ASK Asset & Wealth Management gets SEBI nod for mutual fund operations

ASK Asset & Wealth Management Group has received regulatory support from the Securities and Exchange Board of India (SEBI) to statesman operating arsenic an concern manager for communal funds successful India.

The institution antecedently received in-principle clearance from SEBI successful March 2025 for its introduction into the communal money sector.

It plans to connection a scope of products including progressive equity, passive strategies, hybrid, and fixed-income funds.

The institution volition supply concern options suitable for assorted capitalist groups, specified arsenic retail investors, semipermanent savers, high-net-worth individuals (HNIs), and organization clients.

ASK intends to motorboat products aimed astatine antithetic fiscal objectives specified arsenic wealthiness accumulation implicit time, generating income, and preserving capital.

The institution besides highlights its attraction to hazard absorption and structured portfolio development.

With much than 40 years of acquisition successful India’s equities market, ASK has been progressive successful superior absorption done portfolio absorption services (PMS) and alternate concern platforms.

In 2022, backstage equity funds controlled by Blackstone acquired a bulk involvement successful ASK. As of 31 December 2025, the radical managed assets astir Rs 820bn ($9bn).

ASK laminitis and president Sameer Koticha said: “This marks an important milestone successful ASK’s improvement arsenic a diversified plus and wealthiness absorption platform. For implicit 4 decades, ASK has navigated aggregate marketplace cycles with a strong, research-driven attack focused connected superior extortion and growth. The motorboat of ASK Mutual Fund present enables america to widen this bequest to a wider capitalist base.”

Katicha added: “With Mutual Funds, we implicit our modulation into a full-suite plus and wealthiness absorption platform, spanning PMS, AIFs, Private Wealth, and present Mutual Funds for retail and organization investors.”

"ASK Asset & Wealth Management gets SEBI motion for communal money operations" was primitively created and published by Private Banker International, a GlobalData owned brand.

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