Wisdom Investments
Plans and pricing
Four services, priced so that the first rung costs almost nothing and the free one costs nothing at all.
- One dated letter a month, emailed and archived on the site
- Where the Indian market is valued right now, and against what history
- One sector read-through from the monthly sector screen
- Results-season readouts as they land
- Plain-language explainers: what ROCE is, what a review trigger is, why we do not publish targets
- No individual stock recommendations
- No access to the live recommendation table
- One complete equity research report in the format subscribers receive
- The full 3-gate GAR screen and the fundamental workup behind it
- The written review trigger, stated the way it is stated for subscribers
- A walkthrough of how to read the recommendation table
- Not a live recommendation — the report is dated and its trigger may already have fired
- No access to the live recommendation table
- Everything in The Wisdom Letter
- The ETF allocation model — a vetted 43-ETF India universe, rules-based, reviewed monthly. It ascribes weightages, so it is a model portfolio under the Research Analyst Regulations and is issued as a research report with the disclosures one carries.
- The monthly dip screen: which structural themes are on sale, and which are simply broken
- The weekly and monthly sector screens, with the timeframe named on every verdict
- The Money Management Rules, and a worked example of applying them to a small portfolio
- Quarterly results readouts across the covered universe
- No individual stock recommendations — that is Wisdom Equity
- Everything in Wisdom Core
- 5 to 8 new equity ideas a year — the number is small on purpose
- A full written report on every idea: 3-gate GAR screen, then the 25-module fundamental framework
- The live recommendation table, with a published review trigger on every open position
- A quarterly review note on every name still open
- An explicit exit note when a thesis breaks, published the same way as the entry
What the ladder is designed to do
The free letter earns the right to be paid for. The entry tier is cheap enough that trying it is not a decision. The equity tier is where the real work is, and it is priced for someone who already invests. The review is a one-off for people who do not want a subscription at all.
The Wisdom Letter
Published for demonstration and investor-education purposes. It is not a recommendation, and subscribing to it does not create an advisory relationship.
The Starter Report
This exists so that the first payment is small and the buyer can judge the product on the product. It is a single delivered report, not a subscription, so nothing renews and there is no unexpired period to refund once it has been delivered.
Wisdom Core
Deliberately priced below the market so that a first-time investor can afford to start. The economics work on volume and word of mouth, not on a high ticket. ⚠ Because the allocation model ascribes weightages it is a ‘model portfolio’ as defined in the Research Analyst Regulations (Reg 24(8)); SEBI’s model-portfolio guidelines apply to it and it must be issued as a research report.
Wisdom Equity
Idea flow is stated as a range and not as a promise of profit. A year with four ideas is a year in which four things were worth writing about.
The retail fee limit, checked
SEBI caps what a Research Analyst may charge a single retail family at ₹1,51,000 per year, excluding GST. Taking every recurring and one-off service here for a full year comes to ₹44,797 including GST, which is ₹37,964 excluding GST — leaving ₹1,13,036 of headroom. The ladder is sized so that a single family cannot legally overshoot the cap by buying everything on offer.
Accredited investors and non-individual clients are outside the retail cap; those engagements are priced separately and are not sold from this page.
How payment and access work
Access is granted through a member account on this site. There is no separate portal to log into and no mobile app; the research is on the website, and it is also emailed to you.
- Create a free account with your email address. No card is required, and this alone gets you the free letter.
- Complete client onboarding — KYC and the signed client agreement, which contains the Most Important Terms and Conditions. This is a regulatory requirement before any paid research relationship begins, and its status is visible in your account.
- Pay for the tier you chose. A tax invoice is issued for every payment.
- Access opens against your account and the paid research unlocks on the site and by email.
Payment is only ever made to the disclosed bank account of Tejas Pravin Patel, through the payment link on this website. No fee is ever collected in cash, into a personal UPI handle, or through any individual claiming to represent us. If anyone asks you to do that, it is not us — report it.
Refunds
If a client requests cancellation of a subscription, a refund shall be issued only for the unused portion of the subscription period. The refund is calculated on a pro-rata basis, deducting charges for services already availed, including applicable taxes and administrative charges. No refund is provided for the period of services already availed, irrespective of the client's satisfaction with the recommendations or the outcome of any trade.
A separate and narrow exception applies to double payment or a billing error: report it in writing within 48 hours of the charge, with proof of the duplicate or erroneous debit, and the excess amount is refunded in full to the original payment instrument.
This is the identical wording published on the Refund Policy page. It is defined once in the build and injected in both places, and an automated check fails the build if the two ever differ — a checkout that contradicts the policy page was the single most exposed problem found across all three competitor sites reviewed.
What you are not buying
What is offered. Research on listed Indian equity securities and exchange-traded funds — written analysis, ratings and a published review trigger, issued to subscribers under the SEBI (Research Analysts) Regulations, 2014.
What is not offered, at any price. No personalised investment advice or financial planning (that requires registration as an Investment Adviser, which Tejas Pravin Patel does not hold). No portfolio management and no discretionary handling of anyone's money or securities. No execution, broking or demat access — you place your own orders through your own broker. No research on cryptocurrencies or virtual digital assets, no commodity calls, and no intraday, futures, options or other derivative recommendations. No guaranteed-return product, no profit-sharing arrangement, and no assured-return scheme of any kind.
No commission, ever — and not by choice. Regulation 26C of the Research Analyst Regulations prohibits an individual Research Analyst from providing distribution services at all, and prohibits the analyst's family from providing distribution services to a client who receives research here. So there is no mutual-fund commission, no brokerage referral, no insurance trail and no affiliate link anywhere on this site. Subscription fees are the only income this service can lawfully earn from you. A research site carrying broker sign-up links is telling you something about who is really paying for it.
Money never moves through us. Subscription fees are the only payment ever accepted, and only into the disclosed bank account of Tejas Pravin Patel. Anyone asking you to transfer funds to a personal account, promising assured returns in this name, or offering to trade on your behalf is not us — report it.