SEBI Disclosures

SEBI’s mandatory disclosure requirement on all ‘Investment Adviser’ websites

This page contains all the regulatory disclosures required to be displayed on the website.

To learn more about this, you can view the SEBI Circular here

SEBI Registration Details

Basavaraj Tonagatti | RIA No: INA200010889 |
Reg. Type: Individual | Validity: Perpetual
Reg. address: 1446, Aastha, Sir M Vishweshwarayya Layout, 5th Block, Bangalore-560056.

Regulatory Complaints Disclosure

Southern Regional Office,
7th Floor, 756-L,
Anna Salai,
Chennai – 600002

Regulatory Complaints Disclosure

SEBI mandates all RIAs to display the complaints status on the website as shown below.

Investors can first contact the intermediary in case of complaints, in our case through the contact us page.

The SEBI ‘SCORES’ website that facilitates investors in logging any complaints against listed companies or intermediaries can be accessed here.

Link to SEBI’s SCORES website and mobile app on Android

Data as of last month ending : April 30th, 2023

S.No.	Received from	Pending as of last month	Received	Resolved*	Total pending#	Pending >3 months	Avg. resolution time^
	Total	0	0	0	0	0	0
1	Directly from investors	0	0	0	0	0	0
2	SEBI – SCORES	0	0	0	0	0	0
3	Other sources	0	0	0	0	0	0

* Inclusive of complaints of previous months/years resolved in the current month/year |
^Time in days | # Inclusive of complaints pending as on the last day of the month/year

Trend of monthly disposal of complaints

S.No.	Month	Carried fwd. from prev. month	Received	Resolved*	Pending#
1	Apr-23	0	0	0	0
2	May-23
3	Jun-23
4	Jul-23
5	Aug-23
6	Sep-23
7	Oct-23
8	Nov-23
9	Dec-23
10	Jan-24
11	Feb-24
12	Mar-24
	Total	0	0	0	0

–

* Inclusive of complaints of previous months/years resolved in the current month/year |
^Time in days | # Inclusive of complaints pending as on the last day of the month/year

Trend of annual disposal of complaints

S.No.	Month	Carried fwd. from prev. month	Received	Resolved*	Pending#
1	2018-19	0	0	0	0
2	2019-20	0	0	0	0
3	2021-22	0	0	0	0
4	2022-23	0	0	0	0
5	2023-24	0	0	0	0

* Inclusive of complaints of previous months/years resolved in the current month/year |
^Time in days | # Inclusive of complaints pending as on the last day of the month/year

Disclosure with respect to compliance with annual compliance audit requirement under Regulations 19(3) of SEBI Investment Advisers Regulation 2013 for last and current financial year are as under :

Sr. No	Financial Year	Compliance Audit Status	Remarks, if any
1	FY 2020-21	Conducted	NA
2	FY 2021-22	Conducted	NA
3	FY 2022-23	–	–

SEBI’s Investor Charter in respect of Investment Advisers (IAs)

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, aspect 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 obtain registration with Know Your Client Registration Agency (KRA) and Central Know Your Customer Registry (CKYC).
To conduct audit annually.
To disclose the status of complaints in its website.
To disclose the name, proprietor name, type of registration, registration number, validity, complete address with telephone numbers and associated SEBI regional/local Office details in 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.

C. Details of services provided to investors (No Indicative Timelines)

Onboarding of Clients
- Sharing of agreement copy
- Completing KYC of clients
Disclosure to Clients
- To provide full disclosure about its business, affiliations, compensation in the agreement.
- To not access client’s accounts or holdings for offering advice.
- To disclose the risk profile to the client.
To provide investment advice to the client based on the risk-profiling of the clients and suitability of the client.

D. Details of grievance redressal mechanism and how to access it

In case of any grievance / complaint, an investor should approach the concerned Investment Adviser and shall ensure that the grievance is resolved within 30 days.
If the investor’s complaint is not redressed satisfactorily, one may lodge a complaint with SEBI on SEBI’s ‘SCORES’ portal which is a centralized web based complaints redressal system. SEBI takes up the complaints registered via SCORES with the concerned intermediary for timely redressal. SCORES facilitates tracking the status of the complaint.
With regard to physical complaints, investors may send their complaints to: 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.

E. Expectations from the investors (Responsibilities of investors)

Do’s

Always deal with SEBI registered Investment Advisers.
Ensure that the Investment Adviser has a valid registration certificate.
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&intmId=13)
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.
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.
Ask all relevant questions and clear your doubts with your Investment Adviser before acting on advice.
Assess the risk–return profile of the investment as well as the liquidity and safety aspects before making investments.
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.
Be vigilant in your transactions.
Approach the appropriate authorities for redressal of your doubts / grievances.
Inform SEBI about Investment Advisers offering assured or guaranteed returns.

Don’ts

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

SEBI Investor Charter

To facilitate investor awareness, SEBI has created an ‘Investor Charter’ pertaining to Investment Advisers,
displayed below for your reference.