• SENSEX
    NIFTY 50
Personal Finance

Kotak MF: The first fund house to file offer document for International REIT Fund

Updated : February 19, 2019 02:42 PM IST

The open-ended fund of fund scheme will invest 95 percent of assets in units of SMAM ASIA REIT Sub Trust fund and /or other similar overseas funds, while the balance will be allocated to debt, money market instruments, or units of liquid schemes, the offer document stated.
The underlying fund is an open-ended series trust of SMAM Global Investment Trust, based in the Cayman Islands.
The scheme will be benchmarked against FTSE EPRA Nareit Asia Pacific Index, which is designed to track the performance of listed real estate companies and REITS in both developed and emerging markets.
Kotak MF: The first fund house to file offer document for International REIT Fund
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV