The Wealth Company files draft documents with SEBI on bagging MF licence

The Wealth Company files draft documents with SEBI on bagging MF licence

Aims to democratize wealth creation and broaden the country's financial inclusion with the Viksit Bharat vision

The Wealth Company (a part of the Pantomath Group), has debuted as the first new asset management company (AMC) to file four Scheme Information Documents (SIDs) with the Securities and Exchange Board of India (SEBI) immediately on securing the mutual fund (MF) licence.

The company stated, “It reflects a unique focus-led approach to shape real outcomes for India’s retail investors. It will provide clarity and operational readiness from the outset, setting the tone for our commitment to democratizing wealth creation. This will enable inclusive financial participation in alignment with the country’s Viksit Bharat agenda.”

Importantly, The Wealth Company MF is the country’s only fund house founded and led by a woman, Madhu Lunawat.

Madhu Lunawat, Founder, MD & CEO, of The Wealth Company, stated, "Wealth creation is not just about numbers; it is about trust, time, and evolution. For far too long, access to high-conviction investing is gated by high-ticket investments. However, our belief is simple: the wisdom that shaped the fortunes of institutional and HNI investors must now serve the wealth creation aspirations of every Indian.”

She added, “Our journey begins with intent, not imitation - with the clarity to do what is right, not just what is popular. Because in a truly Viksit Bharat, prosperity must be participative."

The AMC also announced roping in seasoned industry veterans to craft its strong leadership with deep domain expertise and complementary experience across investment management, operations, compliance and institutional strategy.

It appointed Prasanna Pathak as Deputy CEO, Aparna Shanker as CIO-Equity, Umesh Sharma as CIO-Debt, Debasish Mohanty as Chief Strategy Officer, and Bhalchandra Joshi as Chief Operating Officer.

With a robust team and vision, the company hopes for disciplined investing, institutional conviction, and long-term retail alignment in its pursuit to democratize wealth creation across investor demographics. The expertise of the team will enable the AMC to deliver institutional-grade investment management to India's aspiring retail investors, aligning with the national objective of fostering capital formation.

The board represents the capital market’s depth and nation-building experience, with members instrumental in building the country’s most consequential public digital assets, and an understanding of both policy and people.

The firm has unveiled its website www.wealthcompanyamc.in for simplifying access and personalizing the retail investment experience through transparency, accessibility and seamless technology integration.