Economics · Financial Markets
With reference to Infrastructure Investment Trusts (InvITs) in India, consider the following statements: 1. InvITs are regulatorily mandated to distribute at least 90% of their net distributable cash flows to unitholders. 2. At least 80% of the total value of InvIT assets must be invested in completed and revenue-generating infrastructure projects. 3. InvITs are permitted to undertake leverage without any regulatory cap, subject to complete public disclosure. Which of the statements given above is/are correct?
- 11, 2 and 3
- 22 and 3 only
- 31 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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