REIT, a popular instrument globally, was introduced in India a few years ago to attract investment in the real estate sector by monetising rent-yielding assets.
Lord Adair Turner goes on to analyse India and says the crucial thing is to look at the degree of reliance on short-term debt and that is something that RBI governor Raghuram Rajan has commented on within the nature of financing of current account deficit (CAD).
ICICI Prudential Dynamic Plan has been a consistent outperformer across time period. This fund is suited for slightly conservative investors who want an equity exposure to their portfolio with a limited amount of risk over a long term period, reckons Arnav Pandya