Terms of Service

1. Acceptance of Terms

These Terms of Service ("Terms") constitute a legally binding agreement between you ("Client", "User", "you") and Chavan Capital (also referred to as "we", "us", "our"), operating as an AMFI Registered Mutual Fund Distributor under ARN-324301, registered at Chaware Complex, Solapur Road, Madha, Maharashtra – 413209.

These Terms apply to all services offered by Chavan Capital, including mutual fund distribution, investment consultation, financial planning guidance, and any content or tools provided on our website chavancapital.com.

By submitting any investment instruction, signing any form, or continuing to use our services, you confirm that you have read, understood, and agree to these Terms.

2. Nature of Services

Chavan Capital is an AMFI Registered Mutual Fund Distributor (ARN-324301). This means:

• We are authorised to distribute mutual fund products on behalf of registered Asset Management Companies (AMCs)
• We are not a SEBI Registered Investment Advisor (RIA)
• We are not a portfolio manager or fund manager
• We do not hold, manage, or have custody of your funds at any time
• All investments are held directly in your name with the respective AMC

Our services include: mutual fund distribution (SIP, lumpsum, ELSS), investment consultation, portfolio review, financial literacy, and referral to insurance products. The information we provide is educational and based on your disclosed financial profile — it does not constitute formal investment advice as defined under the SEBI (Investment Advisers) Regulations, 2013.

3. Eligibility

To avail our services, you must:

• Be at least 18 years of age (or a legal guardian acting on behalf of a minor investor)
• Be a resident Indian citizen, or a Non-Resident Indian (NRI) eligible to invest in Indian mutual funds under FEMA regulations
• Have a valid PAN card and complete KYC (Know Your Customer) verification as required by AMFI/SEBI
• Have a valid Indian bank account for investment transactions
• Provide accurate and truthful information during the onboarding process

Chavan Capital reserves the right to decline service to any individual who does not meet eligibility criteria or provides false information.

4. Investment Risk Acknowledgement

By investing through Chavan Capital, you acknowledge and accept that:

• The NAV (Net Asset Value) of mutual fund schemes may go up or down based on market conditions and factors affecting the securities market
• Past performance of a mutual fund scheme is not necessarily indicative of future performance
• There is no guarantee or assurance of returns on any investment
• Investments in equity-oriented schemes are subject to higher risk and short-term volatility
• ELSS schemes have a mandatory lock-in period of 3 years
• Redemption may be subject to exit loads depending on the scheme and holding period
• Tax implications of investments depend on individual circumstances — consult a tax advisor for specific tax advice

Chavan Capital does not guarantee any specific return, profit, or protection of capital on any investment.

5. Client Responsibilities

As a client of Chavan Capital, you are responsible for:

• Providing accurate, complete, and up-to-date personal, financial, and KYC information
• Informing us promptly of any changes to your contact information, bank details, or financial circumstances
• Reading and understanding the Key Information Memorandum (KIM) and Scheme Information Document (SID) of any scheme before investing
• Making investment decisions based on your own assessment of risk tolerance and financial goals
• Ensuring sufficient funds are available in your bank account for SIP mandates on due dates
• Keeping your login credentials for the InvestWell platform confidential and secure
• Notifying us immediately of any unauthorised access to your account
• Not using our services for any unlawful purpose, including money laundering or tax evasion

6. Our Responsibilities

Chavan Capital commits to:

• Maintaining AMFI registration and compliance with all SEBI and AMFI regulations at all times
• Disclosing all commissions and trail fees received from AMCs at the time of investment
• Acting in the best interest of our clients when making fund recommendations
• Maintaining the confidentiality of your personal and financial information
• Processing investment instructions accurately and in a timely manner
• Providing regular portfolio updates, account statements, and annual gain/loss reports
• Being available for consultation during business hours (Monday–Saturday, 10:00 AM – 6:00 PM)
• Informing clients of significant changes to their portfolio or the schemes they are invested in

7. Commission and Fee Disclosure

Chavan Capital earns remuneration exclusively through distributor commissions paid by AMCs. This is a fully transparent, AMFI-regulated model:

• We distribute Regular Plans of mutual fund schemes. The expense ratio of Regular Plans includes a distributor commission component.
• This commission does not represent an additional charge to the investor — it is already incorporated within the scheme's total expense ratio (TER)
• The commission structure is disclosed to you in the Common Application Form at the time of investment, as mandated by AMFI
• We do not charge any separate advisory fee, account maintenance fee, or onboarding fee
• Initial consultation and portfolio review services are provided free of charge

Clients wishing to invest in Direct Plans (which have lower expense ratios but no distributor service) can do so directly through AMC websites or platforms. We are happy to guide you on the difference.

8. Limitation of Liability

To the maximum extent permitted by applicable law:

• Chavan Capital shall not be liable for any loss or damage arising from market movements, NAV fluctuations, or investment outcomes
• We are not liable for delays, errors, or failures caused by AMC processing systems, banking systems, or technical infrastructure beyond our control
• We are not liable for losses arising from instructions you provided that were inaccurate or incomplete
• We are not liable for any indirect, incidental, consequential, or punitive damages arising from your use of our services
• Our total aggregate liability in any matter shall not exceed the trail commission earned from your account in the 12 months preceding the claim

Nothing in these Terms limits our liability for fraud, wilful misconduct, gross negligence, or any liability that cannot be excluded by law.

9. Website Use

You agree to use the chavancapital.com website only for lawful purposes and in accordance with these Terms. You must not:

• Attempt to gain unauthorised access to any part of the website or its underlying systems
• Transmit any material that is unlawful, defamatory, offensive, or infringes any intellectual property right
• Use automated tools (bots, scrapers) to extract data from our website
• Attempt to disrupt the operation of the website through denial-of-service attacks or similar methods

The SIP and Lumpsum calculators on our website are provided for illustrative purposes only. Results are based on assumed rates of return and do not represent guaranteed outcomes.

10. Intellectual Property

All content on the Chavan Capital website — including text, design, logos, graphics, the "Chavan Capital" brand name, and the "CC" monogram — is the intellectual property of Chavan Capital.

• You may not reproduce, republish, or distribute any content from our website without prior written permission
• The AMFI ARN-324301 and associated regulatory credentials are official registrations and may not be replicated
• References to AMC names and fund house logos are used for identification purposes only and remain the property of respective AMCs

11. Termination of Services

Either party may terminate the service relationship:

• By you: You may discontinue services at any time by informing us in writing. Existing investments remain in your name with the respective AMCs and are unaffected — only the distributor attribution changes.
• By us: We may discontinue services if you provide false information, engage in illegal activity, repeatedly fail to respond to communications, or for any other reasonable cause with reasonable notice.

Termination does not affect your investment holdings, which remain entirely under your ownership and are accessible directly through the AMC or CAMS/KFintech registrars.

12. Grievance Redressal

We take client grievances seriously. If you have a complaint:

• Step 1: Contact us directly at contact@chavancapital.com or +91 97090 39999. We aim to resolve all complaints within 7 business days.
• Step 2: If unresolved, you may escalate to AMFI at www.amfiindia.com
• Step 3: For securities-related complaints, you may approach SEBI's SCORES platform at scores.gov.in

13. Governing Law & Jurisdiction

These Terms of Service are governed by and construed in accordance with the laws of India, including but not limited to:

• The Securities and Exchange Board of India Act, 1992
• AMFI Guidelines and Codes of Conduct for Mutual Fund Distributors
• The Prevention of Money Laundering Act, 2002 (PMLA)
• The Information Technology Act, 2000

Any dispute arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts at Solapur, Maharashtra, India.

These Terms constitute the entire agreement between you and Chavan Capital regarding your use of our services and supersede all prior agreements and understandings.