News From Press Zerodha gets Sebi’s in-principle nod to launch mutual fund business

Zerodha gets Sebi’s in-principle nod to launch mutual fund business

Source: Economic Times Sep 2, 2021

Zerodha has received a licence from capital markets regulator, the Securities and Exchange Board of India (Sebi), to set up an Asset Management Company (AMC).

The in-principle approval from Sebi will allow the Bengaluru-based startup to launch its own mutual funds (MFs), founder and chief executive Nithin Kamath tweeted on Wednesday.

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