Master Capital Services secures Sebi nod to enter mutual fund space

THEBUSINESSBYTES BUREAU

NEW DELHI, NOVEMBER 17, 2025

Master Capital Services on Monday announced that it has received in-principle approval from the Securities and Exchange Board of India (Sebi) to become a mutual fund sponsor, marking a significant expansion of its financial services portfolio.

The regulatory clearance paves the way for the company to initiate the formation of an Asset Management Company and introduce a range of mutual fund schemes, once it fulfils Sebi’s final registration requirements. According to the company, the proposed mutual fund business will roll out a diverse suite of equity, hybrid, and multi-asset schemes tailored to cater to varied investor profiles.

The investment philosophy will blend quantitative strategies with a bottom-up stock selection approach, designed to deliver superior risk-adjusted returns over the long term. The announcement comes at a time when India’s mutual fund industry is witnessing unprecedented growth, with assets under management recently surpassing the ₹75 lakh crore milestone.

Master Capital Services, a subsidiary of Master Trust, brings the expertise of its parent group — armed with nearly four decades of industry experience and a wide-ranging investment and trading platform — to its new venture in the asset management space.