alphaquestresearch.com

RA-MITC

RA-MITC

What is RA-MITC?
 RA-MITC = Research Analyst – Most Important Terms & Conditions
It is a mandatory SEBI disclosure page where the RA clearly tells investors the “rules of engagement”.
Even if he is currently giving free YouTube content, as a registered RA he keeps this page ready for full compliance + investor protection.
What is written in your screenshots (meaning)

Non-Execution of Trades
RA will not execute buy/sell for clients
Clients should not give access to demat/trading to RA or anyone claiming from RA
👉 This is to prevent fraud / account misuse.

Fee Limits & Payment Terms
This is SEBI standard:
Fee cap for individuals/HUF: ₹1,51,000 per annum per family for RA services
Fee can be taken in advance only up to 1 year
Refund is on pro-rata basis if service ends early
Cash payments prohibited, pay only via banking channels / approved methods
Mentions CeFCoM payment mechanism (BSE)
👉 Even if he doesn’t charge now, still SEBI expects these terms to be displayed.

Conflict of Interest
RA will disclose conflicts
inform clients if any conflict impacts research

Prohibition of Guaranteed Returns
Cannot promise fixed/assured returns
no “guaranteed profit” claims allowed
Market Risk & Loss Disclaimers
“Markets are risky”
research does not assure profit
losses are investor responsibility
Regulatory registration statement
Says:
SEBI registration / NISM certification doesn’t guarantee performance

Investor Safety Reminders + Scam Protection
pay only to official channels
no personal UPI / third-party links
tips to avoid scams (verify RA on SEBI site, use official email only, etc.)
In one line:
RA-MITC page is basically legal + SEBI compliance + investor protection so that nobody can mislead clients or misuse the RA name.

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