Investor Charter in respect of Research Analyst (RA)
A. Vision and Mission Statements for investors
Vision
Invest with knowledge & safety
Mission
Every investor should be able to invest in
right investment products based on
their needs, manage and monitor them to meet their goals, access reports and
enjoy financial wellness.
B. Details of business transacted by the Research
Analyst with respect to the investors.
To publish research report
based on the research activities of the RA.
To provide an independent
unbiased view on securities.
To offer unbiased recommendation, disclosing the financial interests in
recommended securities.
To provide research recommendation, based on analysis of publicly available
information and known observations.
To conduct audit annually.
C. Details of services provided to investors (No
Indicative Timelines)
Onboarding of Clients
Disclosure to Clients
To distribute research reports and recommendations to the
clients without discrimination.
To maintain confidentiality w.r.t publication of the
research report until made available in the public domain.
D. Details of grievance redressal mechanism and how to
access it
In case of any grievance / complaint, an
investor should approach the concerned research analyst and shall ensure that the
grievance is resolved within 30 days.
If the investor’s complaint is not
redressed satisfactorily, one may lodge a complaint with SEBI on SEBI’s SCORES
portal which is a centralized web-based complaints.
redressal system. SEBI takes up the
complaints registered via SCORES with the concerned intermediary for timely
redressal. SCORES facilitates tracking the status of the complaint.
With regard to physical complaints,
investors may send their complaints 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.
E. Expectations from the investors (Responsibilities of
investors)
Do’s
Always deal with SEBI registered Research Analyst.
Ensure that the Research Analyst has a valid registration
certificate.
Check for SEBI registration number.
Please refer to the list of all SEBI registered Research
Analysts which is available on SEBI website in the following link:
https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=14
Always pay attention towards disclosures made in the
research reports before investing.
Pay your Research Analyst through banking channels only
and maintain duly signed
receipts mentioning the details of your payments.
Before buying securities or applying in public offer, check
for the research
recommendation provided by your research Analyst.
Ask all relevant questions and clear your doubts with your
Research Analyst
before acting on the recommendation.
Inform SEBI about Research Analyst offering assured or
guaranteed returns.
Don’ts
Do not provide funds for investment to the Research
Analyst.
Don’t fall prey to luring advertisements or market rumours.
Do not get attracted to limited period discount or other
incentive, gifts, etc. offered by Research Analyst.
Do not share login credentials and password of your trading
and demat accounts with the Research Analyst.