Notice Cum Addendum For The Merger Of Navi Conservative Hybrid Fund Into Navi Aggressive Hybrid Fund & Navi Overnight Fund Into Navi Liquid Fund

Investors are hereby informed that the Board of Directors of Navi AMC Limited and Navi Trustee Limited, the asset management company and trustee company of Navi Mutual Fund, have approved the merger of the following schemes:

Merger 1: Navi Conservative Hybrid Fund into Navi Aggressive Hybrid Fund

Merger 2: Navi Overnight Fund into Navi Liquid Fund

The rationale for these mergers and further scheme-related details are provided in the letter to unitholders. Both mergers were approved by the Board of Directors of Navi AMC Limited and Navi Trustee Limited on June 07, 2024, for Navi Conservative Hybrid Fund and on July 29, 2024, for Navi Overnight Fund. SEBI, through its communications (SEBI/HO/IMD/IMD-RAC-2/P/OW/2024/30716/1 and SEBI/HO/IMD/IMD-RAC-2/P/OW/2024/0000030715/1 dated September 27, 2024), has given its no objection to both merger proposals.

Exit Option for Unitholders:

In compliance with Regulation 18(15A) of the SEBI (Mutual Funds) Regulations, 1996, all existing unitholders of the merging schemes and surviving schemes are given the option to exit at the applicable Net Asset Value (NAV) without any exit load. This option is valid for 30 days, starting from October 15, 2024 to November 14, 2024 (both days inclusive).

The Effective Date for the merger of both sets of schemes is November 15, 2024.

Important Dates for Unitholders:

• Exit Option Period: October 15, 2024, to November 14, 2024 (both days inclusive).
• All transactions after November 14, 2024 (up to 3 p.m.) will be subject to exit load as per prevailing terms of the respective schemes.

Unitholders who do not redeem their investments during this exit period will be deemed to have consented to the proposed changes and will continue holding units in the surviving schemes.

For further details, please refer to the official addendum attached below.

Addendum 1

Addendum 2