Notwithstanding top performance of Indian headline indices, AIF benchmarks have outperformed the S&P BSE Sensex, generating an internal rate of return (IRR) alpha of 13.5% as of March 2023, a CRISIL report reveals. This outperformance is not limited to a handful of funds as over 75% of them in the benchmark have generated a positive … Read more
MUMBAI: Mumbai-based Shrem Group, a family wealth investment office, is looking to double its asset portfolio in the road sector to Rs 15,000 crore under its infrastructure commonly called InvIT. The government’s push for rapid growth in the infrastructure sector will catalyse a massive fund flow in the Infrastructure Investment Trusts, Nitan Chhatwal, CMD of … Read more
MUMBAI: Local investors HDFC MF, LIC of India, Nippon MF, Darashaw and Trust Capital are in talks with Mumbai-based Shrem group, which is set to launch an infrastructure (InvIT) of Rs 600 crore via an initial public offer, two people with knowledge of the matter told ET. The company will also raise about Rs 3,500 … Read more
MUMBAI: The government-sponsored and the SBICAP Ventures managed last-mile fund for stressed real estate projects has cleared investments worth over Rs 10,000 crore for 101 proposals approved that will benefit around 71,000 homebuyers across various cities. The fund, Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects (SWAMIH I), has cleared these … Read more