Description
LIC Mutual Fund launches Consumption Fund NFO on NSE MF Invest Platform available for subscription from October 31, 2025 to November 14, 2025.
Summary
National Stock Exchange announces the launch of LIC MF Consumption Fund New Fund Offer (NFO) on the NSE MF Invest Platform. The NFO will be open for subscription from October 31, 2025 to November 14, 2025 until 11:59 PM. The fund offers six scheme options across Direct and Regular plans with IDCW Payout, IDCW Reinvestment, and Growth variants under the Equity category.
Key Points
- NFO subscription period: October 31, 2025 to November 14, 2025 (till 11:59 PM)
- Six scheme options available: Direct and Regular plans with IDCW Payout, IDCW Reinvestment, and Growth options
- All schemes categorized as Equity funds
- Allotment date scheduled for November 21, 2025
- Clear funds payment deadline: November 20, 2025 (till 08:00 PM)
- Fund house: LIC Mutual Fund
Scheme Details
| Scheme Name | ISIN | Category | Allotment Date |
|---|---|---|---|
| LIC MF Consumption Fund Direct IDCW Payout | INF767K01SF5 | Equity | November 21, 2025 |
| LIC MF Consumption Fund Direct IDCW Reinvestment | INF767K01SE8 | Equity | November 21, 2025 |
| LIC MF Consumption Fund Regular IDCW Payout | INF767K01SC2 | Equity | November 21, 2025 |
| LIC MF Consumption Fund Regular IDCW Reinvestment | INF767K01SB4 | Equity | November 21, 2025 |
| LIC MF Consumption Fund Direct Growth | INF767K01SD0 | Equity | November 21, 2025 |
| LIC MF Consumption Fund Regular Growth | INF767K01SA6 | Equity | November 21, 2025 |
Compliance Requirements
- Members must ensure clear funds through any payment mode are received in the designated Clearing Corporation account
- Payment must be completed on or before November 20, 2025 till 08:00 PM
Important Dates
- NFO Opens: October 31, 2025
- NFO Closes: November 14, 2025 (11:59 PM)
- Payment Deadline: November 20, 2025 (08:00 PM)
- Allotment Date: November 21, 2025
Contact Information
- Toll Free Number: 1800 2100 940
- Email: support@nseinvest.com
Impact Assessment
This is a routine NFO launch with minimal market-wide impact. It provides investment opportunities for retail and institutional investors interested in consumption-themed equity funds. The circular is primarily informational for NSE members and investors looking to participate in the NFO through the NSE MF Invest Platform.
Impact Justification
Routine NFO launch notification for mutual fund scheme with limited market-wide impact, primarily informational for members interested in the specific fund offering