Archive · 2 Oct 2025
Nuvama Wealth Management Receives SEBI Approval for Mutual Fund
Nuvama Wealth Management got permission from SEBI to start its own mutual fund called Nuvama Mutual Fund.
This allows them to create and sell investment plans, including Specialised Investment Funds (SIFs), which are a new type of investment.
This approval follows Nuvama's application in January 2025.
SIFs allow for more flexible investment strategies, combining features of mutual funds and portfolio management services.
They offer tax benefits and focus on strategies like long-short equity and hybrid approaches, designed to provide stable returns.
Several other fund houses are launching SIFs, providing investors with more diversification options.
Nuvama Wealth Management received SEBI approval for its mutual fund.
Approval enables the launch of various schemes, including Specialized Investment Funds (SIFs).
SIFs are a new investment class gaining market attention.
SEBI introduced the SIF framework in February 2025.
Nuvama's entry adds to the competition in India's growing mutual fund market.
- Who
- Nuvama Wealth Management Ltd
- What
- Received SEBI approval to launch a mutual fund
- When
- October 1, 2025
- Where
- N/A
- Why
- To offer various investment schemes, including Specialized Investment Funds (SIFs)
- Company
- Nuvama Wealth Management Ltd
- Approval Date
- October 1, 2025
- Regulator
- SEBI
- Fund Name
- Nuvama Mutual Fund
- Investment Options
- Specialized Investment Funds (SIFs)
- SIF Minimum Investment
- ₹10 lakh per investor
Sources
Nuvama Wealth Management secures SEBI nod to sponsor proposed mutual fund
SEBI nod to Nuvama's mutual fund entry, approves role as sponsor
Financial Services Company Nuvama Wealth Management Secures Approval from SEBI To Set Up Mutual Fund Business
