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.