Friday, June 15, 2012

Alternate Investment Fund norms for realty funds


  • Corpus: Minimum Rs 20 Crore
  • Number of Investor: Maximum 1,000
  • Investment Threshold: Minimum Rs 1 Crore
  • Tenure: Minimum 3 years
  • Fund Type: Close Ended
  • Sponsor's Obligation: Minimum 2.5% of  Corpus or Rs 5 Crore
  • Investment in Single Firm: Not Over 25%

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