Ch.2 · Advantages and Limitations of Mutual Funds · easy
What is the role of the Registrar and Transfer Agent (RTA) in a mutual fund?
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EXPLANATION
The RTA (Registrar and Transfer Agent) maintains investor records, processes purchase/redemption/switch transactions, issues account statements, handles KYC records, and manages unit holder services like change of address, nomination, and transmission. CAMS and KFintech (formerly Karvy) are the two major RTAs in India.
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