VR Logo

Fidelity Receives SEBI Approval

Fidelity, the largest asset management company globally, has received approval from SEBI to start its mutual fund business in India. Fidelity plans to launch a diversified equity fund to begin with

Fidelity, the largest asset management company globally, has received approval from SEBI to start its mutual fund business in India.

Fidelity plans to launch a diversified equity fund to begin with. Ashu Suyash is the Head of Business, Fidelity Fund Management in India.

Fidelity follows a bottom-up investment approach and is strong on research. It manages over US$1.2 trillion in assets for 20 million investors across the world.