A SEBI Registered Investment Adviser is an individual or firm registered with the Securities and Exchange Board of India under the SEBI (Investment Advisers) Regulations, 2013 to give investment advice for a fee. Because they are paid directly by you and not through product commissions, their advice is meant to be in your interest.

Search for the adviser on this page by name, city, state or pin code and check the registration number (it starts with INA) and validity. You can also cross-check the number on the SEBI website. Be careful with anyone who cannot share a valid registration number.

For individual and HUF clients, SEBI caps adviser fees. Under the fixed-fee model the limit is ₹1.51 lakh a year per family, and under the assets-under-advice model it is 2.5% of the assets advised a year. Fees are agreed in writing before advice is given.

A distributor is paid commission by the fund house, which is built into the higher expense ratio of regular plans. An investment adviser charges you a fee directly, cannot earn distribution commission from you, and can recommend lower-cost direct plans.

No. SEBI does not allow investment advisers to promise assured or guaranteed returns. If someone guarantees returns or asks you to share your trading login, treat it as a red flag and report it to SEBI through the SCORES portal.

Both plans of a scheme hold the same portfolio and are run by the same fund manager. A regular plan includes distributor commission in its expense ratio, while a direct plan does not, so a direct plan has a lower expense ratio and a higher NAV over time.

TER is the yearly cost of running a mutual fund, shown as a percentage of the money you have invested. It is deducted from the fund every day, so it reduces your returns without appearing as a separate charge. SEBI sets maximum limits and fund houses publish their TER regularly.

The expense ratio of a regular plan is often 0.5% to 1.5% a year higher than its direct plan. On an investment of ₹10 lakh, a 1% difference is about ₹10,000 every year, and the gap grows as your investment grows. Add your funds above to see your own numbers.

It depends on how much you have invested. Distributor commission grows with your portfolio, while an adviser's fixed fee does not. For larger portfolios, direct plans plus an adviser fee often cost less than regular plans. This calculator compares both options for your funds.

Yes, switching is treated as selling the regular plan and buying the direct plan, so capital gains tax and exit load may apply. Many investors start new SIPs in direct plans first and move older units once they are past the exit-load period or when the tax impact is lower.

A risk profile describes how much investment risk suits you, based on how you react to ups and downs, how much loss your finances can absorb and what your goals need. It helps decide how much of your money should go into growth assets like equity versus steadier ones like debt.

SEBI registered investment advisers must assess your risk profile before recommending any investment.

Risk tolerance is your comfort with seeing the value of your investments fall. Risk capacity is how much loss you can actually afford, based on your income, savings, dependants and time horizon. Risk required is how much risk your goals need to be met.

The quiz asks 8 questions each on tolerance and capacity, and 5 on the risk your goals require.

Each answer carries a score, and the scores give you a band from Very Low to Very High for tolerance, capacity and risk required. The lower of your tolerance and capacity bands is combined with your required band to place you in one of five profiles: Very Conservative, Conservative, Moderate, Aggressive or Very Aggressive.

Each profile comes with an indicative equity and debt range, for example 30% to 60% equity for a Moderate investor. These ranges are common rules of thumb, not regulatory limits.

The quiz will flag a gap. Taking on more risk than you can bear is not the answer, because a large fall could force you to sell at the wrong time. Instead, close the gap by saving more each month, giving your goal more time or scaling the goal back.

It will also point out when your comfort with risk and your ability to take it are far apart, which is worth discussing with an adviser.

Review it at least once a year, and whenever your life changes in a big way, such as a new job, marriage, a child, a large purchase or nearing retirement.

This quiz is a quick self-check. For a full assessment, share your PDF report with a SEBI registered investment adviser, who can look at your complete financial situation.

It depends on how you live. Start from what your household spends today, remove costs that will stop, such as children's school fees or office travel, and add costs that tend to rise, such as health insurance and medicines.

This calculator helps you list every expense, including the ones that come once in a few years, and shows the monthly and yearly average.

Large costs that come once every few years are easy to forget, but they are a real part of retirement spending. A ₹10 lakh car every 7 years works out to about ₹11,900 a month.

Spreading them shows the true monthly cost, and the 10-year chart shows the years when you will need a large amount in one go.

Needs are essentials such as food, bills, maintenance and health care. Wants make life comfortable, such as domestic help, eating out and holidays. Luxuries are nice to have, such as overseas trips or a new car.

Your basic budget covers needs, a comfortable budget adds wants, and a dream budget includes everything. Knowing the split shows what you could trim if your savings fall short.

Prices rise every year, so the same lifestyle costs more in future. At 6% inflation, prices roughly double every 12 years.

Enter the years until you retire to see your monthly budget in the money of that year. Health care costs often rise faster than general inflation, so it is worth planning for a higher rate there.

Your yearly expense is the starting point for working out how large a retirement fund you need and how to invest it so that it lasts.

Save or share the PDF and discuss it with a SEBI registered investment adviser, who can build a plan around your goals and risk profile.

Your entries are saved only in this browser on your device, so they are still there when you come back. Nothing is sent to our server unless you create a PDF, and even then the amounts and the optional name for the PDF are used only to build the file and are not stored.

Use Clear all to remove them.

It is the amount you need on the day you retire to pay for your living expenses for the rest of your life, without a salary. The money stays invested, so it keeps earning while you draw from it each year.

Your monthly expenses today are grown by inflation until you retire. From then on, each year's expenses keep rising with inflation, and the corpus earns the return you enter on whatever is left.

The corpus shown is the amount that pays for every year up to and including your life expectancy age, so with 85 it lasts until the end of age 85, and then runs out. The chart shows how it is used up year by year.

Be conservative. After you retire there is less time to recover from a market fall, so most retirees keep much of their money in safer investments that earn less. Assuming a high return makes the corpus look smaller than you may really need.

If your expected return is lower than inflation, you will need a larger corpus, because your expenses grow faster than your money.

Use a rate a little above headline inflation. Your own costs, especially health care, often rise faster than the average. A higher rate gives a safer estimate. At 7% a year, prices roughly double every 10 years.

Plan for longer than you expect. Many people now live into their late 80s or 90s, and running out of money late in life is the bigger risk. Planning to 85 or 90 is a common, safer choice.

It shows how much you need just to cover essentials, how much more a comfortable life costs, and what everything adds. If you cannot save the full amount, you know which goal is safe first and where you could cut back.

Use the Retirement Expense Calculator to list your expenses and fill in the split here in one click.

This policy explains what information SoloInvestor handles when you use soloinvestor.in, including the adviser search, the cost saving calculator, the risk profile quiz and the retirement expense and corpus calculators, and what we do and do not do with it.

In short: you do not need an account, we do not ask for your contact details, and we do not store your searches or quiz answers. If you allow it, we use Google Analytics to count visits and see which tools are used. SoloInvestor is free to use and is supported by ads served by Google, which uses cookies as explained below.

No. Every tool on SoloInvestor works without signing up or logging in. We do not ask for your name, email address, phone number, PAN or bank details to use the site.

The name, city, state or pin code you enter is sent to our server only to find matching advisers and return the results. Your search is not linked to you and is not saved by the app.

The adviser details you see come from the public register of investment advisers published by SEBI. We do not collect them from you.

No. Only the name of the fund you pick is sent to our server to look up its expense ratios. Any amounts you enter are used for the calculation inside your browser and are not sent to us.

Your answers are sent to our server once, when you finish the quiz, so they can be scored. The result is sent back to your browser and the answers are not stored or logged.

While you are taking the quiz, your progress is kept in your own browser tab so a refresh does not lose it. It is cleared when you finish, start again or close the tab.

No. The name on the risk profile report and the retirement expense report is optional. If you add one, it is used only to print on that PDF and is not stored or logged, not even in your browser.

If you share the report using your device's share option, it goes straight from your device to the app you choose, such as WhatsApp or email, and that app's own privacy terms apply.

The retirement expense and corpus calculators work entirely in your browser. Your ages, amounts, rates, frequency choices and any expenses you add are saved only in your own browser on this device, so they are still there when you come back. They are not sent to us.

If you create a PDF from the expense calculator, the expenses you have filled in are sent to our server once to build the file. They are not stored or logged. To remove your entries, use Clear all on the expense calculator or clear this site's data in your browser.

SoloInvestor's own tools do not need cookies. Two kinds of cookies from Google may be used on the site:

Google Analytics cookies, only if you click Accept on the cookie banner. They help us count visits and see which pages and tools are used. If you click Decline, Google Analytics is not loaded at all. You can change your choice at any time with the Cookie settings link at the bottom of every page.

Advertising cookies, used by Google and its advertising partners to show ads, limit how often you see the same ad and measure how ads perform.

Apart from that, the only things saved in your browser are your cookie choice, your retirement calculator entries, your quiz progress (for that tab only) and whether you turned the quiz sounds on or off.

You can block or delete cookies from your browser settings at any time. The site will keep working, though ads may become less relevant to you.

If you accept analytics cookies, Google Analytics records the pages you visit, how you reached the site (for example from a Google search), your approximate location (city or country), your device and browser type, links you follow to other websites, and a few actions: opening an adviser's details, picking a fund in the cost saving calculator, starting and finishing the risk profile quiz, using the retirement expense calculator and adding your own expense to it, using the retirement corpus calculator, and saving or sharing a PDF report.

It does not receive what you type in the adviser search, the funds, ages or amounts you enter in any calculator, the names of expenses you add, your quiz answers, your risk profile or the name on your report. We see this information only as totals and trends, not as a record of what any one person did.

Google processes this data under its own privacy policy (policies.google.com/privacy). You can also block Google Analytics on every site with Google's opt-out browser add-on (tools.google.com/dlpage/gaoptout).

Google, as a third-party vendor, uses cookies to serve ads on SoloInvestor. Google's advertising cookies let it and its partners show you ads based on your visits to SoloInvestor and other websites.

These ads are chosen by Google, not by SoloInvestor. We never share your adviser searches, fund choices or quiz answers with Google for advertising.

To learn more, see how Google uses information from sites that use its services at policies.google.com/technologies/partner-sites.

You can turn off personalised ads from Google at any time in My Ad Center (myadcenter.google.com). You can also opt out of personalised ads from many other ad companies at www.aboutads.info/choices.

If you opt out, you will still see ads, but they will not be based on your browsing.

Like any website, our hosting server and network providers receive standard technical details needed to deliver pages and keep the site secure, such as your IP address, browser type, the page requested and the time of the request. This is used only to run and protect the site.

Google also receives information from your browser when it loads the site's font from Google Fonts, when it serves ads and, if you accept analytics cookies, through Google Analytics, as described above. Google's own privacy policy applies to that information.

No. We do not sell, rent or trade information about our visitors, and we do not pass your searches, quiz answers or report details to advertisers or anyone else. We do not store them in the first place.

Advertising partners such as Google collect information directly through their own cookies when ads load, as explained above, and handle it under their own privacy policies.

We may disclose limited technical information only if required to do so by law.

SoloInvestor is free for users. It is funded only by ads served by Google, commissions from affiliate links to products, and voluntary donations from users who want to support the site. None of these depend on us collecting, storing or selling your personal information. The only analytics we look at are visit totals and trends from Google Analytics, and only from visitors who accept analytics cookies.

If you click an affiliate link, the partner site may use its own cookies to record that you came from SoloInvestor. If you make a donation, your payment is handled by the payment provider you use, and we receive only what is needed to confirm it.

When you open an adviser's website or send them an email from SoloInvestor, you leave our site. Anything you share with the adviser is between you and them, and is covered by their own privacy practices, not this policy.

The site is served only over an encrypted HTTPS connection, and it is built to collect as little as possible in the first place. While we take reasonable care, no website or internet connection can be guaranteed to be completely secure.

No. SoloInvestor offers information on investing and is intended for adults. We do not knowingly collect personal information from anyone under 18.

We may update this policy when the site changes or new features are added. Any update will be posted on this page with a new effective date, so please check back from time to time.

If you have any questions about this policy or how SoloInvestor handles information, email us at contact@soloinvestor.in.

Please do not send passwords, OTPs, bank details or other sensitive documents by email.

These terms apply to anyone who visits or uses soloinvestor.in, including the adviser search, the cost saving calculator and the risk profile quiz. By using the site you agree to them. If you do not agree, please do not use SoloInvestor.

SoloInvestor is a free set of tools to help investors in India make better-informed choices: a searchable directory of SEBI registered investment advisers, a calculator that compares the cost of regular and direct mutual fund plans, a self-assessment quiz that gives an indicative risk profile, and calculators that estimate your expenses in retirement and the corpus you need to pay for them.

Features may be added, changed or removed at any time without notice.

No. Everything on SoloInvestor is general information and education only. It is not investment, financial, tax or legal advice, and it is not a recommendation to buy, sell or hold any product or to engage any particular adviser.

Before making an investment decision, consult a SEBI registered investment adviser or another qualified professional who can consider your full situation.

No. SoloInvestor is an independent website. It is not run by, affiliated with or endorsed by the Securities and Exchange Board of India (SEBI), any mutual fund house, or any adviser listed on the site.

An adviser appearing in our search results is not a recommendation or a rating. Names of regulators, fund houses and firms are used only to describe the information shown.

SoloInvestor does not charge users anything, and it is not paid by any adviser, mutual fund house, bank or other financial institution to list, rank or promote anyone. This keeps the adviser search, the cost comparison and the risk profile quiz neutral.

The site is supported only by ads served by Google, commissions from affiliate links to products, and voluntary donations from users. Affiliate links never change the order of advisers in search results or the numbers in our calculators, and donating does not unlock any extra features.

No. Ads on SoloInvestor are selected and served by Google, not by us, and showing an ad is not an endorsement or recommendation of the product, service or company advertised.

If an ad offers investment advice, tips or products, check that the provider is registered with SEBI before you engage with them. Any dealings you have with an advertiser are solely between you and them.

Adviser details are taken from SEBI's publicly available register of investment advisers and are updated periodically, so they may not reflect the latest changes such as new registrations, cancellations or updated contact details. Some details, such as phone numbers, may be hidden until the adviser confirms they can be shown.

Always verify an adviser's registration directly on the SEBI website before engaging or paying them.

The cost saving calculator uses published expense ratios and the figures you enter to produce an estimate. Actual costs and returns depend on market movements, fee changes, taxes, exit loads and other factors, so your real outcome will differ.

The retirement expense calculator works only from the amounts you enter and assumes they stay the same, apart from the inflation rate you choose. The retirement corpus calculator also assumes a steady return and inflation every year, which real markets and prices do not follow. Your real expenses and the corpus you need will differ.

The risk profile quiz is a simple self-assessment based on your answers. It gives an indicative result only and is not a substitute for a proper risk assessment done with a SEBI registered investment adviser.

You may use SoloInvestor for your own personal, lawful, non-commercial purposes. You must not copy, scrape or bulk download the adviser directory or other data, use it to send unsolicited messages, try to disrupt or overload the site, or attempt to access parts of it that are not meant to be public.

We may block access for anyone who misuses the site.

SoloInvestor links to adviser websites and email addresses so you can contact them. We do not control those sites or services and are not responsible for their content, offers, fees or privacy practices. Any arrangement you make with an adviser is solely between you and them.

The design, text, calculators, quiz and code of SoloInvestor belong to SoloInvestor. Public data from SEBI and mutual fund disclosures remains subject to the terms of its original source. You may share links to our pages and your own downloaded reports, but you may not republish the site or its content as your own.

No. SoloInvestor is provided free of charge on an "as is" and "as available" basis. We do not promise that the site will always be available, uninterrupted or free of errors, or that any information or result is complete, current or suitable for your purpose.

To the fullest extent permitted by law, SoloInvestor and the people behind it are not liable for any loss or damage, direct or indirect, arising from your use of the site, your reliance on any information or result shown, your dealings with any adviser, or the site being unavailable.

You are responsible for your own financial decisions.

These terms are governed by the laws of India.

Yes. We may update these terms as the site evolves. The updated version will be posted on this page with a new effective date. Continuing to use SoloInvestor after a change means you accept the updated terms.

For any questions about these terms, email us at contact@soloinvestor.in.