I /We hereby confirm 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, if any, provided by the employee/relationship manager/sales person of the distributor/sub broker.
Read General Instructions before creating folio
Are you a tax resident in any country other than India?
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(Note: The Guidance Note/notification issued by the CBDT shall prevail in respect
to interpretation of the terms specified in the form.)
Details under FATCA & CRS: The Central Board of Direct Taxes has notified Rules
114F to 114H, as part of the Income tax Rules, 1962, which require Indian financial
institutions to seek additional personal, tax and beneficial owner information and
certain certifications and documentation from all our unit holders. In relevant
cases, information will have to be reported to tax authorities / appointed agencies.
Should there be any change in any information provided by you, please ensure you
advise us promptly, i.e., within 30 days.
Please note that you may receive more than one request for information if you have
multiple relationships with us or our group entities. Therefore, it is important
that you respond to our request, even if you believe you have already supplied any
previously requested information.
If you have questions regarding your tax residency, please contact your tax advisor.
If you are a US citizen or resident or green card holder, please include United
States in the foreign country information field along with your US Tax Identification
It is mandatory to supply a TIN or functional equivalent if the country in which
you are tax resident issues such identifiers. If no TIN is yet available or has
not yet been issued, please provide an explanation and attach this to the form.
In case investor has the following Indicia pertaining to a foreign country and yet
declares self to be non-tax resident in the respective country, investor to provide
relevant Curing Documents as mentioned below:
List of acceptable documentary evidence needed to establish the residence(s) for
1. Certificate of residence issued by an authorized government body*
2. Valid identification issued by an authorized government body* (e.g. Passport,
National Identity card, etc.)
* Government or agency thereof or a municipality of the country or territory in which
the payee claims to be a resident.
In case the purchase/subscription amount is 10,000 or more and your Distributor
has opted to receive Transaction Charges, the same are deductible as applicable
form the purchase/subscription amount and payable to Distributor. Transaction Charges
in case of investments through SIP/Micro SIP are deductible only if the commitment
of investment (i.e amount per SIP/micro SIP installment x No. of installments) amounts
to Rs. 10,000/- or more and shall be deducted in 3-4 installments. Units will be
issued against the balance amount invested. Upfront commission shall be paid by
the investor directly by the investor to the ARN Holder (AMFI Registered Distributor)
based on the investors assessment on various factors including the service rendered
by the ARN Holder.
1. GENERAL INSTRUCTIONS
Please read the terms of the Key Information Memorandum/ Scheme Information Document
(SID)/ Statement of Additional Information (Scheme Documents) carefully before investing
in the scheme(s) of Mahindra Mutual Fund.
Upon submitting the Application and tendering payment online it will be deemed that
the investors have accepted, agreed to and shall comply with the terms and conditions
detailed in the Scheme Documents.
Applications complete in all respects, may be submitted using the online facility
of Mahindra Mutual Fund. Please tick in the appropriate box for relevant options
Such applications incomplete in any respect are liable to be rejected. Mahindra
Asset Management Company Private Limited (the AMC) / Mahindra Trustee Company Private
Limited (Trustee) have absolute discretion to reject any such Applications submitted
No request for withdrawal of application will be allowed after the closure of New
Fund Offer Period, if any.
Investments through distributors
As per directions of Securities and Exchange Board of India (SEBI), Investors can
route their Applications directly and /or through the distributors /employees of
the distributor who hold a valid certification from the National Institute of Securities
Markets (NISM) and ARN provided by AMFI. Further, no agents/ distributors are entitled
to sell units of mutual funds unless the intermediary is registered with Association
of Mutual Funds in India (AMFI).
Employee Unique Identification Number (EUIN)
Investors are requested to quote the EUIN of employee/ relationship manager/ sales
person of the distributor of mutual fund products while submitting the Application
through the online portal. Investors are requested to verify the AMFI registration
details from their Distributor. However, in exceptional cases, where there is no
interaction by the employee/ sales person/relationship manager of the distributor/sub
broker with respect to the transaction and EUIN box is left blank, you are required
to submit a declaration to this effect using the online portal.
For Overseas Distributors, the ARN Code provided by AMFI is required to be incorporated
in the space provided. Overseas Distributors are required to comply with the laws,
rules and regulations of jurisdictions where they carry out their operations in
the capacity of distributors.
2. TRANSACTION CHARGES
In accordance with SEBI circular No. Cir/ IMD/ DF/13/ 2011 dated August 22, 2011,
as amended from time to time the AMC/ the Fund will deduct Transaction Charges from
the purchase/ subscription amount received from the investors investing through
a valid ARN Holder i.e. AMFI registered Distributor (provided the Distributor has
opted-in to receive the Transaction Charges). The Distributor may opt to receive
transaction charges based on the type of product.
Transaction Charge of Rs. 150 (for a first time investor across mutual funds) or
Rs. 100 (for investor other than first time mutual fund investor) per purchase /
subscription of Rs. 10,000 and above are deductible from the purchase / subscription
amount and payable to the Distributor. The balance amount shall be invested.
In case of investments through Systematic Investment Plan (SIP) the transaction charges
shall be deducted only if the total commitment through SIP (i.e. amount per SIP
installment x No. of installments) amounts to Rs. 10,000/- and above. In such cases,
the transaction charges shall be deducted in 3-4 installments.
Transaction Charges shall not be deducted in the following cases:
(a) where the distributor of the investor has not opted to receive any Transaction
(b) for purchases / subscriptions / SIP Commitment of an amount less than Rs.10,000/-;
(c) for transactions other than purchases/ subscriptions relating to new inflows
i.e. through Switches etc.;
(d) for purchases / subscriptions made directly with the Fund (i.e. not through
(e) for purchases / subscriptions routed through Stock Exchange(s) as applicable.
Please indicate if First / Sole Applicant is a first time investor across Mutual
Funds or an existing investor in the appropriate box provided for this purpose in
the online Application Form. The AMC/ Fund will endeavor to identify the investor
as “first time” or “existing” based on the Permanent Account Number (PAN) / PAN
Exempt KYC Reference No. (PEKRN) at the First / Sole Applicant level. If the PAN/
PEKRN details are available, then the First/ Sole Applicant will be treated as existing
investor (i.e. Rs.100/- will be deducted as Transaction Charge) else the declaration
in the online Application Form will be considered (i.e. Rs.150/- for first time
investors or Rs.100/- for other than first time investors will be deducted as Transaction
Charge, as applicable). However, if an investor has not provided any declaration,
he will be considered as an “existing” investor.
3. UNIT HOLDER INFORMATION
Name, address and contact details like telephone, mobile and email address must
be written in full. On successful validation of the investor’s PAN for KYC, the
address provided in the KYC/CKYC form will override the address mentioned in the
Online Application Form.
All communication and payments shall be made by the Fund in the name of and favouring
the first / sole applicant.
A. In accordance with SEBI Circular No. CIR/MIRSD/13/2013 dated December 26, 2013,
the additional details viz. Occupation details, Gross Annual Income/ Net-worth
and Politically Exposed Person (PEP)* status was initially forming part of uniform
KYC form will now be captured in the Online Application Form of the Fund. The said
details are mandatory for all investors.
*PEP are defined as individuals who are or have been entrusted with prominent public
functions in a foreign country, e.g., Heads of States or of Governments, senior
politicians, senior Government/judicial/ military officers, senior executives of
state owned corporations, important political party officials, etc.
B. Details under Foreign Account Tax Compliance Act (FATCA) / Common Reporting Standard
(CRS) / Foreign Laws:
Tax Regulations require the Fund / AMC to collect information about each investor’s
tax residency. In certain circumstances (including if the Fund / AMC do not receive
a valid self-certification from the investor), the Fund / AMC may be obliged to
share the investor’s account information with the relevant tax authority. For any
questions about tax residency, investors are advised to contact their respective
tax advisors. Further if the investor is a citizen or resident or green card holder
or tax resident other than India, investor(s) shall include all such countries in
the tax resident country information field along with the Tax Identification Number
or any other relevant reference ID/ Number in the prescribed forms. If there is
any change in the information provided, investor(s) shall promptly intimate the
same to the Fund / AMC within 30 days. FATCA/CRS due diligence will be directed
at each investor / Unit holder (including joint investor/ Unitholder) and on being
identified as a reportable person, all the folios will be reported. The AMC/Mutual
Fund reserves the right to reject any application/freeze any folio(s) held directly
or beneficially for transactions in the event the applicant/ Unitholder(s) fail
to furnish the relevant information and/or documentation in accordance with FATCA/CRS
provisions and as requested by the Fund/ AMC.
C. Who cannot invest?
The following persons/entities cannot invest in the Scheme:
1. Any individual who is a foreign national or any other entity that is not an Indian
resident under the Foreign Exchange Management Act, 1999 (FEMA Act) except where
registered with SEBI as a FPI or FII or sub account of FII or otherwise explicitly
permitted under FEMA Act/ by RBI/ by any other applicable authority;
2. Overseas Corporate Bodies (OCBs)
3. NRIs residing in Non-Compliant Countries and Territories (NCCTs) as determined
by the Financial Action Task Force (FATF), from time to time.
4. U.S. Persons (including NRIs and all persons residing in U.S, U.S Corporations
or other entities organised under the laws of U.S) and Residents of Canada.
If an existing Unit Holder(s) subsequently becomes a U.S. Person or Resident of
Canada, then such Unit Holder(s) will not be able to purchase any additional Units
in any of the Schemes of Mahindra Mutual Fund.
The Mutual Fund reserves the right to include/exclude new/existing categories of
investors to invest in the scheme(s) from time to time, subject to SEBI Regulations
and other prevailing statutory regulations, if any. The Mutual Fund / Trustee /
AMC may redeem Units of any Unitholder in the event it is found that the Unitholder
has submitted information either in the application or otherwise that is false,
misleading or incomplete or Units are held by any person in breach of the SEBI Regulations,
any law or requirements of any governmental, statutory authority.
D. Mode of Payment
i. Subscription Bank Account Details
An investor at the time of his/her purchase of units will be able to make Online
payment with only those banks with whom the AMC may have an arrangement from time
to time. The investor must provide the details of his / her pay-in bank account
(i.e. account from which a subscription payment is being made) in the Online Application
Form. The investor understands that the AMC engages the services of a Third Party
“Internet Payment Gateway” service provider for collection services i.e. for collection
of subscription money from the investor’s bank and remitting it to the Fund/Scheme’s
nominated bank account. As such, the AMC/Fund shall not be liable for any loss arising
or resulting from delay/failure in credit of funds in the Fund/Scheme collection
ii. NRIs, PIOs, OCIs
In the case of NRIs/PIOs/OCIs, payment shall be made from funds held in the NRE
/ FCNR in the case of Purchases on a repatriation basis or out of funds held in
the NRE / FCNR/ NRO account, in the case of Purchases on a non-repatriation basis.
4. BANK DETAILS
A. Pay-Out Bank Account Details (For redemption only):
In case of Online Subscription, an investor’s initial pay-in bank account details
will be captured as the default investor’s payout bank (i.e. account into which
redemption/ dividend proceeds will be paid).
AMC and/or its Registrar will endeavour to identify any “Third Party Payments”.
Further, in exceptional cases where Third Party Payments# [as stated below] are
accepted subject to submission of requisite documentation/declarations., the investor
is required to submit any one of the documentary proofs as stated in (i), (ii) and
(iii) below for the pay-out bank account.
(i) Cancelled original cheque leaf of the pay-out bank account (where the account
number and first applicant name is printed on the face of the cheque). Applicants
should without fail cancel the cheque and write ‘Cancelled’ on the face of it to
prevent any possible misuse;
(ii) Self attested copy of the bank pass book or a statement of bank account with
current entries not older than 3 months having the name and address of the first
applicant and account number;
(iii) A letter from the bank on its letterhead certifying that the applicant maintains
an account with the bank, the bank account information like bank account number,
bank branch, account type, the MICR code of the branch & IFSC Code (where available).
#Third Party Payments identified other than the exceptional cases mentioned below
will be treated as invalid and liable to be rejected.
i. Payment by Parents/Grand-Parents/Related Persons* on behalf of a minor in consideration
of natural love and affection or as gift for a value not exceeding Rs. 50,000 for
each regular purchase or per SIP installment (This limit of Rs. 50,000 shall not
be applicable for payment made by a Guardian (i.e. Father/Mother/Court Appointed
Legal Guardian) whose name is registered in the records of Mutual Fund in that folio.);
*‘Related Person’ means any person investing on behalf of a minor in consideration
of natural love and affection or as a gift.
ii. Payment by an Employer on behalf of employees under Systematic Investment Plans
(SIP) or lump sum / one-time subscription, through Payroll deductions or deductions
out of expense reimbursements;
iii. Custodian on behalf of an FII or a Client;
iv. Payment by a Corporate to its Agent/ Distributor/ Dealer (similar arrangement
with Principal agent relationship), on account of commission or incentive payable
for sale of its goods/services, in the form of the Mutual Fund Units through SIP
or lump sum / one-time subscription.
B. Multiple Bank Account Registration:
An investor may register multiple bank accounts (currently upto 5 for Individuals/HUF
and upto 10 for Non-Individuals) for receiving redemption proceeds etc. by providing
necessary documents and filling up of Multiple Bank Accounts Registration form in
C. Indian Financial System Code (IFSC)
IFSC is a 11 digit number given by some of the banks on the cheques. IFSC will help
to secure transfer of redemption via the various electronic mode of transfers that
are available with the banks.
5. INVESTMENT DETAILS
A. Regular Plan: This Plan is for investors who wish to route their investment through
B. Direct Plan: This Plan is for investors who wish to invest directly without routing
the investment through any distributor.
6. E-MAIL COMMUNICATION
The email address provided by the investor will be registered in our records and
will be treated as investor’s consent to receive, Allotment confirmations, Consolidated
Account Statement/ Account Statement, annual report/abridged summary and any statutory
/ other information as permitted via electronic mode /email. These documents shall
be sent physically in case the Unit holder opts/request for the same.
Should the Unit holder experience any difficulty in accessing the electronically
delivered documents, the Unit holder shall promptly intimate the Mutual Fund about
the same to enable the Mutual Fund to make the delivery through alternate means.
It is deemed that the Unit holder is aware of all security risks including possible
third party interception of the documents and contents of the documents becoming
known to third parties.
The AMC/Trustee reserve the right to send any communication in physical mode.
7. MODE OF PAYMENT OF REDEMPTION PROCEEDS - VIA DIRECT CREDIT / RTGS / NEFT
A. Real Time Gross Settlement (RTGS)/ National Electronic Funds Transfer (NEFT)
The AMC provides the facility of ‘Real Time Gross Settlement (RTGS)’ and ‘National
Electronic Funds Transfer (NEFT)’ offered by Reserve Bank of India (RBI), which
aims to provide credit of redemption and dividend payouts (if any) directly into
the bank account of the Unit holder maintained with the banks (participating in
the RTGS/ NEFT System).
NEFT is electronic fund transfer modes that operate on a deferred net settlement
(DNS) basis which settles transactions in batches. Contrary to this, in RTGS, transactions
are processed continuously throughout the RTGS business hours. The minimum amount
to be remitted through RTGS is Rs. 2 lakhs. There is no upper ceiling for RTGS transactions.
No minimum or maximum stipulation has been fixed for NEFT transactions.
Unit holders can check the list of banks participating in the RTGS / NEFT System
from the RBI website i.e. www.rbi.org. in or contact any of our Investor Service
Centres. However, in the event of the name of Unit holder’s bank not appearing in
the ‘List of Banks participating in RTGS/ NEFT updated on RBI website www.rbi.org.in,
from time to time, the instructions of the Unit holder for remittance of redemption/
dividend (if any) proceeds via RTGS / NEFT System will be discontinued by Fund/
AMC without prior notice to the Unit holder and the payouts of redemption/ dividend
(if any) proceeds shall be effected by sending the Unit holder(s) a cheque / demand
For more details on RTGS / NEFT or for frequently asked questions (FAQs) on RTGS
/ NEFT, Unit holders are advised to visit the RBI website www.rbi.org.in / or the
Fund website www.mahindramutualfund.com.
B. Payment to NRI Investors:
Payment to NRI / FII Unit holders will be subject to the relevant laws / guidelines
of the RBI as are applicable from time to time (also subject to deduction of tax
at source as applicable).
In the case of NRIs:
i. Credited to the NRI investor’s NRO account, where the payment for the purchase
of the Units redeemed was made out of funds held in NRO account; or
ii. Remitted abroad or at the NRI investor’s option, credited to his NRE / FCNR
/ NRO account, where the Units were purchased on repatriation basis and the payment
for the purchase of Units redeemed was made by inward remittance through normal
banking channels or out of funds held in NRE / FCNR account.
In the case of FIIs, the designated branch of the authorized dealer may allow remittance
of net sale / maturity proceeds (after payment of taxes) or credit the amount to
the Foreign Currency account or Non-resident Rupee account of the FII maintained
in accordance with the approval granted to it by the RBI.
The Fund will not be liable for any delays or for any loss on account of any exchange
fluctuations, while converting the rupee amount in foreign exchange in the case
of transactions with NRIs / FIIs. The Fund may make other arrangements for effecting
payment of redemption proceeds in future.
Unitholders are advised to opt for the NEFT / RTGS, as it helps in avoiding loss
of redemption warrant in transit or fraudulent encashment. Please update your IFSC
and MICR Code in order to get payouts via electronic mode in to your bank account.
The AMC / Fund shall not be held liable for any losses/ claims, etc. arising on
account of processing the direct credit or credit via RTGS/ NEFT of redemption proceeds
on the basis of Bank Account details as provided by the Unit holder in the online
However, if the Unit holders are not keen on availing of any of the said facilities
and prefer receiving cheques/ demand drafts, Unit holders shall intimate the AMC/Registrar
in writing indicating their preference. The AMC/Fund would then ensure that the
payouts are effected by sending the Unit holders a cheque / demand draft. In case
of unforeseen circumstances, the AMC/ Fund reserves the right to issue a cheque
/ demand draft.
Any charges levied by the investor’s bank for receiving payment through electronic
mode / outstation cheques / demand drafts will be borne by the investor. The Mutual
Fund / AMC will not accept any request for refund of such bank charges.
C. Mode of Payment for Unit holders holding Units in Demat form
Investors will receive their redemption proceeds directly into the bank account
linked to their demat account.
8. ELECTRONIC SERVICES
This facility enables the Unitholder to register an email address with the AMC for
receiving allotment confirmations, consolidated account statement / account statement,
annual report/ abridged summary thereof and/or any statutory / other information
as permitted by email.
B. SMS Alerts
This facility enables the Unit holder to receive SMS confirmations for purchase,
redemption or switch, dividend declaration details and other alerts.
Apart from above mentioned facilities, we offer the facility of payment of Redemption/
Dividend Proceeds if any, via Direct Credit / RTGS / NEFT.
Investors should opt for the nomination facility to avoid hassles and inconveniences
in case of unforeseen events in future. Through this facility the AMC is not in
any way attempting to grant any rights other than those granted by law to the nominee(s).
A nomination in respect of the Units does not create an interest in the property
after the death of the Unit holder. The nominee(s) shall receive the Units only
as an agent and trustee for the legal heirs or legatees of the deceased Unitholder
as the case may be.
Minor(s) can be nominated and in such cases, the name, address and signature of
the parent/ legal guardian representing such minor nominee(s) shall be provided
by the Unit holder.
Only the following categories of Indian Residents can be nominated: (a) individuals
(b) minors through parent/legal guardian (c) religious and charitable trusts and
(d) Central Government, State Government, a local authority or any person designated
by virtue of his office.
The Nominee shall not be a trust other than a religious or charitable trust, society,
body corporate, partnership firm, Karta of Hindu Undivided Family or a Power of
A non-resident Indian can be a Nominee subject to the exchange controls in force
from time to time.
The terms and conditions for registration of nominee(s) are as under-
i. Nomination by a Unit holder shall be applicable for all the investments in all
schemes held in a particular folio.
ii. Every new nomination for a folio will overwrite the existing nomination. Nomination
will be subject to the provisions of the respective Scheme Information Document.
iii. Nomination shall not be allowed in a folio held on behalf of a ”Minor” Unit
iv. Nomination shall be mandatory for all new singly held folios of individual investors.
Investors who do not wish to nominate are required to provide a separate declaration,
confirming their non-intention to nominate. In case nomination/non-intention to
nominate is not provided by sole holder, the application is liable to be rejected.
v. Nomination can be made for maximum number of three nominees. In case of multiple
nominees, the percentage of allocation/share in whole numbers and without decimals
in favour of each of the nominees should be indicated against the name of the nominees.
Such allocation/ share should total to 100 percent. In the event of the Unit holder(s)
fail to indicate the percentage of allocation/share for each of the nominees, the
Fund/ AMC, by invoking default option shall settle the claim equally amongst all
vi. In case of multiple nominees, on the death of one or more nominee, the transmission
of units shall be made in favour of the surviving nominee(s).
vii. Cancellation of nomination can be made only by those Unit holder(s) who hold
Units on their own behalf either singly or jointly and who made the original nomination.
On cancellation of nomination, the nomination shall stand rescinded and the Fund/
AMC shall not be under any obligation to transmit the Units in favour of the nominee(s).
viii. In case of investors opting to hold the Units in demat form, the nomination
details provided by the investor to the depository participant will be applicable.
ix. Transmission of units in favour of Nominee(s) shall be valid discharge by the
AMC against the legal heirs.
10. PERMANENT ACCOUNT NUMBER
SEBI has made it mandatory for all applicants (in the case of application in joint
names, each of the applicants) to mention the permanent account number (PAN) irrespective
of the amount of investment (except as given below). Where the applicant is a minor,
and does not possess his / her own PAN, he / she shall quote the PAN of his/ her
natural parent/legal guardian, as the case may be. However, PAN is not mandatory
in the case of Central Government, State Government entities and the officials appointed
by the courts e.g. Official liquidator, Court receiver etc (under the category of
Government) for transacting in the securities market. Also, investors residing in
the state of Sikkim are exempt from the mandatory requirement of PAN, subject to
provision of PAN Exempt KYC Reference Number (PEKRN) acknowledgement and the AMC
verifying the veracity of the claim of the investors that they are residents of
Sikkim, by collecting sufficient documentary evidence. PAN card copy is not required
separately if PAN-based KYC acknowledgement letter is made available. The Fund reserves
the right to ascertain the status of such entities with adequate supporting documents.
Applications not complying with the above requirement may not be accepted/processed.
For further details, please refer Section ‘Permanent Account Number’ under Statement
of Additional Information available on our website www.mahindramutualfund.com
PAN Exempt Investments
SEBI vide its circular dated July 24, 2012 has clarified that investments in mutual
funds schemes (including investments in SIPs) of upto Rs. 50,000 per investor per
year across all schemes of the Fund shall be exempt from the requirement of PAN.
Accordingly, individuals (including Joint Holders who are individuals, NRIs but
not PIOs, Minors) and Sole proprietary firms who do not possess a PAN (“Eligible
Investors”)* are exempt from submission of PAN for investments upto Rs.50,000/ -
in a rolling 12 month period or in a financial year i.e. April to March. However,
Eligible Investors are required to undergo Know Your Customer (KYC) procedure with
any of the SEBI registered KYC Registration Authorities (KRA). Eligible Investors
must quote PAN Exempt KYC Reference Number (PEKRN) issued by the KRA under the KYC
acknowledgement letter while creating folio online. In case the applicant is a minor,
PAN /PEKRN details of the Guardian shall be submitted, as applicable. Eligible Investors
(i.e. the First Holder) must not possess a PAN at the time of submission of online
Eligible investors must hold only one PEKRN issued by any one of the KRAs. If an
application for investment together within investments made in a rolling 12 month
period or in a financial year exceeds Rs.50,000/-, such an application will be rejected.
Fresh / Additional Purchase and Systematic Investment Plans will be covered in the
limit of Rs.50,000/-. Investors may switch their investments to other Schemes. However,
if the amount per switch transaction is Rs.50,000/- or more, in accordance with
the extant Income Tax rules, investors will be required to furnish a copy of PAN
to the Fund.
The detailed procedures / requirements for accepting applications shall be as specified
by the AMC / Trustee from time to time and their decision in this behalf will be
final and binding.
*HUFs and other categories are not eligible for such investments.
11. PREVENTION OF MONEY LAUNDERING
SEBI vide its circular reference number ISD/CIR/ RR/AML/1/06 dated January 18, 2006
and other circulars issued from time to time, mandated that all intermediaries including
mutual funds should formulate and implement a proper policy framework as per the
guidelines on anti money laundering measures and also to adopt a Know Your Customer
The Investor(s) should ensure that the amount invested in the scheme(s) is through
legitimate sources only and does not involve and is not designated for the purpose
of any contravention or evasion of the provisions of the Income Tax Act, Prevention
of Money Laundering Act (PMLA), Prevention of Corruption Act and/ or any other applicable
law in force and also any laws enacted by the Government of India from to time or
any rules, regulations, notifications or directions issued thereunder.
To ensure appropriate identification of the Investor(s) and with a view to monitor
transactions for the prevention of money laundering, the Fund / AMC reserves the
right to seek information, record investor’s telephonic calls and or obtain and
retain documentation for establishing the identity of the Investor(s), their beneficial
ownership, proof of residence, source of funds, etc. It may re-verify identity and
obtain any incomplete or additional information for this purpose.
The Fund, AMC, Mahindra Trustee Company Private Limited (“Trustee”) and their Directors,
employees and agents shall not be liable in any manner for any claims arising whatsoever
on account of freezing the folios/rejection of any application / allotment of Units
or mandatory redemption of Units due to non compliance with the provisions of PMLA,
SEBI/ AMFI circular(s) and KYC policy and / or where the AMC believes that transaction
is suspicious in nature within the purview of the PMLA and SEBI/AMFI circular(s)
and reporting the same to FIU-IND.
Kindly enter the 4-digit OTP sent on your registered contact details.
Looks like your PAN is not KYC compliant but you can fix this!
We can’t send you an OTP as your mobile number or email ID is not linked to your PAN.
Kindly download the form and submit to your nearest branch.
We were trying to fetch your KYC status but the request was timed out.
Please try again in some time.
If you still face this issue, do get in touch with our customer service team.
Toll Free -
1800 419 6244
The information and data contained in this Website do not constitute distribution,
an offer to buy or sell or solicitation of an offer to buy or sell any Schemes/Units
of Mahindra Mutual Fund in any jurisdiction in which such distribution, sale or
offer is not authorised. The material/information provided in this Website is for
the limited purposes of information only for the investors. In particular, the information
herein is not for distribution and does not constitute an offer to buy or sell or
solicitation of an offer to buy or sell any Schemes/Units of Mahindra Mutual Fund
to any person in the United States of America ('USA')/Canada.
By entering this Website or accessing any data contained in this Website, I/We hereby
confirm that I/We am/are not a U.S. person, within the definition of the term 'US
Person' under the US Securities laws/resident of Canada. I/We hereby confirm that
I/We am/are not giving a false confirmation and/or disguising my/our country of
residence. I/We agree and acknowledge that Mahindra Mutual Fund/Mahindra Asset Management
Company Private Limited (Mahindra AMC) is relying upon my/our confirmation and in
no event shall the directors, officers, employees, trustees, agents of Mahindra
AMC associate/group companies be liable for any direct, indirect, incidental or
consequential damages arising out of false confirmation provided herein.