VR Logo

Real Estate Funds

The SEBI has approved guidelines for Real Estate Mutual Funds. Initially, all such funds would be close-ended and listed on the stock exchanges

The SEBI has approved guidelines for Real Estate Mutual Funds. Initially, all such funds would be close-ended and listed on the stock exchanges. The NAV of the scheme shall be declared on a daily basis. Such funds can invest directly in real estate properties within India, mortgage (housing lease) backed securities and equity shares/ bonds/ debentures of listed/ unlisted companies which deal in properties and also undertake property development.