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Eye on SIF foray, PMS players line up for MF licence
Business Standard
|April 05, 2025
Nuvama Wealth, Marcellus Investment Managers among new MF applicants
Portfolio management services (PMS) players are queuing up for a mutual fund (MF) licence with an eye on the specialised investment funds (SIFs) space.
SIFs are a new product segment within MFs that will compete with PMS and alternative investment funds (AIFs).
During the last three months, four prominent players in the PMS and AIF space — Nuvama Wealth Management, Marcellus Investment Managers, Wealth First Portfolio Managers and ASK Investment Managers — have filed applications with the Securities and Exchange Board of India (Sebi) for approvals to foray into MFs.
ASK Investment Managers has secured in-principle approval from Sebi.
यह कहानी Business Standard के April 05, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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