The Securities and Exchange Board of India (SEBI) has given regulatory nod to ASK Asset & Wealth Management Group to commence operations as an investment manager for the mutual fund business in India.

In March 2025, ASK Asset & Wealth Management Group secured in-principle clearance from the SEBI to foray into the mutual fund business.

The firm will bring this cycle-tested investment philosophy to a wider audience, offering world-class investment solutions across active equity, passive strategies, hybrid, and fixed-income products, according to a press release.

It will enable ASK to cater to all investor categories, from first-time retail investors and long-term savers to HNIs and institutional participants, through transparent, well-structured, and scalable products, the release added.