What does IDCW on Coin mean?

IDCW stand for Income Distribution Capital Withdrawal option, which means this is a dividend distribution plan.

Dividends in mutual funds are a partial payout of the profits earned from the investments, i.e., from the distribution of profits earned from the underlying investments. Once the profits (dividends) have been paid out, the NAV of the fund decreases. To learn the impact of dividends on the NAV, see What is the impact of dividends on the NAV if the Income Distribution Capital Withdrawal (IDCW) scheme has paid dividends?

Did you know?

• Dividends can be tracked on the AMC’s website.
• Currently, IDCW reinvestment schemes are not available on Coin.