Termination of Service and Refund of Fees:

Termination by Research Analyst:

The Research Analyst can collect a maximum of twelve months' advance fees, and as per your advance fees, the same validity is provided (if payment is partial, then a pro-rata basis validity of service will be allotted to the client). The advance fees paid are non-refundable except if the Research Analyst's license is terminated or cancelled by SEBI or voluntarily surrendered by the Research Analyst. In such cases, a pro-rata basis refund will be initiated by the Research Analyst to the client. The Research Analyst reserves the right to suspend or terminate the provision of research services to clients in the event of suspension or cancellation of its registration with SEBI. In case the certificate of registration of the Research Analyst is suspended for a period exceeding sixty (60) days or is cancelled, the Research Analyst shall refund the subscription fees to the client on a pro-rata basis for the period from the effective date of such suspension or cancellation to the end of the subscription period.

Termination by You (the Client):

We strive to provide a clear and fair refund policy for our clients. Please review the following terms:

Non-Refundable Fees

Certain fees, including but not limited to administrative, onboarding, Direct and Indirect taxes or setup charges, are non-refundable. These fees are expressly outlined in the service agreement and are not subject to refund under any circumstances.

No Refund for Partial Month Usage

Refunds will only be provided for full, unutilized months of service. In cases where a service agreement is terminated prior to the completion of a month, no refund will be issued for the partially utilized month. For example, if a client has paid for a service from February 1st to April 30th, and terminates the service on March 10th, no refund will be given for the unexpired month of March. A refund will only be issued for the full, unused month, which in this case would be for April.

Adverse Market Conditions or Losses Incurred

The RA does not guarantee any specific investment returns or profits. As investments are subject to market risks, the client acknowledges that financial losses may occur based on market conditions. Therefore, refunds will not be provided for any losses incurred due to investment decisions or market performance, even if these losses are based on recommendations provided by the RA.