This document is an electronic record in terms of Information Technology Act, 2000 and rules made there under as applicable and the amended provisions pertaining to electronic records in various statutes as amended by the Information Technology Act, 2000. This electronic record is generated by a computer system and does not require any physical or digital signatures.

This document is published in accordance with the provisions of Rule 3 (1) of the Information Technology (Intermediaries guidelines) Rules, 2011 that require publishing the rules and regulations, privacy policy and Terms of Use for access or usage of our website and Explorefunds APP mobile application.

The domain name 'Explorefunds APP.com' and Explorefunds APP mobile application (hereinafter referred to as "Website" or "Application") is owned and operated by M/s. Explorefunds Investment centre Pvt. Limited ("Explorefunds APP"), a company with CIN Number: _________________, incorporated under the Companies Act, 2013 with its registered office at  402-A, Arunachal Building, Barakhamba Road, New Delhi

Explorefunds investments Pvt. Limited ("Explorefunds APP") is in the business of distribution of financial products through its online technology platform. Explorefunds APP requests you to carefully go through these terms & conditions ("Terms and Conditions") to avail the access to the distribution network of Explorefunds APP through its Application. If you continue to browse and use this Application, you irrevocably and unconditionally are agreeing to comply with, abide by and be bound by all the obligations as stipulated in the following terms and conditions of use, which together with our privacy policy and any other applicable policies which are incorporated herein by way of reference or available by hyperlink on the Application, shall govern Explorefunds APP's relationship with you in relation to this Application. Accessing the distribution network of Explorefunds APP on its online technology platform through any medium, including but not limited to the Website or Application , is also subject to these Terms and Conditions. These Terms and Conditions supersede all previous oral and written terms and conditions (if any) communicated to you and shall act as an Agreement between Explorefunds APP and Users.

THE USE OF THIS WEBSITE/APPLICATION IS SUBJECT TO THE FOLLOWING TERMS AND CONDITIONS:

Definitions

"Account"shall mean the account opened with Explorefunds APP by the Registered Users, for use of the Application or making investment through the Application.

"AMC"shall mean and include Asset Management Company listed on BSE.

"Application" or "Website"means and includes Explorefunds APP.com, Explorefunds APP mobile Application accessed through or downloaded from the App store i.e. Android or IOS, which might be used or accessed at any other platform where the Application can be accessed from mobile phones and such other devices, like, mobile application (whether or not on android or IOS) or any other platform as provided by Explorefunds APP.

"BSE"shall mean Bombay Stock Exchange.

"CVL" shall mean CDSL Ventures Limited (CVL) which is a wholly owned subsidiary of Central Depository Services (India) Limited (CDSL), a leading securities depository in India.

"Explorefunds APP"or"us"or"we"or"our"shall mean and refer to Explorefunds investments Private Limited and its affiliates, officers, employees, agents, partners and licensors.

"Force Majeure Event" means any event due to any cause beyond the reasonable control of Explorefunds APP, including without limitations, unavailability of any communication systems, breach, or virus in the processes or payment or delivery mechanism, sabotage, fire, flood, explosion, acts of god, civil commotion, strikes or industrial action of any kind, riots, insurrection, war, acts of government, computer hacking, unauthorised access to computer data and storage devices, computer crashes, malfunctioning in the computer terminal or the systems getting affected by any malicious, destructive or corrupting code or program, mechanical or technical errors/failures or power shut down, faults or failures in telecommunication etc.

"FATCA" shall mean Foreign Account Tax Compliance Act. A regulation created by the United States (US) Government to curb tax evasion by US citizens. Under this regulation, assets held by US citizens in other countries are required to be reported to the US government.

"KRA" shall mean the KYC Registration Agency.

"CKYC" shall mean Central KYC Registry

"NAV" shall mean Net Asset Value.

"Registered User" or "Registered Customer" shall mean and include the users or customers who have Investment Account with Explorefunds APP to avail the Services or any part thereof, as provided on the Application

"RTA" shall mean Registrar and Transfer Agent.

"Services" means all the services as provided by Explorefunds APP to the Users, for Purchase, SIP, switching and redemptions of units of mutual funds listed on the Application in accordance with these Terms and Conditions.

"SIP" shall mean Systematic Investment Plans

"STP" shall mean Systematic Transfer Plans

"User/user", "You/you", "Your/your" means any person or user or Registered user or viewer or Registered Customer who views, browses, accesses or uses our Application;

"Use/use" or "Using/using" means to browse, access, view, copy, availing Services or other benefit from using the Application;

APPLICATION USE

User acknowledges that in accessing and using the Services offered by Explorefunds APP, User may utilize the content and Services offered on the Explorefunds APP Applications. User agrees to follow the Terms & Conditions for the use of Application as specified and provided on the Application from time to time. Notwithstanding such acceptance of the Application Terms & Conditions, you acknowledge and agree that:it shall be your responsibility to remember and keep the Login Credentials safe and secret to prevent unauthorized access to your Explorefunds APP Account; and if you think that the security of your Explorefunds APP Account has been compromised, change your password and contact us immediately for further assistance, on the following e-mail:customercare@DISHA APP.com

• Explorefunds APP is an AMFI registered distributor and advisor of mutual funds and enables Users to purchase units of various mutual funds, details of which shall be made available on the Application, from time to time.
• User Investment Account will be activated after Explorefunds APP completes the verification process on the personal information provided at the time of enrollment and in accordance with the Know Your Client ("KYC") guidelines issued by the Securities and Exchange Board of India ("SEBI").
• User shall 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 Application, except that which User may download for personal, non-commercial use.
• User will not use the Application for any purpose that is unlawful, or prohibited by these Terms & Conditions. User also agree not to use the Application in any manner that could damage, disable or impair the Application or interfere with any other person's use or enjoyment of Explorefunds APP's Application.
• The software and hardware underlying the Application as well as other internet related software which are required for accessing the Application are the legal property of the respective vendors. The permission given by Explorefunds APP to access the Application will not convey any proprietary or ownership rights in the above software/ hardware. User agrees not to modify, translate, disassemble, decompile or reverse engineer the software/hardware underlying the Application or create any derivative product based on the software / hardware.
• The data and information provided on the Application does not constitute advice and shall not be relied upon by the User while making investment decisions.
• Explorefunds APP is not responsible for the availability of content or other services on third party sites linked from the Explorefunds APP Application. User agrees and is aware that access of hyperlinks to other internet sites are at users own risk and the content, accuracy, opinions expressed, and other links provided by these sites are not verified, monitored or endorsed by Explorefunds APP in any way. Explorefunds APP 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.
• Explorefunds APP has the absolute discretion to amend or supplement any of the Application Terms and Conditions at any time without prior notice for such changes. Any such amendment shall be effective immediately. It shall be Users responsibility to review these Terms and Conditions periodically for any updates/changes. User agrees that the information and assistance provided on the Explorefunds APP Application are true to the knowledge of Explorefunds APP and should not be construed as investment advice, and that Explorefunds APP shall have no liability for any discrepancy in any such information or assistance.
• An account may be created offline, without accessing the Explorefunds APP Application. In the event user creates an investment account offline, User understands and acknowledges that these Terms and Conditions for use of the DISHA APP Application will continue to be applicable for the use of the Services.
• Mere use of the Application, shall be construed as your intent to contract with us and shall constitute Your binding obligations, with us.
• User understand that it is Users responsibility to check the DISHA APP's Application Terms carefully before accessing or using or transacting on the Application.
• As long as User complies with these Terms and Conditions, User is granted a personal, non-exclusive, non-transferable, limited privilege to enter and use the Application. User acknowledges and understands that use of the Application shall be at its own risk and User has the discretion of not using the Application.
• DISHA APP shall not be liable if any transaction does not fructify or may not be completed or for any failure on part of the DISHA APP to perform any of its obligations under these terms and conditions or those applicable specifically to its services/facilities if performance is prevented, hindered or delayed by a Force Majeure event and in such case its obligations shall be suspended for so long as the Force Majeure event continues.
• All information, content, materials, products (including, but not limited to text, content, photographs, graphics, video and audio content) on the DISHA APP Application is protected by copyright in the favour of DISHA APP under applicable copyright laws and is also protected otherwise under general intellectual property law.
• All information submitted by user to DISHA APP (except for the information which shall be by virtue of its nature, be deemed to be proprietary information of the User) whether through the DISHA APP Application or otherwise shall be deemed to be the property of DISHA APP, and DISHA APP shall be free to use any ideas, concepts, know-how or techniques provided by such Users on the DISHA APP Application, in any manner whatsoever.
• Not all the products and services offered on the Application are available in all geographic areas and User may not be eligible for all the products or services offered by DISHA APP on the Application. DISHA APP reserves the right to determine the availability and eligibility for any product or service.

AVAILING OF SERVICES

Service(s) shall be availed in accordance with the Terms and Conditions mentioned herein. User agree that DISHA APP 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.

User hereby irrevocably and unconditionally grants no objection to DISHA APP and the respective mutual funds / RTAs to collate the transaction details relating to the investments in mutual fund units done by user on the Application and provide such transaction data to DISHA APP for further processing of user transactions.

REGISTRATION OF THE USER

Access to DISHA APP's Services will be granted by DISHA APP only to Registered Customers of DISHA APP, post the enrollment for the Services. User agrees and acknowledges that the Services provided herein are presently available in respect of select Mutual Funds only with whom DISHA APP has entered into a separate arrangement. User shall provide the required details and the documents for the purpose of the registration and enrollment.

For the purpose of registering on the Application, User needs to provide:

• A valid email address and a valid mobile number and create a password.

For the purpose of enrollment and using the Services of DISHA APP, the User is required to be KYC compliant. DISHA APP shall provide assistance to User, for the purpose of registration, in the following manner:

• KYC Check via CVL: For the purpose of taking assistance of DISHA APP for speedy registration, User shall provide the PAN Card details to DISHA APP, in order to process and complete the registration.
• User agrees and acknowledges that it allows DISHA APP to initiate the KYC process through the KRA\CKYC, in order to check the KYC status of the User.
• In case the User is already KYC compliant, the User allows and gives right to DISHA APP for using and accessing the data available with the CVL/KRA/CKYC systems, including but not limited to:
  • A copy of the PAN card
  • Address Proof
  • Photograph
  • Signature
  • After the KYC Check, DISHA APP allows the User who is KYC Compliant to avail the Services of DISHA APP. However, the KYC compliant User is required to submit the Bank Account Details and a cancelled cheque leaf to DISHA APP once, by 12 noon of the day after the first transaction on the Application, for completing and enabling DISHA APP to forward the transaction to BSE.

Non-KYC compliant Users: In the event, the User is not KYC compliant as per the data received via the CVL system, User has to provide the following details to DISHA APP for the purpose of registration:

• Pan Card details and a copy of the PAN card
• Bank Account Details and a cancelled cheque leaf
• Address proof
• Photograph
• Signature

For the purpose of verification/registration, the above provided information/details shall be uploaded by the User in the Application in the following manner:

• in soft copy form on the Application at the time of enrolment; and
• Video feature: By using the video feature provided in the Application for upload the recorded video of one's self, PAN Card and, Address Proof,. The length of the Video shall be limited to maximum run-time of 30 seconds. DISHA APP does not provide any guarantee on the quality of the video, as it is dependent on the quality of the camera embedded in the mobile phone used by the User and not the Application.

Once the information is received by DISHA APP, the executive of DISHA APP shall verify the details provided. Upon successful verification, the documents shall be provided to the concerned regulatory authority/mutual fund company for the purpose of completing the KYC of the User

During the registration process, the customer will be prompted to sign on the mobile screen. Application will capture the signature of the User and will utilize only for the purpose of completing the registration formalities - namely, KYC form, DISHA APP Account Opening form and BSE Account Opening Form. The signature does not allow DISHA APP to undertake any transactions other than as specified here or for the purpose of providing the Services.

User agrees and acknowledges that DISHA APP shall be required to collect the following information for the purpose of complying with the FACTA requirements:

From Users who are Resident Indians:

• Country of birth
• Source of income (i.e. salary/business, etc.)
• Whether politically exposed or related to politically exposed

From Users who are Non-Resident Indians (NRIs)/Person of Indian Origin (PIOs):

• Names of countries where they pay tax
• The tax identification numbers for those countries (PAN equivalent in respective countries)
• Whether politically exposed or related to politically exposed

Kindly Note: In the event, if any discrepancy is found, in any of the information provided by the User, for example, information in any of the documents provided does not match with the adjoining documents, such mismatch shall lead to the rejection of the documents. The privacy of the documents provided or any such personally identifiable information provided to DISHA APP, shall be maintained in accordance to the privacy policy of the Application/Website.

User agrees that after opening of the account if any of the documents submitted need to be replaced or additional document needs to be submitted as per regulatory direction the same would be complied by the user. Non-compliance of the same can lead to temporary or permanent closure of the facilities provided by DISHA APP.

User agrees and acknowledges that the video submitted for the purpose of registration/verification is voluntarily submitted by User and DISHA APP shall not be responsible for the quality and veracity of the video.

User agree that any and / or all information that may be provided by you to DISHA APP from time to time, including but not limited to contact information, address and tax related information or any other information required under existing or future KYC or other norms and laws, may be shared by DISHA APP with the regulatory authorities/mutual funds/BSE/AMCs or their respective authorized service providers, auditors, legal 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"). User shall read all the scheme related documents before making any transaction on the Application.

Investments from persons from the country other than India may not be permitted in certain mutual funds. DISHA APP/ BSE/their respective trustee companies shall not be liable for rejection of an application by mutual funds, where the investor is a person from a country other than India or such other prohibited investor as may be specified in the respective scheme related documents from time to time.

Purchase requests made through Application shall be processed by the respective mutual funds only after funds sufficient to cover the purchase price and other costs and charges have been received by the respective mutual funds. Payments towards the purchase price and other costs and charges shall be made by the Registered Customers through NEFT or the payment gateway or other electronic means made available by on the Application. 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 Application, the respective mutual fund 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 DISHA APP shall be not responsible for the non-execution of transactions for the entire quantity or the remaining quantity of units.

Transaction rights for SIPs and STPs will be pursuant to the Registered Customer executing the instructions, in the manner and form as prescribed on the Application and / or mutual funds from time to time. The instructions will be applicable to all SIP, STP transactions whether presently existing or to be opened in future. User agrees that, upon granting such instructions for SIP, STP transactions, user will be bound by the terms of the relevant SIP and STP scheme of the mutual fund to which user subscribes.

User agrees and acknowledges that any transaction done or purported to be done by user on a business day would be processed on the next business day. The user will be allotted Mutual Fund units by the respective AMC based on the NAV applicable of that business day. This will be applicable to switch and redemption transactions also.

While DISHA APP shall make every effort to ensure adherence to the above timelines, DISHA APP shall in no way be responsible or held liable for any delay thereof, including for loss of interest and / or opportunity loss and / or any loss arising due to movement in NAV or any other losses, liabilities, damages, costs, charges, expenses which the investor(s) may sustain, incur or suffer or be put to or become liable or incur directly or indirectly by reason or as a consequence of any delay thereof.

User acknowledge that the units of the scheme shall be allotted, redeemed or switched, as the case may be, by the respective mutual funds at the applicable NAV of the concerned mutual fund scheme as provided by mutual funds and consistent with the terms of the Scheme. However, DISHA APP shall not be liable for any loss that may arise to user as a result of incorrect NAV applied on units allotted to User by the mutual fund.

User acknowledges 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.

User acknowledges that transactions once placed cannot be cancelled. However, user can withdraw money by redeeming the mutual fund units Upon such withdrawal, the settlement amount towards the mutual fund or the units of Mutual fund shall be credited to the registered account of the user within 1-8 bank working days by the concerned mutual fund.

User acknowledges that any directions pertaining to all transactions including withdrawal, STP and switch transactions provided by the User from its Registered User account shall be deemed to be considered as the bona-fide order placed by the User.

User has read and understood the contents of the scheme related document and the details of the scheme and they have not received or been induced by any rebate or gifts, directly or indirectly, in making investment. User hereby declare that the amount invested/to be invested by their investment 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 AMFI Registration Number ("ARN") holder has disclosed to user all the commissions (in the form of trail commission or any other mode), payable to ARN holder for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to users.

USER PROVIDED/UPLOADED CONTENT

To access the Services on the Application Users shall be required and/or voluntarily upload, submit, store, send or receive content. User shall retain ownership of any intellectual property rights that Users hold in the content. However, when User upload, submit, store, publish, send or receive content to or through the Services, such content must not:

• be harmful, harassing, blasphemous, defamatory, obscene, pornographic, paedophilic, libellous, invasive of another's privacy, hateful or racially or ethnically objectionable, disparaging, and relating to or encouraging money laundering or gambling.
• harm minors in any way.
• infringe any patent, trademark, copyright or other intellectual property rights.
• deceive or mislead the reader about the origin of such messages or communicate any information that is grossly offensive or menacing in nature;
• contain software viruses or any other programs designed to interrupt, destroy or limit the functionality of another computer or mobile device.
• threaten the unity, integrity, defence, security or sovereignty of India, friendly relations with foreign states, or public order.
• cause the incitement to commit any offence or prevent the investigation of any offence.
• be insulting to any other nation.
• impersonate another person.

PLEASE NOTE: All or related actions (as specified above) are considered as offence under the Information Technology Act and User shall alone face the legal consequences for its acts.

LINK TO THIRD PARTY

DISHA APP may provide Users links to third party services ("Third Party Services"). User agree to use the Services at its sole risk and that DISHA APP shall not have any liability to Users for the content that may be found to be offensive, indecent, or objectionable. User understand that certain Services may display, include or make available content, data, information, applications or materials from third parties ("Third Party Materials") or provide links to certain third party websites. By using the Third Party Services, you acknowledge and agree that DISHA APP is not responsible for examining or evaluating the content, accuracy, completeness, timeliness, validity, copyright compliance, legality, decency, quality or any other aspect of such Third Party Materials or websites. DISHA APP DOES NOT WARRANT OR ENDORSE AND DOES NOT ASSUME AND WILL NOT HAVE ANY LIABILITY OR RESPONSIBILITY TO USERS OR ANY OTHER PERSON FOR ANY THIRD PARTY SERVICES, THIRD PARTY MATERIALS OR WEB SITES, OR FOR ANY OTHER MATERIALS, PRODUCTS, OR SERVICES OF THIRD PARTIES.

NO OBEJECTION FROM THE USER(S)

User acknowledge and grants no objection to DISHA APP to do all or any of the following acts, deeds matters and things:

• To forward user transaction data and requests to the respective mutual funds/BSE with respect to the instructions and orders of sale, purchase, transfer, splitting and consolidation of mutual funds units.
• To transmit to the mutual fund and/or the BSE, information relating to user nomination/changes in investment plan/ any other changes made through the online platform.
• To obtain and forward to the BSE/AMC, its Authorized Registrar user's information as available in the KYC records, including user signature(s). User agrees that such records may be used by the BSE/AMC/Authorised Registrar for authorizing the transactions that may be submitted by user in physical/offline mode.
• To contact user regarding matters pertaining to the operation of User's Account including, but not limited to, servicing of User's requests. This consent will override any registration for Do Not Call ("DNC") / National Do Not Call ("NDNC").

HOLDING PATTERN AND CUSTOMER DETAILS

User acknowledges and agrees that the DISHA APP holding pattern of the Registered Customer, is deemed to be the Account holding pattern of the account holder/investor(s).

User also agrees there will be no changes allowed in the holding pattern of the investors associated with the Account once the Account is activated.

User agrees that once an investment is made using the holding pattern, User 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 BSE / authorized registrar of the AMC will be extracted from DISHA APP account details maintained for the First holder. The mode of holding in all customer joint accounts is treated as "Anyone or Survivor".

ACCOUNT STATEMENT

User agrees and acknowledges that it shall be the obligation of the AMC and not of DISHA APP to regularly send to the Registered Customer such communications as required under the SEBI Regulations. However, the User can view the portfolio on the Application.

FEES AND CHARGES

While currently, the Services offered by DISHA APP are free of transaction charges, User acknowledge that DISHA APP reserves the right to charge fees in the future for the Services or any other services offered by DISHA APP. Any such changes will be communicated by DISHA APP via email 30 days ahead of implementation, and will be displayed on the Application. Under such circumstances, User has the option to transfer its assets out of its Account without incurring any costs payable to DISHA APP.

User agrees and understands that any such charges/fees that DISHA APP may choose to levy will be in addition to those levied by the mutual funds, if any. All fees, charges and reimbursement of expenditure shall be paid or made in full by user without any counter claim, set off or withholding. All liabilities and obligations of the Registered Customer(s) hereunder to DISHA APP/mutual fund/AMCs/trustees of the AMC shall be joint and/or several, as the case may be.

LIABILITY OF DISHA APP

DISHA APP shall not in absence of gross negligence on the part of DISHA APP, be liable to User for any act, omission or delay by the mutual fund or for any claims which User may suffer or incur as a result of or in course or discharge by DISHA APP or its employees, officers, directors, nominee or agents.

Without prejudice to the above, DISHA APP 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 DISHA APP's 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. User further agrees that DISHA APP 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 user information, and/or signatures. DISHA APP will be under no duty to verify compliance with any restrictions on User's investment powers.

DISHA APP 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 DISHA APP will make every effort to have its computer systems available at all times, DISHA APP makes no guarantees with respect to the availability of such systems. DISHA APP will make every effort to resolve availability issues such as network problems, virus attacks etc. in an expeditious manner. Notwithstanding these, DISHA APP 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.

DISHA APP 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 user shall hold DISHA APP harmless and free from any claim in respect thereof. DISHA APP shall also not be liable for any delay, failure or refusal of the mutual fund in registering or transferring units to user names or for any interest, dividend or other loss caused to user arising therefrom.

In instances of third party claims, DISHA APP shall not be liable for any failure/delay, wherein such claims/losses are arising due to a reason entirely attributable to an error or gross negligence of the mutual funds/BSE/AMC.

ONLINE PAYMENT - PAYMENT GATEWAY TERMS

The funds transfer for purchase of units of mutual funds will be done by using an Electronic Payment Gateway facility, ONLY internet banking facility shall be offered for transaction on the Application, through a third party net banking service provider registered with the Reserve Bank of India. User cannot use or permit the use of the payment gateway or any related services for any illegal or improper purposes.

Users shall utilize the Electronic Payment Gateway at their own risk. These risks would include but not be limited to the following risks and DISHA APP disclaims all liability and responsibility for any claims, losses, damages, costs of whatsosever nature arising due to such risks:

• Misuse of Password:If any third party obtains access to user password of the Investments Services Account, such third party would be able to transact on the Application. User 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.
• Internet Frauds: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 the Application. Whilst DISHA APP shall aim to provide security to prevent the same, there cannot be any guarantee against such Internet frauds, hacking and other actions. User shall separately evolve/evaluate all risks arising out of the same.
• Mistakes and Errors:The filling in of applicable data for transfer would require proper, accurate and complete details. In the event of user 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 the consent of the User. User shall be liable and responsible to accept any such instructions received from the AMC, without questions for any unfair or unjust gain obtained by DISHA APP as a result of the same.
• Technology Risks:The technology for enabling the transfer of funds and the other services offered by the Electronic Payment and DISHA APP could be affected by virus or other malicious, destructive or corrupting code, program or macro. Website/Application or the bank may require maintenance and during such time it may not be possible to process the user 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. User understand that DISHA APP disclaims all and any liability, whether direct or indirect, whether arising out of loss of profit or otherwise arising out of any failure or inability by bank/mutual funds/AMCs to process any transaction/payment instructions for whatsoever reason. DISHA APP shall not be responsible for any of the aforesaid risks.
• Limits:DISHA APP may from time to time impose maximum and minimum limits on funds that may be transferred by virtue of the payment transfer service given. User realizes and accepts and agrees that the same is to reduce the risks of the user. User shall be bound by such limits imposed and shall strictly comply with them.
• Indemnity:User shall indemnify DISHA APP 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.
• Authentication of the Transaction:User are authorized to make transaction only with and from the bank account(s) registered on the Application. Banks has all the right to cancel, reject and/or unauthorize the transaction made by the user, from any other account, details of which is not registered or provided to DISHA APP. Such payment which is rejected by the banks shall be notified or intimated to the user, in the morning of the next business day.
• Transaction Verification:The transaction made by the user, whether approved or rejected, using the Application shall be subject to the following level of verifications:
• DISHA APP:Transaction will be rejected in case the bank account though which the payment is made, is not registered with DISHA APP;
• BSE:Transaction made from the bank account which is different from the account details provided by DISHA APP to BSE.
• AMC:Final, rejection could be made by the AMC, upon receiving the transaction details.
• Withdrawal of Facility:DISHA APP shall be entitled to withdraw this service at any time without assigning any reason whatsoever.
• Binding nature of above terms and conditions:By use of this facility, user shall be deemed to have agreed to all the above terms and conditions and such terms and conditions shall bound the User in the same manner as if the user has agreed to the same in writing.

FUNCTION OF DISHA APP

Any information contained in DISHA APP brochures or other materials or otherwise communicated by DISHA APP shall not be construed as investment advice and that all decisions to purchase or sell units made by user shall be on the basis of personal judgment arrived at after due consideration. DISHA APP does not in any manner:

• Guarantee payments on any units; or
• Guarantee liquidity of any units; or
• Make any offer to buy back any units; or
• Guarantee the redemption or repayment of any units on maturity; or
• Guarantee the payments of interest or dividend; or
• Promise, indicate or guarantee any returns; or
• Guarantee any good delivery.
• subscribe to units of mutual funds on behalf or in name of user or collects payments from user for the units so purchased by user for remitting it further to the AMCs; or
• receive any account statement from mutual funds/AMCs, on behalf of or in the users name pertaining to the units; or
• redeem /sell the units held by user or on its behalf or in its name; or unilaterally instruct the mutual fund and/or the corresponding AMCs with regards to nomination/changes in investments plan/any other changes; or
• sign any document on behalf of or in the name of user for purchase, sale or redemption of units; or
• 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
• Correspond with or give notice to the mutual fund/AMCs on behalf of or in the name of User, except for transmission of transactions done or purported to be done by User on the Application.

DISHA APP does not make any promises to the user basis the graphical representation provided on the Application. The data collected from the user to calculate the prospective investments amount and is in relation to the past investment history of the user and shall not be construed as an authoritative advice to the user. DISHA APP does not offer any advice and nothing herein or on the Application shall be construed as investment advice by the User.

Any sum invested through the Account is not a deposit with DISHA APP and is not bank insured. The same is not endorsed or guaranteed and does not constitute obligations of DISHA APP 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 the units purchased or not purchased will fluctuate. If user redeems the units/shares purchased, user may receive more or less than user has/had 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.

NOTICES/CORRESPONDENCE

Any notice or other correspondence addressed by DISHA APP to user may be addressed to the address provided by the users at the time of enrollment. If according to user there is any discrepancy in the particular or details of transaction or account of statement then, it shall be the responsibility of the user to intimate the same to DISHA APP and to the concerned mutual fund/AMC/authorised registrar of the AMC in writing within 7 (seven) working days of receiving notice thereof, falling which such transaction, statement or account (as the case may be) shall be deemed to be correct and accepted by user and users shall not be entitled to question the correctness or accuracy thereof.

USER INFORMATION

User shall provide any and all information that may be required by DISHA APP/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 tax-related information and any information required under existing or future KYC norms and laws. User agrees that DISHA APP/AMC/authorized service providers of the AMC may take steps to verify the veracity of such information provided and shall co-operate with DISHA APP/AMC/authorized service providers of AMC in providing all information requested. User acknowledges that failure to provide such information in a timely manner may result in ineligibility to avail of some or all of the services of DISHA APP and that DISHA APP shall in no way be held liable for any losses of whatsoever nature resulting from such failure to provide information on part of the user. Any information provided by the User may be required to be shared with relevant regulatory/statutory authorities and User authorizes DISHA APP to provide all information to such regulatory/statutory authorities as and when required.

The information shall be provided by the User and shall be governed in accordance with details provided in the privacy policy.

TERMINATION OF SERVICES

DISHA APP may terminate the Services by giving 30 days prior notice in writing to the Registered Customer provided that the Registered Customer shall not be relieved of obligations hereunder notwithstanding such termination incurred prior to the date on which such termination shall become effective.

REGULATORY CAUTION

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.

GOVERNING LAW AND DISPUTE RESOLUTION

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 Mumbai. These terms and conditions are subject to and shall be construed in accordance with the laws prevalent in India.

In the event of dispute between the User and DISHA APP on accuracy of transaction details provided by the User on the DISHA APP Application, the transaction logs maintained by DISHA APP back office will be the only source of data to verify the accuracy of such transactions.

RECOMMENDATIONS

Any recommendation provided by DISHA APP to the customers on mutual funds is incidental to its primary activity.

COMMISSION

DISHA APP earns commission from Asset Management Companies when the user buys mutual funds. However, the recommendations on funds is not influenced by the commission DISHA APP earns.