DISCLAIMER & DISCLOSURE

DISCLAIMER​​​​

Wealthy Millennials is an AMFI-registered Mutual Fund Distributor (ARN–311804) operating in accordance with the regulations prescribed by the Association of Mutual Funds in India (AMFI) and the Securities and Exchange Board of India (SEBI). The firm offers services including comprehensive financial planning, portfolio management support, pre-IPO and unlisted share facilitation, NPS distribution and annuity solutions, estate planning, insurance solutions, tax planning, and stock broking through authorized and regulated intermediaries.

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All investments in mutual funds, securities, and related products are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.

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The information, opinions, and content shared on this website or through any other platform (including social media, email, or publications) are for general informational and educational purposes only. Nothing contained herein shall constitute or be construed as:

• Investment advice, financial planning, or a solicitation to buy or sell any mutual fund or financial product; or

• A guarantee, assurance, or representation of returns, performance, or suitability of any investment product.

Investors are advised to exercise their own discretion and make independent judgments based on their  financial situation and risk tolerance. Wealthy Millennials does not provide any investment recommendations, guarantees, or promises of future performance. We strongly recommend consulting a qualified financial advisor before making any investment decisions. 

 

Wealthy Millennials and its affiliates, representatives, or employees shall not be held liable for any direct, indirect, incidental, or consequential loss or damage arising out of any actions taken based on the information, data, or communication provided herein. Wealthy Millennials also acts as a distributor of mutual funds and insurance products. Insurance is the subject matter of solicitation, and Wealthy Millennials does not underwrite risk or act as an insurer. All regulatory KYC and compliance requirements as prescribed by AMFI, SEBI, and other competent authorities are duly followed.

DISCLOSURE

​In compliance with SEBI Circular No. SEBI/IMD/CIR/NO.4/168230/09 dated June 30, 2009, Wealthy Millennials (ARN–311804) hereby discloses that we receive brokerage, sales incentives, and commissions (in the form of trail commissions or any other mode) from Asset Management Companies (AMCs) / Mutual Funds (MFs) for the mutual fund schemes that we distribute or recommend.

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As mandated by SEBI, with effect from October 1, 2016, the Consolidated Account Statement (CAS) issued by AMCs / Mutual Funds also reflects, in absolute terms, the actual commission paid by AMCs / MFs to distributors during the half-year period, corresponding to the investor’s total investments in each mutual fund scheme. The term “commission” refers to all direct monetary payments as well as indirect non-monetary benefits such as gifts, rewards, trips, sponsorships, or any other incentives that may be provided by AMCs / MFs to distributors. Wealthy Millennials follows a 100% trail-based commission model for mutual funds, meaning that we do not receive any upfront commissions from AMCs. The trail commission is linked to the ongoing performance and persistency of your investments, thereby aligning our interests with those of our clients. For other services such as portfolio management facilitation, pre-IPO and unlisted shares, NPS distribution and annuity, insurance solutions, estate planning, tax planning, and stock broking, we may receive separate commissions, brokerage sharing, referral income, or service fees from respective regulated entities or partners, depending on the nature of the product or service. All such earnings are fully compliant with the applicable regulations prescribed by SEBI, AMFI, IRDAI, and PFRDA. All commissions and incentives disclosed are before applicable taxes. Currently, Goods and Services Tax (GST) at the rate of 18% is levied on such commissions, and the net commission earned is after deduction of GST. 

 

We affirm that no commissions, incentives, or compensations influence our product recommendations. All suggestions made are based on market conditions, client objectives, and product suitability. We strongly believe in building long-term relationships based on honesty, integrity, transparency, and mutual trust. Full disclosure of commissions and incentives ensures that you are completely aware of any potential conflict of interest and can make informed investment decisions. We reiterate our commitment to maintaining the highest standards of ethical and transparent business practices, and we sincerely thank you for your continued trust in Wealthy Millennials.