Disclosure Document
Fundsguru Private Limited
SEBI Research Analyst Registration No.: INH000021526
CIN: U65999GJ2017PTC096612
Brand Name: Bullcapital
Registered Office: B-404 Mondeal Heights, Nr. Panchratna Party Plot, S G Highway, Ahmedabad, Gujarat, 380015
Grievance Officer: Suhagkumar Patel – 9998999177
Compliance Officer: Margiben Patel – margi@bullcapital.in
Support Email: support@bullcapital.in
Website: www.bullcapital.in
The content and data available on the website www.bullcapital.in, as well as materials and model portfolios provided by Fundsguru Private Limited, are intended solely for informational and illustrative purposes.
Charts, return numbers, and rationale are for illustration and do not include transaction fees, taxes, or other costs. Past performance does not guarantee future returns. Portfolio performance is subject to market risk. Data used for performance or historical backtesting is obtained from SEBI/exchange-approved third-party vendors and has not been audited or independently verified by the company.
Information shared by Fundsguru on its website or through its reports should not be interpreted as a recommendation or solicitation to invest. Clients are responsible for validating the information, and their decisions should reflect their individual investment objectives and risk appetite. Investments in securities markets are subject to market risks. Kindly read all related documents carefully before investing.
SEBI registration, RAASB membership, and NISM certification do not guarantee performance or ensure returns for clients. This disclosure document aims to help investors make an informed decision when engaging the services of Fundsguru Private Limited as a Research Analyst.
A. Description of Fundsguru Private Limited (“Bullcapital”)
History, Present Business, and Background
Fundsguru Private Limited, operating under the brand Bullcapital, is a SEBI-registered Research Analyst focused on providing transparent and data-driven equity research to Indian investors. We specialize in generating structured model portfolios, thematic stock baskets, and market research to help self-directed investors make informed decisions.
We do not provide client-specific advisory, portfolio management, or execution services. Our services are strictly research-oriented and based on publicly available financial data, company filings, market trends, and statistical methods.
Terms and Conditions for Research Analyst Services
Bullcapital provides research reports, stock ideas, and model portfolios through digital channels including its website. We do not execute trades, offer brokerage, or manage portfolios.
We also do not provide:
- Personalized investment advice
- Financial planning
- Risk profiling
- One-on-one investment consulting
Clients are solely responsible for making investment decisions based on their personal financial situation. Fundsguru shall not be held responsible for any loss or gain resulting from such decisions. The use of our platform is governed by the Terms of Use and Privacy Policy available on our website.
Disciplinary History
As of the date of this document, no action has been taken against Fundsguru Private Limited or any of its directors or employees by SEBI or any other regulatory authority in connection with its Research Analyst activities.
Affiliations with Other Intermediaries
Fundsguru Private Limited has no affiliations with any stock broker, mutual fund distributor, or depository participant. We do not engage in distribution of financial products or services that could lead to a conflict of interest.
B. Disclosures Regarding Remuneration/Compensation for Distribution or Execution Services
Fundsguru Private Limited does not receive any compensation, incentives, or commissions from issuers of securities or intermediaries in respect of any research, distribution, or execution activities. We do not engage in any execution business.
C. Compensation for Recommending Stock Brokers or Other Intermediaries
We do not recommend stock brokers or financial intermediaries to clients. Fundsguru has no commercial or referral arrangements with any broker, PMS, or distributor. We do not receive or pay any referral fees or revenue-sharing commissions.
D. Fundsguru’s Own Investments in Financial Products
Fundsguru Private Limited, its directors, or employees may from time to time invest in securities mentioned in research reports or model portfolios. These investments are conducted in a personal capacity and do not constitute proprietary trading. All such positions, if materially relevant, are disclosed in the report at the time of publication.
We do not engage in frequent proprietary trading, and internal compliance policies exist to ensure there is no conflict of interest between personal holdings and published research.
E. Actual or Potential Conflicts of Interest
Fundsguru Private Limited operates its research division as a separately identifiable activity. We do not provide other services such as stock broking, mutual fund distribution, or investment advisory. Thus, there is no overlap in functions or conflict of interest.
We maintain strong internal controls to safeguard the objectivity of our research team. Our operations are free of external influence and conflicts from financial product providers.
F. Disclosure of Material Facts – Features, Track Record, Risks, Disclaimers
Clients are encouraged to carefully evaluate the features, risks, and past performance of the model portfolios or research services. Past returns, if shown, are for illustrative purposes only. No returns are guaranteed.
Disclaimers and risk warnings are included in every report. Clients are advised to read these documents thoroughly and seek professional advice before acting on any research report.
G. Drawing Attention to Warnings and Disclaimers in All Materials
All research reports and marketing communications of Bullcapital clearly include disclaimers and warnings. We actively draw client attention to them. Users are advised that these materials are general in nature and should not be relied upon as the sole basis for investment decisions.
H. Standard Risk Factors
Investing in equities, derivatives, and mutual funds involves a wide range of risks. Standard risks include but are not limited to:
- Market Risk: Fluctuations in the overall market may affect portfolio performance.
- Volatility & Liquidity Risk: Illiquid securities or volatile stocks may increase the risk of adverse price movements.
- Macroeconomic Risk: Political instability, monetary policy shifts, interest rate changes, and global shocks may negatively affect investment outcomes.
- Company-Specific Risk: Poor management decisions, governance issues, or earnings miss may impact stock prices.
- Derivative Risk: If a research model includes derivative strategies, such instruments carry leverage and liquidity risks. They require high expertise and may not be suitable for all investors.
There is no assurance of capital protection or returns. Any backtest or simulated return chart is subject to assumptions and limitations. All model portfolios and recommendations should be seen as tools for decision support, not execution mandates.
Confidentiality Clause
Fundsguru Private Limited shall maintain complete confidentiality of all data provided by clients. No such data shall be disclosed to third parties without explicit consent, unless required by law or SEBI regulations.
Investor Services Contact Information
Grievance Officer:
Suhagkumar Patel
Email: support@bullcapital.in
Phone: +91 9998999177
Compliance Officer:
Margiben Patel
Email: margi@bullcapital.in
In case of unresolved grievances, clients can escalate to:
SMART ODR Portal: www.smartodr.in
SEBI SCORES Platform: www.scores.gov.in