The Securities and Exchange Board of India (Mutual Fund) Regulations, 1996, have been amended to permit mutual funds to invest in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs). For group subscribers, please click here to access. The business law digest is compiled by Nishith Desai Associates (NDA). NDA is a research-based international law firm with offices in Mumbai, New Delhi, Bengaluru, Singapore, Silicon Valley and Munich. It specializes in strategic legal, regulatory and tax advice coupled with industry expertise in an integrated manner.
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