India, Aug. 22 -- Edelweiss Financial Services (EFSL) announced that WestBridge Capital is acquiring a 15% stake for a consideration of Rs 450 crore in Edelweiss Asset Management (the Asset Manager of Edelweiss Mutual Fund).Edelweiss Mutual Fund (Edelweiss MF) is one of the key businesses for EFSL and currently manages Rs 72,600 crore of Equity AUM which has grown by 53% over the last 5 years. Edelweiss MF had a Profit after tax of Rs 53 crore for FY25. The current transaction values the business at 57x P/E which aligns with industry benchmarks of 30x to 60x. This transaction is beneficial for all stakeholders and comes at an opportune time for Edelweiss MF as it now shifts into next phase of growth. For EFSL, this transaction underscores t...