Form 64C ready.
LP portal trusted.
SEBI-grounded fund administration for Indian AIFs — Category I, II, and III, from first close to final distribution.
Six things that eat your quarter-close.
LP onboarding never gets faster
KYC under PMLA, accreditation under AIF Regulation 13 (₹1cr commitment / net-worth tests), side-letter management for every LP who negotiated bespoke terms. Kapitalyze runs the onboarding workflow with a verification record for every LP, a DigiLocker-ready integration seam, and side-letter clauses indexed against your fund's standard terms.
Show me howCapital call ops are still in spreadsheets
Prorate by commitment, deal with the LP who wired late, chase the one who defaulted, NACH for Indian LPs vs wire for foreign — and reconcile every leg by Wednesday. Kapitalyze runs the full capital call lifecycle: notice, instruction per LP, reconciliation, default tracker.
NAV computation, LP-impatient
Monthly for Cat-III funds, quarterly for Cat-I and II — and the LP wants the statement the day after close. Kapitalyze runs NAV from portfolio valuations (held-at-cost vs FMV by IPEV) to fund-level NAV to LP-level capital account, with the LP-statement out the door the same day.
Distribution waterfall, side-letter-aware
European vs American, hurdle catch-up, GP carry, and the three LPs who negotiated a lower carry split in the side letter. Kapitalyze models the waterfall with side-letter overrides baked in, runs the exit, and produces LP-by-LP distribution statements.
Form 64C / 64D deadlines
Every Cat-I/II distribution needs each LP's income split by character for Form 64C — issued to every LP, resident or non-resident — plus the fund's own consolidated Form 64D filing to the tax department, both against tight June deadlines. Kapitalyze pre-fills both straight from the waterfall's return-of-capital-vs-gains split, ready for your compliance team to verify and file.
LP reporting cadence drifts
PCAP every quarter, capital account statement, MIS, side-letter-specific reports for the institutional LPs — and somewhere along the way the template diverges from your fund admin's version. Kapitalyze publishes LP reports per LP per cadence with a single template under control.
Five rituals,
every fund, every quarter.
Capital call lifecycle
Issue the call notice from commitments, Kapitalyze prorates against each LP's unfunded, generates wire/NACH instructions per LP, runs the reconciliation against bank receipts, flags defaults, and lands the entries in the GL. The full cycle from notice to GL posting on one timeline.
NAV closing
Portfolio company valuations (held-at-cost or fair-value per IPEV guidelines), fund-level NAV roll-up with management fee accrual and carry attribution, LP-level capital account update, currency translation where applicable, and PCAP generation. The full quarter-close NAV machine.
Distribution waterfall modelling
Model the exit before you call it. European waterfall by default, switchable to American (deal-by-deal), with hurdle catch-up, GP carry, and side-letter overrides for LPs who negotiated bespoke terms. Run the model, share with LPs in their portal, lock the waterfall when the exit closes.
LP reporting cadence
PCAP, capital account statement, MIS, side-letter-specific reports for the institutional LPs — auto-published per LP per cadence to their portal, with read receipts. One template under your control, no template drift between your fund admin and your investor relations team.
Form 64C / 64D pre-fill
Every LP's return-of-capital vs. gains share of every distribution, pre-filled into their Form 64C investor statement regardless of residency, plus the fund's single Form 64D summary filed with the tax department — both pre-filled from the same waterfall numbers that drove the distribution, ready for your compliance team to verify against the current official template before filing.
Six surfaces. One fund spine.
Fund OS
Fund formation, commitments, NAV, GP/LP economics.
LP Portal
Capital accounts, distributions, documents per LP.
Capital Calls
Notice to NACH/wire to reconciliation to GL.
Waterfall
European, American, side-letter-aware modelling.
Oris AI
Ask SEBI / IPEV / DTAA questions instantly.
SEBI Reporting
Form 64C/64D, quarterly filings, Cat-III NAV.
Capital call to GL post should be a workflow, not a three-day spreadsheet relay. Issue the call, reconcile the receipt, post to ledger, and let Form 64C generate itself from the waterfall.
Straight answers.
Does it generate Form 64C / 64D?+
It pre-fills both. Form 64C is the per-LP investor statement every LP receives, resident or non-resident alike; Form 64D is a separate, single fund-level summary the AIF files with the tax department, consolidating every LP's figures for the period. Both are computed from the same waterfall numbers Kapitalyze already tracks. Your compliance team verifies the pre-fill against the current official template before issuing anything to an investor or filing with the tax department.
Can I model side letters and bespoke LP terms?+
Yes. Side-letter clauses are indexed against the fund's standard terms and applied as overrides in capital calls, waterfall, and LP statements. A lower carry split, a fee discount, a no-fault divorce right — each clause is rule-coded and audited.
European waterfall by default — can I switch to American?+
Yes. European (whole-fund) is the default for Indian Cat-I and II AIFs. Switch to American (deal-by-deal) at the fund level if the PPM allows, or run both side by side for scenario modelling. Hurdle catch-up rules and GP-clawback math are configurable per fund.
How does it handle the Cat-III SEBI quarterly NAV requirement?+
Cat-III funds get the quarterly NAV publication workflow: portfolio valuation roll-up (mark-to-market for listed, IPEV for unlisted), fund-level NAV with management-fee and performance-fee accruals, LP-level capital account update, and the quarterly SEBI reporting pack. NAV publication to the LP portal on T+1.
What about FATCA / CRS reporting for foreign LPs?+
FATCA Form 8966 and CRS XML reporting are supported for foreign LPs with US or other CRS-participating jurisdictional indicia. Self-certification collected at onboarding, classification persisted, annual reporting packs generated for direct filing or for handoff to your fund admin.
Does the LP portal support DPDP-Act-compliant data access for Indian LPs?+
Yes. Indian LPs get full DPDP-Act-compliant data access rights — copy of personal data on demand, consent management, withdrawal of consent, grievance redressal officer routing. Audit log on every data access. Foreign LPs covered under their relevant frameworks (GDPR, CCPA).
First close to
final distribution. One platform.
Bring your PPM, your commitment register, and your last quarter's waterfall. We onboard the fund in the trial and you decide.