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Cosmea Financial Holdings (CFH), promoted by Sam Ghosh, has received approval from the Securities and Exchange Board of India (Sebi) to sponsor a mutual fund. Cosmea filed its application with Sebi in May and has six months to complete the registration formalities under the Securities and Exchange Board of India ( Mutual Funds ) Regulations, 1996. ET Year-end Special Reads Why these three sectors look promising for investors in 2025 18 top stock picks for 2025 from 6 leading brokers Buying a home in 2025? Here's how property market can shape up The approval marks a significant milestone in Cosmea’s journey to expand its presence in India’s rapidly growing financial markets, according to a press release.
The group is set to invest Rs 200 crore in its asset management company , with a focus on Quant and Smart Beta strategies to cater to the evolving needs of Indian investors. It has also entered into a distribution agreement with WisdomTree, a global ETF and ETP sponsor managing assets exceeding USD 100 billion. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations.
View Details » Cosmea currently manages and advises assets worth Rs 1,000 crore across its capital market businesses, including broking & distribution, wealth management, and advisory. The group recently expanded its footprint by acquiring a CAT III Alternate Investment Fund (AIF) license and a fund management entity license in GIFT City, the release said. With ambitious plans to achieve assets under management (AUM) of Rs 15,000 crore within three years, Cosmea aims to leverage its expertise in technology-driven growth through its SuperApp, physical distribution network, and strategic partnerships.
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This is just the beginning of our long-term vision to build a technology-first, customer-centric financial ecosystem,” said Sam Ghosh, Founder and Chairman, Cosmea Financial Holdings. With its diversified offerings, experienced leadership team, and focus on technology, Cosmea Financial Holdings is strategically positioned to tap into the immense growth potential of India's financial markets. Cosmea Investment Private Limited (CIPL) is the holding company for all financial services businesses under the Cosmea Group.
The company operates across three key verticals: capital markets, asset management, and insurance. In the capital markets vertical, it is providing comprehensive services, including broking & distribution, wealth management, and advisory. Its SuperApp is a new-generation, technology-driven digital platform offering seamless investment solutions.
In the asset management vertical, the company is managing over Rs 170 crore in Portfolio Management Services (PMS), Cosmea recently secured a CAT III AIF License and a Fund Management Entity License in GIFT City. The company is focused on launching domestic and offshore businesses within the next 6-9 months, with a digital-first approach to asset management. For the insurance vertical, the company in partnership with Qatar Insurance Company (QIC) and other investors, has applied for a General Insurance License.
The group aims to leverage its distribution network and management expertise to build a strong presence in the insurance sector..
