Capitalmind gets SEBI's in-principle nod for mutual fund launch

Capitalmind Financial Services, founded by Deepak Shenoy, has received in-principle approval from the Securities and Exchange Board of India (SEBI) to launch its mutual fund. The Bengaluru-based firm manages over ₹2,200 crore for more than 1,150 clients through its portfolio management service (PMS). "This coincides with us turning 10, and we're grateful for the opportunity," Shenoy wrote on X.