"As a model, I can relate a lot to my character in the film. The film is very close to reality, but with a mix of fiction. It very well captures the emotions of everyone involved in the fashion fraternity - from a model to a designer, " Mugdha told in an interview.
Mughda plays Janet Sequeira, one of three leads in the film alongside Priyanka Chopra and Kangana Ranaut with other stars like Arbaaz Khan, Arjan Bajwa and the who's who of the fashion fraternity.
The film is releasing Oct 29. Throwing light on her character, she said: "I play a very vibrant, outgoing, bold and outspoken girl whose life takes a turn when something happens to her.
She has struggled a lot and has become very strong. My character is intertwined with that of the other characters in the film and it is an emotional journey for all of them."
The debutante was anxious before giving her first shot for the film despite having attended a 10-day acting workshop at Anupam Kher's acting school - Actor Prepares.
"I was really nervous before the first shot, as I had never acted in my life. But I was pampered a lot and they never let me feel like a newcomer. In fact, Madhur gave me full liberty to act in front of the camera. "And I'm still overwhelmed with the applause I got after the shot. I can still hear the sound of those claps, " she said.
The model also drew contrast between walking the ramp in real life and in the film.
"It was a completely different experience for me. I realised that a real ramp walk and the one for a film is completely different. In real life, ramp walk is hardly a 15-minute affair, it took us around four days to shoot the same for the film.
"In terms of expressions, you generally keep a straight and stiff look on the face on the ramp, but for a film you have to be very expressive and exaggerate a bit, " said Mugdha, a trained Kathak dancer.
Though "Fashion" has garnered much media attention even before its release, Mugdha reveals that the fashion fraternity is quite sceptical about their portrayal in the film.
"They are afraid of what he (Madhur Bhandarkar) has shown about the fashion industry in the film. But I am sure once they watch the film, they won't have any reason to be scared at all, " she said.
Not even one-film old, Mugdha is already inundated with offers and has signed a three-film deal with a production house.
"I have also signed a three-film deal with Percept Pictures Company. I am also reading scripts and there is a lot of offers coming my way. But I want to do interesting roles that have substance and I will go with my gut feeling while selecting movies, " she revealed.
On being asked if she were bidding adieu to her modelling career, she asserted: "I won't quit modelling, but I'll concentrate more on acting career as of now."
As far as her own fashion statement is concerned, the model-turned-actress believes in the jargon, "You should not go after fashion, it should come to you".