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Australia’s largest pension ‌fund, AustralianSuper, said on Thursday (July 9, 2026) ​it would ⁠invest a further 500 million Australian Dollars ($346 million) in National Investment ‌and Infrastructure Fund (NIIF).

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The fund said the investment ‌would come on ‌top ⁠of the 240 million Australian Dollars it committed seven years ago.

AustralianSuper will now hold 3.3 ​billion Australian Dollars worth ‌of investments in India.

Prime Minister Narendra Modi is in Melbourne ‌and will be meeting with ​Australian CEOs at a business forum on Thursday (July 9, 2026). ⁠The NIIF was created in 2015 to ‌attract global investment into the country’s infrastructure development.

AustralianSuper said its original NIIF investment had been one of the fund’s ‌best performing infrastructure investments.

The ​fund’s existing Indian holdings range across infrastructure, equities ⁠and private market investments.

⁠AustralianSuper has 410 billion Australian Dollars worth of funds ‌under management.