menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

'Expect To...
source image

Bloomberg Quint

1d

read

328

img
dot

Image Credit: Bloomberg Quint

'Expect To Launch Altiva SIF In Hybrid Category In Couple Of Months': Edelweiss Mutual Funds CEO Radhika Gupta

  • Edelweiss Mutual Fund plans to launch Altiva SIF in the hybrid category within the next couple of months, following SEBI approval.
  • Altiva SIF offers more flexibility than traditional mutual fund schemes, especially in the use of derivatives and subscription/redemption frequencies.
  • The minimum investment threshold for Altiva SIFs is Rs 10 lakh, reflecting their complexity and use of derivatives.
  • SEBI requires SIFs to operate under a separate brand like 'Altiva SIF' to differentiate them from traditional mutual funds, catering to investors with a higher risk appetite.

Read Full Article

like

19 Likes

For uninterrupted reading, download the app