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Refund & Liability Policy

Either party may terminate the advisory agreement by providing thirty (30) days' prior written notice.

Any advance fees paid shall be refunded in accordance with the refund policy mentioned below.

1. Refund Policy

  • Fees shall be charged on a pro-rata basis for the period services have been rendered.
  • Any outstanding dues shall become immediately payable by the client.
  • In cases where fees have been received in advance for future periods, the Investment Adviser may retain up to one quarter of the agreed fees as a breakage fee, and the balance, if any, shall be refunded.
  • Fees charged for any specific task or service are non-refundable once the advice or service has been delivered.

2. Processing Time

Approved refunds, if applicable, will be processed within a period of 10 working days from the date of approval and shall be credited to the original payment method.

3. No Guarantee of Returns

Investment advisory services are provided on a best-effort basis. The Investment Adviser does not guarantee any returns or capital protection. Refunds are not issued based on market losses or disagreement with the advice

4. Limitation of Liability

As per applicable regulations, the Investment Adviser shall not be held liable for any losses incurred by the client due to:

  • Market fluctuations
  • Decline in the value of assets
  • Non-performance or underperformance of securities/funds
  • Any other market-related factors
  • All investment decisions made by the client based on the advice are at the client's own discretion and risk.

5. Regulatory Compliance

This policy is framed in accordance with applicable guidelines and regulations issued by the Securities and Exchange Board of India (SEBI).