Financial products, instruments and investments are subject to market risks and returns / yields / liquidity from these may vary depending on different factors that affect financial markets. There is no assurance or guarantee that the objectives of the Fund will be achieved. Investors are not being offered any guaranteed or assured returns. Past performance of the financial products, instruments, particular investments, portfolios and the Portfolio Manager / its affiliates and group entities do not necessarily indicate the future prospects and performance. The name of the Fund does not in any manner indicate either the quality of the products or their future prospects and returns.

Certain market related disclosures are only estimates and could be materially different from what actually occurs in the future. As a result, actual future gains or losses could materially differ from those that have been estimated. Recipients of this document shall be fully responsible/are liable for any decision taken on the basis of this material. All recipients of this material should before dealing and / or transacting in any of the products referred to in the material make their own investigation, seek appropriate professional advice including advice from their tax consultants. The investments discussed in various communications may not be suitable for all investors and persons subscribing to or investing in any product/financial instruments should do so on the basis of and after verifying the terms attached to such product/financial instrument, including assessing the risk applicable to such products/ investments. The Trustees (including its affiliates and group entities) , the Investment Manager (including its affiliates and group entities) and any of their officers, directors, personnel and employees, shall not be liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of this material in any manner.