SEBI granted Monarch Networth Capital Limited final registration as a Mutual Fund sponsor under 'Monarch Mutual Fund'.
Wholly owned subsidiary Monarch Asset Management Private Limited approved as the AMC for the new fund.
MNCL's PAT grew from ₹2 crore in FY2019 to ₹135 crore in 9MFY25, with ~₹1,000 crore AIF AUM and 3 lakh retail clients.
This milestone positions MNCL as a fully integrated financial services platform across broking, AIF, PMS, and mutual funds.