"Panic is profitable."
Late Mr M J Pherwani, Former Chairman of UTI
EVOLUTION
- MSJ Capital has been leader in switching from one product to another to suit market requirements
- Started with active trading in units of UTI(Unit Trust of India) 1964 scheme & tax free bonds.
- Switched to placement of preference shares of corporates with other corporates, banks & institutions as sec 80 M of the Income Tax Act was removed for units of UTI 1964 scheme & became applicable to dividend on preference shares.
- Thereafter MSJ Capital did placement of short term & long term debt like inter corporate deposits, placement of corporate debentures.
- Since the year 1999 became active in mutual fund advisory and has been successfully advising corporates, banks & financial institutions on advising timely investments/ disinvestments in mutual fund schemes & changing from one asset class to the other.
- This change of product profile alongwith a very trim & fit organisation has been responsible for the success of MSJ Capital in both adverse & good markets.