SEBI has mandated dematerialization for AIFs. If you have a scheme that continues beyond April 30, 2024, you need to begin the process now.
There are several activities to be accomplished before ticking the DMAT box in the Compliance Test Report you will be submitting in December 23.
However, we have simplified the entire process and made it a seamless transition.
At a high level, there are 2 parts to this:
You need to approach depositories and get ISINs for all your schemes. You need to fill the Master Creation Form, enclose various documents along with scheme data, pay the fees and submit the form.
In case you have not seen the detailed process note, please do one of the following:
We will mail you to get a copy of starter kit. You will find everything that you need.
Once your schemes are DMAT enabled, you will receive ISIN numbers for each scheme.
End to end DMAT process requires several changes to your business applications and CRM systems. In case you have signed up a SEBI licensed RTA, they may have initiated this process.
Click on the link below to assess their readiness.
In case you are not with a SEBI licensed RTA, you can expect a longer and complex change management process.
As per SEBI circular, AIFs need to sign a tripartite agreement with a SEBI licensed RTA and depository.
We are a SEBI licensed RTA.
In case you wish to choose us as an RTA, we will completely take care of all complexities.
Our platform provides several intuitive interfaces that enable AIFs to easily enable their schemes for dematerialization, ensuring a hassle-free process for conversion.
Our company provides a simple digital onboarding solution that facilitates the registration with depositories and offers end-to-end support for the dematerialization process.
Talk to us today. We will give you an unconditional and an unbiased advice.
As per the SEBI Circular SEBI/HO/AFD/PoD1/CIR/2023/96 dated June 21, 2023, AIFs need to sign a tripartite agreement with a SEBI licensed RTA and depository.
As per SEBI circular, AIFs need to sign a tripartite agreement with a SEBI licensed RTA and depository.
While there are several players in the market offering services for AIF, the following traits and unique capabilities differentiate us from the rest of the competition:
In a nutshell, our offerings encompass multiple flavours of digital onboarding, customer engagement, automated reporting tools, growth toolkits, risk management options, among others. All these tools are aimed at significantly enhancing operational efficiency, improve decision-making processes, and deliver superior results for our clients.
You are in safe hands. Our senior leadership has a pooled expertise of over 150-man years in KPO, ITES, corporate registry, mutual fund, AIF, and other capital market intricacies.
We are currently working with several marquee AIF clients and helping them streamline and transform their AIF process.
Since some of your clients have an account with either of the depositories. Therefore, its essential to have an agreement with both depositories.
DP account for your company is optional but your investors need to have a DP account. We can facilitate opening of DP accounts for your customers.
We understand your concerns and the anxiety.
Our digital onboarding support team will guide you through the entire dematerialization process, ensuring a smooth transition for your clients. We provide comprehensive training and resources to address any concerns.
We will do our best to alleviate all your concerns.
Schedule a call with us today. We will explain the entire process along with some of the questions listed below
Our company provides a simple digital onboarding solution that facilitates the registration with depositories and offers end-to-end support for the dematerialization process.
Talk to us today. We will give you an unconditional and an unbiased advice.
Pricing structure varies from client to client based on metrics like # investors, Assets under management, scheme complexities , and the like.
Lets schedule a call with our transition experts to evaluate your requirements.
Based on your requirements, we will suggest the best plan for you.