~ A bold entry into India’s mutual fund space, led by visionary founder Madhu Lunawat, marks a turning point for inclusive wealth creation in line with the Viksit Bharat vision ~
In a landmark moment for India’s asset management industry, The Wealth Company Mutual Fund—India’s youngest AMC and a part of the Pantomath Group—achieved a historic first by filing four Scheme Information Documents (SIDs) with SEBI on the very same day it received its mutual fund license, July 18, 2025.
This swift action reflects not just operational agility, but a razor-sharp strategic focus on empowering India’s retail investors. Built on the principles of accessibility, trust, and inclusion, the AMC’s move signals a strong commitment to democratizing wealth creation and aligning with India’s broader Viksit Bharat mission.
Notably, The Wealth Company Mutual Fund is the only Indian fund house founded and led by a woman—Ms. Madhu Lunawat, who serves as Founder, MD & CEO. Her vision is clear: to unlock high-conviction investing opportunities for everyday Indians that were once exclusive to institutions and HNIs.
Wealth creation is not just about numbers—it is about trust, time, and evolution. For far too long, access to high-conviction investing was gated by high ticket investment. At The Wealth Company Mutual Fund, our belief is simple: the wisdom that shaped the fortunes of institutional and HNI investors must now serve the wealth creation aspirations of every Indian. Our journey begins with intent, not imitation—with the clarity to do what is right, not just what is popular. Because in a truly Viksit Bharat, prosperity must be participative” – said Ms. Madhu Lunawat, Founder, MD & CEO, The Wealth Company Asset Management Holdings Private Limited.
A Leadership Team Rooted in Experience
To spearhead its ambitious agenda, The Wealth Company Mutual Fund has brought together a powerhouse leadership team with deep expertise across asset classes, investment strategy, operations, and compliance. The team includes Mr. Prasanna Pathak as Deputy CEO, Ms. Aparna Shanker as Chief Investment Officer – Equity, Mr. Umesh Sharma as Chief Investment Officer – Debt, Mr. Debasish Mohanty as Chief Strategy Officer, and Mr. Bhalchandra Joshi as Chief Operating Officer. Collectively, this experienced group is well-positioned to drive disciplined investing, institutional-grade decision-making, and long-term alignment with retail investors, reinforcing the AMC’s commitment to inclusive wealth creation.
Bridging Institutional Expertise with Retail Aspirations
The Wealth Company Mutual Fund’s leadership team brings together a powerful blend of institutional experience and strategic foresight, enabling the AMC to offer institutional-grade investment management tailored for India’s retail investors. This aligns seamlessly with the national vision of Viksit Bharat, promoting inclusive capital formation and broad-based financial empowerment.
Strengthening this foundation is the AMC’s Trustee and Board of Directors, composed of eminent Independent Directors with outstanding credentials in governance, policy-making, and public administration. Their presence underscores the AMC’s unwavering commitment to high fiduciary standards and institutional integrity.
Among the notable appointees are Dr. Ram Sewak Sharma, a 1978 batch IAS officer and former Director General of UIDAI, Chairman of TRAI, and Chairman of ONDC; Smt. Rashmi Verma, a 1982 batch IAS officer and former Secretary at the Ministry of Textiles; Dr. Hukum Chand Jain, a retired 1982 batch IRS officer with extensive experience in the Ministry of Finance and Department of Revenue; and Shri Krishan Kumar Jalan, a retired IAS officer who served as Secretary in the Ministry of Micro, Small and Medium Enterprises (MSME).
The board also includes Mr. Hemant Bhargava, who served as Chairman-in-Charge and Managing Director of the Life Insurance Corporation of India (LIC), and held concurrent leadership roles at IDBI Bank and LIC Housing Finance; and Mr. Atul Joshi, a Chartered Accountant and veteran in capital markets with over three decades of experience in economic policy and institutional finance.
Together, this distinguished board not only brings depth in capital markets and compliance but also embodies the spirit of nation-building, having shaped some of India’s most influential public digital assets and policy frameworks. Their collective expertise ensures that The Wealth Company Mutual Fund remains firmly guided by purpose, governance, and a commitment to the financial upliftment of every Indian.
Digital-First, Retail-Focused: A Platform for Every Indian
To complement its retail-led strategy, The Wealth Company Mutual Fund has launched its official digital platform, designed to offer a seamless, transparent, and personalized investment experience. From first-time investors to financially savvy millennials, the AMC aims to simplify the investment journey while fostering a culture of long-term, goal-driven financial planning.
With visionary leadership, a powerful governance framework, and a clear mission to serve retail India, The Wealth Company Mutual Fund is not just launching products—it is reimagining participation in India’s wealth creation story. As the nation steers towards Viksit Bharat, this AMC stands ready to be a trusted partner in building inclusive financial prosperity for all.
About The Wealth Company:
The Wealth Company is the asset management arm of the Pantomath Group, a respected financial institution recognized for its discovery-led investing approach and deep capital markets expertise. With approximately ₹10,000 crores in client assets under management, The Wealth Company offers high-integrity investment products across asset classes—designed for performance, backed by rigorous research, and driven by a purpose-led philosophy. Founded by Madhu Lunawat, also Co-founder of Pantomath Group, the firm reflects a disciplined investment-first mindset rooted in deep due diligence, intelligent product design, and long-term value creation.
Headquartered in Mumbai, The Wealth Company received final SEBI approval to operate as an Asset Management Company under the SEBI (Mutual Funds) Regulations, 1996, on July 18, 2025. It also manages multiple Category II AIF schemes, including the India Inflection Opportunity Fund, Bharat Value Fund, and Bharat Bhoomi Fund. The firm’s Board of Directors brings together industry veterans offering strategic oversight and robust governance. As a signatory to the United Nations Principles for Responsible Investment (UN PRI), The Wealth Company integrates ESG principles into its investment process, reinforcing its commitment to responsible and sustainable wealth creation.
