9911796707
TMI BlogDISCLOSURE DOCUMENTX X X X Extracts X X X X X X X X Extracts X X X X ..... ther disclosures, which in its opinion are material for the investor, provided that such information is a statement of fact and is not presented in an incomplete, inaccurate or misleading manner. It should also be ensured that inclusion of such information does not, by virtue of its nature or manner of presentation, hamper understanding of any information that is required to be included under the model disclosure document The model Disclosure Document specifies only the nature of the disclosures that should be contained under various heads in the disclosure document, and is not intended to describe the layout or language to be contained therein. MODEL DISCLOSURE DOCUMENT FOR PORTFOLIO MANAGEMENT The minimum disclosures to be given in the Di ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... early defined. All terms shall be used uniformly throughout the text of the Disclosure Document. 3) Description (i) History, Present Business and Background of the portfolio manager (ii) Promoters of the portfolio manager, directors and their background (iii)Top 10 Group companies/firms of the portfolio manager on turnover basis (latest audited financial statements may be used for this purpose) (iv)Details of the services being offered: Discretionary/ Non discretionary / Advisory. 4) Penalties, pending litigation or proceedings, findings of inspection or investigations for which action may have been taken or initiated by any regulatory authority. (i) All cases of penalties imposed by the Board or the directions issued by the Board under the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... io manager does not indicate its future performance.] (iii) Risk arising from the investment objective, investment strategy and asset allocation. (iv) Risk arising out of non diversification, if any. 4 [(v) If the portfolio manager has no previous experience/ track record a disclosure to that effect shall be made.] 7) Client Representation (i) Category of clients No. of clients Funds managed (Rs. Cr.) Discretionary/ Non Discretionary(if available) Associates /group companies Last 3 years Others (last 3 years ) Total (ii) Complete disclosure in respect of transactions with related parties as per the standards specified by the Institute of Chartered Accountants of India. 8) The Financial Performance of the portfolio manager (based on audited ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rimary mailing address, secondary (back up) mailing address, identity information such as photograph, Permanent Account Number (PAN), driving license etc. (b) Occupation _________ (c) Introduced by_______________ (name and full address) (d) Annual incomes for the last 3 financial years and the networth as on the last date of the respective years. (optional) 2) Investment profile of the client (a) Investment experience regarding securities. (b) Indicative percentage of total investment portfolio proposed to be invested with the portfolio manager (optional). (c) Overall investment goals such as capital appreciation, capital appreciation regular income or regular income. (d) Risk tolerance i.e. low, medium or high. (e) Time period for which in ..... X X X X Extracts X X X X X X X X Extracts X X X X
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