Chandigarh, July 23, 2025: The Wealth Company Mutual Fund (Wealth Company Asset Management Holdings Private Limited) A Pantomath Group Company, today announced its long-term strategy to build up to 45% of its investor base from Tier 2 and Tier 3 towns by 2030, reinforcing its commitment to democratizing wealth creation across Bharat and aligning with India’s Viksit Bharat vision. The announcement was made at the company’s first press conference, following SEBI’s final approval for launching mutual fund operations. Interestingly, The Wealth Company Mutual Fund is India’s only fund house founded and led by a woman- Madhu Lunawat.
The Wealth Company Mutual Fund enters the ₹74.41 trillion mutual fund industry with a strong institutional legacy and a differentiated approach. The firm will combine bottom-up research rigor with retail-friendly investment simplicity, bringing institutional discipline to India’s expanding retail investor base.
Crucially, The Wealth Company MF’s foray builds upon its proven track record in managing sophisticated investment products across Alternate Investment Funds (AIFs), Portfolio Management Services (PMS), and institutional advisory mandates. It is backed by the strength of Pantomath Group—one of India’s fastest-growing financial services firms— with INR₹10,000 crores of client assets under the group’s purview, in client assets through four high-performing, theme-based AIFs. These have catered to both domestic HNIs and global investors, with a focus on structured equity strategies, deep-market research, and governance-first execution.
“The Wealth Company Mutual Fund is built on a strong foundation of disciplined investing, research-led strategy, and deep understanding of India’s financial ecosystem,” said Ms. Madhu Lunawat, Founder, MD & CEO of The Wealth Company Asset Management Holdings Private Limited
“Our aim is to catalyse financial empowerment across India, especially in Bharat markets that are often underserved. We have set a bold but achievable vision—to ensure that up to 45% of our investor base comes from Tier 2 and Tier 3 towns by 2030. This is not just a metric—it reflects our commitment to inclusive investing and our role in advancing the Viksit Bharat agenda. With a leadership team of seasoned industry veterans, a robust distribution strategy, AI-powered research, and high-quality training for our MF Distributor (MFD) partners, we are fully equipped to deliver on this mission,” Ms. Lunawat highlighted.
The Wealth Company Mutual Fund also introduced a high-calibre leadership team including Mr. Prasanna Pathak (Deputy CEO), Ms. Aparna Shanker (CIO – Equity), Mr. Umesh Sharma (CIO – Debt), and Mr. Debashish Mohanty (Chief Strategy Officer) and Mr. Bhalchandra Joshi (COO), —each with distinguished credentials and decades of experience at leading institutions like UTI, SBI MF, Franklin Templeton, 360 One, and Nippon Life among others.
The firm is building a digitally enabled, nationwide MFD network with strong field support and distributor development, including capability-building programs in collaboration with global partners like Moody’s.