Our fund

SBI Macquarie Infrastructure Management Private Limited is the manager of the SBI Macquarie Infrastructure Trust (SMIT), which provides institutional and other large-scale investors located in India with access to the growing number of investment opportunities available to the private sector in India’s infrastructure and infrastructure-like assets.

India’s economy has exhibited strong growth in recent years and is forecast to continue doing so. The demographic profile of the Indian population and the growth of India’s middle income and consumer class are already placing considerable pressure on India’s existing infrastructure. According to the Planning Commission of the Government of India, India’s infrastructure investment requirement over the five years 2008-2012 is estimated to be in the region of $US500 billion. A considerable proportion of this investment requirement is expected to come from the private sector.

SMIT invests mainly in assets that provide essential services to the local communities in which they operate, have sustainable competitive advantages, and deliver predictable cash flows over the long term.