MITC

Last Updated: August 2026

The following Most Important Terms and Conditions (“MITC”) shall form an integral part of the Investment Advisory arrangement between Invesmate Insights Private Limited (“Investment Adviser” / “IA”) and the Client.

1. Payment of Advisory Fees

The Investment Adviser shall accept payments only towards fees for providing Investment Advisory Services.

The Investment Adviser is not permitted to accept, hold or receive funds or securities in its account on behalf of the Client for the purpose of making investments.

2. No Guarantee of Returns

The Investment Adviser does not guarantee any return, profit, accuracy of recommendations, capital protection or risk-free investment.

All investments in securities are subject to market risks, and there can be no assurance or guarantee of returns or profits from investments made pursuant to the advice provided by the Investment Adviser.

Past performance of any security, asset class, investment strategy or recommendation should not be construed as an indication or guarantee of future performance.

3. No Assured / Guaranteed Return Schemes

Any assured, guaranteed or fixed-return scheme, or any other scheme of a similar nature in relation to securities market investments, is prohibited by applicable law/regulations.

Invesmate Insights Private Limited shall not offer any assured, guaranteed or fixed-return investment scheme to its Clients.

4. Scope of SEBI-Regulated Investment Advice

Investment advice relating to securities shall fall under the regulatory purview of the Securities and Exchange Board of India (“SEBI”).

Where the Investment Adviser offers or facilitates any product/service which does not fall under the regulatory purview of SEBI, appropriate disclosure shall be made to the Client.

Where applicable, the Client may also be required to provide appropriate declaration/undertaking acknowledging that such product/service does not fall under SEBI’s regulatory purview and that the grievance redressal mechanisms available for SEBI-regulated Investment Advisory Services may not be available for such products/services.

5. Execution of Transactions

The Investment Advisory arrangement is for providing Investment Advisory Services.

The Investment Adviser shall not execute or carry out any purchase/sale transaction on behalf of the Client without the Client’s specific and explicit consent, wherever such execution is permitted under applicable regulations.

The Client is advised not to permit the Investment Adviser or any employee/representative of the Investment Adviser to execute transactions on the Client’s behalf without the Client’s explicit consent.

The ultimate decision to execute an investment recommendation shall remain with the Client.

6. Investment Advisory Fees

Fees charged by the Investment Adviser shall be within the maximum limits prescribed by SEBI and/or the Investment Adviser Administration and Supervisory Body (IAASB) from time to time, wherever such limits are applicable.

The applicable fee structure, mode of charging fees, frequency of payment and other relevant terms shall be communicated to and agreed with the Client in accordance with applicable regulations.

Important Notes

The applicable maximum fee limits under the Fixed Fee mode and Assets Under Advice (“AUA”) mode shall be as prescribed by SEBI/IAASB from time to time.
Where permitted, the fee mode may be changed with the consent of the Client, subject to the conditions and limits prescribed under applicable regulations.

iii. Applicable statutory taxes, levies and charges shall be additional, wherever applicable.

The regulatory fee limits shall apply to Investment Advisory Services relating to securities under the regulatory purview of SEBI, to the extent prescribed under applicable regulations.
Different regulatory provisions may apply to non-individual clients, accredited investors or other categories of clients as prescribed by SEBI from time to time.

7. Advance Fees and Refund

The Investment Adviser may collect advisory fees in advance where agreed with the Client, subject to the maximum period and other conditions permitted by SEBI/IAASB from time to time.

In the event of premature termination of Investment Advisory Services by either the Client or the Investment Adviser, refund of fees, if applicable, shall be calculated for the unexpired period in accordance with the applicable SEBI/IAASB regulations.

Any permissible breakage fee or other deduction shall not exceed the regulatory limits applicable at the relevant time.

8. Mode of Payment

The Client may pay Investment Advisory fees through permitted banking/payment channels, including:

Cheque;
Online Bank Transfer;
UPI;
Centralised Fee Collection Mechanism (“CeFCoM”), wherever applicable; or
Any other mode permitted under applicable SEBI/IAASB regulations.

Cash payments shall not be accepted.

The Client should ensure that payment of advisory fees is made only through authorised channels communicated by Invesmate Insights Private Limited.

9. Client Financial Information

For providing suitable Investment Advisory Services, the Investment Adviser is required to understand the Client’s financial circumstances.

Accordingly, the Client shall provide accurate and complete information, wherever applicable, relating to:

Income;
Assets and liabilities;
Existing investments;
Investment portfolio;
Financial commitments;
Investment objectives;
Investment horizon;
Liquidity requirements; and
Such other information as may reasonably be required for providing Investment Advisory Services.

The Client shall promptly inform the Investment Adviser of any material change in such information.

10. Risk Profiling and Suitability Assessment

The Investment Adviser shall carry out the Client’s Risk Profiling and Suitability Assessment before providing Investment Advisory Services and shall review/update the same periodically in accordance with applicable regulatory requirements.

Investment advice provided to the Client shall be aligned with the Client’s assessed risk profile, investment objectives, financial circumstances and suitability requirements.

The assessed risk profile shall be communicated to the Client.

The Client is required to provide complete and accurate information for the purpose of risk profiling and suitability assessment.

11. Conflict of Interest

As part of its conflict-of-interest management framework, the Investment Adviser shall comply with the segregation and conflict-of-interest requirements prescribed by SEBI from time to time.

Wherever applicable, the Client and/or the Client’s family shall not be provided distribution services in a manner prohibited under applicable Investment Adviser regulations.

The Investment Adviser shall, wherever applicable, recommend Direct Plans / non-commission-based products in accordance with regulatory requirements.

The Investment Adviser shall endeavour to promptly disclose any actual or potential conflict of interest that may materially affect the Investment Advisory Services being provided to the Client.

12. Grievance Redressal Mechanism

In case of any grievance or complaint regarding Investment Advisory Services, the Client should first approach Invesmate Insights Private Limited through the designated grievance redressal channels.

The Client is encouraged to follow the Company’s internal grievance redressal mechanism before escalating the matter to the regulatory platforms available under the applicable framework.

Step 1 – Contact Invesmate Insights Private Limited

Registered Address: 1st Floor, P.O, 5, near Railway Booking Office, Narendra Nagar, Belghoria, Kolkata, West Bengal 700056
Correspondence Address: 3RD FLOOR, Nanaksar Tower, 137/1, Dunlop, Barrackpore Trunk Rd, above Bandhan Bank P.S, Baranagar, Kolkata, West Bengal 700108

Level	Designation	Contact Person	Contact No	Email ID	Working Hours
1	Customer Care	Mr. Koushik Das	+91 9580734734	advisory@northwealth.in	Monday to Friday 11am to 5 pm
2	Head of Customer Care	Mr. Koushik Das	+91 9580734734	advisory@northwealth.in	Monday to Friday 11am to 5 pm
3	Compliance Officer	Mr. Santanu Saha	+91 9230975228	santanusaha@insights.market	Monday to Friday 11am to 5 pm
4	CEO	Mr. Arunava Chatterjee	+91 9230998214	arunavachatterjee@insights.market	Monday to Friday 11am to 5 pm
5	Principal Officer	Mr. Subham Chakraborty	+91 9230972751	subham@insights.market	Monday to Friday 11am to 5 pm

Where a complaint requires additional time for resolution, the Company shall communicate the same to the Client along with the expected timeframe for resolving the matter.

Step 2 – SEBI SCORES

If the Client is not satisfied with the resolution provided by the Investment Adviser, the Client may lodge the grievance through SEBI’s SCORES platform, in accordance with the grievance redressal mechanism prescribed by SEBI.

Step 3 – Online Dispute Resolution (ODR)

If the Client remains dissatisfied with the outcome of the grievance redressal process, the Client may use the Online Dispute Resolution (“ODR”) mechanism through the Smart ODR platform, in accordance with the applicable regulatory framework.

13. Client Consent for Transactions

This arrangement is for the Investment Advisory Services provided by the Investment Adviser.

The Investment Adviser cannot execute/carry out any trade, whether a purchase or sale transaction, on behalf of the Client without the Client’s specific and explicit consent for such transaction, wherever applicable.

Client is advised not to permit the Investment Adviser to execute any trade on the Client’s behalf without explicit consent.

14. SEBI Registration / IAASB Enlistment / NISM Certification

Registration granted by SEBI, enlistment with IAASB and certification from NISM do not guarantee the performance of the Investment Adviser and do not provide any assurance or guarantee of returns to the Client.

Investment in securities markets is subject to market risks.

15. Updating Contact Details

The Client shall keep his/her/their contact information updated with the Investment Adviser at all times, including:

Registered Email ID;
Mobile Number;
Residential/Correspondence Address; and
Any other information required for regulatory or communication purposes.

The Client shall promptly inform the Investment Adviser about any change in such details.

16. Login Credentials, Passwords and OTPs

Invesmate Insights Private Limited, its Directors, employees, representatives or authorised persons shall never ask the Client to disclose login credentials, passwords, PINs or OTPs relating to the Client’s:

Trading Account;
Demat Account;
Bank Account;
Mutual Fund Account/platform; or
Any other financial account.

The Client should never share passwords, PINs, OTPs or other confidential authentication information with anyone, including the Investment Adviser or its representatives.

The Client should immediately report any request for such information to the Company’s Compliance Officer.

Important Client Acknowledgement

The Client acknowledges that he/she/they has/have read and understood the above Most Important Terms and Conditions (MITC) applicable to the Investment Advisory Services offered by Invesmate Insights Private Limited.

The MITC shall be read together with the Investment Advisory Agreement, applicable disclosures, policies and other documents executed/accepted by the Client.

The MITC and applicable Investment Advisory Agreement may also be made available on the Company’s official website.

The provisions contained herein shall be subject to the SEBI (Investment Advisers) Regulations, 2013, circulars, master circulars, guidelines and directions issued by SEBI/IAASB and other applicable regulatory requirements, as amended from time to time.

Investment Adviser Details

Investment Adviser: Invesmate Insights Private Limited
Division: Investment Advisory Division
Brand/Trade Name: NorthWealth
SEBI Registration No.: INA000021544
Registered Office: 1st Floor, P.O, 5, near Railway Booking Office, Narendra Nagar, Belghoria, Kolkata, West Bengal 700056
Correspondence Office: 3RD FLOOR, Nanaksar Tower, 137/1, Dunlop, Barrackpore Trunk Rd, above Bandhan Bank P.S, Baranagar, Kolkata, West Bengal 700108
Telephone: +91 95807 34734
Email: advisory@northwealth.in
Compliance Officer: Santanu Saha
Principal Officer: Subham Chakraborty