Pension fund managers will now have more investment options, with InvITs finally becoming a reality after two years and REITs in the offing. Pension regulator PFRDA has created a separate asset class for investment under which the funds can be invested into newly created trusts InvITs and REITs.
PFRDA has issued a revised investment guidelines for National Pension System (NPS) schemes (for the private sector), which came into effect on May 8.
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