LIC Mutual Fund has announced Income Distribution cum Capital Withdrawal (IDCW) distributions across five schemes, with the respective distributions approved by LIC Mutual Fund Trustee. The record date for all distributions has been fixed as September 25, 2026. If the date is not a Business Day, the record date will be the immediate next Business Day. The distributions are subject to the applicable terms and conditions of the respective schemes, with investors eligible as of the record date being considered for the announced IDCW distributions.
The LIC MF Aggressive Hybrid Fund has announced an IDCW distribution of ₹0.12 per unit on a face value of ₹10 per unit. The distribution will be made under the Regular Plan – IDCW Option. This scheme is designed to generate income by investing in a portfolio of quality short-term debt securities, benchmarked against CRISIL Low Duration Debt B-I Index, with notable holdings including Punjab National Bank (₹966.23 crore), REC Ltd (₹769.86 crore), and Bank of Baroda (₹748.77 crore).
The LIC MF Conservative Hybrid Fund offers investors an IDCW of ₹0.18 per unit, based on a face value of ₹10 per unit. The distribution applies to the Regular Plan – Quarterly IDCW Option. This scheme is designed to generate income by investing in a portfolio of quality short-term debt securities, benchmarked against CRISIL Low Duration Debt B-I Index, with notable holdings including Punjab National Bank (₹966.23 crore), REC Ltd (₹769.86 crore), and Bank of Baroda (₹748.77 crore).
LIC MF Arbitrage Fund has announced an IDCW distribution of ₹0.06 per unit on a face value of ₹10. The distribution will be applicable to the Direct Plan – Monthly IDCW Option. This open-ended scheme investing in arbitrage opportunities has been approved for IDCW distribution by LIC Mutual Fund Trustee.
The LIC MF Equity Savings Fund offers different IDCW amounts across its monthly and quarterly options. An IDCW of ₹0.10 per unit will be distributed under both the Regular Plan – Monthly IDCW Option and the Direct Plan – Monthly IDCW Option. For the quarterly options, the IDCW has been fixed at ₹0.25 per unit under both the Regular Plan – Quarterly IDCW Option and the Direct Plan – Quarterly IDCW Option. This scheme is designed to generate income by investing in a portfolio of quality short-term debt securities, benchmarked against CRISIL Low Duration Debt B-I Index.
HDFC Mutual Fund has announced income distribution under the IDCW option of several funds, with the record date set for September 25, 2026. The fund house has declared specific distributions across multiple schemes, with HDFC Balanced Advantage Direct-IDCW and Reg-IDCW both offering ₹0.250 per unit. Additionally, HDFC Equity Savings Direct-IDCW and Reg-IDCW both provide ₹0.220 per unit. These distributions apply to both regular and direct plans across the respective schemes, covering both payout and reinvestment options.
IDCW payouts are not the same as guaranteed income, as the amount paid out comes from the scheme's NAV, which reduces to the extent of the payout. The tax treatment of IDCW also depends on the investor's applicable tax rules and is not treated the same way as a fixed-income return. For tax purposes, units redeemed within 3 years are taxed at the investor's applicable slab rate, while units held for over 3 years are taxed at 20% post-indexation benefits. Dividend income exceeding ₹5,000 annually is subject to 10% TDS.
