ASK Asset & Wealth receives SEBI approval to launch mutual fund business

Sameer Koticha, Founder & Chairman, ASK Asset & Wealth Management Group

Sameer Koticha, Founder & Chairman, ASK Asset & Wealth Management Group

ASK Asset & Wealth Management Group, a leading player in the investment and wealth management space in India, has received regulatory approval from the SEBI to launch a mutual fund business.

It will be the 52nd fund house to join the mutual fund industry, which registered assets under management of ₹81 lakh crore as of January-end.

Four-Decade Legacy

ASK Asset & Wealth Management has a four-decade-long legacy in equity markets, with a proven track record of managing capital across market cycles through its Portfolio Management Services and alternative investment platforms.

The experience, built on disciplined research, risk management, and long-term wealth creation, will now serve as the foundation for ASK’s entry into the mutual fund space, it said.

New MF Foray

ASK Mutual Fund will bring this cycle-tested investment philosophy to a wider audience, offering investment solutions across active equity, passive strategies, hybrid and fixed-income products.

The mutual fund platform will cater to all investor categories, from first-time retail investors and long-term savers to HNIs and institutional participants, through transparent, well-structured, and scalable products, it added.

Sameer Koticha, Founder & Chairman, said ASK has navigated multiple market cycles with a strong, research-driven approach focused on capital protection and growth.

The launch of ASK Mutual Fund now enables us to extend this legacy to a wider investor base, he said.

“We complete our transition into a full-suite asset and wealth management platform, spanning PMS, AIFs, Private Wealth and now Mutual Funds for retail and institutional investors,” he said.

Blackstone Backing

In 2022, private equity funds managed by Blackstone acquired a majority stake in ASK Asset & Wealth Management Group.ASK Asset & Wealth Management Group, a leading player in the investment and wealth management space in India, has received regulatory approval from the SEBI to launch a mutual fund business.

It will be the 52nd fund house to join the mutual fund industry, which registered assets under management of Rs 81 lakh crore as of January-end.

Market Experience

ASK Asset & Wealth Management has a four-decade-long legacy in equity markets, with a proven track record of managing capital across market cycles through its Portfolio Management Services and alternative investment platforms.

The experience, built on disciplined research, risk management, and long-term wealth creation, will now serve as the foundation for ASK’s entry into the mutual fund space, it said.

Wider Investor Base

ASK Mutual Fund will bring this cycle-tested investment philosophy to a wider audience, offering investment solutions across active equity, passive strategies, hybrid and fixed-income products.

The mutual fund platform will cater to all investor categories, from first-time retail investors and long-term savers to HNIs and institutional participants, through transparent, well-structured, and scalable products, it added.

Full-Suite Platform

Sameer Koticha, Founder & Chairman, said ASK has navigated multiple market cycles with a strong, research-driven approach focused on capital protection and growth.

The launch of ASK Mutual Fund now enables us to extend this legacy to a wider investor base, he said.

“We complete our transition into a full-suite asset and wealth management platform, spanning PMS, AIFs, Private Wealth and now Mutual Funds for retail and institutional investors,” he said.

In 2022, private equity funds managed by Blackstone acquired a majority stake in ASK Asset & Wealth Management Group.

Published on February 17, 2026