Question
Zerodha Asset Management Company (AMC) has received
final approval from the market regulator SEBI to commence a mutual fund (MF) business.The new entrant to the Rs 46-trillion MF industry will only offer passive funds. Which mutual fund is the only passive-focused AMC at present?Solution
Helios Capital has received capital markets regulator SEBI’s approval to launch a mutual fund business. Helios Capital Management PTE Ltd, which is the business of portfolio management services, applied for a mutual fund license with the Securities and Exchange Board of India (SEBI) in February 2021.
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