Deepak Shenoy’s Capitalmind receives in-principle approval from Sebi to launch mutual fund

Capitalmind Financial Services, under Deepak Shenoy, received Sebi's in-principle nod to launch a mutual fund, aligning with their 10th-anniversary celebrations. Shenoy disclosed plans to bring innovative investing solutions to 4.5 crore investors in India's expanding mutual fund sector, which has seen a 24% annual growth. The firm currently manages Rs 2,200 crore in assets.