TMI BlogOther conditions for real estate mutual fund schemesX X X X Extracts X X X X X X X X Extracts X X X X ..... 1 [ Other conditions for real estate mutual fund schemes 49D. (1) Every real estate mutual fund scheme shall be close-ended and its units shall be listed on a recognized stock exchange: Pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s held by a real estate mutual fund scheme shall be kept in safe custody with the custodian of the mutual fund. (4) A real estate mutual fund scheme shall not undertake lending or housing finance a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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