Home Business

Unifi Capital gets SEBI nod to launch MF

Mutual funds will enable us to go deeper and wider, bringing our investment products to the full spectrum of investors, Sarath Reddy, founder of Unifi Capital, said in a release. 

Published: 21st November 2023 06:09 AM  |   Last Updated: 21st November 2023 06:09 AM   |  A+A A-

Sebi building, Securities and Exchange Board of India

Image used for representational purpose only. (File Photo | PTI)

By Express News Service

CHENNAI: Chennai-based Unifi Capital, a registered portfolio manager, received Securities and Exchange Bureau of India (SEBI)’s in-principle approval for its mutual fund. Unifi Capital currently manages over Rs 20,000 crore on behalf of 10,000 portfolio management services and alternative investment funds (AIF) clients.

Mutual funds will enable us to go deeper and wider, bringing our investment products to the full spectrum of investors, Sarath Reddy, founder of Unifi Capital, said in a release. “Within the regulatory framework, we have more than enough space to offer differentiated investment strategies that mutual fund investors are yet to be served,” he added. 

As per the information available on SEBI’s website as of September 30, 2023, Unifi had applied for the mutual fund licence on December 31, 2020.

Follow The New Indian Express channel on WhatsApp

Now we are on Telegram too. Follow us for updates
TAGS
Unifi Capital SEBI mutual fund

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp