Lares Softech Pvt Ltd defines you the Hedge fund and its regulations in India, Lares Softech is also the Hedge Fund based company which is located in Noida. It says in the Indian capital market scenario we have heard about Portfolio management, Mutual funds, chit funds but these terminologies are old now. Now the new type of entity and fund management that is emerging is the Hedge Funds.
Lares Softech is into the Hedge Fund service it says, Hedge fund is also a fund management organization where the money is managed with the help of algotrading and quant trading. These hedge fund also accepts money like and ordinary fund but there are difference in the fund management or the investment management.
The Hedge Funds are regulated by the Securities and Exchange Board of India through its regulations called “ALTERNATIVE INVESTMENT FUND REGULATIONS 2012”. All the Hedge Funds operate in the category 3 of the regulations.
For getting registration as the Hedge funds in India you need to be a company or a trust. The company will apply to the Sebi for getting registration as Hedge Funds in India.
The India based company Lares Softech explains you the requirements to be fulfilled for getting the registration:
• You should have spacious office.
• You should have good infrastructure
• You should have an experienced fund management team.
• You should have some past experience of fund management.
The application fees is Rs. 1 lakh. The fee along with the document is forwarded to Sebi then it takes the time of 4 to 6 months for getting the registration. If your application is accepted then you need to pay one time license fees of Rs. 5 lakhs.
In case the application is rejected then you have right to appeal and reapply.
Once you get the registration then you step towards the scheme launch. At the launch of every scheme you pay Rs. 1 lakh as fees and some other supportive tasks are performed.
1) Hiring a fund accounting organization.
2) Hiring a custodian.
3) Hiring Kyc agencies etc.
Then you launch the scheme and raise the funds. The fund is managed using the algotrading and quant trading making the use of automated trading terminals.
Then some of the tasks to be performed are.
1) Fund accounting
2) Client reporting
3) Sebi reporting.
Generally at the end of every quarter or at the end of every month the fund accounting reports are sent to the clients.
At the end of every month the reports are send to sebi showing the fund exposure and fund under management.
You can take the leverage benefits in Hedge funds upto two times.
You cannot do currency and commodity trading in Hedge Funds.
When ever there takes place any change in the key team member then it has to be informed to sebi as well as to investors.
Lares Softech is into the Hedge Fund service it says, Hedge fund is also a fund management organization where the money is managed with the help of algotrading and quant trading. These hedge fund also accepts money like and ordinary fund but there are difference in the fund management or the investment management.
First we discuss the legal aspect of the Hedge Fund
The Hedge Funds are regulated by the Securities and Exchange Board of India through its regulations called “ALTERNATIVE INVESTMENT FUND REGULATIONS 2012”. All the Hedge Funds operate in the category 3 of the regulations.
For getting registration as the Hedge funds in India you need to be a company or a trust. The company will apply to the Sebi for getting registration as Hedge Funds in India.
The India based company Lares Softech explains you the requirements to be fulfilled for getting the registration:
• You should have spacious office.
• You should have good infrastructure
• You should have an experienced fund management team.
• You should have some past experience of fund management.
The application fees is Rs. 1 lakh. The fee along with the document is forwarded to Sebi then it takes the time of 4 to 6 months for getting the registration. If your application is accepted then you need to pay one time license fees of Rs. 5 lakhs.
In case the application is rejected then you have right to appeal and reapply.
Once you get the registration then you step towards the scheme launch. At the launch of every scheme you pay Rs. 1 lakh as fees and some other supportive tasks are performed.
1) Hiring a fund accounting organization.
2) Hiring a custodian.
3) Hiring Kyc agencies etc.
Then you launch the scheme and raise the funds. The fund is managed using the algotrading and quant trading making the use of automated trading terminals.
Then some of the tasks to be performed are.
1) Fund accounting
2) Client reporting
3) Sebi reporting.
Generally at the end of every quarter or at the end of every month the fund accounting reports are sent to the clients.
At the end of every month the reports are send to sebi showing the fund exposure and fund under management.
You can take the leverage benefits in Hedge funds upto two times.
You cannot do currency and commodity trading in Hedge Funds.
When ever there takes place any change in the key team member then it has to be informed to sebi as well as to investors.
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