Terms & Conditions

1. Introduction and Acceptance of Terms

These Terms and Conditions ('Terms', 'Agreement') constitute a legally binding contract between you ('Client', 'User', 'you') and MAHIR Investment Advisers Private Limited ('MIA', 'Company', 'we', 'us', 'our'), a company incorporated under the Companies Act, 2013 and registered as an Investment Adviser with the Securities and Exchange Board of India ('SEBI') under the SEBI (Investment Advisers) Regulations, 2013 ('IA Regulations').

By accessing, downloading, installing, or using the MIA mobile application ('App') or website ('Platform'), or availing any services offered thereon, you agree to be bound by these Terms in their entirety.

2. Definitions

In these Terms, the following expressions shall have the meanings assigned to them below:

• "Services" means investment advisory services, portfolio guidance, financial planning content, risk profiling, educational resources, and any other offerings provided by MIA through the Platform.
• "Platform" collectively means the MIA mobile application and website (www.mahir.in) and all associated digital interfaces.
• "Client Agreement" means the separate formal agreement executed between MIA and each Client as mandated under SEBI IA Regulations, 2013.
• "KYC" means Know Your Customer documentation and verification as required under applicable SEBI, PMLA, and RBI guidelines.
• "AUA" means Assets Under Advice the aggregate value of the client's investment portfolio for which MIA provides advisory services.

3. Eligibility Criteria

To use the Platform and avail MIA's Services, you must satisfy all of the following conditions:

• Be a natural person of at least 18 years of age possessing legal capacity to enter into binding contracts, or a body corporate, LLP, partnership firm, HUF, AOP, or trust duly authorized under its constitutional documents.
• Not be a person barred or prohibited from receiving investment advisory services under any court order, regulatory direction, or applicable law.
• Complete full KYC verification as mandated by SEBI and PMLA guidelines before availing investment advisory services.
• Provide accurate, complete, and up-to-date information including income details, net worth, investment horizon, risk tolerance, and financial goals.
• Reside and be domiciled in India. Non-resident clients are subject to additional regulatory requirements and must notify MIA of their NRI/OCI/PIO status at onboarding.

4. Nature and Scope of Services

MIA provides personalized investment advisory services as a SEBI-registered Investment Adviser. All advice is based on your risk profile, financial situation, investment objectives, investment horizon, and other relevant parameters disclosed by you.

4.1 Investment Advisory Services

MIA does not exercise discretionary management over client portfolios; all final investment decisions rest with the client.

4.2 Services NOT Offered

• Portfolio Management Services (PMS) requiring a separate SEBI registration
• Stock broking, trading, or order execution services
• Insurance advisory, distribution, or brokerage services
• Commodity trading advisory or futures/options advisory
• Guaranteed returns products or capital protection schemes

5. Fee Structure and Payment Terms

MIA charges fees for investment advisory services in strict compliance with SEBI (IA) Regulations, 2013.

All fees are payable as per the schedule specified in the individual Client Agreement. GST at the applicable rate and all other statutory taxes shall be charged over and above the advisory fee.

6. Client Obligations and Representations

As a Client of MIA, you represent, warrant, and unconditionally agree that:

• All information provided during onboarding, KYC, risk profiling, and thereafter is truthful, accurate, complete, and not misleading.
• You will promptly notify MIA in writing of any material change in your financial circumstances, employment, risk appetite, or investment goals.
• You understand and accept that investment advice is based entirely on information provided by you, and inaccurate or incomplete information may result in unsuitable advice for which MIA bears no liability.
• You shall not use the Platform or Services for any unlawful purpose including money laundering, tax evasion, fraud, market manipulation, or circumvention of regulatory requirements.
• Your login credentials, OTP, password, and account access are personal and non-transferable. You shall be solely responsible for all activities conducted through your account.

7. Grievance Redressal Mechanism

In accordance with SEBI IA Regulations and SEBI Circular on investor grievance redressal:

8. Governing Law and Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of India. Any disputes arising under or in connection with these Terms shall be subject to the exclusive jurisdiction of courts located in Pune, Maharashtra, subject to arbitration provisions contained in the individual Client Agreement.

9. Amendments to Terms

MIA reserves the right to amend, modify, or update these Terms at any time with or without prior notice. All amendments shall be published on the Platform. Continued use of the Platform after publication of amendments constitutes your irrevocable acceptance of the amended Terms.