Monarch Networth Capital gets SEBI nod to launch Monarch Mutual Fund

Regulatory product approvalBusiness Updates View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+4.1%Reaction day

₹265.73

prior close

₹271.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+3.0% vs market

Stockbroking & Allied peers, median of 36sector+1.8%+2.2% vs sector

On the reaction day the stock moved 3.0 pts more than Nifty Microcap 250 and 2.2 pts more than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+4.1+1.1+3.0+1.8+2.2

Next day

+9.5+1.4+8.1+2.5+7.0

+11.2+5.6+5.6+8.3+2.9

+9.2+5.6+3.6+9.3-0.1

+11.2+7.8+3.4+11.0+0.2

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+13.6+11.8+1.8+14.0-0.3

15d

+11.9+15.8-3.9+13.4-1.5

+17.8+18.9-1.1+15.0+2.8

+26.1+17.7+8.3+11.6+14.5

+32.8+27.5+5.3+15.9+16.9

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 36Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

SEBI has approved Monarch Networth Capital's application to act as Sponsor for a mutual fund called 'Monarch Mutual Fund.' Its wholly-owned subsidiary, Monarch Asset Management Pvt Ltd, has also received approval to act as the AMC. This adds a mutual fund vertical to the company's existing businesses spanning retail broking (3 lakh+ clients), institutional broking, AIFs (~₹1,000 crore AUM), and PMS. PAT has grown from ₹2 crore in FY19 to ₹135 crore in 9MFY25. The entry targets India's mutual fund industry where AUM has crossed ₹80 lakh crore.

Likely market impact

Positive — opens a new, scalable revenue stream in India's fast-growing mutual fund industry, leveraging existing client base to drive long-term growth and platform value.