Disclosure In Relation To Soft Dollar Arrangements

As per SEBI Circular SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016, soft dollar arrangements between the Asset Management companies (AMCs) and brokers should be limited to only benefits (like free research report, etc.) that are in the interest of investors and the same should be suitably disclosed.

In this regard, it may be noted that ITI Asset Management Limited (“ITIAML”) does not have any Soft-Dollar arrangements with any of its brokers. Separately, such brokers may provide research related services which can facilitate in investment decision making process (like research reports, meetings / calls with subject experts, etc.) and / or trade execution related services. Such arrangements are in the interest of investors of ITI Mutual Fund.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.