Is Power Grid InvIT a good option for low-risk investors? The issue, which will open for subscription on 29 April and close on 3 May, has been priced in the band of Rs99-100 per unit. Synopsis "Investors preferring annuity like income over growth can subscribe to the issue from long term perspective," said Vikas Jain, analyst, Reliance Securities. MUMBAI: Investors looking for a low-risk security that could offer better returns than traditional fixed income options could consider the Initial Public Offering of PowerGrid Infrastructure Investment Trust. Analysts said investors could expect 10-12% yield annually from this InvIT—the first by a state-owned entity.