Asset monetisation: InvITs gaining market’s trust rapidly

Popularly known as InvITs, Infrastructure Investment Trusts have gained significant momentum over the last two years. The Securities and Exchange Board of India (SEBI) came out with the initial set of guidelines for such structures in July 2014 and has been constantly improvising them, based on the feedback from the stakeholders as well as experience from the developed markets. This has made InvITs more amenable to both lenders and investors.