This came following a fund collection of Rs 2,596 crore through listed Infrastructure Investment Trusts (InvITs) in the entire 2022-23, although the amount mopped up through listed Real Estate Investment Trusts (REITs) was nil, data with the Securities and Exchange Board of India (Sebi) showed.
There are already nine different methods to achieve minimum public unitholding requirements for infrastructure investment trusts (InvITs) that were prescribed in a master circular.
Some mutual fund houses recently held talks with the capital markets regulator urging the latter to pave way for a separate category of investment trusts
The Indian government aims to generate revenue of around $24.1 billion by monetising highways in the coming years, according to rating agency CareEdge. The plan involves building thousands of kilometers of new roads annually and using an Infrastructure Investment Trust (InvIT) or a toll-operate-transfer (TOT) model to generate revenue from these assets.