Together, they bring 50+ years of combined expertise across private credit, residential RE, and alternate debt investing—offering a proven platform for HNIs and institutional clients seeking secure real estate-backed AIFs.

Invest in South India Real Estate | Millenia WB Yield Fund – SEBI Registered Category II AIF

Invest in South India Real Estate | Millenia WB Yield Fund – SEBI Registered Category II AIF
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About Millenia WB Yield Fund – Category II AIF
Millenia WB Yield Fund – Category II AIF is a SEBI-registered alternative investment fund (AIF) from Irris Whiteboard Private Limited, crafted to offer a secure and structured investment solution for HNIs, NRIs, and institutional investors. The fund targets mid-income residential real estate projects in South India’s high-growth IT corridors. Backed by CRISIL A-rated developers, the fund focuses on pre-leased projects with a projected gross IRR of 18%+ and ring-fenced mortgage-backed security. It’s a standout choice in the alternative fixed-income investment segment, tailored for long-term wealth creation with reduced volatility.
Portfolio Managers
Investment Objective
Millenia WB Yield Fund – Category II AIF aims to generate attractive fixed income returns by investing in mid-income housing projects within fast-growing IT hubs of South India. The fund capitalizes on India’s booming digital economy and urban expansion trends, aligning with developers rated CRISIL A- or higher, while maintaining high security through collateral-backed deployment structures.
Investment Strategy
The fund employs a ring-fenced investment structure by financing projects secured via escrow-based cash flow sweeps and mortgage-backed guarantees. It ensures pre-defined caps on exposure per project, strictly within SEBI guidelines, while focusing on residential developers with visible cash flows and minimum annual payouts.
Key Highlights:
- Diversified real estate investments across pre-approved projects
- Pre-defined cap for risk management
- Escrow-based structure + mortgage security
- Focused on income-oriented HNI investments
Investment Philosophy
Millenia WB Yield Fund offers a differentiated opportunity to invest in India’s real estate sector at a critical inflexion point, driven by rapid urbanization, government policy support, and affordability improvements. The fund integrates ESG-focused impact investing, favoring urban growth nodes and IT-linked regions for long-term, risk-adjusted wealth creation. Its philosophy lies in blending financial security, urban demand, and sustainable development through regulated frameworks.
Do Not Simply Invest, Make Informed Decisions
WISH TO MAKE INFORMED INVESTMENTS FOR LONG TERM WEALTH CREATION
