Contributor Onboarding/ Servicing
- Maintaining Contributors’ Database
- KYC Process including KRA & CKYC Registration
- Sending welcome letter to contributors
- Allotment of Unit Statements to Contributor
- Tracking of clients’ contribution & distribution of Funds
- Management of Client’s queries
- Providing various workings/ reports to Contributors on regular basis
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
Compliance Management
- Quarterly reporting to SEBI
- Quarterly Compliance reporting (QCR) to Trustee
- Annual Compliance Test Report (CTR) to Trustee
- Compliance in terms of Foreign receipt/ payments
- Compliance for foreign investment and remittance
- Statutory Compliance
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
Tax Compliance
- Statutory payments including GST, TDS, Profession Tax, as applicable
- Filing of Returns on timely basis for TDS, GST, FATCA
- Deducting and payment of TDS on distribution to Contributors as per Sec 64LBB
- Providing Form 64C to Contributors and Filing Form 64D with Tax Department
- Preparation and Issuance of TDS Certificates
- Advance tax workingsh
