Edelweiss MF’s Altiva has launched India’s first Hybrid Long-Short SIF, with Radhika Gupta stating that the goal is to achieve absolute returns while maintaining low volatility.

Edelweiss Mutual Fund has launched a new investment strategy, the Altiva Hybrid Long-Short Fund, under its Specialised Investment Fund (SIF) platform. The fund aims to deliver consistent, income-oriented returns through a combination of equity arbitrage, high-quality...

Edelweiss’ Radhika Gupta claims that the concept of a middle class in India is often misunderstood, stating that ‘none of us are middle class’. She argues that the idea of a ₹70 lakh salary being a benchmark for the middle class is a myth, highlighting the need for a more realistic understanding of income levels in the country.

The notion of what constitutes the “middle class” in India has sparked a heated debate, with many questioning whether an annual income of ₹70 lakh still falls within this category. According to the CEO of Edelweiss Mutual Fund, the answer is a resounding...