Most Important Terms And Conditions (MITC)
Applicable to Research Services by M A Javeed
SEBI Registration Number: INH000023339
Non-Execution of Trades
- M A Javeed does not execute or carry out any purchase or sell transactions on behalf of clients.
- Clients are strictly advised not to permit the Research Analyst (RA) or its representatives to execute trades on their behalf.
Fee Limits and Payment Terms
- Fees charged to individual and HUF clients shall not exceed limits prescribed by SEBI/RAASB.
- Currently, the maximum fee is ₹1,51,000 per annum per family for research services combined.
- This limit excludes statutory charges.
- Fee limits do not apply to non-individual clients or accredited investors.
- Fees may be charged in advance for a period not exceeding one year unless otherwise agreed.
- In case of premature termination, clients will receive a pro-rata refund for the unexpired service period.
- Acceptable payment modes include bank transfer, cheque, UPI, and other SEBI approved methods. Cash payments are strictly prohibited.
- Clients may optionally use the Centralized Fee Collection Mechanism (CeFCoM) managed by BSE Limited for secure payments.
Conflict of Interest
- The Research Analyst strictly follows SEBI and RAASB regulations regarding disclosure and mitigation of conflicts of interest.
- Clients will be promptly informed of any conflict that may affect research services.
Prohibition of Guaranteed Returns
- Any schemes promising assured, guaranteed, or fixed returns are strictly prohibited.
- The Research Analyst does not guarantee profits, accuracy, or risk-free investments through research services.
Market Risk and Loss Disclaimer
- Investments in securities market are subject to market risks. Read all related documents carefully before investing.
- Recommendations do not assure returns and investors must exercise independent judgement.
- There is no right to claim compensation for losses incurred based on research recommendations.
Regulatory Registration and Certification
- SEBI registration, RAASB enlistment, and NISM certification do not guarantee the performance of the Research Analyst.
Investor Safety Reminders
- Make all fee payments only through official channels of the firm.
- Use official bank accounts or authorized payment mechanisms such as CeFCoM.
- Never transfer money to personal accounts or unofficial payment links.
- Contact the compliance officer immediately in case of any doubt.
Security and Privacy Reminders
- The Research Analyst will never request login credentials or OTPs for trading or bank accounts.
- Clients must never share such sensitive information with anyone.
Optional Centralized Fee Collection Mechanism (CeFCoM)
- CeFCoM enables investors to make secure payments to SEBI registered research analysts.
- It allows investors to track payments made for research services.
- Clients may request CeFCoM payment links directly from registered research analysts.