MUTUAL FUNDS
Nippon Life AMC announces introduction of Nippon India whatsapp facility in open ended schemes
May-24-2022

Nippon Life India Asset Management (AMC) has announced that Nippon India Mutual Fund (NIMF)/ Nippon Life India Asset Management (NAM India) has decided to introduce Nippon India WhatsApp Facility (facility) in the Open Ended schemes (except Exchange Traded Funds (ETFs) and Interval Funds) of NIMF and modification in Nippon India WhatsApp Facility (facility) in Nippon India Liquid Fund with immediate effect, features of which are as follows:

In addition to Nippon India Liquid Fund (Growth Plan/Growth Option), existing investors (Resident Individuals) will now be allowed to Purchase in the Open Ended schemes (except ETFs and Interval Funds) of NIMF (any plan/option). Further this facility will also allow existing investors (Resident Individuals) to Redeem, Switch and Register a SIP in the Open Ended schemes (except ETFs and Interval Funds) including Nippon India Liquid Fund of NIMF (any plan/option). To avail this facility existing, investors (Resident Individuals) will have to save +91 8433938264 on their mobile phones and send ‘Hi’ on WhatsApp through their registered mobile number. For the said purpose, Nippon India WhatsApp Facility shall be considered as an official point of acceptance. The uniform cut - off timing as prescribed by SEBI from time to time and mentioned in the Scheme Information Document (SID) shall be applicable for transactions received through this facility. Also introduced facilities like check the current KYC status, Get Statement of Account, Get Account Balance & Check the Summary of Last 5 transactions. With Additional features stated, Explore Digital Platforms feature stands removed.

This addendum forms an integral part of SID of Open Ended schemes (except ETFs and Interval Funds) of NIMF and all other terms and conditions of the aforesaid document read with the addenda issued from time to time will remain unchanged.

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