Correct option is D
The correct answer is (d) Global Investment Fund.
The National Investment and Infrastructure Fund Limited (NIIFL) is an entity set up by the Government of India to catalyze investment in infrastructure and other related sectors. NIIFL manages multiple funds aimed at investing in infrastructure, promoting economic growth, and attracting foreign and domestic investment. The funds managed by NIIFL are:
Master Fund: This fund focuses on investing in core infrastructure sectors such as transportation, energy, and urban infrastructure. The Master Fund aims to create and manage infrastructure assets, partnering with long-term institutional investors.
Fund of Funds: This fund invests in other private equity funds that are aligned with NIIFL’s mandate. It aims to support small and medium-sized enterprises (SMEs) and other sectors that complement infrastructure growth by investing indirectly through other funds.
Strategic Opportunities Fund: This fund provides flexible capital for growth opportunities in various sectors that are aligned with the development of infrastructure and related assets. It focuses on building platforms and making strategic investments that could support or complement the infrastructure sector.
Global Investment Fund: This is not a fund managed by NIIFL. There is no specific fund by this name under NIIFL’s management. The existing funds managed by NIIFL include the Master Fund, Fund of Funds, and Strategic Opportunities Fund, but not a Global Investment Fund.
Information Booster:
● NIIFL was established to attract long-term capital for infrastructure development and is supported by both domestic and international investors.
● The Master Fund focuses directly on large-scale infrastructure projects, while the Fund of Funds supports various sectors indirectly.
● The Strategic Opportunities Fund is more flexible, targeting growth opportunities that align with the broader infrastructure agenda in India.
● The absence of a Global Investment Fund highlights that NIIFL’s focus is more on domestic infrastructure development and strategic opportunities within the Indian economy.