IDFC FMP 3 Year Series 5 - Securities and Exchange Board of India

trust or fee and expenses payable or any other change which would modify the Scheme(s) and thePlan(s) / Option(s) thereunder and affect the interests of Unitholders is carried out unless:• A written communication about the proposed change is sent to each Unitholder and anadvertisement is given in one English daily newspaper having nationwide circulation as well as ina newspaper published in the language of the region where the Head Office of the Mutual Fund issituated; and• The Unitholders are given an option for a period of 30 days to exit at the prevailing Net AssetValue without any exit load.G. HOW WILL THE SCHEME BENCHMARK ITS PERFORMANCE?Currently no AMFI - recognised benchmark is available for strict comparison for the Scheme. HoweverCrisil Short Term Bond Fund Index for IDFC Fixed Maturity Plan 3 Year Series 5(IDFC FMP 3YS 5)being a widely used benchmark (for products with similar tenor / average maturity etc.) in the market, thesame has been selected as a standard benchmark for the purpose of this Scheme.H. WHO MANAGES THE SCHEME?The Fund Manager of the Scheme is Mr. Anupam Joshi. His particulars are given below:Mr. Anupam Joshi Fund Manager P. G. Diploma inBusinessManagementHe has over 10 years of experiencein Portfolio Management & DealingIn his last assignment with Principal PNB Asset Management Company, he was involved in PortfolioManagement & Dealing (November 2005 – August 2008). Prior to this he had worked with ICAP India PrivateLtd as a Dealer (May 2003 – November 2005). Age: 33 years.Mr. Anupam Joshi also manages following schemes of IDFC Mutual Fund:IDFC Savings Advantage Fund, IDFC Cash Fund, IDFC Money Manager Fund – Investment Plan, IDFCMoney Manager Fund – Treasury Plan, IDFC Super Saver Income Fund – Medium Term Plan, IDFC SuperSaver Income Fund – Short Term Plan, IDFC Ultra Short Term Fund, IDFC Fixed Maturity Plan – YearlySeries 32-46, IDFC Fixed Maturity Plan – Yearly Series 52-54 IDFC Fixed Maturity Plan – EighteenMonths Series 7 (IDFC-FMP-EMS7), IDFC-Fixed Maturity Plan – nineteen Month Series 1 (IDFC-FMP-NMS1), IDFC FMP- 17 months – Series 1, IDFC FMP- 17 months – Series 3, IDFC FMP- 16 months –Series 3, IDFC FMP- 100 Days Series 3, IDFC FMP- 200 Days Series 1& 2, IDFC FMP Half Yearly Series12, IDFC FMP 2 Year Series 1, IDFC FMP 36 Months Series 2,IDFC FMP - Quarterly Series 64INVESTMENT BY THE AMC IN THE SCHEMEThe AMC may invest in the Scheme from time to time. As per the Regulations, such investments arepermitted subject to disclosure being made in the Scheme Information Document. However, the AMC shallnot be entitled to charge any management fee on its investments in the Scheme.I. WHAT ARE THE INVESTMENT RESTRICTIONS?Pursuant to the Regulations and amendments thereto, the following investment restrictions are presentlyapplicable to the Scheme:1. Debt instruments in which the Scheme invests should be rated as investment grade by a creditrating agency. Till the regulations so require, not more than 15% of the Net Assets of the Schemeshall be invested in debt instruments issued by a single issuer. Provided that such investment limit19