Terms & Conditions

• Profile:
  • Mobile number should be activated.
  • Profile should be completed with your real name, picture and biography (minimum 50 words).
  • Minimum 50% of the initial 50 Lakh virtual cash i.e. 25 Lakh should be used to trade in minimum 10 stocks.
• Diversification:
  • Do not invest more than 10% of the portfolio in any single stock for diversification.
  • Invest in at least 3 different sectors for diversification.
• Activity:
  • Participants will be rewarded with bonus of .5% gain per day towards monthly contest and 1% gain per month towards yearly contest.
  • Participants must "sign in" minimum 4 times per month on different days to qualify for the monthly prize.
  • Participants must "sign in" minimum once a month to qualify for the "Best Investor of 2012" and final prize.
• Performance:
  Monthly Contest:
  • Investors who beat NIFTY by more than 5% in the month.
  • Investors with track record of more than 15 days.
  Best Investor of the year:
  • Investors who are ahead of NIFTY by more than 10% for the year.
  • Investors with track record of more than 3 months.
• Prize:
  • Same winner is not qualified for more than 1 prize per quarter.
  • Identity proof is required to encash prizes.
• Niveza Rights:
  • Niveza reserves the right to use winner`s name, picture, portfolio and any other information listed on Niveza for publishing or advertising material without any permission.
  • Niveza reserves the right to change terms and conditions or cancel this contest for any reason what so ever.