Comments
Srei Infrastructure has received the Certificate of Registration for floating Srei Mutual Fund (Infrastructure Development Fund) from the Securities and Exchange Board of India.
Hemant Kanoria, Chairman and Managing Director, 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.”
Srei is an infrastructure institution and sponsor to the mutual fund.
CEO of Srei Mutual Fund Asset Management Pvt Ltd Mohit Sachdev 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.”
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.