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Oct 21 2026 | 11:08 PM

IST

space with the launch of Select Equity Ex-Top 100 Long Short Fund. The company will operate its SIF brand under the 'Select' identity. The scheme will take a concentrated approach with exposure to about 25-40  stocks. 

Choice MF rolls out 1st active equity scheme 

Choice Mutual Fund has announced its entry into the actively managed equity segment with the launch of its large & mid cap fund. The fund house, which started operations in the latter half of 2025, was so far only in the passive and debt space. Its large & midcap fund, the fund house said will invest in stocks on the basis of its proprietary framework.

Edelweiss Alternative Asset prices IPO at ₹1,585-1,665 

Edelweiss Alternative Asset Advisors has set a price band of ₹1,585-1,665 per share for its ₹1,200 crore initial public offering (IPO), entirely an offer for sale (OFS) by promoters, which will open for subscription on October 26 and close on October 28. The listing is tentatively scheduled for November 2. Meanwhile, SFC Environmental Technologies has set a price band of ₹313-330 per share for its IPO, which is a mix of fresh issue worth ₹150 crore and OFS of 15.7 million shares, which will open on October 27 and close on October 29. The book running lead managers (BRLMs) for the IPO are Axis Capital, Jefferies India, Motilal Oswal Investment Advisors, and Nuvama Wealth Management.