Trustee for Funds
Vistra ITCL provides trusteeship services to over 50% of alternate investment funds registered with SEBI in India. As the largest trustee to funds in India, Vistra ITCL significantly contributes to the development of funds market in India through expert advisory and effective risk management solutions.
SEBI's AIF Regulations issued in 2012 regulate all forms of vehicles set up in India for pooling of funds from investors, Indian or Foreign, on a private placement basis.
For India as an increasingly attractive Investment destination, Vistra ITCL offers comprehensive one-stop solutions for both domestic and international fund managers, including:
- Structure advisory for fund set up for tax and regulatory perspective
- Documentation services
- Drafting of trust deed, investment management agreement, contribution agreement
- Assistance in finalising private placement memorandum
- Acting as corporate trustee
- Handholding clients through the entire registration process
- Drafting and filing of fund application with SEBI
- Co-ordination with regulators
- Annual administration services
- Fund administration