Information
Privacy Policy
Hinal Hemant Kuvadia (ARN-85815), an AMFI-registered Mutual Fund Distributor, respects your privacy. This policy explains what personal information we collect, why we collect it, how we protect it and what rights you have under the Digital Personal Data Protection Act, 2023 (DPDPA). It applies to every investor and visitor who deals with us in person, by phone, by email or through this website.
Information we collect.
We collect only what is needed to open and service your mutual fund investments: your name, date of birth, PAN, Aadhaar or other address proof, photograph, bank details, contact details, nomination details, FATCA/CRS declaration, occupation and income range, and your answers to our risk assessment. Where you invest through us, we also hold your folio and transaction details.
Why we collect it.
Your information is used to complete KYC as required by SEBI and the Prevention of Money Laundering Act, 2002, to place and track your transactions with AMCs and Registrars, to assess whether a scheme is suitable for you, to send you account statements and regulatory communications, to respond to your service requests and complaints, and to meet reporting duties to SEBI, AMFI, AMCs and tax authorities.
Consent.
We collect your information with your consent, given when you sign the application or KYC form or submit details on this website. You may withdraw consent at any time by writing to us. Withdrawal will not affect processing already completed, and some information must still be retained where the law requires it.
Who we share it with.
Your information is shared only with AMCs, their Registrars and Transfer Agents, KYC Registration Agencies, the Central KYC Registry, online transaction platforms used to place your orders, the insurer for any life insurance policy you buy through us, and with SEBI, AMFI, auditors or other authorities when the law requires. We do not sell, rent or share your information with anyone for marketing.
How we protect it.
Physical documents are kept in locked storage. Digital records are kept on password-protected devices with up-to-date security software. Access is limited to the distributor and staff who need it for their work. Passwords are changed regularly.
How long we keep it.
KYC and transaction records are retained for at least five years after your relationship with us ends, as required under the PML Rules, 2005 and SEBI guidelines. After that period the records are securely destroyed unless a longer period is required by law.
Your rights.
You may ask us to tell you what information we hold about you, to correct or update it, or to erase it where the law no longer requires us to keep it. You may also nominate a person to exercise these rights on your behalf. Write to us at the contact below and we will respond within thirty days.
Children.
We do not open investments for a minor except through a parent or legal guardian, who provides the required consent and documents.
Third-party links.
This website links to websites of SEBI, AMFI, AMCs and Registrars. Their privacy practices are their own and we are not responsible for them.
Grievances about your data.
If you believe your information has been misused, write to kuvadia.hinal@gmail.com or call +91-98196 61727. If you are not satisfied with our response, you may approach the Data Protection Board of India.
Changes.
We may update this policy when the law or our practices change. The current version will always be available on this page.