Radhika Gupta, Edelweiss Mutual Funds MD and CEO, took to social media platform X to share tips on how to start an SIP (systematic investment plan) in children’s names. A day ago, Gupta had shared the benefits of starting an SIP in children’s names and how it can help investors achieve their financial goals. Commenting … Read more
“Now the point, consumption stocks that are expensive. If you look at India in aggregate, India’s PE multiple over 10 years as a stock market is higher than its 10-year averages. So, India is re-rated upward,” says Radhika Gupta, Edelweiss MF. Everybody has been waiting for this consumption fund, I can tell you. Now that … Read more
Thematic funds have seen a dramatic rise recently. Sectoral and thematic mutual funds attracted the highest inflows of ₹46,137 crore in FY24, according to AMFI’s data. Following this trend, in August 2024 alone, thematic funds recorded a net inflow of ₹18,117 crore, which made up 47% of total net inflows into equity schemes. There are … Read more
Radhika Gupta, MD & CEO, Edelweiss MF, says “we are telling people, do not switch your existing mid and smallcap fund holdings and pay a lot of tax, but at least put incremental money in multi-cap funds. Could a behaviour of this kind happen? Yes. So that could lead to a moderating of flows by … Read more
Trideep Bhattacharya, CIO, Edelweiss MF, says: “It will probably take the next year for that improvement to come through. But the valuations over the next one or two quarters would be such that they may be good to add. On net balance, we were underweight on IT by about 300 bps at the end of … Read more