Income distribution in three schemes of LIC Mutual Fund announced

LIC Mutual Fund (LIC MF) has announced distributions under the Income Distribution cum Capital Withdrawal (IDCW) option across three of its schemes. They are LIC MF Aggressive Hybrid Fund, LIC MF Equity Savings Fund and LIC MF Arbitrage Fund.

The record date determines the eligibility of investors to receive the declared distribution. Investors holding units under the applicable plans on the record date, subject to the scheme's terms and applicable conditions, will be eligible for the distribution.

The latest announcements cover three different categories of mutual fund strategies. The Aggressive Hybrid Fund combines equity and debt investments, while the Equity Savings Fund invests across equity, debt and arbitrage opportunities. The Arbitrage Fund primarily seeks to benefit from price differentials between the cash and derivatives markets.