Investor Charter in respect of Investment Adviser (IA)

• A. Vision and Mission Statements for investors
  • Vision
    Invest with knowledge & safety.
  • Mission
    Every investor should be able to invest in right investment products based on their needs, manage and monitor
    them to meet their goals, access reports and enjoy financial wellness.
• B. Details of business transacted by the Investment Advisor with respect to the investors.
  • To enter into an agreement with the client providing all details including fee details, aspect of
    Conflict of interest disclosure and maintaining confidentiality of information.
  • To do a proper and unbiased risk – profiling and suitability assessment of the client.
  • To obtain registration with Know Your Client Registration Agency (KRA) and Central Know Your Customer
    Registry (CKYC).
  • To conduct audit annually.
  • To disclose the status of complaints in its website.
  • To disclose the name, proprietor name, type of registration, registration number, validity, complete
    address with telephone numbers and associated SEBI regional/local Office details in its website.
  • To employ only qualified and certified employees.
  • To deal with clients only from official number
  • To maintain records of interactions, with all clients including prospective clients (prior to
    onboarding), where any conversation related to advice has taken place.
• C. Details of services provided to investors (No Indicative Timelines)
  • Onboarding of Clients
    • Sharing of agreement copy
    • Completing KYC of clients
  • Disclosure to Clients
    • To provide full disclosure about its business, affiliations, compensation in the agreement.
    • To not access client’s accounts or holdings for offering advice.
    • To disclose the risk profile to the client.
  • To provide investment advice to the client based on the risk-profiling of the clients
    and suitability of the client.
• D. Details of grievance redressal mechanism and how to access it
  1. In case of any grievance / complaint, an investor should approach the concerned Investment Adviser and
     shall ensure that the grievance is resolved within 30 days.
  2. If the investor’s complaint is not redressed satisfactorily, one may lodge a complaint with SEBI on
     SEBIs ‘SCORES’ portal which is a centralized web based complaints redressal system. SEBI takes up the
     complaints registered via SCORES with the concerned intermediary for timely redressal. SCORES
     facilitates tracking the status of the complaint.
  3. With regard to physical complaints, investors may send their complaints to: Office of Investor
     Assistance and Education, Securities and Exchange Board of India, SEBI Bhavan, Plot No. C4-A, ‘G’ Block,
     Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051.
• E. Expectations from the investors (Responsibilities of investors)
  
  Do’s
  1. Always deal with SEBI registered Investment Advisers.
  2. Ensure that the Investment Adviser has a valid registration certificate.
  3. Check for SEBI registration number. Please refer to the list of all SEBI registered Investment
     Advisers which is available on SEBI website in the following link: https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=13)
  4. Pay only advisory fees to your Investment Adviser. Make payments of advisory fees through
     banking channels only and maintain duly signed receipts mentioning the details of your payments.
  5. Always ask for your risk profiling before accepting investment advice. Insist that Investment
     Adviser provides advisory strictly on the basis of your risk profiling and take into account
     available investment alternatives.
  6. Ask all relevant questions and clear your doubts with your Investment Adviser before acting on
     advice.
  7. Assess the risk-return profile of the investment as well as the liquidity and safety aspects
     before making investments.
  8. Insist on getting the terms and conditions in writing duly signed and stamped. Read these terms
     and conditions carefully particularly regarding advisory fees, advisory plans, category of
     recommendations etc. before dealing with any Investment Adviser.
  9. Be vigilant in your transactions.
  10. Approach the appropriate authorities for redressal of your doubts / grievances.
  11. Inform SEBI about Investment Advisers offering assured or guaranteed returns.

  Don’ts

  1. Don’t fall for stock tips offered under the pretext of investment advice.
  2. Do not provide funds for investment to the Investment Adviser.
  3. Don’t fall for the promise of indicative or exorbitant or assured returns by the Investment Advisers.
     Don’t let greed overcome rational investment decisions.
  4. Don’t fall prey to luring advertisements or market rumors.
  5. Avoid doing transactions only on the basis of phone calls or messages from any Investment adviser or its
     representatives.
  6. Don’t take decisions just because of repeated messages and calls by Investment Advisers.
  7. Do not fall prey to limited period discount or other incentive, gifts, etc. offered by Investment
     advisers.
  8. Don’t rush into making investments that do not match your risk taking appetite and investment goals.
  9. Do not share login credential and password of your trading and demat accounts with the Investment
     Adviser.