AustralianSuper will deepen its commitment to India’s National Investment and Infrastructure Fund (NIIF) with a further AU$500 million, taking the Fund’s overall holdings in India across all asset classes to AU$3.3 billion.
The new investment announced today follows an original NIIF commitment of AU$240 million in 2019, which has been one of the Fund’s best performing infrastructure assets for AustralianSuper members.
The NIIF was established in 2015 to attract investors from around the world to deploy capital into infrastructure developments in India. Chief Executive Paul Schroder will attend the Australia-India Annual Leaders' Summit today to discuss the announcement.
‘AustralianSuper’s investment in the NIIF has been one of our most successful partnerships and that’s why we’re excited to invest again to help drive returns for members,’ AustralianSuper Chief Investment Officer Shaun Manuell said.
‘Our experience with NIIF demonstrates what can be achieved when long-term capital is combined with visionary policy, trusted institutions and strong partnerships.'
Mr Manuell said policy consistency was a key factor behind the decision.
‘India is an attractive place to invest due to its strong economic growth and expanding middle class, and the Indian government has made it easier for institutions to deploy capital successfully,’ Mr Manuell said.
‘AustralianSuper is making a second investment in the NIIF because those fundamental strengths are still there and we see the potential for more returns for members.'
AustralianSuper currently has about AU$2.8 billion invested in India across infrastructure, equities and private markets.
For media enquiries, please contact:
About AustralianSuper
AustralianSuper manages more than $410 billion in members’ retirement savings on behalf of more than 3.6 million members from more than 485,000 businesses (as at 31 December 2025).
This media release may include general financial advice which doesn’t take into account your personal objectives, financial situation or needs. Before making a decision consider if the information is right for you and read the relevant Product Disclosure Statement,available at australiansuper.com/PDS. A Target Market Determination (TMD) is a document that outlines the target market a product has been designed for. Find the TMDs at australiansuper.com/TMD.
Investment returns aren’t guaranteed. Past performance isn’t a reliable indicator of future returns. AustralianSuper Pty Ltd ABN 94 006 457 987, AFSL 233788, Trustee of AustralianSuper ABN 65 714 394 898.