LIC and HDFC Mutual Funds Announce Income Distribution for Select Schemes

Mutual fund investors looking for regular income through the IDCW (Income Distribution cum Capital Withdrawal) option have a new update to consider. Both LIC Mutual Fund and HDFC Mutual Fund have declared income distribution across a set of their hybrid schemes, with March 25, 2025, set as the official record date.

HDFC Mutual Fund

HDFC Mutual Fund has announced income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for two of its hybrid schemes. The record date for all declared distributions is March 25, 2025.

Under the HDFC Balanced Advantage Fund, both Direct-IDCW and Regular-IDCW options will distribute ₹0.25 per unit. Similarly, the HDFC Equity Savings Fund will distribute ₹0.22 per unit for both Direct and Regular IDCW options.

LIC Mutual Fund 

LIC Mutual Fund has also declared IDCW payouts for a few of its hybrid funds. These include the LIC MF Balanced Advantage and LIC MF Aggressive Hybrid schemes. All distributions have a record date of March 25, 2025.

The LIC MF Balanced Advantage Fund will pay ₹0.5 per unit under both Direct-IDCW and Regular-IDCW options. The LIC MF Aggressive Hybrid Fund will distribute ₹0.1 per unit under its IDCW plan.

Conclusion 

Unitholders whose names appear in the fund’s records as of March 25, 2025, will be eligible for the declared income distribution. The payout will be processed based on the number of units held under the IDCW option of each respective scheme. Investors not holding units under the IDCW option will not be eligible for this distribution.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.