SECTION I

Nippon India CRISIL - IBX AAA Financial

Services - Dec 2026 Index Fund Scheme Information
Document
An open-ended Target Maturity Index Fund investing in constituents of CRISIL-
IBX AAA Financial Services Index – Dec 2026. A Moderate Interest Rate Risk
and Relatively Low Credit Risk.

Product Label
This product is suitable for investors who are seeking*: Scheme Riskometer: Benchmark Riskometer:
Nippon India CRISIL-IBX AAA Financial CRISIL-IBX AAA Financial Services
Services - Dec 2026 Index Fund Index – Dec 2026
• Income over Target Maturity Period
• An open-ended Target Maturity Index Fund tracking
CRISIL-IBX AAA Financial Services Index – Dec 2026,
subject to tracking errors.
• Investments in AAA Financial Services Sector Corporate
Bonds
*Investors should consult their financial advisers if in doubt
about whether the product is suitable for them.
The product labelling assigned during the NFO is based on internal assessment of the scheme characteristics or model portfolio and the same may vary
post NFO when the actual investments are made.

Potential Risk Class (PRC)

Credit Risk → Relatively Low Moderate Relatively High

Interest Rate Risk ↓ (Class A) (Class B) (Class C)

Relatively Low (Class I)

Moderate (Class II) A-II
Relatively High (Class III)
A-II : A scheme with Moderate Interest Rate Risk and Relatively Low Credit Risk

Offer of Units of Rs. 10/- each during the

New Fund Offer and Continuous offer for Units at NAV based prices

New Fund Offer Opens New Fund Offer Closes Scheme re-opens

October 15, 2024 October 21, 2024 October 30, 2024

The particulars of the Scheme have been prepared in accordance with the NAME OF MUTUAL FUND
Securities and Exchange Board of India (Mutual Funds) Regulations 1996,
Nippon India Mutual Fund (NIMF)
(herein after referred to as SEBI (MF) Regulations) as amended till date, and
circulars issued thereunder filed with SEBI, along with a Due Diligence
Certificate from the Asset Management Company. The units being offered for
NAME OF ASSET MANAGEMENT COMPANY
public subscription have not been approved or recommended by SEBI nor has
SEBI certified the accuracy or adequacy of the Scheme Information Document. Nippon Life India Asset Management Limited (NAM India)

The Scheme Information Document sets forth concisely the information about the CIN : L65910MH1995PLC220793
scheme that a prospective investor ought to know before investing. Before investing,
investors should also ascertain about any further changes to this Scheme Information
Document after the date of this Document from the Mutual Fund / Investor Service NAME OF TRUSTEE COMPANY
Centres /Website / Distributors or Brokers. Nippon Life India Trustee Limited (NLITL)
The investors are advised to refer to the Statement of Additional Information CIN : U65910MH1995PLC220528
(SAI) for details of Nippon India Mutual Fund, Standard Risk Factors, Special
Consideration, Tax and Legal issues and general information on
mf.nipponindiaim.com. Registered Office (NIMF, NAM India, NLITL)
4th Floor, Tower A, Peninsula Business Park,
SAI is incorporated by reference (is legally a part of the Scheme Information
Document). For a free copy of the current SAI, please contact your nearest Ganapatrao Kadam Marg, Lower Parel (W),
Investor Service Centre or log on to our website.
Mumbai - 400 013.
The Scheme Information Document (Section I and II) should be read in Tel No. +91 022 6808 7000
conjunction with the SAI and not in isolation.
Fax No. +91 022 6808 7097
1 by the
This Scheme Information Document is dated October 07, 2024 and was approved
Board of the Trustees on August 21, 2024. Website : mf.nipponindiaim.com
 CONTENTS
SECTION I ........................................................................................................................................................................................................... 1
PART I. HIGHLIGHTS/SUMMARY OF THE SCHEME ......................................................................................................................................... 3
PART II. INFORMATION ABOUT THE SCHEME ................................................................................................................................................ 9
A. HOW WILL THE SCHEME ALLOCATE ITS ASSETS? ............................................................................................................................ 9
B. WHERE WILL THE SCHEME INVEST? ................................................................................................................................................ 10
C. WHAT ARE THE INVESTMENT STRATEGIES? ................................................................................................................................... 10
D. HOW WILL THE SCHEME BENCHMARK ITS PERFORMANCE?......................................................................................................... 10
E. WHO MANAGES THE SCHEME? ......................................................................................................................................................... 11
F. HOW IS THE SCHEME DIFFERENT FROM EXISTING SCHEMES OF THE MUTUAL FUND? ............................................................ 12
G. HOW HAS THE SCHEME PERFORMED (AS ON…. )........................................................................................................................... 12
H. ADDITIONAL SCHEME RELATED DISCLOSURES .............................................................................................................................. 12
PART III - OTHER DETAILS .............................................................................................................................................................................. 13
A. COMPUTATION OF NAV ...................................................................................................................................................................... 13
B. NEW FUND OFFER (NFO) EXPENSES ................................................................................................................................................ 13
C. ANNUAL SCHEME RECURRING EXPENSES ...................................................................................................................................... 13
D. LOAD STRUCTURE .............................................................................................................................................................................. 15
SECTION II ........................................................................................................................................................................................................ 16
I. INTRODUCTION ................................................................................................................................................................................... 16
A. DEFINITIONS/INTERPRETATION......................................................................................................................................................... 16
B. RISK FACTORS .................................................................................................................................................................................... 16
C. RISK MITIGATION STRATEGIES ......................................................................................................................................................... 19
II. INFORMATION ABOUT THE SCHEME: .............................................................................................................................................. 21
A. WHERE WILL THE SCHEME INVEST –................................................................................................................................................ 21
B. WHAT ARE THE INVESTMENT RESTRICTIONS? ............................................................................................................................... 21
C. FUNDAMENTAL ATTRIBUTES ............................................................................................................................................................ 23
D. INDEX METHODOLOGY (FOR INDEX FUNDS, ETFS AND FOFS HAVING ONE UNDERLYING DOMESTIC ETF) – ......................... 24
E. PRINCIPLES OF INCENTIVE STRUCTURE FOR MARKET MAKERS (FOR ETFS) - .......................................................................... 26
F. FLOORS AND CEILING WITHIN A RANGE OF 5% OF THE INTENDED ALLOCATION AGAINST EACH SUB CLASS OF ASSET, AS
PER CLAUSE 13.6.2 OF SEBI MASTER CIRCULAR FOR MUTUAL FUNDS DATED JUNE 27, 2024 (ONLY FOR CLOSE ENDED
DEBT SCHEMES) - ............................................................................................................................................................................... 26
G. OTHER SCHEME SPECIFIC DISCLOSURES: ...................................................................................................................................... 26
III. OTHER DETAILS ................................................................................................................................................................................. 37
A. IN CASE OF FUND OF FUNDS SCHEME, DETAILS OF BENCHMARK, INVESTMENT OBJECTIVE, INVESTMENT STRATEGY, TER,
AUM, YEAR WISE PERFORMANCE, TOP 10 HOLDING/ LINK TO TOP 10 HOLDING OF THE UNDERLYING FUND SHOULD BE
PROVIDED- NOT APPLICABLE ............................................................................................................................................................ 37
B. PERIODIC DISCLOSURES SUCH AS HALF YEARLY DISCLOSURES, HALF YEARLY RESULTS, ANNUAL REPORT ..................... 37
C. TRANSPARENCY/NAV DISCLOSURE (DETAILS WITH REFERENCE TO INFORMATION GIVEN IN SECTION I) ............................. 38
D. TRANSACTION CHARGES AND STAMP DUTY ................................................................................................................................... 39
E. ASSOCIATE TRANSACTIONS - PLEASE REFER TO STATEMENT OF ADDITIONAL INFORMATION (SAI)...................................... 39
F. TAXATION FOR OTHER THAN EQUITY ORIENTED SCHEMES ......................................................................................................... 39
G. RIGHTS OF UNITHOLDERS- PLEASE REFER TO SAI FOR DETAILS ................................................................................................ 39
H. LIST OF OFFICIAL POINTS OF ACCEPTANCE: .................................................................................................................................. 39
I. PENALTIES, PENDING LITIGATION OR PROCEEDINGS, FINDINGS OF INSPECTIONS OR INVESTIGATIONS WHICH ACTION
MAY HAVE BEEN TAKEN OR IS IN THE PROCESS OF BEING TAKEN BY ANY REGULATORY AUTHORITY ................................. 39

2
Disclaimers
CRISIL Research, a division of CRISIL Limited (“CRISIL”) has taken due care and caution in preparing this report (“Report”) based on the
information obtained by CRISIL from sources which it considers reliable (“Data”). However, CRISIL does not guarantee the accuracy, adequacy
or completeness of the Data or Report and is not responsible for any errors or omissions or for the results obtained from the use of Data or Report.
The Report is not a recommendation to invest or disinvest in any company whether covered or not in the Report and no part of the Report should
be construed as an investment advice or any form of investment banking. CRISIL especially states that it has no liability whatsoever, financial or
otherwise, to the subscribers/ users/ transmitters/ distributors of this Report. CRISIL Research operates independently of, and does not have
access to information obtained by CRISIL’s Ratings Division / CRISIL Risk and Infrastructure Solutions Limited (“CRIS”), which may, in their
regular operations, obtain information of a confidential nature. The views expressed in the Report are that of CRISIL Research and not of CRISIL’s
Ratings Division / CRIS. The Report is confidential to the client. No part of this Report may be distributed, copied, reproduced or published
(together, “Redistribute”) without CRISIL’s prior written consent, other than as permitted under a formal Agreement (if any) in place between the
client and CRISIL. Where CRISIL gives such consent, the Client shall ensure that the recipient so permitted is responsible to ensure compliance
with all applicable laws and regulations with respect to any such Redistribution. Without limiting the generality of the foregoing, nothing in the
Report is to be construed as CRISIL providing or intending to provide any services in jurisdictions where CRISIL does not have the necessary
permission and/or registration to carry out its business activities in this regard. The Client will be responsible for ensuring compliances and any
consequences of non-compliances for use and access of the Report or part thereof outside India.

3
Part I. HIGHLIGHTS/SUMMARY OF THE SCHEME

Sr. No. Title Description

I. Name of the scheme Nippon India CRISIL-IBX AAA Financial Services - Dec 2026 Index Fund

II. Category of the Index Fund

Scheme

III. Scheme type An open-ended Target Maturity Index Fund investing in constituents of CRISIL-IBX AAA Financial Services Index
– Dec 2026. A Moderate Interest Rate Risk and Relatively Low Credit Risk.

IV. Scheme code NIMF/O/O/DIN/24/09/0151

V. Investment objective The investment objective of the scheme is to provide investment returns that are commensurate with the total
returns of the securities as represented by the CRISIL-IBX AAA Financial Services Index – Dec 2026 before
expenses, subject to tracking errors. There is no assurance that the investment objective of the Scheme will be
achieved.

VI. Liquidity/listing details Liquidity

The Scheme will offer for Sale / Switch-in and Redemption / Switch-out of Units on every Working Day on an
ongoing basis. As per SEBI Regulations, the Mutual Fund shall initiate Redemption proceeds within 3 Working
Days of receiving a valid Redemption request. In case of exceptional situations listed in AMFI Circular
No.AMFI/35P/MEM-COR/74/2022-23 dated January 16, 2023 read with clause 14.2 of SEBI Master Circular
dated June 27, 2024, redemption payment would be made within the permitted additional timelines. A penal
interest of 15% per annum or such other rate as may be prescribed by SEBI from time to time, will be paid in
case the Redemption proceeds are not initiated within 3 working days of the date of receipt of a valid Redemption
request.
Listing
Being an open-ended scheme, the Units of the Scheme will not be listed on any stock exchange, at present. The
Trustee may, at its sole discretion, cause the Units under the Scheme to be listed on one or more Stock
Exchanges

VII. Benchmark (Total CRISIL-IBX AAA Financial Services Index – Dec 2026
Return Index) The scheme is an index fund, investing in constituents of CRISIL-IBX AAA Financial Services Index – Dec 2026.
The composition of the benchmark is such that it is most suited for comparing performance of the scheme.

VIII. NAV disclosure The AMC will calculate and disclose the first NAV within 5 working days from the date of allotment. Subsequently,
the NAV will be calculated and disclosed at the close of every Business Day and uploaded on the AMFI website
www.amfiindia.com and Nippon India Mutual Fund website i.e. mf.nipponindiaim.com by 11.00 p.m. on the same
business day. Further, AMC will extend facility of sending latest available NAVs to unitholders through SMS,
upon receiving a specific request in this regard.
If the NAVs are not available before commencement of business hours on the following day due to any reason,
the Fund shall issue a press release providing reasons and explaining when the Fund would be able to publish
the NAVs. In case of any delay, the reasons for such delay would be explained to AMFI and SEBI.
For further details, kindly refer Section II.

IX. Applicable timelines Timeline for Dispatch of redemption proceeds

As per SEBI Regulations, the Mutual Fund shall transfer the redemption proceeds within the maximum period
allowed, which is currently 3 working days from the date of receipt of the redemption request at the Designated
Investor Service Centres. In case of exceptional situations listed in AMFI Circular No.AMFI/35P/MEM-
COR/74/2022-23 dated January 16, 2023, redemption payment would be made within the permitted additional
timelines.
A Transaction Confirmation Slip / Fresh Account Statement will also be sent to the Unitholders reflecting the new
unit balance in his Account. For payments made other than through direct transfers, the redemption proceeds
shall be Dispatched through ordinary mail (with or without UCP) or Registered Post or by Courier, unless
otherwise required under the Regulations, at the risk of the unitholder
Timeline for Dispatch of IDCW (if applicable) etc
The IDCW payments shall be initiated to the unitholders within 7 working days from the record date in compliance
to the Clause 11.4 of the SEBI Master circular dated June 27, 2024.

X. Plans and Options The Scheme offers following Plans/Options under Direct Plan and Regular Plan:
Plans/Options and sub (a) Growth Plan
options under the
Scheme (1) Growth Option
(b) Income Distribution cum capital withdrawal Plan
(1) Payout Option
(2) Reinvestment Option
Direct Plan is only for investors who purchase /subscribe Units in a Scheme directly with the Fund (i.e.
investments not routed through an AMFI Registration Number (ARN) Holder). Distribution of IDCWs will be
subject to the availability of distributable surplus.
The AMC, in consultation with the Trustees reserves the right to discontinue/ add more plans/ options at a
later date subject to complying with the prevailing SEBI guidelines and Regulations.

4
Default Plan
Scena Broker Code Plan mentioned by the investor Default Plan to be captured
rio mentioned by
the investor
1 Not mentioned Not mentioned Direct Plan
2 Not mentioned Direct Plan Direct Plan
3 Not mentioned Regular Plan/Other than Direct Plan Direct Plan
4 Mentioned Direct Plan Direct Plan
5 Direct Not mentioned Direct Plan
6 Direct Regular Plan/Other than Direct Plan Direct Plan
7 Mentioned Regular Plan/Other than Direct Plan Regular Plan/Other than Direct Plan
8 Mentioned Not mentioned Regular Plan/Other than Direct Plan
For detailed disclosure on default plans and options, kindly refer SAI

Treatment of Transactions received with invalid ARNs

(As per AMFI Best practices guidelines circular no.111/2023-24 dated February 02,2024)
A. Definition of ‘Invalid ARN’: “Invalid ARNs” shall include ARN validity period expired or terminated or cancelled
or suspended or suspended due to Nomenclature changes or ARN not empanelled with AMC or ARN holder
decease and last ARN holder debarred by SEBI.
B. Guidelines for Processing of transactions received under Regular Plan with invalid ARN:
Transactions received in Regular Plan with Invalid ARN to be processed in Direct Plan of the same Scheme (even
if reported in Regular Plan), as below:

Notes:
1. *If the EUIN is invalid/missing, the transactions shall be processed in Regular plan, and the
distributor/investor shall be given 30day period from the date of the transaction for remediation of the EUIN.
The commission shall not be paid till the EUIN is remediated.
2. For SIP & STP facilities, the ARN validity shall be verified / validated at the time of registration. For instances
where the registration details not available in RTA records the transaction shall be treated as lumpsum
purchase for validations.
3. SIPs registered under ARN of deceased to continue till end of SIP registration period or investor’s request
as per AMFI guidelines; No fresh transactions or SIPs will be booked under the ARN of deceased MFD post
cancellation of ARN at AMFI.
4. Only Sub-distributor’s ARN with valid “ARN-“values in the transaction will be considered for validation of
Sub- distributor ARN for all types of transactions (lumpsum/SIP/STP).
5. If the ARN is invalid as on date of SIP / STP registration, such registration and future transactions
thereunder will be processed under DIRECT plan.
6. Transactions other than through physical mode which are found to be not in order basis above matrix, will
be rejected instead of processing in Direct Plan.
7. Transactions received from the stock exchange platforms in Demat mode with invalid ARN shall be rejected
instead of processing in Direct Plan.
8. IDCW reinvestment transactions, being a corporate action, will be excluded from the above validation

5
XI. Load Structure Exit Load:
NIL
Exit load if charged, by NIMF to the unit holders shall be credited to the scheme immediately net of Goods &
Service Tax, if any

XII. Minimum Application During NFO:

Amount/switch in
Minimum amount of Rs.1,000 and in multiples of Re.1 thereafter
On continuous basis:
Minimum amount of Rs.1,000 and in multiple of Re.1 thereafter

XIII. Minimum Additional Minimum Additional Investment:

Purchase Amount
Rs.1,000 and in multiples of Re.1 thereafter
Note – For investments made by designated employees in terms of Clause 6.10 of SEBI Master circular dated
June 27, 2024, requirement for minimum application/ redemption amount will not be applicable.

XIV. Minimum Minimum Redemption Amount

Redemption/switch
out amount Redemptions can be of minimum amount of Rs.100 or any number of units or account balance, whichever is
lower.
Note – For investments made by designated employees in terms of Clause 6.10 of SEBI Master circular dated
June 27, 2024, requirement for minimum application/ redemption amount will not be applicable
Minimum Switch Amount
Will be as per the minimum application amount in the respective scheme which may have been opted by the
Investor for switching the units/amount where the switch facility is available.
Switch-out facility from applicable ETF schemes to Nippon India CRISIL-IBX AAA Financial Services - Dec
2026 Index Fund
For availing this facility, investors are requested to note the following operational modalities:
a. Switch-out from the Scheme will be allowed only in terms of Basket size (unit).
b. Switch transaction will be processed subject to availability of all details as per regulatory guidelines.
c. The applicability of the NAV in the transferee Scheme will be the NAV of the business day on which the
Funds are realized in Scheme’s account before cut-off time.
d. In case of any rejection in Switch-in to the transferee Scheme, the amount will be paid to the investor as
redemption proceeds.
e. Investors to note that the pattern and sequence of holding both in the open-ended (Non-ETF) Folio and in
demat account (used for ETF unit holding) should be same. However, in case there is no existing Folio, the
investor has to provide the details and signatures of all holders for Folio creation in the open-ended (Non-
ETF) Scheme.
f. Investors should have the clear balance of ETF units in their demat account for execution of the Switch-out
transaction from the selected ETF Scheme.
NIMF/NAM India reserves the right to introduce, change, modify or withdraw any of the features available in this
facility from time to time.

XV. New Fund Offer Period NFO opens on: October 15, 2024
This is the period during NFO closes on: October 21, 2024
which a new scheme
Scheme re-opens for continuous sale & repurchase not later than: October 30, 2024
sells its units to the
investors. The AMC/Trustee reserves the right to close the NFO of the Scheme before the above mentioned date. The
AMC/Trustee reserves the right to extend the closing date of the New Fund Offer Period, subject to the condition
that the New Fund Offer shall be kept open for minimum 3 working days and not more than 15 days.
Any such changes shall be announced by way of issuing addendum and uploading on the website of the AMC

XVI. New Fund Offer Price: The NFO price will be Rs. 10/- per unit
This is the price per unit
that the investors have
to pay to invest during
the NFO.

XVII. Segregated portfolio/ The scheme has segregated portfolio disclosure. For Details Disclosure, kindly refer SAI
side pocketing
disclosure

XVIII. Swing pricing Not Applicable

disclosure

XIX. Stock lending/short The Scheme will not engage in Securities Lending & Short Selling.
selling

6
XX. How to Apply & Other The applications filled up and duly signed by the applicants should be submitted at the office of the Collection
Details Centres / DISCs / Official Points of Acceptance or may be downloaded from the website of AMC. The list of the
Designated Investor Service Centres (DISCs)/Official Points of Acceptance (OPAs) of the Mutual Fund are
available on the website of the AMC i.e. mf.nipponindiaim.com. Please refer to the SAI for detailed procedure and
Application form for the instructions.

XXII. Investor services Contact details for general service requests & complaint resolution:
Mr. Milind Nesarikar is the Investor Relations Officer for the Fund. All related queries should be addressed to him
at the following address:
Mr. Milind Nesarikar
Nippon Life India Asset Management Limited
20th Floor, Tower A, Peninsula Business Park,
Ganapatrao Kadam Marg, Lower Parel (W), Mumbai - 400 013.
Tel No. +91 022 6954 8000; Fax No. +91 022 6954 8199
Email: Milind.Nesarikar@nipponindiaim.com
Online Dispute Resolution Platforms
1. SCORES
SCORES is a web based centralized grievance redressal system which enables investors to lodge and follow up
their complaints and track the status of redressal of such complaints online. Through this system, the investor
should be able to submit his/her complaint on an online basis, which shall then be monitored and forwarded by
the concerned Desk Officer(s) at SEBI to the concerned AMC’s, who would then in-turn be required to suitably
redress & upload status thereof on this platform itself, within the stipulated time period. For redressal of
complaints, Investors can visit www.scores.gov.in.
2. Online Dispute Resolution (ODR) Portal
Pursuant to SEBI Circular no. SEBI/HO/OIAE/OIAE_IAD-1/P/ CIR/2023/131 dated July 31, 2023 read with SEBI
Circular no. SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2023/135 dated August 04, 2023, common Online Dispute
Resolution (‘ODR’) Portal has been established in order to harnesses online conciliation and online arbitration for
resolution of disputes arising in the Indian Securities Market.
The investors can access the link to ODR portal viz. https://smartodr.in which is also made available on our
website.

XXIII. Specific attribute of Not Applicable

the scheme (such as
lock in, duration in
case of target maturity
scheme/close ended
schemes) (as
applicable)

XXIV. Special Special product/facility available during the NFO

product/facility A. SPECIAL PRODUCTS
available during the
NFO and on ongoing 1. Systematic Investment Plan (SIP)
basis B. SPECIAL FACILITIES
1. Auto Switch Facility
This fund will offer an auto switch facility from all liquid and debt schemes to Nippon India CRISIL-IBX AAA
Financial Services - Dec 2026 Index Fund during the NFO. However, NAM India reserves the right to extend
or limit the said facility on such terms and conditions as may be decided from time to time
2. Applications Supported by Blocked Amount (ASBA) facility
ASBA facility will be provided to the investors subscribing to NFO of the Scheme. It shall coexist with
the existing process, wherein cheques are used as a mode of payment. Detailed provision of such
facility has been provided in SAI.
3. Transactions through website of Nippon India Mutual Fund mf.nipponindiaim.com, Nippon India Mutual
Fund mobile applications and other digital assets / platforms
4. Facilitating transactions through Stock Exchange Mechanism
5. Transactions through Electronic platform of KFin Technologies Limited
6. Official Point of Acceptance through MF Central
7. Official Points of Acceptance of Transaction through MF utility

Special product/facility available during the ongoing basis

A. SPECIAL PRODUCTS
1. Systematic Investment Plan (SIP)
2. Systematic Transfer Plan (STP)
3. Nippon India Salary AddVantage
4. Transfer of Income Distribution cum Capital Withdrawal Plan (TIDCWP)
5. Systematic Withdrawal Plan (SWP)
6. Trigger Facility

7
 7. Nippon India SMART STEP
B. SPECIAL FACILITIES
1. Transactions through website of Nippon India Mutual Fund mf.nipponindiaim.com, Nippon India Mutual
Fund mobile applications and other digital assets / platforms
2. Facilitating transactions through Stock Exchange Mechanism
3. Official Points of Acceptance of Transaction through MF utility
4. Transactions through Electronic Platform of Registrar and Transfer Agent
5. Official Point of Acceptance through MF Central
6. Introduction of Single Cheque Multiple Scheme investment facility
7. Official Points of acceptance of transactions through Cybrilla platform
For detailed disclosure of above special products / facilities, kindly refer SAI.

XXV. Weblink A weblink wherein TER for last 6 months, Daily TER as well as scheme factsheet shall be made available.
TER: https://mf.nipponindiaim.com/investor-services/downloads/total-expense-ratio-of-mutual-fund-schemes
Factsheet : https://mf.nipponindiaim.com/investor-service/downloads/factsheet-and-other-portfolio-disclosures

XXVI. Maturity of the As a function of the underlying investments of the Scheme, the maturity of the Scheme is 31st December, 2026
Scheme (“Maturity Date”). Any modification to this date will be conveyed to investors through a notice. If the maturity /
payout date falls on a non-business day, the maturity / payout date shall be the next business day. Upon the
Maturity Date, the Units of the Scheme will be automatically Redeemed at the NAV applicable on the Maturity
Date. The Redemption proceeds will be paid to the Unit holders whose names appear on the register of Unit
holders on the Maturity Date.

XXVII. Suspension of It may be noted that the scheme will suspend Redemption and inflows through Subscription, Switch, SIP & STP,
Redemption & Inflows 10 days before the maturity of the scheme to enable settlement of units which have been subscribed/ redeemed
through Subscription, and to determine the unit holders of the scheme as on the maturity date to whom the redemption proceeds shall
Switch-in & SIP /STP be sent.
with the Fund

DUE DILIGENCE BY THE ASSET MANAGEMENT COMPANY

It is confirmed that:
(i) The Scheme Information Document submitted to SEBI is in accordance with the SEBI (Mutual Funds) Regulations, 1996 and the guidelines
and directives issued by SEBI from time to time.

(ii) All legal requirements connected with the launching of the Scheme as also the guidelines, instructions, etc., issued by the Government and
any other competent authority in this behalf, have been duly complied with.

(iii) The disclosures made in the Scheme Information Document are true, fair and adequate to enable the investors to make a well informed
decision regarding investment in the Scheme.

(iv) The intermediaries named in the Scheme Information Document and Statement of Additional Information are registered with SEBI and their
registration is valid, as on date.

(v) The contents of the Scheme Information Document including figures, data, yields etc. have been checked and are factually correct & the
underlying index of the scheme is included in the approved index list published by AMFI.

(vi) AMC has complied with the set of checklist applicable for Scheme Information Document and there are no deviations from the regulations.

(vii) Notwithstanding anything contained in this Scheme Information Document, the provisions of the SEBI (Mutual Funds) Regulations, 1996 and
the guidelines there under shall be applicable.

(viii) The Trustees have ensured that Nippon India CRISIL-IBX AAA Financial Services - Dec 2026 Index Fund approved by them is a new product
offered by Nippon India Mutual Fund and is not a minor modification of any existing scheme/fund/product.

Sd/-
Date: September 02, 2024 Name: Muneesh Sud
Place: Mumbai Designation: Chief Legal & Compliance Officer

8
 Part II. INFORMATION ABOUT THE SCHEME
A. HOW WILL THE SCHEME ALLOCATE ITS ASSETS?
Under normal circumstances, the anticipated asset allocation would be:

Indicative asset allocation

Risk Profile
(% of total assets)
Instruments
Minimum Maximum

Instruments representing the CRISIL-IBX AAA Financial Services Index – Dec 2026 95 100 Moderate

Cash and Cash Equivalents & Money Market instruments and/or Schemes which invest 0 5 Low to Moderate
in the money market securities or Liquid Schemes#

Cash Equivalents include Government Securities, T-Bills and Repo on Government Securities having residual maturity of less than 91 days.
Money market instruments include Tri-Party Repo/ Repo/Reverse Repo, certificate of deposit, commercial papers, commercial bills, treasury
bills, Government securities issued by Central and/or State Government having an unexpired maturity up to one year, call or notice money,
usance bills (BRDS) and any other similar instruments as specified by the RBI/SEBI from time to time.
#The Scheme may invest upto 5% net assets in money market / liquid schemes without charging any fees, provided that aggregate inter-
scheme investment made by all schemes under the same management company or in schemes under the management of any other AMC
shall not exceed 5% of the NAV of the Mutual Fund in accordance with Clause 4 of Seventh Schedule of SEBI (Mutual Funds) Regulations,
1996.
The Scheme will not invest in securitized debt, ADR, GDR, Foreign Securities, ReITs and InvITs, Fund of Fund Scheme, Credit default
swaps, Debt Instruments with special features (AT1 and AT2 Bonds), Debt Instruments with SO / CE, nor will it engage in short selling and
Repo in corporate debt. Further, it shall not take any exposure in derivative instruments.
The cumulative gross exposure through Debt & Money Market instruments shall not exceed 100% of the net assets of the scheme or
guidelines as may be specified by SEBI from time to time as per Clauses 12.24 and 12.25 of SEBI Master Circular dated June 27, 2024.
As per SEBI Letter dated 3rd November 2021 Cash and cash equivalents having residual maturity of less than 91 Days are not considered
for the purpose of calculating gross exposure limit.
The Scheme shall replicate the underlying debt index subject to the requirements as specified under para 3.5 of SEBI Master Circular on
Mutual Funds dated June 27, 2024
Indicative Table (Actual instrument/percentages may vary subject to applicable SEBI circulars)
Sl. No Type of Instrument Percentage of Circular references
exposure
1. Securities Lending Nil SEBI (Mutual Funds) Regulations, 1996, Securities
Lending Scheme, 1997 and Clause 12.11 of SEBI Master
Circular dated June 27, 2024
2. Derivatives Nil Clause 12.25 of SEBI Master Circular dated June 27,
2024
3. Securitized Debt Nil
4. Overseas Securities Nil Clause 12.19 of SEBI Master Circular dated June 27,
2024
5. ReITS and InVITS Nil
6. i. Units of REIT and InvIT Nil Clause 13 of Seventh schedule of SEBI (Mutual Funds)
Regulations, 1996
7. ii. Units of REIT and InvIT issued by a single Nil
issuer.
8. AT1 and AT2 Bonds Nil Clause 12.2 of SEBI Master Circular dated June 27, 2024
9. AT1 and AT2 Bonds (Single issuer) Nil
10. Unrated debt and money market instruments 0-5% Clause 12.1.5 of SEBI Master Circular dated June 27,
2024
11. Unlisted Non-Convertible Debentures (NCDs) Nil Clause 12.1.1 of SEBI Master Circular dated June 27,
2024
12. * Unsupported rating of debt instruments (i.e. Nil Clauses 12.3.1 of SEBI Master Circular dated June 27,
without factoring-in credit enhancements) is 2024
below investment grade and Supported rating
of debt instruments (i.e. after factoring-in credit
enhancement) is above investment grade at
Scheme level.
13. * Unsupported rating of debt instruments (i.e. Nil Clauses 12.3.1 of SEBI Master Circular dated June 27,
without factoring-in credit enhancements) is 2024
below investment grade and Supported rating
of debt instruments (i.e. after factoring-in credit

9
 enhancement) is above investment grade for
any group on debt portfolio of the schemes.
14, Repo transactions in corporate debt securities Nil Clauses 12.18.1.1 of SEBI Master Circular dated June
27, 2024
* Of Debt Portfolio
Rebalancing of deviation due to short term defensive consideration:
Any alteration in the investment pattern will be for a short term on defensive considerations as per Clause 1.14.1.2 of SEBI Master Circular
dated June 27, 2024,, the intention being always to protect the interests of the Unit Holders and the Scheme shall rebalance the portfolio
within 7 calendar days.
It may be noted that no prior intimation/indication will be given to investors when the composition/asset allocation pattern under the Scheme
undergoes changes within the permitted band as indicated above.
Portfolio rebalancing in case of passive breach:
In line with Clause 3.5.3.11 of SEBI Master Circular dated June 27, 2024,, in case of change in constituents of the index due to periodic
review, the portfolio of Scheme shall be rebalanced within 7 calendar days. Further, any transactions undertaken in the portfolio of Index
Schemes to meet the redemption and subscription obligations shall be done ensuring that post such transactions replication of the portfolio
with the index is maintained at all points of time.
However, always the portfolio will adhere to the overall investment objectives of the Scheme. However, the same will be rectified at the
earliest opportunity as may be available, but not later than 7 calendar days, to minimize the tracking error.
In the event of involuntary corporate action, the scheme shall dispose the security not forming part of the underlying index within 7 calendar
days from the date of allotment/listing.
B. WHERE WILL THE SCHEME INVEST?

Sr. No. Instruments in which the scheme will invest

1 Instruments representing the CRISIL-IBX AAA Financial Services Index – Dec 2026
Cash & Cash Equivalents including Government Securities, T-Bills and Repo on Government Securities having
2
residual maturity of less than 91 days
Unrated debt and Money Market Instruments including Tri-Party Repo/ Repo/Reverse Repo, certificate of
3 deposit, commercial papers, commercial bills, treasury bills, Government securities issued by Central and/or
State Government having an unexpired maturity up to one year, call or notice money, usance bills (BRDS)
4 Schemes which invest in the money market securities or Liquid Schemes
Kindly refer detailed definitions and applicable regulations/guidelines for each instruments in the Section II.

C. WHAT ARE THE INVESTMENT STRATEGIES?

Nippon India CRISIL-IBX AAA Financial Services – Dec 2026 Index Fund is a passively managed Index fund which will employ an investment
approach designed to track the CRISIL-IBX AAA Financial Services Index – Dec 2026. The Scheme will invest at least 95% of its total assets
in the instruments representing the underlying Index. Accordingly, the Scheme will invest in instruments in line with the benchmark index of
the Scheme. The Scheme may also invest in money market instruments to meet the liquidity and expense requirements. Being a target
maturity scheme, it will mature on the Maturity Date.

The Scheme shall replicate the underlying debt index subject to the requirements as specified under para 3.5 of SEBI Master Circular on
Mutual Funds dated June 27, 2024.

Disclosure of Trading in Derivatives

The Scheme does not invest in Derivatives.

Portfolio Turnover

Portfolio Turnover is used to measure the volume of trading that occurs in a Scheme's portfolio during a given time period. The scheme being a
passively managed open-ended target maturity index scheme, it is expected that there would be a number of subscriptions and redemptions on a
daily basis. Hence, it is difficult to estimate with any reasonable measure of accuracy, the likely turnover in the portfolio. Generally, turnover will
depend upon the extent of purchase and redemption of units and the need to rebalance the portfolio on account of change in the composition, if
any, and corporate actions of securities included in the Index. The Scheme has no specific target relating to portfolio turnover.

Risk Control

For the Scheme, risks would be the impact cost on securities, the delayed communication of weightage changes by the index service providers
and the delayed calculation of net change in assets of the Scheme, amongst others.

It is proposed to manage the risks by placing limit orders for basket trades and other trades, proactive follow-up with the service providers for daily
change in weights in index as well as monitor daily inflows and outflows to and from the Fund closely.

While these measures are expected to mitigate the above risks to a large extent, there can be no assurance that these risks would be completely
eliminated. Since investing requires disciplined risk management, the AMC would incorporate adequate safeguards for controlling risks in the
portfolio construction process.

D. HOW WILL THE SCHEME BENCHMARK ITS PERFORMANCE?

CRISIL-IBX AAA Financial Services Index – Dec 2026

10
 The scheme is an index fund, investing in constituents of CRISIL-IBX AAA Financial Services Index – Dec 2026. The composition of the
benchmark is such that it is most suited for comparing performance of the scheme.
Introduction

Target Date 31st December 2026

Eligible Period Securities maturing in 6-month period ending 31st December 2026
Asset Allocation AAA - Corporate Bonds: 100%
Base Date 6th October 2024
Base Index Value 1000
The index seeks to track the performance of AAA issuers from the financial services sector maturing near target date of the index. This is a
sectoral index consisting of only issuers from financial services sector.
E WHO MANAGES THE SCHEME?
Name of the Age Educational Type and Nature of past Name of the Other Schemes managed
Fund Manager Qualification experience including assignments
held during the past 10 years

Vivek Sharma 42 B.E Over 18 years of experience Nippon India Ultra Short Duration Fund
(Electronics),
Fund Manager - September 2016 - till date - Fund Nippon India Low Duration Fund
PGDBM - Manager
(Managing the Nippon India Corporate Bond Fund
Finance
Scheme - Since September 2013 - September 2016 -
Nippon India Short Term Fund
Launch of the NAM India: Asst.Fund Manager -
scheme) Managing investments for Debt Schemes Nippon India Income Fund

February 22, 2010 - September 2013, Nippon India Dynamic Bond Fund

NAM India, – Responsible for investment/ Nippon India Banking & PSU Debt Fund
trading – Fixed Income.
Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal
May 2007 – February 2010 Weight
NAM India, - Assistant Manager – Fixed Nippon India Nifty AAA PSU Bond Plus SDL - Sep 2026
Income. Responsible for Assisting Fund Maturity 50:50 Index Fund
Managers in FMP/Open ended portfolio
Nippon India Nifty SDL Plus G-Sec - Jun 2028 Maturity
analysis & MIS related activities.
70:30 Index Fund
June, 2006 to April 2007
Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund
NAM India, - Management Trainee –
Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund
Sales & Distribution. Responsible for
Product support to corporate sales team Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity
across country. 70:30 Index Fund

Nippon India Nifty G-Sec Oct 2028 Maturity Index Fund

Nippon India Nifty AAA CPSE Bond Plus SDL - Apr

2027 Maturity 60:40 Index Fund

Siddharth Deb 40 B.Sc. and Over 17 years of experience in the Nippon India ETF Nifty 1D Rate Liquid BeES
MMS in Capital markets
Fund Manager Nippon India ETF Hang Seng BeES
Finance From November 05, 2016:
(Managing the Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt
Scheme - Since NAM India : Responsible for ETF Fund
Management on the fixed income. Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal
Launch of the Weight
scheme) August 2011 – November 04, 2016
Nippon India ETF Nifty 5 yr Benchmark G-Sec
Goldman Sachs Asset Management
(India) Private Limited – Executive Nippon India Liquid Fund
Director, Managing fixed income debt Nippon India Overnight Fund
ETF’s
Nippon India Nifty AAA PSU Bond Plus SDL - Sep
September 2008 – August 2011 2026 Maturity 50:50 Index Fund
Benchmark Asset Management Nippon India Nifty SDL Plus G-Sec - Jun 2028 Maturity
Company Private Limited – Senior 70:30 Index Fund
Manager Investments
Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund
January 2006 – September 2008
Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund
Fullerton India Credit Company Ltd,
Manager – Treasury, managing day Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity
today treasury activities in front office. 70:30 Index Fund

11
 Nippon India Nifty G-Sec Oct 2028 Maturity Index Fund
Nippon India Nifty AAA CPSE Bond Plus SDL - Apr
2027 Maturity 60:40 Index Fund
Nippon India Arbitrage Fund
Nippon India Interval Fund - All Series
All Series of Nippon India Fixed Horizon Fund

F. HOW IS THE SCHEME DIFFERENT FROM EXISTING SCHEMES OF THE MUTUAL FUND?
For details of the scheme differentiation please visit

https ://mf.nipponindiaim.com/investor-service/downloads/scheme-information-document
G. HOW HAS THE SCHEME PERFORMED (As on…. )
This scheme is a new scheme and does not have any performance track record
H. ADDITIONAL SCHEME RELATED DISCLOSURES
i. Top 10 holdings by issuer and sectors (As on……..)

For scheme portfolio holdings & sectors

This scheme is a new scheme and does not have any holdings by issuer and sectors.
ii. Disclosure of name and exposure to Top 7 issuers, stocks, groups and sectors as a percentage of NAV of the scheme in
case of debt and equity ETFs/index funds through a functional website link that contains detailed description

This scheme is a new scheme and does not have any holdings by issuer, stocks, groups and sectors

iii. Functional website link for Portfolio Disclosure –

Fortnightly / Monthly: https://mf.nipponindiaim.com/investor-service/downloads/factsheet-and-other-portfolio-disclosures

Half Yearly: https://mf.nipponindiaim.com/investor-service/downloads/annual-half-yearly-reports

iv. Portfolio Turnover Rate: This scheme is a new scheme

v. Aggregate investment in the Scheme by: This scheme is a new scheme

Sr. No Category of Persons Net Value Market Value ( in Rs.)

1. Concerned scheme’s Fund Manager(s) Units NAV per unit

Since the Scheme is a new Scheme, the investment details are not available.
For any other disclosure w.r.t investments by key personnel and AMC directors including regulatory provisions in this regard kindly
refer SAI.
vi. Investments of AMC in the Scheme –
In terms of sub-regulation 16(A) in Regulation 25 of SEBI (Mutual Funds) Regulations,1996 read along with Clause 6.9 of the SEBI
Master Circular dated June 27, 2024 and AMFI Best Practice Guidelines Circular No.100 /2022-23 dated April 26, 2022 on ‘Alignment
of interest of AMCs with the Unitholders of the Mutual Fund schemes’ , the AMC shall invest its own funds in the scheme(s) based on
the risks associated with the schemes, as may be specified by the SEBI from time to time. Further, the AMC shall not charge any fees
on its investment in the Scheme (s), unless allowed to do so under SEBI Regulations in the future.

For details of investment please visit https://mf.nipponindiaim.com/investor-service/statutory-disclosures

12
 Part III - OTHER DETAILS
A. COMPUTATION OF NAV

The Net Asset Value (NAV) of the Units will be determined daily or as prescribed by the Regulations. The NAV shall be calculated in
accordance with the following formula, or such other formula as may be prescribed by SEBI from time to time.

Market/Fair Value of Scheme’s Investments + Receivables + Accrued Income +

Other Assets - Accrued Expenses- Payables- Other Liabilities
NAV =
Number of Units Outstanding

Rounding off policy for NAV

Net Asset Value of the Units in the Scheme is calculated in the manner provided in this Scheme Information Document or as may be
prescribed by Regulations from time to time. The NAV will be computed upto four decimal places.
Illustration for computation of NAV:

Particulars Amount (In INR)

Assets

Market/Fair Value of Scheme’s Investments 1,00,000

Current Assets

Receivables 1,500

Accrued Income 500

Other Assets 1,000

Total Assets (A) 1,03,000

Current Liabilities

Accrued Expenses 1,100

Payables 300

Other Liabilities 100

Total Liabilities (B) 1,500

Net Assets (C) (A – B) 1,01,500

Units Outstanding (D) 10,000

NAV per unit (C/D) 10.1500

The mutual fund shall ensure that the repurchase price of the scheme is not lower than 95% of the Net Asset Value.

For other details such as policies w.r.t computation of NAV, rounding off, investment in foreign securities, procedure in case of delay in
disclosure of NAV etc. refer to SAI
B. NEW FUND OFFER (NFO) EXPENSES
These expenses are incurred for the purpose of various activities related to the NFO like sales and distribution fees paid marketing and
advertising, registrar expenses, printing and stationary, bank charges etc. AMC will ensure that no NFO expenses will be charged to the
Scheme

C. ANNUAL SCHEME RECURRING EXPENSES

These are the fees and expenses for operating the scheme. These expenses include Investment Management and Advisory Fee charged
by the AMC and other expenses as given in the table below:

The AMC has estimated that the following % of the daily net assets of the scheme will be charged to the scheme as expenses. The AMC
would update the current expense ratios on the website of the mutual fund at least three working days prior to the effective date of the
change.

Further Actual Expense ratio will be disclosed at the following link

https://mf.nipponindiaim.com/investor-services/downloads/total-expense-ratio-of-mutual-fund-schemes

13
Estimated Expense Structure

Particulars % of Net Assets

Investment Management & Advisory Fee

Audit fees/fees and expenses of trustees

Custodial Fees

Registrar & Transfer Agent Fees including cost of providing account statements / IDCW / redemption
cheques/ warrants

Marketing & Selling Expenses including Agents Commission and statutory Advertisement

Costs related to investor communications

Upto 1.00%
Costs of fund transfer from location to location

Cost towards investor education & awareness (at least 1 bps)

Brokerage & transaction cost pertaining to distribution of units

Goods & Service Tax on expenses other than investment and advisory fees

Brokerage and transaction cost (Including GST) over and above 12 bps and 5 bps for cash and derivative
market trades respectively

Other Expenses #

Maximum total expense ratio (TER) permissible under Regulation 52 (6) (b) Upto 1.00%

Additional expenses under Section 52 (6A) (b) for gross new inflows from specified investors and cities Upto 0.30%

(# Expenses charged under the said parameters shall be in line with the Regulation 52 of SEBI (MF) Regulations or such other basis as specified
by SEBI from time to time.)

Illustration – Impact of Expense Ratio on the Returns

Particulars Regular Plan/Other than Direct Plan Direct Plan

Amount Invested at the beginning of the year 10,000 10,000

Returns before Expenses 1,500 1,500

Expenses other than Distribution Expenses 150 150

Distribution Expenses 50 -

Returns after Expenses at the end of the Year 1,300 1350

Returns 13.00% 13.50%

Note: Please note that the above is an approximate illustration of the impact of expenses on the returns, where the Returns before Expenses have
been simply reduced to the extent of the expenses. The actual impact would vary depending on the path of returns over the period of consideration.
Expenses will be charged on daily net assets..

These estimates have been made in good faith as per the information available to the Investment Manager based on past experience and
are subject to change inter-se as per actual but the total expenses shall not exceed the limits permitted by SEBI. Types of expenses charged
shall be as per the SEBI (MF) Regulations. The purpose of the above table is to assist the investor in understanding the various costs and
expenses that an investor in the scheme will bear directly or indirectly.

Mutual funds /AMCs may charge Goods & Service Tax on investment and advisory fees to the scheme in addition to the maximum limit as
prescribed in regulation 52 of the SEBI Regulations.

Goods & Service Tax on other than investment and advisory fees, if any, shall be borne by the scheme within the maximum limit as per
regulation 52 of the SEBI Regulations.

Mutual Funds/AMCs will annually set apart 1 basis points on daily net assets within the maximum limit as per regulation 52 of the SEBI
Regulations for investor education and awareness initiatives.

Direct Plan shall have a lower expense ratio excluding distribution expenses, commission, and no commission shall be paid from such plan.
Further, the NAV of Direct Plan shall be different from the NAV of Regular Plan given the two plans carry different Total Expense Ratio (TER).

However, no Investment Management fees would be charged on NAM India’s investment in the Scheme. The Trustee Company, shall be
entitled to receive a sum computed @ 0.05% of the Unit Capital of all the Schemes of NIMF on 1st April each year or a sum of Rs.5,00,000/-
which ever is lower or such other sum as may be agreed from time to time in accordance with the SEBI Regulations or any other authority,
from time to time.

14
 The investors in the Nippon India CRISIL-IBX AAA Financial Services - Dec 2026 Index Fund will be charged a maximum of 1.00% of the daily net
assets excluding additional expenses as allowed by sub regulation 6A of regulation 52.

The above expenses are fungible within the overall maximum limit prescribed under SEBI (Mutual Funds) Regulations, 1996, which means
there will be no internal sub-limits on expenses and AMC is free to allocate them within the overall TER.

In terms of Regulation 52(1) of SEBI (Mutual Funds) Regulations, 1996, all scheme related expenses including commission paid to
distributors, by whatever name it may be called and in whatever manner it may be paid, will necessarily be paid from the scheme only within
the regulatory limits and not from the books of AMC, its associate, sponsor, trustee or any other entity through any route. Provided that the
expenses that are very small in value but high in volume may be paid out of AMC’s books. Such expenses shall be paid out of AMC books
at actuals or not exceeding 2 bps of respective scheme AUM, whichever is lower. List of such miscellaneous expenses may be provided by
AMFI in consultation with SEBI or as specified/amended by AMFI/SEBI from time to time.

In addition to the limits specified in regulation 52(6), the following costs or expenses may be charged to the scheme as per new sub regulation
6A, namely-

(a) Brokerage and Transaction costs (Including GST) incurred for the execution of trades may be expensed out in the scheme to the extent
of 0.12 per cent of the value of trades in case of cash market transactions and 0.05 per cent of the value of trades in case of derivatives
transactions. Any payment towards brokerage and transaction costs incurred for the execution of trades, over and above the said 0.12
per cent and 0.05 per cent for cash market transactions and derivatives transactions respectively may be charged to the scheme within
the maximum limit of Total Expense Ratio (TER) as prescribed under Regulation 52 of the SEBI (Mutual Funds) Regulations, 1996. Any
expenditure in excess of the said prescribed limit (including brokerage and transaction costs, if any) shall be borne by the AMC or by
the Trustee or Sponsors.;

(b) expenses not exceeding of 0.30 per cent of daily net assets, if the new inflows from such investors and cities as specified by SEBI from
time to time are at least -

(i) 30 per cent of gross new inflows in the scheme, or;

(ii) 15 per cent of the average assets under management (year to date) of the scheme, whichever is higher:

Note: In line with AMFI communication no.35P/MEM-COR/85-a/2022-23 dated March 2, 2023 and SEBI letter no. SEBI/H0/IMD/IMD-SEC-
3/P/OW/2023/5823/1 dated February 24, 2023, the B-30 incentive structure is kept in abeyance from March 1, 2023, till any further guidelines
regarding necessary safeguards are issued by SEBI

Provided that if inflows from such cities is less than the higher of sub-clause (i) or sub- clause (ii), such expenses on daily net assets of the
scheme shall be charged on proportionate basis:

Provided further that expenses charged under this clause shall be utilised for distribution expenses incurred for bringing inflows from such
cities.

Provided further that amount incurred as expense on account of inflows from such cities shall be credited back to the scheme in case the
said inflows are redeemed within a period of one year from the date of investment;

The Fund will strive to reduce the level of these expenses so as to keep them well within the maximum limits allowed by SEBI. Expenses on
an ongoing basis will not exceed the percentage of the daily net assets or such maximum limits as may be specified by SEBI Regulations
from time to time.

The recurring expenses incurred in excess of the limits specified by SEBI (MF) Regulations will be borne by the AMC or by the Trustee or the
Sponsor

D. LOAD STRUCTURE

Exit Load is an amount which is paid by the investor to redeem the units from the scheme. This amount is used by the AMC to pay
commissions to the distributor and to take care of other marketing and selling expenses. Load amounts are variable and are subject ro
change from time to time. For the current applicable structure, please refer to the website of the AMC mf.nipponindiaim.com or may call at
Customer Service Centre 1860-266-0111 (charges applicable), and Investors outside India can call at 91-22-69259696 (charges applicable)
or your distributor.

Type of Load Load chargeable (as a % of NAV)

Exit a) Exit Load: Nil

b) Switchover Facility: Available, subject to minimum application amount in switch-in scheme (for
opening a new folio/account) and minimum additional investment amount in switch-in scheme for
switch-ins thereafter.
c) Inter Scheme Switch: At the applicable exit loads in the respective schemes.
d) Inter Plan/Inter Option Switch/Systematic Transfer Plans (STP):
a) Switch / Systematic transfer of investments made with ARN code, from Regular Plan to Direct
Plan of a Scheme shall be subject to applicable exit load, if any.
b) No Exit Load shall be levied for switch / Systematic transfer of investments made without
ARN code, from Regular Plan to Direct Plan of the Scheme or vice versa.¬
No load shall be applicable for Inter Option Switch/systematic transfer of investments within the
same plan under the scheme (for e.g. Growth option to Income Distribution cum Capital Withdrawal
option and vice versa).

15
 Further, the Trustees shall have a right to prescribe or modify the load structure with prospective
effect subject to a maximum prescribed under the Regulations. For any change in load structure
NAM India will publish an addendum in the newspaper(s) and display it on the website/Investor
Service Centres.

SECTION II
I. INTRODUCTION
A. Definitions/interpretation
For definition details please visit https://mf.nipponindiaim.com/investor-service/downloads/scheme-information-document
B. Risk Factors
SCHEME SPECIFIC RISK FACTORS

(a) Risks associated with investing in Fixed Income Securities

Investment in Fixed Income Securities is subject to price, credit, and interest rate risk. The NAV of the Scheme may be affected, inter
alia, by changes in the market conditions, interest rates, trading volumes, settlement periods and transfer procedures.

Fixed Income Securities are subject to the risk of an issuer’s inability to meet interest and principal payments on its debt obligations
(credit risk). Fixed Income Securities may also be subject to price volatility due to factors such as changes in interest rates, general
level of market liquidity and market perception of the creditworthiness of the issuer, among others (market risk). The Investment Manager
will endeavor to manage credit risk through in-house credit analysis. The Scheme may also use various hedging products from time to
time, as are available and permitted by SEBI, to attempt to reduce the impact of undue market volatility on the Scheme’s portfolio.

The NAV of the Scheme’s Units, to the extent that the Scheme is invested in fixed income securities, will be affected by changes in the
general level of interest rates. When interest rates decline, the value of a portfolio of fixed income securities can be expected to rise.
Conversely, when interest rates rise, the value of a portfolio of fixed income securities can be expected to decline Investing in Fixed
Income securities are subject to the risk of an Issuer’s inability to meet principal and interest payments obligation (credit risk) and may
also be subject to price volatility due to such factors as interest rate sensitivity, market perception of the creditworthiness of the issuer
and general market liquidity (market risk).

The timing of transactions in debt obligations, which will often depend on the timing of the Purchases and Redemptions in the Scheme,
may result in capital appreciation or depreciation because the value of debt obligations generally varies inversely with the prevailing
interest rates.

Interest Rate Risk: As with all debt securities, changes in interest rates will affect the Scheme’s Net Asset Value as the prices of
securities generally increase as interest rates decline and generally decrease as interest rates rise. Prices of longer-term securities
generally fluctuate more in response to interest rate changes than do shorter-term securities. Interest rate movements in the Indian debt
markets can be volatile leading to the possibility of large price movements up or down in debt and money market securities and thereby
to possibly large movements in the NAV.

Credit Risk: Credit risk or default risk refers to the risk which may arise due to default on the part of the issuer of the fixed income
security (i.e. will be unable to make timely principal and interest payments on the security). Because of this risk debentures are sold at
a yield spread above those offered on Treasury securities, which are sovereign obligations and generally considered to be free of credit
risk. Normally, the value of a fixed income security will fluctuate depending upon the actual changes in the perceived level of credit risk
as well as the actual event of default.

Liquidity or Marketability Risk: This refers to the ease at which a security can be sold at or near its true value. The primary measure
of liquidity risk is the spread between the bid price and the offer price quoted by a dealer. Liquidity risk is characteristic of the Indian
fixed income market.

Reinvestment Risk: This risk refers to the interest rate levels at which cash flows received from the securities in the Scheme or from
maturities in the Scheme are reinvested. The additional income from reinvestment is the “interest on interest” component. The risk refers
to the fall in the rate for reinvestment of interim cash flows.

Risks associated with various types of securities

Credit Risk Liquidity Risk Price Risk

Listed Depends on credit quality Relatively Low Depends on duration of instrument
Unlisted Depends on credit quality Relatively High Depends on duration of instrument
Secured Relatively low Relatively Low Depends on duration of instrument
Unsecured Relatively high Relatively High Depends on duration of instrument
Rated Relatively low and depends on the rating Relatively Low Depends on duration of instrument
Unrated Relatively high Relatively High Depends on duration of instrument
Different types of securities in which the scheme would invest as given in the Scheme Information Document carry different levels and
types of risk. Accordingly, the scheme’s risk may increase or decrease depending upon its investment pattern e.g. corporate bonds,
carry a higher level of risk than Government securities. Further even among corporate bonds, bonds which are AAA rated are
comparatively less risky than bonds which are AA rated.

16
(b) Risk associated with G-Sec

Investment in Government securities like all other debt instruments is subject to price and interest rate risk. Generally, when interest
rates rise, prices of fixed income securities fall and when interest rates drop, the prices increase. The extent of fall or rise in prices is a
function of the existing coupon, days to maturity and the increase or decrease in interest rates. Price-risk is not unique to Government
securities but is true for all fixed income securities. Despite a high degree of liquidity in comparison with other debt instruments on
occasions, there could be difficulties in transacting in the market due to extreme volatility or unusual constriction in market volumes or
on occasions when an unusually large transaction has to be put through.

(c) Market Trading Risks

1. Political Risks: Whereas the Indian market was formerly restrictive, a process of deregulation has been taking place over recent
years. This process has involved removal of trade barriers and protectionist measures, which could adversely affect the value of
investments. It is possible that the future changes in the Indian political situation, including political, social or economic instability,
diplomatic developments and changes in laws and regulations could have an effect on the value of investments. Expropriation,
confiscatory taxation or other relevant developments could affect the value of investments.

2. Right to Limit Redemptions: The Trustee, in the general interest of the unit holders of the Scheme offered under this Scheme
Information Document and keeping in view of the unforeseen circumstances/unusual market conditions, may limit the total number
of Units which can be redeemed on any Business Day depending on the total “Saleable Underlying Stock” available with the fund.

3. Asset Class Risk: The returns from the types of securities in which a Scheme invests may underperform returns from the various
general securities markets or different asset classes. Different types of securities tend to go through cycles of out-performance
and under performance in comparison of the general securities markets.

4. Passive Investments: As Nippon India CRISIL-IBX AAA Financial Services – Dec 2026 Index Fund is not actively managed, the
underlying investments may be affected by a general decline in the Indian markets relating to its Underlying Index. The scheme
invests in the securities included in its underlying index regardless of their investment merit. The AMC does not attempt to take
defensive positions in declining markets. Further, the fund manager does not make any judgment about the investment merit nor
shall attempt to apply any economic, financial or market analysis.

(d) Risks associated with segregated portfolio

Liquidity risk

1. Investor holding units of segregated portfolio may not able to liquidate their holding till the time recovery of money from the issuer.

2. Listing of units of segregated portfolio in recognised stock exchange does not necessarily guarantee their liquidity. There may not be
active trading of units in the stock market. Further trading price of units on the stock market may be significantly lower than the prevailing
NAV.

Credit risk

3. Security comprises of segregated portfolio may not realise any value.

(e) Tracking Error and Tracking Difference Risk

Tracking error is defined as the annualized standard deviation of the difference in the daily returns between the Underlying Index and
the NAV. Tracking Difference is defined as the annualized difference of returns between the underlying index and the NAV of the
scheme. Theoretically, the corpus of the Scheme has to be fully invested in the securities comprising the Underlying Index in the same
proportion of weights as the securities have in the Underlying Index. However, deviations from the stated index replication may occur
due to reason that the Scheme has to incur expenses, corporate actions pertaining to the Index including changes to the constituents,
regulatory policies, ability of the Fund Manager to closely replicate the Underlying Index, delay in purchase or nonavailability of
underlying securities forming part of the index etc. Tracking Error/ Tracking Difference may arise including but not limited to the following
reasons:

1. Delay in purchase or non-availability of underlying securities forming part of the index

2. Delay in liquidation of securities which have been removed by the Index.

3. Fees and expenses of the Scheme.

4. Cash balance held by the Scheme due to interest received during subscriptions, redemption, etc.

5. Due to over-weight / under-weight investment in issuances which are part of the Index. Due to mismatch in the weight of the issuers
forming part of the Index and the Scheme throughout life of the Scheme.

6. Corporate actions

7. The Scheme has to invest in the securities in whole numbers and has to round off the quantity of securities. And due to lack of
availability of commensurate quantity /trading volumes of the securities qualifying for the Underlying Index, the fund may face higher
impact cost while deploying inflows /generating cashflows.

8. Dividend/Interest payout.

9. Difference in valuation of underlying securities by the Index Provider and AMC’s valuation providers.

17
 10. Changes in the constituents of the underlying Index. Whenever there are any changes, the Scheme has to reallocate its investment
as per the revised Index but market conditions may not offer an opportunity to rebalance its portfolio to match the Index and such
delay may affect the NAV of the Scheme.

The AMC would monitor the tracking error and tracking difference of the Scheme on an ongoing basis and would seek to minimize
tracking error and tracking difference to the maximum extent possible. The annualized tracking difference averaged over one year period
shall not exceed 1.25%. In case the average annualized tracking difference over one year period for the Scheme is higher than 1.25%,
the same will be brought to the notice of trustees with corrective actions taken by the AMC, if any.

(f) Risks associated with investing in Tri Party Repo on Government securities or Treasury bills through CCIL (TREPS):

The mutual fund is a member of securities segment and Tri-party Repo on Government securities or Treasury bills trade settlement of
the Clearing Corporation of India (CCIL). All transactions of the mutual fund in government securities and in Tri-party Repo on
Government securities or Treasury bills trades are settled centrally through the infrastructure and settlement systems provided by CCIL;
thus reducing the settlement and counterparty risks considerably for transactions in the said segments.

CCIL maintains prefunded resources in all the clearing segments to cover potential losses arising from the default member. In the event
of a clearing member failing to honour his settlement obligations, the default Fund is utilized to complete the settlement. The sequence
in which the above resources are used is known as the “Default Waterfall”.

As per the waterfall mechanism, after the defaulter’s margins and the defaulter’s contribution to the default fund have been appropriated,
CCIL’s contribution is used to meet the losses. Post utilization of CCIL’s contribution if there is a residual loss, it is appropriated from
the default fund contributions of the non-defaulting members.

Thus the scheme is subject to risk of the initial margin and default fund contribution being invoked in the event of failure of any settlement
obligations. In addition, the fund contribution is allowed to be used to meet the residual loss in case of default by the other clearing
member (the defaulting member).

However, it may be noted that a member shall have the right to submit resignation from the membership of the Security segment if it
has taken a loss through replenishment of its contribution to the default fund for the segments and a loss threshold as notified have
been reached. The maximum contribution of a member towards replenishment of its contribution to the default fund in the 7 days (30
days in case of securities segment) period immediately after the afore-mentioned loss threshold having been reached shall not exceed
5 times of its contribution to the Default Fund based on the last re-computation of the Default Fund or specified amount, whichever is
lower.

Further, it may be noted that, CCIL periodically prescribes a list of securities eligible for contributions as collateral by members.
Presently, all Central Government securities and Treasury bills are accepted as collateral by CCIL. The risk factors may undergo change
in case the CCIL notifies securities other than Government of India securities as eligible for contribution as collateral.

(g) Other Scheme Specific Risk factors

1. The liquidity of the Scheme’s investments may be inherently restricted by trading volumes, settlement periods and transfer
procedures. In the event of an inordinately large number of redemption requests, or of a re-structuring of the Scheme’s investment
portfolio, these periods may become significant.

Although, the objective of the Fund is to generate optimal returns, the objective may or may not be achieved. The investors may
note that if the AMC/Investment Manager is not able to make right decision regarding the timing of increasing exposure in debt
securities in times of falling equity market, it may result in negative returns. Given the nature of scheme, the portfolio turnover
ratio may be on the higher side commensurate with the investment decisions and Asset Allocation of the Scheme. At times, such
churning of portfolio may lead to losses due to subsequently negative or unfavorable market movements.

2. Credit And Rating Downgrade Risk, Prepayment And Foreclosures Risk for Senior PTC Series, Prepayment And Foreclosures
Risk for Senior PTC Series, Servicing Agent Risk, Co-mingling Risk, Bankruptcy of the Seller.

3. The NAV of the scheme to the extent invested in Debt and Money market securities are likely to be affected by changes in the
prevailing rates of interest and are likely to affect the value of the Scheme’s holdings and thus the value of the Scheme’s Units.

4. The AMC may, considering the overall level of risk of the portfolio, invest in lower rated/ unrated securities offering higher yields.
This may increase the risk of the portfolio.

5. Securities which are not quoted on the stock exchanges are inherently illiquid in nature and carry a larger amount of liquidity risk,
in comparison to securities that are listed on the exchanges or offer other exit options to the investor, including a put option. The
AMC may choose to invest in unlisted securities that offer attractive yields. This may increase the risk of the portfolio.

6. While securities that are listed on the stock exchange carry lower liquidity risk, the ability to sell these investments is limited by
the overall trading volume on the stock exchanges. Money market securities, while fairly liquid, lack a well-developed secondary
market, which may restrict the selling ability of the Scheme and may lead to the Scheme incurring losses till the security is finally
sold.

7. Investment decisions made by the AMC may not always be profitable, even though it is intended to generate capital appreciation
and maximize the returns by actively investing in equity and equity related securities.

8. The AMC carries out valuation of investments made by the Scheme. The AMC values Securities and assets in the Scheme
according to the valuation policies described in the Statement of Additional Information.

9. The tax benefits available under the scheme are as available under the present taxation laws and are available only to certain
specified categories of investors and that is subject to fulfillment of the relevant conditions. The information given is included for

18
 general purposes only and is based on advise that the AMC has received regarding the law and the practice that is currently in
force in India and the investors and the Unitholders should be aware that the relevant fiscal rules and their interpretation may
change. As is the case with any investment, there can be no guarantee that the tax position or the proposed tax position prevailing
at the time of investment in the Scheme will endure indefinitely. In view of the individual nature of tax consequences, each
Investor/Unitholder is advised to consult his/her own professional tax advisor.

Past performance of the Sponsor/ the AMC/ the Mutual Fund is not indicative of the future performance of the Scheme. Nippon
India CRISIL-IBX AAA Financial Services – Dec 2026 Index Fund is the name of the Scheme and does not in any manner indicate
either the quality of the Scheme; its future prospects or returns.

All IDCW distributions are subject to the availability of distributable surplus in the Scheme. When an investor switches from this
scheme to another scheme on a future date, the scheme specific risk factors applicable to such scheme into which he switches,
will apply.

(h) Tax Issues

The tax benefits described in this Scheme information document are as available under the present taxation laws and are available
subject to relevant conditions. The information given is included only for general purpose and is based on advice received by the AMC
regarding the law and practice currently in force in India and the Unit holders should be aware that the relevant fiscal rules or their
interpretation may change. As is the case with any investment, there can be no guarantee that the tax position or the proposed tax
position prevailing at the time of an investment or redemption in the Scheme will endure indefinitely. In view of the individual nature of
tax consequences, each investor is advised to consult his / her own professional tax advisor

C. Risk mitigation strategies

Risk mitigation measures for portfolio volatility and portfolio concentration:
Index Fund being a passive investment carries less risk as compared to active fund management. The portfolio follows the index and therefore
the level of stock concentration in the portfolio and its volatility would be the same as that of the index, subject to tracking error. Thus, there
is no additional element of volatility or stock concentration on account of fund manager decisions. The Risk Mitigation strategy revolves around
minimizing the Tracking error to the least possible through regular rebalancing of the portfolio, taking into account the change in weights of
stocks in the Underlying Index as well as the incremental collections into / redemptions from the Scheme.
Risk mitigation measures for managing liquidity:
As per data from NSE more than half of market liquidity remains in the index. Therefore, the scheme does not envisage liquidity issues. The
scheme may take exposure to equity derivatives of the index itself or its constituent stocks, when equity shares are unavailable, insufficient
or for rebalancing in case of corporate actions for a temporary period.
Type of Risks Measures/ Strategies to control risks
Debt and Money Market • Credit Risk: Management analysis will be used for identifying company specific risks.
Management’s past track record will also be studied. In order to assess financial risk a detailed
instruments assessment of the issuer’s financial statements will be undertaken.
• Price-Risk or Interest-Rate Risk: The Scheme may primarily invest the debt portion of the portfolio
in short term debt & money market instruments, units of Liquid and Overnight schemes thereby
mitigating the price volatility due to interest rate changes generally associated with long-term
securities.
• Risk of Rating Migration: The Scheme may primarily invest the debt portion of the portfolio in short-
term debt & money market instruments, units of Liquid and Overnight schemes thereby mitigating
the risk of rating migration generally associated with long-term securities.
• Basis Risk: The debt allocation of scheme is primarily as a cash management strategy and such
strategy returns are expected to reflect the very short term interest rate hence investment is done
in short term debt and money market instruments.
• Spread Risk: The Scheme may primarily invest the debt portion of the portfolio in short-term debt
& money market instruments, units of Liquid and Overnight schemes thereby mitigating the risk of
spread expansion which is generally associated with long-term securities.
• Reinvestment Risk: The debt allocation of scheme is primarily as a cash management strategy
and such strategy returns are expected to reflect the very short term interest rate hence investment
is done in short term debt and money market instruments. Reinvestment risks will be limited to the
extent of debt instruments, which will be a very small portion of the overall portfolio value.
• Liquidity Risk: The Scheme may, however, endeavor to minimize liquidity risk by- primarily
investing the debt portion of the portfolio in relatively liquid short-term debt & money market
instruments, units of Liquid and Overnight schemes.
Derivatives The Scheme may invest in derivative for the purpose of hedging, portfolio balancing and other
purposes as may be permitted under the Regulations. Derivatives can be either exchange traded or
can be over the counter
(OTC). Exchange traded derivatives are listed and traded on stock exchanges whereas OTC
derivative transactions are generally structured between two counterparties. Exposure with respect
to derivatives shall bein line with regulatory limits and the limits specified in the SID.
Securities Lending The SLB shall be operated through Clearing Corporation/Clearing House of stock exchanges having
nation-wide terminals who are registered as Approved Intermediaries (AIs).” The risk is adequately
covered as Securities Lending & Borrowing (SLB) is an Exchange traded product. Exchange offers
an anonymous trading platform and gives the players the advantage of settlement guarantee without
the worries of counter party default. However, the Fund may not be able to sell such lent securities

19
 during contract period or have to recall the securities which may be at higher than the premium at
which the security is lent.
Currency The scheme subject to applicable regulations shall have the option to enter into forward contracts for
the purposes of hedging against the foreign exchange fluctuations. The Schemes may employ various
measures (as permitted by SEBI/RBI) including but not restricted to currency hedging (such as
currency options and forward currency exchange contracts, currency futures, written call options and
purchased put options on currencies and currency swaps), to manage foreign exchange movements
arising out of investment in foreign securities.
All currency derivatives trade, if any will be done only through the stock exchange platform.
Repo Transactions This risk is largely mitigated, as the choice of counterparties is largely restricted and their credit rating
is taken into account before entering into such transactions. Also, operational risks are lower as such
trades are settled on a DVP basis. In the event the counterparty is unable to pay back the money to
the scheme as contracted on maturity, the scheme may dispose of the assets (as they have sufficient
margin) and the net proceeds may be refunded to the counterparty.
Securitized Debt In addition to careful scrutiny of credit profile of borrower/pool additional security in the form of
adequate cash collaterals and other securities may be obtained.
REITs and InvITS The fund will comply with the prescribed SEBI limits on exposure. The scheme will endeavor to invest
in liquid REITs & InvITs.
Structured Obligation (SO) & Scheme wise investments as prescribed by the regulations limits the exposure to such securities.
Credit Enhancement (CE) rated Additionally, covenants of such structured papers are reviewed periodically for adequate maintenance
securities of covers as prescribed in the Information Memorandum of such papers.
Segregated Portfolio In such an eventuality it will be AMC’s endeavor to realise the segregated
holding in the best interest of the investor at the earliest.
Government securities and As a member of securities segment and Triparty repo segment, maintenance of sufficient margin is a
Triparty repo on Government mandatory requirement. CCIL monitors these on a real time basis and requests the participants to
securities or treasury bills: provide sufficient margin to enable the trades etc. Also, there are stringent conditions / requirements
before registering any participants by CCIL in these segments. Since settlement is guaranteed the
loss on this account could be minimal though there could be an opportunity loss.
Units of mutual fund schemes Mutual Fund portfolios are generally well diversified and typically endeavor to provide liquidly on a
T+1/T+2 basis and aim to mitigate any risks arising out of underlying investments. Commodity ETF’s
are quite liquid as they can either be created / redeemed with the fund house or traded on the
exchange.
Market/Volatility The Scheme, being a Target Maturity Date Index structure, is expected to follow a Buy and Hold
investment strategy in a passive manner. Based on that, we expect to mitigate intermittent price
Risk volatility in the underlying assets. Investors who remain invested until the maturity of the Scheme is
expected to mitigate market / volatility risk to large extent.
Credit risk Management analysis will be used for identifying company specific risks. Management’s past track
record will also be studied. In order to assess financial risk a detailed assessment of the issuer’s
financial statements will be undertaken.
Liquidity risk The Scheme may, however, endeavor to minimize liquidity risk by- primarily investing the debt portion
of the portfolio in relatively liquid short-term debt & money market instruments, units of Liquid and
Overnight schemes.
Interest rate risk The Scheme, being a Target Maturity Date Index structure, is expected to follow a Buy and Hold
investment strategy in a passive manner. All investments will be in line with the maturity date of the
Scheme and the underlying Index. This should help mitigate the interest rate risk.
Tracking errors Over a short period, the Scheme may carry the risk of variance between portfolio composition and
Benchmark. The objective of the Scheme is to closely track the performance of the Underlying Index
over the same period, subject to tracking error. The Scheme would endeavor to maintain a low
tracking error by actively aligning the portfolio in line with the Index.

While these measures are expected to mitigate the above risks to a large extent, there can be no assurance that these risks would be
completely eliminated.
The measures mentioned above is based on current market conditions and may change from time to time based on changes in such
conditions, regulatory changes and other relevant factors. Accordingly, our investment strategy, risk mitigation measures and other information
contained herein may change.in response to the same.
Risk Control: Index Fund being a passive investment and portfolio follows the index and therefore the level of stock concentration in the
portfolio and its volatility would be the same as that of the index, subject to tracking error. Thus, there is no additional element of volatility or
stock concentration on account of fund manager decisions. The Risk Mitigation strategy revolves around minimizing the Tracking error to the
least possible through regular rebalancing of the portfolio, taking into account the change in weights of stocks in the Underlying Index as well
as the incremental collections into / redemptions from the Scheme.

20
II. Information about the scheme:
A. Where will the scheme invest

Sr. No. Instruments in which the scheme will invest

1 Instruments representing the CRISIL-IBX AAA Financial Services Index – Dec 2026
Cash & Cash Equivalents including Government Securities, T-Bills and Repo on Government Securities having
2
residual maturity of less than 91 days
Unrated debt and Money Market Instruments including Tri-Party Repo/ Repo/Reverse Repo, certificate of
3 deposit, commercial papers, commercial bills, treasury bills, Government securities issued by Central and/or
State Government having an unexpired maturity up to one year, call or notice money, usance bills (BRDS)
4 Schemes which invest in the money market securities or Liquid Schemes
Investment in Instruments forming part of CRISIL-IBX AAA Financial Services Index – Dec 2026: The Scheme will invest in instruments
representing the CRISIL-IBX AAA Financial Services Index – Dec 2026

Investment in Cash & Cash Equivalents: The Scheme may invest in Cash and Cash Equivalents which include Government Securities,
T-Bills and Repo on Government Securities having residual maturity of less than 91 days

Investment in unrated debt and money market instrument: The Scheme may also invest in Money market instruments including Tri-Party
Repo/ Repo/Reverse Repo, certificate of deposit, commercial papers, commercial bills, treasury bills, Government securities issued by
Central and/or State Government having an unexpired maturity up to one year, call or notice money, usance bills (BRDS) and any other
similar instruments as specified by the RBI/SEBI from time to time.

Investment in Schemes which invest in the money market securities or Liquid Schemes: The Scheme may also invest in Schemes
which invest in the money market securities or Liquid Schemes. The Scheme may invest upto 5% net assets in money market / liquid
schemes without charging any fees, provided that aggregate inter-scheme investment made by all schemes under the same management
company or in schemes under the management of any other AMC shall not exceed 5% of the NAV of the Mutual Fund in accordance with
Clause 4 of Seventh Schedule of SEBI (Mutual Funds) Regulations, 1996

The Scheme shall replicate the underlying debt index subject to the requirements as specified under para 3.5 of SEBI Master Circular on
Mutual Funds dated June 27, 2024

In case of non-availability of the securities forming part of Index, the Scheme shall invest in issuances of issuer(s) not forming part of the
index with duration, yield and credit rating in line with that of the non-available issuances of issuer(s) forming part of the index. Such
investment in issuances of issuer(s) not forming part of the index shall be maximum of 20% of the aggregate portfolio of the Scheme.

Debt market in India

At present, the Indian debt market has following types of Issuers / Instruments. Their listing status, current yield, liquidity Status and risk
profile is tabled below
Brief details about the instruments are given below as on Oct 1, 2024.
Instruments Listed/ Unlisted Current Yield Range As on Liquidity Risk profile
Oct 1, 2024
Central Government Securities Listed 6.53% - 6.95% High Low
Corporate Debentures / PSU Bonds Listed 7.24%-7.69% Moderate Low
CDs (short term) Unlisted 7.00% - 7.58% High Low
Call Money Unlisted 5.10%- 6.55% High Low
Mibor linked Papers* Listed 100-140 bps Low Low

* Range of spread of 5 year AAA Corporate bond and OIS papers of similar maturity
A brief description about yields presently available on Central Govt. Securities /Bonds & Debentures of various maturities is as follows:
Annualised yields (as on Oct 1, 2024) are:
Yrs =< 1yr 1yr - 5yr 5yr - 10yrs 10yr - 30 yrs
Central Government securities 6.64-6.76% 6.75%-6.92% 6.76%-6.89% 6.88%-7.07%

Debentures / Bonds (AAA rated) 7.65%-7.69% 7.36%-7.64% 7.24%-7.40% -

THE PRICE AND YIELD ON VARIOUS DEBT INSTRUMENTS FLUCTUATE FROM TIME TO TIME DEPENDING UPON THE MACRO
ECONOMIC SITUATION, INFLATION RATE, OVERALL LIQUIDITY POSITION, FOREIGN EXCHANGE SCENARIO, ETC. ALSO, THE
PRICE AND YIELD VARIES ACCORDING TO MATURITY PROFILE, CREDIT RISK ETC.
B. What are the investment restrictions?
The investment policy of the scheme complies with the rules, regulations and guidelines laid out in SEBI (Mutual Funds) Regulations, 1996.
As per the Regulations, specifically the Seventh Schedule, the following investment limitations are currently applicable:
1. Transfers of investments from one scheme to another scheme in the Mutual Fund shall be allowed only if:

a) Such transfers are done at the prevailing market price for quoted instruments on spot basis;

b) The securities so transferred shall be in conformity with the investment objectives & policies of the Scheme to which such transfer
has been made.

21
 Such transfer would be in accordance with the Clause 12.30 of SEBI Master Circular dated June 27, 2024 or any other circular issued
by SEBI from time to time.

2. The Scheme may invest in another scheme under the same asset management company or in any other mutual fund without charging
any fees, provided the aggregate inter scheme investments made by all Schemes under the same management company or in schemes
under the management of any other AMC shall not exceed 5% of NAV of the Mutual Fund. [Provided that this clause shall not apply to
any fund of funds scheme.]

3. The Mutual Fund shall buy and sell securities on the basis of deliveries and shall in all cases of purchases, take delivery of relative
securities and in all cases of sale, deliver the securities and shall in no case put itself in a position whereby it has to make short sale or
carry forward transactions or engage in badla finance.

4. The Fund shall get the securities purchased or transferred in the name of the Fund on account of the concerned scheme, wherever
investments are intended to be of a long-term nature.

5. The fund’s schemes shall not make any investment in:

a) Any unlisted security of an associate or group company of the sponsor

b) Any security issued by way of private placement by an associate or group company of the sponsor

6. The Scheme shall not invest in a fund of funds scheme.

7. Pursuant to Clause 3.5 of SEBI Master Circular dated June 27, 2024 the scheme shall be considered to be replicating the underlying
index, provided For portion of the portfolio comprising of corporate debt securities

i. Investment in securities of issuers accounting for at least 60% of weight in the index, represents at least 80% of net asset value
(NAV) of the ETF/ Index Fund.

ii. At no point of time the securities of issuers not forming part of the index exceed 20% of NAV of the ETF/ Index Fund.

iii. The investment in various securities are aggregated at issuer level for the purpose of exposure limits.

iv. Further, the exposure limit to a single issuer by the ETF/ Index Fund shall be as under:

a) For AAA rated securities, exposure to a single issuer by the ETF/ Index Fund shall not have more than 15% weight in the
portfolio.

b) For AA rated securities, exposure to a single issuer by the ETF/ Index Fund shall not have more than 12.5% weight in the
portfolio.

c) For A and below rated issuances, exposure to a single issuer by the ETF/ Index Fund shall not have more than 10% weight
in the portfolio.

v. Total exposure of the ETF/ Index Fund in a particular group (excluding investments in securities issued by PSUs, PFIs and PSBs)
shall not exceed 25% of NAV of the scheme. For the purpose of this provision, ‘group’ shall have the same meaning as defined
in Clause 12.9.3.3 of SEBI Master Circular dated June 27, 2024.

vi. Total exposure of the ETF/ Index Fund in a particular sector (excluding G-sec, t-Bills, SDLs and AAA rated securities issued by
PSUs, PFIs and PSBs) shall not exceed 25% of the NAV of the scheme. However, this provision shall not be applicable for
schemes based on sectoral or thematic debt indices.

vii. The Macaulay Duration (hereinafter referred as “duration”) of the portfolio of the ETF/ Index Fund replicates the duration of the
underlying index within a maximum permissible deviation of +/- 10%.

In case of Target Maturity (or Target Date) ETFs/ Index Funds, the following norms for permissible deviation in duration shall
apply:
a) For portfolio with residual maturity of greater than 5 years: Either +/- 6 months or +/- 10% of duration, whichever is higher.

b) For a portfolio with residual maturity of up to 5 years: Either +/- 3 months or +/- 10% of duration, whichever is higher.

c) However, at no point of time, the residual maturity of any security forming part of the portfolio shall be beyond the target
maturity date of the ETF/ Index Fund.

viii. The rating wise weightage of debt securities in the portfolio of ETF/ Index Fund replicates the underlying index. However, greater
allocation of up to 10% of the portfolio may be made to higher rated debt securities.

ix. Rebalancing Period:

For rebalancing the portfolio of the ETF/ Index Fund, the following norms shall apply:
a) In case of change in constituents of the index due to periodic review, the portfolio of ETF/ Index Funds be rebalanced within 7 calendar
days.

b) In case the rating of any security is downgraded to below the rating mandated in the index methodology (including downgrade to below
investment grade), the portfolio be rebalanced within 30 calendar days.

c) In case the rating of any security is downgraded to below investment grade, the said security may be segregated in accordance with
Clause 4.4 of SEBI Master Circular dated June 27, 2024 on “Creation of segregated portfolio in mutual fund schemes.

8. Pending deployment of funds of the scheme in securities in terms of the investment objectives and policies of the scheme, the Mutual
Fund can invest the fund of the scheme in short term deposits of scheduled commercial banks subject to the guidelines as applicable
from time to time.

22
 Pursuant to the Clause 12.16 of SEBI Master Circular dated June 27, 2024, where the cash in the scheme is parked in short term
deposits of Scheduled Commercial Banks pending deployment, the scheme shall abide by the following guidelines:

• “Short Term” for parking of funds shall be treated as a period not exceeding 91 days.

• Such short-term deposits shall be held in the name of the Scheme.

• The Scheme shall not park more than 15% of the net assets in short term deposit(s) of all the scheduled commercial banks put
together. However, such limit may be raised to 20% with prior approval of the Trustee.

• Parking of funds in short term deposits of associate and sponsor scheduled commercial banks together shall not exceed 20% of
total deployment by the Mutual Fund in short term deposits.

• The scheme shall not park more than 10% of the net assets in short term deposit(s), with any one scheduled commercial bank
including its subsidiaries.

• The scheme shall not park funds in short term deposit of a bank, which has invested in the Scheme. Further, the bank in which a
scheme has short term deposit will not invest in the said scheme until the scheme has short term deposit with the bank.

• NAM India will not charge any investment management and advisory fees for parking of funds in short term deposits of scheduled
commercial banks.

9. In case any company has invested more than 5% of the net asset value of a scheme, the investment made by that scheme or by any
other scheme of the same Mutual Fund in that company or its subsidiaries, if any, shall be brought to the notice of the Trustees by NAM
India and be disclosed in the half-yearly and annual accounts with justification for such investment provided that the latter investment
has been made within one year of the date of the former investment calculated on either side.

10. The Scheme will comply with any other regulations applicable to the investments of mutual funds from time to time.

11. The cumulative gross exposure through Money Market instruments shall not exceed 100% of the net assets of the scheme as per
Clauses 12.24 and 12.25 of SEBI Master Circular dated June 27, 2024.

12. The Fund shall not borrow except to meet temporary liquidity needs of the Fund for the purpose of repurchase / Redemption of Units or
payment of interest and IDCW to the Unitholders.

Provided that the Fund shall not borrow more than 20% of the net assets of any individual Scheme and the duration of the borrowing
shall not exceed a period of 6 months.

In case of borrowing through repo transactions the tenure of such transaction shall not exceed a period of six months.

13. The Scheme shall not invest in unlisted debt instruments including commercial papers (CPs), other than (a) government securities, (b)
other money market instruments and (c) derivative products such as Interest Rate Swaps (IRS), Interest Rate Futures (IRF), etc. which
are used by mutual funds for hedging.

However, mutual fund schemes may invest in unlisted Non-Convertible Debentures (NCDs) not exceeding 10% of the debt portfolio of
the scheme subject to the condition that such unlisted NCDs have a simple structure (i.e. with fixed and uniform coupon, fixed maturity
period, without any options, fully paid up upfront, without any credit enhancements or structured obligations) and are rated and secured
with coupon payment frequency on monthly basis.

At NIMF, to ensure robust risk management and adequate portfolio diversification internal Investment policy for various schemes have
been framed. The investment policy at NIMF specifies limits both on overall basis (across all schemes) as well as on individual scheme
level

All investment restrictions stated above shall be applicable at the time of making investment. The Scheme will not enter into any
transaction, which exposes it to unlimited liabilities or results in the encumbering of its assets in any way so as to expose them to
unlimited liability.

These investment limitations / parameters as expressed / linked to the net asset / net asset value / capital, shall in the ordinary course,
apply as at the date of the most recent transaction or commitment to invest. Changes do not have to be effected merely because of
appreciation or depreciation in value or by reason of the receipt of any rights, bonuses or benefits in the nature of capital or of any
scheme of arrangement or for amalgamation, reconstruction or exchange, or at any repayment or redemption or other reason outside
the control of the Fund, any such limits would thereby be breached. If these limits are exceeded for reasons beyond its control, AMC
shall adopt as a priority objective the remedying of that situation, taking due account of the interests of the Unitholders. However, all
investments of the scheme will be made in accordance with the Regulations including Schedule VII thereof and the Fundamental
Attributes of this Scheme. The Trustee Company in consultation with AMC may alter these above stated limitations from time to time,
and also to the extent the Regulations change, so as to permit the Scheme to make its investments in the full spectrum of permitted
investments in order to achieve its investment objectives & policies. As such, all investments of the Scheme will be made in accordance
with the Regulations including Schedule VII thereof and the Fundamental Attributes of this Scheme.

Investment by the AMC in the Scheme: In terms of sub-regulation 16(A) in Regulation 25 of SEBI (Mutual Funds) Regulations,1996 read
along with Clause 6.9 of the SEBI Master Circular dated June 27, 2024 and AMFI Best Practice Guidelines Circular No.100 /2022-23 dated
April 26, 2022 on ‘Alignment of interest of AMCs with the Unitholders of the Mutual Fund schemes’ , the AMC shall invest its own funds in
the scheme(s) based on the risks associated with the schemes, as may be specified by the SEBI from time to time. Further, the AMC shall
not charge any fees on its investment in the Scheme (s), unless allowed to do so under SEBI Regulations in the future.
C. Fundamental Attributes:

Following are the Fundamental Attributes of the scheme, in terms of Clause 1.14 of SEBI Master Circular for Mutual Funds dated
June 27, 2024:

(i) Type of a scheme - An open-ended Target Maturity Index Fund investing in constituents of CRISIL-IBX AAA Financial Services
Index – Dec 2026. A Moderate Interest Rate Risk and Relatively Low Credit Risk.

23
 (ii) Investment Objective
• Main Objective:- The investment objective of the scheme is to provide investment returns that are commensurate with the
total returns of the securities as represented by the CRISIL-IBX AAA Financial Services Index – Dec 2026 before expenses,
subject to tracking errors. There is no assurance that the investment objective of the Scheme will be achieved.
• Investment pattern:- For Detailed description, please refer to Section I - Part II – B (HOW WILL THE SCHEME
ALLOCATE ITS ASSETS?)
(iii) Terms of Issue
• Liquidity provisions such as listing, repurchase, redemption.
Being an open-ended scheme, the Units of the Scheme will not be listed on any stock exchange, at present. The Trustee may,
at its sole discretion, cause the Units under the Scheme to be listed on one or more Stock Exchanges.

The Scheme will offer for Subscription/ Switch-in and Redemption / Switch-out of Units on every Business Day on an ongoing
basis, within five business days of allotment. The redemption or repurchase proceeds shall be transferred to the unitholders
within 3 working Days from the date of redemption or repurchase.

• Aggregate fees and expenses charged to the scheme.

i) New Fund Offer (NFO) Expenses : Refer to Section I - Part-III - B
ii) Annual Scheme Recurring Expenses : Refer to Section I - Part-III - C
• Any safety net or guarantee provided. – Not Applicable

In accordance with Regulation 18(15A) of the SEBI (MF) Regulations and Clause 1.14.1.4 of SEBI Master Circular for Mutual
Funds dated June 27, 2024, the trustees shall ensure that no change in the fundamental attributes of the Scheme, the fee and
expenses payable or any other change which would modify the Scheme and affect the interests of Unitholders is carried out by the
AMC, unless it complies with sub-regulation (26) of Regulation 25 of the SEBI (MF) Regulations.
Further, in accordance with Regulation 25 (26) of the SEBI (MF) Regulations, the AMC shall ensure that no change in the fundamental
attributes of the Scheme or the trust or fee and expenses payable or any other change which would modify the Scheme and affect the
interests of Unitholders shall be carried out unless:
(i) A written communication about the proposed change is sent to each Unitholder and an advertisement is issued in one English
daily newspaper having nationwide circulation as well as in a newspaper published in the language of the region where the Head
Office of the Mutual Fund is situated; and
(ii) The Unitholders are given an option for a period of atleast 30 calendar days to exit at the prevailing Net Asset Value without any
exit load.
In addition to the above, for bringing change in the fundamental attributes of the scheme, the comments shall be taken from SEBI
before bringing such change(s).
D. Index methodology (for index funds, ETFs and FOFs having one underlying domestic ETF):
About the Index
Introduction

Target Date 31st December 2026

Eligible Period Securities maturing in 6-month period ending 31st December 2026

Asset Allocation AAA - Corporate Bonds: 100%

Base Date 6th October 2024

Base Index Value 1000

The index seeks to track the performance of AAA issuers from the financial services sector maturing near target date of the index. This
is a sectoral index consisting of only issuers from financial services sector

Methodology

Eligibility criteria:

• AAA-rated corporate bond issuers in the financial services sector with conservative rating of AAA only.
• Perpetual bonds, Floating rate bonds, Tax free bonds, CE/SO Rated, Partly Paid, Partial Redemption, Securitized debt and bonds
with embedded call/put options are excluded from the universe of bonds.
• Issuing entity should be domiciled in India and should satisfy either of the following amount outstanding criteria:

1. HFC issuers as available in the list mentioned on the nhb.org.in website with minimum outstanding amount of Rs.7000 Cr
in all the bonds of the issuer across maturity.
2. NBFC issuers as available in the RBI list of Non-Banking Financial Companies (NBFCs) with minimum Outstanding amount
of Rs.7000 Cr in all the bonds of the issuer across maturity.
3. Public Financial Institutions (PFIs) owned and managed by GOI as available in the RBI list of Public Financial Institutions
(PFIs) with minimum outstanding amount of Rs.7000 Cr in all the bonds of the issuer across maturity.
4. Private and public sector banks as per RBI with minimum outstanding amount of Rs.3,30,000 Cr in all the bonds of the
issuer across maturity.

24
Securities Selection Methodology:

Issuer Selection:
1. All eligible financial services corporate bond issuers as per the eligibility criteria listed above and having bonds maturing in the
eligible period will be shortlisted as on 27th September 2024.
2. Up to 20 most liquid issuers will be selected based on liquidity score. If less than 8 issuers are available, remaining issuers will
be selected based on the total amount outstanding of issuers having securities in the eligible period.
3. Liquidity score for issuers will be calculated based on the volume traded (70%), number of trades (15%) and days traded (15%),
for all the securities of the issuer across maturity, in the previous 12 months, as on 27th September 2024.

Security Selection:
1. Only listed securities will be eligible to be part of the Index.
2. For each issuer selected, one security having maturity nearest to the target date as evaluated during the inception date of the
index shall be selected, from securities maturing in eligible period, with minimum amount outstanding of Rs. 100 crores.

Weighing Approach:
1. Weights to individual securities will be divided equally.
2. Weights to the issuers will be subject to group caps of 25% each as evaluated during the inception date of the index. The 25%
group caps are not applicable to PSUs, PFIs and PSBs as mentioned in the SEBI circular SEBI/HO/IMD/DOF2/P/CIR/2022/69
3. The weights of the issuers may change due to relative price movements which will be reset on a semi annual basis (on the first
business day of the semi annual period).
4. Any cash flows accruing to the index on account of coupon cash flows, will be reinvested on the same day in the index in the
proportion of existing weights.
5. Each issuer will be subject to a cap of 15%

Rebalancing and Downgrade:

• The rebalancing review will be done on a semi-annual basis (April, October).
• During the semi-annual rebalancing, if the count of issuers is below 20 and a new issuer meets the eligibility criteria as mentioned
above and comes within the top 8 rank based on liquidity score of previous 12 months, then only it will be added to the index till
the count becomes 20. The weights of the issuers will be reset as mentioned above during the semi-annual rebalancing (subject
to group and issuer caps)
• The security of the newly added issuer within the eligibility period and nearest to the target date of the index will be selected.
• The selected securities of each issuer in the index will be held till maturity unless there is another security of the same issuer with
maturity date nearer to the target date of the index during semiannual rebalancing in which case it will be replaced by the later.
• If the issuer cap or group cap is being breached, additional / excess amount may be proportionately invested in the rest of the
securities of the index.
• In case if any AAA issuer gets downgraded, such issuer shall be excluded from the index within 5 working days.
• When the issuer is excluded in between rebalancing, the weight of the issuer will be redistributed proportionally in rest of the
issuers of the index, subject to the caps. If an issuer gets excluded in between rebalancing, new issuer will be added during the
next rebalancing based on the issuer addition criteria mentioned above.
1. As the index includes securities that shall mature during the six month period ending on the final maturity date of the index, any
proceeds from the redemption of securities prior to the final maturity date of the index shall be reinvested according to following
waterfall approach: -
a. The proceeds from security redemption will be reinvested in the longest maturity outstanding security issued by the same
issuer (SDL in case of state/UT and Bond/money market instrument in case of corporate bond) and maturing on or just
before the index maturity date with the same weightage. This will be subject to single issuer limit in compliance with the
Norms for Debt Exchange Traded Funds (ETFs)/Index Funds announced by SEBI vide circular no.
SEBI/HO/IMD/DOF2/P/CIR/2022/69 on May 23, 2022.
b. In case a replacement in the form of outstanding security of the same issuer cannot be found for reinvestment then the
proceeds from such redemption shall be reinvested in the remaining portfolio on the same date in the proportion of the
existing weights. This will be subject to single issuer limit in compliance with the Norms for Debt Exchange Traded Funds
(ETFs)/Index Funds announced by SEBI vide circular no. SEBI/HO/IMD/DOF2/P/CIR/2022/69 on May 23, 2022
c. In case due to any reason, it is not possible to meet any norms as prescribed by SEBI vide circular no.
SEBI/HO/IMD/DOF2/P/CIR/2022/69 dated May 23, 2022, then the proceeds from such redemption shall be reinvested in a
T-Bill maturing on or just before the index maturity date
d. If the last outstanding security (including T-Bill) in the index matures before the final index maturity date, all redemption
proceeds shall be re-invested in The Clearing Corporation of India Ltd.’s (CCIL) TREPS overnight rate tracked by CRISIL
Overnight index for any subsequent days till the maturity of the index.

The effective date of rebalancing shall be first working day of the rebalancing Period.
Any index having maturity date on a weekend (Saturday or Sunday), on a holiday, or on an unplanned market off, will mature on the
next working day.

When the securities in the scheme's portfolio are nearing maturity, the scheme must adhere to a waterfall mechanism. Due to corporate
bonds entering a non-trading phase from the record date until maturity, fund managers are unable to sell these securities during this
period. To manage liquidity and ensure smooth fund operations and fund redemption if any reported during the shut period of the bond
part of the portfolio, the fund manager would follow the waterfall mechanism as outlined in the index methodology prior to shut period
of the securities instead of after maturity of such bonds.

To achieve this, the fund manager must sell these securities before the record date and reinvest the proceeds as per the waterfall
mechanism provided in the Index methodology provided by the index provider.

25
 This approach is intended to effectively manage liquidity and maintain seamless fund operations during redemption periods in target
maturity index funds and ETFs nearing final maturity.

Index Service Provider: CRISIL Research

Constituents as on September 30, 2024:

Sr. Maturity Index

ISIN Issuer Category Sector
No. date Weightage (%)
INE261F08ED0 National Bank for Agriculture & 30-Dec-26 5.00% AAA FINANCIAL INSTITUTION
1
Rural Development Bonds
INE556F08KJ7 Small Industries Development 22-Sep-26 5.00% AAA FINANCIAL INSTITUTION
2
Bank Of India Bonds
INE020B08AC9 Rural Electrification 30-Dec-26 5.00% AAA FINANCIAL INSTITUTION
3
Corporation Ltd. Bonds
INE134E08IL6 Power Finance Corporation 25-Sep-26 5.00% AAA FINANCIAL INSTITUTION
4
Ltd. Bonds
INE115A07KY4 LIC Housing Finance Ltd. 16-Dec-26 5.00% AAA HOUSING FINANCE
5
Bonds COMPANY
INE053F08338 Indian Railway Finance 24-Nov-26 5.00% AAA FINANCIAL INSTITUTION
6
Corporation Ltd. Bonds
INE756I07EU9 HDB Financial Services Ltd. 08-Dec-26 5.00% AAA NON BANKING FINANCIAL
7
Bonds COMPANY (NBFC)
INE296A08821 Bajaj Finance Ltd. 02-Dec-26 5.00% AAA NON BANKING FINANCIAL
8
Bonds COMPANY (NBFC)
INE860H08DW7 Aditya Birla Finance Ltd. 20-Nov-26 5.00% AAA NON BANKING FINANCIAL
9
Bonds COMPANY (NBFC)
INE306N08193 Tata Capital Ltd. 11-Aug-26 5.00% AAA NON BANKING FINANCIAL
10
Bonds COMPANY (NBFC)
INE916DA7SP4 Kotak Mahindra Prime Ltd. 21-Dec-26 5.00% AAA NON BANKING FINANCIAL
11
Bonds COMPANY (NBFC)
INE557F08FR8 National Housing Bank 23-Jul-26 5.00% AAA FINANCIAL INSTITUTION
12
Bonds
INE774D07VD3 Mahindra & Mahindra Financial 15-Sep-26 5.00% AAA NON BANKING FINANCIAL
13
Services Ltd. Bonds COMPANY (NBFC)
INE891K07879 Axis Finance Ltd. 11-Dec-26 5.00% AAA NON BANKING FINANCIAL
14
Bonds COMPANY (NBFC)
INE377Y07490 Bajaj Housing Finance Ltd. 09-Sep-26 5.00% AAA HOUSING FINANCE
15
Bonds COMPANY
INE033L07IC6 Tata Capital Housing Finance 18-Sep-26 5.00% AAA HOUSING FINANCE
16
Ltd. Bonds COMPANY
INE027E07BC8 L&T Finance Ltd. 23-Dec-26 5.00% AAA NON BANKING FINANCIAL
17
Bonds COMPANY (NBFC)
INE660A07RQ0 Sundaram Finance Ltd. 26-Oct-26 5.00% AAA NON BANKING FINANCIAL
18
Bonds COMPANY (NBFC)
INE975F07IO5 Kotak Mahindra Investments 27-Nov-26 5.00% AAA NON BANKING FINANCIAL
19
Ltd. Bonds COMPANY (NBFC)
INE514E08FG5 Export Import Bank Of India 01-Sep-26 5.00% AAA FINANCIAL INSTITUTION
20
Bonds

Source: CRISIL
E. Principles of incentive structure for market makers (for ETFs) - Not Applicable.
F. Floors and ceiling within a range of 5% of the intended allocation against each sub class of asset, as per clause 13.6.2 of SEBI
master circular for mutual funds dated June 27, 2024 (only for close ended debt schemes) - Not Applicable.
G. Other Scheme Specific Disclosures:

Listing and transfer of units Listing:-

Being an open-ended scheme, the Units of the Scheme will not be listed on any stock
exchange, at present. The Trustee may, at its sole discretion, cause the Units under the
Scheme to be listed on one or more Stock Exchanges
Transfer of units:-
Units held by way of an Account Statement can be transferred. Units held in non demat
form / by way of an Account Statement can be transferred. For units held in non - demat
form, unit holders intending to transfer units will have to get the units Certified by
submitting designated form. On receipt of the said request, RTA will mark the underlying
units as Certified Units and will issue a Certified SOA for those units. The AMC / RTA,
on production of Designated Transfer Form together with relevant Certified SOA and
requisite documents, register the transfer and provide the Certified SOA to the
transferee within 10 business days from the date of such production. Investors may note
that stamp duty and other statutory levies, if any, as applicable from time to time shall
be borne by the transferee.
If a person becomes a holder of the Units consequent to operation of law, or upon
enforcement of a pledge, the Fund will, subject to production of satisfactory evidence,
effect the transfer, if the transferee is otherwise eligible to hold the Units. Similarly, in

26
 cases of transfers taking place consequent to death, insolvency etc., the transferee’s
name will be recorded by the Fund subject to production of satisfactory evidence.
Units held in Demat form are transferable in accordance with the provisions of SEBI
(Depositories and Participants) Regulations, as may be amended from time to time.
Transfer can be made only in favor of transferees who are eligible of holding units and
having a Demat Account.

The delivery instructions for transfer of units will have to be lodged with the DP in
requisite form as may be required from time to time and transfer will be effected in
accordance with such rules / regulations as may be in force governing transfer of
securities in dematerialized mode.
Dematerialization of units The Unit holders are given an Option to hold the units by way of an Account Statement
(Physical form) or in Dematerialized (‘Demat/ non demat’) form.

PHYSICAL:
Mode of holding shall be clearly specified in the KIM cum application form.
DEMAT:
Unit holders opting to hold the units in demat form must provide their Demat Account
details in the specified section of the application form. The Unit holder intending to hold
the units in Demat form are required to have a beneficiary account with the Depository
Participant (DP) (registered with NSDL / CDSL as may be indicated by the Fund at the
time of launch of the Plan) and will be required to indicate in the application the DP’s
name, DP ID Number and the beneficiary account number of the applicant with the DP.

In case of subscription is through SIP the units will be allotted based on the applicable
NAV as per the SID and will be credited to investors Demat account on weekly basis
upon realization of funds. For e.g. Units will be credited to investors Demat account
every Monday for realization status received in last week from Monday to Friday. This
Option shall be available in accordance with the provision laid down in the respective
schemes and in terms of guidelines/ procedural requirements as laid by the Depositories
(NSDL/CDSL) / Stock Exchanges (NSE / BSE) from time to time.
In case, the Unit holder desires to hold the Units in a Dematerialized /Rematerialized
form at a later date, the request for conversion of units held in non-demat form into
Demat (electronic) form or vice-versa should be submitted alongwith a Demat/Remat
Request Form to their Depository Participants.
Units held in demat form will be transferable (except in case of Equity Linked Savings
Schemes)
Demat option will not be available for subscription through Micro SIP.
Minimum Target amount (This is the
minimum amount required to operate
the scheme and if this is not collected Rs. 10 Crores
during the NFO period, then all the
investors would be refunded the amount
invested without any return.)
Maximum Amount to be raised (if any) Not Applicable
Dividend Policy (IDCW) When IDCWs are declared with respect to the Scheme, the net assets attributable to
Unitholders in the respective Income Distribution cum Capital Withdrawal Plan/option
will stand reduced by an amount equivalent to the product of the number of units eligible
for IDCW and the gross amount of IDCW per unit declared on the record date. The NAV
of the Unitholders in the Growth option will remain unaffected by the payment of IDCWs.
NAM India, in consultation with the Trustees reserves the right to discontinue/ add more
plans/ options at a later date subject to complying with the prevailing SEBI guidelines
and Regulations.
Process for declaration of IDCW in Unlisted Schemes/Plans
1. Quantum of IDCW and the record date shall be fixed by the trustees in their
meeting. IDCW so decided shall be paid, subject to availability of distributable
surplus. The IDCW amounts can be distributed out of investors capital (Equalization
Reserve), which is part of sale price that represents realized gains.
2. Record date shall be the date which will be considered for the purpose of
determining the eligibility of investors whose names appear on the register of unit
holders for receiving IDCWs. Further, the NAV shall be adjusted to the extent of
IDCW distribution and statutory levy, if any, at the close of business hours on record
date.
3. Within one calendar day of the decision by the trustees, AMC shall issue notice to
the public communicating the decision including the record date.
4. The record date shall be 2 working days from the date of publication in at least one
English newspaper or in a newspaper published in the language of the region
where the Head Office of the mutual fund is situated, whichever is issued earlier.

27
 5. Before the issue of such notice, no communication indicating the probable date of
IDCW declaration in any manner whatsoever may be issued by any mutual fund or
distributors of its products.
IDCWs as and when declared will be paid to eligible unitholders, within 7 working days
from the record date. In the event of failure to initiate of IDCW payments within 7 working
days from the record date, the AMC shall pay an interest @ 15 per cent per annum of
the relevant IDCW amount to the applicable Unit holders. Interest for the delayed
payment of IDCW shall be calculated from the record date.
Allotment (Detailed procedure) All the applicants whose subscription proceeds have been realised will receive full and
firm allotment of Units, provided their applications are valid in all other respects. NAM
India retains the discretion to reject any application, subject to applicable SEBI / AMFI
guidelines, circulars.
NAM India shall allot the units to the applicant whose Purchase or Switch application
has been accepted and also send confirmation specifying the number of units allotted to
the applicant by way of email and/or SMS’s to the applicant’s registered email address
and/or mobile number as soon as possible but not later than five working days from the
date of closure of the new fund offer period.
Where units are held by investor in dematerialised form, the demat statement issued by
the DP would be deemed adequate compliance with the requirements in respect of
dispatch of statements of account.
All Units will rank pari passu amongst Units within the same Scheme / Plan as to assets,
earnings and the receipt of IDCW distribution, if any.
Refund If any subscription/ switch application is rejected, full amount will be refunded within five
business days of closure of the NFO. No interest will be payable on any subscription
money refunded within five business days from the closure of NFO.
If refunded later than five business days, interest @ 15% p.a. for the delay period will be
paid to the applicant and borne by the AMC for the period from the day following the
date of expiry of five business days until the actual date of the refund.
Refund will be initiated in the name of the applicant in the case of a sole applicant and
in the name of the first applicant in all other cases. In both cases, the bank account
number and bank name, as specified in the application, will be considered for refund.
The bank and/ or collection charges, if any, will be borne by the applicant. All the refund
payments will be initiated in the manner as may be specified by SEBI from time to time.
The bank and/ or collection charges, if any, will be borne by the applicant. All the refund
payments will be sent by registered post or courier service or as required under The
Regulations.
Who can invest The following persons (subject, wherever relevant, to purchase of units being permitted
This is an indicative list and investors under their respective constitutions and relevant State Regulations) are eligible to
shall consult their financial advisor to subscribe to the units
ascertain whether the scheme is
suitable to their risk profile 1. Resident adult individuals, either singly or jointly (not exceeding three) or on anyone
or survivor basis.
2. Minors* through parents / lawful guardian.

3. Hindu Undivided Family (“HUF”) in the name of HUF or Karta

4. Partnership firms.

5. Companies (including Public Sector Undertakings), bodies corporate, Cooperative

societies, association of persons, body of individuals and public sector
undertakings registered in India if authorized and permitted to invest under
applicable Laws and regulations.

6. Banks (including co-operative banks and regional rural banks), financial institutions
and investment institutions incorporated in India or the Indian branches of banks
incorporated outside India.

7. Non-Resident Indians (NRIs) / Persons of Indian Origin (PIOs) residing abroad on

repatriation basis and on non-repatriation basis.
8. Mutual Funds registered with SEBI.

9. FPIs (subject to regulations / directions prescribed by the RBI/SEBI from time to

time relating to FPI investments in mutual fund schemes).

10. Charitable or religious trusts, wakf boards or endowments and registered societies
(including registered cooperative societies) and private trusts authorized to invest
in Units of mutual fund schemes under their trust deeds.

11. Army/Navy/Air Force / Para Military Units and other eligible institutions

12. Scientific and industrial research organizations.

13. Multilateral funding agencies or bodies corporate incorporated outside India with
the permission of GOI / RBI.

28
14. Overseas financial organizations which have entered into an arrangement for
investment in India, interalia with a mutual fund registered with SEBI and which
arrangement is approved by GOI.

15. Provident / pension / gratuity / superannuation and such other retirement and
employee benefit and other similar funds as and when permitted to invest.

16. Special Purpose Vehicles (SPVs) approved by appropriate authority (subject to RBI
approval)

17. Unincorporated body of persons as may be accepted by Nippon Life India Trustee
Limited

18. Trustee, AMC or Sponsor or their associates may subscribe to Units under the
Schemes

19. Such other individuals / institutions / body corporate etc., as may be decided by the
AMC from time to time, so long as wherever applicable they are in conformity with
SEBI Regulations.

20. Insurers, insurance companies / corporations registered with the Insurance

Regulatory Development Authority.

21. Apart from the above, all other categories of Investors permitted at present and in
future are eligible to invest in the Scheme.

All cheques and bank drafts accompanying the Application Form should contain the
Application Form number / folio number and the name of the sole / 1st applicant / Unit
holder on its reverse. It is mandatory for every applicant to provide the name of the bank,
branch, address, account type and number as per SEBI requirements and any
Application Form without these details will be treated as incomplete. Such incomplete
applications are liable to be rejected. The Registrar / AMC may ask the Investor to
provide a blank cancelled cheque for the purpose of verifying the bank account number.

Applications without relevant details of the applicant’s Depository account are liable to
be rejected

* Process for Investments made in the name of a Minor through a Guardian:

• Payment for investment by means of Cheque shall be accepted from the bank
account of the minor / Minor with guardian or from a joint account of the minor with
the guardian only. For existing folios, in case the pay-out bank mandate is not held
solely by minor or jointly by minor and guardian, the investors are requested to
provide a change of Pay-out Bank mandate request before providing redemption
request.

• In Partial modification, SEBI through its clause 17.6.1 of its Master circular dated
June 27, 2024 mandated the following change
Payment for Investment by any mode shall be accepted from the bank account of
the minor, parent or legal guardian of the minor, or from a joint account of the minor
with the parent or legal guardian.
• Upon the minor attaining the status of major, the minor in whose name the
investment was made, shall be required to provide all the KYC / FATCA details,
updated bank account details including cancelled original cheque leaf of the new
account and his/her specimen signature duly authenticated by banker/guardian.
Investors shall additionally note that, upon the minor attaining the status of major,
no further transactions shall be allowed till the status of the minor is changed to
major.
• Investors are also requested to note that the process of transmission of units shall
be in line with Clause 17.6 of SEBI Master circular dated June 27, 2024 and
guidelines issued by SEBI in this regard from time to time.
Note :
1. Non Resident Indians (NRIs) and Persons of Indian Origin (PIOs) residing abroad /
Foreign Portfolio Investors (FPIs) have been granted a general permission by
Reserve Bank of India Schedule 5 of the Foreign Exchange Management (Transfer
or Issue of Security by a Person Resident Outside India) Regulations, 2000 for
investing in / redeeming units of the mutual funds subject to conditions set out in the
aforesaid regulations.
2. In case of application under a Power of Attorney or by a limited company or a
corporate body or an eligible institution or a registered society or a trust fund, the
original Power of Attorney or a certified true copy duly notarised or the relevant
resolution or authority to make the application as the case may be, or duly notarised
copy thereof, alongwith a certified copy of the Memorandum and Articles of

29
 Association and/or bye-laws and / or trust deed and / or partnership deed and
Certificate of Registration should be submitted. The officials should sign the
application under their official designation. A list of specimen signatures of the
authorised officials, duly certified / attested should also be attached to the Application
Form. In case of a Trust / Fund it shall submit a resolution from the Trustee(s)
authorising such purchases and redemptions.
3. In line with SEBI Regulations and circulars issued by SEBI from time to time, the AMC
may invest its own funds in the scheme(s). Further, the AMC shall not charge any
fees on its investment in the Scheme(s), unless allowed to do so under SEBI
Regulations in the future.
4. It is expressly understood that at the time of investment, the investor/unitholder has
the express authority to invest in units of the Scheme and the onus of the investment
being compliant with the relevant constitution is on the investor.
5. NAM India reserves the right to include / exclude new / existing categories of investors
to invest in this Scheme from time to time, subject to the Regulations, if any.
6. Neither this Scheme Information Document (“SID”)/ Key Information Document
(“KIM”)/ Statement of Additional Information (“SAI”) [“Scheme Related Documents”]
nor the units of the scheme(s) have been registered under the relevant laws, as
applicable in the territorial jurisdiction of United States of America nor in any
provincial/ territorial jurisdiction in Canada. It is being clearly stated that the Scheme
Related Documents and/or the units of the schemes of Nippon India Mutual Fund
have been filed only with the regulator(s) having jurisdiction in the Republic of India.
The distribution of these Scheme Related Documents in certain jurisdictions may
be restricted or subject to registration requirements and, accordingly, persons who
come into possession of these Scheme Related Documents are required to inform
themselves about, and to observe any such restrictions.
No persons receiving a copy of these Scheme Related Documents or any KIM
accompanying application form jurisdiction may treat such Scheme Related
Documents as an invitation to them to subscribe for units, nor should they in any
event use any such application form, unless in the relevant jurisdiction such an
invitation could lawfully be made to them and such application form could lawfully
be used without compliance with any registration or other legal requirements.
Accordingly these Scheme Related Documents do not constitute an offer or
solicitation by anyone in any jurisdiction in which such offer or solicitation is not
lawful or in which the person making such offer or solicitation is not qualified to do
so or to anyone to whom it is unlawful to make such offer or solicitation. It is the
responsibility of such persons in possession of the Scheme Related Documents
and any persons wishing to apply for units pursuant to these Scheme Related
Documents to inform themselves of and to observe, all applicable laws and
Regulations of such relevant jurisdiction.
The NAM India shall accept such investments subject to the applicable laws and
such other terms and conditions as may be notified by the NAM India . The investor
shall be responsible for complying with all the applicable laws for such investments.
The NAM India reserves the right to put the transaction requests on hold/reject the
transaction request/reverse allotted units, as the case may be, as and when identified
by the NAM India, which are not in compliance with the terms and conditions notified in
this regard.

In terms of Clause 6.9 of the Master Circular dated June 27, 2024 and sub-regulation
16(A) in Regulation 25 of SEBI (Mutual Funds) Regulations,1996, NAM India is required
to invest such amount in such scheme(s) of the mutual fund, based on the risk
associated with the scheme. Further, NAM India shall not charge any fees on its
investment in the Scheme (s), unless allowed to do so under SEBI Regulations in the
future.
It is expressly understood that at the time of investment, the investor/unitholder has the
express authority to invest in units of the Scheme and the AMC / Trustee / Mutual Fund
will not be responsible if such investment is ultravires the relevant constitution.
Foreign Account Tax Compliance
In accordance with the relevant provisions of the Foreign Account Tax Compliance Act
(“FATCA”) as contained in the United States Hiring Incentives to Restore Employment
(“HIRE”) Act, 2010, there is a likelihood of withholding tax being levied on certain income/
receipt sourced from the subjects of United States of America (“US”) with respect to the
schemes, unless such schemes are FATCA compliant.
In this regard, the respective governments of India and US have signed an Inter
Governmental Agreement-1 (IGA) on July 9, 2015. In the terms of this proposed IGA,

30
 Nippon India Mutual Fund (“NIMF”) and/ or Nippon Life India Asset Management Limited
(“NAM India”/ “AMC”) classified as a “Foreign Financial Institution” and in which case
NIMF and/ or NAM India would be required, from time to time, to (a) undertake the
necessary due-diligence process; (b) identify US reportable accounts; (c) collect certain
required information/ documentary evidence (“information”) with respect to the
residential status of the unit holders; and (d) directly or indirectly disclose/ report/ submit
such or other relevant information to the appropriate Indian authorities. Such information
may include (without limitation) the unit holder’s folio detail, identity of the unit holder,
details of the beneficial owners and controlling persons etc
In this regard and in order to comply with the relevant provisions under FATCA, the unit
holders would be required to fully cooperate & furnish the required information to the
AMC, as and when deemed necessary by the latter in accordance with IGA and/ or
relevant circulars or guidelines etc, which may be issued from time to time by SEBI/AMFI
or any other relevant & appropriate authorities.
The applications which do not provide the necessary information are liable to be rejected.
The applicants/ unit holders/ prospective investors are advised to seek independent
advice from their own financial & tax consultants with respect to the possible implications
of FATCA on their investments in the scheme(s).
The underlying FATCA requirements are applicable from July 1, 2014 or such other date,
as may be notified.
In case required, NIMF/ NAM India reserves the right to change/ modify the provisions
(mentioned above) at a later date.
The Fund reserves the right to include / exclude new / existing categories of investors to
invest in the Schemes, subject to SEBI Regulations and other prevailing statutory
regulations, if any.
Rejection of the application
Subject to the SEBI Regulations and applicable Laws, any application for NFO Units
may be accepted or rejected at the sole and absolute discretion of the Trustees / AMC.
For example and without limitations, the Trustees/AMC may reject any application for
the Purchase of NFO Units if the application is received from an Investor to whom the
NFO Units cannot be lawfully or validly offered or by whom the NFO Units cannot be
lawfully or validly subscribed or if the Investor does not provide information / details
required by the
Mutual Fund / AMC/ Trustees in relation to KYC, beneficial ownership, FATCA or any
other requirements mandated by the Mutual Fund / Trustees / AMC pursuant to any
directives of AMFI or any other additional administrative processes required with respect
to such Investors or if the application is invalid or incomplete, or if, in its opinion,
increasing the size of the Scheme’s Unit Capital is not in the general interest of the Unit
holders, or if the Trustees/ AMC for any other reason does not believe that it would be
in the best interest of the Scheme or its Unit holders to accept such an application.
Further information request by the AMC/Trustees
The AMC / Trustees may request Investors / Unit holders to provide verification of their
identity or other further details as may be required in the opinion of the AMC / Trustees
under applicable Laws and/or pursuant to any directives of AMFI. This may result in a
delay in dealing with the applicants, Unit holders, benefits, distribution, etc. and/or even
rejection of the application / mandatory Redemption of Units.
Who cannot invest 1. Any individual who is a Foreign National, except for Non –Resident Indians and
Persons of Indian Origin and provided such Foreign National has procured all the
relevant regulatory approvals applicable and has complied with all applicable laws,
including but not limited to and pertaining to anti money laundering, know your
customer (KYC), income tax, foreign exchange management (the Foreign
Exchange Management Act, 1999 and the Rules and Regulations made
thereunder), in the sole discretion and to the sole satisfaction of Nippon Life India
Asset Management Ltd (the AMC).
Nippon Life India Asset Management Limited in its capacity as an asset manager to
the Nippon India Mutual Fund reserves the right to amend/terminate this facility at
any time, keeping in view business/operational exigencies.
2. Overseas Corporate Bodies (“OCBs”), i.e. firms and societies which held directly or
indirectly to the extent of at least 60% by NRIs and trusts in which at least 60% of
the beneficial interest is similarly held irrevocably by such persons without the prior
approval of the RBI.
3. NRIs residing in Non-Compliant Countries and Territories (“NCCTs”) as determined
by the Financial Action Task Force (“FATF”), from time to time.

31
 4. Any other person determined by the AMC or the Trustee as not being eligible to
invest in the Scheme.
The AMC reserves the right to include/exclude new/existing categories of investors to
invest in the Scheme from time to time, subject to SEBI Regulations & other prevailing
statutory regulations

How to Apply (and other details) Details regarding-

1. The applications filled up and duly signed by the applicants should be submitted
at the office of the Collection Centres / DISCs / Official Points of Acceptance or
may be downloaded from the website of AMC. The list of the Designated Investor
Service Centres (DISCs)/Official Points of Acceptance (OPAs) of the Mutual Fund
are available on the website of the AMC i.e. mf.nipponindiaim.com.
2. Please refer to the SAI for detailed procedure and Application form for the
instructions.
3. .List of official points of acceptance, collecting banker details - Please visit
https://mf.nipponindiaim.com/investor-services/customer-service/locate-a-branch
As per the directives issued by SEBI, it is mandatory for an investor to declare his/her
bank account number in the application form. This is to safeguard the interest of
unitholders from loss or theft of their redemption cheques / DDs. Additionally, if the
bank details provided by investors are different from the details available on instrument,
AMC may seek additional details from investors to validate the bank details provided
by investors.

As per the directives issued by SEBI, it is mandatory for an investor to declare his/her
bank account number in the application form. This is to safeguard the interest of
unitholders from loss or theft of their redemption cheques / DDs. Additionally, if the bank
details provided by investors are different from the details available on instrument, AMC
may seek additional details from investors to validate the bank details provided by
investors.

The policy regarding reissue of The units under the scheme once repurchased, shall not be reissued.
repurchased units, including the
maximum extent, the manner of reissue,
the entity (the scheme or the AMC)
involved in the same.
Restrictions, if any, on the right to freely Right to Limit Redemption
retain or dispose of units being offered.
The Trustee and AMC may, in the general interest of the Unit holders of the Scheme
under this Scheme Information Document and keeping in view the unforeseen
circumstances / unusual market conditions, limit the total number of Units which may be
redeemed on any Working Day for redemption requests of more than Rs. 2 Lakhs per
folio at a scheme level. in any Scheme. In line with clause 1.12 of SEBI Master Circular
dated June 27, 2024 the following conditions would be applicable.
a. Restriction may be imposed when there are circumstances leading to a systemic
crisis or event that severely constricts market liquidity or the efficient functioning of
markets such as:
i. Liquidity issues - when market at large becomes illiquid and affecting almost
all securities.
ii. Market failures, exchange closures - when markets are affected by
unexpected events which impact the functioning of exchanges or the regular
course of transactions. Such unexpected events could also be related to
political, economic, military, monetary or other emergencies.
iii. Operational issues – when exceptional circumstances are caused by force
majeure, unpredictable operational problems and technical failures (e.g. a
black out)..
b. Restriction on redemption may be imposed for a specified period of time not
exceeding 10 working days in any 90 days period.
c. When restriction on redemption is imposed, the following procedure shall be
applied:
i. No redemption requests upto INR 2 lakh shall be subject to such restriction.
ii. Where redemption requests are above INR 2 lakh, AMCs shall redeem the
first INR 2 lakh without such restriction and remaining part over and above
INR 2 lakh shall be subject to such restriction.
However, suspension or restriction of redemption under any scheme of the Mutual Fund
shall be made applicable only after the approval from the Board of Directors of the Asset
Management Company and the Trustee Company. The approval from the AMC Board
and the Trustees giving details of circumstances and justification for the proposed action
shall also be informed to SEBI immediately.

32
 NIMF also reserves the right at its sole discretion to withdraw sale of Units in the Scheme
temporarily or indefinitely, if the AMC views that increasing the Scheme’s size further
may prove detrimental to the existing unit holders of the Scheme subject to SEBI
Regulations. An order/ request to purchase Units is not binding on and may be rejected
by the Trustee, the AMC or their respective agents, unless it has been confirmed in
writing by the AMC or its agents and (or) payment has been received
Cut off timing for subscriptions/ As per Clause 8.4.6.2 of SEBI Master Circular dated June 27, 2024, in respect of
redemptions/ switches This is the time purchase of units of mutual fund schemes (except liquid and overnight schemes), closing
before which your application (complete NAV of the day shall be applicable on which the funds are available for utilization
in all respects) should reach the official irrespective of the size and time of receipt of such application subject to cut-off timing
points of acceptance. provisions.
Considering the above, cut-off timings with respect to Subscriptions/Purchases including
switch – ins shall be as follows:
1. Purchases / subscriptions (including Switch-in) in the scheme of any amount
In respect of valid application received before up to 3.00 p.m. and funds for the
entire amount of subscription / purchase as per the application are credited to the
bank account of the scheme and are available for utilization before the cut-off time
of 3.00 p.m., the closing NAV of the day shall be applicable;
In respect of valid application received after 3.00 p.m. and funds for the entire
amount of subscription / purchase as per the application are credited to the bank
account of the scheme either on the same day or before the cut-off time on the next
business day i.e. available for utilization before the cut-off time of the next business
day, the closing NAV of the next business day shall be applicable;
Irrespective of the time of receipt of application, where funds for entire amount are
credited to the bank account of the scheme before the cut-off time on any
subsequent business day i.e. available for utilization before the cut-off time on any
subsequent business day - the closing NAV of such subsequent business day shall
be applicable subject to applicability of cut-off timing for application.
2. For switch-in in the scheme of any amount:
The following shall be ensured for determining the applicability of NAV:
a. Application for switch-in is received before the applicable cut-off time of 3.00
p.m
b. Funds for the entire amount of subscription/purchase as per the switch-in
request are credited to the bank account of the respective switch-in schemes
before the cut-off time;
c. The funds are available for utilization before the cut-off time, by the respective
switch-in schemes
d. In case of Switch transactions from one scheme (Switch-out scheme) to other
scheme (Switch-in scheme), NAV applicability shall be in line with redemption
pay-outs of switch-out scheme.
NIMF / NAM India shall reserve the right to change / modify any of the terms with respect
to processing of transaction in line with directives specified by Securities & Exchange of
Board of India and/or AMFI from time to time.
Redemptions including switch - outs
In respect of valid applications received upto 3.00 p.m. by the Mutual Fund, closing NAV
of the day of receipt of application, shall be applicable.
In respect of valid applications received after 3.00 p.m. by the Mutual Fund, the closing
NAV of the next business day shall be applicable.
Minimum amount for Minimum Application Amount
purchase/redemption/switches
(mention the provisions for ETFs, as Rs.1,000 and in multiples of Re.1 thereafter
may be applicable, for direct
Additional Purchase Amount
subscription/redemption with AMC.
Rs.1,000 and in multiples of Re.1 thereafter
Minimum Redemption Amount
Redemptions can be of minimum amount of Rs.100 or any number of units or account
balance, whichever is lower
Note – For investments made by designated employees in terms of Clause 6.10 of SEBI
Master circular dated June 27, 2024, requirement for minimum application/ redemption
amount will not be applicable
Minimum Switch Amount
Will be as per the minimum application amount in the respective scheme which may
have been opted by the Investor for switching the units/amount where the switch facility
is available.
Switch-out facility from applicable ETF schemes to Nippon India CRISIL-IBX AAA
Financial Services - Dec 2026 Index Fund

33
 For availing this facility, investors are requested to note the following operational
modalities:
a. Switch-out from the Scheme will be allowed only in terms of Basket size (unit).
b. Switch transaction will be processed subject to availability of all details as per
regulatory guidelines.
c. The applicability of the NAV in the transferee Scheme will be the NAV of the
business day on which the Funds are realized in Scheme’s account before cut-off
time.
d. In case of any rejection in Switch-in to the transferee Scheme, the amount will be
paid to the investor as redemption proceeds.
e. Investors to note that the pattern and sequence of holding both in the open-ended
(Non-ETF) Folio and in demat account (used for ETF unit holding) should be same.
However, in case there is no existing Folio, the investor has to provide the details
and signatures of all holders for Folio creation in the open-ended (Non-ETF)
Scheme.
f. Investors should have the clear balance of ETF units in their demat account for
execution of the Switch-out transaction from the selected ETF Scheme.
NIMF/NAM India reserves the right to introduce, change, modify or withdraw any of the
features available in this facility from time to time.
Accounts Statements In accordance with Clause 14.4 of SEBI Master Circular dated June 27, 2024 the
investor whose transaction has been accepted by the NAM India/NIMF shall receive a
confirmation by way of email and/or SMS within 5 Business Days from the date of receipt
of transaction request, same will be sent to the Unit holders registered e-mail address
and/or mobile number.
Thereafter, a Consolidated Account Statement (“CAS”) shall be issued in line with the
following procedure:
1. Consolidation of account statement shall be done on the basis of PAN. In case of
multiple holding, it shall be PAN of the first holder and pattern of holding.
2. The CAS shall be generated on a monthly basis and shall be issued on or before
15th of the immediately succeeding month to the unit holder(s) in whose folio(s)
transaction(s) has/have taken place during the month.
3. In case there is no transaction in any of the mutual fund folios then CAS detailing
holding of investments across all schemes of all Mutual Funds will be issued on
half yearly basis [at the end of every six months (i.e. September/ March)] on or
before 21st of the immediately succeeding month.
4. Investors having MF investments and holding securities in Demat account shall
receive a Consolidated Account Statement containing details of transactions
across all Mutual Fund schemes and securities from the Depository by email /
physical mode.
5. Investors having MF investments and not having Demat account shall receive a
Consolidated Account Statement from the MF Industry containing details of
transactions across all Mutual Fund schemes by email / physical mode.
The word ‘transaction’ shall include purchase, redemption, switch, Payout of IDCW
Option, Reinvestment of IDCW Option, systematic investment plan, systematic
withdrawal plan, and systematic transfer plan.
CAS shall not be received by the Unit holders for the folio(s) wherein the PAN details
are not updated. The Unit holders are therefore requested to ensure that the folio(s) are
updated with their PAN. For Micro SIP and Sikkim based investors whose PAN details
are not mandatorily required to be updated Account Statement will be dispatched by
NAM India/NIMF for each calendar month on or before 10th of the immediately
succeeding month.
The Consolidated Account statement will be in accordance Clause 14.4.3 of SEBI
Master Circular dated June 27, 2024.
As a green initiative measure, SEBI vide its circular no.SEBI/HO/MRD-
PoD2/CIR/P/2024/93 dated July 1, 2024 has specified that the CAS shall be despatched
by email to all the investors whose email addresses are registered with the Depositories
and AMCs/MF-RTAs. However, where an investor does not wish to receive CAS through
email, option shall be given to the investor to receive the CAS in physical form at the
address registered with the Depositories and the AMCs/MF-RTAs. The depositories
shall also intimate the investor on quarterly basis through the SMS mode specifying the
email id on which the CAS is being sent.
In case of a specific request received from the Unit holders, NAM India / NIMF will
provide the account statement to the investors within 5 Business Days from the receipt
of such request.
Investors are requested/encouraged to register/update their email id and mobile number
of the primary holder with the AMC/RTA through our Designated Investor Service
Centres (DISCs) in order to facilitate effective communication.

34
Dividend/ IDCW The IDCW payments shall be initiated to the unitholders within 7 working days from the
Record date, in compliance to the Clause 11.4 of SEBI Master Circular dated June 27,
2024
Redemption The redemption or repurchase proceeds shall be transferred to the unitholders within 3
working Days from the date of redemption or repurchase. However, in case of
exceptional circumstances mentioned in para 14.1.3 of SEBI Master Circular dated June
27, 2024, redemption or repurchase proceeds will be transferred / dispatched to
Unitholders within the time frame prescribed for such exceptional circumstances.
Further, investors are requested to note that processing of Redemption or Repurchase
transactions without PAN in respect of Non-PAN-Exempt folios has been restricted with
effect from September 30, 2019.
For all such Non-PAN-Exempt folios, investors are requested to update PAN by
submitting suitable request along with PAN card copy at any of the Designated Investor
Service Centre (“DISC”) of Nippon India Mutual Fund (NIMF) and then submit
Redemption or new Systematic Withdrawal Plans (SWPs) requests.
With respect to existing SWPs registered without PAN in Non-PAN-Exempt folios, the
same shall be restricted with effect from October 16, 2019 till PAN is updated in the folio.
Investors are also requested to note further that it is mandatory to complete the KYC
requirements for all unit holders, including for all joint holders and the guardian in case
of folio of a minor investor.
Accordingly, completion of KYC requirements shall be mandatory and with effect from
February 28, 2020, all financial transactions (including redemptions, switches etc.) will
be processed only if the KYC requirements are completed.
Unit holders are advised to use the applicable KYC Form for completing the KYC
requirements and submit the form at the Designated Investor Service Centre (“DISC”) of
Nippon India Mutual Fund or KFin Technologies Limited
Suspension of Redemption & Inflows through Subscription, Switch-in & SIP /STP
with the Fund
It may be noted that the scheme will suspend Redemption and inflows through
Subscription, Switch, SIP & STP, 10 days before the maturity of the scheme to enable
settlement of units which have been subscribed/ redeemed and to determine the unit
holders of the scheme as on the maturity date to whom the redemption proceeds shall
be sent.
Maturity of the Scheme
As a function of the underlying investments of the Scheme, the maturity of the Scheme
is 31st December, 2026 (“Maturity Date”). Any modification to this date will be conveyed
to investors through a notice. If the maturity / payout date falls on a non-business day,
the maturity / payout date shall be the next business day. Upon the Maturity Date, the
Units of the Scheme will be automatically Redeemed at the NAV applicable on the
Maturity Date. The Redemption proceeds will be paid to the Unit holders whose names
appear on the register of Unit holders on the Maturity Date.
Bank Mandate As per the directives issued by SEBI, it is mandatory for an investor to declare his/her
bank account number in the application form. This is to safeguard the interest of
unitholders from loss or theft of their redemption cheques / DDs. Additionally, if the bank
details provided by investors are different from the details available on instrument, AMC
may seek additional details from investors to validate the bank details provided by
investors.
Delay in payment of redemption / The Asset Management Company shall be liable to pay interest to the unitholders at
repurchase proceeds/dividend such rate as may be specified by SEBI for the period of such delay (presently @ 15%
per annum).
No interest will be payable on any subscription money refunded within 5 working days.
If the Fund refunds the amount after 5 working days, interest @ 15% p.a. will be paid to
the applicant and borne by the AMC for the period from the day following the date of
expiry of 5 working days until the actual date of the refund.
The period of five working days for computation of interest payable for delay in refund of
subscription amounts during on-going offer period shall be reckoned from the date of
purchase transaction as per timestamp / applicable NAV, provided the application form
/ online transaction is received along with the payment and the funds have been realized.
Where the subscription amount and the application / online transaction are received
separately, the period of five working days for computation of interest payable for delay
in refund of subscription amounts shall be reckoned from the later of the date of
identifying the remitter details, based on the credit provided by the bank or receipt and
time stamping of application / online transaction.
It is clarified that the interest will be payable only in those cases where the credit pertains
to a subscription in the scheme backed by a transaction request by the customer and
such subscription is rejected by the AMC.
Refund will be initiated in the name of the applicant in the case of a sole applicant and
in the name of the first applicant in all other cases. In both cases, the bank account
number and bank name, as specified in the application, will be considered for refund.

35
 The bank and/ or collection charges, if any, will be borne by the applicant. All the refund
payments will be initiated in the manner as may be specified by SEBI from time to time.

Unclaimed Redemption and Income In terms of Clause 14.3 of SEBI Master circular dated June 27, 2024, the unclaimed
Distribution cum Capital Withdrawal redemption amount and IDCW amounts (the funds) may be deployed by the Mutual Fund
Amount in money market instruments and separate plan of liquid scheme / Money Market Mutual
Fund scheme floated by Mutual Funds specifically for deployment of the unclaimed
amounts only. Investors who claim the unclaimed amounts during a period of three years
from the due date shall be paid initial unclaimed amount along-with the income earned
on its deployment. Investors, who claim these amounts after 3 years, shall be paid initial
unclaimed amount along-with the income earned on its deployment till the end of the
third year. After the third year, the income earned on such unclaimed amounts shall be
used for the purpose of investor education. The AMC will make a continuous effort to
remind the investors through letters to take their unclaimed amounts. The details of such
unclaimed redemption/IDCW amounts are made available to investors upon them
providing proper credentials, on website of Mutual Funds and AMFI along with the
information on the process of claiming the unclaimed amount and the necessary forms
/ documents required for the same. Further, the information on unclaimed amount along-
with its prevailing value (based on income earned on deployment of such unclaimed
amount), will be separately disclosed to investors through the periodic statement of
accounts / Consolidated Account Statement sent to the investors. Further, the
investment management fee charged by the AMC for managing the said unclaimed
amounts shall not exceed 50 basis points.
Disclosure w.r.t investment by minors Process for Investments made in the name of a Minor through a Guardian:

• Payment for investment by means of Cheque or any other mode shall be accepted
from the bank account of the minor / Minor with guardian or from a joint account of
the minor with the guardian only. For existing folios, in case the pay-out bank
mandate is not held solely by minor or jointly by minor and guardian, the investors
are requested to provide a change of Pay-out Bank mandate request before
providing redemption request.

• Upon the minor attaining the status of major, the minor in whose name the
investment was made, shall be required to provide all the KYC / FATCA details,
updated bank account details including cancelled original cheque leaf of the new
account and his/her specimen signature duly authenticated by banker/guardian.
Investors shall additionally note that, upon the minor attaining the status of major,
no further transactions shall be allowed till the status of the minor is changed to
major.

Pursuant to Clause 17.6.1 of SEBI Master Circular dated June 27, 2023, payment
for any investment by any mode shall be accepted from the bank account of the
minor, parent or legal guardian of the minor, or from a joint account of the minor
with parent or legal guardian. For existing folios, the AMCs shall insist upon a
change of pay-out bank mandate before redemption is processed.

36
III. OTHER DETAILS
A. In case of Fund of Funds Scheme, Details of Benchmark, Investment Objective, Investment Strategy, TER, AUM, Year wise
performance, Top 10 Holding/ link to Top 10 holding of the underlying fund should be provided- Not Applicable
B. Periodic Disclosures such as Half yearly disclosures, half yearly results, annual report

Half yearly Disclosures: (i) Half Yearly disclosure of Un-Audited Financials for the Schemes of NIMF:
Portfolio / Financial Results
Before expiry of one month from the close of each half year i.e. on March 31 or September 30,
This is a list of securities where the Fund shall host a soft copy of half – yearly unaudited financial results on the website of the
the corpus of the scheme is NIMF i.e. mf.nipponindiaim.com and that of AMFI www.amfiindia. com. A notice advertisement
currently invested. The market communicating the investors that the financial results shall be hosted on the website shall be
value of these investments is published in one national English daily newspaper and in a newspaper in the language of the
also stated in portfolio region where the Head Office of the fund is situated.
disclosures.
Please refer to the below link for Half Yearly disclosure of Un-Audited Financials:

https://mf.nipponindiaim.com/investor-service/downloads/annual-half-yearly-reports

https://mf.nipponindiaim.com/investor-service/quick-links/notice-addendum

Half Yearly disclosure of The fund shall disclose the scheme’s portfolio in the prescribed format as on the last day of the Half
Scheme’s Portfolio: year for all the Schemes of NIMF on or before the tenth day of the succeeding month or within such
timelines and manner as prescribed by SEBI from time to time on the NIMF Website i.e.
mf.nipponindiaim.com and AMFI site www.amfiindia.com

In case of unitholders whose e-mail addresses are registered, the Mutual Funds/ AMCs shall send
via email the half-yearly statement of scheme portfolio within 10 days from the close of each half-
year respectively.

AMC will provide a physical copy of the statement of its scheme portfolio, without charging any cost,
on specific request received from a unitholder.

Please refer to the below link for Half Yearly disclosure of Scheme’s Portfolio:

https://mf.nipponindiaim.com/investor-service/downloads/annual-half-yearly-reports

https://www.amfiindia.com/investor-corner/online-center/portfoliodisclosure

Monthly Disclosure of The fund shall disclose the scheme’s portfolio in the prescribed format as on the last day of the month
Schemes’ Portfolio for all the Schemes of NIMF on or before the tenth day of the succeeding month or within such
Statement timelines and manner as prescribed by SEBI from time to time on the NIMF Website i.e.
mf.nipponindiaim.com and AMFI site www.amfiindia.com

The fund shall disclose the scheme’s portfolio on fortnightly basis within 5 days of every fortnight in
the prescribed format for all the debt Schemes of NIMF or within such timelines and manner as
prescribed by SEBI from time to time on the NIMF Website i.e. mf.nipponindiaim.com and AMFI site
www.amfiindia.com. The same shall be send via email to the unitholders whose email addresses are
registered with AMC/Mutual Fund.

In case of unitholders whose e-mail addresses are registered, the Mutual Funds/ AMCs shall send
via email both the monthly statement of scheme portfolio within 10 days from the close of each month
respectively.

AMC will provide a physical copy of the statement of its scheme portfolio, without charging any cost,
on specific request received from a unitholder.

Please refer to the below link for Monthly Disclosure of Schemes Portfolio Statement

https://www.amfiindia.com/investor-corner/online-center/portfoliodisclosure

https://mf.nipponindiaim.com/investor-service/downloads/factsheet-and-other-portfolio-disclosures

Annual Report The scheme wise annual report shall be hosted on the website of the AMC and on the website of the
AMFI soon as may be possible but not later than four months from the date of closure of the relevant
accounting year. The AMC shall publish an advertisement every year in all India edition of at least
two daily newspapers, one each in English and Hindi, disclosing the hosting of the scheme wise
annual report on the website of the AMC.

The AMC shall email the annual report or an abridged summary thereof to the unitholders whose
email addresses are registered with the Fund. The unitholders whose e-mail addresses are not
registered with the Fund are requested to update / provide their email address to the Fund for
updating the database. Physical copy of scheme wise annual report or abridged summary shall be
provided to investors who have opted to receive the same.

37
 AMC shall provide a physical copy of the abridged summary of the annual report, without charging
any cost, on specific request received from a unitholder.

As per regulation 56(3A) of the Regulations, copy of scheme wise Annual Report shall be also made
available to unitholder on payment of nominal fees.

Please refer to the below link for scheme annual report or abridged summary

https://mf.nipponindiaim.com/investor-service/downloads/annual-half-yearly-reports

https://www.amfiindia.com/investor-corner/online-center/schemewisereport

https://mf.nipponindiaim.com/investor-service/quick-links/notice-addendum

Monthly & Annual Disclosure In accordance with Clause 17.4 of SEBI Master circular dated June 27, 2024. The Risk-o-meter shall
of Riskometer have following six levels of risk:

i. Low Risk

ii. Low to Moderate Risk

iii. Moderate Risk

iv. Moderately High Risk

v. High Risk and

vi. Very High Risk

The evaluation of risk levels of a scheme shall be done in accordance with the aforesaid circular.

The fund shall communicate any change in risk-o-meter by way of Notice cum Addendum and by
way of an e-mail or SMS to unitholder.

Further Risk-o-meter of scheme shall be evaluated on a monthly basis and Risk-o-meter along with
portfolio shall be disclosed on NIMF website and on AMFI website within 10 days from the close of
each month.

Additionally, NIMF shall disclose the risk level of all schemes as on March 31 of every year, along
with number of times the risk level has changed over the year, on its website and AMFI website.

Disclosure of Benchmark Clause 5.16 of SEBI Master Circular dated June 27, 2024, the AMC shall disclose risk-o-meter of the
Riskometer scheme and benchmark in all disclosures including promotional material or that stipulated by SEBI
wherever the performance of the scheme vis-à-vis that of the benchmark is disclosed to the investors
in which the unit holders are invested as on the date of such disclosure.

Disclosure norms for ETFs / On a monthly basis, the fund shall disclose name and exposure to top 7 Stocks, top 7 groups & top
Index Funds 4 sectors as a percentage of NAV of the scheme.
Further, any change in constituents of the benchmark index, shall be disclosed on the AMC website
mf.nipponindiaim.com/ etf.nipponindiaim.com .

Scheme Summary Document The AMC has provided on its website on a monthly basis a standalone scheme document for all the
Schemes which contains all the details of the Scheme viz. Scheme features, Fund Manager details,
investment details, investment objective, expense ratios, portfolio details, etc.

Disclosures with respect to Tracking Error (TE): The AMC shall disclose tracking error based on past one year rolling data, on a
Tracking Error and Tracking daily basis, on the website of AMC and AMFI.
Difference Tracking Difference (TD): On completion of 1 year, the tracking difference scheme shall be disclosed
on the website of the AMC and AMFI on a monthly basis, for tenures 1 year, 3 year, 5 year, 10 year
and since the date of allotment of units.

Disclosure of Potential Risk Pursuant to SEBI Circular No SEBI/HO/IMD/IMD-II DOF3/P/CIR/2021/573 dated June 07, 2021, the
Class (PRC) Matrix AMC shall disclose PRC Matrix for the scheme on front page of initial offering application form,
Scheme Information Document (SID), Key Information Memorandum (KIM), Common Application
Form and Scheme Advertisements.

C. Transparency/NAV Disclosure (Details with reference to information given in Section I)

a) The AMC will calculate and disclose the first NAV within 5 working days from the date of allotment. Subsequently, the NAV will be
calculated and disclosed at the close of every Business Day and uploaded on the AMFI website www.amfiindia.com and Nippon India
Mutual Fund website i.e. mf.nipponindiaim.com by 11.00 p.m. on the same business day. Further, AMC shall extend facility of sending
latest available NAVs to unitholders through SMS, upon receiving a specific request in this regard.

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 If the NAVs are not available before commencement of business hours on the following day due to any reason, the Fund shall issue a
press release providing reasons and explaining when the Fund would be able to publish the NAVs. In case of any delay, the reasons
for such delay would be explained to AMFI and SEBI.
b) The NAV of the Scheme will be calculated and declared by the Fund on every Working Day. The information on NAV may be obtained
by the Unitholders, on any business day from the office of the AMC / the office of the Registrar in Hyderabad or any of the other
Designated Investor Service Centres. Investors may also obtain information on the purchase /sale price for a given day on any Working
Day from the office of the AMC / the office of the Registrar in Hyderabad/ any of the other Designated Investor Service Centres. Investors
may also note that Nippon India Mutual Fund shall service its customers through the call center from Monday to Saturday between 8.00
am to 9.00 pm. However, 24x7 facility shall be available for addressing the queries through interactive voice response (IVR). Investors
may also call Customer Service Centre at 1860-266-0111 (charges applicable), and Investors outside India can call at 91-22-69259696
(charges applicable).
c) The AMC will disclose the Half-yearly Unaudited Financial Results in the prescribed format on the NIMF website i.e.
mf.nipponindiaim.com and communicate to the Unit holders with such timelines as may be prescribed under the Regulations from time
to time.
d) Providing of the Annual Reports of the respective Schemes within the stipulated period as required under the Regulations.
e) The AMC shall disclose the scheme’s portfolio in the prescribed format as on the last day of the month/Half year for all the Schemes of
NIMF on or before the tenth day of the succeeding month or within such timelines and manner as prescribed by SEBI from time to time
on the NIMF Website i.e. mf.nipponindiaim.com and AMFI site www.amfiindia.com
The AMC shall communicate disclosure of Portfolio on a half-yearly basis to the Unit holders as may be prescribed under the Regulation
from time to time.
f) The fund shall disclose the scheme’s portfolio on fortnightly basis within 5 days of every fortnight in the prescribed format for all the debt
Schemes of NIMF or within such timelines and manner as prescribed by SEBI from time to time on the NIMF Website i.e.
mf.nipponindiaim.com and AMFI site www.amfiindia.com. The same shall be send via email to the unitholders whose email addresses
are registered with AMC/Mutual Fund
g) In case of unitholders whose e-mail addresses are registered, the Mutual Funds/ AMCs shall send via email both the monthly and half
yearly statement of scheme portfolio within 10 days from the close of each month/ half-year respectively
D. Transaction charges and stamp duty

Transaction charges – As per Notice cum Addendum dated May 08, 2024, there is discontinuation of payment of Transaction Charges
to Distributors w.e.f from May 13, 2024.

Stamp duty charges

Clause no. 10.1 of SEBI Master Circular dated June 27, 2024, a stamp duty @ 0.005% of the transaction value would be levied on
applicable mutual fund transactions, with effect from July 01, 2020
For details please refer SAI.
E. Associate Transactions - Please refer to Statement of Additional Information (SAI)
F. Taxation for Other than Equity Oriented Schemes For FY 2024-25 (i.e. July 23, 2024 onwards:

Nature of Income and Taxability Investors (Resident and Non-Resident)

Tax on Income Distribution As per applicable rates
Long Term Capital Gain*
12.50%
Listed & Unlisted Units
Short Term Capital Gain As per applicable rates
Note:
* For Investment made in Specified Mutual Fund Scheme on or after April 01, 2023, any
capital gains would be considered as short term in nature and taxed as per applicable tax
rates of the investor irrespective of the holding period of units.
“Specified Mutual Fund” means a Mutual Fund scheme which does not invest more than
35% in equity shares of domestic companies.
Note: The Finance Act of 2024 removed the indexation benefit available on long-term capital
gains from non-equity-oriented mutual fund units.
For further details on Taxability please refer to clause of Taxation in the SAI.

G. Rights of Unitholders- Please refer to SAI for details

H. List of official points of acceptance:

For details please visit https://mf.nipponindiaim.com/investor-services/customer-service/locate-a-branch

I. Penalties, Pending Litigation or Proceedings, Findings of Inspections or Investigations Which Action May Have Been Taken
Or Is In The Process Of Being Taken By Any Regulatory Authority

For details please visit: https://mf.nipponindiaim.com/investor-service/downloads /s cheme-information-document

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