DISCLAIMERS

AXELA INDIA, AXELA | PRIVATE WEALTH, FUNDPE ®, AXELA | Consulting, (herein after referred to as "AXELA ®") is acting as a distributor across various financial products and offers a broad range of execution services to its Clients. AXELA ® is registered with the Association of Mutual Funds in India (AMFI) as a Mutual Fund Distributor. AXELA ® does NOT provide Investment Advisory Services in any manner or form.

AXELA ® is registered with AMFI (Association of Mutual Funds in India) engaged in the business of distribution of third-party financial products or acts as a referral agent of third party financial products and services (Investment Products).

We do not charge any additional investment, advisory, or profit-sharing fees on distribution of financial products. Your investments \ risk cover \ credit requirements are directly placed in the SEBI / IRDAI / RBI regulated AMC (Asset Management Company) fund houses, Insurance companies, and Lending Entities, and we earn a commission from the fund \ insurance \ lending entities house directly, ensuring you get the best services without hidden costs.

Investments / Mutual funds are subject to market risks. Please read all scheme-related documents carefully before investing your wealth. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a mutual fund or designing a portfolio that suits your needs.

We provide a wide range of financial and investment services; however, please note that we may not be directly registered with all relevant regulators for certain services. Where applicable, some services may be offered through our registered partners, and in such cases, we act as a referral partner. These services are provided in collaboration with our licensed and regulated partners, who are fully authorized by the respective regulatory authorities. We strongly recommend that you review the terms and conditions of our website, our partners, and the respective product and service manufacturers, and ensure that all services you avail of are compliant with applicable laws and regulations. Axela disclaims any liability for the services provided by these third-party partners and encourages you to seek professional advice where necessary.

The terms and conditions contained herein are binding on the Client. The Client agreed to avail facilities/services from the AXELA ® after fully understanding the entire terms and conditions. The terms and conditions shall be subject to amendments, if any, from time to time at the sole discretion of AXELA ® and such amendments shall be binding on the client. The updated version of these General Terms & Conditions shall be available on AXELA ®’s website www.axela-india.com.

Roles and Responsibilities of AXELA ®

AXELA ® shall endeavour to provide a range of products and services that it feels are suitable for Clients based on their financial needs, risk profile, investment objectives and other information provided by them.

AXELA ® shall endeavour to provide Clients with product related documents, forms, terms and conditions, agreements, term-sheets and fee structures of products that are made available to them. AXELA ® shall be entitled to presume that Clients have read and understood the material(s) provided and have made an informed decision prior to investing in the products offered.

AXELA ® shall maintain complete confidentiality on all information about Clients and their investments, instructions, confirmation and other communication during and for one year after the termination of the client relationship. Provided that AXELA ® may provide such information. as it may consider necessary and to the extent permitted by regulations to (a) agents and intermediaries to which specific functions have been delegated or through whom the instructions Clients are executed, (b) the employees, advisors and legal counsel of AXELA ®.

The Client has option to authorize AXELA ® by executing a Power of Attorney in favour of the AXELA ® to execute instructions of the Client or its authorized representative in respect to the transactions of Investments / Dis-Investments in securities in client’s name. AXELA ® may furnish, wherever required, a certified copy of the Power of Attorney and other documents on behalf of the Client to the Company/ Registrar/Mutual Fund or any third party.

For giving instructions and communication pursuant to services availed by Clients or Authorised Person(s) of Clients, and where permitted by Regulations, AXELA ® is entitled to presume that the Instructions and communication may be given by any one, or some, or all such Clients or Authorised Person(s) of Clients to the accounts and, each and every such instruction and communication would be binding on all of them.

Where the client has availed of the trading facility of Exchange or any other such facility offered by any Platform for transacting in the units of mutual fund schemes on MFSS / BSE Star by NSE / BSE or any other such platform respectively offered through AXELA ®, the client agrees to abide by the terms and conditions specified by NSE / BSE / Platform from time to time.

The Client authorizes AXELA ® to disclose/share, all such information pertaining to the Client with the companies /entities /subsidiaries /affiliates of AXELA ® or their agent’s Banks / Financial Institutions /Statutory Bodies as may be required from time to time, for the Client to be able to avail of any or all of the services provided by AXELA ® under this arrangement or any other such services. The Client shall undertake not to hold AXELA ® and /or companies /entities / subsidiaries /affiliates/ employees of AXELA ® and / or their agents liable or responsible for use of the aforesaid information.

The Client expressly agree and acknowledge that any information contained in the AXELA ®’s Brochures or other materials or otherwise communicated by AXELA ® shall not be constructed as investment advice and that all decisions to purchase or sell units/securities made by the client and shall be based on own personal judgment arrived at after due consideration. AXELA ® does not assure or promise any bonus, interest, dividend. guaranteed returns and profit.

The Client undertakes to read all the relevant Offer Documents/ Scheme Information Documents and addendums thereto and terms and conditions of all schemes of all mutual funds and other issues of securities before entering into any transactions and the Client agrees to abide by the terms, conditions, rules and regulations as applicable from time to time.

All decisions to invest in securities through AXELA ® shall be at the sole and exclusive discretion of Clients. All risks and liabilities attendant to the transactions shall by borne by Clients and AXELA ® shall not in any manner be liable to make good any loss sustained or suffered by Clients based on such decisions.

The Client acknowledges that AXELA ® or its representatives shall not be under any obligation to provide him with any tax, legal, accounting, investment advice or advice regarding the suitability or profitability of investment of any kind nor does AXELA ® or its representatives give any advice or offer any opinion with respect to the nature, potential value or suitability of any particular transaction or investment strategy.

AXELA ® may, from time to time and on Clients' express request, refer them to independent third-parties, with whom AXELA ® has referral / distribution agreements and for which it may receive a distribution / referral fee, for making investments in products or avail services offered by such third-parties solely and entirely at their own risk and liability. In this regard, AXELA ® acts purely as a referral / distribution agent and all risks and liabilities incidental to such dealings between the Clients and third-parties shall be borne by Clients and /or by third party. AXELA ® shall not in any manner be liable to make good any loss sustained or suffered by Clients based on such decisions.

The Client(s) understand(s) that:

a. All applications received by AXELA ® are subject to the cut-off times and AXELA ® shall not be responsible for any delay or any losses, damages or costs arising due to non-submission/delay in submission of the applications, and

b. For operational reasons, AXELA ® shall forward only those instructions that are received prior to a cut off time, which may be earlier than the actual cut-off time prescribed to AXELA ® by third parties and AXELA ® shall not be liable for any losses, damages, costs or expenses arising out of non-forwarding or delay in forwarding transaction instruction received after such cut-off times.

Neither AXELA ®, nor any of the Mutual Funds /nor the issuer shall be liable for any failure to perform its obligations, to the extent that such performance had been delayed, hindered or prevented by systems failures network errors, delay or loss of data due to the aforesaid, Acts of God, floods, epidemics, quarantine, lockdown, riot or civil commotion and war.

The Client understands that direct investments in bonds /debentures /equity /equity related instruments /mutual fund /venture capital fund may carry significant liquidity, credit and default risk, pricing risk, including the possible loss of principal amount invested. Past results are not a guarantee of future performance; yield or performance fluctuates and may not be a reflection of past results. The Client shall make investments after carefully understanding the Investment products. AXELA ® shall not be liable or held liable for any consequences thereof.

The instructions with regard to the transactions may be given through by sending email from registered email ID or by making the call from registered telephone number/mobile number or any other reasonable mode as permitted by AXELA ®.

AXELA ® and its authorised officer(s) shall be entitled to rely on the communication sent through telephone, fax or electronic media as genuine and act in a bonafide manner on the instructions and confirmations contained therein without further verification. However, AXELA ® may at its sole discretion refuse to act on such communication till the receipt of a confirmation in writing. Further the Client hereby undertakes that it is aware of the risks involved in using electronic modes of communication and agrees to not hold AXELA ® liable/responsible in any way for any issues, consequences, loss, damages , liabilities that may arise on account of using such electronic modes of communication including emails, fax, telephones, websites etc.

AXELA ® shall not be liable for any loss or damage caused to Clients by reasons of

(a) any delay by Clients in providing Instructions or communication to AXELA ®, and

(b) any error, default and failure by the Client in providing instructions or communication to AXELA ®.

If any communication is unclear, ambiguous or incomplete, in the sole and exclusive determination of AXELA ®, it shall not be obliged to act upon the same until clear and unambiguous communication to the satisfaction of AXELA ® have been provided by Clients. All such actions shall be binding on Clients and AXELA ® shall not incur any liability for any such act or omission.

The Client hereby undertakes to indemnify AXELA ® for any losses , damage, or liabilities it may end up suffering on account of any usage of electronic mode of communication for or on behalf of the client including relying upon instructions received in such manner from the Client(s).

AXELA ® shall be entitled to record the phone conversations between Clients and AXELA ® without further intimation to Clients.

Deal Instructions for securities transactions, shall be delivered to AXELA ® only during business hours of AXELA ®, i.e., at present between 9:00 to 3:30 p.m. on a working day, and only on business days (which term shall mean a day on which financial and/or other securities and money markets located at the place where AXELA ® branch rendering services is located are open for business and trading); all other communication may be delivered up to 5:30 pm on business days. For any communication or instructions received after the prescribed hours or on non-business days, AXELA ® shall have the discretion to deem it to have been received on the next business day.

Client Undertakings

AXELA ® shall not be liable for any instructions executed or any orders placed prior to the receipt of any communication cancelling or superseding such earlier communication.

Tax statements provided by AXELA ® pertaining to transactions in Client portfolios are for guidance purposes only and shall not be used by Clients to compute their tax liabilities. Clients shall compute their tax liability based on information provided by Brokers, Mutual Funds, Depository Participants, Custodians, Portfolio Managers, etc. in consultation with their independent tax advisors, if any.

The Client understands and agrees that the mutual fund / RTA / issuer company / stock exchanges / may cancel, close or reject any contract suo-moto without giving any reason thereof. In the event of such cancellation, closure or rejection, AXELA ® shall be entitled to cancel relative contract(s) with the Client and the Client shall not raise any objection for it and hold AXELA ® liable for it.

Further to any change in the details of the client including but not limited to the Demat account, Bank Account, Address, registered contact email ID, shall be first intimated to AXELA ® who may in turn liaise with the Issuer Company / Mutual Fund Asset Management Company or its respective registrar to update such changes. The Issuer may reject such requests and, in such event, AXELA ® shall not be liable for any such rejection.

In case of NRI client(s), Client(s) shall ensure that they are aware of and comply with the provisions of the exchange control and other applicable regulations that pertain to their investment In securities to the Indian capital markets. AXELA ® shall not be liable for loss or damage in any manner caused by or resulting from any non-compliance by Clients in this regard.

In the event of any change in the status of the Clients, the Clients shall forthwith inform AXELA ® of the same.

Clients shall comply with all laws, regulations, procedures, practices and guidelines given by the competent authorities in so far as applicable to them, including but not limited to compliance with applicable provisions of the Foreign Accounts Tax Compliance Act (FATCA). AXELA ® shall not be responsible or held liable for any breach by Clients of such laws, regulations, procedures, practices and guidelines.

Communication in the form of application forms or letters of instruction for any transaction shall be completely filled and signed by Clients prior to their submission to AXELA ®. Neither AXELA ® nor its employees shall be responsible in any manner whatsoever, for any Incorrect information being submitted by Clients. Blank or partially completed documents signed by Clients and handed over to any employee of AXELA ® shall be solely at their own risk if they are not processed or misused in any manner and Clients shall not hold AXELA ® liable or responsible in any manner whatsoever.

Unless otherwise specified by Clients in writing, AXELA ® shall communicate With Clients through letters in physical delivered to their communication address; or through phone and fax to their phone and fax numbers; or through SMS to the mobile number; or through email to their email address.

No offer, no advice, no solicitation:

The information, products, data, services, tools and documents contained or described on this Website, including Group Content, Proprietary Content and Third Party Content (the “Content”) are for information purposes only and constitute neither an advertisement or curation, nor an offer or solicitation or an invitation to buy or sell financial products or avail financial services or an invitation to make any offer to buy or sell financial products or provide financial services, or to effect any transaction or to enter into any legal or fiduciary relations. The financial products or services mentioned on this Website are not suitable for all investors. Prior to making investment decisions investors should conduct a thorough due-diligence and obtain all necessary professional advice for all financial products, including your eligibility to make such investment in terms of the applicable law. Nothing on this Website constitutes investment, legal, accounting or tax advice or opinions, or a representation that any investment or strategy is suitable or appropriate for individual circumstances, or otherwise constitutes a personal curation for any specific investor. AXELA ® will not be liable to any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of this material in any manner if an investment decision is made before independently assessing, with a professional advisor, his/her/their investment objective, suitability, specific risk factors and appetite and strategy as well as legal, regulatory, credit, tax and accounting consequences. AXELA ® does not in any way through this Website solicit any offer for purchase, sale or any financial transaction/ mutual funds/securities/products or any other financial instrument/product dealt on this Website.

Disclaimer of Product/Service Information:

Mutual fund and other investments are subject to the market risks and there is no assurance or guarantee that the objectives of mutual fund or alternate investment schemes will be achieved. As with any investment in securities or instruments, the Net Asset Value of the units issued under the mutual fund scheme or other investments can go up or down depending on the factors and the forces affecting the capital and underlying markets. Please read the offer document / scheme information document carefully. Investments are subject to risks, where these risks could be security or market specific and arising from company, industry, credit, political, economic (including without limitation, domestic/ liquidity, interest rate, reinvestment, war, supply chain, derivative, commodity, currency, technological, civil unrest, policy, legal, force majeure, market disruption, counter party risks) and several other risk factors. Nothing on this Website constitutes investment, legal, accounting, structuring or tax advice, or a representation that any investment or strategy is suitable or appropriate for individual circumstances. The financial products mentioned on this Website are not suitable for all investors. Any person subscribing to or investing in any securities/financial instruments/products should do so on the basis of and after verifying the terms attached to such product/financial instrument. Financial products and instruments are subject to market risks and yields may fluctuate depending on various factors affecting capital, debt, money, commodity, currency, derivative or other markets. All recipients of this material should before dealing and or transacting in any of the products referred to in this material make their own investigation, seek appropriate professional advice. AXELA ® and any of its officers directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of this material in any manner. The recipient alone shall be fully responsible/ are liable for any decision taken on the basis of this material. All recipients of this material should before dealing and/or transacting in any of the products referred to in this material make their own investigation and seek appropriate professional advice, including advice on eligibility to make such investment in terms of the applicable law. Financial products/instruments/securities such as fixed deposits, certificate of deposits, commercial papers, insurance policies/products/funds, money market instruments, NCDs, debentures, bonds, are loans/lending/debt instruments and funds or pooled vehicles such as mutual funds, alternative investment funds, real estate investment trusts, infrastructure investment trusts may invest in such debt instruments and the Investors must additionally satisfy themselves on the financial health of the issuer of such debt instruments before making any investment decision. AXELA ® takes no guarantee of soundness of any issuer or scheme. AXELA ® does not undertake to provide or make available all required information to any person if asked for in respect of any such issue or instruments or schemes. Neither do we, nor any person in Our Group represents any other person in any manner, unless as expressly mentioned pursuant to a legal relationship amongst us in writing and on such terms and conditions stipulated by us.

Disclaimer of Performance, Projections and Forward Looking Statements:

Please note that past performance, projections, forward looking statements of the financial products or securities and instruments does not necessarily indicate the future prospects and performance thereof. Past performance, projections and forward looking statements of the Sponsors/ Mutual Fund / Alternative Investment Funds or their affiliates does not indicate the future performance of their schemes. The past performance is not an indication of the future performance of an investment. Such past performance may or may not be sustained in future and are subject to risk of complete loss of capital invested. The value of investments may be subject to market volatility and fluctuations and investors may not get back the initial amount invested.

General Disclaimer:

We do not owe any legal duty of care and are not required to take any precaution in compilation of Contents for the Website. We do not guarantee the adequacy or completeness of any information and neither are responsible for any errors or omissions or for the results obtained from the use of such information nor are you indemnified for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of this material in any manner. We cannot be held liable for any damages (monetary, legal or otherwise) caused by any error, omission, interruption, deletion, defect, failure, and that it has no financial liability whatsoever to any user on account of the use of the Contents provided on this Website.

Any use of the Contents on this Website and any investments and investment related-decisions are at the sole and exclusive discretion and risk of such persons making an investment. There may be changes in the legal, tax and the regulatory regimes or financial markets which could adversely affect investments or holdings in the financial products/securities/instruments/insurance policies or availing the services. Investments in the products/services may stand a risk of loss of capital depending on nature of such products/services and you are advised to conduct your own due diligence and read any further product/service related documentation such as offer documents, prospectus, memorandums or other similar documents making or purporting to make an offer or invitation to subscribe or offer or otherwise soliciting an investment (“Terms of Offer”) of any such issuer/seller, scheme or other person making such Terms of Offer for such offerings/products/services carefully before making any investment decision.

Neither AXELA ® or members of Our Group (including any of its affiliates), nor their directors, employees, consultants and agents accept any responsibility and/or liability or warrant or guarantee the performance or profitability of the Products/Services nor do they warrant or guarantee the returns and that the investment objectives of the Products/Services shall be achieved at any time and in any manner whatsoever. We make no representations and/or warranties and/or guarantees, express or implied, regarding the accuracy, completeness or reliability of any information/contents, features, products/services provided on this Website, the software or the Terms of Offer and the same would be deemed to be on an ‘as-is’ basis.

TO THE FULL EXTENT PERMITTED BY CURRENT LAWS AND/OR REGULATIONS, AXELA ® SHALL NOT BE LIABLE FOR ANY
a) LOSS OF PRINCIPAL OR CAPITAL OR PROFITS OR REVENUE OR SAVINGS OR GAINS OR OTHER ECONOMIC LOSS,
b) LOSS OF BUSINESS OR GOODWILL,
c) LOSS OF OR DAMAGE TO DATA,
d) INCIDENTAL OR SPECIAL LOSS,
e) INCIDENTAL OR SPECIAL LOSS,
f) WASTED OR LOST MANAGEMENT TIME OR OPPORTUNITY, OR
g) INDIRECT OR CONSEQUENTIAL LOSS ARISING FROM USE OF OR ACCESS TO THE WEBSITE, EVEN IF ADVISED OF THE POSSIBILITY
h) OF ANY SUCH LOSS OR DAMAGE OR IF SUCH LOSS OR DAMAGE WAS FORESEEABLE.

LOCAL LEGAL RESTRICTIONS

The Content is not intended for access or use by or distribution to any individual or legal entity in any jurisdiction or country where such distribution, publication or use would be contrary to the law or regulatory provisions or in which members of the Group. (individually and together “AXELA ®”) does not hold the necessary registration or license. Individuals or legal entities in respect of whom such prohibitions apply, whether on grounds of their nationality, their place of residence or on other grounds, must not access or use the Website.

Communication

AXELA ® shall provide its services on a best effort basis. However, AXELA ® shall not be liable for any failure or for any loss, damage or other costs arising in any way out of:

a) System failure including failure of ancillary or associated systems, or fluctuation of power, or other acts of God /force majeure;

b) Accident, neglect, misuse, errors, frauds on the part of the Client or any agent of the Client or agents or any third party, or

c) Any incidental, special or consequential damages including without limitation of loss of profit.

AXELA ® shall not be liable to Clients for loss caused to them arising out of any act or omission by AXELA ®, except when such loss anises due to gross negligence, wilful misfeasance in connection with the discharge of duties, or wilful default. AXELA ® shall in no event be liable for the acts of other intermediaries, bankers, brokers, custodians, etc.

AXELA ® reserves the right to refuse to provide services or to require the Client(s) to close its Account with AXELA ® without assigning any reason for such decisions.

Miscellaneous

All services provided by AXELA ® shall be governed by and constructed in accordance with the laws of India. Any dispute, controversy or claim between AXELA ® and the Clients shall be settled by arbitration to be held in Mumbai, unless otherwise specified in any Agreements executed with AXELA ® in accordance with the provisions of The Arbitration and Conciliation Act, 1996 or any subsequent enactment. The language of Arbitration shall be English. The award of the arbitrator shall be final and binding.

Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

In case PAN is not seeded with AADHAAR before 31st March, 2023, or any other date as notified by Government, it will not be considered as a valid PAN. Please visit https://eportal.incometax.gov.in/iec/foservices/#/pre-login/bl-link-aadhaar to link it now.

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

Additional Disclaimers for AXELA  ®

The information provided by AXELA ® on this website/platform is intended solely for informational purposes and does not constitute an offer, solicitation, or recommendation for the purchase or sale of any financial products & services. AXELA ®, as a financial products distributor, does not provide investment advice and is not authorized to recommend specific investment products or strategies.

Investment Risks:

Mutual Fund  / Investments are subject to market risks, and past performance is not indicative of future results. Investors should carefully read the relevant offer document or scheme information document (SID) of the mutual fund before making any investment decisions.

The value of investments in mutual funds may fluctuate, and investors may not get back the amount originally invested. Please consult a financial advisor for personalized advice.

No Guarantees of Returns:

AXELA ® does not guarantee or assure any returns on mutual fund investments. Any reference to past performance is not an indication of future performance, and all investments are made at the investor’s own risk.

Accurate Information:

AXELA ® strives to provide accurate and up-to-date information regarding mutual fund schemes. However, AXELA ® does not guarantee the accuracy, completeness, or reliability of any information presented. The user must verify all details independently before acting on any information.

Third-Party Content:

Any links to third-party content, advertisements, or external websites are for convenience only. AXELA ® does not endorse or control the content of these third-party websites and is not responsible for any claims, services, or content provided by them.

Legal and Regulatory Compliance:

AXELA ® is a registered mutual fund distributor under SEBI guidelines and adheres to all applicable regulations. However, users must ensure compliance with all local laws, rules, and regulations when accessing or using the platform. The Terms of Use and Privacy Policy apply to all users and subscribers of AXELA ®'s services.

Not Investment Advice:

AXELA ® does not provide personalized investment advice and does not act as an investment advisor. All content and materials provided by AXELA ® are for informational purposes only. Users are encouraged to seek professional investment advice before making any financial decisions.

Limitation of Liability:

AXELA ®, its affiliates, or any other third parties mentioned on the platform are not liable for any direct, indirect, incidental, or consequential damages arising from the use or inability to use the information provided, including errors or omissions, loss of data, or any other technical issues.

By using this platform or service, you acknowledge that you have read, understood, and agreed to this Disclaimer. Please read the full Terms of Use and Privacy Policy for additional details on our policies.

Arbitration

These Terms and Conditions, the construction and enforcement of Its terms shall be governed by and construed in all respect with the laws of India.

The Client understand that all disputes and differences arising out of, under or in connection with these terms and conditions or anything done hereunder shall be within the exclusive jurisdiction only to the courts of Mumbai. Further these terms and conditions are subject to and shall be construed in accordance with the laws prevalent in India.

If any term or condition herein is declared or becomes invalid or unenforceable in any jurisdiction such term and/or condition shall not become or be unimpaired invalid or unenforceable to any other jurisdiction and the remaining terms and conditions herein shall remain unimpaired and in full force and effect in all jurisdiction.