TERMS AND CONDITIONS

Mutual Funds: You hereby confirm that have read the Key Information Memorandum, Scheme Information Document / Statement of Additional Information and Disclaimer for the scheme in which you are investing. In line with regulation under Prevention of Money Laundering Act, 2002 (PMLA), you hereby confirm that the funds for this purchase are being debited from your bank account. You acknowledge that in case the bank details provided does not belong to me, the application is liable to be rejected and the money paid will be refunded without interest.

If folio is held on behalf of minor, you hereby confirm that payment for investment is from the bank account of the minor/joint account of the minor with the guardian only. You acknowledge that in case the bank details provided is not of the minor/joint account of the minor with the guardian, the application is liable to be rejected and the money paid will be refunded without interest.

Pursuant to the AMFI Best Practice Guidelines circular on ‘Risk mitigation process against Third- Party Cheques in mutual fund subscriptions’, Aditya Birla Sun Life AMC Ltd. (ABSLAMC)/ Aditya Birla Sun Life Mutual Fund (ABSLMF) reserves the right to reject the applications for subscriptions of units accompanied with Third Party Payments except in the exceptional situations.

As per SEBI circular no. SEBI/HO/IMD/DF3/CIR/P/2019/166 Bank account which is to be registered in the Folio held on behalf of Minor, should be in the name of the Minor.

Payment by Parents/Grand-Parents/Related persons on behalf of a minor in consideration of natural love and affection or as gift for a value shall not exceeding Rs. 50,000/- (each regular purchase or per SIP instalment).

he folio(s) held on behalf of a minor Unit holder will be frozen for operation by the natural parent/legal guardian on the day the minor attains majority, and no transactions thereafter shall be permitted till requisite documents evidencing change of status of Unit holder from ‘minor’ to ‘major’ are received.

1.1. Cut off Timing for NAV Applicability
The cut-off timing for applicability of NAV for various categories of schemes for Lumpsum & SIP are as under:

Liquid and Overnight Funds: 1:30 p.m. All other Schemes: 3:00 p.m.

In respect of valid applications for purchase of units in schemes, the closing NAV of the day(or immediately following business day if that day is not a business day) on which the funds are available for utilization, shall be applicable, provided: (i) Application is received before the applicable cut-off timing (ii) Funds for the entire amount of subscription / purchase / switch–in as per the application are credited to the bank account of the respective scheme before the applicable cut-off time (iii) The funds are available for utilization before the applicable cut-off time, without availing any credit facility whether intra-day or otherwise, by the respective scheme.

The cut-off timing for applicability of NAV for switch and redemption for all schemes is 3:00 p.m.

1.2. Online KYC
You agree and accept that all the relevant information/documents (including filing various details, uploading necessary supporting documents and in-person digital verification of the authorized signatory) to be provided/ uploaded by me/us for completing the KYC procedure shall be true and correct to the best of your knowledge and belief and you shall not conceal/ suppress any relevant/ material information which is required to be given by me/us for undertaking the KYC procedure. You agree and acknowledge that such information/documents is required to be provided to a third party service provider undertaking the KYC procedure and we shall not hold Aditya Birla Sun Life AMC Limited, Mutual Fund, its Sponsor, trustees, their employees responsible for any acts or omissions committed by such third party service provider. In case any of the information to be provided by me/us is found to be false or untrue or misleading or misrepresenting, you are aware that you may be liable for the consequences thereof including rejection of your/our application. You also undertake to keep you informed in writing about any future changes/modification to the information to be provided by us for KYC procedure & also undertake to provide any other additional information as may be required at your end.

1.3. Folio Creation:
You confirm that we have absolute authority to make this application. You acknowledge and confirm that the Information provided above is/are true and correct to the best of your/our knowledge and belief and nothing relevant/ no material information is concealed/ suppressed by me/us. In case any of the above specified information is found to be false or untrue or misleading or misrepresenting, you am/are aware that You shall be liable for the consequences thereof including rejection of your/our application and cancellation of portfolio account. You hereby authorize you to disclose, share, remit in any form, mode or manner, all/any of the information provided by me/us, including all changes, updates to such information as and when provided by me/us to Mutual Fund, its Sponsor, Asset Management Company, trustees, their employees/RTAs ('the Authorized Parties') or any Indian or foreign governmental or statutory or judicial authorities/agencies including but not limited to the Financial Intelligence Unit-India (FIU-IND), the tax/revenue authorities in India or outside India wherever it is legally required and other investigation agencies without any obligation of advising me/us of the same including acting upon the legal requirements, orders of any government or statutory or judicial authorities. Further, You, authorize to share the given information to other SEBI-registered intermediaries to facilitate single submission/ updation & for other relevant purposes. You also undertake to keep you informed in writing about any changes/ modification to the above information in future and also undertake to provide any other additional information as may be required at your end.

1.4. FATCA & CRS Declaration
You acknowledge and confirm that the information provided above is/are true and correct to the best of your/our knowledge and belief. In case any of the above specified information is found to be false or untrue or misleading or misrepresenting, You am/are aware that You may liable for it. You hereby authorize you to disclose, share, remit in any form, mode or manner, all / any of the information provided by me/ us, including all changes, updates to such information as and when provided by me/ us to Mutual Fund, its Sponsor, Asset Management Company, trustees, their employees / RTAs ('the Authorized Parties') or any Indian or foreign governmental or statutory or judicial authorities / agencies including but not limited to the Financial Intelligence Unit-India (FIU-IND), the tax / revenue authorities in India or outside India wherever it is legally required and other investigation agencies without any obligation of advising me/us of the same. Further, You, authorize to share the given information to other SEBI Registered Intermediaries to facilitate single submission / updation & for other relevant purposes. You also undertake to keep you informed in writing about any changes / modification to the above information in future and also undertake to provide any other additional information as may be required at your end.

1.5. Payment Options
We have suggested UPI as of the quickest payment method for you; however, if you wish to change the payment mode as per your preference, then it may lead to delay in NAV applicability. Allotment of units would be done basis receipt and realization of credit only.

* Please click here to view the payment mode and their efficiency.

Net Banking
Upon confirmation of purchase details, you will be redirected to the bank’s secure payment gateway For payment made through bank other than Axis, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, State Bank of India, Yes Bank,the credit to the respective schemes’ bank account may happen after at least 2 working days. Units will be allotted basis time of receipt of credit into the scheme collection account.

1.6. OTM
It may take up to 3 working days to receive the credit into our scheme collection account. Units will be allotted basis time of receipt of credit into the scheme collection account.

1.7. UPI
Unified Payments Interface (UPI) is an instant payment system developed by the National Payments Corporation of India (NPCI), an RBI regulated entity. UPI allows you to instantly transfer money using the mobile phone between any two parties' bank accounts basis a Virtual Payment Address (VPA) - a unique identifier like your mobile number or name.

At present, the transaction limit as per NPCI is Rs. 1 Lakh per transaction per day, however this limit may vary from bank to bank. Please note that BHIM application of NPCI allows a maximum of Rs 10,000 per transaction and a maximum of Rs 20,000 per day.

Click here to know more.

1.8. Switch / Redemption / STP / SWP
The available units/amount may differ at the time of actual processing of the transaction on account of factors like, lien marking removal, processing of any other pending transaction or any other valid reason. Please note the units/amount displayed is as per previous day NAV and the NAV applicable for the transaction would be as per the transaction date. If the available units/amount at the time of processing the request is lesser than the opted units/amount, then all the available units would be redeemed.

1.9 Fee / Brokerage Range