The Wealth Company Mutual Fund Files Draft With SEBI for Flexi Cap Fund

The Wealth Company Mutual Fund has submitted draft documents to the Securities and Exchange Board of India (SEBI) for a new scheme, the Wealth Company Flexi Cap Fund. It is an open-ended dynamic equity scheme that will invest in large-cap, mid-cap, and small-cap stocks, as well as debt, money market instruments, and certain alternative assets.

Investment Objective and Allocation

The scheme seeks to generate long-term growth in capital and income through active management across market capitalisations. The indicative asset allocation is 65%-100% in equity and equity-related instruments, 0%-35% in debt and money market instruments, and up to 10% in Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). Short selling and securities lending of up to 20% of net assets are permitted.

Benchmark and Risk Rating

The performance will be measured against the NIFTY 500 Total Return Index (TRI), which includes the top 500 companies listed on the NSE. The scheme and the benchmark are both categorised as “Very High Risk” on SEBI’s riskometer.

Management Team

The equity portion will be managed by Aparna Shanker, who has over three decades of experience in the mutual fund industry. The debt portion will be managed by Umesh Sharma, with more than 20 years’ experience, and Varun Nanavati, a chartered accountant with prior credit rating and audit roles.

Read more: Equity Mutual Fund Inflows Surge 81.04% in July 2025; NFOs Garner ₹30,416 Crore: AMFI Data!

Subscription and Redemption

During the New Fund Offer (NFO), the units will have a face value of ₹10 each. The minimum initial investment is ₹1,000, with additional purchases in multiples of ₹1. SIPs, STPs, and SWPs will be available in various frequencies, starting from ₹100 or ₹250, depending on the plan. The exit load will be 1% if redeemed within 30 days and nil thereafter.

Units will be available for subscription and redemption on all business days from within five business days of allotment. The scheme is not proposed to be listed on stock exchanges initially.

Conclusion 

Upon regulatory approval, the Flexi Cap Fund will proceed to its NFO phase, offering daily liquidity thereafter as per the terms stated in the draft filing.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.