1. Privacy Commitment
Keval N Karaniya (Mahavir Investment), ARN-40625, an
AMFI-Registered Mutual Fund Distributor, is committed to
maintaining the privacy, confidentiality and security of
personal information collected from investors and website
visitors.
This Privacy Policy explains how we collect, use, store,
share and protect personal data in connection with our
website, client onboarding, KYC verification, investor
servicing and mutual fund transaction-related activities.
2. Scope & Applicability
This Privacy Policy applies to individuals who interact
with Mahavir Investment through this website or in
connection with client onboarding, Know Your Customer
(KYC) verification, risk profiling, investor servicing
and mutual fund transaction processing.
By using this website or voluntarily providing personal
information to us, you acknowledge that your information
may be collected, processed and used for the purposes
described in this Privacy Policy, subject to applicable law.
3. Information We Collect
Depending on the services requested and applicable
regulatory requirements, we may collect the following
categories of information:
-
Identity information:
name, date of birth, PAN, Aadhaar or other officially
valid documents where required for KYC, photograph
and signature.
-
Contact information:
residential or correspondence address, mobile number
and email address.
-
Financial information:
bank account details, income range, investment
information, transaction details and risk-profile
responses.
-
Regulatory information:
FATCA/CRS declarations, nomination details and other
information required under applicable laws and
regulations.
4. Purpose of Use
Personal information may be used for purposes including:
- KYC completion and verification;
-
Processing and servicing mutual fund transactions;
-
Risk profiling and related regulatory requirements;
-
Investor servicing and communication;
-
Providing account and portfolio-related information;
-
Handling investor queries and grievances;
-
Meeting applicable legal, regulatory and reporting
obligations;
-
Preventing fraud, misuse or unauthorised activity;
-
Maintaining records required under applicable laws
and regulations.
5. Sharing of Information
Personal information may be shared with authorised parties
where necessary for providing mutual fund-related services
or complying with applicable legal and regulatory
requirements.
These may include:
-
The relevant Asset Management Companies (AMCs) /
Mutual Funds;
-
Registrar and Transfer Agents (RTAs), including CAMS
and KFintech, where applicable;
-
KYC Registration Agencies (KRAs) and CKYC-related
systems;
-
SEBI, AMFI, government authorities, regulators or
law-enforcement authorities where legally required;
-
Auditors, professional advisers, technology/service
providers and other authorised service providers
where necessary for legitimate business, compliance
or operational purposes.
We do not sell or rent personal or financial information
to marketing agencies or advertising platforms.
6. Data Storage & Security
We take reasonable technical and organisational measures
to protect personal information against unauthorised
access, alteration, disclosure, misuse, loss or
destruction.
Digital records may be maintained on password-protected
systems with restricted access and appropriate backups.
Physical documents, where maintained, are stored securely
with access restricted to authorised persons.
7. Data Retention & Disposal
Personal and transaction records are retained for the
period required under applicable laws, regulations and
regulatory requirements.
Once information is no longer required to be retained,
reasonable measures may be taken to securely dispose of
physical records and delete or anonymise digital
information, subject to technical, legal and regulatory
requirements.
8. Your Rights
Subject to applicable law and regulatory record-retention
requirements, individuals may have rights relating to
their personal information, including requesting access
to or correction of personal information and requesting
deletion where legally permitted.
For privacy-related requests or concerns, please contact:
kevalkaraniya@gmail.com
9. Cookies
This website may use cookies or similar technologies to
remember preferences, improve website functionality and
understand website traffic and usage.
10. Third-Party Links
This website may contain links to third-party websites
or services for convenience. Mahavir Investment does not
control and is not responsible for the content,
availability, security or privacy practices of such
third-party websites.
11. Privacy Grievance Contact
For any privacy-related question, request or grievance,
please contact:
12. Updates to this Privacy Policy
We may update this Privacy Policy from time to time to
reflect changes in our practices, technology, legal
requirements or regulatory requirements.
Last Updated:
September 1, 2026