HSBC Infrastructure Fund
The scheme endeavours to generate capital appreciation by investing primarily in companies that are engaged in the area of infrastructure in India. The fund would select fundamentally sound companies, having potential to deliver superior earning growth in long run.
Growthvine rating: 4/5 — ranked #17 of 87 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹45.75 (as of 2026-10-23) |
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| AUM | ₹2,379 Cr |
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| Expense ratio | 1.72% |
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| Riskometer | Very High |
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| Fund manager | Gautam Bhupal |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 90 days |
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Performance & risk
| Sharpe ratio | 0.45 |
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| Standard deviation | 21.43% |
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| Max drawdown | −25.67% |
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| Alpha | 1.91 |
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| Beta | 0.71 |
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Over 5 years, captured 106.0% of NIFTY Infrastructure's upside and 81.8% of its downside.
Market cap allocation
| Large cap | 55.4% |
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| Mid cap | 10.0% |
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| Small cap | 34.6% |
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Concentration
| Top 5 holdings | 31.6% |
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| Top 10 holdings | 50.9% |
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| Total holdings | 49 |
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Top holdings
- NTPC Limited — 7.7%
- Larsen & Toubro Limited — 7.0%
- Bharti Airtel Ltd. — 6.5%
- Bharat Electronics Ltd. — 5.8%
- MTAR Technologies Limited — 4.7%
- Reliance Industries Ltd — 4.4%
- InterGlobe Aviation Limited — 4.1%
- UltraTech Cement Ltd — 3.6%
- Kirloskar Oil Engines Limited — 3.6%
- Hindustan Aeronautics Limited — 3.5%
Top sectors
- Electricals — 20.3%
- Industrial Products — 19.1%
- Construction — 13.8%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −0.8% | Q2 | #26 of 76 |
| 2025 | −4.4% | Q4 (Bottom) | #53 of 69 |
| 2024 | 28.1% | Q2 | #25 of 58 |
| 2023 | 50.7% | Q1 (Top) | #5 of 48 |