Grow Wealth With
the Power of
Compounding

1. Vision & Mission

Vision: Invest with knowledge & safety.

Mission: Every investor should be able to invest in the right investment products based on their needs, manage and monitor them to meet their goals, access research reports, and enjoy long-term financial wellness through the power of compounding.

2. Business Transacted by the Research Analyst

• Publishing equity research reports based on research activities of the RA.
• Providing an independent, unbiased view on listed securities.
• Offering unbiased recommendations, disclosing any financial interests in recommended securities.
• Providing research recommendations based on analysis of publicly available information and known observations.
• Conducting annual audits as required.
• Ensuring all advertisements comply with the Advertisement Code for Research Analysts.
• Maintaining records of interactions with all clients, including prospective clients, where any conversation related to research services has taken place.

3. Services Provided to Investors

Onboarding: Sharing terms and conditions of research services; completing KYC of fee-paying clients.

Disclosures to Clients:

• Disclosing material information required for an informed decision, including business activity, disciplinary history, and terms and conditions of research services.
• Disclosing any conflict of interest with other activities of the research analyst.
• Distributing research reports and recommendations to clients without discrimination.
• Maintaining confidentiality of research reports until made available in the public domain.
• Respecting data privacy rights of clients and protecting confidential information.
• Providing clear guidance and adequate caution notices when covering complex and high-risk products.
• Treating all clients with honesty and integrity.

4. Rights of Investors

• Right to Privacy and Confidentiality
• Right to Transparent Practices
• Right to Fair and Equitable Treatment
• Right to Adequate Information and Initial & Continuing Disclosure
• Right to receive statutory and regulatory information
• Right to Fair & True Advertisement
• Right to be Heard and for Satisfactory Grievance Redressal
• Right to Timely Redressal
• Right to Exit financial products/services per agreed terms
• Right to Clear Guidance on High-Risk Products
• Right to provide feedback
• Right against coercive or one-sided clauses in financial agreements

5. Responsibilities of Investors (Do's & Don'ts)

Do's:

• Always deal with SEBI-registered Research Analysts. Verify registration at sebi.gov.in.
• Pay attention to disclosures made in research reports before investing.
• Pay fees through banking channels only and maintain duly signed receipts.
• Ask all relevant questions and clear doubts with your Research Analyst before acting.
• Seek clarifications on complex and high-risk products before investing.
• Be aware that you have the right to stop availing research services per the agreed terms.
• Inform SEBI about any Research Analyst offering assured or guaranteed returns.

Don'ts:

• Do not provide funds for investment to the Research Analyst.
• Do not fall prey to luring advertisements or market rumours.
• Do not get attracted to limited-period discounts, gifts, or incentives offered by Research Analysts.
• Do not share login credentials or passwords of your trading, demat, or bank accounts with any Research Analyst.

Physical Complaints

Investors may also send physical complaints to:

Office of Investor Assistance and Education, Securities and Exchange Board of India,
SEBI Bhavan, Plot No. C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051.

Resolution Timelines

• Level 1 (Direct): Resolution within 7 business working days.
• Level 2 (Compliance Officer): Resolution within 21 days of receipt.
• Level 3 (SEBI SCORES): If unresolved after 1 month, escalate to SEBI SCORES.
• Level 4 (SMART ODR): Online dispute resolution via conciliation or arbitration.

Registration & Regulatory Details

• Name: CA. Arul Soni
• Registration Type: Research Analyst (Part-Time)
• SEBI Registration No.: INH000025267
• Entity Type: Individual
• SEBI Office: SEBI Bhavan BKC, Plot No. C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra

Complaints Data — FY 2025–26

Last Updated: May 2026  ·  CA. Arul Soni · SEBI RA INH000025267

Cumulative Summary (Since Registration)

How to Lodge a Complaint

Note: This data is disclosed per SEBI Circular SEBI/HO/IMD/IMD-II CIS/P/CIR/2021/0685 dated December 13, 2021 and updated by the 7th of each succeeding month. All complaints data is also available on the SEBI SCORES platform.

Research Analyst: CA. Arul Soni  ·  SEBI Reg. No.: INH000025267  ·  Type: Part-Time Research Analyst  ·  Brand Name: Power of Compounding  ·  Email: caarulsoni@gmail.com  ·  Phone: +91-8005802593

1. No Trade Execution on Behalf of Client

2. Fee Structure & Limits

• Fees are subject to the maximum prescribed by SEBI/RAASB (applicable to Individual and HUF clients only).
• Current fee cap: ₹1,51,000 per annum per family for all research services combined.
• The fee limit does not include statutory charges such as GST.
• Fee limits do not apply to non-individual clients or accredited investors.

3. Advance Fee & Refund Policy

• Fees may be charged in advance for a maximum of one quarter as stipulated by SEBI.
• On pre-mature termination by either party, the client is entitled to a proportionate refund for the unexpired period.
• No breakage fee is charged on early termination.
• Refund requests must be submitted in writing to caarulsoni@gmail.com.

4. Permitted Modes of Payment

• Accepted modes: Cheque, NEFT/RTGS/IMPS, UPI.
• Cash payment is strictly prohibited under SEBI regulations.
• Clients may optionally use the Centralised Fee Collection Mechanism (CeFCoM) managed by BSE Limited (RAASB). This is optional and not mandatory.
• Always retain a receipt/acknowledgement of every payment made.

5. Conflict of Interest

• The RA complies with SEBI/RAASB regulations on disclosure and mitigation of conflicts of interest.
• Any holdings in recommended securities by the RA or associates are disclosed in the relevant research report.
• The RA will promptly notify the client of any conflict that may affect research services.

6. No Guaranteed Returns

• Offering guaranteed returns, assured profits, or risk-free investment schemes is strictly prohibited by law.
• SEBI registration and NISM certification do not guarantee performance or assure returns.
• All research is based on publicly available information and analysis — outcomes depend on market conditions.

7. Nature of Research & Market Risks

• All opinions, projections, and estimates are based on available data and assumptions at the time of publication.
• Investments in the securities market are subject to market risks. Read all related documents carefully before investing.
• Research reports do not assure profits. Clients cannot claim compensation for losses arising from recommendations.
• Past performance is not indicative of future results.

8. Confidentiality & Record Keeping

• Client data is kept strictly confidential and not shared with third parties except as required by law.
• Research reports must not be forwarded, reproduced, or distributed to any third party without written consent.
• Client records maintained for a minimum of 5 years as per SEBI requirements.

9. KYC Requirements

• The RA follows KYC procedures for all fee-paying clients as specified by SEBI/RAASB.
• Clients must provide accurate personal and financial information for KYC compliance.

10. Grievance Redressal

• Complaints: caarulsoni@gmail.com | +91-8005802593
• Resolution timeline: 7 business working days.
• Escalation: SEBI SCORES or SMART ODR if unresolved.
• SEBI Helpline: 1800 22 7575 / 1800 266 7575 (toll-free).

11. Client Acknowledgement

By subscribing to research services of CA. Arul Soni (Power of Compounding), the client confirms they have read, understood, and accept these MITC, and acknowledge that:

• They subscribe for their own benefit and consumption.
• Reliance on research is based on their own judgment and assessment.
• The RA cannot execute trades on their behalf under any circumstances.

12. CeFCoM — Optional Centralised Fee Collection

Clients may optionally use the Centralised Fee Collection Mechanism (CeFCoM) managed by BSE Limited (RAASB). For guidance, write to caarulsoni@gmail.com.