Instructions for filling the Application Form
iii) The signature should be in English or in any of the Indian languages specified in the eighth
schedule of the Constitution of India. Thumb Impressions must be attested by a magistrate or
a notary public or a special executive magistrate under his/her official seal. Applications by
minors should be signed by the guardians. In case of H. U. F., the Karta should sign on behalf of
the H.U.F.
1. GENERAL INSTRUCTIONS
ii) Application form should be completed in English and in BLOCK LETTERS. Please tick in the
appropriate boxes wherever applicable.
vi) All cheques and bank drafts must be drawn in favour of “Scheme Name” and crossed “Account
Payee Only”. A separate cheque or bank draft must accompany each application /each Scheme.
In case the Scheme name as provided by investor on the application form and on the payment
instrument are different, the application shall be processed and units allotted of the Scheme as
mentioned in the application Form duly signed by investor.
Transaction charges in case of investments through Systematic Investment Plan (SIP) shall be
deducted only if the total commitment (i.e. amount per SIP installment x No. of installments)
amounts to ` 10,000/- or more. The transaction charges shall be deducted in 3-4 installments.
iv) The application complete in all respects along with the cheque / demand draft must be
submitted to the nearest designated Investor Service Centre. Applications incomplete in any
respect or not accompanied by cheque or demand draft of the amount payable are liable to be
rejected and the money paid will be refunded without interest.
viii) TRANSACTION CHARGES
i) Please read the terms of the Key Information Memorandum, the Statement of Additional
Information/Scheme Information Document and addenda issued from time to time carefully before
filling the Application Form. Investors should also appraise themselves of the prevailing Load
structure on the date of submitting the Application Form. Investors are deemed to have accepted
the terms subject to which this offer is being made and bind themselves to the terms upon signing
the Application Form and tendering payment.
vii) Investors already holding a folio in Aditya Birla Sun Life AMC Limited can provide their existing
Folio Number and Name of applicants(s) corresponding to the said folio. It is the responsibility of
the Investor to ensure correctness of such details provided. The personal details and Bank
Account details as registered in the existing folio number as provided would apply to the said
investment and the registered details would prevail over any conflicting information furnished in
this form. The AMC reserves the right to assign any of the existing Folio Number of the investor
against multiple applications and / or subsequent purchases under this new application form
lodged, with identical mode of holding and address and such other criterions and integrity checks
as may be determined by the AMC from time to time.
SEBI with the intent to enable investment by people with small saving potential and to increase reach of
Mutual Fund products in urban areas and in smaller towns, wherein the role of the distributor is considered
vital, has allowed AMCs vide its circular No. Cir/ IMD/ DF/13/2011 dated August 22, 2011 to deduct transaction
charges for subscription of ` 10,000/- and above. In accordance with the said circular, if the distributor,
through which your application form is being routed, has opted to receive the Transaction Charges, Aditya
Birla Sun Life AMC Limited shall deduct the Transaction Charge of ` 150/- (for First Time Mutual Fund Investor)
or ` 100/- (for Investor other than First Time Mutual Fund Investor i.e. Existing Mutual Fund Investor) from
your subscription amount and pay the same to such distributor. Thereafter, the units shall be allotted against
the balance amount invested after deduction of Transaction charges payable to the distributor. The
statement of account shall clearly state the net investment as gross subscription less transaction charge and
depict the number of units allotted against the net investment amount.
Please note that Transaction Charges shall not be deducted in the following cases:
v) No receipt will be issued for the application money. The designated Investors Service Centre will
stamp and return the acknowledgment slip in the application form, to acknowledge receipt of
the application.
a. Purchases / subscriptions for an amount less than ` 10,000/-;
b. Transaction other than purchases / subscriptions relating to new inflows such as Switches /
STPs / Income Distribution cum capital withdrawal option - Sweep facility etc.
c. Purchases / subscriptions made directly with the Mutual Fund (i.e. not routed through any distributor /
agent). In case of investments through Systematic Investment Plan (SIP):
i) Name and address must be given in full. P.O. Box address is not sufficient. In case of NRIs/ FPIs
investors an overseas address must be provided.
ii) "On behalf of Minor" Accounts: Name of Guardian must be mentioned if investments are being made on behalf
of a minor. Date of birth is mandatory in case of minor. The minor shall be the first and the sole holder in the
account (folio). No joint holder will be allowed in an account (folio) where minor is the first or sole holder.
Guardian in the account (folio) on behalf of the minor should either be a natural guardian (i.e. father or
mother) or a court appointed legal guardian and the same must be mentioned in the space provided in
application form. Copy of document evidencing the date of birth of the minor and relationship of the guardian
with the minor (whether natural or legal guardian) should mandatorily be provided while opening of the
account (folio). Also, nomination shall not be allowed in a folio/account held on behalf of a minor.
iv) Documentation to be submitted by Corporate Investors/Societies / Trusts /Partnership Firms/
FPIs
Corporate Trusts Societies Partnership FPls POA
Investors Firms
Partnership Deed 3
The Power of Attorney should necessarily be signed by both the investor and the constituent
Power of Attorney. Where only uncertified photocopies of the documents are submitted /
attached to the application form, the onus for authentication of the documents so
submitted shall be on investors and the ABSLAMC / ABSLMF will accept and act in good
faith on uncertified / not properly authenticated documents submitted/attached with the
application form. Submission of such documents by investors shall be full and final proof of the
non individual investor’s authority to invest and the ABSLAMC/MF shall not be liable under any
circumstances for any defects in the documents so submitted. Non-Individual investors are
required to ensure that the object clause of the constitution document (viz. MOA / AOA / Trust
Deed, etc.) permits investment in the scheme(s) of Aditya Birla Sun Life Mutual Fund. ABSLAMC /
ABSLMF shall accept and process the applications made by these entities in good faith by relying
on the undertaking given with respect to the authority, validity and compliance with all relevant
formalities/conditions etc. in the application for making such investments with Aditya Birla Sun
Life Mutual Fund. Further, ABSLAMC/ABSLMF/Trustees or any of its affiliates shall not be liable
in case of any dispute arising with respect to eligibility, validity and authorization of the entity
and/or the applicants who have applied on behalf of the entity, as applicable.
Bye-laws 3
2. INVESTOR PARTICULARS
Board/ Committee Resolution/ Authority Letter 3 3 3 3 3
Trust Deed 3
iii) In case of an application under Power of attorney or by a limited company, body corporate,
registered society, trust or partnership, etc the relevant Power of attorney or the relevant
resolution or authority to make the application as the case maybe, or duly notarised copy
thereof, along with the Memorandum and Articles of Association/ Bye Laws must be lodged
with the application form.
List of authorised Signatories with name, 3 3 3 3 3
designation & Specimen Signature
Power of Attorney 3
Overseas Auditor’s certificate 3
v) Applicants can specify the mode of holding in the application form as “Single” or “Joint” or
“Anyone or Survivor”. In the case of holding specified as “Joint”, redemption and all other request/
transactions would have to be signed by all unit holders. However, in cases of holding specified as
“Anyone or Survivor”, any one of the unit holders will have the power to make all necessary
requests, without it being necessary for all the unit holders to sign. In the event the account has
more than one registered unit holders and the mode of holding is not specified in the application
form, the default option for holding would be considered to be “anyone or survivor”.
However, in all cases, the proceeds of all Income Distribution cum capital withdrawal
option/redemption will be paid to the first named holder. All communications will also be sent to
the first named holder.
3 (A). BANK AND PERMANENT ACCOUNT NUMBER DETAILS
Bank Details: In order to protect the interest of investors from fraudulent encashment of cheques, the
SEBI Regulations have made it mandatory for investors to mention in their application / Redemption
request, the bank name and account number.
Please note that the bank account details of the minor investor/unit holder are required for the purpose of receiving
redemption proceeds/Payout of Income Distribution cum capital withdrawal option and in its absence the payment
of redemption/Income Distribution cum capital withdrawal option proceeds will be made in the name of the minor
Unit holder but with guardian bank account details as provided in the Application Form.
PAN Details: It is compulsory for all investors to quote their Permanent Account Number (PAN) and
submit copy of the PAN card issued by the Income Tax Department, irrespective of the amount of
investment, while making an application for Purchase of Units. In case of joint applicants, PAN details
of all holders should be submitted. In case the investor making the application is a minor, PAN details of
the Guardian must be submitted. Investors residing in the state of Sikkim are exempt from the
mandatory requirement of PAN proof submission, however sufficient documentary evidence shall have
to be submitted to Aditya Birla Sun Life Mutual Fund for verifying that they are residents of State of
Sikkim. Investors (being individuals) applying for Micro SIP registrations are exempt from mandatory
requirement of PAN submission. For further details on Micro SIP, documents required etc please refer
instructions in SIP Application Form.
vi) Investors should clearly indicate their preference of Plan/option on the application form. If no plan
is selected in the application form, the investment will be deemed to be for the default option.
(B). DEMAT ACCOUNT DETAILS: Option to hold Units in dematerialized (demat) form
4. KNOW YOUR CUSTOMER (KYC)
ii. each of the applicants, in case of investments in joint names; and
Effective January 01, 2011 it is mandatory for all category of investors to be KYC compliant for all investment
transactions made on or after January 01, 2011, irrespective of amount of investment.
Pursuant to SEBI Circular no. CIR/IMD/DF/9/2011 dated May 19, 2011, effective October 01, 2011,
investors have an option to subscribe to/hold units of Scheme(s)/Plan(s) viz. open ended, close ended,
Interval (except for exchange traded fund/s) in dematerialized (demat) form.
Consequently, the Unitholders under the Scheme(s)/Plan(s) shall have an option to subscribe to/ hold
the units in electronic (demat) form in accordance with the provisions laid under the respective
Scheme(s)/Plan(s) and in terms of the guidelines/procedural requirements as laid by the Depositories
(NSDL/CDSL) from time to time. Units under Plan(s)/Option(s) of all Schemes of Aditya Birla Sun Life
Mutual Fund with Income Distribution cum capital withdrawal option of daily, weekly or fortnightly
frequency, as defined under respective Scheme Information Document, shall be available in physical
(non-demat) mode only. Also, various Special Products/Facilities such as Century SIP, Systematic
Withdrawal Plan, Systematic Transfer Plan, Switching etc. offered by AMC/Mutual Fund shall be
available for unitholders in case the units are held/opted to be held in physical (non-demat) mode.
Investors intending to hold units in electronic (demat) form will be required to have beneficiary account
with a Depository Participant (DP) (registered with NSDL / CDSL) and will be required to indicate, in the
application form, the DP's name, DP ID Number and the Beneficiary account number of the applicant
held with the DP at the time of subscribing to the units. Applicants must ensure that the sequence of
the names as mentioned in the application form matches with that of the Beneficiary account held with
the DP. Names, PAN details, KYC details etc. mentioned in the Application Form will be verified against
the Depository records. If the details mentioned in the application form are found to be incomplete / incorrect or
not matching with the depository records, the application shall be treated as application for physical (non-demat)
mode and accordingly units will be allotted in physical (non-demat) mode, subject to it being complete in all other
aspects. Unitholders who have opted to hold and thereby allotted units in electronic (demat) form will
receive payment of redemption / Income Distribution cum capital withdrawal option proceeds into
bank account linked to their Demat account.
Units held in electronic (demat) form will be transferable subject to the provisions laid under the
respective Scheme(s)/Plan(s) and in accordance with provisions of Depositories Act, 1996 and the
Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996 as may be
amended from time to time.
To further clarify, the above category of investors shall include:
iii. Guardian in case of investments on behalf of minor.
According to guidelines issued by SEBI under 'The Prevention of Money Laundering Act, 2002', Mutual
Funds are required to follow enhanced know your customer (KYC) norms. Investors can visit branches of
ABSLAMC or may visit www.adityabirlacapital.com, www.amfiindia.com and www.cdslindia.com to
know detailed procedure for KYC compliance.
Applications without KYC Acknowledgement letter for the specified category of investors are liable to
be rejected.
In case, the Unitholder desires to hold the Units in a Dematerialized /Rematerialized form at a later
date, the request for conversion of units held in physical (non-demat) mode into electronic (demat)
form or vice-versa should be submitted alongwith a Demat/Remat Request Form to their Depository
Participant(s). Investors should ensure that the combination of names in the account statement is the
same as that in the demat account.
i. their constituted Power of Attorney (PoA) holder, in case of investments through a PoA
Provided further, where it is not possible to verify the KYC compliance status of the investor at the time
of allotment of units, the ABSLAMC shall verify the KYC compliance status of the investor within a
reasonable time after the allotment of units. In the event of non compliance of KYC requirements, the
ABSLAMC reserves the right to freeze the folio of the investor(s) for any kind of transactions or affect
mandatory redemption of unit holdings of the investors at the applicable NAV, subject to payment of
exit load. Investors should note that on completion of KYC Compliance all details of the investor in the
Mutual Fund records will be replaced by the details as given in KYC Application Form by the investor. Any
change in these details like change of Name / Address / Status /Signature, etc. should be given by
Investor directly in the prescribed manner.
Pursuant to SEBI Circular No. MIRSD/ Cir-26/ 2011 dated December 23, 2011, SEBI (KYC Registration
Agency) Regulations, 2011 and SEBI Circular No. MIRSD/SE/Cir-21/2011 dated October 05, 2011,
regarding uniformity in the Know Your Customer (KYC) process in the securities market and
development of a mechanism for centralization of the KYC records to avoid duplication of KYC Process
across the intermediaries in the securities market, the following changes are being made to KYC
process:
2. The Mutual Fund shall perform the initial KYC of its new investors and may undertake enhanced
KYC measures commensurate with the risk profile of its investors. The Mutual Fund shall upload
the details of the investors on the system of the KYC Registration Agency (KRA). Registrar &
Transfer Agent (RTA) of the Mutual Fund may also undertake the KYC of the investors on behalf of
the Mutual Fund. KRA shall send a letter to the investor within 10 working days of the receipt of the
initial/updated KYC documents from the Mutual Fund, confirming the details thereof.
1. SEBI has introduced a common KYC Application Form for all the SEBI registered intermediaries viz.
Mutual Funds, Portfolio Managers, Depository Participants, Stock Brokers, Venture Capital Funds,
Collective Investment Schemes, etc. New Investors are therefore requested to use the common
KYC Application Form and carry out the KYC process including In-Person Verification (IPV) with any
SEBI registered intermediaries including mutual funds. The KYC Application Forms are also
available on our website www.adityabirlacapital.com.