Beruflich Dokumente
Kultur Dokumente
Nifty BeES
The investment objective of the Scheme is to provide investment returns that, before
expenses, closely correspond to the total returns of the securities as represented by the
S&P CNX Nifty Index. However, the performance of Scheme may differ from that of the
underlying Index due to tracking error.
Junior BeES
The investment objective of the Scheme is to provide returns that, before expenses, closely
correspond to the returns of securities as represented by CNX Nifty Junior Index.
However, the performance of Scheme may differ from that of underlying Index due to
tracking error.
Bank BeES
The investment objective of the Scheme is to provide returns that, before expenses, closely
correspond to the total returns of the securities as represented by the CNX Bank Index.
However, the performance of Scheme may differ from that of the underlying Index due to
tracking error.
PSU Bank BeES
The investment objective of the Scheme is to provide returns that, before expenses, closely
correspond to the total returns of the securities as represented by the CNX PSU Bank
Index. However, the performance of Scheme may differ from that of the underlying Index
due to tracking error.
Shariah BeES
The investment objective of the Scheme is to provide returns that, before expenses, closely
correspond to the total returns of the securities as represented by the S&P CNX Nifty
1
Shariah Index by investing in securities which are constituents of S&P CNX Nifty Shariah
Index in the same proportion as in the Index. However, the performance of the Scheme
may differ from that of the underlying Index due to tracking error.
Asset Allocation
Pattern of the
Schemes
Nifty BeES
Types of Instruments
Normal Allocation
(% of Net Assets)
Upto 100%
Upto 10%
Normal Allocation
(% of Net Assets)
90% - 100%
0% - 10%
Normal Allocation
(% of Net Assets)
90% - 100%
0% - 10%
Normal Allocation
(% of Net Assets)
90% - 100%
0% - 10%
Normal Allocation
(% of Net Assets)
90% - 100%
0% - 10%
Mutual Fund units involve investment risks including the possible loss of principal. Please
read the SID carefully for details on risk factors before investment.
2
Plans
and
Options
Applicable NAV
for subscriptions
/ redemptions
Minimum
Application
Amount/
Number of Units
The Schemes are subjected to market risk, market trading risk, redemption risk, asset class
risk, passive investments risk, tracking error risk and risk relating to index fund as detailed
in the SID.
Nil
The Fund creates/redeems units of the Schemes in creation (minimum) unit size by
exchange of underlying securities (Portfolio Deposit) and Cash Component. The Fund
declares the Portfolio Deposit and Cash Component separately for each Scheme on its
website www.benchmarkfunds.com daily morning and the same would be applicable for
creating and redeeming units for that working day.
A.
B.
On the Exchange
The units of the Schemes are listed on the Capital Market Segment of the National Stock
Exchange of India Ltd. (NSE). On NSE, the units of Schemes can be purchased/sold in
minimum lot of 1 unit and in multiples thereof.
Despatch of
Repurchase
(Redemption)
Request
Benchmark
Index
Within 10 working days of the receipt of redemption request at the official point of acceptance
of Benchmark Mutual Fund for the respective Schemes.
Dividend Policy
Name of the
Fund Manager
Mr. Vishal Jain - Nifty BeES, Bank BeES and Shariah BeES
Ms. Payal Kaipunjal - Junior BeES and PSU Bank BeES
Returns since inception are calculated from the date of allotment. Past performance may or
may not be sustained in future and should not be used as a basis for comparison with other
investments.
(b) Absolute Returns
Absolute Returns for last 5 Financial Years
70.00%
66.39%
64.56%
Nifty BeES
60.00%
50.00%
40.00%
30.30%
30.60%
30.00%
Returns
20.00%
13.53%
11.87%
11.94%
10.00%
10.03%
0.00%
2004-05
2005-06
2006-07
2007-08
2008-09
-10.00%
-20.00%
-30.00%
-35.19%
-36.26%
-40.00%
-50.00%
Financial Year
2. Junior BeES
(a) Compounded Annualized Returns
Period
Scheme Returns (%) Benchmark Returns (%)
Returns for the last 1 year
(45.25)
(45.63)
Returns for the last 3 years
(11.97)
(12.21)
Returns for the last 5 years
5.50
5.03
Returns since inception
20.84
20.33
Returns since inception are calculated from the date of allotment. Past performance may or
may not be sustained in future and should not be used as a basis for comparison with other
investments.
(b) Absolute Returns
Absolute Returns for last 5 Financial Years
50.00%
48.05%
Junior BeES
47.65%
40.00%
30.00%
24.42%
23.02%
20.61%
21.17%
20.00%
Returns
10.00%
5.73%
5.10%
0.00%
2004-05
2005-06
2006-07
2007-08
2008-09
-10.00%
-20.00%
-30.00%
-40.00%
-44.68%
-50.00%
-45.07%
Financial Year
3. Bank BeES
a) Compounded Annualized Returns
Period
Scheme Returns (%) Benchmark Returns (%)
Returns for the last 1 year
(36.90)
(37.89)
Returns for the last 3 years
(2.63)
(3.93)
Returns since inception
12.41
10.66
Returns since inception are calculated from the date of allotment. As the Scheme has not
completed 5 years, the returns of the Scheme for 5 years is not provided. Past performance
may or may not be sustained in future and should not be used as a basis for comparison
with other investments.
Bank BeES
39.81%
40.00%
34.61%
29.78%
34.18%
29.16%
30.00%
20.00%
13.87%
12.37%
R
eturns
10.00%
0.00%
2004-05
2005-06
2006-07
2007-08
2008-09
-10.00%
-20.00%
-30.00%
-40.00%
-36.39%
-37.45%
-50.00%
Financial Year
Returns for Financial Year 2004-05 are from 27-May-2004 to 31-Mar-2005 and are absolute
5.00%
0.00%
2007-08
2008-09
R
etu
rns
-5.00%
-10.00%
-15.00%
-20.00%
-19.54%
-19.42%
-25.00%
-30.00%
-29.40%
-30.75%
-35.00%
Financial Year
Returns for Financial Year 2007-08 are from 31-Oct-2007 to 31-Mar-2008 and are absolute
5. Shariah BeES
This Scheme is a new Scheme and does not have any performance track record.
Expenses of the
Scheme
(i) Load
Structure
(ii) Recurring
expenses
Shariah
BeES
1.50%
3.
Bank BeES
0.50%
4.
PSU Bank BeES
0.75%
5.
Shariah BeES*
Nil
*The Scheme was launched on March 18, 2009 and no expenses have been charged for
the period ended March 31, 2009.
Waiver of Load
for Direct
Applications
As per SEBI Regulations, no entry load shall be charged for existing/prospective investors
of the Schemes in case of direct applications which are received by the AMC i.e.
applications received through internet, submitted to AMC or collection centre/Investor
Service Centre that are not routed through any agent/distributor/broker. Further no entry
load would be charged for any additional purchases done directly by the investor under the
same folio.
If applications are not routed through agent/distributor/broker, investor should write the
word DIRECT in the field provided for mentioning the code of the agent/distributor/
broker. If the field provided for mentioning the code of the agent/distributor/broker is left
blank, the application shall be processed as DIRECT application.
Tax Treatment
for the
Unitholders
Daily Net Asset
Value (NAV)
Publication
For Investor
Grievances
please contact
Unit holders
Information
In cases, where the application form/transaction slip already contains the agent/distributor/
broker code, investors can accordingly delete the code mentioned in the application
form/transaction slip and shall countersign the same to enable their application to be
treated as DIRECT.
Investors are advised to refer to the details in the Statement of Additional Information
(SAI) and also independently refer to their own tax advisor.
NAV will be declared on all business days and will be published in 2 newspapers. NAV
can also be viewed on our website www.benchmarkfunds.com and www.amfiindia.com.
Investors can also telephone us at 91-22-6651 2727 or Toll Free on 1800-22-5079.
Benchmark Mutual Fund
Karvy Computershare Pvt. Ltd.
405, Raheja Chambers
Karvy Plaza
Free Press Journal Marg
H. No. 8-2-596, Avenue 4
213, Nariman Point
Street No. 1, Banjara Hills
Mumbai - 400 021
Hyderabad - 500 034
Tel: (91 22) 6651 2727 Fax: (91 22) 2200 3412
Tel: 040-2331 2454 (Extn: 247)
E-Mail: webmaster@benchmarkfunds.com
Fax: 040-2342 0886
E-mail: customercare@karvy.com
Toll Free No.: 1800-22-5079
Account Statement
An account statement stating the number of units will be mailed within 10 business days
from date of receipt of the application.
Annual Financial Report
Scheme wise Annual Report or an abridged summary thereof shall be mailed to all the
Unit holders within four months from the date of closure of the relevant accounting year
i.e. 31st March each year. The annual report will be available for inspection at the Head
Office of the Fund and a copy shall be made available on specific request on payment of a
nominal fee, if any. The annual report of the Schemes shall also be placed on our website
www.benchmarkfunds.com.
Application No.
Cash
Basket
Redemption:
Cash
Basket
Select scheme
(please tick () in
the appropriate box)
Y)
PAN No.
Guardian (if Sole/1st Applicant is Minor) or Contact Person (in case of Institutional Investors)
Mr./Mrs./Ms./M/s.
PAN No.
State
Pin Code
Communications
Office Tel.
Residence Tel.
Mobile
Fax
Joint
Single
Anyone or Survivor
As per Resolution
Professional
Business
Housewife
Retired
Student
Partnership Firm
Society
Bank
Cash
Redemption:
Basket
Cash
Basket
6. OTHER DETAILS
Gross Annual Income Details Please tick ()
Upto Rs. 5,00,000 Rs. 5,00,001 to Rs. 25,00,000 Rs. 25,00,001 to Rs. 1,00,00,000 Rs. 1,00,00,001 to Rs. 5,00,00,000 Rs. 5,00,00,001 and above.
(Please note that as per SEBI Regulations it is mandatory for investors to provide their bank account details)
Branch
Account No.
Bank City
State
Account Type (Please tick()) Savings Current NRE NRO FCNR Others (please specify)________________
8. DEMAT ACCOUNT DETAILS
NSDL
DP ID
CDSL
I N
Beneficiary Account No
(If the name of the applicant in this application is not identical with the Beneficiary Account details with the above mentioned DP, the application will be
treated as incomplete and is liable to be rejected.)
9. INVESTMENT DETAILS
No. of units
in words) _____________________________________________________________________
(Please include the number of units you wish to subscribe for. Please refer to Instruction No. 5)
In case of Basket Subscription, kindly fill the following details.
Cash Component per creation Unit (Rs.)
(in words)_________________________________________________
(in words)_________________________________________________
Cheque/DD Date
Drawn on
Bank
Branch
(Please use separate forms if redemption request is made for redeeming units for more than one Scheme at a time)
12. DECLARATIONS & SIGNATURE/S
If yes,
Repatriation basis
Non-repatriation basis
First/Sole
Applicant/
Guardian
SIGNATURE/S
I/We have read and understood the contents of the Scheme Information Document of the Scheme. I/We hereby apply to the Trustee
of Benchmark Mutual Fund for the allotment of Units of the Scheme, as indicated in this form and agree to abide by the terms,
conditions, rules and regulations of the Scheme.
I/We have not received or been induced by any rebate or gifts, directly or indirectly in making this investment.
I/We hereby declare that, I/we am/ are authorised to make this investment and that the amount invested in the Scheme is derived
out of legitimate sources only and is not involved and is not designed for the purpose of any contravation or evasion of any acts,
rules, regulations, notifications or directions issued by any regulatory authority in Inda. I/We declare that the information given in
this application form is correct, complete and truly stated.
Applicable to NRIs only:
I/We confirm that I am/we are Non-Resident of Indian Nationality/Origin and I/we hereby confirm that the funds for subscription
have been remitted from abroad through approved banking channels or from funds in my/our Non-Resident External/Ordinary
Account/FCNR Account.
I/We hereby undertake to pay the required money towards subscription of the units of the Scheme made through this application
form within one day of making such application or within such time as instructed by Benchmark Mutual Fund
Please ( )
Yes No
Second
Applicant
Third
Applicant
Date
INSTRUCTIONS
1. General
The Application form should be completed in ENGLISH in
BLOCK LETTERS only. Please tick ( ) in the appropriate box
( ) where boxes have been provided. Please refer to the Scheme
Information Document and Key Information Memorandum
carefully before filling the Application Form. All applicants are
deemed to have accepted the terms subject to which this offer is
being made and bind themselves to the terms upon signing the
Application Form and tendering the payment.
Nifty BeES
10,000 units
Junior BeES
16,000 units
Bank BeES
10,000 units
10,000 units
Shariah BeES
10,000 units
6. Payment Details
Basket Subscription
For Cash component all cheques, bank drafts and pay orders
should be drawn in favour of "Benchmark Mutual Fund
Scheme Name Cash Component A/C" and marked "Account
b Cash Subscription
Non-Repatriation Basis
Portfolio Deposit
The "Portfolio Deposit" will only be accepted in electronic
form
(demat
mode)
and
the
stocks
will
have to be credited to the custodian account of Benchmark
Mutual Fund. The details of the "Portfolio Deposit" to be
submitted is available at http://www.benchmarkfunds.com.
The demat account details of Benchmark Mutual Fund are as
follows :
Scheme
Nifty BeES
Junior BeES
Bank BeES
DP Name
Citi Bank NA
Citi Bank NA
Citi Bank NA
DP ID
IN300054
IN300054
IN300054
IN300054
IN300054
Client ID
10012749
10012782
10012757
10023049
10031123
b. Basket Redemption
Investor may take delivery of underlying equity shares against
units redeemed. On redeeming the units the underlying shares
and the cash component will only be credited to the respective
depository and the bank account mentioned in the redemption
form. These equity shares will not be given in the physical
format and nor will be transferred in any other entities
depository account. Please note that the underlying shares will
be transferred only to the depository account from which the
units have been extinguished / repurchased.
Shariah BeES
11. Cancellation
Please note that application once submitted cannot be cancelled
under any circumstances. Once an application for subscription is
submitted, the applicant will have to submit a redemption request
for redeeming the units.
7. Allotment of Units
Units will be allotted to the applicants in multiples of the creation
unit. The allotment advice, including refunds, if any, will be mailed
to the investor within 5 working days of the application money
being credited to the account.
(ii) Authorised officials should sign the form under their official
designation and company seal. If you are investing through
your constituted attorney, please ensure that the POA document
is signed by you and your constituted Attorney. The signature
in the Application form, then, needs to clearly indicate that the
signature is on your behalf by the Constituted Attorney.
9. Applications By NRIs/FIIs
Repatriation Basis
Completely filled application form along with the pay order may
be submitted at Benchmark Asset Management Company Pvt. Ltd.,
405, Raheja Chambers, Free Press Journal Marg, 213, Nariman
Point, Mumbai - 400 021 Tel. No. 022 6651 2727, Fax No. 022
2200 3412, on any business day.