NISM Certifications · NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors · Collective Investment Vehicles
Which of the following is a distinguishing feature of an Infrastructure Investment Trust (InvIT) compared with a REIT?
An InvIT pools investor money to invest in infrastructure assets like roads, power transmission and pipelines, whereas a REIT focuses on income-generating real estate. Both are SEBI-regulated trusts whose units can be listed, with income distributed to unit holders.
- AInvITs invest in infrastructure projects such as roads and power transmissionCorrect
- BInvITs can invest only in residential apartments
- CInvIT units cannot be listed on any exchange
- DInvITs are regulated by RBI rather than SEBI
Explanation
InvITs pool funds to invest in infrastructure assets such as roads, transmission lines and pipelines, and are regulated by SEBI. Residential apartments are not the focus, and InvIT units can be listed. RBI is not their regulator.
Did you get it right without looking?
One question tells you little. A timed set on Collective Investment Vehicles shows your real accuracy, how long you take and where you lose marks.
More Collective Investment Vehicles questions
- Which of the following best describes a feature of an open-ended mutual fund scheme in India?
- An investor puts Rs 5,00,000 in a unit of a collective investment vehicle whose NAV rises from Rs 40.00 to Rs 46.00 over one year, with no d…
- A mutual fund scheme has total net assets of ₹520 crore and 40 crore units outstanding. What is its NAV per unit?
- Which statement about Alternative Investment Funds (AIFs) in India is correct?
- Which of the following is a key difference between a mutual fund and a PMS for a distributor explaining them to a client?
- Which feature of an open-ended mutual fund scheme differs from a closed-ended scheme?