Effective Date: March 2025 · Last Updated: March 2026
1. Acceptance of Terms
By accessing the Sunrise Associates website (sunconnectmfd.in), using our digital onboarding portals, utilizing financial calculators, or transacting in mutual fund schemes through our platform, you acknowledge and agree to be bound by these Terms of Service. If you do not agree with any part of these terms, you must refrain from using this website.
2. Regulatory Status & Scope of Distribution Services
Sunrise Associates is an AMFI-Registered Mutual Fund Distributor holding ARN-92388, registered with the Association of Mutual Funds in India (AMFI).
- Mutual Fund Distribution: We facilitate the marketing, distribution, and execution of mutual fund schemes, structured debt (MLDs), Alternative Investment Funds (AIFs), and Real Estate Investment Trusts (REITs) across empanelled Asset Management Companies (AMCs) and institutional partners (including ABANS Investment Managers).
- Non-Advisory Mandate: In strict compliance with Regulation 3(3) of the SEBI (Investment Advisers) Regulations, 2013, Sunrise Associates does not provide fee-based investment advice, financial planning, or portfolio management services. All scheme information, fact sheets, calculators, and educational materials provided on this platform are purely incidental to our distribution activities.
- No Guarantees: Nothing contained on this website constitutes an offer, solicitation, or guarantee of investment returns. Mutual fund investments are subject to market risks, and past track records do not ensure future performance.
3. Distributor Remuneration & Commission Disclosure
In accordance with SEBI circulars and AMFI guidelines:
- Sunrise Associates distributes Regular Plans of mutual fund schemes and receives commissions directly from Asset Management Companies (AMCs).
- Commissions are paid out of the Total Expense Ratio (TER) of the respective fund scheme as permitted by SEBI; no separate distribution fees are charged directly to the investor.
- Scheme-wise commission disclosures and trail brokerage structures are available to investors upon request in compliance with SEBI Circular No. SEBI/IMD/CIR No. 4/168230/09.
4. Client Responsibilities & Verification
As an investor utilizing our distribution services, you confirm that:
- You have independently evaluated the Scheme Information Document (SID), Statement of Additional Information (SAI), Key Information Memorandum (KIM), and Scheme Riskometer before submitting any transaction request.
- All information, identity documents, bank accounts, and declarations submitted during digital KYC onboarding and UCC creation are true, accurate, and lawfully owned by you.
- You will maintain the confidentiality of your account login credentials, OTPs, and transaction authorization passwords.
- Investments are funded exclusively through legitimate banking channels (RTGS, NEFT, NetBanking, UPI, NACH) from your own verified bank account, and do not violate the Prevention of Money Laundering Act (PMLA).
5. Online Calculators & Estimations
All financial calculators provided on this platform (including SIP, Step-Up SIP, Retirement Corpus, SWP, and ELSS Tax Savings calculators) are intended exclusively for illustrative educational purposes. Projections are computed based on mathematical formulas and user-input growth rates. Actual investment returns will vary based on market fluctuations, asset allocation, and prevailing economic conditions.
6. Limitation of Liability
To the maximum extent permitted by applicable Indian law, Sunrise Associates, its partners, and employees shall not be liable for:
- Any direct, indirect, incidental, or consequential loss of capital or profit resulting from market fluctuations or scheme performance.
- Delays, execution failures, or rejections caused by banking gateway downtimes, NPCI mandate delays, NSE NMF II portal maintenance, or RTA processing timelines.
- Decisions made by the investor based on general market articles, blogs, or calculator projections.
7. Grievance Redressal & Escalations
We are dedicated to resolving any client concerns promptly. For any complaints regarding transaction execution, account statements, or servicing, investors should refer to our dedicated Investor Grievances Redressal Mechanism.
8. Governing Law & Jurisdiction
These Terms of Service are governed by and construed in accordance with the substantive laws of the Republic of India. Any legal actions, proceedings, or disputes arising out of or related to these terms shall be subject to the exclusive jurisdiction of the competent courts situated in Surat, Gujarat, India.
