Declaration
Having read and understood the contents of all the scheme related documents of the scheme, I /we
hereby apply / withdraw for units of the scheme and agree to abide by the terms, conditions, rules
and regulations governing the scheme, I
/We hereby declare that the amount invested in the scheme is through legitimate sources only and
does not involve and is not designated for the purpose of the contravention of any act, Rules,
Regulations, notifications or Directions
of the provisions of the Income Tax Act, Anti Money Laundering Laws, Anti-Corruption Laws or any
other applicable laws enacted by the government of India from time to time. I/ We have understood
the details of the scheme and I / we
have not received have been induced by any rebate or gifts, directly or indirectly in making the
investment. I/ We confirm that details provided are true and correct. I have voluntarily subscribed
to the on line access for transacting
though the internet facility provided by Tata Asset Management Private Limited (TAML) (Investment
manager of
Tata Mutual Fund) and confirm of having read, understood and agree to abide the terms and conditions
for availing of the internet
facility more particularly mentioned on the website www.tatamutualfund.com and hereby undertake to
discharge the obligations cast on me and shall not at any time deny or repudiate the on-line
transactions effected by me and I shall be solely liable for all the costs and consequence thereof.
I/ We undertake that subscriptions are to be made through my / our registered bank mandates only.
FACTA and CRS Declarations: I / We have understood the information required (read along with FATCA
and CRS instructions) and hereby confirm that the information provided by me/us is true, correct and
complete. I /We also confirm that I/We
have read and understood the FATCA and CRS terms and conditions and hereby accept the same.
The information and data contained in this app do not constitute distribution, an offer to buy or
sell or solicitation of an offer to buy or sell any Schemes/Units of Tata Mutual Fund, securities or
financial instruments in any jurisdiction
in which such distribution, sale or offer is not authorised. The material/information provided in
this mobile app is for the limited purposes of information only for the investors. In particular,
the information herein is not for distribution
and does not constitute an offer to buy or sell or solicitation of an offer to buy or sell any
Schemes/Units of Tata Mutual Fund, securities or financial instruments to any person in the United
States of America ('US')/Canada.
Currently, the funds of Tata Mutual Fund have not been registered under the United States Securities
Act of 1933 (the 'Securities Act') or under the securities laws of any state and the funds have not
been registered under the Investment
Company Act of 1940 (the 'Investment Company Act') of the United States. Units in the funds are
therefore not being offered or sold within the United States/ Canada or to United States/ Canadian
Persons.
By entering this mobile app or accessing any data contained in this mobile app, 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 Tata Mutual Fund/Tata Asset Management Private Limited (TATA AMC) is
relying
upon this confirmation and in no event
shall the directors, officers, employees, trustees, agents of TATA AMC associate/group companies be
liable for any direct, indirect, incidental or consequential damages arising out of false
confirmation provided.
I / We agree that the server time at the instance of confirmation of the transaction will be
considered as the final time to determine transaction time, cut-off time and consequent applicable
NAV. The number of units allotted or redeemed
will be calculated based on the cut-off time and Applicable NAV as per SEBI guidelines as mentioned
in the Scheme Information Document (SID) of the respective schemes. I / We agree that the cut off
timing are as follows:
Cut – Off Time Matrix
| Schemes | Subscription | Redemption |
| 1. Liquid and Overnight Funds | 12:30 p.m. | 1:00 p.m. |
| 2. Tata Arbitrage Fund and Tata Tax Savings Fund | 3.00 p.m. | 3.00 p.m. |
For subscriptions for Tata Arbitrage Fund and Tata Tax Savings Fund is as under:
| Application Size
| Applicable NAV
|
| For application
amount of Rs. 2 Lacs* & above * Multiple applications (purchase including switch in)
submitted by investor on same day for the same scheme, shall be aggregated at investor
level (i.e. First holder / Sole
Holder) for determination of Rs. 2 Lacs. | NAV of the day on
which the funds are realized up to 3.00 p.m. (Subject to transaction being time-stamped
upto 3 p.m. on the date of realization of funds). |
| For application
amount upto Rs. 2 Lacs | If application is
time stamped before 3 p.m. on any business day - Applicable NAV shall be the closing NAV
of the date of receipt of the application. If application is time stamped after 3 p.m.
on any business day - Applicable
NAV shall be the closing NAV of the next business day. |
I / We agree that the cut off timing for subscriptions for Tata Liquid Fund and Tata Overnight Fund
the applicable NAV for allotment will be based on submission of purchase transaction online before
cut off time of 1.00 pm and availability
of funds for utilization before cut-off time.
As regard all purchases, the time after successful payment and transaction being confirmed before
applicable cut-off time will be considered as final and there cannot be any changes there-of.
Also I/ we understand and agree that in case of online transactions through Tata Savings + app, the
movement of funds from my/our bank account to the Scheme's bank account happens via the Intermediary
/ Aggregator service provider through
a Nodal (shadow) bank account and post reconciliation of fund. The process of movement of funds from
the my/our bank account into the Scheme's Bank account in case of online transaction is governed by
Reserve Bank of India(RBI)vide
their circular Ref. RBI/2009-10/231 DPSS.CO.PD.No.1102/02.14.08/2009-10 dated 24th November, 2009.
The process followed by the aggregator and the time lines within which the Funds are credited into
the Scheme's bank account is within
the time lines provided by RBI which is T+3 settlement cycle / business days, where T
is the date of Transaction / day of intimation regarding completion of transaction. The
nodal bank account as stated above
is an internal account of the bank and such accounts are not maintained or operated by the
intermediary / aggregator or by the Mutual Fund. All funds held in the accounts are in the nature of
outside liability of the bank and the balances
held in the accounts shall be reckoned for the purpose of computation of Net Demand and Time
Liabilities of the Bank. Such accounts are subject to concurrent audits and a certificate is also
submitted to RBI regarding adherence of
stated directions.
I / We agree that while the movement of Funds from my Bank account may have happened on T
day, however post reconciliation and as per statutory norms the allotment can happen only on
availability of Funds for utilization by the AMC/MF and accordingly the transaction will
processed as per the applicable NAV based on availability of funds for utilization by 3
p.m.
I/We will, at all times, be responsible for my/our investment decisions and /or orders placed. I/
We/s will not hold, or seek to hold, AMC and/or any of its officers, directors, employees, agents,
subsidiaries or affiliates, liable for
any loss including but not limited to investment losses incurred by me/us. Investor/We understand
that the access to the online platform is given on the basis of the statements and declarations made
by me/us. Investor/s I/We undertake
to ensure that this facility would be put into action for bonafide transactions not involving any
violations of the provisions of Government of India or any other applicable law or regulation in
force in India.
TAML Warranties:
TAML will endeavor to make best efforts to keep the mobile app updated on a daily basis, so as to
provide upto date information to Investor/s. The Investor/s also agree/s that the look and feel of
the web screen and outputs there from
may differ based on the nature of the software used by the Investor/s to use the mobile app. TAML
agrees to take best efforts to protect security of the data placed on the Internet and has for this
purpose required the service provider
to sign a confidentiality agreement specifying confidentiality of the data and to restrict external
access to the database on the Internet. TAML/ service provider may, in the interest of the
Investor/s, request a fax confirmation of
the instructions and any additional information TAML/service provider may require. In such an event,
TAML/service provider shall not be bound to act on electronic instructions received, until the said
fax confirmation and additional
information is received from the Investor/s, in a form and manner acceptable to TAML/service
provider. TAML shall not be required to give the Investor/s individually any separate notice of any
of the modification and/or variations
that have been notified on the mobile app. TAML or the service provider shall have the absolute
discretion to amend or supplement any of the terms at any time and will endeavor to give prior
notice on the mobile app / through email
for such changes wherever feasible. TAML/service provider may, in its absolute discretion decide not
to carry out any such transaction where the service provider or TAML has reason to believe that the
instructions are not genuine,
are unclear, are such as to raise a doubt, are otherwise improper or there is ground to believe that
the same is in contravention of any statute/laws in India and cannot be put into effect. This app
can potentially experience technical
outages for reasons beyond our immediate control. In such an event, Tata Asset Management Private
Limited
will endeavor to restore functionality at the earliest and request you to bear with us. TATA AMC and
its service providers who support
this site will not be liable for resultant suspension of services.
Neither TAML nor the service provider shall be liable for any unauthorized usage of the facility or
any loss or damage or other consequences there from. Further, neither the Fund, nor TAML nor the
service provider shall be liable at all
for any misuse if any, of any data accessed through the Internet by third parties. Without prejudice
to any other provisions of this Agreement, TAML and its service provider shall not be liable for any
loss or damage whatsoever caused
arising directly or indirectly in connection with the services and/or this Agreement. TAML and the
service provider have the absolute discretion to withdraw/amend the services provided, or amend or
supplement any of the above terms
and conditions at any time without prior notice to the Investor /s. The Investor/s confirm/s and
agree/s that he/ she/they shall at all times be bound by any modification and/or variations made to
the other Terms and Conditions and
as notified on the mobile app. The Fund shall not be required to give the Investor/s individually
any separate notice of any of the modification and/or variations that have been notified on the
mobile app.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.