Tata Multi Sector Passive FoF

SCHEME INFORMATION DOCUMENT (SID) SECTION I Tata Multi Sector Passive FOF (CSO 01) ( An open ended fund of fund scheme investing in units of passive equity mutual fund schemes in multiple sectors) (Scheme Code: Will be shared at the time of final filing) This product is suitable for investors who are seeking*: Scheme Risk-O-Meter (CSO 03) Benchmark (Nifty 500 Index) Risk-O-Meter • Long Term Capital Appreciation • Investment in fund of fund scheme investing in units of passive equity mutual fund schemes in multiple sectors *Investors should consult their financial advisors if in doubt about whether the product is suitable for them. (The above product labelling assigned during NFO is based on internal assessment of the scheme characteristics and the same may vary post NFO when the actual investments are made. The same shall be updated as per provision no. 17.4.1.i of SEBI Master Circular on Mutual Fund dated June 27, 2024, on Product labelling in mutual fund schemes on ongoing basis.) Offer of Units at Rs. 10/- each for cash during the New Fund Offer & Continuous offer for units at NAV based prices, subject to applicable load. NEW FUND OFFER OPENS ON: ____________ NEW FUND OFFER CLOSES ON : ____________ SCHEME RE-OPENS FOR CONTINUOUS SALE & REPURCHASE ON : ____________ Mutual Fund Trustee AMC Tata Mutual Fund Tata Trustee Co. Pvt Ltd. Tata Asset Management Pvt Ltd. 1903, B Wing, Parinee Crescenzo, G Block 1903, B Wing, Parinee Crescenzo, G Block 1903, B Wing, Parinee Crescenzo, G Block BKC, Bandra East, Mumbai 400 051 BKC, Bandra East, Mumbai 400 051 BKC, Bandra East, Mumbai 400 051 Tel. (022) 66578282, Fax: (022) 22613782 E- Tel. (022) 66578282, Fax: (022) 22613782 E- Tel. (022) 66578282, Fax: (022) 22613782 E- mail: service@tatamutualfund.com Website: mail: service@tatamutualfund.com Website: mail: service@tatamutualfund.com Website: www.tatamutualfund.com www.tatamutualfund.com www.tatamutualfund.com The particulars of the Scheme have been prepared in accordance with the Securities and Exchange Board of India (Mutual Funds) Regulations 1996, (herein after referred to as SEBI (MF) Regulations) as amended till date, and filed with SEBI, along with a Due Diligence Certificate from the AMC. The units being offered for public subscription have not been approved or recommended by SEBI nor has SEBI certified the accuracy or adequacy of the Scheme Information Document. The Scheme Information Document sets forth concisely the information about the scheme that a prospective investor ought to know before investing. Before investing, investors should also ascertain any further changes to this Scheme Information Document after the date of this Document from the Mutual Fund / Investor Service Centres / Website / Distributors or Brokers. The investors are advised to refer to the Statement of Additional Information (SAI) for details of Tata Mutual Fund, Standard Risk Factors, Special Considerations, Tax and Legal issues and general information on www.tatamutualfund.com. SAI is incorporated by reference (is legally a part of the Scheme Information Document (SID)). For a free copy of the current SAI, please contact your nearest Investor Service Centre or log on to our website. The Scheme Information Document (SID) (Section I and II) should be read in conjunction with the SAI and not in isolation. This Scheme Information Document is dated _____.SID - Tata Multi Sector Passive FoF Sr. No. Table of Contents Page No. SECTION I PART I HIGHLIGHTS / SUMMARY OF THE SCHEME 03 DUE DILIGENCE BY THE ASSET MANAGEMENT COMPANY 09 PART II INFORMATION ABOUT THE SCHEME A. How will the scheme allocate its assets ? 10 B. Where will the scheme invest ? 11 C. What are the investment strategies ? 11 D. How will the scheme benchmark its performance ? 14 E. Who manages the scheme ? 14 F. How is the scheme different from existing schemes of the mutual fund ? 14 G. How has the scheme performed ? 16 H. Additional Scheme related disclosures 16 PART III OTHER DETAILS A. Computation of NAV 17 B. New Fund Offer (NFO) Expenses 18 C. Annual Scheme recurring expenses 18 D. Load Structure 20 SECTION II PART I INTRODUCTION A. Definitions / Interpretation 21 B. Risk factors 21 C. Risk mitigation strategies 25 PART II INFORMATION ABOUT THE SCHEME A. Where will the scheme invest 26 B. What are the investment restrictions? 27 C. Fundamental Attributes 29 D. Index methodology 30 E. Principles of incentive structure for market makers 33 F. Floors and ceiling within a range of 5% of the intended allocation against each sub class of asset 33 G. Other Scheme Specific Disclosures 33 PART III OTHER DETAILS A. In case of Fund of Funds Scheme, Details of Benchmark, Investment Objective, Investment Strategy, TER, AUM, Year wise performance, Top 10 Holding / link to Top 10 holding of the underlying 55 fund should be provided B. Periodic Disclosures such as Half yearly disclosures, half yearly results, annual report, etc. 55 C. Transparency / NAV Disclosure 55 D. Transaction charges and stamp duty 56 E. Associate Transactions 57 F. Taxation 57 G. Rights of Unitholders 59 H. List of official points of acceptance 59 I. Penalties, Pending Litigation or Proceedings, Findings of inspections or investigations for which 59 action may have been taken or is in the process of being taken by any regulatory authority Page 2 of 52SID - Tata Multi Sector Passive FoF PART I. HIGHLIGHTS / SUMMARY OF THE SCHEME Sr. No. Title Description I. Name of the Scheme Tata Multi Sector Passive FOF II. Category of the Scheme Equity Oriented FOF (Domestic) – Sectorial FOF. III. Scheme type An open ended fund of fund scheme investing in units of passive equity mutual fund schemes in multiple sectors. IV. Scheme Code (Will be shared at the time of final filing) (CSO 07) V. Investment Objective To generate long term capital appreciation from a portfolio created by actively investing in units of Passive Equity mutual fund schemes in multiple sectors. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns. (CSO 05) VI. Liquidity / Listing details The scheme is an open-ended scheme. The scheme is open for resale and repurchase of units at NAV based price, with applicable loads, if any on every business day on an ongoing basis. Under normal circumstances the AMC shall dispatch redemption proceeds within three working days from the date of redemption or repurchase, subject to exceptional circumstances as mentioned in this document. Currently the scheme is not listed. However, the Mutual Fund may at its sole discretion additionally list the Units of the Scheme on more than one stock exchanges at a later date. VII. Benchmark Nifty 500 Index (TRI) (Total Return Index) Benchmark Selection Rationale: The composition of the benchmark is such that it is most suited for comparing performance of the Scheme. The scheme seeks to actively allocate across passive domestic Equity Index Funds / Equity Exchange Traded Funds spanning sectors and market capitalizations. Since, the Nifty 500 represents majority of India’s listed market capitalization and provides broad exposure across sectors and large, mid, and small caps, it is the most suitable benchmark. The Trustees reserves the right to change the benchmark in future, if a benchmark better suited to the investment objective of the Scheme is available subject to SEBI (Mutual Fund) Regulations & Circulars issued from time to time. VIII. NAV Disclosure The AMC will calculate and disclose the first NAV within a period of 5 Business Days from the date of allotment of Units of the Scheme. Thereafter, the NAVs will be calculated and disclosed on every Business Day. The AMC shall prominently disclose the NAVs under a separate head on the website of the Fund (www.tatamutualfund.com) and of the Association of Mutual Funds in India- AMFI (www.amfiindia.com) before 10:00 A.M. on the next Business Day^. However, due to the inability in capturing same day valuation of underlying investments, the NAV shall be disclosed by 11 P.M. of the next business day^. ^ If the NAVs are not available before the commencement of Business Hours on the following day (i.e., next day after the respective business day) due to any reason, the Mutual Fund shall issue a press release giving reasons for the delay and explain by when the Mutual Fund would be able to publish the NAV. Due to difference in the expense ratio, the NAV of each option of Direct Plan will be different from the NAV of each option of Regular Plan. Similarly, due to the payout option, the NAV of Income Distribution Option will be different from the NAV of Growth option. IX. Applicable timelines Timeline for: • Dispatch of redemption proceeds: The redemption proceeds will be dispatched to the unit holders within three working days from the date of redemption or repurchase, subject to exceptional circumstances as mentioned further in this document. • Dispatch of Income Distribution Cum Capital Withdrawal (IDCW): The payment of dividend to the unitholders shall be made within seven working days from the record date, subject to exceptional circumstances as mentioned further in this document. X. Plan and Options The Scheme has the following Plans across a common portfolio: Plans / Options and sub Regular Plan: This Plan is for investors who wish to route their investment through any distributor. options under the Direct Plan: This Plan is only for investors who purchase /subscribe units in a scheme directly with the Scheme Fund and is not available for investors who route their investments through a Distributor. Both the Plans under the Scheme offer Growth & Income Distribution cum capital withdrawal Option. Income Distribution cum capital withdrawal option under each Plan further offers of choice of Payout of Income Distribution cum capital withdrawal Option, Reinvestment of Income Distribution cum capital withdrawal Option. Compulsory Reinvestment of Income distribution cum Capital Withdrawal: Page 3 of 52SID - Tata Multi Sector Passive FoF To reduce the expenses of the scheme and for the convenience of the investors the income distribution cum capital withdrawal shall be compulsorily reinvested (for investors of non-electronic mode) within the scheme at the applicable ex-dividend NAV if the payout amount is lower than or equal to Rs. 100/- in the same option of the respective plans of the scheme at the ex- dividend rate. Investor shall note that when units are sold, and sale price (NAV) is higher than face value of the unit, a portion of sale price that represents realized gains shall be credited to an Equalization Reserve Account and which can be used to pay income distribution cum capital withdrawal. Hence payout amounts can be distributed out of investors capital (Equalization Reserve), which is part of sale price that represents realized gains. Please note that the income distribution cum capital withdrawal shall be distributed at the discretion of the Trustees subject to availability of distributable surplus. Investors subscribing under Direct Plan of the Scheme will have to indicate “Direct Plan” against the scheme name in the application form. Default Plan: Investors are requested to note the following scenarios for the applicability of “Direct Plan (application not routed through distributor) or Regular Plan (application routed through distributor)” for valid applications received under the scheme. Broker Code mentioned Plan mentioned by the Default Plan to be Scenario by the investor investor captured 1 Not mentioned Not mentioned Direct Plan 2 Not mentioned Direct Plan Direct Plan 3 Not mentioned Regular Plan Direct Plan 4 Mentioned Direct Plan Direct Plan 5 Direct Plan Not Mentioned Direct Plan 6 Direct Plan Regular Plan Direct Plan 7 Mentioned Regular Plan Regular Plan 8 Mentioned Not Mentioned Regular Plan Default Option: Investor should appropriately tick the ‘option’ (Growth or Income distribution cum capital withdrawal) in the application form while investing in the Scheme. If no option is mentioned / indicated in the application form by the investor then the units will, by default, be allotted under the Direct Plan - Growth Option. Default Sub – Option: If no sub-option for Income distribution cum capital withdrawal option is mentioned / indicated in the application form by the investor then the units will, by default, be allotted under the Reinvestment of Income Distribution cum capital withdrawal option. In cases of wrong/ invalid/ incomplete ARN codes mentioned on the application form, the application shall be processed under Regular Plan. The AMC shall contact and obtain the correct ARN code within 30 calendar days of the receipt of the application form from the investor/ distributor. In case the correct code is not received within 30 calendar days, the AMC shall reprocess the transaction under Direct Plan from the date of application without any exit load. Treatment of Business Received Through Suspended Distributors: The financial transactions of an investor where his distributor’s AMFI Registration Number (ARN) has been suspended temporarily or terminated permanently by Association of Mutual Funds in India (AMFI) shall be processed as follows: 1. All purchase and switch transactions including SIP/STP registered prior to the date of suspension and fresh SIP/STP registrations received under the ARN code of a suspended distributor during the period of suspension, shall be processed under ’Direct Plan’ and shall be continued under Direct Plan perpetually except in case where TAMPL receives any written request/ instructions from the unitholder/s to shift back to Regular Plan under the ARN of the distributor post the revocation of suspension of ARN. Page 4 of 52SID - Tata Multi Sector Passive FoF 2. All Purchase and Switch Transactions including SIP/STP transactions received through the stock exchange platform through a distributor whose ARN is suspended shall be rejected. XI. Load Entry Load: Not Applicable (Pursuant to provision no. 10.4.1.a of SEBI Master Circular on Mutual Fund dated June 27, 2024, no entry load will be charged by the Scheme to the investor) Exit Load: 1. On or before 30 days from the date of allotment: 0.50% 2. After 30 days from the date of allotment: NIL Goods & Service Tax on exit load, if any, will be paid out of the exit load proceeds and exit load net of Goods & Service Tax, if any, will be credited to the scheme. Pursuant to AMFI’s communication dated 09th April 2025, Exit Load will not be charged on any Switch/Systematic transfer transaction from Regular plan to Direct plan of the same scheme. XII. Minimum Application Minimum subscription amount amount / Switch In Rs 5,000/- and in multiple of Re.1/- thereafter. There is no minimum amount requirement, in case of investors opting to switch “all units” from any existing schemes of Tata Mutual Fund to this Scheme. XIII. Minimum Additional Minimum Additional Purchase Amount Purchase Amount Rs.1,000/- and in multiples of Re.1/- thereafter. There is no minimum amount requirement, in case of investors opting to switch “all units” from any existing schemes of Tata Mutual Fund to this Scheme. XIV. Minimum Redemption / Minimum Redemption Amount switch out amount Rs. 500 or 50 units or folio balance whichever is lower. NFO opens on: XV. New Fund Offer (NFO) Period: NFO closes on: MICR(CTS) cheques will be accepted till the end of business hours up to __________, RTGS & Transfer This is the period during Cheques will be accepted till the end of business hours up to _________. Investors may note that Switch- which a new scheme Ins from Fund of Fund Schemes will be accepted till _______, switch outs from Tata Liquid Fund & Tata sells its units to the Overnight Fund will be accepted till _______ & from all other schemes till _______ (provision no. 8.4.7.3 investors. of SEBI Master Circular on Mutual Fund dated June 27, 2024). Further, lumpsum purchases in existing folios through pre-registered OTMs will be accepted till _______ end of business hours. Any such extension or reduction will be made by issuing notice cum addendum and by following any other procedure as may be prescribed under SEBI (Mutual Fund) Regulations 1996, circulars, guideline, and any other directive issued by SEBI from time to time. (CSO 34) The AMC reserves the right to extend the closing date, subject to the condition that the NFO subscription list shall not be kept open for more than 15 days. XVI. New Fund Offer price: The units being offered will have a face value of Rs. 10 /- per unit. This is the price per unit that the investors have to pay to invest during the NFO. XVII Segregated portfolio / The scheme has enabling provision to create segregated portfolio. side pocketing As the scheme is new, it does not have any portfolio holdings and hence the question of holding any disclosure segregated portfolio does not arise. In case of credit event at issuer level and to deal with liquidity risk, the scheme may create segregated portfolio of debt and money market instruments in compliance with the provision no. 4.4 of SEBI Master Circular on Mutual Fund dated June 27, 2024 Creation of segregated portfolio shall be subject to guidelines specified by SEBI from time to time and includes the following: (CSO 53) 1) Segregated portfolio may be created, in case of a credit event at issuer level i.e., downgrade in credit rating by a SEBI registered Credit Rating Agency (CRA), as under: a) Downgrade of a debt or money market instrument to ‘below investment grade,’ or b) Subsequent downgrades of the said instruments from ‘below investment grade,’ or c) Similar such downgrades of a loan rating Page 5 of 52SID - Tata Multi Sector Passive FoF 2) Creation of segregated portfolio is optional and is at the discretion of the AMC. 3) In case of unrated debt and money market instruments by the scheme of an issuer that does not have any outstanding rated debt or money market instruments, segregated portfolio may be created only in case of actual default of either the interest or principal amount. In case of default of unrated debt or money market instruments of an issuer, TAMPL(AMC) will inform AMFI immediately about the actual default by the issuer. Pursuant to dissemination of information by AMFI about actual default, AMC may segregate the portfolio of debt and money market instruments. 4) In case debt schemes which have investment in debt investments having specific features is to be written off or converted to equity pursuant to any approval, the date of said proposal may be treated as trigger date. However, in case the instruments are written off or converted to equity without proposal, the date of write off or conversion of debt instrument to equity may be treated as trigger date. Process for Creation of Segregated Portfolio 1) On the date of credit event, TAMPL(AMC) shall decide on creation of segregated portfolio. Once AMC decides to segregate portfolio, it should: a) seek approval of trustees prior to creation of the segregated portfolio. b) immediately issue a press release disclosing its intention to segregate such debt and money market instrument and its impact on the investors. The mutual fund should also disclose that the segregation shall be subject to trustee approval. Additionally, the said press release shall be prominently disclosed on the website of the AMC. c) ensure that till the time the trustee approval is received, which in no case shall exceed 1 business day from the day of credit event, the subscription and redemption in the scheme shall be suspended for processing with respect to creation of units and payment on redemptions. TER for the Segregated Portfolio AMC shall not charge investment and advisory fees on the segregated portfolio. However, TER (excluding the investment and advisory fees) can be charged, on a pro-rata basis only upon recovery of the investments in segregated portfolio. For details, kindly refer SAI. XVIII. Swing pricing Not Applicable, as the scheme is not an open-ended debt mutual fund scheme. disclosure XIX. Stock lending / Short The scheme will not participate in stock lending and will not engage in short selling. For Details, kindly selling (SO 06) refer SAI XX. How to Apply & other Investors may apply through cheques / demand drafts / electronic mode, etc. as a mode of payment. details (CSO 35) Investors may also apply through the Additional mode of payment through Applications Supported Blocked Amount (ASBA) facility. The applications for redemption and switch out can be submitted at the Official Point of Acceptance. Please refer to the back cover page for details. Details in Section II of this SID. XXI. Investor services Contact details for general service requests: Telephone: (022) 6282 7777, Email: service@tataamc.com, WhatsApp: 70457 48282, SMS: TMF to 57575 Contact details for complaint resolution: The AMC has designated an Investor Relations Officer, Ms. Kashmira Kalwachwala, who looks into investor grievances regarding deficiencies, if any, in the services provided by the Registrars or the Investor Service Centres. Investor can reach out to the above-mentioned Investor Relation Officer at: Tata Asset Management Pvt Ltd. (Investment Manager for Tata Mutual Fund) 1903 B Wing Parinee Crescenzo G Block BKC Bandra East, Mumbai – 400 051. Call: (022) 6282 7777 (Monday to Saturday 9:00 am to 5:30 pm), Fax: 22613782, Email: service@tataamc.com, Website: www.tatamutualfund.com. Email: service@tataamc.com. The AMC will have the discretion to change the Investor Relations’ Officer depending on operational necessities and in the overall interest of the fund. Page 6 of 52SID - Tata Multi Sector Passive FoF XXII. Specific attribute of the The fund, being open ended in nature, has perpetual duration. scheme (such as lock in, duration in case of target maturity scheme/ close ended schemes) (as applicable) XXIII. Special Products / Systematic Investment Plan:- facilities available The SIP allows the unitholders to invest a fixed amount of Rupees at regular intervals for purchasing ongoing basis additional units of the fund at NAV based prices. Investment can be done with the minimum / maximum amount and number of cheques specified by AMC from time to time. The cheques will be presented on the dates mentioned on the cheque and subject to realization. Units will be allotted at the applicable NAV along with applicable load (if any). “SIP facility is available subject to terms and conditions. Please refer to the SIP Enrolment form for terms and conditions before enrolment.” SIPrise facility:- SIPrise is an optional facility offered by Tata Mutual Fund (TMF) for its eligible schemes (Growth option). This facility is aimed to encourage investors to invest regularly through Systematic Investment Plans (SIP) in TMF schemes for pre-defined tenure. Post SIP period (Investors have an option to select pause period) the accumulated units will be switched from the source scheme to the target scheme. Investors also have an option to select the source scheme as the target scheme. In this case, there would not be any unit transfer through systematic transfer plan (STP). The investor would receive periodic amount through systematic withdrawal plan (SWP) till the units are available. The AMC reserves the right to modify list of eligible schemes from time to time. Systematic Transfer Plan:- A unitholder may establish a Systematic Transfer Plan (STP) and choose to transfer an amount from one TMF Scheme (Source Scheme) to another TMF Scheme (Target Scheme) on a date/ frequency prescribed by the Investment Manager. The amount thus withdrawn by redemption shall be converted into units at the applicable NAV on the scheduled day and such units will be subtracted from the unit balance of that unitholder. The net amount will be considered for allotment in the target scheme and units will be allotted as per the applicable NAV of the target scheme. Systematic Withdrawal Plan:- This facility available to the unitholders of the fund enables them to redeem fixed sums or fixed number of units from their unit accounts at periodic intervals. The amount withdrawn under SWP by redemption shall be converted into the Fund units at the Repurchase price and such units will be redeemed/ subtracted from the unit balance of that unitholder. In case the date falls during a non-business day/ book closure period the immediate next Business Day will be considered for this purpose. SWAP facility (Switch and Withdrawal Automation Plan) The investor, under a designated open-ended scheme, can opt to switch their investment from the (open- ended) source scheme to the growth plan of the (open-ended) target scheme and set up a Systematic Withdrawal Plan from the target scheme at the same time. This facility allows investors to transfer investment corpus to the desired fund and withdraw the required amounts from your investments in a single process through a single form. For further details of above special products / facilities and Terms & Conditions, please refer “Other Scheme Specific Disclosures of this document, KIM/Application/enrollment form and SAI. XXIV. Weblink For Total Expense Ratio (TER): Functional Weblink: https://www.tatamutualfund.com/expense-ratio/total-expense-ratio For Scheme Factsheet: Functional Weblink: https://www.tatamutualfund.com/information-documents Other Highlights ⚫ A Mutual Fund - sponsored by Tata Sons Private Limited (TSPL) and Tata Investment Corporation Limited (TICL). ⚫ The Scheme is managed by Tata Asset Management Private Limited (TAMPL). ⚫ Earnings of the Fund are exempt from income tax under Section 10(23D) of the Income Tax Act, 1961. ⚫ Interpretation For all purposes of this Scheme Information Document (SID), except as otherwise expressly provided or unless the context otherwise requires: a. The terms defined in this SID include the plural as well as the singular. Page 7 of 52SID - Tata Multi Sector Passive FoF b. Pronouns having a masculine or feminine gender shall be deemed to include the other. c. The term “Scheme” refers to Tata Multi Sector Passive FOF including the options / sub-options thereunder. d. The term “Custodian” refers to Standard Chartered Bank. REQUIREMENT OF MINIMUM INVESTORS IN THE SCHEME The scheme shall have a minimum of 20 investors and no single investor shall account for more than 25% of the corpus of the Scheme. The two conditions mentioned above shall be complied with on a calendar quarter basis, on an average basis, as specified by SEBI. If there is a breach of the 25% limit by any investor over the quarter, a rebalancing period of one month would be allowed and thereafter the investor who is in breach of the rule shall be given 15 days’ notice to redeem his exposure over the 25 % limit. Failure on the part of the said investor to redeem his exposure over the 25 % limit within the aforesaid 15 days would lead to automatic redemption by the Mutual Fund on the applicable Net Asset Value on the 15th day of the notice period. However, in case the Scheme does not have a minimum of 20 investors, on an average basis, in the stipulated period (i.e. during the concerned calendar quarter), the provisions of Regulation 39(2) (c) of the SEBI (MF) Regulations would become applicable automatically without any reference from SEBI and accordingly the Scheme shall be wound up and the units would be redeemed at applicable NAV. The Scheme shall adhere to the requirements prescribed by SEBI from time to time in this regard. SPECIAL CONSIDERATIONS Investors are urged to read the terms & conditions of the SID carefully before investing in this Scheme, and to retain this SID for future reference. Tax Consequences: Redemption by the unitholders due to change in the fundamental attribute (if any, in future) of the scheme or due to any other reason may entail tax Consequences for which the Trustees, AMC, Fund or any of their Directors / employees shall not be liable. Disclosure / Disclaimer: To the best of the knowledge and belief of the Directors of the Trustee Company, information contained in this SID is in accordance with the SEBI Regulations and facts and does not omit anything likely to have a material impact on the importance of such information. Neither this SID nor the Units have been registered in any jurisdiction. The distribution of this SID in certain jurisdictions may be restricted or subject to registration requirements and, accordingly, persons who come into possession of this SID are required to inform themselves about, and to observe, any such restrictions. No persons receiving a copy of this SID or any accompanying application form in any such jurisdiction may treat this SID or such application form as constituting an invitation to them to subscribe for Units, nor should they in any event use any such application form, unless in the relevant jurisdiction such an invitation could lawfully be made to them and such application form could lawfully be used without compliance with any registration or other legal requirements. Accordingly, this SID does not constitute an offer or solicitation to anyone in any jurisdiction in which such offer or solicitation is not lawful or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such offer or solicitation. It is the responsibility of any person in possession of this SID and any persons wishing to apply for Units pursuant to this SID to inform themselves of, and to observe, all applicable laws and Regulations of such relevant jurisdiction. Prospective investors should review / study this SID carefully and in its entirety and should not construe the contents hereof or regard the summaries contained herein as advice relating to legal, taxation, or financial / investment matters and are advised to consult their own professional advisor(s) as to the legal or any other requirements or restrictions relating to the subscription, gifting, acquisition, holding, disposal (sale, transfer, switch or redemption or conversion into money) of Units and to the treatment of income (if any), capitalization, capital gains, any distribution, and other tax consequences relevant to their subscription, acquisition, holding, capitalization, disposal (sale, transfer, switch, redemption or conversion into money) of Units within their jurisdiction of nationality, residence, domicile etc. or under the laws of any jurisdiction to which they or any managed funds to be used to purchase/gift Units are subject, and (also) to determine possible legal, tax, financial or other consequences of subscribing / gifting to, purchasing or holding Units before making an application for Units. No person has been authorized to give any information or to make any representations not confirmed in this SID in connection with the New fund offer / Subsequent Offer of Units, and any information or representations not contained herein must not be relied upon as having been authorized by the Mutual Fund or the Asset Management Company or the Trustee Company. Statements made in this SID are based on the law and practice currently in force in India and are subject to change therein. Neither the delivery of this SID nor any sale made hereunder shall, under any circumstances, create any impression that the information herein continues to remain true and is correct as of any time after the date hereof. Notwithstanding anything contained in the SID the provisions of SEBI (Mutual Funds) Regulations 1996 and guidelines thereunder shall be applicable. The Trustee Company would be required to adopt / follow any regulatory changes by SEBI / RBI etc. and /or all circulars / guidelines received from AMFI from time to time if and from the date as applicable. The Trustee Company in such a case would be obliged to modify / alter any provisions / terms of the SID during / after the launch of the scheme by following the prescribed procedures in this regard. The Mutual Fund may disclose details of the investor’s account and transactions there under to those intermediaries whose stamp appears on the application form or who have been designated as such by the investor. In addition, the Mutual Fund may disclose such details to the bankers, as may Page 8 of 52SID - Tata Multi Sector Passive FoF be necessary for the purpose of effecting payments to the investor. The Fund may also disclose such details to regulatory and statutory authorities/bodies as may be required or necessary. Pursuant to the provisions of Prevention of Money Laundering Act, 2002, if after due diligence, the AMC believes that any transaction is suspicious in nature as regards money laundering, on failure to provide required documentation, information, etc. by the unit holder the AMC shall have absolute discretion to report such suspicious transactions to FIU‐IND and / or to freeze the folios of the investor(s), reject any application(s) / allotment of units. Other Business Activities of AMC: Please refer to SAI. DUE DILIGENCE BY THE ASSET MANAGEMENT COMPANY It is confirmed that: i. The Scheme Information Document submitted to SEBI is in accordance with the SEBI (Mutual Funds) Regulations, 1996 and the guidelines and directives issued by SEBI from time to time. ii. All legal requirements connected with the launching of the Scheme as also the guidelines, instructions, etc., issued by the Government and any other competent authority in this behalf, have been duly complied with. iii. The disclosures made in the Scheme Information Document are true, fair, and adequate to enable the investors to make a well-informed decision regarding investment in the Scheme. iv. The intermediaries named in the Scheme Information Document and Statement of Additional Information are registered with SEBI and their registration is valid, as on date. v. The contents of the Scheme Information Document including figures, data, yields etc. have been checked and are factually correct. vi. A confirmation that the AMC has complied with the compliance checklist applicable for Scheme Information Documents and other than cited deviations/ that there are no deviations from the regulations. vii. Notwithstanding anything contained in this Scheme Information Document, the provisions of the SEBI (Mutual Funds) Regulations, 1996 and the guidelines there under shall be applicable. viii. The Trustees have ensured that the Tata Multi Sector Passive FoF approved by them is a new product offered by Tata Mutual Fund and is not a minor modification of any existing scheme/fund/product For Tata Asset Management Pvt Limited Date: _________ Padmanabhan Ramanathan Place: Mumbai Compliance Officer Page 9 of 52SID - Tata Multi Sector Passive FoF PART II. INFORMATION ABOUT THE SCHEME A. HOW WILL THE SCHEME ALLOCATE ITS ASSETS ? ASSET ALLOCATION AND RISK PROFILE (SO 14) (SO 15) Under normal circumstances, the investment range would be as follows: Asset Allocation Type of Instruments (% of Net Assets) Minimum Maximum Units of Passive Domestic Equity Index Funds / Equity Exchange 95% 100% Traded Funds (ETFs) in multiple sectors Debt & Money Market Instruments including Reverse repo, Triparty repo on Government securities or treasury bills and/or other similar 0% 5% instruments A small portion of the net assets (up to 5%) will be invested in Debt & Money Market Instruments including Reverse repo, Triparty repo on Government securities or treasury bills and/or other similar instruments as may be notified to meet the liquidity requirements of the Scheme. (CSO 13) (CSO 21) The scheme(s) will comply with the provision no. 12.24.1 of SEBI Master Circular on Mutual Fund dated June 27, 2024 which specifies that the cumulative gross exposure through equity, debt, money market instruments, mutual fund units, other permitted securities / assets and such other securities / assets as may be permitted by SEBI from time to time shall not exceed 100% of the net assets of the scheme. As per provision no. 12.25.3 of SEBI Master Circular on Mutual Fund dated June 27, 2024, cash, or cash equivalents with residual maturity of less than 91 days shall not be treated as creating any exposure. (CSO 14) (CSO 17) The Margin may be placed in the form of such securities / instruments / deposits as may be permitted/eligible to be placed as margin from the assets of the Scheme. The securities / instruments / deposits so placed as margin shall be classified under the applicable category of assets for the purposes of asset allocation. Pending deployment of funds of the Scheme in securities in terms of the investment objective of the scheme as stated above, the funds of the Scheme may be invested in short term deposits of scheduled commercial banks in accordance with provision no. 12.16 of SEBI Master Circular on Mutual Fund dated June 27, 2024. (SO 13) Indicative Table (Actual instrument / percentages may vary subject to applicable SEBI circulars): (CSO 19) SEBI Master Circular on Mutual Sr. No. Type of Instrument Percentage of Exposure Fund dated June 27, 2024 Reference 1 Securities Lending Will not invest Provision no. 12.11 Equity Derivatives for 2 non-hedging Will not invest Provision no. 12.25 Purposes(CSO 20) 3 Securitized Debt Will not invest Provision no. 12.15 4 Overseas Securities Will not invest Provision no. 12.19 Provision no. 12.21 & clause no. 13 of Seventh Schedule of SEBI (MF) Regulation, 1996. SEBI (Mutual Fund) Second 5 REITs and InvITS Will not invest Amendment Regulations, 2025 SEBI Circular HO/24/13/12(1)2025-IMD-POD- 2/I/157/2025 dated November 28, 2025 6 AT1 and AT2 Bonds Will not invest Provision no. 12.2 Any other instrument a) Will not invest. a) Provision no. 12.28 (CSO 18) 7 a) Credit Default Swaps (CDS) b) Will not invest. b) Provision no. 12.18 Page 10 of 52SID - Tata Multi Sector Passive FoF SEBI Master Circular on Mutual Sr. No. Type of Instrument Percentage of Exposure Fund dated June 27, 2024 Reference b) Repo in corporate debt securities and corporate reverse repo c) Will not invest. c) Provision no. 12.3 c) Debt instruments having Structured Obligations (SO) / Credit Enhancements (CE) d) Will not invest. d) Provision no. 12.11 d) Short Selling e) Will not invest e) Provision no. 12.12 e) Unrated debt instruments f) Will not invest f) Provision no. 12.25.8 f) Covered Call g) Will not invest g) Provision no. 12.25 Option g) Derivatives Change in Investment Pattern / Portfolio Rebalancing (CSO 22) Portfolio Rebalancing due to Passive Breach: As per para 2.9 of SEBI Master circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024 and SEBI circular SEBI/HO/IMD/PoD2/P/CIR/2025/92 dated June 26, 2025, in the event of any deviation from mandated asset allocation mentioned above, due to passive breaches, rebalancing period will be Thirty (30) business days. In case the portfolio is not rebalanced within Thirty (30) business days, justification in writing, including details of efforts taken to rebalance the portfolio shall be placed before the Investment Committee. The Investment Committee, if so desired, can extend the timelines up to sixty (60) business days from the date of completion of mandated rebalancing period. In case the portfolio of the scheme is not rebalanced within the aforementioned mandated plus extended timelines, the AMC shall not launch any new scheme till the time the portfolio is rebalanced and also not levy exit load, if any on the investors exiting the Scheme. However, at all times the portfolio will adhere to the overall investment objective of the Scheme. Rebalancing due to Short Term Defensive Consideration (CSO 23) As per provision no. 1.14.1.2 of SEBI Master Circular on Mutual Fund dated June 27, 2024, the asset allocation pattern indicated above may change for a short-term period on defensive considerations, keeping in view market conditions, market opportunities, applicable regulations and political and economic factors. These proportions may vary depending upon the perception of the Fund Manager, the intention being at all times to seek to protect the interests of the Unit holders. In case of any deviation, the portfolio shall be rebalanced within 30 calendar days. Deployment of NFO Proceeds in Triparty Repo or any other instrument as may be permitted by SEBI: In accordance with provision no. 1.10.3 of SEBI Master Circular on Mutual Fund dated June 27, 2024, the scheme may deploy NFO proceeds, before closure of NFO period, in ‘The Clearing Corporation of India Ltd.’s (CCIL) TREPS’. AMCs will not charge any investment management and advisory fees on funds deployed in Triparty repo on Government Securities. The appreciation received from such investments shall be passed on to investors. Further, in case the minimum subscription amount is not garnered by the scheme’s during the NFO period, the interest earned upon investment of NFO proceeds in such instruments shall be returned to investors, in proportion of their investments, along-with the refund of the subscription amount. Deployment of funds collected in NFO: As per SEBI Circular no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2025/23 dated February 27, 2025, the scheme shall deploy the funds garnered in an NFO within 30 business days from the date of allotment of units. In an exceptional case, if the AMC is not able to deploy the funds in 30 business days, reasons in writing, including details of efforts taken to deploy the funds, shall be placed before the Investment Committee of the AMC. The Investment Committee may extend the timeline by 30 business days, while also making recommendations on how to ensure deployment within 30 business days going forward and monitoring the same. In case the funds are not deployed as per the asset allocation mentioned in the SID as per the aforesaid mandated plus extended timelines, AMC shall: i. not be permitted to receive fresh flows in the same scheme till the time the funds are deployed as per the asset allocation mentioned in the SID. ii. not be permitted to levy exit load, if any, on the investors exiting such scheme(s) after 60 business days of not complying with the asset allocation of the scheme. Page 11 of 52SID - Tata Multi Sector Passive FoF iii. inform all investors of the NFO, about the option of an exit from the concerned scheme without exit load, via email, SMS or other similar mode of communication. iv. report deviation, if any, to Trustees at each of the above stages B. WHERE WILL THE SCHEME INVEST (CSO 29) In line with the investment allocation pattern of the scheme, the scheme will invest in: i) Units of Passive Equity Mutual Fund schemes in multiple sectors. ii) Debt & Money Market Instruments including Reverse repo, Triparty repo on Government securities or treasury bills and/or Other similar instruments. C. WHAT ARE THE INVESTMENT STRATEGIES ? (SO 07) (CSO 26) (CSO 28) The Scheme shall follow an active investment strategy. The scheme will allocate its assets among existing sectoral passive schemes depending upon Fund Manager assessment and parameters like macro-economic conditions, fundamental outlook of relevant sectors and factors such as Momentum etc. The Fund Manager will try to assess the economic conditions, market conditions and future outlook in order to understand the drivers of growth for different sectors. Though the Scheme will primarily invest in Schemes of Tata Mutual Fund, it will also have the flexibility to invest in schemes of other Mutual Funds. The selection of the underlying funds shall be made on the basis of the Fund Manager assessment & parameters as stated above. The Scheme can also invest in Debt & Money Market Instruments including Reverse repo, Triparty repo on Government securities or treasury bills and/or other similar instruments as stated above in Asset Allocation Section. Portfolio Turnover Policy: Portfolio turnover in the scheme will be a function of market opportunities. It is difficult to estimate with any reasonable measure of accuracy, the likely turnover in the portfolio. The AMC will endeavor to optimize portfolio turnover to optimize risk adjusted return keeping in mind the cost associated with it. A high portfolio turnover rate is not necessarily a drag on portfolio performance and may be representative of investment opportunities that exist in the market. Portfolio Turnover is not applicable to the Fund of Funds Scheme. D. HOW WILL THE SCHEME BENCHMARK ITS PERFORMANCE? Scheme Benchmark: (SO 09) (CSO 26) (CSO 25) Nifty 500 Index (TRI) Benchmark Selection Rationale: The composition of the benchmark is such that it is most suited for comparing performance of the Scheme. The scheme seeks to actively allocate across passive Equity Mutual Fund schemes in multiple sectors and market capitalizations. Since, the Nifty 500 represents majority of India’s listed market capitalization and provides broad exposure across sectors and large, mid, and small caps, it is the most suitable benchmark. The Trustees reserves the right to change the benchmark in future, if a benchmark better suited to the investment objective of the Scheme is available subject to SEBI (Mutual Fund) Regulations & Circulars issued from time to time. The performance of the scheme shall be benchmarked to the Total Return (TRI) variant of the benchmark. Page 12 of 52SID - Tata Multi Sector Passive FoF E. WHO MANAGES THE SCHEME ? (SO 10) (CSO 33) Total Experience Educational Other Schemes Under His Name Age Experience (Assignments held during last 10 Qualification Management (in years) years) From October 2018 to date with Tata Asset Management Ltd. He is Chief Investment Officer-Equities at Tata Asset Management Ltd and reporting to Chief Executive Officer & Managing Director. Tata Balanced Advantage Fund Rahul Singh From July 2015 to October 2018 with (Managing Tata Business Cycle Fund Ampersand Capital Investment Advisors Since: Not B. Tech, 52 29 LLP as Managing Partner. applicable, as PGDBM Tata Children’s Fund the scheme is From August 2010 to March 2015 with new) Tata Multi Asset Allocation Fund Standard Chartered Securities Ltd. as Managing Director Reporting to CEO. From August 2005 to June 2010 with Citigroup Global Markets as Senior Research Analyst Reporting to Head of Research F. HOW IS THE SCHEME DIFFERENT FROM EXISTING SCHEMES OF THE MUTUAL FUND ? Tata Multi Sector Passive FOF is an open ended fund of fund scheme investing in units of passive equity mutual fund schemes in multiple sectors. Existing FOF schemes of Tata Mutual Fund (Tata Gold ETF Fund of Fund, Tata Silver ETF Fund Of Fund, Tata Nifty India Digital ETF Fund Of Fund) invest in Gold, Silver or Digital ETFs respectively or in case of Tata Income Plus Arbitrage Active FOF the underlying exposure is in debt oriented mutual fund schemes and arbitrage based mutual fund schemes. However, this scheme (Tata Multi Sector Passive FOF) actively allocates across domestic Equity Index Funds / Equity ETFs based on the Fund Manager’s dynamic assessment of macro-economic conditions, fundamental outlook of relevant sectors and factors such as Momentum etc. and is therefore distinct from the existing FoF schemes. Below mentioned is the comparison of this fund of fund scheme with other existing fund of fund schemes of Tata Mutual Fund: Sr No Scheme Name 1 TATA GOLD ETF FUND OF FUND 2 TATA NIFTY INDIA DIGITAL ETF FUND OF FUND 3 TATA SILVER ETF FUND OF FUND 4 TATA INCOME PLUS ARBITRAGE ACTIVE FOF For comparison between existing schemes of Tata Mutual Fund, kindly visit functional Weblink: https://www.tatamutualfund.com/invest/compare. G. HOW HAS THE SCHEME PERFORMED ? Performance as on 31.12.2025 This scheme is a new scheme and does not have any performance track record. Absolute Returns for the Last 5 Financial Years This scheme is a new scheme and does not have any performance track record. Additional Disclosure with respect to provision no. 5.8 of SEBI Master Circular on Mutual Fund dated June 27, 2024. Page 13 of 52SID - Tata Multi Sector Passive FoF H. ADDITIONAL SCHEME RELATED DISCLOSURES i. Schemes Portfolios Top 10 Holdings by issuer & fund allocation towards various sectors: Functional Weblink for Top 10 Holdings by issuer & fund allocation towards various sectors: This scheme is a new scheme and does not have any track record. Kindly visit https://www.tatamutualfund.com/statutory-disclosures/other-statutory-disclosures. ii. Disclosure of name & exposure Top 7 Issuers, Stocks, Groups & Sectors as a percentage of NAV of the scheme in case of debt and equity ETF / Index Funds Not Applicable iii. Portfolio Disclosure - Monthly/ Half Yearly For portfolio disclosure of schemes of Tata Mutual Fund in a user-friendly and downloadable format, kindly visit functional weblink: https://www.tatamutualfund.com/schemes-related. iv. Portfolio Turnover Rate particularly for equity-oriented schemes Portfolio Turnover Ratio (13 months): Portfolio turnover in the scheme will be a function of market opportunities. It is difficult to estimate with any reasonable measure of accuracy, the likely turnover in the portfolio. The AMC will endeavor to optimize portfolio turnover to optimize risk adjusted return keeping in mind the cost associated with it. A high portfolio turnover rate is not necessarily a drag on portfolio performance and may be representative of investment opportunities that exist in the market. Portfolio Turnover is not applicable to the Fund of Funds Scheme. v. Aggregate investment in the Scheme by Net Value Market Value (in Rs.) Sr No. Category of Persons Units NAV per unit This scheme is a new scheme and does not have any track record. Mandatory compensation by designated employee(s) (herein refers to Fund Manager(s)) to be invested in the scheme in which he / she has a role / oversight shall not apply to Index Funds. For any other disclosure w.r.t investments by key personnel and AMC directors including regulatory provisions in this regard kindly refer SAI. vi. Investments of AMC in the Scheme (CSO 58) (SO 01) TAMPL (the AMC) may invest in the scheme(s) on an ongoing basis, such amount, as they deem appropriate. The AMC shall not be entitled to charge any management fees on this investment in the scheme(s). Investments by the AMC will be in accordance with the SEBI (MF) Regulations, 1996. As per the amended regulations i.e., sub-regulation 16(A) in Regulation 25 of SEBI (Mutual Funds) Regulations,1996 (‘MF Regulations’), asset management companies (‘AMCs’) are required to invest such amount in such scheme(s) of the mutual fund, based on the risk associated with the scheme. The AMC will comply with provision no. 6.9 of SEBI Master Circular on Mutual Fund dated June 27, 2024. As per the relevant circular, AMCs shall not be required to invest in Index Funds. Functional weblink: For Investments by AMC in schemes of Tata Mutual Fund, kindly visit https://www.tatamutualfund.com/statutory- disclosures/other-statutory-disclosures. PART III- OTHER DETAILS A. COMPUTATION OF NAV Net Asset Value (“NAV”) of the Units shall be determined as of the close of each Business Day. NAV shall be calculated in accordance with the following formula: Market Value of Scheme’s Investments + Accrued Income + Receivables + Other Assets - Accrued Expenses - Payables - Other Liabilities NAV = _______________________________________________________________________________________________________________ Number of Units Outstanding Page 14 of 52SID - Tata Multi Sector Passive FoF Illustration of computation of NAV: Consider Market Value of Scheme’s Investments: Rs. 125000, Accrued Income: Rs. 15000, Receivables: Rs. 20000, Other Assets: Rs. 5000, Accrued Expenses: Rs. 7000, Payables: Rs. 12000, Other Liabilities: Rs. 8000 & Number of Units Outstanding of the scheme: 1000 NAV = 125000 + 15000 + 20000 + 5000 – 7000 – 12000 – 8000 = Rs. 138.0000 per unit. 1000 The computation of Net Asset Value, valuation of Assets, computation of applicable Net Asset Value (related price) for ongoing Sale, Redemption, Switch and their frequency of disclosure shall be based upon a formula in accordance with the Regulations and as amended from time to time including by way of Circulars, Press Releases, or Notifications issued by SEBI or the Government of India to regulate the activities and growth of Mutual Funds. The NAVs of the fund shall be rounded off up to four decimals. The valuation of investments including ETCD’s shall be based on the principles of fair valuation specified in Schedule VIII of the SEBI (Mutual Funds) Regulations, 1996 and guidelines issued by SEBI /AMFI from time to time. Investment Policy & Valuation policy for participation in ETCDs are in place. * Please refer Para V. of SAI on ‘Investment valuation norms for securities & other assets’ for details. Each option of the Regular Plan & Direct Plan will have a separate NAV. Illustration of Calculation of Sale & Repurchase Price: Assumed NAV Rs. 11.00 per unit Entry Load: NIL Exit Load 1% Sale Price = NAV + (Entry Load(%) * NAV) Sale Price = 11 + (0% * 11) Sale Price = 11 + 0 Sale Price = Rs. 11/- Repurchase Price = NAV – (exit load (%) * NAV) Repurchase Price = 11 – (1%*11) Repurchase Price = 11 – 0.11 Repurchase Price = Rs.10.89 Repurchase/ Resale is at Net Asset Value (NAV) related prices with repurchase/ resale loads as applicable (within limits) as specified under SEBI Regulations 1996, While determining the price of the units, the fund will ensure that the repurchase price is not lower than 97 per cent of the Net Asset Value. (CSO 47) (CSO 17) B. NEW FUND OFFER (NFO) EXPENSES These expenses are incurred for the purpose of various activities related to the NFO like sales and distribution fees paid marketing and advertising, registrar expenses, printing and stationery, bank charges etc. In accordance with the provision of SEBI, the NFO expenses shall be borne by the AMC. C. ANNUAL SCHEME RECURRING EXPENSES (CSO 26) These are the fees and expenses for operating the scheme. These expenses include Investment Management and Advisory Fee charged by the AMC, Registrar and Transfer Agents’ fee, marketing and selling costs etc. as given in the table below: As per provision no. 52.6.a.(i) of SEBI (Mutual Funds) Regulations, 1996 in case of fund of funds scheme investing in index fund scheme and exchange traded funds, the total expense ratio of the scheme including weighted average of the total expense ratio levied by the underlying scheme(s) shall not exceed 1.00 per cent of the daily net assets of the scheme.The AMC has estimated that upto 1.00 % (excluding additional permissible limits as per Regulation 52(6A)(c) of the daily average net assets of the scheme will be charged to the scheme as expenses. For the actual current expenses being charged, the investor should refer to functional Weblink: https://www.tatamutualfund.com/expense-ratio/total- expense-ratio. Fees & Expenses: The maximum recurring expense of the Scheme is estimated below: Expenses Head % Of Daily Net Assets Investment Management and Advisory Fees Upto 1.00% Page 15 of 52SID - Tata Multi Sector Passive FoF Expenses Head % Of Daily Net Assets Audit fees / fees and expenses of trustees Custodian fees Registrar & Transfer Agent Fees including cost of providing account statements / IDCW / redemption cheques/ warrants Marketing & Selling Expenses including Agents Commission and statutory advertisement Costs related to investor communications Costs of statutory Advertisements Costs of fund transfer from location to location Cost towards investor education & awareness (CSO 43) Brokerage & transaction cost pertaining to distribution of units Goods & Services Tax on expenses other than investment and advisory fees Goods & Services Tax on brokerage and transaction cost Listing Fees / Index Licensing Fees Incentive, if any to Market Makers Brokerage & transaction cost over and above 12 bps and 5 bps for cash and derivative market trades respectively Other Expenses ** Maximum Total expenses ratio (TER) permissible under Regulation 52 (6) (a) (i) Upto 1.00%* Additional expenses under Regulations 52(6A)(c) Upto 0.05% ** Any other expenses which are directly attributable to the Scheme, may be charged with the approval of the Trustee within the overall limits as specified in the Regulations except those expenses which are specifically prohibited. * Excluding Goods & Services Tax on investment and advisory fees. Provided that the total expense ratio to be charged over and above the weighted average of the total expense ratio of the underlying scheme shall not exceed two times the weighted average of the total expense ratio levied by the underlying scheme(s), subject to the overall ceilings as stated above.(CSO 45) # Note: Expenses of Direct Plan will be lower than expenses of the Regular Plan as no commission/distribution expenses will be charged in the case of Direct Plan. All fees and expenses charged in a direct plan (in percentage terms) under various heads including the investment and advisory fee shall not exceed the fees and expenses charged under such heads in a regular plan. NAV of the Direct Plan will be different than the NAV of Regular Plan. Investors may please note that they will be bearing the recurring expenses of the Scheme in addition to the expenses of the underlying schemes in which the fund of fund scheme makes investment. All scheme related expenses including commission paid to distributors, by whatever name it may be called and in whatever manner it may be paid, shall necessarily paid from the scheme only within the regulatory limits and not from the books of AMC, its associate, sponsor, trustees or any other entity through any route in terms of SEBI circulars, subject to the clarifications provided by SEBI to AMFI vide letter dated February 21, 2019 on implementation of provision no 5.9, 14.3.3.4 b.ii 10.1.12, of SEBI Master Circular on Mutual Fund dated June 27, 2024 on Total Expense Ratio (TER) and performance disclosure for Mutual Fund. Notes: Brokerage & transaction costs which are incurred for the purpose of execution of trade may be capitalised to the extent of 12bps and 5bps for cash market transactions and derivatives transactions respectively. GST on brokerage and transaction cost paid for execution of trades shall be within the limit prescribed under regulation 52 of the SEBI (Mutual Funds) Regulations, 1996. Any payment towards brokerage and transaction cost, over and above the said 12 bps and 5bps for cash market transactions and derivatives transactions respectively may be charged to the scheme within the maximum limit of Total Expense Ratio (TER) as prescribed under regulation 52 of the SEBI (Mutual Funds) Regulations, 1996. 2) As per provision no. 10.1.16 of SEBI Master Circular on Mutual Fund dated June 27, 2024. Fund of Funds (FoFs) investing more than 80% of its NAV in the underlying domestic funds shall not be required to set aside 2bps of the daily net assets towards investor education and awareness initiatives. 3) The fund shall update the current expense ratios on the website (www.tatamutualfund.com) at least three working days prior to the effective date of the change. The exact functional weblink for TER is https://www.tatamutualfund.com/expense-ratio/total-expense-ratio. 4) Illustration of impact of expense ratio on scheme return. Illustration is given to understand the impact of expense ratio on a scheme return and this should not be construed as an indicative return of the scheme. (CSO 44) Page 16 of 52SID - Tata Multi Sector Passive FoF D. LOAD STRUCTURE (CSO 47) A load is an amount which is paid by the investor to subscribe to the units or to redeem the units from the scheme. Load amounts are variable and are subject to change from time to time. provision no. 10.4.1.a of SEBI Master Circular on Mutual Fund dated June 27, 2024 there shall be no entry load for all Mutual Fund schemes. Goods & Services Tax on exit load, if any, shall be paid out of the exit load proceeds and exit load net of Goods & Services tax, if any, shall be credited to the scheme. The Load Structure of the Scheme is given hereunder: Type of Load Load chargeable (as %age of NAV) Entry Load Not Applicable (Pursuant to provision no. 10.4.1.a of SEBI Master Circular on Mutual Fund dated June 27, 2024, no entry load will be charged by the Scheme to the investor) Exit 1. On or before 30 days from the date of allotment: 0.50% 2. After 30 days from the date of allotment: NIL Goods & Service Tax on exit load, if any, will be paid out of the exit load proceeds and exit load net of Goods & Service Tax, if any, will be credited to the scheme. Units issued on reinvestment of income Distribution shall not be subject to exit load. Pursuant to AMFI’s communication dated 09th April 2025, Exit Load will not be charged on any Switch/Systematic transfer transaction from Regular plan to Direct plan of the same scheme. For applicability of load structure and NAV, switch-in will be considered as subscription and switch-out will be considered as redemption. The AMC reserves the right to change/modify exit load, depending upon the circumstances prevailing at any given time. However, any change in the load structure will be applicable to prospective investment only. At the time of changing the load structure, the AMC will adopt the following measures (SO 16): • The addendum detailing the changes may be attached to Scheme Information Documents and Key Information Memorandum. The addendum may be circulated to all the distributors/brokers so that same can be attached to all Scheme Information Documents and Key information memoranda already in stock. • The investor is requested to check the prevailing load structure of the scheme before investing. For any change in load structure arrangement may be made to display the addendum in the Scheme Information Document in the form of a notice in all the investor service centers and distributor/ brokers’ office. • The introduction of the exit load along with the details may be stamped in the acknowledgement slip issued to the investors on submission of the application form and may also be disclosed in the statement of accounts issued after the introduction of such load. • A public notice shall be given in respect of such change in one English daily newspaper having nationwide circulation as well as in a newspaper published in the language of region where the Head office of Mutual Fund is situated. SECTION II I. INTRODUCTION Page 17 of 52SID - Tata Multi Sector Passive FoF A. DEFINITIONS / INTERPRETATION Functional weblink that contains detailed description: Kindly visit https://www.tatamutualfund.com/statutory-disclosures/other-statutory-disclosures. B. RISK FACTORS Standard Risk Factors: • Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. • Investment in Mutual Fund Scheme Units involves investment risks such as trading volumes, settlement risk, liquidity risk, default risk including the possible loss of principal. • Mutual Funds and securities investments are subject to market risks and there can be no assurance and no guarantee that the Scheme will achieve its objective. • As with any investment in stocks, shares and securities, the NAV of the Units under this Scheme can go up or down, depending on the factors and forces affecting the capital markets. • Past performance of the previous Schemes, the Sponsors or its Group / Affiliates / AMC / Mutual Fund is not indicative of and does not guarantee the future performance of the Scheme. • The sponsors are not responsible or liable for any loss resulting from the operations of the scheme beyond the initial contribution of Rs. 1 lakh made by them towards setting up of the mutual fund. • Tata Multi Sector Passive FOF is only the name of the Scheme and does not in any manner indicate either the quality of the Scheme, or its future prospects or the returns. Investors therefore are urged to study the terms of the scheme carefully and consult their Tax and Investment Advisor before investing in the Scheme. • The scheme is not guaranteed or assured return scheme. Scheme Specific Risk Factors: (CSO 08) (SO 02) 1) Risk associated with Illiquidity of the underlying constituents: The liquidity of security may change depending on market conditions leading to changes in the liquidity premium linked to the price of the security. At the time of selling the security, the security can become illiquid leading to loss in the value of the portfolio. 2) Risk associated with Tracking error of the underlying funds: Factors such as the fees and expenses of the Scheme, Corporate Actions, Cash balance, changes to the Underlying Index and regulatory policies may affect AMC’s ability to achieve close correlation with the Underlying Index of the Scheme. The Scheme’s returns may therefore deviate from those of its Underlying Index, generally known as “Tracking Error” risk. Being an open-ended scheme, the scheme may hold appropriate levels of cash or cash equivalents to meet ongoing redemptions. Index Providers undertake periodic reviews of the securities that are represented in the Index and from time to time may exclude existing securities or include new ones. In such an event, the scheme will endeavor to reallocate its portfolio to mirror the changes. However, the reallocation process may not occur instantaneously and permit precise mirroring of the Index during this period. 3) Risk associated with Rebalancing and reconstitution in multiple counts: Historically rebalancing cycles cause change in weights & entry exit of most stocks. Thus, resetting the portfolio while replication would cause tracking error 4) Risk associated with Multisector Fund of Fund scheme : The Scheme will invest in sector specific underlying schemes based on research and analysis of past performance of the schemes/sectors in line with the investment objective i.e. will invest predominantly in Units of Passive Equity Mutual Fund schemes of select sectors. Since the investment is made only in select sectors, at time this may result in higher volatility and risk. Investing in a multisector fund of fund scheme is based on the premise that the Scheme will invest in sectors belonging to only few specific sectors selected after thorough analysis of past performance. In line with the investment objective, the Scheme will invest predominantly in Units of Passive Equity Mutual Fund schemes of the selected sectors. This will limit the capability of the scheme to invest in other sectors and hence will be affected by the risks associated with the sector followed by the underlying schemes in which the FOF makes investments. Since the scheme will invest in select sectors, the risk involved in the investment will be more concentrated as compared to investment in Diversified underlying schemes. Owing to the high concentration risk for sectorial schemes in which this FOF will invest, the risk of capital loss is highest. 5) Risk associated with FOF As the FoF generally invests in the underlying ETF through stock exchange, the market price of underlying ETF may be different from its Indicative Net Asset Value (INAV)/NAV, which may affect the performance of the scheme. Page 18 of 52SID - Tata Multi Sector Passive FoF 6) Risks associated with Debt / Money Markets Instruments: Interest Rate Risk As with debt/money instruments, changes in interest rate may affect the price of the money market instrument(s) and ultimately Scheme’s net asset value. Generally, the prices of instruments increase as interest rates decline and decrease as interest rates rise. Prices of long-term securities fluctuate more in response to such interest rate changes than short-term securities. Indian debt and government securities markets can be volatile leading to the possibility of price movements up or down in fixed income securities and thereby to possible movements in the NAV. Credit Risk Credit risk or Default risk refers to the risk that an issuer of a fixed income security may default (i.e. the issuer will be unable to make timely principal and interest payments on the security). Because of this risk corporate debentures are sold at a higher yield above those offered on Government Securities which are sovereign obligations and free of credit risk. Normally, the value of fixed income securities will fluctuate depending upon the changes in the perceived level of credit risk as well as any actual event of default. The greater the credit risk, the greater the yield required for someone to be compensated for the increased risk Reinvestment Risk This risk refers to the difference in the interest rate levels at which cash flows received from the securities in the scheme is reinvested. The additional income from reinvestment is the “interest on interest” component. The risk is that the rate at which interim cash flows are reinvested may be lower than that originally assumed. Credit Evaluation Process for the investments in Debt Securities In-house credit evaluation team has the necessary capability of conducting independent due diligences of credit risk. From credit evaluation perspective, companies are broadly classified under two sectors - Industrials and Financial Institutions. Industrials include Manufacturing and trading companies, while Financial Institutions include Banks and Non-Banking Financial Companies (NBFCs). The set of parameters for evaluation of credits for these sectors are different. Broad guidelines for the appraisal of Industrials for short-term and long-term exposure include, but are not restricted to: • External Ratings threshold: Investment is made only if the issuer credit rating is at least ‘investment grade’ (BBB- or above) for Long-term debt by a credit rating agency recognized by SEBI. In the short-term, investment is made in top notch (A1+ or equivalent) rated debt instruments. However, this is subject to review from time to time and investment committee / Board of AMC approval is required for any exception. Each company is internally appraised based on various parameters including, but not restricted to: 1. Business Fundamentals: Product/Service offerings, Market Position, Competitive Landscape, and Product cycle etc. 2. Regulatory environment: Support/intervention, developmental stage of industry, level of regulation 3. Financial Analysis: Margins, Profitability, Leverage, Working Capital requirement & cycle, Cash-flows etc. This is also seen in light of historic trend Management Track Record: 4. Management track record, performance of company through economic cycle, promoters’ background, other group companies. 5. Macro-Economic Environment: Economic cycle, Credit cycle The credit evaluation policy is subject to review from time to time. Any material change in the credit evaluation policy will be updated by way of an addendum to the scheme information document. The asset allocation among the various debt securities will be decided based upon the prevailing market conditions, macroeconomic environment and the performance of corporate sector, the debt market and other considerations. The investment policies mentioned in this SID are in conformity with the provisions of various constitutional documents VIZ.MOA/AOA of the TAMPL/Trustee Company, IMA and the Trust Deed. Any change in the asset allocation affecting the investment profile of the scheme shall be effected only in accordance with the provisions of regulations 18-15A of SEBI (Mutual Funds) Regulations, 1996. C. RISK MITIGATION STRATEGIES (CSO 09) 1. Risk mitigation measures for Tracking error of the underlying funds (CSO 10) The scheme shall endeavour that the tracking error based on past one year rolling data shall not exceed 2%. However, at times, the tracking error may exceed/vary due to market conditions/other factors. Following are the measures that would help in minimizing the tracking error: Page 19 of 52SID - Tata Multi Sector Passive FoF i) Risk mitigation measures for Rebalancing and reconstitution in multiple counts: The Fund manager of the underlying scheme would endeavor to rebalance the securities at the earliest to minimize the tracking error. ii) Risk mitigation measures for Sector not performing: This strategy was communicated as very high risk and guided as being part of satellite portfolio of the investor. Concentration Risk The Scheme will try and mitigate this risk by investing in underlying Concentration risk represents the probability of loss schemes investing in different companies/sectors so as to maintain arising from heavily lopsided exposure to a particular optimum diversification and keep stock-specific concentration risk group of sectors or securities. relatively low. Market Risk Market risk is a risk which is inherent to an equity scheme. The The scheme is vulnerable to movements in the prices underlying schemes may use derivatives to limit this risk. of securities invested by the scheme, which could have a material bearing on the overall returns from the scheme Liquidity risk As such the liquidity of stocks that the underlying schemes invest The liquidity of the Scheme’s investments is inherently into could be relatively low. The underlying schemes will try to restricted by trading volumes in the securities in which maintain a proper asset-liability match to ensure redemption / it invests. Maturity payments are made on time. II. INFORMATION ABOUT THE SCHEME A. Where will the scheme invest ? In line with the investment allocation pattern of the scheme, the scheme will invest in: i) Units of Passive Equity Index Funds in multiple sectors, ii) Units of Passive Equity Exchange Traded Funds in multiple sectors. iii) Debt & Money Market Instruments including Reverse repo, Triparty repo on Government securities or treasury bills and/or Other similar instruments. Overview of Debt Market: (SO 12) The major players in the Indian Debt Markets are banks, financial institutions, insurance companies and mutual funds. The instruments in the market can be broadly categorized as those issued by corporate, banks, financial institutions and those issued by state/central governments. The risk associated with any investments are – credit risk, interest rate risks and liquidity risk. While corporate papers carry credit risk due to changing business conditions, government securities are perceived to have zero credit risk. Interest rate risk is present in all debt securities and depends on a variety of macroeconomic factors. The liquidity risk in the corporate securities market is higher compared to those of government securities. The liquidity risk in the corporate securities market is higher compared to those of government securities. Liquidity in the corporate debt market has been improving due to the entry of more players and due to various measures taken by the regulators to increase the liquidity and transparency such as introduction of repo in corporate bonds, Credit Default Swaps, compulsory reporting of secondary market OTC transactions on exchange platforms to name a few. Moreover, the recent successful introduction of Interest Rate Future on the benchmark 10-year Government Bond will also be likely to increase the depth in the debt market. The market participants in the corporate debt and gilt markets are banks, financial institutions, mutual funds, corporates, insurance companies, FPIs, primary dealers and provident funds. The main debt instruments in the market are those issued by Corporates and State/Central Governments. Corporate papers carry credit risk while government securities are believed to carry no credit risk. The main risks with investments in debt securities are interest rate risk, credit risk and liquidity risk. Interest rate risk associated with debt instruments depends on the macroeconomic environment. It includes both market price changes due to changes in yields as well as coupon reinvestment rate risk. Corporate papers carry higher liquidity risk as compared to gilts due to the depth of the gilt market. Money Market: (SO 12) Money market encompasses a wide range of instruments with maturities ranging from one day to a year, issued by Government, Banks and corporates etc. and traded in markets of varying liquidity. The risk associated with any investments are – credit risk, interest rate risk and liquidity risk. However, such risks are lower in the case of money market instruments compare to other debt instruments. Further, within the gamut of money market instruments as available in the market, such risks are very low in the case of instruments issued by government. While corporate papers carry credit risk due to changing business conditions, government securities are perceived to have zero credit risk. The following table attempts to give a broad overview of the available instruments in the financial markets and their risk return profile. The data given in the table is based on market conditions around the date of the Offer document and can at best be considered indicative: Page 20 of 52SID - Tata Multi Sector Passive FoF Expected Yields Range on Debt Securities as on 18.12.2025 Expected Yield Range (%) Issuer Instruments Maturity as on 18.12.2025 GOI T-Bill 91 days 5.23-5.33 GOI T-Bill 182 days 5.45-5.55 GOI T-Bill 364 days 5.45-5.55 GOI Short dated 1-3 yrs 5.43-5.53 GOI Long dated 3-5 yrs 6.00-6.10 GOI Long dated 5-7 yrs 6.26-6.36 Corporate AAA 1-3 yrs 6.75-6.85 Corporate AAA 3-5 yrs 6.94-7.04 Corporate AA 1-3 yrs 7.57-7.67 Corporate AA 3-5 yrs 7.70-7.80 Corporate CP 3 months 6.05-6.15 Corporate CP 1 year 6.80-6.90 Banks CD 3 months 6.00-6.10 Banks CD 1 year 6.55-6.65 Repo 1-3 days 5.15-5.25 B. What are the investment restrictions ? (as per seventh schedule of SEBI {Mutual Fund} Regulations 1996) (CSO 33) (SO 11) In terms of provision no 12.22 of SEBI Master Circular on Mutual Funds dated June 27, 2024, all investment restrictions as contained in the SEBI (Mutual Funds) Regulations, 1996 shall be applicable at the time of making investment. 1. A mutual fund scheme shall not invest more than: 10% of its NAV in debt and money market securities rated AAA; or 8% of its NAV in debt and money market securities rated AA; or 6% of its NAV in debt and money market securities rated A and below issued by a single issuer. The above investment limits may be extended by up to 2% of the NAV of the scheme with prior approval of the Board of Trustees and Board of Directors of the AMC, subject to compliance with the overall 12% limit specified in clause 1 of Seventh Schedule of MF Regulation. Provided that such limit shall not be applicable for investments in government securities, treasury bills and triparty repo on Government securities or treasury bills: Provided further that investment within such limit can be made in mortgaged-backed securitized debt, which is rated not below investment grade by a credit rating agency registered with the Board. Note: i. The long-term rating of issuers shall be considered for the money market instruments. However, if there is no long-term rating available for the same issuer, then based on credit rating mapping of CRAs between short term and long-term ratings, the most conservative long-term rating shall be taken for a given short-term rating. ii. Exposure to government money market instruments such as TREPS on G-Sec/ T-bills shall be treated as exposure to government securities. However, considering the asset allocation pattern of this scheme, the investment in Debt / Money Market instruments shall be limited upto 5% of NAV. 1A A mutual fund scheme shall not invest in unlisted debt instruments including commercial papers, except Government Securities and other money market instruments: Page 21 of 52SID - Tata Multi Sector Passive FoF Provided that Mutual Fund Schemes may invest in unlisted non-convertible debentures up to a maximum of 10% of the debt portfolio of the scheme subject to such conditions as may be specified by the SEBI from time to time: Provided further that mutual fund schemes shall comply with the norms under this clause within the time and in the manner as may be specified by the SEBI: Note: a) Provision no. 12.1 of SEBI Master Circular on Mutual Fund dated June 27, 2024 w.r.t. investment in unlisted debt & money market instruments. b) Mutual fund scheme may invest in unlisted non-convertible debentures (NCDs) that have a simple structure (i.e., with fixed and uniform coupon, fixed maturity period, without any options, fully paid up upfront, without any credit enhancements or structured obligations) and are rated and secured with coupon payment frequency on monthly basis. c) SEBI has allowed the existing unlisted NCDs to be grandfathered till maturity, such NCDS are herein referred to as “identified NCDs. Accordingly, mutual funds schemes can transact in such identified NCDs, and the criteria specified in point (b) above shall not be applicable for such identified NCDs, Subject to compliance with investment due diligence and all other applicable. d) Maximum investment in unlisted NCDs will be 10 % of the debt portfolio of the scheme. The existing unlisted NCDs are to be grandfathered till maturity, however SEBI clarified that the grandfathering of the identified NCDs is applicable across the mutual fund industry. Accordingly, mutual funds can transact in such identified NCDs. All fresh investments by mutual fund schemes in CPs would be made only in CPs which are listed or to be listed. 2. No mutual fund under all its schemes should own more than ten per cent of any company’s paid-up capital carrying voting rights. Provided, investment in the asset management company or the trustee company of a mutual fund shall be governed by clause (a), of sub- regulation (1), of regulation 7B. 3. Transfers of investments from one scheme to another scheme in the same mutual fund shall be allowed only if:- (a) such transfers are done at the prevailing market price^ for quoted instruments on a spot basis. Explanation- “spot basis” shall have same meaning as specified by stock exchange for spot transactions. (b) The securities so transferred shall be in conformity with the investment objective of the scheme to which such transfer has been made. ^Note: Provision no. 9.11 and 12.30 of SEBI Master Circular on Mutual Fund dated June 27, 2024 (CSO 30) 4. A scheme may invest in another scheme under the same asset management company or any other mutual fund without charging any fees, provided that aggregate inter-scheme investment made by all schemes under the same management or in schemes under the management of any other asset management company shall not exceed 5% of the net asset value of the mutual fund. 5. Every mutual fund shall buy and sell securities on the basis of deliveries and shall in all cases of purchases, take delivery of relevant securities and in all cases of sale, deliver the securities: Provided further that a mutual fund may enter into derivatives transactions in a recognized stock exchange, subject to the framework specified by the SEBI. Provided further that sale of government security already contracted for purchase shall be permitted in accordance with the guidelines issued by the Reserve Bank of India in this regard. 6. Every mutual fund shall get the securities purchased or transferred in the name of the mutual fund on account of the concerned scheme, wherever investments are intended to be of long-term nature. 7. Pending deployment of funds of a scheme in terms of investment objectives of the scheme, a mutual fund may invest them in short term deposits of schedule commercial banks, subject to provision no. 12.16 of SEBI Master Circular on Mutual Fund dated June 27, 2024. Note: a. “Short Term” for parking of funds shall be treated as a period not exceeding 91 days. b. Short Term deposits shall be held in the name of the Scheme. c. Total investment of the Scheme in short term deposit(s) of all the Scheduled Commercial Banks put together shall not exceed 15% of the net assets. However, this limit can be raised upto 20% of the net assets with prior approval of the Board of Trustees. d. Investments in short term deposits of associate and sponsor scheduled commercial banks together shall not exceed 20% of total deployment by the Mutual Fund in short term deposits. e. The Scheme shall not invest more than 10% of the net assets in short term deposit(s) of any one scheduled commercial bank including its subsidiaries. f. The Scheme shall not invest in short term deposit of a bank which has invested in the Scheme. Trustees/ AMC shall also take steps to ensure that a bank in which the Scheme has short term deposit does not invest in the Scheme until the Scheme has short term deposit with such bank. g. No investment management and advisory fees will be charged for such investments in the Scheme. Page 22 of 52SID - Tata Multi Sector Passive FoF h. The aforesaid limits shall not be applicable to term deposits placed as margins for trading in the cash market. i. However, the period for ‘pending deployment’ as stated above for the Scheme shall not exceed 7 days. 8. No mutual fund [scheme] shall make any investment in,— a. any unlisted security of an associate or group company of the sponsor; or b. any security issued by way of private placement by an associate or group company of the sponsor; or c. the listed securities of group companies of the sponsor which is in excess of 25 per cent of the net assets. Further, as per clause 3.1 of SEBI Circular no SEBI/HO/IMD/IMD-PoD-2/P/CIR/2024/098 dated July 08, 2024, Equity oriented ETFs and Index Funds, based on widely tracked and non-bespoke indices, can make investments in accordance with the weightage of the constituents of the underlying index. However, such investments shall be subject to an overall cap of 35% of net asset value of the scheme, in the group companies of the sponsor. Provided that for the private equity fund or a pooled investment vehicle or a pooled investment fund acting as sponsor of mutual funds, the associate or group company shall also include,- a. associate or group company of the manager of any pooled investment vehicle; or b. investee companies in which the shareholding of ten percent or more is held by the schemes or funds managed by manager of the pooled investment vehicle; or c. any investee company in which the pooled investment vehicle holds more than ten percent shareholding or where the directors of the pooled investment vehicle or corporate sponsor has representation on the board or right to nominate representatives on the SEBI. 9. No scheme of a mutual fund shall make any investment in any fund of funds scheme. 10. No mutual fund scheme shall invest more than 10 per cent of its NAV in the equity shares or equity related instruments of any company. Provided that the limit of 10 per cent shall not be applicable for investments in the case of index fund or exchange traded fund or sector or industry specific scheme. 11. All investments by a mutual fund scheme in equity shares and equity related instruments shall only be made provided such securities are listed or to be listed. 12. Save as otherwise expressly provided under SEBI (MF) Regulations, the Mutual Fund shall not advance any loans for any purpose. 13. The mutual fund shall not borrow except to meet temporary liquidity needs of the mutual funds for the purpose of repurchase, redemption of units or payment of interest or IDCW to the unitholders. Provided that the mutual fund shall not borrow more than 20 per cent of the net asset of the scheme and the duration of such a borrowing shall not exceed a period of six months. These investment limitations / parameters (as expressed / linked to the net asset / net asset value / capital) shall in the ordinary course apply as at the date of the most recent transaction or commitment to invest, and changes do not have to be effected merely because, owing to appreciations or depreciations in value, or by reason of the receipt of any rights, bonuses or benefits in the nature of capital or of any scheme of arrangement or for amalgamation, reconstruction or exchange, or at any repayment or redemption or other reason outside the control of the Fund, any such limits would thereby be breached. If these limits are exceeded for reasons beyond its control, TAMPL shall adopt as a priority objective the remedying of that situation, taking due account of the interests of the Unitholders. In addition, certain investment parameters (like limits on exposure to Industries, Companies, etc.) may be adopted internally by TAMPL, and amended from time to time, to ensure appropriate diversification / security for the Fund. The Trustee Company / TAMPL may alter these above stated limitations from time to time, and to the extent the SEBI (Mutual Funds) Regulations, 1996 change, to permit the Scheme to make its investments in the full spectrum of permitted investments for mutual funds to achieve its investment objective. As such all investments of the Scheme will be made in accordance with SEBI (Mutual Funds) Regulations, 1996, including Schedule VII thereof. (CSO 19) C. Fundamental Attributes (CSO 59) (SO 08) Following are the Fundamental Attributes of the scheme, in terms of Regulation 18 (15A) of the SEBI (MF) Regulations: (i) Type of a scheme An open ended fund of fund scheme investing in units of passive equity mutual fund schemes in multiple sectors. (ii) Investment Objective (CSO 26) Page 23 of 52SID - Tata Multi Sector Passive FoF The investment objective of the scheme is to generate long term capital appreciation from a portfolio created by actively investing in units of passive Equity mutual fund schemes in multiple sectors. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns. Investment Pattern and Risk Profile: The tentative portfolio break-up with minimum and maximum asset allocation, while retaining the option to alter the asset allocation for a short-term period on defensive considerations has been given in paragraph “Asset Allocation Pattern.” (iii) Terms of Issue a) Liquidity: Repurchase/ Resale is at Net Asset Value (NAV) related prices with repurchase/ resale loads as applicable (within limits) as specified under SEBI Regulations 1996, While determining the price of the units, the fund will ensure that the repurchase price is not lower than 97 per cent of the Net Asset Value. Aggregate fees and expenses chargeable to the Scheme. (Refer section “C Annual Scheme Recurring Expenses” of Part III - Other Details for further details). b) The scheme does not provide any safety net or guarantee, nor does it provide any assurance regarding declaration of dividend. There is no guarantee or assurance that the scheme will achieve its’ objective. In accordance with Regulation 18(15A) of the SEBI (MF) Regulations, the Trustees shall ensure that no change in the fundamental attributes of the Scheme and the Plan(s) / Option(s) thereunder or the trust or fee and expenses payable or any other change which would modify the Scheme and the Plan(s) / Option(s) thereunder and affect the interests of Unitholders is carried out unless: i. SEBI has reviewed and provided its comments on the proposal. ii. A written communication about the proposed change is sent to each Unitholder and an advertisement is given in one English daily newspaper having nationwide circulation as well as in a newspaper published in the language of the region where the Head Office of the Mutual Fund is situated; and iii. The Unitholders are given an option for a period of at least 30 calendar days to exit at the prevailing Net Asset Value without any exit load. D. Index methodology (for index funds, ETFs and FOFs having one underlying domestic ETF) Not Applicable E. Principles of incentive structure for market makers (for ETFs) Not applicable, as the scheme is not an ETF. F. Floors and ceiling within a range of 5% of the intended allocation against each sub class of asset, as per clause 13.6.2 of SEBI master circular for mutual funds dated June 27, 2024 (only for close ended debt schemes) Not applicable, as the scheme is an open-ended scheme. G. Other Scheme Specific Disclosures Listing and Transfer of Units Listing Not applicable Currently the scheme is not listed. However, the trustees may review the same in future and list the units under the Scheme on one or more Stock Exchanges later subject to adherence of terms and conditions of Regulators/ Exchanges. Transfer of Units Units are freely transferable. Unitholders desirous of transferring units shall submit the transfer request in the prescribed form or convert his/her holding in non demat or demat mode. Any addition / deletion of name from the folio of the unitholder is deemed as transfer of unit. Transfer of unit(s) shall be subject to payment of applicable stamp duty by the unitholder(s) and applicable laws. The above provisions in respect of deletion of names will not be applicable in case of death of unitholder (in respect of joint holdings) as this is treated as transmission of units and not transfer. The units issued in Demat (electronic) form are transferable in accordance with the provisions of SEBI (Depositories and Participants) Regulations, as may be amended from time to time. Transfer would be only in favor of transferees who can hold units. The Fund will not be bound to recognize any other transfer. Page 24 of 52SID - Tata Multi Sector Passive FoF The delivery instructions for transfer of units will have to be lodged with the DP in the requisite form as may be required from time to time and transfer will be affected in accordance with such rules/regulations as may be in force governing transfer of securities in dematerialized mode. As per provision no. 14.4.4 of SEBI Master Circular on Mutual Fund dated June 27, 2024. All the units of a mutual fund scheme held in Demat form will be freely transferable. Please refer SAI for the procedure of transmission & pledging. Investors are requested to visit the funds website for the list of prescribed documents under any of the procedure or call the investors service centers for any clarification on the above. Dematerialization of Units Pursuant to provision no. 14.4.2 of SEBI Master Circular on Mutual Fund dated June 27, 2024 and further as per AMFI Circular No 35P/MEMCOR/ 35/11-12 dated Dec 23, 2011, Mutual Fund shall provide an option to investors to hold units in Demat mode. As per provision no. 14.4.4 of SEBI Master Circular on Mutual Fund dated June 27, 2024, all the units of a mutual fund scheme held in Demat form will be freely transferable. Minimum Target amount Rs 10 Crores (This is the minimum amount required to operate the scheme and if this is not collected during the NFO period, then all the investors would be refunded the amount invested without any return) Maximum Amount to be No upper limit. raised (if any) Dividend Policy (IDCW) Income Distribution if any, declared under the scheme shall be subject to available surplus. All unit holders whose names appear in the Register of the Scheme as on the Record Date will be entitled to the income distribution cum capital withdrawal. Income Distribution cum capital withdrawal declaration under the scheme is subject to the availability of distributable surplus and at the discretion of the Fund Manager, subject to approval of the trustees and no returns is assured under the scheme. All the income distribution cum capital withdrawal payments shall be in accordance and compliance with SEBI and Stock Exchange Regulations, as applicable from time to time Allotment (during NFO) Subject to the Scheme receiving the minimum subscription, full allotment will be made to all valid applications received during the New Fund Offer (NFO) period. Allotment of Units on Application shall be made in the following manner: For applicants applying through ASBA, on allotment, the amount will be unblocked in their respective bank accounts and account will be debited only to the extent required to pay for allotment of Units applied in the application form. At the discretion of the investors, the units under the Scheme shall either be allotted in dematerialized form (if investor has Demat account and he has provided the details of depository account in the application form) or by way of issuing the physical account statement. The investors who wish to hold units in Demat mode need to furnish the details of their depository account in the Application Form. The Units allotted in electronic form will be credited to the investor’s Beneficiary Account with a Depository Participant (DP) of CDSL or NSDL as per the details furnished by the investor in the Application Form within five business days from the close of the New Fund Offer. An Investor who has not provided Demat account details shall be issued an account statement specifying the number of units allotted. A statement of accounts specifying the number of units allotted to the applicant or issue units in the dematerialized form as soon as possible but not later than five working days from the date of closure of the initial subscription list or from the date of receipt of the application. Please note that where the investor has furnished the details of their depository accounts in the Application Form, it will be assumed that the investor has opted for allotment in electronic form and the allotment will be made only in electronic form as default. Kindly refer to clause “Account Statements” for provisions relating to dispatch of Account Statement. In case unit Page 25 of 52SID - Tata Multi Sector Passive FoF holder wishes to dematerialize the units, he/she shall comply with the procedures prescribed by the AMC / Depository from time to time. The process of allotment of Units will be completed within 5 (five) working / business days from the date of closure of the New Fund Offer Period. The units are freely transferable in demat or non demat mode. Transfer of units shall be subject to payment of applicable stamp duty by the unitholders and as per applicable laws. Unitholders desirous of transferring units shall submit the transfer request in the prescribed form and with other documents as may be mandated by AMC. The allotment of units is subject to realization of the payment instrument. Any application for subscription of units may be rejected if found incomplete or due to unavailability of underlying securities, etc. Allotment during continuous At the discretion of the investors, the units under the scheme shall either be allotted in dematerialized form (if offer for sale period. investor has Demat account and he has provided the details of depository account in the application form) or by way of issuing the physical account statement. The investors who wish to hold units in Demat mode need to furnish the details of their depository account in the Application Form. The Units allotted in electronic form will be credited to the investor’s Beneficiary Account with a Depository Participant (DP) of CDSL or NSDL as per the details furnished by the investor in the Application Form An investor who has not provided Demat account details shall be issued an account statement specifying the number of units allotted. A statement of accounts specifying the number of units allotted to the applicant or issue units in the dematerialized form as soon as possible but not later than five working days from the date of closure of the initial subscription list or from the date of receipt of the application. The units are freely transferable in demat or non demat mode. Transfer of units shall be subject to payment of applicable stamp duty by the unitholders and as per applicable laws. Unitholders desirous of transferring units shall submit the transfer request in the prescribed form and with other documents as may be mandated by AMC. Further, where the investor has furnished the details of their depository accounts in the Application Form, it will be assumed that the investor has opted for allotment in electronic form and the allotment will be made only in electronic form as default. In case unit holder wishes to dematerialize the units, he/she shall comply with the procedures prescribed by the AMC / Depository from time to time. The allotment of units is subject to realisation of the payment instrument. Any application for subscription of units may be rejected if found incomplete or due to unavailability of underlying securities, etc. Refund Refund of subscription money to applicants whose applications are invalid for any reason whatsoever, will be without incurring any liability whatsoever for interest or other sum. If the Fund fails to refund the amount within 5 business days, interest @15% per annum for delayed period shall be paid by the AMC. Refunds will be carried out electronically wherever CBS account nos., IFSC codes available or Direct Credit facility is available with the Bank else through refund orders marked “A/c. Payee Only” drawn in the name of the first applicant. Who can invest (CSO 36) Eligibility for Application (This is an indicative list, and The following persons (subject, wherever relevant to, purchase of Units being permitted under their respective investors are requested to constitutions and relevant State Regulations) are eligible to apply for the purchase of the Units: consult their financial advisor • Adult individuals, either singly or more than one (not exceeding three) on first holder basis or jointly on an to ascertain whether the either-or survivor/any one basis. scheme is suitable to their risk profile) • Parents or other lawful Guardians on behalf of Minors. AMC will follow uniform process ‘in respect of investments made in the name of a minor through a guardian’ by provision no. 17.6 of SEBI Master Circular on Mutual Fund dated June 27, 2024 and circular no. HO/IMD/POD-II/CIR/P/2023/0069 dated May 12, 2023 which states that payment for investment by any mode shall be accepted from the bank account of the minor, parent or legal guardian of the minor, or from a joint account of the minor with parent or legal guardian. For existing folios, the AMCs shall insist upon a Change of Pay-out Bank mandate before redemption is processed. Irrespective of the source of payment for subscription, all redemption proceeds shall be credited only in the Page 26 of 52SID - Tata Multi Sector Passive FoF verified bank account of the minor i.e., the account the minor may hold with the parent/legal guardian after completing all KYC formalities. • Companies, corporate bodies, public sector undertakings, trusts, wakf boards or endowments, funds, institutions, associations of persons or bodies of individuals and societies (including Co-operative Societies) registered under the Societies Registration Act, 1860 (so long as the purchase of Units is permitted under their respective constitutions). • Mutual Funds (including any Scheme managed by AMC or any Scheme of any other Mutual Fund); (in accordance with Regulation 44(1) read with Clause 4 of Schedule VII, of the Securities & Exchange Board of India (Mutual Funds) Regulations, 1996). • Asset Management Company (AMC); (in accordance with Regulation 25(17) of the Securities & Exchange Board of India (Mutual Funds) Regulations, 1996). • Partnership firms, in the name of the partners. • Hindu Undivided families (HUF) in the sole name of the Karta. • Financial and Investment Institutions/ Banks. • Army/ Navy / Air Force, paramilitary Units, and other eligible institutions. • Religious and Charitable Trusts provided these are allowed to invest as per statute and their by-laws. • Non-resident Indians/ persons of Indian origin residing abroad (NRIs) on a full repatriation basis or on non- repatriation basis. • Foreign Portfolio Investor (Foreign Portfolio Investor (FPI) as defined under Regulation 2(1)(h) of Security Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014. • International Multilateral Agencies approved by the Government of India. Compliance under Foreign Account Tax Compliance Act (FATCA) regulations: United States of America (US) has introduced chapter no. 4 in the US Internal Revenue Code as a part of the Hiring Incentives to Restore Employment (HIRE) Act, which was enacted by the US legislature to create employment opportunities in US. The HIRE Act includes the Foreign Account Tax Compliance Act (FATCA), which now forms a part of the US-IR Code. The regulations for FATCA have undergone revision since 2010 and the final regulations make the FATCA provisions effective from July 1, 2014. The objective of FATCA is to detect "US Persons", who evade US taxes by using financial account maintained outside US. The US persons are defined as those who have either US citizenship or US residency. The FATCA stipulates reporting on - i. US taxpayers about certain foreign financial accounts and offshore assets. ii. Foreign Financial Institutions (FFIs) about financial accounts with them of US taxpayers or foreign entities in which US taxpayers hold substantial ownership interest. FFIs (including mutual funds in India) are required to periodically report information on accounts of US persons, who maintain balances above a threshold. In the event of a default in the reporting of information on accounts of US taxpayers, a withholding of 30% of the payment made from US sources will be imposed on the recalcitrant account holders and non-participating Financial Institutions. SEBI vide its circular no. CIR/MIRSD/2/2014 dated June 30, 2014, has advised that Government of India and US Government have reached an agreement in substance on the terms of an Inter-Governmental Agreement (IGA) to implement FATCA and India is now treated as having an IGA in effect from April 11, 2014. Tata Asset Management Company private Limited (TAMPL) is classified as a Foreign Financial Institution (FFI) under the FATCA provisions and in accordance therewith, the AMC would be required to comply with the rules & regulations of FATCA, from time to time. To ensure compliance with FATCA and other rules / directions / notifications as may be issued by Government of India or other regulatory authority, Mutual Funds are required to institute a process to identify US Person investors and report the same. Applicants are required to refer to the “FATCA information” section in the application and mandatorily fill/sign off on the same. Applications without this information / declaration being filled/signed off will be deemed as incomplete and are liable to be rejected. Investors are requested to note that the contents of the information to be provided/ declaration in the application form may undergo a change on receipt of communication / guidelines from Government of India or AMFI or SEBI or any other regulatory authority. Common Reporting Standard (CRS) On similar lines of FATCA, the Organization of Economic Development (OECD), along with the G 20 countries, of which India is a member, has released a ‘Standard for Automatic Exchange of Financial Account Information in Tax matters. To combat the problem of offshore tax evasion and avoidance and stashing of unaccounted money Page 27 of 52SID - Tata Multi Sector Passive FoF abroad, the G 20 & OECD countries have together developed a common reporting standard(CRS) on automatic exchange of information(AEOI). On June 3,2015 India has joined the Multilateral Competent Authority Agreement(MCAA) on AEOI. The CRS on AEOI requires the financial institutions of the ‘source’ jurisdiction to collect and report information to their tax authorities about account holder’s ‘resident’ in other countries. The information to be exchanged relates not only to individuals, but also to shell companies and trusts having beneficial ownership or interest in the ‘resident’ countries. In view of India’s commitment to implement the CRS on AEOI and also the IGA with USA and with a view to provide information to other countries necessary legislative changes has already been made in Finance Act & by inserting Rules 114F to 114H and Form 61B to provide a legal basis for the Reporting Financial Institutions (RFIs) for maintaining and reporting information about the reportable accounts. Applicants are required to refer to the “FATCA/CRS information” section in the application and mandatorily fill/sign off on the same. Applications without this information / declaration being filled/signed off will be deemed as incomplete and are liable to be rejected. Investors are requested to note that the contents of the information to be provided/ declaration in the application form may undergo a change on receipt of communication / guidelines from Government of India or AMFI or SEBI or any other regulatory authority. With the change in guidelines, investors may be called for additional information required by the law. Investors are requested to keep Mutual Fund updated with a change in information already submitted by them with Mutual Fund. FATCA provisions are relevant not only at the on-boarding stage of investor(s)/unit holder(s) but also throughout the life cycle of investment with the Fund/the AMC. In view of this, Investors should immediately intimate to the Fund/the AMC, in case of any change in their status with respect to FATCA/CRS related declaration provided by them previously. Subject to the Regulations and other applicable laws, the AMC / Trustee may reject any application for subscription and/or redemption of units if found incomplete or due to unavailability of underlying securities, etc. Investors(s)/Unit holder(s) should consult their own tax advisors to understand the implications of FATCA/CRS provisions /requirements. Who cannot invest Applicants who cannot Invest. • A person who falls within the definition of the term “U.S” Person” under the US Securities Act of 1933 and corporations or other entities organized under the laws of the U.S. • A person who is resident of Canada. • OCB (Overseas Corporate Bodies) as defined under Income Tax Act, 1061 and under Foreign Exchange Management Act, 1999. Any person /entity who is restrained/ prohibited/ debarred by any Regulators / Law Enforcement Agencies for investment in capital market. The Fund reserves the right to include / exclude new / existing categories of investors to invest in the scheme from time to time, subject to SEBI Regulations and other than prevailing statutory regulations, if any. If a person resident of India at the time of subscription becomes a person resident outside India subsequently, shall have the option to either be paid Redemption value of Units, or continue into the Scheme if he/ she so desires and is otherwise eligible. However, the person who desires to continue in the Scheme shall not be entitled to any interest or any compensation during the period it takes for the Fund to record the change in Address and Residential Status. Notwithstanding the aforesaid, the Trustee Company reserves the right to close the Unitholder account and to pay the Redemption value of Units, subsequent to his becoming a person resident outside India, should the reasons of expediency, cost, interest of Unitholders and other circumstances make it necessary for the Fund to do so. In such an event, no resident Unitholders who have subsequently become resident outside India shall have a right to claim the growth in capital and/ or income distribution. This scheme has not been registered in any country outside India. To ensure compliance with any Laws, Acts, Enactments, etc. including by way of Circulars, Press Releases, or Notifications of Government of India, the Fund may require/give verification of identity/any special/additional subscription-related information from /of the Unitholders(which may result in delay in dealing with the applications, Units, benefits, distribution, etc./giving subscription details, etc.). Each Unitholder must represent and warrant to the Trustee Company/AMC that, among other things, he is able to acquire Units without violating applicable laws. The Trustee Company will not knowingly offer or sell Units to any person to whom such offer, or sale would be unlawful, or might result in the Fund incurring any liability or suffering any other pecuniary disadvantages which the Fund might not otherwise incur or suffer. Units may not be held by any person in breach of the law or requirements of any governmental, statutory authority including, without limitation, Exchange Control Regulations. The Trustee company may compulsorily redeem any Units held directly or beneficially in contravention of these prohibitions. In view of the individual nature of investment portfolio and its consequences, each Unitholder is advised to consult his/her own professional advisor Page 28 of 52SID - Tata Multi Sector Passive FoF concerning possible consequences of purchasing, holding, selling, converting or otherwise disposing of the Units under the laws of his/her State/country of incorporation, establishment, citizenship, residence or domicile. How to Apply and other Investors can obtain application forms from either Investor Service Centers (ISCs) / Official Points of Acceptance details (CSO 35) (OPAs) of AMC or can be downloaded from the website of AMC. Functional weblink: Kindly visit https://www.tatamutualfund.com/forms. Please refer to the SAI and Application form for the instructions. Link for the list of official points of acceptance, collecting banker details etc. Functional weblink: Kindly visit https://www.tatamutualfund.com/statutory-disclosures/other-statutory-disclosures. Details of R&T are as under: Computer Age Management Services (Private) Limited (CAMS), SEBI registration number INR000002813, Unit: Tata Mutual Fund. 178/10 Kodambakkam High Road, Opp. Hotel Palm grove Nungambakkam,Chennai-600 034 Website: www.camsonline.com, Email: service@tataamc.com (Tata Mutual Fund Email Address), Telephone : (022) 6282 7777 (Monday to Saturday 9:00am to 5:30pm) The Registrar has set up a special Investor service cell for quick redressal of Unitholder grievances (if any). All correspondence, including change in the name, address, designated bank account number and bank branch, Account Statement, should be addressed to: Computer Age Management Services (Private) Limited (CAMS), 148, OLD Mahabalipuram Road, Okkiyam Thuraipakkam, Chennai - 600 097. Email: service@tataamc.com (Tata Mutual Fund Email Address), Telephone (022) 6282 7777 (Monday to Saturday 9:00am to 5:30pm). KYC is mandatory for investing in the Scheme. Non individual category of investors is required to furnish details of the Ultimate Beneficial Owner(s) (‘UBO’) and submit proof of identity (viz. PAN with photograph or any other acceptable identity proof prescribed in common KYC form). For ongoing purchase and redemption, applications completed in all respects must be submitted only at the Investors Service Centers as mentioned on the back cover page of the respective scheme SID. All investment cheques should be current dated. Investors are required to note that it is mandatory to mention their bank account numbers in their applications/requests for redemption. Duly filled application form can be submitted at branch offices of Tata Asset Management Pvt Ltd or at Registrar and Transfer Agent (R&T). For details on OPAs, R&T & Collecting Banker, please refer to the back cover page of this Scheme Information Document. Investors can also subscribe to the units from the official website of the AMC i.e., www.tatamutualfund.com. Official Points of Acceptance of Transaction through MF utility & MF Central Investors are requested to visit the website of MFUI i.e., www.mfuindia.com to download the relevant forms. The policy regarding reissue The number of Units held by the Unit holder under his folio /Demat Account will stand reduced by the number of of repurchased units, Units redeemed. Presently, the AMC does not intend to reissue the repurchased units. However, the Trustee including the manner of reserves the right to reissue the repurchased units later after issuing adequate public notices and taking reissue, the entity (the approvals, if any, from SEBI. scheme or the AMC) involved in the same. Restrictions, if any, on the Units are freely transferable. Unitholders desirous of transferring units shall submit the transfer request in the right to freely retain or prescribed form or convert his/her holding in non demat or demat mode. Any addition / deletion of name from the dispose of units being offered. folio of the unitholder is deemed as transfer of unit. Transfer of unit(s) shall be subject to payment of applicable stamp duty by the unitholder(s) and applicable laws. (CSO 57) The above provisions in respect of deletion of names will not be applicable in case of death of unitholder (in respect of joint holdings) as this is treated as transmission of units and not transfer. Page 29 of 52SID - Tata Multi Sector Passive FoF The unit holders have an option to hold the units in demat form in addition to the account statement as per the current practice. Unit holders who wish to trade in units would be required to have a demat account. The units issued in Demat (electronic) form are transferable in accordance with the provisions of SEBI (Depositories and Participants) Regulations, as may be amended from time to time. Transfer would be only in favor of transferees who can hold units. The Fund will not be bound to recognize any other transfer. The delivery instructions for transfer of units will have to be lodged with the DP in the requisite form as may be required from time to time and transfer will be affected in accordance with such rules/regulations as may be in force governing transfer of securities in dematerialized mode. As per provision no. 14.4.4 of SEBI Master Circular on Mutual Fund dated June 27, 2024. All the units of a mutual fund scheme held in Demat form will be freely transferable. Please refer SAI for the procedure of transmission & pledging. Investors are requested to visit the funds website for the list of prescribed documents under any of the procedures or call the investors service centers for any clarification on the above. There is no upper limit of redemption. However, this is subject to the following: a) The repurchase would be permitted to the extent of credit balance in the Unit holder’s account. b) The Asset Management Company (AMC) may, in the general interest of all Unit holders of the Scheme, keep in view the unforeseen circumstances/unsure conditions, limit the total number of Units which may be redeemed on any Business Day. Restrictions may be imposed under the following circumstances that lead to a systemic crisis or event that severely constricts market liquidity or the efficient functioning of markets. a) Liquidity issues - When markets at large become illiquid, affecting all securities rather than any issuer specific security. b) Market failures, exchange closures - When markets are affected by unexpected events which impact on the functioning of exchanges or the regular course of transactions. Such unexpected events could also be related to political, economic, military, monetary or other emergencies. c) Operational issues - When exceptional circumstances are caused by force majeure, unpredictable operational problems, and technical failures (e.g., a blackout). Under the aforesaid circumstances, the AMC / Trustee may restrict redemption for a specified period of time not exceeding 10 working days in any 90 days period. Any imposition of restriction on redemption / switch of units would require specific approval of Board of AMCs and Trustees and the same should be informed to SEBI immediately. Unitholders should note that the following provisions shall be applicable when redemption requests are placed during such restricted period. i) No redemption requests up to Rs. 2 lakh shall be subject to such restriction and ii) Where redemption requests are above Rs. 2 lakh, AMCs shall redeem the first Rs. 2 lakh without such restriction and remaining part over and above Rs. 2 lakh shall be subject to such restriction. Cut off timing for Applicable NAV for Subscription / Switch-in :Cut Off Timing 3.00 pm subscriptions / redemptions/ switches. Particulars Applicable NAV This is the time before which Valid applications received (time-stamped) upto 3.00 p.m. and where the The closing NAV of the your application (complete in funds for the entire amount are available for utilization before the cut-off time same day. all respects) should reach the i.e., credited to the bank account of the scheme before the cut-off time. official points of acceptance. Valid applications received (time-stamped) after 3.00 p.m. and where the The closing NAV of the next funds for the entire amount are credited to the bank account of the scheme Business Day. either on the same day or before the cut-off time of the next Business Day i.e., available for utilization before the cut-off time of the next Business Day. Valid applications received (time-stamped) upto 3.00 p.m. and where the The closing NAV of the next funds for the entire amount are credited to the bank account of the scheme Business Day. after the cut-off time on the same day i.e., available for utilization after the cut-off time of the Day. Page 30 of 52SID - Tata Multi Sector Passive FoF Where the application is time stamped any day before the credit of the funds The closing NAV of such to the scheme but the funds for the entire amount are credited to the bank subsequent Business Day account of the scheme before the cut-off time on any subsequent Business on which funds are Day i.e., available for utilization before the cut-off time on that Business Day. available for utilization. Realisation of funds means funds available to the AMC Scheme and not date and time of debit from Investor’s account. In case application is time stamped after cut off timing on any day, the same will be considered as deemed to be received on the next business day. In case funds are realised after cut-off timing on any day, the same will be considered as deemed to be realised / available for utilisation on the next business day. For Switch-ins including Systematic Investment Plan (SIP), Systematic Transfer Plan (STP) of any amount: For determining the applicable NAV, the following shall be ensured: ➢ Application for switch-in is received before the applicable cut-off time. ➢ Funds for the entire amount of subscription / purchase as per the switch-in request are credited to the bank account of the Scheme before the cut-off time, and the funds are available for utilization before the cut-off time. ➢ In case of switch/STP transactions, funds will be made available for utilization in the switch-in-scheme based on the redemption payout cycle of the switch out Scheme Redemption /Switch Out: In respect of application received upto 3 p.m., closing NAV of the day of receipt of application shall be applicable and in respect of application received after 3 p.m. closing NAV of next business day. Outstation cheques/demand drafts will not be accepted. Valid application for “switch out” shall be treated as redemption and for “switch in” shall be treated as purchases and the relevant NAV of “Switch in” and “Switch Out” shall be applicable accordingly. Minimum amount for Regular Plan (For applications routed through Distributors) & Direct Plan (For applications not routed Purchase / Redemption / through Distributors): switch out Minimum Amount for Purchase / switch in: Rs 5,000/- and in multiple of Re.1/- thereafter. There is no minimum amount requirement, in case of investors opting to switch “all units” from any existing schemes of Tata Mutual Fund to this Scheme. Minimum Additional Purchase Amount Rs.1,000/- and in multiples of Re.1/- thereafter. There is no minimum amount requirement, in case of investors opting to switch “all units” from any existing schemes of Tata Mutual Fund to this Scheme. Minimum Redemption Amount Rs. 500 or 50 units or folio balance whichever is lower. Minimum balance to be There is no minimum balance requirement for the scheme. (CSO 36) maintained and consequences of non- maintenance. Accounts Statements (CSO The AMC will send an allotment confirmation specifying the units allotted by way of email and/or SMS within 5 60) (SO 18) working days of receipt of valid application/transaction to the Unit holders registered e-mail address and/ or mobile number (whether units are held in demat mode or in account statement form). A Consolidated Account Statement (CAS) detailing all the transactions across all mutual funds (including transaction charges paid to the distributor) and holding at the end of the month shall be sent to the Unit holders in whose folio(s) transaction(s) have taken place during the month by mail or email on or before 15th of the succeeding month. Half-yearly CAS shall be issued at the end of every six months (i.e., September/ March) on or before 21st day of succeeding month, to all investors providing the prescribed details across all schemes of mutual funds and securities held in dematerialized form across demat accounts, if applicable Page 31 of 52SID - Tata Multi Sector Passive FoF As per SEBI Circular no SEBI/HO/MRD/PoD1/CIR/P/2025/16 dated February 14, 2025, the following timelines will be applicable for sending of CAS with effect from May 14th, 2025: 1. The CAS shall be dispatched to investors who have opted for delivery via electronic mode, within twelve (12) days from the month end and to investors who have opted for delivery via physical mode, within fifteen (15) days from the month end. 2. If there is any transaction in any of the demat accounts of the investor or in any of his mutual fund folios, then CAS shall be sent to that investor through email on monthly basis. In case there is no transaction in any of the mutual fund and demat accounts then CAS with holding details shall be sent to the investors by email on half yearly basis. In such cases, the CAS shall be dispatched to those investors who have opted for delivery via electronic mode, on or before the eighteenth (18th) day of April and October and to investors who have opted for delivery via physical mode, on or before the twenty-first (21st) day of April and October. However, where an investor does not wish to receive CAS through email, option shall be given to the investor to receive the CAS in physical form at the address registered with the Depositories and the AMCs/MF-RTAs. For further details, refer SAI. Dividend / IDCW The payment of the dividend to the unitholders shall be made within seven working days from the record date. The above timelines are subject to the list of exceptional circumstances as specified by SEBI or AMFI from time to time. The redemption proceeds will be dispatched to the unit holders within three working days from the date of Redemption redemption or repurchase. The redemption cheque will be issued in the name of the first unitholder. The above revised timelines are subject to the list of exceptional circumstances specified as per provision no. 14.1.3 of SEBI Master Circular on Mutual Fund dated June 27, 2024. Page 32 of 52SID - Tata Multi Sector Passive FoF Sr Exceptional Situations Additional Timelines Allowed No (i) Payment of redemption proceeds through physical Additional 2 working days instruments (cheque / DD) where electronic fund transfer is not possible (such as old / non-Core Banking account / IFSC non-available records / IMPS failed records for reasons like name mismatch*, technical error / Investor Bank not participating in Electronic Fund transfers or failure of electronic credit for any reason which are at the bank’s end. * Name mismatch typically occurs where the bank account is held jointly, but the 1st holder in MF Folio may not be first holder in the bank account or the investor’s name in MF folio and his/her bank account may not be exactly identical e.g., MF folio is held by A+B, but the bank account is in the name of B +A; OR the name as per bank a/c & MF folio are recorded a bit differently e.g., (i) Given Name + Middle Name + Surname (ii) Given Name + Surname (iii) Surname + Given Name etc. Note: When payment is made through cheque / DD, the investor’s bank account details registered with the RTA shall be printed on the cheque/DD, so that the amount is paid only through the investor’s bank account to mitigate the risk of fraudulent encashment. (ii) On such days, it is a bank holiday in some or all the Additional 1 working day following states, but a business day for the stock exchanges. the bank holiday(s) in the State where the investor has a bank account. (iii) Exceptional circumstances such a sudden declaration In all such exceptional situations, of a business day as a holiday (as it happened on the the timelines prescribed in day the famous singer Lata Mangeshkar passed away) provision no. 14.1 & 14.2 of SEBI or as a non-business day due to any unexpected reason Master Circular on Mutual Fund / Force Majeure events. dated June 27, 2024 shall be counted from the date the situation becomes normal. (iv) In all such cases where a request for Change of Bank In all such cases, the AMCs / account (COBM) has been received just prior to (up to RTAs can make the redemption 10 days prior) OR simultaneously with redemption payment after the cooling off request. period of 10 days from the date of receipt of COBM. The redemption transaction shall be processed as per the applicable NAV on the basis time stamp. The credit may either be given in the existing bank account or the new bank account post due diligence within 1 working day after cooling off period. (v) Need for additional due diligence in instances such as Additional 3 working days Transmission reported in one fund, but not in the current fund, proceedings by Income Tax authorities, Folio under lock/bank lien etc. (vi) Redemption in case of funds where payout schedule of Additional 1 working day after underlying instruments/ funds is different e.g., Domestic receiving proceeds from Fund of Funds, Overseas funds, Overseas FOF underlying instruments/ schemes for electronic payouts. Page 33 of 52SID - Tata Multi Sector Passive FoF scheme, wherein the redemption proceeds can be paid {For physical payouts, i.e., after 1 day of payout schedule. issuance and dispatch of cheque/ DD, additional days as per (i) above would also be allowed, after receiving proceeds from underlying instruments/ schemes}. For example, in case of Domestic FoFs, where funds are received on T+3 days, timeline applicable would be. a) T+4 days for electronic payment; and b) T+6 days physical payout. Redemption proceeds will be paid by cheques, marked "Account Payee only" and drawn in the name of the sole holder/first-named holder (as determined by the records of the Registrar). For units held in demat form : Unitholders should submit their valid redemption request to their Depository Participant (DP). The redemption proceeds will be credited to the bank account of the Unitholder, as per the bank account details recorded with the DP through electronic modes or by forwarding a Cheque / Draft. Bank Mandate (CSO 61) (SO It shall be mandatory for the Unitholders to mention their bank account numbers in the applications/requests for 19) redemptions. Unitholders are requested to give the full particulars of their Bank Account i.e., nature and number of account, name, Account Number, Nine-digit MICR code No. (For Electronic Credit Facility), IFSC code for (Bank Account Details) NEFT a 11-digit number, branch address of the bank at the appropriate space in the application form. Uniform Procedure for Change of Bank Details (COB) and Change of Address (COA) To protect the interest of the investors and mitigate the risks arising due to of increasingly fraudulent attempts by external elements by changing the address and/or bank details of the genuine investor, uniform process for carrying out change of bank and change of address is recommended by NISM committee. Tata Mutual Fund (TMF) has adopted the following process for Change of Bank Mandate (COB) and Change of Address (COA) in line with the AMFI circular 135/BP/17/10-11 dated October 22, 2010 and 135/BP/26/11-12 dated March 21, 2012. A. Documents required for Change of Bank Mandate (COB ) 1. Transaction slip/Request letter from investor And 2. Proof of New Bank Mandate : Original of any one of the following documents or originals should be produced for verification or copy should be attested by the Bank: • Cancelled original cheque of the new bank mandate with first unit holder name and bank account number printed on the face of the cheque. OR • Self-attested copy of not older than 3 months bank statement containing the first unit holder name and bank account number. OR • Bank passbook with current entries not older than 3 months containing the first unit holder name and bank account number. OR • Original Bank Letter on the letter head containing the first unit holder name and bank account number duly signed by branch manager/authorized personnel with name, employee code and bank seal. And 3. Proof of Existing Bank Mandate : Original of any one of the following documents or copy should be attested by the Bank or originals should be produced for verification: • Cancelled original cheque with first unit holder name and bank account number printed on the face of the cheque. OR • Original bank account statement / Passbook containing the first unit holder name and bank account number. OR • Original letter issued by the bank on the letter head confirming the bank account holder name with the account details, duly signed by the Branch Manager with name, employee code and bank seal. OR Page 34 of 52SID - Tata Multi Sector Passive FoF • In case such a bank account is already closed, an original letter on the letter head of such bank duly signed by the Branch Manager with name, employee code and bank seal, confirming the closure of said account. B. Documents required for Updation of Bank Mandate (pertains to the period when bank details were not mandatory) 1. Transaction slip/Request letter from investor and 2. Proof of New Bank Mandate Original of any one of the following documents or originals should be produced for verification or copy should be attested by the Bank: • Cancelled original cheque of the new bank mandate with first unit holder name and bank account number printed on the face of the cheque. OR • Self-attested copy of not older than 3 months bank statement containing the first unit holder name and bank account number. OR • Bank passbook with current entries not older than 3 months containing the first unit holder name and bank account number. OR • Original Bank Letter on the letter head containing the first unit holder name and bank account number duly signed by branch manager/authorized personnel with name, employee code and bank seal. And 3. Proof of Identity: Only PAN card copies if PAN is updated in the folio, or PAN/ other proof of identity (as per KYC guidelines) if PAN is not updated in the folio. Important Note: Unitholders may note that a minimum of 10 days prior notice is required for change/updation of bank account details. In case prior notice for change of bank account details is not provided at least 10 days prior to the date of redemption then the payment of redemption proceeds may be paid out to the existing bank account. For unit holders where the units are held in demat, please ensure that the bank account details linked with the demat account is updated. Maturity payment would be made as per the bank account details as provided by the Depository Participant. A. Documents required for Change of Address (COA) KYC not complied Folios/Clients: 1. Transaction slip/Request letter from investor And 2. Proof of New Address (as per KYC guidelines) And 3. Proof of Identity: Only PAN card copies if PAN is updated in the folio, or PAN/ other proof of identity (as per KYC guidelines) if PAN is not updated in the folio. Unitholders may note that copies of all the documents submitted should be self-attested and accompanied by originals for verification. In case the original of any document is not produced for verification, then the copies should be properly attested / verified by entities authorized for attesting/verification of the documents as per extant KYC guidelines. II) Restriction on Acceptance of Third Party Payments for Subscription of units of schemes of Tata Mutual Fund: In pursuance to Best Practice Guidelines issued by Association of Mutual Funds in India [AMFI] Vide Circular No.135/BP/16/10 dated August 16th 2010 for acceptance of Third party cheques, Tata Asset Management Pvt Ltd has decided not to accept subscriptions with Third-Party cheques, For details kindly refer Statement of Additional Information (SAI). AMC will be liable to pay interest to the unitholders at rate as specified vide clause 14.2 of SEBI Master Circular Delay in payment of for Mutual Funds dated June 27, 2024 by SEBI for the period of such delay, subject to exceptional redemption / Repurchase circumstances as mentioned in this document. proceeds / dividend Income distribution cum capital withdrawal Page 35 of 52SID - Tata Multi Sector Passive FoF In case of failure to dispatch income distribution cum capital withdrawal proceeds within seven working days from the record date, the AMC shall be liable to pay interest to the Unit Holders at such rate as may be specified by SEBI for the period of such delay (presently @ 15% per annum). Redemption In case of failure to despatch redemption proceeds within three working days, the AMC shall be liable to pay interest to the Unit Holders at such rate as may be specified by SEBI for the period of such delay (presently @ 15% per annum). Treatment of Unclaimed dividend and redemption amounts (CSO 52) Unclaimed Redemption and Income Distribution cum In accordance with provision no. 14.3 of SEBI Master Circular on Mutual Fund dated June 27, 2024, the unclaimed Capital Withdrawal (IDCW) Redemption amount and dividend amount may be deployed by the Mutual Fund in call money market or money Amount market Instruments as well as in a separate plan or liquid scheme/money market mutual fund scheme floated by mutual funds. Investors who claim these amounts during a period of three years from the due date shall be paid initial unclaimed amount along with the income earned on its deployment. Investors who claim these amounts after 3 years, shall be paid initial unclaimed amount along with the income earned on its deployment till the end of the third year. After the third year, the income earned on such unclaimed amounts shall be used for the purpose of investor education. AMC will play a proactive role in tracing the rightful owner of the unclaimed amounts considering the steps suggested by regulator vide the referred circular. Further, AMC will not charge any exit load in this plan and TER (Total Expense Ratio) of such plan shall be capped at 50 bps. Disclosure w.r.t investment by Uniform process shall be applicable for investments made in the name of minor through a guardian: minors (CSO 37) In case of application in the name of minor, the minor must be the first and the sole holder. No joint holder will be allowed with the Minor as the first or sole holder. The Guardian of the minor should either be a natural guardian (i.e., father or mother) or a court appointed legal guardian. A copy of birth certificate, passport copy, etc. evidencing date of birth of the minor and relationship of the guardian with the minor, should be mandatorily attached with the application. i. AMC will follow uniform process ‘in respect of investments made in the name of a minor through a guardian’ by provision no. 17.6 of SEBI Master Circular on Mutual Fund dated June 27, 2024. Further,, payment for investment by any mode shall be accepted from the bank account of the minor, parent or legal guardian of the minor, or from a joint account of the minor with parent or legal guardian. For existing folios, the AMCs shall insist upon a Change of Pay-out Bank mandate before redemption is processed. Irrespective of the source of payment for subscription, all redemption proceeds shall be credited only in the verified bank account of the minor i.e., the account the minor may hold with the parent/legal guardian after completing all KYC formalities. ii. Upon the minor attaining the status of major/attaining 18 years of age, the minor in whose name the investment was made, shall be required to complete the CKYC process and provide PAN, all the KYC details, FATCA details, updated bank account details including cancelled original cheque leaf with the name of major printed over it and by filling up a prescribed attaining Major status available on our website. No further transactions shall be allowed till the status of the minor is changed to major. iii. Any instructions registered for Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), Systematic Withdrawal Plan (SWP) etc. shall be suspended when the minor attains majority, till the status is changed to major. iv. The major may update Nomination in favour of an individual. Restriction on Acceptance of Third-Party Payments for Subscription of units of schemes: Application with third party cheque / third party bank account will be rejected except following which allowed under extant regulations / AMFI Guidelines. a) Payment by Employer on behalf of employee through Payroll deductions. or deductions out of the expense reimbursements or in lieu of other payments., AMC shall take extra due diligence in terms of ensuring the authenticity of such arrangements from a fraud prevention & KYC perspective. Note: Association of Mutual Funds in India [AMFI] vide its Best Practice Guidelines no 135/BP/23/2011-12 dated 29th April 2011 has clarified that payment made by a guardian whose name is registered in the records of Mutual Fund in that folio will not be treated as a Third-Party Payment. Page 36 of 52SID - Tata Multi Sector Passive FoF Other Scheme related disclosures: Ongoing Offer Period The Scheme will reopen for subscriptions / redemptions, within 5 business days from the date of allotment. This is the date from which the scheme will reopen for subscriptions/redemptions after the closure of the NFO period. Ongoing price for subscription At the applicable NAV. (purchase)/switch-in (from other schemes/plans of the mutual fund) by investors. This is the price you need to pay for purchase/switch-in. Ongoing price for redemption At the applicable NAV subject to prevailing exit load, if any. (sale) / repurchase / switch Repurchase/ Resale is at Net Asset Value (NAV) related prices with repurchase/ resale loads as applicable (within outs (to other schemes/plans limits) as specified under SEBI Regulations 1996, While determining the price of the units, the fund will ensure of the Mutual Fund) by that the repurchase price is not lower than 97 per cent of the Net Asset Value. investors. The Trustee Company may, however, from time-to-time review and modify the repurchase load for each choice This is the price you will of investment. The Units if partially repurchased would be subtracted from the Unit balance of that Unitholder on receive for “First in First Out” basis i.e., the Units that were offered / allotted first would be the first to be repurchased. In case redemptions/switch outs. amount is withdrawn, the same will be converted into Units at the applicable Repurchase price / NAV related Example: If the applicable price and the number of Units so arrived at will be subtracted from the Unit balance of that Unitholder on “First in NAV is Rs. 10, exit load is 2% First Out” basis. The repurchase would be permitted to the extent of credit balance in the Unitholder’s account. then redemption price will be: The repurchase cheque will be issued in the name of the first unitholder. Rs. 10* (1-0.02) = Rs. 9.80 Under normal circumstances, the Fund will ensure that the repurchase cheques are dispatched within three business days from the date of processing the repurchase request on repurchase day. In the event of partial repurchase, the Fund shall dispatch the revised Account Statement by suitable mode as decided by AMC from time to time for the balance number of Units still being held by the Unitholder along with the repurchase cheque. Credit balances in the account of a Non- Resident Unitholder on maturity or otherwise, (where RBI final approval and any other approval (if any required) has been obtained) may be repurchased by the Fund by such Unitholder in accordance with the procedure described above and also subject to any procedures laid down by RBI and any other agency. Such repurchase proceeds will be paid by means of a Rupee cheque payable to the NRE/ NRO account of the Unitholder or subject to RBI procedures and approvals, such payment in Indian Rupees will be converted into US Dollars or into any other currency, as may be permitted by RBI, at the rate of exchange prevailing at the time of remittance and will be dispatched at the applicants’ risk, or at the request of the applicants’ will be credited to their NRE/ NRO Accounts, details of which are to be furnished in the space provided for this purpose in the Repurchase Form. The Fund will not be liable for any delays or for any loss on account of exchange fluctuations, while converting the rupee amount in US Dollar or any other currency. The Fund (if required) may also make arrangements to obtain RBI approvals on a case-by-case basis on behalf on the Unitholder, subject to the Unitholder providing the Fund with the necessary documents required. Special Products / facilities 1. Systematic Investment Plan (SIP) available The investors can benefit by investing specified Rupees amounts at regular intervals. The SIP allows the unitholders to invest a fixed amount of Rupees at regular intervals for purchasing additional units of the fund at NAV based prices. Investment can be done with the minimum / maximum amount and number of cheques specified by AMC from time to time. The cheques will be presented on the dates mentioned on the cheque and subject to realization. Investors may also register for SIP through One Time Mandate (OTM) form. The payment towards any future SIP instalments transactions received through any mode i.e. physical or electronic can be linked to the OTM form. Units will be allotted at the applicable NAV along with applicable load (if any). “SIP facility is available subject to terms and conditions. Please refer to the SIP Enrolment form for terms and conditions before enrolment.” SIP with Top-up SIP facility: Page 37 of 52SID - Tata Multi Sector Passive FoF SIP with Top-up SIP is a facility whereby an investor has an option to increase the amount of the SIP Instalment by a fixed amount at pre-defined intervals. This will enhance the flexibility of the investor to invest higher amounts during the tenure of the SIP. Terms and conditions of top-up SIP are as follows: The Top-up option must be specified by the investors while enrolling for the SIP facility. Please refer application form for the minimum SIP Top-up amount. The Top-up details cannot be modified once enrolled. To make any changes, the investor must cancel the existing SIP and enrol for a fresh SIP with Top-up option. Under monthly SIP investors can opt for top up amount at half-yearly and yearly intervals. If the investor does not specify the frequency, the default interval for Top-up will be considered as Yearly. In case of Quarterly SIP, investors can opt for only Yearly interval top-up frequency. For complete details regarding the SIP with top-up facility please refer to SIP Auto Debt Form with Top up facility enrolment form. 2. SIPrise facility: SIPrise is an optional facility offered by Tata Mutual Fund (TMF) for its eligible schemes (Growth option). This facility is aimed to encourage investors to invest regularly through Systematic Investment Plans (SIP) in TMF schemes for pre-defined tenure. Post SIP period (Investors have an option to select pause period) the accumulated units will be switched from the source scheme to the target scheme. Investors also have an option to select the source scheme as the target scheme. In this case, there would not be any unit transfer through systematic transfer plan (STP). The investor would receive periodic amount through systematic withdrawal plan (SWP) till the units are available. Tata Multi Sector Passive FOF is considered as eligible Source Scheme for “SIPrise” facility. The terms and conditions of this facility are as follows: a) Systematic Investment Plan (SIP) The SIPs registered under this facility would be subject to investment of minimum amount as specified in the KIM cum application form from time to time for the eligible source schemes. Default SIP trigger date under this facility will be the 10th calendar day of the month. In case, the trigger date falls on a non- business day, the SIP would be triggered on the next business day. The SIP will be registered for monthly frequency only. In case the SIP is terminated prior to the pre-defined tenure, STP and SWP will continue as defined in the initial request. In any case, the STP and SWP amount will be limited till the units are available. Existing units already available in the source scheme before opting for the SIPrise facility and any additional units added to the source scheme in any manner in addition to this facility will also be automatically moved to the Target scheme through the scheduled STPs till the units are available. The amount so moved to the target scheme would be on a first in first out (FIFO) basis. Any earlier option chosen by the investor earlier would automatically get revised to this extent. Top-Up SIP is allowed under this feature. The investor may choose to increase their SIP amount by Rs. 500 or multiples of Rs. 500. b) Systematic Transfer Plan (STP) A Systematic Transfer Plan (STP) will start one year prior to that of the SWP. Yearly STP amount will be equal to 15 times the monthly SWP amount from the target scheme or till the units are available. c) Systematic Withdrawal Plan (SWP) Investors need to choose the scheme (target scheme) from where the monthly SWP is required to be made to their registered bank account & the required periodic amount by means of withdrawal via systematic withdrawal plan (SWP) from target scheme. In case, the investors do not choose the desired SWP amount, they will receive the default SWP amount (likely amount to be withdrawn) which would be initial monthly SIP amount under this facility till the units last. The SWP will start after the SIP tenure or after the pause period, if any, as chosen by the investor. Page 38 of 52SID - Tata Multi Sector Passive FoF The SWP amount selected shall not be less than the initial SIP amount opted by the investor. Investors have an option to opt for pause after the SIP tenure as mentioned at the time of initial registration under this facility. The minimum pause period is 0 years. If the pause is not opted, the starting month (i.e. 1st trigger month) for SWP will be the subsequent month of the last SIP instalment month. Existing units already available before STP in the target scheme and additional units added to the target scheme will also form a part of the redemption proceeds through the scheduled SWP till the units are available. The SWP amount would be triggered on first in first out (FIFO) basis. The SWP date will be same as that of the SIP date. In case, the trigger date is a non- business day, the SWP will be made on the next business day. The SWP will be done from the Growth Options of eligible open-ended schemes of Tata Mutual Fund as stated in annexure to this addendum. The SWP will continue till the units are available in the scheme. Common Features Once opted for this facility investors / unitholders cannot change the Source scheme, target scheme, initial SIP Amount, SIP Tenure, Pause Period and required periodic SWP Amount. STP will be done when the target scheme is different from the source scheme at prevailing NAV in the respective scheme (s). Partial redemption or switch out of the units in the source or target scheme will not affect the SIP, STP & SWP already registered under this facility. Investors are required to note that the STP & SWP will be continued for the period chosen by the investor or till the units are available in the source and target scheme respectively. Investor has option to withdraw from this SIP facility at any stage by providing a separate request to discontinue/cease the SIP, STP & SWP registration. Minor/s are not eligible to register for this facility. Applications in the name of minors, filled in by guardians, will also not be accepted. This Facility is not available where units are in held in DEMAT mode. Pledged or Frozen Units will not be transferred (i.e. through STP). The same is also not available for withdrawal by the investor (i.e. through SWP) unless the investor / unitholder provides the necessary valid documents to prove that the pledge/freeze status has been withdrawn/changed. Investors can opt to withdraw through lumpsum either partially or in entirety till the units are available in the source and / or target scheme at any time during the tenure of this facility. Accordingly, the balance units will be considered for SIP, STP & SWP under this facility. Each STP & SWP will continue for the chosen amount or till units last. Default trigger date i.e. 10th calendar day of the month is only applicable for this facility. Tata Mutual Fund reserves the right to reject any application in case the investor does not fulfil any criteria of this facility All other terms & conditions of SIP, STP & SWP are also applicable to SIPrise. The AMC reserves the right to modify list of eligible schemes from time to time. Kindly note that apart from the above facility mentioned i.e. “SIPrise”, investor can opt for normal / existing SIP, STP & SWP facility as mentioned in respective Scheme Information Document. Disclaimers: 1. This facility does not in any way give assurance or guarantee returns or lump sum payments at the end of the SIP period or thereafter. 2. The payouts to the investors are made only by means of redeeming the units/corpus available in the investor’s folio at NAV and subject to load, if any. 3. Tata Mutual Fund does not in any way assure or guarantee payouts, beyond available units/corpus in the scheme/s folio. 4. Investors should consult their financial advisors if in doubt about whether the facility is suitable for them. 5. The investor is advised to consult their tax consultant with respect to specific tax implications arising out of their participation in the facility 3. Systematic Withdrawal Plan (SWP) Page 39 of 52SID - Tata Multi Sector Passive FoF This facility available to the unitholders of the fund enables them to redeem fixed sums or fixed number of units from their unit accounts at periodic intervals. The amount withdrawn under SWP by redemption shall be converted into the Fund units at the Repurchase price and such units will be redeemed / subtracted from the unit balance of that unitholder. In case the date falls during a non-business day / book closure period the immediate next Business Day will be considered for this purpose. The Authorised Investor Service Center may terminate SWP on receipt of a notice from the unitholder. It will terminate automatically if all units are liquidated or withdrawn from the account or upon the receipt of notification of death or incapacity of the unitholder. “SWP facility is available subject to terms and conditions. Please refer to the SWP Enrolment form for terms and conditions before enrolment.” 4. Systematic Transfer Plan (STP) A unitholder may establish a Systematic Transfer Plan (STP) and choose to transfer an amount from one TMF Scheme (Source Scheme) to another TMF Scheme (Target Scheme) on a date / frequency prescribed by the Investment Manager. The amount thus withdrawn by redemption shall be converted into units at the applicable NAV on the scheduled day and such units will be subtracted from the unit balance of that unitholder. The net amount will be considered for allotment in the target scheme and units will be allotted as per the applicable NAV of the target scheme. Unitholders may change the amount of STP. However, the STP amount selected cannot be below the specified minimum redemption amount of the source scheme and should meet the minimum investment amount criteria of the target scheme. A change in STP amount can be done by giving two weeks prior written notice to the registrars. STP may be terminated automatically if the balance falls below the minimum account balance or upon the receipt of notification of death or incapacity of the unitholders by the fund. Rules relating to the plan may be changed from time to time by the Investment Manager. “STP facility is available subject to terms and conditions. Please refer to the STP Enrolment form for terms and conditions before enrolment.” For further details and terms and condition on special products, please refer KIM cum application form. Flex STP Flexible Systematic Transfer Plan (“Flex STP”) by Tata Mutual Fund is a facility wherein a Unitholder(s) of designated open-ended Scheme(s) can opt to transfer variable amounts linked to the value of his investments on the date of transfer at pre-determined intervals from designated open-ended (source scheme) to the growth option of another open-ended scheme (target scheme). Salient Features of Flex STP are as follows: 1. The amount to be transferred under Flex STP from source scheme to target scheme shall be calculated using the below formula: Flex STP amount = [(fixed amount to be transferred per instalment x number of instalments already executed, including the current instalment)–- market value of the investments through Flex STP in the Transferee Scheme on the date of transfer] 2. The first Flex STP instalment will be processed for the fixed instalment amount specified by the investor at the time of enrolment. From the second Flex STP instalment onwards, the transfer amount shall be computed as per formula stated above. 3. Under “Flex STP” facility, Tata Multi Sector Passive FoF is enabled as Source as well as Target Scheme. 4. Flex STP would be available for Quarterly, Monthly, Weekly and Daily frequencies. 5. Flex STP is not available from “Daily / Weekly” income distribution plans of the source schemes. 6. Flex STP is available only in “Growth” option of the target scheme. 7. Conversion to Normal STP: If there is any other financial transaction (purchase, redemption or switch) processed in the target scheme during the tenure of Flex STP, the Flex STP will be processed as normal STP for the rest of the instalments for a fixed amount. 8. Flex STP will stop/cease on occurrence of any of the following event whichever is earlier. a. Flex STP will cease after the specified End Date / Specified number of instalments have been transferred. b. In case the amount (as per the formula) to be transferred is not available in the source scheme in the investor’s folio, the residual amount will be transferred to the target scheme and Flex STP will be closed. 9. A single Flex STP enrolment Form can be filled for transfer into one Scheme/Plan/Option only. Page 40 of 52SID - Tata Multi Sector Passive FoF 10. In case the date of transfer falls on a Non-Business Day, then the immediately following Business Day will be considered for the purpose of determining the applicability of NAV. 11. The request for Flex STP should be submitted at least 10 calendar days before the first STP date. 12. All other terms & conditions of Systematic Transfer Plan are also applicable to Flex STP. Flex STP is a Systematic Withdrawal Plan (SWP) from Source Scheme and Systematic Investment Plan (SIP) in the Target scheme, therefore in the source scheme the exit load for the units will be as per the load structure applicable at the time of the purchase of those units. In the Target scheme the load structure will be as per the prevailing exit Load structure applicable for the SIP for that scheme. Systematic Transfer from one scheme to another scheme attracts capital gain tax depends on the periodicity of holding. In view of the individual nature of tax implications, each unit holder is advised to consult with his or her own tax advisors with respect to the specific tax and other implications arising out of the transactions. The AMC reserves the right to withdraw/change/modify the terms and conditions of Flex STP. The above terms and conditions may be modified at any time without prior notice to the unitholders and such amended terms and conditions will thereupon apply to and be binding on the unitholders. 5. SWAP facility (Switch and Withdrawal Automation Plan) The investor, under a designated open-ended scheme, can opt to switch their investment from the (open-ended) source scheme to the growth plan of the (open-ended) target scheme and set up a Systematic Withdrawal Plan from the target scheme at the same time. This facility allows investors to transfer investment corpus to the desired fund and withdraw the required amounts from your investments in a single process through a single form. The investor can select the amount they want to switch to the target scheme and then the specified amount on which the facility will be applied (Minimum of Rs. 100,000). The withdrawal amount annually is either 6% (default) or 12% of the specified amount. The frequency of withdrawal can be monthly or quarterly. Alternatively, the investor can select a withdrawal amount (minimum of Rs. 500). Investors can also select the month to end the SWAP facility, or continue it till further notice. Eligible Schemes Source scheme can be any open-ended schemes of Tata Mutual Fund. In case of schemes with lock-in, the units that have completed the lock-in period can be switched into the target schemes. The target schemes can be all open-ended schemes of Tata Mutual Fund which do not have the lock-in facility. Currently following scheme are subject to lock in a. Tata Retirement Saving Fund (All Plans) b. Tata ELSS Tax Saver Fund c. Tata Young Citizens’ Fund The AMC reserves the right to change the Eligible Schemes from time to time. Cessation of Facility The facility can be withdrawn by the investor at any given time by giving 10 days’ notice at any of the TATA Mutual Fund’s branches or CAMS Customer Service Centres (CSCs). The SWAP facility will terminate automatically if no balance is available in the respective scheme on the date of instalment trigger or if the enrolment period expires. If you decide to opt for this facility, you should be aware of the possibility that the withdrawals may take place from the principal amount invested. Please consult your financial adviser prior to enrolment. For detail terms & conditions, unitholders are requested to check SID/KIM cum application form of the respective schemes. Facility for purchasing of the units of the scheme through order routing platform on BSE and NSE The scheme will be admitted on the order routing platform of Bombay Stock Exchange Limited “"BS”") i.e., BSE StAR MF and National Stock Exchange of India Limited “"NS”") i.e., Mutual Fund Service System (MFSS). Under this facility investors can submit the application for subscription and redemption of units of the scheme though the Stock Exchange platform. Provision no. 16.2.6 of SEBI Master Circular on Mutual Fund dated June 27, 2024 had permitted mutual fund distributors to use recognized stock exchange’' infrastructure to purchase and redeem mutual fund units directly from Mutual Fund / Asset Management Companies. Subsequently, , SEBI allowed Registered Investment Page 41 of 52SID - Tata Multi Sector Passive FoF Advisors (RIAs) to use infrastructure of the recognized stock exchanges to purchase and redeem mutual fund units directly from Mutual Fund/ Asset Management Companies on behalf of their clients, including direct plans. Currently, Investors can directly access infrastructure of the recognized stock exchanges to purchase and redeem mutual fund units directly from Mutual Fund/ Asset Management Companies. Investors availing of this facility shall be allotted units in accordance with the SEBI guidelines issued from time to time and the records of the Depository Participant shall be considered as final for such unitholders. The transactions carried out on the above platform(s) shall be subject to such guidelines as may be issued by the respective stock exchanges and SEBI (MF) Regulations and circulars/guidelines issued thereunder from time to time. For further details on Special Products/ Terms & Condition, please refer KIM/Application form. For detail terms & conditions, unitholders are requested to check KIM cum application form of the scheme. Transactions through online Investor can transact through online facilities /electronic modes in Tata Mutual Fund Scheme .The time of facilities / electronic modes transaction done through various online facilities / electronic modes offered by the AMC, for the purpose of determining the applicability of NAV, would be the time when the request for purchase / sale / switch of units is received in the servers of AMC/RTA. In case of transactions through online facilities / electronic modes, the movement of funds from the investors’ bank account to the Scheme’s bank account may happen via the Intermediary / Aggregator service provider through a Nodal bank account and post reconciliation of fund. The process of movement of funds from the investors’ bank account into the Scheme’s Bank account in case of online transaction is governed by Reserve Bank of India(RBI)vide their circular Ref. RBI/2009-10/231 DPSS.CO.PD.No.1102/02.14.08/2009-10 dated 24th November, 2009. The process followed by the aggregator and the timelines within which the Funds are credited into the Scheme’s bank account is within the timelines provided by RBI which is T+3 settlement cycle / business days, where T is the date of Transaction / day of intimation regarding completion of transaction. The nodal bank account as stated above is an internal account of the bank and such accounts are not maintained or operated by the intermediary / aggregator or by the Mutual Fund. While the movement of Funds out of the investors’ Bank account may have happened on T day, however post reconciliation and as per statutory norms, the allotment can happen only on availability of Funds for utilization by the AMC/MF and accordingly the transaction will processed as per the applicable NAV based on availability of funds for utilization. This lag may impact the applicability of NAV for transactions where NAV is to be applied, based on actual realization of funds by the Scheme. Under no circumstances will Tata Asset Management Private Limited or its bankers or its service providers be liable for any lag / delay in realization of funds and consequent pricing of units. Acceptance of Financial As per AMFI Best Practice Guidelines Circular No.135/BP/118 /2024-25 dated 31st January 2025 on “Acceptance transactions from Non- of financial transactions through email in respect of non-individual investors”, AMFI’s Operations & Compliance individual investors through Committee has recommended the below standard guidelines: email Non-individual unitholders desiring to avail the facility of carrying out financial transactions through email in respect of Tata Mutual Fund schemes shall: a) Submit a copy of the Board resolution or an authority letter on their letter head (signed by competent authority), granting appropriate authority to the designated officials of their entity. b) The board resolution/authority letter should explicitly consist of: (i) List of approved authorized officials who are authorized to transact on behalf of non-individual investors along with their designation and email IDs (ii) An Undertaking that the instructions for any financial transactions sent by email by the authorized officials shall be binding upon the entity as if it were a written agreement. c) In case the document is submitted electronically with a valid Digital Signature Certificate (DSC) or through Aadhaar based e-signature by the authorized official/s shall be considered as valid and acceptable and shall be binding on the non-individual investor even if the transaction request is not received from the registered email id. of the authorized official/s. However, in such cases, the domain name of the email ID should be from the same organization's official domain name. d) In addition to acceptance of financial transaction via email, scanned copy of duly signed transaction form/request letter bearing wet signatures of the authorized signatories of the entity, received from some other official / employee of the non-individual investor may also be accepted, and shall be binding on the non-individual investor provided – (i) The email is also cc'd (copied) to the registered email ID of the authorized official / signatory of the non- individual unitholder; and Page 42 of 52SID - Tata Multi Sector Passive FoF (ii) the domain name of the email ID of the sender of the email is from the same organization's official domain name. e) No change in bank details or addition of bank account of the entity or any non-financial transactions shall be allowed / accepted via email. f) Request for change in bank details or addition of bank account of the entity shall be submitted by the non- individual investor using the prescribed service request form duly signed by the entity's authorized signatories with wet signature of the designated authorized signatories. g) Change in the registered email address / contact details of the entity shall be accepted only through a physical letter (including scanned copy thereof) with wet signature of the designated authorized officials of the entity, duly supported by copy of the board resolutions/authority letter on the entity's letter head. h) In addition to acceptance of financial transactions via email, scanned copies of signed transaction form /request letters bearing wet signatures of the authorized signatories of the entity, received from the registered MFD of the entity or a third party authorized by the non-individual unitholder may also be accepted subject to fulfillment of the following requirements: a) Authorization letter from the non-individual unitholder authorizing the MFD/person to send the scanned copies of signed transaction form/request letter on behalf the non-individual investor and b) the non-individual unitholder's registered email ID is also cc’d (copied) in the email sent by the authorized MFD/person sending the scanned copies of the duly signed transaction form/request letter. Terms and Conditions for acceptance of financial transactions through email are as below: 1. Investor is aware of all the risks involved in transacting through email mode and that the investor is also aware of the risks involved including those arising out of transmission of electronic mails. 2. TATA AMC /RTA shall not be liable in case the transaction sent or purported to be sent by the investor is not received by the TATA AMC/ RTA due to any reason and hence not processed. 3. Investor should maintain adequate safeguards / measures to ensure the security of email communication. 4. Investor availing the facility for submitting financial transactions via email shall retain records of such transactions in line with the applicable laws / regulations. 5. Investor should follow appropriate procedure for addition/deletion in the name of authorized signatories of the Investor along with the manner of notification of the same to the TATA AMC. 6. Any change in the registered email id/contact details shall be accepted only from the designated officials authorized to notify such changes vide board resolutions/authority letter. Further, such change request shall be submitted through physical request letter (or a scanned copy thereof with wet signature of the designated authorized officials) only 7. No change in /addition to the bank mandate shall be allowed via email. Change in bank details or addition of bank account of the investor shall be permitted only via the prescribed service request form duly signed by the investor’s authorized signatories with wet signature of the designated authorized officials. JUST SMS Facility JUST SMS Facility enables the unitholders to 1. Subscription of units of the scheme for amounts less than Rs 2 lacs. 2. Redemption of units in the scheme (any amount/All Units). 3. Switch out from the scheme (any amount/All Units). This facility is currently available for existing investors (resident individuals only including guardian on behalf of minor) however new investors can avail this facility after opening a folio in the scheme. Process Note: 4. Subscription transaction request can be accepted in “Amounts” only and Switch and Redemption transaction requests can be accepted in “Amounts/Units” , however the request for Unit based redemption/switches can be given for “ALL” units and not part thereof. The minimum subscriptions / redemption / Switch amount in the respective scheme/(s) will be applicable for each transaction. The load structure prevailing at the time of the purchase transaction will be applicable. 5. Mobile Number Registration: Unitholder(s) of the Fund will have to register a mobile number registered in India in their folio for availing this Facility. The mobile number provided in the debit mandate shall be updated in the folio for which the Facility is required. Additionally it will be registered in all the folios (if the same is not already available) where the First/Sole unit holder PAN number is same as the First/Sole unit holder PAN in the application, the updation of the mobile number will be only for purpose of database enhancement for all communication purposes. To avail this facility, only one mobile number will be registered with one folio number. 6. Unitholder(s) of the Fund can start transacting, using this Facility only after successful registration of the Debit Mandate with their bankers and receipt of confirmation from the AMC. The process of Page 43 of 52SID - Tata Multi Sector Passive FoF registering the bank mandate with the banker may take up to 30 days. 7. Unit holder(s) need to provide an Original cancelled cheque of the same bank account registered in the registration form with the unit holder’s name printed on the face of the cheque. In case an investor is not able to submit the Original cancelled cheque or does not have the name of the investor on the face of the cheque. Then the investor needs to submit: a. Copy of the bank passbook attested by bank / Original bank statement with name address and bank account number of the investor. b. A letter from the bank on its letter head certifying that the investor maintains an account with the bank, along with the information like the bank account number, bank branch, account type, the MICR code of the branch and the IFSC code. c. Get the bankers attestation in the face of the form in the section BANKER’S Attestation (For BANK Use only) d. If these supporting documents are not provided the registration may not be accepted. The Unit holder(s) cheque/ bank account details are subject to third party verification. 8. Transaction Charge: In accordance with SEBI Circular SEBI/HO/IMD/IMD-PoD-1/P/CIR/2025/115 dated August 08, 2025, read with SEBI Master Circular on Mutual Funds dated June 27th 2024, no transaction charges shall be paid to the distributors. 9. In case the mode of holding of the folio is ‘Joint’ and the Debit Mandate is duly signed by all the joint holder(s), it will be deemed to be an express instruction to the AMC (Tata Asset Management Pvt Ltd) / RTA (Computer Age Management Service Pvt. Ltd),to keep the mode of holding to ‘Anyone or Survivor’ for availing this Facility only, so that this facility is available to the first named holder only. In case the unit holder is a “minor,” the legal /natural guardian shall be eligible to avail of this Facility till the minor attains majority. As such legal/natural guardian may make payments from the minor’s respective bank account (or in accordance with the exceptions provided for third party payments) and the same shall be recognized by the AMC as valid payment as per the SEBI Mutual Fund Regulations. 10. The Purchase Facility is currently available to the investors with the bank account with following bank branches: 11. All bank branches participating in Reserve Bank of India (RBI) Electronic Clearing System (ECS)/Regional Electronic Clearing System (RECS) facility. 12. Core Banking branches of the following Banks: Allahabad Bank, Axis Bank, Bank of Baroda, Citibank, Corporation Bank, HDFC Bank, Federal Bank, ICICI Bank, IDBI Bank, Karnataka Bank, Punjab National Bank, State Bank of India, Union Bank of India, United Bank of India. Please note that the list of the banks and branches may be modified/updated/ changed/deleted from time to time in future at the sole discretion of the AMC without assigning any reason or prior notice. You may kindly refer the AMC web site www.tatamutualfund.com for the latest list of locations/banks. 13. Some banks and branches may levy charges for mandate registration and / or transactions to their bank account holders, which will be borne by the account holder only and will not be borne /reimbursed by the AMC or the Fund. 14. Unit holder(s) hereby confirms, acknowledges, and undertakes to make payments for subscription of units from their respective bank account(s) in compliance with applicable provisions relating to third party payments detailed in the SID / SAI and that the payment will be through legitimate sources only. 15. The responsibility of the bank account information provided in the Debit Mandate or any other application form for this Facility solely rests with the Unit holder(s) and the AMC / Fund / RTA will not be responsible or liable for any loss, claims, liability that may arise on account of any incorrect and / or erroneous data / information supplied by the Unit holder(s). 16. It will be the sole responsibility of the unit holder(s) bank and its branch to ensure proper registration of the Debit Mandate and confirm registration. If no confirmation of registration or rejection is received from the banker, the AMC/RTA/it is agents will deem the same to be registered and confirm the registration to Unit holder(s) entirely at the risk of Unit holder(s). 17. The Unit holder(s) shall ensure availability of clear funds in their respective bank account, as specified in the Debit Mandate, at the time of requesting a Transaction using the Facility and at the time of bank account being debited. 18. The bank account of the customer may be debited towards purchases either on the same day of transaction or within one to seven business days depending on ECS cycle. The AMC / RTA shall attempt to settle the transaction and debit the bank account by requesting the registered bank for release of funds as per direct debit arrangement or standing instruction or RBI ECS (Debit) facility within a period of one to seven working days for bank. However, in case of non- receipt of the funds, for whatsoever reasons, the transaction shall stand cancelled/ null and void and the units allotted, if Page 44 of 52SID - Tata Multi Sector Passive FoF any would be reversed and stands cancelled. 19. The request for transaction is to be considered as accepted, subject to realization of funds towards purchases, and only on receipt of the confirmation from RTA on the registered mobile number or email id of the Unit holder(s) of the Fund. 20. The applicable NAV for the transaction will be dependent upon the time of receipt of the SMS into Computer Age Management Service Pvt. Ltd, Registrar & Transfer Agent of the Fund, (‘RTA’) server, electronically time-stamped and other factors like scheme, type of transaction, amount, date of realization of funds under SEBI regulations and will be treated on par with similar transactions received through other modes. For this Facility, such an RTA office centre would be considered as an Official Point of Acceptance of the transaction. 21. Any transaction request on a Non-Business Day will be processed on the next Business Day in accordance with the provisions provided in the Scheme Information Document (‘SID’) of the respective scheme. 22. If the transaction is delayed or not effected at all for reasons of incomplete or incorrect information/key word or due to non-receipt of the SMS message by the RTA or due to late receipt of SMS due to mobile network congestions or due to any reason whatsoever, the Unit holder(s) will not hold the Fund, AMC and the RTA responsible for the same. 23. In case of non-receipt of confirmation from RTA within a reasonable time (around one hour), Unit holder(s) are advised to immediately call up the call centre on (022) 6282 7777 (Monday to Saturday 9:00am to 5:30pm) to confirm the status of the transaction request. In case of receipt of multiple confirmations from the RTA against a single transaction request, the same needs to be brought to the immediate attention of RTA and the AMC by calling up the call centre on (022) 6282 7777 (Monday to Saturday 9:00am to 5:30pm). 24. The Unit holder(s) availing the Facility shall check his / her bank account records carefully and promptly. If the Unit holder(s) believes that there has been an error in any transaction using the Facility, or that an unauthorized transaction has been effected, the Unit holder(s) shall notify the AMC or the RTA immediately by calling up the call centre on (022) 6282 7777 (Monday to Saturday 9:00am to 5:30pm).For faster dissemination of information, Unitholders are requested to provide their E-mail IDs. Delivering service through the internet & web-based services such as e-mail is a more efficient delivery channel. Annual report, Account statements & other communication will be sent via email, by default, to investors who have provided their email ID, unless specified otherwise. The Investor shall from time to time inform the Mutual Fund / its transfer agents about any changes in the email address. In case of a large document, a suitable link would be provided & investor can download, save & print these documents. However, the investor always has a right to demand a physical copy of any or all the service deliverables, & the Fund would arrange to send the same to the investor. It is deemed that the Unitholder is aware of all the security risks associated with online communication, including the possibility of third-party interception of documents sent via email. Mutual Fund / registrar shall not be responsible for e-mail not reaching the investors and for all consequences thereof. 25. Unitholder(s) of the Fund agrees and acknowledges that any transaction, undertaken using the registered mobile number shall be deemed to be that of the Unitholder(s). 26. Unit holder(s) will also need to inform the AMC/RTA about any change in their bank account number, mobile number, or email id through a duly signed written request in the specified format and supporting documents. 27. The Unit holder(s) agree that the Fund/AMC / RTA and their agents shall not be held liable for any unsuccessful registration and or transaction due to any action or inaction of the Unit holder(s) bank including but not limited to reasons mentioned below and agree to indemnify the Fund/AMC/RTA for all liabilities, losses, damages and expenses which they may consequent sustain or incur either directly or indirectly: A. Loss of the Debit Mandate in transit from point of acceptance of the form to RTA head office and further to the Unit holder(s)’ bank branch. B. Non acceptance or rejection of Debit Mandate for whatsoever reason by the Unit holder(s)’ bank branch, with or without any reason assigned by the Unit holder(s) bank. C. Nonregistration of the Debit Mandate by the Unit holder(s)’ bank and branch. D. Deemed registration due to non-confirmation of registration or subsequent rejection by the bank and any subsequent rejection of debit of bank account for funds. E. Non availability of funds in the bank account of the Unit holder(s) at the time of debit Rejection of registration or transaction debit for any reason or without assigning any reason whatsoever. Page 45 of 52SID - Tata Multi Sector Passive FoF Employee Unique Identification Number (EUIN): Further, SEBI has made it compulsory for every employee/ relationship manager/ salesperson of the distributor of mutual fund products to quote the EUIN obtained by him/her from AMFI in the Application Form. EUIN would assist in addressing any instance of mis-selling even if the employee/relationship manager/salesperson later leaves the employment of the distributor. Hence, if your investments are routed through a distributor, please ensure that the EUIN is correctly filled up in the Registration Form. However, if your distributor has not given you any advice pertaining to the investment, the EUIN box may be left blank. In this case you are required to tick () the declaration to this effect as given in the form. Official Points of Acceptance Tata Mutual Fund has entered into an agreement with MF Utilities India Private Limited (“MFUI”), a “Category II - of Transaction through MF Registrar to an Issue” under SEBI (Registrars to an Issue and Share Transfer Agents) Regulations, 1993, for utility & MF Central usage of MF Utility (“MFU”) - a shared services initiative of various asset management companies, which acts as a transaction aggregator for transacting in multiple scheme of various mutual funds with a single form and a single payment instrument. Accordingly, all the authorized Point of Sales(POS) and website/mobile application of MFUI (available currently and updated from time to time) shall be eligible to be considered as ‘official points of acceptance’ for all financial and non-financial transactions in the scheme of Tata Mutual Fund either physically or electronically. The list of POS of MFUI is published on the website of MFUI at www.mfuindia.com. Applicability of NAV shall be based on time stamping as evidenced by confirmation slip given by POS of MFUI and the realization of funds in the Bank account of Tata Mutual Fund (and NOT the time of realization of funds in the Bank account of MFUI) within the applicable cut-off timing. The Uniform Cut -off time as prescribed by SEBI and mentioned in the SID / KIM shall be applicable for applications received through such facilities. Investors are requested to note that MFUI will allot a Common Account Number (“CAN”) i.e., a single reference number for all investments in the mutual fund industry for transacting in multiple scheme of various mutual funds through MFU and to map existing folios, if any. Investors can create a CAN by submitting the CAN Registration Form and necessary documents at the POS. The AMC and/or its Registrar and Transfer Agent shall provide necessary details to MFUI as may be needed for providing the required services to investors/distributors through MFU. Investors are requested to visit the website of MFUI i.e., www.mfuindia.com to download the relevant forms. For any queries or clarifications related to MFU, please contact Customer Care of MFUI on 1800-266-1415 (during the business hours on all days except Sunday and public holidays) or send an email toclientservices@mfuindia.com. Based on the provision no. 16.6 of SEBI Master Circular on Mutual Fund dated June 27, 2024, to comply with the requirements of RTA inter-operable Platform for enhancing investors’ experience in Mutual Fund transactions / service requests, the QRTA’s, Kfin Technologies Private Limited and Computer Age Management Services Limited (CAMS) have jointly developed MFCentral - A digital platform for Mutual Fund investors. MF Central is created with an intent to be a one stop portal / mobile app for all Mutual fund investments and service-related needs that significantly reduces the need for submission of physical documents by enabling various digital / physical services to Mutual fund investors across fund houses subject to applicable T&Cs of the Platform. MF Central will be enabling various features and services in a phased manner. MFCentral may be accessed using https://mfcentral.com/ and on the Mobile App. With a view to comply with all provisions of the aforesaid circular and to increase digital penetration of Mutual funds, Tata Mutual Fund designates MFCentral as its Official point of acceptance (DISC -Designated Investor Service Centre) w.e.f. 23rd September 2021. Any registered user of MFCentral, requiring submission of physical document as per the requirements of MFCentral and Tata Asset Management Private Ltd, may do so at any of the designated Investor Service centers or collection centers of KFintech or CAMS. Appointment of MF Central as Official Point of Acceptance Based on the provision no. 16.6 of SEBI Master Circular on Mutual Fund dated June 27, 2024, to comply with the requirements of RTA inter-operable Platform for enhancing investors’ experience in Mutual Fund transactions / service requests, the QRTA’s, Kfin Technologies Private Limited and Computer Age Management Services Limited (CAMS) have jointly developed MFCentral - A digital platform for Mutual Fund investors. MF Central is created with an intent to be a one stop portal / mobile app for all Mutual fund investments and service-related needs that significantly reduces the need for submission of physical documents by enabling various digital / physical services to Mutual fund investors across fund houses subject to applicable T&Cs of the Platform. MF Central will be enabling various features and services in a phased manner. MF Central may be accessed using https://mfcentral.com/ and on the Mobile App. With a view to comply with all provisions of the aforesaid circular and to increase digital penetration of Mutual funds, Tata Mutual Fund designates MFCentral as its Official point of acceptance (DISC - Designated Investor Service Centre). Any registered user of MFCentral, requiring submission of physical document as per the requirements of MFCentral and Tata Asset Management Pvt Ltd, may do so at any of the designated Investor Service centers or collection Centres of KFintech or CAMS Page 46 of 52SID - Tata Multi Sector Passive FoF MF Central also appointed as Official Point of Acceptance for Tata Mutual Fund Schemes. Facility for purchasing of units The scheme will be admitted on the order routing platform of Bombay Stock Exchange Limited ("BSE") and of the scheme through order National Stock Exchange of India Limited ("NSE"). Under this facility investors can submit the application for routing platform on BSE and subscription and redemption of units of the scheme though the Stock Exchange platform. The introduction of this NSE facility is pursuant to guidelines issued by SEBI vide provision no. 16.2 of SEBI Master Circular on Mutual Fund dated June 27, 2024 and the Stock Exchanges viz. BSE & NSE. For further details on Special Products/ Terms & Condition, please refer to KIM/Application form. Additional communication Tata Asset Management Private Limited (TAMPL) / Tata Mutual Fund (TMF) is offering a facility to the unitholder/ channel for transaction alerts investors to receive transaction alerts and confirmations for financial and/ or non-financial transactions and other and confirmations for financial services on “WhatsApp” which is enabled on the mobile numbers of unitholders registered in Tata Mutual Fund and/or non-financial folios. transactions and other To receive such information/messages on WhatsApp, the unitholder / investor needs to provide their consent or services “Opt In” and agree to receive various messages or other services. Investors can provide this ‘opt in’ on online mode and through physical modes like application form, through SMS etc. The Terms and conditions for using the facility: • The user agrees to subscribe to the WhatsApp service & promotional alerts from TAMPL/TMF. • The user can unsubscribe to the channel at any time by sending an email to us at service@tataamc.com. • This channel cannot be used for grievance redressal or reporting fraud as of now, TAMPL/TMF will have no liability if any such incidents are reported on this channel. • It is advisable for customers who have subscribed to this service to delete WhatsApp when changing their device. • Customers shall not submit or transmit any content through this service which: o Is Obscene, Vulgar, Pornographic, Political, Religious, etc. o Encourages the commission of a crime or violation of any law Violates any state or Central law in India and/or the jurisdiction in which he resides and/or any applicable law. o Infringes the intellectual or copyrights of a third party. • Under no circumstances shall TAMPL/TMF, or its agents, affiliated companies, officers, directors, employees, and contractors be liable for any direct, indirect, punitive, incidental, special, or consequential damages that result from the use of, or inability to use, this service or for receipt of any answer provided by the program running at the back-end. • The customer understands that using WhatsApp application may carry extra risks and may not be secured. Further any message and information exchanged is subject to the risk of being read, interrupted, intercepted, or defrauded by a third party or otherwise subject to manipulation by third party or involve delay in transmission. • TAMPL/TMF shall not be responsible or liable to the customer or any third party for the consequences arising out of or in connection with using of this service. • The customer is responsible for keeping the security safeguard of his WhatsApp account linked to the registered mobile number. • TAMPL/TMF has the right to retract the service anytime it deems fit. • The customer agrees that he shall not have any claim against TAMPL/TMF on account of any suspension, interruption, non-availability or malfunctioning of the service due to any link/mobile/system failure at TAMPL/TMF’s end for any reason thereof. • These terms and conditions may be withdrawn/ superseded/ modified at any time whatsoever, by TAMPL/TMF without any prior notice. Cash Investments Cash Investments in the Scheme Pursuant to provision no. 16.7 of SEBI Master Circular on Mutual Fund dated June 27, 2024 it is permitted to accept cash transactions to the extent of Rs. 50,000/- subject to compliance with Prevention of Money Laundering Act, 2002 and Rules framed there under and the SEBI Circular(s) on Anti Money Laundering (AML) and other applicable AML rules, regulations, and guidelines. Provided that the limit shall be applicable per investor for investments made in a financial year across all schemes of the Mutual Fund, subject to sufficient systems and procedures in place for such acceptance. However any form of repayment by way of redemption, Income Distribution cum capital withdrawal, etc. with respect to such cash investment shall be paid only through banking channel. Tata Asset Management Private Limited is in process of implementing adequate systems and controls to accept Cash Investment in the Scheme. Information in this regard will be provided to Investors as and when the facility is made available. Page 47 of 52SID - Tata Multi Sector Passive FoF III. Other Details A. In case of Fund of Funds Scheme, Details of Benchmark, Investment Objective, Investment Strategy, TER, AUM, Year wise performance, Top 10 Holding/ link to Top 10 holding of the underlying fund should be provided: Not Applicable since the portfolio has not been constructed. B. Periodic Disclosures such as Half yearly disclosures, half yearly results, annual report Periodic Portfolio Disclosure: Disclosures Tata Mutual Fund shall disclose portfolio (along with ISIN) in user friendly and downloadable spreadsheet format, as on the such as Half last day of the month/half year for all their schemes on its website www.tatamutualfund.com and on the website of AMFI yearly www.amfiindia.com within 10 days from the close of each month/half year. disclosures, half yearly In case of unitholders whose email addresses are registered, Tata Mutual Fund will send via email both the monthly and half results, annual yearly statement of scheme portfolio within 10 days from the close of each month /half year, respectively. report Tata Mutual Fund will publish an advertisement every half-year, in all India edition of at least two daily newspapers, one each in English and Hindi, disclosing the hosting of the half yearly statement of the scheme’s portfolio on the AMC’s website www.tatamutualfund.com and on the website of AMFI (www.amfiindia.com). Tata Mutual Fund will provide physical copy of the statement of scheme portfolio without any cost, on specific request received from a unitholder. For portfolio disclosure of schemes of Tata Mutual Fund, kindly visit functional Weblink: https://www.tatamutualfund.com/schemes-related. Unaudited Financial Results: Tata Mutual Fund/ Tata Asset Management Pvt Ltd shall within one month from the close of each half year, which is on 31st March & on 30th September, host a soft copy of its unaudited financial results on its website in the format specified in Twelfth Schedule of SEBI(Mutual Funds) Regulations 1996. Tata Mutual Fund / Tata Asset Management Pvt Ltd shall publish an advertisement disclosing the hosting of such financial results on their website, in atleast one English daily newspaper having nationwide circulation & in a newspaper having wide circulation published in the language of the region where the Head Office of the fund is situated. For Unaudited Financial Results of Tata Mutual Fund, kindly visit functional Weblink: https://www.tatamutualfund.com/about- us. Annual report Annual report or Abridged Summary, in the format prescribed by SEBI, will be hosted on AMC’s website, functional Weblink: https://www.tatamutualfund.com/about-us and on the website of AMFI www.amfiindia.com. The scheme wise annual report or an abridged summary thereof, in the format prescribed, shall be sent by way of e-mail to the investor’s registered e-mail address not later than four months from the date of closure of the relevant account’s year. Investors who have not registered their email id will have an option of receiving a physical copy of the Annual Report or Abridged Summary thereof. Tata Mutual Fund will provide a physical copy of the abridged summary of the Annual Report, without charging any cost, on specific request received from a unitholder. Physical copies of the report will also always be available to the unitholders at the registered offices. Tata Mutual Fund will publish an advertisement every year, in all India edition of at least two daily newspapers, one each in English and Hindi, disclosing the hosting of the scheme wise annual report on the AMC website and on the website of AMFI. Other Details: Risk O Meter & As per SEBI Guidelines, based on the scheme characteristics/internal assessment, Mutual Funds shall assign risk levels for Scheme schemes at the time of launch of scheme/New Fund Offer. Summary Risk-o-meter shall be evaluated monthly, and AMC shall disclose the Risk-o-meter along with portfolio disclosure for all Document schemes on the website and on AMFI website within 10 days from the close of each month. Any change in risk-o-meter shall (CSO 38) be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of the schemes. Mutual Funds shall disclose the risk level of schemes as on March 31 of every year, along with the number of times the risk level has changed over the year, on their website and AMFI website. Mutual Funds shall also publish scheme-wise changes in Risk-o-meter in scheme-wise Annual Reports and Abridged summary. Page 48 of 52SID - Tata Multi Sector Passive FoF As per provision no. 1.2 of SEBI Master Circular on Mutual Fund dated June 27, 2024 & SEBI letter SEBI/ HO/ OW/ IMD-II/ DOF3/ P/ 39700/ 2021 dated December 28, 2021 w.r.t advisory to introduce a Scheme Summary Document & further to AMFI letter AMFI/17/SEBI/134/2021-22 March 21, 2022, AMCs shall upload the scheme summary document on AMFI Portal. Not Applicable Top Issuer, Stocks, Groups & Sector C. Transparency / NAV Disclosure (CSO 40b) NAV Information (SO 17) (CSO 41) The NAVs will be calculated and disclosed on every Business Day. The AMC will prominently disclose the NAVs under a separate head on the website of the Fund (www.tatamutualfund.com) and of the Association of Mutual Funds in India- AMFI (www.amfiindia.com) before 10:00 A.M. on the next Business Day^. However, due to the inability in capturing same day valuation of underlying investments, the NAV shall be disclosed by 11 P.M. of the next business day^. ^ If the NAVs are not available before the commencement of Business Hours on the following day (i.e., next day after the respective business day) due to any reason, the Mutual Fund shall issue a press release giving reasons for the delay and explain by when the Mutual Fund would be able to publish the NAV. In case of investment in overseas securities by the scheme as mentioned in the asset allocation pattern of the scheme, the NAV of the fund will be based on the prices of overseas securities converted into Indian rupees. Investor may write to AMC for availing facility of receiving the latest NAVs through SMS. Illustration of Calculation of Sale & Repurchase Price: (CSO 42) Assumed NAV Rs. 11.00 per unit Entry Load: NIL Exit Load 1% Sale Price = NAV + (Entry Load (%) * NAV) Sale Price = 11 + (0% * 11) Sale Price = 11 + 0 Sale Price = Rs. 11/- Repurchase Price Repurchase Price = NAV – (exit load (%) * NAV) Repurchase Price = 11 – (1%*11) Repurchase Price = 11 – 0.11 Repurchase Price = Rs.10.89 In the event NAV cannot be calculated and / or published, such as because of the suspension of RBI Clearing, Bank strikes, during the existence of a state of emergency and / or a breakdown in communications, the Board of Trustees may temporarily suspend determination and / or publication of the NAV of the Units. Repurchase/ Resale is at Net Asset Value (NAV) related prices with repurchase/ resale loads as applicable (within limits) as specified under SEBI Regulations 1996, While determining the price of the units, the fund will ensure that the repurchase price is not lower than 97 per cent of the Net Asset Value. D. Transaction Charges & Stamp Duty Transaction Charge: In accordance with SEBI Circular SEBI/HO/IMD/IMD-PoD-1/P/CIR/2025/115 dated August 08, 2025, read with SEBI Master Circular on Mutual Funds dated June 27th 2024, no transaction charges shall be paid to the distributors. Stamp Duty With effect from 1st July 2020 a stamp duty @ 0.005% of the transaction value would be levied on mutual fund investment transactions. Accordingly, the number of units allotted on purchases, switch-ins, SIP/STP installments and including IDCW reinvestment to the unitholders would be reduced to that extent. E. Associate Transactions Please refer to Statement of Additional Information (SAI). Page 49 of 52SID - Tata Multi Sector Passive FoF F. Taxation Taxation for Equity Oriented Mutual Fund Schemes • Taxation of Income in respect of units of Mutual Fund The information is provided for general information only. However, in view of the individual nature of the implications, each investor is advised to consult his or her own tax advisors with respect to the specific amount of tax and other implications arising out of his or her participation in the Scheme. Withholding tax on income distribution Particulars Resident*** NRI Mutual Fund# 20%** or rate as per applicable tax treaty*** Withholding tax on income distribution 10%* Nil (whichever is lower) # Note: Income of the Mutual Fund is exempt from income tax in accordance with the provisions of Section 10(23D) of the Act. * Tax not deductible if income distributed in respect of units of a mutual fund is below Rs. 10,000 in a financial year. ** The base tax is to be further increased by surcharge at the rate of: ▪ 37% on base tax where total income exceeds Rs. 5 crore; ▪ 25% where total income exceeds Rs. 2 crore but does not exceed Rs. 5 crore; ▪ 15% where total income exceeds Rs. 1 crore but does not exceed Rs. 2 crore; and ▪ 10% where total income exceeds Rs. 50 lakhs but does not exceed Rs. 1 crore *** The income distributed by mutual fund to unitholders is unlikely to fall within the definition of dividend under the tax treaty. Given this and the language of the proviso to section 196A, claiming tax treaty benefit in respect of income distributed by mutual fund to unitholders for withholding tax purpose may not be possible. Further, “Health and Education Cess” is to be levied at 4% on aggregate of base tax and surcharge. Withholding tax applicability in case of inoperative PAN As per section 139AA of the Income-tax Act, 1961, read with rule 114AAA of the Income-tax Rules, 1962, in the case of a resident person, whose PAN has become inoperative due to non-linking of PAN with Aadhaar, it shall be deemed that he has not furnished the PAN and tax could be withheld at a higher rate of 20% as per section 206AA of Income-tax Act, 1961. For linking PAN with Aadhaar, fees of Rs. 1,000 has been prescribed. Capital Gains Taxation Resident Investors/ Non Particulars Domestic Company @ Mutual Fund# Resident Investors $ Tax rate on Capital Gains Long Term capital gains 12.5%* 12.5%* Nil Short Term capital gains 20% 20% Nil # Note: Income of the Mutual Fund is exempt from income tax in accordance with the provisions of Section 10(23D) of the Act. *Income tax at the rate of 12.5% (without indexation & foreign exchange fluctuation benefit) to be levied on long term capital gains exceeding Rs.1.25 lakh provided transfer of such units is subject to Securities Transaction Tax (STT). In case of Non Resident investors, short term /long term capital gain tax (along with applicable Surcharge and Health and Education Cess) will be deducted at the time of redemption of units as per Income-tax Act, 1961. $Surcharge to be levied at:  37% on base tax where specified income** exceeds Rs. 5 crore;  25% on base tax where specified income** exceeds Rs. 2 crore but does not exceed Rs. 5 crore;  15% on base tax where total income exceeds Rs. 1 crore but does not exceed Rs. 2 crores; and  10% on base tax where total income exceeds Rs. 50 lakhs but does not exceed Rs. 1 crore. **Specified income refers to total income excluding income by way of dividend on shares and short-term capital gains on units of equity-oriented SIF investment strategies and long-term capital gains on SIF investment strategies. In case the total income includes such specified income, surcharge on such specified income shall not exceed 15%. Further, Health and Education Cess to be levied at the rate of 4% on aggregate of base tax and surcharge. @ Surcharge at 7% on base tax is applicable where total income of domestic corporate unit holders exceeds Rs 1 crore but does not exceed 10 crores and at 12% where total income exceeds 10 crores. However, surcharge at flat rate of 10% to be levied on base tax for the companies opting for lower rate of tax of 22%/15%. Page 50 of 52SID - Tata Multi Sector Passive FoF Further, “Health and Education Cess” to be levied at the rate of 4% on aggregate of base tax and surcharge. Further, the domestic companies are subject to minimum alternate tax (except for those who opt for lower rate of tax of 22%/15%) not specified in above tax rates. • Securities Transaction Tax Securities Transaction Tax (“STT”) is applicable on transactions of purchase or sale of units of an equity-oriented fund entered into on a recognized stock exchange or on sale of units of equity-oriented fund to the Fund. The STT rates as applicable are given in the following table: Taxable Securities Transaction Rate Payable By Purchase of a unit of an equity-oriented fund, where –The transaction of such purchase is entered into in a recognised stock exchange; and the contract for the purchase of such unit is NIL Purchaser s ettled by the actual delivery or transfer of such unit (delivery based). Sale of a unit of an equity-oriented fund, where – The transaction of such sale is entered into in a recognised stock exchange; and 0.001% Seller T he contract for the sale of such unit is settled by the actual delivery or transfer of such unit. Purchase/ Sale of an equity share in a company or a unit of a business trust, where – The transaction of such sale is entered into in a recognised stock exchange; and 0.1% Purchaser/Seller The contract for the sale of such share or unit is settled by the actual d elivery or transfer of such share or unit Sale of an equity share in a company or a unit of an equity-oriented fund or a unit of business trust, where – The transaction of such sale is entered into in a recognised stock exchange; and 0.025% Seller The contract for the sale of such share is settled otherwise than by the actual delivery or transfer of such share or unit Sale of unit of an equity-oriented fund to the Mutual Fund 0.001% Seller Sale of an option in securities 0.1% Seller In case of sale of option in securities, where option is exercised 0.125% Purchaser Sale of a futures in securities 0.02% Seller The Fund is responsible for collecting the STT from every person who sells the Units to it at the rate mentioned above. The STT collected by the Fund during any month will have to be deposited with the Central Government by the seventh day of the month immediately following the said month. • Stamp Duty With effect from 1st July 2020 a stamp duty @ 0.005% of the transaction value would be levied on mutual fund investment transactions. Accordingly, the number of units allotted on purchases, switch-ins, SIP/STP instalments and including IDCW reinvestment to the unitholders would be reduced to that extent. The information stated above is based on Tata Mutual Fund understanding of the tax laws and only for the purpose of providing general information to the unit holders of the schemes. In view of the individual nature of tax implications, each unit holder is advised to consult with his or her own tax advisors with respect to the specific tax and other implications arising out of the restructuring. Any tax liability arising post redemption on account of change in tax treatment with respect to Tax on Income Distribution/Capital Gain Tax, by the tax authorities, shall be solely borne by the investors and not by the AMC or Trustee Company. For further details on taxation please refer the clause on taxation in SAI. G. Rights of Unitholders Please refer to SAI for details. H. List of Official Point of Acceptance Details uploaded & updated timely on AMCs website and can be seen on https://www.tatamutualfund.com/statutory-disclosures/other-statutory- disclosures. I. Penalties, Pending Litigation or Proceedings, Findings of Inspections or Investigations for which action may have been taken or is in the process of being taken by any regulatory authority. (CSO 48) (SO 20) This section shall contain the details of penalties, pending litigation, and action taken by SEBI and other regulatory and Govt. Agencies. 1. All disclosures regarding penalties and action(s) taken against foreign Sponsor(s) may be limited to the jurisdiction of the country where the principal activities (in terms of income / revenue) of the Sponsor(s) are carried out or where the headquarters of the Sponsor(s) is situated. Further, only top 10 monetary penalties during the last 5 financial years and wherever the amount of penalty is more than 5 lakhs. – NIL Page 51 of 52SID - Tata Multi Sector Passive FoF 2. In case of Indian Sponsor(s), details of all monetary penalties imposed and/ or action taken during the last for the last 5 financial years or pending with any financial regulatory body or governmental authority, against Sponsor(s) and/ or the AMC and/ or the Board of Trustees /Trustee Company; for irregularities or for violations in the financial services sector, or for defaults with respect to shareholders or debenture holders and depositors, or for economic offences, or for violation of securities law. Details of settlement, if any, arrived at with the aforesaid authorities during the last 5 financial years. – NIL 3. Details of all enforcement actions taken by SEBI in the last three years and/ or pending with SEBI for the violation of SEBI Act, 1992 and Rules and Regulations framed there under including debarment and/ or suspension and/ or cancellation and/ or imposition of monetary penalty/adjudication/enquiry proceedings, if any, to which the Sponsor(s) and/ or the AMC and/ or the Board of Trustees /Trustee Company and/ or any of the directors and/ or key personnel (especially the fund managers) of the AMC and Trustee Company were/ are a party. The details of the violation. – NIL 4. Any pending material civil or criminal litigation incidental to the business of the Mutual Fund to which the Sponsor(s) and/ or the AMC and/ or the Board of Trustees /Trustee Company and/ or any of the directors and/ or key personnel are a party. – NIL 5. Any deficiency in the systems and operations of the Sponsor(s) and/ or the AMC and/ or the Board of Trustees/Trustee Company which SEBI has specifically advised to be disclosed in the SID, or which has been notified by any other regulatory agency. – NIL The data for the above can be seen on functional weblink https://www.tatamutualfund.com/statutory-disclosures/other-statutory-disclosures. The contents of the Scheme Information Document including figures, data, yields, etc. have been checked and are factually correct. Notwithstanding anything contained in this Scheme Information Document, the provisions of the SEBI (Mutual Funds) Regulations, 1996 and the guidelines there under shall be applicable. (CSO 63) (SO 22) Note: The Scheme under this Scheme Information Document was approved by the Trustees on October 24, 2025. By order Board of Directors Tata Asset Management Pvt Limited. Place: Mumbai Date:_________ Authorized Signatory Page 52 of 52