The particulars given in this Disclosure Document have been prepared in accordance with SEBI (Investment
Advisers) Regulations, 2013.
The purpose of the Document is to provide essential information about the Investment Advisory Services in a
manner to assist and enable the prospective client/client in making an informed decision for engaging
Investment Advisor before investing.
For the purpose of this Disclosure Document, Investment Adviser is “Wright
Research & Capital Pvt Ltd” company registered with the Securities and Exchange Board of India as an Investment
Advisor under SEBI (Investment Advisers) Regulations, 2013 vide registration no. INA100015717 dated Jan 12, 2021 having its
registered office at 102, Shagun Vatika, Prag Narayan Road, Lucknow 226001, India.
A. Descriptions about Wright Research (“WR”)
History, Present business and Background
WR was originally started as a trademark name for the investment advisory services given by Sonam Srivastava
and the registration got transferred to private limited company “Wryght Research &
Private Limited”
In the capacity as advisers WR aligns its interests with those of the client and seeks to provide the best
suited advice based on clients risk profile. WR first tries to understand the client's return expectations,
risk taking ability & goals, which in turn helps to arrive at an asset allocation suitable for the
client. WR conducts frequent portfolio reviews and suggests any corrective action/s if required.
Terms & conditions for advisory services
WR will provide Advisory Services which shall be in the nature of investment advice, and may include buying
and selling the securities for an for an agreed fee structure and which may be for a definite period of time
and which may vary / change from time to time, entirely at the Client’s risk. The detailed terms and
conditions are as per the agreement executed between client and WR.
Disciplinary history
No action has been taken against the Individual or the Company as an Investment Adviser by any regulator.
Affiliations with other intermediaries
No other affiliations or intermediaries have been registered.
B. Disclosures with respect to receipt of any consideration by way of remuneration or compensation or
in any other form whatsoever, received or receivable by WR or any of its associates or subsidiaries for any
distribution or execution services in respect of the products or securities for which the investment advice
is provided to the client
WR do not have any distribution or execution arrangement with the issuers of the securities, that WR advises
on. The fellow subsidiaries of WR may receive distribution commission/referral fee or similar income in
respect of the product or securities for which investment advice is provided to the client by WR. The
indicative commissions received by fellow subsidiaries are available on the website.
C. Disclosure of consideration by way of remuneration or compensation or in any form whatsoever with
respect to recommending the services of a stock broker or other intermediary to a client
WR does not recommend services of any stock broker or intermediary to a client. WR does not have any
commission sharing agreement with any intermediary for recommending the services either as a stock broker or
as other intermediary.
D. Disclosures with respect to WR’s own holding position in financial products /
securities
Although WR is not registered as a broker with SEBI, it is not actively engaged into any proprietary trading.
It might invest in financial products / securities in the future.
E. Actual or potential conflicts of interest arising from any connection to or association with any
issuer of products/ securities, including any material information or facts that might compromise its
objectivity or independence in the carrying on of investment advisory services:
WR is a separate legal entity which has an independent activity of providing the Investment Advisory
services. WR does not provide any other services in stock broking, depository, research, portfolio
management and distribution of mutual funds and third party products.
F. Disclosure of all material facts relating to the key features of the products or securities,
particularly, performance track record, warnings, disclaimers etc.
Clients are requested to go through the detailed key features, performance track record of the product, or
security including warnings, disclaimers etc. before investing as and when provided by the Investment
Advisor. Such product materials may also be available towww.sebi.gov.inorwww.nseindia.comorwww.bseindia.com.
G. Drawing client’s attention to warnings, disclaimers in documents, advertising materials
relating to investment products.
WR and the Investment Advisers of WR who provide the investment advice to the clients, shall draw the client’s
attention to the warnings, disclaimers in documents, advertising materials relating to an investment
product/s which he/she/they is/are recommending to the client/s.
H. Standard Risk Factors as perceived by Investment Adviser:
- Investments in equities, derivatives and mutual funds are subject to market risks and there is no
assurance or guarantee that the objective of the investment / products will be achieved.
- The past performance does not indicate its future performance. There is no assurance that past
performances will be repeated. Investors are not being offered any guaranteed or indicative returns.
- As with any investment in securities, the NAV of the portfolio can go up or down depending upon the
factors and forces affecting the capital market.
- The performance of the investments/products may be affected by changes in Government policies, general
levels of interest rates and risks associated with trading volumes, liquidity and settlement systems in
equity and debt markets.
- Investments in the products which the Clients have opted are subject to wide range of risks which inter
alia also include but not limited to economic slow down, volatility & illiquidity of the stocks,
poor corporate performance, economic policies, changes of Government and its policies, acts of God, acts
of war, civil disturbance, sovereign action and /or such other acts/ circumstance beyond the control of
WR or any of its fellow subsidiaries.
- The names of the products/nature of investments do not in any manner indicate their prospects or
returns. The performance in the equity products may be adversely affected by the performance of
individual companies, changes in the market place and industry specific and macro-economic factors.
- Investments in debt instruments and other fixed income securities are subject to default risk, liquidity
risk and interest rate risk. Interest rate risk results from changes in demand and supply for money and
other macroeconomic factors and creates price changes in the value of the debt instruments.
Consequently, the NAV of the portfolio may be subject to the fluctuation.
- Investments in debt instruments are subject to reinvestment risks as interest rates prevailing on
interest amount or maturity due dates may differ from the original coupon of the bond, which might
result in the proceeds being invested at a lower rate.
- The product may invest in non-publicly offered debt securities and unlisted equities. This may expose
the investment/product to liquidity risks.
- Engaging in securities lending is subject to risks related to fluctuations in collateral value /
settlement/ liquidity/counter party.
- The product may use derivatives instruments like index futures, stock futures and options contracts,
warrants, convertible securities, swap agreements or any other derivative instruments. Usage of
derivatives will expose portfolio to certain risk inherent to such derivatives.
- The use of derivative requires a high degree of skill, diligence and expertise. Thus, derivatives are
highly leveraged instruments. Small price movement in the underlying security could have a large impact
on their value. Other risks in using derivatives include the risk of mis-pricing or improper valuation
of derivatives and the inability of derivatives to correlate perfectly with underlying assets, rates and
indices.
- The NAV may be affected by changes in settlement periods and transfer procedures.
- The Investment Advisor may, considering the overall level of risk of the portfolio, advice for
investment in lower rated/unrated securities offering higher yield. This may increase the risk of the
portfolio. Such investments shall be subject to the scope of investments as laid down in the Agreement.
General Risks:
We trust that, before executing on the advice of the Investment Adviser, our Relationship Manager at WR has
provided you with all the information about the products, risk factors etc. and you have gone through all
the relevant information about the product being advised and have sought requisite clarification about the
same.
WR shall maintain complete confidentiality of all information provided by the client/s and shall not disclose
any such information, without your prior consent except if such disclosure is required to be made in
compliance with any applicable law or regulatory direction. WR will obtain information pertaining to your
orders/transactions/portfolio/funds availability/securities availability etc. from the individual Investment
Adviser to enable us to provide you with informed and appropriate advice.
Investors Services:
The detail of investor relation officer who shall attend to the investor queries and complaints is mentioned
below:
Name of the person: Sonam Srivastava
Designation: Investment Advisor
Address: 18th Floor, Bombay Stock Exchange, Dalal Street, Mumbai 400001 Telephone: 91-9686195357
Email: info@wrightresearch.in
In case of any grievances the investors may email to info@wrightresearch.in
