Compliance & Legal

Disclosures, Policies and
Investor Information.

Aayush Badade is a SEBI Registered Research Analyst, Registration No. INH000027229. Everything a client or visitor is entitled to know about this research practice — how it is registered, how research is prepared, how your data is handled, and how to raise a complaint.

Document version 1.0 · In force from 20 July 2026. Revision history is set out at the end of this page. Any change to a voluntary clause is notified 15 days in advance.

Registration Details

Name of Research AnalystAayush Badade
Type of registrationIndividual — Research Analyst
SEBI Registration NumberINH000027229
Date of registration18 May 2026
Validity of registrationPerpetual, unless suspended or cancelled by SEBI
BSE Enlistment Number7331
Registered office304 Vaity Villa, Gokhale Road, Opp. Mulund Railway Station, Mulund (E), Greater Mumbai M Corp, Mumbai, Maharashtra 400081
Website owned by the Research Analystmoneyworkx.in
Client contact+91 90048 50295 (enquiries, service delivery, WhatsApp)
Compliance & grievance contactAayush Badade · +91 84336 57330 · aayush.badade@gmail.com · Mon–Fri, 9:30 am – 6:00 pm
Websites and digital platforms usedmoneyworkx.in (owned) · research.moneyworkx.in (client onboarding) · this website · WhatsApp on the client contact number · LinkedIn profile of the Research Analyst. No other channel is operated, and no recommendation is issued through any channel not listed here.
FIU-IND Registration NumberApplication filed with the Financial Intelligence Unit — India in July 2026. Status as at 25 August 2026: allotment awaited. This entry is reviewed monthly and the number will be published here on allotment.
SEBI office addressOffice of Investor Assistance and Education, Securities and Exchange Board of India, SEBI Bhavan, Plot No. C4-A, ‘G’ Block, Bandra-Kurla Complex, Bandra (E), Mumbai 400051

The licence granted by SEBI, enlistment with the Research Analyst Administration and Supervisory Body, and certification from NISM in no way guarantee the performance of the Research Analyst, nor provide any assurance of returns to investors. To verify this registration, see the SEBI list of registered Research Analysts.

Disclaimer

Aayush Badade, Individual, is a SEBI registered Research Analyst holding Registration No. INH000027229 under the SEBI (Research Analysts) Regulations, 2014. The Research Analyst owns the website moneyworkx.in and makes research-based recommendations on opportunities in the Indian equity market for the short and long term.

For complaints, write to aayush.badade@gmail.com. If unresolved within 21 days, you may lodge a complaint on the SEBI SCORES portal (scores.sebi.gov.in) or write to SEBI Bhavan, Mumbai 400051.

Last updated: 25 August 2026 (version 1.1)

Disclosure Document

The particulars given in this Disclosure Document have been prepared in accordance with the SEBI (Research Analyst) Regulations, 2014. The purpose of the document is to provide essential information about the research and recommendation services, in a manner that assists a prospective client in making an informed decision before engaging those services.

For the purpose of this Disclosure Document, the Research Analyst is Aayush Badade, Individual (hereinafter referred to as the “Research Analyst”).

History, present business and background

The Research Analyst is registered with SEBI as Aayush Badade, Individual, with Registration No. INH000027229. Registration was granted on 18 May 2026, and the Research Analyst is engaged in research and recommendation services. The focus is to provide research and recommendation services to clients, aligning the Analyst's interests with those of the client and providing the best suited services.

Terms and conditions of research and recommendation services

The terms and conditions of the research and recommendation services are set out in the terms and conditions document and the Most Important Terms and Conditions, both of which are shared in writing with every prospective client before onboarding and before any payment is taken. The Most Important Terms and Conditions are reproduced in full on this page. A copy of the complete terms and conditions document may be requested at any time, before or after onboarding, by writing to aayush.badade@gmail.com, and is provided within 3 working days.

Disciplinary history

There are no pending material litigations or legal proceedings, findings of inspections or investigations for which action has been taken or initiated by any regulatory authority against the Research Analyst, or associates, or relatives.

Details of associates

The Research Analyst has no associates as defined under the SEBI (Research Analysts) Regulations, 2014. The disclosures below are therefore made in respect of the Research Analyst and, where applicable, relatives. References to associates are retained in the prescribed form and are to be read as returning a nil position.

Disclosures with respect to research and recommendation services

Last updated: 25 August 2026 (version 1.1)

Research Methodology

Every research note is prepared through the same repeatable process, so a client can always see how a view was arrived at, not just what the view is.

1. Market structure analysis

The broader trend, key structural levels and market context are identified across multiple timeframes before any instrument is considered.

2. Technical and price action study

Candlestick structure, price action and multi-timeframe confirmation are studied. Indicators, where used, are secondary to what price itself is showing.

3. Risk framework definition

Entry, invalidation and exit levels are defined before publication, along with the risk-to-reward the idea offers. An idea without a defined invalidation level is not published.

4. Documentation and disclosure

The rationale, levels and applicable disclosures are documented with the note and retained as a record.

5. Communication of research

Research is communicated with its reasoning attached, through the subscribed channel only, so that a client can evaluate it rather than follow it blindly.

6. Review and learning

Closed ideas are reviewed against the original rationale, and the review feeds back into the framework.

Risk factors specific to this research

Investor Charter in respect of Research Analysts

Annexure A, as prescribed by SEBI.

A. Vision and mission statements for investors

Vision: Invest with knowledge & safety.

Mission: Every investor should be able to invest in the right investment products based on their needs, manage and monitor them to meet their goals, access reports and enjoy financial wellness.

B. Details of business transacted by the Research Analyst with respect to investors

C. Details of services provided to investors

D. Details of grievance redressal mechanism and how to access it

E. Rights of investors

F. Expectations from investors

Do's: always deal with a SEBI registered Research Analyst and verify the registration on the SEBI registered list; pay attention to disclosures in research reports; pay via banking channels and maintain receipts, preferring CeFCoM where available; verify recommendations before buying or selling securities or applying in public offers; ask questions and clear doubts, especially for complex or high-risk products; know that you can stop services or give feedback at any time; report promises of assured returns to SEBI.

Don'ts: do not provide funds to the Research Analyst for investments; do not fall for luring advertisements, rumours or limited-period offers; never share login credentials for trading, demat or bank accounts.

Most Important Terms and Conditions (MITC)

Scope of Services and What Is Not Offered

Aayush Badade is a SEBI Registered Research Analyst — not an Investment Adviser, not a broker, and not a distributor. Content on this website and on any associated social, digital or messaging platform is provided for information purposes only. It does not constitute personalised investment advice and does not take into account the financial situation, objectives or risk appetite of any specific investor.

Fees and Payment

KYC and Client Onboarding

  1. Enquiry. A prospective client makes contact, and the service, its scope, its risks and its fee are explained before anything is paid.
  2. Risk disclosure and acknowledgement. The risk character of the service — including, for intraday and derivative research, the high risk of capital loss — is set out in writing, and the client records a written acknowledgement of having read it. No suitability assessment, risk profiling or personalised advice is carried out: those are Investment Adviser functions and are outside the scope of a Research Analyst registration. Where a prospective client describes an objective that a research service cannot serve, the service is declined rather than sold.
  3. MITC and terms. The Most Important Terms and Conditions, the disclosure document and the Investor Charter are shared, and consent is recorded before the service begins.
  4. KYC. Name, mobile number, email, address, PAN and date of birth are collected and verified against the existing KYC record held with a SEBI-registered KRA. This verifies an existing KYC record; it does not create a new one.
  5. Fee payment and activation. The account is activated only after KYC verification and receipt of fees through banking channels.
  6. Records. Terms, consent, KYC status and client communications are retained for the period required under the SEBI (Research Analysts) Regulations.

Login credentials, passwords and OTPs for your trading, demat or bank accounts are never asked for and must never be shared with anyone, including this practice. Funds must never be transferred to the Research Analyst for investment.

Use of Artificial Intelligence

This disclosure is made under the SEBI (Research Analysts) Regulations, 2014 as amended, which require a Research Analyst to disclose the extent to which artificial intelligence tools are used in providing research services.

Refund Policy

All sales are final, and I do not offer refunds for the paid period of services already availed by the client. Complaints or dissatisfaction regarding the quality of services during the paid period shall not entitle the client to any refund or compensation.

As per SEBI guidelines, if a client requests to cancel the subscription, a refund shall only be issued for the unused portion of the subscription period. The refund will be calculated on a pro-rata basis, deducting the charges for the services already availed, including applicable taxes and administrative fees.

Refunds will not be provided for the period of services already availed, irrespective of the client’s satisfaction with the recommendations or the outcome of trades.

Investment in securities markets are subject to market risks. Profits and losses incurred due to the use of my recommendations are solely the responsibility of the client.

By subscribing to my services and making payment, the client acknowledges that they have read, understood, and agreed to the refund policy, as well as the disclaimer, disclosure, and other terms mentioned on my website.

For any questions or assistance regarding my refund policy, please contact us at:
Phone: +91-8433657330
Email: aayush.badade@gmail.com

Privacy Policy and Data Protection

This policy is issued under the Digital Personal Data Protection Act, 2023 and the record-keeping obligations of the SEBI (Research Analysts) Regulations, 2014.

Who is responsible for your data

Data Fiduciary: Aayush Badade, individual SEBI Registered Research Analyst, Reg. No. INH000027229, 304 Vaity Villa, Gokhale Road, Opp. Mulund Railway Station, Mulund (E), Greater Mumbai M Corp, Mumbai, Maharashtra 400081.

Grievance contact for data protection: Aayush Badade · aayush.badade@gmail.com · +91 84336 57330 · Mon–Fri, 9:30 am – 6:00 pm. Data protection grievances are acknowledged within 3 working days and resolved within 21 days.

What is collected, and why

CategoryPurposeBasis
Name, email address, mobile numberTo identify you, respond to enquiries, and deliver research to the subscribed channelYour consent, given at enquiry or onboarding
PAN, date of birth, address (fee-paying clients only)To verify your existing KYC record with a SEBI-registered KRA, as required before onboardingLegal obligation under the Regulations
Payment reference and invoice detailsTo raise invoices, confirm receipt of fees and maintain financial recordsLegal obligation
Correspondence, including WhatsApp, email and website chat exchanges with clients and prospective clientsTo maintain the record of client interactions the Regulations require, and to handle grievancesLegal obligation
Written risk acknowledgement and consent recordsTo evidence that terms and risk disclosures were provided and acceptedLegal obligation

No trading account credentials, demat details, OTPs or passwords are ever collected, and they must never be shared with anyone, including this practice. No data is collected from anyone known to be under 18, and services are not offered to minors.

Who processes it on our behalf

Processors act only on instructions and may not use your data for their own purposes. Data is never sold, rented, traded or shared for anyone else’s marketing.

Storage in your own browser

This website sets no advertising cookies. Apart from the live chat provider described above, which sets its own cookies to run the chat window, it writes one entry to your browser’s local storage — a flag recording that the investor disclaimer has been acknowledged, so that it is not shown again on the same browser. That flag stays on your device, is not transmitted anywhere, and can be cleared at any time through your browser settings.

How long it is kept

Records relating to research services, client interactions, KYC verification, consent and fees are retained for five years from the end of the relationship or the date of the record, as required under the SEBI (Research Analysts) Regulations, 2014, and are securely deleted after that period unless a longer retention is directed by a regulator, a statutory authority or a court, or is required for pending proceedings. Enquiry correspondence from prospective clients who do not onboard is retained on the same basis, since the Regulations require records of interactions with prospective clients.

Your rights

Requests should be sent from your registered email address and are answered within 21 days.

Security

Access to client records is restricted to the Research Analyst. Communications are sent over channels using transport encryption, devices holding client records are access-controlled, and the security of client data remains the responsibility of the Research Analyst irrespective of any processor used. In the event of a personal data breach, affected individuals and the Data Protection Board of India are notified as required under the Act.

Grievance Redressal Mechanism

Clients may write to the support platform of the SEBI registered Research Analyst at aayush.badade@gmail.com for redressing their grievances. All grievances are acknowledged within 3 working days and resolved immediately, and in any case not later than 21 days from the date of receipt.

DesignationContact personAddressContact no.EmailWorking hours
Research Analyst / Compliance Aayush Badade 304 Vaity Villa, Gokhale Road, Opp. Mulund Railway Station, Mulund (E), Greater Mumbai M Corp, Mumbai, Maharashtra 400081 +91 84336 57330 aayush.badade@gmail.com Mon–Fri, 9:30 am – 6:00 pm

The details above allow a complainant to approach the Research Analyst before filing a complaint with SEBI.

Escalation

Suggestions may also be emailed to aayush.badade@gmail.com.

Last updated: 25 August 2026 (version 1.1)

SCORES / Complaint Summary

Received fromPending last monthReceivedResolvedTotal pendingPending > 3 monthsAvg. resolution time
Directly from investors00000—
SEBI SCORES00000—
Other sources00000—
Grand total00000—

Trend of monthly disposal of complaints

MonthCarried forward from previous monthReceivedResolvedPending
May 2026 (from 18 May, date of registration)0000
June 20260000
July 20260000
August 2026 (to 24 August)0000
Grand total0000

Trend of annual disposal of complaints

YearCarried forward from previous yearReceivedResolvedPending
2026-27 (from 18 May 2026, date of registration)0000
Grand total0000

Registration was granted on 18 May 2026, so no data exists for any period before that date. The summary table above reflects the position as at 24 August 2026. All three tables are updated within 7 days of the end of every month; the August 2026 row is an in-month position and is finalised in the update published in the first week of September 2026.

Last updated: 25 August 2026 (version 1.1)

Accessibility Statement

This practice intends its research and compliance information to be usable by everyone, regardless of ability. Accessibility is treated as part of the service rather than an afterthought.

What has been built into the site

Conformance status and known limitations

The target is WCAG 2.1 Level AA. This site has not been independently audited, and no claim of full conformance is made. Assessment to date has been by internal review using automated scanning together with keyboard and screen-reader checks; the most recent review was on 25 August 2026. Issues are remediated as they are identified. Content served by third parties, including web fonts, is outside direct control.

Feedback

If you have difficulty with any part of this website, write to aayush.badade@gmail.com or call +91 84336 57330. Barriers are fixed as quickly as they can be, and in the meantime the information you were trying to reach is provided in an alternative format on request.

Revision History

VersionIn force fromSummary of change
1.020 July 2026First publication following registration on 18 May 2026.

Any change to a voluntary clause forming part of these terms is preceded by 15 days’ notice to clients. Changes required by law, by SEBI or by RAASB take effect as directed and are recorded here.