The Securities Exchange Board of India (“SEBI”), by notification dated 16.04.20261, has notified the SEBI (Infrastructure Investment Trusts) (Amendment) Regulations, 2026 (“InvIT Amendment Regulations”) amending the SEBI (Infrastructure Investment Trusts) Regulations, 2014 (“InvIT Regulations”).
The key amendments introduced in the InvIT Amendment Regulations are:
(i) Lower credit risk value of liquid mutual funds: mutual funds which qualify as liquid assets under the InvIT regulations now include units of liquid mutual fund schemes where credit risk value is at least 10 and which falls under the Class A-I or Class B-I in the potential risk class matrix as specified by SEBI. Additionally, investment norms under regulation 18 are also updated, lowering the credit risk value for units of liquid mutual funds from 12 to 10 and which now include Class B-1 liquid mutual funds