Cosmea Financial Holdings (CFH), promoted by Sam Ghosh, has received approval from the Securities and Exchange Board of India (Sebi) to sponsor a mutual fund. Cosmea filed its application with Sebi in May and has six months to complete the registration formalities under the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996.
Bank, financial services MFs lagged in 2024. Will the new year be better?
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