Wealth India Financial Services Investment Services Account

Terms and Conditions

Wealth India Financial Services Pvt. Ltd. (WIFS)
is in the business of distribution of financial
products through its online technology platform.
WIFS requests you to carefully go through these
terms & conditions (Terms & Conditions) to
avail the access to the distribution network of
WIFS through its online technology platform. By
registering with WIFS, you irrevocably and
unconditionally accept all the obligations
stipulated in the Terms & Conditions and agree
to abide by them. Accessing the distribution
network of WIFS on its online technology
platform through any medium, including but not
limited
to
the
websites
being
http://www.wealthindia.in,
http://www.fundsindia.com (WIFS Websites)
on mobile phones and such other devices, is
also subject to these Terms & Conditions. These
Terms & Conditions supersede all previous oral
and written terms and conditions (if any)
communicated to you.
1. Services
I/We hereby agree to avail the service of access
to the distribution network of WIFS through its
online technology platform for the purchase and
redemptions of units of mutual funds listed on
the WIFS Websites by me/us, on the terms and
conditions mentioned herein (the Services).
I/We agree that WIFS and / or the mutual fund
may at its sole discretion vary the terms and
conditions or withdraw any of the facilities
provided herein from time to time.
I/We hereby irrevocably and unconditionally
grant my/our no objection to WIFS and the
respective mutual funds to collate the
transaction details relating to the investments in

mutual fund units done by me/us on the online

technology platform of WIFS and transmit such
transaction data to the concerned asset
management company (AMC) / mutual fund
for further processing of my/our transactions.
2. Registration and Transactions
Access to the distribution network of WIFS for
the transactions of purchase, switch and
redemption of mutual fund units will be granted
by WIFS only to customers who have a
registered Investments Services Account
(Registered Customers) with WIFS. I/ We
agree and acknowledge that the Services
provided herein are presently available in
respect of select Mutual Funds only with whom
WIFS has entered into a separate arrangement.
Registered Customers will be able to only
purchase, redeem and switch mutual fund
units through this service.
I/We agree and understand that no change of
address, mobile no., e-mail id and / or bank
details can be allowed for such accounts,
unless a duly signed hard copy of such written
request is sent to the AMC / CAMS / POS for
signature verification and other formalities
I/We agree that any and / or all information
that may be provided by me/us to WIFS from
time to time, including but not limited to
contact information, address and taxrelated
information or any other information required
under existing or future KYC or other norms
and laws, may be shared by WIFS with the
mutual funds/AMCs or their respective
authorized service providers, auditors, legal

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and tax consultants in compliance with the

extant legal provisions from time to time.
There may be an exit load applicable to certain
mutual fund schemes which is mentioned in
the respective offer documents including
Scheme Information Document (SID) /Key
Information
Memorandum
(KIM)
and
addendums issued thereto from time to time
(collectively referred to as scheme related
documents). I/We shall read all the scheme
related documents before investing.
Investments from persons from the United
States of America (U.S.) and Canada may not
be permitted in certain mutual funds. WIFS/
AMCs/their respective trustee companies shall
not be liable for rejection of an application by
mutual funds, where the investor is a U.S.
person and/or a Canadian person or such other
prohibited investor as may be specified in the
respective scheme related documents from
time to time.
Purchase requests made through WIFS online
technology platform shall be processed by the
respective mutual funds/AMCs only after funds
sufficient to cover the purchase price and other
costs and charges have been received by the
respective mutual funds/AMCs. Payments
towards the purchase price and other costs and
charges shall be made by the Registered
Customers
directly in the name of the
respective mutual fund scheme(s) through the
payment gateway made available by WIFS on
the online technology platform. If for any reason
the mutual fund is unable to allow a transaction
for purchase or redemption of the full quantity
of units such as transacted by a Registered
Customer through the online technology
platform of WIFS, the respective mutual
fund/AMCs shall be entitled to process a lesser

quantity of units being purchased or redeemed

(as the case may be) by such Registered
Customer. In such a case, neither WIFS nor the
AMCs, their respective trustees shall be
responsible for the nonexecution of
transactions for the entire quantity or the
remaining quantity of units.
Transaction rights for Systematic Investment
Plans (SIPs) will be pursuant to the Registered
Customer executing the instructions, in the
manner and form as prescribed by WIFS and / or
mutual funds on the online technology platform
from time to time. The instructions will be
applicable to all SIP transactions whether
presently existing or to be opened in future.
I/We agree that, upon granting such instructions
for SIP transactions, I/We will be bound by the
terms of the relevant SIP scheme of the mutual
fund to which I/we subscribe.
I/We agree and acknowledge that any
transaction done or purported to be done by
me/us before the cut off times on a business
day as may be intimated by WIFS to me/us from
time to time, would be processed on the same
day. Any transactions done on the online
technology platform of WIFS after the
prescribed cut off time will be deemed to be
received on the next working day and will be
processed accordingly.
I/We acknowledge that the units of the scheme
shall be allotted, redeemed or switched, as the
case may be, by the respective mutual funds /
AMCs at the applicable Net Asset Value (NAV)
of the concerned mutual fund scheme as
specified by WIFS and consistent with the terms
of the Scheme. However, WIFS shall not be
liable for any loss that may arise to me/us as a
result of incorrect NAV applied on units allotted
to me/us by the mutual fund.

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I/We acknowledge that any transactions done

on a holiday would be processed on the next
business day and the NAV would be applicable
as per the respective scheme related
documents.

I/We grant my/our no objection to WIFS to do

or perform upon my/our placing of transaction
requests on the online technology platform of
WIFS and at my/our risk and cost, all or any of
the following acts, deeds matters and things:

I/We acknowledge that transactions once

placed cannot be cancelled.

1. To forward my transaction data and

requests to the respective mutual funds/AMCs
with respect to my instructions and orders of
sale, purchase, transfer, splitting and
consolidation of mutual funds units.

I/we acknowledge that any application for

redemption, purchase or exchange or any other
instruction must be correct, complete, clear and
unambiguous in all respects and should conform
to the prescribed procedure/documentation
and regulatory requirements, failing which,
WIFS /AMC reserve the right to reject the same
and in such a case WIFS/AMC/Trustee shall not
be responsible for any consequence arising
therefrom.
I/We have read and understood the contents of
the Scheme related Document and the details of
the scheme and I/We have not received or been
induced by any rebate or gifts, directly or
indirectly, in making investment. I/We hereby
declare that the amount invested/to be invested
by me/us in the scheme(s) of Mutual Fund (s) is
derived through legitimate sources and is not
held or designed for the purpose of
contravention of any act, rules, regulations or
any statute or legislation or any other applicable
laws or any notifications, directions issued by
any governmental or statutory authority from
time to time.
The ARN holder has disclosed to me/us all the
commissions (in the form of trail commission or
any other mode), payable to him for the
different competing Schemes of various Mutual
Funds from amongst which the Scheme is being
recommended to me/us
3. No objection to WIFS

2. To transmit to the mutual fund and/or the

corresponding AMC, information relating to
my/our nomination/changes in investment
plan/ any other changes made through the
online platform.
3. To obtain and forward to the AMC/its
Authorized Registrar my/our information as
available in the KYC records, including my
signature. I/We agree that such records may
be used by the AMC/Authorised Registrar for
authorizing the transactions that may be
submitted by me/us in physical/offline mode
4. Multiple Investors in a Single WIFS User
Account: I/We acknowledge that for a single
WIFS User Account (Account), I/We can add
multiple investors for separate transactions in
different mutual fund schemes, subject to
applicable KYC norms for such additional
investors.I/We agree that if I am/we are the
Account holder, I/We must specify the
name of investor(s) for every transaction
performed in the Account.
When I/we are adding such additional
investor(s) to my / our Account, I/we
acknowledge that, the additional investor(s)
has seen and accepted all the Terms and
Conditions accepted by the Account holder.

H.M Center, Second Floor, 29, Nungambakkam High Road, Nungambakkam, Chennai 600 034.
website: www.fundsindia.com Phone: 044 4344 3100 email: [email protected]

If I am/we are being added to an account as an

additional investor, I/we acknowledge that
I/we have seen and accepted all the Terms and
Conditions accepted by the Account holder.

WIFS/AMCs discretion. I/We agree that

WIFS/AMC shall always have the right to change
the modes of instructions for purchase, switch
or redemption of units.

I/We further acknowledge that if a transaction is

performed from an Account with an additional
investor(s) in such Account, such transaction will
be deemed to be made jointly with the
additional investor(s) and will be binding on
such additional investor(s).

I/We agree and acknowledge that units

purchased by giving instructions through any of
the above modes will be deemed to be accepted
for redemptions through the same mode only.

I/We agree that all transactions made with

regard to the Account will be binding on all
investors
mentioned
in
such
Account/transactions, as the case may be.
5. Communication of instructions
In the event an Account has multiple investors
mentioned in such Account, I/We acknowledge
that all instructions (including instructions for
modification of this clause) shall be given only
by the first holder of such Account, on behalf of
both/all of us All instructions given by the first
holder above shall be binding on both/all as if
given by each of us personally. I/We agree that
the instructions may be for the purchase of units
in the sole name of the first holder or in the
name of the first holder jointly with other
person to the exclusion of the second or the
third holder. I/We hereby authorize WIFS/AMCs
to process and transmit such instructions
given from time to time in relation to my/our
transactions to the respective mutual
funds/AMCs.
The transactions for purchase or redemption of
the units may be done through the online
method as required by WIFS. I/We agree that
WIFS/AMC reserves the right to remove or add
any method of making instructions for purchase
or redemption of the units at any time at

WIFS may refuse to transmit transaction data

for the clients unless they are given in a
manner and form acceptable to WIFS and in
accordance with WIFSs right to verify such
transactions. However, WIFS shall have no
responsibility to determine the authenticity of
any transactions done or purported to be done
by me/us. I/We shall not hold WIFS liable on
account of WIFS acting in good faith on any
of/our transaction done or purported to be
done by me/us.
The mutual funds/AMCs may at its discretion
not give effect to my/our transactions where
the mutual fund/AMCs/WIFS have reason to
believe (which decision of mutual fund /
AMCs /WIFS, I/We shall not question or
dispute) that the transactions are not genuine
or are otherwise improper, ambiguous or
unclear or raise a doubt. WIFS/AMC/Mutual
Fund/trustee of the AMC shall not be liable for
any losses including but not limited to the loss
of any opportunity costs incurred by me/us, if
any, transactions are not carried out for any
reasons whatsoever.
I/We agree to indemnify WIFS, AMC,
trustees to the AMC, its respective officers,
directors, employees and agents against any
improper/
fraudulent
transactions,
improper/fraudulent fund transfer transactions
done or purported to be done by me/us on the
online technology platform / payment gateway

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website: www.fundsindia.com Phone: 044 4344 3100 email: [email protected]

provided by WIFS. WIFS/AMC shall not be

obliged to accept from me/us any oral
instructions for carrying out any transactions
in mutual fund units. Further WIFS, AMC,
trustees to the AMC, its respective officers,
employees and agents shall be indemnified for
and held free and harmless from and against
any and all costs, claims, losses or liabilities of
any nature (direct or indirect) resulting from
the act of purchase, redemption or switch of
mutual fund units, together with any and all
attendant costs and expenses including
reasonable legal fees and expenses, that WIFS,
AMC, trustees to the AMC, its respective
officers, employees and agents may incur or be
subject to, in relation to the transactions
conducted by me/us on the online technology
platform of WIFS. I/We also acknowledge that
the security and the control provided by WIFS
are designed to verify the source the
communication and not to detect errors in
transmission
or
content
including
discrepancies between names on the account
numbers
and
that
WIFS
or
any
intermediary, may transmit data or take
requisite action by reference account number
only, even if the name on the account is also
provided. Nothing contained herein shall
require WIFS to violate any applicable laws,
rules or the procedures/ instructions. WIFS
shall have no duty to verify the content of any
transactions, instructions and communication,
whether or not authorized, sent in its name
and accepted by WIFS. WIFS will collate and
transmit the transaction data and other details
as it is received and stored on its servers and
will not validate the same for holdings,
correctness of transaction and any other
information.
6. Holding pattern and Customer details

I/We acknowledge and agree that the WIFS

holding pattern of the Registered Customer, as
reflected in the WIFS system, is deemed to be
the WIFS account holding pattern of the account
holder/investor(s).
I/We also agree there will be no changes
allowed in the holding pattern of the investors
associated with the Account once the Account is
activated.
I/We agree that once an investment is made
using the holding pattern, I/We will not be
allowed to change the holding pattern for the
subscriptions.
The other requisite data (which is not part of the
form) required to be reported to AMC /
authorized registrar of the AMC will be
extracted from WIFS account details maintained
for the First holder. The mode of holding in all
customer joint accounts is treated as Anyone
or Survivor.
7. Statement of account
I/We agree and acknowledge that it shall be the
obligation of the AMC and not of WIFS to
regularly send to the Registered Customer (only
to first holder in cause of multiple / joint
holdings) such communications as required
under the SEBI Regulations.
8. Charges and Fees
While currently, the Services offered by WIFS
are free of transaction charges, I/We
acknowledge that WIFS reserves the right to
charge fees in the future for the Services or any
other services offered by WIFS. Any such
changes will be communicated by WIFS via
email 14 days ahead of implementation, and will
be displayed on the WIFS Websites. Under such
circumstances, I/we understand that I/We will

H.M Center, Second Floor, 29, Nungambakkam High Road, Nungambakkam, Chennai 600 034.
website: www.fundsindia.com Phone: 044 4344 3100 email: [email protected]

be allowed to transfer our assets out of my/our

Account without incurring any costs payable to
WIFS.
I/We agree and understand that any such
charges/fees that WIFS may choose to levy will
be in addition to those levied by the AMCs, if
any. All fees, charges and reimbursement of
expenditure shall be paid or made in full by
me/ us without any counter claim, set off or
withholding. All liabilities and obligations of
the Registered Customer hereunder to
WIFS/mutual fund/AMCs/trustees of the AMC
shall be joint and/or several, as the case may
be.
9. Third party Risk
WIFS shall not be liable for any loss or damage
caused by reason of failures or delay of the
mutual fund to deliver any units purchased even
though payments have been made for the same,
or failure or delay in making payment in respect
of any units sold, though they may have been
delivered and I/We shall hold WIFS harmless
and free from any claim in respect thereof. WIFS
shall also not be liable for any delay, failure or
refusal of the mutual fund in registering or
transferring units to my/our names or for
any interest, dividend or other loss caused to
me/ us arising therefrom.
In such instances of third party claims, the
AMC/mutual fund/trustees to the mutual fund
shall be liable for failure/delay only where such
claims/losses arise due to a reason entirely
attributable to an error or gross negligence of
the AMC. In no event shall the AMC/mutual
fund/trustees to the mutual fund be liable for
losses/claims arising due to force majeure
reasons beyond the reasonable control of the
AMC/mutual fund.

10. Liability of WIFS

WIFS shall not in absence of gross negligence
on the part of WIFS, be liable to me/us for any
act, omission or delay by the mutual fund or
for any claims which I/We may suffer or incur
as a result of or in course or discharge by WIFS
or its employees, officers, directors, nominee
or agent of WIFS duties.
Without prejudice to the above, WIFS shall not
be held liable for any loss or damage or failure
to comply or delay in complying with its
obligations under these Terms and Conditions
which is caused directly or indirectly by any
event or circumstances beyond WIFS
reasonable control. These include system
failure, network errors, delay or loss of data
due to the above and in circumstances of acts
of God, floods, epidemics, quarantine, riot, civil
commotion and/or war. I/We further agree
that WIFS shall not be held liable for any
losses, damages, expenses, costs, liabilities and
claims of whatsoever nature caused by
fraudulent or unauthorized use or access of
my/our information, and/or signatures. WIFS
will be under no duty to verify compliance with
any restrictions on my/our investment powers.
WIFS will not be liable for any loss, damage,
cost, charges or expenses directly or indirectly
caused by reasons of any defects or
imperfections or mechanical or other failure
with relation to computer, cable, telex,
telephone or postal system.
While WIFS will make every effort to have its
computer systems available at all times, WIFS
makes no guarantees with respect to the
availability of such systems. WIFS will make
every effort to resolve availability issues such as
network problems, virus attacks etc. in an
expeditious manner. Notwithstanding these,

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WIFS will as such not be liable for any loss,

damage, cost, charges or expenses directly or
indirectly caused by reasons of lack of such
availability.
11.Intentionally left blank.
12. ELECTRONIC Payment Gateway
I/we understand that funds transfer for
purchase of units of mutual funds will be done
by using an Electronic Payment Gateway facility
for net banking offered through a third party net
banking service provider registered with the
Reserve Bank of India. I/we agree not to use or
permit the use of the payment gateway or any
related services for any illegal or improper
purposes.
I/we hereby acknowledge that I/We am/are
utilizing the Electronic Payment Gateway at
my/our risk. I/we agree and understand that
these risks would include but not be limited to
the following risks and WIFS/AMC/trustees of
the AMC, disclaim all liability and responsibility
for any claims, losses, damages, costs of
whatsosever nature arising due to such risks:
(a) Misuse of Password:
I/we acknowledge that if any third party obtains
access to my password of the Investments
Services Account, such third party would be able
to transact on WIFSs online technology
platform. I/We shall ensure that the terms and
conditions applicable to the use of the Net
Banking password as contained in the Electronic
Payment Gateway for Net Banking are complied
with at all times.
(b) Internet Frauds:
I/We understand that the Internet per se is
susceptible to a number of frauds, misuse,

hacking and other actions, which could affect

payment instructions given using Electronic
Payment Gateway or the transactions done
using WIFSs online technology platform. Whilst
WIFS shall aim to provide security to prevent
the same, there
cannot be any guarantee
against such Internet frauds, hacking and other
actions. I/We shall separately evolve/evaluate
all risks arising out of the same.
(c) Mistakes and Errors:
The filling in of applicable data for transfer
would require proper, accurate and
complete details. In the event of my/our
account receiving an incorrect credit by reason
of a mistake committed by any third party, the
concerned mutual fund/AMC or the
bank
shall be entitled to reverse the incorrect
credit at any time whatsoever without my/our
consent. I/We shall be liable and responsible to
WIFS/ concerned mutual fund /concerned
AMC and accede to accept instructions without
questions for any unfair or unjust gain
obtained by me/us as a result of the same.
(d) Technology Risks:
The technology for enabling the transfer of
funds and the other services offered by the
Electronic Payment and WIFS could be affected
by virus or other malicious, destructive or
corrupting code, program or macro. I/We
understand that the site of WIFS or the bank
may require maintenance and during such
time it may not be possible to process my/our
request. This could result in delays in the
processing
of
transactions/payment
instructions or failure in the processing of
transactions/payment instructions and other
such failures and inability. I/We understand
that WIFS disclaims all and any liability,
whether direct or indirect, whether arising out

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website: www.fundsindia.com Phone: 044 4344 3100 email: [email protected]

of loss of profit or otherwise arising out of any

failure or inability by WIFS/bank/mutual
funds/AMCS
to
process
any
transaction/payment
instructions
for
whatsoever reason. I/We understand and
accept that WIFS/AMC/trustee company of
the AMC, authorised registrars of the AMC
shall not be responsible for any of the
aforesaid risks.
(e) Limits:
I/We are aware that WIFS may from time
to time impose maximum and minimum limits
on funds that may be transferred by virtue of
the payment transfer service given. I/We
realize and accept and agree that the same is
to reduce my/our risks. I/We shall be bound by
such limits imposed and shall strictly comply
with them.
(f) Indemnity:
I/We agree and undertake to indemnify
WIFS/mutual funds/AMCs/trustees to the
AMCs/authorized registrar of the AMC from and
against all losses and damages that may be
caused as a consequence of breach of any of the
Electronic Payment Gateway for net banking
and the terms and conditions mentioned herein
above.
(g) Withdrawal of Facility:
WIFS shall be entitled to withdraw this service
at any time without assigning any reason
whatsoever.
(h) Binding nature of above terms and
conditions:
I/We agree that by use of this facility, I/We
shall deemed to have agreed to all the above
terms and conditions and such terms and
conditions shall be bound on me/us in the same

manner as if I/We have agreed to the same in

writing.
13. Role of WIFS
I/We expressly agree and acknowledge that any
information contained in WIFS brochures or
other materials or otherwise communicated by
WIFS shall not be construed by me/us as
investment advice and that all decisions to
purchase or sell units made by me/us shall be
on the basis of my/our own personal judgment
arrived at after due consideration. I/We
understand and agree that WIFS does not in
any manner:
i. Guarantee payments on any units; or
ii. Guarantee liquidity of any units; or
iii. Make any offer to buy back any units; or
iv. Guarantee the redemption or repayment
of any units on maturity; or
v. Guarantee the payments of interest or
dividend; or
vi.
Promise, indicate or guarantee any
returns; or
vii. Guarantee any good delivery.
I/We further understand and agree that WIFS
does not in any manner:
i. subscribe to units of mutual funds on my/our
behalf or in my/our name or collects
payments from me/us for the units so
purchased by me/us for remitting it further
to the AMCs; or
ii.
receive any account statement from
mutual funds/AMCs, on my/our behalf or in
my/our
name pertaining to the units; or

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iii. redeem /sell the units held by me/us

on my/our behalf or in my/our name; or
iv. unilaterally instruct the mutual fund and/or
the corresponding AMCs with regards to
nomination/changes
in
investments
plan/any other changes; or
v. sign any document on my/our behalf or in
my/our name for purchase, sale or
redemption of units; or
vi. collect, receive and / or give receipts and
discharges for any sum including dividend,
interest or income arising from the units
and does not sign and/or endorse dividend
and interest warrants on my/our behalf or
in my/our name; or
vii. correspond with or gives notice to the
mutual fund/AMCs on my/our behalf or in
my/our name, except for transmission of
transactions done or purported to be done
by me/us on the online technology
platform.
I/We understand and acknowledge that WIFS
does not offer any advice and nothing herein
or on the WIFS Website shall be construed as
investment advice by me/us.
I/We understand that any sum invested
through WIFS Investment Services Account is
not a deposit with WIFS and is not bank
insured. The same is not endorsed or
guaranteed and does not constitute obligations
of WIFS or any of the subsidiaries associates or
affiliates companies whose role in only as
described in these Terms and Conditions.
Investments in mutual fund are subject to
investment risk, including the possible loss of
principal amount invested. The value of
my/our units will fluctuate. If I/We redeem
my units/shares, I/We may receive more or

less than I/We paid depending upon NAV of

the units in the fund or trust at the time of
redemption. Past results are not a guarantee
to future performance. Past performance may
or may not be sustained in the future.
14. Correspondence
Any notice or other correspondence addressed
by WIFS to me/us may be addressed to the
first holder above at the address given by
me/us or as may be intimated from time to
time. If according to me/us there is any
discrepancy in the particular or details of my
transaction or account of statement then I/We
shall be obliged to intimate the same to WIFS
and
to
the
concerned
mutual
fund/AMC/authorised registrar of the AMC in
writing within 7 (seven) working days of the
first holder receiving notice thereof, falling
which such transaction, statement or account
(as the case may be) shall be deemed to be
correct and accepted by me/us and I/We
shall
not
be entitled to question the
correctness or accuracy thereof.
15. Use of WIFS Websites
I/We acknowledge that in accessing and using
the Services offered by WIFS, I/We may utilize
the content and services offered on the WIFS
Websites. I/We agree to follow the terms
and conditions for the use of such WIFS
Websites as may be specified on such WIFS
Websites from time to time (WIFS Website
Terms). Notwithstanding such acceptance of
the WIFS Website Terms, I/We agree to the
following:
i.
I/We agree that all information,
content, materials, products (including, but not
limited to text, content, photographs, graphics,
video and audio content) on the WIFS

H.M Center, Second Floor, 29, Nungambakkam High Road, Nungambakkam, Chennai 600 034.
website: www.fundsindia.com Phone: 044 4344 3100 email: [email protected]

Websites is protected by copyright in the

favour of WIFS under applicable copyright laws
and is also protected otherwise under general
intellectual property law.
ii.
I/We agree that all information
submitted by me/us to WIFS whether through
the WIFS Websites or otherwise shall be
deemed to be the property of WIFS, and WIFS
shall be free to use any ideas, concepts, know
how or techniques provided by me/us at the
WIFS Websites, in any manner whatsoever.
iii. I/We agree not to copy, reproduce, sell,
redistribute, publish, enter into a database,
display, perform, modify, transmit, license,
create derivatives from, transfer or in any way
exploit any part of any information, content,
materials, services available from or through
the WIFS Websites, except that which I/We
may download for my/our own personal,
noncommercial use.
iv.
I/We agree that I/we will not use WIFS's
Websites for any purpose that is unlawful, or
prohibited by these Terms. I/We also agree
that I/we will not use WIFS Websites in any
manner that could damage, disable or impair
WIFS' Websites or interfere with any other
persons use or enjoyment of WIFS Websites.
v.
I/We agree that the software and
hardware underlying WIFS Websites as well as
other internet related software which are
required for accessing the WIFS Website are
the legal property of the respective Vendors.
The permission given by WIFS to access the
WIFS Websites will not convey any proprietary
or ownership rights in the above software/
hardware. I/We agree that I/We shall not
attempt to modify, translate, disassemble,
decompile or reverse engineer the software/
hardware underlying the WIFS Website or

create any derivative product based on the

software / hardware.
vi.
I/We agree that not all the products
and services offered on WIFS Websites are
available in all geographic areas and I/We may
not be eligible for all the products or services
offered by WIFS on the WIFS Websites.
WIFS reserves the right to determine the
availability and eligibility for any product or
service.
vii.
I/We agree that WIFS/AMC is not
responsible for the availability of content or
other services on third party sites linked from
the WIFS Websites. I/We are aware that access
of hyperlinks to other internet sites are at my/
our own risk and the content, accuracy,
opinions expressed, and other links provided
by these sites are not verified, monitored or
endorsed by WIFS in any way. WIFS does not
make any warranties and expressly disclaims
all warranties express or implied, including
without limitation, those of merchantability
and fitness for a particular purpose, title or
non infringement with respect to any
information or services or products that are
available or advertised or sold through these
third party websites.
viii.
I/We agree that WIFS has the absolute
discretion to amend or supplement any of the
WIFS Website Terms at any time without prior
notice for such changes. I/We agree that the
information and assistance provided on the
WIFS Websites are true to the knowledge of
WIFS and should not be construed as
investment advice, and that WIFS shall have no
liability for any discrepancy in any such
information or assistance.
ix.
I/We agree that an Account may be
created offline, without accessing the WIFS

H.M Center, Second Floor, 29, Nungambakkam High Road, Nungambakkam, Chennai 600 034.
website: www.fundsindia.com Phone: 044 4344 3100 email: [email protected]

Websites. In the event I/We create an

investment services account offline, I/We
understand and acknowledge that these Terms
and Conditions and the Terms and Conditions of
use of the WIFS Websites will continue to be
applicable to me/us for the use of the Services.
16. Customer Information
I/We agree to provide any and all information
that may be required by WIFS/AMC/authorised
service providers of the AMC from time to time
in compliance with existing legal norms and
regulations, including but not limited to
contact information, address and taxrelated
information and any information required
under existing or future KYC norms and laws.
I/We agree that WIFS/AMC/authorized service
providers of the AMC may take steps to verify
the veracity of such information provided by
me/us and I/We agree to cooperate with
WIFS/AMC/authorized service providers of
AMC in providing all information requested by
WIFS. I/We acknowledge that failure to
provide such information in a timely manner
may result in my/our ineligibility to avail of
some or all of the services of WIFS and that
WIFS/AMC/Trustees of AMC shall in no way be
held liable for any losses of whatsoever nature
resulting from such failure to provide
information on my/our part. I/We agree that
any information provided by me may be
required to be shared with relevant regulatory
/ statutory authorities and I authorise WIFS to
provide all information to such regulatory /
statutory authorities as and when required.

hereunder notwithstanding such termination

incurred prior to the date on which such
termination shall become effective.
18. Governing Law and Jurisdiction Clause
All disputes and differences arising out of,
under or in connection with these terms
and conditions or anything done hereunder
shall be within the exclusive jurisdiction only
to the courts of Chennai. These terms and
conditions are subject to and shall be
construed in accordance with the laws
prevalent in India.

Signature

17. Termination
WIFS may terminate the Services by giving 30
days prior notice in writing to the Registered
Customer provided that the Registered
Customer shall not be relived of obligations
H.M Center, Second Floor, 29, Nungambakkam High Road, Nungambakkam, Chennai 600 034.
website: www.fundsindia.com Phone: 044 4344 3100 email: [email protected]