New Launch26 Mar 2026, 09:59 am
Wealth First Subsidiary Receives SEBI Mutual Fund License
AI Summary
Wealth First Portfolio Managers Ltd has announced that its subsidiary company, Lakshya Asset Management Private Limited, has received approval and final license from the Securities and Exchange Board of India (SEBI) to act as an Asset Management Company (AMC) for launching and managing a Mutual Fund. The approval was received on 25th March, 2026.
Key Highlights
- Wealth First's subsidiary, Lakshya Asset Management Private Limited, has received a Mutual Fund License from SEBI.
- The subsidiary company will act as an Asset Management Company (AMC) for launching and managing the Mutual Fund.