bslmf one time mandate revise

7/24/2019 BSLMF One Time Mandate Revise

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Overview

It is a one - time registration process.

One Time Mandate (OTM) facility is a one-time mandate registration process that will

enable you to transact seamlessly in a simple, convenient and paperless manner. Using the

OTM facility, you can instruct your bank to allow a debit of a certain amount, with a fixed

daily upper limit in your account, whenever you wish to transact. Having registered an OTM

you can subscribe without having to initiate any payment from your end.

Benefits of the Facility:

Invest through any mode (Physical/SMS/Website) via SIP or lump sum purchases. Invest without a cheque/DD/transfer funds online. Register SIPs in 5 days for OTM registered investors.

Some experiences are

worth repeating.

Some arent.

CIN: U65991MH1994PLC080811

567679www.mutualfund.birlasunlife.com


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The turn-around time of registering for this facility is 21 days just like any other mandate

registration process.

How much time will it take to register for OTM facility?

You will need to submit the SIP cum OTM registration Form.

I already have a folio. Which forms do I need to submit to register for

OTM facility, and/or SIP as well?

As you have already registered for OTM facility, you only need to submit the physical

SIP registration form, visit our website or send an SMS to register SIP.

I have already registered for OTM facility. Which form do I need to submit

to start an SIP?

There is no cap on the number of SIPs that can be registered through the OTM

facility. However, the sum total of your various SIP installments in a day should not be

more than the amount limit mentioned on the OTM form at the time of registration.

How many SIPs can I register through the OTM facility?

It is a one-time registration process where you authorize your bank to execute debits

to your bank account upto a certain specified limit, as and when you invest with

BSLAMC without having to initiate any payment from your end.

FAQs

What is One Time Mandate (OTM) facility of Birla Sun Life Mutual Fund?

This facility is currently being made available to Resident Individuals (including

guardians on behalf of minor) and Non-Resident Individuals only being existing Unit

holders of Birla Sun Life Mutual Fund.

Who can avail this facility?

In case you are an existing investor, you need to fill and submit the OTM Debit MandateForm to any of our Investor Service Center considered as Official Point of Transaction

of BSLAMC.

How do I register for OTM facility?

In case of a new investor, please fill and submit the Common Application Form along

with the OTM Debit Mandate Form.

CIN: U65991MH1994PLC080811



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Yes. You can specify the limit in the amount field on the OTM form. This limit is a

daily limit on the maximum amount that you are can to invest on any given day.

Is there any transaction limit for the OTM facility?

Eligible Investors can avail this facility if you have a bank account with any bank

which has branches participating in Reserve Bank of India ("RBI") Electronic

Clearing System ("ECS") /National Electronic Clearing System ("NECS")/Regional

Electronic Clearing System ("RECS") facility and National Automated Clearing

House (NACH) platform.

Which bank account do I need to hold to be an eligible investor to opt forthis facility?

You can:

What are the various transactions that I can do through the OTM facility?

Make fresh lump sum investments Start new SIPs

The payment towards your investment will happen directly through your bank

account based on your defined limit on the OTM form and you need not submit a

cheque/ DD every time/transfer funds online.

Once the OTM facility is registered in the folio, any new SIP registration request will

be registered within 5 days. If you submit the SIP registration request along with the

OTM form, the SIP will be registered within 21 days.

How long does it take to register new SIPs through the OTM facility?

As a registered user for SMS Transact facility, you will be automatically registered

for the OTM Facility.

I have already registered for the SMS transact facility. Do I need to register

again for OTM facility?

Once the OTM facility is registered in your folio, physical/email/SMS intimation will

be sent. Further, on receipt of successful registration confirmation of the mandatefrom your banker, an OTM activation intimation (physical/email/SMS) will also be

sent.

How will I be informed once the registration is completed?

CIN: U65991MH1994PLC080811



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At the time of submission of physical /online transaction you need to tick or select

the Pay through OTM facility. Pay through OTM Facility is just another paymentoption like Cheque/DD, RTGS/NEFT, Funds Transfer available on the forms/online

portal.

How do I make an additional or fresh investment through the OTM facility?

The applicable NAV for the transaction will be dependent on various factors under

provisions of SEBI (Mutual Fund) Regulations, 1996 like receipt time of the

transaction; the scheme, the type of transaction, the date & time of realization of

funds. All transactions under OTM facility will be treated on par with similartransactions received through any other modes. For details on the applicable NAV,

refer Scheme information Document on the website of the Fund.

What will be the applicable NAV for my transaction?

You can request for cancellation of the OTM facility by submitting the One Time Debit

Mandate Form and indicating cancellation.

How do I cancel my registration for OTM facility?

This Facility would enable for starting a Systematic Investment Plan (SIP) or invest

lump sum amounts in any Open ended Scheme of the Fund (except Birla Sun Life

Gold ETF and Birla Sun Life Nifty ETF) by sending instructions indicating OTM

usage for transaction through offline, online, SMS or any other mode as enabled by

BSLAMC from time to time.

What the various modes of submission of transactions under OTM facility?

This facility is available for investment in any Open Ended - Equity, Balanced, Fund of

Funds & Debt Schemes (including Liquid Schemes but excluding Birla Sun Life Gold

ETF and Birla Sun Life Nifty ETF)

Is this facility available for all schemes of BSLMF?

The only upper limit is as mentioned in the OTM form. The limit in the OTM form is

your daily limit for transactions through any mode. The lower limit applicable is the

minimum purchase amount in the respective plan/ option of the Schemes of the Fund

as defined in the Scheme Information Document (SID) for each transaction.

Is there any upper or lower limit for transacting through the OTM facility?

CIN: U65991MH1994PLC080811



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bslmf one time mandate revise

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