HDFC Asset Monogement Compony Limited

A Joint Venture with Standard Life Investments Limited

Regd. Office : Ramon House, 3rd Floor, H. T. Parekh Marg,
169, Backbay Reclamation, Churchgate, Mumbai 400 020.
Tel. : 022-2029111, 2316030 Fax : 022-2028862
e-mail : [email protected] website : www.hdfcfund.com
DETAILS OF YOUR BANK ACCOUNT (Brokerage cheques will contain the account details to avoid fraudulent encashment)
Account No. Type Savings Current
Bank Branch City
Instructions for despatch of brokerage cheque : By Post Hand Delivery at designated HDFC Mutual Fund ISC.
Direct credit to my/our HDFC Bank Account as given above.*
* As and when the facility is introduced.
Status Individual Partnership Firm Pvt. Ltd. Co. Public Ltd. Co. Others : (Please specify)
ADDITIONAL INFORMATION
Individuals
Date of Birth
Educational Qualification
PAN No.
ARN No.
Name of Nominee
PMS DISTRIBUTOR REGISTRATION FORM
Corporates
Contact Person
Date of Incorporation
PAN No.
ARN No. (of the Corporate)
For Office use only
Application received on Branch
Date of Appointment Agents Code No.
Authorised by
Remarks
DECLARATION
I/We hereby declare that I/We am/are a citizen of India/Company incorporated in India and the information contained in this application is true and
correct in all respects. I/We undertake to inform the Portfolio Manager of any change in my/our address as and when such change occurs. I/We
accept and acknowledge that the Portfolio Manager reserves the right to reject this application without providing a reason. I/We authorize the
Portfolio Manager to verify/check/investigate and share or reveal to any other person or authority as the Portfolio Manager may deem fit any or all
the information provided in this application. I/We undertake to abide by the terms and conditions stated overleaf or as amended from time to time
regarding the operation of distributors. I/We am/are not an employee or a relative of a Director/Employee of the Portfolio Manager.
FUNDS MOBILISED
Portfolio Management Services Other Services
Cumulative to date (Rs.)
Last one year (Rs.)
DD MM YY
DD MM YY
Photograph
(only for
Individuals)
KEY CONTACT DETAILS
NAME (Mr./Ms. M/s)
ADDRESS FOR
COMMUNICATION
PIN
TELEPHONE (O) (R) Mobile
FAX e-mail
(Block Letters)
(Block Letters)
m2 \ d:\ FORM \ HDFC-PMS&OTHERFORMS \ OTHERFORMS-TOBE......\HDFC-AgRegForm-PortfolioManagement.p65 draft-2 31.3.2005
Place
Date
Signature of Applicant
TERMS AND CONDITIONS
1. The statements made by the Distributor in answer to the
questions in the Portfolio Management Services ("PMS")
Distributor Registration Form and the declaration made
therein shall be the basis of the contract.
2. The Distributor understands that this arrangement is on a
principal-to-principal basis and does not create and shall
not be deemed to create any employer-employee
relationship between HDFC Asset Management Company
Limited (the "Portfolio Manager") and the Distributor. The
Distributor shall not be entitled to, by act, word, deed or
otherwise, make any statement on behalf of the Portfolio
Manager or in any manner bind the Portfolio Manager or
hold out or represent that the Distributor is representing
or acting as agent of the Portfolio Manager.
3. The Distributor shall not make any representations or
statements on behalf of the Portfolio Manager other than
as per the information material provided by the Portfolio
Manager.
4. The Distributor is not authorised to receive cash/ cheque/
demand drafts on behalf of the Portfolio Manager or in its
own name with respect to any business sourced by the
Distributor.
5. The Distributor is eligible for distribution fee on the business
procured by him/ her at the rate(s) prescribed by the
Portfolio Manager. Provided, however, that the rate(s) are
subject to revision at the discretion of the Portfolio Manager
from time to time and the Distributor shall be bound by
such changes. The distribution fee so paid to the Distributor
shall be inclusive of any tax, service tax, cost, charges
and expenses incurred by the Distributor in connection
with his/ her introductions.
6. The Distributor declares and covenants with the Portfolio
Manager to defend, indemnify and hold the Portfolio
Manager and its affiliates, promoters, successors in interest
and permitted assigns harmless from and against all
losses, claims, costs, charges, expenses, damages or
assertions of liability of any kind or nature resulting from:
a) any breach of terms, covenants and conditions or
other provisions hereof or any actions or omissions
thereunder;
b) any failure to comply with all applicable legislation,
statutes, ordinances, regulations, administrative
rulings or requirements of law;
c) the misfeasance, malfeasance, misrepresentation
or fraudulent acts of the Distributor's or his/ her
personnel; and
d) any and all actions, suits, proceedings,
assessments, settlement, arbitration judgements,
cost and expenses, including attorneys' fees,
resulting from any of the matters set forth above.
The above indemnities shall survive this empanelment and
the Distributor shall continue to be liable under the
indemnities.
7. The appointment of the Distributor shall be liable to be
terminated by the Portfolio Manager forthwith:
a) if he/ she is found to be a minor or adjudicated as
an insolvent or found to be of unsound mind by a
court of competent jurisdiction;
b) if in course of any judicial proceeding it is found that
he/ she knowingly participated in or connived at any
fraud, dishonesty or misrepresentation against the
Portfolio Manager or any client of the Portfolio
Manager;
c) if the Portfolio Manager is satisfied that any
statement made in the Distributor Registration Form
was false or misleading or calculated to mislead;
d) if he/ she acts in any other manner prejudicial to the
interest of the Portfolio Manager; and
e) if he/ she does not comply with all applicable
legislation, statutes, ordinances, regulations,
administrative rulings or requirements of law.
8. In addition to what is stated in the preceding paragraphs,
the Portfolio Manager shall have the right to terminate the
appointment of the Distributor at any time by giving him/
her a written notice thereof and without assigning any
reasons thereof.
9. The Distributor shall not have any claim against the
Portfolio Manager for any loss incurred by him/ her as not
anticipated and arising out of any revision in the rate(s) of
distribution fee.
10. The Distributor must not make any representation
concerning services offered by the Portfolio Manager
except those contained in the printed information issued
by the Portfolio Manager.
11. The Distributor must not indulge in any kind of malpractice's
or unethical practices to market the services of Portfolio
Manager.
12. The Distributor shall comply with the provisions of the
Securities and Exchange Board of India (Portfolio
Managers) Regulations, 1993 including notifications,
guidelines issued thereunder and any amendments thereto
with specific focus on regulations/ sales literature and abide
by the code of conduct /code of Advertisement.
13. In case of application by non-individuals, a certified true
copy of the relevant resolution or authority to make the
application as the case may be, alongwith a certified true
copy of the Memorandum and Articles of Association/ Bye-
laws/ Partnership Deed and Certificate of Registration
should be submitted.
14. The Distributor shall only use information material provided
by Portfolio Manager for marketing the services of the
Portfolio Manager. The Distributor shall not design his/ her
own advertisement for marketing the services unless prior
approval in writing is obtained from the Portfolio Manager.
15. The agreement shall stand automatically terminated
without any notice from the Portfolio Manager upon
disqualification or withdrawal of Regulatory or Government
Approval to act in the capacity contemplated herein. Upon
any termination, the Distributor shall forthwith return all
documents, papers and material pertaining to the Portfolio
Manager and / or belonging to the Portfolio Manager.
16. Appointment as a Distributor is subject to written
confirmation by the Portfolio Manager.
17. In respect of all disputes arising under this empanelment ,
the courts in Mumbai alone shall have jurisdiction.