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Morningstar Investment Adviser does not project/assure/guarantee any returns on the recommended portfolios or the mutual fund schemes. The recommended portfolio may not be accurate, or yield desired results, if the information provided by the client to Morningstar Investment Adviser or by the investor to the client is incorrect, or if any of the assumptions are impacted due to factors beyond the control of Morningstar Investment Adviser, such as change in Government policies, interest rates, taxation, political, economic or other such developments; and increased volatility in the stock and/or bond markets. Investors are expected to exercise independent judgment while making any investment decision based on the Information, and will be responsible for any action taken. Before making any investment decision, investors should read all scheme related documents, including the detailed risk factors. The Information may not be construed as a representation regarding the legality of investing in the mutual fund schemes, under the applicable laws or regulations of investors. Morningstar Investment Adviser, its affiliates, and its officers, directors and employees are not liable/do not take any responsibility for (i) any trading decisions/damages/other losses related to the Information or its use, (ii) the accuracy, timeliness and/or completeness of the Information, or (iii) the financial soundness of the mutual fund schemes. Morningstar Investment Adviser, or any of its associates, does not provide any distribution or execution services, and no compensation is received by Morningstar Investment Adviser for these, in respect of the mutual fund schemes. Morningstar Investment Adviser does not have any actual/potential conflict of interest arising from any association with the asset managers of the mutual fund schemes, which might compromise its objectivity or independence. Morningstar Investment Adviser does not have any holdings in the mutual fund schemes. Investments in securities are subject to market and other risks and there is no assurance or guarantee that the objectives of the mutual fund schemes will be achieved. To the extent the portfolios are invested in international mutual fund schemes domiciled in India, there may be risks associated with currency movements. Past performance may or may not be sustained in future and is no indication of future performance. As the price / value / interest rates of the securities in which the mutual fund schemes invest fluctuates, the value of investors' investments in the schemes may go up or down.