The work analyzed the structure of fixed assets, investment volumes and investment objectives for industrial production of Russia. Because of the analysis, it was concluded that the volumes of attracted investments do not allow updating production capacities in full, and the heads of organizations, among the investment goals, chose to replace production capacities, switch to automated and mechanized processes, and reduce production costs. In the study, it was proposed to create an investment fund in which the accumulation of financial resources will be carried out, and the distribution of funds should be subject to certain criteria for the need for funds and the fulfillment of the set indicators. In conclusion, the study presents the main findings and results of the work.