Services for the purposes of this Policy shall mean enabling online transactions in schemes of Navi Mutual Fund through the App
We have appointed a grievance officer. Our data grievance officer is: Mr. Devansh Jain , accessible via email at: [email protected] . You can contact the officer confidentially by email to enquire about the treatment of your data by us or Navi AMC.
By using the App, you consent to providing Us and Navi AMC us and Navi AMC data in the ways listed in this Policy. We collect data from you for the purposes of complying with applicable law and to ensure that we can provide you Services in the best manner possible. Data collected may include name, title, company, address, phone number, email address, bank details, income details, your photograph, your verification video, proof of address(voter id, passport, driving license, aadhar card) and other relevant data. We also collect other information such as the questions or comments submitted by you.
We collect and use the data collected for the following purposes:
We are very protective about your data. We may enter into data-sharing agreements or disclose the collected data in order to provide the Services and new product offerings to you. We have detailed the manner in which we and Navi AMC share the collected data below.
|S. No.||Person Shared With||Purpose for Sharing|
|i.||Sharing with third parties|
Service Providers: We work with third party service providers to execute various functionalities of the App and we may share your information with such service providers to help us provide the App. Some of these functionalities may include:
Third Party Services: The App may allow you to connect with other websites, products, or services that we don’t have control over (for example, if we allow you to pay through an external wallet facility then we will have to share your usage information with the facility provider). However, usage of such third-party services is subject to their privacy policies and not within our control. We recommend that you have a look at their privacy policies before agreeing to use their services.
Affiliates and Group Companies: Subject to applicable law, we may share any data we have collected or collect from you with our affiliates and group companies for product research and development, marketing outreach and advertising relevant products to you, and to tailor the products for your benefit.
|ii.||Sharing with law enforcement when needed||If any governmental authority or law enforcement officers request or require any information and we think disclosure is required or appropriate in order to comply with laws, regulations, or a legal process.|
It is important for us that you remain in control of your data. Please write to us at [email protected] if you wish to exercise any of your rights under the Policy. You shall have the following rights:
|S. No.||Your Right||Details|
|i.||Right to rectification||In the event that any personal data provided by you is inaccurate, incomplete or outdated then you shall have the right to provide us with the accurate, complete and up to date data and have us rectify such data at our end immediately. We urge you to ensure that you always provide us with accurate and correct information/data to ensure your use of our Services is uninterrupted.|
|ii.||Right to withdraw consent||You have the right to withdraw your consent to this policy by uninstalling the App. However, if you have availed any products from Us, we shall have the right continue processing your information till such investments are in existence, along with any dues payable.|
|iii.||Right to opt-out|
Marketing opt-outs: We may email and notify you from time to time about our or our affiliates’ and groups’ latest offerings and updates. You may opt out of receiving such promotional emails from us by writing to us. You may also opt out of receiving emails and other messages from us by following the unsubscribe instructions in those messages. However, even if you have opted out of receiving information from us, we will still send non-promotional communications in relation to the Services.
Push Notifications: You can opt out of receiving push notifications through your device settings. Please note that opting out of receiving push notifications may impact your use of the App.
We use requisite technical and organizational security measures to ensure a level of protection for personal data appropriate to the nature, scope and purpose of processing personal data, the risks associated with such processing, and the likelihood and severity of the harm that may result from such processing. The transfer of personal data between your end device and us is generally carried out via best-in-class encryption protocols. If you communicate with us by e-mail, access by third parties cannot be ruled out. In the case of confidential information, we recommend using the mail, i.e., post or encrypted e-mail communication (PGP). Internet security is a very dynamic issue. Hence, in cases where there is unauthorised access to or loss of data from the App due to "cyber vandals", viruses or other technical breakdowns resulting in the App being de-faced, presenting incorrect or inaccurate information, or experiencing downtime, we and/or Navi AMC will not be responsible.
By setting up an account on the App, you agree to our and Navi AMC’s processing, storage, usage, and sharing of the data provided by you pursuant to this Policy. If you do not agree with any of the terms of this Policy or the Terms or wish to revoke any consent you have provided to us and/or Navi AMC, please write to us at [email protected] However, please note that if you revoke any mandatory permissions or revoke the consent to process and store information such as your Navi Account data, KYC Information and/or any other information needed to facilitate your investments, then we may have to cease the provision of Services to you.
Registered Office: “Peerless Mansion”, 3rd Floor, 1, Chowringhee Square, Kolkata- 700069
Tel No: +91 33 4018 5000
7thFloor, Wing B, Prestige RMZ Startech, No. 139, 2, Hosur Rd, Koramangala Industrial Layout, S.G. Palya, Bengaluru- 560095
Toll Free: 1800 103 8999
Non Toll Free. 080 45113444,
Email: [email protected]
We shall retain the information you provide to facilitate your smooth and uninterrupted use of the App, and (i) to provide, improve and personalize our Services; (ii) to contact you about your account and give customer service; (iii) to personalize our advertising and marketing communications; and (iv) to prevent, detect, mitigate, and investigate fraudulent or illegal activities. We do not retain your personal data for longer than required for the purpose for which the information may be lawfully used. For any other information, we may entertain your request for deletion, however, you may not be able to use our Services at all after such deletion.
Our Services are not directed to children, and we do not knowingly solicit or collect personal information from persons under the age of 18 (eighteen). If we find out that a child has given us personal information, we will take steps to delete that information and terminate the relevant Navi Account.
We may from time to time contact you via calls, SMS, emails, and other communication channels to provide you with information pertaining to our Services, notifications on updates vis-à-vis our Services (when we consider it necessary to do so), educational information and promotions. We may also notify you if we need to temporarily suspend the App for maintenance, and keep you informed on security, privacy, or administrative-related communications. By setting up an account on Navi, you consent to us contacting you via call, SMS, Whatsapp push notifications, or through any other communication channel, as we may deem fit.
We may occasionally update this Policy. Use of our Services after an update constitutes consent to the updated notice to the extent permitted by law. Please take the time to periodically review this Policy for the latest information on our privacy practices.
The Navi Mutual Fund App is made available by Navi Technologies Private Limited (“our”, “us”, “we”, “Company”), having its registered office at 3rd Floor, Salarpuria Business Center, 93, 5th A Block, Koramangala Ind Layout, Bengaluru – 560 095, Karnataka, India, through which Navi AMC Limited (formerly known as Essel Finance AMC Limited) shall provide the Services to you to enable mobile based transactions in schemes of Navi Mutual Fund ("Mobile App") .
This page sets forth the terms and conditions ("Terms") applicable to the access and use of the Mobile App, for every person who download the Mobile App (hereinafter referred to as "User" or"they" or"their" or"you" or"your" ), and shall be applicable to all folios, which are existing or may be created at any time in future. You are requested to read these Terms carefully before you start using the Mobile App. By using the Mobile App you indicate that you have read, understood and accepted these Terms and have agreed to abide by the same without any limitation or qualification.
These Terms may be amended or modified at any time and for such reason as Navi AMC Limited deems fit and proper including but not limited to comply with changes in laws and/or regulations, to correct inaccuracies, omissions, errors or ambiguities, reflect changes in the scope and nature of the services or based on User requirements
Navi AMC Limited may, at its sole discretion, suspend / disallow / modify / restrict all or any of the facilities offered under the Mobile App or deny access to the Mobile App to any specific User at any time and for such time period and for such reasons as it deems fit, including on account of inactive/dormant User ID, non compliance of the Terms, death, insolvency, or bankruptcy of the User, any restriction imposed by any legal/judicial/regulatory authority, or for any other cause arising out of the law/regulation or for such other reasons as we may deem fit.
Navi AMC Limited shall be entitled to withdraw or terminate all or any facilities offered under the Mobile App without assigning any reason whatsoever, without any prior notice to the User. We shall not be liable for any loss or damage that may be sustained by any User on account of such suspension / withdrawal / termination by Navi AMC Limited.
Your use of the Mobile App shall be at your sole risk. The Mobile App has been provided on an “as is” and “as available” basis. Except as explicitly warranted in these Terms, we make no express or implied warranty with respect to the services/facilities provided on the Mobile App, including, without limitations, any warranties of uninterrupted/error free performance of the Mobile App, that any identified defects will be corrected, that the Mobile App is free from viruses or other malicious, destructive or corrupting code, non-infringement of third party rights, title, merchantability, data accuracy and completeness, satisfactory quality and/or fitness for a particular purpose.
The facilities offered on the Mobile App shall not constitute an offer to buy or sell or a solicitation to any person in any jurisdiction where it is unlawful to make such offer or solicitation.
Whilst every reasonable precaution has been taken to ensure the accuracy, security and confidentiality of data and information on the Mobile App, there cannot be any guarantee from internet frauds, hacking and other similar actions.
The Mobile App is controlled and operated by us from our offices in India. We make no representation that the Mobile App or the facilities offered on the Mobile App are appropriate or available for use in other locations or territories where their contents are unlawful and is prohibited. If you choose to access the Mobile App from locations other than India, you shall do so on your own initiative and you would be responsible for compliance with applicable local laws and regulations of such location/territory.
Navi AMC Limited shall not be liable for any damages or losses sustained by the User (direct and/or indirect) whatsoever, due to disruption or non-availability of the services/facility(s) under the Mobile App due to technical fault/error or any failure or failure in telecommunication network or any error in any software or hardware systems. br Navi AMC Limited / Navi Mutual Fund shall not be liable for any unauthorised transactions occurring through the Mobile App and the User hereby fully indemnifies and holds Navi AMC Limited / Navi Mutual Fund harmless against any action, suit, proceeding initiated against it or any loss, cost or damage incurred by it as a result thereof. Navi AMC Limited / Navi Mutual Fund shall under no circumstance be held liable to the User if the Mobile App or all or any part of the facilities on the Mobile App is not available in the desired manner for reasons including but not limited to legal restraints, faults in the telecommunication network or network failure, or any other force majeure events (such as flood, extraordinary weather condition, earthquake or other act of God, fire, war, insurrection, riot, labour dispute, accident, action of government, communications, power failure, equipment or software malfunction)or any other reason beyond the control of Navi AMC Limited / Navi Mutual Fund. Under no circumstances shall Navi AMC Limited / Navi Mutual Fund be liable for any damages whatsoever whether such damages are direct, indirect, incidental consequential and irrespective of whether any claim is based on loss of revenue, interruption of business or any loss of any character or nature whatsoever and whether sustained by the User or by any other person.
The headings are used for convenience and ease of reference only and shall not affect the construction or interpretation of any provisions of these Terms;
The words, you, your, and User refer to the person(s) who access the Mobile App and shall include both singular and plural. Reference to masculine shall include the feminine and neuter gender.
Words and expressions used but not defined herein shall have the same meanings assigned to them in such Scheme Related Documents
In case of any conflict between the provisions of these Terms and the provisions of the Scheme Related Documents, the provisions of the Scheme Related Documents shall prevail;
Navi Mutual Fund has been set up as a trust and is sponsored by Anmol Como Broking Private Limited (liability restricted to Rs. 1 lakh) with Navi Trustee Limited (Trustee under the Indian Trusts Act, 1882) as the Trustee and with Navi AMC Limited as the Investment Manager.
The word Navi MF appearing hereinafter shall mean "Navi Mutual Fund". All information in this App is provided on an "as is" basis, and without guarantees or warranties of any kind, express or implied. Furthermore, any ideas / information provided or gained from the App would not necessarily reflect the views of the Company, Navi AMC and/or Navi MF or any of its associates or subsidiaries or its directors or employees. The material / information available or obtained through this App is/are not guaranteed or warranted in terms of completeness, correctness, accuracy, reliability or otherwise howsoever by Navi MF. The information obtained at /or through this App is not and should not be construed as an offer document.
All mutual funds and securities investments are subject to market risks, and there can be no assurance that the objectives of the schemes will be achieved. The NAV of the schemes may go up or down depending upon the factors and forces affecting the securities market. Investment in mutual fund units involves investment risks such as trading volumes, settlement risk, liquidity risk, default risk including the possible loss of principal. As the price/value/interest rates of the securities in which the schemes invest fluctuate, the value of your investment in the schemes may go up or down. The schemes do not offer any guaranteed or assured returns. The Sponsor is not responsible or liable for any loss resulting from the operation of the schemes beyond the initial contribution of Rs 1,00,000/- made by it towards setting up the Mutual Fund. Past performance of the Sponsor and its affiliate do not indicate future performance of the Mutual Fund or any of its schemes. The names of the schemes do not indicate either the quality of the schemes nor their future prospects or returns. Please refer to the scheme information document(s) for details on scheme specific risk factors.