Privacy Policy

As an AMFI-registered Mutual Fund Distributor, SubhShanti Wealth is dedicated to safeguarding the privacy and confidentiality of our clients' personal and financial data. This Privacy Policy details the methods we employ to collect, utilize, share, and protect your information when you engage with our services, which encompass mutual fund distributions, Systematic Investment Plans (SIPs), lumpsum investments, and other financial offerings. We process your data in strict adherence to the regulations established by the Securities and Exchange Board of India (SEBI) and the Association of Mutual Funds in India (AMFI).


1. Information We Collect

We may collect and process the following categories of personal information to fulfill our regulatory and service obligations:

  • Identity details including name, date of birth, PAN, Aadhaar, passport, or other government-issued IDs for KYC compliance.
  • Contact information covering your current address, phone number, and email ID.
  • Financial information such as bank details, income range, net worth, investment objectives, and risk profile.
  • Transactional information featuring investment history, SIP and lumpsum transaction details, and capital gains records.
  • Professional details including your current occupation and relevant financial goals.


2. How We Use Your Information

We use your information to facilitate seamless investment experiences and adhere to industry regulations:

  • Assess product suitability to ensure the mutual funds and financial products distributed align with your risk profile and goals.
  • Facilitate investment transactions including SIPs, lumpsum investments, and redemptions.
  • Comply with mandatory legal and regulatory requirements, including KYC (Know Your Customer) and PMLA (Prevention of Money Laundering Act) guidelines.
  • Provide portfolio tracking, account statements, and necessary tax-related documentation.
  • Improve our customer experience and tailor educational communications regarding market trends and financial awareness.


3. Data Sharing and Disclosure

We do not sell your personal data to any third party. Your information is only shared with authorized entities required to process your investments:

  • Asset Management Companies (AMCs) and their respective Registrars and Transfer Agents (RTAs like CAMS or KFintech) for transaction processing.
  • Regulatory bodies, legal authorities, or FIU-IND when mandated by law or for audit purposes.
  • Exchange platforms such as BSE StAR MF or NSE NMF II used for routing your transactions.
  • Secure IT service providers involved in maintaining our digital platforms and communication channels.


4. Data Security

We implement industry-standard security measures to protect your personal and financial data from unauthorized access:

  • Secure servers and end-to-end encrypted digital connections.
  • Strict access controls limiting data visibility to authorized personnel only.
  • Regular security audits and ongoing compliance monitoring.


5. Your Rights

As an investor, you retain specific rights regarding your personal data:

  • Access and review the personal information and KYC records we hold about you.
  • Request the correction of inaccurate or outdated contact and bank information.
  • Withdraw consent for marketing communications at any time.
  • Request data deletion, subject to mandatory retention periods dictated by SEBI and PMLA regulations.


6. Data Retention

We retain your personal and transactional data only as long as required to service your investments or as mandated by applicable financial laws. Under current SEBI and PMLA guidelines, certain records must be securely maintained for a minimum of five years after the termination of the business relationship.


7. Cookies and Website Usage

If you use our website or digital services, we may use cookies or similar technologies to improve your user experience and track platform performance. You can manage your cookie preferences directly through your browser settings.


8. Changes to the Policy

We may update this Privacy Policy periodically to reflect changes in regulatory frameworks or our business practices. Any material changes will be communicated to you via email or updated prominently on our website.


9. Contact Us

For any questions, KYC updates, or requests related to this Privacy Policy or your data, please reach out to us:

  • Company: SubhShanti Wealth
  • Email: connect@subhshantiwealth.com
  • Phone: (+91) 9748426408
  • Address: 204 AJC Bose Road, AJC Towers, 5th Floor, Kolkata - 700017.