Investor Charter in respect of Research Analyst (RA)

A. Vision and Mission Statements for Investors

Vision

Invest with knowledge and 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.

B. Details of Business Transacted by the Research Analyst with Respect to Investors

• To publish research reports based on the research activities of the RA.
• To provide an independent, unbiased view on securities.
• To offer unbiased recommendations, disclosing financial interests in recommended securities.
• To provide research recommendations based on the analysis of publicly available information and known observations.
• To conduct an annual audit.

C. Details of Services Provided to Investors (No Indicative Timelines)

• Onboarding of Clients.
• Disclosure to Clients:
  • To distribute research reports and recommendations to clients without discrimination.
  • To maintain confidentiality regarding the 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 or complaint, an investor should approach the concerned research analyst and ensure that the grievance is resolved within 30 days.

If the investor’s complaint is not satisfactorily addressed, they may lodge a complaint with SEBI on SEBI’s SCORES portal, a centralized web-based complaint redressal system. SEBI takes up complaints registered via SCORES with the concerned intermediary for timely redressal. SCORES facilitates tracking the status of the complaint.

E. Expectations from Investors (Responsibilities of Investors)

Do’s

1. Always deal with a SEBI-registered Research Analyst.
2. Ensure that the Research Analyst has a valid registration certificate.
3. Check for the SEBI registration number.
4. Refer to the list of all SEBI-registered Research Analysts available on the SEBI website: SEBI Registered Research Analysts
5. Pay attention to disclosures made in the research reports before investing.
6. Pay your Research Analyst through banking channels only and maintain duly signed receipts mentioning the details of your payments.
7. Before buying securities or applying in public offers, check the research recommendations provided by your Research Analyst.
8. Ask all relevant questions and clear your doubts with your Research Analyst before acting on the recommendation.
9. Inform SEBI about any Research Analyst offering assured or guaranteed returns.

Don’ts

1. Do not provide funds for investment to the Research Analyst.
2. Don’t fall prey to luring advertisements or market rumors.
3. Do not get attracted to limited-period discounts or other incentives, gifts, etc., offered by the Research Analyst.
4. Do not share login credentials and passwords of your trading and demat accounts with the Research Analyst.

Ashutosh Bhardwaj

https://www.logicalnivesh.com