HDFC Infrastructure Fund

Q: What are the returns of this mutual fund scheme?

The HDFC Infrastructure Fund is a 17 yrs 9 m old fund and has delivered average annual returns of 9.91% since inception. HDFC Infrastructure Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 4.74% 28.7% 34.78% 11.66% 9.91%

Q: How much does this mutual fund charge as expense ratio?

The HDFC Infrastructure Fund has an expense ratio of 2.04% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹48.368+0.36% 1 day change	9.91% p.a.	App exclusive #NA View Ranked Funds	₹2,522 Cr

Historical NAV & returns

NAV: ₹48.368 as on Oct 20, 2025

This fund Category average

HDFC Infrastructure Fund overview

AUM (Fund size)	₹2,522 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 30 days.!
Lock-in Period	Nil
Age	17 yrs 9 m since Jan 08, 2008
Benchmark	BSE India Infrastructure TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	2.04% as on Sep 30, 2025
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

HDFC Infrastructure Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	1.74%	1.49%
3 Months	1.67%	1.99%
6 Months	9.6%	10.1%
1 Year	4.74%	2.21%
2 Years	24.38%	24.43%
3 Years	28.7%	24.76%
4 Years	23.3%	20.42%
5 Years	34.78%	31.02%
7 Years	18.95%	21.35%
10 Years	11.66%	15.78%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 51.65%

Mid Cap 3.54%

Small Cap 33.86%

Other Cap 0%

Top holdings

ICICI Bank Ltd.5.88%

Larsen & Toubro Ltd.5.51%

HDFC Bank Ltd.5.28%

Kalpataru Projects International Ltd.3.77%

Top sectors

Financial 18.51%

Construction 15.87%

Capital Goods 11.850000000000001%

Energy 11.37%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 8.56%

Real Estate Investment Trusts 2.48%

Other Holdings

Others 8.56%

Nexus Select Trust 1.31%

Embassy Office Parks REIT 1.17%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Infrastructure Fund	1.74%	9.6%	4.74%	28.7%	34.78%	11.66%
ICICI Prudential Infrastructure Fund	2.45%	11.33%	7.36%	28.3%	37.42%	17.18%
DSP India T.I.G.E.R. Fund	0.73%	10.08%	-0.32%	26.28%	32.79%	16.52%
Franklin Build India Fund	1.87%	10.0%	5.32%	27.38%	32.99%	17.49%
LIC MF Infrastructure Fund	1.1%	14.99%	4.77%	28.75%	31.34%	15.87%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Infrastructure Fund	16.04	0.58	1.26	1.88
ICICI Prudential Infrastructure Fund	14.72	0.55	1.38	2.14
DSP India T.I.G.E.R. Fund	17.73	0.61	1.06	1.44
Franklin Build India Fund	15.63	0.57	1.26	1.99
LIC MF Infrastructure Fund	20.09	0.66	1.01	1.35

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HDFC Infrastructure Fund	N.A.	2,522 Cr	17 yrs 9 m	2.04%
ICICI Prudential Infrastructure Fund	N.A.	7,863 Cr	20 yrs 3 m	1.85%
DSP India T.I.G.E.R. Fund	N.A.	5,390 Cr	21 yrs 5 m	1.86%
Franklin Build India Fund	N.A.	2,947 Cr	16 yrs 3 m	2.0%
LIC MF Infrastructure Fund	N.A.	1,025 Cr	17 yrs 8 m	2.2%

View all Sectoral-infrastructure funds

Key risk & return ratios Compared to other funds in the category

Alpha	6.69 vs. 9.26 Underperformed at beating benchmark
Sharpe	1.26 vs. 8.39 Poor risk-adjusted returns
Beta	0.58 vs. 0.95 Less sensitive to market ups & downs
Standard deviation	16.04 vs. 16.19 More stable returns

Compare HDFC Infrastructure Fund in detail with

About this fund

About HDFC Infrastructure Fund

HDFC Infrastructure Fund is a Sectoral-Infrastructure mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 17 yrs 9 m, having been launched on 08/01/2008. HDFC Infrastructure Fund has ₹2,522 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Infrastructure Fund as of 20/10/2025 is ₹48.37. The fund has an expense ratio of 2.04%, which is higher than what most other Sectoral-infrastructure funds charge.

HDFC Infrastructure Fund returns of last 1-year are -0.62%. Since launch, it has delivered 9.36% average annual returns. The fund has doubled the money invested in it every 3 yrs.
HDFC Infrastructure Fund scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is above average.
The fund has the majority of its money invested in Financial, Construction, Capital Goods, Energy, Services sectors. It has taken less exposure in Financial, Construction sectors compared to other funds in the category.
The fund's top 5 holdings are in ICICI Bank Ltd., Larsen & Toubro Ltd., HDFC Bank Ltd., Kalpataru Projects International Ltd., J Kumar Infraprojects Ltd..

...

Fund AUM	2,522 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Amar Kalkundrikar

Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School. Prior to joining Nippon India Mutual Fund, he has worked with HDFC Asset Management Company Limited where he has handled multiple roles in Investment – Equity function such as Portfolio Management for PMS business, & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.

Srinivasan Ramamurthy

Mr. Ramamurthy is an engineer by qualification from Jadavpur University and has done his MBA from IIM - Calcutta. Prior to joining HDFC Asset Management Company Limited, he has worked with Mahindra Mutual Fund, IDBI Federal Life Insurance, IIFL Capital Limited, Maybank Kim Eng, Credit Suisse and KPMG Advisory.

Investment objective

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.

HDFC Mutual Fund details

No. of schemes	78 view all schemes
Total AUM	8,93,028 Cr as on Sep 30, 2025
Address	"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate Mumbai, 400020
Email	shareholders.relations@hdfcfund.com
Phone	022 ? 66316333

More funds from HDFC Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
HDFC Small Cap Fund	N.A.	36,828 Cr	6.78%	30.13%
HDFC Mid Cap Fund	N.A.	84,855 Cr	9.09%	29.92%
HDFC Focused Fund	N.A.	23,533 Cr	10.83%	29.28%
HDFC Flexi Cap Fund	N.A.	85,560 Cr	10.8%	29.18%
HDFC Large and Mid Cap Fund	N.A.	26,949 Cr	6.65%	26.59%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of HDFC Infrastructure Fund?

The current Net Asset Value (NAV) of the HDFC Infrastructure Fund plan is approximately ₹48.368 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The HDFC Infrastructure Fund is a 17 yrs 9 m old fund and has delivered average annual returns of 9.91% since inception.

HDFC Infrastructure Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
4.74%	28.7%	34.78%	11.66%	9.91%

How much does this mutual fund charge as expense ratio?

The HDFC Infrastructure Fund has an expense ratio of 2.04%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The HDFC Infrastructure Fund currently has assets under management (AUM) or fund size valued at approximately 2,522 Cr as on Sep 30, 2025.

What are the top stock holdings of HDFC Infrastructure Fund?

The HDFC Infrastructure Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
ICICI Bank Ltd.	5.88%
Larsen & Toubro Ltd.	5.51%
HDFC Bank Ltd.	5.28%
Kalpataru Projects International Ltd.	3.77%
J Kumar Infraprojects Ltd.	3.54%
Interglobe Aviation Ltd.	3.33%
NTPC Ltd.	2.97%
Reliance Industries Ltd.	2.7%
Bharti Airtel Ltd.	2.61%
State Bank of India	2.44%

What are the top sectors HDFC Infrastructure Fund has invested in?

The HDFC Infrastructure Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	18.51%
Construction	15.87%
Capital Goods	11.850000000000001%
Energy	11.37%
Services	10.06%
Materials	6.87%
Metals & Mining	3.79%
Communication	3.63%
Automobile	2.6799999999999997%
Chemicals	2.22%

What is risk level of HDFC Infrastructure Fund?

This is a Sectoral-infrastructure fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in HDFC Infrastructure Fund?

Redeeming your investments in the HDFC Infrastructure Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Sectoral-Infrastructure

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst Sectoral-Infrastructure funds in the last 5 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1%, if redeemed within 30 days.