31
Jul
#MutualFundsIndia #AbakkusAMC #ChoiceInternational #SEBI #MFIndustry #NewAMCs #PMS #AIF #FundManagement #SpecialisedInvestmentFunds #BoutiqueAMCs #AlphaAlternatives #CarnelianAM #OaklaneCapital #EsteeAdvisors #AshikaGroup Mumbai – India’s ₹74 lakh crore mutual fund (MF) industry is set to witness increased competition and innovation as new players enter the fray. Abakkus Asset Management and Choice International, two reputed names from the investment and broking ecosystem, have received in-principle approval from SEBI to launch their mutual fund businesses. Additionally, five more financial entities — Alpha Alternatives, Ashika Credit Capital, Carnelian Asset Management, Estee Advisors, and Oaklane Capital — have recently applied for mutual fund licenses, signaling heightened interest from established portfolio management…