Know Your Client (KYC)

Intermediary
Application Form (For Individuals Only) CDSL VENTURES LIMITED
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….Exploring New Horizons

Please fill the form in ENGLISH and in BLOCK letters

Fields marked * are mandatory Application Number:

+
Fields marked are pertaining to CKYC and mandatory only if processing CKYC
also Application Type*:  New KYC 
✔ Modification KYC

KYC Mode*: Please Tick (✓)

Normal EKYC OTP EKYC Biometric Online KYC Offline EKYC ✔ Digilocker

1. Identity Details (please refer guidelines overleaf)

PAN* AETPV9093F Please enclose a duly attested copy of your PAN Card
____________________________
MR KAMAL VERMA
Name* (same as ID proof)
Maiden Name+ (if any)
Fathers/Spouse’s Name* MR RAKESH VERMA

Date of Birth* 18/12/1975

Gender* ✔ Male Female Transgender

Marital Status* Single ✔ Married Recent passport size
Nationality* ✔ Indian Other Applicant Photo

Residential Status* ✔ Resident Individual Non Resident Indian

Please Tick (✓)
Foreign National Person of Indian Origin+
Cross Signature across photograph

(Passport mandatory for NRIs and Foreign Nationals. PIO selection is only for CKYC and not for KRA KYC.
Select NRI or Foreign National based on Nationality of the individual)

Proof of Identity (POI) submitted for PAN exempted cases (Please tick)
A — Aadhaar Card XXXX XXXX __ __ __ __
(Expiry Date)
B — Passport Number
C — Voter ID Card
(Expiry Date)
D —Driving License
E —NREGA Job Card
F — NPR
Z —Others (any document notified by Central Government)

Identification Number
2. Address Details* (please refer guidelines overleaf)
A. Correspondence/ Local Address*
Line 1* S/O: RAKESH VERMA, 544KA/366, BALAGANJ, BANSHI VIHAR

Line 2 CAMPWELL ROAD, LUCKNOW, 226003, LUCKNOW, UTTAR PRADESH,

Line3 INDIA

City/Town/Village* LUCKNOW District* LUCKNOW Pin Code* 226003

State* UTTAR PRADESH Country* INDIA

Address Type* Residential/Business ✔ Residential Business Registered Office Unspecified

Applicant e-SIGN

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B. Permanent residence address of applicant, if different from above A / Overseas Address* (Mandatory for NRI Applicant)
Line 1* S/O: RAKESH VERMA, 544KA/366, BALAGANJ, BANSHI VIHAR

Line 2 CAMPWELL ROAD, LUCKNOW, 226003, LUCKNOW, UTTAR PRADESH,

Line3
INDIA
City/
LUCKNOW LUCKNOW 226003
Town/Village* District* Pin Code*
UTTAR PRADESH INDIA
State* Country*
Address Type* Residential/Business ✔ Residential Business Registered Office Unspecified
Proof of Address* (attested copy of any 1 POA for correspondence and permanent address each to be submitted)
✔ A — Aadhaar Card 5663
XXXX XXXX __ __ __ __
B — Passport Number (Expiry Date)

C — Voter ID Card
(Expiry Date)
D —Driving License
E —NREGA Job Card
F — NPR Letter
Z—Others (any document notified by Central Government)

Identification Number

3. Contact Details (in CAPITAL)

Email ID* kv799552@gmail.com
________________________________________________________________________________________
Mobile No. * _____
91 8924909913
____________________________
Tel (Off) _____ ____________________________ Tel (Res) _____ ____________________________

4. Applicant Declaration
I/We hereby declare that the KYC details furnished by me are true and correct to Applicant e-SIGN Applicant Wet Signature
the best of my/our knowledge and belief and I/we under-take to inform you of any
changes therein, immediately. In case any of the above information is found to be
false or untrue or misleading or misrepresenting, I am/We are aware that I/We
may be held liable for it.
I/We hereby consent to receiving information from CVL KRA through SMS/Email on
the above registered number/Email address.
I am/We are also aware that for Aadhaar OVD based KYC, my KYC request shall be
validated against Aadhaar details. I/We hereby consent to sharing my/our masked
Aadhaar card with readable QR code or my Aadhaar XML/Digilocker XML file, along
with passcode and as applicable, with KRA and other Intermediaries with whom I
have a business relationship for KYC purposes only.
21/04/2025
DATE: _________________________ (DD-MM-YYYY)
GURGAON
PLACE: _______________________________________

5. For Office Use Only

In-Person Verification (IPV) carried out by* Intermediary Details*

IPV Date 21/04/2025 Self certified document copies received (OVD)

Emp. Name SUDHA VERMA

True Copies of documents received (Attested)
AMC / Intermediary Name :
Emp. Code 15170093
BANAYANTREE SERV LTD
Emp. Designation VERIFYING OFFICER

Employee Signature and Stamp Institution Name and Stamp

2
Proof of Identity / PAN (mandatory)

5
Proof of Address (mandatory)

6
Applicant Wet Signature Page (mandatory)

7
 Agreement for
Advisory Services

Before proceeding with viewing, reading, understanding and execution of the agreement for the
Advisory services between the client MR KAMAL VERMA and
Investment Adviser (“IA”) i.e. Banayantree Services Limited (“ET Money Genius” or “Genius” or
“Banayantree”), parties hereby consent, confirm and declare the statements, information or facts as stated
hereinafter:

Declaration by Client
a) I have read and understood the terms and conditions of Investment Advisory services provided by
Investment Adviser along with the fee structure and the mechanism for charging and payment of fee.
b) Based on our written request to the Investment Adviser, an opportunity was provided by the Investment
Adviser to ask questions and interact with ‘person(s) associated with the investment advice’.
c) I hereby consent to receive and access all information about products and services, including but not
limited to the risk-return profile of investment strategies/solutions offered under Investment Advisory
services, to help me make informed investment decisions.
d) I hereby understand that the actual rendering of any investment advice will commence only after
subscribing to a membership plan from the plans available under ET Money Genius.
e) In addition to the terms and conditions mentioned herein, I have also read and understood the Terms of
Use, User Declaration, Genius Terms & Conditions, Privacy Policy and other relevant policy as applicable
for using “ET Money” and shall abide by the same.
Declaration by ET Money Genius
a) ET Money Genius shall neither render any investment advice nor charge any fee until the client has
signed this agreement.
b) ET Money Genius will not manage funds and securities, on behalf of the client, and that it shall only
receive such sums of monies from the client as are necessary to discharge the client’s liability towards
fees/charges owed to the ET Money Genius.
c) ET Money Genius shall not, in the course of performing its services to the client, hold out any investment
advice implying any assured returns or minimum returns, or target return or percentage accuracy or
service provision till achievement of target returns or any other nomenclature that gives the impression
to the client that the investment advice is risk-free and/or not susceptible to market risks and or that it
can generate returns with any level of assurance.

Fees Specified under Investment Adviser Regulations (IA Regulations):

The maximum fees that may be charged under Assets under Advice (AUA) mode shall not exceed 2.5
percent of AUA per annum per client for services offered by ET Money Genius. The maximum fees that
may be charged under Fixed fee mode shall not exceed INR 1,51,000 per annum per client or such fee as
may be prescribed by SEBI from time to time.

Fees Charged by ET Money Genius :

ET Money Genius shall charge the fees for rendering its Investment Advisory services on basis of
membership plan chosen or changed/modified by the Client from time to time as available on ET Money
platform. The subscription fees (exclusive of applicable taxes) for respective membership plans, as on the
date of signing this agreement, are outlined below:

S. No. Membership Plan Fixed Fees (in Rupees)

1 Investing Essentials ₹ 999 Annually

2 Genius Mutual Funds ₹ 249 per month.
3 Genius Stocks ₹ 349 per month.
4 Genius Mutual Funds and Stocks (2 in One) ₹ 399 per month.
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 Agreement for
Advisory Services
THIS AGREEMENT is executed on 21st Apr 2025 between Banayantree Services L imited (hereinafter
referred to as “ “ET Money Genius” or “Genius” or “Banayantree”) incorporated under the Companies
Act, 2013, CIN: U67190DL2016PLC300962 having registered office at Express Building, 9-10, Bahadurshah
Zafar Marg, New Delhi -110002, India and corporate office at Plot No. 391, Udyog Vihar, Phase III,
Gurgaon -122016, Haryana, India, which expression shall unless it be repugnant to the context or
meaning thereof shall be deemed to mean and include its successors and assigns of the one part;
AND
an individual resident having
Name: MR KAMAL VERMA
PAN: AETPV9093F
Address: As per the records of the Banayantree Services Limited/KRA (hereinafter referred to as “Client”) of
the other part.
ET Money Genius and CL IENT are hereinafter collectively referred to as “Parties” and individually as
“Party”.

WHEREAS:

A. ET Money Genius holds a certificate of registration under the IA Regulations bearing Registration No.
INA100006898 which is valid perpetually and is carrying on the business of providing investment advisory
services. The ET Money Genius has the requisite knowledge and expertise in providing investment related
advice and being eligible to provide investment advisory services.

B. The Client is desirous of seeking non-exclusive, non-binding advice and recommendations pertaining to
suitable financial/investment planning and allied services including but not limited to portfolio
review/construction from the ET Money Genius in accordance with this Agreement.

C. The Parties are now desirous of entering into this Agreement, inter alia, to record the arrangement and
understanding between them on the terms and conditions and in the manner set forth in this Agreement.

NOW, THEREFORE, IN CONSIDERATION OF THE FOREGOING AND THE MUTUAL COVENANTS AND
AGREEMENTS HEREIN SET FORTH, THE PARTIES COVENANT AND AGREE AS FOLLOWS:

I. Definitions

“Applicable Laws” shall mean any applicable statute, law, ordinance, regulation, circular, notification,
rule, order, bye-law, administrative interpretation, writ, injunction, directive, judgment or decree or other
instrument which has a force of law, as is in force from time to time, including the IA Regulations.

“Assets under Advice” shall mean the aggregate net asset value of Securities and investment products for
which ET Money Genius has rendered Investment Advice irrespective of whether the implementation
services are provided by ET Money Genius or concluded by the Client directly or through other service
providers.

“Consideration” means any form of economic benefit including non-cash benefit, received or receivable
for providing investment advice.

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 Agreement for
Advisory Services

“Easy Pay” is the mandate given by the Client to ET Money Genius for giving payment instructions to their
respective banks, on Client’s behalf

“ET Money Platform” means the Mobile Application namely ET Money.

“Financial Planning” shall include analysis of clients’ current financial situation, identification of their
financial goals and developing and recommending financial strategies to realize such goals.

“IA Regulations” shall mean Securities and Exchange Board of India (Investment Advisers) Regulations,
2013, as amended and modified from time to time and including any circulars/notifications issued
pursuant thereto.

“Investment Advice” means non-binding, non-exclusive and investment advisory services / Investment
advice relating to investing in, purchasing, selling or otherwise dealing in securities or investment
products, and advice on investment portfolio containing securities or investment products, whether
written, oral or through any other means of communication for the benefit of the client and shall include
financial planning provided that investment advice given through newspaper, magazines, any electronic
or broadcasting or telecommunications medium, which is widely available to the public shall not be
considered as investment advice for the purpose of this agreement.

“Investment Product” shall mean and include all financial instruments that are regulated by any
financial sector regulator in India.

“Securities” has the same definition as given under Section 2(h) of the Securities Contract (Regulation)
Act 1956.

“Suitability” means suitability determined through combination of ideal/minimum recommended

investment horizon for the securities or portfolio of securities, client's estimated maximum tolerable
volatility in returns for the said investment horizon as well as corresponding estimated volatility in returns
from investment in said securities,

II. APPOINTMENT OF INVESTMENT ADVISER

a) In accordance with the Applicable Laws, the Client hereby appoints, entirely at his/her/its risk, ET Money
Genius to provide it’s Services in accordance with the terms and conditions of this Agreement.

b) ET Money Genius hereby accepts its appointment and agrees to assume the rights, obligations,
responsibilities and duties set forth herein.

III. SCOPE OF SERVICE

a) ET Money Genius shall provide its Investment Advisory services to the client as per suitability of the
client, after obtaining and analyzing all the required information as is necessary from the client including
Risk profile and post completion of all KYC (Know Your client) and payment formalities. Such investment
advice may include but not limited to advice of buying, selling or holding with respect to existing or new
securities/investments products.

b) While ET Money Genius will render its Services, the discretion to execute the transactions and
responsibility for execution and settlement of the transactions shall lie solely with the Client.
IV. FUNCTIONS OF ET MONEY GENIUS
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 Agreement for
Advisory Services
a) ET Money Genius will comply with all eligibility criteria as applicable to Investment advisors at all points
of time.

b) ET Money Genius will provide the Client with reports on potential and current investments.

c) ET Money Genius will maintain records i.e. client- wise KYC, risk assessment, analysis reports of
investment advice and suitability , terms and conditions document, related books of accounts and a
register containing the list of clients along with dated investment advice and its rationale in compliance
with the Securities and Exchange Board of India (Investment Advisers) Regulations, 2013 as applicable.

d) ET Money Genius will get its account audited every year or for the period defined by the regulator,
whichever is earlier

e) ET Money Genius undertakes to abide by the code of conduct as specified in Third Schedule of Securities
and Exchange Board of India (Investment Advisers) Regulations, 2013 or any amendments or
modifications thereof.

f) ET Money Genius may/will obtain from the client, requisite information for the purpose of giving
investment advice, including age, investment objectives, time for which the clients wish to stay invested,
income details, existing investments/ assets, risk appetite/ tolerance, liability/borrowing details etc.

V. COVENANTS AND OBLIGATIONS OF CLIENT

a) Client shall not disclose any advice provided by ET Money Genius to any third party. ET Money Genius
shall not be responsible for any losses that may be suffered by the client or such party as a result of the
disclosure of such advice by the client.

b) The Client understands that the Investment advice is not exclusive in nature and all rebalancing and
additional investments are part of the Investment advice.

c) The Client acknowledges and agrees that any modifications or alterations made to the implementation
of investment advice provided by ET Money Genius may result in inaccurate or misrepresented data,
information, or reports, financial losses, for which ET Money Genius shall not be held responsible or
liable in any manner.

d) While availing the Services rendered by ET Money Genius, Client shall not use, sell, distribute, publish,
broadcast, circulate, reproduce, retransmit, make any additions, modifications, tamper, disseminate,
exploit (whether for commercial benefit or otherwise) any Material/information obtained from/through
or provided by ET Money Genius in any manner whatsoever.

e) The Client agrees to comply on a timely basis with any requests for furnishing details or information,
either by filling out questionnaires provided, or by providing other information and/or documents that
the ET Money Genius may reasonably request, in order to enable the ET Money Genius to perform its
duties under this Agreement.

f) The Client agrees to execute such papers, declaration, consents and/or cause the same executed by
Client that the ET Money Genius may reasonably request, in order to enable the ET Money Genius to
perform its duties under this Agreement including meeting the requirements under Applicable Laws
and/or, requirements of third party service providers, if any.

g) Client hereby warrants not acting in a way that will violate, infringe, prejudice or in any way affect ET
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 Agreement for
Advisory Services
Money Genius and/or ETMONEY’s intellectual property rights and shall take all necessary measures to
preserve and protect these intellectual property rights.

h) Client shall be responsible for the systems/platform used by him/her with respect to dealings with ET
Money Genius and for various security measures which he/she have to take to prevent unauthorized
access and ET Money Genius shall not be liable for any such unauthorized access.

i) Client shall comply with all Applicable laws and solely responsible for the violation of applicable laws,
terms and conditions and consequences arising out of the same.

j) Client hereby absolves ET Money Genius from any responsibility for implementing investment advice
and confirms that ET Money Genius not charged any fee for such services.

k) The Client shall, during the currency of this Agreement, not avail distribution services of SEBI-regulated
products/services from the Banayantree Services Limited and/or its group entities.

l) Client understands and agrees that investing in securities/investment products recommended by ET

Money Genius is subject to market risk and other risks and will not hold ET Money Genius and or its
Group Companies/ Directors/ Employees responsible/liable for any loss or damage arising pursuant to
acting on such advice.

m) Client understands and agrees to promptly notify any material change in the information provided
earlier to ET Money Genius including any change related to personal information as failure to provide
updated information may adversely affect the advice. Further, Client grants ET Money Genius the
absolute right to take appropriate actions including the freezing/suspension of Client’s account or
rejection of any request or any other action upon sharing of any false/wrong/misleading information.

n) Client understands and agrees that any communications issued by ET Money Genius otherwise than the
investment advice are solely intended for informational, educational, and knowledge purposes and
Client hereby agree that any actions taken based on such informational communication shall be sole
responsibility of Client and ET Money Genius will not be held liable for any consequences arising
therefrom.

o) Client hereby agrees that neither ET Money Genius nor any of its Affiliates/group companies its
directors/employees/officials shall be liable for any loss or damage or impact pursuant to the Investment
Advice and it will be the Client's responsibility to make an independent assessment as to whether to act
upon such investment advice or not.

p) Client understands and acknowledges that ET Money Genius may take services of the third
party(s)/vendors/suppliers of information/service providers/partners/co-creators for the act and the
fulfillment of obligations under this agreement.

q) ET Money Genius may, at Client request, refer him/her to other business segment of Banayantree,
service providers, stock brokers or other intermediaries or Financial Institutions (collectively hereinafter
referred to as "Intermediaries") who may facilitate or provide services to enable client to implement any
advice or recommendation made by ET Money Genius in respect of Products. Client confirms that
he/she shall independently evaluate the services and capabilities of such referred Intermediaries and
he/she shall enter into a contract for services at his/her sole discretion, judgment, and opinion directly
with them.

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 Agreement for
Advisory Services
r) The Client acknowledges and agrees that the implementation services offered by ET Money Genius are
provided solely to assist the Client. The Client may, at its sole discretion, decide to act or not to act on
the advice rendered through his/her own trading account. ET Money Genius is under no obligation to
offer these services, and shall not be held responsible or liable for providing them. The ET Money Genius
shall not have any liability towards the Client in respect of the implementation Services rendered.

s) The Client acknowledges that the Investment Advice pursuant to this Agreement is meant for the Client
only. The Client further acknowledges that sharing, publishing or commercial use of the Investment
Advice provided under this Agreement is strictly prohibited. The Client is, however, permitted to share
the Investment Advice with its employee, agents, consultants, family members and advisors purely on a
need-to-know basis.

t) The client shall take all necessary steps to ensure that his/her system is updated with the relevant
security features to ensure safety and confidentiality of its ID, password, and ensure that it accesses ET
Money platform in a safe and secured manner.

VI. COVENANTS AND OBLIGATIONS OF ET MONEY GENIUS

a) ET Money Genius shall maintain an arms-length relationship between its activities as an Investment
Advisor and other activities. ET Money Genius offers its services on ET Money Platform that is also used
by other business segments/activities like dealing in various products including AMFI registered Category
1 Execution Only Platform for Direct Mutual Funds, insurance products, NPS and other third-party
financial and credit products, through its non-advisory Division.

b) ET Money Genius shall comply with all the applicable laws including but not limited to acts related to its
Functions, obligations, duties and responsibilities of the ET Money Genius (including principal officer and
all persons associated with the investment advice), as per provisions as required to comply including all
Terms of compliance with the Securities and Exchange Board of India (Investment Advisers) Regulations,
2013 and its amendments, rules, circulars and notifications.

c) ET Money Genius shall act in a fiduciary capacity towards the Client. In providing services to the
Client, ET Money Genius shall exercise reasonable business judgment and will use all due care,
diligence, and skill.

d) ET Money Genius shall make such disclosures to the Client from time to time as are required by it under
the applicable laws.

e) ET Money Genius will disclose all conflicts of interest as and when they arise and not derive any direct or
indirect benefit out of the client’s securities/investment products.

f) ET Money Genius does not, directly or indirectly, assures, warrant or guarantee any minimum returns or
any appreciation in the value of the Securities or accuracy in the investment advice which it gives.

g) ET Money Genius represents that they shall not provide investment advisory services, for securities and
investment products, either directly or through their group to the distribution client.
ET Money Genius may provide/offer implementation services which are optional in nature to its Advisory
clients and without any consideration.

VII. INVESTMENT OBJECTIVES AND GUIDELINES

a) ET Money Genius may provide investment advice on the instruments covered under the definition of
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 Agreement for
Advisory Services
securities especially on mutual funds; shares and other related instruments or any other
products/services as may be permitted under applicable IA regulations and guidelines. ET Money Genius
shall recommend advice related to securities under the purview of SEBI through direct schemes wherever
available.

b) ET Money Genius declares that the financial plan or investment advice is on the basis of risk profile of the
client and the same is communicated after Investor Personality assessment as well as displayed on the ET
Money platform.

c) ET Money Genius is not providing any tax, legal or accounting advice. Any tax related aspect pertaining to
Investment Advice which the Investment Adviser may provide is for informational purposes only and is
not intended to provide and should not be relied on for tax, legal or accounting advice. ET Money Genius
recommends that Client to obtain his/her own independent legal and tax advice for tax related aspects
pertaining to investment advice.

VIII. RISK FACTORS

a) Investments in the securities market are subject to market risks. The ET Money Genius suggests potential
strategies to help achieve financial goals; however, they are not the only options and do not guarantee
specific targets or returns. Any estimates for return on investment, volatility, drawdowns or resulting goal
achievement or corpus creation are based on past economic/market conditions and assumptions until the
time of advisory generation or investment recommendations, and actual results may vary. It is specifically
clarified that all estimates and assumptions not limited to returns or any financial metric provided within
the ET Money Platform are purely indicative, and are meant for illustrative/ planning /Client’s own
evaluation purposes only. The proposed plan is subject to execution risks and may or may not materialize
as anticipated. ET Money Genius shall bear no liability for any deviations, discrepancies, or variances from
the projections or estimations originally provided during the course of rendering advisory services.

b) The advised portfolios or investment securities are derived from past performance, quantitative
simulations and illustrative forward-looking projections for the planned investments through Quantitative
Modeling and are subject to Approximation errors, reliance on past available data (which may be
incomplete or inaccurate), inability to anticipate all risks or extreme scenarios in real-world environments,
variances between simulated outcomes and actual performance.

c) The Client expressly acknowledges and agrees that ET Money Genius, on a best-effort basis, strives to
bridge the gap between planned and actual outcomes through diligent recommendations. However, such
efforts may not necessarily result in outcomes favorable to or aligned with the Client's desired objectives.

d) The Client acknowledges that Investment Advice under this Agreement is subject to various risk factors
such as markets, currency, economic, political and business risks including but not limited to price and
volume volatility in the stock markets, interest rates, currency exchange rates, foreign investments,
changes in government policies, taxation, political, economic or other developments.

e) The Client expressly acknowledges and agrees that nothing in this Agreement, nor the actual provision of
services through the use of the ET Money app/platform, or any communication from ET Money Genius,
constitutes a warranty or guarantee by ET Money Genius or any third-party service provider regarding the
success of any investment advice provided under this Agreement. Furthermore, ET Money Genius and any
third-party service provider do not, in any manner, assure or guarantee any minimum returns on the
Client's assets, nor the preservation of capital/assets or the liquidity of any investments.

f) For a detailed overview of the risks involved in instruments being advised, kindly refer to Schedule A.
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 Agreement for
Advisory Services

IX. VALIDITY OF ADVISORY SERVICES

This Agreement shall become effective as of the date of its execution and shall continue in full force and
effect unless terminated.

X. AMENDMENTS
a) Any amendment to this Agreement shall only be valid and binding upon the Parties if concluded in writing
and signed or agreed by the Parties mutually. Any amendment or modification to be made in agreement
can be made through addendum/email/letter by both parties digitally including OTP consent,
digital/electronic signatures, email confirmations consented through terms etc. or any other means of
communication. Each party agrees and understands that such addendum/email/letter will form part and
parcel of this agreement.

b) ET Money Genius also reserves the right to amend this agreement exclusively for compliance of
applicable IA regulations and guidelines at any time by giving reasonable notice to the client.

c) Furthermore, this agreement will stand amended in order to incorporate provision mandated under the
agreement by the SEBI/ Administration and Supervision Authority/Government authorities/ any law
enforcing agencies of India in the future.

XI. TERMINATION
a) This Agreement may be terminated under the following circumstances, namely-

● Voluntary / mandatory termination by the ET Money Genius.

● Voluntary / mandatory termination by the client.
● Suspension/Cancellation of registration of ET Money Genius by SEBI.
● Any other action taken by other regulatory body/ Government authority.

b) In case of voluntary termination of the agreement, either party would be required to give a 30-day prior
written notice to the other party or the said notice shall be sent to the other party through courier/post
and/or email.

c) In case of suspension of the SEBI’s certificate of registration of the Investment Advisor, the agreement
shall be treated as termination by force.

d) In case of breach of any covenants, representation and warranties by Client, ET Money Genius reserves
the right to terminate the agreement without any prior notice.

e) Upon termination, the Client shall no longer be considered an Investment Advisory client of ET Money
Genius or at the Group level, and shall be reclassified as a prospect for distribution services, if any,
provided by ET Money or its various business segments, as well as its Group entities. Any membership
plan the Client has subscribed to shall be automatically canceled, and access to or provision of Investment
Advice will be suspended immediately.

XII. IMPLICATIONS OF AMENDMENTS AND TERMINATION

a) The amended, modified or waived terms and conditions, under Clause XI of this Agreement, shall
prospectively apply as if the same were expressly incorporated herein.

b) In case, agreement is terminated by the client, a maximum breakage fee of one quarter shall be charged
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 Agreement for
Advisory Services
and remaining fees for the unexpired period shall be refunded by the ET Money Genius on Pro rata basis.

c) Post termination, ET Money Genius will only stop rendering Advisory services for the investments;
however, Client can redeem its investment through ET Money Genius’s platform.

d) The termination of the services shall be without prejudice to the rights and obligations of the Parties
which have arisen on or prior to the effective date of termination, including but not limited to discharge
by the Client of the Fees payable to the ET Money Genius.

XIII. RELATIONSHIP WITH RELATED PARTIES

a) The ET Money Genius declares that it is carrying on its activities independently, at an arms-length basis
with its related parties.

b) Client acknowledges that the Banayantree or its affiliates (the "Interested Parties" and each an
"Interested Party") may be involved in other financial, investment or other professional activities which
may on occasion cause conflicts of interest with the Service being provided to the Client. These include
serving as directors, officers, advisers, or agents of other companies, which may form part of the Client’s
portfolio. Where a conflict arises, the Investment Advisor shall endeavor to ensure that it is promptly
disclosed to the Client and if required, resolved fairly. Any Interested Party may contract or enter into
any financial or other transaction with any of the clients or with any entity whose securities are held by
any Client, directly or indirectly, or be interested in any contract or transaction with such entities.

c) The ET Money Genius, as well as its directors, shareholders, employees, officers and representatives
shall, on a best-efforts basis, avoid any conflicts of interest situations in relation to the performance of
the Services for the Client. In case there is any conflict of interest situation with regard to the
performance of the Services, the ET Money Genius shall ensure fair treatment on an arms’ length basis
to the Client. The ET Money Genius shall not place its personal interest above that of the Client’s.

XIV. INVESTMENT ADVISER ENGAGED IN OTHER ACTIVITIES

ET Money Genius hereby represents that it will not offer any distribution services for SEBI-regulated
investment products, either directly or through its group entities, once the Client becomes an
Investment Advisory client. SEBI-regulated products that were already distributed by other business
divisions within Banyantree or through group entities prior to the Client joining ET Money Genius may
continue to generate revenue for those entities as long as the Client holds those products. Furthermore,
ET Money Genius represents that it will not provide investment advisory services for securities and
investment products, either directly or through its group entities, to distribution clients.

ET Money Genius may, however, provide advisory services on financial instruments related to non-SEBI
regulated products or services, as permitted to a registered Investment Adviser. In such cases, ET Money
Genius may receive commission, referral fees, transaction fees, or any form of retainer fee from the
manufacturers of such instruments or their affiliates for rendering its services.

XV. REPRESENTATION TO CLIENT

The ET Money Genius shall ensure that it will take all consents from the Client prior to undertaking any
actions in relation to the Securities and investment products advised by the ET Money Genius which,
inter alia, includes providing implementation/execution services to the Client.

XVI. NO RIGHT TO SEEK POWER OF ATTORNEY

ET Money Genius shall not seek any power of attorney or authorizations from the Client for
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Advisory Services
implementation of Investment Advice. It is clarified that the ET Money Genius shall for the purpose of
implementation services (i.e. implementing the advice after receiving requisite consents and permissions
from the Client) seek an authorisation from the Client to that effectWhile the ET Money Genius will
render its Services, the discretion to execute the transactions and responsibility for execution and
settlement of the transactions shall lie solely with the Client. Based on the Investment Advice provided by
the ET Money Genius, the Client may, at its sole discretion, implement or execute such Investment Advice
through the ET Money Genius or otherwise.

XVII. CONFLICT OF INTEREST

a) The ET Money Genius shall take all precautions and steps to prevent any insider trading and shall not
provide advice on investments/divestments based on any privileged information obtained in its fiduciary
capacity from any other client or person.

b) Banayantree and its affiliates/group companies are/or in future will get involved in a variety of advisory,
management, and any other investment-related activities and intend to continue to do so in the future It
is therefore possible that the Banayantree and its affiliates may in the course of their business have
potential conflicts of interest inter-se different activities. Banayantreeand its affiliates may receive any
remuneration for providing such services in accordance with Applicable Laws.

c) Banayantree shall ensure that an effective Chinese wall is in place between providing Services under this
Agreement and the other services as mentioned above.

XVIII. MAINTENANCE OF ACCOUNTS AND CONFIDENTIALITY

a) The ET Money Genius shall be responsible for maintenance of Clients’ accounts and data as required
under the IA Regulations.

b) Parties agree and acknowledge that information about this Agreement and the terms contained herein
as well as information about the Client or any investor or trade secrets, methods, processes or
procedures or any other confidential business information (hereinafter referred to as "Confidential
Information") provided by a Party ("Disclosing Party") will be considered confidential information except
information which:

1) is now or subsequently becomes publicly available without breach of this Agreement; or

2) was rightfully obtained by the other Party from a source other than the Disclosing Party without any
obligation of confidentially; or
3) is disclosed pursuant to an order of a court or government agency as so required by such order, or
required to be disclosed under Applicable Law.

c) The Party receiving the Confidential Information agrees that it shall not disclose to any third party any
Confidential Information, except to those who are required to have access to such information for the
purpose of the Services or transactions contemplated by the terms of this Agreement and/or with the
prior consent of Disclosing Party and/or to comply with the Applicable Law for the time being in force.

XIX. TERMS OF FEES AND BILLING:

a) The Client understands that the Agreement must be in effect for the joining, renewal, rejoining, or

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continuation of any Membership Plan under ET Money Genius.

b) ET Money Genius shall charge the fees for rendering its Investment Advisory services as on basis of
membership plan selected by the Client.

S.No. Membership Plan Fixed Fees (in Rupees)

1 Investing Essentials ₹ 999 Annually

2 Genius Mutual Funds ₹ 249 per month.
3 Genius Stocks ₹ 349 per month.
Genius Mutual Funds and Stocks (2 in
4 ₹ 399 per month.
One)

c) At the time of entering into the Investment Advisory Agreement, the Client has not opted for any
available Membership Plan. The applicable fees, as outlined above, will be levied based on the
Membership Plan the Client subscribes to in the future. Any deviation in fees offered to the Client, or
any changes made to the fees by ET Money Genius, will be separately agreed upon by the Client at the
time of selecting, opting for, changing, or modifying the Membership Plan.

d) Membership plan will be automatically renewed and charged consecutively for such terms as chosen by
the client, until cancelled by the Client through Easy pay or any other mode chosen by the Client. The
Client can manage/cancel the membership by visiting the ‘Manage Membership’ section of the ET Money
Platform. Further, for cancellation of Membership, cancellation request has to be submitted at least three
business days prior to the next renewal date.

e) The Client shall be responsible for making timely payment of the applicable charges and ensuring that
their bank account is sufficiently funded to cover the charges debited through the Easy Pay facility. The
Client understands that ET Money Genius is not obligated to send any communication, intimation, or
reminders regarding the scheduled fee collections.

f) The Fixed Fees shall be collected upfront via auto-debit mechanism using Easy Pay facility on ET Money
Platform or any other mode specified by SEBI. No payments will be accepted in form of cash.

g) In the event of non-payment of fees to ET Money Genius, the services will be suspended without prior
notice. The suspension of services by ET Money Genius or the cancellation of the membership plan by the
Client shall not be deemed as termination of this Agreement. The Client may initiate or cancel the
membership at any time while the Agreement remains in force. A new agreement must be entered into if
a Client who has previously terminated the Agreement wishes to resume Investment Advisory services.

h) Membership fee shall not be transferable.

i) The fee is exclusive of goods and services taxes and other government charges, levies, if any, which shall
be payable over and above the fees payable under this Agreement.

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j) Invoice shall be issued digitally and shall be available on the ET Money platform.

k) ET Money Genius reserves the right to add/amend/modify/discontinue the membership plans

including its name, associated benefits, features etc. at its sole discretion and Client shall
refer to updated Terms and conditions available on platform at all time

XX. LIABILITY OF INVESTMENT ADVISER:

a) The ET Money Genius shall in no event be liable to the Client for any loss which the Client may suffer
or incur as a result of or in course of discharge of any duty by the ET Money Genius or its directors,
employees, nominees, agents, officers under this Agreement.

b) Notwithstanding anything stated in this Agreement, neither the ET Money Genius nor any of
its directors, employees, nominees, agents, and officers shall be liable for any Services provided under
this Agreement and it will be the Clients’ responsibility to make an independent assessment. The
Investment Advisor will not be liable for any loss which the Client may suffer by reason of any
depletion in the value of the Assets under Advice, which may result by reason of fluctuation in asset
value, or by reason of non-performance or under-performance of the Securities/funds or any other
market conditions or any other risk factors associated with investment in securities/funds.
c)
The Client shall indemnify and hold the Investment Advisor and its affiliates, and their respective
officers, directors, agents and representatives harmless from and against any costs, charges,
expenses or liabilities in connection with any actual or threatened action, suit or proceeding
whether civil, administrative, investigative or otherwise and from and against any and all amounts
paid pursuant to a final judgment of any court of competent jurisdiction, or in settlement of such
action, suit or proceeding whether actual or threatened arising out of or in connection with any claim
or cause of action alleged against the ET Money Genius which directly or proximately results from any
act or omission of the Client under this Agreement, except in the case of fraud or willful default
committed by the ET Money Genius.

d) Notwithstanding anything provided under this Agreement, in any event the liability of the ET
Money Genius in respect of this Agreement shall be limited to the aggregate fee received by it from
the Client during the last three (3) months from the date the liability arose.

XXI. REPRESENTATION AND COVENANTS

a. Each Party hereby agrees and undertakes that the other Party is entering into this Agreement based on
the representations made by it contained herein, namely that:

b. Each Party hereto has full power and authority to enter into this Agreement and to take any action and
execute any documents required by the terms hereof; and that this Agreement has been duly authorized
by all necessary corporate proceedings, will be duly and validly executed and delivered by each of the
Parties and is a legal, valid and binding obligation on each Party, enforceable in accordance with the
terms hereof; and that the executants of this Agreement on behalf of such Party have been duly
empowered and authorized to execute this Agreement and to perform all its obligations in accordance
with the terms herein set out;

c. Each Party has obtained all consents, authorizations and permissions as may be required for the purpose
of executing this Agreement and performing its obligations hereunder; and
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b. Client hereby represents that it is entering into this Agreement as principal solely for its own
account and not as an agent of any other person or entity.

c Further, the Client represents that all the Know Your Client (KYC) documents provided to the ET
Money Genius are true and correct. The Client agrees that any and all tax liability arising out of this
Agreement will be the Client's sole responsibility.

d. The ET Money Genius hereby represents that the principal officer and all persons associated with the
Investment Advice are appropriately qualified in accordance with the terms of the IA Regulations.
e. Each Party acknowledges and agrees that: (1) such Party is executing this Agreement voluntarily
and without any duress or undue influence by any person; (2) such Party has carefully read and
fully understands the terms, consequences and binding effect of this Agreement; (3) this
Agreement is intended to be strictly enforceable. Each Party further acknowledges and agrees
that it has been provided an opportunity to seek the advice of an attorney of its choice before signing
this Agreement.
XXII. DEATH OR DISABILITY OF CLIENT
In the event of death, insolvency, dissolution or winding up of the Client during the currency of this
Agreement, upon receipt of a notice, in writing of such an event or on determining that such an event
has taken place, this Agreement shall stand terminated with effect from the date of receipt of such
notice by the ET Money Genius and the succession, nomination, representation etc. will be taken care
of as per legal procedure permitted.

XXIII. SETTLEMENT OF DISPUTES AND ARBITRATION

a) This Agreement shall be construed, interpreted and governed by and in accordance with the applicable
laws of India.
b) Any dispute between the Parties, controversy or claims arising out of or in relation to this Agreement or
the breach, termination or invalidity thereof, shall be settled by arbitration, in accordance with the
provisions of the Arbitration and Conciliation Act, 1996.
c) The arbitration proceedings shall be conducted in English and the arbitral tribunal shall be composed of
one arbitrator to be appointed by ET Money Genius.
d) The place of arbitration shall be Delhi and any award whether interim or final, shall be made, and shall
be deemed for all purposes between the Parties to be made in Delhi.
e) The award of the arbitrator shall be final and conclusive and binding upon the Parties, and the Parties
shall be entitled (but not obliged) to enter in judgment thereon in any one or more of the highest courts
in Delhi having jurisdiction over the subject matter.
f) The rights and obligations of the Parties under, or pursuant to, this clause, including the arbitration
agreement in this clause, shall be governed by and be subject to the laws of India and shall be under the
exclusive jurisdiction of the courts located at Delhi.

XXIV. ADHERENCE TO GRIEVANCE REDRESSAL TIMELINES

a) Clients can raise grievances on ETMONEY platform (app/website) or by writing email to designated email
and the same shall be addressed as per the ET Money Genius grievance redressal mechanism as per
regulatory provisions within regulatory guidelines. The details pursuant to Grievance Redressal are
stated in Schedule B.
b) If the grievance is not redressed satisfactorily, the client may, in accordance with the SCORES guidelines,
escalate the same through the SCORES Portal in accordance with the process laid out therein.
c) After exhausting all available options for resolution of the grievance, if client is still not satisfied with the
outcome, client can initiate dispute resolution through the ODR (Online Dispute Resolution) Portal.

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XXV. SEVERABILITY

If any provision of this Agreement shall be held or made invalid by a court decision, statute, rule or
otherwise, the remainder of this Agreement shall not be affected thereby.

XXVI. FORCE MAJEURE

The ET Money Genius shall not be liable for delays or errors or for loss or damage caused by or resulting
from any event of force majeure beyond its control, including but not limited to acts of civil or military
authority, national emergencies, fire, flood, catastrophe, act of God, explosion, war, riot, theft, accident,
nationalization, expropriation, currency restrictions, pandemic, lock-down imposed by governmental

authorities, other measures taken by any government or agency of any country, state or territory in the world,
actions taken by any regulatory authority regulating ET Money Genius or asset managers, amendments
to Applicable Laws, industrial action or labour disturbances of any nature amongst employees of the ET
Money Genius or of its agents or of any third parties, boycotts, work stoppages, power failures or
breakdowns in communication links or equipment (including but not limited to loss of electronic data),
international conflicts, violent or armed actions, acts of terrorism, insurrection, revolution, or failure or
disruption of any relevant stock exchange, clearing house, clearing or settlement systems or market. In the
event of equipment breakdowns beyond ET Money Genius’s control, the ET Money Genius shall take
reasonable steps to minimize service interruptions but shall have no liability with respect thereto.

XXVII. MISCELLANEOUS
A. Intellectual Property

a) For the purposes of this Agreement, the term “Intellectual Property” shall mean and include, any and all
rights, titles and interests, whether registered or not registered, in and to any and all, trade
secrets, patents, copyrights, service marks, logos, business names, names, trademarks, trade names,
know-how, designs, utility models, Quantitative Models, inventions, internet domain names, or other
intellectual or industrial property rights throughout the world and any application for registration of the
foregoing, and similar rights of any type under the laws or regulations of any governmental,
regulatory, or judicial authority, foreign or domestic as well as any and all moral rights, rights of
privacy, publicity and similar rights of any type, and any other rights equivalent to any of the foregoing in
any jurisdiction worldwide.

b) ET Money Genius represents that it possesses rights, licenses or titles, interests including Intellectual
Property rights in the products and services offered by them and shall keep the same subsisting during
the term of this agreement.

c) Client acknowledges that ET Money Genius is the sole and exclusive owner or has the requisite
license/permission to use their respective brand name or any other variants thereof, all trademarks,
names, logos, emblems and any other Intellectual Property of Parties. Client agrees that as permitted
under this Agreement it shall not at any time make any use of Intellectual Property of the ET Money
Genius without the specific prior written consent of ET Money Genius. Any such consent if granted shall
be limited to its terms and shall not be construed to grant permission to any subsequent use of any
Intellectual Property of the ET Money Genius, except as otherwise specifically provided in such consent.
All rights not expressly granted shall remain reserved. Upon termination of this Agreement for any
reason whatsoever Client shall immediately cease to use any Intellectual Property of the ET Money
Genius in any manner whatsoever.

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d) Client agrees that any use of ET Money Genius’s Intellectual Property pursuant to this Agreement is r
restricted for the purposes mentioned in this Agreement and in accordance with the directions of ET
Money Genius and the terms hereof. Client acknowledges and agrees that it does not and shall not, nor
shall it be deemed to acquire at any time hereafter any right, title, or interest whatsoever in, to or over
any of ET Money Genius’s Intellectual Property. Client hereby agrees and undertakes it shall not claim or
assert any right; title or interest in, to or over all or any of the ET Money Genius’s Intellectual Property or
take any action which shall or may impair any right, title or interest in or to the ET Money Genius’s
Intellectual Property.

B. Indemnity

a) Without prejudice to the right of indemnity available to the ET Money Genius under Applicable Laws, ET
Money Genius, its directors, officers, agents, affiliates, delegates and every person appointed by ET
Money Genius (“Indemnified Parties”) shall be entitled to be indemnified by the Client with respect to all
liabilities, losses and expenses incurred by it/them in providing the services under this Agreement or any
of the powers, authorities and discretions vested in it/them pursuant to this Agreement and against all
actions, proceedings, costs, claims, and demands in respect of any matter or thing done or omitted in
any way in relation to this Agreement.

b) The Indemnified Parties shall not be liable to the Client for any mistake, error of judgement or loss
suffered by the Client in connection with the subject matter of this Agreement or any matter or thing
done or omitted to be done by the Indemnified Parties in pursuance thereof (including, in particular, but
without limiting the foregoing, any loss following or arising out of any loss, delay, mis-delivery or error in
transmission of any communication) unless such loss, prejudice or disadvantage arises from gross
negligence, fraud or willful default in the performance or non-performance by the Indemnified Parties.

The provisions of this clause shall survive termination of this Agreement for any reason whatsoever.

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Schedule A
Risk Factors
The risk factors outlined below do not purport to be a complete enumeration or explanation of the risks
involved in an investment. Additional risks and uncertainties not presently known to the ET Money
Genius, or that it currently deem immaterial may also have an adverse impact on the Client’s portfolio.

A. Risks related to equity and equity linked instruments

a. The Client portfolio may be invested in listed securities and as such may be subject to the market risk
associated with the vagaries of the capital market.

b. Equity and equity related securities by nature are volatile and prone to price fluctuations on a daily
basis due to both macro and micro factors.

c. In domestic markets, there may be risks associated with trading volumes, settlement periods and
transfer procedures that may restrict liquidity of investments in equity and equity related securities.

d. In the event of inordinately low volumes, there may be delays with respect to unwinding the
portfolio and transferring the redemption proceeds.

e. The value of the Client’s portfolio, may be affected generally by factors affecting securities markets,
such as price and volume volatility in the capital markets, interest rates, currency exchange rates,
changes in policies of the Government, taxation laws or policies of any appropriate authority and
other political and economic developments and closure of stock exchanges which may have an
adverse bearing on individual securities, a specific sector or all sectors including equity and debt
markets. Consequently, the valuation of Client’s portfolio may fluctuate and can go up or down.

B. Risk Factors associated with investments in units of mutual fund

a. Mutual funds invest across equity, money market and debt instruments. The risk factors affecting
such instruments are mainly as follows - market risk, inflation risk, interest rate risk, currency risk,
credit risk, regulatory/legal risk.

b. The ET Money Genius may, from time to time, advise the Client to deploy any un-deployed funds in
liquid schemes of mutual funds or in money market instruments. Though the portfolio of liquid funds
comprises of short-term deposits, government securities and money market instruments, they
cannot be considered as totally risk free. This is because liquidity patterns and short-term interest
rates of the government change, sometimes on a daily basis, thereby making the fund susceptible.

c. Liquid fund returns are not guaranteed, and it entirely depends on market movements.

C. Risks related to investment in debt instruments

a. As with all debt securities, changes in interest rates affects the valuation of the portfolios, as the
prices of securities generally increase as interest rates decline and generally decrease as interest

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rates rise. Prices of longer-term securities generally fluctuate more in response to interest rate
changes than do shorter-term securities. Interest rate movements in the Indian debt markets can be
volatile leading to the possibility of large price movements up or down in debt and money market
securities and thereby to possibly large movements in the valuation of portfolios.

b. Investments in debt instruments and other fixed income securities are subject to default risk,
liquidity risk and interest rate risk. Interest rate risk results from changes in demand and supply for
money and other macroeconomic factors and creates price changes in the value of the debt
instruments. Consequently, the net asset value of the portfolio may be subject to the fluctuation.

c. Investments in debt instruments are subject to reinvestment risks as interest rates/ yields prevailing
on interest amount or maturity due dates may differ from the original coupon of the bond, which
might result in the proceeds being invested at a lower rate.

d. The product/services may recommend investment in non-publicly offered debt securities and equity
securities. This may expose the portfolio to liquidity risks. Additionally, the Client may not be able to
avail securities transaction tax credit benefit and/ or tax deduction at source (TDS) credit and this
may result in an increased incidence of tax on the Client.

Schedule B
Regulatory Disclosures

Banayantree Services L imited, Non-Individual SEBI Registered Investment Advisers, RIA No.
INA100006898 and BASL membership number 1068, Validity January 09, 2017 – Perpetual. Registered
Address: Express Building, 9-10, Bahadurshah Zafar Marg, New Delhi -110 002
Corporate office: Plot No. 391, Udyog Vihar, Phase-III, Gurugram Haryana, 122016

Grievance officer - Mrs. Modekurti Jaya Lakshmi

Email ID: help@etmoneycare.com
Telephone No.: 0124-4187000

Compliance officer -
Neeraj Gugnani
Email ID: co@etmoney.com
Telephone No.: 0124-4187000

Contact Details of Principal Officer – 0124-4187000 Extn no. 4038, po@etmoney.com

SEBI Regional office address,

NBCC Complex, Office Tower-1, 8th Floor, Plate B, East Kidwai Nagar, New
Delhi - 110023 Tel. Board: +91-011-69012998 E-mail: sebinro@sebi.gov.in

Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee
performance of the intermediary or provides any assurance of returns to investors.

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Most Important Terms and Conditions (MITC)

1. The Investment Adviser (IA) shall only accept payments towards its fees for Investment Advisory Services
and is not permitted to accept funds or securities in its account on the client’s behalf.

2. The IA does not guarantee returns, accuracy, or risk-free investments. All advice is subject to market risks,
and there is no assurance of any returns or profits.

3. Any assured/guaranteed/fixed returns schemes or any other schemes of similar nature are prohibited by
law. No scheme of this nature shall be offered to the client by the IA.

4. Investment advice, only related to securities shall fall under the purview of SEBI. In case of any services
offered by IA related to products/services not under the purview of SEBI, IA shall make disclosure to the client
and take appropriate declaration and undertaking from the client that such products/services and the
services of IA in respect of such products/services do not come under regulatory purview of SEBI and that no
recourse is available to the client with SEBI for grievances related to such products/services or services of IA
in respect of such products/services.

5. This agreement is for the investment advisory services provided by the IA and IA cannot execute/carry out
any trade (purchase/sell transaction) on behalf of the client without his/her/its specific and positive consent
on every trade. Thus, the client is advised not to permit IA to execute any trade on his/her/its behalf without
explicit consent.

6. The fee charged by IA to the client will be subject to the maximum of amount prescribed by SEBI/
Investment Adviser Administration and Supervisory Body (IAASB) from time to time (applicable only for
Individual and HUF Clients).

Note:
(i) The current fee limit under Fixed Fee mode is Rs 1,51,000/- per annum per family of client. Under Assets
under Advice (AUA) mode, maximum fee limit is 2.5 per cent of AUA per annum per family of client.
(ii) The IA may change the fee mode at any time with the client’s consent; however, the maximum fee
limit in such cases shall be higher of fee limit under the fixed fee mode or 2.5 per cent of AUA per annum per
family of client.
(iii) The fee limits do not include statutory charges.
(iv) The fee limits apply only for investment advice related to securities under purview of SEBI.
(v) The fee limits do not apply to a non-individual client / accredited investor.

7. IA may charge fees in advance if agreed by the client. Such advance shall not exceed the period stipulated
by SEBI; presently it is maximum two quarters. In case of pre- mature termination of the IA services by the
client or the IA, the client shall be entitled to seek refund of proportionate fees only for unexpired period.
However, IA is entitled to retain a maximum breakage fee of not greater than one-quarter fee.

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8. Fees to IA may be paid by the client through any of the specified modes like cheque, online bank
transfer, UPI, etc. Cash payment is not allowed. Optionally the client can make payments through
Centralized Fee Collection Mechanism (CeFCoM), managed by BSE Limited (i.e. currently recognized IAASB).

9. The IA is expected to know the client’s financial details for providing services. Hence, the client is
required to share the financial information (e.g. income, existing investments, liabilities, etc.) with the IA.

10. The IA is required to carry out the client’s risk profiling and suitability analysis before providing services
and thereafter on an ongoing basis. The services provided will be in line with the assessed risk profile. IA
shall also communicate the assessed risk profile to the client.

11. As part of conflict of interest management, the client or the client’s family members will not be
provided any distribution services by IA or any of its group entity/ family members. IA shall, wherever
available, advice direct plans (non-commission based) of products only. The IA shall endeavor to promptly
inform the client of any conflict of interest that may affect the services being rendered to the client.

12. For any grievances,

Step 1: The client should first contact the IA using the details on its website or following contact details:

Step 2 : If the resolution provided by IA is unsatisfactory, the client can lodge grievances through SEBI’s
SCORES platform at www.scores.sebi.gov.in

Step 3: If the client remains dissatisfied with the outcome of the SCORES complaint, the client may
consider the Online Dispute Resolution (ODR) through the Smart ODR portal at https://smartodr.in
13. The SEBI registration, enlistment with IAASB, and NISM certification do not guarantee the performance
of IA or assure returns to the client.

14. Clients are required to keep contact details, including email id and mobile number/s updated with the
IA at all times.

15. The IA shall never ask for the client’s login credentials and OTPs for the client’s Trading Account, Demat
Account and Bank Account. Never share such information with anyone including IA.

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