tiktok³ÉÈË°æ

The Money Management Contract serves as a foundational document for establishing professional financial management services in India. It is essential when an individual or entity engages a professional money manager or financial institution to manage their investment portfolio or financial assets. The document complies with SEBI regulations and Indian contract law, incorporating mandatory disclosures, risk acknowledgments, and operational guidelines. This contract type is particularly important in the current financial landscape where professional money management services are increasingly sought after for both personal and institutional wealth management. It includes comprehensive details about investment strategies, risk management, fee structures, reporting requirements, and regulatory compliance measures, while establishing clear lines of authority and responsibility between the parties involved.

1. Parties: Identification of the money manager and client with complete details as required by KYC norms

2. Background: Context of the agreement and brief description of the money management services to be provided

3. Definitions: Detailed definitions of terms used throughout the agreement

4. Scope of Services: Comprehensive description of money management services, including investment strategies and limitations

5. Appointment and Authority: Formal appointment of the money manager and extent of discretionary powers

6. Investment Objectives and Guidelines: Agreed-upon investment objectives, risk tolerance, and investment restrictions

7. Fees and Expenses: Detailed fee structure, calculation method, and payment terms

8. Representations and Warranties: Standard declarations from both parties regarding their capacity and authority

9. Client Responsibilities: Obligations of the client including information provision and communication requirements

10. Risk Disclosure: Mandatory risk warnings and acknowledgments as per SEBI requirements

11. Confidentiality: Provisions for protecting confidential information of both parties

12. Reporting and Documentation: Requirements for performance reporting, record-keeping, and client communications

13. Term and Termination: Duration of the agreement and conditions for termination

14. Indemnification: Mutual indemnification provisions and liability limitations

15. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes

16. Notices: Process and requirements for formal communications between parties