Edelweiss Mutual Fund CEO Reflects on India Return, Launches New Multi-Asset Fund
Edelweiss Mutual Fund introduces a new Multi Asset Omni Fund of Fund, offering diversified investment across domestic equity (65%), gold (10%), silver (10%), and fixed income (15%). The fund's subscription period is open until August 26, with continuous transactions reopening on September 11. Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, reflects on her decision to return to India in 2009, citing opportunities for growth and impact in the country's financial sector.
*this image is generated using AI for illustrative purposes only.
Radhika Gupta, Managing Director and CEO of Edelweiss Mutual Fund, recently shared her reflections on her decision to return to India from the United States in 2009, coinciding with the launch of a new multi-asset fund by her company.
A Career-Defining Move
On the occasion of India's Independence Day, Gupta took to social media to discuss what she calls "the best decision of my life." Despite advice cautioning against leaving potential opportunities in the US, including a green card and a dollar-denominated salary, Gupta chose to return to India. She emphasized her belief in the country's potential, citing opportunities for building, making an impact, and experiencing growth.
New Fund Launch
The reflection comes at a time when Edelweiss Mutual Fund has introduced its Multi Asset Omni Fund of Fund. This new offering aims to provide investors with a diversified portfolio across multiple asset classes:
- 65% allocation to domestic equity
- 10% allocation to gold
- 10% allocation to silver
- 15% allocation to fixed income
Investment Timeline
Investors interested in this new fund have a limited window for initial subscription:
| Event | Date |
|---|---|
| Subscription period | Until August 26 |
| Reopening for continuous transactions | September 11 |
Gupta's personal story of returning to India and her company's launch of a new multi-asset fund underscore the dynamic nature of India's financial sector. As the mutual fund industry continues to innovate and grow, it reflects the opportunities that Gupta highlighted in her Independence Day message.
The launch of the Multi Asset Omni Fund of Fund also indicates a trend towards diversified investment options, catering to investors looking for exposure across different asset classes within a single fund.
20
