Company: TOP
Filing Date: 2025-04-04
Form Type: CORRESP
Source: 0001213900-25-029015
Chunk: 0

Company: TOP Financial Group Ltd
Filing Date: 2025-04-04
Form: CORRESP
Chunk 0
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<div align='center'>TOP Financial Group Limited

118 Connaught Road West

Room 1101

Hong Kong</div>

April 4, 2025

VIA EDGAR

Division of Corporation Finance

Office of Trade & Services

U.S. Securities and Exchange Commission

100 F Street, NE

Washington, D.C. 20549

| Attn: | Mr. David Gessert                                                    |
|       | Mr. David Lin                                                        |
| Re:   | TOP Financial Group Limited                                          |
|       | Post-Effective Amendment No. 2 to Registration Statement on Form F-3 |
|       | Filed March 14, 2025                                                 |
|       | File No. 333-273066                                                  |

Dear Mr. David Gessert and Mr. David Lin:

This letter is in response to your letter of March
26, 2025, in which you provided comments to the Post-Effective Amendment No. 2 to Registration Statement on Form F-3 of TOP Financial
Group Limited (the “Company”) filed with the U.S. Securities and Exchange Commission on March 14, 2025 (“Form F-3”).
We set forth below in bold the comments in your letter relating to Form F-3 followed by our responses to the comments. Concurrently with
the submission of this letter, we hereby transmit, via EDGAR, an amended Registration Statement on Form F-3 (“Form F-3/A”)
for filing with the Commission, which has been revised to reflect the Staff’s comments.

| 1. | On                                                                                                                                            
 the prospectus cover page and page 10, in the paragraph beginning with, “Under the current practice of the Inland Revenue Department          
 of Hong Kong...,” you disclose that, “The laws and regulations of the PRC on currency conversion control do not currently have                
 any material impact on the transfer of cash....There are no restrictions or limitations under the laws of Hong Kong imposed on the conversion 
 of HK dollar into foreign currencies and the remittance of currencies out of Hong Kong....” Please revise your disclosures in this            
 paragraph to disclose that there is no assurance the PRC government will not intervene in or impose restrictions on the ability of you        
 or your subsidiaries to transfer cash or assets.                                                                                              |

Response: We note the Staff’s comment, and
in response hereto, respectfully advise the Staff that we have revised to provide the required disclosure on the cover page and page 10
of the