Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, has addressed the growing demand for hybrid-style index funds. While a regulatory framework for these funds is currently lacking, Gupta suggests that Fund of Funds (FoFs) can achieve similar outcomes. She highlighted Edelweiss Mutual Fund’s new Multi Asset Omni FoF, which offers diversified exposure across asset classes with a static allocation of 65% in large and midcap equities, 20% equally divided between gold and silver, and 15% in debt.
Gupta emphasized the simplicity and effectiveness of this approach, stating that “sometimes, the real magic lies in the power of simplicity.” She also discussed the challenge of determining the right gold-silver mix for investors, citing Edelweiss’s experience with its gold-silver FoF, which was launched three years ago with a 50:50 allocation. This mix provides stability through gold and alpha through silver.
The Edelweiss Multi Asset Omni Fund of Fund was launched on September 3, 2025, and is an open-ended fund of funds scheme that invests in equity-oriented schemes, debt-oriented schemes, and Gold and Silver ETFs. The minimum application amount is Rs 100, and the fund is suitable for investors seeking long-term capital appreciation. The fund is managed by Bharat Lahoti and Bhavesh Jain.
Gupta’s comments suggest that FoFs can provide a similar benefits to hybrid index funds, which are gaining popularity among investors. The Edelweiss Multi Asset Omni FoF offers a diversified portfolio with a simple and effective allocation strategy. With its launch, Edelweiss Mutual Fund aims to provide investors with a reliable and trusted investment option that can help them achieve their long-term financial goals.
As the investment landscape continues to evolve, it is likely that demand for hybrid index funds and FoFs will continue to grow. Edelweiss Mutual Fund’s new offering is well-positioned to meet this demand, and Gupta’s emphasis on simplicity and effectiveness is likely to resonate with investors. With its experienced management team and diversified portfolio, the Edelweiss Multi Asset Omni FoF is an attractive option for investors seeking long-term capital appreciation.