Sahara mutual fund common application form with kim

SAHARA MUTUAL FUND Registered and Corporate Office:
97-98, 9th Floor, Atlanta, Nariman Point,
Key Information Memorandum and Common Application Form Mumbai – 400 021, India.

CONTINUOUS OFFER OF UNITS AT NAV - BASED PRICES
This Key Information Memorandum (KIM) sets forth the information, which a prospective investor ought to know before investing. For further details of the scheme/Mutual
Fund, due diligence certificate by the AMC, key personnel, investors’ rights & services, risk factors, penalties & pending litigations, associate transactions etc. investors
should, before investment, refer to the Scheme Information Document available free of cost at any of the Investor Service Centres or distributors or from the website www.
saharamutual.com. The Scheme particulars have been prepared in accordance with Securities and Exchange Board of India (Mutual Funds) Regulations 1996, as amended
till date, and filed with Securities and Exchange Board of India (SEBI). The units being offered for public subscription have not been approved or disapproved by SEBI, nor
has SEBI certified the accuracy or adequacy of this KIM. Sponsor : Sahara India Financial Corporation Limited, Sahara India Bhawan, 1, Kapoorthala Complex, Lucknow
- 226 024, Uttar Pradesh, India. Investment Manager : Sahara Asset Management Company Private Limited, Regd. Office : 97/98, 9th Floor, Atlanta, Nariman Point,
Mumbai - 400 021, India. Corp. Office : 97-98, 9th Floor, Atlanta, Nariman Point, Nariman Point, Mumbai - 400 021, Maharashtra, India. Trustees : Board of Trustees

INVESTMENT OBJECTIVE
• Sahara Liquid Fund: The investment objective is to create a highly liquid portfolio of • Sahara Star Value Fund : The investment objective is to provide long term capital
good quality Debt as well as Money Market Instruments with a view to provide high appreciation by investing predominantly in equity / equity related instruments of
liquidity and reasonable returns to the Unit holders, while at all times emphasizing the select companies based on value parameters.
importance of capital preservation.
• Sahara R.E.A. L Fund : The investment objective would be to provide long term
• Sahara Income Fund: The primary objective of the scheme is to generate income capital gains by investing predominantly in equity / equity related instrument of
by investing in a portfolio of corporate and sovereign debt instruments and at the companies in the Retailing, Entertainment & Media, Auto & auto ancillaries and
same time provide continuous liquidity along with reasonable safety. Logistics sector
• Sahara Gilt Fund: The primary investment objective of the Scheme is to generate The schemes do not guarantee any returns and there is no assurance that the
resonable returns by investing in sovereign securities issued by the Central investment objectives of the schemes will be achieved.
Government and/or State Government and/or any security unconditionally guaranteed
by the Government of India.
Investment Strategy: Equity
• Sahara Classic Fund: The investment objective of the scheme is to generate The investment strategy of our schemes would be in line with the stated investment objectives
returns by investing mainly in debt and debt related instruments including money
of the respective schemes. The strategy that would be adopted for each scheme would
market instruments and also to invest a portion of the fund in equity and equity related
among other things lay importance to asset allocation strategies aimed at achieving effective
instruments to seek capital appreciation.
diversification, avoid style drift, reduce operating expenses while maintaining the overall
• Sahara Interval Fund Quarterly Plan Series I : The investment objective is to objective of optimizing returns with minimized risks. The above shall be observed keeping in
generate returns with low volatility through a portfolio of debt and money market mind overall investor interest
instruments with a provision to offer liquidity at periodic intervals.
Investment Strategy: Debt
• Sahara Short Term Bond Fund: The investment objective is to generate optimal
The investment strategy is built around the stated investment objectives of each scheme,
returns consistent with moderate levels of risk and liquidity by investing in debt
securities and money market securities. the applicable investment restrictions and to include dynamic changes in the macro factors.
The review is done on a regular basis so as to adjust it to the changing factors. High rated
• Sahara Tax Gain Fund: The basic objective of Sahara Tax Gain Fund is to provide instruments having adequate liquidity and proper diversification are important parameters to
immediate tax relief and long term growth of capital to investors. manage the portfolios. Comparison with benchmark, analysis of investors profile and regular
review of portfolio returns forms an integral part of the investment strategy.
• Sahara Growth Fund: The investment objective of the Scheme is to achieve capital
appreciation by investing in equity and equity-related instruments. Risk Mitigation factors:
• Sahara Mid-Cap Fund: An open-ended Growth Fund with an objective to achieve Risk management is a key feature in fund management and schemes of Sahara Mutual
long term capital growth at medium level of risks by investing primarily in mid–cap Fund adhere to various internal and external guidelines (SEBI) stipulated under the risk
stocks. management aspect of fund management. Risk Mitigation involves minimizing the risks while
the schemes earn optimal returns for investors. The various risk mitigation measure adopted
• Sahara Wealth Plus Fund: The primary objective of the scheme would be to invest in
equity and equity related instruments of companies that would be wealth builders in the by our schemes include strict adhering to restrictions on investment in a specific security
long term. following prudent norms on diversification, setting restrictions on investing in unlisted equity
shares, avoiding undue concentration of exposure. In the case of Debt funds, besides the
• Sahara Infrastructure Fund: The investment objective would be to provide income above, the endeavor is always to invest in high rated debt instruments, so as to minimize the
distribution and / or medium to long term capital gains by investing in equity / equity default risk. The focus is to have high liquidity in the portfolio, consistent with the objective of
related instrument of companies mainly in the infrastructure sector. each fund, so as to reduce / eliminate the cost of illiquidity.
• Sahara Power & Natural Resources Fund: The investment objective is to generate PLANS & OPTIONS
long term capital appreciation through investment in equities and equity related securities
of companies engaged in the business of generation, transmission, distribution of Power 1. Sahara Liquid Fund: a) Fixed Pricing • Dividend RI - Daily/Weekly/Monthly • Growth
or in those companies that are engaged directly or indirectly in any activity associated b) Variable Pricing • Dividend RI - Daily/Weekly/Monthly • Growth
in the power sector or principally engaged in discovery, development, production, 2. Sahara Income Fund, Sahara Gilt Fund, Sahara Growth Fund, Sahara Classic Fund,
processing or distribution of natural resources. Sahara Power & Natural Resources Fund, Sahara Banking & Financial Services
Fund, Sahara Tax Gain Fund, Sahara Super 20 Fund. Sahara Star Value Fund,
• Sahara Banking & Financial Services Fund: The investment objective would be
Sahara R.E.A. L Fund, Sahara Interval Fund Quarterly Plan Series I : a) Dividend Payout
to provide long term capital appreciation through investment in equities and equities
& Reinvestment b) Growth
related securities of companies whose business comprise of Banking / Financial
services, either whole or in part. 3. Sahara Mid-Cap Fund : a) Dividend Payout & Reinvestment b) Growth c) Growth Auto
earnings Payout d) Bonus
• Sahara Super 20 Fund: The investment objective would be to provide long term
capital appreciation by investing in predominantly equity and equity related securities 4. Sahara Wealth Plus Fund and Sahara Infrastructure Fund : a) Fixed Pricing Option
of around 20 companies selected out of the top 100 largest market capitalization 1) Dividend : Payout / Dividend Reinvestment 2) Growth Option, b) Variable Pricing
companies, at the point of investment. Option 1) Dividend : Payout / Dividend Reinvestment 2) Growth Option.
5. Sahara Short Term Bond Fund: a) Dividend Reinvestment Option b) Growth Option

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ASSET ALLOCATION PATTERN OF THE SCHEME DESPATCH OF REPURCHASE (REDEMPTION) REQUEST
Scheme Types of Instruments % of Net As per SEBI regulations the redemptions cheques have to be dispatched within 10 working
Assets* days of the receipt of the redemption request at the authorised centre of the Sahara Mutual
Fund.
Sahara Liquid Fund • Debt instruments (Incl. Sec. Debt) 0-75% BENCHMARK INDEX
• Money Market Instruments 25-100%
Schemes Benchmark
Sahara Income Fund • Debt instruments (Incl. Sec. Debt) 0-100% Sahara Liquid Fund CRISIL Liquid Fund Index
• Money Market Instruments 0-100% Sahara Income Fund CRISIL Composite Bond Fund Index
Sahara Gilt Fund I-Sec Composite Index
Sahara Gilt Fund • Central / State Govt. Securities 0-100% Sahara Classic Fund CRISIL MIP Blended Index
Sahara Classic Fund • Debt and Money Market Instruments 70-100% Sahara Interval Fund CRISIL Short Term Bond Index
• Equity and Equity related instruments 0-30% Sahara Short Term Bond Fund CRISIL Liquid Fund Index
Sahara Tax Gain Fund BSE 200
Sahara Interval Fund • Money Market Instruments 0-100% Sahara Growth Fund / Infrastructure Fund S & P CNX Nifty
Quarterly Plan • Government Securities issued by 0-100% Sahara Mid-Cap Fund / Wealth Plus Fund CNX Midcap / S & P CNX 500
Series I Central &/or State Government & other Sahara Power & Natural Resources Fund CNX Nifty
fixed income / debt securities including Sahara Banking & Financial Services Fund CNX Bank Index
but not limited to corporate bonds Sahara Super 20 Fund CNX Nifty
and securitized debt.*
Sahara Star Value Fund BSE 200
Sahara Short Term • Debt Instruments including Government 0-100% Sahara R.E.A.L Fund S & P CNX NIFTY
Bond Fund Securities, Corporate Debt, Other debt NAME OF FUND MANAGER
instruments and Money Market Schemes Name
Instruments with average maturity less Sahara Liquid Fund, Sahara Income Fund, Sahara Gilt Fund,
than equal to 12 months Sahara Short Term Bond Fund, Sahara Interval Fund Ashwini Kumar
• Debt Instruments including Government 0-50% Sahara Growth Fund, Sahara Mid Cap Fund, A. N. Sridhar
Securities, Corporate Debt and other Sahara Wealth Plus Fund, Sahara Infrastructure Fund,
debt Instruments with average maturity Sahara Tax Gain Fund, Sahara Power & Natural
greater than 12 months Resources Fund, Sahara Banking & Financial
Services Fund, Sahara Super 20 Fund,
Sahara Tax Gain Fund • Equity and Equity related instruments 85-100% Sahara Star Value Fund, Sahara R.E.A. L Fund
• Debt and Money Market Instruments 0-15% Sahara Classic Fund Ashwini Kumar
A. N. Sridhar
Sahara Growth Fund • Equity and Equity related instruments 80-100%
• Debt and Money Market Instruments 0-20% MINIMUM APPLICATION AMOUNT / NUMBER OF UNITS
Schemes Minimum Application Amount (Rs.) Repurchase (Rs.)
Sahara Mid Cap Fund • Equity and Equity related instruments 65-100% Sahara Liquid Fund 10000/- & additional amt. of 5000/- & Multiples of 1000/-
• Debt and Money Market Instruments 0-35% multiples of Rs. 1/-
Sahara Income Fund 3000/- & additional amt. of 1000/- & Multiples of Rs. 1/-
Sahara Wealth Plus Fund • Equity and Equity related instruments 70-100%
multiples of Rs. 1/-
• Debt and Money Market Instruments 0-30%
Sahara Gilt Fund 5000/- & additional amt. of 1000/- & Multiples of Rs. 1/-
(Including Securitised Debt)
multiples of Rs. 1/-
Sahara Infrastructure Fund • Equity and Equity related instruments 70-100% Sahara Classic Fund 1000/- under Growth Opt. and 5000/- Multiples of Rs. 1/-
• Debt and Money Market Instruments 0-30% under Dividend Opt. and
additional amount of 1000/-
(Including Securitised Debt) 0-20%
Sahara Interval Fund Rs.5000/- and in multiples of Rs.1000/-
Sahara Power & Natural Rs.1/- thereafter.
Resources Fund • Equity and Equity related instruments 65-100% Sahara Short Term Rs.5000/- and in multiples of Rs.1/- Rs.5000/-
• Debt and Money Market Instruments 0-35% Bond Fund thereafter
(Including Securitized Debt) Sahara Tax Gain Fund 500/- & additional amount in
multiples of 500/- Multiples of Rs. 1/-
Sahara Banking & Sahara Growth Fund 3000/- & additional amt. of 500/- & Multiples of Rs. 1/-
Financial Services Fund • Equity and Equity related instruments 75-100% multiples of Rs. 1/-
• Debt and Money Market Instruments 0-25% Sahara Mid-Cap Fund 1000/- & additional amount of 500/- & Minimum of 1000/-
(Including Securitized Debt) multiples of Rs. 1/-
Sahara Wealth Plus 1000/- & additional amount of 500/- & Multiples of Rs. 1/-
Sahara Super 20 Fund • Equity and Equity related Instruments 65-100% Fund multiples of Rs. 1/-
• Debt and Money Market Instruments 0-35% Sahara Infrastructure 1000/- under Growth Opt. and 5000/- Rs. 500/- & in
(Including Securitized Debt) Fund under Dividend Opt. and additional multiples of Rs. 1/-
amount of 500/- and in multiples of Rs.1/-
Sahara Star Value Fund • Equity and Equity related Instruments 65-100% Sahara Power & Rs.5000/- and in multiples of Rs.1/- Rs.1000/-
• Debt and Money Market Instruments 0-35% Natural Resources Fund thereafter
(Including Securitized Debt) Sahara Banking & Rs.5000/- and in multiples of Rs.1/- Rs.1000/-
Financial Services Fund thereafter
Sahara R.E.A.L Fund * Equity and equity related instruments 65-100% Sahara Super 20 Fund Rs.5000/- and in multiples of Rs.1000/-
Debt & Money Market Instruments 0-35% Rs.1/- thereafter.
Rated securitized debt 0-20% Sahara Star Value Fund Rs.5000/- and in multiples of Rs.1000/-
(Including Securitized Debt) Rs.1/- thereafter.
*The normal asset allocation shown above is indicative and may be altered
Sahara R.E.A.L Fund Rs.5000/- and in multiples of Rs.1/- Rs.1000/- & in
from time to time on defensive considerations. thereafter. multiples of Rs.1/-

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Performance of schemes as on 31/03/2011

EQUITy SCHEMES 1 yr 3 yr 5 yr Since inception Folios AUM (Rs. In lakhs)

Sahara Tax Gain Fund 12.70 14.10 12.96 27.33 7241 1121.32

BSE 200 8.15 7.17 10.98 15.98

Sahara Growth Fund 5.40 8.98 13.58 27.59 2993 1226.58

CNX Nifty 11.14 7.21 11.38 22.64

Sahara Midcap Fund 7.33 11.52 10.89 18.88 6889 1304.98

CNX Midcap 4.35 8.81 10.92 17.18

Sahara Wealth Plus Fund 7507 1273.41
Variable Pricing Option 14.02 8.55 9.18 14.65
Fixed Pricing Option 13.05 7.71 8.38 13.83

CNX 500 7.26 6.54 9.71 17.78

Sahara Infrastructure Fund 5969 891.85
Variable Pricing Option (8.63) 1.93 - 9.07
Fixed Pricing Option (9.41) 1.14 - 8.28

CNX Nifty 11.14 7.21 - 10.94

Sahara Power & Natural Resources Fund (1.59) - - 8.29 2413 450.71

CNX Nifty 11.14 - - 8.45

Sahara Banking & Financial Services Fund 25.13 - - 56.97 6146 2433.80

CNX Bank Nifty 23.74 - - 29.02

Sahara Super 20 Fund 4.51 - - 8.25 969 143.29

CNX Nifty 11.14 - - 14.72

Sahara Star Value Fund (1.22) - - 6.37 895 167.37

BSE 200 8.15 - - 12.52

Sahara R.E.A.L Fund 0.30 0.13 - (7.07) 3830 645.86

S & P CNX NIFTY 11.14 7.21 - 0.71

DEBT SCHEMES 1 yr 3 yr 5 yr Since inception Folios AUM (Rs. In lakhs)

Sahara Liquid Fund
Variable Pricing Option 6.682 7.138 7.307 7.200 316 5680.21
Fixed Pricing Option 6.668 3.036 7.158 6.510

CRISIL Liquid Fund Index 6.208 6.215 6.507 NA

Sahara Income Fund 6.617 9.674 8.958 7.169 309 2534.51

CRISIL Composite Bond Fund Index 5.062 5.938 5.944 NA

Sahara Gilt Fund 5.225 8.809 8.096 6.145 31 8.91

I Sec Comp Gilt Index 6.407 7.829 7.646 NA

Sahara Classic Fund 6.508 10.028 - 10.090 89 19.64

MIP Blended Index 6.166 6.825 - 5.911

Sahara Short Term Bond Fund 6.678 - - 6.492 91 70.47

CRISIL Liquid Fund Index 6.208 - - 4.792

Sahara Interval Fund 6.429 - - 5.120 75 25.07

CRISIL Short Term Bond Index 7.198 - - 7.228

NA *** base date of Index 31.3.2002

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ABSOLUTE RETURNS OF THE SCHEMES FOR EACH FINANCIAL yEAR

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EXPENSES OF THE SCHEME For Sahara Wealth Plus Fund & Sahara Infrastructure Fund
Sahara Liquid Fund Initial Offer Period Continuous Offer Variable Pricing Option : Concept - The scheme offers two options which differ only in
(i) Load Structure The initial issue expenses was borne the manner in which AMC fees is charged to each. While the normal Fixed Pricing Option
by the AMC. continues with the industry practice of charging complete AMC fees on a daily basis,
There was no Entry / Exit Load under the Variable Pricing Option, the AMC fee charged changes based on the schemes
Exit load : Nil performance on a daily basis. IMA fees = Maximum Permissible Expenses - Third Party
during NFO
(ii) Recurring expenses: Sahara Liquid Fund - 0.25% Expenses (IMA fees: maximum permissible fees as per SEBI regulations for equity schemes)
a) Fixed Pricing Option - As applicable for debt schemes as per SEBI. The two (2) conditions being considered for charging IMA fees are : (i) Net Portfolio
Return (NPR) > Benchmark Return (ii) Net Portfolio Return (NPR) > 0 Where Net Portfolio
b) Variable Pricing Option: Concept: The scheme offers two options which differ only in
Return(NPR) = Gross Portfolio Return(GPR) - Third Party expenses (a) If NPR < Benchmark
the manner in which AMC fees is charged to each. While the normal Fixed Pricing Option
and NPR < 0 - IMA fees = zero (b) if either NPR > Benchmark or NPR > 0 - Actual IMA
continues with the industry practice of charging complete AMC fees on a daily basis,
fees = ½ of maximum permissible IMA fees (c) if both NPR > Benchmark and NPR > 0
under the Variable Pricing Option, the AMC fee charged changes based on the schemes
Actual IMA fees = maximum permissible IMA fees (IMA= Investment Management and
performance on a daily basis.
Advisory fees.) Following are two illustrations to explain the Variable Pricing Option. (1)
Considering : Reference Point (RP) (MIBOR) : 5.10% Assume that the Benchmark return = 0.20% (a) If NPR is (0.05)% i.e NPR < Benchmark
Where NPR < RP Where Where Where Where NPR > and NPR < 0 - IMA fees = zero (b) If NPR is 0.15% i.e NPR < Benchmark but NPR >
( i.e when NPR is NPR = NPR > NPR > RP plus 10% of 0 - Actual IMA fees = ½ of maximum permissible IMA fees (c) If NPR is 0.30% i.e NPR >
negative) (i) RP (ii) RP (iii) RP (iv) RP (v) Benchmark and NPR > 0 - Actual IMA fees = maximum permissible IMA fees (2) Assume
GPR 5.25 5.35 5.40 5.46 5.49 5.96 6.06 that the Benchmark return = (0.05) % (a) If NPR is (0.08)% i.e NPR < Benchmark and NPR
Recurring exp. 0.25 0.25 0.25 0.25 0.25 0.25 0.25 < 0 - IMA fees = zero (b) If NPR is (0.03) % i.e NPR > Benchmark and NPR < 0 Actual IMA
NPR 5.00 5.10 5.15 5.21 5.24 5.71 5.81 fees = ½ of maximum permissible IMA fees (c) If NPR is 0.03 % i.e NPR > Benchmark and
IMA fees Nil Nil 0.05 0.11 0.14 0.26* 0.27* NPR > 0 - Actual IMA fees = maximum permissible IMA fees (IMA= Investment Management
IR 5.00 5.10 5.10 5.11 5.14 5.60 5.69 and Advisory fees.)
GPR= Gross Portfolio Return NPR= Net Portfolio Return COMMON FEATURES FOR SCHEMES
IMA= Investment Management and Advisory Fees IR= Investor Return
* IMA fees = (0.25 plus additional IMA fees of 1 basis point would be charged for every 10 Risk Profile of the Scheme: Mutual Fund investments are subject to market risks. Please
basis points of out performance as mentioned above.) read the Scheme Information Document (SID) and Statement of Additional Information
As is evident from the above example, IMA fees will be chargeable to the extent of the out (SAI) carefully for details on risk factors, before investing.
performance or the maximum permissible, whichever is lower.
Note: (i) The above description of the variable pricing module is provided as an example • Applicable NAV (Sahara Liquid Fund): Purchase: i. Where the application is received
for the general benefit and understanding to the unit holders before arriving at a upto 2.00 p.m. on a business day and funds are available for utilization in the Bank
conclusive decision for investment and is subject to further revision in tune with account of Sahara Liquid Fund – the closing NAV of the day immediately preceding the
the investor needs and further transparency of the related concept. Please read day of receipt of application; ii. where the application is received after 2.00 p.m. on a
Scheme Information Document for further details. business day and funds are available for utilization in the Bank account of Sahara Liquid
Scheme Name Recurring expenses Load Structure Fund on the same day – the closing NAV of the day immediately preceding the next
Sahara Income Fund / First Rs.100 cr : 2.25%, Exit load : NIL business day; and iii. irrespective of the time of receipt of application, where the funds
Next Rs.300 cr : 2.00% are not available for utilization before the cut-off time in the Bank account of Sahara
Sahara Gilt Fund Next Rs.300 crores : 1.75%, Liquid Fund – the closing NAV of the day immediately preceding the day on which the
Balance : 1.50%
funds are available for utilization. Allotment of units in respect of purchase/switch-in under
Expense ratio: Sahara Income Fund 0.35%; Sahara Gilt Fund 0.35%.
Sahara Liquid Fund is subject to receipt of valid applications/ switch-in request, credit
Expense ratio: Sahara Growth Fund 2.50%; Sahara Tax Gain Fund 2.50%; Sahara Mid Cap of subscription/switch-in amounts in the bank account of Sahara Liquid Fund and funds
Fund 2.50%; Sahara Wealth Plus Fund 2.50%; Sahara Infrastructure Fund 2.50%; Sahara available for utilization before the cut-off timings as specified above. REPURCHASE: (a)
Star Value Fund 2.50%; Sahara Super 20 Fund 2.50%.; Sahara R.E.A.L Fund 2.50% where the application is received upto 3.00 pm – the closing NAV of the day immediately
Sahara Classic Fund: Entry load: Nil, Exit Load: Nil. preceding the next business day; and (b) where the application is received after 3.00
Expense ratio: 0.35% pm - the closing NAV of the next business day.
Sahara Short Term Bond Fund:
• Applicable NAV (other than Sahara Liquid Fund): PURCHASES: (a) where the
Entry Load : Nil, Exit Load : Nil
application is received upto 3.00 pm with a local cheque or demand draft payable at
Expense ratio: 0.35%
par at the place where it is received - closing NAV of the day of receipt of application;
Scheme Name Load Structure
(b) where the application is received after 3.00 pm with a local cheque or demand draft
Sahara Interval Fund (i) Entry Load: Not Applicable payable at par at the place where it is received - closing NAV of the next business
(ii) Exit load : Nil
day; and (c) where the application is received with an outstation cheque or demand
Recurring Expenses
First Rs. 100 Cr. : 2.25 % ; Next Rs. 300 Cr ; 1.75 % draft which is not payable on par at the place where it is received - closing NAV of day
Next Rs. 300 Cr. : 2.00 % Balance : 1.50 % on which the cheque or demand draft is credited. For Income/Debt oriented Mutual
Expense ratio: 0.35% Fund scheme(s)/plan(s) (other than liquid fund schemes): Allotments in respect of
purchases/switch-in in respect of the Income/Debt schemes for an amount equal to or
more than Rs.1 crore are subject to receipt of valid applications/ switch-in requests, credit
Sahara Tax Gain Fund / Sahara Growth Fund / Sahara Mid-Cap Fund / Sahara Wealth of entire subscription/ switch-in amount to the scheme bank accounts and availability of
Plus Fund / Sahara Infrastructure Fund / Sahara Power & Natural Resources Fund / funds in the aforesaid schemes for utilization before the cut-off timing of 3 p.m.
Sahara Banking and Financial Services Fund / Sahara Super 20 Fund / Sahara Star
REPURCHASES: (a) where the application received upto 3.00 pm - closing NAV of the
Value Fund / Sahara R.E.A.L Fund
day of receipt of application; & (b) an application received after 3.00 pm - closing NAV
Exit Load* Investment Under (SIP / STP) of the next business day.
1. Load Structure 1% - If redeemed on Exit Load: 1% if redeemed
or before 12 months on or before 1 year from • Switch and Sweep transactions: * In case of ‘Switch’ transactions from one scheme to
NIL - if redeemed after allotment date. another the allocation shall be in line with redemption payouts. ‘Switch in’ transactions
12 months. shall apply as if they were purchase transactions and ‘Switch out’ transactions as if they
2. Recurring expenses First Rs. 100 cr : 2.50%, Next Rs. 300 cr : 2.25% were repurchase transactions. ‘Sweep’ transactions shall apply as if they were purchase
Next Rs. 300 crores : 2.00%, Balance : 1.75% transactions and to ‘reverse sweep’ transactions shall apply as if they were repurchase
* There will be no Exit Load on Direct Applications. transactions.

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Dividend Policy: As disclosed in this Scheme Information Document, the Trustee For this purpose, an equity oriented fund is defined to mean:
proposes to adopt the following dividend distribution policy: Under the Dividend Option,
• a fund that invests at least 65 per cent of its investible funds in equity shares of
it is proposed to declare dividends at an appropriate time, subject to availability of
domestic companies
distributable profits, as computed in accordance with SEBI Regulations. Dividends, if
any, declared would be paid to those Unit holders whose names appear in the Register • which has been set up under a scheme of mutual fund.
of Unit holders on the Record Date. The actual date for declaration of dividend will be
notified by a suitable display at the Investor Service Centres. Unit holders are entitled to b. Income Distribution Tax: No income distribution tax is payable by the Fund, in
receive dividend within 30 days of the date of declaration of the dividend. The decision respect of schemes in the nature of open equity oriented fund, in terms of section
of the Trustees in this regard shall be final. 115R of the Act, which deals with tax on income distributable to unit holders of
mutual funds. The benefit of exemption from income distribution tax is extended
Name of the Trustee Company: Board of Trustees as Trustee to close ended equity oriented schemes. Further, the above definition of an equity
oriented fund would stand to mean a fund that invests at least 65 per cent of its
Waiver of Entry Load : Entry load for all existing open ended schemes of Sahara Mutual
investible funds in equity shares of domestic companies.
Fund is NIL w.e.f. 1st August, 2009, in line with SEBI circular.
c. Service Tax: The Mutual Fund is liable for payment of service tax (as per current
Tax treatment for the Investors (Unit holders): The information so stated is based
applicable tax rates) as recipient of services on Business Auxiliary Service provided
on the Mutual Funds understanding of the tax laws in force as of the date of this
by distributors of mutual funds/ agents.
Scheme Information Document, The information stated below is only for the purposes of
providing general information to the investors and is neither designed nor intended to be
(ii) TO THE UNIT HOLDERS
a substitute for professional tax advice. As the tax consequences are specific to each
investor and in view of the changing tax laws, each investor is advised to consult his or a. Tax on Income: In accordance with the provisions of section 10(35)(a) of the Act,
her or its own tax consultant with respect to the specific tax implications arising out of income received by all categories of unit holders in respect of units of the Fund will
his or her or its participation in the Scheme. be exempt from income-tax in their hands. Exemption from income tax under section
10(35) of the Act would, however, not apply to any income arising from the transfer
TAX BENEFIT FOR EQUITy ORIENTED SCHEMES
of these units.
(i) TO THE MUTUAL FUND
b. Tax on Capital Gains: As per the provisions of section 2(42A) of the Act, a unit of a
(A) The Fund is a Mutual Fund registered with the Securities and Exchange Board of India Mutual Fund, held by the investor as a capital asset, is considered to be a short-term
and hence, is eligible for the benefits of Section 10 (23D) of the Income-Tax Act, 1961. capital asset, if it is held for 12 months or less from the date of its acquisition by the
Accordingly, the entire income of the Fund is exempt from income tax. unit holder. Accordingly, if the unit is held for a period of more than 12 months, it is
treated as a long-term capital asset.
1. As per section 196(iv) of the Income-tax Act, the income received by the Fund is not
liable for deduction of tax at source under the provisions of Section 196 (iv), of the Act. c. Computation of Capital Gain: Capital gains on transfer of units will be computed
after taking into account the cost of their acquisition. While calculating long-term
2. On income distribution, if any, made by the Mutual Fund, additional income tax is not
capital gains, such cost will be indexed by using the cost inflation index notified by
payable under Section 115R of the Act, in the case of open ended equity oriented funds
the Government of India.
(i.e. where more than 65% of total proceeds of the mutual fund are invested in equity
shares of domestic companies as defined in Section 115T of the Act)
* Long-term Capital Gains
a. Securities Transaction Tax (STT)
As per Section 10(38) of the Act, long-term capital gains arising from the sale of unit of an
The Mutual Fund is liable to pay securities transaction tax (STT) at prescribed rates equity oriented fund entered into in a recognised stock exchange or sale of such unit of an
on the value of transactions of purchase or sale of specified securities. The rates of equity oriented fund to the mutual fund would be exempt from Income-tax, provided such
STT are: transaction of sale is chargeable to securities transaction tax.

Nature of transaction Payable by Value on which Existing tax However, companies would be required to include such long term capital gains in computing
tax shall be levied Rate (%) the book profits and minimum alternated tax liability under section 115JB of the Act.

Delivery based purchase Purchaser Value at which 0.125 * Short-term Capital Gains
transaction in equity shares shares / units are
or units of equity oriented bought As per Section 111A of the Act, short-term capital gains from the sale of unit of an equity
fund entered in a recognized
oriented fund entered into in a recognised stock exchange or sale of such unit of an equity
stock exchange
oriented fund to the mutual fund would be taxed at 15 per cent (plus applicable surcharge and
Delivery based sale Seller Value at which 0.125 Education Cess 3%), provided such transaction of sale is chargeable to securities transaction
transaction in equity shares shares / units are tax.
or units of equity oriented sold
fund entered in a recognized
* Capital Loss:
stock exchange

Non -Delivery based sale Seller Value at which 0.025 As per the provisions of section 94(7) of the Act, loss arising on transfer of units, which are
transaction in equity shares shares / units are acquired within a period of three months prior to the record date (date fixed by the Fund
or units of equity oriented sold for the purposes of entitlement of the unit holder to receive the income from units) and sold
fund entered in a recognized within a period of nine months after the record date, shall not be allowed to the extent of
stock exchange income distributed by the Fund in respect of such units. As per the provisions of section 94(8)
Transaction for Derivatives Seller Futures: Value at which 0.017 of the Act, where any units (original units) are acquired within a period of three months prior
entered in a recognized futures are traded to the record date (date fixed by the Fund for the purposes of entitlement of the unitholder to
stock exchange (Futures Options: Aggregate value of receive bonus units) and any bonus units are allotted (free of cost) based on the holding of
and options). strike price and premium. the original units, the loss, if any, on sale of the original units within a period of nine months
Sale of units of an equity Seller Value at which 0.25 after the record date, shall be ignored in the computation of the unit holder’s taxable income.
oriented fund to the Seller units are sold Such loss will however, be deemed to be the cost of acquisition of the bonus units.

7

Tax Deduction at source on capital gains: Value of taxable securities transaction in case of units shall be the price at which such
units are purchased or sold.
(i) No tax is required to be deducted at source on capital gains arising to any resident unit
holder. A deduction in respect of securities transaction tax paid is not permitted for the purpose of
computation of business income or capital gains.
(ii) Under section 195 of I T Act, tax shall be deducted at source in respect of capital gains as
under (A) In case of a non resident other than a company – (i) Long term capital gains on However, if the total income of an assessee includes any business income arising from
units of equity oriented funds : Nil; (ii) Long term capital gains on units of funds other than taxable securities transactions, he shall be entitled to a rebate (Section 88E of the Act) from
equity oriented funds – 20% plus surcharge (iii) short term capital gains on units of equity Income-tax of an amount equal to the securities transaction tax paid by him in respect of the
oriented fund – 15 % plus surcharge (iv) short term capital gains on units funds other than taxable securities transactions entered during the course of his business.
equity oriented funds : 30% plus surcharge (B) In case of a foreign company (i) Long term Wealth Tax
capital gains on units of equity oriented funds : Nil (ii) Long term capital gains on units of
funds other than equity oriented funds : 20% plus surcharge (iii) Short term capital gains on Units held under the Schemes of the Fund are not treated as assets within the meaning of
units of equity oriented funds : 15% plus surcharge (iv) Short term capital gains on units of section 2(ea) of the Wealth Tax Act, 1957 and therefore, not liable to Wealth-tax.
funds other than equity oriented funds : 40% plus surcharge. In all these said cases, tax
Gift Tax Act
deducted at source on short term and long term capital gains will be further increased by
the education cess % 3% on tax plus surcharge as per the Finance Act, 2008. The Gift Tax Act, 1958, has ceased to apply to gifts made on or after 1st October 1998. Gifts
of Units, purchased under the Plan, would therefore, be exempt from Gift-tax. Further subject
(iii) Under Section 196B of the Act, tax @ 10% plus surcharge and Education Cess @ 3%
to certain exceptions, gifts from persons exceeding Rs.25,000 are taxable as income in the
on tax plus surcharge as per the Finance Bill 2008 shall be deducted at source from
hands of donee on or after 1st Sept. 2004 pursuant to section 2(24)(xiii) of the Act read with
long term capital gains on units other than the units of equity oriented funds earned by
section 56(2)(v) of the Act.
Overseas Corporate Bodies.
TAX BENEFIT FOR DEBT ORIENTED SCHEMES
• Each Unit holder is advised to consult his / her or its own professional tax advisor
before claiming set off of long-term capital loss arising on sale / repurchase of units A. TO THE MUTUAL FUND
of an equity oriented fund referred to above, against long-term capital gains arising
on sale of other assets. 1. Sahara Mutual Fund is a Mutual Fund registered with SEBI and as such is eligible for benefits
under Section 10(23D) of the Act. Accordingly, its entire income is exempt from tax.
• Short-term capital loss suffered on sale / repurchase of units shall be available for
set off against both long-term and short-term capital gains arising on sale of other 2. Mutual Funds are required to pay distribution tax on income distributed by it at the rate
assets and balance short-term capital loss shall be carried forward for set off against of 14.163% (including 10% surcharge, 2% education cess and 1% secondary and higher
capital gains in subsequent years. education cess) in the case of distributions to Individuals and HUFs. An increased rate
of 22.66% (including 10% surcharge, 2% education cess and 1% secondary and higher
• Carry forward of losses is admissible maximum upto eight assessment years. education cess) is applicable for distributions made to persons other than an Individual
or a HUF.
Tax withholding on capital gains
3. The DDT rate for liquid funds is 28.325%.
Capital gains arising to a unit holder on repurchase of units by the Fund should attract tax
withholding as under: B. TO THE UNIT HOLDERS
• No tax needs to be withheld from capital gains arising to a FII on the basis of the 1. Income-Tax
provisions of section 196D of the Act.
• In case of non-resident unit holder who is a resident of a country with which India has All Unit holders: Income received in respect of units of a mutual fund, is exempt from tax
signed a double taxation avoidance agreement (which is in force) the tax should be under Section 10(35) of the Act. Exemption from Income Tax under section 10(35) of the
deducted at source under section 195 of the Act at the rate provided in the Finance Act Act shall however not apply to any income arising from the transfer of these units.
of the relevant year or the rate provided in the said agreement, whichever is beneficial to 2. Tax Deduction at Source on income distributed
such non-resident unit holder. However, such a non-resident unit holder will be required
to provide appropriate documents to the Fund, to be entitled to the beneficial rate All Unit holders
provided under such agreement.
In view of the exemption of income in the hands of the Unit holders, no Income-tax is
• No tax needs to be withheld from capital gains arising to a resident unit holder on the deductible at source, on income distribution by the Mutual Fund.
basis of the Circular No. 715 dated 8 August 1995 issued by the CBDT. Subject to the
above, the provisions relating to tax with holding in respect of gains arising from the sale Capital Gains Tax: As per the provisions of section 2(42A) of the Act, a unit of a Mutual
of units of the various schemes of the fund are as under: Fund, held by the investor as a capital asset, is considered to be a short-term capital
asset, if it is held for 12 months or less from the date of its acquisition by the unit holder.
• No tax is required is to be withheld from long term capital gains arising from sale of units
Accordingly, if the unit of a Mutual Fund is held for a period of more than 12 months, it
in equity oriented fund schemes, that are subject to securities transaction tax.
is treated as a long-term capital asset.
Securities Transaction Tax
Foreign Institutional Investors: Long-term capital gains arising on sale / repurchase
Nature of Transaction Existing Tax Rate of such units shall be taxed at the rate of 10 per cent under Section 115AD of the Act.
Delivery based purchase transaction in equity shares or 0.125 The said tax rate shall be increased by applicable surcharge of 10 per cent in case of
units of equity oriented fund entered in a recognized stock non-corporate Unit holders, where the total income exceeds Rs.10,00,000/- and 2.5 per
exchange cent surcharge in case of corporate Unit holders, where the total income exceeds
Delivery based sale transaction in equity shares or units of 0.125 Rs.10,000,000/-. Further, an additional surcharge of 3 per cent by way of education cess
equity oriented fund entered in a recognized stock exchange shall be charged on amount of tax inclusive of surcharge. Such gains shall be calculated
Non-Delivery based sale transaction in equity shares or 0.025 without inflation index and currency fluctuations.
units of equity oriented fund entered in a recognized stock
exchange Short-term Capital Gains arising on sale / repurchase of such units shall be taxed at 30
per cent. The said tax rate shall be increased by applicable surcharge of 10 per cent in
Sale of units of an equity oriented fund to the Mutual Fund 0.25
case of, non-corporate Unit holders, where the total income exceeds Rs.10,00,000/- and

8

2.5 per cent surcharge in case of corporate Unit holders where the total income exceeds Domestic Unit holders
Rs.10,000,000/-. Further, an additional surcharge of 3 per cent by way of education cess
No income-tax is deductible at source from income by way of capital gains under the
shall be charged on amount of tax inclusive of surcharge.
provisions of the Act and as per Circular no.715 dated August 8, 1995 issued by the CBDT.
However, in case of FII unit holder who is a resident of a country with which India has
Foreign Institutional Investors
signed a Double Taxation Avoidance Agreement (which is in force) income tax is payable
at the rate provided in the Act or the rate provided in the said agreement, whichever is Under Section 196D of the Act, no deduction shall be made from any income by way of
more beneficial to such FII unit holder. capital gains, in respect of transfer of units referred to in Section 115AD of the Act.

Other Unit holders Other Benefits: Investments in Units of the Mutual Fund will rank as an eligible form of
investment under Section 11 (5) of the Act read with Rule 17C of the Income-tax Rules,
Long-term Capital Gains: Long-term capital gains arising on sale / repurchase of such
1962, for Religious and Charitable Trusts.
units shall be chargeable under Section 112 of the Act, at concessional rate of tax, at
20 per cent. The said tax rate shall be increased by applicable surcharge of 10 per Gift Tax: The Gift Tax Act, 1958, has ceased to apply to gifts made on or after 1st
cent in case of individuals, HUF, association of person, body of individuals Unit holders, October 1998. Gifts of Units, purchased under the Plan, would therefore, be exempt from
where the total income exceeds Rs.10,00,000/-, and 10 per cent surcharge in case of gift-tax. Further subject to certain exceptions, gifts from persons exceeding Rs.25000/-
firm and corporate Unit holders (being resident) and 2.5 per cent surcharge in case of are taxable as income in the hands of donee on or after 1st September 2004 pursuant
firm and corporate Unit holders (being non-resident), where the total income exceeds to section 2(24) (xiii) of the Act read with section 56(2) (v) of the Act.
Rs.10,000,000/-. Further, an additional surcharge of 3 per cent by way of education cess
shall be charged on amount of tax inclusive of surcharge. The information stated below is only for the purposes of providing general information
to the investors and is neither designed nor intended to be a substitute for professional
The following amounts shall be deductible from the full value of consideration, to tax advice. In view, of the individual nature of the tax consequences and the changing
arrive at the amount of capital gains: tax laws, each investor is advised to consult his or her own tax consultant with respect
to the specific tax implications arising out of their participation in the Scheme.
Cost of acquisition of Units as adjusted by Cost Inflation Index notified by the Central
Government, and Expenditure incurred wholly and exclusively in connection with such Daily Net Asset Value (NAV) Publication
transfer.
The NAV will be declared on all business days & on all 365 days for Sahara Liquid Fund
However, where the tax payable on such long-term capital gains, computed before and will be published in 2 newspapers. NAV can also be viewed on www.saharamutual.com
indexation, exceeds 10 per cent, (as increased by the applicable surcharge and education and www.amfiindia.com
cess), of the amount of capital gains, such excess tax shall not be payable by the Unit
holder. For Investor Grievances please contact

In case of Individuals and HUF (being a resident), where taxable income as reduced by Registrar :
long-term capital gains arising on sale of units (other than unit of an equity oriented fund)
is upto / below the basic exemption limit, the long-term capital gains shall be reduced to Karvy Computershare Private Limited
the extent of the shortfall and only the balance long-term capital gains shall be subjected (Unit: Sahara Mutual Fund) 21, Avenue 4, Street No. 1,
to the flat rate of income-tax.
Banjara Hills, Hyderabad - 500 034. Tel: 040 - 44677112 / 040 - 44677122
3. Short-term capital gains: Short-term capital gains arising to a unit holder will be taxed E-mail: service_smf@karvy.com
at the normal rate applicable to that unit holder (assesse) as per the provisions of the
Act.
Sahara Mutual Fund,
4. Set off of Capital losses 97/98, 9th Floor, Atlanta,
All Unit Holders: The long-term capital loss suffered on sale / repurchase of units shall Nariman Point, Mumbai - 400 021.
be available for set off against long-term capital gains arising on sale of other assets and
Ph: 022-67520121-27 Fax : 022 - 66547855
balance unabsorbed long-term capital loss shall be carried forward for set off only against
long-term capital gains in subsequent years. E-mail: saharamutual@saharamutual.com
Website: www.saharamutual.com
Short-term capital loss suffered on sale / repurchase of units shall be available for set off
against both long-term and short-term capital gains arising on sale of other assets and
balance unabsorbed short-term capital loss shall be carried forward for set off against Unit holders’ Information
capital gains in subsequent years. Account statement (Would be as per SEBI guidelines), Annual financial results and Half
Such carry forward is admissible maximum upto eight assessment years. yearly portfolio disclosure shall be provided to investors by post/E-mail/Published as per

Each Unit holder is advised to consult his / her or its own professional tax advisor before regulations.
claiming set off of long-term capital loss arising on sale / repurchase of units of an equity
oriented fund referred to above, against long-term capital gains arising on sale of other Date : 24.04.2011
assets.

9

INSTRUCTIONS TO INVESTORS FOR FILLING UP THE APPLICATION FORM
1. Please read the Scheme Information Document / Statement of Additional are registered under the facility by specifying the same in the ‘Service Request Form in the
Information carefully before filling the Common Application Form. This application Statement of Account/Bank account Registration Form’. However, where a Unit Holder does
form is for Resident Investors/ NRIs etc and should be completed in English in BLOCK not specify the same, the default option would be to credit the redemption/dividend proceeds
LETERS only. Please tick () in the appropriate box (), where boxes have been to the bank account chosen as the preferred bank account. AMC/RTA shall adopt the same
provided. New investors who wish to enroll for Systematic Investment Plan, need to process of verification for above registration as is applicable for a change in bank mandate.
complete and submit both the relevant sections of the Common Application Form & the
SIP Registration Form. 6. KyC norms: In line with SEBI guidelines KyC is mandatory. W.e.f. January
1 , 2011 all individual Investors have to be KyC compliant, irrespective of
Application by Companies, Bodies Corporate, Registered Societies, Trusts, the amount of Investment. As Investments from Investors residing in Sikkim are
Partnerships Firms or others In case of an application under a Power of Attorney or by exempted from PAN, following documents are required to be submitted: a. Proof
a Limited Company / Body Corporate / Registered Society / Trust / Partnership Firm, the of address of Sikkim state and application form should mention the same address.
relevant Power of Attorney / the relevant resolution or authority to make the application b. Address proof shall be self attested by the investor / attested by the ARN holder
/ the Trust Deed / ASL / the partnership deed, as the case may be, or duly certified mentioning the ARN number or attested by any competent authority.
copy of the Memorandum and Articles of Association / Bye-Laws must be lodged at the
Investor Service Centre along with the application, quoting the details of the application. Systematic Investment Plans (SIPs) - The Systematic Investment Plans (SIPs) by an
All communication and payments shall be made to the first applicant or the Karta in case Investor where the aggregate of installment values does not exceed Rs.50,000/- per
of HUF. year (in a rolling year) shall be exempted from PAN requirement. However in lieu of
PAN. Investor has to submit any one photo identification document (such as Voter
Applications by NRIS, PIOs, FIIs etc. In terms of its notification RBI has granted a ID Card, government Defense ID Card, Card of reputed employer, Driving License,
general permission to mutual funds, as referred to under Section 10 (23D) of Income Tax Passport etc) and proof of address along with the application
Act, 1961 to issue and repurchase units of their schemes which are approved by SEBI
to NRIs/OCBs, subject to conditions. Further, the general permission is also granted to SySTEMATIC TRANSFER PLAN (STP):
send such units to NRIs/OCBs to their place of residence or location, as the case may
STP Type Days Frequency Minimum STP
be and make payment to the Non-Resident Investors, subject to conditions set out in
the aforesaid notification. Daily STP All Business days Daily Rs.100/- and in Multiples of Rs.1/-.

However, NRI/OCB investors, if so desired also have the option to make their investment Weekly STP 7th, 14th, 21st, 28th Weekly Rs.500/- and in Multiples of Rs.1/-.
on a non-repatriable basis. The fund will comply with the necessary regulatory provisions
for repatriation of the investment after the receipt of approval. All applications from OCBs Monthly STP 1st, 5th, 25th Monthly Minimum amount as provided under SIP
and from other corporate bodies predominantly owned by NRIs should be accompanied
Quarterly STP 1st, 5th, 25th Quarterly Minimum amount as provided under SIP
with the requisite OAC/OACI (revised) form.
The Daily / Weekly /Monthly or quarterly STP should be registered for minimum of 6 months
2. The Signature(s) should be in English or in any of the Indian languages specified in the
between two schemes. The application for STP should be submitted at least 10 Business
Eighth Schedule of the Constitution of India. Thumb Impressions must be attested by a
Days in advance before the commencement date of STP. No minimum balance has to be
Magistrate or a Notary Public or a Special Executive Magistrate under his/her official seal.
maintained for opting Systematic Transfer Plan.
Applications by minors should be signed by their guardian. In case of HUF, the KARTA
should sign on behalf of the HUF. Similarly, for the Association of Persons (AOP) the In case of STP, if the day is a non business day the processing will be done on the next
application must be signed by the Authorised Signatory. business day. Exit load, if any, under respective schemes will apply to STP.

3. The cheque/demand draft should be drawn in favour of e.g. “Sahara Liquid Fund” or Minimum balance under the schemes: The AMC at its sole discretion retains the right to close
“Sahara Growth Fund” or “Sahara Classic Fund” or as the case may be and crossed unit holder's account if the total subscription amount falls below the minimum application
“Account Payee Only”. The Specified Transaction Period under Sahara Interval Fund amount of the respective schemes / plan / option at the end of the period under SIP or on
would be between 12 th and 16th day in the months of March, June, September, account of redemption
December each year. The cheque/demand draft should be payable locally at the centre
where the Application is deposited. The cheque/demand draft should be drawn on any bank 7. Application without KyC / Bank account details will not be accepted.
which is a member/sub-member of the Bankers Clearing House of that city.
8. NRIs / Persons of Indian origin seeking to apply for Units on a non-repatriation basis may
4. Investors are requested to mentioned the correct scheme name, option / sub-option in make payments by cheques /drafts drawn out of Non-Resident Ordinary (NRO) accounts
the application form. If such a choice is not being indicated by the investor, it will be deemed payable at the centre where the application form is accepted.
that the investor has opted for Dividend Re-investment option.
9. Payments by Cash, Stock Invests, Post-dated cheques or out station cheques will not be
5. As per SEBI guidelines, it is mandatory for the first applicant to provide the name accepted.
of the bank, branch, address, account type and account number at the time of
application. Investments by means of Demand Drafts, will be accepted, only if accompanied 10. Please refer to the table on scheme name, plan / Option / sub option for easy reference
with a Bankers Certificate that the applicant is a account holder with the issuing banker while filling up the scheme details at the time of investment.
and the amount of Demand Draft has been issued from his / her account. An investor can
11. Applicants should specify the mode of holding. In case of joint holders, the first named holder
register up to five bank accounts for a folio with the Fund to receive the redemption/dividend
will receive all the account statements, income/redemption/refund warrants and any other
proceeds choosing one of these accounts as the preferred bank account. Non-individuals
correspondence sent from time to time.
can register upto 10 different bank accounts for a folio. The Unit Holder may choose to
receive the redemption/dividend proceeds in any of the bank accounts, the details of which 12. Nomination Details - Kindly fill up the nomination details in the application form.

10

a) Nomination will be maintained at the folio or account level and will be applicable for shall not be accepted for investments of Rs.50,000/- or more.
investments in all schemes in the folio or account.b) Where a folio has joint holders, all joint
d) If payment is made by RTGS, NEFT, ECS, bank transfer, etc., a copy of the instruction to
holders should sign the request for Nomination/cancellation of nomination, even if the mode
the bank stating the account number debited must accompany the purchase application.
of holding is not “joint”. c) Nomination form cannot be signed by Power of Attorney (PoA)
The AMC/R&TA shall check that the account number mentioned on the transfer Instruction
holders.d) Every new nomination for a folio/account will overwrite the existing nomination.e)
copy is a registered pay-in account or belonging to the first named applicant/ unit holder.
Nomination is be mandatory for new folios/accounts opened by individual especially with
sole holding and no new folios/accounts for individuals in single holding shall be opened
13a. Dematerialisation: Currently Units of Sahara Interval Fund are listed on the National Stock
without nomination.f) Investors who do not wish to nominate must sign separately confirming
Exchange. Investors are given an option to hold Units by way of an Account Statement
their non-intention to nominate.g) Nomination form/section in the application form will
(physical form) or in Dematerialized (demat) form. Unit holders opting to hold the Units
have a provision for the signature of the nominee (or guardian of the nominee), though this
in demat form must provide their Demat account details in the specified section of the
may not be mandatory. h) Nomination is not allowed in a folio held on behalf of a minor. i)
application form. Unit holders intending to hold the Units in Demat form are required to have
Non-individuals including society, trust, body corporate, partnership firm, Karta of Hindu
a beneficiary account with the Depository Participant (DP) registered with NSDL/CDSL and
Undivided Family, holder of Power of Attorney cannot nominate. j) A minor can be nominated
will be required to indicate in the application form, the DP’s name, DP ID number and the
and in that event, the name and address of the guardian of the minor nominee shall be
beneficiary account number of the Unit holder with the DP.
provided by the unit holder. k) The Nominee shall not be a trust, society, body corporate,
partnership firm, Karta of Hindu Undivided Family or a Power of Attorney holder. A non- In case Unit holders do not provide their Demat account details or provide incomplete details
resident Indian can be a Nominee subject to the exchange control regulations in force, from or the details do not match with the records as per Depository(ies), an account statement
time to time. l)Nomination in respect of the units stand rescinded upon the transfer of units. shall be sent to them. Such investors will not be able to trade on the stock exchange till the
m) Transfer of Units in favour of Nominee shall be valid discharge by the Asset Management holdings are converted in to Demat form. Unit holder who so desires to hold the Units in a
Company against the legal heir. n) The cancellation of nomination can be made only by demat form at a later date, will be required to have a beneficiary account with a DP of NSDL/
those individuals who have held units on their own behalf singly or jointly and who made the CDSL and will have to submit the account statement alongwith a request form asking for
original nomination. On cancellation of the nomination, the nomination shall stand rescinded the conversion into demat form. This request is called a Demat Request Form (DRF). Unit
and the Asset Management Company shall not be under any obligation to transfer the units holder will be required to fill in a DRF in triplicate alongwith the relevant details and submit
in favour of the Nominee. the same to the Registrar alongwith the account statement to be dematerialized. The
combination of names in the account statement must be same as that in the demat account.
13. Non Acceptance of Third Party Instrument : Definition of third-party instrument payment:
Rematerialization of Units will be in accordance with the provisions of SEBI (Depositories &
a) When payment is made through instruments issued from an account other than
Participants) Regulations, 1996 as may be amended from time.
that of the beneficiary investor, the same is referred to as Third-Party payment; b) It is
clarified that in case of payments from a joint bank account, the first holder of the mutual 14. Know your Customer (KyC): The Prevention of Money Laundering Act, 1992 and
fund folio has to be one of the joint holders of the bank account from which payment is circulars issued by SEBI on Anti Money Laundering Laws require Mutual Funds to
made. formulate and implement a client identification program. The Mutual Fund has entrusted
the responsibility of verification of KYC norms to CDSL Ventures Ltd. CDSL has
Exceptions:
appointed Points of Service (POS) to facilitate completion of KYC process for investors.
An application without acknowledgement of KYC will be rejected. Further details of
Third-Party payments shall be rejected except in the following exceptional situations but
KYC may kindly be obtained from the office of the AMC or at www.amfiindia.com or
adherence to certain formalities: a) Payment by Parents/Grand-Parents/related persons
www.cvlindia.com.
on behalf of a minor in consideration of natural love and affection or as gift for a value
not exceeding Rs.50,000/- (each regular purchase or per SIP installment); b) Payment
15. “On Behalf of Minor” Accounts : Where the account / folio (account) is opened on
by Employer on behalf of employee under Systematic Investment Plans through Payroll
behalf of a minor, following guidelines would be applicable
deductions; c) Custodian on behalf of an FII or a client.
a) There shall not be any joint accounts with minor as the first holder.
Process to identify Third-Party payments:
b) Date of birth of the minor along with photocopy of supporting documents shall be
The following process is recommended for investors to comply with the requirements as
mandatory while opening the account / at the time of application on behalf of minor as
stated below :
a proof of date of birth and as evidence of relationship of the natural guardian / court
appointed legal guardian to the minor: i) Birth certificate of the minor, or ii) School
a) An applicant/ investor at the time of his/her purchase must provide the details of his pay-in
leaving certificate / Mark sheet issued by Higher Secondary Board of respective states,
bank account (i.e. account from which a subscription payment is made) and his pay-out bank
ICSE, CBSE etc., or iii) Passport of the minor, or iv) Any other suitable proof evidencing
account (i.e. account into which redemption / dividend proceeds are to be paid). In case an
the date of birth of the minor/ relationship.
applicant/investor has multiple accounts, it is desired that he submits the bank details in the
“Multiple bank Accounts Registration Form”. Pay-in from such registered single or multiple
16. Minor Attaining Majority - Status Change : a) When the units are held on behalf of the
accounts can be treated as 1st party payments.
minor, the ownership of the units rests with the minor. A guardian operates the account
until the minor attains the age of majority. b) When a minor turns major, advance notice
b) If the subscription is settled with pre-funded instruments such as Pay Order, Demand Draft,
will be sent to the registered correspondence address advising the guardian and the
Banker’s cheque, etc., a Certificate from the Issuing banker must accompany the purchase
minor to submit an application form along with prescribed documents (service request
application, stating the Account holder’s name and the Account number which has been
form, new bank mandate, signature attestation form, KYC oof major etc.) as applicable
debited for issue of the instrument.
from time to time to change the status of the account to “major”. The notice would state
c) A pre-funded instrument issued by the Bank against Cash, should be accompanied by a that all transactions including SIP,STP, SWP shall be suspended in case the documents
certificate from the banker giving name, address and PAN (if available) of the person who to change the status are not received by the date when the minor attains majority. c) The
has requested for the demand draft. The name as per the letter should match with the first account shall be frozen for operation by the guardian on the day the minor attains the
named applicant/unit holder. Such DD/Bankers Cheque issued by the bank against cash age of majority and no transactions shall be permitted till the documents as applicable

11

for changing the status are received. d) The AMC at their discretion will have the right 19. SySTEMATIC INVESTMENT PLAN (SIP)
to suspend all standing instructions like SIPs, SWPs, STPs etc. from the date of the
minor attaining majority, by giving adequate notice prior to that date.e) AMC will register Scheme Name Monthly SIP Quarterly SIP
standing instructions like SIP,SWP,STP in a minor folio only till the date of the minor
Sahara Income Fund 6 post dated cheques for a 4 post dated cheques for a
attaining majority, though the instructions may be for a period beyond that date. minimum of Rs.500/- each minimum of Rs.750/- each

17. Change in Guardian : For registration of the new guardian, when there is a change Sahara Classic Fund 6 post dated cheques for a 4 post dated cheques for a
in guardian either due to mutual consent or demise of existing guardian, necessary minimum of Rs.1000/- each minimum of Rs.2000/- each
documents as applicable from time to time would be required to be submitted to the
AMC. Sahara Gilt Fund 5 post dated cheques for 4 post dated cheques for a
minimum of Rs.1000 each. minimum of Rs.1250/- each.
18. Transmission - For transmission of units under various situations which may be either
Sahara Liquid Fund 5 post dated cheques for 4 post dated cheques for a
transmission of units to surviving unit holders, transmission of units to the registered
minimum of Rs.2000 each. minimum of Rs.2500/- each.
nominee in case of death of sole or all unit holders, transmission of units to claimant/s,
where nominee is not registered, in case of death of sole or all unit holders, transmission Sahara Short Term Monthly : 5 post dated Quarterly : 4 post dated
of units in case of HUF, due to death of Karta or any such other circumstances, Bond Fund cheques for a minimum of cheques for a minimum of
necessary documents as prescribed and applicable from time to time would have been Rs.2000/ each Rs.2500/- each
submitted to the AMC.
Sahara Growth Fund, 1st cheque of Rs.1000/- 1st cheque of Rs.2000/-
Clarifications : Sahara Midcap Fund, along with minimum of along with minimum of 3 post
Sahara Wealth Plus Fund, 5 post dated cheques of dated cheques of minimum
 It is clarified that PAN card copy or another proof of identity of claimant /s is not Sahara Infrastructure Fund, minimum of of Rs.2000/- each
required separately if KYC acknowledgement issued by CVL is made available. Sahara Power & Natural Rs.1000/- each.
Resources Fund,
 Where the units are to be transmitted to a claimant who is a minor, various documents Sahara Banking &
like KYC, PAN, Bank details, indemnity should be of the guardian of the nominee. Financial Services Fund,
Sahara Super 20 Fund,
 A ready reckoner matrix of various documents required under different situations is Sahara Star Value Fund &
provided for convenience in the website www.saharamutual.com and also at the office Sahara R.E.A.L Fund
of the AMC / R&T.
Sahara Tax Gain Fund Minimum of Rs.500/- Minimum of Rs.500/- (and in
(and in multiples of Rs.500/- thereafter)
multiples of Rs.500/- thereafter) along with
along with 6 post-dated 4 post-dated cheques
cheques
 Accompanying documents

Please submit the following documents with your application (where applicable). All
20. (for brokers) - “Upfront commission shall be paid directly by the investor to the AMFI
documents should be original / true copies certified by a Director/Trustee/Company
registered Distributors based on the investors’ assessment of various factors including
Secretary/Authorised Signatory/Notary Public.
the service rendered by the distributor”.

Documents Companies Societies Partnership Investments Trusts NRI Flls 21. Applications complete in all respects, may be submitted at the Collection Centres at locations
Firms through POA
mentioned in the KIM/Application Form as appointed by the AMC.
Resolution/Authorisation
to invest
P P P P
22. No separate receipt will be issued for the application money. The Investor Service Centre
List of Authorised will time stamp and return the acknowledgement slip in the application form, to acknowledge
Signatories with
Specimen signature(s)
P P P P P P receipt of the application.
Memorandum & Articles 23. Applications incomplete in any respect or not accompanied by a cheque/demand draft for
of Association
P
the amount payable are liable to be rejected and the money paid will be refunded without
Trust Deed P interest.
Bye-laws P
Partnership Deed
24. The AMC would arrange to forward the statement of account, annual report or other investor
P
correspondence through email / physical as preferred by the investor in the application form.
Overseas Auditors’
Certificate P
25. Investors are cautioned that they should not determine their investments based
Notarised Power of on unauthorised news or rumours which may otherwise result into considerable
Attorney P damage to their portfolio.
Account Type/FIRC/
Approval from FIPB P 26. Application form/s not completed in any respect/s is liable to be rejected by the AMC.

Note : All future communication in connection with this application should be addressed to the Registrar at the address given above, quoting full name of First/Sole Applicant, the name of the Scheme, the
amount invested, date and the place of the Collection Centre / Investor Service Centre where application was lodged.
Registrar & Transfer Agent : KARVy COMPUTER SHARE PVT. LTD. (KARVy)
(Unit : Sahara Mutual Fund)
21, Avenue 4, Street No. 1, Banjara Hills, Hyderabad - 500034. Ph: 040 - 44677112 / 040 - 44677122  Email : service_smf@karvy.com

12

SAHARA MUTUAL FUND
COMMON APPLICATION FORM Serial No: CAF
DISTRIBUTOR INFORMATION FOR OFFICE USE ONLy
Name & Broker Code/ARN Sub-Agent/Broker Code Investor Service Center Date, Time and Number as per Time Stamping Machine
ARN - 74461
Upfront commission, if any will be paid by me/us to the AMFI registered and empanelled (with Sahara Mutual Fund) ARN Holder, directly.
1. EXISTING UNIT HOLDER’S INFORMATION Folio No. (Please proceed to section 3 & 5)
2. APPLICANT INFORMATION (To be filled in BLOCK letters. Use one box for one alphabet, leaving one box blank between name and surname)
Full Name of Sole / First Investor / Minor / Karta of HUF / Non Individual / (Mr. / Ms. / M/s.) Date of Birth (dd/mm/yyyy)

Document for proof of Date of Birth (DOB) and Relationship with Minor :  Birth certificate  School Leaving Certificate  Passport  Others (Please state)_____________________________________
Relationship with Minor [Pl. P] Mother Father Legal Guardian
Full Name of Guardian (in case of Minor) / Contact Person (In case of non-individual investors) / PoA Holder’s name (Mr./Ms.) Date of Birth (dd/mm/yyyy)

Second Applicant’s Name (Mr./Ms.) Date of Birth (dd/mm/yyyy)

Third Applicant’s Name (Mr./Ms.) Date of Birth (dd/mm/yyyy)

Address in full (DO NOT REPEAT NAME) of Applicant/Parent OR Guardian of Minor/Indian address in case 1st Applicant is NRI/FII (Post Box No. alone is not sufficient)

Dist. City Pin State:
STD Code Tel. Fax Mobile (10 Digit)
Email-ID Preferable mode of communication E-mail Yes No (Refer instruction no. 24)

Mode of Holding [Pl. P] 1. Single 2. Joint* 3. Either or Survivor/s (*Default in case not indicated when applicants are more than one)

MANDATORy FOR INVESTMENT By NRI(s)/FII(s) (Please provide full address, Post Box No. alone is not sufficient)
Overseas Address
City Country Pin/ZIP
Applicable to NRIs only : I / We confirm that I am / we are Non-Resident of Indian Nationality / Origin and I /we hereby confirm that the funds or subscription have been remitted from abroad through approved banking
channels or from funds in my / our Non-Resident External / Ordinary Account / FCNR Account. Please (P) Repatriation basis Non-Repatriation basis

3. MANDATORy DETAILS (Please Quote PAN for all applicants / KyC Ack.) (Refer Form instruction no. 6 & 7) Occupation of the 1st Applicant [Pl. P]
Applicant Permanent Account Number (PAN) KyC acknowledgement [Pl. P] 1. Business 2. Professional
Sole / First Applicant 3. Agriculturist 4. Private sector service
Submitting now Already submitted
/ Guardian / PoA
5. Retired 6. Student
Second Applicant Submitting now Already submitted 7. Housewife 8. Public / Govt. service
Third Applicant Submitting now Already submitted 9. Forex Dealer 10. Others (pl.specify)
__________
Status/Category of the 1st Applicant [Pl. P ] 1. Resident Individual 2. On behalf of minor 3. HUF 4. Body Corporate 5. AOP/BOI 6. Partnership Firm 7. Proprietorship Firm
8. Company Listed Unlisted 9. Trust 10. Society 11. NRI 12. FIIs 13. Government Body 14. Financial Institution 15. Banks 16. Others (pl.specify)_______

4. Bank Particulars (It is mandatory to furnish bank particulars failing which application shall be rejected) (Refer Form instruction no. 5)
Bank Account No. Account Type : Savings Current NRE NRO FCNR
MICR Code (9 digit) IFSC Code ( 11 digit for RTGS & NEFT)

Bank Name

Branch Address
City Pin

5. INVESTMENT AND PAyMENT DETAILS Please submit one cheque / DD for each scheme (REFER TABLE “SCHEME NAME”)
Scheme Name Plan / Option Sub Option

Cheque / DD No. Net Amount (Rs.) Bank & Branch Name & City Mode of Payment Account Type @
Cheque / DD  / RTGS  / NEFT  (SB/ CA/ NRE/ NRO/ FCNR)
ECS  / Fund Transfer 

Banker’s Certificate is mandatory for applications in case of Demand Drafts. (Ref. instr. no.5 ) @ For NRI(s) Source of Fund: NRE NRO FCNR

 
Sr. No: CAF
(To be filled by investor)

as Normal Investment / or through SIP / or through STP / or through Switches
ACKNOWLEDGEMENT

Received from Mr. / Ms. / M/s an application for purchase of units of
Collection Centre’s Receipt Date and Time
, (scheme) subject to realisation of cheque(s)/demand draft(s).
Rs. (in Figures)____________________________________Cheque/ DD No.__________________________ Dated___________
Bank Name Bank Branch Cheque/DD is subject to realisation
In case of Sahara Tax Gain Fund based on the production of this acknowledgement, the investor may claim tax exemption under Sec.80C of the IT Act till the statement
of account is issued provided the payment instrument is encashed and the application and other documents are found to be in order.
13

6. SIP ENROLMENT DETAILS - Selected SIP Date (please ( P ) only one) 5th / 15th / 25th No. of SIP Installments

SIP Amount (in Rs.) Enrolment Start Month End Month Frequency ( P ) Monthly Quarterly
............................... Period (mm/yyyy) (mm/yyyy)

Payment Mechanism ( P ) Option 1: Debit through ECS / Direct Debit facility (Tick this box and fill up SIP ECS / Direct Debit facility form) (Refer SIP instruction no. 19)

Option 2: Through Post Dated Cheques - Total Cheques Cheque Nos. from To

Drawn On Bank Branch Name City

7. NOMINATION DETAILS (MANDATORy FOR SINGLE HOLDING) (Refer instruction no. 12 of KIM) MANDATORy for Joint holders

I/We ________________________________________________________________________________________________________ hereby nominate the under mentioned We DO NOT WISH to nominate.
person to receive the amount to my/our credit in the event of my/our death indicated against the Name of the Nominee. I/We also understand that all payments and ( Applicable for Joint Holders
settlements made to such nominee shall be a valid discharge by the AMC / Mutual Fund / Trustee. who do not wish to nominate)

Name & Address of the Nominee Guardian Name & Address (in case nominee is a minor) Date of Birth Relationship Signature of Nominee /
(if minor) with the nominee Guardian [Optional]

8. SWITCHES (Please mention target folio No. if it is not the one mentioned overleaf) FOLIO NO.

or or [Pl. P] (Please note that switch can be done either in units or in amount only and not both.)
Amount Rs. No. of units Entire Balance
From Scheme Name Option
To Scheme Name Option

9. SySTEMATIC TRANSFER PLAN (STP) (Refer instruction no. 19 of KIM) STP Date (Monthly/Quarterly option) ( ( P ) only one) 1st 5th 25th
Fixed Amount (in Rs.) Enrolment Start Month End Month Frequency (P) Daily / Weekly / Monthly / Quarterly
Period (mm/yyyy) (mm/yyyy)

From Scheme Name Option To Scheme Name Option
10. DEPOSITORy ACCOUNT DETAILS ( Refer Instruction No. 13a)
Please provide details only if Units are intended to be held in demat form. Refer KIM instructions for details and risk factors associated with listing of units in the SID. Please ensure that the sequence of names as
mentioned in this Application Form matches with that of the account held with the Depository Participant.
Depository Name National Securities Depository Limited (NSDL) Central Depository Services (India) Limited (CDSL)
Please tick ()
Depository Participant
Name (DP)
DP ID I N
Beneficiary Account Number (16 digit beneficiary A/c No. to be mentioned above)

11. DECLARATION (Please  whichever is applicable.)
 I/We have read and understood the contents of the Scheme Information Document (SID)/ Statement of Additional Information (SAI) / Key Information Document (KIM) and Addendum(s) thereto of the
respective scheme(s) and agree to abide by the terms , conditions, rules and regulations of the scheme(s) as applicable from time to time. I/We hereby declare that I /We are making this investment of
the scheme for investment from our own funds on my/our personal behalf and are not beneficiaries of any fund obtained in contravention of Prevention of Money Laundering Act or any guidelines issued
from time to time and subsequent amendments thereto including the section on “Prevention of Money Laundering”, I/We hereby apply to the Trustee of Sahara Mutual Fund for units of the Scheme as
indicated above and agree to abide by the terms and conditions, rules and regulations of the Scheme. I/We have not received and will not receive nor will be induced by any rebate or gifts, directly or
indirectly, in making this investment. I/We further declare that the amount invested by me/us in the Scheme is derived through legitimate sources and is not held or designed for the purpose of contravention
of any act, rules, regulations or any statute or legislation or any other applicable laws or any notifications, directions issued by any governmental or statutory authority from time to time.
 (Applicable for SIP Investors only). I/We hereby declare that the particulars given above are correct and express my/our willingness to make payments referred above through participation in ECS
/Direct Debit Clearance. If the transaction is delayed or not effected at all, for reasons of incomplete or incorrect information on my/our part or circumstances beyond the control of AMC/its service
provider, I/We would not hold the Asset Management Company responsible in any manner. I/We hereby authorize Sahara Mutual Fund and their authorised service providers, to get my/our above
bank account debited by ECS / Direct Debit towards the collection of monthly payments on due SIP dates as opted by me/us. In the event of any changes in the bank particulars, I/We will submit a
fresh mandate along with a cancellation request for the earlier mandate well in advance. I/We have read and agreed to the terms and conditions mentioned in KIM / SID / SAI.
 The details of the bank account provided above pertain to my / our bank account in my / our name.
 The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode), payable to him for the different competing Schemes of various Mutual Funds from
amongst which the Scheme is being recommended to me/us. Date / / 2011.

Sole / First Unitholder Second Unitholder Third Unitholder /
Guardian / POA (Signature) (Signature) (Signature)

 
SAHARA ASSET MANAGEMENT COMPANy PRIVATE LIMITED Corporate Office : 97-98, 9th Floor, Atlanta, Nariman Point, Mumbai - 400 021.
Phone: (022) 675 20121-27 • Fax: (022) 66547855 Email: saharamutual@saharamutual.com • Website: www.saharamutual.com
Registrar & Transfer Agent : KARVy COMPUTER SHARE PVT. LTD. (KARVy) (Unit : Sahara Mutual Fund)
21, Avenue 4, Street No. 1, Banjara Hills, Hyderabad - 500 034 Ph: 040 - 44677112 / 040 - 44677122 • Email: service_smf@karvy.com
Note: All future communication in connection with the application should be addressed to the Registrar at the address given in this form, quoting full name of sole/first applicant, the
application serial number, the name of the scheme/option, amount invested, date and the place of the AMC/ Collection Centre where the application was lodged/submitted.

14

SySTEMATIC INVESTMENT PLAN (SIP) Registration Cum Mandate Form for ECS / Direct Debit Facility
DISTRIBUTOR INFORMATION
Name & Broker Code/ARN Sub-Agent/Broker Code Serial No: SIP

ARN - 74461
(Existing Investors Folio No)
INVESTOR AND SIP DETAILS Application No.
Sole / First Investor / Minor Name (Mr./Ms.) Date of Birth (dd/mm/yyyy)

Full Name of Guardian (in case of Minor) / PoA Holder’s name (Mr./Ms.) Relationship with Minor [Pl. P]
Mother Father Legal Guardian
Second Applicant’s Name (Mr./Ms.) Date of Birth (dd/mm/yyyy)

Third Applicant’s Name (Mr./Ms.) Date of Birth (dd/mm/yyyy)

I/We hereby give my/our consent to receive all communication such as Account Statement, Transaction update , Half yearly portfolio, Annual Report and any other related data / information by Email.
Pl (P) Email-ID

DETAILS OF PHOTO IDENTIFICATION DOCUMENT (Please refer to instruction no. 20 & 21 of Terms & Conditions)
Applicant Type / Nature of Photo ID Issuing Authority ID No. Type / Nature of self attested Proof of address and attestation by ARN holder
Sole / 1st Applicant
Second Applicant
Third Applicant

INVESTMENT AND PAyMENT DETAILS (Refer to KIM for instruction) (REFER TABLE “SCHEME NAME”) SIP Date (P) 5th / 15th / 25th
Scheme Plan / Sub
Name Option Option

SIP Amount (in Rs.) Enrolment Start Month End Month Frequency Please ( P ) Monthly Quarterly
............................... Period (mm/yyyy) (mm/yyyy)
First SIP transaction via Cheque No. Cheque Dated Amount (in Rs.)

I/ We hereby authorise Sahara Mutual Fund/ Sahara Asset Management Company Private Limited and their authorised service provider to debit my/ our following bank account by ECS ( Debit Clearing )/ Direct Debit
for collection of SIP payment.
PARTICULARS OF BANK ACCOUNT
Bank Account No. Account Type : Savings Current NRE NRO FCNR
Account Holders Name
as in Bank account
MICR Code (9 digit) (Please enclose copy of IFSC Code ( 11 digit for RTGS & NEFT)
cancelled cheque) [Mandatory]
Bank Name

Bank City

I/We hereby declare that the particulars given above are correct and express my/our willingness 1st applicant/
to make payments referred above through participation in ECS/Direct debit. If the transaction Guardian Signature
is delayed or not effected at all, for reasons of incomplete or incorrect information on my/our (As in Bank Records)
part, I/we would not hold the user institution responsible. I/We also inform Sahara Mutual Fund
/ Sahara Asset Management Company Private Limited about any changes in the bank account. 2nd applicant /
I/We have read and understood conditions mentioned overleaf, and agree to the Terms and Conditions Signature
mentioned in the Scheme Information Document (s). (As in Bank Records)
The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other 3rd applicant /
mode), payable to him for the different competing Schemes of various Mutual Funds from amongst which Signature
the Scheme is being recommended to me/us. Date / / (As in Bank Records)
BANKERS ATTESTATION
Certified that the Signature of Account Holder and details of the bank account are correct as per details. Signature of authorised official of bank (Bank’s stamp and date)
We accept the Mandate.

Verification request to be retained by the customer bank

The Branch Manager,
Bank Branch
Sub: Mandate Verification for account no. _____________________________________________________________________
This is to inform you that I/We have registered with Sahara Mutual Fund through their authorised Service provider for the RBI’s Electronic Clearing Service (Debit Clearing)/Auto Debit facility and that my payment
towards my investment in Sahara Mutual Fund shall be made from my / our above mentioned bank account with your bank. I/We authorise the representative carrying this ECS/Auto Debit account mandate form to get
it verified & executed. Please debit my/our account for verification charges, if any. Thanking you,

1st applicant /
2nd applicant 3rd applicant
Guardian
(Signature) (Signature)
(Signature)

 
Received from Mr./Ms./M/s.................................................................................................................................................. Serial No: SIP
Acknowledgement

Address...............................................................................................................................................................................
SIP / Auto Debit Application under (Scheme) ....................................................................................................................
Slip

along with first SIP cheque no. ........................... dated..........................................drawn on (Bank / Branch)
Seal, Signature & Date PLEASE TURNOVER
.................................................................................................................... for Rs. ...........................................................

15

Terms and Conditions
A. SIP payment through Electronic Service (Debit Clearing) of the Reserve Bank of India (RBI). List of cities for SIP Auto Debit facility - through ECS (Debit clearing)
Agra, Ahmedabad, Allahabad, Amritsar, Asansol, Aurangabad, Bangalore, Bardhaman, Baroda (Vadodara), Belgaum, Bhilwara, Bhopal, Bhubaneshwar, Bijapur, Calicut, Chandigarh, Chennai,
Cochin, Coimbatore, Cuttack, Davangere, Dehradun, Delhi, Dhanbad, Durgapur, Erode, Gadag, Goa, Gorakhpur, Guwahati, Gwalior, Haldia, Hubli, Hyderabad, Indore, Jabalpur, Jaipur,
Jalandhar, Jammu, Jamnagar, Jamshedpur, Jodhpur, Kakinada, Kanpur, Kolhapur, Kolkata, Lucknow, Ludhiana, Madurai, Mandya, Mangalore, Mumbai, Mysore, Nagpur, Nasik, Nellore, Patna,
Pondicherry, Pune, Raipur, Rajkot, Ranchi, Salem, Shimla, Shimoga, Sholapur, Siliguri, Surat, Thirupur, Tirupati, Trichur, Trichy, Trivandrum, Tumkur, Udaipur, Udipi, Varanasi, Vijaywada,
Vizag.
B. SIP payment through Direct Debit facility is available with: (As per arrangement made by the AMC from time to time)
i) HDFC Bank Ltd / AXIS Bank Ltd / IDBI Bank Ltd / IndusInd Bank Ltd / Kotak Mahindra Bank - All Branches.
ii) Bank of India and Punjab National Bank - Select Branches (*)
* for list of branches, check website www.saharamutual.com or contact our Investor Service Centres (ISCs).
1. This facility is offered only to the investors having bank accounts in selected cities/Selected banks/Branches mentioned above.
2. Please submit the following documents at least 30 working days before the 1st SIP date for ECS (Debit Clearing)
New Investors Existing Investors
• Application form for the respective scheme(s) • 1st SIP Cheque *
• 1st SIP Cheque * • SIP ECS/Auto Debit Facility Form
• SIP ECS/Auto Debit Facility Form
* The 1st SIP Cheque should be issued from the same bank account which is to be debited under ECS for subsequent installments. i.e. the 1st cheque should be drawn on the same bank
account which is to be registered for ECS (Debit)
In case the 1st cheque is issued from an account which is different from ECS debit account, then a specimen cancelled cheque from ECS Debit account (as mentioned in the application
form) should be submitted along with other requirements.[Other Terms and Conditions or as stated in the SIP registration cum mandate form.]
3. The cheques should be drawn in favor of the scheme/plan chosen e.g. “Sahara Growth Fund” and crossed “account payee only” and payable locally and drawn on any bank, which is
situated at and is a member of bankers clearing house located at the place where the SIP application is submitted. Outstation cheque will not be accepted.
4. Please write the SIP Form Number/the first applicant’s name on the reverse of the cheque accompanied by the SIP form
5. Return/ dishonored cheque will not be presented again for collection
6. The bank account provided for ECS (Debit) should participate in local MICR Clearing.
7. The names of cities in the list may be modified/ updated/ changed/removed at any time in future entirely at the discretion of Sahara Mutual Fund/Sahara Asset Management Private Limited
without assessing any reasons or prior notice. If any name of city is removed, SIP instructions for investors in such cities via ECS (Debit) route will be discontinued without prior notice. In
such a case, the AMC at its sole discretion may accept post dated cheque (PDC’s) from the investors for the balance period.
8. MICR code starting and /or ending with 000 are not valid for ECS.
9. SIP Auto Debit facility is available only on specific dates of the month 5th, 15th or 25th.
10. The investor agrees to abide by the terms and conditions of ECS facilities of Reserve Bank of India (RBI).
11. Investor will not hold Sahara Mutual Fund/Sahara Asset Management Private Limited, its Registrars and other service providers responsible if the transaction is delayed or not effected or the
investor bank account is debited in advance or after the specific SIP date due to various clearing cycles of ECS/local holidays
12. Sahara Mutual Fund / Sahara Asset Management Private Limited, its Registrars and other service providers shall not be responsible nor liable for any damages/ compensation for any loss,
damages etc. incurred by the investor. The investor assumes the entire risk of using these facilities and takes full responsibility.
13. Sahara Mutual Fund/Sahara Asset Management Private Limited reserves the right to reject any application without assigning any reason thereof.
14. Please read the Key Information Memorandum and Scheme Information Document (SID) of respective scheme(s) for applicable NAV, risk factors, load, minimum SIP amount and other
information.
15. Investor can choose to change his/her/their bank account or discontinue this facility by giving 30 days written notice to any of our Investor Service Centers.
16. Allotment of units would be subject to realization of credit.
17. An investor can opt for monthly or quarterly frequency.
18. Only one SIP per month or per quarter is permitted per folio/ account.
19. The applicable NAV for the 1st installment (in respect of the 1st cheque) will be as per the date and time at which the same has been received at ISC. If the date of the subsequent SIP
cheque/ installment is a non transaction day for the scheme, then the units shall be allotted on the next / following transaction day.
20. The Systematic Investment Plans (SIPs) by an Investor where the aggregate of installment values does not exceed Rs.50,000/- per year (in a rolling year) shall be exempted from
PAN requirement. However in lieu of PAN, Investor has to submit any one photo identification document along with the application as follows:
(a) Voter Identity Card, (b) Driving License, (c) Government / Defense identification card, (d) Passport, (e) Photo Ration Card, (f) Photo Debit Card (Credit card not included because
it may not be backed up by a bank account), (g) Employee ID cards issued by companies registered with Registrar of Companies (database available in the website of Ministry of
Company affairs (http://www.mca.gov.in), (h) Photo Identification issued by Bank Managers of Scheduled Commercial Banks / Gazetted Officer / Elected Representatives to the Legislative
Assembly / Parliament, (i) ID card issued to employees of Scheduled Commercial / State / District Co-operative Banks, (j) Senior Citizen / Freedom Fighter ID card issued by Government,
(k) Cards issued by Universities / deemed Universities or institutes under statutes like ICAI, ICWA, ICSI, (l) Permanent Retirement Account No (PRAN) card issued to New Pension System
(NPS) subscribers by CRA (NSDL), (m) Any other photo ID card issued by Central Government / State Governments /Municipal authorities / Government organizations like ESIC / EPFO.
21. The copy of proof of address which is self attested & attested by the ARN holder is required to be submitted by the investor at the time of investment.

 
Registrar & Transfer Agent: Sahara Mutual Fund
KARVy Computershare Private Limited (Unit: Sahara Mutual Fund) 97-98, 9th Floor, Atlanta, Nariman Point, Mumbai - 400 021.
21, Avenue 4, Street No.1, Banjara Hills, Hyderabad-500 034. Ph : 022 - 67520121-27. E-mail: saharamutual@saharamutual.com
Ph : 040 - 44677112 / 040 - 44677122, Email : service_smf@karvy.com Website: www.saharamutual.com

Note: All future communication in connection with the application should be addressed to the Registrar at the address given in this form, quoting full name of sole/first applicant, the application serial number,
the name of the scheme/option, amount invested, date and the place of the AMC/ Collection Centre where the application was lodged/submitted.
16

MULTIPLE BANK ACCOUNTS REGISTRATION FORM
Folio No.____________________OR Application No _____________________ Permanent Account Number (PAN)
(For Existing Unit Holders) (for New Unit Holders)
Name of Sole / First Unit Holder_____________________________________ 
Please strike unused sections to avoid unauthorised use.
A - ADDITION OF BANK ACCOUNTS
Please register my/our following bank accounts for all investments in my/our folio. I/we understand that I/we can choose to receive payment proceeds in
any of these accounts, by making a specific request in my/our redemption request. I/We understand that the bank accounts listed below shall be taken up
for registration in my/our folio in the order given below and the same shall be registered only if there is a scope to register additional bank accounts in the
folio subject to a maximum of five in the case of individuals and ten in the case of non individuals.
For each bank account, Investors should produce original for verification or submit originals of the documents mentioned below.
For additional back account please use extra copies of this form.

Account No. Account type  Savings  Current  NRE  NRO  FCNR  ___
Bank Name Branch
City PIN code
MICR Code^ IFSC Code^^
Document attached (Any one)  Cancelled Cheque with name pre-printed  Bank statement  Pass book  Bank Certificate
^ 9 digit code on your cheque next to the cheque number. ^^ 11 digit code printed on your cheque.
Account No. Account type  Savings  Current  NRE  NRO  FCNR 
Bank Name Branch
City PIN code
Account No. Account type  Savings  Current  NRE  NRO  FCNR  ___
Bank Name Branch
City PIN code

B - DEFAULT BANK ACCOUNT
From among the bank accounts registered with you or mentioned above, please register the following bank account as a Default Bank Account into
which future redemption and or dividend proceeds, if any of the above mentioned folio will be paid:
Bank Name Bank Account No.
SIGNATURES (To be signed as per mode of holding. In case of non-Individual Unit holders, to be signed by AUTHORISED SIGNATORIES) Sole /
First Applicant / Unit holder Second Applicant / Unit holder Third Applicant / Unit holder

1st applicant /
Guardian
(Signature)

C - BANK ACCOUNT DELETION FORM

Folio No. ___________________ Permanent Account Number (PAN)
Name of Sole / First Unit Holder _____________________________________

Please delete the following Bank accounts as registered accounts for my/our folio :
Bank Account No. Bank Name
Deletion of a default bank account is not permitted unless the investor mentions another registered bank account as a default account in Part B of this Form.
SIGNATURES (To be signed as per mode of holding. In case of non-Individual Unit holders, to be signed by AUTHORISED SIGNATORIES) Sole /
First Applicant / Unit holder Second Applicant / Unit holder Third Applicant / Unit holder

1st applicant /
Guardian
(Signature)

17

INSTRUCTIONS

1. This facility allows a unit holder to register multiple bank account details for all investments held in the specified folio (existing or new). Individuals/HUF
can register upto 5 different bank accounts for a folio. Non-individuals can register upto 10 different bank accounts for a folio. For registering more than 4
accounts, please use extra copies of this form.

2. Please enclose a cancelled cheque leaf for each of such banks accounts. This will help in verification of the account details and register them accurately.
The application will be processed only for such accounts for which cancelled cheque leaf is provided. Accounts not matching with such cheque leaf thereof
will not be registered.

3. If the bank account number on the cheque leaf is handwritten or investor name is not printed on the face of the cheque, bank account statement or pass
book giving the name, address and the account number should be enclosed. If photocopies are submitted, investors must produce original for verification.

4. Bank account registration/deletion request will be accepted and processed only if all the details are correctly filled and the necessary documents are
submitted. The request is liable to be rejected if any information is missing or incorrectly filled or if there is deficiency in the documents submitted.

5. The first/sole unit holder in the folio should be one of the holders of the bank account being registered.

6. The investors can change the default bank account by submitting this form. In case multiple bank accounts are opted for registration as default bank
account, the mutual fund retains the right to register any one of them as the default bank account.

7. A written confirmation of registration of the additional bank account details will be dispatched to you within 10 calendar days of receipt of such request.

8. If any of the registered bank accounts are closed / altered, please intimate the AMC in writing of such change with an instruction to delete/alter it from of
our records.

9. The Bank Account chosen as the primary/default bank account will be used for all Redemption payouts/ Dividend payouts. At anytime, investor can instruct
the AMC to change the default bank account by choosing one of the additional accounts already registered with the AMC.

10. If request for redemption is received along with a change of Bank account, the redemption request would be processed with the new bank account, subject
to proper documentation.

11. If in a folio, purchase investments are vide SB or NRO bank account, the bank account types for redemption can be SB or NRO only. If the purchase
investments are made vide NRE account(s), the bank accounts types for redemption can be SB/ NRO/ NRE.

12. The registered bank accounts will also be used to identify the pay in proceeds. Hence, unit holder(s) are advised to register their various bank accounts
in advance using this facility and ensure that payments for ongoing purchase transactions are from any of the registered bank accounts only, to avoid
fraudulent transactions and potential rejections due to mismatch of pay-in bank details with the accounts registered in the folio.

18

NOTICES / ADDENDUMS FORMING PART OF THE SCHEME INFORMATION DOCUMENT(S) OF SAHARA MUTUAL FUND
1. Introduction of Online Transactions & Service facility to option premium paid must not exceed 20% of the net assets of the scheme. 4. Cash
Sahara Asset Management Company Private Limited (“AMC”) introduces w.e.f. 10th or cash equivalents with residual maturity of less than 91 days may be treated as not
June, 2010 Online Transaction facility (‘facility’) on its website - www.saharamutual. creating any exposure. 5. Exposure due to hedging positions may not be included in the
com (“AMC website”). Currently this facility will be available for Sahara Tax Gain Fund above mentioned limits subject to the following a. Hedging positions are the derivative
(ELSS Fund), Sahara Growth Fund, Sahara Midcap Fund, Sahara Wealth Plus Fund, positions that reduce possible losses on an existing position in securities and till the
Sahara Infrastructure Fund, Sahara Banking & Financial Services Fund, Sahara Power existing position remains. b. Hedging positions cannot be taken for existing derivative
& Natural Resources Fund, Sahara Super 20 Fund and Sahara Star Value Fund. positions. Exposure due to such positions shall have to be added and treated under
limits mentioned in Point 1 above. c. Any derivative instrument used to hedge has
The AMC may add/ alter more schemes for the purpose of this facility.
the same underlying security as the existing position being hedged. d. The quantity
Consequent to this, the said website is declared to be an “Official Point of Acceptance” of underlying associated with the derivative position taken for hedging purposes does
for applications for subscriptions, Redemptions, switches and other facilities under not exceed the quantity of the existing position against which hedge has been taken.
existing folio/s with effect from the transaction date 10.06.2010. 6. Schemes may enter into plain vanilla interest rate swaps for hedging purposes. The
The Uniform Cut-off time as prescribed by SEBI and as mentioned in the Scheme counter party in such transactions has to be an entity recognized as a market maker
Information Documents of respective schemes shall be applicable for applications by RBI. Further, the value of the notional principal in such cases must not exceed the
received on the website However, investors should note that transactions on the value of respective existing assets being hedged by the scheme. Exposure to a single
website shall be subject to the eligibility of the investors, any terms & conditions counterparty in such transactions should not exceed 10% of the net assets of the
as stipulated by Sahara Mutual Fund/Sahara Asset Management Company Private scheme. 7. Exposure due to derivative positions taken for hedging purposes in excess
Ltd.,from time to time and any law for the time being in force. All other terms and of the underlying position against which the hedging position has been taken, shall be
conditions as mentioned in the respective Scheme treated under the limits mentioned in point 1. 8. Each position taken in derivatives shall
Information Documents of the schemes shall be applicable for applications received have an associated exposure as defined under. Exposure is the maximum possible loss
through the above-mentioned website. that may occur on a position. However, certain derivative positions may theoretically
have unlimited possible loss. Exposure in derivative positions shall be computed as
Date : 9th June, 2010
follows:
2. Dividend Declaration under ‘Sahara Power & Natural Resources Fund’
Position Exposure
Sahara Mutual Fund declared Rs. 2.00 per unit Dividend under Sahara Power & Natural
Long Future Futures Price * Lot Size * Number of Contracts
Resources Fund. The record date for the purpose of dividend was 30/07/2010.
Short Future Futures Price * Lot Size * Number of Contracts
Date : 25th july, 2010 Option Bought Option Premium Paid * Lot Size * Number of Contracts.
3. Dividend Declaration under ‘Sahara Star Value Fund’ All other terms and condition of the schemes remain unchanged. This addendum shall
Sahara Mutual Fund declared Rs. 2.00 per unit Dividend under Sahara Star Value form an integral part of the Scheme Information Document issued for the scheme(s)
Fund. The record date for the purpose of dividend was 16/08/2010. norms.
Date : 11th August, 2010 Date : 29th, September, 2010
4. Notice for change in Official Point of Acceptance (Chandigarh & Ahmedabad) 7. Dividend Declaration under ‘Sahara Wealth Plus Fund’
The Unit holders/ Investors are advised to note the change in address of Official Point Sahara Mutual Fund declared Rs. 4 per unit Dividend under Sahara Wealth Plus Fund.
of Acceptance for schemes of Sahara Mutual Fund w.e.f. 16th August, 2010: The record date for the purpose of dividend was 05/10/2010.
Location Address Date : 30th September, 2010
Chandigarh : 2nd Floor, Chamber No. 4, Chandigarh Business Centre, SCO – 2441 - 8. Dividend Declaration under ‘Sahara Growth Fund’
42,Sector : 22 – C, Chandigarh - 160 022. Phone No. 0172 - 3244010 Sahara Mutual Fund declared Rs. 7.50 per unit Dividend under Sahara Growth Fund.
Ahmedabad : Shop No. 1, Ground Floor, Narnarayan Complex, Swastik Cross Roads, The record date for the purpose of dividend was 29/10/2010.
Navrangpura, Ahmedabad – 380009 Phone No. 079 - 32942935 Date : 24th October, 2010
Date : 12th August, 2010 9. Notice cum Addendum to the Scheme Information Document (SID), Key
5. Dividend Declaration under ‘Sahara Banking & Financial Services Fund’ Information Memorandum (KIM) and Statement of Additional Information (SAI)
Sahara Mutual Fund declared Rs. 4.00 per unit Dividend under Sahara Banking & for Schemes of Sahara Mutual Fund.
Financial Services Fund. The record date for the purpose of dividend was 03/09/2010. 1) Bank Details: An investor can register up to five bank accounts for a folio with the Fund
Date : 29th August, 2010 to receive the redemption/dividend proceeds choosing one of these accounts as the
6. Addendum to the Scheme Information Document(s) / Key Information preferred bank account. Non-individuals can register upto 10 different bank accounts
Memorandum / Statement of Additional Information of the schemes of Sahara for a folio. The Unit Holder may choose to receive the redemption/dividend proceeds
Mutual Fund in any of the bank accounts, the details of which are registered under the facility by
specifying the same in the ‘Service Request Form in the Statement of Account/Bank
A. Revision in know your customer (KyC) compliance requirements account Registration Form’. However, where a Unit Holder does not specify the same,
In line with revised AMFI guidelines on Implementation of Know Your Customer the default option would be to credit the redemption/dividend proceeds to the bank
(KYC) under Prevention of Money Laundering Act, 2002, the Board of Trustees of account chosen as the preferred bank account. AMC/RTA shall adopt the same process
Sahara Mutual Fund had made it mandatory for such Investors to be KYC compliant of verification for above registration as is applicable for a change in bank mandate. The
irrespective of the amount of Investments w.e.f. 1st October, 2010 for all fresh same is effective from 15 November, 2010.
investment transactions (Purchase, Switch-in, Systematic Transfer plans etc) 1. All 2) Appointment of Fund Manager (Debt): Ms Richa Sharma has being appointed as Fund
non-individual investors such as Companies, Body Corporate, Association of persons, Manager (Debt) w.e.f 11 November, 2010 in place of Shri Devesh Thacker for the Debt
Foreign Institutional Investors (FIIs), Hindu Undivided Family (HUF), Partnership oriented schemes namely Sahara Liquid Fund,Sahara Income Fund, Sahara Gilt Fund,
Firms, Public Sector Undertakings, Societies, Banks Trusts etc 2. Non-resident Indians Sahara Classic Fund, Sahara Interval Fund Quarterly Plan Series 1 and Sahara Short
(NRIs)/Persons of Indian Origin residing abroad (PIO) 3. Investors ( individual & Non- Term Bond Fund. Ms Richa Sharma, Fund Manager, aged 31 years, MMS (Finance):
Individual) coming through Channel Distributors. The above category of investors for She also holds a degree in Commerce. She has over six years of experience in the
the purpose of KYC shall include (i) their constituted Power of Attorney (PoA) holder, in Fixed Income/
case of investments through a PoA and (ii) each of the applicants, in case of application
in joint names. Capital Market segments. Her previous work experience includes working in a Mutual
Fund and debt segment.
B. Transferability of mutual fund units : The Board of Trustees of Sahara Mutual
fund has approved transferability of units of schemes of Sahara Mutual Fund held in 3) Non Acceptance of Third Party Instrument w. e. f. 15 November, 2010:
Dematerialized Form. This facility of transferability of units will not be available for units Definition of third-party instrument payment:
of Sahara Taxgain Fund (An open ended ELSS scheme) during the lock-in period. a) When payment is made through instruments issued from an account other than that of
C. Additional Disclosure On “Trading in Derivatives” : Pursuant to SEBI Circular the beneficiary investor, the same is referred to as Third-Party payment; b) It is clarified
No. Cir/ IMD/ DF/ 11/ 2010 dated 18th August, 2010 the Board of Trustees of Sahara that in case of payments from a joint bank account, the first holder of the mutual fund
Mutual Fund has approved that the existing positional limits and exposure under the folio has to be one of the joint holders of the bank account from which payment is
head “Trading in Derivatives” as contained in the Scheme Information Document of made.
schemes of Sahara Mutual Fund be replaced by the following w.e.f 1st October, 2010. Exceptions:Third-Party payments shall be rejected except in the following exceptional
1. The cumulative gross exposure through equity, debt and derivative positions should situations but adherence to certain formalities:a) Payment by Parents/Grand-Parents/
not exceed 100% of the net assets of the scheme. 2. Schemes shall not write options related persons on behalf of a minor in consideration of natural love and affection
or purchase instruments with embedded written options. 3. The total exposure related or as gift for a value not exceeding Rs.50,000/- (each regular purchase or per SIP

19

installment); b) Payment by Employer on behalf of employee under Systematic Transfer Plan if the day is a non business day the processing will be done on the next
Investment Plans through Payroll deductions; c) Custodian on behalf of an FII or a business day. Exit load, if any, under respective schemes will apply to STP.
client. vii. Revision In Know Your Customer (KYC) Compliance Requirements
Date : 12 November, 2010 In line with revised AMFI guidelines on Implementation of Know Your Customer
10. Sahara R.E.A.L Fund becomes an open Ended Equity Scheme w.e.f. 27th (KYC) under Prevention of Money Laundering Act, 2002, the Board of Trustees of
November, 2010 Sahara Mutual Fund has decided to revise the threshold limit for KYC Compliance
As per the provisions of Sahara R.E.A.L Fund (the “Scheme”), the scheme was to for investment in schemes of Sahara Mutual Fund by following category of investors.
remain closed for 3 years after which it automatically becomes open ended. The 3 Accordingly it will be mandatory for such Investors to be KYC compliant irrespective of
year period ends on 26th November, 2010 and accordingly the scheme would be open the amount of Investments, for all fresh investment transactions (Purchase,
for subscriptions / redemptions w.e.f 27th November 2010 (the “Effective Date”) as an Switch-in, Systematic Transfer plans etc) 1. All non-individual investors such as
open – ended scheme. Companies, Body Corporate, Association of persons, Foreign Institutional Investors
All the provisions pertaining to close-ended period shall cease and those pertaining (FIIs), Hindu Undivided Family (HUF), Partnership Firms, Public Sector Undertakings,
to open-ended scheme viz.subscriptions/redemptions/switches, minimum number of Societies, Banks Trusts etc; 2. Non-resident
investors and maximum holding by single investor, cut-off timings for subscriptions/ Indians (NRIs)/Persons of Indian Origin residing abroad (PIO); 3. Investors (Individual
redemptions/switches, facilities such as Systematic Investment Plan (SIP)/ Systematic & Non-Individual) coming through Channel Distributors.
Transfer Plan (STP) etc. shall become applicable from the effective Date. The units of The above category of investors for the purpose of KYC shall include (i) their
the Scheme shall be available for continuous sale and repurchase on all business days constituted Power of Attorney (PoA) holder, in case of investments through a PoA and
at NAV based prices on an ongoing basis from the Effective Date. (ii) each of the applicants, in case of application in joint names.
The Board of Trustees of Sahara Mutual Fund has approved the following changes in viii. Bank Details: An investor can register up to five bank accounts for a folio with the Fund
the Scheme Information Document (SID) effective 27th November, 2010 i.e. pursuant to receive the redemption/dividend proceeds choosing one of these accounts as the
to the scheme becoming open- ended. preferred bank account. Non-individuals can register upto 10 different bank accounts
i. Load Structure: Entry Load: Nil; Exit Load: 1 % if redeemed on or before 1 year from for a folio. The Unit Holder may choose to receive the redemption/dividend proceeds
the date of allotment. Nil: If redeemed beyond 1 year from the date of allotment. There in any of the bank accounts, the details of which are registered under the facility by
would be no exit load for direct applications. specifying the same in the ‘Service Request Form in the Statement of Account/Bank
ii. Mode of Payment : In case the investor subscribes to the units of the scheme account Registration Form’. However, where a Unit Holder does not specify the same,
through a Demand Draft/ Pay Order /Bankers’ Cheque, the cost towards such the default option would be to credit the redemption/dividend proceeds to the bank
instruments, if any, shall be borne by the Investor. account chosen as the preferred bank account. AMC/RTA shall adopt the same process
of verification for above registration as is applicable for a change in bank mandate.
iii. Online Transaction facility : Online Transaction facility (‘facility’) will be available for
the scheme at www.saharamutual.com (“AMC website”). The said website will be the There are no changes to the fundamental attributes of the Scheme and the Scheme
“Official Point of Acceptance” for applicable transactions as facilitated from time to time. is becoming an open ended scheme in accordance with the terms of the SID. Existing
Unit holders of the Scheme should note that no action is required if they wish to remain
iv. Systematic Investment Plans (SIPs)
invested in the Scheme and they shall continue to be the Unit holders of the open-
ECS / DIRECT DEBIT FACILITY / POST DATED CHEQUES. ended Scheme.
Investors can enroll themselves for SIP under the scheme through Registration Cum Date : 26th November 2010.
Mandate Form for ECS/ Direct Debit Facility or post dated cheques under the following
11. 1. Modification in cut-off time under Sahara Liquid Fund for applicability of Net Asset
schemes.
Value (NAV). The following cut-off time shall be applicable under Sahara Liquid Fund
Monthly SIP: 1st cheque of Rs.1000/- along with minimum of 5 post dated cheques of and its plans/ options available there under:
minimum of Rs.1000/- each.
i. Where the application is received upto 2.00 p.m. on a business day and funds are
Quarterly SIP: 1st cheque of Rs.2000/- along with minimum of 3 post dated cheques available for utilization in the Bank account of Sahara Liquid Fund – the closing NAV of
of minimum of Rs.2000/- each. the day immediately preceding the day of receipt of application; ii. where the application
The minimum number of installments under Monthly SIP would be six (6) and under is received after 2.00 p.m. on a business day and funds are available for utilization in
quarterly SIP would be four (4).The SIP installment dates will be 5th/15th/25th of every the Bank account of Sahara Liquid Fund on the same day – the closing NAV of the day
month and drawn in favor of the scheme and crossed “Account Payee only”. The entry immediately preceding the next business day; and iii. irrespective of the time of receipt
into SIP can be on any date. The Systematic Investment Plans (SIPs) by an Investor of application, where the funds are not available for utilization before the cut-off time
where the aggregate of installment values does not exceed Rs.50,000/- per year (in in the Bank account of Sahara Liquid Fund – the closing NAV of the day immediately
a rolling year) shall be exempted from PAN requirement. However in lieu of PAN, preceding the day on which the funds are available for utilization.Allotment of units in
Investor has to submit any one photo identification document (such as Voter ID Card, respect of purchase/switch-in under Sahara Liquid Fund is subject to receipt of valid
Government Defense ID Card, Card of reputed employer, Driving License, Passport applications/ switch-in request, credit of subscription/switch-in amounts in the bank
etc) along with the application. account of Sahara Liquid Fund and funds available for utilization before the cut-off
Systematic Investment Plan for Corporate Employees timings as specified above.
The SIP for corporate employees seeks to provide convenience and value of investment 2. Allotment of units under Sahara Income Fund/ Sahara Interval Fund/ Sahara Gilt
to salaried individuals. The application amount would be forwarded by the employer Fund/ Sahara Short Term Bond Fund/ Sahara Classic Fund
on specific request from the employee who desires to invest in the Scheme. The Allotments in respect of purchases/switch-in in respect of the aforesaid schemes for an
concerned employee has to authorize the employer to deduct the application amount amount equal to or more than Rs.1 crore are subject to receipt of valid applications/
from his salary and remit the same to the scheme. The employer would then deduct the switch-in requests, credit of entire subscription/ switch-in amount to the scheme bank
requested application amount at regular intervals (monthly or otherwise) and forward accounts and availability of funds in the aforesaid schemes for utilization before the
the same to the scheme. cut-off timing of 3 p.m. This addendum forms an integral part of the SID/ KIM of the
v. Systematic Withdrawal Plan (SWP) respective schemes. All other termsand conditions as mentioned in the SID/KIM shall
Monthly SWP: Minimum of Rs.500/- Quarterly SWP: Minimum of Rs.1500/- remain unchanged.
The amount withdrawn under SWP would be based on the NAV of the first business Date: 30 November, 2010
day of the month. In case the date falls on a holiday or falls during a book closure 12. In accordance with Securities & Exchange Board of India circular No. Cir / IMD / DF /
period, the immediate next business day will be considered for the purpose. Exit Loads 19 / 2010 dated 26th November, 2010 the following modifications are being made in
as applicable under the scheme/s would be charged. the Scheme Information Document (SID) and Key Information Memorandum(KIM) of
vi. Systematic Transfer Plan (STP) schemes of Sahara Mutual Fund w.e.f. 1st December, 2010
STP Type Days Frequency Minimum STP 1. Modification in cut-off time under Sahara Liquid Fund for applicability of Net Asset
Value (NAV). The following cut-off time shall be applicable under Sahara Liquid Fund
Daily STP All Business days Daily Rs.100/- and in Multiples of Rs.1/-. and its plans/ options available there under : i. Where the application is received upto
Weekly STP 7th, 14th, 21st, 28th Weekly Rs.500/- and in Multiples of Rs.1/-. 2.00 p.m. on a business day and funds are available for utilization in the Bank account
Monthly STP 1st, 15th, 25th Monthly Minimum amount as provided under of Sahara Liquid Fund – the closing NAV of the day immediately preceding the day of
SIP receipt of application; ii. where the application is received after 2.00 p.m. on a business
Quarterly STP 1st, 15th, 25th Quarterly Minimum amount as provided under day and funds are available for utilization in the Bank account of Sahara Liquid Fund
SIP on the same day – the closing NAV of the day immediately preceding the next business
day; and iii. irrespective of the time of receipt of application, where the funds are not
The Daily / Weekly STP should be registered for minimum of 6 months. The application
available for utilization before the cut-off time in the Bank account of Sahara Liquid
for Daily / Weekly STP should be submitted at least 10 Business Days in advance
Fund – the closing NAV of the day immediately preceding the day on which the funds
before the commencement date of Daily / Weekly STP. In case of Weekly Systematic
are available for utilization.
20

Allotment of units in respect of purchase/switch-in under Sahara Liquid Fund is subject Sahara Mutual Fund without payment of exit load between 1st March 2011 and 31st
to receipt of valid applications/ switch-in request, credit of subscription/switch-in March 2011 (both days inclusive). No action is required from unit holders who are in
amounts in the bank account of Sahara Liquid Fund and funds available for utilization agreement with the aforesaid changes, which shall be deemed as acceptance of these
before the cut-off timings as specified above. changes. Individual letters are being dispatched to the unit holders under the scheme.
2. Allotment of units under Sahara Income Fund/ Sahara Interval Fund/ Sahara Gilt Appointment of Fund Manager (Debt): Mr. Ashwini Kumar is being appointed as ‘Fund
Fund/ Sahara Short Term Bond Fund/ Sahara Classic Fund Allotments in respect of Manager (Debt)’ w.e.f. 28th February, 2011 in place of Ms. Richa Sharma for Debt
purchases/switch-in in respect of the aforesaid schemes for an amount equal to or more oriented Schemes of Sahara Mutual Fund viz. Sahara Gilt Fund, Sahara Income Fund,
than Rs.1 crore are subject to receipt of valid applications/ switch-in requests, credit of Sahara Classic Fund, Sahara Liquid Fund, Sahara Short Term Bond Fund, and Sahara
entire subscription/ switch-in amount to the scheme bank accounts and availability of Interval Fund Quarterly Plan – Series 1. Mr. Ashwini Kumar, aged 32 years, has done
funds in the aforesaid schemes for utilization before the cut-off timing of 3 p.m. his MMS from Pune University. He holds a degree in Economics. He has over nine
years of experience in Fixed Income / Capital Market segments. His previous work
Date:November 30, 2010
experience includes working in a Mutual Fund and Wholesale Debt segment.
13. Dividend Declaration under ‘Sahara Midcap Fund’
February 25th, 2011
Sahara Mutual Fund declared Rs. 3 per unit Dividend under Sahara Midcap Fund. The
17. Appointment of Key Personnel: Mr. Rohitesh Hota, aged 26 has being appointed as
record date for the purpose of dividend was 24/12/2010.
Dealer for th equity schemes of Sahara Mutual Fund w.e.f 7 March, 2011. Mr Hota has
Date : 19th December, 2010 done his Master of Finance & Control from Utkal University and Post Graduate Diploma
14. Implementation of KYC under Prevention of Money Laundering Act (PMLA) through in Securities Management from Indian Institute of Capital Markets. He has been with
CDSL Ventures Ltd. (CVL) for Individual Investors w.e.f January 1, 2011 the Company since May, 2009 in the 'Research Department'.
In compliance with AMFI Circular No 35/MEM – COR/62/10-11 dated October 07, 2010, Date : March 9th, 2011
the minimum threshold limit for individual investors shall be changed from Rs.50,000/- 18. Appointment of Key Personnel: Mr. Shray Taneja, aged 23 years, has being appointed
to Nil w.e.f January 01, 2011(‘Effective Date’). With this KYC is now mandatory for all as th Dealer for debt schemes of Sahara Mutual Fund w.e.f 18 March, 2011. He is a
classes of Investors from Effective Date except in case of Systematic Investment Plans graduate in Commerce and has pursued Post Graduate Diploma in Management.
(SIPs) where the aggregate of installment value doesn’t exceed Rs. 50,000/- per year
Date : March 21st 2011
(in a rolling period). In such cases the Investors in addition to photo identification will
be required to provide proof of address which shall be duly attested by the investor or 19. Addendum to the Scheme Information Document / Statement of Additional Information
by the ARN holder mentioning the ARN number or attested by a competent authority. / Key Information Memorandum of the schemes of Sahara Mutual Fund.
Date : 30th December, 2010 In line with AMFI guidelines, the Trustees have approved the following changes in the
Scheme Information Document (SID) / Statement of Additional Information (SAI)/ Key
15. NOTICE
Information Memorandum (KIM) wherever applicable, of the schemes of Sahara Mutual
DIVIDEND DECLARATION Fund.
Notice is hereby given that Board of Trustees of Sahara Mutual Fund has approved 1) “On Behalf of Minor” Accounts:
dividend under Sahara Tax Gain Fund. Rate Per Unit Rs. 2.50
a) There shall not be any joint accounts with minor as the first holder. b) Date of Birth
The face value is Rs. 10/- per unit. The cum-dividend NAV as on 23rd February, 2011 of the minor and evidence of relationship of the natural guardian / court appointed legal
was Rs. Rs.15.7067 under the dividend option of the scheme. Record Date: 01.03.2011 guardian to the minor shall be mandatory at the time of application. Documents such
Pursuant to the payment of dividend the NAV of the dividend option of the scheme will as i) Birth certificate of the minor, or ii) School leaving certificate / Mark sheet issued by
fall to the extent of payout. Higher Secondary Board of respective states, ICSE, CBSE etc., or iii) Passport of the
All the unit holders under the dividend option of the scheme whose name appears in the minor, or iv) Any other supporting documentary proof shall be accepted as evidence of
register of unit holders as at the close of business hours on the record date are entitled date of birth of the minor/ relationship of the guardian.
to dividend. The re-investment in units of the dividend amount, if opted for re-investment 2) Minor Attaining Majority – Status Change: a) When a minor turns major, advance notice
will be done on the day immediately after the record date at ex-dividend NAV of record will be sent to the registered correspondence address advising the guardian and the
date. Past performance may or may not be sustained in future. The dividend declared minor to submit an application form along with prescribed documents as applicable
above is tax free in the hands of investors. from time to time to change the status of the account to “major”. b) The account shall
Date: 24th February , 2011 be frozen for operation by the guardian on the day the minor attains the age of majority
and no transactions shall be permitted till the documents as applicable for changing
16. NOTICE TO UNITHOLDERS OF SAHARA INTERVAL FUND QUARTERLy
the status are received.c) AMC will register standing instructions like SIP,SWP,STP in a
PLAN SERIES 1
minor folio only till the date of the minor attaining majority, though the instructions may
Notice is hereby given to the unit holders that pursuant to SEBI Circular No. Cir/IMD/ be for a period beyond that date. Thereafter all such instructions will be suspended.
DF/19/2010 dated November 26th, 2010, the Board of Trustees of Sahara Mutual Fund
3. Change in Guardian: For registration of the new guardian, when there is a change
has approved the following changes in the Scheme Information Document (SID) / Key
in guardian either due to mutual consent or demise of existing guardian, necessary
Information Memorandum (KIM) of Sahara Interval Fund Quarterly Plan Series 1(“the
documents as applicable from time to time would be required to be submitted, as per
Scheme”) effective from 1st April, 2011 (“Effective Date”).
the procedure sought by the AMC.
Specified Transaction Period (STP): The Specified Transaction Period will be 12th- 16th
4. Nomination facility: a) Nomination will be maintained at the folio or account level
in the months of March, June, September, and December. The minimum period of STP
and will be applicable for investments in all schemes in the folio or account.
will be two business days.
b) Where a folio has joint holders, all joint holders should sign the request for
Dematerialization of units: The unit holders will have an option to hold the units in Nomination/cancellation of nomination, even if the mode of holding is not “joint”.
dematerialized form. Accordingly the units of the scheme can be available in c) Nomination form cannot be signed by Power of Attorney (PoA) holders. d) Every
dematerialized (electronic) form. The applicant intending to hold units in dematerialized new nomination for a folio/account will overwrite the existing nomination. e) Nomination
form will be required to have a beneficiary account with a Depository Participant (DP) of is mandatory for new folios/accounts opened with single holding. f) Investors who do
the NSDL / CDSL. The facility for trading units in dematerialized form will be available not wish to nominate must sign separately confirming their non-intention to nominate.
on at least one on the exchange compulsorily. g) Nomination is not allowed in a folio held on behalf of a minor.
Listing: The units of the scheme will be listed on the Capital market Segment of 5. Transmission: For transmission of units under various situations which may be
the National Stock Exchange of India Ltd (NSE) or such other recognized Stock either transmission of units to surviving unit holders, transmission of units to the
Exchange(s). registered nominee in case of death of sole or all unit holders, transmission of
Liquidity: The scheme will be available for Sale/switch-in / and redemption / switch-out units to claimant/s, where nominee is not registered, in case of death of sole or
during STP period only. Such facilities will not be available outside STP. all unit holders, transmission of units in case of HUF, due to death of Karta or any
such other circumstances, the claimants/s of units will be required to submit the
Investment Restrictions: In addition to the investment restrictions specified in the
prescribed documents as may be applicable. Investors may refer to our website
Seventh Schedule of SEBI (Mutual Funds) Regulations, 1996, Investments shall
(www.saharamutual.com) for a ready reckoner matrix of various documents required
be permitted only in such securities which mature on or before the opening of the
under different transmission scenarios.
immediately following specified transaction period. In case of securities with put and
call options the residual time for exercising the put option of the securities shall not be The above changes shall be effective from April 1st, 2011. This notice cum addendum
beyond the opening of the immediately following specified transaction period. shall form an integral part of the SID, SAI, KIM, Application form of the schemes of
Sahara Mutual Fund. All other terms and conditions in the SAI, SID, KIM remains
Load: Exit Load: Nil The above mentioned changes tantamount to change in
unchanged.
fundamental attributes of the scheme as per Regulation 18(15A) of SEBI (Mutual
Funds) Regulations,1996. Unit holders are informed that the above mentioned changes Date : March 30th 2011
are applicable from Effective Date. Unit holders who are not in agreement with the
aforesaid changes can exit i.e. redeem their units, switch to any other schemes of

21

Sahara Mutual Fund Investor Service Centres
AHMEDABAD: No. 1, Ground Floor, Narnarayan Complex, Swastik Cross Road, Navrangpura, Ahmedabad - 380009. Ph - 079 - 32942935.
BANGALORE: S-202, Manipal Centre, 47, Dickenson Road, Bangalore - 500042. Ph - 080 - 32928532.
BHUBANESHWAR: Plot No.617/D, Kharvel Nagar, Unit-3, In front of Giridurga Temple, Bhubaneshwar -751001. Tel No. 0674 - 2391372.
CHANDIGARH: 2nd floor, chamber No. 4, Chandigarh Business Centre, SCO - 2441-42, Sector 22- C, Chandigarh - 160 022. Ph - 0172 - 3244010.
CHENNAI: Flat No. - J, 2nd Floor, Mount Chambers, No-758, Anna Salai, Chennai-600 002. Ph - 044 -32979232.
COIMBATORE: 41-A1, Half Cellar Floor, West Lokmanya Street, R S Puram, Coimbatore-641 002. Ph - 0422 - 3296379.
GURGAON: Sahara Care House, DLF Infinity Tower - A, 2nd Floor, DLF Phase - 2, Gurgaon (Haryana) - 122002. Ph – 0124-3224746.
GORAKHPUR: Shop No.23, Upper Ground Floor, Cross Roads, "The Mall", Bank Road, Gorakhpur - 230001. Ph - 0551-3247171.
HyDERABAD: Sahara Manzil, 2nd Floor, Opp. Secretariat, Basheerbagh, Hyderabad - 500004. Ph - 040 - 32936958.
INDORE: Municipal Bldg.No.581, 125, Bansi Trade Centre, 1st Floor, M.G. Road, Indore-452001. Ph - 0731 - 3255735.
JAIPUR: Office No. 322, 3rd Floor, Ganapati Plaza, M.I. Road, Jaipur-302001. Ph - 0141 - 3269923.
JAMMU: Kiosk -5, (B-1), North Block, Ground Floor, Bahu Plaza, Jammu-180012. Ph- 09205044557.
KOLKATA: Sahara India Sadan, Ground Floor, 2A-Shakespeare Sarani, Kolkata-700071. Ph - 033 - 32977674.
KOLKATA (Salt Lake): B D-16 (Ground Floor), Sector - 1, Salt Lake City, Kolkata - 700 064. Ph – 033-40041617.
LUCKNOW: Office No. 8, Ground Floor, Saran Chamber-1, V Park Road. Lucknow-226001. Ph - 0522 - 3242899.
MUMBAI: 97, 9th Floor, Atlanta, Nariman Point, Mumbai-400 021. Ph - 022- 67520121-27.
NEW DELHI: Flat No. 310, 3rd Floor, Deep Shikha, 8, Rajendra Place, New Delhi- 110008. Ph - 011 – 25755783.
NOIDA: C-1, Sahara India Complex, Sector 11, Noida-201301. Ph - 09971070841
PATNA: C/o Sahara India Pariwar, Sahara India Vihar, Boring Road Chauraha, Boring Road. Patna-800001. Ph - 0612 - 3255280.
PUNE: Office No.71, Shrinath Plaza, Off F C Road, Dnyaneshwar Paduka Chowk, Shivaji Nagar, Pune-411 005. Ph - 020-32934114.
THANE: Shop No.-1, Santoshi Bhavan, Shivaji Path, Behind Punjab National Bank, Thane - 400 601. Ph – 022 - 25441993

REGISTRAR AND TRANSFER AGENT: KARVy Computershare Private Limited (Unit: Sahara Mutual Fund)
21, Avenue 4, Street No.1,Banjara Hills, Hyderabad - 500 034. Ph : 040 - 44677112 / 040 - 44677122
Email : service_smf@karvy.com
KARVy INVESTOR SERVICE CENTRES
AHMEDABAD: Tel: 079-26402967, 26400527; BANGALORE: Tel: 080-25320085/86; BARODA: Tel: 0265-6640870/72, BHUBANESWAR: Tel: 0674-2547531/32;
CHANDIGARH: Tel: 0172-5071725/26; CHENNAI: Tel: 044 - 42028512/13; COCHIN: Tel: 0484-4010224, 4010273; COIMBATORE: Tel: 0422- 4384770; DURGAPUR:
Tel: 0343-6512111; HyDERABAD: Tel: 040- 23312454; INDORE: Tel: 0731-3243601/04; JAIPUR: Tel: 0141-2375039, 2363321; JAMSHEDPUR: Tel: 0657-2487045/48;
KANPUR: Tel: 0512-3292333, 3246390; KOLKATA: Tel: 033-24659297, 24659263; LUCKNOW: Tel: 0522-3213115, 2236819; MANGALORE: Tel: 0824-2494110; MUMBAI:
Tel: 022-66510802, 56382666; NAGPUR: Tel: 0712-6619382, 6618581; NEW DELHI: Tel: 011-43681700; PANJIM: Tel: 0832-2426870/74; PATNA: Tel: 0612-6453098,
2321354; PUNE: Tel: 020-25533795, 25532783; SURAT: Tel: 0261-3017158, 3237924; VISAKHAPATNAM: Tel: 0891-2752916/17.

KARVy TRANSACTION POINTS
AGRA - Tel: 0562-4000601; 0562-2526663; 0562-3247227; AJMER - Tel: 0145-2628055; 0145-5120725; ALLAHABAD - Tel: 0532-3294281; 0532-2260291 / 292; AMBALA
- Tel: 0171-2640668 / 669; AMRITSAR – Tel: 0183-5053804 / 805; ANAND - Tel: 02692-320394; 02692-248980; 02692 - 248873; ASANSOL - Tel: 0341 - 2214624 / 625;
AURANGABAD - Tel: 0240-2363517 / 524 / 530; BALASORE - Tel: 06782-260503; 06782-265492; 06782-265496; BAREILLy - Tel: 0581-2476809 extn 32; BELGAUM
- Tel: 0831-3295441; 0831-3295262; BEHRAMPUR - Tel: 0680-2202833; 0680-2202810; BHAGALPUR - Tel: 0641-2302768; BHARUCH - Tel: 02642-225207/209; 02642-
326996; BHAVNAGAR - Tel: 0278 - 2567005 / 006 ; BHILAI - Tel: 0788-3297477; 0788-2295329 / 32; BHOPAL - Tel: 0755- 4064695; 0755-2740052 / 053; BOKARO - Tel:
06542 - 233330; 06542-233331/233332; BURDWAN - Tel: 0342- 2550219; 0342-2550840; CALICUT - Tel: 0495-4022480; 0495-2742105/107; 0495-3042083, CUTTACK
- Tel: 0671-2613905 / 906; DEHRADUN - Tel:; 0135 - 3205130; DHANBAD - Tel: 0326 - 6452026/27; 0326-2301045; DHARWAD - Tel: 0836-2744207; 0836-3299866;
0836-2744208; ERODE - Tel: 0424 - 2225615/616; Tel: 0424 – 2225617; FARIDABAD - Tel: 0129 - 4024441; 0129 - 4024442 /443; GHAZIABAD - Tel: 0120 - 2701891;
GORAKHPUR - Tel: 0551-3200444; 0551-3097816; 0551 - 3297817; GUNTUR - Tel: 0863-2339094; 0863-2326684; GURGAON - Tel: 0124-4083854; 0124-3243535;
0124-4086419; GUWAHATI - Tel: 0361-2608122; 0361-2608016; GWALIOR - Tel: 0751-4042435; 0751-4069001/2/3/4; HISSAR - Tel: 01662-225868; 01662-225845; - Tel:
01662-225836; HUBLI - Tel: 0836 - 3299098; 0836 - 2356201/202; JABALPUR - Tel: 0761-3204376; JALANDHAR - Tel: 0181-4634401 / 410 / 412 / 415 ; JALGAON - Tel:
0257 - 2226761; 0257 - 2227432; JAMMU - Tel: 0191 - 2475037; 0191 - 2477994; JAMNAGAR - Tel: 0288-3298794; 0288-3299330; 0288-3299265; JHANSI - Tel: 0510 -
2333685 / 668; 0510 - 2333684; JODHPUR - Tel: 0291-5103046; 0291-5103026; JORHAT - Tel: 0376 – 2301923; KARAIKUDI - Tel: 04565-229256; 04565 - 237193 /192;
KARUR - Tel: 04324-326048; 04324-241891; 04324-241892; KOLHAPUR - Tel: 0231 2520650; KOTA - Tel: 0744-2366145; 0744-2365144/2365146; KOTTAyAM - Tel:
0481-3200990; 0481 - 2302420/421; LUDHIANA - Tel: 0161- 424862 / 426112; MADURAI - Tel: 0452 - 2600852 / 853 / 854; MARGAO - Tel: 0832-2731823; 0832-2731822;
0832-2734656; MEERUT - Tel: 0121-3252943; MORADABAD - Tel: 0591-3202774; 0591 - 2310470; MUZAFFARPUR - Tel: 0621-2241733; 0621-3204090; MySORE - Tel:
0821 - 2438006; 0821-2441524; 0821-2441520; NASIK - Tel: 0253-6611395; 0253-6602542 /543/544; NAVSARI - Tel: 02637-329161; 02637-233553 / 554; PANIPAT - Tel:
0180-3296960; 0180-2644308; 0180-3295717; PATIALA - Tel: 0175-5051726/27; 0175-5051728; PONDICHERRy - Tel: 0413 - 2220633 / 636 / 640; RAIPUR - Tel: 0771-
2236696; 0771 - 2236694 /695; 0771 – 6450194; RAJAHMUNDRy - Tel: 0883-2432076; 0883 - 2434468 / 69 / 70; RAJKOT - Tel: 0281-3046534 / 535; RANCHI - Tel:
0651 - 2331320; 0651-2330394; 0651-2330386; ROHTAK - Tel: 01262-271984; 01262-253597; ROURKELA - Tel: 0661-2510770; 0661-25107771/72; SALEM - Tel: 0427
- 4020300; 0427-2210835/836; SHILLONG - Tel: 0364 - 2224186; 0364-2228172 / 175; SHIMLA - Tel: 0177-2624453; 0177 - 3299222; SHIMOGA - Tel: 08182-227485;
08182 - 228795; SILCHAR - Tel: 03842-261229; 03842-260334; SILIGURI - Tel: 0353-2526393; 0353-2526399; TIRUPUR - Tel: 0421 - 2214221; 0421 - 2214319; TRICHUR
- Tel: 0487 - 3246239; 0487 – 2322483; TRICHy - Tel: 0431 - 4020227; 0431-2793799; TRIVANDRUM - Tel: 0471 - 2725728; 0471 - 2725990/989/991; VALSAD - Tel:
02632-326901 / 902; VAPI - Tel: 0260-3205955; 0260 - 3093480; 0260 – 3296397; VARANASI - Tel: 0542-3204893; 0542-2227259; 0542-3206494; VIJAyAWADA - Tel:
0866 2475126; 0866-2495200; 0866-2495400; 891-2752915-18.
22

INSTRUCTIONS FOR INVESTMENT AND PAyMENT DETAILS

INSTRUCTION - Investment Details - Applicants can invest in one or more of the schemes by filling the amount of investments and submitting separate cheques for all investments under
separate application forms. Please refer to the respective SCHEME NAME / OPTION / SUB-OPTION to be filled up in the application form towards your investments.
Please note that if you do not indicate the investment option of the relevant scheme, then the Mutual Fund will place you into the default option of the scheme, as per existing scheme provisions.
INSTRUCTION - Payment Details - The subscription amounts can be tendered by local cheques/demand drafts favouring the applicable scheme and must be crossed “Account Payee Only”.
The cheque / demand draft should be drawn on any bank which is situated at and is a member/ sub-member of the Bankers clearing house. Cheques /demand drafts drawn on a bank not
participating in the clearing house will not be accepted. Cash will not be accepted.

CHEQUES TO BE ISSUED IN FAVOUR OF “SCHEME NAME” CHEQUES TO BE ISSUED IN FAVOUR OF “SCHEME NAME”

SCHEME NAME OPTION Sub-option SCHEME NAME OPTION Sub-option

Sahara Liquid Fund Variable Pricing Option Daily Dividend Option (RI) Sahara Wealth Plus Fund Variable Pricing Option Payout
– Dividend Option
Sahara Liquid Fund Variable Pricing Option Weekly Dividend Option (RI)
Sahara Wealth Plus Fund Variable Pricing Option Re-Investment Option
Sahara Liquid Fund Variable Pricing Option Monthly Dividend Option (RI) – Dividend Option
Sahara Liquid Fund Variable Pricing Option Growth Option Sahara Wealth Plus Fund Variable Pricing Option
– Growth Option
Sahara Liquid Fund Fixed Pricing Option Daily Dividend Option (RI) Sahara Wealth Plus Fund Fixed Pricing Option Payout
Sahara Liquid Fund Fixed Pricing Option Weekly Dividend Option (RI) – Dividend Option
Sahara Wealth Plus Fund Fixed Pricing Option Re-Investment Option
Sahara Liquid Fund Fixed Pricing Option Monthly Dividend Option (RI) – Dividend Option
Sahara Liquid Fund Fixed Pricing Option Growth Option Sahara Wealth Plus Fund Fixed Pricing Option
– Growth Option

Sahara Income Fund Dividend Option Payout Sahara Infrastructure Fund Variable Pricing Option Payout
Sahara Income Fund Dividend Option Re-Investment Option – Dividend Option
Sahara Infrastructure Fund Variable Pricing Option Re-Investment Option
Sahara Income Fund Growth Option
– Dividend Option
Sahara Infrastructure Fund Variable Pricing Option
Sahara Gilt Fund Dividend Option Payout – Growth Option
Sahara Infrastructure Fund Fixed Pricing Option Payout
Sahara Gilt Fund Dividend Option Re-Investment Option – Dividend Option
Sahara Gilt Fund Growth Option Sahara Infrastructure Fund Fixed Pricing Option Re-Investment Option
– Dividend Option
Sahara Infrastructure Fund Variable Pricing Option
Sahara Classic Fund Dividend Option Payout – Growth Option
Sahara Classic Fund Dividend Option Re-Investment Option
Sahara Classic Fund Growth Option
Sahara Power & Natural Resources Fund Dividend Option Payout
Sahara Interval Fund Dividend Option Payout Sahara Power & Natural Resources Fund Dividend Option Re-Investment Option
Quarterly Plan - Series 1* Sahara Power & Natural Resources Fund Growth Option
Sahara Interval Fund Dividend Option Re-Investment Option
Quarterly Plan - Series 1*
Sahara Interval Fund Growth Option
Sahara Banking & Financial Services Fund Dividend Option Payout
Quarterly Plan - Series 1*
Sahara Banking & Financial Services Fund Dividend Option Re-Investment Option
Sahara Banking & Financial Services Fund Growth Option
Sahara Short Term Bond Fund Dividend Re-Invt Option
Sahara Short Term Bond Fund Growth Option

Sahara Super 20 Fund Dividend Option Payout
Sahara Tax gain Fund Dividend Option Payout Sahara Super 20 Fund Dividend Option Re-Investment Option
Sahara Tax gain Fund Dividend Option Re-Investment Option Sahara Super 20 Fund Growth Option

Sahara Tax gain Fund Growth Option

Sahara Growth Fund Dividend Option Payout Sahara Star Value Fund Dividend Option Payout
Sahara Star Value Fund Dividend Option Re-Investment Option
Sahara Growth Fund Dividend Option Re-Investment Option
Sahara Growth Fund Growth Option Sahara Star Value Fund Growth Option

Sahara Midcap Fund Dividend Option Payout
Sahara Midcap Fund Dividend Option Re-Investment Option Sahara R.E.A.L Fund Dividend Option Payout
Sahara Midcap Fund Growth Option Sahara R.E.A.L Fund Dividend Option Re-Investment Option
Sahara R.E.A.L Fund Growth Option
Sahara Midcap Fund Growth Auto Earnings Payout
Sahara Midcap Fund Bonus Option

*Sahara Interval Fund Quarterly Plan Series-1 would be open for subscription / redemption / switches during 12-16th in the months of March, June, September, December each year.
 It is suggested that investors / unitholders issue payment instrument (cheque, demand draft, pay order etc. ) in favour of “Scheme name A/c First Investor Name” as stated in the
application form or Statement of Account

23

Sahara mutual fund common application form with kim

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