More Investments Expected From Mutual Funds After SEBI Moves REITS Into Equity Category

The regulator's move to reclassify Real Estate Investment Trusts as equity is a pivotal moment, according to industry experts. This change, which removes the previous 10% investment restriction for mutual funds, is a milestone that will help make the asset class mainstream and matches global standards, according to Ramesh Nair, chief executive officer and manging director of Mindspace Business Parks REIT.