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Nippon Life India Asset Management Company (AMC) has announced that pursuant to SEBI’s letter no. SEBI/HO/OW/IMD-II/DOF3/P/25095 /2022 dated June 17, 2022 and AMFI’s communication dated June 20, 2022 and June 21, 2022, AMCs were allowed to resume subscriptions in Mutual Fund schemes investing in overseas securities and make investments in overseas funds /securities up to the headroom available without breaching the overseas investment limits as of EOD of February 1, 2022 at the Mutual Fund level. Accordingly, subscription was resumed in certain NIMF schemes investing in overseas securities with effective from June 22, 2022 as mentioned in Notice cum Addendum No. 23 dated June 20, 2022. However, post the resumption of the subscription in certain NIMF schemes investing in overseas securities, there has been substantial utilization of available overseas investment limit. Therefore, with a view to avoid breach of the overseas investment limit as of EOD of February 1, 2022, Nippon Life India AMC has proposed to suspend lump sum subscription, switch-ins and fresh registration of SIP/STP or such other special product under the following NIMF schemes, with effective from June 29, 2022: Nippon India US Equity Opportunities Fund; Nippon India Japan Equity Fund; Nippon India Taiwan Equity Fund; Nippon India Multi Asset Fund; Nippon India ETF Hang Seng BeES.

All other features, terms and conditions pertaining to the above-mentioned schemes shall remain unchanged. This addendum forms an integral part of Scheme Information Document and Key Information Memorandum of the above mentioned Scheme(s) of NIMF and all the other terms and conditions of the aforesaid document read with the addenda issued from time to time will remain unchanged.