Nuvama Wealth Management’s arm gets SEBI’s approval to establish SIF

Nuvama Wealth Management’s wholly owned subsidiary -- Nuvama Asset Management (NAML) has received approval from the Securities and Exchange Board of India (SEBI) to establish / launch a Specialized Investment Fund (SIF) under the SEBI (Mutual Funds) Regulations, 2026. Under the SIF, NAML will launch a Specialised Investment Platform - Numa SIF and offer SIF Products.

Nuvama Wealth Management is a broker with recognized stock exchanges. Also providing research services and acting as a syndicate member for distribution of IPO's.