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Declaration


The information and data contained in this Website do not constitute distribution, an offer to buy or sell or solicitation of an offer to buy or sell any Schemes/Units of Birla Sun Life Mutual Fund (BSLMF), securities or financial instruments in any jurisdiction in which such distribution, sale or offer is not authorised. In particular, the information herein is not for distribution and does not constitute an offer to buy or sell or the solicitation of any offer to buy or sell any securities or financial instruments in the United States of America ("US") and Canada to or for the benefit of United States persons (being persons resident in the US, corporations, partnerships or other entities created or organised in or under the laws of the US or any person falling within the definition of the term "US Person" under the US Securities Act of 1933, as amended) and persons of Canada.

By entering this Website or accessing any data contained in this Website, I/We hereby confirm that I/We am/are not a U.S. person, within the definition of the term 'US Person' under the US Securities laws/resident of Canada. I/We hereby confirm that I/We are not giving a false confirmation and/or disguising my/our country of residence. I/We confirm that Birla Sun Life Mutual Fund / Birla Sun Life Asset Management Company Limited (BSLAMC) is relying upon this confirmation and in no event shall the directors, officers, employees, trustees, agents of BSLAMC associate/group companies be liable for any direct, indirect, incidental or consequential damages arising out of false confirmation provided.

FAQs

  •   What is the relevance of AMFI Registration Number (ARN) ?

    It identifies the person. It indicates that the person is registered Financial Advisor. Applications / assets mobilized are identifiable. Used for the computation of brokerage feasibility.

  •   What are the rules for being Compliant as a Distributor

    A Distributor has to continuously have the validation of registry with AMFI. The ARN holder has to comply any and all circulars issued by AMFI and SEBI. Should not claim brokerage for his/her own investments. Should not share brokerage with his client. Should submit the Self Declaration form to the AMC before the end of the financial year.

  •   What are the consequences of being NON Compliant ?

    Suspension of AMFI Certificate. In case Self Declaration not submitted to AMC before the end of the financial year, or within 3 months from the start of next financial year then his brokerage will be suspended thereafter till submission.

  •   What is brokerage and how is it paid ?

    For services rendered by Distributor, the commission being computed is called Brokerage. For fresh application mobilized and / or advising unit holder to further invest, a brokerage amount under name UPFRONT is paid. For amounts so mobilized that are retained with the Fund, a brokerage amount under the name TRAIL FEE is paid. Other than Upfront and Trail Fee, AMC may pay Incentives for achieving Sales Targets and he may also reimbursed expenses incurred for achieving the said sales targets.

  •   How can a distributor have a Nomination and what is the Commission Payable to Nominee

    Distributor will have to nominate for his brokerage amounts receivable by him / her. The Nomination procedure is the same as the procedure for UNIT HOLDING. Commission accrued till the date of death are payable to Nominee. Any further purchases / switch that are made after the date of death do not attract commission.

  •   How do I change an Existing broker code in records ?

    The following documents are required to process the change in Broker Code Letter required from the investor. NOC from the Old Broker whose code needs to be changed. From To Letter from Investor NOC from Broker Direct Broker YES NA Broker Direct YES NA Broker Broker YES YES

  •   How do I change the Bank Mandate ?

    Please produce the following documents for changing the Bank Mandate Letter from the Distributor for the change in Bank Mandate. Copy of the cancelled cheque. Please fill in the Updation Form and submit after duly signing.

  •   How do I subscribe and redeem units of a mutual fund scheme on stock exchanges?

    In order to extend the convenience that investors in the secondary market have, to investors in Mutual Funds, SEBI has allowed Stock Exchanges to offer their existing infrastructure for subscribing and redeeming units of a mutual fund scheme.

    In accordance with the same, National Stock Exchange of India Ltd. offers Mutual Fund Service System (MFSS) and Bombay Stock Exchange Ltd. offers BSE Stock Exchange Platform for Allotment and Repurchase of Mutual Funds (BSE StAR MF) [collectively called as Stock Exchange Platform(s) for Mutual Funds] for transacting in certain schemes of Birla Sun Life Mutual Fund.

    For further details on trading through Stock Exchange Platform(s), you may refer to the following websites:

    http://www.nseindia.com/products/content/equities/mutual_funds/mfss.htm

    http://www.bseindia.com/about/BSEstarmf.asp

    All transactions carried out through the Stock Exchange Platform for Mutual Funds shall be subject to such guidelines as may be issued by NSE, BSE and also SEBI (Mutual Funds) Regulations, 1996 and circulars / guidelines issued thereunder from time to time, in this regard.

    Click here to view List of schemes on BSE STAR MF

    Click here to view List of schemes on MFSS

Declaration


The information and data contained in this Website do not constitute distribution, an offer to buy or sell or solicitation of an offer to buy or sell any Schemes/Units of Birla Sun Life Mutual Fund (BSLMF), securities or financial instruments in any jurisdiction in which such distribution, sale or offer is not authorised. In particular, the information herein is not for distribution and does not constitute an offer to buy or sell or the solicitation of any offer to buy or sell any securities or financial instruments in the United States of America ("US") and Canada to or for the benefit of United States persons (being persons resident in the US, corporations, partnerships or other entities created or organised in or under the laws of the US or any person falling within the definition of the term "US Person" under the US Securities Act of 1933, as amended) and persons of Canada.

By entering this Website or accessing any data contained in this Website, I/We hereby confirm that I/We am/are not a U.S. person, within the definition of the term 'US Person' under the US Securities laws/resident of Canada. I/We hereby confirm that I/We are not giving a false confirmation and/or disguising my/our country of residence. I/We confirm that Birla Sun Life Mutual Fund / Birla Sun Life Asset Management Company Limited (BSLAMC) is relying upon this confirmation and in no event shall the directors, officers, employees, trustees, agents of BSLAMC associate/group companies be liable for any direct, indirect, incidental or consequential damages arising out of false confirmation provided.