DECLARATIONS FOR PURCHASE OF MUTUAL FUND UNITS

1. With effect from October 1, 2013, ICICI Bank has Opted Out for transaction charges for all Schemes. Hence no transaction charges will be levied on purchases of any Mutual Fund products. Consequently, the respective Asset Management Companies (AMCs) will issue Mutual Fund units equivalent to the full subscription amount to the investors. The above changes will be effective for both online and offline transactions initiated on or after October 1, 2013.
2. "I/ We hereby confirm that this is an "execution-only" transaction for which I/ we have not received any advice from the Bank/employee/relationship manager/sales person"
3. I/ We have understood the details of the Scheme and have not received nor been induced by any rebate or gifts, directly or indirectly, in making this investment.
4. I/ We confirm that the details provided by me are true and correct.
5. I/ We confirm that ICICI Bank has through its website/ branches/ other modes disclosed to me/ us all commissions (in the form of trail commission or any other mode), payable to it for the different competing Schemes of various Mutual funds from amongst which the Scheme is being invested in by me/ us.
6. I/ We hereby agree and confirm that I/ we shall be CVL KYC compliant, before carrying out any purchase transactions in mutual fund schemes. I/ We hereby acknowledge that failure to do so shall result in an unsuccessful transaction for which I/ we shall not hold directly or indirectly liable either ICICI Bank / the asset management company (AMC)/ Registrar.
7. I/ We hereby declare that the amount being invested in the Scheme(s) of mutual fund AMC 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.
8. * I/ We here by confirm that the funds used for the purchase of any of the products / services availed through Invest@ease services, if have been received from abroad, have been remitted through approved banking channels or from the NRE / NRO / FCNR account.
9. I/ We agree that in case I place a request after the cut off time prescribed by the bank or on a non business day, the NAV for the next business day shall be applicable. (As per SEBI guidelines the cut off time for accepting orders in non liquid funds is 15:00 hrs and in liquid funds it is 13:30 hrs. However taking into consideration the internal processing time ICICI Bank has kept the cut off time, for accepting orders for non liquid funds as 14:00 hrs and in liquid funds as 12:30 hrs The request placed post the cut off date shall be scheduled for the next business day.
10. I/ We agree that transaction request shall be sent for processing by the bank and is subject to rejection by the registrar or AMC
11. I/ We agree to interact with the bank only through the Transaction request Number and the savings account number.
12. I/ We agree that ICICI Bank reserves the right to reject the request in case of non-availability of sufficient funds in the savings account
13. I/ We agree Mutual Funds Investments are subject to market risk. (Please read the Scheme Information Document and Statement of Additional Information carefully before investing.) ICICI Bank Limited (“ICICI Bank”) shall not be liable or responsible for any loss or shortfall resulting from the operations of the Mutual Funds. ICICI Bank is acting in capacity of a Distributor for Mutual Funds which has been opted for by me/ us . The contract of Mutual Fund is between the asset management company and the investor, and not between ICICI Bank and the investor. Participation by me / us is on a purely voluntary basis and there is no direct or indirect linkage between the provision of the banking services offered by ICICI Bank and participation in the scheme.
14. In the event I/ We give direct instruction to the AMC or their agents, ICICI Bank may not be held/responsible in this regard for any reason whatsoever.
15. I/ We understand that transactions once executed will not be modified or canceled.

* only applicable in the event the Customer(s) is/are Non-Residents of Indian Nationality/ Origin.