By accessing the application, you ("User / you") are agreeing to be legally bound by the terms and conditions given herein below. Please read the following terms and conditions carefully before using the Application and/or acceptance of the following terms and conditions.
This Application may contain supplemental 'Terms and Conditions' and additional disclosures (which will be notified to the Users once they come into force) and disclaimers at various sections, which are in addition to these Terms and Conditions, disclosures and disclaimers. In the event of a conflict, the supplemental Terms and Conditions and additional disclosures and disclaimers will govern those sections.
This Application is solely for the purpose of providing information about participating Mutual Fund ("MF") Asset Management Companies ("AMCs") with KFPL and offers a platform to access and transact in their products and services. The Application provides general information about mutual funds and should not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for the units of any Mutual Fund schemes.
While due care has been taken to ensure the accuracy of information on this Application, KFPL (including its directors, promoters, employees, agents and assigns), AMC, Trustee Company, MFs and its sponsors, their associates, and any person connected with it, shall not in any way be responsible for any loss or damages arising from the use or inability to use the Application and its contents and shall not entertain any legal liability for the adverse implications, if any.
Definition: The Application shall mean the software provided by KFPL to offer such services, as KFPL may decide from time to time, pertaining to financial and other service transactions relating to MF AMCs serviced by KFPL KFinKart to be used on Apple iOS (Apple's mobile operating system) and Android OS (Android mobile operating system) devices and any upgrades from time to time and any other software or documentation which enables the use of the Application.
Collection of Information: We receive and store information about you such as:
Information you provide to us:We collect information you provide to us which includes your name, email address, address or postal code, payment method and mobile number. We collect this information in a number of ways, including when you enter it while using our service, interact with our application , or participate in surveys or ratings enabled through application;
Information we collect automatically: We collect information about you and your use of our service, your interactions with us and information regarding your device used to access our service. This information includes:
your activity on the application, history and search queries and navigation pattern;
details of your interactions with Customer Service, such as the date, time and reason for contacting us, transcripts of any chat conversations, and if you call us, your phone number and call recordings if applicable;
device IDs or other unique identifiers; device and software characteristics (such as type and configuration), connection information, statistics on page views, referral URLs, IP address (which may tell us your general location), application and standard server log information;
Information from other sources: We might supplement the information described above with information we obtain from other sources, including from both online and offline data providers. Such supplemental information could include demographic data, interest based data, and internet browsing behaviour.
Data Protection and Security: User shall provide certain Personally Identifiable Information, such as mobile number, email, identity and address proof, and mobile device information to the Application when registering to use the Application. User agrees to share this information with KFPL/AMCs to avail their services. Additionally, KFPL shall access User location information to provide services based on User geo location. Location data gathered from mobile phone is used only to provide search results and is not used in any other manner whatsoever. This information may be compiled and analyzed on an individual or aggregated basis depending on the nature of the internal research for the intended service to the users of the Application.
Any personal information you supply to KFinKart when using the Application will be used by KFinKart in accordance with its 'Disclaimer and Terms and Conditions'. Although KFPL has taken reasonable steps to provide a secure environment for the Users' personal information on their mobile device, however, due to the nature of the Internet, it cannot guarantee the confidentiality of such information. While KFPL strives to protect the user's information, it cannot ensure the security of any information transmitted to KFPL and User(s) shall do so at their own risk. Once KFPL receives your transmission, KFPL shall make best efforts to ensure information security in its systems.
The Application stores and processes personal data of the User. It is User's responsibility to keep their phone and access to the Application secure. KFPL therefore recommends User not to jailbreak or root their phone, which is the process of removing software restrictions and limitations imposed by the official operating system of device. It could make the device vulnerable to malware/viruses/malicious programs, compromise phone's security features and it could mean that the Application will not work properly or at all.
In addition to and without limiting the foregoing, KFPL shall not be liable for any harm caused by the transmission, through the services or information, of a virus, or other code or programming device that might be used to access, modify, delete, damage, corrupt, deactivate, disable, disrupt, or otherwise impede in any manner the operation of the services or any of the user's software, hardware, data or property.
We may store some information such as cookies on your computer when you access our application. Cookies are pieces of information that a website transfers to the hard drive of a visitor's computer for record-keeping purposes. This information facilitates your use of our website application and ensures that you do not need to re-enter your details every time you visit it. You can erase or choose to block this information from your computer if you want to; please refer to your browser settings to do so. Erasing or blocking such information may limit the range of features available to the visitor on our website. We also use such information to provide visitors a personalized experience on our website. We may use such information to allow visitors to use the website without logging on upon returning, to auto-populate forms, to make improvements and to better tailor our application to our visitors' needs. We also use this information to verify that visitors meet the criteria required to process their requests.
System Requirements: Full use of the Application is dependent upon User's supported mobile device and internet access. The maintenance and security of this equipment may influence the performance of the Application and it is the User's responsibility to ensure the equipment's functionality.
Software Requirements: KFPL shall on a best effort basis support the mobile operating systems such as Windows, Android and Apple iOS. KFPL does not guarantee full compatibility for each type of mobile phone/device display pertaining to size, pixels and its mobile OS in current or later versions due to the multitude of OS and their different functioning caused by specific features.
The Application requirements for both Android and iOS (and for any additional systems KFPL decides to extend the availability of the Application to) may change, and User will need to download the updates, as and when provided to keep using the Application. The User shall accept updates to the application as and when provided.
Eligibility: An existing investor/folio holder of a MF serviced by KFPL or a new investordesiring to invest in MF serviced by KFPL or any other participating mutual funds in the KFinKart application shall be eligible to use the Application. The investor shall be holding/transacting in folios with mode of operation as 'single' or as 'anyone or survivor' or 'joint' shall be eligible. The Application shall be accessible to eligible NRIs and PIOs. Depending upon the requirements, KFPL may add/modify the eligibility conditions from time to time at its own discretion.
Usage by minors: KFPL application is not intended for use by minors. The User shall be the guardian of the Minor to avail the service.
Services: KFPL reserves its right to decide the type of services, which a category of User may be offered on each account and may differ from category to category. KFPL at its sole discretion shall add/delete the services offered to the User through Application with or without notification.
The User of the Application grants express irrevocable authority to KFPL to act upon any instruction given by the User through Application, as may be permitted through the Application from time to time and until valid termination of KFPL Application service by the User. KFPL shall have no obligation to verify the authenticity of any transaction(s) received through the Application or purporting to have been sent by the User via KFinKart other than by means of verification of login credentials.
For the provision of services provided by the Application, KFPL will be using and sharing all the information provided by the User with participating AMCs , UIDAI, CERSAI KRA, participating AMC's RTA, payment gateway service providers, any other government bodies and agencies as may be required. The User hereby grants KFPL the permission to collect, store, use and share such information including documents uploaded with participating AMCs,UIDAI,CERSAI KRA and such other parties, as may be required for the purpose.
Termination of Services: KFPL may terminate the Application at any time without giving notice of termination. Unless KFPL states otherwise, upon any termination, (a) the rights and licenses granted to User in these terms will end; (b) Usershall stop using the Application, and (if needed) delete it from the device.
Restriction on Usage: Access to KFinKart application will be restricted
if the User allows any other person to have access to Application other than the registered user or
if the User attempts or permits to attempt accessing the account information stored in the mobile through unauthorized means.
Mutual Funds portfolio view: User confirms acceptance and approval to request for and to download the data as available in the Common Account Statement across all MFs. Usershall also accept providing approval for KFPL to store such data for convenience of getting one consolidated view and KFPL will not be held liable for any consequences, whatsoever, due to this action and User shall keep KFPL indemnified against any claims/litigations.User also confirms and authorizes KFPL to use User credentials passed in the KFPL application to access and download User information to be provided as single view in the KFPL application for user convenience.
Limitation of Liability: In no event will KFPL (including its directors, promoters, employees, agents and assigns), AMC, Trustee Company, Mutual Fund and its sponsors, their associates, and any person connected with it, shall not in any way be responsible for any loss or damages arising from the use or inability to use the Application and its contents and shall not entertain any legal liability for the adverse implications, if any.
Indemnity: The User shall at all times indemnify KFPL (including its directors, promoters, employees, agents and assigns), AMC, Trustee Company, Mutual Fund and its sponsors, their associates, and any person connected with it, from and against any and all actions, proceedings, claims and demands whatsoever for or on account of or in relation to any use/misuse of the KFinKart application by the User or any third party using the User's login credentials, and from and against any and all damages, costs, liabilities, charges and expenses in respect thereof.
The User agrees that any transaction/information that is entered through the Application with the provided login credentials, whether initiated by the User or not, shall be deemed to have originated from the User. The User shall be held liable for all such losses from unauthorized transactions in the User's folio through the Application.
The User hereby accepts that in case of any discrepancy or any error in the information in KFinKart, the User shall inform KFPL immediately. KFPL will endeavor to correct the error promptly wherever possible on a best error basis.
Payment Information: Although no method of transmission over the Internet or electronic storage is 100% secure, it is our policy to use third party payment processing systems that comply with such security standards prescribed under the applicable laws.
All information that you provide to us or our third party payment processor must be accurate, current and complete. The User should print or save this electronic receipt for your records.
The User represents and warrants that the User has the legal right to use any debit card(s) or other payment means used to initiate any transaction.
Governing Law and Dispute Resolutions: Terms and condition stated here shall be governed in all respect by the laws of India. KFPL considers itself and intended to be subject to the jurisdiction only of the Courts of Hyderabad, Telangana, India.
No Waiver: The rights and remedies available under theseTerms and Conditions may be exercised as often as necessary and are cumulative and not exclusive of rights or remedies provided by law. It may be waived only in writing. Delay in exercising or non-exercise of any such right or remedy does not constitute a waiver of that right or remedy, or any other right or remedy.
Severability: KFPL has taken every effort to ensure that theseTerms and Conditions adhere with the applicable laws. The invalidity or unenforceability of any part of theseTerms and Conditions shall not prejudice or affect the validity or enforceability of the remainder of theseTerms and Conditions.
Amendment to Terms and Conditions: KFPL reserves the right to change, modify, add, or remove portions of the terms and conditions at any time without prior notification to user(s). KFPL or any of its Directors, employees shall not be held responsible or liable for all or any actions by the investor/ prospective investor that may subsequently culminate into any loss, damage and or liability. If User decides to not adhere to the changes, User must stop using the Application. Your continuous use of the Application will signify your acceptance of the changed terms. Please check the terms and conditions periodically for changes.
Intellectual Property Rights: KFPL is the sole owner or lawful licensee of all the rights to the Application and its content. Application content means its design, layout, text, images, graphics, sound, video etc. All title, ownership and intellectual property rights in the Application and its content shall remain with KFPL. All trademarks, copyright, database rights and other IP rights of any nature in the Application along with the underlying software code are owned by KFPL.
Miscellaneous: In the event, any of the aforesaid terms and conditions shall be rendered/held to be unenforceable due to any regulatory changes, the remaining terms and conditions shall be unimpaired, and the unenforceable term or condition shall be replaced by such enforceable term or condition as may come closest to the intention underlying the unenforceable term or condition
Contact: If you require any information or clarification regarding theseTerms and Conditions, you can contact us at firstname.lastname@example.org or 1800-419-7744
Disclaimer: Your access and use of Karvymfs ("Application") is subject to the following terms and conditions and all applicable laws. By accessing and using the Application, you accept, without limitation or qualification, the above terms and conditions ("Terms and Conditions") and acknowledge that any other agreement between you and M/s Karvy FinTech Private Limited ("KPL") are superseded and of no force or effect