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Our focus will now be on equity and hybrid space: Edelweiss MF MD & CEO

Radhika Gupta believes the tax change also had some positive implications for the fund house

Radhika Gupta, MD & CEO, Edelweiss Mutual Fund
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Radhika Gupta, MD & CEO, Edelweiss Mutual Fund

Abhishek Kumar

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The change in tax structure for debt funds in April was expected to be a big blow to Edelweiss Asset Management Company, considering its strong presence in the debt space, especially in passives as at the end of the 2022-23 financial year (FY23), passive debt schemes accounted for 69 per cent of its total assets under management (AUM), driven largely by Bharat Bond funds. However, Radhika Gupta, managing director (MD) and chief executive officer (CEO), Edelweiss Mutual Fund (MF) believes that the tax change also had some positive implications for the fund house. In an interview with Abhishek Kumar in

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First Published: Aug 24 2023 | 8:08 PM IST

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