Terms and Conditions

Online Wealth Platform facility is offered by Aditya Birla Finance Limited (ABFL) under the brand Aditya Birla Wealth Management (ABWM) (Wealth Management Undertaking transferred from Aditya Birla Money Mart Limited to Aditya Birla Finance Limited under scheme of Arrangement, approved by Hon’ble High Court of Gujarat vide order dated November 24, 2016) to enable its customers to carry out on its website on line transactions in the units of the mutual funds.

The Online Wealth Platform facility is being enabled through a third party service provider who has entered into necessary agreements and link up with Banks for offering various facilities through the internet, which facilitates and service, including Net Banking and settlement facilities in respect of payment instructions initiated by the Investors using Online Banking Account. Accordingly, Wealth Platform facility is available to those investors who hold bank account with these banks and have availed the facility for online payments / Net Banking.

This facility is made available with respect to select Mutual Funds only, with whom ABFL has entered into a separate arrangement and accordingly provides online Platform to deal in the units of the scheme of these mutual funds that are existing / launched / offered by them from time to time

By subscribing for the Wealth Platform facility, you agree and accept to abide and be bound by these terms and conditions. You further agree to execute all the necessary documents which may be needed from time to time to permit ABFL to send the necessary dealing details to the Mutual Funds / their authorised Registrar & Transfer Agent (RTA) to give effect to the dealings made through Wealth Platform.

1. Registration

2. General Conditions

The risks would, inter alia include:
Internet frauds - The Wealth Platform may be susceptible to number of frauds, misuse, phishing, hacking and other actions, which could affect instructions sent to ABFL/its authorised representatives. There cannot be any guarantee from such internet frauds, phishing, hacking and other actions.
The susceptibility of the Wealth Platform to virus(es) or other malicious, destructive or corrupting codes or programs.

3. Transaction Processing & Conditions

4. Indemnification

5. Suspension & Termination

6. Amendments

ABFL may amend these terms and conditions for such reason as deem fit and proper including but not limited to comply with changes in law or regulation, correct inaccuracies, omissions, errors or ambiguities, reflect changes in the process flow, scope and nature of the services, company re-organisation, market practice or customer requirements.

7. Intellectual Property Rights

The intellectual property in all material provided on the website (excluding any applicable third party materials) is held by ABFL unless otherwise stated. Except as expressly permitted herein or on the website, none of the material provided on the website may be copied, reproduced, distributed, republished, downloaded, displayed, posted, transferred or transmitted in any form or by any means, including, but not limited to, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of ABFL. Further, you shall not transfer, reverse engineer, decompile, disassemble, modify or create derivate works based on the materials provided on the Website except as permitted herein or by law. The copyright, trademarks, service marks, registered designs, database rights, patents and all similar rights in and relating to the website arising or subsisting in any country in the world and the information contained in it are owned by ABFL, its licensors or relevant third party content providers. Nothing on the website should be construed as granting, by implication, estoppel or otherwise, any license or right to use any trademark displayed on the website without the written permission of ABFL or its relevant affiliate.

You also agree not to use any information available on ABFL website for any unlawful purpose, and you shall comply with any request of ABFL or any of the third party providers to protect their respective rights in the information.

8. Disclaimer

9. Confidentiality

ABFL shall make reasonable efforts to keep all the information relating your dealing with ABFL confidential. Provided however that ABFL shall be entitled to disclose any information or particulars pertaining to you to any authority, statutory or otherwise as may be required by law or third party service provider required to effect the transactions requested by you.

10. Governing Law and Jurisdiction

In case of any dispute, either judicial or quasi-judicial the same will be subject to the exclusive jurisdiction of the courts in Mumbai. These terms shall be construed in accordance with the laws prevalent in India and are subject to SEBI guidelines, circulars, press releases or notifications that may be issued by SEBI from time to time or the Government of India, to regulate the activities of mutual fund Distributors.

11. Additional Terms & Conditions for Wrap Facility

12. Terms & Conditions for Online Systematic Investment Plan (SIP) through ECS/NACH Mandate

13. Disclosure:

i. In accordance with the extant regulations (SEBI circular: SEBI/IMD/CIR No. 4/ 168230/09) following are the details of the comparative commission earned by ABFL from various fund-houses, whose products are being distributed:


Annualized Trail










These are derived rates to be received from the Asset Management Companies (AMCs).

ABFL also gets the following reimbursements and income from AMCs towards promotion and marketing related activities conducted by ABFL on behalf of AMCs. These reimbursements are event based and the same may or may not be received from AMCs in a particular period. Further, since such activities may be carried out at AMC level, reimbursement amount received cannot be attributed to any specific scheme being offered by such AMC.

14. Conflict of Interest:

Aditya Birla Finance Limited is, as per SEBI (Mutual Funds) Regulations, an associate / group Company of Birla Sun Life Asset Management Company Limited and Trustees and Sponsor of Birla Sun Life Mutual Fund (BSLMF) and to that extent there may be conflict of interest while acting as a distributor or recommending any schemes of BSLMF. However any such recommendation or reference made is based on the standard evaluation and selection process, which applies uniformly for all Mutual Fund Schemes. The payment of commission (upfront / annualized & trail) for any Schemes by BSLMF to ABFL is also at arm’s length and as per prevailing market practices.