KIIFB is the nodal agency for infrastructure development for the Government of Kerala. It is fully owned by GoKe and the GoKe further extends its support in the form of board representation with the Chief Minister as the chairperson, the Finance Minister, the chief secretary, key bureaucrats, and independent members. Further, all the borrowings made by KIIFB are guaranteed by GoKe as per the KIIF Act. GoKe has to make the necessary budgetary allocations to ensure KIIFB's revenue stream as per Section 7 of KIIF Act. As per Section 7, GOKe shall make budgetary allocations equivalent to the share of MVT and the entire quantum of fuel cess collected in the state in the previous year. These revenues come to KIIFB on a daily basis and fully by the month of December in every financial year, so that there are no liquidity crunches at the end of the financial year affecting the cashflows. The GoKe may also  make any additional grants or loans to KIIFB so that KIIFB defrays its debt liabilities as per the KIIF Act

The Fund Trustee and Advisory Commission (FTAC) monitors the financial stability and fund utilisation by KIIFB closely. It acts as the trustee to ensure that all investments of the fund serve the purpose and intent of the KIIF Act. The commission consists of eminent members like Shri. Vinod Rai, Chairman , Shri. R.A. Sankara Narayanan and Smt. Uma Shankar. FTAC issues a “ Fidelity Certificate ” every six months certifying that the application of funds and the investment of surplus funds are in conformity with the Act and KIIFB has adequate resources to meet debt obligations arising in the next 6 months

The structure will be closely monitored by the DT and DSRA and FD mechanisms are also in place. The current structure provides for two quarters of interest and repayment obligations through the DSRA and FD mechanisms upfront. The escrow mechanism is in place for the bond servicing account, where daily credit equivalent to 2% of the upcoming quarterly servicing requirement will happen, from the daily credit of petroleum cess and MVT share from GoKe, and the entire amount will be credited in 50 working days. For the last quarter of the financial year, the entire servicing requirement will be transferred upfront at the beginning of the quarter. Further, there is the corpus fund amounting to Rs. 2498.42 Cr. which will only be used for the replenishment of DSRA or redemption of the issue during any windfall event. The corpus fund has to be maintained till the end of the issue period