Markets regulator Sebi today allowed foreign portfolio investors to invest in newly launched products -- REITs, InvITs and AIFs -- and also permitted them to acquire corporate bonds under default.
All the investments by Foreign Portfolio Investors (FPIs) in such bonds should be within the overall limit of Rs 244,323 crore for foreign investment in corporate bonds.
"It has been decided to permit FPIs to invest in units of Real Estate Investment Trusts (REITs), InvIts (Infrast ..