The Web application ‘FundsVita’ (hereinafter referred
to as “Application”) is owned and operated by FundsVita Private Limited’ a company incorporated under the
Companies Act, 2013 with its registered office at 1/22, Second Floor, Asaf Ali Road,
New Delhi- 110002.

FundsVita Private Limited (“FundsVita”)
is in the business of distribution of financial products through its web and mobile
technology platform. FundsVita requests you to carefully go through these terms
& conditions (“Terms & Conditions”) to avail the access to
the distribution network of FundsVita through its web and mobile technology platform.
If you continue to browse and use this Application, you irrevocably and unconditionally are agreeing to comply with, abide by and be bound by all the
obligations as stipulated in the following terms and conditions of use, which
together with our privacy policy and any other applicable policies which are
incorporated herein by way of reference or available by hyperlink, shall govern
FundsVita’ relationship with you in relation to this application. These Terms
& Conditions supersede all previous oral and written terms and conditions
(if any) communicated to you and shall act as an Agreement between FundsVita
and Users.

THE USE OF THIS APPLICATION IS SUBJECT TO THE FOLLOWING
Terms & Conditions:

Definitions

“User”, “You/you”,
“Your/your” means any
person or user or Registered user or viewer or Registered Customer who views,
browses, accesses or uses our FundsVita;

“Use” or “Using” means to browse, access, view,
copy, availing Services or other benefit from using the Application;

“FundsVita” or “us” or “we” or “our” shall
mean and refer to FundsVita Private Limited and its affiliates,
officers, employees, agents, partners and licensors.

“AMC” shall mean and include Asset Management Company
listed on BSE.

“BSE” shall mean Bombay Stock Exchange.

“Services” means all the services as provided in Terms & Conditions from
time to time.

“Force Majeure Event” means any event due to any cause beyond the
reasonable control of FundsVita, including without limitations, unavailability
of any communication systems, breach, or virus in the processes or payment or
delivery mechanism, sabotage, fire, flood, explosion, acts of god, civil
commotion, strikes or industrial action of any kind, riots, insurrection, war,
acts of government, computer hacking, unauthorized access to computer data and
storage devices, computer crashes, malfunctioning in the computer terminal or
the systems getting affected by any malicious, destructive or corrupting code
or program, mechanical or technical errors/failures or power shut down, faults
or failures in telecommunication etc.

“Application” or “Mobile Application” means FundsVita,
the mobile Application accessed through or downloaded from the Play store
or App store i.e. Android or iOS.

“RTA” shall mean Registrar and Transfer Agent.

“Registered User” or “Registered Customer” shall
mean and include the users or customers who have Investment Account with FundsVita
to avail the Services or any part thereof, as provided on the Application.

“SIP” shall mean Systematic Investment Plans

“STP” shall mean Systematic Transfer Plans

“NAV” shall mean Net Asset Value

“Account” shall mean the account opened with FundsVita by the Registered Users,
for use of the Application or for making investments through the Application.

Application use:

User acknowledges that in accessing and using the
Services offered by FundsVita, user may utilize the content and Services
offered on the AssetPlus application. User agrees to follow the terms and
conditions for the use of the Application as may be specified by FundsVita from
time to time. Notwithstanding such acceptance of the FundsVita usage terms,
User acknowledges and agrees to the following, that:

Login Credentials should be kept safe and secure to
prevent unauthorized access to your FundsVita account. If you think that the
security of your FundsVita account has been compromised, change your password
and contact us immediately for further assistance, on the following e-mail:
support@fundsvita.com

– FundsVita (FundsVita Private Limited) is
an AMFI registered distributor and advisor of mutual funds (ARN – 259012) and
enables Users to purchase units of various mutual funds, details of which shall
be made available on the Application, from time to time.

The platform used by FundsVita for Mutual fund transaction and other features is through partnership with Valueplus Technologies Private Limited (AssetPlus) which is an AMFI registered distributor and advisor of mutual funds (ARN – 114376)

– The investment account of the user will be
activated after FundsVita completes the verification process on the personal information
provided at the time of enrollment and in accordance with the Know Your Client
(“KYC”) guidelines issued by the Securities and Exchange Board of
India (“SEBI”).

– User shall not to copy, reproduce, sell, redistribute,
publish, enter into a database, display, perform, modify, transmit, license,
create derivatives from, transfer or in any way exploit any part of any
information, content, materials, services available from or through the
Application, except that which user may download for personal, non‐commercial use.

– User will not use FundsVita’ applications for any
purpose that is unlawful, or prohibited by these Terms. User also agrees that
user will not use the Applications in any manner that could damage, disable
or impair the Application or interfere with any other person’s use of FundsVita’
applications.

– The software and hardware underlying the Applications
as well as other internet related software which are required for accessing the
Applications are the legal property of the respective vendors. The permission
given by FundsVita to access the application will not convey any
proprietary or ownership rights in the above software/ hardware. User agree
that user shall not attempt to modify, translate, disassemble, decompile or
reverse engineer the software/hardware underlying the Application or create any
derivative product based on the software / hardware.

– FundsVita is not responsible for the availability of
content or other services on third party sites linked from the FundsVita applications.
User agrees and is aware that access of hyperlinks to other internet sites are
at users own risk and the content, accuracy, opinions expressed, and other
links provided by these sites are not verified, monitored or endorsed by FundsVita
in any way. FundsVita does not make any warranties and expressly disclaims all
warranties express or implied, including without limitation, those of
merchantability and fitness for a particular purpose, title or non-infringement
with respect to any information or services or products that are available or
advertised or sold through these third party websites.

– FundsVita has the absolute discretion to amend or
supplement any of the FundsVita Application Terms at any time without prior
notice for such changes. Any such amendment shall be effective immediately. It
shall be Users responsibility to review these Terms and Conditions periodically
for any updates/changes. User agrees that the information and assistance
provided on the FundsVita Application are true to the knowledge of FundsVita
and should not be construed as investment advice, and that FundsVita shall have
no liability for any discrepancy in any such information or assistance.

– Mere use of the Application, shall be construed as your
intent to contract with us and shall constitute your binding obligations, with
us.

– User understand that it is users responsibility to
check the FundsVita Application’s Terms carefully before accessing or using or
transacting on our Application.

– As long as User complies with these Terms and
Conditions, we grant user a personal, non-exclusive, non-transferable, limited
privilege to enter and use the Application. User acknowledges and understands
that use of the Application shall be at your own risk and has the discretion of
not using the Application.

– FundsVita shall not be liable if any transaction does
not fructify or may not be completed or for any failure on part of the
Application to perform any of its obligations under these terms and conditions
or those applicable specifically to its services/facilities if performance is
prevented, hindered or delayed by a Force Majeure event and in such case its
obligations shall be suspended for so long as the Force Majeure event
continues.

– All information submitted by user to FundsVita (except
for the personal information which shall be by virtue of its nature, be deemed
to be proprietary information of the User) whether through the FundsVita
Applications or otherwise shall be deemed to be the property of FundsVita, and FundsVita
shall be free to use any ideas, concepts, know-how or techniques provided by
such users at the FundsVita application, in any manner whatsoever.

– Not all the products and services offered on
Application are available in all geographic areas and user may not be eligible
for all the products or services offered by FundsVita on the Application. FundsVita
reserves the right to determine the availability and eligibility for any
product or service.

AVAILING OF SERVICES

Service(s) shall be availed in accordance with the Terms
and Conditions mentioned herein. User agree that FundsVita and / or the mutual
fund may at its sole discretion vary the terms and conditions or withdraw any
of the facilities provided herein from time to time. Further information is
elaborated under “Termination of Service”

User hereby irrevocably and unconditionally grants no
objection to FundsVita and the respective mutual funds / RTAs to collate the
transaction details relating to the investments in mutual fund units done by
user on the online technology platform of FundsVita and provide such
transaction data to FundsVita for further processing of user transactions.

REGISTRATION OF THE USER

Access to FundsVita’ Services will be granted by FundsVita
only to Registered Customers of FundsVita, post the enrollment for the
Services. User agrees and acknowledges that the Services provided herein are
presently available in respect of select Mutual Funds only with whom FundsVita
has entered into a separate arrangement. User shall provide the required
details and the documents for the purpose of the registration and enrollment.
For the purpose of registering on the Application:

A valid phone number has to be provided and a password
has to be created.

For the purpose of enrollment and using the Services of FundsVita,
the User has to provide the following details:

Pan Card details and a copy of
the PAN card

Bank Account Details and a
cancelled cheque leaf

Address proof

Photograph

Signature

The above provided information/details shall be uploaded
by the User in soft copy form on the Application at the time of enrollment.
Once the information is received by FundsVita, the executive of FundsVita shall
co-ordinate with the User, for obtaining an attestation from the Registered
Users, if required. Upon completion of the attestation requirements, the
documents shall be provided to the concerned regulatory authority/mutual fund
company for the purpose of opening an account with FundsVita for the
transaction to be made by the Users.

During the registration process, the customer will be
prompted to sign on the mobile screen. FundsVita will capture the signature of
the customer and will utilize only for the purpose of completing the
registration formalities – namely, KYC form and BSE Account Opening Form. The
signature does not allow FundsVita to undertake any transactions other than
specified here.

Kindly Note: In the event, if any discrepancy is found, in any of the information
provided by the user, for example, information in any of the documents provided
does not match with the adjoining documents, such mismatch shall lead to the
rejection of the Documents. The privacy of the documents provided or any such
personally identifiable information provided to FundsVita, shall be maintained
in accordance to the privacy policy of the Application.

User agree that any and / or all information that may be
provided by you to FundsVita from time to time, including but not limited to
contact information, address and tax related information or any other
information required under existing or future KYC or other norms and laws, may
be shared by FundsVita with the regulatory authorities/mutual funds/BSE/AMCs or
their respective authorized service providers, auditors, legal and tax
consultants in compliance with the extant legal provisions from time to time.

There may be an exit load applicable to certain mutual
fund schemes which is mentioned in the respective offer documents including
Scheme Information Document (SID) /Key Information Memorandum (KIM) and
addendums issued thereto from time to time (collectively referred to as
“scheme related documents”). User shall read all the scheme related
documents before making any transaction on FundsVita.

Investments from persons from the country other than
India may not be permitted in certain mutual funds. FundsVita/ BSE/their
respective trustee companies shall not be liable for rejection of an
application by mutual funds, where the investor is a person from a country
other than India or such other prohibited investor as may be specified in the
respective scheme related documents from time to time.

Purchase requests made through FundsVita’ online
technology platform shall be processed by the respective mutual funds only
after funds sufficient to cover the purchase price and other costs and charges
have been received by the respective mutual funds. Payments towards the
purchase price and other costs and charges shall be made by the Registered
Customers through NEFT or the payment gateway or other electronic means made
available by FundsVita on the online technology platform. If for any reason the
mutual fund is unable to allow a transaction for purchase or redemption of the
full quantity of units such as transacted by a Registered Customer through the
online technology platform of FundsVita, the respective mutual fund shall be
entitled to process a lesser quantity of units being purchased or redeemed (as
the case may be) by such Registered Customer. In such a case, FundsVita shall
be not responsible for the non-execution of transactions for the entire
quantity or the remaining quantity of units.

Transaction rights for SIPs and STPs will be pursuant to
the Registered Customer executing the instructions, in the manner and form as
prescribed by FundsVita and / or mutual funds on the online technology platform
from time to time. The instructions will be applicable to all SIP, STP
transactions whether presently existing or to be opened in future. User agrees
that, upon granting such instructions for SIP, STP transactions, user will be
bound by the terms of the relevant SIP and STP scheme of the mutual fund to
which user subscribes.

User agrees and acknowledges that any transaction done or
purported to be done by user on a business day would be processed on the next
business day. The user will be allotted Mutual Fund units by the respective AMC
based on the NAV applicable of that business day. This will be applicable to
switch and redemption transactions also.

While FundsVita shall make every effort to ensure adherence
to the above timelines, FundsVita shall in no way be responsible or held liable
for any delay thereof, including for loss of interest and / or opportunity loss
and / or any loss arising due to movement in NAV or any other losses,
liabilities, damages, costs, charges, expenses which the investor(s) may
sustain, incur or suffer or be put to or become liable or incur directly or
indirectly by reason or as a consequence of any delay thereof.

User acknowledge that the units of the scheme shall be
allotted, redeemed or switched, as the case may be, by the respective mutual
funds at the applicable NAV of the concerned mutual fund scheme as provided by
mutual funds and consistent with the terms of the Scheme. However, FundsVita
shall not be liable for any loss that may arise to user as a result of
incorrect NAV applied on units allotted to user by the mutual fund.

User acknowledges that any
transactions done on a holiday would be processed on the next business day and
the NAV would be applicable as per the respective scheme related documents.

User acknowledges that
transactions once placed cannot be cancelled. However, user can withdraw money
by redeeming the mutual fund units. Upon such withdrawal, the settlement amount
towards the mutual fund or the units of Mutual fund shall be credited to the
registered account of the user within 3-4 bank working days.

User acknowledges that any
directions pertaining to all transactions including withdrawal, STP and switch
transactions provided by the User from its Registered User account shall be
deemed to be considered as the bona-fide order placed by the User.

User have read and understood
the contents of the Scheme related Document and the details of the scheme and
they have not received or been induced by any rebate or gifts, directly or
indirectly, in making investment. User hereby declare that the amount
invested/to be invested by their investment in the scheme(s) of Mutual Fund (s)
is derived through legitimate sources and is not held or designed for the
purpose of contravention of any act, rules, regulations or any statute or
legislation or any other applicable laws or any notifications, directions
issued by any governmental or statutory authority from time to time.

The AMFI Registration Number (“ARN”) holder
has disclosed to
user all the commissions (in the form of trail commission or any other mode),
payable to ARN holder for the different competing Schemes of various Mutual
Funds from amongst which the Scheme is being recommended to users.

LINK TO THIRD PARTY

FundsVita may provide you links to third party services
(“Third Party Services”). You agree to use the Services at your sole
risk and that we shall not have any liability to you for content that may be
found to be offensive, indecent, or objectionable. User understand that certain
Services may display, include or make available content, data, information,
applications or materials from third parties (“Third Party
Materials”) or provide links to certain third party websites. By using the
Third Party Services, you acknowledge and agree that FundsVita is not
responsible for examining or evaluating the content, accuracy, completeness,
timeliness, validity, copyright compliance, legality, decency, quality or any
other aspect of such Third Party Materials or websites. FUNDSVITA DOES NOT
WARRANT OR ENDORSE AND DOES NOT ASSUME AND WILL NOT HAVE ANY LIABILITY OR
RESPONSIBILITY TO YOU OR ANY OTHER PERSON FOR ANY THIRD PARTY SERVICES, THIRD
PARTY MATERIALS OR WEB SITES, OR FOR ANY OTHER MATERIALS, PRODUCTS, OR SERVICES
OF THIRD PARTIES.

NO OBEJECTION FROM THE USER(S)

User acknowledge and grants no objection to FundsVita to
do or place transaction requests for the User on the online technology platform
of FundsVita and at users own risk and cost, all or any of the following acts,
deeds matters and things:

To forward user transaction
data and requests to the respective mutual funds/BSE with respect to the
instructions and orders of sale, purchase, transfer, splitting and
consolidation of mutual funds units.

To transmit to the mutual fund
and/or the BSE, information relating to user nomination/changes in investment
plan/ any other changes made through the online platform.

To obtain and forward to the
BSE/AMC, its Authorized Registrar user’s information as available in the KYC
records, including user signature(s). User agrees that such records may be used
by the BSE/AMC/Authorised Registrar for authorizing the transactions that may
be submitted by user in physical/offline mode.

To contact user regarding
matters pertaining to the operation of user account including, but not limited
to, servicing of users requests, communication of special offers, new product
launches and product recommendations. This consent will override any
registration for Do Not Call (“DNC”) / National Do Not Call
(“NDNC”).

Holding pattern and Customer
details

User acknowledge and agree that the FundsVita holding
pattern of the Registered Customer, as reflected in the FundsVita system, is
deemed to be the FundsVita account holding pattern of the account holder/investor(s).

User also agrees there will be
no changes allowed in the holding pattern of the investors associated with the
Account once the Account is activated.

User agrees that once an
investment is made using the holding pattern, User will not be allowed to
change the holding pattern for the subscriptions.

The other requisite data (which is not part of the form)
required to be reported to BSE / authorized registrar of the AMC will be
extracted from FundsVita account details maintained for the First holder. The
mode of holding in all customer joint accounts is treated as “Anyone or
Survivor”.

Account Statement

User agree and acknowledges that it shall be the
obligation of the AMC and not of FundsVita to regularly send to the Registered
Customer such communications as required under the SEBI Regulations.

Fees and Charges

Currently, the Services offered by FundsVita are
free of transaction charges, processing fees or any hidden charges. FundsVita currently recommends regular 

mutual funds which means the revenue for FundsVita will be primarily through AMC brokerage routed via Assetplus.

The user acknowledges that when FundsVita recommends direct funds for user’s own transaction platform or any other third

part platform, in that it reserves the right to charge fees in for the services
offered by FundsVita. Any such changes will be communicated by FundsVita via
email 30 days ahead of implementation, and will be displayed on the FundsVita
Application. Under such circumstances, user has the option to transfer its assets
out of its Account without incurring any costs payable to FundsVita.

User agree and understand that any such charges/fees that
FundsVita may choose to levy will be in addition to those levied by the mutual
funds, if any. All fees, charges and reimbursement of expenditure shall be paid
or made in full by user without any counter claim, set off or withholding. All
liabilities and obligations of the Registered Customer(s) hereunder to FundsVita/mutual
fund/AMCs/trustees of the AMC shall be joint and/or several, as the case may
be.

LIABILITY OF FUNDSVITA

FundsVita shall not in absence of gross negligence on the
part of FundsVita, be liable to user for any act, omission or delay by the
mutual fund or for any claims which user may suffer or incur as a result of or
in course or discharge by FundsVita or its employees, officers, directors,
nominee or agent of FundsVita’ duties.

Without prejudice to the above, FundsVita shall not be
held liable for any loss or damage or failure to comply or delay in complying
with its obligations under these Terms and Conditions which is caused directly
or indirectly by any event or circumstances beyond FundsVita’ reasonable
control. These include system failure, network errors, delay or loss of data
due to the above and in circumstances of acts of God, floods, epidemics, quarantine,
riot, civil commotion and/or war. User further agree that FundsVita shall not
be held liable for any losses, damages, expenses, costs, liabilities and claims
of whatsoever nature caused by fraudulent or unauthorized use or access of user
information, and/or signatures. FundsVita will be under no duty to verify
compliance with any restrictions on users investment powers.

FundsVita will not be liable for any loss, damage, cost,
charges or expenses directly or indirectly caused by reasons of any defects or
imperfections or mechanical or other failure with relation to computer, cable,
telex, telephone or postal system.

While FundsVita will make every effort to have its
computer systems available at all times, FundsVita makes no guarantees with
respect to the availability of such systems. FundsVita will make every effort
to resolve availability issues such as network problems, virus attacks etc. in
an expeditious manner. Notwithstanding these, FundsVita will as such not be
liable for any loss, damage, cost, charges or expenses directly or indirectly
caused by reasons of lack of such availability.

FundsVita shall not be liable for any loss or damage
caused by reason of failures or delay of the mutual fund to deliver any units
purchased even though payments have been made for the same, or failure or delay
in making payment in respect of any units sold, though they may have been
delivered and user shall hold FundsVita harmless and free from any claim in
respect thereof. FundsVita shall also not be liable for any delay, failure or
refusal of the mutual fund in registering or transferring units to user names
or for any interest, dividend or other loss caused to user arising therefrom.

In instances of third party claims, FundsVita shall not
be liable for any failure/delay, wherein such claims/losses are arising due to
a reason entirely attributable to an error or gross negligence of the mutual
funds/BSE/AMC.

ONLINE PAYMENT – PAYMENT
GATEWAY TERMS

The funds transfer for purchase of units of mutual funds
will be done by using an Electronic Payment Gateway facility, ONLY internet
banking facility shall be offered for transaction on the Application, through a
third party net banking service provider registered with the Reserve Bank of
India. User cannot use or permit the use of the payment gateway or any related
services for any illegal or improper purposes.

Users shall utilize the Electronic Payment Gateway at
their own risk. These risks would include but not be limited to the following
risks and FundsVita disclaims all liability and responsibility for any claims,
losses, damages, costs of whatsosever nature arising due to such risks:

Misuse of Password: If any third party obtains access to user password of the Investments
Services Account, such third party would be able to transact on FundsVita’
online technology platform. User shall ensure that the terms and conditions
applicable to the use of the Net Banking password as contained in the
Electronic Payment Gateway for Net Banking are complied with at all times.

Internet Frauds: The Internet per se is susceptible to a number of frauds, misuse,
hacking and other actions, which could affect payment instructions given using
Electronic Payment Gateway or the transactions done using FundsVita’ online
technology platform. Whilst FundsVita shall aim to provide security to prevent
the same, there cannot be any guarantee against such Internet frauds, hacking
and other actions. User shall separately evolve/evaluate all risks arising out
of the same.

Mistakes and Errors: The filling in of applicable data for transfer would require proper,
accurate and complete details. In the event of user account receiving an
incorrect credit by reason of a mistake committed by any third party, the
concerned mutual fund/AMC or the bank shall be entitled to reverse the
incorrect credit at any time whatsoever without the consent of the User. User
shall be liable and responsible to accept any such instructions received from
the AMC, without questions for any unfair or unjust gain obtained by FundsVita
as a result of the same.

Technology Risks: FundsVita has partnered with ValuePlus technologies private limited (AssetPlus) for platform to enable traction of mutual funds. The technology for enabling the transfer of funds and the other
services offered by the Electronic Payment and FundsVita could be affected by
virus or other malicious, destructive or corrupting code, program or macro. FundsVita’
Application or the bank may require maintenance and during such time it may not
be possible to process the user request. This could result in delays in the
processing of transactions/payment instructions or failure in the processing of
transactions/payment instructions and other such failures and inability. User
understand that FundsVita disclaims all and any liability, whether direct or
indirect, whether arising out of loss of profit or otherwise arising out of any
failure or inability by bank/mutual funds/AMCs to process any transaction/payment
instructions for whatsoever reason. FundsVita shall not be responsible for any
of the aforesaid risks.

Limits: FundsVita may from time to time impose maximum and minimum limits on
funds that may be transferred by virtue of the payment transfer service given.
User realize and accept and agree that the same is to reduce the risks of the
user. User shall be bound by such limits imposed and shall strictly comply with
them.

Indemnity: User shall indemnify FundsVita from and against all losses and
damages that may be caused as a consequence of breach of any of the Electronic
Payment Gateway for net banking and the terms and conditions mentioned herein
above.

Authentication of the Transaction: User are authorized to make transaction only with and
from the bank account(s) registered on the Application. Banks has all the right
to cancel, reject and/or unauthorize the transaction made by the user, from any
other account, details of which is not registered or provided to FundsVita.
Such payment which is rejected by the banks shall be notified or intimated to
the user, in the morning of the next business day.

Transaction Verification: The transaction made by the user, whether approved
or rejected, using the FundsVita shall be subject to the following level of
verifications:

FundsVita: Transaction will be rejected in case the bank account though which
the payment is made, is not registered with FundsVita;

BSE: Transaction
made from the bank account which is different from the account details provided
by FundsVita to BSE.

AMC: Final,
rejection could be made by the AMC, upon receiving the transaction details.

Withdrawal of Facility: FundsVita shall be entitled to withdraw this service at any time
without assigning any reason whatsoever.

Binding nature of above terms and conditions: By use of this facility, user shall be deemed to
have agreed to all the above terms and conditions and such terms and conditions
shall bound the User in the same manner as if the user have agreed to the same
in writing.

FUNCTION OF FUNDSVITA

Any information contained in FundsVita brochures or other
materials or otherwise communicated by FundsVita shall not be construed as
investment advice and that all decisions to purchase or sell units made by user
shall be on the basis of personal judgment arrived at after due consideration. FundsVita
does not in any manner:

Guarantee payments on any units; or

Guarantee liquidity of any units; or

Make any offer to buy back any units; or

Guarantee the redemption or repayment of any units on
maturity; or

Guarantee the payments of interest or dividend; or

Promise, indicate or guarantee any returns; or

Guarantee any good delivery.

Subscribe to units of mutual funds on behalf or in name
of user or collects payments from user for the units so purchased by user for
remitting it further to the AMCs; or

Receive any account statement from mutual funds/AMCs, on
behalf of or in the users name pertaining to the units; or

Redeem /sell the units held by user or on its behalf or
in its name; or unilaterally instruct the mutual fund and/or the corresponding
AMCs with regards to nomination/changes in investments plan/any other changes;
or

Sign any document on behalf of or in the name of user for
purchase, sale or redemption of units; or

Collect, receive and / or give receipts and discharges
for any sum including dividend, interest or income arising from the units and
does not sign and/or endorse dividend and interest warrants on my/our behalf or
in my/our name; or

Correspond with or gives notice to the mutual fund/AMCs
on behalf of or in the name of user, except for transmission of transactions
done or purported to be done by user on the online technology platform.

FundsVita does not make any promises to the user basis
the graphical representation provided on the Application. The data collected
from the user to calculate the prospective investments amount and is in
relation to the past investment history of the user and shall not be construed
as an authoritative advice to the user. FundsVita does not offer any advice and
nothing herein or on the FundsVita Application shall be construed as investment
advice by user.

Any sum invested through FundsVita Investment Account is
not a deposit with FundsVita and is not bank insured. The same is not endorsed
or guaranteed and does not constitute obligations of FundsVita or any of the
subsidiaries associates or affiliates companies whose role in only as described
in these Terms and Conditions. Investments in mutual fund are subject to
investment risk, including the possible loss of principal amount invested. The
value of the units purchased or not purchased will fluctuate. If user redeems
the units/shares purchased, user may receive more or less than user has/had
paid depending upon NAV of the units in the fund or trust at the time of
redemption. Past results are not a guarantee to future performance. Past
performance may or may not be sustained in the future.

NOTICES/CORRESPONDENCE

Any notice or other correspondence addressed by FundsVita
to user may be addressed to the address provided by the users at the time of
enrollment. If according to user there is any discrepancy in the particular or
details of transaction or account of statement then, it shall be the
responsibility of the user to intimate the same to FundsVita and to the
concerned mutual fund/AMC/authorized registrar of the AMC in writing within 7
(seven) working days of receiving notice thereof, falling which such
transaction, statement or account (as the case may be) shall be deemed to be
correct and accepted by user and users shall not be entitled to question the
correctness or accuracy thereof.

USER INFORMATION

User shall provide any and all information that may be
required by FundsVita/AMC/authorized service providers of the AMC from time to
time in compliance with existing legal norms and regulations, including but not
limited to contact information, address and tax related information and any
information required under existing or future KYC norms and laws. User agrees
that FundsVita/AMC/authorized service providers of the AMC may take steps to
verify the veracity of such information provided and shall co-operate with FundsVita/AMC/authorized
service providers of AMC in providing all information requested by FundsVita.
User acknowledges that failure to provide such information in a timely manner
may result in ineligibility to avail of some or all of the services of FundsVita
and that FundsVita shall in no way be held liable for any losses of whatsoever
nature resulting from such failure to provide information on part of the user.
Any information provided by the User may be required to be shared with relevant
regulatory/statutory authorities and User authorizes FundsVita to provide all
information to such regulatory / statutory authorities as and when required.

The information shall be provided by the User and shall
be governed in accordance with details provided in the privacy
policy.

TERMINATION OF SERVICES

FundsVita may terminate the Services by giving 90 days
prior notice in writing to the Registered Customer provided that the Registered
Customer shall not be relived of obligations hereunder notwithstanding such
termination incurred prior to the date on which such termination shall become
effective.

REGULATORY CAUTION

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

GOVERNING LAW AND DISPUTE
RESOLUTION

All disputes and differences arising out of, under or in
connection with these terms and conditions or anything done hereunder shall be
within the exclusive jurisdiction only to the courts of Delhi. These terms
and conditions are subject to and shall be construed in accordance with the
laws prevalent in India.

In the event of dispute between the User and FundsVita on
accuracy of transaction details provided by the User on the FundsVita
Application, the transaction logs maintained by FundsVita back office will be
the only source of data to verify the accuracy of such transactions.

BROKERAGE

For all investments made using FundsVita, we charge the
brokerages to the Asset Management Companies. The recommendations are not made
on the basis of brokerage, and performance / fund details of all the mutual
funds from competing AMCs are also provided to the user for reference.