New mutual-fund house raises nearly ₹2,000 cr via four active NFOs

The Wealth Company MF raised ₹1,951 cr across four active NFOs, showing strong retail appetite and distribution reach into non-metro India.

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New mutual-fund house raises nearly ₹2,000 cr via four active NFOs

New mutual-fund house raises nearly ₹2,000 cr via four active NFOs
The Wealth Company Mutual Fund, backed by the Pantomath Group, has successfully raised approximately ₹1,951 crore from four active category New Fund Offers (NFOs) in its debut. The subscriptions came from roughly 9,000 distinct pin-codes, highlighting the reach beyond metro markets. The funds cater to diversified equity and mid-cap strategies, reflecting increasing retail investor appetite for systematic investment. The AMC said this launch is the largest for a new entrant and underscores growing investor trust in non-metro India and newer asset-managers.
Companies:
  • The Wealth Company Mutual Fund
Tags:
  • mutual_funds
  • india