SYSTEMATIC INVESTMENT APPLICATION FORM

SIP (WITH MICRO SIP) / CENTURY SIP

INVESTMENT THROUGH NACH/AUTO DEBIT/PDC. (PLEASE READ THE INSTRUCTIONS BEFORE FILLING UP THE FORM. PLEASE ENSURE COMPLETION OF SECTION 4 INCASE OF CENTURY SIP)
Investment Advisor’s Name & ARN Sub-Broker’s Name & ARN No. Official Acceptance Point Stamp & Sign Employee Unique ID. No. (EUIN)

EUIN is mandatory for “Execution Only” transactions. Ref. Instruction No. F-3
I/we hereby confirm that the EUIN box has been intentionally left blank my me/us as this transaction is executed without any interaction or advice by the employee/relationship manager/sales person of the above distributor/sub broker or notwithstanding the advice of
in-appropriateness, if any, provided by the employee/relationship manager/sales person of the distributor/sub broker.

First Applicant / Authorised Signatory Second Applicant Third Applicant

Request for Registration of SIP Registration of CSIP Renewal of SIP Change in Bank Details Additional Micro SIP in same folio OTM Registration Date

TRANSACTION CHARGES FOR APPLICATIONS ROUTED THROUGH DISTRIBUTORS/AGENTS ONLY (Refer Instruction F (9))
In case of subscriptions through SIPs, transaction charge of ` 150/- (for first time mutual fund investor) or ` 100/- (for investor other than first time mutual fund investor) will be deducted and paid to your distributor if opted to receive
the transaction charges. In such cases the transaction charge shall be recovered in 3-4 installments but only where total commitment (i.e. amount per SIP installment x No. of installments) amounts to ` 10,000/- or more. Units will be
issued against the balance of the installment amounts invested.
Existing Investor Folio No. Application No. (New Folio will be Generated for CSIP)

1. FIRST / SOLE APPLICANT INFORMATION (MANDATORY)

Mobile No. Email Id
NAME OF FIRST / SOLE APPLICANT Mr. Ms. M/s.
NAME OF THE SECOND APPLICANT Mr. Ms. M/s.
NAME OF THE THIRD APPLICANT Mr. Ms. M/s.
#
Applicant PAN* (Mandatory) KYC Date of birth** Document Type# Document No.
Mandatory (Photo Id/ Address Proof) (Mandatory for Micro SIP, not for additional Micro SIP in same folio)

Sole / First Applicant D D M M Y Y Y Y

Second Applicant D D M M Y Y Y Y

Third Applicant D D M M Y Y Y Y

Guardian/POA Holder D D M M Y Y Y Y
#
Ref. Instruction No. E-2 For Micro SIP Only ** Mandatory in case the First/Sole Applicant is Minor
NAME OF THE GUARDIAN (In case of minor) / CONTACT PERSON - DESIGNATION / PoA HOLDER (In case of Non-individual Investors)
Mr. Ms. M/s.
RELATIONSHIP OF GUARDIAN (Refer to Instruction No. D.22)

2. INVESTMENT DETAILS (PLEASE REFER INSTRUCTIONS C & E-1 FOR INFORMATION ON ELIGIBLE SCHEMES. ONLY ONE SCHEME PER APPLICATION FORM)
Seperate cheque/ demand draft must be issued for each investment drawn in favour of respective scheme name and the instrument should be crossed “A/c Payee Only”. Please write appropriate scheme name as well as the Plan/Option/Sub Option
S. *Cheque / DD Favouring Plan / Option Sweep to (Refer F-4) Cheque Amount ^DD Net Amount Cheque/DD No./UTR No.
No. Scheme Name (refer Instruction 5) (applicable only for Dividend option) Date Invested (`) Charges Paid (`) (in case of NEFT/RTGS) Bank and Branch and Account Number

Scheme Name
1. BSL
Plan / Option
# (Type of Account : Saving / Current / NRE / NRO / FCNR / NRSR) *All purchases are subject to realization of funds ^Refer to Instruction No. 5 (vi)
(Please tick (ü
) any ONE of the below as your Installment amount OR enter the amount of your choice. In case of multiple entries, the highest amount will be chosen.
Each Installment Amount (`) ` 20,000/- ` 10,000/- ` 6,000/- ` 3,000/- Amount

3. DEBIT MANDATE-ONE TIME MANDATE / NACH / AUTO DEBIT [Applicable for Lumpsum Additional Purchases as well as SIP Registrations] Please attach a cancelled cheque/cheque copy.

Date D D M M Y Y Y Y
UMRN
(tick✓)
CREATE Sponsor Bank Code Office use only Utility Code Office use only
MODIFY
CANCEL I/We hereby authorize: BIRLA SUN LIFE MUTUAL FUND to debit (tick✓
) SB / CA / CC / SB-NRE / SB-NRO / Other

Bank A/c No.:

With IFSC OR MICR
Bank Name & Branch
Bank:
an amount of Rupees `
FREQUENCY Monthly Quarterly Half Yearly Yearly ✓
As & when presented DEBIT TYPE Fixed Amount Maximum Amount
Reference 1 Folio No: Mobile

Reference 2 Appln No: Email:

I agree for the debit of mandate processing charges by the bank whom I am authorizing to debit my account as per latest schedule of charges of bank.
PERIOD

From D D M M Y Y Y Y
1. Sign ................................................... 2. Sign ................................................... Sign .................................................
to 3 1 1 2 2 0 9 9

or Until Cancelled
Name as in bank records (mandatory) Name as in bank records (mandatory) Name as in bank records (mandatory)
Declaration: This is to confirm that the declaration has been carefully read, understood & made by me/us. I am authorizing Birla Sun Life Mutual Fund to debit my account based on the
instructions as agreed and signed by me. I have understood that I am authorised to cancel/amend this mandate by appropriately communicating the cancellation/amendment request to Birla
Sun Life Mutual Fund or the bank where I have authorised the debit.

ACKNOWLEDGEMENT SLIP (To be filled in by the Investor) SYSTEMATIC INVESTMENT THROUGH NACH/ AUTO DEBIT/ PDC FACILITY APPLICATION FORM Application No.

Birla Sun Life Asset Management Company Limited

One India Bulls Centre , Tower 1, 17th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai 400 013 Collection Centre /
BSLAMC Stamp & Signature
Toll Free : 1-800-270-7000/ 1-800-22-7000 | sms ‘GAIN’ to 567679 | Email: [email protected]

Received from Mr. / Ms. _____________________________________________________________________________ Date : _____/_____/___________

 2. INVESTMENT DETAILS (PLEASE REFER INSTRUCTIONS C & E-1 FOR INFORMATION ON ELIGIBLE SCHEMES. ONLY ONE SCHEME PER APPLICATION FORM) Contd...
Cheques dates From: D D / M M / Y Y Y Y To D D / M M / Y Y Y Y
For PDC
Cheque No. From: To
Investment Start Date Investment Dates 1st 7th 10th 15th 20th 28th
Frequency Monthly (max 4 debit dates) (Only one date for CSIP and Step Up SIP) Weekly ________________________ (Please mention any day from Monday to Friday) (Default day is Wednesday)
(Fast Forward SIP is only available for Monthly Frequency)
At Birla Sun Life Mutual Fund, we provide YOU the Default End Date (31st December 2099) ^SELECT YOUR SIP PERIOD Refer Instruction D-8 & E-5
flexibility to discontinue your SIP at ANYTIME. Call us at
Till you instruct Birla Sun Life Mutual Fund to discontinue your SIP OR Enter SIP End Date
1800-270-7000/1800-22-7000 or email us at
[email protected] to know how. CSIP Tenure (Insurance cover would be as per 1st installment): 55 years - Your Current Age years = years Frequency: Monthly Only.
^For Regular SIP - “Default end date is December 31, 2099. In case the ‘End Date’ is not mentioned by the investor in the Form, the same would be considered as 31st December, 2099 by default”. For CSIP – refer instruction E5

STEP-UP SIP (OPTIONAL - and available only for SIP/CSIP Investments through NACH) (Refer Instruction D-23)
Amount (Default of ` 500/-) ` 500/- ` 1,000/- Amount (In multiples of ` 500/-) STEP-UP SIP Frequency (Default Yearly) Half Yearly Yearly

4. FOR CENTURY SIP (Please read detailed Terms & Conditions for availing CSIP) Mandatory
Date of Birth D D M M Y Y Y Y GENDER MALE FEMALE
NOMINATION DETAILS (Refer Instruction No. E-14) Nomination as stated below, shall be considered and prevail over nomination details provided in Common Application Form.
I/We do hereby nominate the undermentioned Nominee to receive the units to my / our credit in this folio no. in the event of my / our death. I / We also understand that all payments and settlements made to such
Nominee (upon such documentation) shall be a valid discharge by the AMC / Mutual Fund / Trustees.
Nominee Name : _________________________________________________________________________________________________________ Date Of Birth (in case of minor): _____ / _____ / _____________

Relationship : ____________________________ Guardian / Parent Name (in case of minor): _______________________________________________

Signature of Nominee or Parent / Guardian
Address : _______________________________________________________________________________________________________________
5. DEMAT ACCOUNT DETAILS (OPTIONAL) (Please ensure that the sequence of names as mentioned in the application form matches with that of the A/c. held with the depository participant.) Refer Instruction No. D (25)

NSDL: Depository Participant Name: _______________________________ DPID No.: I N Beneficiary A/c No.

CDSL: Depository Participant Name: _______________________________________ Beneficiary A/c No.

6. DECLARATION(S) & SIGNATURE(S)
I/We hereby authorise Birla Sun Life Mutual Fund and their authorised service provider to debit the above bank account by NACH/ Auto Debit /PDC Clearing for collection of SIP payments. I/We understand
that the information provided by me/us may be shared with third parties for facilitating transaction processing through NACH/ Auto Debit /PDC Clearing or for compliance with any legal or regulatory
requirements. I/We hereby declare that the particulars given above are correct and complete and express my/our willingness to make payments referred above through participation in NACH/ Auto Debit/
PDC Clearing. If the transaction is delayed or not effected at all for reasons of incomplete or incorrect information, I/We will not hold BSLAMC/MF or their appointed service providers or representatives
responsible. I/We will also inform, about any changes in my bank account immediately. I/We undertake to keep sufficient funds in the funding account on the date of execution of standing instruction. I/We
have read and agreed to the terms and conditions mentioned overleaf. 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.
For Century SIP: I/We hereby opt for Birla Sun Life Century SIP and agree and confirm to have read, understood and accepted the Terms and Conditions of Century SIP and Insurance Cover. For Micro SIP
only: I hereby declare that I do not have any existing Micro SIPs which together with the current application in rolling 12 month period or in financial year i.e. April to March will result in aggregate investments
exceeding ` 50,000 in a year. I / we am / are aware and understand that if, at the time of availing the Micro SIP, I / we hold a valid Permanent Account Number (PAN) issued by the Income Tax Department of
India, a KYC acknowledgment letter issued by CDSL Ventures Limited would have to be submitted by me / us to MF/AMC. Accordingly I / we understand and agree that I / we shall be responsible for the
consequences of non-submission of the same, if any. (refer Instruction no: D-21)
Name of First Unit Holder Name of Second Unit Holder Name of Third Unit Holder
Signature(s)

First Applicant Second Applicant Third Applicant

(To be signed by All Applicants if mode of operation is Joint)

G. INSTRUCTIONS FOR ONE TIME MANDATE FORM

• Investors who have already submitted an NACH/AUTO DEBIT form or already registered for NACH/AUTO DEBIT facility should not submit NACH/AUTO DEBIT form again as
NACH/AUTO DEBIT registration is a one-time process only for each bank account. However, if such investors wish to add a new bank account towards OTM facility may fill
the form.
• Investors, who have not registered for NACH/AUTO DEBIT facility, may fill the NACH/AUTO DEBIT form and submit duly signed with their name mentioned.
• Mobile Number and Email Id: Unit holder(s) should mandatorily provide their mobile number and email id on the mandate form. Where the mobile number and email id
mentioned on the mandate form differs from the ones as already existing in the folio, the details provided on the mandate will be updated in the folio. All future communication
whatsoever would be, thereafter, sent to the updated mobile number and email id.
• Unit holder(s) need to provide along with the mandate form an original cancelled cheque (or a copy) with name and account number pre-printed of the bank account to be
registered or bank account verification letter for registration of the mandate failing which registration may not be accepted. The Unit holder(s) cheque/ bank account details
are subject to third party verification.
• Investors are deemed to have read and understood the terms and conditions of NACH/AUTO DEBIT Facility, SIP registration through NACH/AUTO DEBIT facility, the Scheme
Information Document, Statement of Additional Information, Key Information Memorandum, Instructions and Addenda issued from time to time of the respective Scheme(s)
of Birla Sun Life Mutual Fund.
• Date and the validity of the mandate should be mentioned in DD/MM/YYYY format
• Please mention the amount in figures and words

Acknowledgement ISC Stamp

Investor Name: ___________________________________ Folio No/Application No. ______________________
DEBIT MANDATE FORM SIP FORM
Website : www.birlasunlife.com | E-mail : [email protected] | Contact Centre : 1-800-270-7000/ 1-800-22-7000

ACKNOWLEDGEMENT SLIP (To be filled in by the Investor) SYSTEMATIC INVESTMENT THROUGH NACH/ AUTO DEBIT/ PDC FACILITY APPLICATION FORM
Request for
Scheme Name___________________________________________ Plan ____________________________ Option___________________________________ Renewal of SIP Registration of CSIP
Sweep To:- Scheme Name__________________________________Plan _____________________________ Option___________________________________ Renewal of SIP
Change in Bank Details
Amount (`) _______________________________________
Additional Micro SIP in same folio
OTM Registration
 CHECKLIST
Regular SIP Century SIP (with Life Insurance) Micro SIP (Upto ` 50,000
Particulars Investment in a year)
Nomination Not Required Mandatory Requirement Not Required
First Purchase through cheque/ DD Recommended Mandatory Requirement Recommended
Different amount for first cheque and subsequent Allowed Not allowed Allowed
installment
Common Application Form Required only for new Investors Mandatory Requirement for All Investors Required only for new Investors
Investment tenure Investor's choice / Default Tenure = 55years (Less) Current age Investor's choice / Default
PAN and KYC Mandatory Requirement Mandatory Requirement If having a PAN, KYC is mandatory
Dates Max upto 4 dates in a month Only 1 date per month Max upto 4 dates in a month
Minimum Amount Criteria (For list of eligible Birla Sun Life Tax Relief '96 and Birla Sun life ` 1000 per month for all eligible schemes Birla Sun Life Tax Relief '96 and Birla Sun life
schemes please refer the SIP and CSIP instructions.) Tax Plan - ` 500 / each, Other eligible Tax Plan - ` 500 / each, Other eligible
Schemes- ` 1000/ each. Schemes- ` 1000/ each.
Application with Minor as first applicant Allowed Not allowed Allowed
We request you to read Terms and Conditions before availing Century SIP

[A. LIST OF BANKS FOR PAYMENT THROUGH AUTO DEBIT]**

PunjabNational Bank (All branches under core banking), Bank of Baroda (All branches under core banking), Union Bank of India (All branches under core banking), Bank of India (All brances under core banking), IDBI (All Branches), HDFC (All Branches),
Axis Bank (All Branches), IndusInd Bank (All Branches), Oriental bank of commerce (all branches) and Corporation Bank (all branches) ICICI Bank (All Branches), Kotak Bank (All Branches), State Bank of India (All Branches), Dhanlaxmi Bank (All
Branches), Federal Bank (All Branches) and UCO Bank (All Branches)
**(subject to revisions in dates and locations offered)

B. PDC LOCATIONS
Investors are requested to contact the Birla Sun Life Mutual Fund Branches / Call Centers or Please refer www.birlasunlife.com
C. SCHEMES AVAILABLE UNDER SIP
Birla Sun Life Advantage Fund / Birla Sun Life Dividend Yield Plus / Birla Sun Life Tax Plan* / Birla Sun Life India Opportunities Fund / Birla Sun Life MNC Fund / Birla Sun Life Midcap Fund / Birla Sun Life India GenNext Fund / Birla Sun Life Equity Fund / Birla
Sun Life New Millennium Fund / Birla Sun Life Frontline Equity Fund / Birla Sun Life Tax Relief ‘96* /Birla Sun Life Commodity Equities Fund - Global Agri Plan/ Birla Sun Life Balanced ‘95 Fund / Birla Sun Life Top 100 Fund / Birla Sun Life Infrastructure
Fund / Birla Sun Life India Reforms Fund / Birla Sun Life Small & Midcap Fund / Birla Sun Life International Equity Fund / Birla Sun Life Index Fund / Birla Sun Life Special Situations Fund/ Birla Sun Life Pure Value Fund / Birla Sun Life Savings Fund / Birla Sun
Life Short Term Opportunities Fund / Birla Sun Life Dynamic Bond Fund / Birla Sun Life Floating Rate Fund - Long Term Plan / Birla Sun Life Gilt Plus - PF Plan/ Birla Sun Life Constant Maturity 10 Year Gilt Fund/ Birla Sun Life Income Plus / Birla Sun Life
Government Securities Fund - Lonng Term Plan/ Birla Sun Life MIP# / Birla Sun Life MIP II# / Birla Sun Life Monthly Income# / Birla Sun Life Cash Manager / Birla Sun Life Treasury Optimizer Plan / Birla Sun Life Short Term Fund / Birla Sun Life Medium
Term Plan/ Birla Sun Life Enhanced Arbitrage Fund / Birla Sun Life Gold Fund/ Birla Sun Life Banking and Financial Services Fund/Birla Sun Life Manufacturing Equity Fund/Birla Sun Life Equity Savings Fund/ Birla Sun Life Corporate Bond Fund.
D. GENERAL INSTRUCTIONS FOR SIP
General Instructions 2. This exemption of PAN requirement is only available to individuals (including Joint Holders, NRIs but not PIOs),
1. New investors who wish to enroll for SIP should fill this form in addition to the Common Application Form. Please Minors and Sole proprietary firms who do not possess PAN*. HUFs and other categories will not be eligible for
quote the application number of the Common Application Form on this SIP Form. Details of the SIP should be this exemption.
provided on this form. Both Forms should be submitted together. Single scheme is allowed per application. For * In case of joint holders, first holder must not possess a PAN.
multiple transactions, please fill separate forms with first purchase cheque. 3. Please note that for availing Micro SIP, investor have to submit KYC/ KRA acknowledgement/confirmation
2. Existing investors needs to fill up only this form and first purchase cheque with existing folio details. The AMC quoting PAN Exempt KYC Reference No. (PEKRN) obtained from KYC Registration Agency (KRA) along with the
reserves the right to assign any of the existing Folio Number of the investor against multiple applications and / or application form for such investments. Eligible investors must hold only one PEKRN.
subsequent purchases under this new application form lodged, with identical mode of holding and address and such 4. Please note that investors holding a valid permanent Account Number (PAN) issued by Income tax Department
other criterions and integrity checks as may be determined by the AMC from time to time. are mandatorily required to be KYC compliant and submit the KYC/KRA acknowledgement/confirmation.
Note: Investors can also start a SIP without any initial Investment. New investors need to submit this application 5. Additional Micro SIP in same folio: For Subsequent Micro SIP applications, investor can quote the existing folio
form along with Common Application Form, whereas existing investors can start SIP without initial investment number where a Micro SIP has been registered and need not resubmit the supporting document.
by submitting this form along with existing folio details. 6. In case of any deficiencies in the supporting documents or in case of the aggregate of SIP investments
3. The name of the bank provided for OTM/ NACH/ Auto Debit should participate in local MICR clearing. exceeding Micro SIP threshold, the Mutual Fund reserves the right to reject the applications.
4. The investor hereby agrees to abide by the terms and conditions of OTM/ NACH/ Auto Debit facility of Reserve Bank 7. In case the first Micro SIP installment is processed, and the application is found to be defective, the Micro SIP
of India (RBI). registration will be ceased for future installments. No refund shall be made for the units already allotted and the
5. SIP form should be submitted 21 days before the first Debit through NACH/ Auto Debit. investors may redeem their investments.
Mandatory Details 22. "On behalf of Minor" Accounts: Name of Guardian must be mentioned if investments are being made on behalf of a
6. In case the application is accompanied with a cheque for the first SIP transaction, it should be drawn on the same minor. Date of birth is mandatory in case of minor. The minor shall be the first and the sole holder in the account
bank account which is to be registered for NACH/ Auto Debit. (folio). No joint holder will be allowed in an account (folio) where minor is the first or sole holder. Guardian in the
7. Investor should provide 9 digit MICR code and complete bank address for SIP auto debit transactions. MICR starting account (folio) on behalf of the minor should either be a natural guardian (i.e. father or mother) or a court appointed
with 000 and end with 000 will not be acceptable. legal guardian and the same must be mentioned in the space provided in application form. Copy of document
evidencing the date of birth of the minor and relationship of the guardian with the minor (whether natural or legal
Default Details guardian) should mandatorily be provided while opening of the account (folio). Also, nomination shall not be allowed
8. Default Dates: in a folio/account held on behalf of a minor.
Monthly SIP: In case of any ambiguity in selection of investment dates, the SIP date will be 7 of each month. In case 23. STEP-UP SIP
where more than 4 dates are specified, default dates will be 7, 15, 20 & 28 of each month 1. Frequency for Step-Up SIP:
Weekly SIP: In case of any ambiguity in selection of investment day, the SIP day will be as ‘Wednesday’. a. Half Yearly Step-Up SIP: Under this option, the amount of investment through SIP installment shall be
9. For Regular SIP - “Default end date is December 31, 2099. In case the ‘End Date’ is not mentioned by the investor in increased by amount chosen/designated by Investor post every 6th (sixth) SIP installment.
the Form, the same would be considered as 31st December, 2099 by default”. For CSIP - refer instruction F5. b. Yearly Step-Up SIP: Under this option, the amount of investment through SIP installment shall be
10. Minimum Amount increased by amount chosen/designated by Investor post every 12th (twelfth) SIP installment.
For Monthly and Weekly SIP: 2. Minimum Step-Up SIP Amount: ` 500 and in multiples of ` 500 thereafter.
(i) Birla Sun Life Tax Plan and Birla Sun Life Tax Relief '96: Minimum 6 cheques/ Instalments of ` 500/- each and 3. Default Step-Up SIP Frequency and amount: In case the investor fails to specify any frequency or amount for
above. Step-Up SIP, the same shall be deemed as Yearly Step-Up SIP and ` 500 respectively and the application form
(ii) Other Schemes: Minimum 6 Cheques/ Instalments of ` 1,000/- each and above. shall be processed accordingly. In case the investor fails to specify both, i.e. the frequency for Step-Up SIP and
11. All post-dated cheques have to be issued favouring the individual scheme. amount for Step-Up SIP, the application form may be processed as conventional SIP, subject to it being
complete in all other aspects.
12. The initial/ first SIP investment amount can be different from the subsequent SIP amount provided the initial/ first 4. Step-Up SIP shall also be available to investors availing Birla Sun Life Century SIP (Century SIP) under
SIP investment amount also confirms to the minimum SIP amount criteria of the respective scheme. designated schemes, subject to eligible insurance cover calculated on the basis of amount of First (1st)
13. Investment Dates: installment under Century SIP.
Monthly Systematic Investment Plan: Cheques should be of the following dates: 1st and/or7th and/or 10th and/or 5. Maximum Tenure for Step-Up SIP: 10 years. (i.e. Investors may chose / have tenure of more than 10 years
15th and/or 20th and/or 28th of every month. under SIP / Century SIP, however, in such cases, feature of Step-Up SIP shall be considered and processed for a
Weekly Systematic Investment Plan : Cheques should be of the following days: Monday , Tuesday, Wednesday, maximum of 10 years only.)
Thursday , Friday of every week. 6. Step-Up SIP shall be available for SIP / Century SIP Investments through NACH Facility only. Step-Up SIP
14. Fast Forward Facility: This facility is only available to investors with Monthly SIP frequency. Investors can opt for shall not be available under Fast Forward SIP facility.
multiple dates within a month in case of monthly SIP. Investors may choose maximum upto 4 dates from the following 24. Century SIP offered by AMC/Mutual Fund shall be available for unitholders in case the units are held/opted to be held
dates: 1st and/or 7th and/ or 10th and/or 15th and/or 20th and/or 28th of every month. in physical (non-demat) mode only.
15. Cheques should be drawn payable at locations of Birla Sun Life Asset Management Company Limited branches & 25. DEMAT ACCOUNT DETAILS: Option to hold Units in dematerialized (demat) form
authorised centres. Non MICR / outstation post dated cheques will not be accepted for SIP. 1. Units will be allotted based on the applicable NAV as per the SID and will be credited to investors Demat account
16. Allotment of Units on weekly basis upon realization of funds. For e.g. Units will be credited to investors Demat account every
Monthly SIP: Units will be Allotted at the NAV related prices of the 1st and/or 7th and/or 10th and/or 15th and/or 20th Monday for realization status received in last week from Monday to Friday.
and/or 28th of every month (or next business day, if 1st and/or 7th and/ or 10th and/or 15th and/or 20th and/or 28th 2. SIP Insurance related products; unit allotment will not be done in Demat account.
is a non business day). 3. Pursuant to SEBI Circular no. CIR/IMD/DF/9/2011 dated May 19, 2011, effective October 01, 2011, Investors
Weekly SIP: Units will be Allotted at the NAV related prices of the Monday and/or Tuesday and/or Wednesday and/or have an option to subscribe to/hold units of Scheme(s)/Plan(s) viz. open ended, close ended, Interval (except
Thursday and/or Friday of every week (or next business day, if Monday and/or Tuesday and/ or Wednesday and/or for exchange traded fund/s) in dematerialized (demat) form. Consequently, the Unitholders under the
Thursday and/or Friday is a non business day). Scheme(s)/ Plan(s) shall have an option to subscribe to/ hold the units in electronic (demat) form in accordance
17. Change of Amount with the provisions laid under the respective Scheme(s)/Plan(s) and in terms of the guidelines/procedural
Investors can change the SIP amount by submitting the following documents 21 days before the next OTM/ NACH/ requirements as laid by the Depositories (NSDL/CDSL) from time to time. Units under Plan(s)/Option(s) of all
Auto Debit date : Schemes of Birla Sun Life Mutual Fund with dividend distribution of daily, weekly or fortnightly frequency, as
a) A new ‘SIP through OTM/ NACH/ Auto Debit Facility’ Form with revised SIP amount details. defined under respective Scheme Information Document, shall be available in physical (non-demat) mode only.
Also, various Special Products/Facilities such as Century SIP, Systematic Withdrawal Plan, Systematic Transfer
b) Letter to discontinue the existing SIP Plan, Switching etc.offered by AMC/Mutual Fund shall be available for unitholders in case the units are
18. Change of Bank held/opted to be held in physical (non-demat) mode.Investors intending to hold units in electronic (demat) form
In order to change the existing bank account for OTM/ NACH/ Auto Debit investors need to submit following will be required to have beneficiary account with a Depository Participant (DP) (registered with NSDL / CDSL)
documents 21 calendar days before the next SIP debit and will be required to indicate, in the application form, the DP's name, DP ID Number and the Beneficiary
a) A new ‘SIP through OTM/ NACH/ Auto Debit Facility’ Form with Change of bank details and cancelled cheque of account number of the applicant held with the DP at the time of subscribing to the units. Applicants must ensure
new bank. that the sequence of the names as mentioned in the application form matches with that of the beneficiary
account held with the DP. Names, PAN details, KYC details etc. mentioned in the Application Form will be verified
b) Letter to discontinue the existing SIP against the Depository records. If the details mentioned in the application form are found to be incomplete /
19. Discontinue / Cancellation of SIP incorrect or not matching with the depository records, the application shall be treated as application for physical
The investor has the right to discontinue SIP at any time he/she so desires by sending a written request 21 calendar (non-demat) mode and accordingly units will be allotted in physical (non-demat) mode, subject to it being
days in advance of the immediate next due date to any of the offices of Birla Sun Life Mutual Fund or its Authorized complete in all other aspects. Unitholders who have opted to hold and thereby allotted units in electronic (demat)
Collection Centres. On receipt of such request SIP will be terminated. form will receive payment of redemption / dividend proceeds into bank account linked to their Demat account.
20. Conversion of PDC facility in to NACH/ Auto Debit Facility Units held in electronic (demat) form will be transferable subject to the provisions laid under the respective
Scheme(s)/Plan(s) and in accordance with rovisions of Depositories Act, 1996 and the Securities and
Investor with existing SIP facility through Post Dated Cheques can also avail of this facility by submitting the following Exchange Board of India (Depositories and Participants) Regulations, 1996 as may be amended from time to
documents 21 days before the next Debit date : time.In case, the Unitholder desires to hold the Units in a Dematerialized / Rematerialized form at a later date, the
a) SIP through NACH/ Auto Debit Facility Form along with one cancelled cheque. request for conversion of units held in physical (non-demat) mode into electronic (demat) form or vice-versa
b) Letter requesting to cancel the existing SIP through PDCs and for returning all the remaining PDCs. should be submitted alongwith a Demat/Remat Request Form to their Depository Participant(s). Investors
21. MICRO SIP :- should ensure that the combination of names in the account statement is the same as that in the demat account.
1. As per AMFI notification and Guidelines issued on July 14, 2009, SIPs or lumpsum by eligible investors where 26. In case 3 (three) consecutive instalments are not honoured / failed on account of reasons attributable to the investors
aggregate (under all schemes of Mutual Fund) in a rolling 12 month period or in a financial year i.e. April to like insufficient balance etc. Birla Sun Life Asset Management Company Limited shall discontinue SIP, SWP and STP
March does not exceed ` 50,000 (known as “Micro SIP”) shall be exempted from the requirement of PAN. registrations
 E. TERMS & CONDITIONS CENTURY SIP
1. DESIGNATED SCHEMES FOR BIRLA SUN LIFE CENTURY SIP (HEREINAFTER REFERRED TO AS CENTURY SIP) RESTRICTION ON NON-ACCEPTANCE OF SUBSCRIPTIONS FROM U.S. PERSONS AND RESIDENTS OF
Birla Sun Life Century SIP as an add-on, optional feature will be available under the following Designated Schemes CANADA:
and such other schemes as may be decided by BSLAMC from time to time in compliance with SEBI (Mutual Funds) As per the requirements of the U.S. Securities and Exchange Commission (SEC), persons falling within the definition of
Regulations 1996. the term “U.S. Person” under the US Securities Act of 1933 and corporations or other entities organized under the laws
of U.S. are not permitted to make investments in securities not registered under the Securities Act of 1933. [The term
Birla Sun Life Infrastructure Fund Birla Sun Life Small & Midcap Fund Birla Sun Life Midcap Fund “US Person” means any person that is a United States person within the meaning of Regulation S under the United
Birla Sun Life MNC Fund Birla Sun Life Balanced ‘95 Fund Birla Sun Life New Millennium States Securities Act of 1933 or as defined by the U.S. Commodity Futures Trading Commission or as per such further
Birla Sun Life India Opportunities Fund Birla Sun Life Advantage Fund Birla Sun Life Frontline Equity Fund amended definitions, interpretations, legislation, rules etc, as may be in force from time to time].
Further, as per the Canadian Securities Administrator ('CSA') and other applicable laws, prior registration of a scheme is
Birla Sun Life India GenNext Fund Birla Sun Life International Equity Fund Birla Sun Life Tax Relief 96*
mandatory with CSA before its marketing or selling to the Residents of Canada.
Birla Sun Life Dividend Yield Plus Birla Sun Life Special Situations Fund Birla Sun Life Top 100 Fund The Schemes of Birla Sun Life Mutual Fund ('the Mutual Fund') are presently not registered under the relevant laws, as
Birla Sun Life Commodity Equities Birla Sun Life Tax Plan* Birla Sun Life Monthly Income applicable in the territorial jurisdiction of U.S. or in any provincial or territorial jurisdiction of Canada.
Fund - Global Agri PLan Birla Sun Life Equity Fund Birla Sun Life Banking and In view of the above, w.e.f August 19, 2014 ('the effective date'), the Trustee to Birla Sun Life Mutual Fund has decided
Birla Sun Life India Reforms Fund Birla Sun Life Index Fund Financial Services Fund to restrict investments from U.S. Persons, corporations or other entities organized under the law of the U.S. and
Birla Sun Life Pure Value Fund Residents of Canada as defined under the applicable laws of Canada in the Schemes of the Mutual Fund.
Accordingly, the U.S. Persons and Residents of Canada are requested to note the following:
• No fresh purchases (including purchases by way of Systematic Investment Plans, Systematic Transfer Plans and
*An Open-ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years. Dividend Transfer Plans)/additional purchases/switches in any Schemes of the Mutual Fund is allowed. However,
2. ELIGIBILITY CRITERIONS existing investment prior to the effective date in the schemes are allowed to be continued until same are redeemed by
such investors;
Only individual investors, whose age is 18 years and above but less than 46 years, at the time of the first investment.
• If an existing Unit Holder(s) subsequently becomes a U.S. Person or Resident of Canada, then such Unit Holder(s)
Provided,
•
will not be allowed to purchase any additional Units in any of the Schemes of the Mutual Fund;
Investors enroll for investments through Century SIP, in Designated Schemes.
•
• In case Birla Sun Life Asset Management Company Limited (‘AMC’) / the Mutual Fund subsequently identifies, that
Investors should provide their Date of Birth, Gender and Nominee details at the specified places in the application the subscription amount has been received from U.S. Person(s) or Resident(s) of Canada after the effective date i.e.
form August 19, 2014, then the Mutual Fund / AMC at its discretion shall redeem all the units held by such person from the
In case of joint unit holders in the scheme, only the first unit holder would be eligible for the insurance cover. Scheme at applicable Net Asset Value.
Non Resident Indians (NRIs) and Persons of Indian Origin (PIOs) are elligible to invest in Birla Sun Life Century SIP
subject to fulfillment of certain additional criteria refer “Additional Criteria for availing Birla Sun Life Century SIP (CSIP) 14. NOMINATION
for NRI and PIOs” given below i) The nomination is mandatory for individuals applying for CSIP facility. In case the nomination details are
3. INVESTMENT AMOUNT IN CENTURY SIP incomplete in any nature, the Century SIP Application will be treated as a normal SIP.
• Minimum: ` 1000 per month ii) Unit holder can nominate only one person in whom the units held by him and the eligible insurance cover
shall vest in event of his / her death.
• Maximum: No upper limit iii) A minor can be nominated and in that event, the name and address of the guardian of the minor nominee
• Change of CSIP amount is not applicable. Investors should note that once CSIP is availed, CSIP amount shall be provided by the unit holder. The Applicant is advised that, in case of Single Holding, the Guardian to a
cannot be changed. Minor Nominee should be a person other than the Applicant.
4. MODE OF PAYMENT iv) Nomination can also be in favour of the Central Government, State Government, a local authority, any
person designated by virtue of these offices or a religious or charitable trust.
i) Payment of Century SIP can be through Direct Debit/NACH or post Dated Cheques(PDCs)
v) The Nominee shall not be a trust, society, body corporate, partnership firm, Karta of Hindu Undivided Family
ii) Resident investors may make payment by cheque payable locally in the city where the application form is submitted at
or a Power of Attorney holder. A non-resident Indian can be a Nominee subject to the exchange controls in
the local Birla Sun Life Asset Management Company Ltd. (BSLAMC) Offices / Authorised Collection Centres.
force, from time to time.
iii) The cheque should be drawn on any bank which is situated at and is a member of the bankers clearing house. Cheque
vi) Nomination in respect of the units stands rescinded upon the transfer of units.
drawn on the bank not participating in the clearing house will not be accepted.
vii) Transfer of units in favour of a Nominee shall be valid discharge by the Asset Management Company against
5. TENURE OF CENTURY SIP the legal heir.
55 Years less the current completed age of the investor viii) The cancellation of nomination can be made only by those individuals who hold units on their own behalf
e.g. Eligible investor may avail of the Century SIP for such period (in years and whole of months) as may be remaining for singly or jointly and who made the original nomination.
the attainment of 55 yrs of age. Thus, for an investor at the age of 40 yrs 5 months tenure of Century SIP shall be a period ix) On cancellation of the nomination, the nomination shall stand rescinded and the Asset Management
of 14 years and 7 months i.e. period remaining for the attainment of 55 yrs of age. Company shall not be under any obligation to transfer the units in favour of the Nominee.
6. DISCONTINUATION OF CENTURY SIP 15. CSIP INVESTMENT AND PAYMENT DETAILS
Investor intimates the AMC to discontinue Century SIP, or
•
i) Applicants should indicate the Option (Dividend / Growth / Sweep) for which the application is made, by
Investor defaults Century SIP installments for two consecutive months during the tenure of the Century SIP, or
•
indicating the choice in the appropriate box provided for this purpose in the Application Form.
Investor defaults Century SIP installments for four separate occasions (months) during the tenure of the Century SIP
•
ii) In case Applicants wish to opt for both the Options, separate CSIP Application Forms will have to be filled.
There shall be no provision to revive the Century SIP, once discontinued
iii) The first CSIP installment can carry any date and must be a cheque/DD payment. The second instalment in
7. LOAD STRUCTURE case of monthly CSIP will be processed on the available CSIP dates (currently 1st, 7th, 10th, 15th, 20th or
Load Structure under Century SIP would be: 28th of every month) indicated by the investor, but immediately following the expiry of 21 Calendar Days from
the date of processing the first CSIP. If the choice of date for the second instalment is not indicated by the
Entry Load Nil
investor, the second instalment of CSIP will be processed on the earliest CSIP date (1st, 7th, 10th, 15th, 20th
Exit Load** Exit load of 2.00% of applicable NAV is payable if units allotted under Century SIP are redeemed / or 28th) immediately following the expiry of 21 Calendar Days from the date of processing the first CSIP
switched out within 1 year from the date of allotment. installment.
Exit load of 1.00% of applicable NAV is payable if units allotted under Century SIP are redeemed / iv) All cheques must be drawn in favour of “Scheme Name” and crossed “Account Payee Only”. A separate
switched out after 1 year but upto 3 years from the date of allotment. cheque must accompany each application /each Scheme.
Nil: If units allotted under Century SIP are redeemed / switched out after 3 years from the date of v) Birla Sun Life Mutual Fund / AMC, reserves the right to reject any application inter alia in the absence of
allotment. fulfilment of regulatory requirements, fulfilment of requirements of the Scheme Information Document and
furnishing necessary information to the satisfaction of the Mutual Fund / AMC.
**In the unfortunate event of death of the investor, no exit load on redemption/switching out of units by the nominee/
vi) Century SIP will continue till you turn 55 years. Before this, if you decide to stop your CSIP, you have to
joint holder, as the case may be.
intimate to the AMC or Authorised Collection Centre 21 Calendar Days prior to next CSIP date.
8. GROUP LIFE INSURANCE
16. CSIP PAYMENT THROUGH NATIONAL AUTOMATED CLEARING HOUSE (DEBIT CLEARING) / DIRECT DEBIT
Amount of Life Insurance Cover: FACILITY OF THE RESERVE BANK OF INDIA (RBI)
If Century SIP continues, the insurance cover would be as follows
i) The bank account provided for NACH (Debit) should participate in local MICR clearing.
• Year 1 : 10 times the monthly Century SIP installment ii) Investor will not hold Birla Sun Life Mutual Fund, its registrars and other service providers responsible if the
• Year 2 : 50 times the monthly Century SIP installment transaction is delayed or not effected or the investor bank account is debited in advance or after the specific
CSIP date due to various clearing cycles of NACH / Direct Debit Facility.
• Year 3 onwards : 100 times the monthly Century SIP installment iii) Birla Sun Life Asset Management Company Ltd., registrars of Birla Sun Life Mutual Fund and other service
All the above mentioned limits are subject to maximum cover of ` 20 lacs per investor across all schemes/plans/folios. providers shall not be responsible and liable for any damages / compensation for any loss, damage etc.
If Century SIP discontinues, the insurance cover would be as follows: incurred by the investor. The investor assumes the entire risk of using this facility and takes full responsibility.
iv) Birla Sun Life AMC and its service providers reserve the right to disclose the details of the Investors and their
Century SIP discontinues before 3 years:
• : Insurance cover stops immediately transactions using the CSIP NACH / Direct Debit Facility to third parties for the purposes of verification and
Century SIP discontinues after 3 years:
• execution of the NACH / Direct Debit Facility as also for the purpose of law enforcement, fraud prevention,
Insurance cover equivalent to the value of units allotted under Century SIP
audit and inspection requirement etc.
investment at the start of the each policy year, subject to a maximum of v) The Investor undertakes and agrees that the CSIP Auto Debit Facility requested for via this Form is subject to
100 times the monthly installment. acceptance of the terms and conditions mentioned in Scheme Information Document of the Scheme.
9. COMMENCEMENT OF INSURANCE COVER
17. OTHER TERMS AND CONDITIONS
The Insurance cover will start from the commencement of Century SIP. However, only accidental deaths will be covered
for the first 45 days. ?
The Group Life Insurance Cover will be governed by the terms, conditions & exclusion of the insurance
policy with the relevant Insurance Company as determined by the AMC.
10. CESSATION OF INSURANCE COVER ?
Grant of insurance cover to any individual member shall be discretionary on part of Life Insurance
The insurance cover shall cease upon occurrence of any of the following: Company.
• At the end of the tenure. i.e., upon completion of 55 years of age. ?
A new folio will be created in this facility even for existing customers. Other regular / fresh purchases will not be
allowed in this folio, and they will be maintained separately. Consolidation of folios will not be allowed.
• Discontinuation of Century SIP installments within 3 years from the commencement of the same ?
In case of death of the first unit holder, his / her legal representatives may file a claim directly with the
• Redemption / switch-out (fully or partly) of units purchased under Century SIP before the completion of the Century designated branch of the Insurance Company supported by all relevant documents as required by the
SIP tenure Insurer and the payment of the claim may be made to the legal representatives by the insurance company.
All insurance claims will be settled in India and shall be payable in Indian Rupees only. Settlement
11. REVIVAL OF INSURANCE COVER procedure will be as stipulated by the Insurance Company.
There shall be no provision for revival of insurance cover, once the insurance cover ceases as stated above. ?
Insurance claims will be directly settled by the Insurance Company. There will be only one insurance
cover linked to unique investor. This offer from the Insurance Company (with whom the AMC ties up) is
12. EXCLUSIONS FOR INSURANCE COVER being brought to the investors of the Scheme by the AMC on a best effort basis. The AMC will not be
No insurance cover shall be admissible in respect of death of the unit holder (the insured investor) on account of - responsible or liable for maintaining service levels and/or any delay in processing claims arising out of
• Death due to suicide within first year of commencement of Century SIP this facility.
• Death within 45 days from the commencement of Century SIP installments except for death due to accident ?
The Mutual Fund, Trustees, AMC, or their Directors, officers or employees shall not be liable for any
• Death due to pre-existing illness, disease(s) or accident which has occurred prior to commencement of Century SIP claims (including but not limited to rejection of any claim, non-settlement, delays etc.) arising out of the
insurance cover provided to the unit holder. The Fund is bringing this offer to the investors of the Scheme only
13. ADDITIONAL CRITERIA FOR AVAILING BIRLA SUN LIFE CENTURY SIP (CSIP) FOR NRI AND PIOS as an additional facility and is not acting as an agent for marketing / sales of insurance policies.
?
Subject to what has been stated above, the AMC reserves a right to modify / annul the said Group
1. The CSIP facility can also be availed by the NRI/PIO provided they reside in one of the following countries: Insurance Cover on a prospective basis. The AMC also reserves the right to change the insurance
Australia, Austria, Bahamas, Bahrain, Belgium, Brunei, Bulgaria, China, Croatia, Cyprus, Denmark, Finland, company from time to time.
France, Germany, Gibraltar, Greece, Hong Kong, Hungary, Ireland, Italy, Japan, Luxembourg, Mauritius, Moldova, ?
Charges of the insurance cover will be entirely borne by the AMC.
Netherlands, New Zealand, Norway, Oman, Poland, Portugal, Qatar, Romania, Seychelles, Singapore, South ?
Investors opting for Birla Sun Life Century SIP agree and confirm to have read, understood and accepted
Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Turkey, UAE, UK the Terms of Century SIP and Insurance cover.
2. NRIs / PIOs need to submit a proof of residence duly certified in original by local authority in the country of ?
Insurance is subject matter of solicitation.
residence at the time of submission of CSIP Application Form. In case the proof is in any language other than All the other terms and conditions of the respective Scheme Information document(s) will remain
English the same must be translated to English and certified by Government Authority in country of residence or unchanged.
by the Indian Embassy.
3. All claims shall be settled in INR only and the then prevailing tax rates if any will be applied. 18. APPLICATIONS NOT COMPLETE IN ANY RESPECT ARE LIABLE TO BE REJECTED.
 F. COMMON INSTRUCTIONS FOR SIP/ CENTURY SIP
1. DISCLAIMER 5. Existing KYC compliant investors of the Mutual Fund can continue to invest as per the current practice. However,
(i) Investors will not hold Birla Sun Life Mutual Fund, its Registrars and other service providers responsible if the existing investors are also urged to comply with the new KYC requirements including IPV as mandated by SEBI.
transaction is delayed or not effected or the investor bank account is debited in advance or after the specific SIP 6. LIST OF MANDATORY FIELDS :- Debit Bank Account Details / Authorization bank details should be same, MICR
date due to various clearing cycles of OTM/ NACH/ Auto Debit. CODE other than core banking and auto debit banks, Each SIP amount, Scheme name with option, Start date,
(ii) Birla Sun Life Mutual Fund, its Registrars and other service providers shall not be responsible and liable for any Signature on NACH Auto Debit Mandate/PDC and Bank Authorisation. If any of these fields is left blank, the
damages/compensation for any loss, damage etc. incurred by the investor. The investor assumes the entire risk Application form is liable to be rejected.
of using this facility and takes full responsibility. 7. RESTRICTION ON ACCEPTANCE OF THIRD PARTY PAYMENT:
(iii) Birla Sun Life Mutual Fund reserves the right to reject any application without assigning any reason thereof. (i) Pursuant to the AMFI Best Practice Guidelines circular on 'Risk mitigation process against Third- Party
(iv) Investors shall not hold the AMC/ Registrar/Service Providers and/or the Bank/s liable for any failure or delay in Cheques in mutual fund subscriptions' read with compliance with 'Know your Customer (KYC)' norms under
completion of its obligations where such failure or delay is caused, in whole or in part, by any Force Majeure Prevention of Money Laundering Act, 2002 (PMLA), Birla Sun Life Asset Management Company Limited
event including acts of God, civil war, civil commotion, riot, strike, mutiny, revolution, fire, flood, war, (BSLAMC)/ Birla Sun Life Mutual Fund (BSLMF) shall not accept applications for subscriptions of units
earthquake, or any other cause of peril which is beyond the AMC/ Registrar /Service Provider’s and/or the accompanied with Third Party Payments, except in the cases as enumerated below in para (iii).
Bank’s/s’ reasonable control. Further no separate intimation will be received from AMC / It’s Registrar / Bank (ii) “Third Party Payment” means payment through an instrument issued from a bank account other than that of
and/or Service Providers in case of non-execution of the instructions in case of such Force Majeure events. the beneficiary investor. In case of payments from a joint bank account, the first named investor/holder of the
2. It is compulsory for all investors to quote their Permanent Account Number (PAN) and submit copy of the PAN card mutual fund folio has to be one of the joint holders of the bank account from which payment is made.
issued by the Income Tax Department, irrespective of the amount of investment, while making an application for (iii) BSLAMC shall not accept subscriptions accompanied with Third Party Payments except in the following
Purchase of Units. In case of joint applicants, PAN details of all holders should be submitted. In case the investor exceptional situations subject to submission of requisite documentation/declarations enumerated in para (iv)
making the application is a minor, PAN details of the Guardian must be submitted. Investors residing in the state of below:
Sikkim are exempt from the mandatory requirement of PAN proof submission, however sufficient documentary a. Payment by Parents/Grand-Parents/Related persons on behalf of a minor in consideration of natural love
evidence shall have to be submitted to Birla Sun Life Mutual Fund for verifying that they are residents of State of and affection or as gift for a value not exceeding ` 50,000/- (each regular purchase or per SIP installment)
Sikkim. Investors (being individuals) applying for Micro SIP registrations are exempt from mandatory requirement of However, this restriction will not be applicable for payment made by a guardian whose name is registered
PAN submission. For further details on Micro SIP, please refer instructions (E-23) in SIP Application Form. in the records of Mutual Fund in that folio as a guardian.
3. DIRECT APPLICATIONS AND EUIN b. Payment by Employer on behalf of employee under Systematic Investment Plans (SIP) through Payroll
a. Investment in Direct Plan: Investors applying under Direct Plan, are advised to write the word 'DIRECT' in the deductions.
column 'ARN No' or 'Broker Code' in their applications for purchases/additional purchases/switches in all such c. Custodian on behalf of an FII or a client.
cases where applications are not routed through any distributor/agent/broker. In cases where unit holder uses a
(iv) In case of 'exceptional situations' mentioned above, investors are required to submit following documents/
pre-printed transaction slip/application form where details in the 'ARN No' or 'Broker Code' column is already
declarations alongwith the application form without which such applications will be rejected/not processed/
printed, unit holder should cancel the ARN No/ Broker Code, write 'DIRECT' in the said column. Also, in case
refunded:
ARN No/ Broker Code is mentioned in the application form, but “Direct Plan” is indicated, the ARN No/
Broker Code will be ignored and the application will be processed under Direct Plan, subject to it being a. Mandatory KYC for all Investors (guardian in case of minor) and the person making the payment i.e. third
complete in all other aspects. Further, where application is received for Regular Plan without Distributor party. In order for an application to be considered as valid, investors and the person making the payment
code or "Direct" mentioned in the ARN Column, the application will be processed under Direct Plan. should attach their valid KYC Acknowledgement Letter to the application form.
b. Employee Unique Identification Number (EUIN) is a unique number allotted to Sales personnel i.e. employee/ b. A separate, complete and valid 'Third Party Payment Declaration Form', inter alia, containing the details of
relationship manager/ sales person of the distributor interacting with the investor for the sale of mutual fund the bank account from which the payment is made and the relationship with the investor(s). The
products. Such sales personnel associated with Distributor, should also be holding a valid NISM certificate. declaration has to be given by the person making the payment i.e. Third Party. Please contact the nearest
Thus, in case of applications routed through distributors, in addition to the AMFI Registration Number Investor Service Centre (ISC) of BSLAMC or visit our website www.birlasunlife.com for the said
(ARN) of the distributor, Investors are requested to also provide the EUIN of the individual ARN holder or of Declaration Form.
employee/relationship manager/ sale person of the Distributor interacting with the investor. Providing BSLAMC/BSLMF shall verify the source of funds to ensure that funds have come from the drawer's
appropriate EUIN in the application/ transaction forms would assist in tackling the problem of mis-selling even if account only
the Sales personnel on whose advice the transaction was executed by investor leaves the employment of the (v) Investors are requested to note that, in case of:
distributor or his/her sub broker. If the distributor has not given any advice pertaining to the investment (i.e. a. Payment by Cheque: An investor at the time of his/her purchase must provide the details of his pay- in
transaction is ‘execution only’), then the EUIN box may be left blank, but it would be mandatory for the investor bank account (i.e. account from which a subscription payment is made) and his pay-out bank account (i.e.
to provide confirmation as mentioned in the application form. account into which redemption/dividend proceeds are to be paid). If the name/bank account number is not
4. DIVIDEND SWEEEP FACILITY: pre-printed on the cheque and signature on the cheque does not match with signature on the application,
(i) For equity Schemes: Under Dividend Sweep Facility the unitholders can opt for switching the dividend earned then the first named applicant /investor should submit any one of the following documents:
under any of the Open-ended Scheme into any other Open-ended Equity Scheme or into the any of the following (i) a copy# of the bank passbook or a statement of bank account having the name and address of the
Open ended schemes of Birla Sun Life Mutual Fund viz., Birla Sun Life Savings Fund, Birla Sun Life Treasury account holder and account number;
Optimizer Plan, Birla Sun Life Short Term Fund, Birla Sun Life Income Plus, Birla Sun Life Cash Manager, Birla (ii) a letter* (in original) from the bank on its letterhead certifying that the investor maintains an account
Sun Life Gilt Plus, Birla Sun Life Government Securities Fund, Birla Sun Life Dynamic Bond Fund, Birla Sun Life with the bank, along with information like bank account number, bank branch, account type, the MICR
Medium Term Plan, Birla Sun Life Monthly Income, Birla Sun Life MIP, Birla Sun Life MIP II or Birla Sun Life Short code of the branch & IFSC Code (where available).
Term Opportunities Fund. # Investors should also bring the original documents along with the documents mentioned in (I) above to the
(ii) For debt Schemes: Under Dividend Sweep Facility the unitholders can opt for switching the dividend earn under ISCs/Official Points of Acceptance of BSLMF. The copy of such documents will be verified with the original
open ended debt schemes into any other equity or balanced scheme of Birla Sun Life Mutual Fund. In case the documents to the satisfaction of the BSLAMC/BSLMF. The original documents will be returned across the
investor fails to specify his preference of Option/Facililty for the scheme into which the dividend has to be counter to the investor after due verification.
sweeped, Growth option under the respective Open ended Equity or Balanced Scheme, as applicable, shall be *In respect of (ii) above, it should be certified by the bank manager with his/her full signature, name, employee
the default option and the application form shall be processed accordingly. For sweep facility under equity or code, bank seal and contact number.
debt schemes, in case the investor fails to specify his preference of Option/Facililty for the scheme into which
Investors should note that where the bank account numbers have changed on account of the implementation of
the dividend has to be sweeped, Growth option under the respective Scheme shall be the default option and the
core banking system at their banks, any related communication from the bank towards a change in bank
application form shall be processed accordingly. Further, the dividend (net of applicable TDS, if any) shall be
account number should accompany the application form for subscription of units.
switched subject to minimum investment eligibility requirements of the Opted Scheme at applicable NAV based
prices (ex-dividend NAV, if the opted Scheme has a record date on the date of exercise of sweep facility). This b. Payment by Prefunded Instrument: (1) If the subscription is settled with pre-funded instruments such as
facility shall be processed on the record date of the dividend declared under the Scheme. Further this facility Pay Order, Demand Draft, Banker’s cheque, etc., a Certificate (in original) from the Issuing banker must
shall not allow for switch of partial dividend or switch of dividend to multiple schemes. accompany the purchase application, stating the Account holder’s name and the Account number which
has been debited for issue of the instrument. The account number mentioned in the Certificate should be a
(iii) For Monthly Dividend Sweep option for Birla Sun Life Dynamic Bond Fund: Under this option the Unitholders
registered bank account or the first named unitholder should be one of the account holders to the bank
can opt for switching the dividend earned under the Scheme into any other Open-ended Equity Scheme or
account debited for issue of such instruments. Investors may also submit a copy of the acknowledgement
Balanced Scheme of Birla Sun Life Mutual Fund as opted by the Unitholder. The dividend (net of applicable TDS,
from the bank, wherein the instructions to debit carry the bank account details and name of the investor as
if any) shall be switched subject to minimum investment/sweep amount of ` 1000 or the minimum investment
an account holder, or a copy of the passbook/bank statement evidencing the debit for issuance of a DD,
eligibility criteria of the scheme into which the dividend is sweeped in; whichever is higher, at applicable NAV
provided bank account number has to match with the details provided in the application form and name
based prices plus applicable load, (exdividend NAV, if the opted Scheme has a record date on the date of
should match with the name of the first named unitholder.
exercise of sweep option).
(2) A pre-funded instrument issued by the Bank against Cash shall not be accepted for investments of
5. KNOW YOUR CLIENT (KYC): According to guidelines issued by SEBI under 'The Prevention of Money Laundering
Act, 2002', Mutual Funds are required to follow enhanced know your customer (KYC) norms. Investors can visit ` 50,000/- or more. This also should be accompanied by a certificate from the banker giving name,
branches of BSLAMC or may visit www.birlasunlife.com, www.amfiindia.com and www.cdslindia.com to know address and PAN (if available) of the person who has requested for the payment instrument. The name
detailed procedure for KYC compliance. mentioned on the Certificate should match with the name of the first named unitholder and certificate must
state such investor’s bank account number and PAN as per bank record, if available.
Effective January 01, 2011 it is mandatory for all category of investors to be KYC compliant for all investment
transactions made on or after January 01, 2011, irrespective of amount of investment. The Certificate(s) mentioned in (1) and (2) above should be duly certified by the bank manager with his/her
full signature, name, employee code, bank seal and contact number.
To further clarify, the above category of investors shall include:
c. Payment by RTGS, NEFT, Bank transfer, etc:
i. their constituted Power of Attorney (PoA) holder, in case of investments through a PoA
A copy of the instruction to the bank stating the account number debited must accompany the purchase
ii. each of the applicants, in case of investments in joint names; and
application. The account number mentioned on the transfer Instruction copy should be a registered bank
iii. Guardian in case of investments on behalf of minor. account or the first named unitholder should be one of the account holders to the bank account.
Applications without KYC Acknowledgement letter for the specified category of investors are liable to be rejected. In case the application for subscription does not comply with the above provisions, BSLAMC/BSLMF retains the Sole
Provided further, where it is not possible to verify the KYC compliance status of the investor at the time of allotment of and absolute discretion to reject/not process such application and refund the subscription money and shall not be
units, the BSLAMC shall verify the KYC compliance status of the investor within a reasonable time after the allotment liable for any such rejection.
of units. In the event of non compliance of KYC requirements, the BSLAMC reserves the right to freeze the folio of the 8. Email communication
investor(s) for any kind of transactions or affect mandatory redemption of unit holdings of the investors at the
Account Statements, Quarterly Newsletter, Annual Reports and Transaction Confirmation can be sent to Unit holders
applicable NAV, subject to payment of exit load. Investors should note that on completion of KYC Compliance all
by post / e-mail. Should the Unit holder experience any difficulty in accessing in the electronically delivered
details of the investor in the Mutual Fund records will be replaced by the details as given in KYC Application Form by
documents, the unit holder shall promptly inform the same to the Mutual Fund. It is deemed that the Unit holder is
the investor. Any change in these details like change of Name / Address / Status /Signature, etc. should be given by
aware of all security risks including possible third party interception of the documents and contents of the documents
Investor directly in the prescribed manner.
becoming known to third parties.
Pursuant to SEBI Circular No. MIRSD/ Cir-26/ 2011 dated December 23, 2011, SEBI (KYC Registration Agency)
9. TRANSACTION CHARGES
Regulations, 2011 and SEBI Circular No. MIRSD/SE/Cir-21/2011 dated October 05, 2011, regarding uniformity in
the Know Your Customer (KYC) process in the securities market and development of a mechanism for centralization SEBI with the intent to enable investment by people with small saving potential and to increase reach of Mutual
of the KYC records to avoid duplication of KYC Process across the intermediaries in the securities market, the Fund products in urban areas and in smaller towns, wherein the role of the distributor is considered vital, has
following changes are being made to KYC process w.e.f. January 01, 2012: allowed AMCs vide its circular No. Cir/ IMD/ DF/13/ 2011 dated August 22, 2011 to deduct transaction charges
for subscription of ` 10,000/- and above. In accordance with the said circular, if the distributor, through which
1. SEBI has introduced a common KYC Application Form for all the SEBI registered intermediaries viz. Mutual
your application form is being routed, has opted to receive the Transaction Charges, Birla Sun Life Asset
Funds, Portfolio Managers, Depository Participants, Stock Brokers, Venture Capital Funds, Collective
Management Co. Ltd. / Birla Sun Life Mutual Fund shall deduct the Transaction Charge of ` 150/- (for First Time
Investment Schemes, etc. New Investors are therefore requested to use the common KYC Application Form and
Mutual Fund Investor) or ` 100/- (for Investor other than First Time Mutual Fund Investor i.e. Existing Mutual
carry out the KYC process including In-Person Verification (IPV) with any SEBI registered intermediaries
Fund Investor) from your subscription amount and pay the same to such distributor. Thereafter, the units shall
including mutual funds. The KYC Application Forms are also available on our website www.birlasunlife.com.
be allotted against the balance amount invested after deduction of Transaction charges payable to the
2. The Mutual Fund shall perform the initial KYC of its new investors and may undertake enhanced KYC measures distributor. The statement of account shall clearly state the net investment as gross subscription less
commensurate with the risk profile of its investors. The Mutual Fund shall upload the details of the investors on transaction charge and depict the number of units allotted against the net investment amount.
the system of the KYC Registration Agency (KRA). Registrar & Transfer Agent (RTA) of the Mutual Fund may
No transaction charges will be deducted for any purchase/subscription made directly with the Fund (i.e. not
also undertake the KYC of the investors on behalf of the Mutual Fund. KRA shall send a letter to the investor
through routed any distributor/agent).
within 10 working days of the receipt of the initial/updated KYC documents from the Mutual Fund, confirming
the details thereof. In case of investments through Systematic Investment Plan (SIP): Transaction charges in case of investments
through Systematic Investment Plan (SIP) shall be deducted only if the total commitment (i.e. amount per SIP
3. Once the investor has done KYC with a SEBI registered intermediary, the investor need not undergo the same
installment x No. of installments) amounts to ` 10,000/- or more. The transaction charges shall be deducted in 3-4
process again with another intermediary including mutual funds. However, the Mutual Fund reserves the right to
installments.
carry out fresh KYC of the investor.
Investor should note that, as per SEBI circular no. SEBI/IMD/CIR No. 4/ 168230/09, dated June 30, 2009, the
4. It is mandatory for intermediaries including mutual funds to carry out In-Person Verification (IPV) of its new
upfront commission, if any, on investment made by the investor shall continue to be paid by the investor directly
investors w.e.f January 01, 2012.
to the Distributor by a separate cheque, based on his assessment of various factors including the service
The IPV carried out by any SEBI registered intermediary can be relied upon by the Mutual Fund. BSLAMC and rendered by the Distributor.
NISM/AMFI certified distributors who are KYD compliant are authorized to undertake the IPV for Mutual Fund
investors. Further, in case of any applications received directly (i.e. without being routed through the
distributors) from the investors, the Mutual Fund may rely upon the IPV (on the KYC Application Form)
performed by the scheduled commercial banks.
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