How have InvITs fared in India as PE firms to PSUs join the bandwagon?

When IRB InvIT Fund, the country’s first infrastructure investment trust (InvIT), listed on the stock markets in May 2017, few Indians would have ever thought of investing in such a vehicle.  Yet, six years on, India now has as many as 21 listed and unlisted InvITs with at least two more in the offing that could offer investors a greater choice in ......