(Offer of Units at NAV based prices during the Continuous Offer Period)

Transcription

1 Key Information Memorandum IDFC Super Saver Income Fund (An Open ended Income Scheme) (Offer of Units at NAV based prices during the Continuous Offer Period) P r o d u c t L a b e l This product is suitable for investors who are seeking*: IDFC Super Saver Income Fund Investment Plan (An Open Ended Income Fund ) To generate long term optimal returns by active management. Investments in high quality money market & debt instruments including G-Sec securities. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. This product is suitable for investors who are seeking*: IDFC Super Saver Income Fund Medium Term Plan (An Open Ended Income Fund ) To generate optimal returns over short to medium term. Investments in high quality money market & debt instruments including G-Sec securities. Investors understand that their principal will be at Moderate risk *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. This product is suitable for investors who are seeking*: IDFC Super Saver Income Fund Short Term Plan (An Open Ended Income Fund ) To generate optimal returns over short to medium term. Investments in good quality fixed income & Money Market Securities. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Mutual Fund : IDFC Mutual Fund Investors understand that their principal will be at Moderately Low risk Asset Management Company Trustee Company Address Website : IDFC Asset Management Company Limited : IDFC AMC Trustee Company Limited : 6th Floor, One IndiaBulls Centre, Jupiter Mills Compound,841, Senapati Bapat Marg, Elphinstone (W), Mumbai :

2 This Key Information Memorandum (KIM) sets forth the information, which a prospective investor ought to know before investing. For further details of the scheme/mutual Fund, due diligence certificate by the AMC, Key Personnel, investors rights & services, risk factors, penalties & pending litigations etc. investors should, before investment, refer to the Scheme Information Document and Statement of Additional Information available free of cost at any of the Investors Service Centres or distributors or from websitewww.idfcmf.com. The Scheme particulars have also been prepared in accordance with Securities and Exchange Board of India (Mutual Funds) Regulations 1996, as amended till date, and filed with the Securities and Exchange Board of India (SEBI). The units being offered for public subscription have not been approved or disapproved by SEBI, nor has SEBI certified the accuracy or adequacy of this KIM. This Scheme Information Document is dated June 30, 2017.

3 Scheme(s) Super Saver Income Fund - Short Term Plan (SSIF-STP) Investment Objective Asset Allocation Pattern The primary objective of the Scheme is to generate stable returns by creating a portfolio that is invested in good quality fixed income and money market securities. However there is no assurance that the investment objective of the scheme will be realized. Super Saver Income Fund -Medium Term Plan (SSIF-MTP) Super Saver Income Fund - Investment Plan (SSIF-IP) The primary objective of the Scheme is to generate stable returns with low risk strategy by investing in good quality fixed income securities and money market securities. However there is no assurance that the investment objective of the scheme will be realized. 1. SSIF-STP Instruments Indicative Allocation (% of total assets) Risk Profile Maximum Minimum Debt Instruments with maturity more than one year Debt & Money Market Instruments with maturity less than one year 60 0 Low to Medium Low Investment in Securitised Debt-upto 50%. Gross Exposure to Repo of Corporate Debt Securities-upto 10% of the net assets of the Scheme. Investment in Foreign Debt Instruments - upto 50% 2. SSIF-MTP Instruments Indicative Allocation (% of total assets) Risk Maximum Minimum Profile Debt Instruments with maturity more than one year Debt & Money Market Instruments with maturity less than one year 75 0 Low to Medium Low Investment in Securitised Debt upto 50%. Gross Exposure to Repo of Corporate Debt Securities upto 10% of the net assets of the Scheme. Investment in Foreign Debt Instruments upto 50% 3. SSIF-IP Instruments Indicative Allocation (% of total assets) Maximum Minimum Risk Profile Debt Instruments Low to Medium Money Market Instruments 60 0 Low Investment in Securitised Debt up to 50%. Investment in Foreign Debt Instruments up to 50%. Gross Exposure to Repo of Corporate Debt Securities upto 10% of the net assets of the Scheme.

4 Investment Strategy Risk Profile of the Scheme The Scheme proposes to invest only in a diversified set of fixed income securities with the aim of generating stable returns even over a short period with a low-risk strategy. The domestic debt markets are maturing rapidly with liquidity emerging in various debt segments through the introduction of new instruments and investors. The aim of the Investment Manager will be to allocate the assets of the Scheme between various fixed income securities with the objective of achieving consistent returns. The actual percentage of investment in various fixed income securities will be decided after considering the prevailing political conditions, the economic environment (including interest rates and inflation), the performance of the corporate sector and general liquidity as well as other considerations in the economy and markets. The Scheme proposes to invest only in a diversified set of fixed income securities and money market instruments with the aim of generating stable medium-term returns with a low-risk strategy. The domestic debt markets are maturing rapidly with liquidity emerging in various debt segments through the introduction of new instruments and investors. The aim of the Investment Manager will be to allocate the assets of the Scheme between various fixed income securities with the objective of achieving consistent returns. The actual percentage of investment in various fixed income securities will be decided after considering the prevailing political conditions, the economic environment (including interest rates and inflation), the performance of the corporate sector and general liquidity as well as other considerations in the economy and markets. The Scheme proposes to invest only in a diversified set of fixed income securities with the aim of generating stable long-term returns with a low-risk strategy. The domestic debt markets are maturing rapidly with liquidity emerging in various debt segments through the introduction of new instruments and investors. The aim of the Investment Manager will be to allocate the assets of the Scheme between various fixed income securities with the objective of achieving consistent returns. The actual percentage of investment in various fixed income securities will be decided after considering the prevailing political conditions, the economic environment (including interest rates and inflation), the performance of the corporate sector and general liquidity as well as other considerations in the economy and markets. Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk factors before investment. Price-Risk or Interest-Rate Risk: Fixed income securities such as bonds, debentures and money market instruments run price-risk or interest-rate risk. Generally, when interest rates rise, prices of existing fixed income securities fall and when interest rates drop, such prices increase. The extent of fall or rise in the prices is a function of the existing coupon, days to maturity and the increase or decrease in the level of interest rates. Re-investment Risk: Investments in fixed income securities may carry re-investment risk as interest rates prevailing on the interest or maturity due dates may differ from the original coupon of the bond. Consequently, the proceeds may get invested at a lower rate. Basis Risk (Interest - rate movement): During the life of a floating rate security or a swap, the underlying benchmark index may become less active and may not capture the actual movement in interest rates or at times the benchmark may cease to exist. These types of events may result in loss of value in the portfolio. Spread Risk: In a floating rate security the coupon is expressed in terms of a spread or mark up over the benchmark rate. However, depending upon the market conditions, the spreads may move adversely or favorably leading to fluctuation in the NAV.

5 Liquidity Risk: Due to the evolving nature of the floating rate market, there may be an increased risk of liquidity risk in the portfolio from time to time. Other Risk: In case of downward movement of interest rates, floating rate debt instruments will give a lower return than fixed rate debt instruments. Credit Risk: In simple terms this risk means that the issuer of a debenture/bond or a money market instrument may default on interest payment or even in paying back the principal amount on maturity. Even where no default occurs, the price of a security may go down because the credit rating of an issuer goes down. It must, however, be noted that where the Scheme has invested in Government Securities, there is no credit risk to that extent. Different types of securities in which the scheme would invest as given in the scheme information document carry different levels and types of risk. Accordingly the scheme s risk may increase or decrease depending upon its investment pattern. E.g. corporate bonds carry a higher amount of risk than Government securities. Further even among corporate bonds, bonds which are AAA rated are comparatively less risky than bonds which are AA rated. Risk Mitigation Factors Plans and Options The Fund by utilizing a holistic risk management strategy will endeavor to manage risks associated with investing in thematic equity funds. The risk control process involves identifying & measuring the risk through various risk measurement tools. The Fund has identified following risks and designed risk management strategies, which are embedded in the investment process to manage such risks. Risk Quality risk : Risk of investing in unsustainable / weak Market/ Interest rate risk: Risk of bonds prices falling as compared to their purchase prices as a result of rise in interest rates Concentration risk : Risk of undue concentration in the portfolio Basis risk : Movement in yields in the MTM bonds held by the schemes may be different from overall change in interest rates Liquidity risk : High impact costs at the time of buying or selling. Regular Plan & Direct Plan Regular Plan & Direct Plan Risk mitigants / management strategy Stringent credit evaluation process to ensure high quality portfolio companies To the extent of the scheme s allocation to mark-to-market securities investors will be exposed to market risk. Create a well-distributed portfolio with defined issuer limits Create a high quality portfolio with liquid securities that minimize basis risk Create a high quality portfolio with liquid securities which have low impact cost on buying / selling Regular Plan & Direct Plan Both the Plans under the Scheme have Growth & Dividend Option. Both the Plans under the Scheme have Growth & Dividend Option. Both the Plans under the Scheme have Growth & Dividend Option. No. of Folios and AUM (As on May 31, 2017) Applicable NAV (after the scheme Dividend Option under the Scheme offers Fortnightly, Periodic and Monthly frequency (each with payout, reinvestment and sweep facility). Folios ; AUM - Rs Cr. Dividend Option under the Scheme offers Daily (Reinvestment only) and Fortnightly, Monthly, Bi-monthly, Quarterly and Periodic frequency (each with payout, reinvestment and sweep facility). Folios ; AUM - Rs Cr. Cut-off timing for Subscriptions including Switch-ins Dividend Option under the Scheme offers Quarterly, Half Yearly, Annual and Periodic frequency (each with payout, reinvestment and sweep facility). Folios ; AUM - Rs Cr.

6 opens for repurchase and sale) For amount less than Rs 2 Lakhs: i) In respect of valid applications received upto 3.00 p.m on a Business Day by the Fund along with a local cheque or a demand draft payable at par at the official point(s) of acceptance where the application is received, the closing NAV of the day on which application is received shall be applicable. ii) In respect of valid applications received after 3.00 p.m on a Business day by the Fund along with a local cheque or a demand draft payable at par at the official point(s) of acceptance where the application is received, the closing NAV of the next Business day shall be applicable. iii) However, in respect of valid applications, with outstation cheques/demand drafts not payable at par at the official point(s) of acceptance where the application is received, closing NAV of the day on which cheque/demand draft is credited shall be applicable. For amount of Rs 2 Lakhs and above: i) In respect of valid application received upto 3.00 p.m on a day at the official point(s) of acceptance and funds for the entire amount of subscription/purchase as per the application are credited to the bank account of the respective Scheme before the cut-off time i.e available for utilization before the cut-off time - the closing NAV of the day shall be applicable. ii) In respect of valid application received after 3.00 p.m on a day at the official point(s) of acceptance and funds for the entire amount of subscription/purchase as per the application are credited to the bank account of the respective Scheme 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- the closing NAV of the next Business Day shall be applicable Irrespective of the time of receipt of application for an amount equal to or more than Rs. 2 lakhs at the official point(s) of acceptance, where funds for the entire amount of subscription/purchase as per the application are credited to the bank account of the respective Scheme before the cut-off time on any subsequent Business Day - i.e available for utilization before the cut-off time on any subsequent Business Day the closing NAV of such subsequent Business Day shall be applicable. Cut-off timing for Redemption including Switch-outs Minimum Application /Repurchase Amount Despatch of Repurchase (Redemption) Request Benchmark Dividend Policy i) In respect of valid applications received upto 3.00 p.m. at the Official Points of Acceptance of Transactions, the closing NAV of the day of receipt of application shall be applicable. ii) In respect of valid applications received after 3.00 p.m. at the Official Points of Acceptance of Transactions, the closing NAV of the next business day shall be applicable. Particulars Details Initial Investment Rs.5000/- and any amount thereafter Additional Purchases Rs.1000/- and any amount thereafter Repurchase Rs.500/- and any amount thereafter SIP Rs.1000/- and in multiples of Rs.1 thereafter [minimum 6 installments] SWP Rs.500/- and in multiples of Re.1 thereafter STP (in) Rs.1000/- and any amount thereafter Minimum Balance to be maintained Rs.500/- Within 10 working days of the receipt of the redemption request at the authorised centre of IDFC Mutual Fund. Crisil AAA Short Term Crisil Short-Term Bond Crisil Composite Bond Fund Index Fund Index Index Under Dividend Option, dividend will be declared subject to availability of distributable surplus and at discretion of AMC / Trustee. The undistributed portion of the income will

7 Name of the Fund Manager remain in the Option and be reflected in the NAV, on an ongoing basis. The Trustee s decision with regard to availability and adequacy, rate, timing and frequency of distribution of dividend shall be final. Suyash Choudhary (managing the Fund since March 11, 2011) Suyash Choudhary (Managing the Fund since September 15, 2015) Suyash Choudhary ( Managing the Fund since October 15, 2010) Name of the Trustee IDFC AMC Trustee Company Limited Company Performance of the Scheme: IDFC SUPER SAVER INCOME FUND - INVESTMENT PLAN (IDFC - SSIF - IP) Period Scheme Returns % Direct Regula r Benchmark Returns % Direct Regular 1 Year Years Years Since Incepti on IDFC SSIF - Invt Plan - Dir - Growth IDFC SSIF - Invt Plan - Reg - Growth Crisil Composite Bond Fund Index FY FY FY FY FY Benchmark Crisil Composite Bond Fund Index Date of Inception: Direct Plan Jan 01, 2013 Regular Plan July 14, 2000 IDFC SUPER SAVER INCOME FUND MEDIUM TERM PLAN (IDFC - SSIF - MTP) Period Scheme Returns % Direct Regul ar Benchmark Returns % Direct Regular 1 Year Years Years Since Inceptio n IDFC SSIF - MTP - Dir - Growth IDFC SSIF - MTP - Reg - Growth Crisil Short Term Bond Fund Index FY FY FY FY FY Benchmark Crisil Short Term Bond Fund Index Date of Inception: Direct Plan Jan 01, 2013 Regular Plan July 08, 2003

8 IDFC SUPER SAVER INCOME FUND SHORT TERM PLAN (IDFC - SSIF - STP) Period Scheme Returns % Direct Regula r Benchmark Returns % Direct Regula r 1 Year Years Years Since Inceptio n IDFC SSIF - Short Term - Dir -Growth IDFC SSIF - Short Term - Reg - Growth Crisil AAA Short Term Bond Index** FY FY FY FY FY Benchmark Crisil AAA Short Term Index Date of Inception: Direct Plan Jan 01, 2013 Regular Plan Dec 14, 2000 Expenses of the Scheme Waiver of Load for Direct Applications Tax treatment for the Investors (Unitholders) Daily Net Asset Value (NAV) Publication For Investor Grievances please contact Super Saver Income Fund - Short Term Plan (SSIF-STP) (i) Load Structure: Exit Load : NIL (ii) Actual expenses for the previous financial year (inclusive of Service Tax/Goods and Services Tax and Additional TER, if any): Regular Plan %; Direct Plan % Super Saver Income Fund - Medium Term Plan (SSIF- MTP) i) Load Structure: Exit Load : 0.50% if redeemed/ switched-out within 6 (six) months from the date of allotment (ii) Actual expenses for the previous financial year (inclusive of Service Tax/ Goods and Services Tax and Additional TER, if any): Regular Plan %; Direct Plan %. Super Saver Income Fund - Investment Plan (SSIF-IP) (i) Load Structure: Exit Load: In respect of each purchase of Units if redeemed/switched out within 365 days from the date of allotment: - For 10% of investment : Nil - For remaining investment : 1% If redeemed/switched out after 365 days from the date of allotment: Nil. (ii) Actual expenses for the previous financial year (inclusive of Service Tax/ Goods and Services Tax and Additional TER, if any): Regular Plan %; Direct Plan %. Pursuant to SEBI circular no. SEBI/IMD/CIR No.4/ / 09 dated June 30, 2009, there is no entry load for Mutual Fund schemes. Hence, the procedure for waiver of load for Direct Applications is no longer applicable. Investor will be advised to refer to the details in the Statement of Additional Information and also independently refer to his tax advisor. The NAV of the Fund will be calculated on all Business Days. The NAV will be published in 2 daily newspapers having nationwide circulation and will also be updated on the AMFI website i.e. by 9.00 P.M. on all business days. The NAV can also be viewed on the website of the Mutual Fund i.e. Name and Address of Registrar Computer Age Management Services Private Limited (CAMS) 7th Floor, Tower II, Rayala Towers No.158, Anna Salai, Chennai

9 Unitholders Information Name Region Address and Contact Number Neeta Singh West- Ramon House, 169, Maharashtra & Backbay Reclamation, H.T Goa Parekh Marg, Churchgate, Mumbai Tel.: Bansari Soni Gujarat and Rajasthan Additi Bhardwaj Baldev Shandil Vijith Raghavan Vithya Kumar Dipesh K. Shah North- Delhi Rest of North East, MP and Chhattisgarh South -Tamil Nadu & Kerala South Andhra Pradesh and Karnataka Ramya Adepu South- Hyderabad Account Statements B Wing, 3 rd Floor, Chandan House, Opp Gruh Finance, Mithakhali Six Roads, Law Garden, Ahmedabad Tel.: , , th Floor, Narain Manzil, 23, Barakhamba Road, New Delhi Tel: Fax: , SCO: ,1St Floor, Sector-22-C Chandigarh Tel: , Ext-17205, Mobile: Oswal Chambers, 1st Floor, 2 Church Lane, Kolkata Phone: to 1004; Fax: th Floor, KRM Towers, No.1, Harrington Road, Chetpet, Chennai Tel.: Extn: th Floor, East Wing, Raheja Towers, #26 & 27, M. G. Road, Bangalore Tel.: / 05/ /7/C/2/S2, 2nd Floor, Amit Plaza, Somajiguda, Hyderabad Phone neeta.singh@idfc.com bansari.soni@idfc.com additi.bhardwaj@idfc.co m baldev.shandil@idfc.com vijith.raghavan@idfc.com Vithya.k@idfc.com Dipesh.kshah@idfc.com ramya.adepu@idfc.com For NFO allotment and fresh purchase during ongoing sales with creation of a new Folio: 1. The AMC shall allot the units to the applicant whose application has been accepted and also send confirmation specifying the number of units allotted to the applicant by way of and/or SMS s to the applicant s registered address and/or mobile number within five working days from the date of closure of the NFO /

10 transaction. 2. The AMC shall issue to the investor whose application has been accepted, an account statement specifying the number of units allotted within five business days of closure of NFO/transaction. For allotment in demat form the account statement shall be sent by the depository / depository participant, and not by the AMC. 3. For NFO allotment in demat form, the AMC shall issue an intimation of allotment. 4. For those unitholders who have provided an address, the AMC will send the account statement by instead of physical statement. 5. The unitholder may request for an account statement by writing / calling us at any of the ISC and the AMC shall provide the account statement to the investor within 5 business days from the receipt of such request. Pursuant to sub regulation (1), (2) and (4) of Regulation 36 of SEBI (Mutual Funds) Regulations, 1996 read with SEBI circulars no. Cir/ IMD/DF/16/ 2011 dated September 08, 2011, no. Cir/MRD/D9/31/2014 dated November 12, 2014, no. SEBI/HO/IMD/DF2/CIR/P/2016/42dated March 18, 2016 and no. SEBI/HO/IMD/DF2/CIR/P/2016/89 dated September 20, 2016, investors are requested to note the following regarding dispatch of account statements: A) Consolidated Account Statement (CAS) - for Unitholders who have registered their PAN / PEKRN with the Mutual Fund: Investors who hold demat account and have registered their PAN with the mutual fund: For transactions in the schemes of IDFC Mutual Fund, a Consolidated Account Statement, based on PAN of the holders, shall be sent by Depositories to investors holding demat account, for each calendar month within 10th day of the succeeding month to the investors in whose folios transactions have taken place during that month. Due to this regulatory change, AMC has now ceased sending account statement (physical / ) to the investors after every financial transaction including systematic transactions. The CAS shall be generated on a monthly basis. AMCs/ RTAs shall share the requisite information with the Depositories on monthly basis to enable generation of CAS. Consolidation of account statement shall be done on the basis of PAN. In case of multiple holding, it shall be the PAN of the first holder and pattern of holding. Based on the PANs provided by the AMCs/MF-RTAs, the Depositories shall match their PAN database to determine the common PANs and allocate the PANs among themselves for the purpose of sending CAS. For PANs which are common between depositories and AMCs, the Depositories shall send the CAS. In case investors have multiple accounts across the two depositories, the depository having the demat account which has been opened earlier shall be the default depository which will consolidate details across depositories and MF investments and dispatch the CAS to the investor. However, option shall be given to the demat account holder by the default depository to choose the depository through which the investor wishes to receive the CAS. In case of demat accounts with nil balance and no transactions in securities and in mutual fund folios, the depository shall send the account statement to the investor as specified under the regulations applicable to the depositories. Consolidated account statement sent by Depositories is a statement containing details relating to all financial transactions made by an investor across all mutual funds viz. purchase, redemption, switch, dividend payout, dividend reinvestment, systematic

11 investment plan, systematic withdrawal plan, systematic transfer plan, bonus etc. (including transaction charges paid to the distributor) and transaction in dematerialised securities across demat accounts of the investors and holding at the end of the month. The CAS shall also provide the total purchase value / cost of investment in each scheme. Further, a consolidated account statement shall be sent by Depositories every half yearly (September/March), on or before 10th day of succeeding month, providing the following information: - holding at the end of the six month - The amount of actual commission paid by AMCs/Mutual Funds (MFs) to distributors (in absolute terms) during the half-year period against the concerned investor s total investments in each MF scheme. The term commission here refers to all direct monetary payments and other payments made in the form of gifts / rewards, trips, event sponsorships etc. by AMCs/MFs to distributors. Further, a mention may be made in such CAS indicating that the commission disclosed is gross commission and does not exclude costs incurred by distributors such as service tax/ Goods and Services Tax (wherever applicable, as per existing rates), operating expenses, etc. - The scheme s average Total Expense Ratio (in percentage terms) for the half-year period for each scheme s applicable plan (regular or direct or both) where the concerned investor has actually invested in. Such half-yearly CAS shall be issued to all MF investors, excluding those investors who do not have any holdings in MF schemes and where no commission against their investment has been paid to distributors, during the concerned half-year period. Investors whose folio(s)/demat account(s) are not updated with PAN shall not receive CAS. Investors are therefore requested to ensure that their folio(s)/demat account(s) are updated with PAN. For Unit Holders who have provided an address to the Mutual Fund or in KYC records, the CAS will be sent by . However, where an investor does not wish to receive CAS through , option shall be given to the investor to receive the CAS in physical form at the address registered in the Depository system. Investors who do not wish to receive CAS sent by depositories have an option to indicate their negative consent. Such investors may contact the depositories to opt out. Other investors: The Consolidated Account Statement (CAS) for each calendar month shall be issued on or before tenth day of succeeding month to the investors who have provided valid Permanent Account Number (PAN) / PAN Exempt KYC Registration Number (PEKRN). Due to this regulatory change, AMC has now ceased sending physical account statement to the investors after every financial transaction including systematic transactions. The CAS shall be generated on a monthly basis. The Consolidated Account Statement issued is a statement containing details relating to all financial transactions made by an investor across all mutual funds viz. purchase, redemption, switch, dividend payout, dividend reinvestment, systematic investment plan, systematic withdrawal plan, systematic transfer plan, bonus etc. (including transaction charges paid to the distributor) and holding at the end of the month. The CAS shall also provide the total purchase value / cost of investment in each scheme. Further, a consolidated account statement shall be issued every half yearly (September/March), on or before 10th day of succeeding month, providing the following

12 information: - holding at the end of the six month - The amount of actual commission paid by AMCs/Mutual Funds (MFs) to distributors (in absolute terms) during the half-year period against the concerned investor s total investments in each MF scheme. The term commission here refers to all direct monetary payments and other payments made in the form of gifts / rewards, trips, event sponsorships etc. by AMCs/MFs to distributors. Further, a mention may be made in such CAS indicating that the commission disclosed is gross commission and does not exclude costs incurred by distributors such as service tax/ Goods and Services Tax (wherever applicable, as per existing rates), operating expenses, etc. - The scheme s average Total Expense Ratio (in percentage terms) for the half-year period for each scheme s applicable plan (regular or direct or both) where the concerned investor has actually invested in. Such half-yearly CAS shall be issued to all MF investors, excluding those investors who do not have any holdings in MF schemes and where no commission against their investment has been paid to distributors, during the concerned half-year period. The CAS will be sent via (instead of physical statement) where any of the folios consolidated has an id or to the id of the first unit holder as per KYC records. B) For Unitholders who have not registered their PAN / PEKRN with the Mutual Fund: For folios not included in the Consolidated Account Statement (CAS): The AMC shall allot the units to the applicant whose application has been accepted and also send confirmation specifying the number of units allotted to the applicant by way of and/or SMS s to the applicant s registered address and/or mobile number within five working days from the date of transaction. The AMC shall issue account statement to the investors on a monthly basis, pursuant to any financial transaction in such folios on or before tenth day of succeeding month. The account statement shall contain the details relating to all financial transactions made by an investor during the month, the holding as at the end of the month and shall also provide the total purchase value / cost of investment in each scheme. For those unitholders who have provided an address, the AMC will send the account statement by instead of physical statement. The unitholder may request for an account statement by writing / calling us at any of the ISC and the AMC shall provide the account statement to the investor within 5 business days from the receipt of such request. Further, an account statement shall be sent by the AMC every half yearly (September/March), on or before 10th day of succeeding month, providing the following information: - holding at the end of the six month - The amount of actual commission paid by AMCs/Mutual Funds (MFs) to distributors (in absolute terms) during the half-year period against the concerned investor s total investments in each MF scheme. The term commission here refers to all direct monetary payments and other payments made in the form of gifts / rewards, trips, event sponsorships etc. by AMCs/MFs to distributors. Further, a mention may be made in such CAS indicating that the commission disclosed is gross commission and does not exclude costs incurred by distributors such as service tax/ Goods and

13 Services Tax (wherever applicable, as per existing rates), operating expenses, etc. - The scheme s average Total Expense Ratio (in percentage terms) for the half-year period for each scheme s applicable plan (regular or direct or both) where the concerned investor has actually invested in. Such half-yearly account statement shall be issued to all investors, excluding those investors who do not have any holdings in IDFC MF schemes and where no commission against their investment has been paid to distributors, during the concerned half-year period. C) For all Unitholders In case of a specific request received from the unit holder, the AMC shall provide the account statement to the investor within 5 business days from the receipt of such request. Monthly portfolio disclosure: The Mutual fund shall disclose portfolio (along with ISIN) as on the last day of the month for this scheme on on or before the tenth day of the succeeding month. Half yearly Portfolio Disclosures: (This is a list of securities where the corpus of the scheme is currently invested. The market value of these investments is also stated in portfolio disclosures.) The Mutual Fund shall within one month from the close of each half year, that is on 31st March and on 30th September, publish the portfolios of the Scheme in in atleast one English daily newspaper having nationwide circulation and in a newspaper having wide circulation published in the language of the region where the Head Office of the mutual fund is situated. The said portfolios shall also be hosted on the website of IDFC Mutual Fund i.e. The mutual fund may opt to send the portfolio to all unit holders in lieu of the advertisement (if applicable). Half Yearly Results The Mutual Fund shall within one month from the close of each half year, that is on 31st March and on 30th September, host a soft copy of its unaudited financial results on their website and shall publish an advertisement disclosing the hosting of such financial results on their website, in atleast one English daily newspaper having nationwide circulation and in a newspaper having wide circulation published in the language of the region where the Head Office of the mutual fund is situated. Annual Report: Scheme wise Annual Report or an abridged summary thereof shall be mailed to all unitholders within four months from the date of closure of the relevant accounts year i.e. 31st March each year as under: (i) by to the Unit holders whose address is available with the Fund, (ii) in physical form to the Unit holders whose address is not available with the Fund and/or to those Unit holders who have opted / requested for the same. The physical copy of the scheme wise annual report or abridged summary shall be made available to the investors at the registered office of the AMC. A link of the scheme annual report or abridged summary shall be displayed prominently on the website of the Fund. Half yearly disclosures: The Mutual Fund shall within one month from the close of each half year, that is on 31st March and on 30th September, host a soft copy of its unaudited financial results on their

14 website and shall publish an advertisement disclosing the hosting of such financial results on their website, in atleast one English daily newspaper having nationwide circulation and in a newspaper having wide circulation published in the language of the region where the Head Office of the mutual fund is situated. The Annual Report, portfolio statement and the un audited financial results will also be displayed on the website of the Mutual Fund ( and Association of Mutual Funds in India ( Portfolio Holdings and fund allocation towards various sectors ( Holdings of the Scheme as on May 31, 2017 is stated here below) And Exposure of the Scheme across various sectors ( Top 10 holdings of the Scheme as on May 31, 2017) IDFC Super Saver Fund Medium Term Plan Name NAV (IN %) Kotak Mahindra Prime Ltd 13.22% Government of India 13.05% Housing Development Finance Corporation Limited 12.77% Rajasthan - State Government Securities 11.49% LIC Housing Finance Limited 11.46% Power Finance Corporation Limited 8.80% Rural Electrification Corporation Limited 3.66% Bajaj Finance Limited 3.10% Small Industries Dev Bank of India 2.85% Haryana - State Government Securities 2.63% Fund allocation of the Scheme across various sectors: 70.00% 60.00% 50.00% 40.00% 30.00% 20.00% 10.00% 0.00% 58.01% 35.80% 2.15% FINANCIAL SERVICES SOVEREIGN ENERGY NAV(%) IDFC Super Saver Fund Short Term Plan Name NAV (IN %) Housing Development Finance Corporation Limited 12.66% National Bank For Agriculture and Rural Development 11.58% Power Finance Corporation Limited 10.32% Power Grid Corporation of India Limited 9.69% LIC Housing Finance Limited 9.39% Bajaj Finance Limited 8.06% Kotak Mahindra Prime Ltd 6.80% Indian Railway Finance Corp Ltd 5.05% UltraTech Cement Limited 4.65% Rural Electrification Corporation Limited 4.31%

15 Fund allocation of the Scheme across various sectors: 80.00% 73.96% 60.00% 40.00% 20.00% 0.00% 11.93% FINANCIAL SERVICES ENERGY CEMENT & CEMENT PRODUCTS 4.65% 3.64% 1.87% CONSTRUCTION TELECOM NAV(%) IDFC Super Saver Fund Investment Plan Name NAV (IN %) Government of India 28.81% Tamil Nadu - State Government Securities 10.37% Rajasthan - State Government Securities 8.88% Haryana - State Government Securities 8.03% Indian Railway Finance Corp Ltd 7.94% Uttar Pradesh - State Government Securities 6.10% Karnataka - State Government Securities 5.10% Export Import Bank of India 3.90% NTPC Limited 3.80% Gujarat - State Government Securities 3.77% Fund allocation of the Scheme across various sectors: 80.00% 75.75% 60.00% 40.00% 20.00% 0.00% 17.15% 4.62% SOVEREIGN FINANCIAL SERVICES ENERGY NAV(%) Monthly portfolio statement of the Scheme is hosted on website Notwithstanding anything contained in the Scheme Information Document (SID) / Statement of Additional Information (SAI)/ Key Information Memorandum (KIM) the provisions of SEBI (Mutual Funds) Regulations 1996 and Guidelines there under shall be applicable. Further, investors may ascertain about any further changes from the Mutual Fund/Investor Service Centres / distributors or brokers. Please refer to the Statement of Additional Information and Scheme Information Document for any further details. Dated: June 15, 2017

16 COMPARISON OF DEBT SCHEMES WITH OTHER SCHEMES OF IDFC MUTUAL FUND IS AS UNDER: Scheme IDFC Cash Fund IDFC Ultra Short Term Fund IDFC Dynamic Bond Fund IDFC Banking Debt Fund IDFC Corporate Bond Fund IDFC Government Securities Fund - Investment Plan IDFC Government Securities Fund -Provident Fund Plan IDFC Government Securities Fund -Short Term Plan IDFC Super Saver Income Fund - Investment Plan IDFC Super Saver Income Fund - Medium Term Plan IDFC Super Saver Income Fund - Short Term Pla'n IDFC Money Manager Fund - Investment Plan IDFC Money Manager Fund - Treasury Plan IDFC Monthly Income Plan Comparison A dedicated liquid fund Fund is positioned between Liquid & Short Term income fund, with predominant exposure to money market instruments - Active duration management across the entire spectrum of yield curve - The fund attempts to mitigate interest rate risk in an adverse rate scenario by actively curtailing duration, whereas it attempts to benefit from favourable interest rate scenario by extending duration. Hence it is well suited for an investor who wants to passively allocate to debt without taking interest rate view The scheme seeks to deliver returns from the yield curve through investments in Banks issuances a Banking Sector Specific Fund Scheme focussed on delivering returns through the corporate yield curve, with weighted average maturity capped at 5 years, no investment in Gsecs. Dedicated to investment in SLR securities, positioned as an actively managed GSEC fund along the entire spectrum of the yield curve Dedicated to investment in SLR securities, positioned as a GSEC fund suitable for longer term investors who wish to participate in the complete interest rate cycle Suitable for PF investment Dedicated to investment in SLR securities with predominant investment at the shorter end of the sovereign curve A long term income fund positioned to deliver returns from fixed income securities over the complete interest rate cycle A medium term income fund positioned to deliver returns from fixed income securities, over the medium term, with a moderate maturity profile The fund is positioned as a short term income fund and is mostly a mix of short duration debt and money market instruments. Positioned at the short to very short end of the yield curve, with a high credit quality portfolio Positioned at the very short end of the yield curve, with a high quality portfolio MIP scheme with exposure to equity securities.

17 Name, address and contact no. of Registrar and Transfer Agent (R&T), id of R&T, website address of R&T, official points of acceptance, collecting banker details etc. REGISTRAR: Computer Age Management Services Private Limited (CAMS) 7 th Floor, Tower II, Rayala Towers, No.158, Anna Salai, Chennai Tel /7262 ID: p_madhu@camsonline.com Website: Official Points of Acceptance of Transactions, CAMS Agartala: Advisor Chowmuhani (Ground Floor), Krishnanagar, Agartala, Tripura Agra : No.8, II Floor, Maruti Tower, Sanjay Place, Agra, Uttar Pradesh Ahmedabad : , 1st Floor,, Devpath Building, Off C. G. Road, Behind Lal Bungalow, Ellis Bridge, Ahmedabad, Gujarat Ajmer: AMC No.423/30, Near Church Brahampuri, Opp. T.B.Hospital, Jaipur Road, Ajmer, Rajasthan Akola: Opp.RLT Science College, Civil Lines, Akola, Maharashtra Aligarh: City Enclave, Opp. Kumar Nursing Home, Ramghat Road, Aligarh, Uttar Pradesh Allahabad : 30/2, A&B, Civil Lines Station, Besides Vishal Mega Mart, Strachey Road, Allahabad, Uttar Pradesh Alleppey : Doctor'sTower Building, Door No.14/2562, 1st floor, North of Iorn Bridge, Near Hotel Arcadia Regency, Alleppey, Kerala Alwar : 256A,Scheme No.1, Arya Nagar, Alwar, Rajasthan Amaravati : 81, Gulsham Tower, 2nd Floor, Near Panchsheel Talkies, Amaravati, Maharashtra Ambala : Opposite PEER, Bal Bhavan Road, Ambala, Haryana Amritsar : SCO- 18J, 'C'BLOCK, RANJIT AVENUE, Amritsar, Punjab Anand : 101, A.P.Tower, B/H Sardhar Gunj, Next to Nathwani Chambers, Anand, Gujarat Anantapur : , I Floor, Pallavi Towers, Anantapur, Andhra Pradesh Andheri : 351, Icon, 501, 5 th Floor, Western Express Highway, Andheri East, Mumbai Maharashtra. Ankleshwar : Shop No.F-56, First Floor, Omkar Complex, Opp.Old Colony, Nr. Valia Char Rasta, GIDC,Ankleshwar-Bharuch, Gujarat Asansol:Block G, 1st Floor,P.C.Chatterjee Market Complex, Rambandhu Talab P O Ushagram, Asansol, West Bengal Aurangabad: Office No.1, 1st Floor, Amodi Complex, Juna Bazar, Aurangabad,Maharashtra Balasore:B.C.Sen Road, Balasore, Orissa Bangalore: Trade Centre, 1st Floor, 45, Dikensen Road, Next to Manipal Centre, Bangalore, Karnataka Bareilly:F-62-63, Butler Plaza, Civil Lines, Bareilly, Uttar Pradesh Belgaum:1st Floor, 221/2A/1B, Vaccine Depot Road, Near 2nd Railway gate, Tilakwadi, Belgaum,Karnataka Bellary:60/5, Mullangi Compound, Gandhinagar Main Road (Old Gopalswamy Road), Bellary, Karnataka Berhampur: Kalika Temple Street, Beside SBI Bazar Branch, Berhampur , Ganjanm (Odisha). Bhagalpur:Krishna, I Floor, Near Mahadev Cinema, Dr.R.P.Road, Bhagalpur, Bihar Bhatinda:2907 GH,GT Road, Near Zila Parishad, Bhatinda, Punjab Bhavnagar: , Sterling Point, Waghawadi Road, Opp.HDFC BANK, Bhavnagar, Gujarat Bhilai: First Floor, Plot No. 3, Block No. 1, Priyadarshini Parisar West, Behind IDBI Bank, Nehru Nagar, Bhilai, District Durg Bhilwara:Indraparstha Tower, Second floor, Shyam ki sabji mandi, Near Mukharji garden, Bhilwara, Rajasthan Bihar Sharif (Nalanda); R C Palace, Amber Station Road, Opp.: Mamta Complex, Bihar Sharif (Nalanda), Bihar Bhopal: Plot no.10, 2nd Floor, Alankar Complex, Near ICICI Bank, MP Nagar, Zone II, Bhopal, Madhya Pradesh Bhubaneswar:Plot No. 111,Varaha Complex Building, 3rd Floor, Station Square, Kharvel Nagar Unit 3, Bhubaneswar, Orissa Bhuj:Data Solution, Office No.17, Ist Floor, Municipal Building, Opp. Hotel Prince, Station Road, Bhuj-Kutch, Gujarat Bikaner: Behind Rajasthan Patrika, In front of Vijaya Bank, 1404, Amar Singh Pura, Bikaner, Rajasthan Bilaspur:Beside HDFC Bank, Link Road, Bilaspur, Chattisgarh Bokaro:Mazzanine Floor, F-4, City Centre, Sector 4, Bokaro Steel City, Bokaro, Jharkhand Borivali: Hirji Heritage, 4 Floor, Office No. 402,

18 Landmark : Above Tribhuwandas Bhimji Zaveri (TBZ), L.T. Road, Borivali - (West), Mumbai id: camsbor@camsonline.com Burdwan: 1st Floor, Above Exide Showroom, 399, G. T. Road Burdwan id: camsbdw@camsonline.com Phone: , Calicut:29/97G 2nd Floor, Gulf Air Building, Mavoor Road, Arayidathupalam, Calicut, Kerala Chandigarh:Deepak Tower, SCO , 1st Floor, Sector 17-C, Chandigarh, Punjab Chennai No. 158, Anna Salai, 7th Floor, Tower II, Rayala Towers, Chennai Chennai:Ground Floor,No.178/10, Kodambakkam High Road, Opp.Hotel Palmgrove, Nungambakkam, Chennai, Tamil Nadu Cochin:Ittoop's Imperial Trade Center, Door No. 64/5871 D, 3rd Floor, MG. Road(North), Cochin, Kerala Coimbatore:Old #66 New #86, Lokamanya Street (West), Ground Floor, R.S.Puram, Coimbatore, Tamil Nadu Cuttack:Near IndianOverseas Bank, Cantonment Road, Mata Math, Cuttack, Orissa Davenegere:13, Ist Floor, Akkamahadevi Samaj Complex, Church Road, P.J.Extension, Devengere, Karnataka Dehradun:204/121 Nari Shilp Mandir Marg, Old Connaught Place, Dehradun, Uttaranchal Deoghar:SSM Jalan Road, Ground floor, Opp.Hotel Ashoke, Caster Town,Deoghar, Jharkhand Dhanbad:Urmila Towers, Room No.111(1st Floor), Bank More, Dhanbad, Jharkhand Durgapur: Plot No. 3601, Nazrul Sarani, City Centre, Durgapur Erode:197, Seshaiyer Complex, Agraharam Street, Erode, Tamil Nadu Faridhabad:B-49, Ist Floor, Nehru Ground, Behind Anupam SweetHouse, NIT, Faridhabad, Haryana Faizabad: 1/13/196, A, Civil Lines, Behind Tirupati Hotel, Faizabad, Uttar Pradesh Phone No Ghaziabad:113/6, I Floor, Navyug Market, Gazhiabad, Uttar Pradesh Goa: Lawande Sarmalkar Bhavan, 1st Floor, Office No. 2, Next to Mahalaxmi Temple, Panaji, Goa Firozabad: 53, 1st Floor, Shastri Market, Sadar Bazar, Firozabad Gorakhpur:Shop No.3, Second Floor, The Mall, Cross Road, A.D.Chowk, Bank Road, Gorakhpur, Uttar Pradesh Guntur:Door No , 5/1BRODIPET, Near Ravi Sankar Hotel, Guntur, Andhra Pradesh Gurgaon:SCO-16, Sector-14, First floor, Gurgaon, Haryana Guwahati:A.K.Azad Road, Rehabari,Guwahati, Assam Gwalior: G-6 Global Apartment, Kailash Vihar Colony, Opp.Income Tax Office, City Centre, Gwalior, Madhya Pradesh Hazaribag:Municipal Market Annanda Chowk, Hazaribagh, Jharkhand Hisar:12, Opp.Bank of Baroda, Red Square Market, Hisar, Haryana Hubli:No , 1st Floor, 'B' Block, Kundagol Complex, Opp. Court, Club Road, Hubli, Karnataka Hyderabad:208, II Floor, Jade Arcade, Paradise Circle, Secunderabad, Andhra Pradesh Indore:101, Shalimar Corporate Centre, 8-B, South Tukogunj, Opp.Greenpark, Indore, Madhya Pradesh Jabalpur:8, Ground Floor, Datt Towers, Behind Commercial Automobiles, Napier Town,Jabalpur, Madhya Pradesh Jaipur:R-7, Yudhisthir Marg, C-Scheme, Behind Ashok Nagar Police Station, Jaipur, Rajasthan Jalandhar:367/8, Central Town,Opp.Gurudwara Diwan Asthan, Jalandhar, Punjab Jalgaon:Rustomji Infotech Services, 70, Navipeth, Opp.Old Bus Stand, Jalgaon, Maharashtra Jalna:Shop No.6,Ground Floor, Anand Plaza Complex, Bharat Nagar, Shivaji Putla Road, Jalna, Maharashtra Jammu: JRDS Heights, Lane Opp. S&S Computers, Near RBI Building, Sector 14,Nanak Nagar, Jammu, J&K Jamnagar: 217/218, Manek Centre, P.N.Marg, Jamnagar, Gujarat Jamshedpur: Millennium Tower, "R" Road, Room No.15 First Floor,Bistupur, Jamshedpur, Jharkhand Jhansi: 372/18 D, Ist Floor, Above IDBI Bank, Beside V-Mart, Near RASKHAN, Gwalior Road, Jhansi, Uttar Pradesh Jodhpur:1/5, Nirmal Tower, IstChopasani Road, Jodhpur, Rajasthan Junagadh:202-A, 2nd Floor, Aastha Plus Complex, Opp.Jhansi Rani Statue Near Alkapuri, Sardarbaug Road, Junagadh, Gujarat Kadapa:Bandi Subbaramaiah Complex, D.No.3/1718, Shop No.8, Raja Reddy Street, Kadapa, Andhra Pradesh Kakinada:No.33-1, 44 Sri Sathya Complex, Main Road, Kakinada,Andhra Pradesh Kalyani:A - 1/50, Block-A, Dist Nadia, Kalyani, West Bengal Kannur:Room No.14/435, Casa Marina Shopping Centre, Talap, Kannur, Kerala Kanpur:I Floor, 106 to 108, CITY CENTRE Phase II, 63/ 2, THE MALL, Kanpur, Uttar Pradesh Karimnagar:HNo , Upstairs SBH Mangammathota, Karimnagar,Andhra Pradesh Karnal : 29, Avtar Colony, Behind Vishal Mega Mart, Karnal (Haryana), Karur:126 G, V.P.Towers, Kovai Road, Basement of Axis Bank, Karur, Tamil Nadu Kharagpur:H.NO.291/1, ward no.15, malancha main road,opposite UCO bank, Kharagpur, West Bengal Kobra - Shop No. 6, Shriram Commercial Complex, Infront of Hotel Blue Diamond, Ground Floor, T. P. Nagar, Korba, Chhattisgarh Kolhapur:2B, 3rd Floor, Ayodhya Towers, Station Road, Kolhapur, Maharashtra Kolkata:Saket Building, 44 ParkStreet, 2nd Floor, Kolkata, West Bengal Kollam:Kochupilamoodu Junction, Near VLC, Beach Road, Kollam, Kerala -