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Carnelian Asset Management receives SEBI approval to launch mutual fund business

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  1. Carnelian Asset Management received SEBI approval to launch a mutual fund business.

  2. The Mumbai-based firm can now offer mutual fund schemes across equity, debt, hybrid, and passive categories.

  3. This expands its product suite beyond portfolio management services (PMS), alternative investment funds (AIFs), and offshore investment strategies.

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Who owns this?

Mukesh Ambani

Network18

Reliance Industries (Mukesh Ambani)

Wikipedia: Mukesh Ambani