Anand Rathi Wealth reported a 60% jump in first‑quarter profit, driven by strong performance in its wealth management arm. The company is now seeking SEBI approval to act as a mutual fund sponsor, aiming to expand its product portfolio. This move could boost its market position and offer new investment avenues for clients.
Anand Rathi Wealth reported a 60% jump in first‑quarter profit, driven by strong performance in its wealth management arm. The company is now seeking SEBI approval to act as a mutual fund sponsor, aiming to expand its product portfolio. This move could boost its market position and offer new investment avenues for clients.