Stories

Mutual funds
Mutual funds allow investors to pool their money with other investors, with the accumulated corpus invested across assets such as equities, bonds or a combination of both. Professional fund managers manage these portfolios, making mutual funds an option for investors who want diversification without selecting individual securities themselves.
The level of risk depends on the category of mutual fund selected.
Risk profile: Low to high, depending on the fund category
Investment tenure: Can range from a few days for certain liquid funds to several years for long-term equity funds
Expected returns: Vary according to the fund category and market performance
Taxation: Returns are generally subject to applicable capital gains tax rules. (Image: freepik)
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CNBC TV18•30-09-2026, 15:55
Marcellus Investment Managers Receives SEBI Nod for Mutual Fund Business Expansion
  • •Marcellus Investment Managers has secured final approval from SEBI to launch its mutual fund business in India.
  • •This approval enables Marcellus to extend its research-led, long-term investment approach beyond existing PMS and AIF offerings to a broader investor base.
  • •The new mutual fund platform will allow Marcellus to participate in India's growing mutual fund industry and tap into household savings.
  • •Pramod Gubbi, MD and CEO of Marcellus Mutual Fund, emphasized building an investor-first fund house with disciplined processes and clear communication.
  • •Saurabh Mukherjea, CIO, stated the mutual fund structure will facilitate pursuing their investment philosophy at a larger scale through a transparent and accessible format.

Key Questions Answered

Marcellus Investment Managers received final approval from the Securities and Exchange Board of India (SEBI) to commence its mutual fund business in the country.

Pramod Gubbi serves as the Managing Director and CEO of Marcellus Mutual Fund, while Saurabh Mukherjea holds the position of Chief Investment Officer at Marcellus Investment Managers.

Founded in 2018, Marcellus previously offered Portfolio Management Services (PMS) and Alternative Investment Fund (AIF) solutions before expanding into the mutual fund industry.