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Welcome to Nuvama Private Wealth

Terms & Conditions

Introduction

Nuvama Wealth and Investment Limited (hereinafter referred to as "Nuvama") has established the qualification standards and terms for clients to open a private wealth management account through Nuvama Private Wealth. Clients must carefully read and confirm whether they meet the account opening eligibility criteria. If the client agrees to all the terms, they should check the "I agree and accept" box to complete the account opening.

Services and platform features

Nuvama Private Wealth provides comprehensive wealth management services, streamlining the account opening process and supporting paperless operations. Our services include the following unique features:

  • Primary & Unlisted Market Investments: Nuvama facilitates access to select investment opportunities in unlisted and pre-IPO securities, including negotiated transactions, subject to regulatory norms and availability.
  • Pre-IPO Opportunities: Clients may gain access to curated pre-IPO investment opportunities through structured channels. Allocation is subject to availability, regulatory guidelines, and internal processes, and is not guaranteed.
  • Advisory & Investment Solutions: Nuvama offers investment insights and portfolio-oriented solutions supported by research, market analysis, and risk assessment frameworks. Any indicative returns or projections are not assured and should not be construed as guarantees.
  • Account Activation & Security: Accounts will remain inactive until all account opening procedures are completed, ensuring transaction security, and will be activated only once all steps are fulfilled.
  • KYC & Documentation Requirements: Clients are required to submit valid and compliant KYC documentation. In case the submitted documents or information do not meet verification standards, the account opening application may be rejected at the sole discretion of Nuvama.
  • Account Application Review: If the client is prohibited from trading or is under investigation by the Securities and Exchange Board of India (SEBI) or other regulatory bodies, Nuvama reserves the right to reject the account opening application. This decision will be final and binding. Nuvama does not guarantee that the account opening application will be approved, and the company reserves the right to reject the application without providing any reason.

Authorization and confirmation

The client understands and confirms that, in order to establish a client-broker relationship with Nuvama Wealth and Investment Limited ("Nuvama") and to avail of its services, the following conditions must be met:

Data usage authorization

The client authorizes Nuvama to access, collect, and verify necessary information and documents (including Aadhaar, PAN, and other KYC details) for the purpose of compliance, due diligence, and regulatory requirements.

Service terms acknowledgment

The client understands and accepts that Nuvama reserves the right to modify, suspend, or discontinue any services in accordance with applicable laws and regulatory requirements. The client further acknowledges that no investment product or strategy guarantees returns or capital protection.

Risk acknowledgment

The client confirms that they are aware of the risks associated with investments, including but not limited to unlisted securities, pre-IPO opportunities, derivatives, and other market-linked products, and agrees to make independent investment decisions and bear all associated risks.

Information accuracy guarantee

The client confirms that all information and documents submitted for account opening (including KYC details) are true, complete, and accurate, and undertakes to promptly update Nuvama in case of any changes.

Asset holding & custody

The client understands that securities and investment holdings shall be maintained in their respective demat accounts with depositories such as NSDL or CDSL, or with relevant custodians or intermediaries, as applicable, and not directly held by Nuvama.

Tax compliance commitment

  • The client confirms that all funds used for investments are sourced through lawful means and in compliance with applicable regulations.
  • The client agrees to fulfill all applicable tax reporting and payment obligations as required under prevailing laws.
  • The client confirms they are a tax resident of India (both their place of birth and tax residency are in India) and that FATCA & CRS declarations are not applicable.

Broker proprietary trading disclosure

In accordance with SEBI Circular SEBI/MRD/SEC/Cir-42/2003 dated November 19, 2003, the client acknowledges that Nuvama may undertake proprietary trading in the equity and derivatives segments, as permitted under applicable regulations.

Registered office & corporate office address

  • 8th Floor, 801-804, Wing A, Building No. 3, Inspire BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400051, India
  • Edelweiss House, Off C.S.T Road, Kalina, Mumbai – 400098, Maharashtra, India

About Nuvama

Nuvama Wealth Management Limited is a leading wealth management and financial services company in India. The firm offers a comprehensive suite of financial solutions across investment advisory, capital markets, and distribution services, catering to institutions, corporates, family offices, and high-net-worth individuals (HNI) and ultra-high-net-worth individuals (UHNI).

SEBI registration details

  • Stock Broker Registration No.: INZ000166136
  • Depository Participant Registration No.: IN-DP-656-2021
  • Research Analyst Registration No.: INH000011103
  • CIN: U65990MH2020PLC352816

Final confirmation terms

By clicking "Agree & Accept", you confirm that you have read, understood, and accepted all the above terms and conditions and authorize Nuvama Wealth and Investment Limited to onboard you as a client under its Private Wealth platform and to open and maintain the necessary accounts and provide related wealth management services, subject to applicable regulatory requirements and completion of all onboarding formalities.