Investment Management Services

 

i) Investment Management Services: 

Various Services offered to Corporates, Charitable Trusts, Provident Fund, Pension and Gratuity Fund Trusts and other entities are as follows:

  • Current Portfolio Structure Analysis
  • Review of Portfolio Cash flow and Liquidity requirements
  • Portfolio restructuring strategies based on future outlook
  • Specific strategies according to Portfolio sub-limits/sectors based on Internal guidelines
  • Assisting in the formulation/designing of internal policies/guidelines and systems for the Investments, Risk Management and Asset & Liability Management
  • Assisting in creating Liquidity for fund requirement
  • Assisting in deploying the surplus funds as per company’s policy
  • Keeping a tab on the relevant upcoming issues/investment avenues
  • Liaison with various other market intermediaries for sale/purchase of securities (GSec, CDs,
  • Bonds, Debentures etc)
  • Assisting in Valuation of portfolio at different benchmark levels.
  • Monitoring the performance of Portfolio
  • Assistance in Analyzing the Portfolio by Stress Testing & Scenario Analysis
  • Providing feedbacks and assisting in preparing the notes and minutes for Investments/disinvestments.
  • Assistance with regard to Asset Liability Management of the Portfolio
  • Assistance with regard to Risk Management of Portfolio

 

ii) Other Services 

Other Services offered related to old Investments in Shares/Debentures/Mutual Funds etc. are as follows:

 

  1. Retrieving of shares from IEPF: As per recent circulars by SEBI, any Shareholder who has not claimed consecutive dividends for the past 7 years, will have their shares transferred to IEPF (Investor’s Education and Protection Fund) Account. IEPF has its own formats and procedure to comply with. Though the regulatory bodies have established stringent filtering/screening processes to stop fraudulent claims of Shareholders, but on the contrary, it has also increased the problems of genuine Shareholders.
  2. Issuance of Duplicate Share Certificate: Such situation arises when the shareholder has lost his/her shares to negligence or due to wear and tear. Shareholders can get duplicate shares issued with respective RTA’s after complying with their requisite formats of indemnity and affidavit and furnishing one or more sureties. There are several layers of scrutiny w.r.t to the papers submitted by the Shareholder.
  3. Succession/Transmission: In case of death of the Investor, who has passed away without leaving a Registered Will, the Legal Heirs have to obtain Succession Certificate/ Probate of Will/ Letters of Administration from the competent court to establish genuine claims over the shares. The Succession Certificate from the court is only required when the value of shares exceeds Rs. 2 Lakh. For cases where value of shares does not exceed Rs. 2 Lakh, SEBI allows the Legal Heirs to claim these shares after completing the due process of respective RTAs.
  4. Name Correction: Name corrections are required due to differences in spelling or change of name or surname or all of them. When these investments were made earlier, there were not enough stringent measures to crosscheck transfer deeds with ID Cards. With stricter norms today, concerned authorities asks for similarity in the names on all ID Cards. Investors have to follow stringent procedures to establish one’s identity. Further, the major difference in names call for Gazette notification and paper advertisements.
  5. Signature Verification: This is a common issue faced by most shareholders. Signatures changed due to flow of writing, age age-related issues and passage of time .Investors’s signatures should be updated and should ideally match with their signatures in their bank accounts, Pan Card and Demat account.
  6. KYC Update: As per recent SEBI circular KYC updation is mandatory for all the investments including physical shares. Non-Compliance might result in non-receipt of future dividends, annual reports and subsequent transfer of shares to IEPF Account.