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Infrastructure Investment Trusts (InvITs) distributed INR 22,769 crore to unitholders during FY26, taking cumulative payouts since inception to INR 91,000 crore, according to data released by the Bharat InvITs Association (BIA). The sector also recorded growth in assets under management, which increased from INR 6.3 lakh crore in FY25 to INR 7.1 lakh crore in FY26. Listed InvITs added nearly two lakh new unitholders during the year, resulting in a 64% increase in the investor base. Equity fundraising by InvITs rose to INR 1.97 lakh crore during FY26, while the industry’s gross debt stood at INR 3.35 lakh crore as of March 31, 2026. The figures highlight the growing role of InvITs in infrastructure financing and asset monetisation across India.
Infrastructure Investment Trusts (InvITs) distributed INR 22,769 crore to unitholders during FY26, taking the cumulative amount distributed since the introduction of the investment structure to approximately INR 91,000 crore, according to industry data released by the Bharat InvITs Association (BIA).
The latest figures, released on June 16, indicate continued growth in the InvIT sector, which has emerged as a key capital market vehicle for monetising operational infrastructure assets. InvITs are typically sponsored by infrastructure developers, asset owners and private equity firms, enabling them to unlock capital from completed projects while offering investors regular income distributions and potential capital appreciation.
According to the association, the sector’s assets under management (AUM) increased to INR 7.1 lakh crore during FY26 from INR 6.3 lakh crore in the previous financial year. The growth reflects the addition of assets as well as increased investor participation across listed infrastructure investment platforms.
India currently has 28 registered InvITs, of which 26 are listed. Eight of these are publicly listed and accessible to retail investors through stock exchanges, while the remaining vehicles operate under private structures catering largely to institutional and sophisticated investors.
Investor participation also strengthened considerably during the year. Nearly two lakh new unitholders were added across listed InvITs in FY26, resulting in a 64% increase in the overall unitholder base. The Bharat InvITs Association stated that the expansion reflects growing awareness and acceptance of InvITs as an income-generating investment avenue, particularly among retail investors seeking long-term exposure to infrastructure assets.
The sector also witnessed higher capital mobilisation during the year. InvITs raised INR 1.97 lakh crore through equity issuances in FY26, compared with INR 1.75 lakh crore raised during FY25. The increase in fundraising activity underscores continued investor interest in infrastructure-backed investment products and the sector’s role in financing large-scale infrastructure development.
Alongside the growth in assets and fundraising, the industry’s aggregate gross debt stood at INR 3.35 lakh crore as of March 31, 2026. Debt financing remains an important component of InvIT capital structures, supporting acquisitions, refinancing activities and expansion of infrastructure portfolios.
InvITs have become an increasingly significant part of India’s infrastructure financing ecosystem, particularly in sectors such as roads, power transmission, renewable energy, gas pipelines and telecommunications infrastructure. The structure allows developers to recycle capital from operational assets into new projects while providing investors with exposure to revenue-generating infrastructure.
The Bharat InvITs Association, the apex industry body representing InvIT stakeholders, stated that the sector continues to evolve as a capital market mechanism for infrastructure funding, bringing together sponsors, institutional investors, regulators and other market participants to support long-term infrastructure investment in the country.
Source - PTI