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Mutual funds investment in REITs, InvITs climbs 58% to Rs 980 cr in January

In comparison, an investment of mere Rs 7 crore was seen in REITs in January 2019 and Rs 611 crore in InvITs

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Under the norms, a mutual fund has been permitted to invest only up to 5 per cent of its net asset value in units of a single issuer of alternative securities

Press Trust of India New Delhi
Emerging investment instruments, REITs and InvITs, seem to be gaining pace, with mutual funds investing a whopping Rs 980 crore in such units in January 2020, a surge of 58 per cent from the preceding year.

Fund managers infused Rs 71 crore in real estate investment trusts (REITs) and Rs 909 crore in infrastructure investment trusts (InvITs) in January this year, according to the Securities and Exchange Board of India (Sebi).

In comparison, an investment of mere Rs 7 crore was seen in REITs in January 2019 and Rs 611 crore in InvITs.

Mutual funds have been increasing their exposure in these investment

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