Mumbai, Oct. 19 -- Nuvama Wealth Management announced that its wholly owned subsidiary, Nuvama Asset Management has received approval from the

Securities and Exchange Board of India to establish / launch a Specialized Investment Fund (SIF) under the SEBI (Mutual Funds) Regulations, 2026, vide letter dated 19 October 2026. Under the SIF, NAML will launch a Secialised Investment Platform - Numa SIF and offer SIF Products.

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