Capitalmind Financial Services gets SEBI nod for MF business

Capitalmind Financial Services said it has received final approval from the Securities and Exchange Board of India (SEBI) to commence its mutual fund operations under the name Capitalmind Mutual Fund.

The newly established Capitalmind Asset Management Company plans to launch its initial suite of active equity mutual fund schemes in the coming months, with intentions to gradually expand its offerings to include debt, hybrid, and multi-asset funds.

Capitalmind already manages over Rs2,000 crore in assets for more than 1,400 Portfolio Management Services (PMS) and Alternative Investment Fund (AIF) clients.

www.thehindubusinessline.com, dt. 15-04-2025