IDCW definition

IDCW means Income Distribution cum Capital Withdrawal (Formerly known as dividend) by the Scheme on the Units.
IDCW means Income Distribution cum Capital Withdrawal by the Scheme on the Units;
IDCW means Income Distribution cum Capital Withdrawal. Under the IDCW option, the Trustee may at any time decide to distribute by way of IDCW, the surplus by way of realised profit and interest, net of losses, expenses and taxes, if any, to Unitholders if, in the opinion of the Trustee, such surplus is available and adequate for distribution. The Trustee's decision with regard to such availability and adequacy of surplus, rate, timing and frequency of distribution shall be final. The Trustee may or may not distribute surplus, even if available, by way of IDCW.

Examples of IDCW in a sentence

  • IDCW accepts no responsibility, liability or risk at any time for loss of data and configuration information, time lost or any other damaged caused during a support enquiry.

  • If the customer has an overdue account with IDCW, this will void the agreement and full support costs will be charged.