Edelweiss Mutual Fund crosses Rs 1.50 lakh crore AUM: Radhika Gupta shares Rs 150 coin

Edelweiss Mutual Fund has crossed Rs 1.50 lakh crore of AUM, the CEO Radhika Gupta posted on social media, observing that milestones aren’t the end, they are the moments that reassure, energize and inspire.

Rs 1.5 lakh crore of AUM reflects the strength of our foundation and confidence in our future, the fund house said.

In another post the CEO shared a video showing a Rs 150 coin which she feels privileged one to have.

Also Read | An underrated solution, finding its due: Radhika Gupta reacts on tax-efficient options beyond equities

She posted on social media X that, “Celebrating our 150 with a mega 150! 150,000 crores of AUM for @EdelweissMF, a young financial institution celebrated with 150 years for @bseindia, an iconic financial institution. This coin – legal tender of 150 rupees – is one I am privileged to have. Iconic and for the ages.”Edelweiss Mutual Fund has achieved Rs 1.50 lakh crore AUM coinciding with the BSE’s 150-year legacy.

Gupta in her earlier post said, “An underrated solution finding it’s due! For the last two years we have worked to provide a tax efficient fixed income alternative in Edelweiss Multi Asset Allocation Fund using arbitrage in various asset classes. The track record of both returns over 1/2Y and risk (no negative months) speaks for itself.”

With stock prices running high, cautious investors are staying away from the market but for wealthy investors looking for tax-friendly options outside of stocks, some new mutual fund strategies are proving to be attractive choices on which Radhika Gupta, CEO of Edelweiss Mutual Fund says that an underrated solution is finding its due.

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She posted a photo of a news article which was published in ET saying, “Top tax-efficient MF strategies for risk-averse investors.” The news article was about categories such as arbitrage funds, income plus arbitrage FoFs, multi-asset allocation and precious metal funds (gold/silver) are gaining traction as these funds typically avoid direct equity exposure while offering better post-tax returns than traditional fixed income.

The ET article mentioned that multi asset allocation funds that can invest in diverse asset classes if held for two years, the gains are taxed at the rate of 12.5% and if held for less than two years, the gains are added to the investors’ income and are taxed as per slab rates. These funds are used by investors as debt allocation for tax efficiency and Edelweiss Multi Asset Allocation Fund was the top scheme with 9.27% return in a one year period.

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