https://www.taxtmi.com/circulars?id=69004 REITs are reclassified as equity related instruments for Mutual Funds and SIFs effective January 1, 2026; InvITs remain hybrid. Existing REIT holdings in debt schemes and SIF strategies as of December 31, 2025 are grandfathered, with AMCs encouraged to consider divestment where appropriate. AMCs must issue addenda to scheme documents (not treated as fundamental changes) and AMFI will include REITs in its market-cap based scrip classification. Inclusion in equity indices is deferred for six months. en-us Fri, 28 Nov 2025 00:00:00 +0530 Fri, 28 Nov 2025 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=69004 REITs are reclassified as equity related instruments for Mutual Funds and SIFs effective January 1, 2026; InvITs remain hybrid. Existing REIT holdings in debt schemes and SIF strategies as of December 31, 2025 are grandfathered, with AMCs encouraged to consider divestment where appropriate. AMCs must issue addenda to scheme documents (not treated as fundamental changes) and AMFI will include REITs in its market-cap based scrip classification. Inclusion in equity indices is deferred for six months. Circulars SEBI Fri, 28 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69004