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PMS provider, Capitalmind Financial Services and wealth management firm, Cosmea Financial Holdings have applied for a mutual fund license with SEBI.
Capitalmind Financial Services is a Bengaluru-based Portfolio Management Services (PMS) firm and promoted by Deepak Shenoy. Capitalmind Financial Services has applied for a mutual fund license with SEBI on January 5, 2024.
Sam Ghosh’s Cosmea Financial Holdings is a Mumbai-based wealth management firm that provides financial advisory services to HNIs, ultra-HNIs, emerging businesses and startups. Notably, the company has recently tied up with Oro Wealth to launch Torus Oro AMC. This company will focus on passive products.
Cosmea Financial Services has applied for a mutual fund license with SEBI on February 27, 2024.
In another development, Angel One has received in-principal approval and is awaiting SEBI’s final go-ahead.
