Most Important Terms & Conditions (MITC)
Fees, conflict of interest, refund policy, and grievance escalation terms governing research services provided by CA Rahul Ranka, as a SEBI Registered Research Analyst.
Entity & Registration
Research Analyst: Rahul Ranka
SEBI Registration No.: INH000021085
Scope of Research Services
These terms and conditions, and consent thereon, are for the research services provided by the Research Analyst (Rahul Ranka), and the RA cannot execute or carry out any trade (purchase/sell transaction) on behalf of the client. Clients are advised not to permit the RA to execute any trade on their behalf.
Fees
The fee charged by the RA (Rahul Ranka) to the client will be subject to the maximum 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 ₹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 or accredited investor.
The RA may charge fees in advance if agreed by the client. Such advance shall not exceed the period stipulated by SEBI; presently, this is one year. In case of premature termination of the RA services by either the client or the RA, the client shall be entitled to seek a refund of proportionate fees only for the unexpired period.
Fees to the RA may be paid by the client through any of the specified modes, such as cheque, online bank transfer, or UPI. Cash payment is not allowed.
- (a) Optionally, the client can make payments through the Centralized Fee Collection Mechanism (CeFCoM) managed by BSE Limited (currently the recognized RAASB).
Conflict of Interest
The RA is required to abide by the applicable regulations, circulars, and directions specified by SEBI and RAASB, from time to time, in relation to disclosure and mitigation of any actual or potential conflict of interest.
- (a) The RA will endeavor to promptly inform the client of any conflict of interest that may affect the services being rendered to the client.
Prohibition on Guaranteed Return Schemes
Any assured, guaranteed, or fixed returns schemes, or any other schemes of a similar nature, are prohibited by law.
- (a) No scheme of this nature shall be offered to the client by the RA.
No Guarantee of Returns or Accuracy
The RA cannot guarantee returns, profits, accuracy, or risk-free investments from the use of the RA's research services.
- (a) All opinions, projections, and estimates of the RA are based on the analysis of available data under certain assumptions as of the date of preparation or publication of the research report.
Investment Risk & Client Responsibility
Any investment made based on recommendations in research reports is subject to market risks, and recommendations do not provide any assurance of returns.
- (a) There is no recourse to claim any losses incurred on the investments made based on the recommendations in the research report.
- (b) 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.
SEBI Registration Disclaimer
The SEBI registration, Enlistment with RAASB, and NISM certification do not guarantee the performance of the RA or ensure any returns to the client.
Grievance Resolution
For any grievances, the following steps apply:
Step 1: Contact the RA Directly
The client should first contact the RA using the details on its website or the contact details below.
- Customer Support Head / CEO :
- Rahul Ranka
- Phone :
- +91 70459 55364
- Email :
- carahulranka108@gmail.com
Step 2: Escalate to SEBI SCORES
If the resolution is unsatisfactory, the client can also lodge grievances through the SEBI SCORES Portal.
Step 3: Online Dispute Resolution (ODR)
The client may also consider the Online Dispute Resolution (ODR) through the SEBI SMART ODR Platform.
Keeping Contact Details Updated
Clients are required to keep their contact details, including email ID and mobile number(s), updated with the RA at all times.
Protecting Your Login Credentials
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 the RA.
Impersonation Fraud & Cyber Crime Reporting
- Cyber Crime Reporting Portal
- Report online financial fraud at the National Cybercrime Helpline number 1930