61.23000 INR
0.22
0.36%
Last update Dec 15, 3:29 PM IST
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Day range
60.89000
61.40000
Previous close
61.0099983
Open
61.0099983
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IRB InvIT Fund
61.23
0.22
0.36%

Overview

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Description

IRB InvIT Fund is a unique financial asset in the form of an Infrastructure Investment Trust, or InvIT, established in India. Its primary purpose is to enable direct investment into infrastructure projects, particularly in the toll road sector, providing pertinent investment avenues for individual and institutional investors. The fund focuses on generating stable income through its diversified portfolio of toll road assets, which play a crucial role in supporting India's infrastructure growth. IRB InvIT Fund stands out due to its structured pay-out distribution, mandated by regulatory frameworks, aiming to deliver consistent returns to its stakeholders. Additionally, it offers investors the opportunity to gain exposure to the burgeoning infrastructure sector without the necessity of direct project involvement. It plays a pivotal role in the financial market by offering liquidity and transparency in infrastructure investments, traditionally considered illiquid and obscure. Through this platform, investors contribute to India's infrastructure development while balancing risk and return in their investment portfolios. The fund also enhances capital flow into infrastructure, which is vital for sustaining economic growth and development.

About

CEO
Mr. Vinodkumar Menon
Employees
0
Address
IRB Complex Chandivli Farm
Chandivli Village, Andheri (East),
Mumbai, 400 072
Phone
91 22 6640 4299
Website
Instrument type
Unit
Sector
Industrials
Industry
Infrastructure Operations
Country
India
MIC code
XBOM
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