REITs, InvITs, SM REITs to invest in liquid funds: SEBI
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SEBI has proposed key changes in Real Estate Investment Trusts (REITs), Infrastructure Investment Trusts (InvITs) and Small and Medium (SM) REITs in which it is proposed to allow them to invest in liquid funds offered by mutual funds.
However, REITs, InvITs and SM REITs can invest only up to 20% of their corpus in liquid funds.
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