Fund Accounting

ICICI Bank provides discretionary fund accounting services as a value addition to our custody clients. Services offered are:

  • Investment Accounting: For all purchases and sales along with the profit and loss
  • Valuation for all securities: Equity, debt, gilt, money mark instruments, derivatives etc
  • Unit Capital Accounting: For recording capital inflows and outflows from the fund/portfolio
  • Income and expense accounting: Daily accruals
  • NAV Computation
  • MIS and Regulatory Reporting
  • Reconciliation: Reconciliation with third parties like registrar, bank or custodian
  • Regulatory reporting
  • Insurance Regulatory and Development Authority (IRDA)
  • Reserve Bank of India (RBI)
  • Securities and Exchange Board of India (SEBI)

Constituent Subsidiary General Ledger (CSGL)

CSGL facilitates large banks and financial institutions to hold their investments in Government securities and Treasury bills in the electronic book-entry form. Such institutions can settle their trades for securities held in SGL through a Delivery-Versus-Payments (DVP) mechanism, which ensures movement of funds and securities simultaneously. ICICI Bank offers opening of SGL accounts and facilitates investment in Government Securities and T- Bills.
Services offered are:

  • Trade Confirmation & Settlement
  • Dematerialisation and Rematerialisation: Conversion of physical certificates into the electronic book entry format and vice versa
  • Corporate Action: Tracking and collection of corporate benefit entitlements.
    This also includes:
  • Primary Market Auctions
  • Open Market Operations/ Value Free Transfer
  • Calculation of Interest and Redemption

Our Core Strengths

  • Fully Integrated Fund and Settlement system eliminating settlement risk
  • Completely web based reporting
  • Experienced Relationship Managers available for extended hours

Contact

Mr. Manish Jain
Business Head – Custody Business and Capital Markets
Corporate Head Office,
ICICI Bank Towers,
North Towers – 4th Floor, West Wing,
Bandra Kurla Complex,
Bandra (East),
Mumbia -400051
Email : manish.jain@icicibank.com
Phone (Direct) :+91 22 40086505
Mobile: +91 9930061593
Fax : +91 22 26531206

 

Ms. Jayashree K
Operation Head – Securities Market Services
Centralised Trade Services Unit,
Empire Building,
414 – Senapati Bapat Marg,
Lower Parel - West,
Mumbai – 400013
Email: jayashree.k@icicibank.com
Phone (Direct) :+91 22 66672005
Mobile: +91 7400086991
Fax: +91 22 66672779 / +91 22 66672740