SEBI CSCRF Wizard

Stock Exchange

Depository

Clearing Corporation

KYC Registration Agency (KRA)

Recategorised from MII to Qualified RE in Apr 2025 (CIR/2025/60 §2.5).

Stock Broker

Depository Participant — also a Stock Broker

Depository Participant — not a Stock Broker

Always Qualified RE per Apr 2025 (CIR/2025/60 §2.2).

Custodian

Registrar & Share Transfer Agent (RTA)

Merchant Banker

Individual Investment Adviser

Individual IAs excluded from CSCRF (Apr 2025).

Non-individual Investment Adviser

IAs not registered in another SEBI category → exempt. Otherwise highest of other categories. Reporting authority is BSE Ltd (5 yrs from 25-Jul-2024).

Research Analyst

Non-registered RAs → exempt (SaaS declaration only). Institutional RAs in another category → tier of that other category. Reporting to BSE Ltd.

Credit Rating Agency (CRA)

Debenture Trustee

Banker to an Issue / SCSB

Special — submit RBI cyber compliance certificate to SEBI; if listed, also intimate Stock Exchanges.

Designated Depository Participant (DDP)

DDP categorisation = highest of DP and Custodian. Defaults to QRE; refine in result if you also operate as a broker or have a tier-driving Custodian footprint.

AMC / Mutual Fund

Portfolio Manager

AIF + VCF (manager-level combined corpus)

Apr 2025 (§2.7): categorisation at the MANAGER level. Sum of corpus across all AIFs + VCFs + schemes managed by the same manager.

Collective Investment Scheme (CIS)

FPI · FVCI · LPCC · QDP · REIT/InvIT · Vault Manager

These categories are excluded from CSCRF entirely.