Here's everything you need to know about InvITs ?
The term ‘InvIT’, or Infrastructure Investment Trust, has been in the news lately due to initial public offerings by IRB Infrastructure and Sterlite Power Grid Ventures, and more are in the pipeline. ET decodes InvIT for you. 1. What are InvITs? Infrastructure investment trusts, or InvITs, are instruments that work like mutual funds. InvITs are designed to pool small sums of money from a number of investors to invest in assets that give cash flow over a period of time. Part of this .. The term ‘InvIT’, or Infrastructure Investment Trust, has been in the news lately due to initial public offerings by IRB Infrastructure and Sterlite Power Grid Ventures, and more are in the pipeline. ET decodes InvIT for you. 1. What are InvITs? Infrastructure investment trusts, or InvITs, are instruments that work like mutual funds. InvITs are designed to pool small sums of money from a number of investors to invest in assets that give cash flow over a period of time. Part of this cash flow wou...