With effect from 14th July 2011, both Benchmark Asset Management Company Private Limited (BAMC) and Benchmark Trustee Company Private Limited (BTC) are a part of the Goldman Sachs group. Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, Goldman Sachs is one of the oldest and largest investment banking firms. The entire share capital of BAMC is held by Goldman Sachs Asset Management (India) Private Limited (the asset management company of Goldman Sachs Mutual Fund) and another Goldman Sachs group company, whereas the entire share capital of BTC is held by Goldman Sachs Trustee Company (India) Private Limited (the trustee company of Goldman Sachs Mutual Fund) and another Goldman Sachs group company.
 
 
Terms and Conditions of Use
Access to this Web Site ("Web Site") is provided by Goldman Sachs Asset Management (India) Private Limited ("GSAM"). GSAM is the investment manager of the Goldman Sachs Mutual Fund ("GSMF"). GSMF was registered with the Securities and Exchange Board of India ("SEBI") on August 26, 2008 under registration code MF- MF/058/08/03. GSMF in India has been set up as a trust by Goldman Sachs Asset Management L.P. (liability restricted to the seed corpus of INR 100,000) (the "Sponsor") with Goldman Sachs Trustee Company (India) Pvt. Ltd. as the Trustee (the "Trustee" under the Indian Trust Act 1882) and with GSAM as its investment manager. SEBI approved GSAM to act as the investment manager of GSMF pursuant to its letter bearing number IMD/AT/136521/2008, dated September 1, 2008. All references to GSAM hereinafter shall mean and include its affiliates, and their officers, directors, managing directors, partners, and employees.

The information provided on this Web Site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject GSAM or its affiliates to any registration requirement within such jurisdiction or country. It shall be the sole responsibility of foreign residents, including Non-Resident Indians, in jurisdictions outside India to verify whether the facility can be accessed and utilized in their respective jurisdictions. Any persons resident outside India who intend to make use of the material on this Web Site in any manner whatsoever, shall first satisfy themselves that they are not subject to any local requirements which restrict or prohibit them from so doing. Any persons resident outside India who choose to access this Web Site or intend to make use of the material on this Web Site in any manner whatsoever, shall first satisfy themselves that they are not subject to any local requirements which restrict or prohibit them from so doing. Any persons accessing this Web Site from locations outside of India do so at their own risk and initiative and they alone are responsible for compliance with all applicable laws.

This service has not been registered under any securities law of any foreign jurisdiction and is only for the information of any person in any jurisdiction where it may be lawful to offer such a service. Further, no information on this Web Site is to be construed as a representation with respect to mutual fund units, shares, securities or other investments or products regarding the legality of an investment therein under the respective applicable investment or similar laws or regulations of any person or entity accessing this Web Site.

Monitoring by GSAM : Your use of the products and services on this Web Site may be monitored by GSAM, and the resultant information may be used by GSAM for its internal business purposes or in accordance with the rules of any applicable regulatory or self-regulatory organization. Please refer to our Privacy and Security policy for more details in this respect.

Information Made Available Through this Service : You are permitted to store, display, analyze, modify, reformat, and print the information made available to you via these services only for your own use. You are not permitted to publish, transmit, or otherwise reproduce this information, in whole or in part, in any format to any third party without the express written consent of GS. In addition, you are not permitted to alter, obscure, or remove any copyright, trademark or any other notices that are provided to you in connection with the information available on the Web Site. GS reserves the right, at any time and from time to time, in the interests of its own editorial discretion and business judgment or where required under applicable law, to add, modify, or remove any of the information. These Terms and Conditions of Use are not intended to, and will not, transfer or grant any rights in or to the information other than those which are specifically described herein, and all rights not expressly granted herein are reserved by GS or the third party providers from whom GS has obtained the information. You are required to read and abide by any additional terms and conditions that may be posted on this service from time to time concerning information obtained from specific third party providers. Such third party providers shall have no liability to you for monetary damages on account of the information provided to you via this service.

No warranties made as to content; no responsibilities to update; GSAM makes no warranty, express or implied, concerning this service. The services provided by us and our third party providers are on an "AS IS" basis at your sole risk. GSAM expressly disclaims including but not limited to any implied warranty of merchantability or fitness for a particular purpose, warranty for the use or results of the use of the services with respect to their correctness, quality, accuracy, completeness, reliability, performance, timeliness, or continued availability and changes may be made with respect to the same from time to time and the user is required to check the accuracy of the same. Subject to compliance with requirements of applicable law, neither GSAM nor any of its third party service providers shall have any responsibility to update or maintain the data and services made available on this Web Site or to supply any corrections, updates, or releases in connection therewith.

Although the material available on this Web Site is based upon information that GSAM considers reliable and endeavors to keep current, GSAM has not verified this information and does not represent that this material is accurate, current, or complete and it should not be relied upon as such. Neither GSAM nor any of its directors, employees, agents, advisors or any expert used by it for providing the content for this Web Site or the advice made available on the Web Site shall in any circumstance be liable for any loss or damage caused by a user's reliance on such information or advise.

No liability as to any data or service provided in the Web Site : GSAM reserves the right to add, amend, revise suspend or cancel in whole or in part any of the data or services being provided on this Web Site, without any prior notice to the users. Any addition, suspension, revision, amendment, cancellation or suspension shall be effective and binding on the users.

No liability for content; no liability arising from use : GSAM shall have no liability, contingent or otherwise, to you or to third parties, or any responsibility whatsoever, for the failure of any connection or communication service to provide or maintain your access to this service, or for any interruption or disruption of such access or any erroneous communication between GSAM and you, regardless of whether the connection or communication service is provided by GSAM or a third party service provider. GSAM shall have no liability, contingent or otherwise, to you or to third parties, for the correctness, quality, accuracy, timeliness, reliability, performance, continued availability, completeness or delays, omissions, or interruptions in the delivery of the data and services available on this Web Site or for any other aspect of the performance of this service or for any failure or delay in the execution of any transactions through this service. In no event will GSAM be liable for any special, indirect, incidental, or consequential damages which may be incurred or experienced on account of you using the data or services made available on this Web Site, even if GSAM has been advised of the possibility of such damages. GSAM will have no responsibility to inform you of any difficulties experienced by GSAM or third parties with respect to the use of the services or to take any action in connection therewith.

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System Failure, Outages, Slowdowns, and Capacity Limitations/Delays in Order Routing, Executions, and Trade Reports : As a result of high Internet traffic, transmission problems, systems capacity limitations, and other problems, you may, at times, experience difficulty accessing the Web Site or communicating with GSAM through the Internet or other electronic and wireless services. Any computer system or other electronic device, whether, it is yours, an Internet service provider's or GS' can experience unanticipated outages or slowdowns, or have capacity limitations. GSAM may experience unanticipated outages or slowdowns, or have capacity limitations. Neither GSAM nor any of its personnel would be responsible to you or any third party for any inaccuracy, errors or omissions in the data or delay in alteration or removal of stale data, for any reason whatsoever including by reason of failure of operational systems for reasons including but not limited to virus attacks, natural calamity, floods, fire and other natural disasters, legal restraints, faults in the telecommunication network or network failure, software or hardware error, internet traffic, transmission problems, systems capacity limitations, and other problems or any other reason beyond their control. Under no circumstances shall GSAM or any of its personnel be liable for any damages whatsoever, to the user, whether such damages are direct, indirect, incidental, consequential and irrespective of whether any claim is based on loss of revenue, investment, production, goodwill, profit, interruption of business or any other loss of any character or nature whatsoever and whether sustained by the user, for inaccuracy, errors or omissions in the data or delay in alteration or removal of stale data. Further, GSAM will not be responsible for non-availability or any delay or error in the data furnished due to the corresponding non-availability, delay or error in the receipt of the updates on live quotes from the concerned Stock Exchanges. GSAM will have no responsibility to inform you of any difficulties experienced by GSAM or third parties with respect to the use of the services or to take any action in connection therewith.

Content not to be construed as a solicitation or recommendation : This material has been prepared for informational purposes only without regard to any particular user's investment objectives, financial situation, or means, and GSAM is not soliciting any action based upon it. This material is not to be construed as a recommendation; or an offer to buy or sell; or a comment on the merits of engaging in any investment transaction or activity or an inducement to do so; or as creating any privity of contract between GSAM and any person availing of, or acting upon, any information available on this Web Site; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any particular trading strategy in any jurisdiction in which such an offer or solicitation, or trading strategy would be illegal. GSAM does not take any responsibility either for the financial soundness of any scheme or products or for the correctness of statement made or opinion expressed in the data or content furnished by GSAM. Further, GSAM does not guarantee any returns on investments made in the products by users. Certain transactions, including those involving futures, options, and high-yield securities, give rise to substantial risk and are not suitable for all investors. The users are advised to read the Statement of Additional Information, the Scheme Information Documenst and other documents available on the Web Site for the risk factors, including scheme or product specific risk and information regarding investments in each of the schemes or products before investing. If a user is unsure about the meaning of any information provided, he should consult his/her financial advisor. For taking an investment decision, investors must rely on their own examination of the issuer and offer, including risk involved.

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No representations made as to other sites or links : This service may provide links to certain Internet sites ("Sites") sponsored and maintained by third parties. GSAM is providing such links solely as a convenience to you. Accordingly, GSAM makes no representations concerning the content of the Sites. The fact that GSAM has provided a link to a Site does not constitute an endorsement, authorization, sponsorship, or affiliation by GSAM with respect to the Site, its owners, or its providers. GSAM has not tested any information, software, or products found on any of the Sites and therefore does not make any representations with respect thereto, including any representations regarding the content or sponsors of the Site, or the suitability or appropriateness of the products or transactions described therein.

GSAM is not liable to the user for any content viewed by the user through a link, which may be provided from this Web Site. GSAM is not liable for any loss or damage caused by any delays, inaccuracy, errors or omissions in the content of any link, whether actual, alleged, consequential or punitive. GSAM is not liable for any content displayed on the linked Site, not furnished or provided to it by any third party including, without limitation, the accuracy, subject matter, quality or timeliness of such content. It is the responsibility of the user to take precautions to ensure that whatever is selected for use is free of such items as viruses and other items of a destructive nature

This agreement is governed by the laws of India. Use of this Web Site is unauthorized in any jurisdiction that does not give effect to all provisions of these terms and conditions, including without limitation this paragraph. If any part of this agreement is determined to be invalid or unenforceable pursuant to applicable law including, but not limited to the warranty disclaimers and liability limitations set forth above, then the invalid or unenforceable provision will be deemed superseded by a valid, enforceable provision that most closely matches the intent of the original provision and the remainder of the agreement shall continue in effect.

Issued by Goldman Sachs Asset Management Company India Private Limited, an asset management company registered with the Securities and Exchange Board of India.

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