Investor Charter in respect of Research Analyst (RA)
Vision and Mission Statements for Investors
Vision: Invest with knowledge & safety.
Mission: Every investor should be able to invest in the right investment products based on their needs, manage and monitor them to meet their goals, access reports, and enjoy financial wellness.
Details of Business Transacted by the Research Analyst with Respect to the Investors
Publish research reports based on the research activities of the RA.
Provide an independent and unbiased view on securities.
Offer unbiased recommendations, disclosing any financial interests in recommended securities.
Base research recommendations on analysis of publicly available information and known observations.
Conduct audits annually.
Details of Services Provided to Investors (No Indicative Timelines)
Client onboarding
Client disclosure
Distribute research reports and recommendations to clients without discrimination
Maintain confidentiality regarding research reports until made public
Details of Grievance Redressal Mechanism and How to Access It
In case of a grievance/complaint, investors should first approach the concerned research analyst and aim for resolution within 30 days.
If the complaint remains unresolved, investors may lodge a complaint with SEBI through its SCORES portal, a centralized online complaint redressal system. SEBI will then address the complaint with the intermediary for a timely resolution. SCORES allows investors to track the status of their complaint.
For physical complaints, investors can send them 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 analysts.
Verify that the research analyst has a valid registration certificate (check SEBI registration number). Refer to the list of SEBI-registered research analysts on the SEBI website: https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=14
Pay close attention to disclosures made in research reports before investing.
Use only banking channels to pay your research analyst and keep signed receipts with payment details.
Review research recommendations from your research analyst before buying securities or applying in public offerings.
Ask all relevant questions and clear any doubts with your research analyst before acting on recommendations.
Report research analysts offering assured or guaranteed returns to SEBI.
Don'ts
Do not provide investment funds directly to the research analyst.
Do not be swayed by enticing advertisements, market rumors, or limited-time discounts/incentives offered by the research analyst.
Do not share your trading and demat account login credentials with the research analyst.
Vision: Invest with knowledge & safety.
Mission: Every investor should be able to invest in the right investment products based on their needs, manage and monitor them to meet their goals, access reports, and enjoy financial wellness.
Publish research reports based on the research activities of the RA.
Provide an independent and unbiased view on securities.
Offer unbiased recommendations, disclosing any financial interests in recommended securities.
Base research recommendations on analysis of publicly available information and known observations.
Conduct audits annually.
Client onboarding
Client disclosure
Distribute research reports and recommendations to clients without discrimination
Maintain confidentiality regarding research reports until made public
In case of a grievance/complaint, investors should first approach the concerned research analyst and aim for resolution within 30 days.
If the complaint remains unresolved, investors may lodge a complaint with SEBI through its SCORES portal, a centralized online complaint redressal system. SEBI will then address the complaint with the intermediary for a timely resolution. SCORES allows investors to track the status of their complaint.
For physical complaints, investors can send them 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
Always deal with SEBI-registered research analysts.
Verify that the research analyst has a valid registration certificate (check SEBI registration number). Refer to the list of SEBI-registered research analysts on the SEBI website: https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=14
Pay close attention to disclosures made in research reports before investing.
Use only banking channels to pay your research analyst and keep signed receipts with payment details.
Review research recommendations from your research analyst before buying securities or applying in public offerings.
Ask all relevant questions and clear any doubts with your research analyst before acting on recommendations.
Report research analysts offering assured or guaranteed returns to SEBI.
Do not provide investment funds directly to the research analyst.
Do not be swayed by enticing advertisements, market rumors, or limited-time discounts/incentives offered by the research analyst.
Do not share your trading and demat account login credentials with the research analyst.