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  5. LIC Mutual Fund announces IDCW distribution across 5 schemes; check record date and payout details

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LIC Mutual Fund announces IDCW distribution across 5 schemes; check record date and payout details

image Sangeeta Ojha
By Sangeeta Ojha

3 min read | Updated on September 24, 2026, 08:52 IST

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SUMMARY

LIC Mutual Fund announces IDCW distributions across five schemes. Check the September 25, 2026 record date and payout details for each fund.

LIC Mutual Fund announces IDCW distribution

LIC Mutual Fund announces IDCW distributions across five schemes.

LIC Mutual Fund has announced Income Distribution cum Capital Withdrawal (IDCW) distributions across five of its schemes, with the respective distributions approved by LIC Mutual Fund Trustee, the trustee of LIC Mutual Fund.
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The five schemes are:

  • LIC MF Aggressive Hybrid Fund

  • LIC MF Conservative Hybrid Fund

  • LIC MF Arbitrage Fund

  • LIC MF Equity Savings Fund

  • LIC MF Medium to Long Term Fund

The record date for the 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.

Under the LIC MF Aggressive Hybrid Fund, the IDCW distribution has been fixed at ₹0.12 per unit on a face value of ₹10 per unit. The distribution will be made under the Regular Plan – IDCW Option.
For the LIC MF Conservative Hybrid Fund, investors will receive 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.
The LIC MF Arbitrage Fund has announced an IDCW of ₹0.06 per unit on a face value of ₹10. The distribution will be applicable to the Direct Plan – Monthly IDCW Option.
In the case of the LIC MF Equity Savings Fund, the fund house has announced 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 of the Equity Savings Fund, 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.

Meanwhile, the LIC MF Medium to Long Term Fund will distribute an IDCW of ₹0.25 per unit on a face value of ₹10 under the Regular Plan – Quarterly IDCW Option.

The distributions are subject to the applicable terms and conditions of the respective schemes. Investors eligible as of the record date will be considered for the announced IDCW distributions.

However, IDCW payouts are not the same as guaranteed income. The amount paid out comes from the scheme’s NAV, which reduces to the extent of the payout. 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.

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Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Investors should do their own research or consult a registered financial advisor before making investment decisions.

About The Author

image Sangeeta Ojha
Sangeeta Ojha is a business and finance journalist with experience across leading media platforms like Mint and India Today. She has built a reputation for covering a wide range of personal finance topics, including income tax, mutual funds, insurance, savings and investing.

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