Legal
Regulatory Disclaimer.
Important disclosures for users of the VestPlus platform.
1. Nature of the Platform
VestPlus is an employer-benefit administration platform operated by Aureva Capital Private Limited. The platform facilitates the management of employer-funded mutual fund investment programs for employee retention purposes. VestPlus does not provide financial advice, investment advisory services, or portfolio management services to individual employees.
2. AMFI Registration
Aureva Capital Private Limited is an AMFI-registered Mutual Fund Distributor, ARN: 346247. This registration permits us to distribute mutual fund products on behalf of Asset Management Companies (AMCs) registered with SEBI. We do not act as an investment advisor under the SEBI (Investment Advisers) Regulations, 2013.
3. Investment Risk Disclosure
- Market Risk: The NAV of mutual fund schemes fluctuates with market conditions. The value of your investment may fall below the original amount invested.
- Liquidity Risk: Mutual fund units may not always be immediately redeemable. Certain scheme types have lock-in periods or exit loads.
- Credit Risk: Debt fund investments carry risk of default by issuers of underlying securities.
- Concentration Risk: Investments in thematic or sector funds carry higher concentration risk.
- Currency Risk: Applies to funds with international exposure.
4. No Guarantee of Returns
Neither VestPlus nor Aureva Capital provides any guarantee of returns on mutual fund investments. All statistics, impact metrics, and illustrative outcomes presented on the VestPlus platform or website are for informational purposes only and do not constitute a promise or guarantee of future performance.
5. Employer Responsibility
The VestPlus benefit program is designed and funded by the employer. Employee eligibility, vesting schedules, contribution amounts, and payout policies are determined solely by the employing company. Aureva Capital does not determine or influence these program parameters.
6. Tax Implications
Redemptions from mutual fund investments may be subject to Short-Term Capital Gains (STCG) or Long-Term Capital Gains (LTCG) tax as per applicable Indian tax laws. Tax treatment may vary based on fund type, holding period, and applicable tax slabs. Employees and employers are advised to consult their tax advisors for guidance specific to their situation.
7. Grievance Redressal
For any investor grievances, you may contact:
- VestPlus Support: support@aurevacapital.com
- SEBI SCORES Portal: scores.sebi.gov.in
- SMART ODR Platform: smartodr.in
8. Registered Office
Aureva Capital Private Limited
CIN: U66190MH2025PTC460862
Supreme Business Park, Hiranandani Gardens, Powai, Mumbai 400076
Email: support@aurevacapital.com
