Archive · 21 Nov 2025
SEBI Expands REIT, InvIT Access; Reviews Research Fee Unbundling
The market regulator, SEBI, is making it easier for people to invest in Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).
They want more people to know about these investment options.
SEBI is also looking at how research fees are charged and might change how this works.
They've made a new rule that mutual funds can't invest in certain types of share sales before a company goes public, but they can invest in a different type of share sale called anchor rounds.
SEBI plans to expand investment pool for REITs and InvITs
Inclusion of REITs in indices being explored
Retail participation in REITs and InvITs to be increased
SEBI reviews proposal to unbundle analyst research fees
Mutual funds barred from pre-IPO placements, allowed in anchor rounds
- Who
- SEBI, Investors, Mutual Funds
- What
- Expanding REIT and InvIT investment access, reviewing research fee unbundling, changing mutual fund investment rules
- When
- Currently, with reviews and changes happening now
- Where
- India, specifically in the stock market
- Why
- To increase investment in REITs and InvITs, improve transparency, and enhance investor protection
Investors, Mutual Funds
SEBI
Investment Access
Investors, Mutual Funds
Want easier access to REITs and InvITs
SEBI
SEBI is expanding access and exploring index inclusion
Research Fees
Investors, Mutual Funds
Concerned about potential impact on fees
SEBI
SEBI is reviewing the proposal and considering a different model
Pre-IPO Investments
Investors, Mutual Funds
Previously invested in pre-IPO placements
SEBI
SEBI has barred mutual funds from pre-IPO placements, allowing only anchor rounds
- Total REITs and InvITs Listed
- 5 REITs, 24 InvITs
- Assets Under Management (REITs, InvITs, SM REITs)
- ₹9.25 lakh crore
- Mutual Funds Allocation in Anchor Portion
- 33%
- Retail Investor Accounts
- 13.6 crore investors, 21 crore demat accounts
Sources
Large shareholder pushback eases, but promoters still have their way
SEBI bars mutual funds from pre-IPO placements, permits investment only in anchor rounds
SEBI plans to expand REIT and InvIT investment access, eyes index inclusion
Retail IPO frenzy: Govt says regulation not needed, calls for better investor awareness
