The complete legal, regulatory and grievance framework governing your use of merasif.com and your relationship with Trustner Asset Services Pvt. Ltd.
The information provided on www.merasif.com ("the Website") is for general informational and educational purposes only. It does not constitute financial advice, investment advice, tax advice, legal advice, or any solicitation to buy or sell any security or financial product. Visitors should consult qualified professionals before making any investment, tax, or legal decision.
While we make reasonable efforts to keep information current and accurate as of the date stated, regulatory frameworks, product features, fund details, performance data, and tax rules change frequently. The Website's operator does not warrant the accuracy, completeness, timeliness, or suitability of any information for any particular purpose.
Specialized Investment Funds (SIFs) are a SEBI-regulated category of investment scheme launched under the Mutual Funds Regulations 1996 (Chapter VI-C). They are different from conventional mutual fund schemes in three material ways:
Investors must read the Scheme Information Document (SID), Statement of Additional Information (SAI), and the standardised ISID disclosure of every SIF before subscribing. Past performance is not indicative of future returns. The category itself is approximately 14 months old as of May 2026 — track records are limited and have not yet been tested across a full market cycle.
Mutual Fund and SIF investments are subject to market risks. Read all scheme-related documents carefully before investing.
The NAV of mutual fund and SIF schemes may go up or down depending on the factors and forces affecting the securities markets, including fluctuations in interest rates, currency exchange rates, and broader macroeconomic conditions. Past performance of any scheme is not necessarily indicative of future performance.
There is no assurance or guarantee that the objectives of any scheme will be achieved. The portfolio of any scheme is subject to changes within the provisions of the Offer Document of the respective scheme.
Trustner Asset Services Pvt. Ltd. is an AMFI Registered Mutual Fund Distributor and SIF Distributor (ARN-286886) and an APMI Registered PMS Distributor.
We deal exclusively in Regular Plans of mutual funds and SIFs. We do not promote, sell, recommend, advise on, or distribute Direct Plans of any mutual fund or SIF.
We are remunerated through trail commissions disclosed by the AMC at the time of each transaction, in accordance with SEBI and AMFI norms. We are not remunerated directly by the investor. Our commission income is fully disclosed in every transaction confirmation issued by the AMC.
Investors who prefer Direct Plans should access them via the AMC's official website or via a SEBI Registered Investment Adviser (RIA). The Direct Plan typically has a lower expense ratio than the Regular Plan, with the difference broadly equal to the trail commission paid to the distributor under the Regular Plan.
Investors are advised to deal only with SEBI Registered Mutual Fund Distributors. You may verify our registration status at any time at www.amfiindia.com.
All investments referred to on this Website carry risk, including the possible loss of principal. Risks include but are not limited to:
SIF strategies that employ unhedged short positions carry additional derivative-related risks. Investors should evaluate their risk appetite, time horizon, and financial situation before investing.
Tax information presented on this Website (including on the Tax Advantages page) reflects the prevailing tax law in India as of May 2026. Tax law is subject to amendment by Parliament and judicial interpretation; classifications can change; surcharges and rebates can be modified.
Information presented is general guidance and does not constitute tax advice for your specific circumstances. Your individual tax outcome depends on factors including residency status, income slab and surcharge bracket, prior-year loss carry-forward, treaty benefits, holding-period structure, and changes during your holding period. Always consult a qualified Chartered Accountant or tax adviser regarding your situation before making investment decisions or filing returns.
Trustner Asset Services Pvt. Ltd. ("we", "us", "our") is committed to protecting the privacy of visitors to www.merasif.com.
We may share your information with: (a) AMCs and their RTAs (CAMS, KFin) for the limited purpose of facilitating your investment, with your consent; (b) regulators (SEBI, AMFI, IRDAI) to the extent required by law; (c) hosting and analytics service providers acting under confidentiality obligations.
You may request access, correction, or deletion of your personal information at any time by writing to wecare@trustner.in. You may withdraw consent for marketing communications via any unsubscribe link or by writing to us. Where applicable, you have rights under the Digital Personal Data Protection Act 2023 ("DPDP Act").
We retain your information for as long as required to fulfil the purpose for which it was collected, plus any period mandated by law (typically up to 8 years for transactional records under SEBI / AMFI rules).
We use SSL encryption for data in transit, restricted access to data at rest, and standard organisational and technical safeguards. No system is perfectly secure; you acknowledge this residual risk.
This Website uses minimal cookies necessary for performance and analytics. Specifically:
We do not use cookies to track you across other websites. You can disable cookies through your browser settings; some Website features may not work without them.
By accessing this Website, you agree to be bound by these Terms of Use. If you do not agree, please do not use the Website.
KYC (Know Your Customer) is a one-time exercise while dealing in securities markets. Once KYC is done through any SEBI-registered intermediary (broker, depository participant, mutual fund), you do not need to undergo the same process again when you approach another intermediary.
Investors are advised to verify their KYC status before any new SIF subscription via the CKYCRR / CVL KRA / NDML KRA / DotEx KRA portals or via the AMC's investor portal. Trustner's distribution desk can assist with KYC modifications, re-KYC, or first-time KYC.
All transactions are subject to applicable Anti-Money Laundering (AML) rules under the Prevention of Money Laundering Act 2002 and SEBI master circulars. Suspicious transactions are reported to the Financial Intelligence Unit – India (FIU-IND) per regulatory mandate.
Trustner is committed to resolving investor grievances promptly and transparently. The escalation framework is as follows:
Your assigned Trustner relationship manager is the first point of contact for any service or transaction issue. Most issues are resolved within 1–2 business days.
If unresolved, escalate to:
Email: grievance@trustner.in
Phone: +91 60039 03737 (Mon–Sat, 9 AM – 7 PM IST)
Postal: Grievance Officer, Trustner Asset Services Pvt. Ltd., Sethi Trust Building, Unit 2, 4th Floor, G S Road, Bhangagarh, Guwahati - 781005, Assam
We acknowledge grievances within 24 hours of receipt and resolve within 21 calendar days, in line with AMFI / SEBI norms.
For scheme-specific grievances (NAV, redemption, statement, transfer), each AMC publishes a dedicated grievance redressal mechanism in its Scheme Information Document. The AMC's RTA (CAMS / KFin) provides direct support.
If your grievance remains unresolved after engaging with us and/or the AMC, you may file a complaint with SEBI through the SCORES (SEBI Complaints Redress System) portal:
SCORES enables you to lodge complaints, track status, and receive resolution from the regulator's office.
For securities-market disputes, you may also use SEBI's online dispute resolution mechanism at https://smartodr.in.
Last updated: May 2026. We may update these disclosures from time to time to reflect changes in law, regulation, or our practices. Please check back periodically.