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• EquityandEquityrelatedinstruments65-100% • DebtandMoneyMarketInstruments0-35%
CONTINUOUS OFFER OF UNITS AT NAV - BASED PRICESThisKeyInformationMemorandum(KIM)setsforththeinformation,whichaprospectiveinvestoroughttoknowbeforeinvesting.Forfurtherdetailsofthescheme/MutualFund,duediligencecertificatebytheAMC,keypersonnel, investors’rights&services,riskfactors,penalties&pendinglitigations,associatetransactionsetc. investorsshould,beforeinvestment,refertotheSchemeInformationDocumentavailablefreeofcostatanyoftheInvestorServiceCentresordistributorsorfromthewebsitewww.saharamutual.com.TheSchemeparticularshavebeenpreparedinaccordancewithSecuritiesandExchangeBoardofIndia(MutualFunds)Regulations1996,asamendedtilldate,andfiledwithSecuritiesandExchangeBoardofIndia(SEBI).TheunitsbeingofferedforpublicsubscriptionhavenotbeenapprovedordisapprovedbySEBI,norhasSEBIcertifiedtheaccuracyoradequacyofthisKIM.Sponsor :SaharaIndiaFinancialCorporationLimited,SaharaIndiaBhawan,1,KapoorthalaComplex,Lucknow-226024,UttarPradesh,India. Investment Manager :SaharaAssetManagementCompanyPrivateLimited, Registered & Corporate Office :97-98,9thFloor,Atlanta,NarimanPoint,Mumbai-400021.,Maharashtra,India.Trustees :BoardofTrustees
SAHARA MUTUAL FUNDKey Information Memorandum - Sahara Star Value Fund
Corporate Office:97-98, 9th Floor, Atlanta,
Nariman Point,Mumbai-400 021., India.
INVESTMENT OBJECTIVE
Thenormalassetallocationshownaboveisindicativeandmaybealteredfromtimetotimeondefensiveconsiderations.
DESPATCH OF REPURCHASE (REDEMPTION) REQUESTAsperSEBIregulationstheredemptionschequeshavetobedispatchedwithin10workingdaysofthereceiptoftheredemptionrequestattheauthorisedcentreoftheSaharaMutualFund.
NAME OF FUND MANAGERScheme NameSaharaStarValueFundKhozemJabalpurwala
BENCHMARK INDEXScheme BenchmarkSaharaStarValueFund S&PBSE200Index
MINIMUM APPLICATION AMOUNT / NUMBER OF UNITS Scheme Minimum Application Amount (`) Repurchase (`)SaharaStarValueFund
Sahara Star Value Fund: Initial Offer Period TheexpensesinexcessoftheEntryLoadwasbornebytheAMC.
SAHARA STAR VALUE FUND LOAD STRUCTUREEXITLOAD:1%-Ifredeemedonorbefore12months.NIL-Ifredeemedafter12months.
The graphical representation reflects the returns (Regular Plan) for each of the last 5financialyears.Total Expense ratio (FY : 2018-19)(unaudited) : Regular Plan 2.68%
{Investments under the Direct Option shall have a lower expense ratio excluding distribution expenses, commission, etc and no commission for distribution of Units will be paid / charged for Direct Options.}Inadditiontothe limitsspecified, thefollowingcostsandexpensesmaybechargedtothescheme,namely.• “Brokerageandtransactioncosts,overandabove,0.12percentincaseofcashmarket
transactions and 0.05 per cent in case of derivatives transactions” which cannot beincludedinthecostofInvestments.”
• Goods&ServicesTaxwouldbechargedonInvestmentandAdvisoryFeesinadditiontothemaximumlimitofTotalExpenseRatio(TER)oftheschemeasprescribedinregulation52oftheSEBI(MutualFunds)Regulations,1996.
• AnnualSchemerecurringexpenses:WithinthemaximumlimitofTERasperregulation52oftheRegulations,atleast2basispointsondailynetassetsofthescheme/swouldbeannuallysetapartforInvestorEducationandAwarenessinitiatives.
• SAHARA STAR VALUE FUND : The investment objective is to provide long term capital appreciation by
investing predominantly in equity / equity related instruments of selectcompaniesbasedonvalueparameters.Thisschemeissuitableforinvestorswhoareseeking• LongTermCapitalGrowth;• Investment in Equity & equity related securities including equity
derivatives.• Moderatelyhighrisk.
(Investorsunderstandthattheirprincipalwillbeatmoderatelyhighrisk)(Investorsshouldconsulttheirfinancialadvisersifindoubtaboutwhethertheproductissuitableforthem.)
ASSET ALLOCATION PATTERN OF THE SCHEME
(IncludingSecuritisedDebt)
` 1000/-` 5000/-andinmultiplesof` 1/-
SaharaStarValueFund
Scheme Type of Instruments % of Net Assets
SEBIvideitsOrderno:WTM/PS/26/IMD/DOF-III/July/2015dated28thJuly,2015haddirectedcancellationof“CertificateofRegistration”ofSaharaMutualFundwhichwastobeeffectiveonexpiryofsixmonthsfromthedateoftheOrder.Further,SEBIalsodirectedbythesaidOrderthattheMutualFundshallnottakeanynewsubscriptionfrominvestors.Accordingly, theMutualFundhasnot takenanynewsubscription fromthe investors(includingexisting investors) in linewith thesaidSEBIorder.SaharaAssetManagementCompanyPvt.Ltd(SAMCPL)filedanappealbeforetheSecuritiesAppellateTribunal(SAT),MumbaitosetasidethesaidSEBIorder.SATvideitsorderdated28THJuly,2017dismissedourappeal.AnappealinthematterwasfiledbeforetheHon’bleSupremeCourtHon’bleSupremeCourtvideitsorderdated23rdOctober,2017dismissedourappeal.SEBIvidetheirorderdatedApril11,2018orderedforwindingupofallschemesexceptSaharaTaxGainFund.AnappealinthematterwasfiledbeforetheSecuritiesAppellateTribunal(SAT),SATvideitsorderdatedMay3rd,2018directedOneLifeCapitalAdvisorsLtdtomakeafreshapplicationseekingapprovalofSEBIforbeingthesponsorandtillthedecisiononthesaidapplicationiscommunicated,SEBIshallnotenforcetheordersimpugnedinthetwoappeals.
Folios: 176 AUM in Lakhs: 43.42`
PERFORMANCE OF SCHEME AS ON 31/05/2019SAHARA Star Value Fund-
CompoundedAnnualized Returns (Regular)
SchemeReturns %
S & PBSE 200Index%
Returnsforthelast1year
Returnsforthelast3years
Returnssinceinception(14/09/2009)
(1.18)
9.95
9.41
8.41
14.59
11.46
Returnsforthelast5years 7.97 12.54
34.86
1.61
38.96
3.34
-1.37
33.77
-6.44
24.03
12.4912.10
-20.00
-10.00
0.00
10.00
20.00
30.00
40.00
50.00
2014-15 2015-16 2016-17 2017-18 2018-19
SAHARA Star value Fund S & P BSE 200
Recurring expenses First`500cr:2.25%, Next`250cr:2.00% Next`1250crs:1.75%, Next`3000crs:1.60%,
Onthenext` 40000 crs of daily net assets, TER reduction of 0.05% of every
` 5000 crs; On balance assets;1.05%
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• Dividend Policy:AsdisclosedinthisSchemeInformationDocument,theBoardofTrustees proposes to adopt the following dividend distribution policy:UndertheDividendOption, it isproposedtodeclaredividendsatanappropriatetime,subject to availability of distributable profits, as computed in accordance withSEBIRegulations.Dividends,ifany,declaredwouldbepaidtothoseUnitholderswhosenamesappear in theRegisterofUnitholderson theRecordDate.TheactualdatefordeclarationofdividendwillbenotifiedbyasuitabledisplayattheInvestorServiceCentres.Unitholdersareentitledtoreceivedividendwithin30daysof thedateofdeclarationof thedividend.Thedecisionof theTrustees inthisregardshallbefinal.
Name of the Trustee Company:BoardofTrusteesasTrustee
Waiver of Entry Load : Entry loadforallexistingopenendedschemesofSaharaMutualFundisNILw.e.f.1stAugust,2009,inlinewithSEBIcircular.Transaction Charges : Pursuant to SEBI circular, dated 22 August, 2011 and13th September 2012, based on type of schemes offered, a transaction chargeper subscription of ` 10,000/- and above will be charged from the investors bythe AMC and paid to the distributors as follows : a) existing investors : ` 100/-per subscription b) new investor : ` 150/- per subscription c) Transaction chargeif any will be deducted by the AMC from the subscription Amount and paid tothe Distributor and the balance shall be invested d) No Transaction charge onsubscription below ` 10,000/-. e) No transaction charge on direct investments. f)Transaction charges shall beapplicableonpurchases / subscriptions relating tonewinflowsonly.
FEATURES OF THE SCHEME
RiskProfileoftheScheme:Mutual Fund investments are subject to market risks, read all scheme related documents carefully.• Applicable NAV : PURCHASES: (a) the applicableNetAssetValue (NAV) in
respect of purchase/switch-in of units of SaharaMutual Fund schemes wouldbetheclosingNAVofthedayonwhichthefundsarerealizedupto3.00pm,forapplicationamountequal toormore than` 2 lakhs, subject to the transactionbeing timestampedappropriately.Forall subscriptionsup to`2 lakhs innon-liquidschemes,allotmentofunitswillbebasedontheNAVaspertimestamp.(b)wheretheapplicationisreceivedafter3.00pmwithalocalchequeordemanddraftpayableatparat theplacewhere it is received-closingNAVof thenextbusiness day; and (c) where the application is received with an outstationcheque or demand draft which is not payable on par at the place where it isreceived-closingNAVofdayonwhichthechequeordemanddraftiscredited.REPURCHASES: (a)wheretheapplicationreceivedupto3.00pm-closingNAVofthedayofreceiptofapplication;&(b)anapplicationreceivedafter3.00pm-closingNAVofthenextbusinessday.
• Switch and Sweep transactions: In case of ‘Switch’ transactions from oneschemetoanothertheallocationshallbeinlinewithredemptionpayouts.‘Switchin’transactionsshallapplyasiftheywerepurchasetransactionsand‘Switchout’transactionsasiftheywererepurchasetransactions.‘Sweep’transactionsshallapplyasiftheywerepurchasetransactionsandto‘reversesweep’transactionsallapplyasiftheywererepurchasetransactions.
Tax treatment for the Investors (Unit holders): The information so stated is basedon theMutual Fundsunderstanding of the tax laws in force as of the date of thisSchemeInformationDocument,Theinformationstatedbelowisonlyforthepurposesofprovidinggeneralinformationtotheinvestorsandisneitherdesignednorintendedtobeasubstituteforprofessionaltaxadvice.
PERFORMANCE OF SCHEME AS ON 31/05/2019SAHARA Star Value Fund-
CompoundedAnnualized Returns (Direct)
SchemeReturns %
S & PBSE 200Index%
Returnsforthelast1year
Returnsforthelast3years
(1.01)
10.08
7.92
8.41
14.59
12.54
Returnssinceinception(01/01/2013) 12.63 13.27
Returnsforthelast5years
A.TAXATION ON INVESTING IN MUTUAL FUNDS a. Tax Benefits to the Mutual Fund–Sahara Mutual Fund is a Mutual Fundregisteredwith theSEBI and hence the entire income of theMutual Fundwill beexemptfromincome-taxinaccordancewiththeprovisionsofsection10(23D)oftheIncome-taxAct,1961(theAct).TheMutualFundwillreceiveall incomewithoutanydeductionoftaxatsourceundertheprovisionsofsection196(iv)oftheAct.b. Taxation on investing in Equity Schemes of Mutual Fund1)TaxonIncomedistributionbytheMutualFund(applicableforallUnitholders) Income(other than incomearising from transferofunits) receivedbyunitholdersinrespectoftheunitsoftheMutualFund,isexemptfromtaxundersection10(35)oftheAct.Income distribution, if any, made by the Mutual Fund to the unit holders attractsdistributiontaxundertheprovisionsofsection115RoftheAct.Proviso(b)tosection115R(2)oftheActprovidesexemptiontoequityorientedmutualfundsfrompayingdistributiontaxonincomedistributedtounitholdersupto31.03.2018.FinanceAct,2018hasamendedtheprovisionsectionof115RoftheAct(DividendDistributionTax):FinanceAct, 2018hasamended the section andprovides thatwhere any incomeisdistributedbyamutual fundbeing,anEquityOrientedFund, theMutual fund isliabletopayadditionalincometax@10%onincomesodistributed.Forthispurpose,equityorientedfundwillhavethesamemeaningassignedtothenewsection112AoftheAct.Thisprovisionisapplicablew.e.f.April1,2018.“equityoriented fund”hasbeendefined tomeana fundsetupunderaschemeofamutualfundspecifiedunderclause(23D)ofsection10and,—a)Inacasewherethefund invests in theunitsofanother fundwhich is tradedonarecognizedstockexchange,-(I)Aminimumof90%ofthetotalproceedsofsuchfundsisinvestedintheunitsofsuchotherfund;and(II)suchotherfundalsoinvestsaminimumof90%ofitstotalproceedsintheequitysharesofdomesticcompanieslistedonrecognizedstockexchange;andb) in any other case, a minimum of 65 % of the total proceeds of such fund isinvested in the equity shares of domestic companies listed on recognized stockexchange2) Long-term Capital Gains Section10(38)of theActgrantsexemptionupto31.03.2018 toany incomearisingfromthetransferofalong-termcapitalasset,beingunitsofanequityorientedfund,held for a period ofmore than 12months, provided the transaction giving rise tothecapitalgains,attractsSecuritiesTransactionTax(STT)andismadeonorafterOctober1,2004i.e.thedateonwhichChapterVIIoftheFinance(No.2)Act,2004has come into force.The incomebywayof long-termcapital gainsof a companywouldbe taken intoaccount in computing thebookprofitsandMinimumAlternateTaxpayable,ifany,undersection115JBoftheAct(irrespectiveofwhetherornotitisexemptundersection10(38)oftheAct).FinanceAct,2018amendedtheprovisionof10(38)andintroducenewsection112AintheAct(TaxonLongTermCapitalGain):FinanceAct,2018haswithdrawn theexemptionprovided inclause(38)ofsection10ofTheAct.Further,anewsection112Ahas inserted for taxabilityof long termcapitalgainarisingfromtransferofalongtermcapitalassetbeinganequityshareinacompanyoraunitofequityorientedfundoraunitofabusinesstrustshallbetaxed@10%ifsuchcapitalgainexceedingRs.1,00,000p.a.Thisconcessional rateof10%.willbeapplicable tosuch long termcapitalgains,if—i) inacasewherelongtermcapitalassetisinthenatureofanequityshareinacompany,securitiestransactiontaxhasbeenpaidonbothacquisitionandtransferofsuchcapitalasset;andii)inacasewherelongtermcapitalassetisinthenatureofaunitofanequityorientedfundoraunitofabusinesstrust,securitiestransactiontaxhasbeenpaidontransferofsuchcapitalasset.Further,thenewprovisionofsection112Aalsoproposestoprovidethefollowing:—i)The long term capital gains will be computed without giving effect to the firstand second provisos to section 48, i.e. inflation indexation in respect of cost ofacquisitionsandcostofimprovement,ifany,andthebenefitofcomputationofcapitalgains in foreigncurrency in thecaseofanon-resident,willnotbeallowed. ii)Thecostofacquisitionsinrespectofthelongtermcapitalassetacquiredbytheassesseebeforethe1stdayofFebruary,2018,shallbedeemedtobethehigherof–a)theactualcostofacquisitionofsuchasset;andb)thelowerof–(I)thefairmarketvalueofsuchasset;*and(II)thefullvalueofconsiderationreceivedoraccruingasaresultofthetransferofthecapitalasset.*Fairmarketvaluehasbeendefinedtomean–a)inacasewherethecapitalassetis listed on any recognized stock exchange, the highest price of the capital assetquotedonsuchexchangeonthe31stdayofJanuary,2018.However,wherethereisnotradinginsuchassetonsuchexchangeonthe31stdayofJanuary,2018,thehighestpriceofsuchassetonsuchexchangeonadateimmediatelyprecedingthe31stdayofJanuary,2018whensuchassetwastradedonsuchexchangeshallbethe fairmarketvalue;andb) inacasewhere thecapitalasset isaunitand isnotlistedon recognizedstockexchange, thenet asset valueof suchassetason the
Thegraphicalrepresentationreflectsthereturns(Directplan)foreachofthelast5financialyears.Total Expense ratio (FY : 2018-19)(unaudited) Direct Plan : 2.50%
44.99
0.81
38.89
3.45
-1.21
33.77
-6.44
24.03
12.49 12.10
-20.00
-10.00
0.00
10.00
20.00
30.00
40.00
50.00
2014-15 2015-16 2016-17 2017-18 2018-19
SAHARA Star value Fund S & P BSE 200
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Daily Net Asset Value (NAV) Publication TheNAVwillbedeclaredonallbusinessdaysunderthescheme.NAVcanalsobeviewedonwww.saharamutual.comandwww.amfiindia.com For Investor Grievances please contact Registrar : KARVY Computershare Private Limited(Unit:SaharaMutualFund)#59,‘SKANDA”,PuttannaRoad,Basavangudi,Bengaluru-560004.Ph:080-67453356
TollFreeNo.:18004254034/35Email:[email protected]
Sahara Mutual Fund, 97-98,9thFloor,Atlanta,NarimanPoint,Mumbai-400021.Tel:022-22047197/98.Fax-022-22047199E-mail:[email protected] Website:www.saharamutual.com
Unit holders’ Information Account statement, Half Yearly / Annual financial results and Monthly / Half yearlyportfolio disclosure shall be provided to investors by post/e-mail/notice/uploaded onwebsite,asperregulations. Date : 21.06.2019
31stdayofJanuary,2018.3) Short-term Capital GainsUnder section 111A,where the total income of an assessee includes any incomechargeableunder thehead“CapitalGains”,arising from81 the transferofashort-termcapitalasset,beingaunitofanequityorientedfundheldforaperiodnotmorethan 12months and (a) the transaction of sale of such unit is entered into on orafterOctober1,2004,i.e.thedateonwhichChapterVIIoftheFinance(No.2)Act,2004hascomeintoforce;and(b)suchtransactionischargeabletoSTTunderthatChapter,thetaxpayablebytheassesseeonsuchshort-termcapitalgainsisattherateof15percent.IncaseofresidentindividualsandHinduUndividedFamilies(‘HUFs’),wherethetotalincomeasreducedbytheshort-termcapitalgains,isbelowthebasicexemptionlimit,theshort-termcapitalgainswillbereducedtotheextentoftheshortfallandonlythebalanceshort-termcapitalgainswillbesubjectedtothe15percenttaxrate.(4) Securities Transaction Tax
TaxableSecuritiesTransaction TaxRate(%)
Delivery based sale transaction in unitsof equity oriented fund entered in arecognizedstockexchange
0.001
Sale of equity shares, units of equityoriented mutual fund (non-deliverybased)
0.025%
Sale of unit of an equity oriented fund totheMutualFund 0.001%
(5) Dividend Stripping (All Unit holders)Aspersection94(7)oftheAct,lossarisingonsaleofunits,whichareboughtwithin3months prior to the record date (i.e. the date fixed by theMutual Fund for thepurposes of entitlement of the unit holders to receive dividend) and sold within 9monthsaftertherecorddate,shallbeignoredforthepurposeofcomputingincomechargeable to tax to the extent of exempt income received or receivable on suchunits.(6).Tax Deduction at Source on Capital Gains a.Domesticunitholders:Noincome-taxisdeductibleatsourcefromincomebywayofcapitalgainsundertheprovisionsoftheAct.b. Foreign Institutional Investors /Foreign Portfolio Investor : Under section 196DoftheAct,nodeductionshallbemadefromanyincomebywayofcapitalgains,inrespectoftransferofunitsreferredtoinsection115ADoftheAct.c. Other Non-resident Unit holders: In the case of a non-resident other than acompany: No income tax is deductible on long-term capital gains arising on sale/transferonunitsofequityorientedmutualfundsexemptundersection10(38)oftheActuptoMarch31,2018.Furtherlongtermcapitalgainarisingonsale/transferonunitsofequityorientedmutualfundsonorafterApril1st,2018willbetaxableaspernewprovision112AofTheActandifsuchcapitalgainexceedingRs.1,00,000p.a.andwithholdingwillbeapplicable@10%.Incometaxisdeductibleonshort-termcapitalgainsarisingonsale/transferofunitsofequityorientedmutualfunds(asdefinedunderabove)attherateof15percent.Inthecaseofaforeigncompany:Noincome-taxisdeductibleonlong-termcapitalgains arising on sale/ transfer onunits of equity orientedmutual fundsas definedundersection10(38)oftheActuptoMarch31,2018.Furtherlongtermcapitalgainarising on sale/transfer on units of equity oriented mutual funds on or afterApril1st,2018willbe taxableaspernewprovision112AofTheAct ifsuchcapitalgainexceedingRs.100000p.a..Incometaxisdeductibleonshort-termcapitalgainsarisingonsale/transferofunitsofequityorientedmutualfunds(asdefinedabove)attherateof15percent.(7) Tax TreatyIncome-tax is required to be deducted at source from capital gains chargeable totaxundersection195of theActat theapplicablerates. InthecaseofanasseseeresidentofacountrywithwhichaDoubleTaxationAvoidanceAgreement(‘DTAA’)isinforce,thetaxshouldbewithheldasperprovisionsintheActoraspertheprovisionsintheDTAAwhicheverismorebeneficialtothenon-residentholder.However,suchanon-residentunitholderwillberequired toprovideappropriatedocuments to theFund,tobeentitledtoabeneficialrateundersuchDTAA.(8) Other BenefitsInvestments inUnitsof theMutualFundwill rankasaneligible formof investmentunderSection11(5)of theActreadwithRule17Cof theIncome-taxRules,1962,forReligiousandCharitableTrusts.(9) Gift-taxGift of units of Mutual fund units would be subject to Income Tax in the handsof the donor. As per section 56(2)(x), receipts of securities, fair market value ofwhich exceeds fifty thousand rupees, without consideration or without adequateconsideration is taxableas income in thehandsof individuals /HUFs. (Subject tocertainexemptions)
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1. Please read all Scheme related Documents carefully before filling the Application Form. ThisapplicationformisforResidentInvestors/NRIsetcandshould be completed in English inBLOCK LETTERS only. Please tick () intheappropriatebox(),whereboxeshavebeenprovided.New investorswhowishtoenrollforSystematicInvestmentPlan,needtocompleteandsubmitboth therelevantsectionsoftheApplicationForm&theSIPRegistrationFormtobeobtainedseparately.
Application by Companies, Bodies Corporate, Registered Societies, Trusts, Partnerships Firms or others In case of an application under a Power ofAttorneyorbyaLimitedCompany/BodyCorporate/RegisteredSociety/Trust/ Partnership Firm, the relevant Power of Attorney / the relevant resolution orauthoritytomaketheapplication/theTrustDeed/ASL/thepartnershipdeed,as thecasemaybe,ordulycertifiedcopyof theMemorandumandArticlesofAssociation/Bye-LawsmustbelodgedattheInvestorServiceCentrealongwiththe application, quoting the details of the application. All communication andpaymentsshallbemadetothefirstapplicantortheKartaincaseofHUF.
Applications by NRIs, PIOs, FIIs etc. In terms of its notification RBI hasgrantedageneralpermission tomutual funds,asreferred tounderSection10(23D)ofIncomeTaxAct,1961toissueandrepurchaseunitsoftheirschemeswhichareapprovedbySEBI toNRIs/OCBs,subject toconditions.Further, thegeneral permission is also granted to send such units to NRIs/OCBs to theirplaceof residenceor location, as the casemaybeandmakepayment to theNon-ResidentInvestors,subjecttoconditionssetoutintheaforesaidnotification.
However, NRI/OCB investors, if so desired also have the option to maketheir investment on a non-repatriable basis. The fund will comply with thenecessary regulatory provisions for repatriation of the investment after thereceiptofapproval.AllapplicationsfromOCBsandfromothercorporatebodiespredominantlyownedbyNRIsshouldbeaccompaniedwith therequisiteOAC/OACI (revised) form. The Schemes of SaharaMutual Fund are presently notregisteredunder the relevant laws,asapplicable in the territorial jurisdictionofU.S.orinanyprovincialorterritorialjurisdictionofCanada.Inviewoftheabove,w.e.fNovember 14th, 2014, theTrustees toSaharaMutual FundhasdecidedthatU.S.Persons,corporationsorotherentitiesorganizedunderthelawoftheU.S.andResidentsofCanadaasdefinedundertheapplicablelawsofCanadaarenotallowedtoinvestinunitsofanyoftheSchemesofSaharaMutualFund
2. TheSignature(s)shouldbeinEnglishorinanyoftheIndianlanguagesspecifiedintheEighthScheduleoftheConstitutionofIndia.ThumbImpressionsmustbeattestedbyaMagistrateoraNotaryPublicoraSpecialExecutiveMagistrateunderhis/herofficialseal.Applicationsbyminorsshouldbesignedbytheirguardian.IncaseofHUF,theKARTAshouldsignonbehalfoftheHUF.Similarly,fortheAssociationofPersons(AOP)theapplicationmustbesignedbytheAuthorisedSignatory.
3. Thecheque/demanddraftshouldbedrawninfavourofe.g.“Sahara Star Value Fund-Growth Option-Direct”oras the case may beandcrossed“AccountPayeeOnly”.Thecheque/demanddraftshouldbepayablelocallyatthecentrewheretheApplicationisdeposited.Thecheque/demanddraftshouldbedrawnonanybankwhichisamember/sub-memberoftheBankersClearingHouseofthatcity.
4. Investorsarerequestedtomentionthecorrectscheme name, option / sub-option intheapplicationform.Ifsuchachoiceisnotbeingindicatedbytheinvestor,itwillbedeemedthattheinvestorhasoptedforDividendRe-investmentoption.
5. As per SEBI guidelines, it is mandatory for the first applicant to provide the name of the bank, branch, address, account type and account number at the time of application. InvestmentsbymeansofDemandDrafts,willbeaccepted,onlyifaccompaniedwithaBankersCertificatethattheapplicantisaaccountholderwiththeissuingbankerandtheamountofDemandDrafthasbeenissuedfromhis/heraccount.ByfillinguptheMultipleBankAccountRegistrationForm,anindividualinvestorcanregisteruptofivebankaccountsforafoliowiththeFundtoreceivetheredemption/dividendproceedschoosingoneoftheseaccountsasthepreferredbankaccount.Non-individualscanregisterupto10differentbankaccountsforafolio.TheUnitHoldermaychoosetoreceivetheredemption/dividendproceedsinanyofthebankaccounts,thedetailsofwhichareregisteredunderthefacilitybyspecifyingthesameinthe‘ServiceRequestFormintheStatementofAccount/MultipleBankaccountRegistrationForm'.However,whereaUnitHolderdoesnotspecifythesame,thedefaultoptionwouldbetocredittheredemption/dividendproceedstothebankaccountchosenasthepreferredbankaccount.AMC/RTAshalladopttheprocessofverificationforaboveregistrationasisapplicableforachangeinbankmandate,inlinewithguidelinesissuedfromtimetotime.
6. KYC – (Now CKYC–Central KYC) SEBIvideitscircularref.no.CIR/MIRSD/66/2016datedJuly21,2016andcircular
ref.no.CIR/MIRSD/120/2016datedNovember10,2016hasprescribedthattheMutualFund/AMCshouldcaptureKYCinformationforsharingwithCentralKYCRegistry(‘CKYCR’)aspertheKYCtemplateforindividualsprescribedbyCERSAI.
InaccordancewiththeaforesaidSEBIcircularsandAMFIbestpracticeguidelinesforimplementationofCKYCnormswitheffectfromFebruary1,2017:
a) IndividualinvestorswhohaveneverdoneKYCprocessunderKRAregimei.e.anewinvestorwhoisnewtoSecuritiesMarket/KRAsystemandwhoseKYCisnotregisteredorverifiedintheKRAsystemshallberequiredtoprovideKYCdetailsintheCKYCFormtotheMutualFund/AMC.
b) IndividualinvestorswhohavefilledoldKRAKYCFormshallberequiredtoprovideadditional/missinginformationusingSupplementaryCKYCFormorfillCKYCForm.
INSTRUCTIONS TO INVESTORS FOR FILLING UP APPLICATION FORM c) IndividualInvestorwhoseKYCstatusisnotregisteredorverifiedinKRAsystemi.e.ifKYCstatusismentionedasKYCRejected/On-hold/CVLMFKYCwillhavetosubmittheCKYCForm.
Note:CKYCiscurrentlynotavailableforNon-IndividualInvestors.AllNon-IndividualInvestorswillcontinuewiththeoldKRAKYCform.
NewPANtoKRA/SecuritiesMarket&FirsttimeinvestortoMutualFund• Investor(s)needtofillupprescribedCKYCForm–ForIndividualsonly• IfoldKRA-KYCFormisused,investorshouldfill-upSupplementaryCKYCForm• KarvyISC/AMCbranchesshallverifythecompletenessofCKYCformsandalso
validatethesupportingdocuments.NotinGoodOrder(NIGO)casestobereturnedbacktotheInvestor/Distributor.
• ApplicationFormhastoaccompanytheCKYCForm.• PANNoshouldbementionedontheApplicationform.Investorshouldalsosubmita
Self-attestedcopyofthePAN.
InvestorisalreadyCKYCCompliedandhasKIN(KYCIdentificationNumber):• InvestorhastospecifyKINintheapplicationForm• AdditionallyDateofBirthisalsomandatoryforinvestorswhohaveprovidedtheirKIN.• PANNoshouldbementionedontheApplicationform.Investorshouldalsosubmita
Self-attestedcopyofthePAN.• OnlyiftheKYCstatusonCKYCsystemisvalidandKINisvalidated–further
processingshallbeallowed inRTAdatabase. Incaseofrejectstatus, fulldocumentationhastobeprovidedafresh(tobehandledaspertheprocessflowforFreshApplication)andmodificationconceptprevailinginKRAregimedoesnotexisthere.
CKYCProcessFlow:-• CKYCformwouldbehandedovertoAMC/KarvyISCalongwiththeMFapplication
form.• TheRegistrationofCKYCwouldbecompletedanddatauploadedalongwithrelevant
documentsontoCKYCportal.• Invalid/IncompleteCKYCandapplicationsareliabletoberejectedandrefunded.• The14digitReferenceNo.viz.KIN,wouldbereceivedfromCKYCportalonT+1
orT+2. *Politically Exposed Person (PEP):PEPsaredefinedasindividualswhoareor
havebeenentrusedwithprominentpublicfunctionsinaforeigncountry,e.g.,HeadofStatesorofGovernments,seniorexecutivesofstateownedcorporations,importantpoliticalpartyofficials,etc.orseniorpoliticalfiguresandtheirimmediatefamilymembersandcloseassociates.
Exemption from Permanent Account Number (PAN) requirement SecuritiesandExchangeBoardinIndia(SEBI)videitsletterno.OW/16541/2012datedJuly24,2012conveyedthatinvestmentsinmutualfundschemes{includinginvestmentsthroughSystematicInvestmentPlan(SIP)}oflessthan`50,000/-(RupeesFiftyThousand)peryearperinvestorshallbeexemptedfromrequirementofPAN.Accordingly,investorsarerequestedtonotethatthePANrequirementshallbeexemptediftheaggregateofthelumpsuminvestment(freshpurchase&additionalpurchase)andSIPinstallmentsbyaninvestorinrolling12monthsperioddoesnotexceed 50,000/-(RupeesFiftyThousand).However,itisclarifiedthattherequirementsofKnowYourCustomer(KYC)shallbemandatoryforallinvestments,irrespectiveoftheamountofinvestment.Forthepurposeofidentifyingsuchinvestmentsthevalueofinvestmentsattheinvestorlevel(firstholder)willbeaggregatedandsuchaggregationshallbedoneirrespectiveofthenumberoffolios/accountsunderwhichtheinvestorhasinvested.HoweverinlieuofPAN,Investorhastosubmitanyonephotoidentificationdocument(suchasVoterIDCard,governmentDefenseIDCard,Cardofreputedemployer,DrivingLicense,Passportetc)andproofofaddressalongwiththeapplicationTheaforesaidexemptionforPANwillbeapplicableonlytosuchinvestmentsmadebytheindividualsbeingIndiancitizens(includingNonResidentIndia(NRIs),Jointholders,minorsactingthroughguardianandsoleproprietaryfirms).PersonofIndianOrigin(PIOs),HinduUndividedFamily(HUFs),QualifiedForeignInvestor(QFIs)andothercategoriesofinvestorswillnotbeeligibleforthisexemption.
7) SYSTEMATIC TRANSFER PLAN (STP): STP Type Days Frequency Minimum STP
DailySTP AllBusinessdays Daily `100/-andinMultiplesof 1/-. WeeklySTP 7th,14th,21st,28thWeekly `500/-andinMultiplesof 1/-. MonthlySTP 1st,5th,25th Monthly Minimumamountasprovided
underSIP QuarterlySTP1st,5th,25th Quarterly Minimumamountasprovided
underSIP
TheDaily/Weekly/MonthlyorquarterlySTPshouldberegisteredforminimumof6monthsbetweentwoschemes.TheapplicationforSTPshouldbesubmittedatleast10BusinessDaysinadvancebeforethecommencementdateofSTP.NominimumbalancehastobemaintainedforoptingSystematicTransferPlan.
IncaseofSTP,ifthedayisanonbusinessdaytheprocessingwillbedoneonthenextbusinessday.Exitload,ifany,underrespectiveschemeswillapplytoSTP.
Minimumbalanceundertheschemes:TheAMCatitssolediscretionretainstherighttocloseunitholder'saccountifthetotalsubscriptionamountfallsbelowtheminimumapplicationamountoftherespectiveschemes/plan/optionattheendoftheperiodunderSIPoronaccountofredemption.
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8. Application without KYC / Bank account details will not be accepted. 9. NRIs/PersonsofIndianoriginseekingtoapplyforUnitsonanon-repatriationbasis
maymakepaymentsbycheques/draftsdrawnoutofNon-ResidentOrdinary(NRO)accountspayableatthecentrewheretheapplicationformisaccepted.
10. PaymentsbyCash,StockInvests,Post-datedcheques,outstationchequeswillnotbeaccepted.
11. Please refer to the table on scheme name, plan / option / sub option for easy reference while filling up the scheme details at the time of investment.
12. Applicantsshouldspecifythemodeofholding.Incaseofjointholders,thefirstnamedholderwillreceivealltheaccountstatements,dividends/redemption/refundchequesandanyothercorrespondencesentfromtimetotime.
13. Nomination Details - Kindlyfillupthenominationdetailsintheapplicationform. a)Nominationwillbemaintainedatthefoliooraccountlevelandwillbeapplicableforinvestmentsinallschemesinthefoliooraccount.b)Whereafoliohasjointholders,alljointholdersshouldsigntherequestforNomination/cancellationofnomination,evenifthemodeofholdingisnot“joint”. c) NominationformcannotbesignedbyPowerofAttorney(PoA)holders.d)Everynewnominationforafolio/accountwilloverwritetheexistingnomination.e)Nominationismandatoryfornewfolios/accountsopenedbyindividualespeciallywithsoleholdingandnonewfolios/accountsforindividualsinsingleholdingshallbeopenedwithoutnomination.f) Investorswhodonotwishtonominatemustsignseparatelyconfirmingtheirnon-intentiontonominate.g) Nominationform/sectionintheapplicationformwillhaveaprovisionforthesignatureofthenominee(orguardianofthenominee),thoughthismaynotbemandatory. h) Nominationisnotallowedinafolioheldonbehalfofaminor.i)Non-individualsincludingsociety,trust,bodycorporate,partnershipfirm,KartaofHinduUndividedFamily,holderofPowerofAttorneycannotnominate.j) Aminorcanbenominatedandinthatevent,thenameandaddressoftheguardianoftheminornomineeshallbeprovidedbytheunitholder.k)TheNomineeshallnotbeatrust,society,bodycorporate,partnershipfirm,KartaofHinduUndividedFamilyoraPowerofAttorneyholder.Anon-residentIndiancanbeaNomineesubjecttotheexchangecontrolregulationsinforce,fromtimetotime. l) Nominationinrespectoftheunitsstandrescindeduponthetransferofunits.m) TransferofUnitsinfavourofNomineeshallbevaliddischargebytheAssetManagementCompanyagainstthelegalheir.n)Thecancellationofnominationcanbemadeonlybythoseindividualswhohaveheldunitsontheirownbehalfsinglyorjointlyandwhomadetheoriginalnomination.Oncancellationofthenomination,thenominationshallstandrescindedandtheAssetManagementCompanyshallnotbeunderanyobligationtotransfertheunitsinfavouroftheNominee.
14. Non Acceptance of Third Party Instrument :Definitionofthird-partyinstrumentpayment:a)Whenpaymentismadethroughinstrumentsissuedfromanaccountotherthanthatofthebeneficiaryinvestor,thesameisreferredtoasThird-Partypayment;b)Itisclarifiedthatincaseofpaymentsfromajointbankaccount,thefirstholderofthemutualfundfoliohastobeoneofthejointholdersofthebankaccountfromwhichpaymentismade.
Exceptions: Third-Party payments shall be rejected except in the followingexceptional situations but adherence to certain formalities: a) Payment byParents/Grand-Parents/relatedpersonsonbehalfofaminorinconsiderationofnatural loveandaffectionor asgift for a valuenot exceeding`50,000/- (eachregular purchase or per SIP installment); However this restriction will not beapplicable for payment made by a guardian who's name is registered in therecords of Mutual Fund in that folio. b) Payment by Employer on behalf ofemployee under Systematic Investment Plans through Payroll deductions;c)CustodianonbehalfofanFIIoraclient.
Process to identify Third-Party payments: Thefollowingprocessisrecommendedforinvestorstocomplywiththerequirements
asstatedbelow:a)Anapplicant/investoratthetimeofhis/herpurchasemustprovidethedetailsofhis
pay-inbankaccount(i.e.accountfromwhichasubscriptionpaymentismade)andhispay-outbankaccount(i.e.accountintowhichredemption/dividendproceedsaretobepaid).Incaseanapplicant/investorhasmultipleaccounts,itisdesiredthathesubmitsthebankdetailsinthe“MultipleBankAccountsRegistrationForm”.Pay-infromsuchregisteredsingleormultipleaccountscanbetreatedas1stpartypayments.
b) Ifthesubscriptionissettledwithpre-fundedinstrumentssuchasPayOrder,DemandDraft,Banker’scheque,etc.,aCertificatefromtheIssuingbankermustaccompanythepurchaseapplication,statingtheAccountholder’snameandtheAccountnumberwhichhasbeendebitedforissueoftheinstrument.
c) Apre-fundedinstrumentissuedbytheBankagainstCash,shouldbeaccompaniedbyacertificatefromthebankergivingname,addressandPAN(ifavailable)ofthe
personwhohasrequestedforthedemanddraft.Thenameasperthelettershouldmatchwiththefirstnamedapplicant/unitholder.SuchDD/BankersChequeissuedbythebankagainstcashshallnotbeacceptedforinvestmentsof 50,000/-ormore.
d) IfpaymentismadebyRTGS,NEFT,NACH,banktransfer,etc.,acopyoftheinstructiontothebankstatingtheaccountnumberdebitedmustaccompanythepurchaseapplication.TheAMC/RTAshallcheckthattheaccountnumbermentionedonthetransferInstructioncopyisaregisteredpay-inaccountorbelongingtothefirstnamedapplicant/unitholder.
15. Dematerialisation:InvestorsaregivenanoptiontoholdUnitsbywayofanAccountStatement(physicalform)orinDematerialized(demat)form.UnitholdersoptingtoholdtheUnitsindematformmustprovidetheirDemataccountdetailsinthespecifiedsectionoftheapplicationform.UnitholdersintendingtoholdtheUnitsinDematformarerequiredtohaveabeneficiaryaccountwiththeDepositoryParticipant(DP)registeredwithNSDL/CDSLandwillberequiredtoindicateintheapplicationform,theDP’sname,DPIDnumberandthebeneficiaryaccountnumberoftheUnitholder
withtheDP. IncaseUnitholdersdonotprovidetheirDemataccountdetailsorprovideincomplete
detailsorthedetailsdonotmatchwiththerecordsasperDepository(ies),anaccountstatementshallbesenttothem.SuchinvestorswillnotbeabletotradeonthestockexchangetilltheholdingsareconvertedintoDematform.UnitholderwhosodesirestoholdtheUnitsinadematformatalaterdate,willberequiredtohaveabeneficiaryaccountwithaDPofNSDL/CDSLandwillhavetosubmittheaccountstatementalongwitharequestformaskingfortheconversionintodematform.ThisrequestiscalledaDematRequestForm(DRF).UnitholderwillberequiredtofillinaDRFintriplicatealongwiththerelevantdetailsandsubmitthesametotheRegistraralongwiththeaccountstatementtobedematerialized.Thecombinationofnamesintheaccountstatementmustbesameasthatinthedemataccount.RematerializationofUnitswillbeinaccordancewiththeprovisionsofSEBI(Depositories&Participants)Regulations,1996asmaybeamendedfromtime.
15A.AccountstatementsforUnitsheldinDematform:IncaseofUnitsheldindematform,theUnitHolderwillreceivetheholdingstatementdirectlyfromtherespectiveDPatsuchfrequencyasmaybedefinedintheDepositoriesActorregulationsoronspecificrequest.
15B.Demat option for Systematic Investment Plan (SIP): TheoptiontoholdunitsinDematFormforSystematicInvestmentPlan(SIP)transactionsisavailable.TheUnitsforsubscriptioninDematFormunitswillbeallottedbasedontheapplicableNAVasperSchemeInformationDocument(SID)andwillbecreditedtoinvestorsDematAccountonweeklybasisonrealisationoffunds,fore.g.UnitswillbecreditedtoinvestorsDemataccounteveryMondayforrealizationstatusreceivedinlastweekfromMondaytoFriday.
16. TRANSACTIONS THROUGH THE STOCK EXCHANGE INFRASTRUCTURE: Currentlyonlyredemptionallowed.Thefacilitytopurchase/redeemunitsoftheeligibleschemesofSaharaMutualFund(currently,allexistingschemesexceptSaharaLiquidFundVariablePricingOption–DailyDividend,SaharaLiquidFundFixedPricingOption–DailyDividend,SaharaLiquidFundVariablePricingOption-WeeklyDividend,SaharaLiquidFundFixedPricingOption-WeeklyDividend,SaharaLiquidFundVariablePricingOption-MonthlyDividend-Payout,SaharaLiquidFundFixedPricingOption-MonthlyDividend-PayoutandSaharaIntervalFund)throughBSEStARMFplatformisavailable.AlltradingmembersofBSEwhoareregisteredwithAMFI/NISMasMutualFundAdvisors&ClearingmemberswhoareregisteredwithBSEwillbeeligibletoofferthisfacilitytoInvestors.TheunitsofeligibleSchemesarenotlistedonBSEandthesamecannotbetradedontheStockExchange.
i. Minimum Application Amount: The minimum amount for purchase of units under all the eligible scheme(s)
throughtheStockExchangePlatform(BSEStARMF)wouldbe`1000/-andinmultiplesof`.1/-thereafteracrossalleligibleschemesexceptSaharaTaxGainFundbeing`500/-andinmultiplesof`500/-thereafter.Themaximumpurchaseamountunderalltheeligibleschemeswould`99,99,999/-.
ii. Minimum Redemption: Theminimumunits (andmultiples thereafter) for redemptionof units under all
the eligible scheme(s) through the Stock Exchange Platform (BSE StARMF)wouldbe0.0010unitsrespectively.Thereisnomaximumlimitfixedunderalltheeligibleschemestowardsredemptionofunits.
iii. Systematic Investment Plan Facility (SIP): In respect of the units purchased through theStockExchangePlatform (BSE
StAR MF), the SIP date would be 5th/15th/25th “at specific periods currentlybeingmonthlyandquarterly.
Thedetailsaboutpurchase/redemptionofunits(Physical&Dematerialisedform),redemptionofunitsroutedthroughDPforBSEStarMFplatformisavailableonthewebsiteundereachoftheschemesandtheStatementofAdditionalInformation.
Investorswill have tocomplywithUniformKnowYourCustomer (KYC)normsasprescribedbySEBItoparticipateinthisfacility.InvestorsshouldcontacttheInvestorServiceCentres(ISCs)ofSaharaMutualFundforfurtherdetails.
17. “On Behalf of Minor” Accounts :Wheretheaccount/folio(account)isopenedonbehalfofaminor,followingguidelineswouldbeapplicable-thereshallnotbeanyjointaccountswithminorasthefirstholder.
18. Minor Attaining Majority -Status Change : a)Whentheunitsareheldonbehalfoftheminor,theownershipoftheunitsrestswiththeminor.Aguardianoperatestheaccountuntiltheminorattainstheageofmajority.b)Whenaminorturnsmajor,advancenoticewillbesenttotheregisteredcorrespondenceaddressadvisingtheguardianandtheminortosubmitanapplicationformalongwithprescribeddocuments(servicerequestform,newbankmandate,signatureattestationform,KYCofmajoretc.)asapplicablefromtimetotimetochangethestatusoftheaccountto“major”.ThenoticewouldstatethatalltransactionsincludingSIP,STP,SWPshallbesuspendedincasethedocumentstochangethestatusarenotreceivedbythedatewhentheminorattainsmajority.c)Theaccountshallbefrozenforoperationbytheguardianonthedaytheminorattainstheageofmajorityandnotransactionsshallbepermittedtillthedocumentsasapplicableforchangingthestatusarereceived.
d)TheAMCattheirdiscretionwillhavetherighttosuspendallstandinginstructions likeSIPs,SWPs,STPsetc.fromthedateoftheminorattainingmajority,bygiving
adequatenoticepriortothatdate.e)AMCwillregisterstandinginstructionslikeSIP, SWP,STPinaminorfolioonlytillthedateoftheminorattainingmajority,thoughthe
instructionsmaybeforaperiodbeyondthatdate.19. Change in Guardian : For registration of the new guardian, when there is a
changeinguardianeitherduetomutualconsentordemiseofexistingguardian,necessarydocumentsasapplicable from time to timewouldbe required tobesubmittedtotheAMC.
20. Transmission - Fortransmissionofunitsundervarioussituationswhichmaybeeithertransmissionofunitstosurvivingunitholders,transmissionofunitstothe
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registerednominee incaseofdeathofsoleorallunitholders, transmissionofunitstoclaimant/s,wherenomineeisnotregistered,incaseofdeathofsoleorallunitholders,transmissionofunitsincaseofHUF,duetodeathofKartaoranysuchother circumstances,necessarydocumentsasprescribedandapplicablefrom time to timewould havebeen submitted to theAMC.Clarifications : Itisclarified thatPANcardcopyoranotherproofof identityofclaimant /s isnotrequiredseparatelyifKYCacknowledgementissuedbyCVLismadeavailable.
Where theunitsare tobe transmitted toaclaimantwho isaminor, variousdocumentslikeKYC,PAN,Bankdetails,indemnityshouldbeoftheguardianofthenominee.
A ready reckoner matrix of various documents required under differentsituationsisprovidedforconvenienceinthewebsitewww.saharamutual.comandalsoattheofficeoftheAMC/RTA.
21. Pursuant to SEBI Circular Cir/ IMD/ DF/13/ 2011 dated August 22, 2011 and 13th September 2012, transaction charge per subscription of `10,000/- and above be allowed to be paid to the distributors of the schemes of Sahara Mutual Fund. However, there shall be no transaction charges on direct investments. The transaction charge shall be subject to the following: Transaction charges:TheFundshalldeductTransactionChargesonpurchase/subscriptionreceivedfromfirsttimemutualfundinvestorandinvestor/sotherthanfirsttimemutualfundinvestor,whoseapplicationisroutedthroughdistributor/agentwhohave“Optedin”forTransactioncharges.(i)FirsttimeMutualFundInvestor(AcrossMutualFundIndustry):Transactionchargesof`150/-forsubscriptionof`10,000/-andaboveshallbedeductedfromthesubscriptionamountandpaidtotheDistributor/AgentofthefirsttimeInvestorandthebalanceamountshallbeinvested.(ii)InvestorotherthanFirstTimeMutualFundInvestor:Transactionchargeof 100/-persubscriptionof 10,000/-andabovewillbedeductedfromthesubscriptionamountandpaidtothedistributor/agentoftheinvestorandthebalanceshallbeinvested.(iii)ForSIP:TransactionchargesincaseofinvestmentsthroughSystematicInvestmentPlan(SIP)shallbedeductedonlyifthetotalcommitment(i.e.amountperSIPinstallmentxNo.ofinstallments)amountsto 10,000/-ormore.TheTransactionChargesshallbedeductedin4installments.(iv)Transactionchargesshallnotbedeductedfor:(a)Purchases/subscriptionsforanamountlessthan`10,000/-(b)Transactionotherthanpurchases/subscriptionsrelatingtonewinflowssuchasSwitch/STP/SWPetc.(c)Purchases/subscriptionsmadedirectlywiththeFund(i.e.notthroughanydistributor/agent).(d)Transactionscarriedoutthroughstockexchangemechanism.Upfrontcommissiontodistributorsshallcontinuetobepaidbytheinvestordirectlytothedistributorbyaseparatechequebasedonhisassessmentofvariousfactorsincludingtheservicerenderedbythedistributor.
FATCAisanacronymforForeignAccountTaxComplianceAct(FATCA),aUnitedStatesFederallawtoincreasecompliancebyUStaxpayersandisintendedtobolstereffortstopreventtaxevasionbytheUStaxpayerswithoffshoreinvestments.TheGovernmentofIndiaandtheUnitedStatesofAmerica(US)havereachedanagreementinsubstanceonthetermsofanInter-GovernmentalAgreement(IGA)andIndiaisnowtreatedashavinganIGAineffectfromApril11,2014.TheAMC/Fundarelikelytobeclassifiedasa‘ForeignFinancialInstitution’(InvestmentEntityasperAnnexure1(i))undertheFATCAprovisions.InaccordancewithFATCAprovisions,theAMC/MutualFundwillberequiredtoundertakeduediligenceprocessandidentifyUSreportableaccountsandcollectsuchinformation/documentaryevidencesoftheUSand/ornon-USstatusofitsinvestors/Unitholdersanddisclosesuchinformation(throughitsagentsorserviceproviders)asfarasmaybelegallypermittedabouttheholdings,investmentreturnsand/orto
USInternalRevenueService(IRS)ortheIndianTaxAuthorities,asthecasemaybeforthepurposeofonwardtransmissiontotheIRSpursuanttothenewreportingregimeunderFATCA.
FATCAduediligencewillbedirectedateachinvestor/Unitholder(includingjointinvestor)andonbeingidentifiedasareportableperson/specifiedUSperson,allthefolioswillbereported.Incaseoffolioswithjointholders,theentireaccountvalueoftheinvestmentportfoliowillbeattributableundereachsuchreportableperson.Aninvestor/UnitholderwillthereforeberequiredtocomplywiththerequestoftheAMC/MutualFundtofurnishsuchinformationasandwhensoughtbytheAMCfortheAMC/MutualFundtocomplywiththeinformationreportingrequirementsstatedinIGAandcircularsissuedbySEBI/AMFIinthisregard.Theinformationdisclosedmayinclude(butisnotlimitedto)theidentityoftheinvestorsandtheirdirectorindirectbeneficiaries,beneficialownersandcontrollingpersons.Investors/UnitholdersshouldconsulttheirowntaxadvisorsregardingFATCArequirementswithrespecttotheirownsituation.
InlinewithSEBIdirections,theadditionaldetailswhichwereformingpartoftheuniformKYCformwillnowbecapturedintheapplicationform.Also,submissionofFATCAdetailsisbeingmademandatoryacrossallcategoriesofinvestors.The
detailsaremandatoryforallnewandexistinginvestorsinallfuturesubscriptionsin the schemes of Sahara Mutual Fund.Applications submitted without theseadditional KYC/FATCA details are liable to be rejected on account of non-compliancewithKYCregulations.
OnsimilarlinesasFATCAtheOrganizationofEconomicDevelopment(OECD),along with the G20 countries, of which India is a member, has released a“Standard for Automatic Exchange of Financial Account Information in TaxMatters”, generally known as Common Reporting Standards (CRS) in orderto combat theproblemofoffshore taxevasionandavoidanceandstashingofunaccountedmoneyabroad.
The CRS on AEOI (Automatic Exchange of Information (AEOI)) requires thefinancial institutionsof the“source” jurisdiction tocollectandreport informationtotheirtaxauthoritiesaboutaccountholders“resident” inothercountries,suchinformationhavingtobetransmitted“automatically’onyearlybasis.The
22. FATCA / CRS
information to be exchanged relates not only to individuals but also to shellcompanies and trusts having beneficial ownership or interest in the “resident”countries. India isoneof theearlyadoptersof theCRSandhascommitted toexchangeinformationautomaticallyfromyear2017onwards.
23. Distributors are expected to abide by the AMFI Code of Conduct and avoid any malpractice / mis-selling. Distributors are expected not to spilt investments in order to enhance the amount of transaction charges. In the event of such instances having come to the notice of the AMC stringent action will be taken by the AMC and reported to AMFI for appropriate action.
24. Theprovision to capture theUnique IdentityNumber (EUIN)of theemployee/relationship manager/sales persons of the Distributor interacting with theinvestor in addition to theAMFIRegistrationNumber (ARN) of the distributoris made available in the application form. The Distributor would note the investments made through EUIN as advisory transactions, and that EUIN would assist in tackling the problem of mis-selling even if the employee/relationship manager/sales person leave the employment of the distributor. In case the transaction is ''execution-only'' the EUIN space may be left blank and in that case the investors are required to sign below the EUIN declaration mandatorily.
25. For Direct options, investors are requested to refer to the para on Instructions for Investment and payment details.
26. Details of Beneficial Ownership In term of SEBI Master Circular on AML/CFT dated December 31, 2010,
'BeneficialOwner'hasbeendefinedasanaturalperson/swhoultimatelyown,controlor influenceaclientand /orpersonsonwhosebehalfa transaction isbeingconducted,whichincludespersonswhoexerciseultimateeffectivecontroloveralegalpersonorarrangement.
Detailsoftheidentityofallnaturalperson(s)suchastheirName(s),PANnumber/passport details,Address etc. together with a self attested PANCard copy isto be provided by the Investor to theOfficial Points ofAcceptance (OPAs) oftheSAHARAMFSchemeswhilesubmittingtheApplicationForm.Suchnaturalpersonsincludethosewhoareactingaloneortogether,orthroughoneormorejuridicalpersonandexercisingcontrolthroughownershiporwhoultimatelyhasacontrollingownershipinterest.
For further details regarding manner of determination of beneficial ownershipin double cases (relating to investors other thanTrust and Foreign investors),investments by disclosure of information regarding beneficial ownership etc.,pleaserefertoSAI/relevantAddendum.
27.Applicationsincompleteinanyrespectornotaccompaniedbyacheque/demanddraftfortheamountpayableareliabletoberejectedandthemoneypaidwillberefundedwithoutinterest.
28.AspertheGoGreeninitiativeinMutualFundsinitiatedforindustrybySEBIvidecircularno.SEBI/HO/IMD/DF2/CIR/P/2018/92datedJune5,2018:
a. AnnualReportsorAbridgedSummarythereofwillbeprovidedbyemailtounitholder’sregisteredemailaddress.Unitholders,who‘opt-in’toreceivephysicalcopywillcontinuetoreceivephysicalcopy.AMCwillprovideaphysicalcopyoftheabridgedsummaryoftheAnnualReport,withoutcharginganycost,onspecificrequestreceivedfromaunitholder.
AMCwillpublishanadvertisementeveryyeardisclosingthehostingoftheschemewiseannualreportonthewebsiteofmutualfundandonthewebsiteofAMFI.UnitholdercansubmitarequestforaphysicalorelectroniccopyofAnnualReportsorAbridgedSummarythereofbyanymodee.g.SMS,telephone,emailorwrittenrequest(letter).RelevantadvertisementwillbepublishedintheallIndiaeditionofatleasttwodailynewspapers,oneeachinEnglishandHindi.
b. PortfolioDisclosures-Incaseofunitholderswhosee-mailaddressesareregistered,theAMCwillsendviaemailboththemonthlyandhalf-yearlystatementofschemeportfoliowithin10daysfromthecloseofeachmonth/half-yearrespectively.AMCwillprovideaphysicalcopyofthestatementofitsschemeportfolio,withoutcharginganycost,onspecificrequestreceivedfromaunitholder.
AMCwillpublishanadvertisementeveryhalf-yeardisclosingthehostingofthehalf-yearlystatementoftheschemesportfolioonthewebsiteofmutualfundandonthewebsiteofAMFI.Unitholdercansubmitarequestforaphysicalorelectroniccopyofthestatementofschemeportfoliobyanymodee.g.SMS,telephone,emailorwrittenrequest(letter).RelevantadvertisementwillbepublishedintheallIndiaeditionofatleasttwodailynewspapers,oneeachinEnglishandHindi.
29. Investorsarecautionedthattheyshouldnotdeterminetheirinvestmentsbasedonunauthorisednewsorrumourswhichmayotherwiseresultintoconsiderabledamagetotheirportfolio.
30. The changes in the provisions of the schemes informed to the investorsvide various addendums/notices have been covered in the Key InformationMemorandum&theApplicationform.
Investors are requested to refer to the website www.saharamutual.com forAddendums/Notices.
31. Noseparatereceiptwillbeissuedfortheapplicationmoney.TheInvestorServiceCentrewilltimestampandreturntheacknowledgementslipintheapplicationform,toacknowledgereceiptoftheapplication.
32. Applicationscompleteinallrespects,maybesubmittedattheCollectionCentresat locationsmentioned in theKIM/ApplicationFormasappointedby theAMC.Applicationform/snotcompletedinanyrespect/sisliabletoberejectedbytheAMC.
33. Accompanying documents:Pleasesubmitthefollowingdocumentswithyourapplication (where applicable).All documents should be original / true copiescertified by aDirector /Trustee /CompanySecretary /AuthorisedSignatory /NotaryPublic.
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INSTRUCTIONS FOR INVESTMENT AND PAYMENT DETAILS
INSTRUCTION - Investment Details - Pleasenotethatifyoudonotindicatetheinvestmentoption of the scheme, then theMutual Fund will place you into the default option of thescheme,asperexistingschemeprovisions.
INSTRUCTION - Payment Details - The subscription amounts can be tendered by localcheques/demand drafts favouring the applicable scheme and must be crossed “AccountPayeeOnly”.Thecheque / demanddraft shouldbedrawnonanybankwhich is situatedatand isamember/sub-memberof theBankersclearinghouse.Cheques/demanddraftsdrawnonabanknotparticipating intheclearinghousewillnotbeaccepted.Cashwillnotbeacceptedinanyofthescheme/option.
SaharaStarValueFund DividendOption PayoutSaharaStarValueFund DividendOption Re-InvestmentOptionSaharaStarValueFund GrowthOption-SaharaStarValueFund DividendOption-Direct PayoutSaharaStarValueFund DividendOption-Direct Re-InvestmentOptionSaharaStarValueFund GrowthOption-Direct-
Scheme name Option Sub-option
Itissuggestedthatinvestors/unitholdersissuepaymentinstrument(cheque,demanddraft,payorderetc.)infavourof“SchemenameA/cFirstInvestorName”asstatedinthe
applicationformorStatementofAccount
For Direct Investments investors are requested to clearly mention 'Direct' option in the application form while investing.
Documents Companies Societies Partnership Investments Trusts NRI Flls Firms through POA
•Resolution/Authorisation
toinvest
•ListofAuthorised Signatorieswith
Specimensignature(s)•Memorandum&Articles
ofAssociation•TrustDeed •Bye-laws •PartnershipDeed •OverseasAuditors’
Certificate•NotarisedPowerof
Attorney•AccountType/FIRC/
ApprovalfromFIPB
FATCA SEBI vide circular dated May 31, 2016 directed as underSubject: Restriction on redemption in Mutual Funds In order to bring more clarity and to protect the interest of the investors,
the following requirement shall be observed before imposing restriction onredemptions:
a.Restrictionmaybeimposedwhentherearecircumstancesleadingtoasystemiccrisisoreventthatseverelyconstrictsmarketliquidityortheefficientfunctioningofmarketssuchas:
i. Liquidity issues - when market at large becomes illiquid affecting almost allsecurities rather than any issuer specific security.AMCs should have in placesoundinternalliquiditymanagementtoolsforschemes.Restrictiononredemptioncannotbeusedasanordinarytoolinordertomanagetheliquidityofascheme.Further, restriction on redemption due to illiquidity of a specific security in theportfolioofaschemeduetoapoorinvestmentdecisionshallnotbeallowed.
ii.Market failures, exchange closures -whenmarkets are affected by unexpectedevents which impact the functioning of exchanges or the regular courseof transactions. Such unexpected events could also be related to political,economic,military,monetaryorotheremergencies.
iii. Operational issues – when exceptional circumstances are caused by forcemajeure,unpredictableoperationalproblemsandtechnicalfailures(e.g.ablackout).Such cases canonly be considered if they are reasonably unpredictableandoccurinspiteofappropriatediligenceofthirdparties,adequateandeffectivedisasterrecoveryproceduresandsystems.
b. Restriction on redemption may be imposed for a specified period of time notexceeding10workingdaysinany90daysperiod.
c.AnyimpositionofrestrictionwouldrequirespecificapprovalofBoardofAMCsandTrusteesandthesameshouldbeinformedtoSEBIimmediately.
d. When restriction on redemption is imposed, the following procedure shall beapplied:
i.NoredemptionrequestsuptoINR2lakhshallbesubjecttosuchrestriction.ii.Where redemption requestsareabove INR2 lakh,AMCsshall redeem thefirst
INR2lakhwithoutsuchrestrictionandremainingpartoverandaboveINR2lakhshallbesubjecttosuchrestriction
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DISTRIBUTOR INFORMATION (Investors applying under Direct option must state 'DIRECT' in the ARN Code Column) (FOR OFFICE USE ONLY)
ARNName ARNCode Sub-AgentCode Sub-Agent's ARNCode EUIN Date,Time/ISCandNumberasperTimeStampingMachine
Sole / First Unitholder / Guardian /
POA Signature
Second Unit Holder's
Signature
Third Unit Holder's
Signature
FULL NAME OF SOLE / FIRST APPLICANT / MINOR / HUF / NON INDIVIDUAL / (Mr. / Ms. / M/s.) Date of Birth of Applicant/Minor (dd/mm/yyyy)
FOR EXISTING UNIT HOLDER’S OF SAHARA MUTUAL FUND PLEASE PROVIDE FOLIO NO. (fill details below)
APPLICANT INFORMATION (To be filled in BLOCK letters. Use one box for one alphabet, leaving one box blank between name and surname)
In case of ANY EXCEPTIONAL CASE, where there is NOINTERACTIONbytheEmployee/Salesperson/RelationshipManagerof the Distributor / Sub broker with respect to the transaction, theadjacentDECLARATIONisdesiredfromtheinvestor/s.
EUIN is mandatory for all the transactions. executed through the distributor - both for "ADVISORY" as well "EXECUTION ONLY" transactions.
Address in full (DO NOT REPEAT NAME)of Applicant/Parent or Guardian of Minor/ Indian address in case 1st Applicant is NRI/PIO/FII (Post Box No. alone is not sufficient)
City Pin State Country
(Mandatory) Father's/ Spouse Name (Mandatory) Current Marital Status : Single Married
I/We hereby confirm that the EUIN Box has been intentionally left blank by me/us as this is an execution only"transaction without any interaction or advice by the employee/relationship manager/sales person of the above distributor or not with standing the advice of in-appropriateness,if any provided by the employee/relationship manager/sales person of the distributor/sub broker"
Gross Annual Income Details (Please tick( )): Below1Lac1-5Lacs5-10Lacs10-25Lacs25Lacs-1Crore >`1Crore ` ` ` ` `
OR Net-worth in Net-worthshouldnotbeolderthan1year ason(date) D D MM Y Y Y Y
Pleasetickifapplicable:
PoliticallyExposedPerson(PEP) RelatedtoaPoliticallyExposedPerson(PEP)
NotApplicable AnyOtherInformation_____________________
(MANDATORY) OTHER KYC DETAILS (For Individuals Only)
Is the entity involved in / providing any or the following services - Foreign Exchange / Money Changer Services Yes No- Gaming / Gambling / Lottery Services (e.g. casinos,betting syndicates) Yes No- Money Lending / Pawning Yes No
Any other information: ______________________________________________________________________________________________________________________
Gross Annual Income Details (Please tick( )): Below1Lac1-5Lacs5-10Lacs10-25Lacs25Lacs-1Crore >` 1Crore ` ` ` ` `
OR Net-worth in Net-worthshouldnotbeolderthan1year ason(date) D D MM Y Y Y Y`
(MANDATORY) OTHER KYC / FATCA / CRS DETAILS (For Non-Individuals Only)
(fordefinitionofPEP,pleasereferinstruction'6A').
D D MM Y Y Y Y
(All fields are mandatory for New Investors)(For Existing Investors, furnishing of additional details is mandatory for the first time as part of KYC & FATCA norms.)
APPLICATION FORM - SAHARA STAR VALUE FUND
(MANDATORY) Status of 1st Applicant [Pl. ] 1.ResidentIndividual2.Onbehalfofminor3.HUF4.BodyCorporate5.AOP/BOI6.PartnershipFirm7.ProprietorshipFirm
8.Company(Listed/Unlisted)9.Trust10.Society11.NRI12.FIIs13.GovernmentBody14.FinancialInstitution15.Banks16.Others(pl.specify)________________
1. Business2. Professional3. Agriculturist4. PrivateSectorService5. Retired6. Student (MANDATORY) Occupation 1st Applicant [Pl. ]7. Housewife8. Public/Govt.service9. ForexDealer10. Others(pl.specify)_____________________________
STD Code Tel. MobileEmail-ID
(Mandatory) Overseas Address for NRIs/PIOs/FIIs
City State Pin/ZipCountry
WewishtoreceivephysicalcopyoftheAnnualReportPleasetickYesNo.Ifnotindicated,itwillbesentbyemail,asprovidedintheapplication.PAN No. (Mandatory) KYC acknowledgement [Pl. ] Submitting now Already submitted
Aadhaar No. CKYC No.
(Mandatory)(Mandatory)
10
# to include USA, where investor is a citizen / greencard holder of USA
Country of Birth______________________________________________________________Nationality Am I / Are we, a tax resident of any country other than India for tax purpose? if No,Please tick ( ) If yes, please indicate all countries in which you are resident for tax purposes and the associated Tax Reference Numbers below.
Email-IDCountry of Residence
Country# Tax Reference / Identification NumberAddress
(fordefinitionofPEP,pleasereferinstruction'6A').
Gross Annual Income Details (Please tick( )): Below1Lac1-5Lacs5-10Lacs10-25Lacs25Lacs-1Crore >` 1Crore ` ` ` ` `
OR Net-worth in Net-worthshouldnotbeolderthan1year ason(date) D D MM Y Y Y Y
Pleasetickifapplicable: PoliticallyExposedPerson(PEP) RelatedtoaPoliticallyExposedPerson(PEP)
NotApplicable AnyOtherInformation_____________________
(MANDATORY) OTHER KYC / FATCA / CRS DETAILS
Country# Tax Reference / Identification Number
NAME OF SECOND APPLICANT (Mr. / Ms. ) Date of Birth (dd/mm/yyyy)
Father's/ Spouse Name(Mandatory) Current Marital Status : Single Married
# to include USA, where investor is a citizen / greencard holder of USA
Status/Category of 2nd Applicant [Pl. ] 1.ResidentIndividual2.NRI3.Others(pl.specify)____________________________________________
1. Business2. Professional 3. Agriculturist4. PrivateSectorService5. Retired6. Student Occupation of the 2nd Applicant [Pl. ]7. Housewife8. Public/Govt.service9. ForexDealer10. Others(pl.specify)_____________________________
PAN No. (Mandatory) KYC acknowledgement [Pl. ] Submitting now Already submitted
D D MM Y Y Y Y
NAME OF THIRD APPLICANT (Mr. / Ms. ) Date of Birth (dd/mm/yyyy)
PAN No. (Mandatory) KYC acknowledgement [Pl. ] Submitting now Already submitted
Status/Category of 3rd Applicant [Pl. ] 1.ResidentIndividual2.Onbehalfofminor 3.NRI4.Others(pl.specify)______________________________________________
1. Business2. Professional 3. Agriculturist4. PrivateSectorService5. Retired6. Student Occupation of the 3rd Applicant [Pl. ]7. Housewife8. Public/Govt.service9. ForexDealer10. Others(pl.specify)_____________________________
Father's/ Spouse Name(Mandatory) Current Marital Status : Single Married
# to include USA, where investor is a citizen / greencard holder of USA
Country of Birth______________________________________________________________Nationality Am I / Are we, a tax resident of any country other than India for tax purpose? if No,Please tick ( ) If yes, please indicate all countries in which you are resident for tax purposes and the associated Tax Reference Numbers below.
Email-IDCountry of Residence
Country# Tax Reference / Identification NumberAddress
(fordefinitionofPEP,pleasereferinstruction'6A').
Gross Annual Income Details (Please tick( )): Below1Lac1-5Lacs5-10Lacs10-25Lacs25Lacs-1Crore >` 1Crore ` ` ` ` `
OR Net-worth in Net-worthshouldnotbeolderthan1year ason(date) D D MM Y Y Y Y
Pleasetickifapplicable: PoliticallyExposedPerson(PEP) RelatedtoaPoliticallyExposedPerson(PEP)
NotApplicable AnyOtherInformation_____________________
(MANDATORY) OTHER KYC / FATCA / CRS DETAILS
D D MM Y Y Y Y
NAME OF GUARDIAN (of Minor) (Mr. / Ms. ) Date of Birth (dd/mm/yyyy)
DocumentforproofofDateofBirthofMinor(DOB)andRelationshipwithMinor: Birthcertificate SchoolLeavingCertificate Passport Others(Pleasestate)__________________________________Mother FatherLegalGuardianRelationship with Minor [Pl. ]
D D MM Y Y Y Y
Aadhaar No. CKYC No.
Aadhaar No. CKYC No.
If yes, please indicate all countries in which you are resident for tax purposes and the associated Tax Reference Numbers below.
Country of Birth_____________________________________Nationality Country of ResidenceAm I / Are we, a tax resident of any country other than India for tax purpose? if No,Please tick ( )
(MANDATORY) OTHER KYC / FATCA / CRS DETAILS FIRST APPLICANT / MINOR / HUF / NON INDIVIDUAL / (Mr. / Ms. / M/s.)
11
MODE OF OPERATIONSingle Joint* EitherorSurvivor(s)OnBehalfofMinor(*Defaultincasenotindicatedwhenapplicantsaremorethanone)
Country of Birth______________________________________________________________
Nationality Am I / Are we, a tax resident of any country other than India for tax purpose? if No,Please tick ( ) If yes, please indicate all countries in which you are resident for tax purposes and the associated Tax Reference Numbers below.
Email-ID
# to include USA, where investor is a citizen / greencard holder of USA
Country of Residence
Country# Tax Reference / Identification NumberAddress
(fordefinitionofPEP,pleasereferinstruction'6A').
Gross Annual Income Details (Please tick( )): Below1Lac1-5Lacs5-10Lacs10-25Lacs25Lacs-1Crore >`1Crore ` ` ` ` `
OR Net-worth in Net-worthshouldnotbeolderthan1year ason(date) D D MM Y Y Y Y
Pleasetickifapplicable: PoliticallyExposedPerson(PEP) RelatedtoaPoliticallyExposedPerson(PEP)
NotApplicable AnyOtherInformation_____________________
(MANDATORY) OTHER KYC / FATCA / CRS DETAILS
STD Code Residence
CONTACT DETAILS (Please Provide your contact details even if you have already submitted your KYC acknowledgement)IftheApplicantisSoleProprietorshipFirm,PleaseprovidethenameofSoleProperietor.IfHUF,PleaseprovidethenameofKartaIncaseofotherNon-Individuals,PleaseprovidethedetailsofContactPerson.
NameTel
OfficeMobileEmail-ID
Bank Account No. Account Type : Savings Current NRE NRO FCNR
MICR Code(9digit) IFSC Code(11digitforRTGS&NEFT)
Bank Name
Branch Address
City PIN
BANK PARTICULARS (It is mandatory to furnish bank particulars failing which application shall be rejected) (Refer Form instruction no. 5)
Overseas Address of Power of Attorney Holder (if applicable)
City State Pin/ZipCountry
POWER OF ATTORNEY (POA) (Details MANDATORY) NameofPOAHolder
Enclosed: ProofofKYCProofofIdentity&AddressPANCardCopyPAN(Mandatory)Status: ResidentIndividualNRI/PIO Others(PleaseSpecify)__________________________________Gender:MaleFemale
D D MM Y Y Y Y
Aadhaar No. CKYC No.
MobileEmail-ID
Country of Birth____________________________
Am I / Are we, a tax resident of any country other than India for tax purpose? if No,Please tick ( ) If yes, please indicate all countries in which you are resident for tax purposes and the associated Tax Reference Numbers below.
Country of Residence
# to include USA, where investor is a citizen / greencard holder of USA
Country# Tax Reference / Identification NumberAddress
(fordefinitionofPEP,pleasereferinstruction'6A').
Gross Annual Income Details (Please tick( )): Below1Lac1-5Lacs5-10Lacs10-25Lacs25Lacs-1Crore >`1Crore ` ` ` ` `
OR Net-worth in Net-worthshouldnotbeolderthan1year ason(date) D D MM Y Y Y Y
Pleasetickifapplicable: PoliticallyExposedPerson(PEP) RelatedtoaPoliticallyExposedPerson(PEP)
NotApplicable AnyOtherInformation_____________________
(MANDATORY) OTHER KYC / FATCA / CRS DETAILS
Nationality
Status/Category of Guardian [Pl. ] 1.ResidentIndividual2.NRI/PIO3.Others(pl.specify)______________________________________________________________
1. Business2. Professional 3. Agriculturist4. PrivateSectorService5. Retired6. Student Occupation of the Guardian [Pl. ]7. Housewife8. Public/Govt.service9. ForexDealer10. Others(pl.specify)_____________________________
PAN No. of Guardian (Mandatory) KYC acknowledgement [Pl. ] Submitting now Already submitted
Aadhaar No. CKYC No.
12
1st applicant / Guardian (Signature)
POA Signature
2nd applicant (Signature)
3rd applicant (Signature)
TRANSACTION CHARGES : PursuanttoSEBIcircularvideno.Cir/IMD/DF/13/2011dated22August,2011atransactionchargepersubscriptionof`10,000/-andabovewillbechargedfromtheinvestorsby theAMCandpaid to thedistributorsas follows :a)existing investors :` 100/-per subscriptionb)new investor :` 150/-per subscriptionc)Transactioncharge if anywill bedeductedby theAMC from thesubscriptionAmountandpaidtotheDistributorandthebalanceshallbeinvestedd)NoTransactionchargeonsubscriptionbelow`10,000/-.e)Notransactionchargeondirectinvestments.f)Transactionchargesshallbeapplicableonpurchases/subscriptionsrelatingtonewinflowsonly.
I/We ________________________________________________________________________________________________________ herebynominatetheundermentionedpersontoreceivetheamounttomy/ourcreditintheeventofmy/ourdeathindicatedagainsttheNameoftheNominee.I/WealsounderstandthatallpaymentsandsettlementsmadetosuchnomineeshallbeavaliddischargebytheAMC/MutualFund/Trustee.
I/WeDONOTWISHtonominate. (Applicableforinvestorswhodonotwishtonominate)
MANDATORY - NON INTENTION TO NOMINATE
Name & Address of the Nominee Guardian Name & Address (in case nominee is a minor) Date of Birth Relationship Signature of Nominee / (if minor) with the Applicant Guardian [Optional]
NOMINATION DETAILS (MANDATORY FOR SINGLE HOLDING) (Refer form instruction no. 13)
I/WehavereadandunderstoodthecontentsoftheSchemeInformationDocument(SID)/StatementofAdditionalInformation(SAI)/KeyInformationDocument(KIM)andAddendum(s)theretooftherespectivescheme(s)andagreetoabidebytheterms,conditions,rulesandregulationsofthescheme(s)asapplicablefromtimetotime.I/WeherebydeclarethatI/Wearemakingthisinvestmentoftheschemeforinvestmentfromourownfundsonmy/ourpersonalbehalfandarenotbeneficiariesofanyfundobtainedincontraventionofPreventionofMoneyLaunderingActoranyguidelinesissuedfromtimetotimeandsubsequentamendmentstheretoincludingthesectionon“PreventionofMoneyLaundering”,I/WeherebyapplytotheTrusteeofSaharaMutualFundforunitsoftheSchemeasindicatedaboveandagreetoabidebythetermsandconditions,rulesandregulationsoftheScheme.I/Wehavenotreceivedandwillnotreceivenorwillbeinducedbyanyrebateorgifts,directlyorindirectly,inmakingthisinvestment.I/Wefurtherdeclarethattheamountinvestedbyme/usintheSchemeisderivedthroughlegitimatesourcesandisnotheldordesignedforthepurposeofcontraventionofanyact,rules,regulationsoranystatuteorlegislationoranyotherapplicablelawsoranynotifications,directionsissuedbyanygovernmentalorstatutoryauthorityfromtimetotime.
(ApplicableforSIPInvestorsonly).I/Weherebydeclarethattheparticularsgivenabovearecorrectandexpressmy/ourwillingnesstomakepaymentsreferredabovethroughparticipationinNACH/DirectDebitClearance.Ifthetransactionisdelayedornoteffectedatall, forreasonsof incompleteorincorrect informationonmy/ourpartorcircumstancesbeyondthecontrolofAMC/itsserviceprovider,I/WewouldnotholdtheAssetManagementCompanyresponsibleinanymanner.I/WeherebyauthorizeSaharaMutualFundandtheirauthorisedserviceproviders,togetmy/ourabovebankaccountdebitedbyNACH/DirectDebittowardsthecollectionofmonthlypaymentsondueSIPdatesasoptedbyme/us.Intheeventofanychangesinthebankparticulars,I/Wewillsubmitafreshmandatealongwithacancellationrequestfortheearliermandatewellinadvance.I/WehavereadandagreedtothetermsandconditionsmentionedinKIM/SID/SAI.
Thedetailsofthebankaccountprovidedabovepertaintomy/ourbankaccountinmy/ourname. TheARNholderhasdisclosedtome/usallthecommissions(intheformoftrailcommissiondistributioncostoranyothercost),payabletohimforthedifferentcompetingSchemesofvariousMutualFundsfrom
amongstwhichtheSchemeisbeingrecommendedtome/us.Upfrontcommission,ifanywillbepaidtotheAMFIregisteredandempanelled(withSaharaMutualFund)ARNHolder,directlybytheInvestor. TheARNholderhasadequatelyexplainedtheappropriatenessoftheschemetome/us&I/Wearefullyconvincedthatthereisnomis-sellingtome/us&thatI/Wearefullyresponsibleformakingthisinvestment. TheinformationasdesiredunderFATCA/CRS/Foreigntaxlawsprovidedbyme/us,requiredtobesharedwithrelevanttaxauthorityistrueandcorrecttothebestofmyknowledge. I / We wish to 'OPT-IN' to continue receiving physical copy of abridge summary of annual reports.
DECLARATION (Please whichever is applicable.)
DepositoryParticipantName(DP): Please() NationalSecuritiesDepositoryLimited CentralDepositoryServices(India)Limited BeneficiaryAccountNumber:
DEPOSITORY ACCOUNT DETAILS ( Refer Instruction No. 15a & 15b) (UNITS ARE INTENDED TO BE HELD IN DEMAT FORM) ReferinstructionsfordetailsandSIDforriskfactorsassociatedwithlistingofunits.PleaseensurethatthesequenceofnamesasmentionedinthisApplicationFormmatcheswiththatoftheaccountheldwiththeDepositoryParticipant.
IN
(16digitbeneficiaryA/cNo.tobementionedabove)DP ID
CLIENT ID
INVESTMENT AND PAYMENT DETAILS Please submit one cheque / DD for each scheme (REFER TABLE “SCHEME NAME”) Please See Page No. 7.
Cheque / DD No. Net Amount (`) Bank & Branch Name & City Mode of Payment : Cheque/DD / RTGS / NEFT NACH / Fund Transfer
Account Type @ (SB/ CA/ NRE/ NRO/ FCNR)@For NRI(s) Source of Fund: NRE NRO FCNR
Scheme Name Plan / Option Sub Option
Collection Centre’s Receipt Date and Time
Cheque/DDissubjecttorealisation
asNormal Investment /orthroughSIP ReceivedfromMr./Ms./M/s anapplicationforpurchaseofunitsof
,(scheme)subjecttorealisationofcheque(s)/demanddraft(s).`(inFigures)____________________________________Cheque/DDNo.__________________________ Dated___________
BankName BankBranchIncaseofSaharaTaxGainFundbasedontheproductionof thisacknowledgement, theinvestormayclaimtaxexemptionunderSec.80CoftheITActtill thestatementofaccountisissuedprovidedthepaymentinstrumentisencashedandtheapplicationandotherdocumentsarefoundtobeinorder.
ACKN
OWLE
DGEM
ENT
(To
be fi
lled
by in
vest
or)
[PleaseattachselfattestedcopyofPAN/Passport(proofofphotoidentity)alongwithapplicationform]
DetailsofBeneficialOwnership(Pleasetickapplicablecategory).Detailstobeprovidedasondateofapplication.(Referinstruction26)
Incaseofanychangeinthebeneficialownership,theinvestorwillberesponsibletointimateSAHARAAMC/itsRegistar/KRAasmaybeapplicableimmediatelyaboutsuchchange.
Sr.No. Name Address Details of Identity such as PAN / Passport % of ownership
123
Details of Beneficial Ownership (Please attach a separate sheet with this format if the space provided is insufficient)
Category Unlisted company Partnership Firm
Unicorporated Association / Body of Individuals Trust Foreign Investor
Ownershippercent >25% >15% >15% >=15%
13
X X X
SIP / NACH MANDATE FORM
TRANSACTION CHARGES FOR APPLICATIONS THROUGH DISTRIBUTORS ONLY
1. APPLICANT'S PERSONAL DETAILS (MANDATORY)
2. SIP DETAILS
3. DECLARATION AND SIGNATURE (To be signed by ALL UNIT HOLDERS if mode of holding is 'joint')
MANDATORY FIELDS :
ACKNOWLEDGEMENT SLIP (To be filled by the investor)
Quarterly
Sahara MF
I/We declare that the particulars furnished here are correct. I/We authorize Sahara Mutual Fund acting through its service providers to debit my/our bank account towards payment of SIP instalments through an Electronic Debit arrangement/NACH(national Automated Clearing House). If the transaction is delayed or not effected at all for reasons of incomplete information, I/we would not hold the user institution responsible. I/we will also inform Sahara Mutual fund about any changes in my bank account. This is to inform you that I/we have registered for making payment towards my investments in Sahara Mutual fund by debit to my /our account directly or through ECS( debit clearing)/NACH. I we hereby authorize to honour such payments and I /we also hereby agree to have read the respective SID/SAI of the Mutual fund before investing in any scheme/s of Sahara Mutual Fund using this facility
(Please tick( ) only one): 5th / 15th/ 25th
Sahara Mutual Fund
14
SAHARA ASSET MANAGEMENT COMPANY PRIVATE LIMITED Corporate Office : 97-98,9thFloor,Atlanta,NarimanPoint,Mumbai-400021.Tel:02222047197/98.•Fax: (022)22047199Email: [email protected] • Website: www.saharamutual.comRegistrar & Transfer Agent : KARVY COMPUTER SHARE PVT. LTD. (KARVY) (Unit : Sahara Mutual Fund) #59,‘SKANDA”,PuttannaRoad,Basavangudi,Bengaluru-560004,Ph:080-67453356 TollFreeNo.:18004254034/35Email:[email protected]: All future communication in connection with the application should be addressed to the Registrar at the address given in this form, quoting full name of sole/first applicant, the application serial number, the name of the scheme/option, amount invested, date and the place of the AMC/ Collection Centre where the application was lodged/submitted.
Thisis
Intentionallykeptb
lank
15
Sahara Star Value Fund Holdingason31.05.2019
Name of the Instrument Industry Market Value % of NAV(Rs. in Lakhs)
1) Equity & Equity Related
(a) Listed/awaiting Listing on Stock Exchange
ATULLTD CHEMICALS 2.10 4.85
PIINDUSTRIESLIMITED PESTICIDES 1.97 4.53
CITYUNIONBANKLIMITED BANKS 1.88 4.34
AXISBANKLIMITED BANKS 1.88 4.34
KALPATARUPOWERTRANSMISSIONLTD POWER 1.79 4.12
IPCALABORATORIESLTD PHARMACEUTICALS 1.59 3.67
ICICIBANKLTD BANKS 1.50 3.44
MOLD-TEKPACKAGINGLIMITED INDUSTRIALPRODUCTS 1.49 3.44
NAVINFLUORINEINTERNATIONALLIMITED CHEMICALS 1.46 3.37
INDIANHOTELSCOLTD HOTELS, RESORTS ANDOTHER RECREAT IONALACTIVITIES
1.35 3.12
PortfolioTurnoverRatio: 0.08
FundManager: KhozemJabalpurwala
TenorforwhichschememanagedbyFM: 4months
WebsiteLink www.saharamutual.com
Scheme Related Disclosure
16
SAHARA MUTUAL FUND INVESTOR SERVICE CENTRES
AHMEDABAD : c/oSaharaIndiaFinancialCorporationLimited,2ndFloor,BankofIndiaBuilding,Nr.KameshwarTemple, 079-40072935
AnkurRoad,Naranpura,Ahmedabad–380013
BENGULURU : SaharaIndia,RegionOfficeNo.1,ChurchStreet,BrigadeRoad,Benguluru-560001 080-25327891
CHANDIGARH : SCONo.1110-1111,2ndFloor,AboveLICOffice,Sector22B,Chandigarh-160022. 0172-4636359
CHENNAI : 67/2,GreamsRoad,ThousandLights,Chennai-600006 044-43546336
GORAKHPUR :IIFloor,SaharaIndiaNiketan,CinemaRoad,Goleghar,Gorakhpur-273001. 0551-2201137
HYDERABAD : SaharaManzil,2ndFloor,Opp.Secretariat,Basheerbagh,Hyderabad-500004. 040-66660904
KOLKATA : SaharaIndiaSadan,1stFloor,2AShakespeareSarani,Kolkata-700071 033-40032420
LUCKNOW :OfficeNo.8,GroundFloor,SaranChamber-1,VParkRoad.Lucknow-226001. 0522–4015702
MUMBAI : 97-98,9thFloor,Atlanta,NarimanPoint,Mumbai-400021 022-22047197/98
NEW DELHI :SaharaIndia,A-120,3rdFloor,MainVikasMArg,Shakarpur,NewDelhi-110092 8368893236
NOIDA : C-1, SaharaIndiaComplex,Sector11,Noida-201301. 9816846554
PATNA :C/oSaharaIndiaPariwar,SaharaIndiaVihar,BoringRoadChauraha,BoringRoad.Patna-800001. 9693255280
REGISTRAR AND TRANSFER AGENT :
KARVY Computershare Private Limited(Unit:SaharaMutualFund)#59,‘SKANDA”,PuttannaRoad,Basavangudi,Bengaluru-560004,Ph:080-67453356 TollFreeNo.:18004254034/35Email:[email protected]
Agra–9369918603;Ahmedabad-079-65445550;Ajmer-0145-5120725;Allahabad–9369918605Ambala–9315017301;Amritsar-0183-5053802;
Anand – 9662020623;Asansol - 0341-3266507;Aurangabad - 0240-2343414;Balasore - 06782-260503;Bangalore - 080-26600785;Bareilly –
9369918607;Baroda-0265-6640870;Belgaum-08312402544;Berhampur(Or)-0680-2228106;Bhagalpur–9386256100;Bharuch-02642-225022;
Bhavnagar - 0278-3004116;Bhilai - 0788-2295999;Bhilwara - 01482-246362;Bhopal - 0755-4092712;Bhubaneswar - 0674-2548981;Bokaro –
9204061959;Burdwan - 0342-2665140;Calicut - 0495-4022480;Chandigarh– 987666990;Chennai - 044-42028512;Cochin - 0484–4025059;
Coimbatore-0422–4388011;Cuttack-0-9238102118;Darbhanga-06272-220145;Dehradun–9369918608;Dhanbad-0326-6452027;Dharwad
- 0836-2744207;Durgapur - 0343-6512111,Erode - 0424-4021212;Faridabad–9310448851;Gaya - 0631-2220071;Ghaziabad–9310448804,
Gorakhpur–9369918610;Guntur-0863-2339094;Gurgaon–9310448806;Guwahati–8811036746;Gwalior–9300004262;Hissar–9315017303;
Hubli - 0836-2252444;Hyderabad - 040-67406120; Indore - 0731-4266828; Jabalpur - 0761-3204376; Jaipur - 0141-4167714; Jalandhar - 0181-
5094410;Jalgaon-0257-2226761;Jammu-0191-2458820;Jamnagar-0288-2558887;Jamshedpur-0657-6655000;Jhansi–9369918614;Jodhpur
-0291-6454590;Kanpur - 9369918615/6;Karaikudi - 04565-237192;Karur - 04324-241755;Kolhapur -02312653656 ;Kolkata -033-40611135/
36;033-24659263/9267,24635432,24669450,24196462;Kota-0744-5100964;Kottayam-0481-2300868;Lucknow–9369918600;Ludhiana-
0161-4648747;Madurai-0452-2605856;Mangalore-0824-2496289;Margoa-0832-2731823;Meerut–9369918619;Mehsana-02762-242950
;Moradabad–9369918620 ;Mumbai -022-66235353 ;Muzaffarpur–9386256101 ;Mysore -0821-2438006 ;Nagpur -0712-2533040 ;Nasik -
(0253)6608999;Navsari-02637-280367;NewDelhi-011-43681700;Noida-9310448805;Panipat–9315017304;Panjim-0832-2426874/73
;Patiala-0175-5004349;Patna-0612-6453098;Pondicherry-04132220640;Pune-020-6649670001;Raipur–0788-2289499;Rajahmundry
-0883-2434468 ;Rajkot -0281-6545888 ;Ranchi -0651-2331320 ;Rohtak–9315017305 ;Rourkela -0661-2500005 ;Salem-0427-4020300 ;
Shillong-03642506106;Shimla–9318644501;Shimoga-08182-228799;Silchar-03842261714;Siliguri-0353-2526393;Surat-0261-3042170
;Tirunelveli-04622335137;Tirupur-0421-2214221;Trichur-04876999987;Trichy-0431-4020227;Trivandrum-0471-2725728;Udaipur-0294-
2429370;Valsad - 02632-258481; Vapi – 9228012909; Varanasi – 9369918626; Vijayawada - 0866-2475126; Visakhapatnam - 0891-2714125.
KARVY INVESTOR SERVICE CENTRES