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Mutual Funds

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.

Reliance Mutual Fund Plans NFOs

SBI Funds, Dena Bank Tie-Up

Dena BankMumbai: SBI Funds Management Pvt Ltd has tied up with Dena Bank to increase the fund’s reac

SBI Mutual Fund Achieves a new Milestone

SBI Mutual FundMumbai: SBI Mutual Fund has crossed Rs 20,000-crore mark in assets under

Reliance Mutual Gets Back On Track

Reliance Mutual FundThe fight for the leading outlook in the mutual fund business s

Bajaj, Allianz Signs Up 50-50 Partnership For MFs, Loans

Bajaj AllianzBajaj Auto and Allianz annunciated the partnership plan for distributing credi

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