Page 2 - Edelweiss Mf

Edelweiss MF turns against riskier debt after India's Covid-19 woes

Company has 'reverted back to asking investors to be cautious' after second wave, says senior executive.

Edelweiss's healthcare fund offers benefit of international diversification

Allocation to a thematic offering like the newly-launched healthcare index fund should, however, be limited

Bharat Bond ETF second tranche launched, base issue size of Rs 3,000 cr

Green shoe option of Rs 11,000 cr; NFO starts July 14 and ends July 17

Wealth managers advise clients to invest in US-oriented offshore products

International funds delivered 6.8% returns in one year, against large drawdowns in domestic funds

Edelweiss aims 200-250% growth in AUM by FY'19

As of March 2017, the AUM for Edelweiss was Rs 6,000 crore including the assets of JP Morgan AMC which it acquired in 2016

Edelweiss MF moves to 'total returns index' benchmarking

Edelweiss Asset Management on Monday said it will disclose the performance of its equity mutual fund (MF) schemes against the 'total return index' of their respective benchmarks.Total return index factors in dividend income. Currently, most funds are benchmarked to price return index, which just capture the price performance of underlying stocks. According to Edelweiss, the total return index is a more accurate measure of performance and a better measure of capturing true alpha-the excess returns.Last month, another asset manager DSP BlackRock announced that it would disclose the performance of its equity MF schemes with the total return index (TRI) as the benchmark. The move by these to fund houses, may force other players also to follow suit. "Going forward, all equity schemes of Edelweiss Mutual Fund will be benchmarked to the Total Return Index rather than Price Return Index. We think this practice will provide an accurate picture of the performance of our funds relative to their .