Which one of the following is not a fund managed by NIIFL (National Investment and Infrastructure Fund Limited)?

The correct answer is  Global Investment Fund.

Key PointsFunds Managed by NIIFL

• National Investment and Infrastructure Fund Limited (NIIFL) is a government-backed entity established to provide long-term capital to the country’s infrastructure sector.
• NIIFL manages three main funds, each with distinct investment objectives and strategies:
• Master Fund: This fund focuses on core infrastructure investments, primarily in sectors such as transportation, energy, and urban infrastructure.
• Fund of Funds: This fund invests in funds managed by renowned fund managers who have a track record of delivering returns in infrastructure and associated sectors.
• Strategic Opportunities Fund: This fund invests in growth and development-oriented opportunities across various sectors, including greenfield and brownfield projects.
• There is no fund named Global Investment Fund managed by NIIFL. This option does not exist under the current structure of funds managed by NIIFL.

Additional Information

• National Investment and Infrastructure Fund (NIIF):
  • NIIF was created by the Government of India in 2015 to catalyze capital from both domestic and international investors into infrastructure projects.
  • It is structured as a Category II Alternative Investment Fund (AIF) under the Securities and Exchange Board of India (SEBI) Regulations.
• Objectives of NIIF:
  • To provide long-term financing to infrastructure projects in India.
  • To attract international and domestic institutional investors to invest in the infrastructure sector.
• Investors in NIIF:
  • NIIF has attracted investments from several large institutional investors, including sovereign wealth funds, pension funds, and other global financial institutions.
  • The Government of India has also committed significant capital to NIIF to ensure its success.
• Importance of Infrastructure Investment:
  • Infrastructure development is crucial for economic growth, job creation, and improving the quality of life for citizens.
  • Investments in infrastructure can help bridge the gap in sectors such as transportation, energy, water supply, and urban development.