Terms & Conditions
The terms that apply when you use this website or our services. Please read them together with our Privacy Policy.
On this page
- About these terms
- Who we are
- Our services
- Investment risk and no guarantee of returns
- Your responsibilities
- Information on this website
- How we communicate with you
- Confidentiality and your data
- Intellectual property
- Limitation of liability
- Complaints and grievance redressal
- Changes to these terms
- Governing law and jurisdiction
- Contact us
The key points
- We help with financial planning and mutual fund investment. You make the final decision on every investment.
- Mutual fund investments carry market risk. Nobody can guarantee returns, and we never promise them.
- Your money goes from your bank account directly to the fund house, and investments are held in your own name.
- If something goes wrong, contact us first. You can then go to the fund house, SEBI SCORES and SMART ODR.
1. About these terms
These terms and conditions apply when you use this website or any of our services. By using the website or our services, you agree to these terms. If you do not agree with any part of them, please do not use the website or our services.
In these terms, “we”, “us” and “our” mean ProsperEdge Financial Services Private Limited, and “you” means anyone who uses this website or our services.
2. Who we are
ProsperEdge Financial Services Private Limited is based in At Mohanpur, Block Hiranpur, District Pakur, Jharkhand – 816107 and is led by Ritesh Kumar, Founder. Ritesh Kumar’s qualifications include PGDM in Securities Markets (NISM), NISM Series X-A, NISM Series X-B, B.Com, Independent Director’s Databank.
We are an AMFI Registered Mutual Fund Distributor. Our registration details are below, and you can verify our ARN on the AMFI website (“Locate a Distributor”) (opens in a new tab).
Our registration details, how we are paid and other regulatory information are set out on our Disclosures page.
3. Our services
We help individuals, families and businesses with:
- Financial Planning
- Mutual Fund Investment
- Portfolio Review
- Retirement Planning
- Tax Planning
- Bond Investments
Our suggestions are based on the information you give us, your goals and your comfort with risk, together with publicly available information about the products. They are not a promise of any outcome. You make the final decision on every investment.
Mutual fund investments are made in your own name, directly with the fund house, and payments go from your bank account to the fund house. We never accept cash and never ask you to pay into a personal account.
The initial consultation is free. You are not required to invest or to continue working with us.
How we are paid
We are an AMFI-registered mutual fund distributor. We are paid by the mutual fund houses (AMCs) as commission on investments made through us in the regular plans of their schemes. You do not pay us any separate fee. The commission is part of the scheme’s expense ratio, which is shown in the scheme documents.
4. Investment risk and no guarantee of returns
The value of an investment can go down as well as up, and you may get back less than you invested. Past performance may or may not be sustained in future and is not a guarantee of future returns.
Before you invest, please read the Scheme Information Document (SID), the Statement of Additional Information (SAI) and the Key Information Memorandum (KIM) of the scheme, and check its riskometer.
Results from our calculators and any examples on this website are illustrations based on assumed rates of return. They are not guaranteed and do not represent the returns of any scheme. Other products, such as insurance, NPS, bonds and fixed deposits, carry their own terms and risks set by the issuer or provider, so please read their documents too.
5. Your responsibilities
To help us serve you well and to keep your money safe, we ask you to:
- Give us complete and accurate information about your finances, goals and comfort with risk, and tell us when anything changes.
- Read the scheme and product documents before you invest, and make your own decision.
- Complete your KYC through a SEBI-registered KYC Registration Agency (KRA), and keep your contact details, bank account and nominee up to date with the fund house.
- Check your transaction confirmations and Consolidated Account Statement (CAS), and tell us or the fund house straight away about anything you do not recognise.
- Never share your OTP, PIN or passwords with anyone, including us. We will never ask for them.
6. Information on this website
The content on this website, including blog articles and calculators, is for general information and investor education. It is not an offer, a solicitation or a personal recommendation to buy or sell any security or scheme, and it does not take your personal circumstances into account.
We work to keep the information accurate and up to date, but tax rules, regulations and markets change. Please speak to us before acting on anything you read here.
This website links to other websites, such as those of fund houses, SEBI and AMFI. We are not responsible for their content or their privacy practices.
7. How we communicate with you
When you contact us or become a client, we may call you or send you messages by phone, SMS, WhatsApp or email about your enquiry, your investments and service updates. You can ask us at any time to stop messages that are not essential to servicing your investments.
Official confirmations and account statements for your mutual fund investments come from the fund house or its registrar (CAMS or KFintech).
8. Confidentiality and your data
We treat the personal and financial information you share with us, including during consultations, as confidential. We share it only with the fund houses, their registrars and KYC Registration Agencies when this is needed to carry out what you ask us to do, or when the law requires it. We never share it without your consent for any other purpose.
Our Privacy Policy explains in detail how we collect, use, store and protect your personal data, and your rights over it.
9. Intellectual property
All content on this website, including text, graphics, logos and educational material, belongs to ProsperEdge Financial Services Private Limited unless stated otherwise and is protected by copyright law. You may not copy, reproduce or distribute it without our prior written permission. You are welcome to link to our pages.
10. Limitation of liability
We take care in everything we do. However, to the extent permitted by law, ProsperEdge Financial Services Private Limited is not liable for any direct, indirect, incidental or consequential loss arising from your use of this website, from reliance on its content, or from market movements and the performance of any investment. Investment decisions are made at your own risk.
Nothing in these terms limits any right you have under applicable law or the rules of SEBI and AMFI.
11. Complaints and grievance redressal
If you are unhappy with our service, please tell us so that we can put it right.
- Contact us first. Write to Ritesh Kumar at contact@prosperedge.co.in or call +91 96314 42345. We aim to resolve your complaint within 7 working days.
- The fund house (AMC). For a problem with a scheme, a transaction or a statement, you can write to the investor service team of the mutual fund or its registrar.
- SEBI SCORES. If your complaint is not resolved, you can lodge it on SEBI’s complaints portal, SCORES (opens in a new tab).
- SMART ODR. If you are still not satisfied, you can seek online conciliation or arbitration on SMART ODR (opens in a new tab).
Your rights as a mutual fund investor are set out in the SEBI investor charter for mutual funds (PDF) (opens in a new tab). See all the steps on our Contact page.
12. Changes to these terms
We may update these terms from time to time, for example when regulations change. The latest version is always on this page, with the date it was last updated. If you continue to use the website or our services after a change, you accept the updated terms.
13. Governing law and jurisdiction
These terms are governed by the laws of India. Any dispute is subject to the jurisdiction of the courts in Jharkhand, India. This does not affect your right to use the investor grievance channels described above, including SEBI SCORES and SMART ODR.
14. Contact us
If you have any questions about these terms, please get in touch.
- ProsperEdge Financial Services Private Limited (Ritesh Kumar, Founder)
- At Mohanpur, Block Hiranpur, District Pakur, Jharkhand – 816107
- contact@prosperedge.co.in
- +91 96314 42345