GENERAL19 Oct 2026
1 Finance gets Sebi in-principle approval for passive-only mutual fund
1 Finance has received in-principle approval from the Securities and Exchange Board of India to run a mutual fund business that offers only passive funds. The wealth-tech firm says it will launch its MF Lite fund house in Q4FY27, after it meets the regulator's requirements. If it does, it would become the first asset management company to operate under Sebi's new framework.
Key Statutory Highlights
- Sebi has given 1 Finance an in-principle nod to start a mutual fund business restricted to passive funds.
- The company plans to open its MF Lite fund house in Q4FY27, once it satisfies the regulator's conditions.
- The source says it could be the first asset management company launched under Sebi's new framework.
Actionable Advice for Taxpayers / Founders:Watch for the MF Lite launch in Q4FY27, which the source ties to 1 Finance meeting Sebi's regulatory requirements first.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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