Indiabulls High Yield Fund, is a second domestic scheme launched by IBAMC in the AIF space. The fund is predominantly a real estate development fund, investing in Tier 1 cities with the underlying assets being focused on residential space.The fund was launched in April 2016 and has successfully raised over ₹ 500 crores from domestic institutions, corporates, trusts and HNIs across the country. The fund is AAA(AIF) rated by CARE ratings and AAA(AIF)/Stable Outlook by Infomerics. The fund has already deployed in excess of ₹ 250 crores across prime residential projects.The fund aims to generate periodic returns through structured transactions accompanied with significant downside protection mechanisms. The fund’s exit will be based on self-liquidation of assets or through repayment of agreed returns by the developer.