Edelweiss Plans To Unveil Mutual Fund Biz In June

Kolkata: Mumbai-based Edelweiss is planning to unveil its mutual fund business by June this year. The financial services company will begin with an authorised capital of Rs 25 crore. To start with the company is planning a slew of new innovative products such as specific-segmented funds targeted at high networth investors (HNIs) and education sector. The mutual fund portfolio will also include structure funds and concentrated equity funds.