NSE Indices launches REITs and InvITs index

PTI

Updated At : 01:29 PM Apr 12, 2023 IST

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New Delhi, April 11

NSE Indices Ltd, an arm of the National Stock Exchange (NSE), on Tuesday launched the country’s first-ever Real Estate Investment Trusts and Infrastructure Investment Trusts index — Nifty REITs and InvITs Index.

The index aims to track the performance of REITs and InvITs that are publicly listed and traded on the NSE, the exchange said.

A real estate investment trust (REIT) or an infrastructure investment trust (InvIT) is an investment vehicle that owns revenue-generating real estate or infrastructure assets.

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