Financial products should address genuine investor needs, particularly for tax-efficient income and low-risk returns, rather than be chosen simply because they are new or popular, according to Radhika Gupta, MD and CEO of Edelweiss Mutual Fund.
Speaking at the ET Wealth Summit, Gupta said the need for income-oriented, tax-efficient investment options had become more pronounced since 2023, as investors in fixed-income products could be left with relatively lower returns after tax. She added specialised investment funds (SIFs) could help address this need by using the investment flexibility permitted under the regulatory framework.
