Terms and Conditions
1. Please refer to the Key Information Memorandum (KIM), Statement of Additional Information (SAI) and Scheme Information Document (SID) for Applicable NAV, Risk Factors,
Load and other information of the Scheme / Plan before investing.
2. Complete Application form and SIP ECS Mandate Form along with the first cheque should be submitted to the AMC / Karvy ISC's.
3. Investors should mandatorily give a cheque for the first Installment. The first cheque should be drawn on the same bank account which is to be registered for ECS (Debit
Clearing). Alternatively, the cheque may be drawn on any bank, for which investor should provide a photocopy of the cheque or cancelled cheque of the bank/branch for which
ECS is to be registered.
4. First SIP cheque and subsequent SIP installments via ECS should be of the same amount.
5. If any chosen day falls on a non business day, the next business day will be considered as the transaction date.
6. Incorrect / Incomplete applications are liable to be rejected.
7. Edelweiss AMC reserves the right to reject any application without assigning any reason thereof and the Trustee reserves the right to change/modify the terms and conditions of
SIP.
8. ECS instructions will take a minimum of one month for registration with the bank and hence the first auto debit will be carried out only after on e m o n t h , on th e S I P date
mentioned on the form. The AMC reserves the right to modify the SIP period depending on the one month period for registration to ensure minimum number of installments as
mentioned in Scheme Information Document (SID)
9. ECS facility is offered only to
• Investors having bank accounts in HDFC Bank, IDBI Bank, Kotak Mahindra Bank, Axis Bank and Indus Ind Bank in all ECS locations.
• All core bank branches of Bank of Baroda, Bank of India, Punjab National Bank, Union Bank of India.
• All Bank branches located in the following cities.
List of cities for Auto Debit facility via ECS
10. The cities mentioned above may be modified/updated/changed/removed at any time in future at the discretion of the AMC without assigning any reasons or prior notice. If any
city, bank/branch is removed, SIP instructions for investors in such cities, bank/branch via ECS route will be discontinued without prior notice.
11. Installment options available under SIP**
12. Existing Unit holders in Scheme(s) of Edelweiss Mutual Fund are required to submit only the SIP ECS / Auto Debit Mandate Form. Existing unit holders should note that the unit
holder’s details & the mode of holding will be as per the existing account. New investors, who wish to enroll for SIP through Auto Debit/ECS, should fill the Common Application
Form & SIP ECS / Auto Debit Mandate Form.
13. Initial cheque should be drawn on any bank, which is situated at & is a member of the Banker’s Clearing House located at the place where the SIP application is submitted or
payable at par & should participate in local MICR clearing. Please contact the nearest designated Investor Service Centre for the updated list. For outstation applications, the
initial DD has to be payable at the nearest AMC locations. No outstation cheques will be accepted. The cheque should be drawn in favor of the Scheme chosen {e.g. Pay
************ [Scheme name] & crossed “A/c Payee Only”.
14. Payments will be accepted by ECS/Auto Debit mode. For this purpose, investors/unit holders are required to give ECS Mandate Form to debit their bank accounts at periodic
intervals& credit the subscription proceeds to Edelweiss Mutual Fund Bank Account.
15. Returned/Dishonored cheque/ECS Rejects will not be presented again for collection. If the 1st installment cheque is dishonored, the SIP processing/ registration will be
rejected.
16. The SIP Enrollment will be discontinued in cases where Two consecutive SIP installment are not honored or the bank account is closed and no request for change in bank account
has been submitted.
17. If investor has not provided the SIP frequency/period/date, the default SIP frequency would be Monthly & the SIP installments would be the minimum number of installments
of the respective Schemes as specified in the Scheme Information Document. The default date will be considered as 7th of the month for Monthly option.
18. Additional SIP: If an investor wants to enroll in another Scheme & continue for the existing folio, then the investor has to submit a duly filled & signed SIP ECS / Auto Debit
Mandate Form along with the first cheque (if investment is in the new Scheme).
19. Top-up: After completion of the tenure, in case the investor wants to continue his SIP investment for another tenure with the existing folio, then the investor has to submit a duly
filled & signed SIP ECS / Auto Debit Mandate Form.
20. The list of locations where ECS facility is available is subject to change from time to time.
21. You can choose to discontinue this facility by giving 10 days written notice to any of AMC/ Registrar Investor Service centers.
22. Request for change in bank mandate to be submitted atleast 30 business days before the due date of next SIP installment.
23. The bank account provided for ECS (Debit) should participate in local MICR Clearing.
24. MICR code starting and / or ending with 000 are not valid for ECS
25. The investor agrees to abide by the terms and conditions of ECS facility of the Reserve Bank of India (RBI) as applicable at the time of investment and as may be modified from
time to time.
26. The investor undertakes to keep sufficient funds in the account till the date of execution of the debit. The investor hereby declares that the particulars given overleaf are correct
and complete. If the date of debit to the investors account happens to be a non Business day as per the fund, execution of the debit will not happen on the day of the holiday and
allotment of Units will happen as per the terms and conditions listed in the concerned Scheme Information Document (SID). The Fund, its Registrars, Auto Debit Banks and other
service providers shall not be liable for, nor be in default by reason of, any failure or delay in completion of its obligation under this agreement, where such failure or delay is
caused , in whole or in part, by any acts of God, civil war, civil commotion, riots, strike, mutiny, revolution, fire, flood, fog, war, change of government policies, unavailability of
banks computer system , force majeure events or any other cause of peril which is beyond their reasonable control and which has the effect of preventing the performance of
contract by them.
27. Investors will not hold Edelweiss AMC, its registrars, banks and other service providers responsible if the transaction is delayed or not effected or the investor's bank account is
debited in advance or after the specific sip date due to the local holidays or any other reason.
28. Edelweiss AMC reserves the right to reject any application without assigning any reason thereof.
29. Please refer SID for minium SIP investment amount under each Schemes
30. Please refer the Key Information Memorandum (KIM) and Scheme Information Document (SID) of the respective Scheme for applicable NAV, risk factors, load (exit/entry) and
other information on the respective Scheme before investing.
31. Incorrect, incomplete or ambiguous forms will not be accepted and will be returned to the investor within 10 business days via normal post.
32. To avail of SIP in separate Schemes via Direct Debit/ECS facility, an investor will have to fill a separate form for each Scheme. A single form cannot be used for different Schemes
simultaneously.
Agra
Ahmedabad
Allahabad
Amritsar
Asansol
Aurangabad
Bangalore
Bardhaman
Baroda
Belgaum
Bhilwara
Bhopal
Bhubaneshwar
Bijapur
Calicut
Chandigarh
Chennai
Cochin
Coimbatore
Cuttack
Davangere
Dehradun
Delhi
Dhanbad
Durgapur
Erode
Gadag
Goa
Gorakhpur
Gulbarga
Guwahati
Gwalior
Haldia
Hubli
Hyderabad
Indore
Jabalpur
Jaipur
Jalandhar
Jammu
Jamnagar
Jamshedpur
Jodhpur
Kakinada
Kanpur
Kolhapur
Kolkata
Lucknow
Ludhiana
Madurai
Mandya
Mangalore
Mumbai
Mysore
Nagpur
Nasik
Nellore
Patna
Pondicherry
Pune
Raipur
Rajkot
Ranchi
Salem
Shimla
Shimoga
Sholapur
Siliguri
Surat
Thirupur
Tirupati
Trichur
Trichy
Trivandrum
Tumkur
Udaipur
Udipi
Varanasi
Vijaywada
Vizag
Frequency Daily** (SIP) Weekly (SIP) Monthly (SIP)
Minimum Amount `300/- & in multiples of `500/- & in multiples of `500/- & in multiples of
(Open-ended Schemes) `1/- thereafter `1/- thereafter `1/- thereafter
#
Minimum Installments 30 12 12
Dates Available All Business Days 7th, 14th, 21st, 28th 7th OR 14th OR 21st OR
of any month 28th of any month
#Apart from the initial amount paid for subscribing/entering into this facility.
**Daily SIP available only in 6 cities viz. Ahmedabad, Bangalore, Chennai, Delhi, Kolkata and Mumbai.