Corporate Governance

The Audit Committee has been constituted in accordance with the Section 177 of the Companies Act, 2013. The terms of reference of the Audit Committee conform to the requirements of Section 177 of the Companies Act, 2013. These include review of financial statements, recommendation for appointment of statutory and internal auditors, review and monitoring of auditors’ independence and effectiveness of audit process, approval or modification of transactions with related parties, evaluation of internal financial controls, review of internal audit report, oversight of Company’s financial reporting process, compliance with applicable accounting standards and review of adequacy of internal control systems and processes.

Composition:

The Nomination and Remuneration Committee has been constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 (“Act”). The terms of reference of the Nomination and Remuneration Committee are in conformity with the requirements prescribed under Section 178 of the Act and include, inter alia, formulation of criteria for determining the qualifications, positive attributes and independence of Directors; identification of persons who are qualified to be appointed as Directors, Key Managerial Personnel (“KMP”) and Senior Management personnel in accordance with the criteria laid down in the Nomination and Remuneration Policy; making recommendations to the Board regarding the appointment and removal of Directors, KMPs and Senior Management personnel; carrying out performance evaluation of the Directors; and assisting the Board in ensuring that appropriate plans are in place for orderly succession to the Board, KMP and Senior Management positions.

Composition:

The Risk Management Committee has been constituted in accordance with the SEBI (Mutual Funds) Regulations, 2026 and the SEBI Master Circular for Mutual Funds dated March 20, 2026. The purpose of the Risk Management Committee is to assist the Board in effectively discharging its responsibilities relating to risk management, internal controls and compliance with the guidelines and circulars issued by SEBI. The terms of reference of the Risk Management Committee include, inter alia, overseeing the adoption and implementation of an appropriate Risk Management Policy and related procedures, and reviewing the status and effectiveness of various measures implemented by the Company, with particular reference to fund management, operations, customer service, marketing and distribution, and business risks.

Composition:

The Unit Holder Protection Committee (“UHPC”) has been constituted in accordance with the Regulation 22(8)(d)(i) of the SEBI (Mutual Funds) Regulations, 2026, read with the applicable provisions of the SEBI Master Circular for Mutual Funds and the framework prescribed by SEBI for the constitution, functioning and responsibilities of the UHPC.

The mandate of the UHPC, inter alia, encompasses protection of the interests of unit holders in relation to the products and services offered by the AMC; review of matters relating to unit holder complaints and grievance redressal; oversight of measures relating to investor protection and awareness; review of practices concerning investments, sales, marketing and advertisements; monitoring of conflicts of interest; and review of compliance with the applicable regulatory framework and processes governing the Mutual Fund business.

The UHPC is responsible for reviewing matters having a bearing on the interests of unit holders and for making appropriate recommendations to the Board of Directors of the AMC. The Committee also oversees the implementation of measures relating to unit holder protection and periodically reviews the effectiveness of such measures.

Composition:

The Company has voluntarily constituted a Board-level Investment Committee to assist the Board in overseeing matters relating to investments undertaken by the Company. The Committee considers and approves investment proposals submitted by the Treasury Department from time to time, in accordance with the Investment Policy approved by the Board and subject to the applicable limits, risk parameters and internal controls prescribed thereunder.

Composition:

The Finance Committee has been constituted on a voluntary basis to assist the Board and the Company in matters relating to the day-to-day operations and financial affairs of the Company. The Committee discharges such roles and responsibilities as may be delegated by the Board or prescribed under applicable law from time to time, and shall periodically update the Board on the decisions taken by it.

Composition: