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AMC LICENCE
Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.28 Apr, 2026, 08.12 PM IST- Sebi may allow AMCs to handle family office fundsSEBI has proposed to permit asset management companies (AMCs) to extend their services to pooled non-broad based funds, including family of...08 Jul, 2025, 05.53 AM IST
- Fintech AMCs: Groww, Navi, Zerodha diversify revenue with asset managementGroww doubled its AUM, Zerodha Fund House grew nine times and Navi increased its portfolio by 44% in an otherwise good year for the mutual ...12 May, 2025, 07.29 AM IST
- Zerodha gets final nod for AMC licence from SebiBengaluru-based brokerage will look to launch exchange-traded funds to begin its AMC journey11 Aug, 2023, 10.32 PM IST
- Fintech startup Fisdom plans to launch portfolio management servicesThe PayU-backed fintech clocked revenue of Rs 75 crore in FY23 and is already profitable in its wealth management business. It aims to brea...09 May, 2023, 08.03 PM IST
- Zerodha forms JV with Smallcase for mutual fund businessZerodha, India’s largest brokerage in terms of the number of customers, already has the initial clearance for an asset management company (...13 Apr, 2023, 12.05 AM IST
- MarketsMojo plans to enter Rs 5 trillion PMS space“We are applying for international advisory licence to expand global operations. In India, we are applying for Portfolio Management Service...29 Nov, 2022, 04.22 PM IST
- Sam Ghosh launches wealth management platform TorusSam Ghosh, former chief executive of Reliance Capital, is looking to expand his financial services business. After applying for a small fin...22 Feb, 2022, 06.36 AM IST
- PhonePe mulls own mutual fund business applicationCEO Sameer Nigam says the company can do scant little to reduce UPI market share. PhonePe has emerged as the largest UPI app with over 45% ...03 Sep, 2021, 06.49 AM IST
- Zerodha gets Sebi’s in-principle nod to launch mutual fund businessZerodha has received a licence from capital markets regulator, the Securities and Exchange Board of India (Sebi), to set up an Asset Manage...02 Sep, 2021, 02.02 AM IST
- Zerodha gets Sebi’s in-principle approval for starting AMC operations"So, we just got our in-principle approval for our AMC (MF) license. I guess now comes the hard part," Kamath said in a tweet on the microb...01 Sep, 2021, 07.59 PM IST
- What will be the composition of Nifty 10 years down? Shankar Sharma answersThe slew of start-up listings that we are going to start seeing in India will lead to a lot of these companies making way to mainline indic...20 Jun, 2021, 09.01 AM IST
- SEBI cancels Sahara MF’s licence, orders transfer of business to a new fund houseSEBI cancelled Sahara asset management company's license, saying it's not a 'fit and proper person' to carry out the business of mutual fun...29 Jul, 2015, 02.04 AM IST
- Shriram Group to revive defunct mutual fund businessIn sharp contrast to moves made by asset management firms to exit India, Shriram Group has decided to revive its defunct mutual fund busine...20 Feb, 2012, 05.40 AM IST
- BNY Mellon scouts for partners in AMC bizBNYMB, which has a representative office in Mumbai and has applied for a banking licence, is in talks with potential partners.26 Aug, 2010, 02.21 AM IST
- RBI changes its mind, allows UBS India entryLess than a fortnight after the Reserve Bank of India said the grant of banking licence to UBS was on hold, the regulator on Monday said th...19 Feb, 2008, 01.45 AM IST
- UBS gets banking licence for IndiaEnforcement Directorate has cleared UBS’s name in a year-long investigation into alleged irregular foreign currency transactions.19 Feb, 2008, 12.25 AM IST
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