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Declaration

The information and data contained in this Website do not constitute distribution, an offer to buy or sell or solicitation of an offer to buy or sell any Schemes/Units of HDFC Mutual Fund in any jurisdiction in which such distribution, sale or offer is not authorised. The material/information provided in this Website is for the limited purposes of information only for the investors. In particular, the information herein is not for distribution and does not constitute an offer to buy or sell or solicitation of an offer to buy or sell any Schemes/Units of HDFC Mutual Fund to any person in the United States of America ('USA')/Canada.

By entering this Website or accessing any data contained in this Website, I/We hereby confirm that I/We am/are not a U.S. person, within the definition of the term 'US Person' under the US Securities laws/resident of Canada. I/We hereby confirm that I/We am/are not giving a false confirmation and/or disguising my/our country of residence. I/We agree and acknowledge that HDFC Mutual Fund/HDFC Asset Management Company Limited (HDFC AMC) is relying upon my/our confirmation and in no event shall the directors, officers, employees, trustees, agents of HDFC AMC associate/group companies be liable for any direct, indirect, incidental or consequential damages arising out of false confirmation provided herein.

  Disclosure Of Executive Remuneration

SEBI vide its circular no. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016 has mandated the Mutual Funds /Asset Management Companies to make the following disclosures pertaining to a financial year on the MF/AMC website under a separate head – 'Remuneration':

1. Name, designation and remuneration of Chief Executive Officer (CEO), Chief Investment Officer (CIO) and Chief Operations Officer (COO) or their corresponding equivalent by whatever name called.

2. Name, designation and remuneration received of all employees of MF/AMC whose:
a. Annual remuneration was equal to or above INR 60 lakh for that year.
b. Monthly remuneration in the aggregate is not less than INR 5 lakh per month, if the employee is employed for a part of the financial year.

3. The ratio of CEO's remuneration to median remuneration of MF/AMC employees.

4. MF's total AAUM, debt AAUM and equity AAUM and rate of growth over last three years.

The underlying objective of the said SEBI circular was to promote transparency in remuneration policies so that executive remuneration is aligned with the interest of investors, MFs /AMCs

Click here to view:

Details of remuneration of executives and other personnel of HDFC Asset Management Company Limited
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