Master Trust, a well-known broking and investment platform, has taken a significant step to broaden its financial services by applying to the Securities and Exchange Board of India (SEBI) for a mutual fund license. The application was filed through its wholly owned subsidiary, Master Capital Services Limited. The goal is to establish an asset management company (AMC) that will launch mutual fund schemes upon receiving SEBI's approval.
This move signifies Master Trust's ambition to enhance accessibility to professionally managed investment products for a wider range of investors. Master Trust has an established presence in equities, commodities, derivatives, and wealth management. The company boasts a client base of over 4.2 lakh investors and prides itself on delivering transparent, research-driven financial products supported by a robust digital infrastructure.
The planned mutual fund business intends to offer a diverse array of equity schemes spanning various market capitalizations, including a multi-asset scheme. The fund management strategy will incorporate quantitative techniques alongside a traditional bottom-up approach, aiming to generate superior risk-adjusted returns.
Master Trust Ltd., established in 1985, is a Public Limited Listed company. It operates in the Non-Banking Financial Company (NBFC) sector as a Smallcap company on the BSE. For the year ending March 31, 2025, the company reported a total operating revenue of Rs. 20.02 Cr. and an equity capital of Rs. 11.27 Cr. As of July 1, 2025, Master Trust's share price was ₹142.9, with a P/E ratio of 12.22 and a PB ratio of 3.34.
In related news within the financial sector, Invesco Mutual Fund recently launched the Invesco India Income Plus Arbitrage Active Fund of Fund. This fund aims to provide investors with an alternative to traditional debt investments by investing in actively managed debt-oriented schemes and equity arbitrage schemes.