20.02.2012 - Timely exits help realty funds HDFC PMS, Kotak Realty, Milestone Real Estate Fund and others gain big
Wealthy investors who had put money in realty funds a few years ago are reaping rich dividends on the back of a series of profitable exits by these funds. Leading funds HDFC PMS, Kotak Realty, Milestone Real Estate Fund and ASK Real Estate Portfolio, among others, have profitably exited about 6-12 projects between August and December 2011. Almost all these funds have logged well over 20% annualised returns on their investments at exit, wealth managers and sources said...............................................Full Article: Source
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