The Muthoot Group ventured into the competitive world of equity & commodity broking on 28th May 2008, with the objective of sustaining its leadership by positioning itself as a professional outfit dedicated to high standards of business excellence marked by integrity, fairness and transparency, strict adherence to commitments and most importantly trust.
Muthoot Securities Limited (MSTL) is a member of all major stock exchanges viz., NSE, BSE and MCX-SX. MSTL acts as a full-fledged depository participant of CDSL and NSDL. Muthoot Commodities Limited (MCDL) is affiliated to major commodity Exchanges viz., MCX, NCDEX, NMCE and NSEL.
MSTL has its operations spread across 200 business centers in Kerala, Tamil Nadu, Andhra Pradesh and Karnataka and provides an array of financial products and services namely Equity, Commodity & Currency Trading, Internet Based Trading, Portfolio Management Services, Depository Services, Mutual Funds, PAN Services, Market Research, etc.
With the overall objective of increasing the investors’ significant platform of operations, Investor Awareness Programs (IAPs) are conducted across cities and towns in partnership with national exchanges and depositories.
Muthoot Securities goes further to cater to its valuable clients with market insights and investment advice, through its strong & experienced fundamental & technical research team thereby bringing the best independent and innovative thinking to investment decision making.
MSTL is also one of the leading PAN Card service providers in the country and has already successfully provided PAN Card services to over 8 lac customers in India in partnership with UTI.
MSTL has also ventured into another customer service area, that of Vehicle Insurance. Currently, MSTL has aligned with 5 leading Non-Life Insurance Companies in the country namely:
- HDFC Ergo
- New India Assurance