Dhivehi Investment Partners (DIP) has officially launched its first investment fund, the Dhivehi Investment Nafaa Fund (DHINAF).
DHINAF is a private investment fund regulated and licensed by the Capital Market Development Authority (CMDA). The fund was officially launched by CMDA’s Chief Executive Officer, Mohamed Hussain Manik at a special ceremony held at Barcelo Nasandhura, which was attended by prominent figures from the Maldives’ capital market and business sectors.
The fund offers investment opportunities ranging from six months to three years.
Speaking about the fund, DIP’s Chairperson Abdul Wahid Thaufeeq said it aims to offer investors better returns than those typically available in the Maldivian financial markets. He added that the company intends to expand the fund further in the future.
"When we launch this fund, we want to assure that it will provide the best fixed return of any short-term investment fund in the Maldives. As a licensed private fund, qualified investors will contribute to the fund. We plan to expand this fund in the future and provide opportunities for more people to invest,” he said.
DIP believes that the launch of DHINAF will contribute to further growth to the private capital market of the Maldives.