Tag Archives: REMF

Real Estate MFs To Draw In More Foreign Money

May 21, 2008 – 8:37 am

Some things make the Reserve Bank of India (RBI) paranoid. The invasion of foreign money in the Indian property market has always been a familiar theme that rang alarm bells on Mint Street — the central bank’s headquarters.
Whenever it sensed an alarm, the regulator moved in to clamp down on such money flows. Even foreign [...]

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Lack Of Clarity May Hit Realty Funds’ Take-Off

May 8, 2008 – 3:47 am

A week after Sebi announced guidelines for real estate mutual funds, officials at fund houses and real estate developers are awaiting clarity on certain issues before they go ahead with scheme launches. Industry experts point out that taxation, periodic calculation of net asset value (NAV), and absence of any benchmark indices are some of the [...]

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Reality Of Realty Mutual Funds

April 28, 2008 – 7:50 am

All the decks have been cleared for the launch of Real Estate Mutual Funds (REMFs) in India, with the Securities and Exchange Board of India (SEBI) notifying amended regulations for such products last week. For mutual fund investors, this may mean a welcome relief from the stream of new equity fund offerings, playing on every [...]

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