KEY INFORMATION MEMORANDUM AND ... - India Infolineassociates.indiainfoline.com/Portals/0/Images/site/MOST CAF.pdf · For further details of the scheme/Mutual Fund, ... KEY INFORMATION

Continuous Offer of Units at Applicable NAV.

This Key Information Memorandum (KIM) sets forth the information, which a prospective investor ought to know before investing. For further details of the scheme/Mutual Fund, due diligence certificate by the AMC, Key Personnel, investors’ rights & services, risk factors, penalties & pending litigations etc. investors should, before investment, refer to the Scheme Information Document and Statement of Additional Information available free of cost at any of the Investor Service Centres or distributors or from the website www.motilaloswal.com/assetmanagement and www.mostshares.com.

The Scheme particulars have been prepared in accordance with Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, as amended till date, and filed with Securities and Exchange Board of India (SEBI). The units being offered for public subscription have not been approved or disapproved by SEBI, nor has SEBI certified the accuracy or adequacy of this KIM.

KEY INFORMATION MEMORANDUM AND APPLICATION FORM

Motilal Oswal MOSt Focused 25 Fund (An open ended equity scheme)This product is suitable for investors who are seeking*:1. Return by investing in upto 25 companies with long term sustainable competitive advantage and growth potential2. Investment in Equity and equity related instruments subject to overall limit of 25 companies

3. High Risk (BROWN)

Motilal Oswal MOSt 10 Year Gilt Fund (MOSt 10 Year Gilt Fund) (An open ended gilt scheme)This product is suitable for investors who are seeking*:1. Long term capital appreciation2. Investment in securities issued by the Central Government and State Government.

3. Low Risk (BLUE)

Motilal Oswal MOSt Ultra Short Term Bond Fund (An open ended debt scheme)This product is suitable for investors who are seeking*:1. Optimal returns consistent with moderate levels of risk 2. Investment in debt securities and money market securities with average maturity less than equal to 12 months

3. Medium Risk (YELLOW)

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Note: Risk is represented as:

(BLUE) Please understand thatthe principal will be at low risk

(YELLOW) Please understand thatthe principal will be at medium risk

(BROWN) Please understand thatthe principal will be at high risk

Investment Objective

Motilal Oswal MOSt Focused 25 Fund:

The investment objective of the Scheme is to achieve long term capital

appreciation by investing in upto 25 companies with long term sustainable

competitive advantage and growth potential.

However, there can be no assurance or guarantee that the investment

objective of the Scheme would be achieved.

The investment objective of the Scheme is to generate optimal returns

consistent with moderate levels of risk and liquidity by investing in debt

securities and money market securities.



Asset Allocation Pattern


Instruments Indicative Risk Profile

allocations

(% of total assets)

Min. Max. High /

Medium / Low

Equity and equity related 65 100 High

instruments* selected from

Top 200 listed companies by

size of market capitalization

Equity and equity related 0 25 High

instruments* of companies

beyond Top 200 listed

companies by size of market

capitalization but with

minimum market capitalization

of `1400 crores

Money Market Instruments, 0 10 Low

G-Secs, Bonds, Debentures

and cash at call

*subject to overall limit of 25 companies

The scheme shall invest in equity and equity related instruments as per the investment objective of the scheme. While it is the intention of the Scheme to maintain the maximum exposure guidelines provided in the table above, there may be instances when these percentages may be exceeded. Typically, this may occur while the Scheme is new and the corpus is small thereby causing diversification issues.

Exposure by the Scheme in derivative instruments shall not exceed 50% of the total Net Assets of Scheme. The Scheme will not participate in stock lending more than 20% of total Net Assets of the Scheme and would limit its exposure with regard to stock lending for a single intermediary to the extent of 5% of the total net assets at the time of lending.

Motilal Oswal MOSt 10 Year Gilt Fund:

The primary investment objective of the Scheme is to generate credit risk-

free returns by investing in a portfolio of securities issued by the Central

Government and State Government.



Motilal Oswal MOSt Ultra Short Term Bond Fund:

The scheme will not invest in Securitised debt and foreign

securities.

The cumulative gross exposure through equity, debt and

derivative positions should not exceed 100% of the net assets of the

scheme.


allocations

(% of total assets)

Min. Max. High /

Medium / Low


allocations

(% of total assets)

Min. Max. High /

Medium / Low

Debt Instruments including 0 100 LowGovernment Securities, Corporate Debt, Other debtinstruments, Term Depositsand Money MarketInstruments with averagematurity less than equalto 12 months

*Money Market Instruments include CMBs, T-Bills, and Government securities with an unexpired maturity upto one year, CBLOs & Repo/ Reverse Repo. The scheme will not invest in Securitised debt, foreign securities, corporate repo & reverse repo and derivatives.

The total investments in the Fund including investment in debt, money

market and other securities shall not exceed the net assets under

management in the scheme.

The Scheme will retain the flexibility to invest in the entire range of

securities as per investment objectives of the Scheme and as per the SEBI

Regulations with average maturity less than equal to 12 months.

Investment Strategy

Motilal Oswal MOSt Focused 25 Fund: The primary investment

objective of the Scheme is to generate returns by investing in a portfolio of

primarily in equity and equity related instruments, money market


10 year Benchmark

Government Security 90 100 Low

Other Government 0 10 LowSecurities (7 to 12 years), T-Bills, Cash Management Bills, CBLO & Repo

*Money Market Instruments include CDs, CBLOs & Repo and any other like instruments with a maturity of upto 1 year or less, as specified by the RBI from time to time.

While it is the intention of the Scheme to maintain the maximum exposure guidelines provided in the table above, there may be instances when these percentages may be exceeded. Typically, this may occur while the Scheme is new and the corpus is small thereby causing diversification issues.


instruments, cash and cash equivalents. The Fund may also enter into

“Stock Lending” or such other transactions, in accordance with the

Regulations, as may be allowed to Mutual Funds from time to time.

The scheme shall follow an active investment style and it will seek to invest

in companies with strong competitive position, good industry prospects,

good business prospects along with quality management that may help

them to achieve good growth over medium to long term.

While making investment decisions, besides other factors, the impact of

the prevailing economic environment over the medium to long term

prospects of the companies will also be taken into consideration.

The AMC will endeavour to meet the investment objective of the Scheme

while maintaining a balance between safety, liquidity and return on

investments.

The fund

management team will endeavor to maintain a consistent performance in

the scheme by maintaining a balance between safety, liquidity and

profitability aspects of various investments. The fund manager will try to

achieve an optimal risk return balance for management of the fixed income

portfolios. The investments in debt instruments carry various risks like

interest rate risk, liquidity risk, default risk, purchasing power risk etc. While

they cannot be done away with, they can be minimized by diversification

and effective use of hedging techniques. The fund management team will

take an active view of the interest rate movement by keeping a close watch

Motilal Oswal MOSt 10 Year Gilt Fund: The Scheme will invest the funds

in the entire range of Government securities, T-Bills, CMB & money market

instruments as per investment objectives of the Scheme and as per the

SEBI Regulations. Investment objective of the Scheme is to invest in highly

liquid Government securities, T-Bills, CMB & money market instruments

with highest level of credit quality. The objective is to enhance the returns

and minimize the price risk and loss of capital even on a daily basis. The

Scheme investments will be in accordance with investment objective of the

Scheme and provisions of SEBI regulations.

The AMC will endeavour to meet the investment objective of the Scheme

while maintaining a balance between safety, liquidity and return on

investments.

As the primary objective of the Scheme is to provide high liquidity with low

volatility, the AMC will invest a significant portion of assets in short term

securities, which carry low market risk. The Fund will try to identify

securities that yield relative value over others for similar risk and liquidity

level. Various analytical tools like spread, horizon returns, forward implied

interest rates will be deployed to evaluate various investment options.

Investment in debt instruments carry various risks like Interest Rate Risk,

Liquidity Risk, Credit Risk, etc. While they cannot be eliminated, they can

be reduced by diversification and effective use of hedging techniques.

Investment views/decisions will be taken on the basis of following

parameters:

1. Liquidity of the security.

2. Maturity profile of the instruments.

3. Quality of the Security/instrument (including the financial health of the

issuer).

4. Returns offered relative to alternative investment opportunities.

5. Prevailing interest rate scenario.

6. Any other factors considered relevant in the opinion of the AMC.


on various parameters of the Indian economy, as well as developments in

global markets. Investment in debt instruments carry various risks like

Interest Rate Risk, Liquidity Risk, Credit Risk, etc. While they cannot be

eliminated, they can be reduced by diversification and effective use of

hedging techniques.

Investment views/decisions will be taken on the basis of following parameters:

1. Liquidity of the security.

2. Maturity profile of the instruments.

3. Quality of the Security/instrument (including the financial health of the issuer).

4. Returns offered relative to alternative investment opportunities.

5. Prevailing interest rate scenario.

6. Any other factors considered relevant in the opinion of the AMC.

Risk Profile of the Scheme & Risk Mitigation

Motilal Oswal MOSt Focused 25 Fund: The Scheme is subject to the

principal risks described below. Some or all of these risks may adversely

affect Scheme’s NAV, yield, return and/or its ability to meet its objectives.

• Market Risk

The Scheme’s NAV will react to stock market movements .The Investor

may lose money over short or long period due to fluctuation in Scheme’s

NAV in response to factors such as performance of companies whose

stock comprises the underlying portfolio, economic and political

developments, changes in interest rates, inflation and other monetary

factors and movement in prices of underlining investments.

• Regulatory Risk

Any changes in trading regulations by NSE or SEBI may affect the ability of

market maker to arbitrage resulting into wider premium/discount to NAV.

• Right to Limit Redemptions

The Trustee, in the general interest of the unit holders of the Scheme

offered under this SID and keeping in view of the unforeseen

circumstances / unusual market conditions, may limit the total number of

Units which can be redeemed on any Business Day.

• Asset Class Risk

The returns from the types of securities in which the Scheme invests may

under perform from the various general securities markets or different

asset classes. Different types of securities tend to go through cycles of out-

performance and under-performance in comparison with the general

securities markets.

• Interest Rate Risk

Changes in interest rates will affect the Scheme’s Net Asset Value. The

prices of securities usually increase as interest rates decline and usually

decrease as interest rates rise. The extent of fall or rise in the prices is

guided by duration, which is a function of the existing coupon, days to

maturity and increase or decrease in the level of interest rate. The new

level of interest rate is determined by the rate at which the government

raises new money and/or the price levels at which the market is already

dealing in existing securities. Prices of long-term securities generally

fluctuate more in response to interest rate changes than short-term

securities. The price risk is low in the case of the floating rate or inflation-

linked bonds. The price risk does not exist if the investment is made under

a repo agreement. Debt markets, especially in developing markets like

India, can be volatile leading to the possibility of price movements up or

down in fixed income securities and thereby to possible movements in the

NAV.

• Credit Risk

Credit Risk means that the issuer of a security may default on interest

payments or even paying back the principal amount on maturity (i.e. the

issuer may be unable to make timely principal and interest payments on

the security). Even where no default occurs, the prices of security may go

down because the credit rating of an issuer goes down. It must be,

however, noted that where the Scheme has invested in Government

securities, there is no risk to that extent.

• Liquidity or Marketability Risk

This refers to the ease at which a security can be sold at or near

its true value. The primary measure of liquidity risk is the spread between

the bid price and the offer price quoted by a dealer. Liquidity risk is

characteristic of the Indian fixed income market. Trading Volumes,

settlement periods and transfer procedures may restrict the liquidity of the

investments made by the Scheme. Different segments of the Indian

financial markets have different settlement periods and such period may

be extended significantly by unforeseen circumstances leading to delays

in receipt of proceeds from sale of securities. As liquidity of the investments

made by the Scheme could, at times, be restricted by trading volumes and

settlement periods, the time taken by the Fund for redemption of units may

be significant in the event of an inordinately large number of redemption

requests or restructuring of the Scheme.

• Risks associated with Investing in Derivatives

Derivative products are leveraged instruments and can provide

disproportionate gains as well as disproportionate losses to the investor.

Execution of such strategies depends upon the ability of the fund manager

to identify such opportunities. Identification and execution of the strategies

to be pursued by the fund manager involve uncertainty and decision of the

fund manager may not always be profitable. No assurance can be given

that the fund manager will be able to identify or execute such strategies.

Derivative products are specialized instruments that require investment

techniques and risk analysis different from those associated with stocks.

The use of a derivative requires an understanding not only of the

underlying instrument but of the derivative itself. Derivatives require the

maintenance of adequate controls to monitor the transactions entered into,

the ability to assess the risk that a derivative adds to the portfolio and the

ability to forecast price or interest rate movements correctly. There is a

possibility that a loss may be sustained by the portfolio as a result of the

failure of another party (usually referred to as the “counterparty”) to comply

with the terms of the derivatives contract. Other risks in using derivatives

include the risk of mis-pricing or improper valuation of derivatives and the

inability of derivatives to correlate perfectly with underlying assets, rates

and indices, illiquidity risk whereby the Scheme may not be able to sell or

purchase derivative quickly enough at a fair price. The risks associated

with the use of derivatives are different from or possibly greater than, the

risks associated with investing directly in securities and other traditional

investments.

• Risks associated with Stock Lending

Stock Lending is a lending of securities through an SEBI approved

intermediary to a borrower under an agreement for a specified period with

the condition that the borrower will return equivalent securities of the same

type or class at the end of the specified period along with the corporate

benefits accruing on the securities borrowed.

In case the Scheme undertakes stock lending as prescribed in the Regulations, it may, at times be exposed to counter party risk and other risks associated with the securities lending. Unitholders of the Scheme should note that there are risks inherent to securities lending, including the risk of failure of the other party, in this case the approved intermediary, to comply with the terms of the agreement entered into between the lender of securities i.e. the Scheme and the approved intermediary. Such failure can result in the possible loss of rights to the collateral put up by the borrower of the securities, the inability of the approved intermediary to return the securities deposited by the lender and the possible loss of any corporate benefits accruing to the lender from the securities lent. The Fund may not be able to sell such lent securities and this can lead to temporary illiquidity.

• Risks associated with investing in Equities

Equity and Equity related instruments on account of its volatile nature are subject to price fluctuations on daily basis. The volatility in the value of the equity and equity related instruments is due to various micro and macro economic factors affecting the securities markets. This may have adverse impact on individual securities /sector and consequently on the NAV of Scheme. The inability of the Scheme to make intended securities purchases due to settlement problems could cause the Scheme to miss certain investment opportunities as in certain cases, settlement periods may be extended significantly by unforeseen circumstances. Similarly, the inability to sell securities held in the schemes portfolio may result, at times, in potential losses to the scheme, should there be a subsequently decline in the value of the securities held in the schemes portfolio. Trading volumes, settlement periods and transfer procedures may restrict the liquidity of the investments. This may impact the ability of the unit holders to redeem their units. In view of this, the Trustee has the right, in its sole discretion to limit redemptions (including suspending redemptions) under certain circumstances. The Scheme may find itself invested in unlisted securities due to external events or corporate actions. This may increase the risk of the portfolio as these unlisted securities are inherently illiquid in nature and carry larger liquidity risk as compared to the listed securities or those that offer other exit options to the investors. Investments in equity and equity related securities involve high degree of risks and investors should not invest in the Scheme unless they can afford to take the risk of losing their investment.

• Risk Mitigation Measures

The Fund makes the Investment as per the investment objective of the Scheme and in accordance with SEBI Regulations.

Motilal Oswal MOSt 10 Year Gilt Fund: Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk factors before investment. Scheme specific Risk Factors are summarized below:

1. The volatility in the securities market have adverse impact on individual securities/sector and consequently on the NAV of Scheme.

2. The Portfolio of the Scheme will comprise predominantly of securities issued by the Central or State Government and to a lessor extent Reverse Repo. As such, there would be Zero-Credit Risk. Since there is restriction on the weighted average maturity of the securities i.e. upto four years, there would be low price risk or interest rate risk.

3. The 10 yr Benchmark Government Bond is the most liquid security in the entire Government Bond market, presently it alone constitutes about 80%-90% of the entire volume of the Government Bond market. The 10 yr Benchmark however changes every year as there is a new 10 yr Benchmark Government Bond issued by the RBI as the existing one becomes a 9 yr residual maturity paper, hence the market exits from the existing paper and the focus shifts to the new 10 yr Benchmark Government Bond.

Motilal Oswal MOSt Ultra Short Term Bond Fund: Mutual Fund Units

involve investment risks including the possible loss of principal. Please

read the SID carefully for details on risk factors before investment. Scheme

specific Risk Factors are summarized below:

• Market Risk

The Scheme’s NAV will react to the interest rate movements. The Investor

may lose money over short or long period due to fluctuation in Scheme’s

NAV in response to factors such as economic and political developments,

changes in interest rates, inflation and other monetary factors and also

movement in prices of underlining investments.

• Regulatory Risk

Any changes in trading regulations by NSE or SEBI may affect the ability of

market maker to arbitrage resulting into wider premium/discount to NAV.

• Right to Limit Redemptions

The Trustee, in the general interest of the unit holders of the Scheme

offered under this SID and keeping in view of the unforeseen

circumstances/unusual market conditions, may limit the total number of

Units which can be redeemed on any Business Day.

• Asset Class Risk

The returns from the types of securities in which the Scheme invests may

under perform from the various general securities markets or different

asset classes. Different types of securities tend to go through cycles of out-

performance and under-performance in comparison with the general

securities markets.

• Interest Rate Risk

Changes in interest rates will affect the Scheme’s Net Asset Value. The

prices of securities usually increase as interest rates decline and usually

decrease as interest rates rise. The extent of fall or rise in the prices is

guided by modified duration, which is a function of the existing coupon,

days to maturity and increase or decrease in the level of interest rate. The

new level of interest rate is determined by the rate at which the government

raises new money and/or the price levels at which the market is already

dealing in existing securities. Prices of long-term securities generally

fluctuate more in response to interest rate changes than short-term

securities. The price risk is low in the case of the floating rate or inflation-

linked bonds. The price risk does not exist if the investment is made under

a repo agreement. Debt markets, especially in developing markets like

India, can be volatile leading to the possibility of price movements up or

down in fixed income securities and thereby to possible movements in the

NAV.

Modified Duration is a measure of price sensitivity, the change in the value

of investment to a 1% change in the yield of the investment.

• Credit Risk

Credit Risk means that the issuer of a security may default on interest

payments or even paying back the principal amount on maturity. (i.e. the

issuer may be unable to make timely principal and interest payments on

the security). Even where no default occurs, the prices of security may go

down because the credit rating of an issuer goes down. It must be,

however, noted that where the Scheme has invested in Government

securities, there is no risk to that extent.

• Liquidity or Marketability Risk

This refers to the ease at which a security can be sold at or near its true

value. The primary measure of liquidity risk is the spread between the bid

price and the offer price quoted by a dealer. Liquidity risk is characteristic of

the Indian fixed income market. Trading Volumes, settlement periods and

transfer procedures may restrict the liquidity of the investments made by

the Scheme. Different segments of the Indian financial markets have

different settlement periods and such period may be extended significantly

by unforeseen circumstances leading to delays in receipt of proceeds from

sale of securities. As liquidity of the investments made by the Scheme

could, at times, be restricted by trading volumes and settlement periods,

the time taken by the Fund for redemption of units may be significant in the

event of an inordinately large number of redemption requests or

restructuring of the Scheme.

• Risks associated with short selling

Scheme may enter into short selling transactions, subject to SEBI and RBI

regulations in the matter. This will be done if the fund management team is

of the view that there exists an opportunity to make trading gains. Calls for

short selling will be taken after considering the liquidity, price movement &

volatility of the security by the fund management team. There can be a loss

in such a transaction if the price of the security goes up instead of falling

down.

Plans

Regular Plan and Direct Plan.

Direct Plan is only for investors who purchase/subscribe Units in a Scheme

directly with the Fund and is not routed through an AMFI Registration

Number (ARN) Holder.

Options (Under Each Plan)

Motilal Oswal MOSt Focused 25 Fund & Motilal Oswal MOSt

10 Year Gilt Fund:

Dividend (Payout and Reinvestment) and Growth.

Dividend Option - Under this Option, the Trustee reserves the right to

declare dividend under the Scheme depending on the net distributable

surplus available under the Option. It should, however, be noted that actual

declaration of dividends and the frequency of distribution will depend, inter-

alia, on the availability of distributable surplus and will be entirely at the

discretion of the Trustees or any Committee authorised by them.

Growth Option - All Income earned and realized profit in respect of a unit

issued under that will continue to remain invested until repurchase and

shall be deemed to have remained invested in the option itself which will be

reflected in the NAV.

The AMC reserves the right to introduce further Plans / Options as and

when deemed fit.


Growth and Dividend (Payout and re-investment)

• Growth: The respective option will not declare any dividends. Income /

profits received / earned on the Scheme’s corpus would be accumulated

by the Fund as capital accretion & will remain invested in the Scheme and

will be reflected in the Net Asset Value (NAV). Unit holders who opt for this

Option will not receive any dividend in normal circumstances.

• Dividend:

a) Dividend Reinvestment option:

Unit holders opting for dividend option may choose to reinvest the dividends to be received by them. Under this facility the dividend due and payable to the Unit holders will be compulsorily and without any further act by the Unit holders, reinvested in the dividend option at a price based on

the prevailing Net Asset Value per Unit on the record date. The Units for the purpose of re-investment will be created and credited to the Unit holder’s account at the applicable NAV announced immediately following the record date. There shall, however, be no load on the dividends so reinvested.

b) Dividend Payout option

Under this option, it is proposed to declare dividends subject to the availability of distributable surplus as computed in accordance with SEBI Regulations. Dividends, if declared, will be paid (subject to deduction of dividend distribution tax and statutory levy, if any) to those Unit holders, whose names appear in the register of Unit holders on the notified record date. AMC reserves the right to decide the record date from time to time. However, it must be distinctly understood that actual declaration of dividends is at the discretion of the Board of Trustees. There is no assurance or guarantee to Unit holders as to the rate of dividend distribution nor that the dividends will be declared regularly, though it is the intention of the Mutual Fund to make regular dividend distribution under the Dividend Plan. On payments of dividends, the NAV will stand reduced by the amount of dividend paid and the dividend distribution tax, if applicable.

Default Plan / Option

`

In case the investor has not specified any of the following in the application form, the default attributes to be applicable are as under:

1. Default Option: Growth Option

2. In case of Dividend Option, default between Re-investment and Payout: Re-investment.

3. In case of Dividend Re-investment facility, default Frequency: Daily

4. In case of Dividend Payout facility, default between Monthly and Quarterly. Payout: Quarterly Payout

If dividend payout is less than ` then it would be compulsorily

re-invested.

Sub-Options (Under each Dividend Plan)

Plan Options Facility Frequency Record date

Sub-

Options/

Regular Dividend Dividend Re- Daily Every business

and investment day

Direct Dividend Dividend Re- Weekly Every Friday*

investment

Dividend Dividend Re- Fortnightly Every 2nd & 4th

investment Friday* of the Month

Investors subscribing Units under Direct Plan of a Scheme should indicate “Direct Plan” against the Scheme name in the application form. Investors should also mention “Direct” in the ARN column of the application form. However, in case Distributor code is mentioned in the application form but “Direct Plan” is mentioned against the Scheme name, then the Distributor code will be ignored and the application will be processed under Direct Plan. Further, where application is received without mentioning Distributor code or where “Direct” is mentioned in the ARN Column, then the application will be processed under Direct Plan.

If the investor does not clearly specify the choice of option at the time of investing, it will be deemed that the investor has opted for Growth option and in case he does not specify payout/re-investment under dividend option, it will be deemed to be dividend re-investment. If dividend payout is

less than 500 then it would be compulsorily re-invested

500

Sub-Options (Under each Dividend Plan)

Plan Options Facility Frequency Record date

Sub-

Options/

Dividend Dividend Re- Monthly Every last Friday* of

investment / the month

Payout

Dividend Dividend Re- Quarterly Every last Friday* of

investment / the quarter

Payout

* If Friday is a holiday, then the record date shall be the previous Business

day.

Minimum amount for purchase /

switches into the Scheme on an ongoing basis


` 5,000/- and in multiples of ` 1/-

thereafter.

Additional Application Amount: ` 1,000/- and in multiples of ` 1/-

thereafter.

Systematic Investment Plan (SIP): Minimum instalment amount -

`1,000/- for Weekly, Fortnightly Monthly and `2,000/- for Quarterly

frequency and in multiples of ` 1/- thereafter. The dates for the Auto Debit st th th st thFacility shall be on the 1 , 7 , 14 , 21 or 28 of every month. In case, the

date fixed happens to be a holiday/non-business day, the same shall be

affected on the next business day. No Post Dated cheques would be

accepted for SIP.

` `

` `

` `

`st th th st th1 , 7 , 14 , 21 or 28 month/ quarter


Minimum Application Amount ` 5,000/- and in multiples of ` 1/-

thereafter.

Additional Application Amount: ` 1,000/- and in multiples of ` 1/-

thereafter.


` 1,000/- and ̀ 2,000/- respectively for Monthly and Quarterly frequency

and in multiples of ̀ thereafter. The dates for Auto Debit Facility shall st th th st thbe on the 1 , 7 , 14 , 21 or 28 of every month/ quarter. In case, the date

fixed happens to be a holiday / non-business day, the same shall be


accepted for SIP.

Minimum Application Amount:


Minimum Application Amount: 10,000/- and in multiples of 1/-

thereafter.

Additional Application Amount: 1,000/- and in multiples of 1/-

thereafter.


1,000 and 2,000 respectively for Monthly and Quarterly frequency

and in multiples of 1/- thereafter. The dates for Auto Debit Facility shall

be on the of every . In case, the date

fixed happens to be a holiday / non-business day, the same shall be


accepted for SIP.

1/-

For Redemption/Switch out

• In respect of valid applications received upto 3 p.m. on a Business Day

by the Fund, same day's closing NAV shall be applicable.

• In respect of valid applications received after 3 p.m. on a Business Day

by the Fund, the closing NAV of the next Business Day shall be

applicable.

` `

Motilal Oswal MOSt 10 year Guilt Fund and Motilal Oswal MOSt Ultra

Short Term Bond Fund:

Applications for amount less than 200,000 ( Two Lakhs Only)

For Purchase including switch-ins:

• In respect of valid applications received upto 3.00 p.m. on a Business

Day by the Fund along with a local cheque or a demand draft payable at

par at the official Point(s) of acceptance where the application is

received, the closing NAV of the day onwhich application is received

shall be applicable.

• In respect of valid applications received after 3.00 p.m. on a Business

Day by the Fund along with a local cheque or a demand draft payable at

par at the officialPoint(s) of acceptance where the application is

received, the closing NAV of the next Business Day shall be applicable.

• However, in respect of valid applications, with outstation cheques /

demand drafts not payable at par at the official Point(s) of acceptance

where the application is received, closing NAV of the day on which the

cheque / demand draft is credited shall be applicable.

Applications for amount equal to or greater than Rs. 2 lakh

For Purchases including switch-ins:

In respect of applications for purchase / switch-in of units of an amount

equal to or more thanRs.2 lakh, the closing Net Asset Value (NAV) of the

Business Day on which the funds are availablefor utilization shall be

applicable provided that:

(i) Application for purchase / switch-in is received before the applicable

cut-off time i.e.

3.00 p.m.

(ii) Funds for the entire amount of subscription / purchase / switch-in as

per the application are credited to the bank account of the respective

schemes before the cut-off time.

(iii) The funds are available for utilization before the cut-off time without

availing any credit facilitywhether intra-day or otherwise.

Where application is received after the cut-off time on a Business Day but

the funds are cleared on the same day, the closing NAV of the next

Business Day shall be applicable.

For investments of an amount equal to or more than Rs.2 lakh through

systematic investment routes such as Systematic Investment Plans (SIP),

Systematic Transfer Plans (STP), the units will be allotted as per the

closing NAV of the day on which the funds are available for utilization by the

Target Scheme.

All multiple applications for investment at the Unit holders’ PAN and holding pattern level in a Scheme (irrespective of amount or the plan/option/sub-option) received on the same Business Day, will be aggregated to ascertain whether the total amount equals to Rs. 2 lakh or more and to determine the applicable Net Asset Value. Transactions in the name of

Minimum Redemption Amount

Minimum of ̀ 1,000/- and in multiples of ̀ 1/- thereafter or total investment

amount, whichever is lower.

Applicable NAV

Motilal Oswal MOSt Focused 25 Fund: Cut-off time is the time before

which the Investor’s Application Form(s) (complete in all respects) should

reach the Official Points of Acceptance to be entitled to the Applicable NAV

of that Business Day.

An application will be considered accepted on a Business Day, subject to it

being complete in all respects and received and time stamped upto the

relevant cut-off time mentioned below, at any of the Official Points of

Acceptance of transactions. Where an application is received and the time

stamping is done after the relevant cut-off time the request will be deemed

to have been received on the next Business Day.

Applications for an amount less than ̀ 2,00,000/- (` Two lakh only)

For Purchases including switch-ins:

• In respect of valid applications received upto 3.00 p.m. on a Business

Day by the Fund alongwith a local cheque or a demand draft payable at

par at the Official Point(s) of Acceptance where the application is

received, the closing NAV of the day on which application is received

shall be applicable.

• In respect of valid applications received after 3.00 p.m. on a Business

Day by the Fund alongwith a local cheque or a demand draft payable at

par at the Official Point(s) of Acceptance where the application is

received, the closing NAV of the next Business Day shall beapplicable

• However, in respect of valid applications, with outstation cheques /

demand drafts not payable at par at the Official Point(s) of Acceptance

where the application is received, closing NAV of the day on which the

cheque / demand draft is credited shall be applicable.

Applications for amount equal to or greater than ` 2,00,000/-

(` Two lakh only)

For Purchases including switch-ins

• In respect of valid applications received for an amount equal to or more

than ` 2 lakh upto 3.00 p.m. at the Official Point(s) of Acceptance and

where the funds for the entire amount of subscription/ purchase as per the

application are credited to the bank account of the Scheme before the

cut-off time i.e. available for utilization before the cut-off time -the closing

NAV of the day shall be applicable.

• In respect of valid applications received for an amount equal to or more

than ` 2 lakh after 3.00 p.m. at the Official Point(s) of Acceptance and

where the funds for the entire amount of subscription/purchase as per

the application are credited to the bank account of the Scheme before

the cut-off time of the next Business Day i.e. available for utilization

before the cut-off time of the next Business Day - the closing NAV of the

next Business Day shall be applicable.

• Irrespective of the time of receipt of applications for an amount equal to

or more than ` 2 lakh at the Official Point(s) of Acceptance, where the

funds for the entire amount of subscription/purchase as per the

application are credited to the bank account of the Scheme before the

cut-off time on any subsequent Business Day i.e. available for utilization

before the cut-off time on any subsequent Business

13.25

12.75

12.25

11.75

11.25

10.75

10.25

9.75

9.251 Year Since Inception

Scheme Return CRISIL 10 Yr Gilt Index Return

Absolute Returns for the last Financial Year

Past performance may or may not be sustained in future. Returns are

Absolute & inception date is deemed to be date of allotment i.e. December

12, 2011. *Returns shown above one year are annualized returns

Motilal Oswal MOSt Ultra Short Term Bond Fund: The Scheme is a new

Scheme and does not have any performance track record.

Expenses of the Scheme


(i) Load Structure

Type of Load Load chargeable (as %age of NAV)

Entry NIL

Exit NIL

(ii) Recurring expenses

The SEBI has prescribed the maximum annual recurring expenses that

can be charged to the Scheme. Annual Scheme Recurring Expenses shall

be within the limits stated in Regulations 52(6) and subject to a percentage

limit of Daily Net Assets as stated below:

First `100 crore - 2.50%

Next `300 crores- 2.25%

Next `300 crores- 2.00%

On the balance of the assets - 1.75%

Note: 0.70% of TER is charged towards distribution/commission under

Regular Plan. The TER of Direct plan will be lowered to the extent of above

mentioned distribution/commission which is charged in Regular Plan.

In addition to the recurring expenses specified for the Scheme, the following expenses/ Service Tax may also be charged under the Scheme:

a) Expenses in respect of inflows from beyond top 15 cities - a maximum charge of 0.30% on the daily net assets computed as per the guidelines issued by SEBI for meeting distribution expenses incurred for bringing inflows from such cities.

b) Expenses not exceeding 0.20% p.a. of daily net assets towards Investment Management and Advisory Fees and the various sub-heads of recurring expenses mentioned under Regulation 52 (2) & (4) of SEBI (MF) Regulations respectively;

c) Brokerage and transaction costs not exceeding 0.12% of the value of trades in case of cash market transactions; and

d) Service Tax on Investment Management and Advisory Fees.

For further details, please refer to the SID.

minor received through guardian will not be aggregated with the transaction in the name of same guardian. The AMC may have additional criteria for aggregation of multiple transactions. The criteria for aggregation of multiple transactions shall be as decided by the AMC at its sole discretion from time to time.

For Redemptions including switch-outs:

• In respect of valid applications received upto 3.00 p.m. on a Business Day by the Fund, same day’s closing NAV shall be applicable.

• In respect of valid applications received after 3.00 p.m. on a Business Day by the Fund, the closing NAV of the next Business Day shall be applicable.

Motilal Oswal MOSt 10 Year Gilt Fund: CRISIL 10 Year Gilt Index

Motilal Oswal MOSt Ultra Short Term Bond Fund: CRISIL Short Term Bond Fund Index

Motilal Oswal MOSt 10 Year Gilt Fund: Mr. Abhiroop Mukherjee


Despatch of Repurchase (Redemption) Request

The redemption or repurchase proceeds shall be dispatched to the Unitholders within 10 working days from the date of redemption or repurchase.

Benchmark Index

Motilal Oswal MOSt Focused 25 Fund: CNX Nifty Index

Dividend Policy

The Trustees may declare dividend subject to the availability of distributable surplus calculated in accordance with SEBI (MF) Regulations. The actual declaration of dividend and the frequency of distribution will be entirely at the discretion of the Trustees. The dividend would be paid to the Unitholders whose names appear in the Register of Unitholders as on the record date.

There is no assurance or guarantee to the Unitholders as to the rate of dividend nor that would the dividend be paid regularly. If the Fund declares dividend, the NAV will stand reduced by the amount of dividend and dividend distribution tax (if applicable) paid. All the dividend payments shall be in accordance and compliance with SEBI Regulations, as applicable from time to time.

Name of the Fund Manager

Motilal Oswal MOSt Focused 25 Fund: Mr. Taher Badshah

Mr. Abhiroop Mukherjee

Name of the Trustee Company

Motilal Oswal Trustee Company Limited

Performance of the scheme

Motilal Oswal MOSt Focused 25 Fund: The Scheme is a new Scheme and has not completed 1 year.

Motilal Oswal MOSt 10 Year Gilt Fund: (As on March 31, 2013)

Particulars Scheme Returns % Benchmark Returns %

Most 10 Year CRISIL 10 Year

Gilt Fund Gilt Index

Returns for thelast 1 year 9.79% 11.25%

Returnssince inception 11.48% 13.16%


(I) Load Structure


Entry Nil

Exit* 0.25% for exit within 30 days from the

date of investment.


SEBI has prescribed the maximum annual recurring expenses

that can be charged to the Scheme. Annual Scheme Recurring Expenses

shal l be wi th in the l imi ts s tated in Regulat ions 52(6)

and subject to a percentage limit of Daily Net Assets as

stated below:

First Rs.100 crore - 2.25%

Next 300 crores - 2.00%

Next 300 crores - 1.75%

On the balance of Assets - 1.50%

In addition to the recurring expenses specified for the Scheme, the

following expenses/ Service Tax may also be charged under the Scheme:

a) Expenses in respect of inflows from beyond top 15 cities - a maximum

charge of 0.30% on the daily net assets computed as per the guidelines

issued by SEBI for meeting distribution expenses incurred for bringing

inflows from such cities.

b) Expenses not exceeding 0.20% p.a. of daily net assets

towards Investment Management and Advisory Fees and the various

sub-heads of recurring expenses mentioned under Regulation 52 (2) &

(4) of SEBI (Mutual Funds) Regulations, 1996 respectively;

c) Brokerage and transaction costs not exceeding 0.12% of the value of

trades in case of cash market transactions; and

d) Service Tax on Investment Management and Advisory Fees.

For further details, please refer to the SID.

Actual Expenses for the previous financial year (2012-2013):

0.99%

The current expenses charged to the Scheme has been disclosed on the

website of the Mutual Fund and in case of change, the Mutual Fund would

update the current expense ratios on its website within two working days

mentioning the effective date of the change.


(i) Load Structure


Entry NIL

Exit NIL


SEBI has prescribed the maximum annual recurring expenses

that can be charged to the Scheme. Annual Scheme Recurring Expenses

shal l be wi th in the l imi ts s tated in Regulat ions 52(6)

and subject to a percentage limit of Daily Net Assets as in the

table below:

First ̀ 100 crore - 2.25%

Next ̀ 300 crores- 2.00%

Next ̀ 300 crores- 1.75%

On the balance of the assets 1.50%

The total expenses of the scheme as per Regulation 52(6) schemes shall

not exceed 2.25 per cent of the daily net assets of the scheme as stated

below and are subject to inter-se change and may increase/decrease as

per actuals, and/or any change in the Regulations:

Expense Head % of daily

Net Assets

Investment Management and Advisory Fees

Trustee fee

Audit fees

Custodian fees

RTA Fees

Marketing & Selling expense incl. agent commission

Cost related to investor communications

Cost of fund transfer from location to location

Cost of providing account statements anddividend redemption cheques and warrants Upto 2.25%

Costs of statutory Advertisements

Cost towards investor education & awareness(at least 2 bps)

Brokerage & transaction cost over and above 12 bps for cash trades.

Service tax on expenses other than investment and advisory fees

Service tax on brokerage and transaction cost

Other Expenses

Maximum total expense ratio (TER) permissible Upto 2.25%under Regulation 52(6) (a) and (6) (c) (ii)

Additional expenses under regulation 52 (6A) (c) Upto 0.20%

Additional expenses for gross new inflows Upto 0.30%from specified cities

Any expenditure in excess of the limits specified in the SEBI Regulations shall be borne by the AMC.

Service Tax:

1. The scheme may charge service tax on investment and advisory fees to the scheme in addition to the maximum limit of TER as prescribed in regulation 52 of the Regulations.

2. Service tax on other than investment and advisory fees, if any, shall be borne by the scheme within the maximum limit of TER as per regulation 52 of the Regulations.

3. Service tax on exit load, if any, shall be paid out of the exit load proceeds and exit load net of service tax, if any, shall be credited to the scheme.

4. Service tax on brokerage and transaction cost paid for asset purchases, if any, shall be within the limit prescribed under regulation 52 of the Regulations.

Note: At least 0.75% of the TER is charged towards distribution expenses/ commission in the Regular Plan. The TER of the Direct Plan will be lower to the extent of the abovementioned distribution expenses/ commission (at least .075%) which is charged in the Regular Plan.

In addition to the limits as specified in Regulation 52(6) of SEBI (Mutual Funds) Regulations 1996 or the Total Recurring Expenses (Total Expense Limit) as specified above, the following costs or expenses may be charged to the scheme:

Additional TER can be charged up to 30 basis points on daily net assets of the scheme as per regulation 52 of SEBI (Mutual Funds) Regulations, 1996 (hereinafter referred to as Regulations), if the new inflows from beyond top 15 cities are at least (a) 30% of gross new inflows in the scheme or (b) 15% of the average assets under management (year to date) of the scheme, whichever is higher. Provided that expenses charged under this clause shall be utilised for distribution expenses incurred for bringing inflows from such cities

In case inflows from beyond top 15 cities is less than the higher of (a) or (b) above, additional TER on daily net assets of the scheme shall be charged as follows:

Daily net assets X 30 basis points X New inflows from beyond top 15 cities

365* X Higher of (a) or (b) above

* 366, wherever applicable.

The top 15 cities shall mean top 15 cities based on Association of Mutual Funds in India (AMFI) data on ‘AUM by Geography - Consolidated Data for Mutual Fund Industry’ as at the end of the previous financial year.

The additional TER on account of inflows from beyond top 15 cities so charged shall be clawed back in case the same is redeemed within a period of 1 year from the date of investment.

Mutual funds/AMCs shall make complete disclosures in the half yearly report of Trustees to SEBI regarding the efforts undertaken by them to increase geographical penetration of mutual funds and the details of opening of new branches, especially at locations beyond top 15 cities.

The current expense ratios will be updated on the Fund’s website, www.mostshares.com within two working days mentioning the effective date of the change.

Investors applying for subscription of Units offered under the respective Series directly with the Fund (i.e. not routed through any distributor/agent) hereinafter referred to as 'Direct Plan' will be subject to a lower expense ratio excluding distribution expenses, commission, etc and no commission for distribution of Units will be paid / charged under Direct Plan and therefore, shall not in any manner be construed as an investment advice offered by the Mutual Fund/AMC. The subscription of Units through Direct Plan is a facility offered to the investor only to execute his/her/ their transactions at a lower expense ratio. Before making an investment decision, Investors are advised to consult their own investment and other professional advisors.

Tax treatment for the Investors (Unitholders)

Investors are advised to refer to the details in the Statement of Additional

Information and also independently refer to their tax advisors.

Daily Net Asset Value (NAV) Publication

The NAV of the Scheme will be declared on all business days and will be

published at least in two daily newspapers. The NAV can also

be viewed on its websites www.motilaloswal.com/assetmanagement and

www.mostshares.com and AMFI website www.amfiindia.com.

For Investor Grievances please contact

Karvy Computershare Pvt. Ltd.

Karvy Plaza, H. No. 8-2-596, Avenue 4, Street No. 1, Banjara Hills,

Hyderabad-500034. Tel No.: 040 - 23320751 / 752 / 753

E-mail Id: [email protected]

Mr. Sudhindra Desai

Motilal Oswal Asset Management Company Limited

Motilal Oswal Tower, Jn. of Gokhale Road & Sayani Road, Prabhadevi,

Mumbai - 400 025. Toll Free No.: 1800-200-6626

Email.: [email protected]

Unitholders’ Information


For Regular Transactions during continuous offer:

An Account Statement will be despatched to each Unitholder stating the number of Units held, etc. within a maximum of five business days from the date of Allotment or as prescribed under SEBI regulations. Also, an Account Statement reflecting the net balance and value of units shall be despatched to the unit holders who have not transacted during the last six months prior to the date of generation of account statement, along with the Annual Report.

After every subscription transaction a fresh Account statement Transaction Confirmation Slip will be dispatched, reflecting the updated holding of the unit holder, subject to realisation of the payment. Mutual Fund will despatch Account Statement within five working days from the date of receipt of the application form / transaction slip at the Designated Investor Service Centre or within maximum time period prescribed by SEBI.

For the purpose of sending CAS, common investors across mutual funds shall be identified by their Permanent Account Number (PAN). The CAS shall not be sent to the Unit holders for the folio(s) not updated with PAN details. For folios without a valid PAN, the AMC may send account statements on a monthly basis. The Unit holders are therefore requested to ensure that the folio(s) are updated with their PAN.

However, the Fund reserves right to provide the account statement / transaction confirmation slip to investor through an alternative mechanism as may be decided by the Fund from time to time.

The alternative mechanism may include electronic means of communication such as e-mail etc. The alternative mechanism to provide the account statement / transaction confirmation slip will be provided only to those investors who have specifically opted for the alternative mechanism.

For SIP transactions:

Account Statement for SIP 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 mailed to the investors under SIP to their e-mail address on a monthly basis, if so mandated.

However, the first Account Statement under SIP shall be issued within 10 working days of the initial investment/transfer.

In case of specific request received from investors, Mutual Funds shall provide the account statement (SIP) to the investors within 5 working days from the receipt of such request without any charges.


Account Statements: Applicants under the Scheme will have an option to

hold the Units either in physical form (by way of an account statement) or in

dematerialised form.

Non-demat account holders: The AMC shall issue to the investor whose

application (other than SIP) has been accepted, an account statement

specifying the number of units allotted. Under normal circumstances, the

AMC shall endeavour to dispatch the account statement as soon as

possible but not later than 5 working days from the date of receipt of the

request from the unitholder.

Demat account holders: The investors of MOSt 10 Year Gilt Fund have

option to hold Units in demat form for Systematic Investment Plan (SIP)

transactions with effect from January 1, 2012. However, the units will be

allotted based on the applicable NAV as per the SID and will be credited to

investors demat account on weekly basis upon realization of funds. For e.g.

units will be credited to investors demat account every Monday (or immediate

next business day in case Monday happens to be a non - business day) for

realization status received in last week from Monday to Friday.

Investors shall receive the demat account statement /demat holding

statement directly from the DP with whom the investor holds the DP

account. The statement issued by the DP will be deemed adequate

compliance with the requirements in respect of dispatch of Statement of

Account.

AMC/ Registrar shall send confirmation specifying the number of

units allotted to the applicant by way of email and/or SMS’s to the

applicant’s registered email address and/or mobile number as soon as

possible but not later than five working days from the date of closure of the

initial subscription list/the date of receipt of the request from the unitholder.

Account Statement for demat account holders: Investors shall receive

the demat account statement /demat holding statement directly from the DP

with whom the investor holds the DP account. The statement issued by the

DP will be deemed adequate compliance with the requirements in respect of

dispatch of Statement of Account. In case of any specific

requirements/queries on the account statement, investor should directly

contact the respective DPs. For further details, refer the SID of the Scheme.


For Regular Transactions during continuous offer:

An Account Statement will be despatched to each Unitholder stating the

number of Units held, etc. within a maximum of five business days from the

date of Allotment or as prescribed under SEBI regulations. Also, an

Account Statement reflecting the net balance and value of units shall be

despatched to the unit holders who have not transacted during the last six

months prior to the date of generation of account statement, along with the

Annual Report.

After every subscription transaction a fresh Account statement Transaction

confirmation Slip will be dispatched, reflecting the updated holding of the

unit holder, subject to realisation of the payment. Mutual Fund will

despatch Account Statement within five working days from the date of

receipt of the application form/transaction slip at the Designated Investor

Service Centre or within maximum time period prescribed by SEBI.

However, the Fund reserves right to provide the account statement/

transaction confirmation slip to investor through an alternative mechanism

as may be decided by the Fund from time to time.

The alternative mechanism may include electronic means of

communication such as e-mail etc. The alternative mechanism to provide

the account statement /transaction confirmation slip will be provided only

to those investors who have specifically opted for the alternative

mechanism.

For SIP transactions:

Account Statement for SIP 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 mailed to the investors under SIP to their e-mail address on a monthly basis, if so mandated.

However, the first Account Statement under SIP shall be issued within 10 working days of the initial investment/transfer.

In case of specific request received from investors, Mutual Funds shall provide the account statement (SIP) to the investors within 5 working days from the receipt of such request without any charges.

NAV Appreciation facility under the Scheme, Motilal Oswal MOSt

Ultra Short Term Bond Fund

Under this option, Unit holder are being provided with an option to switch an amount equal to the periodic appreciation on the investment on weekly, fortnightly, monthly frequencies. Under this option, the Unit holder transfers only proportionate amount equal to the appreciation in the investment over the last month. NAV Appreciation facility will be available only in the growth option of the source scheme. The Unit holder has to mention a “Start Date”. The ‘STP Dates’ available under this facility are 1st, 7th, 14th, 21st or 28th of the month. The first Switch will happen after one month from the start date. In case the Unit holder purchases additional Units, the amount to be transferred would be equal to the appreciation generated on such Units, provided the appreciation is at least Rs.1,000/. In the absence of any appreciation or appreciation less than Rs.1,000/- as mentioned above, the Switch under this option will not be made for that month. The Units in the Scheme/Option from which the Switch-out is sought will be redeemed at the Applicable NAV of the Scheme/Option on the respective dates on which such Switches are sought and the new Units in the scheme/plan/option to which the Switch-in is sought will be allotted at the Applicable NAV of such scheme/ plan/option on the respective dates. In case the day on which the transfer is sought is a Non- Business Day for the Scheme(s), the same will be processed on the immediately following Business Day. The Trustees reserve the right to change/modify the terms and conditions or withdraw above facility.

Dividend Transfer Plan under the Scheme, Motilal Oswal Ultra Short

Term Bond Fund

Dividend Transfer Plan (DTP) is a facility wherein the Unit holders under the Dividend Option, can choose to automatically invest the amount of dividend (as reduced by the amount of applicable statutory levy) receivable by them into select equity scheme(s) of the Mutual Fund provided the minimum accumulation of Rs.1000/- and above. This facility is not available for Daily Dividend Option in the Scheme. If the amount of dividend in the source scheme is less than Rs.1000/-, the dividend will be reinvested in the source scheme. Unit holders enrolment under the DTP facility will automatically override any previous instructions for ‘Dividend Payout’ or ‘Dividend Reinvestment’ facility in the source scheme.

Under this provision, the dividend amount to be invested shall be automatically invested by subscribing to the units of the chosen equity scheme of the Fund on the immediate next Business Day after the record date at the applicable NAV of such equity scheme.

Notwithstanding above provisions relating to Dividend, there is no assurance or guarantee regarding declaration of dividend. The dividends will be declared solely at Trustee’s discretion and subject to availability of distributable surplus

The Trustee/AMC reserves the right to change/modify the terms and conditions of the DTP.

March and 30th September), by way of an advertisement at least, in one National English daily and one regional newspaper in the language of the region where the head office of the Mutual Fund is located.

The Portfolio Statement will also be displayed on the website of the AMC/Mutual Fund and AMFI. The Mutual Fund shall within one month from the close of each half year, that is on 31st March and on 30th September, host a soft copy of its unaudited financial results on their website.

The mutual fund shall publish an advertisement disclosing the hosting of such financial results on their website, in atleast one English daily newspaper having nationwide circulation and in a newspaper having wide circulation published in the language of the region where the Head Office of the Mutual Fund is situated.

Annual Report:

Pursuant to SEBI circular No. Cir / IMD/ DF/ 16 / 2011 dated September 08, 2011, Annual Report or Abridge Summary will be available on AMC’s website www.mostshares.com and www.moti laloswal.com/ assetmanagement & sent by way of email link to the investor’s registered email address or physical copies (if investor’s email address is not registered), not later than four months after the close of each financial year (March 31). The Unitholders may request for a physical copy of scheme annual report or abridge summary by writing to the AMC / Registrar & Transfer Agent.

Further, the full text of the annual report will be available for inspection at the office of the Fund and copy shall be made available on specific request on payment of nominal fees, if any. Also the Scheme wise annual report will be displayed on our website www.motilaloswal.com/ assetmanagement and www.mostshares.com and AMFI website www.amfiindia.com.

Date: December 11, 2013

CHECKLIST

Please ensure that:

• Your Application Form is complete in all respects. Name, Address and Contact Details are mentioned in full & signed by all applicants.

• Bank Account Details are entered completely and correctly.

• KYC Compliance for all applications is mentioned irrespective of the investment amount and necessary documents are enclosed.

• DP ID is filled correctly in the form.

• Cheques should be crossed “A/c Payee only” and drawn in favour of

• "Motilal Oswal MOSt Focused - 25 Fund”

• "Motilal Oswal MOSt 10 year Gilt Fund"

• "Motilal Oswal MOSt Ultra Short Term Bond Fund" as the case may be.

• Application Number and applicants name is mentioned on the reverse of the cheque/DD.

• Documents as listed below are submitted along with the Application Form (as applicable to your specific case).

Documents Companies Trusts Societies Partnership NRIs/PIOs FIIs* Investments Firms through

ConstitutedAttorney

KYC 3

Resolution/Authorisation to invest 3 3 3 3 3

List of Authorised Signatories 3 3 3 3 3 3with Specimen Signature(s)

Memorandum & Articles of Association 3

Trust Deed 3

Bye-laws 3

Partnership Deed 3

Notarised Power of Attorney 3

Account Debit/Foreign inward Remittance 3Certificate from remitting Bank

3 3 3 3 3 3

*For FIIs, copy of the SEBI registration certificate should be provided.All documents above should be originals / true copies certified by the Director/Trustee/Company Secretary/Authorised Signatory/Notary Public. If PAN / KYC proof of minor is not available, PAN / KYC proof of guardian should be provided.

Annual Account Statement & Note

Annual Account Statement:

The Mutual Funds shall provide the Account Statement to the Unitholders who have not transacted during the last six months prior to the date of generation of account statements. The Account Statement shall reflect the latest closing balance and value of the Units prior to the date of generation of the account statement, The account statements in such cases may be generated and issued along with the Portfolio Statement or Annual Report of the Scheme. Alternately, soft copy of the account statements shall be mailed to the investors’ e-mail address, instead of physical statement, if so mandated.

Note:

If the investor(s) has/have provided his/their email address in the application form or any subsequent communication in any of the folio belonging to the investor(s), Mutual Fund / Asset Management Company reserves the right to use Electronic Mail (email) as a default mode to send various communication which include account statements for transactions done by the investor(s).

Monthly Portfolio Disclosures

The AMC will disclose the portfolio of the Scheme in half yearly format on a monthly basis on the website of the AMC on or before the tenth day of the succeeding month.

Half yearly Disclosures: Portfolio / Financial Results:

The Mutual Fund shall publish a complete statement of the Scheme portfolio within one month from the close of each half year (i.e. 31st

Half yearly Portfolio Disclosure and Unaudited Financial Results:

Agartala : Bidurkarta Chowmuhani, J N Bari Road, Tripura (West), Agartala - 799001 • Agra : 1St Floor, Deepak Wasan Plaza, Behind Holiday Inn, Opp Megdoot Furnitures, Sanjay Place, Agra - 282002 • Ahmedabad : 201/202 Shail, Opp: Madhusudan House, Navrangpura, Ahmedabad - 380006 • Ajmer : S. No. 1 & 2, 2Nd Floor, Ajmer Tower, Kutchery Road, Ajmer - 305001 • Akola : Yamuna Tarang Complex, Shop No 30, Ground Floor, N.H. No- 06, Akola, Akola - 444004 • Aligarh : 1St Floor, Kumar Plaza, Aligarh - 202001 • Allahabad : Rsa Towers, 2Nd Floor, Above Sony Tv Showroom, 57, S P Marg, Civil Lines, Allahabad - 211001 • Alleppy : X1V 172, Jp Towers, Mullackal, Ksrtc Bus Stand, Alleppy - 688011 • Alwar : 101, Saurabh Tower, Opp. Uit, Near Bhagat Singh Circle, Road No.2, Alwar - 301001 • Amaravathi : Shop No 13 & 27, Gulshan Plaza, Badnera Road, Near Bhartiya Mahavidhyalaya, Rajapeth, Amravati - 444605 • Ambala : 6349, Nicholson Road, Adjacent Kos Hospitalambala Cant, Ambala - 133001 • Amritsar : 72-A, Taylor'S Road, Opp Aga Heritage Club, Amritsar - 143001 • Anand : B-42 Vaibhav Commercial Center, Nr Tvs Down Town Shrow Room, Grid Char Rasta, Anand - 380001 • Ananthapur : #15/149, 1St Floor, S R Towers, Subash Road, Opp. To Lalitha Kala Parishad, Anantapur - 515001 • Ankleshwar : L/2 Keval Shopping Center, Old National Highway, Ankleshwar, Ankleshwar - 393002 • Asansol : 114/71 G T Road, Near Sony Centre, Bhanga Pachil, Asansol - 713303 • Aurangabad : Ramkunj Niwas, Railway Station Road, Near Osmanpura Circle, Aurangabad - 431005 • Azamgarh : 1St Floor, Alkal Building, Opp. Nagaripalika Civil Line, Azamgarh - 276001 • Balasore : Gopalgaon, M.S Das Street, Gopalgaon, Balasore, Orissa, Balasore - 756001 • Bangalore : No 51/25, 1St Floor, Rathna Avenue, Richmond Road, Near Hosmat Hospital, Bangalore - 560025 • Bankura : Ambika Market Complex (Ground Floor), Nutanganj, Post & Dist Bankura, Bankura - 722101 • Bareilly : 1St Floor, 165, Civil Linesopp.Hotel Bareilly Palace, Near Railway Station, Bareilly - 243001 • Barhampore (WB) : Thakur Market Complex, Gorabazar, Post Berhampore Dist Murshidabad, 72 No Nayasarak Road, Barhampore (Wb) - 742101 • Baroda : Sb-5, Mangaldeep Complex, Opp. Masonic Hall, Productivity Road, Alkapuri, Baroda - 390007 • Begusarai : Near Hotel Diamond Surbhi Complex, O.C Township Gate, Kapasiya Chowk, Begusarai - 851117 • Belgaum : Cts No 3939/ A2 A1, Above Raymonds Show Room |Beside Harsha Appliances, Club Road, Belgaum - 590001 • Bellary : No. 1, Khb Colony, Gandhi Nagar, Bellary - 583103 • Berhampur (OR) : Ramlingam Tank Road, Dist Ganjam Berhampur, Orissa, Berhampur (Or) - 760002 • Betul : 107, 1St Floor, Hotel Utkarsh, J. H. College Road, Betul - 460001 • Bhagalpur : 2Nd Floor, Chandralok Complex, Ghantaghar, Radha Rani Sinha Road, Bhagalpur - 812001 • Bharuch : Shop No 147-148, Aditya Complex, Near Kasak Circle, Bharuch - 392001 • Bhatinda : #2047-A 2Nd Floor, The Mall Road, Above Max New York Life Insurance, New Delhi - 151001 • Bhavnagar : G-11 Giranjali Complex, Opp 'C' Division Police Station, Kalanala, Bhavnagar - 364001 • Bhilai : Shop No -1, First Floor, Plot No -1, Commercial Complex, Nehru Nagar - East, Bhilai - 490020 • Bhilwara : Shop No. 27-28, 1St Floor, Heera Panna Market, Pur Road, Bhilwara • Bhopal : Kay Kay Business Centre, 133, Zone I, Mp Nagar, Above City Bank, Bhopal - 462011 • Bhubaneswar : A/181, Back Side Of Shivam Honda Show Room, Saheed Nagar, Bhubaneswar - 751007 • Bikaner : 70-71, 2Nd Floor | Dr.Chahar Building, Panchsati Circle, Sadul Ganj, Bikaner - 334001 • Bilaspur : Shop No-201 & 202, 1St Floor, V R Plaza, Link Road, Bilaspur, C.G., Bilaspur - 495001 • Bokaro : B-1, 1St Floor, City Centre, Sector- 4, Near Sona Chandi Jwellars, Bokaro - 827004 • Burdwan : 63 Gt Road, Halder Complex 1St Floor, Burdwan - 713101 • Calicut : Iind Floor Soubhagya Shopping Complex, Arayidathpalam, Mavoor Road, Calicut - 673004 • Chandigarh : Sco 371-372S, Above Hdfc Bank, Sector 35-B, Chandigarh - 160036 • Chandrapur : Shop No-6 Office No-2 1St Floor, Rauts Raghuvanshi Complex, Beside Azad Garden Main Road, Chandrapur - 442402 • Chennai : F-11, Akshaya Plaza, 1St Floor, 108, Adhithanar Salai, Egmore, Opp To Chief Metropolitan Courier, Chennai - 600002 • Chinsura : J C Ghosh Saranu, Bhanga Gara, Chinsurah, Hooghly, Chinsurah - 712101 • Cochin : Ali Arcade, 1St Floor, Kizhavana Road, Panampilly Nagar, Near Atlantis Junction, Ernakualm - 682036 • Coimbatore : 1057/1058 Jaya Enclave, 2nd Floor, Avinashi Road, Coimbatore - 641018 • Cuttack : Po - Buxi Bazar, Cuttack, Opp Dargha Bazar, Dargha Bazar, Cuttack - 753001 • Darbhanga : Jaya Complex, 2Nd Floor, Above Furniture Planet, Donar, Chowk, Darbhanga - 846003 • Davangere : 15/9 Sobagu Complex, 1St Floor, 2Nd Main, P J Extn, Davangere - 577002 • Dehradun : Kaulagarh Road, Near Sirmaur Margabove, Reliance Webworld, Dehradun - 248001 • Deoria : 1St Floor, 1St Floor, Opp. Zila Panchayat, Civil Lines, Deoria - 274001 • Dewas : 27 Rmo House, Station Road, Above Maa Chamunda Gaes Agency, Dewas - 455001 • Dhanbad : 208 New Market 2Nd Floor, Bank More, Dhanbad - 826001 • Dharwad : G, 7&8 Banashankari Avenue, Opp Nttf, P B Road, Dharwad - 580001 • Dhule : Ashoka Estate, Shop No. 14/A, Upper Ground Floor, Sakri Road, Opp. Santoshi Mata Mandir, Dhule - 424001 • Dindigul : No : 9 Old No:4/B, New Agraharam, Palani Road, Dindigul - 624001 • Durgapur : 1St Floor, Old Dutta Automobile Bldg, Nachan Road, Benachity, Durgapur - 713213 • Eluru : D.No:23B-5-93/1, Savithri Complex, Edaravari Street, Near Dr.Prabhavathi Hospital, R.R.Pet, Eluru - 534002 • Erode : No: 4, Veerappan Traders Complex, KMY Salai, Sathy Road, Opp. Erode Bus Stand, Erode - 638003 • Faridabad : A-2B, Ist Floor, Nehru Groundnit, Faridabad - 121001 • Ferozpur : Malwal Road, 2Nd Floor, Kakar Building, Opp. H.M School, Ferozepur - 152002 • Gandhidham : 203 2Nd Floor, Bhagwati Chamber, Kutchkala Road, Gandhidham • Gandhinagar : Plot No - 945/2, Sector - 7/C, Opp Pathika, Gandhinagar - 382007 • Gaya : 1St Floor Lal Bhawan, Tower Chowk, Near Kiran Cinema, Gaya - 823001 • Ghaziabad : 1St Floorc-7, Lohia Nagar, Ghaziabad - 201001 • Ghazipur : 2Nd Floor, Shubhra Hotel Complex, Mahaubagh, Ghazipur - 233001 • Gonda : Shri Market, Sahabgunj, Station Road, Gonda - 271001 • Gorakhpur : Above V.I.P. Houseajdacent, A.D. Girls College, Bank Road, Gorakpur - 273001 • Gulbarga : Cts No 2913 1St Floor, Asian Towers, Jagath Station Main Road, Next To Adithya Hotel, Gulbarga - 585105 • Guntur : D No 6-10-27, Srinilayam, Arundelpet, 10/1, Guntur - 522002 • Gurgaon : Shop No.18, Ground Floor, Sector - 14, Opp. Akd Tower, Near Huda Office, Gurgaon - 122001 • Guwahati : 54 Sagarika Bhawan 2Nd Floor, R G Barooah Road, Aidc, Near Baskin Robbins, Guwahati - 781024 • Gwalior : 37/38, Lashkar, Mlb Roadshinde Ki Chhawani, Near Nadi Gate Pul, Gwalior - 474001 • Haldwani : Above Kapilaz, Sweet House, Opp Lic Building, Pilikothi, Haldwani - 263139 • Haridwar : 8, Govind Puri, Opp. LIC - 2, Above Vijay Bank, Main Road, Ranipur More, Haridwar - 249401 • Hassan : St Anthony'S Complex, Ground Floor, H.N. Pura Road, Hassan - 573201 • Hissar : Sco-71, 1St Floor, Red Square Market, Hissar - 125001 • Hoshiarpur : 1St Floor, The Mall Tower, Opp Kapila Hospital, Sutheri Road, Hoshiarpur - 146001 • Hubli : 22Nd & 23Rd, 3Rd Floor, Eureka Junction, Travellers Bunglow, Hubli - 580029 • Hyderabad : 4-1-898 Oasis Plaza, Tilak Road, Abids, Hyderabad - 500001 • Indore : 213 B City Center, M.G. Road, Opp. High Court, Indore - 452001 • Jabalpur : Grover Chamber, 43 Naya Bazar Malviya Chowk, Opp Shyam Market, Jabalpur - 482002 • Jaipur : S16/A Iiird Floor, Land Mark Building Opp Jai Club, Mahaver Marg C Scheme, Jaipur - 302001 • Jalandhar : Arora Prime Tower, Lowe Ground Floor, Office No 3 Plot No 28, Jalandhar - 144001 • Jalgaon : 113, Navi Peth, B/H Mahalaxmi Dairy, Jalgaon - 425001 • Jalpaiguri : D B C Road Opp Nirala Hotel, Opp Nirala Hotel, Jalpaiguri - 735101 • Jammu : 5 A/D Extension 2, Near Panama Chowk Petrol Pump, Panama Chowk, Jammu - 180012 • Jamnagar : 108 Madhav Palaza, Opp Sbi Bank, Nr Lal Bunglow, Jamnagar - 361001 • Jamshedpur : Kanchan Tower, 3Rd Floor, Main Road, Bistupur, Near Traffic Signal, Jamshedpur - 831001 • Jaunpur : R N Complex, 1-1-9-G, In Front Of Pathak Honda, Ummarpur, Jaunpur - 222002 • Jhansi : 371/01, Narayan Plaza, Gwalior Road, Near Jeevan Shah Chauraha, Jhansi - 284001 • Jodhpur : 203, Modi Arcade, Chopasni Road, Jodhpur - 342001 • Junagadh : 124-125 Punit Shopping Center, M.G Road, Ranavav Chowk, Junagadh - 362001 • Kannur : 2 Nd Floor, Prabhath Complex, Fort Road, Nr.ICICI Bank, Kannur - 670001 • Kanpur : 15/46, B, Ground Floor, Opp : Muir Mills, Civil Lines, Kanpur - 208001 • Karaikudi : Gopi Arcade, 100 Feet Road, Karaikudi - 630001 •

KARVY COMPUTERSHARE PRIVATE LIMITED (Official Collection Centres)

KARVY COMPUTERSHARE PRIVATE LIMITED (Official Collection Centres) (Contd.,)

Karimnagar : H.No.4-2-130/131, Above Union Bank, Jafri Road, Rajeev Chowk, Karimnagar - 505001 • Karnal : 18/369, Char Chaman, Kunjpura Road, Behind Miglani Hospital, Karnal - 132001 • Karur : No.6, old No.1304, Thiru-vi-ka Road, Near G.R.Kalyan Mahal, Karur - 639001 • Kharagpur : 180 Malancha Road, Beside Axis Bank Ltd, Kharagpur - 721304 • Kolhapur : 605/1/4 E Ward, Shahupuri 2Nd Lane, Laxmi Niwas, Near Sultane Chambers, Kolhapur - 416001 • Kolkata : 166 A Rashbihari Avenue 2Nd Floor, Opp- Fortish Hospital, Kolkata - 700029 • Kollam : Sree Vigneswara Bhavan, Shastri Junction, Kollam - 691001 • Korba : 1St Floor, 35, Indira Complex, P. Nagar, Korba - 495677 • Kota : 29, Ist Floor, Near Lala Lajpat Rai Circle, Shopping Centre, Kota - 324007 • Kottayam : 1St Floor Csiascension Square, Railway Station Road, Collectorate P O, Kottayam - 686002 • Kurnool : Shop No.43, 1St Floor, S V Complex, Railway Station Road, Near Sbi Main Branch, Kurnool - 518004 • Lucknow : 24, Prem Nagar, Ashok Marg, Lucknow - 226001 • Ludhiana : Sco - 136, 1St Floor Above Airtel Showroom, Feroze Gandhi Market, Ludhiana - 141001 • Madurai : Rakesh towers, 30-C, Ist floor, Bye pass Road, Opp Nagappa motors, Madurai - 625010 • Malappuram : First Floor, Cholakkal Building, Near U P School, Up Hil, Malappuram - 676505 • Malda : Sahis Tuli, Under Ward No.6, No.1 Govt Colony, English Bazar Municipality, Malda - 732101 • Mangalore : Mahendra Arcade Opp Court Road, Karangal Padi, Mangalore - 575003 • Margoa : 2Nd Floor, Dalal Commercial Complex, Pajifond, Margao - 403601 • Mathura : Ambey Crown, Iind Floor, In Front Of Bsa College, Gaushala Road, Mathura - 281001 • Meerut : 1St Floor, Medi Centreopp Icici Bank, Hapur Road Near Bachha Park, Meerut - 250002 • Mehsana : Ul/47 Apollo Enclave, Opp Simandhar Temple, Modhera Cross Road, Mehsana - 384002 • Mirzapur : Girja Sadan, Dawari Gunj, Mirzapur - 231001 • Moga : 1St Floor, Dutt Road, Mandir Wali Gali, Civil Lines, Barat Ghar, Moga - 142001 • Moradabad : Om Arcade, Parker Road, Above Syndicate Bank, Chowk Tari Khana, Moradabad - 244001 • Morena : Moti Palace, Near Ramjanki Mandir, Near Ramjanki Mandir, Morena - 476001 • Mumbai : 24/B, Raja Bahadur Compound, Ambalal Doshi Marg, Behind Bse Bldg, Fort - 400001 • Muzaffarpur : I St Floor, Uma Market, Thana Gumtimoti Jheel, Muzaffarpur - 842001 • Mysore : L-350, Silver Tower, Ashoka Road, Opp.Clock Tower, Mysore - 570001 • Nadiad : 104/105, Near Paras Cinema, City Point Nadiad, Nadiad - 387001 • Nagerkoil : 3A, South Car Street, Nagercoil - 629001 • Nagpur : Plot No 2/1 House No 102/1, Mata Mandir Road, Mangaldeep Appartment Opp Khandelwal Jewelers, Dharampeth, Nagpur - 440010 • Namakkal : 105/2, Arun Towers, Paramathi Street, Namakkal - 637001 • Nanded : Shop No.4, Santakripa Market, G G Road, Opp.Bank Of India, Nanded - 431601 • Nasik : S-12, Suyojit Sankul, Sharanpur Road, Near Rajiv Gandhi Bhavan, Nasik - 422002 • Navsari : 1/1 Chinmay Aracade, Opp Sattapir Rd, Tower Rd, Mavsari - 396445 • Nellore : 16-2-230, Room No : 27, 2Nd Floor, Keizen Heights, Gandhi Nagar, Pogathota, Nellore - 524001 • New Delhi : 305 New Delhi House, 27 Barakhamba Road, New Delhi - 110001 • Nizamabad : H No:5-6-430, A Bove Bank Of Baroda First Floor, Beside Hdfc Bank, Hyderabad Road, Nizamabad - 503003 • Noida : 307 Jaipuria Plazad 68 A, 2Nd Floor, Opp Delhi Public School, Sector 26, Noida - 201301 • Palghat : No: 20 & 21, Metro Complex H.P.O.Road Palakkad, H.P.O.Road, Palakkad - 678001 • Panipat : 1St Floor, Krishna Tower, Above Amertex, G.T. Road, Panipat - 132103 • Panjim : City Business Centre, Coelho Pereira Building, Room No 18, 19 & 20, Dada Vaidya Road, Panjim - 403001 • Pathankot : 1St Floor, 9 A, Improvement Trust Building, Patel Chowk, Pathankot - 145001 • Patiala : Sco 27 D , Chotti Baradari, Near Car Bazaar, Patiala - 147001 • Patna : 3A, 3Rd Floor Anand Tower, Exhibition Road, Opp Icici Bank, Patna - 800001 • Pollachi : S S Complex, New Scheme Road, Pollachi - 642002 • Pondicherry : No:7, Thiayagaraja Street, Pondicherry - 605001 • Pudukottai : Sundaram Masilamani Towers, Ts No. 5476 - 5479, Pm Road, Old Tirumayam Salai, Near Anna Statue, Jublie Arts, Pudukottai - 622001 • Pune : Office # 16, Ground Floor, Shrinath Plaza, Near Dyaneshwar Paduka Chowk, F C Road, Pune - 411005 • Raipur : 2 & 3 Lower Level, Millenium Plaza, Room No. Ll 2& 3, Behind Indian Coffee House, Raipur - 492001 • Rajahmundry : D.No.6-1-4, Rangachary Street, T.Nagar, Near Axis Bank Street, Rajahmundry - 533101 • Rajapalayam : 40/C (1), Professional Couriers Building, Hospital Road, Rajapalayam - 626117 • Rajkot : 104, Siddhi Vinyak Com. Opp Ramkrishna Ashram, Dr Yagnik Road, Rajkot, Rajkot - 360001 • Ranchi : Room No 307 3Rd Floor, Commerce Tower, Beside Mahabir Tower, Ranchi - 834001 • Ratlam : 1 Nagpal Bhawan, Free Ganj Road, Do Batti, Near Nokia Care, Ratlam - 457001 • Renukoot : Shop No. 18, Near Complex Birla Market, Renukoot - 231217 • Rewa : Ist Floor, Angoori Building, Besides Allahabad Bank, Trans University Road, Civil Lines, Rewa - 485001 • Rohtak : 1St Floor, Ashoka Plaza, Delhi Road, Rohtak - 124001 • Roorkee : Shree Ashadeep Complex, 16, Civil Lines, Near Income Tax Office, Roorkee - 247667 • Rourkela : 1St Floor Sandhu Complex, Kachery Road, Uditnagar, Rourekla - 769012 • Sagar : Above Poshak Garments, 5 Civil Lines, Infront Of Income Tax Office, Sagar - 470002 • Saharanpur : 18 Mission Market, Court Road, Saharanpur - 247001 • Salem : No:40, 2nd Floor, Brindavan Road, Fairlands, Near Perumal Koil, Salem - 636016 • Sambalpur : Ground Floor Quality Massion, Sambalpur - 768001 • Satna : 1St Floor, Gopal Complex, Near Bus Stand, Rewa Road, Satna - 485001 • Shaktinagar : 1St/A-375, V V Colony, Dist Sonebhadra, Shaktinagar - 231222 • Shillong : Annex Mani Bhawan, Lower Thana Road, Near R K M Lp School, Shillong - 793001 • Shimla : Triveni Building, By Pas Chowkkhallini, Shimla - 171002 • Shimoga : Udaya Ravi Complex, LLR Road, Durgi Gudi, Shimoga - 577201 • Shivpuri : 1St Floor, M.P.R.P. Building, Near Bank Of India, Shivpuri - 473551 • Sikar : First Floor, Super Tower, Behind Ram Mandir Near Taparya Bagichi, Sikar - 332001 • Silchar : N.N. Dutta Road, Chowchakra Complex, Premtala, Silchar - 788001 • Siliguri : Nanak Complex, Sevoke Road, Siliguri - 734001 • Sitapur : 12/12-A Sura Complex, Arya Nagar Opp, Mal Godam, Sitapur - 261001 • Sivakasi : 363, Thiruthangal Road, Opp: TNEB, Sivakasi - 626123 • Solan : Sahni Bhawan, Adjacent Anand Cinema Complex, The Mall, Solan - 173212 • Solapur : Block No 06, Vaman Nagar, Opp D-Mart, Jule Solapur, Solapur - 413004 • Sonepat : 205 R Model Town, Above Central Bank Of India, Sonepat - 131001 • Sri Ganganagar : 35E Block, Opp: Sheetla Mata Vaateka Sri Ganganagar, Sri Ganganagar - 335001 • Srikakulam : D.No-4-1-28/1, Venkateswara Colony, Near Income Tax Office, Srikakulam - 532001 • Sultanpur : Rama Shankar Complex, Civil Lines, Faizabad Road, Sultanpur - 228001 • Surat : G-6 Empire State Buliding, Nr Udhna Darwaja, Ring Road, Surat - 395002 • Thanjavur : No. 70, Nalliah Complex, Srinivasam Pillai Road, Tanjore - 613001 • Tirunelveli : 55/18, Jeney Building, S N Road, Near Aravind Eye Hospital, Tirunelveli - 627001 • Tirupathi : Flot No:16 1St Floor, R C Road, Near Palani Theater, Tirupathi - 517501 • Tirupur : First floor, 224 A, Kamaraj Road, Opp to Cotton market complex, Tirupur - 641604 • Tiruvalla : 2Nd Floor, Erinjery Complex, Ramanchira, Opp Axis Bank, Thiruvalla - 689107 • Trichur : 2Nd Floor, Brothers Complex, Naikkanal Junction, Shornur Road, Near Dhanalakshmi Bank H O, Thrissur - 680001 • Trichy : 60, Sri Krishna Arcade, Thennur High Road, Trichy - 620017 • Trivandrum : 2Nd Floor, Akshaya Tower, Sasthamangalam, Trivandrum - 695010 • Tuticorin : 4 - B, A34 - A37, Mangalmal Mani Nagar, Opp. Rajaji Park, Palayamkottai Road, Tuticorin - 628003 • Udaipur : 201-202, Madhav Chambers, Opp G P O, Chetak Circle, Udaipur - 313001 • Ujjain : 101 Aashta Tower, 13/1 Dhanwantri Marg, Freeganj, Ujjain - 456010 • Valsad : Shop No 2, Phiroza Corner, Opp Next Show Room, Tithal Road, Valsad - 396001 • Vapi : Shop No-12, Ground Floor, Sheetal Appatment, Near K P Tower, Vapi - 396195 • Varanasi : D-64/1321St Floor, Anant Complex, Sigra, Varanashi - 221010 • Vellore : 1, M N R Arcade, Officers Line, Krishna Nagar, Vellore - 632001 • Vijayanagaram : Soubhagya, 19-6-1/3, 2Nd Floor, Near Fort Branch, Opp: Three Temples, Vizianagaram - 535002 • Vijayawada : 39-10-7, Opp : Municipal Water Tank, Labbipet, Vijayawada - 520010 • Visakhapatnam : Door No 47-14-5/1, Eswar Paradise, Dwarakanagar Main Road, Visakhapatnam - 530016 • Warangal : 5-6-95, 1 St Floor, Opp: B.Ed Collage, Lashkar Bazar, Chandra Complex, Hanmakonda, Warangal - 506001 • Yamuna nagar : Jagdhari Road, Above Uco Bank, Near D.A.V. Girls College, Yamuna Nagar - 135001.

INSTRUCTIONS FOR COMPLETING THE APPLICATION FORM

1 General Informationa. Please read the terms of the Key Information Memorandum and the Scheme Information Document (SID)

and Statement of Additional Information carefully before filling the Application Form. Investors are deemed to have accepted the terms subject to which this offer is being made and bind themselves to the terms upon signing the Application Form and tendering payment.

b. The Application Form should be completed in ENGLISH and in BLOCK LETTERS only. Please tick in the appropriate box for relevant options wherever applicable. Please do not overwrite. For any correction / changes (if any) made on the Application Form, the sole/all applicants are requested to authenticate the same by canceling and re-writing the correct details and counter-signing the same. Applications completed in all respects, must be submitted at the Investor Service Centres (ISCs) / Official Points of Acceptance.Investors can also subscribe to the Units of all scheme of Motilal Oswal Mutual Fund through the mutual fund trading platforms viz. BSE StAR MF of Bombay Stock Exchange Limited and Mutual Fund Service System (MFSS) of National Stock Exchange of India Limited. For further details, investors are advised to con tac t ISCs o f Karvy o r v i s i t ou r webs i te www.mot i l a loswa l .com and www.motilaloswal.com / assetmanagement. Please write the Serial Number of the Application Form / Folio Number on the reverse of the cheque / demand draft. Applications incomplete in any respect are liable to be rejected. The AMC / Trustee retains the sole and absolute discretion to reject any application.

c. Investments through distributorsAs per directions of Securities and Exchange Board of India (SEBI), the distributors, agents or any persons employed or engaged or to be employed or engaged in the sale and/or distribution of mutual fund products are required to have a valid certification from the National Institute of Securities Markets (NISM) by passing the certification examination.Further, no agents / distributors are entitled to sell units of mutual funds unless the intermediary is registered with Association of Mutual Funds in India (AMFI).

d. New cadre distributors: SEBI has introduced a new cadre of distributors such as postal agents; retired government and semi-government officials (class III and above or equivalent), retired teachers and retired bank officers (all such retired persons with at least 10 years of service) and other similar persons (such as Bank correspondents) as may be notified by AMFI/AMC from time to time. Such New Cadre distributor can sell only ‘simple and performing’ diversified equity schemes, index funds and fixed maturity plans. There is a pre-fix of “SD” before the ARN number of such distributors. They also hold an EUIN which must be quoted in the application form.

e. Employee Unique Identification Number (EUIN)Further, SEBI has made it compulsory for every employee/ relationship manager/ sales person of the distributor of mutual fund products to quote in the Application Form the EUIN obtained by him/her from AMFI. EUIN would assist in addressing any instance of mis-selling even if the employee/ relationship manager/sales person later leaves the employment of the distributor. Hence, if your investments are routed through a distributor please ensure that the EUIN is correctly filled in the Application Form. However, if your distributor has not given you any advice pertaining to the investment, the EUIN box may be left blank. In this case, you are required to provide a duly signed declaration to this effect, as given in the Form.

f. Overseas DistributorsOverseas Distributors are exempt from obtaining NISM certification and AMFI registration as per AMFI circular No. CIR/ ARN-14/ 12-13 dated July 13, 2012 and the EUIN requirement as per AMFI Circular No.135/BP/33/2012-13 dated December 31, 2012. However, such Overseas Distributors are required to comply with the guidelines/ requirements as may be issued by AMFI /SEBI from time to time and also comply with the laws, rules and regulations of jurisdictions where they carry out their operations in the capacity of distributors.

g. Direct InvestmentsInvestors applying under Direct Plan must mention “Direct” in ARN No. column. In case Distributor code is mentioned in the Application Form, but “Direct Plan” is indicated against the Scheme/ Series name, the Distributor code will be ignored and the application will be processed under Direct Plan. In case of valid application received without indicating “Direct Plan” against the Scheme/ Series name and without any Distributor Code mentioned on the form, the application will be processed under “Direct Plan.

h. All Applicants are subject to detailed scrutiny and verification. Application Form incomplete in any respect or not accompanied by a Cheque /Demand Draft are liable to be rejected either at the collection centre itself or subsequently after detailed verification at the back office of the Registrars.

2 Compliance and Prevention of Anti Money LaunderingYour attention is particularly drawn to the section on “Prevention of Money Laundering and Know Your Customer”. All the applications with incomplete/incorrect information/not accompanied with the necessary documents, shall be treated as invalid and shall be liable to be rejected. Prevention of Money Laundering Act, the SEBI Circulars on Anti Money Laundering (AML) and the Client Identification implementation procedures prescribed by AMFI inter alia require the AMC to verify the records of identity and address(es) of investors. It is mandatory for all applicants to submit necessary documents for compliance with Anti Money Laundering (guardian in case of minor). The AMC reserves the right to reject subscription requests in the absence of appropriate compliance with the AML Laws.

3 Applicant’s Personal Informationa. Please furnish your name and complete postal address with the Pin Code (P.O. Box No. Not enough)

and your Contact Nos. This would help us reach you faster.b. Please furnish the name of Contact Person in case of investments by Company/ Body Corporate / Trust /

Society / FIIs / Association of Person / Body of Individuals.c. KYC Compliance: KYC is mandatory for all investors (including joint holders, guardians of minors and

NRIs) to enclose a copy of KYC compliance to the application for investing in mutual fund schemes.d. If you have not indicated your Tax Status in the Application Form, the same would be assumed to be others.

4 Bank Account DetailsAn investor at the time of purchase of units must provide the details of his / her pay-out bank account (i.e. account into which redemption/ dividend proceeds are to be paid).Bank account details provided in the application will be used for refunding rejected applications where DP ID is not matching. Investors are requested to provide Bank Account Detail linked with their Demat Account. In case of discrepancies Bank Account Details as per depository records will prevail.

5 Payment Detailsa. Cheques should be crossed “A/c Payee only” and drawn in favour of

• "Motilal Oswal MOSt Focused - 25 Fund”• "Motilal Oswal MOSt 10 year Gilt Fund"• "Motilal Oswal MOSt Ultra Short Term Bond Fund" as the case may be.

b. Application Form along with the Cheque/Demand Draft may be lodged with Official Collection Centres.c. If you are residing / located in a city / town where we do not have an Official Collection Centre, please

draw a demand draft payable at your nearest city where we have such office.d. Payment by Cash, Stock invests, Outstation Cheques and Non-MICR Cheques will not be accepted.

Post-dated cheques will not be accepted.6 Restriction on acceptance of Third Party Payments for subscription of units

a. Where payment is made through instruments issued from an account other than that of the beneficiary investor, the same is referred to as Third-Party payment. In case of a payment from a joint bank account, the first holder of the mutual fund folio has to be one of the joint holders of the bank account from which payment is made. If this criterion is not fulfilled, then this is also construed to be a third party payment.

b. Application with Third Party payments will not be accepted except in the following cases:(i) Payment by Parents/Grandparents/related persons on behalf of a minor in consideration of natural

love and affection or as gift for a value not exceeding ̀ 50,000/- .(ii) Payment by Employer on behalf of employee under Systematic Investment Plans through Payroll

deductions.(iii) Custodian on behalf of an FII or a client.

7 Demat AccountInvestors have an option to hold the Units in dematerialized form. Currently, this facility is not available in case of units offered under the Daily/Weekly/Fortnightly Dividend Option(s). Please refer to the list of all the schemes/ plans/ options on the website of the Fund, viz. www.mostshares.com which offer the facility of holding the units in demat mode.Investors desiring to get allotment of units in demat mode must have a beneficiary account with a Depository Participant (DP) of the Depositories i.e. National Securities Depositories Limited (NSDL) / Central Depository Services Limited (CDSL).

If PAN is not mentioned by applicants, the application is liable to be rejected. Investors may attach a copy of the Client Master Form / DP statement showing active demat account details for verification.Names, mode of holding, PAN details, etc. of the Investor will be verified against the Depository data. The units will be credited to the beneficiary (demat) account only after successful verification with the depository records and realization of payment. In case the demat details mentioned in the application are incomplete/incorrect or do not match with the depository data, the application shall be treated as invalid for processing under demat mode and therefore may be considered for processing in non-demat form i.e. in physical mode if the application is otherwise valid.All details such as address, bank details, nomination etc. will be applicable as available in the depositories’ records. For effecting any subsequent changes to such information, Investors should approach their DP. Redemption requests for units held in demat mode must be submitted to DP or through Stock Exchange Platform, as applicable.Holding / transacting of units held in demat mode shall be in accordance with the procedures /requirements laid down by the Depositories, viz. NSDL/ CDSL in accordance with the provisions under the Depositories Act, 1996 and the regulations thereunder.

8 NRIs/FIIsa. In case of NRI / Persons of Indian Origin, payment must be made either by cheque or demand draft by

means of: (a) inward remittance through normal banking channels; or (b) out of funds held in the NRE / FCNR account, in the case of purchases on a repatriation basis or out of funds held in the NRE / FCNR / NRO account, in the case of purchases on a non-repatriation basis. (In case of Indian Rupee drafts purchased from abroad or payments from FCNR/NRE accounts, a certificate from the Bank issuing the draft confirming the debit and / or foreign inward remittance certificate (FIRC) issued by investor’s banker should also be enclosed. The Mutual Fund reserves the right to hold redemption proceeds in case the requisite details are not submitted).

b. Payment by the FII must be made either by inward remittance through normal banking channels or out of funds held in foreign currency account or Non-Resident Rupee Account maintained by the FII with a designated branch of an authorised dealer in terms of paragraph 2 of Schedule 2 to the FEMA Regulations.

9 Nomination DetailsApplicants applying for units singly / jointly can make a nomination at the time of initial investment or during subsequent investments / during the tenure of the investment.Nomination can be made for maximum number of three nominees. In case of multiple nominees, the percentage of allocation/share in favour of each of the nominees should be indicated against their name and such allocation/share should be in whole numbers without any decimals making a total of 100 percent.In case of units held in demat mode, the nomination details provided to the Depository Participant shall be applicable.

10 Declaration and Signaturesa. Signature can be in English or in any other Indian Language. Thumb impressions must be attested by a

Magistrate or Notary Public or a Special Executive Magistrate under his/her official seal.b. Applications by minors must be signed on their behalf by their guardians.c. If you are investing through your constituted attorney, please ensure that the PoA document is signed by

you and your constituted Attorney. The signature in the Application Form, then needs to clearly indicate that the signature is on your behalf by the Constituted Attorney.

11 Transaction ChargesIn terms of SEBI circular, Cir/ IMD/ DF/13/ 2011 dated August 22, 2011, the distributors of mutual fund products are allowed to be paid transaction charges for purchase transactions :• @ ̀ 100/- per subscription of ̀ 10,000/- and above in respect of existing unitholders; and• @ ̀ 150/- for subscription of ̀ 10,000/- and above in respect of a first time investor in mutual funds.The transaction charge shall be deducted from the subscription amount and paid to the distributor; and the balance shall be invested in the Scheme. The transaction charges and the net investment amount and the number of units allotted will be clearly mentioned in the Account Statement issued by the Mutual Fund.TRANSACTION CHARGES IN CASE OF INVESTMENTS THROUGH SIP:Transaction Charges in case of investments through SIP are deductible only if the total commitment of investment (i.e. amount per SIP installment x No. of installments) amounts to Rs. 10,000 or more. In such cases, Transaction Charges shall be deducted in 3-4 installments.Transaction Charges shall not be deducted:(a) where the Distributor of the investor has not opted to receive any Transaction Charges(b) for purchases / subscriptions / total commitment amount in case of SIP of an amount less than Rs.

10,000/-;(c) for transactions other than purchases / subscriptions relating to new inflows i.e. through Switches /

Systematic Transfers / Dividend Transfers/ Dividend Reinvestment, etc.;(d) for purchases / subscriptions made directly with the Fund (i.e. not through any Distributor); and(e) for purchases / subscriptions routed through Stock Exchange(s).

12 Systematic Investment Plan (SIP)Monthly, Weekly, Fortnightly : Minimum ̀ 1,000 & 6 instalments Quarterly : Minimum ̀ 2,000 & 3 instalments

st th th, st thThe dates for the Auto Debit Facility for all schemes of Motilal Oswal Mutual Fund is 1 , 7 , 14 , 21 or 28 of every month. In case, the date fixed happens to be a holiday / non-business day, the same shall be affected on the next business day. No Post Dated cheques would be accepted for SIP.Micro Systematic Investment Plan (SIP)SEBI vide its circular dated 24th July 2012, conveyed that the investments aggregating ̀ 50,000 in a rolling 12 month period or in a financial year i.e. April to March, in all the schemes of Mutual Funds are exempt from the PAN requirement.Where the aggregate of the Lumpsum Investment (Fresh Purchase &Additional Purchase) and Micro SIP installments by an investor based on the rolling 12 month period/ in a financial year i.e. April to March does not exceed ` 50,000/-, it shall be exempt from the requirement of PAN, (hereafter referred to as “Micro Investments”).PAN requirement exemption will be available only to Micro Investments made by the individuals being Indian Citizens (Including NRIs, Joint Holders*, Minor acting through Guardian and Sole proprietory firms not having PAN). Person of Indian Origin, Hindu Undivided Family,(HUF),Qualified Foreign Investor (QFI) and other categories of investors will not be eligible for this exemption. However the eligible investors are required to submit PAN exempt KYC issued by SEBI registered KRA (KYC Registration Authority). In case of joint holders, first holder must not possess a PAN.(Application not complying with any of the above instruction/guidelines would be rejected.)

13 PAN DETAILSIt is mandatory for all investors to quote their Permanent Account Number (PAN) (except SIP Investments) and submit certified copy of the PAN card issued by the Income Tax Department, irrespective of the amount of investment, while making an application for Purchase of Units. In case of joint holding, PAN details of all holders should be submitted. In case the application is on behalf of minor, PAN details of the Guardian must be submitted. Investors residing in the state of Sikkim are exempt from the mandatory requirement of PAN proof submission; however sufficient documentary evidence shall have to be submitted for verifying that they are residents of the State of Sikkim. Applications without the aforesaid details are liable to be rejected without any reference to the investors. Investment through Systematic Investment Plans (SIPs) upto Rs. 50,000/- (aggregate of installments in a rolling 12 months period or in a financial year i.e. April - March) per year per investor shall be exempt from the requirement of PAN.

14 MODE OF PAYMENTPayment may be made by cheque or bank draft drawn on any bank, which is situated at and is a member of the Bankers’ Clearing House, located at the place where the application is submitted. Bank charges for outstation demand drafts will be borne by the AMC and will be limited to the bank charges stipulated by the State Bank of India. Outstation Demand Draft has been defined as a demand draft issued by a bank where there is no ISC available for Investors.The AMC will not accept any request for refund of demand draft charges, in such cases.

FORM - 1

ACKNOWLEDGMENT SLIP (To be filled in by the Investor) [For any queries please contact our nearest Investor Service Centreor call us at our Customer Service Number 1800-200-6626 (Toll Free)] Application No.

Stamp & Signature

Received, subject to realisation, verification and conditions, an application for purchase of Units as mentioned in the application form.

From

Instrument No. Dated Amount (`) Scheme

Overseas Address for NRI / FII - Mandatory (Please fill in Capital Letters. P.O. Box address may not suffice.)

City State Pin code / Zip

CORRESPONDENCE ADDRESS (P.O.Box Address may not be sufficient.)4.

**Please mention PAN no. as it is Mandatory

3.

Depository Participant (DP) ID (NSDL only) Beneficiary Account Number (NSDL only) Depository Participant (DP) ID (CDSL only)

Depository Participant NameNSDL OR CDSL

DEMAT ACCOUNT DETAILS (Mandatory, only if you require units in the demat form. Please fill in all details, else the application is liable to be rejected).Nomination provided in Demat Account shall be considered. (Refer Instruction No. 7)

Application No.

Distributor ARN

ARN

Sub-Distributor ARN

ARN

Declaration for "execution-only" transaction (only where EUIN box is left blank)I/We hereby confirm that the EUIN box has been intentionally left blank by me/us as this is an “execution-only” transaction without any interaction or advice by the employee/relationship manager/sales person of the above distributor or notwithstanding the advice of in-appropriateness, if any, provided by the employee/relationship manager/sales person of the distributor and the distributor has not charged any advisory fees on this transaction.

Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors’ assessment of various factors including the service rendered by the distributor.

First / Sole Applicant / Guardian

Sig

nat

ure Second Applicant Third Applicant PoA Holder

Internal Sub-Broker / Employee Code EUIN

Continuous Offer of Units at Applicable NAVKey Information Memorandum and Application Forms

ARN Name

I confirm that I am a First time investor across Mutual Funds.(Rs. 150 deductible as Transaction Charge and payable to the Distributor)

OR

TRANSACTION CHARGES FOR APPLICATIONS THROUGH DISTRIBUTORS ONLY (Please 3 any one of the below)

I confirm that I am an existing investor in Mutual Funds.(Rs. 100 deductible as Transaction Charge and payable to the Distributor)

(Refer Instruction No. 11)

In case the purchase/ subscription amount is Rs. 10,000 or more and your Distributor has opted in to receive Transaction Charges, the same are deductible as applicable from the purchase/ subscriptionamount and payable to the Distributor. Units will be issued against the balance amount invested.

JOINT APPLICANTS' DETAILS

Name of Second Applicant Mr. / Ms. / M/s.

Name of Third Applicant Mr. / Ms. / M/s.

2.

EnclosedPAN** KYC CompliancePAN Proof


Anyone or Survivor

Single

(Default Option is Anyone or Survivor)

MODE OF OPERATION

Joint

Motilal Oswal Asset Management Company Limited Motilal Oswal Tower, Jn. of Gokhale Road & Sayani Road, Prabhadevi, Mumbai - 25.

Existing Folio Number Existing Investors : Jump to section 6 and then section 9.(New Investors : Please fill in all sections)

Name of the Sole / 1st Applicant / Corporate Investor (In case of Minor, there shall be no joint holders)

Mr. / Ms. / M/s.

Name of the Guardian (in case of minor) / Power of Attorney Holder / Contact Person (in case of Corporate Investor)

Mr. / Ms. / M/s.

Status of the 1st Applicant

FIRST APPLICANT’S DETAILS The name of the applicant should match with PAN card, Bank Account & Demat Account (if any). Please refer to instruction No. 41.

Mobile No. Email ID

Tel Office Tel Home Fax

Resident Individual



Date of Birth(Mandatory only in case of minor.

Please attach age Proof)

D D M M Y Y

HUFMinor through guardianSociety / ClubOthers _______________________ (please specify)

NRI-RepatriationAOPBOIForeign National Resident in India

NRI-Non RepatriationPIOBody Corporate

PartnershipCompanyOCIQFI

TrustFIIsLLP

OCCUPATIONServiceHousewifeAgricultureOthers _______________________ (please specify)

StudentBusinessProprietorship

ProfessionalRetired

Email id and Mobile No are essential to enable us to communicate better with you.

I/ We wish to receive the following document via email in lieu of physical documents. Yes No Account Statement Newsletter Annual Report Other Statutory Information

EMAIL COMMUNICATION5.

(Investors applying under Direct Plan must mention "Direct" in ARN Column)

Motilal Oswal Asset Management Company LimitedMotilal Oswal Tower, Jn. of Gokhale Road & Sayani Road,Prabhadevi, Mumbai - 25,Email: [email protected]. Toll Free No.: 1800-200-6626

INVESTMENT & PAYMENT DETAILS6.

Payment Type (Please 3) : Non - Third Party Payment Third Party Payment (please fill the attached Third Party Payment Declaration Form - 3)

Scheme - Motilal Oswal MOSt Focused 25 Fund Motilal Oswal MOSt 10 Year Gilt Fund Motilal Oswal MOSt Ultra Short Term Bond Fund

Payment Mode: Cheque DD RTGS NEFT Funds transfer

DD charges, (`)(ii)

Total Amount (`) (i) + (ii)

Amount (`)(i)

Instrument No. Date D D M M Y Y

Bank Name

Branch & City

Account No.

Current Savings NRO NRE FCNRAccount Type

LUMPSUM INVESTMENT

First SIP Instalment Amount (`)

SYSTEMATIC INVESTMENT PLAN / MICRO SIP - ECS (please fill ECS Debit Form - 2)

Drawn on Bank, Branch

First SIP Instalment Cheque / DD No. D D M M Y YDate

Subsequent SIP Instalment Amount (`)

Motilal Oswal MOSt Focused 25 Fund

OR ORZERO BALANCE

in figures

in words

Plan - Direct (Default Plan) Regular Option - Growth Div - Payout Monthly

Div - Reinvest (Default Option) Daily Weekly Fortnightly Monthly Quarterly

Quarterly

Name of the Bank Branch

CityAccount Number

SavingsCurrentAccount Type NRO NRE FCNR Others (please specify)

MICR Code RTGS/NEFT Code

BANK DETAILS (Mandatory) Redemption / Dividend / Refund payouts will be credited into this bank account in case it is in the current list of banks with whom Motilal Oswal Mutual Fund has Direct Credit facility.7.

I / We understand that the instructions to the bank for Direct Credit / NEFT / ECS will be given by the Mutual Fund, and such instructions will be adequate discharge of the Mutual Fund towards redemption / dividend / refund proceeds. In case the bank does not credit my /our bank account with / without assigning any reason thereof, or if the transaction is delayed or not effected at all or credited into the wrong account for reasons of incomplete or incorrect information, I / We would not hold Motilal Oswal Mutual Fund responsible. Further the Mutual Fund reserves the right to issue a demand draft / payable at par cheque in case it is not possible to make payment by DC/NEFT/ECS.

If however the unit holders wish to receive a cheque (instead of a direct credit into their bank account) please tick the box alongside

I/We DO NOT wish to nominate and sign here 1st Applicant Signature (Mandatory)I/We wish to nominate.

Nominee Name Guardian Name (In case of Minor) % (Percentage) Nominee Signature

Nominee 1

Nominee 2

Nominee 3

Address Total = 100%

NOMINATION DETAILS (Mandatory information. Please select the desired option.)8.

First / Sole Applicant / Guardian Second Applicant Third Applicant POA Holder

Having read and understood the contents of the Scheme Information Documents of the Scheme(s), I/We hereby apply for the units of the Scheme(s) and agree to abide by the terms, conditions, rules and regulations governing the Scheme(s). I/ We hereby declare that the amount invested in the Scheme(s) is through legitimate sources only and does not involve and is not designed for the purpose of the contravention of any Act, Rules, Regulations, Notifications or Directions of the provisions of the Income Tax Act, Anti Money Laundering Laws, Anti Corruption Laws or any other applicable laws enacted by the Government of India from time to time. I/ We have understood the details of the Scheme(s) & I / We have not received nor have been induced by any rebate or gifts, directly or indirectly in making this investment. I / We confirm that the funds invested in the Scheme(s), legally belong to me / us. In the event " Know Your Customer" process is not completed by me / us to the satisfaction of the Mutual Fund, I / We hereby authorise the Mutual Fund, to redeem the funds invested in the Scheme(s), in favour of the applicant, at the applicable NAV prevailing on the date of such redemption and undertake such other action with such funds that may be required by the Law.The ARN holder has disclosed to me / us all the commissions (in the form of trail commission or any other mode), payable to him for the different competing Schemes of various Mutual Funds from amongest which the Scheme is being recommended to me / us.For NRIs only : I / We confirm that I am / we are Non Residents of Indian nationality / origin and that I / We have remitted funds from abroad through approved banking channels or from funds in my / our Non-Resident External / Non-Resident Ordinary / FCNR Account.I / We confirm that the details provided by me / us are true and correct.

DECLARATION & SIGNATURES9.

SIP Frequency Monthly Quarterly

SIP Frequency Weekly Fortnightly Monthly Quarterly

(Default Option)

Motilal Oswal MOSt 10 Year Gilt Fund Motilal Oswal MOSt Ultra Short Term Bond Fund - SIP Date

SIP Period From To M M Y YM M Y Y Perpetual Other

SIP Date st1 th7 th14st21

th 28 of the Month

*Applicable to application under Direct Plan: I/We hereby declare and confirm that I/We have read and understood the Scheme related documents pertaining to the "Direct Plan" and also confirm that the investments in Scheme through "Direct Plan" is/are made at my own discretion. Motilal Oswal Mutual Fund/MOAMC/Trustee shall not be liable for any consequences arising out of such investments.

X

FORM - 2

ECS Debit facility for SIP is currently available forAccount holders of all banks participating in local clearing at Agra, Ahmedabad, Allahabad, Amritsar, Anand, Asansol, Aurangabad, Bangalore, Bardhaman, Baroda, Belgaum, Bhavnagar, Bhilwara, Bhopal, Bhubaneshwar, Bijapur, Bikaner, Calicut, Chandigarh, Chennai, Cochin, Coimbatore, Cuttack, Davangere, Dehradun, Delhi, Dhanbad, Durgapur, Erode, Gadag, Gangtok, Goa, Gorakhpur, Gulbarga, Guwahati, Gwalior, Haldia, Hasan, Hubli, Hyderabad, Imphal, Indore, Jabalpur, Jaipur, Jalandhar, Jammu, Jamnagar, Jamshedpur, Jodhpur, Kakinada, Kanpur, Kolhapur, Kolkata, Kota, Lucknow,Ludhiana, Madurai, Mandya, Mangalore, Mumbai, Mysore, Nagpur, Nasik, Nellore, Patna, Pondicherry, Pune, Raichur, Raipur, Rajkot, Ranchi, Salem, Shillong, Shimla, Shimoga, Sholapur, Siliguri, Surat, Tirunelveli, Tirupati, Tiruppur, Trichur, Trichy, Trivandrum, Tumkur, Udaipur, Udipi, Varanasi, Vijaywada, Vizag

Electronic Debit for the account holders of the following banksAllahabad Bank, Axis Bank, Bank of Baroda, Bank of India, Citi Bank, Corporation Bank, Federal Bank, ICICI Bank, IDBI Bank, IndusInd Bank, Kotak Mahindra Bank, Punjab National Bank, South Indian Bank, State Bank of India, State Bank of Patiala, UCO Bank, Union Bank of India, United Bank of India

Authorization to pay SIP installments through Electronic Clearing Service (ECS) / Electronic DebitI/We hereby, authorise Motilal Oswal Mutual Fund or their authorised service provider for Motilal Oswal Asset Management Company Limited to debit my/our bank account by ECS (Debit Clearing) / Electronic Debit for the collection of SIP installments.

ECS Autosave forSystematic Investment Plan

Application No.

1 UNIT HOLDER INFORMATION

Email IDMobile No.

Existing Folio Number

Name of the First Holder

2 SYSTEMATIC INVESTMENT PLAN (SIP) / MICRO SIP

Scheme - Plan - Direct (Default Plan) Regular Option - Growth

SIP Period From ToM M Y Y M M Y YPerpetual Other

Please specifically mention the MICR code of you bank branch in case you have a payable at par cheque book. In case of incorrect/ incomplete bank details it will be captured from attached cheque copy on a best effort basis.I/We hereby declare that the particulars given above are correct and express my willingness to pay the installments to pay the installments referred above through participation in ECS / Electronic Debit. If the transaction is delayed or not effected at all for reasons of incomplete or incorrect information, I/We would not hold the user institution responsible. I/We will also inform Motilal Oswal Asset Managment Company Ltd. about any changes in my bank account. I/We also agree to bear any charges pertaining to availing of this faciltiy.


CityAccount Number

Name of the Account Holder


3 BANK DETAILS (Centralised Bank Account (CBS) Number is mandatory for ECS and Direct Debit)

MICR Code

X First / Sole Applicant Second Applicant Third ApplicantSignatures

Place

Date

FOR BANK USE ONLY4

We, hereby, certify that the particulars furnished above are correct as per our records, and we, hereby, declare that a copy of this form, duly completed, has been submitted to us.

Branch Date

Signature of the Authorised Official from the Bank Bank Stamp

AUTHORISATION OF THE BANK ACCOUNT HOLDER5

This is to inform that I / We have registered for the RBI's ECS (Debit Clearing) / Electronic Debit and that my payment towards SIP installments shall be made from my / our below mentioned bank account with your bank. I / We authorise the representative carrying this ECS / Electronic Debit mandate form to get it verified and executed.

Account Holder's SignatureX Joint Account Holder's Signature Account Number

Monthly

Weekly

Quarterly

Fortnightly

SIP Frequency

Motilal Oswal MOSt 10 Year Gilt Fund / Motilal Oswal MOSt Ultra Short Term Bond Fund

Motilal Oswal MOSt Focused 25 Fund

Subsequent SIP Instalment Amount (`)

Monthly Quarterly

(Default Option) Div - Payout Div - Reinvest

st1 th7 th14 st21 th 28 of the Month

SIP Date

FORM - 3

Declaration Form No.

D D M M Y Y Y Y

D D M M Y Y Y Y

THIRD PARTY PAYMENT DECLARATION FORM should be completed in English and in BLOCK LETTERS only. (Please read the Third Party Payment Rules and Instructions carefully before completing this Form.)

FOR OFFICE USE ONLY

Date of Receipt Folio No. Branch Trans. No.

1. BENEFICIAL INVESTOR INFORMATION

FOLIO NO. (For existing investor) Application No.

NAME OF FIRST/ SOLE APPLICANT (Beneficial Investor)

Mr. / Ms. / M/s.

2. THIRD PARTY INFORMATION

NAME OF THIRD PARTY (Person Making the Payment)

Mr. / Ms. / M/s.#Nationality PAN KYC** (Please ü) Attached (Mandatory for any amount)

#Mandatory for any amount. Please attach PAN Proof.

NAME OF CONTACT PERSON & DESIGNATION (in case of non-Individual Third Party)

Mr. / Ms.

Designation

MAILING ADDRESS (P.O. Box Address may not be sufficient)

City State Pin Code

CONTACT DETAILS STD Code

Tel. : Off. Tel. : Res. Mobile

Fax Email

RELATIONSHIP OF THIRD PARTY WITH THE BENEFICIAL INVESTOR [Please ü (”) as applicable.]

Status of the Minor Fll Employee (s)

Beneficial Investor Client

Relationship of Third Party Parent Custodian Employer

with the Beneficial Investor Grand Parent SEBI Registration No. of Custodian

Related Person Registration Valid Till

(Please specify)

Declaration by I/We declare that the payment made on behalf I/We declare that the payment is made on behalf of FII/ I/We declare that the payment is made onThird Party of minor is in consideration of natural love and Client and the source of this payment is from funds provided behalf of employee(s) under Systematic

affection or as a gift. to us by FII/Client. Investment Plans through Payroll Deductions.

3. THIRD PARTY PAYMENT DETAILS

Mode of Payment [Please ü (/)] Mandatory Enclosure(s)*

Cheque In case the account number and account holder name of the third party is not pre-printed on the cheque then a copy of the bank passbook / statement of bank account or letter from the bank certifying that the third party maintains a bank account.

Pay Order Certificate from the Issuing Banker stating the Bank Account Holder's Name and Bank Account.

Demand Draft Number debited for issue of the instrument.

Banker's Cheque

RTGS

NEFT Copy of the Instruction to the Bank stating the Bank Account Number which has been debited.

Fund Transfer

* Motilal Oswal Mutual Fund/ Motilal Oswal Asset Management Company Limited reserves the right to seek information and /or obtain such other additional documents/information from the Third Party for establishing the identity of the Third Party.

#Amount in figures in words

Cheque/DD/PO/UTR No. Cheque/DD/PO/RTGS Date

Pay- in Bank A/c No.

Name of the Bank

Branch Bank City

Account Type [Please ü] SAVINGS CURRENT NRE NRO FCNR OTHERS

# including Demand Draft charges, if any.

(please specify)

THIRD PARTY PAYMENT DECLARATION FORM

1. In order to enhance compliance with Know your Customer (KYC) norms under the Prevention of Money Laundering Act, 2002 (PMLA) and to mitigate the risks associated with acceptance of third party payments, Association of Mutual Funds of India (AMFI) issued best practice guidelines on "risk mitigation process against third party instruments and other payment modes for mutual fund subscriptions". AMFI has issued the said best practice guidelines requiring mutual funds/asset management companies to ensure that Third-Party payments are not used for mutual fund subscriptions.

2. The following words and expressions shall have the meaning specified herein:

(a) "Beneficial Investor" is the first named applicant/investor in whose name the application for subscription of Units is applied for with the Mutual Fund.

(b) "Third Party" means any person making payment towards subscription of Units in the name of the Beneficial Investor.

(c) "Third Party payment" is referred to as a payment made through instruments issued from a bank account other than that of the first named applicant/ investor mentioned in the application form.

Illustrations

Illustration 1: An Application submitted in joint names of A, B & C alongwith cheque issued from a bank account in names of B, C & Y. This will be considered as Third Party payment.

Illustration 2: An Application submitted in joint names of A, B & C alongwith cheque issued from a bank account in names of C, A & B. This will not be considered as Third Party payment.

Illustration 3: An Application submitted in joint names of A, B & C alongwith cheque issued from a bank account in name of A. This will not be considered as Third Party payment.

3. Motilal Oswal Mutual Fund/Motilal Oswal Asset Management Company will not accept subscriptions with Third Party payments except in the following exceptional cases, which is subject to submission of requisite documentation/ declarations:

(i) Payment by Parents / Grand-Parents / Related Persons* on behalf of a minor in consideration of natural love and affection or as gift for a value not exceeding ` 50,000/- each regular Purchase or per SIP installment.

(ii) Payment by Employer on behalf of employee(s) under Systematic Investment Plan (SIP) Payroll deductions.

(iii) Custodian on behalf of an FII or a Client.

* 'Related Person' means any person investing on behalf of a minor in consideration of natural love and affection or as a gift.

4. Applications submitted through the above mentioned 'exceptional cases' are required to comply with the following, without which applications for subscriptions for units will be rejected / not processed / refunded.

(i) Mandatory KYC for all investors (guardian in case of minor) and the person making the payment i.e. third party.

(ii) Submission of a complete and valid 'Third Party Payment Declaration Form' from the investors (guardian in case of minor) and the person making the payment i.e. third party.

5. Investor(s) are requested to note that any application for subscription of Units of the Scheme(s) of Motilal Oswal Mutual Fund accompanied with Third Party payment other than the above mentioned exceptional cases as described in Rule (2b) above is liable for rejection without any recourse to Third Party or the applicant investor(s).

The above mentioned Third Party Payment Rules are subject to change from time to time. Please contact any of the Investor Service Centres of Motilal Oswal AMC or visit our website for any further information or updates on the same.

THIRD PARTY PAYMENT RULES

I/We certify that the information declared herein by the Third Party is true and correct.

I/We acknowledge that Motilal Oswal Mutual Fund reserves the right in its sole discretion to reject/not process the Application Form and refund the payment received from the aforesaid Third Party and

the declaration made by the Third Party will apply solely to my/our transaction as the beneficial investor(s) detailed in the Application Form. Motilal Oswal Mutual Fund/ Motilal Oswal AMC will not be

liable for any damages or losses or any claims of whatsoever nature arising out of any delay or failure to process this transaction due to occurrences beyond the control of Motilal Oswal Mutual

Fund/Motilal Oswal AMC.

Applicable to Guardian receiving funds on behalf of Minor only:

I/We confirm that I/We are the legal guardian of the Minor, registered in folio and have no objection to the funds received towards Subscription of Units in this Scheme on behalf of the minor.

BENEFICIAL INVESTOR(S) DECLARATION

4. DECLARATIONS & SIGNATURE/S

THIRD PARTY DECLARATION

I/We confirm having read and understood the Third Party Payment rules, as given below and hereby agree to be bound by the same.

I/We declare that the information declared herein is true and correct, which Motilal Oswal Mutual Fund is entitled to verify directly or indirectly. I agree to furnish such further information as Motilal Oswal

Mutual Fund may require from me/us. I/We agree that, if any such declarations made by me/us are found to be incorrect or incomplete, Motilal Oswal Mutual Fund/Motilal Oswal AMC is not bound to

pay any interest or compensation of whatsoever nature on the said payment received from me/us and shall have absolute discretion to reject / not process the Application Form received from the

Beneficial Investor(s) and refund the subscription monies.

I/We hereby declare that the amount invested in the Scheme is through legitimate sources only and does not involve and is not designed for the purpose of any contravention or evasion of any Act, Rules,

Regulations, Notifications or Directions issued by any regulatory authority in India. I/We will assume personal liability for any claim, loss and/or damage of whatsoever nature that Motilal Oswal Mutual

Fund/Motilal Oswal AMC may suffer as a result of accepting the aforesaid payment from me/us towards processing of the transaction in favour of the beneficial investor(s) as detailed in the Application

Form.

Applicable to NRIs only :

I/We confirm that I am/We are Non-Resident of Indian Nationality/Origin and I/We hereby confirm that the funds for subscription have been remitted from abroad through normal banking channels or

from funds in my / our Non-Resident External / Ordinary Account /FCNR Account.

Please (ü) Yes No

If yes, (ü) Repatriation basis

Non-repatriation basis Signature of the Third Party

SIGNATURE/S

X First / Sole Applicant / Guardian Second Applicant Third Applicant

FORM - 4

MOTILAL OSWAL MUTUAL FUNDTRIGGER FACILITY FORM

Note1. The Yields levels specified by the Unit holder must be in multiples of 0.05 percent, e.g. 8.50%, 8.55%, 8.60% etc. yield levels in ascending order or descending order

or vice-a-versa.2. The NAV INR level specified by the Unit holder must be in multiples of 0.05 paisa e.g. INR 10.50, INR.10.55, INR. 10.60 etc. INR levels in ascending order or

descending order or vice-a-versa.3. The NAV percentage level specified by the Unit holder must be in multiples of 1 % percentage levels in ascending order or descending order or vice-a-versa .4. On the trigger date, the specified percentage of the amount registered will be redeemed in the Most 10 year Gilt Fund by redemption of units in the said fund at the

closing NAV of the next day i.e. the trigger date + next business day. Once a transaction is processed, the same will not be reversed and it will be final and binding upon the Unit holder.

5. The AMC will require atleast 7 calendar days from the date of submission of valid enrolment forms to register the Unit holder under the Plan. Therefore in the intervening period i.e. between the date of submission of the enrolment form and the date of registration, if any of the triggers (i.e. closing yield levels) as indicated by the unit holder is reached or crossed, the same will not be taken into consideration for activation of the Plan. Upon registration the Unit holders will be sent a confirmation by mail or email or SMS (as selected by the Unit holder). The amount registered as mentioned above, must be available in the scheme at the time of registration.

6. The trigger once activated and processed, becomes inactive. For e.g. if the Trigger is activated at yield level of 8.50 % on the Trigger date and the specified percentage of the registered amount is redeemed and the said trigger becomes inactive, and subsequently, in case the yield level again touches 8.55% at a later date during the period of the Plan, the Trigger being inactive, will not be processed.

(Second Unit Holder) (Third Unit Holder)X (First Unit Holder)

SIGNATURES

TRIGGER

Folio No.

Scheme Name : Plan:4

Purchase Date Purchase Amount (Rs.) D D M M Y Y Y Y

(Please provide the purchase transaction date and relevant investment amount to initiate the Trigger action)

ACTION (Please tick any one)OPTIONS (Please tick any one)

Full RedemptionYield of 10 year Gilt reaches or crosses %

Redemption to the extent of capital appreciation onlyNAV appreciates or depreciates by %

Redemption to the extent of Principal amount onlyNAV appreciates by %

NAV depreciates by %

NAV reaches or crosses Rs

Date: D D M M Y Y Y Y

ToKarvy Computershare Private LimitedUnit : Motilal Oswal Mutual Fund, 8 - 2 - 596 Karvy Plaza,Avenue 4, Street No.1, Banjara Hills,Hyderabad - 500034 Tel.: 040 - 23312454

Dear Sir,

I/ We would like to activate the Trigger Facility in my folio as detailed herebelow:

UNIT HOLDER DETAILS

Folio No.:

Name of the First Unitholder :

Scheme: Plan: Option:

Application No.

FORM - 5

Systematic Transfer Plan /Systematic Withdrawal Plan

Having read and understood the contents of the Scheme Information Document of the Scheme(s), I / We hereby apply for units of the Scheme(s) and agree to abide by the terms, conditions, rules and regulation governing the Scheme(s). I / We hereby declare that the amount invested in the Scheme(s) is through legitimate sources only and does not involve and is not designed for the purpose of the contravention of any Act, Rules, Regulations, Notifications or Directions fo the provisions of the Income Tax Act, Anti Money Laundering Laws, Anti Corruption Laws or any other applicable laws enacted by the Government of India from time to time. I / We have understood the details of the Scheme(s) and I / We have not received nor have been induced by any rebate or gifts, directly or indirectly in making this investment. I / We confirm that the funds invested in the Scheme(s), legally belong to me / us. In the event “Know Your Customer” processis not completed by me / us to the satisfaction of the Mutual Fund, I / We hereby authorize the Mutual Fund, to redeem the funds invested in the Scheme(s), in favour of the applicant, at the applicableNAV prevailing on the date of such redemption and undertake such other action with such funds that may be required by the Law.The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode), payable to him for the different competing Schemes of various Mutual Funds fromamongst which the Scheme is being recommended to me / us.For NRIs only: I / We confirm that I am / we are Non Residents of Indian nationality / origin and that I / We have remitted funds from abroad through approved banking channels or from funds in my / our Non-Resident External / Non-Resident Ordinary / FCNR account.

M M Y Y M M Y Y

Application No.

I/We hereby confirm that the EUIN box has been intentionally left blank by me/us as this is an “execution-only” transaction without any interaction or advice by the employee/relationship manager/sales person of the above distributor or notwithstanding the advice of in-appropriateness, if any, provided by the employee/relationship manager/sales person of the distributor and the distributor has not charged any advisory fees on this transaction.

D D M M Y Y

D D M M Y Y

D D M M Y Y

D D M M Y Y

st1 th7 th14 st21 th28

D D M M Y Y

D D M M Y Y

st1 th7 th14 st21 th28st1 th7 th14 st21 th28

ARN Name

X

FORM - 6

Standing Instructions/

Auto Debit form for Systematic Investment Plan (SIP)

(Only for HDFC Bank Investors)

Existing Folio Number Name of the First Holder

End Date

Start Date

M M Y Y

M M Y Y

Default option is perpetual i.e. Dec. 2099.

Monthly (Please provide the date)

To, The Manager,

HDFC Bank Ltd.

Debit Mandate for HDFC Bank. Application for Standing Instruction Maintenance for SIP / MICRO SIP

hereby authorize you to deduct on a Monthly basis (as a Standing Instruction) from my / our following Current / Savings Account and remit the same to Motilal Oswal Mutual Fund as per the details given below.

I / We

I/We (name of unit holder) undertake to keep sufficient funds in the funding account on the date of execution of standing instruction. I/We hereby declare that the particulars given above are correct and complete. If the transaction is delayed or not effected at all for reasons of incomplete or incorrect information, I/We would not hold the Mutual Fund or the bank responsible. If the date of debit to my/our account happens to be a non-business day as per the Mutual Fund, execution of the SIP will happen on the day of holiday and allotment of units will happen as per the terms and conditions listed in the Offer Document / SID of the Mutual Fund. HDFC Bank shall not be liable for, not be in default by reason of, any failure or delay in completion due to riot, strike, mutiny, revolution, fire flood, fog, war, lightning, earthquake, change of government policies, unavailability of Bank's computer system, force majeure events, or any other cause of peril which is beyond the bank's reasonable control and which has the effect of preventing the performance of the contract by HDFC Bank. I/We acknowledge that no separate intimation will be received from HDFC Bank in case of non-execution of the instructions for any reasons whatsoever.

Yours faithfully,

Account Holder/s Signature

Sign for HDFC Bank Auto Debit facility.

Signature also required in Form 1.

Branch

Sub: Request for Maintenance of a Standing Instruction for SIP / MICRO SIP

Maintained on:

Account Holder's Name:

Account No.: Amount:

SIP Start Date: SIP End Date: Next SIP Date:

Maintained by:

Standing InstructionNature of Instruction

Payment of SIP Installment of Motilal Oswal Mutual FundPurpose of Standing Instruction

Name of the Scheme

Debit Account no.

Account Holder's Name

SIP Amount (Rs.)

SIP Enrollment Period

Frequency & Date

Plan Option

In case of incorrect/ incomplete bank details it will be captured from attached cheque copy on a best effort basis.

D D

Date D D M M Y Y Y Y

UNIT HOLDER INFORMATION

For CPU Use Only

X

INSTRUCTIONS FOR COMPLETING THE APPLICATION FORM

1 General Informationa. Please read the terms of the Key Information Memorandum and the Scheme Information Document (SID)

and Statement of Additional Information carefully before filling the Application Form. Investors are deemed to have accepted the terms subject to which this offer is being made and bind themselves to the terms upon signing the Application Form and tendering payment.

b. The Application Form should be completed in ENGLISH and in BLOCK LETTERS only. Please tick in the appropriate box for relevant options wherever applicable. Please do not overwrite. For any correction / changes (if any) made on the Application Form, the sole/all applicants are requested to authenticate the same by canceling and re-writing the correct details and counter-signing the same. Applications completed in all respects, must be submitted at the Investor Service Centres (ISCs) / Official Points of Acceptance.Investors can also subscribe to the Units of all scheme of Motilal Oswal Mutual Fund through the mutual fund trading platforms viz. BSE StAR MF of Bombay Stock Exchange Limited and Mutual Fund Service System (MFSS) of National Stock Exchange of India Limited. For further details, investors are advised to con tac t ISCs o f Karvy o r v i s i t ou r webs i te www.mot i l a loswa l .com and www.motilaloswal.com / assetmanagement. Please write the Serial Number of the Application Form / Folio Number on the reverse of the cheque / demand draft. Applications incomplete in any respect are liable to be rejected. The AMC / Trustee retains the sole and absolute discretion to reject any application.

c. Investments through distributorsAs per directions of Securities and Exchange Board of India (SEBI), the distributors, agents or any persons employed or engaged or to be employed or engaged in the sale and/or distribution of mutual fund products are required to have a valid certification from the National Institute of Securities Markets (NISM) by passing the certification examination.Further, no agents / distributors are entitled to sell units of mutual funds unless the intermediary is registered with Association of Mutual Funds in India (AMFI).

d. New cadre distributors: SEBI has introduced a new cadre of distributors such as postal agents; retired government and semi-government officials (class III and above or equivalent), retired teachers and retired bank officers (all such retired persons with at least 10 years of service) and other similar persons (such as Bank correspondents) as may be notified by AMFI/AMC from time to time. Such New Cadre distributor can sell only ‘simple and performing’ diversified equity schemes, index funds and fixed maturity plans. There is a pre-fix of “SD” before the ARN number of such distributors. They also hold an EUIN which must be quoted in the application form.

e. Employee Unique Identification Number (EUIN)Further, SEBI has made it compulsory for every employee/ relationship manager/ sales person of the distributor of mutual fund products to quote in the Application Form the EUIN obtained by him/her from AMFI. EUIN would assist in addressing any instance of mis-selling even if the employee/ relationship manager/sales person later leaves the employment of the distributor. Hence, if your investments are routed through a distributor please ensure that the EUIN is correctly filled in the Application Form. However, if your distributor has not given you any advice pertaining to the investment, the EUIN box may be left blank. In this case, you are required to provide a duly signed declaration to this effect, as given in the Form.

f. Overseas DistributorsOverseas Distributors are exempt from obtaining NISM certification and AMFI registration as per AMFI circular No. CIR/ ARN-14/ 12-13 dated July 13, 2012 and the EUIN requirement as per AMFI Circular No.135/BP/33/2012-13 dated December 31, 2012. However, such Overseas Distributors are required to comply with the guidelines/ requirements as may be issued by AMFI /SEBI from time to time and also comply with the laws, rules and regulations of jurisdictions where they carry out their operations in the capacity of distributors.

g. Direct InvestmentsInvestors applying under Direct Plan must mention “Direct” in ARN No. column. In case Distributor code is mentioned in the Application Form, but “Direct Plan” is indicated against the Scheme/ Series name, the Distributor code will be ignored and the application will be processed under Direct Plan. In case of valid application received without indicating “Direct Plan” against the Scheme/ Series name and without any Distributor Code mentioned on the form, the application will be processed under “Direct Plan.

h. All Applicants are subject to detailed scrutiny and verification. Application Form incomplete in any respect or not accompanied by a Cheque /Demand Draft are liable to be rejected either at the collection centre itself or subsequently after detailed verification at the back office of the Registrars.

2 Compliance and Prevention of Anti Money LaunderingYour attention is particularly drawn to the section on “Prevention of Money Laundering and Know Your Customer”. All the applications with incomplete/incorrect information/not accompanied with the necessary documents, shall be treated as invalid and shall be liable to be rejected. Prevention of Money Laundering Act, the SEBI Circulars on Anti Money Laundering (AML) and the Client Identification implementation procedures prescribed by AMFI inter alia require the AMC to verify the records of identity and address(es) of investors. It is mandatory for all applicants to submit necessary documents for compliance with Anti Money Laundering (guardian in case of minor). The AMC reserves the right to reject subscription requests in the absence of appropriate compliance with the AML Laws.

3 Applicant’s Personal Informationa. Please furnish your name and complete postal address with the Pin Code (P.O. Box No. Not enough)

and your Contact Nos. This would help us reach you faster.b. Please furnish the name of Contact Person in case of investments by Company/ Body Corporate / Trust /

Society / FIIs / Association of Person / Body of Individuals.c. KYC Compliance: KYC is mandatory for all investors (including joint holders, guardians of minors and

NRIs) to enclose a copy of KYC compliance to the application for investing in mutual fund schemes.d. If you have not indicated your Tax Status in the Application Form, the same would be assumed to be others.

4 Bank Account DetailsAn investor at the time of purchase of units must provide the details of his / her pay-out bank account (i.e. account into which redemption/ dividend proceeds are to be paid).Bank account details provided in the application will be used for refunding rejected applications where DP ID is not matching. Investors are requested to provide Bank Account Detail linked with their Demat Account. In case of discrepancies Bank Account Details as per depository records will prevail.

5 Payment Detailsa. Cheques should be crossed “A/c Payee only” and drawn in favour of

• "Motilal Oswal MOSt Focused - 25 Fund”• "Motilal Oswal MOSt 10 year Gilt Fund"• "Motilal Oswal MOSt Ultra Short Term Bond Fund" as the case may be.

b. Application Form along with the Cheque/Demand Draft may be lodged with Official Collection Centres.c. If you are residing / located in a city / town where we do not have an Official Collection Centre, please

draw a demand draft payable at your nearest city where we have such office.d. Payment by Cash, Stock invests, Outstation Cheques and Non-MICR Cheques will not be accepted.

Post-dated cheques will not be accepted.6 Restriction on acceptance of Third Party Payments for subscription of units

a. Where payment is made through instruments issued from an account other than that of the beneficiary investor, the same is referred to as Third-Party payment. In case of a payment from a joint bank account, the first holder of the mutual fund folio has to be one of the joint holders of the bank account from which payment is made. If this criterion is not fulfilled, then this is also construed to be a third party payment.

b. Application with Third Party payments will not be accepted except in the following cases:(i) Payment by Parents/Grandparents/related persons on behalf of a minor in consideration of natural

love and affection or as gift for a value not exceeding ̀ 50,000/- .(ii) Payment by Employer on behalf of employee under Systematic Investment Plans through Payroll

deductions.(iii) Custodian on behalf of an FII or a client.

7 Demat AccountInvestors have an option to hold the Units in dematerialized form. Currently, this facility is not available in case of units offered under the Daily/Weekly/Fortnightly Dividend Option(s). Please refer to the list of all the schemes/ plans/ options on the website of the Fund, viz. www.mostshares.com which offer the facility of holding the units in demat mode.Investors desiring to get allotment of units in demat mode must have a beneficiary account with a Depository Participant (DP) of the Depositories i.e. National Securities Depositories Limited (NSDL) / Central Depository Services Limited (CDSL).

If PAN is not mentioned by applicants, the application is liable to be rejected. Investors may attach a copy of the Client Master Form / DP statement showing active demat account details for verification.Names, mode of holding, PAN details, etc. of the Investor will be verified against the Depository data. The units will be credited to the beneficiary (demat) account only after successful verification with the depository records and realization of payment. In case the demat details mentioned in the application are incomplete/incorrect or do not match with the depository data, the application shall be treated as invalid for processing under demat mode and therefore may be considered for processing in non-demat form i.e. in physical mode if the application is otherwise valid.All details such as address, bank details, nomination etc. will be applicable as available in the depositories’ records. For effecting any subsequent changes to such information, Investors should approach their DP. Redemption requests for units held in demat mode must be submitted to DP or through Stock Exchange Platform, as applicable.Holding / transacting of units held in demat mode shall be in accordance with the procedures /requirements laid down by the Depositories, viz. NSDL/ CDSL in accordance with the provisions under the Depositories Act, 1996 and the regulations thereunder.

8 NRIs/FIIsa. In case of NRI / Persons of Indian Origin, payment must be made either by cheque or demand draft by

means of: (a) inward remittance through normal banking channels; or (b) out of funds held in the NRE / FCNR account, in the case of purchases on a repatriation basis or out of funds held in the NRE / FCNR / NRO account, in the case of purchases on a non-repatriation basis. (In case of Indian Rupee drafts purchased from abroad or payments from FCNR/NRE accounts, a certificate from the Bank issuing the draft confirming the debit and / or foreign inward remittance certificate (FIRC) issued by investor’s banker should also be enclosed. The Mutual Fund reserves the right to hold redemption proceeds in case the requisite details are not submitted).

b. Payment by the FII must be made either by inward remittance through normal banking channels or out of funds held in foreign currency account or Non-Resident Rupee Account maintained by the FII with a designated branch of an authorised dealer in terms of paragraph 2 of Schedule 2 to the FEMA Regulations.

9 Nomination DetailsApplicants applying for units singly / jointly can make a nomination at the time of initial investment or during subsequent investments / during the tenure of the investment.Nomination can be made for maximum number of three nominees. In case of multiple nominees, the percentage of allocation/share in favour of each of the nominees should be indicated against their name and such allocation/share should be in whole numbers without any decimals making a total of 100 percent.In case of units held in demat mode, the nomination details provided to the Depository Participant shall be applicable.

10 Declaration and Signaturesa. Signature can be in English or in any other Indian Language. Thumb impressions must be attested by a

Magistrate or Notary Public or a Special Executive Magistrate under his/her official seal.b. Applications by minors must be signed on their behalf by their guardians.c. If you are investing through your constituted attorney, please ensure that the PoA document is signed by

you and your constituted Attorney. The signature in the Application Form, then needs to clearly indicate that the signature is on your behalf by the Constituted Attorney.

11 Transaction ChargesIn terms of SEBI circular, Cir/ IMD/ DF/13/ 2011 dated August 22, 2011, the distributors of mutual fund products are allowed to be paid transaction charges for purchase transactions :• @ ̀ 100/- per subscription of ̀ 10,000/- and above in respect of existing unitholders; and• @ ̀ 150/- for subscription of ̀ 10,000/- and above in respect of a first time investor in mutual funds.The transaction charge shall be deducted from the subscription amount and paid to the distributor; and the balance shall be invested in the Scheme. The transaction charges and the net investment amount and the number of units allotted will be clearly mentioned in the Account Statement issued by the Mutual Fund.TRANSACTION CHARGES IN CASE OF INVESTMENTS THROUGH SIP:Transaction Charges in case of investments through SIP are deductible only if the total commitment of investment (i.e. amount per SIP installment x No. of installments) amounts to Rs. 10,000 or more. In such cases, Transaction Charges shall be deducted in 3-4 installments.Transaction Charges shall not be deducted:(a) where the Distributor of the investor has not opted to receive any Transaction Charges(b) for purchases / subscriptions / total commitment amount in case of SIP of an amount less than Rs.

10,000/-;(c) for transactions other than purchases / subscriptions relating to new inflows i.e. through Switches /

Systematic Transfers / Dividend Transfers/ Dividend Reinvestment, etc.;(d) for purchases / subscriptions made directly with the Fund (i.e. not through any Distributor); and(e) for purchases / subscriptions routed through Stock Exchange(s).

12 Systematic Investment Plan (SIP)Monthly, Weekly, Fortnightly : Minimum ̀ 1,000 & 6 instalments Quarterly : Minimum ̀ 2,000 & 3 instalments

st th th, st thThe dates for the Auto Debit Facility for all schemes of Motilal Oswal Mutual Fund is 1 , 7 , 14 , 21 or 28 of every month. In case, the date fixed happens to be a holiday / non-business day, the same shall be affected on the next business day. No Post Dated cheques would be accepted for SIP.Micro Systematic Investment Plan (SIP)SEBI vide its circular dated 24th July 2012, conveyed that the investments aggregating ̀ 50,000 in a rolling 12 month period or in a financial year i.e. April to March, in all the schemes of Mutual Funds are exempt from the PAN requirement.Where the aggregate of the Lumpsum Investment (Fresh Purchase &Additional Purchase) and Micro SIP installments by an investor based on the rolling 12 month period/ in a financial year i.e. April to March does not exceed ` 50,000/-, it shall be exempt from the requirement of PAN, (hereafter referred to as “Micro Investments”).PAN requirement exemption will be available only to Micro Investments made by the individuals being Indian Citizens (Including NRIs, Joint Holders*, Minor acting through Guardian and Sole proprietory firms not having PAN). Person of Indian Origin, Hindu Undivided Family,(HUF),Qualified Foreign Investor (QFI) and other categories of investors will not be eligible for this exemption. However the eligible investors are required to submit PAN exempt KYC issued by SEBI registered KRA (KYC Registration Authority). In case of joint holders, first holder must not possess a PAN.(Application not complying with any of the above instruction/guidelines would be rejected.)

13 PAN DETAILSIt is mandatory for all investors to quote their Permanent Account Number (PAN) (except SIP Investments) and submit certified copy of the PAN card issued by the Income Tax Department, irrespective of the amount of investment, while making an application for Purchase of Units. In case of joint holding, PAN details of all holders should be submitted. In case the application is on behalf of minor, PAN details of the Guardian must be submitted. Investors residing in the state of Sikkim are exempt from the mandatory requirement of PAN proof submission; however sufficient documentary evidence shall have to be submitted for verifying that they are residents of the State of Sikkim. Applications without the aforesaid details are liable to be rejected without any reference to the investors. Investment through Systematic Investment Plans (SIPs) upto Rs. 50,000/- (aggregate of installments in a rolling 12 months period or in a financial year i.e. April - March) per year per investor shall be exempt from the requirement of PAN.

14 MODE OF PAYMENTPayment may be made by cheque or bank draft drawn on any bank, which is situated at and is a member of the Bankers’ Clearing House, located at the place where the application is submitted. Bank charges for outstation demand drafts will be borne by the AMC and will be limited to the bank charges stipulated by the State Bank of India. Outstation Demand Draft has been defined as a demand draft issued by a bank where there is no ISC available for Investors.The AMC will not accept any request for refund of demand draft charges, in such cases.

Overseas Address for NRI / FII - Mandatory (Please fill in Capital Letters. P.O. Box address may not suffice.)

City State Pin code / Zip

CORRESPONDENCE ADDRESS (P.O.Box Address may not be sufficient.)3.

**Please mention PAN no. as it is Mandatory

JOINT APPLICANTS' DETAILS

Name of Second Applicant Mr. / Ms. / M/s.

Name of Third Applicant Mr. / Ms. / M/s.

2.



Anyone or Survivor

Single

(Default Option is Anyone or Survivor)

MODE OF OPERATION

Joint

Application No.

Motilal Oswal Value Index (MOVI) Pack Plan is a Systematic Transfer Plan (STP) from select debt/liquid scheme into select equity scheme that enables allocation between debt and equity asset classes. It allows Unitholders holding units in non-demat form to take advantage of fluctuations in equity market valuations and not just market levels based on MOVI. Under this facility, Investors may opt to transfer amounts from Motilal Oswal MOSt Ultra Short Term Bond Fund (referred to as Transferor Scheme) to Motilal Oswal MOSt Focused 25 Fund (referred to as Transferee Scheme) with allocations based on MOVI levels. The transfers will be enabled in the reverse as well.

Sig

nat

ure First / Sole Applicant / Guardian Second Applicant Third Applicant PoA Holder

Declaration for "execution-only" transaction (only where EUIN box is left blank)I/We hereby confirm that the EUIN box has been intentionally left blank by me/us as this is an “execution-only” transaction without any interaction or advice by the employee/relationship manager/sales person of the above distributor or notwithstanding the advice of in-appropriateness, if any, provided by the employee/relationship manager/sales person of the distributor and the distributor has not charged any advisory fees on this transaction.

Existing Folio Number Existing Investors : Jump to section 5 and then section 8.(New Investors : Please fill in all sections)

Name of the Sole / 1st Applicant / Corporate Investor (In case of Minor, there shall be no joint holders)

Mr. / Ms. / M/s.

Name of the Guardian (in case of minor) / Power of Attorney Holder / Contact Person (in case of Corporate Investor)

Mr. / Ms. / M/s.

Status of the 1st Applicant

FIRST APPLICANT’S DETAILS The name of the applicant should match with PAN card, Bank Account & Demat Account (if any). Please refer to instruction No. 41.

Tel Office Tel Home Fax

Resident Individual



Date of Birth(Mandatory only in case of minor.

Please attach age Proof)

D D M M Y Y

HUFMinor through guardianSociety / ClubOthers _______________________ (please specify)

NRI-RepatriationAOPBOIForeign National Resident in India

NRI-Non RepatriationPIOBody Corporate

PartnershipCompanyOCIQFI

TrustFIIsLLP

OCCUPATIONServiceHousewifeAgricultureOthers _______________________ (please specify)

StudentBusinessProprietorship

ProfessionalRetired

ACKNOWLEDGMENT SLIP (To be filled in by the Investor) [For any queries please contact our nearest Investor Service Centreor call us at our Customer Service Number 1800-200-6626 (Toll Free)] Application No.

Stamp & Signature

Received, subject to realisation, verification and conditions, an application for purchase of Units as mentioned in the application form.

From

Instrument No. Dated Amount (`) Scheme

Motilal Oswal Asset Management Company Limited Motilal Oswal Tower, Jn. of Gokhale Road & Sayani Road, Prabhadevi, Mumbai - 25.

Motilal Oswal MOSt Ultra Short Term Bond Fund

Distributor ARN

ARN

Sub-Distributor ARN

ARN

Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors’ assessment of various factors including the service rendered by the distributor.

Internal Sub-Broker / Employee Code EUINARN Name

ARN

I confirm that I am a First time investor across Mutual Funds.(Rs. 150 deductible as Transaction Charge and payable to the Distributor)

OR

TRANSACTION CHARGES FOR APPLICATIONS THROUGH DISTRIBUTORS ONLY (Please 3 any one of the below)

I confirm that I am an existing investor in Mutual Funds.(Rs. 100 deductible as Transaction Charge and payable to the Distributor)

(Refer Instruction No. 11)

In case the purchase/ subscription amount is Rs. 10,000 or more and your Distributor has opted in to receive Transaction Charges, the same are deductible as applicable from the purchase/ subscriptionamount and payable to the Distributor. Units will be issued against the balance amount invested.

I/ We wish to receive the following document via email in lieu of physical documents. Yes No Account Statement Newsletter Annual Report Other Statutory Information

EMAIL COMMUNICATION4.

Mobile No. Email IDEmail id and Mobile No are essential to enable us to communicate better with you.

(Investors applying under Direct Plan must mention "Direct" in ARN Column)

x First / Sole Applicant / Guardian Second Applicant Third Applicant POA Holder

Having read and understood the contents of the Scheme Information Documents of the Scheme(s), I/We hereby apply for the units of the Scheme(s) and agree to abide by the terms, conditions, rules and regulations governing the Scheme(s). I/ We hereby declare that the amount invested in the Scheme(s) is through legitimate sources only and does not involve and is not designed for the purpose of the contravention of any Act, Rules, Regulations, Notifications or Directions of the provisions of the Income Tax Act, Anti Money Laundering Laws, Anti Corruption Laws or any other applicable laws enacted by the Government of India from time to time. I/ We have understood the details of the Scheme(s) & I / We have not received nor have been induced by any rebate or gifts, directly or indirectly in making this investment. I / We confirm that the funds invested in the Scheme(s), legally belong to me / us. In the event " Know Your Customer" process is not completed by me / us to the satisfaction of the Mutual Fund, I / We hereby authorise the Mutual Fund, to redeem the funds invested in the Scheme(s), in favour of the applicant, at the applicable NAV prevailing on the date of such redemption and undertake such other action with such funds that may be required by the Law.The ARN holder has disclosed to me / us all the commissions (in the form of trail commission or any other mode), payable to him for the different competing Schemes of various Mutual Funds from amongest which the Scheme is being recommended to me / us.For NRIs only : I / We confirm that I am / we are Non Residents of Indian nationality / origin and that I / We have remitted funds from abroad through approved banking channels or from funds in my / our Non-Resident External / Non-Resident Ordinary / FCNR Account.I / we having read the SID, do hereby authorize MOAMC upon my / our request being valid, to allocate or rebalance my / our investment in the schemes. I/we understand that upon such act, MOAMC or its associates are not liable for any loss arising out of such authorization.I / We confirm that the details provided by me / us are true and correct. I/We having read and understood the terms and conditions of MOVIE PACK PLAN.

DECLARATION & SIGNATURES8.


CityAccount Number


MICR Code RTGS/NEFT Code

BANK DETAILS (Mandatory) Redemption / Dividend / Refund payouts will be credited into this bank account in case it is in the current list of banks with whom Motilal Oswal Mutual Fund has Direct Credit facility.6.

I / We understand that the instructions to the bank for Direct Credit / NEFT / ECS will be given by the Mutual Fund, and such instructions will be adequate discharge of the Mutual Fund towards redemption / dividend / refund proceeds. In case the bank does not credit my /our bank account with / without assigning any reason thereof, or if the transaction is delayed or not effected at all or credited into the wrong account for reasons of incomplete or incorrect information, I / We would not hold Motilal Oswal Mutual Fund responsible. Further the Mutual Fund reserves the right to issue a demand draft / payable at par cheque in case it is not possible to make payment by DC/NEFT/ECS.

If however the unit holders wish to receive a cheque (instead of a direct credit into their bank account) please tick the box alongside

I/We DO NOT wish to nominate and sign here 1st Applicant Signature (Mandatory)I/We wish to nominate.

Nominee Name Guardian Name (In case of Minor) % (Percentage) Nominee Signature

Nominee 1

Nominee 2

Nominee 3

Address Total = 100%

NOMINATION DETAILS (Mandatory information. Please select the desired option.)7.

INVESTMENT & PAYMENT DETAILS5.

Payment Type (Please 3) : Non - Third Party Payment Third Party Payment (please fill the attached Third Party Payment Declaration Form - 4)

Motilal Oswal Asset Management Company LimitedMotilal Oswal Tower, Jn. of Gokhale Road & Sayani Road, Prabhadevi, Mumbai - 25,Email: [email protected]. Toll Free No.: 1800-200-6626

Current Savings NRO NRE FCNRAccount Type

• Motilal Oswal MOSt Focused 25 Fund - Growth (Default)

• Motilal Oswal MOSt Ultra Short Term Bond Fund

Plan: Direct Regular (*Default Plan)

Option: Growth Div - Payout Monthly QuarterlyDiv - Reinvest(Default Option)

Daily Weekly FortnightlyMonthly Quarterly

A. One Time Investment

Bank Name Branch & City

MOVI Pack PlanMotilal Oswal Value Index (MOVI) Pack Plan is a Systematic Transfer Plan (STP) from select debt/liquid scheme into select equity scheme that enables allocation between debt and equity asset classes.

Instrument No. Date D D M M Y Y

Cheque DD RTGS NEFT Funds transfer

Amount (`)

Payment Detail (Please provide details for investment in MOVI Pack Plan)

Account No.

B. STP

• Motilal Oswal MOSt Focused 25 Fund - Growth (Default)

STP Period From To M M Y YM M Y Y Perpetual Other

STP Amount (`) Min ` 1000 STP Date : 15 of every month

Plan: Direct* Regular (*Default Plan)

Option: Growth** Div - Payout Monthly Quarterly

Div - Reinvest (Default Option)

Daily Weekly Fortnightly Monthly Quarterly

Motilal Oswal MOSt Ultra Short Term Bond Fund

# minimum 6 installments

*Applicable to application under Direct Plan: I/We hereby declare and confirm that I/We have read and understood the Scheme related documents pertaining to the "Direct Plan" and also confirm that the investments in Scheme through "Direct Plan" is/are made at my own discretion. Motilal Oswal Mutual Fund/MOAMC/Trustee shall not be liable for any consequences arising out of such investments.

Note :- Transfer : This transfer is made from the Transferor Scheme (Motilal Oswal MOST Ultra Short Term Bond Fund) to the Transferee Scheme (Motilal Oswal MOST Focussed 25 Fund – Growth), on the date of allocation based on MOVI levels.Reverse Transfer : This transfer is made from the Transferee Scheme to the Transferor Scheme, when appreciation in the market value of the Transferee Scheme results in a breach of the prescribed allocation level as determined by MOVI.

TERMS AND CONDITIONS

Motilal Oswal Value Indicator (MOVI) Pack Plan is a Systematic Transfer Plan (STP) from select debt/liquid scheme into select equity scheme that enables allocation between debt and equity asset classes. It allows Unitholders holding units in non-demat form to take advantage of fluctuations in equity market valuations and not just market levels based on MOVI. Under this facility, Investors may opt to transfer amounts from Motilal Oswal MOSt Ultra Short Term Bond Fund (referred to as Transferor Scheme) to Motilal Oswal MOSt Focused 25 Fund (referred to as Transferee Scheme) with allocations based on MOVI levels. The transfers will be enabled in the reverse as well.

1. The Enrolment Form should be completed in ENGLISH and in BLOCK LETTERS only. Please tick in the appropriate box and do not overwrite. The Enrolment Form complete in all respects should be submitted at any of the Official Points of Acceptance of Motilal Oswal Mutual Fund.

2. Enrolment forms incomplete in any respect are liable to be rejected. The AMC / Trustee retain the sole and absolute discretion to reject any enrolment form.

3. Investors are advised to read the Scheme Information Document of the Schemes and Statement of Additional Information carefully before investing. The Scheme Information Document(s) / Key Information Memorandum(s) of the Scheme(s) and Statement of Additional Information are available with the ISCs of Motilal Oswal Mutual Fund, brokers/distributors and also displayed at the Motilal Oswal Mutual Fund website i.e. www.motilaloswal.com/assetmanagement

4. Motilal Oswal Value Indicator (MOVI) helps gauge equity market. The Indicator is calculated taking into account Price to Earnings, Price to Book and Dividend Yield of the CNX Nifty Index.

A low MOVI level indicates that the market valuation appears to be cheap and one may allocate a higher percentage of their investments to Equity as an asset class. A high MOVI level indicates that the market valuation appears to be expensive and that one may reduce their equity allocation.

India Index Services & Products Ltd. (IISL) is the calculating agent of MOVI. IISL shall calculate, compile, maintain and provide MOVI values to Motilal Oswal Asset Management Company Ltd.

5. Transfer: This transfer is made from the Transferor Scheme to the Transferee Scheme, on the date of allocation based on MOVI levels.

Reverse Transfer: This transfer is made from the Transferee Scheme to the Transferor Scheme, when appreciation in the market value of the Transferee Scheme results in a breach of the prescribed allocation level as determined by MOVI.

Illustrations:

Equity and Debt Allocation Matrix at different MOVI levels

MOVI Levels Equity Debt

Less Than 70 100% 0%

70 <80 90% 10%

80 <90 80% 20%

90 <100 70% 30%

100 <110 55% 45%

110 <120 40% 60%

120 <130 25% 75%

Greater Than 130 0% 100%

Equity and Debt allocations based on 90 Day Moving Average of MOVI to eliminate anomalies. Equity & Debt allocations arrived at by using historical data.

How does the MOVI Pack Plan work? – Motilal Oswal MOVI Pack Plan consists of two parts as explained below; transfer & reverse transfer. The following example illustrates how MOVI Pack Plan with a Monthly Interval will work.

Transfer

Case 1 (STP):

As per Allocation Matrix Market Movements Allocation on Monthly Allocation on Cumulative Balance (Not Ideal) Balance (Ideal)

Date Installment MOVI Equity Debt Equity Debt Equity Debt Equity Debt Amount

15th Jan 1,000 85 80% 20% - - 800 200 800 200

15th Feb 1,000 95 70% 30% 10% 10% 700 300 1442 618

15th Mar 1,000 105 55% 45% 0% 0% 550 450 1683 1377

Total Investments 2050 950 1683 1377

% Spilt 68.33% 31.67% 55.00% 45.00%

Let’s assume, an Investor opts for a Systematic Transfer Plan under the MOVI Pack Plan for an amount of Rs. 1,000 (Column B) on a monthly basis. Starting the plan from January (Column A), we observe the MOVI value to be 85 (Column C) on 15th January. As per the allocation matrix, (Columns D and E) the Equity and Debt allocation is 80% in Equity and 20% in Debt. Out of the first installment of Rs. 1,000, Rs. 800 will be invested in Motilal Oswal Focused 25 Fund (Equity) and Rs. 200 will be invested in Motilal Oswal Ultra Short Term Bond Fund (Debt).

Now let’s assume in the next month, on 15th February, MOVI is at 95. As per the allocation matrix, the allocation is 70% in Equity and 30% in Debt. Before we go ahead and allocate the second installment of Rs. 1,000, we need to account for the change in value of the previous investment (Columns F and G). This is the most critical part of the allocation. Assuming the initial Rs. 800 in Equity has risen by 10% to Rs. 880 and Rs. 200 in Debt has fallen by 10% to Rs. 180, then a mechanical allocation of Rs. 700 in Equity and Rs. 300 in Debt (Columns H and I) would not be ideal as it eliminates the impact of market movements on previous investments.

Therefore, we need to ensure that allocation of the 2nd installment of Rs. 1,000 is made in such a way that allocation for investments at the cumulative level is aligned to the allocation matrix. Hence, we will invest Rs. 562 in Equity and Rs. 438 in Debt (Columns J and K) which will take the total value of investments under Equity to Rs. 1,442 and under Debt to Rs. 648 thus translating into an allocation of 70% in Equity and 30% in Debt. The same applies to the third installment made in the month of March assuming no change in market value.

Reverse Transfer:

This transfer is made from the transferee scheme to the transferor scheme for any excess value in the transferee scheme that cannot be adjusted by deployment of fresh capital to ensure that overall allocation is aligned to the allocation matrix. Reverse transfer, if required, will occur on the date of allocation.

Case 2 (One Time Investment):

As per Allocation Matrix Market Movements Allocation on Monthly Allocation on Cumulative Balance (Not Ideal) Balance (Ideal)

Date Installment MOVI Equity Debt Equity Debt Equity Debt Equity Debt Amount

15th Jan 10,000 85 80% 20% - - 8,000 2,000 8,000 2,000

15th Feb - 95 70% 30% 10% 10% 8,800 1,800 7,420 3,180

1st Mar 10,000 98 70% 30% -5% 5% 15,360 4,890 14,272 6,116

15th Mar - 105 55% 45% 0% 0% 15,360 4,890 11,213 9,175

Total Investments 15,360 4,890 11,213 9,175

% Spilt 75.85% 24.15% 55.00% 45.00%

TERMS AND CONDITIONS (CONTD.)

Assuming an Investor opts for a One Time investment option under the MOVI Pack Plan for an amount of Rs. 10,000 (Column B), let’s say on 15th of January (Column A). Starting the plan from January, we observe the MOVI value to be 85 (Column C) on 15th January. As per the allocation matrix, the Equity and Debt allocation is 80% in Equity and 20% in Debt (Columns D and E). Out of the first installment of Rs. 10,000, Rs. 8,000 will be invested in Motilal Oswal Focused 25 Fund (Equity) and Rs. 2,000 will be invested in Motilal Oswal Ultra Short Term Bond Fund (Debt).

Now let’s assume in the next month, on 15th February, MOVI is at 95. As per the allocation matrix the Equity and Debt allocation is 70% in Equity and 30% in Debt. Since there is no fresh incoming capital, unlike in the STP enrolment option, we need to take into consideration the change in value of the initial investment and re-allocate.

Assuming the initial Rs. 8,000 in Equity has risen by 10% to Rs. 8,800 and Rs. 2,000 in Debt has fallen by 10% to Rs. 1,800, (Columns F and G) we need to re-allocate the investments so as to align them to the allocation matrix. This is done by redeeming units (Reverse Transfer) in Motilal Oswal Focused 25 Fund to bring down its value to Rs. 7,420 (Column J) which means that the Equity allocation is now 70%, and transferring to Motilal Oswal Ultra Short Term Bond Fund to raise its value to Rs. 3,180 (Column K) which takes the Debt allocation to 30%, in-line with the Allocation Matrix as of 15th February.

Any additional investment, under One Time Investment enrolment option, will be allocated in a way similar to the systematic enrolment option to ensure allocation at the cumulative level is aligned to the allocation matrix.

For example, on 1st March there is an additional investment of Rs. 10,000. The Equity and Debt funds have returned -5% and 5% respectively as of 1st March, from the last date of allocation i.e. 15th of February. The Equity and Debt allocation as per the allocation matrix is unchanged at 70% and 30% respectively, since MOVI is at 98. Therefore, this investment of Rs. 10,000 will be allocated in a way which ensures investments at the cumulative level are aligned to the allocation matrix.

Under the ‘One Time Investment’ enrolment option, in addition to the 15th, reverse transfer may occur on any other date when an additional investment is made into the MOVI Pack Plan.

Disclaimer: The above are only illustrations explaining the concept of MOVI Pack Plan using assumed figures. The illustrations are merely indicative in nature and should not be construed as investment advice. They do not in any manner imply or suggest performance of any Motilal Oswal Mutual Fund Schemes(s). MOVI Pack Plan neither assures a profit nor guarantees protection against a loss in declining market.

6. This Plan presently offers two enrolment options:

a. One Time Investment

b. Systematic Transfer Plan (STP) with a minimum of 6 installments.

7. Minimum amount under this Plan is as follows:

Options Minimum Amount of Transfer (Rs.)

One Time Investment Rs. 5000/- and in multiples of Re 1/- thereafter

STP Rs. 1000/- and in multiples of Re 1/- thereafter

8. The date of allocation will be the 15th of every month. In case the date of allocation falls on a Non-Business Day or falls during a book closure period, the immediate following Business Day will be considered as the date of allocation.

Note: Under ‘One Time Investment’ enrolment option, in addition to the 15th of every month, allocation will occur on the business day succeeding the date of enrolment into the MOVI Pack Plan.

Under the ‘STP’ enrolment option, if the Unitholder has an existing Systematic Investment Plan (SIP) in the Transferor scheme where the date of SIP falls on a date later than or on 15th of every month, then allocation for that amount will occur on 15th of the subsequent month.

9. On the date of allocation, the prescribed percentage of the amount will be transferred in the Transferee Scheme at the closing NAV of the same day i.e. date of allocation.

10. The AMC will require 7 calendar days from the date of submission of valid enrolment forms to register the Investor under this Plan. Therefore, in the intervening period i.e. date of submission of enrolment form and date of registration, if the date of allocation is crossed, then the same will be considered at the next date of allocation.

11. The amount transferred under this Plan from the Transferor Scheme to Transferee Scheme shall be effective by redeeming units of Transferor Scheme at applicable NAV, (subject to the applicable exit load, if any) and subscribing to the units of the Transferee Scheme at applicable NAV on the date of allocation. The units will be subscribed to the growth option in the Transferee Scheme and processed accordingly.

12. Unitholders can discontinue the Plan at any time by providing a written request which shall be made effective within 7 calendar days of the date of receipt of the said request.

13. This Plan will be automatically terminated if all units are liquidated or withdrawn or pledged or upon receipt of intimation of death of the unit holder.

14. Unitholders should note that investor details and mode of holding (single, joint, anyone or survivor) in the Transferee Scheme will be as per the existing folio number of the Transferor Scheme. Units will be allotted under the same folio number.

15. The redemption of units under this Plan by way of transfer/ Reverse transfer would be subject to applicable taxes, if any. For details on taxation, please refer to the Section on 'Taxation on investing in Mutual Funds' in SAI. In view of individual nature of tax consequences, each client is advised to consult their professional tax advisor in regard to tax treatment for their investments / redemption.

16. In case the amounts (as specified) to be transferred are not available in the Transferor Scheme in the Unitholder's account, the Plan will be discontinued. Further, in case there is all unit redemption and Unit balance in the Transferor Scheme is reduced to Nil then this Plan will be discontinued.

17. MOVI Pack Plan in any manner whatsoever is not an assurance or promise or guarantee on part of Motilal Oswal Mutual Fund/Motilal Oswal Asset Management Company Limited to the Unit holders in terms of returns or capital appreciation or minimization of loss of capital or otherwise.

18. The Trustee reserves the right to change/modify the terms and conditions of this Plan or withdraw this Plan at a later date.