The Singapore-based company, Helios Capital Management (India) Private Limited Founder & Fund Manager Samir Arora received capital markets from the Securities and Exchange Board of India (SEBI) to launch the Mutual Fund (MF) business.
Highlights
- Helios Capital, the business of portfolio management services applied for a mutual fund license with the SEBI in 2021.
- Samir Arora trying to enter the Rs 37 trillion (43-player) Indian Mutual Fund industry after quitting Alliance Capital Mutual Fund, 19 years ago.
- He was the Chief Investment Officer of Alliance Capital’s Indian mutual fund business.
- The company joined with organisations like Zerodha, Samco Securities and Bajaj Finserv which received SEBIs licence to launch MF operations.
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