Secura India Realty AIF 1
Secura Investment Management (India) Pvt Ltd, the promoting group of first SEBI registered realty venture capital fund in Kerala and first SEBI registered shariah certified fund in India, launched a new Alternative Investment Fund, Secura India Realty AIF. This is the third investment fund managing by Secura Investment Management (India) Pvt Ltd.
Secura has launched Venture Capital Fund earlier and successfully managed two schemes under this fund. The first scheme, Secura India Real Estate Fund Domestic Scheme 1, has wound up with successful payback record and the second scheme, Secura India Real Estate Domestic Scheme 2, is in investment stage.
The AIF with minimum 1 crore investment size, as per SEBI Regulations, targets to invest in privately identified realty and development projects. IL&FS Trust Company Limited (ITCL), Mumbai is the trustee to the Fund and Taqwaa Advisory and Shariah Investment Solutions Pvt Ltd (TASIS), Mumbai is the Shariah Auditor.
Key Advantages and Benefits ‐ Realty Alternative Investments
The Fund is invested by investors with a minimum amount of 1crore without maximum cap as per the SEBI (The Securities and Exchange Board of India) Regulations. The Shariah Advisor of the fund is Mumbai based Taqwaa Advisory and Shariah Investment Solutions Private Limited (TASIS) and the Trustee is IL & FS Trust Company Limited.