Disclaimer

Market risk

Mutual fund investments are subject to market risks. Read all scheme related documents carefully before investing. Past performance is not indicative of future results and does not guarantee future returns. The NAV of schemes may go up or down depending on factors and forces affecting the securities market, including fluctuations in interest rates.

Who we are

Prabir Kumar Jana is an AMFI Registered Mutual Fund Distributor and SIF Distributor holding ARN-49170, operating from B-10 Nayabad Avenue, New Garia, Kolkata, West Bengal 700094. Jana Finserv is the trade name under which he carries on that practice.

The registration is personal, not corporate. AMFI issues an ARN to an individual. ARN-49170 is therefore held by Prabir Kumar Jana in his own name. Jana Finserv is a trade name and is not itself separately registered with AMFI or SEBI.

We distribute regular plans of mutual fund schemes. For every investment made through us, we receive commission from the Asset Management Company concerned, paid out of the scheme's expense ratio. You do not pay us a separate fee.

He is also registered with the Association of Portfolio Managers in India (APMI) as a distributor of Portfolio Management Services under APRN10515 (EUIN E20528), valid from 16-09-2026 to 15-09-2029. That registration permits distribution of PMS products only — it does not make us a Portfolio Manager.

What we are not

To avoid any misunderstanding, we state the following plainly:

We are not an Investment Adviser registered under the SEBI (Investment Advisers) Regulations, 2013. We do not provide fee-based investment advice.
We are not a Research Analyst registered under the SEBI (Research Analysts) Regulations, 2014. Nothing on this site is a research report or a recommendation to buy or sell any security.
We are not a Portfolio Manager, a stock broker, a merchant banker, or a bank. We are an APMI registered distributor of Portfolio Management Services (APRN10515); we introduce you to SEBI-registered Portfolio Managers and never manage a portfolio ourselves.
We do not offer any assured return, guaranteed income, capital protection or principal-protected product, and we do not accept deposits from the public.
We do not pool, hold or manage client funds. Every investment is made directly with the AMC, insurer or issuer in the investor's own name.

Nature of the information published here

All content on this website — including pages describing services and products, articles, illustrations, tables and calculator outputs — is provided for general information and investor education only. It is not investment advice, tax advice, legal advice, an offer, an invitation or a solicitation to buy or sell any scheme, security, policy or product.

Nothing here takes into account the specific objectives, financial situation or particular needs of any individual reader. Before acting on anything you read here, please consider whether it is appropriate for your own circumstances, read the relevant scheme information document, key information memorandum, policy wording or offer document, and where appropriate consult a qualified professional.

Calculators and illustrations

The calculators on this website compute results arithmetically from the assumptions you enter. They are illustrations, not projections, forecasts, promises or guarantees.

They assume a constant rate of return, which no market-linked investment delivers in practice.
They exclude exit loads, stamp duty, transaction charges, GST, TDS and income tax, all of which reduce actual outcomes.
They cannot account for the sequence in which returns arrive, which materially affects results during any withdrawal phase.

Actual returns may be significantly higher or lower than any illustration, and may be negative.

Insurance, loans and deposits

Insurance is the subject matter of solicitation. Insurance products are issued and underwritten by the respective insurance companies. Loans are sanctioned and administered by the respective banks and non-banking financial companies. Fixed deposits and bonds are issued by the respective companies, banks and issuers.

In each case, eligibility, premium, interest rate, terms, conditions, exclusions, waiting periods, repayment and claim or maturity settlement are governed entirely by the documents of that provider. Jana Finserv acts only as a distributor or referral point and has no authority over, and accepts no responsibility for, the decisions of any such provider.

Portfolio Management Services

Portfolio Management Services are offered by SEBI-registered Portfolio Managers. Our role is limited to distribution: we introduce you to a Portfolio Manager, help you with the paperwork, and remain available to help you read the reporting.

PMS disclaimer. We act only as an APMI registered distributor (APRN10515, EUIN E20528). We are not a Portfolio Manager, we do not manage portfolios, we do not hold or handle your funds or securities, and we do not assure or guarantee any return. The portfolio management agreement is signed directly between you and the Portfolio Manager, and the securities are held in your own name and your own demat account. PMS carries a SEBI-prescribed minimum investment and market risk, including the risk of loss of principal; a concentrated portfolio can fall considerably harder than a diversified scheme. Past or simulated performance of any Portfolio Manager or strategy is not indicative of future performance. Read the Disclosure Document of the respective Portfolio Manager carefully before investing.

Accuracy and availability

We take reasonable care to keep the information on this website accurate and current, but we do not warrant that it is complete, accurate, up to date or error-free. Regulations, tax rules, scheme terms and product features change, sometimes at short notice.

Market data displayed on this website, including any ticker, index level or news headline, is sourced from third parties, may be delayed, and is provided for general reference only. It must not be relied upon for any transaction decision.

We do not guarantee uninterrupted or error-free availability of this website or of any third-party platform linked from it.

Third-party links

This website links to external websites operated by regulators, asset management companies, registrars, insurers, lenders and technology partners. Those sites are outside our control. We do not endorse, and are not responsible for, their content, security, availability or privacy practices. Please read the terms and privacy policy of any site before you use it.

Limitation of liability

To the fullest extent permitted by law, Jana Finserv, its proprietor and its personnel shall not be liable for any direct, indirect, incidental, consequential or special loss or damage arising from the use of, or inability to use, this website or anything contained in it, or from reliance on any information published here.

Investment decisions are yours. Losses arising from market movements are borne by the investor.

Fraud warning

Jana Finserv will never ask you for your password, PIN, OTP, CVV or net banking credentials. We never accept cash. We never ask you to transfer money to an individual's account, to an employee, or to any account other than that of the AMC, insurer or issuer. If anyone contacts you claiming to represent us and asks for any of these, do not comply — call us immediately on +91 93399 04841.

Governing law

This disclaimer is governed by the laws of India. Any dispute arising in relation to this website shall be subject to the exclusive jurisdiction of the courts at Kolkata, West Bengal.

Last updated: · Jana Finserv · ARN-49170 · APRN10515 · Holder: Prabir Kumar Jana · pkjanaonline@gmail.com · +91 93399 04841
B-10 Nayabad Avenue, New Garia, Kolkata, West Bengal 700094

On this page