InvIT asset allocation requires predominant infrastructure exposure, controlled ancillary investments, and timely restoration after market-driven breaches. Public-issue InvITs must invest at least 80% of asset value in completed and revenue-generating infrastructure projects, with only direct qualifying ... Summary
InvIT asset allocation requires predominant infrastructure exposure, controlled ancillary investments, and timely restoration after market-driven breaches.
Public-issue InvITs must invest at least 80% of asset value in completed and revenue-generating infrastructure projects, with only direct qualifying project investments through holdcos or SPVs counted toward that threshold. Up to 20% may be invested in specified ancillary assets, while under-construction infrastructure projects are separately capped at 10%. Market-driven breaches require trustee notification and restoration of compliance within the prescribed period. Privately placed InvITs must invest at least 80% in eligible infrastructure projects and may place uninvested funds in specified permitted securities and cash-equivalent instruments.
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