I have applied for an Investment Account after understanding the nature and scope of services ("Services") provided by Investingoptions.
This document is a legal contract between Companyand I ("Agreement") in relation to the Services. Clicking on the "I accept" checkbox is the legal equivalent of my manually signing this Agreement.
The operation of my investment account and the execution of instructions are subject to this Agreement, and the Offer Documents* of the respective Asset Management Company ("AMC"), CompanyPrivacy Policy, and CompanyTerms of Use.
I have the right to transact directly with the AMC even in respect of the investments made through www.investingoptions.in. I have this right even after the termination of this Agreement.
Consent : I hereby give my consent to Company
To contact me on issues relating to setup and operation of my Investment Account and to perform the following actions pursuant to my investment instructions:
To communicate with AMCs on my behalf for financial or non-financial transactions executed under this Agreement.
To verify my Aadhaar number and name against the Central Identities Data Repository maintained by Unique Identification Authority of India. This information is only used to verify my identity before I can start placing investment instructions through www.investingoptions.in. My biometrics will not be stored or shared.
To share my information with KRAs, AMCs and company’sservice partners, for validation, to comply with legal and regulatory requirements and for the purpose of fulfilling its obligations under this agreement.
Under this Agreement, the company will :
Offer mutual fund schemes & other investments products
Facilitate subscription and redemption of mutual fund units by transmitting my money and instructions to the relevant AMC.
Securely maintain a record of my personal information and my financial transactions.
Promptly and efficiently respond to my queries relating to my online investment account.
Under this Agreement, my obligations are to :
Provide accurate information and supporting documents to company for the creation and maintenance of my investment services account.
Ensure that the money I invest is from my bank account, is from legitimate sources, and is remitted through approved banking channels.
Keep my Login Credentials safe and secret. Promptly change my Login Credentials and inform the company of any actual or suspected unauthorized use of my Login Credentials.
Make an informed investment decision by reading the Offer Documents* of the mutual fund schemes that I am investing in.
Seek independent financial planning, legal, accounting, tax or other professional advice before investing or withdrawing.
I further acknowledge and agree to the following :
I am aware that the company is a distributor of mutual funds, registered with the Association of Mutual Funds in India and receives brokerage from AMCs. The company shared with me the details of the brokerage structure, available at the website.
The company does not, and is not obliged to, offer all mutual fund schemes for investment. By limiting the number of schemes on the Website, the company not make any representation as to the quality, bona fides or nature of any AMC or mutual fund scheme, or any other representation, warranty or guaranty, express or implied.
My Investment Account will be activated after company verifies my personal information in accordance with the Know Your Client ("KYC") guidelines issued by the Securities and Exchange Board of India ("SEBI").
My instructions will be processed the same day if received before the cut-off times specified by the company. If not, they will be processed on the next business day. The company may specify cut-off times earlier than the times specified by the AMC/SEBI.
For investments using ECS/ NACH/ Direct Debit, the company will first submit the fund transfer instructions to my bank. My subscription request is sent to the AMC only after the money transfer to the AMC's account is confirmed. As a result, I understand that there may be a lag between the date of debit to my account and the date company submits my request to the AMC.
The company will forward my instructions to the AMC electronically, and the AMC will process the transactions on the basis of such electronic instructions. AMCs are not obliged to accept my application for subscription to units of their mutual fund schemes in part or in full.
The data and information provided on the Website does not constitute advice and shall not be relied upon by me while making investment decisions.
In case I violate this agreement, or any local or international laws, the company may, at any time and at its sole discretion, terminate my Investment Account and/or prevent me from accessing the Services.
The company may modify these terms at any time by informing me. My continued use of the Services will imply my acceptance of the changes.
I will not dispute and/ or hold the company responsible for :
Any act that is not an obligation of the company in this Agreement.
Any disclosures made by the company to any statutory body under any law.
Any loss, notional or otherwise, incurred because of
Delays either at the Bank, Registrar and Transfer Agency or AMC.
Rejection of my instructions by the Bank, Registrar and Transfer Agency or AMC.
Processing of instructions authenticated by my Login Credentials.
Non-availability or non-accessibility of the Website, electronic payment gateway, telephone(s), or office(s) of the company for reasons including those beyond the company’s control.
Any inaccuracy or typographical error on the Website or the mobile application or any written, E-mail & SMS communication. The company specifically disclaims any liability for such inaccuracies or errors.
Indemnity : I agree to indemnify, defend, and hold the company harmless from any liability, loss, claim, and expense, including legal fees, related to my violation of this Agreement.
Governing laws : The laws of India govern this Agreement. All disputes are subject, firstly, to mediation, and then by Arbitration by a sole arbitrator appointed by the company.
Term and Termination : This Agreement is valid for a continuous period unless I terminate it by deactivating my Investment Account or the company deactivates my Investment Account for non-compliance with this Agreement or any applicable laws.
Effects of Termination : The company will continue to securely maintain a record of my personal information and my financial transactions to fulfill regulatory obligations. The company will provide me details of the AMCs in whose mutual fund units I am invested in and will fulfill my redemption/transfer requests, if required.
SEBI Caution : Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The past results of a Mutual Fund are not a guarantee to its future performance.
* Offer Documents: Collective term for Offer Document, Scheme Information Document, Statement of Additional Information, Key Information Memorandum, issued by the Asset Management Company that manages the mutual fund.
