Scalifi Wealth Private Limited (referred to as "Company") is a company incorporated under the Companies Act, 2013, CIN: U66190WB2023PTC262838, with a registered office at Shop-8,60, Shyamnagar Road, LP-67/9/6/6, Shyam Nagar Dum Dum, North 24 Parganas - 700055, West Bengal, India. Scalifi Wealth Private Limited is an AMFI Registered ARN Holder Number - 274654. The company operates mobile applications ("App") and websites https://www.infinityapp.in under the brand name Infinity. Infinity is committed to maintaining its website and mobile applications with high ethical standards and appropriate internal controls.

Your visit, use of, or access to our websites https://www.infinityapp.in and mobile applications (collectively referred to as "Services" or "Application") is subject to the following terms; if you do not agree to all of the following, you may not use or access the Services.

Platform Services

You acknowledge that the Platform is a web service and mobile application allowing you to avail services directly from the Company, including products and services, and facilitate communication for such services, and other mutual fund and general investment-related information. The Company grants you a limited, non-exclusive, non-transferable, royalty-free license to use the Platform for availing services from Scalifi Wealth Private Limited (hereinafter referred to as "Platform Services").

Scalifi Wealth Private Limited (Infinity) has partnered with BSEStarMF, a transaction aggregation platform ("Aggregator"), to offer execution services in Mutual Funds. This partnership allows Infinity to facilitate online transactions in selected schemes of Mutual Funds through the Aggregator, accessible via its website (infinityapp.in) and mobile app.

The Aggregator also provides an online payment facility through partnerships with payment service providers. This enables Infinity to facilitate payments for Mutual Fund purchases via various methods like Net Banking, NEFT/RTGS, UPI, and NACH/ACH/E-NACH mandates. Infinity supports payments through the supported banks and payment methods for Mutual Fund transactions via the Aggregator.

Instant Redemption Facility

Infinity has direct arrangements with select Mutual Fund companies to offer an Instant Redemption facility for selected schemes. These arrangements depend on the availability and technological support provided by the Mutual Fund companies.

Performance Disclaimer

Infinity does not make any claims regarding the performance of Mutual Fund schemes and is not liable for any losses incurred by clients from their investment decisions.

Services

The use of the Platform involves:

1. Facilitating subscription and redemption of mutual fund units by transmitting money and instructions to the relevant asset management company ("AMCs") based on your instructions.

2. Maintaining a secure and confidential record of your personal information and financial transactions.

3. Promptly and efficiently responding to your queries regarding your account.

It is emphasized that the Company is not providing mutual fund services but is acting as a platform for users to facilitate transactions in mutual funds.

The Company does not undertake to offer all mutual fund/ETF schemes for investment. The limitation on the number of schemes does not imply any representation regarding the quality, bona fides, or nature of any AMC or mutual fund scheme. The data and information on the Platforms are not advisory in nature, and you are solely responsible for investment decisions. The Company is not liable for any loss or damage arising from or related to these Terms of Use, the use of the Platforms, or investments made using them.

As part of the Platform Services, you agree to provide honest feedback/review about the relevant service. In case of dissatisfaction, you must file a formal complaint with the customer service of the Company before pursuing any other recourse. Complaints can be lodged at support@infinityapp.in, and you agree to cooperate with the customer service team by providing necessary information. The Company's decision on complaints shall be final, and you agree to be bound by it.

Use of the Platform

Subject to compliance with the Terms of Use, the Company hereby grants You a non-exclusive, limited privilege to access and use this Platform. You agree to use the Platform only: (a) for purposes that are permitted by the Terms of Use; and (b) in accordance with any applicable law, regulation or generally accepted practices or guidelines.

Terms of Use

To use the Services, you must agree to and accept all of the Terms. Your usage of the Services indicates your agreement to these Terms, which remain in effect during your use. These Terms include the provisions mentioned below and in the Privacy Policy.

1. You are aware and accept that all information, content, materials, and products on the application are protected and secured.

2. Except for your personal and non-commercial use, you agree not to copy, reproduce, sell, redistribute, publish, enter into a database, display, perform, modify, transmit, license, create derivatives from, transfer, or exploit any part of the information, content, materials, or services available from or through the application.

3. You agree not to use the application for any unlawful or prohibited purpose as per these Terms. Also, you will not use the application in a manner that could damage, disable, or impair it or interfere with any other party’s use, legal rights, or enjoyment of the application.

4. You acknowledge that the software and hardware underlying the application, as well as other Internet-related software required for accessing the application, are the legal property of either Infinity or its respective third-party vendors. Access to the application does not convey any proprietary or ownership rights, and you agree not to attempt to modify, translate, disassemble, decompile, or reverse engineer the software/hardware.

5. Not all products and services offered on this application are available in all geographic areas, and your eligibility may vary. Infinity reserves the right to determine availability and eligibility for any product or service offered on the application.

6. Infinity is not responsible for the availability of content or other services on third-party sites linked from the application. Access to hyperlinks on other internet sites is at your own risk, and content, accuracy, opinions, and links provided by these sites are not verified, monitored, or endorsed by Infinity.

7. Infinity disclaims all warranties, express or implied, including merchantability and fitness for a particular purpose, regarding information, services, or products available, advertised, or sold through these third-party platforms.

8. In the event of a Force Majeure Event (defined below), preventing, hindering, or delaying performance, Infinity shall not be liable for failure to perform obligations under these terms. Its obligations shall be suspended for as long as the Force Majeure event continues. "Force Majeure Event" refers to an event beyond the reasonable control of Infinity.

9. Your use of the services through this application deems your acceptance of the Terms and Conditions, including amended terms and conditions published on the application from time to time.

Transaction Related Conditions

1. Clients agree that all authorized transactions will be processed at the applicable NAV (as defined in the Scheme Information Document of respective Mutual Funds) subject to the receipt of funds and acceptance of the transaction by the Mutual Funds/RTAs.

2.  Clients agree not to hold Infinity liable for any loss resulting from the incorrect NAV applied to their units by the Mutual Fund.

3.  Funds debited from clients’ bank accounts will be collected in a settlement pool account provided by the Aggregator, and then transferred to the respective Mutual Funds. There may be a time lag between debiting and transferring the money.

4. The units of the schemes will be allotted, redeemed, or switched at the NAV prevalent on the transaction request date if placed before the cut-off time.

5.  Transaction requests placed on a non-business day or after the cut-off time will be processed on the next working day with the respective NAV as per the Mutual Fund's Scheme Information Document.

6. For the purchase of mutual fund units (except liquid schemes), the closing NAV of the business day when funds are available before the cut-off will apply.

7. Mutual Fund purchase transactions will be allotted a folio number by the Mutual Fund. Clients can directly access their transaction account statements electronically from the AMC website and receive Account Statements from the AMCs/RTAs.

8. Redemption proceeds and dividend payouts will be credited to the default bank account provided by the client during their first purchase in that Mutual Fund folio.

9. Clients can directly access and transact with the Mutual Fund/AMC without routing transactions through Infinity.

10. Clients agree that there may be a time lag between transaction completion and updating records in Infinity’s system.

11. Variances in values may occur due to delayed data feeds, transmission losses, or electronic fund transfers, for which Infinity will not be liable.

Transaction Failures and Rejections

1. Clients agree to provide accurate instructions for Mutual Fund transactions. Errors can lead to delays or rejection of transactions. For example, payments from a non-joint account for a joint folio purchase will be rejected.

2. Infinity is not responsible for non-execution or rejection of transactions due to insufficient funds or insufficient units for sell/switch transactions.

3. If the number of units requested for redemption is greater than those held, the Mutual Fund/AMC may reject or partially process the request.

4. Payments for transactions are facilitated through a payment gateway, and Infinity is not liable for any failures or fraud during the process. Clients should inform Infinity if their bank account is debited without corresponding units being allotted after 3 business days.

5. In case of purchase request rejection by the Aggregator, a refund will be processed within 7 business days. If rejected by a Mutual Fund, the refund will be processed within 7 business days after the Aggregator receives funds from the Mutual Fund.

6. Infinity is not responsible for delays or rejections by the Mutual Fund/AMC. Clients will be informed within 2 business days of such rejections. Resolution depends on third parties involved.

Eligibility to Use

By accepting the Terms of Use, You hereby represent that:

1. Age Requirement:

   1. You must be 18 years of age or older to use the services.

   2. If acting as a Guardian for a minor, you need the necessary authority to register on behalf of the minor.

   3. If we learn that personal information has been collected from a person under 18, we will promptly delete that information. Report any such cases to support@infinityapp.in.

2. Legal Capacity:

   1. You must be of legal age to form a binding contract and not barred from receiving Platform Services under applicable laws.

   2. The Company reserves the right to refuse access to new users and those suspended or removed.

3. Agreement to Terms:

   1. You agree to abide by the Terms of Use, offer documents, investor application form, Risk Disclosure documents, and other provided information for Platform Services.

4. Source of Invested Money:

   1. Money invested must be from your legitimate bank account.

   2. Joint accounts require funds from the primary holder's bank account.

5. Account Restrictions:

   1. Prohibited from selling, trading, or transferring your account to another party.

   2. Impersonation for account creation is not allowed.

6. Informed Investment Decision:

   1. You commit to making informed, independent investment decisions by reading the offer documents of the mutual fund schemes you invest in.

   2. Prior to investing, seek professional advice if needed.

7. Communication Consent:

   1. Infinity may contact you via phone, email, SMS, or other electronic communication.

   2. Opt-out of communications by contacting support@infinityapp.in. Account deletion is possible by writing to the same email.

8. Privacy Policy Acknowledgment:

   1. You have read and understood the Privacy Policy on the website and mobile applications of Infinity.

   2. The information provided during registration is accurate.

   3. Contact support@infinityapp.in for any changes or deletions to your inaccessible or incorrect information.

Terms and Conditions in case of a service being provided through its affiliate or partners

1. You acknowledge and agree that the Company acts as the Merchant/Service Provider’s agent for the limited purpose of collecting interest from you on behalf of the Merchant/Service Provider and sharing your contact details with the Merchant/ Service Provider.

2. The prices/ fees reflected on the Merchant/Service Provider’s Website are determined solely by the Merchant/Service Provider. Prices/ fees may change and such changes of price are at the sole discretion of the Merchant/Service Provider and beyond the Company’s control.

3. The Merchant/Service Provider shall be solely responsible for any warranty and or guarantee of the service provided and in no event shall it be the responsibility of the Company.

4. The transaction is bilateral between the Merchant/Service Provider and the user and therefore, the Company will not be liable to charge or deposit any taxes applicable on such transaction.

Ownership and Intellectual Property

1. The Platform, along with all its content, materials, and products, is owned and controlled by the Company.

2. Content, including text, photos, graphics, video, audio, and code, is protected by copyright, patent, trademark laws, and other intellectual property rights either owned by the Company or third parties with appropriate permissions.

3. Trademarks, logos, and service marks ("Marks") displayed on the Platform are the property of the Company, its affiliates, or respective third parties. Unauthorized use of Marks is prohibited without express written consent.

Disclaimer of Warranties and Limitation of Liability

1. The Platform and its content are provided "as is" without warranties, whether express, implied, statutory, or otherwise.

2. The Company makes no guarantee that the Platform or its services will meet requirements, be uninterrupted, timely, secure, error-free, or that results obtained will be accurate.

3. The Company disclaims liability related to user Content, intellectual property rights, libel, privacy, or any misuse, loss, modification, or unavailability of user Content.

4. The Company is not liable for any loss due to unauthorized use of accounts or account information.

5. While efforts are made to ensure information accuracy, the Company does not warrant the quality, accuracy, or completeness of data or information.

6. The Company is not responsible for delays, unavailability during maintenance, unplanned access suspension, or any issues beyond its control.

7. Users bear sole responsibility for material downloaded through the Platform, acknowledging the risk of potential damage or data loss.

Third-Party Links and Transactions

1. The Company is not responsible for third-party site content or services linked from the Platform.

2. Users are encouraged to read the terms of use of third-party sites before accessing or registering.

3. The Company is not liable for transaction failures or errors on the Platform.

Additionally, you agree not to dispute or hold the Company accountable for

1. Any action that is not an obligation as per the Terms of Use.

2. Disclosures made to any statutory body under applicable laws.

3. Any loss, whether notional or otherwise, incurred due to delays at the bank, BSE Star mutual fund, registrar and transfer agency, and/or the AMC.

4. Rejection of your instructions by the bank, BSE Star MF, registrar and transfer agency, and/or AMC.

5. Processing of instructions authenticated by your login credentials, non-availability, or non-accessibility of the Platform, telephone(s), or office(s) of the Company in cases of circumstances beyond the Company's control.

You agree not to indemnify the Company, its directors, and employees against any losses, damages, penalties, claims, costs, and demands (including reasonable attorney fees and legal costs) resulting from a breach or non-performance of duties and obligations, misrepresentations, warranties, and covenants under the Terms of Use, or due to your acts or omissions. Additionally, you undertake to absolve the Company from any claims made by third parties related to your use of the Platform, any misrepresentation of data or information provided by you, your violation of the Terms of Use, or infringement of another party's rights, including intellectual property rights. Under no circumstances shall the Company, its officers, partners, consultants, agents, and employees be liable to you or any third party for any special, incidental, indirect, consequential, or punitive damages arising from or connected to your use of or access to the Platform or Content on the Platform. These limitations and exclusions in the Terms of Use apply to the maximum extent permitted by applicable laws.

You affirm that all details and information provided to the Company on this Platform, especially for conducting investments, are accurate, correct, and authentic. You also assure that sharing such details/information on the Platform does not violate any third-party rights or intellectual property rights.

Additionally, you acknowledge the ability to create a pool or selection of mutual funds ("Portfolio") on the Platform, whether for subscription or personal analysis.

You bear sole responsibility for any investment decisions based on the Portfolio created using this Platform or the system-generated analysis. The Company disclaims liability for any loss or damage incurred by you or other Platform users due to such investment decisions or reliance on them. The Company explicitly disclaims the accuracy and correctness of the analysis or data generated during the creation of such Portfolios.

User Account, Password and Security

To utilize the Platform Services and access your account ("Account") on the Platform, you must register by providing various details, including but not limited to your mobile number, mother's name, father's name, email address, password, date of birth, gender, Permanent Account Number (PAN), signature, marital status, nominee details, cancelled cheque, photograph, video recording, etc., as required by the Company. Account activation occurs upon the Company's KYC verification based on the information provided, aligned with the Know Your Client ("KYC") guidelines issued by the Securities and Exchange Board of India ("SEBI").

For payment processing related to the Platform Services, you may be asked for financial information such as billing address, bank account details, credit card number, expiration date, or other payment-related details. The Company might request additional information on a case-by-case basis. You are responsible for ensuring that your Account information is complete, accurate, and up-to-date. If there are any changes, you must promptly update the information on the Platform. Providing untrue, inaccurate, or incomplete information gives the Company the right to suspend or terminate your Account and deny current or future use of the Platform.

Maintaining the confidentiality of your Account information is your responsibility, and you are fully accountable for all activities under your Account. You agree to keep your login credentials secure, promptly update them, and notify the Company immediately in case of any actual or suspected unauthorized Account use. The Company is not liable for any loss or damage resulting from your failure to comply with these measures, and you may be held responsible for losses incurred by the Company or other Platform users due to unauthorized Account use.

SEBI Caution

Investment in the securities market (including mutual fund investments) are subject to market risks, please read all investments, offer, and scheme-related documents carefully, before investing. For the purposes of these Terms of Use, the term “Offer Document(s)” shall refer to a collective term for Offer Document, Scheme Information Document, Statement of Additional Information, Key Information Memorandum, issued by the Asset Management Company that manages the mutual fund.

You acknowledge that any violation of these Terms of Use by you will be deemed an unfair and unlawful business practice, causing irreparable harm to the Company. Monetary damages would be insufficient to address this harm, and you hereby consent to the Company seeking injunctive or equitable relief they consider necessary or appropriate in such situations. These remedies are supplementary to any other legal or equitable remedies available to the Company. In the event the Company initiates legal action against you for violating these Terms of Use, you agree to cover all reasonable attorneys' fees and costs associated with such action, along with any other granted relief.

Suspension and Termination

The Terms of Use will remain in effect until either you or the Company decides to terminate them, following the conditions outlined below. If you disagree with the Terms of Use or are unsatisfied with the Platform, your options are to (i) close your Account on the Platform, and/or (ii) cease accessing the Platform. If you violate these Terms of Use or any applicable law, the Company reserves the right, at its sole discretion, to terminate your Account and/or restrict your access to the Platform and/or Platform Services.

The Company retains the authority to delist, block future access, suspend, or terminate your Account if it believes, at its sole and absolute discretion, that you have infringed, breached, violated, abused, or unethically manipulated any term of these Terms of Use or acted unethically in any way. These Terms of Use will persist indefinitely unless the Company decides to terminate them. If either you or the Company terminates your use of the Platform, the Company may delete any Content or other materials related to you, and the Company holds no liability to you or any third party for such actions. However, transaction details may be retained by the Company for tax or regulatory compliance purposes. The Company reserves the right to modify these terms at any time.

General Provisions

1. Notice: The Company will deliver all notices via email to your registered email address or through general notifications on the Platform. Any notice you need to provide to the Company under the Terms of Use should be sent to support@infinityapp.in with the subject line "Attention: TERMS OF USE."

2. Assignment: You are not allowed to assign or transfer the Terms of Use, or any rights granted hereunder, to any third party. The Company, however, has the freedom to transfer its rights under the Terms of Use to any third party without seeking your consent.

3. Severability: If any provision of the Terms of Use, or any portion thereof, is found by a court of competent jurisdiction to be unenforceable, the court should enforce that provision to the maximum extent permissible to reflect the intent of the parties. The remainder of the Terms of Use will continue in full force and effect.

4. Waiver: The Company's failure to enforce or exercise any provision of the Terms of Use, or any related right, does not constitute a waiver of that provision or right.

IP Infringement

If You believe the Platform violates Your intellectual property, You must promptly notify the Company in writing at support@infinityapp.in. These notifications should only be submitted by the owner of the intellectual property or an agent authorized to act on his/her behalf. However, any false claim by You may result in the termination of Your access to the Platform. You are required to provide the following details in Your notice:

1. the intellectual property that You believe is being infringed;

2. the item that You think is infringing and include sufficient information about where the material is located on the Platform;

3. a statement that You believe in good faith that the item You have identified as infringing is not authorized by the intellectual property owner, its agent, or the law to be used in connection with the Platform;

4. Your contact details, such as Your address, telephone number, and/or email;

5. a statement that the information You provided in Your notice is accurate, and that You are the intellectual property owner or an agent authorized to act on behalf of the intellectual property owner whose intellectual property is being infringed; and

6. Your physical or electronic signature.

Confidentiality

You recognize that throughout your association with Infinity and the utilization of the Services, you may come across information related to the Services and/or Infinity ("Proprietary Information"). This Proprietary Information exclusively belongs to Infinity and encompasses, but is not limited to, the features and operational methods of the Services, trade secrets, know-how, inventions (regardless of patentability), techniques, processes, programs, ideas, algorithms, schematics, testing procedures, software design and architecture, computer code, internal documentation, design and function specifications, product requirements, problem reports, analysis and performance information, benchmarks, software documents, and other technical, business, product, plans, and data. In connection with this Proprietary Information:

1. You shall not utilize (except as explicitly authorized by this Agreement) or reveal Proprietary Information without the prior written consent of Infinity, unless such Proprietary Information becomes publicly available without any violation of this Agreement by you.

2. You agree to implement reasonable measures to preserve the confidentiality of the Proprietary Information and Services.