At Quant Mutual Fund (“the Fund”) / Quant Money Managers Limited (“AMC”, “we” “us”
“our”, etc.) / Quant Capital Trustee Limited (“Trustee Company”), we recognize the
importance of securing the Personal Information (as defined below) we collect about
our investors/clients and website users (“you”, “your” etc.). We understand that
you are concerned about the privacy and security of your Personal Information. AMC
has established policies and procedures concerning the handling and dealing of your
Personal Information which will help protect your privacy. This Privacy Policy (as
amended from time to time) describes how we handle and deal with Personal Information
that we may collect and retain (“Privacy Policy”). This Privacy Policy applies to
all Personal Information collected and received, on http://www.quant-mutual.com
website (“Site”) and all Personal Information collected and received by us vide
the physical scheme application form or any transactional document etc. Please note
that Personal Information collected by us in the physical form and through the Site
may be converted and stored in an electronic form at our sole discretion for the
purposes as mentioned hereinunder. This Privacy Policy shall be read with and subject
to the Disclaimer notified on the Site.
We use the Personal Information collected about you only as permitted in this Privacy
Policy. However please note that you are no longer covered by terms of this Privacy
Policy, if you access other websites using links from our Site.
By entering this Site and providing information to us when subscribing, sending
inquiries, you expressly agree to this Privacy Policy. By entering this Site, you
will be treated as having given your consent for the processing of your Personal
Information as set out in this Privacy Policy.
Personal Information
The personal information which we collect about you may include information that
is of a confidential nature (all such information being "Personal Information").
Personal Information shall mean and include any information that relates to a natural
person, which, either directly or indirectly, is capable of identifying you. The
type of Personal Information collected from you and covered within this Privacy
Policy may include your full name, address, telephone number, e-mail address and
any other information as defined in Rule 3 of the Information Technology (Reasonable
security practices and procedures and sensitive personal data or information) Rules,
2011, as may be required by us from time to time in order to provide services to
you. You will have the right to approach us and modify your Personal Information
with us.
Collection of Personal Information
We may collect/ receive your Personal Information from several sources. You may
provide Personal Information as part of the application or enrollment process (whether
in writing or electronically). Additionally, we may obtain Personal Information
about you from third parties. Also, we obtain Personal Information about you through
call recordings at our call centers, Internet technology, including our Site. You
agree and understand that your Personal Information shall be collected, processed,
stored and used by us, and passed to, transmitted to and processed by our subsidiaries
and/or affiliates and other data processors, agents or service providers acting
under a contract with us for the purposes identified in this Privacy Policy.
Security Standards and measures
We adopt reasonable security practices and procedures and will protect your Personal
Information by reasonable security safeguards appropriate to the sensitivity of
the Personal Information, consistent with generally accepted standards of commercial
business practice, which includes, technical, operational, managerial and physical
security controls in order to protect your Personal Information from unauthorized
access, or disclosure while it is under our control. You agree and understand that
when we use trusted third parties to act on our behalf for performing certain functions
such as processing transactions, issuing account statements, payment gateway services,
customer services etc., contractual or other means are used to ensure reasonable
security safeguards appropriate to the sensitivity of the Personal Information,
consistent with generally accepted standards of commercial business practice. Any
account statement containing financial information pertaining to the investor, if
it is to be sent over the internet to such investor, distributors or any other entity
as indicated above will be sent only through a secure means and/or through encrypted
electronic mail.
Use and disclosure of Personal Information
You expressly agree and understand the following:
1. We may use your Personal Information for the purposes of providing you with the
services to which you subscribe and any service-related activities such as processing
instructions, responding to service requests, resolve any grievances etc. The same
may also be used to contact you whenever required and also to seek your feedback
in relation to the offered services.
2. Your contact information (emails, postal address, phone numbers etc.) may be
used by us to send periodic information (through emails, posts, SMSs, couriers,
telephone etc.) on the services or upcoming events or announcements.
3. We may use your Personal Information to generate statistics and aggregate reports
for internal use and for sharing with affiliates, subsidiaries, intermediaries,
successors, vendors, service providers and advertisers. These statistics and aggregate
reports will not contain any Personal Information that could identify you personally.
You agree and understand that we may also disclose your Personal Information in
order to: Comply with any statutory or legal requirement or process; Protect and
defend the Fund, AMC, Trustee company, Trustees, their directors, officers, employees
or affiliates’ rights, interests or property; Enforce our legal rights or provisions
of offer documents of Schemes of the Fund / Portfolio Management Services / any
other facilities / services offered
Sharing of Personal Information with third parties
To the extent required or permitted under law, we may share your Personal Information
for the uses mentioned herein with the following third parties: Registrar and transfer
agent/s, call centers, Banks, custodians, depositories and / or authorized external
third parties who are involved in transaction processing, dispatches, etc., of investors’
investment with us; Distributors or Sub-brokers through whom applications of investors
are received for the investments; or Any other organization for verifying the identity
of investors for complying with anti-money laundering requirements; Any Regulatory
bodies including but not limited to the Reserve Bank of India or the Securities
and Exchange Board of India. We may share your investment account and transaction
details and other Personal Information with the intermediaries, whose ARN stamp
appears on the application forms / transaction slips. We may share certain Personal
Information with third parties such as post office, local and international couriers
and other intermediaries for correspondence with the investor and for making payments
to the investor by cheques, drafts, warrants, through Electronic Clearing Services
(ECS), NEFT etc. Personal Information will not be transferred to the aforesaid third
parties, unless reasonable and appropriate steps have been taken to maintain the
required level of data protection. Personal Information shall be communicated to
third persons only for reasons consistent with the purposes for which the data were
originally collected or other purposes authorized by law.
Direct Marketing
We will not use or share, any Personal Information collected on this Site or in
the physical scheme application form etc. with a third party for their direct marketing
purposes without your express permission. However, we or our service providers may
use the Personal Information such as your e-mail address, for direct marketing of
our schemes / services / facilities. Information Incidental to Website, Email and
Electronic Communications: IP addresses, browser-supplied information and site session
information (for example, the sequence of pages visited during a visit to the Service,
the average time spent, information searched for, access times) may be recorded
as part of the normal operation of the service for purposes of usage analysis and
security monitoring. The amount of information recorded depends on the settings
you have on your web browser; please refer to your browser if you want to learn
about what information it sends. Tracking cookies (both session and persistent)
may be used to implement certain features. This will cause your browser to save
certain information about your activities. Most browsers can disable tracking cookies
at the user's option, but this may limit your use of certain services. Cookies,
ensures that you do not need to re-enter your details every time you visit it. You
can erase or choose to block this information from your computer if you want to.
All such incidental information will be used only to assist us in providing an effective
service on this Site. We may from time to time supply this information to the owners
or operators of third party websites from which it is possible to link to our Site
with information relating to the number of users linking to our Site from such third
party websites. You will not be identified from this information.
Retention of Personal Information
We may retain your Personal Information for as long as required to provide you with
services, or otherwise if required under any law. Breach of Internet Security Despite
our best efforts, if unauthorized persons breach our security control measures resulting
in the Site being hacked or presenting inaccurate information etc., the Fund, AMC,
Trustee Company, their directors, officers, employees or affiliates’ will not be
responsible. Grievance Redressal Any grievances relating to your Personal Information
may be addressed to our Client Service Department at the email address given below:
Email: support.mf@quant.in