Investor Charter

Investor Charter for Alternative Investment Funds

A. Vision and Mission Statement:

Vision

To develop the Alternative Investment Fund (“AIF”) industry on professional and ethical lines and maintain high standards of governance and transparency.

Mission

• Maintain high professional and ethical standards within the AIF industry.
• Comply with all applicable regulations and co-operate with the regulators in all aspects of the AIF activity.
• Act in a fiduciary capacity towards the investors.

B. Details of business transacted by the organization with respect to the investors:

• To raise capital from domestic and global investors.
• To invest in portfolio companies in accordance with investment strategy stated in Fund documents, with an objective to generate positive returns for the stakeholders including investors.
• To distribute returns to the investors as per the fund documents.

C. Details of services provided to investors:

1. On-boarding of investors.
   1.1. Sharing of Private Placement Memorandum (PPM).
   1.2. Account opening with the AIF:

• Completing KYC of investors and registration of KYC with KRAs.
• Sharing of copies of fund documents with investors.
• Entering into contribution agreement with investor.

1. Obtaining investor consent for material changes to fund structure
   2.1. Change in the sponsor or the manager of the AIF.
   2.2. Change in control of the sponsor or the manager of the AIF.
   2.3. Material changes to terms of PPM.

• Term of Fund.
• Investment Strategy.
• Increase in fees and charges.
  2.4. Winding up of Fund/ Scheme prior to expiry of tenure.

1. Dissemination of financial information of Fund.
   3.1. Net Asset Value of Fund/ Scheme.
   3.2. Financial information of investee companies.
   3.3. Information on performance of scheme/fund.
2. Disclosures with respect to material risks associated with the fund and its portfolio investments.
   4.1. Any inquiries/ legal actions by legal or regulatory bodies in any jurisdiction.
   4.2. Any material liability arising during the tenure of the fund.
   4.3. Any breach of a provision of the PPM or any other agreement made with the investor or any other fund documents.
   4.4. Intimation regarding any conflict of interest.
   4.5. Risks associated with the portfolio, such as concentration risk, foreign exchange risk, leverage risk, realization risk, strategy risk, reputation risk, extra-financial risks such as social and corporate governance risks etc. at fund and investee company level.
3. Intimation of any non-material changes in the operations of the fund.
   5.1. Non-material changes such as

• Bank account details
• Address of AIF or its Manager or Sponsor
• Contact details such as email-id, contact number, etc. of AIF or its Manager or Sponsor

1. Grievance redressal
   6.1. Redressal of investor complaints received directly from investors and/ or from SEBI / SCORES.