Edelweiss Mutual Fund ropes in WestBridge with Rs 450 crore deal for 15% stake

WestBridge Capital will invest 450 crore for a 15% stake in Edelweiss Mutual Fund, valuing it at about 3,000 crore. The deal, subject to regulatory approvals, aims to fuel growth as Edelweiss MFs AUM hit 1.52 lakh crore with strong profit momentum.