TERMS & CONDITIONS

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1. Introduction and Legal Effect

The mobile application titled “MOOLBAZAAR ASSET” (the “Application” ) is owned and operated by Moolbazaar Asset Private Limited, a company incorporated under the Companies Act, 2013, having its registered office at Asset-5A, Aerocity, JW Marriott Hotel Hospitality District, Near IGI Airport, New Delhi – 110037 (hereinafter referred to as the “Company”, “Moolbazaar Asset”, “we”, “us”, or “our”).

The Company is engaged in the business of distribution of financial products through its mobile technology platform. These Terms and Conditions (the “Terms”) govern your access to and use of the Application, together with the Privacy Policy and any other policies incorporated herein by reference.

By accessing, browsing, registering on, or using the Application, you expressly acknowledge that you have read, understood, and irrevocably agreed to be bound by these Terms. If you do not agree with these Terms, you must immediately discontinue use of the Application. These Terms supersede all prior oral or written communications and constitute a legally binding agreement between the Company and the User.

The Company reserves the right to execute additional agreements with Users or partners, which shall be read together with these Terms.

2. Definitions

Unless the context otherwise requires:

  • “User”, “You”, or “Your” means any person who accesses or uses the Application;
  • “Registered User” means a User who has completed registration and KYC verification;
  • “Application” means the MOOLBAZAAR ASSET mobile application available on Android and iOS platforms;
  • “Account” means the investment account opened by a Registered User on the Application;
  • “AMC” means an Asset Management Company registered with SEBI and listed on BSE;
  • “BSE” means the Bombay Stock Exchange;
  • “RTA” means Registrar and Transfer Agent;
  • “Services” means all services provided by the Company through the Application;
  • “NAV”, “SIP”, and “STP” shall have their commonly accepted meanings;
  • “Force Majeure Event” means any event beyond the reasonable control of the Company, including acts of God, system failures, cyber incidents, government actions, strikes, riots, epidemics, or communication failures.

3. Regulatory Status

The Company is an AMFI-registered Mutual Fund Distributor (ARN: 348781). The Company acts solely as a distributor and technology facilitator and does not provide investment advice, portfolio management, or fiduciary services.

4. Use of Application

You agree to use the Application strictly in accordance with these Terms and applicable laws. You shall:

  • Maintain the confidentiality of your login credentials;
  • Use the Application only for lawful purposes;
  • Not copy, modify, reverse engineer, distribute, or exploit any content or technology of the Application;
  • Not engage in any activity that may disrupt or impair the Application.

Mere use of the Application shall constitute your intent to enter into a binding contract with the Company.

5. Registration and KYC

Access to Services is available only to Registered Users who have completed registration and KYC requirements in accordance with SEBI regulations. You agree to provide accurate, complete, and up-to-date information, including PAN, bank details, address proof, photograph, and signature.

Any discrepancy or mismatch in submitted documents may result in rejection of registration or termination of Services.

6. Availing of Services and Transactions

All transactions are subject to the respective scheme documents, including the Scheme Information Document (SID) and Key Information Memorandum (KIM). Transactions once placed are irrevocable. NAV applicability, allotment, redemption, and settlement are determined exclusively by the respective AMC.

The Company shall not be liable for delays, incorrect NAV application, partial execution, or rejection of transactions by AMCs, BSE, RTAs, banks, or third parties.

7. Fees and Charges

Currently, no transaction fees are charged by the Company. However, the Company reserves the right to introduce fees in the future with prior notice. Any charges levied by mutual funds or third parties shall be borne solely by the User.

8. Third-Party Links and Services

The Application may contain links to third-party websites or services. The Company does not control or endorse such third-party content and disclaims all liability arising therefrom. Access to third-party services is at the User’s sole risk.

9. Limitation of Liability

To the maximum extent permitted by law, the Company shall not be liable for any direct, indirect, incidental, or consequential losses arising from:

  • Market risks or investment losses;
  • Acts or omissions of AMCs, BSE, RTAs, banks, or third parties;
  • Force Majeure Events;
  • Unauthorized access or misuse of User credentials.

10. Indemnity

You agree to indemnify and hold harmless the Company, its directors, officers, employees, and affiliates from and against any claims, losses, liabilities, damages, and expenses arising out of your breach of these Terms or violation of law.

11. Disclaimer

Information provided on the Application does not constitute investment advice or a guarantee of returns. Mutual fund investments are subject to market risks, including loss of principal. Past performance is not indicative of future results.

12. Termination

The Company may terminate or suspend Services by providing ninety (90) days’ prior written notice. Termination shall not affect obligations incurred prior to such termination.

13. Governing Law and Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of India. Courts at Delhi, India, shall have exclusive jurisdiction.

14. Regulatory Caution

Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully before investing.

15. Contact Information

Moolbazaar Asset Private Limited
Email: info@moolbazaarasset.com