How Reliance Nippon Life is going to capture India's Real estate market?

Anil ambani owned Reliance Nippon Life asset management has huge plans of capturing India's real estate market to raise Rs. 15,000 cr in the leadership of Jai Anmol Ambani - the Executive Director of Reliance Capital by offering three great schemes.



These schemes are AIFS or  commonly known as Alternative Investment Fund scheme.

According to source, Reliance Nippon Life is trying to attract fund from wealthy people and family businesses in which these investors has to invest a minimum amount of Rs. 1 Crore.

With these schemes, Investors can earn high returns on their respective tnvestments with an investment horizon of 3 year to 5 year.

"Wealthy investors are increasingly realising the benefit of this category and we have sensed investor acceptance for this rapidly growing, evolving and dynamic industry (alternative investment fund)," said Shahzad Madon, Head-PMS-Alternative Assets, at Reliance NipponNSE 0.31 % Life Asset Management. 

Madon also said,"India's consumption, financials and housing sector envisage huge potential amid growth prospects". A relatively young poppulation will further add to their fortune. Tapping this pool, we endeavour to delight significant outperformance.

Source:
https://economictimes.indiatimes.com/industry/banking/finance/insure/reliance-nippon-life-floats-3-aifs-to-raise-at-least-rs-1500-crore/articleshow/62895159.cms

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