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SWAMIH Fund

  Nov 04, 2021

SWAMIH Fund

Q. Why is this in News?

A. Recently, the SWAMIH (Special Window for Affordable & Mid-Income Housing) fund has made its first complete exit from an investment made for completion of a residential project in Mumbai.

Q. What is it ?

A. This is a government backed fund that was set up as a Category-II AIF (Alternate Investment Fund) debt fund registered with SEBI (Securities and Exchange Board of India), launched in 2019.

Q. What are the Eligibility Criteria?
A. 

Q. What are its Aim?
A. 

Q. What are the Significance of Fund?
A. 

Q. What is Alternative Investment Fund?
A. 

Q. What is its Aim?

A. It seeks to protect home-buyers as well as help boost investments in the real estate sector by bringing efficiency and transparency in the sale/purchase of real estate.