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Muthoot Finance gets primary approval for proposed MF business

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Capital Market
Last Updated : Jul 20 2018 | 6:16 PM IST

From SEBI

Muthoot Finance announced that SEBI has provided its primary approval for setting up Asset Management Company and Trustee Company along with other compliance under SEBI (Mutual Fund) Regulations, 1996 in order to get registered with SEBI for the proposed mutual fund.

The Company has to complete the registration process within 6 months of above said primary approval in order to get registered with SEBI for setting up proposed mutual fund Business, subject to further regulatory approvals.

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First Published: Jul 20 2018 | 6:00 PM IST

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