Ashika Group receives SEBI's in-principle approval to start mutual fund business
Ashika Group today announced that it has received in-principle approval from the Securities and Exchange Board of India ( SEBI) to act as sponsor and set up Ashika Mutual Fund, marking a significant strategic milestone in its growth journey.
This approval reinforces the Group’s long-standing commitment to building institution-led, research-driven financial platforms and further strengthens its position in India’s rapidly expanding asset management landscape, according to a press release.
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This significant regulatory milestone allows the company to proceed with establishing an Asset Management Company ( AMC) and preparing for the launch of the mutual fund schemes, subject to fulfilling SEBI’s final registration requirements and conditions.
The approval is a decisive step towards Ashika’s vision of creating a future-ready asset management ecosystem anchored in disciplined investing, robust governance, and long-term wealth creation.
Ashika Group’s foray into mutual funds builds on its extensive experience across capital markets and financial services, including retail and institutional broking, investment banking, research advisory, global family office services, alternative asset management and private equity.
The proposed fund house aims to offer a thoughtfully curated range of investment schemes tailored to diverse investor needs, supported by strong research capabilities, disciplined risk management, and a governance-first approach.
This approval reinforces the Group’s long-standing commitment to building institution-led, research-driven financial platforms and further strengthens its position in India’s rapidly expanding asset management landscape, according to a press release.
Also Read | Portfolio check: How to rejig your mutual fund investments in 2026
This significant regulatory milestone allows the company to proceed with establishing an Asset Management Company ( AMC) and preparing for the launch of the mutual fund schemes, subject to fulfilling SEBI’s final registration requirements and conditions.
The approval is a decisive step towards Ashika’s vision of creating a future-ready asset management ecosystem anchored in disciplined investing, robust governance, and long-term wealth creation.
Ashika Group’s foray into mutual funds builds on its extensive experience across capital markets and financial services, including retail and institutional broking, investment banking, research advisory, global family office services, alternative asset management and private equity.
The proposed fund house aims to offer a thoughtfully curated range of investment schemes tailored to diverse investor needs, supported by strong research capabilities, disciplined risk management, and a governance-first approach.
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