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1) Discount by MFUMFU is providing a 50% discount on the ‘Fee Collect’ module of MFU exclusively for ARIA Members, as below –
New Registrations on MFU Platform
- Register online at https://www.mfuindia.com/EntitySignup
- Transfer the fee of INR 1,573.00 (refer to break-up below).
| RIA Fee | |
| RIA Fees from Dec 2021 to Mar 2022 | 1,333 |
| GST @ 18% | 240 |
| Net Payable to MFU | 1,573 |
Please note: If you sign up between 1-Jan-2022 to 31-Mar-2022, MFU will charge you pro-rata Rs. 1180 (refer to break-up below)
| RIA Fee | |
| RIA Fees from Jan 2022 to Mar 2022 | 1,000 |
| GST @ 18% | 180 |
| Net Payable to MFU | 1,180 |
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Transfer fee Via NEFT to the below account (refer to bank details provided below)
Beneficiary Name
| MF Utilities India Pvt Ltd | |
| Beneficiary Account Number | 188805000058 |
| Beneficiary IFSC | ICIC0001888 |
| Beneficiary Bank | ICICI Bank Ltd |
| Beneficiary Branch | Kolshet Road, Thane (West) |
- Write to MFU for FEE Collect via CenCoM from their MFU Back office login under General >> CenCoM >> Query – RIA/ eCollect Related and request to give ARIA special rates. Along with a screenshot for debit proof, Cheque copy and GST details (if GST is not required then RIA need to mention in CenCoM that “I/we am/are not in GST Purview”)
- MFU will validate* and activate on a T+2 basis (max.)
Please note that if you are already registered on MFU Platform and need to activate the Fee Collect facility, then you can start from Step 2 above.
* MFU will validate ARIA members on the ARIA website: https://aria.org.in/members-directory/
In case of any queries or clarification needed from MFU, please reach out to Manish on +91 8652534458 or Vikram on +91 9867053463 from the MFU team.
2) Compliance Forum
ARIA has collaborated with CA Sanjay Kadel from Sanjay Kadel & Co. to be our Compliance Forum Expert.
ARIA members can send their compliance queries to membership@aria.org.in with the SUBJECT LINE: COMPLIANCE QUERY.
These questions will be compiled and answered at a regular intervals by publishing them on the ARIA website.
Please note that the queries shall be in connection to the IA Regulations and SEBI Guidelines – relevant to the Registered Investment Advisers (Individual / Non-Individual) only.
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