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    <title>Finance Minister Launches Maiden infrastructure Debt fund (IDF) Scheme of IIFCL Mutual Fund for Catalysing Investment in Infrastructure Sector; FM for Mobilsation of Resources From Insurance and Pension Sector for IDFs</title>
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    <description>The IDF scheme launched by IIFCL Mutual Fund seeks to mobilise long term institutional capital from insurance and pension sectors to invest in debt securities and securitised debt instruments of infrastructure projects, SPVs, bank loans and infrastructure companies, with objectives of capital appreciation, bond market development and addressing banks&#039; Asset Liability Mismatch. The fund is managed by an AMC promoted by IIFCL with strategic participation from public sector banks, financial institutions and HUDCO, and operates under regulatory frameworks for the Mutual Fund and NBFC routes.</description>
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