Frequently Asked Questions

• What are the Service Offerings?

  We are SEBI registered Fund Manager & Research Analyst entity. Our offerings are divided into three primary segments:

  1. Fund Management - Category III, Alternative Investment Fund, 129 Wealth Fund (SEBI Registration Number - IN/AIF3/24-25/1602). As per SEBI norms, the minimum investment in AIF is INR 1 crore. Click here to read the benefits & details about AIF.
  2. Advisory/Stock Recomendation Service - Suitable for investors with an investable corpus of 2 Lakhs - 1 crore. We have 4 different subscriptions based service - 
  1. High Volume Stock Recommendation - Covers midcap & largecap segment. Suitable for investors with more than 2 Lakhs investable corpus.
  2. Multibagger Stock Recommendations - Covers microcap, smallcap & SME segment. Suitable for investors with more than 20 Lakhs investable corpus.
  3. IPO Recommendation - Covers mainboard & SME IPOs only for listing gain potential. Position gets close on listing day itself.
  4. Unlisted Stock Recommendation - Covers stocks from unlisted space. Suitable for investors with very high risk appetite with investable corpus of more than 25 Lakhs. Kindly note, unlisted stock recommendation is not regulated by SEBI
  3. Tutorial Service - We offer stock market & mutual fund online tutorial services via pre-recorded videos. We don’t offer any physical coaching or one-to-one session.

   

  It is highly recommended to read the best selling book of Mr. Prasenjit Paul as follows -

  How to Avoid Loss & Earn Consistently in the Stock Market - More than 2 Lakhs copies sold since 2015. Click here for details.

  Multibagger Stocks - Published in 2023 by Penguin Random House.

   

• Do you offer any Trial Service or any discount on subscriptions?

  We don’t offer any discounts. Click here to know the details.

  Regarding trial services, the market regulator SEBI restricts offering free trial services. We too believe that trial services often do more harm than good. For example, if we were to offer four stock recommendations on a trial basis and they generated a 50%+ return, investors expect similar returns from all future recommendations! The reality is that past performance or the results of any “trial service” are not indicative of future return. For instance, the first five recommendations may outperform the market, while the next three underperform using the same methodology. There may even be instances where several consecutive recommendations underperform, followed by a period of strong outperformance.

  Thus “Trial Services” cannot provide an indication of long-term performance rather creates unreasonable expectations for investors. Therefore, we do not offer any trial services.

  However, investors are welcome to request sample research reports from previous stock recommendations. We’ll be happy to provide these reports for reference. Please note, though, that these reports are not investment advice and should not be considered indicative of future performance.

• Kindly share past performance to help evaluate the subscription decision.

  SEBI regulations restrict us from advertising past performance data. Moreover, we believe sharing past performance often misleads investors rather than helping them for following reasons -

  1. Investors tend to extrapolate past returns – For example, if our last six stock recommendations (or the past one-year returns) show a 50% gain, investors may assume the next six picks will yield similar return and increase their investment with higher return expectation. Conversely, if the past year delivered negative returns, investors often reduce (or stop) investment. Both are costly mistakes. A strong past year return may indicate an overvalued market, while negative performance could signal a buying opportunity. Thus, displaying past performance has no relevance in investor’s decision-making process.
     
     
  2. Practical Challenges in Measuring Returns – The nature of stock recommendations service makes it impractical to publish accurate past performance. Take Supriya Life Sciences as an example: we recommended it at multiple price points between 2023-2025, leading to varied returns for different investors. Even after the stock doubled from 2023 initial recommendation levels, we recommended it again in Jan-Feb 2025. If the stock underperforms from its February 2025 level, some investors still have double returns while others experience losses. In such a scenario, what should be considered the "Recommendation Price" for performance tracking? Given such complexities, past performance data holds little value. An investor’s return depends on their subscription period and investment timing, making a standardized past performance report ineffective.
     
     

  How to evaluate advisory service joining decision without past performance?

  Instead of relying on past performance, you can evaluate our stock selection approach and investment philosophy to decide whether to subscribe to our advisory service -

  1. Request Past Research Reports: Email us, and we will share research reports so you can understand our stock selection methodology.
  2. Read Books by Prasenjit Paul:  Our investment philosophy is detailed in "How to Avoid Loss & Earn Consistently in the Stock Market" and "Multibagger Stocks", both available on Amazon & Flipkart.
  3. Review Our AIF Corporate Presentation: This covers our stock selection process and portfolio management principles. 

  By following any of these 3 methods or all 3 methods, you can decide whether our stock recommendation service aligns with your requirement. Kindly note that we do not engage in marketing, offer discounts, or attempt to convince investors. We don’t offer discount, no refund is applicable after opting for the subscription. Thus, if you have any doubts, we humbly request that you refrain from subscribing.