Kotak Mahindra AMC launches India's first REIT fund of funds
Real Estate

Kotak Mahindra AMC launches India's first REIT fund of funds

Kotak Mahindra AMC recently launched Kotak International REIT Fund of Funds, which is an open-ended scheme that invests in units of the SMAM Asia REIT Sub Trust Fund. The New Fund Offer (NFO) closes December 21.

The Kotak International REIT Fund of Funds scheme provides opportunities for investors to grow in the real estate market without having to own the entire asset and invests in real estate projects in residential, office, data centres, warehousing, retail and hospitality domains.

SMAM Asia REIT Sub Trust Fund, the largest group investing in REITs in the Asia-Pacific region is SMAM Asia REIT Sub Trust Fund, is managed by Sumitomo Mitsui DS Asset Management Company Limited, which has a significant portfolio of REITs in Singapore, Australia and Hong Kong.

Source: Livemint

Kotak Mahindra AMC recently launched Kotak International REIT Fund of Funds, which is an open-ended scheme that invests in units of the SMAM Asia REIT Sub Trust Fund. The New Fund Offer (NFO) closes December 21. The Kotak International REIT Fund of Funds scheme provides opportunities for investors to grow in the real estate market without having to own the entire asset and invests in real estate projects in residential, office, data centres, warehousing, retail and hospitality domains. SMAM Asia REIT Sub Trust Fund, the largest group investing in REITs in the Asia-Pacific region is SMAM Asia REIT Sub Trust Fund, is managed by Sumitomo Mitsui DS Asset Management Company Limited, which has a significant portfolio of REITs in Singapore, Australia and Hong Kong. Source: Livemint

Related Stories

Gold Stories

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram