Quick Summary
Kirti Saraf holds SEBI Research Analyst registration INH000014784, active since February 9, 2024, and runs her advisory under her own name from Ambala, Haryana. Her website leads with a Goldman Sachs and CA/CFA background but shows no pricing anywhere on the Services page, while a Telegram channel run under a different handle displays real subscription costs through an external payment link her registered site never mentions. Her Terms and Conditions name a different analyst in one clause, point clients to a different domain for mandatory disclosures, and give two conflicting grievance timelines. Her complaint disclosure covers an eighteen month span in a single row rather than the monthly breakdown SEBI requires. This page walks through every finding in order.
A website that leads with a Goldman Sachs credential and a Chartered Accountant qualification is trying to earn your trust fast.
The same page, a few lines down, states plainly that no responsibility is taken for any financial profit or loss.
Kirti Saraf is a genuinely SEBI-registered Research Analyst, and her registered website carries that exact contradiction: credibility built at the top of the page, liability disclaimed at the bottom of the same page.
This review checks the registration first, then works through the website page by page, before turning to a Telegram operation that shows pricing her own site never does.
Is Kirti Saraf SEBI Registered?
Yes. Kirti Saraf holds an active SEBI Research Analyst registration under number INH000014784, listed as an Individual Research Analyst, with validity running from February 9, 2024, on a perpetual basis.
The registered and correspondence address is 203, Sub Center, Tau Devi Lal Complex, Opposite Hotel Oscar Residency, Yamuna Nagar, Ambala, Haryana, 135001.
That registration is real, and you can confirm it yourself on SEBI’s website in under two minutes.
What the registration does not tell you is whether the rest of her public presence, the website, the terms she asks you to sign, and the Telegram channels she runs, actually hold up to the standard that registration is supposed to guarantee.
The sections below go through each of those in turn.
Kirti Saraf’s Background: Do the Credentials Match the Disclaimer Below Them?
The home page bio describes Kirti Saraf as a Chartered Accountant and Chartered Financial Analyst who worked with Goldman Sachs for over five years, specialising in index options trading recommendations.
Those are three specific, credibility-building claims placed at the very top of the page, exactly where a first-time visitor’s eye lands before anything else.
Directly below that bio, on the same page, sits a disclaimer stating she takes no responsibility whatsoever for any financial profits or losses.
Both statements are technically permitted on their own. Read together, they describe a page that spends its opening lines building confidence in her expertise, then spends its closing lines removing any accountability for what that expertise actually produces.
This is not unusual on its own; most research analyst websites carry some version of a risk disclaimer.
What stands out is the placement: credentials first, liability second, on the same page, with nothing in between explaining how the two square with each other.
A visitor reading only the top of the page walks away with one impression.
A visitor who scrolls further gets a materially different one.
What Does Kirti Saraf’s Website Actually Show About Pricing?
Here is a question worth asking before anything else: what does it cost to subscribe to Kirti Saraf’s research?
The honest answer, based on the Our Services page and every other page on the registered website, is that you cannot find out.
No price, no fee amount, and no subscription duration appears anywhere on the site.
The Services page names two offerings, Premium Group Index Options and Premium Group Stock Options, describing daily trade volumes for each.
Neither listing carries a rupee figure attached to it.
A Refund Policy document sits linked on the same page, but without a visible price shown anywhere on the site, there is no way to know what amount that refund policy is actually meant to apply to.
A pricing page with no prices on it is not simply an oversight.
Its practical effect is to push every visitor toward a different channel to find out what anything actually costs, which is exactly what her Telegram presence, covered further down this page, turns out to provide.
Also Read: NextEdge Research contains a mismatched UPI ID and a no-refund policy together.
What SEBI-Mandated Pages Are Missing From Kirti Saraf’s Website?
Beyond pricing, several documents SEBI expects a registered Research Analyst to make available simply do not exist as readable pages on this site.
1. No Dedicated Privacy Policy Page
A search across every visible page on the site turns up no standalone Privacy Policy, a document that should explain how client data is collected, stored, and used.
2. No Advertisement Code Compliance Statement
SEBI’s Advertisement Code sets rules for how a Research Analyst can market services publicly.
No statement confirming compliance with that code appears anywhere on the site.
3. Investor Charter and Grievance Matrix Exist Only as Downloads
The Investor Charter, the Redressal Grievance matrix, and the Standard Disclosures document all exist only as downloadable files rather than as pages a visitor can read directly on the site.
A document buried in a download is one most visitors will simply never open.
4. One Person Named for Every Role
Kirti Saraf is listed as the sole contact person across the site, covering every function a client might need to reach, from general queries to formal grievances.
For an individual registration, this is not unusual on its own, but it means every one of these gaps, taken together, funnels back to a single point of contact with no separation of roles.
If you believe any Research Analyst is withholding mandatory disclosures your own registered adviser is required to provide, the complaint against SEBI registered research analyst page on this site covers how to raise that formally.
Do Kirti Saraf’s Terms and Conditions Hold Up?
A client agreement is the one document meant to settle exactly what you are entitled to before a dispute ever starts.
On this site, the Terms and Conditions raise more questions than they answer.
1. A Different Analyst’s Name in Clause 13
The agreement itself is entered into with Kirti Saraf. Clause 13, covering the optional Centralised Fee Collection Mechanism, instead refers to “Sourabh Bajaj” by name.
A single clause naming a different individual inside an agreement otherwise built around one specific registered analyst is not a stray typo to wave off.
It raises a real question about whether this clause, and potentially the document around it, was drafted for this registration at all, or copied from somewhere else and left unedited.
2. A Mandatory Disclosure Pointing to a Different Website
Clause 12 directs clients to a site called Tradersstreet for the Most Important Terms and Conditions document, even though Kirti Saraf’s own stated website is kirtisaraf.com.
A document telling clients to look elsewhere, on a domain that has nothing to do with her registered site, for a disclosure SEBI requires her own site to carry, undercuts the reliability of that disclosure entirely.
A client following the instruction as written ends up on an unrelated website looking for information about a different registration.
3. Recommendations Labelled as Never Being Advice
The agreement states that any opinion or suggestion on a specific position shall, under no circumstances, be considered advice.
That framing does not match how SEBI actually evaluates communications from a registered analyst.
What a message actually says and how it is delivered determines whether it functions as advice, not the label attached to it after the fact.
A specific buy or sell suggestion does not stop being a recommendation just because a clause says it isn’t one.
4. Two Different Grievance Timelines
Clause 9 promises grievances will be addressed within seven business days.
The Investor Charter, hosted on the same website, states a twenty-one-day grievance redressal timeline instead.
A client reading only the Terms and Conditions expects a response within a week.
A client reading only the Investor Charter expects up to three weeks.
Neither document tells the reader that a second, conflicting timeline exists elsewhere on the same site.
Kirti Saraf Telegram Channels: What Do They Actually Show?
Everything covered so far comes from Kirti Saraf’s registered website.
Her presence extends well beyond it, into a Telegram operation her own site never references.
Kirti Saraf runs two separate Telegram channels, through which specific buy and sell signals and trade recommendations are shared on a regular basis.
1. Trade Calls Shared With a Success-First Framing
One of these, branded “Kirti Saraf Updates,” carries close to two hundred subscribers and posts live trade calls directly, naming index levels, targets, and stop-loss figures for each one.
The channels frequently highlight trades that hit their targets, framed with language like “premium tripled” and “200 points done,” a pattern that leans toward showcasing successes rather than presenting a balanced, ongoing account of how recommendations actually perform over time.
2. Pricing That Only Exists Off the Registered Website
Alongside these updates, the channels carry repeated promotional messages encouraging subscribers to pay for premium or paid groups and related services.
This is where the pricing missing from her registered website actually surfaces.
3. A Contact Handle That Doesn’t Match the SEBI Record
Payment and subscription happen through an external site, cosmofeed, with separate links for the Premium Index Option group, the Stock Options group, and a combined package covering both.
None of these prices, Monthly, Quarterly, Half Yearly, or Yearly, appear anywhere on kirtisaraf.com.
A client interested in her services has to leave her registered site entirely and land on a third-party payment platform before ever learning what a subscription actually costs.
Queries about the paid groups are directed to a Telegram handle listed as @OPTIONMASTER7, a contact identity that does not match Kirti Saraf’s registered name, email, or phone number anywhere on SEBI’s record.
A subscriber messaging that handle with a question has no way of confirming, from that interaction alone, that they are actually dealing with the person named on the SEBI registration at all.
Fee collection and solicitation for a registered Research Analyst are subject to specific requirements around how payments move and how services are marketed.
An external payment platform, tied to a Telegram identity separate from the registered analyst’s own name, is exactly the kind of arrangement worth examining against those requirements before you send any money through it.
What Does Kirti Saraf’s Complaint Data Actually Show?
SEBI requires every registered Research Analyst to disclose investor complaint data on a monthly basis, refreshed as current information for each reporting period.
Kirti Saraf’s complaint table shows the following figures, all attributed to SEBI SCORES as the source, with no complaints received directly from investors or through other channels.
| Received From | Received | Resolved | Pending | Avg. Resolution |
|---|---|---|---|---|
| SEBI SCORES | 3 | 3 | 0 | 33 days |
On the numbers themselves, this looks reasonably clean. Three complaints filed, three resolved, none left pending.
The problem sits in how this data is presented rather than in the figures themselves.
The entire table is labelled as covering April 2024 through September 2025, an eighteen-month span compressed into a single row.
SEBI’s guidance calls for current month data to be shown, refreshed as each new month passes.
This table was already stale by the time of writing, since the most recent figure it references is over a year old.
There is no month-by-month breakdown anywhere showing when within that eighteen-month window the three complaints actually landed, and no separate annual summary table exists on the page either.
A single aggregated figure spanning a year and a half tells you far less than a genuinely current, monthly disclosure would.
It makes it impossible to tell whether complaints arrived steadily, clustered around a specific period, or trailed off entirely, information a properly maintained monthly table would show at a glance.
What Does the FAQ Page Leave Out?
The FAQ section on Kirti Saraf’s website contains exactly four questions in total, a narrow set for a site meant to answer the questions a prospective client would actually have.
None of the four questions address fees, pricing, refund terms, or how to file a complaint, arguably the four things a paying client most needs clarity on before subscribing.
One answer, responding to whether the service handles client accounts directly, is written simply as “the answer is no, illegal as per Sebi.”
That is casual phrasing for what ought to be a clear, formally worded compliance statement, on a page whose entire purpose is to represent the firm’s official position to visitors.
A fourth question restates the specific daily call volume, four to six calls a day, reinforcing the same tip-delivery framing found elsewhere on the site rather than describing an independent research process.
How Do You File a Complaint Against Kirti Saraf?
If your experience with Kirti Saraf, through her registered website or through either Telegram channel, has not matched what was promised, a formal path exists to raise it.
Start by saving everything: screenshots of the registered website’s claims, any Telegram messages describing pricing or performance, your payment confirmation from cosmofeed.com, and any direct communication with her or with the @OPTIONMASTER7 handle.
Write to Kirti Saraf directly first, using the contact details on SEBI’s own registration record, and allow a reasonable period for a written response before escalating further.
If the response is unsatisfactory, file a SEBI SCORES complaint using registration number INH000014784, attaching your payment proof and any screenshots that support your case.
If SCORES does not resolve the matter, SMART ODR offers structured online mediation as the next stage before formal arbitration.
Paid through a Telegram link for pricing that never appeared on Kirti Saraf’s registered website?
We check your payment history against her registered disclosures, confirm whether the gap qualifies as a valid complaint, and prepare your SCORES filing from start to finish. Register with us for a free consultation.
Conclusion
Kirti Saraf holds a genuine, active SEBI registration, and that fact alone is easy enough to confirm directly on SEBI’s own website.
Everything else worth knowing sits in the gap between the registered site and Telegram.
No pricing on the registered website, several SEBI-mandated documents missing or buried in downloads, a Terms and Conditions document naming a different analyst and pointing to an unrelated domain, and a Telegram operation with its own pricing, its own contact handle, and no reference anywhere back to the registered site that supposedly governs it all.
Verify the registration yourself, read the Terms and Conditions in full before you subscribe to anything through either channel, and treat any pricing that only appears off her registered website as a reason to ask more questions before you pay.
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Frequently Asked Questions
Yes. She holds SEBI Research Analyst registration INH000014784, an individual registration active since February 9, 2024 on a perpetual basis, registered from an address in Ambala, Haryana.
Not on her registered website, kirtisaraf.com, which carries no prices anywhere. Pricing only appears through external payment links on cosmofeed.com, connected to her Telegram channels rather than her registered site.
Clause 13 of the agreement refers to "Sourabh Bajaj" instead of Kirti Saraf, an inconsistency worth raising directly with her before you rely on that clause or the document around it.
The handle is used for queries about her paid Telegram groups, but it does not match her registered name, email, or phone number on SEBI's record, so it cannot be independently confirmed as her from that contact alone.
Not clearly. The table covers April 2024 through September 2025 as a single combined figure rather than the current monthly breakdown SEBI expects, making it difficult to judge how up to date the disclosure actually is.
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