Mutual Funds

SBI MF To Launch International Equity Fund

SBI_MFMumbai: SBI Funds Management Pvt Ltd has registered initial documents with India’s market supe

Govt. Launches National Investment Fund To Back Up Sick PSUs

FMNew Delhi: The Finance minister P Chidambaram has launched the National Investment Fund (NIF) on Saturday,

Overseas Investment limit raised for Mutual Funds

Mukul Gupta of Birla Sun Life AMC

Franklin Templeton To Introduce 370-Day Debt Fund Today

MFs To Launch Schemes To Invest Overseas

Investment

HDFC Closes First International Realty Fund At $800 Mn

HDFC BankMumbai: The Housing Lender HDFC today announced closure of its first sponsored HDFC International Real Estate Fund (HIREF) at $800 million, which would be invested in FDI-compliant Indian real estate plans.

According to a company release, the fund makes HDFC the biggest player in the realty private equity space in India.

One of the prime international realty pools, the nine-year close-ended fund, which was open only to foreign investors had been privately placed and subscribed by 28 investors.

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