SPONSORS TRUSTEE INVESTMENT MANAGER State Bank of India, Punjab National Bank, Bank of Baroda and Life Insurance Corporation of India (Liability of sponsors limited to ` 10,000/-) UTI Trustee Co. (P) Ltd. (Incorporated under the Companies Act, 1956) UTI Asset Management Co. Ltd. (Incorporated under the Companies Act, 1956) KEY INFORMATION MEMORANDUM UTI – FIXED TERM INCOME FUND - SERIES XXVII – I (1113 DAYS) (A Close-ended Income Scheme) The product is suitable for investors who are seeking*: v Regular income for fixed term v Investment in Debt/Money Market Instrument/Govt. Securities RISKOMETER * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. New Fund Offer Opens on : Monday, June 05, 2017 New Fund Offer Closes on : Monday, June 19, 2017 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 and Statement of Additional Information available free of cost at any of the UTI Financial Centres or distributors or from the website www.utimf.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. Fixed Term Income Fund - Series XXVII
Transcript
SPONSORS TRUSTEE INVESTMENT MANAGERState Bank of India, Punjab National Bank, Bank of Baroda and Life Insurance Corporation of India (Liability of sponsors limited to ` 10,000/-)
UTI Trustee Co. (P) Ltd. (Incorporated under the Companies Act, 1956)
UTI Asset Management Co. Ltd. (Incorporated under the Companies Act, 1956)
KEY INFORMATION MEMORANDUM
UTI – FIXED TERM INCOME FUND - SERIES XXVII – I (1113 DAYS)(A Close-ended Income Scheme)
The product is suitable for investors who are seeking*:v Regularincomeforfixedtermv Investment in Debt/Money Market Instrument/Govt. Securities
New Fund Offer Opens on : Monday, June 05, 2017New Fund Offer Closes on : Monday, June 19, 2017
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 and Statement of Additional Information available free of cost at any of the UTI Financial Centres or distributors or from the website www.utimf.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.
Fixed Term
Income Fund - Series XXVII
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KEY INFORMATION MEMORANDUMUTI – FIXED TERM INCOME FUND - SERIES XXVII – I (1113 DAYS)
(A Close-ended Income Scheme)
Investment Objective Theschemeaims togenerate returnsby investing inaportfolioof fixed incomesecuritiesmaturingonorbefore thedate of maturity of the scheme. However, the scheme does not guarantee / indicate any return. There is no assurance that the funds objective will be achieved.
Asset Allocation (% to NAV):Under normal circumstances, the asset allocation under the scheme will be as below
InstrumentsIndicative Allocation
(% of Net Assets) Risk ProfileMinimum Maximum
Debt Instruments 80% 100% Low to Medium
Money Market Instruments 0% 20% Low
Theschemewill investonly inaportfoliooffixed incomesecurities thatmatureonorbefore thedateofmaturityof theschemeasperSEBIguidelinescontainedinSEBICircularNoSEBI/IMD/CirNo12/147132/08datedDec11,2008.The cumulative gross exposure through debt and derivative positions shall not exceed 100% of the net assets of thescheme. The Scheme will not invest in Securitised Debt, Foreign Securities and will not engage in Securities Lending.The Scheme will not engage in Short Selling, Credit default swaps.The scheme does not intend to invest in repo in corporate debt securities. As per the current norms of UTI AMC, the value of derivative contracts outstanding at any point of time will be limited to 25% of the net assets of the scheme at the time of investment. Such derivative position will comply with overall limits and normsofSEBICircularNoCir / IMD/DF/11/2010datedAugust18,2010,DNPD/CIR-29/2005datedSeptember14,2005,SEBI/DNPD/Cir-31/2006datedSeptember22,2006andDNPD/CIR-31/2006datedJanuary20,2006.Theexposureof theScheme inaparticular sector (excluding investments inBankCDs,CBLO,G-Secs,T-Bills, shorttermdepositsofscheduledcommercialbanksandAAAratedsecuritiesissuedbyPublicFinancialInstitutionsandPublicSectorBanks)shallnotexceed25%ofthenetassetsoftheScheme;Provided thatanadditionalexposure tofinancial servicessector (overandabove the limitof25%)notexceeding15%of thenetassetsof theschemeshall beallowedonlybywayof increase inexposure toHousingFinanceCompanies(HFCs);ProvidedfurtherthattheadditionalexposuretosuchsecuritiesissuedbyHFCsareratedAAandaboveandtheseHFCsare registeredwithNationalHousingBank (NHB)and the total investment/exposure inHFCsshallnotexceed25%ofthenetassetsof theschemeasperSEBIGuidelinecontained inCircularNo.SEBI/HO/IMD/DF2/CIR/P/2017/14datedFebruary22,2017.Pendingdeploymentof fundsof theScheme insecurities in termsof the investmentobjectiveof theschemeasstatedabove, the funds of the Scheme may be invested in short term deposits of scheduled commercial banks in accordance withSEBICircularNoSEBI/IMD/CirNo1/91171/07datedApril16,2007.
OTHER DISCLOSURES FOR CLOSE ENDED DEBT ORIENTED SCHEMES1. Credit Evaluation Policy Fund house follows a Credit Evaluation Process based on the objective assessment of the business risk,
industryrisk,financialrisk,liquidity&fundingriskandasubjectiveassessmentofmanagementquality,corporategovernance, auditor comments, banker’s feedback, risk management systems & processes. The Fund Housealso takes into account the external rating of the company by accredited rating agencies. It is an ongoingprocess that includes continuous monitoring and surveillance of companies to adjust for the latest developments withinthesector&corporateactionswithinthegroup/company.
2. Sectors in which the Scheme shall not invest TheschemewillnotinvestinthesecuritiesissuedbythecompaniesintheAviationandGems&JewellerySectors.
3. Type of instruments which the scheme propose to invest in Thecorpusoftheschemecanbeinvestedinany(butnotexclusively)ofthefollowinginstruments. • Securities issued /guaranteed by the Central, State, and Local governments (including but not limited to
coupon bearing bonds, Zero coupon bonds and treasury bills). • Corporatedebt(Public&privatesector). • Debt instruments of domestic government agencies and statutory bodies which may or may not carry a
central /state govt. guarantee [including but not limited to Municipalities, Public Sector Undertakings, andState Electricity Boards (SEBs)
• BondsissuedbyBanks(public&privatesector)andFinancialInstitutions. • MoneymarketinstrumentsaspermittedbySEBIandorRBI(includingCPs,CDsandCBLOs). • Securitieswithfloatingrateinstruments. • DerivativeinstrumentsaspermittedbySEBI/RBI. • AnyotherinstrumentsasmaybepermittedbyRBI/SEBI/otherRegulatoryauthoritiesfromtimetotime.The securities as mentioned above could be listed, unlisted, privately placed, secured, unsecured, rated or unrated (post investment inportfolio)andofanymaturity.Thesecuritiesmaybeacquired through initial publicoffers,privateplacements, secondary market transactions, rights offer or negotiated deals.
Floors and Ceilings within a range of 5% of the intended allocation (in %) against each sub asset class / credit rating.
Government Securities / Treasury Bills/ ReverseRepos/CBLO
– – – – – –
* Includes CDs issued by select All-India Financial Institutions permitted by RBI from time to time.The Scheme may invest in other schemes under the same AMC or any other mutual fund without charging any fees, provided the aggregate inter-scheme investment made by all the schemes under the same management or in schemesundermanagementofanyotherassetmanagementcompanyshallnotexceed5%ofthenetassetvalueofthe Mutual Fund. No investment management fees shall be charged for investing in other schemes of the Mutual Fund or in the schemes of any other mutual fund.
Note:a) Securities with ratingA andAA shall includeA+ andA- &AA+ andAA- respectively. Similarly Securities with
ratingsA1shallincludeA1+.b) All investments shall be made based on rating prevalent at the time of investment. Where any paper is having
dual rating (rated differently by more than one rating agency) then for the purpose of meeting intended range, the most conservative publicly available rating would be considered.
c) Therewillnotbeanydeviationbetweentheintendedallocationandactualallocationexceptthefollowing. i. There can be positive variation in the range w.r.t. rating i.e., scheme may invest in papers of higher rating in
the same instrument than indicated. ii. At the time of building the portfolio post NFO and towards the maturity of the scheme, there may be a
higherallocationtocashandcashequivalents. iii. The above allocation may vary during the duration of the Scheme. Some of these instances are (i) coupon
inflow; (ii) the instrument is called or brought back by the issuer; (iii) in anticipation of any adverse creditevent (iv)CPs/NCDsofdesiredcreditqualityarenotavailableor theFundManager isof theview that therisk-reward analysis of such instruments are not in the best interest of the Unit holders . In case of such deviations, the Schememay invest in BankCDs having highest ratings (i.e.,A1+ or equivalent), CBLOs,ReverseReposandT-Bills. Suchdeviationsmayexist till suitableCPs/NCDsof desired credit quality arenot available.
d) Change in Asset Allocation: Further in the event of any deviations below the minimum limits or beyond the maximum limitsasspecified in theassetallocation tableaboveandsubject to thenotesmentionedherein, theportfolio shall be rebalancedby theFundManagerwithin 30days from thedateof the saiddeviation. In casethesameisnotalignedtotheaboveassetallocationpatternintheperiodspecified,justificationshallbeprovidedto the Investment Committee of the AMC and reasons for the same shall be recorded in writing. The Investment committee shall then decide on the course of action.
e) The scheme shall not invest in unrated debt instruments at the time of initial investment, however in due course of time if a rated debt instrument gets downgraded, the scheme may continue to hold the same till maturity. For this purpose, unrated debt securities shall exclude instruments such asCBLO,ReverseRepo and such similarinstruments to which rating is not applicable.
f) The above scheme shall be in compliance with the relevant SEBI guidelines and UTI AMC’s investment policy at the time of investment.
4. Reporting: After theclosureofNFO, theAMCwill report in thenextmeetingofAMC /Trustees, thepublicizedpercentage
allocationandthefinalportfolio.
Risk Profile of the Scheme
MutualFund investmentsare subject tomarket risks.Please read theSIDcarefully for details on risk factorsbeforeinvestment.
UTI-FixedTerm IncomeFundSeriesXXVII– I (1113days) (UTI-FTIFSeriesXXVII - I (1113days)) isonly thenameoftheschemeanddoesnotinanymannerindicateeitherthequalityoftheschemeoritsfutureprospectsorreturns.There may be instances where no dividend distribution could be made.
Scheme Specific Risk Factors & Risk mitigation measures:a. The value of the Scheme’s investments, may be affected generally by factors affecting securities markets, such
as interest rates, currencyexchange rates, changes in policies of theGovernment, taxation lawsor policies ofanyappropriateauthorityandotherpoliticalandeconomicdevelopments,aspecificsectororallsectorsincludingdebtmarkets.Consequently,theNAVoftheUnitsoftheSchememayfluctuateandcangoupordown.
As the scheme is close ended, the assets that mature on or before the date of maturity of the scheme are purchased immediately after the New Fund Offer and is normally held till the maturity of the scheme therebynearly eliminating interest rate risks. Thus the impact of risk factor mentioned above would be minimal.
b. Different segments of the Indian financial markets have different settlement periods and such periods maybe extended significantly by unforeseen circumstances leading to delays in receipt of proceeds from sale ofsecurities. The inability of the Scheme to make intended securities purchases due to settlement problems could also cause the Scheme to miss certain investment opportunities. By the same rationale, the inability to sell
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securitiesheld intheScheme’sportfolioduetotheabsenceofawelldevelopedandliquidsecondarymarketfordebt securitieswould result, at times, inpotential losses to theScheme, in caseofasubsequentdecline in thevalue of securities held in the Scheme’s portfolio.
c. Securities, which are not quoted on the stock exchanges, are inherently illiquid in nature and carry a largeramount of liquidity risk, in comparison to securities that are listed on the exchanges or offer other exit optionsto the investor, including a put option. Within the regulatory limits, the AMC may choose to invest in unlisted securities that offer attractive yields. This may however increase the risk of the portfolio.
d. TheSchememayusevariousderivativeproductsaspermittedbytheRegulations.Useofderivativesrequiresanunderstandingofnotonlytheunderlyinginstrumentbutalsoofthederivativeitself.Otherrisksinclude,theriskofmispricing or improper valuation and the inability of derivatives to correlate perfectly with underlying assets, rates andindices.UsageofderivativeswillexposetheSchemetocertainrisksinherenttosuchderivatives.
e. Thescheme intends todeploy funds inmoneymarket instruments tomaintain liquidity.To theextent that someassets/funds are deployed in money market instruments, the scheme will be subject to credit risk as well as settlementrisk,whichmighteffecttheliquidityofthescheme.
As the said scheme is a close ended scheme with no redemption till maturity, the risk factors mentioned in Point No. b to d above, will be minimal.
Interest Rate Risk / Reinvestment Risk: Scheme would manage the interest rate risk & reinvestment risk by adequately matching the duration of assets in line with the duration of the scheme.
Credit Risk: Scheme would predominantly invest in highly rated securities where there is an internal credit comfort which would reduce the probability of credit risk.
Concentration Risk: The scheme would have modest presence of issuers with reasonable limits which would mitigate the credit concentration risk.
Portfolio Risk: By monitoring the return deviation and adequately managing all the above risks namely interest rate risk, reinvestment risk & credit cum concentration risk the scheme would mitigate the overall portfolio risk.
f. Different types of securities in which the scheme would invest as given in the Scheme Information Document carry different levels and types of risk. Accordingly the scheme’s risk may increase or decrease depending upon its investment pattern. For e.g. corporate bonds carry a higher amount 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.
Plans and Options Offered
The scheme offers the following Plans and Options under Series XXVII:
Name of the Scheme
Tenure of Scheme
Plans and Options
UTI-FixedTermIncomeFund–SeriesXXVII–I(1113days)
1113days TherewillbetwoplansnamelyRegularPlanandDirectPlan.This Direct plan (investments not routed through a distributor) shall have a lower expense ratio excluding distribution expenses, commission etc. andhave a separate NAV. No commission shall be paid from Direct Plan. ThetermsandconditionsofthePlanisinaccordancewithSEBIRegulations.TheDirectPlanandRegularPlanwillhaveacommonportfolio.ThePlansofferthefollowingOptions:i. GrowthOptionii. QuarterlyDividendOptionwithPayoutfacilityiii. FlexiDividendOptionwithPayoutfacility.iv. AnnualDividendOptionwithPayoutfacilityandv. MaturityDividendOptionwithPayoutfacilityTheDirectPlanwill haveall theoptionsmentionedabove.For furtherdetailsonDirectPlan,pleasereferInstructionNo.‘j’
Treatment of applications under “Direct” / “Regular” Plans:
Scenario Broker Code mentioned by the
investor
Plan mentioned by the investor
Default Plan to be captured
1 Not mentioned Not mentioned DirectPlan2 Not mentioned Direct DirectPlan3 Not mentioned Regular DirectPlan4 Mentioned Direct DirectPlan5 Direct Not Mentioned DirectPlan6 Direct Regular DirectPlan7 Mentioned Regular RegularPlan8 Mentioned Not Mentioned RegularPlan
In cases of wrong/ invalid/ incomplete ARN codes mentioned in the application formunderScenarios7or8above, theapplicationshall beprocessedunderRegularPlan.TheAMCshall contactandobtain thecorrectARNcodewithin30 calendar days of the receipt of the application form from the investor/distributor. In case, the correct code is not receivedwithin 30 calendar days,the transaction shall be reprocessed under Direct Plan from the date ofapplicationwithoutanyexitload.
ForfurtherdetailsonDirectPlan,pleaserefertoSAI.
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Eligible Investors Applicants :An application for issue of units may be made by any resident or non-resident Indian as well as non-individuals as indicated below:(a) a resident individual or a NRI or person of Indian origin residing abroad either singly or jointly with another
or upto two other individuals on joint/anyone or survivor basis. An individual may make an application in his personalcapacityorinhiscapacityasanofficerofaGovernmentorofaCourt;
2013(No.18of2013)]orestablishedunderStateorCentralLawforthetimebeinginforce;(f) abankincludingascheduledbank,aregionalruralbank,aco-operativebanketc;(g) aneligibletrustincludingPrivateTrustbeingirrevocabletrustandcreatedbyaninstrumentinwriting;(h) asocietyasdefinedunderthescheme;(i) aFinancialInstitution;(j) anArmy/Navy/AirForce/ParamilitaryFund;(k) apartnershipfirm;(l) Foreign Portfolio Investor (FPI) as defined under Regulation 2(1)(h) of Securities & Exchange Board of India
(ForeignPortfolioInvestors)Regulations,2014;(m) MutualFunds;(n) ScientificandIndustrialResearchOrganisationand(o) Any other category of investorsNon-acceptance of subscriptions from Overseas Corporate Bodies (OCBs) in the Schemes of UTI MF. For detailed information please refer to SID and SAI
Applicable NAV UnitscanbepurchasedonlyduringtheNewFundOffer(NFO)period.DuringtheNewFundOfferperiodtheunitswillbesoldatfacevaluei.e.` 10/-perunit.
Redemption: At MaturityUnitsofUTI-FixedTermIncomeFundSeriesXXVII–I(1113Days)willbelistedontheNationalStockExchangeandhence withdrawal prior to maturity is not allowed.As per SEBI guidelines, the AMC/Mutual Fund shall not redeem the units of the scheme/s before the date of maturity.The units of scheme will be listed on the National Stock Exchange (NSE) after the closure of the New FundOfferperiod. Investorswill beable toenterandexit the scheme through transactions in the secondarymarket.The listingfeesshallbechargedunderRegulations52(4).The listing feesduringNFOmaynotbecharged to thescheme,onlysubsequentlistingfeesmaybechargedtothescheme.
Dematerialisation (a) Units of UTI-Fixed Term Income Fund – Series XXVII – I (1113 days) will normally also be available in thedematerialised form.
(b) In case the unit holder wishes to transfer the units prior to maturity, then he / she may need to approach the stock market where the scheme is listed. Applicants under the scheme may then be required to have abeneficiaryaccountwithaDPofNSDL/CDSL.ApplicantsmayindicateintheapplicationformtheDP’sname,DPIDnumberanditsbeneficiaryaccountnumberwiththeDPatthetimeofinvestmentorcanconverthisunitsintodemat mode at a later date.
(c) The unit holders will have an option to hold units in demat form in addition to the account statement as per the current practice.
(d) Unitholderswhowishtotradeinunitswouldberequiredtohaveademataccount.(e) The option to have the units in demat or physical form may be exercised in the appropriate place in the
application form
Minimum Application Amount Purchase Redemption
Minimum amount of investment is ` 5,000/- & in multiples of ` 10/-under all the Plans /Options.
At MaturityTheschemewillbe listedontheNationalStockExchangeandhencewithdrawalpriorto maturity is not allowed.
On maturity of the Scheme, the outstanding Units shall either be redeemed andproceeds will be paid to the Unitholder or will be switched-out to any existing openendedscheme/aFixedTermIncomeFundofUTIMutualFundopenforsaleonthedateof maturity in the respective options, as opted by the unitholder, as the case may be.
Additional Mode of Payment during NFO
InvestorsmayapplyfortheUTI-FixedTermIncomeFund-SeriesXXVII–I(1113days)throughApplicationsSupportedby Blocked Amount (ASBA) process during the NFO period by filling in the ASBA form and submitting the sameto their respective banks, which in turn will block the subscription amount in the said account as per the authority contained in ASBA form and undertake other tasks as per the procedure specified therein. (The details of banks’branches accepting ASBA form are available on the websites of BSE (www.bseindia.com), NSE (www.nseindia.com) and SEBI (www.sebi.gov.in) or at your nearest UTI Financial Centre). For applicants applying through ASBA, on the date of allotment, the amount will be unblocked in their respective bank accounts and account will be debited to the extentrequiredtopayforallotmentofUnitsappliedintheapplicationform.
UTI AMC Ltd from time to time, subject to availability of distributable surplus, as computed in accordance with SEBI(MF)Regulations1996.However,thereisnoassuranceorguaranteetotheunitholders,astotherateandfrequencyofdeclarationofdividend.UnderthisPayoutfacilityisavailable.
(iv) Annual Dividend Option: Subject to availability of distributable surplus under the Annual Dividend option of the scheme, dividend will be
Investors are advised to refer to the details in the Statement of Additional Information and also independently refer to histaxadvisor.
Daily Net Asset Value (NAV) Publication
The NAVs will be declared by 9 p.m. on all business days and will be published in atleast two daily newspapershaving nationwide circulation and will also be available on website of UTI Mutual Fund, www.utimf.comby9p.m.onevery business day and website of AMFI namely www.amfiindia.com.Youcanalsocallusat1800221230 (toll freenumber)or(022)26546200(nontollfreenumber).
For Investor Grievance please contact Name and Address of Registrar
All investors could refer their grievances giving full particulars of investment at the following address:Ms Nanda MalaiAssociateVicePresident–DepartmentofOperations,UTI Asset Management Company Ltd.,UTITower,GnBlock,Bandra-KurlaComplex,Bandra(East),Mumbai-400051.
Tel:022-66786666,Fax:022-26523031
Investors may post their grievances at our website: www.utimf.com or e-mail us at [email protected]
Unitholders Information Accountsstatementandabridgedannualfinancial resultsshallbeprovided to investorsbypost/anyothermode.Halfyearly scheme portfolio disclosure will be mailed to unitholders or published in the newspapers as permitted under SEBI(MutualFunds)Regulations,1996.
Date: May19,2017
TRANSACTION CHARGES TO BE PAID TO THE DISTRIBUTOR(Pleasetickanyoneofthebelow)(ReferInstruction‘i’) IAMAFIRSTTIMEINVESTORINMUTUALFUNDS OR IAMANEXISTINGINVESTORINMUTUALFUNDS
Enclosed PAN/PEKRNCard/IDProofCopy Know Your Customer (KYC)* Acknowledgement Copy Please()
Name of First Applicant (as appearing in ID proof given for KYC)
First Applicant’s Address (Do not repeat the name) Name & Address of resident relative in India(forNRIs)(P.O.BoxNo.isnotsufficient)Village/Flat/Bldg./Plot*
City/Town* State Pin*Street/Road/Area/Post
F I R S T M I D D L E L A S T Date of Birth Mandatory for minors d d m m y y y y
APPLICANT’S PERSONAL DETAILS Mr. Ms. Mrs. Ms. * Denotes Mandatory Fields
*PAN / PEKRN$ OF 1ST APPLICANT/FATHER/MOTHER/GUARDIAN (whose particulars are furnished in the form) AADHAAR CARD NO.
ÊSignature of 1st Applicant / Guardian Signature of 2nd Applicant Signature of 3rd Applicant
*PAN / PEKRN$ of 3rd Applicant
Name of 2nd Applicant Mr. Ms. Mrs. Date of Birth of 2nd Applicant
DateofBirthof3rdApplicant
d d m m y y y y
d d m m y y y y
*PAN / PEKRN$ of 2nd Applicant
Name of 3rd Applicant Mr. Ms. Mrs.
F I R S T M I D D L E L A S T
Enclosed PAN/PEKRNCard/IDProofCopy Know Your Customer (KYC)* Acknowledgement Copy Please()
F I R S T M I D D L E L A S T
Enclosed PAN/PEKRNCard/IDProofCopy Know Your Customer (KYC)* Acknowledgement Copy Please()
#Pleasemention theapplicationNo.on the reverseof thecheque/DD,NEFT/RTGSadvice.Cheque/DDmustbedrawnin favour of “UTI-Fixed Term Income Fund Series – XXVII – ___(____days)”&crossed“A/c Payee Only” Investment amount shall be ` 2 lacs and above in case of payments through RTGS.
NAME IN FULL OF THE FATHER (OR) MOTHER / GUARDIAN (IN CASE OF MINOR)$$ / CONTACT PERSON FOR INSTITUTIONAL APPLICANTS Mr. Ms. Mrs.
APPLICATION FORMOFFER OF UNITS OF ` 10/- PER UNIT FOR CASH DURING THE NEW FUND OFFER PERIOD
(OCBs ARE NOT ALLOWED TO INVEST IN UNITS OF ANY OF THE SCHEMES OF UTI MF)
^ By mentioning RIA code, I/we authorised you to share with the Investment Advisor the details of my/our transactions.Upfront commission shall be paid directly by the investor to the AMFI / NISM certified UTI MF registered Distributors based on the investors’ assessment of various factors including the service rendered by the distributor.
@ I/We confirm that the EUIN box is intentionally left blank by me/us as this is an “execution-only” transaction without any interaction or advice by the distributor personnel concerned or notwithstanding the advice of in-appropriateness, if any, provided by such distributor personnel and the distributor has not charged any advisory fees for this transaction. ( Please tick and sign below when EUIN box is left blank) (refer instruction ‘w’).
BDA / CA Code
ARN/RIA No.^ Name of Financial Advisor Sub ARN Code Sub Code/ M O Code EUI No.@ UTI RM No. Bank Branch Code
Details of Beneficial Ownership (Please tick applicable category). Ownership details to be provided if the Ownership percentage/interest in the trust of any Beneficiary is as per the threshold limit provided below. Details to be provided for each such beneficiary.
(Refer instruction q)
Category Unlisted company
Partnership Firm Unincorporated Association/Body of Individuals
In case of any change in the beneficial ownership, the investor will be responsible to intimate UTIAMC / its Registrar / KRA asmay be applicable immediately about suchchange.
SWITCH ON MATURITY OF THE SCHEMESWITCH: I/We would like to Switch All units orPartialunits ___________________ units or `(Amountinfigure)_____________________________________________________
I/We have read and understood the terms and conditions applicable to the switch facility and am/are fully aware of the risk associated with such event.I/We have read and understood the Scheme Information Document (SID)/Statement of Additional Information (SAI) and Key Information Memorandum (KIM) of the Target Scheme and have understood the investment objectives, investment pattern and risk factors applicable to the Target Scheme.
No. of UnitsScheme Name
FRIEND IN NEED DETAILS (refer instruction - k) In caseUTIMF is unable to communicatewithme/us atmy / our registered address, I /we authorize UTI MF to correspond with the following person to ascertain my/our updated contact details.
Name
Address:
EmailRelationship with the applicant (optional) Mobile
F I R S T M I D D L E L A S T
ACKNOWLEDGEMENT(To be filled in by the Applicant)
UTI-FIXED TERM INCOME FUND SERIES – XXVII – ___(_______DAYS)
StampofUTIAMCOffice/ Authorised Collection Centre
dated
Sr. No. 2017/
Received from Mr / Ms / M/s
along with Cheque$/DD$/NEFT/RTGS Ref. No./Unique Serial No. (For Cash)
Drawn on (Bank)
for ` (in figures)
$Chequesanddraftsaresubjecttorealisation.
GENERAL INFORMATION - Please () wherever applicable
STATUS: Resident Individual Minor through guardian HUF Partnership Trust
SoleProprietorship Society/Club Body Corporate AOP BOI
FPI NRI Foreign Nationals## Listed Company LLP
Unlisted‘NotforProfit’^^Company OtherUnlistedCompany PIO
Net-worth in ` _______________________________________________________________________ as on (date) D D M M Y Y Y Y
(B) Please tick if applicable: PoliticallyExposedPerson(PEP) RelatedtoaPoliticallyExposedPerson(PEP) (FordefinitionofPEP,pleasereferinstruction‘x’).
(C) Any other information: _____________________________________________________________________________________2nd Applicant: (A) Gross Annual Income Details
Net-worth in ` _______________________________________________________________________ as on (date) D D M M Y Y Y Y(B) Please tick if applicable: PoliticallyExposedPerson(PEP) RelatedtoaPoliticallyExposedPerson(PEP)(C) Any other information: _____________________________________________________________________________________
[OR]Net-worth in ` _______________________________________________________________________ as on (date) D D M M Y Y Y Y
(B) Please tick if applicable: PoliticallyExposedPerson(PEP) RelatedtoaPoliticallyExposedPerson(PEP)(C) Any other information: _____________________________________________________________________________________
FOR NON-INDIVIDUALS ONLY(A) Gross Annual Income Details
Net-worth in ` _______________________________________________________________________ as on (date) D D M M Y Y Y Y(B) Is the entity involved in / providing any or the following services
– ForeignExchange/MoneyChangerServices YES NO – Gaming/Gambling/LotteryServices(e.g.casinos,bettingsyndicates) YES NO– MoneyLending/Pawning YES NO
(C) Any other information: _____________________________________________________________________________________
be rejected.4. AllcommunicationrelatingtoissueofStatementofAccount,Changeinname,AddressorBankparticulars,Nomination,Redemption,Death
Claims etc., may please be addressed to the Registrar : M/s. Karvy Computershare Private Limited,UTIMF,KarvySeleniumTowerB,PlotNos. 31& 32, FinancialDistrict,Nanakramguda,
l I/We have read and understood the contents of the Scheme Information Document, Statement of Additional Information and Key Information Memorandum, addenda issued till date and apply to the Trustee of UTI Mutual Fund as indicated above. I/We agree to abide by the terms and conditions, rules and regulations of theschemeasonthedateofinvestment.I/Weundertaketoconfirmthatthisinvestmenthasbeendulyauthorisedbyappropriateauthoritiesintermsofallrelevantdocumentsandproceduralrequirements. l I/We have not received nor been induced by any rebate or gifts, directly or indirectly in making investments. l The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode), payable to him for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us. l I/WeherebyauthorizeUTIMF/UTIAMCtosharemydatafurnishedin the Form to my distributor and other service providers of the UTI MF for the purpose of servicing, issue of account statement/consolidated statement of account etc and cross selling of products/schemes of the UTI MF. l I/WeconfirmthatweareNon-ResidentsofIndianNationality/Originandthatthefundsareremittedfromabroadthroughapprovedbankingchannelsorfrommy/ourNRE/NROAccount.I/Weundertaketoprovidefurtherdetailsofsourceoffundsandanysuchother relevant documents, if called for by UTI Mutual Fund (Applicable to NRI’s). l I hereby solemnly declare that I am the father/mother/guardian of the minor child in whose name the application is made. The date of birth stated by me is true and correct. I do not have any documents in support of the date of birth and relationship with minor child. (Strike out if this declaration is not applicable).
Signature of 1st Applicant / GuardianNameof1stAuthorisedSignatory/POA^^
NOMINATION DETAILS (Please ) (please sign if you do not wish to nominate)
I/We hereby nominate the undermentioned Nominee to receive the amounts to my / our credit in the event of my / our death. I/We also understand that all payments and settlements made to such Nominee and signature of the Nominee acknowledging receipt thereof, shall be a valid discharge by the AMC / Mutual Fund / Trustee.
Name and Address of Nominee To be furnished in case nominee is a minor
Name
Date of Birth d d m m y y y y (in case of nominee is a minor)
Name of the guardianAddress of guardian
Address with pin code Signature of Nominee / guardian (for minor)
Investorswhowishtonominatetwoorthreepersonsmayfillintheseparateformprescribedforthesameandattachitwiththisapplicationform. I/We do not wish to nominate
Signature of 1st Applicant / Guardian
Signature of 2nd Applicant
Signature of 3rd Applicant
DETAILS UNDER FATCA (FOREIGN TAX COMPLIANCE ACT) AND CRS (COMMON REPORTING STANDARD) (Referinstruction‘z’).
Information to be provided by all Applicants in the same sequence of Names as given in this Application form
AreyouataxresidentofanycountryotherthanIndia?
If No, please tick here : First Applicant Second Applicant Third Applicant
OPTION FOR DESPATCH OF STATEMENT OF ACCOUNT (SoA) Throughemail∞ SoAinPhysicalForm AtmyOverseasaddressasmentionedabove®
To be dispatched to my resident relative’s address in India as mentioned above®
∞ PleasesendtheAccountStatement,AbridgedAnnualReport,Transactionconfirmation,communicationofchangeofaddress,changeofbankdetailsetc.throughemailonlyatthebelowemailID.® Applicable to NRIs
GENERAL INSTRUCTIONS FOR FILLING THE APPLICATION FORM PLEASE APPLICATION FORM SHOULD BE FILLED IN CAPITAL LETTERS ONLY
[Fields marked with (*) must be mandatorily filled in] [BeforeFillinguptheForm,PleasereadtheCoverPageCarefullytoknowtheRiskProfileoftheScheme](a) PleasereadthetermsoftheKeyInformationMemorandum,SchemeInformationDocumentandStatementofAdditionalInformationcarefullybeforefillingtheApplicationForm.Investorsare
deemed to have accepted the terms subject to which this offer is being made and bind themselves to the terms upon signing the Application Form and tendering payment. (b) BeforesubmissionofapplicationformatUTIFinancialCentresandotherauthorisedcollectioncentresinvestorsmaypleaseensurethattheformhasbeenfilledincompletelyandsignedby
all the applicants properly as incomplete application is liable to be rejected. (c) NRI applicants should preferably submit the application atNRI Branch,Mumbai, DubaiRepresentativeOffice or any Financial Centre of UTIAMC alongwithNR(E) / NR(O) cheque or a
rupee draft payable at the place where the application is submitted. (d) Please write the application serial number on the reverse of the cheque / draft. (e) Pleasefill in thenamesof theapplicant(s) / institution /parentor lawfulguardian /minor /alternateapplicant /nomineeetc.at theappropriateplaces in theapplication form.PINcodeno.
must be given with address to avoid delay / loss in transit. (f) Attach any one of the documents as proof of date of birth and relationship with minor viz., birth certificate, School leaving certificate/mark sheet issued by Higher Secondary Board of
respectivestates,ICSE,CBSEetc.,Passportoftheminororanyothersuitableproofevidencingthedateofbirthandrelationshipwiththeminor.(g) It is mandatory for an applicant to furnish full and correct particulars of bank account such as nature and number of the account, name and address of the bank, name of the branch, MICR
code of the branch (where applicable) etc. at the appropriate place in the application form. Application without such bank particulars is liable to be rejected. If the credit of dividend distribution is delayed or not effected at all for reason of incomplete or incorrect information furnished by the applicant, UTI AMC cannot be held responsible.
(h) If you have invested through a distributor, kindly specify the Name and ARN Code, Sub ARN Code of the distributor, else for Direct Investment, please mention “Direct” in the Column “Name &BrokerCode/ARN/SubARNCode”.Incasenothingisspecified,thenbydefault,theBrokerCodewillbetreatedasDirectandtheapplicationformwillbetreatedasDirectApplication.
per subscription of ` 10,000/-andabove,respectively,istobepaidtothedistributorsofUTIMutualFundproducts.However,thereshallbenotransactionchargesondirectinvestment/snotmadethroughthedistributor/financialadvisoretc.
There shall be no transaction charge on subscription below ` 10,000/-. IftheinvestorhasnottickedintheApplicationformwhetherhe/sheisanexisting/newinvestor,thenbydefault,theinvestorwillbetreatedasanexistinginvestorandtransactionchargesof
` 100/-willbedeductedfor investmentsof` 10,000/-andaboveandpaidtodistributor/financialadvisoretc.,whoseinformationisprovidedbytheinvestor intheApplicationform.However,where the investor hasmentioned ‘Direct Plan’ against the scheme name, theDistributor codewill be ignored and theApplicationwill be processed under ‘Direct Plan’ in which case notransaction charges will be paid to the distributor.
The transaction charge, if any, shall be deducted by UTI AMC from the subscription amount and paid to the distributor and the balance shall be invested. Allocation of Units under the scheme willbeNetofTransactionCharges.TheStatementofAccount(SOA)wouldalsoreflectthesame.
Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors’ assessment of various factors including the service rendered by the distributor. For details on opting in/out by distributors for charging transaction charges etc., refer to SAI/SID. (j) Direct Plan DirectPlanisforallcategoryofeligible investors(whetherexistingornewUnitholders)whopurchase/subscribeUnitsdirectlywiththeFundandisnotavailablefor investorswhoroutetheir
investments through a Distributor. TheDirect Planwill be a separate plan under the Fund/Scheme and shall have a lower expense ratio excluding distribution expenses, commission etc andwill have a separateNAV.No
commissionshallbepaidfromDirectPlan.PortfoliooftheschemeundertheRegularPlanandDirectPlanwillbecommon. For further details refer to SAI. (k) ‘Friend InNeed’detailswillbeusedbyUTIMFonly forascertaining thepresentaddressof theunitholder (withoutdisclosing investmentdetailsof the investor) ifno response is received
from the unit holder on sending communication in any form to his/ her registered address or e-mail ID, if available, atleast for two occasions. For further details, please refer to SAI. (l) SEBIhasmadeitmandatoryforallapplicants,irrespectiveofamountofinvestment,tofurnishIncomeTaxPAN.AnapplicationwithoutPANwillberejected.Investorsarerequiredtoprovide
thephotocopy(selfattestedbytheinvestor)of thePANcardalongwiththeapplicationform.If the investment is inthenameofminorthePANoftheminororhisfather/mother/guardianwhose particulars are provided in the application form is to be provided.
Investment & Payment Details(m) Thecheque/draftaccompanyinganapplicationshouldbemadepayable in favourof “UTI-FixedTermIncomeFund–SeriesXXVII - I”. In thecaseof ‘DirectPlan’, thecheque/draftshallbe
wheretherearenoUTIFinancialCentresorauthorisedcollectioncentres(wherelocalchequesareaccepted),UTIAMCmay, if itsodecides,beardraftchargestotheextentof` 250/- per application or the actual as is prescribed by banks, whichever is lower or such amount as may be decided by UTI AMC from time to time. The investors have to attach proof of the DD charges paid to a bank (i.e. acknowledgement issued by the bank where DD is purchased). The reimbursement/adjustment of DD charges is solely at the discretion of UTI AMC and in case if it is found that such charges are unreasonably higher than normal market rates, such charges may not be admissible. For further details, refer to SAI/SID of the scheme.
(o) UTIAMC/MFshallnotacceptapplicationforsubscriptionofunitsaccompaniedwithThirdPartyPaymentexceptincertainexceptionalcasesasmaybepermitted.FordetailspleaserefertoSID/SAI. Payment Modes(p) No money orders, outstation cheques, post-dated cheques and postal orders will be accepted. However,cashpaymenttotheextentof` 50,000/-perinvestor,perMutualFund,perfinancialyearthroughdesignatedbranchesofAxisBankwillbeacceptedsubjecttothefollowingprocedure:-
i. Investors who desire to invest upto ` 50,000/-perfinancialyearshallcontactanyofourUTIUFCsandobtainaFormforDepositofCashandfill-upthesame.ii. InvestorsshallthenapproachthedesignatedbranchofAxisBankalongwiththedulyfilled-inFormforDepositofCashanddepositthecash.iii. Axis Bank will provide anAcknowledgement slip containing the details of Date & Time of deposit, Unique serial number, Scheme Name, Name of the Investor and Cash amount
deposited.TheInvestorsshallattachtheAcknowledgementslipwiththedulyfilled-inapplicationformandsubmitthemattheUFCsfortimestamping.iv. Applicability of NAV will be based on depositing of cash at the designated bank branch before the cut-off time and time-stamping of the valid application together with the
acknowledgmentslipattheUTIFinancialCentre(UFC)/OfficialPointofAcceptance(OPA). For further details please refer to SAI. (q) Know Your Customer (KYC): Investorsdesiringtoinvest/transactinmutualfundschemesarerequiredtocomplywiththeKYCnormsapplicablefromtimetotime.A. For Individual InvestorsI Central KYC Norms for Individual Investors new to KYC system with effect from 1st February 2017 AsperGovernmentofIndiaGazettenotificationdatedNovember26,2015,theCentralRegistryofSecuritizationandAssetReconstructionandSecurityInterestofIndia(CERSAIhasbeenauthorized
to act and perform the functions of Central KYC Records Registry (CKYCR) including receiving, storing, safeguarding and retrieving the Know Your Client (KYC) records of an investor in digital form. ApplicableNormswitheffectfrom1stFebruary2017
For further details refer to SAI/ Addendum No 26/2016-17 dated 6th February 2017 and SEBI Circulars No. CIR/MIRSD/66/2016 dated July 21, 2016 and CIR/MIRSD/120/2016 datedNovember10,2016.
II ExistinginvestorswhoareKYCcompliantbefore1stJanuary2012willhavetocompletethenewKYCrequirementsandgettheIPVdoneiftheywishtodealwithanyotherSEBIregisteredintermediary other than a Mutual Fund.
IV Aadhar based e KYC process1. InvestorscanalsoavailtheAadhaarbasede-KYCserviceofferedbyUIDAIforKYCverification.2. For this purpose, Investors/clients, on voluntary basis, can authorize the Intermediaries registered as KYC User Agency (KUA) with UIDAI to access the client identification and
authentication details from UIDAI.3. For entering into account based relationship, the Investor/clientmay provide the following information to the intermediary electronically including through anyweb enabled device for
verificationwithUIDAI. i. Name ii. Aadhaar number iii. PermanentAccountNumber(PAN)4. TheIntermediaryshallperformverificationoftheclientwithUIDAIthroughbiometricauthentication(fingerprintor irisscanning).AfterduevalidationofAadhaarnumberprovidedbythe
client, the intermediary (acting as KUA) shall receive the KYC information about the client from UIDAI through KSA.5. MutualFundscanalsoperformverificationof theclientwithUIDAI throughOneTimepassword (OTP) receivedonclient’smobilenumberorone-mailaddress registeredwithUIDAI
provided,theamountinvestedbytheclientdoesnotexceed` 50,000perfinancialyearperMutualFundandpaymentforthesameismadethroughelectronictransferfromtheclient’sbank account registered with that Mutual Fund.
For further details on e KYC process, refer to SAI/SEBI circular dated 22nd January 2016V PAN-Exemption for micro financial products Only individual Investors (includingNRIs,Minors&Soleproprietary firms)whodonothaveaPAN,andwhowish to invest upto` 50000/- ina financial yearunderanyScheme including
B. For Non-Individual Investors Investors have to fill up and sign the KYC application form available on the UTI Mutual Fund’s website, www.utimf.com or the website of the KYC Registration Agencies (KRAs) M/s
CVL, www.cvlkra.com; M/s NDML,www.ndml.in;M/sDotEx,www.nseindia.com/supra_global/content/dotex/about_dotex.htm; M/s CAMS Investor Services Private Limited and M/s Karvy DataManagementServicesLtd.Furtherdetailsonfillingup/submissionofKYCApplicationformareavailableinSEBICircularno.MIRSD/SE/Cir-21/2011datedOctober5,2011.
C. For both Individual and Non-Individual Investors1. Existing investors inmutual fundswhohavealreadycompliedwith theKYCrequirementareexempt fromfollowingthenewKYCprocedureeffectiveJanuary01,2012butonly for the
purposeofmakingadditionalinvestmentintheScheme(s)/Plan(s)ofanyMutualFundregisteredwithSEBI2. For ‘KYC-On-Hold’cases, investorneedtosubmitmissing informationorupdatependingKYCrelated informationsoastoenableAMCtoprocesspurchasetransaction(whether fresh
or additional) and switches3. IntermsofAMFIguidelines,witheffectfromJanuary1,2016,
(a) to make additional subscription (including switches), it shall be mandatory for all existing investors to provide additional KYC information such as Income details, Occupation,
4. Non-Applicablility of KYC guidelinesThe new KYC guidelines shall not be applicable to the following categories / transactions:- TheinvestorsfallingunderthecategoryofMicroPension(asperthearrangementbetweenUTIAMCwiththerespectiveorganization/s),whoareexemptfromtherequirementofPAN.- InvestmentsreceivedfromGovernmentbodies/authorities/Departmentsinfavourofbeneficiariesidentifiedbythem.- Bonus/dividend reinvestment - ExistingSystematicInvestmentPlan(SIP)/SystematicTransferInvestmentPlan(STRIP)/DividendTransferPlan(DTP)registrations(andsimilarfacilities) includingthosereceivedtill
(r) Aadhar Card In addition to KYC compliance proof / self attested PAN Card copy, the investors are advised to provide Aadhar Card No., if any. (s) Consolidated Account Statement (CAS) The AMC will issue a Consolidated Account Statement (CAS) for each calendar month to the investor in whose folios transactions has taken place during that month and such statement will
beissuedonorbeforethe10thdayofthesucceedingmonthdetailingall thetransactionsandholdingattheendofmonthincludingtransactionchargespaidtothedistributor, ifany,acrossall schemes of all mutual funds.
Further,CASasabove,will alsobe issuedeveryhalf yearly (September/March), onorbefore the10thdayof succeedingmonthdetailingholdingat theendof the sixthmonth,acrossallschemes of all mutual funds, to all such investors in whose folios no transactions has taken place during that period.
The word “transaction” for the purposes of CAS would include purchase, dividend payout, bonus transactions and merger, if any. However,FoliosunderMicropensionarrangementshallbeexemptedfromtheissuanceofCAS. Statement of Account for Demat Account holders:-
(I) TheunitholderswhodonothaveDemataccountshallcontinuetoreceivetheConsolidatedAccountStatements(CAS)aspertheexistingpractice.(II) For unit holders having Mutual Fund (MF) investments and Demat Account -
a. Such Investors shall receive a single Consolidated Account Statement (CAS) from the Depository.b. ConsolidationshallbedoneonthebasisofPermanentAccountNumber(PAN).Incaseofmultipleholding,itshallbePANofthefirstholderandpatternofholding.c. In case an investor has multiple accounts across two depositories, the depository with whom the Demat account has been opened earlier will be the default depository which will
consolidate the details across depositories and MF investments and dispatch the CAS to the investor.d. The CAS will be generated on monthly basis.e. If there is any transaction in any of the Demat accounts of the investor or in any of his mutual fund folios, depositories shall send the CAS within ten days from the month end. In
case, there is no transaction in any of the mutual fund folios and demat accounts, then CAS with holding details shall be sent to the investor on half yearly basis.f. ThedispatchofCASbythedepositoriesshallconstitutecompliancebyUTIAMC/UTIMutualFundwiththerequirementsunderRegulation36(4)ofSEBI(MutualFunds)Regulations,1996.
ForfurtherdetailsonotherFoliosexemptedfromissuanceofCAS,PANrelatedmattersofCASetc,pleaserefertoSAI.(t) MF Utility for Investors UTIAMCLtdhasenteredintoanagreementwithMFUtilitiesIndiaPrivateLtd(MFUI)forusageofMFUtility(MFU),asharedserviceinitiativeofvariousAssetManagementCompanies,whichactsas
a transaction aggregation portal for transacting in multiple Schemes of various Mutual Funds with a single form and a single payment instrument through a Common Account Number (CAN) Accordingly,allfinancialandnon-financial transactionspertaining to theSchemeareavailable throughMFUeitherelectronicallyonwww.mfuonline.com as and when such a facility is made
availablebyMFUIorphysicallythroughauthorisedPointsOfService(“POS)ofMFUIwitheffectfromtherespectivedatesaspublishedonMFUIwebsiteagainstthePOSlocations.However,allsuchtransactionsshallbesubject to theeligibilityof investors,any termsandconditionsandcompliancewith thesubmissionofdocumentsandprocedural requirementsasstipulatedbyUTIMF/UTIAMCfromtimetotimeinadditiontotheconditionsspecifiedbyMFU,ifany.
The online portal of MFUI i.e. www.mfuonline.com and thePOS locationsaforesaid shall act asOfficialPoints ofAcceptance (OPAs) in addition to theexistingOPAsof theUTIAMCLtd andanytransactionsubmittedatsuchPOSwillberoutedthroughMFUIorasmaybedecidedbyUTIAMC.InvestorsnotregisteredwithMFUIalsocansubmittheirtransactionsrequestbygivingreferencetotheirexistingfolionumber.AllvalidapplicationsreceivedforanyotherschemeapartfromeligibleschemesasstatedabovemaybeacceptedbyUTIAMCatitsowndiscretion
The uniform cut off time as prescribed by SEBI and as mentioned in the SID/KIM of the respective Schemes shall be applicable for applications received by MFUI. However, in case of investment of any amountinliquidfundsandRs2lacsandaboveforotherSchemes,theapplicabilityofNAVwillbesubjecttothedateandtimeofreceiptofcreditofamounttothespecifiedbankaccountofAMC.
(u) E-mail communication:Unitholderswhohaveoptedtoreceivedocuments/communicationbye-mailwillberequiredtodownloadandprintthedocuments/communicationafterreceivingthee-mailfromUTIAMC.Shouldtheunitholderexperienceanydifficultyinaccessingtheelectronicallydelivereddocuments/communication,theunitholdershouldadvisetheRegistrarsimmediatelytoenableUTIAMCtosendthesamethroughalternatemeans.Incaseofnonreceiptofanysuchintimationofdifficultywithin24hoursfromreceivingthee-mail,itwillberegardedasreceiptofemailbytheunitholder.Itisdeemed that the unitholder is aware of all the security risks including possible third party interception of the documents/communications and contents of the same becoming known to third parties. SMS andEmailontheregisteredaddressoftheinvestorshallbesentconfirmingthenumberofunitallottedwithin5businessdaysfromthedateoftransaction.
(v) Abridged Annual Report: The unitholders whose Email ID is registered with UTI Mutual Fund will receive Abridged Annual Report by email unless indicated by the investor otherwise to receive the physical copy. The
scheme-wise Abridged Annual report will also be made available on the website of UTI Mutual Fund (www.utimf.com).(w) Note on EUIN: Investors should mention the EUIN of the person who has advised the investor. If left blank, please sign the declaration provided in the application form. EUIN will assist in
tackling the problem of mis-selling even if the employee/relationship manager/sales person leave the employment of the ARN holder /Sub broker. Applicability of EUIN: Transactionstobeincluded–PurchasesandSwitches.(x) PoliticallyExposedPersons (PEP)aredefinedas individualswhoareorhavebeenentrustedwithprominentpublic functions ina foreigncountry,e.g.,HeadsofStatesorofGovernments,
ofpaymentsfromajointbankaccount,thefirstnamedapplicant/investorhastobeoneofthejointholdersofthebankaccountfromwhichpaymentismade. Forfurtherdetailsondocumentstobesubmittedundertheprocesstoidentifythirdpartypayments,Exceptionsforacceptingsuchchequesetc,refertoSAI/relevantaddenda. Bank Mandate registration as part of the New Folio creation Inorder to reduce fraudsandoperational risks relating to fraudulentencashmentof redemption/dividendproceeds, Investorsare required tosubmitanyof theprescribeddocuments (along
withoriginaldocumentforverification)insupportofthebankmandatementionedintheapplicationformforsubscriptionunderanewfolio,incasethesedetailsarenotthesameasthebankaccount from which the investment is made.
(z) Foreign Account Tax Compliance Act (FATCA) is a United States (US) Law aimed at prevention of tax evasion by us citizens and residents (“US Persons”) through use of offshore accounts.
FATCA obligates foreign financial institutions (FFIs), including Indian financial institutions to provide theUS Internal RevenueService (IRS)with information and to report on the accountsheldby specifiedUSPersons.The termFFI is definedwidely to cover a largenumberof non-USbased financial serviceproviders suchasmutual funds, depository participants, brokers,custodiansaswellasbanks.FATCArequiresenhancedduediligenceprocessesbytheFFIsoastoidentifyUSreportableaccounts.• TheidentificationofUSpersonwillbebasedononeormoreoffollowing‘‘USindicia’’-• IdentificationoftheAccountHolderasaUScitizenorresident;• UnambiguousindicationofaUSplaceofbirth;• CurrentUSmailingorresidenceaddress(includingaUSpostofficebox);• CurrentUStelephonenumber;• StandinginstructionstotransferfundstoanaccountmaintainedinUSA;• CurrenteffectivepowerofattorneyorsigningauthoritygrantedtoapersonwithaUSaddressor• An“in-careof”or“holdmail”addressthatisthesoleaddressthattheIndianFinancialInstitutionhasonthefilefortheAccountHolder
Common Reporting Standard - The New Global Standard for Automatic Exchange of Information Onsimilar linesasFATCAtheOrganizationofEconomicDevelopment(OECD),alongwiththeG20countries,ofwhichIndia isamember,hasreleaseda“StandardforAutomaticExchange
of FinancialAccount Information inTaxMatters”, in order to combat the problemof offshore tax evasion andavoidanceand stashing of unaccountedmoneyabroad, requiring cooperationamongsttaxauthorities.TheG20andOECDcountrieshavetogetherdevelopedaCommonReportingStandard(CRS)onAutomaticExchangeofInformation(AEOI).
Pleaserefer to Instructionsgiven in theFATCA/CRSFormbeforefilling in theparticularsand for furtherdetails relating toFATCA/CRS, refer toAMFI India’sCircularNo.135/BP/63/2015-16dated18thSeptember2015andSEBICircularNo.CIR/MIRSD/3/2015dated10thSeptember2015.
(aa) Power of Attorney IftheinvestmentismadebyaConstitutedAttorneyonbehalfoftheinvestor,pleasefurnishthefollowingdetailsandencloseaNotarisedcopyofthePowerofAttorney(PoA)andregisterthesamewith
theRegistrarstotheScheme.IfyouhavealreadyregisteredyourPoA,pleaseprovidethePoARegistrationNumberinthespaceprovidedbelowthesignatureboxintheApplicationForm1. PoAHolder’sName: Mr / Ms 2. PoAfor First/Sole Applicant Second Applicant Third Applicant 3. PANofPoAHolder(AttachPanCardCopy)4. PleaseNotethatPoAHoldermustcomplywithapplicableKYCrequirements5. DateofBirth:(dd/mm/yyyy)&Email:
CHECK LISTPleaseensurethat: Application Form is filled in Capital letters only Your name and address is given in full. Your preferred plan and option is selected. Your investment is not less than the minimum investment amount. Your application is complete and signed by all applicants. Chequesaredrawn in favourof ‘UTI-FixedTermIncomeFund–SeriesXXVII - I’ (incaseofDirectPlan, “UTI-FixedTermIncomeFund–SeriesXXVII - I -DirectPlan”)dated,signedand
crossed‘A/cPayeeonly’. Onthereverseofeachchequesubmitted,theApplicationFormnumberiswritten. PANdetailsofallholdersaregivenfailingwhichyourapplicationwillberejected. Copy of KYC acknowledgement for all holders provided by service provider is given, failing which your application will be rejected. Your bank account details are entered completely and correctly. This is mandatory. If this is not included, your application will be rejected. OnlyCTS-2010compliedchequesaresubmitted.
MF UTILITY FOR INVESTORSThe online portal ofMFUtilities India Private Ltd (MFUI) i.e.www.mfuonline.com and authorised Points of Service (“POS”) ofMFUI shall act asOfficialPointsofAcceptance(OPAs)inadditiontotheexistingOPAsoftheUTIAMCLtd.ForfurtherdetailspleaserefertoSID/SAI.
