Standard Chartered Bank, India (‘Bank’) is an AMFI-registered distributor of select mutual funds and referrer of select third party investment products, and does not offer any investment advisory services as defined under the SEBI (Investment Advisers) Regulations, 2013 or other applicable laws and regulations.
myWealth provides portfolio recommendations limited to only select mutual funds distributed by the Bank. The investment ideas generated through myWealth are upon consideration of your current risk profile, cash balances and mutual funds that you hold with the Bank. Your investment concentration, holdings in insurance, equities, bonds, structured products, alternate funds, portfolio management services, leverage or other loans through the Bank and / or any other investment holdings, assets / liabilities held by you outside the Bank are not considered in myWealth. Currently, myWealth only generates investment ideas on mutual funds based on your current asset allocation of mutual funds held with the Bank and the model asset allocation under predefined rules. It does not offer automatic portfolio rebalancing. Investing can be complex due to changing market conditions and you may have your own personal circumstances, specific needs and investment objectives. You may also hold assets elsewhere. These factors, which can change from time to time, and your holdings held elsewhere, are not factored in by myWealth when generating portfolio recommendations. Notwithstanding any discussion with your Relationship Manager, before deciding to proceed with any investment transaction, please make an independent assessment about the risks, merits and appropriateness of each investment transaction, and seek independent professional advice as appropriate
myWealth algorithms may include performance data and statistics that are derived based on historical data and methodologies formulated on various assumptions. Extreme events such as drastic market declines are not explicitly modelled. Prices and market values are for your information only and their accuracy is not guaranteed. Funds are valued based on the latest available net asset value. Where any price is provided, it represents an indicative market valuation only and as an estimated value may differ substantially from prices at which you may be able to sell a product and may not include redemption charges or other charges.
You understand that orders placed by you on the Bank’s SC Invest Platform shall be investments in regular plans of Mutual Fund.; You remain responsible for any liability arising out of the orders placed by you on the SC Invest Platform.
Investments in mutual funds are subject to market risk. Please read scheme related documents carefully before investing. Past performance is not indicative of any guaranteed future returns. All products are subject to suitability and availability”
