Edelweiss Asset Management Ltd. announced the launch of its specialised investment fund, Altiva, on Thursday.
The SIF will offer differentiated investment solutions across equity, hybrid and fixed-income categories, catering to evolving investor needs, it stated in a press release.
“Through the launch of Altiva SIF, Edelweiss AMC marks its early strategic entry into the promising and fast-evolving Specialized Investment Funds space,” said Radhika Gupta, chief executive officer of Edelweiss Mutual Fund.
“We believe SIFs represent the next evolution in investment solutions — a powerful bridge between traditional mutual funds and PMS/AIFs, offering the agility and innovation needed to serve tomorrow’s investors,” she added.