Explanation:

Statement 1: It is focused on long-term equity investments in a diversified portfolio of infrastructure projects.

Statement 2: IIF has been sponsored by IDFC Limited (IDFC), along with Citigroup Inc. (Citi) and India Infrastructure Finance Company Limited (IIFCL) as founder investors. The establishment of IIF has received the strong support of the Government of India.

Statement 3: IIF’s portfolio is expected to comprise greenfield, brownfield and operational assets/projects in core infrastructure sub-sectors including transport etc. The current size of IIF is INR 38 billion with investor commitments from institutional investors in India, USA, Canada, Europe, Japan and the Middle-East. China-led Asian Infrastructure Investment Bank (AIIB) has approved $150 million equity investment loan to the India Infrastructure Fund. This loan will be the bank’s first equity investment to fund private projects.