{"id":348733,"date":"2025-10-27T16:08:19","date_gmt":"2025-10-27T10:38:19","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=348733"},"modified":"2025-10-27T16:17:05","modified_gmt":"2025-10-27T10:47:05","slug":"swamih-fund","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/swamih-fund\/","title":{"rendered":"SWAMIH Fund\u00a0"},"content":{"rendered":"<p><strong>News:<\/strong> The RBI has designated <strong>SWAMIH Fund-I under the \u201cspecified exemption category\u201d<\/strong> in its <strong>\u201cInvestment in AIF (Alternate Investment Fund) Directions, 2025\u201d<\/strong>.\u00a0 As a result of this exemption, regulated entities (REs) such as banks and NBFCs investing in SWAMIH Fund-I will <strong>not be subject to the usual caps and provisioning rules applicable to AIF investments.<\/strong><\/p>\n<h2>About SWAMIH Fund (Special\u00a0Window for Affordable and Mid-Income Housing Fund)<\/h2>\n<figure style=\"width: 438px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.ramkyestates.com\/wp-content\/uploads\/2025\/04\/SWAMIH-Logo-WITH-SBIVENTURES-1-1.png?resize=438%2C178&#038;ssl=1\" alt=\"Ramky Lumina | 1, 2, and 3 BHK apartments on Hosa Road, Bangalore\" width=\"438\" height=\"178\" \/><figcaption class=\"wp-caption-text\">Source: ramkyestates.com<\/figcaption><\/figure>\n<ul>\n<li>It is<strong> India\u2019s largest social impact fund <\/strong>specifically formed for completing stressed and stalled residential projects.<\/li>\n<li><strong>Launched on:\u00a0<\/strong> <strong>6 November 2019<\/strong><\/li>\n<li><strong>Objective:<\/strong> To <strong>provide priority debt financing for stalled residential projects<\/strong> in the affordable and mid-income housing segment.<\/li>\n<li><strong>Nodal Ministry:<\/strong> Ministry of Finance, Government of India.<\/li>\n<li><strong>Managed by:<\/strong> SBICAP Ventures Ltd (a subsidiary of the State Bank Group).<\/li>\n<li><strong>Corpus raised:<\/strong> approximately <strong>\u20b9 15,530 crore<\/strong>.<\/li>\n<li><strong>Achievements:<\/strong> Over 50,000 housing units completed under the scheme (as of early 2025).<\/li>\n<li><strong>Key feature:<\/strong> acts as a \u201clender of last resort\u201d for projects that conventional lenders may avoid due to risk.<\/li>\n<li>The project <strong>identifies established developers with poor track record of stalled projects, NPA accounts, customer complaints<\/strong> even projects with litigation issues along with first-time developers as lenders.<\/li>\n<li>It has <strong>one of the largest domestic real estate private equity teams<\/strong> that are focused on monitoring and funding the completion of stressed residential properties<\/li>\n<\/ul>\n<h2>About SWAMIH Fund 2<\/h2>\n<ul>\n<li>Announced in the <strong>Union Budget 2025-26 (1 February 2025)\u00a0<\/strong><\/li>\n<li><strong>Allocation: \u20b9 15,000 crore<\/strong> corpus.<\/li>\n<li><strong>Target:<\/strong> Expedite completion of <strong>1 lakh (100,000) additional housing units<\/strong> in stressed projects.<\/li>\n<li><strong>Model:<\/strong> A <strong>blended finance facility<\/strong>, combining contributions from the government, banks and private investors.<\/li>\n<li><strong>Specific benefit for middle-class homebuyers: a<\/strong>ssists families who are <em>both<\/em> paying EMIs on home-loan for their apartment <em>and<\/em> paying rent for their current dwelling because the apartment was delayed.<\/li>\n<li><strong>Intended sectoral effect:<\/strong> inject liquidity, restore trust in the housing market, assist completion of delayed projects, thereby stabilising the real-estate segment.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: The RBI has designated SWAMIH Fund-I under the \u201cspecified exemption category\u201d in its \u201cInvestment in AIF (Alternate Investment Fund) Directions, 2025\u201d.\u00a0 As a result of this exemption, regulated entities (REs) such as banks and NBFCs investing in SWAMIH Fund-I will not be subject to the usual caps and provisioning rules applicable to AIF investments.&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/swamih-fund\/\">Continue reading <span class=\"screen-reader-text\">SWAMIH Fund\u00a0<\/span><\/a><\/p>\n","protected":false},"author":10366,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,12039],"tags":[11872,10596],"class_list":["post-348733","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-knolls","tag-9pm-daily-factly","tag-economic-times","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/348733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10366"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=348733"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/348733\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=348733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=348733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=348733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}