Marcellus Mutual Fund Launch Gets SEBI Nod As Saurabh Mukherjea-Led Firm Expands Beyond PMS
Add Preferred News Source
Saurabh Mukherjea-led Marcellus Investment Managers has received final SEBI approval to launch its mutual fund business. The move expands the firm's offerings beyond PMS and AIFs.
Saurabh Mukherjea-led Marcellus Investment Managers has received final approval from the Securities and Exchange Board of India (SEBI) to launch its mutual fund business, marking the firm's entry into India's mutual fund industry.
Marcellus, which currently operates in the Portfolio Management Services (PMS) and Alternative Investment Fund (AIF) segments, will now expand into mutual funds and cater to a wider investor base.
The SEBI approval comes as Marcellus looks to take its investment business beyond its existing offerings. The firm was founded in 2018, with Mukherjea serving as founder and Chief Investment Officer.
Marcellus has not yet announced the schemes it plans to launch under the new mutual fund business.
Marcellus' Mutual Fund Business
Marcellus said the mutual fund platform will allow it to access a larger pool of household savings as it enters India's mutual fund industry.
The firm currently offers investment strategies through PMS and AIF structures. Its mutual fund business will add a new offering to the existing portfolio.
Pramod Gubbi, Managing Director and CEO of Marcellus Mutual Fund, said the firm will focus on building its fund house with an emphasis on processes, communication and execution.
The company has not yet announced details of the mutual fund schemes it plans to launch.
Marcellus Expands Beyond PMS & AIF
Marcellus Investment Managers was established in 2018 by a group of investment professionals. Mukherjea is the firm's founder and Chief Investment Officer.
The firm's existing offerings include PMS and AIF strategies. It has also operated a fund management entity in GIFT City. Its non-retail fund management licence was converted into a retail licence in February 2026.
The mutual fund approval comes as Marcellus prepares to take its investment business to a broader investor base.
Mukherjea said the mutual fund structure would allow the firm to pursue its investment approach at a larger scale through a regulated and accessible format.
Also Read - Momai Art Files DRHP For IPO Of Up To 2.41 Crore Shares
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Rochelle Britto has spent 8+ years decoding India's markets, businesses, and consumer economy, reporting for ET Prime and Times Internet along the way, covering the stories behind the numbers.
A Mumbai native and perpetual planner of the next holiday, she stays far, far away from the eternal question, “Where are we going next?” When she's not chasing headlines, she's chasing new cultures, open roads, and a bit of quiet in nature.
Right Tools, Rich Insights
