USER TERMS
AND CONDITIONS

Last Updated: 30.09.2021

Terms and conditions

This document is published in accordance with the provisions of Rule 3 (1) of the Information Technology (Intermediaries guidelines) Rules, 2011 that require publishing among other things the Terms and Conditions for access or usage of www.takeoff.in.

These terms of use (hereinafter referred to as “Terms and Conditions”) mandate the terms on which the users (“You” or “Your” or “User”) access and register on the website www.takeoff.in a web service being provided by Takeoff Fintech Pvt. Ltd. (hereinafter referred to as “Takeoff” or “We” or “Us” or “Website”). Takeoff is India’s first-ever mutual fund distribution platform for non-individuals.

Please read the Terms and Conditions and the Privacy Policy before registering on Takeoff or accessing any material, information through Takeoff. Takeoff retains an unconditional right to modify or amend this Terms and Conditions without any requirement to notify its Users. It shall be Your responsibility to check these Terms and Conditions periodically for any changes. Your acceptance of the amended Terms and Conditions shall signify Your consent to the changes and the agreement to be legally bound by the same. It is Your responsibility to check for any updates to the Terms and Conditions.

  • 1. OUR SERVICES

    Takeoff is an AMFI registered mutual fund distributor bearing registration number ARN: 169982. It is clarified that this Website is only for non-individuals and Takeoff is not rendering services of mutual fund. Takeoff is only providing a platform to its Users to facilitate the transaction of investment in mutual funds. If You buy mutual fund on the Website, Takeoff will receive brokerage commission from AMCs.

    Takeoff shall only facilitate sale of mutual funds and shall not be liable in any manner with respect to the mutual fund units allotted to You by the AMC.

    You acknowledge that Takeoff is a web service that allows You to avail the services directly from it for investment into mutual funds and information related thereto. Takeoff grants its Users a limited, non-exclusive, non-transferable, royalty free license to use the Website for the services being provided.

    Use Takeoff to facilitate subscription and redemption of mutual funds units and instruct the relevant asset management company (hereinafter referred to as “AMC”), as per Your instructions;

    Record and maintain Your personal information and financial transactions in a secure and confidential manner; and

    Promptly and efficiently respond to Your queries relating to Your account.

    Takeoff lists all the mutual fund schemes that are available in the market on this Website. You shall be solely responsible for any investment decisions and for the purchase of any mutual funds on the Website. The information provided by Takeoff does not constitute advice as it does not hold an investment advisory license and is not allowed to provide any investment related advice to the Users. In no event shall Takeoff, its management and assignees be liable to You or for any loss or damage that may be caused or may arise in relation to these Terms and Conditions or use of this Website or due to investments made using this Website.

  • 2. ELIGIBILITY TO USE
  • 3. USE OF TAKEOFF
  • 4. INTELLECTUAL PROPERTY RIGHTS
  • 5. DISCLAIMER OF WARRANTIES, INDEMNIFICATION AND LIMITATION OF LIABILITY
  • 6. USER ACCOUNT, PASSWORD AND SECURITY
  • 7. VIOLATION OF THE TERMS AND CONDITIONS
  • 8. SUSPENSION AND TERMINATION
  • 9. TRANSFER OF UNITS
  • 10. REFUND POLICY
  • 11. GOVERNING LAWS
  • 12. SEBI CAUTION
  • 13. COMMUNICATION
  • 14. WHATSAPP GROUPS
  • 15. GENERAL PROVISIONS