Deutsche Mutual Fund COMBINED SCHEME INFORMATION DOCUMENT (SID) - I Continuous offer of units at NAV based prices Sponsors / Co-Sponsors Deutsche Asset Management (Asia) Limited One Raffles Quay, #17-00, South Tower, Singapore 048583. Deutsche India Holdings Private Limited Nirlon Knowledge Park, Block B-1, Goregaon (East), Mumbai 400063. Asset Management Company Deutsche Asset Management (India) Private Limited The Capital, 14th Floor, C -70, G Block, Bandra Kurla Complex, Mumbai 400051. Trustee Company Deutsche Trustee Services (India) Private Limited The Capital, 14th Floor, C -70, G Block, Bandra Kurla Complex, Mumbai 400051. Website of the Entity www.dws-india.com The particulars of the respective Scheme have been prepared in accordance with the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, (hereinafter referred to as SEBI (MF) Regulations) as amended till date, and filed with SEBI, along with a Due Diligence Certificate from the AMC. The units being offered for public subscription have not been approved or recommended by SEBI nor has SEBI certified the accuracy or adequacy of the Scheme Information Document. The Scheme Information Document (SID) sets forth concisely the information about the Scheme that a prospective investor ought to know before investing. Before investing, investors should also ascertain about any further changes to this SID after the date of this Document from the Mutual Fund / Investor Service Centres / Website / Distributors or Brokers. The investors are advised to refer to the Statement of Additional Information (SAI) for details of Deutsche Mutual Fund, Tax and Legal issues and general information on www.dws-india.com SAI is incorporated by reference (is legally a part of the Scheme Information Document). For a free copy of the current SAI, please contact your nearest Investor Service Centre or log on to our website. The Scheme Information Document should be read in conjunction with the SAI and not in isolation. This Scheme Information Document is dated June 30, 2015.
Name of the scheme This product is suitable for investors who are seeking* DWS Arbitrage Fund (An Open Ended Equity Scheme) Income over short term Income through arbitrage opportunities between the equity spot and equity derivatives market and arbitrage opportunities within the equity derivatives segment Moderately Low Moderate Moderately High Low High LOW HIGH Moderately Low investors understand that their principal will be at moderately low risk. DWS Alpha Equity Fund Capital growth over the long term (An Open Ended Equity Scheme) Investment in equity and equity related securities. DWS Investment Opportunity Fund (An open ended dynamic allocation scheme) Capital growth over the long term Investment in equity and equity related securities. Moderately Low Moderate Moderately High DWS Tax Saving Fund (An Open Ended Equity Linked Savings Scheme) DWS Equity Income Fund (An Open Ended Equity Scheme) (Formerly known as DWS Twin Advantage Fund) Capital growth over the long term Investment in equity and equity related securities. Capital appreciation and Income distribution over the medium term Investment primarily in equity and equity related securities and a small allocation to debt securities Low LOW High HIGH Moderately High investors understand that their principal will be at moderately high risk. DWS Global Agribusiness Offshore Fund (An open-ended Overseas Fund of Funds Scheme) DWS Top Euroland Offshore Fund (An open-ended Overseas Fund of Funds Scheme) Capital growth over the long term Investment in units of overseas mutual funds that invest in equity securities of companies in Agriculture and related businesses. Capital growth over the long term Investment in units of overseas mutual funds having diversified portfolio. Low Moderately Low Moderate Moderately High High * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. LOW HIGH High investors understand that their principal will be at high risk.
Index Sr. No. and Subject Page Sr. No. and Subject Page Summary of the Schemes... 4 I. Introduction... 14 A. Risk Factors...14 B. Requirement of Minimum Investors in the Scheme...18 C. Special Considerations...18 D. Definitions...19 E. Due Diligence Certificate...21 F. KYC Policy...21 II. Information about the Schemes... 22 1. DWS Alpha Equity Fund (DAEF)...22 A. Type of the Scheme...22 B. Investment Objective...22 C. Asset Allocation Pattern...22 D. Scheme s Investments...22 E. Investment Strategy...22 2. DWS Investment Opportunity Fund (DIOF)...22 A. Type of the Scheme...22 B. Investment Objective...22 C. Asset Allocation Pattern...23 D. Scheme s Investments...23 E. Investment Strategy...23 3. DWS Tax Saving Fund (DTSF)...23 A. Type of the Scheme...23 B. Investment Objective...23 C. Asset Allocation Pattern...23 D. Scheme s Investments...24 E. Investment Strategy...24 4. DWS Arbitrage Fund (DAF)...24 A. Type of the Scheme...24 B. Investment Objective...24 C. Asset Allocation Pattern...24 D. Scheme s Investments...25 E. Investment Strategy...25 6. DWS Top Euroland Offshore Fund (DTEOF)...29 A. Type of the Scheme...29 B. Investment Objective...29 C. Asset Allocation Pattern...29 D. Scheme s Investments...29 E. Investment Strategy...30 7. DWS Global Agribusiness Offshore Fund (DGAOF)...30 A. Type of the Scheme...30 B. Investment Objective...30 C. Asset Allocation Pattern...30 D. Scheme s Investments...31 E. Investment Strategy...31 F. Deutsche Invest I Global Agribusiness...32 8. Fundamental Attributes...40 9. Benchmark...41 10. Fund Manager...42 11. What are the Investment Restrictions...43 12. Performance of the Schemes...44 III. Units and Offer... 47 A. New Fund Offer (NFO)...47 B. Ongoing Offer Details...47 C. Periodic Disclosures...55 D. Computation of NAV...57 IV. Fees and Expenses... 58 A. NFO Expenses...58 B. Annual Scheme Recurring Expenses...58 C. Load Structure...59 D. Transaction Charges...60 V. Rights of Unit holders... 61 VI. Penalties, Pending Litigation or Proceedings, Findings of Inspections or Investigations for which action may have been taken or is in the process of being taken by any Regulatory Authority... 61 5. DWS Equity Income Fund (DEIF)...26 A. Type of the Scheme...26 B. Investment Objective...27 C. Asset Allocation Pattern...27 D. Scheme s Investments...27 E. Investment Strategy...28
Summary of the Schemes Name of the Scheme DWS Alpha Equity Fund (DAEF) DWS Investment Opportunity Fund (DIOF) Type An open ended equity Scheme An open ended dynamic allocation Scheme Investment Objective To generate long-term capital growth from investment in a diversified portfolio of equity and equity related securities. To generate capital appreciation on the portfolio over a long term by actively investing in different asset classes as per market conditions. Benchmark CNX Nifty BSE 200 Index Plans The scheme has two plans: a) DWS Alpha Equity Fund b) DWS Alpha Equity Fund - Direct Plan* The scheme has two plans: a) DWS Investment Opportunity Fund b) DWS Investment Opportunity Fund - Direct Plan* DWS Alpha Equity Fund-Direct Plan/DWS Investment Opportunity Fund-Direct Plan is only for investors who purchase /subscribe Units in a Scheme directly with the Fund and is not available for investors who route their investments through a Distributor. The default plan between DWS Alpha Equity Fund-Direct Plan/DWS Investment Opportunity Fund-Direct Plan and DWS Alpha Equity Fund/DWS Investment Opportunity Fund will be captured based on the following Scenario Scenario Broker Code mentioned Plan mentioned by the investor Default Plan to be captured by the investor 1 Not mentioned Not mentioned DWS Alpha Equity Fund-Direct Plan/DWS Investment Opportunity Fund-Direct Plan 2 Not mentioned DWS Alpha Equity Fund-Direct Plan/DWS Investment Opportunity Fund-Direct Plan 3 Not mentioned DWS Alpha Equity Fund/DWS Investment Opportunity Fund 4 Mentioned DWS Alpha Equity Fund-Direct Plan/DWS Investment Opportunity Fund-Direct Plan DWS Alpha Equity Fund-Direct Plan/DWS Investment Opportunity Fund-Direct Plan DWS Alpha Equity Fund-Direct Plan/DWS Investment Opportunity Fund-Direct Plan DWS Alpha Equity Fund-Direct Plan/DWS Investment Opportunity Fund-Direct Plan 5 Direct Not Mentioned DWS Alpha Equity Fund-Direct Plan/DWS Investment Opportunity Fund-Direct Plan 6 Direct DWS Alpha Equity Fund/DWS Investment Opportunity Fund 7 Mentioned DWS Alpha Equity Fund/DWS Investment Opportunity Fund DWS Alpha Equity Fund-Direct Plan/DWS Investment Opportunity Fund-Direct Plan DWS Alpha Equity Fund/DWS Investment Opportunity Fund 8 Mentioned Not Mentioned DWS Alpha Equity Fund/DWS Investment Opportunity Fund In cases of wrong/ invalid/ incomplete ARN codes mentioned on the application form, the application shall be processed under DWS Alpha Equity Fund/DWS Investment Opportunity Fund. The AMC shall contact and obtain the correct ARN code within 30 calendar days of the receipt of the application form from the investor/ distributor. In case, the correct code is not received within 30 calendar days, the AMC shall reprocess the transaction under DWS Alpha Equity Fund- Direct Plan/DWS Investment Opportunity Fund-Direct Plan from the date of application without any exit load. Options Dividend Option Growth Option Lock-In Period Minimum Application Amount for lump sum investment Minimum Application Amount for additional investments Minimum Redemption Amount Systematic Investment Plan (SIP) Growth and Dividend (Payout & Reinvestment) The trustees reserve the right to declare dividend under the scheme depending on the net distributable surplus available under the option. It should however be noted that the actual distribution of dividends and the frequency of dividend distribution will depend, inter alia, on the availability of the distributable surplus and will be entirely at the discretion of the trustees or any committee authorised by them. All income earned and realised profit in respect of a unit issued under the growth option will continue to remain invested until repurchase and shall be deemed to have remained invested in the option itself which will be reflected in the NAV. Not Applicable ` 5000 and in multiples of ` 1 thereafter. ` 1000 and in multiples of ` 1 thereafter. ` 1000 and in multiples of ` 1 thereafter. Available COMBINED SCHEME INFORMATION DOCUMENT (SID) - I 4
Systematic Transfer Plan (STP) Systematic Withdrawal Plan (SWP) Minimum Application Amount for investments through SIP/STP/SWP Frequency Switching Entry Load on lump sum investment/sip/stp/swp Exit Load on lump sum Investment/SIP/STP/ SWP Investments by NRIs/ FIIs/FPIs Liquidity Transparency Applicable NAV Available Available Minimum amount of ` 12000 divided into 12 installments of ` 1000 each for 12 months or 6 installments of ` 2000 each for 6 months or 4 installments of ` 3000 each for 3 months. For Daily SIP/STP: Minimum investment per day is ` 300/- and the minimum period shall be 2 months. For SIP/STP: 1st, 7th, 15th, 21st and 28th of the month/quarter/week/day or on the next business day if the chosen date happens to be a holiday. For SWP: 7th, 15th, 21st and 28th of the month/quarter/week or on the next business day if the chosen date happens to be a holiday. Perpetual duration under SIP/STP has been introduced w.e.f. June 30, 2015. Investors may opt to switch units between different schemes of Deutsche Mutual Fund and also between different options (Growth/Dividend) and plans of the same scheme at NAV based prices. 1% if the investor redeems within 1 year from the date of allotment of units. Nil Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors assessment of various factors including the service rendered by the distributor. No exit load will be charged for switches between options of the same scheme. No exit load will be charged for switches and STP from any scheme to the equity schemes of DMF (except DWS Arbitrage Fund) For further details on load structure refer to the section Load Structure on page no 59. Investment by NRIs/FIIs/FPIs are allowed on a full repatriation basis subject to RBI approvals, if any. Further, the sale and solicitation of Units of the Fund is prohibited to citizens and residents of United States of America or any other jurisdiction which restricts or regulates the sale of Indian securities to its citizens and/or residents or which jurisdiction could otherwise subject the AMC or its parent companies or any of its affiliates or employees or the trustees to any reporting, licensing or registration requirements, in such jurisdiction. Neither this SID nor the units have been registered in any jurisdiction. The distribution of this SID in certain jurisdictions may be restricted or subject to registration requirements and, accordingly, persons who come into possession of this SID in such jurisdictions are required to inform themselves about, and to observe, any such restrictions. No person receiving a copy of this SID or any accompanying application form in such jurisdiction may treat this SID or such application form as constituting an invitation to them to subscribe for Units, nor should they in any event use any such application form, unless in the relevant jurisdiction such an invitation could lawfully be made to them and such application form could lawfully be used without compliance with any registration or other legal requirements. The sale and solicitation of Units of the Fund is prohibited to citizens and residents of United States of America or any other US person (as defined in the US Securities Act of 1933) or any person of any other jurisdiction which restricts or regulates the sale of Indian securities to its citizens and/or residents or which jurisdiction could otherwise subject the AMC or its parent companies or any of its affiliates or employees or the trustees to any reporting, licensing or registration requirements, in such jurisdiction. Further, investors are requested to note that if, subsequent to the account opening, if an investor is found to be a US person or resident of US or any other jurisdiction which restricts or regulates the sale of Indian securities to its citizens and/or residents as mentioned above (whether or not due to a change in status), the AMC reserves the right to redeem such investor s investments. The Unitholders would be entitled to redeem their units at any time, subject to the applicable load in all Schemes other than DTSF. In case of DTSF the Units can be redeemed any time after end of lock-in period. The NAV of the Scheme thereafter will be calculated and declared on every business day on the AMFI website www. amfiindia.com and the Fund s website www.dws-india.com by 9. p.m on the same day. Also, NAV shall be published in atleast 2 daily newspapers. The complete portfolio shall also be published in 2 newspapers on a half yearly basis. The monthly portfolio of the Schemes shall be available in a user-friendly and downloadable format on the website viz. www.dws-india.com on or before the tenth day of succeeding month. A complete statement of the portfolio under the Scheme(s) would also be published by the Mutual Fund as an advertisement in one English daily Newspaper circulating in the whole of India and in a newspaper published in the language of the region where the Head Office of the Mutual Fund is situated within one month from the close of each half year (i.e. March 31 & September 30) or mailed to the Unit holders. Purchase including Switch-ins: In respect of purchase of units in above Scheme with amount less than ` 2 Lakhs: If the applications is received on any Business Day at the official points of acceptance of transactions along with a local cheque or a demand draft payable at par at the place of submission of the applications : (i) up to 3.00 p.m. - Closing NAV of the day of receipt of application. (ii) after 3.00 p.m. - Closing NAV of the next Business Day. In respect of valid application received for an amount equal to or more than ` 2 lakhs upto 3.00 p.m. on a Business 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; 5
In respect of valid application received for an amount equal to or more than ` 2 lakhs after 3.00 p.m. on a Business 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 cutoff 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 ` 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. Redemption and Switch-out: Applications received on any Business Day at the official points of acceptance of transactions (i) Upto 3.00 PM: Closing NAV of day of the receipt of the Application (ii) After 3.00 PM: Closing NAV of the next Business Day after the day of receipt of application However, if the investor has registered for special facility like SIP/STP/Dividend Re-investment etc., prior to October 01, 2012, then the existing registrations/ mandates/facilities in the discontinued Plans/Options shall be processed in the respective options of the continued/surviving plan of the open ended schemes of DMF as mentioned in the Notice Cum Addendum dated October 19, 2012. The units so created on account of above will be processed at the applicable NAV of the corresponding option in the continued/surviving plan. * w.e.f. January 1, 2013: Direct Plan is available only for investors who purchase/subscribe units in a scheme directly with the fund and is not available for investors who route their investments through distributors. Name of the Scheme DWS Tax Saving Fund (DTSF) # DWS Arbitrage Fund Type An Open Ended Equity Linked Savings Scheme An Open Ended Equity Scheme Investment Objective To generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. To generate income by investing in arbitrage opportunities that potentially exist between the cash and derivatives market as well as within the derivatives segment of the market. Investments may also be made in debt & money market instruments. Benchmark BSE 200 Index CRISIL Liquid Fund Index Plans The scheme has two plans: a) DWS Tax Saving Fund b) DWS Tax Saving Fund - Direct Plan* Direct Plan and Regular Plan DWS Tax Saving Fund-Direct Plan/Direct Plan is only for investors who purchase /subscribe Units in a Scheme directly with the Fund and is not available for investors who route their investments through a Distributor. The default plan between DWS Tax Saving Fund-Direct Plan/Direct Plan and DWS Tax Saving Fund/Regular Plan will be captured based on the following Scenario Scenario Broker Code mentioned Plan mentioned by the investor Default Plan to be captured by the investor 1 Not mentioned Not mentioned DWS Tax Saving Fund-Direct Plan/ Direct Plan 2 Not mentioned DWS Tax Saving Fund-Direct Plan/ Direct Plan DWS Tax Saving Fund-Direct Plan/ Direct Plan 3 Not mentioned DWS Tax Saving Fund/Regular Plan DWS Tax Saving Fund-Direct Plan/ Direct Plan 4 Mentioned DWS Tax Saving Fund-Direct Plan/ Direct Plan DWS Tax Saving Fund-Direct Plan/ Direct Plan 5 Direct Not Mentioned DWS Tax Saving Fund-Direct Plan/ Direct Plan 6 Direct DWS Tax Saving Fund/Regular Plan DWS Tax Saving Fund-Direct Plan/ Direct Plan 7 Mentioned DWS Tax Saving Fund/Regular Plan DWS Tax Saving Fund/Regular Plan 8 Mentioned Not Mentioned DWS Tax Saving Fund/Regular Plan In cases of wrong/ invalid/ incomplete ARN codes mentioned on the application form, the application shall be processed under DWS Tax Saving Fund/Regular Plan. The AMC shall contact and obtain the correct ARN code within 30 calendar days of the receipt of the application form from the investor/ distributor. In case, the correct code is not received within 30 calendar days, the AMC shall reprocess the transaction under DWS Tax Saving Fund-Direct Plan/Direct Plan from the date of application without any exit load. Options Growth and Dividend Payout ## Growth and Dividend (Regular, Monthly, Quarterly and Annual) Payout and Re-investment Dividend Option Growth Option The trustees reserve the right to declare dividend under the scheme depending on the net distributable surplus available under the option. It should however be noted that the actual distribution of dividends and the frequency of dividend distribution will depend, inter alia, on the availability of the distributable surplus and will be entirely at the discretion of the trustees or any committee authorised by them. All income earned and realised profit in respect of a unit issued under the growth option will continue to remain invested until repurchase and shall be deemed to have remained invested in the option itself which will be reflected in the NAV. Lock-In Period Units purchased cannot be assigned transferred/pledged/ redeemed/switched out until completion of 3 years from the date of allotment of the respective Unit/(s).** Not Applicable COMBINED SCHEME INFORMATION DOCUMENT (SID) - I 6
Minimum Application Amount for lump sum investment Minimum Application Amount for additional investments Minimum Redemption Amount Minimum ` 500 per application and in multiples of ` 500 thereafter. ` 500 and in multiples of ` 500 thereafter. Subject to the lock-in period minimum ` 500 per application and in multiples of ` 500 thereafter ` 5000 and in multiples of ` 1 thereafter. NA ` 1000 or 100 units or account balance, whichever is lower. Systematic Investment Plan (SIP) Systematic Transfer Plan (STP) Systematic Withdrawal Plan (SWP) Not Available Available Available Available Minimum Application Amount for investments through SIP/STP/SWP SIP: Minimum amount of ` 12000 divided into minimum installment of ` 500 and in multiples of ` 500. STP: Minimum amount ` 6000 divided into 6 installments of ` 1000 each or 4 installments of ` 1500 each. SWP: Not Applicable. For Daily SIP/STP: Minimum investment per day is ` 300/- and the minimum period shall be 2 months. Minimum amount of ` 12000 divided into minimum installment of ` 1000 each for 12 months OR 6 Installments of ` 2000 each for 6 months OR 4 Installments of ` 3000 each for every 3 months. For Daily SIP/STP: Minimum investment per day is ` 300/- and the minimum period shall be 2 months. Frequency Switching Entry Load on lump sum investment/sip/stp For SIP/STP: 1st, 7th, 15th, 21st and 28th of the month/quarter/week/day or on the next business day if the chosen date happens to be a holiday. For SWP: 7th, 15th, 21st and 28th of the month/quarter/week or on the next business day if the chosen date happens to be a holiday. Perpetual duration under SIP/STP has been introduced w.e.f. June 30, 2015. Investors may opt to switch units between different schemes of Deutsche Mutual Fund and also between different options (Growth/Dividend) and plans of the same scheme at NAV based prices. Nil Exit Load on lump sum Investment/SIP/STP/ SWP Nil Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors assessment of various factors including the service rendered by the distributor. No exit load will be charged for switches between options of the same scheme. No exit load will be charged for switches and STP from any scheme to the equity schemes of DMF (except DWS Arbitrage Fund) For further details on load structure refer to the section Load Structure on page no 59. 0.50 % if redeemed / exited within 90 days of allotment and Nil, if redeemed / exited Subsequent to 90 days of allotment of units. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors assessment of various factors including the service rendered by the distributor. No Exit load shall be charged on reinvested units allotted under the Dividend - Reinvestment Option of the Scheme. No exit load will be charged for switches between Options of the Scheme. In case of SIP / SWP, the exit load will be charged as per the prevailing structure for regular / lump sum investments in the Scheme. For further details on load structure refer to the section Load Structure on page no 59. Investments by NRIs/ FIIs/FPIs Investment by NRIs/FIIs/FPIs are allowed on a full repatriation basis subject to RBI approvals, if any. Further, the sale and solicitation of Units of the Fund is prohibited to citizens and residents of United States of America or any other jurisdiction which restricts or regulates the sale of Indian securities to its citizens and/or residents or which jurisdiction could otherwise subject the AMC or its parent companies or any of its affiliates or employees or the trustees to any reporting, licensing or registration requirements, in such jurisdiction. Neither this SID nor the units have been registered in any jurisdiction. The distribution of this SID in certain jurisdictions may be restricted or subject to registration requirements and, accordingly, persons who come into possession of this SID in such jurisdictions are required to inform themselves about, and to observe, any such restrictions. No person receiving a copy of this SID or any accompanying application form in such jurisdiction may treat this SID or such application form as constituting an invitation to them to subscribe for Units, nor should they in any event use any such application form, unless in the relevant jurisdiction such an invitation could lawfully be made to them and such application form could lawfully be used without compliance with any registration or other legal requirements. The sale and solicitation of Units of the Fund is prohibited to citizens and residents of United States of America or any other US person (as defined in the US Securities Act of 1933) or any person of any other jurisdiction which restricts or regulates the sale of Indian securities to its citizens and/or residents or which jurisdiction could otherwise subject the AMC or its parent companies or any of its affiliates or employees or the trustees to any reporting, licensing or registration requirements, in such jurisdiction. Further, investors are requested to note that if, subsequent to the account opening, if an investor is found to be a US person or resident of US or any other jurisdiction which restricts or regulates the sale of Indian securities to its citizens and/or residents as mentioned above (whether or not due to a change in status), the AMC reserves the right to redeem such investor s investments. 7
Liquidity The Unitholders would be entitled to redeem their units at any time, subject to the applicable load in all Schemes other than DTSF. In case of DTSF the Units can be redeemed any time after end of lock-in period. The Unitholders shall be entitled to redeem their units at any time post allotment on any business day at the applicable NAV, subject to the applicable load. The Schemes will not be listed on any stock exchange. Transparency Applicable NAV The NAV of the Scheme thereafter will be calculated and declared on every business day on the AMFI website www. amfiindia.com and the Fund s website www.dws-india.com by 9. p.m on the same day. Also, NAV shall be published in atleast 2 daily newspapers. The complete portfolio shall also be published in 2 newspapers on a half yearly basis. The monthly portfolio of the Schemes shall be available in a user-friendly and downloadable format on the website viz. www.dws-india.com on or before the tenth day of succeeding month. A complete statement of the portfolio under the Scheme(s) would also be published by the Mutual Fund as an advertisement in one English daily Newspaper circulating in the whole of India and in a newspaper published in the language of the region where the Head Office of the Mutual Fund is situated within one month from the close of each half year (i.e. March 31 & September 30) or mailed to the Unit holders. Purchase including Switch-ins: In respect of purchase of units in above Scheme with amount less than ` 2 Lakhs : If the applications is received on any Business Day at the official points of acceptance of transactions along with a local cheque or a demand draft payable at par at the place of submission of the applications : (i) up to 3.00 p.m. - Closing NAV of the day of receipt of application. (ii) after 3.00 p.m. - Closing NAV of the next Business Day. In respect of valid application received for an amount equal to or more than ` 2 lakhs upto 3.00 p.m. on a Business 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; In respect of valid application received for an amount equal to or more than ` 2 lakhs after 3.00 p.m. on a Business 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 cutoff 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 ` 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. Redemption and Switch-out: Applications received on any Business Day at the official points of acceptance of transactions (i) Upto 3.00 PM: Closing NAV of day of the receipt of the Application (ii) After 3.00 PM: Closing NAV of the next Business Day after the day of receipt of application * w.e.f. January 1, 2013: Direct Plan is available only for investors who purchase/subscribe units in a scheme directly with the fund and is not available for investors who route their investments through distributors. # Investments in DTSF will have to be kept for a minimum period of 3 years from the date of allotment of Units and after the said period of 3 years, the Unit holders shall have the option to tender the Units to the Mutual Fund for Redemption/Switch. It may however be noted that in the event of death of Unit holder, the nominee or legal heir, (subject to production of requisite documentary evidence to the satisfaction of AMC) as the case may be, shall be able to redeem/transmit the investment only after the completion of 1 year or any time thereafter, from the date of allotment of the respective Unit/ (s) of the deceased Unit holder. ## Dividend Reinvestment Sub Option under DWS Tax Saving Fund and DWS Tax Saving Fund - Direct Plan has been discontinued w.e.f January 19, 2015. ** The AMC reserves the right to change the Lock-in period prospectively from time to time as may be permitted under the regulations, notification of the Government for the Equity Linked Savings Scheme. Name of the Scheme DWS Equity Income Fund (DEIF) # (Formerly known as DWS Twin Advantage Fund) DWS Top Euroland Offshore Fund $ (DTEOF) Type An Open Ended Equity Scheme An open ended overseas Fund of Funds Scheme Investment Objective The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be realized or that income will be generated and the scheme does not assure or guarantee any returns. The primary investment objective of the scheme is to generate long-term capital growth from a diversified portfolio of units of overseas mutual funds. Benchmark 75% of CRISIL Liquid Fund Index and 25% in CNX Nifty EURO STOXX 50 Underlying Fund N.A. Deutsche Invest I Top Euroland COMBINED SCHEME INFORMATION DOCUMENT (SID) - I 8
Plans The scheme has two plans: DWS Equity Income Fund & DWS Equity Income Fund - Direct Plan* The fund has two plans: a) DWS Top Euroland Offshore Fund b) DWS Top Euroland Offshore Fund - Direct Plan* DWS Equity Income Fund-Direct Plan/DWS Top Euroland Offshore Fund-Direct Plan is only for investors who purchase /subscribe Units in a Scheme directly with the Fund and is not available for investors who route their investments through a Distributor. The default plan between DWS Equity Income Fund-Direct Plan/DWS Top Euroland Offshore Fund-Direct Plan and DWS Equity Income Fund/DWS Top Euroland Offshore Fund will be captured based on the following Scenario Scenario Broker Code mentioned Plan mentioned by the investor Default Plan to be captured by the investor 1 Not mentioned Not mentioned DWS Equity Income Fund-Direct Plan/DWS Top Euroland Offshore Fund-Direct Plan 2 Not mentioned DWS Equity Income Fund-Direct Plan/DWS Top Euroland Offshore Fund-Direct Plan 3 Not mentioned DWS Equity Income Fund/DWS Top Euroland Offshore Fund 4 Mentioned DWS Equity Income Fund-Direct Plan/DWS Top Euroland Offshore Fund-Direct Plan DWS Equity Income Fund-Direct Plan/DWS Top Euroland Offshore Fund-Direct Plan DWS Equity Income Fund-Direct Plan/DWS Top Euroland Offshore Fund-Direct Plan DWS Equity Income Fund-Direct Plan/DWS Top Euroland Offshore Fund-Direct Plan 5 Direct Not Mentioned DWS Equity Income Fund-Direct Plan/DWS Top Euroland Offshore Fund-Direct Plan 6 Direct DWS Equity Income Fund/DWS Top Euroland Offshore Fund 7 Mentioned DWS Equity Income Fund/DWS Top Euroland Offshore Fund DWS Equity Income Fund-Direct Plan/DWS Top Euroland Offshore Fund-Direct Plan DWS Equity Income Fund/DWS Top Euroland Offshore Fund 8 Mentioned Not Mentioned DWS Equity Income Fund/DWS Top Euroland Offshore Fund In cases of wrong/ invalid/ incomplete ARN codes mentioned on the application form, the application shall be processed under DWS Equity Income Fund/DWS Top Euroland Offshore Fund. The AMC shall contact and obtain the correct ARN code within 30 calendar days of the receipt of the application form from the investor/ distributor. In case, the correct code is not received within 30 calendar days, the AMC shall reprocess the transaction under DWS Equity Income Fund-Direct Plan/DWS Top Euroland Offshore Fund-Direct Plan from the date of application without any exit load. Options Dividend (Monthly, Quarterly and Annual Payout/ Reinvestment) and Growth. Growth and Dividend (Payout & Reinvestment). Dividend Option Growth Option Lock-In Period The trustees reserve the right to declare dividend under the scheme depending on the net distributable surplus available under the option. It should however be noted that the actual distribution of dividends and the frequency of dividend distribution will depend, inter alia, on the availability of the distributable surplus and will be entirely at the discretion of the trustees or any committee authorised by them. All income earned and realised profit in respect of a unit issued under the growth option will continue to remain invested until repurchase and shall be deemed to have remained invested in the option itself which will be reflected in the NAV. Not Applicable Minimum Application Amount for lump sum investment For Monthly and Quarterly Dividend: ` 25000 and in multiples of ` 1 thereafter. For Annual Dividend and Growth: ` 5000 and in multiples of ` 1 thereafter. ` 5000 and in multiples of ` 1 thereafter. Minimum Application Amount for additional investments Minimum Redemption Amount Systematic Investment Plan (SIP) Systematic Transfer Plan (STP) Systematic Withdrawal Plan (SWP) Minimum ` 1000/- (One Thousand) and in multiples of ` 1/- thereafter. Minimum ` 1000/- (One Thousand) and in multiples of ` 1/- thereafter. Available Available Available 9
Minimum Application Amount for investments through SIP/STP/SWP SIP/STP: Monthly/Quarterly Dividend: Initial investment of ` 25000/- & subsequent investment of ` 5000/- each. Annual Dividend & Growth Option: Minimum amount ` 6000/- divided into 6 installments of ` 1000/- each or 12 installments of ` 500/- each or 4 installments of ` 1500/- each. For Daily SIP/STP: Minimum investment per day is ` 300/- and the minimum period shall be 2 months SWP: Minimum amount for SWP shall be the same as minimum redemption amount for scheme. Minimum amount of ` 12000 divided into 12 installments of ` 1000 each for 12 months or 6 installments of ` 2000 each for 6 months or 4 installments of ` 3000 each for 3 months. For Daily SIP/STP: Minimum investment per day is ` 300/- and the minimum period shall be 2 months. SIP s upto ` 50000 per year per investor i.e. aggregate of installments in a rolling 12 months period or in a F.Y. (to be referred as Micro SIP ) shall be exempt from the requirement of PAN as a proof of identification. Frequency Switching Entry Load on lump sum investment/sip/stp Exit Load on lump sum Investment/SIP/STP/ SWP Investments by NRIs/ FIIs/FPIs Liquidity Transparency Applicable NAV For SIP/STP: 1st, 7th, 15th, 21st and 28th of the month/quarter/week/day or on the next business day if the chosen date happens to be a holiday. For SWP: 7th, 15th, 21st and 28th of the month/quarter/week or on the next business day if the chosen date happens to be a holiday. Perpetual duration under SIP/STP has been introduced w.e.f. June 30, 2015. Investors may opt to switch units between different schemes of Deutsche Mutual Fund and also between different options (Growth/Dividend) and plans of the same scheme at NAV based prices. 1% if the investor redeems within 1 year from the date of allotment of units. Nil 1% if redeemed/switched out within 12 months of allotment. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors assessment of various factors including the service rendered by the distributor. No exit load will be charged for switches between options of the same scheme. No exit load will be charged for switches and STP from any scheme to the equity schemes of DMF (except DWS Arbitrage Fund) For further details on load structure refer to the section Load Structure on page no 59. Investment by NRIs/FIIs/FPIs are allowed on a full repatriation basis subject to RBI approvals, if any. Further, the sale and solicitation of Units of the Fund is prohibited to citizens and residents of United States of America or any other jurisdiction which restricts or regulates the sale of Indian securities to its citizens and/or residents or which jurisdiction could otherwise subject the AMC or its parent companies or any of its affiliates or employees or the trustees to any reporting, licensing or registration requirements, in such jurisdiction. Neither this SID nor the units have been registered in any jurisdiction. The distribution of this SID in certain jurisdictions may be restricted or subject to registration requirements and, accordingly, persons who come into possession of this SID in such jurisdictions are required to inform themselves about, and to observe, any such restrictions. No person receiving a copy of this SID or any accompanying application form in such jurisdiction may treat this SID or such application form as constituting an invitation to them to subscribe for Units, nor should they in any event use any such application form, unless in the relevant jurisdiction such an invitation could lawfully be made to them and such application form could lawfully be used without compliance with any registration or other legal requirements. The sale and solicitation of Units of the Fund is prohibited to citizens and residents of United States of America or any other US person (as defined in the US Securities Act of 1933) or any person of any other jurisdiction which restricts or regulates the sale of Indian securities to its citizens and/or residents or which jurisdiction could otherwise subject the AMC or its parent companies or any of its affiliates or employees or the trustees to any reporting, licensing or registration requirements, in such jurisdiction. Further, investors are requested to note that if, subsequent to the account opening, if an investor is found to be a US person or resident of US or any other jurisdiction which restricts or regulates the sale of Indian securities to its citizens and/or residents as mentioned above (whether or not due to a change in status), the AMC reserves the right to redeem such investor s investments. The Unitholders would be entitled to redeem their units at any time subject to the applicable load in all the Schemes. The Schemes will not be listed on any stock exchange. The Unitholders would be entitled to redeem their units at any time, subject to the applicable load in the Schemes. The NAV of the Scheme thereafter will be calculated and declared on every business day on the AMFI website www. amfiindia.com and the Fund s website www.dws-india.com by 9. p.m on the same day. Also, NAV shall be published in atleast 2 daily newspapers. The complete portfolio shall also be published in 2 newspapers on a half yearly basis. The monthly portfolio of the Schemes shall be available in a user-friendly and downloadable format on the website viz. www.dws-india.com on or before the tenth day of succeeding month. A complete statement of the portfolio under the Scheme(s) would also be published by the Mutual Fund as an advertisement in one English daily Newspaper circulating in the whole of India and in a newspaper published in the language of the region where the Head Office of the Mutual Fund is situated within one month from the close of each half year (i.e. March 31 & September 30) or mailed to the Unit holders. Purchase including Switch-ins: In respect of purchase of units in above Scheme with amount less than ` 2 Lakhs: If the applications is received on any Business Day at the official points of acceptance of transactions along with a local cheque or a demand draft payable at par at the place of submission of the applications : (i) up to 3.00 p.m. - Closing NAV of the day of receipt of application. (ii) after 3.00 p.m. - Closing NAV of the next Business Day. In respect of valid application received for an amount equal to or more than ` 2 lakhs upto 3.00 p.m. on a Business 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; COMBINED SCHEME INFORMATION DOCUMENT (SID) - I 10
In respect of valid application received for an amount equal to or more than ` 2 lakhs after 3.00 p.m. on a Business 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 cutoff 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 ` 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. Redemption and Switch-out: Applications received on any Business Day at the official points of acceptance of transactions (i) Upto 3.00 PM: Closing NAV of day of the receipt of the Application (ii) After 3.00 PM: Closing NAV of the next Business Day after the day of receipt of application * w.e.f. January 1, 2013: Direct Plan is available only for investors who purchase/subscribe units in a scheme directly with the fund and is not available for investors who route their investments through distributors. $ The name of the DWS Global Thematic Offshore Fund has been changed to DWS Top Euroland Offshore Fund w.e.f. January 09, 2014. This is consequent to change in underlying fund. The benchmark has been also changed to EURO STOXX 50 from MSCI World Index. # The name of DWS Twin Advantage Fund has been changed to DWS Equity Income Fund w.e.f. January 12, 2015. This is consequent to change in fundamental attributes (including the Scheme name, the asset allocation and the benchmark index etc.). Name of the Scheme Type Investment Objective Benchmark Underlying Fund DWS Global Agribusiness Offshore Fund (DGAOF) An open ended overseas Fund of Funds Scheme The primary investment objective of the scheme is to generate long-term capital growth by investing predominantly in units of overseas mutual funds, focusing on agriculture and/or would be direct and indirect beneficiaries of the anticipated growth in the agriculture and/or affiliated/allied sectors. MSCI World Index Deutsche Invest I Global Agribusiness Plans The fund has two plans: a) DWS Global Agribusiness Offshore Fund b) DWS Global Agribusiness Offshore Fund - Direct Plan* DWS Global Agribusiness Offshore Fund-Direct Plan is only for investors who purchase /subscribe Units in a Scheme directly with the Fund and is not available for investors who route their investments through a Distributor. Investors should also indicate Direct in the ARN column of the application form. However, in case Distributor code is mentioned in the application form, but Direct Option is indicated against the Scheme name, the Distributor code will be ignored and the application will be processed under Direct Option. In case neither distributor s code nor Direct is indicated in the application form, the same will be treated as Direct Plan application. The default plan between DWS Global Agribusiness Offshore Fund-Direct Plan and DWS Global Agribusiness Offshore Fund will be captured based on the following Scenario Scenario Broker Code mentioned Plan mentioned by the investor Default Plan to be captured by the investor 1 Not mentioned Not mentioned DWS Global Agribusiness Offshore Fund-Direct Plan 2 Not mentioned DWS Global Agribusiness Offshore Fund-Direct Plan 3 Not mentioned DWS Global Agribusiness Offshore Fund 4 Mentioned DWS Global Agribusiness Offshore Fund-Direct Plan DWS Global Agribusiness Offshore Fund-Direct Plan DWS Global Agribusiness Offshore Fund-Direct Plan DWS Global Agribusiness Offshore Fund-Direct Plan 5 Direct Not Mentioned DWS Global Agribusiness Offshore Fund-Direct Plan 6 Direct DWS Global Agribusiness Offshore Fund 7 Mentioned DWS Global Agribusiness Offshore Fund DWS Global Agribusiness Offshore Fund-Direct Plan DWS Global Agribusiness Offshore Fund 8 Mentioned Not Mentioned DWS Global Agribusiness Offshore Fund In cases of wrong/ invalid/ incomplete ARN codes mentioned on the application form, the application shall be processed under DWS Global Agribusiness Offshore Fund. The AMC shall contact and obtain the correct ARN code within 30 calendar days of the receipt of the application form from the investor/ distributor. In case, the correct code is not received within 30 calendar days, the AMC shall reprocess the transaction under DWS Global Agribusiness Offshore Fund-Direct Plan from the date of application without any exit load. Options Dividend Option Growth Option Growth and Dividend (Payout & Reinvestment) The Trustees reserve the right to declare dividend under the Scheme depending on the net distributable surplus available under the Option. It should, however, be noted that the actual distribution of dividends and the frequency of distribution will depend, inter alia, on the availability of the distributable surplus and will be entirely at the discretion of the Trustees or any Committee authorized by them. All income earned and any realized profit in respect of a unit issued under that will continue to remain invested until repurchase and shall be deemed to have remain invested in the option itself and will be reflected in the NAV. 11
Lock-In Period Minimum Application Amount for lump sum investment Minimum Application Amount for additional investments Minimum Redemption Amount Systematic Investment Plan (SIP) Systematic Transfer Plan (STP) Systematic Withdrawal Plan (SWP) Minimum Application Amount for investments through SIP/STP/SWP Frequency Switching Entry Load on lump sum investment/sip/stp Exit Load on lump sum Investment/SIP/STP/ SWP Investments by NRIs/ FIIs/FPIs Liquidity Not Applicable ` 5000 per application and in multiples of ` 1 thereafter. ` 1000 and in multiples of ` 1 thereafter. ` 1000 and in multiples of ` 1 thereafter. Available Available Available Minimum amount of ` 12000 divided into 12 installments of ` 1000 each for 12 months or 6 installments of ` 2000 each for 6 months or 4 installments of ` 3000 each for 3 months. For Daily SIP/STP: Minimum investment per day is ` 300/- and the minimum period shall be 2 months. SIP s upto ` 50000 per year per investor i.e. aggregate of installments in a rolling 12 months period or in a F.Y. (to be referred as Micro SIP ) shall be exempt from the requirement of PAN as a proof of identification. For SIP/STP: 1st, 7th, 15th, 21st and 28th of the month/quarter/week/day or on the next business day if the chosen date happens to be a holiday. For SWP: 7th, 15th, 21st and 28th of the month/quarter/week or on the next business day if the chosen date happens to be a holiday. Perpetual duration under SIP/STP has been introduced w.e.f. June 30, 2015. Investors may opt to switch units between different schemes of Deutsche Mutual Fund and also between different options (Growth/Dividend) and plans of the same scheme at NAV based prices. Nil 1% if redeemed/switched out within 12 months of allotment. However, no exit load will be charged where the STP is into an equity fund from a non equity fund. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors assessment of various factors including the service rendered by the distributor. No exit load will be charged for switches between options of the same scheme. No exit load will be charged for switches and STP from any scheme to the equity schemes of DMF (except DWS Arbitrage Fund) For further details on load structure refer to the section Load Structure on page no 59. Investment by NRIs/FIIs/FPIs are allowed on a full repatriation basis subject to RBI approvals, if any. Further, the sale and solicitation of Units of the Fund is prohibited to citizens and residents of United States of America or any other jurisdiction which restricts or regulates the sale of Indian securities to its citizens and/or residents or which jurisdiction could otherwise subject the AMC or its parent companies or any of its affiliates or employees or the trustees to any reporting, licensing or registration requirements, in such jurisdiction. Neither this SID nor the units have been registered in any jurisdiction. The distribution of this SID in certain jurisdictions may be restricted or subject to registration requirements and, accordingly, persons who come into possession of this SID in such jurisdictions are required to inform themselves about, and to observe, any such restrictions. No person receiving a copy of this SID or any accompanying application form in such jurisdiction may treat this SID or such application form as constituting an invitation to them to subscribe for Units, nor should they in any event use any such application form, unless in the relevant jurisdiction such an invitation could lawfully be made to them and such application form could lawfully be used without compliance with any registration or other legal requirements. The sale and solicitation of Units of the Fund is prohibited to citizens and residents of United States of America or any other US person (as defined in the US Securities Act of 1933) or any person of any other jurisdiction which restricts or regulates the sale of Indian securities to its citizens and/or residents or which jurisdiction could otherwise subject the AMC or its parent companies or any of its affiliates or employees or the trustees to any reporting, licensing or registration requirements, in such jurisdiction. Further, investors are requested to note that if, subsequent to the account opening, if an investor is found to be a US person or resident of US or any other jurisdiction which restricts or regulates the sale of Indian securities to its citizens and/or residents as mentioned above (whether or not due to a change in status), the AMC reserves the right to redeem such investor s investments. The Unitholders would be entitled to redeem their units at any time, subject to the applicable load in the Schemes. COMBINED SCHEME INFORMATION DOCUMENT (SID) - I 12