Commission

Transfer Plan (CTP)

Registration Form
¹ Enrolment / ¹ Cancellation Date: D D M M Y Y Y Y

(Please refer Product labeling available on cover page of the KIM and terms and conditions overleaf)

Name of the ARN Holder :

ARN No. : Folio :

Commission Transfer Plan (CTP) Details ¹ Fixed ¹ Entire

Commission Amount Commission Amount

Scheme Name Plan Option /Sub-option/Facility Amount (Rs.) Percentage (%)

Mahindra Manulife c Growth

þ Direct c Dividend Payout c Dividend Reinvestment

Dividend Frequency (if applicable)

Mahindra Manulife c Growth

þ Direct c Dividend Payout c Dividend Reinvestment

Dividend Frequency (if applicable)

Mahindra Manulife c Growth

þ Direct c Dividend Payout c Dividend Reinvestment

Dividend Frequency (if applicable)

Mahindra Manulife c Growth

þ Direct c Dividend Payout c Dividend Reinvestment

Dividend Frequency (if applicable)

Mahindra Manulife c Growth

þ Direct c Dividend Payout c Dividend Reinvestment

Dividend Frequency (if applicable)

Mahindra Manulife c Growth

þ Direct c Dividend Payout c Dividend Reinvestment

Dividend Frequency (if applicable)

From : Month Year

Enrolment
period Till: Month Year or c until cancelled

Declaration:
I/We have read and understood the contents of the scheme related documents (i.e. Scheme Information Document / Key Information Memorandum & Statement of Additional Information) of
the Scheme(s), and hereby apply for enrolment under the Commission Transfer Plan (CTP) in above mentioned Scheme - Plan(s) / Option(s) and further agree to abide by the terms, conditions,
rules and regulations of the Scheme(s) including the terms and conditions/instructions pertaining to the CTP as on the date of this transaction. I/We hereby declare that the particulars given
above are correct and hereby authorize the AMC to deduct and invest the commission payable amount as speci ed in the CTP enrolment form. I/We authorise the AMC to honour the
Commission transfer instructions as mentioned in the application form. If the transaction is delayed or not effected at all for reasons of incomplete or incorrect information, I/We would not hold
the AMC / Trustees /Mahindra Manulife Mutual Fund, their appointed service providers or representatives responsible. I/We hereby authorize you to disclose, share, remit in any
form/manner/mode the above information and/or any part of it including the changes/updates that may be provided by me/us to the Fund, its Sponsor/s, Trustees, AMC, its employees, agents
and third party service providers, SEBI registered intermediaries for single updation/ submission, any Indian or foreign statutory, regulatory, judicial, quasi- judicial authorities/agencies including
but not limited to Financial Intelligence Unit-India (FIU-IND) etc without any intimation/advice to me/us.

Sign Here Sign Here Sign Here

First/Sole Unit holder / PoA holder/ Karta Second Unit holder Third Unit holder
Please note : Signature(s) should be as it appears on the Application Form and in the same order In case the mode of holding is joint, all Unit holders are required to sign.

& TEAR HERE &

ACKNOWLEDGEMENT SLIP (To be lled in by the Investor)

Head Office : Sadhana House, 1st Floor, 570 P.B. Marg, Worli, Mumbai -400018, Tel.: 1800 419 6244 Date : D D M M Y Y Y Y
¹ Enrolment / ¹ Cancellation Folio Number: _______________________ ISC Stamp & Signature
Received from Mr./Ms./M/s. _______________________________________________________________ ‘CTP’ application for transfer
of commission.

to Scheme / Plan / Option _________________________________________________________________________________________

Commission Transfer Plan (CTP)
CTP is a triggered facility available to all empanelled distributors/ARN-holders of Mahindra Manulife Mutual Fund ('Fund') wherein the empanelled distributors
opt to transfer an amount in part or in full of the commission at regular intervals to one or more of the schemes of the Fund offered under CTP and that Mahindra
Manulife Investment Management Private Limited (Formerly known as Mahindra Asset Management Company Private Limited) ['AMC'] will be authorized to transfer
the amount of commission based on an agreed predetermined percentage of the commission payable (post deduction of taxes, if any and clawback).

Terms & Conditions

• All open ended schemes of the Fund are eligible for the CTP facility.
• Distributors may choose to invest their monthly commission payout partly or fully into a direct plan of one or more schemes of the Fund in a single folio using a
CTP mandate for a specified period.
• CTP will be registered at a ARN-level and multiple CTP enrolment request will be ignored/rejected till the time the oldest CTP request is in effect
• This facility will be triggered only when the commission payouts is to be effected to the Distributor. The subscription in the scheme(s) will be made within 2 business
days of the commission payout.
• Minimum amount for CTP subscription will be same as the minimum investment amount for respective scheme(s).
• CTP can be done either for entire commission amount or for the specified fixed commission payout (in Rupee / % terms)
• Distributor must subscribe to the CTP facility at least 7 business days before the end of the calendar month. The CTP Registration Form complete in all respects,
should be submitted at any of the Investor Service Centres (ISC's) of the Fund.
• Distributor can cancel the CTP enrolment by submitting a written application at least 7 business days before the end of the calendar month.
• In case the Distributor opts for single/multiple scheme/s the ARN-holder under "Fixed Commission Amount" CTP facility and the net commission payable amount for
the month is less than the specified fixed amount opted under the single scheme / multiple schemes, then no amount shall be invested for the month and the entire
commission payable amount will be credited to the bank account of the Distributor.
Example 1) If a distributor opts for 'Fixed Commission Amount' transfer of Rs 5,000 in Mahindra Manulife Liquid Fund and the net commission payable amount
calculated for the month is Rs 4,800, then the entire commission of Rs 4,800 will be credited to the bank account of the distributor.
Example 2) If a distributor opts for 'Fixed Commission Amount' transfer of Rs 2,000 in Mahindra Manulife Liquid Fund and Rs 2,000 in Mahindra Manulife Ultra
Short Term Fund and the net commission payable amount calculated for the month is Rs 3,500, then the entire commission of Rs 3,500 will be credited to
the bank account of the distributor since the aggregate investment value under “Fixed Commission Amount” option across the 2 schemes in the given
example viz. Mahindra Manulife Liquid Fund & Mahindra Manulife Ultra Short Term Fund is Rs. 4,000.
• In case the distributor opts for single/multiple scheme/s under "Entire Commission Amount" Transfer option and the net commission payable amount for the month
less than the prescribed Minimum Subscription Amount(s) under the single scheme or multiple schemes, then the net commission payable amount will be credited to the
bank account of the distributor.
Example 1) If a distributor opts for 'Entire Commission Amount' transfer in Mahindra Manulife Liquid Fund and the net commission payable amount calculated for the
month is Rs 400, then the entire commission of Rs 400 will be credited to the bank account of the distributor as the same is less than the Minimum
subscription amount of Rs 1000 in the said scheme.
Example 2) If a distributor opts for 'Entire Commission Amount' transfer in multiple schemes viz. 50% of commission payable in Mahindra Manulife Liquid Fund and
remaining 50% in Mahindra Manulife Ultra Short Term Fund and the net commission payable amount calculated for the month is Rs 1600, then the entire
commission of Rs 1600 will be credited to the bank account of the distributor since the aggregated investment value across the 2 schemes in this example viz.
Mahindra Manulife Liquid Fund & Mahindra Manulife Ultra Short Term Fund is less than the aggregated minimum subscription amount of Rs 2,000.
• In case the distributor opts for the "Entire Commission Amount” option then proportionate percentage in which the same shall be applied across multiple
schemes should be specified and the total percentage should be 100%. In case of a single scheme, by default the percentage will be considered as 100%.
• In case of multiple schemes opted under "Entire Commission Amount” transfer option, the investment amount for even a single scheme as per the proportional
percentage derived in is less than the minimum subscription amount of respective schemes, then the entire Commission will be credited to the bank account of the
ARN holder.
• The investment amount to be considered under both the options above, will be in multiples of Re 1 and any rounding-off will ignored for investment purpose.
• Any balance commission, left after investing the requested commission amount towards allotment of units in single scheme/multiple schemes as opted by the
Distributor under the existing enrolled CTP, will be remitted to the default bank account details registered/provided by the Distributor for receipt of
Commission payouts
• Demat mode of Unit holdings shall not be available in Schemes with Dividend option of less than monthly frequency
• Under normal circumstances, the CTP will be processed every month within 2 business days of the commission payout. In case, there are more than one
commission payout(s) during a month under exceptional scenario(s), only the first commission payout will be processed under the CTP facility.
• Any modifications to the CTP is not permitted, however an existing CTP can be cancelled and a new CTP may be registered.
• In case CTP facility is opted in Mahindra Manulife ELSS Kar Bachat Yojana, the units allotted through CTP facility shall be subject to a lock-in period of 3 years and
redemption of such units can be made only after a period of 3 years from the date of allotment of units.
• In the event of any delay caused in transferring the amount of commission as mandated by the Distributor, the AMC along with their directors, employees and
representatives shall not be liable for any errors, damages or losses arising out of or in connection with the transactions undertaken by distributors through
this facility.
• The AMC/Mahindra Manulife Trustee Private Limited (Formerly known as Mahindra Trustee Company Private Limited) reserves the right to change/modify the terms
and conditions of the CTP facility or withdraw the CTP facility at a later date.