Company Information

Get to know Peerless Mutual Fund

Peerless Mutual Fund was the mutual fund arm of The Peerless General Finance & Investment Company Limited, a prominent financial services conglomerate in India. Established in 2009, the asset management company aimed to provide investors with opportunities for long-term wealth creation through a variety of equity, debt, and hybrid fund schemes. In 2016, the fund house was acquired by Essel Finance Management and was subsequently rebranded as Essel Mutual Fund. Later, in 2021, Essel Mutual Fund was acquired by Navi Group and is now known as Navi Mutual Fund.

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Peerless Mutual Fund

India

Founded in

2009 (17 Years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.