An RTA Provides the Most Suitable Solution for MF Investors
A Registrar & Transfer Agent is a third-party which acts on behalf of a fund house. The R&T agent serves the mutual fund investors with its amplified network of branches throughout the nation.
These roots of R&T Agent which are expanded in different cities helps the investors in the execution of transactions, form acquirement and its submission along with transaction statements procurement. Registrar and Transfer agent is a single-window system for the needs of investors.
Here, We are briefly listing the benefits of SAG RTA - Registrar & Share Transfer Agent because of which they are referred to as a Single-Window solution for Mutual Funds investors.
An R & T agent acts as a guide for investors as it ensures that investors are updated with details of new fund offers.
An R&T agent takes care of ample transactions by investors. This transaction includes buying, selling and switching units.
An R&T agent makes a request to the bank to change the residential address or e-mail address of MF investors on their behalf.
An R&T upkeeps huge professional records of transactions done by investors or on their behalf.
The investors can not invest their valuable time on the professional maintenance of such records of transactions as it is not their core activity so most of them prefer to outsource these tasks to a third party — A R & T agency that can execute the requests or orders made by investors on a day-to-day basis. An R & T agency caters to various investors through its branches widened across the country. SAG RTA, Computer Age Management Services (CAMS) and Karvy are the three top-notch RTA Agents in India.
If we look through the eyes of mutual funds, the Registrar and Share Transfer Agent is a boon for them which saves their hard-earned money, valuable time and voluminous efforts by helping them rich to a larger number of investors and executing transactions on their behalf in compliance under different rules and acts.
Notably, the investors possess a vast portfolio and intention to invest in varied schemes of different fund houses. Registrar & Transfer Agent simplifies & automates their work and spares them with more time to invest in productive and core tasks.
In lieu of their services, the R&T agent charges some fees from the mutual fund investors. The fee depends on the volume of transactions accomplished by the mutual fund. However, being an investor you are not under any obligation to pay any charges at the Registrar and Transfer Agent’ office for your transactions.