MUTUAL FUNDS
Invesco Asset Management (India) announces reclassification of REITs as equity related instruments
Jan-01-2026

In accordance with SEBI vide its Gazette Notification No. SEBI/LAD-NRO/GN/2025/272 dated October 31, 2025 has amended SEBI (Mutual Funds) Regulations, 1996 for re-classification of Real Estate Investment Trusts (‘REITs’) as equity related instrument. Subsequently, SEBI vide its Circular No. HO/24/13/12(1)2025-IMD-POD-2/I/157/2025 dated November 28, 2025 (‘SEBI Circular’) has stated that with effect from January 1, 2026, any investments made by Mutual Funds and Specialized Investment Funds (‘SIFs’) in REITs shall be considered as investment in equity related instruments. 

Accordingly, Invesco Mutual Fund has informed that, investments by schemes of Invesco Mutual Fund (‘the Fund’) in REITs will be considered as, and shall form part of asset allocation towards equity related instruments as stated in Scheme Information Document(s) (‘SIDs’) of respective Scheme(s) of the Fund. It has clarified that units of Infrastructure Investment Trusts (‘InvITs’) shall continue to be classified as hybrid instruments for the purpose of investments by schemes. The following changes shall be carried out in the SIDs of the Scheme(s) of the Fund pursuant to reclassification of REITs as equity related instruments: 1) Change in definition of Equity Related Instruments. 2) Change in SIDs of Schemes of the Fund.

Pursuant to above changes, necessary / consequential changes will be carried out at all relevant places in SIDs & Key Information Memorandum(s) (‘KIMs’) of the Schemes of the Fund, as applicable. All other terms & conditions of the SIDs and KIMs of the Schemes of the Fund will remain unchanged. This addendum forms an integral part of the SIDs and KIMs of the Schemes of the Fund, as amended from time to time.


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