1.Units of the Scheme will be available only in the Dematerialized form.
2.The applicant under the Scheme will be required to have a beneficiary account with a Depository Participant of NSDL/CDSL and will be required to indicate the DP's name, DP ID Number and its beneficiary account number with DP.
3.DP ID based static data will be used for communication and payout purpose.
4.Transactions with invalid DP IDs / PAN, are liable to be rejected and the refund will be paid to the source account.
5.The units of the Scheme are to be issued/ repurchased and traded compulsorily in dematerialized form, no request for rematerialisation of units of the Scheme will be accepted.
6.Units held in DEMAT form will be freely transferable, subject to the applicable regulations and the guidelines as may be amended from time to time.
7.As the units of the Scheme will be issued, traded and settled in dematerialized (electronic) form, the statement of holding of the beneficiary account holder will be sent by the respective Depository Participant periodically.