LIC Mutual Fund has announced income distribution under the IDCW option of its Equity Savings Fund and Arbitrage Fund, as reported by Value Research. The fund house has set the record date as July 27, 2026, or the immediate next Business Day if that day is not a Business Day, for these distributions. This announcement covers multiple schemes including the LIC MF Equity Savings Fund and LIC MF Arbitrage Fund, offering income distribution benefits to investors across different fund categories.
According to Value Research, the income distribution is being declared under the IDCW option of the LIC MF Equity Savings Fund and LIC MF Arbitrage Fund. The fund house has provided the record date as July 27, 2026, or the immediate next Business Day if that day is not a Business Day, for these distributions. For the Equity Savings Fund, the quantum of IDCW on the face value of ₹10.00 per unit will be ₹0.10 under Regular Plan – Monthly IDCW Option and Direct Plan – Monthly IDCW Option. For the Arbitrage Fund, the quantum remains ₹0.06 under Direct Plan – Monthly IDCW Option.
This comprehensive income distribution declaration specifically affects multiple LIC MF schemes, providing clarity for investors regarding the distribution timeline and eligibility criteria for receiving income distribution benefits under the IDCW option. The announcement from LIC Mutual Fund Trustee ensures proper regulatory compliance and transparency in the distribution process across different fund categories, offering investors multiple options for income generation through systematic withdrawal plans.
