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Master Capital Receives SEBI Nod to Launch New Mutual Fund Schemes
Master Capital received SEBI approval to launch new equity, hybrid, and multi-asset mutual funds, tapping into the growing demand in India’s MF sector.
Master Capital Services has received SEBI’s in-principle approval to sponsor a new mutual fund, expanding its portfolio of investment options for Indian investors. The fund will focus on various equity, hybrid, and multi-asset schemes aimed at tapping into the growing mutual fund industry in India. The approval comes at a time when passive fund assets have seen a significant jump, reaching ₹13.67 lakh crore, with gold ETFs leading the inflows.
Master Capital’s upcoming schemes are expected to cater to different investor needs, increasing market participation in the MF space.