LatestStartup And Fundraising 15 August 2026
Monarch Mutual Fund Enters MF Space
Monarch Mutual Fund, a venture of Monarch Networth Capital, is set to enter the mutual fund space with its maiden overnight fund. The fund has filed a draft with the Securities and Exchange Board of India, subject to the SEBI Mutual Funds Regulations, and will have a specific asset allocation. This move marks the company's entry into the mutual fund sector, with the overnight fund being its first product.
Monarch Mutual Fund, a venture of Monarch Networth Capital, is entering the mutual fund space with its maiden overnight fund. The fund has filed a draft with the Securities and Exchange Board of India. Key features of the fund include:
- An overnight fund,
- A specific asset allocation,
- Subject to the SEBI Mutual Funds Regulations.
The company's entry into the mutual fund sector is expected to provide investors with new opportunities.
The overnight fund is the company's first product in the mutual fund space.
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