Maharashtra Laghu Vikas Trust

Maharashtra Laghu Vikas Trust is a SEBI-registered Category I Alternative Investment Fund (IN/AIF1/15-16/0191), registered on December 10, 2015. The Trust is administered by SIDBI Trustee Company Limited (STCL) as sole Trustee, with its registered address c/o SIDBI Trustee Company Limited at Naman Centre, BKC, Mumbai. Under the Trust, the Maharashtra State Social Venture Fund (MS Fund) was established as a close-ended unit scheme on September 15, 2015, and the Initial Closing was announced on January 4, 2016. The fund has a tenure of 7 years and is registered as a Category I AIF under the Social Venture Fund sub-category. SIDBI Venture Capital Limited (SVCL) is the Investment Manager. MS Fund's investment objective is to generate superior returns by investing seed, early, and growth-stage capital primarily in MSMEs based in India — particularly those with innovative business models, new products, or new technologies — that add economic and social value while being commercially viable and scalable. The fund is backed by the Government of Maharashtra and is designed to bridge the equity financing gap for social-impact-oriented MSMEs in the state. As at the time of last available data, the fund was fully invested.