Simple, timeless dal-chawal solution: Radhika Gupta’s take on Edelweiss Multi Asset Omni Fund of Fund

Radhika Gupta, CEO of Edelweiss Mutual Fund, has described the Edelweiss Multi Asset Omni Fund of Fund as a “simple, timeless dal chawal solution.” The fund is now open for subscription and has an allocation of 65% in domestic equity, 10% each in gold and silver, and 15% in fixed income.

Gupta posted on her social media account on X: “65 domestic equity, 10-10 gold and silver, 15 fixed income. A simple timeless dal chawal solution opens tomorrow.”



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This came in addition to a post by the fund house announcing the launch: “Good is temporary, multi is timeless. A smarter, stronger way to invest is almost here.”

The new fund offer (NFO) is open for subscription and will close on August 26. It will reopen for continuous sale and repurchase on or before September 11.

According to Edelweiss Mutual Fund, the scheme is a single fund with multiple asset classes, built for balance, with an actively managed mix that keeps investments aligned with the target asset allocation.

The fund is a hybrid Fund of Funds (FoF)- Active and Passive Multi Asset Allocation FoF and the primary objective of the scheme is to generate capital appreciation and income through a diversified portfolio of equity, debt, and gold & silver ETFs.

The fund is suitable for investors seeking long-term capital appreciation and want investment in equity-oriented schemes, debt-oriented schemes and Gold & Silver ETFs.

The new fund will be benchmarked against 65% Nifty500 TRI + 15% Crisil Composite Bond Fund Index + 10% Domestic Gold Price + 10% Domestic Silver Price and will be managed by Bhavesh Jain and Bharat Lahoti.

If the units are redeemed/switched out on or before 90 days from the date of allotment, an exit load of 1% of the applicable NAV will be there. If the units are redeemed/switched out after 90 days from the date of allotment, the exit load is nil.

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The minimum investment amount for lump sum and SIP is Rs 100, and in multiples of Re 1 thereafter. The fund will allocate 95–100% to units of domestic equity-oriented schemes, debt-oriented schemes, and gold & silver ETFs, and 0–5% to money market instruments, cash, cash equivalents, and/or units of liquid schemes.

Edelweiss Mutual Fund also shared the timelines for deploying funds collected in the NFO. The fund management team will actively decide the allocation between different asset classes based on internal qualitative and quantitative parameters. These allocations and the choice of funds may change at the discretion of the fund manager.

The fund manager will consider macroeconomic indicators, market sentiment, relative valuations, and liquidity when deciding the asset class allocation and selecting underlying funds. Asset classes and funds offering the best value relative to their long-term growth prospects will be favoured. Additional factors specific to each asset class may also be taken into account.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)