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Investor Charter in respect of Research Analysts

Values

We committed to serving our clients with integrity, transparency, and professionalism. Commitments to investors.

Vision

To empower investors with reliable, data-driven research for informed decision-making.

Mission

To deliver high-quality research services while adhering to SEBI regulations and protecting investor interests.

Details of business transacted by the Research Analyst with respect to the investors

  • To publish research report based on the research activities of the RA.
  • To provide an independent unbiased view on securities.
  • To offer unbiased recommendation, disclosing the financial interests in recommended securities.
  • To provide research recommendation, based on analysis of publicly available information and known observations.
  • To conduct audit annually, this refers to compliance audits as per SEBI regulations to reassure investors about regulatory adherence.

Details of services provided to investors:

  • Onboarding of Clients
  • Disclosure to Clients: To distribute research reports and recommendations to the clients without discrimination.
  • To maintain confidentiality with reference to publication of the research report until made available in the public domain.

Details of Investor Rights:

  • To receive timely and accurate research reports.
  • To be treated fairly and without discrimination.
  • To have their complaints addressed promptly and transparently.
  • To receive clear disclosures regarding fees, conflicts of interest, and risks.

Details of grievance redressal mechanism and how to access it:

  • In case of any grievance/complaint, an investor should approach the concerned Research Analyst and shall ensure that the grievance is resolved within 30 days.
  • If the investor’s complaint is not redressed satisfactorily, one may lodge a complaint with SEBI on SEBI’s 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.
  • 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.

Expectations from the investors (Responsibilities of investors)

Do’s

  • Always deal with SEBI registered Research Analyst.
  • Ensure that the Research Analyst has a valid registration certificate.
  • Check for SEBI registration number.
  • Please refer to the list of all SEBI registered Research Analysts which is available on SEBI website in the following link: https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=14
  • Always pay attention towards disclosures made in the research reports before investing.
  • Pay your Research Analyst through banking channels only and maintain duly signed receipts mentioning the details of your payments.
  • Before buying securities or applying in public offer, check for the research recommendation provided by your Research Analyst.
  • Ask all relevant questions and clear your doubts with your Research Analyst before acting on the recommendation.
  • Inform SEBI about Research Analyst offering assured or guaranteed returns.

Don’ts

  • Do not provide funds for investment to the Research Analyst.
  • Don’t fall prey to luring advertisements or market rumours.
  • Do not get attracted to limited period discount or other incentive, gifts, etc. offered by Research Analyst.
  • Do not share login credential and password of your trading and demat accounts with the Research Analyst.