Legal

Terms of Service

Effective 5 November 2026

These terms apply to your use of xumitcapital.com and to the XC Curated Portfolio subscriptions offered on it. The adviser is Sumit Kumar Singh, a SEBI-registered Investment Adviser (individual), trading as Xumit Capital (“we”, “us”). By using the website or subscribing, you agree to these terms. Please read them with our Privacy Policy and Refund & Cancellation Policy.

1. Who we are

2. What the subscription is

An XC Curated Portfolio subscription gives you access to a model portfolio of Indian listed equities (stocks and their target weights or quantities) and to rebalance updates for the period you pay for. It is investment advice provided under the SEBI (Investment Advisers) Regulations, 2013.

• You place every trade yourself, in your own demat and trading account with a broker of your choice. We never hold, manage or receive your money or securities, and we never trade on your behalf.
• We will never ask for your broker login, password or one-time passwords (OTPs).
• Whether, when and how much to invest is always your decision.

3. Before we can advise you

SEBI rules require the following before we provide any advice or charge any fee. Holdings are shared only once they are complete:

1. KYC: we verify your identity through a KYC Registration Agency using the PAN and other details you provide.
2. Risk profile: you complete our risk profiling questionnaire, and we assess whether the portfolio you chose is suitable for you. If it is not, we will tell you and will not provide that portfolio’s advice.
3. Agreement: you accept the Investment Advisory Agreement, which includes the Most Important Terms and Conditions (MITC) prescribed by SEBI. A copy is sent to your email.

If we cannot complete these steps for you, for example if KYC fails or the portfolio is not suitable, we refund your fee in full (see the Refund & Cancellation Policy).

4. Fees

Plan	Fee (incl. 18% GST)	Period
Half-yearly	₹4,500	6 months
Yearly	₹7,200	12 months

• Fees are charged under the fixed-fee mode, paid in advance for the chosen period with your agreement. Advance fees never exceed one year.
• Payment is made online through Razorpay (UPI, cards, net banking). We do not accept cash. There is no auto-debit; your subscription does not renew unless you pay again.
• The same fee applies to every XC Curated Portfolio. A subscription covers one portfolio.
• We issue a GST invoice for every payment.

5. Your subscription period

Your access runs for 6 or 12 months from the date of payment. When it ends, rebalance updates stop unless you renew. You may stop the subscription at any time; refunds follow the Refund & Cancellation Policy.

6. No guarantees

• Investing in equities carries risk, including the loss of capital. The value of your investments can fall as well as rise.
• We do not guarantee or promise any return, and no scheme offered by us carries assured returns.
• Performance shown on this website is that of model portfolios, calculated from NSE closing prices. It is shown before fees, taxes and trading costs and excludes dividends unless stated. Your own results will differ depending on when and at what prices you trade. Past performance does not guarantee future returns.

7. Conflicts of interest

We do not receive commissions, referral fees or any other payment from companies, brokers or product providers for the stocks in our portfolios. We will disclose any material conflict of interest to you in writing.

8. Use of the content

Portfolio holdings and rebalance updates are for your personal use only. You may not copy, share, resell or publish them. We may end a subscription without refund for the remaining period if this condition is breached.

9. Website

We try to keep the website accurate and available but cannot guarantee it will always be error-free or uninterrupted. Market data is drawn from public NSE sources. Nothing on the public pages of this website is personalised investment advice.

10. Complaints

1. Write to us first. Email sumit.singh@xumitcapital.com with your name, the portfolio you subscribed to and your payment reference. We acknowledge every complaint and aim to resolve it within 21 days.
2. SEBI SCORES. If you are not satisfied with our response, you can lodge a complaint on SEBI’s SCORES platform at scores.sebi.gov.in.
3. Online Dispute Resolution. If the matter is still unresolved, you can start online conciliation or arbitration through the Smart ODR portal at smartodr.in.

11. Changes and governing law

We may update these terms. Material changes will be emailed to active subscribers and will not reduce your rights for a period you have already paid for. These terms are governed by the laws of India, and the courts at Ahmedabad have jurisdiction, subject to the dispute resolution process above.

Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investment in securities market is subject to market risks. Read all the related documents carefully before investing.