Terms & Conditions
These Terms and Conditions (“Terms") govern your access to and use of https://analytaka.com (the “Website”) and the services provided by Ankit Himatsingka (“Researcher”, “Entity", “I”, “We", “Our" or "Us" as applicable). This includes any content, updates, and new releases. Ankit Himatsingka is a registered Research Analyst with registration number INH000018911, under SEBI (Research Analyst) Regulations, 2014.
1. Definitions
The following terms will have the meanings assigned here for the purposes of these Terms:
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1.1 “Business Days”: Any day banks operate in New Delhi, India.
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1.2 “Service(s)”: Refers to the Researcher's research services, including content, data, model portfolios of Indian listed securities, and research reports for which users pay a subscription fee.
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1.3 “User”: Any person who accesses or uses the paid Services after agreeing to these Terms, including anyone authorized to access the Services on behalf of the registered user.
2. Eligibility
The Services are available only to individuals eligible to enter legally binding contracts under the Indian Contract Act, 1872. Persons who are “incompetent to contract” under the Act, including minors, are not permitted to use the Services. Users must be at least 18 years old and confirm that the information provided during registration is true, accurate, and complete.
3. Registration
Users must register to access Services. By registering, Users agree to provide accurate, current, and complete information. Failure to do so may result in termination of access. Fees for paid Services are determined based on the selected plan and may change; notice of changes will be posted on the Website or sent to the registered email.
4. Access
The Researcher strives to maintain uninterrupted and error-free access to the Services. However, access may occasionally be suspended for repairs, maintenance, or upgrades. The Researcher is not liable for any service disruptions during these times.
5. Provision of Services
The Researcher offers services related to Indian and international securities markets but does not provide profit-sharing services or guarantees on investment returns. Users should consider their own risk tolerance before making investment decisions based on the Services, as the Researcher does not handle trade executions or provide specific investment recommendations.
6. Investment Disclosures
The Researcher’s Services are not investment recommendations. Nothing on this website is shown as advertisement or promotion to influence user's investment decision. Users make their own investment decisions based on their risk tolerance, with the Researcher’s information used as one of multiple inputs. All performance information, including charts or backtested results, is for illustration only and does not guarantee future returns.
7. Security
The Researcher is not liable for unauthorized or improper use of Users' accounts. Users are responsible for any unauthorized access or fraudulent use of their accounts and must indemnify the Researcher against any related damages or liabilities.
8. Use of Services at Own Risk
The Researcher reserves the right to refuse Service to anyone at any time. Users agree not to copy, reproduce, sell, or exploit any part of the Services or Website content without express written permission from the Researcher.
9. Trademarks
Researcher logos, service names, and related trademarks are the property of Ankit Himatsingka. Users may not display or use Researcher trademarks without prior permission.
10. Disclaimer of Warranties
Services are provided "as-is" without any warranty of any kind. The Researcher disclaims all warranties, including fitness for a particular purpose, and is not responsible for interruptions, errors, or risks arising from the use of the Services.
11. Arbitration
Disputes related to the Terms will be resolved through binding arbitration under the Arbitration and Conciliation Act, 1996, with the seat of arbitration in New Delhi, India.
12. Suspension and Termination
The Researcher reserves the right to suspend or terminate a User’s access to the Services if they violate these Terms or if a third-party reports any violations. Accounts may be indefinitely suspended if the User engages in illegal, fraudulent, or inaccurate activities.
User agrees to provide PAN, Adhaar, contact details & other such information as may be necessary for KYC. Subscription may be cancelled without refund on KYC failure.
13. Indemnity
Users agree to indemnify the Researcher against any losses or liabilities arising from their use of the Services, including legal costs related to third-party claims.
14. Disclosure
The Researcher may access and disclose a User’s information to comply with legal requirements or to protect the rights, property, or safety of the Researcher and other users.
15. Disclaimer
The Research Analyst (RA) is engaged in equity research and model portfolio services. The RA has never been suspended or barred from conducting business by any stock exchange, SEBI, or other authorities, nor has its SEBI registration ever been revoked. Furthermore, the RA does not participate in merchant banking, investment banking, or brokerage services.
Reports and research materials prepared by the RA should not be interpreted as an offer to buy or sell, or a solicitation to buy or sell any securities in jurisdictions where such activities are prohibited. These materials do not constitute personalized recommendations and do not consider the specific investment objectives, financial situations, risk profiles, or needs of individual clients. The data and content provided in the RA's materials and website, including but not limited to index values, return figures, and analysis rationale, are intended solely for informational and illustrative purposes.
Charts and performance figures may include back-tested or simulated results generated through standard methodologies. These do not account for transaction fees and other associated costs. Back-testing involves applying a quantitative model to historical market data to simulate hypothetical past performance, which has inherent limitations, including:
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Results do not represent actual trading outcomes or the impact of real-world economic and market conditions but are based on retrospective analysis, potentially influenced by hindsight.
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Performance calculations rely on assumptions integral to the model, which may be untestable and subject to error.
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Actual performance may differ significantly from back-tested outcomes.
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Back-tested returns do not include reinvestment of dividends or income unless explicitly stated, nor do they factor in transaction costs.
Back-tested returns are hypothetical and should not be considered indicative of future performance.
Information in the RA's materials and on its website should not be treated as a recommendation or solicitation for any investment or investment strategy. Investors are solely responsible for their investment decisions and must independently validate all information used. Investment choices should align with individual investment needs and risk tolerance, considering that the RA's materials are one of many factors to consider.
Past performance is not a guarantee of future results. Portfolios created by the RA are subject to market risks, and all related documents should be reviewed carefully before investing. Investments in the securities market are inherently risky.
Derivatives are complex investment instruments, and investors must fully understand all associated risks before trading in derivative contracts.
The RA and its associates, officers, directors, employees, and their relatives may, from time to time, hold long or short positions in securities or trade in securities of companies featured in the RA’s reports or products. They may also have potential or material conflicts of interest, which will be disclosed and managed per applicable regulations.
The RA does not guarantee favorable views or outcomes for any industry, sector, or business group. Investors are advised to consider all risk factors, including their financial condition and risk-return suitability, and seek professional advice before investing.
No part of this material may be reproduced or distributed in any form without the RA’s prior written consent.
16. Limitation of Liability
The Researcher is not liable for incidental, special, or consequential damages arising from the use of the Website or Services, including data loss or service interruptions.
17. Miscellaneous Terms
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The Researcher may change fees with prior notice on the Website or by email.
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General Terms may be modified by posting revised terms on the Website.
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Services may be changed or discontinued without prior notice.
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Users are responsible for the accuracy of information provided. Links to third-party sites do not constitute endorsement by the Researcher, and unauthorized access to User data or transmissions is beyond the Researcher’s liability.
Privacy Policy
We respect your privacy and do not require personal information to access the Website. If you contact us, your email will not be shared unless required by law. We may use your email to share updates about our services. Please use caution when sharing information online, as we do not control the actions of others on the Internet.