Institutional investors may get seat at InvITs’ manager boards

The finance ministry is working on a proposal to allow private institutional investors secure a board representation in the government-backed Infrastructure Investment Trusts (InvITs) managers following their investment in these collective investment vehicles. The move is expected to help attract more interest from large global funds to acquire a stake in these InvITs, which are … Read more

EPFO should stick to established PSU InvITs, REITs to maximise return: Analysts

NEW DELHI: It is well known that real interest rates in India are currently deep in the negative territory, which is a key reason why investors looking for optimal returns rush to the equity markets. The quest for higher returns now has a new entity in its ranks — the Employees’ Provident Fund Organisation (EPFO). … Read more

REITs and InvITs can now be part of Nifty indices

Mumbai: Real Estate Investment Trusts and Infrastructure Investment Trusts will be eligible to be included in the Nifty indices with effect from September 30, according to revised eligibility criteria for inclusion released on Monday. As per the existing rules, all equity shares that are traded on the NSE are eligible for inclusion in the Nifty … Read more

Shrem Group aims to double its road portfolio to Rs 15,000 crore

MUMBAI: Mumbai-based Shrem Group, a family wealth investment office, is looking to double its asset portfolio in the road sector to Rs 15,000 crore under its infrastructure commonly called InvIT. The government’s push for rapid growth in the infrastructure sector will catalyse a massive fund flow in the Infrastructure Investment Trusts, Nitan Chhatwal, CMD of … Read more

Retail participation: A cut in REIT lot size under review

MUMBAI: India’s market regulator is weighing a proposal that seeks to reduce the minimum investment limit in real estate investment trusts (REIT) to facilitate retail participation in this asset class, especially at a time when New Delhi is keen to monetise some of its income-earning properties. While the current floor is Rs 50,000, the threshold … Read more

MF investment in REITs jumps 3-fold to Rs 735 cr in first half of 2020

New Delhi: Emerging investment instrument REIT seems to be finally catching investors’ fancy, with mutual funds investing a whopping Rs 735 crore in such units in the first six months of 2020, nearly three-fold jump from the year-ago period. However, mutual funds’ investment in infrastructure investment trusts (InvITs) dropped by 8 per cent to Rs … Read more