Edelweiss Wealth sets aim for invest via new fund at Rs 1,000 crore

Edelweiss Wealth Management has set an investment target of 10 bln rupees through its new equity, long-short alternative investment fund--Edelweiss Dynamic Growth Equity (EDGE) Fund. The open-ended, categor y-III alternative investment fund is aimed for high net worth individuals, family offices and institutions and has a minimum investment amount of 10 mln rupees, the company said in a release.