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By Shivani Bazaz Feb 15, 2023 9:42:43 AM IST (Updated)
Edelweiss Mutual Fund has pursued growth through a range of products including, target maturity funds, an IPO-focused fund and the only scheme investing in both silver and gold. The company recently launched India’s first short-term target maturity fund.
Edelweiss Mutual Fund recently touched the 1-lakh crore Assets Under management (AUM) mark. Over the last five years, the fund house’s AUM has increased 11-fold. The equity AUM has increased 13 times, crossing Rs 22,000 crores.
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The fund has pursued growth through a range of products including target maturity funds, an IPO-focused fund and the only scheme investing in both silver and gold. The company recently launched India’s first short-term target maturity fund.
So what has helped Edelweiss reach the 1 lakh crore AUM mark?