The funds mentioned herein are not being offered for sale or subscription but are being privately placed with a limited number of high net worth individuals, corporates, banks, financial institutions, social venture funds, foundations, societies, co-operative societies and such other persons who are permitted to invest under the regulations. The funds are prohibited from making an invitation to the public to subscribe to their units. The units cannot be subscribed by such persons, corporations or entities which cannot acquire or hold the units without violating applicable laws or regulations applicable to them or who might expose the funds or its contributors to adverse tax or regulatory consequences.

The funds have not been and will not be registered under the US Securities Act, 1933 or the securities laws of any state of the United States. The funds may not be offered, sold or delivered directly or indirectly in the United States or to or for the account or benefit of any “U.S. Person” as defined in regulations under the US Securities Act except pursuant to an exemption from or in a transaction not subject to registration under the US Securities Act and applicable state laws. The funds are being offered outside the United States pursuant to the exemption from registration under regulations under the US Securities Act. The funds will not be registered under the US Investment Company Act, 1940. Investors are obliged to notify the investment manager immediately if they become U.S. Persons or otherwise hold units that might result in the respective fund incurring any liability to taxation or suffering pecuniary disadvantages that the fund might not otherwise incur or suffer. The investment manager reserves the right to terminate the investment in fund or forfeit investments in fund or compulsorily redeem/repurchase units beneficially owned by any investor in these circumstances.

Unless required under the applicable law, the investment manager will not be registered/regulated and/or approved by the Securities And Exchange Board of India or any other legal or regulatory authority in India. The terms of the material fund documents will always be subject to applicable laws and requisite changes will be carried out to be in compliance with applicable laws from time to time.

It may expressly be noted that the information contained herein does not constitute an offer to sell or a solicitation of an offer to buy the units of the funds described herein.

Neither the fund(s), the investment manager, the trustee nor any of their respective affiliates or representatives make any express or implied representation or warranty as to the adequacy or completeness or contents of this website and the information herein, or, in the case of projections, as to their attainability or the accuracy or completeness of the assumptions from which they are derived, and it is expected that each prospective investor will pursue its own independent due diligence. In particular, without limitation to the generality of the foregoing, neither the fund(s) (represented by the trustee), the trustee, the investment manager nor any of their respective affiliates or representatives assume any responsibility for the accuracy of the statistical data and other factual statements concerning India and its economy contained in this website which have been obtained from publicly available documents or other sources considered reliable but which have not been prepared or independently verified by the fund(s), the trustee, the investment manager or any of their respective affiliates or representatives or their respective advisors. Certain information contained in this website constitutes “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “target,” “project,” “estimate,” “intend,” “continue” or “believe,” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results or the actual performance of the fund(s) may differ materially from those reflected or contemplated in such forward-looking statements.

In making an investment decision, investors must rely on their own examination of the funds and the terms of the offering, including the merits and risks involved. These securities have not been recommended by any regulatory/statutory authority.