Investor Charter – SEBI Registered Research Analyst

Investor Charter in respect of Research Analyst (RA)

Each investor ought to possess the ability to choose suitable investment products tailored to their specific requirements, manage and track these investments to fulfil their goals, obtain necessary reports, and experience overall financial health.

The objective is to disseminate a research report that reflects the findings from the research activities conducted by the RA.
To present a fair and independent analysis of securities.
To ensure objective recommendations, it is important to reveal any financial interests associated with the recommended securities.
The objective is to offer research recommendations derived from the analysis of publicly accessible information and established observations.
Annual audits are required to ensure compliance and accuracy.

- Client Enrolments Procedure.
- Disclosure to Clients
  - It is essential to disseminate research reports and recommendations to clients in an equitable manner, ensuring that all clients receive the information without bias.
- To ensure the confidentiality of the research report’s publication until it is officially released to the public.

Should an investor encounter any grievance or complaint, it is advisable to contact the relevant research analyst to ensure that the issue is addressed and resolved within a period of 30 days.
Should the investor’s grievance remain unresolved to their satisfaction, they have the option to file a complaint with SEBI through the SCORES portal, which is a centralized web-based platform for complaints.
The redressal system implemented by SEBI addresses complaints submitted through SCORES by engaging the relevant intermediary to ensure prompt resolution. SCORES also provides a mechanism for monitoring the progress of the complaint.
Investors who have physical complaints are encouraged to direct their concerns to the Office of Investor Assistance and Education at the Securities and Exchange Board of India (SEBI). The office is located at SEBI Bhavan, Plot No. C4-A, ‘G’ Block, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051.

It is essential to engage exclusively with Research Analysts who are registered with SEBI.
It is essential to verify that the Research Analyst possesses a valid registration certificate.
Verify the SEBI registration number.
Kindly consult the list of all Research Analysts registered with SEBI, which can be found on the SEBI website at the following link: https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=14
It is essential to carefully consider the disclosures presented in research reports before making any investment decisions.
Ensure that payments to your Research Analyst are made solely via banking channels, and keep signed receipts that clearly outline the details of these transactions.
Prior to purchasing securities or submitting an application for a public offering, it is advisable to review the research recommendations provided by your research analyst.
It is essential to pose all pertinent inquiries and resolve any uncertainties with your Research Analyst prior to implementing the recommendation.
Alert SEBI to the activities of Research Analysts that are offering guaranteed or assured returns.

It is recommended that no funds be provided for investment to the Research Analyst.
Do not allow yourself to be deceived by alluring advertisements or circulating market gossip.
It is advisable to refrain from being swayed by time-sensitive discounts or other promotional offers, such as gifts, presented by the Research Analyst.
Please ensure that you do not provide your login credentials and passwords associated with your trading and demat accounts to the Research Analyst.