Investor Charter

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Annexure- A

Investor Charter in respect of Investment Adviser (IA)
  1. 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.
  2. Details of business transacted by the Investment Adviser with respect to the investors
    • To enter into an agreement with the client providing all details including fee details, aspect of Conflict of interest disclosure and maintaining confidentiality of information.
    • To do a proper and unbiased risk – profiling and suitability assessment of the client.
    • To obtain registration with Know Your Client Registration Agency (KRA) and Central Know Your Customer Registry (CKYC).
    • To conduct audit annually.
    • To disclose the status of complaints in its website.
    • To disclose the name, proprietor name, type of registration, registration number, validity, complete address with telephone numbers and associated SEBI regional/local Office details in its website.
    • To employ only qualified and certified employees.
    • To deal with clients only from official number
    • To maintain records of interactions, with all clients including prospective clients (prior to onboarding), where any conversation related to advice has taken place.
  3. Details of services provided to investors (No Indicative Timelines)
    • Onboarding of Clients
      • Sharing of agreement copy
      • Completing KYC of clients
    • Disclosure to Clients
      • To provide full disclosure about its business, affiliations, compensation in the agreement.
      • To not access client’s accounts or holdings for offering advice.
      • To disclose the risk profile to the client.
    • To provide investment advice to the client based on the risk-profiling of the clients and suitability of the client.
  4. Details of grievance redressal mechanism and how to access it
    1. In case of any grievance / complaint, an investor should approach the concerned Investment Adviser and shall ensure that the grievance is resolved within 30 days.
    2. 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.
    3. 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.
  5. Expectations from the investors (Responsibilities of investors) Do’s
      1. Always deal with SEBI registered Investment Advisers.
      2. Ensure that the Investment Adviser has a valid registration certificate.
      3. Check for SEBI registration number. Please refer to the list of all SEBI registered Investment Advisers which is available on SEBI website in the following link: https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=13.
      4. Pay only advisory fees to your Investment Adviser. Make payments of advisory fees through banking channels only and maintain duly signed receipts mentioning the details of your payments.
      5. Always ask for your risk profiling before accepting investment advice. Insist that Investment Adviser provides advisory strictly on the basis of your risk profiling and take into account available investment alternatives.
      6. Ask all relevant questions and clear your doubts with your  Investment  Adviser before acting on advice.
      7. Assess the risk-return profile of the investment as well as the liquidity and safety aspects before making investments.
      8. Insist on getting the terms and conditions in writing duly signed and stamped. Read these terms and conditions carefully particularly regarding advisory fees, advisory plans, category of recommendations etc. before dealing with any Investment Adviser.
      9. Be vigilant in your transactions.
      10. Approach the appropriate authorities for redressal of your doubts / grievances.
      11. Inform SEBI about Investment Advisers offering assured or guaranteed returns.
    Don’ts
    1. Don’t fall for stock tips offered under the pretext of investment advice.
    2. Do not provide funds for investment to the Investment Adviser.
    3. Don’t fall for the promise of indicative or exorbitant or assured returns by the Investment Advisers. Don’t let greed overcome rational investment decisions.
    4. Don’t fall prey to luring advertisements or market rumors.
    5. Avoid doing transactions only on the basis  of  phone  calls  or  messages  from any Investment adviser or its representatives.
    6. Don’t take decisions just because of repeated messages and calls by Investment Advisers.
    7. Do not fall prey to limited period discount or other incentive, gifts, etc. offered by Investment advisers.
    8. Don’t   rush   into   making  investments   that   do  not   match   your   risk    taking appetite and investment goals.
    9. Do not share login credential and password of your trading and demat accounts with the Investment Adviser.

Annexure- B

Complaint Data to be displayed by IAs Formats for investors complaints data to be disclosed monthly by IAs on their website/mobile application: Data for the month ending – 30 April 2024
Sr. No. Received from Pending at the end of last month Received Resolved* Total Pending# Pending complaints > 3 months Average Resolution time ^ (in days)
1 Directly from Investors 0 0 0 0 0 0
2 SEBI (SCORES) 0 0 0 0 0 0
3 Other Sources (if any) 0 0 0 0 0 0
Grand Total 0 0 0 0 0 0
^ Average Resolution time is the sum total of time taken to resolve each complaint in days, in the current month divided by total number of complaints resolved in the current month. Trend of monthly disposal of complaints
Sr. No. Month Carried forward from previous month Received Resolved* Pending#
1 January 2023 0 0 0 0
2 February 2023 0 0 0 0
3 March 2023 0 0 0 0
4 April 2023 0 0 0 0
5 May 2023 0 0 0 0
6 June 2023 0 0 0 0
7 July 2023 0 0 0 0
8 August 2023 0 0 0 0
9 September 2023 0 0 0 0
10 October 2023 0 0 0 0
11 November 2023 0 0 0 0
12 December 2023 0 0 0 0
13 January 2024 0 0 0 0
14 February 2024 0 0 0 0
15 March 2024 0 0 0 0
16 April 2024 0 0 0 0
Grand Total 0 0 0 0
*Inclusive of complaints of previous months resolved in the current month. #Inclusive of complaints pending as on the last day of the month. Trend of annual disposal of complaints
SN Year Carried forward from previous year Received Resolved* Pending#
1 2020-21 0 0 0 0
2 2021-22 0 0 0 0
3 2022-23 0 0 0 0
4 2023-24 0 0 0 0
Grand Total 0 0 0 0
*Inclusive of complaints of previous years resolved in the current year. #Inclusive of complaints pending as on the last day of the year.

Annexure- C

Compliant redressal and scores to be mentioned on website Client’s queries/complaints may arise due to lack of understanding or a deficiency of service experienced by clients. Deficiency of service may include lack of explanation, clarifications, understanding which escalates into shortfalls in the expected delivery standards, either due to inadequacy of facilities available or through the attitude of staff towards client.
  1. Clients can seek clarification to their query and are further entitled to make a complaint in writing, orally or telephonically. An email may be sent to the Client Servicing Team on gorakhkadam@gmail.com. Alternatively, the Investor may call on 9373004167. The client can expect a reply within 10 business days of approaching the Investment Advisor.
  2. A letter may also be written with their query/complaint and posted at the below mentioned address: S 86 Destination Center, Nanded City, Pune – 411041.
  1. In case you are not satisfied with our response you can lodge your grievance with SEBI at http://scores.gov.in or you may also write to any of the offices of SEBI. SCORES may be accessed through SCORES mobile application as well, same can be downloaded from below link: https://play.google.com/store/apps/details?id=com.ionicframework.sebi236330
If you are not satisfied with the response, you can contact SEBI through their Grievance Redressal Portal at http://scores.gov.in or you may also write to any Offices of SEBI.

Phone- +91 70205 91207, +91 93730 04167
Email – ria@gorakhkadam.com, gorakhkadam@gmail.com

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