DISCLOSURE-RA
Firm Name: Samar Wealth Advisors
Registered Office Address: 31-A, Race Course Road, Amritsar, Punjab - 143001
Research Analyst SEBI Registration Number: INH000018036 (Validity: Perpetual)
BASL Membership ID: 6345
Principle Officer Details:
Name: Raghav Wadhwa
Email: Raghav@samarwealth.com
Contact: +91 97797 74529
Compliance/Grievance Officer Details:
Name: Raghav Wadhwa
Email: Raghav@samarwealth.com
Contact: +91 97797 74529
Investor Grievance ID: samarwealth@gmail.com
In case you are not satisfied with our response you can lodge your grievance with SEBI at http://scores.sebi.gov.in or you may also write to any of the offices of SEBI. For any queries, feedback or assistance, please contact SEBI office on Toll Free Helpline at 1800 22 7575/ 1800 266 7575. SCORES may be accessed through SCORES mobile application as well, same can be downloaded from below link:
https://play.google.com/store/apps/details?id=com.ionicframework.sebi236330
ODR Portal could be accessed, if unsatisfied with the response. Your attention is drawn to the SEBI circular no. SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2023/131 dated July 31, 2023, on “Online Resolution of Disputes in the Indian Securities Market”. A common Online Dispute Resolution Portal (“ODR Portal”) which harnesses conciliation and online arbitration for resolution of disputes arising in the Indian Securities Market has been established. ODR Portal can be accessed via the following link - https://smartodr.in/
Corresponding SEBI Office Address: Chandigarh Local Office SCO 127-128, First Floor, Sector 17C, Chandigarh - 160 017
Samar Wealth Advisors, a partnership firm, is registered with SEBI as a Research Analyst with INH000018036 as the SEBI registration number. The registered office address of Samar Wealth Advisors is 31-A, Race Course Road, Amritsar, Punjab - 143001.
The content and data available in the material prepared by the firm and on the website of the firm, including but not limited to index value, return numbers and rationale are for information and illustration purposes only. Charts and performance numbers do not include the impact of transaction fee and other related costs. Past performance does not guarantee future returns and performances of the portfolios are subject to market risk. Data used for calculation of historical returns and other information is provided by exchange approved third party vendors and has neither been audited nor validated by the Firm.
Information present in the material prepared by the firm and on the website of the firm shall not be considered as a recommendation or solicitation of an investment. Investors are responsible for their investment decisions and are responsible to validate all the information used to make the investment decision. Investor should understand that his/her investment decision is based on personal investment needs and risk tolerance, and information present in the material prepared by the firm and on the website of the firm is one among many other things that should be considered while making an investment decision. Investments in securities market are subject to market risks. Read all the related documents carefully before investing.
Registration granted by SEBI, membership of BASL (in case of RAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. The purpose of the Document is to provide essential information about the Research Analyst Services in a manner to assist and enable the prospective client/client in making an informed decision for engaging Research Analyst before investing.
A. Descriptions about Samar Wealth Advisors
History, Present business and Background
Samar Wealth Advisors, in its capacity as a SEBI-Registered Research Analyst, is dedicated to providing in-depth and objective research and market analysis. Samar Wealth Advisors specializes in generating insights based on data-driven methodologies and market research, aimed at helping clients and investors make informed decisions. Our research covers a wide spectrum of securities, industries, and market trends, without providing personalized research analysis or engaging in client-specific risk profiling. Samar Wealth Advisors focuses on delivering research reports and recommendations based on publicly available data, financial reports, and market conditions.
Terms & Conditions for Research Analyst Services
Samar Wealth Advisors provides Research Analyst services that include the publication of research reports, security analysis, and market insights. These services are delivered through various means, such as reports, newsletters, and digital platforms. Samar Wealth Advisors does not engage in executing transactions or managing individual portfolios, nor does it provide personalized advisory services like risk profiling or client-specific investment recommendations. All decisions based on Samar Wealth Advisors’s research are made solely by the client, and Samar Wealth Advisors assumes no responsibility for the outcomes of such decisions. The terms of use for Samar Wealth Advisors’s research services are governed by the agreements and disclosures made available to all clients, and Samar Wealth Advisors reserves the right to amend or update these terms as necessary.
Disciplinary history
No action has been taken against the Individual or the firm as a Research Analyst by any regulator.
Affiliations with other intermediaries
No other affiliations or intermediaries have been registered.
B. Disclosures with respect to receipt of any consideration by way of remuneration or compensation or in any other form whatsoever, received or receivable by Samar Wealth Advisors or any of its associates or subsidiaries for any distribution or execution services in respect of the researches or securities for which the research analysis is provided to the client
Samar Wealth Advisors do not have any distribution or execution arrangement with the issuers of the securities, that Samar Wealth Advisors publishes research on.
C. Disclosure of consideration by way of remuneration or compensation or in any form whatsoever with respect to recommending the services of a stock broker or other intermediary to a client
Samar Wealth Advisors does not recommend services of any stock broker or intermediary to a client. Samar Wealth Advisors does not have any commission sharing agreement with any intermediary for recommending the services either as a stock broker or as other intermediary.
D. Disclosures with respect to Samar Wealth Advisors’s own holding position in financial products / securities
Although Samar Wealth Advisors is not registered as a broker with SEBI, it is not actively engaged in to any proprietary trading. It invests in financial products / securities.
E. Actual or potential conflicts of interest arising from any connection to or association with any issuer of products/ securities, including any material information or facts that might compromise its objectivity or independence in the carrying on of research analyst services:
Samar Wealth Advisors is a separately identifiable department which has an independent activity of providing the Research Analyst services. Samar Wealth Advisors does not provide any other services in stock broking, depository, and distribution of mutual funds and third party products. We provide portfolio management services as well.
F. Disclosure of all material facts relating to the key features of the research, particularly, performance track record, warnings, disclaimers etc.
Clients are requested to go through the detailed key features, performance track record of the product, or security including warnings, disclaimers etc. before investing as and when provided by the Research Analyst. Such product materials may also be available to www.sebi.gov.in or www.nseindia.com or www.bseindia.com.
G. Drawing client’s attention to warnings, disclaimers in documents, advertising materials relating to investment products.
Samar Wealth Advisors and the Research Analysts of Samar Wealth Advisors who provide the research analysis to the clients, shall draw the client’s attention to the warnings, disclaimers in documents, advertising materials relating to an investment product/s which he/she/they is/are publishing in the research.
H. Standard Risk Factors as perceived by Research Analyst:
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Investments in equities, derivatives and mutual funds are subject to market risks and there is no assurance or guarantee that the objective of the research will be achieved. The past performance does not indicate its future performance. There is no assurance that past performances will be repeated. Investors are not being offered any guaranteed or indicative returns.
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The performance of the research may be affected by changes in Government policies, general levels of interest rates and risks associated with trading volumes, liquidity and settlement systems in equity and debt markets.
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Investments in the research which the Clients have opted are subject to wide range of risks which inter alia also include but not limited to economic slow down, volatility & illiquidity of the stocks, poor corporate performance, economic policies, changes of Government and its policies, acts of God, acts of war, civil disturbance, sovereign action and /or such other acts/ circumstance beyond the control of Samar Wealth Advisors or any of its fellow subsidiaries.
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The names of the research do not in any manner indicate their prospects or returns. The performance in the equity research may be adversely affected by the performance of individual companies, changes in the market place and industry specific and macro-economic factors.
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Investments in debt instruments and other fixed income securities are subject to default risk, liquidity risk and interest rate risk. Interest rate risk results from changes in demand and supply for money and other macroeconomic factors and creates price changes in the value of the debt instruments.
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Engaging in securities lending is subject to risks related to fluctuations in collateral value / settlement/ liquidity/counter party.
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The research may use derivatives instruments like index futures, stock futures and options contracts, warrants, convertible securities, Swap agreements or any other derivative instruments. Usage of derivatives will expose portfolio to certain risk inherent to such derivatives.
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The use of derivative requires a high degree of skill, diligence and expertise. Thus, derivatives are highly leveraged instruments. Small price movement in the underlying security could have a large impact on their value. Other risks in using derivatives include the risk of mis-pricing or improper valuation of derivatives and the inability of derivatives to correlate perfectly with underlying assets, rates and indices.
General Risks:
We trust that, before executing on the research of the Research Analyst, we have provided you with all the information about the research, risk factors etc. and you have gone through all the relevant information about the research and have sought requisite clarification about the same.
Samar Wealth Advisors shall maintain complete confidentiality of all information provided by the client/s and shall not disclose any such information, without your prior consent except if such disclosure is required to be made in compliance with any applicable law or regulatory direction.
Samar Wealth Advisors may, from time to time, advise certain stocks to the client’s portfolios within its Investment Advisory (IA) service, which operates independently and separately from the research analyst team. There is a strict segregation of duties between the Investment Advisors, and the research analyst responsible for model portfolio recommendations under our RA services. This structure eliminates any conflict of interest, as the IA team operates independently and does not share stock insights, advice, or inputs with the research analyst team. Robust internal controls are in place to monitor and mitigate any potential conflicts, maintaining transparency and prioritizing client interests.
Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
We are engaged in providing fundamental and technical reports, including charts and other technical tools, aimed at identifying market patterns to offer insights into past trading trends and expectations for future market conditions.
**"Investment in securities market involves market risks. Prior to making any investment, kindly read all related documents carefully."**
SAMAR WEALTH ADVISORS
SEBI Registered Research Analyst Registration Number: INH000018036