Infradebt is an Infrastructure Debt Fund (IDF) under NBFC format, formulated by the Government of India, with the objective of creating an alternative class of funding infrastructure by bringing in long term domestic/offshore institutional investors like insurance companies, provident/pension funds, etc. The following 4 sectors form the core of Infradebt lending/investment are transportation, energy ,water & sanitation, communication. Infradebt primarily raises funds from the domestic market by issuing Non-Convertible Debentures (NCDs) having a maturity period of more than five years.