Custodian Agreement India

8.1 National sub-depository and securities deposits. The custodian may deposit and/or retain, directly or through one or more agents appointed by the custodian, the fund`s investments in a U.S. securities deposit, including the Depository Trust Company, provided that the custodian complies with the applicable requirements of the Federal Reserve Bank or the Securities and Exchange Commission. The administrator may, from time to time, designate any bank within the meaning of Section 2, (a) (5) of the 1940 Act, which meets the requirements of a custodian in accordance with Section 17 (f) of the 1940 Act and the rules and rules that are subject to it, acting on behalf of the Fund as a sub-depository for the fund`s investments in the United States. 12.2 Full agreement; Changing. This agreement constitutes the full understanding and approval of the parties and replaces all other written or oral agreements reached to date between the Fund and the Manager with respect to the preservation of the Fund`s investments. No provision of this Agreement may be repealed, amended or amended and no additives to this Agreement take effect or will be repealed, amended or amended, unless a written document of the party being sought is executed; Provided, however, that an instruction, whether or not that instruction constitutes a declaration of waiver, amendment or amendment for the purposes of this statement, is considered accepted by the administrator if it initiates action in accordance with the application of that statement. In the event of a conflict between the terms and conditions of this agreement and the terms of a service level agreement or other enterprise agreement between the parties, the terms of the agreement are monitored from time to time. 9.2.2 Sources of Information. However, the administrator may reasonably rely on information obtained by investment issuers or agents of these issuers, subcustodians and other commercially reasonable sources, such as commercial and other databases, but is not liable for the specific inaccuracies contained in that information, provided that the custodian relied in good faith on such information or for the failure of a commercially reasonable third party. 12.12 Conflict. Subject to the custodian`s due diligence, prudence and due diligence, nothing in this agreement prevents the custodian and his associates from acting as custodian, sub-custodian, custodian, agent, stockbroker, investment manager or, as well, any other client whose interests may be contrary to the interests of the Fund; or (ii) to purchase, hold, lend and act in any way for the benefit of their own account or on behalf of another client whose interests are likely to harm the fund, notwithstanding the fact that the fund`s identical or similar assets or on behalf of the fund may be held or traded by the custodian.