New Delhi, March 18 -- Edelweiss Asset Management Company, led by Radhika Gupta, has announced the launch of India's first hybrid passive index fund, which will have a mix of both equities and government bonds. The new fund offer (NFO) has opened for subscription today, March 18 and will be available till April 1.

The launch of the hybrid passive fund comes as the passive investing landscape in India continues to evolve, with regulators enabling new categories of index-based investment strategies.

Speaking on the launch of the fund, Radhika Gupta, MD & CEO, Edelweiss Asset Management Company, said: "At Edelweiss, we have always believed in bringing simple yet powerful innovative solutions for investors. The Edelweiss Nifty LargeMidcap25...