The agreement will allow Sanctum's clients access to the fund.

Sanctum Wealth Management has partnered with Equanimity Investments, a venture capital fund.

This partnership will give Sanctum's clients access to Equanimity's start-up ventures fund, in a bid to diversify their portfolios, the firm said in a statement.

Equanimity’s fund will offer investors a risk-return profile by investing in a diversified portfolio of early stage firms across a various number of sectors.  It will invest in start-ups, emerging or early stage venture capital undertakings mainly involved in new products, new services, technologies, intellectual property rights based activities or companies that are pursuing innovative business models. While it will primarily focus on ventures within India, it will also look to invest in start-up ventures and growth ventures abroad.

The fund will span seven years, and will be extendable by two years.

“We are delighted to join hands with Mr. Rajesh Sehgal, and are positive that his long-standing expertise within the venture capital and angel investing space will help us bring well-researched ideas to our clients, helping them grow their portfolios," said Shiv Gupta, chief executive at Sanctum Wealth Management. “At Sanctum, we have always placed emphasis on generating new ideas and have consistently worked towards developing innovative and relevant products for clients. Through our association with Equanimity, we will help clients partner in projects within India’s budding start-up industry.”

This publication has asked Sanctum WM about who will run the fund, and will update in due course.