Edelweiss Prime Brokerage Services Guide

Contact us at: prime.brokerage@edelweissfin.com | Tel: (022) 66233482/ 40635526
Edelweiss Financial Services, Edelweiss House, Off CST Road, Kalina, Mumbai 400098 | www.edelweissfin.com
Your Gateway to Indian Capital Markets
ALTERNATIVE
INVESTMENT
FUNDS
Edelweiss Prime Brokerage Services

2
OUR OFFERINGS
Fund Setup
Advisory
India Access
Research &
Execution
Services
Fund
Accounting
Services
Custody &
Clearing
Investor
Management
Edelweiss Prime Brokerage Services meets evolving needs of Asset Managers by offering an
integrated suite of services across asset classes. From Fund Setup Advisory, Securities
Custody & Clearing, Fund Accounting, Research & Execution Services to Back Office Support, we
offer a plug and play model that suits the requirements of modern day Asset Managers. We
build trusted, long term relationships with our clients by providing objective and strategic
advice, as well as operational support to help them address their investment needs.
EDELWEISS PRIME
BROKERAGE SERVICES

• Any fund established or incorporated in India
• Privately pooled investment vehicle which collects funds from investors
• Formed as a trust or a company or a LLP or a body corporate
ALTERNATIVE INVESTMENT
FUNDS (AIF) - INTRODUCTION
AIF - CATEGORIES
CATEGORY IDETAILS CATEGORY II CATEGORY III
• Infrastructure fund
• Social venture fund
• Venture capital fund
• SME fund
Type of Funds • Funds which cannot be
categorized as Category I
AIFs or Category III AIFs
• Private equity funds or
debt funds
• Funds which employ complex or
diverse trading strategies and may
employ leverage
• AIFs such as hedge funds or funds
which trade with a view to make
short-term returns
Unlisted, start-ups
or units of other
Category I AIFs
Deployment
of Funds
Mainly in unlisted entities
or units of AIF CAT I or II
• Securities of listed or unlisted
investee companies
• Derivatives or complex or
structured products
• In units of other Category I
or II AIFs
Close endedType of Scheme Open or Close ended
3 years + max 2 years extension with
approval of 2/3rd
investors
Tenure Close ended: 3 years + max 2 years
extension with approval of 2/3rd
investors
Open ended: No tenure
Maximum 25% in single investee companyInvestment Limits Maximum 10% in single
investee company
Diversification
Provides investment
diversification - can also
invest in real estate,
unlisted shares, derivatives
and structured products
Pooling of funds
Enables an Investment
Manager to privately
pool the funds & provides
better investment avenues
Benefit of
leveraging
Leverage allowed under
Category III AIF - which may
generate higher returns as
compared to other pooled
investment options
Higher returns &
reduced cost
Potential to provide higher returns
by deploying complex or diverse
strategies. Saves on the transaction
cost as compared to investing
through individual account
ADVANTAGES OF AN AIF STRUCTURE

AIF
• Private pooling vehicle
• Incorporated as a Trust/
LLP/Company
NAV based
Minimum 3 years
Not more than 1,000
investors
INR 1 crore
PARTICULAR
Structure
Valuation Criteria
Min. Tenure
Number of Investors
Minimum
Investment by
Investors
• Category I and II AIFs -
close ended
• Category III AIF can
be both closed ended
and open ended
Fund Types
Minimum corpus of
INR 20 crores
Minimum Corpus
MUTUAL FUND
NAV based
No minimum tenure
No such ceiling
As mentioned in the
oﬀer document
• Fund established to raise
monies through sale of
units to the public
• Set up as a trust, which has
sponsor, trustees, asset
management company
Closed ended or
open ended funds
There is no speciﬁc
requirement
No NAV calculation. Stocks
are held in individual
name of the investor
No minimum tenure
No such ceiling
INR 25 lacs
PORTFOLIO
MANAGEMENT
SERVICES
Non – pooled; individual
account structure
PMS can be discretionary
or non discretionary
requirement
AIF vs PMS vs MUTUAL FUND
Fund
Management
ELIGIBLE INVESTMENTS
Investment manager
Execute trust
deed for fund
set up
SEBI shall on rececipt
of the registration fee,
grant AIF registration
Appointment of the
Trustee, Tax Consultant
Legal & Custodian
On receipt of SEBI approval,
the applicant must pay
registration fees
Apply with SEBI for
registration in form A &
application fees to SEBI
Execute
Contribution
Agreement
SEBI shall approve
the application &
inform the applicant
1 2 3 4
5
678
GETTING REGISTERED
(Indian, Foreign national & non resident)
Minimum one crore per investor
INVESTORS
Cat I & II: Minimum of 2.5% of corpus or INR 5 crs
Cat III: Minimum of 5% of corpus or INR 10 crs
AIF STRUCTURE
Trustee
Custodian
Minimum corpus INR 20 crs
with max 1000 investors
FUND
SPONSOR
Execute Investment
Management
Agreement

AIF
• Private pooling vehicle
• Incorporated as a Trust/
LLP/Company
NAV based
Minimum 3 years
Not more than 1,000
investors
INR 1 crore
PARTICULAR
Structure
Valuation Criteria
Min. Tenure
Number of Investors
Minimum
Investment by
Investors
• Category I and II AIFs -
close ended
• Category III AIF can
be both closed ended
and open ended
Fund Types
Minimum corpus of
INR 20 crores
Minimum Corpus
MUTUAL FUND
NAV based
No minimum tenure
No such ceiling
As mentioned in the
oﬀer document
• Fund established to raise
monies through sale of
units to the public
• Set up as a trust, which has
sponsor, trustees, asset
management company
Closed ended or
open ended funds
requirement
No NAV calculation. Stocks
are held in individual
name of the investor
No minimum tenure
No such ceiling
INR 25 lacs
PORTFOLIO
MANAGEMENT
SERVICES
Non – pooled; individual
account structure
PMS can be discretionary
or non discretionary
requirement
AIF vs PMS vs MUTUAL FUND
Fund
Management
ELIGIBLE INVESTMENTS
Investment manager
Execute trust
deed for fund
set up
SEBI shall on rececipt
of the registration fee,
grant AIF registration
Appointment of the
Trustee, Tax Consultant
Legal & Custodian
On receipt of SEBI approval,
the applicant must pay
registration fees
Apply with SEBI for
registration in form A &
application fees to SEBI
Execute
Contribution
Agreement
SEBI shall approve
the application &
inform the applicant
1 2 3 4
5
678
GETTING REGISTERED
(Indian, Foreign national & non resident)
Minimum one crore per investor
INVESTORS
Cat I & II: Minimum of 2.5% of corpus or INR 5 crs
Cat III: Minimum of 5% of corpus or INR 10 crs
AIF STRUCUTRE
Trustee
Custodian
Minimum corpus INR 20 crs
with max 1000 investors
FUND
SPONSOR
Execute Investment
Management
Agreement

HOW WE CAN HELP - ONE STOP SHOP
One of the largest institutional research
teams – 60+ professionals
Covering 215+ companies across
various sectors
Soft coverage of more than 500+ companies
SEBI Registered Custodian
Offering tailor-made custody & asset
servicing solution
Trade settlement, electronic safekeeping
of securities, trade processing
CUSTODY &
CLEARING SERVICES
EXECUTION
SERVICES
Team of professionals to ensure
efficient execution
Large diversified client base –
actively servicing 600+ client
Strong technology backbone
FUND SETUP
ADVISORY
End to end fund set up advisory
Strong connect in ecosystem
RESEARCH SERVICES
FUND ACCOUNTING
SERVICES
Compliance reporting
Capital gain calculation and reporting
at fund level
Calculation and reporting of daily NAV
for the entire fund hierarchy
INVESTOR
MANAGEMENT
Capture investor records including KYC
details and commitment amount
Drawdown tracking, notices and reminders
Investor statement with holding and
transaction details

HOW WE CAN HELP - ONE STOP SHOP
One of the largest institutional research
teams – 60+ professionals
Covering 215+ companies across
various sectors
Soft coverage of more than 500+ companies
SEBI Registered Custodian
Offering tailor-made custody & asset
servicing solution
Trade settlement, electronic safekeeping
of securities, trade processing
CUSTODY &
CLEARING SERVICES
EXECUTION
SERVICES
Team of professionals to ensure
efficient execution
Large diversified client base –
actively servicing 600+ client
Strong technology backbone
FUND SETUP
ADVISORY
End to end fund set up advisory
Strong connect in ecosystem
Compliance reporting
Capital gain calculation and reporting
at fund level
Calculation and reporting of daily NAV
for the entire fund hierarchy
RESEARCH SERVICES
FUND ACCOUNTING
SERVICES
INVESTOR
MANAGEMENT
Capture investor records including KYC
details and commitment amount
Drawdown tracking, notices and reminders
Investor statement with holding and
transaction details

The Edelweiss Group is one of India's leading diversified financial services company
providing a broad range of financial products and services to a substantial and diversified
client base that includes corporations, institutions and individuals. Edelweiss's products
and services span multiple asset classes and consumer segments across domestic and
global geographies.
EDELWEISS GROUP:
GROWTH THROUGH
SYNERGISTIC DIVERSIFICATION
Life Insurance
DCM & Retail Finance
Corporate Loans
Institutional Equities
Wealth Management
Investment Banking
Retail Asset Management
ARC
Alternative Assets
Corporate Loans
Retail Asset Management
Alternative Assets
Investment Banking
Investment Banking Investment Banking
1996-2000 2000-2004 2004-2008 2008-2016
Agri Services
FX & Rates
Prime Brokerage

Edelweiss Prime Brokerage Services Guide

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