Latest news with #Lunawat
News18
a day ago
- Business
- News18
Meet Madhu Lunawat: First Indian Woman To Launch A Mutual Fund Business
Last Updated: Madhu Lunawat has become the first Indian woman to independently set up a mutual fund company Madhu Lunawat Who Is Madhu Lunawat? The Wealth Company, a part of the Pantomath Group, has received final approval from the Securities and Exchange Board of India (Sebi) to launch its mutual fund business, marking a historic milestone as India's first fund house founded by a woman. Madhu Lunawat: First Indian Woman to Set Up a Mutual Fund The new asset management company is led by Madhu Lunawat, Co-founder and Executive Director of the Pantomath Group. She is now the first Indian woman to independently establish and receive Sebi's approval for a fund house. While other fund houses exist — currently around 46 — only Edelweiss Mutual Fund is headed by a woman, with Radhika Gupta serving as MD & CEO. Before her entrepreneurial journey, Lunawat held leadership roles at Infosys, ASREC, and Edelweiss Group, where she served as CFO of Edelweiss ARC. 'This is not just a moment for me – it's a moment for every woman who wants to build, lead, and reshape the financial landscape," Lunawat told TOI. 'We're here to build something that's intelligent, long-term, and deeply aligned with the real needs of Indian investors," she added. The company aims to blend private equity-style, data-intensive research with the accessibility needed by everyday retail investors. This bottom-up investment philosophy is designed to address real investor needs while maintaining simplicity and discipline. Focus on Tier-3 and Beyond: Democratizing Wealth Creation The Wealth Company Mutual Fund will focus significantly on Tier-3 and smaller towns, which are witnessing rising income levels and untapped investment potential. The AMC seeks to channel this capital toward structured, actively managed funds — helping investors participate in India's Viksit Bharat (Developed India) growth journey. The Wealth Company's entry into mutual funds is backed by its rapid success in the alternative investment space. Within a short period, it built a strong portfolio across equity and structured strategies, attracting marquee investors and delivering solid performance. This foundation will help bring both innovation and stability to its mutual fund offerings from the outset. 'Over the years, mutual funds have become one of the most trusted investment platforms for retail investors," said Lunawat, who now serves as Founder, MD and CEO of The Wealth Company Asset Management Holdings. 'Our entry into mutual funds is driven by a commitment to bring the same disciplined, data-driven philosophy from our alternative ventures to a broader retail base. We aim to offer high-quality, outcome-oriented products that truly empower Indian investors." view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
a day ago
- Business
- Time of India
Madhu Lunawat makes history as first Indian woman to set up a mutual fund business
The Wealth Company , part of the Pantomath Group , announced on Friday that it has received approval from the Securities and Exchange Board of India ( Sebi ) to launch its mutual fund business , becoming the first fund house in India founded by a woman. The asset management company is led by Madhu Lunawat , who is also the Co-founder and Executive Director of the Pantomath Group. Currently, there are approximately 46 existing fund houses in India, with a few having recently received approval to begin operations. Among them, only one fund house – Edelweiss Mutual Fund – is headed by a woman. Radhika Gupta serves as the Managing Director and CEO of Edelweiss Mutual Fund. 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Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Mumbai: 1 Trick to Reduce Belly Fat? Home Fitness Hack Shop Now Undo Lunawat is the first Indian woman to independently set up and receive Sebi's approval for a fund house, according to a press release. Before co-founding Pantomath, she held positions at Infosys, ASREC, and the Edelweiss Group, where she served as CFO of Edelweiss ARC. 'This is not just a moment for me – it's a moment for every woman who wants to build, lead, and reshape the financial landscape,' Lunawat told TOI. 'We're here to build something that's intelligent, long-term, and deeply aligned with the real needs of Indian investors,' she said. Live Events With this regulatory milestone, The Wealth Company formally enters the Rs 74.41 trillion mutual fund industry under its new identity – The Wealth Company Mutual Fund. Sebi granted the Certificate of Registration to the company on July 18, enabling it to commence operations as a registered Asset Management Company ( AMC ). The Wealth Company Mutual Fund aims to bring a unique proposition to the market by combining rigorous, bottom-up, and data-intensive research methodologies—typically seen in private equity – with the simplicity and accessibility needed by retail investors, the release added. As India's youngest AMC, The Wealth Company Mutual Fund seeks to democratize wealth creation for retail investors across the country. It has a strong focus on Tier-3 and beyond markets, which have been witnessing growing economic activity and rising surplus incomes. These, the company believes, deserve to be channeled into active fund management to participate in the country's promising development journey as part of the Viksit Bharat agenda. Also Read | SBI FDs offer up to 6% returns in short term. Should investors explore debt mutual funds instead? The Wealth Company's foray into mutual funds builds upon its remarkable success in the alternate investment space, where it emerged as one of the fastest-scaling platforms in recent years. According to the press release, within a short span, the company built a robust portfolio across equity and structured strategies, attracting marque investors and delivering consistent performance. This experience in managing sophisticated investment products has laid a strong foundation for its mutual fund venture, positioning fund houses to offer both innovation and stability from day one. "Over the years, mutual funds have been the most trusted and optimum investment platform for retail investors. As the country progresses towards its Viksit Bharat agenda, increasing number of retail investors have an opportunity to play a strong role in national building and the ensuing wealth creation that would follow,' said Madhu Lunawat, Founder, MD and CEO of The Wealth Company Asset Management Holdings Private. She further adds, '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.'
Time of India
3 days ago
- Business
- Time of India
Lunawat, 1st woman to set up mutual fund biz, get Sebi nod
File photo MUMBAI: The Wealth Company, backed by Pantomath Group, on Friday said it has received Sebi approval to launch its mutual fund business. This made the Wealth Company the first fund house in India to be founded by a woman to receive Sebi nod to start an MF business. The company is led by Madhu Lunawat, also a co-founder of the Pantomath Group, a leading investment banking firm in the mid-market segment. Currently, of the nearly 50 fund houses in the country, only one, Edelweiss MF, is headed by a woman, Radhika Gupta, as its managing director & CEO. Lunawat, a chartered accountant by training, is the first Indian woman to independently set up and receive Sebi approval for a non-institutional mutual fund house, a release from the company said. Before co-founding Pantomath, Lunawat had stints with Infosys, ASREC, and the Edelweiss group. 'This is not just a moment for me — it's a moment for every woman who wants to build, lead, and reshape the financial landscape,' Lunawat told TOI. She will be leading the new fund house as its MD & CEO. 'We're here to build something that's intelligent, long-term, and deeply aligned with the real needs of Indian investors,' she said. The fund house will leverage technology to have a strong presence in the hinterlands. It will also have a client-first approach, she said. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
