Latest news with #MultiAssetOmniFundofFund
Economic Times
5 days ago
- Business
- Economic Times
Radhika Gupta hails move back to India as ‘best decision' on Independence Day
Edelweiss Mutual Fund Managing Director and CEO Radhika Gupta marked India's 78th Independence Day with a personal reflection on her decision to return to the country in 2009, calling it 'the best decision of my life' despite warnings she was leaving behind 'huge opportunities in the US — a potential green card, a dollar salary, a better lifestyle.' ADVERTISEMENT On Friday, Gupta took to microblogging site X, formerly Twitter, to recount how, 16 years ago, she chose to leave the United States at a time when friends and peers urged her to stay. 'Most people said it was a bad idea,' she wrote, recalling the advice she received about career and lifestyle prospects abroad. 'But my belief — then and now — was that I wasn't walking away from opportunity in America… I was walking into the opportunity that is India,' Gupta said. She described that opportunity as a chance 'to build. To make an impact. To have a voice. To live where three generations can celebrate together. To embrace heritage. To grow.' 'It truly has been the best decision of my life,' she wrote, expressing gratitude to the country: 'Happy Independence Day, India. Thank you for the opportunities. I am committed, every day, to making the most of them.' She concluded her post with a Hindi verse, which translates to, 'The fragrance of the soil, the song of the winds — here lie my dreams, here lies my love.' The post comes a few days after Edelweiss Mutual Fund launched its Multi Asset Omni Fund of Fund, which Gupta had earlier described on X as a 'simple, timeless dal chawal solution' for investors. The scheme, open for subscription until August 26, allocates 65% to domestic equity, 10% each to gold and silver, and 15% to fixed income. ADVERTISEMENT According to the fund house, the scheme is built for balance, aiming to generate capital appreciation and income through a diversified portfolio of equity, debt, and gold and silver exchange-traded funds. It will reopen for continuous sale and repurchase by September 11, with fund managers Bhavesh Jain and Bharat Lahoti at the helm. Unlock 500+ Stock Recos on App Also read | Paytm shares up 17% so far in 2025. Should you ride the rally or wait for a dip? (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
5 days ago
- Business
- Time of India
Radhika Gupta hails move back to India as ‘best decision' on Independence Day
Edelweiss Mutual Fund Managing Director and CEO Radhika Gupta marked India's 78th Independence Day with a personal reflection on her decision to return to the country in 2009, calling it 'the best decision of my life' despite warnings she was leaving behind 'huge opportunities in the US — a potential green card, a dollar salary, a better lifestyle.' On Friday, Gupta took to microblogging site X, formerly Twitter, to recount how, 16 years ago, she chose to leave the United States at a time when friends and peers urged her to stay. 'Most people said it was a bad idea,' she wrote, recalling the advice she received about career and lifestyle prospects abroad. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Would you like to know more? 'But my belief — then and now — was that I wasn't walking away from opportunity in America… I was walking into the opportunity that is India,' Gupta said. She described that opportunity as a chance 'to build. To make an impact. To have a voice. To live where three generations can celebrate together. To embrace heritage. To grow.' 'It truly has been the best decision of my life,' she wrote, expressing gratitude to the country: 'Happy Independence Day, India. Thank you for the opportunities. I am committed, every day, to making the most of them.' She concluded her post with a Hindi verse, which translates to, 'The fragrance of the soil, the song of the winds — here lie my dreams, here lies my love.' Live Events The post comes a few days after Edelweiss Mutual Fund launched its Multi Asset Omni Fund of Fund, which Gupta had earlier described on X as a 'simple, timeless dal chawal solution' for investors. The scheme, open for subscription until August 26, allocates 65% to domestic equity, 10% each to gold and silver, and 15% to fixed income. According to the fund house, the scheme is built for balance, aiming to generate capital appreciation and income through a diversified portfolio of equity, debt, and gold and silver exchange-traded funds. It will reopen for continuous sale and repurchase by September 11, with fund managers Bhavesh Jain and Bharat Lahoti at the helm. Also read | Paytm shares up 17% so far in 2025. Should you ride the rally or wait for a dip?
