India's InvIT Market Grows, Retail Investors Remain Sidelined

India's market regulator introduced infrastructure investment trusts (InvITs) over a decade ago to help fund infrastructure projects.

These InvITs pool money from investors and use it to build things like roads and power plants.

Investors earn money from these projects.

While the total amount of money managed by InvITs has grown a lot, most of this money comes from big institutions, not regular people.

There are only a few InvITs that regular investors can buy and sell easily.

The regulator has tried to make it easier for regular people to invest by lowering the minimum investment amount, but not many people are investing yet.

Experts say that InvITs are still mostly for big investors because they can be hard to understand and don't always give predictable returns.

They also point out that making InvITs more attractive to regular investors will require better awareness, simpler rules, and possibly tax benefits.