NHAI InvIT is the Investment trust sponsored by the National Highways Authority of India (NHAI) to support the governments National Monetisation Pipeline (NMP). NHAIs InvIT is a Trust established by NHAI under the Indian Trusts Act, 1882 and SEBI (Security and Exchange Board of India) regulations.
The Union Cabinet chaired by Prime MinisterNarendra Modihad approved the NHAIs Infrastructure Investment Trust (InvIT) in December 2019, and the company had started to meet investor groups the following year.
Infrastructure investment trusts are institutions similar to Mutual Funds, which pool investments from various categories of investors and invest them into completed and revenue-generating infrastructure projects, thereby creating returns for the investor.