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AMFI

Presented By:-Ankit JainPankaj Modi

Priya MaruMukul Yadav

Unit IV

OFFER DOCUMENT

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Offer DocumentNew fund offer

The document containing thedetail of a NFO that the AMC orsponsor prepare and circulate

to the prospective investor iscall the offer document.

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Importance for The

InvestorOne of the most important source of

information from the perspective of theprospective investor.

Investor must understand thefundamental attributes of the scheme.

The operating documents and describes

the products. The primary vehicle for the investment

decision.

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The contents Details of the sponsor and the AMC

Description of the scheme and the

investment objective/strategy

Terms of issue

Historical statistics

Investors Rights and Services

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SEBI Guidelines Validity of offer document for new schemes.

Investors right to information on materialchanges in schemes.

Periodic revisions required in the offered

document. Distribution of revised documents specified.

A copy of changes has to be filed with SEBI

Where to obtain the updated offerdocuments.

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Documents

Name of the Mutual FundName of the Scheme Type of scheme

Name of AMC Classes of units offered for sale

price of guarantor in case of assured

return scheme Opening, closing and earliest closing

date for the offer.

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The risk factors

Standard risk Factor Investment are subject to market risks.

NAV movement on basis of capita market

movement. Past performance is not indicative of the

future performance of the scheme.

Name of scheme doesnt indicate its

quality.

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Scheme specific riskfactors Scheme investment objective / strategy.

Risk arising from non- diversification.

Specific risk factors associated withinvesting in close ended scheme.

Assured return scheme.

AMC previous experience.

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Legal and Regulatorycompliance

AMC need to appoint compliance officer.

The draft offer document accordance withSEBI regulations

All legal requirements connected withlaunching

Disclosures made in the offer document aretrue and fare.

The intermediaries named in the offerdocument are registered with SEBI

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Information

Expensese.g. sales load charge % of NAV, initialissue expenses, annual recurring

expenses.

Condensed Financial Information ofschemes

Information about last 3 fiscal year,

borrowing information of last year,

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Constitution of the

Mutual FundBrief Description of theObjectives of the Fund

Functions and responsibilities ofthe its constituents: sponsor,AMC, trustees and custodian

Activities of the sponsor and itsfinancial performance for the lastthree fiscal years.

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Conti.Names and addresses of theBoard of trusties anddirectors

Summary of trust deed

provisionTrusteeship fees

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Investment objectives andpolicies

Short description of the typeof securities.

Asset allocation patternPolicy of diversification

At least 65% invest inSchemes Implies name

t t

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anagement o t eFundName and background of the..Fund Manager

Key personnel

Investor relations officerAMC and its Directors

The custodian

RegistrarTransfer agent and the statutory

auditor.

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Offer related

InformationMinimum and Maximum amount requiredCircumstances for refundCalendar indicatingIn case of listing name of Stock ExchangesOption to convert close ended scheme into

open ended schemeCircumstance under which scheme will be

wound up.Procedure for transfer and transmission of

units

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er eyinformation

Associate/group companies transactions

SEBI restricts

Borrowing policy

not allow acceptdescription of accounting Policies act (1996)

Tax Treatment of investments

Describe tax elements applicable toinvestor and fund itself

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The KeyInformation

Memorandum

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Memorandum

A. Investment objectiveB. Asset allocation pattern of

the scheme

C. Plans and options

D. Benchmark index and

dividend policy

E. Names of Fund Manager and

Trustee Company

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Cont..F. Compounded annualized returns over a one,

three or five year period

G. Exp. Of Scheme with regard to Loadstructure and recurring exp.

H. Source for obtaining daily NAVI. Investor grievance contact

J. Information of accounting statement, annualfinancial result and half-yearly portfolio