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New Delhi, Sep 15 (PTI) Markets regulator SEBI's decision to classify Real Estate Investment Trusts (REITs) as "equity" for investments by mutual funds is a progressive step that will widen investors' participation and strengthen this instrument. To enhance investment by Mutual fund schemes in REITs, the SEBI Board last week approved the amendments to SEBI (Mutual Funds) Regulations, 1996, for re-classifying REITs as "equity" and retaining the "hybrid" classification for the InvITs, for the pur ...Read More >
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