SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Zee Entertainment acts as ‘Principal Sponsor’ of Essel Group’s maiden realty PE fund

16 Apr 2013 Evaluate

Subhash Chandra-promoted Media Company Zee Entertainment is the principal sponsor and anchor investor for Rs 1000-crore real estate private equity (PE) fund, India Asset Growth Fund, launched by Essel Group, as part of its asset management foray. As part of the initial closure of the fund, Zee and Chandra’s family office trust have invested a sum of Rs 100 crore each.

The fund, which has a corpus of Rs 500 crore along with an option for raising additional Rs 500 crore, will be invested in residential projects. Further, the Essel fund, India Asset Growth Fund-Series I, Annuities in Senior Secured Estates Transaction, will be held and managed by Essel Finance Advisors and Managers, a part of the holding company Essel Financial Services. The fund is a so-called umbrella fund and is the first in a series of real estate funds that will be raised.

The fund will essentially invest in residential projects across six key cities of the country including Mumbai, Gurgaon, Bangalore, Chennai, Kolkata and Pune. It will also look at Hyderabad for further investment.

Zee Entertainment Share Price

81.06 0.85 (1.06%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×