D. i) Address in full of Sole / First Applicant / Parent or Guardian of Minor (Strike off whichever is not applicable) 2. Joint
3. First Holder or
Survivor(s)
4. Any one or
Survivor(s)
CITY PIN TEL NO.
All Future communications in connection with this application should be addressed to the authorised centre where the application alongwith Signature, Stamp & Date
the subscription was submitted, quoting full name of the Sole / First applicant and the Application Serial Number.
K. PAYMENT OF DIVIDEND / REDEMPTION (See Instruction No. 22)
L. BANK ACCOUNT DETAILS : (Please note that as per SEBI Regulations, It is mandatory for investors to provide their bank account details)
Name of the Bank Name of the Branch
Account No. Bank City Pin Code
Type of A/c. Current Saving NRO NRE FCNR NRSR OTHERS
9 Digit Code No. of the bank appearing in MICR Band for ECS PAYMENT
RTGS : IFSC CODE
M. TO BE FILLED IN IF APPLICATION IS FROM AN INSTITUTION OR FOR THUMB IMPRESSION ATTESTATION (Refer Instruction No. 6 & 7)
Name of Authorised Signatory / Attestor Designation / Occupation Signature
1. 1. 1.
2. 2. 2.
N. INVESTMENT DETAILS
Investment by Switch* Investment by Physical Payment (Give details in the Table below) *For investment by Switch please fill the details as at item no.O
Scheme Option Payment Instrument Amount DD Charges Drawn On Bank Account FOR OFFICE USE
number (As per the (name/ place) Type for (To be filled in by the agent/chief agent /
instrument) NRI Marketing Associates / Mutual Fund
investing Offices and verified by area office with
reference to the deposit slip attached)
Deposit Slip Lodgement Lodgement
Number Date bank
LICMF INFRA-
STRUCTURE Growth Chq. NRO
FUND Dividend DD NRE
Min. Amt. for Payout
investment Dividend FCNR
Rs. 5,000/ Reinv. NRSR
Div. = Dividend, Reinv. = Reinvestment, Chq. = Cheque, DD = Demand Draft
O. SWITCH IN
Switchout Scheme Name Folio No. / Account No.:
No. of Units : Option :
P. NOMINATION
First Nominee's Full Name (Mr./Ms.)
Nominee’s Address
Address of Parent/Guardian
To DECLARATION
LIC Mutual Fund
Dear Sirs,
Having read and understood the Offer Document and conditions of LICMF INFRASTRUCTURE FUND. I/We hereby apply for its units and agree to abide by the terms and conditions of the Scheme and any amendments thereof.
“I/We have understood the detail of the scheme and I/We have not received or being included by any rebate or gifts, directly or indirectly, in making this investments”. “I/We confirm that I/we have not received and will
not receive any commission or brokerage or any other incentive in any form, directly or indirectly for subscribing to the scheme” (Non Resident Indians only) I/We confirm that I am / We are Non-residents of Indian Nationality
/ orgin and that I/We have remitted funds from abroad through approved banking channels or from funds in my/our Non-resident External / FCNR account.
Date : __________________________ Place : _____________________
SIGNATURE OF
APPLICANTS
First Applicant/Parent or Guardian/ Second Applicant/ Power of Attorney Holder Third Applicant/ Power of Attorney Holder
Karta of HUF/Authorised Signatory
CORPORATE OFFICE : LIC Mutual Fund, 4th Floor, Industrial Assurance Building, Opp. Churchgate Station, Churchgate, Mumbai - 400 020
• Phone: 22842521/22851661/63 • Fax: 22040039/22880633 • E-mail: jbsamc@bom3.vsnl.net.in/jbsmktg@hathway.com
REGISTRARS AND M/s. KARVY COMPUTERSHARE PVT. LTD., Unit: LIC Mutual Fund, Karvy Plaza, H. No. : 8-2-596, Avenue 4, Street No. 1,
TRANSFER AGENTS : Banjara Hills, Hyderabad – 500 034.
Phone : (040) 23312454/23320751/52 • Fax : 23311968/23388705 • E-mail : mailmanager@karvy.com • www.karvy.com
AREA OFFICES AHMEDABAD 9375090006 / 9924403147 BANGALORE 9845172957 / 9972092957 / 9342502327 BHUBANESHWAR 9438132162
/ 9433385566 / 9338007698 / 9338227225 CHENNAI 9382315850 / 9949124305 ERNAKULAM 9895036554 / 9349738881 HYDERABAD 9392471583
/ 9390060072 INDORE 9303283574 / 9425870126 JAIPUR 9314476770 / 9829098323 / 9929968140 KANPUR 9415060134 / 9336209092/ 9336209091
KOLKATA 9339002578 / 9339002574 / 9339531895 / 9339531896 MUMBAI 9324543832 / 9323181203 / 9323180802 / 9321026748 NASHIK
9326666788 NEW DELHI 9818039607 / 9811108744 / 9911519470 RAIPUR 9329731077 / 9301701133 / 9329778201 RANCHI 9431124556 /
9334768543 PATNA 9334861988 / 9431063908 GOA 9423056809 / 9890711551
Investment objective The investment objective of the scheme is to provide long term growth from a portfolio of equity / equity
related instruments of companies engaged either directly or indirectly in the infrastructure sector.
Asset Allocation Patternof the Scheme Instrument Indicative allocation Risk profile
(% of corpus)
Equity and equity related instruments of companies engaged either
directly or indirectly in the infrastructure sector 70 - 100% High
Debt* and Money Market Instruments 0 - 30% Low to Medium
* Debt includes securitized debt upto 30%
Risk Profile: Mutual Fund investments are subject to market risks. Please read the offer document carefully for details on
risk factors.
Plan and Option 1. Dividend 2. Growth
Applicable NAV (after the scheme Investors can purchase / sell the units at the applicable sale /repurchase price calculated as follows:
opens for repurchase and sale) Sale Price = APPLICABLE NAV * (1 + Entry Load, IF ANY)
Repurchase Price = APPLICABLE NAV * (1- Exit Load, IF ANY)
Sale / Repurchase prices will be as per the prevailing load structure.
Please find below the illustration on what will be the sale / repurchase price depending on load structure.
Applicable NAV = Rs. 10.0000 Applicable NAV = Rs. 10.0000
Entry Load = 1% Exit Load = 1%
Sale Price = 10.1000 Repurchase Price = 9.9000
For purchase, valid applications received upto 3 p.m. by at the authorised centres alongwith a local cheque/
DD payable at par at the place where application is received, the closing NAV of the day on which application
is received shall be applicable. If the application is received after 3 p.m., the closing NAV of the next
business day shall be applicable. However, in respect of valid applications with outstation cheques/DD not
payable at par at the place where the application is received, closing NAV of the day on which cheque/DD is
credited shall be applicable. For redemptions, valid application received upto 3 p.m. at the authorised
centres, same day's closing NAV shall be applicable. If received after 3 p.m., closing NAV of the next
business day shall be applicable. Valid applications for "switch out" shall be treated as redemptions and for
"switch in" shall be treated as purchase and the above mentioned guidelines shall be applicable.
The NAV will be calculated and declared on all business days.
Minimum Application Amount / Option Fresh Purchase Additional Purchase Repurchase
Number of Units Dividend 5000 1 Not Applicable
Growth 5000 1 Not Applicable
Despatch of Repurchase Within 10 working days of the receipt of the redemption request at the authorised centre of the LIC Mutual
(Redemption) Request Fund.
Benchmark Index BSE 100
Dividend Policy The Fund expects to declare dividends on a regular basis even though declaration of dividend is not
guaranteed. Dividends declared will either be distributed under the Dividend option or will be reinvested in
the scheme at the prevailing NAV, subject to the prevailing load structure under the Dividend Reinvestment
option such that additional units of the scheme based on the amount of dividend payable will be credited to
the unitholder's account. The plan thus offers regular saving of income. Unitholders may select to either
receive or reinvest their Dividend in additional units of the scheme by indicating their decision in the
application form.
There is no assurance or guarantee regarding rate and frequency of income distribution though it is the
intention of the Fund to make income distribution under the above option.
Fund Manager Mr. Nagendra Singh
Name of the Trustee Company LIC Mutual Fund Trustee Company Private Limited
Performance of the similar schemes LICMF Equity Fund Last 1 year return Since Inception
(as on 31-12-2007) Scheme Return 62.74% 16.05%
Benchmark return (Sensex) 46.84% 20.75%
CORPORATION BANK
BANGALORE (M.G. ROAD) BANGALORE-M.G.ROAD 114 Mahatma Gandhi Road BANGALORE – 560001 BELGAUM (KIRLOSKAR ROAD) BELGAUM-KIRLOSKAR ROAD 1685/A/1A, Khadi & Gramodyog Sahakari Utpadakara Sangha Bld Kirloskar Road BELGAUM
– 590002 BELLARY, 214-(1), Ward, Bangalore Road, Brucepeth, P.B.No.20, BELLARY, 583101 BHADRAVATHI-B.H.ROAD, B.H.Road, P.B.No.302, BHADRAVATHI - 577303 Cambay Branch Building No. 1192/B/2, Ground Floor, Station Road, P.B.No. 60, Cambay
- 388 620 Gujarat CHENNAI (WHITES ROAD) CHENNAI-ANNA NAGAR 7 Star Building I Floor, A-80 III Avenue, Anna Nagar East CHENNAI – 600102 COIMBATORE (OPPANAKARA STREET) COIMBATORE 816, Oppanakara Street P.B.No.119 COIMBATORE
– 641001 DAVANGERE-P.B. ROAD 3662, Poona Bangalore Road DAVANGERE - 577 002 DANDELI, “Inthru Complex”, Near Bus Stand, DANDELI- 581325 DHARWAD, Sujatha Complex, P.B.No.22, Puna Bangalore Road, DHARWAD-580001 GWALIOR GWALIOR
Senior House Phalke Bazaar Lashkur GWALIOR – 474001GULBARGA GULBARGA I Floor, 10/71,Rizwan Building Super Market Complex Main Road, P.B.No.28 GULBARGA – 585101 HARIHAR, Bharath Beedi Building, Poona-Bangalore Road, P.B.No.31, HARIHAR-
577601 HAVERI, “Shanthesh Building”, J.P.Road, P.B.No.14, HAVERI- 581110 HUBLI (NEW COTTON MARKET) HUBLI-NEW COTTON MARKET 128, Sri Moorusaviramath Ginning & Pressing Co., Bldg. P.B.No.605, New Cotton Market HUBLI – 580029 Kasargod
Branch 11/282, Srirampet, P.B.No. 47, Kasargod - 671121 Kerala Kanpur - Kidwai Nagar Branch 1282, Y Block, Kidwai Nagar, Kanpur - 208011 Uttar Pradesh KOLAR, Rahamania Complex, 1st Floor, Doddapaet, P.B.No.18, KOLAR-563131 KUMTA, Old Post
Office Road, P.B.No.18, KUMTA- 581343 KUNDAPURA, “Guruprasad”, Main Road, P.B. No. 11, KUNDAPURA- 576201 MADIKERI, College Road, P.B.No.21, MADIKERI- 571201 MADURAI (VENGALAKADAI STREET) MADURAI-VENGALAKADAI STREET 10-10/
A, First Floor Vengalakadai Street P.B.No.286 MADURAI – 625001MANDYA, 1164 Vishweshwariah Road, Ashoknagar, P.B.No.31, MANDYA- 571401 MANGALORE (POONJA ARCADE) MANGALORE- ANDESHWAR Mangaladevi Temple Road Pandeshwar P.B.No.42
MANGALORE – 575001 MYSORE (SAYYAJI RAO ROAD) MYSORE-MAIN Sayyaji Rao Road MYSORE – 570001 MUMBAI 1st Floor, Earnest House, Nariman Point, Mumbai- 400 021 NEW DELHI (CONNAUGHT CIRCUS) NEW DELHI-BHIKAJI CAMA PLACE Flat
Nos.124 to 130 3, Ansal Chambers - I Madame Bhikaji Cama Place NEW DELHI – 110066 PUTTUR, J L Complex, Main Road, P B NO.24, PUTTUR - 574201 RAICHUR 11-9-28, Brehstawarpet P.B.No.5 RAICHUR – 584101 RAICHUR RANIBENNUR, L P M Complex,
Station Road, P.B.No.11, RANIBENNUR- 581115 RAIPUR BRANCH 1st Floor, Raipur Transport Co., Great Eastern Road, P.B.No. 117, Raipur - 492 001 Chhatisgarh SAGAR, Jayachamarajendra Road, P.B.No.11, SAGAR- 577401 SALEM (SHEVAPET) SALEM-
SHEVAPET 31/32, Appuchetty Street Shevapet SALEM – 636002 SIRSI, Jayashree Lodge Building, Five Road Circle, P.B.No.32, SIRSI- 581401 SHIMOGA SHIMOGA M.G. Building B.H. Road P.B.No.22 SHIMOGA – 577201Tirur Branch P.C.C.M.Society Building
Ponnani Road,P.B.No. 74 TIRUR - 676 001 TUMKUR M.G.Road P.B.No.39 TUMKUR – 572101 UDUPI UDUPI P.B.No.15 Corporation Bank Building Corporation Bank Road UDUPI – 576001
YES BANK
C.G. Road, Ahemdabad C.G.Centre, C.G.Road Ahmedabad 380 009 Kasturba Road, Bangalore Prestige Obelisk, Municipal No.3, Kasturba Road, Bangalore 560001 Race Course Circle,Baroda CORNER SQUARE, Race Course
Circle,Baroda 390 007. (Next To West Side / INOX) Sector 9C,Chandigarh Shop Cum Office (SCO) No. 151-152, Sector 9 C, Madhya Marg, Chandigarh 160 017 Nungambakkam,Chennai 143, Nungambakkam High Road,Chennai
600 034 Faridabad SCO-4, Sector 16,Haryana,Faridabad 121 002 Ghaziabad Plot C–37, Rajnagar Dist Centre (RDC), Ghaziabad, Uttar Pradesh 201002 Surajpur, Greater Noida DSC Road (Surajpur Dadri Road), Surajpur,Greater
Noida, District Gautambudh Nagar,Uttar Pradesh- 201 306 Mehrauli Gurgaon Road, Gurgaon G5, Fortune Global Arcade, Mehrauli Gurgaon Road, Gurgaon, Haryana 122 002 Somajiguda, Hyderabad Mayank Towers, 6-3-1090/
B/1&2 , Rajbhavan Road Somajiguda, Hyderabad Ashok Marg, Jaipur G2, Ground Floor Green House, Plot O-15, Ashok Marg, Jaipur 302 001 Kolkata 19, Camac Street, Kolkata 700 017 Hazratganj, Lucknow Tulsi Complex,
12 Rani Laxmibai Marg,Hazratganj, Lucknow 226001 Gobind Nagar, Ludhiana B-XX/2427/928, GF – FF, Gobind Nagar,Main Ferozepur Road, Ludhiana - 141001 Margao, Goa Plaza Centre,Abade Faria Road,Margao, GOA 403601
Cadell Road, Mumbai Gr. Floor, Cadel Court, 230-232, Veer Sawarkar Marg (Cadel Road), Shivaji Park, Mumbai-400016. Nehru Centre, Mumbai Discovery of India Bldg., 4th Floor, Dr. A.B. Road, Worli, Mumbai 400 018 Nariman
Point, Mumbai 1A, Mittal Chambers, Nariman Point, Mumbai 400021 Andheri (W), Mumbai G1, Valecha Chambers, Plot B-6, New Link Road, Andheri (W), Mumbai 400 053 Agora, Nashik Shop no 9 to 13, AGORA, Canada
Corner,Junction of Sharanpur and College road Nashik 422002. South Extn., New Delhi D-12, South Extension Part-II New Delhi-110048 Chanakyapuri, New Delhi 48, Nyaya Marg, Chanakyapuri, New Delhi 110 021 Rajouri
Gardens, New Delhi Vishal Enclave, Opposite TDI Mall, Rajouri Garden, New Delhi – 110027 Noida A – 356, Sector 19, Noida, Uttar Pradesh Panjim, Goa Ground and First Floor, Santo Agostinho, 18th June Road, opposite HDFC
Bank, Panjim, Goa, 403 001 Shivaji Nagar, Pune 101, Karan Selene, Bhandarkar Road,Shivaji Nagar, Pune 411 004 Hinjewadi, Pune S.no. 255/1/8, Hinjewadi, Mulshi, Pune- 411027, Landmark- Near TATA Johnson Controls Ltd.
Srinagar Unit No 1-6 , M.S. Mall site, Residency Road Estate, Srinagar, Jammu & Kashmir 190001 Ring Road, Surat Mangal Deep, Ring Road, (Landmark: Near Mahavir Heart Hospital — Near RTO), Surat- 395001
Mandigobindgarh Showroom No. 21, Sector 19 A , Ground Floor,N.R. Plaza, Grand Trunk Road, Mandi Gobindgarh, District Fatehgarh Sahib Punjab
LICMF INFRASTRUCTURE FUND New Fund Offer Opens On : 31st January, 2008
(A 36-months close ended Equity Fund with an automatic New Fund Offer Closes On : 29th February, 2008
conversion into an open ended scheme on expiry of 36-months Repurchase Commences : 26th March, 2008
from the date of allotment)
ISSUE OF UNITS OF FACE VALUE OF RUPEES 10/- EACH DURING THE NEW FUND OFFER PERIOD AND
AT NAV BASED RESALE PRICE WITH APPLICABLE LOADS AFTER THE SCHEME BECOMES OPEN ENDED
KEY INFORMATION MEMORANDUM
This Key Information Memorandum (KIM) sets forth the information, which a prospective investor ought to know before investing. For further details of the scheme/mutual fund, due diligence certificate by the AMC,
key personnel, investors' rights & services, risk factors, penalties & pending litigation, associate transactions etc. investor should, before investment, refer to the offer document available free of cost at any of the
Investor Service Centres or distributors or from the website www.licmutual.com.
The scheme particulars have been prepared in accordance with Securities and Exchange Board of India (Mutual Funds) Regulations 1996, as amended till date, and filed with Securities and Exchange Board of India (SEBI).
The units being offered for public subscription have not been approved or disapproved by SEBI nor has SEBI certified the accuracy or adequacy of this KIM.
INSTRUCTIONS
1. Please read carefully the Offer Document containing the terms of Offer. It must be understood clearly that all applicants are deemed to have accepted the terms subject to which this offer is being made and bind themselves
to the terms upon signing the application and tendering payment.
2. Application Form must be completed in full in BLOCK LETTERS and in ENGLISH. While filling in the names, Please leave a blank space between the name and surname and between two or more parts of the name and address,
eg. SUNIL KUMAR SHARMA
3. Investors already having an account in any of LIC Mutual Fund Schemes should provide their Folio No/Account No. , complete details in Section G and proceed to Section N. The personal details and Bank account details as appearing
in the existing folio/account no. would apply to this investment as well and would prevail over any conflicting information furnished in this form.
4. Mode of holding : Application can be made on Single, Joint, First Holder or Survivor(s) or Anyone or Survivor(s) basis. In the case of holding other than Single, the name and signature of each applicant must be given in the
space provided in the application form. All communications will be addressed and refunds, and other payments, if any, will be made payable to the applicant whose name appears first on the application at the address given
by him/her. Tax benefits will be available only to the First Applicant as per rules. If theapplication is made on behalf of eligible Body Corporate, Institution(s) second applicant is not allowed.
5. In the case of HUF, the Karta will sign on behalf of the HUF. All communications will be addressed to the Karta at the address given by him/her. Refunds and other payments, if any, will also be made payable to the Karta.
6. Signature should be in English or in any of the Indian Languages. Thumb impression must be attested by any authorised Stock Broker or any Agent of LIC Mutual Fund or any LIC Agent who is a member of Divisional Manager's/
Zonal Manager's/Chairman's Club or any Officer of LIC of India or LIC Mutual Fund / LICMFAMC or any Officer of Nationalised Banks or a Magistrate / Notary Public under his/her Official Seal.
7. In case of application under a Power of Attorney the relevant Power of Attorney (or a duly certified copy thereof) must be lodged alongwith the application. In case of application by Limited Companies, Bodies Corporate,
Trusts, Societies, etc.,the relevant documents of authority (or duly certified copies thereof) viz. The Board/Committee Resolution,and list of authorised signatories alongwith their specimen signatures apart from the MoA /
Partnership Deed / Trust Deed / Bye-Laws as the case may be must be lodged alongwith the application.
8. PERMANENT ACCOUNT NUMBER : SEBI has made it mandatory for all applicants including joint holders and guardian to mention his/her Permanent Account Number (PAN) irrespective of the amount of purchase (fresh, additional,
SIP). In order to verify that the PAN of the applicants (in case of application in joint names, guardian in case of minor, each of the applicants) has been duly and correctly quoted therein, the applicants shall attach a photocopy
of the PAN card duly attested by the distributor / agent (AMFI registered) through whom the application is effected or by Bank Manager or Notary or Investor Service Centres of LIC Mutual Fund or ISCs of Karvy. Attestation will be
done after verification with the original PAN card. Applications not accompanied with the above requirements are liable to be rejected. Additionally, in the event of any application form being subsequently rejected for mismatch
of applicant's PAN details with the details on the website of the Income Tax Department, the investment transaction will be cancelled and the amount may be redeemed at the applicable NAV, subject to payment of exit load, if
any, and recovery of unamortised NFO expenses. For further details contact any of our area offices / business centers.
9. PREVENTION OF MONEY LAUNDERING : Prevention of Money Laundering Act, 2002 (hereinafter referred to as "Act") came into effect from July 1, 2005 vide Notification No. GSR 436(E) dated July 1, 2005 issued by Department
of Revenue, Ministry of Finance, Government of India. Further, SEBI vide its circular reference number ISD/CIR/RR/AML/1/06 dated January 18, 2006 mandated that all intermediaries including Mutual Funds should formulate
and implement a proper policy framework as per the guidelines on anti money laundering measures and also to adopt a Know Your Customer (KYC) policy. The intermediaries may, according to their requirements specify additional
disclosures to be made by clients for the purpose of identifying, monitoring and reporting incidents of money laundering and suspicious transactions undertaken by clients. SEBI also issued another circular reference no. ISD/
CIR/RR/AML/2/06 dated March 20, 2006 advising all intermediaries to take necessary steps to ensure compliance with the requirement of section 12 of the Act interalia maintenance and preservation of records and reporting
of information relating to cash and suspicious transactions to Financial Intelligence Unit-India (FIU-IND), New Delhi. The investor(s) should ensure that the amount invested in the scheme is through legitimate sources only
and does not involve and is not designated for the purpose of any contravention or evasion of the provisions of the Income Tax Act, Prevention of Money Laundering Act, Prevention of Corruption Act and / or any other applicable
law in force and also any laws enacted by the Government of India from time to time or any rules, regulations, notifications or directions issued thereunder.
To ensure appropriate identification of the investor(s) under its KYC policy and with a view to monitor transactions for the prevention of money laundering, LIC Mutual Fund Asset Management Company Limited ("the AMC")
/ LIC Mutual Fund ("the Mutual Fund") reserves the right to seek information or obtain and retain documentation for establishing the identity of the investor, proof of residence, source of funds, etc. It may re-verify identity and
obtain any incomplete or additional information for this purpose. The investor(s) and their attorney, if any, shall produce reliable, independent source documents such as photographs, certified copies of ration card/ passport/
driving license/PAN card, etc. and/or such documents or produce such information as may be required from time to time for verification of the identity, residential address and financial information of the investor(s) by the AMC/
Mutual Fund. If the investor(s) or the person making payment on behalf of the investor(s), refuses / fails to provide the required documents/ information within the period specified in the communication(s) sent by the AMC to
the investor(s) then the AMC, after applying appropriate due diligence measures, believes that the transaction is suspicious in nature within the purview of the Act and SEBI circulars issued from time to time and/or on account
of deficiencies in the documentation, shall have absolute discretion to report suspicious transactions to FIU-IND and / or to freeze the folios of the investor(s), reject any application(s) / allotment of units and effect mandatory
redemption of unit holdings of the investor(s) at the applicable NAV subject to payment of exit load, if any, and recovery of unamortised NFO expenses in terms of the said communication sent by the AMC to the investor(s)
in this regard. The KYC documentation shall also be mandatorily complied with by the holders entering the Register of Members by virtue of operation of law e.g. transmission, etc. The Mutual Fund, LICMF Asset Management
Company Limited, LICMF Trustee Company Pvt. Limited and their Directors, employees and agents shall not be liable in any manner for any claims arising whatsoever on account of freezing the folios / rejection of any application
/ allotment of units or mandatory redemption of units due to non-compliance with the provisions of the Act, SEBI circular(s) and KYC policy and / or where the AMC believes that transaction is suspicious in nature within the
purview of the Act and SEBI circular(s) and reporting the same to FIU-IND.
10. KNOW YOUR CUSTOMER (KYC) COMPLIANCE: In terms of the Prevention of Money Laundering Act, 2002, the Rules issued there under and the guidelines/circulars issued by SEBI regarding the Anti Money Laundering (AML
Laws), all intermediaries, including Mutual Funds, have to formulate and implement a client identification programme, verify and maintain the record of identity and address(es) of investors.
In order to make the data capture and document submission easy and convenient for the investors, Mutual Fund Industry has collectively entrusted the responsibility of collection of documents relating to identity and address
of the investor(s) to an independent agency (presently CDSL Ventures Limited) which will act as central record keeping agency ('Central Agency'). As a token of having verified the identity and address of the investor(s) and
for efficient retrieval of records, the Central Agency will issue a KYC Acknowledgement Letter (previously known as Mutual Fund Identification Number - MIN* Allotment Letter) to each investor who submits an application
and the prescribed documents to the Central Agency.
Investors should note that it is mandatory for all applications for subscription of value of Rs.50,000/- and above to quote the KYC Compliance Status of each applicant (guardian in case of minor) in the application for subscription
and attach proof of KYC Compliance viz. KYC Acknowledgement Letter (or the erstwhile Mutual Fund Identification Number* (MIN) Allotment Letter). Applicants intending to apply for units through a Power of Attorney (PoA)
must ensure that the issuer of the PoA and the holder of the PoA must mention their KYC Compliance Status and attach proof of KYC Compliance at the time of investment above the threshold. The KYC status will be validated
with the records of the Central Agency before allotting units. LIC Mutual Fund will not be held responsible and / or liable for rejection of KYC Form, if any, by the Central Agency. Applications for subscriptions of value of Rs.
50,000 and above without a valid KYC compliance may be rejected. Provided further, where it is not possible to verify the KYC compliance status of the investor at the time of allotment of units, the Trustee / AMC shall verify
the KYC compliance status of the investor within a reasonable time after the allotment of units. In the event of non compliance of KYC requirements, the Trustee / AMC reserves the right to freeze the folio of the investor(s) and
affect mandatory redemption of unit holdings of the investors at the applicable NAV, subject to payment of exit load, if any and recovery of unamortized NFO expenses.
To comply with the KYC norms, documents and information to be provided by the investors are (i) Proof of Identity (ii) Proof of Address (iii) Pan Card (iv) Photograph. For further details contact any of our area offices / business
centers.
* Valid only where investors who have already obtained the erstwhile Mutual Fund Identification Number (MIN) by submitting the PAN copy as the proof of identity.
11. Nomination facility : Nomination facility is provided under the scheme. Minor also can be nominated. Nomination facility can also be availed after issue of Statement of Account by writing to the Registrars to the Scheme/
Authorised Service Centre. Persons applying on behalf of Minors/Eligible Institution/Body Corporate/Power of Attorney holders/Karta of HUFcannot nominate. In case the nominee is minor, please furnish the name of the Guardian
(other than the applicant/s').
12. It shall be Mandatory for first applicant to mention his/her Bank details including the name of the bank, address along with his/her A/c. number in the application. In the absence of these details the application is liable
to be rejected. Investor should submit Bank A/c details / Address at the time of request for repurchase or redemption. LIC Mutual Fund will not be responsible for any fraudulent encashment of cheques through interception.
13. Payment :
a) Payment should be made for a minimum of Rs. 5,000/-.
b) Payment must be made to any Authorised Collection Centre. It may be in cheque or Bank Draft drawn on any Bank which is a member or sub-member of the Banker's Clearing House located at the place where the application
form is submitted. Application form accompanied by outstation cheque/drafts or Money/Postal Orders orStockinvests will not be accepted. A separate Cheque or Demand Draft must accompany each application form and
the application form no. should be written on the backof the instrument. Non-MICR Instruments drawn on metropolitan Centres are not acceptable. Charges for making DD may be deducted from the application money.
c) Physical payment :- To be filled in case the investment is by Cheque / DD. Switch In :- To be filled in case the investor is switching his/her investment from the existing account of any LIC Mutual Fund scheme. The switch
in is subject to the minimum amount of application and the entry / exit terms of the respective schemes.
d) Payment by NRIs/Overseas Corporate Bodies : Funds will have to be remitted from abroad through normal banking channels or paid out of funds held in the investorsNRE / NRO / FCNR A/c. maintained with banks authorised
to deal in foreign exchange in India.
14. All local Cheques/Bank Drafts must be drawn in favour of "LICMF Infrastructure Fund" and crossed "ACCOUNT PAYEE ONLY" and should be payable at the Authorised Centre where the Application Form is submitted.
15. Date of acceptance will be the date of the business day on which the application is received with cheque / DD at the Authorised Collecting Centre (Subject to realisation of cheque/draft).
16. Acknowledgement of application : Receipt of application will be acknowledged by the collecting centre in the "Acknowledgement Slip".
17. Right to accept or reject application : Application which is not complete in all respects is liable to be rejected and LIC Mutual Fund would not be responsible for consequencesthereof. LIC Mutual Fund reserves, at its sole
and absolute discretion, the right to accept or reject any application in whole or in part without assigning any reasons.
18. Refund of application money : Where an application is rejected in full or in part, application money received will accordingly be refunded to the applicant by cheque payable at theAuthorised Centre where the application
was submitted. No interest will be paid on the amount so refunded. Letter of Regret together with the refund cheque, if any, will be despatched by post at the applicant's sole risk.
19. a) If the application is not submitted through any LICMF Agent/Broker/Sub-broker, the applicant is requested to write the word "DIRECT" against the Code No. of Agent/Broker.
b) If the application is through a Sub-broker, in addition to the sub-broker's code number, the code number and name of the LICMF Broker to whom the Sub-broker is attached, are also required to be written. If the application
is through a LICMF Broker, the code number and name need only be given.
20. Full Postal address of the Agent/Broker should be written in capital letters in the space provided at the top of the application.
21. NRI investors should give their local address as well as overseas address and bank details.
22. (i) DIRECT CREDIT OF DIVIDEND / REDEMPTION : LIC Mutual Fund has an arrangement with IDBI Bank, HDFC Bank, ICICI Bank, AXIS Bank, Citi Bank, HSBC Bank, Standard Chartered Bank and AMN AMRO Bank to enable direct
credit of dividend / redemption proceeds into the bank account of the respective investors who have an account with any of these banks (subject to changes from time to time). This facility as a mode of payment is faster
and safe and also avoids loss of instruments sent through courier / post. In case the bank account as communicated by theinvestors is with any of the above banks, the LIC Mutual Fund shall automatically extend this facility
to the unitholders. If the remittance is delayed or not effected for reasons of incorrect /incomplete information, LIC Mutual Fund cannot be held responsible.
(ii) Electronic Clearing Service (ECS) Payment: When direct credit can not be executed the fund will explore the possibility of crediting by ECS. ECS is possible subject to RBI Guidelines and requirements.The 9 digit MICR will
be used for that purpose and the investor is required to incorporate the same carefully.
(iii) RTGS: This facility will be executed subject to charges levied by the respectivebanks to investors.HOWEVER, PLEASE NOTE THAT LIC Mutual Fund / LICMF Asset Management Company Ltd. reserves the right to issue a
Demand Draft / Payable at par Cheque instead of Direct Credit / ECS / RTGS.