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Old Bridge Capital Management (OBCM) has received SEBI’s final approval to start MF business under Old Bridge Mutual Fund.
Sharing his views, Kenneth Andrade, Founder, OBCM said, “We are delighted to receive this license to commence operations for Old Bridge Mutual Fund and will be launching our maiden actively managed equity scheme.”
He further said, “As we move forward with our newly acquired license, we remain committed to providing investors with long term investment solutions on its mutual funds platform as well.”
Interestingly, Bajaj Finserv, Helios and Zerodha received the regulator’s final nod this year. Moreover, other companies including Unifi, Alpha and Wizemarkets have also filed applications for MF business.
