Equity: Investments in securities market are subject to market risks, read all the related documents carefully before investing. Please read the SEBI prescribed Combined Risk Disclosure Document prior to investing.

Futures and Options (derivatives): Derivatives are a sophisticated investment device. The investor is requested to take into consideration all the risk factors before actually trading in derivative contracts.

Risk Disclosure on Derivatives

As per a SEBI study dated 25th Jan 2023
9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to ₹ 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Mutual Funds: Mutual Fund Investments are subject to market risks, please read the offer document carefully prior to investing. Relitrade Stock Broking Private Limited is a distributor of Mutual Funds. (ARN Code: ARN-147999)

IPO: Relitrade Stock Broking Private Limited is a distributor of IPO.

Bonds/Debentures: Relitrade Stock Broking Private Limited is a distributor of Bonds and Debentures.

PMS: Investments in securities are subject to market risk and there is no assurance or guarantee of the objectives of the Portfolio strategies being achieved. Relitrade Stock Broking Private Limited is not a SEBI registered PMS. Relitrade Stock Broking Private Limited is engaged into distribution of various PMS Funds by associating with various SEBI registered PMS Funds.

NRI related services: This service does not constitute an offer to sell or a solicitation of an offer to buy any shares, securities or other instruments to any person in any jurisdiction where it is unlawful to make such an offer or solicitation. This service is not intended to be any form of an investment advertisement, investment advice or investment information and has not been registered under any securities law of any foreign jurisdiction and is only for the information of any person in any jurisdiction where it may be lawful to offer such a service.

DND / TRAI related: Please note that by submitting details you are authorising Relitrade Stock Broking Private Limited (or its authorised/group entities) to send you any communications through any modes, including but limited to in the form of messages, voice calls, through any digital means/channels including WhatsApp, Telegram, Instagram, Messenger, any over-the-top communication services etc., even if you are registered under DND (Do not Disturb). Please also note that communications with Relitrade Stock Broking Private Limited representatives may be recorded for internal quality and training purposes.

Margin Trading Facility (MTF): The terms and conditions prescribed hereunder form part of the account opening form, shall be read in conjunction with the rights and obligations as prescribed under SEBI circular no. CIR/ MIRSD/ 16/ 2011 dated August 22, 2011 and the Rules, Regulations, Bye Laws, Rights and Obligations, Guidelines, and Circulars issued by SEBI and Exchanges from time to time. Refer terms & conditions here. All the offers related to MTF are subject to provisions under SEBI circular CIR/MRD/DP/54/2017 dated June 13, 2017.

Call and Trade: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Available only to registered clients

In case any specific security/securities are displayed in the advertisement as examples, “The securities quoted are exemplary and are not recommendatory.”

In case of talking about past performance of any scrip or product or strategy, “Past performance does not indicate the future performance.”

Third Party Products

Relitrade Stock Broking Private Limited is a corporate trading and clearing member of Bombay Stock Exchange Limited (BSE), National Stock Exchange of India Limited (NSE), Multi Commodity Exchange (MCX). Our businesses include stock broking, services rendered in connection with distribution of primary market issues and financial products like mutual funds, depository services and Portfolio Management. Relitrade Stock Broking Private Limited is also a depository participant with Central Depository Services (India) Limited (CDSL).

Relitrade Stock Broking Private Limited is also a “Distributor” registered with the Association of Mutual Funds in India (AMFI). We are registered as a Research Analyst under SEBI (Research Analyst) Regulations, 2014.

Apart from Relitrade Stock Broking Private Limited own products/services, Relitrade Stock Broking Private Limited is also acting as a distributor of third party products or Mutual Funds, PMS services, IPO/ESOP financing, Debt Mutual Funds, Hybrid Funds, Nifty Link Debenture, Equity /debt structure, Alternative Investment Funds, AMCs, structured Product / Services etc. The products, services and benefits referred to herein are subjected to the terms and conditions governing them as specified by Relitrade Stock Broking Private Limited / third party from time to time. Nothing contained herein shall constitute or be deemed to constitute an advice, invitation or solicitation to sell/purchase of any products/services of Relitrade Stock Broking Private Limited / third parties and is not intended to create any rights and obligations. Relitrade Stock Broking Private Limited does not accept any responsibility for any loss or damage incurred by anyone in reliance on anything set out in this document. The information set out herein is subject to modification and may change materially. Any investment in such third party products/services shall constitute a binding contract between you and the third party company. Relitrade Stock Broking Private Limited shall not be liable or responsible for any loss, claim or shortfall resulting from third party’s products/services. Whether to accept the third party products/services offered by Relitrade Stock Broking Private Limited shall be at your sole discretion, independent analysis and at your own evaluation of the risk involved. However, Relitrade Stock Broking Private Limited does not guarantee or warrant the accuracy, adequacy or completeness of any third party services offered by Relitrade Stock Broking Private Limited. Relitrade Stock Broking Private Limited holds no responsibility as regard to the fees, any discrepancies, errors or omissions, losses, damages or any other transaction between you and third party. Please note that any dispute, claim, difference or any type of complaint pertaining to the services provided by third parties, shall not be entertained by Relitrade Stock Broking Private Limited and you will not have recourse to dispute redressal mechanism/arbitration mechanism/investor protection schemes of the Stock Exchanges/SEBI. Any Dispute, claim, difference or any complaint shall be subjected to the respective agreements/transaction entered by you with such third party/parties. Relitrade Stock Broking Private Limited specifically states that Relitrade Stock Broking Private Limited or any of its directors, employees, authorized persons, etc. shall not hold any financial liability or contingent liability towards you/any third party in respect of transactions between you and third party. Relitrade Stock Broking Private Limited has no direct or indirect business relationship with the above-mentioned third-party research service provider for providing the said Research recommendation.

Relitrade Stock Broking Private Limited act as a referral for the third party products and does not own any liability for the said products. Since these are not Exchange traded product and Relitrade Stock Broking Private Limited is acting as distributor/referrer, all disputes with respect to the distribution/referral activity, would not have access to Exchange investor redressal forum or Arbitration mechanism.

Research Disclaimer

Relitrade Stock Broking Private Limited (hereinafter referred as “Relitrade” / “the Company”) is registered with the Securities and Exchange Board of India (SEBI) as a Research Analyst, with SEBI Registration No. INH000028954. Our research services are provided in accordance with the SEBI (Research Analysts) Regulations, 2014, as amended from time to time. Registration with SEBI does not constitute an endorsement by SEBI of the research services offered or a guarantee of their performance.

Relitrade is engaged in diversified financial services including equity, currency & commodity broking, depository participant (DP) services, distribution of Mutual Fund and other investment products. Relitrade is registered with the Securities & Exchange Board of India (SEBI) as a Stock Broker and is a registered Trading member of the National Stock Exchange of India Limited (“NSE”), the BSE Limited (“BSE”) and Multi Commodity Exchange of India Limited (MCX). It is also a Depository Participant registered with Central Depository Services Limited (CDSL) and member of Association of Mutual Funds of India (AMFI).

Our Research Analyst function operates independently of our stock broking activities, separated by internal information barriers (“Chinese wall” policies) designed to identify, manage and disclose potential conflicts of interest in accordance with applicable regulatory requirements.

Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Purpose and Nature of Research: Our research reports, investment ideas and market views are intended solely for informational and educational purposes for the named recipient. They should not be construed as an offer, invitation or solicitation to buy or sell any security or financial product, and should not be forwarded, reproduced or redistributed without our prior consent. Research recommendations do not provide any assurance or guarantee of returns; if any person offers you assured or guaranteed returns in the name of Relitrade, please report this to SEBI immediately.

Basis of Research: The information, data and opinions contained in our research are derived from sources believed to be reliable. However, Relitrade does not guarantee the accuracy, completeness or adequacy of such information. Market conditions may change without notice, and our views or recommendations may change accordingly without prior intimation.

No Obligation: Clients are under no obligation to maintain a trading account with Relitrade or to execute trades through the Company to act upon our research recommendations. Likewise, clients using our stock broking services are not required to subscribe to our research services.

Risk Factors: Investments in the securities market are subject to market risks; read all related documents carefully before investing. Past performance is not necessarily indicative of future performance. Investors are advised to evaluate their financial objectives, risk profile and investment needs carefully and, where appropriate, seek independent professional advice before making any investment decision.

Conflict of Interest: The Company, its directors, employees, associates or affiliates may from time to time have financial or business interests in the securities discussed, including actual/beneficial ownership of 1% or more in the subject company as of the end of the month preceding publication, and may provide brokerage or other permitted financial services to companies covered in the research. Specific disclosures, where applicable, are made within individual research reports as required under SEBI regulations.

Disciplinary History: No material disciplinary actions have been taken by SEBI or any other regulatory authority against Relitrade or its Research Analysts.

You may also lodge a complaint on SEBI’s SCORES portal (https://scores.sebi.gov.in) or via the SMARTODR platform for online dispute resolution.

By accessing or relying on our research reports or recommendations, investors acknowledge that they have read and understood this disclaimer. For detailed disclosures, investor grievance details and regulatory information, please visit www.relitrade.in.

“Investments in securities are subject to market risks;
read all related documents carefully before investing.”