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

iv) For any negligence / mistake or misconduct by the Unit holder and/or for any breach or noncomplianceby the Unit holder of the rules/terms and conditions stated in this Agreement.v) For accepting instructions given by any one of the Unit holder in case of joint account/s havingmode of operations as "Either or Survivor" or "anyone or survivor".vi) For not verifying the identity of the person giving the telephone instructions in the unit holdername.vii) For not carrying out any such instructions where the AMC has reason to believe (whichdecision of the AMC the Unit holder shall not question or dispute) that the instructions givenare not genuine or are otherwise improper, unclear, vague or raise a doubt.10. The AMC may assign any of its rights under these terms and conditions without the consent of theUnit holder to any of the AMC’s group companies, subsidiary or Associate Company or such othercompany which the AMC deems suitable for provision of this Facility.All other investors in the scheme/plan will be eligible to avail of phone transact facilities for permittedtransactions (as may be decided by the AMC from time to time) by entering into an agreement with theAMC/Mutual Fund. Requests like change in bank mandate, change of nomination, change in mode ofholding, change of address or such other requests as the AMC may decide from time to time will not bepermitted using the phone transact facility. The AMC/Mutual Fund reserves the right to modify the termsand conditions of the service from time to time as may be deemed expedient or necessary.The Unit holder shall register to avail the Phone Purchase facility by submitting the “One Time DebitMandate Form for Phone Purchase” and submit the same to the AMC/ISC .The form can bedownloaded from www.idfcmf.com. The terms and conditions for Phone Purchase are mentioned onthe reverse of the form.B. ONGOING OFFER DETAILSOngoing Offer PeriodThis is a close ended scheme. Units shall be on offer for subscription only during the New Fund Offerperiod.Ongoing price for subscription (purchase)/switch-in (from other schemes/plans of the mutualfund) by investors. : Not Applicable, as this is a close ended scheme and units are available forsubscription only during the NFO.Ongoing price for redemption (sale) /switch outs (to other schemes/plans of the Mutual Fund)by investors:No Redemption/ repurchase of units shall be allowed prior to the maturity of the scheme. Unitholderswho wish to exit may do so through the Stock Exchange mode.Switch outs to other schemes/plans of the Mutual Fund will be permitted only on maturity of thescheme.SWITCH FACILITYSwitching from any Schemes of the Mutual Fund to this SchemeInvestors who hold Units in any open ended schemes launched or to be launched hereafter of theMutual Fund may switch all or part of their holdings to any of the scheme available for subscriptionunder this SID during the New Fund Offer Period of the scheme. Investors who hold Units in anyclose ended schemes launched or to be launched hereafter of the Mutual Fund may switch all or partof their holdings to any of the scheme/Plan available for subscription under this SID during the New29