FINVESTMENTS (AMFI Registered Mutual Fund Distributor, ARN-129236 & ARN-186693, APRN: APRN00822) respects your privacy and is firmly committed to protecting your personal, financial, and transactional data in compliance with the Digital Personal Data Protection Act, 2023 (DPDP Act), Prevention of Money Laundering Act (PMLA), and regulatory guidelines prescribed by SEBI and AMFI.
1. Information We Collect
When you interact with our website, submit an investment consultation request, or enroll for mutual fund distribution services, we collect necessary information strictly for legitimate regulatory and KYC purposes:
- Identity & Contact Information: Full Name, Email Address, Mobile Number, Date of Birth, and Residential / Tax Status (Resident Indian / NRI).
- Statutory KYC & Regulatory Data: Permanent Account Number (PAN), KYC verification status, Aadhaar verification (via authorized UIDAI / CAMS / KFintech gateways), and Bank Account Details for dividend and redemption mandates.
- Investment Preferences: Investment horizon, risk appetite, preferred asset classes (Equity, Debt, Hybrid, Corporate FDs, PMS), and target financial milestones.
- Technical Logs: IP address, device metadata, and consultation timestamps captured solely for statutory record-keeping and cyber security.
2. Purpose of Data Processing
Your personal and financial information is processed strictly for:
Facilitating folios, SIP registrations, and KYC processing directly through Asset Management Companies (AMCs) and RTAs (CAMS & KFintech).
Ensuring suggested mutual fund scheme categories align with your stated risk profile and horizon as mandated by AMFI Code of Conduct.
Generating consolidated portfolio valuations, capital gains tax reports, and periodic rebalancing statements via secure platforms.
Maintaining audit logs, commission disclosures, and investor communication records under SEBI (Mutual Funds) Regulations.
3. Zero Commercial Data Sharing
We disclose client information solely to regulated and legally authorized entities:
- Registered Asset Management Companies (AMCs) and RTAs (CAMS, KFintech).
- Statutory and Regulatory Bodies: SEBI, AMFI, FIU-India, and Tax authorities when required by law.
- Certified Technology Partners: Secure portfolio reporting systems (e.g., InvestWell) operating under non-disclosure agreements.
4. Bank-Grade Data Security & Storage
We implement comprehensive technical, administrative, and physical safeguards:
- End-to-end Transport Layer Security (TLS 1.3 / HTTPS encryption) across all web channels.
- Strict role-based access controls limiting client data visibility exclusively to certified advisors.
- Regular security patching, access log audits, and secure credential handling.
5. Data Retention
Client records, transaction confirmations, and KYC logs are retained for statutory periods mandated under SEBI regulations, AMFI norms, and the Prevention of Money Laundering Act (PMLA) — typically 8 years following the cessation of distributor relationship.
6. Your Rights Under the DPDP Act 2023
As a data principal under Indian law, you have the right to:
- Request confirmation and summary of personal data processed by us.
- Request correction or updating of outdated or inaccurate personal records.
- Seek redressal of any grievance regarding personal data processing.
7. Compliance & Grievance Redressal Desk
For any queries, data update requests, or privacy concerns, please contact our Compliance & Grievance Desk:
AMFI Registered Mutual Fund Distributor · ARN-129236 | ARN-186693