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AXIS Common Non-Financial Transaction Form

1. The document is a non-financial transaction form used to request various changes to an investor's account, such as updating bank details, contact information, systematic transactions, dividend options, and more. 2. It requests details of the investor and folio number. It then lists various sections where the investor can select the changes they wish to make and provide any required supporting documents. 3. The form requires signatures of all joint holders to authorize the requested changes and updates. Upon receipt, the fund will provide an acknowledgement to the investor.

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0% found this document useful (0 votes)
160 views5 pages

AXIS Common Non-Financial Transaction Form

1. The document is a non-financial transaction form used to request various changes to an investor's account, such as updating bank details, contact information, systematic transactions, dividend options, and more. 2. It requests details of the investor and folio number. It then lists various sections where the investor can select the changes they wish to make and provide any required supporting documents. 3. The form requires signatures of all joint holders to authorize the requested changes and updates. Upon receipt, the fund will provide an acknowledgement to the investor.

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NON - FINANCIAL TRANSACTION FORM

(Please read the instructions before filling up the form)

1 My details (Please provide the following details in full)


Folio number

Name

2 I wish to Update/Change my bank details


Old Bank details

Bank name

Core bank account number

Account Type Savings Current NRE NRO FCNR Other

Bank Address

City Pin code

IFSC Code (11 digit) MICR Code (9 digit)

New Bank details

Bank name

Core bank account number

Account Type Savings Current NRE NRO FCNR Other

Bank Address

City Pin code

IFSC Code (11 digit) MICR Code (9 digit)

Documents to be submitted by Investor

Existing bank details (Any one of the following) New bank details (Any one of the following)
A cancelled original cheque leaf/Self attested copy of cancelled cheque* A cancelled original cheque leaf/Self attested copy of cancelled cheque*
Photocopy of bank passbook or bank account statement (Having entries Photocopy of bank passbook or bank account statement (Having entries
not older than 3 months) not older than 3 months)
Letter from the bank Letter from the bank

*Account number and name of the first unit holder should be printed on the face of the cheque

Old Bank Declaration - (Incase old bank proof is not available)


I now wish to update my bank account details as mentioned in the aforesaid folio due to - Bank Account closed / Bank Account Number erroneously
mentioned / Not mentioned.
In this regard, I would like to state that I have closed my bank account / inadvertently erroneously mentioned the bank account details, as mentioned
herein above and presently registered in your records /mentioned in the application form, and confirm that I am not holding any documents
pertaining to the said bank account.

3 I wish to Update/Change my contact details


Email ID (in capital)

Mobile Telephone no. (Office)

Telephone no. (Resi) (STD Code) Fax no. (Resi) (STD Code)

4 I wish to change my mode of holding (All Joint Holders should sign as per existing unit holding, even in case of “Any one or Survivor)

New Mode of Holding (please P) Anyone or Survivor Joint Holding


5 I wish to cancel my Systematic Transactions (SIP/ SWP/ STP)
Source Scheme / Plan / Option (Please mention Folio no, Scheme, Plan / Option clearly)

SIP/STP/SWP Out Scheme AXIS Transaction Type (please P) SIP STP SWP

Frequency Amount

SIP Date D D M M Y Y Y Y STP Date D D M M Y Y Y Y SWP Date D D M M Y Y Y Y

SIP Bank Name

SIP Bank A/c No.

STP in Scheme (in case of STP) AXIS

6 I wish to cancel my IDCW Transfer Plan (DTP) Source Scheme / Plan / Option (From where Dividend is transferred)

Scheme Name AXIS

Income Distribution cum Capital Withdrawal (IDCW) Sub Option IDCW Payout IDCW Reinvestment (default)

7 I wish to change my IDCW option (All Joint Holders should sign, even in case of “Any one or Survivor”

Scheme Name AXIS Payout To Reinvest Reinvest To Payout

Scheme Name AXIS Payout To Reinvest Reinvest To Payout

Scheme Name AXIS Payout To Reinvest Reinvest To Payout

8 Consolidation of folios
Target Folio Target Folio/Account (only one)

Source Folios
1 2

3 4

5 6
Note: The consolidation of folios will be effected only if the following information is identical in all folios
• Name of Unit Holder(s) • Order of Unit Holders • Mode of Holding • Tax Status • Bank details.

9 Nomination details (Please P)


Registration Change/Modification Cancellation

Particulars Nominee 1 Nominee 2 Nominee 3


Nominee Name

Address of Nominee

Relationship with Applicant


Date of Birth (In case of Minor)
Name of Guardian (In case of Minor)
Percentage of Allocation

Signature of Guardian/Nominee

**Request for mode of holding change and nominee change should be mandatorily signed by all the holders.

10 Revalidation of dividend/ redemption cheque


I/We are in receipt of Redemption/ Dividend warrant as below

Cheque No. Cheque Date D D M M Y Y Y Y Cheque Amount

I/ We are herewith enclosing the warrant as I/ We could not deposit the same due to the below reason:
Bank account number incorrectly mentioned Bank account mentioned was inactive/ closed
Warrant validity period has expired Other
I request to reissue the said warrant after necessary revalidation without change in bank Mandate.
I request you to update the above new bank details and make payment in new bank through NEFT/RTGS.
(**NOTE: Above Section (2) COB should be mandatorily filled to facilitate NEFT/RTGS)
11 POA (Power of Attorney) registration details

Name of the POA holder

PAN of the POA holder Attached KYC Copy (Mandatory) Notarized copy of POA

12 Updation of PAN & KYC

PAN of Sole/ First Applicant/ Guardian KYC Copy Self-attested copy of PAN

PAN of Second Applicant KYC Copy Self-attested copy of PAN

PAN of Third Applicant KYC Copy Self-attested copy of PAN

13 Change of broker code

Scheme Name AXIS

Name of distributor /RIA


*ARN to RIA / ARN to Direct or vice-versa is not applicable

ARN/RIA Code EUIN/Internal Code SUB-Distributor ARN

Declaration: I /We wish to change the distributor /broker /RIA code and request Axis Mutual Fund to update the ARN/RIA code in my/our folio
number/s mentioned above. I /We understand that if any mandatory details are not mentioned the request will be liable to be rejected. I/We hereby
give you/our consent to share provide the transactions data feed in respect of my/our investments to the above mentioned distributor/RIA.

14 DECLARATION & SIGNATURES (To be signed as per the Existing Mode of Holding)
Having read and understood the content of the Non- Financial Transactional Form of Axis Mutual Fund.
I/we have read and understood the instructions and I/we hereby apply for the necessary changes.
Investor Details 1st holder 2nd Holder 3rd Holder
Name

Signature

Date D D M M Y Y Y Y Place

NON - FINANCIAL TRANSACTION FORM


[Acknowledgement copy (To be filled by investor)]

Folio number Date D D M M Y Y Y Y

Received from Mr./Ms./Mrs. Stamp & Signature

Change in bank details Change in contact details Change in Mode of holding Consolidation of folios
Change of broker code Change in IDCW option Nomination details Registration of POA
(Power of Attorney)
Revalidation of IDCW/ redemption Systematic Transactions cancellation
SIP STP SWP DTP

Updation of PAN & KYC

INSTRUCTIONS
* Turn around time(TAT) will be different for each non-commercial request • Names of All unit holders
1. Change in bank details: Unitholder(s) need to attach any one of the • Order of the holdings
following mandatory documents in original, in respect of each bank account
for registering the bank accounts, failing which the particular bank account • Mode of Holding
will not be registered. This will help in verification of the account details • Tax Status
and register them accurately.
• Bank details
• A cancelled original cheque leaf/Self attested copy of cancelled cheque.
c) Folios under Lien / Pledge shall be ignored in Consolidation Request,
• Bank statement or Latest Passbook (Having entries not more than 3 unless the same has been submitted along-with the Financiers Consent
months old).
d) Source folio where SIP / STP through physical/ channel/ exchange is/ are
• A letter from the bank on its letter head certifying that the Unitholder active cannot be moved to target folio.
maintains/maintained an account with the bank. (The bank account
information like bank account number, bank branch, account type, the e) Partial consolidation of scheme, plan is not allowed it will be done for
MICR code of the branch and IFSC Code (where available). The letter folio level.
should be certified by the bank manager with his/her full signature, f) Please ensure source folio has no active SIP.
name, employee code, bank seal and contact number).
7. Nomination details
• Along with above documents, proof of old bank account to be provided.
1. The nomination can be made only by individuals applying for / holding
a) In case the bank account is already closed, a duly signed and stamped units on their own behalf, singly or jointly. If the units are held jointly, all
original letter from the concerned bank on the official letter head, joint holders will sign the nomination form irrespective whether mode of
confirming the closure of the said account may be submitted in lieu of the holding is Either or Survivor.
cancelled cheque.
2. Non-individuals including society, trust, body corporate, partnership
b) Account number and name of the first unit holder should be printed on firm, Karta of Hindu Undivided Family (HUF), holder of Power of
the face of the cheque. Attorney cannot nominate. Similarly, nomination cannot be registered in
c) The bank account will be registered will act as the default account. folio’s held in the name of the minor/s.
d) All documents submitted should clearly evidence the bank name, account 3. A minor can be nominated and in that event, the name and address of the
number and name of all account holders. guardian of the minor nominee shall be provided by the unit holder.
e) In the event of a request for change in bank account mandate being 4. Nomination can be done in favour of the Central Government, State
invalid / incomplete / not satisfaction in any respect /or not meeting any Government, a local authority, any person designated by virtue of his
requirements to the satisfaction of the AMC/Mutual Fund, the request office or a religious or charitable trust.
for such change may not be processed. Redemptions / dividend 5. A Non-Resident Indian(NRI) can be a Nominee subject to the exchange
payments, if any, will be processed and paid to the last registered bank controls in force, from time to time.
account information.
6. Nomination in respect of the units stands rescinded upon (a) transfer of
f) AMC/Mutual Fund will not be liable in case the redemption / dividend units and (ii) in the event where the death of the nominee precedes the
proceeds are credited to existing bank mandate account upon rejection death of the unit holder.
of change of bank mandate request.
7. Transfer of units in favour of a Nominee shall be valid discharge by the
2. Contact details: Applicants should provide contact information such as asset management company against the legal heirs.
email address, mobile number and other telephone numbers. The fund
sends transaction information and alerts via email and SMS, which will 8. The cancellation of nomination can be made only by those individuals
assist them keep track of the activities in the folio. who hold units on their own behalf, singly or jointly and who made the
original nomination.
The investors should provide primary account holder’s own email ID and
mobile number while providing the contact details. 9. On cancellation of the nomination, the nomination shall stand rescinded
and the asset management company shall not be under any obligation to
3. Mode of holding: Joint Applicants who wish to change their mode of holding transfer the units in favour of the Nominee.
from “Anyone or Survivor” to “Joint Holding” or vice versa should use this
section and hereby agree that after the updation of new mode of 10. Nomination can be made for maximum number of three nominees. In
holding/operation, any request based on previous holding/operation will case of multiple nominees, the percentage of the allocation/share should
not be honored by the fund. be in whole numbers without any decimals making a total of 100%.
4. Systematic Transactions cancellation (SIP/ SWP/ STP) 11. If the mode of holding is single and the existing nomination (s) is
cancelled without any further nomination, it shall be construed as a
a) Discontinuation Policy: Investors can discontinue their systematic deemed consent of that investor for not having any nominee in the
transactions by providing sufficient notice as follows: SIP - 20 days, STP / existing folio.
SWP - 15 days.
12. Nomination by a unitholder shall be applicable for investments in all
b) Please use separate cancellations forms for different schemes in the schemes in the folio or account.
same folio or different folios.
13. Every new nomination for a folio/ account will overwrite the existing
c) Please use separate cancellations forms Debit Mandate / Standing nomination. Nomination will be subject to the provisions of the
Instruction. respective Scheme Information Document.
d) For multiple SIP's fill multiple form, please ensure that all the said 14. In case of investors opting to hold the units in demat form, the
parameters are mention. Else the form may be liable for rejection. nomination details provided by the investor to the depository
e) In the absence of sufficient no. of days as mentioned above the participant, will be applicable.
cancellations would be effected from the next eligible cycle date. 15. In order to receive the amount standing to the credit of the account, in
f) In case of joint holders in the folio, the form needs to be signed by either the event of the death of the unitholder, the nominee (s) shall be obliged
one of the holders or all the holders depending upon the mode of holding. to furnish such documents as may be required by Axis AMC Ltd. to its
satisfaction.
g) Investor needs to ensure that the details mentioned in the SIP/STP/SWP
cancellation form are correctly filled in. 8. Revalidation of dividend/ redemption cheque - Mandatory Enclosure/s -
Please submit any one of the following Document/s in case of change in
h) In case of any ambiguity the SIP/STP/SWP cancellation is liable for bank details
rejection either at the collection point itself or subsequently after
detailed scrutiny/verification at the back office of the Registrar. • A cancelled original cheque leaf/Self attested copy of cancelled cheque
i) SIP/STP/SWP cancellation will not be available for Exchange registered • Bank statement or Latest Passbook (Having entries not more than 3
SIP or SIP registered through Channel Partner months old)
5. Dividend Transfer Plan (DTP) Form should be submitted atleast 7 days • Bank Letter
before the record date of any forthcoming proposed dividend. At the time of a) Account number and name of the first unit holder should be printed on
discontinuation of DTP facility, the Unit holders should indicate their choice the face of the cheque
of option i.e. dividend reinvestment or dividend payout. In the event the
Unitholder does not indicate his choice of dividend option, the dividend, if b) All documents submitted should clearly evidence the bank name, account
any, will be reinvested (compulsory payout if dividend reinvestment option is number and name of all account holders.
not available) in the Source Scheme. Once the request for DTP is registered, c) In the event of a request for change in bank account mandate being
then it shall remain in force unless it is terminated as aforesaid invalid / incomplete / not satisfaction in any respect /or not meeting any
6. Consolidation of folios requirements to the satisfaction of the AMC/Mutual Fund, the request
for such change may not be processed. Redemptions / dividend
a) If target folio is not specified, latest folio will be considered as Target payments, if any, will be processed and paid to the last registered bank
Folio account information.
b) Consolidation of Folios will be effected only if the following information d) AMC/Mutual Fund will not be liable in case the redemption / dividend
is identical in all Folio proceeds are credited to existing bank mandate account upon rejection
of change of bank mandate request.
INSTRUCTIONS (CONTD.)
9. POA (Power of Attorney) Only a general Power of Attorney agreement registered with IRDA and Public Financial Institution as defined under
without any restrictions and constant validity is accepted. section 4A of the Companies Act, 1956, Custodians shall verify the PAN
card details with the original PAN card and provide duly certified copies
a) Only a general Power of Attorney agreement without any restrictions of such verified PAN details to the intermediary.
and constant validity is accepted.
11. KYC compliance:
b) The POA must be executed on stamp paper and registered in India and a
duly notarized copy should be enclosed. a) Investors shall note that KYC is mandatory and they need to comply with
the ‘Know Your Client’ requirements, by submitting requisite documents
c) The POA must have signatures of the investor as well the POA holder. to CDSL Ventures Limited. For more information on KYC, please log on
d) If the signature of POA holder is not available, the fund may call for to www.axismf.com / www.cvlindia.com/www.amfiindia.com before
additional documents or declarations on a case to case basis. investing.
e) POA will be registered within 10 working days of receipt of all valid b) Applications are liable to be rejected without any intimation to the to the
documents. applicants, if KYC compliance, as required is not complied with by all the
unit holders.
10. Updation of PAN & KYC
12. Change of broker code
a) Self-attested copy of your PAN Card is mandatory
a) The change of broker code will be applicable on prospective basis.
b) Exemptions / clarifications to PAN (Sufficient documentary evidence in
support of such claims to be enclosed.) b) Change of broker code is not applicable in Direct option of any schemes
c) In case of transactions undertaken on behalf of Central Government c) In case of corrections / overwriting on key fields (as may be determined
and/or State Government and by officials appointed by Courts E.g. at the sole discretion of the AMC), the AMC reserves the right to reject
Official liquidator, Court receiver etc. the request, in case the investor(s) has/have not countersigned in every
place where such corrections/overwriting has/have been made.
d) Investors residing in the state of Sikkim.
d) Where no scheme is specified the broker code change will be processed
e) UN entities/multilateral agencies exempt from paying taxes/filing tax for all schemes in the given folio.
returns in India.
13. General Instructions
f) SIP of Mutual Funds upto Rs. 50,000/- p.a.
1. Alterations in the form, if, any, should be countersigned.
g) In case of institutional clients, namely, FIIs, MFs, VCFs, FVCIs, Scheduled
Commercial Banks, Multilateral and Bilateral Development Financial 2. AMC / Mutual Fund reserves the right to carry out additional/alternate
Institutions, State Industrial Development Insurance Companies validations to ascertain authenticity of any above request.

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