Parties to these Terms and Conditions:
i. Research Analyst: STOCKAXIS VENTURES a SEBI Registered Research Analyst, holding Registration No. INH000021711, with its registered office located at Parakhet, Near RICCO Industrial Chouraha, Kaladwas, Udaipur (Raj.)-313001, hereinafter referred to as the "Research Analyst" or "RA";
ii. Client: The individual or entity subscribing to or availing research services provided by the Research Analyst, hereinafter referred to as the "Client."
Availing The Services:
The Client hereby accepts the research services and confirms to avail the research services on its own discretion provided by the Research Analyst ("RA"), and the Research Analyst agrees to provide such services in accordance with the terms and conditions set forth underneath.
Obligations on RA and Client:
The client and the Research Analyst shall be bound by all applicable regulations, rules, circulars, and amendments issued by SEBI, including the SEBI (Research Analysts) Regulations, 2014 and all the other notifications of the Government, if any from time to time.
Client Information and KYC:
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The client is bound, upon acceptance of services, to submit all requisite documents as requested by the research analyst and help the RA to complete the KYC process.
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The client hereby gives consent to the research analyst to fetch his KYC documents from the KYC Registration Agency (KRA).
Standard Terms of Service:
The Client acknowledges and gives his consent to be bound by the terms set forth herewith, as well as any applicable amendments or updates provided by the Research Analyst.
The client hereby agrees:
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I have read and understood the terms and conditions applicable to a research analyst as defined under regulation 2(1)(u) of the SEBI (Research Analyst) Regulations, 2014, including the fee structure.
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I am subscribing to the research services for my own benefit and consumption, and any reliance placed on the research report provided by the Research Analyst shall be based on my own judgment and assessment of the conclusions contained in the research report.
I understand that:
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Any investment made based on the recommendations in the research report is subject to market risk.
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Recommendations in the research report do not provide any assurance of returns.
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There is no recourse to claim any losses incurred on investments made based on the recommendations in the research report.
Declaration by Research Analyst:
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The Research Analyst is duly registered with SEBI as an RA having Registration No.: INH000021711, Date of Registration: 11th July, 2025.
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It has registration and qualifications required to render the services contemplated under the RA Regulations, and the same are valid and subsisting.
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The services provided by the RA do not conflict with or violate any provision of law, rule, regulation, contract, or other instrument to which it is a party or to which any of its property is or may be subject.
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The maximum fee that may be charged by the RA is ₹1.51 lakhs per annum per family of clients.
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The recommendations provided by the RA do not provide any assurance of returns.
Consideration And Mode of Payment:
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The client shall duly pay the fees to the RA of the invoice raised or for any agreed amount either written/oral within 2 days.
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The Client agrees to make all payments via: UPI/Net banking/Payment Gateway or any other verified banking channel. Client shall not pay any fees in cash.
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The Client hereby agrees to pay the fees in the Bank account of Research Analyst only. The RA shall not be liable for any payment made to third party account.
Risk Factors:
The Client understands that the services provided by the Research Analyst involve inherent risks, and the Client agrees to bear full responsibility for any financial or other consequences arising from the use of these services.
Investment in the market is subject to market risk, and is also subject to the following:
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Trading in equities, derivatives, and other securities are subject to market risks and there is no assurance or guarantee of returns.
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Past performance does not indicate future performance.
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Research recommendations may not always be profitable, as actual market movements may differ from anticipated trends.
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The Research Analyst is not responsible or liable for any losses resulting from research recommendations.
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Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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Registration granted by SEBI, Enlistment as RA with exchange, and certification from NISM do not guarantee the performance of the intermediary or provide any assurance of returns to investors.
Conflict of Interest:
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The RA shall adhere to the applicable regulations/circulars/directions specified by SEBI from time to time in relation to disclosure and mitigation of any actual or potential conflict of interest.
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The Research Analyst or any of its officer/employee does not trade in securities which are subject matter of recommendation.
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There are no actual or potential conflicts of interest arising from any connection to or association with any issuer of products/securities. Such conflict of interest shall be disclosed to the client as and when they arise.
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Research Analyst or its employee or its associates have not received any compensation from the company which is subject matter of recommendation.
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Client is advised to refer the detailed disclosure provided on our website.
Termination of Service and Refund of Fees:
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The Agreement may be terminated by the client, if the Research Analyst fails to provide the research recommendations. However, the client cannot terminate the agreement solely based on not achieving the desired returns or incurring the losses from trading on the recommendations or the client discontinues the services without a valid reason, or in case of force majeure.
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The RA may suspend or terminate rendering of research services to client on account of suspension/cancellation of registration of RA by SEBI and shall refund the residual amount to the client.
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In case of suspension of certificate of registration of the RA for more than 60 days or cancellation of the RA registration, RA shall refund the fees, on a pro rata basis for the period from the effective date of cancellation/suspension to end of the subscription period.
Grievance Redressal:
In the event of grievances related to non-receipt of the research report, missing content, or deficiencies in services, the Client may raise a grievance. The Research Analyst will ensure Redressal within 7 days of such complaint.
The client is required to follow the following procedure for any grievance:
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Step 1: Contact RA at +91 9460362385 or support@stockaxisventures.com
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Step 2: If unsatisfied, lodge a complaint with the Sales Head at help@stockaxisventures.com
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Step 3: If unsatisfied, escalate to Branch Head at contact@stockaxisventures.com
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Step 4: If still unsatisfied, lodge a complaint with SEBI via SCORES platform at www.scores.sebi.gov.in
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Step 5: Client can also seek resolution through SMART ODR Portal: https://smartodr.in
DISCLAIMER: The client is strictly required to follow the procedure as mentioned above, otherwise the RA shall not be liable for delay in resolution of the grievance.
NOTE: Clients are advised to read the Do's and Don'ts for dealing with the Research Analyst, as mentioned in SEBI Master Circular No. SEBI/HO/MIRSD-POD-1/P/CIR/2024/49 dated May 21, 2024.
Most Important Terms and Conditions:
Note:
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Current fee limit is Rs 1,51,000/- per annum per family of client for all research services of the RA.
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The fee limit does not include statutory charges.
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The fee limits do not apply to a non-individual client / accredited investor.
Advance fee (if any) shall not exceed one quarter; proportionate refund is applicable for unexpired period. Payments allowed: cheque, bank transfer, UPI (no cash). Optional Centralized Fee Collection Mechanism (CeFCoM) may be used when applicable.
RA will disclose any conflict of interest promptly. Guaranteed return/fixed schemes are prohibited. RA does not guarantee returns, profits, accuracy, or risk-free investments. All recommendations are subject to market risks.
Optional Centralised Fee Collection Mechanism:
There is an optional 'Centralized Fee Collection Mechanism for Investment Advisors and Research Analysts' (CeFCoM) for fee payments. The Research Analyst has presently not opted for the same and once registered, the mechanism will be available for the client.
Confidentiality:
Client shall not share any confidential information with third party without prior consent from the RA.
Dispute:
No suit, prosecution or other legal proceeding shall lie against the Research Analyst for any damage caused in good faith under SEBI RA Regulations. Disputes shall be resolved via arbitration or mutually agreed methods, in accordance with applicable legal guidelines.
Severability:
If any provision is found invalid, illegal, or unenforceable, the remaining provisions remain effective, provided the essential purpose is not undermined.
Force Majeure:
Neither party shall be held liable for failure or delay in performance under this Terms and Conditions due to circumstances beyond their reasonable control, including natural disasters, government actions, or other unforeseen events.
The client hereby agrees to abide with the terms and conditions of the research services.
