Terms and Conditions
By visiting our site, you are agreeing to be bound by the following terms and conditions. We may change these terms and conditions at any time. Please re-visit this link from time to time to stay abreast of any changes that we may make.
SEBI Registered Research Analyst No: INH000002855
Liability
Dhaval P Vyas or its associates or family or relatives shall not be in any way responsible for losses or damages that may arise to any person/prospective client/client – incurred as a result of opinions formed, decisions made and positions taken – based on information or view presented herein or in research services subscribed. Only the user (anyone/prospective client/client) will be responsible for the losses incurred. There can be a substantial loss in stocks/index/futures/options trading. This is not an offer to buy or sell the securities or futures or options index referred therein.
Risk of online service
Depending on many factors like internet service issues at our end, server issues, your location & service provider, government policies – messenger service may be available or not. Subscribers are advised to understand that the services can fail due to failure of hardware, software, and Internet connection.
SEBI Registration: SEBI Registered Research Analyst with registration number INH000002855
Standard Disclaimer: “Registration granted by SEBI, membership with RAASB and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.”
Standard warning: “Investment in securities market are subject to market risks. Read all the related documents carefully before investing.”
Past Performance
Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance.
Links to third-party websites
Links to unaffiliated websites are provided solely as possible useful information for users of this website. We do not have any control over such unaffiliated websites and hence, make no warranties on the accuracy & reliability of those unaffiliated websites. You should note that terms & conditions of usage of links to unaffiliated websites may remain different completely or in part from those applicable to your usage of this site.
Refund Policy:
Payment once made is non-refundable under any circumstances.
Enforceability and Governing Law
Subject to the Jurisdiction of Gandhinagar, Gujarat, India
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Most Important Terms and Conditions (MITC)
1. These terms and conditions, and consent thereon are for the research services provided by the Research Analyst (RA) and RA cannot execute/carry out any trade (purchase/sell transaction) on behalf of the client. Thus, the clients are advised not to permit RA to execute any trade on their behalf.
2. The fee charged by RA to the client will be subject to the maximum of amount prescribed by SEBI/ Research Analyst Administration and Supervisory Body (RAASB) from time to time (applicable only for Individual and HUF Clients).
Note:
2.1. The current fee limit is Rs 1,51,000/- per annum per family of client for all research services of the RA.
2.2. The fee limit does not include statutory charges.
2.3. The fee limits do not apply to a non-individual client / accredited investor.
3. RA may charge fees in advance if agreed by the client. Such advance shall not exceed the period stipulated by SEBI; presently it is one quarter. In case of pre-mature termination of the RA services by either the client or the RA, the client shall be entitled to seek refund of proportionate fees only for unexpired period.
4. Fees to RA may be paid by the client through any of the specified modes like cheque, online bank transfer, UPI, etc. Cash payment is not allowed. Optionally the client can make payments through Centralized Fee Collection Mechanism (CeFCoM) managed by BSE Limited (i.e. currently recognized RAASB).
5. The RA is required to abide by the applicable regulations/ circulars/ directions specified by SEBI and RAASB from time to time in relation to disclosure and mitigation of any actual or potential conflict of interest. The RA will endeavor to promptly inform the client of any conflict of interest that may affect the services being rendered to the client.
6. Any assured/guaranteed/fixed returns schemes or any other schemes of similar nature are prohibited by law. No scheme of this nature shall be offered to the client by the RA.
7. The RA cannot guarantee returns, profits, accuracy, or risk-free investments from the use of the RA’s research services. All opinions, projections, estimates of the RA are based on the analysis of available data under certain assumptions as of the date of preparation/publication of research report.
8. Any investment made based on recommendations in research reports are subject to market risks, and recommendations do not provide any assurance of returns. There is no recourse to claim any losses incurred on the investments made based on the recommendations in the research report. Any reliance placed on the research report provided by the RA shall be as per the client’s own judgement and assessment of the conclusions contained in the research report.
9. The SEBI registration, Enlistment with RAASB, and NISM certification do not guarantee the performance of the RA or assure any returns to the client.
10. For any grievances,
Step 1: The client should first contact the RA using the details on its website or following contact details:
(RA to provide details as per ‘Grievance Redressal / Escalation Matrix’)
Step 2: If the resolution is unsatisfactory, the client can also lodge grievances through SEBI’s SCORES platform at https://scores.sebi.gov.in/
Step 3: The client may also consider the Online Dispute Resolution (ODR) through the Smart ODR portal at https://smartodr.in
11. Clients are required to keep contact details, including email id and mobile number/s updated with the RA at all times.
12. The RA shall never ask for the client’s login credentials and OTPs for the client’s Trading Account Demat Account and Bank Account. Never share such information with anyone including RA.
13. By reading this and by continuing to avail our research services it shall be deemed that You have consented to the following declaration and terms:
You have read and understood the terms and conditions applicable for availing the research services.
You are subscribing to the research services for Your own benefits and consumption, and any reliance placed on the research report provided by the research analyst shall be as per Your own judgement and assessment of the conclusions contained in the research report.
You 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.