Offer of Units of Rs. 10/- each (i.e. face value) for cash (on allotment, the value of each Unit would be approximately 1/100th of the value of Nifty CPSE Index) to be issued at a premium, if any, approximately equal to the difference between face value and FFO 3 Allotment Price during the Further Fund Offer 3 (“FFO 3”) and at NAV based prices thereafter. For the existing CPSE ETF the Ongoing Offer Period for the Scheme commenced on April 04, 2014.

Note
*Payment of Transaction Charges – For applications received during the FFO 3 Period, the AMC/ Mutual Fund may deduct transaction charges of Rs.150 (Rupees One Hundred and Fifty) (for first time investors across mutual funds) or Rs.100 (Rupees One Hundred) (for existing investors across mutual funds) from the Subscription amount, which would be paid to the empanelled AMFI registered Distributor / agent of the Investor (in case the empanelled AMFI registered Distributor / agent has “opted in” to receive the transaction charge for this type of product) and the balance amount shall be invested in the Scheme. Please refer to Section IV (C) (Transaction Charges) of the Supplement to SID for further details.
# Retail Individual Investors: Individual Investors (including HUFs applying through their Karta’s and NRIs) who have applied for FFO 3 Units for an amount not exceeding Rs.2,00,000 (Rupees Two lakhs). @Anchor Investor Portion: The portion not exceeding 30% (Thirty percent) of the Maximum Amount to be Raised (if any) as stated in the Section III – Further Fund Offer 3 of Supplement to SID, shall be available for allocation to Anchor Investors on a proportionate basis.
^Maximum Amount to be Raised (if any): An “Initial Amount” of Rs.8,000 crores plus an “Additional Amount” (if any) - The AMC, on the instruction of the Seller/The Government of India, shall notify the “Additional Amount” (if any) to the investors vide public notification/addendum post closure of Non Anchor Investor FFO 3 Period (“Initial Amount” and “Additional Amount” shall be collectively referred as “Maximum Amount to be Raised”).
**Discount Offered by GOI: Discount of 4.5% (Four and half percent) on the “FFO 3 Reference Market Price” of the underlying shares of Nifty CPSE Index shall be offered to FFO 3 by GOI. FFO 3 Reference Market Price: The price determined based on the average of full day volume weighted average price (VWAP) on the NSE during the Non Anchor Investor FFO 3 Period (inclusive of Non Anchor Investor FFO 3 Period open as well as close date) for each of the index constituents of the Nifty CPSE Index.
Note - Discount on the ‘FFO 3 Reference Market Price’ may not be a discount to the closing market price of the underlying shares of Nifty CPSE Index on the FFO 3 Allotment Date.
• FFO 3 Units will rank pari-passu to the existing Units of the CPSE ETF

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