The Wealth Company Mutual Fund, part of the Pantomath Group, has received approval from the Securities and Exchange Board of India (SEBI) to launch a Specialised Investment Fund (SIF). The approval makes the fund house one of the few asset managers permitted to offer SIF strategies within the mutual fund framework.

The fund will operate under the ‘WSIF’ brand and is designed to use a wider set of tools—such as hedging and directional strategies—within SEBI’s regulatory architecture.

The SIF structure aims to provide flexibility similar to hedge-fund approaches while remaining within the mutual fund regime.

The AMC has appointed Chinmay Sathe as Chief Investment Officer and Head of the Specialised Investment Fund.

Madhu Lunawat, Founder, MD and CEO of The Wealth Company Mutual Fund, said the SIF category represents the next phase of product innovation in the mutual fund industry and noted that the firm plans to introduce multiple offerings under the SIF umbrella to suit different risk profiles and asset-allocation needs.

Sathe said the fund intends to build products that use research-driven processes and tools to align with varied investor requirements.

According to the fund house, the WSIF platform is targeted at high-net-worth individuals, family offices and sophisticated wealth intermediaries seeking strategies that can participate in market upside while managing downside risk.

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