AMIT GURUH SACHDEVA (AGS) RESEARCH ANALYST - CLIENT SERVICE AGREEMENT (SEBI Registered Research Analyst Number INH100005190)
This Research Analyst Client Service Agreement (the “Agreement”) has been executed on (Date of Execution) at (Place of Execution)
Between
Mr. Amit Guruh Sachdeva (Individual SEBI Registered Research Analyst bearing Registration No. INH100005190, having his registered office at 567/10 Anand Nagar Lucknow – 226010 (hereinafter referred to as the “RESEARCH ANALYST” which expression shall unless excluded by or repugnant to the context, be deemed to include its administrators and permitted assigns) of the FIRST PART;
And
Client (hereinafter referred to as the “CLIENT” which expression shall unless it be repugnant to the context or be deemed to mean and include, its administrators & permitted assigns) of the SECOND PART;
Both RESEARCH ANALYST and the CLIENT shall also hereinafter individually refer to as Party & collectively as Parties. Whereas the CLIENT is desirous of availing the stock recommendation services in respect of the research analysis of the financial products from the Research Analyst on the terms & conditions as described hereinafter.
In accordance with the applicable laws, the client hereby appoints, entirely at his / her / its risk, the Research Analyst to provide the required services in accordance with the terms and conditions of the agreement as mandated under SEBI (Research Analyst) Regulations, 2014.
CONSENT OF THE CLIENT
I / We have read and understood the terms and conditions applicable to a research analyst as defined under regulation 2(1)(u) of the SEBI (Research Analyst) Regulations, 2014, including the fee structure. I/We are subscribing to the research services for our own benefits and consumption, and any reliance placed on the research report provided by research analyst shall be as per our own judgement and assessment of the conclusions contained in the research report.
I/We understand that –
i. Any investment made based on the recommendations in the research report are subject to market risk.
ii. Recommendations in the research report do not provide any assurance of returns.
iii. There is no recourse to claim any losses incurred on the investments made based on the recommendations in the research report.”
DECLARATION FROM Client:
The Client shall make an annual declaration for confirmation of the KYC details of all the immediate family members including himself, client also needs to update the Research Analyst in case there is any kind of update in the said records. DECLARATION FROM THE RESEARCH ANALYST
i. We are duly registered with SEBI as an RA pursuant to the SEBI (Research Analysts) Regulations, 2014 and its registration details are: (registration number, registration date);
ii. We have registration and qualifications required to render the services contemplated under the RA Regulations, and the same are valid and subsisting.
iii. Research analyst services provided by us do not conflict with or violate any provision of law, rules or regulation, contract, or other instrument to which we are a party or to which any of our property is or may be subject.
iv. The maximum fee that we may be charge is ₹1.51 lakhs per annum per
family of client. (as on 31/01/2025). The professional fee will be in consonance with the SEBI (RA) Regulations, 2014, as amended from time to time, the limits, restrictions or else will be followed accordingly
v. The recommendations provided by us do not provide any assurance of returns.
vi. We are not engaged in any additional professional or business activities, on a whole-time basis or in an executive capacity, which interfere with/influence or have the potential to interfere with/influence the independence of research report and/or recommendations contained therein.
THIRD SCHEDULE
[See sub-regulation (2) of regulation 24]
CODE OF CONDUCT FOR RESEARCH ANALYST
FEES APPLICABLE TO THE CLIENT AND BILLING
Details of Fees to be charged are the following: As per Website Product & Fee Structure. Product / Service subscribed: Product/ Service Subscribed Index Option Number of Calls 01-02 Calls per day Type Intraday Only Delivery Via Whatsapp The quantum and manner of payment of fees for investment advice rendered. Amount (Quantum) Mode of Payment(In Words of Rupees Rupees Only) NEFT/ RTGS/IMPS/UPI Fee modalities and periodicity, by attaching a detailed fee schedule to the agreement; Fees accepted strictly by account payee crossed cheques / demand draft or by way of direct credit into my bank account through NEFT/ RTGS/IMPS/UPI. Cash deposits are not accepted for any of the service provided. The fees shall not be in cash. Research Analyst shall receive fee by giving recommendations in equity, derivatives and commodities in bank account associated with Amit Guruh Sachdeva Individual from the client only and not from any person other than the client being advised, in respect of the underlying securities or investment products for which the advice is or to be provided.
SCOPE OF SERVICE
A research analyst studies companies and industries, analyses raw data, and makes forecasts or recommendations about whether to buy, hold or sell securities. Research Analyst analyses information to provide recommendations about investments in securities to the clients.
Research Analyst & his team may assist clients in understanding the research / trade & execution. But the client will be solely & in totality responsible for all his trades done. He will in full capacity responsible for his capital risk, quantality management & trade Profit-losses. Neither Research Analyst or his team can be held liable for any profits or losses or his capital risk directly or indirectly at any point of time. Trading In Stock market specially in Derivative Segment is subject to high risk and can even erode full capital base of client. Thus, client need to understand his risk-taking capacity & use the Research Analyst Inputs/ Research and Recommendations as per his Risk taking Capacity.
Risk Disclosure On Derivatives
DUTIES & FUNCTIONS OF THE RESEARCH ANALYST
Research Analyst shall provide Recommendations Services on FINANCIAL PRODUCTS to the Client during the term of this Agreement on investment in all financial/investment products except Mutual Funds and Insurance under all regulated authorities as is permitted under applicable laws and regulations governing research analyst & the financial industry. The services rendered by the research analyst are non-binding, non-recourse advisory in nature and the final decision on the type of instruments; the proportion of exposure and tenure of the investments shall be taken by the Client at its discretion.
The Research Analyst shall act in a fiduciary capacity as one of the Analyst to the Client will be providing all back-end support services. The Research Analyst shall act in a Bonafide manner for the benefit and the interest of the Client. The Research Analyst shall be in compliance with the SEBI (Research Analyst) Regulations, 2014 and its amendments, rules, circulars, and notifications.
The RESEARCH ANALYST shall be in compliance with the eligibility criteria as specified under the RESEARCH ANALYST Regulations at all times.
RESEARCH ANALYST shall maintain client-wise KYC, advice, analysis reports of investment advice and suitability, terms and conditions document, rationale of advice, related books of accounts and a register containing list of clients along with dated investment advice in compliance with the SEBI (RESEARCH ANALYST) Regulations, 2014. RESEARCH ANALYST shall get annual compliance audit conducted as per the SEBI (RESEARCH ANALYST) Regulations, 2014.
RESEARCH ANALYST undertakes to abide by the Code of Conduct as specified in the Third Schedule of the SEBI (RESEARCH ANALYST) Regulations, 2014.
RESEARCH ANALYST shall not receive any consideration in any form, if the client desires to avail the services of intermediary recommended by RESEARCH ANALYST.
INVESTMENT OBJECTIVE AND GUIDELINES
Research Analyst (RA) would provide recommendations with respect to investment in equity & derivatives & commodities.
RESEARCH ANALYST undertakes to recommend direct implementation of advice i.e. Demat Accounts or as the case may be. RESEARCH ANALYST shall provide recommendations based on the risk profiling conducted for the client, total budgeted investment amount of the client and time period for deployment as informed by the client.
RESEARCH ANALYST shall communicate the tax related aspects pertaining to recommendations and as applicable on the RESEARCH ANALYST fee, if any.
RISK FACTORS
Investments in securities are subject to market risks and there is no assurance or guarantee that the objective of the investments will be achieved; Past performance of the investment advisor does not indicate its future performance. The performance of the investments/products may be affected by changes in Government policies, general levels of interest rates and risks associated with trading volumes, liquidity and settlement systems in equity and debt markets. Investments in the products which the Clients have opted are subject to wide range of risks which inter alia also include but not limited to economic slowdown, volatility & illiquidity of the stocks, poor corporate performance, economic policies, changes of Government and its policies, acts of God, acts of war, civil disturbance, sovereign action and /or such other acts/ circumstance beyond the control of Research Analyst or any of its Associates. The names of the products/nature of investments do not in any manner indicate their prospects or returns.
The performance in equity may be adversely affected by the performance of individual companies, changes in the market place and industry specific and macro-economic factors.
Investments in debt instruments and other fixed income securities are subject to default risk, liquidity risk and interest rate risk. Interest rate risk results from changes in demand and supply for money and other macroeconomic factors and creates price changes in the value of the debt instruments. Under NO Conditions the Research Analyst OR any member associated with the Firm can be held personally or cumulatively responsible for any financial loss directly or indirectly incurred in the stock market.
The Research Analyst has the responsibility to give the best research and recommendations with the intention of generating returns to the client subject to inherent risk of the stock market.
There is no assurance or guarantee of returns or capital safety of the client due to unavoidable market volatility or unpredictable high irrational moves.
The client accepts the nature of business risk and capital risk involved in the stock market & cannot held responsible to RA OR it’s Employees of the firm for any unprecedent loss of returns or capital involved in trading & Investment Activities.
VALIDITY OF RECOMMENDATION SERVICES
The validity of this agreement starts from the date of signing and will continue to be in force till any of the parties terminate it by giving 1 months’ notice period or as per tenure mentioned & agreed upon.
TERMINATION
This Agreement may be terminated under the following circumstances, namely- (a) Voluntary / mandatory termination by the Research Analyst. (b) Voluntary / mandatory termination by the client. (c) Suspension/Cancellation of registration of Research Analyst by SEBI. (d) Any other action taken by other regulatory body/ Government authority. In case of a voluntary termination of the agreement, the client would be required to give a 30 days prior written notice while the Research Analyst would be required to give a 30 days prior written notice. In case of suspension of the certificate of registration of the RA, the client may terminate the agreement.
IMPLICATIONS OF AMENDMENTS AND TERMINATION
Not with standing any such termination, all rights, liabilities and obligations of the parties arising out of or in respect of transactions entered into prior to the termination of this relationship shall continue to subsist and vest in/be binding on the respective parties or his/its respective heirs, executors, administrators, legal representatives or successors, as the case may be; In case the clients are not satisfied with the services being provided by the RESEARCH ANALYST and want to terminate/ stop Investment recommendations services or the RESEARCH ANALYST is unable to provide services, either party shall have a right to terminate services and business relationship at any time subject to refund of fee after deducting one quarters fee & taxes in case termination is initiated by the clients and refund of the proportionate post GST of recommendation fee in case termination is initiated by RESEARCH ANALYST. The RESEARCH ANALYST would transition support, if requested, to the client in the event of termination.
RELATIONSHIP WITH RELATED PARTIES:
Research Analyst is carrying on its activities independently, at an arms-length basis from all other activities RESEARCH ANALYST does not have any conflict of interest of the stock recommendation activities with its relationship with related parties, such conflict of interest shall be disclosed to the client as and when they arise.
Research Analyst ENGAGED IN OTHER ACTIVITIES RESEARCH ANALYST maintains an arms-length relationship between its activities as an RESEARCH ANALYST and other activities and shall ensure that this arm’s length relationship would be maintained throughout the tenure of service. RESEARCH ANALYST shall not provide any distribution services. Family of an individual RESEARCH ANALYST shall not provide distribution services to the client advised by the RESEARCH ANALYST, for securities and investment products. RESEARCH ANALYST shall not provide investment advisory services, for securities and investment products, to a client who is receiving distribution services from other family members.
REPRESENTATION TO CLIENT RESEARCH ANALYST
shall ensure that it will take all consents and permissions from the client prior to undertaking any actions in relation to the securities or investment product advised by the RESEARCH ANALYST.
NO RIGHT TO SEEK POWER OF ATTORNEY The RESEARCH ANALYST shall not seek any power of attorney or authorizations from its clients for implementation of RECOMMENDATIONS.
NO CONFLICT-OF-INTEREST
RESEARCH ANALYST does not have any conflict of interest of the any recommendation activities, such conflict of interest shall be disclosed to the client as and when they arise. RESEARCH ANALYST shall not derive any direct or indirect benefit out of the client’s securities/investment products.
MAINTENANCE OF ACCOUNTS AND CONFIDENTIALITY
RESEARCH ANALYST shall be responsible for maintenance of client accounts and data as mandated under the SEBI (RESEARCH ANALYST) Regulations, 2014. RESEARCH ANALYST shall not divulge any confidential information about its client, which has come to its knowledge, without taking prior permission of its client, except where such disclosures are required to be made in compliance with any law for the time being in force.
LIABILITY OF RESEARCH ANALYST
RESEARCH ANALYST shall not incur any personal or cumulative liability by reason of any loss, which a client may suffer by reason or any depletion in the value of the assets under advice, which may result by reason of fluctuation in asset value, or by reason of non-performance or under-performance of the securities/funds or any other market conditions.
REPRESENTATIONS AND COVENANTS
Mr. Amit Guruh Sachdeva, Contact No. - 9307714577, Email id - amitguruhsachdeva@yahoo.com Certification Qualification PGDBM (Finance). 1. NISM-Series-X-A: Research Analyst (Level 1) Certification 2. NISM-Series-X-B: Research Analyst (Level 2) Certification PGDBM Individual is Certification Qualifications Research Analyst is registered with SEBI as RESEARCH ANALYST with Registration No. INH100005190.
SETTLEMENT OF DISPUTES AND PROVISION FOR ARBITRATION
No suit, prosecution or another legal proceeding shall lie against the RESEARCH ANALYST for any damage caused or likely to be caused by anything which is done in good faith or intended to be done under the provisions of the Securities and Exchange Board of India (RESEARCH ANALYST) Regulations, 2014.
This Agreement is subject to the rules and regulations as are or may be framed/ issued by the Central Government, the Reserve Bank of India (RBI), SEBI, and/or any other competent authority, from time to time. All disputes, differences, claims, and questions whatsoever arising from this Agreement between the Client and RESEARCH ANALYST and/or their respective representatives touching these presents shall be in accordance with and subject to the provisions of The Arbitration and Conciliation Act, 1996, or any statutory modification or re-enactment thereof for the time being in force. Such arbitration proceedings shall be held at Indore and the language of the arbitration will be English.
ADHERENCE TO GRIEVANCE REDRESSAL TIMELINES
RESEARCH ANALYST shall be responsible for resolving the grievances within the timelines specified under SEBI circulars.
SEVERABILITY
If any provision of this Agreement shall be held or made invalid by a court decision, statute, rule, or otherwise, the remainder of this Agreement shall not be affected thereby.
FORCE MAJEURE
The RESEARCH ANALYST shall not be liable for delays or errors occurring by reason of circumstances beyond its control, including but not limited to acts of civil or military authority, national emergencies, work stoppages, fire, flood, catastrophe, acts of God, insurrection, war, riot, or failure of communication or power supply. In the event of equipment breakdowns beyond its control, the RESEARCH ANALYST shall take reasonable steps to minimize service interruptions but shall have no liability with respect thereto.
MISCELLANEOUS
Each party agrees to perform such further actions and execute such further agreements as are necessary to effectuate the purposes hereof Client shall go through the Disclosure Document and Disclaimer before subscribing to the services of the RESEARCH ANALYST to make an informed decision for engaging RESEARCH ANALYST before investing. The client shall complete the risk profiling questionnaire before subscribing to the product/services suitable to the client Agreed and Accepted (Individual AMIT GURUH SACHDEVA RESEARCH ADVISORY) Mr. Amit Guruh Sachdeva.
Example -
Moderate risk investor – This type of investor is able to accept investment loss occasionally and is willing to take the small risk associated with the market. The services recommended will be in equity cash segment.
High-risk investor – This type of investor is keen on opportunities to generate a high return and is able to accept substantial risk and can accept quite high investment loss. (They are traders in nature and look for speculative gains opportunities in stock markets and are exposed to derivatives F & O Trading.)
So, it is our responsibility to inform and explain each and everything to the client about the risk involved in trading and investment in stock markets, which can help substantial loss to the tune of erosion of capital involved. Our services are fee-based which does not include any commission or remuneration, referral fee, or any other payment from any third party or person. The main purpose of preparing this report is to complete the KYC, Risk Profiling, and ‘Client’s service provider agreement’.
The suitability of an investment for a particular person is the very heart of the investment process. This is a fundamental concept both from a legal perspective and in terms of putting investors’ money to work sensibly and prudently. As per Securities Exchange Board of India (SEBI), RESEARCH ANALYST Regulations 2014 regulations which gives details about the point which are mentioned in the suitability report being provided to the client
For Client PARTICULARS DETAILS NAME OF CLIENT … DATE OF BIRTH … RISK SCORE … RISK PROFILE High – Preferred Service Future, Option, Commodity SERVICE Index Option RISK NATURE High – Preferred Service Future, Option, Commodity Risk Bearing Capacity Service Details.
PARTICULARS DETAILS NAME OF SERVICE Index Option SUBJECT MATTER
The recommendation are based on fundamental and technical analysis.
FREQUENCY OF SERVICE
In this service, we provide Intraday plus holding Recommendations MARKET NSE RISK NATURE High – Preferred Service Future, Option, Commodity Risk Past performance is not evidence for future success, but in every field, the benchmark is important for comparison.
Past performance indicates how the service is profitable for the client and prepares the benchmark for calculating profitability and accuracy. We have attached our track sheet record of the services which indicates the success ratio of the Service. The risk profile of Name Of Client indicates that he is a «High» Risk bearer client, in his investment, and the services we recommended for him match his Risk profile. The client is ready to bear all types of Risk. The client is satisfied with the Risk Profile Client is aware of the risk factor involved in the market and service. The client is agreed to all the Disclosures, Terms and conditions, and disclaimers that are mentioned on the website.
ASSESSMENT DONE BY Amit Guruh Sachdeva Individual SEBI Registered Research Analyst Registration No. INH100005190 with Client Disclosure Document The particulars given in this Disclosure Document have been prepared in accordance with SEBI (RESEARCH ANALYST) Regulations, 2014. The purpose of the Document is to provide essential information about the stock recommendations Services in a manner to assist and enable the prospective client/client in making an informed decision for engaging Research Analyst before investing.
Descriptions about “Research Analyst” History, Present business, and Background Research Analyst is registered with SEBI as RESEARCH ANALYST with Registration No. INH100005190. The firm got its registration on 03/08/2016 and is engaged in Research Analyst. The focus of a RESEARCH ANALYST is to provide Stock Recommendations to the clients. RESEARCH ANALYST aligns its interests with those of the client and seeks to provide the best-suited advice based on the client’s risk profile. The RESEARCH ANALYST first tries to understand the client’s return expectations, risk-taking ability & goals, which in turn helps to arrive at an asset allocation suitable for the client. The RESEARCH ANALYST conducts frequent stock, derivatives, commodities review and suggests any corrective action/s if required.
Terms and conditions of Amit Guruh Sachdeva Individual OF AMIT GURUH SACHDEVA RESEARCH ADVISORY are detailed in the client agreement by SEBI under the SEBI Act or Regulations made thereunder against the RESEARCH ANALYST relating to Stock Recommendations services. ii. There are no pending material litigations or legal proceedings, findings of inspections, or investigations for which action has been taken or initiated by any regulatory authority against the Research Analyst or its Directors, or employees. Affiliations with other intermediaries RESEARCH ANALYST has no affiliation with any other SEBI registered intermediaries. Disclosures with respect to Research Analyst own holding position in financial products/securities: Research Analyst may hold a position in the financial products/ securities advised in its personal portfolio. Details of the same may be referred to through the disclosures made at the time of advice.
Disclosures with respect to any actual or potential conflicts of interest arising from any connection to or association with any issuer of products/ securities, including any material information or facts that might compromise its objectivity or independence in the carrying on of stock recommendations services.
There are no actual or potential conflicts of interest arising from any connection to or association with any issuer of products/ securities, including any material information or facts that might compromise its objectivity or independence in the carrying on of stock recommendations services.
Such conflict of interest shall be disclosed to the client as and when they arise.
Disclosure of all material facts relating to the key features of the products or securities, particularly, performance track record, warnings, disclaimers etc.
Clients are requested to go through the detailed key features, performance track record of the product, or security including warnings, disclaimers, etc before investing as and when provided by the Research Analyst.
Such product materials may also be available at www.moneycontrol.com, Investing.com, www.sebi.gov.in or www.nseindia.com, or the respective issuer’s website. Drawing client’s attention to warnings, disclaimers in documents, and advertising materials relating to investment products. The Research Analyst draws the client’s attention to the warnings, disclaimers in documents, and advertising materials relating to an investment product that is being recommended to the client. A brief regarding the risk associated with the investment products is available in the client agreement, same may be referred to before investing in advised products or securities. Mr. Amit Guruh Sachdeva (Individual SEBI Registered Registration No. INH100005190 (Type of Registration- Individual, Validity of Registration- Perpetual).
For Client (Individual AMIT GURUH SACHDEVA RESEARCH ADVISORY) SEBI Registered Research Analyst No-INH100005190
Disclaimer
AMIT GURUH SACHDEVA RESEARCH ADVISORY accepts payments only after the successful completion of Client KYC, and agreement formalities.
The information and views on the website & all the services we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suit them the most.
All investment in Financial Products is subject to market Risk.
There is no guarantee of Returns & Profits. No Capital Safety Assurance or any Fixed Returns, etc.
Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and on sources that we consider reliable. We, however, do not vouch for the consistency or the completeness thereof. This material is for personal information, and we are not responsible for any loss incurred due to it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.
Our clients or Any third party or anyone else have no rights to forward or share our calls or SMS or Research Reports or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Legal Actions can be taken.
By accessing AMIT GURUH SACHDEVA’s website or any of its associate/group sites, you have read, understood, and agree to be legally bound by the terms of the following disclaimer and user agreement.
AMIT GURUH SACHDEVA does not guarantee the consistency, adequacy, or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information.
AMIT GURUH SACHDEVA or any of the associates will not be responsible for any errors, omissions, or representations on any of our pages or on any links on any of our pages. AMIT GURUH SACHDEVA does not endorse any way any advertisers on our web pages. Please verify the veracity of all information on your own before undertaking any alliance.
The information on this website is updated from time to time. AMIT GURUH SACHDEVA however excludes any warranties (whether expressed or implied), as to the quality, consistency, efficacy, completeness, performance, fitness, or any of the contents of the website, including (but not limited) to any comments, feedback and advertisements contained within the Site. AMIT GURUH SACHDEVA makes no warranty that the contents of the website are free from infection by viruses or anything else which has contaminating or destructive properties and shall have no liability in respect thereof.
There are risks associated with utilizing internet and short messaging system (SMS) based information and research dissemination services.
Subscribers are advised to understand that the services can fail due to the failure of hardware, software, and Internet connection. While we ensure that the messages are delivered in time to the subscriber’s Mobile Network, the delivery of these messages to the customer’s mobile phone/handset is the responsibility of the customer’s Mobile Network. SMS may be delayed and/or not delivered to the customer’s mobile phone/handset on certain days, owing to technical reasons, and AMIT GURUH SACHDEVA cannot be held responsible for the same.
AMIT GURUH SACHDEVA hereby expressly disclaims any implied warranties imputed by the laws of any jurisdiction. We consider ourselves and intend to be subject to the jurisdiction only of the courts of Lucknow, Uttar Pradesh in India. If you don’t agree with any of our disclaimers above, please do not read the material on any of our pages. This site is specifically for users in the territory of India. Although the access to users outside India is not denied, AMIT GURUH SACHDEVA shall have no legal liabilities whatsoever in any laws of any jurisdiction other than India. We reserve the right to make changes to our site and these disclaimers, terms, and conditions at any time.
Stock trading is inherently risky, and you agree to assume complete and full responsibility for the outcomes of all trading decisions that you make. All comments and posts made by AMIT GURUH SACHDEVA is for information purposes only and under no circumstances should be used for actual trading.
Under no circumstances should any person at this site make trading decisions based solely on the information discussed herein.
We are qualified Research Analyst, and we provide all the market-based information to keep our clients informed about the real-time changes happening in the financial market, complete information provided by us consist of factual information which helps you to understand the movement of the market through the investment advice we provide. It is completely informative in nature.
You should strictly abide by the consultation provided by the qualified research analyst at AMIT GURUH SACHDEVA and trade only as per the stock recommendation provided by us. You agree not to make actual stock trades based on comments on the site, nor on any techniques presented or discussed on this site or any other form of information presentation. All information is for educational and informational use only. Unlike an actual performance record, simulated results do not represent actual trading. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
Amit Guruh Sachdeva (Individual) has a license to provide stock recommendations. Amit Guruh Sachdeva (Individual) is a registered research analyst. You understand and acknowledge that there is a very high degree of risk involved in trading securities. Past results of any trader published on this website are not an indicator of future returns by that trader and are not an indicator of future returns which be realized by you.
Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved (Individual Amit Guruh Sachdeva) SEBI Registered Research Analyst Registration No. INH100005190 (Type of Registration- Individual, Validity of Registration- Perpetual)
General Terms & Conditions mandated by SEBI
1. Availing the research services: By accepting delivery of the research service, the client confirms that he/she has elected to subscribe the research service of the RA at his/her sole discretion. RA confirms that research services shall be rendered in accordance with the applicable provisions of the RA Regulations.
2. Obligations on RA: RA and client shall be bound by SEBI Act and all the applicable rules and regulations of SEBI, including the RA Regulations and relevant notifications of Government, as may be in force, from time to time.
3. Client Information and KYC: The client shall furnish all such details in full as may be required by the RA in its standard form with supporting details, if required, as may be made mandatory by RAASB/SEBI from time to time. RA shall collect, store, upload and check KYC records of the clients with KYC Registration Agency (KRA) as specified by SEBI from time to time.
4. Consideration and mode of payment: The client shall duly pay to RA, the agreed fees for the services that RA renders to the client and statutory charges, as applicable. Such fees and statutory charges shall be payable through the specified manner and mode(s)/ mechanism(s).
5. In case of suspension of certificate of registration of RA for more than 60 (sixty) days or cancellation of the RA registration, we shall refund the fees, on a pro rata basis for the period from the effective date of cancellation/ suspension to end of the subscription period.
6. Grievance redressal and dispute resolution: Any grievance related to
(i) nonreceipt of research report or
(ii) missing pages or inability to download the entire report, or
(iii) any other deficiency in the research services provided by RA, shall be escalated promptly by the client to the person/employee designated by RA, in this behalf.
(iv) We shall resolve grievances within 7 (seven) business working days or such timelines as may be specified by SEBI under the RA Regulations.
(v) All grievances of the client will be readdressed in a timely and transparent manner.
(vi) Any dispute between the RA and his client may be resolved through arbitration or through any other modes or mechanism as specified by SEBI from time to time.
7. Mandatory notice: Clients are kindly requested to go through Do’s and Don’ts while dealing with RA as specified in SEBI master circular no. SEBI/HO/MIRSD-POD-1/P/CIR/2024/49 dated May 21, 2024 or as may be specified by SEBI from time to time.
Most Important Terms and Conditions
By agreeing to these terms, the client acknowledges and accepts the following conditions:
1. No Execution of Trades
1.1. The RA is strictly prohibited from executing or carrying out any trades (buy/sell transactions) on behalf of the client.
1.2. The client agrees not to permit the RA to execute any trades on their behalf.
2. Fee Structure
2.1. The fee charged by the RA for research services is subject to a maximum limit prescribed by SEBI/RAASB.
2.2. The current fee limit is ₹1,51,000 per annum per family for all research services provided by the RA.
2.3. The fee limit does not apply to non-individual clients or accredited investors.
2.4. Fees can be paid via the following modes:
2.5. The RA may charge fees in advance, but the advance payment shall not exceed one quarter.
2.6. In the event of premature termination of services by either party, the client is entitled to a refund of proportionate fees for the unexpired period.
2.7. Optionally the client can make payments through Centralized Fee Collection Mechanism (CeFCoM) managed by BSE Limited (i.e. currently recognized RAASB).
3. Conflict of Interest
3.1. The RA agrees to abide by all applicable SEBI/RAASB regulations regarding the disclosure and mitigation of conflicts of interest.
3.2. The RA will promptly inform the client of any actual or potential conflicts of interest that may affect the services provided.
4. Prohibition of Guaranteed Returns
4.1. The RA is prohibited from offering any assured, guaranteed, or fixed return schemes. Such schemes are illegal under applicable laws.
4.2. The RA cannot guarantee returns, profits, accuracy, or risk-free investments based on the research services provided.
5. Market Risks
5.1. The client acknowledges that any investment made based on the recommendations in the RA’s research reports is subject to market risks.
5.2. The RA does not provide any assurance of returns, and the client cannot claim losses incurred based on the recommendations in the research reports.
5.3. The client agrees to rely on their own judgment and assessment when making investment decisions based on the RA’s research.
6. No Guarantee of Performance
6.1. The client acknowledges that the RA’s SEBI registration, enlistment with RAASB, and NISM certification do not guarantee the performance of the RA or assure any returns to the client.
7. Grievance Redressal
7.1. In case of any grievances, the client agrees to first contact the RA using the contact details provided on the RA’s website or as per the ‘Grievance Redressal/Escalation Matrix’.
7.2. If the grievance remains unresolved, the client may lodge a complaint through SEBI’s SCORES platform at www.scores.sebi.gov.in.
7.3. The client may also consider Online Dispute Resolution (ODR) through the Smart ODR portal at https://smartodr.in.
8. Client Information
8.1. The client agrees to keep their contact details, including email ID and mobile number, updated with the RA at all times.
8.2. The RA will not be responsible for any communication issues arising from outdated or incorrect client information.
9. Security of Client Credentials
9.1. The RA will never ask for the client’s login credentials, OTPs, or access to their trading, demat, or bank accounts.
9.2. The client agrees not to share such sensitive information with the RA or any other party.
10. Effective Date and Compliance
10.1. These terms and conditions come into effect immediately upon signing this agreement..
10.2. The client agrees to comply with all applicable SEBI regulations and guidelines as outlined in this agreement.
11. Purpose of Agreement
11.1. This agreement is designed to protect the interests of the client, promote transparency in the securities market, and regulate the conduct of the RA in accordance with SEBI regulations.
Client Acknowledgment
By signing this agreement, the client acknowledges that they have read, understood, and agreed to the terms and conditions outlined above.