Mirae Asset Mutual Fund

Trustee: Mirae Asset Trustee Company Private Limited
CIN: U65191MH2007FTC170231

Investment Manager: Mirae Asset Global Investments (India) Private Limited
CIN: U65993MH2006FTC165663

Registered & Corporate Office:

Unit No.606, Windsor Building, Off. C.S.T Road, Kalina, Santacruz (East),
Mumbai – 400098.
Tel. No.: 022-678 00 300 Fax No.: 022- 6725 3940 - 47
Website: www.miraeassetmf.co.in E-mail: miraeasset@miraeassetmf.co.in

KEY INFORMATION MEMORANDUM
of
MIRAE ASSET TAX SAVER FUND
(An open ended equity linked saving Scheme with a 3 year lock-in period)

Continuous Offer for units at NAV based prices.

This Key Information Memorandum (KIM) sets forth the information, which a prospective investor
ought to know before investing. For further details of the scheme/Mutual Fund, due diligence
certificate by the AMC, Key Personnel, investors’ rights & services, risk factors, penalties & pending
litigations etc. investors should, before investment, refer to the Scheme Information Document (SID)
and Statement of Additional Information (SAI) available free of cost at any of the Investor Service
Centres or distributors or from the website www.miraeassetmf.co.in

The Scheme particulars have been prepared in accordance with Securities and Exchange Board of
India (Mutual Funds) Regulations 1996, as amended till date, and filed with Securities and Exchange
Board of India (SEBI). The units being offered for public subscription have not been approved or
disapproved by SEBI, nor has SEBI certified the accuracy or adequacy of this KIM.

Investment The investment objective of the scheme is to generate long-term capital appreciation
Objective from a diversified portfolio of predominantly equity and equity related instruments.

The Scheme does not guarantee or assure any returns.
Asset Indicative allocations
Allocation Instruments Risk Profile
(% of total assets)
Pattern of the Minimum Maximum
scheme

Key Information Memorandum - Mirae Asset Tax Saver Fund 1

Equity and Equity Related 80 100 High
Instruments*
Debt Instruments, Money Market 0 20 Low to
Instruments, G-Secs, Cash, CBLO, Medium
Reverse Repo etc.
*Equity and Equity related instruments include convertible debentures, equity warrants,
convertible preference shares, etc.

The funds collected under a plan shall be invested in equities, cumulative convertible
preference shares and fully convertible debentures and bonds of companies. Investment
may also be made in partly convertible issues of debentures and bonds including those
issued on rights basis subject to the condition that, as far as possible, the non-convertible
portion of the debentures so acquired or subscribed, shall be disinvested within a period
of 12 months.

The Scheme shall not invest in derivative instruments, securitized debt and shall not
engage into stock lending/short selling. All the investment shall be made subject to the
guidelines which may be prescribed by the various regulatory authorities, Board of
Directors of the Asset Management Company and Trustee Company.

In accordance with SEBI Circular No. Cir/ IMD/ DF/ 11/ 2010 dated August 18, 2010
the cumulative investments in the Fund including investment in equity and equity
related instruments, debt and money market, if any, shall not exceed 100% of the net
assets under management of the scheme.

The Scheme will not participate in short selling, securitized debt, equity linked
debentures, repo/reverse repo transactions of Corporate Debt Securities and shall not
invest in foreign securities (including ADG/GDR). The scheme does not intend to invest
into any credit default swaps.

Debt securities include, but are not limited to, Debt securities of the Government of
India, State and Local Governments, Government Agencies, Statutory Bodies, Public
Sector Undertakings, Public Sector Banks or Private Sector Banks or any other Banks,
Financial Institutions, Development Financial Institutions, and Corporate Entities,
collateralized debt securities or any other instruments as may be prevailing and
permissible under the Regulations from time to time).

The Debt Securities (including money market instruments) referred to above could be
fixed rate or floating rate, listed, unlisted, privately placed, among others, as permitted
by regulation. The Scheme may also invest in deposits of Scheduled Commercial Banks
as permitted under Regulations / Guidelines. The Investment Manager will invest only
in those debt securities that are rated investment grade by a domestic credit rating
agency authorized to carry out such activity, such as CRISIL, ICRA, CARE, FITCH,
etc.

Pending deployment of funds of a Scheme in securities in terms of investment
objectives of the Scheme a mutual fund can invest the funds of the Scheme in short term
deposits of scheduled commercial banks. The investment in these deposits shall be in
accordance with SEBI Circular dated April 16, 2007, October 26, 2007 and June 23,
2008.

Further, the Scheme may, pending deployment of funds invest in units of money
market/liquid schemes of Mirae Asset Mutual Fund and/or any other mutual fund. Such
investments will be within the limits specified under SEBI (MF) Regulations. The AMC

Key Information Memorandum - Mirae Asset Tax Saver Fund 2

It must be clearly understood that the percentages can vary substantially depending upon the perception of the Investment Manager. The fund manager may not have any bias towards particular theme or style in picking investment opportunities. The Investment Committee shall then decide on the course of action. After three years of the date of allotment of the units. Government securities. Subject to SEBI (MF) Regulations. the fund manager does have the flexibility to follow a focused approach on the investments. However. CBLO or notice money. He will invest in companies that benefit from macroeconomic. Investments other than in equity will be made for managing liquidity in the normal market circumstances. justification for the same shall be placed before the Investment Committee and reasons for the same shall be recorded in writing. the Mutual Fund may invest the funds in short-term money market instruments or other liquid instruments or both. treasury bills. the focus would be to build a diversified portfolio of strong growth companies. reflecting our most attractive investment ideas. The preferred instruments will be debt and money market instruments include commercial papers.Mirae Asset Tax Saver Fund 3 . at all points of time. the Mutual Fund may hold upto twenty per cent of net assets of the plan in short-term money market instruments and other liquid instruments to enable them to redeem investment of those unit holders who would seek to tender the units for repurchase. at all times the portfolio will adhere to the overall investment objectives of the Scheme. shall not charge any investment management fees with respect to such investment. The Scheme will strive to invest its funds in the manner stated above within a period of six months from the date of closure of the NFO. investments in equity and equity related instruments shall be to the extent of at least 80% of net assets of the scheme in equity and equity related instruments as specified above. Where the portfolio is not rebalanced within 30 calendar Days. However. applicable regulations and political and economic factors. commercial bills. Such changes in the investment pattern will be for short term and for defensive consideration only. Investment The Scheme will primarily invest in equity and equity related securities. industry trends and business cycles. the intention being at all times to seek to protect the interests of the Unit holders. In accordance with the Equity Linked Savings Scheme (ELSS) guidelines. certificate of deposit and any other like instruments as specified by Reserve Bank of India from time to time. Pending investment of funds of a plan in the required manner. keeping in view market conditions. portfolio rebalancing will be carried out within 30 calendar days. quality of management in terms of corporate governance and commitment to minority shareholders etc. the asset allocation pattern indicated above may change from time to time. Key Information Memorandum . this requirement may be dispensed with by the Scheme in order that the interest of the investors is protected. market opportunities. The fund manager broadly analyses the macro economy. However. Strategy Equity: For the equity portion. industry and sectoral trends (Top down Theme Overlay) after doing bottom up analysis and due diligence. to the extent the fund invests in equity shares. In the event of deviations. in exceptional circumstances.

enjoying sustainable competitive advantages as compared to their competitors and have high return ratios. Risk control would involve managing risk in order to keep it in line with the investment objective of the Scheme. average duration and analyzes the same so as to act in a preventive manner. reinvestment risk. credit risk. the ability of Unitholders to realize returns in the Scheme is restricted for the first three years from the date of their allotment. tracking error etc. There will be no exposure to securitized debt securities in the portfolio. As per the provision of lock-in under the ELSS Guidelines. credit risk and liquidity risk etc.  The investment team will primarily use a top down approach for taking interest rate view. The risk control measures for managing the debt portion of the scheme are: Key Information Memorandum .  The credit quality of the portfolio will be maintained and monitored using in-house research capabilities as well as inputs from external sources such as independent credit rating agencies. The AMC has implemented Quantis as the Front Office and Settlement System (FOS). yield. reinvestment risk. the Scheme Please read the Scheme Information Document (SID) carefully for details on risk factors before investment. they may be minimized through diversification. Risk Control Risk is an inherent part of the investment function. risks associated with Debt & Money Market Instruments like price/interest rate risk.. Whilst such risks cannot be eliminated. credit risk. The Scheme does not propose to underwrite issuances of securities of other issuers. they may be minimized through diversification. The Scheme is subjected to risk factors associated with investments in Equity Investments. The Fund Manager will try to have a large base of stocks in the portfolio to avoid concentration risk and liquidity risk. Scheme specific Risk Factors are summarized below: Some or all of these risks may adversely affect Scheme’s NAV. concentration risk. The risk control process involves identifying & measuring the risk through various Risk Measurement Tools like but not limited to calculating risk ratios. The Scheme will also invest in debt securities and money market instruments. and Unlisted Securities. Whilst such risks cannot be eliminated. Risk Profile of Mutual Fund Units involve investment risks including the possible loss of principal. The Fund Managers will monitor the trading volumes in a particular stock before investment to avoid liquidity risk. Effective risk management is critical measures to fund management for achieving financial soundness. spread risk. sector allocation along with a bottom up approach for security/instrument selection. Investments by the Scheme shall be made as per the investment objective of the Scheme and provisions of SEBI (MF) Regulations. return and/or its ability to meet its objectives. liquidity risk.  The bottom up approach will assess the quality of security/instrument (including the financial health of the issuer) as well as the liquidity of the security. The universe of stocks will comprise majorly of companies having a robust business models.  Investments in debt instruments carry various risks such as interest rate risk. AMC has incorporated adequate safeguards to manage risk in the portfolio construction process. etc. The system enables identifying & measuring the risk through various risk measurement tools like various risk ratios.Mirae Asset Tax Saver Fund 4 . The system has incorporated all the investment restrictions as per SEBI guidelines and “soft” warning alerts at appropriate levels for preemptive monitoring. pre-payment risk.

2. not more than 10% of the portfolio can be invested in unlisted securities. money market instruments. Liquidity risk is today characteristic of the Indian fixed income market. CRISIL. ICRA updates etc. financials. Debt ratios. There is a regulatory and internal cap on exposure to each issuer. Sources for credit analysis include Capital Line. Plans & The Scheme will have Regular Plan and Direct Plan** with a common portfolio and Options separate NAVs. Concentration Risk The AMC will mitigate this risk by investing in sufficiently large number of issuers spread across the sectors so as to maintain optimum diversification and keep issuer/sector specific concentration risk relatively low. Risk of investing in unlisted securities As per SEBI guidelines. MIBOR linked debentures and corporate bonds exposure. Diversification in the portfolio reduces the impact of high fluctuations in daily individual stock prices on the portfolio. Treatment for investors based on the applications received is given in the table below: Key Information Memorandum . “Mirae Asset Tax Saver Fund . Rigorous due diligence is undertaken before any investments are made by the portfolio in unlisted securities. endeavor to minimize liquidity risk by investing in securities having a liquid market. Each of the above Regular and Direct Plan under the scheme will have the following Options / Sub-options: (1) Growth Option and (2) Dividend Option. Risks Associated with Equity Investments: The scheme has a diversified portfolio to counter the volatility in the prices of individual stocks. cash flows are analysed at regular intervals to take a call on the credit risk. Credit analysis plays an important role at the time of purchase of bond and then at the time of regular performance analysis. Monitoring risk adjusted returns performance of the fund with respect to its peers and its benchmark. for diversification reasons. Investors should indicate the Plan for which the subscription is made by indicating the choice in the application form. While the liquidity risk for government securities. Liquidity Risk The Schemes will invest in debt instruments and money market instruments. money market instruments and short maturity corporate bonds may be low.Mirae Asset Tax Saver Fund 5 . The Dividend Option shall have only Dividend Payout option.Direct Plan”.The fund has a rigorous credit research process. Risks Associated with Debt & Money Market Instruments Credit Risk . Our internal research anchors the credit analysis. The Schemes will however.e. This ensures a diversified portfolio and reduced credit risk in the portfolio. 4. Tracking analysis of the fund on various risk parameters undertaken by independent fund research / rating agencies or analysts and take corrective measures if needed. 3. We define individual limits for G Sec. it may be high in case of medium to long maturity corporate bonds. if any. 1. Investors subscribing under Direct Plan of the Scheme will have to indicate “Direct Plan” against the Scheme name in the application form i.

000 (Rs. In case. 2 Key Information Memorandum . Cut off timing for subscriptions / purchases / switch. the application shall be processed under Regular Plan. In respect of valid applications received after 3. if already printed on the forms must be struck off and countersigned by the investors. In respect of valid applications with an outstation cheques or demand drafts not payable at par at the Official Points of Acceptance where the application is received. Ensure that the broker code block in the form is not left blank (i. Two lakh only) i. by the Fund along with a local cheque or a demand draft payable at par at the Official Point(s) of Acceptance where the application is received. the closing NAV of the following Business Day shall be applicable.Mirae Asset Tax Saver Fund 6 .ins for an amount less than NAV (after Rs. However. Scenario Broker Code Plan mentioned Default Plan mentioned by the by the investor to be captured investor 1 Not mentioned Not mentioned Direct Plan 2 Not mentioned Direct Direct Plan 3 Not mentioned Regular Direct Plan 4 Mentioned Direct Direct Plan 5 Direct Not Mentioned Direct Plan 6 Direct Regular Direct Plan 7 Mentioned Regular Regular Plan 8 Mentioned Not Mentioned Regular Plan In cases of wrong/ invalid/ incomplete ARN codes mentioned on the application form.m. ii. 2. 2. it should be either struck off or indicated 'direct' or NA) However.m. the investors should note the following instructions for ensuring that the application is treated as a direct application: 1. Broker code.00 p. Applicable Cut off timing for subscriptions / purchases / switch.00 p. **DIRECT PLAN: Direct Plan is only for investors who purchase /subscribe Units in a Scheme directly with the Mutual Fund and is not available for investors who route their investments through a Distributor. The AMC shall contact and obtain the correct ARN code within 30 calendar days of the receipt of the application form from the investor/ distributor. In respect of valid applications received for an amount equal to or more than Rs.00. the AMC shall reprocess the transaction under Direct Plan from the date of application without any exit load. 2. In respect of valid applications received by 3.ins amount equal to or greater than Rs.000 (Rs. Two lakh only) the scheme opens for For Purchases including switch-ins: repurchase) i. iii.e. by the Fund along with a local cheque or a demand draft payable at par at the Official Point(s) of Acceptance where the application is received. the closing NAV of the day on which application is received shall be applicable. then the AMC treats such application as “Direct” in the interest of the investors.00. if the investor does not specify the application as “Direct” or otherwise. the correct code is not received within 30 calendar days. the closing NAV of day on which the cheque or demand draft is credited shall be applicable.

500/. iii.e.and in multiples of Rs. In case the delay is beyond 30 days. In respect of valid application accepted at an Official Point of Acceptance as listed in the SAI. (Redemption) Request Benchmark S&P BSE 200 Index Dividend A dividend may be declared by the Trustee. after 3 p. 2 lakh or more and to determine the applicable Net Asset Value. will be aggregated to ascertain whether the total amount equals to Rs. Name of the The Scheme will be managed by Mr.Mirae Asset Tax Saver Fund 7 . available for utilization before the cut-off time on any subsequent Business Day . available for utilization before the cut-off time. The minimum redemption amount shall Application thereafter.e. Transactions in the name of minor received through guardian will not be aggregated with the transaction in the name of same guardian.00 p. from time to time (subject Policy to the availability of distributable surplus as calculated in accordance with the Regulations). only to those Unit holders who have opted for Dividend Option. the closing NAV of that day will be applicable. where the funds for the entire amount of subscription/purchase/ switch-ins as per the application are credited to the bank account of the Scheme before the cut-off time on any subsequent Business Day i. In respect of valid applications received for an amount equal to or more than Rs. If the Fund declares a dividend under the Scheme.the closing NAV of the next Business Day shall be applicable. There is no assurance or guarantee to unit holders as to the rate of dividend distribution nor will that dividend be regularly paid. For Redemption/ Repurchases/Switch out In respect of valid application accepted at an Official Points of Acceptance up to 3 p. available for utilization before the cut-off time of the next Business Day . ii. at the Official Point(s) of Acceptance and where the funds for the entire amount of subscription / purchase/switch-ins as per the application are credited to the bank account of the Scheme before the cut-off time i. the closing NAV of the next Business Day will be applicable. Such dividends if declared will be paid under normal circumstances. Neelesh Surana (for equity portion) and Mr. at the Official Point(s) of Acceptance and where the funds for the entire amount of subscription / purchase as per the application are credited to the bank account of the Scheme before the cut-off time of the next Business Day i. AMC shall dispatch the dividend warrants within 30 days from the date of declaration of the dividend. 500/. 2 lakh after 3. Irrespective of the time of receipt of applications for an amount equal to or more than Rs. then the AMC shall pay interest @ 15% p. be ‘any amount’ or ‘any number of units’ as requested by the investor at the time of redemption request. Minimum Purchase and Additional Purchase Repurchase Amount for Rs.the closing NAV of such subsequent Business Day shall be applicable. 2 lakh at the Official Point(s) of Acceptance. Key Information Memorandum . on a Business Day by the Fund.00 p. It is clarified that all multiple applications for investment at the Unit holders’ PAN and holding pattern level in a Scheme (irrespective of amount or the plan/option/sub-option) received on the same Business Day.a. The criteria for aggregation of multiple transactions shall be as decided by the AMC at its sole discretion from time to time.m.e. lakh upto 3. at its discretion. on a Business Day by the Fund. from the expiry of 30 days till the date of dispatch of the warrant.m. Dispatch of The redemption or repurchase proceeds shall be dispatched to the unitholders within 10 Repurchase working days from the date of redemption or repurchase.the closing NAV of the day shall be applicable.m.m.

Investors can also call us on “1800 2090 777” (toll-free from a Key Information Memorandum .a maximum charge of 0. Actual expenses for the financial year 2015-16. 300 Next Rs. Load for Direct Applications Tax treatment Investors are advised to refer to the paragraph on Taxation in the “Statement of for the Additional Information” or “Scheme Information Document” and to consult their own Investors unit holder's tax advisors with respect to the specific amount of tax and other (Unitholders) implications arising out of their participation in the scheme.co. 1.20% p. The upfront commission shall be paid by the investor directly to the distributor. of daily net assets towards Investment Management and Advisory Fees and the various sub-heads of recurring expenses mentioned under Regulation 52 (2) and (4) of SEBI (MF) Regulations respectively. Exit Load – Nil 2.30% on the daily net assets computed as per the guidelines issued by SEBI for meeting distribution expenses incurred for bringing inflows from such cities.90% Direct Plan: 1. Recurring As per the regulations.miraeassetmf. 2016 and hence performance Performance is not being shown. 1. Similarly. and (d) Service Tax on Investment Management and Advisory Fees. Expenses of Entry Load – N.12% of the value of trades in case of cash market transactions and 0. 100 Next Rs. inclusive of Service Tax : Regular Plan: 2.00% 1. the Scheme In accordance with SEBI circular no. 2009.Mirae Asset Tax Saver Fund 8 . no entry load will be charged by the Scheme to the investor.50% 2.05% of the value of trades in case of derivatives transactions.23% Waiver of Not Applicable. the maximum recurring expenses including investment expenses management and advisory fee that can be charged to the scheme shall be subject to the percentage limit of weekly net assets as in the table below: First Rs.Fund Yadnesh Chavan (for debt portion) Manager Name of the Mirae Asset Trustee Company Private Limited Trustee Company Scheme The Scheme has not completed one year as on March 31. the following expenses may also be charged under the Scheme(s)- (a) Expenses in respect of inflows from beyond top 15 cities . no entry Structure load will be charged with respect to applications for registrations under Systematic Investment Plan (SIP) / Systematic Transfer Plan (STP) accepted by the Mutual Fund with effect from August. as prescribed by SEBI norms. Load 2009. Daily Net The NAV will be declared on all business days and will be published in at least 2 Asset Value newspapers. based on his assessment of various factors including the service rendered by the distributor.A. 300 Balance crores crores crores 2. 4/168230/09 dated June 30. NAV can also be viewed on www. SEBI/IMD/CIR No.a. 25% 2.75% In addition to the recurring expenses specified for the Scheme(s). (b) Expenses not exceeding 0. (c) Brokerage and transaction costs not exceeding 0.com.amfiindia.in and (NAV) www.

containing details relating to all the transactions carried out by the investor across all schemes of all mutual funds during the month and holding at the end of the month shall be sent to the Unit holder in whose folio transactions have taken place during that month. the nominee or legal heir. Santacruz (E). from the date of allotment of the Units to the deceased Unit Holder. shown in the statement issued by respective Depository Participants (DPs) periodically.Publication MTNL / BSNL landline) to know the latest NAV. as prescribed in the ELSS regulations.co. For more details. ders. The NAV will be disclosed at the close of every business day. 2015 (the date of allotment of Units proposed to be redeemed). to all such Unit holders in whose folios no transaction has taken place during that period.girish@miraeasset. Windsor Bldg. (subject to production of requisite documentary evidence to the satisfaction of the AMC) as the case may be. however. shall be able to redeem the investment only after the completion of one year or any time thereafter. September/ March). Monthly Portfolio Disclosures: Portfolio of the Scheme(s) as on the last day of the month shall be disclosed on or before the tenth day of the succeeding month on the website of the Mutual Fund viz.miraeassetmf. Off CST Road. For Investor Mr. Telephone Nos.Mirae Asset Tax Saver Fund 9 . please refer the Scheme Information Document (SID) and Statement of Additional Information (SAI).miraeassetmf. The Mutual Fund/ AMC shall dispatch an account statement within 5 Business Days from the date of the receipt of request from the Unit holder. The NAV calculated will be published in two newspapers on a daily basis. of every six months (i. Investors can also visit the website at www.com Investors are advised to contact any of the ISCs or the AMC by calling the investor line of the AMC at "1800 2090 777" for any queries.400 098. -availability of PAN. ling the AMC/ISC/R&T. on or before 10th of the succeeding month by mail/email. idated Account Statement (CAS). Kalina. Mumbai .e. Unitholders’ Lock-in period: Information Redemption of Units can be made only after a period of three years (lock-in period) from December 28.co.in in the prescribed format. 6th Floor. be noted that in the event of death of the Unit holder. and/or SMS within 5 Business Days of receipt of valid application/transaction to the Unit holders registered e-mail address and/or mobile number. It may. generated based on PAN. AMC will send monthly account statement for any financial transactions undertaken during the month on or before 10th day of the succeeding month by mail/email.in for complete details.: 6780 0300 / 25 e-mail: dhanani. The half yearly consolidated account statement will be sent by e-mail to the Unit holders whose email address is available. shall be sent by mail/e-mail on or before 10th day of succeeding month. www. by way of press release / advertisement. unless a specific request is made to receive in physical form. Key Information Memorandum . the AMC/Fund will provide an account statement (reflecting transactions of the Fund) to the investors within 5 Business Days from the receipt of such request by mail/email. Girish Dhanani Grievances Mirae Asset Mutual Fund please contact 606.

amfiindia.com Half Yearly Unaudited Financial Results: Half yearly Unaudited Financial Results shall be hosted in the prescribed format on the website of the Mutual Fund on www.in within one month from the close of each half year i. Half Yearly Portfolio Disclosure: Full portfolio in the prescribed format shall be disclosed either by publishing it in one national English daily newspaper circulating in the whole of India and in a newspaper published in the language of the region where the Head Office of the Mutual Fund is situated or by sending it to the Unit Holders within one month from the end of each half-year. Additional Disclosures: a.amfiindia.co.miraeassetmf. A link for the half yearly Unaudited Financial Results shall also be provided on website of Association of Mutual Funds in India (AMFI) on www. Focus 31. (ii) in physical form to the Unit holders whose email address is not registered with the Fund and/or those Unit holders who have opted / requested for the same. 31st March each year).miraeassetmf.Mirae Asset Tax Saver Fund 10 . The physical copy of the scheme wise annual report or abridged summary thereof shall be made available to the investors at the registered office of the AMC. that is as on March 31 and September 30.in and Association of Mutual Funds in India (AMFI) on www. on March 31 and on September 30 and an advertisement in this regard shall be published in at least one English daily newspaper having nationwide circulation and in a newspaper having wide circulation published in the language of the region where the Head Office of the Mutual Fund is situated. Differentiation of existing equity schemes of Mirae Asset Mutual Fund: Scheme Asset Allocation Primary Differentiation No of Folios AUM as on Name Pattern Investment as on March March 31. The scheme wise annual report or an abridged summary thereof shall be sent by mail/e-mail not later than four months from the date of closure of the relevant accounting year (i.e.com Annual Financial Results: The Scheme wise annual report or an abridged summary thereof shall be sent: (i) by e-mail to the Unit holders whose e-mail address is available with the Fund. 2016 2016 (in crores) Key Information Memorandum .e. It is also displayed on the website of the Mutual Fund on www. A link of the scheme annual report or abridged summary thereof shall be displayed prominently on the website of the Fund and shall also be displayed on the website of Association of Mutual Funds in India (AMFI).co.

Mirae Asset Indian Equities and The Primary The investment 81925 1645. of corpus in investment market cap or securitized debt) . through investment predominantly opportunities. opportunities style in picking 0% to 35%.51 India Equity Related Investment strategy of the Opportunitie Securities* . equity related securities.Mirae Asset Tax Saver Fund 11 . Money scheme is to that the fund Fund market instruments generate long manager may (MAIOF) / debt securities term capital not have any Instruments appreciation by bias towards (Including upto capitalizing on particular 25% potential theme. Key Information Memorandum .65% Focus of the scheme is such s to 100%. sector. investing in equities.

Key Information Memorandum . units domiciled in or Equity Fund of ETFs having and/or units of investing in their area of other mutual equities and primary activity in fund schemes.11 China Asset China Sector Investment the scheme will Advantage Leader Equity Focus of the invest Fund Fund and/or units scheme is to predominantly (MACAF) of other mutual generate long. Domestic Mutual having their area Funds (Including of primary upto 25% Activity in China of corpus in and Hong Kong. schemes that domiciled Money market focus on in or exercising instruments and investing in a large portion debt equities and of their Instruments** equity related economic and/or units of securities of activity in debt/liquid companies China and schemes of domiciled in or Hong Kong. term capital Mirae Asset units of ETFs appreciation by China Sector investing in investing Leader Equity equities predominantly in Fund and/or and equity related units of Mirae units of other securities of Asset China mutual fund companies Sector Leader schemes.20%. The Scheme does not guarantee or assure any returns. The Scheme may 0% . exchange traded companies 80% . 1268 10. equity related China units of securities of and Hong Kong* . in units of fund schemes. also invest a certain portion of its corpus in debt and money market securities and/ or units of debt/liquid schemes of Domestic Mutual Funds.Mirae Asset Tax Saver Fund 12 . in order to meet liquidity requirements from time to time. securitized debt) .Mirae Asset Units of Mirae The Primary In MACAF.100%.

. portfolio are likely to 80%. Asia Pacific strategies and region.15%. objectives. and/ or in consumption led India and other mutual funds demand in India across the Asia having similar and across the Pacific region. . The attributes of the Scheme does not said underlying guarantee or fund as well as assure any equities and equity returns.10 Great Equity Related Investment the scheme will Consumer Securities of Focus of the invest Fund companies that are scheme is to predominantly (MAGCF) likely to benefit generate long in equity and either directly or term capital equity related indirectly from appreciation by securities of consumption led investing in a companies that demand . 4899 39. related securities of companies in asia pacific region which are expected to benefit from growing consumption activities. of companies benefit either Units of Mirae that are likely to directly or Asset Asia Great benefit either indirectly from Consumer Fund directly or consumption (the underlying indirectly from led demand in fund).35%.65% .0 .20% . Key Information Memorandum . Money market instruments (including CBLO) / debt securities Instruments and/or units of debt/liquid schemes of domestic Mutual Funds.Mirae Asset Indian Equities and The Primary In MAGCF.Mirae Asset Tax Saver Fund 13 .

Mirae Asset Tax Saver Fund 14 . while 100 companies by current income retaining some market from a combined of the upside capitalization at the portfolio of potential from time of investment equity & equity equities .65% .80%.04 Prudence Related objective of the positioned as a Fund Instruments.Mirae Asset Equity and Equity The investment This Scheme is 10864 192. The fund will invest at least 65% of its assets in companies which are amongst the top 100 companies by market capitalization (at NSE) at the time of investment.65% .35% asset allocation in the event of a change in view regarding an asset class. The Companies which instruments and Scheme are not amongst the debt and money provides the top 100 companies market Investment by market instruments. related exposure. within the Market Instruments mentioned – 20% . assure any allocations Debt & Money returns. Scheme is to lower risk (MAPF) 80% generate capital alternative to a (Companies which appreciation pure equities are amongst the top along with scheme.15%). The Manager capitalization at the Scheme does not flexibility to time of investment guarantee or shift – 0% . Key Information Memorandum .

No. (including capitalization of Moreover.0% . appreciation primarily Secs.* .100 MAEBF is securities Crores at the benchmarked Instruments** time of to CNX (Including upto investment. from a invest in equity Reverse Repo. lock-in period.80% Focus of the saving Scheme (MATS) .100% related securities capitalization Other Indian of companies and have Equities and Equity which are not market Related part of the top capitalization Securities.71 Emerging Equity Related Investment fund manager Bluechip Securities* Focus of the has a clear bias Fund (companies. generate long. diversified and equity . instruments. Fund Managers details: Sr.Mirae Asset Indian Equities and The Primary In MAEBF. Particulars Details Details i.100 Crores Money market capitalization at the time of instruments and have market investment. CBLO)/debt atleast Rs. the 86979 1320.0 – 20% portfolio of related predominantly securities.35% assure any returns. 100 stocks by of atleast 35% market Rs.Mirae Asset Tax Saver Fund 15 . G. The Midcap Index. guarantee or 0% . also equity and some portion of equity related the scheme instruments. Money Market term capital which Instruments.40 Tax Saver Related Investment a equity linked Fund Instruments* . Cash. 20% of corpus in Scheme does not securitized debt) .100 investing in part of the top Crores at the time Indian equities 100 stocks by of investment) – and equity market 65% . etc. Yadnesh Chavan Key Information Memorandum .100% scheme is to with a 3 years Debt Instruments. The corpus shall be Scheme does not invested in debt guarantee or securities and assure any money market returns. Neelesh Surana Mr. Name Mr. which scheme is to towards (MAEBF) are generate income investing in not part of the top and capital Indian equities 100 stocks by appreciation and equity market from related capitalization and a diversified securities of have market portfolio companies capitalization of predominantly which are not atleast Rs. Mirae Asset Equity and Equity The Primary The scheme is 8057 46. CBLO.

hence portfolio turnover turnover ratio ratio cannot be calculated. His last He is responsible for the managing assignment was with Aviva Life existing equity funds of Mirae Insurance Company India Ltd.in/downloads/portfolios Date: April 29.co.. For complete details of the portfolio refer: https://www. of Fixed Income funds. as well as. Prior to Mirae. Neelesh has over Fund.Mirae Asset Tax Saver Fund 16 . In his compliance & Management of capacity as Head of Equities. Yadnesh has over 9 years of experience Equities at Mirae Asset Global experience in Fixed Income Investments (India) Pvt. (since July 9. Ltd & Max New York Life ii. 2010) 6 months (since December 28. Qualification B. 3. v. the Scheme has portfolio not completed one year as on March 31. Age 45 years 29 years iii. New Delhi iv. as Senior Portfolio Manager responsible for managing domestic and international portfolios.E. Last 10 years’ Mr. handling similar iii. Mirae Asset Cash Management research and portfolio Fund management. He is responsible Neelesh spearheads the equity for the overall Fund management research and investment function. Neelesh Surana is Head of Mr. MBA MBA from Indian Institute of (Finance) Planning and Management. providing where he was assisting in research support for the global management of debt portfolios & mandate. (Mechanical). Mirae Asset Prudence Fund Neelesh was with ASK Investment 4. Mirae Asset Great Consumer Fund Following schemes are managed or co managed by him: An engineering graduate with 1. 2016. 2016 Key Information Memorandum . which the 2015) fund manager has been managing the scheme vi.miraeassetmf. Mirae Asset India Lombard General Insurance Co Opportunities Fund. Portfolio regulatory joined Mirae Asset in 2008. He Dealing. Mirae Asset Tax Saver Fund Managers Ltd. 18 years of experience in equity 2. Following others portfolio risk management. Prior to Schemes of the Fund are managed that. Mirae Asset Tax Saver Fund responsibilities. Tenure for 5 years. Mirae Asset Ultra Short Term MBA in Finance. ii. he was also associated with or co-managed by him: Investment team of ICICI i. iv. 2015. Asset (India). Mirae Asset Prudence Fund Insurance Ltd. Debt Portfolios. Ltd. Scheme’s As the Inception date of the Scheme is July 29.

Refer Instruction No. / M/s. Declaration for “Execution Only” Transaction (where Employee Unique Identication Number-EUIN* box is left blank). Type Pls. APPLICANT(S) NAME AND INFORMATION [Refer Instruction 2] If the 1st / Sole Applicant is Minor. / Ms. A/c.MF Schemes (Please specify) Others ____________________ Private Sector Public Sector Government Service Student Professional Housewife a*. Pls indicate if US Person or a resident PAN Details KYC Pls  Proof Attached for tax purpose / Resident of Canada Yes No$ ($Default if not ) GUARDIAN (In case 1st Applicant is a Minor) Relationship with Minor (Please ) Mr.NRO HUF LLP Listed Company Private Company Public Ltd. FIRST APPLICANT AND KYC DETAILS 1st SOLE APPLICANT Individual or Non-Individual [Please ll Ultimate Benecial Ownership (UBO) Declaration Form in section 11a & 11b . Net-worth (Mandatory for Non-Individuals) `_______________________________________________ as on D D M M Y Y Y Y (Not older than 1 year) e*. Mother Father Legal Guardian POA Details: Name PAN Details KYC Pls  Proof Attached Mode of Holding: Anyone or Survivor Single Joint (Please note that the Default option is Anyone or Survivor) Contact Person for Corporate Investor: Name Designation: 09-2016 3.NRE Trust Bank / Fls FIIs PIO Society/AOP/BOI Minor thru Guardian NRI . 3 & 4] Name of the Bank: Core Banking A/c No. Please refer instruction 12 of KIM for complete details on EUIN.Refer Instruction No. Politically Exposed Person (PEP) Status (Also applicable for authorised signatories/Promoters/Karta/Trustee/Whole time Directors) I am PEP I am Related to PEP Not Applicable d*. Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on the investor’s assessment of various factors including the services rendered by the ARN Holder. provided by the employee/relationship manager/sales person of the distributor/sub broker. EXISTING UNIT HOLDER INFORMATION [Please ll in your Folio Number. to help you complete the Application Form Correctly. has been intentionally left blank by me/us as this transaction is executed without any interaction or advice by the employee/relationship manager/sales person of the above distributor/sub broker or notwithstanding the advice of in-appropriateness. 1. then please provide details of natural / legal guardian 1st SOLE APPLICANT Mr. Gross Annual Income (`) [Please tick ()] Below 1 Lakh 1-5 Lakh 5-10 Lakh 10-25 Lakh >25 Lakh > 1 Crore c*. COMMON APPLICATION FORM Application No.Investment Details] Folio No. 11) I AM A FIRST TIME INVESTOR IN MUTUAL FUNDS OR I AM AN EXISTING INVESTOR IN MUTUAL FUNDS Applicable transaction charges will be deducted in case your distributor has opted for such charges. 2. 17] *Date of Birth Incorporation Proof of Date of Birth (Please ) Birth Certicate School Leaving Certicate / Mark Sheet D D M M Y Y Y Y (Individual) (Non-individual) (For minor applicant) (Please specify) Passport of the Minor Others Place of Birth / Country of Birth / Nationality: Gender Male Female Other Incorporation: Incorporation: Type: Resident Individual Sole Prop NRI . Occupation Details [Please tick ()] Business Retired Agriculture Proprietorship (Please specify) Others___________________ b*. Name. / M/s. () NRE CURRENT SAVINGS NRO Branch Name: Address: Bank Branch City: State: Pin Code Please attach a cancelled cheque IFSC Code (Mandatory for MICR Code OR a clear photo copy of a cheque Credit via NEFT/RTGS) * mandatory elds . Section 2 & proceed to Section 7 . Non-Individual Investors involved/providing Foreign Exchange / Money Changer Services Gaming/Gambling/Lottery/Casino Services any of the mentioned services Money Lending / Pawning None of the above 4.: Name & Broker Code / Sub Broker / Sub Agent Code ISC Date Time Stamp ARN / RIA Code Agent ARN Code EUIN* Reference No. / Ms. I/We hereby conrm that the EUIN box Please Read All Instructions as given in KIM. BANK ACCOUNT DETAILS . Company Articial Juridicial Person Partnership Firm FOF . Signature of 1st Applicant / Guardian / Signature of 2nd Applicant / Guardian / Signature of 3rd Applicant / Guardian / Authorised Signatory /PoA/Karta Authorised Signatory /PoA Authorised Signatory /PoA Please  Lumpsum Investment Micro Application SIP Application TRANSACTION CHARGES (Please  any one of the below. if any.Mandatory [Refer Instruction Nos.

Box No. 9] PLEASE REGISTER MY/OUR NOMINEE AS PER BELOW DETAILS OR I/WE DO NOT WISH TO NOMINATE Date of Birth Name of the Guardian No. INVESTMENT AND PAYMENT DETAILS ( For complete information on Investment Details please refer to Instructions No. Off. JOINT APPLICANTS. Net-worth `_______________________________________________ as on D D M M Y Y Y Y (Not older than 1 year) 6a. 6. Enclosures .Please ensure that the sequence of names as mentioned under section 3 matches as per the Depository Details. / M/s. Occupation Details [Please tick ()] Business Retired Agriculture Proprietorship (Please specify) Others___________________ b*. MAILING ADDRESS [Please provide your E-mail ID and Mobile Number to help us serve you better] Local Address of 1st Applicant City State Pin Code Tel. & Date RTGS / NEFT in gures (Rs. O. may not be sufcient. (Not Applicable in case of Minor Applicant) Pls indicate if US Person or a resident PAN Details KYC Pls  Proof Attached for tax purpose / Resident of Canada Yes No* (*Default if not ) Date of Birth (Mandatory) D D M M Y Y Y Y Place of Birth Country of Birth Nationality: Gender Male Female Other Private Sector Public Sector Government Service Student Professional Housewife a*. / Ms. Statement of Accounts and Abridged Annual Report through e-mail only. NOMINATION DETAILS [Minor / HUF / POA Holder / Non Individuals cannot Nominate . 8.) if any Amount Branch (For Cheque Only) *Dividend frequency is applicable only for Mirae Asset Cash Management Fund & Mirae Asset Ultra Short Term Bond Fund. 16 Digit A/C No.Please () Client Masters List (CML) Transaction cum Holding Statement Delivery Instruction Slip (DIS) 9. National Securities Depository Limited (NSDL) Central Depository Services (India) Limited (CDSL) DP Name DP Name DP ID I N Benef.Mandatory for units in Demat Mode . Gross Annual Income (`) [Please tick ()] Below 1 Lakh 1-5 Lakh 5-10 Lakh 10-25 Lakh >25 Lakh > 1 Crore c*. Net-worth `_______________________________________________ as on D D M M Y Y Y Y (Not older than 1 year) 3rd APPLICANT Mr. Politically Exposed Person (PEP) Status I am PEP I am Related to PEP Not Applicable d. ) Scheme Regular Plan Dividend* Div frequency* Direct Plan Growth (Default) Payout Reinvestment Payment Type [Please ()] Self (Non-Third Party Payment) Third Party Payment (Please attach ‘Third Party Payment Declaration Form’) Amount of Cheque / DD / DD Charges. Investors providing email ID would mandatorily receive all Communications. Net Purchase Drawn on Bank / Pay-In Bank A/c No. Gross Annual Income (`) [Please tick ()] Below 1 Lakh 1-5 Lakh 5-10 Lakh 10-25 Lakh >25 Lakh > 1 Crore c*. / M/s. Occupation Details [Please tick ()] Business Retired Agriculture Proprietorship (Please specify) Others___________________ b*. 5. 6b.Mail^^ ^^Please Use Block Letters. Nominee(s) Name Relationship % of Share Signature of Nominee / Guardian (in case of Minor) (in case of Minor) 1 D D M M Y Y Y Y 2 D D M M Y Y Y Y 3 D D M M Y Y Y Y * mandatory elds . DEMAT ACCOUNT DETAILS . / Ms. A/C No.Refer Instruction No. Mandatory for NRI / Fll Applicant [Please provide Full Address. (Not Applicable in case of Minor Applicant) Pls indicate if US Person or a resident PAN Details KYC Pls  Proof Attached for tax purpose / Resident of Canada Yes No* (*Default if not ) Date of Birth (Mandatory) D D M M Y Y Y Y Place of Birth Country of Birth Nationality: Gender Male Female Other Private Sector Public Sector Government Service Student Professional Housewife a*. Mobile E . Politically Exposed Person (PEP) Status I am PEP I am Related to PEP Not Applicable d. Cheque / DD / UTR No. IF ANY AND THEIR KYC DETAILS 2nd APPLICANT Mr. P. Resi. For Overseas Investors. Indian Address is preferred] Overseas Correspondence Address 7.

11a. please specify any one stock exchange on which the stock is regularly traded) (that is.) ____________________________________ Cheque / DD No. Aadhar. if subsequently it is found that applicant has concealed the facts of benecial ownership. (Please attach additional sheets if necessary). Please list below the details of controlling person(s). Passport. 16) PAN / Any other Identication Number (PAN. please specify name of the listed company and one stock exchange on which the stock is regularly traded) traded company (a company whose shares are regularly traded on an established securities market) Name of listed company: The detail of this page should be lled by Non-Individual investors only. Govt. Also provide below mandatory details if the UBO does not have a PAN. No. I/We also undertake to keep you informed in writing about any changes/modication to the above information in future and also undertake to provide any other additional information as may be required at your end. / M/s. ID. PAN: Occupation Type: Date Of Birth: City of Birth: Nationality: Gender Male Female Other Country of Birth: Father's Name: 2. with no declaration to submit. In case the above information is not provided. FOR NON-INDIVIDUALS ONLY 10. 11b. a company whose shares are regularly traded on an established securities market) Name of stock exchange: 2 Is the Entity a related entity of a publicly Yes (If yes.: ________________________________ Dated _________________________________________ Bank & Branch __________________________________ Cheque / DD is subject to realisation . Others) Nationality: Gender: Male.Country of Birth Father's Name: Mandatory if PAN is not available 1.) Nature of Business: For details refer instruction No. (Refer Instruction No. # If passive NFE. Others DOB: Date of Birth Election ID. * To include US. 16. please provide below additional details. Occupation Type: Service. Nature of relation Subsidiary of the Listed Company or Controlled by a Listed Company Name of stock exchange: 3 Is the Entity an active NFE Yes (If yes./ Refer instruction Residency/ citizenship (Mandatory) [please attach interest % Equivalent ID No. please provide your sponsor's GIIN above and indicate your sponsor's name below or Direct reporting NFE Name of sponsoring entity: [Please tick ()] GIIN not available [Please tick ()] Applied for Not required to apply for . GIIN Financial institution Note: If you do not have a GIIN but you are sponsored by another entity. PAN: Occupation Type: Date Of Birth: City of Birth: Nationality: Gender Male Female Other Country of Birth: Father's Name: 3. 16(d) permanent the KYC residency* acknowledgement copy] $$ Address Type: Residential or Business (default)/Residential/Business/Registered Ofce. PAN: Occupation Type: Date Of Birth: City of Birth: Nationality: Gender Male Female Other Country of Birth: Father's Name: # Additional details to be lled by controlling persons with tax residency / permanent residency / citizenship / Green Card in any country other than India. Business. Attached documents should be self certied by the UBO and certied by the applicant or Authorised signatory. Female. conrming ALL countries of tax residency / permanent residency / citizenship and ALL Tax Identication Numbers for EACH controlling person(s).please specify 2 digits sub-category Not obtained – Non-participating FI PART B (please ll any one as appropriate “to be lled by NFEs other than Direct Reporting NFEs”) 1 Is the Entity a publicly traded company Yes (If yes. please ll UBO declaration in the next section. it will be presumed that applicant is the UBO. FATCA & CRS DETAILS (Please consult your professional tax advisor for further guidance on FATCA & CRS classication) PART A To be lled by Financial Institutions or Direct Reporting Non Finacial Entity (NFEs) We are a. Driving Licence NREGA Job Card. where controlling person is a US citizen or green card holder %In case Tax Identication Number is not available. kindly provide functional equivalent For Lumpsum ‘OR’ SIP ACKNOWLEDGMENT SLIP Received Application from Mr. _____________________________________________________________________________ as per details below: Scheme Name and Plan Payment Details Date & Stamp of Collection Centre / ISC Amount (Rs. please attach multiple declaration forms) Name of UBO & Address Address Type$$ PAN/Tax Payer Document Type Country of tax Country of UBO Code KYC (Yes / NO) % of benecial Identication No. DECLARATION FOR ULTIMATE BENEFICIAL OWNERSHIP [UBO] (Refer instruction No. / Ms. MAMF/AMC reserves the right to reject the application or reverse the allotment of units.) Nature of Business: Please specify the sub-category of Active NFE Mention code: Refer instruction 16(c) 4 Is the Entity a passive NFE Yes (If yes. In such case. please ll UBO declaration in the next section. DETAILS OF ULTIMATE BENEFICIAL OWNERS [Mandatory] (If the given space below is not adequate. 17)* *This declaration is not needed for Companies that are listed on any recognized stock exchange or is a Subsidiary of such Listed Company or is Controlled by such Listed Company. Owner-documented FFI's should provide FFI Owner Reporting Statement and Auditor's Letter with required details as mentioned in Form W8 BEN E. Other City of Birth .

I/We have read. Trustee. if subsequently it is found that applicant has concealed the facts of benecial ownership. FOR NON-INDIVIDUALS: Is the “Entity” a tax resident of any country other than India? Yes No (If Yes. Signature of 1st Applicant / Guardian / Signature of 2nd Applicant / Guardian / Signature of 3rd Applicant / Guardian / Authorised Signatory /PoA/Karta Authorised Signatory /PoA Authorised Signatory /PoA Application No. but you are not a specied US person then please mention exemption code____________(Refer instruction 16(e)) Individual or Non-Individual investors ll this section Individual investor have to ll in below details in case of joint applicants if ticked Yes above. if you country of incorporation / Tax resistance in US. For non-Individual investor in case.: Status: 2 No.: Type: Type: Type: Country: Country: Country: Tax Residency Tax Residency Tax Residency Status: 3 No. (H) RIA:. Country: Country: Country: Tax Residency Tax Residency Tax Residency Status: 1 No. (I) Applicable to Foreign Resident's Residing in India:. with no declaration to submit. (C) Signature of the nominee acknowledging receipts of my/our credit will constitute full discharge of liabilities of Mirae Asset Mutual Fund. Anti Money Laundering Laws or any other applicable laws enacted by the Government of India from time to time. please provide country/ies in which the entity is a resident for tax purpose and the associated Tax Identication No. AMC. (F) I/We hereby conrm that I/We have not been offered/ communicated any indicative portfolio and/ or any indicative yield by the Fund/AMC/its distributor for this investment.: Status: 1 No. I/We hereby conrm that the AMC/Fund shall have the right to share my information and other details with the regulatory and government authorities as and when needed. I/We further declare that I/We am/are "Person Resident in India" and are allowed to invest into the Scheme as per the said FEMA regulations and other applicable laws and regulations.: Status: 3 No. payable to him for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us. the POA holder should ll separate form to provide the above details mandatorily. I/We hereby apply for units of the scheme(s) and agree to abide by the terms. In case of change to this status. person? Please provide Tax Payer Id. it will be presumed that applicant is the ultimate benecial owner.: Cheque/DD should be Drawn in favour of the Scheme Name Mirae Asset India Opportunities Fund Mirae Asset Emerging Bluechip Fund Mirae Asset Great Consumer Fund Mirae Asset Prudence Fund Mirae Asset Tax Saver Fund Mirae Asset Cash Management Fund Mirae Asset Ultra Short Term Bond Fund Mirae Asset China Advantage Fund Mutual Fund investments are subject to market risks. and complete. validity and authorization of my/our transactions. . in which event the AMC reserves the right to redeem my / our investments in the Scheme(s). understood and shall be bound by the terms & conditions of the PIN agreement available on the AMC website for transacting online. read all scheme related documents carefully. if any transactions are carried out using the RIA code. Mirae Asset Mutual Fund (The Fund) – (A) Having read and understood the contents of the SID of the Scheme(s).: Status: 3 No. RTA and other intermediaries in case of any dispute regarding the eligibility.I/We hereby permit the AMC to share my/our current & historic transaction details to the Registered Investment Advisor (RIA). I/We will indemnify the Fund. directly or indirectly in making this investment. (E) I/We further declare that "The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode). (J) I / We conrm that I am / We are not United States person(s) under the laws of United States or resident(s) of Canada.I/ We conrm that I/We satisfy the Residency test as prescribed under FEMA provisions. 12. FATCA AND CRS DETAILS (Self Certication) (Refer instruction No. I/We also undertake to keep you informed in writing about any changes/modication to the above information in future & also undertake to provide any other additional information as may be required at your end. the concerned SEBI registered intermediary reserves the right to reject the application or reverse the allotment of units. 16) (FOR INDIVIDUALS & NON-INDIVIDUALS) FOR INDIVIDUALS: Please indicate all countries in which you are resident for tax purposes and the associated Tax Reference Numbers below. 13. In such case. I / We also conrm that I / We have read and understood the FATCA& CRS Terms and Conditions and hereby accept the same. (K) FATCA /CRS Certication: I / We have understood the information requirements of this Form (read along with the FATCA & CRS Instructions) and hereby conrm that the information provided by me / us on this Form is true. below) 1st Applicant (Sole / Guardian / Non-Individual) 2nd Applicant 3rd Applicant Do you have any non-Indian Do you have any non-Indian Do you have any non-Indian Country(ies) of Birth / Country(ies) of Birth / Country(ies) of Birth / Citizenship / Nationality Yes No Citizenship / Nationality Yes No Citizenship / Nationality Yes No and Tax Residency and Tax Residency and Tax Residency Country of Birth / Country of Birth Country of Birth Incorporation Country Citizenship / Country Citizenship / Country Citizenship / Nationality Nationality Nationality Are you a US specied Yes No Are you a US specied Yes No Are you a US specied Yes No person? Please provide Tax Payer Id. (G) Applicable to Investors availing the online facility:. conditions. rules and regulations governing the scheme.: Type: Type: Type: Country: Country: Country: Tax Residency Tax Residency Tax Residency Status: 2 No. I / We shall notify the AMC.: Type: Type: Type: Address Type Address Type Address Type (Address Type: Residential or Business (default) / Residential / Business / Registered Ofce) (For address mentioned in form / existing address appearing in folio) In case of applications with POA. correct. DECLARATION AND SIGNATURES / THUMB IMPRESSION OF APPLICANT(s) [Refer Instructions 2(e)] To The Trustees. I/We have not received nor have been induced by any rebate or gifts. person? Please provide Tax Payer Id. (B) I/We hereby declare that the amount invested in the scheme(s) is through legitimate sources only and does not involve and is not designed for the purpose of the contravention of any provisions of the Income Tax Act. (D) The information given in / with this application form is true and correct and further agrees to furnish additional information sought by Mirae Asset Global Investments (India) Limited (AMC)/ Fund and undertake to update the information/details with the AMC / Fund/Registrars and Transfer Agent (RTA) from time to time.: Status: 2 No. (H) RIA: I/We hereby agree to consent the AMC to share my transaction details to the registered investment advisor (RIA) through the registrar or otherwise.: Status: 1 No. In case the above information is not provided.

Please provide copy of cancelled cheque and mention relevant SIP details in the form and NACH mandate.only) Top-up Start Date M M Y Y Y Y Frequency Please  Half Yearly Yearly (Default) Top-up End Date M M Y Y Y Y For Existing Investors: Original SIP details . Type NRE CURRENT SAVINGS NRO 09-2016 4. I/We also undertake to keep sufcient funds in my bank account on the date of execution of the said standing instructions. I am authorizing the User entity/Corporate to debit my account. EXISTING UNIT HOLDER INFORMATION (The details in our records under the folio number mentioned will apply for this application. Holder as in Bank Records Bank Name Core Banking A/c. their appointed service providers or representatives responsible. From D D M M Y Y Y Y To D D M M Y Y Y Y 21 Signature of the account holder Signature of the account holder Signature of the account holder Or Until cancelled Name of the account holder Name of the account holder Name of the account holder 22 This is to conrm that declaration has been carefully read. Investment manager to Mirae Asset Mutual Fund acting through their authorised service providers to debit my/our following Bank A/c. Declaration for “Execution Only” Transaction (where Employee Unique Identication Number-EUIN* box is left blank). hereby authorize5 Mirae Asset Global Investments (India) Pvt. (`) SIP Start Date: M M Y Y Y Y OR Enter SIP End Date: M M Y Y Y Y End Date : Perpetual Dec 2099 (Till you instruct Mirae Asset Mutual Fund to discontinue your SIP) 2a. understood & made by me/us.000 Any other Amount.: Name & Broker Code / Sub Broker / Sub Agent Code ISC Date Time Stamp ARN / RIA Code Agent ARN Code EUIN* Reference No. SIP ENROLMENT DETAILS (Please check the Minimum Amount Criteria for the scheme applied for. payable to him for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us". Please refer instruction 12 of KIM for complete details on EUIN.For New Investors . I/We would not hold Mirae Asset Global Investments (India) Pvt. Drawn on Bank Cheque Date A/c.. . I have understood that I am authorized to cancel/amend this mandate by appropriately communicating the cancellation/amendment request to the User entity/corporate or the bank where I have authorized debit. based on the instructions as agreed and signed by me. SIP amount & tenure. Ltd.000 in a rolling 12 month period or in a nancial year". Signature of 1st Applicant/Guardian/Authorised Signatory/PoA/Karta Signature of 2nd Applicant/Guardian /Authorised Signatory/PoA Signature of 3rd Applicant/Guardian/Authorised Signatory/PoA (AS IN BANK RECORDS) (AS IN BANK RECORDS) (AS IN BANK RECORDS) Tick()7 UMRN 1 For ofce use only Date 2 D D M M Y Y Y Y NACH MANDATE INSTRUCTION FORM (Refer Instruction over leaf before (Filling) Create  Sponsor Bank Code 3 For ofce use only Utility Code 4 For ofce use only Modify I/We.. st th th st th SIP Date Please  01 10 (Default) 15 21 28 SIP Amount (`) 5. SIP Amount (`).000 25.) Folio No. Scheme - 3. Cheque leaf enclosed First SIP Cheque No. [Refer Instruction 18 Overleaf]). Ltd. Top-up Amount (`) (minimum ` 500/. I/We hereby conrm that the EUIN box has been intentionally left blank by me/us as this transaction is executed without any interaction or advice by the employee/relationship manager/sales person of the above distributor/sub broker or notwithstanding the advice of in-appropriateness. st nd rd Signature of 1 Applicant / Guardian / Authorised Signatory / PoA / Karta Signature of 2 Applicant / Guardian / Authorised Signatory / PoA Signature of 3 Applicant / Guardian / Authorised Signatory / PoA Please  Enrollment for New Registration (Please ll all sections) OR Change my/our bank account for existing SIP(s) OR SIP Top-up Facility 1. SIP TOP-UP FACILITY (You can start SIP Top-up facility after minimum 6 months from 1st SIP) Refer Instruction No. Branch Name & Address City 9 Digit MICR Code Bank Account Type  NRE CURRENT SAVINGS NRO DECLARATION & SIGNATURE: To The Trustees. Frequency Please  Monthly (Default) Quarterly Regular Plan Direct Plan Growth (Default) Dividend Payout Dividend Reinvestment Scheme Div frequency* *Dividend frequency is applicable only for Mirae Asset Cash Management Fund & Mirae Asset Ultra Short Term Bond Fund. SIP PAYMENT DETAILS 3a . SYSTEMATIC INVESTMENT PLAN (SIP) WITH TOP-UP FACILITY Registration Cum Mandate Form For NACH/Direct Debit Application No.I/We wish to register my/our SIP on the basis of Cancelled Cheque leaf or Photocopy of the Cheque submitted  Please 3b . No. Ltd. "The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode).Only for Existing Investors .SIP Date . by NACH/ECS (Auto Debit Clearing / Direct Debit) Facility or any other facility for collection of SIP payments.and in multiples of ` 1/. Name of 1st Unit Holder 2.I/We have read and understood the contents of the SID of the applied Scheme and the terms & conditions of SIP enrolment and registration through NACH/ECS or Direct Debit (Auto Debit). I/We also agree that if the transaction is delayed or not effected for reasons of incomplete or incorrect or any other operational reasons.000 10. Mirae Asset Mutual Fund . Name of 1st A/c. 23 on the reverse on SIP Top-up All Applicants have to submit NACH mandate and will need to ll the maximum amount in line with Top Up amount. if any. "I/We have not made any other Micro application [including Lumpsum + SIPs] which together with the current application would result in aggregate investments exceeding Rs. 50. provided by the employee/relationship manager/sales person of the distributor/sub broker. BANK ACCOUNT DETAILS (Mandatory) I/We hereby authorise Mirae Asset Global Investments (India) Pvt. To Debit (Tick )6 SB / CA / CC / SB-NRE / SB-NRO / Other Cancel 8 Bank A/c Number With Bank9 Name of Customers Bank IFSC10 or MICR11 An Amount of Rupees12 In Words Amount in Figures13 ` Frequency14 Mthly Qtly H-Yrly Yrly As & when presented Debit Type15 Fixed Amount Maximum Amount 16 18 Reference 1 Folio No Mobile Reference 217 Scheme Name Email ID19 I agree for the debit of mandate processing charges by the bank whom I am authorizing to debit my accounts as per latest schedule Period20 of charges of the bank.

50. Rs. The exemption is applicable to joint holders also. Requests for any changes/cancellation in the NACH Bank Mandate request should be submitted at least 15 Business registered up till 2099 & the end date of the Top-up facility is not mentioned. • SIP date: 1st of every month (36 installments) • Top-Up Frequency: Every 6 months 16. Amount in words. In case of Dividend. Name of the account holder. HUFs and other categories will not be of the NACH mandate. Mirae Asset Mutual Fund reserves the right to reject any application without assigning any reason thereof. 21. Investors may submit any one of to various reasons or for any bank charges debited by its banker in its designated account towards NACH the Photo Identication documents (please refer paragraph titled PAN under the General instructions) along with KYC form Registration/Cancellation/Rejections.To be left blank. Key Information Memorandum and Addenda issued available at any of the mandate failing which registration may not be accepted. Investor/Unitholder(s) should submit original Cancelled Cheque (or a copy) along with mandate form with name and 21. Create . days in advance. Your Bank branch MICR code . • Fixed SIP Installment amount: ` 5. the EUIN box may be left blank. Hence. which upon conrmation may be presented anytime to its bank for stipulated SIP debits. terms and conditions for 9. on account of payment through NACH.Reference .000/- prevailing on the date of each investment. Sponsor Bank IFSC / MICR code. investors should. Instalment is processed (as the cheque may be banked). if the SIP is 11.SIP Top-up: 'SIP Top-Up' is a facility which will enable investors to increase the amount of SIP installments at pre-dened frequency by a xed amount during the tenure of SIP. particularly in advisory transactions. Mirae Asset Mutual Fund / Mirae Asset Trustee Co. Pvt. Where the relationship manager of the distributor/sub broker with respect to the transaction.000 1. the rst SIP non-debited transactions. This right also includes the • SIP Top-Up facility can be availed at half yearly and yearly intervals. 15th. Existing investors who have enrolled for 12. Based on above details. The facility will be automatically terminated upon receipt of intimation of death of the Unitholder. bank for any reasons. you are required to tick mark the box provided above the effected on the next Business Day.co.000* Schemes Monthly Frequency Quarterly Frequency *(At-least amount to be lled ` 500 . • Top-Up facility would be available to all existing and new SIP enrolments. If the end date of the Top-up facility is not mentioned the Top-up facility will be continued up till the tenure of the SIP. account number pre-printed of the bank account to be registered or bank account verication letter for registration of refer to the Scheme Information Document(s). for any transaction investments will be accepted subject to PAN exemption in KYC process. In case any payment instruction for SIP installment is dishonored by the Bankers for three consecutive times for the An Illustration: The Top-Up facility will work as follows: reason Account Closed or Insufcient Balance.000/. (Maximum length . if your distributor has not given you any advice pertaining to the 28th of each month/rst month of the quarter. in case of any exceptional cases where there is no interaction by the employee/sales person / 4. For example. Start date c. Date in DD/MM/YYYY format 13. As per the recent guidelines. Employee Unique Identication Number (EUIN): SEBI has made it compulsory for every employee / relationship investors in such Banks will be discontinued.in subject to third party verication. Each SIP installment will be treated as a fresh transaction and shall be subject to applicable exit load structure • SIP Period: 01-April-2016 till 31-March-2019 (3 years) • Top-Up Amount: Rs. which is due to technical reasons or due to delay in registration investments by individuals (not NRI & PIOs). Tenure will be considered • In case the investor does not specify Top-Up amount. Ltd. Separate forms 1. The Unitholder(s) cheque/bank account details are the InvestorService Centers or distributors or from the website www. This exemption will be applicable ONLY to failures due to rejection by the investor's bank/branch.General Guidelines This mandate registration form will be submitted through National Automated Clearing House (NACH).miraeassetmf.For New Mandate 20. along with fresh bank account credentials.000/. Further. 2. • SIP Top-up facility can be started after minimum 6 months from the date of 1st SIP. 21st and is correctly lled up in the Application Form. 16. Accordingly Third Party payment instruments for subscriptions / investments shall not be accepted by the AMC except in the following cases: Installment SIP Installment Top-Up amount Monthly SIP Installment amount i) Payment by Parents / Grand-Parents / related persons on behalf of a minor in consideration of natural love and No(s). per investor.000 8. Numeric Characters). 15.000 deductions. Your phone number. Name of your bank and branch. Minors and Sole proprietary rms.1st. account by the destination bank.4 Installments - All Other Schemes Multiples of ` 1 thereafter Multiples of ` 1 thereafter Please note Default Option is Growth. 18. Investors are required to ensure adequate funds in their bank account on the date designated SIP date. Further. would assist in addressing any instance of misspelling even if the employee / relationship manager/sales person later leaves the employment of the distributor. where aggregate of investments/instalments in a rolling 12 months period. In case under MICRO SIP.1: Any details requested by the entity to whom the mandate is being given 5.npci. then the Top-up will continue till 2099. Utility Code: Unique code of the entity to whom mandate is being given . default option is Dividend Reinvestment. Investments made through Auto Debit mode are subject to realization of funds from investor bank accounts and the SIP are also eligible to avail Top-Up facility and will be required to submit 'Systematic Investment Plan (SIP) with NAV guidelines will be applicable for the transactions which are connected with realization of funds. However. a. Please refer the “Minimum Application/Number of units” mentioned in the KIM under the section “Applicable to all schemes” for minimum subscription amount and frequency. Your Bank branch IFSC code OR 22. c. 3. 6. No refund to be made for the units already allotted. if your investments are routed through a distributor please ensure that the EUIN 3. the Applicant also conrms that it will not hold Mirae Asset Mutual Fund and/or its service providers registration will cease for future instalments. Period for which the debit mandate is valid b. 11. Micro 7. In case the Top-Up frequency is not specied.2: Any details requested by the entity to whom the mandate is being given. The Applicant is aware and assumes the entire risk of using the Auto Debit facility of NACH and takes full responsibility for the same. details provided on the mandate may be updated in the folio. 7.6 Installments . Mirae Asset Mutual Fund shall not be responsible and liable for any ARN holder (AMFI Registered Distributor).For Changes / Amendment on existing Mandate a.org.000 6.000 1.000/. Unitholders can opt to invest SIP on monthly or quarterly frequency on the following dates .000 1. per mutual Mutual Fund (MAMF) through its service provider will endeavor to debit the investor bank account on or after the said fund shall be exempted from the requirement of PAN subject to other operational guidelines. 12. 2. Applicant acknowledges that Mirae Asset Mutual Fund will not be liable in any manner whatsoever.000 per year. 10th. 4. Frequency at which the debit should happen. EUIN. 1/. damage etc. Modify . In this case. Tick . Signatures of the account holder as per holding pattern in bank records. 10. Cancel .000 ii) Payment by employer on behalf of employee under Systematic Investment Plan (SIP) facility through payroll 7 to 12 5. All future communication whatsoever would be. Top-up Facility' at least 25-30 calendar days prior to the Top-Up start month.in/ will be required to be submitted to avail of SIP in separate schemes / plans / date. 14. Instructions to ll Mandate: 1. and proof of address (self-attested). In case the day specied is a Non-Business Day.000 9. Your Bank Account Number for debiting the amount. EUIN in the Application Form. Lumpsum and SIP investments in mutual funds up to Rs. Mirae Asset Mutual Fund reserves the right to reverse allotments in case the debit is not paid by the bank for any submitted. Any request will be processed accordingly.6 Installments . Frequency. 10.To be provided by the entity. SIP Installments shall be as follows: Mirae Asset Mutual Fund has decided to restrict the acceptance of Third Party payments.000 NA 5. However. before investment. (in `) (A) (in `) (B) after Top-up (in `) (A+B) affection or as gift for a value not exceeding Rs.000 For complete details. Terms & Conditions .Select your appropriate Action 19. may be sent to the updated mobile number and email id.000 17. A single form cannot be used for The Banks in the list may be modied/updated/changed/removed at any time in future entirely at the discretion of different schemes simultaneously. if any debited from investor's bank thereafter. change in any credential of bank particulars or transaction modication.50. the Micro SIP Further. Mirae Asset Mutual Fund/Sponsor Bank/NPCI are not liable for the bank charges. The transactions are liable to rejection incase Investor has Multiple Auto Debit Mandate at folio level. Whether the amount is xed or variable. Standing instructions for 19. the transaction will be investment.4 Installments . Your email-id. No separate address proof is required if Photo ID with address mentioned on it is 8.000 1. incurred by the investor. left padded with zeroes where necessary.The features. 13 to 18 6. Please take note of the Minimum Amount Criteria as 25 to 30 8. does not exceed Rs. 17. signature box. Mirae Asset As per SEBI guidelines. reserves availing the 'Top-Up' facility shall be as follows: the right to discontinue or modify this facility at any time in future on a prospective basis. please refer the section on Third Party cheques given in the General Instructions. ` 500 . Example: MAMF reserves the right to reject all such transactions through old registrations.thereafter for all the schemes of the Fund that offer SIP. End date 8.000 under: 31 to 36 9.& in multiples of Re. on NACH Mandate) Mirae Asset Tax Saver Fund Multiples of ` 500 thereafter Multiples of ` 500 thereafter ` 1000 . The photo identication documents have to be current and valid and also to be either self-attested or attested by reason whatsoever.For cancelling the existing registered Mandate b. 20.per investor will be treated as Micro investments for the above purpose. through Systematic Investment Plans (SIPs) by investors. 500/. the declaration separately signed by the investor. the AMC reserves the right to discontinue the SIP enrollment.000 10. will be treated as fresh Instructions. iii) Custodian on behalf of an FII or a Client. 500/. Investor/Unitholder(s) should preferably provide their mobile number and email id on the mandate form. Kindly note that any change in original SIP enrolment details such as SIP Date. UMRN . This facility is offered to investors having Bank accounts in select banks mentioned in the link http://www.. 13. National Payments Corporation of India (NPCI) without assigning any reasons or prior notice. Amount in gures. Ltd.SB / CA / CE / SB-NRE / SB-NRO / OTI ICR 18.000 7. Additional for MICRO Systematic Investment Plans (MICRO SIPs) 6. Or until cancelled 9. ` 1500 .will be considered as the Top-Up amount and the as fresh application and will be subject to applicable load structure and other terms at the time of application. 1. damages/compensation for any loss. Please submit the NACH mandate registration form not less than 25 business days before the rst installment date. Name of the entity to whom the mandate is being given. 22. lumpsum or date. 19 to 24 7.Reference .11 Alpha 14. 15. However redemptions will responsible if the transaction is delayed or not effected by its Bank or if debited in advance or after the specic date due be allowed based on the submission of normal prescribed Redemption Transaction Slip. Individual ARN holders including senior citizens distributing mutual fund products are also required to obtain and quote Applicant acknowledges that incomplete forms in any respect will not be processed and shall be rejected. AMCs shall take the requisite mobile number and email id mentioned on the mandate form differs from the ones as already existing in the folio. 1 to 6 5. fresh Details of SIP registered Details of Top-up opted for registrations will be required for all Minor Investors who have turned Major. Third Party Cheque / Funds Transfer: The payment towards investment can happen only from the bank account of 1st holder and therefore the 1st holder needs to be one of the holder in the bank account. risk factors etc. Account type . Applicant is aware that he/she has to sufciently keep its bank account funded for such eligible for Micro Investments.000 1. All the applicants including second and third applicant (if any) is mandated to submit any of the above documents. and the application is found to be defective. right to discontinue this facility in case Direct Debits through NACH routes are continuously rejected by the investor's Default will be considered as yearly frequency. 5. • Minimum Top-Up amount would be Rs. / Mirae Asset Global Investments (India) Pvt. and applicants will have to use separate form for such changes/modications. the Application Form. 50. For further details of the Scheme features like minimum amounts. The investor consents to agree to abide by the terms and conditions of manager / sales person of the distributor of mutual fund products to quote the EUIN obtained by him / her from AMFI in NACH facility of NPCI. Any investment.(each regular purchase or per SIP instalment). Further.

confirming the debit should be submitted. All the Applicants are required to fill in basic “KYC Form” along with photograph. or send an email to customercare@miraeasset. CAF complete in all respects. For Micro SIP and Sikkim based investors whose constituted Attorney.Details of net worth are mandatory for Non Individual Mutual Fund in that folio. September/ March)] installments in a rolling 12 months period or in a financial year i. Karta of HUF. Cancelled original cheque of the new bank mandate with first unit holder name and bank account number printed on the face of the cheque. Cancellation of a nomination not be responsible if payout through the said electronic mode(s) does not get affected due to incomplete or incorrect can be made only by the Unit Holders who made the original nomination and must be notified in writing. PAN details are not mandatorily required to be updated Account Statement will be dispatched by MAMF for each calendar should be accompanied by a copy of the relevant resolution or authority to make the application. communication from us in lieu of printed documents. Please refer notes on PAN Exempt Investors below. Basic KYC is applicable for all applicants (including joint holders).in/investor. a duly certified copy thereof duly notarized CAS shall not be received by the Unit holders for the folio(s) wherein the PAN details are not updated. and systematic transfer plan and bonus transactions. Investors can opt for direct credit of the redemption proceeds to their bank accounts. the Karta will sign on behalf of the HUF. This Statement containing details of transactions across all Mutual Fund schemes and securities from the Depository by email / exemption of PAN will be applicable only to investments by individuals (including NRIs but not PIOs). The unitholder may choose to receive the proceeds in any of the bank accounts. However. 1. CAF received without the belonging to the investor. In case of multiple holding. FIRC certificate is required to be submitted evidencing source of funds Age proof. Account Debit certificate must be provided (mandatory). it shall be PAN of the first investors. systematic Magistrate. to update their KYC status and complete the In-Person Verification affection or as gift for a value not exceeding Rs. The first named ensure validation of new bank mandate mentioned. Investors having MF investments and holding securities in Demat account shall receive a Consolidated Account through registered KRA. please mention “Direct” in the column “Broker / Agent Code”. however.. 50. either at the collection point itself or subsequently by the back office of the registrars for any reason. furnishing proof of face of the cheque.com. Communication: processed/rejected. (b) Investors must write the local Mirae Asset Mutual Fund (MAMF)/AMC office or Authorised Collection Centre(s). • Payment by employer on behalf of employee under Systematic Investment Plan (SIP) facility through payroll deductions. it will be equal percentage for the nominees by default. letter from nominee. guardians in case of minors. (e) If the Scheme Collection Centre(s) of MAMF are not located. partnership firm. covered by our offices/authorised centres. Applications shall liable to be rejected without any intimation Reinvestment. In case of a specific request received from the Unit holders. In case the Investor is an NRI/FII. registered intermediary (broker. d) Applicants should indicate the Option (Dividend/Growth) for which the application is made. body corporate. Direct Credit of Redemption/Dividend Proceeds: However Non Individual. Bank Account Details: Investor(s) who have provided their email address in the application form or any subsequent communication in any of the folio It is mandatory for the Sole/First Applicant to mention his/her bank account number in the CAF. Upon receipt For the purpose of registration of bank account(s). POA [self-attested by • Payment by Parents/Grand-Parents/related persons on behalf of a minor in consideration of natural love and the investor/attested by the ARN Holder/AMFI distributor]. Investors can choose to receive e-mail write to the Registrars. or the Fund may withheld the payment for upto 10 calendar days to online Investors to transact only through the designated bank account registered under the folio number. the application may be processed and units the application is to be lodged. charges. Units in favour of the nominee. IFSC is an 11 digit number given by the that the AMC reserves the right to reject such application. the units will be transmitted to the nominee(s) as per the percentage advised by the investor and a confirmation/fresh Statement of account will be sent to the new holder(s). April to March) of upto Rs. Notary Public or Special Executive Magistrate. This facility (transact@ease) enables Investors to transact on the website of the Fund which is The AMC may also collect proof of Old Bank details while effecting the Change of Bank “Mandate. On receipt of a valid information or any other technical /operational reasons. is subject to having read and understood the terms & conditions and be If unit holder(s) provide a new and unregistered bank mandate or a change of bank mandate request with specific bounded by clauses therein of the referred PIN agreement for transacting online through the website. Society.D.D. State Manager or Authorised personnel of the Bank. (b) Self-attested copy of bank statement. duly accompanied with necessary documents e. dividend payout. Details of net worth shall.per investor per year shall be exempt from the requirement of PAN. 2. investments (both put together) per mutual fund up to Rs. b. Body provided under Investment and Payment details and will not be liable for any incorrect information provided by the Corporate. Ltd. Non MICR/ Outstation Cheques/Money Orders/Post Dated should be countersigned. Nomination Details: 4. same will be sent to the Unit holders registered e-mail returned across the counter) is mandatory for all investors existing as well as prospective investors (except the PAN Exempt address and/or mobile number. Date of birth is mandatory for minors and has to be supported with Account debit Letter/certificate from the bankers. All investors / applicants are deemed to have read. AMC / MF will endeavor to credit the payout directly to that bank account through available electronic mode(s) (Direct Credit / RTGS / NEFT). investor must produce the original for verification at the official point of acceptance of transaction. switch. General Instructions 6. Existing investors: Those Investors who have obtained the acknowledgment after completing the KYC process can invest in Dividend Reinvestment can be availed at Daily.Systematic Investment Plans (SIP) and lumpsum month to the unit holder(s) in whose folio(s) transaction(s) has/have taken place during the month. In case of an HUF. This facility can be availed by all KYC Compliant Investors (Fresh/Existing) period of 10 calendar days for validation and registration of new bank account. Refer to document check list. (d) Please refer to the checklist at the end of these notes to ensure that the requisite details and Cheques or Cash is not permitted. satisfaction of the AMC/Registrar. f) Options Available: Dividend and Growth Default Option: Growth. when a unit holder has communicated his/her email address and has provided consent for sending communication only via e-mail. including society. A local address if available should also be mentioned in the CAF. Also note. Non Individual Applicants. details of transactions across all Mutual Fund schemes by email / physical mode. Any change in the status of any applicant(s). and under Dividend Option. are also required to fill in details of ultimate beneficial ownership in section 11(a) • Custodian on behalf of an FII or a Client. however the preferred mode will always be NEFT/RTGS. may be a) Resident Investors may make payment by cheque payable locally in the city where the application form is submitted at the submitted at the designated Investor Services Centers (ISC)/Official Point of acceptance. where the Investors Service Centres (ISCs)/Authorised documents have been provided in order to avoid unnecessary delays and/or rejection of your application. the nomination shall be treated as rescinded and the AMC/Fund shall not be under any obligation to transfer the deemed appropriate. These exempted investors will have to quote the "PERN (PAN exempt KYC Ref No) in the CAF. trust. for all KYC compliant Investors has to be routed through KRA and that direct application to AMC will be not 7.miraeassetmf. (b) Name of the guardian must be mentioned if the investments are being made on behalf of a minor. a. Consolidation of account statement shall be done on the basis of PAN. AMC will not be in a position Authorized Signatory should be promptly intimated to the AMC. (c) religious or charitable trusts. with a certified copy of the MOA and AOA or Trust deed/Bye laws/Partnership deed. including Guardians and POA holders) are liable to be rejected. Trust. subject to which the offers are being made and bind themselves to the terms upon signing the Application Form and tendering payment. be of a date which is within one year of the application. a Consolidated Account Statement (“CAS”) shall be issued in line with the Investors) (including all joint applicants/holders. persons applying on behalf of minor or on power of attorney cannot nominate. Application Form number/Folio number on the reverse of the cheques and bank drafts accompanying the CAF. Online Transactions/Personal Identification Number (PIN): Bank Letter duly signed by branch manager/authorized personnel. we request all our esteemed considered for payment or redemption/dividend proceeds. Investors may kindly note. The original shall be returned to the investor over the counter upon verification. Karvy Computershare Pvt. MAMF will provide the account statement to the investors within 5 Business Days from the receipt of such request. Kindly read the SID for frequency availability in respective scheme applied for. banks on the cheques. 2010 will not be affected (refer Addendum dated information or updated information and/or complete IPV. the unit holder always has the right to request a to time. download account statements. Signatures should be in English or in any Indian language. The Please strike out any section that is not applicable. The AMC and the Registrar may ascertain the repatriation status purely based on the details (c) Name of the contact person. D. attested copy of the death certificate of the unit holder. The AMC shall not accept any transactions (whether fresh or additional e) Third Party Cheque/Funds Transfer will not be allowed for Investment subscriptions (lumpsum/SIP) accept in the subscriptions/switches) pertaining to 'KYC-On Hold' cases. the investors must submit in original any one of the following documents of of intimation from the nominee(s) regarding demise of the investor. 3. investments in the Mutual Fund (including SIP investment where the aggregate of SIP schemes of all Mutual Funds will be issued on half yearly basis [at the end of every six months (i. and such other documents as may be required from the nominee in favor of and to the (d) Bank Letter duly signed by Branch Manager/Authorized personnel. The Units can be transacted only in the Physical mode. PAN exempt investors (including joint holders) should be KYC compliant 4. this cooling period. as the case may be. Application Forms without quoting of PERN shall be considered incomplete and are liable to be rejected without any reference to the 1. subject to the availability of to the applicants. Mutual Fund etc. understood and accepted the terms. dividend reinvestment. (c) Bank passbook with current entries not older than 3 months. 8. Default option: Dividend Rejection: In case of non-compliance of any KYC requirements. Redeem or Switch at their convenience. DP. Bank passbook with current entries not older than 3 months. distributable surplus as per the Regulations. The investor needs to intimate the Fund/its transfer agents about any changes in the email address from time to time. 2010): system promptly. Thereafter. The AMC may provide direct credit facility with the banks as may be available from time communications including Abridged Annual Report to the investor. Government. The nomination will be on a The unitholder may register more than one bank account through the 'Multiple Bank Accounts Registration Facility". Any COB accompanied with any other transaction is liable to be rejected. In case there is no transaction in any of the mutual fund folios then CAS detailing holding of investments across all requirement of PAN. to repatriate redemption proceeds. portfolio working days to the new bank account. 5. Weekly (Record date: Wednesday) & Monthly basis (Record date: 24th of schemes of the Mutual funds by quoting the PAN in the application form and providing the KYC status. Basic KYC: KYC is mandatory requirement and a one-time exercise while dealing in securities markets through a SEBI For Direct Investments. There shall be a cooling https://transact. e-mail and telephone number should be mentioned in case of investments by a Company. guardianship if the nominee is a minor. redemption. c. they may just provide a KYC this restriction will not be applicable for payment made by a guardian whose name is registered in the records of acknowledgment of valid KYC status available through the KRA. an overseas address c) In case the payment is made through Indian Rupee draft purchased abroad from FCNR or NRE A/C. 50. In absence of information the (d) KYC Requirements and Details: request would be processed under the default option as mentioned in the SID/SAI of the relevant scheme. charges would be borne by the AMC only for the investors residing at places which are not allotted at applicable NAV of the scheme mentioned in the application/transaction slip duly signed by investor(s). Thumb impressions should be from the left hand for males and the right hand for females and in all cases be attested by a The word ‘transaction’ shall include purchase. applicant/investor should be one of the account holders to the bank account debited for such electronic transfer of funds. The AMC / MF shall A nomination in respect of Units will be treated as rescinded upon the Redemption of all Units. (ii) In withdrawal plan. the new bank account: providing proof of the death of the Unit Holder. that Dividend may be declared by the Trustee. case the application is under a power of Attorney (POA). Investors may please note. applicants and optional for Individual applicants in lieu of gross annual income. If the redemption/dividend proceeds. In view of the same. Investors should apprise themselves of the prevailing Load Structure on the date of submitting the Common Application Form (CAF). along month on or before 10th of the immediately succeeding month. 50. If photocopies of the above stated documents are submitted. If an applicant is already KYC compliant through some other intermediary. The Unit holders are should be submitted with the application.INSTRUCTIONS Please read the Key Information Memorandum (KIM) and the terms of the Scheme Information Document (SID) and Statement of Additional Information (SAI) of the respective Schemes(s) carefully before investing / filing the application form. holder and pattern of holding. Minors and physical mode. mandate. Provision for mentioning the details of the which will be registered under the folio. The Investor(s) are requested to note that for all Change of Bank details (COB) the investors must submit in original any one of the AMC/Mutual Fund/Registrars & Transfer agents are not responsible for the email not reaching the investor and for all following documents of the new bank account: consequences thereof. (iii) Applications made by a Limited Company or a Body Corporate or a registered Society or Trust. that availing the PIN online. 5.(each regular purchase or per SIP installment). if the credentials of the new bank mandate cannot be authenticated. whichever is applicable. Investors having MF investments and not having Demat account shall receive a CAS from the MF Industry containing (e) (I) All the applicants must sign in original on the application form. physical copy of any statutory communication and the AMC will arrange for the same to be sent to the unit holder. nominees are made in the KIM/application form and / or separate nomination request forms is made available to the investors. However (IPV). through Non Domestic Account.000/. investors can contact the nearest Investor Service Centre or Annual Reports or other information etc. besides other options of purchasing units of select schemes with select banks. the CAF must be accompanied with a photocopy of the cheque or be either a natural guardian or a Court appointed guardian. Guardian of the minor must For subscription made by NRE/FCNR Account cheques. HUFs and other categories of investors will not be eligible for this exemption. the validation of new Bank mandate and dispatch of redemption proceeds shall be completed within 10 Existing Investors need to generate the Personal Identification Number (PIN) online to view account details. In case the source of funds through Non Domestic Account is not validated/provided. The details of the nominee(s) will be captured by the Registrar and will be available in the data base maintained. Sole proprietary firms. Electronic Mail (email) shall be treated as a default mode for sending various statutory relevant bank details will be rejected. SIP. and 11(b) of the common application Form. POA holders and NRIs) for investing with mutual following procedure: funds.e. 9. may be sent to unit holders by email. then the photocopies submitted should be attested in original by the Branch (whose name and address must be provided). The AMC / MF reserve the right to use any other mode of payment as cancellation.). Ms. (b) minors through parent/legal guardian originals are not produced for verification. If the Only the following categories of Indian residents can be nominated: (a)individuals. to receive proportionate basis and investor may specify the percentage for each nominee in the event of his/her demise. FII and other eligible non-individual applicants. . The investor whose transaction has been accepted by the MAMF shall receive a confirmation by way of email and/or SMS Permanent Account Number (PAN): Submission of PAN card copy (along with the original for verification which will be within 5 Business Days from the date of receipt of transaction request. Self-attested copy of bank statement. d. Investors residing in Centres.000/. (c) b) Please mention the application serial number on the reverse of the cheque/demand draft tendered with the CAF. PIOs. Installments of SIPs registered before November 15. b.g. Multiple Bank Accounts Registration Facility: A Unit Holder in the scheme maybe allowed to nominate upto a maximum of three nominees. All application without PAN (for all holders. Please refer SAI for complete details on D. a local authority or any person designated by virtue of his office. and (d) Central Government. the AMC reserves the right to process the redemption request in the old bank valuation.per year per investor shall be exempted from the 3.e. Accordingly. The maximum charges so borne by the AMC would be restricted to limits as 2. are requested to make payment by demand drafts payable at the Centre where name on the application form and on the payment instrument are different. The POA document should contain the signature of both the applicant and the therefore requested to ensure that the folio(s) are updated with their PAN. from the Bank issuing the draft. Incomplete application forms are liable to be rejected. joint holders. Any Change in Address every month). Applicant Information prescribed by State Bank of India. not being a company that is listed on any recognized stock exchange or is a subsidiary of such listed or is controlled by such listed Company. unless and until the Investors / Unitholders submits KYC missing following cases. In case of receipt of redemption request during using their e-mail Address and Mobile Number. Investment Details: (a) The application form should be completed in ENGLISH in BLOCK LETTERS only.co. (f) Rejections: In case if the applications are rejected after detailed scrutiny and verification. Indian Financial System Code (IFSC): Investors are requested to mention the IFSC while submitting any bank details MAMF will not be processing transactions where the funds for application(s) for subscription(s) cannot be ascertained and updation request to help facilitate the payouts seamlessly through the electronic route. Any cancellation and modification on any of the mandatory information cheque should be drawn in favor of respective scheme name. Partnership. POI. that MAMF redemption/dividend payment request (with or without necessary supporting documents) such bank account may not be shall not accept online applications for subscriptions from third party source. which the respective AMC/intermediary shall update in KRA-KYC November 12. (a) Name and address shall be given in full without any abbreviations. (a) Cancelled original cheque of the new bank mandate with first unit holder name and bank account number printed on the KYC and complete bank details of nominee along with his signature duly attested in original by the banker. Guardian and Power of Attorney Holders as well.000/. The CAS shall be generated on a monthly basis and shall be issued on or before 10th of the immediately succeeding Micro Systematic Investment Plan (Micro SIP) / PAN Exempt Investor . The procedure implemented by the AMC and the decisions taken by the AMC in this regard shall be deemed final. the details of percentage is not specified.

. the request from. investor hereby agrees to provide excepted NFE. agreement. In case of any change in the information such as address. or horticultural organization. the identity details should be provided of the natural 16. or (iii) more than 15% of the property or capital or prots of the juridical person. Employee Unique Identication Number (EUIN): entity or other non-prot organization. (d) Fund has the right to refuse to provide be applicable to the subscriptions received from all categories of investors except Individuals and a Company listed on a stock certain services. where no natural person exerts control through ownership interests. AMCs shall take the declaration separately signed by the investor. investors are requested to bring this to the notice of the fund and submit the FATCA declaration form (available on www. shall be paid to the ARN Holder directly by the investor. 10. Please tick the appropriate box as 07 Any NFE that fullls all of the following requirements: (1) It is established and operated in India exclusively for applicable to you. The purpose of FATCA is to report nancial assets owned by United States circumstances. (ii) The United States or any of its agencies or instrumentalities. an International Organization. The Investor may choose to provide or not provide the details of his nominee. in that case the AMC/Fund at its discretion shall redeem all the units held by such person from the Owner documented FFI: An FFI meets the following requirements: The FFI is an FFI solely because it is an investment Scheme of the Fund at applicable Net Asset Value. and The designated withholding agent agrees to report to the IRS (or. and The applicable laws of the NFE's country or territory of residence or the NFE's formation documents require that. even if you have already supplied any previously requested information. Net income from swaps. agreement.S. The FFI is not owned by or related to any FFI that is a depository institution. investment request. an entity that is a U.e.S. any income from any transaction entered into in the ordinary course of such dealer's business as such a dealer. (iii) A state. scientic. (ii) Rs. Accordingly. effective July 01. “D” Driving top of the application form(s). an Account Statement shall be sent to them. The indicia's are to identify a US Person as dened under the Laws of the United States of America. Hence. In addition to above. based on the investor's assessment of various factors including business of a Financial Institution. person [Investor]. (i) An organization exempt from tax under section 501(a) or any individual retirement plan as dened in section Units of MAMF can be held by way of an Account Statement or in Dematerialized ('Demat') form.For the purpose of this sub-clause. or any investment Investors should note the following instructions for ensuring that the application is treated as a direct application: vehicle whose purpose is to acquire or fund companies and then hold interests in those companies as capital assets for investment purposes. Account details. within 30 days. (vi) A dealer in securities. . about such changes. Unit Holders opting the units in the demat mode. Address and PAN details as mentioned in the application form matches that of the futures. unincorporated association or body of individuals. as may be applicable. but is investing capital into assets with the 2. commodities. (v) A as may be indicated by the Fund at the time of launch of the Plan) and will be required to indicate in the CAF the DP's name. excess of foreign applicable laws of Canada should not invest in units of any of the Schemes of the Fund and should note the following: currency gains over foreign currency losses. The investor may receive more than one request for information if you have multiple relationships with the AMC or its group B Applicability for foreign investors: The identication of benecial ownership in case of Foreign Institutional Investors (FIIs).(1) an Investor Protection Fund referred to in clause (23EA). persons to the US tax authorities. existing Unit Holder(s) will be allowed to redeem their units from the Schemes of the assets. Kindly respond to all our requests. BSE StAR MF Platform). TC will be deducted from the subsequent installments). Government of India / Reserve Bank of India may be guided by the clarications issued vide SEBI circular please include United States in the foreign country information eld along with your US Tax Identication Number. Related Entities that are not Financial from the subscription may be applicable from time to time: (I) Rs. as per the US Securities Act of 1933. excess of gains over losses other entities organized under the applicable laws of the United States (U. i. from the 2nd to the 5th installment. UBO-2: Controlling ownership interest of more than 15% of the capital or prots of the juridical person [Investor].. 2012. If you are a US citizen or resident or greencard holder. Only those applications where the details are matched with the DP data will be treated as valid investment trust. as described in Reg. (xiii) redemption/switch only through DP or through stock exchange platform. such as a private equity fund. License. Direct reporting NFE means: a NFFE that elects to report information about its direct or indirect substantial U. Document Type: Please mention the Code or Document as: “A” Passport.S. Units in Demat mode: e. exercises control through ownership or who ultimately has a controlling ownership interest. If the details mentioned in the application are incomplete/incorrect. section 1. as dened under FATCA guidelines.e. artistic.) Fund. persons and (2).in case of investments through SIP registered. (vii) A real estate account held with the DP. It is 08 The stock of the entity is regularly traded on an established securities market or the non nancial entity is a related further claried that a mere quoting of EUIN will not give an "advisory" character to the transaction. The identication of US person will be based on one or more of the following US indicia:. the following shall be treated as fullling the criteria provided in the products) of mutual fund products to quote the EUIN (for non-advisory transactions ('execution only') & advisory transactions) said sub-clause. Notwithstanding the previous sentence. • In case the AMC/MAMF subsequently identies that the subscription amount is received from U. where the juridical person is a company. or educational purposes.e. In case Unit holders do not provide their Demat A tax exempt trust under a section 403(b) plan or section 457(g) plan. an exempt benecial owner. not matched with the DP data.Identication of the investor as US citizen or resident (1) US is the place of birth or country of incorporation (2) Having US telephone number (3) Having any Controlling ownership interest means ownership of / entitlements to: (i) more than 25% of shares or capital or prots of the residence / mailing address / 'C/o address' / hold mail address / PO Box address in the US (4) Having Standing instruction to juridical person. payable in respect of the same) shall be credited to the scheme of the fund. corporation or related entity of a publicly traded company. With effect from January 1. owners to the IRS. CIR/MIRSD/11/2012 dated September 5. Interest. arrangements or in any other manner [In cases where there exists a. Ultimate Benecial Owner (UBO) foreign Tax authority. The FFI does not maintain a nancial account for any non participating FFI. person (Refer 114F(9) of Income Tax Rules. However. Waiver of Entry Load and Payment of commission and load structure: 03 Substantially all of the activities of the NFE consist of holding (in whole or in part) the outstanding stock of. or derivative nancial instruments (including national principal contracts. where the juridical person is a company . AMC reserves the right to seek additional information / documents report information with respect to an indirect owner of the FFI that holds its interest through a participating FFI. while transferring units from the broker account to investor account. “B” Election ID Card. UBO-7: of shares traded on the exchange). except that an entity shall not qualify for this status if the entity functions as an service rendered by the ARN Holder.from a rst time mutual fund investors application (An Institutions. TC . upfront commission to distributors shall continue to be paid by the compensation for services rendered. existing mutual fund investors application.or more. The EUIN is a 7 digit unique alpha numeric number (one alphabet and six numerals). person. The upfront commission on investment made by the investor. it should be either struck off or indicated 'direct' or NA).co. Upon request by the fund. excess of 14. Details under FATCA & CRS person who is exercising control over the juridical person through other means (i. the mutual fund reserves a right to check with investments in other mutual funds to ascertain new or any income or assets of the NFE to be distributed to. Accordingly he shall choose to select the option provided under the application form of the scheme. (Note: Foreign persons having controlling interest in a passive NFE are liable to be reported for tax information compliance purposes). agricultural SIP installment x Number of installments) amounts to Rs. transfer funds to an account maintained in USA (5) Being POA holder based out of US or having US residence / citizenship where the juridical person is a partnership. has purchased. and (e) Fund has the discretion to close investor accounts. leveraged buyout fund. other natural person exercising ultimate effective control over the trust through a chain of control or ownership. the fund. whether acting alone or together. other than rents and the holdings are converted in to demat form. Publicly traded company (listed company): A company is publicly traded if its stock are regularly traded on one or more doubt under UBO-1 to UBO-3 above as to whether the person with the controlling ownership interest is the benecial owner or established securities markets (Established securities market means an exchange that is ofcially recognized and where no natural person exerts control through ownership interests]. cultural. if already printed on the forms must be struck off and countersigned by the investors. options and similar transactions) in any nancial assets. Ensure that the broker code block in the form is not left blank (i. UBO-4: Natural person exercising control over the juridical person through Non-Financial Entity (NFE): Types of NFEs that are regarded as excluded NFE are: other means exercised through voting rights. The potential consequences for failure to comply with requests for tax information disclosure include.S. tax and benecial owner information and certain natural person who holds the position of senior managing ofcial should be provided. Related entity of a publicly traded company: The NFE is a related entity of an entity of which is regularly traded on an through a chain of control or ownership. reorganizing with the intent to continue or recommence operations in a business other than that of a Financial 11. Income equivalent to interest. namely:. the AMC and the Trustee are entitled to be indemnied from the deceased Unit Holder's estate against any liabilities whatsoever that any of them may 01 Less than 50 percent of the NFE's gross income for the preceding nancial year is passive income and less than 50 suffer or incur in connection with a nomination. or it is established and operated in However. percent of the assets held by the NFE during the preceding nancial year are assets that produce or are held for the production of passive income. UBO-6: The settlor(s) of the trust. if any. religious. upon the NFE's liquidation or dissolution. 2014. If an existing Unit Holder(s) subsequently becomes a U. Transaction charges (TC) : Institution. 10. where the juridical person is a partnership. citizenship. United States Person (U. provided that the NFE shall not qualify for this However. names and other details like Client ID. UBO-10: Natural person(s) exercising ultimate effective control over the Trust b. a Central Bank . in case of a non-nancial entity that regularly acts as a dealer in nancial Fund would be allowed.1472-1(c)(1)(i). the application the tax year under the investment company act of 1940. forwards and options) that is registered as such under the laws of the United States or any state. The applicable laws of the NFE's country or territory of residence or the NFE's formation documents do not permit If no option is ticked.. your investments are routed through a distributor please ensure that the EUIN is correctly lled up in the Application Form. The Fund. etc. investment fund. or as payment of reasonable platforms (i. please ensure you ii. a private person or non-charitable existing investors. Broker code./Canadian address then the transactions would be rejected.S. established securities market. telephone number. royalties derived in the active conduct of a business conducted. (viii) A regulated investment company as dened in section 851 or an entity registered at all times during applications. kindly contact your tax advisor. the designated withholding agent is not required to Government of India for its submission to US authorities. a the units in demat form must provide their Demat Account details in the specied section of the CAF. amount per India and it is a professional organization. withholding foreign partnership or withholding foreign trust. (2) a Credit Guarantee Fund obtained from AMFI in the CAF. the identity of the relevant As a part of regulatory process. In case of any change in the benecial ownership. "Direct" in the interest of the investors. (iv) A corporation the stock of which Demat form. necessary information and permits the fund to disclose and report tax and account specic nancial information to any local or 17.in for the Declaration Form. if providing nancing and services to. DP corporation that is a member of the same expanded afliated group as a corporation described in Reg. section 1. Rents and royalties. one or more subsidiaries that engage in trades or businesses other than the any. #It is mandatory to supply a TIN or functional equivalent if the country in which you are tax resident issues such identiers. Trustee(s) of the Trust. corporations and gains over losses from the sale or exchange of nancial assets that gives rise to passive income. where the juridical person is an Investment Entity or Specied Insurance company. 100/. • For transaction from Stock Exchange platform. labor organization. (ii) more than 15% of the capital or prots of the juridical person. The A Ultimate Benecial Owner means: absence of completed documentations may prevent us from accepting the investment and may require us to redeem existing investments in case the same is mandated by the regulatory authorities. and (3) an Investor Protection Fund referred to in clause Individual ARN holders including senior citizens are also required to obtain and quote EUIN in the Application Form. For Investor other than Trust: A 'Natural Person'. Person or Resident of Canada. the AMC may seek additional personal. by employees of the NFE. chamber of commerce. 02 The NFE is a Governmental Entity. a deemed- sought for FATCA details in the CAF for the disclosure and reporting of any tax related information obtained or held by the fund compliant FFI (other than an owner-documented FFI). Person). Non-individual applicants/investors are mandated to reporting obligations. The FFI provides the designated 15. and does not provide nancing or hedging services to any Entity that is not a Related Entity. 1962 for details. of section 10 of the Act. the trustees. if (23EC). For any their sub-accounts and Multilateral Funding Agencies / Bodies Corporate incorporated outside India with the permission of queries about your tax residency. 10. forwards. can submit dened in section 581. Annuities.S. UBO-5: Natural person who holds the position of senior supervised by a governmental authority in which the securities market is located and that has a meaningful annual value managing ofcial [In case no natural person cannot be identied as above]. Unit holders opting to hold 7701(a)(37). PAN with photograph or any are not limited to: (a) Fund has the right to carry out actions which are necessary to comply with the local or foreign tax other acceptable POI prescribed in common KYC form) of UBO(s). (xii) A trust exempt from tax under section 664 or described in section 4947(a)(1). Such investors will not be able to trade on the stock exchange till Passive Income includes: Dividends. 150/. the District of Columbai. athletic. The investor agrees to inform. equally (In case there is a rejection for the reasons of non-availability of amount in the bank (2) It is exempt from income tax in India. charitable.miraeassetmf. (xi) A broker. or an to any local or foreign regulatory or tax authority ("Tax Authority"). Active NFE : (is any one of the following): made upon the Fund/AMC/Trustee and shall discharge the Fund/AMC/Trustee of all liability towards the estate of the Code Sub-category deceased Unit Holder and his/her legal personal representative or other successors. the stock of which is regularly traded on an established securities market. Units will be issued against the balance amount. venture capital fund. The US Department of the Treasury and the US Internal Revenue Service (IRS) has introduced the Foreign Account Tax withholding agent with all of the documentation and agrees to notify the withholding agent if there is a change in Compliance Act (FATCA).S. if the investor has U. UBO-8 : The Protector(s) of the Trust [if applicable]. i. if the investor does not specify the application as "Direct" or otherwise. entity. uniotholders shall have a beneciary account with the Depository Participant (DP) (registered with NSDL / CDSL is regularly traded on one or more established securities markets. In order to hold the units in possession of the United States or any of their political subdivision or instrumentalities. employee/relationship manager/sales person of the distributor/broker (interacting with the investor for the sale of Mutual Fund Explanation. Applicants must ensure that the sequence of 1(c)(1)(i). 1. or applied for the benet of. but Investors (other than Individuals) are required to provide details of UBO(s) and submit POI (viz. investor should immediately intimate AMC / its Registrar / KRA. Custodial Institution. the protector. shall be deducted only if the total commitment (i. or an investment entity dened in clause (b) of these instructions a • All existing registered SIP and Systematic Transfer Plans would be ceased. interest of more than 15% of the property or capital or prots of the juridical person [Investor]. or respond to any exchange or is a majority owned subsidiary of such a Company. (c) Fund has the right to pay relevant taxes to the appropriate tax authority. or escheat to the government of the NFE's country or territory of residence or In order to assist in in addressing any instance of mis-selling at any point of time. Amounts received under cash value insurance • No fresh purchases (including SIP and Systematic Transfer Plans)/ additional purchases/switches in any Schemes of the contracts. shall be required to submit a mandatory declaration form along with the the nearest ISC of MAMF or log on to our website www.000 & more and routed through a distributor who has opted for such TC.miraeassetmf. (But passive income will not include. or specied insurance company. However. as mentioned on the d.e. custodial institution. Transaction charges shall not be deducted for transactions carried out through the stock exchange Entity other than pursuant to the conduct of the NFE's charitable activities. or as payment representing the fair market value of property which the NFE investor directly.000/. UBO-3: Controlling ownership Financial Institution (FI): The term FI means any nancial institution that is a Depository Institution. 13. (3) It has no shareholders or members who have a proprietary or benecial interest in its income or assets. exceptional cases where there is no interaction by the employee/sales person/relationship manager of the distributor/sub broker with respect to the transaction. it is regulatory for every any political subdivision thereof. (b) Fund has the ability to withhold taxes that may be due from certain payments made to the investor's provide the details on UBO(s)' by lling up the declaration form for UBO. (ix) A common trust fund as dened in section 584(a). (x) A bank as shall be treated as invalid and shall be liable to be rejected. certications and documentation from all our account holders and will report to tax authorities / appointed agencies/ institutions such as withholding agents should there be any change in any information provided by you. provided that investor who invests for the rst time ever in any mutual fund either by way of subscription or SIP). entities. at least in part. where no natural person is identied. all of its assets be distributed to a governmental 12. The TC shall be deducted in 4 installments i. control exercised through voting rights. then the AMC treats such applications as exception after the date that is 24 months after the date of the initial organization of the NFE. business league. Trust for Small Industries referred to in clause 23EB. if there are any changes to tax information previously provided. 2014. However. For Trust: The settler of the trust. “C” PAN CARD. or through one or more juridical person.INSTRUCTIONS The transfer of Units/payment to the nominee of the Redemption proceeds shall be valid and effectual against any demand c.S. (6) Paying tax in the US (7) Having Identication Number or any identication that indicates US residence / citizenship where the juridical person is an unincorporated association or body of individuals. Person(s) or Resident(s) of Canada. in case of any entity of the entity.from an the group of any such Related Entities is primarily engaged in a business other than that of a Financial Institution. Providing information about benecial ownership will account.co. In case of applications of Rs. If no C UBO Code Description: UBO-1: Controlling ownership interest of more than 25% of shares or capital or prots of the juridical TIN is yet available or has not yet been issued. please provide an explanation and attach this to the form. 05 The NFE was not a Financial Institution in the past ve years. “F” NREGA Job Card. are deducted 06 The NFE primarily engages in nancing and hedging transactions with. arrangements or in any other manner). then such Unit Holder(s) Passive NFE means: any non-nancial entity which is not an active non-nancial entity including a publicly traded will not be able to purchase any additional Units in any of the Scheme of the Fund. UBO-9: The beneciaries with 15% or more interest in the trust if they are natural person(s). the beneciaries with 15% or more of interest in the trust and any advise us promptly.in). intent to operate a business other than that of a Financial Institution. to the relevant foreign government or agency thereof) all of the information described in or (as appropriate) with respect to any AMC may be required to report information relating to the folios of the investors to the authority established by the specied U. or No entry load will be charged by the Scheme to the investor.e. or bounce of cheque for any other reasons within 2 to 5th installments. civic league or an organization operated exclusively for the promotion of social welfare. or for. and is in the process of liquidating its assets or is Exit load (net off Service Tax. or an entity wholly owned by one or more of the foregoing. In cases where there exists doubt as to whether the person with the controlling ownership interest is the benecial owner or individual investor is based out of US or holds US residence / citizenship. Exemption code for U. 04 The NFE is not yet operating a business and has no prior operating history.1472- ID Number and the beneciary account number of the applicant with the DP. who. in the case of a reporting Model 1 IGA. Please contact All Investors including non-individual investors. “E” UIDIA / Aadhar letter.e. (8) Having US beneciary owners /shareholders (9) The Director / Promotor / Authorised signatory / POA holder of non.) and Residents of Canada as dened under the from transactions (including futures.S.