Terms of Use
In short: WealthScope is a free educational tool. It explains your mutual fund statement. It does not advise you. Upload only a statement you are entitled to use, check important figures yourself, and consult a SEBI-registered professional before making decisions.
1. Agreeing to these terms
These terms apply whenever you use the WealthScope website and the reports it produces (together, "WealthScope"). By uploading a statement or otherwise using WealthScope, you agree to them. If you do not agree, please do not use WealthScope.
2. What WealthScope is
WealthScope reads a Consolidated Account Statement (CAS) that you upload and produces a PDF report describing your mutual fund holdings, their past performance, comparisons with market indices, risk measures, an illustrative 12-month range and an estimate of tax. If you choose, it also shows your net worth from amounts you enter and an illustrative chance of reaching goals you set.
WealthScope is provided for education and general information only. It is not registered with SEBI as an investment adviser or research analyst. Nothing on the website or in any report is investment, tax, legal or financial advice, or a recommendation or solicitation to buy, sell or hold any security. Observations in a report are factual descriptions of your data, not instructions.
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance does not indicate future results. Our Disclaimer sets this out in full.
3. Accuracy and no warranty
Reports are produced automatically from your statement and from public market data (such as AMFI, mfapi.in, Yahoo Finance and the Reserve Bank of India). These sources can be incomplete, delayed or wrong, statements can be read imperfectly, and the methods involve assumptions and estimates. Tax figures assume a resident individual under rules as understood at the time and may not reflect your circumstances.
WealthScope is therefore provided "as is" and "as available", without warranties of any kind, express or implied, including accuracy, completeness, fitness for a particular purpose or uninterrupted availability. Please verify any figure that matters before relying on it.
4. Your responsibilities
- Upload only your own statement, or one you are authorised by its owner to use.
- Use WealthScope lawfully and for personal, non-commercial purposes.
- Do not attempt to disrupt, overload, probe, reverse-engineer or gain unauthorised access to the service, or upload malicious files.
- Do not use automated means to submit requests, or use WealthScope to build a competing product or dataset.
- Decisions you make about your investments and taxes are yours alone. Seek professional advice where appropriate.
5. Your data
How your statement is handled is described in our Privacy Policy, which forms part of these terms. In brief: personal details are removed when the statement is read, the uploaded file and everything derived from it are erased once your report is delivered, your password is never stored, and your data is never sold or shared. Any optional details you type in, such as goals, amounts held outside your statement or your age for NPS, are used only for your report and erased with it. If you send feedback, we keep your message and any email address you provide, only to read and respond to it.
6. Your report and our content
Your report is yours to keep and share for personal purposes. The WealthScope name, logo, website design, text and report format belong to WealthScope and may not be copied or reused commercially without permission.
7. Limitation of liability
To the fullest extent permitted by law, WealthScope and its founder will not be liable for any indirect, incidental, special or consequential loss, or for any investment, trading or tax loss, loss of profit or loss of data, arising from your use of, or inability to use, WealthScope or any report, even if advised of the possibility. As the service is provided free of charge, total liability for any claim relating to WealthScope is limited to ₹1,000. Nothing in these terms excludes liability that cannot be excluded by law.
8. Indemnity
You agree to compensate WealthScope for any claim, loss or expense arising from your breach of these terms, from uploading a statement you were not entitled to use, or from your misuse of the service.
9. Third parties
WealthScope is not affiliated with or endorsed by CAMS, KFintech, AMFI, any fund house, index provider or the Reserve Bank of India. It runs on Google Cloud and relies on third-party data sources whose availability and accuracy are outside our control. Links to other websites are provided for convenience. Their own terms apply.
10. Changes and availability
WealthScope may change, suspend or discontinue any part of the service at any time without notice. These terms may be updated. The effective date above will change when they are, and continued use after an update means you accept the revised terms.
11. Governing law
These terms are governed by the laws of India. Any dispute arising out of or relating to WealthScope or these terms will be subject to the exclusive jurisdiction of the courts at New Delhi, India.
12. Contact and grievances
For questions, concerns or complaints about WealthScope or your data, write to wealth.scope.ws@gmail.com. We aim to acknowledge messages within 72 hours and to resolve grievances within 30 days.