Essel Mutual Fund NOTICE CUM ADDENDUM

ESSEL MUTUAL FUND

 

NOTICE CUM ADDENDUM (No. 1 of 2018-2019)

 

Notice is hereby given that:

 

1) CHANGE IN THE FUND MANAGER OF SCHEMES:

Mr. Amit Nigam, Head – Equity of Essel Mutual Fund (“the fund”) ceases to be the fund Manager of Essel Large Cap Equity Fund, Essel Large & Midcap Fund, Essel Long Term Advantage Fund, Essel 3 in 1 Fund (equity portion) and Essel Regular Savings Fund (equity portion) (“the schemes”) and as the key Personnel of essel Finance AMC Limited (formerly Peerless funds Management Co. Limited) with effect from close of business hours of April 02, 2018. Further, please note that Mr. Viral Berawala, Chief Investment Officer (CIO) has been appointed as the Fund Manager (equity portion) of the said Schemes, wherever applicable. According, all the reference pertaining to Mr. Amit Nigam shall stand deleted from the Statement of Additional Information (SAI) of the fund and shall be replaced by Mr. Viral Berawala in the respective Schemes Information Documents and key Information Memorandum of the said Schemes. For details on experience of Mr. Viral Berewala, please refer to the SAI of the Fund.

 

2) LINKING OF AADHAAR NUMBER WITH MUTUAL FUND FOLIOS/ACCOUNTS:

We refer to the Notice cum Addendum dated March 23, 2018, Wherein it is stated that submission of Aadhaar was made mandatory for new customer for opening of a new account w.e.f. April 1,2018. As per the directive received from AMFI, Investors are now requested to note that mandatory submission of Aadhaar at the time of opening a folio/account by a new customer (i.e., an investors who is investing for the first time in Essel Mutual Fund and does not have any folio in Essel Mutual Fund), has been deferred till further notice. Existing unitholders and new customers are however encouraged to link their Aadhaar to their mutual fund folio(s).

 

3) CHANGES TO THE OFFICIAL POINT OF ACCEPTANCE – KARVY COMPUTERSHARE PRIVATE LIMITED:

Investors / unit holders are advised to take note of the following changes made to the list of Official Point of Acceptance of essel Mutual Fund – Karvy Computershare Private Limited (Registrar,s) office for all the transaction with effect from April 10, 2018:

 

Location Old Address New Address
Eluru Karvy Computershare Private Ltd., D.No: 23B-5-93/1, Savithri Complex, Edaravari Street, Near Dr. Prabhavathi Hospital, R.R.pet, Eluru – 534002, West Godavari dist, Andhra Pradesh  Karvy Computershare Private Ltd., D. No-23A-7-72/73, K K S Plaza, Munukutla vari street, Opp. Andhra hospital, R R Peta, Eluru – 534002, West Godavari dist., Andhra Pradesh

 

It may be noted that necessary/incidental changes, if any, shall be made in the SID and KIM of the aforementioned Schemes (s) of Essel Mutual Fund in the above regard. The SID and KIM of the Aforementioned Schemes (s) will stand modified to the extent mentioned above.

 

THIS ADDENDUM SETS OUT THE CHANGES TO BE MADE TO THE SCHEME INFORMATION DOCUMENT, KEY INFORMATION MEMORANDUM OF THE SCHEMES AND STATEMENT OF ADDITIONAL INFORMATION (SAI) OF ESSEL MUTUAL FUND. ALL OTHER TERMS AND CONDITIONS OF THE SID,KIM AND SAI WILL REMAIN UNCHANGED.

 

 

For Essel Finance AMC Limited

{Formerly Peerless Fund Management Co.Limited}

{Investment Manager to Essel Mutual Fund}

{Formerly Peerless Mutual Fund}

Sd/-

Authorized Signatory

 

Place: Mumbai

Date: April 02,2018

 

 

 

essel-mutual-fund-2

 

Source- FINANCIAL EXPRESS, GOOGLE.