RTA - An End to End Solution For MF Investors & Companies

A mutual fund transaction involves a trail of activities that include digital and manual as well. Several transactions such as buying, selling and switching the shares are carried out by investors regularly and these transactions must be properly recorded & updated by the mutual fund companies to grease the wheels for future activities.

Sometimes circumstances to change investors’ address name or bank details also germinates and many investors need to dematerialise or rematerialise the share & securities, they also need to payout dividend etc.

So, in a scenario when they are busy executing their core responsibilities, who accomplish these tasks on their behalf?

Read Also:-  Why Registrar and Transfer Agent Boon For MF Houses & Investors?

Registrar and Transfer Agent Services of SAG Infotech takes on this responsibility. SAG RTA maintains & records the transactions carried out by the mutual fund investors on behalf of mutual fund companies and also facilitates investors doing their mutual fund related job.

It caters investors with services such as Transmission, Transposition, Name Removal, Investors’ Name & Address Change, Alteration in Client Signature, etc.

Apart from these basic RTA services, SAG RTA Registrar and Share Transfer Agent helps investors in settlement of all the IEPF claim, dematerialization of securities through CDSL/NSDL depositories, paying out dividends through ECS transfer, and so on also.

First, let us understand the meaning of Registrar and Transfer Agent Services and their role to dive into the benefits offered by them to mutual fund companies and mutual fund investors. 

Registrar and Transfer Agent

What is the meaning of Registrar & Share Transfer Agent?

Registrar and Transfer Agents refers to the trusts or third-party organisations which are appointed by mutual fund companies, financial institutions & publicly-traded companies to register and upkeep the detailed records of the transactions executed by their investors for their convenience. 

Such companies often have many investors who possess a part of the organisation and so their records need to recorded & preserved well and so they hire a third-party professional service by Registrar & Transfer Agents to carry out these tasks on behalf of these companies. However, some companies do not prefer such third party services and act as their own Registrar and Transfer Agent. 

What is the importance of Registrar & Transfer Agent for Mutual Funds Companies and Investors?

R&T agent is a single-window solution for Mutual Funds Companies as they execute all the investors’ and their transaction-related work like record keeping, updating the personal information of investors, etc on behalf of these companies and spare them with a lot of time to focus on their core job.

Since an R&T Agent is a specialised professional and works through its widely extended branches across the nation, it very-well meets the multiple needs of mutual fund companies as well as investors.

Read Also:- RTA is a Cornerstone of Mutual Fund Companies. See How?

RTA notifies the investors about new offers and schemes also and so act as marketing personnel for mutual fund companies while assisting investors to make a beneficial deal. R&T provides an end-to-end solution (E2ES) to all the three stakeholders of Mutual Fund Companies - Distributors, Investors and the Asset Management Companies (AMC).

Registrar & Transfer Agent is an all-inclusive solution for mutual fund investors as well and fully knock off the need for investors to visit the mutual fund offices. RTAs provide forms of fund houses to the investors, they also notify the investors about the dates of dividend distribution, new offers and maturity dates in case of fixed maturity plans (FMPs).

Besides, RTAs also complete the transactions of investors and procure their account statements.

Adding stars to the benefits, RTAs directly do not charge a fee from investors, mutual fund companies pay RTA which these companies recover from investors. 

Notably, SAG RTA Registrar & Transfer Agent Services must be availed from Securities and Exchange Board of India (SEBI) accredited RTA service provider like SAG Infotech that promises accuracy and adherence to prevailing laws.  

Leading RTA Agent in the Mutual Fund world of India are as follows:-

• SAG RTA by SAG Infotech Private Limited
• Franklin Templeton International Services Private Limited
• Computer Age Management Services (CAMS) Limited.
• Karvy Computershare Limited 

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RTA is a Cornerstone of Mutual Fund Companies. See How?

Mutual Fund is the first option that punches the clock of the investors when they think of making an investment to earn big. Mutual Fund sector is a never-depressing market with lakhs of investors making investments in various schemes.

A mutual fund house needs a manager for the proficient management of its tasks and to help its clients with diversified needs. So, instead of appointing an in-house manager or managers, mutual fund houses outsource these jobs to a professional and trustworthy Registrar and Transfer Agent (RTA Agent) who is specialized in RTA Services & having a presence throughout the nation.

Read Also:- How Mutual Fund Companies Primarily Based on RTA Services?

Advancement in technologies has made the digital presence of an organisation possible in different cities across the world. Similarly, R&T Agent are present at different places through its virtually connected expanded branches. In this way, an R&T Agent facilitates all the client living in different cities with multiple services such as the management of transactions carried out by them, notifying them about different offers & investment opportunities, changing their name, address as required etc in addition to the managerial facilities to the concerned mutual fund houses.

Facilities offered by Agent is based on the agent type you have hired. Some companies appoint an agent only for investment guidance while some appoint for the complete management of the investment portfolio. Registrar and Transfer Service are appointed by mutual fund houses either permanently or on a clientele basis.

Registrar and Transfer Agent can Increase the Financial Worth of Business

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A Registrar and Transfer Agent Service is a single-window solution for the management of the mutual fund process. Once the tasks related to mutual funds are outsourced to Registrar & Transfer Agent, It knocks off the need to appoint an exclusive workforce by being an intermediary between clients & mutual fund houses and serving both simultaneously.

• RTA Agent notify the client about new offers and provide them with quality service which generates new & more sales. 
• Helps investors execute transactions such as selling, buying and switching funds and also simplify the paperwork for them.  
• Advice the best offers to make an investment to the clients which further increases their investment potentials and so the profits. 
• Provides business-like ideas associated with a mutual fund investment. 
• RTA assists you to make rational decisions, upkeep and monitor diversified investments.

A Registrar and Transfer Agent Services is a sure way for any investment company to prosper and multiply their profits. When a company outsources its investment-related decisions & tasks to a leading Registrar & Transfer Agent Services like SAG RTA, their back-end processes and clientele services are managed properly & proficiently. 

SAG RTA Registrar and Share Transfer Agent are first SEBI accredited RTA service provider and one of the leading RTA in India. Contact us now to avail our top-rated RTA services.

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Why Registrar and Transfer Agent Boon For MF Houses & Investors?

If you are one from the world of share investment and trading, you must have heard the word - Registrar And Transfer Agent more often. And there could be a possibility that you might have just heard about it but do not know its meaning and role.

This article is all about Registrar & Transfer Agents and their role. Let us start with its meaning.

Meaning of A Registrar & Transfer Agent

A Registrar & Transfer Agent, generally known as RTA refers to an intermediary or agent appointed by the mutual fund houses to execute the operations such as facilitating the transactions and maintenance of its records on behalf of mutual fund houses. 

The beneficial role of an RTA Agent is not limited to the mutual fund houses but it extends to assisting the clients as well. RTA takes care of financial as well as non-financial transactions for the mutual fund houses and at the same it caters the multiple needs such as handling the transactions, releasing the investors’ forms, issuing the account statements and so on, of the diversified clients situated at different locations of the country as well-known RTAs such as SAG RTA have their roots expanded all over the country through its branches.  Besides, Registrar & Share Transfer Agent notifies the investors about different beneficial offers and schemes, help them with securities dematerialization and dividend payment. 

In short, RTA is an important link between mutual fund houses and investors with enormous benefits, when chosen correctly. SAG Registrar And Transfer agent is the one such RTA which serves all ordinary services such as Transposition, Transmission, Name Deletion, Name Change, Client Signature and Address change in addition to the exceptional benefits such as IEPF claim settlement, Securities dematerialization via CDSL/NSDL depositories, dividend payout through ECS transfer; to the investors. 

SAG RTA is a SEBI certified & Rajasthan's first RTA Services provider and its innovative approach adds value to its services & guarantees accuracy, alacrity & on-time execution of responsibility on investors’ behalf.

Now, let us hone in on to the need for Registrar and Transfer Agents and benefits served by them.

Firstly, let's understand why mutual fund houses need RTA?

Need of RTA for Mutual Fund Houses

Mutual fund houses have a large number of investors who carry out numerous transactions regularly. Transactions such as switching, selling and purchasing shares or equities carried by investors need to be recorded by the mutual fund companies which also has to upkeep and update the personal details of investors from time to time or whenever required. 

Managing, maintaining and recording the personal details of the investor such as inventors' name, address, contact information along with the transactions executed by them is a big task in itself which demands time, energy and expertise. Mutual Fund Houses may or may have that much time and proficiency which is required but RTAs are experts and specialized in all these activities so mutual fund houses hire them or outsource their work to these trained agents who will take the entire responsibility on their shoulder.

Read Also:- Registrar and Share Transfer Agents To Facilitate Transactions in Mutual Funds 

Benefits of Registrar and Transfer Agent to the mutual fund houses and Investors

The first and fundamental benefit of hiring an RTA for the mutual fund house is the reduced cost and availability of time & energy for the mutual fund houses to focus on their core activities and hunt more opportunities to grow in the share market. 

Since RTAs take care of client’s transactions on behalf of mutual fund houses, the task is accomplished in a professional sense as RTAs are trained professionals and also mutual fund companies do not need to invest their time in the same. 

RTA acts as a promoter also. RTA has its presence throughout the country via its branches so it promotes the mutual fund houses at a faraway level & generating new clients while satisfying its current clients already present in different areas. In this way, it acts as a sales & popularity booster for the mutual fund houses. 

Benefits of Registrar and Transfer Agents to investors include the availability of different investment offers & schemes at a single window. RTA informs investors about various beneficial schemes and this knocks off the need for the investor to visit different fund houses to invest with them which also saves time & energy of the investor.

An R&T agent serves as a single-window solution to make an in-time investment in different fund houses. 

Ensure to choose an RTA which is SEBI approved and has excelled in providing innovative services. After-sale service is also a point to ponder while choosing an RTA service provider. SAG RTA Registrar and Share Transfer Agent have a squad of experts for all-day-long customer care support.

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All About Rajasthan’s 1st RTA Services Provider: SAG RTA

SAG Infotech proposed SAG RTA, is one of Rajasthan’s and SEBI category 1st leading Registrar & Transfer Agent Services, which is dedicatedly indulged to serve its potential clients.

RTAs are the SEBI authorized services which are devoted to cater to clients associated with Mutual Funds. In its clientele, Registrar and Transfer Agent include potential investors with a desire of making a sound investment in the market along with the mutual fund houses who proposed investment opportunities to the investors.

RTAs play a mediator role amidst parties like the investors and mutual fund houses to perform diverse activities such as a share issue, bonus issue, preferential allotment, keep a record of share buying/selling/switching or any other data related activity as well as a corporate related activity under the supervision and guidance of RTAs.

Eligibility to Become Registrar & Transfer Agent Services Providers

1. To become RTA service providers, the organizations required to get certified by SEBI to conduct RTA services across India. 
2. The organizations’ listing in two major depositories (NSDL and CDSL) is mandatory to become an authorized RTA service provider. 

SAG Infotech Private Limited - SAG RTAs Parent Company 

SAG RTA is a subsidiary arm of SAG Infotech Private Limited, which is a popular name among best tax software solutions providers in the country. The company is serving its clients which includes CA, CS and HR professionals for more than 2 decades with a wide variety of accounting and tax compliance software which are Genius, Gen GST, Gen IT, Gen Payroll, Gen XBRL and widely utilized in tax and management industries. 

But we didn’t stop here, after getting excellence in the tax industry, SAG Infotech took responsibility of performing a new role of RTA Agent and Their Services and become Rajasthan’s 1st SEBI certified RTA Agency. Also, the entity has registered its name in the top two depositories (CDSL and NSDL) concerned with security dematerialization and management.

SAG RTA - Rajasthan’s 1st RTA Services Provider

Working to provide effective RTA services across the country, the SAG RTA Registrar and Share Transfer Agent take care of the client’s convenience and satisfaction whether it is the investor or the mutual fund house. The department manages responsibilities such as maintaining investor’s transaction details, providing accurate data to the authorities, mailing, assisting mutual funds related issues and a lot more.

To perform the above-mentioned responsibilities, the company has a professionally trained staff (including tax experts, CA, CS, etc) which reach out to its clients and provide them with effective solutions for any issue related to mutual funds. There are a sufficient number of RTA specialists in the SAG RTA department who are eager to provide the best solutions to its potential customers, whenever required.

Being a newcomer in the RTA sector, the company is trying its level best to provide its best of its services to its valuable corporate clients and become the country’s leading RTA firm.

Services by SAG RTA (Registrar and Share Transfer Agent)

In terms of RTA services, SAG RTA can be considered as a one-stop solution for all the mutual fund related issues. It serves the listed corporates and mutual fund businesses with large and quality investor database and helps them with lucrative investment opportunities. SAG RTA is labelled as one of the most affordable yet premium service providers in the RTA Services in India. 

Services offered by SAG RTA are Listed Below:

RTA Services for Professionals (CA, CS, and others) and Companies: 

Roles and Responsibilities of SAG RTA (Registrar & Share Transfer Agent)

Devoted to convey top quality, transparent yet affordable Registrar Transfer Agency Services to its pan India clients, SAG RTA Registrar & Transfer Agent Services makes a bit of extra effort. All its valuable efforts to satisfy its clientele are indexed below: 

SAG RTA is receiving appreciation from the masses for its quality service available at feasible pricing. And it’s become professional’s (CA, CS or others) first choice due to reasons like:

Read Also:- RTA Agencies catering to all the demands of Investors as well as Mutual Fund Houses

It offers premium RTA Services: 

The company focuses on delivering premium and unhindered services to its clients. This makes the SAG RTA the most preferred RTA Services in Rajasthan as it provides services with full security and transparency. 

Avails Different RTA Forms: 

One can download several RTA forms from SAG RTA which are designed based on SEBI protocols. 

24/7 Connectivity with National Depositories: 

An issuer client can get benefited with the facility of 24/7 connectivity with two major depositories (NSDL and CDSL) just by clicking on the SAG RTA portal. The SAG RTA provides the issuer with the facility of all-time connectivity with NSDL and CDSL. 

Separate Dashboard Facility: SAG RTA facilitates professionals or the companies with the separate dashboard utility, those who require maintaining their ongoing Registrar & Transfer Agent related activities along with keeping track of their previous records.

Premium yet Affordable RTA services:

SAG RTA believes in conveying quality services at affordable pricing. This turns into a minimal profit margin for the company but greater customer satisfaction and convenience. We all are aware that a satisfied customer always turns back, which comes out as an excellent customer base for the company.

24/7 Expert Support - 

SAG RTA has a dedicated team of experts who are always ready to assist customers whether they are investors, professionals or companies through calls, messages or emails at any time. Also, they support a thorough verification of RTA documents submitted by the clients as well as safeguard the information provided by the clients. 

Updating Client Records - 

The customers furnish information regularly which needs to be updated in RTA records on the same day. Whether it is changing in name, address or signature or any other relevant information. Updating information regularly eliminates the chances of any mismatch or default. 

Media Publication and SAG RTA -

Since the SAG RTA gets certified by SEBI as the Rajasthan’s 1st RTA service provider. The company is under the lens of several renowned newspapers like Dainik Navjyoti, Punjab Kesari, Business Remedies, Daily News, Nafa Nuksaan, Rajasthan Patrika, etc., Also, these papers even provide a separate editorial column for the news exclusively from SAG RTA.

SAG RTA - An asset for CA and CS professionals

SAG RTA which offers premium RTA services at the most convenient rates, is a reliable source to avail RTA services in India. With the help of digitization, the company manages to provide a user-friendly, client-centric RTA platform for its customer base (distributors, mutual fund houses, investors, etc.) in the RTA industry.  

SAG RTA is an improved digital platform which serves its clientele as a single-window solution for all the RTA service. It enables the easy creation of ISIN and tracking of the download status of any RTA related form or document. 

Read Also:-  Check Why You Need To Have A Demat Account and RTA Service Provider?

In the given below table, you will find details of the required document for ISIN creation for shares at CDSL and NSDL: 

*Note:- All the aforesaid documents shall be signed & sealed by any or all the persons authorized in the board resolution by the company.

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Role of Registrar and Transfer Agents in Rematerializing Securities

Depositories enable individuals to convert their physical share certificates into electronic account balances and vise-versa. Remat is that facility allotted to the investor through which he/she can easily convert his/her electronic security holdings with depositories into physical share certificates. To be noted: Securities requested for rematerialization cannot be traded. 

There could be various reasons Remat the securities like hinderance in trading because of trade-locked securities or simply when there is no desire to trade in shares or bonds.

By-Law 9.4: Rematerialisation And Business Rule 11.2: Rematerialisation of securities -are the legal provisions applied in this process.

Scrutinizing Rematerialization Process

Condition 1 -  You have decided to quit dealing in securities but you still have shares in your Demat account. Your Demat account charges you Rs. 500 to Rs. 1000 every year as annual maintenance fees, so to avoid paying maintenance charges in the name of account which you don't actually require, you can rematerialize your electronic securities in physical share certificates.

Condition 2 - Many investors have infrastructure bonds in their Demat accounts, such bonds are trade - locked securities and cannot be touched for at least five years. That means you cannot switch your demat securities from one participant to another before five years. You can choose to rematerialize your trade - locked bonds.  

The whole process of rematerialization takes not more than 30 days starting from the day of quoting a request.  

Rematirialization of securities is easy via the following steps:

1. Submit a request for Rematerializing your securities:

One needs to apply for rematerializing his/her electronic securities to the DP in which he already has a demat account. 

2. DP Verifying the Request:

DP upon receiving the request form from the applicant examines the form to check its accuracy. If the form filled is errorless, it issues the signed and stamped slip of acknowledgment to the applicant. While verifying the request form DP matches the signature of the applicant with the specimen signature in previous records. If the signatures are contrasting then DP does not approve the request.

Read Also:-  Know The Ways to Get a Duplicate Share Certificate

3. DP Transfering Request to NSDL:

DP enters request details in its DPM (software provided by NSDL to the DP), then transfers the request to the issuer of securities or R&T Agent. If the applicant has insufficient balance in his demat account, then the request will get rejected by DP. DP will inform about the same to the client.   

4. DPM issuing RRN:

If the applicant fulfills all the pre-set requirements and has sufficient balance in his account, the request will be extended to DPM, DPM in return will issue a Rematerialisation Request Number (RRN) which has to be filled in the rematerialization form. 

Read Also:-  Process To Remate The Security Holding Under RTA Services

5. Further Verifying The RRN Details:

The details in RRN has to be verified by a person other than the person entering the data. Once all the formalities are completed by DP the request reaches the DM, which further is extended to the Issuer or an R & T Agent via electronic modes.  

6. Rejection of Request by Issuer or Registrar & Transfer Agent:

Upon receiving the request from DM, Issuer or Registrar & Transfer Agents will process the request. They have the right of rejecting the request and report the objection to DP. they can send an objection memo to DP asking to clarify the objection. 

7. Acceptance of Request by Issuer or R&T Agent:

If the Issuer or R&T agent qualify your request for rematerialization will print and further despatch the certificates to the client. Simultaneously sends an electronic confirmation to the DM.

8. Status Update:

The DM downloads this information to the DPM and updates the status of rematerialization request in the DPM. The depository will update the account of the shareholder from which the rematerialized shares will be excluded.

9. Issuing Physical Share Certificates to the clients:

Once the request form is validated and approved by each party, the registrar will issue the physical share certificate to the client.

  

10. Fees Charged for the Remat Process:

As per the laws mentioned in Depositories Act, the depository cannot impose any stamp duty for transferring the shares when a remat request is made and only a nominal fee is charged for completing the process.

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