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Legal · Mutual funds · India

Mutual fund disclaimer

> **Mutual fund investments are subject to market risks. Read all scheme-related documents carefully.**

This warning applies to every purchase, SIP registration, switch, and redemption you initiate through Saventh's investor app or related channels operated by **Half Billion Technology Pvt Ltd (ARN 324457)**.

Investor disclaimer (full)Regulatory disclosures

Mutual fund distributor details

Saventh **does not** manufacture or manage mutual fund schemes. Schemes are established by SEBI-registered Asset Management Companies (AMCs). Saventh receives and transmits your orders; units are held in your name in AMC/registrar folios.

Field	Value
Legal name	Half Billion Technology Pvt Ltd
Brand	Saventh
AMFI ARN	324457
Category	Mutual Fund Distributor (MFD)
Execution platform	BSE Star MF (StAR MF) — Member ID 65907
Registered office	[Address — counsel to confirm]
Grievance	[`/grievance`](../support/grievance.md)

Scheme-related documents you must read

Saventh surfaces these via AMC links or integrated document viewers. **You** are responsible for reading them — summaries in the app are not substitutes.

Document	What it contains	When to read
SID (Scheme Information Document)	Investment objective, asset allocation, risk factors, fees	Before first investment in a scheme
KIM (Key Information Memorandum)	Condensed SID summary	At point of sale
SAI (Statement of Additional Information)	AMC legal details, tax treatment	Reference as needed
Factsheet	Latest portfolio, NAV, performance	Ongoing monitoring
Riskometer	SEBI-mandated risk level visual	Each transaction review
Product labelling	Benchmark, suitability pointers	As shown in app

Types of mutual fund risks

Stock price volatility, sector concentration, liquidity in small-cap segments, tracking error in index funds.

Interest rate risk, credit/default risk in corporate bonds, liquidity risk in closed-ended structures. **Not** capital guaranteed.

Combined equity and debt risks per allocation band.

Lower volatility but not zero risk; credit events can impact NAV.

Equity market risk plus **3-year lock-in** from date of investment — plan liquidity accordingly.

Currency fluctuation, geopolitical risk, different market hours.

Answer-first: “Market risks” means the value of your investment can go up or down based on market and portfolio factors — including the possibility that you receive less than your invested amount on redemption.

Past performance and marketing norms

Live campaigns and session slides are reviewed against AMFI advertising guidelines. Report suspected misrepresentation to [`/grievance`](../support/grievance.md).

Past performance **may or may not be sustained** in the future.
Illustrations assuming **X% CAGR** in calculators or decks are hypothetical unless tied to audited historical data with disclaimers.
Rankings, awards, and star ratings are third-party opinions — not Saventh guarantees.
Saventh marketing must not contain **assured return** or **risk-free** language for mutual funds.

Operational risks in mutual fund transactions

Saventh traces orders on BSE Star MF infrastructure. Settlement timelines follow AMC and banking cycles — typically T+1 to T+3 for redemptions depending on scheme type.

Risk	Description	Mitigation
Cut-off miss	Orders after NAV cut-off get next day's NAV	App shows cut-off timers (IST)
Payment failure	Mandate bounce, insufficient balance	Alerts; no units until payment clears
KYC hold	Incomplete CKYC blocks allotment	Support guides re-KYC
Exchange/AMC outage	Rare BSE or registrar downtime	Orders queue or fail visibly — not silent
Incorrect order entry	User-selected wrong scheme/amount	Review confirmation screen; some orders irreversible post-allotment

Costs and commissions

GST and other statutory levies apply as per law.

**TER** (Total Expense Ratio) is deducted from scheme NAV — disclosed in SID/KIM.
**Exit load** may apply if you redeem before specified holding period.
**Stamp duty** on mutual fund purchases applies as per government rules.
Saventh earns **AMFI-permitted commission** from AMCs — not a separate line item charged to you on top of TER for regular plans. *[Counsel to confirm direct vs regular plan offering.]*

Nominee and account structure

Nomination is strongly recommended for sole holdings — facility provided per AMC rules in-app.
Joint holdings and minor accounts (if supported) require additional documentation.
Transmission on death follows AMC/registrar processes — not instantaneous app self-service in all cases.

Plan types (if applicable)

*[Counsel to retain or remove based on product offering.]*

If Saventh offers **Direct plans**, TER is lower because distributor commission is excluded. If **Regular plans** are offered, commission is embedded in TER. You choose at scheme selection; switching may have tax implications.

Complaints about mutual fund services

1. **Saventh** — [`/grievance`](../support/grievance.md) (first contact)

2. **AMFI** — investor grievance mechanism at [amfiindia.com](https://www.amfiindia.com)

3. **SEBI SCORES** — [scores.gov.in](https://scores.gov.in) for market-related complaints

Keep folio numbers, order IDs, and correspondence for escalation.

Frequently asked questions

Why does Saventh show the mutual fund disclaimer on every page?

SEBI and AMFI require prominent risk disclosure for mutual fund distribution. Saventh displays the standard disclaimer so investors see market risk before transacting.

Does the disclaimer mean Saventh funds are risky?

It means returns are not guaranteed and NAV fluctuates. Risk level varies by scheme category — from relatively lower volatility liquid funds to high volatility small-cap equity funds. Read the riskometer.

Can I invest without reading the SID?

Technically you may confirm electronically, but regulators require that you have access to scheme documents. Saventh provides links; informed investing is your responsibility.

Is Saventh responsible if my ELSS is in loss after 3 years?

ELSS is an equity-linked product subject to market risk. Saventh is not liable for NAV declines if the scheme operated per its stated objective and your orders were valid.

What is BSE Star MF's role in the disclaimer?

BSE Star MF is the exchange infrastructure through which Saventh (Member ID 65907) routes orders. It does not change the fundamental market risk borne by you as investor.

Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. Saventh is an AMFI-registered mutual fund distributor (ARN 324457).

Saventh Investment is an AMFI Registered Mutual Fund Distributor.

Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs.

Saventh Investment makes no warranties or representations, express or implied, on products offered through the platform of Saventh Investment. It accepts no liability for any damages or losses, however, caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
Investments in Securities markets are subject to market risks, read all the related documents carefully before investing.

AMFI Registered
ARN - 324457