Disclaimer

• Investments in debt instruments are subject to reinvestment risks. Interest rates prevailing on interest amounts or maturity due dates may differ from the original coupon rate, potentially resulting in reinvestments at lower rates.

• If a client seeks our opinion on specific positions held by them, we may provide an appropriate view on the securities. However, such a view should strictly be considered an opinion, not advice. Clients are advised to independently evaluate our opinion and not consider it as consultancy. We are not liable for any losses the client may incur based on such opinions.

• We do not hold any positions in financial products or securities that are the subject matter of our advice.

• The names of products or the nature of investments mentioned do not guarantee prospects or returns. The performance of equity products may be adversely affected by company-specific factors, market changes, industry trends, and macroeconomic conditions.

• Investment in the market is subject to market risks. While we make every effort to analyze and predict market trends, no guarantees or assurances of returns or accuracy can be provided.

• The information on our website is updated periodically. However, Financial Independence Services disclaims all warranties, whether express or implied, regarding the quality, consistency, efficacy, completeness, performance, or fitness of the content on the website.

• Clients are advised to carefully read, understand, and agree to the terms and conditions, as well as the disclaimer, before availing of our services.

• We do not guarantee any profit or return on investments.

• The performance of investments or products may be affected by changes in government policies, interest rates, trading volumes, liquidity, and settlement systems in equity and debt markets.

• We do not offer profit/loss sharing services, guaranteed profit services, or Demat services.

• Registration granted by SEBI, enlistment as RA with exchange and certification from NISM do not guarantee the performance of the intermediary or provide assurance of returns to investors.

• Any securities mentioned, if any, are for illustrative purposes only and are not recommendations.

• Investments in the securities market are subject to market risks. Please read all related documents carefully before investing.

Disclosure and Disclaimer Document

SEBI Registered Research Analyst
Registration No.: INH000021058

This Disclosure Document is prepared in accordance with SEBI (Research Analyst) Regulations, 2014. It provides essential information about research and recommendation services to assist clients in making informed decisions.

About the Research Entity

• History and Business: Registered with SEBI on June 17, 2025, as a Research Analyst, Financial Independence Services offers research and recommendation services aimed at aligning its interests with clients to provide the quality services.
• Terms & Conditions: Please refer to the terms and conditions document for details.
• Disciplinary History: No material litigations, regulatory actions, or pending investigations exist against the entity, its analysts, associates, or relatives.
• Associates: No associates.

Disclosures

• The entity, analysts, or their relatives may have financial interests or ownership of 1% or more in recommended securities. Such details are disclosed at the time of advice.
• There are no conflicts of interest compromising objectivity or independence. Any arising conflict will be disclosed.
• No remuneration or benefits have been received from subject companies for investment banking, brokerage, or merchant banking services in the past 12 months.
• Research Analyst or its employee or its associates have not received any compensation or other benefits from the Subject Company or 3rd party in connection with the research report/ recommendation.
• The entity, analysts, or associates have not managed public offerings or provided market-making activities for subject companies in the past 12 months.
• The subject company has not been a client of the entity in the past 12 months.
• Research analysts or associates are not officers, directors, or employees of the subject company.
• Research Analysts has not been engaged in market making activity of the subject company.

Standard Disclosure –

Financial Independence Services is registered as a non-individual Investment Adviser 

Address: 1/239, Ground Floor, Subhash Nagar, New Delhi – 110027

Phone: (+91) 8882081067

Email: support@financialindependence.co.in

Website: www.financialindependence.co.in

SEBI registration No.: INH000021058,

BASL Membership Id: . 6798

Principal Officer: Ankit Choudhary (Email: ankit71187@gmail.com) and

Compliance Officer: Lalit Arora (Email: Larora0629@gmail.com).

Local office address of Securities and Exchange Board of India: Northern Regional Office (NRO)

NBCC Complex, Office Tower-1, 8th Floor, Plate B, East Kidwai Nagar, New Delhi – 110023