About the Company

Founded in 2010, MFS is a humble beginning in the vast universe of financial services. It is a full fledged financial services firm offering a wide range of financial products and services to institutions, corporates and individuals. MFS offers its clients a talent pool of experienced and dedicated investment professionals, consultants and analysts whose sole objective is to deliver the highest level of performance. With an innovative but robust approach towards investments, MFS believes in result oriented philosophy backed by intensive quantitative and qualitative research.

Our People

Keeping in mind the huge array of industries and businesses encompassing the financial service industry, qualified and competent people possessing industry knowledge and experience is the foremost requirement to realize investment returns and performance

Key people at MFS complement this requirement with substantial man-years of experience in varied industries and domain:

S I Mandowara, Founder
Chartered Accountant with over 30 years of industry experience in project planning & execution, commercial, finance, investments, audit and taxation aspects across industries.
Prior to MFS, SI Mandowara has been involved for more than 15 years as President with Modern Group, Mumbai. Before that, he had successful association with FAG, Godrej and Sarabhais.

Devang Mandowara, MBA Finance
With substantial experience in research and analytics, Devang possesses the technical skills to understand and analyze businesses in depth using a multi-thronged approach. Devang specializes in Industry/ Business Research, Equity, Investment Banking & Credit Research


To achieve the highest level of excellence with due ethics & professionalism in pursuit to satisfy client needs


MFS is committed to become a trustworthy partner to institutions, corporates and individuals with result oriented advice and solutions. We aim to offer the best in class products and services to meet client objectives.

Our Qualification

With necessary qualifications and certifications to remain competent, MFS offers a wide gamut of products and services in the Financial, Investment and Research landscape:


  • ICAI
  • Sub Broker: BSE, NSE
  • AMFI
  • IRDA
  • Institute of Valuers
  • Institute of Engineers
  • MBA

2015/9/4 12:16:50