SEBI Registered Collective Investment Management Company CIMC
A Collective Investment Management Company CIMC is an entity registered with the Securities and Exchange Board of India SEBI under the SEBI Collective Investment Schemes Regulations, 1999 to manage and operate Collective Investment Schemes CIS. These schemes involve pooling funds from investors to invest in specific assets or projects, with returns shared proportionately among investors.
Key Features of a SEBI Registered CIMC:
Mandatory SEBI Registration: Only a company registered with SEBI as a CIMC can launch and operate collective investment schemes in India.
Capital Requirement: The company must have a minimum net worth of ?5 crore, with at least ?3 crore maintained at all times.
Exclusive Business Activity: CIMC must carry out only CIS-related activities, ensuring transparency and accountability.
Trustee Structure: Each scheme is required to be launched through a trustee company to safeguard investor interests.
Regulatory Oversight: SEBI monitors CIMCs to ensure compliance, investor protection, and proper management of funds.
Eligibility Criteria to Become a CIMC:
Must be a company incorporated under the Companies Act, 2013.
Main objective in the Memorandum of Association MoA must be to carry on the activity of collective investment management.
Promoters and directors must meet SEBI&rsquos &ldquofit and proper&rdquo criteria.
Minimum net worth of ?5 crore at the time of registration.
Strong infrastructure, experienced management, and compliance framework.
Why Choose Corpzo for CIMC Registration
At Corpzo, we provide end-to-end assistance for businesses planning to register as a SEBI approved CIMC, including:
Guidance on eligibility and structuring.
Drafting MoA, trust deeds, and legal documentation.
Filing the SEBI application and coordinating approvals.
Compliance management and ongoing regulatory support.
???? With Corpzo, you get expert support to navigate SEBI&rsquos regulatory framework and set up a legally compliant Collective Investment Management Company in India.
SEBI Registered Collective Investment Management Company CIMC
A Collective Investment Management Company CIMC is an entity registered with the Securities and Exchange Board of India SEBI under the SEBI Collective Investment Schemes Regulations, 1999 to manage and operate Collective Investment Schemes CIS. These schemes involve pooling funds from investors to invest in specific assets or projects, with returns shared proportionately among investors.
Key Features of a SEBI Registered CIMC:
Mandatory SEBI Registration: Only a company registered with SEBI as a CIMC can launch and operate collective investment schemes in India.
Capital Requirement: The company must have a minimum net worth of ?5 crore, with at least ?3 crore maintained at all times.
Exclusive Business Activity: CIMC must carry out only CIS-related activities, ensuring transparency and accountability.
Trustee Structure: Each scheme is required to be launched through a trustee company to safeguard investor interests.
Regulatory Oversight: SEBI monitors CIMCs to ensure compliance, investor protection, and proper management of funds.
Eligibility Criteria to Become a CIMC:
Must be a company incorporated under the Companies Act, 2013.
Main objective in the Memorandum of Association MoA must be to carry on the activity of collective investment management.
Promoters and directors must meet SEBI&rsquos &ldquofit and proper&rdquo criteria.
Minimum net worth of ?5 crore at the time of registration.
Strong infrastructure, experienced management, and compliance framework.
Why Choose Corpzo for CIMC Registration
At Corpzo, we provide end-to-end assistance for businesses planning to register as a SEBI approved CIMC, including:
Guidance on eligibility and structuring.
Drafting MoA, trust deeds, and legal documentation.
Filing the SEBI application and coordinating approvals.
Compliance management and ongoing regulatory support.
???? With Corpzo, you get expert support to navigate SEBI&rsquos regulatory framework and set up a legally compliant Collective Investment Management Company in India.
