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economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
Blackstone-backed ASK Asset & Wealth Management Group receives in-principle approval from Sebi for mutual fund business
in-principle approval from the Securities and Exchange Board of India (SEBI) for its mutual fund business. The company is a leading player in the investment and wealth management space,
This development marks a significant milestone in ASK’s strategic expansion, reinforcing its commitment to delivering high-quality investment solutions. The mutual fund offering will complement ASK’s existing suite of investment solutions, which cover listed equity portfolio management, alternates and wealth management, providing a broader range of opportunities for investors across segments, according to a release.
Also Read | Best medium to long duration mutual funds to invest in March 2025
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View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-119634063»>«We have received an in-principle approval for entering the mutual fund business. India’s investment landscape is evolving rapidly, and we see a tremendous opportunity to bring our research-driven, client-centric investment approach to a wider audience. We are confident that with ASK’s deep-rooted expertise and commitment to long-term wealth creation, and with our legacy of trust and performance, we will be able to offer differentiated products that cater to the diverse needs of investors. We look forward to establishing our AMC to meet SEBI’s final approval requirements,» said Sunil Rohokale, Co-Founder, CEO & Managing Director, ASK Asset & Wealth Management Group.
ASK Asset & Wealth Management Group has built a strong reputation for its
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