Compliance &
Regulatory Disclosures
SHM Ventures operates in accordance with the regulatory framework prescribed by the Securities and Exchange Board of India (SEBI) for Registered Investment Advisers (RIA).
This page provides important regulatory information, disclosures, and policy documents to ensure transparency, investor protection, and compliance with applicable financial regulations.
Investors are encouraged to review the following information carefully.
SEBI Registration Details
Himanshu Somani is registered with the Securities and Exchange Board of India (SEBI) as a Registered Investment Adviser (RIA).
Registration Details
SEBI Registered Investment Adviser
Registration Number: INA00021216
This registration ensures that all advisory services are conducted in accordance with SEBI's regulatory guidelines and professional standards.
RIA Certificate
The official SEBI RIA registration certificate is available for verification. Investors may review the certificate to confirm the registration status and regulatory authorization.
Document
RIA Registration Certificate (PDF)
Terms & Conditions
The Terms & Conditions document outlines the rules and conditions governing the use of advisory services and the website platform. It defines the responsibilities and obligations of both the adviser and the investor.
Key Areas Covered:
- Use of the website and services
- Limitations of liability
- Service terms and conditions
- Investor responsibilities
Privacy Policy
The Privacy Policy explains how personal information and investor data are collected, stored, and protected when using the platform. SHM Ventures is committed to protecting user privacy and ensuring data is handled responsibly.
Key Areas Covered:
- Data collection practices
- Data storage and security
- Use of personal information
- Investor privacy protection
Risk Disclosure
Investments in securities and financial markets involve inherent risks. The Risk Disclosure document outlines the potential risks associated with investing in equities and other financial instruments.
Investors should carefully evaluate their financial situation, risk tolerance, and investment objectives before making any investment decisions.
Key Risk Considerations:
Past performance does not guarantee future results.
Read Risk DisclosureComplaint Redressal Mechanism
SHM Ventures maintains a structured grievance redressal system for addressing investor complaints and concerns.
If clients have any grievances related to advisory services or platform usage, they may submit their complaints through the official contact channels. All complaints will be addressed in accordance with SEBI regulations and regulatory timelines.
Investors may contact the grievance officer using the official communication channels listed on the Contact page.
SEBI SCORES Platform
Investors may also register complaints through the SEBI SCORES (SEBI Complaints Redress System) platform.
SCORES is an online complaint resolution system developed by SEBI that allows investors to lodge and track complaints against registered intermediaries.
Investors can access the SCORES platform using the link below.
Indian Investor US Market FAQ
Answers to key regulatory compliance, taxation, and structural questions for Indian retail investors investing in US stock markets.
Under the Liberalised Remittance Scheme (LRS) governed by the RBI, Indian residents can remit up to $250,000 USD per financial year (April – March) for foreign investments, including purchasing US stocks and ETFs.
For LRS remittances up to ₹7 Lakhs in a financial year, the TCS rate is 0%. For remittances exceeding ₹7 Lakhs, a 20% TCS is collected by the authorized dealer bank. Note that TCS is not an additional tax; it is fully adjustable against your overall income tax liability or claimable as a refund when filing your annual Income Tax Return (ITR).
Under the Double Taxation Avoidance Agreement (DTAA) between India and the US, a flat 25% tax is withheld in the US on dividends paid to Indian residents. You can claim a Foreign Tax Credit (FTC) in India to avoid paying tax twice on this dividend income.
No. Under current RBI LRS guidelines, Indian retail investors are prohibited from using remitted funds for leveraged products, margins, derivatives, or options trading. Foreign remittances under LRS are strictly restricted to delivery-based investments like direct equities and ETFs.
Several platforms offer low-cost access to US markets for Indian investors, including Vested Finance, INDmoney, Groww, and Interactive Brokers. While some platforms offer zero-commission trading, investors should compare foreign exchange markup fees, withdrawal fees, and compliance support (like automated W-8BEN filing).
Most international brokers serving Indian retail investors support fractional investing. This allows you to buy fractions of high-priced equities (like NVIDIA, Amazon, or Microsoft) starting with as little as $1 to $5 USD, lowering the entry barrier for retail investors.
Broad-market US ETFs are highly recommended for conservative long-term wealth compounding. Popular low-cost options include Vanguard S&P 500 ETF (VOO), Invesco QQQM (Nasdaq-100 index), and iShares Core S&P 500 ETF (IVV), which offer highly diversified exposure to the US market.
Code of Conduct
All advisory services are conducted in accordance with the professional and ethical standards defined by SEBI for Registered Investment Advisers.
Integrity and transparency
Fair and ethical treatment
Confidentiality of information
Professional diligence
The advisory process is designed to protect investor interests while maintaining full regulatory compliance.
View Code of Conduct