{"id":58674,"date":"2026-08-20T19:38:19","date_gmt":"2026-08-20T14:08:19","guid":{"rendered":"https:\/\/financialtelegraph.in\/index.php\/2026\/08\/20\/a-historic-first-for-the-mutual-fund-industry-midasx-mf-utilities-india-partner-to-bring-ai-powered-wealth-tech-to-mfds-across-bharat\/"},"modified":"2026-08-20T19:38:19","modified_gmt":"2026-08-20T14:08:19","slug":"a-historic-first-for-the-mutual-fund-industry-midasx-mf-utilities-india-partner-to-bring-ai-powered-wealth-tech-to-mfds-across-bharat","status":"publish","type":"post","link":"https:\/\/financialtelegraph.in\/index.php\/2026\/08\/20\/a-historic-first-for-the-mutual-fund-industry-midasx-mf-utilities-india-partner-to-bring-ai-powered-wealth-tech-to-mfds-across-bharat\/","title":{"rendered":"A Historic First for the Mutual Fund Industry: MIDASX & MF Utilities India Partner to Bring AI-Powered Wealth Tech to MFDs Across Bharat"},"content":{"rendered":"
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\"A<\/p>\n

Aakash Bansal, CEO, MIDASX, along with Ganesh Ram, MD & CEO, MF Utilities India<\/em>

<\/em>Mumbai (Maharashtra) [India], August 20: <\/strong>MIDASX, India\u2019s first AI-Powered B2B2C\u00a0Multi-Asset\u00a0wealth\u00a0technology platform, has entered into an exclusive strategic association with MF Utilities India to\u00a0make its multi asset wealth platform available to all Mutual Fund Distributors across the country.<\/p>\n

The association will enable MFDs to access and distribute Mutual Funds, International and\u00a0Indian Equities, Corporate Fixed Deposits, Loans against Securities, Unlisted Securities, Bonds,\u00a0MLDs and other financial products through MIDASX\u2019s integrated technology ecosystem. The\u00a0partnership is designed to give distributors a broader product\u00a0suite;\u00a0AI led technology\u00a0capabilities and the ability to build scalable wealth businesses.\u00a0MIDASX currently works with 2,000 plus MFDs, serving 7 lakh plus investors with assets of over\u00a0\u20b92.5 lakh crore across 160 plus cities spanning Tier 1, Tier 2 and Tier 3 Bharat.<\/p>\n

Aakash Bansal, CEO, MIDASX<\/strong>, said, \u201cThe next phase of India\u2019s wealth creation will be\u00a0driven by empowering the people who already have the trust of investors. MFDs have the\u00a0relationships and reach. Our job at MIDASX is to give them the future ready, new age and\u00a0affordable technology to take those relationships across products, markets and\u00a0geographies. Our association with MF Utilities India is an important step towards making\u00a0multi asset wealth technology affordable and accessible to the last mile MFDs across\u00a0India.\u201d<\/em><\/p>\n

Ganesh Ram, MD & CEO, MF Utilities India,<\/strong>\u00a0said, \u201cThe MFD community continuously\u00a0plays an increasingly important role in expanding participation in financial markets\u00a0across India. Our association with MIDASX brings together AI led technology and\u00a0distribution capabilities for MF & SIF products. We are pleased to collaborate with\u00a0MIDASX and look forward to supporting MFDs with technology enabled solutions that\u00a0can help them serve investors and build their businesses.\u201d<\/em><\/p>\n

MIDASX is also the Exclusive Strategic and Technology Partner to MACG, the Mutual Fund\u00a0Distributor Association of Associations, a collective platform representing 50+ mutual fund\u00a0distributor associations across India and working towards strengthening the interests,\u00a0capabilities and technology adoption of the distributor community.<\/p>\n

Together, the MF Utilities India and MACG partnerships strengthen MIDASX\u2019s MFD-focused\u00a0ecosystem by bringing together distribution, industry networks and technology to support the\u00a0future of wealth distribution in India.<\/p>\n

MIDASX has raised \u20b935 crore to date from family offices and UHNIs and is currently raising an\u00a0additional \u20b9200 crore to accelerate its growth.<\/p>\n

With its growing distributor base, association led partnerships and expanding multi asset\u00a0capabilities, MIDASX is positioning itself as a technology backbone for India\u2019s next generation of\u00a0wealth distribution. The platform enables MFDs to move beyond a single product approach and\u00a0build comprehensive, technology led AI-Powered Multi-Asset wealth businesses.<\/p>\n

About MIDASX<\/strong><\/p>\n

MIDASX is India\u2019s first AI-Powered B2B2C Multi-Asset wealth technology platform built to\u00a0empower Mutual Fund Distributors and financial advisors with technology to distribute and\u00a0manage multiple financial products through a single ecosystem. Its platform combines AI, digital\u00a0tools and multi asset capabilities to help distributors improve productivity, deepen investor\u00a0engagement and scale their businesses across India.<\/p>\n

About MF Utilities India<\/strong><\/p>\n

MF Utilities India is a transaction aggregation and technology platform serving the mutual fund\u00a0industry and its ecosystem of distributors, investors and asset management companies. The\u00a0platform enables a unified digital infrastructure for mutual fund transactions and related\u00a0services, helping create greater convenience, efficiency and connectivity across the mutual fund\u00a0distribution ecosystem.<\/p>\n

MF Utilities India works towards enabling a technology driven and interoperable ecosystem that\u00a0supports the evolving needs of distributors and investors across India.<\/p>\n

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n

\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Aakash Bansal, CEO, MIDASX, along with Ganesh Ram, MD & CEO, MF Utilities IndiaMumbai (Maharashtra) [India], August 20: MIDASX, India\u2019s first AI-Powered B2B2C\u00a0Multi-Asset\u00a0wealth\u00a0technology platform, has entered into an exclusive strategic … Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":58675,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[448],"class_list":["post-58674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","entry"],"_links":{"self":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/58674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/comments?post=58674"}],"version-history":[{"count":0,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/58674\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media\/58675"}],"wp:attachment":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media?parent=58674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/categories?post=58674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/tags?post=58674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}