Execution Only Platform (EOP) Registration in India

Overview

An Execution Only Platform (EOP) is a digital platform that allows investors to execute transactions in direct mutual fund plans without providing investment advice or recommendations.

Entities planning to operate an EOP must obtain registration as per SEBI and AMFI guidelines. CA Anytime provides complete assistance for EOP Registration, including eligibility evaluation, documentation, application filing, and compliance support.

What is an Execution Only Platform (EOP)?

An Execution Only Platform is an online platform that facilitates mutual fund transactions such as:

• Purchase of mutual fund units
• Redemption of mutual fund units
• Switching between mutual fund schemes

EOPs only provide transaction facilities and do not offer investment advisory services.

Categories of Execution Only Platform (EOP)

SEBI has classified EOPs into two categories:

Category 1 EOP

• Registered with the Association of Mutual Funds in India (AMFI)
• Acts as an intermediary between investors and Asset Management Companies (AMCs)
• Can provide aggregation services for direct mutual fund transactions

Category 2 EOP

• Registered as a stock broker with SEBI under the EOP segment of stock exchanges
• Operates through stock exchange platforms
• Provides direct transaction services to investors

Eligibility Criteria for EOP Registration

An applicant must fulfill the following requirements:

• Must be a body corporate
• Must meet SEBI "Fit and Proper Person" criteria
• Must obtain required AMFI/SEBI registration
• Minimum net worth requirement of ₹1 crore
• Appointment of Compliance Officer
• Minimum two qualified key managerial personnel with relevant securities market experience

Documents Required for EOP Registration

The major documents required include:

• Certificate of Incorporation
• PAN Card of Entity
• Memorandum of Association (MOA)
• Articles of Association (AOA)
• Board Resolution
• Audited Financial Statements
• Net Worth Certificate from Chartered Accountant
• Details of Directors and Key Management Personnel
• Other documents required by AMFI/SEBI

Process for EOP Registration

Step 1: Determine EOP Category

The applicant needs to decide whether to register as Category 1 EOP or Category 2 EOP based on business structure and services.

Step 2: Prepare Documentation

Required documents and compliance requirements are prepared for submission.

Step 3: Submit Application

Application is submitted to AMFI (Category 1) or SEBI/Stock Exchange (Category 2).

Step 4: Approval & Registration

After verification of eligibility and documents, registration approval is granted to operate as an Execution Only Platform.

Why Choose CA Anytime for EOP Registration?

CA Anytime provides end-to-end support for:

✔ EOP registration advisory
✔ SEBI & AMFI compliance guidance
✔ Documentation preparation
✔ Application filing assistance
✔ Regulatory support

Our experts help businesses establish a compliant Execution Only Platform for mutual fund transactions.