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ICICI Prudential launches real estate l fund

CHENNAI: ICICI Prudential AMC has announced the launch of ICICI Prudential Real Estate Securities Fund. It is a three-year close-ended debt fund for investing in the real estate and real estate related sectors such as cement, construction, metals, hotels, retail, banks and finance companies. The fund will invest in high-yielding debt securities issued by companies that are associated with the real estate sector, according to a release. — Corporate Reporter

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