Kolkata, July 30, 2025 :
The Wealth Company Mutual Fund, a Pantomath Group-backed AMC, has reaffirmed its mission to democratize wealth creation, spotlighting Kolkata and West Bengal as rising stars in India’s retail investment landscape. As India’s fifth-ranked city in mutual fund assets under management (AUM), Kolkata contributes 3.49% to the country’s total AUM cementing its growing status as a key hub for retail investing.
The city has seen a remarkable surge in Systematic Investment Plan (SIP) adoption, with registrations soaring from 1.2 lakh in FY 2023–24 to over 1.8 lakh in FY 2024–25. West Bengal, overall, has recorded a 28% year-on-year increase in average AUM as of May 2025underscoring the region’s disciplined and long-term investor mindset.
A major milestone in this transformation has been the rise of women investors, who now command 33.3% of mutual fund AUM in the state. This positions West Bengal among the top Indian states for female-led investing, signalling a major shift in financial empowerment and inclusion.
“Kolkata has always been known for its intellectual depth and financial discipline. Today, it is emerging as a strong force in India’s retail investment story,” said Madhu Lunawat, Founder, MD & CEO, The Wealth Company Mutual Fund. “We aim to make mutual fund investing simple, accessible, and inclusive across metros and smaller towns alike. This is not just about financial inclusion, it’s about building sustainable financial habits that help people achieve their life goals.”
She added, “Retail investing in India is quietly undergoing a transformation. Mutual funds are now a preferred vehicle for long-term wealth creation, particularly among first-time and small investors. In cities like Kolkata, where participation is rising steadily, we see a clear opportunity to offer simple, research-backed, goal-based products.”
Debasish Mohanty, Chief Strategy Officer at The Wealth Company Mutual Fund, emphasized the city’s unique investment character: “Kolkata is more than a financial market it’s a city of thoughtful investors. Our mission is to nurture this ecosystem with transparent offerings, intuitive digital platforms, and investor-first communication. We believe mutual funds should be for everyone not just the financially savvy.”
The Wealth Company Mutual Fund views Kolkata and West Bengal as a model of retail investor transformation. With consistent growth in SIPs and AUM, and increasing participation from women, the region is rapidly aligning with the future of goal-oriented investing in India.
The Wealth Company Mutual Fund is notably India’s first and only fund house founded by a woman. It has recently received SEBI approval to commence operations and has ambitious plans to draw one-third of its future investor base from Tier 2 and Tier 3 cities by 2030.
Backed by the Pantomath Group—a financial powerhouse in capital markets, investment banking, and institutional advisory—the AMC blends institutional-grade investing with retail simplicity. With a digitally enabled nationwide MFD (Mutual Fund Distributor) network, AI-powered research tools, and robust training programs, The Wealth Company Mutual Fund is gearing up to make wealth creation an accessible reality for every Indian.
