India had no listed REITs till about 2 years ago and as of March 2021, we have 3. Embassy Office Parks REIT, MindSpace and the most recent entrant – Brooksfield. Of the 3, Embassy has completed 2 years of listing now since its launch in March 2019. You can read an initial write up on […]
Update: Embassy REIT 2QFY2021 is down
I began coverage of Embassy Office Parks REIT in July 2020 with an idea to understand REITs in general as well as the specific investment opportunity. Using the annual report of FY2020 as the basis, it appeared then that the REIT stood strong against COVID headwinds. Loaded with Commercial Grade A properties occupied by bluechip […]
Embassy REIT – All that you need to know
The first REIT in India got listed only in 2019. This was the Embassy REIT, which raised about Rs. 4500 crores in March 2019. The REIT was listed at a price of Rs. 300, went up to Rs 512 and then closed the FY 2019-20 at Rs. 351. When the pandemic set in, there was […]
Budget 2023: Let’s simplify
This is literally the theme of the Budget 2023 specially with personal income taxes. And that is the only thing I had wishes for – simplify! Expert after expert recommended a change in 80C limits, aligning capital gains taxes, increasing tax slabs, etc. The underlying idea was fine – reduce the burden on aam junta […]
Can InvITs be a source of regular income?
Infrastructure Investment Trusts or more popularly known as InvITs have emerged as alternative investment in the last few years. The provision of distributing most of their surplus to the unitholders adds to the appeal for income seeking investors. What are InvITs? As mentioned on NSEIndia.com, an Infrastructure Investment Trust (InvITs) is Collective Investment Scheme quite […]
Parag Parikh Conservative Hybrid Fund – Why so excited?
PPFAS AMC has announced a new fund. This is going to be the 4th fund after its flagship Flexi cap fund, tax saver fund and liquid fund. The NFO or New Fund Offer opens on May 7, 2021. In its hallmark style, the fund house has gone to great lengths to offer a transparent, informative […]
