OFFER DOCUMENT

Prudential ICICI Balanced Fund
accordance with the conditions set out in the aforesaid notification.
For the purpose of this section, the term “mutual funds” is as referred to in Clause (23D) of Section 10 of Income-
Tax Act 1961.
iii) Mode of Payment on Repatriation basis
FIIs may pay their subscription amounts either by way of 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 authorized dealer with the approval of the RBI subject to the terms and conditions set out in the
aforesaid notification.
In case Indian rupee drafts are purchased abroad or from Foreign Currency Accounts or Non-resident Rupee Accounts
an account debit certificate from the Bank issuing the draft confirming the debit shall also be enclosed.
In case of NRIs and persons of Indian origin residing abroad, payment may be made by way of Indian Rupee drafts
purchased abroad and payable at Mumbai or by way of cheques drawn on Non-Resident (External) (NRE) Accounts
payable at par at Mumbai. Payments can also be made by means of rupee drafts payable at Mumbai and purchased
out of funds held in NRE Accounts / FCNR Accounts.Rupee Account of the FII maintained with a designated bank,
approved by RBI.
All cheques/drafts should be made out in favour “Prudential ICICI Balanced Fund” and crossed “Account Payee
Only”. In case Indian Rupee drafts are purchased abroad or from FCNR/NRE A/c. an account debit certificate from
the Bank issuing the draft confirming the debit shall also be enclosed.
iv) Mode of payment on Non-Repatriation basis
In case of NRIs/persons of Indian origin seeking to apply for Units on a non-repatriation basis, payments may be
made by cheques/demand drafts drawn out of Non-Resident Ordinary (NRO)/Non-Resident Special Rupee (NRSR)
accounts payable at the city where the application Form is accepted.
v) Application under Power of Attorney/ Body Corporate/Registered Society/ Trust/ Partnership
In case of an application under Power of Attorney or by a limited company, body corporate, registered society, trust
or partnership, etc., the relevant Power of Attorney or the relevant resolution or authority to make the application as
the case may be, or duly certified copy thereof, along with the memorandum and articles of association/bye-laws
must be lodged Customer Service Centres along with the Application form.
vi) Joint Applicants
In the event an Account has more than one registered owner, the first-named holder (as determined by reference to
the original Application Form) shall receive the Account Statement, all notices and correspondence with respect to
the Account, as well as the proceeds of any redemption requests or dividends or other distributions. In addition,
such Unitholders shall have the voting rights, as permitted, associated with such Units, as per the applicable guidelines.
Applicants can specify the ‘mode of holding’ in the Application Form as ‘Jointly’ or ‘Anyone or Survivor’. In the case
of holding specified as ‘Jointly’, redemptions and all other requests relating to monetary transactions would have to
be signed by all joint holders. However, in cases of holding specified as ‘Anyone or Survivor’, any one of the
Unitholders will have the power to make redemption requests, without it being necessary for all the Unitholders to
sign. However, in all cases, the proceeds of the redemption will be paid to the first-named holder.
In case of death / insolvency of any one or more of the persons named in the Register of Unit holders as the joint
holders of any Units, the AMC, shall not be bound to recognise any person(s) other than the remaining holders. In
all such cases, the proceeds of the Redemption will be paid to the first-named of such remaining Unit holders.
vii) Nomination Facility
The AMC has provided this nomination facility as an additional feature. By provision of this facility the AMC is not
in any way attempting to grant any rights other than those granted by law to the nominee. A nomination in respect
of the Units does not create an interest in the property after the death of the Unit holder.
The nominee shall receive the Units only as an agent and trustee for the legal heirs or legatees as the case
may be.
All other issues pertaining to nomination facility and nominee/s shall be subject to the Nomination Rules as
prescribed by AMC from time to time.
The single/joint/surviving Unitholders can, at the time an application is made or subsequently by writing to the
Registrar request for a nomination form and the Rules and Regulations governing the facility in order to nominate
any person subject to completion of necessary formalities.
It may, however, be noted that in the event of death of the Unitholder and in the event a nominee has been named,
the nominee shall stand transposed in respect of the Units held by the Unit holder. Such nominee (new Unit holder)
will hold the Units in trust for and on behalf of the estate of the original Unit holder and his / her legal heirs. Such
payments made by the AMC shall be full and valid discharge of the AMC / Fund from all further liabilities in respect
47