Nature of Research Services
Growth Master provides research services through Gaurav Garg, a SEBI Registered Research Analyst. Research services are subject to applicable SEBI regulations, circulars and directions.
No Trade Execution
The Research Analyst provides research services only and cannot execute or carry out purchase or sale transactions on behalf of a client. Clients should not permit the Research Analyst to execute trades on their behalf.
Fees
For individual and HUF clients, the aggregate fee for all research services of the Research Analyst is subject to the maximum fee limit prescribed by SEBI/RAASB from time to time. The current limit is ₹1,51,000 per annum per family of client, excluding applicable statutory charges. This limit does not apply to non-individual clients or accredited investors.
Advance Fees and Refund
Fees may be charged in advance where agreed with the client, subject to the period permitted by SEBI. The current permitted advance period is one quarter. In case of premature termination, the client is entitled to a proportionate refund for the unexpired period, subject to applicable terms and regulations.
Payment Methods
Fees may be paid through permitted banking channels such as cheque, online bank transfer or UPI. Cash payments are not permitted. Clients may also use CeFCoM where the Research Analyst has opted for the mechanism.
No Guaranteed Returns
No assured, guaranteed or fixed returns, or schemes of a similar nature, are offered. The Research Analyst does not guarantee returns, profits, accuracy or risk-free investments.
Market Risk
Investments made based on research recommendations are subject to market risks. Recommendations do not provide any assurance of returns. Any reliance on research reports is based on the client's own judgment and assessment.
Conflict of Interest
The Research Analyst will comply with applicable SEBI requirements relating to identification, disclosure and mitigation of actual or potential conflicts of interest.
Registration Does Not Guarantee Performance
SEBI registration, RAASB enlistment and NISM certification do not guarantee the performance of the Research Analyst or assure any returns to the client.
Grievance Redressal
- Step 1: Contact Growth Master/Gaurav Garg using the grievance contact details provided on the website.
- Step 2: If the resolution is unsatisfactory, a grievance may be lodged through SEBI SCORES at https://scores.sebi.gov.in.
- Step 3: The client may also consider Online Dispute Resolution through the SMART ODR platform at https://smartodr.in.
Client Contact Details
Clients should keep their email address and mobile number updated with the Research Analyst.
Account Credentials
The Research Analyst will never ask for trading account, demat account or bank account login credentials or OTPs. Clients should never share such information with anyone, including the Research Analyst.