{"id":206139,"date":"2025-01-02T05:53:16","date_gmt":"2025-01-02T05:53:16","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/01\/02\/financial-sector-veteran-sam-ghosh-gets-sebi-nod-for-mf-foray-times-of-india\/"},"modified":"2025-01-02T05:53:16","modified_gmt":"2025-01-02T05:53:16","slug":"financial-sector-veteran-sam-ghosh-gets-sebi-nod-for-mf-foray-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/01\/02\/financial-sector-veteran-sam-ghosh-gets-sebi-nod-for-mf-foray-times-of-india\/","title":{"rendered":"Financial sector veteran Sam Ghosh gets Sebi nod for MF foray &#8211; Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"210\" src=\"https:\/\/i0.wp.com\/static.toiimg.com\/thumb\/msid-47529300,imgsize-110164,width-400,resizemode-4\/47529300.jpg?resize=400,210&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Financial sector veteran Sam Ghosh gets Sebi nod for MF foray &#8211; Times of India\" title=\"Financial sector veteran Sam Ghosh gets Sebi nod for MF foray &#8211; Times of India\" \/><\/div><p> <br \/>\n<\/p>\n<div data-articlebody=\"1\">\n<div class=\"_s30J clearfix  \">\n<div class=\"MwN2O\">\n<div class=\"vdo_embedd\">\n<div class=\"T22zO\">\n<section class=\"D3Wk1  clearfix id-r-component leadmedia undefined undefined  VtlfQ\" style=\"top:0px\">\n<div class=\"D3Wk1\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"zPaFh\">\n<div class=\"wJnIp\"><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>Mumbai: Sam Ghosh, a veteran of India\u2019s financial sector, is entering the mutual fund industry with his own venture. Markets regulator Sebi on Monday gave Cosmea Investments, the holding company for Ghosh\u2019s financial ventures, the go-ahead to launch its mutual fund business.<br \/>The company had applied for an MF licence in May 2024. It would take about six months to launch operations, Ghosh told TOI. Initially, the group aims to invest Rs 200 crore in the fund management business. The proposed fund house will have products in both sub-segments of the industry, active and passive. The group currently has Sebi approval to run portfolio management services (PMS) and alternate investment fund (AIF) businesses. Under its PMS arm, the group manages about Rs 170 crore. AIF is a relatively new business that is just taking off, Ghosh said. It also has a license to run a fund management business in the GIFT City.<br \/>Cosmea\u2019s capital markets division offers services that include broking &amp; distribution, wealth management and advisory. All its capital market businesses collectively manage\/advise assets worth about Rs 1,000 Crore.<br \/>In early 2000, Ghosh had led Bajaj\u2019s insurance ventures in India in which global major Allianz was the partner. Then in 2008 he had moved to Anil Ambani\u2019s Reliance Capital to lead the financial services entity that over the years emerged to be a major player in the mutual fund, broking and commercial finance sectors. He quit the group in 2017 to lead Bharti (Airtel) group\u2019s financial services operations. After a few years he quit that to set up his own venture.<\/div>\n<\/div>\n<p><script>\nvar _mfq = window._mfq || [];\n_mfq.push([\"setVariable\", \"toi_titan\", window.location.href]);\n!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };\n    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };\n    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')\n      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n         function setAttributes() {\n                    var prime_user_status = window.isPrime ? 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Markets regulator Sebi on Monday gave Cosmea Investments, the holding company for Ghosh\u2019s financial ventures, the go-ahead to launch its mutual fund business.The company had applied for an MF licence in May 2024. It would take [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":206140,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/static.toiimg.com\/thumb\/msid-47529300,imgsize-110164,width-400,resizemode-4\/47529300.jpg","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[162495,289,4073,24021,5715,273,176,271,3057,935,9136,5394,272,5963,24104],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/206139"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=206139"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/206139\/revisions"}],"predecessor-version":[{"id":206141,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/206139\/revisions\/206141"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/206140"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=206139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=206139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=206139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}