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

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These estimates have been made in good faith as per information available to the AMC and the totalexpenses may be more than as specified in the table above. However, as per the Regulations, the totalrecurring expenses that can be charged to the Scheme in this Scheme information document shall besubject to the applicable guidelines. Expenses over and above the permitted limits will be borne by theAMC.As per SEBI (MF) Regulations, 1996, recurring expenses will not exceed the following limits per annum:1. on the first Rs. 100 crore of the Scheme's weekly average net assets, will not exceed 2.25%2. on the next Rs. 300 crore of the Scheme's weekly average net assets, will not exceed 2.00%3. on the next Rs. 300 crore of the Scheme's weekly average net assets, will not exceed 1.75% and4. on the balance of the Scheme's weekly average net assets, will not exceed 1.50%.Recurring expenses incurred in excess of the aforesaid limits will be borne by the AMC.The total recurring expenses of the Scheme, will, however, be limited to the ceilings as prescribed underRegulation 52(6) of the Regulations.These estimates have been made in good faith as per the informationavailable to the Investment Manager based on past experience and are subject to change inter-se. Types ofexpenses charged shall be as per the SEBI (MF) Regulations. Also as per SEBI Circular dated December11, 2008, listing fees shall be a permissible expense to be charged under Regulation 52(4).AMC Fee:In terms of the Investment Management Agreement and the Regulations, the AMC is entitled to aninvestment management fee at 1.25% per annum of the average net assets for a corpus up to Rs.100 croreand at 1.00% per annum for the corpus amount in excess of Rs.100 crore.C. LOAD STRUCTURELoad is an amount which is paid by the investor to redeem the units from the scheme. This amount is usedby the AMC to pay commissions to the distributor and to take care of other marketing and sellingexpenses. Load amounts are variable and are subject to change from time to time. For the currentapplicable structure, please refer to the website of the AMC (www.idfcmf.com) or may call at (toll freeno.1-800-226622) or your distributor. There is no entry or exit load.Entry load & Exit load: NilTransaction chargesThe following transaction charge shall be payable to the ARN certified (KYD compliant) distributors formobilizing funds in the scheme for subscription value of Rs 10,000/- or more:i. For existing investors- The distributor may be paid Rs 100/- as transaction charge per subscription ofRs 10,000/- and above.ii. New investors – The distributor may be paid Rs 150/- as transaction charge for a first time investor inMutual Funds.iii. The transaction charge, to be deducted by the AMC from the subscription amount and paid to thedistributor; and the balance shall be invested.iv. No transaction charge on subscription below Rs 10,000/-v. No transaction charge shall be payable on transactions other than purchases/ subscriptions relating tonet inflows.vi. Distributors shall be able to choose to opt out of charging the transaction charge. However, the ‘optout’shall be at distributor level and not investor level i.e. a distributor shall not charge one investor andchoose not to charge another investor.40
V. RIGHTS OF UNITHOLDERSPlease refer to SAI for details.VI. PENALTIES, PENDING LITIGATION OR PROCEEDINGS, FINDINGS OFINSPECTIONS OR INVESTIGATIONS FOR WHICH ACTION MAY HAVE BEEN TAKENOR IS IN THE PROCESS OF BEING TAKEN BY ANY REGULATORY AUTHORITY1. Penalties and action(s) taken against foreign Sponsor(s) limited to the jurisdiction of the countrywhere the principal activities (in terms of income / revenue) of the Sponsor(s) are carried out orwhere the headquarters of the Sponsor(s) is situated. Also, top 10 monetary penalties of foreignsponsor(s) during the last three years.None2. In case of Indian Sponsor(s), details of all monetary penalties imposed and/ or action takenduring the last three years or pending with any financial regulatory body or governmentalauthority, against Sponsor(s) and/ or the AMC and/ or the Board of Trustees /Trustee Company;for irregularities or for violations in the financial services sector, or for defaults with respect toshare holders or debenture holders and depositors, or for economic offences, or for violation ofsecurities law. Details of settlement, if any, arrived at with the aforesaid authorities during thelast three years shall also be disclosed.The National Securities Clearing Corporation Ltd. informed that IDFC Enterprise EquityFund had an open interest in stock futures segment in one of the securities where theexposure quantity which was in excess of 1% of the free float market capitalization (interms of shares) and that the exposure was also in excess of 5% of open interest (in termsof number of shares) in all futures and option contracts in the underlying security. Inaccordance with the NSCCL circular dated June 17, 2003, the MF was levied a penalty ofRs. 1 Lakh.3. Details of all enforcement actions(Including the details of violation, if any) taken by SEBI in thelast three years and/ or pending with SEBI for the violation of SEBI Act, 1992 and Rules andRegulations framed there under including debarment and/ or suspension and/ or cancellationand/ or imposition of monetary penalty/adjudication/enquiry proceedings, if any, to which theSponsor(s) and/ or the AMC and/ or the Board of Trustees /Trustee Company and/ or any of thedirectors and/ or key personnel (especially the fund managers) of the AMC and Trustee Companywere/ are a party.None4. Any pending material civil or criminal litigation incidental to the business of the Mutual Fund towhich the Sponsor(s) and/ or the AMC and/ or the Board of Trustees /Trustee Company and/ orany of the directors and/ or key personnel are a party.None5. Any deficiency in the systems and operations of the Sponsor(s) and/ or the AMC and/ or theBoard of Trustees/Trustee Company which SEBI has specifically advised to be disclosed in theSID, or notified by any other regulatory agency.The Clearing Corporation of India Limited, Mumbai imposed a penalty on the AMCunder CCIL’s Bye – Laws, Rules & Regulation on account of short fall in CCIL securities41
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Page 7 and 8: also be no tax deduction at source
Page 9 and 10: C. SPECIAL CONSIDERATIONS, if anyAl
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Page 15 and 16: The money markets in India essentia
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Page 19 and 20: trust or fee and expenses payable o
Page 21 and 22: shall not borrow more than 20% of t
Page 23 and 24: AllotmentFull allotment will be mad
Page 25 and 26: Where can you submit the filled up
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Page 29 and 30: iv) For any negligence / mistake or
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Page 43 and 44: REGISTRAR:Computer Age Management S
Page 45 and 46: AmritsarAnandAsansolAurangabadBelga
Page 47 and 48: RaipurRajahmundryRajkotRanchiC-24,S
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Page 51 and 52: MogaAgartalaGroundFloorAdjoining TA
Page 53: ThiruvallaAlleppeyCentralTower, Abo

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

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