ASK Asset & Wealth Management Group has received regulatory approval from the Securities and Exchange Board of India (SEBI) to launch its mutual fund business, marking a major milestone in the company’s expansion strategy. With this approval, ASK is set to enter India’s fast-growing mutual fund industry, broadening its investment offerings beyond portfolio management services, alternative investments, and private wealth management.

Key Highlights

• ASK secures SEBI approval, marking strategic expansion into India’s rapidly growing mutual fund investment ecosystem.
• New mutual fund platform to offer diversified equity, debt, hybrid, and passive investment products nationwide.

The newly launched ASK Mutual Fund will provide a diverse range of products, including active equity funds, passive investment strategies, hybrid schemes, and fixed-income solutions. The company aims to cater to a wide spectrum of investors, from first-time retail participants and long-term savers to high-net-worth individuals (HNIs) and institutional clients.

Leadership at ASK highlighted that this move aligns with its long-term vision of becoming a full-suite asset and wealth management platform. Leveraging its decades-long experience and research-driven investment philosophy, the firm plans to introduce thoughtfully designed investment products that prioritize capital protection, disciplined portfolio construction, and sustainable wealth creation.

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The entry into the mutual fund segment is expected to strengthen ASK’s market presence and enhance its ability to serve a larger investor base. As India’s mutual fund industry continues to witness robust growth, the company sees significant opportunities to deliver innovative, transparent, and scalable investment solutions tailored to evolving investor needs.