InvIT on WebNotes

How to apply for an InvIT IPO on Zerodha

Sun, 21 Jun 2026 00:00:00 +0000

An InvIT public issue appears in the same Kite IPO window as an equity IPO, but Zerodha books every retail bid into it as a Non-Individual Investor (NII) application rather than the retail RII category, and you bid in multiples of a one-unit lot rather than against the Rs 2 lakh retail ceiling. An Infrastructure Investment Trust (InvIT) is a SEBI -registered pooled vehicle that owns operating infrastructure, toll roads, power-transmission lines, gas pipelines or renewable plants, and passes the bulk of its cash flow to unitholders. This guide covers where the issue shows up, the category and lot quirks that catch first-time applicants, the UPI ASBA and net-banking routes, and the SEBI (Infrastructure Investment Trusts) Regulations 2014 that set the distribution floor.

REIT / InvIT exposure cap for mutual funds

Tue, 19 May 2026 00:00:00 +0000

SEBI’s REIT (Real Estate Investment Trust) and InvIT (Infrastructure Investment Trust) exposure cap for mutual funds limits the percentage of scheme AUM that an Indian mutual fund can invest in these instrument classes. The framework reflects the broader investment-restriction regime designed to ensure scheme diversification and prevent over-concentration in any single asset class beyond traditional equities and debt.

For Indian mutual fund scheme designers and investors, the framework matters because REITs and InvITs are emerging as a meaningful asset class but are operationally and economically distinct from regular equity / debt.

SEBI Investment Management Department

Sat, 16 May 2026 00:00:00 +0000

The Investment Management Department (IMD) is the operational department of the Securities and Exchange Board of India (SEBI) responsible for regulating and supervising collective investment vehicles and investment-management intermediaries in India. The department is the nodal SEBI unit for mutual funds, portfolio managers, investment advisers, alternative investment funds (AIFs), venture capital funds, real estate investment trusts (REITs), and infrastructure investment trusts (InvITs). It is constituted within SEBI under the authority of the SEBI Act, 1992 , reports to the Executive Director (Investment Management), and is headquartered in Mumbai with operational presence at SEBI’s regional offices in Delhi, Kolkata, Chennai, and Ahmedabad.