If someone says that you can invest in properties of countries like Singapore, Australia or Hong Kong outside the country from only 500 or thousand rupees per month. Would you believe this? Well it is true that you can invest in properties of countries outside 500 or thousand rupees.
Mahindra Manulife Mutual Fund has launched an Asia Pacific REIT fund. The money of this fund will be invested in properties of countries like Singapore, Hong Kong, Australia. Through this fund, you can take advantage of investing in properties of these countries with an amount of just Rs 500 or even thousand rupees. PGIM India MF is also preparing to launch similar global REITs FoF in October. Before this, Kotak International REITs FoF was launched in December last year itself.
What is REIT?
Just as a mutual fund scheme invests in stocks or bonds by raising money from multiple investors, a REIT invests in real estate by raising money from investors. This gives regular income to the REIT. Also, the value of the property in which he has invested keeps on increasing. He benefits from this too. REIT invests in commercial property. It can be a mall, shopping complex, business park etc. This investment gives him a regular income in the form of rent.
what is its advantage
The NAV of Fund of Funds (FoF) is shown in Rs. So domestic investors also get the benefit of depreciation of rupee against dollar. There can be a double benefit in this because rental income is not only available, the value of the property is appreciative i.e. increases, then its benefit is also available in NAV.
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have to face ups and downs
If you want to diversify your fund and want some way to hedge the risk of investing in share market etc. Although the theme of this investment is real estate, so investors should be prepared for some volatility.
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