1) Use of Information and material on this Website
The Products and Services as referred to in this Website are offered only in countries where they may be lawfully offered by Opulent. Opulent retains the absolute right to determine eligibility for subscription to any of the Services.
During your visit to this Website, however, you may download the material displayed, for personal use only, provided you retain all intellectual property legends contained in the materials, if any. We neither warrant nor represent that your use of materials displayed on this Website will not infringe rights of third parties not owned by Opulent or affiliated with Opulent. For the removal of doubt, it is clarified that unlimited or wholesale reproduction, or copying of the content for commercial purposes and unwarranted modification of data and information within the content of the website is not permitted.
Opulent may store the information provided by you during the registration process for the Service and provide aggregate statistical information about users to potential advertisers and other third parties. Opulent may use the information provided by you to inform you about other publications, products and services. However, no one other than Opulent and its affiliates will receive your name, address, phone number, e-mail address, or other specific personal information, without your consent.
The User of this Website declares and agrees that the User is a natural / legal person who has attained the age of Majority (18 years age and 21 years in case a guardian is appointed).
Persons who cannot enter into legally binding contract in accordance with the provisions of the Indian Contract Act, 1872, including person of unsound mind and un-discharged insolvents etc. are not entitled to use the Website.
If the User violates any of these Terms, or otherwise violate an agreement entered into through the medium of the Website, Opulent may, delete User's profile and any content or information posted by the User on the Website and/or prohibit the User from using or accessing the Website at any time in its sole discretion, with or without notice, including without limitation if it believes that you have not attained the age of Majority.
3) Our Intellectual Property
The content and information contained within our Website or delivered to you in connection with the use of our Website is the property of Opulent and any other third party (where applicable). The trademark, trade names and logos (the "Trade Marks") that are used and displayed on our website include our registered and unregistered Trade Marks and of third parties. Nothing contained on our Website should be construed as granting any license or right to use any Trade Marks displayed on our Website. We retain all proprietary rights on our Website. Users are prohibited from using the same without the written permission of Opulent or such other third parties. The materials on this Website are protected by copyright and no part of such materials may be modified, reproduced, stored in a retrieval system, transmitted (in any form or by any means), copied, distributed, used for creating derivative works or used in any other way for commercial or public purposes without the prior written consent of StockAxis.
You further acknowledge that the Website may contain information which is designated confidential by us and that you shall not disclose such information without our prior written consent.
Your information is regarded as confidential and, therefore, will not be divulged to any third party except as set forth in this and any other term of use applicable to our website.
5) Control of Your Password
When you sign up to become a User, you will also be asked to choose a password. You are entirely responsible for maintaining the confidentiality of your password. It is important that you protect it against unauthorized access of your account and information by choosing your password carefully, and keeping your password and computer secure by signing out after using our services.
7) Refund & Termination Policy:
For Investment Advisory Services:
As per the SEBI Guidelines, our clients are entitled to a refund for the reminder of the unexpired service tenure in case of a premature termination of our Investment Advisory Services. Kindly note that a breakage fee amounting to the fee of one quarter & the GST amount shall remain excluded from the refund amount. Following samples can be referred for better clarity:
Refundable amount = Fees paid (-) breakage fees ie fee of one quarter (-) Fee of the utilised subscription tenure (-) GST amount.
Example 1: Mr A subscribed to StockAxis Multibaggers Portfolio for Rs. 20,000/- on 1st of April & made an payment of Rs. 10,000/- for the next 2 quarters ie 6 months. He then decided to terminate his subscription & initiated a refund request on April 5. As per SEBI Guidelines, he shall be initiated a refund as per the following computations:
|Fee Paid (Including GST)
||GST (18%) deduction
||Breakage fee deduction (1 Quarter)
||Fee for service utilised (5 days)
Example 2: Mr B subscribed to StockAxis Multibaggers Portfolio for Rs. 20,000/- on 1st of April & made an payment of Rs. 10,000/- for the next 2 quarters ie 6 months. He then decided to terminate his subscription & initiated a refund request on May 5 . As per SEBI Guidelines, he shall be initiated a refund as per the following computations:
|Fee Paid (Including GST)
||GST (18%) deduction
||Breakage fee deduction (1 Quarter)
||Fee for service utilised (1 month 5 days)
Example 3: Mr C subscribed to StockAxis Multibaggers Portfolio for Rs. 20,000/- on 1st of April & made an payment of Rs. 10,000/- for the next 2 quarters ie 6 months. He then decided to terminate his subscription & initiated a refund request on July 5. As per SEBI Guidelines, he shall be initiated a refund as per the following computations:
As the unutilised subscription tensure is less than one quarter which is the breakage fee, there shall be no applicable refund after the necessary deductions of breakage fee, Utilised service fee & GST.
For Research Analyst Services: (Terms updated on June 16th, 2022)
We follow a 30-day 100% refund policy* for all Equity Research services. In case the client wants to terminate the service due to unsatisfactory service, then the client may initiate a refund request within 30 days from the date of payment and he/she shall receive a full refund without any deductions whatsoever.
Kindly note that Subscription charges, offers, refund policies and promotions are subject to change. The price in effect and the terms and conditions for your specific subscription at the time of your payment will be applicable to your subscription.
8) Links to other Websites
StockAxis might contain links to other websites. Opulent is not responsible for the content, accuracy or opinions express in such websites, and such websites are not investigated, monitored or checked for accuracy or completeness by us. Inclusion of any linked website on StockAxis does not imply approval or endorsement of the linked website by us. If you decide to leave StockAxis and access these third-party websites, you do so at your own risk.
By using this website, it is deemed that you have consented to receiving calls, autodialed and/or pre-recorded message calls, SMS, from us or our vendors, at any time, on the telephone number / contact information that has been provided by you even if the contact number you have entered is on DND (Do not Disturb), for the use of this Website or our services. We may send inquiry confirmation / intimation, booking confirmation, cancellation, payment confirmation, schedule change or any such other information relevant for the transaction, via SMS or by voice call on the contact number given by the User at the time of registration / reservation. We may also contact you to clarify your inquiry, seek additional details pertaining to it, etc. The use of this website is also your consent to receive SMSs from us and our vendors at any time, as we deem fit. This consent to be contacted is for purposes that include and are not limited to clarification calls and marketing and promotional calls.
Our SMS alerts will be subject to guidelines of Telecom Regulatory Authority of India (TRAI) and Department of Telecom (DoT) as well as to the terms and conditions of third-party merchants, services of whom Opulent might avail of. By signing up for SMS alerts, you agree to allow us to send you SMS alerts, even if your number is registered in the Do Not Disturb (DND) registry. We do not commit, guarantee, assure or promise any returns based on our recommendations. You act solely based on your individual risk-bearing ability and your perception of the equities market.
You hereby unconditionally consent that such communications via SMS and/ or voice call is (a) upon your request and authorization, (b) ‘transactional’ and not an ‘unsolicited commercial communication’ as per the guidelines of Telecom Regulation Authority of India (TRAI) and (c) in compliance with the relevant guidelines of TRAI or such other authority in India and abroad. We provide all our recommendations via SMS, Email & app notification. The deliveries of the SMS on national and international numbers are solely dependent on the vendor's infrastructure and the network of the receiver. We will not be responsible on delayed in delivery or non-delivery of the SMS.
You hereby agree and undertake to indemnify us against all types of losses and damages incurred by us due to any action taken by TRAI, Access Providers (as per TRAI regulations) or any other authority due to any erroneous compliant raised by you against us with respect to the intimations mentioned above or due to a wrong number or email id being provided by you for any reason whatsoever.
11) No Warranty:
- THE SERVICES AND THE SOFTWARE ARE PROVIDED "AS IS" WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR NON-INFRINGEMENT. THE SOFTWARE MAY CONTAIN DEFECTS, BUGS, INOPERABLE FEATURES, ERRORS OR INCOMPLETE CODE. You assume total responsibility and risk for your use of the Service and the Software. Opulent does not guarantee that the Service or the Software will be uninterrupted or error free; it is provided on an "as available" basis. Opulent and its affiliates do not warrant the accuracy, completeness or timeliness of the news and information available through the Service. You acknowledge that any reliance upon any such news, statements or other information shall be at your sole risk.
- Opulent does not guarantee the accuracy of the information available through the Service and you agree not to rely on any information or other content available through the Service without making your own independent investigation and exercising you own business judgments. Neither Opulent nor any of its data or content providers shall be liable for any errors or delays in the information or other content available through the Service, or for any action taken in reliance thereon.
- No offer on our part with respect to the sale or purchase of any securities is intended or implied, and nothing contained herein is to be construed as a recommendation to buy or sell any securities.
- NRI Users must ensure that stocks recommended by us are not in RBI ban list before investing or executing the order with their trading member.
13) Limitation of Liability
15) Special Rights conferred to European Citizens/ Data Subjects:
16) Suggestions, Complaints, And Disputes
Suggestions and complaints are to be first addressed to Customer Support at email@example.com
18) Applicable Laws
Your use of this Website and any Term and Conditions is subject to laws of India. In case of any disputes arising out of the use of the Website, Courts of Mumbai will have exclusive jurisdiction.
Opulent reserves the right to add, alter, modify, withdraw, replace, wholly or in part, any of the contents and/or columns and/or sections by any other contents and/or columns and/or sections, whether similar or not, or withdraw it altogether without any prior notice. In case of dispute with any party, our decision will be binding and final.
20) Risk Profiling Disclaimer
You also acknowledge that you will complete the Risk Profile Questionnaire and comply with the KYC norms as described by SEBI on time to time. Opulent may, in its absolute discretion, suspend/hold the services where the KYC requirements are incomplete or incorrect or showing status as pending in KRA sites. The User will not hold Opulent liable for such incidents.