Open-ended Growth Schemes Open-ended Equity Schemes Open-ended Balanced Schemes Open-ended Equity Linked Savings Schemes Open-ended Index Linked Scheme Open-ended Monthly Income Scheme Sponsors : Housing Development Finance Corporation Limited Registered Office : Ramon House, H. T. Parekh Marg, 169, Backbay Reclamation, Churchgate, Mumbai 400 020. Standard Life Investments Limited Registered Office : 1 George Street, Edinburgh, EH2 2LL United Kingdom. Asset Management Company : HDFC Asset Management Company Limited A Joint Venture with Standard Life Investments Limited Registered Office : Ramon House, 3rd Floor, H. T. Parekh Marg, 169, Backbay Reclamation, Churchgate, Mumbai 400 020. Trustee : HDFC Trustee Company Limited Registered Office : Ramon House, 3rd Floor, H. T. Parekh Marg, 169, Backbay Reclamation, Churchgate, Mumbai 400 020. 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(s) (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.hdfcfund.com 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. The date of this Key Information Memorandum is April 27, 2011.
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Open-ended Growth Schemes
Open-ended Equity Schemes
Open-ended Balanced Schemes
Open-ended Equity Linked Savings Schemes
Open-ended Index Linked Scheme
Open-ended Monthly Income Scheme
Sponsors :Housing Development Finance Corporation LimitedRegistered Office :Ramon House, H. T. Parekh Marg,169, Backbay Reclamation,Churchgate, Mumbai 400 020.
Standard Life Investments LimitedRegistered Office :1 George Street, Edinburgh, EH2 2LLUnited Kingdom.
Asset Management Company :HDFC Asset Management Company LimitedA Joint Venture with Standard Life Investments LimitedRegistered Office :Ramon House, 3rd Floor,H. T. Parekh Marg,169, Backbay Reclamation,Churchgate, Mumbai 400 020.
Trustee :HDFC Trustee Company LimitedRegistered Office :Ramon House, 3rd Floor,H. T. Parekh Marg,169, Backbay Reclamation,Churchgate, Mumbai 400 020.
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(s) (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.hdfcfund.com
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. The date of this Key Information Memorandum is April 27, 2011.
SCHEMES OFFERED TABLE OF CONTENTS
Page No.
HDFC Growth Fund (HGF)........ ....................... 1
HDFC Equity Fund (HEF)............................................ 2
HDFC Top 200 Fund (HT200).................................... 3
HDFC Capital Builder Fund (HCBF)............................ 4
HDFC Core & Satellite Fund (HCSF)........................... 5
HDFC Premier Multi-Cap Fund (HPMCF).................... 6
HDFC Mid-Cap Opportunities Fund (HMCOF)............ 8
HDFC Long Term Equity Fund (HLTEF)........................ 10
HDFC Infrastructure Fund (HINF)................................ 12
HDFC Arbitrage Fund (HAF)....................................... 14
HDFC Balanced Fund (HBF)........................................ 16
HDFC Prudence Fund (HPF)........................................ 17
HDFC Long Term Advantage Fund (HLTAF)................ 18
HDFC Index Fund (HIF) .............................................. 20
HDFC MF Monthly Income Plan (HMIP)...................... 22
Information Common to Schemes............................. 24
.........Open-Ended Growth Schemes
HDFC Growth Fund (HGF)
HDFC Equity Fund (HEF)
HDFC Top 200 Fund (HT200)
HDFC Capital Builder Fund (HCBF)
HDFC Core & Satellite Fund (HCSF)
HDFC Premier Multi-Cap Fund (HPMCF)
Open- nded Equity Schemes
HDFC Mid-Cap Opportunities Fund (HMCOF)
HDFC Long Term Equity Fund (HLTEF)
HDFC Infrastructure Fund (HINF)
HDFC Arbitrage Fund (HAF)
Open- nded Balanced Schemes
HDFC Balanced Fund (HBF)
HDFC Prudence Fund (HPF)
Open- nded Equity Linked Savings Schemes
(Lock-in period : 3 years)
HDFC Long Term Advantage Fund (HLTAF)
HDFC TaxSaver (HTS)
Open- nded Index Linked Scheme
HDFC Index Fund (HIF)
Open- nded Monthly Income Scheme
HDFC MF Monthly Income Plan (HMIP)
(An open-ended Income Scheme. Monthly Income is not assured and is subject to availability of distributable surplus)
E
E
E
E
E
Key Information Memorandum 1
Name & TName & TName & TName & TName & Type of Schemeype of Schemeype of Schemeype of Schemeype of Scheme HDFC Growth Fund (HGF)HDFC Growth Fund (HGF)HDFC Growth Fund (HGF)HDFC Growth Fund (HGF)HDFC Growth Fund (HGF) (An Open-ended Growth Scheme)Investment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment Objective To generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity-
related instruments.Asset AllocationAsset AllocationAsset AllocationAsset AllocationAsset Allocation TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments Normal AllocationNormal AllocationNormal AllocationNormal AllocationNormal AllocationPPPPPattern of the Schemeattern of the Schemeattern of the Schemeattern of the Schemeattern of the Scheme (% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)
Equities & Equity related instruments 80 - 100Debt Securities, Money Market instruments & Cash (including CBLO/Reverse Repos) 0 - 20The Scheme may seek investment opportunity in the ADR / GDR / Foreign Equity and Debt Securities subjectto SEBI (Mutual Funds) Regulations, 1996. Maximum exposure to investment in Foreign Debt Securities will berestricted to 20% of the net assets. The Scheme may use derivatives mainly for the purpose of hedging andportfolio balancing (max. 20% of net assets) based on the opportunities available subject to SEBI (Mutual Funds)Regulations, 1996. The Scheme will not invest in Foreign Securitised Debt.
Investment StrategyInvestment StrategyInvestment StrategyInvestment StrategyInvestment Strategy The Scheme is an open-ended equity scheme that invests predominantly in equity and equity related instruments.The following are the five basic principles that serve as the foundation for this investment approach :i) Focus on the long term;ii) Investments confer proportionate ownership;iii) Maintain a margin of safety;iv) Maintain a balanced outlook on the market;v) Disciplined approach to sellingA part of the net assets of the Scheme may be invested in debt securities and money market instruments.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Comparison of ExistingComparison of ExistingComparison of ExistingComparison of ExistingComparison of Existing For Comparison of Existing Schemes, Risk Mitigation Strategy, Asset Under Management (AUM) andSchemes & RiskSchemes & RiskSchemes & RiskSchemes & RiskSchemes & Risk Number of Folios, please refer to point 1 on pages 24 - 30 for details.Mitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the Scheme Please refer to point 2 on pages 31 - 33 for details.
Plans and OptionsPlans and OptionsPlans and OptionsPlans and OptionsPlans and Options PlansPlansPlansPlansPlans ::::: • NilOptionsOptionsOptionsOptionsOptions ::::: • Growth Option • Dividend Option
Dividend Option offers Payout* and Reinvestment facility.* If the dividend amount payable to the Unitholders under the Dividend Payout Option of the Scheme is equal to orless than the threshold limit of A 500, then such dividend amount will be compulsorily & automatically reinvested inthe Scheme. Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAVVVVV Please refer to point 3 on page 32 - 33 for details.Minimum ApplicationMinimum ApplicationMinimum ApplicationMinimum ApplicationMinimum Application PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchaseAmount / Number of Amount / Number of Amount / Number of Amount / Number of Amount / Number of UnitsUnitsUnitsUnitsUnits(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option) A 5,000 and any amount thereafter. A 1,000 and any amount thereafter. A 500 or minimum of 50 unitsDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the official points of acceptance of HDFC Mutual(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request Fund.Benchmark IndexBenchmark IndexBenchmark IndexBenchmark IndexBenchmark Index SENSEX. Please refer point 9 on page 33 for further details.Dividend PDividend PDividend PDividend PDividend Policyolicyolicyolicyolicy Please refer to point 4 on page 33 for details.Name of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund Manager Mr. Srinivas Rao Ravuri
Mr. Miten Lathia (Dedicated Fund Manager for Overseas Investments)Name of the TName of the TName of the TName of the TName of the Trustee Companyrustee Companyrustee Companyrustee Companyrustee Company HDFC Trustee Company LimitedPPPPPerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Scheme HDFC Growth Fund - Growth OptionHDFC Growth Fund - Growth OptionHDFC Growth Fund - Growth OptionHDFC Growth Fund - Growth OptionHDFC Growth Fund - Growth Option Absolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last 5 year for last 5 year for last 5 year for last 5 year for last 5 years^ears^ears^ears^ears^(as at March 31, 2011)(as at March 31, 2011)(as at March 31, 2011)(as at March 31, 2011)(as at March 31, 2011) PPPPPerioderioderioderioderiod ReturnsReturnsReturnsReturnsReturns Benchmark Benchmark Benchmark Benchmark Benchmark
(%)^(%)^(%)^(%)^(%)^ ReturReturReturReturReturnnnnns (%)#s (%)#s (%)#s (%)#s (%)#Last 1 Year (365 days) 18.04 10.94Last 3 Years (1095 days) 12.27 7.52Last 5 Years (1826 days) 16.35 11.50Last 10 Years (3653 days) 27.95 18.34Since Inception* (3853 days) 22.87 14.41^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustainedy not be sustainedy not be sustainedy not be sustainedy not be sustainedin the futurein the futurein the futurein the futurein the futureAbove returns are compounded annualized (CAGR).*Inception Date: September 11, ’00# SENSEX
Expenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the Scheme Continuous Offer PContinuous Offer PContinuous Offer PContinuous Offer PContinuous Offer Perioderioderioderioderiod( i )( i )( i )( i )( i ) Load StructureLoad StructureLoad StructureLoad StructureLoad Structure Entry Load:Entry Load:Entry Load:Entry Load:Entry Load: Not ApplicableNot ApplicableNot ApplicableNot ApplicableNot Applicable
Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based onthe investors’ assessment of various factors including the service rendered by the ARN Holder.Exit Load :Exit Load :Exit Load :Exit Load :Exit Load :• In respect of eacheacheacheacheach purchase / switch-in of units, an Exit Load of 1.00% is payable if Units are redeemed /
switched-out within 1 year from the date of allotment.• No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.Please refer point no 5 on page 33 for further details on load structure.The Trustee reserves the right to change / modify the load structure from a prospective date.
( i i )( i i )( i i )( i i )( i i ) Recurring ExpensesRecurring ExpensesRecurring ExpensesRecurring ExpensesRecurring Expenses First A 100 crores 2.50(% of weekly average(% of weekly average(% of weekly average(% of weekly average(% of weekly average Next A 300 crores 2.25 Actual expenses for the previous financial year endedNet Assets)Net Assets)Net Assets)Net Assets)Net Assets) Next A 300 crores 2.00 March 31, 2011 (Unaudited) :1.97% p.a.
Balance 1.75Waiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for Direct Not Applicable. Please refer to point 6 on page 33 for details.ApplicationsApplicationsApplicationsApplicationsApplicationsTTTTTax treatment for theax treatment for theax treatment for theax treatment for theax treatment for the Investors are advised to refer to the Section on ‘T‘T‘T‘T‘Taxation on invaxation on invaxation on invaxation on invaxation on investing in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ in the ‘Statement of‘Statement of‘Statement of‘Statement of‘Statement ofInvestors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders) Additional Information’Additional Information’Additional Information’Additional Information’Additional Information’ and to consult their own tax advisors with respect to the specific amount of tax and other
implications arising out of their participation in the Scheme.Daily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset Value (NAalue (NAalue (NAalue (NAalue (NAV)V)V)V)V) The NAV will be declared on all Business Days and will be published in 2 newspapers NAV can also be viewed onPublicationPublicationPublicationPublicationPublication wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com and wwwwwwwwwwwwwww.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com. Investors may also contact any of the Investor Service Centres
(ISCs) of HDFC Mutual Fund.For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances, Please refer to point 7 on page 33 for details.Please contactPlease contactPlease contactPlease contactPlease contactUnit holder’Unit holder’Unit holder’Unit holder’Unit holder’s Informations Informations Informations Informations Information Please refer to point 8 on page 33 for details.
‡ Due to an overall sharp rise in the stock prices
Investment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment Objective To achieve capital appreciation.Asset AllocationAsset AllocationAsset AllocationAsset AllocationAsset Allocation TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments Normal AllocationNormal AllocationNormal AllocationNormal AllocationNormal AllocationPPPPPattern of the Schemeattern of the Schemeattern of the Schemeattern of the Schemeattern of the Scheme (% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)
Equities & Equity related instruments 80 - 100Debt and Money Market instruments* 0 - 20*Investment in Securitised debt, if undertaken, would not exceed 20% of the net assets of the Scheme.The Scheme may seek investment opportunity in the ADR / GDR / Foreign Equity and Debt Securities (max. 40%of net assets) subject to SEBI (Mutual Funds) Regulations, 1996. The Scheme may use derivatives mainly for thepurpose of hedging and portfolio balancing (max. 25% of net assets) based on the opportunities available subjectto SEBI (Mutual Funds) Regulations, 1996.
Investment StrategyInvestment StrategyInvestment StrategyInvestment StrategyInvestment Strategy The Scheme is an open-ended equity scheme that invests predominantly in equity and equity related instruments. TheScheme invests predominantly in growth companies. Companies selected under this portfolio would as far as practicableconsist of medium to large sized companies which :a) are likely to achieve above average growth than the industry;b) enjoy distinct competitive advantages; andc) have superior financial strengths.A part of the net assets of the Scheme may be invested in debt securities and money market instruments.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Comparison of ExistingComparison of ExistingComparison of ExistingComparison of ExistingComparison of Existing For Comparison of Existing Schemes, Risk Mitigation Strategy, Asset Under Management (AUM) andSchemes & RiskSchemes & RiskSchemes & RiskSchemes & RiskSchemes & Risk Number of Folios, please refer to point 1 on pages 24 - 30 for details.Mitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the Scheme Please refer to point 2 on pages 31 - 33 for details.Plans and OptionsPlans and OptionsPlans and OptionsPlans and OptionsPlans and Options PlansPlansPlansPlansPlans ::::: • Nil
* If the dividend amount payable to the Unitholders under the Dividend Payout Option of the Scheme is equal to orless than the threshold limit of A 500, then such dividend amount will be compulsorily & automatically reinvested inthe Scheme. Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAVVVVV Please refer to point 3 on page 32 - 33 for details.Minimum ApplicationMinimum ApplicationMinimum ApplicationMinimum ApplicationMinimum Application PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchaseAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of Units(Under each Plan/ Option)(Under each Plan/ Option)(Under each Plan/ Option)(Under each Plan/ Option)(Under each Plan/ Option) A 5,000 and any amount thereafter. A 1,000 and any amount thereafter. A 500 or minimum of 50 unitsDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the official points of acceptance of HDFC Mutual(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request Fund.Benchmark IndexBenchmark IndexBenchmark IndexBenchmark IndexBenchmark Index S&P CNX 500. Please refer point 9 on page 33 for further details.Dividend PDividend PDividend PDividend PDividend Policyolicyolicyolicyolicy Please refer to point 4 on page 33 for details.Name of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund Manager Mr. Prashant Jain
Mr. Miten Lathia (Dedicated Fund Manager for Overseas Investments)Name of the TName of the TName of the TName of the TName of the Trustee Companyrustee Companyrustee Companyrustee Companyrustee Company HDFC Trustee Company LimitedPPPPPerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Scheme HDFC Equity Fund - Growth OptionHDFC Equity Fund - Growth OptionHDFC Equity Fund - Growth OptionHDFC Equity Fund - Growth OptionHDFC Equity Fund - Growth Option Absolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last 5 year for last 5 year for last 5 year for last 5 year for last 5 years^ears^ears^ears^ears^(as at (as at (as at (as at (as at March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011) PPPPPerioderioderioderioderiod ReturnsReturnsReturnsReturnsReturns Benchmark Benchmark Benchmark Benchmark Benchmark
(%)^(%)^(%)^(%)^(%)^ Returns (%)#Returns (%)#Returns (%)#Returns (%)#Returns (%)#Last 1 Year (365 days) 19.89 7.26Last 3 Years (1095 days) 19.55 6.54Last 5 Years (1826 days) 17.37 9.71Last 10 Years (3653 days) 32.90 19.87Last 15 Years (5480 days) 27.88 13.40Since Inception* (5933 days) 22.84 10.06
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustainedy not be sustainedy not be sustainedy not be sustainedy not be sustainedin the futurein the futurein the futurein the futurein the futureAbove returns are compounded annualized (CAGR).*Inception Date: January 01, ’95# S&P CNX 500
Expenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the Scheme Continuous Offer PContinuous Offer PContinuous Offer PContinuous Offer PContinuous Offer Perioderioderioderioderiod( i )( i )( i )( i )( i ) Load StructureLoad StructureLoad StructureLoad StructureLoad Structure Entry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not Applicable
Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on theinvestors’ assessment of various factors including the service rendered by the ARN Holder.Exit Load :Exit Load :Exit Load :Exit Load :Exit Load :• In respect of eacheacheacheacheach purchase / switch-in of units, an Exit Load of 1.00% is payable if Units are redeemed /
switched-out within 1 year from the date of allotment.• No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.Please refer point no 5 on page 33 for further details on load structure.The Trustee reserves the right to change / modify the load structure from a prospective date.
( i i )( i i )( i i )( i i )( i i ) Recurring ExpensesRecurring ExpensesRecurring ExpensesRecurring ExpensesRecurring Expenses First A 100 crores 2.50(% of weekly average(% of weekly average(% of weekly average(% of weekly average(% of weekly average Next A 300 crores 2.25 Actual expenses for the previous financial year endedNet Assets)Net Assets)Net Assets)Net Assets)Net Assets) Next A 300 crores 2.00 March 31, 2011 (Unaudited) : 1.79% p.a.
Balance 1.75Waiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for Direct Not Applicable. Please refer to point 6 on page 33 for details.ApplicationsApplicationsApplicationsApplicationsApplicationsTTTTTax treatment for theax treatment for theax treatment for theax treatment for theax treatment for the Investors are advised to refer to the Section on ‘T‘T‘T‘T‘Taxation on invaxation on invaxation on invaxation on invaxation on investing in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ in the ‘Statement of‘Statement of‘Statement of‘Statement of‘Statement ofInvestors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders) Additional Information’Additional Information’Additional Information’Additional Information’Additional Information’ and to consult their own tax advisors with respect to the specific amount of tax and other
implications arising out of their participation in the Scheme.Daily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset Value (NAalue (NAalue (NAalue (NAalue (NAV)V)V)V)V) The NAV will be declared on all Business Days and will be published in 2 newspapers NAV can also be viewed onPublicationPublicationPublicationPublicationPublication wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com and wwwwwwwwwwwwwww.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com. Investors may also contact any of the Investor Service Centres
(ISCs) of HDFC Mutual Fund.For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances, Please refer to point 7 on page 33 for details.Please contactPlease contactPlease contactPlease contactPlease contactUnit holder’Unit holder’Unit holder’Unit holder’Unit holder’s Informations Informations Informations Informations Information Please refer to point 8 on page 33 for details.
Name & TName & TName & TName & TName & Type of Schemeype of Schemeype of Schemeype of Schemeype of Scheme HDFC Equity Fund (HEF)HDFC Equity Fund (HEF)HDFC Equity Fund (HEF)HDFC Equity Fund (HEF)HDFC Equity Fund (HEF) (An Open-ended Growth Scheme)
‡ Due to an overall sharp rise in the stock prices
Key Information Memorandum 3
Name & TName & TName & TName & TName & Type of Schemeype of Schemeype of Schemeype of Schemeype of Scheme HDFC THDFC THDFC THDFC THDFC Top 200 Fund (HT200)op 200 Fund (HT200)op 200 Fund (HT200)op 200 Fund (HT200)op 200 Fund (HT200) (An Open-ended Growth Scheme)Investment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment Objective To generate long term capital appreciation from a portfolio of equity and equity-linked instruments primarily
drawn from the companies in BSE 200 index.Asset AllocationAsset AllocationAsset AllocationAsset AllocationAsset Allocation TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments Normal AllocationNormal AllocationNormal AllocationNormal AllocationNormal AllocationPPPPPattern of the Schemeattern of the Schemeattern of the Schemeattern of the Schemeattern of the Scheme (% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)
Equity & Equity linked instruments Upto 100% (including use of derivatives for hedging andother uses as permitted by prevailing SEBI Regulations)
Debt and money market instruments* Balance in debt and money market instruments*Investment in Securitised debt, if undertaken, would not exceed 20% of the net assets of the Scheme.The Scheme may seek investment opportunity in the ADR / GDR / Foreign Equity and Debt Securities (max.40% of net assets) subject to SEBI (Mutual Funds) Regulations, 1996. The Scheme may use derivatives mainlyfor the purpose of hedging and portfolio balancing (max. 25% of net assets) based on the opportunities availablesubject to SEBI (Mutual Funds) Regulations, 1996.
Investment StrategyInvestment StrategyInvestment StrategyInvestment StrategyInvestment Strategy This Scheme is an open-ended equity scheme that predominantly invests in equity and equity related instruments. The netassets of the Scheme’s portfolio consist of equity and equity-linked instruments primarily drawn from the companies inBSE 200 index. A part of the net assets of the Scheme may be invested in debt securities and money market instruments.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Comparison of ExistingComparison of ExistingComparison of ExistingComparison of ExistingComparison of Existing For Comparison of Existing Schemes, Risk Mitigation Strategy, Asset Under Management (AUM) andSchemes & RiskSchemes & RiskSchemes & RiskSchemes & RiskSchemes & Risk Number of Folios, please refer to point 1 on pages 24 - 30 for details.Mitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the Scheme Please refer to point 2 on pages 31-33 for details.Plans and OptionsPlans and OptionsPlans and OptionsPlans and OptionsPlans and Options PlansPlansPlansPlansPlans ::::: • Nil
* If the dividend amount payable to the Unitholders under the Dividend Payout Option of the Scheme is equal to orless than the threshold limit of A 500, then such dividend amount will be compulsorily & automatically reinvested inthe Scheme. Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAVVVVV Please refer to point 3 on page 32 - 33 for details.Minimum ApplicationMinimum ApplicationMinimum ApplicationMinimum ApplicationMinimum Application PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchaseAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of Units(Under each Plan/ Option)(Under each Plan/ Option)(Under each Plan/ Option)(Under each Plan/ Option)(Under each Plan/ Option) A 5,000 and any amount thereafter. A 1,000 and any amount thereafter. A 500 or minimum of 50 unitsDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the official points of acceptance of HDFC Mutual(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request Fund.Benchmark IndexBenchmark IndexBenchmark IndexBenchmark IndexBenchmark Index BSE 200Dividend PDividend PDividend PDividend PDividend Policyolicyolicyolicyolicy Please refer to point 4 on page 33 for details.Name of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund Manager Mr. Prashant Jain
Mr. Miten Lathia (Dedicated Fund Manager for Overseas Investments)Name of the TName of the TName of the TName of the TName of the Trustee Companyrustee Companyrustee Companyrustee Companyrustee Company HDFC Trustee Company LimitedPPPPPerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Scheme HDFC THDFC THDFC THDFC THDFC Top 200 Fund - Groop 200 Fund - Groop 200 Fund - Groop 200 Fund - Groop 200 Fund - Growth Optionwth Optionwth Optionwth Optionwth Option Absolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last 5 year for last 5 year for last 5 year for last 5 year for last 5 years^ears^ears^ears^ears^(as at (as at (as at (as at (as at March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011) PPPPPerioderioderioderioderiod ReturnsReturnsReturnsReturnsReturns Benchmark Benchmark Benchmark Benchmark Benchmark
(%)$$^(%)$$^(%)$$^(%)$$^(%)$$^ Returns (%)#Returns (%)#Returns (%)#Returns (%)#Returns (%)#Last 1 Year (365 days) 17.14 8.15Last 3 Years (1095 days) 17.84 7.17Last 5 Years (1826 days) 17.45 10.98Last 10 Years (3653 days) 31.63 20.54Since Inception* (5284 days) 25.32 15.02
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustainedy not be sustainedy not be sustainedy not be sustainedy not be sustainedin the futurein the futurein the futurein the futurein the futureAbove returns are compounded annualized (CAGR).*Inception Date: October 11, ’96# BSE 200$$ All dividends declared prior to the splitting of theScheme into Dividend & Growth Options areassumed to be reinvested in the units of the Schemeat the then prevailing NAV (ex-dividend NAV).
Expenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the Scheme Continuous Offer PContinuous Offer PContinuous Offer PContinuous Offer PContinuous Offer Perioderioderioderioderiod( i )( i )( i )( i )( i ) Load StructureLoad StructureLoad StructureLoad StructureLoad Structure Entry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not Applicable
Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on theinvestors’ assessment of various factors including the service rendered by the ARN Holder.Exit Load :Exit Load :Exit Load :Exit Load :Exit Load :• In respect of eacheacheacheacheach purchase / switch-in of units, an Exit Load of 1.00% is payable if Units are redeemed /
switched-out within 1 year from the date of allotment.• No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.Please refer point no 5 on page 33 for further details on load structure.The Trustee reserves the right to change / modify the load structure from a prospective date.
( i i )( i i )( i i )( i i )( i i ) Recurring ExpensesRecurring ExpensesRecurring ExpensesRecurring ExpensesRecurring Expenses First A 100 crores 2.50(% of weekly average(% of weekly average(% of weekly average(% of weekly average(% of weekly average Next A 300 crores 2.25 Actual expenses for the previous financial year endedNet Assets)Net Assets)Net Assets)Net Assets)Net Assets) Next A 300 crores 2.00 March 31, 2011 (Unaudited) : 1.78% p.a.
Balance 1.75Waiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for Direct Not Applicable. Please refer to point 6 on page 33 for details.ApplicationsApplicationsApplicationsApplicationsApplicationsTTTTTax treatment for theax treatment for theax treatment for theax treatment for theax treatment for the Investors are advised to refer to the Section on ‘T‘T‘T‘T‘Taxation on invaxation on invaxation on invaxation on invaxation on investing in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ in the ‘Statement of‘Statement of‘Statement of‘Statement of‘Statement ofInvestors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders) Additional Information’Additional Information’Additional Information’Additional Information’Additional Information’ and to consult their own tax advisors with respect to the specific amount of tax and other
implications arising out of their participation in the Scheme.Daily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset Value (NAalue (NAalue (NAalue (NAalue (NAV)V)V)V)V) The NAV will be declared on all Business Days and will be published in 2 newspapers NAV can also be viewed onPublicationPublicationPublicationPublicationPublication wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com and wwwwwwwwwwwwwww.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com. Investors may also contact any of the Investor Service Centres
(ISCs) of HDFC Mutual Fund.For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances, Please refer to point 7 on page 33 for details.Please contactPlease contactPlease contactPlease contactPlease contactUnit holder’Unit holder’Unit holder’Unit holder’Unit holder’s Informations Informations Informations Informations Information Please refer to point 8 on page 33 for details.
‡ Due to an overall sharp rise in the stock prices
4 HDFC Mutual Fund
Investment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment Objective To achieve capital appreciation in the long term.Asset AllocationAsset AllocationAsset AllocationAsset AllocationAsset Allocation TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments Normal AllocationNormal AllocationNormal AllocationNormal AllocationNormal AllocationPPPPPattern of the Schemeattern of the Schemeattern of the Schemeattern of the Schemeattern of the Scheme (% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)
Equities & Equity related instruments Upto 100Debt and Money Market instruments* Not more than 20*Investment in Securitised debt, if undertaken, would not exceed 20% of the net assets of the Scheme.The Scheme may seek investment opportunity in the ADR / GDR / Foreign Equity and Debt Securities (max. 40%of net assets) subject to SEBI (Mutual Funds) Regulations, 1996. The Scheme may use derivatives mainly for thepurpose of hedging and portfolio balancing (max. 25% of net assets) based on the opportunities available subjectto SEBI (Mutual Funds) Regulations, 1996.
Investment StrategyInvestment StrategyInvestment StrategyInvestment StrategyInvestment Strategy This Scheme is an open-ended equity scheme that predominantly invests in equity and equity related instruments. The netassets of the Scheme’s portfolio consist of strong companies at prices which are quoting below fair value, in the opinion of theFund Manager. A part of the net assets of the Scheme may be invested in debt securities and money market instruments.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Comparison of ExistingComparison of ExistingComparison of ExistingComparison of ExistingComparison of Existing For Comparison of Existing Schemes, Risk Mitigation Strategy, Asset Under Management (AUM) andSchemes & RiskSchemes & RiskSchemes & RiskSchemes & RiskSchemes & Risk Number of Folios, please refer to point 1 on pages 24 - 30 for details.Mitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the Scheme Please refer to point 2 on pages 31 - 33 for details.
Plans and OptionsPlans and OptionsPlans and OptionsPlans and OptionsPlans and Options PlansPlansPlansPlansPlans ::::: • NilOptionsOptionsOptionsOptionsOptions ::::: • Growth Option • Dividend Option
Dividend Option offers Payout* and Reinvestment facility.* If the dividend amount payable to the Unitholders under the Dividend Payout Option of the Scheme is equal to orless than the threshold limit of A 500, then such dividend amount will be compulsorily & automatically reinvested inthe Scheme. Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAVVVVV Please refer to point 3 on page 32 - 33 for details.Minimum ApplicationMinimum ApplicationMinimum ApplicationMinimum ApplicationMinimum Application PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchaseAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of Units(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option) A 5,000 and any amount thereafter. A 1,000 and any amount thereafter. A 500 or minimum of 50 unitsDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the official points of acceptance of HDFC Mutual Fund.(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) RequestBenchmark IndexBenchmark IndexBenchmark IndexBenchmark IndexBenchmark Index S&P CNX 500. Please refer point 9 on page 33 for further details.Dividend PDividend PDividend PDividend PDividend Policyolicyolicyolicyolicy Please refer to point 4 on page 33 for details.Name of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund Manager Mr. Chirag Setalvad
Mr. Miten Lathia (Dedicated Fund Manager for Overseas Investments)Name of the TName of the TName of the TName of the TName of the Trustee Companyrustee Companyrustee Companyrustee Companyrustee Company HDFC Trustee Company LimitedPPPPPerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Scheme HDFC Capital Builder Fund - Growth OptionHDFC Capital Builder Fund - Growth OptionHDFC Capital Builder Fund - Growth OptionHDFC Capital Builder Fund - Growth OptionHDFC Capital Builder Fund - Growth Option Absolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last 5 year for last 5 year for last 5 year for last 5 year for last 5 years^ears^ears^ears^ears^(as at March 31, 2011)(as at March 31, 2011)(as at March 31, 2011)(as at March 31, 2011)(as at March 31, 2011) PPPPPerioderioderioderioderiod ReturnsReturnsReturnsReturnsReturns Benchmark Benchmark Benchmark Benchmark Benchmark
(%)^(%)^(%)^(%)^(%)^ Returns (%)#Returns (%)#Returns (%)#Returns (%)#Returns (%)#Last 1 Year (365 days) 14.94 7.26Last 3 Years (1095 days) 13.73 6.54Last 5 Years (1826 days) 13.17 9.71Last 10 Years (3653 days) 27.01 19.87Last 15 Years (5480 days) 19.54 13.40Since Inception* (6267 days) 15.09 8.94
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustainedy not be sustainedy not be sustainedy not be sustainedy not be sustainedin the futurein the futurein the futurein the futurein the futureAbove returns are compounded annualized (CAGR).*Inception Date: February 1, ’94# S&P CNX 500
Expenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the Scheme Continuous Offer PContinuous Offer PContinuous Offer PContinuous Offer PContinuous Offer Perioderioderioderioderiod( i )( i )( i )( i )( i ) Load StructureLoad StructureLoad StructureLoad StructureLoad Structure Entry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not Applicable
Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based onthe investors’ assessment of various factors including the service rendered by the ARN Holder.Exit Load :Exit Load :Exit Load :Exit Load :Exit Load :• In respect of eacheacheacheacheach purchase / switch-in of units, an Exit Load of 1.00% is payable if Units are redeemed /
switched-out within 1 year from the date of allotment.• No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.Please refer point no 5 on page 33 for further details on load structure.The Trustee reserves the right to change / modify the load structure from a prospective date.
( i i )( i i )( i i )( i i )( i i ) Recurring ExpensesRecurring ExpensesRecurring ExpensesRecurring ExpensesRecurring Expenses First A 100 crores 2.50(% of weekly average(% of weekly average(% of weekly average(% of weekly average(% of weekly average Next A 300 crores 2.25 Actual expenses for the previous financial year endedNet Assets)Net Assets)Net Assets)Net Assets)Net Assets) Next A 300 crores 2.00 March 31, 2011 (Unaudited) : 2.20% p.a.
Balance 1.75Waiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for Direct Not Applicable. Please refer to point 6 on page 33 for details.ApplicationsApplicationsApplicationsApplicationsApplicationsTTTTTax treatment for theax treatment for theax treatment for theax treatment for theax treatment for the Investors are advised to refer to the Section on ‘T‘T‘T‘T‘Taxation on invaxation on invaxation on invaxation on invaxation on investing in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ in the ‘Statement of‘Statement of‘Statement of‘Statement of‘Statement ofInvestors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders) Additional Information’Additional Information’Additional Information’Additional Information’Additional Information’ and to consult their own tax advisors with respect to the specific amount of tax and other
implications arising out of their participation in the Scheme.Daily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset Value (NAalue (NAalue (NAalue (NAalue (NAV)V)V)V)V) The NAV will be declared on all Business Days and will be published in 2 newspapers NAV can also be viewed onPublicationPublicationPublicationPublicationPublication wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com and wwwwwwwwwwwwwww.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com. Investors may also contact any of the Investor Service Centres
(ISCs) of HDFC Mutual Fund.For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances, Please refer to point 7 on page 33 for details.Please contactPlease contactPlease contactPlease contactPlease contactUnit holder’Unit holder’Unit holder’Unit holder’Unit holder’s Informations Informations Informations Informations Information Please refer to point 8 on page 33 for details.
Name & TName & TName & TName & TName & Type of Schemeype of Schemeype of Schemeype of Schemeype of Scheme HDFC Capital Builder Fund (HCBF)HDFC Capital Builder Fund (HCBF)HDFC Capital Builder Fund (HCBF)HDFC Capital Builder Fund (HCBF)HDFC Capital Builder Fund (HCBF) (An Open-ended Growth Scheme)
‡ Due to an overall sharp rise in the stock prices
Key Information Memorandum 5
Name & TName & TName & TName & TName & Type of Schemeype of Schemeype of Schemeype of Schemeype of Scheme HDFC Core & Satellite Fund (HCSF)HDFC Core & Satellite Fund (HCSF)HDFC Core & Satellite Fund (HCSF)HDFC Core & Satellite Fund (HCSF)HDFC Core & Satellite Fund (HCSF) (An Open-ended Growth Scheme)Investment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment Objective To generate capital appreciation through equity investment in companies whose shares are quoting at prices
below their true value.Asset AllocationAsset AllocationAsset AllocationAsset AllocationAsset Allocation TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments Normal AllocationNormal AllocationNormal AllocationNormal AllocationNormal AllocationPPPPPattern of the Schemeattern of the Schemeattern of the Schemeattern of the Schemeattern of the Scheme (% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)
Equities & Equity related instruments 90 - 95Fixed Income Securities (including securitised debt of upto 10% of net assets & 5 - 10Money Market instruments)The Scheme may seek investment opportunity in the ADR / GDR / Foreign Equity and Debt Securities (max. 25%of net assets) subject to SEBI (Mutual Funds) Regulations, 1996. The Scheme may use derivatives mainly for thepurpose of hedging and portfolio balancing (max. 50% of net assets) based on the opportunities available subjectto SEBI (Mutual Funds) Regulations, 1996.
Investment StrategyInvestment StrategyInvestment StrategyInvestment StrategyInvestment Strategy This Scheme is an open-ended equity scheme that predominantly invests in equity and equity related instrumentscomprising of ‘Core’ group of companies and ‘Satellite’ group of companies. ‘Core’ group will comprise of well establishedand predominantly large cap companies. The ‘Satellite’ group will comprise of predominantly small-mid cap companiesthat offer higher potential returns with higher risk. A part of the net assets of the Scheme may be invested in debt securitiesand money market instruments.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Comparison of ExistingComparison of ExistingComparison of ExistingComparison of ExistingComparison of Existing For Comparison of Existing Schemes, Risk Mitigation Strategy, Asset Under Management (AUM) andSchemes & RiskSchemes & RiskSchemes & RiskSchemes & RiskSchemes & Risk Number of Folios, please refer to point 1 on pages 24 - 30 for details.Mitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the Scheme Please refer to point 2 on pages 31 - 33 for details.
Plans and OptionsPlans and OptionsPlans and OptionsPlans and OptionsPlans and Options PlansPlansPlansPlansPlans ::::: • NilOptionsOptionsOptionsOptionsOptions ::::: • Growth Option • Dividend Option
Dividend Option offers Payout* and Reinvestment facility.* If the dividend amount payable to the Unitholders under the Dividend Payout Option of the Scheme is equal to orless than the threshold limit of A 500, then such dividend amount will be compulsorily & automatically reinvested inthe Scheme. Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAVVVVV Please refer to point 3 on page 32 - 33 for details.Minimum ApplicationMinimum ApplicationMinimum ApplicationMinimum ApplicationMinimum Application PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchaseAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of Units(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option) A 5,000 and any amount thereafter. A 1,000 and any amount thereafter. A 1,000 or minimum of 100 units
Despatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the official points of acceptance of HDFC Mutual Fund.(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) RequestBenchmark IndexBenchmark IndexBenchmark IndexBenchmark IndexBenchmark Index BSE 200Dividend PDividend PDividend PDividend PDividend Policyolicyolicyolicyolicy Please refer to point 4 on page 33 for details.Name of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund Manager Mr. Vinay Kulkarni
Mr. Miten Lathia (Dedicated Fund Manager for Overseas Investments)Name of the TName of the TName of the TName of the TName of the Trustee Companyrustee Companyrustee Companyrustee Companyrustee Company HDFC Trustee Company LimitedPPPPPerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Scheme HDFC Core & Satellite Fund - Growth OptionHDFC Core & Satellite Fund - Growth OptionHDFC Core & Satellite Fund - Growth OptionHDFC Core & Satellite Fund - Growth OptionHDFC Core & Satellite Fund - Growth Option Absolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last ear for last ear for last ear for last ear for last 55555 y y y y years^ears^ears^ears^ears^(as at (as at (as at (as at (as at March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011) PPPPPerioderioderioderioderiod ReturnsReturnsReturnsReturnsReturns Benchmark Benchmark Benchmark Benchmark Benchmark
(%)^(%)^(%)^(%)^(%)^ Returns (%)#Returns (%)#Returns (%)#Returns (%)#Returns (%)#Last 1 Year (365 days) 13.53 8.15Last 3 Years (1095 days) 14.08 7.17Last 5 Years (1826 days) 11.27 10.98Since Inception* (2386 days) 23.92 19.94
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustained iny not be sustained iny not be sustained iny not be sustained iny not be sustained inthe futurethe futurethe futurethe futurethe futureAbove returns are compounded annualized (CAGR).*Inception Date: September 17, ’04# BSE 200
Expenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the Scheme Continuous Offer PContinuous Offer PContinuous Offer PContinuous Offer PContinuous Offer Perioderioderioderioderiod( i )( i )( i )( i )( i ) Load StructureLoad StructureLoad StructureLoad StructureLoad Structure Entry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not Applicable
Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) basedon the investors’ assessment of various factors including the service rendered by the ARN Holder.Exit Load :Exit Load :Exit Load :Exit Load :Exit Load :• In respect of eacheacheacheacheach purchase / switch-in of units, an Exit Load of 1.00% is payable if Units are redeemed /
switched-out within 1 year from the date of allotment.• No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.Please refer point no 5 on page 33 for further details on load structure.The Trustee reserves the right to change / modify the load structure from a prospective date.
( i i )( i i )( i i )( i i )( i i ) Recurring ExpensesRecurring ExpensesRecurring ExpensesRecurring ExpensesRecurring Expenses First A 100 crores 2.50(% of weekly average(% of weekly average(% of weekly average(% of weekly average(% of weekly average Next A 300 crores 2.25 Actual expenses for the previous financial year endedNet Assets)Net Assets)Net Assets)Net Assets)Net Assets) Next A 300 crores 2.00 March 31, 2011 (Unaudited) : 2.28% p.a.
Balance 1.75Waiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for Direct Not Applicable. Please refer to point 6 on page 33 for details.ApplicationsApplicationsApplicationsApplicationsApplicationsTTTTTax treatment for theax treatment for theax treatment for theax treatment for theax treatment for the Investors are advised to refer to the Section on ‘T‘T‘T‘T‘Taxation on invaxation on invaxation on invaxation on invaxation on investing in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ in the ‘Statement of‘Statement of‘Statement of‘Statement of‘Statement ofInvestors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders) Additional Information’Additional Information’Additional Information’Additional Information’Additional Information’ and to consult their own tax advisors with respect to the specific amount of tax and other
implications arising out of their participation in the Scheme.Daily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset Value (NAalue (NAalue (NAalue (NAalue (NAV)V)V)V)V) The NAV will be declared on all Business Days and will be published in 2 newspapers NAV can also be viewed onPublicationPublicationPublicationPublicationPublication wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com and wwwwwwwwwwwwwww.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com. Investors may also contact any of the Investor Service Centres
(ISCs) of HDFC Mutual Fund.For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances, Please refer to point 7 on page 33 for details.Please contactPlease contactPlease contactPlease contactPlease contactUnit holder’Unit holder’Unit holder’Unit holder’Unit holder’s Informations Informations Informations Informations Information Please refer to point 8 on page 33 for details.
‡ Due to an overall sharp rise in the stock prices
6 HDFC Mutual Fund
Name & TName & TName & TName & TName & Type of Schemeype of Schemeype of Schemeype of Schemeype of Scheme HDFC Premier Multi-Cap Fund (HPMCF)HDFC Premier Multi-Cap Fund (HPMCF)HDFC Premier Multi-Cap Fund (HPMCF)HDFC Premier Multi-Cap Fund (HPMCF)HDFC Premier Multi-Cap Fund (HPMCF) (An Open-ended Growth Scheme)Investment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment Objective To generate capital appreciation in the long term through equity investments by investing in a diversified portfolio
of Mid Cap and Large Cap ‘blue chip’ companies.
Asset AllocationAsset AllocationAsset AllocationAsset AllocationAsset Allocation TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments Normal AllocationNormal AllocationNormal AllocationNormal AllocationNormal AllocationPPPPPattern of the Schemeattern of the Schemeattern of the Schemeattern of the Schemeattern of the Scheme (% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)
Equity & Equity related instruments out of which 85 - 100Large Cap 35 - 65Mid Cap 35 - 65
Debt Securities (including securitised debt of upto 10% of the net assets) 0 - 15
Money Market Instruments 0 - 15The Scheme may seek investment opportunity in the ADR / GDR / Foreign Equity and Debt Securities (max. 25%of net assets in ADR / GDR and Foreign Equity Securities and max. 10% of net assets in Foreign Debt Securities)subject to SEBI (Mutual Funds) Regulations, 1996. The Scheme may use derivatives mainly for the purpose ofhedging and portfolio balancing (max. 50% of net assets) based on the opportunities available subject to SEBI(Mutual Funds) Regulations, 1996. The Scheme will not invest in Foreign Securitised Debt.
Investment StrategyInvestment StrategyInvestment StrategyInvestment StrategyInvestment Strategy This Scheme predominantly invests in equity and equity related instruments by taking advantage of the opportunitiesin terms of asset allocation between Mid and Large Caps. The Scheme will invest predominantly in ‘premier’ or ‘bluechip’ companies. The Scheme will invest a minimum of 35% of the portfolio each in Large Caps and Mid Caps. Thebalance will be a ‘SWING’ portfolio that can invest in either Mid or Large Cap companies based on their relativevaluations. This provides an opportunity in terms of asset allocation between Mid Caps and Large Caps. A part of the netassets of the Scheme may be invested in debt securities and money market instruments.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Comparison of ExistingComparison of ExistingComparison of ExistingComparison of ExistingComparison of Existing For Comparison of Existing Schemes, Risk Mitigation Strategy, Asset Under Management (AUM) andSchemes & RiskSchemes & RiskSchemes & RiskSchemes & RiskSchemes & Risk Number of Folios, please refer to point 1 on pages 24 - 30 for details.Mitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyMitigation Strategy
Risk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the Scheme Please refer to point 2 on pages 31 - 33 for details.
Plans and OptionsPlans and OptionsPlans and OptionsPlans and OptionsPlans and Options PlansPlansPlansPlansPlans ::::: • NilOptionsOptionsOptionsOptionsOptions ::::: • Growth Option • Dividend Option
Dividend Option offers Payout* and Reinvestment facility.* If the dividend amount payable to the Unitholders under the Dividend Payout Option of the Scheme is equal to orless than the threshold limit of A 500, then such dividend amount will be compulsorily & automatically reinvested inthe Scheme. Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAVVVVV Please refer to point 3 on page 32 - 33 for details.
Minimum ApplicationMinimum ApplicationMinimum ApplicationMinimum ApplicationMinimum Application PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchaseAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of Units(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option) A 5,000 and any amount thereafter. A 1,000 and any amount thereafter. A 1,000 or minimum of 100 units
Despatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the official points of acceptance of HDFC(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request Mutual Fund.
Benchmark IndexBenchmark IndexBenchmark IndexBenchmark IndexBenchmark Index S&P CNX 500. Please refer point 9 on page 33 for further details.
Dividend PDividend PDividend PDividend PDividend Policyolicyolicyolicyolicy Please refer to point 4 on page 33 for details.
Name of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund Manager Mr. Vinay KulkarniMr. Miten Lathia (Dedicated Fund Manager for Overseas Investments)
Name of the TName of the TName of the TName of the TName of the Trustee Companyrustee Companyrustee Companyrustee Companyrustee Company HDFC Trustee Company Limited
PPPPPerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Scheme HDFC Premier MultiHDFC Premier MultiHDFC Premier MultiHDFC Premier MultiHDFC Premier Multi ----- Cap Fund - Growth OptionCap Fund - Growth OptionCap Fund - Growth OptionCap Fund - Growth OptionCap Fund - Growth Option Absolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last ear for last ear for last ear for last ear for last 55555 y y y y years^ears^ears^ears^ears^(as at (as at (as at (as at (as at March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011) PPPPPerioderioderioderioderiod ReturnsReturnsReturnsReturnsReturns Benchmark Benchmark Benchmark Benchmark Benchmark
Last 1 Year (365 days) 12.26 7.26Last 3 Years (1095 days) 13.52 6.54Last 5 Years (1826 days) 11.59 9.71Since Inception* (2185 days) 19.46 17.00
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustained iny not be sustained iny not be sustained iny not be sustained iny not be sustained inthe futurethe futurethe futurethe futurethe futureAbove returns are compounded annualized (CAGR).*Inception Date: April 06, ’05# S&P CNX 500
Expenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the Scheme Continuous Offer PContinuous Offer PContinuous Offer PContinuous Offer PContinuous Offer Perioderioderioderioderiod
( i )( i )( i )( i )( i ) Load StructureLoad StructureLoad StructureLoad StructureLoad Structure Entry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based onthe investors’ assessment of various factors including the service rendered by the ARN Holder.
Exit Load :Exit Load :Exit Load :Exit Load :Exit Load :• In respect of eacheacheacheacheach purchase / switch-in of units, an Exit Load of 1.00% is payable if Units are redeemed /
switched-out within 1 year from the date of allotment.• No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
Please refer point no 5 on page 33 for further details on load structure.The Trustee reserves the right to change / modify the load structure from a prospective date.
‡ Due to an overall sharp rise in the stock prices
Key Information Memorandum 7
HDFC Premier Multi-Cap Fund (HPMCF)HDFC Premier Multi-Cap Fund (HPMCF)HDFC Premier Multi-Cap Fund (HPMCF)HDFC Premier Multi-Cap Fund (HPMCF)HDFC Premier Multi-Cap Fund (HPMCF) (An Open-ended Growth Scheme) (Contd...)( i i )( i i )( i i )( i i )( i i ) Recurring ExpensesRecurring ExpensesRecurring ExpensesRecurring ExpensesRecurring Expenses First A 100 crores 2.50
(% of weekly average(% of weekly average(% of weekly average(% of weekly average(% of weekly average Next A 300 crores 2.25 Actual expenses for the previous financial year endedNet Assets)Net Assets)Net Assets)Net Assets)Net Assets) Next A 300 crores 2.00 March 31, 2011 (Unaudited) : 2.25% p.a.
Balance 1.75
Waiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for Direct Not Applicable. Please refer to point 6 on page 33 for details.ApplicationsApplicationsApplicationsApplicationsApplications
TTTTTax treatment for theax treatment for theax treatment for theax treatment for theax treatment for the Investors are advised to refer to the Section on ‘T‘T‘T‘T‘Taxation on invaxation on invaxation on invaxation on invaxation on investing in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ in the ‘Statement of‘Statement of‘Statement of‘Statement of‘Statement ofInvestors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders) Additional Information’Additional Information’Additional Information’Additional Information’Additional Information’ and to consult their own tax advisors with respect to the specific amount of tax and other
implications arising out of their participation in the Scheme.
Daily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset Value (NAalue (NAalue (NAalue (NAalue (NAV)V)V)V)V) The NAV will be declared on all Business Days and will be published in 2 newspapers NAV can also be viewed onPublicationPublicationPublicationPublicationPublication wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com and wwwwwwwwwwwwwww.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com. Investors may also contact any of the Investor Service Centres
(ISCs) of HDFC Mutual Fund.
For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances, Please refer to point 7 on page 33 for details.Please contactPlease contactPlease contactPlease contactPlease contact
Unit holder’Unit holder’Unit holder’Unit holder’Unit holder’s Informations Informations Informations Informations Information Please refer to point 8 on page 33 for details.
8 HDFC Mutual Fund
Name & TName & TName & TName & TName & Type of Schemeype of Schemeype of Schemeype of Schemeype of Scheme HDFC Mid-Cap Opportunities Fund (HMCOF)HDFC Mid-Cap Opportunities Fund (HMCOF)HDFC Mid-Cap Opportunities Fund (HMCOF)HDFC Mid-Cap Opportunities Fund (HMCOF)HDFC Mid-Cap Opportunities Fund (HMCOF) (An Open-ended Equity Scheme)Investment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment Objective The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is
substantially constituted of equity and equity related securities of Small and Mid-Cap companies.
Asset AllocationAsset AllocationAsset AllocationAsset AllocationAsset Allocation TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments MinimumMinimumMinimumMinimumMinimum MaximumMaximumMaximumMaximumMaximumPPPPPattern of the Schemeattern of the Schemeattern of the Schemeattern of the Schemeattern of the Scheme AllocationAllocationAllocationAllocationAllocation AllocationAllocationAllocationAllocationAllocation
(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)
Equity and equity related securities ofSmall and Mid-Cap companies of which 75 100Small-Cap companies 5 15Mid-Cap companies 70 95
Equity and equity related securities other than the above 0 25Debt and Money Market Securities 0 25(including investments in securitised debt#)# The Investment in Securitised Debt will not normally exceed 25% of the net assets of the Scheme.
The Scheme may take derivatives position (both equity and fixed income) based on the opportunities availablesubject to the guidelines issued by SEBI from time to time and in line with the investment objective of theScheme. These may be taken to hedge the portfolio, rebalance the same or to undertake any other strategy aspermitted under SEBI (MF) Regulations from time to time. The maximum derivative position will be restricted to20% of the Net Assets (including cash) of the Scheme. The Scheme may seek investment opportunity in theForeign Securities, in accordance with guidelines stipulated in this regard by SEBI and RBI from time to time.Under normal circumstances, exposure to foreign securities subject to regulatory limits shall not be more than25% of the Scheme’s net assets.
Investment StrategyInvestment StrategyInvestment StrategyInvestment StrategyInvestment Strategy The Scheme is an open-ended equity scheme wherein the net assets of the Scheme shall be mainly invested in acombined portfolio of equity and equity related securities of Small and Mid-Cap companies.The Fund Manager shall also invest in other equity and equity related securities to achieve optimal portfolio construction.The Scheme may also invest a certain portion of its corpus in debt and money market securities.While the portfolio focuses primarily on a buy and hold strategy at most times, it will balance the same with a rationalapproach to selling when the valuations become too demanding even in the face of reasonable growth prospects in thelong run.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Comparison of ExistingComparison of ExistingComparison of ExistingComparison of ExistingComparison of Existing For Comparison of Existing Schemes, Risk Mitigation Strategy, Asset Under Management (AUM) andSchemes & RiskSchemes & RiskSchemes & RiskSchemes & RiskSchemes & Risk Number of Folios, please refer to point 1 on pages 24 - 30 for details.Mitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyMitigation Strategy
Risk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the Scheme Please refer to point 2 on pages 31 - 33 for details.
Plans and OptionsPlans and OptionsPlans and OptionsPlans and OptionsPlans and Options PlansPlansPlansPlansPlans ::::: • NilOptionsOptionsOptionsOptionsOptions ::::: • Growth Option • Dividend Option
Dividend Option offers Payout* and Reinvestment facility.* If the dividend amount payable to the Unitholders under the Dividend Payout Option of the Scheme is equal to orless than the threshold limit of A 500, then such dividend amount will be compulsorily & automatically reinvested inthe Scheme. Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAVVVVV Please refer to point 3 on page 32 - 33 for details.
Minimum ApplicationMinimum ApplicationMinimum ApplicationMinimum ApplicationMinimum Application PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchaseAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of Units(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option) A 5,000 and any amount thereafter. A 1,000 and any amount thereafter. A 1,000 or minimum of 100 units
Despatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the official points of acceptance of HDFC(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request Mutual Fund.
Benchmark IndexBenchmark IndexBenchmark IndexBenchmark IndexBenchmark Index CNX Midcap. Please refer point 9 on page 33 for further details.
Dividend PDividend PDividend PDividend PDividend Policyolicyolicyolicyolicy Please refer to point 4 on page 33 for details.
Name of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund Manager Mr. Chirag SetalvadMr. Miten Lathia (Dedicated Fund Manager for Overseas Investments)
Name of the TName of the TName of the TName of the TName of the Trusteerusteerusteerusteerustee HDFC Trustee Company LimitedCompanyCompanyCompanyCompanyCompany
PPPPPerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Scheme HDFC Mid-Cap Opportunities Fund - Growth OptionHDFC Mid-Cap Opportunities Fund - Growth OptionHDFC Mid-Cap Opportunities Fund - Growth OptionHDFC Mid-Cap Opportunities Fund - Growth OptionHDFC Mid-Cap Opportunities Fund - Growth Option Absolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last ear for last ear for last ear for last ear for last 33333 y y y y years^ears^ears^ears^ears^(as at (as at (as at (as at (as at March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011) PPPPPerioderioderioderioderiod ReturnsReturnsReturnsReturnsReturns Benchmark Benchmark Benchmark Benchmark Benchmark
Last 1 Year (365 days) 15.33 4.35Last 3 Years (1095 days) 16.74 8.81Since Inception* (1375 days) 11.55 8.92
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustained iny not be sustained iny not be sustained iny not be sustained iny not be sustained inthe futurethe futurethe futurethe futurethe futureAbove returns are compounded annualized (CAGR).*Inception Date: June 25, ‘07# CNX Midcap
Expenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the Scheme Continuous Offer PContinuous Offer PContinuous Offer PContinuous Offer PContinuous Offer Perioderioderioderioderiod
( i )( i )( i )( i )( i ) Load StructureLoad StructureLoad StructureLoad StructureLoad Structure Entry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based onthe investors’ assessment of various factors including the service rendered by the ARN Holder.
‡ Due to an overall sharp rise in the stock prices
Key Information Memorandum 9
HDFC Mid-Cap Opportunities FundHDFC Mid-Cap Opportunities FundHDFC Mid-Cap Opportunities FundHDFC Mid-Cap Opportunities FundHDFC Mid-Cap Opportunities Fund (HMCOF)(HMCOF)(HMCOF)(HMCOF)(HMCOF) (An Open-ended Equity Scheme) (Contd...)Exit Load :Exit Load :Exit Load :Exit Load :Exit Load :• In respect of eacheacheacheacheach purchase / switch-in of units, an Exit Load of 1.00% is payable if Units are redeemed /
switched-out within 1 year from the date of allotment.• No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
Please refer point no 5 on page 33 for further details on load structure.The Trustee reserves the right to change / modify the load structure from a prospective date.
( i i )( i i )( i i )( i i )( i i ) Recurring ExpensesRecurring ExpensesRecurring ExpensesRecurring ExpensesRecurring Expenses First A 100 crores 2.50(% of weekly average(% of weekly average(% of weekly average(% of weekly average(% of weekly average Next A 300 crores 2.25 Actual expenses for the previous financial year endedNet Assets)Net Assets)Net Assets)Net Assets)Net Assets) Next A 300 crores 2.00 March 31, 2011 (Unaudited) : 2.00% p.a.
Balance 1.75
Waiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for Direct Not Applicable. Please refer to point 6 on page 33 for details.ApplicationsApplicationsApplicationsApplicationsApplications
TTTTTax treatment for theax treatment for theax treatment for theax treatment for theax treatment for the Investors are advised to refer to the Section on ‘T‘T‘T‘T‘Taxation on invaxation on invaxation on invaxation on invaxation on investing in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ in the ‘Statement of‘Statement of‘Statement of‘Statement of‘Statement ofInvestors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders) Additional Information’Additional Information’Additional Information’Additional Information’Additional Information’ and to consult their own tax advisors with respect to the specific amount of tax and other
implications arising out of their participation in the Scheme.
Daily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset Value (NAalue (NAalue (NAalue (NAalue (NAV)V)V)V)V) The NAV will be declared on all Business Days and will be published in 2 newspapers NAV can also be viewed onPublicationPublicationPublicationPublicationPublication wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com and wwwwwwwwwwwwwww.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com. Investors may also contact any of the Investor Service Centres
(ISCs) of HDFC Mutual Fund.
For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances, Please refer to point 7 on page 33 for details.Please contactPlease contactPlease contactPlease contactPlease contact
Unit holder’Unit holder’Unit holder’Unit holder’Unit holder’s Informations Informations Informations Informations Information Please refer to point 8 on page 33 for details.
10 HDFC Mutual Fund
Name & TName & TName & TName & TName & Type of Schemeype of Schemeype of Schemeype of Schemeype of Scheme HDFC Long THDFC Long THDFC Long THDFC Long THDFC Long Term Equity Funderm Equity Funderm Equity Funderm Equity Funderm Equity Fund (An Open-ended Equity Scheme@)Investment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment Objective To achieve long term capital appreciation.
Asset AllocationAsset AllocationAsset AllocationAsset AllocationAsset Allocation The following table provides the asset allocation of the Scheme's portfolio under normal circumstances.
PPPPPattern of the Schemeattern of the Schemeattern of the Schemeattern of the Schemeattern of the Scheme TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments MinimumMinimumMinimumMinimumMinimum MaximumMaximumMaximumMaximumMaximumAllocationAllocationAllocationAllocationAllocation AllocationAllocationAllocationAllocationAllocation
(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)
Equity and Equity Related Instruments 70 100Fixed Income Securities (including money 0 30market instruments)The Scheme will not invest in securitised debt.
The Scheme may take derivatives position (both equity and fixed income) based on the opportunities availablesubject to the guidelines issued by SEBI from time to time and in line with the investment objective of theScheme. These may be taken to hedge the portfolio, rebalance the same or to undertake any other strategy aspermitted under SEBI (MF) Regulations from time to time. The maximum derivative position will be restricted to20% of the Net Assets (including cash) of the Scheme.
The Scheme may seek investment opportunity in the Foreign Securities, in accordance with guidelines stipulatedin this regard by SEBI and RBI from time to time. Under normal circumstances, exposure to foreign securitiessubject to regulatory limits shall not be more than 25% of the Scheme's net assets.
Investment StrategyInvestment StrategyInvestment StrategyInvestment StrategyInvestment Strategy The Scheme is an open-ended equity scheme wherein the net assets of the Scheme shall be mainlyinvested in equity and equity related instruments. The Scheme shall also invest a small portion of the netassets in Fixed Income Securities and money- market instruments.The aim will be to build a portfolio that adequately reflects a cross-section of the growth areas of theeconomy from time to time. While the portfolio focuses primarily on a buy and hold strategy at mosttimes, it will balance the same with a rational approach to selling when the valuations become toodemanding even in the face of reasonable growth prospects in the long run.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Comparison of ExistingComparison of ExistingComparison of ExistingComparison of ExistingComparison of Existing For Comparison of Existing Schemes, Risk Mitigation Strategy, Asset Under Management (AUM) andSchemes & RiskSchemes & RiskSchemes & RiskSchemes & RiskSchemes & Risk Number of Folios, please refer to point 1 on pages 24 - 30 for details.Mitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyMitigation Strategy
Risk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the Scheme Please refer to point 2 on pages 31 - 33 for details.
Plans and OptionsPlans and OptionsPlans and OptionsPlans and OptionsPlans and Options PlansPlansPlansPlansPlans ::::: • NilOptionsOptionsOptionsOptionsOptions ::::: • Growth Option • Dividend Option
Dividend Option offers Payout* and Reinvestment facility.
* If the dividend amount payable to the Unitholders under the Dividend Payout Option of the Scheme, is equal to orless than the threshold limit of A 500, then such dividend amount will be compulsorily & automatically reinvested inthe Scheme. Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAVVVVV Please refer to point 3 on page 32 - 33 for details.
Minimum ApplicationMinimum ApplicationMinimum ApplicationMinimum ApplicationMinimum Application PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchaseAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of Units(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option) A 5,000 and any amount thereafter. A 1,000 and any amount thereafter. A 1,000 or minimum of 100 units
Despatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the official points of acceptance of HDFC(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request Mutual Fund.
Benchmark IndexBenchmark IndexBenchmark IndexBenchmark IndexBenchmark Index S&P CNX Nifty. Please refer point 9 on page 33 for further details.
Dividend PDividend PDividend PDividend PDividend Policyolicyolicyolicyolicy Please refer to point 4 on page 33 for details.
Name of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund Manager Mr. Srinivas Rao RaouriMr. Miten Lathia (Dedicated Fund Manager for Overseas Investments)
Name of the TName of the TName of the TName of the TName of the Trusteerusteerusteerusteerustee HDFC Trustee Company LimitedCompanyCompanyCompanyCompanyCompany
PPPPPerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Scheme HDFC Long THDFC Long THDFC Long THDFC Long THDFC Long Term Equity Fund - Groerm Equity Fund - Groerm Equity Fund - Groerm Equity Fund - Groerm Equity Fund - Growth Optionwth Optionwth Optionwth Optionwth Option Absolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last ear for last ear for last ear for last ear for last 55555 y y y y years^ears^ears^ears^ears^(as at (as at (as at (as at (as at March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011) PPPPPerioderioderioderioderiod ReturnsReturnsReturnsReturnsReturns Benchmark Benchmark Benchmark Benchmark Benchmark
Last 1 Year (365 days) 18.48 11.14Last 3 Years (1095 days) 11.89 7.21Last 5 Years (1826 days) 9.62 11.38Since Inception* (1875 days) 10.53 13.62
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustained iny not be sustained iny not be sustained iny not be sustained iny not be sustained inthe futurethe futurethe futurethe futurethe futureAbove returns are compounded annualized (CAGR).*Inception Date: February 10, ‘06# S&P CNX Nifty
Expenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the Scheme Continuous Offer PContinuous Offer PContinuous Offer PContinuous Offer PContinuous Offer Perioderioderioderioderiod
( i )( i )( i )( i )( i ) Load StructureLoad StructureLoad StructureLoad StructureLoad Structure a) Entry Load: Not Applicablea) Entry Load: Not Applicablea) Entry Load: Not Applicablea) Entry Load: Not Applicablea) Entry Load: Not ApplicableUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based onthe investors’ assessment of various factors including the service rendered by the ARN Holder.
@ Converted into an Open-ended Equity Scheme effective February 10, 2011
‡ Due to an overall sharp rise in the stock prices
Key Information Memorandum 11
HDFC Long THDFC Long THDFC Long THDFC Long THDFC Long Term Equity Funderm Equity Funderm Equity Funderm Equity Funderm Equity Fund (An Open-ended Equity Scheme) (Contd...)Exit Load :Exit Load :Exit Load :Exit Load :Exit Load :• In respect of eacheacheacheacheach purchase / switch-in of units, an Exit Load of 1.00% is payable if Units are redeemed /
switched-out within 1 year from the date of allotment.• No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
Please refer point no 5 on page 33 for further details on load structure.The Trustee reserves the right to change / modify the load structure from a prospective date.
( i i )( i i )( i i )( i i )( i i ) Recurring ExpensesRecurring ExpensesRecurring ExpensesRecurring ExpensesRecurring Expenses First A 100 crores 2.50(% of weekly average(% of weekly average(% of weekly average(% of weekly average(% of weekly average Next A 300 crores 2.05 Actual expenses for the previous financial year endedNet Assets)Net Assets)Net Assets)Net Assets)Net Assets) Next A 300 crores 1.75 March 31, 2011 (Unaudited) : 2.03% p.a.
Balance 1.50
Waiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for Direct Not Applicable. Please refer to point 6 on page 33 for details.ApplicationsApplicationsApplicationsApplicationsApplications
TTTTTax treatment for theax treatment for theax treatment for theax treatment for theax treatment for the Investors are advised to refer to the Section on ‘T‘T‘T‘T‘Taxation on invaxation on invaxation on invaxation on invaxation on investing in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ in the ‘Statement of‘Statement of‘Statement of‘Statement of‘Statement ofInvestors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders) Additional Information’Additional Information’Additional Information’Additional Information’Additional Information’ and to consult their own tax advisors with respect to the specific amount of tax and other
implications arising out of their participation in the Scheme.
Daily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset Value (NAalue (NAalue (NAalue (NAalue (NAV)V)V)V)V) The NAV will be declared on all Business Days and will be published in 2 newspapers NAV can also be viewed onPublicationPublicationPublicationPublicationPublication wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com and wwwwwwwwwwwwwww.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com. Investors may also contact any of the Investor Service Centres
(ISCs) of HDFC Mutual Fund.
For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances, Please refer to point 7 on page 33 for details.Please contactPlease contactPlease contactPlease contactPlease contact
Unit holder’Unit holder’Unit holder’Unit holder’Unit holder’s Informations Informations Informations Informations Information Please refer to point 8 on page 33 for details.
12 HDFC Mutual Fund
Name & TName & TName & TName & TName & Type of Schemeype of Schemeype of Schemeype of Schemeype of Scheme HDFC Infrastructure FundHDFC Infrastructure FundHDFC Infrastructure FundHDFC Infrastructure FundHDFC Infrastructure Fund (An Open-ended Equity Scheme@)Investment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment Objective To seek long-term capital appreciation by investing predominantly in equity and equity related securities of
companies engaged in or expected to benefit from growth and development of infrastructure.
Asset AllocationAsset AllocationAsset AllocationAsset AllocationAsset Allocation TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments MinimumMinimumMinimumMinimumMinimum MaximumMaximumMaximumMaximumMaximumPPPPPattern of the Schemeattern of the Schemeattern of the Schemeattern of the Schemeattern of the Scheme AllocationAllocationAllocationAllocationAllocation AllocationAllocationAllocationAllocationAllocation
(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)
Equity and Equity Related Instruments of infrastructure/ 65% 100%infrastructure related companiesEquity and Equity Related Instruments of companies 0 35%other than mentioned aboveDebt Securities and Money Market Instruments* and 0 35%Fixed Income Derivative* Investments in securitised debt shall not normally exceed 30% of the net assets of the Scheme.
The Scheme may seek investment opportunity in Foreign Securities (max. 35% of net assets). The Scheme maytake derivatives position for hedging, portfolio balancing or to undertake any other strategy as permitted underSEBI Regulations from time to time (max. 20% of the net assets) based on the opportunities available subject toSEBI Regulations.
Investment StrategyInvestment StrategyInvestment StrategyInvestment StrategyInvestment Strategy The net assets of the Scheme shall be predominantly invested in equity and equity related securities of companiesengaged in or expected to benefit from the growth and development of infrastructure. The Scheme shall invest in theindicative list of sectors / industries. The Scheme shall invest across the above-mentioned sectors or other areas ofinfrastructure as identified by the Fund Manager. The Fund Manager may add such other sector/group of industries,which broadly satisfy the category of services, and infrastructure industries. A portion of the net assets may be investedin non infrastructure related companies. The Scheme shall invest across all market capitalization. The balance, if any,will be invested in Debt or Money Market Instruments and Fixed Income Derivative, including Securitised Debt.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Comparison of ExistingComparison of ExistingComparison of ExistingComparison of ExistingComparison of Existing For Comparison of Existing Schemes, Risk Mitigation Strategy, Asset Under Management (AUM) andSchemes & RiskSchemes & RiskSchemes & RiskSchemes & RiskSchemes & Risk Number of Folios, please refer to point 1 on pages 24 - 30 for details.Mitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyMitigation Strategy
Risk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the Scheme Please refer to point 2 on pages 31 - 33 for details.
Plans and OptionsPlans and OptionsPlans and OptionsPlans and OptionsPlans and Options PlansPlansPlansPlansPlans ::::: • NilOptionsOptionsOptionsOptionsOptions ::::: • Growth Option • Dividend Option
Dividend Option offers Payout* and Reinvestment facility.
* If the dividend amount payable to the Unitholders under the Dividend Payout Option of the Scheme, is equal to orless than the threshold limit of A 500, then such dividend amount will be compulsorily & automatically reinvested inthe Scheme. Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAVVVVV Please refer to point 3 on page 32 - 33 for details.
Minimum ApplicationMinimum ApplicationMinimum ApplicationMinimum ApplicationMinimum Application PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchaseAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of Units(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option) A 5,000 and any amount thereafter. A 1,000 and any amount thereafter. A 1,000 or minimum of 100 units
Despatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the official points of acceptance of HDFC(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request Mutual Fund.
Benchmark IndexBenchmark IndexBenchmark IndexBenchmark IndexBenchmark Index S&P CNX 500. Please refer point 9 on page 33 for further details.
Dividend PDividend PDividend PDividend PDividend Policyolicyolicyolicyolicy Please refer to point 4 on page 33 for details.
Name of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund Manager Mr. Prashant Jain & Mr. Srinivas Rao Ravuri
Name of the TName of the TName of the TName of the TName of the Trusteerusteerusteerusteerustee HDFC Trustee Company LimitedCompanyCompanyCompanyCompanyCompany
PPPPPerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Scheme HDFC Infrastructure Fund - Growth OptionHDFC Infrastructure Fund - Growth OptionHDFC Infrastructure Fund - Growth OptionHDFC Infrastructure Fund - Growth OptionHDFC Infrastructure Fund - Growth Option Absolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last ear for last ear for last ear for last ear for last 33333 y y y y years^ears^ears^ears^ears^(as at (as at (as at (as at (as at March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011) PPPPPerioderioderioderioderiod ReturnsReturnsReturnsReturnsReturns Benchmark Benchmark Benchmark Benchmark Benchmark
Last 1 Year (365 days) 6.31 7.26Last 3 Years (1095 days) 8.35 6.54Since Inception* (1116 days) 5.85 5.50^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustained iny not be sustained iny not be sustained iny not be sustained iny not be sustained inthe futurethe futurethe futurethe futurethe futureAbove returns are compounded annualized (CAGR).*Inception Date: March 10, 2008# S&P CNX 500
Expenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the Scheme Continuous Offer PContinuous Offer PContinuous Offer PContinuous Offer PContinuous Offer Perioderioderioderioderiod
( i )( i )( i )( i )( i ) Load StructureLoad StructureLoad StructureLoad StructureLoad Structure Entry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based onthe investors’ assessment of various factors including the service rendered by the ARN Holder.
@ Converted into an Open-ended Equity Scheme effective March 10, 2011
‡ Due to an overall sharp rise in the stock prices
Key Information Memorandum 13
HDFC Infrastructure FundHDFC Infrastructure FundHDFC Infrastructure FundHDFC Infrastructure FundHDFC Infrastructure Fund (An Open-ended Equity Scheme)(Contd...)Exit Load :Exit Load :Exit Load :Exit Load :Exit Load :• In respect of eacheacheacheacheach purchase / switch-in of units, an Exit Load of 1.00% is payable if Units are redeemed /
switched-out within 1 year from the date of allotment.• No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
Please refer point no 5 on page 33 for further details on load structure.The Trustee reserves the right to change / modify the load structure from a prospective date.
( i i )( i i )( i i )( i i )( i i ) Recurring ExpensesRecurring ExpensesRecurring ExpensesRecurring ExpensesRecurring Expenses First A 100 crores 2.50(% of weekly average(% of weekly average(% of weekly average(% of weekly average(% of weekly average Next A 300 crores 2.25 Actual expenses for the previous financial year endedNet Assets)Net Assets)Net Assets)Net Assets)Net Assets) Next A 300 crores 2.00 March 31, 2011 (Unaudited) : 1.95% p.a.
Balance 1.75
Waiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for Direct Not Applicable. Please refer to point 6 on page 33 for details.ApplicationsApplicationsApplicationsApplicationsApplications
TTTTTax treatment for theax treatment for theax treatment for theax treatment for theax treatment for the Investors are advised to refer to the Section on ‘T‘T‘T‘T‘Taxation on invaxation on invaxation on invaxation on invaxation on investing in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ in the ‘Statement of‘Statement of‘Statement of‘Statement of‘Statement ofInvestors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders) Additional Information’Additional Information’Additional Information’Additional Information’Additional Information’ and to consult their own tax advisors with respect to the specific amount of tax and other
implications arising out of their participation in the Scheme.
Daily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset Value (NAalue (NAalue (NAalue (NAalue (NAV)V)V)V)V) The NAV will be declared on all Business Days and will be published in 2 newspapers NAV can also be viewed onPublicationPublicationPublicationPublicationPublication wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com and wwwwwwwwwwwwwww.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com. Investors may also contact any of the Investor Service Centres
(ISCs) of HDFC Mutual Fund.
For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances, Please refer to point 7 on page 33 for details.Please contactPlease contactPlease contactPlease contactPlease contact
Unit holder’Unit holder’Unit holder’Unit holder’Unit holder’s Informations Informations Informations Informations Information Please refer to point 8 on page 33 for details.
14 HDFC Mutual Fund
Name & TName & TName & TName & TName & Type of Schemeype of Schemeype of Schemeype of Schemeype of Scheme HDFC Arbitrage Fund (HAF)HDFC Arbitrage Fund (HAF)HDFC Arbitrage Fund (HAF)HDFC Arbitrage Fund (HAF)HDFC Arbitrage Fund (HAF) (An Open-ended Equity Fund)Investment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment Objective To generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities
within the derivative segment and by deployment of surplus cash in debt securities and money market instruments.
Asset AllocationAsset AllocationAsset AllocationAsset AllocationAsset Allocation TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments Normal AllocationNormal AllocationNormal AllocationNormal AllocationNormal AllocationPPPPPattern of the Schemeattern of the Schemeattern of the Schemeattern of the Schemeattern of the Scheme (% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)
Equity & Equity related instruments 65 - 90
Derivative including index futures, stock futures, 65 - 90Index Options and Stock Options etc.^
Debt Securities and Money Market Instruments* and Fixed Income Derivative 10 - 35
When adequate arbitrage opportunities are not available in the Derivative and equity markets, the assetWhen adequate arbitrage opportunities are not available in the Derivative and equity markets, the assetWhen adequate arbitrage opportunities are not available in the Derivative and equity markets, the assetWhen adequate arbitrage opportunities are not available in the Derivative and equity markets, the assetWhen adequate arbitrage opportunities are not available in the Derivative and equity markets, the assetallocation of the scheme’allocation of the scheme’allocation of the scheme’allocation of the scheme’allocation of the scheme’s portfolio will be as follos portfolio will be as follos portfolio will be as follos portfolio will be as follos portfolio will be as follows :ws :ws :ws :ws :
TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments Normal AllocationNormal AllocationNormal AllocationNormal AllocationNormal Allocation(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)
Equity & Equity related instruments 0 - 65
Derivative including index futures, stock futures, 0 - 65Index Options and Stock Options etc.^
Debt Securities and Money Market Instruments* and Fixed Income Derivative 35 - 100
* Investment in Securitised debt shall not normally exceed 50% of the net assets of the Scheme.^ The exposure to derivative shown in the above asset allocation table is exposure taken against the underlying equity
investments and should not be considered for calculating the total asset allocation. The idea is not to take additionalasset allocation with the use of derivative. The margin money deployed on these positions would be included inMoney Market category.
The Scheme may seek investment opportunity in the Foreign Securities in accordance with guidelines stiulatedin this regard by SEBI and RBI from time to time. Under normal circumstances, the Scheme shall not have anexposure of more than 75% of its assets in foreign securities (including bonds, mutual funds and other approvedinstruments) subject to regulatory limits.
Investment StrategyInvestment StrategyInvestment StrategyInvestment StrategyInvestment Strategy This Scheme aims to generate income through arbitrage opportunities between cash and derivative market and arbitrageopportunities within the derivative segment. The Scheme may adopt simple derivative strategies, which would be to takeoffsetting positions on various markets simultaneously. In the absence of adequate arbitrage opportunities, the Scheme mayinvest in short term debt securities or money market instruments.
Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Comparison of ExistingComparison of ExistingComparison of ExistingComparison of ExistingComparison of Existing For Comparison of Existing Schemes, Risk Mitigation Strategy, Asset Under Management (AUM) andSchemes & RiskSchemes & RiskSchemes & RiskSchemes & RiskSchemes & Risk Number of Folios, please refer to point 1 on pages 24 - 30 for details.Mitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyMitigation Strategy
Risk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the Scheme Please refer to point 2 on pages 31 - 33 for details.
Plans and OptionsPlans and OptionsPlans and OptionsPlans and OptionsPlans and Options PlansPlansPlansPlansPlans :::::• Wholesale Plan • Retail PlanOptionsOptionsOptionsOptionsOptions:::::• Growth Option • Dividend OptionDividend Option offers Quarterly Dividend Option with Payout* and Reinvestment facility.* If the dividend amount payable to the Unitholders under the Dividend Payout Option of the Scheme, is equal to orless than the threshold limit of A 500, then such dividend amount will be compulsorily & automatically reinvested inthe Scheme. Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAVVVVV Please refer to point 3 on page 32 - 33 for details.
Minimum ApplicationMinimum ApplicationMinimum ApplicationMinimum ApplicationMinimum Application PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchaseAmount / Number ofAmount / Number ofAmount / Number ofAmount / Number ofAmount / Number ofUnits (Under each Plan /Units (Under each Plan /Units (Under each Plan /Units (Under each Plan /Units (Under each Plan / Wholesale PlaWholesale PlaWholesale PlaWholesale PlaWholesale Plannnnn :::::
Option)Option)Option)Option)Option) Growth / Quarterly Dividend OptionGrowth / Quarterly Dividend OptionGrowth / Quarterly Dividend OptionGrowth / Quarterly Dividend OptionGrowth / Quarterly Dividend Option A 1 crore and any A 1 crore and A 50,000 or minimum ofamount thereafter. any amount thereafter. 5,000 units
Growth / QuarterlyGrowth / QuarterlyGrowth / QuarterlyGrowth / QuarterlyGrowth / Quarterly Dividend OptionDividend OptionDividend OptionDividend OptionDividend Option A 5,000 and A 5,000 and any A 1,000 or minimum ofany amount amount thereafter. 100 unitsthereafter.
Despatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the Official Points of Acceptance of HDFC Mutual Fund.(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request
Benchmark IndexBenchmark IndexBenchmark IndexBenchmark IndexBenchmark Index CRISIL Liquid Fund Index
Dividend PDividend PDividend PDividend PDividend Policyolicyolicyolicyolicy Please refer to point 4 on page 33 for details.
Name of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund Manager Mr. Anil BamboliMr. Miten Lathia (Dedicated Fund Manager for Overseas Investments)
Name of the TName of the TName of the TName of the TName of the Trusteerusteerusteerusteerustee HDFC Trustee Company LimitedCompanyCompanyCompanyCompanyCompany
PPPPPerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Scheme HDFC Arbitrage Fund - Wholesale Plan – Growth OptionHDFC Arbitrage Fund - Wholesale Plan – Growth OptionHDFC Arbitrage Fund - Wholesale Plan – Growth OptionHDFC Arbitrage Fund - Wholesale Plan – Growth OptionHDFC Arbitrage Fund - Wholesale Plan – Growth Option Absolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last ear for last ear for last ear for last ear for last 33333 y y y y yearearearearearsssss^̂̂̂̂(as at (as at (as at (as at (as at March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011) PPPPPerioderioderioderioderiod ReturnsReturnsReturnsReturnsReturns Benchmark Benchmark Benchmark Benchmark Benchmark
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustained iny not be sustained iny not be sustained iny not be sustained iny not be sustained inthe futurethe futurethe futurethe futurethe future
Above returns are compounded annualized (CAGR).*Inception Date: October 23, ’07# CRISIL Liquid Fund Index
Key Information Memorandum 15
HDFC Arbitrage Fund (HAF)HDFC Arbitrage Fund (HAF)HDFC Arbitrage Fund (HAF)HDFC Arbitrage Fund (HAF)HDFC Arbitrage Fund (HAF) (An Open-ended Equity Fund) (Contd...)
HDFC Arbitrage Fund - Retail Plan - Growth OptionHDFC Arbitrage Fund - Retail Plan - Growth OptionHDFC Arbitrage Fund - Retail Plan - Growth OptionHDFC Arbitrage Fund - Retail Plan - Growth OptionHDFC Arbitrage Fund - Retail Plan - Growth Option Absolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last ear for last ear for last ear for last ear for last 33333 y y y y yearearearearearsssss^̂̂̂̂
Last 1 Year (365 days) 7.55 6.21Last 3 Years (1095 days) 6.22 6.22Since Inception* (1255 days) 6.62 6.28
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustained iny not be sustained iny not be sustained iny not be sustained iny not be sustained inthe futurethe futurethe futurethe futurethe futureAbove returns are compounded annualized (CAGR).*Inception Date: October 23, ’07# CRISIL Liquid Fund Index
Expenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the Scheme Continuous Offer PContinuous Offer PContinuous Offer PContinuous Offer PContinuous Offer Perioderioderioderioderiod
( i )( i )( i )( i )( i ) Load StructureLoad StructureLoad StructureLoad StructureLoad Structure Entry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) basedon the investors’ assessment of various factors including the service rendered by the ARN Holder.
Exit Load :Exit Load :Exit Load :Exit Load :Exit Load :Retail Plan & Wholesale Plan• In respect of each purchase / switch - in of units, an exit load of 0.50% is payable if units are redeemed / switched
out within 6 months from the date of allotment.• No exit load is payable if units are redeemed / switched - out after 6 months from the date of allotment.Please refer point no 5 on page 33 for further details on load structure.The Trustee reserves the right to change / modify the load structure from a prospective date.
( i i )( i i )( i i )( i i )( i i ) Recurring ExpensesRecurring ExpensesRecurring ExpensesRecurring ExpensesRecurring Expenses First A 100 crores 2.50(% of weekly average(% of weekly average(% of weekly average(% of weekly average(% of weekly average Next A 300 crores 2.25 Actual expenses for the previous financial year endedNet Assets)Net Assets)Net Assets)Net Assets)Net Assets) Next A 300 crores 2.00 March 31, 2011 (Unaudited) : 0.84% p.a.
Balance 1.75
Waiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for Direct Not Applicable. Please refer to point 6 on page 33 for details.ApplicationsApplicationsApplicationsApplicationsApplications
TTTTTax treatment for theax treatment for theax treatment for theax treatment for theax treatment for the Investors are advised to refer to the Section on ‘T‘T‘T‘T‘Taxation on invaxation on invaxation on invaxation on invaxation on investing in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ in the ‘Statement of‘Statement of‘Statement of‘Statement of‘Statement ofInvestors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders) Additional Information’Additional Information’Additional Information’Additional Information’Additional Information’ and to consult their own tax advisors with respect to the specific amount of tax and other
implications arising out of their participation in the Scheme.
Daily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset Value (NAalue (NAalue (NAalue (NAalue (NAV)V)V)V)V) The NAV will be declared on all Business Days and will be published in 2 newspapers NAV can also be viewed onPublicationPublicationPublicationPublicationPublication wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com and wwwwwwwwwwwwwww.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com. Investors may also contact any of the Investor Service Centres
(ISCs) of HDFC Mutual Fund.
For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances, Please refer to point 7 on page 33 for details.Please contactPlease contactPlease contactPlease contactPlease contact
Unit holder’Unit holder’Unit holder’Unit holder’Unit holder’s Informations Informations Informations Informations Information Please refer to point 8 on page 33 for details.
Name & TName & TName & TName & TName & Type of Schemeype of Schemeype of Schemeype of Schemeype of Scheme HDFC Balanced Fund (HBF)HDFC Balanced Fund (HBF)HDFC Balanced Fund (HBF)HDFC Balanced Fund (HBF)HDFC Balanced Fund (HBF) (An Open-ended Balanced Scheme)Investment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment Objective To generate capital appreciation along with current income from a combined portfolio of equity & equity-related
and debt & money market instruments.Asset AllocationAsset AllocationAsset AllocationAsset AllocationAsset Allocation TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments Normal AllocationNormal AllocationNormal AllocationNormal AllocationNormal AllocationPPPPPattern of the Schemeattern of the Schemeattern of the Schemeattern of the Schemeattern of the Scheme (% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)
Equities & Equity related instruments 60Debt Securities (including securitised debt) 40and Money Market instruments)The Scheme may seek investment opportunity in the ADR / GDR / Foreign Equity and Debt Securities subject to SEBI (MutualFunds) Regulations, 1996. Maximum exposure to investment in Foreign Debt Securities will be restricted to 40% of the netassets. The Scheme may use derivatives mainly for the purpose of hedging and portfolio balancing (max. 20% of net assets)based on the opportunities available subject to SEBI (Mutual Funds) Regulations, 1996. The Scheme will not invest in ForeignSecuritised Debt.
Investment StrategyInvestment StrategyInvestment StrategyInvestment StrategyInvestment Strategy The Scheme is an open-ended balanced scheme. The net assets of the Scheme shall be invested in a combined portfolioof equity and equity related instruments : debt securities and money market instruments in the range of 60 : 40respectively (normal asset allocation). The Fund Manager would continuously monitor the potential for both debt andequities to arrive at a dynamic allocation between the asset classes. The exact portfolio mix will be a function ofinterest rates, equity valuations, reserves position and risk taking capacity of the portfolio.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Comparison of ExistingComparison of ExistingComparison of ExistingComparison of ExistingComparison of Existing For Comparison of Existing Schemes, Risk Mitigation Strategy, Asset Under Management (AUM) andSchemes & RiskSchemes & RiskSchemes & RiskSchemes & RiskSchemes & Risk Number of Folios, please refer to point 1 on pages 24 - 30 for details.Mitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the Scheme Please refer to point 2 on pages 31 - 33 for details.Plans and OptionsPlans and OptionsPlans and OptionsPlans and OptionsPlans and Options PlanPlanPlanPlanPlan ::::: • Nil
* If the dividend amount payable to the Unitholders under the Dividend Payout Option of the Scheme, is equal to orless than the threshold limit of A 500, then such dividend amount will be compulsorily & automatically reinvested inthe Scheme. Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAVVVVV Please refer to point 3 on page 32 - 33 for details.Minimum ApplicationMinimum ApplicationMinimum ApplicationMinimum ApplicationMinimum Application PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchaseAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of Units(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option) A 5,000 and any amount thereafter. A 1,000 and any amount thereafter. A 500 or minimum of 50 units
Despatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the official points of acceptance of HDFC Mutual Fund.(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) RequestBenchmark IndexBenchmark IndexBenchmark IndexBenchmark IndexBenchmark Index CRISIL Balanced Fund IndexDividend PDividend PDividend PDividend PDividend Policyolicyolicyolicyolicy Please refer to point 4 on page 33 for details.Name of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund Manager Mr. Chirag Setalvad
Mr. Miten Lathia (Dedicated Fund Manager for Overseas Investments)Name of the TName of the TName of the TName of the TName of the Trustee Companyrustee Companyrustee Companyrustee Companyrustee Company HDFC Trustee Company LimitedPPPPPerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Scheme HDFC Balanced Fund - Growth OptionHDFC Balanced Fund - Growth OptionHDFC Balanced Fund - Growth OptionHDFC Balanced Fund - Growth OptionHDFC Balanced Fund - Growth Option Absolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last 5 year for last 5 year for last 5 year for last 5 year for last 5 years^ears^ears^ears^ears^(as at (as at (as at (as at (as at March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011) PPPPPerioderioderioderioderiod ReturnsReturnsReturnsReturnsReturns Benchmark Benchmark Benchmark Benchmark Benchmark
(%)^(%)^(%)^(%)^(%)^ Returns (%)#Returns (%)#Returns (%)#Returns (%)#Returns (%)#Last 1 Year (365 days) 16.17 9.37Last 3 Years (1095 days) 16.87 8.13Last 5 Years (1826 days) 13.68 10.59Last 10 Years (3653 days) 19.47 N.A.Since Inception* (3853 days) 17.49 N.A.
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustained iny not be sustained iny not be sustained iny not be sustained iny not be sustained inthe futurethe futurethe futurethe futurethe futureAbove returns are compounded annualized (CAGR).*Inception Date: September 11, ’00# CRISIL Balanced Fund IndexN.A. - Not available.
Expenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the Scheme Continuous Offer PContinuous Offer PContinuous Offer PContinuous Offer PContinuous Offer Perioderioderioderioderiod( i )( i )( i )( i )( i ) Load StructureLoad StructureLoad StructureLoad StructureLoad Structure Entry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not Applicable
Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on theinvestors’ assessment of various factors including the service rendered by the ARN Holder.Exit Load :Exit Load :Exit Load :Exit Load :Exit Load :• In respect of eacheacheacheacheach purchase / switch-in of units, an Exit Load of 1.00% is payable if Units are redeemed /
switched-out within 1 year from the date of allotment.• No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.Please refer point no 5 on page 33 for further details on load structure.The Trustee reserves the right to change / modify the load structure from a prospective date.
( i i )( i i )( i i )( i i )( i i ) Recurring ExpensesRecurring ExpensesRecurring ExpensesRecurring ExpensesRecurring Expenses First A 100 crores 2.25(% of weekly average(% of weekly average(% of weekly average(% of weekly average(% of weekly average Next A 300 crores 2.00 Actual expenses for the previous financial year endedNet Assets)Net Assets)Net Assets)Net Assets)Net Assets) Next A 300 crores 1.75 March 31, 2011 (Unaudited) : 2.12% p.a.
Balance 1.50Waiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for Direct Not Applicable. Please refer to point 6 on page 33 for details.ApplicationsApplicationsApplicationsApplicationsApplicationsTTTTTax treatment for theax treatment for theax treatment for theax treatment for theax treatment for the Investors are advised to refer to the Section on ‘T‘T‘T‘T‘Taxation on invaxation on invaxation on invaxation on invaxation on investing in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ in the ‘Statement of‘Statement of‘Statement of‘Statement of‘Statement ofInvestors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders) Additional Information’Additional Information’Additional Information’Additional Information’Additional Information’ and to consult their own tax advisors with respect to the specific amount of tax and other
implications arising out of their participation in the Scheme.Daily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset Value (NAalue (NAalue (NAalue (NAalue (NAV)V)V)V)V) The NAV will be declared on all Business Days and will be published in 2 newspapers NAV can also be viewed onPublicationPublicationPublicationPublicationPublication wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com and wwwwwwwwwwwwwww.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com. Investors may also contact any of the Investor Service Centres
(ISCs) of HDFC Mutual Fund.For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances, Please refer to point 7 on page 33 for details.Please contactPlease contactPlease contactPlease contactPlease contactUnit holder’Unit holder’Unit holder’Unit holder’Unit holder’s Informations Informations Informations Informations Information Please refer to point 8 on page 33 for details.
‡ Due to an overall sharp rise in the stock prices
Key Information Memorandum 17
Name & TName & TName & TName & TName & Type of Schemeype of Schemeype of Schemeype of Schemeype of Scheme HDFC Prudence Fund (HPF)HDFC Prudence Fund (HPF)HDFC Prudence Fund (HPF)HDFC Prudence Fund (HPF)HDFC Prudence Fund (HPF) (An Open-ended Balanced Scheme)Investment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment Objective To provide periodic returns and capital appreciation over a long period of time from a judicious mix of equity and
debt investments with an aim to prevent / minimise any capital erosion.Asset AllocationAsset AllocationAsset AllocationAsset AllocationAsset Allocation TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments Normal AllocationNormal AllocationNormal AllocationNormal AllocationNormal AllocationPPPPPattern of the Schemeattern of the Schemeattern of the Schemeattern of the Schemeattern of the Scheme (% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)
Equity & Equity linked instruments 40 - 75Debt Securities and Money Market Instruments* 25 - 60*Investment in Securitised debt, if undertaken, would not exceed 10% of the net assets of the Scheme.The Scheme may seek investment opportunity in the ADR / GDR / Foreign Equity and Debt Securities (max. 40% of net assets) subjectto SEBI (Mutual Funds) Regulations, 1996. The Scheme may use derivatives mainly for the purpose of hedging and portfoliobalancing (max. 25% of net assets) based on the opportunities available subject to SEBI (Mutual Funds) Regulations, 1996.
Investment StrategyInvestment StrategyInvestment StrategyInvestment StrategyInvestment Strategy The Scheme is an open-ended balanced scheme. This Scheme provides a judicious mix of equity and debt investments.The net assets of the Scheme shall be invested in equity and equity related instruments between the range of 40-75% andin debt securities and money market instruments between the range of 25-60%. The Fund Manager would continuouslymonitor the potential for both debt and equities to arrive at a dynamic allocation between the asset classes. The exactportfolio mix will be a function of interest rates, equity valuations, reserves position and risk taking capacity of the portfolio.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Comparison of ExistingComparison of ExistingComparison of ExistingComparison of ExistingComparison of Existing For Comparison of Existing Schemes, Risk Mitigation Strategy, Asset Under Management (AUM) andSchemes & RiskSchemes & RiskSchemes & RiskSchemes & RiskSchemes & Risk Number of Folios, please refer to point 1 on pages 24 - 30 for details.Mitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the Scheme Please refer to point 2 on pages 31 - 33 for details.Plans and OptionsPlans and OptionsPlans and OptionsPlans and OptionsPlans and Options PlansPlansPlansPlansPlans ::::: • Nil
* If the dividend amount payable to the Unitholders under the Dividend Payout Option of the Scheme, is equal to orless than the threshold limit of A 500, then such dividend amount will be compulsorily & automatically reinvested inthe Scheme. Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAVVVVV Please refer to point 3 on page 32 - 33 for details.Minimum ApplicationMinimum ApplicationMinimum ApplicationMinimum ApplicationMinimum Application PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchaseAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of Units(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option) A 5,000 and any amount thereafter. A 1,000 and any amount thereafter. A 500 or minimum of 50 unitsDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the official points of acceptance of HDFC Mutual Fund.(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) RequestBenchmark IndexBenchmark IndexBenchmark IndexBenchmark IndexBenchmark Index CRISIL Balanced Fund IndexDividend PDividend PDividend PDividend PDividend Policyolicyolicyolicyolicy Please refer to point 4 on page 33 for details.Name of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund Manager Mr. Prashant Jain
Mr. Miten Lathia (Dedicated Fund Manager for Overseas Investments)Name of the TName of the TName of the TName of the TName of the Trustee Companyrustee Companyrustee Companyrustee Companyrustee Company HDFC Trustee Company LimitedPPPPPerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Scheme HDFC Prudence Fund - Growth OptionHDFC Prudence Fund - Growth OptionHDFC Prudence Fund - Growth OptionHDFC Prudence Fund - Growth OptionHDFC Prudence Fund - Growth Option Absolute Returns for each F Absolute Returns for each F Absolute Returns for each F Absolute Returns for each F Absolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last 5 year for last 5 year for last 5 year for last 5 year for last 5 years^ears^ears^ears^ears^(as at (as at (as at (as at (as at March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011) PPPPPerioderioderioderioderiod ReturnsReturnsReturnsReturnsReturns Benchmark Benchmark Benchmark Benchmark Benchmark
(%)(%)(%)(%)(%)$$$$$$^$^$^$^$^ Returns (%)#Returns (%)#Returns (%)#Returns (%)#Returns (%)#Last 1 Year (365 days) 17.49 9.37Last 3 Years (1095 days) 18.75 8.13Last 5 Years (1826 days) 17.53 10.59Last 10 Years (3653 days) 28.48 N.A.Last 15 Years (5480 days) 24.75 N.A.Since Inception* (6267 days) 21.33 N.A.
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustained iny not be sustained iny not be sustained iny not be sustained iny not be sustained inthe futurethe futurethe futurethe futurethe futureAbove returns are compounded annualized (CAGR).*Inception Date: February 1, 1994# CRISIL Balanced Fund Index$$ All dividends declared prior to the splitting of theScheme into Dividend & Growth Options areassumed to be reinvested in the units of the Schemeat the then prevailing NAV (ex-dividend NAV).N.A. - Not available.
Expenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the Scheme Continuous Offer PContinuous Offer PContinuous Offer PContinuous Offer PContinuous Offer Perioderioderioderioderiod( i )( i )( i )( i )( i ) Load StructureLoad StructureLoad StructureLoad StructureLoad Structure Entry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not Applicable
Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on theinvestors’ assessment of various factors including the service rendered by the ARN Holder.Exit Load :Exit Load :Exit Load :Exit Load :Exit Load :• In respect of eacheacheacheacheach purchase / switch-in of units, an Exit Load of 1.00% is payable if Units are redeemed /
switched-out within 1 year from the date of allotment.• No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.Please refer point no 5 on page 33 for further details on load structure.The Trustee reserves the right to change / modify the load structure from a prospective date.
( i i )( i i )( i i )( i i )( i i ) Recurring ExpensesRecurring ExpensesRecurring ExpensesRecurring ExpensesRecurring Expenses First A 100 crores 2.50(% of weekly average(% of weekly average(% of weekly average(% of weekly average(% of weekly average Next A 300 crores 2.25 Actual expenses for the previous financial year endedNet Assets)Net Assets)Net Assets)Net Assets)Net Assets) Next A 300 crores 2.00 March 31, 2011 (Unaudited) : 1.81% p.a.
Balance 1.75Waiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for Direct Not Applicable. Please refer to point 6 on page 33 for details.ApplicationsApplicationsApplicationsApplicationsApplicationsTTTTTax treatment for theax treatment for theax treatment for theax treatment for theax treatment for the Investors are advised to refer to the Section on ‘T‘T‘T‘T‘Taxation on invaxation on invaxation on invaxation on invaxation on investing in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ in the ‘Statement of‘Statement of‘Statement of‘Statement of‘Statement ofInvestors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders) Additional Information’Additional Information’Additional Information’Additional Information’Additional Information’ and to consult their own tax advisors with respect to the specific amount of tax and other
implications arising out of their participation in the Scheme.Daily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset Value (NAalue (NAalue (NAalue (NAalue (NAV)V)V)V)V) The NAV will be declared on all Business Days and will be published in 2 newspapers NAV can also be viewed onPublicationPublicationPublicationPublicationPublication wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com and wwwwwwwwwwwwwww.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com. Investors may also contact any of the Investor Service Centres
(ISCs) of HDFC Mutual Fund.For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances, Please refer to point 7 on page 33 for details.Please contactPlease contactPlease contactPlease contactPlease contactUnit holder’Unit holder’Unit holder’Unit holder’Unit holder’s Informations Informations Informations Informations Information Please refer to point 8 on page 33 for details.
‡ Due to an overall sharp rise in the stock prices
18 HDFC Mutual Fund
Name & TName & TName & TName & TName & Type of Schemeype of Schemeype of Schemeype of Schemeype of Scheme HDFC Long THDFC Long THDFC Long THDFC Long THDFC Long Term Advantage Fund (HLerm Advantage Fund (HLerm Advantage Fund (HLerm Advantage Fund (HLerm Advantage Fund (HLTTTTTAF)AF)AF)AF)AF)(An Open-ended Equity Linked Savings Scheme with a lock-in period of 3 years)
Investment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment Objective To generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity-related instruments.Note : Units purchased (including units allotted on dividend reinvestment) cannot be assigned / transferred /pledged / redeemed / switched out until completion of 3 years from the date of allotment of the respective Units.The AMC reserves the right to change the Lock-in Period prospectively from time to time to the extent permittedunder the Equity Linked Savings Scheme (ELSS), 1992 as amended from time to time.
Asset AllocationAsset AllocationAsset AllocationAsset AllocationAsset Allocation TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments Normal AllocationNormal AllocationNormal AllocationNormal AllocationNormal AllocationPPPPPattern of the Schemeattern of the Schemeattern of the Schemeattern of the Schemeattern of the Scheme (% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)
Equities & Equity linked instruments 80Debt securities, Money market instruments (including cash / CBLO/Reverse Repos) 20The Scheme may seek investment opportunity in the ADR / GDR / Foreign Equity and Debt Securities subject to SEBI (MutualFunds) Regulations, 1996. The Scheme may use derivatives mainly for the purpose of hedging and portfolio balancing (max.20% of net assets) based on the opportunities available subject to SEBI (Mutual Funds) Regulations, 1996. The Scheme willnot invest in Foreign Securitised Debt.
Investment StrategyInvestment StrategyInvestment StrategyInvestment StrategyInvestment Strategy This Scheme is launched as an open-ended Equity Linked Savings Scheme(s) having a lock-in period of 3 years inaccordance with the Equity Linked Savings Scheme, 1992 as amended in 1998. The net assets of the Scheme will beinvested predom-inantly in equity and equity related instruments. A part of the net assets of the Scheme may beinvested in debt securities and money market instruments. Invest-ment made in this Scheme is eligible for tax benefitunder section 80C of the Income-tax Act, 1961.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Comparison of ExistingComparison of ExistingComparison of ExistingComparison of ExistingComparison of Existing For Comparison of Existing Schemes, Risk Mitigation Strategy, Asset Under Management (AUM) andSchemes & RiskSchemes & RiskSchemes & RiskSchemes & RiskSchemes & Risk Number of Folios, please refer to point 1 on pages 24 - 30 for details.Mitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the Scheme Please refer to point 2 on pages 31 - 33 for details.Plans and OptionsPlans and OptionsPlans and OptionsPlans and OptionsPlans and Options PlansPlansPlansPlansPlans ::::: • Nil
Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAVVVVV Please refer to point 3 on page 32 - 33 for details.
Minimum ApplicationMinimum ApplicationMinimum ApplicationMinimum ApplicationMinimum Application PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchaseAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of Units A 500 and in multiples A 500 and in multiples(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option) of A 500 thereafter of A 500 thereafter A 500 or minimum of 50 units
Despatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the official points of acceptance of HDFC Mutual Fund.(Redemption)(Redemption)(Redemption)(Redemption)(Redemption) RequestRequestRequestRequestRequestBenchmark IndexBenchmark IndexBenchmark IndexBenchmark IndexBenchmark Index SENSEX. Please refer point 9 on page 33 for further details.Dividend PDividend PDividend PDividend PDividend Policyolicyolicyolicyolicy Please refer to point 4 on page 33 for details.Name of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund Manager Mr. Chirag Setalvad
Mr. Miten Lathia (Dedicated Fund Manager for Overseas Investments)Name of the TName of the TName of the TName of the TName of the Trusteerusteerusteerusteerustee HDFC Trustee Company LimitedCompanyCompanyCompanyCompanyCompanyPPPPPerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Scheme HDFC Long THDFC Long THDFC Long THDFC Long THDFC Long Term Advantage Fund - Groerm Advantage Fund - Groerm Advantage Fund - Groerm Advantage Fund - Groerm Advantage Fund - Growth Optionwth Optionwth Optionwth Optionwth Option Absolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last 5 year for last 5 year for last 5 year for last 5 year for last 5 years^ears^ears^ears^ears^(as at (as at (as at (as at (as at March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011) PPPPPerioderioderioderioderiod ReturnsReturnsReturnsReturnsReturns Benchmark Benchmark Benchmark Benchmark Benchmark
(%)^(%)^(%)^(%)^(%)^ Returns (%)#Returns (%)#Returns (%)#Returns (%)#Returns (%)#Last 1 Year (365 days) 16.76 10.94Last 3 Years (1095 days) 13.09 7.52Last 5 Years (1826 days) 10.07 11.50Last 10 Years (3653 days) 31.06 18.34Since Inception* (3740 days) 29.29 16.63
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustained iny not be sustained iny not be sustained iny not be sustained iny not be sustained inthe futurethe futurethe futurethe futurethe futureAbove returns are compounded annualized (CAGR).*Inception Date: January 2, ’01# SENSEX
Expenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the Scheme Continuous Offer PContinuous Offer PContinuous Offer PContinuous Offer PContinuous Offer Perioderioderioderioderiod( i )( i )( i )( i )( i ) Load StructureLoad StructureLoad StructureLoad StructureLoad Structure Entry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not Applicable
Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based onthe investors’ assessment of various factors including the service rendered by the ARN Holder.Exit Load : Exit Load : Exit Load : Exit Load : Exit Load : NilPlease refer point no 5 on page 33 for further details on load structure.The Trustee reserves the right to change / modify the load structure from a prospective date.
( i i )( i i )( i i )( i i )( i i ) Recurring ExpensesRecurring ExpensesRecurring ExpensesRecurring ExpensesRecurring Expenses First A 100 crores 2.50(% of weekly average(% of weekly average(% of weekly average(% of weekly average(% of weekly average Next A 300 crores 2.25 Actual expenses for the previous financial year endedNet Assets)Net Assets)Net Assets)Net Assets)Net Assets) Next A 300 crores 2.00 March 31, 2011 (Unaudited) : 2.06% p.a.
Balance 1.75Waiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for Direct Not Applicable. Please refer to point 6 on page 33 for details.ApplicationsApplicationsApplicationsApplicationsApplicationsTTTTTax treatment for theax treatment for theax treatment for theax treatment for theax treatment for the Investors are advised to refer to the Section on ‘T‘T‘T‘T‘Taxation on invaxation on invaxation on invaxation on invaxation on investing in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ in the ‘Statement of‘Statement of‘Statement of‘Statement of‘Statement ofInvestors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders) Additional Information’Additional Information’Additional Information’Additional Information’Additional Information’ and to consult their own tax advisors with respect to the specific amount of tax and other
implications arising out of their participation in the Scheme.Daily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset Value (NAalue (NAalue (NAalue (NAalue (NAV)V)V)V)V) The NAV will be declared on all Business Days and will be published in 2 newspapers NAV can also be viewed onPublicationPublicationPublicationPublicationPublication wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com and wwwwwwwwwwwwwww.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com. Investors may also contact any of the Investor Service Centres
(ISCs) of HDFC Mutual Fund.For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances, Please refer to point 7 on page 33 for details.Please contactPlease contactPlease contactPlease contactPlease contactUnit holder’Unit holder’Unit holder’Unit holder’Unit holder’s Informations Informations Informations Informations Information Please refer to point 8 on page 33 for details.
‡ Due to an overall sharp rise in the stock prices
Key Information Memorandum 19
Name & TName & TName & TName & TName & Type of Schemeype of Schemeype of Schemeype of Schemeype of Scheme HDFC THDFC THDFC THDFC THDFC TaxSaaxSaaxSaaxSaaxSavvvvver (HTS)er (HTS)er (HTS)er (HTS)er (HTS) (An Open-ended Equity Linked Savings Scheme with a lock-in period of 3 years)Investment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment Objective To achieve long term growth of capital.
Note : Units purchased (including units allotted on dividend reinvestment) cannot be assigned / transferred / pledged /redeemed / switched out until completion of 3 years from thedate of allotment of the respective Units. The AMC reserves theright to change the Lock-in Period prospectively from time to timeto the extent permitted under the Equity Linked SavingsScheme (ELSS), 1992 as amended from time to time.
Asset AllocationAsset AllocationAsset AllocationAsset AllocationAsset Allocation TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments Normal Allocation (% of Net Assets)Normal Allocation (% of Net Assets)Normal Allocation (% of Net Assets)Normal Allocation (% of Net Assets)Normal Allocation (% of Net Assets)PPPPPattern of the Schemeattern of the Schemeattern of the Schemeattern of the Schemeattern of the Scheme Equities & related instruments Minimum 80
Debt and money market instruments* Maximum 20*Investment in Securitised debt, if undertaken, would not exceed 20% of the net assets of the Scheme.The Scheme may seek investment opportunity in the ADR / GDR / Foreign Equity and Debt Securities (max. 40% of net assets)subject to SEBI (Mutual Funds) Regulations, 1996. The Scheme may use derivatives mainly for the purpose of hedging and portfoliobalancing (max. 25% of net assets) based on the opportunities available subject to SEBI (Mutual Funds) Regulations, 1996.
Investment StrategyInvestment StrategyInvestment StrategyInvestment StrategyInvestment Strategy This Scheme is launched as an open-ended Equity Linked Savings Scheme(s) having a lock-in period of 3 years inaccordance with the Equity Linked Savings Scheme, 1992 as amended in 1998. The net assets of the Scheme will beinvested predom-inantly in equity and equity related instruments. A part of the net assets of the Scheme may beinvested in debt securities and money market instruments. Invest-ment made in this Scheme is eligible for tax benefitunder section 80C of the Income-tax Act, 1961.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Comparison of ExistingComparison of ExistingComparison of ExistingComparison of ExistingComparison of Existing For Comparison of Existing Schemes, Risk Mitigation Strategy, Asset Under Management (AUM) andSchemes & RiskSchemes & RiskSchemes & RiskSchemes & RiskSchemes & Risk Number of Folios, please refer to point 1 on pages 24 - 30 for details.Mitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the Scheme Please refer to point 2 on pages 31 - 33 for details.Plans and OptionsPlans and OptionsPlans and OptionsPlans and OptionsPlans and Options PlansPlansPlansPlansPlans ::::: • Nil
Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAVVVVV Please refer to point 3 on page 32 - 33 for details.Minimum ApplicationMinimum ApplicationMinimum ApplicationMinimum ApplicationMinimum Application PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchaseAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of Units A 500 and in multiples A 500 and in multiples(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option) of A 500 thereafter. of A 500 thereafter. A 500 or minimum of 50 unitsDDDDDespatch of Repurchaseespatch of Repurchaseespatch of Repurchaseespatch of Repurchaseespatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the official points of acceptance of HDFC Mutual Fund.(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) RequestBenchmark IndexBenchmark IndexBenchmark IndexBenchmark IndexBenchmark Index S&P CNX 500. Please refer point 9 on page 33 for further details.Dividend PDividend PDividend PDividend PDividend Policyolicyolicyolicyolicy Please refer to point 4 on page 33 for details.Name of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund Manager Mr. Vinay Kulkarni
Mr. Miten Lathia (Dedicated Fund Manager for Overseas Investments)Name of the TName of the TName of the TName of the TName of the Trusteerusteerusteerusteerustee HDFC Trustee Company LimitedCompanyCompanyCompanyCompanyCompanyPPPPPerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Scheme HDFC THDFC THDFC THDFC THDFC TaxSaaxSaaxSaaxSaaxSavvvvver - Groer - Groer - Groer - Groer - Growth Optionwth Optionwth Optionwth Optionwth Option Absolute Returns for each F Absolute Returns for each F Absolute Returns for each F Absolute Returns for each F Absolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last 5 year for last 5 year for last 5 year for last 5 year for last 5 years^ears^ears^ears^ears^(as at (as at (as at (as at (as at March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011) PPPPPerioderioderioderioderiod ReturnsReturnsReturnsReturnsReturns Benchmark Benchmark Benchmark Benchmark Benchmark
(%)$(%)$(%)$(%)$(%)$$$$$$^̂̂̂̂ Returns (%)#Returns (%)#Returns (%)#Returns (%)#Returns (%)#Last 1 Year (365 days) 13.24 7.26Last 3 Years (1095 days) 15.28 6.54Last 5 Years (1826 days) 12.15 9.71Last 10 Years (3653 days) 30.91 19.87Since Inception* (5478 days) 31.18 13.41
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustained iny not be sustained iny not be sustained iny not be sustained iny not be sustained inthe futurethe futurethe futurethe futurethe futureAbove returns are compounded annualized (CAGR).*Inception Date: March 31, ’96# S&P CNX 500$$ All dividends declared prior to the splitting of theScheme into Dividend & Growth Options areassumed to be reinvested in the units of the Schemeat the then prevailing NAV (ex-dividend NAV).
Expenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the Scheme Continuous Offer PContinuous Offer PContinuous Offer PContinuous Offer PContinuous Offer Perioderioderioderioderiod( i )( i )( i )( i )( i ) Load StructureLoad StructureLoad StructureLoad StructureLoad Structure Entry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not Applicable
Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on theinvestors’ assessment of various factors including the service rendered by the ARN Holder.Exit Load: Exit Load: Exit Load: Exit Load: Exit Load: NilPlease refer point no 5 on page 33 for further details on load structure.The Trustee reserves the right to change / modify the load structure from a prospective date.
( i i )( i i )( i i )( i i )( i i ) Recurring ExpensesRecurring ExpensesRecurring ExpensesRecurring ExpensesRecurring Expenses First A 100 crores 2.50(% of weekly average(% of weekly average(% of weekly average(% of weekly average(% of weekly average Next A 300 crores 2.25 Actual expenses for the previous financial year endedNet Assets)Net Assets)Net Assets)Net Assets)Net Assets) Next A 300 crores 2.00 March 31, 2011 (Unaudited) : 1.86% p.a.
Balance 1.75Waiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for Direct Not Applicable. Please refer to point 6 on page 33 for details.ApplicationsApplicationsApplicationsApplicationsApplicationsTTTTTax treatment for theax treatment for theax treatment for theax treatment for theax treatment for the Investors are advised to refer to the Section on ‘T‘T‘T‘T‘Taxation on invaxation on invaxation on invaxation on invaxation on investing in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ in the ‘Statement of‘Statement of‘Statement of‘Statement of‘Statement ofInvestors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders) Additional Information’Additional Information’Additional Information’Additional Information’Additional Information’ and to consult their own tax advisors with respect to the specific amount of tax and other
implications arising out of their participation in the Scheme.Daily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset Value (NAalue (NAalue (NAalue (NAalue (NAV)V)V)V)V) The NAV will be declared on all Business Days and will be published in 2 newspapers NAV can also be viewed onPublicationPublicationPublicationPublicationPublication wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com and wwwwwwwwwwwwwww.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com. Investors may also contact any of the Investor Service Centres
(ISCs) of HDFC Mutual Fund.For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances, Please refer to point 7 on page 33 for details.Please contactPlease contactPlease contactPlease contactPlease contactUnit holder’Unit holder’Unit holder’Unit holder’Unit holder’s Informations Informations Informations Informations Information Please refer to point 8 on page 33 for details.
‡ Due to an overall sharp rise in the stock prices
20 HDFC Mutual Fund
Name & TName & TName & TName & TName & Type of Schemeype of Schemeype of Schemeype of Schemeype of Scheme HDFC Index Fund (HIF)HDFC Index Fund (HIF)HDFC Index Fund (HIF)HDFC Index Fund (HIF)HDFC Index Fund (HIF) (An Open-ended Index Linked Scheme)
Investment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment Objective SENSEX Plan : SENSEX Plan : SENSEX Plan : SENSEX Plan : SENSEX Plan : To generate returns that are commensurate with the performance of the SENSEX, subject to tracking errorsNifty Plan :Nifty Plan :Nifty Plan :Nifty Plan :Nifty Plan : To generate returns that are commensurate with the performance of the Nifty, subject to tracking errors
SENSEX Plus Plan : SENSEX Plus Plan : SENSEX Plus Plan : SENSEX Plus Plan : SENSEX Plus Plan : To invest 80 to 90% of the net assets of the Plan in companies whose securities are includedin SENSEX and between 10% & 20% of the net assets in companies whose securities are not included in theSENSEX.
Asset AllocationAsset AllocationAsset AllocationAsset AllocationAsset Allocation TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments Normal AllocationNormal AllocationNormal AllocationNormal AllocationNormal AllocationPPPPPattern of the Schemeattern of the Schemeattern of the Schemeattern of the Schemeattern of the Scheme (% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)
Securities covered by the SENSEX 95 - 100Cash & Money Market instruments, including CBLO/Reverse Repos but 0 - 5excluding Subscription and Redemption Cash FlowNifty PlanNifty PlanNifty PlanNifty PlanNifty PlanSecurities covered by the Nifty 95 - 100Cash & Money Market Instruments, including CBLO/Reverse Repos but 0 - 5excluding subscription and Redemption Cash FlowSENSEX Plus PlanSENSEX Plus PlanSENSEX Plus PlanSENSEX Plus PlanSENSEX Plus PlanSecurities covered by the SENSEX 80 - 90Securities other than covered by SENSEX 10 - 20Money Market instruments, convertible bonds & cash including CBLO/Reverse 0 - 5Repos but excluding Subscription and Redemption Cash FlowSubscription Cash Flow is the subscription money in transit before deployment and Redemption Cash Flow is themoney kept aside for meeting redemptions.The respective Plans under the Scheme may use derivatives mainly for the purpose of hedging and portfoliobalancing (max. 50% of net assets) based on the opportunities available subject to SEBI (Mutual Funds) Regulations,1996. The Scheme will not invest in Foreign Securitised Debt.
Investment StrategyInvestment StrategyInvestment StrategyInvestment StrategyInvestment Strategy SENSEX PLANSENSEX PLANSENSEX PLANSENSEX PLANSENSEX PLAN: : : : : This Plan under the Scheme will generate returns by investing predominantly in stocks constitutingthe SENSEX and / or in exchange traded derivatives on SENSEX. The returns of the Plan shall be commensurate withthe performance of the SENSEX, subject to tracking errors. A small portion of the net assets may be invested in moneymarket instruments.Nifty Plan: Nifty Plan: Nifty Plan: Nifty Plan: Nifty Plan: This Plan under the Scheme will generate returns by investing predominantly in stocks constituting the S&PCNX Nifty and / or in exchange traded derivatives on the S&P CNX Nifty. The returns of the Plan shall be commensuratewith the performance of the Nifty, subject to tracking errors. A small portion of the net assets may be invested in moneymarket instruments.SENSEXSENSEXSENSEXSENSEXSENSEX Plus Plan: Plus Plan: Plus Plan: Plus Plan: Plus Plan: This Plan under the Scheme will generate returns by investing 80 to 90% of the net assets incompanies whose securities are included in SENSEX and between 10% & 20% of the net assets in companies whosesecurities are not included in the SENSEX. A small portion of the net assets may be invested in money marketinstruments.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Comparison of ExistingComparison of ExistingComparison of ExistingComparison of ExistingComparison of Existing For Comparison of Existing Schemes, Risk Mitigation Strategy, Asset Under Management (AUM) andSchemes & RiskSchemes & RiskSchemes & RiskSchemes & RiskSchemes & Risk Number of Folios, please refer to point 1 on pages 24 - 30 for details.Mitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyMitigation Strategy
Risk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the Scheme Please refer to point 2 on pages 31 - 33 for details.
Plans and OptionsPlans and OptionsPlans and OptionsPlans and OptionsPlans and Options PlansPlansPlansPlansPlans ::::: • SENSEX Plan • Nifty Plan • SENSEX Plus PlanOptionsOptionsOptionsOptionsOptions ::::: Each Plan offers Growth Option only
Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAVVVVV Please refer to point 3 on page 32 - 33 for details.
Minimum ApplicationMinimum ApplicationMinimum ApplicationMinimum ApplicationMinimum Application PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchaseAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of Units(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option) A 5,000 and any amount thereafter.##### A 1,000 and any amount thereafter.##### A 500
Mode of PMode of PMode of PMode of PMode of Paaaaayment foryment foryment foryment foryment for # # # # # All applications for purchase of units including additional purchases for an amount of A 5 Lakhs and above willPurchase transactionsPurchase transactionsPurchase transactionsPurchase transactionsPurchase transactions be accepted with payment mode only as Real Time Gross Settlement (RTGS) /National Electronic Funds Transfer (NEFT)/
Funds Transfer Letter/ Transfer Cheque of a bank where the Scheme has a collection account.Any application for an amount of A 5 Lakhs and above with payment mode other than the above will be rejected.
Despatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the official points of acceptance of HDFC Mutual Fund.(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request
Benchmark IndexBenchmark IndexBenchmark IndexBenchmark IndexBenchmark Index • SENSEX Plan : SENSEX (Total Returns Index)
• Nifty Plan : S&P CNX Nifty (Total Returns Index)
• SENSEX Plus Plan : SENSEX (Total Returns Index)
Please refer point 9 on page 33 for further details.
Dividend PDividend PDividend PDividend PDividend Policyolicyolicyolicyolicy Please refer to point 4 on page 33 for details.
Name of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund Manager Mr. Vinay Kulkarni
Name of the TName of the TName of the TName of the TName of the Trusteerusteerusteerusteerustee HDFC Trustee Company LimitedCompanyCompanyCompanyCompanyCompany
Key Information Memorandum 21
HDFC Index Fund (HIF)HDFC Index Fund (HIF)HDFC Index Fund (HIF)HDFC Index Fund (HIF)HDFC Index Fund (HIF) (An Open-ended Index Linked Scheme) (Contd....)
PPPPPerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Scheme SENSEXSENSEXSENSEXSENSEXSENSEX Plan - Growth Option Plan - Growth Option Plan - Growth Option Plan - Growth Option Plan - Growth Option Absolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last 5 year for last 5 year for last 5 year for last 5 year for last 5 years^ears^ears^ears^ears^(as at (as at (as at (as at (as at March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011) PPPPPerioderioderioderioderiod ReturnsReturnsReturnsReturnsReturns Benchmark Benchmark Benchmark Benchmark Benchmark
Last 1 Year (365 days) 10.46 12.14Last 3 Years (1095 days) 5.68 8.78Last 5 Years (1826 days) 8.95 13.29Since Inception* (3179 days) 20.30 25.52
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustained iny not be sustained iny not be sustained iny not be sustained iny not be sustained inthe futurethe futurethe futurethe futurethe futureAbove returns are compounded annualized (CAGR).*Inception Date: July 17, ’02# SENSEX (Total Returns Index)Face value per unit: A 32.1610
Nifty Plan - Growth OptionNifty Plan - Growth OptionNifty Plan - Growth OptionNifty Plan - Growth OptionNifty Plan - Growth Option Absolute Returns for each F Absolute Returns for each F Absolute Returns for each F Absolute Returns for each F Absolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last 5 year for last 5 year for last 5 year for last 5 year for last 5 years^ears^ears^ears^ears^
Last 1 Year (365 days) 10.46 12.36Last 3 Years (1095 days) 5.98 8.34Last 5 Years (1826 days) 8.47 12.70Since Inception* (3179 days) 19.98 23.79
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustained iny not be sustained iny not be sustained iny not be sustained iny not be sustained inthe futurethe futurethe futurethe futurethe futureAbove returns are compounded annualized (CAGR).*Inception Date: July 17, ’02# S&P CNX Nifty (Total Returns Index)Face value per unit: A 10.3260
SSSSSENSEX ENSEX ENSEX ENSEX ENSEX Plus Plan - Growth OptionPlus Plan - Growth OptionPlus Plan - Growth OptionPlus Plan - Growth OptionPlus Plan - Growth Option Absolute Returns for each F Absolute Returns for each F Absolute Returns for each F Absolute Returns for each F Absolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last 5 year for last 5 year for last 5 year for last 5 year for last 5 years^ears^ears^ears^ears^
Last 1 Year (365 days) 14.63 12.14Last 3 Years (1095 days) 12.06 8.78Last 5 Years (1826 days) 14.06 13.29Since Inception* (3179 days) 25.67 25.52
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustained iny not be sustained iny not be sustained iny not be sustained iny not be sustained inthe futurethe futurethe futurethe futurethe futureAbove returns are compounded annualized (CAGR).*Inception Date: July 17, ’02# SENSEX (Total Returns Index)Face value per unit: A 32.1610
Expenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the Scheme Continuous Offer PContinuous Offer PContinuous Offer PContinuous Offer PContinuous Offer Perioderioderioderioderiod
( i )( i )( i )( i )( i ) Load StructureLoad StructureLoad StructureLoad StructureLoad Structure Entry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) basedon the investors’ assessment of various factors including the service rendered by the ARN Holder.
Please refer point no 5 on page 33 for further details on load structure. The Trustee reserves the right to change / modifythe load structure from a prospective date.
( i i )( i i )( i i )( i i )( i i ) Recurring ExpensesRecurring ExpensesRecurring ExpensesRecurring ExpensesRecurring Expenses The total recurring expenses of the Scheme Actual expenses for the previous financial year ended(% of weekly average(% of weekly average(% of weekly average(% of weekly average(% of weekly average shall not exceed 1.50%. March 31, 2011 (Unaudited) : SENSEX Plan : 1.00% p.a.,Net Assets)Net Assets)Net Assets)Net Assets)Net Assets) Nifty Plan : 1.00% p.a., SENSEX Plus Plan : 1.00% p.a.
Waiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for Direct Not Applicable. Please refer to point 6 on page 33 for details.ApplicationsApplicationsApplicationsApplicationsApplications
TTTTTax treatment for theax treatment for theax treatment for theax treatment for theax treatment for the Investors are advised to refer to the Section on ‘T‘T‘T‘T‘Taxation on invaxation on invaxation on invaxation on invaxation on investing in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ in the ‘Statement of‘Statement of‘Statement of‘Statement of‘Statement ofInvestors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders) Additional Information’Additional Information’Additional Information’Additional Information’Additional Information’ and to consult their own tax advisors with respect to the specific amount of tax and other
implications arising out of their participation in the Scheme.
Daily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset Value (NAalue (NAalue (NAalue (NAalue (NAV)V)V)V)V) The NAV will be declared on all Business Days and will be published in 2 newspapers NAV can also be viewed onPublicationPublicationPublicationPublicationPublication wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com and wwwwwwwwwwwwwww.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com. Investors may also contact any of the Investor Service Centres
(ISCs) of HDFC Mutual Fund.
For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances, Please refer to point 7 on page 33 for details.Please contactPlease contactPlease contactPlease contactPlease contact
Unit holder’Unit holder’Unit holder’Unit holder’Unit holder’s Informations Informations Informations Informations Information Please refer to point 8 on page 33 for details.
‡ Due to an overall sharp rise in the stock prices
‡ Due to an overall sharp rise in the stock prices
‡ Due to an overall sharp rise in the stock prices
22 HDFC Mutual Fund
Name & TName & TName & TName & TName & Type of Schemeype of Schemeype of Schemeype of Schemeype of Scheme HDFC MF Monthly Income Plan (HMIP)HDFC MF Monthly Income Plan (HMIP)HDFC MF Monthly Income Plan (HMIP)HDFC MF Monthly Income Plan (HMIP)HDFC MF Monthly Income Plan (HMIP)(An Open-ended Income Scheme. Monthly Income is not assured and is subject to availability ofdistributable surplus)
Investment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment ObjectiveInvestment Objective The primary objective of Scheme is to generate regular returns through investment primarily in Debt and MoneyMarket Instruments. The secondary objective of the Scheme is to generate long-term capital appreciation byinvesting a portion of the Scheme’s assets in equity and equity related instruments.
Asset AllocationAsset AllocationAsset AllocationAsset AllocationAsset Allocation TTTTTypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instrumentsypes of Instruments Normal AllocationNormal AllocationNormal AllocationNormal AllocationNormal AllocationPPPPPattern of the Schemeattern of the Schemeattern of the Schemeattern of the Schemeattern of the Scheme (% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)(% of Net Assets)
The investments in central and state government securities will not exceed 75% of the net assets of the respective Plans.It is the intention of the Scheme that the investments in securitised debt will not, normally exceed 75% of the netassets of the respective Plans.The Scheme may seek investment opportunity in the ADR / GDR / Foreign Equity and Debt Securities (max. 25% ofnet assets in ADR / GDR and Foreign Equity Securities and max. 50% of net assets in Foreign Debt Securities) subjectto SEBI (Mutual Funds) Regulations, 1996. The Scheme may use derivatives mainly for the purpose of hedging andportfolio balancing based on the opportunities available subject to SEBI (Mutual Funds) Regulations, 1996.
Investment StrategyInvestment StrategyInvestment StrategyInvestment StrategyInvestment Strategy The Scheme offers investors two plans namely, Short Term Plan and Long Term Plan. Each Plan is managed asa separate investment portfolio. The net assets of the Scheme will be invested primarily in debt securities and moneymarket instruments and balance in equity and equity related instruments.
••••• Equity Investments : Equity Investments : Equity Investments : Equity Investments : Equity Investments : The following are the five basic principles that serve as the foundation for this investment approach:i) Focus on the long term;ii) Investments confer proportionate ownership;iii) Maintain a margin of safety;iv) Maintain a balanced outlook on the market;v) Disciplined approach to selling
••••• Debt Investments : Debt Investments : Debt Investments : Debt Investments : Debt Investments : The Scheme will retain the flexibility to invest in the entire range of debt instruments andmoney market instruments. Investment in Debt securities and Money Market Instruments will be as per the limitsin the asset allocation table of the Scheme, subject to permissible limits laid under SEBI (MF) Regulations.
Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.Please refer to Scheme Information Document (SID) of the Scheme for complete details.
Comparison of ExistingComparison of ExistingComparison of ExistingComparison of ExistingComparison of Existing For Comparison of Existing Schemes, Risk Mitigation Strategy, Asset Under Management (AUM) andSchemes & RiskSchemes & RiskSchemes & RiskSchemes & RiskSchemes & Risk Number of Folios, please refer to point 1 on pages 24 - 30 for details.Mitigation StrategyMitigation StrategyMitigation StrategyMitigation StrategyMitigation Strategy
Risk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the SchemeRisk Profile of the Scheme Please refer to point 2 on pages 31 - 33 for details.
Plans and OptionsPlans and OptionsPlans and OptionsPlans and OptionsPlans and Options PlansPlansPlansPlansPlans ::::: • Short Term Plan • Long Term PlanOptionsOptionsOptionsOptionsOptions::::: • Each Plan offers Growth, Monthly Dividend & Quarterly Dividend Option.
Each of the Dividend Option offers Payout and Reinvestment facility.
Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAVVVVV Please refer to point 3 on page 32 - 33 for details.
Minimum ApplicationMinimum ApplicationMinimum ApplicationMinimum ApplicationMinimum Application Growth & Quarterly DividendGrowth & Quarterly DividendGrowth & Quarterly DividendGrowth & Quarterly DividendGrowth & Quarterly DividendAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of UnitsAmount / Number of Units PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchase(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option)(Under each Plan / Option) A 5,000 and any amount thereafter. A 1,000 and any amount thereafter. A 1,000 or minimum of 100 units
PurchasePurchasePurchasePurchasePurchase Additional PurchaseAdditional PurchaseAdditional PurchaseAdditional PurchaseAdditional Purchase RepurchaseRepurchaseRepurchaseRepurchaseRepurchaseA 25,000 and any amount thereafter. A 1,000 and any amount thereafter. A 1,000 or minimum of 100 units
Despatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of RepurchaseDespatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the official points of acceptance of HDFC Mutual Fund.(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request(Redemption) Request
Benchmark IndexBenchmark IndexBenchmark IndexBenchmark IndexBenchmark Index Short Term Plan : CRISIL MIP Blended Index Long Term Plan : CRISIL MIP Blended Index
Dividend PDividend PDividend PDividend PDividend Policyolicyolicyolicyolicy Please refer to point 4 on page 33 for details.
Name of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund ManagerName of the Fund Manager Short TShort TShort TShort TShort Term Plan :erm Plan :erm Plan :erm Plan :erm Plan : Mr. Vinay Kulkarni (Equities); Mr. Shobhit Mehrotra (Debt)Mr. Miten Lathia (Dedicated Fund Manager for Overseas Investments)
Long TLong TLong TLong TLong Term Plan : erm Plan : erm Plan : erm Plan : erm Plan : Mr. Prashant Jain (Equities); Mr. Shobhit Mehrotra (Debt)Mr. Miten Lathia (Dedicated Fund Manager for Overseas Investments)
Name of the TName of the TName of the TName of the TName of the Trusteerusteerusteerusteerustee HDFC Trustee Company LimitedCompanyCompanyCompanyCompanyCompany
Key Information Memorandum 23
HDFC MF Monthly Income Plan (HMIP)HDFC MF Monthly Income Plan (HMIP)HDFC MF Monthly Income Plan (HMIP)HDFC MF Monthly Income Plan (HMIP)HDFC MF Monthly Income Plan (HMIP)(An Open-ended Income Scheme. Monthly Income is not assured and is subject to availability ofdistributable surplus) (Contd...)
PPPPPerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Schemeerformance of the Scheme HMIP - Short THMIP - Short THMIP - Short THMIP - Short THMIP - Short Term Plan - Groerm Plan - Groerm Plan - Groerm Plan - Groerm Plan - Growth Optionwth Optionwth Optionwth Optionwth Option Absolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each FAbsolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last 5 year for last 5 year for last 5 year for last 5 year for last 5 years^ears^ears^ears^ears^(as at (as at (as at (as at (as at March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011) PPPPPerioderioderioderioderiod ReturnsReturnsReturnsReturnsReturns Benchmark Benchmark Benchmark Benchmark Benchmark
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustained iny not be sustained iny not be sustained iny not be sustained iny not be sustained inthe futurethe futurethe futurethe futurethe futureAbove returns are compounded annualized (CAGR).*Inception Date: December 26, ’03# CRISIL MIP Blended Index
HMIP - Long THMIP - Long THMIP - Long THMIP - Long THMIP - Long Term Plan - Groerm Plan - Groerm Plan - Groerm Plan - Groerm Plan - Growth Optionwth Optionwth Optionwth Optionwth Option Absolute Returns for each F Absolute Returns for each F Absolute Returns for each F Absolute Returns for each F Absolute Returns for each Financial Yinancial Yinancial Yinancial Yinancial Year for last 5 year for last 5 year for last 5 year for last 5 year for last 5 years^ears^ears^ears^ears^
^ P^ P^ P^ P^ Past performance maast performance maast performance maast performance maast performance may or may or may or may or may or may not be sustained iny not be sustained iny not be sustained iny not be sustained iny not be sustained inthe futurethe futurethe futurethe futurethe futureAbove returns are compounded annualized (CAGR).*Inception Date: December 26, ’03# CRISIL MIP Blended Index
Expenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the SchemeExpenses of the Scheme Continuous Offer PContinuous Offer PContinuous Offer PContinuous Offer PContinuous Offer Perioderioderioderioderiod
( i )( i )( i )( i )( i ) Load StructureLoad StructureLoad StructureLoad StructureLoad Structure Entry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableEntry Load: Not ApplicableUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) basedon the investors’ assessment of various factors including the service rendered by the ARN Holder.
Exit Load :Exit Load :Exit Load :Exit Load :Exit Load :Short Term Plan & Long Term Plan• In respect of eacheacheacheacheach purchase / switch-in of units, an Exit Load of 1.00% is payable if Units are redeemed /
switched-out within 1 year from the date of allotment.• No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
Please refer point no 5 on page 33 for further details on load structure.The Trustee reserves the right to change / modify the load structure from a prospective date.
( i i )( i i )( i i )( i i )( i i ) Recurring ExpensesRecurring ExpensesRecurring ExpensesRecurring ExpensesRecurring Expenses First A 100 crores 2.25 Actual expenses for the previous financial year ended(% of weekly average(% of weekly average(% of weekly average(% of weekly average(% of weekly average Next A 300 crores 2.00 March 31, 2011 (Unaudited) : Short Term Plan : 1.79% p.a.,Net Assets)Net Assets)Net Assets)Net Assets)Net Assets) Next A 300 crores 1.75 Long Term Plan : 1.49% p.a.
Balance 1.50
Waiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for DirectWaiver of Load for Direct Not Applicable. Please refer to point 6 on page 33 for details.ApplicationsApplicationsApplicationsApplicationsApplications
TTTTTax treatment for theax treatment for theax treatment for theax treatment for theax treatment for the Investors are advised to refer to the Section on ‘T‘T‘T‘T‘Taxation on invaxation on invaxation on invaxation on invaxation on investing in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ esting in Mutual Funds’ in the ‘Statement of‘Statement of‘Statement of‘Statement of‘Statement ofInvestors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders)Investors (Unit holders) Additional Information’Additional Information’Additional Information’Additional Information’Additional Information’ and to consult their own tax advisors with respect to the specific amount of tax and other
implications arising out of their participation in the Scheme.
Daily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset VDaily Net Asset Value (NAalue (NAalue (NAalue (NAalue (NAV)V)V)V)V) The NAV will be declared on all Business Days and will be published in 2 newspapers NAV can also be viewed onPublicationPublicationPublicationPublicationPublication wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com and wwwwwwwwwwwwwww.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com.amfiindia.com. Investors may also contact any of the Investor Service Centres
(ISCs) of HDFC Mutual Fund.
For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances,For Investor Grievances, Please refer to point 7 on page 33 for details.Please contactPlease contactPlease contactPlease contactPlease contact
Unit holder’Unit holder’Unit holder’Unit holder’Unit holder’s Informations Informations Informations Informations Information Please refer to point 8 on page 33 for details.
Asset UnderAsset UnderAsset UnderAsset UnderAsset UnderManagementManagementManagementManagementManagement(AUM) ((AUM) ((AUM) ((AUM) ((AUM) (A in in in in incrores) (as oncrores) (as oncrores) (as oncrores) (as oncrores) (as onMarch 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)(Unaudited)(Unaudited)(Unaudited)(Unaudited)(Unaudited)
Number ofNumber ofNumber ofNumber ofNumber ofFolios (LiveFolios (LiveFolios (LiveFolios (LiveFolios (LiveAccounts) (asAccounts) (asAccounts) (asAccounts) (asAccounts) (ason March 31,on March 31,on March 31,on March 31,on March 31,2011)2011)2011)2011)2011)
To generate long term capital appreciation from aportfolio that is invested predominantly in equityand equity related instruments.
The Scheme is an open-ended equity scheme thatinvests predominantly in equity and equity relatedinstruments. The following are the five basicprinciples that serve as the foundation for thisinvestment approach :
i) Focus on the long term;
ii) Investments confer proportionate ownership;
iii) Maintain a margin of safety;
iv) Maintain a balanced outlook on the market;
v) Disciplined approach to selling
A part of the net assets of the Scheme may beinvested in debt securities and money marketinstruments.
• The Scheme has a well-diversified equity portfoliocomprising stocks across various sectors of theeconomy. This shall aid in managing concentrationrisk and sector-specific risks.
• The Scheme has equity holdings across all marketcap segments - i.e. very large, large, mid-cap andsmall cap. This shall aid in managing volatility andalso ensure adequate liquidity at all times.
• Any investments in debt securities would beundertaken after assessing the associated credit risk,interest rate risk and liquidity risk.
The Scheme is an open-ended equity scheme thatinvests predominantly in equity and equityrelated instruments. The Scheme investspredominantly in growth companies. Companiesselected under this portfolio would as far aspracticable consist of medium to large sizedcompanies which :
a) are likely to achieve above average growth thanthe industry;
b)enjoy distinct competitive advantages; and
c) have superior financial strengths.
A part of the net assets of the Scheme may beinvested in debt securities (including securitiseddebt) and money market instruments.
• The Scheme has a well-diversified equity portfoliocomprising stocks across various sectors of theeconomy. This shall aid in managing concentrationrisk and sector-specific risks.
• The Scheme has equity holdings across all marketcap segments - i.e. very large, large, mid-cap andsmall cap. This shall aid in managing volatility andalso ensure adequate liquidity at all times.
• Any investments in debt securities would beundertaken after assessing the associated creditrisk, interest rate risk and liquidity risk.
8,946.62
6,18,989
HDFC THDFC THDFC THDFC THDFC Top 200 Fundop 200 Fundop 200 Fundop 200 Fundop 200 Fund
Open-ended Growth Scheme
To generate long term capital appreciation from aportfolio of equity and equity linked instrumentsprimarily drawn from the companies in BSE 200 index.
This Scheme is an open-ended equity scheme thatpredominantly invests in equity and equity relatedinstruments. The net assets of the Scheme’sportfolio consist of equity and equity-linkedinstruments primarily drawn from the companiesin BSE 200 index. A part of the net assets of theScheme may be invested in debt securities(including securitised debt) and money marketinstruments.
• The Scheme's investment universe comprisesstocks in the BSE200 Index or those drawn fromthe 200 largest capitalised companies on the BSE.Hence, the Scheme's portfolio comprises a largenumber of large cap stocks. These stocks arecharacterised by a high level of trading volumesimparting relatively high liquidity to the portfolio.• Within its investment universe, the Scheme has awell-diversified equity portfolio comprising stocksacross various sectors of the economy. This shallaid in managing concentration risk and sector-specific risks.• Any investments in debt securities would beundertaken after assessing the associated creditrisk, interest rate risk and liquidity risk.
10,369.22
12,26,362
HDFC Capital Builder FundHDFC Capital Builder FundHDFC Capital Builder FundHDFC Capital Builder FundHDFC Capital Builder Fund
Open-ended Growth Scheme
To achieve capital appreciation in the long term.
This Scheme is an open-ended equity scheme thatpredominantly invests in equity and equity relatedinstruments. The net assets of the Scheme’sportfolio consist of strong companies at priceswhich are quoting below fair value, in the opinionof the Fund Manager. A part of the net assets ofthe Scheme may be invested in debt securities(including securitised debt) and money marketinstruments.
• The Scheme has a well-diversified equity portfoliocomprising stocks across various sectors of theeconomy. This shall aid in managing concentrationrisk and sector-specific risks.• The Scheme has equity holdings across all marketcap segments -- i.e. very large, large, mid-cap andsmall cap. This shall aid in managing volatility andalso ensure adequate liquidity at all times.• Any investments in debt securities would beundertaken after assessing the associated creditrisk, interest rate risk and liquidity risk.
564.80
85,897
1. Comparision of Existing Schemes1. Comparision of Existing Schemes1. Comparision of Existing Schemes1. Comparision of Existing Schemes1. Comparision of Existing SchemesA. Existing Equity SchemesA. Existing Equity SchemesA. Existing Equity SchemesA. Existing Equity SchemesA. Existing Equity Schemes In
HDFC PremierHDFC PremierHDFC PremierHDFC PremierHDFC Premier Multi-Cap FundMulti-Cap FundMulti-Cap FundMulti-Cap FundMulti-Cap Fund
Open-ended Growth Scheme
To generate capital appreciation in the long term throughequity investments by investing in a diversified portfolioof Mid Cap & Large Cap ‘blue chip’ companies.
This Scheme predominantly invests in equity and equityrelated instruments by taking advantage of theopportunities in terms of asset allocation between Midand Large Caps. The Scheme will invest predominantlyin ‘premier’ or ‘blue chip’ companies. The Scheme willinvest a minimum of 35% of the portfolio each inLarge Caps and Mid Caps. The balance will be a ‘SWING’portfolio that can invest in either Mid or Large Capcompanies based on their relative valuations. Thisprovides an opportunity in terms of asset allocationbetween Mid Caps and Large Caps. A part of the netassets of the Scheme may be invested in debt securities(including securitised debt) and money market instruments.
• The Scheme's portfolio comprises equity holdingsacross large cap as well as mid cap stocks with eachof these segments constituting at least 35% of theportfolio. This balance shall aid in managing volatilityand also ensure adequate liquidity at all times.
• The Scheme has a well-diversified equity portfoliocomprising stocks across various sectors of theeconomy. This shall aid in managing concentrationrisk and sector-specific risks.
• Any investments in debt securities would beundertaken after assessing the associated credit risk,interest rate risk and liquidity risk.
To generate income through arbitrage opportunitiesbetween cash and derivative market and arbitrageopportunities within the derivative segment and bydeployment of surplus cash in debt securities andmoney market instruments.
This Scheme aims to generate income througharbitrage opportunities between cash and derivativemarket and arbitrage opportunities within the derivativesegment. The Scheme may adopt simple derivativestrategies, which would be to take offsetting positionson various markets simultan-eously. In the absenceof adequate arbitrage opportunities, the Scheme mayinvest in short term debt securities (includingsecuritised debt) or money market instruments.
• In the event of inadequate arbitrage opportunities orinadequate liquidity in those securities, the Schemeprovides for allocating upto 100% of assets in debt andmoney/market securities for generating regular income.
• Investments in debt / money market securities wouldbe undertaken after assessing the associated creditrisk, interest rate risk and liquidity risk.
• The Scheme seeks to manage the duration of debtassets on a proactive basis to manage interest raterisks and to optimise returns.
• A credit evaluation of each debt exposure would beundertaken. This would also consider the credit ratings givento the instrument by recognised rating agencies. Investmentsin debt / money market securities would normally beundertaken in instruments that have been assigned highinvestment grade ratings by any of the recognised ratingagencies. Unrated investments, if any, would require specificapproval from a committee constituted for the purpose.
78.69
2,031
HDFC Long THDFC Long THDFC Long THDFC Long THDFC Long TermermermermermAdvantage FundAdvantage FundAdvantage FundAdvantage FundAdvantage Fund
Open-ended Equity Linked Savings Scheme with alock-in-period of 3 years
To generate long term capital appreciation from aportfolio that is invested predominantly in equity andequity related instruments.
This Scheme is launched as an open-ended EquityLinked Savings Scheme having a lock-in period of 3years in accordance with the Equity Linked SavingsScheme, 1992 as amended in 1998. The net assetsof the Scheme will be invested predom-inantly inequity and equity related instruments. A part of thenet assets of the Scheme may be invested in debtsecurities (including securitised debt) and moneymarket instruments. Investment made in this Schemeis eligible for tax benefit under section 80C of theIncome-tax Act, 1961.
• The Scheme has a well-diversified equity portfoliocomprising stocks across various sectors of theeconomy. This shall aid in managing concentrationrisk and sector-specific risks.
• The Scheme has equity holdings across all marketcap segments -- i.e. very large, large, mid-cap andsmall cap. This shall aid in managing volatility andalso ensure adequate liquidity at all times.
• Any investments in debt securities would beundertaken after assessing the associated credit risk,interest rate risk and liquidity risk.
To generate capital appreciation through equityinvestment in companies whose shares arequoting at prices below their true value.
This Scheme is an open-ended equity schemethat predominantly invests in equity and equityrelated instruments comprising of ‘Core’ groupof companies and ‘Satell ite’ group ofcompanies. ‘Core’ group will comprise of wellestablished and predominantly large capcompanies. The ‘Satellite’ group will compriseof predominantly small-mid cap companies thatoffer higher potential returns with higher risk. Apart of the net assets of the Scheme may beinvested in debt securities (including securitiseddebt) and money market instruments.
• The Scheme has a well-diversified equityportfolio comprising stocks across varioussectors of the economy. This shall aid inmanaging concentration risk and sector-specificrisks.• The Scheme has equity holdings across allmarket cap segments - i.e. very large, large,mid-cap and small cap. This shall aid inmanaging volatility and also ensure adequateliquidity at all times.• Any investments in debt securities would beundertaken after assessing the associated creditrisk, interest rate risk and liquidity risk.
431.67
60,698
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable) (C
ontd
...)(C
ontd
...)(C
ontd
...)(C
ontd
...)(C
ontd
...)A. Equity Schemes A. Equity Schemes A. Equity Schemes A. Equity Schemes A. Equity Schemes (Contd...)
1. Comparision of Existing Schemes (Contd...)1. Comparision of Existing Schemes (Contd...)1. Comparision of Existing Schemes (Contd...)1. Comparision of Existing Schemes (Contd...)1. Comparision of Existing Schemes (Contd...)25HDFC M
utual Fund
Name of theName of theName of theName of theName of theSchemeSchemeSchemeSchemeScheme
Open-ended Equity Linked Savings Scheme with alock-in-period of 3 years
To achieve long term growth of capital.
This Scheme is launched as an open-ended EquityLinked Savings Scheme having a lock-in period of 3years in accordance with the Equity Linked SavingsScheme, 1992 as amended in 1998. The net assetsof the Scheme will be invested predominantly in equityand equity related instruments. A part of the net assetsof the Scheme may be invested in debt securities(including securitised debt) and money marketinstruments. Investment made in this Scheme iseligible for tax benefit under section 80C of theIncome-tax Act, 1961.
• The Scheme has a well-diversified equity portfoliocomprising stocks across various sectors of theeconomy. This shall aid in managing concentrationrisk and sector-specific risks.
• The Scheme has equity holdings across all marketcap segments -- i.e. very large, large, mid-cap andsmall cap. This shall aid in managing volatility andalso ensure adequate liquidity at all times.
• Any investments in debt securities would beundertaken after assessing the associated credit risk,interest rate risk and liquidity risk.
3,093.16
7,66,236
HDFC Index FundHDFC Index FundHDFC Index FundHDFC Index FundHDFC Index Fund
Open-ended Index Linked Scheme
• SENSEXSENSEXSENSEXSENSEXSENSEX Plan Plan Plan Plan Plan - To generate returns that are commensurate with the performance of theSENSEX, subject to tracking error.
• Nifty Plan Nifty Plan Nifty Plan Nifty Plan Nifty Plan - To generate returns that are commensurate with the performance of the Nifty,subject to tracking error.
• SENSEX SENSEX SENSEX SENSEX SENSEX Plus Plan Plus Plan Plus Plan Plus Plan Plus Plan - To invest 80 to 90% of the net assets of the Plan in companieswhose securities are included in SENSEX and between 10% & 20% of the net assets incompanies whose securities are not included in the SENSEX.
• SENSEXSENSEXSENSEXSENSEXSENSEX Plan: Plan: Plan: Plan: Plan: This Plan under the Scheme will generate returns by investing predominantlyin stocks constituting the SENSEX and / or in exchange traded derivatives on SENSEX. Thereturns of the Plan shall be commensurate with the performance of the SENSEX, subject totracking errors. A small portion of the net assets may be invested in money market instruments.
• Nifty Plan: Nifty Plan: Nifty Plan: Nifty Plan: Nifty Plan: This Plan under the Scheme will generate returns by investing predominantly instocks constituting the S&P CNX Nifty and / or in exchange traded derivatives on the S&P CNXNifty. The returns of the Plan shall be commensurate with the performance of the Nifty, subjectto tracking errors. A small portion of the net assets may be invested in money market instruments.
• SENSEXSENSEXSENSEXSENSEXSENSEX Plus Plan: Plus Plan: Plus Plan: Plus Plan: Plus Plan: This Plan under the Scheme will generate returns by investing 80 to90% of the net assets in companies whose securities are included in SENSEX and between10% & 20% of the net assets in companies whose securities are not included in theSENSEX. A small portion of the net assets may be invested in money market instruments.
• SENSEXSENSEXSENSEXSENSEXSENSEX Plan: Plan: Plan: Plan: Plan: The Risk Mitigation strategy revolves around reducing the Tracking errorto the least possible through regular rebalancing of the portfolio, taking into account thechange in weights of stocks in the Index as well as the incremental inflows into / redemptionsfrom the Plan.
• Nifty Plan: Nifty Plan: Nifty Plan: Nifty Plan: Nifty Plan: The Risk Mitigation strategy revolves around reducing the Tracking error tothe least possible through regular rebalancing of the portfolio, taking into account thechange in weights of stocks in the Index as well as the incremental inflows into / redemptionsfrom the Plan.
• SENSEXSENSEXSENSEXSENSEXSENSEX Plus Plan: Plus Plan: Plus Plan: Plus Plan: Plus Plan: For the portion of the Scheme invested in Sensex stocks, the RiskMitigation strategy revolves around reducing the Tracking error to the least possiblethrough regular rebalancing of the portfolio, taking into account the change in weights ofstocks in the Index as well as the incremental inflows into / redemptions from the Plan.
Investment in stocks not included in the Sensex is limited to 20% of Net Assets. Thiswould be a diversified portfolio comprising stocks across various companies. This shallaid in managing concentration risk and company / sector-specific risks.
To generate long-term capital appreciation from a portfolio thatis substantially constituted of equity and equity related securitiesof Small and Mid-Cap companies.
The Scheme is an open-ended equity scheme wherein the netassets of the Scheme shall be mainly invested in a combinedportfolio of equity and equity related securities of Small andMid-Cap companies.
The Fund Manager shall also invest in other equity and equityrelated securities to achieve optimal portfolio construction. TheScheme may also invest a certain portion of its corpus in debtand money market securities.
While the portfolio focuses primarily on a buy and hold strategyat most times, it will balance the same with a rational approachto selling when the valuations become too demanding even inthe face of reasonable growth prospects in the long run.
• The Fund’s portfolio comprises equity holdings mainly midcap stocks (at least 70% of the portfolio). The portfolio can alsocomprise of large cap stocks upto 25% of the portfolio. Thiscombination of mid-cap and large-cap stocks shall aid inmanaging volatility and also ensure adequate liquidity at alltimes.
• Within its investment universe, the Scheme has a well-diversified equity portfolio comprising stocks across varioussectors of the economy. This shall aid in managing concentrationrisk and sector-specific risks.
• Any investments in debt securities would be undertaken afterassessing the associated credit risk, interest rate risk and liquidity risk.
1,221.22
2,31,341
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Key Information M
emorandum
26
A. Equity Schemes A. Equity Schemes A. Equity Schemes A. Equity Schemes A. Equity Schemes (Contd...)1. Comparision of Existing Schemes (Contd...)1. Comparision of Existing Schemes (Contd...)1. Comparision of Existing Schemes (Contd...)1. Comparision of Existing Schemes (Contd...)1. Comparision of Existing Schemes (Contd...)
Name of theName of theName of theName of theName of theSchemeSchemeSchemeSchemeScheme
HDFC Long THDFC Long THDFC Long THDFC Long THDFC Long Term Equity Funderm Equity Funderm Equity Funderm Equity Funderm Equity Fund
Open-ended Equity Scheme.
To achieve long term capital appreciation
The Scheme is an open-ended equity scheme wherein the net assets of the Scheme shall be mainly invested inequity and equity related instruments. The Scheme shall also invest a small portion of the net assets in FixedIncome Securities and money- market instruments.
The aim will be to build a portfolio that adequately reflects a cross-section of the growth areas of the economyfrom time to time. While the portfolio focuses primarily on a buy and hold strategy at most times, it will balancethe same with a rational approach to selling when the valuations become too demanding even in the face ofreasonable growth prospects in the long run.
• The Fund has a well-diversified equity portfolio comprising stocks across various sectors of the economy. Thisshall aid in managing concentration risk and sector-specific uncertainties.
• The Fund has equity holdings across all market cap segments - i.e. very large, large, mid-cap and small cap. Thisshall aid in managing volatility and also ensure adequate liquidity at all times.
• The Fund shall use derivatives only for the purpose of hedging / portfolio rebalancing. Derivatives shall not beused to leverage the portfolio or to undertake naked short sell positions. Further, use of derivatives in the Fundwould be limited to 20% of Net Assets.
• Any investments in debt securities would be undertaken after assessing the associated credit risk, interest raterisk and liquidity risk.
To seek long-term capital appreciation by investing predominantly in equity and equity related securitiesof companies engaged in or expected to benefit from growth and development of infrastructure.
The net assets of the Scheme shall be predominantly invested in equity and equity relatedsecurities of companies engaged in or expected to benefit from the growth and development ofinfrastructure. The Scheme shall invest in the indicative list of sectors / industries.
The Scheme shall invest across the above-mentioned sectors or other areas of infrastructure asidentified by the Fund Manager. The Fund Manager may add such other sector/group of industries,which broadly satisfy the category of services, and infrastructure industries.
A portion of the net assets may be invested in non infrastructure related companies. The Schemeshall invest across all market capitalization.
The balance, if any, will be invested in Debt or Money Market Instruments and Fixed IncomeDerivative, including Securitised Debt.
• The Fund is mandated to construct a portfolio comprising largely of stocks of companies engagedin the growth and development of infrastructure or expected to benefit from the same.
• However, the Fund also provides for investment upto 35% in sectors other than Infrastructure.This will help mitigate the risk associated with investments in the Infrastructure sector.
• Stocks in the Infrastructure sector and related sectors have a presence across all market capsegments i.e. very large, large, midcap and small cap. The portfolio comprising stocks acrossmarket cap segments shall help in managing volatility and ensuring adequate liquidity at all times.
• The Fund shall use derivatives only for the purpose of hedging / portfolio rebalancing. Derivativesshall not be used to leverage the portfolio or to undertake naked short sell positions. Further, useof derivatives in the Fund would be limited to 20% of Net Assets.
• Any investments in debt securities would be undertaken after assessing the associated credit risk,interest rate risk and liquidity risk.
1,159.45
2,67,823
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable) (C
ontd
...)(C
ontd
...)(C
ontd
...)(C
ontd
...)(C
ontd
...)A. Equity Schemes A. Equity Schemes A. Equity Schemes A. Equity Schemes A. Equity Schemes (Contd...)
1. Comparision of Existing Schemes (Contd...)1. Comparision of Existing Schemes (Contd...)1. Comparision of Existing Schemes (Contd...)1. Comparision of Existing Schemes (Contd...)1. Comparision of Existing Schemes (Contd...)27HDFC M
Asset UnderAsset UnderAsset UnderAsset UnderAsset UnderManagementManagementManagementManagementManagement(AUM) ((AUM) ((AUM) ((AUM) ((AUM) (`̀̀̀̀ in in in in incrores) (as oncrores) (as oncrores) (as oncrores) (as oncrores) (as onMarch 31,March 31,March 31,March 31,March 31,2011)2011)2011)2011)2011)(Unaudited)(Unaudited)(Unaudited)(Unaudited)(Unaudited)
Number ofNumber ofNumber ofNumber ofNumber ofFolios (LiveFolios (LiveFolios (LiveFolios (LiveFolios (LiveAccounts)Accounts)Accounts)Accounts)Accounts)(as on (as on (as on (as on (as on MarchMarchMarchMarchMarch3131313131, 201, 201, 201, 201, 20111111)))))
1. Comparison of Existing Schemes (Contd...)1. Comparison of Existing Schemes (Contd...)1. Comparison of Existing Schemes (Contd...)1. Comparison of Existing Schemes (Contd...)1. Comparison of Existing Schemes (Contd...)
To generate capital appreciation along with currentincome from a combined portfolio of equity and equity related and debtand money market instruments.
The Scheme is an open-ended balanced scheme. The net assets of theScheme shall be invested in a combined portfolio of equity and equityrelated instruments : debt securities (including securitised debt) andmoney market instruments in the range of 60 : 40 respectively (normalasset allocation). The Fund Manager would continuously monitor thepotential for both debt and equities to arrive at a dynamic allocationbetween the asset classes. The exact portfolio mix will be a function ofinterest rates, equity valuations, reserves position and risk taking capacityof the portfolio.
• The Scheme's portfolio comprises a judicious mix of equity and debtinvestments. The Scheme has the flexibility to vary the equity componentfrom 72% to 48%.
• The Scheme's equity portfolio is well-diversified comprising stocksacross various sectors of the economy. This shall aid in managingconcentration risk and sector-specific risks.
• The Scheme has equity holdings across all market cap segments - i.e.large, mid and small cap stocks. This shall aid in managing volatility andalso ensure adequate liquidity at all times. The debt and money marketinvestments of the scheme also help in maintaining the necessary portfolioliquidity.
• Investments in debt securities would be undertaken after assessing theassociated credit risk, interest rate risk and liquidity risk.
• The Scheme seeks to manage the duration of debt assets on a proactivebasis to manage interest rate risks and to optimise returns.
• A credit evaluation of each debt exposure would be undertaken. Thiswould also consider the credit ratings given to the instrument by recognisedrating agencies. Investments in debt / money market securities wouldnormally be undertaken in instruments that have been assigned highinvestment grade ratings by any of the recognised rating agencies. Unratedinvestments, if any, would require specific approval from a committeeconstituted for the purpose.
To provide periodic returns and capital appreciation over a long period oftime from a judicious mix of equity and debt instruments with an aim toprevent / minimise any capital erosion.
The Scheme is an open-ended balanced scheme. This Scheme providesa judicious mix of equity and debt investments. The net assets of theScheme shall be invested in equity and equity related instruments betweenthe range of 40:75 and in debt securities (including securitised debt) andmoney market instruments between the range of 25:60. The FundManager would continuously monitor the potential for both debt andequities to arrive at a dynamic allocation between the asset classes. Theexact portfolio mix will be a function of interest rates, equity valuations,reserves position and risk taking capacity of the portfolio.
• The Scheme's portfolio comprises a judicious mix of equity and debtinvestments. The Scheme has the flexibility to vary the equity : debt mixfrom 75 : 25 to 40 : 60.
• The Scheme's equity portfolio is well-diversified comprising stocksacross various sectors of the economy. This shall aid in managingconcentration risk and sector-specific risks.
• The Scheme has equity holdings across all market cap segments - i.e.large, mid and small cap stocks. This shall aid in managing volatility andalso ensure adequate liquidity at all times. The debt and money marketinvestments of the scheme also help in maintaining the necessary portfolioliquidity.
• Investments in debt securities would be undertaken after assessing theassociated credit risk, interest rate risk and liquidity risk.
• The Scheme seeks to manage the duration of debt assets on a proactivebasis to manage interest rate risks and to optimise returns.
• A credit evaluation of each debt exposure would be undertaken. Thiswould also consider the credit ratings given to the instrument by recognisedrating agencies. Investments in debt / money market securities wouldnormally be undertaken in instruments that have been assigned highinvestment grade ratings by any of the recognised rating agencies. Unratedinvestments, if any, would require specific approval from a committeeconstituted for the purpose.
5,969.89
3,17,237
HDFC ChildrenHDFC ChildrenHDFC ChildrenHDFC ChildrenHDFC Children’’’’’s Gift Fund - Invs Gift Fund - Invs Gift Fund - Invs Gift Fund - Invs Gift Fund - Investment Planestment Planestment Planestment Planestment Plan
Open-ended Balanced Scheme
To generate long term capital appreciation.
Investment Plan: Investment Plan: Investment Plan: Investment Plan: Investment Plan: The Plan under the Scheme is an open-endedbalanced scheme. The net assets of the Plan will be primarily investedin Equities and Equity related instruments. The net assets of the Planmay also be invested in debt securities (including securitised debt)and money market instruments with an objective of generating longterm returns and maintaining risk under control.
• The Scheme's portfolio comprises a judicious mix of equity and debtinvestments. The Scheme has the flexibility to vary the equitycomponent from 40% to 75% in the Investment Plan.
• The equity portfolio is well-diversified comprising stocks across varioussectors of the economy. This shall aid in managing concentration riskand sector-specific risks.
• The Scheme has equity holdings across all market cap segments -i.e. large, mid and small cap stocks. This shall aid in managing volatilityand also ensure adequate liquidity at all times. The debt and moneymarket investments of the scheme also help in maintaining the necessaryportfolio liquidity.
• Investments in debt securities would be undertaken after assessingthe associated credit risk, interest rate risk and liquidity risk.
• The Scheme seeks to manage the duration of debt assets on aproactive basis to manage interest rate risks and to optimise returns.
• A credit evaluation of each debt exposure would be undertaken. Thiswould also consider the credit ratings given to the instrument byrecognised rating agencies. Investments in debt / money marketsecurities would normally be undertaken in instruments that havebeen assigned high investment grade ratings by any of the recognisedrating agencies. Unrated investments, if any, would require specificapproval from a committee constituted for the purpose.
280.17
47,313
C. Hybrid Schemes (Debt-oriented)C. Hybrid Schemes (Debt-oriented)C. Hybrid Schemes (Debt-oriented)C. Hybrid Schemes (Debt-oriented)C. Hybrid Schemes (Debt-oriented)1. Comparison of Existing Schemes (Contd...)1. Comparison of Existing Schemes (Contd...)1. Comparison of Existing Schemes (Contd...)1. Comparison of Existing Schemes (Contd...)1. Comparison of Existing Schemes (Contd...)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable)
Info
rmatio
n co
mm
on
to S
chem
es (as app
licable) (C
ontd
...)(C
ontd
...)(C
ontd
...)(C
ontd
...)(C
ontd
...)
29HDFC M
utual Fund
Name of theName of theName of theName of theName of theSchemeSchemeSchemeSchemeScheme
TTTTType of Schemeype of Schemeype of Schemeype of Schemeype of Scheme
Asset UnderAsset UnderAsset UnderAsset UnderAsset UnderManagementManagementManagementManagementManagement(AUM) ((AUM) ((AUM) ((AUM) ((AUM) (`̀̀̀̀ in in in in incrores) (as oncrores) (as oncrores) (as oncrores) (as oncrores) (as onMarch 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)March 31, 2011)(Unaudited)(Unaudited)(Unaudited)(Unaudited)(Unaudited)
Number of FoliosNumber of FoliosNumber of FoliosNumber of FoliosNumber of Folios(Live Accounts)(Live Accounts)(Live Accounts)(Live Accounts)(Live Accounts)(as on March 31,(as on March 31,(as on March 31,(as on March 31,(as on March 31,2011)2011)2011)2011)2011)
HDFC ChildrenHDFC ChildrenHDFC ChildrenHDFC ChildrenHDFC Children’’’’’s Gift Fund - s Gift Fund - s Gift Fund - s Gift Fund - s Gift Fund - SaSaSaSaSavings Planvings Planvings Planvings Planvings Plan
Open-ended Balanced Scheme
To generate long term capital appreciation.
Savings Plan: Savings Plan: Savings Plan: Savings Plan: Savings Plan: The Plan under the Scheme is an open-ended balanced scheme. The net assetsof the Plan will be primarily invested in debt securities and money market instruments. TheAMC will also invest the net assets of the Plan in Equities and Equity related instruments. ThisPlan seeks to generate steady long term returns with relatively low levels of risk.
• The Scheme's portfolio comprises a judicious mix of equity and debt investments. The Schemehas the flexibility to vary the equity component from 0% to 20% in the Savings Plan.• The equity portfolio is well-diversified comprising stocks across various sectors of the economy.This shall aid in managing concentration risk and sector-specific risks.• The Scheme has equity holdings across all market cap segments -- i.e. large, mid and small capstocks. This shall aid in managing volatility and also ensure adequate liquidity at all times. The debtand money market investments of the scheme also help in maintaining the necessary portfolioliquidity.• Investments in debt securities would be undertaken after assessing the associated credit risk,interest rate risk and liquidity risk.• The Scheme seeks to manage the duration of debt assets on a proactive basis to manage interestrate risks and to optimise returns.• A credit evaluation of each debt exposure would be undertaken. This would also consider the creditratings given to the instrument by recognised rating agencies. Investments in debt / money marketsecurities would normally be undertaken in instruments that have been assigned high investmentgrade ratings by any of the recognised rating agencies. Unrated investments, if any, would requirespecific approval from a committee constituted for the purpose.
64.43
15,783
HDFC MF Monthly Income PlanHDFC MF Monthly Income PlanHDFC MF Monthly Income PlanHDFC MF Monthly Income PlanHDFC MF Monthly Income Plan
Open-ended Income Scheme. Monthly income is not assured and is subject to availability of distributable surplus.
The primary objective of Scheme is to generate regular returns through investment primarily in Debt and MoneyMarket Instruments. The secondary objective of the Scheme is to generate long-term capital appreciation byinvesting a portion of the Scheme’s assets in equity and equity related instruments.
The net assets of the Scheme will be invested primarily in debt securities and money market instruments andbalance in equity and equity related instruments.
• Equity Investments : The following are the five basic principles that serve as the foundation for this investmentapproach :
i) Focus on the long term;
ii) Investments confer proportionate ownership;
iii) Maintain a margin of safety; iv) Maintain a balanced outlook on the market;
v) Disciplined approach to selling
• Debt Investments : The Scheme will retain the flexibility to invest in the entire range of debt instruments andmoney market instruments. Investment in Debt securities and Money Market Instruments will be as per the limitsin the asset allocation table of the Scheme, subject to permissible limits laid under SEBI (MF) Regulations.
• The Scheme's portfolio comprises a judicious mix of equity and debt investments. The Scheme has the flexibilityto vary the equity component from 0% to 50%.• The equity portfolio of each of the Plans is well-diversified comprising stocks across various sectors of theeconomy. This shall aid in managing concentration risk and sector-specific risks.• The Scheme has equity holdings across all market cap segments -- i.e. large, mid and small cap stocks. This shallaid in managing volatility and also ensure adequate liquidity at all times. The debt and money market investmentsof the scheme also help in maintaining the necessary portfolio liquidity.• Investments in debt securities would be undertaken after assessing the associated credit risk, interest rate riskand liquidity risk.• The Scheme seeks to manage the duration of debt assets on a proactive basis to manage interest rate risks andto optimise returns.• A credit evaluation of each debt exposure would be undertaken. This would also consider the credit ratings givento the instrument by recognised rating agencies. Investments in debt / money market securities would normallybe undertaken in instruments that have been assigned high investment grade ratings by any of the recognisedrating agencies. Unrated investments, if any, would require specific approval from a committee constituted for thepurpose.
Short TShort TShort TShort TShort Term Plan: erm Plan: erm Plan: erm Plan: erm Plan: 16,239
Long TLong TLong TLong TLong Term Plan: erm Plan: erm Plan: erm Plan: erm Plan: 211,308
C. Hybrid Schemes (Debt-oriented) C. Hybrid Schemes (Debt-oriented) C. Hybrid Schemes (Debt-oriented) C. Hybrid Schemes (Debt-oriented) C. Hybrid Schemes (Debt-oriented) (Contd...)
Name of the SchemeName of the SchemeName of the SchemeName of the SchemeName of the Scheme
TTTTType of Schemeype of Schemeype of Schemeype of Schemeype of Scheme
Asset UnAsset UnAsset UnAsset UnAsset Under Managementder Managementder Managementder Managementder Management(AUM)(AUM)(AUM)(AUM)(AUM) ((((( `̀̀̀̀ in crores) in crores) in crores) in crores) in crores) (as on(as on(as on(as on(as onMarchMarchMarchMarchMarch 3131313131, , , , , 20120120120120111111)))))(Unaudited)(Unaudited)(Unaudited)(Unaudited)(Unaudited)
Number of Folios (LiveNumber of Folios (LiveNumber of Folios (LiveNumber of Folios (LiveNumber of Folios (LiveAccounts)Accounts)Accounts)Accounts)Accounts)(as on (as on (as on (as on (as on March 31 March 31 March 31 March 31 March 31,,,,, 20120120120120111111)))))
To generate positive returns over medium time frame with low risk of capital loss over medium time frame.
The Scheme target positive returns over medium time frame and aims to reduce the chances andextent of a capital depreciation over medium term holding period for the unit holder. The Schemeaims to achieve this by adopting the following investment strategy:a. Invest around 85% of the net assets of the Scheme in fixed income securities of roughly one
year maturity and adopt a predominantly buy and hold strategy. This will mean that overmedium term irrespective of the interest rate movements, the Scheme will earn returns thatare nearly equal to the underlying yield on the bonds.
b. Invest the balance nearly 15% of the net assets of the Scheme in equities where the dividendyields are moderate to high. The investment focus will be on dividend yield stocks.
Both a) and b) combined together represent two sources of yield on the entire portfolio. These twoyields combined together are expected to reduce the chances and extent of a capital loss.The Scheme intend to use derivative instruments such as Futures, Options, interest rate swaps(IRS), forward rate agreements (FRA) and any other derivative instruments as may be permittedby RBI / SEBI from time to time.
• The Scheme's portfolio comprises a judicious mix of equity and debt investments. The Schemehas the flexibility to vary the equity component from 15% to 25%.
• The equity portfolio of the Scheme is well-diversified comprising stocks across various sectors ofthe economy. This shall aid in managing concentration risk and sector-specific risks.
• The Scheme has equity holdings across all market cap segments - i.e. large, mid and small capstocks. This shall aid in managing volatility and also ensure adequate liquidity at all times. The debtand money market investments of the scheme also help in maintaining the necessary portfolioliquidity.
• Investments in debt securities would be undertaken after assessing the associated credit risk,interest rate risk and liquidity risk.
• The Scheme seeks to manage the duration of debt assets on a proactive basis to manage interestrate risks and to optimise returns.
• A credit evaluation of each debt exposure would be undertaken. This would also consider thecredit ratings given to the instrument by recognised rating agencies. Investments in debt / moneymarket securities would normally be undertaken in instruments that have been assigned highinvestment grade ratings by any of the recognised rating agencies. Unrated investments, if any,would require specific approval from a committee constituted for the purpose.
44.60
2,893
HDFC Multiple Yield Fund - Plan 2005HDFC Multiple Yield Fund - Plan 2005HDFC Multiple Yield Fund - Plan 2005HDFC Multiple Yield Fund - Plan 2005HDFC Multiple Yield Fund - Plan 2005
Open-ended income scheme
To generate positive returns over medium time frame with low risk of capital loss over medium time frame.
The Scheme target positive returns over medium time frame and aims to reduce the chances and extent of a capitaldepreciation over medium term holding period for the unit holder. The Scheme aims to achieve this by adopting thefollowing investment strategy:a. Invest around 85% of the net assets of the Scheme in fixed income securities of roughly 15 months maturity and
adopt a predominantly buy and hold strategy. This will mean that over medium term irrespective of the interestrate movements, the Scheme will earn returns that are nearly equal to the underlying yield on the bonds.
b. Invest the balance nearly 15% of the net assets of the Scheme in equities where the dividend yields are moderateto high. The investment focus will be on dividend yield stocks.
Both a) and b) combined together represent two sources of yield on the entire portfolio. These two yields combinedtogether are expected to reduce the chances and extent of a capital loss.The Scheme intend to use derivative instruments such as Futures, Options, interest rate swaps (IRS), forward rateagreements (FRA) and any other derivative instruments as may be permitted by RBI / SEBI from time to time.
• The Scheme's portfolio comprises a judicious mix of equity and debt investments. The Scheme has the flexibilityto vary the equity component from 5% to 20%.
• The equity portfolio of the Scheme is well-diversified comprising stocks across various sectors of the economy. Thisshall aid in managing concentration risk and sector-specific risks.
• The Scheme has equity holdings across all market cap segments - i.e. large, mid and small cap stocks. This shallaid in managing volatility and also ensure adequate liquidity at all times. The debt and money market investments ofthe scheme also help in maintaining the necessary portfolio liquidity.
• Investments in debt securities would be undertaken after assessing the associated credit risk, interest rate risk andliquidity risk.
• The Scheme seeks to manage the duration of debt assets on a proactive basis to manage interest rate risks and tooptimise returns.
• A credit evaluation of each debt exposure would be undertaken. This would also consider the credit ratings givento the instrument by recognised rating agencies. Investments in debt / money market securities would normally beundertaken in instruments that have been assigned high investment grade ratings by any of the recognised ratingagencies. Unrated investments, if any, would require specific approval from a committee constituted for the purpose.
64.93
3,119
1. Comparison of Existing Schemes (Contd...)1. Comparison of Existing Schemes (Contd...)1. Comparison of Existing Schemes (Contd...)1. Comparison of Existing Schemes (Contd...)1. Comparison of Existing Schemes (Contd...)In
form
ation
com
mo
n to
Sch
emes (as ap
plicab
le) In
form
ation
com
mo
n to
Sch
emes (as ap
plicab
le) In
form
ation
com
mo
n to
Sch
emes (as ap
plicab
le) In
form
ation
com
mo
n to
Sch
emes (as ap
plicab
le) In
form
ation
com
mo
n to
Sch
emes (as ap
plicab
le) (Con
td...)
(Con
td...)
(Con
td...)
(Con
td...)
(Con
td...)
Key Information M
emorandum
30
Key Information Memorandum 31
Information common to Schemes (as applicable) (Contd...)
2) Risk Profile of the Scheme2) Risk Profile of the Scheme2) Risk Profile of the Scheme2) Risk Profile of the Scheme2) Risk Profile of the SchemeScheme Specific Risk FactorsScheme Specific Risk FactorsScheme Specific Risk FactorsScheme Specific Risk FactorsScheme Specific Risk FactorsMutual Fund Units involve investment risks including the possible loss of principal. Please read the Scheme Information Document of the respective Scheme carefully for details on risk factors beforeinvestment. Scheme specific Risk Factors include but are not limited to the following:Risk factors associated with investing in equities and equity related instrumentsRisk factors associated with investing in equities and equity related instrumentsRisk factors associated with investing in equities and equity related instrumentsRisk factors associated with investing in equities and equity related instrumentsRisk factors associated with investing in equities and equity related instruments• Equity shares and equity related instruments are volatile and prone to price fluctuations on a daily basis. Investments in equity shares and equity related instruments involve a degree of risk and
investors should not invest in the Scheme(s) unless they can afford to take the risks.• Securities, which are not quoted on the stock exchanges, are inherently illiquid in nature and carry a larger amount of liquidity risk, in comparison to securities that are listed on the exchanges.
Investment in such securities may lead to increase in the scheme portfolio risk.• While securities that are listed on the stock exchange carry lower liquidity risk, the ability to sell these investments is limited by the overall trading volume on the stock exchanges and may lead
to the Scheme(s) incurring losses till the security is finally sold.• Investment strategy to be adopted by the Scheme(s) may carry the risk of significant variance between the portfolio allocation of the Scheme(s) and the Benchmark particularly over a short to
medium term period.General Risk factorsGeneral Risk factorsGeneral Risk factorsGeneral Risk factorsGeneral Risk factors• Trading volumes, settlement periods and transfer procedures may restrict the liquidity of the investments made by the Scheme(s). Different segments of the Indian financial markets have different
settlement periods and such periods may be extended significantly by unforeseen circumstances leading to delays in receipt of proceeds from sale of securities. The NAV of the Units of theScheme(s) can go up or down because of various factors that affect the capital markets in general.
• As the liquidity of the investments made by the Scheme(s) could, at times, be restricted by trading volumes and settlement periods, the time taken by the Mutual Fund for redemption of Unitsmay be significant in the event of a inordinately large number of redemption requests or restructuring of the Scheme(s). In view of the above, the Trustee has the right, in its sole discretion, tolimit redemptions (including suspending redemptions) under certain circumstances, as described on Page ----- under "Right to Limit Redemptions" in Section 'Restrictions, if any, on the rightto freely retain or dispose of units being offered'.
• At times, due to the forces and factors affecting the capital market, the Scheme(s) may not be able to invest in securities falling within its investment objective resulting in holding the moniescollected by it in cash or cash equivalent or invest the same in other permissible securities amounting to substantial reduction in the earning capability of the Scheme(s).
Risk factors associated with investing in Fixed Income SecuritiesRisk factors associated with investing in Fixed Income SecuritiesRisk factors associated with investing in Fixed Income SecuritiesRisk factors associated with investing in Fixed Income SecuritiesRisk factors associated with investing in Fixed Income Securities• The Net Asset Value (NAV) of the Scheme(s), to the extent invested in Debt and Money Market securities, will be affected by changes in the general level of interest rates. The NAV of the Scheme(s)
is expected to increase from a fall in interest rates while it would be adversely affected by an increase in the level of interest rates.• Money market securities, while fairly liquid, lack a well developed secondary market, which may restrict the selling ability of the Scheme(s) and may lead to the Scheme(s) incurring losses till the
security is finally sold.• Investment in Debt Securities are subject to the risk of an issuer’s inability to meet interest and principal payments on its obligations and market perception of the creditworthiness of the issuer.• Government securities where a fixed return is offered run price-risk like any other fixed income security. Generally, when interest rates rise, prices of fixed income securities fall and when interest
rates drop, the prices increase. The extent of fall or rise in the prices is a function of the existing coupon, days to maturity and the increase or decrease in the level of interest rates. The new levelof interest rate is determined by the rates at which government raises new money and/or the price levels at which the market is already dealing in existing securities. The price-risk is not uniqueto Government Securities. It exists for all fixed income securities. However, Government Securities are unique in the sense that their credit risk generally remains zero. Therefore, their prices areinfluenced only by movement in interest rates in the financial system.
• Different types of fixed income securities in which the Scheme(s) would invest as given in the Scheme Information Document(s) carry different levels and types of risk. Accordingly, the Scheme(s)risk may increase or decrease depending upon its investment pattern. e.g. corporate bonds carry a higher level of risk than Government securities. Further even among corporate bonds, bonds,which are AAA rated, are comparatively less risky than bonds, which are AA rated.
• The AMC may, considering the overall level of risk of the portfolio, invest in lower rated / unrated securities offering higher yields as well as zero coupon securities that offer attractive yields. Thismay increase the absolute level of risk of the portfolio.
• As zero coupon securities do not provide periodic interest payments to the holder of the security, these securities are more sensitive to changes in interest rates. Therefore, the interest rate riskof zero coupon securities is higher. The AMC may choose to invest in zero coupon securities that offer attractive yields. This may increase the risk of the portfolio.
• Securities, which are not quoted on the stock exchanges, are inherently illiquid in nature and carry a larger amount of liquidity risk, in comparison to securities that are listed on the exchangesor offer other exit options to the investor, including a put option. The AMC may choose to invest in unlisted securities that offer attractive yields. This may increase the risk of the portfolio.
• Scheme’s performance may differ from the benchmark index to the extent of the investments held in the debt segment, as per the investment pattern indicated under normal circumstances.• The Scheme(s) at times may receive large number of redemption requests, leading to an asset-liability mismatch and therefore, requiring the investment manager to make a distress sale of the
securities leading to realignment of the portfolio and consequently resulting in investment in lower yield instruments.Risk factors associated with investing in Foreign Securities (except HDFC Index Fund)Risk factors associated with investing in Foreign Securities (except HDFC Index Fund)Risk factors associated with investing in Foreign Securities (except HDFC Index Fund)Risk factors associated with investing in Foreign Securities (except HDFC Index Fund)Risk factors associated with investing in Foreign Securities (except HDFC Index Fund)Risk factors associated with investing in Foreign Securities summarized below.• Currency Risk• Interest Rate Risk• Credit RiskPlease read the Scheme Information Document (SID) of the respective Scheme(s) for complete details.Please read the Scheme Information Document (SID) of the respective Scheme(s) for complete details.Please read the Scheme Information Document (SID) of the respective Scheme(s) for complete details.Please read the Scheme Information Document (SID) of the respective Scheme(s) for complete details.Please read the Scheme Information Document (SID) of the respective Scheme(s) for complete details.Risk factors associated with investing in DerivativesRisk factors associated with investing in DerivativesRisk factors associated with investing in DerivativesRisk factors associated with investing in DerivativesRisk factors associated with investing in Derivatives• The AMC, on behalf of the Scheme(s) may use various derivative products, from time to time, in an attempt to protect the value of the portfolio and enhance Unit holders’ interest. Derivative
products are specialized instruments that require investment techniques and risk analysis different from those associated with stocks and bonds. The use of a derivative requires an understandingnot only of the underlying instrument but of the derivative itself. Other risks include, the risk of mispricing or improper valuation and the inability of derivatives to correlate perfectly with underlyingassets, rates and indices.
• Derivative products are leveraged instruments and can provide disproportionate gains as well as disproportionate losses to the investor. Execution of such strategies depends upon the abilityof the fund manager to identify such opportunities. Identification and execution of the strategies to be pursued by the fund manager involve uncertainty and decision of fund manager may notalways be profitable. No assurance can be given that the fund manager will be able to identify or execute such strategies.
• The risks associated with the use of derivatives are different from or possibly greater than, the risks associated with investing directly in securities and other traditional investments.Risk factors associated with investing in Securitised DebtRisk factors associated with investing in Securitised DebtRisk factors associated with investing in Securitised DebtRisk factors associated with investing in Securitised DebtRisk factors associated with investing in Securitised DebtRisk factors associated with investing in Securitised Debt summarized below.• Limited Liquidity & Price Risk• Limited Recourse, Delinquency and Credit Risk• Risks due to possible prepayments and Charge Offs• Bankruptcy of the Swap Bank• Risk of Co-minglingPlease read the Scheme Information Document (SID) of the respective Scheme(s) for complete details.Please read the Scheme Information Document (SID) of the respective Scheme(s) for complete details.Please read the Scheme Information Document (SID) of the respective Scheme(s) for complete details.Please read the Scheme Information Document (SID) of the respective Scheme(s) for complete details.Please read the Scheme Information Document (SID) of the respective Scheme(s) for complete details.Risk Factors specific to HDFC Arbitrage FundRisk Factors specific to HDFC Arbitrage FundRisk Factors specific to HDFC Arbitrage FundRisk Factors specific to HDFC Arbitrage FundRisk Factors specific to HDFC Arbitrage Fund• The primary objective of the Fund Manager is to identify investment opportunities and to exploit price discrepancies in various markets. Identification and exploitation of the strategies to be
pursued by the Fund Manager involve uncertainty. No assurance can be given that Fund Manager will be able to locate investment opportunities or to correctly exploit price discrepancies in thecapital markets. Reduction in mis-pricing opportunities between the cash market and Future and Options market may lead to lower level of activity affecting the returns. As the Scheme proposesto execute arbitrage transactions in various markets simultaneously, this may result in high portfolio turnover and, consequently, high transaction cost.
• There may be instances, where the price spread between cash and derivative market is insufficient to meet the cost of carry. In such situations, the fund manager due to lack of opportunitiesin the derivative market may not be able to outperform liquid / money market funds.
• Though the constituent stocks of most indexes are typically liquid, liquidity differs across stock. Due to heterogeneity in liquidity in the capital market segment, trades on this segment do notget implemented instantly. This often makes arbitrage expensive, risky and difficult to implement.
Risk Factors Specific to HDFC Premier Multi-Cap FundRisk Factors Specific to HDFC Premier Multi-Cap FundRisk Factors Specific to HDFC Premier Multi-Cap FundRisk Factors Specific to HDFC Premier Multi-Cap FundRisk Factors Specific to HDFC Premier Multi-Cap FundWhile mid cap stocks give one an opportunity to go beyond the usual large blue chip stocks and present possible higher capital appreciation, it is important to note that mid cap stocks can be riskierand more volatile on a relative basis. Therefore, the risk levels of investing in mid cap stocks is more than investing in stocks of large well-established companies. It should be noted that over a time,mid cap and large cap stocks have demonstrated different levels of volatility and investment returns. And it is important to note that generally, no one class consistently outperforms the others.Risk Factors Specific to HDFC Mid-Cap Opportunities FundRisk Factors Specific to HDFC Mid-Cap Opportunities FundRisk Factors Specific to HDFC Mid-Cap Opportunities FundRisk Factors Specific to HDFC Mid-Cap Opportunities FundRisk Factors Specific to HDFC Mid-Cap Opportunities Fund• While Small & Mid-cap stocks give one an opportunity to go beyond the usual large blue chip stocks and present possible higher capital appreciation, it is important to note that Small & Mid-
cap stocks can be riskier and more volatile on a relative basis. Therefore, the risk levels of investing in Small & Mid-cap stocks are more than investing in stocks of large well-established companies.It should be noted that over a period of time, Small, Mid and Large cap stocks have demonstrated different levels of volatility and investment returns. And it is important to note that generally,no one class consistently outperforms the others.
• HDFC Mid-Cap Opportunities Fund benchmarked to CNX Midcap is not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (IISL). IISL makes no representationor warranty, express or implied to the owners of HDFC Mid-Cap Opportunities Fund or any member of the public regarding the advisability of investing in securities generally or in HDFC Mid-Cap Opportunities Fund particularly or the ability of the CNX Midcap Index to track general stock market performance in India. The relationship of IISL to HDFC Asset Management Company Limitedis in respect of the using of the trademark and trade name of CNX Midcap Index which is determined, composed and calculated by IISL without regard to HDFC Asset Management CompanyLimited or HDFC Mid-Cap Opportunities Fund. IISL has no obligation to take the needs of HDFC Asset Management Company Limited or the owners of HDFC Mid-Cap Opportunities Fund intoconsideration in determining, composing or calculating the CNX Midcap Index. IISL is not responsible for nor has participated in the determination of the timing of, prices at, or quantities ofHDFC Mid-Cap Opportunities Fund to be issued or in the determination or calculation of the equation by which HDFC Mid-Cap Opportunities Fund is to be converted into cash. IISL has noobligation or liability in connection with the administration, marketing or trading of HDFC Mid-Cap Opportunities Fund.
32 HDFC Mutual Fund
Information common to Schemes (as applicable) (Contd...)
• IISL does not guarantee the accuracy and/or the completeness of the CNX Midcap Index or any data included therein and they shall have no liability for any errors, omissions, or interruptionstherein. IISL makes no warranty, express or implied, as to the results to be obtained by HDFC Asset Management Company Limited, owners of HDFC Mid-Cap Opportunities Fund, or any otherpersons or entities from the use of the CNX Midcap Index or any data included therein. IISL makes no express or implied warranties and expressly disclaims all warranties of merchantability orfitness for a particular purpose or use with respect to the CNX Midcap Index or any data included therein. Without limiting any of the foregoing, in no event shall IISL have any liability for anyspecial, punitive, indirect or consequential damages (including lost profits), even if notified of the possibility of such damages.
Risk FRisk FRisk FRisk FRisk Factors Specific to HDFC Long Tactors Specific to HDFC Long Tactors Specific to HDFC Long Tactors Specific to HDFC Long Tactors Specific to HDFC Long Term Equity Funderm Equity Funderm Equity Funderm Equity Funderm Equity Fund• HDFC Long Term Equity Fund benchmarked to S&P CNX Nifty is not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (IISL). IISL is not responsible for any errors
or omissions or the results obtained from the use of such index and in no event shall IISL have any liability to any party for any damages of whatsoever nature (including lost profits) resultedto such party due to purchase or sale or otherwise of such product benchmarked to such index.
Risk Factors Specific to HDFC Infrastructure FundRisk Factors Specific to HDFC Infrastructure FundRisk Factors Specific to HDFC Infrastructure FundRisk Factors Specific to HDFC Infrastructure FundRisk Factors Specific to HDFC Infrastructure Fund• The investments under the Scheme are predominantly oriented towards equity/equity related securities of Companies engaged in the area of growth and development of infrastructure and hence
will be affected by risks associated with such companies. Further, amongst the infrastructure sector as defined under the investment strategy, the majority of the equity/ equity orientedinvestments could be under a single sector. Hence if the said sector does not perform positively as expected by the Fund Manager of the Scheme, the Scheme's performance may be adverselyaffected due to a risk associated with non-diversification and thus could affect the value of investments.
• Given that the Scheme seeks to invest in equity/ equity related securities of the Companies belonging to the infrastructure sector and that the investment concentration may be high in certaincompanies belonging to the said sector, the volatility and/or performance of the said sector and/or of the scrips belonging to this sector can have a material adverse bearing on the performanceof the Scheme.
• Although the Scheme seeks to make investments in equity and equity related securities of the Infrastructure sector, this scheme will not be a sector specific scheme for the purpose of monitoringthe investment restrictions applicable to the Scheme and hence investments per issuer under the Scheme will not exceed 10% (at the time of investment) of the net assets of the Scheme.
• As the Scheme may hold securities that are not in the S&P CNX 500 Index and may invest in limited number of sectors with higher concentration to certain sectors and industries, it may performdifferently from the general stock market. Further Scheme's performance may differ from the benchmark index to the extent of the investments held in the debt segment, as per the investmentpattern indicated under normal circumstances. Standard & Poor's ("S&P") is a division of The McGraw-Hill Companies, Inc., a New York corporation. Among other things, S&P is engaged in thebusiness of developing, constructing, compiling, computing and maintaining various equity indices that are recognized worldwide as benchmarks for U.S. stock market performance.
• "Standard & Poor's® " and "S&P®" are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by India Index Services & Products Limited in connection with the S&P CNX500 Index. The S&P CNX 500 Index is not compiled, calculated or distributed by Standard & Poor's and Standard & Poor's makes no representation regarding the advisability of investing in productsthat utilize S&P CNX 500 Index as a component thereof, including HDFC Infrastructure Fund ("the Product").
• HDFC Infrastructure Fund benchmarked to S&P CNX 500 is not sponsored, endorsed, sold or promoted by India Index Services & Products Limited ("IISL") or Standard & Poor's, a division of TheMcGraw-Hill Companies, Inc. ("S&P"). Neither IISL nor S&P makes any representation or warranty, express or implied, to the owners of HDFC Infrastructure Fund or any member of the publicregarding the advisability of investing in securities generally or in HDFC Infrastructure Fund particularly or the ability of the S&P CNX 500 Index to track general stock market performance in India.The relationship of S&P and IISL to HDFC Asset Management Company Ltd. Is only in respect of usage of the trademark and trade name of the S&P CNX 500 Index for benchmarking purposeswhich is determined, composed and calculated by IISL without regard to HDFC Asset Management Company Limited or the Product. Neither S&P nor IISL has any obligation to take the needsof HDFC Asset Management Company Ltd. or the owners of HDFC Infrastructure Fund into consideration in determining, composing or calculating the S&P CNX 500 Index. Neither S&P nor IISLis responsible for or has participated in the determination of the timing of, prices at, or quantities of HDFC Infrastructure Fund to be issued or in the determination or calculation of the equationby which HDFC Infrastructure Fund is to be converted into cash. Neither IISL nor S&P has any obligation or liability in connection with the administration, marketing or trading of the Product.
• S&P and IISL does not guarantee the accuracy and/or the completeness of the S&P CNX 500 Index or any data included therein and they shall have no liability for any errors, omissions, orinterruptions therein. Neither S&P nor IISL makes any warranty, express or implied, as to the results to be obtained by HDFC Asset Management Company Ltd., owners of the Product, or anyother person or entity from the use of the S&P CNX 500 Index or any data included therein. IISL and S&P make no express or implied warranties, and expressly disclaim all warranties ofmerchantability or fitness for a particular purpose or use with respect to the index or any data included therein. Without limiting any of the foregoing, IISL and S&P expressly disclaim any andall liability for any damages or losses arising out of or related to the Product, including any and all direct, special, punitive, indirect or consequential damages (including lost profits), even if notifiedof the possibility of such damages.
Risk Factors Specific to HDFC Index FundRisk Factors Specific to HDFC Index FundRisk Factors Specific to HDFC Index FundRisk Factors Specific to HDFC Index FundRisk Factors Specific to HDFC Index Fund• Except for the actively managed part of the SENSEX Plus Plan, the Scheme attempts to track the respective indices and it would primarily invest in the securities included in its Underlying indices
regardless of their investment merit. The Scheme may be affected by a general decline in the Indian markets.• The performance of the SENSEX Plus Plan may not be in line with BSE SENSEX as 10-20% of the net assets will be invested in non-index scrips. Performance of the BSE SENSEX / S&P CNX Nifty
Index will have a direct bearing on the performance of the respective Plans. In the event the BSE SENSEX / S&P CNX Nifty, as the case may be, is dissolved or is withdrawn by Bombay Stock ExchangeLimited (BSE) / India Index Services & Products Ltd. (IISL) respectively or is not published due to any reason whatsoever, the Trustee reserves the right to modify the respective Plans so as tracka different and suitable index or to suspend tracking the BSE SENSEX / Nifty till such time it is dissolved / withdrawn or not published and appropriate intimation will be sent to the Unit holdersof the respective Plans. In such a case, the investment pattern will be modified suitably to match the composition of the securities that are included in the new index to be tracked and the respectivePlans will be subject to tracking errors during the intervening period.
• Tracking errors are inherent in any index fund and such errors may cause the respective Plans to generate returns which are not in line with the performance of the BSE SENSEX / S&P CNX Niftyor one or more securitiescovered by / included in the BSE SENSEX / S&P CNX Nifty and may arise from a variety of factors including but not limited to:
• Any delay in the purchase or sale of shares due to illiquidity in the market, settlement and realisation of sales proceeds, delay in credit of securities or in receipt and consequent reinvestmentof dividends, etc.
• The Indices reflect the prices of securities at a point in time, which is the price at close of business day on Bombay Stock Exchange Limited (BSE) / National Stock Exchange of India Limited (NSE).The respective Plans, however, may trade these securities at different points in time during the trading session and therefore the prices at which the respective Plans trade may not be identicalto the closing price of each scrip on that day on the BSE / NSE. In addition, the respective Plans may opt to trade the same securities on different exchanges due to price or liquidity factors, whichmay also result in traded prices being at variance, from BSE / NSE closing prices.
• IISL undertakes periodic reviews of the fifty securities that are represented in the Nifty and from time to time may exclude existing securities or include new ones. Similarly, the BSE may excludeexisting securities or include new ones. In such an event, the respective Plans will endeavor to reallocate its portfolio to mirror the changes. However, the reallocation process may not occurinstantaneously and permit precise mirroring of the BSE SENSEX / Nifty during this period.
• The potential of trades to fail may result in the respective Plans not having acquired the security at the price necessary to mirror the index.• Transaction and other expenses, such as but not limited to brokerage, custody, trustee and investment management fees.• Being an open-ended scheme, the respective Plans may hold appropriate levels of cash or cash equivalents to meet ongoing redemptions.• The respective Plans may not be able to acquire or sell the desired number of securities due to conditions prevailing in the securities market, such as, but not restricted to: circuit filters in the
securities, liquidity and volatility in security prices.• Due to the reasons mentioned above and other reasons that may arise, it is expected that the Nifty Plan and the SENSEX Plan may have a tracking error in the range of 2-3% per annum from their
respective Benchmarks. However, it needs to be clearly understood that the actual tracking error can be higher or lower than the range given.• In case of investments in derivatives like index futures, the risk reward would be the same as investments in portfolio of shares representing an index. However, there may be a cost attached to
buying an index future. Further, there could be an element of settlement risk, which could be different from the risk in settling physical shares and there is a risk attached to the liquidity and thedepth of the index futures market as it is relatively new market. Please refer the Scheme Information Document (SID) of the respective Scheme(s) for complete details.
Risk FRisk FRisk FRisk FRisk Factors Specific to HDFC Long Tactors Specific to HDFC Long Tactors Specific to HDFC Long Tactors Specific to HDFC Long Tactors Specific to HDFC Long Term Advantage Fund and HDFC Term Advantage Fund and HDFC Term Advantage Fund and HDFC Term Advantage Fund and HDFC Term Advantage Fund and HDFC TaxSaaxSaaxSaaxSaaxSavvvvverererererUnits purchased (including units allotted on dividend reinvestment) cannot be assigned / transferred / pledged / redeemed / switched out until completion of 3 years from the date of allotment ofthe respective Units. The AMC reserves the right to change the Lock-in Period prospectively from time to time to the extent permitted under the Equity Linked Savings Scheme (ELSS), 1992 as amendedfrom time to time.3) Applicable NA3) Applicable NA3) Applicable NA3) Applicable NA3) Applicable NAVVVVV
All Schemes (Except HDFC MF Monthly Income Plan)All Schemes (Except HDFC MF Monthly Income Plan)All Schemes (Except HDFC MF Monthly Income Plan)All Schemes (Except HDFC MF Monthly Income Plan)All Schemes (Except HDFC MF Monthly Income Plan)Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAV for Purchases including Switch - InsV for Purchases including Switch - InsV for Purchases including Switch - InsV for Purchases including Switch - InsV for Purchases including Switch - Ins
• In respect of valid applications received upto 3.00 p.m. on a Business Day by the Fund along with a local cheque or a demand draft payable at par at the official Point(s) of acceptance where theapplication is received, the closing NAV of the day on which application is received shall be applicable.
• In respect of valid applications received after 3.00 p.m. on a Business Day by the Fund along with a local cheque or a demand draft payable at par at the official Point(s) of acceptance where theapplication is received, the closing NAV of the next Business Day shall be applicable.
• However, in respect of valid applications, with outstation cheques / demand drafts not payable at par at the official Point(s) of acceptance where the application is received, closing NAV of theday on which the cheque / demand draft is credited shall be applicable.Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAV for Redemptions including Switch - Outs:V for Redemptions including Switch - Outs:V for Redemptions including Switch - Outs:V for Redemptions including Switch - Outs:V for Redemptions including Switch - Outs:
• In respect of valid applications received upto 3.00 p.m. on a Business Day by the Fund, same day’s closing NAV shall be applicable.• In respect of valid applications received after 3.00 p.m. on a Business Day by the Fund, the closing NAV of the next Business Day shall be applicable.
For HDFC MF Monthly Income PlanFor HDFC MF Monthly Income PlanFor HDFC MF Monthly Income PlanFor HDFC MF Monthly Income PlanFor HDFC MF Monthly Income PlanApplicable NAApplicable NAApplicable NAApplicable NAApplicable NAV for Purchases including Switch – InsV for Purchases including Switch – InsV for Purchases including Switch – InsV for Purchases including Switch – InsV for Purchases including Switch – Ins
• Applications for amount less than Applications for amount less than Applications for amount less than Applications for amount less than Applications for amount less than AAAAA 1 crore 1 crore 1 crore 1 crore 1 crore(i) For Purchases including switch-ins:(i) For Purchases including switch-ins:(i) For Purchases including switch-ins:(i) For Purchases including switch-ins:(i) For Purchases including switch-ins: In respect of valid applications received upto 3.00 p.m. on a Business Day 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. In respect of valid applications received after 3.00 p.m. on a Business Day 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 next Business Day shall be applicable.
Key Information Memorandum 33
However, in respect of valid applications, with outstation cheques / demand drafts not payable at par at the official point(s) of acceptance where the application is received, closing NAV of theday on which the cheque / demand draft is credited shall be applicable.
••••• Applications for amount equal to or greater than Applications for amount equal to or greater than Applications for amount equal to or greater than Applications for amount equal to or greater than Applications for amount equal to or greater than `̀̀̀̀ 1 crore 1 crore 1 crore 1 crore 1 crore(i)( i )( i )( i )( i ) For Purchases:For Purchases:For Purchases:For Purchases:For Purchases:(i) In respect of valid application received for an amount equal to or more than ̀ 1 crore upto 3.00 p.m. on a Business Day at the official point(s) of acceptance and 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 i.e. available for utilization before the cut-off time- the closing NAV of theday shall be applicable;
(ii) In respect of valid application received for an amount equal to or more than ̀ 1 crore after 3.00 p.m. on a Business Day at the official point(s) of acceptance and funds for the entire amount ofsubscription/purchase as per the application are credited to the bank account of the respective Plans under the Scheme before the cut-off time of the next Business Day i.e. available for utilizationbefore the cut-off time of the next Business Day - the closing NAV of the next Business Day shall be applicable.
(iii) Irrespective of the time of receipt of application for an amount equal to or more than ̀ 1 crore on a Business Day at the official point(s) of acceptance, where funds for the entire amount ofsubscription/purchase as per the application are credited to the bank account of the respective Plans under the Scheme before the cut-off time on any subsequent Business Day i.e. availablefor utilization before the cutoff time on any subsequent Business Day - the closing NAV of such subsequent Business Day shall be applicable.
( i i )( i i )( i i )( i i )( i i ) For Switch-ins:For Switch-ins:For Switch-ins:For Switch-ins:For Switch-ins:For determining the applicable NAV, the following shall be ensured:i) Application for switch-in is received before the applicable cut-off time during a Business Day.ii) Funds for the entire amount of subscription/purchase as per the switch-in request are credited to the bank account of the Scheme before the cut-off time.iii) The funds are available for utilization before the cut-off time.Applicable NAApplicable NAApplicable NAApplicable NAApplicable NAV for Redemptions including switch-outs:V for Redemptions including switch-outs:V for Redemptions including switch-outs:V for Redemptions including switch-outs:V for Redemptions including switch-outs:• In respect of valid applications received upto 3.00 p.m. on a Business Day by the Fund, same day’s closing NAV shall be applicable.• In respect of valid applications received after 3.00 p.m. on a Business Day by the Fund, the closing NAV of the next Business Day shall be applicable.The AMC has the right to amend cut off timings subject to SEBI (MF) Regulations for the smooth and efficient functioning of the Scheme(s).4) Dividend P4) Dividend P4) Dividend P4) Dividend P4) Dividend PolicyolicyolicyolicyolicyIt is proposed to declare dividends subject to availability of distributable profits, as computed in accordance with SEBI (Mutual Funds) Regulations, 1996.Dividends, if declared, will be paid (subject of deduction of tax at source, if any) to those unit holders whose names appear in the register of unit holders on the notified record date. The DividendWarrants shall be despatched within 30 days of the declaration of the dividend. In the event of failure of dispatch of dividend within the stipulated 30 day period, the AMC shall be liable to pay interest@ 15 per cent per annum to the unit holders. The AMC reserves the right to change the record date from time to time. However, it must be distinctly understood that the actual declaration of dividendand the frequency thereof will inter alia, depend on the availability of distributable profits as computed in accordance with SEBI (Mutual Funds) Regulations,1996. The decision of the Trustee in thisregard shall be final.There is no assurance or guarantee to unit holders as to the rate of dividend distribution nor that dividends will be paid regularly. On payment of dividends, the NAV will stand reduced by the amountof dividend and dividend tax (if applicable) paid.5) Load Structure5) Load Structure5) Load Structure5) Load Structure5) Load Structure(i) No Loads shall be imposed for switching between Plans / Options within the Scheme (Except HDFC Index Fund and HDFC MF Monthly Income Plan). No Loads shall be imposed for switchingbetween the options within the respective Plans of HDFC MF Monthly Income Plan. (ii) No Entry / Exit Load will be levied on Bonus units and units allotted on Dividend Reinvestment.6) Waiver of Load for Direct Application6) Waiver of Load for Direct Application6) Waiver of Load for Direct Application6) Waiver of Load for Direct Application6) Waiver of Load for Direct ApplicationPursuant to SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009 no entry load shall be charged for all mutual fund schemes. Therefore, the procedure for waiver of load for directapplications is no longer applicable.7) For Investor Grievances, Please contact7) For Investor Grievances, Please contact7) For Investor Grievances, Please contact7) For Investor Grievances, Please contact7) For Investor Grievances, Please contactInvestors may contact any of the Investor Service Centres (ISCs) of the AMC for any queries / clarifications at telephone number60006767 (Do not Prefix STD Code) or 1800 233 6767 (toll free), Fax number. (022) 22821144, e-mail: [email protected]. Investors canalso post their grievances/feedback/suggestions on our website www.hdfcfund.com under the section ‘Customer Care’ appearingunder ‘Contact Us’. The Head Office of the AMC will follow up with the respective ISCs to ensure timely redressal and promptinvestor services. Mr. John Mathews, Head - Client Services can be contacted at Mistry Bhavan, 2nd Floor, 122, Dinsha Vachha Road,Churchgate, Mumbai - 400 020 at telephone number (Direct) (022) 66316301 or telephone number (Board) (022) 66316333. His e-mailcontact is: [email protected]) Unit holder’s Information8) Unit holder’s Information8) Unit holder’s Information8) Unit holder’s Information8) Unit holder’s InformationAccount Statements: Account Statements: Account Statements: Account Statements: Account Statements: Account Statement stating the number of Units will be sent by ordinary post and /or electronic mail (if so mandated) to Unit Holder's within the following periods:• New or additional subscription as well as Redemption / Switch of Units: The Account Statement reflecting the new or additional subscription as well as Redemption / Switch of Units shall bedespatched to the Unit holder within 5 Business Days from the date of receipt of request from the Unit holder.• For SIP/STP:• For SIP/STP:• For SIP/STP:• For SIP/STP:• For SIP/STP:The first Account Statement under SIP/STP shall be issued within 10 Business Days of the initial investment / transfer. Subsequently, the Account Statement will be despatched once every quarterending March, June, September and December within 10 Business Days of the end of the respective quarter.• Annual Account Statement:Annual Account Statement:Annual Account Statement:Annual Account Statement:Annual Account Statement: The Mutual Funds shall provide the Account Statement to the Unitholders who have not transacted during the last six months prior to the date of generationof account statements. The account statements in such cases may be generated and issued along with the Portfolio Statement or Annual Report of the Scheme.For more details, please refer the Scheme Information Document (SID) and Statement of Additional Information (SAI).Annual Financial Results: Annual Financial Results: Annual Financial Results: Annual Financial Results: Annual Financial Results: The Scheme wise annual report or an abridged summary thereof shall be mailed (e-mailed if opted / requested) to all Unit holders not later than four months fromthe date of closure of the relevant accounting year (i.e. 31st March each year) and full annual report shall be available for inspection at the Head Office of the Mutual Fund and a copy shall be madeavailable to the Unit holders on request on payment of nominal fees, if any. These results shall also be displayed on the website of the Mutual Fund on www.hdfcfund.com and Association of MutualFunds in India (AMFI) on www.amfiindia.comHalf YHalf YHalf YHalf YHalf Yearly Unaudited Fearly Unaudited Fearly Unaudited Fearly Unaudited Fearly Unaudited Financial Results: inancial Results: inancial Results: inancial Results: inancial Results: Half Yearly Unaudited Financial Results shall be published in one national English daily newspaper circulating in the whole of India and in anewspaper published in the language of the region where the Head Office of the Mutual Fund is situated before expiry one month from the close of each half-year, that is on March 31 and September30. It is also displayed on the website of the Mutual Fund on www.hdfcfund.com and Association of Mutual Funds in India (AMFI) on www.amfiindia.comHalf yHalf yHalf yHalf yHalf yearly Pearly Pearly Pearly Pearly Portfolio Disclosure: ortfolio Disclosure: ortfolio Disclosure: ortfolio Disclosure: ortfolio 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 Indiaand 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, that is as on March 31 and September 30. It is also displayed on the website of the Mutual Fund on www.hdfcfund.com and Association of Mutual Funds in India (AMFI) on www.amfiindia.com9) S&P CNX 500 / CNX MIDCAP / S&P CNX NIFTY / SENSEX9) S&P CNX 500 / CNX MIDCAP / S&P CNX NIFTY / SENSEX9) S&P CNX 500 / CNX MIDCAP / S&P CNX NIFTY / SENSEX9) S&P CNX 500 / CNX MIDCAP / S&P CNX NIFTY / SENSEX9) S&P CNX 500 / CNX MIDCAP / S&P CNX NIFTY / SENSEXHDFC Equity Fund, HDFC Capital Builder Fund, HDFC TaxSaver, HDFC Premier Multi-Cap Fund and HDFC Infrastructure Fund benchmarked to S&P CNX 500 Index, HDFC Mid-Cap Opportunities Fundbenchmarked to CNX Midcap Index and HDFC Long Term Equity Fund benchmarked to S&P CNX Nifty, are not sponsored, endorsed, sold or promoted by India Index Services & Products Limited(IISL). IISL is not responsible for any errors or omissions or the results obtained from the use of such index and in no event shall IISL have any liability to any party for any damages of whatsoevernature (including lost profits) resulted to such party due to purchase or sale or otherwise of such product benchmarked to such index.
“Standard & Poor’s® and “S&P® are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by India Index Services & Products Limited (IISL), which has sublicensed suchmarks to the HDFC Asset Management Company Limited. The S&P CNX Nifty is not compiled, calculated or distributed by Standard & Poor’s and Standard & Poor’s and IISL make no representationregarding the advisability of investing in products that utilize any such Index as a component. All rights in the SENSEX vest in Bombay Stock Exchange Ltd. (“BSE”). BSE and SENSEX are trademarksof BSE and are used by HDFC Asset Management Company Limited under license. BSE shall not be liable in any manner whatsoever (including in negligence) for any loss arising to any personwhosoever out of use of or reliance on the SENSEX by any person.
Registrar and TRegistrar and TRegistrar and TRegistrar and TRegistrar and Transfer Agent :ransfer Agent :ransfer Agent :ransfer Agent :ransfer Agent :Computer Age Management Services Pvt. Ltd.,Unit: HDFC Mutual Fund5th Floor, Rayala Tower, 158, Anna Salai, Chennai - 600 002.Telephone No: 044-30212816Fax No: 044-42032955Email: [email protected]
34 HDFC Mutual Fund
Name of SchemeName of SchemeName of SchemeName of SchemeName of Scheme PlanP lanP lanP lanP lan O p t i o nO p t i o nO p t i o nO p t i o nO p t i o n Payout Opt ionPayout Opt ionPayout Opt ionPayout Opt ionPayout Opt ion
•HDFC Growth Fund - • G r o w t h -
•Div idend •Payou t•Reinvestment
•HDFC Equity Fund - • G r o w t h -
•Div idend •Payou t•Reinvestment
•HDFC Top 200 Fund - • G r o w t h -
•Div idend •Payou t•Reinvestment
•HDFC Capital Builder Fund - • G r o w t h -
•Div idend •Payou t•Reinvestment
•HDFC Core & Satellite Fund - • G r o w t h -
•Div idend •Payou t•Reinvestment
•HDFC Premier Multi-Cap Fund - • G r o w t h -
•Div idend •Payou t•Reinvestment
•HDFC Mid-Cap Opportunities Fund - • G r o w t h -
•Div idend •Payou t•Reinvestment
•HDFC Long Term Equity Fund - • G r o w t h -
•Div idend •Payou t•Reinvestment
•HDFC Infrastructure Fund - • G r o w t h -
•Div idend •Payou t•Reinvestment
INSTRUCTIONSINSTRUCTIONSINSTRUCTIONSINSTRUCTIONSINSTRUCTIONS1 .1 .1 .1 .1 . Genera l Instruct ionsGenera l Instruct ionsGenera l Instruct ionsGenera l Instruct ionsGenera l Instruct ions
Please read the Key Information Memorandum and the terms of the Scheme InformationDocument(s) of the respective Scheme(s) and Statement of Additional Informationcarefully before filling the Application Form. Investors should apprise themselves ofthe prevailing Load structure on the date of submitting the Application Form.
Investors are deemed to have accepted the terms subject to which these offers arebeing made and bind themselves to the terms upon signing the Application Formand tendering payment.
Investors have been provided the following Application Forms:
• Two Common Application Forms for Equity, Balanced, ELSS and MIP Schemes withNomination Facility. (HGF / HEF / HT200 / HCBF / HAF / HBF / HPF / HLTAF / HTS / HMCOF/HLTEF / HINF/ / HDFC Index Fund/ HCSF / HPMCF / HMIP.)
• Two Systematic Investment Plan (SIP) Enrolment Forms (for ECS (Debit Clearing) / Direct DebitFacility / Standing Instruction)
• One Systematic Transfer Plan (STP) Form
• One Flex Systematic Transfer Plan (Flex STP) Form
• One Third Party Payment Declaration Form.
New investors wishing to make SIP investment will need to complete and submitboth the Application Form and the SIP Enrolment Form (for Post Dated Cheques orfor Auto Debit/ ECS/ Standing Instruction as applicable).
The Application Form should be completed in ENGLISHENGLISHENGLISHENGLISHENGLISH and in BLBLBLBLBLOCK LETTERSOCK LETTERSOCK LETTERSOCK LETTERSOCK LETTERSonly. Please tick in the appropriate box for relevant options wherever applicable.Please do not overwrite. For any correction / changes (if any) made, the sole / allapplicants are requested to authenticate the same by canceling and re-writing thecorrect details and counter-signing the same.
Applications complete in all respects, may be submitted at the designated InvestorService Centres (ISCs) / Official points of Acceptance.
Investors must wr i te the Appl icat ion Form number / Fo l ioInvestors must wr i te the Appl icat ion Form number / Fo l ioInvestors must wr i te the Appl icat ion Form number / Fo l ioInvestors must wr i te the Appl icat ion Form number / Fo l ioInvestors must wr i te the Appl icat ion Form number / Fo l io numbernumbernumbernumbernumberon the reverse o f the cheques and bank d ra f ts accompany ingon the reverse o f the cheques and bank d ra f ts accompany ingon the reverse o f the cheques and bank d ra f ts accompany ingon the reverse o f the cheques and bank d ra f ts accompany ingon the reverse o f the cheques and bank d ra f ts accompany ingthe App l i ca t i on Fo rm.the App l i ca t i on Fo rm.the App l i ca t i on Fo rm.the App l i ca t i on Fo rm.the App l i ca t i on Fo rm.
App l i ca t ions incomple te in any respec t a re l i ab le to be re j ec ted .App l i ca t ions incomple te in any respec t a re l i ab le to be re j ec ted .App l i ca t ions incomple te in any respec t a re l i ab le to be re j ec ted .App l i ca t ions incomple te in any respec t a re l i ab le to be re j ec ted .App l i ca t ions incomple te in any respec t a re l i ab le to be re j ec ted .
The AMC / Trustee retains the sole and absolute discretion to reject any application.
It may be noted that the Securities and Exchange Board of India (SEBI) vide its Notificationdated May 31, 2010 read with Circular dated June 24, 2010 states that with effect fromJune 01, 2010, the distributors, agents or any persons employed or engaged or to beemployed or engaged in the sale and/or distribution of mutual fund products shall berequired to have a valid certification from the National Institute of Securities Markets(NISM) by passing the certification examination.
Further, no agents / distributors would be entitled to sell units of mutual funds unlessthe intermediary is registered with AMFI.
2 .2 .2 .2 .2 . Investment Deta i lsInvestment Deta i lsInvestment Deta i lsInvestment Deta i lsInvestment Deta i ls
Investors are required to indicate their choice of Scheme, Plan, Option and Payout optionfor which subscription is made at the time of filling up the Application Form. Please notethat if the same is not mentioned, the Plans/Options mentioned under Instruction 6 -Default Plan/Option shall apply.
3 .3 .3 .3 .3 . Existing Unit holder informationExisting Unit holder informationExisting Unit holder informationExisting Unit holder informationExisting Unit holder information
Investors already having an account in any of HDFC Mutual Fund Schemes should providetheir Folio Number & Name of the First Unit Holder in section 1 and proceed to section 5.The personal details and Bank Account details as they feature in the existing folio wouldapply to this investment as well and would prevail over any conflicting information furnishedin this form. Unitholder’s name should match with the details in the existing folio number,failing which the application form is liable to be rejected.
4 .4 .4 .4 .4 . Unit holder InformationUnit holder InformationUnit holder InformationUnit holder InformationUnit holder Information
Name and address must be written in full. In case the Investor is an NRI/FII, an overseasaddress must be provided. A local address if available may also be mentioned in theApplication Form.
Applications under a Power of Attorney or by a limited company or a corporate body oran eligible institution or a registered society or a trust fund must be accompanied by theoriginal Power of Attorney (or a certified true copy of the same duly notarised) or therelevant resolution or authority to make the application (or certified true copy thereof) asthe case may be, along with a certified copy of the Memorandum and Articles of Associationand/or bye-laws and/or trust deed and/or partnership deed and/or Certificate of Registration.Authorised officials should sign the Application Form under their official designation. Alist of specimen signatures of the authorised officials, duly certified / attested should alsobe attached to the Application Form. In case of a Trust/Fund a resolution from the Trustee(s)authorising such purchase must be submitted.
Applications not complying with the above are liable to be rejected.Applications not complying with the above are liable to be rejected.Applications not complying with the above are liable to be rejected.Applications not complying with the above are liable to be rejected.Applications not complying with the above are liable to be rejected.
Unit holders are advised to provide their contact details like telephone numbers, mobilenumbers and email IDs to HDFC Mutual Fund in writing.
All communication and payments shall be made by the Mutual Fund in the name of andfavouring the first/sole applicant. In case of applications made in joint names withoutindicating the mode of holding, mode of holding will be deemed as ‘Joint’ and processedaccordingly.
Accounts of MinorsAccounts of MinorsAccounts of MinorsAccounts of MinorsAccounts of Minors
The minor shall only be the first and the sole holder in an account (folio). There shall notbe any joint accounts with minor as the first or joint holder. Name of the Parent or Guardianmust be mentioned if the investments are being made on behalf of a minor. Guardian in thefolio should either be a natural guardian (i.e. father or mother, as the case may be) or a courtappointed legal guardian.
Date of birth of the minor along with photocopy of supporting documents (i.e. Birthcertificate, School leaving certificate / Mark sheet issued by Higher Secondary Board ofrespective states, ICSE, CBSE etc., Passport, or any other suitable proof evidencing thedate of birth of the minor) should be provided while opening the folio. In case of a naturalguardian, document evidencing the relationship of the Guardian with the minor, if thesame is not available as part of the documents mentioned above should be submitted. Incase of court appointed legal guardian, supporting documentary evidence should beprovided.
Further, in case of SIP/STP/SWAP registration requests received on/after April 1, 2011, theMutual Fund/AMC will register SIP/STP/SWAP in the folio held by a minor only till the dateof the minor attaining majority, even though the instructions may be for a period beyondthat date.
For folios where the units are held on behalf of the minor, the account shall be frozen foroperation by the guardian on the day the minor attains majority and no transactions shall
Name of SchemeName of SchemeName of SchemeName of SchemeName of Scheme PlanP lanP lanP lanP lan O p t i o nO p t i o nO p t i o nO p t i o nO p t i o n Payout Opt ionPayout Opt ionPayout Opt ionPayout Opt ionPayout Opt ion
•HDFC Arbitrage Fund •Wholesale Plan • G r o w t h -
•Retail Plan •Quarter ly •Payou t Dividend •Reinvestment
•HDFC Balanced Fund - • G r o w t h -
•Div idend •Payou t•Reinvestment
•HDFC Prudence Fund - • G r o w t h -
•Div idend •Payou t•Reinvestment
•HDFC Long Term Advantage Fund - • G r o w t h -
•Div idend •Payou t•Reinvestment
•HDFC TaxSaver - • G r o w t h -
•Div idend •Payou t•Reinvestment
•HDFC Index Fund •SENSEX Plan • G r o w t h -•SENSEX Plus Plan•Nifty Plan
•HDFC MF Monthly Income Plan •Short Term Plan • G r o w t h -
•Long Term Plan • M o n t h l y •Payou t Dividend •Reinvestment•Quarter ly Dividend
A .A .A .A .A . Pay - Out Bank Account Details:Pay - Out Bank Account Details:Pay - Out Bank Account Details:Pay - Out Bank Account Details:Pay - Out Bank Account Details:
An investor at the time of purchase of units must provide the details of his / her pay-outbank account (i.e. account into which redemption / dividend proceeds are to be paid) inSection 4 in the Application Form.
B .B .B .B .B . Multiple Bank Account Registration:Multiple Bank Account Registration:Multiple Bank Account Registration:Multiple Bank Account Registration:Multiple Bank Account Registration:
The AMC/ Mutual Fund provides a facility to the investors to register multiple bank accounts(currently upto 5 for Individuals and 10 for Non – Individuals) for receiving redemption/dividend proceeds etc. by providing necessary documents. Investors must specify any oneaccount as the “Default Bank Account”. The investor, may however, specify any otherregistered bank account for credit of redemption proceeds at the time of requesting forthe redemption.
Investors holding units in non-demat form are requested to avail the facility of registeringmultiple bank accounts by filling in the 'Multiple Bank Accounts Registration Form' availableat our Investor Service Centres (ISCs) or on our website www.hdfcfund.com
C .C .C .C .C . Indian Financial System Code (IFSC)Indian Financial System Code (IFSC)Indian Financial System Code (IFSC)Indian Financial System Code (IFSC)Indian Financial System Code (IFSC)
IFSC is a 11 digit number given by some of the banks on the cheques. IFSC will help tosecure transfer of redemption and dividend payouts via the various electronic mode oftransfers that are available with the banks.
6 .6 .6 .6 .6 . Default Plan / OptionDefault Plan / OptionDefault Plan / OptionDefault Plan / OptionDefault Plan / Option
In case of valid applications received without indicating any choice of Plan / Option,the following Default Plan / Option will be considered:
Scheme NameScheme NameScheme NameScheme NameScheme Name Default Plan / OptionDefault Plan / OptionDefault Plan / OptionDefault Plan / OptionDefault Plan / Option
• HDFC Growth Fund • Growth Option in case Growth Option• HDFC Equity Fund or Dividend Option is not indicated.• HDFC Top 200 Fund• HDFC Capital Builder Fund • Dividend Payout in case Dividend• HDFC Core & Satellite Fund Payout or Dividend Re-investment is not• HDFC Premier Multi-Cap Fund indicated under the Dividend Option.• HDFC Mid-Cap Opportunities Fund• HDFC Long Term Equity Fund• HDFC Infrastructure Fund• HDFC Balanced Fund• HDFC Prudence Fund• HDFC Long Term Advantage Fund• HDFC TaxSaver
• HDFC Arbitrage Fund • Retail Plan in case Retail Plan orWholesale Plan is not indicated.
• Growth Option in case Growth Optionor Quarterly Dividend Option is notindicated.
• Dividend Re-investment in caseDividend Payout or DividendRe-investment is not indicated.
• HDFC MF Monthly Income Plan • Long Term Plan in case Long Term Planor Short Term Plan is not indicated.
• Growth Option in case Growth Optionor Dividend Option is not indicated.
• Quarterly Dividend Option in case Quarterly/Monthly dividend is not indicated.
• Dividend Payout in case DividendPayout or Dividend Re-investment isnot indicated under Monthly DividendOption or Quarterly Dividend Option.
Units of HDFC Long TUnits of HDFC Long TUnits of HDFC Long TUnits of HDFC Long TUnits of HDFC Long Term Advantage Fund and HDFC Term Advantage Fund and HDFC Term Advantage Fund and HDFC Term Advantage Fund and HDFC Term Advantage Fund and HDFC TaxSaaxSaaxSaaxSaaxSavvvvver (includinger (includinger (includinger (includinger (includingunits allotted on dividendunits allotted on dividendunits allotted on dividendunits allotted on dividendunits allotted on dividend r r r r reinvestment)einvestment)einvestment)einvestment)einvestment) cannot be assigned/transferred/cannot be assigned/transferred/cannot be assigned/transferred/cannot be assigned/transferred/cannot be assigned/transferred/pledged/redeemed/switched out until completion of three years frompledged/redeemed/switched out until completion of three years frompledged/redeemed/switched out until completion of three years frompledged/redeemed/switched out until completion of three years frompledged/redeemed/switched out until completion of three years fromthe date of allotment of the respective Units.the date of allotment of the respective Units.the date of allotment of the respective Units.the date of allotment of the respective Units.the date of allotment of the respective Units.
7 .7 .7 .7 .7 . Mode of Payment :Mode of Payment :Mode of Payment :Mode of Payment :Mode of Payment :
Pay-In Bank AccountPay-In Bank AccountPay-In Bank AccountPay-In Bank AccountPay-In Bank Account
An investor at the time of his/her purchase of units must provide the details of his / herpay-in bank account (i.e. account from which a subscription payment is being made)in Section 8 in the Application Form.
(a) For Investors having a bank account with HDFC Bank Limited or such banks withwhom the AMC would have an arrangement from time to time:
Payment may be made for subscription to the Units of the Scheme either by issuinga cheque drawn on such banks or by giving a debit mandate to their account with abranch of HDFC Bank Limited situated at the same location as the ISC or such otherbanks with whom the AMC would have an arrangement from time to time.
(b) For other Investors not covered by (a) above:
Payment may be made by cheque or bank draft drawn on any bank, which is situatedat and is a member of the Bankers’ Clearing House, located at the place where theapplication is submitted. No cash, money orders, outstation cheques,No cash, money orders, outstation cheques,No cash, money orders, outstation cheques,No cash, money orders, outstation cheques,No cash, money orders, outstation cheques,post-dated cheques [except through Systematic Investment Planpost-dated cheques [except through Systematic Investment Planpost-dated cheques [except through Systematic Investment Planpost-dated cheques [except through Systematic Investment Planpost-dated cheques [except through Systematic Investment Plan(SIP)] and postal orders will be accepted.(SIP)] and postal orders will be accepted.(SIP)] and postal orders will be accepted.(SIP)] and postal orders will be accepted.(SIP)] and postal orders will be accepted. Bank charges for outstation
demand drafts will be borne by the AMC and will be limited to the bank chargesstipulated by the State Bank of India. Outstation Demand Draft has been defined as ademand draft issued by a bank where there is no ISC available for Investors. The AMCwill not accept any request for refund of demand draft charges, in such cases.
In the case of NRIs, payment may be made either by inward remittance through normalbanking channels or out of funds held in his Non - Resident (External) Rupee Account(NRE) / Foreign Currency (Non-Resident) Account (FCNR). In case Indian rupee draftsare purchased abroad or from Foreign Currency Accounts or Non-resident RupeeAccounts an account debit certificate from the Bank issuing the draft confirming thedebit shall also be enclosed.
FIIs shall pay their subscription either by inward remittance through normal bankingchannels or out of funds held in Foreign Currency Account or Non-Resident RupeeAccount maintained by the FII with a designated branch of an authorised dealer.
In the case of NRIs, payment may be made either by inward remittance through normalbanking channels or out of funds held in his NRE / FCNR / Non-Resident OrdinaryRupee Account (NRO). In case Indian rupee drafts are purchased abroad or from ForeignCurrency Accounts or Non-resident Rupee Accounts an account debit certificatefrom the Bank issuing the draft confirming the debit shall also be enclosed.
In order to prevent frauds and misuse of payment instruments, the investors are mandatedto make the payment instrument i.e. cheque, demand draft, pay order, etc. favouring eitherof the following given below and crossed “Account Payee only". Investors are urged tofollow the order of preference in making the payment instrument favouring as under:
1. 'the Specific Scheme A/c Permanent Account Number' or
2. 'the Specific Scheme A/c First Investor Name'
e.g. In case of HGF the cheque should be drawn in favour of “HDFC Equity Fund“HDFC Equity Fund“HDFC Equity Fund“HDFC Equity Fund“HDFC Equity FundA/c ABCDE1234F” OR “HDFC Growth Fund A/c Bhavesh Shah”A/c ABCDE1234F” OR “HDFC Growth Fund A/c Bhavesh Shah”A/c ABCDE1234F” OR “HDFC Growth Fund A/c Bhavesh Shah”A/c ABCDE1234F” OR “HDFC Growth Fund A/c Bhavesh Shah”A/c ABCDE1234F” OR “HDFC Growth Fund A/c Bhavesh Shah”; incase of HDFC Index Fund, HDFC MF Monthly Income Plan the name of the respective Planshould also be mentioned. A separate cheque or bank draft must accompany each Scheme/ each Plan.Returned cheque(s) are liable not to be presented again for collection, and theaccompanying Application Form is liable to be rejected. In case the returned cheque(s) arepresented again, the necessary charges are liable to be debited to the Investor.
8 .8 .8 .8 .8 . Third Party PaymentsThird Party PaymentsThird Party PaymentsThird Party PaymentsThird Party Payments
1. HDFC Asset Management Company Limited ("HDFC AMC") / HDFC Mutual Fund ("MutualFund"), shall not accept applications for subscriptions of units accompanied with ThirdParty Payments except in cases as enumerated in para 8.2a below.
"Third Party Payment" "Third Party Payment" "Third Party Payment" "Third Party Payment" "Third Party Payment" means payment made through an instrument issued from abank account other thanother thanother thanother thanother than that of the first named applicant/ investor mentioned in theapplication form. In case of payment instruments issued from a joint bank account, thefirst named applicant/ investor must be one of the joint holders of the bank account fromwhich the payment instrument is issued.
Il lustrationsIllustrationsIllustrationsIllustrationsIllustrations
Illustration 1: An Application submitted in joint names of A, B & C alongwith cheque issuedfrom a bank account in names of C, A & B. This is a valid application and will not be consideredas Third Party Payment.
Illustration 2: An Application submitted in joint names of A, B & C alongwith cheque issuedfrom a bank account in name of A. This is a valid application and will not be considered asThird Party Payment.
Illustration 3: An Application submitted in joint names of A, B & C alongwith cheque issuedfrom a bank account in names of B, C & Y. This will be considered as Third Party Payment.
2a. As referred to in para 8.1 above, following are the exceptional cases where third partypayments will be accepted subject to submission of requisite documentation/ declarations.
i) Payment by Parents/Grand-Parents/Related Persons* on behalf of a minor inconsideration of natural love and affection or as gift for a value not exceeding ̀̀̀̀̀ 50,000for each regular purchase or per SIP installment. However this restriction of ̀̀̀̀̀ 50,000will not be applicable for payment made by a Guardian whose name is registered inthe records of Mutual Fund in that folio (i.e. Father / Mother / Court Appointed LegalGaurdian).
ii) Payment by Employer on behalf of employee under Systematic Investment Plans oras lump sum / one-time subscription, through Payroll deductions.
iii) Custodian on behalf of an FII or a Client.
* 'Related Person' means any person investing on behalf of a minor in consideration of naturallove and affection or as a gift.
2b. For investments through third party payments, Investors must accompany the 'ThirdParty Payment Declaration Form' (available at any of our ISCs or on our websitewww.hdfcfund.com) along with the Application Form for subscription of units.
3. The Mutual Fund shall adopt the following procedures to ascertain whether paymentsare Third Party Payments and investors are therefore required to comply with therequirements specified hereinbelow.
(i)( i )( i )( i )( i ) Source of funds - if paid by chequeSource of funds - if paid by chequeSource of funds - if paid by chequeSource of funds - if paid by chequeSource of funds - if paid by cheque
Identification of third party cheques by the AMC/Mutual Fund/ Registrar & TransferAgent (R&TA) will be on the basis of matching the name / signature on the investmentcheque with the name/ signature of the first named applicant available on theapplication or in our records for the said folio. If the name of the bank account holderis not pre-printed on the investment cheque or the signature on the said cheque does
not match with that of the first named applicant mentioned on the application /available in our records for the said folio, then the investor should submit any one ofthe following documents at the time of investment:
(a) a copy# of the bank passbook or a statement of bank account having the nameand address of the account holder and account number;
(b) a letter* (in original) from the bank on its letterhead certifying that the investor maintainsan account with the bank, along with information like bank account number, bankbranch, account type, the MICR code of the branch & IFSC Code (where available).
# Investors should also bring the original documents along with the documentsmentioned in (a) above to the ISCs/Official Points of Acceptance of HDFC MutualFund. The copy of such documents will be verified with the original documents to thesatisfaction of the AMC/ Mutual Fund/R&TA. The original documents will be returnedacross the counter to the investor after due verification.
* In respect of (b) above, it should be certified by the bank manager with his / her fullsignature, name, employee code, bank seal and contact number.
Investors should note that where the bank account numbers have changed on accountof the implementation of core banking system at their banks, any relatedcommunication from the bank towards a change in bank account number shouldaccompany the application form for subscription of units. However, for updation ofthe changed bank details in the folio, the investor should follow the change of bankdetails process.
The Mutual Fund has also provided a facility to the investors to register multiple bankaccounts, as detailed in Instruction No. 5B. Investors are requested to avail the facilityof registering multiple bank accounts by filling in the 'Multiple Bank AccountsRegistration Form' available at our Investor Service Centres (ISCs) or on our websitewww.hdfcfund.com
(ii)( i i )( i i )( i i )( i i ) Source of funds - if funded by pre-funded instruments such as PaySource of funds - if funded by pre-funded instruments such as PaySource of funds - if funded by pre-funded instruments such as PaySource of funds - if funded by pre-funded instruments such as PaySource of funds - if funded by pre-funded instruments such as PayOrderOrderOrderOrderOrder, Demand Draft, Bank, Demand Draft, Bank, Demand Draft, Bank, Demand Draft, Bank, Demand Draft, Banker's cheque etc.er's cheque etc.er's cheque etc.er's cheque etc.er's cheque etc.
Investors should attach any one of the following supporting documents with thepurchase application where subscription for units is vide a pre - funded instrumentissued by way of debit to his / her bank account: (i) a Certificate (in original) from theissuing banker duly certified by the bank manager with his / her full signature, name,employee code, bank seal and contact number, stating the Account holder's name,the Bank Account Number which has been debited for issue of the instrument andPAN as per bank records, if available (ii) a copy of the acknowledgement from thebank, wherein the instructions to debit carry the bank account details and name ofthe investor as an account holder are available (iii) a copy of the passbook/bankstatement evidencing the debit for issuance of the instrument.
The account number mentioned in the above supporting documents should be thesame as / one of the registered bank account or the bank details mentioned in theapplication form.
( i i i )( i i i )( i i i )( i i i )( i i i )Source of funds - if paid by RTGS, Bank Account-to-AccountSource of funds - if paid by RTGS, Bank Account-to-AccountSource of funds - if paid by RTGS, Bank Account-to-AccountSource of funds - if paid by RTGS, Bank Account-to-AccountSource of funds - if paid by RTGS, Bank Account-to-AccountTTTTTransferransferransferransferransfer, NEFT, NEFT, NEFT, NEFT, NEFT, ECS, etc., ECS, etc., ECS, etc., ECS, etc., ECS, etc.
Investors should attach to the purchase application form, an acknowledged copy ofthe instruction to the bank also stating the account number debited. The accountnumber mentioned on the transfer instruction copy should be a registered bankaccount or the first named applicant/ investor should be one of the account holdersto the bank account debited for such electronic transfer of funds.
(iv)(iv)(iv)(iv)(iv) Source of funds - if paid by a pre-funded instrument issued by theSource of funds - if paid by a pre-funded instrument issued by theSource of funds - if paid by a pre-funded instrument issued by theSource of funds - if paid by a pre-funded instrument issued by theSource of funds - if paid by a pre-funded instrument issued by theBank against CashBank against CashBank against CashBank against CashBank against Cash
The AMC/Mutual Fund /R&TA will not accept any purchase applications from investorsif accompanied by a pre-funded instrument issued by a bank (such as Pay Order,Demand Draft, Banker's cheque) against cash for investments of ̀̀̀̀̀ 50,000 or more.The investor should submit a Certificate (in original) obtained from the bank givingname, bank account number and PAN as per the bank records (if available) of theperson who has requested for the payment instrument. The said Certificate shouldbe duly certified by the bank manager with his / her full signature, name, employeecode, bank seal and contact number. The AMC / Mutual Fund /R&TA will check that thename mentioned in the Certificate matches with the first named investor.
The account number mentioned in the Certificate should be the same as / one of theregistered bank account or the bank details mentioned in the application form.
HDFC Mutual Fund/HDFC AMC reserves the right to seek information and /or obtain such otheradditional documents/information from the investors for identifying whether it is a third partypayment.
Account Statements / Newsletters / Annual Reports / Other statutory information (as may bepermitted under SEBI (Mutual Funds) Regulations, 1996) can be sent to each Unit holder bycourier / post / e-mail.
Unit holders who have opted to receive these documents by email will be required to downloadand print the documents after receiving e-mail from the Mutual Fund. Should the Unit holderexperience any difficulty in accessing the electronically delivered documents, the Unit holdershall promptly advise the Mutual Fund to enable the Mutual Fund to make the delivery throughalternate means. It is deemed that the Unit holder is aware of all security risks includingpossible third party interception of the documents and contents of the documents becomingknown to third parties.
The Newsletter, shall be displayed at the website of the Mutual Fund. The Unit holders canrequest for a copy of the Newsletter by post / e-mail. The AMC would arrange to dispatchthese documents to the concerned Unit holder.
10 .10 .10 .10 .10 .Mode of Payment of Redemption / Dividend Proceeds-via Direct CreditMode of Payment of Redemption / Dividend Proceeds-via Direct CreditMode of Payment of Redemption / Dividend Proceeds-via Direct CreditMode of Payment of Redemption / Dividend Proceeds-via Direct CreditMode of Payment of Redemption / Dividend Proceeds-via Direct Credit/ Neft / ECS/ Neft / ECS/ Neft / ECS/ Neft / ECS/ Neft / ECS
••••• Direct CreditDirect CreditDirect CreditDirect CreditDirect Credit
The AMC has entered into arrangements with eleven banks to facilitate direct credit ofredemption and dividend proceeds (if any) into the bank account of the respective Unitholders maintained with any of these banks. These banks are: Axis Bank Ltd., CitibankN.A., Deutsche Bank AG, HDFC Bank Limited, The Hongkong and Shanghai BankingCorporation, ICICI Bank Limited, IDBI Bank Limited, Kotak Mahindra Bank Ltd., Royal Bankof Scotland N.V., Standard Chartered Bank and YES Bank Limited. The list of banks issubject to change from time to time.
The AMC provides the facility of ‘National Electronic Funds Transfer (NEFT)’ offered byReserve Bank of India(RBI), which aims to provide credit of redemption and dividendpayouts (if any) directly into the bank account of the Unit holder maintained with thebanks (participating in the NEFT System). Unit holders can check the list of banksparticipating in the NEFT System from the RBI website i.e. www.rbi.org.in or contact anyof our Investor Service Centres.
However, in the event of the name of Unit holder’s bank not appearing in the ‘List of Banksparticipating in NEFT’ updated on RBI website www.rbi.org.in, from time to time, theinstructions of the Unit holder for remittance of redemption/ dividend (if any) proceedsvia NEFT System will be discontinued by HDFC Mutual Fund / HDFC Asset ManagementCompany Limited 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 draft.
For more details on NEFT or for frequently asked questions (FAQs) on NEFT, Unit holdersare advised to visit the RBI website www.rbi.org.in / HDFC Mutual Fund websitewww.hdfcfund.com
• Electronic Clearing Service (ECS)Electronic Clearing Service (ECS)Electronic Clearing Service (ECS)Electronic Clearing Service (ECS)Electronic Clearing Service (ECS)
Investors who have opted for the ECS facility of RBI for dividend payment will receive adirect credit of the amount due to them in their mandated account whenever the paymentis made through ECS. A separate advice regarding credit of amount(s) via ECS will be sentto the unit holder. It should be noted that while the Mutual Fund will make all efforts,there is no commitment that this facility will be made available to all desirous investors.
Applicants in cities not covered under ECS facility will receive dividend payments , if anyby cheques or demand drafts and the same will be mailed to the Unit holders. Please notethat the ECS Facility is available only in respect of dividend payments and not in the caseof Redemption of Units.
Therefore, the Investors will receive their redemption / dividend proceeds (if any) directlyinto their bank accounts in the following order:
(i) In case the bank account of an investor is covered under Direct Credit facility then thepayment of redemption / dividend proceeds (if any) will happen via direct credit payoutmode only. Investors having these bank accounts will not receive payouts via NEFT/ECS*
(ii) In case the bank account of an investor is not covered under Direct Credit facility butcovered under NEFT system offered by the RBI then the payment of redemption / dividendproceeds (if any) shall be effected via NEFT mechanism only.
(iii) The facility for payment of dividend proceeds, if any via ECS* shall be affected only in casethe bank account of an investor is not covered under the Direct Credit facility or NEFTsystem.
* available only in respect of dividend payments.
Each of the above facilities aims to provide direct credit of the redemption proceeds and dividendpayouts (if any) into the bank account (as furnished in Section 4 of the Application Form) of theUnit holder and eliminates the time lag between despatch of the cheque, its receipt by the Unitholders and the need to personally bank the instrument and await subsequent credit to the Unitholders account. Further, the potential risk of loss of instruments in transit through courier / postis also eliminated. Each of the said facility as a mode of payment, is faster, safer and reliable.
In case the bank account as communicated by the Unit holder is with any of the said banks withwhom the AMC has entered into arrangements to facilitate such direct credits or with any of thebanks participating in the NEFT System offered by RBI, the AMC shall automatically extend thisfacility to the Unit holders.
HDFC Asset Management Company Limited / HDFC Mutual Fund shall not be held liable for anylosses / claims, etc. arising on account of processing the direct credit or credit via NEFT / ECS ofredemption / dividend proceeds on the basis of Bank Account details as provided by the unitholder in the Application Form.
However, if the Unit holders are not keen on availing of any of the said facilities and prefer receivingcheques / demand drafts, Unit holders may indicate their intention in the Application Form in thespace provided specifically. The AMC would then ensure that the payouts are effected by sendingthe Unit holders a cheque / demand draft. In case of unforeseen circumstances, the AMC reservesthe right to issue a cheque / demand draft.
The eServ i cesSe rv i cesSe rv i cesSe rv i cesSe rv i ces facility includes H D F C M FH D F C M FH D F C M FH D F C M FH D F C M FOnline, HDFCMFInves t HDFCMFInves t HDFCMFInves t HDFCMFInves t HDFCMFInves tOnline,HDFCMFHDFCMFHDFCMFHDFCMFHDFCMFMobile, eDocsDocsDocsDocsDocs, eAlertsAlertsAlertsAlertsAlerts and ePayoutsPayoutsPayoutsPayoutsPayouts.
HDFCMFHDFCMFHDFCMFHDFCMFHDFCMFOnlineThis facility enables investors to transact online on www.hdfcfund.com usingHDFCMFHDFCMFHDFCMFHDFCMFHDFCMFOnline. On HDFCMFHDFCMFHDFCMFHDFCMFHDFCMFOnline, Unitholders can execute transactions online forpurchase*, redemption, switch and also register for Systematic Investment Plan (SIP) /Systematic Transfer Plan (STP) of units of schemes of HDFC Mutual Fund and other services
as may be introduced by HDFC Mutual Fund from time to time. Unitholders can also viewaccount details and portfolio valuation online, download account statements and requestfor documents via email, besides other options.
* facility available with select banks and subject to submission of Permanent Account Number(PAN) and Know Your Customer (KYC) compliance proof by all Unitholder(s). Please refer toparagraphs on Permanent Account Number (PAN) and Know Your Customer (KYC) for furtherdetails.
HDFCMFInvestHDFCMFInvestHDFCMFInvestHDFCMFInvestHDFCMFInvestOnlineThis facility enables existing Unitholders not having a HDFC Personal Identification Number(HPIN) to transact online on the Fund's website www.hdfcfund.com usingHDFCMFInvestHDFCMFInvestHDFCMFInvestHDFCMFInvestHDFCMFInvestOnline. Unitholders can execute purchase transactions or register forSystematic Investment Plan and avail such other services as may be introduced by the Fundfrom time to time.
Unitholders must possess a Folio Number (KYC validated), valid PAN, KYC, Bank AccountNumber registered in the folio and Net banking facility with any of the select banks to availthe HDFCMFInvHDFCMFInvHDFCMFInvHDFCMFInvHDFCMFInvestestestestestOnline facility.
HDFCMFHDFCMFHDFCMFHDFCMFHDFCMFMobileThis facility enables investors to transact on their mobile handsets. On HDFCMFHDFCMFHDFCMFHDFCMFHDFCMFMobile,Unitholders can execute transactions on their mobile phone for purchase*, redemption orswitching of units of schemes of HDFC Mutual Fund and other services as may be introducedby HDFC Mutual Fund from time to time. Unitholders can also view account details andportfolio valuation on their mobile phone, request for account statements, besides otheroptions.
* Payment arrangement for purchase of units is available at present with HDFC Bank only.Please visit our website from time to time for an updated list of banks. You also need to haveopted for the mobile-banking facility with your Bank. As per RBI’s operative guidelines onMobile banking dated December 24, 2009, presently there is a restriction of ̀̀̀̀̀ 50,000 percustomer per day for transactions.
eDocsDocsDocsDocsDocs
This facility enables the Unit holder to receive documents viz. account statements, etc. byemail to the email address provided by the Unit holder in HDFCMF eServices Request Form.
eAlertsAlertsAlertsAlertsAlerts
This facility enables the Unit holder to receive SMS confirmation for purchase, redemption orswitch, dividend declaration details and other alerts.
Apart from above mentioned facilities, the facility of ePayoutsPayoutsPayoutsPayoutsPayouts comprising of mode of paymentof Redemption / Dividend Proceeds if any, via Direct Credit / NEFT / ECS is covered undereServicesServicesServicesServicesServices facility. For further details, please refer eServicesServicesServicesServicesServices booklet available at all InvestorService Centres (ISCs) as well as on our website on www.hdfcfund.com.
Signature(s) should be in English or in any Indian Language. Applications on behalf of minorsshould be signed by their Guardian. In case of a HUF, the Karta should sign the ApplicationForm on behalf of the HUF.
If you are investing through your Constituted Attorney, please ensure that the Power ofAttorney is signed by you and your Constituted Attorney. The signature in the ApplicationForm then needs to clearly indicate that the signature is on behalf of the applicant by theConstituted Attorney.
Nomination ensures all rights and/or amount(s) payable in respect of the holdings in Schemesof HDFC Mutual Fund would vest in and be transferred to the nominee upon death of the Unitholder. The nominee receives the units only as agent and trustee for the legal heirs or legateesas the case may be. Investors should opt for the nomination facility to avoid hassles andinconveniences in case of unforeseen events in future.
Nomination by a unit holder shall be applicable for investments in all schemes in the folio oraccount.
Every new nomination for a folio/account will overwrite the existing nomination. Nominationwill be subject to the provisions of the respective Scheme Information Document.
Nomination shall be mandatory for new folios/accounts opened by an individual especially withsole holding and no new folios/accounts for Individuals (with Soles Golding) would be openedwithout nomination. However, investors who do not wish to nominate must sign separatelyconfirming their non-intention to nominate. In case nomination/non-intention to nominate isnot provided by Individual (with sole holding), the application is liable to be rejected.
The nomination can be made only by individuals applying for/ holding units on their ownbehalf singly or jointly. Non-individuals including society, trust, body corporate, partnershipfirm, karta of Hindu undivided family, holder of Power of Attorney cannot nominate.Nomination shall not be allowed in a folio held on behalf of a minor. In case a folio has jointholders, all joint holders should sign the request for nomination/cancellation of nomination,even if the mode of holding is not “joint”.
Minor(s) can be nominated and in that event, the name, address and signature of the guardianof the minor nominee(s) shall be provided by the unitholder. Nomination can also be in favourof the Central Government, State Government, a local authority, any person designated byvirtue of his office or a religious or charitable trust.
The Nominee shall not be a trust (other than a religious or charitable trust), society, bodycorporate, partnership firm, karta of Hindu undivided family or a Power of Attorney holder.A non-resident Indian can be a Nominee subject to the exchange controls in force, from timeto time.
Nomination in respect of the units stands rescinded upon the transfer of units. Transfer ofunits in favour of Nominee(s) shall be valid discharge by the AMC against the legal heirs.
Cancellation of nomination can be made only by those individuals who hold units on theirown behalf singly or jointly and who made the original nomination.
On cancellation of the nomination, the nomination shall stand rescinded and the AMC shallnot be under any obligation to transfer the units in favour of the Nominee(s).
Nomination can be made for maximum number of three nominees. In case of multiplenominees, the percentage of allocation/share in favour of each of the nominees should beindicated against their name and such allocation/share should be in whole numbers withoutany decimals making a total of 100 percent.
In the event of the Unitholders not indicating the percentage of allocation/share for each ofthe nominees, HDFC Mutual Fund/ HDFC Asset Management Company Limited (AMC), byinvoking default option shall settle the claim equally amongst all the nominees.
In case of investors opting to hold the Units in demat form, the nominationIn case of investors opting to hold the Units in demat form, the nominationIn case of investors opting to hold the Units in demat form, the nominationIn case of investors opting to hold the Units in demat form, the nominationIn case of investors opting to hold the Units in demat form, the nominationdetails provided by the investor to the depository participant will bedetails provided by the investor to the depository participant will bedetails provided by the investor to the depository participant will bedetails provided by the investor to the depository participant will bedetails provided by the investor to the depository participant will beapplicable.applicable.applicable.applicable.applicable.
SEBI has made it mandatory for all applicants (in the case of application in joint names, eachof the applicants) to mention his/her permanent account number (PAN) irrespective of theamount [Except for SIP upto ̀̀̀̀̀ 50,000/- per year per investor (Micro SIP)]. Where the applicantis a minor, and does not possess his / her own PAN, he / she shall quote the PAN of his/ herfather or mother or the guardian, as the case may be. However, PAN is not mandatory in thecase of Central Government, State Government entities and the officials appointed by thecourts e.g. Official liquidator, Court receiver etc (under the category of Government) fortransacting in the securities market. PAN card copy is not required separately if KYCacknowledgement issued by CVL is made available. HDFC Mutual Fund reserves the right toascertain the status of such entities with adequate supporting documents. Applications notcomplying with the above requirement may not be accepted/processed.
For further details, please refer Section 'Permanent Account Number' under Statement ofAdditional Information available on our website www.hdfcfund.com.
1111155555 ..... Prevention of Money LaunderingPrevention of Money LaunderingPrevention of Money LaunderingPrevention of Money LaunderingPrevention of Money Laundering
SEBI vide its circular reference number ISD/CIR/RR/AML/1/06 dated January 18, 2006 mandatedthat all intermediaries including Mutual Funds should formulate and implement a properpolicy framework as per the guidelines on anti money laundering measures and also to adopta Know Your Customer (KYC) policy.
The Investor(s) should ensure that the amount invested in the Scheme is through legitimatesources only and does not involve and is not designated for the purpose of any contraventionor 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 anylaws enacted by the Government of India from to time or any rules, regulations, notificationsor directions issued thereunder.
To ensure appropriate identification of the Investor(s) and with a view to monitor transactionsfor the prevention of money laundering, HDFC Asset Management Company Limited (HDFCAMC) / HDFC Mutual Fund reserves the right to seek information, record investor's telephoniccalls and or obtain and retain documentation for establishing the identity of the Investor(s),proof of residence, source of funds, etc. It may re-verify identity and obtain any incompleteor additional information for this purpose.
HDFC Mutual Fund, HDFC AMC, HDFC Trustee Company Limited ("HDFC Trustee") and theirDirectors, employees and agents shall not be liable in any manner for any claims arisingwhatsoever on account of freezing the folios/rejection of any application / allotment of Unitsor mandatory redemption of Units due to non compliance with the provisions of the PMLA,SEBI/AMFI circular(s) and KYC policy and / or where the AMC believes that transaction issuspicious in nature within the purview of the PMLA and SEBI/AMFI circular(s) and reportingthe same to FIU-IND.
For further details, please refer Section 'Prevention of Money Laundering' under the Statementof Additional Information available on our website www.hdfcfund.com.
1111166666..... KnoKnoKnoKnoKnow Yw Yw Yw Yw Your Customer (KYC) Complianceour Customer (KYC) Complianceour Customer (KYC) Complianceour Customer (KYC) Complianceour Customer (KYC) Compliance
Units held in account statement (non-demat) formUnits held in account statement (non-demat) formUnits held in account statement (non-demat) formUnits held in account statement (non-demat) formUnits held in account statement (non-demat) form
Investors should note that it is mandatory for all purchases/ switches/ registrationsfor Systematic Investment Plan (SIP)/ Systematic Transfer Plan (STP)/ Flex STP/ FlexindexPlan/ Dividend Transfer Plan(DTP) made on or after January 1, 2011 to quote the KYCCompliance Status of each applicant (guardian in case of minor) in the application andattach proof of KYC Compliance viz. KYC Acknowledgement Letter / Printout of KYCCompliance Status downloaded from CDSL Ventures Ltd. (CVL) website(www.cvlindia.com) using the PAN.
Applicants intending to apply for units through a Power of Attorney (PoA) mustensure that the issuer of the PoA and the holder of the PoA must mention their KYCCompliance Status and attach proof of KYC Compliance at the time of investment.
Units held in electronic (demat) formUnits held in electronic (demat) formUnits held in electronic (demat) formUnits held in electronic (demat) formUnits held in electronic (demat) form
For units held in demat form, the KYC performed by the Depository Participant of theapplicants will be considered as KYC verification done by the Trustee / AMC.
In the event of non compliance of KYC requirements, the Trustee/AMC reserves the rightto freeze the folio of the investor(s) and effect mandatory redemption of unit holdings ofthe investors at the applicable NAV, subject to payment of exit load, if any.
For further details, please refer Section 'Know Your Customer (KYC) Compliance underStatement of Additional Information available on our website www.hdfcfund.com.
38 HDFC Mutual Fund
CHECKLISTCHECKLISTCHECKLISTCHECKLISTCHECKLIST Please ensure that your Application Form is complete in all respect and signed by all applicants:
• Name, Address and Contact Details are mentioned in full. • Status of First/Sole Applicant is correctly indicated. • Bank Account Details are entered completely and correctly.• Permanent Account Number (PAN) of all Applicants is mentioned irrespective of the amount of purchase and proof attached (if not already validated). • Please attach proof of KYCCompliance status (if not already validated) • Appropriate Option is selected. If the Dividend Option is chosen, Dividend Payout or Re-investment is indicated. • If units are applied bymore than one applicant, Mode of Operation of account is indicated.
Your investment Cheque / DD is drawn in favour of 'the Specific Scheme A/c Pthe Specific Scheme A/c Pthe Specific Scheme A/c Pthe Specific Scheme A/c Pthe Specific Scheme A/c PA NA NA NA NA N' or 'the Specific Scheme A/c Invthe Specific Scheme A/c Invthe Specific Scheme A/c Invthe Specific Scheme A/c Invthe Specific Scheme A/c Investor Nameestor Nameestor Nameestor Nameestor Name' dated, signed and crossed ‘A/c Payee only’.Application Number / Folio No. is mentioned on the reverse of the Cheque/DD.
Documents as listed below are submitted along with the Application Form (as applicable to your specific case).
9. Account Debit Certificate in case payment is made byDD from NRE / FCNR A/c. where applicable
10. PAN Proof #
11. KYC Acknowledgement Letter / Print out ofKYC Compliance Status downloaded from CDSL Ventures Ltd.website (www.cvlindia.com) using PAN Number #
12. Proof of Date of Birth
13. Proof of Relationship with Guardian
All documents in 1 to 7 above should be originals or true copies certified by the Director / Trustee / Company Secretary / Authorised Signatory / Notary Public, as applicable.
* For FIIs, copy of SEBI registration certificate should be provided. # If PAN/KYC proof of Minor is not available, PAN/KYC proof of Guardian should be provided.
The details in our records under the folio number mentioned alongside will apply for this application.The details in our records under the folio number mentioned alongside will apply for this application.The details in our records under the folio number mentioned alongside will apply for this application.The details in our records under the folio number mentioned alongside will apply for this application.The details in our records under the folio number mentioned alongside will apply for this application.Folio No.
Continuing a tradition of trust.
Application FApplication FApplication FApplication FApplication Form for Equityorm for Equityorm for Equityorm for Equityorm for Equity, Balanced, MIP and ELSS Schemes, Balanced, MIP and ELSS Schemes, Balanced, MIP and ELSS Schemes, Balanced, MIP and ELSS Schemes, Balanced, MIP and ELSS SchemesHDFC GROWTH FUND • HDFC EQUITY FUND • HDFC TOP 200 FUND • HDFC CAPITAL BUILDER FUND • HDFC CORE & SATELLITE FUNDHDFC GROWTH FUND • HDFC EQUITY FUND • HDFC TOP 200 FUND • HDFC CAPITAL BUILDER FUND • HDFC CORE & SATELLITE FUNDHDFC GROWTH FUND • HDFC EQUITY FUND • HDFC TOP 200 FUND • HDFC CAPITAL BUILDER FUND • HDFC CORE & SATELLITE FUNDHDFC GROWTH FUND • HDFC EQUITY FUND • HDFC TOP 200 FUND • HDFC CAPITAL BUILDER FUND • HDFC CORE & SATELLITE FUNDHDFC GROWTH FUND • HDFC EQUITY FUND • HDFC TOP 200 FUND • HDFC CAPITAL BUILDER FUND • HDFC CORE & SATELLITE FUND • HDFC PREMIER MULTI-CAP FUND• HDFC PREMIER MULTI-CAP FUND• HDFC PREMIER MULTI-CAP FUND• HDFC PREMIER MULTI-CAP FUND• HDFC PREMIER MULTI-CAP FUND• HDFC • HDFC • HDFC • HDFC • HDFC MID-CAP OPPORTUNITIES MID-CAP OPPORTUNITIES MID-CAP OPPORTUNITIES MID-CAP OPPORTUNITIES MID-CAP OPPORTUNITIES FUNDFUNDFUNDFUNDFUND ••••• HDFC LONG TERM EQUITY FUND HDFC LONG TERM EQUITY FUND HDFC LONG TERM EQUITY FUND HDFC LONG TERM EQUITY FUND HDFC LONG TERM EQUITY FUND ••••• HDFC INFRASTRUCTURE FUND HDFC INFRASTRUCTURE FUND HDFC INFRASTRUCTURE FUND HDFC INFRASTRUCTURE FUND HDFC INFRASTRUCTURE FUND • HDFC ARBITRAGE FUND• HDFC ARBITRAGE FUND• HDFC ARBITRAGE FUND• HDFC ARBITRAGE FUND• HDFC ARBITRAGE FUND • HDFC BALANCED FUND• HDFC BALANCED FUND• HDFC BALANCED FUND• HDFC BALANCED FUND• HDFC BALANCED FUND• HDFC PRUDENCE FUND• HDFC PRUDENCE FUND• HDFC PRUDENCE FUND• HDFC PRUDENCE FUND• HDFC PRUDENCE FUND • HDFC LONG TERM ADVANTAGE FUND• HDFC LONG TERM ADVANTAGE FUND• HDFC LONG TERM ADVANTAGE FUND• HDFC LONG TERM ADVANTAGE FUND• HDFC LONG TERM ADVANTAGE FUND* * * * * • HDFC TAXSAVER*• HDFC TAXSAVER*• HDFC TAXSAVER*• HDFC TAXSAVER*• HDFC TAXSAVER* • HDFC INDEX FUND• HDFC INDEX FUND• HDFC INDEX FUND• HDFC INDEX FUND• HDFC INDEX FUND • HDFC MF MONTHLY INCOME PLAN• HDFC MF MONTHLY INCOME PLAN• HDFC MF MONTHLY INCOME PLAN• HDFC MF MONTHLY INCOME PLAN• HDFC MF MONTHLY INCOME PLAN######(open-ended income scheme. Monthly income is not assured and is subject to availability of distributable surplus)* (open -ended equity linked savings scheme with a lock-in period of 3 years)
Offer of Units At Applicable NAOffer of Units At Applicable NAOffer of Units At Applicable NAOffer of Units At Applicable NAOffer of Units At Applicable NAVVVVVInvInvInvInvInvestors must read the Kestors must read the Kestors must read the Kestors must read the Kestors must read the Keeeeey Information Memorandum and the instructions before completing this Fy Information Memorandum and the instructions before completing this Fy Information Memorandum and the instructions before completing this Fy Information Memorandum and the instructions before completing this Fy Information Memorandum and the instructions before completing this Form. orm. orm. orm. orm. The Application Form should be completed in English English English English English and in BLBLBLBLBLOCK LETTERS OCK LETTERS OCK LETTERS OCK LETTERS OCK LETTERS only.
CEQCEQCEQCEQCEQ
AAAAACKNOWLEDGEMENT SCKNOWLEDGEMENT SCKNOWLEDGEMENT SCKNOWLEDGEMENT SCKNOWLEDGEMENT SLIP LIP LIP LIP LIP ( T( T( T( T( To be f i l l ed i n bo be f i l l ed i n bo be f i l l ed i n bo be f i l l ed i n bo be f i l l ed i n by the I nvy the I nvy the I nvy the I nvy the I nves to r ) [ Fes to r ) [ Fes to r ) [ Fes to r ) [ Fes to r ) [ Fo r a no r a no r a no r a no r a ny que r i es p l ease con tac t ou r nea ry que r i es p l ease con tac t ou r nea ry que r i es p l ease con tac t ou r nea ry que r i es p l ease con tac t ou r nea ry que r i es p l ease con tac t ou r nea re s t I n ve s t I n ve s t I n ve s t I n ve s t I n ves to r Se rv i ce Cen t res to r Se rv i ce Cen t res to r Se rv i ce Cen t res to r Se rv i ce Cen t res to r Se rv i ce Cen t re o r ca l l us a t ou r Cus tomer Se rv i ce Number 60006767 o r 18002336767 (Te o r ca l l us a t ou r Cus tomer Se rv i ce Number 60006767 o r 18002336767 (Te o r ca l l us a t ou r Cus tomer Se rv i ce Number 60006767 o r 18002336767 (Te o r ca l l us a t ou r Cus tomer Se rv i ce Number 60006767 o r 18002336767 (Te o r ca l l us a t ou r Cus tomer Se rv i ce Number 60006767 o r 18002336767 (To l l Fo l l Fo l l Fo l l Fo l l Frrrrr e e ) ]e e ) ]e e ) ]e e ) ]e e ) ]
Date :
Received from Mr. / Ms. / M/s. _____________________________________________________________________________________
an application for Purchase of Units of Scheme/Plan Name _____________________________________________________________
alongwith Cheque / DD as detailed overleaf. P l e a s e N o t e :P l e a s e N o t e :P l e a s e N o t e :P l e a s e N o t e :P l e a s e N o t e : A l l Purchases a re sub jec t to rea l i sa t ion o f cheques / demand dra f t s .
ISC Stamp & Signature
HDFC MUTU HDFC MUTU HDFC MUTU HDFC MUTU HDFC MUTUAL FUND AL FUND AL FUND AL FUND AL FUND Head office : Ramon House, 3rd Floor, H.T. Parekh Marg, 169, Backbay Reclamation, Churchgate, Mumbai 400020
... continued overleaf... continued overleaf... continued overleaf... continued overleaf... continued overleaf
3b. POWER OF A3b. POWER OF A3b. POWER OF A3b. POWER OF A3b. POWER OF ATTTTTTTTTTORNEY (PORNEY (PORNEY (PORNEY (PORNEY (PoA) HOoA) HOoA) HOoA) HOoA) HOLDER DETLDER DETLDER DETLDER DETLDER DETAIAIAIAIAILSLSLSLSLS
P A N #P A N #P A N #P A N #P A N # # Refer instruction no. 14. ** Refer instruction No 16.# Refer instruction no. 14. ** Refer instruction No 16.# Refer instruction no. 14. ** Refer instruction No 16.# Refer instruction no. 14. ** Refer instruction No 16.# Refer instruction no. 14. ** Refer instruction No 16.
3a. UNIT HO3a. UNIT HO3a. UNIT HO3a. UNIT HO3a. UNIT HOLDER INFORMALDER INFORMALDER INFORMALDER INFORMALDER INFORMATION (rTION (rTION (rTION (rTION (refefefefefer instruction 4)er instruction 4)er instruction 4)er instruction 4)er instruction 4)
1. EXIS1. EXIS1. EXIS1. EXIS1. EXISTING UNIT HOTING UNIT HOTING UNIT HOTING UNIT HOTING UNIT HOLDER INFORMALDER INFORMALDER INFORMALDER INFORMALDER INFORMATIONTIONTIONTIONTION (If y(If y(If y(If y(If you haou haou haou haou havvvvve existing fe existing fe existing fe existing fe existing folio, please fill in section 1 and prolio, please fill in section 1 and prolio, please fill in section 1 and prolio, please fill in section 1 and prolio, please fill in section 1 and proceed to section oceed to section oceed to section oceed to section oceed to section 55555. Ref. Ref. Ref. Ref. Refer instruction 3).er instruction 3).er instruction 3).er instruction 3).er instruction 3).
Name and AMFI Reg. No. (ARN) Sub Agent’s name and Code/Bank Branch Code
M O Code
ARN-Upf ron t commiss ion sha l l be pa id d i rec t l y by the inves to r to the ARN Ho lde r (AMFI reg i s te red D i s t r i bu to r ) based on the inves to r s ’ assessment o f va r i ous fac to rs inc lud ing the se rv i ce rendered by the ARN Ho lde r .Up f ron t commiss ion sha l l be pa id d i rec t l y by the inves to r to the ARN Ho lde r (AMFI reg i s te red D i s t r i bu to r ) based on the inves to r s ’ assessment o f va r i ous fac to rs inc lud ing the se rv i ce rendered by the ARN Ho lde r .Up f ron t commiss ion sha l l be pa id d i rec t l y by the inves to r to the ARN Ho lde r (AMFI reg i s te red D i s t r i bu to r ) based on the inves to r s ’ assessment o f va r i ous fac to rs inc lud ing the se rv i ce rendered by the ARN Ho lde r .Up f ron t commiss ion sha l l be pa id d i rec t l y by the inves to r to the ARN Ho lde r (AMFI reg i s te red D i s t r i bu to r ) based on the inves to r s ’ assessment o f va r i ous fac to rs inc lud ing the se rv i ce rendered by the ARN Ho lde r .Up f ron t commiss ion sha l l be pa id d i rec t l y by the inves to r to the ARN Ho lde r (AMFI reg i s te red D i s t r i bu to r ) based on the inves to r s ’ assessment o f va r i ous fac to rs inc lud ing the se rv i ce rendered by the ARN Ho lde r .
Date of Receipt Folio No. Branch Trans. No. ISC Name & Stamp
FOR OFFICE USE ONFOR OFFICE USE ONFOR OFFICE USE ONFOR OFFICE USE ONFOR OFFICE USE ONLLLLLYYYYY
2.2.2.2.2.
Resident IndividualHUFMinor through guardianSociety / Club
MODE OF HOLDINGMODE OF HOLDINGMODE OF HOLDINGMODE OF HOLDINGMODE OF HOLDING[Please tick ([Please tick ([Please tick ([Please tick ([Please tick ()])])])])]
SSSSSTTTTTAAAAATUS TUS TUS TUS TUS (of First/Sole Applicant)[Please tick ([Please tick ([Please tick ([Please tick ([Please tick ()])])])])]
CONTACT DETAILS OF FIRST / SOLE APPLICANTCONTACT DETAILS OF FIRST / SOLE APPLICANTCONTACT DETAILS OF FIRST / SOLE APPLICANTCONTACT DETAILS OF FIRST / SOLE APPLICANTCONTACT DETAILS OF FIRST / SOLE APPLICANT STD Code
Telephone : Off. Res. Mobile
# Please attach Proof. If PAN/KYC is already validated please don’t attach any proof. Refer instruction No 14 for PAN and No 16 for KYC. @Mandatory in case of Minor.
OOOOOVERSEAS AVERSEAS AVERSEAS AVERSEAS AVERSEAS ADDRESS DDRESS DDRESS DDRESS DDRESS (Mandatory in case of NRIs /FIIs/PIOs) (P. O. Box Address may not be sufficient)
MAIMAIMAIMAIMAILING ALING ALING ALING ALING ADDRESS OF FIRSDDRESS OF FIRSDDRESS OF FIRSDDRESS OF FIRSDDRESS OF FIRST / SOT / SOT / SOT / SOT / SOLE APPLICLE APPLICLE APPLICLE APPLICLE APPLICANTANTANTANTANT (P.O. Box Address may not be sufficient)
CITY STATE PIN CODE
Mr. Ms. M/s.
NAME OF THE SECOND APPLICANT [Mandatory Please tick NAME OF THE SECOND APPLICANT [Mandatory Please tick NAME OF THE SECOND APPLICANT [Mandatory Please tick NAME OF THE SECOND APPLICANT [Mandatory Please tick NAME OF THE SECOND APPLICANT [Mandatory Please tick ()] ] ] ] ] Resident Individual NRI (Second Applicant not allowed in case of minor as first/sole applicant)
Mr. Ms. M/s.
NAME OF GUARDIAN NAME OF GUARDIAN NAME OF GUARDIAN NAME OF GUARDIAN NAME OF GUARDIAN (in case of First / Sole Applicant is a Minor) / NAME OF CONTACT PERSON – DESIGNATION NAME OF CONTACT PERSON – DESIGNATION NAME OF CONTACT PERSON – DESIGNATION NAME OF CONTACT PERSON – DESIGNATION NAME OF CONTACT PERSON – DESIGNATION (in case of non-individual Investors)
Nationality
Mr. Ms.
Contact No.Designation
P A N #P A N #P A N #P A N #P A N #
NAME OF FIRST / SOLE APPLICANTNAME OF FIRST / SOLE APPLICANTNAME OF FIRST / SOLE APPLICANTNAME OF FIRST / SOLE APPLICANTNAME OF FIRST / SOLE APPLICANT (In case of Minor, there shall be no joint holders)Mr. Ms. M/s.
Nationality P A N #P A N #P A N #P A N #P A N # [Please tick ([Please tick ([Please tick ([Please tick ([Please tick ( ) ]) ]) ]) ]) ] Proof Attached(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)
Nationality P A N #P A N #P A N #P A N #P A N #
Nationality P A N #P A N #P A N #P A N #P A N #
4. 4. 4. 4. 4. BANK ACCOUNT (PABANK ACCOUNT (PABANK ACCOUNT (PABANK ACCOUNT (PABANK ACCOUNT (PAY – OUT) DETY – OUT) DETY – OUT) DETY – OUT) DETY – OUT) DETAIAIAIAIAILS OF THE FIRSLS OF THE FIRSLS OF THE FIRSLS OF THE FIRSLS OF THE FIRST/ SOT/ SOT/ SOT/ SOT/ SOLE APPLICLE APPLICLE APPLICLE APPLICLE APPLICANTANTANTANTANT (refer instruction 5) Please note that as per SEBI Regulations it is mandatory for inv(refer instruction 5) Please note that as per SEBI Regulations it is mandatory for inv(refer instruction 5) Please note that as per SEBI Regulations it is mandatory for inv(refer instruction 5) Please note that as per SEBI Regulations it is mandatory for inv(refer instruction 5) Please note that as per SEBI Regulations it is mandatory for investors to proestors to proestors to proestors to proestors to provide their bank account detailsvide their bank account detailsvide their bank account detailsvide their bank account detailsvide their bank account details
Account No.
Branch
SAVINGS SAVINGS SAVINGS SAVINGS SAVINGS CURRENT CURRENT CURRENT CURRENT CURRENT NRE NRE NRE NRE NRE NRO NRO NRO NRO NRO FCNR FCNR FCNR FCNR FCNR OTHERS OTHERS OTHERS OTHERS OTHERS__________ (please specify)Account Type [Please tick ()]
IFSC Code***IFSC Code***IFSC Code***IFSC Code***IFSC Code****** Refer Instruction 5C (Mandatory for Credit via NEFT / RTGS) (11 Character code appearing on yourcheque leaf. If you do not find this on your cheque leaf, please check for the same with your bank)
The 9 digit MICR Code numberThe 9 digit MICR Code numberThe 9 digit MICR Code numberThe 9 digit MICR Code numberThe 9 digit MICR Code numberof my/our Bank & Branch is**of my/our Bank & Branch is**of my/our Bank & Branch is**of my/our Bank & Branch is**of my/our Bank & Branch is**
Fax E-mail
5. MODE OF P5. MODE OF P5. MODE OF P5. MODE OF P5. MODE OF PAAAAAYMENT OF REDEMPTION / DIVIDEND PROCEEDS VIA DIRECYMENT OF REDEMPTION / DIVIDEND PROCEEDS VIA DIRECYMENT OF REDEMPTION / DIVIDEND PROCEEDS VIA DIRECYMENT OF REDEMPTION / DIVIDEND PROCEEDS VIA DIRECYMENT OF REDEMPTION / DIVIDEND PROCEEDS VIA DIRECT CREDIT / NEFT / ECS (rT CREDIT / NEFT / ECS (rT CREDIT / NEFT / ECS (rT CREDIT / NEFT / ECS (rT CREDIT / NEFT / ECS (refefefefefer instruction 10) er instruction 10) er instruction 10) er instruction 10) er instruction 10) [Please tick ()]Unitholders will receive redemption/ dividend proceeds directly into their bank account (as furnished in Section 4) via Direct credit/ NEFT/ECS facility.I/We want to receive the redemption / dividend proceeds (if any) by way of a cheque/demand draft instead of direct credit/credit through NEFT system/credit through ECS into my/our bank account
HDFCMFHDFCMFHDFCMFHDFCMFHDFCMFOnlineOnlineOnlineOnlineOnline & HDFCMF& HDFCMF& HDFCMF& HDFCMF& HDFCMFMobileMobileMobileMobileMobile - I/ We would like to register for my/our HDFCMF Personal Identification Number (HPIN) to transact onlinei)i)i)i)i) Mandatory information to be provided:Mandatory information to be provided:Mandatory information to be provided:Mandatory information to be provided:Mandatory information to be provided:
a) Email address: a) Email address: a) Email address: a) Email address: a) Email address: ___________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________(if the address given herein is different from the email address under section 3(a), the email address under section 6(i) will be considered during registration for HPIN).b) Mother's maiden name: b) Mother's maiden name: b) Mother's maiden name: b) Mother's maiden name: b) Mother's maiden name: ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________I/ We have read and understood the terms and conditions and confirm that I/ we shall be bound by them (Terms & Conditions available in the eServices booklet as well as on our website)
ii)ii)ii)ii)ii) eDocs: Docs: Docs: Docs: Docs: I/ We wish to receive account statements, newsletters, annual reports and other statutory information documents by email in lieu of physical documents (Email address is mandatory).iii)iii)iii)iii)iii) eAlerts: Alerts: Alerts: Alerts: Alerts: I/ We would like to receive SMS updates (Mobile number in section 3(a) is mandatory).
(** Refer Instruction 10) (Mandatory for Dividend Payout via ECS) (The 9 digit codeappears on your cheque next to the cheque number)
Proof ofProof ofProof ofProof ofProof ofDate of Birth @Date of Birth @Date of Birth @Date of Birth @Date of Birth @
Relationship with MinorRelationship with MinorRelationship with MinorRelationship with MinorRelationship with Minor@@@@@ [Please tick ()]: Father Mother Court appointed Legal Guardian Proof of Proof of Proof of Proof of Proof of RRRRRelationship elationship elationship elationship elationship with Minor@ with Minor@ with Minor@ with Minor@ with Minor@ [Please t ick ([Please t ick ([Please t ick ([Please t ick ([Please t ick ( ) ]) ]) ]) ]) ] Attached
Mr. Ms. M/s.
NAME OF FIRST / SOLE APPLICANTNAME OF FIRST / SOLE APPLICANTNAME OF FIRST / SOLE APPLICANTNAME OF FIRST / SOLE APPLICANTNAME OF FIRST / SOLE APPLICANT Mr. Ms. M/s.
NAME OF PoANAME OF PoANAME OF PoANAME OF PoANAME OF PoA
K Y CK Y CK Y CK Y CK Y C#####
[Please tick ([Please tick ([Please tick ([Please tick ([Please tick () ]) ]) ]) ]) ] Proof Attached(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)K Y CK Y CK Y CK Y CK Y C
[Please tick ([Please tick ([Please tick ([Please tick ([Please tick () ]) ]) ]) ]) ] Proof Attached(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)K Y CK Y CK Y CK Y CK Y C #####
[Please tick ([Please tick ([Please tick ([Please tick ([Please tick () ]) ]) ]) ]) ] Proof Attached(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)K Y CK Y CK Y CK Y CK Y C #####
[Please tick ([Please tick ([Please tick ([Please tick ([Please tick () ]) ]) ]) ]) ] Proof Attached(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)
K Y CK Y CK Y CK Y CK Y C* ** ** ** ** *
DATE OF BIRTH@DATE OF BIRTH@DATE OF BIRTH@DATE OF BIRTH@DATE OF BIRTH@
NAME OF THE THIRD APPLICANT [Mandatory Please tick NAME OF THE THIRD APPLICANT [Mandatory Please tick NAME OF THE THIRD APPLICANT [Mandatory Please tick NAME OF THE THIRD APPLICANT [Mandatory Please tick NAME OF THE THIRD APPLICANT [Mandatory Please tick ()] ] ] ] ] Resident Individual NRI (Third Applicant not allowed in case of minor as first/sole applicant)
NON-INTENTION TNON-INTENTION TNON-INTENTION TNON-INTENTION TNON-INTENTION TO NOMINAO NOMINAO NOMINAO NOMINAO NOMINATE: TE: TE: TE: TE: (Mandatory f(Mandatory f(Mandatory f(Mandatory f(Mandatory for neor neor neor neor new fw fw fw fw folios of Individuals wherolios of Individuals wherolios of Individuals wherolios of Individuals wherolios of Individuals where mode of holding is single and who do not wish to nominate)e mode of holding is single and who do not wish to nominate)e mode of holding is single and who do not wish to nominate)e mode of holding is single and who do not wish to nominate)e mode of holding is single and who do not wish to nominate)
SIP Enrolment Form (For Investments through Post Dated Cheques)SIP Enrolment Form (For Investments through Auto Debit/ECS/Standing Instruction)STP Enrolment FormThird Party Payment Declaration FormMultiple Bank Account Registration Form
9. NOMINA9. NOMINA9. NOMINA9. NOMINA9. NOMINATION (rTION (rTION (rTION (rTION (refefefefefer instruction 13) (Mandatory fer instruction 13) (Mandatory fer instruction 13) (Mandatory fer instruction 13) (Mandatory fer instruction 13) (Mandatory for neor neor neor neor new fw fw fw fw folios of Individuals wherolios of Individuals wherolios of Individuals wherolios of Individuals wherolios of Individuals where mode of holding is single)e mode of holding is single)e mode of holding is single)e mode of holding is single)e mode of holding is single)
I/ We ___________________________________________________________________________________ , ______________________________________________________________________________ and
_________________________________________________________________________________ *do hereby nominate the person(s) more particularly described hereunder/ and*/ cancel the nomination
made by me/ us on the _____________ day of _________________________ in respect of the Units under Folio No. _____________________________ (* strike out which is not applicable)
Memorandum & Articles of Association Trust Deed Partnership Deed Resolution / Authorisation to invest PAN Proof Bye-Laws Power of Attorney Certificate of Incorporation LLP Agreement List of Authorised Signatories with Specimen Signature(s)
I / We have read and understood the terms and contents of the Document(s) of the respective Scheme(s)and Statement of Additional Information of HDFC Mutual Fund. I / We hereby apply to the Trustee ofHDFC Mutual Fund for allotment of Units of the Scheme(s) of HDFC Mutual Fund, as indicated aboveand agree to abide by the terms, conditions, rules and regulations of the relevant Scheme(s). I / We haveunderstood the details of the Scheme(s) and I / we have not received nor been induced by any rebateor gifts, directly or indirectly, in making this investment. T T T T The ARN holder (AMFI registered Distributor)he ARN holder (AMFI registered Distributor)he ARN holder (AMFI registered Distributor)he ARN holder (AMFI registered Distributor)he ARN holder (AMFI registered Distributor)has disclosed to me/us all the commissions (in the form of trail commission or any other mode),has disclosed to me/us all the commissions (in the form of trail commission or any other mode),has disclosed to me/us all the commissions (in the form of trail commission or any other mode),has disclosed to me/us all the commissions (in the form of trail commission or any other mode),has disclosed to me/us all the commissions (in the form of trail commission or any other mode),payable to him/them for the different competing Schemes of various Mutual Funds from amongstpayable to him/them for the different competing Schemes of various Mutual Funds from amongstpayable to him/them for the different competing Schemes of various Mutual Funds from amongstpayable to him/them for the different competing Schemes of various Mutual Funds from amongstpayable to him/them for the different competing Schemes of various Mutual Funds from amongstwhich the Scheme is being recommended to me/us. which the Scheme is being recommended to me/us. which the Scheme is being recommended to me/us. which the Scheme is being recommended to me/us. which the Scheme is being recommended to me/us. I/We hereby declare that I/We am/are authorisedto make this investment and that the amount invested in the Scheme is through legitimate sourcesonly and does not involve and is not designed for the purpose of any contravention or evasion of anyAct, Rules, Regulations, Notifications or Directions issued by any regulatory authority in India. I/Wedeclare that the information given in this application form is correct, complete and truly stated.
I / We confirm that I am / We are Non-Resident of Indian Nationality / Origin and I / We hereby confirmthat the funds for subscription have been remitted from abroad through normal banking channels orfrom funds in my / our Non-Resident External / Ordinary Account / FCNR Account.
Please ( )If Yes, ( )
Yes No Repatriation basis Non-repatriation basis
D D M M Y Y Y Y
Applicable to NRIs only :Applicable to NRIs only :Applicable to NRIs only :Applicable to NRIs only :Applicable to NRIs only :
7. INVES7. INVES7. INVES7. INVES7. INVESTMENT DETTMENT DETTMENT DETTMENT DETTMENT DETAIAIAIAIAILS LS LS LS LS (r( r( r( r( re fe fe fe fe fer instruction 2 & 6 )er instruction 2 & 6 )er instruction 2 & 6 )er instruction 2 & 6 )er instruction 2 & 6 )
8. P8. P8. P8. P8. PAAAAAYMENT DETYMENT DETYMENT DETYMENT DETYMENT DETAIAIAIAIAILS LS LS LS LS (r(r(r(r(refefefefefer instruction 7 & 8) (Please write Aer instruction 7 & 8) (Please write Aer instruction 7 & 8) (Please write Aer instruction 7 & 8) (Please write Aer instruction 7 & 8) (Please write Application Fpplication Fpplication Fpplication Fpplication Form No. / Form No. / Form No. / Form No. / Form No. / Folio No. on the rolio No. on the rolio No. on the rolio No. on the rolio No. on the reeeeevvvvverererererse of the Cheque / Demand Drse of the Cheque / Demand Drse of the Cheque / Demand Drse of the Cheque / Demand Drse of the Cheque / Demand Draft.) Please attach a separaft.) Please attach a separaft.) Please attach a separaft.) Please attach a separaft.) Please attach a separate Cheque/ Demand Drate Cheque/ Demand Drate Cheque/ Demand Drate Cheque/ Demand Drate Cheque/ Demand Draft faft faft faft faft for each Scheme. Please writeor each Scheme. Please writeor each Scheme. Please writeor each Scheme. Please writeor each Scheme. Please write Cheque/DD in favour of 'the Specific Scheme A/c PAN' or 'the Specific Scheme A/c Investor Name'. Cheque/DD in favour of 'the Specific Scheme A/c PAN' or 'the Specific Scheme A/c Investor Name'. Cheque/DD in favour of 'the Specific Scheme A/c PAN' or 'the Specific Scheme A/c Investor Name'. Cheque/DD in favour of 'the Specific Scheme A/c PAN' or 'the Specific Scheme A/c Investor Name'. Cheque/DD in favour of 'the Specific Scheme A/c PAN' or 'the Specific Scheme A/c Investor Name'.
Please write Application Form No. / Folio No. on the reverse ofPlease write Application Form No. / Folio No. on the reverse ofPlease write Application Form No. / Folio No. on the reverse ofPlease write Application Form No. / Folio No. on the reverse ofPlease write Application Form No. / Folio No. on the reverse ofthe Cheque / Demand Draft.the Cheque / Demand Draft.the Cheque / Demand Draft.the Cheque / Demand Draft.the Cheque / Demand Draft.
First / Sole
Applicant /
Guardian
Second
Applicant
Third
Applicant
SIG
NA
SIG
NA
SIG
NA
SIG
NA
SIG
NA T
URE
(S)
TURE
(S)
TURE
(S)
TURE
(S)
TURE
(S)
[Please ( )] I/We hereby confirm that I/We do not wish to exercise the right of nomination in respect of units subscribed/purchased by me/us.
First /Sole Applicant Second Applicant Third Applicant
Name of theScheme / Plan
Option /Sub-option
Payout Option} Refer Instruction No. 2
Nominee 1Nominee 1Nominee 1Nominee 1Nominee 1
Nominee 2Nominee 2Nominee 2Nominee 2Nominee 2
Nominee 3Nominee 3Nominee 3Nominee 3Nominee 3
(to be furnished in case the Nominee is a minor)
SIGN
ATU
RE(S
)
OROROROROR
The details in our records under the folio number mentioned alongside will apply for this application.The details in our records under the folio number mentioned alongside will apply for this application.The details in our records under the folio number mentioned alongside will apply for this application.The details in our records under the folio number mentioned alongside will apply for this application.The details in our records under the folio number mentioned alongside will apply for this application.Folio No.
Continuing a tradition of trust.
Application FApplication FApplication FApplication FApplication Form for Equityorm for Equityorm for Equityorm for Equityorm for Equity, Balanced, MIP and ELSS Schemes, Balanced, MIP and ELSS Schemes, Balanced, MIP and ELSS Schemes, Balanced, MIP and ELSS Schemes, Balanced, MIP and ELSS SchemesHDFC GROWTH FUND • HDFC EQUITY FUND • HDFC TOP 200 FUND • HDFC CAPITAL BUILDER FUND • HDFC CORE & SATELLITE FUNDHDFC GROWTH FUND • HDFC EQUITY FUND • HDFC TOP 200 FUND • HDFC CAPITAL BUILDER FUND • HDFC CORE & SATELLITE FUNDHDFC GROWTH FUND • HDFC EQUITY FUND • HDFC TOP 200 FUND • HDFC CAPITAL BUILDER FUND • HDFC CORE & SATELLITE FUNDHDFC GROWTH FUND • HDFC EQUITY FUND • HDFC TOP 200 FUND • HDFC CAPITAL BUILDER FUND • HDFC CORE & SATELLITE FUNDHDFC GROWTH FUND • HDFC EQUITY FUND • HDFC TOP 200 FUND • HDFC CAPITAL BUILDER FUND • HDFC CORE & SATELLITE FUND • HDFC PREMIER MULTI-CAP FUND• HDFC PREMIER MULTI-CAP FUND• HDFC PREMIER MULTI-CAP FUND• HDFC PREMIER MULTI-CAP FUND• HDFC PREMIER MULTI-CAP FUND• HDFC • HDFC • HDFC • HDFC • HDFC MID-CAP OPPORTUNITIES MID-CAP OPPORTUNITIES MID-CAP OPPORTUNITIES MID-CAP OPPORTUNITIES MID-CAP OPPORTUNITIES FUNDFUNDFUNDFUNDFUND ••••• HDFC LONG TERM EQUITY FUND HDFC LONG TERM EQUITY FUND HDFC LONG TERM EQUITY FUND HDFC LONG TERM EQUITY FUND HDFC LONG TERM EQUITY FUND ••••• HDFC INFRASTRUCTURE FUND HDFC INFRASTRUCTURE FUND HDFC INFRASTRUCTURE FUND HDFC INFRASTRUCTURE FUND HDFC INFRASTRUCTURE FUND • HDFC ARBITRAGE FUND• HDFC ARBITRAGE FUND• HDFC ARBITRAGE FUND• HDFC ARBITRAGE FUND• HDFC ARBITRAGE FUND • HDFC BALANCED FUND• HDFC BALANCED FUND• HDFC BALANCED FUND• HDFC BALANCED FUND• HDFC BALANCED FUND• HDFC PRUDENCE FUND• HDFC PRUDENCE FUND• HDFC PRUDENCE FUND• HDFC PRUDENCE FUND• HDFC PRUDENCE FUND • HDFC LONG TERM ADVANTAGE FUND• HDFC LONG TERM ADVANTAGE FUND• HDFC LONG TERM ADVANTAGE FUND• HDFC LONG TERM ADVANTAGE FUND• HDFC LONG TERM ADVANTAGE FUND* * * * * • HDFC TAXSAVER*• HDFC TAXSAVER*• HDFC TAXSAVER*• HDFC TAXSAVER*• HDFC TAXSAVER* • HDFC INDEX FUND• HDFC INDEX FUND• HDFC INDEX FUND• HDFC INDEX FUND• HDFC INDEX FUND • HDFC MF MONTHLY INCOME PLAN• HDFC MF MONTHLY INCOME PLAN• HDFC MF MONTHLY INCOME PLAN• HDFC MF MONTHLY INCOME PLAN• HDFC MF MONTHLY INCOME PLAN######(open-ended income scheme. Monthly income is not assured and is subject to availability of distributable surplus)* (open -ended equity linked savings scheme with a lock-in period of 3 years)
Offer of Units At Applicable NAOffer of Units At Applicable NAOffer of Units At Applicable NAOffer of Units At Applicable NAOffer of Units At Applicable NAVVVVVInvInvInvInvInvestors must read the Kestors must read the Kestors must read the Kestors must read the Kestors must read the Keeeeey Information Memorandum and the instructions before completing this Fy Information Memorandum and the instructions before completing this Fy Information Memorandum and the instructions before completing this Fy Information Memorandum and the instructions before completing this Fy Information Memorandum and the instructions before completing this Form. orm. orm. orm. orm. The Application Form should be completed in English English English English English and in BLBLBLBLBLOCK LETTERS OCK LETTERS OCK LETTERS OCK LETTERS OCK LETTERS only.
CEQCEQCEQCEQCEQ
AAAAACKNOWLEDGEMENT SCKNOWLEDGEMENT SCKNOWLEDGEMENT SCKNOWLEDGEMENT SCKNOWLEDGEMENT SLIP LIP LIP LIP LIP ( T( T( T( T( To be f i l l ed i n bo be f i l l ed i n bo be f i l l ed i n bo be f i l l ed i n bo be f i l l ed i n by the I nvy the I nvy the I nvy the I nvy the I nves to r ) [ Fes to r ) [ Fes to r ) [ Fes to r ) [ Fes to r ) [ Fo r a no r a no r a no r a no r a ny que r i es p l ease con tac t ou r nea ry que r i es p l ease con tac t ou r nea ry que r i es p l ease con tac t ou r nea ry que r i es p l ease con tac t ou r nea ry que r i es p l ease con tac t ou r nea re s t I n ve s t I n ve s t I n ve s t I n ve s t I n ves to r Se rv i ce Cen t res to r Se rv i ce Cen t res to r Se rv i ce Cen t res to r Se rv i ce Cen t res to r Se rv i ce Cen t re o r ca l l us a t ou r Cus tomer Se rv i ce Number 60006767 o r 18002336767 (Te o r ca l l us a t ou r Cus tomer Se rv i ce Number 60006767 o r 18002336767 (Te o r ca l l us a t ou r Cus tomer Se rv i ce Number 60006767 o r 18002336767 (Te o r ca l l us a t ou r Cus tomer Se rv i ce Number 60006767 o r 18002336767 (Te o r ca l l us a t ou r Cus tomer Se rv i ce Number 60006767 o r 18002336767 (To l l Fo l l Fo l l Fo l l Fo l l Frrrrr e e ) ]e e ) ]e e ) ]e e ) ]e e ) ]
Date :
Received from Mr. / Ms. / M/s. _____________________________________________________________________________________
an application for Purchase of Units of Scheme/Plan Name _____________________________________________________________
alongwith Cheque / DD as detailed overleaf. P l e a s e N o t e :P l e a s e N o t e :P l e a s e N o t e :P l e a s e N o t e :P l e a s e N o t e : A l l Purchases a re sub jec t to rea l i sa t ion o f cheques / demand dra f t s .
ISC Stamp & Signature
HDFC MUTU HDFC MUTU HDFC MUTU HDFC MUTU HDFC MUTUAL FUND AL FUND AL FUND AL FUND AL FUND Head office : Ramon House, 3rd Floor, H.T. Parekh Marg, 169, Backbay Reclamation, Churchgate, Mumbai 400020
... continued overleaf... continued overleaf... continued overleaf... continued overleaf... continued overleaf
3b. POWER OF A3b. POWER OF A3b. POWER OF A3b. POWER OF A3b. POWER OF ATTTTTTTTTTORNEY (PORNEY (PORNEY (PORNEY (PORNEY (PoA) HOoA) HOoA) HOoA) HOoA) HOLDER DETLDER DETLDER DETLDER DETLDER DETAIAIAIAIAILSLSLSLSLS
P A N #P A N #P A N #P A N #P A N # # Refer instruction no. 14. ** Refer instruction No 16.# Refer instruction no. 14. ** Refer instruction No 16.# Refer instruction no. 14. ** Refer instruction No 16.# Refer instruction no. 14. ** Refer instruction No 16.# Refer instruction no. 14. ** Refer instruction No 16.
3a. UNIT HO3a. UNIT HO3a. UNIT HO3a. UNIT HO3a. UNIT HOLDER INFORMALDER INFORMALDER INFORMALDER INFORMALDER INFORMATION (rTION (rTION (rTION (rTION (refefefefefer instruction 4)er instruction 4)er instruction 4)er instruction 4)er instruction 4)
1. EXIS1. EXIS1. EXIS1. EXIS1. EXISTING UNIT HOTING UNIT HOTING UNIT HOTING UNIT HOTING UNIT HOLDER INFORMALDER INFORMALDER INFORMALDER INFORMALDER INFORMATIONTIONTIONTIONTION (If y(If y(If y(If y(If you haou haou haou haou havvvvve existing fe existing fe existing fe existing fe existing folio, please fill in section 1 and prolio, please fill in section 1 and prolio, please fill in section 1 and prolio, please fill in section 1 and prolio, please fill in section 1 and proceed to section oceed to section oceed to section oceed to section oceed to section 55555. Ref. Ref. Ref. Ref. Refer instruction 3).er instruction 3).er instruction 3).er instruction 3).er instruction 3).
Name and AMFI Reg. No. (ARN) Sub Agent’s name and Code/Bank Branch Code
M O Code
ARN-ARN-ARN-ARN-ARN-Upf ron t commiss ion sha l l be pa id d i rec t l y by the inves to r to the ARN Ho lde r (AMFI reg i s te red D i s t r i bu to r ) based on the inves to r s ’ assessment o f va r i ous fac to rs inc lud ing the se rv i ce rendered by the ARN Ho lde r .Up f ron t commiss ion sha l l be pa id d i rec t l y by the inves to r to the ARN Ho lde r (AMFI reg i s te red D i s t r i bu to r ) based on the inves to r s ’ assessment o f va r i ous fac to rs inc lud ing the se rv i ce rendered by the ARN Ho lde r .Up f ron t commiss ion sha l l be pa id d i rec t l y by the inves to r to the ARN Ho lde r (AMFI reg i s te red D i s t r i bu to r ) based on the inves to r s ’ assessment o f va r i ous fac to rs inc lud ing the se rv i ce rendered by the ARN Ho lde r .Up f ron t commiss ion sha l l be pa id d i rec t l y by the inves to r to the ARN Ho lde r (AMFI reg i s te red D i s t r i bu to r ) based on the inves to r s ’ assessment o f va r i ous fac to rs inc lud ing the se rv i ce rendered by the ARN Ho lde r .Up f ron t commiss ion sha l l be pa id d i rec t l y by the inves to r to the ARN Ho lde r (AMFI reg i s te red D i s t r i bu to r ) based on the inves to r s ’ assessment o f va r i ous fac to rs inc lud ing the se rv i ce rendered by the ARN Ho lde r .
Date of Receipt Folio No. Branch Trans. No. ISC Name & Stamp
FOR OFFICE USE ONFOR OFFICE USE ONFOR OFFICE USE ONFOR OFFICE USE ONFOR OFFICE USE ONLLLLLYYYYY
2.2.2.2.2.
Resident IndividualHUFMinor through guardianSociety / Club
MODE OF HOLDINGMODE OF HOLDINGMODE OF HOLDINGMODE OF HOLDINGMODE OF HOLDING[Please tick ([Please tick ([Please tick ([Please tick ([Please tick ()])])])])]
SSSSSTTTTTAAAAATUS TUS TUS TUS TUS (of First/Sole Applicant)[Please tick ([Please tick ([Please tick ([Please tick ([Please tick ()])])])])]
CONTACT DETAILS OF FIRST / SOLE APPLICANTCONTACT DETAILS OF FIRST / SOLE APPLICANTCONTACT DETAILS OF FIRST / SOLE APPLICANTCONTACT DETAILS OF FIRST / SOLE APPLICANTCONTACT DETAILS OF FIRST / SOLE APPLICANT STD Code
Telephone : Off. Res. Mobile
# Please attach Proof. If PAN/KYC is already validated please don’t attach any proof. Refer instruction No 14 for PAN and No 16 for KYC. @Mandatory in case of Minor.
OOOOOVERSEAS AVERSEAS AVERSEAS AVERSEAS AVERSEAS ADDRESS DDRESS DDRESS DDRESS DDRESS (Mandatory in case of NRIs /FIIs/PIOs) (P. O. Box Address may not be sufficient)
MAIMAIMAIMAIMAILING ALING ALING ALING ALING ADDRESS OF FIRSDDRESS OF FIRSDDRESS OF FIRSDDRESS OF FIRSDDRESS OF FIRST / SOT / SOT / SOT / SOT / SOLE APPLICLE APPLICLE APPLICLE APPLICLE APPLICANTANTANTANTANT (P.O. Box Address may not be sufficient)
CITY STATE PIN CODE
Mr. Ms. M/s.
NAME OF THE SECOND APPLICANT [Mandatory Please tick NAME OF THE SECOND APPLICANT [Mandatory Please tick NAME OF THE SECOND APPLICANT [Mandatory Please tick NAME OF THE SECOND APPLICANT [Mandatory Please tick NAME OF THE SECOND APPLICANT [Mandatory Please tick ()] ] ] ] ] Resident Individual NRI (Second Applicant not allowed in case of minor as first/sole applicant)
Mr. Ms. M/s.
NAME OF GUARDIAN NAME OF GUARDIAN NAME OF GUARDIAN NAME OF GUARDIAN NAME OF GUARDIAN (in case of First / Sole Applicant is a Minor) / NAME OF CONTACT PERSON – DESIGNATION NAME OF CONTACT PERSON – DESIGNATION NAME OF CONTACT PERSON – DESIGNATION NAME OF CONTACT PERSON – DESIGNATION NAME OF CONTACT PERSON – DESIGNATION (in case of non-individual Investors)
Nationality
Mr. Ms.
Contact No.Designation
P A N #P A N #P A N #P A N #P A N #
NAME OF FIRST / SOLE APPLICANTNAME OF FIRST / SOLE APPLICANTNAME OF FIRST / SOLE APPLICANTNAME OF FIRST / SOLE APPLICANTNAME OF FIRST / SOLE APPLICANT (In case of Minor, there shall be no joint holders)Mr. Ms. M/s.
Nationality P A N #P A N #P A N #P A N #P A N # [Please tick ([Please tick ([Please tick ([Please tick ([Please tick ( ) ]) ]) ]) ]) ] Proof Attached(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)
Nationality P A N #P A N #P A N #P A N #P A N #
Nationality P A N #P A N #P A N #P A N #P A N #
4. 4. 4. 4. 4. BANK ACCOUNT (PABANK ACCOUNT (PABANK ACCOUNT (PABANK ACCOUNT (PABANK ACCOUNT (PAY – OUT) DETY – OUT) DETY – OUT) DETY – OUT) DETY – OUT) DETAIAIAIAIAILS OF THE FIRSLS OF THE FIRSLS OF THE FIRSLS OF THE FIRSLS OF THE FIRST/ SOT/ SOT/ SOT/ SOT/ SOLE APPLICLE APPLICLE APPLICLE APPLICLE APPLICANTANTANTANTANT (refer instruction 5) Please note that as per SEBI Regulations it is mandatory for inv(refer instruction 5) Please note that as per SEBI Regulations it is mandatory for inv(refer instruction 5) Please note that as per SEBI Regulations it is mandatory for inv(refer instruction 5) Please note that as per SEBI Regulations it is mandatory for inv(refer instruction 5) Please note that as per SEBI Regulations it is mandatory for investors to proestors to proestors to proestors to proestors to provide their bank account detailsvide their bank account detailsvide their bank account detailsvide their bank account detailsvide their bank account details
Account No.
Branch
SAVINGS SAVINGS SAVINGS SAVINGS SAVINGS CURRENT CURRENT CURRENT CURRENT CURRENT NRE NRE NRE NRE NRE NRO NRO NRO NRO NRO FCNR FCNR FCNR FCNR FCNR OTHERS OTHERS OTHERS OTHERS OTHERS__________ (please specify)Account Type [Please tick ()]
IFSC Code***IFSC Code***IFSC Code***IFSC Code***IFSC Code****** Refer Instruction 5C (Mandatory for Credit via NEFT / RTGS) (11 Character code appearing on yourcheque leaf. If you do not find this on your cheque leaf, please check for the same with your bank)
The 9 digit MICR Code numberThe 9 digit MICR Code numberThe 9 digit MICR Code numberThe 9 digit MICR Code numberThe 9 digit MICR Code numberof my/our Bank & Branch is**of my/our Bank & Branch is**of my/our Bank & Branch is**of my/our Bank & Branch is**of my/our Bank & Branch is**
Fax E-mail
5. MODE OF P5. MODE OF P5. MODE OF P5. MODE OF P5. MODE OF PAAAAAYMENT OF REDEMPTION / DIVIDEND PROCEEDS VIA DIRECYMENT OF REDEMPTION / DIVIDEND PROCEEDS VIA DIRECYMENT OF REDEMPTION / DIVIDEND PROCEEDS VIA DIRECYMENT OF REDEMPTION / DIVIDEND PROCEEDS VIA DIRECYMENT OF REDEMPTION / DIVIDEND PROCEEDS VIA DIRECT CREDIT / NEFT / ECS (rT CREDIT / NEFT / ECS (rT CREDIT / NEFT / ECS (rT CREDIT / NEFT / ECS (rT CREDIT / NEFT / ECS (refefefefefer instruction 10) er instruction 10) er instruction 10) er instruction 10) er instruction 10) [Please tick ()]Unitholders will receive redemption/ dividend proceeds directly into their bank account (as furnished in Section 4) via Direct credit/ NEFT/ECS facility.I/We want to receive the redemption / dividend proceeds (if any) by way of a cheque/demand draft instead of direct credit/credit through NEFT system/credit through ECS into my/our bank account
HDFCMFHDFCMFHDFCMFHDFCMFHDFCMFOnlineOnlineOnlineOnlineOnline & HDFCMF& HDFCMF& HDFCMF& HDFCMF& HDFCMFMobileMobileMobileMobileMobile - I/ We would like to register for my/our HDFCMF Personal Identification Number (HPIN) to transact onlinei)i)i)i)i) Mandatory information to be provided:Mandatory information to be provided:Mandatory information to be provided:Mandatory information to be provided:Mandatory information to be provided:
a) Email address: a) Email address: a) Email address: a) Email address: a) Email address: ___________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________(if the address given herein is different from the email address under section 3(a), the email address under section 6(i) will be considered during registration for HPIN).b) Mother's maiden name: b) Mother's maiden name: b) Mother's maiden name: b) Mother's maiden name: b) Mother's maiden name: ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________I/ We have read and understood the terms and conditions and confirm that I/ we shall be bound by them (Terms & Conditions available in the eServices booklet as well as on our website)
ii)ii)ii)ii)ii) eDocs: Docs: Docs: Docs: Docs: I/ We wish to receive account statements, newsletters, annual reports and other statutory information documents by email in lieu of physical documents (Email address is mandatory).iii)iii)iii)iii)iii) eAlerts: Alerts: Alerts: Alerts: Alerts: I/ We would like to receive SMS updates (Mobile number in section 3(a) is mandatory).
(** Refer Instruction 10) (Mandatory for Dividend Payout via ECS) (The 9 digit codeappears on your cheque next to the cheque number)
Proof ofProof ofProof ofProof ofProof ofDate of Birth @Date of Birth @Date of Birth @Date of Birth @Date of Birth @
Relationship with MinorRelationship with MinorRelationship with MinorRelationship with MinorRelationship with Minor@@@@@ [Please tick ()]: Father Mother Court appointed Legal Guardian Proof of Proof of Proof of Proof of Proof of RRRRRelationship elationship elationship elationship elationship with Minor@ with Minor@ with Minor@ with Minor@ with Minor@ [Please t ick ([Please t ick ([Please t ick ([Please t ick ([Please t ick ( ) ]) ]) ]) ]) ] Attached
Mr. Ms. M/s.
NAME OF FIRST / SOLE APPLICANTNAME OF FIRST / SOLE APPLICANTNAME OF FIRST / SOLE APPLICANTNAME OF FIRST / SOLE APPLICANTNAME OF FIRST / SOLE APPLICANT Mr. Ms. M/s.
NAME OF PoANAME OF PoANAME OF PoANAME OF PoANAME OF PoA
K Y CK Y CK Y CK Y CK Y C#####
[Please tick ([Please tick ([Please tick ([Please tick ([Please tick () ]) ]) ]) ]) ] Proof Attached(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)K Y CK Y CK Y CK Y CK Y C
[Please tick ([Please tick ([Please tick ([Please tick ([Please tick () ]) ]) ]) ]) ] Proof Attached(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)K Y CK Y CK Y CK Y CK Y C #####
[Please tick ([Please tick ([Please tick ([Please tick ([Please tick () ]) ]) ]) ]) ] Proof Attached(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)K Y CK Y CK Y CK Y CK Y C #####
[Please tick ([Please tick ([Please tick ([Please tick ([Please tick () ]) ]) ]) ]) ] Proof Attached(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)
K Y CK Y CK Y CK Y CK Y C* ** ** ** ** *
DATE OF BIRTH@DATE OF BIRTH@DATE OF BIRTH@DATE OF BIRTH@DATE OF BIRTH@
NAME OF THE THIRD APPLICANT [Mandatory Please tick NAME OF THE THIRD APPLICANT [Mandatory Please tick NAME OF THE THIRD APPLICANT [Mandatory Please tick NAME OF THE THIRD APPLICANT [Mandatory Please tick NAME OF THE THIRD APPLICANT [Mandatory Please tick ()] ] ] ] ] Resident Individual NRI (Third Applicant not allowed in case of minor as first/sole applicant)
NON-INTENTION TNON-INTENTION TNON-INTENTION TNON-INTENTION TNON-INTENTION TO NOMINAO NOMINAO NOMINAO NOMINAO NOMINATE: TE: TE: TE: TE: (Mandatory f(Mandatory f(Mandatory f(Mandatory f(Mandatory for neor neor neor neor new fw fw fw fw folios of Individuals wherolios of Individuals wherolios of Individuals wherolios of Individuals wherolios of Individuals where mode of holding is single and who do not wish to nominate)e mode of holding is single and who do not wish to nominate)e mode of holding is single and who do not wish to nominate)e mode of holding is single and who do not wish to nominate)e mode of holding is single and who do not wish to nominate)
SIP Enrolment Form (For Investments through Post Dated Cheques)SIP Enrolment Form (For Investments through Auto Debit/ECS/Standing Instruction)STP Enrolment FormThird Party Payment Declaration FormMultiple Bank Account Registration Form
9. NOMINA9. NOMINA9. NOMINA9. NOMINA9. NOMINATION (rTION (rTION (rTION (rTION (refefefefefer instruction 13) (Mandatory fer instruction 13) (Mandatory fer instruction 13) (Mandatory fer instruction 13) (Mandatory fer instruction 13) (Mandatory for neor neor neor neor new fw fw fw fw folios of Individuals wherolios of Individuals wherolios of Individuals wherolios of Individuals wherolios of Individuals where mode of holding is single)e mode of holding is single)e mode of holding is single)e mode of holding is single)e mode of holding is single)
I/ We ___________________________________________________________________________________ , ______________________________________________________________________________ and
_________________________________________________________________________________ *do hereby nominate the person(s) more particularly described hereunder/ and*/ cancel the nomination
made by me/ us on the _____________ day of _________________________ in respect of the Units under Folio No. _____________________________ (* strike out which is not applicable)
Memorandum & Articles of Association Trust Deed Partnership Deed Resolution / Authorisation to invest PAN Proof Bye-Laws Power of Attorney Certificate of Incorporation LLP Agreement List of Authorised Signatories with Specimen Signature(s)
I / We have read and understood the terms and contents of the Document(s) of the respective Scheme(s)and Statement of Additional Information of HDFC Mutual Fund. I / We hereby apply to the Trustee ofHDFC Mutual Fund for allotment of Units of the Scheme(s) of HDFC Mutual Fund, as indicated aboveand agree to abide by the terms, conditions, rules and regulations of the relevant Scheme(s). I / We haveunderstood the details of the Scheme(s) and I / we have not received nor been induced by any rebateor gifts, directly or indirectly, in making this investment. T T T T The ARN holder (AMFI registered Distributor)he ARN holder (AMFI registered Distributor)he ARN holder (AMFI registered Distributor)he ARN holder (AMFI registered Distributor)he ARN holder (AMFI registered Distributor)has disclosed to me/us all the commissions (in the form of trail commission or any other mode),has disclosed to me/us all the commissions (in the form of trail commission or any other mode),has disclosed to me/us all the commissions (in the form of trail commission or any other mode),has disclosed to me/us all the commissions (in the form of trail commission or any other mode),has disclosed to me/us all the commissions (in the form of trail commission or any other mode),payable to him/them for the different competing Schemes of various Mutual Funds from amongstpayable to him/them for the different competing Schemes of various Mutual Funds from amongstpayable to him/them for the different competing Schemes of various Mutual Funds from amongstpayable to him/them for the different competing Schemes of various Mutual Funds from amongstpayable to him/them for the different competing Schemes of various Mutual Funds from amongstwhich the Scheme is being recommended to me/us. which the Scheme is being recommended to me/us. which the Scheme is being recommended to me/us. which the Scheme is being recommended to me/us. which the Scheme is being recommended to me/us. I/We hereby declare that I/We am/are authorisedto make this investment and that the amount invested in the Scheme is through legitimate sourcesonly and does not involve and is not designed for the purpose of any contravention or evasion of anyAct, Rules, Regulations, Notifications or Directions issued by any regulatory authority in India. I/Wedeclare that the information given in this application form is correct, complete and truly stated.
I / We confirm that I am / We are Non-Resident of Indian Nationality / Origin and I / We hereby confirmthat the funds for subscription have been remitted from abroad through normal banking channels orfrom funds in my / our Non-Resident External / Ordinary Account / FCNR Account.
Please ( )If Yes, ( )
Yes No Repatriation basis Non-repatriation basis
D D M M Y Y Y Y
Applicable to NRIs only :Applicable to NRIs only :Applicable to NRIs only :Applicable to NRIs only :Applicable to NRIs only :
7. INVES7. INVES7. INVES7. INVES7. INVESTMENT DETTMENT DETTMENT DETTMENT DETTMENT DETAIAIAIAIAILS LS LS LS LS (r( r( r( r( re fe fe fe fe fer instruction 2 & 6 )er instruction 2 & 6 )er instruction 2 & 6 )er instruction 2 & 6 )er instruction 2 & 6 )
8. P8. P8. P8. P8. PAAAAAYMENT DETYMENT DETYMENT DETYMENT DETYMENT DETAIAIAIAIAILS LS LS LS LS (r(r(r(r(refefefefefer instruction 7 & 8) (Please write Aer instruction 7 & 8) (Please write Aer instruction 7 & 8) (Please write Aer instruction 7 & 8) (Please write Aer instruction 7 & 8) (Please write Application Fpplication Fpplication Fpplication Fpplication Form No. / Form No. / Form No. / Form No. / Form No. / Folio No. on the rolio No. on the rolio No. on the rolio No. on the rolio No. on the reeeeevvvvverererererse of the Cheque / Demand Drse of the Cheque / Demand Drse of the Cheque / Demand Drse of the Cheque / Demand Drse of the Cheque / Demand Draft.) Please attach a separaft.) Please attach a separaft.) Please attach a separaft.) Please attach a separaft.) Please attach a separate Cheque/ Demand Drate Cheque/ Demand Drate Cheque/ Demand Drate Cheque/ Demand Drate Cheque/ Demand Draft faft faft faft faft for each Scheme. Please writeor each Scheme. Please writeor each Scheme. Please writeor each Scheme. Please writeor each Scheme. Please write Cheque/DD in favour of 'the Specific Scheme A/c PAN' or 'the Specific Scheme A/c Investor Name'. Cheque/DD in favour of 'the Specific Scheme A/c PAN' or 'the Specific Scheme A/c Investor Name'. Cheque/DD in favour of 'the Specific Scheme A/c PAN' or 'the Specific Scheme A/c Investor Name'. Cheque/DD in favour of 'the Specific Scheme A/c PAN' or 'the Specific Scheme A/c Investor Name'. Cheque/DD in favour of 'the Specific Scheme A/c PAN' or 'the Specific Scheme A/c Investor Name'.
IMPORTANTIMPORTANTIMPORTANTIMPORTANTIMPORTANT: : : : : Please strike out the Section(s) that is/are not used by you to avoid any unauthorised usePlease strike out the Section(s) that is/are not used by you to avoid any unauthorised usePlease strike out the Section(s) that is/are not used by you to avoid any unauthorised usePlease strike out the Section(s) that is/are not used by you to avoid any unauthorised usePlease strike out the Section(s) that is/are not used by you to avoid any unauthorised useEnrolment Form No.Enrolment Form No.Enrolment Form No.Enrolment Form No.Enrolment Form No.
Name and AMFI Reg. No. (ARN)Name and AMFI Reg. No. (ARN)Name and AMFI Reg. No. (ARN)Name and AMFI Reg. No. (ARN)Name and AMFI Reg. No. (ARN) Sub Agent’s name and Code/Sub Agent’s name and Code/Sub Agent’s name and Code/Sub Agent’s name and Code/Sub Agent’s name and Code/Bank Branch CodeBank Branch CodeBank Branch CodeBank Branch CodeBank Branch Code
M O CodeM O CodeM O CodeM O CodeM O Code
ARN-
FOR OFFICE USE ONLFOR OFFICE USE ONLFOR OFFICE USE ONLFOR OFFICE USE ONLFOR OFFICE USE ONLYYYYYDate of Receipt Folio No. Branch Trans. No.
Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on theUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on theUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on theUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on theUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on theinvestors’ assessment of various factors including the service rendered by the ARN Holderinvestors’ assessment of various factors including the service rendered by the ARN Holderinvestors’ assessment of various factors including the service rendered by the ARN Holderinvestors’ assessment of various factors including the service rendered by the ARN Holderinvestors’ assessment of various factors including the service rendered by the ARN Holder.....
I/ We have read and understood the contents of the Scheme Information Document(s) and Statement of Additional Information and the terms & conditions of SIP enrolmentand ECS (Debit Clearing) / Direct Debit / Standing Instruction and agree to abide by the same. I /We hereby apply to the Trustee of HDFC Mutual Fund for enrolment underthe SIP of the following Scheme(s)/ Plan(s) / Option(s) and agree to abide by the terms and conditions of the same. I/ We have not received nor been induced by any rebateor gifts, directly or indirectly, in making this investment. The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode),The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode),The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode),The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode),The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode),payable to him/them for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us.payable to him/them for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us.payable to him/them for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us.payable to him/them for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us.payable to him/them for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us. I/ We hereby applyto the Trustee of HDFC Mutual Fund:
Please (Please (Please (Please (Please () any one. In the absence of indication of the option the form is liable to be rejected.) any one. In the absence of indication of the option the form is liable to be rejected.) any one. In the absence of indication of the option the form is liable to be rejected.) any one. In the absence of indication of the option the form is liable to be rejected.) any one. In the absence of indication of the option the form is liable to be rejected.
ISC Name & Stamp
SIP via ECS (Debit Clearing) ECS (Debit Clearing) ECS (Debit Clearing) ECS (Debit Clearing) ECS (Debit Clearing) in select cities or via Direct Debit/Standing Instruction Direct Debit/Standing Instruction Direct Debit/Standing Instruction Direct Debit/Standing Instruction Direct Debit/Standing Instruction in select banks / branches only.
NEW REGISTRANEW REGISTRANEW REGISTRANEW REGISTRANEW REGISTRATIONTIONTIONTIONTION CHANGE IN BANK ACCOUNTCHANGE IN BANK ACCOUNTCHANGE IN BANK ACCOUNTCHANGE IN BANK ACCOUNTCHANGE IN BANK ACCOUNT CANCELLACANCELLACANCELLACANCELLACANCELLATION TION TION TION TION (Refer Item No. 11)
PAN# KYC#KYC#KYC#KYC#KYC# (Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ()])])])])] Attached
Second ApplicantSecond ApplicantSecond ApplicantSecond ApplicantSecond Applicant
PAN#
KYC Compliance Status** YES NO
PAN#
I/WI/WI/WI/WI/We hereby authorise HDFC Mutual Fund/HDFC Asset Management Company Limited and their authorised service providers, to debit my/our following bank account bye hereby authorise HDFC Mutual Fund/HDFC Asset Management Company Limited and their authorised service providers, to debit my/our following bank account bye hereby authorise HDFC Mutual Fund/HDFC Asset Management Company Limited and their authorised service providers, to debit my/our following bank account bye hereby authorise HDFC Mutual Fund/HDFC Asset Management Company Limited and their authorised service providers, to debit my/our following bank account bye hereby authorise HDFC Mutual Fund/HDFC Asset Management Company Limited and their authorised service providers, to debit my/our following bank account byECS (Debit Clearing) / Direct Debit / Standing Instruction for collection of SIP payments.ECS (Debit Clearing) / Direct Debit / Standing Instruction for collection of SIP payments.ECS (Debit Clearing) / Direct Debit / Standing Instruction for collection of SIP payments.ECS (Debit Clearing) / Direct Debit / Standing Instruction for collection of SIP payments.ECS (Debit Clearing) / Direct Debit / Standing Instruction for collection of SIP payments.
# Please attach Proof. If PAN/KYC is already validated please don’t attach any proof. Refer Item No 14 and 15.
Third ApplicantThird ApplicantThird ApplicantThird ApplicantThird Applicant
SYST EMAT I C
I N V E S TMENT
P LAN
S
I
P
Authorisation of the Bank Account Holder (to be signed by the Investor)**Authorisation of the Bank Account Holder (to be signed by the Investor)**Authorisation of the Bank Account Holder (to be signed by the Investor)**Authorisation of the Bank Account Holder (to be signed by the Investor)**Authorisation of the Bank Account Holder (to be signed by the Investor)**** To, The Branch Manager, _______________________________________________________(Name of the Bank)
This is to inform that I/We have registered for the RBI's Electronic Clearing Service (Debit Clearing) / Direct Debit /Standing Instruction and that my payment towards my investment in HDFC Mutual Fund shall be made from my/ourbelow mentioned bank account with your bank. I/We authorise the representative carrying this ECS (Debit Clearing) /Direct Debit / Standing Instruction mandate Form to get it verified & executed.
Bank Account NumberBank Account NumberBank Account NumberBank Account NumberBank Account Number
For Office Use only (Not to be filled in by Investor)For Office Use only (Not to be filled in by Investor)For Office Use only (Not to be filled in by Investor)For Office Use only (Not to be filled in by Investor)For Office Use only (Not to be filled in by Investor)
Signature of Authorised Official from Bank (Bank Stamp and Date)Signature of Authorised Official from Bank (Bank Stamp and Date)Signature of Authorised Official from Bank (Bank Stamp and Date)Signature of Authorised Official from Bank (Bank Stamp and Date)Signature of Authorised Official from Bank (Bank Stamp and Date) Bank Account NumberBank Account NumberBank Account NumberBank Account NumberBank Account Number
BANKER’S ABANKER’S ABANKER’S ABANKER’S ABANKER’S ATTESTTTESTTTESTTTESTTTESTAAAAATION (FOR BANK USE ONLTION (FOR BANK USE ONLTION (FOR BANK USE ONLTION (FOR BANK USE ONLTION (FOR BANK USE ONLY)Y)Y)Y)Y)Certified that the signature of account holder and the details of Bankaccount and its MICR code are correct as per our records
I/We hereby declare that the particulars given above are correct and express my willingness to make payments referred above through participation in ECS (Debit Clearing) / Direct Debit /Standing Instruction. If the transaction is delayed or not effected at all for reasons of incomplete or incorrect information, I/ We would not hold the user institution responsible. I / We willalso inform HDFC Mutual Fund/HDFC Asset Management Company Limited, about any changes in my bank account. I/ We have read and agreed to the terms and conditions mentioned overleaf. Applicable to SIP TApplicable to SIP TApplicable to SIP TApplicable to SIP TApplicable to SIP Top-up facility:op-up facility:op-up facility:op-up facility:op-up facility: I/We hereby agree to avail the top-up facility for SIP and authorize my bank to execute the ECS/Direct Debit/Standing Instruction for a furtherincrease in installment from my designated account.Please write SIP Enrolment Form No. / Folio No. on the reverse of the cheque.Please write SIP Enrolment Form No. / Folio No. on the reverse of the cheque.Please write SIP Enrolment Form No. / Folio No. on the reverse of the cheque.Please write SIP Enrolment Form No. / Folio No. on the reverse of the cheque.Please write SIP Enrolment Form No. / Folio No. on the reverse of the cheque.
Bank Name
Branch Name Bank City
Account Number
9 Digit MICR Code (Please enter the 9 digit number that appears after the cheque number)
Account Type (Please ) Savings Current NRO NRE FCNR Others (please specify) _______________________Accountholder Nameas in Bank Account
SIP Date 1st 5th 10th+ 15th 20th 25th (((((+Default Date ) [Refer Item No. 6(iv)]Default Date ) [Refer Item No. 6(iv)]Default Date ) [Refer Item No. 6(iv)]Default Date ) [Refer Item No. 6(iv)]Default Date ) [Refer Item No. 6(iv)]
First SIP TFirst SIP TFirst SIP TFirst SIP TFirst SIP Transaction via Cheque No.ransaction via Cheque No.ransaction via Cheque No.ransaction via Cheque No.ransaction via Cheque No.
Mandatory Enclosure Mandatory Enclosure Mandatory Enclosure Mandatory Enclosure Mandatory Enclosure (if 1st Installment is not by cheque)
SIP Period Start From End On** OR Default Date (December 2031) **Please refer Item No. 6(ii) and 6(iii)MMMMM MMMMM YYYYY YYYYY
SIP Top-up (Optional)SIP Top-up (Optional)SIP Top-up (Optional)SIP Top-up (Optional)SIP Top-up (Optional) (Please to avail this facility)(Refer Item No. 7 e)
Top-up Amount (R) ____________________ (The amount should be in multiples of R 500 only)
SIP Top-up Frequency: Half-yearly Yearly (Quarterly SIP offers top-up frequency at yearly intervals only.)
MMMMM MMMMM YYYYY YYYYY
DDDDD DDDDD MMMMM MMMMM YYYYY YYYYY
INVESTOR AND SIP DETAILSINVESTOR AND SIP DETAILSINVESTOR AND SIP DETAILSINVESTOR AND SIP DETAILSINVESTOR AND SIP DETAILSApplication No. (For new investor)/Folio No. (For existing Unitholder)
KYC#KYC#KYC#KYC#KYC# (Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ()])])])])] Attached
KYC#KYC#KYC#KYC#KYC# (Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ()])])])])] Attached
KYC#KYC#KYC#KYC#KYC# (Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ()])])])])] Attached
ARN - 11770
(a) Entry Load: Not Applicable. Entry Load: Not Applicable. Entry Load: Not Applicable. Entry Load: Not Applicable. Entry Load: Not Applicable. The upfront commission on investmentmade by the investor, if any, shall be paid to the ARN Holder (AMFIregistered Distributor) directly by the investor, based on the investor’sassessment of various factors including service rendered by the ARNHolder.
(b) Exit Load: Exit Load: Exit Load: Exit Load: Exit Load: Applicable Exit Load, if any, in the Scheme/Plan/Option ason the date of enrollment of the SIP will be levied.For Scheme load structure please refer to Key InformationMemorandum or contact the nearest Investor Service Centre (ISC) ofHDFC Mutual Fund or visit our website www.hdfcfund.com.
(iv) In case the Frequency (Monthly/Quarterly) and SIP date is not indicated,Monthly frequency shall be treated as the Default Frequency and 10thshall be treated as the Default date.
7. All SIP installments are available on the 1st, 5th, 10th, 15th, 20th or 25th of amonth. All SIP installments under MSIP and QSIP should be of the same amountand same date. For example, if an investor is enrolling for MSIP for the periodJuly- December 2009 for total amount of R 60,000/-, there shall be a minimumof six installments (except for first SIP cheque which could be of any date) andsame amount. The first cheque should be drawn on the same bank accountwhich is to be registered for ECS (Debit Clearing) / Direct Debit / StandingInstruction. Alternatively, the cheque may be drawn on any bank, but investorshould provide a photocopy of the cheque of the bank / branch for which ECS(Debit Clearing) / Direct Debit / Standing Instruction is to be registered.However, investors need not submit the First Cheque for SIP enrollmentprovided the SIP Enrolment Form is attested by the Bank from which SIPinstallment will be debited or copy of the cancelled cheque or photocopy ofthe cheque of bank account from which the SIP installment will be debited isattached to the form.a. First SIP Cheque and subsequent SIP Installments via ECS (Debit Clearing) /
Direct Debit / Standing Instruction should be of the same amount.b. The SIP Enrolment Form should be submitted atleast 30 days before the
first SIP date^ for ECS (Debit Clearing) / Direct Debit / Standing Instruction.If the SIP start period is not mentioned, the chosen/Default date falling 30days from SIP submission date will be considered as the SIP start date andSIP will be registered from that date (eg. If the application is submitted onJune 1 without indicating the SIP start period then the SIP start date wouldbe July 1).^ In case the auto debit start date as mentioned in the form does notsatisfy this condition, the first SIP date shall be rolled over to begin fromthe immediately following month (provided the roll over SIP date does notexceed the maximum time gap of 90 days between the SIP submissiondate and first installment of SIP through ECS (Debit Clearing) or DirectDebit / Standing Instruction) and the end date shall accordingly getextended.
c. Payment may be made by cheque drawn on any bank which is situated atand is a member of the Bankers’ Clearing House located at the place wherethe SIP application is submitted. Outstation cheques will not be acceptedand applications accompanied by such cheques are liable to be rejected.No cash, money orders or postal orders will be accepted.
d. In case, the name is not pre-printed on the cheque or signature on thecheque does not match, then the first named applicant/investor shouldsubmit any one of the following documents i.e. a copy of the bank passbookor a statement of bank account or a letter from the bank on its letterheadcertifying the investors bank account details (Account Number, Type,Branch, MICR Code). For other mode of payment for SIP and further details,please refer to the section 'Third Party Payments' under the Instructionsin the Key Information Memorandum and section 'How to Apply' underStatement of Addit ional Information avai lable on our websitewww.hdfcfund.com.
e. SIP TSIP TSIP TSIP TSIP Top-up Facility:op-up Facility:op-up Facility:op-up Facility:op-up Facility:1. SIP Top-up is a facility wherein an investor who wishes to enrol for
SIP, has an option to increase the amount of the SIP installment by afixed amount at pre-defined intervals. The SIP Top-up amount shouldbe filled in the SIP Enrolment Form itself.
2. The SIP Top-up amount should be in multiples of R 500 only.3. Monthly SIP offers top-up frequency at half yearly and yearly intervals.
Quarterly SIP offers top-up frequency at yearly intervals only. In casethe top-up frequency is not indicated under Monthly SIP, it will beconsidered as yearly interval.
f. (i)(i)(i)(i)(i) SIP Payment through Electronic Clearing Service (ECS) (Debit Clearing)SIP Payment through Electronic Clearing Service (ECS) (Debit Clearing)SIP Payment through Electronic Clearing Service (ECS) (Debit Clearing)SIP Payment through Electronic Clearing Service (ECS) (Debit Clearing)SIP Payment through Electronic Clearing Service (ECS) (Debit Clearing)of the Reserve Bank of India (RBI) - of the Reserve Bank of India (RBI) - of the Reserve Bank of India (RBI) - of the Reserve Bank of India (RBI) - of the Reserve Bank of India (RBI) - Investors / Unit holders may alsoenroll for SIP Auto Debit facility through ECS (Debit Clearing) of the RBI.List of Cities for SIP Auto Debit Facility via ECS (Debit Clearing) shouldconform to the ECS Debit locations approved by RBI. The same isavailable on www.rbi.org.in and on our website www.hdfcfund.com
This facility is offered only to the investors having bank accounts inselect cities.
The bank account provided for ECS (Debit) should participate in localMICR clearing.
SIP auto debit facility is available only on specific dates of the monthas under :
The investor agrees to abide by the terms and conditions of ECS facilityof RBI.
(ii)(ii)(ii)(ii)(ii) SIP payment through Direct Debit FacilitySIP payment through Direct Debit FacilitySIP payment through Direct Debit FacilitySIP payment through Direct Debit FacilitySIP payment through Direct Debit FacilityInvestors / Unit holders may enroll for SIP Direct Debit Facility availablewith the following banks / branches
BanksBanksBanksBanksBanks BranchesBranchesBranchesBranchesBranchesAxis Bank Limited, IDBI Bank Limited, Kotak AllMahindra Bank Limited, IndusInd Bank Limited, BranchesState Bank of India and Union Bank of IndiaBank of India, Bank of Baroda and SelectPunjab National Bank Branches
This facility is offered only to the investors having bank accountsin select banks / branches eligible for this facility.
This facility is available on all SIP dates of a month / quarter.
(iii)(iii)(iii)(iii)(iii) SIP payment through Standing InstructionSIP payment through Standing InstructionSIP payment through Standing InstructionSIP payment through Standing InstructionSIP payment through Standing Instruction
Payment may also be accepted by direct debits to unit holders’ bankaccounts. For this purpose, unit holders are required to give standinginstructions to their bankers (with whom HDFC Mutual Fund may havean arrangement from time to time) to debit their bank accounts atperiodic intervals and credit the subscription proceeds to the HDFCMutual Fund bank account. Currently, the arrangement for direct debitfacility is with:
Axis Bank Dhanlaxmi Bank Ltd. HDFC Bank ICICI Bank INGVysya Bank Royal Bank of Scotland NV South Indian Bank This facility is offered only to the investors having bank accounts
in the above mentioned Banks. This facility is available on all SIP dates of a month / quarter.
The cities / banks / branches in the list may be modified/updated/changed/removed at any time in future entirely at the discretion of HDFC MutualFund / HDFC Asset Management Company Limited without assigning anyreasons or prior notice. If any city / bank / branch is removed, SIPinstructions for investors in such city / bank / branch via (ECS) (DebitClearing) / Direct Debit / Standing Instruction route will be discontinuedwithout prior notice. Please contact the nearest Investor Service CentrePlease contact the nearest Investor Service CentrePlease contact the nearest Investor Service CentrePlease contact the nearest Investor Service CentrePlease contact the nearest Investor Service Centreof HDFC Mutual Fund for updated list.of HDFC Mutual Fund for updated list.of HDFC Mutual Fund for updated list.of HDFC Mutual Fund for updated list.of HDFC Mutual Fund for updated list.
8. Units will be allotted on the applicable dates. In case the date falls on a Non-Business Day or falls during a book closure period, the immediate next BusinessDay will be considered for the purpose of determining the applicability of NAVsubject to the realization of proceeds. Further, in case of first SIP investmentaccepted through cheque drawn on a location where ISCs of HDFC MutualFund does not have a presence but HDFC Bank has a presence, units will beallotted on the date on which subscription proceeds are realized.
9. The first SIP cheque should be drawn in favour of 'the Specific Scheme A/cPermanent Account Number' or 'the Specific Scheme A/c First Investor Name'(e.g. In case of HGF the cheque should be drawn in favour of "HDFC GrowthFund A/c ABCDE1234F" OR "HDFC Growth Fund A/c Bhavesh Shah"; in caseof HDFC Index Fund, HDFC MF Monthly Income Plan the name of the respectivePlan should also be mentioned) and crossed "Account Payee only". Unit holdersmust write the SIP Enrolment Form number, if any, on the reverse of thecheque.
10. An Account Statement will be issued by mail or by e-mail (if opted by the unitholder) to the unit holder within 10 Business Days for the first investmentthrough SIP. The subsequent account statement will be despatched once everyquarter ending March, June, September and December within 10 BusinessDays of the end of respective quarter. In case of specific request receivedfrom investors, Mutual Fund will provide the account statement to the investorswithin 5 Business Days from the receipt of such request without any charges.
11. You can choose to change your bank account or discontinue the SIP facility bygiving thirty days written notice to any of our Investor Service Centres. ForSIP cancellation request, please mention the SIP start date as mentioned atthe time of registration.
12. The SIP enrollment will be discontinued in cases where three consecutive SIPinstallments are not honored or the Bank Account [for ECS (Debit clearing)/Direct Debit / Standing Instruction] is closed and request for change in bankaccount [for ECS (Debit clearing) / Direct Debit / Standing Instruction] is notsubmitted at least 30 days before the next SIP Auto Debit.
13. Units of HDFC Long Term Advantage Fund and HDFC TaxSaver cannot beassigned / transferred / pledged / redeemed / switched - out until completionof 3 years from the date of allotment of the respective units. Units of HDFCChildren's Gift Fund (subject to lock-in period) cannot be redeemed / switched- out until the Unitholder (being the beneficiary child) attains 18 years of age ortill completion of 3 years from the date of allotment, whichever is later.
14. Permanent Account Number (PPermanent Account Number (PPermanent Account Number (PPermanent Account Number (PPermanent Account Number (PAN)AN)AN)AN)AN)
SEBI has made it mandatory for all applicants (in the case of application in jointnames, each of the applicants) to mention his/her permanent account number(PAN) irrespective of the amount [Except for SIP upto R 50,000/- per year perinvestor (Micro SIP)]. Where the applicant is a minor, and does not posses his/ her own PAN, he / she shall quote the PAN of his/ her father or mother or theguardian, as the case may be. Applications not complying with the aboverequirement may not be accepted/ processed. PAN card copy is not requiredseparately if KYC acknowledgement issued by CVL is made available.
For further details, please refer Section 'Permanent Account Number'under Statement of Additional Information available on our websitewww.hdfcfund.com.
15. Know Your Customer (KYC) Compliance: Investors should note that it ismandatory for all registrations for Systematic Investment Plan (SIP) to quotethe KYC Compliance Status of each applicant (guardian in case of minor) in theapplication and attach proof of KYC Compliance viz. KYC AcknowledgementLetter / Printout of KYC Compliance Status downloaded from CDSL VenturesLtd. (CVL) website (www.cvlindia.com) using the PAN. For more details, pleaserefer to the Statement of Additional Information available on our websitewww.hdfcfund.com
16 a. Investors will not hold HDFC Mutual Fund / HDFC Asset ManagementCompany Limited (HDFC AMC), its registrars and other service providersresponsible if the transaction is delayed or not effected or the investorbank account is debited in advance or after the specific SIP date due tolocal holidays or any other reason.
b. HDFC Mutual Fund / HDFC AMC, its registrars and other service providersshall not be responsible and liable for any damages/compensation for anyloss, damage etc. incurred by the investor. The investor assumes the entirerisk of using this facility and takes full responsibility.
c. HDFC Mutual Fund / HDFC AMC reserves the right to reject any applicationwithout assigning any reason thereof.
d. The SIP Auto Debit facility is subject to the terms and conditions of theBanks offering the said facility and the Investors will not hold HDFC MutualFund / HDFC AMC responsible for any rejection.
17. The Trustee reserves the right to change/modify the terms and conditions of theSIP.
SIP TERMS & CONDITIONS FOR ECS (DIRECT CLEARING) / DIRECT DEBIT FACILITY / STSIP TERMS & CONDITIONS FOR ECS (DIRECT CLEARING) / DIRECT DEBIT FACILITY / STSIP TERMS & CONDITIONS FOR ECS (DIRECT CLEARING) / DIRECT DEBIT FACILITY / STSIP TERMS & CONDITIONS FOR ECS (DIRECT CLEARING) / DIRECT DEBIT FACILITY / STSIP TERMS & CONDITIONS FOR ECS (DIRECT CLEARING) / DIRECT DEBIT FACILITY / STANDING INSTRUCTIONANDING INSTRUCTIONANDING INSTRUCTIONANDING INSTRUCTIONANDING INSTRUCTION1. SIP is available to investors in the following Scheme(s) of HDFC Mutual Fund:
HDFC Growth Fund, HDFC Equity Fund, HDFC Top 200 Fund, HDFC CapitalBuilder Fund, HDFC Index Fund, HDFC Children’s Gift Fund, HDFC BalancedFund, HDFC Prudence Fund, HDFC Long Term Advantage Fund*, HDFCTaxSaver*, HDFC MF Monthly Income Plan (an open-ended income scheme.Monthly income is not assured and is subject to availability of distributablesurplus), HDFC Core & Satellite Fund, HDFC Premier Multi-Cap Fund, HDFCMid-Cap Opportunit ies Fund, HDFC Long Term Equity Fund, HDFCInfrastructure Fund, HDFC Multiple Yield Fund, HDFC Arbitrage Fund, HDFCIncome Fund, HDFC High Interest Fund, HDFC Short Term Plan, HDFC ShortTerm Opportunities Fund, HDFC Medium Term Opportunities Fund, HDFC CashManagement Fund- Treasury Advantage Plan, HDFC Gilt Fund, HDFC FloatingRate Income Fund and HDFC Multiple Yield Fund- Plan 2005.
*an open-ended equity linked savings scheme with a lock-in period of 3 years
The above list is subject to change from time to time. Please contact theThe above list is subject to change from time to time. Please contact theThe above list is subject to change from time to time. Please contact theThe above list is subject to change from time to time. Please contact theThe above list is subject to change from time to time. Please contact thenearest Investor Service Centre (ISC) of HDFC Mutual Fund for updated list.nearest Investor Service Centre (ISC) of HDFC Mutual Fund for updated list.nearest Investor Service Centre (ISC) of HDFC Mutual Fund for updated list.nearest Investor Service Centre (ISC) of HDFC Mutual Fund for updated list.nearest Investor Service Centre (ISC) of HDFC Mutual Fund for updated list.
2. The SIP Enrolment Form should be completed in English and in Block Lettersonly. Please tick ( ) in the appropriate box ( ), where boxes have beenprovided. The SIP Enrolment Form complete in all respects, should besubmitted at any of the Investor Service Centres (ISCs) of HDFC Mutual Fundor at the Official Points of Acceptance of Transactions of Computer AgeManagement Services Pvt Ltd. (CAMS).
In case SIP investments are made through 'Third Party Payments' i.e.In case SIP investments are made through 'Third Party Payments' i.e.In case SIP investments are made through 'Third Party Payments' i.e.In case SIP investments are made through 'Third Party Payments' i.e.In case SIP investments are made through 'Third Party Payments' i.e.payment made through an instrument issued from a bank account otherpayment made through an instrument issued from a bank account otherpayment made through an instrument issued from a bank account otherpayment made through an instrument issued from a bank account otherpayment made through an instrument issued from a bank account otherthan that of the first named applicant/ investor mentioned in the applicationthan that of the first named applicant/ investor mentioned in the applicationthan that of the first named applicant/ investor mentioned in the applicationthan that of the first named applicant/ investor mentioned in the applicationthan that of the first named applicant/ investor mentioned in the applicationform, Investors are required to additionally fill up & submit the 'Third Partyform, Investors are required to additionally fill up & submit the 'Third Partyform, Investors are required to additionally fill up & submit the 'Third Partyform, Investors are required to additionally fill up & submit the 'Third Partyform, Investors are required to additionally fill up & submit the 'Third PartyPayment Declaration Form' (available at any of our ISCs or on our websitePayment Declaration Form' (available at any of our ISCs or on our websitePayment Declaration Form' (available at any of our ISCs or on our websitePayment Declaration Form' (available at any of our ISCs or on our websitePayment Declaration Form' (available at any of our ISCs or on our websitewwwwwwwwwwwwwww.hdfcfund.com) along with the SIP Enrolment Form..hdfcfund.com) along with the SIP Enrolment Form..hdfcfund.com) along with the SIP Enrolment Form..hdfcfund.com) along with the SIP Enrolment Form..hdfcfund.com) along with the SIP Enrolment Form.
This Form is not applicable for investments through Micro SystematicThis Form is not applicable for investments through Micro SystematicThis Form is not applicable for investments through Micro SystematicThis Form is not applicable for investments through Micro SystematicThis Form is not applicable for investments through Micro SystematicInvestment Plan (Micro SIP) i.e. upto Investment Plan (Micro SIP) i.e. upto Investment Plan (Micro SIP) i.e. upto Investment Plan (Micro SIP) i.e. upto Investment Plan (Micro SIP) i.e. upto RRRRR 50,000 per year per investor 50,000 per year per investor 50,000 per year per investor 50,000 per year per investor 50,000 per year per investor. For. For. For. For. Forinvestment through Micro SIP investor is required to fill up Micro SIP Enrolmentinvestment through Micro SIP investor is required to fill up Micro SIP Enrolmentinvestment through Micro SIP investor is required to fill up Micro SIP Enrolmentinvestment through Micro SIP investor is required to fill up Micro SIP Enrolmentinvestment through Micro SIP investor is required to fill up Micro SIP EnrolmentForm available at any of our ISCs or on our website Form available at any of our ISCs or on our website Form available at any of our ISCs or on our website Form available at any of our ISCs or on our website Form available at any of our ISCs or on our website wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.....
3. a. Existing unit holders in Scheme(s) of HDFC Mutual Fund are required tosubmit only the SIP Enrolment Form. Existing unit holders should providetheir Folio Number. Unitholders’ details and mode of holding (single, jointly,anyone or survivor) will be as per the existing folio number and wouldprevail over any conflicting information furnished in this form. Unitholdersname should match with the details in the existing folio number, failingwhich the application form is liable to be rejected.
b. Signature(s) should be as it appears on the Application Form / Folio and inthe same order. In case the mode of holding is joint, all unitholders arerequired to sign.
4. a. New investors who wish to enroll for SIP are required to fill the (i) SIPEnrolment Form Investments through ECS/ Direct Debit Facility / StandingInstruction (ii) the respective Scheme Application Form (included in theKey Information Memorandum) along with / without the initial investmentinstrument. New investors are advised to read the Scheme InformationDocument(s) and Statement of Additional Information carefully beforeinvesting. The Scheme Information Document(s) / Key InformationMemorandum(s) and Statement of Additional information are available withthe ISCs of HDFC Mutual Fund, brokers/distributors and also displayed atthe HDFC Mutual Fund website i.e. www.hdfcfund.com
b. New investors can apply for SIP in to respective Scheme / Plans / Optionswithout any existing investment / folio.
The provision for ‘Minimum Application Amount’ ‘Minimum Application Amount’ ‘Minimum Application Amount’ ‘Minimum Application Amount’ ‘Minimum Application Amount’ specified in the respectiveScheme Information Document will not be applicable for SIP investments.e.g. the minimum application amount for new investors in HDFC EquityFund - Growth Option is R 5,000/-. However, in case of SIP investments,an investor can enter the Scheme with minimum amount of R 500/-.
5. SIP offers investors the following two Plans (Frequency):
i)i)i)i)i) Monthly Systematic Investment Plan (MSIP)Monthly Systematic Investment Plan (MSIP)Monthly Systematic Investment Plan (MSIP)Monthly Systematic Investment Plan (MSIP)Monthly Systematic Investment Plan (MSIP)
ii)ii)ii)ii)ii) Quarterly Systematic Investment Plan (QSIP)Quarterly Systematic Investment Plan (QSIP)Quarterly Systematic Investment Plan (QSIP)Quarterly Systematic Investment Plan (QSIP)Quarterly Systematic Investment Plan (QSIP)
6. (i) The details of minimum amount per cheque, minimum number of cheques,duration, entry load, exit load, etc. are given below:
Schemes other thanSchemes other thanSchemes other thanSchemes other thanSchemes other than HDFC THDFC THDFC THDFC THDFC TaxSaver* andaxSaver* andaxSaver* andaxSaver* andaxSaver* andHDFC THDFC THDFC THDFC THDFC TaxSaver* and HDFCaxSaver* and HDFCaxSaver* and HDFCaxSaver* and HDFCaxSaver* and HDFC HDFC Long THDFC Long THDFC Long THDFC Long THDFC Long TermermermermermLong TLong TLong TLong TLong Term Advantage Fund*erm Advantage Fund*erm Advantage Fund*erm Advantage Fund*erm Advantage Fund* Advantage Fund*Advantage Fund*Advantage Fund*Advantage Fund*Advantage Fund*
i)i)i)i)i) Minimum Amount per InstallmentMinimum Amount per InstallmentMinimum Amount per InstallmentMinimum Amount per InstallmentMinimum Amount per Installment
MSIPMSIPMSIPMSIPMSIP R 500/- and in multiples of R 100/- R 500/- and in multiplesof R 500/- thereafter
QSIPQSIPQSIPQSIPQSIP R 1,500/- and in multiples of R 100/- R 1,500/- and in multiplesof R 500/- thereafter.
ii)ii)ii)ii)ii) TTTTTotal Minimum Number of Installmentsotal Minimum Number of Installmentsotal Minimum Number of Installmentsotal Minimum Number of Installmentsotal Minimum Number of Installments
MSIPMSIPMSIPMSIPMSIP In respect of each SIP Installment less 6 Installmentsthan R 1,000/- in value: 12 Installments In respect of each SIP Installment equal
to or greater than R 1,000/ -in value: 6 Installments
QSIPQSIPQSIPQSIPQSIP In respect of each SIP Installment less 2 Installmentsthan R 3,000/- in value: 4 Installments In respect of each SIP Installment equal
to or greater than R 3,000/-in value: 2 Installments
*open-ended equity linked savings scheme with a lock-in period of 3 years
(ii) There is no maximum duration for SIP enrolment. However, SIPs will beregistered in a folio held by a minor only till the date of the minor attainingmajority, even though the instructions may be for a period beyond thatdate. The SIP facility will automatically stand terminated upon the UnitHolder attaining 18 years of age.
An investor has an option to choose the 'End Date' of the SIP by filling thedate or by selecting the Default Date i.e. December 2031.
(iii) In respect of SIP enrollments, the Load Structure prevalent at the time ofenrollment shall govern the investors during the tenure of the SIP.
The Load Structure for investments through SIP is as follows
SIP Enrolment FormSIP Enrolment FormSIP Enrolment FormSIP Enrolment FormSIP Enrolment Form[[[[[For Investments throuFor Investments throuFor Investments throuFor Investments throuFor Investments through ECS (Debit Clearing) /gh ECS (Debit Clearing) /gh ECS (Debit Clearing) /gh ECS (Debit Clearing) /gh ECS (Debit Clearing) / Direct Debit Facility/ Direct Debit Facility/ Direct Debit Facility/ Direct Debit Facility/ Direct Debit Facility/
IMPORTANTIMPORTANTIMPORTANTIMPORTANTIMPORTANT: : : : : Please strike out the Section(s) that is/are not used by you to avoid any unauthorised usePlease strike out the Section(s) that is/are not used by you to avoid any unauthorised usePlease strike out the Section(s) that is/are not used by you to avoid any unauthorised usePlease strike out the Section(s) that is/are not used by you to avoid any unauthorised usePlease strike out the Section(s) that is/are not used by you to avoid any unauthorised useEnrolment Form No.Enrolment Form No.Enrolment Form No.Enrolment Form No.Enrolment Form No.
Name and AMFI Reg. No. (ARN)Name and AMFI Reg. No. (ARN)Name and AMFI Reg. No. (ARN)Name and AMFI Reg. No. (ARN)Name and AMFI Reg. No. (ARN) Sub Agent’s name and Code/Sub Agent’s name and Code/Sub Agent’s name and Code/Sub Agent’s name and Code/Sub Agent’s name and Code/Bank Branch CodeBank Branch CodeBank Branch CodeBank Branch CodeBank Branch Code
M O CodeM O CodeM O CodeM O CodeM O Code
ARN-
FOR OFFICE USE ONLFOR OFFICE USE ONLFOR OFFICE USE ONLFOR OFFICE USE ONLFOR OFFICE USE ONLYYYYYDate of Receipt Folio No. Branch Trans. No.
Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on theUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on theUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on theUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on theUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on theinvestors’ assessment of various factors including the service rendered by the ARN Holderinvestors’ assessment of various factors including the service rendered by the ARN Holderinvestors’ assessment of various factors including the service rendered by the ARN Holderinvestors’ assessment of various factors including the service rendered by the ARN Holderinvestors’ assessment of various factors including the service rendered by the ARN Holder.....
I/ We have read and understood the contents of the Scheme Information Document(s) and Statement of Additional Information and the terms & conditions of SIP enrolmentand ECS (Debit Clearing) / Direct Debit / Standing Instruction and agree to abide by the same. I /We hereby apply to the Trustee of HDFC Mutual Fund for enrolment underthe SIP of the following Scheme(s)/ Plan(s) / Option(s) and agree to abide by the terms and conditions of the same. I/ We have not received nor been induced by any rebateor gifts, directly or indirectly, in making this investment. The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode),The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode),The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode),The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode),The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode),payable to him/them for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us.payable to him/them for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us.payable to him/them for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us.payable to him/them for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us.payable to him/them for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us. I/ We hereby applyto the Trustee of HDFC Mutual Fund:
Please (Please (Please (Please (Please () any one. In the absence of indication of the option the form is liable to be rejected.) any one. In the absence of indication of the option the form is liable to be rejected.) any one. In the absence of indication of the option the form is liable to be rejected.) any one. In the absence of indication of the option the form is liable to be rejected.) any one. In the absence of indication of the option the form is liable to be rejected.
ISC Name & Stamp
SIP via ECS (Debit Clearing) ECS (Debit Clearing) ECS (Debit Clearing) ECS (Debit Clearing) ECS (Debit Clearing) in select cities or via Direct Debit/Standing Instruction Direct Debit/Standing Instruction Direct Debit/Standing Instruction Direct Debit/Standing Instruction Direct Debit/Standing Instruction in select banks / branches only.
NEW REGISTRANEW REGISTRANEW REGISTRANEW REGISTRANEW REGISTRATIONTIONTIONTIONTION CHANGE IN BANK ACCOUNTCHANGE IN BANK ACCOUNTCHANGE IN BANK ACCOUNTCHANGE IN BANK ACCOUNTCHANGE IN BANK ACCOUNT CANCELLACANCELLACANCELLACANCELLACANCELLATION TION TION TION TION (Refer Item No. 11)
PAN# KYC#KYC#KYC#KYC#KYC# (Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ()])])])])] Attached
Second ApplicantSecond ApplicantSecond ApplicantSecond ApplicantSecond Applicant
PAN#
KYC Compliance Status** YES NO
PAN#
I/WI/WI/WI/WI/We hereby authorise HDFC Mutual Fund/HDFC Asset Management Company Limited and their authorised service providers, to debit my/our following bank account bye hereby authorise HDFC Mutual Fund/HDFC Asset Management Company Limited and their authorised service providers, to debit my/our following bank account bye hereby authorise HDFC Mutual Fund/HDFC Asset Management Company Limited and their authorised service providers, to debit my/our following bank account bye hereby authorise HDFC Mutual Fund/HDFC Asset Management Company Limited and their authorised service providers, to debit my/our following bank account bye hereby authorise HDFC Mutual Fund/HDFC Asset Management Company Limited and their authorised service providers, to debit my/our following bank account byECS (Debit Clearing) / Direct Debit / Standing Instruction for collection of SIP payments.ECS (Debit Clearing) / Direct Debit / Standing Instruction for collection of SIP payments.ECS (Debit Clearing) / Direct Debit / Standing Instruction for collection of SIP payments.ECS (Debit Clearing) / Direct Debit / Standing Instruction for collection of SIP payments.ECS (Debit Clearing) / Direct Debit / Standing Instruction for collection of SIP payments.
# Please attach Proof. If PAN/KYC is already validated please don’t attach any proof. Refer Item No 14 and 15.
Third ApplicantThird ApplicantThird ApplicantThird ApplicantThird Applicant
SYST EMAT I C
I N V E S TMENT
P LAN
S
I
P
Authorisation of the Bank Account Holder (to be signed by the Investor)**Authorisation of the Bank Account Holder (to be signed by the Investor)**Authorisation of the Bank Account Holder (to be signed by the Investor)**Authorisation of the Bank Account Holder (to be signed by the Investor)**Authorisation of the Bank Account Holder (to be signed by the Investor)**** To, The Branch Manager, _______________________________________________________(Name of the Bank)
This is to inform that I/We have registered for the RBI's Electronic Clearing Service (Debit Clearing) / Direct Debit /Standing Instruction and that my payment towards my investment in HDFC Mutual Fund shall be made from my/ourbelow mentioned bank account with your bank. I/We authorise the representative carrying this ECS (Debit Clearing) /Direct Debit / Standing Instruction mandate Form to get it verified & executed.
Bank Account NumberBank Account NumberBank Account NumberBank Account NumberBank Account Number
For Office Use only (Not to be filled in by Investor)For Office Use only (Not to be filled in by Investor)For Office Use only (Not to be filled in by Investor)For Office Use only (Not to be filled in by Investor)For Office Use only (Not to be filled in by Investor)
Signature of Authorised Official from Bank (Bank Stamp and Date)Signature of Authorised Official from Bank (Bank Stamp and Date)Signature of Authorised Official from Bank (Bank Stamp and Date)Signature of Authorised Official from Bank (Bank Stamp and Date)Signature of Authorised Official from Bank (Bank Stamp and Date) Bank Account NumberBank Account NumberBank Account NumberBank Account NumberBank Account Number
BANKER’S ABANKER’S ABANKER’S ABANKER’S ABANKER’S ATTESTTTESTTTESTTTESTTTESTAAAAATION (FOR BANK USE ONLTION (FOR BANK USE ONLTION (FOR BANK USE ONLTION (FOR BANK USE ONLTION (FOR BANK USE ONLY)Y)Y)Y)Y)Certified that the signature of account holder and the details of Bankaccount and its MICR code are correct as per our records
I/We hereby declare that the particulars given above are correct and express my willingness to make payments referred above through participation in ECS (Debit Clearing) / Direct Debit /Standing Instruction. If the transaction is delayed or not effected at all for reasons of incomplete or incorrect information, I/ We would not hold the user institution responsible. I / We willalso inform HDFC Mutual Fund/HDFC Asset Management Company Limited, about any changes in my bank account. I/ We have read and agreed to the terms and conditions mentioned overleaf. Applicable to SIP TApplicable to SIP TApplicable to SIP TApplicable to SIP TApplicable to SIP Top-up facility:op-up facility:op-up facility:op-up facility:op-up facility: I/We hereby agree to avail the top-up facility for SIP and authorize my bank to execute the ECS/Direct Debit/Standing Instruction for a furtherincrease in installment from my designated account.Please write SIP Enrolment Form No. / Folio No. on the reverse of the cheque.Please write SIP Enrolment Form No. / Folio No. on the reverse of the cheque.Please write SIP Enrolment Form No. / Folio No. on the reverse of the cheque.Please write SIP Enrolment Form No. / Folio No. on the reverse of the cheque.Please write SIP Enrolment Form No. / Folio No. on the reverse of the cheque.
Bank Name
Branch Name Bank City
Account Number
9 Digit MICR Code (Please enter the 9 digit number that appears after the cheque number)
Account Type (Please ) Savings Current NRO NRE FCNR Others (please specify) _______________________Accountholder Nameas in Bank Account
SIP Date 1st 5th 10th+ 15th 20th 25th (((((+Default Date ) [Refer Item No. 6(iv)]Default Date ) [Refer Item No. 6(iv)]Default Date ) [Refer Item No. 6(iv)]Default Date ) [Refer Item No. 6(iv)]Default Date ) [Refer Item No. 6(iv)]
First SIP TFirst SIP TFirst SIP TFirst SIP TFirst SIP Transaction via Cheque No.ransaction via Cheque No.ransaction via Cheque No.ransaction via Cheque No.ransaction via Cheque No.
Mandatory Enclosure Mandatory Enclosure Mandatory Enclosure Mandatory Enclosure Mandatory Enclosure (if 1st Installment is not by cheque)
SIP Period Start From End On** OR Default Date (December 2031) **Please refer Item No. 6(ii) and 6(iii)MMMMM MMMMM YYYYY YYYYY
SIP Top-up (Optional)SIP Top-up (Optional)SIP Top-up (Optional)SIP Top-up (Optional)SIP Top-up (Optional) (Please to avail this facility)(Refer Item No. 7 e)
Top-up Amount (R) ____________________ (The amount should be in multiples of R 500 only)
SIP Top-up Frequency: Half-yearly Yearly (Quarterly SIP offers top-up frequency at yearly intervals only.)
MMMMM MMMMM YYYYY YYYYY
DDDDD DDDDD MMMMM MMMMM YYYYY YYYYY
INVESTOR AND SIP DETAILSINVESTOR AND SIP DETAILSINVESTOR AND SIP DETAILSINVESTOR AND SIP DETAILSINVESTOR AND SIP DETAILSApplication No. (For new investor)/Folio No. (For existing Unitholder)
KYC#KYC#KYC#KYC#KYC# (Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ()])])])])] Attached
KYC#KYC#KYC#KYC#KYC# (Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ()])])])])] Attached
KYC#KYC#KYC#KYC#KYC# (Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ((Mandatory for any amount) [Please tick ()])])])])] Attached
(a) Entry Load: Not Applicable. Entry Load: Not Applicable. Entry Load: Not Applicable. Entry Load: Not Applicable. Entry Load: Not Applicable. The upfront commission on investmentmade by the investor, if any, shall be paid to the ARN Holder (AMFIregistered Distributor) directly by the investor, based on the investor’sassessment of various factors including service rendered by the ARNHolder.
(b) Exit Load: Exit Load: Exit Load: Exit Load: Exit Load: Applicable Exit Load, if any, in the Scheme/Plan/Option ason the date of enrollment of the SIP will be levied.For Scheme load structure please refer to Key InformationMemorandum or contact the nearest Investor Service Centre (ISC) ofHDFC Mutual Fund or visit our website www.hdfcfund.com.
(iv) In case the Frequency (Monthly/Quarterly) and SIP date is not indicated,Monthly frequency shall be treated as the Default Frequency and 10thshall be treated as the Default date.
7. All SIP installments are available on the 1st, 5th, 10th, 15th, 20th or 25th of amonth. All SIP installments under MSIP and QSIP should be of the same amountand same date. For example, if an investor is enrolling for MSIP for the periodJuly- December 2009 for total amount of R 60,000/-, there shall be a minimumof six installments (except for first SIP cheque which could be of any date) andsame amount. The first cheque should be drawn on the same bank accountwhich is to be registered for ECS (Debit Clearing) / Direct Debit / StandingInstruction. Alternatively, the cheque may be drawn on any bank, but investorshould provide a photocopy of the cheque of the bank / branch for which ECS(Debit Clearing) / Direct Debit / Standing Instruction is to be registered.However, investors need not submit the First Cheque for SIP enrollmentprovided the SIP Enrolment Form is attested by the Bank from which SIPinstallment will be debited or copy of the cancelled cheque or photocopy ofthe cheque of bank account from which the SIP installment will be debited isattached to the form.a. First SIP Cheque and subsequent SIP Installments via ECS (Debit Clearing) /
Direct Debit / Standing Instruction should be of the same amount.b. The SIP Enrolment Form should be submitted atleast 30 days before the
first SIP date^ for ECS (Debit Clearing) / Direct Debit / Standing Instruction.If the SIP start period is not mentioned, the chosen/Default date falling 30days from SIP submission date will be considered as the SIP start date andSIP will be registered from that date (eg. If the application is submitted onJune 1 without indicating the SIP start period then the SIP start date wouldbe July 1).^ In case the auto debit start date as mentioned in the form does notsatisfy this condition, the first SIP date shall be rolled over to begin fromthe immediately following month (provided the roll over SIP date does notexceed the maximum time gap of 90 days between the SIP submissiondate and first installment of SIP through ECS (Debit Clearing) or DirectDebit / Standing Instruction) and the end date shall accordingly getextended.
c. Payment may be made by cheque drawn on any bank which is situated atand is a member of the Bankers’ Clearing House located at the place wherethe SIP application is submitted. Outstation cheques will not be acceptedand applications accompanied by such cheques are liable to be rejected.No cash, money orders or postal orders will be accepted.
d. In case, the name is not pre-printed on the cheque or signature on thecheque does not match, then the first named applicant/investor shouldsubmit any one of the following documents i.e. a copy of the bank passbookor a statement of bank account or a letter from the bank on its letterheadcertifying the investors bank account details (Account Number, Type,Branch, MICR Code). For other mode of payment for SIP and further details,please refer to the section 'Third Party Payments' under the Instructionsin the Key Information Memorandum and section 'How to Apply' underStatement of Addit ional Information avai lable on our websitewww.hdfcfund.com.
e. SIP TSIP TSIP TSIP TSIP Top-up Facility:op-up Facility:op-up Facility:op-up Facility:op-up Facility:1. SIP Top-up is a facility wherein an investor who wishes to enrol for
SIP, has an option to increase the amount of the SIP installment by afixed amount at pre-defined intervals. The SIP Top-up amount shouldbe filled in the SIP Enrolment Form itself.
2. The SIP Top-up amount should be in multiples of R 500 only.3. Monthly SIP offers top-up frequency at half yearly and yearly intervals.
Quarterly SIP offers top-up frequency at yearly intervals only. In casethe top-up frequency is not indicated under Monthly SIP, it will beconsidered as yearly interval.
f. (i)(i)(i)(i)(i) SIP Payment through Electronic Clearing Service (ECS) (Debit Clearing)SIP Payment through Electronic Clearing Service (ECS) (Debit Clearing)SIP Payment through Electronic Clearing Service (ECS) (Debit Clearing)SIP Payment through Electronic Clearing Service (ECS) (Debit Clearing)SIP Payment through Electronic Clearing Service (ECS) (Debit Clearing)of the Reserve Bank of India (RBI) - of the Reserve Bank of India (RBI) - of the Reserve Bank of India (RBI) - of the Reserve Bank of India (RBI) - of the Reserve Bank of India (RBI) - Investors / Unit holders may alsoenroll for SIP Auto Debit facility through ECS (Debit Clearing) of the RBI.List of Cities for SIP Auto Debit Facility via ECS (Debit Clearing) shouldconform to the ECS Debit locations approved by RBI. The same isavailable on www.rbi.org.in and on our website www.hdfcfund.com
This facility is offered only to the investors having bank accounts inselect cities.
The bank account provided for ECS (Debit) should participate in localMICR clearing.
SIP auto debit facility is available only on specific dates of the monthas under :
The investor agrees to abide by the terms and conditions of ECS facilityof RBI.
(ii)(ii)(ii)(ii)(ii) SIP payment through Direct Debit FacilitySIP payment through Direct Debit FacilitySIP payment through Direct Debit FacilitySIP payment through Direct Debit FacilitySIP payment through Direct Debit FacilityInvestors / Unit holders may enroll for SIP Direct Debit Facility availablewith the following banks / branches
BanksBanksBanksBanksBanks BranchesBranchesBranchesBranchesBranchesAxis Bank Limited, IDBI Bank Limited, Kotak AllMahindra Bank Limited, IndusInd Bank Limited, BranchesState Bank of India and Union Bank of IndiaBank of India, Bank of Baroda and SelectPunjab National Bank Branches
This facility is offered only to the investors having bank accountsin select banks / branches eligible for this facility.
This facility is available on all SIP dates of a month / quarter.
(iii)(iii)(iii)(iii)(iii) SIP payment through Standing InstructionSIP payment through Standing InstructionSIP payment through Standing InstructionSIP payment through Standing InstructionSIP payment through Standing Instruction
Payment may also be accepted by direct debits to unit holders’ bankaccounts. For this purpose, unit holders are required to give standinginstructions to their bankers (with whom HDFC Mutual Fund may havean arrangement from time to time) to debit their bank accounts atperiodic intervals and credit the subscription proceeds to the HDFCMutual Fund bank account. Currently, the arrangement for direct debitfacility is with:
Axis Bank Dhanlaxmi Bank Ltd. HDFC Bank ICICI Bank INGVysya Bank Royal Bank of Scotland NV South Indian Bank This facility is offered only to the investors having bank accounts
in the above mentioned Banks. This facility is available on all SIP dates of a month / quarter.
The cities / banks / branches in the list may be modified/updated/changed/removed at any time in future entirely at the discretion of HDFC MutualFund / HDFC Asset Management Company Limited without assigning anyreasons or prior notice. If any city / bank / branch is removed, SIPinstructions for investors in such city / bank / branch via (ECS) (DebitClearing) / Direct Debit / Standing Instruction route will be discontinuedwithout prior notice. Please contact the nearest Investor Service CentrePlease contact the nearest Investor Service CentrePlease contact the nearest Investor Service CentrePlease contact the nearest Investor Service CentrePlease contact the nearest Investor Service Centreof HDFC Mutual Fund for updated list.of HDFC Mutual Fund for updated list.of HDFC Mutual Fund for updated list.of HDFC Mutual Fund for updated list.of HDFC Mutual Fund for updated list.
8. Units will be allotted on the applicable dates. In case the date falls on a Non-Business Day or falls during a book closure period, the immediate next BusinessDay will be considered for the purpose of determining the applicability of NAVsubject to the realization of proceeds. Further, in case of first SIP investmentaccepted through cheque drawn on a location where ISCs of HDFC MutualFund does not have a presence but HDFC Bank has a presence, units will beallotted on the date on which subscription proceeds are realized.
9. The first SIP cheque should be drawn in favour of 'the Specific Scheme A/cPermanent Account Number' or 'the Specific Scheme A/c First Investor Name'(e.g. In case of HGF the cheque should be drawn in favour of "HDFC GrowthFund A/c ABCDE1234F" OR "HDFC Growth Fund A/c Bhavesh Shah"; in caseof HDFC Index Fund, HDFC MF Monthly Income Plan the name of the respectivePlan should also be mentioned) and crossed "Account Payee only". Unit holdersmust write the SIP Enrolment Form number, if any, on the reverse of thecheque.
10. An Account Statement will be issued by mail or by e-mail (if opted by the unitholder) to the unit holder within 10 Business Days for the first investmentthrough SIP. The subsequent account statement will be despatched once everyquarter ending March, June, September and December within 10 BusinessDays of the end of respective quarter. In case of specific request receivedfrom investors, Mutual Fund will provide the account statement to the investorswithin 5 Business Days from the receipt of such request without any charges.
11. You can choose to change your bank account or discontinue the SIP facility bygiving thirty days written notice to any of our Investor Service Centres. ForSIP cancellation request, please mention the SIP start date as mentioned atthe time of registration.
12. The SIP enrollment will be discontinued in cases where three consecutive SIPinstallments are not honored or the Bank Account [for ECS (Debit clearing)/Direct Debit / Standing Instruction] is closed and request for change in bankaccount [for ECS (Debit clearing) / Direct Debit / Standing Instruction] is notsubmitted at least 30 days before the next SIP Auto Debit.
13. Units of HDFC Long Term Advantage Fund and HDFC TaxSaver cannot beassigned / transferred / pledged / redeemed / switched - out until completionof 3 years from the date of allotment of the respective units. Units of HDFCChildren's Gift Fund (subject to lock-in period) cannot be redeemed / switched- out until the Unitholder (being the beneficiary child) attains 18 years of age ortill completion of 3 years from the date of allotment, whichever is later.
14. Permanent Account Number (PPermanent Account Number (PPermanent Account Number (PPermanent Account Number (PPermanent Account Number (PAN)AN)AN)AN)AN)
SEBI has made it mandatory for all applicants (in the case of application in jointnames, each of the applicants) to mention his/her permanent account number(PAN) irrespective of the amount [Except for SIP upto R 50,000/- per year perinvestor (Micro SIP)]. Where the applicant is a minor, and does not posses his/ her own PAN, he / she shall quote the PAN of his/ her father or mother or theguardian, as the case may be. Applications not complying with the aboverequirement may not be accepted/ processed. PAN card copy is not requiredseparately if KYC acknowledgement issued by CVL is made available.
For further details, please refer Section 'Permanent Account Number'under Statement of Additional Information available on our websitewww.hdfcfund.com.
15. Know Your Customer (KYC) Compliance: Investors should note that it ismandatory for all registrations for Systematic Investment Plan (SIP) to quotethe KYC Compliance Status of each applicant (guardian in case of minor) in theapplication and attach proof of KYC Compliance viz. KYC AcknowledgementLetter / Printout of KYC Compliance Status downloaded from CDSL VenturesLtd. (CVL) website (www.cvlindia.com) using the PAN. For more details, pleaserefer to the Statement of Additional Information available on our websitewww.hdfcfund.com
16 a. Investors will not hold HDFC Mutual Fund / HDFC Asset ManagementCompany Limited (HDFC AMC), its registrars and other service providersresponsible if the transaction is delayed or not effected or the investorbank account is debited in advance or after the specific SIP date due tolocal holidays or any other reason.
b. HDFC Mutual Fund / HDFC AMC, its registrars and other service providersshall not be responsible and liable for any damages/compensation for anyloss, damage etc. incurred by the investor. The investor assumes the entirerisk of using this facility and takes full responsibility.
c. HDFC Mutual Fund / HDFC AMC reserves the right to reject any applicationwithout assigning any reason thereof.
d. The SIP Auto Debit facility is subject to the terms and conditions of theBanks offering the said facility and the Investors will not hold HDFC MutualFund / HDFC AMC responsible for any rejection.
17. The Trustee reserves the right to change/modify the terms and conditions of theSIP.
SIP TERMS & CONDITIONS FOR ECS (DIRECT CLEARING) / DIRECT DEBIT FACILITY / STSIP TERMS & CONDITIONS FOR ECS (DIRECT CLEARING) / DIRECT DEBIT FACILITY / STSIP TERMS & CONDITIONS FOR ECS (DIRECT CLEARING) / DIRECT DEBIT FACILITY / STSIP TERMS & CONDITIONS FOR ECS (DIRECT CLEARING) / DIRECT DEBIT FACILITY / STSIP TERMS & CONDITIONS FOR ECS (DIRECT CLEARING) / DIRECT DEBIT FACILITY / STANDING INSTRUCTIONANDING INSTRUCTIONANDING INSTRUCTIONANDING INSTRUCTIONANDING INSTRUCTION1. SIP is available to investors in the following Scheme(s) of HDFC Mutual Fund:
HDFC Growth Fund, HDFC Equity Fund, HDFC Top 200 Fund, HDFC CapitalBuilder Fund, HDFC Index Fund, HDFC Children’s Gift Fund, HDFC BalancedFund, HDFC Prudence Fund, HDFC Long Term Advantage Fund*, HDFCTaxSaver*, HDFC MF Monthly Income Plan (an open-ended income scheme.Monthly income is not assured and is subject to availability of distributablesurplus), HDFC Core & Satellite Fund, HDFC Premier Multi-Cap Fund, HDFCMid-Cap Opportunit ies Fund, HDFC Long Term Equity Fund, HDFCInfrastructure Fund, HDFC Multiple Yield Fund, HDFC Arbitrage Fund, HDFCIncome Fund, HDFC High Interest Fund, HDFC Short Term Plan, HDFC ShortTerm Opportunities Fund, HDFC Medium Term Opportunities Fund, HDFC CashManagement Fund- Treasury Advantage Plan, HDFC Gilt Fund, HDFC FloatingRate Income Fund and HDFC Multiple Yield Fund- Plan 2005.
*an open-ended equity linked savings scheme with a lock-in period of 3 years
The above list is subject to change from time to time. Please contact theThe above list is subject to change from time to time. Please contact theThe above list is subject to change from time to time. Please contact theThe above list is subject to change from time to time. Please contact theThe above list is subject to change from time to time. Please contact thenearest Investor Service Centre (ISC) of HDFC Mutual Fund for updated list.nearest Investor Service Centre (ISC) of HDFC Mutual Fund for updated list.nearest Investor Service Centre (ISC) of HDFC Mutual Fund for updated list.nearest Investor Service Centre (ISC) of HDFC Mutual Fund for updated list.nearest Investor Service Centre (ISC) of HDFC Mutual Fund for updated list.
2. The SIP Enrolment Form should be completed in English and in Block Lettersonly. Please tick ( ) in the appropriate box ( ), where boxes have beenprovided. The SIP Enrolment Form complete in all respects, should besubmitted at any of the Investor Service Centres (ISCs) of HDFC Mutual Fundor at the Official Points of Acceptance of Transactions of Computer AgeManagement Services Pvt Ltd. (CAMS).
In case SIP investments are made through 'Third Party Payments' i.e.In case SIP investments are made through 'Third Party Payments' i.e.In case SIP investments are made through 'Third Party Payments' i.e.In case SIP investments are made through 'Third Party Payments' i.e.In case SIP investments are made through 'Third Party Payments' i.e.payment made through an instrument issued from a bank account otherpayment made through an instrument issued from a bank account otherpayment made through an instrument issued from a bank account otherpayment made through an instrument issued from a bank account otherpayment made through an instrument issued from a bank account otherthan that of the first named applicant/ investor mentioned in the applicationthan that of the first named applicant/ investor mentioned in the applicationthan that of the first named applicant/ investor mentioned in the applicationthan that of the first named applicant/ investor mentioned in the applicationthan that of the first named applicant/ investor mentioned in the applicationform, Investors are required to additionally fill up & submit the 'Third Partyform, Investors are required to additionally fill up & submit the 'Third Partyform, Investors are required to additionally fill up & submit the 'Third Partyform, Investors are required to additionally fill up & submit the 'Third Partyform, Investors are required to additionally fill up & submit the 'Third PartyPayment Declaration Form' (available at any of our ISCs or on our websitePayment Declaration Form' (available at any of our ISCs or on our websitePayment Declaration Form' (available at any of our ISCs or on our websitePayment Declaration Form' (available at any of our ISCs or on our websitePayment Declaration Form' (available at any of our ISCs or on our websitewwwwwwwwwwwwwww.hdfcfund.com) along with the SIP Enrolment Form..hdfcfund.com) along with the SIP Enrolment Form..hdfcfund.com) along with the SIP Enrolment Form..hdfcfund.com) along with the SIP Enrolment Form..hdfcfund.com) along with the SIP Enrolment Form.
This Form is not applicable for investments through Micro SystematicThis Form is not applicable for investments through Micro SystematicThis Form is not applicable for investments through Micro SystematicThis Form is not applicable for investments through Micro SystematicThis Form is not applicable for investments through Micro SystematicInvestment Plan (Micro SIP) i.e. upto Investment Plan (Micro SIP) i.e. upto Investment Plan (Micro SIP) i.e. upto Investment Plan (Micro SIP) i.e. upto Investment Plan (Micro SIP) i.e. upto RRRRR 50,000 per year per investor 50,000 per year per investor 50,000 per year per investor 50,000 per year per investor 50,000 per year per investor. For. For. For. For. Forinvestment through Micro SIP investor is required to fill up Micro SIP Enrolmentinvestment through Micro SIP investor is required to fill up Micro SIP Enrolmentinvestment through Micro SIP investor is required to fill up Micro SIP Enrolmentinvestment through Micro SIP investor is required to fill up Micro SIP Enrolmentinvestment through Micro SIP investor is required to fill up Micro SIP EnrolmentForm available at any of our ISCs or on our website Form available at any of our ISCs or on our website Form available at any of our ISCs or on our website Form available at any of our ISCs or on our website Form available at any of our ISCs or on our website wwwwwwwwwwwwwww.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.hdfcfund.com.....
3. a. Existing unit holders in Scheme(s) of HDFC Mutual Fund are required tosubmit only the SIP Enrolment Form. Existing unit holders should providetheir Folio Number. Unitholders’ details and mode of holding (single, jointly,anyone or survivor) will be as per the existing folio number and wouldprevail over any conflicting information furnished in this form. Unitholdersname should match with the details in the existing folio number, failingwhich the application form is liable to be rejected.
b. Signature(s) should be as it appears on the Application Form / Folio and inthe same order. In case the mode of holding is joint, all unitholders arerequired to sign.
4. a. New investors who wish to enroll for SIP are required to fill the (i) SIPEnrolment Form Investments through ECS/ Direct Debit Facility / StandingInstruction (ii) the respective Scheme Application Form (included in theKey Information Memorandum) along with / without the initial investmentinstrument. New investors are advised to read the Scheme InformationDocument(s) and Statement of Additional Information carefully beforeinvesting. The Scheme Information Document(s) / Key InformationMemorandum(s) and Statement of Additional information are available withthe ISCs of HDFC Mutual Fund, brokers/distributors and also displayed atthe HDFC Mutual Fund website i.e. www.hdfcfund.com
b. New investors can apply for SIP in to respective Scheme / Plans / Optionswithout any existing investment / folio.
The provision for ‘Minimum Application Amount’ ‘Minimum Application Amount’ ‘Minimum Application Amount’ ‘Minimum Application Amount’ ‘Minimum Application Amount’ specified in the respectiveScheme Information Document will not be applicable for SIP investments.e.g. the minimum application amount for new investors in HDFC EquityFund - Growth Option is R 5,000/-. However, in case of SIP investments,an investor can enter the Scheme with minimum amount of R 500/-.
5. SIP offers investors the following two Plans (Frequency):
i)i)i)i)i) Monthly Systematic Investment Plan (MSIP)Monthly Systematic Investment Plan (MSIP)Monthly Systematic Investment Plan (MSIP)Monthly Systematic Investment Plan (MSIP)Monthly Systematic Investment Plan (MSIP)
ii)ii)ii)ii)ii) Quarterly Systematic Investment Plan (QSIP)Quarterly Systematic Investment Plan (QSIP)Quarterly Systematic Investment Plan (QSIP)Quarterly Systematic Investment Plan (QSIP)Quarterly Systematic Investment Plan (QSIP)
6. (i) The details of minimum amount per cheque, minimum number of cheques,duration, entry load, exit load, etc. are given below:
Schemes other thanSchemes other thanSchemes other thanSchemes other thanSchemes other than HDFC THDFC THDFC THDFC THDFC TaxSaver* andaxSaver* andaxSaver* andaxSaver* andaxSaver* andHDFC THDFC THDFC THDFC THDFC TaxSaver* and HDFCaxSaver* and HDFCaxSaver* and HDFCaxSaver* and HDFCaxSaver* and HDFC HDFC Long THDFC Long THDFC Long THDFC Long THDFC Long TermermermermermLong TLong TLong TLong TLong Term Advantage Fund*erm Advantage Fund*erm Advantage Fund*erm Advantage Fund*erm Advantage Fund* Advantage Fund*Advantage Fund*Advantage Fund*Advantage Fund*Advantage Fund*
i)i)i)i)i) Minimum Amount per InstallmentMinimum Amount per InstallmentMinimum Amount per InstallmentMinimum Amount per InstallmentMinimum Amount per Installment
MSIPMSIPMSIPMSIPMSIP R 500/- and in multiples of R 100/- R 500/- and in multiplesof R 500/- thereafter
QSIPQSIPQSIPQSIPQSIP R 1,500/- and in multiples of R 100/- R 1,500/- and in multiplesof R 500/- thereafter.
ii)ii)ii)ii)ii) TTTTTotal Minimum Number of Installmentsotal Minimum Number of Installmentsotal Minimum Number of Installmentsotal Minimum Number of Installmentsotal Minimum Number of Installments
MSIPMSIPMSIPMSIPMSIP In respect of each SIP Installment less 6 Installmentsthan R 1,000/- in value: 12 Installments In respect of each SIP Installment equal
to or greater than R 1,000/ -in value: 6 Installments
QSIPQSIPQSIPQSIPQSIP In respect of each SIP Installment less 2 Installmentsthan R 3,000/- in value: 4 Installments In respect of each SIP Installment equal
to or greater than R 3,000/-in value: 2 Installments
*open-ended equity linked savings scheme with a lock-in period of 3 years
(ii) There is no maximum duration for SIP enrolment. However, SIPs will beregistered in a folio held by a minor only till the date of the minor attainingmajority, even though the instructions may be for a period beyond thatdate. The SIP facility will automatically stand terminated upon the UnitHolder attaining 18 years of age.
An investor has an option to choose the 'End Date' of the SIP by filling thedate or by selecting the Default Date i.e. December 2031.
(iii) In respect of SIP enrollments, the Load Structure prevalent at the time ofenrollment shall govern the investors during the tenure of the SIP.
The Load Structure for investments through SIP is as follows
Name and AMFI Reg. No. (ARN)Name and AMFI Reg. No. (ARN)Name and AMFI Reg. No. (ARN)Name and AMFI Reg. No. (ARN)Name and AMFI Reg. No. (ARN) Sub Agent’s name and Code/Sub Agent’s name and Code/Sub Agent’s name and Code/Sub Agent’s name and Code/Sub Agent’s name and Code/Bank Branch CodeBank Branch CodeBank Branch CodeBank Branch CodeBank Branch Code
M O CodeM O CodeM O CodeM O CodeM O Code
ARN-
FOR OFFICE USE ONLFOR OFFICE USE ONLFOR OFFICE USE ONLFOR OFFICE USE ONLFOR OFFICE USE ONLYYYYYDate of Receipt Folio No. Branch Trans. No.
Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based onUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based onUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based onUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based onUpfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based onthe investors’ assessment of various factors including the service rendered by the ARN Holder.the investors’ assessment of various factors including the service rendered by the ARN Holder.the investors’ assessment of various factors including the service rendered by the ARN Holder.the investors’ assessment of various factors including the service rendered by the ARN Holder.the investors’ assessment of various factors including the service rendered by the ARN Holder. Date:
I / We have read and understood the contents of the Scheme Information Document(s) of the respective Scheme(s) and Statement of Additional Information andthe terms & conditions overleaf. I /We hereby apply to the Trustee of HDFC Mutual Fund for enrolment under the STP of the following Scheme(s)/ Plan(s) / Option(s)and agree to abide by the terms and conditions of the respective Scheme(s) / Plan(s) / Option(s). The ARN holder (AMFI registered Distributor) has disclosed to me/The ARN holder (AMFI registered Distributor) has disclosed to me/The ARN holder (AMFI registered Distributor) has disclosed to me/The ARN holder (AMFI registered Distributor) has disclosed to me/The ARN holder (AMFI registered Distributor) has disclosed to me/us all the commissions (in the form of trail commission or any other mode), payable to him/them for the different competing Schemes of various Mutual Fundsus all the commissions (in the form of trail commission or any other mode), payable to him/them for the different competing Schemes of various Mutual Fundsus all the commissions (in the form of trail commission or any other mode), payable to him/them for the different competing Schemes of various Mutual Fundsus all the commissions (in the form of trail commission or any other mode), payable to him/them for the different competing Schemes of various Mutual Fundsus all the commissions (in the form of trail commission or any other mode), payable to him/them for the different competing Schemes of various Mutual Fundsfrom amongst which the Scheme is being recommended to me/us.from amongst which the Scheme is being recommended to me/us.from amongst which the Scheme is being recommended to me/us.from amongst which the Scheme is being recommended to me/us.from amongst which the Scheme is being recommended to me/us.
First / Sole Unit Holder / Guardian Second Unit Holder Third Unit Holder
Please note : Signature(s) should be as it appears on the Application Form and in the same order.In case the mode of holding is joint, all Unit holders are required to sign.
Date:
Received from Mr./Ms./M/s. ___________________________________________ 'STP' applications(s) for transfer of Units;
from Scheme / Plan / Option _______________________________________________________________________________
to Scheme / Plan / Option __________________________________________________________________________________
3.3.3.3.3. TTTTType of STP Plan/Frequencyype of STP Plan/Frequencyype of STP Plan/Frequencyype of STP Plan/Frequencyype of STP Plan/Frequency
(Please ✓ any one)
(Refer Instruction No. 7 & 8)
SIG
NA
SIG
NA
SIG
NA
SIG
NA
SIG
NA
TU
RE
(S)
TU
RE
(S)
TU
RE
(S)
TU
RE
(S)
TU
RE
(S)
Please (✓) any one. NEW REGISTRANEW REGISTRANEW REGISTRANEW REGISTRANEW REGISTRATIONTIONTIONTIONTION CANCELLACANCELLACANCELLACANCELLACANCELLATIONTIONTIONTIONTION
ISC Name & Stamp
In case of insufficient space, please fill up separate Enrolment Forms.#Refer Instruction No. 7 (a) $Refer Instruction No. 7 (b) * Refer Instruction No. 9 overleaf + Default Frequency/Date [Refer Instruction 9(a)(v)]
ACKNOWLEDGEMENT SLIP (TACKNOWLEDGEMENT SLIP (TACKNOWLEDGEMENT SLIP (TACKNOWLEDGEMENT SLIP (TACKNOWLEDGEMENT SLIP (To be filled in by the Unit holder)o be filled in by the Unit holder)o be filled in by the Unit holder)o be filled in by the Unit holder)o be filled in by the Unit holder)
Name of the ApplicantName of the ApplicantName of the ApplicantName of the ApplicantName of the Applicant
First / Sole ApplicantFirst / Sole ApplicantFirst / Sole ApplicantFirst / Sole ApplicantFirst / Sole Applicant
Guardian Guardian Guardian Guardian Guardian (in case the First / Sole Applicant is a minor)(in case the First / Sole Applicant is a minor)(in case the First / Sole Applicant is a minor)(in case the First / Sole Applicant is a minor)(in case the First / Sole Applicant is a minor)
Second ApplicantSecond ApplicantSecond ApplicantSecond ApplicantSecond Applicant
Third ApplicantThird ApplicantThird ApplicantThird ApplicantThird Applicant
# Please attach Proof. If KYC is already validated, please don’t attach any proof. Refer Instruction 16
KYC is mandatory#KYC is mandatory#KYC is mandatory#KYC is mandatory#KYC is mandatory#
Please (Please (Please (Please (Please (✓)))))
Proof Attached
Proof Attached
Proof Attached
Proof Attached
PPPPPANANANANAN
DDDDD DDDDD MMMMM MMMMM YYYYY YYYYY YYYYY YYYYY
FSTP FSTP FSTP FSTP FSTP Amount of Transfer per Installment: R______________
Folio No. of 'TFolio No. of 'TFolio No. of 'TFolio No. of 'TFolio No. of 'Transferor' Scheme ransferor' Scheme ransferor' Scheme ransferor' Scheme ransferor' Scheme (for existing Unit holder) /Application No. Application No. Application No. Application No. Application No. (for new investor)
1. STP is a facility wherein unit holder(s) of designatedopen-ended scheme(s) of HDFC Mutual Fund(Transferor Scheme) can opt to transfer a fixedamount or capital appreciation amount at regularintervals to designated open-ended schemes) ofHDFC Mutual Fund (Transferee Scheme). Currently,the schemes eligible for this facility are as follows,
HDFC Growth Fund, HDFC Equity Fund, HDFC Top200 Fund, HDFC Capital Builder Fund, HDFC IndexFund, HDFC Balanced Fund, HDFC Prudence Fund,HDFC Long Term Advantage Fund*, HDFCTaxSaver*, HDFC MF Monthly Income Plan (an open- ended income scheme, Monthly income is notassured and is subject to availability of distributablesurplus), HDFC Core & Satellite Fund, HDFC MultipleYield Fund, HDFC Multiple Yield Fund - Plan 2005,HDFC Arbitrage Fund, HDFC Premier Multi-Cap Fund,HDFC Mid-Cap Opportunities Fund, HDFC Long TermEquity Fund, HDFC Infrastructure Fund, HDFCIncome Fund, HDFC High Interest Fund, HDFC ShortTerm Plan, HDFC Short Term Opportunities Fund,HDFC Medium Term Opportunities Fund, HDFC CashManagement Fund, HDFC Gilt Fund, HDFC FloatingRate Income Fund, HDFC Liquid Fund.
* an open-ended equity linked savings schemes witha lock-in period of 3 years. These schemes shall notbe eligible for Captial Appreciation SystematicTransfer Plan (CASTP).
The above list is subject to change from time to time.The above list is subject to change from time to time.The above list is subject to change from time to time.The above list is subject to change from time to time.The above list is subject to change from time to time.Please contact the nearest Investor Service CentrePlease contact the nearest Investor Service CentrePlease contact the nearest Investor Service CentrePlease contact the nearest Investor Service CentrePlease contact the nearest Investor Service Centre(ISC) of HDFC Mutual Fund for updated list.(ISC) of HDFC Mutual Fund for updated list.(ISC) of HDFC Mutual Fund for updated list.(ISC) of HDFC Mutual Fund for updated list.(ISC) of HDFC Mutual Fund for updated list.
2. The STP Enrolment Form should be completed inEnglish and in Block Letters only. Please tick () in
the appropriate box ( ), where boxes have beenprovided. The STP Enrolment Form complete in allrespects, should be submitted at any of the InvestorService Centres (ISCs) of HDFC Mutual Fund.
3. One STP Enrolment Form can be filled for oneScheme/Plan/ Option only.
4. Investors are advised to read the Scheme InformationDocument(s) and Statement of Additional Informationof the Transferee Scheme(s) carefully beforeinvesting. The Scheme Information Document(s) /Key Information Memorandum(s) of the respectiveScheme(s) and Statement of Additional Informationare available with the ISCs of HDFC Mutual Fund,brokers/distributors and also displayed at the HDFCMutual Fund website i.e. www.hdfdund.com.Unitholders’ names should match with the details inthe existing folio number, fail ing which, theapplication is liable to be rejected.
5. Unit holders should note that unit holders’ details andmode of holding (single, joint, anyone or survivor) inthe Transferee Scheme will be as per the existingfolio number of the Transferor Scheme, Units will beallotted under the same folio number.
6. STP offers unit holders the following two Plans:
i.i.i.i.i. Fixed Systematic TFixed Systematic TFixed Systematic TFixed Systematic TFixed Systematic Transfer Plan (FSTP)ransfer Plan (FSTP)ransfer Plan (FSTP)ransfer Plan (FSTP)ransfer Plan (FSTP)
FSTP offers transfer facility at daily, weekly,monthly and quarterly intervals and CASTP offerstransfer facility at monthly and quarterly intervals.Unit holder is free to opt for any of the Plans andalso choose the frequency of such transfers.
7. a. Under the FSTP -Daily IntervalFSTP -Daily IntervalFSTP -Daily IntervalFSTP -Daily IntervalFSTP -Daily Interval, unit holders willbe eligible to transfer a fixed amount (minimumR 500 and in multiples of R 100 thereafter forschemes other than HDFC Long Term AdvantageFund* and HDFC TaxSaver* and minimum R 500and in multiples of R 500 thereafter for HDFCTaxSaver* and HDFC Long Term AdvantageFund*) on every Business Day.
b. Under the FSTP - WFSTP - WFSTP - WFSTP - WFSTP - Weekly Intervaleekly Intervaleekly Intervaleekly Intervaleekly Interval, unit holders willbe eligible to transfer a fixed amount (minimumR 1,000 and in multiples of R 100 thereafter forschemes other than HDFC Long Term AdvantageFund* and HDFC TaxSaver* and minimum R 500and in multiples of R 500 thereafter for HDFCTaxSaver* and HDFC Long Term AdvantageFund*) on every Friday (If Friday is a Non-BusinessDay, then the immediate next Business Day).
c. Under the FSTP - Monthly IntervalFSTP - Monthly IntervalFSTP - Monthly IntervalFSTP - Monthly IntervalFSTP - Monthly Interval, unit holderswill be eligible to transfer a fixed amount(minimum R 1,000 and in multiples of R 100thereafter for schemes other than HDFCTaxSaver* and HDFC Long Term Advantage Fund*
and minimum R 500 and in multiples of R 500thereafter for HDFC TaxSaver* and HDFC LongTerm Advantage Fund*) on the 1st, 5th, 10th, 15th,20th or 25th of each month.
d. Under the FSTP - Quarterly IntervalFSTP - Quarterly IntervalFSTP - Quarterly IntervalFSTP - Quarterly IntervalFSTP - Quarterly Interval, unit holderswill be eligible to transfer a fixed amount(minimum R 3,000 and in multiples of R 100thereafter for schemes other than HDFCTaxSaver* and HDFC Long Term Advantage Fund*and minimum R 500 and in multiples of R 500thereafter for HDFC TaxSaver* and HDFC LongTerm Advantage Fund*) on the 1st, 5th, 10th, 15th,20th or 25th of the first month of each quarter.The beginning of the quarter could be of anymonth e.g. April, August, October, November, etc.
In case there is no minimum amount (as specifiedabove under each Option) available in the unitholder’s account, the residual amount will betransferred to the Transferee Scheme and accountclosed.
If STP date is a non-Business Day, then the nextBusiness Day shall be the STP Date and the samewill be considered for the purpose of determiningthe applicability of NAV.
Unit holders should be aware that if they decide totake up this facility, there is possibility of erosion ofcapital e.g. If the unit holder decides to transferR 3,000 every quarter and the appreciation is R 2,500,then such transfer proceeds will comprise of Rs 2,500from the capital appreciation and R 500 from the unitholder’s capital amount.
*an open-ended equity linked savings scheme witha lock-in period of 3 years.
8. Under the CASTP- Monthly IntervalCASTP- Monthly IntervalCASTP- Monthly IntervalCASTP- Monthly IntervalCASTP- Monthly Interval, unit holders willbe eligible to transfer the entire capital appreciationamount (minimum R 300) by way of capitalappreciation on the 1st, 5th, 10th, 15th, 20th or 25thof each month. Under the CASTP-Quarterly IntervalCASTP-Quarterly IntervalCASTP-Quarterly IntervalCASTP-Quarterly IntervalCASTP-Quarterly Interval,unit holders will be eligible to transfer the entirecapital appreciation amount (minimum R 1,000) byway of capital appreciation on the 1st, 5th, 10th, 15th,20th or 25th of the first month of each quarter. Thebeginning of the quarter could be of any month e.g.April, August, October, November, etc. Please notethat no transfers will take place if there is no minimumcapital appreciation amount (except for last transferleading to closure of account). The capitalappreciation, if any, will be calculated from theenrolment date of the CASTP under the folio, till thefirst transfer date. Subsequent capital appreciation,if any, will be the capital appreciation between theprevious CASTP date (where redemption has beenprocessed and paid) and the next CASTP date e.g. ifthe appreciation is R 3,500 in the first quarter andR 3,000 in the second quarter, the unit holder willreceive only the appreciation i.e. R 3,500 in the firstquarter and R 3,000 in the second quarter.
9 a. i) The minimum number of installments underDaily FSTP is as follows:
For schemes other than HDFC TaxSaver*and HDFC Long Term Advantage Fund*:
where installment amount is less thanR 1,000/- : 12
where installment amount is equal toor greater than R 1,000/- : 6
For HDFC TaxSaver* and HDFC Long TermAdvantage Fund*, 6
* an open-ended equity linked savings schemewith a lock-in period of 3 years.
(ii) There should be a minimum of 6 Installmentsfor enrolment under Weekly FSTP, MonthlyFSTP and CASTP and 2 installments forQuarterly FSTP and CASTP.
(iii) Also, the minimum unit holder’s accountbalance or a minimum amount of applicationat the time of STP enrolment in the TransferorScheme should be R 12,000.
(iv) In case of FSTP Daily / Weekly Interval andMonthly/ Quarterly Interval, Unitholders arerequired to fill in the number of installmentsand the enrolment period respectively in theEnrollment Form, failing which the Form isliable to be rejected.
(v) In case, the Enrolment Period has been filled,but the STP Date and/or Frequency (Monthly/Quarterly) has not been indicated, Monthlyfrequency shall be treated as Defaultfrequency and 10th shall be treated as DefaultDate.
b. In case of FSTP - Daily and Weekly Interval, thecommencement date shall be within 15 days fromthe date of receipt of a valid request. FSTP - Weeklywill be registered effective from first Friday (ifFriday is not a Business Day, then immediatelysucceeding Business Day) after 10 days from thedate of receipt of the valid STP Enrolment Form.
c. The application for enrollment for FSTP - Monthly& Quarterly Interval and CASTP - Monthly &Quarterly Interval should be submitted at least 10Days before the commencement date of the same.However, there should be a maximum gap of 30days between the submission of a valid STPrequest and commencement date of the same.
d. There will be no maximum duration for STPenrolment. However, STPs will be registered in afolio held by a minor, only till the date of the minorattaining majority, even though the instructionsmay be for a period beyond that date. The STPfacility will automatically stand terminated upon theUnit Holder attaining 18 years of age.
10. In respect of STP enrollments made in the above-mentioned Scheme(s), the Load Structure prevalentat the time of enrollment shall govern the investorsduring the tenure of the STP.
Load structure for investments through STP to theSchemes eligible for this facility:
Exit Load of the TExit Load of the TExit Load of the TExit Load of the TExit Load of the Transferor Scheme(s):ransferor Scheme(s):ransferor Scheme(s):ransferor Scheme(s):ransferor Scheme(s):
The amount transferred under the STP from theTransferor Scheme to the Transferee Scheme shallbe effected by redeeming units of Transferor Schemeat applicable NAV, after payment of any Exit Loadafter payment of any Exit Loadafter payment of any Exit Loadafter payment of any Exit Loadafter payment of any Exit Load, ifany, and subscribing to the units of the TransfereeScheme at Applicable NAV.
Exit Load of the TExit Load of the TExit Load of the TExit Load of the TExit Load of the Transferee Scheme(s):ransferee Scheme(s):ransferee Scheme(s):ransferee Scheme(s):ransferee Scheme(s):
Applicable Exit Load, if any, in the TransfereeScheme / Plan / Option as on the date of enrollmentwill also be levied.
For Scheme load structureFor Scheme load structureFor Scheme load structureFor Scheme load structureFor Scheme load structure please refer to KeyInformation Memorandum or contact the nearestInvestor Service Centre (ISC) of HDFC Mutual Fundor visit our website www.hdfcfund.com.
11. STP will be automatically terminated if all units areliquidated or withdrawn from the Transferor Schemeor pledged or upon receipt of intimation of death ofthe unit holder.
12. The provision of ‘Minimum Redemption Amount’‘Minimum Redemption Amount’‘Minimum Redemption Amount’‘Minimum Redemption Amount’‘Minimum Redemption Amount’ asspecified in the Scheme Information Document(s) ofthe respective designated Transferor Schemes and‘Minimum Application Amount’ ‘Minimum Application Amount’ ‘Minimum Application Amount’ ‘Minimum Application Amount’ ‘Minimum Application Amount’ specified in theScheme Information Document(s) of the respectivedesignated Transferee Schemes will not be applicablefor STP.
13. An Account Statement will be issued by mail or by e-mail (if opted by the unit holder) to the unit holderwithin 10 Business Days for the first investmentthrough STP. The subsequent account statement willbe despatched once every quarter ending March,June, September and December within 10 BusinessDays of the end of respective quarter. In case ofspecific request received from investors, MutualFund will provide the account statement to theinvestors within 5 Business Days from the receipt ofsuch request without any charges.
14. Unit holders will have the right to discontinue theSTP facility at any time by sending a written requestto the ISC. Notice of such discontinuance should bereceived at least 10 days prior to the due date of thenext transfer date. On receipt of such request, theSTP facility will be terminated.
15. Units of HDFC Long Term Advantage Fund and HDFCTaxSaver cannot be assigned / transferred / pledged /redeemed / switched - out until completion of 3 yearsfrom the date of allotment of the respective units.
16. Know Your Customer (KYC) Compliance: Investorsshould note that it is mandatory for all registrationsfor Systematic Transfer Plan (STP) to quote theKYC Compliance Status of each applicant (guardianin case of minor) in the application and attachproof of KYC Compliance viz. KYC AcknowledgementLetter / Printout of KYC Compliance Statusdownloaded from CDSL Ventures Ltd. (CVL)website (www.cvlindia.com) using the PAN. For moredetails, please refer to the Statement ofAdditional Information available on our websitewww.hdfcfund.com
17. The Trustee reserves the right to change/modify theterms and conditions of the STP.
I / We have read and understood the contents of the Scheme Information Document(s) of the respective Scheme(s) and the Statement of Additional Information and the terms & conditions overleaf. I / We hereby apply to the Trustee of HDFC Mutual Fund for enrolment under the Flex STP of the following Scheme(s) / Plan(s) / Option(s) and agree to abide by the terms and conditions of the respective Scheme(s) / Plan(s) / Option(s). The ARN holder (AMFI registered Distributor) has disclosed to me/us all the commissions (in the form of trail commission or any other mode), payable to him/them for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us.
KEY PARTNER / AGENT INFORMATION FOR OFFICE USE ONLYSub Agent's Name and Code/
Bank Branch CodeName and AMFI Reg. No. (ARN) M O Code
Date:
Name of the Applicant
Particulars
1. Folio No. of 'Transferor' Scheme (for existing Unit holder) / Application No. (for new investor)
2. Name of 'Transferor' Scheme/Plan/Option
3. Name of 'Transferee' Scheme/Plan/Option
4. Amount and Frequency of Flex STP(please any one)
F FLEX
S SYSTEMATIC
T TRANSFER
P PLAN
Daily# Weekly$ Monthly+ Quarterly
(ONLY GROWTH OPTION)
1st 5th 15th 20th 25th10th+
First/Sole Unit holder / Guardian Second Unit holder Third Unit holder
Please note: Signature(s) should be as it appears on the Application Form and in the same order.In case the mode of holding is joint, all Unit holders are required to sign.
In case of insufficient space, please fill up separate Enrolment Forms.# Refer Instruction No.8(a) $ Refer Instruction No.8(b) * Refer Instruction No.9 + Default Frequency/Date [Refer Instruction 9(h)]
# Please attach Proof. If KYC is already validated, please don’t attach any proof. Refer Instruction 16
Date :
Received from Mr./Ms.M/s ‘Flex STP’ application(s) for transfer of Units;
From Scheme / Plan / Option
To Scheme / Plan / Option
HDFC FLEX SYSTEMATIC TRANSFER PLAN
Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on the investors’ assessment of various factors including the service rendered by the ARN Holder.
No. of Installments:*
_______________
Enrolment Period*:
Date of Transfer (Please any one)
Amount of Transfer per Installment: Rs.______________
From :
To :
NEW REGISTRATIONPlease ( ) any one CANCELLATION
KYC is Mandatory #Please ( )
PAN
First / Sole Applicant Proof Attached
Guardian (in case the First / Sole Applicant is a minor)
Second Applicant
Third Applicant
D D M M Y Y Y Y
M M Y Y Y Y
M M Y Y Y Y
Proof Attached
Proof Attached
Proof Attached
1. HDFC Flex Systematic Transfer Plan (“Flex STP”) is a facilitywherein unit holder(s) of designated open-ended Scheme(s)of HDFC Mutual Fund can opt to transfer variable amount(s)linked to value of investments under Flex STP on the date oftransfer at pre-determined intervals from designated open-ended Scheme(s) of HDFC Mutual Fund [hereinafter referredto as “Transferor Scheme”] to the growth option ofdesignated open-ended Scheme(s) of HDFC Mutual Fund[hereinafter referred to as “Transferee Scheme”].Currently, the Scheme(s) eligible for this facility are as follows:HDFC Growth Fund, HDFC Equity Fund, HDFC Top 200 Fund,HDFC Capital Builder Fund, HDFC Index Fund, HDFC BalancedFund, HDFC Prudence Fund, HDFC MF Monthly Income Plan(an open - ended income scheme. Monthly income is notassured and is subject to availability of distributablesurplus), HDFC Core & Satellite Fund, HDFC Premier Multi-Cap Fund, HDFC Mid-Cap Opportunities Fund, HDFC Long TermEquity Fund, HDFC Infrastructure Fund, HDFC Income Fund,HDFC High Interest Fund, HDFC Short Term Plan, HDFC ShortTerm Opportunities Fund, HDFC Medium Term OpportunitiesFund, HDFC Cash Management Fund, HDFC Gilt Fund, HDFCFloating Rate Income Fund and HDFC Liquid Fund.The above list is subject to change from time totime. Please contact the nearest Investor ServiceCentre (ISC) of HDFC Mutual Fund for updated list.
2. HDFC Flex STP Enrollment Form should be completed in Englishand in Block Letters only. Please tick () in the appropriatebox ( ), where boxes have been provided. The FlexSTP Enrollment Form complete in all respects, should besubmitted at any of the Investor Service Centres (ISCs) of HDFCMutual Fund.
3. One Flex STP Enrollment Form can be filled for transfer intoone Scheme/Plan/Option only.
4. In case of valid enrollment forms received, indicating choice ofoption other than the growth option in the Transferee Scheme,it will be deemed as the growth option in theTransferee Scheme and processed accordingly.
5. Investors are advised to read the Scheme InformationDocument(s) of the Transferee Scheme(s) and Statement ofAdditional Information carefully before investing. The SchemeInformation Document(s)/ Statement of Additional Information/ Key Information Memorandum(s) of the respective Scheme(s)are available with the ISCs of HDFC Mutual Fund, brokers/distributors and also displayed at the HDFC Mutual Fundwebsite i.e. www.hdfcfund.com.
6. Unit holders should note that unit holders’ details and modeof holding (single, jointly, anyone or survivor) in the TransfereeScheme will be as per the existing folio number of the TransferorScheme. Units will be allotted under the same folio number.Unitholders’ name should match with the details in the existingfolio number, failing which the enrollment form is liable to berejected.
7. Flex STP offers transfer facility at daily, weekly, monthly andquarterly intervals. Unit holder is free to choose the frequencyof such transfers.
8.a. Under the Flex STP - Daily Interval, unit holders will beeligible to transfer {fixed amount to be transferred perinstallment or the amount as determined by the followingformula [(fixed amount to be transferred per installment Xnumber of installments including the current installment) -market value of the investments through Flex STP in theTransferee Scheme on the date of transfer] whichever ishigher} on every Business Day. In case the amount (asspecified above) to be transferred is not available in theTransferor Scheme in the unit holder’s account, the residualamount will be transferred to the Transferee Scheme and FlexSTP will be closed.
b. Under the Flex STP - Weekly Interval, unit holderswill be eligible to transfer {fixed amount to be transferredper installment or the amount as determined by the followingformula [(fixed amount to be transferred per installmentX number of installments including the current installment)- market value of the investments through Flex STP in theTransferee Scheme on the date of transfer] whichever ishigher} on every Friday. In case the amount (as specifiedabove) to be transferred is not available in the TransferorScheme in the unit holder’s account, the residual amountwill be transferred to the Transferee Scheme and Flex STPwill be closed.
c. Under the Flex STP - Monthly Interval, unit holders willbe eligible to transfer {fixed amount to be transferred perinstallment or the amount as determined by the followingformula [(fixed amount to be transferred per installment Xnumber of installments including the current installment) -market value of the investments through Flex STP in theTransferee Scheme on the date of transfer] whichever ishigher} on the 1st, 5th, 10th, 15th, 20th or 25th of each month.In case the amount (as specified above) to be transferred isnot available in the Transferor Scheme in the unit holder’saccount, the residual amount will be transferred to theTransferee Scheme and Flex STP will be closed.
d. Under the Flex STP - Quarterly Interval, unit holderswill be eligible to transfer {fixed amount to be transferred perinstallment or the amount as determined by the followingformula [(fixed amount to be transferred per installment Xnumber of installments including the current installment) -market value of the investments through Flex STP in theTransferee Scheme on the date of transfer] whichever is
TERMS & CONDITIONS / INSTRUCTIONSTERMS & CONDITIONS / INSTRUCTIONSTERMS & CONDITIONS / INSTRUCTIONSTERMS & CONDITIONS / INSTRUCTIONSTERMS & CONDITIONS / INSTRUCTIONShigher} on the 1st, 5th, 10th, 15th, 20th or 25th of the first monthof each quarter. The beginning of the quarter could be of anymonth e.g. April, August, October, November, etc. In case theamount (as specified above) to be transferred is not availablein the Transferor Scheme in the unit holder’s account, theresidual amount will be transferred to the Transferee Schemeand Flex STP will be closed.
e. In case the date of transfer falls on a Non-Business Day or fallsduring a book closure period, the immediate next BusinessDay will be considered for the purpose of determining theapplicability of NAV.
f. The first Flex STP installment will be processed for the fixedinstallment amount specified by the unitholder at the time ofenrollment. From the second Flex STP installment onwards,the transfer amount shall be computed as per formula statedabove.
g. The total Flex STP amount invested in the Transferee Schemeshall not exceed the total enrollment amount i.e. amount perinstallment X number of installments.
h. The redemption/ switch-out of units allotted in the TransfereeScheme shall be processed on First In First Out (FIFO) basis. Incase there is a redemption/ switch-out of any units allottedunder Flex STP, the balance installments under Flex STP willbe processed for the fixed installment amount specified by theunitholder at the time of enrollment subject to clause 8(g)above.
i. Illustration 1: How to calculate the transferamount?Flex STP Enrollment Details :
Transferor Scheme : HDFC Income FundTransferee Scheme : HDFC Equity Fund
- Growth OptionDate & Frequency of Flex STP : 15th date
- Monthly IntervalAmount of Transfer per Installment : R 5,000/-Number of Installments : 12Enrollment Period : January - December
2009Calculation of Flex STP installment amount on the dateof the fourth installment i.e. April 15, 2009:● Total units allotted upto the date of last installment i.e.
March 15, 2009 is assumed as 1,371.22;● The NAV of HDFC Equity Fund - Growth Option on April
15, 2009 is assumed as R 9/- per unit;● Hence the market value of the investment in the
Transferee Scheme on the date of transfer is R12,340.91[1,371.22 X 9].
The installment amount will be calculated as follows:Fixed amount specified atthe time of enrollment : R 5,000/-
orAs determined by the formula : [(5,000 X 4) – 12,340.91]
= R 7,659.09whichever is higher
Hence, on April 15, 2009, the installment amounttransferred to the Transferee Scheme will be R 7,659.09Note 1 : The Flex STP installment dates above are assumedto be Business Days.
j. Illustration 2: How to calculate the transferamount?FLEX STP Enrollment Details :
Transferor Scheme : HDFC Floating Rate IncomeFund - Short Term Plan
Transferee Scheme : HDFC MF Monthly IncomePlan - Long Term Plan- Growth Option
Date & Frequency of Flex STP : 1st date - Monthly Interval Amount of Transfer per Installment : R 5,000/- Number of Installments : 12 Enrollment Period : January - December 2009Calculation of Flex STP installment amount on the dateof the seventh installment i.e. July 1, 2009:● Total units allotted upto the date of last installment i.e.
June 1, 2009 is assumed as 4,196.43;● NAV of HDFC MF Monthly Income Plan - Long Term Plan -
Growth Option on July 1, 2009 is assumed as R 10/- perunit;
● Hence the market value of the investment in theTransferee Scheme on the date of transfer is R 41,964.29[4,196.43 X 10].
The installment amount will be calculated as follows :Fixed amount specified at thetime of enrollment : R 5,000/-
orAs determined by the formula : [(5,000 X 7) - 41,964.29]
= R – 6,964.29 whichever is higher.
Hence, on July 1, 2009, the installment amount transferredto the Transferee Scheme will be R 5,000/-.Note 1 : The Flex STP installment dates above are assumed
to be Business Days.9.a. The minimum amount per Flex STP installment is as
follows:● Flex STP - Daily Interval : R 500/- and any amount thereafter.● Flex STP - Weekly & Monthly Interval: R 1,000/- and any
amount thereafter.● Flex STP - Quarterly Interval: R 3,000/- and any amount
thereafter.b. The minimum number of installments for enrollment under Daily
Flex STP:●●●●● minimum of 12 installments where installment amount is
less than R 1,000/-.●●●●● minimum of 6 installments where installment amount is
equal to or greater than R 1,000/-.c. There should be a minimum of 6 installments for enrollment
under Weekly and Monthly Flex STP and 2 installments forQuarterly Flex STP.
d. The minimum unit holder’s account balance or a minimumamount of application at the time of Flex STP enrollment inthe Transferor Scheme should be R 12,000.
e. In case of Flex STP - Daily and Weekly Interval, thecommencement date shall be within 15 days from the date ofreceipt of a valid request.
f. The application for enrollment for Flex STP - Monthly & QuarterlyInterval should be submitted at least 10 Days before thecommencement date of the same.
g. In case of Daily / Weekly Interval and Monthly/ QuarterlyInterval, Unitholders are required to fill in the number ofinstallments and the enrollment period respectively in theEnrollment Form, failing which the form is liable to be rejected.
h. In case, the Enrolment Period has been filled, but the Flex STPDate and/or Frequency (Monthly/Quarterly) has not beenindicated, Monthly frequency shall be treated as Defaultfrequency and 10th shall be treated as Default Date.
i. There is no maximum duration for Flex STP enrollment. FlexSTPs will be registered in a folio held by a minor only till thedate of the minor attaining majority, even though theinstructions may be for a period beyond that date. The FlexSTP facility will automatically stand terminated upon the UnitHolder attaining 18 years of age.
10. In respect of Flex STP enrollments made in the above-mentionedScheme(s), the Load Structure prevalent at the time ofenrollment shall govern the investors during the tenure of theFlex STP.Load structure for investments through Flex STP to the Schemeseligible for this facility:●●●●● Exit Load of the Transferor Scheme(s)The amount transferred under the Flex STP from the TransferorScheme to the Transferee Scheme shall be effected byredeeming units of Transferor Scheme at applicable NAV, afterpayment of any Exit Load, if any, and subscribing tothe units of the Transferee Scheme at Applicable NAV.●●●●● Exit Load of the Transferee Scheme(s)Applicable Exit Load, if any, in the Transferee Scheme / Plan /Option as on the date of enrollment will also be levied.For Scheme load structure please refer to KeyInformation Memorandum or contact the nearest InvestorService Centre (ISC) of HDFC Mutual Fund or visit our websitewww.hdfcfund.com.
11. Flex STP will be automatically terminated if all units areliquidated or withdrawn from the Transferor Scheme or pledgedor upon receipt of intimation of death of the unit holder.
12. The provision of ‘Minimum Redemption Amount’ asspecified in the Scheme Information Document(s) of therespective designated Transferor Scheme(s) and ‘MinimumApplication Amount’ specified in the Scheme InformationDocument(s) of the respective designated Transferee Scheme(s)will not be applicable for Flex STP.
13. An Account Statement will be issued by mail or by e-mail (ifopted by the unit holder) to the unit holder within 10 BusinessDays for the first investment through Flex STP. The subsequentaccount statement will be despatched once every quarterending March, June, September and December within 10Business Days of the end of respective quarter. In case of specificrequest received from investors, Mutual Fund will provide theaccount statement to the investors within 5 Business Days fromthe receipt of such request without any charges.
14. Unit holders will have the right to discontinue the Flex STPfacility at any time by sending a written request to the ISC.Notice of such discontinuance should be received at least7 days prior to the due date of the next transfer date. Onreceipt of such request, the Flex STP facility will be terminated.In case of Flex STP - Daily Interval, termination of Flex STP willbe effective not later than the 7th Business Day from the dateof receipt of written request.
15. HDFC Flex STP in any manner whatsoever isnot an assurance or promise or guarantee onpart of HDFC Mutual Fund/ HDFC AssetManagement Company Limited to the Unitholders in terms of returns or capital appreciationor minimization of loss of capital or otherwise.
16. Know Your Customer (KYC) Compliance: Investors should notethat it is mandatory for all registrations for Flex STP to quotethe KYC Compliance Status of each applicant (guardian in caseof minor) in the application and attach proof of KYC Complianceviz. KYC Acknowledgement Letter / Printout of KYC ComplianceStatus downloaded from CDSL Ventures Ltd. (CVL) website(www.cvlindia.com) using the PAN. For more details, pleaserefer to the Statement of Additional Information available onour website www.hdfcfund.com
17. The Trustee reserve the right to change/modify the terms andconditions of the Flex STP. The Trustee reserves the right towithdraw the Flex STP.
Continuing a tradition of trust.
Third Party Payment Declaration Form
ThirThirThirThirThird Pard Pard Pard Pard Party Payment Declaration Forty Payment Declaration Forty Payment Declaration Forty Payment Declaration Forty Payment Declaration Form m m m m should be completed in EnglishEnglishEnglishEnglishEnglish and in BLOCK LETTERSBLOCK LETTERSBLOCK LETTERSBLOCK LETTERSBLOCK LETTERS only.(Please read the Third Party Payment Rules and Instructions carefully before completing this Form)
2. THIRD P2. THIRD P2. THIRD P2. THIRD P2. THIRD PARARARARARTY INFORMATY INFORMATY INFORMATY INFORMATY INFORMATION TION TION TION TION (Refer Instr(Refer Instr(Refer Instr(Refer Instr(Refer Instruction No. 3 )uction No. 3 )uction No. 3 )uction No. 3 )uction No. 3 )
NAME OF FIRST/SOLE APPLICANT (BENEFICIAL INVESTOR)NAME OF FIRST/SOLE APPLICANT (BENEFICIAL INVESTOR)NAME OF FIRST/SOLE APPLICANT (BENEFICIAL INVESTOR)NAME OF FIRST/SOLE APPLICANT (BENEFICIAL INVESTOR)NAME OF FIRST/SOLE APPLICANT (BENEFICIAL INVESTOR)
Declaration Form No.
NAME OF CONTNAME OF CONTNAME OF CONTNAME OF CONTNAME OF CONTACT PERSON ACT PERSON ACT PERSON ACT PERSON ACT PERSON &&&&& DESIGNA DESIGNA DESIGNA DESIGNA DESIGNATION TION TION TION TION (in case of non-Individual Third Party)
#Mandator#Mandator#Mandator#Mandator#Mandatory for any amount. Please attach Py for any amount. Please attach Py for any amount. Please attach Py for any amount. Please attach Py for any amount. Please attach PAN PrAN PrAN PrAN PrAN Proof. Refer instroof. Refer instroof. Refer instroof. Refer instroof. Refer instruction No. 6. ** Refer instruction No. 6. ** Refer instruction No. 6. ** Refer instruction No. 6. ** Refer instruction No. 6. ** Refer instruction No. 8.uction No. 8.uction No. 8.uction No. 8.uction No. 8.
FOR OFFICE USE ONLFOR OFFICE USE ONLFOR OFFICE USE ONLFOR OFFICE USE ONLFOR OFFICE USE ONLYYYYY
Nationality
NAME OF THIRD PNAME OF THIRD PNAME OF THIRD PNAME OF THIRD PNAME OF THIRD PARARARARARTY (PERSON MAKING THE PTY (PERSON MAKING THE PTY (PERSON MAKING THE PTY (PERSON MAKING THE PTY (PERSON MAKING THE PAAAAAYMENT)YMENT)YMENT)YMENT)YMENT)
MAILING ADDRESS (PMAILING ADDRESS (PMAILING ADDRESS (PMAILING ADDRESS (PMAILING ADDRESS (P.O. Box Addr.O. Box Addr.O. Box Addr.O. Box Addr.O. Box Address may not be sufess may not be sufess may not be sufess may not be sufess may not be sufficient)ficient)ficient)ficient)ficient)
CITY STATE PIN CODE
3. THIRD P3. THIRD P3. THIRD P3. THIRD P3. THIRD PARARARARARTY PTY PTY PTY PTY PAAAAAYMENT DETYMENT DETYMENT DETYMENT DETYMENT DETAILS AILS AILS AILS AILS (Refer Instr(Refer Instr(Refer Instr(Refer Instr(Refer Instruction No. 4)uction No. 4)uction No. 4)uction No. 4)uction No. 4)
Amount#
Cheque/DD/PO/UTR No.
in figures (M)
in words
SASASASASAVINGSVINGSVINGSVINGSVINGS CURRENT CURRENT CURRENT CURRENT CURRENT NRE NRE NRE NRE NRE NRO NRO NRO NRO NRO FCNR FCNR FCNR FCNR FCNR OTHERS OTHERS OTHERS OTHERS OTHERS ______________________ ______________________ ______________________ ______________________ ______________________ (please specify)(please specify)(please specify)(please specify)(please specify)
Pay- in Bank A/c No.
Branch
Account Type [Please tick ()]
Name of the Bank
* HDFC Mutual Fund/HDFC Asset Management Company Limited ("HDFC AMC") reserves the right to seek information and /or obtain such otheradditional documents/information from the Third Party for establishing the identity of the Third Party.
Mode of Payment Mode of Payment Mode of Payment Mode of Payment Mode of Payment [Please tick ([Please tick ([Please tick ([Please tick ([Please tick ()])])])])]
Certificate from the Issuing Banker stating the Bank Account Holder's Name and Bank Account Numberdebited for issue of the instrument ororororor Copy of the acknowledgement from the bank, wherein theinstructions to debit carry the bank account details and name of the third party as an account holder areavailable ororororor Copy of the passbook/bank statement evidencing the debit for issuance of the instrument.
Copy of the Instruction to the Bank stating the Bank Account Number which has been debited.
In case the account number and account holder name of the third party is not pre-printed on thecheque then a copy of the bank passbook / statement of bank account or letter from the bank certifyingthat the third party maintains a bank account.
Bank City
Folio No. Branch Trans. No.
DD MM YYYY
KYC**KYC**KYC**KYC**KYC** [Please tick ([Please tick ([Please tick ([Please tick ([Please tick ()] )] )] )] )] Attached(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)(Mandatory for any amount)
# including Demand Draft charges, if any.
Cheque/DD/PO/RTGS Date
D D M M Y Y Y Y
RELARELARELARELARELATIONSHIP OF THIRD PTIONSHIP OF THIRD PTIONSHIP OF THIRD PTIONSHIP OF THIRD PTIONSHIP OF THIRD PARARARARARTY WITH THE BENEFICIAL INVESTOR (TY WITH THE BENEFICIAL INVESTOR (TY WITH THE BENEFICIAL INVESTOR (TY WITH THE BENEFICIAL INVESTOR (TY WITH THE BENEFICIAL INVESTOR (Refer InstrRefer InstrRefer InstrRefer InstrRefer Instruction No. 3) uction No. 3) uction No. 3) uction No. 3) uction No. 3) [Please tick () as applicable]
Status of theStatus of theStatus of theStatus of theStatus of the MinorMinorMinorMinorMinor FI IF I IF I IF I IF I I Employee(s)Employee(s)Employee(s)Employee(s)Employee(s)Beneficial InvestorBeneficial InvestorBeneficial InvestorBeneficial InvestorBeneficial Investor ClientClientClientClientClient
Relationship ofRelationship ofRelationship ofRelationship ofRelationship of Custodian - SEBI Registration No. of Custodian EmployerThirThirThirThirThirddddd ParParParParParty withty withty withty withty with ________________________________________________the Beneficialthe Beneficialthe Beneficialthe Beneficialthe Beneficial
@ Not Applicable for investment in HDFC Children's Gift FundDeclaration byDeclaration byDeclaration byDeclaration byDeclaration by I/We declare that the payment made on behalf of minor is in I/We declare that the payment is made on I/We declare that the payment is made onThirThirThirThirThirddddd ParParParParPart yt yt yt yt y consideration of natural love and affection or as a gift. behalf of FII/ Client and the source of this behalf of employee(s) under Systematic
payment is from funds provided to us by FII/Client. Investment Plans or as lump sum / one-timesubscription, through Payroll Deductions.
Father/Mother/Courtappointed Legal Guardian(Please attach proof ofrelationship, if not alreadysubmitted@)
Grand Parent Related Person (Please specify
relationship) ___________________________________________________________________________(Maximum investment -v 50,000/- per transaction@)
I/We confirm having read and understood the Third Party Payment rules, as given below and hereby agree to be bound by the same.I/We declare that the information declared herein is true and correct, which HDFC Mutual Fund is entitled to verify directly or indirectly. I agree to furnish such further informationas HDFC Mutual Fund may require from me/us. I/We agree that, if any such declarations made by me/us are found to be incorrect or incomplete, HDFC Mutual Fund/HDFCAMC is not bound to pay any interest or compensation of whatsoever nature on the said payment received from me/us and shall have absolute discretion to reject / not processthe Application Form received from the Beneficial Investor(s) and refund the subscription monies.I/We hereby declare that the amount invested in the Scheme is through legitimate sources only and does not involve and is not designed for the purpose of any contraventionor evasion of any Act, Rules, Regulations, Notifications or Directions issued by any regulatory authority in India. I/We will assume personal liability for any claim, loss and/ordamage of whatsoever nature that HDFC Mutual Fund/HDFC AMC may suffer as a result of accepting the aforesaid payment from me/us towards processing of the transactionin favour of the beneficial investor(s) as detailed in the Application Form. Applicable to NRIs only : Applicable to NRIs only : Applicable to NRIs only : Applicable to NRIs only : Applicable to NRIs only :I/We confirm that I am/We are Non-Resident of Indian Nationality/Origin and I/We hereby confirm that the funds for subscription have been remitted from abroad throughnormal banking channels or from funds in my / our Non-Resident External / Ordinary Account /FCNR Account.
I/We certify that the information declared herein by the Third Party is true and correct.I/We acknowledge that HDFC Mutual Fund reserves the right in its sole discretion to reject/notprocess the Application Form and refund the payment received from the aforesaid Third Partyand the declaration made by the Third Party will apply solely to my/our transaction as the beneficialinvestor(s) detailed in the Application Form. HDFC Mutual Fund/ HDFC AMC will not be liablefor any damages or losses or any claims of whatsoever nature arising out of any delay or failureto process this transaction due to occurrences beyond the control of HDFC Mutual Fund/HDFCAMC.Applicable to GuarApplicable to GuarApplicable to GuarApplicable to GuarApplicable to Guardian rdian rdian rdian rdian receiving funds on behalf of Minor only:eceiving funds on behalf of Minor only:eceiving funds on behalf of Minor only:eceiving funds on behalf of Minor only:eceiving funds on behalf of Minor only:I/We confirm that I/We are the guardian of the Minor registered in folio and have no objectionto the funds received towards Subscription of Units in this Scheme on behalf of the minor.
1. In order to enhance compliance with Know your Customer (KYC)norms under the Prevention of Money Laundering Act, 2002 (PMLA)and to mitigate the risks associated with acceptance of third partypayments, Association of Mutual Funds of India (AMFI) issued bestpractice guidelines on "risk mitigation process against third partyinstruments and other payment modes for mutual fund subscriptions".AMFI has issued the said best practice guidelines requiring mutualfunds/asset management companies to ensure that Third-Partypayments are not used for mutual fund subscriptions
2a. The following words and expressions shall have the meaning specifiedherein:
(a) "Beneficial Investor" "Beneficial Investor" "Beneficial Investor" "Beneficial Investor" "Beneficial Investor" is the first named applicant/investor inwhose name the application for subscription of Units is appliedfor with the Mutual Fund.
(b) "Thir"Thir"Thir"Thir"Third Pard Pard Pard Pard Party" ty" ty" ty" ty" means any person making payment towardssubscription of Units in the name of the Beneficial Investor.
(c) "Thir"Thir"Thir"Thir"Third Pard Pard Pard Pard Party payment" ty payment" ty payment" ty payment" ty payment" is referred to as a payment made throughinstruments issued from a bank account other than that of thefirst named applicant/ investor mentioned in the application form.
Illustration 1: An Application submitted in joint names of A, B &C alongwith cheque issued from a bank account in names of B,C & Y. This will be considered as Third Party payment.
Illustration 2: An Application submitted in joint names of A, B &C alongwith cheque issued from a bank account in names of C,A & B. This will not be considered as Third Party payment.
Illustration 3: An Application submitted in joint names of A, B &C alongwith cheque issued from a bank account in name of A.This will not be considered as Third Party payment.
2b. HDFC Mutual Fund/ HDFC Asset Management Company Limited ('HDFCAMC') will not accept subscriptions with Third Party payments except
in the following exceptional cases, which is subject to submission ofrequisite documentation/ declarations:(i) Payment by Parents/Grand-Parents/Related Persons* on behalf of
a minor in consideration of natural love and affection or as giftfor a value not exceeding s 50,000/- for each regular Purchase orper SIP installment. However, this restriction of s 50,000/- will notbe applicable for payment made by a Guardian whose name isregistered in the records of Mutual Fund in that folio (i.e. father,mother or court appointed Legal Guardian).
(This limit of (This limit of (This limit of (This limit of (This limit of sssss 50,000 shall not be applicable for investments 50,000 shall not be applicable for investments 50,000 shall not be applicable for investments 50,000 shall not be applicable for investments 50,000 shall not be applicable for investmentsin HDFC Childrin HDFC Childrin HDFC Childrin HDFC Childrin HDFC Children's Gift Fund. Howeveren's Gift Fund. Howeveren's Gift Fund. Howeveren's Gift Fund. Howeveren's Gift Fund. However, the Donors will, the Donors will, the Donors will, the Donors will, the Donors willhave to comply with all the rhave to comply with all the rhave to comply with all the rhave to comply with all the rhave to comply with all the requirequirequirequirequirements specified in 2cements specified in 2cements specified in 2cements specified in 2cements specified in 2cbelow)below)below)below)below)
(ii) Payment by Employer on behalf of employee under SystematicInvestment Plans or as lump sum/one-time subscription, throughPayroll deductions.
(iii) Custodian on behalf of an FII or a Client.* 'Related Person' means any person investing on behalf of a minor inconsideration of natural love and affection or as a gift.
2c. Applications submitted through the above mentioned 'exceptionalcases' are required to comply with the following, without whichapplications for subscriptions for units will be rejected / not processed /refunded.(i) Mandatory KYC for all investors (guardian in case of minor) and
the person making the payment i.e. third party.
(ii) Submission of a complete and valid 'Third Party PaymentDeclaration Form' from the investors (guardian in case of minor)and the person making the payment i.e. third party.
2d. Investor(s) are requested to note that any application for subscriptionof Units of the Scheme(s) of HDFC Mutual Fund accompanied withThird Party payment other than the above mentioned exceptional casesas described in Rule (2b) above is liable for rejection without anyrecourse to Third Party or the applicant investor(s).
THIRD PARTHIRD PARTHIRD PARTHIRD PARTHIRD PARTY PATY PATY PATY PATY PAYMENT RULESYMENT RULESYMENT RULESYMENT RULESYMENT RULES
The above mentioned ThirThe above mentioned ThirThe above mentioned ThirThe above mentioned ThirThe above mentioned Third Pard Pard Pard Pard Party Payment Rules arty Payment Rules arty Payment Rules arty Payment Rules arty Payment Rules are subject to change fre subject to change fre subject to change fre subject to change fre subject to change from time to time. Please contact any of the Investor Serom time to time. Please contact any of the Investor Serom time to time. Please contact any of the Investor Serom time to time. Please contact any of the Investor Serom time to time. Please contact any of the Investor Service Centrvice Centrvice Centrvice Centrvice Centresesesesesof HDFC AMC or visit our website wwwof HDFC AMC or visit our website wwwof HDFC AMC or visit our website wwwof HDFC AMC or visit our website wwwof HDFC AMC or visit our website www.hdfcfund.com for any fur.hdfcfund.com for any fur.hdfcfund.com for any fur.hdfcfund.com for any fur.hdfcfund.com for any further inforther inforther inforther inforther information or updates on the same.mation or updates on the same.mation or updates on the same.mation or updates on the same.mation or updates on the same.
DD MM YYYY
SIG
NA
SIG
NA
SIG
NA
SIG
NA
SIG
NA
TUR
E/S
TUR
E/S
TUR
E/S
TUR
E/S
TUR
E/S
First / SoleApplicant /Guardian
SecondApplicant
ThirdApplicant
1.1.1.1.1. GENERAL INSTRUCTIONSGENERAL INSTRUCTIONSGENERAL INSTRUCTIONSGENERAL INSTRUCTIONSGENERAL INSTRUCTIONS
Please read the terms of the Key Information Memorandum, the SchemeInformation Document (SID) and Statement of Additional Information (SAI)carefully before filling the Third Party Payment Declaration Form (hereinafterreferred to as 'Declaration Form').
The Declaration Form should be completed in ENGLISH and in BLOCKLETTERS only. Please tick in the apprPlease tick in the apprPlease tick in the apprPlease tick in the apprPlease tick in the appropriate box for ropriate box for ropriate box for ropriate box for ropriate box for relevantelevantelevantelevantelevantdeclarations wherdeclarations wherdeclarations wherdeclarations wherdeclarations wherever applicable. ever applicable. ever applicable. ever applicable. ever applicable. Please do not overwrite. Any correction/ changes (if any) made in the Declaration Form, shall be authenticated bycanceling and re-writing the correct details and counter signature of the ThirdParty and the Beneficial Investor(s).
Applications along with the Declaration Form completed in all respects, mustbe submitted at the Official Points of Acceptance / Investor Service Centres(ISCs) of HDFC Mutual Fund.
In case the Declaration Form does not comply with the above requirements,HDFC Mutual Fund /HDFC Asset Management Company Limited (HDFCAMC) retains the sole and absolute discretion to reject / not process suchDeclaration Form and refund the subscription money and shall not be liablefor any such rejection.
The Third Party should provide the Folio Number of the Beneficial Investoralready having an account in any of the HDFC Mutual Fund Schemes inSection 1. In case the Beneficial Investor does not have a Folio Number, theThird Party should mention the Application Number as stated in theApplication Form. Name must be written in full.
"Thir"Thir"Thir"Thir"Third Pard Pard Pard Pard Party" ty" ty" ty" ty" includes the Parent, Grand Parent, Related Person, Custodianof FII/Client, or Employer, making payment towards subscription of Units inthe name of the Beneficial Investor(s).
Full Name and relationship of Third Party with the Beneficial Investor mustbe provided.
The Relationship declared by the Third Party will suggest that the paymentmade on behalf of Beneficial Investor(s) is:
a. On behalf of a minor in consideration of natural love and affection oras gift for a value not exceeding s 50,000/- (which includes each regularpurchase or per SIP installment) made by Parents/Grand Parents/ RelatedPersons. However this restriction of s 50,000/- will not be applicablefor payment made by a guardian whose name is registered in therecords of Mutual Fund in that folio (i.e. father or mother or courtappointed legal guardian). (This limit of s 50,000 shall not be applicablefor investments in HDFC Children's Gift Fund); or
b. On behalf of employee under Systematic Investment Plans or as lumpsum / one-time subscription, through Payroll deductions made byemployer; or
c. On behalf of an FII or a Client made by the Custodian.
Mailing address and contact details of Third Party must be written in full.
Third Party must provide in the Declaration Form the details of the Pay-inBank Account i.e. account from which subscription payment is made in thename of the Beneficial Investor(s).
The Declaration Form with incomplete payment details shall beThe Declaration Form with incomplete payment details shall beThe Declaration Form with incomplete payment details shall beThe Declaration Form with incomplete payment details shall beThe Declaration Form with incomplete payment details shall berrrrrejected. ejected. ejected. ejected. ejected. The following document(s) is/are required to be submitted by ThirdParty as per the mode of payment selected:
(i)( i)( i)( i)( i) SourSourSourSourSource of funds - if paid by chequece of funds - if paid by chequece of funds - if paid by chequece of funds - if paid by chequece of funds - if paid by cheque
In case the account number and account holder name of the third party isnot pre-printed on the cheque, then the third party should provide any oneof the following documents:
1. a copy# of the bank passbook or a statement of bank account havingthe name and address of the account holder and account number;
2. a letter (in original) from the bank on its letterhead certifying that thethird party maintains an account with the bank, along with informationlike bank account number, bank branch, account type, the MICR code
INSTRUCTIONS FOR THIRD PINSTRUCTIONS FOR THIRD PINSTRUCTIONS FOR THIRD PINSTRUCTIONS FOR THIRD PINSTRUCTIONS FOR THIRD PARARARARARTY PTY PTY PTY PTY PAAAAAYMENT DECLARAYMENT DECLARAYMENT DECLARAYMENT DECLARAYMENT DECLARATION FORMTION FORMTION FORMTION FORMTION FORM
of the branch & IFSC Code (where available). The said letter should becertified by the bank manager with his / her full signature, name,employee code, bank seal and contact number.
# the original documents along with the documents mentioned aboveshould be submitted to the ISCs / Official Points of Acceptance of HDFCMutual Fund. The copy of such documents will be verified with theoriginal documents to the satisfaction of the HDFC AMC/ HDFC MutualFund / Registrar and Transfer Agent. The original documents will bereturned across the counter after due verification.
(ii)(ii)(ii)(ii)(ii) SourSourSourSourSource of funds - if funded by prce of funds - if funded by prce of funds - if funded by prce of funds - if funded by prce of funds - if funded by pre-funded investments such ase-funded investments such ase-funded investments such ase-funded investments such ase-funded investments such asPay OrPay OrPay OrPay OrPay Orderderderderder, Demand Draft, Banker's cheque etc., Demand Draft, Banker's cheque etc., Demand Draft, Banker's cheque etc., Demand Draft, Banker's cheque etc., Demand Draft, Banker's cheque etc.
The Third Party should attach any one of the following supporting documentswith the purchase application where subscription for units is vide a pre -funded instrument issued by way of debit to his / her bank account: (i) aCertificate (in original) from the issuing banker duly certified by the bankmanager with his / her full signature, name, employee code, bank seal andcontact number, stating the Account holder's name, the Bank AccountNumber which has been debited for issue of the instrument and PAN as perbank records, if available (ii) a copy of the acknowledgement from the bank,wherein the instructions to debit carry the bank account details and nameof the third party as an account holder are available (iii) a copy of thepassbook/bank statement evidencing the debit for issuance of the instrument.
The account number mentioned in the above supporting documents shouldbe the same as the bank details mentioned in the application form.
(iii)(iii)(iii)(iii)(iii) SourSourSourSourSource of funds - if paid by Rce of funds - if paid by Rce of funds - if paid by Rce of funds - if paid by Rce of funds - if paid by RTGS, Bank Account-to-AccountTGS, Bank Account-to-AccountTGS, Bank Account-to-AccountTGS, Bank Account-to-AccountTGS, Bank Account-to-AccountTTTTTransferransferransferransferransfer, NEFT, NEFT, NEFT, NEFT, NEFT, ECS, etc., ECS, etc., ECS, etc., ECS, etc., ECS, etc.
Acknowledged copy of the instruction to the bank stating the accountnumber debited.
(iv)( iv)( iv)( iv)( iv) SourSourSourSourSource of funds - if paid by a prce of funds - if paid by a prce of funds - if paid by a prce of funds - if paid by a prce of funds - if paid by a pre-funded instre-funded instre-funded instre-funded instre-funded instrument issued byument issued byument issued byument issued byument issued bythe Bank against Cashthe Bank against Cashthe Bank against Cashthe Bank against Cashthe Bank against Cash
The AMC/Mutual Fund /R&TA will not accept any purchase applications fromthird party if accompanied by a pre-funded instrument issued by a bank (suchas Pay Order, Demand Draft, Banker's cheque) against cash for investmentsof S 50,000 or more. The third party should submit a Certificate (in original)obtained from the bank giving name, bank account number and PAN as perthe bank records (if available) of the person who has requested for thepayment instrument. The said Certificate should be duly certified by the bankmanager with his / her full signature, name, employee code, bank seal andcontact number. The AMC / Mutual Fund / R&TA will check that the namementioned in the Certificate matches with the name of the third party.
The account number mentioned in the Certificate should be the same as /one of the registered bank account or the bank details mentioned in theapplication form.
It is mandatory for the Third Party to mention the permanent accountnumber (PAN) irrespective of the amount of Purchase*. In order to verify thatthe PAN of Third Party has been duly and correctly quoted therein, the ThirdParty shall attach along with the Declaration Form, a photocopy of the PANcard duly self-certified along with the original PAN card. The original PANCard will be returned immediately across the counter after verification.
Declaration Forms not complying with the above requirement will not beaccepted/ processed.
For further details, please refer Section 'Permanent Account Number' underthe Statement of Additional Information available on our websitewww.hdfcfund.com.
7.7.7.7.7. PREVENTION OF MONEY LAUNDERINGPREVENTION OF MONEY LAUNDERINGPREVENTION OF MONEY LAUNDERINGPREVENTION OF MONEY LAUNDERINGPREVENTION OF MONEY LAUNDERING
SEBI vide its circular reference number ISD/CIR/RR/AML/1/06 dated January18, 2006 mandated that all intermediaries including Mutual Funds shouldformulate and implement a proper policy framework as per the guidelineson anti money laundering measures and also to adopt a Know Your Customer(KYC) policy.
INSTRUCTIONS FOR THIRD PINSTRUCTIONS FOR THIRD PINSTRUCTIONS FOR THIRD PINSTRUCTIONS FOR THIRD PINSTRUCTIONS FOR THIRD PARARARARARTY PTY PTY PTY PTY PAAAAAYMENT DECLARAYMENT DECLARAYMENT DECLARAYMENT DECLARAYMENT DECLARATION FORM TION FORM TION FORM TION FORM TION FORM (Contd.)(Contd.)(Contd.)(Contd.)(Contd.)
The Third Party should ensure that the amount invested in the Scheme isthrough legitimate sources only and does not involve and is not designatedfor the purpose of any contravention or evasion of the provisions of theIncome Tax Act, Prevention of Money Laundering Act (PMLA), Prevention ofCorruption Act and / or any other applicable law in force and also any lawsenacted by the Government of India from to time or any rules, regulations,notifications or directions issued thereunder.
To ensure appropriate identification of the Third Party and with a view tomonitor transactions for the prevention of money laundering, HDFC AMC/HDFC Mutual Fund reserves the right to seek information, record investor's/Third party's telephonic calls and/or obtain and retain documentation forestablishing the identity of the third party, proof of residence, source offunds, etc. It may re-verify identity and obtain any incomplete or additionalinformation for this purpose.
HDFC Mutual Fund, HDFC AMC, HDFC Trustee Company Limited ("HDFCTrustee") and their Directors, employees and agents shall not be liable in anymanner for any claims arising whatsoever on account of freezing the folios/rejection of any application / allotment of Units or mandatory redemptionof Units due to non compliance with the provisions of the PMLA, SEBI/AMFIcircular(s) and KYC policy and / or where the AMC believes that transaction
is suspicious in nature within the purview of the Act and SEBI/AMFI circular(s)and reporting the same to FIU-IND.
For further details, please refer Section 'Prevention of Money Laundering'under the Statement of Additional Information available on our websitewww.hdfcfund.com.
8.8.8.8.8. KNOW YOUR CUSTOMER (KYC) COMPLIANCEKNOW YOUR CUSTOMER (KYC) COMPLIANCEKNOW YOUR CUSTOMER (KYC) COMPLIANCEKNOW YOUR CUSTOMER (KYC) COMPLIANCEKNOW YOUR CUSTOMER (KYC) COMPLIANCE
It is mandatory for the Third Party to quote the KYC Compliance Status andattach proof of KYC Compliance viz. KYC Acknowledgement Letter (orPrintout of KYC Compliance Status downloaded from CVL website(www.cvlindia.com) using the PAN. Declaration Form without a valid KYCCompliance of Third Party will be rejected.
In the event of non-compliance of KYC requirements, HDFC Trustee/HDFCAMC reserves the right to freeze the folio of the investor(s) and effectmandatory redemption of unit holdings of the investors at the applicableNAV, subject to payment of exit load, if any.
For further details, please refer Section 'Know Your Customer (KYC)Compliance' under the Statement of Additional Information available on ourwebsite www.hdfcfund.com.
CAMS – OFFICIAL POINTS OF ACCEPTCAMS – OFFICIAL POINTS OF ACCEPTCAMS – OFFICIAL POINTS OF ACCEPTCAMS – OFFICIAL POINTS OF ACCEPTCAMS – OFFICIAL POINTS OF ACCEPTANCE OF TRANSACTIONS ANCE OF TRANSACTIONS ANCE OF TRANSACTIONS ANCE OF TRANSACTIONS ANCE OF TRANSACTIONS (For ongoing T(For ongoing T(For ongoing T(For ongoing T(For ongoing Transactions)ransactions)ransactions)ransactions)ransactions)
A.A.A .A .A . List of Investor SerList of Investor SerList of Investor SerList of Investor SerList of Investor Service Centrvice Centrvice Centrvice Centrvice Centres (ISCs) of Computer Age Management Seres (ISCs) of Computer Age Management Seres (ISCs) of Computer Age Management Seres (ISCs) of Computer Age Management Seres (ISCs) of Computer Age Management Services Pvt. Ltd. (CAMS), Registrar & Tvices Pvt. Ltd. (CAMS), Registrar & Tvices Pvt. Ltd. (CAMS), Registrar & Tvices Pvt. Ltd. (CAMS), Registrar & Tvices Pvt. Ltd. (CAMS), Registrar & Transfer Agents of HDFC Mutual Fund. These ISCs will be in addition to the existingransfer Agents of HDFC Mutual Fund. These ISCs will be in addition to the existingransfer Agents of HDFC Mutual Fund. These ISCs will be in addition to the existingransfer Agents of HDFC Mutual Fund. These ISCs will be in addition to the existingransfer Agents of HDFC Mutual Fund. These ISCs will be in addition to the existingpoints of acceptance at the offices of HDFC Limited / HDFC Asset Management Company Ltd. (Investor Service Centres for HDFC Mutual Fund). These ISCs of CAMS will be the official pointspoints of acceptance at the offices of HDFC Limited / HDFC Asset Management Company Ltd. (Investor Service Centres for HDFC Mutual Fund). These ISCs of CAMS will be the official pointspoints of acceptance at the offices of HDFC Limited / HDFC Asset Management Company Ltd. (Investor Service Centres for HDFC Mutual Fund). These ISCs of CAMS will be the official pointspoints of acceptance at the offices of HDFC Limited / HDFC Asset Management Company Ltd. (Investor Service Centres for HDFC Mutual Fund). These ISCs of CAMS will be the official pointspoints of acceptance at the offices of HDFC Limited / HDFC Asset Management Company Ltd. (Investor Service Centres for HDFC Mutual Fund). These ISCs of CAMS will be the official pointsof acceptance of transactions for schemes of HDFC Mutual Fund except Liquid Schemes/ Plans viz. HDFC Liquid Fund, HDFC Liquid Fund - Premium Plan and Premium Plus Plan and HDFCof acceptance of transactions for schemes of HDFC Mutual Fund except Liquid Schemes/ Plans viz. HDFC Liquid Fund, HDFC Liquid Fund - Premium Plan and Premium Plus Plan and HDFCof acceptance of transactions for schemes of HDFC Mutual Fund except Liquid Schemes/ Plans viz. HDFC Liquid Fund, HDFC Liquid Fund - Premium Plan and Premium Plus Plan and HDFCof acceptance of transactions for schemes of HDFC Mutual Fund except Liquid Schemes/ Plans viz. HDFC Liquid Fund, HDFC Liquid Fund - Premium Plan and Premium Plus Plan and HDFCof acceptance of transactions for schemes of HDFC Mutual Fund except Liquid Schemes/ Plans viz. HDFC Liquid Fund, HDFC Liquid Fund - Premium Plan and Premium Plus Plan and HDFCCash Management Fund - Savings Plan & Call Plan.Cash Management Fund - Savings Plan & Call Plan.Cash Management Fund - Savings Plan & Call Plan.Cash Management Fund - Savings Plan & Call Plan.Cash Management Fund - Savings Plan & Call Plan.
B.B.B.B.B. List of TList of TList of TList of TList of Transaction Points of Computer Age Management Serransaction Points of Computer Age Management Serransaction Points of Computer Age Management Serransaction Points of Computer Age Management Serransaction Points of Computer Age Management Services Pvt. Ltd. (CAMS), Registrar & Tvices Pvt. Ltd. (CAMS), Registrar & Tvices Pvt. Ltd. (CAMS), Registrar & Tvices Pvt. Ltd. (CAMS), Registrar & Tvices Pvt. Ltd. (CAMS), Registrar & Transfer Agents of HDFC Mutual Fund. These Transfer Agents of HDFC Mutual Fund. These Transfer Agents of HDFC Mutual Fund. These Transfer Agents of HDFC Mutual Fund. These Transfer Agents of HDFC Mutual Fund. These Transaction Points will be in addition to the existingransaction Points will be in addition to the existingransaction Points will be in addition to the existingransaction Points will be in addition to the existingransaction Points will be in addition to the existingpoints of acceptance at the offices of HDFC Limitedpoints of acceptance at the offices of HDFC Limitedpoints of acceptance at the offices of HDFC Limitedpoints of acceptance at the offices of HDFC Limitedpoints of acceptance at the offices of HDFC Limited / HDFC Asset Management Company Ltd. (Investor Service Centres for HDFC Mutual Fund)/ HDFC Asset Management Company Ltd. (Investor Service Centres for HDFC Mutual Fund)/ HDFC Asset Management Company Ltd. (Investor Service Centres for HDFC Mutual Fund)/ HDFC Asset Management Company Ltd. (Investor Service Centres for HDFC Mutual Fund)/ HDFC Asset Management Company Ltd. (Investor Service Centres for HDFC Mutual Fund)
Risk Factors:Risk Factors:Risk Factors:Risk Factors:Risk Factors: All mutual funds and securities investments are subject to market risks and there can be no assurance that the scheme's objectives will be achieved and the NAV of the schemes mayAll mutual funds and securities investments are subject to market risks and there can be no assurance that the scheme's objectives will be achieved and the NAV of the schemes mayAll mutual funds and securities investments are subject to market risks and there can be no assurance that the scheme's objectives will be achieved and the NAV of the schemes mayAll mutual funds and securities investments are subject to market risks and there can be no assurance that the scheme's objectives will be achieved and the NAV of the schemes mayAll mutual funds and securities investments are subject to market risks and there can be no assurance that the scheme's objectives will be achieved and the NAV of the schemes maygo up or down depending upon the factors and forces affecting the securities market.go up or down depending upon the factors and forces affecting the securities market.go up or down depending upon the factors and forces affecting the securities market.go up or down depending upon the factors and forces affecting the securities market.go up or down depending upon the factors and forces affecting the securities market. Past performance of the Sponsors and their affiliates / AMC / Mutual Fund and its Scheme(s) do not indicate thefuture performance of the Scheme of the Mutual Fund. There is no assurance or guarantee to unit holders as to the rate of dividend distribution nor that dividends will be paid regularly. Investors in the Schemeare not being offered any guaranteed / assured returns. The NAV of the units issued under the Scheme may be affected, inter-alia by changes in the interest rates, trading volumes, settlement periods, transferprocedures and performance of individual securities. The NAV will inter-alia be exposed to Price / Interest Rate Risk and Credit Risk. HDFC GrHDFC GrHDFC GrHDFC GrHDFC Growth Fund, HDFC Equity Fund, HDFC Towth Fund, HDFC Equity Fund, HDFC Towth Fund, HDFC Equity Fund, HDFC Towth Fund, HDFC Equity Fund, HDFC Towth Fund, HDFC Equity Fund, HDFC Top 200 Fund, HDFCop 200 Fund, HDFCop 200 Fund, HDFCop 200 Fund, HDFCop 200 Fund, HDFCCapital Builder Fund, HDFC CorCapital Builder Fund, HDFC CorCapital Builder Fund, HDFC CorCapital Builder Fund, HDFC CorCapital Builder Fund, HDFC Core & Satellite Fund, HDFC Pre & Satellite Fund, HDFC Pre & Satellite Fund, HDFC Pre & Satellite Fund, HDFC Pre & Satellite Fund, HDFC Premier Multi-Cap Fund, HDFC Mid-Cap Opporemier Multi-Cap Fund, HDFC Mid-Cap Opporemier Multi-Cap Fund, HDFC Mid-Cap Opporemier Multi-Cap Fund, HDFC Mid-Cap Opporemier Multi-Cap Fund, HDFC Mid-Cap Opportunities Fund, HDFC Long Ttunities Fund, HDFC Long Ttunities Fund, HDFC Long Ttunities Fund, HDFC Long Ttunities Fund, HDFC Long Terererererm Equity Fund, HDFC Infrastrm Equity Fund, HDFC Infrastrm Equity Fund, HDFC Infrastrm Equity Fund, HDFC Infrastrm Equity Fund, HDFC Infrastructuructuructuructuructure Fund, HDFC Arbitragee Fund, HDFC Arbitragee Fund, HDFC Arbitragee Fund, HDFC Arbitragee Fund, HDFC ArbitrageFund, HDFC Balanced Fund, HDFC PrFund, HDFC Balanced Fund, HDFC PrFund, HDFC Balanced Fund, HDFC PrFund, HDFC Balanced Fund, HDFC PrFund, HDFC Balanced Fund, HDFC Prudence Fund, HDFC Long Tudence Fund, HDFC Long Tudence Fund, HDFC Long Tudence Fund, HDFC Long Tudence Fund, HDFC Long Terererererm Advantage Fund, HDFC Tm Advantage Fund, HDFC Tm Advantage Fund, HDFC Tm Advantage Fund, HDFC Tm Advantage Fund, HDFC TaxSaver , HDFC Index Fund and HDFC MF Monthly Income Plan araxSaver , HDFC Index Fund and HDFC MF Monthly Income Plan araxSaver , HDFC Index Fund and HDFC MF Monthly Income Plan araxSaver , HDFC Index Fund and HDFC MF Monthly Income Plan araxSaver , HDFC Index Fund and HDFC MF Monthly Income Plan are only the names of the Schemese only the names of the Schemese only the names of the Schemese only the names of the Schemese only the names of the Schemesand do not in any manner indicate either the quality of the Schemes, their future prospects and returns. Please read the Scheme Information Document and Statement of Additional Informationand do not in any manner indicate either the quality of the Schemes, their future prospects and returns. Please read the Scheme Information Document and Statement of Additional Informationand do not in any manner indicate either the quality of the Schemes, their future prospects and returns. Please read the Scheme Information Document and Statement of Additional Informationand do not in any manner indicate either the quality of the Schemes, their future prospects and returns. Please read the Scheme Information Document and Statement of Additional Informationand do not in any manner indicate either the quality of the Schemes, their future prospects and returns. Please read the Scheme Information Document and Statement of Additional Informationbefore investing.before investing.before investing.before investing.before investing. Applications would be accepted at official points of acceptance and on-going redemptions can be made at the official points of acceptance on all Business Days at NAV based prices. The AMCwill calculate and publish NAVs on all Business Days.
Statutory Details:Statutory Details:Statutory Details:Statutory Details:Statutory Details: HDFC Mutual Fund has been set up as a trust sponsored by Housing Development Finance Corporation Limited and Standard Life Investments Limited (liability restricted to their contributionof `̀̀̀̀ 1 lakh each to the corpus) with HDFC Trustee Company Limited as the Trustee (Trustee under the Indian Trusts Act, 1882) and with HDFC Asset Management Company Limited as the Investment Manager.
C .C .C .C .C . List of Collection CentrList of Collection CentrList of Collection CentrList of Collection CentrList of Collection Centres of Computer Age Management Seres of Computer Age Management Seres of Computer Age Management Seres of Computer Age Management Seres of Computer Age Management Services Pvt. Ltd. (CAMS), Registrar & Tvices Pvt. Ltd. (CAMS), Registrar & Tvices Pvt. Ltd. (CAMS), Registrar & Tvices Pvt. Ltd. (CAMS), Registrar & Tvices Pvt. Ltd. (CAMS), Registrar & Transfer Agents of HDFC Mutual Fund. These Collection Centrransfer Agents of HDFC Mutual Fund. These Collection Centrransfer Agents of HDFC Mutual Fund. These Collection Centrransfer Agents of HDFC Mutual Fund. These Collection Centrransfer Agents of HDFC Mutual Fund. These Collection Centres will be in addition to the existinges will be in addition to the existinges will be in addition to the existinges will be in addition to the existinges will be in addition to the existingpoints of acceptance at the offices of HDFC Limitedpoints of acceptance at the offices of HDFC Limitedpoints of acceptance at the offices of HDFC Limitedpoints of acceptance at the offices of HDFC Limitedpoints of acceptance at the offices of HDFC Limited / HDFC Asset Management Company Ltd. (Investor Service Centres for HDFC Mutual Fund). These Collection Centres will not accept/ HDFC Asset Management Company Ltd. (Investor Service Centres for HDFC Mutual Fund). These Collection Centres will not accept/ HDFC Asset Management Company Ltd. (Investor Service Centres for HDFC Mutual Fund). These Collection Centres will not accept/ HDFC Asset Management Company Ltd. (Investor Service Centres for HDFC Mutual Fund). These Collection Centres will not accept/ HDFC Asset Management Company Ltd. (Investor Service Centres for HDFC Mutual Fund). These Collection Centres will not acceptpurpurpurpurpurchase transactions vide high value cheques. These CCs will accept Applications frchase transactions vide high value cheques. These CCs will accept Applications frchase transactions vide high value cheques. These CCs will accept Applications frchase transactions vide high value cheques. These CCs will accept Applications frchase transactions vide high value cheques. These CCs will accept Applications from Monday to Friday between 12 p.m. to 3 p.m. onlyom Monday to Friday between 12 p.m. to 3 p.m. onlyom Monday to Friday between 12 p.m. to 3 p.m. onlyom Monday to Friday between 12 p.m. to 3 p.m. onlyom Monday to Friday between 12 p.m. to 3 p.m. only.....
CAMS AS THE OFFICIAL POINT OF ACCEPTCAMS AS THE OFFICIAL POINT OF ACCEPTCAMS AS THE OFFICIAL POINT OF ACCEPTCAMS AS THE OFFICIAL POINT OF ACCEPTCAMS AS THE OFFICIAL POINT OF ACCEPTANCE FOR ELECTRONIC TRANSACTIONS ANCE FOR ELECTRONIC TRANSACTIONS ANCE FOR ELECTRONIC TRANSACTIONS ANCE FOR ELECTRONIC TRANSACTIONS ANCE FOR ELECTRONIC TRANSACTIONS ::::: CAMS, Registrar & Transfer Agents to HDFC Mutual Fund having its office at Rayala Tower, 158, Anna Salai, Chennai- 600 002, will be the official point of acceptance for electronic transactions received from specified banks, financial institutions, etc. (mobilized on behalf of their clients) with whom HDFC Asset Management
CAMS – OFFICIAL POINTS OF ACCEPTCAMS – OFFICIAL POINTS OF ACCEPTCAMS – OFFICIAL POINTS OF ACCEPTCAMS – OFFICIAL POINTS OF ACCEPTCAMS – OFFICIAL POINTS OF ACCEPTANCE OF TRANSACTIONS ANCE OF TRANSACTIONS ANCE OF TRANSACTIONS ANCE OF TRANSACTIONS ANCE OF TRANSACTIONS (For ongoing T(For ongoing T(For ongoing T(For ongoing T(For ongoing Transactions) (Contd.)ransactions) (Contd.)ransactions) (Contd.)ransactions) (Contd.)ransactions) (Contd.)
HDFC ASSET MANAGEMENT COMPANY LIMITED (HDFC AMC LIMITED)– INVESTOR SERVICE CENTRES / OFFICIAL POINTS OF ACCEPTANCE FOR HDFC MUTUAL FUND
*This is not an Investor Service Centre for HDFC Mutual Fund. However, this is an official point of acceptance for acceptance of all on-going transactions from Institutional Investors only, i.e. broadly coveringall entities other than resident / non resident individuals. Institutional Investors are free to lodge their applications at any other official points of acceptance also.
**Official points of acceptance of transactions for schemes of HDFC Mutual Fund except purchase transactions of Liquid Schemes / Plans viz. HDFC Liquid Fund, HDFC Liquid Fund - Premium Plan and PremiumPlus Plan and HDFC Cash Management Fund - Savings Plan & Call Plan.
AMFI CERAMFI CERAMFI CERAMFI CERAMFI CERTIF IED STOCK EXCHANGE BROKERS/ CLEARING MEMBERS /DEPOSITORTIF IED STOCK EXCHANGE BROKERS/ CLEARING MEMBERS /DEPOSITORTIF IED STOCK EXCHANGE BROKERS/ CLEARING MEMBERS /DEPOSITORTIF IED STOCK EXCHANGE BROKERS/ CLEARING MEMBERS /DEPOSITORTIF IED STOCK EXCHANGE BROKERS/ CLEARING MEMBERS /DEPOSITORY PY PY PY PY PA RA RA RA RA RTICIPT ICIPT ICIPT ICIPT ICIPANTS# AS OFFICIAL POINTS OF ACCEPTANTS# AS OFFICIAL POINTS OF ACCEPTANTS# AS OFFICIAL POINTS OF ACCEPTANTS# AS OFFICIAL POINTS OF ACCEPTANTS# AS OFFICIAL POINTS OF ACCEPTANCE FOR TRANSACTIONS (PURCHASE/ REDEMPTION) OFANCE FOR TRANSACTIONS (PURCHASE/ REDEMPTION) OFANCE FOR TRANSACTIONS (PURCHASE/ REDEMPTION) OFANCE FOR TRANSACTIONS (PURCHASE/ REDEMPTION) OFANCE FOR TRANSACTIONS (PURCHASE/ REDEMPTION) OFUNITS OF HDFC MUTUAL FUND SCHEMES THROUGH THE STOCK EXCHANGE(S) INFRASTRUCTURE.UNITS OF HDFC MUTUAL FUND SCHEMES THROUGH THE STOCK EXCHANGE(S) INFRASTRUCTURE.UNITS OF HDFC MUTUAL FUND SCHEMES THROUGH THE STOCK EXCHANGE(S) INFRASTRUCTURE.UNITS OF HDFC MUTUAL FUND SCHEMES THROUGH THE STOCK EXCHANGE(S) INFRASTRUCTURE.UNITS OF HDFC MUTUAL FUND SCHEMES THROUGH THE STOCK EXCHANGE(S) INFRASTRUCTURE.
# For Processing only Redemption Request of Units Held in Demat Form.
The eligible AMFI certified stock exchange Brokers/Clearing Members/Depository Participants who have complied with the conditions stipulated in SEBI Circular No. SEBI /IMD / CIR No.11/183204/2009 datedNovember 13, 2009 for stock brokers viz. AMFI /NISM certification, code of conduct prescribed by SEBI for Intermediaries of Mutual Fund will be considered as Official Points of Acceptance (OPA) of the MutualFund.