2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which company has launched India’s first International REIT funds of fund?
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HDFC AMC
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KMAMC
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ICICI Prudential Mutual Fund
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SBI Mutual Fund
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Explanation:
Detailed explanation-1: -Embassy Office Parks was India’s first REIT to list in 2019. It owns and operates more than 43.2 million square feet of office parks and office buildings in cities such as Bengaluru and Mumbai and is also the largest office REIT in Asia by area.
Detailed explanation-2: -As far as the Indian market is concerned, REITs were first introduced here by the Securities and Exchange Board of India (SEBI) in 2007. As the investment vehicle started gaining popularity, there were many regulations announced to facilitate smooth operations of these investment funds.
There is 1 question to complete.