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Glossary· Costs & scheme terms

What is Growth vs IDCW option?

Whether gains stay invested or get paid out.

Growth compounds everything inside the fund. IDCW (Income Distribution cum Capital Withdrawal, formerly "dividend") pays some out — but it is your own capital coming back, and the NAV drops by the amount paid. IDCW is not extra income.

For the formula and the constants behind this figure, see Methodology.

Guides that use Growth vs IDCW option

7 guides put this term to work.

More on costs & scheme terms

What you pay, and the rules attached to buying and selling units.

Expense ratio
The fund's annual running cost, as a percentage of assets.
Direct vs Regular plan
The same portfolio, sold with or without distributor commission built in.
Exit load
A fee charged when you redeem within a stated period.
Lock-in
A period in which units cannot be redeemed at all.
Stamp duty
A flat 0.005% government levy on every mutual fund purchase.
Minimum SIP / lumpsum
The smallest instalment and the smallest one-time amount the scheme accepts.
NFO
A scheme's initial subscription window, before it starts trading.