The aim of the Fund is to pool commitments from sophisticated long term investors such as Multilateral Institutions, Sovereign Wealth Funds, Pension Funds, Insurance Funds, Endowments and other long term funds based outside India and government supported institutions within and outside India as permitted under the AIF Regulations to subsequently utilize the same in making investments into the infrastructure sector. These investments shall include both, greenfield and brownfield projects. The platform could also consider investments into other commercially viable projects within the broader investment strategy of the Fund. It could also consider other nationally important projects for example, in manufacturing, if commercially viable.
The proposed corpus of NIIF will be Rs.40,000 crore, which may be raised from time to time, as decided by the Ministry of Finance. The Government's share/contribution in the corpus will be 49 percent. For the balance 51% NIIF will solicit equity participation from strategic anchor partners viz., Multilateral/bilateral institutions, Sovereign wealth funds, Pension funds and domestic Public sector enterprises.