Investor Charter
As required under SEBI (Research Analysts) Regulations, 2014
A. Vision and Mission
Vision
To be a trusted, unbiased, and SEBI-compliant research analyst, providing high-quality equity research that empowers investors to make informed and confident investment decisions in the Indian securities market.
Mission
- ▸Provide research-backed, unbiased stock buy/sell recommendations to investors.
- ▸Maintain the highest ethical standards and full transparency in all research activities.
- ▸Ensure recommendations are based on thorough technical analysis, free from conflicts of interest.
- ▸Educate and empower investors to understand market dynamics and make informed decisions.
- ▸Strictly adhere to all SEBI regulations and guidelines for Research Analysts.
B. Services Provided to Investors
The following service is provided under SEBI Research Analyst Registration No. INH000027414:
Stock Buy / Sell Recommendations
Research-based equity recommendations including entry price, target price, stop-loss, and rationale based on technical analysis of listed Indian securities on NSE and BSE. Each recommendation discloses all material information required under SEBI RA Regulations.
C. Rights of Investors
- ✓Right to receive unbiased and independent research recommendations.
- ✓Right to receive full disclosure of any conflict of interest related to research recommendations.
- ✓Right to access the Research Analyst's SEBI registration certificate and details.
- ✓Right to receive a clear and complete research report with rationale for every recommendation.
- ✓Right to receive disclosure of fees and charges before availing any service.
- ✓Right to file complaints with SEBI SCORES portal and use the ODR mechanism.
- ✓Right to receive a response to grievances within the prescribed timeframe.
- ✓Right to be treated fairly, without discrimination or misrepresentation.
D. Obligations of the Research Analyst
- ▸Maintain SEBI registration and comply with all applicable regulations at all times.
- ▸Provide research recommendations based on diligent analysis and disclose all material conflicts of interest.
- ▸Not provide any assured or guaranteed returns to investors.
- ▸Disclose SEBI registration number on all research reports and communications.
- ▸Maintain records of all research reports and recommendations as required by SEBI.
- ▸Not indulge in front-running or any other activity that constitutes market manipulation.
- ▸Charge only transparent and pre-disclosed fees from clients.
- ▸Ensure research reports contain adequate risk disclosures.
E. Dos and Don'ts for Investors
✅ Dos
- •Always verify the SEBI registration of your Research Analyst at sebi.gov.in.
- •Read the full research report, including risk disclosures, before acting.
- •Invest based on your own risk appetite and financial goals.
- •Set your own stop-loss and follow disciplined risk management.
- •Maintain records of all research reports and transactions.
- •Report any grievance promptly through SCORES or ODR.
❌ Don'ts
- •Do not invest based on tips or recommendations from unregistered analysts.
- •Do not trust promises of assured or guaranteed returns — SEBI prohibits this.
- •Do not make investment decisions based solely on any single recommendation.
- •Do not share personal financial information with unauthorized persons.
- •Do not pay fees in cash — always use banking channels and get a receipt.
- •Do not ignore risk disclosures mentioned in research reports.
F. Grievance Redressal Mechanism
Step 1 — Contact the Research Analyst
Investors must first approach the Research Analyst with their grievance. We aim to resolve all complaints within 30 days.
Step 2 — SEBI SCORES
If unsatisfied with the resolution, investors may escalate to the SEBI Complaint Redressal System (SCORES) at scores.sebi.gov.in
Step 3 — Online Dispute Resolution (ODR)
Investors may also use the SMART ODR platform for online dispute resolution as per SEBI Circular dated July 31, 2023. smartodr.in
G. Complaint Status Data
| Month | Received | Resolved | Pending |
|---|---|---|---|
| As on date | 0 | 0 | 0 |
* This data will be updated periodically as per SEBI requirements.