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Bajaj Finserv gets SEBI approval for setting up mutual fund

25 Aug 2021 Evaluate

Bajaj Finserv has received in-principle approval from the Securities and Exchange Board of India (SEBI) for setting up a mutual fund (MF). Accordingly, the company will be setting up an asset management company and the trustee company directly or indirectly, that is itself or through its subsidiary in accordance with applicable SEBI regulations and other applicable laws.

Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.

Peers
Company Name CMP
Bajaj Finserv 1728.00
TVS Holdings 11600.00
Cholamandalam Fin. 1381.50
Altius Telecom Infra 172.00
Kama Holdings 2244.40
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