The Wealth Company Launches Mutual Fund Business

1 Minute Read Listen to Article
Share:    

Jul 18, 2025 14:45

x
The Wealth Company receives Sebi's approval to launch its mutual fund business in India, aiming to democratize wealth creation for retail investors.
The Wealth Company Launches Mutual Fund Business
Illustration: Dominic Xavier/Rediff.com
New Delhi, Jul 18 (PTI) The Wealth Company Asset Management Holdings, a part of the Pantomath Group, on Friday said it has received the final approval from markets regulator Sebi to launch its mutual fund business.

With this, the company formally enters the Rs 74 lakh crore mutual fund industry under its new identity, The Wealth Company Mutual Fund.

"Sebi granted the Certificate of Registration to the company on July 18, 2025, enabling it to commence operations as a registered Asset Management Company (AMC)," the company said in a statement.


As India's youngest asset management company (AMC), The Wealth Company Mutual Fund, aims to democratise wealth creation for retail investors across the country with a strong focus on Tier-3 and beyond markets, which have been witnessing burgeoning economic activity and rising surplus incomes that deserve to be channelled in active fund management.

"We believe in democratising wealth creation by offering high-quality, outcome-oriented products and empowering our MFD partners to serve investors effectively, particularly in the promising Tier-3 and beyond markets," Madhu Lunawat, Founder, MD and CEO of The Wealth Company, said.

At present, there are close to 50 mutual fund houses operating in the country.
Share:    

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

See More >

Moneywiz Live!

Home

Market News

Latest News

International Markets

Economy

Industries

Mutual Fund News

IPO News

Search News

My Portfolio

My Watchlist

Gainers

Losers

Sectors

Indices

Forex

Mutual Funds

Feedback