The company is launching an infrastructure debt fund using the mutual fund route.
SREI Infrastructure has received the certification of registration from SEBI for launching SREI Mutual Fund (Infrastructure Debt Fund). Under the current guidelines, they can only launch infrastructure debt funds.
Hemant Kanoria, Chairman and MD, SREI Infrastructure Finance Ltd, said, “The Infrastructure Debt Fund (IDF) via the mutual fund route opens up long-term funding options for the infrastructure sector, which is the need of hour.”
Mohit Sachdev, CEO of SREI Mutual Fund Asset Management said, “The infrastructure sector in India offers a good long-term opportunity for debt investors. Institutions such as pension funds, insurance companies and provident funds, which have long-term liabilities, require investment opportunities with matching cash flows. IDF via the mutual fund route would make a good investment vehicle for these institutions.”
