Starting January 1, mutual funds and specialized investment funds will classify their commitments to REITs as equity investments. Meanwhile, infrastructure investment funds will retain their hybrid status. Existing investments in REITs under debt schemes will be preserved until December 31, 2025, allowing fund managers time to adapt.
FIIs sold about Rs 11,000 crore worth Indian stocks in 2 days of US-Iran war
Foreign investors sold nearly Rs 11,000 crore in two March sessions amid escalating West Asia tensions, surging crude prices and currency volatility. DIIs offered support,