IRB InvIT Fund is an India-based company, which is focused on investing in infrastructure assets primarily being in the road sector in India. IRB InvIT Fund's investment objectives are to increase its margins and achieve long-term growth of the Trust. The Fund's portfolio comprise six road projects, such as IDAA Infrastructure Private Limited (IDAA), IRB Talegaon Amravati Tollway Private Limited (IRBTA), IRB Jaipur Deoli Tollway Private Limited (IRBJD), IRB Surat Dahisar Tollway Private Limited (IRBSD), IRB Tumkur Chitradurga Tollway Private Limited (IRBTC) and M.V.R Infrastructure and Tollways Private Limited (MVR), which are also the subsidiaries of the Fund. The principal activity of the subsidiaries is construction and operation of road, including toll collection. All of the Fund's road projects are implemented and held through special purpose vehicles (Project SPVs together as Project SPV Group). The Fund's investment manager is IRB Infrastructure Private Limited.