Just SMS

Just SMS a facility that makes investing in Tata Mutual Fund Simple and convenient! By using JUST SMS facility an investor can transact (i.e. purchase, redemption and switch only) by sending instructions through SMS (Short Messaging Service) through a registered mobile number.

The Simple Steps involved are:

• Register for Just SMS facility by filling in the Registration cum Debit Mandate form.
• To Invest: Send an SMS INV space <amount> space <scheme code> space <folio number> to 56767177 i.e. For example, for purchasing units worth Rs. 10,000 in Tata India Tax Saving Fund – Regular Plan – Growth option in folio number 12345678, SMS INV 10000 TTSFG 12345678.
• To Switch: Send an SMS SWITCH space <amount> space <scheme code> space <to scheme code> space <folio number> to 56767177 i.e. for Switching Rs.1000 from Tata Short Term Bond Fund - Regular Plan - Monthly Dividend Option to Tata India Tax Saving Fund – Regluar Plan – Growth option in Folio no. 12345678, SMS SWITCH 1000 TSTD TTSFG12345678 to 56767177
• To Redeem: Send an SMS RED space <amount> space <scheme code> space <folio number> to 56767177 i.e. for example, for redeeming Rs. 1,000 in Tata India Tax Saving Fund – Direct Plan – Growth option in folio number 12345678, SMS RED 1000 TTSFGZ 12345678.

If you have a registered folio having the email id and mobile number registered in any of the schemes where CAMS is a registrar you can avail of the Just SMS facility.

Further, this Facility is currently available only to Resident Individuals (including guardians on behalf of minors). However we may extend this facility to other categories of investors such as sole proprietors, NRIs, non-individuals etc at the discretion of the AMC at a later stage.

In case the mode of holding of the folio is ‘Joint’ and the Debit Mandate is duly signed by all the joint holder(s), it will be deemed to be an express instruction to the AMC / RTA to keep the mode of holding to ‘Anyone or Survivor’ for availing this Facility only, so that this facilities is available to the first named holder only. In case the unit holder is a “minor”, the legal /natural guardian shall be eligible to avail of this Facility till the minor attains majority. As such legal/natural guardian may make payments from the minor’s respective bank account (or in accordance with the exceptions provided for third party payments) and the same shall be recognized by the AMC as valid payment as per the SEBI MF regulations.

You need to fill a registration cum Debit Mandate form and complete the registration formality. On successful registration you will receive a confirmatory SMS from Tata Mutual Fund post which you can invest using Just SMS facility.

You need to provide an original cancelled cheque with your name printed on the face of the cheque of the same bank account registered in the registration form with your name printed on the face of the cheque. In case you are not able to submit the Original cancelled cheque or the cheque does not have your name on the face of the cheque. Then you need to submit:

• Copy of the bank passbook attested by bank / Original bank statement with your name, address and bank account number.
• A letter from the bank on its letter head certifying that you maintains an account with the bank, along with the information like the bank account number, bank branch, account type, the MICR code of the branch and the IFSC code.
• Get the bankers attestation in the face of the form in the section BANKER’S Attestation (For BANK Use only)

The cheque/ bank account details are subject to third party verification.

Currently this facility is available only for investing in all open ended schemes except Tata Retirement Savings Fund, Tata Young Citizens’ Fund, Tata Liquid Fund, Tata Over Night Fund.

The minimum purchases / redemption / Switch amount in the respective scheme/(s) option will be applicable for each transaction.

Currently, you can purchase through Just SMS is restricted below Rs. 2 lakhs however there is no restriction on the redemption amount.

The Purchase and Redemption transaction requests can be accepted in “Amounts” only and cannot be requested through “units”, however the request for unit based redemption / switches can be given for “All units” and not of part thereafter. These amounts are subject to modification by AMC.

To Invest: Send an SMS INV space <amount> space <scheme code> space <folio number> to 56767177 i.e. For example, for purchasing units worth Rs. 10,000 in Tata India Tax Saving Fund – Regular Plan – Growth option in folio number 12345678, SMS INV 10000 TTSFG 12345678.

To Switch: Send an SMS SWITCH space <amount> space <scheme code> space <to scheme code> space <folio number> to 56767177 i.e. for Switching Rs.1000 from Tata Short Term Bond Fund - Regular Plan - Monthly Dividend Option to Tata India Tax Saving Fund – Regular Plan – Growth option in Folio no. 12345678, SMS SWITCH 1000 TSTD TTSFG 12345678 to 56767177

To Redeem: Send an SMS RED space <amount> space <scheme code> space <folio number> to 56767177 i.e. for example, for redeeming Rs. 1,000 in Tata India Tax Saving Fund – Direct Plan – Growth option in folio number 12345678, SMS RED 1000 TTSFGZ 12345678.

In case of “All” units switch / redemption request instead of “Amount” mention “ALL”

e.g. for Switching ALL units from Tata Short Term Bond Fund - Regular Plan - Monthly Dividend Option to Tata India Tax Saving Fund – Regular Plan – Growth option in Folio no. 12345678, SMS SWITCH ALL TSTD TTSFG 12345678 to 56767177

The complete list of the Scheme Code can be downloaded here.

Yes. The Purchase Facility is currently available to the investors with the bank account with following bank branches:

• All bank branches participating in NACH facility.

No. Tata Mutual Fund does not levy charge to use this facility, however some banks and branches may levy charges for mandate registration and / or transactions to their bank account holders, which will be borne by the account holder only and will not be borne /reimbursed by the AMC or the fund.

Further, all transactions under this Facility will be processed as per the ARN code of the distributor mentioned on the registration cum mandate form, investors may be charged with transaction charges if the distributor has opted for the same. Investors are advised to check with their distributors regarding the same.

The bank account of the investor may be debited towards purchases either on the same day of transaction or generally within one to seven days business days. In case of non-receipt of the funds (for any reason), the transaction shall stand cancelled and units allotted, if any, would be reversed.

On receipt of your SMS, an SMS acknowledgement for receipt of your SMS will be sent from our side.

Further, when the transaction is registered successfully a confirmatory SMS with the transaction reference number is sent from our side, you can quote this transaction reference number for further queries.

On successful processing of your transaction you will receive a transaction processing confirmation SMS from our side.

In case of receipt of multiple confirmations against a single transaction request, the same needs to be brought to the immediate attention by calling up the call centre on 022 6282 7777 Monday to Saturday from 9:00 am to 5.30 pm.

In case of non-receipt of confirmation from CAMS within a reasonable time, you are advised to immediately call up the call centre on 022 6282 7777 Monday to Saturday from 9:00 am to 5.30 pm.

to confirm the status of the transaction request.

Only one mobile number can be registered with one folio for the purpose of Just SMS Facility.

The applicable NAV for the transaction will be dependent upon the time of receipt of the SMS into Computer Age Management Service Pvt. Ltd, Registrar & Transfer Agent of the Fund, (‘RTA’) server, electronically time-stamped and other factors like scheme, type of transaction, amount, date of realization of funds under SEBI regulations and will be treated on par with similar transactions received through other modes.

Refer the link (https://www.tatamutualfund.com/docs/default-source/isin/2020/notice_cum_addendum_cut_off_timings_070420.pdf?sfvrsn=52d6aaef_3) for the NAV applicability.