Archive · 3 Jun 2025
Meenakshi Group Launches ₹700 Crore Real Estate Fund
Meenakshi Group, through its financial arm Meenakshi Alternates, is starting a new fund called Meenakshi Real Assets Fund (MRAF) to invest in real estate.
This fund, with the approval of SEBI, is aiming to collect ₹700 crore to invest in real estate projects.
They plan to use a mix of loans and investments and will focus on major real estate markets in India.
The goal is to invest in projects that provide steady income and potential profit.
The Meenakshi Group has also committed to provide funds, signaling their commitment to the fund.
Meenakshi Alternates (M-Alts) launched the Meenakshi Real Assets Fund (MRAF).
The fund is a Sebi-approved Category II AIF.
MRAF aims to raise ₹700 crore, including a greenshoe option.
The fund will invest in real estate across top Indian markets.
MRAF will employ a hybrid strategy of debt and equity investments.
- Who
- Meenakshi Alternates (M-Alts), the financial arm of Meenakshi Group, launched the fund.
- What
- Meenakshi Alternates (M-Alts) launched Meenakshi Real Assets Fund (MRAF), a ₹700 crore fund.
- When
- The fund launch is recent.
- Where
- Across top markets in India.
- Why
- To invest in real estate assets.
- Fund Name
- Meenakshi Real Assets Fund (MRAF)
- Fund Size
- ₹700 crore (including greenshoe option)
- Fund Type
- Category II AIF
- Investment Strategy
- Hybrid (debt and equity)
- Investment Horizon
- Six years
- Investment Focus
- Tier-1 developers and key players
