Know Everything about Registrar and Transfer Agent and Their Services

In the simplest terms, a registrar or agent is an authorized entity or a financial institution who handles the responsibility of complete record maintenance of investors on behalf of mutual fund houses and other institutions.

Who is a Registrar & Transfer Agent?

An R&T agent maintains the detailed record of investors for the ease of mutual fund companies with the help of their multiple offices or branches located in distinct parts of the country. Therefore, the primary responsibility or role of the registrar and transfer agent includes maintaining investor records and account balances. CAMS, Karvy and SAG RTA provide some of the top Registrar & Transfer Agent Servicesin the country to investors, mutual fund companies, and other financial institutions.

RTA and their Services

Registrar & Share Transfer Agent assist mutual fund houses in processing both the financial as well as non-financial transactions of investors. Apart from this, the RTAs are also responsible for transferring final shares from the depository to investor account and informing investors about the same after the end of a particular transaction with the depository.

Apart from these, the other key services offered by RTA Agent include managing changes in investors personal data, providing information or details to investors about new fund offers, dividend paid, consolidation of folios, etc., buying/selling records, and managing all the meetings, mailing & reporting activities along with regulatory reporting on behalf of investors.

For example, SAG RTA-Rajasthan's First SEBI-approved RTA Service Provider offers a list of services to investors like:

1. Dematerialization of Securities through NSDL or CDSL depositories

1. 2. Regulatory reporting services

2. 3. Provide Information to investors about new fund offers

3. 4. Investor record keeping and transfer of securities

4. 5. Share certificate transfer

Why Mutual Fund Houses Appoint RTAs?

RTAs generally, act as a third-party service provider on behalf of mutual fund houses. Everyday mutual fund houses are required to carry out or process thousands of investor transactions like buying/selling of shares, changes in personal data, etc. Each of such transactions is expected to be recorded and maintained correctly by the mutual fund houses. However, such recordkeeping & maintenance activities consume a lot of time and resources of mutual fund houses, increasing their overall operating expenses.

Similarly, the lack of expertise and dedicated workforce also enforce mutual fund houses and other companies to outsource the investor recordkeeping and maintenance work to R & T Agent like SAG RTA, who handles such a huge amount of transactions on a professional basis.

Benefits Offered by R & T Agent to Mutual Fund Houses and Companies?

Outsourcing investor record maintenance and accounting work to R&T agents provide greater countrywide access an

• d cost savings to mutual fund houses and companies.

• As RTAs hold a countrywide network, they serve as branches for the mutual funds and also assist with sales processes.

• Usually, investors look to invest in multiple schemes of different fund houses. Therefore, for making multiple investments, investors are generally required to run around various fund houses. So, to avoid such a hassle, investors can use an R&T agent's services to conduct all their transactions. The mutual fund houses pay R&T agent money for offering services to investors on their behalf.

I advise to all the companies client & professional in related to finance, accounting, mutual funds and stocks & shares.