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Edelweiss Asset Management CEO Radhika Gupta applauds SEBI’s consultation paper on ‘new asset class’ . ‘India finally…’ | Mint

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Edelweiss Asset Management CEO Radhika Gupta applauds SEBI’s consultation paper on ‘new asset class’ . ‘India finally…’ | Mint

Market regulator SEBI's new consultation paper on a "New Asset Class" and a proposed structure for differentiated, higher-risk strategies has generated interest in the financial community. Radhika Gupta, CEO of Edelweiss Asset Management, expressed her optimism about the paper on social media. She highlighted that India is opening up to different investment products and approaches, and asset management businesses will evolve to have multiple areas of expertise. Gupta also emphasized the convenience and transparency of mutual fund platforms. The consultation paper outlines both the existing mutual fund structure and the proposed additional structure for the new asset class.

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