HDFC Infrastructure Fund
The scheme aims to invest predominantly in a diversified portfolio of equity and equity related securities of companies which are either engaged in or expected to benefit from the growth and development of infrastructure. The scheme may also invest upto 35% of the fund in non-infrastructure related companies. The scheme shall invest across all market capitalization.
Growthvine rating: 2/5 — ranked #44 of 85 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹44.83 (as of 2026-10-01) |
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| AUM | ₹2,325 Cr |
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| Expense ratio | 1.73% |
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| Riskometer | Very High |
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| Fund manager | Ashish Shah |
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| Exit load | 1% for redemption within 30 days |
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Performance & risk
| 5-year annualised return | 17.05% |
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| Sharpe ratio | 0.52 |
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| Standard deviation | 17.74% |
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| Max drawdown | −63.73% |
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| Alpha | 1.86 |
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| Beta | 0.62 |
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Over 5 years, captured 107.3% of NIFTY Infrastructure's upside and 87.1% of its downside.
Market cap allocation
| Large cap | 50.1% |
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| Mid cap | 10.1% |
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| Small cap | 39.8% |
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Concentration
| Top 5 holdings | 23.3% |
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| Top 10 holdings | 36.6% |
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| Total holdings | 73 |
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Top holdings
- Larsen & Toubro Limited — 7.3%
- InterGlobe Aviation Limited — 4.4%
- KALPATARU PROJECTS INTERNATIONAL LIMITED — 4.3%
- ICICI Bank Ltd. — 3.9%
- NTPC Limited — 3.3%
- Adani Ports and Special Economic Zone Ltd — 3.0%
- J. Kumar Infraprojects Limited — 3.0%
- TD Power Systems Limited — 2.8%
- POWER GRID CORPORATION OF INDIA LIMITED — 2.5%
- G R Infraprojects Limited — 2.2%
Top sectors
- Construction — 26.3%
- Transportation — 15.1%
- Energy — 11.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −5.6% | Q3 | #42 of 76 |
| 2025 | 2.2% | Q2 | #27 of 69 |
| 2024 | 23.0% | Q3 | #34 of 58 |
| 2023 | 55.4% | Q1 (Top) | #1 of 48 |
| 2022 | 19.3% | Q1 (Top) | #4 of 46 |