Terms and Conditions

1 About FidelFolio

FidelFolio Investments (“FidelFolio”, “we”, “our”, “us”) is a SEBI-registered Investment Adviser under the Securities and Exchange Board of India (Investment Advisers) Regulations, 2013.

FidelFolio provides rule-based, systematic investment advisory services based on quantitative research frameworks. All investment advice is provided strictly in accordance with applicable SEBI regulations.

2 Nature of Services

FidelFolio provides:

• Research-backed, rule-based portfolio recommendations
• Model portfolios constructed using systematic investment rules
• Periodic portfolio rebalancing signals
• Educational content on rule-based investing

FidelFolio does not:

• Guarantee returns
• Provide assured income
• Manage client funds directly
• Execute trades on behalf of clients (unless specifically authorised under agreement)

Clients execute trades independently through their broker/platform.

3 No Assured Returns

All investments are subject to market risks. Past performance, backtested performance, rolling returns, probability distributions, and statistical outputs are illustrative and educational in nature and do not guarantee future performance.

Investment outcomes depend on market conditions, economic cycles, company fundamentals, and investor discipline in following advice. FidelFolio does not assure any minimum or fixed returns.

4 Risk Disclosure

By subscribing to FidelFolio services, clients acknowledge:

• Equity investments involve risk of capital loss
• Portfolio volatility may be significant
• Drawdowns may occur
• Past statistical probabilities do not eliminate downside risk

Clients must assess suitability based on risk tolerance, investment horizon, financial objectives, and liquidity needs.

5 Client Responsibility

Clients are responsible for:

• Providing accurate financial information
• Completing risk profiling truthfully
• Reviewing periodic communications
• Executing trades in a timely manner
• Understanding tax implications

Failure to act on advice may result in performance deviation.

6 Risk Profiling & Suitability

FidelFolio conducts risk profiling as per SEBI guidelines.

Advice is provided based on risk category, financial goals, and investment horizon.

Periodic updates to risk profiling may be required. Clients must notify FidelFolio of material financial changes.

7 Fees & Refund Policy

Fees are charged as per the agreed subscription plan.

Where applicable:

• Fixed fee models
• Advance fee models (if applicable under regulation)
• AUM-based fee models

If a client does not act upon advice, performance implications remain the client’s responsibility.

Refunds, if applicable, shall be governed by SEBI regulations and FidelFolio’s refund policy.

8 Backtesting & Research Methodology Disclosure

FidelFolio uses quantitative research methods including:

• Historical backtesting
• Rolling return analysis
• Statistical distribution analysis
• Risk-adjusted metrics

Backtested results:

• Are based on historical data
• Assume certain model conditions
• May not reflect real-world execution costs, taxes, or slippage
• Do not guarantee future results

9 Conflict of Interest

FidelFolio shall:

• Act in fiduciary capacity
• Disclose material conflicts of interest
• Not receive undisclosed commissions
• Maintain research independence

Any conflict, if identified, will be disclosed appropriately.

10 Third-Party Platforms

If portfolios are accessed via third-party platforms (e.g., Smallcase or others):

• Execution, custody, and brokerage services are provided by the respective platform
• FidelFolio is not responsible for platform-level operational issues
• Clients must comply with the platform’s terms

11 Limitation of Liability

FidelFolio shall not be liable for:

• Market losses
• Delays in execution by client or broker
• Technical failures beyond control
• Force majeure events

Liability shall be limited to fees paid, subject to regulatory framework.

12 Intellectual Property

All content, research frameworks, methodologies, rule databases, and analytical outputs are intellectual property of FidelFolio.

Clients may not reproduce, redistribute, reverse engineer, or commercially exploit without written permission.

13 Termination

Either party may terminate the agreement as per the advisory agreement terms.

Outstanding dues, if any, remain payable.

14 Grievance Redressal

Clients may contact:

• Compliance Officer: Kislay Upadhyay
• Email: kislay.upadhyay@fidelfolio.ai
• Phone: 8521059490

If unsatisfied, clients may approach SEBI SCORES platform.

15 Governing Law

These Terms shall be governed by Indian laws and SEBI regulations.

Jurisdiction: Mumbai