Edelweiss Asset Management raised ₹320 crore through its new Altiva Hybrid Fund, combining long-short equity and fixed income strategies to generate stable post-tax returns. The fund targets investors seeking lower volatility exposure while maintaining growth potential amid uncertain market cycles. CEO Radhika Gupta said the hybrid structure allows dynamic hedging using derivatives and interest-rate spreads. Market analysts expect strong traction from high-net-worth investors looking to diversify beyond traditional equity and debt products as rate normalization and liquidity tightening persist.