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

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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 ......