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.

·   NIIF is working for the management of funds and minimizing the impact on the economy.

·   It works in both greenfields and brownfields of investment management.

·   NIIF was established in February 2015 by our Finance minister Arun Jaitely with the decision of the Department of Economic Affairs.

·   Mater funds, Fund of funds and Strategic Investment funds are the different investment management structures of NIIF.

·   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

·   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%.

·   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.

·   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.

·   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.

·   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.

·   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.

·   According to the Business times news, in April 2018 NIIF signed a partnership with the United Kingdom to launch a Green Growth Equality fund.

·   NIIF also invest in renewable energy, clean transport and waste management.

Comments

Popular posts from this blog

Must Read: What Is A Master Fund?

How to Make a home grown private equity fund Investment

Importance of Investment Strategy For A Firm