NATIONAL INVESTMENT AND INFRASTRUCRURE FUND (NIIF)

Key features and details of the National Investment and Infrastructure Fund (NIIF) include:

1. The NIIF is structured as a fund of funds (FoF), which means it invests in various sector-specific or project-specific funds rather than making direct investments. These sector-specific funds can focus on areas like transportation, energy, urban infrastructure, and more.

2. The NIIF comprises contributions from the Indian government, international investors, and other financial institutions. The government's contribution is typically channeled through the India Investment Grid (IIG) and other related entities.

3. The NIIF is professionally managed by a team of experienced professionals and experts in the field of finance and infrastructure. It operates with a mandate to make commercially viable investments in infrastructure projects.

4. The fund's primary focus is on infrastructure projects that are considered economically viable. These projects can include transportation, energy, urban infrastructure, and other sectors critical to India's development.

5. NIIF's objective is to act as a catalyst for both domestic and foreign investment in Indian infrastructure. It aims to provide a platform for long-term investors to participate in India's infrastructure growth story.

6. NIIF plays a key role in promoting public-private partnerships in infrastructure development. By leveraging private sector investments and expertise, it helps address India's infrastructure financing gap.

7. NIIF may adopt various investment approaches, including equity, debt, or hybrid instruments, depending on the specific project and investment needs.

8. NIIF is often categorized as a sovereign wealth fund (SWF) because of its government sponsorship. However, it primarily focuses on domestic infrastructure investments rather than accumulating foreign assets.

9. NIIF comprises various funds, including the NIIF Master Fund and sector-specific funds. Contributions from the Indian government, multilateral institutions, sovereign wealth funds, and other investors fund these sub-funds.

• NIIF is primarily established to provide long-term, patient, and flexible capital to infrastructure projects in India.
• It aims to bridge the financing gap for infrastructure development by attracting investments from various sources, including domestic and foreign investors
• One of the primary goals of NIIF is to act as a catalyst for investment in the infrastructure sector.
• By facilitating investments, it helps accelerate the development of infrastructure projects critical to India's economic growth.
• NIIF is involved in various stages of infrastructure project development, including project identification, planning, financing, and implementation. It plays a role in the entire project lifecycle
• NIIF seeks to make commercially viable investments. While it has a development mandate, it aims to generate returns on investments, making it an attractive proposition for investors.