Fund Accounting
- Maintaining Books of Accounts
- Shadow accounting for offshore fund
- Providing details of contributors
- Maintaining accounts for individual contributor’s
- Calculation of NAV
- Accounting of temporary & Portfolio Investments
- Calculation of Hurdle, Catchup, Carry, etc. as per waterfall mechanism
Fund Administration
- Issuing Drawdown notices & Distribution Letters to Contributors
- Reconciliation of receipt of contributions
- Deployment of Surplus Fund
- Making investments in portfolio companies
- Maintaining Database of Contributors and Portfolio Companies
- Assisting in audit of books of accounts of the Funds
- Assisting in valuation of Portfolio Companies
Reporting & Portfolio Management
- NAV Reporting to all Contributors on Quarterly Basis
- Issuing Statement of Accounts, News Letters, MIS on Porfolio
- Updates on the Fund Management on Quarterly basis
- Statutory & Regulatory Reporting
- Reporting details of investments and divestments to the Manager
- Assisting in Valuation of Portfolio Companies
- Tracking of Interest/Principal payment for Debt Funds
Statutory & Tax Compliance
- Statutory payments & filings including GST, TDS, Profession Tax, as applicable
- Preparing and issuing TDS Certificates
- Advance tax workings
Fund Flow Management
- Tracking various fee receipts
- Deployment of funds in Mutual Fund/ FD, etc.
- Vendor payments
- Preparation of Fund flow Statement
Audit
- Finalisation of Books of Accounts
- Preparation of Financial statement
- Appointment of Auditors
- Assisting in audit of Books of Accounts
- Resolving audit queries
