Registration granted by SEBI, membership of BASL/BSE and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. All investments in equities, equity linked instruments, bonds, other securities and other financial products are subject to market risks and the returns may go up or down depending upon the factors and strategies affecting the securities market. The prices may swing widely, beyond expectations, and may lead to unanticipated losses and investment returns are not guaranteed. Past performances of the advice given do not guarantee its future performance and may not be always profitable. Acts of State, or sovereign action, acts of nature, acts of war, civil disturbance are extraneous factors which can impact the advice provided by the Investment Adviser.