News From Press Mutual fund firms Mirae, Axis plan realty foray

Mutual fund firms Mirae, Axis plan realty foray

Source: Business Standard Mar 1, 2018

Mutual fund companies such as Mirae Asset Global Investments and Axis Asset Management are getting into real estate funds. Mirae is looking to float a real estate fund through the alternative investment fund (AIF) route and invest in residential properties in metros and rental assets.

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