21/07/2023 12:41:49 PM | Source: Accord Fintech
LIC MF declares IDCW under Tax Plan
LIC Mutual Fund (MF) has informed that LIC Mutual Fund Trustee, the Trustee to LIC Mutual Fund, approved distribution under Income Distribution cum Capital Withdrawal (IDCW) under LIC MF Tax Plan (the scheme). The record date for the same is July 24, 2023 or the immediate next Business Day if that day is not a Business Day.
The quantum of IDCW on the face value of Rs 10.00 per unit will be Rs 0.25 under Direct Plan IDCW Option and Regular Plan IDCW Option .
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