Blackstone-backed ASK Asset & Wealth Management Group receives in-principle approval from Sebi for mutual fund business
Blackstone-backed ASK Asset & Wealth Management received SEBI's in-principle approval for its mutual fund business.
The expansion aligns with ASK’s strategy to offer diversified investment solutions across investor segments.
India's mutual fund AUM tripled since 2019, presenting strong growth opportunities.
ASK aims to meet SEBI’s final approval requirements before launching its offerings.
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