If you are not
living under the rock, then chances are high that you might have stumbled upon
terms such as InvITs & REITs, the latest progeny in the much-dreaded birth
line of financially engineered products. The last large-scale experiment &
greed thereto (recall CDOs CDS) resulted in the global recession. At the same
time, the Indian populace at large was insulated from the direct inferno, but
the aftermath left none unperturbed. The innocent ‘why’ does immediately rear
its ugly head in our minds, but that is a discussion for another time. Painting
the entire gamut with a single brush may not always be prudent. Hence, in the
ever-dynamic & simultaneously evolving FOMO world, it is important to
understand both the products in-depth and then makes an informed decision about
the darkness of their hue. Starting as a novel investment vehicle to diversify
the investor’s base while maintaining a delicate equilibrium between risk &
rewards, both InviTs, and REITs have caught the imagination of the
ultraconservative, FD-guzzling retail wealth of the country.