Products & Services
General Conditions for Purchase with Repatriation or Non-Repatriation rights
A citizen of a foreign country (other than a citizen of Bangladesh or Pakistan) is a PIO if:
|What are the products offered to NRI?|
NRI can invest in the following products.
|What steps an NRI needs to take to start investing in the Indian Stock Market?|
|What type of saving bank account(s) can be opened by an NRI or PIO in India?|
|Any NRI/PIO can open two types of savings accounts with any bank in India. They are NRE and NRO bank accounts.|
Life Insurance Products
This plan is a combination of Endowment Assurance and Whole Life plans. It provides financial protection against death throughout the lifetime of the life assured with the provision of payment of a lump sum at the end of the selected term in case of his survival.
Premiums are payable yearly, half-yearly, quarterly, monthly or through salary deductions as opted by you throughout the selected term of the policy or till earlier death.
|Benefits in case of death during the selected term:|
The Sum Assured along with the vested bonuses is payable on death in a lump sum.
Benefits in case of survival to the end of selected term:
The Sum Assured along with the vested bonuses is payable in a lump sum on survival to the end of the term. An additional Sum Assured is payable on death thereafter.
An additional Sum Assured (subject to a limit of Rs.5 lakh) is payable in a lump sum on death due to accident up to age 70 of life assured. In case of permanent disability of the life assured due to accident this additional Sum assured is payable in instalments.
These are the optional benefits that can be added to your basic plan for extra protection/option. An additional premium is required to be paid for these benefits.
Current NFO & FMP
|Scheme Name||Axis Hybrid Series 9 Reg|
|Scheme Opens on||24-Jan-2014||Scheme Closes on||06-Feb-2014|
|Entry Load||N.A||Exit Load||N.A|
|Fund Type||Close Ended||Fund Class||Hybrid: Debt-oriented|
|Description||The fund seeks to generate regular income through investments in high quality fixed income securities and a small portion in equity and equity related instruments.|
Clients / Customers
HDFC Mutual Fund
TATA Mutual Fund
Know Your Client
|n order to comply with regulatory provisions under the Prevention of Money Laundering Act 2002, Rules issued thereunder and related guidelines/circulars issued by SEBI, KYC formalities are required to be completed for all Unit Holders, including Guardians and Power of Attorney holders, for any investment in mutual funds, all mutual funds have made special arrangements with CDSL Ventures Ltd. (CVL), a wholly owned subsidiary of Central Depository Services (India) Ltd. (CDSL)).|
|DOCUMENTS AND INFORMATION TO BE PROVIDED BY INVESTORS:|
This means that submission of copy of PAN card is mandatory for all investors (including NRIs) for investing with mutual funds with effect from July 02, 2007. Those investors not having a PAN card should apply for PAN immediately and applications for investment should be accompanied by evidence of having applied for PAN (acknowledgement copy of Form 49A). Such investors should, in addition, submit a declaration in Form 60/61 with address proof, if the investment is for a value of Rs.50,000 or more.
Non-completion of PAN formalities
Please note that effective July 02, 2007, all transaction without PAN verification / evidence of having applied for PAN (along with Form 60/61 where applicable) for all holders, including guardians, are liable to be rejected.
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