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

its agents, as may be necessary for the purpose of effectingpayments to the investor. Further, the Mutual Fund maydisclose details of the investor's account and transactionsthereunder to any Regulatory / Statutory entities as per theprovisions of law.Mutual funds and securities investments are subject tomarket risks and there can be no assurance or guaranteethat the Scheme’s objective will be achieved. Investorsshould study this Scheme Information Document and theStatement of Additional Information carefully in its entiretybefore investing. In terms of the Prevention of Money Laundering Act, 2002,the Rules issued there under and the guidelines/circularsissued by SEBI regarding the Anti Money Laundering (AMLLaws), all intermediaries, including Mutual Funds, have toformulate and implement a client identification programme,verify and maintain the record of identify and address(es)of investors.If after due diligence, the AMC believes that any transactionis suspicious in nature as regards money laundering, failureto provide required documentation, information, etc. theAMC shall have absolute discretion to report such suspicioustransactions to FIU-IND and / or to freeze the folios of theinvestor(s), reject any application(s) / allotment of Unitsand effect mandatory redemption of Unit holdings of theinvestor(s) at the applicable NAV subject to payment of exitload, if any.D. DEFINITIONSIn this Scheme Information Document, the following words and expressions shall have the meaning specified herein, unless thecontext otherwise requires:“AMC” or “Asset ManagementCompany” or “Investment Manager”“Applicable NAV”"ARN Holder"/"AMFIregistered Distributors"“Beneficial owner““Business Day”“Business Hours”“Consolidated Account Statement”“Custodian”“Depository”"Depository Participant""Depository Records"HDFC Asset Management Company Limited, incorporated under theprovisions of the Companies Act, 1956 and approved by the Securities andExchange Board of India to act as the Asset Management Company for thescheme(s) of HDFC Mutual Fund.The NAV applicable for purchase or redemption or switching, based on the timeof the Business Day on which the application is accepted.Intermediary registered with Association of Mutual Funds in India (AMFI) to carryout the business of selling and distribution of mutual fund units and having AMFIRegistration Number (ARN) allotted by AMFI.Beneficial owner as defined in the Depositories Act 1996 (22 of 1996) meansa person whose name is recorded as such with a depository.A day other than:(i) Saturday and Sunday;(ii) A day on which the banks in Mumbai and / RBI are closed for business /clearing;(iii) A day on which the National Stock Exchange of India Limited is closed;(iv) A day which is a public and /or bank holiday at a Investor Service Centrewhere the application is received;(v) A day on which Sale / Redemption / Switching of Units is suspended by theAMC;(vi) A day on which normal business cannot be transacted due to storms, floods,bandhs, strikes or such other events as the AMC may specify from time totime;The AMC reserves the right to declare any day as a Business Day or otherwiseat any or all Investor Service Centres.Presently 9.30 a.m. to 5.30 p.m. on any Business Day or such other time as maybe applicable from time to time.Consolidated Account Statement is a statement containing details relating to allthe transactions across all mutual funds viz. purchase, redemption, switch, dividendpayout, dividend reinvestment, systematic investment plan, systematic withdrawalplan, systematic transfer plan and bonus transactions, etc.A person who has been granted a certificate of registration to carry on thebusiness of custodian of securities under the Securities and Exchange Board ofIndia (Custodian of Securities) Regulations, 1996, which for the time being isHDFC Bank Limited, Mumbai.Depository as defined in the Depositories Act, 1996 (22 of 1996) and includesNational Securities Depository Ltd (NSDL) and Central Depository Services Ltd(CDSL).'Depository Participant' means a person registered as such under subsection (1A)of section 12 of the Securities and Exchange Board of India Act, 1992.Depository Records as defined in the Depositories Act, 1996 (22 of 1996) includesthe records maintained in the form of books or stored in a computer or in suchother form as may be determined by the said Act from time to time.9