Marcellus Enters Mutual Fund Space After Securing SEBI Approval

Marcellus Investment Managers has received final approval from the Securities and Exchange Board of India (SEBI) to launch a mutual fund business, a major milestone for the firm since it was founded in 2018. The firm, founded by Saurabh Mukherjea, has so far offered portfolio management services (PMS) and alternative investment funds (AIF). It will now tap India's fast-growing mutual fund market through Marcellus Mutual Fund, led by managing director and chief executive Pramod Gubbi. Mukherjea is the chief investment officer.