Nigeria Infrastructure Debt Fund (NIDF)

The Nigeria Infrastructure Debt Fund (NIDF), managed by Chapel Hill Denham Management Limited, stands out as the clear leader in its category, holding the #1 of 2 position among Infrastructure Funds and ranking #15 of 222 across all Nigerian mutual funds by Net Asset Value (NAV). The fund's NAV currently sits at ₦134.20B, supported by a base of 7,715 unitholders. Its Year-to-Date (YTD) yield of 27.51% is significantly ahead of the median YTD yield for Infrastructure Funds peers, which stands at 18.29%, meaning NIDF has returned roughly 9 percentage points more than the midpoint of its category so far this year.

Looking at the fund's recent NAV history, the picture shows a modest recovery after a brief dip. NAV moved from ₦134.42B on 2026-06-05, fell to ₦132.42B between 2026-06-11 and 2026-06-19, and then recovered to ₦134.20B by 2026-06-26, a level that has held steady through 2026-07-03. The Week-to-Date (WTD) yield figures are not available for any of these periods, so short-term weekly return comparisons cannot be made at this time. The fund's infrastructure debt focus means it primarily lends to large-scale infrastructure projects, such as roads, power, or utilities, which tend to generate steady, long-term income streams rather than the rapid price swings seen in equity (stock-based) funds.