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Disclaimer & Risk Disclosure

Please read the following disclaimers carefully before using our website, platforms or investing in any financial product offered through Nikunj Stock Brokers Ltd.

SEBI Mandated
Effective: June 2025
SEBI Reg. INZ000169335
Disclosure — Equity F&O Segment
  • 9 out of 10 individual traders in the equity Futures and Options segment incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits incurred between 15% to 50% of such profits as transaction costs.
9/10
traders lose money
in F&O (SEBI data)
Section 01

General Disclaimer

The information, content and material on this Website (www.nikunjonline.com) is provided by Nikunj Stock Brokers Ltd ("NIKUNJ") for general informational purposes only. It does not constitute investment advice, a solicitation to buy or sell any security, or a guarantee of returns.

NIKUNJ is a SEBI-registered stock broker and depository participant. All services are subject to applicable SEBI regulations, exchange rules, PMLA provisions and related laws. NIKUNJ does not warrant the accuracy, completeness or suitability of any information on this Website for any particular purpose.

Investments in securities markets are subject to market risks. Please read all relevant documents carefully before investing. Past performance is not indicative of future results. Investors should consult their financial advisor before making any investment decision.
Section 02

Equity & Futures & Options

Investment in the securities market is subject to market risks. Read all related documents carefully before investing. The securities quoted are for illustration purposes only and are not a recommendation.

Disclosure — F&O Segment:
  • 9 out of 10 individual traders in the equity Futures and Options segment incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits incurred between 15% to 50% of such profits as transaction costs.
  • Futures and Options are leveraged instruments. Losses can exceed the initial margin deposited.
  • Intraday trading involves high risk and is not appropriate for investors with low risk tolerance.
  • NIKUNJ may square off open positions without notice if margin requirements are not maintained.
  • Transaction costs including brokerage, STT, exchange fees, GST and SEBI turnover charges reduce net returns significantly.
Section 03

Mutual Funds

Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.

NIKUNJ is an AMFI-registered Mutual Fund Distributor. All mutual fund schemes are distributed as a distributor and not as an investment adviser. Investors are advised to read the Scheme Information Document (SID), Statement of Additional Information (SAI) and Key Information Memorandum (KIM) before investing.
  • NAV of schemes may go up or down depending on factors affecting securities markets.
  • Systematic Investment Plans (SIPs) do not guarantee returns or protect against losses in declining markets.
  • Redemption proceeds may be affected by exit loads and applicable taxes.
  • Direct plans have a lower expense ratio than regular plans. Returns may differ accordingly.
Section 04

Initial Public Offerings (IPO)

Opening of an account with NIKUNJ will not guarantee allotment of shares in any IPO. Investors are requested to do their own due diligence before investing in any IPO.

  • IPO allotment is subject to SEBI and exchange rules on proportionate allotment and is not guaranteed.
  • Listing price of IPO shares may be above or below the issue price and past listing gains are no indicator of future performance.
  • UPI mandate blocking and ASBA processes are governed by the respective bank's policies.
  • Investors must read the Red Herring Prospectus (RHP) carefully before applying.
Section 05

Margin Trading Facility (MTF / Pay Later)

MTF is subject to the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017 and the terms and conditions mentioned in the Rights and Obligations Statement issued by NIKUNJ.

MTF involves borrowing funds from the broker to purchase securities. This amplifies both gains and losses. If the value of pledged securities falls below the required margin, NIKUNJ may issue a margin call or liquidate positions without prior notice.
  • Interest is charged on MTF funding from the date of purchase until full repayment.
  • The list of approved MTF securities and applicable haircuts is subject to change at any time.
  • Clients must maintain the required margin at all times to avoid forced liquidation.
Section 06

Third-Party Products

All third-party products including Portfolio Management Services (PMS), Mutual Funds, Fixed Income Products, Bonds, Alternative Investment Funds (AIFs) and similar products are not exchange-traded products. NIKUNJ acts only as a distributor for such products.

All disputes with respect to the distribution activity for third-party products would not have access to the Exchange investor redressal forum or the arbitration mechanism. Investors should carefully read the product-specific documents before investing.
Section 07

Research Analyst Disclaimer

The views expressed on this website and in research reports accurately reflect the personal views of the analyst(s) about the subject securities or issuers. No part of the compensation of the research analyst(s) was, is, or will be directly or indirectly related to the specific recommendations or views expressed by the research analyst(s).

  • Research reports are for informational purposes only and do not constitute a buy/sell recommendation for any specific security.
  • Investors should independently verify all information and consult their financial advisor before acting on any research report.
  • NIKUNJ and its research analysts may hold positions in securities mentioned in research reports.
  • All advertisements published by NIKUNJ are bound by stringent internal regulations and the legal and statutory requirements of SEBI.
Section 08

Website & Content Disclaimer

The content on this Website is provided for general information only and may be subject to change without notice. NIKUNJ makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability or suitability of any information contained on the Website.

  • NIKUNJ is not responsible for any loss or damage arising from reliance on content published on this Website.
  • Links to third-party websites are provided for convenience only. NIKUNJ does not endorse or take responsibility for their content.
  • Market data, prices and calculations are indicative only and may not reflect real-time exchange data.
  • The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person for any acts of omission or commission, errors or violations by NIKUNJ or its associates in relation to exchange rules and bye-laws (ITORS).
Section 09

SEBI Registration & Certification

Registration granted by SEBI and certification from NISM is in no way a guarantee of performance of the intermediary or provides any assurance of returns to investors.

SEBI registration confirms regulatory compliance of the intermediary. It does not validate investment recommendations, guarantee returns or protect investors from market losses. Investors must exercise their own judgment and due diligence.
Section 10

Regulatory Registrations

Nikunj Stock Brokers Ltd holds the following regulatory registrations:

SEBI Registration
INZ000169335
NSE Member Code
06913
BSE Member Code
6645
MCX Member Code
16505
NSDL DP ID
IN302994 — SEBI: IN-DP-89-2015
CDSL DP ID
100300 — SEBI: IN-DP-89-2015
CIN
U74899DL1994PLC060413
Registered Office
A-92, G.F., Left Portion, Kamla Nagar, Delhi – 110007

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