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SCHEME INFORMATION DOCUMENT
Franklin Build IndiaFund (FBIF)An Open – End Equity Fund
Offer of Units at Rs.10 each for cash (plus applicableload) during the New Fund Offer and at NAV basedprices upon re-opening
New Fund Offer Opens on : July 10, 2009
New Fund Offer Closes on : August 08, 2009
Scheme re-opens for ongoing sale and repurchase on : September 07, 2009
Mutual FundFranklin Templeton Mutual Fund
Asset Management CompanyFranklin Templeton Asset Management (India) Pvt. Ltd.
Trustee CompanyFranklin Templeton Trustee Services Pvt. Ltd.
SponsorTempleton International, Inc. (USA)
Registered Office: Franklin Templeton Asset Management (India) Pvt. Ltd.Level 4, Wockhardt TowersBandra Kurla ComplexBandra (East), Mumbai 400 051www. franklintempletonindia.com
Franklin Build India Fund(FBIF)An Open – End Equity Fund
The particulars of the Scheme have been prepared inaccordance with the Securities and Exchange Board ofIndia (Mutual Funds) Regulations 1996, as amendedtill date, and filed with the Securities and ExchangeBoard of India (SEBI), along with a Due DiligenceCertificate from the AMC. The units being offered forpublic subscription have not been approved orrecommended by SEBI nor has SEBI certified theaccuracy or adequacy of the Scheme InformationDocument.
The Scheme Information Document (SID) sets forthconcisely the information about the scheme that aprospective investor ought to know before investing.Please retain this SID for future reference. Beforeinvesting, investors should also ascertain about anyfurther changes to this SID after the date of thisDocument from the Mutual Fund / Investor ServiceCentres / Website / Distributors or Brokers.
This SID shall remain effective until a 'materialchange' (other than a change in fundamental attributesand within the purview of the SID) occurs andthereafter changes shall be filed with SEBI andcommunicated to the investors or publicly notified byadvertisements in the newspapers, subject to theapplicable Regulations.
The investors are advised to refer to the Statement ofAdditional Information (SAI) for details of FranklinTempleton Mutual Fund, Tax and Legal issues andgeneral information available on our websitewww.franklintempletonindia.com.
The SAI is incorporated by reference (is legally a partof the Scheme Information Document). For a free copyof the current SAI, please contact your nearestFranklin Templeton Investor Service Centre or log onto our website.
The Scheme Information Document should be read inconjunction with the SAI and not in isolation.
This Scheme Information Document is dated July 01,2009.
Contents
Page No.
HIGHLIGHTS/ SUMMARY OF THE SCHEME 02
INTRODUCTION 02
INFORMATION ABOUT THE SCHEME 11
UNITS & OFFER 23
FEES AND EXPENSES OF THE SCHEME 39
RIGHTS OF THE UNITHOLDERS 42
GENERAL UNITHOLDER INFORMATION 42
PENALTIES AND PENDING LITIGATION 43
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HIGHLIGHTS / SUMMARY OF THE SCHEME
Name of the Scheme : Franklin Build India Fund (FBIF)
Nature of the Scheme : An Open-end Equity Fund
Investment Objective: The Scheme seeks to achievecapital appreciation through investments in companiesengaged either directly or indirectly in infrastructure-related activities.
Plans & Options: Growth Plan and Dividend Plan (withReinvestment and Payout Options).
Please note that where the Unitholder has opted forDividend Payout option and in case the amount ofdividend payable to the Unitholder is Rs.20/- or less, thesame will be compulsorily reinvested in the Scheme.
Minimum Amount Subscription: Fresh Purchase -Rs.5,000/-. Additional Purchase - Rs.1,000/-.
Redemption: Rs.1,000/-.
The amount for subscription and redemption in excessof the minimum amount specified above is any amountin multiple of Re. 1/-.
New Fund Offer (NFO) Details:
NFO Opens on July 10, 2009
NFO Closes on August 08, 2009
Scheme re-opens for September 07, 2009ongoing sale and repurchase on
Pricing during NFO : During the NFO, the units will beoffered at a price of Rs.10 per Unit, subject to applicable load
Pricing for on going subscription: Ongoingsubscriptions / purchases will be at Applicable NAV,subject to applicable load
Redemption Price : Redemptions / repurchases will bedone at the Applicable NAV, subject to applicable load
Load Structure - *
Entry Load:
During NFO
• In respect of each purchase of Units less than Rs.5crores in value – 2.25%
• In respect of each purchase of Units equal to orgreater than Rs.5 crores in value – Nil
Upon reopening - Nil
Exit Load:
During NFO and upon reopening
• In respect of each purchase of Units less than Rs.5crores in value – 1% if redeemed within 1 year ofallotment
• In respect of each purchase of Units equal to orgreater than Rs.5 crores in value - 1% if redeemedwithin 6 months of allotment
Minimum Subscription to be collected by the Fund:The Scheme seeks to collect Rs.1 crore as the minimumsubscription and would retain any excess subscriptioncollected. If the Scheme does not collect the minimumsubscription during the NFO, refund will be madewithin six weeks from the date of closure of the NFO.
Liquidity: The Scheme is open forrepurchase/redemption on all Business Days. Theredemption proceeds will be despatched to theunitholders within the statutory time limit of 10business days prescribed by SEBI. However, on a besteffort basis the Fund will endeavour to despatch theredemption proceeds within 4 working days after a validredemption request is received at the Registrar’s office.
Benchmark: S&P CNX 500
Transparency / Disclosure:
• The NAV will be calculated for every Business Dayand released to the press.
• NAV will be calculated up to four decimal placesusing standard rounding criteria.
• The Fund would publish the half-yearly and annualresults as per the SEBI Regulations.
• Full Portfolio disclosure every half-year as per theSEBI Regulations.
*The Trustee / AMC reserve the right to modify / changethe load structure on a prospective basis.
INTRODUCTION
A. RISK FACTORS
STANDARD RISK FACTORS
• Investment in Mutual Fund Units involvesinvestment risks such as trading volumes,settlement risk, liquidity risk, default risk includingthe possible loss of principal.
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• As the price / value / interest rates of the securitiesin which the scheme invests fluctuates, the value ofyour investment in the scheme may go up or down.
• Past performance of the sponsors / the assetmanagement company / mutual fund does notindicate or guarantee the future performance of thescheme of the mutual fund.
• There is no assurance or guarantee that the objectiveof the mutual fund will be achieved.
• The name of the scheme does not in any mannerindicate either the quality of the scheme or its futureprospects and returns.
• The Sponsor is not responsible or liable for any lossresulting from the operation of the Scheme beyondthe initial contribution of Rs.1 lakh made by ittowards setting up the Fund.
• Investors in the Scheme are not being offered anyguaranteed / assured returns.
• There is no guarantee or assurance on the frequencyor quantum of dividends (which shall be at thediscretion of the AMC/Trustee and also depend onthe availability of adequate distributable surplus)although there is every intention to declaredividends in Dividend Plan.
SCHEME SPECIFIC RISK FACTORS
1. The performance of the scheme may be affected bythe corporate performance, macro-economicfactors, changes in Government policies, generallevels of interest rates and risk associated withtrading volumes, liquidity and settlement systems inthe securities markets.
2. Low trading volumes, settlement periods andtransfer procedures may restrict the liquidity of thescheme’s investments. Transacting may becomedifficult due to extreme volatility in the marketresulting in constriction in volumes. Additionally,changes in the SEBI/ RBI regulations/Guidelinesmay have an adverse impact on the liquidity of thescheme. Different segments of the Indian financialmarkets have different settlement periods, and suchperiod may be extended significantly by unforeseencircumstances. The length of time for settlementmay affect the Scheme in the event the Scheme has
to meet an inordinately large number of redemptionrequests. In addition, the Trustee at its solediscretion reserves the right to limit or withdrawsale and/or repurchase/redemption and/or switchingof the units in the scheme (including any one of thePlans of the scheme) temporarily or indefinitelyunder certain circumstances. For details refer theSection ‘Right to limit redemptions’. The schemewill retain certain investments in cash or cashequivalent for the day to day liquidity requirements.
3. The investments under the Scheme are orientedtowards equity and equity linked instruments ofcompanies engaged in the infrastructure relatedactivities and hence will be affected by risksassociated with the infrastructure industries. Theperformance of the Scheme would be dependentupon the performance and market price movementsof companies in the infrastructure industry.Amongst the infrastructure industries as mentionedunder the investment strategy, the majority of theequity / equity linked investments could beconcentrated under a single or a few sectors. Henceif the said sector(s) does not perform positively asexpected by the Fund Manager of the Scheme, theScheme’s performance may be adversely affecteddue to a risk associated with non-diversificationand thus could affect the value of investments.Further, movements in the Net Asset Value (NAV)of the Scheme may be more volatile as compared tothe NAV of a scheme with a more diversifiedportfolio.
4. The Scheme will focus on companies which willbenefit from structural changes brought about bycontinuing liberalization in economic policies bythe Government and/or from continuinginvestments in infrastructure, both by the publicand private sector. It is possible that such policiesmay not fructify or crystallise in a mannercommensurate with expectations thereby affectingthe prospects of companies held in the portfolio ofthe Scheme. Since, the NAV of the scheme is linkedto the share price performance of such companies,they may outperform or under perform thebenchmark index and/or the constituents of the saidbenchmark index.
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Risks associated with equity investment
5. The scheme proposes to invest in equity and equity-related securities. Trading volumes, settlementperiods and transfer procedures may restrictliquidity of investments in equity and equity-relatedsecurities.
6. While securities that are listed on the stockexchange carry lower liquidity risk, the ability to sellthese investments may be limited by overall tradingvolumes of the stock exchanges.
7. Risk will be monitored in terms of the number ofdays it takes to liquidate every stock in the portfolioassuming a share of the average volume traded overthe previous one year. Efforts would be made tokeep the average liquidation period under prudentlimits prescribed internally.
8. The scheme may invest up to 5% of its net assets inunlisted equity and equity related instruments andinvest in non-publicly offered debt securities, whichcould affect the liquidity of the scheme.
9. Securities which are not quoted on the stockexchanges are inherently illiquid in nature and carrya larger liquidity risk in comparison with securitiesthat are listed on the exchanges or offer other exitoptions to the investors, including put options. TheAMC may choose to invest in unlisted securities thatoffer attractive yields within the regulatory limit.This may however increase the risk of the portfolio.Additionally, the liquidity and valuation of theScheme's investments due to its holdings of unlistedsecurities may be affected if they have to be soldprior to the target date of disinvestment.
Risks associated with debt investment
10. Interest rate risk: This risk results from changes indemand and supply for money and othermacroeconomic factors and creates price changes inthe value of debt instruments. Consequently, theNet Asset Value of the scheme may be subject tofluctuation. Changes in the interest rates may affectthe Scheme's Net Asset Value as the prices ofsecurities generally increase as interest rates declineand generally decrease as interest rates rise. Prices oflong term securities generally fluctuate more inresponse to interest rate changes than do short-term
securities. Indian debt markets can be volatileleading to the possibility of price movements up ordown in fixed income securities and therebypossible movements in the NAV.
11. Credit risk or default risk: This refers to the risk thatan issuer of a fixed income security may default (i.e.will be unable to make timely principal and interestpayments on the security). Default risk / credit riskarises due to an issuer’s inability to meet obligationson the principal repayment and interest payments.Because of this risk corporate debentures are sold ata yield above those offered on GovernmentSecurities, which are sovereign obligations and freeof credit risk. Normally the value of a fixed incomesecurity will fluctuate depending upon the changesin the perceived level of credit risk as well as anyactual event of default. The greater the credit risk,the greater the yield required for someone to becompensated for the increased risk.
12. Market risk: This risk arises due to price volatilitydue to such factors as interest sensitivity, marketperception or the credit worthiness of the issuer andgeneral market liquidity.
13. Reinvestment risk: This risk refers to the interestrate levels at which cash flows received for thesecurities in the Scheme is reinvested. Investmentsin debt instruments are subject to reinvestment risksas interest rates prevailing on interest or maturitydue dates may differ from the original coupon of thebond, which might result in the proceeds beinginvested at a lower rate. The additional risk fromreinvestment is the "interest on interest"component. The risk is that the rate at whichinterim cash flows can be reinvested may be lowerthan that originally assumed.
14. Liquidity or Marketability Risk: This refers to theease with which a security can be sold at or near toits valuation yield-to-maturity (YTM). The primarymeasure of liquidity risk is the spread between thebid price and the offer price quoted by a dealer.Liquidity risk is today characteristic of the Indianfixed income market.
15. Certain fixed income securities give an issuer theright to call its securities, before their maturity date,
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in periods of declining interest rates. The possibilityof such pre-payment risk may force the fund to re-invest the proceeds of such investments in securitiesoffering lower yields, there by reducing the fund’sinterest income.
16. The scheme may invest in non-publicly offered debtsecurities. This may expose the scheme to liquidityrisks.
17. Different types of securities in which the schemewould invest as given in the Scheme InformationDocument carry different levels and types of risks.Accordingly the scheme's risk may increase ordecrease depending upon its investment pattern.e.g. corporate bonds carry a higher amount of riskthan Government securities. Further even amongcorporate bonds, bonds which are AAA rated arecomparatively less risky than bonds which are AArated.
18. Different types of Securitised Debts in which thescheme would invest carry different levels and typesof risks. Accordingly the scheme's risk may increaseor decrease depending upon its investments inSecuritised Debts. e.g. AAA securitised bonds willhave low Credit Risk than a AA securitised bond.Credit Risk on Securitised Bonds may also dependupon the Originator, if the Bonds are issued withRecourse to Originator. A Bond with Recourse willhave a lower Credit Risk than a Bond withoutRecourse. Underlying Assets in Securitised Debtmay be the Receivables from Auto Finance, CreditCards, Home Loans or any such receipts. Credit riskrelating to these types of receivables depends uponvarious factors including macro-economic factors ofthese industries and economies. To be more specific,factors like nature and adequacy of propertymortgaged against these borrowings, loanagreement, mortgage deed in case of Home Loan,adequacy of documentation in case of Auto Financeand Home Loan, capacity of borrower to meet itsobligation on borrowings in case of Credit Cardsand intentions of the borrower influence the risksrelating to the assets (borrowings) underlying theSecuritised Debts. Holders of Securitised Assets mayhave Low Credit Risk with Diversified Retail Base on
Underlying Assets, especially when SecuritisedAssets are created by High Credit Rated Tranches.Risk profiles of Planned Amortisation ClassTranches (PAC), Principal Only Class Tranches(PO) and Interest Only Class Tranches (IO) will alsodiffer, depending upon the interest rate movementand Speed of Pre-payments. A change in marketinterest rates/prepayments may not change theabsolute amount of receivables for the investors, butaffects the reinvestment of the periodic cashflowsthat the investor receives in the securitised paper.
19. Presently, secondary market for securitised papers isnot very liquid. There is no assurance that a deepsecondary market will develop for such securities.This could limit the ability of the investor to resellthem. Even if a secondary market develops and saleswere to take place, these secondary transactions maybe at a discount to the initial issue price due tochanges in the interest rate structure
20. Securitised transactions are normally backed bypool of receivables and credit enhancement asstipulated by the rating agency, which differ fromissue to issue. The Credit Enhancement stipulatedrepresents a limited loss cover to the Investors.These Certificates represent an undivided beneficialinterest in the underlying receivables and there is noobligation of either the Issuer or the Seller or theoriginator, or the parent or any affiliate of the Seller,Issuer and Originator. No financial recourse isavailable to the Certificate Holders against theInvestors’ Representative. Delinquencies and creditlosses may cause depletion of the amount availableunder the Credit Enhancement and thereby theInvestor Payouts may get affected if the amountavailable in the Credit Enhancement facility is notenough to cover the shortfall. On persistent defaultof an Obligor to repay his obligation, the Seller mayrepossess and sell the underlying Asset. Howevermany factors may affect, delay or prevent therepossession of such Asset or the length of timerequired to realize the sale proceeds on such sales.In addition, the price at which such Asset may besold may be lower than the amount due from thatObligor.
21. Money market securities, while fairly liquid, lack awell-developed secondary market, which mayrestrict the selling ability of the scheme.
Risks associated with derivatives
22. Derivatives are high risk, high return instruments asthey may be highly leveraged. A small pricemovement in the underlying security could have alarge impact on their value and may also result in aloss. The risks associated with the use of derivativesare different from or possibly greater than, the risksassociated with investing directly in securities andother traditional investments.
23. Derivative products are leveraged instruments andcan provide disproportionate gains as well asdisproportionate losses to the investor. Execution ofsuch strategies depends upon the ability of the fundmanager to identify such opportunities.Identification and execution of the strategies to bepursued by the fund manager involve uncertaintyand decision of fund manager may not always beprofitable. No assurance can be given that the fundmanager will be able to identify or execute suchstrategies.
24. In case of buying options either call/put, themaximum loss would be the premium paid in caseof options expiring out of the money.
25. In case of writing options for an option buyer, lossis limited to the premium that he has paid and gainsare unlimited. The risk of an option writer i.e. theseller of the option, is unlimited while his gains arelimited to the premiums earned.
26. The risks associated with futures are similar to thoseassociated with equity investments. Additional riskscould be on account of illiquidity and potentialmis–pricing of the futures and the inability ofderivatives to correlate perfectly with underlyingassets, rates and indices.
27. The Long position in the Nifty will have as muchloss as the gain in the short portfolio if hedgedcompletely and would be vice versa if we wereholding long portfolio, short Index.
28. While Futures markets are typically more liquidthan the underlying cash market, there can be no
assurance that ready liquidity would exist at allpoints in time for scheme to purchase or close out aspecific futures contract.
29. The Scheme may find it difficult or impossible toexecute derivative transactions in certaincircumstances. For example, when there areinsufficient bids or suspension of trading due toprice limit or circuit breakers, the Scheme may facea liquidity issue.
30. The Stock Exchange may impose restrictions onexercise of options and may also restrict the exerciseof options at certain times in specifiedcircumstances and this could impact the value of theportfolio.
31. Interest rate swaps require the maintenance ofadequate controls to monitor the transactionsentered into, the ability to asses the risk that thederivative adds to the portfolio and the ability toforecast failure of another party (usually referred toas the "counter-party") to comply with the terms ofthe derivatives contract. Other risks in usingderivatives include the risk of mis-pricing orimproper valuation of derivatives, the credit riskwhere the danger is that of a counter-party failing tohonor its commitment, liquidity risk where thedanger is that the derivative cannot be sold at pricesthat reflect the underlying assets, rates and indices,and price risk where the market price may move inadverse fashion.
Risks associated with Securities Lending
32. Engaging in securities lending is subject to risksrelated to fluctuations in collateral value andsettlement/liquidity and counter party risks. Therisks in lending portfolio securities, as with otherextensions of credit, consist of the failure of anotherparty, in this case the approved intermediary, tocomply with the terms of agreement entered intobetween the lender of securities i.e. the Scheme andthe approved intermediary. Such failure to complycan result in the possible loss of rights in thecollateral put up by the borrower of the securities,the inability of the approved intermediary to returnthe securities deposited by the lender and thepossible loss of any corporate benefits accruing to
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the lender from the securities deposited with theapproved intermediary. The Mutual Fund may notbe able to sell such lent securities and this can leadto temporary illiquidity.
Risks associated with Short-selling of Securities
33. Purchasing a security entails the risk of the securityprice going down. Short selling of securities (i.e. saleof securities without owning them) entails the riskof the security price going up there by decreasingthe profitability of the short position. Short selling issubject to risks related to fluctuations in marketprice, and settlement/liquidity risks. If required bythe Regulations, short selling may entail marginmoney to be deposited with the clearing house anddaily mark to market of the prices and margins. Thismay impact fund pricing and may induce liquidityrisks if the fund is not able to provide adequatemargins to the clearing house. Failure to meetmargin requirements may result in penalties beingimposed by the exchanges and clearing house.
Risks associated with overseas investment
34. To the extent the assets of the scheme are investedin overseas financial assets, there may be risksassociated with currency movements, restrictions onrepatriation and transaction procedures in overseasmarket. Further, the repatriation of capital to Indiamay also be hampered by changes in regulations orpolitical circumstances as well as the application toit of other restrictions on investment. In addition,country risks would include events such asintroduction of extraordinary exchange controls,economic deterioration, bi-lateral conflict leading toimmobilisation of the overseas financial assets andthe prevalent tax laws of the respective jurisdictionfor execution of trades or otherwise.
35. Currency Risk: The fund will invest in overseasmutual fund / foreign securities as permitted by theconcerned regulatory authorities in India. Since theassets will be invested in securities denominated inforeign currencies, the Indian Rupee equivalent ofthe net assets, distributions and income may beadversely affected by changes/fluctuations in thevalue of the foreign currencies relative to the IndianRupee.
36. Country Risk: The Country risk arises from theinability of a country, to meet its financialobligations. It is the risk encompassing economic,social and political conditions in a foreign country,which might adversely affect foreign investors’financial interests.
B. REQUIREMENT OF MINIMUM NUMBER OFINVESTORS
The Scheme/Plan shall have a minimum of 20investors and no single investor shall account formore than 25% of the corpus of the Scheme/Plan(s).However, if such limit is breached during the NFOof the Scheme, the Fund will endeavour to ensurethat within a period of three months or the end ofthe succeeding calendar quarter from the close ofthe NFO of the Scheme, whichever is earlier, theScheme complies with these two conditions. In casethe Scheme / Plan(s) does not have a minimum of20 investors in the stipulated period, the provisionsof Regulation 39(2)(c) of the SEBI (MF) Regulationswould become applicable automatically without anyreference from SEBI and accordingly the Scheme /Plan(s) shall be wound up and the units would beredeemed at applicable NAV. The two conditionsmentioned above shall also be complied within eachsubsequent calendar quarter thereafter, on anaverage basis, as specified by SEBI. If there is abreach of the 25% limit by any investor over thequarter, a rebalancing period of one month would beallowed and thereafter the investor who is in breachof the rule shall be given 15 days notice to redeemhis exposure over the 25% limit. Failure on the partof the said investor to redeem his exposure over the25% limit within the aforesaid 15 days would lead toautomatic redemption by the Mutual Fund on theapplicable Net Asset Value on the 15th day of thenotice period. The Fund shall adhere to therequirements prescribed by SEBI from time to timein this regard.
C. SPECIAL CONSIDERATIONS
• Investment decisions made by the InvestmentManager will not always be profitable or prove to becorrect. Accordingly, the scheme is not intended as acomplete investment program.
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• A Unitholder may invest in the scheme and acquirea substantial portion of the scheme units. Therepurchase of units by the Unitholder may have anadverse impact on the units of the schemes, becausethe timing of such repurchase may impact the abilityof other Unit holders to repurchase their units.
• Prospective investors should review / study this SIDcarefully and in its entirety and shall not construethe contents hereof or regard the summariescontained herein as advice relating to legal, taxation,or financial/ investment matters and are advised toconsult their own professional advisor(s) as to thelegal or any other requirements or restrictionsrelating to the subscription, gifting, acquisition,holding, disposal (sale, transfer, switch orredemption or conversion into money) of Units andto the treatment of income (if any), capitalization,capital gains, any distribution, and other taxconsequences relevant to their subscription,acquisition, holding, capitalization, disposal (sale,transfer, switch or redemption or conversion intomoney) of Units within their jurisdiction / ofnationality, residence, domicile etc. or under thelaws of any jurisdiction to which they or anymanaged Funds to be used to purchase/gift Units aresubject, and (also) to determine possible legal, tax,financial or other consequences of subscribing /gifting to, purchasing or holding Units beforemaking an application for Units.
• Neither this Scheme Information Document nor theunits have been registered in any jurisdiction. Thedistribution of this Scheme Information Documentin certain jurisdictions may be restricted or subjectto registration requirements and, accordingly,persons who come into possession of this SchemeInformation Document in certain jurisdictions arerequired to inform themselves about, and toobserve, any such restrictions. No person receivinga copy of this Scheme Information Document or anyaccompanying application form in such jurisdictionmay treat this Scheme Information Document orsuch application form as constituting an invitationto them to subscribe for Units, nor should they inany event use any such application form, unless inthe relevant jurisdiction such an invitation could
lawfully be made to them and such application formcould lawfully be used without compliance with anyregistration or other legal requirements.
• No person has been authorised to give anyinformation or to make any representations notconfirmed in this Scheme Information Document inconnection with this Offer or the issue of Units, andany information or representations not containedherein must not be relied upon as having beenauthorized by the Mutual Fund, the InvestmentManager. Neither the delivery of this SchemeInformation Document nor any sale made hereundershall, under any circumstances, create anyimplication that the information contained herein iscorrect as of any time subsequent to the close of theInitial Offering Period. The Investor is requested tocheck the credentials of the individual/firm he/she isentrusting his/her application form and payment to,for any transaction with the Fund. TheFund/Trustee or the AMC shall not be responsiblefor any acts done by the intermediaries representingor purportedly representing such investor.
D. DEFINITIONS
For the purpose of this Scheme Information Document,unless the context otherwise requires, the followingterms shall have the following meanings:
Applicable NAV : "Applicable NAV" is the Net AssetValue per unit applicable for the transaction(subscription / redemption / switch) based on the dayand time on which the application is accepted at any ISC/ Collection Centre, as evidenced by the electronic date/ time stamp affixed at the ISC or Collection Centre.
Business Day: A day other than:
(i) Saturday and Sunday;
(ii) a day on which The Bombay Stock Exchange Ltd.(BSE) and / or the National Stock Exchange ofIndia Ltd. (NSE) are closed for business;
(iii) a day on which normal business could not betransacted due to storms, floods, bandhs, strikes orsuch other events as the AMC may specify fromtime to time;
(iv) a day on which sale and repurchase of units issuspended by the AMC;
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(v) A day on which register of unitholders is closed;
(vi) a day which is a holiday/non-working day at anISC or a Collection Centre. However, it will be nonbusiness day for that location only.
The AMC reserves the right to declare any day as aBusiness Day or otherwise at any or all ISCs orCollection Centres.
CDSC: Contingent Deferred Sales Charge
Entry / Sales Load: Load on subscriptions / purchases
Exit / Redemption Load: Load on redemption /repurchase other than CDSC
Equity linked instruments: Convertible bonds /debentures, warrants including warrants carrying theright to obtain shares, shares of different classesincluding preference shares, Foreign CurrencyConvertible Bonds (FCCB), Depository Receipts etc.
ISC: Investor Service Centre of the Asset ManagementCompany
Collection Centres: The location (other than ISC)that is declared as an official point of acceptance forall transactions but where no Investor or Distributorservices are offered. These locations would onlyaccept and acknowledge transactions as per SEBIguidelines.
Feeder Fund: Feeder Fund means any ForeignInstitutional Investor (FII) through their sub-account orany scheme/fund/portfolio established in India orotherwise that invests primarily in the schemes ofFranklin Templeton Mutual Fund.
Foreign Securities: Depository Receipts (DR) /Foreign Currency Convertible Bond (FCCB) issued byIndian companies, shares of different classes / stocks /warrants / DRs of overseas companies, foreign debtsecurities (short term as well as long term debtinstruments – convertible or non convertible), foreigngovernment securities, units/securities issued byoverseas mutual funds or unit trusts, overseasexchange traded funds (ETFs), foreign derivatives andsuch other overseas financial assets/instruments asmay be permitted by SEBI/RBI/other regulatoryauthorities from time to time.
Eligible Investment Amount: The maximum amountthat can be invested, by all the schemes of Franklin
Templeton Mutual Fund in Foreign Securities,
calculated based on the cost of investments in Foreign
Securities as per the RBI Circular AP (DIR) Series
Circular No. 12 dated September 26, 2007 read with
SEBI Circular No. SEBI/IMD/CIR No.7/104753/07 dated
September 26, 2007, that currently permits the Fund to
invest only up to US$300 million in Foreign Securities
and up to US$ 50 million in ETFs. The Eligible
Investment Amount may change in case the aforesaid
limits are revised by SEBI/RBI from time to time.
Money Market Instruments: Commercial papers,
commercial bills, treasury bills, Government securities
having an unexpired maturity up to one year, call or
notice money, certificate of deposit, usance bills, (repos
/ reverse repos), CBLO and any other like instruments as
specified by the Reserve Bank of India from time to time
including mibor linked securities, call products having
unexpired maturity up to one year
NAV: Net Asset Value of the Units of Franklin Build
India Fund
SAI: Statement of Additional Information of Franklin
Templeton Mutual Fund
Scheme Information Document: The document issued
by Franklin Templeton Mutual Fund offering Units of
Franklin Build India Fund
Repo / Reverse Repo: Sale/Purchase of Government
Securities as may be allowed by RBI from time to time
with simultaneous agreement to repurchase/resell them
at a later date.
Scheme: Franklin Build India Fund ("FBIF")
Unit: The interest of an investor, which consists of, one
undivided shares in the Net Assets of Franklin Build
India Fund
Unitholder: A person holding Units in Franklin Build
India Fund
Words and expression used but not defined in this
Scheme Information Document shall have the same
meaning respectively assigned to them under the
Statement of Additional Information.
In this SID, all references to "U.S.$" or "$" are to United
States of America Dollars and "Rs." are to Indian
Rupees.
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E. DUE DILIGENCE CERTIFICATE
Franklin Build India Fund
It is confirmed that:
i. the Scheme Information Document forwarded to SEBI is inaccordance with the SEBI (Mutual Funds) Regulations, 1996 and theguidelines and directives issued by SEBI from time to time.
ii. All legal requirements connected with the launching of the schemesas also the guidelines, instructions, etc. issued by the Governmentand any other competent authority in this behalf, have been dulycomplied with.
iii. the disclosures made in the Scheme Information Document are true,fair and adequate to enable the investors to make a well informeddecision regarding investment in the proposed scheme.
iv. the intermediaries named in the Scheme Information Document andStatement of Additional Information are registered with SEBI andtheir registration is valid, as on date.
Date : May 28, 2009 Shilpa Shetty
Place : Mumbai Compliance Officer
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INFORMATION ABOUT THE SCHEMES
A. NAME & TYPE OF THE SCHEME
Franklin Build India Fund, an open-end equityfund.
B. INVESTMENT OBJECTIVES & POLICIES
The Scheme seeks to achieve capital appreciationthrough investments in companies engaged eitherdirectly or indirectly in infrastructure-relatedactivities.
C. ASSET ALLOCATION PATTERN
Under normal market circumstances, theinvestment range would be as follows:
Instruments Risk Profile As % of Net Assets #(Min. – Max.)
Equities and Equity Medium to High 70% - 100%Linked instruments
- Infrastructure-related 65% - 100%companies
- Other companies 0% - 35%
Debt securities* and Low to Medium 0% - 30%Money Market Instruments
# including investments in Foreign Securities as may be permitted by
SEBI/RBI up to 35% of the net assets of the scheme, exposure in
derivatives up to a maximum of 50%
* including government securities and securitised debt up to 30%
• The Scheme would primarily invest in equities andequity related instruments of companies which areengaged either directly or indirectly ininfrastructure-related activities.
• A maximum of 40% of net assets may be deployed insecurities lending and the maximum single partyexposure may be restricted to 10% of net assetsoutstanding at any point of time.
The fund managers will follow an active investmentstrategy taking defensive/aggressive postures dependingon opportunities available at various points in time.
It must be clearly understood that the percentages statedabove are only indicative and not absolute and that theycan vary substantially depending upon the perception ofthe Investment Manager, the intention being at all timesto seek to protect the interests of the Unit holders. The
asset allocation pattern described above may alter fromtime to time on a short-term basis on defensiveconsiderations, keeping in view market conditions,market opportunities, applicable regulations andpolitical and economic factors. However, if the assetallocation pattern is to be altered for other reasons, asthis is a fundamental attribute, the procedure outlinedin the paragraph on fundamental attributes below, shallbe followed.
D. WHERE WILL THE SCHEME INVEST
Subject to the SEBI Regulations, the Scheme may investin various types of instruments including, but notlimited to, any of the following:
(a) Equity and Equity linked instruments of domesticcompanies / corporations
(b) Securities issued, guaranteed or supported by theCentral Government or any state government(including but not limited to coupon bearingbonds, zero coupon bonds and treasury bills)
(c) Securities issued by any domestic governmentagencies, quasi-government or statutory bodies,Public Sector Undertakings, which may or may notbe guaranteed or supported by the CentralGovernment or any state government
(d) Domestic non-convertible securities as well asnon-convertible portion of convertible securities,such as debentures, coupon bearing bonds, zerocoupon bonds, deep discount bonds, Mibor-linkedor other floating rate instruments, premium notesand other debt securities or obligations of publicsector undertakings, banks, financial institutions,corporations, companies and other bodiescorporate as may be permitted by SEBI / RBI fromtime to time
(e) Domestic securitised debt, pass throughobligations, various types of securitisationissuances, including but not limited to AssetBacked Securitisation, Mortgage BackedSecuritisation, Personal Loan BackedSecuritisation, Collateralised Loan Obligation /Collateralised Bond Obligation and so on
(f) Domestic Commercial Paper (CP), Certificate ofDeposits (CD), Bills Rediscounting, CBLO, Repo /Reverse Repo, Call and Notice Money and other
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Money Market Instruments as may be permittedby SEBI / RBI from time to time.
(g) Domestic derivatives
(h) Deposits with domestic banks and other bodiescorporate as may be permitted by SEBI from timeto time
(i) Any other domestic debt and money marketinstruments that may be available from time totime.
Further, subject to the guidelines issued by SEBI onoverseas investments, the Scheme may invest in varioustypes of Foreign Securities including, but not limited to,any of the following:
(j) Equity and Equity linked instruments of overseascompanies listed on recognised stock exchangesoverseas
(k) Initial and follow on public offerings for listing atrecognised stock exchanges overseas
(l) ADRs / GDRs issued by Indian or foreigncompanies
(m) foreign debt securities (convertible or non-convertible) in the countries with fully convertiblecurrencies
(n) overseas short term as well as long term debtinstruments with rating not below investmentgrade by accredited/registered credit ratingagencies
(o) Overseas Money market instruments rated notbelow investment grade
(p) Overseas repos in the form of investment, wherethe counterparty is rated not below investmentgrade (repos shall not however, involve anyborrowing of funds by the Scheme)
(q) Foreign government securities where the countriesare rated not below investment grade
(r) Overseas derivatives traded on recognized stockexchanges overseas (currently permitted only forhedging and portfolio balancing with underlyingas securities)
(s) Short term deposits with banks overseas where theissuer is rated not below investment grade
(t) Overseas Exchange Traded Funds (ETFs)
(u) units/securities issued by overseas mutual funds orunit trusts registered with overseas regulators andinvesting in permitted Foreign Securities, RealEstate Investment Trusts (REITs) listed inrecognized stock exchanges overseas or unlistedoverseas securities (not exceeding 10% of their netassets).
(v) Any other permitted overseas securities /instruments that may be available from time totime.
Investment in Foreign Securities shall be in accordancewith the guidelines issued by SEBI from time to time.The securities mentioned above could be listed, unlisted,publicly offered, privately placed, secured, unsecured,rated or unrated and of varying maturity. The securitiesmay be acquired through public offerings (IPOs),secondary market operations, private placement, rightsoffers or negotiated deals. The Scheme may also enterinto repurchase and reverse repurchase obligations in allsecurities held by it as per the guidelines and regulationsapplicable to such transactions.
INVESTMENTS IN DERIVATIVE INSTRUMENTS
Brief note on investment in derivative instruments
As part of the Fund Management process, the Trusteemay permit the use of derivative instruments such asindex futures, stock futures and options contracts,warrants, convertible securities, swap agreements,Forward Rate Agreement (FRA) or any other derivativeinstruments that are permissible or may be permissiblein future under applicable regulations and suchinvestments shall be in accordance with the investmentobjectives of the scheme.
Index futures/options are meant to be an efficient way ofbuying/selling an index compared to buying/selling aportfolio of physical shares representing an index forease of execution and settlement. Index futures/optionscan be an efficient way of achieving the scheme’sinvestment objective. On the fixed income side, aninterest rate swap agreement from fixed rate to floatingrate is an example of how derivatives can be an effectivehedge for the portfolio in a rising interest rateenvironment.
Derivatives can be either exchange traded or can be overthe counter (OTC). Exchange traded derivatives arelisted and traded on Stock Exchanges whereas OTCderivative transactions are generally structured betweentwo counterparties.
Derivatives may be high risk - high return instruments,upon leveraging. As they are highly leveraged, a smallprice movement in the underlying security could have alarge impact on their value and may also result in a loss.
Position Limits:
The scheme may enter into derivatives in line with theguidelines prescribed by SEBI vide circulars No.DNPD/Cir-29/2005 dated September 14, 2005 andDNPD/Cir-30/2006 dated January 20, 2006. The schememay take exposure in derivatives up to a maximum of50% of its AUM. These limits will be reviewed by theAMC from time to time.
Currently, the position limits for Mutual Funds and itsschemes, as permitted by the SEBI Regulations, are asunder:
i. Position limit for Mutual Funds in index optionscontracts:
1. The Mutual Fund position limit in all index optionscontracts on a particular underlying index shall beRs. 250 crore or 15% of the total open interest of themarket in index options, whichever is higher, perStock Exchange.
2. This limit would be applicable on open positions inall options contracts on a particular underlyingindex.
ii. Position limit for Mutual Funds in index futurescontracts:
1. The Mutual Fund position limit in all index futurescontracts on a particular underlying index shall beRs. 250 crore or 15% of the total open interest of themarket in index futures, whichever is higher, perStock Exchange.
2. This limit would be applicable on open positions inall futures contracts on a particular underlyingindex.
iii. Additional position limit for hedging
In addition to the position limits at point (i) and (ii)
above, Mutual Funds may take exposure in equity indexderivatives subject to the following limits:
1. Short positions in index derivatives (short futures,short calls and long puts) shall not exceed (innotional value) the Mutual Fund’s holding of stocks.
2. Long positions in index derivatives (long futures,long calls and short puts) shall not exceed (innotional value) the Mutual Fund’s holding of cash,government securities, T-Bills and similarinstruments.
iv. Position limit for Mutual Funds for stock basedderivative contracts
The Mutual Fund position limit in a derivativecontract on a particular underlying stock, i.e. stockoption contracts and stock futures contracts, standmodified in the following manner: -
1. For stocks in which the market wide position limitis less than or equal to Rs. 250 crore, the MutualFund position limit in such stock shall be 20% ofthe market wide position limit.
2. For stocks in which the market wide position limitis greater than Rs. 250 crore, the Mutual Fundposition limit in such stock shall be Rs. 50 crore.
v. Position limit for each scheme of a Mutual Fund
The position limits for each scheme of mutual fundand disclosure requirements shall be identical tothat prescribed for a sub-account of a FII. Therefore,the scheme-wise position limit/disclosurerequirements shall be –
1. For stock option and stock futures contracts, thegross open position across all derivative contractson a particular underlying stock of a scheme of amutual fund shall not exceed the higher of:
1% of the free float market capitalisation (in termsof number of shares)
Or
5% of the open interest in the derivative contractson a particular underlying stock (in terms ofnumber of contracts)
2. This position limits shall be applicable on thecombined position in all derivative contracts on anunderlying stock at a Stock Exchange.
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3. For index based contracts, Mutual Funds shalldisclose the total open interest held by its scheme orall schemes put together in a particular underlyingindex, if such open interest equals to or exceeds15% of the open interest of all derivative contractson that underlying index.
Valuation:
- The traded derivatives shall be valued at marketprice in conformity with the stipulations of subclauses (i) to (v) of clause 1 of the Eighth Scheduleto the Securities and Exchange Board of India(Mutual Funds) Regulations, 1996.
- The valuation of untraded derivatives shall be donein accordance with the valuation method foruntraded investments prescribed in sub clauses (i)and (ii) of clause 2 of the Eighth Schedule to theSecurities and Exchange Board of India (MutualFunds) Regulations, 1996.
Stock and Index Options:
Option contracts are of two types - Call and Put; theformer being the right, but not obligation, to purchase aprescribed number of shares at a specified price beforeor on a specific expiration date and the latter being theright, but not obligation, to sell a prescribed number ofshares at a specified price before or on a specificexpiration date. The price at which the shares arecontracted to be purchased or sold is called the strikeprice. Options that can be exercised on or before theexpiration date are called American Options, whilethose that can be exercised only on the expiration dateare called European Options. In India, all individualstock options are American Options, whereas all indexoptions are European Options. Option contracts aredesignated by the type of option, name of theunderlying, expiry month and the strike price.
Strategies that employ Options:
Buying a Call Option: Let us assume that the Fund buysa call option of XYZ Ltd. with strike price of Rs. 1000,at a premium of Rs. 25. If the market price of ABC Ltdon the expiration date is more than Rs. 1000, the optionwill be exercised. The Fund will earn profits once theshare price crosses Rs. 1025 (Strike Price + Premium i.e.1000+25). Suppose the price of the stock is Rs. 1100,
the option will be exercised and the Fund will buy 1share of XYZ Ltd. from the seller of the option at Rs1000 and sell it in the market at Rs. 1100, making aprofit of Rs. 75. In another scenario, if on the expirationdate the stock price falls below Rs. 1000, say it touchesRs. 900, the Fund will choose not to exercise the option.In this case the Fund loses the premium (Rs. 25), whichwill be the profit earned by the seller of the call option.
Risks:
In case of buying options either call/put, the maximumloss would be the premium paid in case of optionsexpiring out of the money.
Buying a Put Option: Let us assume the Fund owns theshares of XYZ Ltd, which is trading at Rs. 500. The fundwishes to hedge this position in the short-term as itperceives some downside to the stock in the short-term.It can buy a Put Option at Rs. 500 by paying a premiumof say Rs, 10/- In case the stock goes down to Rs. 450/-the fund has protected its downside to only thepremium i.e Rs 10 instead of Rs. 50. On the contrary ifthe stock moves up to say Rs. 550/- the fund may let theOption expire and forego the premium therebycapturing Rs. 40/- upside. The strategy is useful fordownside protection at cost of foregoing some upside.
Risks:
In case of buying options either call/put, the maximumloss would be the premium paid in case of optionsexpiring out of the money.
Writing a Call Option: Let us assume that the Fundowns shares of XYZ Ltd., which are trading at Rs. 1000.The Fund wishes to sell these shares at Rs.1100. It canwrite call option at Rs. 1100 and earn a premium of, say,Rs. 20. If the option is not exercised, the Fund earns apremium and if the stock price does reach Rs. 1100, thepremium adds to the profits that the Fund would havebooked by selling at that price. In this case, if the stockprice of XYZ Ltd. is less then Rs. 1100, the Fund earnsRs 20 and if it closes above Rs. 1100 and the option getsexercised by the buyer, the Fund gets the strike price ofRs. 1100 plus a premium of Rs. 20, i.e. effectively Rs.1120. Any loss because of stock price movement beyondRs. 1120 is an opportunity loss, as the Fund wouldotherwise have sold the shares at Rs. 1100.
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Risks:
A trader who believes that a stock’s price will decreasecan sell a call. The trader selling a call has an obligationto sell the stock to the call buyer at the buyer’s option. Ifthe stock price decreases, the short call position willmake a profit in the amount of the premium. If the stockprice increases over the exercise price by more than theamount of the premium, the short will lose money, thepotential loss is unlimited.
Writing a Put Option: Let us assume that the fundwants to buy a share of ABC @ 100, the current price ofthe stock being Rs. 120/- The fund can choose to writea Put Option with the strike price @ Rs. 100/- and earna small premium of say Rs. 2/- In case the stock comesbelow Rs. 100/- the buyer of the Put option will exerciseit and the fund can enter the stock at its desired price (Inthis case Rs. 100- Rs. 1 = Rs 99). In case the stock trades@ Rs. 120/- the option-holder will not exercise theoption and let it expire. In this case the fund will earnthe premium income of Rs. 2/-
Risks:
For an option buyer, loss is limited to the premium thathe has paid and gains are unlimited. The risk of anoption writer i.e. the seller of the option, is unlimitedwhile his gains are limited to the premiums earned.
The above example is for the purpose of illustrating theuse of call options in individual stocks. Similar analogycan be used for Index Options too when the fund wishesto hedge a part of the total portfolio or cash.
Stock and Index Futures:
The Stock Exchange, Mumbai and the National StockExchange have introduced Index futures on BSE Sensex(BSE 30) and Nifty (NSE-50). Generally, three futures of1 month, 2 months and 3 months are presently tradedon these exchanges. These futures will expire on the lastworking Thursday of the respective month.
There are futures based on stock indices as mentionedabove as also futures based on individual stocks.Individual stock futures are also widely used derivativeinstruments for enhancing portfolio returns. Stockfutures trade either at a premium or at discount to thespot prices, usually the level of premium reflective ofthe cost of carry. Many a times the stock-specific
sentiments too have a bearing on Futures as speculatorsmay find futures as a cost-effective way of executingtheir view on the stock. However such executionsusually increase the premium/discount to the spotsignificantly, thereby giving rise to clean arbitrageopportunities for a fund.
Strategies that employ Index Futures:
Illustrative list of strategies that can employ indexfutures:
(a) The fund has an existing equity portion invested ina basket of stocks. In case the fund manager has aview that the equity markets are headed downwards,the fund can then hedge the exposure to equityeither fully or partially by initiating short futurespositions in the index. A similar position in the longdirection can also be initiated by the fund to hedgeits position of cash and permissible equivalents. Theextent to which this can be done is determined byexisting guidelines.
(b) To the extent permissible by extant regulations thescheme can initiate a naked short position in anunderlying index future traded on a recognizedstock exchange.
In case the Nifty near month future contract tradingat say, 1850, and the fund manager has a view that itwill depreciate going forward, the fund can initiate asale transaction of nifty futures at 1850 withoutholding a portfolio of equity stocks or any otherunderlying long equity position. Once the price fallsto 1800 after say, 20 days the fund can initiate asquare-up transaction by buying the said futures andbook a profit of 50. Correspondingly the fund cantake a long position without an underlying cash/cash equivalent subject to the extant regulations.
Risks:
• The risks associated with index futures are similar tothose associated with equity investments.Additional risks could be on account of illiquidityand potential mis–pricing of the futures and theinability of derivatives to correlate perfectly withunderlying assets, rates and indices.
• The Long position in the Nifty will have as muchloss as the gain in the short portfolio if hedged
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completely and would be vice versa if we wereholding long portfolio, short Index.
Strategies that employ Stock Futures:
Sell Spot Buy Future: To illustrate, let us assume thefund holds the stock XYZ Ltd which is trading @ Rs.100/- at the spot market. If for some reasons the stocktrades at Rs. 98 in the futures, the fund may sell thestock and buy the futures. On the date of expiry, thefund may reverse the transactions (i.e. Buy Spot & Sellfutures) and earn a risk-free Rs. 2/- (2% absolute) onits holdings. Since this is done without diluting thefund’s view on the underlying stock, the fund willbenefit from any upside move i.e. if on the date offutures expiry, the stock is trading at Rs. 110/- thefutures too will be trading at Rs. 110- and the fund willcapture the 10% upside the stock provided and alongwith it the 2% arbitrage too, thereby enhancing returnsto 12%
Risks:
• While Futures markets are typically more liquidthan the underlying cash market, there can be noassurance that ready liquidity would exist at allpoints in time for scheme to purchase or close out aspecific futures contract.
• The risks associated with stock futures are similar tothose associated with equity investments.Additional risks could be on account of illiquidityand potential mis–pricing of the futures.
Buy Spot Sell Future: If the fund holds a stock XYZ Ltdwhich trades @ Rs 100/- at the spot market and istrading at Rs. 102/- in the futures market. The fund maybuy the spot and sell the futures and earn the premiumof Rs.2 /- which is risk-free. However this strategy canbe used only when the fund is sitting in cash and islooking at enhancing the returns on the cash.
Risks:
• While Futures markets are typically more liquidthan the underlying cash market, there can be noassurance that ready liquidity would exist at allpoints in time for scheme to purchase or close out aspecific futures contract.
• The risks associated with stock futures are similar tothose associated with equity investments.
Additional risks could be on account of illiquidityand potential mis–pricing of the futures.
Sell Future: This helps in shorting the market and takinga direct short position in the market. Futures facilitate ashort position if fund manager has a bearish view in themarket. A sold Futures can be re-purchased any time upto the date of its expiry. If not re-purchased, it isautomatically squared off on the expiry date at Spot Rate.
Risks:
The risks associated with stock futures are similar tothose associated with equity investments. Additionalrisks could be on account of illiquidity and potentialmis–pricing of the futures and the inability ofderivatives to correlate perfectly with underlying assets,rates and indices.
Buy Future: If the fund wants to initiate a long positionin a stock whose spot price is at say, Rs.100 and futures isat 98, the fund may just buy the futures contract insteadof the spot thereby benefiting from a lower cost option.
Risks:
The risks associated with stock futures are similar tothose associated with equity investments. Additionalrisks could be on account of illiquidity and potentialmis–pricing of the futures and the inability ofderivatives to correlate perfectly with underlying assets,rates and indices.
Interest Rate Swaps:
The Indian markets have faced high volatility in debtand equity markets. An interest rate swap is acontractual agreement between two counter-parties toexchange streams of interest amount on a nationalprincipal basis. In this, one party agrees to pay a fixedstream of interest amount against receiving a variable orfloating stream of interest amount. The variable orfloating part is determined on a periodical basis.
Let us look at an example of an interest rate swap:
Entity A has a Rs.20 crores, 3 month asset which isbeing funded through call. Entity B, on the other hand,has deployed in overnight call money market a Rs.20crores, 3 month liability. Both the entities are taking onan interest rate risk.
To hedge against the interest rate risk, both the entitiescan enter into a 3 month swap agreement based on say
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MIBOR (Mumbai Inter Bank Offered Rate). Through thisswap, entity B will receive a fixed preagreed rate (say8%) and pay NSE MIBOR ("the benchmark rate") whichwill neutralize the interest rate risk of lending in call.Similarly, entity A will neutralize its interest rate riskfrom call borrowing as it will pay 8% and receive interestat the benchmark rate.
Assuming the swap is for Rs.20 crores 1 September to 1December, Entity A is a floating rate receiver at theovernight compounded rate and Entity B is a fixed ratereceiver. On a daily basis, the benchmark rate fixed byNSE will be tracked by them.
On December 1, they will calculate as explained below:
Entity A is entitled to receive daily compounded call ratefor 92 days and pay 8% fixed.
Entity B is entitled to receive interest on Rs.20 crores @8% i.e. Rs.40.33 lakhs, and pay the compoundedbenchmark rate.
Thus on December 1, if the total interest on the dailyovernight compounded benchmark rate is higher thanRs.40.33 lakhs, entity B will pay entity A the differenceand vice versa.
Forward Rate Agreement (FRA)
A FRA is basically a forward starting IRS. It is anagreement between two parties to pay or receive thedifference between an agreed fixed rate (the FRA rate)and the interest rate (reference rate) prevailing on astipulated future date, based on a notional principalamount for an agreed period. The only cash flow is thedifference between the FRA rate and the reference rate.As is the case with IRS, the notional amounts are notexchanged in FRAs.
Example: Let us assume that a scheme has aninvestment of Rs.10 crore in an instrument that paysinterest linked to NSE Mibor. Since the NSE Miborwould vary daily, the scheme is running interest rate riskon its investment and would stand to lose if rates godown. To hedge itself against this risk, the Scheme coulddo an IRS where it receives a fixed rate (assume 10%) forthe next 5 days on the notional amount of Rs. 10 croreand pay a floating rate (NSE Mibor). In doing this, thescheme would effectively lock itself into a fixed rate of10% for the next five days. The steps would be:
1. The scheme enters into an IRS on Rs. 10 crore fromDecember 1, 2001 to December 6, 2001. It receives afixed rate of interest at 10% and the counter partyreceives the floating rate (NSE Mibor). The schemeand the counter party exchange a contract of havingentered into this IRS.
2. On a daily basis, the NSE Mibor will be tracked bythe counterparties to determine the floating ratepayable by the scheme.
3. On December 6, 2001, the counterparties willcalculate the following:
• The scheme will receive interest on Rs. 10 crore at10% p.a. for 5 days i.e. Rs.1,36,986/-
• The scheme will pay the compounded NSE Miborfor 5 days by converting its floating rate asset into afixed rate through the IRS.
• If the total interest on the compounded NSE Miborrate is lower than Rs. 1,36,986/-, the scheme willreceive the difference from the counterparty andvice-versa. In case the interest on compounded NSEMibor is higher, the scheme would make a lowerreturn than what it would have made had it notundertaken IRS.
As is clear from the above examples, engaging inderivatives has the potential to help the scheme inminimising the portfolio risk and/or improve the overallportfolio returns.
Please note these examples are hypothetical in natureand are given for illustration purposes only. The actualreturns may vary depending on the market conditions.
The AMC retains the right to enter into such derivativetransactions as may be permitted by the applicableregulations from time to time.
SECURITIES LENDING
If permitted by SEBI under extantregulations/guidelines, the Scheme may also engage inscrip lending as provided under Securities Lendingscheme 1997, and other applicableguidelines/regulations. Scrip lending means lending asecurity to another person or entity for a fixed period oftime, at a negotiated compensation. The security lentwill be returned by the borrower on expiry of thestipulated period.
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The AMC will comply with the required reportingobligations and the Trustee will carry out the reviewsrequired under SEBI/RBI guidelines. Further amaximum of 40% of net assets will be deployed insecurities lending and the maximum single partyexposure will be restricted to 10% of net assetsoutstanding at any point of time.
Engaging in scrip lending is subject to risks related tofluctuations in the collateral value / settlement /liquidity / counter party.
SHORT SELLING OF SECURITIES
If permitted by SEBI Regulations, the Scheme may engagein short selling of securities in accordance with theguidelines issued by SEBI. Short sale of securities meansselling of securities without owning them. The AMC willcomply with the guidelines issued by SEBI in this behalf,including reporting obligations and the Trustee will carryout the reviews required under said guidelines.
Engaging in short sale of securities is subject to risksrelated to fluctuations in market price, and settlement/liquidity risks.
INVESTMENT IN FOREIGN SECURITIES
The Schemes may invest in permitted Foreign Securitiesand any other overseas instruments as may be permittedby SEBI/RBI/other regulatory authorities from time totime.
SEBI vide its circular dated September 26, 2007 hasissued guidelines pertaining to investments in overseasfinancial assets. Accordingly the investments in ForeignSecurities shall be made in compliance with the saidcircular.
The Fund has appointed a dedicated fund manager forthe purpose of investment in overseas financial assets(except for investment in units/securities of overseasmutual funds/unit trusts/ETFs and such othersecurities/instruments as may be permitted by SEBIfrom time to time) as prescribed in the aforesaid SEBIcircular. Service of custodian and otherintermediaries/advisors of international repute will beused for managing and administering such investments.The appointment of such intermediaries shall be inaccordance with the applicable requirements of SEBI
and within the permissible ceilings of expenses. The feesand expenses would include, besides the investmentsmanagement fees, custody fees and costs, fees ofappointed advisors and sub-managers, transaction costsand overseas regulatory costs.
Offshore investment will be made subject to any/ allapprovals/conditions thereof as may be stipulated bySEBI/ RBI/ other regulatory authorities. Boards of assetmanagement companies (AMCs) and trustees shallexercise due diligence in making investment decisionsas required under Regulation 25(2). They shall make adetailed analysis of risks and returns of investment inforeign securities and how these investments would bein the interest of investors. Investment must be made inliquid actively traded securities/instruments and suchother types of securities/instruments as may bepermitted by SEBI from time to time. Boards of AMCsand trustees may prescribe detailed parameters formaking such investments, which may includeidentification of countries, country rating, countrylimits, etc. They shall satisfy themselves that the AMChas experienced key personnel, research facilities andinfrastructure for making such investments. Otherspecialised agencies and service providers associatedwith such investments e.g. custodian, bank, advisors,etc should also have adequate expertise andinfrastructure facilities. Their past track record ofperformance and regulatory compliance record, if theyare registered with foreign regulators, may also beconsidered. Necessary agreements may be entered intowith them as considered necessary. All investmentdecisions shall be recorded in accordance with SEBIcircular dated July 27, 2000. Such investments shall bedisclosed while disclosing half-yearly portfolios in theprescribed format by making a separate heading"Foreign Securities/overseas ETFs." Scheme-wisepercentage of investments made in such securities shallbe disclosed while publishing half-yearly results in theprescribed format, as a footnote.
It is the investment manager's belief that overseassecurities offer new investment and portfoliodiversification opportunities into multi-market andmulti-currency products. However, such investmentsalso entail additional risks.
Investment in derivatives traded on recognised stockexchanges overseas shall be made only for hedging andportfolio balancing with underlying as securities. Thescheme shall not invest in foreign securitised debts.
E. INVESTMENT STRATEGY
FBIF is an open-end equity fund which seeks to achievecapital appreciation through investments in companiesengaged either directly or indirectly in infrastructure-related activities. Broadly defined, infrastructure-relatedactivities include development, operations,management and maintenance of various infrastructuressuch as Transportation, Energy, Resources,Communication and other infrastructure. Primarily, thescheme would invest in companies within the followingareas/sectors of the economy:
• Airports & related services
• Banking & other related financial services
• Cement & cement products
• Communication materials and equipments
• Construction, construction materials & equipments
• Dams
• Electrical & electronic equipments, components &products
• Energy including Coal, Oil & Gas, Power,Petroleum, Pipelines
• Engineering
• Industrial and Capital goods / products
• Irrigation, Water Supply projects, WaterManagement Services
• Transportation, Logistics, warehouse, cold storage
• Metals and Minerals
• Mining
• Ports
• Power generation, distribution & transmission andPower equipments & products
• Road, Bridges, Railways, Civil Aviation and InlandWaterways
• Docks, shipping, Ship building & repairs
• Telecommunication – basic & cellular services andtower, radio, satellite and other wirelesscommunication, cable & Fibre networking,
equipment manufactures, internet and broadbandservices etc.
• Water treatment, Sanitation, Sewerage Systems,Solid Waste management
• Infrastructure including industrial, software/IT,housing & commercial infrastructure, healthcare,education, social infrastructure - recreational parks,hospitality etc.
The fund will follow a bottom-up approach to stock-picking and choose the best companies acrosssectors.
The above list is only indicative and the Fund Managerwill have the discretion to invest in any or all thosesectors / areas which are either directly or indirectlyrelated to the infrastructure growth / development of theIndian economy.
F. FUNDAMENTAL ATTRIBUTES
Please note that the following are the fundamentalattributes of the respective scheme:
• Type of scheme – Open-end Equity scheme.
• Investment objective – The Scheme seeks to achievecapital appreciation through investments incompanies engaged either directly or indirectly ininfrastructure-related activities.
• Investment pattern, minimum and maximum assetallocation. - Please refer to the section "AssetAllocation Pattern". The fund retains the option toalter the asset allocation on a short-term basis inthe interest of unitholders on defensiveconsiderations.
• Liquidity provisions such as repurchase or redemption– Please refer to the section ‘Units and Offer’.
• Aggregate fees and expenses charged to the scheme- Please refer to the section ‘Fees and Expenses ofthe Scheme’.
• Any Safety Net of Guarantee provided – None.
In accordance with Regulation 18(15A), the Trusteeshall ensure that no change in the fundamentalattributes of any scheme or the trust or fees andexpenses payable or any other change which wouldmodify the scheme and affects the interest ofunitholders, shall be carried out unless, -
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i a written communication about the proposed change
is sent to each Unitholder and an advertisement is
given in one English daily newspaper having nation
wide circulation as well as a newspaper published in
the language of the region where the head office of
the mutual fund is situated; and
ii the unitholders are given an option for a period of
30 days to exit at the prevailing Net Asset Value
without any exit load.
G. BENCHMARK
The Mutual Fund has identified ‘S&P CNX 500’ as thebenchmark for the scheme.
The fund invests in various sectors such asinfrastructure, resources, financial services, socialdevelopment & agricultural and across market capranges, hence S&P CNX 500 is the ideal benchmark.
The AMC / Trustee reserve the right to change / modifythe benchmark by issuing an addendum.
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H. WHO MANAGES THE SCHEME
The Fund Managers for the Scheme are Mr. Anand Radhakrishnan and Ms. Roshi Jain (dedicated for investments in ForeignSecurities). Their details are as follows:
Name Age Qualifications Functions & Experience(years)
Anand Radhakrishnan 40 CFA, PGDM (IIM) Vice President and Portfolio Manager (based at Chennai)Total Experience B.Tech. Responsible for Investments and Fund Management 14 years (since 2006). Manages FIBCF, FIF, FIT, FPF and equity
portions of FTIBF, TIPP, TICAP, TMIP, FTIMIP, FTFTFseries, FTCSF & FTCPOF. He is also a co-fund managerfor FIPP & FIHGCF.He was also responsible for equity research (till Jan 2008). Prior assignments:
• Fund Manager for the Portfolio Management Services ofthe AMC (2004-2006).
• Sundaram Asset Management Ltd. (1996-2004) - FundManager.
• Deputy Manager, SBI Funds Management Ltd. (1994-1996). Portfolio Manager of Asian Convertible andIncome Fund
Roshi Jain 31 CFA, PGDM, ACA Vice President (based at Chennai)Total Experience: 9 years She is responsible for investments in Foreign Securities for
Franklin Equity Team (since August 2008). Alsoundertakes equity research for identifying investmentopportunities in capital goods, retail, textiles &transportation sector (since May 2005)Prior assignment:
• Goldman Sachs, London (2004–2005). Involved in equityresearch, researched European building material stocks.
• Goldman Sachs, Singapore / HK (2002–2004). Involvedin equity research, researched Asian retail stocks
• Wipro Ltd. (1999–2000), undertook internal audit ofprocesses & transactions
• S. R. Batliboi & Co. (1999), undertook Statutory auditof corporates.
I. INVESTMENT RESTRICTIONS
In pursuance of the Regulations, the followingrestrictions are currently applicable to the scheme:
1. Investment in securities from the scheme’s corpuswould be only in transferable securities inaccordance with Regulation 43 of Chapter VI ofSEBI [Mutual Funds] Regulations, 1996.
2. The Scheme shall buy and sell securities on the basisof deliveries and shall in all cases of purchases, takedelivery of relevant securities and in all cases of sale,deliver the securities; provided that the Scheme mayengage in short selling of securities in accordancewith the framework relating to short selling andsecurities lending and borrowing specified by SEBI;provided further that the Scheme may enter intoderivatives transactions in a recognised stockexchange, subject to the framework specified bySEBI; provided further that sale of governmentsecurity already contracted for purchase shall bepermitted in accordance with the guidelines issuedby the Reserve Bank of India in this regard.
3. The Mutual Fund shall, get the securities purchasedor transferred in the name of the mutual fund onaccount of the concerned scheme, whereverinvestments are intended to be of long term nature.
4. No investment shall be made in any Fund of Fundsscheme.
5. The mutual fund shall not advance any loans for anypurpose.
6. The Scheme may invest in any other schemewithout charging any fees, provided that aggregateinterscheme investment made by all schemes underthe management of Franklin Templeton AssetManagement (India) Private Limited or in schemesunder the management of any other AMC shall notexceed 5% of the net asset value of the mutual fund.
7. Franklin Templeton Mutual Fund, under all itsschemes shall not own more than 10% of anycompany’s voting rights.
8. The scheme can invest a maximum of 5% of the netassets in unlisted equity and equity relatedinstruments. The exit route in such cases is usuallythrough an offer to the public at a later date.
9. The scheme shall not invest more than 10% of itsnet assets in the equity or equity related instrumentsof any company.
10. The Scheme shall not invest more than 15% of itsNAV in debt instruments issued by a single issuer,which are rated not below investment grade by acredit rating agency authorised to carry out suchactivity under the SEBI Act, 1992. Such investmentlimit may be extended to 20% of the NAV with priorapproval of the Trustees and Board of the AMC,provided that such limit shall not be applicable forinvestment in government securities. Further,investment within such limit can be made inmortgage backed securitised debt which are ratednot below investment grade by a credit ratingagency registered with SEBI.
11. No mutual fund scheme shall invest more than 30%of its net assets in money market instruments of anissuer; provided that such limit shall not beapplicable for investments in Governmentsecurities, treasury bills and collateralizedborrowing and lending obligations.
12. The scheme shall not invest more than 10% of itsNAV in unrated debt instruments issued by a singleissuer and the total investment in such instrumentsshall not exceed 25% of the NAV of the scheme. Allsuch investment shall be made with the priorapproval of the Trustee and the Board of the AMC.
13. Debentures, irrespective of any residual maturityperiod (above or below one year), shall attract theinvestment restrictions as applicable for debtinstruments as specified under Clause 1 and 1A ofSeventh Schedule to SEBI Regulations.
14. In terms of SEBI Circulars dated September 26, 2007each mutual fund is currently permitted to invest upto US$300 million irrespective of the size of theassets. The ceiling for investment in overseas ETFsthat invest in securities is US$ 50 million per mutualfund.
Currently, the mutual funds can invest inADRs/GDRs issued by Indian or foreign companies,equity of overseas companies listed on recognisedstock exchanges overseas, Initial and follow onpublic offerings for listing at recognized stock
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exchanges overseas, foreign debt securities in thecountries with fully convertible currencies, shortterm as well as long term debt instruments withrating not below investment grade byaccredited/registered credit rating agencies, Moneymarket instruments rated not below investmentgrade, Repos in the form of investment, where thecounterparty is rated not below investment grade(repos should not however, involve any borrowingof funds by mutual funds), Government securitieswhere the countries are rated not below investmentgrade, Derivatives traded on recognized stockexchanges overseas only for hedging and portfoliobalancing with underlying as securities, Short termdeposits with banks overseas where the issuer israted not below investment grade and OverseasExchange Traded Funds (ETFs) that invest insecurities. The mutual funds can also invest in theunits/securities issued by overseas mutual funds orunit trusts registered with overseas regulators andinvesting in (a) aforesaid securities, (b) Real EstateInvestment Trusts (REITs) listed in recognized stockexchanges overseas or (c) unlisted overseassecurities (not exceeding 10% of their net assets).The restriction on the investments in mutual fundunits up to 5% of net assets and prohibition oncharging of fees shall not be applicable toinvestments in mutual funds in foreign countriesmade in accordance with SEBI Guidelines. However,the management fees and other expenses charged bythe mutual fund in foreign countries along with themanagement fee and recurring expenses charged tothe domestic mutual fund scheme shall not exceedthe total limits on expenses as prescribed underRegulation 52(6). Where the scheme is investingonly a part of the net assets in the foreign mutualfund(s), the same principle shall be applicable forthat part of investment.
15. Transfers of investments from one FranklinTempleton Mutual Fund scheme to another will bedone as follows:
- such transfers will be done at the prevailingmarket price for quoted instruments on spotbasis.
- the securities so transferred shall be in
conformity with the investment objective of thescheme to which such transfer has been made.
16. No investment shall be made in
- any unlisted security of an associate or groupcompany of the sponsor; or
- any security issued by way of private placementby an associate or group company of thesponsor; or
- the listed securities of group companies of thesponsor which is in excess of 25% of the netassets.
17. Pending deployment of funds in securities in termsof investment objectives of the Scheme, the MutualFund can invest the funds of the scheme in shortterm deposits of scheduled commercial banks in linewith SEBI Circular dated April 16, 2007.
18. The scheme may consider investment in otherfinancial market investments as per guidelinesissued by the Central Government/SEBI/RBI fromtime to time.
The AMC/Trustee may alter these investmentrestrictions from time to time to the extent SEBIregulations/applicable rules change/permit so as toachieve the investment objective of the scheme. Suchalterations will be made in conformity with SEBIregulations.
The investment restrictions specified as a percentage ofnet assets will be computed at the time of making theinvestment and it is clarified that changes need not beeffected, merely by reason of appreciation ordepreciation in value or by reason of factors beyond thecontrol of the scheme (such as receipt of any corporateor capital benefits or amalgamations). In case the limitsare exceeded due to reasons beyond its control, theAMC shall adopt necessary measures of prudence toreset the situation having regard to the interest of theinvestors.
J. HOW HAS THE SCHEME PERFORMED
This scheme is a new scheme and does not have anyperformance track record.
PORTFOLIO TURNOVER
Portfolio turnover is defined as lesser of purchases and
sales as a percentage of the average corpus of theScheme during a specified period of time. Portfolioturnover in the scheme will be a function of marketopportunities. The scheme is an open-end scheme. It isexpected that there would be a number ofsubscriptions and repurchases on a daily basis.Consequently it is difficult to estimate with anyreasonable measure of accuracy, the likely turnover inthe portfolio. The AMC will endeavour to optimiseportfolio turnover to optimise risk adjusted returnkeeping in mind the cost associated with it. A highportfolio turnover rate is not necessarily a drag onportfolio performance and may be representative ofarbitrage opportunities that exist for securities held inthe portfolio rather than an indication of change inAMC’s view on a security etc. However, the AMC willtake advantage of the opportunities that presentthemselves from time to time because of theinefficiencies in the securities markets.
INVESTMENT BY AMC IN THE SCHEME
Franklin Templeton Asset Management (India) PrivateLimited, the asset management company may invest inthe Scheme. However, as per SEBI (Mutual Funds)Regulations, 1996, Franklin Templeton AssetManagement (India) Private Limited will not charge anyInvestment Management Fee for its investment in theScheme. In addition, the funds managed by thesponsors, Franklin Templeton Group may invest in theScheme.
UNITS AND OFFER
The face value of the Units is Rs.10 each.
PLAN AND OPTIONS
The schemes offer choice of Growth Plan and DividendPlan. Dividend Plan further offer choice ofReinvestment Option and Payout Option.
Growth Plan
Under the Growth Plan, the returns to investors will beavailable in the form of capital appreciation. There willbe no dividend declaration under this option. Insteadthe growth in NAV will reflect the appreciation of thevalue of investment.
Dividend Plan
Under the Dividend Option, it is proposed to distributethe returns to the investors in the form of dividends outof distributable surplus. The AMC/Trustee may, at theirdiscretion, approve the distribution of dividends out ofdistributable surplus to unit holders in the DividendOption whose names appear in the Register of Unitholders on the record date. Investors have the option ofreinvesting the dividend (Dividend Reinvestment) orreceiving cash payouts (Dividend Payout).
Dividend Payout Option:
A Unitholder opting for the Dividend Plan may chooseto receive cash payouts of the dividend amount. Pleasenote that where the Unitholder has opted for DividendPayout option and in case the amount of dividendpayable to the Unitholder is Rs.20/- or less, the samewill be compulsorily reinvested in the Scheme.
Dividend Reinvestment Option:
A Unitholder opting for the Dividend Plan may chooseto reinvest the dividend to be received in additionalunits of the scheme. The dividend due and payable tothe unit holder will be automatically reinvested at theNAV of the immediately following Business Day. Thedividend so reinvested shall be construed as payment ofdividends to the unit holder and construed as receipt ofthe same amount from each unit holder forreinvestment in units.
On reinvestment of dividends, the number of units tothe credit of unit holder will increase to the extent of thedividend reinvested divided by the NAV applicable onthe day of reinvestment, as explained above.
DEFAULT PLAN/OPTION
The investors must clearly indicate the Plan and Option(Growth or Dividend / Reinvestment or Payout) in therelevant space provided for in the Application Form. Inthe absence of such instruction, it will be assumed thatthe investor has opted for the Default Option, which isDividend Reinvestment.
The Trustee / AMC reserve the right to alter / vary thedefault plan / option, after giving notice.
DIVIDEND POLICY
The Trustee may declare dividends in the scheme at any
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time and at such frequency (such as daily, weekly,monthly, quarterly, half-yearly, annually etc.) as it deemsappropriate though there is no assurance or guarantee tothe Unitholders as to the rate of dividend distributionnor that the dividend will be regularly paid. Distributionof dividend is subject to availability and adequacy ofdistributable surplus. The Trustees may declaredividends at any periodicity as it deems fit to theUnitholders in the Dividend Plan, whose names appearon the Unitholders’ register on the record date.
The scheme reserves the right to suspend sale of unitsfor such period of time as it deems necessary before therecord date to ensure proper processing.
Dividends will be distributed within 30 days of thedeclaration of the dividends and payments will be sentto the unit holder’s registered name and bank accountnumber (if provided).
Dividends will be paid net of taxes as may beapplicable, and payments will be in favour of theUnitholder’s registered name or, if there is more thanone registered holder, of the first-named registeredholder on the original Application Form. To safeguardthe interest of Unitholders from loss or theft ofdividend cheques, investors are encouraged to providethe details of their bank account in the ApplicationForm. Dividend instrument will be sent in accordancewith such information. The Trustee may not declare adividend at all in the event of inadequacy ofdistributable income. There is no assurance orguarantee to Unitholders as to the periodicity ofdividend; rate of dividends distribution nor thatdividend will be regularly paid. Dividend so declaredmay be reinvested in the Schemes at the first ex-dividend NAV. The dividends so reinvested shall beconstructive payment of dividends to the Unitholdersand constructive receipt of the same amount from eachUnitholder for reinvestment in Units.
Record dates for declaration of dividend
The procedure of declaring dividend and fixing ofrecord dates will be in accordance with SEBI circulardated April 4, 2006. In terms of the circular, the publicnotice for dividend and record date will not be necessarywhere the frequency of the dividend is from daily up tomonthly.
Who Can Invest
The scheme units can be purchased by the followingentities (subject to the applicable legislation/regulationgoverning such entities):
1. Adult individuals, either singly or jointly (notexceeding three), resident in India.
2. Parents/Guardian on behalf of minors.
3. Companies/ Domestic Corporate Bodies/ PublicSector Undertakings registered in India.
4. Charitable, Religious or other Trusts authorised toinvest in units of mutual funds.
5. Banks, Financial Institutions and InvestmentInstitutions.
6. Non-Resident Indians, Persons of Indian Originresiding abroad (NRIs) on full repatriation basis andon non-repatriation basis but not United StatesPersons within the meaning of Regulation(S) underthe United States Securities Act of 1933, as amendedfrom time to time.
7. Foreign institutional investors and their subaccounts on full repatriation basis (subject to RBIapproval).
8. Hindu Undivided Family (HUF).
9. Wakf Boards or Endowments / Societies / Co-operative societies / Association of Persons or Bodyof individuals (whether incorporated or not), Trustsand clubs authorised to invest in units of mutualfunds.
10. Sole Proprietorship, Partnership Firms.
11. An association of persons or body of individualswhether incorporated or not.
12. Army/Air Force/Navy/Para-military funds and othereligible institutions.
13. Scientific and/or industrial research organizations.
14. Other Associations, Institutions, Bodies etc.authorized to invest in the units of mutual funds.
15. Such other individuals/institutions/body corporateetc., as may be decided by the AMC from time totime, so long as wherever applicable they are inconformity with SEBI Regulations.
16. Mutual fund Schemes can also invest in the Scheme,
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subject to SEBI Regulations applicable from time totime.
In view of the individual nature of implications, theinvestors are advised to consult their own advisors toascertain if they are eligible to invest in the scheme asper the laws applicable to them and whether thescheme is suitable for there risk profile.
AVAILABILITY OF FORMS
Key Information Memorandum / Application Forms andcopies of this Scheme Information Document areavailable from the Investor Service Centres at theirrespective locations set forth in the Application Form oron the reverse of this Scheme Information Document, inaddition to the Head Officer of the Mutual Fund.Application Forms are also available with the approvedintermediaries of the Mutual Fund as well as on thewebsite of the mutual fundwww.franklintempletonindia.com
MANDATORY INFORMATION
As per the directives issued by SEBI, it is mandatoryfor applicants to mention their bank account numbersin their applications and therefore, investors arerequested to fill-up the appropriate box in theapplication form failing which applications are liableto be rejected.
It is mandatory for all investors (including jointholders, NRIs, POA holders and guardians in the caseof minors) to furnish such documents and informationas may be required to comply with the Know YourCustomers (KYC) policies under the AML Laws.Applications without such documents and informationmay be rejected.
In terms of SEBI circular dated April 27, 2007 readwith SEBI letter dated June 25, 2007, PermanentAccount Number (PAN) would be the soleidentification number for all participants transacting inthe securities market, irrespective of the amount oftransaction. Thus, submission of PAN is mandatory forall existing as well as prospective investors (including alljoint applicants/holders, guardians in case of minors andNRIs) for investing with mutual funds from this date.Investors are required to register their PAN with theMutual Fund by providing the PAN card copy (along
with the original for verification which will be returnedacross the counter). All investments without PAN (for allholders, including Guardians) are liable to be rejected.
All investments in Franklin Templeton Mutual Fundneed to comply with the PAN and KYC requirements asnoted above.
Fractional Units
Investors may have Account Statements that show anissuance of fractional Units. Fractional Units will becomputed and accounted for up to three decimal placesusing standard rounding criteria. Fractional Units in noway will affect an investor’s ability to redeem Units.
LISTING
Being an open-end scheme, the units of the scheme willnot be listed at any stock exchange. However, subject tothe Regulations, the Trustee may decide to list the unitsof the scheme on any recognised stock exchange.
A. NEW FUND OFFER (NFO)
This is the period during which a new scheme sells itsunits to the investors. The New Fund Offer (NFO) isopen for subscription as follows:
NFO opens on July 10, 2009
NFO closes on August 08, 2009
The AMC retains a right to extend the NFO ClosingDate subject to the condition that the NFO shall not bekept open for more than 30 days. The AMC also reservethe right to close the subscription list earlier by giving atleast one day’s prior notice in one English dailynewspaper having nation wide circulation as well as anewspaper published in the language of the regionwhere the head office of the mutual fund is situated.
NFO Price
This is the price per unit that the investors have to payto invest during the NFO. All purchases during the NFOwill be at Rs.10/- per Unit plus applicable load.
Minimum Application Amount
Rs.5,000/- and any additional amount in multiple of Re.1/- thereafter.
Minimum and Maximum Target Amount
This is the minimum amount required to operate thescheme and if this is not collected during the NFO
period, then all the investors would be refunded theamount invested without any return.
The Scheme seeks to collect Rs.1 crore as the minimumsubscription and would retain any excess subscriptioncollected.
If the Scheme does not collect the minimumsubscription during the New Fund Offer, refund willbe made within 6 weeks of the date of closure of theNFO. However, if AMC fails to refund the amountwithin 6 weeks, interest as specified by SEBI(currently 15% p.a.) will be paid to the investors fromthe expiry of six weeks from the date of closure of thesubscription period.
Where can you submit the filled up Application Form
During the NFO, investors can submit the ApplicationForm at the designated branches of the CollectingBankers. A list and the addresses of the collectingBankers is given at the end of this Scheme InformationDocument.
How to apply
During the NFO, investors can subscribe to the units ofthe Scheme by completing the Application Form anddelivering it along with full payment at the designatedbranches of the Collecting Bankers.
Please refer to the SAI and the Key InformationMemorandum / Application Form for theinstructions.
Allotment of Units / Refund
Full allotment will be made to all valid applicationsreceived during the New Fund Offer (NFO). Allotmentof Units on Application shall be made in the followingmanner:
a) An Account Statement containing the number ofUnits allotted will be issued within 30 days from theDate of Allotment.
b) Refund of subscription money to applicants, in caseapplications are invalid or rejected will be madewithin six weeks from the date of closure of theNFO without any return. No interest will be payableon any subscription money so refunded within sixweeks. If the Mutual Fund refunds the amount aftersix weeks, interest at the rate as may be prescribedby SEBI (presently 15% p.a.) shall be paid out of the
assets of the AMC for the period thereafter. Refundorders will be marked "A/c Payee only" and drawnin the name of the applicant in the case of a soleapplicant and in the name of the first applicant in allother cases.
The allotment of units is subject to realisation of thepayment instrument. Units purchased can beredeemed only after realisation of paymentinstrument.
The Trustee is entitled, in its sole and absolutediscretion, to reject any Application.
B. ONGOING OFFER DETAILS
The Scheme re-opens for continuous purchase andredemption day on September 07, 2009 and isperpetually open thereafter for subscription &redemption on an ongoing basis with announcements ofNAV for every Business Day, except during the periodwhen there is a book closure.
The AMC also reserves the right to extend the reopeningdate but not later than 30 days from the closure of theNFO.
Upon reopening, the Units can be purchased andredeemed at the Applicable NAV, subject to applicableload.
The Trustee also reserves its right to limit theredemptions as laid down under the section 'Right toLimit Redemptions'.
Where can you submit the filled up Application Form
For on-going subscriptions upon reopening, investorscan purchase Units of the Scheme by completing theApplication Form and delivering it along with fullpayment at any of the Franklin Templeton BranchOffices [Investor Service Centre (ISC)] / CollectionCentres or may be routed through an AMFI registeredAgent/distributor/broker.
A list and the addresses of the ISCs and CollectionCentres is given at the end of this Scheme InformationDocument.
How to apply
Investors can subscribe for the Units of the Scheme bycompleting the Application Form and delivering it atany Investor Service Centre or Collection Centre.
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Please refer to the SAI and the Key InformationMemorandum / Application Form for the instructions.
Minimum Application Amount
Fresh purchase by new applicant: Rs.5,000/- and anyamount thereafter in multiple of Re.1/-
Additional purchases by existing unitholders: Rs.1,000and any amount thereafter in multiple of Re.1/-
There is no upper limit on the investment amount. TheTrustee reserves the right to vary these limits from timeto time, in the interest of investors.
Sale Price for ongoing purchases
For on-going subscriptions, sale price is calculatedbased on the "Applicable NAV" and will additionallyinclude the permissible load in terms of the SEBICircular no. MFD/CIR/08/514/2002 dated July 22, 2002(computed in the manner described hereunder)depending on the amount invested, as explained underthe section ‘Fees and Expenses’.
All the applications will be processed at the ApplicableNAV, subject to applicable load, based on the date andtime of their receipt at the ISC / Collection Centre, asevidenced by the electronic date / time stamp affixed atthe ISC or Collection Centre.
The sales load shall be charged as a percentage of NetAssets Value (NAV) i.e. applicable load as a percentageof NAV will be added to NAV to calculate the sale price.
To further elaborate, the sale price is calculated bymultiplying the "Applicable NAV" by (1 + Sales Load).The sale price will be calculated to four decimals usingstandard rounding criteria. For example, if theApplicable NAV for Subscription (rounded) isRs.12.3254 and the sales load applied is 3%, the SalePrice will be calculated as follows:
Sale Price = Applicable NAV for Subscription* (1+ Sales Load)
= 12.3254 * (1+0.03)
= Rs.12.695162
Rounded off to Rs.12.6952
Amount of investment = Rs.10,000/-
The number of units allotted = Rs.10,000 / 12.6952
= 787.699 (rounded off)
CUT OFF TIMING FOR SUBSCRIPTIONS
Pursuant to SEBI Circulars Ref. no. SEBI/IMD/CIRNo.11/78450/06 dated October 11, 2006 andSEBI/IMD/CIR No.11/142521/08 dated October 24,2008, the cut off timings and the applicability of NetAsset Value of the scheme is under:
In respect of valid applications received up to 3.00p.m. by the Mutual Fund along with a local chequeor a demand draft payable at par at the place wherethe application is received, the closing NAV of theday on which application is received shall beapplicable.
In respect of valid applications received after 3.00 p.m.by the Mutual Fund along with a local cheque or ademand draft payable at par at the place where theapplication is received, the closing NAV of the nextbusiness day shall be applicable.
However, in respect of valid applications with outstationcheques / demand drafts not payable at par at the placewhere the application is received, closing NAV of theday on which cheque / demand draft is credited to theaccount of Franklin Templeton Mutual Fund shall beapplicable.
The Trustee/AMC may alter the limits and otherconditions in line with the SEBI Regulations.
As per SEBI Circular SEBI/IMD/CIR No.11/78450/06dated October 11, 2006, FTMF hereby declare all itsbranch offices [Investor Service Centres (ISC)], thedesignated branch offices of Karvy ComputersharePrivate Limited (Karvy) and Computer AgeManagement Services Private Limited (CAMS) (termedas Collection Centres) and FTMF’s website(www.franklintempletonindia.com) as the OfficialPoints of Acceptance of Transactions. The "cut off time"mentioned in the Scheme Information Document shallbe reckoned at these official points. All transaction(purchase/redemption/switch) applications must bedemonstrably received by the Mutual Fund at these"Official Points of Acceptance of Transactions".
Allotment of Units / Refund
Full allotment will be made to all valid applicationsreceived during continuous offer period. Refund ofsubscription money will be made to applicants without
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any return, in case applications are invalid or arerejected. An Account Statement containing the numberof Units allotted will be issued within 10 working daysfrom the date of allotment.
The allotment of units is subject to realisation of thepayment instrument. Units purchased can be redeemedonly after realisation of payment instruments.
The Trustee is entitled, in its sole and absolutediscretion, to reject any Application.
How to Redeem Units
In order to redeem units, investors must submit aredemption request by filling-up the pre-printed formsand submit / mail the same to any Investor ServiceCentre (ISC) / Collection Centre. All redemptionrequest forms must contain the investor’s Folio /Account Number and be duly signed.
Redemption requests by telephone, telegram, fax orother means or that lack valid signatures may not beaccepted.
The Fund, however, may limit the right to makeredemptions. See "Right to Limit Redemptions" below.
Minimum redemption amount
Rs.1,000 and any amount in multiple of Re. 1/-thereafter.
The Trustee reserves the right to vary these limits fromtime to time, in the interest of investors.
Unitholder may request the redemption of a certainspecified Rupee amount or of a certain number of Units.If a redemption request is for both a specified Rupeeamount and a specified number of Units, the specifiednumber of Units will be considered the definitiverequest. In the case where a Rupee amount is specifiedor deemed to be specified for redemption, the number ofUnits redeemed will be the amount redeemed divided bythe applicable NAV. Redemption requests will behonoured to the extent permitted by the credit balancein the Unitholder’s account. The number of Units soredeemed will be subtracted from the Unitholder’saccount and a statement to this effect will be issued tothe Unitholder. If the redemption request exceeds theBalance in the account then the account would beclosed and balance sent to the investors. To pay theinvestor the redemption amount requested for (in
Rupees), Franklin Templeton will redeem that manyunits as would give the investor the net redemptionamount requested for, after deducting exit load asapplicable from time to time.
Redemption Price
A valid redemption request received on any BusinessDay will be processed at the "Applicable NAV", subjectto applicable load.
All the applications will be processed at the ApplicableNAV, subject to applicable load, based on the date andtime of their receipt at the ISC, as evidenced by theelectronic date / time stamp affixed at the ISC.
The repurchase / exit load shall be charged as apercentage of Net Assets Value (NAV) i.e. applicableload as a percentage of NAV will be deducted from theNAV to calculate repurchase price. Further, SecuritiesTransaction Tax (STT), as applicable, will be deductedtherefrom.
To further elaborate, the redemption price is calculatedby multiplying the "Applicable NAV for Redemption" by(1 – Exit Load) and deducting therefrom the STT, asapplicable. The redemption price will be calculated tofour decimals using standard rounding criteria. Forexample, if the "Applicable NAV for Redemption"(rounded) is Rs.12.3269 and the exit load applied is0.5% and the STT applicable is 0.25%, the redemptionprice will be calculated as follows:
Redemption Price = [Applicable NAV for Redemption * (1- Exit Load)] – STT
= [12.3269 * (1-0.005)] – STT
= [Rs.12.26526550] - STT
= [Rounded off to Rs.12.2653] – STT
Calculation of STT:
In case the investor asks for the redemption in terms ofno. of units (or for all units outstanding in his account),the computation of STT would be {[Unit * (NAV lessExit Load, if any)] * STT rate}
If the investor asks for a Rupee amount as redemption,the STT would be calculated as [(Rupee amount lessexit Load, if any) / (1 – STT rate) – Rupee amount lessExit load, if any]
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Example:
Unit Amount
Redemption Redemption
No. of units 10,000 -
Amount - 1,00,000
NAV (rounded) 12.3269 12.3269
Exit load 0.5% 0.5%
STT 0.25% 0.25%
Outstanding units 50,000 40,000
Unit redemption STT on NAV at redemption price:
Price : 12.2653
Amount : 1,22,653.00
STT : 306.63
STT rounded up to Rupee : 307
Net amount to investors : 1,22,346.00
Balance units : 40,000
Unit redemption STT on NAV at redemption price:
Price : 12.2653
Gross Amount with STT : 1,00,250.63
STT : 250.63
STT rounded up to Rupee : 251
No. of units : 8,173.516
Balance units : 31,826.484
CUT OFF TIMING FOR REDEMPTIONS
Pursuant to SEBI Circulars Ref. no. SEBI/IMD/CIRNo.11/78450/06 dated October 11, 2006 andSEBI/IMD/CIR No.11/142521/08 dated October 24,2008, the cut off timings and the applicability of NetAsset Value of the scheme is under:
In respect of valid applications received up to 3.00 p.m.by the Mutual Fund, same day’s closing NAV shall beapplicable.
In respect of valid applications received after 3.00 p.m.by the Mutual Fund, the closing NAV of the nextbusiness day shall be applicable.
As per SEBI Circular SEBI/IMD/CIR No.11/78450/06dated October 11, 2006, FTMF hereby declare all itsbranch offices [Investor Service Centres (ISC)], thedesignated branch offices of Karvy Computershare
Private Limited (Karvy) and Computer AgeManagement Services Private Limited (CAMS) (termedas Collection Centres) and FTMF’s website(www.franklintempletonindia.com) as the OfficialPoints of Acceptance of Transactions. The "cut off time"mentioned in the Scheme Information Document shallbe reckoned at these official points. All transaction(purchase/redemption/switch) applications must bedemonstrably received by the Mutual Fund at these"Official Points of Acceptance of Transactions".
Minimum balance to be maintained and Right to closean investor’s account
The Mutual Fund may close out an investor’s accountwhenever, due to redemptions, the value of the accountfalls below Rs.1,000/- and the investor fails to purchasesufficient Units to bring the value of the Account up tothe minimum amount or more, after written notice issent by the Mutual Fund.
Right to limit redemptions
The Trustee may, in its sole discretion, in response tounforeseen circumstances or unusual marketconditions, limit the total number of Units which maybe redeemed on any Business day to 5% of the totalnumber of Units then in issue (or such higherpercentage as the Trustee may determine in anyparticular case). In addition, the Trustee reserves theright, in its sole discretion, to limit redemptions withrespect to any single account to an amount of Rs.1 crorein a single day.
Any Units which, by virtue of these limitations, arenot redeemed on a particular Business Day will becarried forward for redemption on the next followingBusiness Day in order of receipt. Redemptions carriedforward will be made at the NAV in effect on thesubsequent Business Day(s) on which the conditionfor redemption request is fulfilled. To the extentmultiple redemptions are being satisfied in a singleday under these circumstances, such payments will bemade pro-rata based on the size of each redemptionrequest. Under such circumstances, redemptioninstrument may be mailed out to investors within areasonable period of time and will not be subject tothe normal response time for redemption chequemailing.
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Suspension of sale or redemption of units
With the approval of the Boards of Directors of theTrustee and the Asset Management Company, the sale orredemption of Units may be suspended temporarily orindefinitely when any of the following conditions exist:
1. The equity / debt market stops functioning ortrading is restricted.
2. Periods of extreme volatility in the equity / debtmarket, which, in the opinion of the InvestmentManager, is prejudicial to the interest of theinvestors.
3. When there is a strike by the banking community ortrading is restricted by RBI or other authority.
4. Period of extreme volatility in the equity / debt /money market, which in the opinion of the AMCand/or Trustee is prejudicial to the interest of thescheme’s investors.
5. As and when directed by the Government of India orRBI or SEBI to do so or conditions relating to naturalcalamity/external aggression/internal disturbancesetc. arises, so as to cause volatile movements in themoney or debt market, which in the opinion of theAMC, will be prejudicial to the interest of theunitholders, if further trading in the scheme iscontinued.
6. Break down in the information processing/communication systems affecting the valuation ofinvestments/processing of sale/repurchase request.
7. Natural calamity.
8. SEBI, by order, so directs.
9. Any other circumstances which in the opinion of theAMC and/or Trustee is prejudicial to the interest ofthe existing/prospective investors.
The approval from the Boards of AMC / Trustee givingdetails of circumstances and justification for theproposed action shall also be informed to SEBI inadvance.
The Trustee also reserves the right in its sole discretionto withdraw sale of Units in the Scheme temporarily orindefinitely, if the Trustee views that increasing theScheme’s size further may prove detrimental to theexisting/prospective Unitholders of the Scheme.
SPECIAL PRODUCTS AVAILABLE
Exchanges / Switch
Investors can, subject to any applicable restriction (suchas lien/lock-in) exchange / switch investments from onescheme of Franklin Templeton Mutual Fund to another(e.g. Franklin India Bluechip Fund to Franklin BuildIndia Fund), and from one plan to another of the samescheme (i.e. from Dividend plan to Growth plan) at theapplicable NAV (subject to applicable load) provided that
a. there is no book closure in either of the schemes/plans.
b. the investment sought to be exchanged is not underany lock-in period and are free of anyencumbrances.
c. the amount sought to be exchanged is equal to orhigher than minimum investment amount requiredfor opening an account in the destinationscheme/plan.
For this purpose, the units of that scheme/plan will beredeemed at the applicable NAV (subject to applicableload) and the net proceeds shall be invested in thedestination scheme/plan at the applicable NAV (subjectto applicable load).
All the switches / exchanges will be treated asredemption in the source scheme and subscription inthe destination scheme, with the entry and exit load asmay be applicable. The switches of Units will beconsidered on First-in-First-Out (FIFO) basis.
The investors may please note the exchanges / switchesin the schemes shall be subject to the terms andconditions of the respective schemes, includingapplicable lock-in-periods.
In the event of book closure in any of the schemes, therelevant exchange will be effected on the working dayimmediately following the end of the book closure period.
For any application of switch-in from other FranklinTempleton Schemes into FBIF received on any dayduring the NFO, the application will be deemed to havebeen received on the last day of the NFO and will beprocessed accordingly. However, in case the last date ofthe NFO is a non-Business Day for the Source scheme,the application will be deemed to have been received on
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the last Business Day for the Source scheme immediatelypreceding the last date of the NFO and will be processedaccordingly. In case the Source Scheme is a closed-endscheme which offers limited redemption facility, whichis available only during the stipulated redemptionperiods, the switch application will be deemed to havebeen received on the last day of the relevant redemptionwindow and processed accordingly.
The Trustee/AMC reserves the right to alter/vary theterms of exchanges.
SYSTEMATIC INVESTMENT PLAN (SIP)
Mutual Fund Investors can benefit by investingspecified rupee amounts periodically for a continuousperiod. This concept is called Rupee Cost Averaging.This savings program allows investors to save a fixedamount of rupees every month by purchasing additionalunits of the Fund. Therefore, the average unit cost willalways be less than the average sale price per unitirrespective of the market being rising, falling orfluctuating.
By investing a fixed amount of Rupees at regularintervals, investors can take advantage of the benefits ofRupee Cost Averaging, at the same time, saving a fixedamount each month.
Highlights:
SIP during NFO:
• Franklin Templeton Mutual Fund will accept aminimum of 12 instalments each of Rs.1,000/- ormore from any SIP investor during the NFO.
• For such applications, the first instalment shall be bycheque and the cheque should be dated on or beforethe date of submission of the Application Form. Thepayment for the second and subsequent SIPinstalments shall be made only through ECS/DirectDebit or any other manner acceptable to the AMC.
• There shall be a gap of at least 60 days between thedate of closure of the NFO and the date of secondSIP instalment (i.e. the first instalment throughECS/Direct Debit).
• All the SIP instalments (except the first one) mustbe uniformly dated i.e. either the 1st, 7th, 10th, 20thor 25th of a month. The date of second instalment
should be a date falling after 60 days from the dateof NFO closure. All instalments should be for thesame amount.
• To effect the ECS/Direct debit, investors mustprovide a cancelled cheque or copy thereof for thesame account from which the ECS/Direct Debit is tobe done.
• Load: For the SIP registered during the NFO, theentry and exit load applicable to the first instalmentshall be the load as applicable for NFO purchase.For subsequent instalments, the entry and exit loadapplicable shall be the load as applicable for normalpurchases during ongoing sale [Normal purchasesare purchases at the minimum subscription amountspecified for each respective scheme, other thanpurchases through SIP, STP(in), DTP(in) orExchange/Switch(in)].
SIP during ongoing sales:
• Franklin Templeton Mutual Fund will accept aminimum of 12 cheques (‘cheques’ includeECS/Direct Debit instructions or any other mode ofpayment accepted by the AMC from time to time)each of Rs.500/- or more or a minimum of 6 chequeseach of Rs.1,000/- or more from any SIP investor.
• All the SIP cheques (except the first one) must beuniformly dated i.e. either the 1st, 7th, 10th, 20th or25th of a month. Investors can invest at Monthly orQuarterly intervals by providing post-dated cheques.All cheques should be for the same amount.
• Only one instalment per month/quarter is allowedunder one SIP registration. e.g., if for a monthly SIP,the first instalment is in the month July, say 2nd July,then the second instalment should be in August.
• To effect the ECS/Direct debit, investors must providea cancelled cheque or copy thereof for the sameaccount from which the ECS/Direct Debit is to be done.
• Load: For all SIP purchase transactions duringongoing sale, the entry and exit load as applicablefor normal purchases shall be applicable [Normalpurchases are purchases at the minimumsubscription amount specified for each respectivescheme, other than purchases through SIP, STP(in),DTP(in) or Exchange/Switch(in)].
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Terms & Conditions applicable for all SIP:
• In case the specified date of SIP instalment is a non-business day for the scheme, the SIP will beprocessed on the following business day for thatscheme.
• If during the currency of a SIP, the unitholderchanges the plan or option in which he/she hadinvested, the same would be treated as terminationof existing SIP and re-registration of a new SIP andall the terms and conditions of the SIP such asminimum term/amount etc. shall apply in bothplans/options.
• The AMC reserves the right to discontinue the SIPin case of cheque return or rejection of ECS/DirectDebit by the bank for any reason, and debit thereturn / rejection charges to the investors’ account.
• Franklin Templeton Investments will not beresponsible for any delay/non-processing ofECS/Direct Debit transaction where it is attributableto any incorrect/incomplete information providedby the investor.
• Franklin Templeton Investments shall not beresponsible and liable for anydamages/compensation for any loss, damage etc.,incurred by the investor. The investor assumes theentire risk of using the ECS/Direct Debit facility andtakes full responsibility for the same.
• Investor will not hold Franklin TempletonInvestments and its service providers responsible ifthe transaction is delayed or not effected by theinvestor Bank or if debited in advance or after thespecific SIP date due to various reasons.
• The Trustee/AMC reserves the right to modify ordiscontinue the SIP facility at any time in future ona prospective basis.
It is clarified that the load applicable for a SIP shall bethe load prevailing on the date of registration.
Here is an illustration using hypothetical figures toshow how a Systematic Investment Plan can benefit aninvestor. Let us assume that Mr. ABC would like toinvest Rs.1,000/- as a quarterly investment for a periodof four quarters, i.e. a total of Rs.4,000/-.
Quarter Amount Sale Price No. of Units
Invested (Rs.) (Rs.) purchased
1 1000.00 12.0000 83.333
2 1000.00 15.0000 66.667
3 1000.00 9.0000 111.111
4 1000.00 12.0000 83.333
TOTAL 4000.00 48.0000 344.444
Average price (per unit) per quarter (quarters) =Rs.12.0000 (i.e. Rs. 48/4).
Average cost per unit = Rs.11.6129 (i.e. Rs.4000/344.444 units).
As can be seen from the example above, the average costper unit is always lower than the average market priceper unit, irrespective of a rise, fall or fluctuations in themarket. A greater number of units were purchased whenthe per-unit cost was low; fewer units were purchasedwhen the per-unit cost was high. Thus, Mr. ABCautomatically gains without having to monitor prices(NAV) on a day-to-day basis.
However, an investor should note that the market valueof the Scheme's units is subject to fluctuations. Beforeundertaking any plan for Systematic Investment, theinvestor should keep in mind that such a program doesnot assure a profit or protect against a loss.
SYSTEMATIC TRANSFER PLAN (STP)
A unitholder may establish a Systematic Transfer Planand choose to transfer on a monthly or quarterly basisfrom the Scheme to another Franklin Templetonscheme. The transfer will be effected by way ofredemption of units (with appropriate exit load, if any)and a reinvestment (with appropriate entry load, if any)of the redemption proceeds in another Scheme(s).
Unitholders may change the amount (but not below thespecified minimum) by giving written notice to theregistrars.
The unitholder may avail of this plan by completing theenclosed Application Form or by filling up the relevantportion of the transaction statements. A systematictransfer plan may be terminated on appropriate writtennotice by the unitholder of the fund, and it willterminate automatically if all the units are liquidated orwithdrawn from the account, or upon the Fund's receiptof notification of death or incapacity of the unitholder.
The Investment Manager may change rules relating tothe plan from time to time.
Highlights:
This facility is available in the following schemes/plans("Source Schemes"): Templeton India Income Fund(TIIF), Templeton India Income Builder Account (TIIBA),Templeton Monthly Income Plan (TMIP), FT IndiaMonthly Income Plan (FTIMIP), Templeton IndiaGovernment Securities Fund (except PF Plan) (TGSF),Templeton Floating Rate Income Fund (TFIF), TempletonIndia Short-Term Income Plan (TISTIP), Templeton IndiaTreasury Management Account (TITMA) and TempletonIndia Ultra-short Bond Fund (TIUBF).
1) In order to start the STP facility, the minimumaccount balance under Fixed Amount Optionshould be Rs. 12,000, and the same under CapitalAppreciation Option should be
• Rs. 5,00,000/- for Weekly Transfer of Fundsfacility (Weekly STP)
• Rs. 1,00,000/- for Monthly Transfer of Fundsfacility (Monthly STP)
• Rs. 1,00,000/- for Quarterly Transfer of Fundsfacility (Quarterly STP),
except in TITMA – Institutional Plan where thesame should be Rs. 1,00,00,000.
2) Destination Scheme: The investors may chooseFranklin Build India Fund for transferring theamount from any Destination Scheme.
3) Options: There are two options available, FixedAmount Option and Capital Appreciation Option.The Capital Appreciation option will be availableonly under the growth plans of the Source schemes.
4) Frequency: The frequency can be Weekly, Monthlyor Quarterly.
5) Transfer of Funds:
Transfer of Funds Fixed Amount Capital Appreciation
Option Option
Weekly STP A fixed amount can The capital
be transferred on appreciation as on the
the 7th, 14th, 21st immediately preceding
and 28th day of business day for the
every month to Source Scheme can be
the specified transferred to the
Destination Scheme specified Destination
Scheme, on the 7th,
14th, 21st and 28th
day of every month.
Monthly STP/ A fixed amount can The capital
Quarterly STP be transferred on a appreciation as on the
pre-specified date last business day of
(to be chosen by every month/quarter
the investor) of every can be transferred to
month/every quarter the specified
to the specified Destination Scheme
Destination Scheme
6) In case the specified date is a non-business day foreither the Source Scheme or the Destination Scheme,the STP will be processed on the following businessday for both the schemes. The STP will be applicablesubject to the terms of the destination scheme.
7) Minimum Amount and Term:
(a) Under the Fixed amount option
Transfer Frequency Destination Scheme
Weekly STP Rs. 500 per week for 6 months
Monthly STP Rs. 1,000 per month for 6 months or Rs. 500
per month for 12 months
Quarterly STP Rs. 1,000 per quarter for 6 quarters or
Rs. 500 per quarter for 12 quarters
(b) Under Capital Appreciation Option, the minimumterms shall be 6 months.
8) Load: For all STP purchase transactions, the entryand exit load as applicable in the DestinationScheme for normal purchases shall be applicable.Further, for all STP (out) transactions, an exit loadas applicable in the Source Scheme shall be levied[Normal purchases are purchases at the minimumsubscription amount specified for each respectivescheme, other than purchases through SIP, STP(in),DTP(in) or Exchange/Switch(in)].
9) At least 7 days’ prior intimation should be given tothe Mutual Fund for commencement of a fresh STPor cancellation/termination of an existing STP.
10) If during the currency of a STP, the Unitholderchanges the plan or option in which he/she hadinvested, the same would be treated as terminationof existing STP and re-registration of a new STP andall the terms and conditions of the STP such asminimum term/amount etc. shall apply in bothplans/options.
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11) If in case of a monthly/quarterly STP with FixedAmount Option, if the unitholder specifies 30th or31st of the month (28th/29th in case of February) asthe "Specified Date" for the STP transaction, thenthe STP shall be processed on the day, which is thelast business day in that month for both theschemes.
12) Where the Start Date of the STP is not mentioned,then for an STP under Monthly/Quarterly option,the Start Date shall be deemed as follows:
If STP is submitted …….. Then Start Date shall be deemed to
be ……
On or before 8th day 15th day of that month
of the month
After 8th day but on or last business day of that month for
before 23rd day of the month both the schemes
After 23rd day of the month 15th day of the next month
13) This facility is not available for investments underlock-in period or on which any lien or encumbrance
is marked or in respect of which the status ofrealisation of cheque is not available to the AMC.
14) It shall be the responsibility of the investor to ensurethat sufficient balance (free from any Lock-in orencumbrances) is available in the account on thedate of transfer, failing which the transfer will not beeffected. The AMC reserves the right to discontinuethe STP in case the transfer is not effected due toinsufficient balance in the investor’s account.
15) The AMC/Trustees reserve the right to discontinueor modify the STP facility at any time in future on aprospective basis.
It is clarified that the load applicable for a STP shall bethe load prevailing on the date of registration.
Here is an illustration using hypothetical figures toexplain the concept of a Systematic Transfer Plan. Let usassume that Mr. ABC would like to transfer Rs.1000/-every month from TIIF to FBIF for a period of fourmonths, i.e. a total of Rs.4000/-.
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TIIF
Month Opening Applicable NAV Amount Redeemed No. of Units Closing Balance
Balance of Units (Rs.) (Rs.) Redeemed of Units
(a) (b) (c) (d) = [c-b] (e) = [a-d]
1 5,000.000 11.0000 1,000.00 90.909 4,909.091
2 4,909.091 11.0800 1,000.00 90.253 4,818.838
3 4,818.838 11.1500 1,000.00 89.686 4,729.152
4 4,729.152 11.2000 1,000.00 89.286 4,639.866
FBIF
Month Amount Invested Applicable NAV No. of Units Allotted Closing Balance
(Rs.) (Rs.) of Units
(f) (g) (h) = [f-g] (i)
1 1000.00 11.0000 90.909 90.909
2 1000.00 11.0920 90.155 181.064
3 1000.00 11.1290 89.855 270.919
4 1000.00 11.2220 89.111 360.030
Note:
The Fund may close an investor's account if the balance falls below the minimum prescribed balance (based on applicableNAV) in the Schemes from which Transfer is proposed to be done due to redemptions or SWP and the investor fails to investsufficient funds to bring the value of the account to the prescribed minimum (based on applicable NAV) after a writtenintimation in this regard is sent to the Unitholder.
DIVIDEND TRANSFER PLAN (DTP)
This facility is available to the investors of variousdividend plans (except Daily Dividend and WeeklyDividend Plans) of Templeton India Income Fund(TIIF), Templeton Monthly Income Plan (TMIP),Templeton India Short-Term Income Plan (TISTIP),Templeton India Government Securities Fund (TGSF),Templeton Floating Rate Income Fund – Long TermPlan (TFIF-LT), FT India Monthly Income Plan(FTIMIP) and Templeton India Income Builder Account(TIIBA).
An investor can select this facility whereby the dividenddeclared in any of theses schemes (Source Scheme) willbe automatically invested into selected FranklinTempleton Open-ended Equity or Hybrid schemes.
Highlights:
• In order to avail the DTP facility, the minimumaccount balance should be Rs.25,000/-, except incase of TISTIP where the same should beRs.1,00,000/-.
• The frequency of transfer will depend on thedividends declared by the plan of the Scheme inwhich the investment has been made.
• The amount, to the extent of the distribution, willbe automatically invested in Franklin Build IndiaFund at its NAV on the next business day for boththe schemes and equivalent units will be allotted,subject to the terms and conditions of theDestination Scheme.
For example: An investor in FTIMIP opts to invest thedividend in FBIF. If the dividend record day is a Wednesdayand Thursday is the book closure for FTIMIP, the investorwill be allotted units at NAV of Friday. In case Friday is anon – business day for either FTIMIP or FBIF, the units willbe allotted at the NAV of immediate next business day forboth the schemes.
• Load: For all DTP purchase transactions, the entryand exit load as applicable for normal purchasesshall be applicable [Normal purchases are purchasesat the minimum subscription amount specified foreach respective scheme, other than purchasesthrough SIP, STP(in), DTP(in) orExchange/Switch(in)].
• A DTP may be terminated by the unitholder bygiving appropriate written notice.
• The Trustee/AMC reserves the right to modify ordiscontinue the DTP facility at any time in future ona prospective basis.
It is clarified that the load applicable for a DTP shall bethe load prevailing on the date of the respective transfer.
A dividend transfer plan may be terminated onappropriate written notice by the unitholder of the fund.The Investment Manager may change rules relating tothe plan from time to time.
SYSTEMATIC WITHDRAWAL PLAN (SWP)
A Unitholder may establish a Systematic WithdrawalPlan in the scheme and receive monthly/ quarterlypayments from the account. The Unitholder can opt towithdraw a fixed amount or capital appreciation, subjectto a prescribed minimum amount per month or perquarter. The Unitholder may avail of SWP by filling upthe relevant portion of the transaction statement or bycompleting an Application Form and sending it to anyof the ISCs mentioned at the end of this SchemeInformation Document.
The amount thus withdrawn by redemption shall beconverted into Units at the applicable NAV (which isgenerally the first business day of the month in whichthe payment is scheduled), and such Units will besubtracted from the unit balance of that Unit holder.
Unitholders may change the amount by givingappropriate written notice to the Registrars. ASystematic Withdrawal Plan may be terminated onwritten notice by the unitholder of the Fund, and it willterminate automatically if all Units are liquidated orwithdrawn from the account, or upon the Fund's receiptof notification of death or incapacity of the Unitholder.
Highlights:
• In order to start the SWP facility, the minimumaccount balance should be Rs.25,000.
• The frequency can be Monthly or Quarterly
• There are two options available:
(a) Fixed amount: A fixed amount can bewithdrawn either on the 15th or the lastbusiness day of every month/quarter
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(b) Capital Appreciation: The capital appreciationas on the last business day of the month can bewithdrawn.
• Load: For all SWP purchase transactions, the exitload as applicable for normal purchases shall beapplicable. [Normal purchases are purchases at theminimum subscription amount specified for eachrespective scheme, other than purchases throughSIP, STP(in), DTP(in) or Exchange/Switch(in)].
• Minimum withdrawal: Under the Fixed amountoption, the minimum withdrawal will be Rs.1,000/-
• Where the Start Date of the SWP is not mentioned,then the same shall be deemed to be the firstavailable SWP date depending upon the option
chosen by the unitholder, after a period of 7 days
after the date of submission of the SWP request.
• An investor cannot simultaneously participate in an
SIP and SWP in the same scheme
• This facility is not available for investments under
lock-in period.
Here is an illustration using hypothetical figures to
explain the concept of a Systematic Withdrawal Plan.
Let us assume that Mr. ABC has invested Rs.10,000/-
and been allotted 1000 units during the initial offer.
Subsequently he would like to receive Rs.1000/- for a
period of four months, commencing from the beginning
of the next month.
Month Opening Balance Amount Withdrawn Applicable NAV No. of units Closing Balanceof Units (RS.) (RS.) redeemed of Units
1. 1000.000 1000 12 83.333 916.667
2. 916.667 1000 15 66.667 850.000
3. 850.000 1000 9 111.111 738.889
4. 738.889 1000 12 83.333 655.556
Total 4000 344.444
Note: The Fund may close an investor’s account if the balance falls below the prescribed minimum balance (based onapplicable NAV) due to redemptions or SWP, and the investor fails to invest sufficient funds to bring the value of the accountto the prescribed minimum (based on applicable NAV) after a written intimation in this regard is sent to the Unitholder.
ACCOUNTS STATEMENTS
For normal transactions during ongoing sales and
repurchase:
• The AMC shall issue to the investor whose
application (other than SIP/STP) has been accepted,
an account statement specifying the number of units
allotted within 4 working days of allotment.
• For those unitholders who have provided an e-mail
address, the AMC will send the account statement
by e-mail.
• The unitholder may request for a physical account
statement by writing / calling us at any of the ISC.
For SIP / STP transactions;
• Account Statement for SIP and STP will be
despatched once every quarter ending March, June,
September and December within 10 working days of
the end of the respective quarter.
• A soft copy of the Account Statement shall be mailedto the investors under SIP/STP to their e-mailaddress on a monthly basis, if so mandated.
• However, the first Account Statement under SIP/STPshall be issued within 10 working days of the initialinvestment/transfer.
• In case of specific request received from investors,Mutual Funds shall provide the account statement(SIP/STP) to the investors within 5 working daysfrom the receipt of such request without anycharges.
Annual Account Statement:
• The Mutual Funds shall provide the AccountStatement to the Unitholders who have nottransacted during the last six months prior to thedate of generation of account statements. The
Account Statement shall reflect the latest closingbalance and value of the Units prior to the date ofgeneration of the account statement,
• The account statements in such cases may begenerated and issued along with the PortfolioStatement or Annual Report of the Scheme.
• Alternately, soft copy of the account statements shallbe mailed to the investors’ e-mail address, instead ofphysical statement, if so mandated.
Account statements will be sent either by courier orthrough the services of the Indian postal department, atthe option of the AMC taking into consideration theinvestor's location so as to provide investors with thebest available service. The Account Statement is a recordof the transaction in the scheme of Franklin TempletonMutual Fund. Investors are requested to review theaccount statement carefully and contact their nearestInvestor Service Centre in case of any discrepancy. Thecontents of the statement will be considered to becorrect if no error is reported within 30 days from thedate of receipt of the Account Statement.
Dividend
The dividend warrants shall be dispatched or thedividends would be otherwise distributed to theunitholders within 30 days of the date of declaration ofthe dividend.
Redemption
The redemption or repurchase proceeds shall bedispatched to the unitholders within 10 working daysfrom the date of redemption or repurchase.
Delay in payment of redemption / repurchase proceeds
The Asset Management Company shall be liable to payinterest to the unitholders at such rate as may bespecified by SEBI for the period of such delay (presently@ 15% per annum).
C. PERIODIC DISCLOSURES
Net Asset Value (NAV)
This is the value per unit of the scheme on a particularday. You can ascertain the value of your investments bymultiplying the NAV with your unit balance.
In case of this scheme, which is an open end scheme,
the NAV shall be normally calculated for all BusinessDays and released to the Press.
The Mutual Fund are required to declare the NAV of theScheme on every Business Day on AMFI’s websitewww.amfiindia.com by 9.00 p.m. (current time limit foruploading NAV as per the SEBI guidelines) and also onour website www.franklintempletonindia.com.
The publishing of NAV and sale and redemption pricesas outlined above are as per the prevailing SEBIRegulations and are subject to change from time to time.
Redemption and Sale Prices
While determining the prices of the units, the schemeshall ensure that the repurchase price is not lower that93% of the Net Asset Value and the sale price is nothigher that 107% of the Net Asset Value.
Provided further that the difference between therepurchase price and the sale price of the unit shall notexceed 7% calculated on the sale price.
HALF YEARLY DISCLOSURES
Portfolio / Financial Results: This is a list of securitieswhere the corpus of the scheme is currently invested.The market value of these investments is also stated inportfolio disclosures.
The Fund shall before the expiry of one month from theclose of each half year that is on 31st March and 30thSeptember, publish its financial results, containingdetails specified in Regulation 59 read with TwelfthSchedule of SEBI Regulations, in one English newspapercirculating in the whole of India and in one regionalnewspaper circulating in the region where the headoffice of the Fund is situated. In addition, the Schemeshall mail/e-mail (if an e-mail address is provided withthe consent of the unitholder) or publish the completeportfolio to the investors before the expiry of one monthfrom 31st March and 30th September each year. Theseshall also be displayed on the web site of the MutualFund and that of AMFI.
ANNUAL REPORT
As required by the SEBI Regulations, the Fund willmail/e-mail (if an e-mail address is provided with theconsent of the unitholder), as soon as practical after31st March each year but not later than four months
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thereafter, as the Trustee may decide, an abridgedscheme-wise annual report to all the unitholders. Thefull annual report of the Fund will be furnished to theUnitholders upon a written request and will be availableat the Head Office of the Investment Manager forinspection. The Fund will make all disclosures requiredby the SEBI Regulations, including information aboutthe entire portfolio held by the Fund under this Scheme.
Associate Transactions
Please refer to Statement of Additional Information (SAI)
Taxation
This information is provided for general informationonly and is based on the prevailing tax laws, asapplicable in case of this Scheme. However, in view ofthe individual nature of the implications, each investoris advised to consult his or her own taxadvisors/authorised dealers with respect to the specificamount of tax and other implications arising out of hisor her participation in the schemes.
The following summary outlines the key taximplications applicable to unit holders of this Schemebased on the relevant provisions under the Income-taxAct, 1961 (‘the Act’) and other applicable taxation lawsas amended by the Finance Act, 2008 (collectivelycalled ‘the relevant provisions’).
A) Tax implications to unitholders under Income TaxAct:
Category of this Scheme:
Franklin Build India Fund (FBIF) is an ‘equity orientedfund’ as currently defined under the Income Tax Act,1961,
"Equity oriented fund" is defined to mean a fund -
• where the investible funds are invested by way ofequity shares in domestic companies to the extentof more than sixty five percent of the total proceedsof such fund; and
• which has been set up under a scheme of a MutualFund specified in section 10 (23D) of the Act.
Tax on income on units:
Tax on income on units other than sale / redemption(including Dividend) – Nil.
Tax on income on sale/redemption of units:
If the units are held as stock-in-trade of a business, thesaid income will be taxed at the rates at which thenormal income of that investor is taxed.
If the units are held as investments, the said incomewill be taxed as capital gains. In such case, the taxrates applicable will depend on whether the gain onsale of units is classified as a short term capital gainor a long term capital gain. If the units of thescheme are held as a capital asset, for a period ofmore than 12 months immediately preceding thedate of transfer, will be treated as long-term capitalassets for the computation of capital gains. In allother cases, they would be treated as short-termcapital assets. The rates of capital gains tax are asfollows (applicable to all investors including NRI /PIO/ FII):
Nature of capital gains Tax rate*
Short-term capital gains Capital gains tax payable at 15 percent* [applicableto all investors]
Long- term capital No capital gains tax payable by any investor.
* plus surcharge, education cess and STT as may be
applicable.
Provisions regarding Dividend income and Bonus
Losses arising from the sale/redemption of unitspurchased within 3 months prior to the record date (forentitlement of dividends) and sold within 9 monthsafter such date, is disallowed to the extent of income onsuch units (other than on sale/redemption) claimed astax exempt.
If an investor purchases units within 3 months beforethe record date (for entitlement of bonus) andsells/redeems the units within 9 months after that date,and by virtue of holding the original units, he becomesentitled to bonus units, then the loss arising on transferof original units shall be ignored for the purpose ofcomputing his income chargeable to tax. In fact, the lossso ignored will be treated as cost of acquisition of suchbonus units.
Tax Deduction at Source (TDS) in respect of capitalgains:
Category of investor Nature of capital gains Tax rate*
Resident Investor Short term / Long term Nil
Foreign Institutional Short term / Long term Nil
Investor (FII)
Non-Resident Indian (NRI) / Short term 15%
Person of Indian origin (PIO)
Non-Resident Indian (NRI) / Long term Nil
Person of Indian origin (PIO)
Non-Resident Corporate Short term 15%
Non-Resident Corporate Long term Nil
* plus surcharge and education cess as may be applicable. For
administrative reasons, the Fund will deduct 10% surcharge in case of
all NRIs/PIOs and 2.5% surcharge in case of all non-resident corporates.
The long term capital gains shall be computed aftertaking into consideration the indexed cost of acquisitionof the units redeemed / repurchased / sold.
All the above non-resident investors may also claim thetax treaty benefits available, if any.
Dividend Distribution Tax (DDT)
Being equity-oriented fund, no DDT to be paid ondividend declared under the scheme.
B) Securities Transaction Tax (STT)
Being an equity-oriented fund, STT @0.25% is payableon sale (redemption) of units of the scheme.
For further details, please refer to the SAI.
INVESTOR SERVICES
To resolve investor queries and grievances, the Fund hasset up an Investor Service Cell that ensures promptresponse to all investor queries and grievances. For anyqueries, complaints or grievances, the investor cancontact the Investor Service Cell at the following address:
Investor Services, Franklin Templeton Mutual Fund
Franklin Templeton Centre, Door #7, 3rd Cross Street,Kasturba Nagar, Adyar, Chennai 600020.
Tel: 1-800-425 4255 (For MTNL/BSNL landline usersonly) or 6000 4255 (For non-MTNL/non-BSNL ormobile users, please prefix the city STD code if callingfrom a mobile phone) Local call rates apply.
E-mail: [email protected]
Ms. Sheela Kartik has been appointed as the InvestorRelations Officer of the AMC. She can be contacted atthe above address.
COMPUTATION OF NAV
The Net Asset Value (NAV) is the value of a Unit and iscomputed as shown below:
Market Value of the scheme’sinvestments + other assets (includingaccrued interest) - all liabilities exceptunit capital & reserves
NAV = ________________________________________
(Rs. Per unit)
Number of Units Outstanding at the endof the day
The NAV will be normally computed for all Business Daysof the Scheme and will be calculated to four decimalsusing standard rounding criteria.
Valuation of the scheme’s assets, calculation of thescheme’s NAV and the accounting policies & standardswill be subject to such norms and guidelines that SEBImay prescribe from time to time and shall be subject toaudit on an annual basis.
FEES AND EXPENSES OF THE SCHEME
The information that is provided under this sectionseeks to assist the investor in understanding theexpense structure of the current Scheme and types ofdifferent fees and their percentage the investor islikely to incur on purchasing and selling the units ofthe Scheme.
NFO EXPENSES
These expenses are incurred for the purpose of variousactivities related to the NFO like sales and distributionfees paid marketing and advertising, registrar expenses,printing and stationary, bank charges etc.
Being an open-end scheme, the Scheme shall meet theentire sales, marketing and such other expensesconnected with sales and distribution of scheme duringthe new fund offer from the entry load and not throughinitial issue expenses in accordance with SEBI Circulardated April 4, 2006. Any expenses over & above theentry load amount shall be borne by the AMC.
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ANNUAL SCHEME RECURRING EXPENSES:
These are the fees and expenses for operating thescheme. These expenses include InvestmentManagement and Advisory Fee charged by the AMC,Registrar and Transfer Agents’ fee, marketing and sellingcosts etc. as given in the table below.
The maximum annual recurring expenses that can becharged to the scheme shall be within the limits statedin Regulations 52(6) and subject to a percentage limit ofaverage weekly net assets, as mentioned in the tablebelow:
First Next Next Over
Rs.100 crore Rs.300 crore Rs.300 crore Rs.700 crore
2.50% 2.25% 2.00% 1.75%
In accordance with the Regulations, the investmentmanagement and advisory fee is included within theongoing expenses stated herein and charged to thescheme and is subject to the following limits:
• On the first Rs. 100 crores of the weekly average netassets: 1.25%
• On the balance of the net assets: 1.00%
The total expenses of the Scheme including theinvestment management and advisory fee (together withadditional management fee wherever applicable) shallnot exceed the limit stated in Regulation 52(6). Anyexcess over these specified ceilings would be borne bythe Asset Management Company.
The Trustee / AMC reserves the right to charge higheroperating expenses in relation to investing overseas asand when SEBI permits.
The AMC has estimated the following recurringexpenses for the first Rs.100 crores of average weeklynet assets:
Nature of fees and expenses % of Average
Weekly Net
Assets
Investment Management Fees 1.25
Custodial Fees, expenses related to 0.10
country registration
Registrar & Transfer Agent Fees including cost 0.30
related to providing account statements, investor
servicing & communications, dividend /
redemption cheques / warrants etc.
Marketing & Selling Expenses including 0.60
Agents Commission, Brokerage & Transaction
Cost pertaining to the distribution of units and
statutory advertisement
Fees and Expenses of Trustees / Audit Fees 0.15
Costs of fund transfer from location to location 0.05
Others (as permitted under Regulations) 0.05
Total Annual Recurring Expenses 2.50
The above estimates have been made in good faith as perthe information available to the Investment Managerbased on past experience and are subject to changeinter-se and types of the expenses charged shall be as perthe Regulations.
For the actual Annual Scheme Recurring expensescurrently being charged, the investor should refer to thewebsite of the Mutual Fund.
The tables relating to Annual Scheme RecurringExpenses given above and the Load structure givenbelow have been given to the investor to assist him / herin understanding the various costs and expenses that aninvestor of the scheme will bear directly or indirectly.
Investment management fees are payable monthly inarrears. The direct expenses incurred by each scheme ofFranklin Templeton Mutual Fund shall be chargeable tothat scheme. The common expenses incurred on variousschemes could be allocated to the schemes based onvarious parameters such as number of unitholders, thesize of the corpus / assets, equally or any other basis inconformity with generally accepted accounting principles.
LOAD STRUCTURE
Load is an amount which is paid by the investor tosubscribe to the units or to redeem the units from thescheme. This amount is used by the AMC to paycommissions to the distributor and to take care of othermarketing and selling expenses. Load amounts arevariable and are subject to change from time to time. For the current applicable structure, please visit Franklin Templeton India’s website(www.franklintempletonindia.com) or call at 1-800-4254255 (For MTNL/BSNL landline users only) or 6000 4255(For non-MTNL/non-BSNL or mobile users, please prefixthe city STD code if calling from a mobile phone) Localcall rates apply. Alternatively contact your distributor.
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During Upon Re-opening
New Fund Offer (as % of NAV)
(as % of NAV)
i Sales / Entry load • In respect of each Nil
on purchase (other purchase of Units
than switches) less than Rs.5 crores
in value – 2.25%
• In respect of each
purchase of Units
equal to or greater
than Rs.5 crores
in value – Nil
ii Contingent N. A. N. A.
Deferred Sales
Load (‘CDSC’)
(based on any
period of holding)
iii Exit Load on • In respect of each • In respect of each
redemption / purchase of Units purchase of Units
repurchase (other less than Rs.5 crores less than Rs.5 crores
than switches) in value – 1% in value – 1% if
if redeemed within redeemed within 1
1 year of allotment year of allotment
• In respect of each • In respect of each
purchase of Units purchase of Units
equal to or greater equal to or greater
than Rs.5 crores in than Rs.5 crores in
value - 1% if value - 1% if
redeemed within redeemed within 6
6 months of months of allotment
allotment
iv Load on Switch/ Switch-in: Same as Switch-in: Nil
Exchange entry load
mentioned above
Switch-out: Same Switch-out: Same as
as exit load exit load mentioned
mentioned above above
The AMC/Trustee reserves the right to modify theLoad/Fee mentioned above at any time in future on aprospective basis, subject to the limits prescribed underthe SEBI Regulations.
For the information of the investors, any introduction /change of load (including CDSC) in the Scheme may beput up on the website of the Mutual Fund. Theaddendum detailing the changes may be circulatedamong the Investor Service Centres / Distributors /Brokers under directions to display it at their respectiveoffices in form of a Notice and attach it to the copies ofScheme Information Documents and Key Information
Memorandum (if required) already in stock. Theaddendum may be published by way of a public noticeor advertisement in one English daily newspaper havingnationwide circulation as well as in a newspaperpublished in the language of region where the HeadOffice of the Mutual Fund is situated. The addendummay also be sent via e-mail to the unitholders who haveregistered their e-mail i.d. with the Mutual Fund. Theload/CDSC may also be disclosed in the accountstatement issued after the introduction of suchload/CDSC.
The investor is requested to check the prevailing loadstructure of the scheme before investing.
All loads (including CDSC) collected on units shallbe retained in the Fund and maintained in aseparate account and would strictly and fully beutilised by the Investment Manager in providingdistribution related services to the Mutual Fundrelating to the sale, promotion, advertising andmarketing of Units of the Scheme, includingpayments to brokers / registrars for their services inconnection with the distribution of the Units. Anysurplus in this account may be credited to thescheme, whenever felt appropriate by the AMC. Interms of SEBI circular ref. SEBI/IMD/CIR No.4/168230/09 dated June 30, 2009, effective August01, 2009, of the exit load or CDSC charged to theinvestor, a maximum of 1% of the redemptionproceeds shall be maintained in a separate accountwhich can be used by the AMC to pay commissionsto the distributor and to take care of othermarketing and selling expenses. Any balance shallbe credited to the scheme immediately.
Load on bonus/dividend re-investment units: In termsof SEBI circular SEBI/IMD/CIR No.14/120784/08 datedMarch 18, 2008, no entry and exit load shall be chargedon bonus units or units allotted on reinvestment ofdividend.
Load in case of Fund of Funds scheme: As the Fund ofFunds (FOF) scheme can charge a load, if theunderlying schemes too charge a load, there would be adouble incidence of load for the investors at the FOFlevel and at the underlying scheme level. Hence, no load(entry/exit) will be charged by the underlying open-endschemes of Franklin Templeton Mutual Fund on the
41
42
investments made by any Fund of Funds scheme of aMutual Fund.
Trail Fees: The scheme is open for investments by aFOF or a Feeder Fund. In case of direct investmentsmade by the FOF or a Feeder Fund into the underlyingfunds, the distributors of the FOF or Feeder Fund whomobilise the funds are entitled to the brokerage/trailcommission. Accordingly, the brokerage/trailcommission would be paid from the underlying fundwithin the overall expenses that are permitted by theregulations. The underlying fund may pay thebrokerage/trail commission either directly to thedistributor or to the FOF/Feeder Fund for onwardpayment to the distributors.
WAIVER OF LOAD FOR DIRECT APPLICATIONS
In terms of SEBI circular SEBI/IMD/CIRNo.10/112153/07 dated December 31, 2007, no entryload shall be charged for direct applications received byFranklin Templeton Asset Management (India) Pvt. Ltd.(AMC) i.e. applications received through FranklinTempleton website (www.franklintempletonindia.com)or submitted to any Franklin Templeton Branch Office[Investor Service Centre (ISC)] / specified CollectionCentre that are not routed through anydistributor/agent/broker. This shall be applicable for allapplications received for fresh purchases, additionalpurchases done directly by the investor under the samefolio or switch-in to a scheme from other scheme(s), ifsuch a transaction is done directly by the investor asspecified above.
It is recommended that in case of such directapplications, investors mention ‘DIRECT’ in the relevantsection of the Application Form where thedistributor/agent/broker/ advisor (including sub-broker) name & code is to be specified, so as to avoidany confusion. Alterations/changes, if any, in thedistributor/agent/broker/advisor (including sub-broker)name & code, including cases where thedistributor/agent/broker/advisor name & code is pre-printed/stamped/ affixed on the Application Form, mustbe countersigned by the investor(s).
For the information of investors, a list of the OfficialPoints of Acceptance of Transactions of FranklinTempleton Mutual Fund is available
on the Franklin Templeton website(www.franklintempletonindia.com) under Section‘Contact us’.
RIGHTS OF UNITHOLDERS
Please refer the SAI for details.
GENERAL UNITHOLDER INFORMATION
FOLIO / ACCOUNT NUMBER
Every investor will have a Folio number. Within a Folio,an investor will have an account number for each fundor scheme into which he or she invests. The number ofUnits issued to an investor or redeemed by an investorwill be reflected in his or her Account and a statementto this effect will be issued to the Unitholder.
RESPONSE TIMES
The Fund will endeavor to adhere to the followingresponse times with regard to various investor servicesfrom the time of receipt of correct and complete requestat Franklin Templeton Asset Management (India) Pvt.Ltd., Chennai.
Activity From date of receipt Regulatory limits
Account Statement
Mailing/e-mailing 4 working days 6 weeks
Redemption cheque
mailing/e-mailing 4 working days 10 working days
Address change 3 working days -
Ownership
transmission 4 weeks 30 days
These response times do not include postal deliverytime, acts of God or disruptions beyond the control ofthe AMC.
SCHEME TO BE BINDING ON THE UNITHOLDERS
The Trustee may, from time to time, add to or otherwisevary or alter all or any of the features, investment plansand terms of this Scheme after obtaining the priorapproval of SEBI and the Government of India wherenecessary and the Unitholders in accordance with theSEBI Regulations, and the same shall be binding on eachUnitholder and any person or persons claiming throughor under him as if each Unitholder or such person
expressly agreed that such features, plans and termsshould be so binding.
PENALTIES, PENDING LITIGATION ORPROCEEDINGS, FINDINGS OF INSPECTIONSOR INVESTIGATIONS FOR WHICH ACTIONMAY HAVE BEEN TAKEN OR IS IN THEPROCESS OF BEING TAKEN BY ANYREGULATORY AUTHORITY
❑ All disclosures regarding penalties and action(s)taken against foreign Sponsor(s) may be limited tothe jurisdiction of the country where the principalactivities (in terms of income / revenue) of theSponsor(s) are carried out or where theheadquarters of the Sponsor(s) is situated. Further,only top 10 monetary penalties during the last threeyears shall be disclosed. - NIL
❑ In case of Indian Sponsor(s), details of all monetarypenalties imposed and/ or action taken during thelast three years or pending with any financialregulatory body or governmental authority, againstSponsor(s) and/ or the AMC and/ or the Board ofTrustees /Trustee Company; for irregularities or forviolations in the financial services sector, or fordefaults with respect to share holders or debentureholders and depositors, or for economic offences, orfor violation of securities law. Details of settlement,if any, arrived at with the aforesaid authoritiesduring the last three years shall also be disclosed:
The AMC had allotted equity shares to FranklinTempleton Holding Limited, Mauritius during May2000. The same was reported to the Reserve Bank ofIndia (RBI) in December 2007. As per theregulations issued under the Foreign ExchangeManagement Act, 1999 (FEMA), allotment of sharesby an Indian company to a non-resident has to beinformed to the RBI within 30 days of the allotment.Any delay in reporting allotment is treated ascontravention of the FEMA Regulations. The AMChad filed an application with RBI to compound thecontravention as provided in the said Regulations.Taking into account the relevant facts andcircumstances, a lenient view was taken by RBI andas per the order issued, the AMC has paid a sum ofRs.2.50 Lacs towards compounding.
❑ Details of all enforcement actions taken by SEBI inthe last three years and/ or pending with SEBI forthe violation of SEBI Act, 1992 and Rules andRegulations framed there under includingdebarment and/ or suspension and/ or cancellationand/ or imposition of monetarypenalty/adjudication/enquiry proceedings, if any, towhich the Sponsor(s) and/ or the AMC and/ or theBoard of Trustees /Trustee Company and/ or any ofthe directors and/ or key personnel (especially thefund managers) of the AMC and Trustee Companywere/ are a party. The details of the violation shallalso be disclosed - NIL
❑ Any pending material civil or criminal litigationincidental to the business of the Mutual Fund towhich the Sponsor(s) and/ or the AMC and/ or theBoard of Trustees /Trustee Company and/ or any ofthe directors and/ or key personnel are a partyshould also be disclosed separately:
INTERNATIONAL OPERATIONS
• Three individual plaintiffs filed a consolidated classaction and derivative complaint in the U.S. DistrictCourt for the Southern District of Florida, againstTempleton Vietnam Opportunities Fund, Inc. (laterknown as Templeton Vietnam and Southeast AsiaFund, Inc.); Templeton Asset Management, Ltd., anindirect wholly-owned subsidiary of FranklinResources, Inc. ("FRI") and the investment managerof the closed-end investment company; certain ofthe fund’s officers and directors; FRI; and TempletonWorldwide, Inc., an FRI subsidiary. The plaintiffs inthat action, captioned In re: Templeton SecuritiesLitigation (Civil Action No. 98-6059) moved tocertify a class with respect to certain claims raised inthe consolidated complaint. The District Courtdenied the plaintiffs' motion to certify a class withrespect to their claims. Plaintiffs then filed apetition to the Eleventh Circuit Court of Appeals tohear an interlocutory appeal of that decision of theDistrict Court.
Thereafter, while the petition was pending, anagreement was reached in writing settling theaction. Under the terms of the settlementagreement, the plaintiffs and defendants agreed to
43
resolve all claims for $6.5 million, includingplaintiffs’ attorneys fees and the costs ofadministering the settlement. On April 3, 2002, thesettlement was approved by the District Court. TheFund received $2 million in the settlement, whichwas reflected in the Fund's net asset value as of April3, 2002. The defendants agreed to the settlement toavoid the further expense, inconvenience anddistraction of the proceedings in this protractedcase. The settlement did not contain, andspecifically denies, any admission of wrongdoing orviolation of law by any of the defendants.
• Templeton International Inc. is involved from timeto time in litigation relating to claims arising in thenormal course of business. Management is of theopinion that the ultimate resolution of such claimswill not materially affect Franklin TempletonInvestments' business or financial position.
INDIAN OPERATIONS
• One of the investors under Templeton India GrowthFund had made investment to the tune ofRs.1,00,00,001/- under Section 54EB of the IncomeTax Act, 1961. In accordance with the legal opinionof the counsel of the Fund, the Fund is of the viewthat investments under Section 54EB of the IncomeTax Act, 1961 read with CBDT NotificationNo.10247 dated December 19, 1996, the units hadto be locked-in for a period of seven years from thedate of investment. However, the investor haddisputed this stand and had filed a writ petition inthe High Court of Delhi seeking the direction of thecourt for premature redemption of units, withFranklin Templeton Mutual Fund as one of therespondents. The Honourable Delhi High Courtvide its order dated 3rd August 2000 directed SEBIto dispose of the representation filed by the investor.The investor then filed a representation with SEBI.After hearing the petitioner and the respondents,SEBI rejected the representation vide order datedSeptember 4, 2000 upholding the stand of theMutual Fund.
Subsequently, the investor had filed a Memorandumof Appeal with the Securities Appellate Tribunal,Mumbai against the SEBI order dated September 4,2000. The Tribunal dismissed the appeal vide itsorder dated February 15, 2001 and upheld the standof the Mutual Fund. The investor has filed a petitionin the Delhi High Court challenging the order of theSecurities Appellate Tribunal and challenging theCentral Board of Direct Taxes (CBDT) order.
• The AMC is involved from time to time in litigationrelating to claims arising in the normal course ofbusiness. The Company is of the opinion that theultimate resolution of such claims will notmaterially affect its business or financial position.
❑ Any deficiency in the systems and operations of theSponsor(s) and/ or the AMC and/ or the Board ofTrustees/Trustee Company which SEBI hasspecifically advised to be disclosed in the SID, orwhich has been notified by any other regulatoryagency, shall be disclosed: Nil
The above information has been disclosed in good faithas per the information available to the AMC.
Notwithstanding anything contained in the SchemeInformation Document, the provisions of the SEBI(Mutual Funds) Regulations, 1996 and the Guidelinesthereunder shall be applicable.
The Trustees have ensured that Franklin Build IndiaFund approved by them is a new product offered byFranklin Templeton Mutual Fund and is not a minormodification of the existing scheme/fund/product.
For FRANKLIN TEMPLETON ASSETMANAGEMENT (INDIA) PVT. LTD.
Investment Manager: FRANKLIN TEMPLETONMUTUAL FUND
Harshendu Bindal
President
44
45
DIRECTORY
Sponsor
Templeton International, Inc.500 East Broward Boulevard, Suite2100, Fort Lauderdale, Florida33394 – 3091, USA.
Registrars
Franklin Templeton AssetManagement (India) Pvt. Ltd.Franklin Templeton Centre, Door# 7, 3rd Cross Street, KasturbaNagar, Adyar Chennai 600020
Investment Manager
Franklin Templeton AssetManagement (India) Pvt. Ltd.Level 4, Wockhardt Towers, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Legal Advisors
J. Sagar AssociatesVakils House18 Sprott Road, Ballard EstateMumbai 400 001
Custodians:
For domestic securities
Deutsche Bank AGKodak House, 422 Dr. D. N. Road,Fort, Mumbai 400001
For foreign securities
Citibank, N.A.Plot C/61, Bandra Kurla Complex,‘G’ Block, Bandra (East), Mumbai400051
Trustee
Franklin Templeton TrusteeServices Pvt. Ltd.Level 4, Wockhardt Towers, Bandra Kurla Complex, Bandra (East), Mumbai 400 051
Auditors
S. R. Batliboi & Co.6th Floor, Express Towers, NarimanPoint, Mumbai 400 021
COLLECTION BANKS DURING NFOAXIS BANKAGARTALA: BANIK TOWER, HG BASAK ROAD, AGARTALA 799 001, TRIPURA, AGRA: GROUND FLOOR, BLOCK NO.41/4A, FRIENDS TOWER, SANJAY PLACE, AGRA - 282 002 (U.P.); AHMEDABAD: ‘TRISHUL’, OPPOSITE SAMARTHESHWARTEMPLE, LAW GARDEN, ELLIS BRIDGE,, AHMEDABAD 380 006, GUJARAT; AHMEDNAGAR: HOTEL SANKET COMPLEX, 189/6, TILAK ROAD, AHMEDNAGAR 414001, AHMEDNAGAR DISTRICT, MAHARASHTRA; AIZAWL: HOUSE NO. A/69/A,CHANMARI, AIZAWL 796 007, MIZORAM, AJMER: AMC NO.481-485/10,KUTCHERY ROAD, INDIA MOTOR CIRCLE,AJMER 305 001, RAJASTHAN; ALIGARH: OMJI COMPLEX, RAMGHAT ROAD , NIRANJAN PURI, ALIGARH 202 001, UTTARPRADESH; ALLAHABAD: 28B, CIVIL STATION, M.G. MARG, CIVIL LINES, ALLAHABAD 211 001, UTTAR PRADESH; AMBALA: LIC OFFICE, AMBALA CANTONMENT, JEEVAN JYOTI BUILDING, LIC OFFICE, JLN MARG, JAGADRI ROAD, AMBALACANTT.-133001, HARYANA; AMRAVATI: GROUND FLOOR, GULSHAN TOWER, MOFUSSIL PLOTS, NEAR PANCHSHEEL TALKIES, NH NO. 6, NEAR JAISTAMBH CHOWK, AMRAVATI 444 601, MAHARASHTRA; AMRELI: OM NAGNATH COMPLEX,NEAR NAGNATH TEMPLE, AMRELI 365 601, GUJARAT ; AMRITSAR: 29, KENNEDY AVENUE, COURT ROAD, AMRISTAR 143001, AMRISTAR DISTRICT, PUNJAB ; ANANTAPUR: NO.1946, NITHIN COMPLEX , SAPTAGIRI CIRCLE, SUBHASH ROAD,ANANTAPUR 515 001, ANDHRA PRADESH ; ANGUL: SHREERAM MARKET COMPLEX, MAIN ROAD, ANGUL 759 122, ORISSA ; ARNI: NO. 42/1, THATCHUR ROAD, ARNI 632 301, DIST. THIRUVANNAMALAI, TAMIL NADU; ASANSOL: PURBASHABANQUET HALL, APURBA COMPLEX, APCAR, GARDEN, SEN RALEIGH ROAD, ASANSOL 713 304, ; ATTUR: 910, NIRESH COMPLEX, CUDDALORE MAIN ROAD, ATTUR 636102, DIST. SALEM, TAMIL NADU; ATUL: QUARTER NO. AO/5, ATULCOMPLEX, OPP. STATE BANK OF INDIA, ATUL 396 020, DIST. VALSAD; AURANGABAD: ‘SAKAR BUILDING’, ADALAT ROAD, NEAR KRANTI CHOWK, AURANGABAD 433 001, MAHARASHTRA; BALLABGARH: PLOT NO.40,SCO, SECTOR 7,BALLABHGARH, , FARIDABAD 121 006,HARYANA; BANGA: KHASRA NO. 70/18PHAGWARA-BANGA MAIN ROADBANGA 144 505, DIST. NAWANSHAHR, PUNJAB ; BANGALORE: NO. 9, M. G. ROAD, BLOCK A, BANGALORE 560001; BANKURA: 240/A,NUTAN CHATI, PO AND DISTRICT BANKURA, PIN 722 101, WEST BENGAL; BARAMATI: PLOT NO.485,'GUDDI' BUILDING, BHIGWAN ROAD, BARAMATI 413 102, MAHARASHTRA; BARBIL: HOTEL PRACHI, OPPOSITE BARBIL BUS STAND, POBARBIL, DISTRICT KEONJHAR, PIN 758 035, ORISSA; BAREILLY: 148, CIVIL LINES,, BAREILLY 243 001, UTTAR PRADESH; BEHARAMPUR: 3/20, K K BANERJEE ROAD, LAL DIGHI, BEHARAMPUR 742 101,WEST BENGAL , ; BELGAUM: CTS NO.5854, CONGRESS ROAD, TILAKWADI, BELGAUM 590 006, KARNATAKA; BELLARY: DOOR/S.NO.8, MAIN ROAD, SIDDARTHA COMPLEX, PARVATHI NAGAR, BELLARY 583 103, KARNATAKA ; BERHAMPUR (GANJAM): TIME WORLD, PLOT NO.1195, WARD NO. 20 TATA BENZ SQUARE, BERHAMPUR 760 005 GANJAM DISTRICT, ORISSA; BETTIAH: SUPRIYA ROAD , OPP. KISHAN HOTEL, BETTIAH 845 438, BIHAR ; BHADRAK: R. C. BEHERA MARKET COMPLEX, SALANDI BY PASS, BHADRAK756 100, ORISSA; BHAGALPUR: 34, PATAL BABU ROAD, BHAGALPUR 812 001,BIHAR, ; BHARUCH: SHRI S'AD VIDYA MANDAL INSTITUTE OF TECHNOLOGY, OLD NATIONAL HIGHWAY NO. 8, BHARUCH 392 001, GUJARAT ; BHAVNAGAR: PLOTNO.6 B OPPOSITE DAKSHINAMURTHY SCHOOL, WAGHAWADI ROAD, BHAVNAGAR 364 002, BHAVNAGAAAR DISTRICT, GUJARAT; BHILAI: BLOCK A, PLOT NO. 5 UTTTAR GANGOTRI, OFF. G E ROAD, SUPELA CHOWK , BHILAI 490 020, DURGDISTRICT, CHHATISGARH; BHILWARA: GANPATI ENCLAVE, HEERA PANNA CAMPUS, OPP. NAHAR BROTHERS PETROL PUMP, PUR ROAD, BHILWARA 311 001, RAJASTHAN; BHOPAL: STAR ARCADE, PLOT NO.165 A & 166, ZONE - I, M.P.NAGAR,, BHOPAL -462 011; BHUBANESHWAR: C/O. ARCHBISHOP'S HOUSE, SATYANAGAR, , BHUBANESHWAR 751 007; BIKANER: SHREE GAURAV COMPLEX, DAGA MAIDAN, NEAR DAK BUNGLOW AND RAILWAY STATION, RANI BAZAR ROAD, BIKANER334 001, RAJASTHAN; BILASPUR: RAMA TRADE CENTRE, OPPOSITE RAJIV PLAZA, NEAR NEW BUS STAND, BILASPUR, CHHATISGARH 495001; BOKARO: HOTEL BLUE DIAMOND, GROUND FLOOR, 15 D/1, WESTERN AVENUE, BOKARO STEELCITY, BOKARO 827 001, JHARKHAND ; BOLANGIR: TARA COMPLEX,, BHAGARTHI CHOWK, BOLANGIR 767 001, ORISSA; BOLPUR (BOLPAR): MUNICIPAL SUPER MARKET , SHANTINIKETAN ROAD, BOLPUR 731 204, DISTRICT BIRBHUM, WESTBENGAL; BURDWAN: 37, G. T. ROAD,, BURDWAN 713101, ; CALICUT (KOZHIKODE): "KARUPALLI ARCADE", YMCA CROSS ROAD, CALICUT 673 001, KERALA; CHANDIGARH: SCO 343-344,, SECTOR 35-B,, CHANDIGARH 160 022; CHENNAI:82, DR.RADHAKRISHNAN SALAI, MYLAPORE, CHENNAI 600004; CHILLAKALLU: SURVEY NO. RS 47, MAIN BAZAAR, JAGGAYYAPETA ROAD, CHILLAKALLU 521 178, DIST. KRISHNA, ANDHRA PRADESH; CHINNAMIRAM: 7-132, J P ROAD,VENKATRAJUNAGAR, CHINNAMIRAM 534 204, WEST GODAVARI DISTRICT, ANDHRA PRADESH; CHITTOOR: 18-1024, ‘SINDHU TOWERS’, PRAKASAM HIGH ROAD, CHITTOOR 517 001, ANDHRA PRADESH ; COCHIN (KOCHI): 41/419, GROUNDFLOOR, , CHICAGO PLAZA, RAJAJI ROAD, ERNAKULUM, KOCHI - 682 035; COIMBATORE: VIGNESWAR CRESTA, NO.1095, AVINASHI ROAD, PAPPANAICKENPALAYYAM,, COIMBATORE - 641 037; CONTAI: PLOT NO. 232, WARD NO. II, SERPURETWARIBAR, PO + PS CONTAI, DISTRICT PURBA MEDINIPUR, PIN 721 401, WEST BENGAL; CUDDALORE: NO. 1, NETHAJI ROAD, MANJAKUPPAM, CUDDALORE, TAMIL NADU, PIN 607001; CUTTACK: JAYASHREE PLAZA,, 34, DOLAMONDAI,BADAMBADI, CUTTACK 753 009; DARJEELING: MARYLAND RESORTS LTD., RINK MALL, 16-22, LADEN LA ROAD, OPPOSITE GENERAL POST OFFICE, DARJEELING 734 101, WEST BENGAL; DAVANAGERE: NO. 821, RENUKA EXTENSION,ONKARAPPA LANE, P.B. ROAD, DAVANGERE 577 002, KARNATAKA ; DEHRADUN: 56, RAIPUR ROAD, DEHRADUN – 248 001, DEWAS: LIC OF INDIA, DEWAS, BRANCH OFFICE NO. 1, MOTI BUNGALOW, A. B. ROAD, DEWAS 455 001, MADHYAPRADESH; DHANBAD: SHRI RAM PLAZA, , 1ST FLOOR, BANK MORE, DHANBAD 826 001, JHARKHAND ; DHENKANAL: PLOT NO. 2868, MAHABIRBAZAR, DHENKANAL 759 001, ORISSA, ; DIMAPUR: CIRCULAR ROAD, NEAR CITY TOWER ,DIMAPUR 797 112, NAGALAND,; DINDIGUL: ‘SPENCER’S COMPOUND’, SALAI ROAD, DINDIGUL 624 001, TAMIL NADU; DUMKA: BHAGALPUR ROAD, AT & PO: DUMKA, PIN 814101, JHARKHAND; DURGAPUR: NO. 101/N, SAHID KHUDIRAMSARANI, CITY CENTER, DURGAPUR 713 216 , DISTRICT BARDDHAMAN, WEST BENGAL; ERODE: R.S. NO. 418/2, ADJOINING SUDHA NURSING HOME, PERUNDURAI RD., VEERAPPAN CHATHIRAM PANCHAYAT, ERODE 638 011, TAMIL NADU;FAIZABAD: PLOT NO. 2/1/6, OPPOSITE CIRCUIT HOUSE , CIVIL LINES, FAIZABAD 224 001, UTTAR PRADESH,; FARIDKOT: B-VI/65, CIRCULAR ROAD, FARIDKOT 151 203, PUNJAB, ; FEROZEPUR: ES-30/3, HARJI NIWAS, 1-THE MALL, FEROZEPURCITY 152 002, PUNJAB; FIROZABAD: BUILDING NO. 68, VIMALA TOWER, OPP. BUS STAND, AGRA ROAD, FIROZABAD 283 203, UTTAR PRADESH ; GADAG: CEEKAY TOWERS, J. T. MUTT ROAD, NEAR GENERAL HOSPITAL, GADAG 582101,KARNATAKA; GANDHIDHAM: PLOT NO.349, SECTOR 12/B, GANDHIDHAM 370201, KACHCHH DISTRICT, GUJARAT; GANGANAGAR (SRIGANGANAGAR): 4-B-22, JAWAHAR NAGAR, ADJACENT TO GUPTA NURSING HOME, GANGANAGAR335001, SRIGANGANAGAR DISTRICT, RAJASTHAN; GANGTOK: NEW MARKET, M.G. ROAD, OPP. HOTEL TASHE DELEK, GANGTOK 737 101, SIKKIM , ; GHAZIABAD: PLOT NO. III, N/30, AMBEDKAR ROAD, NEHRU NAGAR, GHAZIABAD 201001,UTTAR PRADESH ; GIRIDIH: RAJA BANGLA,, MAIN ROAD, GIRIDIH 815 301, JHARKHAND; GORAKHPUR: PLOT NO. 560, MOHALLA PURDILPUR, AD CHOWK, BANK ROAD , GORAKHPUR 273 001, UTTAR PRADESH; GUDIVADA: D.NO.10/156,ELURU ROAD, GUDIVADA 521 301, DISTRICT KRISHNA, ANDHRA PRADESH; GULBARGA: JAWALI COMPLEX , SUPER MARKET, GULBARGA 585 101, KARNATAKA; GUNTUR: 1ST FLOOR, P. R. RAJU PLAZA, 11-1-1, NAAZ CENTRE, GUNTUR 522001, ; GURGAON: SCO-29, SECTOR-14,NEAR HUDA OFFICE, OLD DELHI-GURGAON ROAD,GURGAON-122001, HARYANA; GUWAHATI: GROUND FLOOR, CHIBBER HOUSE, G.S. ROAD, DISPUR, , GUWAHATI 781 005, ASSAM; GWALIOR: GROUNDFLOOR, KANWAL COMPLEX, SHRIMANT MADHAVRAO, SCINDIA MARG, GWALIOR 474002, MADHYA PRADESH; HALDIA: AKASH GANGA COMMERCIAL COMPLEX, BASUDEVPUR, P.O. HALDIA, DISTRICT PURBA MEDINIPUR, PIN 721 602;HARIDWAR: 6, HARI NAGAR, OPPOSITE HOTEL CLASSIC RESIDENCY, MAIN HARIDWAR-DELHI ROAD, HARIDWAR 249 407, UTTARANCHAL; HASSAN: GROUND FLOOR, LALITHA KRUPA, B M ROAD, HASSAN 573 201, HASSAN DISTRICT,KARNATAKA; HISSAR: SCO NO. 177, COMMERCIAL URBAN ESTATE, NO.1, HISSAR 125 001, HARYANA; HOSPET: D.NO.167 & 168, COLLEGE ROAD, OPP. JAYARAM HOSPITAL, HOSPET 583 201, DIST. BELLARY, KARNATAKA; HOSUR: PALANIAPPABUILDING, 10-77-28, BYE PASS ROAD , OPP. BUS STAND, HOSUR 635 109, TAMIL NADU; HUBLI: KALBURGI PLAZA, 163/20A, MAIN ROAD, DESHPANDENAGAR, HUBLI 580 029, KARNATAKA; HYDERABAD: 6-3-879/B, G. PULLA REDDY BLDG.,FIRST FLOOR, BEGUMPET ROAD, HYDERABAD 500 016; ILANJI: PLOT NO.20 & 21, MEENATCHI NAGAR, KURTALAM MADURAI ROAD, ILANJI 627 805, DIST., TIRUNELVELI, TAMIL NADU ; INDORE: KAMAL PALACE, 1, YESHWANT COLONY,Y N ROAD, INDORE 452003; ITANAGAR: TELI PLAZA, NEAR MLA COTTAGE, E SECTOR, NATIONAL HIGHWAY 52A, ITANAGAR 791 111, ARUNACHAL PRADESH ; JABALPUR: 124, NAPIER TOWN, COMMERCIAL AUTOMOBILES BUILDING,SHASTRI BRIDGE CHOWK, JABALPUR 482001, MADHYA PRADESH; JAIPUR: O-15, GREEN HOUSE, ASHOK MARG, C-SCHEME, JAIPUR 302 001; JALGAON: PATEL PLAZA,, C S NO. 2683, A1/17, M G ROAD, JALGAON 425 001, MAHARASHTRA;JALLANDAR (JALANDHAR): 50, BADRI DASS COLONY, MAHAVIR MARG, NEAR BMC CHOWK, , JALANDHAR 144 001, PUNJAB; JALNA: HEAD POST OFFICE ROAD, JALNA 431 203, MAHARASHTRA,; JALPAIGURI: A C COLLEGE OF COMMERCE,JALPAIGURI, BDC ROAD, JALPAIGURI 735 101, WEST BENGAL; JAMMU: GROUND FLOOR, HIGHLAND TOWER, RAIL HEAD COMPLEX, JAMMU 180 004, J & K STATE; JAMNAGAR: MATRU ASHISH, OPPOSITE ST. ANNE’S SCHOOL, PANDIT NEHRUMARG, JAMNAGAR 361 008, GUJARAT; JAMSHEDPUR: VOLTAS HOUSE, NEAR RAM MANDIR, BISTUPUR, JAMSHEDPUR 831 001; JATNI: NANGALIA COMPLEX, JATNI, DIST. KHURDA, ORISSA 752050, ; JAUNPUR: KHASRA NO 87/1 AND 87/2,OLD MUNICIPAL NO. 339, SARAI KAJI KADAM MIYAPUR, KUTCHERY ROAD, CIVIL LINES, JAUNPUR 222 002, UTTAR PRADESH; JHANSI: CITY PLAZA BUILDING, NATRAJ CINEMA COMPLEX, CIVIL LINES, JHANSI 284 001, UTTAR PRADESH;JHARSUGUDA: OPP. HOTEL ARYAN, BY PASS ROAD, PO AND DIST. JHARSUGUDA , PIN 768 201, ORISSA; JODHPUR: SHOWROOM NO.4, PANCHRATAN APARTMENTS, 818, CHOPASNI ROAD, JODHPUR 342 001; KAKINADA: 1ST FLOOR, G R RBUILDINGS,, 13-1-15, SUBHASH ROAD, SURYARAOPETA, KAKINADA 533 001, ANDHRA PRADESH; KANCHEEPURAM: S. NO. 60A, GANDHI ROAD , KANCHEEPURAM 631 501, TAMIL NADU ; KANNUR (CANNANORE): PEEKAY COMMERCIALCOMPLEX, NR. POTHERY NURSING HOME, MUNEESWARANKOIL ROAD, KANNUR 670 001, KERALA; KANPUR: 18/179, THE MALL,, OPP PHOOL BAGH, KANPUR 208 001, DIST-KANPUR, UTTAR PRADESH; KAPURTHALA: 1ST FLOOR, NANHACOMPLEX, MALL ROAD, KAPURTHALA, PUNJAB 144 601, ; KARIMNAGAR: BUSINESS TOWERS, MUKARRUMPURA, KARIMNAGAR 505 002, ANDHRA PRADESH , ; KARNAL: 3/250, 1-SHAKTI COLONY , MALL ROAD, KARNAL 132 001, HARYANA;KARUR: VP TOWERS, NO. 126, KOVAI ROAD NORTH, OPP. AKC PETROL BUNK, KARUR 639 002, TAMIL NADU; KARWAR: SHAAN COMPLEX, 453, GREEN STREET, KARWAR 581 301, KARNATAKA; KASARGOD: D. NO. 442-AARAMANA ARCADE,BANK ROAD, KASARGOD 671 121, KERALA , ; KATIHAR: BASEMENT & GROUND FLOOR, GANGA VENTURES PVT. LTD., SHAHEED CHOWK, KATIHAR, BIHAR, PIN 854105; KEONJHAR: PATTNAIK ESTATE, COLLEGE SQUARE, KEONJHAR 758001,ORISSA , ; KHAMMAM: 11-4-16 & 17, SRI HARSHA COMPLEX, VYRA ROAD, KHAMMAM 507 002, ANDHRA PRADESH; KHARAGPUR: 180/1, MALANCHA ROAD, KHARAGPUR 721 304, PASCHIM MEDINIPUR DISTRICT, WEST BENGAL ; KOLHAPUR:GROUND FLOOR, HOTEL 'PANCHSHIL' BUILDING, 517, SHIVAJI PARK, STATION ROAD, KOLHAPUR 416 001, MAHARASHTRA; KOLKATA: GROUND & FIRST FLOORS, 7, SHAKESPEARE SARANI, KOLKATA 700 071; KOLLAM (QUILON): VAIDYACOMMERCIAL ARCADE, ASRAMAM ROAD, CHINNAKADA, KOLLAM 691 008, KERALA ; KORBA: HINDUSTAN HOSIERY, POWER HOUSE ROAD, KORBA 495 677, CHATTISGARH; KOTA: 414, SHOPPING CENTRE, KOTA 324 007, RAJASTHAN, ;KOTTAYAM: NO.IX - 311, A/ 2, CENTURY TOWERS, NEAR YWCA, M.C.ROAD, KOTTAYAM - 686 001; KRISHNANAGAR (WB): 12, M.M. GHOSH STREET, OPPOSITE TOWN HALL, NEAR MAIN POST OFFICE, P.O. KRISHNANAGAR, DISTRICT NADIA,PIN 741 101, WEST BENGAL; KUMBAKONAM: RAMAN & RAMAN BUILDING, NO.87/48, NAGESHWARAN NORTH STREET, KUMBAKONAM 612 001DIST. THANJAVUR, TAMIL NADU; KURNOOL: 40/581, S.V. COMPLEX, R.S. ROAD, KURNOOL 518004, ANDHRA PRADESH ; LUCKNOW: HALWASIYA HOUSE, 11, M. G. ROAD, HAZRATGANJ, LUCKNOW - 226 001; LUDHIANA: SHOP NO.3, LGF, SURYA TOWERS, 108, THE MALL, LUDHIANA (PUNJAB) 141 001; MACHILIPATNAM: NO.25/305,KENNADY ROAD, BESIDES DURGA MAHAL, JAGANNADHAPURAM, MACHILIPATNAM 521 001, DISTRICT KRISHNA, ANDHRA PRADESH; MADURAI: DOOR NO. 4, GOODS SHED STREET, MADURAI 625 001, TAMIL NADU ; MALAPPURAM:MALAPPURAM – PEEKAY’S ARCADE, DOWN HILL, MALAPPURAM, KERALA 676 519; MALDA: MALDA MUSLIM INSTITUTE , 1 K J SANYAL ROAD, P.O. AND DIST. MALDA, PIN 732 101, WEST BENGAL; MALOUT: KHASRA NO.1792, KHATOUNINO.960, KHEWAT NO.689,, G T, ROAD, MALOUT 152107 MUKTASAR DISTRICT, PUNJAB ; MANGALORE: ESSEL TOWERS, BUNTS HOSTEL CIRCLE, MANGALORE - 575 003, ; MAPUSA: EDEAN CENTER , NEAR ALDONA BUS STAND, ANGODMAPUSA 403507; MARGAO: SHOP NO. 1, 2,3, GARDEN VIEW, PADRE MIRANDA ROAD, MARGAO, SALCETE, GOA 403 601; MAYILADUTHURAI: NEW DOOR NO.144 (OLD NO. 75), T S NO. 300/WARD NO. 2 ,MAHADHANA STREET,MAYILADUTHURAI 609 001 , DIST. NAGAPATTINAM, TAMIL NADU; MEERUT: HOTEL CRYSTAL PLAZA, G -2/47,CIVIL LINES BOUNDARY ROAD, MEERUT 250 001, MEERUT DISTRICT UTTRA PRADESH; MEHSANA: SHOP NO. 1 TO 5 (GROUNDFLOOR), SAKAR CENTRE POINT, NEAR NAGALPUR COLLEGE, HIGHWAY ROAD, MEHSANA, GUJARAT 384 002; MIDNAPUR: 37/3, STATION ROAD , MIDNAPUR 721 101, DISTRICT PASCHIM MIDNAPUR, WEST BENGAL; MIRYALGUDA: OPP.APSRTC BUS STAND, SAGAR ROAD, MIRYALGUDA 508 207, NALGONDA DISTRICT, ANDHRA PRADESH; MOHALI: SCF 113 & SCF 114, PHASE-VII, SECTOR 61, S A S NAGAR, MOHALI 160 062, PUNJAB; MORADABAD: NO.8/10/6, SARAI KHALSA,CIVIL LINES, NEAR HEAD POST OFFICE, MORADABAD 244 001, UTTAR PRADESH; MUMBAI: UNIVERSAL INSURANCE BLDG., GROUND FLOOR, SIR. P. M. ROAD, FORT, MUMBAI 400 001; MUSSOORIE: GARHWAL MANDAL VIHAS NIGAM LTD(GMVN), HOTEL GARHWAL TERRACE, THE MALL ROAD,MUSSOORIE 248 179, UTTARANCHAL; MUZAFFARPUR: RD COMPLEX, CLUB ROAD, KALYANI, MUZAFFARPUR 842 001, BIHAR; MYSORE: HARIPRIYA COMPLEX, TEMPLE ROAD, V VMOHALLA, MYSORE 570 002, ; NADIAD: SHETH MAHAGUJARAT HOSPITAL, COLLEGE ROAD, NADIAD - 387001, ; NAGERCOIL: THAYAMMAL HARRIS TOWERS, NO. 42, COURT ROAD, NAGERCOIL 629 001, KANYAKUMARI DISTRICT ; NAGPUR:1ST FLOOR, SANSKRUTIK SANKUL, JHANSI RANI SQUARE, SITABULDI, NAGPUR - 440 012; NANDED: "NIKHIL HEIGHTS", VAZIRABAD - BUS STAND ROAD, NANDED 431 601, MAHARASHTRA; NARASARAOPET: D. NO. 9-9-9 & 9-9-10, BANKSTREET, ARUNDELPET, NARASARAOPET 522 601, ANDHRA PRADESH ; NASIK: MALPANI PRIDE, BEHIND RAYMOND RETAIL SHOP, NEW PANDIT COLONY, SHARANPUR ROAD, NASHIK 422 005, MAHARASHTRA; NAVSARI: BUILDING ‘A’, PREM
46
ANAND CO-OP HOUSING SOCIETY LTD., NEAR LUNSIKUI GROUND, NAVSARI GANDEVI ROAD, NAVSARI, GUJARAT 396 445; NELLORE: DOOR NO.22/1223/A-1, G T ROAD, NEAR RTC DEPOT, NELLORE 524 003, ANDHRA PRADESH, ; NEWDELHI: "STATESMAN HOUSE", 148, BARAKHAMBA ROAD, NEW DELHI 110 001; NIZAMABAD: 5-6570/3C, C/O. SHAM AGENCIES, HYDERABAD ROAD, NIZAMABAD 503 003, ANDHRA PRADESH; NOIDA: B2-B3, SECTOR 16, NOIDA, U.P. - 201 301,; ONGOLE: DOOR NO.37-1-406/10, TRUNK ROAD, (OPP. LIC OF INDIA), BHAGYA NAGAR, ONGOLE 523 001, ANDHRA PRADESH; OOTY: LINGADEVI COMPLEX, 421, ETTINES ROAD, OOTY (OOTACAMUND) 643 001, TAMIL NADU, ; PAIDIPARRU:RS NO. 12/5, V. SOMASUNDARARAO MANSION, OPPOSITE HERO HONDA SHOWROOM, TADEPALLIGUDEM ROAD, PAIDIPARRU 534 211; PALAI: PUTHUMANA ARCADE, NEAR MUNICIPAL BUS STAND, PALAI 686 575, DIST. KOTTAYAM, KERALA, ; PALAKKAD: CITY CENTRE, ENGLISH CHURCH ROAD, PALAKKAD 678 014, KERALA , ; PANIPAT: 515-515B, WARD NO. 8, GAYLORD HOTEL BUILDING , G.T. ROAD, PANIPAT 132 103, HARYANA ; PANJIM: ATMARAM COMMERCIAL COMPLEX,DR. ATMARAM, BORKAR ROAD, OPP. HOTEL NOVA GOA, PANJIM- 403 001; PANVEL: RAJJE COMPLEX, PLOT NO 198 A, SHIIVAJI CHOWK, PANVEL 410206; PATAN: SHRIDEV COMPLEX, OPPOSITE GPO, STATION ROAD, PATAN 384 265, GUJARAT; PATHANAMTHITTA: KUNNITHOTTATHIL PLAZA, GENERAL HOSPITAL ROAD, PATHANAMTHITTA 689 645, KERALA ; PATIALA: 4464/5, RAJWARA ROAD, OPPOSITE HEAD POST OFFICE, THE MALL ROAD, PATIALA 147 001, PATIALA DISTRICT,PUNJAB ; PATNA: SAKET TOWERS, S.P. VERMA ROAD, PATNA 800 001, BIHAR, ; POLLACHI: 39, KOVAI ROAD, POLLACHI 642 001, TAMIL NADU, ; PONDICHERRY: NO.164, BUSSY STREET, PONDICHERRY 605 001; POOLAPALLE: 1-103, PALAKOLE-BHIMAVARAM ROAD, NEAR PALAKOLE, POOLAPALLE 534 261, WEST GODAVARI DISTRICT, ANDHRA PRADESH; PORBANDAR: BUILDING OF P H WADIA & SONS, GROUND FLOOR, M.G. ROAD, OPPOSITE STATE BANK OF INDIA, PORBANDAR360 575, GUJARAT; PUNE: STERLING PLAZA, PLOT NO.1262/B, JANGLI MAHARAJ ROAD, NEAR DECCAN GYMKHANA, PUNE 411004; PURI: TRIMURTI HEIGHTS, BADASANKHA, GRAND ROAD, PURI 752 002, ORISSA ; PURNIA: KALI BARICHOWK, BHATTA BAZAR, PURNIA 854 301, BIHAR, BIHAR; RAICHUR: MPL NO. 1-10-151 & 152/1 , KUBERA PALACE, STATION ROAD, RAICHUR 584 101, KARNATAKA; RAIPUR: OPP. NEW BUS STAND, JEEVAN BIMA MARG, PANDRI, RAIPUR(C.G.) 492 004, CHATTISGARH, ; RAJAHMUNDRY: D. NO. 7-27-8, VYGRAM ROAD, T. NAGAR, RAJAHMUNDRY 533 101, ANDHRA PRADESH; RAJAPALAYAM: DOOR NO. 662, WARD NO. 33,, TS NO. 74, BLOCK 12, WARD D, TENKASI ROAD,RAJAPALAYAM 626 117, DIST.VIRUDHUNAGAR, TAMIL NADU; RAJKOT: ARADHANA, NR. BANK OF BARODA, , KALAWAD ROAD, RAJKOT - 360 001; RANCHI: NO. 4, 5 A, 5B, WARD NO. 15, GROUND FLOOR , BELOW BATA SHOWROOM, MAINROAD, ALBERT EKKA CHOWK, RANCHI 834001, JHARKHAND; RANIBENNUR: #88, R S NO. 821, P B ROAD, RANIBENNUR , DIST. HAVERI, KARNATAKA, PIN 581115; RASIPURAM: DOOR NO.47, 48, 48A, AARINGAR ANNA SALAI,ATTUR ROAD,,RASIPURAM 637 408, DIST. NAMAKKAL, TAMIL NADU; RATNAGIRI: GROUND FLOOR, HOTEL VIHAR DELUXE, MAL-NAKA, M.D. NAIK ROAD, RATNAGIRI 415 612, MAHARASHTRA; RISHIKESH: BHARAT BAZAAR, 16, ADARSH GRAM, DEHRADUNROAD, , RISHIKESH 249 201; ROHTAK: SHOP NO. 1,, MUNJAL COMPLEX, DELHI ROAD, ROHTAK 124 001, HARYANA; ROORKEE: 343/29, CIVIL LINES, ROORKEE 247 667, UTTARANCHAL ; ROURKELA: GROUND FLOOR, MANGAL KUNJ,KACHERY ROAD, ROURKELA 769 012, ORISSA; SALEM: DOOR NO. 115-1A, SHARPTRONICS SHOPPING COMPLEX, OPPOSITE TVS, OMALUR MAIN ROAD, SALEM 636 009, TAMIL NADU; SANGLI: CITY SURVEY NO. 32/A, AMBRAI ROAD, AZADCHOWK, SANGLI 416 416, MAHARASHTRA; SATARA: ABANJANI, S NO. 257, PLOT NO.2, BHOSALE MALA, G D TAPASE MARG, SATARA 415 009, MAHARASHTRA; SATNA: UPPER GROUND FLOOR, TIWARI TOWERS, REWA ROAD, SATNA 485 001,SATNA DISTRICT, MADHYA PRADESH; SHILLONG: O.B. SHOPPING MALLM, POLICE BAZAR JUNCTION, JAIL ROAD, SHILLONG 793 001, MEGHALAYA; SHIMLA: GF/FF, DURGA COTTAGE, COMMERCIAL COMPLEX, KASUMPTI, SHIMLA - 171009; SHIMOGA: G.R. PRABHU ARCADE, JPN ROAD, 1ST CROSS, SHIMOGA 577 201, KARNATAKA; SILCHAR: "CHOWCHAKRA COMPLEX", SHYAMA PRASAD ROAD, SHILLONG PATTY, SILCHAR 788 001, ASSAM; SILIGURI: SPECTRUM HOUSE,SEVOKE ROAD, SILIGURI 734 401, WEST BENGAL; SIRSA: PLOT NO 17/339 & PLOT NO. 17/340, SANGWAN NURSING HOME COMPLEX, SANGWAN CHOWK, DABWALI ROADSIRSA 125 055, HARYANA ;SIRSI: GROUND FLOOR, KAMATCHAMBERS, HUBLI ROAD, SIRSI 581401, DIST. UTTAR KANNAD, KARNATAKA; SIVAKASI: # 64, N R K R, RAJARATHNAM STREET, SIVAKASI 626 123,TAMIL NADU, ; SOLAPUR: GROUND FLOOR, KANALE KALYAN MANDAP, DUFFERIN CHOWK,RAILWAY LINES, SOLAPUR 413 001, MAHARASHTRA; SRIKAKULAM: NO. 91/P, PALAKONDA ROAD, NEAR KRISHNA PARK, NEXT TO KODANDARAMASAMY KALYANA MANDAPAM, SRIKAKULAM 532 001, ANDHRA PRADESH; SURAT: DIGVIJAYTOWERS, OPP. ST. XAVIER'S SCHOOL, GHOD DOD ROAD, SURAT - 395 001; SURENDRANAGAR: AJMERA CHAMBERS, S. T. ROAD, SURENDRANAGAR 363 002, GUJARAT; TENALI: ANNABATHUNI SATYANARAYANA DEGREE COLLEGE, PRAKASAM ROAD, TENALI 522 201, GUNTUR DISTRICT, ANDHRA PRADESH; THANJAVUR: C/O. LIFE INSURANCE CORPORATION OF INDIA, THANJAVUR MAIN BRANCH,JEEVAN CHOLA BUILDING, TRICHY ROAD, THANJAVUR 613 007,TAMIL NADU; THIRUVANANTHAPURAM (TRIVANDRUM): 2/2421, CONDOR PLAZA,M.G. ROAD, PATTOM, THIRUVANANTHAPURAM 695 004, KERALA; THRISSUR (TRICHUR): CITY CENTRE, XXV/1130, ROUND WEST, THRISSUR - 680 001; TIRUNELVELI: 12, EAST CAR STREET, TIRUNELVELI 627 006, TAMIL NADU; TIRUPUR: 3,COURT STREET, TIRUPUR 641 601, COIMBATORE DISTRICT, TAMIL NADU; TIRUVALLA: 1ST FLOOR, MAR THOMA BUILDING, M.C. ROAD, TIRUVALLA 689 101, KERALA, ; TRICHY (TIRUCHIRAPALLI): NO.75 E/1, SALAI ROAD, NEAR THILLAINAGAR ARCH, THILLAI NAGAR, TIRUCHIRAPALLI 620 018, TAMIL NADU; TUTICORIN: "V.V.D. MAHAAL", 181, PALAYAMKOTTAI ROAD, TUTICORIN 628003, TAMIL NADU; UDAIPUR: 151-152, GROUND FLOOR, PARIHAR BHAWAN, CHETAKMARG, UDAIPUR, RAJASTHAN 313 001; UJJAIN: GROUND FLOOR, HOTEL ASHRAY, 77, DEWAS ROAD, UJJAIN 456 010, MADHYA PRADESH; VADODARA: VARDHAMAN COMPLEX, OPP GB CIRCLE, NEAR PIZZA HUT , RACE COURSE CIRCLE(SOUTH), VADODARA 390 015; VALLABH VIDYANAGAR (ANAND): SHIV SHALIN COMPLEX, OPP. CHEMISTRY DEPARTMENT, NEAR H. M. PATELHOUSE, DSIT : ANAND, GUJARAT, VALLABH VIDYANAGAR - 388 120; VALSAD: SHOP NOS. 1, 2 &4, HALAR ROAD, VALSAD - 396 001, GUJARAT, ; VAPI: HOTEL FORTUNE GALAXY COMPLEX, COMMERCIAL PLOT NO. C7/67, P.N.H. NO. 8, NEAR KOPARLI ROAD, G.I.D.C. VAPI 396 195, DISTRICT VALSAD, GUJARAT; VARANASI: C-19/134, M-B,GROUND & FIRST FLOOR, SHASTRI NAGAR, SIGRA, VARANASI 221 002, UTTAR PRADESH; VASCO: HERITAGE, GROUND FLOOR, SWATANTRA PATH, OPPOSITE SAPNA TERRACES, VVASCO-DA-GAMA 403 802, MARMAGOA, GOA; VELLORE:NO.15/2, NEW DOOR NO.30, OFFICERS LINE, VELLORE 632 001, TAMIL NADU ; VIJAYWADA: GROUND FLOOR, D NO. 59A 1-7, MATHA TOWERS, RING ROAD, NEAR BENZ CIRCLE, VIJAYAWADA 520008; VISHAKHAPATNAM: NO.47-10-24/25,DWARAKA NAGAR, VISAKHAPATNAM 530 016, NO.47-10-24/25, DWARAKA NAGAR, VISAKHAPATNAM 530 016, ANDHRA PRADESH; VISHAKHAPATNAM (GAJUWAKA): ARJUN ARCADE, NH-5, OLD GAJUWAKA, VISHAKHAPATNAM - 530 026, ;VIZIANAGARAM: ‘SITARAMA COMPLEX’, D.NO: 5-1-11A, M G ROAD, VIZIANAGARAM 535 001, ANDHRA PRADESH; YAMUNA NAGAR: MUNICIPAL NO. B-V/282, MODEL TOWN, MELA SINGH CHOWK, SARDAR MELA SINGH KE KOTHI, YAMUNANAGAR 135 001, HARYANA; YAVATMAL: GROUND FLOOR,NAGAR PARISHAD COMMERCIAL COMPLEX, AZAD MAIDAN ROAD, YAVATMAL 445 001,, MAHARASHTRA ;
CITIBANK
AHMEDABAD: 3RD FLR,"REMBRANDT" C.G ROAD, NEAR PANCHVATI CIRCLE, 380 006; AKOLA: CITIBANK N.A YAMUNA TARANG COMPLEX, PLOT NO 2, NATIONAL HIGHWAY - 6, 444004; AURANGABAD: CTS NO 498, NIRALA BAZAAR, OPP.S.B. COLLEGE BUS STOP., 431001; BANGALORE: 506,5TH FLR,PRESTIGE MERIDIAN 2, 30 MAHATMA GANDHI ROAD,, 560 001; BHOPAL: 133 ZONE1 KAYKAY BUSINESS CENTRE,M P NAGAR,OPP HOTEL RESIDENCY, 462011; BHUBANESHWAR:UNIT 3 ,98 JANPATH STATION SQUARE, 751001; CHANDIGARH: SCO132/133,SECTOR 9C,MADHYA MARG, 160 017; CHENNAI: NO.2 CLUB HOUSE ROAD, 3RD FLOOR, , 600 002; COIMBATORE: 1ST FLR, TRISTAR TOWERS, 657 AVANASHI ROAD, 641 037; HYDERABAD: CITIBANK N.A , QUEENS PLAZA, S.P. ROAD, BEGUMPET, SECUNDERABAD :- 500003, 500003; INDORE: UG 1, APOLLO SQUARE,7/2 RACE COURSE ROAD,OPP NARAYAN KOTHI,SAWARKAR PRATIMA CHOWK, 452007;JAIPUR: 2ND FLR,BHAGWATI BHAWAN, GOVT HOSTEL CROSSING,MI ROAD, 2ND FLOOR, 302 001; JALANDHAR: 36 GOBIND NIWAS,G T ROAD, 144001; KOCHI: 1ST FLOOR RAVI'S ARCHADE, DOOR NO.,38/1581,PADMA JUNCTION,M G ROAD,682 035; KOLKATA: KANAK BLDG, 1ST FLOOR, 41,CHOWRINGHEE ROAD,, 700 071; LUCKNOW: 17/1, AMREN HOUSE, ASHOK MARG,OPP:-SIDBI, 226001; LUDHIANA: LUDHIANA STOCK EXCHANGE BUILDING, GROUND FLR ,FIROZ GANDHIMARKET,, 141 001; MUMBAI: 4TH FLR, 224, D.N. ROAD,FORT HOUSE, FORT, 400 001; NASIK: RISHURAJ PRESIDENCY,PLOT NO.52 & 53,D'SOUZA COLONY, COLLEGE ROAD, 422005; NEW DELHI: 4TH FLR ,JEEVAN BHARTI BLDG 124,CONNAUGHT PLACE, 110 001; PONDICHERY: NO.22,RUE BUSSY STREET,LAL BAHADUR SHASTRI STREET, 605001; PUNE: 2413, PAMAR HOUSE, EAST STREET, 411001; SURAT: 1ST FLOOR, 14 ADARSH SOCIETY, GHODDOD RD.,OPP.KAKADIACOMPLEX,, 395007; VADODARA: PELICAN, 1ST FLOOR , OPPOSITE RACE COURSE TOWERS,GOTRI RD,, 390007; VAPI: THE EMPEROR, 1ST FLOOR, VAPI-DAMAN ROAD;CHALA, 396191
HDFC
AGRA: SHOP NO F3,F3-A, 1ST FLOOR , FRIEND'S PLAZA , SANJAY PLACE , 282 002; AHMEDABAD: ASTRAL BUILDING , NEXT TO HDFC HOUSE, OPPOSITE RELIANCE GENERAL INSURANCE BUILDING, NEAR MITHAKHALI SIX ROADS ,NAVRANGPURA, 380 009; AHMEDNAGAR: AMBER PLAZA ,STATION ROAD, OPP ADCC BANK SAHAKAR GRUH, 414 001; AJMER: AMC NO - 13/10 & 14/10, NEAR SUCHMA KENDRA , ADAJCENT TO SWAMI COMPLEX, 305 001; AKOLA: SETHIHEIGHTS , OPP TO COLLECTOR OFFICE, Z P ROAD, 444 001; ALIGARH: 3-316 RAMGHAT ROAD, NEAR DEVI TRAY HOSPITAL , 202 001; ALLAHABAD: 2ND FLOOR , ABOVE HONDA SHOWROOM, 58 , SARDAR PATEL MARG , CIVIL LINES , 211001; ALWAR: BHAGAT SINGH CIRCLE, ROAD NO 2 , 301 001; AMBALA: SHINGAR PALACE COMPLEX, NICHOLSON ROAD, 133 001; AMRAVATI: C/O RASIK PLAZA , JAISTAMBH CHOWK, MORSHI ROAD, 444 601; AMRELI: 2 MANEKPURA, STATIONROAD, 365 601; AMRITSAR: 1ST FLOOR , 26 KENNEDY AVENUE, COURT ROAD, 143 001; ANAND: 1ST FLOOR , SANKET TOWERS, OPP ANAND ARTS COLLEGE , GRID ROAD, 388 001; ANKLESHWAR: COMMERCIAL PLOT - 73 / P ,, GIDC ESTATE,S A MOTORS BUILDING, 395 002; ASANSOL: CMS DEPT, P C CHATTERJEE MARKET , G.T ROAD , RAMBHANDU TALA, 713 303; AURANGABAD: SHIVANI CHAMBERS, MANJEET NAGAR , JALNA ROAD , OPP AKASHWANI, 431 001; BAGALKOT:CTS NO 121 , B.S NO 39, WARD X , OPPOSITE RAILWAY STATION, 587 102; BALASORE: C/O BHARAT MOTORS, F.M CIRCLE, 756 001; BANGALORE: NO 8 / 24 SALCO CENTRE, RICHMOND ROAD, 560 025; BARDOLI: SHREE AMBIKA NIKETANTEMPLE, SHREE AMBIKA NIKETAN TEMPLE, 394 601; BARIELLY: 154 , KRISHNA PALACE, CIVIL LINES, 243 001; BARODA: 5TH FLOOR , MIDWAY HEIGHTS, NEXT TO PANCHMUKHI HANUMAN TEMPLE , LOKMANYA TILAK ROAD ,KIRTIMANDIR ,NEAR KALA GHODA , RAOPURA BARODA - 390 001, 390 001; BATALA: SCF 173-174 JALANDHAR ROAD BATALA, , 143 505; BEGUSARAI: KACHARI CHOWK, , 851 101; BELGAUM: 3 RD FLOOR , KHIMJIBHAI COMPLEX, , 590 006;BHAGALPUR: KHALIFA BAGH CHOWK ,, TRIVENI APARTMENTS , DR R P ROAD , 812 002; BHARUCH: NEAR OCTROI NAKA LINK ROAD, NEAR OCTROI NAKA , LINK ROAD, 392 001; BHATINDA: 3027 - B GURU KANSHI MARG, , 151 001;BHAVNAGAR: 1ST FLOOR , GOPI ARCADE, OPP TAKHTESHWAR POST OFFICE , WAGHAWADI ROAD, 364 001; BHILAI: CHAUHAN ESTATE, G.E ROAD , SUPELA, 490 023; BHILWARA: 2-3-4 , S.K PLAZA COMPLEX, PUR ROAD , 311 001; BHIWADI:SP 54 ASHIANA ARCADE, RIICO INDUSTRIAL AREA, 301 019; BHIWANI: S 175 D MEHAM CHOWK, , 127 201; BHOPAL: SERVICE BRANCH , 1ST FLOOR , Z-1 , ZONE 1, M P NAGAR, 462 011; BHUBANESHWAR: BUSINESS PARK, FIRST FLOOR ,C111 , SAHEEDNAGAR, 751 007; BHUJ: 101 & 102 SUNRISE TOWER, 11 - VIJAYNAGAR SOCIETY , HOSPITAL ROAD, 370 001; BHUSAVAL: MANSINGH COMPLEX , C.T.S NO 3294, H NO 4 / 285 , JAMNER ROAD, OPPOSITE CSM COMPLEX , 425201; BIKANER: ROSHAN PLAZA, RANI BAZAR, 334 001; BILASPUR: A - 99 LINK ROAD, NEAR AGRASEN CHOWK , BILASPUR C.G, 495 001; BOKARO: B-9 CITY CENTRE , SECTOR IV, B - 9 , CITY CENTER , SECTOR IV , BOKARO STEEL CITY, 827004; BURDWAN: 45 G.T ROAD, BIRHATA , 713 001; CALICUT: 3RD FLOOR , SIMAX TOWER, KANNUR ROAD , NADAKKAVU , 673 013; CHANDIGARH: SCO 371 / 372, SECTOR 35 - B, 160 034; CHANGANACHERRY: CMS DEPT , GOLDEN TOWER,GOLDEN TOWER , M C ROAD , VEZHAKATTIUCHIRA , 686 101; CHENGANNUR: GOVT HOSPITAL JUNCTION, , 689 121; CHENNAI: MARIAM CENTRE , GROUND FLOOR, 751 B , ANNA SALAI, 600 002; COCHIN: 1ST FLOOR, SL PLAZA,PALARIVATTOM, 682 025; COIMBATORE: 1635 CLASSIC TOWER, TRICHY ROAD, 641 018; CUDDAPAH: 72 - 1A , DWARKA NAGAR , BESIDE SANDHYA THEATRE , NAGARAJU , PALLI VILLAGE, 516 001; CURCHOREM: CMS DEPT, MOPKARCHAMUNDA , GROUND FLOOR ,NEAR POST OFFICE , CURCHOREM - SANGUEM ROAD , 403 706; CUTTACK: BAJRAKBATI ROAD, , 753 001; DAHANU: MATRUASHISH BUILDING , IRANI ROAD , DAHANU ROAD, 401 602; DAMAN: ARC SHOPPINGMALL, DILIP NAGAR, TEEN BATTI, 396 210; DARBHANGA: NATRAJ BHAWAN, TOWER CHOWK, 846 004; DAVANGERE: NO 621 , BHM ENCLAVE, BINNY CO ROAD , MANDIPET, 577 002; DEHRADUN: 56 , RAJPUR ROAD, UTTARANCHAL, 248 001;DELHI: FIGOPS , IST FLOOR, KAILASH BUILDING , 26 K G MARG, 110 001; DEOGARH: ASSAM ACCESS ROAD, NEW TOWER CHOWK , 814 112; DHANBAD: SRI RAM PLAZA , 1ST FLOOR, BANK MORE DHANBAD, 826 001; DHARAMSALA: 363 /6 CENTRE POINT, CIVIL LINES , 176 216; DHULE: LANE NO 6 , MUNDADA ARCADE, PAROLA ROAD , 425 001; DURGAPUR: BALAI COMMERCIAL COMPLEX , 3RD FLOOR, NACHAN ROAD , BENACHITY, 713 213; ERODE: 456 BROUGH ROAD,, 638 001; FAZILKA: MC 594, GAUSHALA ROAD, , 152 123; FEROZEPUR: CMS DEPT, BUILDING 307 / 7 , THE MALL , FEROZPUR CITY, 152 002; GANDHIDHAM: PLOT NO 1 , SECTOR 8, RABINDRANATH TAGORE ROAD , NEAR GPO , 370 201;GAYA: NEAR GANTA GHAR, K.P ROAD, 823 001; GONDAL: GROUND AND FIRST FLOOR, COLLEGE CHOWK , NEXT TO CENTRAL BANK OF INDIA , 363 031; GORAKHPUR: CMS DEPT , PRAHLAD RAI TRADE CENTRE, AYODHYA CROSSING ,BANK ROAD, 273 001; GUNTUR: 87-90 , MAIN ROAD, LAKSHMIPURAM, 52 2007 ; GURDASPUR: CMS DEPT , SCF-1& 2 SHOPPING COMPLEX,, IMPROVEMENT TRUST MARKET, HANUMAN CHOWK, 143 521; GUWAHATI: FANCY BAZAR BRANCH- WBO, MISHRA COMPLEX JAIL ROAD, 781 001; GWALIOR: BLOCK G1 , PLOT NO . 43, ANAND DEEP BUILDING ,CITY CENTRE, 474 011; HAJIPUR: VIMAL COMPLEX, DAK BANGLOW COMPLEX , OPP T V S SHOWROOM, 844 101; HALDWANI:
47
8/6 , NAINITAL ROAD, BHOTIA PRAO , 263 141; HAMIRPUR: HOTEL PARADISE NEW ROAD NATIONAL HIGHWAY - 88, , 177 001; HAZARIBAGH: ANNADA CHOWK, GURU GOBIND SINGH ROAD, 825 301; HIMMATNAGAR: G.F SHOP NO 5-8 &FIRST FLOOR 4 - 9, KUMAR HOUSE , DURGA OIL MILL COMPOUND, 383 001; HISAR: PLOT NO 3 - 4, MCA AREA RAILWAY ROAD HISAR, 125 001; HOSHIRAPUR: SCO 1-2-3 , SCHEME NO 11 , IMPROVEMENT TRUST MARKET CHANDIGARHROAD, 146 001; HOSUR: NO. 24 & 25, MARUTHI NAGAR, NEAR DHARGA, SIPCOT PO, 635 126; HUBLI: T B REVANKAR COMPLEX, VIVEKANAND HOSPITAL ROAD, 580 029; HYDERABAD: 1-10-60/3, I & III FLOOR, SURYODAYA , BEGUMPET,500 016; ICHALKARANJI: HOUSE NO 7 - 55 , MAIN ROAD , JANATA CHOWK, 416 115; INDORE: 1ST FLOOR , SCHEME NO 94 - SECTOR B, BEHIND BOMBAY HOSPITAL , RING ROAD, 452 010; JABALPUR: 1702 , NAIPER TOWN , MODEL ROAD, 482 002;JAGADHRI: FIRST FLOOR , PLOT NO 1, RAJESH NAGAR COLONY , AMBALA ROAD, 135 003; JAGRAON: 368 B , KAPOOR BUILDING, TEHSIL ROAD, 142 026; JAIPUR: 1ST FLOOR ,O - 10 , ASHOK MARG, AHIMSA CIRCLE , C SCHEME, 302 001;JALANDHAR: 911 , NEAR NARINDER CINEMA, G T ROAD, 144 001; JALGAON: PLOT NO 134 / 135 , DSP CHOWK , FACING MAHAL ROAD, 425 001; JAMMU: CB 13 , RAILHEAD COMPLEX, GANDHI NAGAR , JAMMU TAWI, 180 001; JAMNAGAR:PLOT NO 6 , PARK COLONY, ST ANN'S SCHOOL , BEDI BUNDER ROAD, 361 008; JAMSHEDPUR: C/O MITHILA MOTORS LTD, NEAR RAM MANDIR , BISTUPUR, 831 001; JHANSI: DAMROO CINEMA COMPLEX, CIVIL LINES, 284 001; JIND: SCF -5 NEAR RANI TALAB , , 126 102; JODHPUR: PLOT NO 57 / B , 9TH CHOPASANI ROAD, 342 003; JUNAGADH: MOTI PALACE , GROUND FLOOR, OPP RAIJINAGAR, 362 001; KADI: RADHASWAMI COMPLEX ,R.S NO 242, , NR N.C. DESAI PETROLPUMP , HIGHWAY CHAR RASTHA, 382 715; KAITHAL: 1450-1451-A/4 AMBALA ROAD, NEAR PEHOWA CHOWK, 136 027; KANGRA: OPP GOVERNMENT POLYTECHNIC, , 176 001; KANNUR: CMS DEPT, K V R TOWERS, SOUTH BAZAR ROAD,, 670002; KANPUR: NAVIN MARKET BRANCH, 15/46 CIVIL LINES , 280 001; KAPURTHALA: MGN SCHOOL, MALL ROAD, 144 601; KARAD: NEAR HOTEL SANGAM, PUNE BANGALORE HIGHWAY, 415 110; KARNAL: SCO 778-779, OPP MAHABIR DALHOSPITAL , KANJPURA ROAD, 132 001; KARUR: 126 / D / E , ANNA PLAZA , KOVAI ROAD, 639 002;KHANNA: SECOND FLOOR , RAVINDRA COMPLEX, G.T ROAD , OPPOSITE BUS STAND , 141 401;KOLHAPUR: GEM STONE , RAOSAHEB VICHARECOMPLEX, 517 , E WARD , NEW SHAHUPURI , NEAR CENTRAL BUS STAND AND PARIKH POOL , 416 001; KOLKATA: ABHILASHA II ,6, 1ST FLOOR, 6 ROYD STREET, 700 016;KOTA: SHOW ROOM NO 13 - 14, MAIN JHALAWAR ROAD, 324 007;KOTKAPURA: B -X/740 FARIDKOT ROAD, , , 151 204; KOTTAYAM: 3RD FLOOR , UNITY BUILDING , OPP MDC CENTRE, K K ROAD, 686 002; KURUKSHETRA: CMS DEPT , SHOP NO 1 TO 5 , KALAWATI MARKET, RAILWAY ROAD, 136 118; LATUR:SHRI PRABHA ARCADE , SHOP NO 3-6, M.G ROAD , NEAR NAGAR PARISHAD , OPP TOWN HALL, 413 512; LUCKNOW: PRANAY TOWER,DARBARI LAL SHARMA MARG, BESIDE PRATIBHA CINEMA , 226 001; LUDHIANA: CMS DEPT , 5TH FLOOR,MALL ROAD, 141 001; MADURAI: NITHTYA KALYANI TOWERS , NO 34, KRISHNAYAR TANK STREET, NO . 8 , NORTH VELI STREET, 625 001; MANDI GOBINDGARH: HUKUM CHAND BANSAL BUILDING, MAIN POST OFFICE RODA, 147 301;MANGALORE: M.N TOWERS, KADRI, 575 002; MANJERI: CMS DEPT ,KURIKAL PLAZA, BLDG #20/1245 KACHERIPADY, MALAPURRAM ROAD, 676 121; MAPUCA: S 1 / 2 GROUND FLOOR , COSMOS TOWERS, NEAR GOVT BLDG COMPLEX, 403507; MARGOA: RANGHAVI BUILDING ,OPP MUNICIPALITY GARDEN, DR GEORGE BARETTE ROAD, 403 601; MATHURA: CMS DEPT, OPS BSA COLLEGE, GAUSHALA RAOD, 281 001; MEERUT: 1ST FLOOR ,381 WESTERN KUTCHERY ROAD, ,250 001; MEHSANA: PRABHU COMPLEX , NEAR RAJ KAMAL PETROL PUMP, ABHU HIGHWAY, 384 002; MOGA: G.T ROAD, OPP D.C OFFICE, 141 001; MORADABAD: CHADDHA SHOPPING COMPLEX, GMD ROAD, 244 001; MORVI: OM SHOPPINGCENTER, REVAPUR MAIN ROAD, 363 641; MUMBAI: MANECKJIWADIA BUILDING, NANIK MOTWANI MARG, 400 023; MUZZAFARNAGAR: 53/4 -A BHAG KAMBAL WALA, JANSAT ROAD , NEW MANDI, 251 001; MUZZAFARPUR: ABOVE MARUTISHOWROOM, CHOTI SARIA GANJ, 842 001; MYSORE: MYTHIRI ARCADE, 1ST MAIN , SARASWATHIPURAM, 570 009; NABHA: SCO 14-15, PATIALA GATE, 147 201; NADIAD: SHOOT OUT BUILDING , NADIAD ICE FACTORY COMPOUND, COLLEGEROAD, 387 001; NAGPUR: 303 & 304 3RDFLOOR , WARDH ROAD, 12, MILESTONE, NEAR LOKMAT SQUARE, , 440 010; NARNAUL : OPP S P RESIDENCE MAHINDER GARH ROAD, , 123 001; NASIK: ARCHIT CENTRE , 3RD FLOOR , CHANDAKCIRCLE LINK ROAD, OPP SANDEEP HOTEL , NEAR MAHAMARG BUS STAND, 422 002; NAVSARI: NANDINI COMPLEX , GROUND FLOOR, STATION ROAD , SANDH KUVA, 396 445; NAWANSHAHAR: B 1 / 48, BANGA ROAD, 144 514; NELLORE:G.T ROAD, , 524 001; PALAKKAD: 8 / 246, CHANDRA NAGAR, 678 007; PALANPUR: PARTH COMPLEX , NEAR COZY TOWER, OPP JORAVAR PALACE, 385 001; PANIPAT: 801 / 4 , G.T ROAD, , 132 103; PANJIM: SWAMI VIVEKANAND ROAD, 301 ,MILROC LAR MENEZES,OPP GOMANTAK MARATHA SAMAZ, 403 001; PATHANAMTHITTA: CMS DEPT , ABAN ARCADE WARD # 9/1128, PATHANATHITTA-KUMBAZHA ROAD, , 689 645; PATIALA: S.C.O 1150 , FIRST FLOOR , LEELA BHAWAN ,147 001; PATNA: RAJENDRA RAM PLAZA, EXHIBITION ROAD, 800 001; PERINTHALMANNA : CALICUT ROAD, PERINTHALMANNA , MALAPPURA DIST, 679 322; PHAGWARA: KALRA ROAD , OPP HANUMAN GARHI MANDIR, G.T ROAD, 144401; PONDA: ROYAL CHAMBERS , GD1 -GD4, TISK, 403 401; PONDICHERRY: TS NO 6 , 100 FEET ROAD, ELLAIPILLAICHAVADY, 605 005; PORBANDAR: OM SHIV SAKTHI, R D CHAMBER, 360 575; PUNE: FORTUNE SQUARE, MODEL COLONY ,411 016; QUILON: VGP BUILDINGS , DOOR NO XVI / 1539 (1320A), VADAKUMBHAGOM WARD , IRUMPUPALAM, 691 001; RAIPUR: CHAWLA TOWER, NEAR BOTTLE HOUSE, SHANKAR NAGAR, 492 001; RAJAMUNDRY: H.NO : 46-17-20, MAINROAD, DANAVAIPET, 533 103; RAJAPALAYAM: NO 251 , THENKASI ROAD, KADAMBANKULAM, 626 117; RAJKOT: OPP ALFRED HIGH SCHOOL, 2ND FLOOR , PANCHRATNA BLDG , JAWAHAR ROAD, 360 001; RAJPURA: 11 - 12 BLOCK B,CHANDIGARH PATIALA ROAD, 140 401; RAMGANJMANDI: SHANTI SADAN , OPPOSITE SBBJ , BAZAR NO - 1, RAMGANJ MANDI, 325 519; RAMGARH: NH - 33 , MAIN ROAD, RAMGARH CANTONTMENT , 829 122; RANCHI: ROHINI 1ST FLOOR, 56 CIRCULAR ROAD, 834 001; RANIGANJ: NSB ROAD , PLOT NO 408, 713 347; RATLAM: 90 , STATION ROAD, , 475 001; REWARI: L-203. OLD COURT ROAD, MODEL TOWN, 123 401; RISHIKESH: M NO 53 , M J MALL , RAILWAY ROAD, 249 201;ROHATAK: JAWAHAR MARKET , OPPOSITE D PARK, DELHI ROHTAK ROAD, 124 001; ROORKEE: 313 / 8 , CIVIL LINES , , 247 667; ROPAR: SOHANA CHANDIGARH RD , COLLEGE ROAD , 141 001; ROURKELA: BISRA ROAD , DWIVEDI BHAWAN,DWIVEDI SQUARE, 769 001; RUDRAPUR: PLOT NO1&2,NANITAL ROAD , PLOT NO1&2,NANITAL ROAD , 263 153; SAHARANPUR: MISSION COMPOUND, COURT ROAD, ADJOINING TOP SHOP, 247 001; SALEM: 5 / 241 - F , RATHNA ARCADE,OMALUR MAIN ROAD, 636 004; SAMBALPUR: NAYAPARA, GOLBAZAR CHOWK, 768 001; SANGAMNER: SHOP NO 1 , JANAK PLAZA, OPPOSITE KUBERA SANKUL , NEW NAGAR ROAD, 422 605; SANGLI: 640 , VENKATESH SENATE, MIRAJ ROAD,414 416; SANGRUR: SHOP NO. 1-2-3 KAULA PARK MARKET, SHOP NO. 1-2-3 KAULA PARK MARKET, 148 001; SHILLONG: POLICE BAZAR, , 793 001; SHIMLA: JANKIDAS BUILDING,, 3, THE MALL , 171 001; SHIMOGA: NO 447 , SHARAVATHICOMPLEX, SAVERLANE ROAD, 577 201; SILIGURI: 3 NO , RAMKRISHNA SAMITY BUILDING, SEVOKE ROAD, PANI TANKI MORE,, 734 401; SILVASSA: 1-16 JAYPEE HOUSE , OPP PATEL PETROL PUMP, VAPI SILVASSA ROAD, 396 230;SINDHANUR:R.K COMPLEX , KUSHTAGI ROAD, 584 128; SOLAN: ANAND BHAVAN, NEAR DC OFFICE , RAJGARH ROAD, 173 212; SOLAPUR: SUN PLAZA , 1ST FLOOR , 8516 / 11, MURARJI PETH , LUCKY CHOWK , 413 007; SRINAGAR: M.SSHOPPING MALL , , RESIDENCY ROAD, 190 001; SURAT: 7TH FLOOR, KASHI PLAZA, NEXT TO DR BIPIN DESAI CHILDREN HOSPITAL , MAJURA GATE, 395 002; SURENDRANAGAR: MIDDLE POINT , NEAR MILAN CINEMA, 363 002; THALASSERY:AVK NAIR ROAD, , 670 001; THENI: NO 422 - A , PERIYAKULAM ROAD, OPPOSITE CONVENT , THENI ALLINAGARAM, 625 531; THIRUVALLA: ILLAMPALLIL BUILDINGS, 26/149(1&2), MC ROAD, 689 101; TIRUNELVELI: 12 ,13 TRIVANDRUMHIGH ROAD, VANNARPET , PALAYAMKOTTAI, 627 002; TIRUPATHI: H.NO 10 - 14 - 575 / A3, MOSQUE ROAD , V.V MAHAL ROAD, 517 501; TIRUPUR: 2ND FLOOR , 169 ,CHIDAMBARAM COMPLEX, KUMARAN ROAD, 641 604; TIRUR: KMS TOWER, THAZEPALAM, , 676 101; TRICHUR: GLOBAL CENTRE, M G ROAD, 680 004; TRICHY: A - 10 , LAKSHMI ARCADE, 11TH CROSS MAIN ROAD , THILLAINAGAR, 620 018; TRIVANDRUM: KENTON TOWERS, VAZHUTHACAUD, 695 014; UDAIPUR:358 POST OFFICE ROAD, CHETAK CIRCLE , ADJACENT TO CHETAK CINEMA, 313 001; UDUPI: PANDURAN TOWERS , COURT ROAD , DIANA CIRCLE, 576 101; UNJHA: SUVIDHI COMPLEX, 1 ST FLOOR, NR. RADHA KRISHNA TEMPLE,, STATIONROAD, 382 170 ; VALSAD: 1ST FLOOR ,EKTA APPT , NEAR R J J HIGH SCHOOL, THITHAL ROAD, 396 001; VAPI: 1ST FLOOR , KANTA TRADE CENTRE, BEHIND ASOPALAV HOTEL,GIDC CHAR RASTA, 396 195; VARANASI: D 58 / 2 KUBER COMPLEX,RATHYATRA CROSSING, 221 010; VASCO: GROUND FLOOR , DAMODAR BUILDING, SWATANTRA PATH, 403 802; VELLORE: NO 73 , OFFICERS LINE, KRISHNA NAGAR, 632 001; VERAVAL: AMRUTDEEP , OPP PUBLIC GARDEN, RAJAMAHALROAD, 362 265; VIJAYWADA: 40 - 1 -48 / 2 , M.G ROAD, LABBIPET, 520 010; VISHAKAPATNAM: 1ST FLOOR , PODURI CASTLE, ABOVE RAYOMOND SHOWROOM DWARKA NAGAR, 530 016; WARANGAL: NO 1-8-605 / 1 NAKKALGUTTA,HANAMKONDA, 506 002;
IDBI BANK
AHMEDABAD: IDBI COMPLEX, LAL BUNGALOWS OFF. C.G. ROAD, AHMEDABAD - 380006; AHMEDNAGAR: CMS DESK,210, PALASHIKAR BUILDING,NEAR SHAMI GANPATI,DELHI GATE,AHMEDNAGAR- 414001 ; AKOLA: ALSI COMPLEX, OPP.OPEN THEATRE, P.B.NO. 66, TAJNA PETH, AKOLA - 444001; AMRAVATI: TANK PLAZA, 1ST FLOOR ,AMBADEVI ROAD, AMRAWATI - 444601; ANKLESHWAR: IDBI BANK LTD., CMS DESK, GANESH AGENCY BUILDING, NEAR KANMAL SHOPPING,OLD NH-8, ANKLESHWAR - 393 002, GUJARAT ; AURANGABAD: RAGHBIR CHAMBERS, VIDYA NAGAR JALNA ROAD AURANGABAD - 431003; BANGALORE: IDBI HOUSE, 58 MISSION ROAD, BANGALORE - 560027; BARAMATI: CMS DESK,VAIDYAPRATISHTAN BLDG,CINEMA ROAD,INDAPUR CHOWK P B NO.19,PUNE,MAHARASHTRA,BARAMATI - 413102 ; BARODA: CONCORDE, R.C. DUTT ROAD, ALKAPURI, BARODA - 390007; BELGAUM: 3493/1B COLLEGE ROAD BELGAUM - ;BHAVNAGAR: RADHESHYAM COMPLEX, WAGHAWADI ROAD, BHAVNAGAR - 364001; BHILAI: NEW ERA, 19 PRIYADARSHNI PARISAR, NEHRU NAGAR SQUARE, BHILAI - 490020; BHOPAL: PLOT NO. 43, OPPOSITE RANG MAHAL NEW MARKETT. T. NAGAR BHOPAL - 462003; BHUBANESWAR (HIGH VALUE CLG THROUGH RTGS ONLY FROM 09.03.2009 ONWARDS ): IDBI HOUSE, JANPATH, UNIT IX, BHUBANESHWAR - 751022; CALICUT (KOZHIKODE): CTY PLAZA YMCA CROSS ROADKOZHIKODE - ; CHANDIGARH: SCO 55-56-57, MADHYA MARG, SECTOR 8, CHANDIGARH - 160018; CHENNAI: RPU MURUGESA NAICKER COMP. 3 RD FLOOR 68 GREAMS RD CHENNAI - 600006; CHITTORGARH: B-1 MEERA MARKETCHITTORGARH - ; COIMBATORE: 1078, VISCOSE TOWERS, 1078, AVINASHI ROAD, COIMBATORE - 641018; DEHRADUN: 59/4, RAJPUR ROAD, DEHRADUN - 248 001; DELHI -RPU / GURGAON: RPU - NORTH, 11 B / 8 BASEMENT, TEWARIHOUSE, OPPO. METRO PILLAR 136, PUSA ROAD, RAJENDAR PALACE, NEW DELHI - 110060; DEWAS: CMS DESK, UG, SHOP NO. 6 & 7, DIAMOND TOWERS, A.B ROAD, DEWAS - 455 001, MADHYA PRADESH; DHULE: 2078,DIAMA BLDG., GALLINO. 6, DHULE - 424001; ERODE: 66, AANOOR AMMAN COMPLEX SATHY MAIN ROAD ERODE - ; FARIDABAD: RPU 65 MM ROADNEW DELHI - 110055; GWALIOR: CHAMBER BHAVAN SDM ROAD, GWALIOR - 474009; HIMMATNAGAR: ,SHREEJI COMPLEX, OPP: CIVIL HOSPITAL, SABARKANTHA DISTRICT, HIMMATNAGAR, HYDERABAD: MAHAVIR HOUSE, BASHEERBAGH SQUARE, HYDERABAD - 500029; GUJARAT - - 383001; HUBLI: GIRIRAJ ANNEXE , TRAVELLER'SBUNGLOW ROAD, HUBLI - 580029; ICHALKARANJII: MUKTA SAINIK VASAHAT,WARD NO.9, THORAT CHOWK, DIST. KOLHAPUR. ICHALKARANJI - 416115.; INDORE: ALANKAR CHAMBERS, RATLAM KOTHI, A. B. ROAD, INDORE - 452001;JABALPUR: SHUKLA BHAWAN 1415,WRIGHT TOWN JABALPUR - 482002; JAIPUR (HIGH VALUE CLG THROUGH RTGS ONLY FROM 15.11.2008 ONWARDS ): D-24 DURLABH NIWAS, PRITHVIRAJ ROAD,C SCHEME , JAIPUR - 302001; JALGAON:KHANDESH MILLS COMPLEX, NEHRU CHOWK, P.B.NO 7, JALGAON - 425001 ; JALNA: CMS DESK,SHITAL PLAZA NEAR ALANKAR,M.G.ROAD, NEW JALNA,P B NO. 74,JALNA -431203; JULLANDHAR: BOMBAY PALACE, 136, JAWAHARNAGARCOOL ROAD JALANDHAR - 144001; JUNAGADH: , CMS DESK, MARY GOLD-2 COMPLEX, OPP BAHHAUDIN COLLEGE, COLLEGE ROAD, JUNAGADH GUJARAT - - 362001; KAKINADA: 43-1-28 MAIN ROAD KAKINADA - ; KANPUR:JEEVAN VIKAS M.G. ROAD, NEAR STATUE JUNCTION KANPUR - 208 001; KARAD: CMS DESK,223/11, WANKAR BLDG,SHANIWAR PETH,TALUKA - KARAD,DIST : SATARA - 415 110 MAHARASHTRA; KATNI: IDBI BANK LTD., CMS DESK, SAROJINIMANSION, HANUMAN GANJ, RAMLEELA GROUND, GHANTA GHAR, KATNI - 483501, MADHYA PRADESH; KISHANGARH: KABRA SADAN, AJMER - JAIPUR ROAD, MADANGANJ, KISHANGARH - 305801; KOCHI: DHANWATARI BUILDING, NEARPADMA THEATER M.G. ROAD, COCHIN - 682035; KOLHAPUR: S-3 TO 7, ROYAL HERITAGE BLDG OPP.BASANT BAHAR THEATRE,ASSEMBLY ROAD KOLHAPUR - ; KOLKATA : REGIONAL PROCESSING UNIT ( EAST ), CMS OPERATIONS DEPARTMENT, 6, ROYD STREET, ABHILASHA ANNEX,FIRST FLOOR, BESIDE RBI NCC, KOLKATA - 700016; KOTTAYAM: THEKKEKARAYAN TOWERS MUTTAMBALAM POSTKANJIKUZHY KOTTAYAM - 686004; LATUR: CMS DESK,KAMDAR ROAD,ASHA SADAN,HANUMAN CHOWK P B NO 4,LATUR-413512; LUCKNOW: DHAN COMPLEX, 15, ASHOKA MARG, LUCKNOW - 226001; LUDHIANA: 107, THE MALL ROAD, LUDHIANA - 141001; MADURAI: KARTHIK RAJA COMPLEX 1/1 VINAYAGA NAGARMELUR ROAD, K. K. NAGAR, MADURAI- 625020; MANGALORE: METALCO PLAZA, HIGHLAND ROAD,FALNIR,KANKANADY, MANGALORE - 575001; MHOW: RED CROSS HOSPITAL PREMISES, PLOWDEN ROAD, MHOW - 453441; NARIMAN POINT: MITTAL TOWER, 'C' WING,GROUND FLOOR,NARIMAN POINT, MUMBAI - 400021;NAGPUR: GUPTA HOUSE PLOT NO. 1, RAVINDRA NATH TAGORE MARGCIVIL LINES NAGPUR - 440001; NASIK: PRATHAMESH APARTMENT THATTENAGARGANGAPUR NASHIK - ;NAVSARI: HAREKRISHNA COMPLEX, CHIMNABAI ROAD,NEAR VASANT TALKIES, NAVSARI - 396445; NEEMUCH: IDBI BANK LTD., CMS DESK, MADHAV VILLA, BUNGALOW NO.7, LIC ROAD, NEAR TEACHERS COLONY, NEEMUCH - MADHYAPRADESH ; PANDHARPUR: IDBI BANK LTD., CMS DESK, 1187 , NAVI PETH, KHAVA BAZAR, PANDHARPUR , DIST.SOLAPUR, MAHARASHTRA - 413304; PANJIM: ALFRAN PLAZA, M G ROAD PANJIM - ; PATIALA: 10,CHOTTI BARADARI, THE MALL,PATIALA - 147001; PATNA: KASHI PALACE COMPLEX, DAK BUNGALOW ROAD,OPP. HEERA PALACE, PATNA - 800001; PUNE: DYNANESHWAR PADUKA CHOWK, FERGUSSON COLLEGE ROAD, PUNE - 411004RAIPUR: SINGHANIA HOUSECIVIL LINES,OPP. MUSEUM, RAIPUR - 492001; RAJKOT: "SHIVDARSHAN" NR.KATHIAWAD GYMKHANADR.RADHAKRISHNAN ROAD RAJKOT - ; RATLAM: IDBI BANK LTD., CMS DESK, SHASHVAT 127, BIHARILAL MARG, OLD COURT ROAD,
48
RATLAM - 457001, MADHYA PRADESH; RATNAGIRI: PLOT NO 1566, KARMARKAR BLDG. DR B N SAWANT RD, RATNAGIRI - 415612; RENUKOOT: BIRLA MARKET RENUKOOTSONBHADRA DISTRICT RENUKOOT - 231217; SALEM: IDBI BANKLTD., CMS DESK K.T.TOWERS, GR FLOOR, NO.111 OMALLUR MAIN ROAD,FOUR ROAD SALEM, TAMIL NADU - 636007; SANGLI: VYANKATESH EMBASSY, OPP.SANGLI ZILLHA PARASHID, SANGLI - 416416; SATARA: CMS DESK,143/146, BHAWANIPETH,CHIRMULE NIKETAN, RAJPATH,SATARA CITY,SATARA - 415002 MAHARASHTRA; SHOLAPUR-WAVIPETH: SOLAPUR - PUNE HIGHWAY OPP. OCTROI NAKA, KEGAON - SOLAPUR.; SILVASSA: , CMS DESK, PLOT NO. 1, AMLI, SILVASSA VAPIROAD,SILVASSA DADRA & NAGAR HAVELI - 396230; SURAT (HIGH VALUE CLEARING THROUGH RTGS ONLY FROM 18.05.2009 ONWARDS): ESS EN HOUSE, GHOD DOD ROAD, SURAT - 395001; SURENDRANAGAR: IDBI BANK LTD., CMS DESK,GROUND FLOOR, MEGA MALL, NEAR MILAN CINEMA, SURENDRANAGAR - 363 002, GUJARAT ; THIRUVALLA: WARBHA CENTRE RAMANCHIRA, M. C. ROAD TIRUVALLA - 689101; TIRUPUR: BALAMURUGAN COMPLEX 266, AVINASHI ROADTIRUPUR - ; TRICHI: DUKES COMPLEX, 120, BHARATIAR SALAI,CANTONMENT, TRICHY - 620001; VALLABH VIDYANAGAR: NANA BAZAR, VALLABH VIDYANAGAR - 388120; VAPI: C-1, ADVANCE COMPLEX, NATIONAL HIGHWAY NO. 8, NEARHOTEL GREEN VIEW, P. B 85, VAPI -396191.; VARANASI: ARIHANT COMPLEX, NAGAR NIGAM ROAD,SIGRA VARANASI - 221002; VIJAYAWADA: BSR PLAZA NR. MARIS STELLA COLLEGE,RING ROAD VIJAYAWADA - 520008; VISHAKHAPATNAM:BALAJI'S MANGALGIRI CHAMBERS, 9/29/6-1,SIRIPURAM, VISHAKHAPATNAM - 530003; WARDHA: SAHU BLDG, ANAJ LINE, WARDHA - 442001;
KOTAK MAHINDRA BANKAGRA: SHRIRAM HOSPITAL, M.G.ROAD, , AGRA, , 282003; AHMEDABAD: GROUND FLOOR,CHANDAN HOUSE, OPP. ABHIJEET III,, NEAR MITHAKALI SIX ROADS,NAVRANGPURA, , 380006; AHMEDNAGAR: GROUND FLOOR OF HOTEL OBEROI,NAGAR MANMAD ROAD, SAVEDI, AHMEDNAGAR, 414003; ALLAHABAD: 2. SARDAR PATEL MARG, CIVIL LINES, ALLAHABAD, 211001; AMRITSAR: 10 , KENNEDY AVENUE, THE MAIN MALL ROAD, AMRITSAR, 143001; ANAND: P.M.CHAMBERS,MOTA BAZAR, VALLAB VIDYA NAGAR, , 388120; ANKLESHWAR: SHOP # 11,12 , 12 A , NARMADA ARCADE, OLD NAITONAL HIGHWAY NO 8, 393002; AURANGABAD: CTS NO 12995 , KANDI TOWERS, NEAR ROKADIYA HANUMAN COLONY,JALNA ROAD, , 431001; BANGALORE: 10/7 , UMIYA LAND MARK, NEXT TO CHANCERY HOTEL, LAVELLE ROAD , 560001; BARBIL: GROUND & FIRST FLOOR, BARBIL TRADE CENTER, MAIN ROAD , NEAR KALI MANDIR, , 758035; BARDOLI:PITRU CHAYA, STATION ROAD, BARDOLI , , 394601; BARODA: PANORAMA BUILDING, , R.C. DUTT ROAD,, ALKAPURI,, 390015; BHARUCH: SHOP NO G-10 ON GROUND FLOOR, SHOP NO 6,7,8,9,11, YASH KAMAL COMPLEX, LINKING ROADCROSSING, 392001; BHAVNAGAR: BHAVNA CONSTRUCTION COMPANY, PLOT NO 2108 /A, G.R.STERLING CENTRE, WAGHWADI ROAD, , 364001; BHOPAL: 214, BHAGWAN COMPLEX,, ZONE 1 , M P NAGAR,, BHOPAL, , 462016; BHUBANESHWAR:184, GROUND FLOOR,, JANPATH , BHUBANESWAR, , 751001; BODELI: FIRST FLOOR, SHOP NO 9,10,11, GAJANAND PLAZA,, OPP S T DEPOT, HALOL RD,, 39115; CHANDIGARH: SCO 153-154-155, MADHYA MARG, SECTOR 9 -C, 160009; CHENNAI:CAPITALE',GROUND FLOOR,, 555, ANNA SALAI,, CHENNAI,, 600018; COCHIN: GROUND FLOOR,, KUMARAPILLAI ESTATE, M G ROAD, 682031; COIMBATORE: 727, AVINASHI ROAD, SKANDA SQUARE, COIMBATORE, 641018; DAHANU: SHOPNO 2,3 & 4, , FIRST FLOOR,JANARDHAN ARCADE MAIN ROAD,, DAHANU ROAD, 401602; DAHOD: GROUND FLOOR,CENTRAL PARK , DURGA MILLS COMPOUND , GADI ROAD, , 389151; DEESA: SHOP NO 63-66, ADITYA COMPLEX, NEARJALARAM MANDIR, 385573; DHANBAD: GROUND FLOOR, WARD NO. 18,, RAMSON ARCADE, , SHASTRI NAGAR,, 826001; GANDHIDHAM: OFFICE NO -1, GROUND FLOOR, SINDHU - 1, SRC PLOT NO 309, GANDHIDHAM, , 370201; GURDASPUR:HOUSE NO 498 , WARD NO 6, GIAN SINGH TRANSPORTER, TIBRI ROAD, , 143521; GUWAHATI: 4TH FLOOR, GANAPATI ENCLAVE, G S ROAD, ULUVARI, OPP. BURA SERVICE STATION, 781007; HIMMATNAGAR: GR FLOOR, DODIYA HOUSE, OPP.GOVT GODOWN, NR.CIVIL CIRCLE, 383001; HYDERABAD: PAVANI JEWEL TOWER,, GROUND FLOOR,, SOMAJIGUDA,, 500089; INDORE: 580 , M.G.ROAD,, INDORE, INDORE, 452001; JAIPUR: 57, KRISHNA TOWER , , SARDAR PATEL MARG,, C-SCHEME, 302001; JALANDHAR: MIDAS CORPORATE PARK, G T ROAD, JALANDHAR, 144001; JAMSHEDPUR: GAYATRI ENCLAVE, , K. ROAD, S. TOWN , BISTUPUR, , 831001; JODHPUR: BOMBAY MOTOR BUILDING, , BOMBAY MOTOR CIRCLE,87/B-2, CHOPASANI ROAD, , 342003; JORHAT: DR KC DEY'S BUILDING, GAR ALI ROAD, JUNCTION OF RUPAHI ALI AND GAR ALI ROAD, 785001; KADI: 2, KUNAL COMPLEX , , OPP. J.K PETROL PUMP, KADI , 382715;KANPUR: 17/03, THE MALL,MEGHDOOT HOTEL BUILDING, KANPUR, 208001; KAPURTHALA: GROUND FLOOR, SIMI PLAZA, PLOT NO 51 , MALL ROAD, KAPURTHALA, , 144601; KOLHAPUR: SHOP NO B4-B8, ROYAL PRESTIGE, SAI EXTENSION, CITY SURVEY NO 11127,E WARD, RAJA RAMPURI ROAD, , 416001; KOLKATTA: APEEJAY HOUSE, 15,PARKSTREET ,, KOLKATTA, 700016; KOTTAYAM: CHERUKARA TOWERS, OPP TO COLLECTORATE, KOTTAYAM, 686001; LUCKNOW: 3GF, SPEED BUILDING,SHAHANAZAF ROAD, LUCKNOW, 226001; LUDHIANA: SCO 120, , GROUND FLOOR, , FEROZE GANDHI MARKET,, 141001; MADURAI: 1-A, WEST PERUMAL MAISTRY STREET, MADURAI , 625001; MATHURA: GF, TERA TOWERS (RIGHTPORTION),, PLOT NO. 217/371, BHUTESHWAR ROAD,, MATHURA, 281004; MEERUT: 179/1, UNIVERSITY ROAD,, MANGAL PANDEY NAGAR, MEERUT, 250004; MEHSANA: RAJENDRA ESTATE , , OPP GAYATRI TEMPLE,, STATE HIGHWAY , , 384002;MORADABAD: SRI GANAPATI COMPLEX,, NEAR EKTA DWAR, OPP MISSION SCHOOL, CIVIL LINES, , 244001; MORBI: SHOP NO 5-8 , GROUND FLOOR, SILVER PLAZA, RAM CHOWK, SAVSAR PLOT, 363641; MUMBAI: 5 C/ II, MITTAL COURT,224, NARIMAN POINT,, MUMBAI,, 400001; MYSORE: PLOT NO 2912/1, KANTHARAJ URS ROAD, SARASWATIPURAM, , 570009; NAGPUR: GROUND FLOOR, 345, SHREE MOHINI COMPLEX, , KINGSWAY, , 440001; NAKODAR: GROUND FLOOR,AMRIK CHAMBERS,, NURMAHAL ROAD, , 144040; NAMAKKAL: SKK COMPLEX,9-1 A & B, MOHANUR ROAD, NAMAKKAL, 637001; NASHIK: SHOP NO.1, PAYAS,, OPP. B Y K COLLEGE,, THATTE NAGAR ROAD,, 422005; NAVSARI: UGF, PARADISETOWERS, OPP. CIVIL HOSPITAL, STATION ROAD, , 396445; NEW DELHI: GROUND FLOOR, AMBADEEP,, 14, K.G. MARG,, NEW DELHI-110001, 110001; PALANPUR: GROUND FLOOR, , AGRAWAL COMPLEX , PALACE ROAD , 385001; PANJIM:GROUND FLOOR, , HOTEL PARK PLAZA, OPP AZAD MAIDAN, , 403001; PATIALA: GROUND FLOOR, SCO 116-119, NEW LEELA BHAVAN, , 147001; PATNA: SHOP NO 3,4,5, AHMAD HUSAIN COMPLEX, EXHIBITION ROAD , GANDHI MAIDAN,800001; PHAGWARA: UGF MILAP TOWER, G T ROAD, PHAGWARA , 144401; PUNE: BAKRE AVENUE, FP NO 226/3, , BHANDARKAR ROAD, 411004; RAIPUR: CIVIL LINES, OPP RAJ BHAVAN, RAIPUR, 492002; RAJKOT: NATH COMPLEX, GROUNDFLOOR, NEAR RACE COURSE, DR. YAGNIK ROAD, 360007; RAJPURA: D9,D10 , CALIBER MARKET, PATIALA ROAD, , , 140401; RUDRAPUR: COMMERCIAL PLOT NO. 4,, GND &1ST FLOOR AWAS VIKAS COLONY , NAINITAL ROAD, , 263153;SALEM: PLOT NO 12 , S NO 98, BHARATHI STREET, ALAGAPURAM, , 636001; SANGRUR: SCF 9-10, KAULA PARK, SANGRUR , 148001; SANKARI: 17-NEW EDAPPADI ROAD,, SANKARI,, SANKARI,, 637 301 ; SILVASSA: SHOP NO 1 -5, ROHANAVENUE, SILVASSA- VAPI MAIN ROAD, 396230;SURAT: GROUND FLOOR, KOTAK HOUSE, KG POINT, GHOD DOD ROAD, 395007; SURENDRANAGAR: 1ST FLOOR, PRANAV COMPLEX, NR.OLD VIJAY TRANSPORT, BUS STAND ROAD, , 363002;TARAPUR: SHOP NO 1 & 2 , SHIVKALA ARCADE, GROUND FLOOR, BOISAR - TARAPUR ROAD, BOISAR, 401501; TIRUPUR: PARK AVENUE, AVINASHI ROAD, , TIRUPUR, 641603; TRICHY: B-17,AISHWARYAM BUILDING, SASTHIRI ROAD, THILLAINAGAR,, TRICHY, 620017; TRIVANDRUM: S I PROPERTIES, , GROUND FLOOR, WHITE HAVEN, VELLAYAMBALAM,, 695010; UDAIPUR: TRIMURTI HEIGHTS , 8-C BANK STREET , MADHUBAN, UDAIPUR, 313004; UNJHA: 2ND FLOOR, ABOVEBHOJANALAY, OPP AMC BUILDING, GUNJBAZAR , , 384170; VALSAD: SHOP NOS 3-6, SAI KEVAL, JALARAM ROAD , , 396001; VAPI: PLOT NO 5 AND 6, MAHALAXMI SOCIETY, VAPI-DAMAN ROAD, CHALA, , 396191; VARANASI: D-37/37, SPICE KCM CINEPLEX COMPLEX, GODOWLIA CHOWK ,, 221001;VIJAYAWADA: 40-1-48/1 , M.G.ROAD, LABBIPET , , VIJAYAWADA, 520010; VIRAMGAM: SHOP 19-22, AKSHAR COMPLEX, MANDAL ROAD, , 382150; VISHAKAPATNAM: THE LANDMARK – UNIT G-1, WALTAIR WARD , WARD NO 18, WALTAIRUPLANDS, 530003; VISNAGAR: 1ST FLOOR, RAJKAMAL COMPLEX, NEAR RAILWAY STATION, VISNAGAR, 384315; VYARA: C D HOUSE, , OPP SWAMINARAYAN TEMPLE,, VYARA , 394650;
STANDARD CHARTERED BANKAHMEDABAD: ABHIJEET II, GROUND FLOOR MEETAKALI, 6TH ROAD, AHMEDABAD –380006; ALLAHABAD: 2 SARDAR PATEL MARG, CIVIL LINES, ALLAHABAD 211 001; AMRITSAR: GANDHI BAZAR ,THE MALL,POST BOX 3 AMRITSAR-143001;BANGALORE: 26TH FLOOR, WEST WING RAHEJA TOWER, M .G ROAD BANGLORE –560001; BHOPAL: GROUND FLOOR, NORTHERN WING, ALANKAR COMPLEX,PLOT NO.10,ZONE II,MP NAGAR, ,BHOPAL-462011.; BHUBANESHWAR: PLOTNO 3, BAPUJI NAGAR, JANPATHBHUBANESHWAR 751 009; CHANDIGARH: SCO, 137-138 SECTOR – 9C, MADHYA MARG CHANDIGARH.; CHENNAI: 19, RAJAJI SALAI CHENNAI 600001; COCHIN : XXIV/ 1633, KPK MENON ROAD WILLINGDONISLAND, COCHIN- 682003; COIMBATORE: 509, D. B. ROAD R.S.PURAM COIMBATORE- 641 002.; GUWAHATI: G N BARDOLI ROAD AMBARI –GUWAHATI GUWAHATI-781001; HYDERABAD: 6-3 1090 RAJ BHAVAN ROAD SOMAJIGUDAHYDERABAD 500082; INDORE: 21/1 DM TOWER ,RACE COURCE ROAD, INDORE 452001 ; JAIPUR: H8, SHOWROOM NO.1, BHAGWAT BHAWAN, MI ROAD, JAIPUR; JALLANDHAR: PLOT NO. 34, G. T. ROAD JALANDHAR. 144 001.; KANPUR:16/105, M.G. MARG, KANPUR – 208 001; KOLKATA: 19 NETAJI SUBHAS ROAD KOLKATA 700001; LUCKNOW: 4 SHAHNAJAF ROAD LUCKNOW UP-226001; LUDHIANA: SCO 16-17, FEROZE GANDHI MARKET LUDHIANA PUNJAB- 141001;MUMBAI: 270 D.N.ROAD FORT MUMBAI 400001; NAGPUR: NARANG HOUSE, PALM ROAD, CIVIL LINE NAGPUR 440001; NEW DELHI: H2 CONNAUGHT CIRCLE NEW DELHI 110001; PATNA: BHAGWATI DWARAKA ARCADE, PLOT NO: 830 P,EXHIBITION ROAD, PATNA -800 001; PUNE: SHRIRANG HOUSE, 364-365, JUNGLEE MAHARAJ ROAD, SHIVAJI NAGAR, PUNE – 411 005; RAJKOT: BUSINESS EMPIRE, 5 JAGNATH PLOT, GYMKHANA ROADRAJKOT 360002; SURAT: C.K.TOWER,1STFLOOR, NR.SARGAM SHOPPING CENTER, TOWARDS SURAT-DUMAS RD., PARLE POINT, SURAT -395007; VADODARA: GOKULESH, R C DUTT ROAD,VADODARA – 390 009
STATE BANK OF INDIAAGRA; CHIPITOLA, AGRA-202 001; AHMEDABAD: P.B NO.182, BHADRA,GUJARAT- 380001, ALLAHABAD: P.B.NO.22, KUTCHERY RD, ALLHABAD, PIN 211002; AMRITSAR: TOWN HALL, AMRITSAR 143001; BANGALORE: P.B NO.5310, ST. MARKSROAD, PINCODE: 560001; BHAVNAGAR, MANGAL MAHAL, OPP. BARTON LIBRARY, DIUUAAN PARA ROAD, BHAVNAGAR-364001; BHOPAL: NEW MARKET BHOPAL, PINCODE: 462003; BHUBANESHWAR: P.B NO.14, NEW CAPITAL P.O., DISTRICT:KHURDA, ORISSA, PINCODE: 380001; BOKARO STEEL CITY: CITY CENTRE, SECTOR-4 BOKARO-827004; CHANDIGARH: SECTOR 17 CHANDIGARH PUNJAB, CHANDIGARH, PINCODE: 160017; CHENNAI: P.B NO.16, 6 &7 NORTH BEACH ROAD,DISTRICT: CHENNAI CITY, TAMIL NADU PINCODE: 600001; COIMBATORE : BANK ROAD, P.B. NO.3860, COIMBATORE ,DISTRICT: COIMBATORE, TAMIL NADU 462003; DAVANGERE: 44, DSC AVENUE, DEVANGERE 577002; DEHRADUN:4, CONVENT ROAD, DEHRADUN UTTAR PRADESH PIN COED : 248001; ERNAKULAM: P.B.NO.2503, SHANMUGHAM ROAD, ERNAKULAM KERALA PINCODE 682011.; GUNTUR: KANNADRITHOTA, GUNTUR – 522004; GUWAHATI POST BAG NO.36, DIST KAMRUP, ASSAM, PIN-781001; GWALIOR: P.B.NO.12, JIWAJI CHOWK, GWALIOR PINCODE: 474001; HUBLI: KESHVAPURA HUBLI P.B. NO. 7 PIN – 580023; HYDERABAD : P.B NO.10, BANK STREET, DISTRICT: HYDERABAD ANDHRAPRADESH PINCODE: 500195; INDORE: G.P.O. MAIN BRANCH, A.B. ROAD, INDORE DISTRICT: INDORE M. PRADESH PINCODE: 452001; JAIPUR: P.B. NO. 72, JAIPUR CITY, DISTRICT : JAIPUR, RAJASTHAN PINCODE : 302001; JALANDHAR :CIVIL LINES, P.B. NO. 1 JALANDHAR DIST. PUNJAB- 144001; JAMNAGAR: NEWSUPER MARKET, P.B.NO.535, DISTRICT : JAMNAGAR GUJARAT PINCODE : 361001; JAMSHEDPUR : JAMSHEDPUR (96) DISTRICT: SINGHBHUM (E) BIHAR PINCODE:831001; JODHPUR JODHPUR RAJASTHAN, DISTRICT JODHPUR, RAJASTHAN PINCODE 342001; KANPUR: THE MALL, P.B NO. 17, DISTRICT : KANPUR UTTAR PRADESH PINCODE : 208001; KOLKATA : PB NO.110,1, STRAND ROAD, KOLKATA,WEST BENGAL PINCODE: 700 001; LUCKNOW : MOTI MAHAL MARG, LUCKNOW 226001; LUDHIANA: P.B.NO.4 DISTRICT: PUNJAB PUNJAB PINCODE: 141001.; MADURAI : SANGAM TOWERS, WEST VELI STREET, MADURAI-625001;MANGALORE : P.B.NO. 90, DISTRICT: DAKSHINA KANNAD KARNATAKA PINCODE: 575001; MATHURA : MAIN BRANCH DIST. MATHURA PIN:281001; MEERUT CANT.: ROORKEEROAD DISTRICT: MEERUT UTTAR PRADESH PINCODE:250002; MUMBAI: NI&SS DIV B S MARG, FORT MUMBAI PINCODE : 400023; MYSORE: NEW SAYYAJI RAO ROAD, MYSORE 570 024; NAGPUR: P.B NO.37, KINGSWAY NAGPUR, DISTRICT: NAGPUR MAHARASHTRA PINCODE: 440001; NASIK :P.B.NO.112, NASIK, DISTRICT: NASIK MAHARASHTRA PINCODE: 422002; NEW DELHI : P.B NO.430, 11, PARLIAMENT STREET, DISTRICT: NEW DELHI HARYANA PINCODE: 110 001 ; PANJIM : PANAJI GOA,18TH JANE RD P.B NO.1, DISTRICTGOA PINCODE: 403001; PATNA : WEST GANDHI MAIDAN, PATNA-800001; PUNE : P.B. NO.6 PUNE,MAHARASHTRA,PIN-411001; RAIPUR : JAI STAMBH CHAUK, P.B. NO 29/61, RAIPUR, DIST - RAIPUR, STATE CHATTISGARH, PIN - 492001.; RAJKOT:P.B. NO.13, DISTRICT RAJKOT, GUJARAT PINCODE 360001; RANCHI : KATCHERY ROAD RANCHI-834001; ROURKELA: PB-53 BIRSA CHAUK,DIST.SURENDRAGARDH, PIN:769011; SALEM : SALEM, DIST - SALEM, TAMILNADU-636001;SECUNDRABAD: 1-1-78, PATNY CIRCLE, ADJ. GENERAL POST OFFICE, SECUNDRABAD, DIST HYDERABAD, STATE A. P. PIN 500 003.; SURAT : P.B.NO.1, CHOWK BAZAR, SURAT DISTIRICT SURAT GUJARAT PINCODE 395001; TRICHUR : ROUNDEAST DHRMODAYAM BUILDING THRISSUR-680001; TRICHY : MACDONALD RD. TIRUCHIRAPALLI, DIST - TIRUCHIRAPALLI, STATE - TAMILNADU PIN - 620001; TRIVANDRUM: P.B. NO.14, M.G.ROAD,; THIRUVANANTH-PURAM :THIRUVANANTHAPURAM ,KERALA PINCODE: 695001; VADODARA 0324: P.B NO.94, PANI GATE RD. OPP. JAMNABAI H,DISTRICT: VADODARA GUJARAT PINCODE: 390017; VARANASI (0201): VARANASI - 221002, DIST- VARANASI, U.P.;VIJAYWADA(0948): B R P ROAD VIJAYWADA PIN-520001, A.P.; VISAKHAPATNAM: DISTRICT: VISAKHAPATNAM , NEAR OLD POST OFFICE ANDHRA PRADESH PINCODE: 530001
49
COLLECTION CENTRES
Branch Offices of Karvy Computershare Pvt. Ltd.
Agra (Uttar Pradesh): 17/2/4, Deepak Wasan Plaza, 2nd Floor, Sanjay Place (Behind Holiday Inn), Agra 282002; Anand (Gujarat): F-6, Chitrangana Complex, Opp.Motikaka Chawl, Vidyanagar Road, Anand 388001; Aurangabad (Maharashtra): Shop No. 214/215, Tapadiya City Centre, Nirala Bazar, Aurangabad 431001;Bhavnagar (Gujarat): 134/135 Madhav Darshan, Waghawadi Road, Bhavnagar 364001; Bhilai (Chattisgarh): Shop No.114 &115, Ground Floor, Dhillon Complex,Akash Ganga, Supela, Bhilai 495023; Bhopal (Madhya Pradesh): Kay Kay Business Centre, 133, Zone 1, M. P. Nagar, Bhopal 462011; Calicut (Kerala): P S Building,P T Usha Road, Opp. Amalapuri Colony, Calicut 673001; Erode (Tamil Nadu): No. 4, KMY Salai, Veerappan Traders Complex, Opp. Erode Bus Stand, Sathy Road,Erode 638003; Gurgaon (Haryana): SCO-18/19, First Floor, Above Nirulas, Sector 15, Old Delhi Road, Gurgaon 122001; Jalgaon (Maharashstra): 1, ShrestaApartments, Balirampeth, Jalgaon 425001; Jamnagar (Gujarat) : 241 City Arcade, Near D S P Bunglow, Jamnagar 361001; Pondicherry: First Floor, No.7, ThiayagarajaStreet, Pondicherry 605001; Ranchi (Jharkhand): 3rd Floor, Commerce Towers, Beside Mahabir Towers Main Road, Ranchi 834001; Trichur (Kerala): 2nd Floor,Brother’s Complex, Near Dhana Laxmi Bank Head Office, Naikkanal Junction, Trichur 680001; Trivandrum (Kerala): 2nd Floor, Akshaya Towers, Sasthamangalam,Trivandrum 695010
Branch Office of Computer Age Management Services Pvt. Ltd.
Ahmedabad (Gujarat): 402-406, 4th Floor, Devpath Building, Off C. G. Road, Behind Lal Bungalow, Ellis Bridge, Ahmedabad 380006; Ajmer (Rajasthan): Shop No.S-5, Second Floor, Swami Complex, Ajmer 305001; Akola (Maharashtra): Opp. RLT Science College, Civil Lines, Akola 444001; Allahabad (Uttar Pradesh): No.7, FirstFloor, Bihari Bhawan, 3 S.P. Marg, Civil Lines, Allahabad 211001; Amaravati (Maharashtra): 81, Gulsham Tower, Second Floor, Near Panchsheel Talkies, Amaravati444601; Amritsar (Punjab): 378 Majithia Complex, First Floor, M. M. Malviya Road, Amritsar 143001; Ankleshwar(Gujarat): G-34, Ravi Complex, Valia Char Rasta,G.I.D.C., Ankleshwar, Bharuch 393002 ; Asansol (West Bengal): Block – G, First Floor, P. C. Chatterjee Market Complex, Rambandhu Talab, P. O. Ushagram, Asansol713303; Bangalore (Karnataka): First Floor, Trade Centre, 45, Dikensen Road (Next to Manipal Centre), Bangalore 560042; Bareilly (Uttar Pradesh): F-62-63, ButlerPlaza, Civil Lines, Bareilly 243001; Belgaum (Karnataka): Tanish Tower, CTS No. 192/A, Guruwar Peth, Tilakwadi, Belgaum 590006; Bhopal (Madhya Pradesh): PlotNo.13, Major Shopping Centre, Zone-I, M.P.Nagar, Bhopal 462011; Bhuj (Gujarat): Data Solution, Office No.17, Municipal Building, First Floor, Opp Hotel Prince,Station Road, Bhuj, Kutch 370001; Chennai (Tamil Nadu): Ground Floor, No.178/10, Kodambakkam High Road, Opp. Hotel Palmgrove, Nungambakkam, Chennai600034; Cuttack (Orissa): Near Indian Overseas Bank, Cantonment Road, Mata Math, Cuttack 753001; Davengere (Karnataka): 13, Akkamahadevi Samaj Complex,First Floor, Church Road, P.J. Extension, Davengere 577002; Dhanbad (Jharkhand): Room No.111, Urmila Towers, First Floor, Bank More, Dhanbad 826001;Dhule(Maharashtra): H. No. 1793/A, J.B. Road, Near, Tower Garden, Dhule 424 001; Durgapur (West Bengal): 4/2, Bengal Ambuja Housing Development Ltd.,Ground Floor, City Centre, , Durgapur 713216 ; Faridabad (Haryana): B-49, First Floor, Nehru Ground, Behind Anupam Sweet House, NIT, Faridabad 121001;Ghaziabad (Uttar Pradesh): 113/6, First Floor, Navyug Market, Ghaziabad 201001; Gorakhpur (Uttar Pradesh): Shop No. 3, Second Floor, The Mall, Cross Road,A.D. Chowk, Bank Road, Gorakhpur 273001; Guntur (Andhra Pradesh): Door No 5-38-44, 5/1 Brodipet, Near Ravi Sankar Hotel, Guntur 522002; Guwahati(Assam): A.K. Azad Road, Rehabari, Guwahati 781008; Gwalior (Madhya Pradesh): First Floor, Singhal Bhavan, Daji Vitthal Ka Bada, Old High Court Road, Gwalior474001; Hubli (Karnataka): 206 & 207, First Floor, 'A' Block, Kundagol Complex, Opp. Court, Club Road, Hubli 580029; Hyderabad (Andhra Pradesh): 102, JadeArcade, First Floor, Paradise Circle, Secunderabad 500003; Jabalpur (Madhya Pradesh): 975, Chouksey Chambers, Near Gitanjali School, 4th Bridge, Napier Town,Jabalpur 482001; Jamshedpur (Jharkhand): Millennium Tower, "R" Road, Room No:15, First Floor, Bistupur, Jamshedpur 831001; Jodhpur (Rajasthan): 1/5, NirmalTower, 1st Chopasani Road, Jodhpur 342003; Junagadh (Gujarat): Circle Chowk, Near Choksi Bazar Kaman, Junagadh 362001; Kadapa (Andhra Pradesh): DoorNo.1-1625, DNR Laxmi Plaza, Opp. Rajiv Marg, Railway Station Road, Yerramukkapalli, Kadapa 516 004; Karur (Tamil Nadu): No. 904, First Floor, West to TalukOffice, Jawahar Bazaar, Karur 639001; Kolhapur (Maharashtra): Office No.7, AMD Sofex, Third Floor, Ayodhya Towers, Station Road, Kolhapur 416001; Kolkata(West Bengal): (a) Ground Floor, LORDS Building, 7/1 Lord Sinha Road, Kolkata 700071; (b) 33 C. R. Avenue, 2nd Floor , Room No.13, Kolkata 700012 (Timing:12:00 pm to 3:00 pm); Kollam (Kerala): Kochupilamoodu Junction, Near VLC, Beach Road, Kollam 691001; Kota (Rajasthan): B-33 'Kalyan Bhawan, Triangle Part,Vallabh Nagar, Kota 324007; Kottayam (Kerala): Door No. IX / 1276, Amboorans Building, Manorama Junction, Kottayam 686001; Meerut (Uttar Pradesh): 108,First Floor Shivam Plaza, Opposite Eves Cinema, Hapur Road, Meerut 250002; Moradabad (Uttar Pradesh): B-612 'Sudhakar', Lajpat Nagar, Moradabad 244001;Mumbai (Maharashtra): (a) Rajabahdur Compound, Ground Floor, Opp. Allahabad Bank, Behind ICICI Bank, 30, Mumbai Samachar Marg, Fort, Mumbai 400023;(b) 1, Skylark, Ground Floor, Near Kamgar Kalyan Kendra & B.M.C. Office, Azad Road, Andheri (East), Mumbai 400069; Muzzafarpur (Bihar): Brahman Toli,Durgasthan, Gola Road, Muzaffarpur 842001; Mysore (Karnataka): No.1, First Floor, CH.26, 7th Main, 5th Cross (Above Trishakthi Medicals), Saraswati Puram,Mysore 570009; Navsari (Gujarat): Dinesh Vasani & Associates, 103 Harekrishna Complex, Above IDBI Bank, Near Vasant Talkies, Chimnabai Road, Navasari396445; Nellore (Andhra Pradesh): 97/56, Immadisetty Towers, First Floor, Ranganayakulapet Road, Santhapet, Nellore 524001; New Delhi: 304-305, III Floor,Kanchenjunga Building, 18 Barakhamba Road, Cannaugt Place, New Delhi 110001; Panipat (Haryana): 83, Devi Lal Shopping Complex, Opp. ABN Amro Bank,G.T.Road, Panipat 132103; Panjim (Goa): No.108, First Floor, Gurudutta Bldg, Above Weekender, M. G. Road, Panaji 403001; Patiala (Punjab): 35 New Lal BaghColony, Patiala 147001; Pune (Maharashtra): Office No.6, First Floor, Nirmiti Eminence, Opp. Abhishek Hotel, Mehandale Garage Road, Erandawane, Pune 411004;Rajahmundry (Andhra Pradesh): Cabin 101, D.no 7-27-4, First Floor, Krishna Complex, Baruvari Street, T. Nagar, , Rajahmundry 533101; Ratlam (MadhyaPradesh): Dafria & Co., 81, Bajaj Khanna, Ratlam 457001; Salem (Tamil Nadu): No.2, First Floor, Vivekananda Street, New Fairlands, Salem 636016; Satara(Maharashtra): Sargam Apartment, 117/A/3/22, Shukrawar Peth, Satara 415002; Shimla (Himachal Pradesh): First Floor, Opp. Panchayat Bhawan Main gate, BusStand, Shimla 171001; Siliguri (West Bengal): No. 8, Swamiji Sarani, Ground Floor, Hakimpara , Siliguri 734401; Solapur (Maharashtra): 4, Lokhandwala Tower,144, Sidheshwar Peth, Near Z.P., Opp. Pangal High School, Solapur 413001; Tirunelveli (Tamil Nadu): First Floor, Mano Prema Complex, 182/6, S.N. High Road,Tirunelveli 627001; Tirupur (Tamil Nadu): 1(1), Binny Compound, II Street, Kumaran Road, Tirupur 641601; Valsad (Gujarat): Ground Floor, Yash Kamal – ‘B’,Near Dreamland Theater, Tithal Road, Valsad 396001; Vashi (Maharashtra): Office No.17, Mahaveer Centre, Plot No.77, Sector 17, Vashi, Navi Mumbai 400703;Vellore (Tamil Nadu): No.54, First Floor, Pillaiyar Koil Street, Thotta Palayam, Vellore 632004
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FRANKLIN TEMPLETON BRANCH OFFICES
Ahmedabad: 202, 2nd Floor, Abhijeet-III, Opp. Mayor’s Bungalow, (Near Mithakali Six Roads), Ahmedabad 380 009 ;
Bangalore: Niton Compound, 11, Palace Road, Entrance from Cunningham Road, Near Carmel College, Bangalore 560
052.; Bhubaneswar: No.77, Kharavel Nagar, Unit III, Janapath, Bhubaneswar 751 001; Chandigarh: S.C.O. 373-374, 1st
Floor, Sector 35-B, Chandigarh 160 022; Chennai: Century Centre, 75, T.T.K Road, Alwarpet, Chennai 600 018; Cochin:
41/418-C, First Floor, Chicago Plaza, Rajaji Road, Ernakulam, Cochin - 682035.; Coimbatore: 424-C, Red Rose Towers,
2nd Floor, D.B.Road, R.S.Puram, Coimbatore 641 002.; Dehradun: Pokhrial House 1st floor, 67/3 Rajpur Road opp
meedo Plaza Dehradun-248001.; Hyderabad: Ground Floor, Sagar Society, Plot No:44, Banjara Hills, Road No.2
Hyderabad 500 034.; Indore: 101, Starlit Towers, 29/1 Y.N Road, Opp. State Bank Of Indore Head Office, Indore -
452001.; Jaipur: 250, 2nd Floor, Ganpati Plaza, M I Road, Jaipur 302 001.; Jalandhar: BX III 455, Shakti Tower, Upper
Basement, Below Vishal Mega Mart, G. T. Road, Jalandhar 144001.; Kanpur: Office No.208-09, 14/113, KAN Chambers,
Civil Lines, Kanpur- 208001; Kolkatta: 2D & 2E, Landmark Building, 2nd Floor, 228-A, A.J.C Bose Road, Kolkatta
700 020.; Lucknow: 2, Uttam Palace, 1st Floor, 3 Sapru Marg, Lucknow 226 001; Ludhiana: SCO-37, 1st Floor, Feroze
Gandhi Market, Ludhiana 141 001; Madurai: No.210/20, 1st Floor,Petchiamman Padithurai Road, Near AR Plaza,
Madurai – 625001.; Mangalore: 1st Floor, Manasa Towers, M.G. Road Kodialbail, Mangalore 575 003; Mumbai: Mittal
Tower, Office No. A/31, A/32 & A/35, 3rd Floor Mittal Tower – ‘A’ Wing Opp. Vidhan BhavanNariman Point, Mumbai
400021 Bandra Kurla Complex, Level 4, Wockhardt Towers, East Wing, Mumbai 400 051.; Nagpur: Shop No. 3 & 4,
Ground Floor, Maharshi Shivpad Complex, Plot No. 262, West High Court Road, Bajaj Nagar, Nagpur 440 010.; Nasik:
S-6, Suyojit Trade Centre, Opp. Rajiv Gandhi Bhavan, Sharanpur Road, Nasik 422 002.; New Delhi: F-126, 12th Floor,
Himalaya House, Kasturba Gandhi Marg, New Delhi 110 001.; Patna: 505, Ashiana Hariniwas Apartments, Dak
Bungalow Road, Patna 800 001. ; Pune: 401, Karan Salene, 187, Bhandarkar Road, Pune 411 004.; Rajkot: 528, Star
Plaza, 5th Floor, Phulchhab Chowk, Rajkot 360 001.; Raipur: 244, Rishabh Complex, 2nd Floor, M.G. Road, Raipur
492 001.; Salem: 214 / 215, Second Floor, Kandaswarna Shopping Mall, Sarada College Road, Salem 636 016.; Surat:
404-405, Lalbhai Contractor Complex, Opp. Library, Nanpura, Surat 395 001.; Trichy: Jenne Plaza, Ground Floor, 5/C,
28 Bharathiar Salai, Contonment, Trichy 620 001.; Vadodara: First Floor-Spentha Complex, Opp. Pizza Hut, Near
Ambedkar Circle, Race Course, VADODARA-390007.; Varanasi: 4th Floor, Kuber Complex, Rathyatra Crossing,
Varanasi 221 010.; Vijayawada: "White House" 1st Floor, Room #2 M.G.Road, Vijayawada 520 010.; Visakhapatnam:
204, First Floor, Eswar Plaza, Dwarakanagar, Visakhapatnam 530016.
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