The SBI Mutual Fund filed the offer document with the Securities and
Exchange Board of India (Sebi) for launching a dedicated scheme for
the real estate and related sector. The objective of Magnum Sector
Funds Umbrella (MSFU) Real Estate Equity Fund is to provide investors
opportunities for long-term growth in capital through an active
management of investments in equity and equity-related instruments
(including derivatives) of companies in the realty and similar
sectors. For more detail visit http://www.magicbricks.com