Invits

As of March 2025, there are 26 InvITs are registered with Securities and Exchange Board of India (SEBI). Of this, 21 are privately listed and only five are publicly listed.

REITs and InvITs: From niche instruments to core institutional allocations

Mutual funds in India are shifting from tactical to strategic investments in REITs and InvITs, driven by strong yields, regulatory support, and growing market maturity, redefining long-term income generation

How have disclosures by REITs, InvITs improved?

The new amendments will provide more clarity for investors on cash flows and risk-reward profiles of these assets, said legal experts.

SEBI proposes aligning financials disclosure requirements for REITs, InvITs with ICDR and LODR Regulations

The consultation paper, released on February 14, covers ease-of-doing business and investor-protection measures

Explained: Will restricted InvITs proposed by Sebi really give assured returns?

The regulator has taken note of an arrangement prevalent in the market and floated a consultation paper to regulate it.

Sebi announces two more ease-of-doing-business measures for REITs and InvITs

The capital markets regulator has aligned the provisions more closely with LODR Regulations; one measure gives the asset classes more time to file their statements of deviation with the exchanges

REIT, InvIT mop-ups shoot up 5-fold to over Rs 39,000 crore in FY24: Economic Survey

The survey report was released on July 22, a day before the Union Budget.

Sebi releases framework for issue of subordinate units in privately placed InvITs

The regulator amended the Infrastructure Investment Trusts Regulations

To encourage participation in privately placed InvITs, Sebi moots slashing lot size by three-fourths

The market regulator has suggested that the lot size of these InvITs be cut from Rs 1 crore to Rs 25 lakh.

Privately placed InvITs can now issue subordinate units, says SEBI

The market regulator made this announcement after meeting with its Board on March 15

Bharat Highways InvIT the first publicly listed InvIT with only HAM assets: Management

The public issue of Bharat Highways Infrastructure Investment Trust (InvIT) was subscribed 8.02 times as investors bought 82.53 crore units against an offer size of 10.3 crore units

India poised for Amrit Kaal, but investment trusts await noteworthy reforms: IndiGrid CEO on interim Budget

We had hoped that this year the budget will include, among other reforms, policy upgrades to classify investment trusts as an equity or equity-like instrument or allow us to participate in mainstream indices, but lack of any major update has left the sector disappointed.

Budget 2024-25 Expectations – Making InvITs an investment vehicle of choice

There are expectations that the budget will focus on the inclusion of policy changes, provide higher allocations to areas that expedite the implementation of reforms, and permit the inclusion of diverse funding avenues.

Sebi releases standard framework for calculating Net Distributable Cash Flows for REITs and InvITs

The trusts are required to distribute a minimum of 90 percent of the NDCFs at the level of the trusts and at the level of the HoldCo/SPVs. The revised framework for both InvITs and REITs will become applicable from April 1, 2024

Sebi eases access to unclaimed amount for investors of three asset classes

The market regulator has released frameworks for investors in REITs, InvITs and listed non-convertible securities

Sebi releases framework for unitholders of REITs, InvITs to nominate directors

Eligibility of unitholders will be decided based on the holding pattern as on September 30, 2023

Sebi plans to bring follow-on offer rules for REITs, InvITs

Sebi enhances regulations and simplifies processes for REITs and InvITs, shortening allotment to listing time to six days.

Sebi allows OFS for units of private listed InvITs via stock exchange mechanism

Based on the feedback received from market participants, it has been decided to modify the framework to allow OFS for units of privately listed InvITs, the Securities and Exchange Board of India (Sebi) said in a circular.

SEBI amends guidelines for institutional placement of units by InvITs, REITs

In two separate but similarly-worded circulars issued for InvITs and REITs, Sebi has mentioned about pricing for institutional placement of units.

Representation for retail investors in REITs, INVITs gets Sebi nod

Besides, the Sebi also tweaked skin in the game rules for sponsors of InvIT and REITs, making them more stringent.

To meet public shareholding requirement, REIT and InvIT sponsors & managers can sell to ETFs

Sebi has issued two circulars on the methods by which the trusts can meet minimum public shareholding requirements.

Sebi proposes self-sponsored REITs and InvITS

If the proposals come into force, sponsors may not be allowed the option of declassification as a way to exit the trust

SEBI wants to bolt the exit door for REITs/InvITs' sponsors

SEBI contends there is a need to have at least one sponsor throughout the life of the REIT/InvIT given that this particular segment of the market is "in a nascent stage and continuously evolving."

MC Explainer: How are InvITs taxed?

For both retail individuals as well as HNIs, InvITs are fast becoming the vehicle of choice for investing in India’s infrastructure growth story. So it’s important to understand how your income will be taxed.

Sebi allows virtual meetings for REITs, InVITs unitholders

The move would allow maximum participation of unitholders in the decision-making process and help in better governance. Under the rules, an annual meeting of all unitholders of real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) need to be held within 120 days from the end of a financial year and the time between two meetings should not exceed 15 months.