MF News ABSL AMC launches a real estate fund

ABSL AMC launches a real estate fund

The AIF Category II fund will target structured debt investments in post-approval real estate projects primarily in tier 1 metropolitan locations.

Team Cafemutual Jun 5, 2022

Listen to this article

Aditya Birla Sun Life AMC (ABSL AMC) has joined hands with BentallGreenOak, a global real estate investment management advisor, to form a structured credit investment vehicle, which is a type of AIF Category II.

The investment vehicle will target structured debt investments in post-approval real estate projects primarily in tier 1 metropolitan locations.

A Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC said, “The real estate sector is seeing a strong revival with housing loan interest rates at decadal lows and property prices largely remaining flat. We believe substantial savings due to falling interest rates and stagnant property prices will aid in affordability and further lead to higher demand, especially in the residential real estate segment."

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

‘Momentum factor has outdone the broader market 75% of the times in the last 30 years’

Nand Kishore is the new MD and CEO of SBI MF

Axis MF pays Rs.16.57 lakh to settle a case with SEBI

Angel One AMC receives mutual fund license from SEBI

Repo transactions in debt funds should be valued at mark-to-market: SEBI

Your bulletin for the day

The MF industry earns profits of Rs.15,760 crore, a rise of 43% in one year

55% of equity assets stays invested for over 2 years

Equity, hybrid and index funds: Most preferred investment option for SIP investors

‘Auto story is structural and long term’

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

2 Comments

Johncy · 2 years ago `

Jok of the year .old real estate fund give back 85% money back after all 0 yers
25 lk invested amount after 10 yers return 22.50lk issue closed and sold to some other company without client approvel

VENU GOPAL PAITHARA · 2 years ago `

How can this be called as REAL ESTATE FUND when it is targeting structured debt investments in real estate projects without any equity. Better call it a "Sectoral/Real Estate Debt Fund"

Last updated 2 years ago

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS