Terms & Conditions

1. Acceptance of Terms

These Terms of Use (Terms) govern your access to and use of the website www.niveshum.com (Website), the Niveshum mobile application available on Android and iOS (App), and all related digital services (collectively, Services) provided by Sanwariya Investments Private Limited (Company, we, us, our), a Private Limited Company incorporated under the Companies Act, 2013, having CIN U64990RJ2024PTC096132, with its registered office at D-52, 404-405, Trimurty V-Jai City Point, Ahinsa Circle, C-Scheme, Jaipur 302001.

By accessing, browsing, or using our Website, downloading or using our Niveshum App, or engaging with any of our Services, you (User, you, your, Investor, Client) agree to be bound by these Terms, our Privacy Policy, and all applicable laws, regulations, and guidelines. If you do not agree with any of these Terms, you must not use our Website, App, or Services.

We reserve the right to modify these Terms at any time. Changes will be posted on this page with an updated 'Last Updated' date. Your continued use of the Services after any modification constitutes your acceptance of the revised Terms.

2. About the Company & Nature of Services

Sanwariya Investments Private Limited operates under the brand name ‘Niveshum’. We are registered with the Association of Mutual Funds in India (AMFI) as a Mutual Fund Distributor & SIF Distributor under ARN: 315267. Our GSTIN is 08ABNCS9361F1ZT.

We are engaged in the distribution of mutual fund schemes and SIF products of various Asset Management Companies (AMCs) registered with SEBI. Our services include mutual fund distribution, SIF distribution, risk profiling, scheme recommendation, portfolio review, and related investor servicing.

Important Clarification:

• We are a Mutual Fund Distributor and NOT a SEBI-registered Investment Adviser (IA) under SEBI (Investment Advisers) Regulations, 2013.
• We do not provide investment advisory services, financial planning, wealth management, or any service that requires SEBI IA registration.
• Any scheme recommendation or suggestion provided by us is incidental to our mutual fund distribution activity and should not be construed as investment advice.
• We receive trail commission from AMCs for distributing Regular Plan mutual fund schemes. Commission is part of the scheme’s Base Expense Ratio (BER) and is NOT charged separately to investors.
• Investors are free to invest in Direct Plans directly with AMCs, which have lower expense ratios as they do not include distributor commission.

3. Eligibility

To use our Website, Niveshum App, and Services, you must:

• Be at least 18 years of age (or the age of legal majority in your jurisdiction).
• Be a resident of India or a Non-Resident Indian (NRI) eligible to invest in Indian mutual funds under FEMA regulations.
• Have a valid PAN (Permanent Account Number) issued by the Income Tax Department of India.
• Have completed or be willing to complete KYC (Know Your Customer) verification as mandated by SEBI and AMFI.
• Have a valid bank account in your name for processing mutual fund transactions.

Investments in the name of minors can be made only through a parent or legal guardian in accordance with SEBI regulations. The guardian shall be bound by these Terms.

4. User Accounts & Registration

To access certain features of our Website and Niveshum App, you may be required to create an account or register through our transaction platform partner (BSE STAR MF). By registering, you agree to provide accurate, current, and complete information and to maintain the confidentiality of your credentials.

5. No Guaranteed Returns

Mutual fund investments are subject to market risks. The Company does not guarantee any specific returns, minimum returns, or capital protection on any investment. Past performance is not indicative of future returns. The value of investments can go up or down based on market conditions. Investments in SIF products involve higher risk including potential loss of capital.

6. Commission & Fees

We receive trail commission from AMCs for distributing Regular Plan mutual fund schemes. This commission is part of the scheme’s Base Expense Ratio (BER) and does not increase your investment cost. No separate fee or commission is charged directly to investors for mutual fund or SIF distribution. Commission details are available on our Commission Disclosure page.

7. Privacy & Data Protection

Your personal and financial data is collected, stored, and used in accordance with our Privacy Policy and the Digital Personal Data Protection Act, 2023 (DPDPA). We do not sell, rent, or share your data with third parties for marketing purposes. Refer to our Privacy Policy for complete details.

8. Intellectual Property

All content, logos, trademarks (including the Niveshum brand and logo), images, and design elements on this website and app are the property of Sanwariya Investments Private Limited or their respective owners. Unauthorized use, reproduction, distribution, or modification of any content is prohibited.

9. Third-Party Links

Our website and Niveshum App may contain links to external websites (AMC websites, SEBI, AMFI, SCORES, RTAs, etc.) provided for your convenience. Sanwariya Investments Private Limited does not control, endorse, or assume responsibility for the content, accuracy, privacy policies, or security of these external sites.

10. Limitation of Liability

Sanwariya Investments Private Limited makes no warranties or representations, express or implied, on products offered through this platform or the Niveshum App. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its products or related services.

11. Grievance Redressal

For complaints, contact sanwariyainvestments9162@gmail.com. Our complete grievance redressal mechanism with escalation matrix and timelines is detailed on the Investor Grievance Redressal page. Unresolved complaints may be escalated to SEBI SCORES (scores.sebi.gov.in) or SMART ODR (smartodr.in).

12. Governing Law & Jurisdiction

These Terms and Conditions are governed by and construed in accordance with the laws of India. Any disputes arising from or in connection with these Terms or the use of this website or Niveshum App shall be subject to the exclusive jurisdiction of the courts in Jaipur, Rajasthan.

13. Amendments

We reserve the right to modify, update, or revise these Terms and Conditions at any time without prior notice. The latest version will always be available on this page. Your continued use of the website or Niveshum App after any changes constitutes your acceptance of the revised terms.

Last Updated: March 2026

Sanwariya Investments Private Limited

AMFI Registered Mutual Fund Distributor & SIF Distributor (ARN-315267)

CIN: U64990RJ2024PTC096132

MF Distribution Validity: 04/12/2024 to 03/12/2027 | SIF Distribution Validity: 08/10/2025 to 07/10/2028

Disclaimers

Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs.

Investments in Specialized Investment Fund involves relatively higher risk including potential loss of capital, liquidity risk and market volatility. Please read all investment strategy related documents carefully before making the investment decision.

The Company receives commission from Asset Management Companies / issuers for distribution of Mutual Fund and SIF products in Regular Plans, as permitted under SEBI and AMFI regulations. Such commissions may include trail or other permitted forms. No commission or fee is charged directly to investors for Mutual Fund or SIF distribution.

Sanwariya Investments Private Limited makes no warranties or representations, express or implied, on products offered through the platform of Sanwariya Investments Private Limited or the Niveshum mobile application. We provide incidental advisory services only. For investment advice, please consult a SEBI-registered Investment Adviser. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services.

Sanwariya Investments Private Limited operates in compliance with SEBI and AMFI regulations.