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Clear AllWith an approval from SEBI, Edelweiss becomes the latest entrant in India's mutual fund industry
Last updated: 14-Nov-2022•Research Desk
It is a 33-member family and it has a new entrant. Edelweiss Capital, an investment bank and broker, is the latest to receive the regulatory approval from SEBI to start its mutual fund business. The approval can be attributed to low penetration levels and the increasing percentage of the population moving towards a higher savings and investment mindset. The already existing 33 players in the Indian mutual fund indus
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