Who is Umang Rajesh Bhutada?

Umang Rajesh Bhutada is a SEBI Registered Research Analyst (RA No. INH000023001) and one of India’s youngest Research Analysts, offering research-backed advisory services under the trade name Alphabulls Capital.

What services does Alphabulls Capital offer?

We offer three advisory modules: Alpha Core (model portfolio of 15-20 long-term compounders), Momentum Bulls (active momentum stock picks), and Alpha Desk (swing trading recommendations). Recommendations are research-only.

Are your advisory returns guaranteed?

No. All investments in the securities market are subject to market risks. We make no guarantees or assurances of profit.

How are stock recommendations delivered?

Trading recommendations are sent via SMS and mobile app notifications. Long-term fundamental research reports are shared exclusively via email.

What is your grievance redressal timeline?

The Research Analyst strives to redress complaints within 21 days. Escalations can be made to compliance@alphabullscapital.com, SEBI SCORES, or SMART ODR.

Legal & Compliance Registry

Unauthenticated News Policy

Alphabulls Capital (Umang Rajesh Bhutada), SEBI Registered Research Analyst (Reg. No. INH000023001), does not circulate unauthenticated news or market rumours.

Last updated: 1 November 2026

1. Purpose

SEBI requires registered market intermediaries to put controls in place so that unauthenticated news and market rumours are not circulated through any mode of communication. This policy sets out how Alphabulls Capital meets that requirement.

2. Scope

This policy applies to the Research Analyst and to every person associated with Alphabulls Capital, across all communication channels: email, SMS, WhatsApp, Telegram, social media, blogs, chat rooms, the website, the mobile app and push notifications.

3. What We Do Not Do

We do not create, encourage or forward unverified news, rumours or tips about any listed company or the market.
We do not publish market-sensitive information unless it comes from an authentic source such as a stock exchange filing or an official company announcement.
We do not take part in, or encourage clients to take part in, chat groups or forums that circulate unverified price-sensitive information.

4. Controls

All research, alerts and client communications are issued only through official Alphabulls Capital channels and are reviewed before publication.
Records of communications sent to clients are retained as required by SEBI regulations.
Associated persons are made aware of this policy, and any breach is treated as a disciplinary matter.

5. Advice to Clients

Do not act on messages that claim to be from Alphabulls Capital unless they arrive through our app, website or registered email. We never share "inside" tips or guaranteed calls. If you receive such a message using our name, report it to support@alphabullscapital.com.

Questions or concerns

Write to support@alphabullscapital.com or call +91 73859 99688 (Mon – Fri, 9:00 AM – 6:00 PM IST). For unresolved complaints, see our Grievance Redressal Mechanism.