What happens if any document / information deficiency is observed?
Any deficiency in documentation / information will render the KAF and KYC Compliance letter, if any, allotted as invalid. • What will happen to my / our investment, if my / our KYC Compliance letter is invalidated? This is an important question. In the event of any KYC Application Form being subsequently rejected for lack of information / deficiency / insufficiency of mandatory documentation, the investment transaction(s) will be cancelled and the amount will be mandatorily redeemed at applicable NAV, subject to payment of exit load, wherever applicable. (In case of an ELSS Scheme or a New Fund Offer, the original amount invested will be refunded). Such refunds will be dispatched within a maximum period of 21 days from date of allotment of units. In respect of New Fund Offer the refunds will be dispatched within a maximum period of 6 weeks from the closure of New Fund Offer. It is possible that your folio is locked for any further additional investment or new subscription. • Do I / We
Any deficiency in documentation / information will render the KAF and KYC Compliance letter, if any, allotted as invalid. • What will happen to my / our investment, if my / our KYC Compliance letter is invalidated? This is an important question. In the event of any KYC Application Form being subsequently rejected for lack of information / deficiency / insufficiency of mandatory documentation, the investment transaction(s) will be cancelled and the amount will be mandatorily redeemed at applicable NAV, subject to payment of exit load, wherever applicable. (In case of an ELSS Scheme or a New Fund Offer, the original amount invested will be refunded). Such refunds will be dispatched within a maximum period of 21 days from date of allotment of units. In respect of New Fund Offer the refunds will be dispatched within a maximum period of 6 weeks from the closure of New Fund Offer. It is possible that your folio is locked for any further additional investment or new subscription. • Do I / We
