Last Updated:July 02, 2025, 16:19 IST
Master Trust says the mutual fund business will introduce a broad basket of mutual fund equity schemes across various market capitalisation, including a multi-asset scheme.
The mutual fund will focus on quantitative techniques for fund management as well traditional bottom-up approach to generate superior risk-adjusted returns.
Broking and wealth management firm Master Trust on Wednesday said it has submitted an application to the Securities and Exchange Board of India (Sebi) seeking approval to launch mutual fund schemes under its group entity, Master Capital Services Limited, which will act as the sponsor of the proposed asset management company.
The group, which currently serves more than 4.2 lakh investors, already has a strong presence in equities, derivatives, commodities, and portfolio management services.
According to the company, “The mutual fund business will introduce a broad basket of mutual fund equity schemes across various market capitalisation, including a multi-asset scheme. The mutual fund will focus on quantitative techniques for fund management as well traditional bottom-up approach to generate superior risk-adjusted returns. These schemes are intended to address the changing financial objectives of both retail and institutional investors. The design of the products will focus on simplicity, affordability, and long-term value creation in the spirit of Master Trust’s investor-first approach.”
The company in a statement said the mutual fund business will aim to address evolving investment goals by offering solutions suited to a wide range of risk appetites and financial timelines.
India’s mutual fund industry is witnessing rapid growth, with assets under management (AUM) crossing Rs 70 lakh crore recently. Master Trust believes the timing is right to enter the space and tap into the rising demand for professionally managed investment vehicles.
With the advantage of having decades of experience in financial services and a technology-based approach, the mutual fund business is poised to add to the existing bouquet of investment services of the firm, it said.
Sebi’s approval is awaited before the mutual fund schemes can be launched.
Investors continues to park their money in mutual funds, with contributions in SIPs reaching a new high of Rs 14,749 crore last month, after a brief dip to Rs 13,728 crore in April. It was Rs 14,276 crore in March.
This robust inflow has led to assets under management of SIP rising by five per cent to Rs 7.53 lakh crore last month from Rs 7.17 lakh crore in April.
Assets under management of equity mutual funds shot up 4.5 per cent month-on-month to Rs 16.56 lakh crore in May, fuelled by a surge in market indices and a spike in equity scheme sales.
The industry saw an increase in equity scheme sales month-on-month (MoM) by 21 per cent to Rs 34,100 crore.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso… Read More
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