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Terms and Conditions

Effective Date: April 01, 2025
 
Welcome to Sage Capital!
 
These Terms and Conditions ("Terms") govern your access to and use of the services provided by Sage Capital (hereinafter referred to as "Sage Capital," "we," "us," or "our"), an AMFI Registered Mutual Fund Distributor with ARN: 177251 registered under its proprietor Nikhil Satish Gupta. Sage Capital is a proprietary micro enterprise registered under the MSME Act, 2006, with Udyam Registration Number: (UDYAM-MH-18-0051482), owned and operated by Nikhil Satish Gupta.
 
By accessing or using our website https://www.sagecapital.in/, or any other services (collectively, the "Services"), you agree to be bound by these Terms, our Privacy Policy, and all applicable laws and regulations, including the AMFI Code of Conduct for Mutual Fund Distributors. If you do not agree with any part of these Terms, you must not use our Services.
 
1. Scope of Services
 
Sage Capital acts as a Mutual Fund Distributor, facilitating your investments in various mutual fund schemes offered by Asset Management Companies (AMCs) registered with SEBI.
 

  • Distribution Services Only: We provide distribution services for mutual fund schemes. This means we facilitate your purchase, redemption, and other transactions in mutual funds.

  • No Investment Advice: Unless specifically stated and agreed upon in a separate advisory agreement (and only if the Proprietor also holds a SEBI Investment Adviser registration), our role under these Terms is limited to distribution. Any information provided is for educational or informational purposes only and should not be construed as investment advice.

  • Suitability and Risk Disclosure: We will make reasonable efforts to understand your financial situation, investment objectives, and risk appetite to help you choose suitable mutual fund schemes. However, all investment decisions are solely yours.

  • No Guaranteed Returns: Mutual fund investments are subject to market risks, including the possible loss of the principal amount invested. We do not guarantee any

 
returns on investments, nor do we offer any assured, guaranteed, or fixed return schemes. Past performance is not indicative of future results.

  • Remuneration (Commissions): As a mutual fund distributor, we receive commissions from Asset Management Companies (AMCs) for the services provided. Details of commissions and trail income are available on request and will be disclosed as per AMFI guidelines. We adhere to the principle that financial incentives should not form the basis for recommending any particular scheme or transaction to any investor.

  • Direct vs. Regular Plans: We will inform you about the option of investing in direct plans of mutual funds. If you choose to invest through us, you will be investing in regular plans, where we receive a commission.

 
2. Eligibility
 
By using our Services, you represent and warrant that:
 

  • You are an individual of at least 18 years of age.

  • You are a resident of India (or a non-resident Indian if specifically permitted by mutual fund regulations and our service offerings).

  • You have the legal capacity to enter into a binding contract.

  • You are not barred or otherwise legally prohibited from investing in mutual funds or receiving our Services under applicable laws.

 
3. Client Onboarding and KYC
 

  • You agree to provide accurate, complete, and up-to-date information for client onboarding, KYC, and risk profiling purposes.

  • You understand that our ability to process your transactions and suggest suitable products is dependent on the accuracy and completeness of the information you provide.

  • You consent to us undertaking necessary KYC and AML checks as required by AMFI, SEBI, and other regulatory bodies. We will verify your identity as per regulatory requirements.

 
4. Fees and Charges
 

  • Distributor Remuneration: We receive commissions from AMCs, which are typically embedded in the expense ratio of the regular plan schemes. These are not directly charged to you by Sage Capital.

  • Transaction Charges: As per AMFI guidelines, for mutual fund purchases of Rs. 10,000/- or more, we may levy a transaction charge (currently up to Rs. 150 for new investors and Rs. 100 for existing investors per transaction). This charge is deducted from the investment amount and paid to us. No transaction charges are applicable for direct plans, systematic investment plans (SIPs), or for investments less than Rs. 10,000.

  • Any other charges, if applicable and permissible by regulations, will be disclosed transparently to you.

 
5. Investor Responsibility and Risk
 

  • You acknowledge that investment in mutual funds is subject to market risks, and the Net Asset Value (NAV) of the units may go up or down. There is no assurance or guarantee of any returns or profits.

  • You are solely responsible for your investment decisions. We do not take any responsibility for your investment losses.

  • You confirm that all investment decisions are based on your independent analysis and understanding of the risks involved.

 
6. Use of Our Services
 

  • You agree to use our Services only for lawful purposes and in accordance with these Terms and the AMFI Code of Conduct.

  • You agree not to engage in any activity that interferes with or disrupts the functionality of our Services.

  • You are responsible for maintaining the confidentiality of your login credentials and for all activities that occur under your account. You must notify us immediately of any unauthorized use or security breach.

  • You will not make false or misleading statements, conceal or omit material facts of the scheme, or conceal the associated risk factors while dealing with us.

  • You will not rebate or pass-back commissions received from us (if any, as per prevailing regulations) or demand any gifts/inducements.

 
7. Intellectual Property
 
All content, trademarks, service marks, logos, and intellectual property rights related to Sage Capital and its Services are owned by or licensed to Sage Capital. You may not use, reproduce, distribute, or create derivative works from any part of our Services without our express written permission.
 
8. Disclaimers and Limitation of Liability
 

  • No Guarantee of Performance: Sage Capital does not guarantee any specific investment performance, returns, or success for mutual fund investments. Past performance is not indicative of future results.

  • Market Risks: You acknowledge and accept that mutual fund investments carry inherent market risks, and the value of investments may go up or down.

  • Accuracy of Information: While we strive to provide accurate and timely information, we do not warrant the completeness, reliability, or accuracy of any information provided through our Services. You should verify information and conduct your own due diligence before making investment decisions.

  • Limitation of Liability: To the maximum extent permitted by law, Sage Capital (the Proprietor), its employees, or agents shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, arising from your use of or inability to use our Services, or any investment decisions made based on information obtained from us. Our total liability to you for any damages arising out of or in connection with

 
these Terms or the Services shall not exceed the amount of transaction charges (if any) paid by you to Sage Capital in the preceding twelve (12) months.
 
9. Indemnification
 
You agree to indemnify, defend, and hold harmless Sage Capital (the Proprietor), its employees, and agents from and against any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable attorney's fees) arising out of or in any way connected with:
 

  • Your access to or use of the Services.

  • Your violation of these Terms.

  • Your violation of any rights of a third party, including intellectual property rights or privacy rights.

  • Any claim that your use of the Services caused damage to a third party.

 
10. Grievance Redressal
 

  • For any grievances or complaints related to our services as a mutual fund distributor, you may contact our Grievance Officer (the Proprietor):

 
Name: Nikhil Gupta Email: contactus@sagecapital.in
 

  • We aim to resolve grievances in a timely and fair manner. If you are not satisfied with our resolution, you may escalate your complaint to AMFI or SEBI as per their prescribed procedures.

 
11. Governing Law and Jurisdiction
 
These Terms shall be governed by and construed in accordance with the laws of India. Any dispute arising out of or in connection with these Terms or the Services shall be subject to the exclusive jurisdiction of the courts in Mumbai, Maharashtra, India.
 
12. Miscellaneous
 

  • Entire Agreement: These Terms, along with our Privacy Policy, constitute the entire agreement between you and Sage Capital regarding your use of the Services.

  • Severability: If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

  • No Waiver: Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights.

  • Amendments: We reserve the right to modify these Terms at any time. Any changes will be effective immediately upon posting the revised Terms on our website. Your continued use of the Services after any changes signifies your acceptance of the updated Terms.

 
By proceeding to use our Services, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.

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