What is the impact of dividends on the NAV if the Income Distribution Capital Withdrawal (IDCW) scheme has paid dividends?

The NAV of schemes in Income Distribution Capital Withdrawal (IDCW) plans will go down to the extent of the dividend paid.

For example, if the NAV before the dividend paid is ₹15 and the scheme pays ₹5 as the dividend, the NAV post the dividend payout will be ₹10.