RTA Expertise for Mutual Fund Houses and Investors

Mutual Fund investment is nowadays becoming a common practice as people aim for profits other than their earnings. Mutual Fund is one of the busiest marketplaces as it is crowded with investors buying, selling and switching shares on a daily basis. Well, all such transactions need verification from related mutual fund houses.

It is the prime duty of the mutual fund house to maintain and process the huge database of transactions done by investors on a daily basis. Are they capable of doing such a hectic task or do they outsource such tasks? If they outsource the task then who is responsible for accomplishing the task?

Mutual Fund houses alone cannot manage the processing of the transactions done by investors. They assign the job to the Registrar and Transfer Agent (RTA). RTA on behalf of the mutual fund house maintains the records of the financial and non-financial transactions by investors and provides investment-related assistance to the investor clientele of the company.

Registrar & Share Transfer Agent (RTA)

As prescribed by SEBI, every Mutual Fund Company is required to maintain its investor’s transaction data. Everyday transaction management is a hectic and time-consuming task for mutual fund houses, therefore they voluntarily transfer such job roles to RTA service providers. It takes skilled manpower to manage the records at the same time assist clients with sound investment opportunities. Some of the popular Registrar and Share Transfer Agent are SAG RTA.

RTA’s take over the hectic tasks of maintaining the transaction records, verifying and communicating those records to relevant authorities. RTAs also work as an intermediary between the investor and the mutual fund house.

What are the Roles and Responsibilities of a Registrar and Transfer Agent?

Authorized by SEBI, such organizations are inclined towards giving proper assistance to investors as well as mutual fund houses. RTAs provide professional assistance to fund houses, publicly traded companies, and other financial institutions.

Read Also:- Narrative on Rajasthan’s 1st Registrar and Transfer Agent Service Provider; SAG RTA

Responsibilities of Registrar and Share Transfer Agent Towards:

Investor

1. Foremost of all RTA is a one-stop solution for the investment-related issues faced by an investor. Operating as single-window management they help investors with day-to-day transactions like buying, selling or switching units, receive detailed account statements, etc. at mutual fund houses.
2. RTA services are widely known for informing or updating investors about sound investment opportunities and schemes, consolidating their portfolio, paying dividends, and much more
3. RTA is responsible for providing full-fledged guidance to the investors whether it is informing about profitable schemes or any other investment-related query.

Mutual Fund Company

1. Associated with every mutual fund company, RTAs are widely known for their services related to processing thousands of financial and non-financial investor transactions.
2. They operate through their well-established offices in different parts of the country so that they can reach out to clients present in every corner of the nation.

Read Also:- Learn About SAG RTA Latest Registrar and Transfer Agent Services

How a Registrar & Transfer Agent service is beneficial for Investors and Mutual Fund Houses?

Investors

• RTA services allow investors to manage their transactions and invest in multiple mutual funds with zero hassle.
• For Investors, it is convenient to get associated with multiple fund houses for exploring better fund schemes, new offers, and other investment-related information, via an authorized R&T agent.
• RTAs assist Investors with all the legal formalities like KYC verification, link folio with Aadhar, etc.

Mutual Fund Companies

• Hiring an R&T Agent to manage investor’s transactions can be a cost-effective measure for any Mutual Fund house. Companies can become immune from unnecessary operational costs and can save valuable time by outsourcing the investor’s record management tasks to a Registrar & Share Transfer Agent.
• With establishments in almost every region of the country, Registrar and share transfer agents are capable of providing country-wide access to mutual fund houses.
• Registrar and transfer agents promote the company’s (mutual fund house) products or services directly to investors.