Kubermint Fund Suite

Automation for fund managers and administrators running traditional and tokenized funds across India, GIFT IFSC, the UAE (DIFC, ADGM and mainland), Saudi Arabia and Singapore. One data model, one double-entry ledger, one hash-chained audit trail.

NAV strike

What a fund sees
Fund
Kubermint Growth Fund I (demo), DIFC closed-ended PE
Books
IBOR provisional; ABOR official; PBOR time-weighted
NAV per class
Class A 1.0842; Class B 1.0791; per-class fees and side letters applied
Sources
12 journals, 3 valuations, 2 price ids; every figure linked to its inputs
Statements
IFRS, Ind AS and SOCPA layouts from the same trial balance
Approval
Struck by ops, released by checker; self-approval blocked
Audit
Append-only, hash-chained; GET /api/audit/verify recomputes the chain
Status
Demo data
0modules on one ledger
0API operations
0scheduled automations
0backend tests, passing on SQLite and PostgreSQL
01

The ten modules

Each module posts to the same general ledger through a shared chart of accounts mapped to IFRS, Ind AS and SOCPA lines, so NAV, capital accounts, filings and AI answers cannot disagree with each other.

ModuleWhat it automates
Fund administrationFunds, share classes, investors, commitments with side letters enforced in code, unit register, subscriptions and redemptions, management fee engine
Fund accounting and NAVGeneral ledger with IBOR and ABOR books, trial balance, IFRS, Ind AS and SOCPA statements, revaluation, NAV strike with per-class NAV and full source lineage
ReconciliationBank, custodian and position reconciliation, exception-first break queue, overnight job
LP managementCapital accounts, net IRR, TVPI, DPI and RVPI, drawdown and distribution notices, capital and tax statements (Form 64C layout for Indian funds), LP portal with document signing
Capital operationsCapital call allocation on unfunded commitment with excused investors, European and American waterfalls with hurdle and catch-up, withholding tax, payment instructions, ISO 20022 pain.001 bank files, maker-checker on every cash movement
Portfolio managementTrades, prices, positions, gross and net performance, exposure, portfolio-company KPI ingestion with anomaly detection
ValuationsDCF, trading comparables, precedent transactions, option pricing model with Black-Scholes breakpoints, last round, blended; version history, sensitivity tables, approval to price, valuation memo
Regulatory complianceRule packs per jurisdiction with citations, continuous breach monitoring, filing calendar, regulator-native filing payloads rebuilt from source data and verifiable later
AML and KYCDocument checks, UBO chain flattening, fuzzy sanctions and PEP screening, wallet screening, risk scoring and review cycles, scheduled rescreening
AI analyticsGrounded questions over fund data with cited sources; LP letter, NAV commentary, IC memo and board pack drafts that need human approval. Uses Claude when a key is set, a deterministic engine otherwise
Tokenized assetsOn-chain event ingestion by push or JSON-RPC pull, event-driven settlement from IBOR to ABOR on finality, stablecoin cash, fund share-class token accounting, 24/7 NAV per token, on-chain versus register reconciliation, ERC-7943 fund token contract
02

Principles carried through every module

  1. 1

    One ledger

    Every module posts to the same double-entry general ledger. NAV, capital accounts, filings and AI answers all read from it.

  2. 2

    Nothing financial is edited in place

    Journals are corrected by reversal. Valuations and NAV snapshots are versioned. The audit log is append-only and hash-chained; one call recomputes the chain and reports the first tampered row.

  3. 3

    Two clocks

    Business-effective time is stored separately from system time, so the platform answers both "what was the NAV on 30 June" and "what did we believe the NAV was when we filed on 15 July".

  4. 4

    Three books

    IBOR holds provisional, real-time positions including on-chain transfers below finality. ABOR is the settled, official view. PBOR adds time-weighted returns from NAV snapshots.

  5. 5

    Four eyes on money

    Capital calls, distributions, redemptions and payment releases execute only when a different user with the checker role approves. Valuation approval, filing sign-off and AI drafts also block self-approval.

  6. 6

    Automation with evidence

    Every scheduled run is recorded with its output, and automated numbers carry their source references (journal ids, snapshot ids, price ids, transaction hashes) so an auditor can walk from a figure back to its inputs.

03

Tokenized funds in the same engine

Traditional and tokenized instruments share one accounting engine and one system of record, with multi-book treatment, event-driven settlement instead of overnight batches, and one bitemporal audit trail.

Event ingestion

On-chain events arrive by webhook from an indexer or custodian, or by pull over JSON-RPC. Ingestion is idempotent on chain, transaction hash and log index, and the sync cursor never passes head minus the confirmation threshold, so reorganizations are handled.

Classification and settlement

Each event is classified: fund-token mint, burn, LP-to-LP transfer, stablecoin cash in or out, tokenized asset purchase or sale, yield, gas. Trades below finality post to IBOR; at the confirmation threshold they settle to ABOR. Fund-token and stablecoin events post only at finality.

Compliance at the wallet

Transfers to wallets that are not whitelisted, are frozen, or belong to investors without approved KYC are refused and recorded as compliance exceptions.

Continuous NAV and reconciliation

An indicative NAV per token strikes around the clock from intraday prices; an official strike revalues first. Reconciliation compares token supply and holder balances with the unit register, stablecoin balances with the cash account, and asset token balances with positions.

04

Automations

Ten scheduled jobs. Each run is recorded with its output.

JobScheduleWhat it does
NAV strikeDailyOfficial NAV for daily and continuous funds
Continuous NAVEvery 15 minutesIndicative 24/7 NAV for tokenized funds
Overnight reconciliation01:00 UTCCash reconciliation for every fund, breaks to the queue
Fee accrualMonthlyManagement fee accrual per LP with side-letter terms
Call overdue monitorDailyFlags capital call allocations past due
Compliance monitorDailyRuns all rule packs, opens or updates breaches
Filing calendarDailyMarks overdue filings, lists those due in 14 days
KYC rescreenDailyRescreens cases due for review, expires overdue investors
KPI anomaly scanDailyFlags portfolio-company KPI anomalies
On-chain syncEvery 5 minutesPulls chain logs when an RPC is configured, then processes open events
05

Who uses it

Operations (maker)

Strikes NAV, raises capital calls and distributions, runs reconciliation, prepares filings.

Checker

Approves every cash movement, valuation, filing and AI draft. Must be a different person from the maker.

Compliance

Owns rule packs, breach queue, KYC cases and rescreening cycles.

Investor relations

Notices, statements, LP letters and board packs, with drafts grounded in ledger data.

Limited partners

A portal showing only their own capital account, notices, statements and documents to sign.

Administrator and viewer

Configuration, user management and read-only access for auditors and the board.

Regulatory rule packs ship with citations, and every threshold is an editable parameter. Packs whose references are marked for verification are reviewed with your counsel or compliance officer before being relied on. The demo loads two fictional funds: a DIFC closed-ended PE fund with side letters, a capital call, quarterly NAVs, a partial exit and a bank reconciliation with planted breaks, and an ADGM evergreen tokenized fund with an on-chain subscription in USDC and a delivery-versus-payment purchase of a tokenized T-bill that settles on finality.

See the console with your fund in it

Send us a fund structure and a recent NAV pack. We will load it into a sandbox and walk your team through the modules that apply.