Welcome to moneyguru!
1.1 Moneyguru operates an online investment platform combined with a daily focal point for market data, financial news and portfolio monitoring. 1.2 Moneyguru, inter alia, provides (i) for investment transactions; (ii) financial news and information regarding market data; and (iii) portfolio management (“Service”).
You will be eligible to register on the Platform and use the Service only if (i) you have attained at least 18 (eighteen) years of age; and (ii) you are competent to enter into a contract under the Applicable Laws.
3.1 You will be required to register on the Platform to use the Service. You can access financial news, articles and market data on registering on the Platform using your email address. However, in case you would access any other Service on the Platform, including investment transactions, you will be required to provide your PAN, Aadhaar and bank account details and any other details as required by moneyguru in accordance with the BSE Star guidelines. 3.2 You shall not share the details of your login, including the username and password provided to you by moneyguru with any third party. You shall be responsible for keeping the username and password confidential and secure. In case of any breach of your account, you shall immediately notify moneyguru of such breach. Notwithstanding any information supplied by you in this regard, moneyguru shall not be responsible for any actions or transactions due to any unauthorised use of your account. 3.3 You cannot have more than one account on the Platform at any point of time. 3.4 Moneyguru reserves the right to modify its registration requirements at any time. 3.5 By registering on the Platform, you consent to receive communication from moneyguru in all forms including phone calls, emails, mailers, and text messages. This consent shall supersede any registration, or preferences set, by you with the Do Not Disturb Register (DND Register) or the National Customer Preference Register (NCPR).
4.1 You can add and track stocks, check the value of your fund investments and market data, access your capital gain, profit and loss, risk assessment reports and transaction reports using the Platform. 4.2 You agree and acknowledge that all information, including those mentioned herein, provided to you hereunder is compiled and aggregated from external sources, which are beyond the control of moneyguru. Moneyguru does not modify any information provided to you. You acknowledge that inaccuracies may occur, and moneyguru does not warrant the accuracy or suitability of the information. You shall make your own investigations and evaluations, and use your best judgement prior to relying upon any information provided to you by moneyguru. 4.3 You acknowledge that information herein is provided to you on an “as is, with all faults” basis. Moneyguru expressly disclaims any and all warranties, whether express, oral, implied or otherwise, of any kind, including any implied warranties of accuracy, timeliness, completeness, merchantability and fitness for a particular purpose, as well as any warranties arising by virtue of custom of trade or course of dealing and any implied warranties of title or non-infringement. In addition, in providing the information, moneyguru makes no endorsement of any particular security, market participant, or brokerage. Further, moneyguru does not represent or warrant that it will meet your requirements or is suitable for your needs. 4.4 You can purchase or redeem mutual funds on the Platform. 4.5 When you initiate your first transaction, you will be asked to verify your registered email address, phone number, and provide complete details of your aadhaar card and bank account in order to prevent any unauthorised transactions through your account. You shall be solely responsible for transactions made on the Platform through your account. 4.6 In the event there are any transactions not authorised by you, you shall immediately notify moneyguru of such unauthorised transaction. Moneyguru shall not be responsible or liable in any manner for any transactions due to any unauthorised use of your account. 4.7 All investment transactions are subject to the terms of the mutual fund chosen by you. The completion of any investment transaction initiated by you shall be prior to the cut-off time of the relevant mutual fund. Moneyguru shall not be responsible for any investment transactions initiated after the cut-off time of the relevant mutual fund. 4.8 Notwithstanding anything contained in Clause 4.7, moneyguru and its directors, employees, affiliates, agents, representatives or subcontractors, shall not be liable for any loss or liability resulting, directly or indirectly, from delays or interruptions of any manner, including delays due to electronic or mechanical equipment failures, and telephone interconnect problems in relation to any investment transaction initiated by you. 4.9 It is specifically clarified that moneyguru solely facilitates the investment transaction. Any transfer of money by you in relation to any investment transaction initiated through the Platform is directly from your bank account to the mutual fund. Moneyguru does not handle or hold any money for any investment transaction. 4.10 The data and information provided on the Platform, including any model portfolio communicated to you, does not constitute advice. You shall make your own investigations and evaluations, and use your best judgement prior to initiating any transaction on the Platform. 4.11 Moneyguru expressly disclaims any and all warranties, whether express, oral, implied or otherwise, of any kind including any implied warranties of accuracy, completeness, and performance of model portfolio and/or funds. 4.12 You shall at all times ensure full compliance with the applicable provisions of the Information Technology Act, 2000, and the rules thereunder as applicable and amended from time to time and also all applicable domestic laws, rules and regulations regarding your use of the Service.
5.1 The Platform provides a brief summary of the top financial news stories of the day, collated and aggregated from publicly available news resources. 5.2 The newsletters, brochures, and articles on market overview on various financial and market related topics shall be communicated to you and is available on the Platform. All such newsletters, brochures and articles are solely for the purposes of your own information and education. 5.3 Moneyguru is not responsible or liable for any of the content or accuracy of the summary of content that may be accessed by you on the Platform.
6.1 Moneyguru owns all intellectual property rights in respect of the Services including any literature, reports, data, drawings, designs, diagrams, tables, software, source code or object code or other information or materials, howsoever stored or held, acquired, created, developed, designed or in any way prepared, by moneyguru. 6.2 Using moneyguru’s Services does not give you ownership of any intellectual property rights, including any branding or logos, in moneyguru’s Services or the content you access. You shall not rent, lease, sublicense, distribute, transfer, copy, reproduce, publicly display, publish, adapt, store or time-share content from the Services or any part thereof, or any of the information received or accessed from the Platform or moneyguru to or through any other person or entity. You shall hold moneyguru indemnified for any infringement of third party intellectual property rights in accordance with Clause 9. 6.3 Moneyguru hereby grants you a limited, non-exclusive, non-assignable, revocable and non-transferable privilege to access the Platform provided that you continue to be governed by all of the terms and conditions set forth in this Agreement.
7.1 You understand and agree that the Services do not constitute any form of advice, recommendation, endorsement or arrangement. The information published on the Platform should not be interpreted as a recommendation for you to buy, sell, or hold that or any other security, financial product or investment. The opinions expressed on the Platform do not constitute investment advice. 7.2 You acknowledge that there may be interruptions to the Services provided to you. Moneyguru and its directors, employees, affiliates, agents, representatives or subcontractors, shall not be liable for any loss or liability resulting, directly or indirectly, from delays or interruptions due to electronic or mechanical equipment failures, telephone interconnect problems, defects, weather, strikes, walkouts, fire, force majeure, riots, armed conflicts, acts of war, or other like causes. Moneyguru shall have no responsibility to provide you with access to the Platform while interruption of the Services is due to any such cause shall continue. 7.3 Moneyguru is not responsible for the availability of content or other services on third party sites linked from the Platform. You agree and are aware that access of hyperlinks to other internet sites are at your own risk and the content, accuracy, opinions expressed, and other links provided by these sites are not verified, monitored or endorsed by moneyguru in any manner. Moneyguru does not make any warranties and expressly disclaims all warranties express or implied, including without limitation, those of merchantability and fitness for a particular purpose, title or non- infringement with respect to any information or services or products that are available or advertised or sold through these third party websites.
8.1 Moneyguru may immediately, without notice terminate this Agreement and the Services provided to you if (i) you have breached your obligations under this Agreement or any other moneyguru policies; (ii) you have violated applicable laws, regulations or third party rights; or (iii) moneyguru, in its sole opinion, believes in good faith that such action is reasonably necessary to protect the personal safety or property of moneyguru, its users, or third parties, or their respective reputations. 8.2 Moneyguru shall be entitled to terminate this Agreement without assigning any reason thereof, and moneyguru shall not be liable to make any payments or refunds thereof.
9.1 You agree to release, defend (at moneyguru’s option), indemnify, and hold moneyguru and its affiliates and subsidiaries, and their officers, directors, employees and agents, harmless from and against any claims, liabilities, damages, losses, and expenses, including, without limitation, reasonable legal and accounting fees, arising out of or in any way connected with (i) your breach of this Agreement or any other moneyguru’s policies; (ii) your improper use of the Platform or the Services, including without limitation any injuries, losses or damages of any kind, including loss of reputation, arising in connection with or as a result of such interaction, participation or use; (iii) your breach of any laws, regulations or third party rights, including any infringement of intellectual property; or (iv) any unauthorised use of your account on the Platform.
10.1 This Agreement shall be governed in all respects by the laws of India and you agree to submit to the exclusive jurisdiction of the courts of Bangalore. 10.2 Moneyguru’s failure to exercise or enforce any right or provision of this Agreement shall not constitute a waiver of such right or provision and does not waive the right to act with respect to subsequent or similar breaches. 10.3 If a court of competent jurisdiction holds any provisions of this Agreement to be invalid or unenforceable, the remaining provisions will remain in full force and effect and be construed so as to be enforceable to the maximum extent permissible by law.
11.1 Mutual fund investments are subject to market risks, please read all scheme-related documents carefully. 11.2 The section headings contained in this Agreement are for reference purposes only and shall not in any way affect the meaning or interpretation of this Agreement.