“Subject to regulatory approval, we plan to launch a mutual fund platform in June to expand the reach of the MF segment beyond the top 30 markets,” said Arun Raste, managing director and chief executive officer at NCDEX in the email. “We have just finalized the systems, hardware, et al for the equity (cash) segment and, once we receive Sebi (Securities and Exchange Board of India) approval, we intend to launch it towards the year-end.”
