Terms & Conditions

Jio BlackRock Investment Advisers Private Limited (hereinafter referred to as “JBIAPL”), registered with Securities and Exchange Board of India as an Investment Advisor, bearing Registration No. INA000020314 provider investment advisory services through its Platform (website, mobile application and such other technology platform owned and operated by Jio BlackRock Investment Advisers Private Limited.
By subscribing to the subscription services of JBIAPL, the Client / you agree to be bound by these User Terms and Conditions, Legal Notice, Privacy Policy and the Investment Advisory Agreement. If you do not accept and agree to these terms, please refrain from using the subscription services. JBIAPL reserves its right to modify these User Terms and Condition, at its sole discretion, without giving you any prior notice. Any updates to these User Terms and Conditions shall be published on the Platform. Continuing to access and the continue usage of the services on the Platform shall constitute an acceptance of such revised User Terms and Conditions.

Terms which are capitalised but not defined herein shall have the same meaning as prescribed under the Legal Notice and the Privacy Policy of JBIAPL.

i. “Client Discretion” means that the Client has a choice to override the suggested strategies at its own discretion. However, any such deviation from the Investment Advice may result in outcomes which do not align with the financial objectives of the Client. For an outcome of such deviation, JBIAPL disclaims all responsibility and liability.

ii. “Investment Advice” means advise relating to investing in, purchasing, selling or otherwise dealing in securities or investment products, and advice on investment portfolio containing securities or investment products and shall include financial planning. However, investment advice given through newspapers, magazines or any other broadcasting or electronic medium, which is widely available to the public shall not be considered as investment advice for the purpose of these regulations.

iii. “Investment Advisor” means any person, who for consideration, is engaged in the business of providing investment advice to clients or other persons or group of persons and includes any person who holds out himself as an investment adviser, by whatever name called.

iv. “Portfolio Rebalancing” means the process of adjusting the weightings of different assets within an investment portfolio. This practice involves redeeming specific investments and reallocating funds to other assets in order to restore the desired asset allocation. The goal of portfolio rebalancing is to ensure that the asset mix aligns with the proportions which are initially set, taking into account the risk tolerance and expected returns. JBIAPL periodically reviews and rebalances investment advice based on market conditions and investment strategies. Client will receive a notification on the Platform regarding any portfolio rebalancing action.

i. The Client affirms that it possesses the legal capacity to enter into a contract as per the applicable laws and regulations of Republic of India.

ii. The Client confirms that it is eligible to invest in the financial and capital markets and is not prohibited from any such activities by virtue of any order, judgment or regulation issued by SEBI, Reserve Bank of India or any other regulatory authority.

iii. The Client confirms that it is not listed as a prohibited or banned list maintained by any national or international authorities and agencies, including the United Nations.

iv. The Client consents that it shall enter into an Investment Advisory Agreement with JBIAPL to get access to information about all products and services, including the risk-return profiles of investment strategies. v. The Client shall comply with all applicable laws, User Terms and Conditions, Privacy Policy and Legal Notice at all times.

vi. The Client agrees to provide accurate and updated KYC details as required under applicable laws and regulations. The Client further agrees that it shall promptly update the KYC details, if there are any changes. vii. The Client acknowledges that an accurate risk profile assessment is crucial for receiving suitable investment advice. Each time the risk assessment is completed, the Client shall confirm that the results align with its financial goals and risk tolerance. Client agrees that it shall retake the assessment periodically or whenever there are changes to the information provided by it.

viii. The Client confirms that that it is financially independent and making investments through the Platform of JBIAPL solely on its own behalf.

ix. The Client confirms that it shall make all investments through its own personal bank account or where it is the first holder of a joint bank account and the funds used are from legitimate sources. x. The Client confirms that it shall pay the advisory fees / subscription fees in a timely manner. JBIAPL reserves its right to revise the advisory fees upon intimation to the Client, as per appropriate means as permitted under law.

xi. The Client understands that while implementing the investment advice on the Platform, if any, the investment amount shall be directly transferred to the respective bank account of the Asset Management Company (“AMC”, i.e., the company managing the mutual fund schemes in compliance with the SEBI regulations) and that JBIAPL does not receive the funds in its bank account. The Client further understands that JBIAPL only receives payments from the Client for fees owed to it for rendering investment advisory services.

i. The Client undertakes that it shall keep all information provided to it by JBIAPL, including the investment advice and the login credentials. The Client absolves JBIAPL and its directors, officers, employees, representatives and agents from the misuse of its login credentials or other confidential information on account of the negligence of the Client.

ii. The Client undertakes not to use any information obtained through the Platform of JBIAPL, for any unfair trade practices or any other non-compliant or unlawful business activity.

iii. The Client undertakes and affirms that it has not received, nor has it been induced by JBIAPL to avail any services through rebates, gifts, or non-cash benefits, either directly or indirectly for any and all products or services available on JBIAPL.

iv. The Client undertakes that any transactions pertaining to the products and services available on the Platform of JBIAPL pertaining to the ‘direct’ plans of mutual fund schemes, shall be tagged with the SEBI RIA Code INA000020314 of Jio BlackRock Investment Advisers Private Limited.

v. The Client undertakes that it has the necessary experience and knowledge to understand the risks involved in investments and have adequate infrastructure to access online investment advisory services. vi. The Client undertakes that it is aware that investments are subject to market risks and agrees to review all relevant scheme documents carefully before investing.

vii. The Client undertakes that it understands that SEBI registration, BASL membership, or NISM certification neither guarantees performance of the products and services referred by JBIAPL or guarantees assured returns. viii. The Client undertakes that it is fully aware of the procedures available for raising complaints or grievances with JBIAPL, SEBI Scores and SEBI ODR.

JBIAPL reserves the right to terminate, suspend or freeze the account of a Client under the following scenarios:

i. Breach of these User Terms and Conditions, Privacy Policy, Legal Disclaimer or Investment Advisory Agreement.

ii. Breach of any applicable law, rule or regulation.

iii. Upon order from a competent court of jurisdiction or order from a regulatory authority or government agency.

iv. Misrepresentation or gross misconduct by the Client while providing information during the onboarding or during the course of the advisory services / arrangement between the parties.

In the aforementioned scenarios, JBIAPL shall not be liable for any direct or indirect losses, damages, expenses, costs, resulting from such termination, suspension or freezing of the account.

The Client agrees that JBIAPL shall not be responsible, accountable or liable for any of the investment decisions made by the Client.

The Client further understands and agrees that service availability is not guaranteed and occasional downtimes may occur due to maintenance services, technical issues or third-party disruptions.

The Client acknowledges and agrees that the Client shall solely be liable for deciding whether to implement the advice provided by JBIAPL and that JBIAPL shall not be liable for any losses which the Client incurs.