The fund aims to identify and invest in sectors and companies that are at the cusp of entering expansionary phase or are already in a long term expansionary phase. The fund will follow a dynamic top-down approach for portfolio construction.
Irdai opens NDB’s Maharajah INR bonds to insurers
In a circular dated August 27, the regulator said that it had received representation from New Development Bank to permit Insurers to invest in Maharajah