The Wealth Company Mutual Fund, part of Pantomath Group, has raised about ₹2,000 crore through the launch of four active category NFOs.
The Wealth Company Mutual Fund mobilised ₹1,951 crore from investors across 9,000 pin-codes. The fund house had launched four schemes — flexi-cap, ethical, arbitrage and liquid funds.
According to data from Value Research, since 2021, only four AMCs, including Wealth Company MF, have raised around ₹2,000 crore or more through actively managed funds in their AMC debut year.
Madhu Lunawat, Founder, MD & CEO, The Wealth Company Mutual Fund, said that the widespread participation of investors in the debut NFO validates the trust from investors, distributors and partners.
Interestingly, about 50 per cent of the total NFO mobilisation came from the flexi-cap, which is among the most popular equity categories in the mutual fund industry, she added.
Debasish Mohanty, Chief Strategy Officer, The Wealth Company Mutual Fund, said that the fund house is positioned as a ‘Distributor-First’ and ‘Bharat-Centric’ AMC right from day one, with a focus on meaningful inclusion rather than marketing noise.
Notably, he said the fund house registered strong inflows despite a 9 per cent dip in equity inflows across the industry in September, as per data from AMFI.