Emerging investment instrument REIT seems to be finally catching investors’ fancy, with mutual funds investing a whopping Rs 735 crore in such units in the first six months of 2020, nearly three-fold jump from the year-ago period. However, mutual funds’ investment in infrastructure investment trusts (InvITs) dropped by 8 per cent to Rs 4,968 crore in the period under review, data with the Securities and Exchange Board of India (Sebi) showed.
Insurers receptive to covering chronic ailments, declare PEDs honestly
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