With InvITs, pension funds have more options

NEW DELHI: 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 private sector), which came into effect from May 8.