1 Finance gets in-principle approval for India’s first MF Lite AMC licence

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1 Finance has received SEBI’s in-principle approval to establish India’s first MF Lite asset management company, targeting a Q4 FY27 launch. The proposed AMC will offer passive investment products, including index funds and ETFs, subject to final regulatory registration.

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1 Finance gets in-principle approval for India’s first MF Lite AMC licence

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