Arihant Capital Receives SEBI's In-Principle Approval to Set Up AMC

Building on over three decades of market experience, Arihant Capital Markets Limited takes another step towards its founding vision of making every Indian financially independent.

Mumbai, November 2026: Arihant Capital Markets Limited has received in-principle approval from the Securities and Exchange Board of India (SEBI) to act as a sponsor and establish its own mutual fund, marking a significant milestone in the company's journey and its next chapter in India's financial services industry.
 

Commenting on the development, Mr. Ashok Kumar Jain, Chairman, Arihant Capital Markets Limited said, "I have always believed that the power of investing should not be limited to a privileged few. Our vision when we started Arihant was to make every Indian financially independent, and that belief continues to guide us. We see mutual funds as an important vehicle to take this vision forward. They offer a simple and accessible way for people to participate in financial markets and pursue their long-term wealth creation goals, without necessarily having to navigate the complexities of investing directly."
 

Established in 1992 with a vision of making every Indian financially independent, Arihant was built on a fundamental belief in the power of investing to transform lives. More than three decades later, that belief continues to shape the company's direction and ambitions.
 

Over the years, the company has navigated several defining periods in financial market history, including speculative market bubbles, global financial crises, unprecedented economic disruptions and changing geopolitical landscapes. 

Through these cycles, Arihant Capital has built deep market experience, research capabilities and an enduring understanding of investment cycles.
 

The proposed entry into asset management is a natural progression of this journey. Through its mutual fund business, Arihant aims to develop thoughtfully designed investment solutions that make participation in financial markets more accessible and help investors benefit from India's long-term growth story. The focus will be on enabling disciplined investing and creating opportunities for wealth creation across different investor needs and financial goals.
 

Adding to this, Mr. Ashok Kumar Jain said, "This is also an opportunity to bring our experience, research and understanding of market cycles to a wider investor community. We want to translate that knowledge into investment solutions that help people invest with greater confidence, remain focused on their long-term goals and participate meaningfully in wealth creation. Ultimately, we want to help more Indians discover the potential of investing and build a financially secure future."

As India moves towards a more investment-oriented economy, Arihant sees its proposed AMC as an opportunity to contribute meaningfully to this transformation, helping more Indians discover the power of investing and take ownership of their financial futures.
 

The company will now progress towards establishing its Asset Management Company and Trustee Company, subject to fulfilment of the applicable regulatory requirements.
 

Mr. Arpit Jain, CEO and Joint MD of Arihant Capital Markets Limited said, "For us, this is much more than an expansion into a new business. It is an opportunity to take our founding vision to a much wider audience. We have spent over three decades building our understanding of markets and investor needs, and we now look forward to channelising that experience into products that can make a meaningful difference to people's financial journeys. Ultimately, our ambition remains unchanged: to make financial independence an achievable aspiration for every Indian."

About Arihant Capital Markets Limited
Established in 1992, Arihant Capital Markets Limited is a diversified financial services company with expertise across stockbroking, wealth management, depository, portfolio management, merchant banking, research and other financial services. 
 

With a presence across more than 300 cities and a network of over 800 investment centres, Arihant is committed to expanding access to financial markets and investment opportunities across India.