CAPITALMIND RECEIVES SEBI NOD TO LAUNCH MUTUAL FUND BUSINESS

Published on Apr 21, 2025 16:33

Capitalmind Financial Services has secured final approval from the Securities and Exchange Board of India (SEBI) to launch Capitalmind Mutual Fund, marking its official entry into India�s mutual fund space. Known for its data-driven and transparent Portfolio Management Services (PMS) and Alternative Investment Funds (AIF), Capitalmind now aims to extend its rules-based, quantitative investment approach to retail investors.

The company plans to kick off with active equity mutual funds, followed by offerings in debt, hybrid, and multi-asset categories. Its strategies, such as Adaptive Momentum and Surge India, have delivered post-fees returns of over 27.1% and 28.9% respectively over five years, and will form the backbone of the new fund offerings.

Led by founder Deepak Shenoy and COO Vashistha Iyer, the firm is positioning itself as a tech-forward AMC with a strong emphasis on transparency, in-house tech, and quantitative research. Capitalmind manages Rs 2,058 crore for PMS and AIF clients and has an engaged digital community of over 4 lakh followers.

Its entry comes as India`s mutual fund industry crosses Rs 65 lakh crore in AUM, and Capitalmind hopes to democratize sophisticated investing with a retail-first, evidence-based philosophy.