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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.

  1. AInvITs invest in infrastructure projects such as roads and power transmissionCorrect
  2. BInvITs can invest only in residential apartments
  3. CInvIT units cannot be listed on any exchange
  4. 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.

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