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+91-9587552127

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+91-9587552127

Most Important Terms and Conditions (MITC)

Forming part of the Terms and Conditions for providing research services

  • 1. Scope of Services

These terms and conditions, and consent thereon are for the research services provided by the Research Analyst (RA). The RA cannot execute/carry out any trade (purchase/sell transaction) on behalf of the client.

  • 2. Fees

The fee charged by RA to the client will be subject to the maximum of the amount prescribed by SEBI/Research Analyst Administration and Supervisory Body (RAASB) from time to time (applicable only for Individual and HUF Clients).

  • Current Fee Limit: Rs 1,51,000/- per annum per family of client for all research services of the RA.
  • Statutory Charges: The fee limit does not include statutory charges.
  • Non-Individual Clients: The fee limits do not apply to non-individual clients / accredited investors.
  • 3. Advance Fees

RA may charge fees in advance if agreed by the client. Such advance shall not exceed the period stipulated by SEBI; presently it is one quarter.

  • 4. Payment Modes

Fees to RA may be paid by the client through any of the specified modes like cheque, online bank transfer, UPI, etc. Cash payment is not allowed.

  • 5. Conflict of Interest

The RA is required to abide by the applicable regulations/circulars/directions specified by SEBI and RAASB from time to time in relation to disclosure and mitigation of any actual or potential conflict of interest.

  • 6. Prohibited Schemes

Any assured/guaranteed/fixed returns schemes or any other schemes of similar nature are prohibited by law.

  • 7. No Guarantee of Returns

The RA cannot guarantee returns, profits, accuracy, or risk-free investments from the use of the RA’s research services.

  • 8. Investment Risks

Any investment made based on recommendations in research reports is subject to market risks, and recommendations do not provide any assurance of returns.

  • 9. SEBI Registration

The SEBI registration, Enlistment with RAASB, and NISM certification do not guarantee the performance of the RA or assure any returns to the client.

  • 10. Grievance Redressal

For any grievances:

  • Contact the RA using the details on its website or following contact details: [RA to provide details as per ‘Grievance Redressal / Escalation Matrix’]
  • Lodge grievances through SEBI’s SCORES platform at www.scores.sebi.gov.in
  • Consider Online Dispute Resolution (ODR) through the Smart ODR portal at https://smartodr.in
  • 11. Client Contact Details

Clients are required to keep contact details, including email id and mobile number/s updated with the RA at all times.

  • 12. Confidentiality

The RA shall never ask for the client’s login credentials and OTPs for the client’s Trading Account Demat Account and Bank Account. Never share such information with anyone, including the RA.

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