DISCLAIMER

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Rhea Nagpal
ARN -105860
AMFI Registered Mutual Fund Distributor

Contact Information:

Mobile: 9878800564
Email: [email protected]

Disclaimer:

  • Market Risk: Mutual Fund investments are subject to market risk. Please read all scheme-related documents carefully before investing.
  • Dividend Option: If an investor opts for the Dividend option, please note that dividend payouts are not assured, and there may not be any dividends if the fund fails to generate any surplus. (Income distribution cum capital withdrawal is the new term used for dividend.)
  • Stock Market Investments: Past performance may or may not be sustained in the future.
  • Applicable NAV: You will get the NAV of the day when the invested amount actually reaches AMC’s bank account, and not the day you invest at your end based on cut-off timing rules.

Profile Update:

For any changes in profile (like Name, Address, Mobile, Email, PAN), please update us with the new details.

Nominee/Joint Holder:

Most changes to the Nominee (Joint Holder) will be reflected immediately. Please visit our office with the necessary proofs.

Annual Review Meeting:

A review meeting is held at least once a year or as per need if required

Investment Statements:

After investments, you can receive statements via email from AMC(s). If you still prefer physical reports, they are available free of cost upon request. Please call a day prior so that we can prepare a print.

Valuation Report:

The NAV and value in the Valuation Report are as per the valuation date.

Important Information:

The information contained in the report is provided to facilitate mutual fund investment decisions to the best of our ability. While due care has been taken in the compilation of the data, the correctness of the assumptions and the accuracy of the data in the report cannot be guaranteed. The recipient alone shall be fully responsible and liable for any decisions taken based on this report.

Lock-in Period and Exit Load for Various Schemes:

  • Lock-in Period:
    • ELSS Mutual Fund: Qualifies for 80C fund. Lock-in remains for a 3-year period for SIP or one-time SIP. Each installment has a lock-in period of 3 years.
    • Fixed Maturity Plan (FMP): Launched for a fixed period. Each installment has a lock-in period of 5 years.
  • Exit Load: Every mutual fund scheme has exit load charges, typically 1% for SIP. Some SIPs are treated as fresh purchases, and if redeemed before 12 to 36 months, the exit load is applicable as per the fund manager’s terms.

Taxation:

  • STCG & LTCG: Applicable as per prevailing Income Tax rules, depending on the scheme, investment date, redemption date, and investment holding time.
  • Investments through NRE/NRO accounts: TDS will be applicable to your returns.

Applicable NAV for Withdrawal Transaction:

The applicable NAV depends on the scheme type and the time at which the redemption request is placed.

  • For liquid funds: If you have made the redemption before 1:00 PM, your redemption will be processed at the NAV of the same day. If the redemption request is placed after 1:00 PM, your redemption will be processed at the NAV of the next business day.
  • For non-liquid funds: If you have made the redemption before 2.30PM, your redemption will be processed at the NAV of the same day. If the redemption request is placed after 2.30 PM, your redemption will be processed at the NAV of the next business day.

Modification and Discontinuation:

We reserve the right to modify or discontinue updates in the report. If any corrections are brought to our notice, they will be made without liability for any discrepancies.

For More Details:

Please visit our website www.prabhusecurities.com
We deal only in regular plans, for which we receive brokerage from AMC.
Thank you for trusting & investing with us!