Quick Summary
Public reviews for Ayushi Chauksey are genuinely thin for an adviser active since 2018, her Kandivali West, Mumbai office shows just 2 Google reviews averaging 2.5 stars, and one X post has criticised her content’s practical value for average investors. Her firm’s own disclosure shows zero complaints for October 2025, an unusual contrast set against her documented SEBI enforcement history covered elsewhere. This blog covers exactly what’s publicly available, the current complaint data, and the full step-by-step process to file a complaint if you’ve experienced fee, risk-profiling, or documentation issues yourself.
Before subscribing to any advisory service, checking what other people actually say about it matters as much as checking a registration number.
For Ayushi Chauksey, that check turns up something worth being upfront about: the public review record is unusually thin, and what little exists sits in real tension with her documented regulatory history.
This page covers exactly what’s publicly available, her current complaint disclosure, and the full process to file a complaint of your own if you’ve run into similar issues.
Is Ayushi Chauksey Genuine?
Ayushi Chauksey runs Ayushi Chauksey Adviser Private Limited from Mumbai, offering advisory products including Quant Matrix, Wealth Matrix, and Portfolio Review Services.
Reviews and public data here paint a picture with real tension built into it. Four specific points are worth walking through carefully, one at a time.
1. Verified Dual SEBI Registration
Her firm holds both an Investment Adviser and a Research Analyst registration from SEBI, two separate licences that each require independent qualification, ongoing compliance audits, and regular regulatory filings.
Holding both simultaneously indicates a degree of regulatory engagement that most advisory firms in this space don’t maintain at all.
The BSE enlistment under number 2224 adds a further, distinct layer of oversight beyond SEBI’s own registration requirements, a third body with its own visibility into how the firm operates.
For her full background, both current SEBI registrations, the critical distinction between her current registration and the one SEBI actually took action against, and the complete violation-by-violation breakdown of that enforcement record, that ground is covered in full on our Ayushi Chauksey adviser profile.
2. Transparent, But Unusually Clean, Complaint Data
The firm publicly discloses its complaint data, exactly as SEBI mandates every registered adviser to do.
For October 2025, the disclosure shows zero complaints received, zero pending, and zero unresolved from any source; this covers both direct investor complaints and anything routed through SEBI’s own SCORES platform.
Taken entirely on its own, that’s a genuine compliance positive worth crediting. But it’s worth reading this figure alongside, not instead of, the documented enforcement history covered in full on our adviser page.
A single clean month doesn’t erase a multi-year violation record, and a complete absence of any complaints at all, for a firm with that specific history, is worth noting as unusual rather than simply reassuring on its own.
3. Very Limited Public Reviews
Public reviews for Ayushi Chauksey are strikingly scarce for a firm that’s been publicly active since at least 2018.
The Google listing for her Kandivali West, Mumbai office currently shows only 2 reviews, averaging 2.5 stars.
That’s an unusually thin public record given the structured product suite she offers and her genuinely active social media presence across three separate platforms.
For anyone trying to do independent due diligence before subscribing, that scarcity is itself a real obstacle; there simply isn’t much publicly written experience to check her marketing claims against.
4. Critical Public Sentiment on Social Media
On X, a user identified only by the handle Moha241 criticised the firm’s content directly, describing it as unhelpful for average investors and suggesting it focused more on regulatory positioning, presenting herself as compliant and credentialed, than on delivering genuine investor value.
This is one user’s opinion, not a documented pattern across many voices, and it should be weighed as exactly that, a single data point rather than a trend.
But alongside the thin review count above, it’s one of the very few pieces of independent public sentiment that exist at all for this firm, which is precisely why it’s worth including here rather than leaving it out.
What to Know Before Filing a Complaint?
Before you file anything, understand clearly which grounds actually apply to your specific situation, since a well-grounded complaint moves through the system significantly faster than a vague one.
- Excessive fees. SEBI caps Investment Adviser fees at ₹1.25 lakh per year per family, or 2.5% of AUA, whichever framework applies. The 2019 inspection covered on our adviser page found charges reaching 28–42% of invested capital for some clients, well beyond either limit.
- Unsuitable advice. SEBI’s inspection specifically found moderate-risk clients placed directly into high-risk Level 3 Stock Futures, despite clear suitability concerns that should have prevented that recommendation entirely.
- A missing risk profile. IA Regulations require a signed risk profile before any advice is ever given. An unsigned profile, or one never delivered back to you, is independently reportable on its own, separate from whatever advice followed it.
- Advice given during a certification lapse. Her NISM certifications lapsed for a documented three-year stretch between 2018 and 2021, a period during which advisory services allegedly continued regardless of that gap.
Beyond these four specific grounds, it’s always worth verifying NISM certification validity directly through the NISM website before paying any adviser, and checking SEBI’s enforcement database before engaging with anyone at all, registered or not.
How to File a Complaint Against Ayushi Chauksey?
Each step here builds directly on the one before it, and following this sequence in order genuinely strengthens your case rather than just being a formality to move through quickly.
1. Document Everything First
Collect every payment receipt, bank record, subscription confirmation, WhatsApp and Telegram message, and any social media claim made by her or her team.
Formally request your signed risk profile, suitability assessment, and the written rationale behind any advice given. If the firm fails to produce these on request, that failure is itself a separately reportable violation, not just a frustrating gap.
Write down, in plain factual language, exactly what happened: what was promised, what you paid, and what followed. A clear, dated account serves regulators far better than a general complaint about feeling misled.
2. Send a Formal Written Complaint to the Firm
Write a structured complaint to her designated grievance officer, stating the specific problem clearly: excessive fees, unsuitable recommendations, missing documentation, or an unsigned risk profile, whichever applies.
Give the firm 21 days to respond, and keep copies of absolutely everything you send and receive back. This step creates the formal grievance record that every regulatory escalation channel afterward will expect to see.
3. File a Complaint on SEBI SCORES
If the firm doesn’t resolve things within that window, file through the SEBI SCORES portal, selecting “Investment Adviser” as the intermediary category, entering the specific registration number involved, and attaching your complete evidence trail rather than a summary of it.
4. Escalate to SMART ODR
If SCORES doesn’t produce a resolution, move the matter to SMART ODR login, a structured conciliation process built specifically for investor-intermediary disputes.
It’s meaningfully faster than full adjudication and remains supervised by the regulator throughout the process.
5. Pursue Arbitration Through BSE
If unsuitable recommendations or fee violations caused you measurable financial loss, formal stock market arbitration through BSE, where her firm holds enlistment number 2224, remains your final available option.
Arbitration delivers a genuinely binding decision and can cover compensation for losses caused specifically by advice that violated SEBI’s suitability requirements.
For the complete process specific to an Investment Adviser, walked through in even more depth than the five steps above, our guide on complaint against SEBI registered investment advisor covers every stage in additional detail.
Would building this complaint alone feel overwhelming right now?
We review your payment records, subscription history, and communications to identify exactly which SEBI provisions apply to your specific case, then help draft a complaint regulators actually act on.
Conclusion
Ayushi Chauksey’s public record is genuinely mixed, and worth reading as a whole rather than picking just one side of it.
Two active SEBI registrations, a BSE enlistment, and clean current complaint data all sit alongside a strikingly thin independent review record and one piece of critical public sentiment.
Neither side of that picture cancels the other out. A clean complaint month is real.
A 2.5-star rating from only two reviews is also real. Both are worth knowing before you decide whether to trust her, or any adviser, with your money.
If your own experience touches on excessive fees, an unsigned risk profile, or unsuitable advice, document it now and follow the process above in the order it’s laid out; starting today gives you a genuinely stronger position later than waiting will.
Report. Recover. Stay Fraud Free.
Her Kandivali West, Mumbai office listing shows only 2 reviews with a 2.5-star average, an unusually thin public record for an adviser active since 2018. Her published disclosure for October 2025 shows zero complaints received, pending, or unresolved from any source, though this should be read alongside her separately documented past enforcement history. Yes. A missing or unsigned risk profile is itself an independently reportable violation under IA Regulations, not a barrier that prevents you from filing a complaint. ₹1.25 lakh per year per client family, or 2.5% of assets under advice, whichever framework applies to your specific engagement with the adviser.Frequently Asked Questions
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