Description
LIC MF CONSUMPTION FUND reopening for ongoing subscription and redemption along with SIP, STP & SWP facility on BSE StAR MF Platform effective November 25, 2025.
Summary
BSE has announced that LIC MF CONSUMPTION FUND will reopen for ongoing subscription and redemption transactions on the BSE StAR MF Platform effective November 25, 2025. The reopening includes facilities for SIP (Systematic Investment Plan), STP (Systematic Transfer Plan), and SWP (Systematic Withdrawal Plan). This notice follows a previous circular (Notice No 20251030-26) and covers six variants of the fund across Regular and Direct plans.
Key Points
- LIC MF CONSUMPTION FUND reopening for ongoing transactions from November 25, 2025
- All transaction types available: subscription, redemption, SIP, STP, and SWP
- Six scheme variants included: 3 Regular Plan options and 3 Direct Plan options
- Each plan offers Growth, IDCW Payout, and IDCW Reinvestment options
- Notice supersedes previous communication dated October 30, 2025 (Notice No 20251030-26)
- All schemes categorized under EQUITY category
Regulatory Changes
No regulatory changes. This is an operational notice regarding the availability of a specific mutual fund scheme for transactions.
Compliance Requirements
Members of BSE StAR MF Platform should:
- Update their systems to enable transactions for LIC MF CONSUMPTION FUND from November 25, 2025
- Ensure all six scheme variants are available for subscription, redemption, SIP, STP, and SWP transactions
- Verify ISIN codes in their systems match those provided in the notice
Important Dates
- November 24, 2025: Notice date
- November 25, 2025: Effective date for reopening of LIC MF CONSUMPTION FUND for ongoing transactions
Scheme Details
| Sr. No | Scheme Name | Scheme Category | ISIN |
|---|---|---|---|
| 1 | LIC MF CONSUMPTION FUND - REGULAR PLAN - GROWTH | EQUITY | INF767K01SA6 |
| 2 | LIC MF CONSUMPTION FUND - REGULAR PLAN - IDCW PAYOUT | EQUITY | INF767K01SC2 |
| 3 | LIC MF CONSUMPTION FUND - REGULAR PLAN - IDCW REINVESTMENT | EQUITY | INF767K01SB4 |
| 4 | LIC MF CONSUMPTION FUND - DIRECT PLAN - GROWTH | EQUITY | INF767K01SD0 |
| 5 | LIC MF CONSUMPTION FUND - DIRECT PLAN - IDCW PAYOUT | EQUITY | INF767K01SF5 |
| 6 | LIC MF CONSUMPTION FUND - DIRECT PLAN - IDCW REINVESTMENT | EQUITY | INF767K01SE8 |
Impact Assessment
Market Impact: Low. This is a routine operational notice affecting only investors and distributors dealing with LIC MF CONSUMPTION FUND.
Operational Impact: Members of BSE StAR MF Platform need to ensure their systems are updated to process transactions for this fund from the effective date.
Investor Impact: Positive for existing and prospective investors of LIC MF CONSUMPTION FUND, as they will regain access to subscription, redemption, and systematic transaction facilities that were previously suspended.
Impact Justification
Routine operational notice regarding the reopening of a mutual fund scheme for transactions. Limited market-wide impact, primarily affects investors of this specific fund.