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India’s first-ever REITs and InvITs index

Facts for Prelims (FFP)

Source: LM

 Context: NSE Indices Ltd, a subsidiary of the National Stock Exchange (NSE), has launched India’s first-ever Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) Index.

 

Aim: To track the performance of REITs and InvITs that are publicly listed and traded on the NSE.

 

What are NSE Indices?

NSE Indices (set up: 1998; HQ: Mumbai; a subsidiary of the National Stock Exchange of India) provides a variety of indices and index-related products and services to Indian capital markets.