Terms & Conditions
I/We have fully read and understood the contents of the Scheme Information Document and Key Information Memorandum with respect to the Mutual Fund Scheme and hereby confirm and agree to abide all the terms and conditions described here.
- The value of the units purchased/ redeemed will be based on the applicable Net Asset Value (NAV) of the Scheme which may vary from time to time.
- Gita Financial (Sri Purna Chandra Sahu, ARN-257113) is an AMFI registered Mutual Fund Distributor (MFD) and has notified to me/us all the commissions (whether upfront, trail or otherwise), payable to him for the Scheme and the same are acceptable to me/us.
- I/We have been notified of the Entry and/or Exit Load in the Scheme and the same is acceptable to me/us.
- I/We agree and acknowledge that any instruction given by me/us before the cut off time would be processed on the same working day. Any instruction received after the prescribed cut off time will be processed on the next working day.
- I/We shall be bound by circulars/notices issued by the regulatory authorities from time to time and I/We are aware that the units of the schemes shall be allotted and/or redeemed, as the case may be, as per the regulatory guidelines in force and the terms of the Scheme, as applicable.
- MFD shall not be liable for any loss, consequential or otherwise, that may arise to me/us as a result of the incorrect NAV as displayed / applied on units allotted to me/us by the Exchange/ Mutual Fund etc.
- I/We are fully aware and understand that investment in mutual fund schemes is wholly at my/our own risk and judgement and the MFD is not in any way responsible for the investments made by me/us in the Schemes of Mutual Fund. I/We shall not in any way hold the MFD responsible for the investments made by me/us nor bring any action, whatsoever against the MFD in this regard.
- Any tax implication arising out of any transactions entered in to pursuant to these terms and conditions would be as per the provisions of Income Tax Act,1961, or any modification or re-enactment thereof.
- Mutual fund investments are subject to market risks and there can be no assurance that the Scheme’s objectives will be achieved and the NAV of the scheme may go up or down depending upon the factors and forces affecting the securities market. Past performance of the mutual fund and its schemes are indicative and do not guarantee and/or confirm the future performance of the schemes of the mutual fund. Please read the scheme information document carefully before investing.
- MFD has the absolute discretion to amend and/or supplement any of the terms and conditions at any time and MFD will endeavor to give prior notices of the same by email or by displaying the amended Terms and Conditions on the Website or in any manner, it may deem fit, and such amended terms and conditions will apply to and be binding on us/me.