MUMBAI: India Realty Fund-I ( IRF-I), managed by Private Equity player, Azure Capital has announced second distribution of profit earned by the Fund May 18. The fund distributed 5 per cent of its income.

In all the fund has distributed 10 per cent of its income in two months. There are few Real Estate PE Funds in India to distribute profits within 2.5 years of final closure date and IRF-I is one of those few.