POWERFUL WOMEN
40
Prev Rank: NEW
Radhika Gupta,
Managing director and CEO, Edelweiss Asset Managementage: 37
Under Gupta, Edelweiss Mutual Fund earned
the distinction of becoming the fastest-growing asset management company (AMC) during
FY20. At the end of July 2020, the AMC managed assets in excess of ₹40,000 crore. However,
Gupta counts the launch of Bharat Bond ETF as
her marquee achievement in the past year. Both
the product and category were created ground-up by Gupta’s AMC, and after its formal launch
in December 2019, Bharat Bond’s market debut
required close coordination with 10 ministries,
PSUs, regulators like SEBI/IRDAI, stock exchanges, and many other stakeholders. Still, the first
tranche of ₹12,000 crore was launched 12 days
after cabinet approval, while the second tranche
of ₹11,000 crore was successfully completed after
the debt mutual fund crisis of April (following the
abrupt closure of six debt fund schemes by Franklin Templeton MF), and during the pandemic in
July this year.
Advertisement
Advertisement