The purpose of this website is to provide general information to prospective investors in a manner to assist them in making investment decision. It does not purport to contain all the information that the prospective investor may require.

The website is made for informational purposes only and should not be regarded as an official opinion of any kind or a recommendation. It does not constitute an offer, solicitation or an invitation to the public in general to invest in Plunge Housing Fund. This website is intended for the use of prospective investors only towhom it is addressed and who is willing and eligible to invest in Plunge Housing Fund.

The information contained in this website is obtained from sources believed to be reliable. We do not represent that any information, including third party information, is accurate or complete and it should not be relied upon without proper investigation on the part of investor(s).

Plunge Housing Fund or PIPL (Plunge Investments Private Limited) or any of its director(s) or employees does not assure/give guarantee for any accuracy of any of the facts/interpretations in this document, and shall not be liable to any person including the beneficiary for any claim or demand for damages or otherwise in relation to this opinion or its contents.

Please note that the current name of the fund is “Plunge Housing Fund” and the Investment Manager for the same is “Plunge Investments Private Limited”. We are in process of changing the name of the Investment Manager to “Arkfin Investments Private Limited” and the fund name to “Arkfin Housing Fund”.

Taxation of AIF: The fund is registered with SEBI as a Category II AIF in accordance with the SEBI (AIF Regulations), 2012. As per the new provisions proposed in the Income Tax Act, Category II AIFs shall now enjoy the benefit of the exemption as per section 10(23FBA) of the Income Tax Act, 1961 for income other than income earned from business activities. Thus, the fund is of the opinion that income earned by the fund from its investing activities, which shall constitute as Income by way of capital gains / income from other sources, would not be taxable in the hands of the fund as per the said new provisions. However, the contributors to the fundwould be liable to tax on the income accrued as per the provisions of section 115UB of the Act. Further, the payer of the above income to the fund would also be exempted from tax withholding obligations vide notification no. 51/2015 dated 24.06.2015.

All investors must consider the risk factors, do their own analysis and/or avail expert professional help to arrive at an investment decision.