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Form guide · Source checked 21 October 2026
SAI and KIM : completed fund-level and application companion example
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Distinguish the SAI fund-level disclosures from the KIM scheme summary and reconcile both with the paired SID .
Source checked 21 October 2026; the cited current instrument and its commencement govern this selected example.
Download and read the completed example
Fictional Illustration Large Cap Fund, an open-ended domestic large-cap equity scheme, Direct Growth example dated 20 October 2026. This is not an actual mutual fund, registered scheme, public offer, track record or investment recommendation.
Fictional, unsigned completed illustration. It demonstrates this form’s fields; it is not a filed return, medical opinion, official order or proof of an actual transaction.
When and how this form is used
SAI includes constitution, sponsor/trustee/ AMC , service providers, legal/risk/valuation/tax information, investor rights and fund reporting. KIM summarises the particular scheme for the application. Neither is merely a duplicate SID download.
The completed model names every provider as a fictional role and gives no false registration, certified accounts or prior return. A first-scheme/no-history case must say N/A rather than invent a nil-performance record.
KIM terms reconcile to the paired SID : same objective/category,85/15 portfolio, Very High risk, Direct Growth, minimums, expenses and exit load. A different fee or allocation in a shorter document is a substantive disclosure error.
The current nomination annexure applies to mutual-fund folios as well as demat accounts. Do not reuse a superseded nomination rollout merely because it appears in an older master or FAQ.
The completed fields
KIM : same scheme, concise investor facts
| Prescribed field / section | Completed fictional entry |
|---|---|
| Fund / AMC / trustee / scheme identity | Illustration Mutual Fund; Example Asset Management Company and Example Trustee Company, fictional roles. Illustration Large Cap Fund, active open-ended equity/large-cap category, Direct Growth chosen. Registration/scheme code not fabricated; no stock-exchange listing proposed. |
| Objective / allocation / strategy | Long-term capital appreciation through domestic large-cap equity. Scheme design 80–100%large-cap equity,0–20%debt/money-market instruments; selected portfolio 85%large-cap equity and 15%treasury/liquid instruments. No derivatives, overseas securities, securitized debt, REIT / InvIT units, AT 1/AT 2, lending, short selling or leverage selected. |
| Benchmark / risk / investor horizon | Nifty 100 Total Return Index chosen as model benchmark, not a claim of index replication or use permission. Model scheme risk Very High, benchmark Very High, subject to actual prescribed risk assessment. Suitable objective: long-term equity exposure with ability to bear losses; no assured return or guarantee. |
| Plans / options / minimums | Direct and Regular plans; Growth and IDCW options assumed offered, but this example is Direct Growth. NFO minimum₹5,000 and subsequent/additional₹1,000; redemption minimum 100 units or full balance. These are model scheme terms, not universal SEBI minima. No distributor commission in Direct plan. |
| NFO / liquidity / redemption | Assumed educational NFO 1–10 October 2026 at₹10; first ongoing dealing 20 October. Actual offer permissions, collections, allotment and commencement not asserted. Daily purchase/redemption after reopening through actual acceptance points, applicable cut-off and funds-realisation rules. No promise of intraday liquidity or fixed redemption NAV . |
| NAV / proceeds / load | Daily NAV publication via actual AMC /AMFI channel by applicable deadline; no fictional live link. Selected model exit load 1%on units redeemed within 365 days, nil thereafter; no entry load. Scheme load is an assumed term, not a tax. Redemption 100 units at₹11 gives₹1,100 gross−₹11 load=₹1,089 before applicable tax/other law. |
| Costs / NAV / performance summary | Same Direct Growth model as paired SID : assets 101 less liabilities 1=net 100 crore; 10 crore units; NAV ₹10. Assumed recurring expense 1%pa; exit load 1%within 365 days, nil thereafter. No history/performance because this fictional scheme has no real track record. Risk Very High; losses possible. Application accompanied by actual current KIM , not merely a link to a long SID . |
SAI : fund constitution, governance and service providers
| Prescribed field / section | Completed fictional entry |
|---|---|
| Constitution / sponsor / trustee | Fictional Indian trust Illustration Mutual Fund; sponsor Example Sponsor Ltd, fictional company with assumed net worth₹500 crore; trustee Example Trustee Company. No registration number, trust deed execution or eligibility certification invented. Model directors Ravi Kumar/Meera Rao/Arun Mehta with actual roles assumed, no professional biographies asserted. |
| AMC / management / conflicts | Example AMC Ltd, model net worth₹200 crore; CEO Asha Verma, CIO Priya Sharma, fund manager Nish a Desai, all fictional. No actual adverse proceedings assumed on model facts. Conflicts policy requires associate dealings, allocation and commissions to be disclosed/controlled; no claim that shared group identity alone removes conflict. |
| Providers / financial history | Example Custodian, Example RTA , Example Auditor, Example Legal Counsel, Example Fund Accountant and Example Collection Bank are fictional roles with example.invalid contacts. No genuine auditor opinion or registration. Prior-three-year scheme per-unit financial statistics N/A because there is no real launched scheme history; do not manufacture nil returns as performance. |
SAI : operations, investor rights, valuation and reporting
| Prescribed field / section | Completed fictional entry |
|---|---|
| Applications / defaults / services | KYC /current authorised channels and funds-realisation rules apply. Direct Growth specifically selected; no ambiguous default plan/option used to divert investor into Regular or IDCW . Model min₹5,000 NFO/₹1,000 additional; full applicable facility terms belong in actual application documents. |
| Valuation / NAV / related transactions | Board-approved valuation policy and current prescribed valuation methods govern real assets. Model net asset₹100 crore and 10 crore units give NAV ₹10. Related-party transactions none on fictional facts; actual holdings, inter-scheme transfers, demat/remat and turnover disclosures must reflect genuine records. |
| Rights / tax / charges / inspection | Proportionate beneficial ownership, lawful disclosures/redemption and statutory voting/exit rights remain. No guaranteed after-tax return. Actual stamp duty/transaction charges and investor-specific taxes require current law; no assumed all-investor exemption. Trust deed, investment management agreement, custodian/ RTA agreements and financial statements are real inspection documents, not supplied fictitious signed exhibits. |
| Reports / grievance / nomination | Periodic statements/CAS, portfolio/financial reports and current fund disclosures must be delivered/published as applicable. Actual registrar/ AMC then SCORES /ODR grievance channels apply. Demat/MF folio nomination follows 29 May 2026 circular from 1 September: up to 3 nominees, optional fields and opt-out; no outdated ten-nominee instruction. |
| Due diligence / responsibility / date | SID / SAI / KIM model dated 20 October 2026, internally consistent. Actual AMC /trustee certification, regulator correspondence and signatures NOT EXECUTED. A real KIM summary cannot cure a materially false or omitted SID / SAI disclosure. |
Supporting records and reconciliation
Retain the actual records identified in each field block, approvals/authority, reporting-period reconciliation and genuine submission or delivery evidence. The fictional entries do not establish those underlying facts.
Worked calculation: Same NAV ₹100 crore/10 crore units=₹10. Allocation 85%+15%=100%. The model exit calculation₹1,100−₹11=₹1,089 is before investor-specific tax/levies.
Official source and version
October2026 Second Amendment: commencement deferred180days; not applied to21 October example
29 May2026circular, paragraphs4–15, effective1 September2026
Download the official requirement and format pages. The named annexure/regulation governs; adjacent material may share a page. This completed PDF is an educational field transcription, not an exchange XBRL import file or executed certificate.
Use the identified reporting period and entity/transaction branch. A genuine filing must use the competent current exchange/ SEBI /depository channel. Website catalogue numbers are not legal form numbers.
Practical questions
Can I submit the sample as my own completed form?
No. Replace the fictional facts with accurate records, use the competent filing or record-keeping route described above and complete genuine signatures or certifications where required.
What makes the example specific to this form?
Distinguish the SAI fund-level disclosures from the KIM scheme summary and reconcile both with the paired SID . The URL’s form-016 is this website’s catalogue identifier, not an official SEBI statutory form number.