Page 8 - Alternative Investment Funds

Key policy steps taken by NDA govt this year to revive a sagging economy

Macroeconomic parameters have shown that the Indian economy is going through a rough patch. Here are the key policy decisions taken by the govt in 2019, to bring the India growth story back on track

Sebi puts in place mandatory stewardship code for mutual funds, AIFs

Stewardship code is a principles-based framework that assists institutional investors in fulfilling their responsibilities to help them protect and enhance the value of their clients and beneficiaries

HNIs curb flows to long-short AIFs as higher taxation pinches

Sebi data shows that commitments raised by category-III AIFs in September quarter were down 10% QoQ

Govt-backed AIF for distressed realty gets Rs 10,530 cr in first closing

SBI contribution pegged at Rs 1,000 cr; HDFC on board

Sebi mulls direct plans for AIFs, PMS to help investors save on expenses

The minimum ticket size for investing in AIFs is currently Rs 1 crore and for that in PMS is Rs 25 lakh. Both PMS and AIFs typically charge a fixed as well as variable fee based on the performance

Can Alternative Investment Fund be the way forward for family offices?

There is a small but marked difference between what Goenka is doing and the typical family offices

Govt, SBI, LIC to provide Rs 25,000 cr fund to stalled housing projects

This will finance 1,600 stalled housing projects comprising 4,58,000 housing units across the country

Rs 25,000-crore realty corpus: Experts worry over implementation

According to experts, technical teams that will be evaluating and monitoring the unfinished projects will have to consider projects that are booked or at least have a significant chunk sold out

Govt asks homebuyers to approach lenders for revival of their loans

Homebuyers of projects from Jaypee Infra and Amrapali group, among others, will not be able to avail of this fund

Best of BS Opinion: Can alternative investment fund revive realty sector?

Here's a selection of Business Standard Opinion pieces for the day

A cobbler's suggestions to mend the economy

One-time restructuring of real estate loans and a large fund to buy toxic assets and equity in banks and NBFCs can bring back the animal spirits in the economy

Three hurdles for the realty fund

While the real estate fund is desirable, the question is: Will this let reckless finance companies and obdurate real estate developers off the hook?

The Indian middle class needs to learn that house prices can fall too

If you want to fix the housing sector, fix the market for houses - don't try to bail out projects, developers, banks or homeowners

Despite stalled projects, India ranks second in number of affordable homes

According to the survey, China tops the list with 74% of polled Chinese saying they can buy homes

A Rs 25,000 cr push: Here's how govt plans to revive the real estate sector

While the government will act as a sponsor with its Rs 10,000-crore initial contribution to the category-II AIF, SBI and LIC will provide an additional Rs 15,000 crore for the fund

AIFs log 60% growth in one year on the back of easier regulatory framework

Easing of regulatory framework, increasing debt investment provide a boost

AIFs may find limited relief in Sitharaman's latest round of announcements

Some investments see reprieve only for foreign investors, not AIFs

Industry group pitches for removal of surcharge on category III AIFs

Pass-Through status for category III funds has been a long-pending industry demand

Alternative investment funds explore conversion to LLPs over tax surcharge

Compliance burden may, however, make conversion difficult to execute

Budget 2019: Rise in taxes to take a toll on category-III alternative funds

Budget 2019 mentioned an increase in the taxation of trusts and associations of persons