Ashika Group Receives In-Principle Approval from SEBI to Launch MF
Ashika Group received in-principle approval from SEBI (Securities and Exchange Board of India) on December 31, 2025 to act as sponsor and establish Ashika Mutual Fund(MF), enabling it to form an Asset Management Company (AMC) and prepare scheme launches subject to final registration.
Ashika Group received in-principle approval from SEBI (Securities and Exchange Board of India) on December 31, 2025 to act as sponsor and establish Ashika Mutual Fund(MF), enabling it to form an Asset Management Company (AMC) and prepare scheme launches subject to final registration.
- What? SEBI in-principle approval for Ashika Group
- When? December 31, 2025
- Purpose: To establish Ashika Mutual Fund
- Next? Form AMC, secure final registration, launch schemes
About Ashika Group: Ashika Group, established in 1994, operates as a financial service platform, offering Retail & Institutional Broking, Investment Banking & Advisory, Alternative Investment Funds (AIFs), Research & Advisory, Global Family Office Services, Non-Banking Financial Company (NBFC) operations, and distribution services.
About SEBI: SEBI, established in 1988, was given statutory powers in 1992 under the SEBI Act 1992. It protects investors, regulates stock markets, MFs and intermediaries, and ensures fair and transparent trading.
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