ET Alpha Wealth Summit 2.0: What do Shah Rukh Khan and SIFs have in common? Radhika Gupta explains
Edelweiss Mutual Fund MD and CEO Radhika Gupta says investors should approach Specialised Investment Funds (SIFs) with clear portfolio goals rather than chase new products or returns. Speaking at the ET Alpha Wealth Summit 2.0, she highlighted their tax efficiency, the importance of understanding derivatives-based strategies, and the need to assess risks, costs and realistic return expectations…
At the ET Alpha Wealth Summit 2.0 in Mumbai, Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, compared Specialised Investment Funds (SIFs) to Bollywood star Shah Rukh Khan. Gupta noted that Shah Rukh Khan’s versatility in handling romance and action roles can be likened to SIFs ability to adapt to various market conditions, although SIFs are more expensive.
The discussion highlighted the growing role of SIFs in Indian portfolios amid the evolving investment landscape. Gupta stressed that investors should not expect a single product to deliver everything, emphasizing the importance of understanding a product’s purpose, setting realistic expectations, and ensuring investors do not mistake product innovation for a reason to invest.
Despite a challenging environment for SIFs, Gupta pointed out that the category had reached Rs 38,000 crore in assets, with Edelweiss Mutual Fund leading as the largest SIF manager with around Rs 14,000 crore in assets.
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