SEBI tightens norms for mutual fund schemes to be invested in REITs and InvITs
Mar 02 2017
News Category: Regulatory Updates
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Securities and Exchange Board of India said that mutual fund schemes investing in Real Estate Investment Trust (REITs) and Infrastructure Investment Trusts (InvITs) will have to give 15-day time to unit-holders to exercise exit option. Earlier, the capital market regulator notified norms allowing mutual funds to invest in REITs and InvITs in order to attract more investors.

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