New Delhi, Nov 17 (PTI) Master Capital Services on Monday said it has received in-principle approval from markets regulator Sebi to sponsor a mutual fund.

The approval allows the company to take additional regulatory steps necessary to form an Asset Management Company (AMC) and launch mutual fund schemes, subject to fulfilling Sebi's final registration requirements.

"The proposed mutual fund business will create a variety of equity, hybrid, and multi-asset schemes, which are meant for different types of investors," Master Capital Services, a subsidiary of Master Trust, said in a statement.

In terms of investment approach, it will involve a combination of quantitative investment methodologies with a bottom-up approach engineered to generate superior risk-adjusted returns over time, the s

See Full Page