HDFC Fixed Maturity Plans - Series XIX - Securities and Exchange ...

AllotmentAll Applicants whose cheques towards purchase of Units haverealised will receive a full and firm allotment of Units, providedalso the applications are complete in all respects and arefound to be in order.For applicants applying through 'APPLICATIONS SUPPORTEDBY BLOCKED AMOUNT (ASBA)', on allotment, the amountwill be unblocked in their respective bank accounts and accountwill be debited only to the extent required to pay for allotmentof Units applied in the application form.The AMC shall allot units within 5 Business Days from the dateof closure of the NFO period.The Trustee retains the sole and absolute discretion to rejectany application.Applicants under each of the respective Plan(s) offered underthe Scheme will have an option to hold the Units either inphysical form (i.e. account statement) or in dematerializedform.DematerializationThe Applicants intending to hold the Units in dematerializedmode will be required to have a beneficiary account with aDepository Participant of the NSDL/CDSL and will be requiredto mention in the application form DP's Name, DP ID No. andBeneficiary Account No. with the DP at the time of purchasingUnits during the NFO of the respective Plan(s). The Unitsallotted will be credited to the DP account of the Unit holderas per the details provided in the application form. The statementof holding of the beneficiary account holder for units held indemat will be sent by the respective DPs periodically.It may be noted that trading and settlement in the Unitsof respective Plan(s) over the stock exchange(s) (wherethe Units are listed) will be permitted only in electronicform.If the Unit holder desires to hold the Units in a Dematerialized/ Rematerialized form at a later date, the request for conversionof units held in Account Statement (non demat) form intoDemat (electronic) form or vice versa should be submittedalongwith a Demat/Remat Request Form to their DepositoryParticipants.However, the Trustee / AMC reserves the right to change thedematerialization / rematerialization process in accordancewith the procedural requirements laid down by the Depositories,viz. NSDL/ CDSL and/or in accordance with the provisions laidunder the Depositories Act, 1996.Normally no Unit certificates will be issued. However, if theapplicant so desires, the AMC shall issue a non-transferableUnit certificate to the applicant within 5 Business Days of thereceipt of request for the certificate. Unit certificate if issuedmust be duly discharged by the Unit holder(s) and surrenderedalongwith the request for Redemption / Switch or any othertransaction of Units covered therein.All Units will rank pari passu, among Units within the sameOption in the Scheme concerned as to assets, earnings andthe receipt of dividend distributions, if any, as may be declaredby the Trustee.Allotment Confirmation / Consolidated Account Statement(CAS):An allotment confirmation specifying the units allotted shall besent by way of email and/or SMS within 5 Business Days of theclosure of the NFO Period to the Unit holder's registered e-mailaddress and/or mobile number. A Consolidated Account24