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As REITs, InvITs catch investors' fancy, MFs pour in Rs 12,000 cr in 2019

Fund managers infused Rs 670 crore in real estate investment trusts (REITs) and Rs 11,347 crore in infrastructure investment trusts (InvITs) last year

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Press Trust of India New Delhi
Emerging investment instruments REITs and InvITs seem to be finally catching investors' fancy, with mutual funds investing a whopping Rs 12,000 crore in such units in 2019.

Fund managers infused Rs 670 crore in real estate investment trusts (REITs) and Rs 11,347 crore in infrastructure investment trusts (InvITs) last year, according to the Securities and Exchange Board of India (Sebi).

Mutual funds have increased their exposure in these investment avenues over the past one year. Investment by fund houses in REITs jumped to Rs 72.5 crore in December 2019 from a mere Rs 7 crore in January 2019, while the same in