Tag: National Investment and Infrastructure Fund (NIIF)

National Investment and Infrastructure Fund (NIIF)  Context: The Union Cabinet has approved an additional investment by the Government of India of ₹30,000 crore in the National Investment and Infrastructure Fund (NIIF) to be used for its upcoming funds. About National Investment and Infrastructure Fund (NIIF) The National Investment and Infrastructure Fund (NIIF) is a fund manager that invests in infrastructure and related sectors in India. It was established in 2015 and is India's first Sovereign Wealth Fund (SWF). NIIF is supported by the Government of India and provides a platform where both Indian and foreign investors can invest in infrastructure projects. It mainly invests in infrastructure, private equity, and other sectors with the aim of earning good returns while managing risks. The fund invests in greenfield projects (new projects), brownfield projects (existing projects), and stalled projects. The Government of India owns 49% of NIIF, while the remaining share is held by institutional investors. NIIF manages over US$4.9 billion in assets, making it India's largest infrastructure investment fund. Although it is backed by the government, NIIF takes investment decisions independently. It is managed by experienced investment and infrastructure professionals. NIIF's funds are registered as Alternative Investment Funds (AIFs) with the Securities and Exchange Board of India (SEBI). It raises money from Indian and international institutional investors. Funds Managed by NIIF NIIF Master Fund Invests mainly in infrastructure sectors such as: Roads, Ports, Airports, Power It is the largest infrastructure fund in India. NIIF Private Markets Fund Invests in funds managed by other professional fund managers that focus on infrastructure and related sectors. NIIF Strategic Opportunities Fund Invests in and develops large businesses and new (greenfield) projects  that are important for India's long-term growth.