SEBI Registered Investment Advisory

Regulatory Information

SEBI Registration Number: INA000017356
Type of Registration: Individual Investment Adviser
Registration Validity: Perpetual
Date of Registration: 21 November 2022

Registered Address: BJ 20 East Shalimar Bagh, New Delhi 110088

Telephone: +91-4584-1161
Principal Officer / Compliance Officer: Mohit Chawla

Email: mohit.chawla@bimtek.co.in

Associated SEBI Office: NBCC Complex, Office Tower-1, 8th Floor, Plate B, East Kidwai Nagar, New Delhi – 110023.

Investment advisory services are provided in accordance with applicable SEBI regulations and other applicable laws.

Investor Charter

A. Vision and Mission Statements for investors

• Vision

Invest with knowledge & safety.

• Mission

Every investor should be able to invest in 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 Investment Adviser with respect to the investors

• To enter into an agreement with the client providing all details including fee details, aspects of Conflict of interest disclosure and maintaining confidentiality of information.
• To do a proper and unbiased risk – profiling and suitability assessment of the client.
• To conduct audit annually.
• To disclose the status of complaints on its website.
• To disclose the name, proprietor name, type of registration, registration number, validity. complete address with telephone numbers and associated SEBI Office details (i.e. Head office/regional/ local Office) on its website.
• To employ only qualified and certified employees.
• To deal with clients only from official number
• To maintain records of interactions, with all clients including prospective clients (prior to onboarding), where any conversation related to advice has taken place.
• To ensure that all advertisements are in adherence to the provisions of the Advertisement Code for Investment Advisers
• Not to discriminate in terms of services provided, among clients opting for same/similar products/services offered by investment adviser.

C. Services Provided & Client Disclosures

Client Onboarding

The onboarding process includes:

1. Sharing the Investment Advisory Agreement and applicable fee details. 
2. Completion of applicable KYC requirements. 
3. Completion of risk profiling and suitability assessment. 

Disclosure to Clients

Provide clients with appropriate disclosures relating to:

• Nature and scope of investment advisory services. 
• Fees and other applicable charges. 
• Material conflicts of interest. 
• Relevant affiliations and activities. 
• Risks associated with investments and securities advised. 
• Client's risk profile and suitability considerations. 
• Material facts, costs, obligations and limitations relevant to the advice. 
• Any applicable use of technology or Artificial Intelligence in providing advisory services. 
• Confidentiality and permitted use/disclosure of client information. 

Investment advice is provided based on the client's risk profile, financial circumstances, investment objectives and applicable suitability requirements.

D. Investor Rights & Responsibilities

Rights of Investors

Investors have the right to:

• Privacy and confidentiality. 
• Fair and equitable treatment. 
• Transparent practices. 
• Adequate and timely information. 
• Initial and continuing disclosures. 
• Fair and truthful advertising. 
• Information regarding service parameters and applicable timelines. 
• Be heard and receive appropriate grievance redressal. 
• Receive suitable investment advice based on their risk profile. 
• Exit the advisory relationship in accordance with the applicable agreement and regulations. 
• Receive appropriate guidance and caution when dealing with complex or high-risk products/services. 
• Provide feedback regarding services received. 
• Protection from coercive, unfair or one-sided contractual provisions, subject to applicable law.

E. Investor Responsibilities- Do's & Don'ts

• Do’s

1. Always deal with SEBI registered Investment Advisers.
2. Ensure that the Investment Adviser has a valid registration certificate.
3. Check for SEBI registration number.
   Please refer to the list of all SEBI registered Investment Advisers which is available on SEBI website in the following link:(https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&in tmid=13)
4. Pay only advisory fees to your Investment Adviser Make payments of advisory fees through banking channels only and maintain duly signed receipts mentioning the details of your payments.
   You may make payment of advisory fees through Centralised Fee Collection Mechanism (CeFCOM) of IAASB if investment adviser has opted for the mechanism.
5. Always ask for your risk profiling before accepting investment advice. Insist that Investment Adviser provides advisory strictly on the basis of your risk profiling and take into account available investment alternatives.
6. Ask all relevant questions and clear your doubts with your Investment Adviser before acting on advice.
7. Assess the risk-return profile of the investment as well as the liquidity and safety aspects before making investments.
8. Insist on getting the terms and conditions in writing duly signed and stamped. Read these terms and conditions carefully particularly regarding advisory fees, advisory plans, category of recommendations etc. before dealing with any Investment Adviser.
9. Be vigilant in your transactions.
10. Approach the appropriate authorities for redressal of your doubts / grievances.
11. Inform SEBI about Investment Advisers offering assured or guaranteed returns
12. Always be aware that you have the right to exit the service of an Investment Adviser
13. Always be aware that you have the right to seek clarifications and clear guidance on advice
14. Always be aware that you have the right to provide feedback to the Investment Adviser in respect of services received.
15. Always be aware that you will not be bound by any clause, prescribed by the investment adviser, which is contravening any regulatory provisions.
    

• Don’ts

1. Don’t fall for stock tips offered under the pretext of investment advice.
2. Do not provide funds for investment to the Investment Adviser.
3. Don’t fall for the promise of indicative or exorbitant or assured returns by the Investment Advisers. Don’t let greed overcome rational investment decisions.
4. Don’t fall prey to luring advertisements or market rumors.
5. Avoid doing transactions only on the basis of phone calls or messages from any Investment adviser or its representatives.
6. Don’t take decisions just because of repeated messages and calls by Investment Advisers.
7. Do not fall prey to limited period discount or other incentive, gifts, etc. offered by Investment advisers.
8. Don’t rush into making investments that do not match your risk taking appetite and investment goals.
9. Do not share login credential and password of your trading, demat or bank accounts with the Investment Adviser.

Grievance Redressal Mechanism

Details of grievance redressal mechanism and how to access it 

Investor can lodge complaint/grievance against Investment Adviser in the following ways: 

STEP 1: Mode of filing the complaint with investment adviser

• In case of any grievance / complaint, an investor may approach the concerned Investment Adviser who shall strive to redress the grievance immediately, but not later than 21 days of the receipt of the grievance.

Clients may raise queries or complaints relating to investment advisory services, and may contact:

Principal Officer / Compliance Officer: Mohit Chawla

Email: mohit.chawla@bimtek.co.in

Endeavour is to resolve grievances promptly and within the timelines prescribed under applicable regulatory requirements.

Step 2: SCORES

If the grievance is not satisfactorily resolved, investors may approach SEBI through the SCORES 2.0 platform.

SCORES: scores.sebi.gov.in

SCORES is SEBI's online grievance redressal platform.

Step 3: SMART ODR

Where applicable, investors may also use the SMART Online Dispute Resolution (SMART ODR) platform for resolution of disputes through online conciliation and/or arbitration. 

https://smartodr.in/

Physical complaints

Physical complaints may be addressed to the appropriate SEBI office in accordance with the applicable regulatory mechanism.

Office of Investor Assistance and Education, Securities and Exchange Board of India, SEBI Bhavan, Plot No. C4-A, ‘G’ Block, Bandra-Kurla Complex, Bandra (E), Mumbai-400 051.

Risk Disclosures & Disclaimers

This page sets out important risk disclosures and disclaimers applicable to the investment advisory services. 

Past performance is not indicative of future results.  Actual results may vary significantly from projected or backtested results. The information provided on this website is for general informational purposes only and should not be construed as investment advice, a recommendation, or solicitation to buy or sell any securities. Investors should conduct their own due diligence and consult with qualified financial advisors before making any investment decisions.

General Market Risk

Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, membership of BASL, and certification from NISM in no way guarantee performance or provide any assurance of returns to investors. 

Nature of Advisory Services

Investment advisory services are provided in accordance with applicable regulations. Investment advice is based on the client's risk profile, financial situation, investment objectives, and time horizon. All investments carry risk, including the potential loss of capital, and past performance of any investment or strategy does not guarantee future results. Market conditions, economic factors, interest rate movements, and geopolitical events may affect investment outcomes.

Asset Class and Product Risks

The services offered are limited to investment advisory. This does not guarantee returns and does not provide assured or fixed returns under any circumstances. Investments across asset classes such as equities, mutual funds, debt instruments, and other securities may involve risks including market volatility, liquidity risk, credit risk, and interest rate risk. Clients should evaluate these risks carefully before making investment decisions.

Fee Disclosure

Advisory fees charged are in accordance with limits prescribed under the regulations of the Securities and Exchange Board of India and may be structured as fixed fees or based on Assets Under Advice (AUA), depending on the agreed engagement model. A transparent fee-based advisory approach is followed and does not provide any guarantee of investment performance.

Website Content Disclaimer

Information provided on this website, including articles, tools, calculators, insights, and other materials, is intended solely for informational and educational purposes.

Such information should not be interpreted as a guarantee of returns or as a substitute for personalized financial advice. While reasonable care is taken to ensure accuracy, this does not warrant the completeness or reliability of third-party data, external links, or information sourced from external platforms.

Jurisdiction and Investor Responsibility

Nothing contained on this website shall be construed as an offer or solicitation to buy or sell securities in any jurisdiction where such offer or solicitation would be unlawful.

The services described are intended only for investors where such services are legally permitted. Investors are encouraged to independently evaluate investment decisions or seek professional advice where necessary.