April 2016

Foreign Investments in Regulated Collective Investment Vehicles

The Reserve Bank of India has been sequentially making new avenues for foreign investment into Real Estate Investment Trusts (REITs), Infrastructure Investment Trusts (InvITs) and Alternative Investment Funds (AIFs) since late last year, through a series of amendments to the Foreign Exchange Management (Permissible Capital Account Transactions) Regulations, 2000 and the Foreign Exchange Management (Transfer…

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