Stockifi

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 Research Analyst with respect to the investors

To publish research report based on the research activities of the RA
To provide an independent unbiased view on securities.
To offer unbiased recommendation, disclosing the financial interests in recommended securities.
To provide research recommendation, based on analysis of publicly available information and known observations.
To conduct audit annually
To ensure that all advertisements are in adherence to the provisions of the Advertisement Code for Research Analysts.
To maintain records of interactions with all clients including prospective clients.

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

Onboarding of Clients
- Sharing of terms and conditions of research services
- Completing KYC of fee paying clients
Disclosure to Clients
- To disclose information that is material for the client to make an informed decision, including business activity, disciplinary history, risks, and conflicts of interest.
- To disclose the extent of use of Artificial Intelligence tools in providing research services
- To disclose conflicts of interest of third-party research reports
- To disclose any conflict of interest of the research analyst’s activities.
To distribute research reports and recommendations to clients without discrimination.
To maintain confidentiality of research reports until published publicly.
To respect data privacy rights of clients.
To disclose timelines for services and adhere to them.
To guide clients when recommending complex and high-risk products.
To treat all clients with honesty and integrity.
To ensure confidentiality unless information must be disclosed legally or with client consent.

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

1. Investor can lodge complaint/grievance against Research Analyst in the following ways:

Mode of filing the complaint with research analyst:
In case of any grievance / complaint, an investor may approach the concerned Research Analyst who shall strive to redress the grievance immediately, but not later than 21 days of receipt.

Mode of filing the complaint on SCORES or with RAASB:

SCORES 2.0 (https://scores.sebi.gov.in)
Two level review:
- First review done by designated body (RAASB)
- Second review done by SEBI
Email to designated email ID of RAASB

2. If not satisfied with resolution, investor can file complaint on SMARTODR platform for online conciliation or arbitration.

Physical complaints may be sent 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. Rights of investors

Right to Privacy and Confidentiality
Right to Transparent Practices
Right to fair and Equitable Treatment
Right to Adequate Information
Right to Initial and Continuing Disclosure
- Right to receive information about all statutory and regulatory disclosures
Right to Fair & True Advertisement
Right to Awareness about Service Parameters and Turnaround Times
Right to be informed of timelines for each service
Right to be Heard and Satisfactory Grievance Redressal
Right to have timely redressal
Right to Exit from Financial product or service per agreed terms
Right to receive guidance when dealing in complex financial products
Additional Rights to vulnerable consumers
- Right to access services in a suitable manner even if differently abled
Right to provide feedback on financial products and services
Right against coercive, unfair, and one-sided clauses

F. Expectations from the investors (Responsibilities of investors)

Do’s
1. Always deal with SEBI registered Research Analyst.
2. Ensure that the Research Analyst has a valid registration certificate.
3. Check for SEBI registration number: SEBI Registered Analysts List
4. Pay attention to disclosures made in research reports.
5. Pay fees via banking channels only, and keep signed receipts.
6. Check research recommendations before investing or applying in public offers.
7. Ask questions and clear doubts before acting on recommendations.
8. Seek guidance especially for complex or high-risk products.
9. You have the right to stop availing services as per agreed terms.
10. You have the right to provide feedback on services.
11. Inform SEBI about analysts offering assured returns.
Don’ts
- Do not provide funds for investment to the Research Analyst.
- Don’t fall prey to luring advertisements or market rumors.
- Do not get attracted by discounts, incentives, or gifts.
- Do not share trading or banking login credentials.