InvITs are a safe, high-yielding investment option, says Nitan Chhatwal, Shrem MD
Of late, Infrastructure Investment Trust or InvIT is increasingly becoming a popular term that refers to a financial device for funding infrastructure projects, mostly in the roads and highways sector, so far. But not many would know that they can also contribute to the cause of nation building by investing in InvITs to help create infrastructure, besides getting good returns on their investment. As one hears of InvIT, some natural concerns come to mind: Would the financial instrument be a better and safer investment proposition for small investors, compared to the traditional ones? How does the trust operate? Whether the concept is here to stay or will it wither away over the next few years’ time? ET Infra sought to seek answers to these and other related questions during an interaction with Nitan Chhatwal , Managing Director, Shrem InvIT , a private investment trust that holds a bouquet of 24 road assets across five states, among other projects. Excerpts: You ...