You land on a website that says “Research Before Reaction” and displays a SEBI registration number right on the homepage. That’s Capital Vision Research.
At first glance, there’s very little to question. That’s exactly why it’s worth looking more closely.
Before you subscribe to anything, let’s actually dig into what’s behind it, because a good tagline and a good service aren’t always the same thing, and we’ll also show you the way if your experience turns out differently.
Capital Vision Research Review
Capital Vision Research presents itself as a research firm operating out of Bengaluru.
The homepage leans on discipline and data-backed calls across equity and commodity segments. That’s the pitch, and pitches always sound convincing from the outside.
To truly evaluate a research firm, you have to look past the homepage copy.
What actually matters is the leadership running the operations, the regulatory validity of their SEBI registration, and their real-world track record regarding compliance, fees, and investor complaints.
That’s exactly what this review walks through, one piece at a time.
Capital Vision Research Complaints
SEBI requires every Research Analyst to publish monthly complaint data.
Capital Vision Research does this, and as of June 2026, every single column reads zero: no complaints from investors directly, none through SEBI SCORES, none from any other source.
A completely clean sheet like this can mean exactly what it looks like: a firm with nothing to answer for yet.
It can also mean the firm simply hasn’t been operating long enough, or widely enough, for issues to surface and get formally logged.
There’s another layer worth knowing, too. This zero-complaint disclosure only counts what gets formally filed through official channels.
The reality is that investors who never escalate issues through SCORES, or who simply cut off contact, never appear in official metrics.
A zero-complaint record is a good start, but understanding these hidden gaps is exactly why you need to dig deeper into the firm’s actual operations.
Who Is the Owner Behind Capital Vision Research?
Capital Vision Research runs as a proprietorship.
The proprietor is Amit Anand, and he also holds every escalation role listed on the firm’s own grievance page: customer care, compliance, and principal officer, all under one name.
One person wearing every hat isn’t unusual for a small proprietorship.
But it does mean every grievance, at every stage, routes back to the same individual.
Want to know more about Amit Anand’s background and his legal operations in his role at the firm?
Check out our detailed blog: Capital Vision Research owner
Is Capital Vision Research Legitimate?
Yes, Capital Vision Research holds SEBI Research Analyst registration number INH000022482, registered as an individual proprietorship.
While many advisory firms face compliance crackdowns resulting in a SEBI Research Analyst registration cancellation, Capital Vision’s license remains fully active and valid.
That single fact answers the compliance question, but it doesn’t answer whether the pricing or day-to-day conduct behind that number holds up.
For the full registration record, address, contact details, exact scope of what the number does and doesn’t cover, read our detailed blog: Is Capital Vision Research SEBI registered?
Capital Vision Research Services
Capital Vision Research splits its offerings across equity and commodity segments, with both standalone and combo plans.
| Plan | Segment Covered | Monthly Price | Quarterly Price |
| Stock Cash / Stock Future / Stock Option / Index Option Research | Individual equity or derivatives segment | ₹17,000 | ₹47,200 |
| Equity Combo, F&O Combo, or Index Combo | Two combined equity or derivatives segments | ₹29,500 | ₹76,700 |
| Complete Equity Suite | Stock cash, futures, options, and index options combined | ₹68,180 | ₹1,49,999 |
| Commodity Combo | Bullion, base metals, and energy combined | ₹68,180 | ₹1,49,999 |
That’s the range on paper. The pricing attached to two of these plans is where things get worth a closer look.
Pricing That May Cross SEBI’s Own Fee Cap
SEBI maintains strict regulations regarding the maximum fees for SEBI registered research analyst firms to protect retail investors from overcharges.
Currently, SEBI caps the total fees a Research Analyst can charge an individual or HUF client at ₹1,51,000 per year, per family.
Capital Vision Research’s top-tier plans, the Complete Equity Suite and the Commodity Combo, are both priced at ₹1,49,999 per quarter.
If you’re asked to renew this plan even once after the first quarter, your total payment already sits close to the annual cap.
Renew it through a full year, and the total crosses SEBI’s ₹1,51,000 limit by a wide margin, and that crossing is exactly what counts as a violation.
Thinking of Subscribing to an RA? Look Here First
Capital Vision Research isn’t the only firm worth this level of scrutiny. Any Research Analyst asking for your money deserves the same checks before you sign up.
A few minutes of verification upfront can save months of chasing a refund later.
Here’s exactly what to run through before you pay anyone:
- Do the annual math first: Always multiply a monthly or quarterly fee to see the true yearly cost. If the cumulative total exceeds ₹1,51,000 a year for an individual, it is a direct violation.
- Match the plan to the disclosure: Cross-check the services being pitched against what the firm has officially disclosed on its website or the SEBI portal.
- Don’t trust any guaranteed-return promise: Genuine Research Analysts are strictly prohibited from promising fixed or assured profits. Treat any such claim as a red flag.
- Keep every payment record: Save all invoices, payment receipts, and communication from day one. You will need them if a dispute arises.
Skipping even one of these checks is exactly how investors end up stuck with a plan they can’t get out of.
Pricing tells one part of the story, but knowing how to safeguard your investment matters just as much. If you encounter pricing violations or service issues, there is a clear process to hold a firm accountable.
How to Hold Capital Vision Research Accountable for a Violation?
If a plan you’ve paid Capital Vision Research for turns out to breach SEBI’s fee cap, or if the service doesn’t match what was promised, you have a real complaint path here, not just a theoretical one.
Here’s how that path works, one step at a time:
Step 1: Raise It With the Firm Directly
Email the firm’s compliance contact and lay out the exact issue, whether it’s pricing, service quality, or unclear billing.
Include dates, amounts, and any plan details you were shown before paying. Keep a copy of everything you send, since this record matters if you need to escalate later.
Step 2: File a Complaint with SEBI SCORES
If the firm doesn’t resolve things, take the complaint to SEBI’s SCORES portal next. Upload every payment record, email, and screenshot exactly as you have them.
SEBI then holds the firm to a fixed response window once your complaint is filed.
Step 3: Escalate Through SMART ODR
An unresolved SCORES complaint isn’t the end of the line; it can move into SMART ODR next. A neutral conciliator works with both sides to try to reach a fair resolution.
This route moves faster than a court case and doesn’t require a lawyer at this stage.
Step 4: Share Market Arbitration
If conciliation doesn’t resolve things, arbitration is the final formal step available.
An arbitrator reviews everything both sides submit and issues a decision that carries real legal weight, enforceable the same way a court order would be.
Paid for a research subscription that didn’t meet your expectations?
We help investors sort out exactly what happened and guide them through filing complaints via SCORES, SMART ODR, and arbitration, start to finish.
Conclusion
Capital Vision Research holds a genuine SEBI registration and, as of its latest disclosure, a clean complaint sheet.
But its own pricing page raises a real question about whether its top plans stay within SEBI’s fee cap.
Verify the registration yourself, do the annual math on any plan before subscribing, and if something already feels off, start documenting it now rather than later.
Frequently Asked Questions
1. Is Capital Vision Research Registered with SEBI?
Yes, it holds registration number INH000022482 as a Research Analyst, under proprietor Amit Anand.
2. Can a Research Analyst charge more than ₹1,51,000 a year from an individual client?
No, SEBI caps annual fees for individual and HUF clients at ₹1,51,000 per family, and charges beyond that raise a genuine compliance concern.
3. Can Capital Vision Research promise me guaranteed profits on its research calls?
No, and if anyone from the firm makes that promise, treat it as a direct violation worth reporting, not a selling point.
