01-01-1970 12:00 AM | Source: Accord Fintech
LIC MF declares IDCW under Tax Plan
News By Tags | #6686 #392 #1461

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

LIC Mutual Fund (MF) has informed that LIC Mutual Fund Trustee, the Trustee to LIC Mutual Fund, has approved distribution under Income Distribution cum Capital Withdrawal (IDCW) in LIC MF Tax Plan (the scheme). The record date for the same is 28th December, 2022.

The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.25 under Direct Plan IDCW Option and Regular Plan IDCW Option.