The Wealth Company Asset Management Holdings, a part of the Pantomath Group, on Friday said it has received the final approval from markets regulator Sebi to launch its mutual fund business.
With this, the company formally enters the ₹74 lakh crore mutual fund industry under its new identity, The Wealth Company Mutual Fund.
"Sebi granted the Certificate of Registration to the company on July 18, 2025, enabling it to commence operations as a registered Asset Management Company (AMC)," the company said in a statement.
As India's youngest asset management company (AMC), The Wealth Company Mutual Fund, aims to democratise wealth creation for retail investors across the country with a strong focus on Tier-3 and beyond markets, which have been witnessing burgeoning economic activity and rising surplus incomes that deserve to be channelled in active fund management.
"We believe in democratising wealth creation by offering high-quality, outcome-oriented products and empowering our MFD partners to serve investors effectively, particularly in the promising Tier-3 and beyond markets," Madhu Lunawat, Founder, MD and CEO of The Wealth Company, said.
At present, there are close to 50 mutual fund houses operating in the country
