SEBI clears InvITs applications
Q. SEBI has received 4 applications for InvITs of which 2 have been cleared. What are InvITs?- Published on 20 May 16a. Infrastructure Investment Trusts
b. IT Investment Trusts
c. India Investment Trust
d. None of the above
ANSWER: Infrastructure Investment Trusts
SEBI has received four applications for InvITs or Infrastructure Investment Trusts with two of the applications received for setting up such entities approved.
- No application has been received for REIT or Real Estate Investment Trust though regulator has been getting enquiries.
- These instruments will help to garner funds for further investment into infrastructure and real estate projects.