Terms & Conditions of Use

1. Scope of Services

1. Investment Advisory: We are a SEBI registered Investment Adviser. We provide non-binding investment advice on securities including Mutual Funds and Equity. We do not guarantee returns.
2. Mutual Fund Distribution: We hold AMFI Registration Number and offer execution services via BSE STAR MF / NSE NMF. We may earn commission from AMCs.
3. Account Aggregator – FIU: We are a ReBIT certified Financial Information User. With your explicit consent, we fetch your financial data from Banks, MFs, Insurance, etc. via RBI's Account Aggregator framework to provide net worth tracking and risk profiling.
4. No Portfolio Management: We do not offer discretionary PMS. All investment decisions are yours.

2. User Eligibility & Onboarding

1. You must be 18+ years, Indian resident or NRI/OCI as permitted by law, and competent to contract.
2. KYC: To use Advisory/MF services, you must complete KYC as per SEBI Master Circular dated 12-Oct-2023. This includes PAN verification, address proof, bank validation, In-Person Verification, and registration with KYC Registration Agency. Account Aggregator consent does not replace SEBI KYC.
3. Risk Profiling: For Advisory, you must complete risk profiling. Advice will be suitable to your risk profile.
4. AA Consent: For net worth tracking, you may provide consent on the AA network. Purpose, data fields, and expiry will be shown before consent. You can revoke anytime via Platform or AA app.

3. Payments & Fees

1. Advisory Fee: Charged as per agreement signed under SEBI RIA Regulations. Max limits apply. Fee is exclusive of taxes.
2. MF Transactions: We do not charge you. We may receive trail commission from AMCs. Details disclosed under SEBI Circular SEBI/HO/IMD/DF2/CIR/P/2016/42.
3. Payment Charges: For PA services, convenience fee/MDR may apply and will be shown before payment.
4. Refund: Fees once paid are non-refundable except as per SEBI RIA Reg 19. MF refunds as per AMC policy.

4. Account Aggregator Specific Terms

1. Purpose Limitation: Data fetched via AA will be used only for purposes disclosed in consent: Net Worth Display, Risk Profiling, Financial Planning. No cross-sell without fresh consent.
2. Data Storage: We do not store raw AA data after processing. Derived insights may be stored. Consent artefacts stored for 6 years as per RBI AA Master Direction 2021.
3. No Liability for FIP Data: We are not responsible for accuracy of data provided by Financial Information Providers.
4. Revocation: You can revoke AA consent anytime. Upon revocation, related features will stop.

5. Investment Risks & Disclaimers

1. Market Risks: Investments in securities are subject to market risks. Read all scheme documents carefully.
2. No Guarantee: Past performance is not indicative of future results. We do not guarantee any returns.
3. Execution Only: For "Execution Only" MF transactions, no advice is provided and no fee is charged.
4. Research: Advice is based on research and assumptions. You should verify before acting.

6. User Obligations

1. Provide true, accurate and complete information. Update us of changes within 30 days.
2. Maintain confidentiality of login credentials. You are liable for all actions via your account.
3. Do not use Platform for money laundering or illegal activities. We file STRs to FIU-IND if suspicious.
4. Do not hold us liable for losses due to market, technical failure, or force majeure.

7. Privacy & Data Protection

1. Your data is governed by our Privacy Policy. We comply with DPDP Act, 2023 and IT Act, 2000.
2. AA data is encrypted in transit and at rest. Access is logged.
3. We may share data with SEBI, RBI, FIU-IND, KRA, AMCs, RTAs, Banks as required by law.

8. Grievance Redressal

9. Limitation of Liability

1. To the maximum extent permitted by law, Company's liability is limited to fees paid by you in the preceding 3 months.
2. We are not liable for indirect, consequential, or notional losses.

10. Intellectual Property

1. Platform, logo, and content belong to Company. No copying or reverse engineering allowed.

11. Termination

1. You may terminate by closing your account. We may terminate with 30 days' notice, or immediately for breach or illegal use.
2. Upon termination, data will be deleted except as required by SEBI/RBI/PMLA for 5–8 years.

12. Governing Law

1. These Terms are governed by the laws of India. Courts at Mumbai have exclusive jurisdiction.
2. For NRI disputes, arbitration under Indian Arbitration Act, seat at Mumbai.

13. Amendments

1. We may amend Terms. Updated version posted with "Last Updated" date. Continued use = acceptance.

14. Regulatory Disclosures

Declaration & Consent