Pantomath Group's The Wealth Company receives SEBI approval for mutual funds business

According to a company release, SEBI granted the Certificate of Registration to the company on 18th July 2025 enabling it to commence operations as a registered Asset Management Company (AMC).

The Wealth Company Asset Management which is part of the Pantomath Group, has received the final approval from SEBI to launch its mutual fund business. According to a company release, SEBI granted the Certificate of Registration to the company on 18th July 2025 enabling it to commence operations as a registered Asset Management Company (AMC).

In the release, Madhu Lunawat, MD & CEO said, “Our entry into mutual funds is driven by a commitment to bring the same disciplined, data-driven investment philosophy honed in our alternative ventures to a wider audience. We believe in democratizing wealth creation by offering high-quality, outcome-oriented products and empowering our MFD partners to serve investors effectively, particularly in the promising Tier 3 and beyond markets, aligning with India's Viksit Bharat agenda.”.

The Wealth Company is an alternate investments player with around Rs 10,000 crores of client assets under four themed alternate investment funds (AIFs).

The Indian mutual fund industry has been rapidly growing with the AUM at Rs 74.41 lakh crore as of June 30, 2025, according to AMFI data with average AUM for the month at Rs 74.79 lakh crore. This marks a sixfold rise from Rs 11.73 lakh crore in June 2015 and nearly a threefold jump from Rs 25.49 lakh crore in June 2020.

Investor participation has also surged with total folios reaching 24.13 crore in June 2025. Of this, 19.07 crore folios belong to equity, hybrid, and solution-oriented schemes dominated by retail investors.

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