Fixed Term Plan - Series OM (1146days) This product is suitable for investors who are seeking:

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1 Scheme Information Document Birla Sun Life Fixed Term Plan - Series OM (A Close ended Income Scheme) (1146 This product is suitable for investors who are seeking: income with capital growth over long term investmentss in debt money market securities maturing on or before tenure of Scheme Investors should consult ir financial advisers if in doubt wher product is suitable for m. Offer of units of Rs10/- each for cash during New Fund Offer New Fund Offer Opens On New Fund Offer Closes On Tuesday, March 28, 2017 Wednesday, March 29, 2017 subscription list may be closed earlier by giving at least one day s notice in one daily newspaper. Trustee reservess right to extend closing date of New Fund Offer Period, subject to condition that subscription list of New Fund Offer Period shall not be kept open for more than 15 days. Name of Mutual Fund Birla Sun Life Mutual Fund (BSLMF) One India Bulls Centre, Tower 1, 17th Name of Asset Management Company Birla Sun Life Asset Management Company Limited (BSLAMC) Name of Trustee Company Birla Sun Life Trustee Company Pvt. Ltd(BSLTCP). Floor, Jupiter Mill Compound, 841, One India Bulls Centre, Tower 1, 17th Floor, One India Bulls Centre, Tower 1, 17th Floor, Senapati Bapat Marg, Elphinstone Road, Mumbai Tel , Fax No / 8111 Websitee Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai Tel , Fax No / 8111 CIN: U65991MH1994PLC Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai Tel , Fax No / 8111 CIN: U74899MH1994PTC particulars of Scheme have been prepared in accordance with Securities Exchange Board of India (Mutual Funds) Regulations 1996, (herein after referred to as SEBI (MF) Regulations) as amended till date, filed with SEBI, along with a Due Diligence Certificate from AMC. units being offered for public subscription have not been approved or recommended by SEBI nor has SEBI certified accuracy or adequacy of Scheme Information Document. Please refer NSE disclaimer Clause overleaf. Scheme Information Document sets forth concisely information about scheme that a prospective investor ought to know before nvesting. Before investing, investors should also ascertain about any furr changes to this Scheme Information Document after date of this Document from Mutual Fund / Investor Service Centres / Website / Distributors or Brokers. Mutual Fund/AMC its empanelled broker(s) has not given shall not give any indicative portfolio indicative yield in any communication, in any manner whatsoever. Investors are advised not to rely on any communication regarding indicative yield/portfolio with regard to scheme. investors are advised to refer to Statement of Additional Informationn (SAI) for details of Birla Sun Life Mutual Fund, Tax Legal issues general information on SAI is incorporated by reference (is legally a part of Schemee Information Document). For a free copy of current SAI, please contact your nearest Investor Service Centre or log on to our website Scheme Information Document should be read in conjunction with SAI not in isolation. This Scheme Information Document is dated March 15, 2017

2 DISCLAIMER OF NSE: As required, a copy of this Scheme Information Document has been submitted to National Stock Exchange of India Limited (hereinafter referred to as NSE). NSE has given vide its letter NSE/LIST/ dated February 20, 2017 permission to Mutual Fund to use Exchange s name in this Scheme Information Document as one of Stock Exchanges on which Mutual Fund s units are proposed to be listed subject to, Mutual Fund fulfilling various criteria for listing. Exchange has scrutinized this Scheme Information Document for its limited internal purpose of deciding on matter of granting aforesaid permission to Mutual Fund. It is to be distinctly understood that aforesaid permission given by NSE should not in any way be deemed or construed that Scheme Information Document has been cleared or approved by NSE; nor does it in any manner warrant, certify or endorse correctness or completeness of any of contents of this Scheme Information Document; nor does it warrant that Mutual Fund s units will be listed or will continue to be listed on Exchange; nor does it take any responsibility for financial or or soundness of Mutual Fund, its sponsors, its management or any scheme of Mutual Fund. Every person who desiress to apply for or orwise acquire any units of Mutual Fund may do so pursuant to independent inquiry, investigation analysis shall not have any claim against Exchange whatsoever by reason of any loss which may be suffered by such person consequent to or in connection with such subscription/acquisition wher by reason of anything stated or omitted to be stated herein or any or reason whatsoever. Page2

3 TABLE OF CONTENTS HIGHLIGHTS OF THE SCHEME... 4 Section I INTRODUCTION... 6 A. RISK FACTORS... 6 B. RISK CONTROL STRATEGIES... 8 C. REQUIREMENT OF MINIMUM INVESTORS IN THE SCHEME... 9 D. SPECIAL CONSIDERATIONS... 9 E. DEFINITIONS F. DUE DILIGENCE BY THE ASSET MANAGEMENT COMPANY Section II INFORMATION ABOUT THE SCHEME A. TYPE OF THE SCHEME B. INVESTMENT OBJECTIVE C. ASSET ALLOCATION AND INVESTMENT PATTERN D. INVESTMENT BY SCHEME E. INVESTMENT STRATEGY F. FUNDAMENTAL ATTRIBUTES G. BENCHMARK H. FUND MANAGER I. INVESTMENT RESTRICTIONS FOR THE SCHEME J. SCHEME PERFORMANCE Section III - UNITS AND OFFER A. NEW FUND OFFER B. ONGOING OFFER DETAILS C. PERIODIC DISCLOSURES D. COMPUTATION OF NET ASSET VALUE Section IV FEES AND EXPENSES A. NEW FUND OFFER EXPENSES B. ANNUAL SCHEME RECURRING EXPENSES C. TRANSACTION CHARGES D. LOAD STRUCTURE E. WAIVER OF LOAD FOR DIRECT APPLICATIONS Section V - RIGHTS OF UNITHOLDERS Section VI - PENALTIES, PENDING LITIGATION OR PROCEEDINGS Page3

4 HIGHLIGHTS OF THE SCHEMEE Name of Scheme Structure Investment Objective Liquidity Flexibility Plans/ Options offered Default Plan / Option / Sub-option (In case investor fails to specify his preference, given default plan / option / sub-option would apply) Birla A Close ended Income Scheme scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before duration of scheme. Scheme does not guarantee/indicate any returns. re can be no assurance that schemes objectives will be achieved. scheme will have duration/tenure of 1146 days from including date of allotment. NAV of scheme will be announced on every business day. No redemption or repurchase will be permitted priorr to maturity of Scheme however, scheme will be listed on NSE /or any or recognized stock exchanges as may be decided by AMC from time to time Unitholders who wish to redeem units may do so through Stock Exchange at prevailing listed price on such Stock Exchange. Mutual Fund will allow investors flexibility to switch ir investments (subject to minimum application amount under scheme) from any or scheme(s) / plans managed by Mutual Fund, Fund, as per features of respective scheme, / or close endedd scheme(s) / plans offered by Mutual Fund to Birla Sun Life Fixed Term Plan-Series OM (1146 during New Fund Offer period (subject to completion of lock-in period, if any, of units of scheme(s) from where units are being switched) Scheme will have Regular Plan Direct Plan** with a common portfolioo separate NAVs. Investors should indicate Plan for whichh subscription is made by indicating choice in application form. Each of above Regular Direct Plan under scheme (launchedd with duration of more than 365 will have following Options / Sub-options: (1) Growth Option (2) Dividend Option with (a) NormalDividend sub-option (Payout Facility) (b) QuarterlyDividend sub-option (Payout Facility). **DIRECT PLAN: i. Direct Plan is only for investors who purchase /subscribe Units in a Scheme directly with Mutual Fund is not available for investors who route ir investments through a Distributor. ii. Eligible investors: All categories of investors (wher existing or new Unitholders) as permitted under Schemee Informationn Document of Scheme are eligible to subscribe under Direct Plan. iii. Modes for applying: Investments under Direct Plan can be made through various modes offered by Mutual Fund for investing directly with Mutual Fund [except throughh Stock Exchange Platforms for Mutual Funds all or Platform(s) where investors applications for subscription of units are routed through Distributors]. iv. How to apply: a. Investors desirous of subscribing under Direct Plan of a Scheme will have to ensure to indicate Direct Plan against Scheme name in application form. b. Investors should also indicate Direct in ARN column of application form. Default Option: Growth In case of valid application received without indicating choice between Growth Dividend Option, same shall be considered as Growth Option processed accordingly. In case of valid application received without indicating choice between Growth Dividend Option, same shall be considered as Growth Option processed accordingly. For valid application received without indicating choice between Normal Dividend Quarterly Dividend sub-option, same shall be considered as Normal Dividend sub-option processed accordingly. Default Plan: Investors are requested to note following scenarios for applicability of Direct Plan or Regular Plan for valid applications received under Scheme: Page4

5 Scenario Broker Code mentioned by investor Not mentioned Not mentioned Not mentioned Mentioned Direct Direct Mentioned Mentioned Plan mentioned by investor Not mentioned Direct Regular Direct Not Mentioned Regular Regular Not Mentioned Default Plan to be captured Direct Plan Direct Plan Direct Plan Direct Plan Direct Plan Direct Plan Regular Plan Regular Plan Minimum Application Amount Transparency / NAV Disclosure Dematerialization Transfer of Units Benchmark Index Loads In cases of wrong/ invalid/ incomplete ARN codes mentioned on application form, application shall be processed under Regular Plan. AMC shall contact obtain correct ARN code within 30 calendar days of receipt of application form from investor/ distributor. In case, correct code is not received within 30 calendar days, AMC shall reprocess transaction under Direct Plan from date of application without any exit load. Minimum of Rs 1,000/- in multiples of Rs 10/- reafte during New Fund Offer period. AMC will calculate disclose first NAV(s) of scheme not later than 5 (five) Business days from date of allotment. reafter, NAV will be calculated disclosed for every Business Day. NAV of scheme will be calculated up to four decimal places shall be published in atleast two daily newspaperss on daily basis in accordance with SEBI (MF) Regulations. AMC shall update NAV on AMFI website ( on website of Mutual Fund ( by 9.00 pm on day of declaration of NAV. NAV shall also be communicated to stock exchange(s) where units of scheme are listed. In case of any delay, reasons for such delay would be explained to AMFI in writing. If NAVs are not available before commencement of business hours on following day due to any reason, Mutual Fund shall issue a press release providing reasons explaining when Mutual Fund would be able to publish NAVs. NAV shall be published at least in two daily newspapers in accordance with SEBI (MF) Regulations. information on NAV of scheme may be obtained by unit holders, on any day by calling office of AMC or any of ISCs at various locations. As required by SEBI (MF) Regulations, a complete statement of Scheme portfolio would be published by Mutual Fund as an advertisement in a newspaper within one month from close of each half year (i.e. March 31 & September 30) or mailed to Unit holders. monthly portfolio of schemee (alongwith ISIN) shall also be made available on website of Mutual Fund ( on or beforee tenth day of succeeding month. Unit holders are given an Option to hold units by way of an Account Statementt or in Dematerialized ( Demat ) form. Unit holders opting to hold units in demat form must provide ir Demat Account details in specified section of application form. Unit holder intending to hold units in Demat form are required to have a beneficiary account with a Depository Participant (DP) (registered with NSDL / CDSL) will be required to indicate in application DP's name, DP ID Number beneficiary account number of applicant held with DP at time of subscribing to units during NFO. In case unit holders do not provide ir Demat Account details or provide Incomplete details or details do not match with records as per Depository (ies), units shall be allotted in physical ( non-demat) form. Such investors will not be able to trade in stock exchange till ir holdings are converted into demat form. For conversion of physical holdings into demat form, unit holders will have to send demat requests to ir Depository Participant ts. No redemption/repurchase of units shall be allowed prior to maturity of scheme. Unit holders wishing to exit may do so through Stock Exchange mode. Units held by way of account statement cannot be transferred. Units held in demat form are transferable in accordance with provisions of SEBI (Depositories Participants) Regulations, as amended from time to time CRISIL Composite Bond Fund Index Entry Load*: Nil Page5

6 Exit Load: Nil *In terms of SEBI circular no. SEBI/IMD/CIR No.4/ /09 dated June 30, 2009, no entry load will be charged by Scheme to investor effective August 01, upfront commission, if any, on investment made by investor shall be paid by investor directly to Distributor, based on his assessment of various factors including service rendered by Distributor. No redemption/repurchase of units shall be allowed prior to maturity of scheme. Investors wishing to exit may do so through stock exchange mode. Application Supported Investors also have an option to subscribe to units of scheme during New Fund by Block Amount Offer period under Applications Supported by Blocked Amount (ASBA) facility, (ASBA) which would entail blocking of funds in investor s Bank account, rar than transfer of funds, on basis of an authorisation given to this effect at time of submitting ASBA application form. Investors applying through ASBA facility should carefully read applicable provisions before making ir application. For furr details on ASBA facility, investors are requested to refer to Statement of Additional Information (SAI). Transaction Charges In accordance with SEBI circular no. Cir/ IMD/ DF/13/ dated August 22, 2011, (For Lumpsumm AMC shall deduct Transaction Charges on purchase / subscription of Rs10,0000 Purchases routed above received from first time mutual fund investors investor or than first time through distributor/ mutual fund investors through distributor/agent (who have opted-in Transaction charge of Rs to receivee agent) transaction charges on basis of type of product) as under: First Time Mutual Fund Investor (across Mutual Funds): 150/- for subscription of Rs10,000/ /- above will be deducted from subscription amount paid to distributor / agent of first time investor. balance of subscription amount shall be invested accordingly units allotted. Investor or than First Time Mutual Fund Investor: Transactionn charge of Rs 100/- per subscription of Rs 10,000/- above will be deducted from subscription amount paid to distributor/ agent of investor. balance of subscription amount shall be invested accordingly units allotted. Transaction charges shall not be deducted/applicable for : o Purchases /subscriptions for an amount lesss than Rs 10,000/-; o Transaction or than purchases / subscriptions relating to new inflows such as Switches, etc. o Transactions carried out throughh Stock Exchange Platforms for Mutual Funds. No transaction charges will be deducted for any purchase / subscription made directly with Fund (i.e. not routed throughh any distributor/ agent). For furr details on transaction charges referr to section 'Transaction Charges' on page 38 & page 39. Investors in Scheme are not being offered any guaranteed / assured returns. Investors are advised to consult ir Legal / Tax or Professional Advisors with regard to tax / legal implications relating to ir investments in Scheme before making decision to invest in or redeem Units. Section I INTRODUCTION A. RISK FACTORS STANDARD RISK FACTORS Mutual Funds securities investments are subject to market risks re can be no assurance or guaranteee that objectives of Scheme will be achieved. Investment in Mutual Fund Units involves investment risks such as trading volumes, settlement risk, liquidity risk, default risk including possible loss of principal. As price / value / interest rates of securities in which scheme invests fluctuates, value of your investment in scheme may go up or down depending on various factors forces affecting capital markets money markets. Past performance of Sponsor / AMC / Mutual Fund does not guarantee future performance of Scheme may not necessarily provide a basis of comparison with or investments. Birla Term Plan-Series OM (1146 is name of Scheme does not, in any manner, indicate eir quality of Scheme or its future prospects or returns. Sponsors are not responsible or liable for any loss resulting from operation of Schemes beyond initial contribution of Rs 1,00,000 made by it towards setting up Fund. present scheme is not a guaranteed or assured return scheme. Page6

7 SCHEME SPECIFIC RISK FACTORS RISK FACTORS ASSOCIATED WITH INVESTMENTS IN FIXED INCOME SECURITIES: Price-Risk or Interest-Rate Risk: Fixed income securities such as bonds, debentures money market instruments run price-risk or interest-rate risk. Generally, when interest rates rise, prices of existing fixed income securities fall when interest rates drop, such prices increase. extent of fall or rise in prices is a function of existing coupon, days to maturity increase or decrease in level of interest rates. Credit Risk: In simple terms this risk means that issuer of a debenture/ bond or a money market instrument may default on interest payment or even in paying back principal amount on maturity. Even where no default occurs, price of a security may go down because credit rating of an issuer goes down. It must, however, be noted that where Scheme has invested in Government securities, re is no credit risk to that extent. Liquidity or Marketability Risk: This refers to easee with which a security can be sold at or near to its valuation yield-to-maturity (YTM). primary measure of liquidity risk is spread between bid price offer price quoted by a dealer. Liquidity risk is today characteristic of Indian fixed income market. Reinvestment Risk: Investmentss in fixed income securities may carry reinvestment risk as interest rates prevailing on interest or maturity due dates may differ from original coupon of bond. Consequently, proceeds may get invested at a lower rate. Pre-payment Risk: Certain fixed income securities give an issuer right to call back its securities before ir maturity date, in periods of declining interest rates. possibility of such prepayment may force fund to reinvest proceeds of such investments in securities offering lower yields, resulting in lower interest income for fund. Concentration Risk: Schemee portfolio may have higher exposure to a single sector, subject to maximum of 25% of net assets as specified in this SID, depending upon availability of issuances in market at time of investment, resulting in higher concentration risk. Any change in government policy / business environment relevant to sector may have an adverse impact on portfolio. Different types of securities in which scheme would invest as given in Scheme Information Document carry different levels types of risk. Accordingly scheme s risk may increase or decreasee depending upon its investment pattern. e.g. corporate bonds carry a higher amount of risk than Government securities. Furr even among corporate bonds, bonds, which are AA rated, are comparatively more risky than bonds, whichh are AAA rated. RISK FACTORS ASSOCIATED WITH LISTING OF UNITS: Listing of units of scheme on stock exchange(s) does not necessarily guarantee liquidity re can be no assurance that an active secondary market for units will develop or be maintained. Trading in units of Schemee on Exchange may be halted because of market conditions, including any halt in operations of Depository Participants or for reasons that in view of Exchange Authorities or SEBI, trading in units is suspended / or restricted. In addition, trading in units is subject to trading halts caused by extraordinary market volatility pursuant to stock exchange rules of circuit filter. re can be no assurance that requirements of Stock Exchange necessary to maintain listing of units of schemee will continue to be met or will remain unchanged Furr, Scheme being a close ended scheme listed on stock exchange, as per SEBI guidelines, no redemption / repurchase / switches of units will be allowed prior to maturity under scheme. investors wishing to redeem ir units may do so throughh stock exchange mode. Units of scheme may trade above or below ir face value / NAV. NAV of scheme will fluctuate with changes in market value of schemes holdings. trading prices of units of scheme will fluctuate in accordance with changes in ir NAV as well as market supply dem which may even lead units to quote at significant premium or discount to NAV. re is a possibility that unitholders find it difficult or uneconomical to liquidate ir investments at any particular time. As a result, investors in scheme must be prepared to hold units until maturity under Scheme. Regulatory Risk: Any changes in trading regulations by Stock Exchange or SEBI, inter alia, may also result in wider premium/ discount to NAV of Schemes. Although Units are proposed to be listed on Stock Exchange, AMC Trustees will not be liable for any loss suffered by investors due to delay in listing of units of Schemes on Stock Exchange or due to connectivity problems with depositoriess due to occurrence of any event beyond ir control. As units of scheme may be held in electronic (demat) mode through depositories, records of depository shall be final with respect to number of units available to credit of unitholder. Settlement of trades, redemption/dividend payment, in lieu of such units held in electronic (demat) form, by Mutual Fund will depend upon confirmations to be received from depository (ies) on which Mutual Fund has no control. Page7

8 Risk Factors Associated with Close Ended Schemes A close ended Scheme endeavours to achieve capital appreciation only at scheduled maturity of Scheme. However, re is no assurance thatt said objective will be achieved at scheduled maturity of scheme re is a risk thatt capital invested may not be fully realisable upon maturity of scheme. scheme being close endedd in nature does not allow redemption during tenor of scheme. Redemptions shall happen only at time of maturity of scheme, hence returns generated by scheme may be affected if underlying markets are at unfavourable level at time of maturity of scheme Investors who wish to exit/redeem before scheduled maturity date may do so through stock exchange mode. For Units listed on exchange, it is possible that market price at which Units are traded may be at a discount to NAV of such Units. Hence, Unit Holders who sell ir Units in a Schemee prior to maturity may not get NAV returns. B. RISK CONTROL STRATEGIES Investments made by scheme would be in accordance with investment objectives of schemee provisions of SEBI (MF) Regulations. Since investing requires disciplined risk management, AMC would incorporate adequate safeguards for controlling risks in portfolio construction process. risk control process involves reducing risks through portfolio diversification, taking care however not to dilute returns in process. AMC believes that this diversification would help achieve desired level of consistency in returns. AMC aims to identify securities, which offer superior levels of yield at lower levels of risks. With aim of controlling risks, rigorous in-depth credit evaluation of securitiess proposed to be invested in will be carried out by investment team of AMC. Credit Risk Every investment in Debt Money Market Instruments of any issuer would be made in accordance with Credit policy as defined established by AMC from time to time. Credit Policy, which is reviewed monitored on a regular basiss by Investment Committee, inter alia, enumerates issuer selection process, various parameters to be consideredd for setting up credit exposure limits Credit authorisation matrix for such limits, credit monitoring process etc. following parameters shall be considered for selection: (i) exposure to a counter party is based on networth of counterparty. fund manager would do a risk assessment of issuer before making investments. Furr, continuous monitoring of networth of company is done. risk assessment by fund manager includes monitoring of following: I. Capital Structure II. Debt Service coverage ratio III. Interest coverage IV. Profitability margin V. Current ratio (ii) fund managers determine sector to which counter party relates. fund managers assignss risk weightages to sectorss shall not invest in sectors which carry a high credit risk. risk weightages are based upon various factors like nature of products/services of sector, current state future outlook for sector, subsidies provided to sector government regulations for sector. (iii) fund manager shall also check track record of company in terms of its financials any defaults to its creditors. (iv) fund managers shall consider track record of sponsor/ parent of counterparty. It includes financials of sponsor/ parent company wher parent/sponsor has defaulted in past. (v) fund manager can also have a call with Management of company as a part of its research of company. (vi) fund manager will also check for Credit Default Swaps spreads of company in global market, if any available. above parameters are dependent upon information available at time of due diligence. fund manager shall endeavour to include all se parameters but investors should note that se parameters are indicative can change from time to time at discretion of fund manager. Price-Risk or Interest-Rate Risk fund will invest in a basket of debt money market securities maturing on or before maturity of fund with a view to hold m till maturity of fund. While interim NAV will fluctuate in response to changes in interest rates, final NAV will be more stable. To that extentt interestt rate risk will be mitigated at maturity of scheme. Page8

9 Reinvestmentt Risk Reinvestment risks will be limited to extent of coupons received on debt instruments, which will be a very small portion of portfolio value. Concentrationn Risk Fund Manager shall endeavor to mitigate risk by taking exposure to high rated instruments locking in at point of investment to such issuance yields. While se measures are expected to mitigate above risks to a large extent, re can be no assurance that se risks would be completely eliminated. C. REQUIREMENT OF MINIMUM INVESTORS IN THE SCHEME Scheme shall have a minimum of 20 investors no single investor shall account for more than 25% of corpus of Scheme. se conditions will be complied with immediately after close of NFO itself i.e. at time of allotment. In case of non-fulfillment with condition of minimum 20 investors, Scheme shall be wound up in accordance with Regulation 39 (2) (c) of SEBI (MF) Regulations automatically without any reference from SEBI. In case of non-fulfillment with condition of 25% holding by a single investor on date of allotment, application to extent of exposure in excess of stipulated 25% limit would be liable to be rejected allotment would be effective only to extent of 25% of corpus collected. Consequently, such exposure over 25% limits will lead to refund within 5 Business days of date of closure of New Fund Offer. D. SPECIAL CONSIDERATIONS Changes in Government Policy in general changes in tax benefits applicable to mutual funds may impact returns to investors in Scheme. As is case with any investment, re can be no guarantee that tax position or proposed tax position prevailing at time of an investment in Scheme will endure indefinitely. In view of individual nature of tax consequences, each unitholder is advised to consult his / her own professional tax advisor. NAV of scheme may be affected by changes in general market conditions, factors forces affecting capital market in particular, level of interest rates, various market related factors, settlement periods transfer procedures. Mutual Funds are vehicles of securities investments that are subject to market or risks re can be no guarantee against loss resulting from investing in Scheme. various factors that impact value of Scheme' investments include, but are not restricted to, fluctuations in bond markets, fluctuations in interest rates, prevailing political economic environment, changes in government policy, factors specific to issuer of securities, tax laws, liquidity of underlying instruments, settlement periods, trading volumes etc. Trustee, AMC, Mutual Fund, ir directors or ir employees shall not be liable for any of tax consequences that may arise, in event that Scheme is wound up for reasons in manner provided in Statement of Additional Information (SAI) / Scheme Information Document. Product labeling mated by SEBI is to provide investors an easy understing of risk involved in kind of product /scheme y are investing to meet ir financial goals. Riskometer categorizes schemes of Fund under different levels of risk based on scheme's investment objective, asset allocation pattern, investment strategy typical investment time horizon of investors. Investors are advised before investing to evaluate a scheme not only on basis of Product labeling (including Riskometer) but also on or quantitative qualitative factors such as performance, portfolio, fund managers, asset manager, etc. shall also consult ir financial advisers, if y are unsure about suitability of scheme before investing. Redemptions due to change in fundamental attributes of Scheme or due to any or reasons may entail tax consequences. Trustees, Mutual Fund, AMC, ir directors or ir employees shall not be liable for any tax consequences that may arise. re is no guarantee or assurance on frequency or quantum of dividends, which shall be subject to availability of distributable surplus. Growth, appreciation, dividend, bonus, income, etc if any, referred to in this Document are subject to tax laws or fiscal enactments as y exist from time to time. In respect of transaction in Units of Scheme through Stock Exchange Platform for Mutual Funds, allotment redemption of Units on any Business Day will dependd upon order processing/ settlement by respective stock exchanges ir respective clearing corporations on which Fund has no control.more over, transactions conductedd through Stock Exchange Platform shall be governed by guidelines directives issued by respective recognised stock exchange(s). Page9

10 Investors should study this Scheme Information Document carefully in its entirety should not construe contents hereof as advise relating to legal, taxation, investment or any or matters. Investors may, if y wish, consult ir legal, tax, investmentt or professional advisors to determine possible legal, tax, financial or or considerations of subscribing to or redeeming Units, before making a decision to invest/redeem Units. Investors who intend to invest in Scheme are required to deemed to have understood risk factors associated with scheme. AMC its Registrar reservee right to disclose/share investors personal information with following third parties: 1. Registrar, Banks / or authorised external third parties who are involved in transaction processing,dispatches, etc., of investors investment in Scheme; 2. Distributors or Sub-brokers through whom applications of investors are received for Scheme; or 3. Any or organisations for compliance with any legal or regulatory requirements or to verify identity of investors for complying with anti-money laundering requirements. Account statements or financial information pertaining to investor, if it is to be sent over internet to Unitholder, distributors or any or entity as indicated above, will be sent only through a secure means /or through encrypted electronic mail. Mutual Fund may disclose details of investor s account transactions re under to those intermediaries whose stamp appears on application form. In addition, Mutual Fund may disclose such details to bankers / its agents, as may be necessary for purpose of effecting payments to investor. Furr, Mutual Fund may disclose details of investor s account transactions reunder to any Regulatory/Statutory entities as per provisions of law. Neir this Document nor Units have been registered in any jurisdiction. distribution of this Document in certain jurisdictions may be restricted or totally prohibited due to registration requirements accordingly, persons who come into possession of this Document are required to inform mselves about to observe any such restrictionss or legall compliance requirements. No person has been authorized to issue any advertisement or to give any information or to make any representations or than that contained in this Document. Circulars in connection with this offering not authorized by Mutual Fund any information or representationss not contained herein must not be relied upon as having been authorized by Mutual Fund. E. DEFINITIONS In this Schemee Informationn Document, following words expressionss shall have meaning specified herein, unless context orwise requires: AMC or Asset Birla Sun Life Asset Management Company Limited, incorporated under provisions of Management Companies Act, 1956 approved by Securities Exchange Board of India to act Company or as Asset Management Company for scheme(s) of Birla Sun Life Mutual Fund. Investment Manager Applicable NAV Applications Supported by Blocked Amount or ASBA Beneficial owner Business Day Consolidated Account Statement NAV applicable for purchase or redemption or switching on date of maturity. ASBA is an application containing an authorization given by Investor to block application money in his specified bank account towards subscription of Units offered during NFO of Scheme. If an investor is applying through ASBA facility, application money towards subscription of Units shall be debited from his specified bank account only if his/her application is selected for allotment of Units. As defined in Depositories Act 1996 (22 of 1996) means a person whose name is recorded as such with a depository. A day or than: Saturday Sunday or A day on which banks in Mumbai / RBI are closed for business / clearing or A day on which Stock Exchange, Mumbai is closed or A day, which is a public /or bank holiday at a Investor Service Centre wheree application is received or A day on which Sale Repurchase of Units is suspended by AMC or A day on which normal businesss cannot be transacted due to storms, floods, bhs, strikes or such or events as AMC may specify from time to time. AMC reserves right to declare any day as a Business Day or orwise at any or all Investor Service Centres. Consolidated Account Statement is a statement containing details relating to all transactions across all mutual funds viz. purchase, redemption, switch, dividend payout, Page10

11 or CAS Custodian Depository Depository Participants Distributor Entry Load or Sales Load Exit Load or Redemption Load Foreign Institutional Investor or FII Foreign Portfolio Investor or FPI dividend reinvestment, Systematic Investment Plan, Systematic Withdrawal Plan, Systematic Transfer Plan bonus transactions, etc. A person who has been granted a certificate of registration to carry on business of custodian of securities under Securities Exchange Board of India (Custodian of Securities) Regulations 1996, which for time being is Citibank NA. Depository as defined in Depositories Act, 1996 (22 of 1996) in this SID refers to National Securities Depository Limited (NSDL) Central Depository Services (India) Limited (CDSL). Depository Participant (DP) means a person registered as such under sub-section (1A) of section 12 of SEBI Act, Such persons/firms/ companies/ corporates who fulfill criteria laid down by SEBI / AMFI from time to time empanelled by AMC to distribute / sell /market schemes of Fund. Load on Sale / Switch in of Units. Load on Redemption / Switch out Units. Foreign Institutional Investor, registered with SEBI under Securities Exchange Board of India (Foreign Institutional Investors) Regulations, 1995, as amended from time to time. Provisions relating to FIIs are subject to repeal savings provisions provided in Securities Exchange Board of India (Foreign Portfolio Investors) Regulations, Means a person who satisfies eligibility criteria prescribed under regulation 4 of SEBI (Foreign Portfolio Investors) Regulations, 2014 has been registered under Chapter II of se regulations, which shall be deemed to be an intermediary in terms of provisions of Securities Exchange Board of India Act, Floating Rate Instruments Fund Manager Gilt or Government Securities Investment Management Agreement Investor Service Centres or ISCs or Official Points of acceptance of transactions Load Money Market Instruments Provided that any foreign institutional investor or qualified foreign investor who holds a valid certificate of registration shall be deemed to be a foreign portfolioo investor till expiry of block of three years for which fees have been paid as per Securities Exchange Board of India (Foreign Institutional Investors) Regulations, Floating rate instrumentss are debt / money market instruments issued by Central / State Governments, with interest rates that are reset periodically. periodicity of interest reset could be daily, monthly, annually or any or periodicity that may be mutually agreed between issuer Fund. Person/s managing scheme. Securities created issued by Central Government /or a State Government (including Treasury Bills) or Government Securities as defined in Public Debt Act, 1944, as amended or re-enacted from time to time. agreement dated December 16, 1994 entered into between Birla Sun Life Trustee Company Private Limited Birla Sun Life Asset Management Company Limited, as amended from time to time. Designated branches of Birla Sun Life Asset Management Company Ltd. or such or enters / offices as may be designated by AMC from time to time. All se locations are official points of acceptance of transactions cut-off time as mentioned in Scheme Information Document shall be reckoned at se official points. In case of Repurchase / Redemption / Switch out of a Unit, sum of money deducted from Applicable NAV on Repurchase / Redemption / Switch out in case of Sale / Switch in of a Unit, a sum of money to be paid by prospective investor on Sale / Switch in of a Unit in addition to Applicable NAV. Commercial papers, commercial bills, treasury bills, Government securities having an unexpired maturity upto one year, call or notice money, certificate of deposit, usance bills, Collateralized Borrowing Lending Obligations (CBLOs) any or like instruments as specified by Reserve Bank of India from time to time. Mutual Fund or Birla Sun Life Mutual Fund, a trust set up under provisions of Indian Trustss Act, Fund Page11

12 NAV New Fund Offer (NFO) NRI Person of Indian Origin or PIO Qualified Foreign Investor or QFI RBI Recognised Stock Exchange Register of Unitholders Registrar Transfer Agent Net Asset Value per Unit of Scheme, calculated in manner described in this Scheme Information Document or as may be prescribed by SEBI Regulations from time to time. Offer of units of Birla Sun Life Fixed Term Plan-Series OM (1146 during New Fund Offer. A Non-Resident Indian or a person of Indian origin residing outside India. A citizen of any country or than Bangladesh or Pakistan, if (a) he at any time held an Indian passport; or (b) he or eir of his parents or any of his grparents was a citizen of India by virtue of Constitution of India or Citizenship Act, (57 of 1955); or (c) person is a spouse of an Indian citizen or a person referred to in sub-clause (a) or (b). QFI shall mean a person who fulfills following criteria: (i) Resident in a country that is a member of Financial Action Task Force (FATF) or a member of a group which is a member of FATF; (ii) Resident in a country that is a signatory to IOSCO s MMOU (Appendix A Signatories) or a signatory of a bilateral MOU with SEBI: Provided thatt person is not resident in a country listed in public statements issued by FATF from time to time on: (i) jurisdictions having a strategic Anti-Money Laundering/ Combating Financing of Terrorism (AML/CFT) deficiencies to which counter measures apply, (ii) jurisdictions thatt have not made sufficient progress in addressing deficiencies or have not committed to an action plan developed with FATF to address deficiencies: Provided furr such person is not resident in India. Provided furr that such person is not registered with SEBI as Foreign Institutional Investor or Sub-account or Foreign Venture Capital Investor. Explanation: For purposes of this definition: (1) term "Person" shall carry same meaning under Foreign Exchange Management Act (FEMA), 1999 section 2(31) of Income Tax Act, 1961; (2) phrase resident in India shall carry same meaning as in FEMA 1999, Income Tax Act, 1961; (3) Resident" in a country, or than India, shall mean resident as per direct tax laws of that country. (4) Bilateral MoU with SEBI shall mean a bilateral MoU between SEBI overseas regulator that inter alia provides for information sharing arrangements. (5) Member of FATF shall not mean an Associate member of FATF. Provisions relating to QFIs are subject to repeal savings provisions provided in Securities Exchange Board of India (Foreign Portfolio Investors) Regulations, Reserve Bank of India, established under Reserve Bank of India Act, Stock exchanges recognized by SEBI. Register of unitholders for purposes of dividend declaration /or distribution of maturity proceeds, as applicable, shall mean Statement of Beneficiary Position as may be received from Depositories on record date records of unitholders maintained by Registrar Transfer Agent in case of units not held in electronic (demat) form. Computer Age Management Services Pvt. Ltd (CAMS) is currently acting as registrar to Scheme, or any or registrar appointed by AMC from time to time. Repurchase / Repurchase / Redemption of Units of Schemee as permitted. Redemption Sale / Subscription Sale or allotment of Units to Unit holder upon subscription by investor / applicant under Scheme. Scheme Information This document issued by Birla Sun Life Mutual Fund, inviting offer for subscription to Document or SID units of scheme for subscription. SEBI Securities Exchange Board of India, established under Securities Exchange Board of India Act, SEBI Regulations Securities Exchange Board of India (Mutual Funds) Regulations, 1996, as amended or Regulations from time to time. Self Certified Means a banker to an issue registered with SEBI, which offers facility of ASBA. Syndicate Bank or SCSB Page12

13 Single Consolidated Account Statement SCAS Statement of Additional Information or SAI Stock Exchange Platform for Mutual Funds Switch or Lateral Shift Single 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 investment plan, systematic withdrawal plan, systematic transfer plan, bonus etc. (including transaction charges paid to distributors) transaction in dematerialised securities across demat accounts of investorss holding at end of month. document issued by Birla Sun Life Mutual Fund containing details of Mutual Fund, its constitution, certain tax, legal general information. It is incorporated by reference & is legally a part of Scheme Information Document. Mutual Fund Service System (MFSS) of NSE /or Bombay Stock Exchange Platform for Allotment Redemption of Mutual Fund units (BSE StAR MF) of BSE. transactions carried out on above platform(s) shall be subject to such guidelines as may be issued by respective stock exchanges also SEBI (MF) Regulations circulars/guidelines issued reunder from time to time. Redemption of a unit in any scheme of Mutual Fund against purchase of a unit in anor scheme (including plans rein) of Mutual Fund, subject to completion of lock-in period, if any, of units of scheme(s) from wheree units are being switched applicable load structure. Scheme Birla Sun Life Fixed Term Plan - Series OM (1146 Trustee Birla Sun Life Trustee Company Private Ltd. incorporated under provisions of Companies Act, 1956 approved by SEBI to act as Trusteee to schemes of Birla Sun Life Mutual Fund (BSLMF). Trust Deed Trust Deed dated December 16, 1994 (read with all amendments supplemental l trust deeds reto) made by between Sponsor Birla Sun Life Trustee Company Private Limited ( Trustee ), reby establishing an irrevocable trust, called Birla Sun Life Mutual Fund as amended from time to time. Unit interest of Unit holder, which consists of, each Unit representing one undivided share in assets of Scheme. Unit holder A person holding Units in Scheme of Birla Sun Life Mutual Fund (BSLMF) offered under this Scheme Information Document. Interpretation For all purposes of this Scheme Information Document, except as orwise expressly provided or unlesss context orwise requires, terms defined in this Scheme Information Document include plural as well as singular. Pronouns having a masculine or feminine gender shall be deemed to include or. Words expressions used herein but not defined herein shall have meanings respectively assigned to m rein under SEBI Act or SEBI Regulations. Page13

14 F. DUE DILIGENCE BY THE ASSET MANAGEMENT COMPANY Asset Management Company confirms that a Due Diligence Certificate duly signed by Compliance Officer of Birla Sun Life Asset Management Company Limited, has been submitted to SEBI on February 22, 2017 which reads as follows: Due Diligencee Certificatee It is confirmed that: (i) Scheme Information Document forwarded to SEBI is in accordance with SEBI Regulations, 1996 guidelines directives issued by SEBI from time to time. (Mutual Funds) (ii) (iii) All legal requirements connected with launching of scheme as also guidelines, instructions, etc., issued by Government any or competent authority in this behalf, have been duly complied with. disclosures made in Schemee Informationn Document are true, fair adequate to enablee investors to make a well informed decision regarding investment in proposed scheme. (iv) intermediaries named in Scheme Information Document registered with SEBI ir registration is valid, as on date. Statement of Additional Informationn are PLACE: Mumbai DATE: February 22, 2017 Sd/- Hemanti Wadhwa Compliance Officer Page14

15 Section II INFORMATION ABOUT THE SCHEMEE A. TYPE OF THE scheme Birla Term Plan - Series OM (1146 is a Close ended Income scheme. B. INVESTMENT OBJECTIVE scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before duration of scheme. Scheme does not guarantee/indicate any returns. objectives will be achieved. re can be no assurance that schemes C. ASSET ALLOCATION AND INVESTMENT PATTERN Under normal circumstances, asset allocation of Scheme will be as follows: Instrument Risk Profile Debt Securities including Government (excluding Money Market Instruments) Money Market instrumentss Securities Low to medium Low to medium Normal Allocation (% of total Assets) % 0-20% scheme shall invest only in such securities which mature on or before date of maturity of scheme. In case of securities with put options, maturity shall be reckoned with respect to final maturity date not put option date. scheme does not intend to invest in Foreign Securities, Credit default Swaps, epo/reverse repo in corporate debt securities, Securitized Debt Instruments /or derivative instruments. scheme shall not engage in securities lending/ /short selling activities. cumulative gross exposure through Debt, Money Market instruments Government securities shall not exceed 100% of net assets of Scheme. Change in Asset Allocation Subject to SEBI (MF) Regulations, asset allocation pattern indicated above may change from time to time, keeping in view market conditions, market opportunities, applicable regulations political economic factors. It must be clearly understood that percentages stated above can vary depending upon perception of BSLAMC, intention being at all times to seek to protect interests of unit holders. Such changes in investment pattern will be for short term defensive considerations. In event of any deviations from asset allocation table above, Fund Manager shall rebalancee portfolio within 5 days (for schemes having duration of more than 30 days but upto 3 months) 15 days (for schemes having duration more than 3 months but upto 6 months) 30 days (for schemes having duration above 6 months) from date of said deviation to bring it in line with asset allocation pattern as indicated above. In case rebalancing is not done within specified period, justification for same shall be provided to Investment Committee reason for same shall be recorded in writing. Investment Committee shall n decide on course of action. OTHER DISCLOSURES FOR CLOSE ENDED DEBT ORIENTED SCHEMES: (1) Credit Evaluation Policy From credit evaluation perspective, each company is internally appraised by focusing on three parameters i.e. 1. Business Fundamental: It includes understing of competitive position competitor analysis on key parameters, strategies for growth, technical marketing skill set, manufacturing process, productivity details future expansion plans. 2. Financial Analysis: It includes analysis of Balance sheet, Profit Losss account, cash flow statement. Ratio analysis for past years including quarterly / half yearly results analysis wherever available. Different set of ratios are analysed for Corporates, banks, NBFCs etc. Page15