NIIF: - National Investment and Infrastructure Fund
There are many investment companies and organizations
in trend at this time. But nowadays people are noticing a government investment
company. which is known as NIIF.
It is a national fund management company that was set
up to manage the funds and investment in the economic sector of India.
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NIIF is working for the management of funds and
minimizing the impact on the economy.
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It works in both greenfields and brownfields of
investment management.
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NIIF was established in February 2015 by our
Finance minister Arun Jaitely with the decision of the Department of Economic
Affairs.
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Mater funds, Fund of funds and Strategic
Investment funds are the different investment management structures of NIIF.
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NIIF works on different infrastructure like Rad,
Rail, Power and also with airports.
Note: - ESG(Economic, Social and Governance) This
process is also used by NIIF which is one of the best and the most valuable
process of investment. In this process, different strategy of investment works
with multiple investment plans.
Some Important Investors of NIIF
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ADIA( Abu Dhabi Investment Authority)
If we start to find out about the investors then ADAI
is one of the first and the biggest investor in NIIF. According to the news of
economic times in October 2017, ADIA assigned the investment amount of $1
Billion with NIIF.
This investment comes under the master fund structure
in which India was a stakeholder of 49%.
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ICICI Bank Investment.
It is an India Multinational company which is situated
in Vadodara.
According to the news of 2018 by Times Of India, they
also invested in NIIF, they haven't declared the amount but ICICI is also a
domestic investor in NIIF.
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AXIS Bank
It is known as a formal UTI Bank established in 1993
and headquarters in Mumbai. Axis bank is also a domestic investor in NIIF. They
also contribute some amount to NIIF in 2018.
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AIIB(Asian Infrastructure Investment Bank)
According to the news of Bloomberg Quint, AIIB is the
second-largest investor in NIIF.
They also signed the amount of $200 Million, with the
fund of funds management structure. The Board members passed the amount of $100
Million but after some time they fix this huge amount.
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NDB(National Development Bank)
When the international investors came investing in NIIF
then, the board members of the National Development Bank also decide to invest
some amount in NIIF.
Times of India told that after a board decision
National development bank also invested $100 million in NIIF in February 2021.
Note: - After some successful investors in NIIF. The
CEO and the Department of Economic Affairs of NIIF decide to make some
investments for economic balance.
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In February 2018 NIIF make an investment of $3
Billion with an international company DP World. This company is situated in
UAE. It is a cargo company.
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According to the Business times news, in April
2018 NIIF signed a partnership with the United Kingdom to launch a Green Growth
Equality fund.
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NIIF also invest in renewable energy, clean
transport and waste management.
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