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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SAG RTA Now Answers The Call For Dematerializing Equity Shares

SAG Infotech, an established name in the taxation industry has now entered the premises of Registrar and Transfer Agent (RTA) services. The company is now home to Rajasthan’s first-ever RTA services popular with the name of SAG RTA and is fulfilling the needs of investors as well as mutual fund houses. SAG RTA works in line with the clause issued by MCA saying that it is compulsory for Unlisted Public Companies to issue securities only in dematerialized form.

SAG RTA Registrar and Share Transfer Agent puts on view the unlisted equities as well as common debt assets including Certificate of Deposit, Securitized instruments, and lot more.

Authorization from SEBI

SAG RTA, a subordinate of SAG Infotech Pvt Ltd, has authorization from government-regulated share/security controller SEBI or  Securities and Exchange Board of India for working as Registrar to an Issue and Share Transfer Agent to an Issuer of Security. Remember, SAG RTA is Rajasthan’s 1st ever SEBI certified RTA services provider.

SAG RTAs Expertise Compass

SAG RTA services are hired also for dematerialization of shares via depository registered with CDSL and NSDL, payout of dividends and interest transfers. Also, the company has an inside track in maintaining investor database as well as security transfer. SAG RTA does renewals of dividends on shareholder’s requests and issues them dividend warrants.

Incharges for Backhand Management and Investor Issues 

An expert team is hired for handling backhand business like solving investor’s issues and guiding them with good investment opportunities. The company reaches out to its clients via phone, mail and fax.

SAG RTA is a quick aid to documentation related processes like Change of Name/Name Deletion/Transposition/Transmission, Signature and Address Change. The department facilitates the investor with Duplicate Share Certificate in case the original one is missing, for that the investor must intimate the department regarding the loss.

For issuing the shares/securities in the dematerialized form to the potential investors, the companies need to communicate with SEBI authorized Registrar and Transfer Agent Services which have direct or online access to depositories. SAG RTA will act as a bridge between the Shares/Security Issuers and main depositories (CDSL and NSDL) while maintaining the issuer's transaction with depositories.

Additional Features provided by SAG RTA:

• A unique login dashboard facility for professionals like CA, CS and others and Companies associated with SAG RTA. 
• Tracking records of various clients at a time in single login. 
• Fee Calculator feature for the clients to gain exact figures of fees payable to depositories and RTA. 
• Pre-prepared documents for corporate reportings.
• Log of activities by issuer and professionals in login dashboard
• Maintaining the joint with both CDSL & NSDL depositories.

SAG RTA now is a trustworthy name after reviews from its existing clients. Various reputed Issuers rely upon us on the grounds of our services, security and privacy.

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How To Transfer Physical Shares

To transfer a physical share certificate to another person’s name, you would need a transfer deed.

A Transfer deed is a document that is provided to you at the time when you originally purchase physical shares. Keep it safe for use when you want to sell or transfer shares.

A transfer deed has two parts - the seller’s part and the buyer’s part.

Both the seller and the buyer need to fill their respective parts in order to give effect to the share sale. Besides these two, other parties involved in the transaction include the company registrar (RTA) and the government.

Step-by-step Process to Transfer Physical Shares

Step 1: Information to provide in the seller’s part of the Transfer Deed

This part will contain the following points:

• Name of the company
• Quantity both in figures and words
• Distinctive numbers
• Certificate number
• Name of the seller
• In front of the name of the seller you have his signature
• Witness name and signature

Step 2: Information to provide in the buyer's part of the Transfer Deed

When a buyer purchases shares, he reviews the share certificate along with the transfer deed already completed by the seller. The buyer then needs to complete his part by providing the following details:

• Consideration both in words and figures (which is quantity x price)
• Buyer's name and signature
• Buyer's occupation
• Buyer's address
• Date of purchase (which has to be after the date of the transfer deed)
• Stamp duty (which is 50 paise per Rs100 or part thereof on the value of consideration)

Read Also:- A Guide for Dematerialization of Physical Shares

Step 3: Share Transfer Stamp

Once the transfer deed is completed by both the buyer and the seller, the next step is to attach the share transfer stamps by the buyer. The same must be purchased with the government and can be found at a post office or stamp office or other authorized vendors.

The share transfer stamp is a way for the government to collect revenue on the transfer of shares. The value of the stamp is decided by the government upon the value of consideration for the shares.

The share transfer stamp must be attached in the space provided on the reverse side of the transfer deed.

Step 4: Sending to the Registrar

A Registrar and Share Transfer Agent (RTA) is the person or company that handles share purchase, sale and transfer tasks on behalf of the mutual fund house or company.

Upon completing the details in the transfer deed and attaching the stamp, the buyer needs to send the deed along with the share certificate and other documents (if needed), by post or in person, to the respective registrar to the company.

To find the registrar of a funds company, you can either contact the company itself or search Google for the same. Otherwise, you can also share the deed to the company’s address mentioned on the share certificate.

The documents must be sent to the registrar on or before the last date as mentioned in the transfer deed, also known as the deed’s validity.

Step 5: Transfer of Certificates

When the Registrar and Transfer Agent of the company receive such a transfer request, they will check the attached details to confirm the ownership and also match the seller’s signature with the one recorded with the company. They will also check if the consideration amount is right according to the stock’s market price and includes the stamp duty. Further, they will check that the deed validity if not over.

Upon confirming and validating all the things to their satisfaction, Registrar will transfer the shares in the name of the buyer and store the buyer’s signature as a specimen/sample in their records. They will also update their member register with the buyer’s name.

The duly endorsed share certificate is then sent to the buyer’s address, as mentioned in the documents.

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