Kotak Infrastructure and Economic Reform Fund

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

The Kotak Infrastructure and Economic Reform Fund is a 17 yrs 8 m old fund and has delivered average annual returns of 11.06% since inception. Kotak Infrastructure and Economic Reform Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception -11.2% 21.39% 30.13% 15.55% 11.06%

NAV as of Sep 29, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹64.153-0.36% 1 day change	11.06% p.a.	App exclusive #NA View Ranked Funds	₹2,402 Cr

Historical NAV & returns

NAV: ₹64.153 as on Sep 29, 2025

This fund Category average

Kotak Infrastructure and Economic Reform Fund overview

AUM (Fund size)	₹2,402 Cr
Exit load	0.5% 0.5% for redemption within 90 Days!
Lock-in Period	Nil
Age	17 yrs 8 m since Jan 10, 2008
Benchmark	NIFTY Infrastructure TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	2.0% as on Aug 31, 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%

Kotak Infrastructure and Economic Reform 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 Sep 30, 2025

Period	This fund	Category average
1 Month	-0.31%	0.82%
3 Months	-3.8%	-3.05%
6 Months	11.14%	8.6%
1 Year	-11.2%	-8.87%
2 Years	17.94%	20.39%
3 Years	21.39%	24.33%
4 Years	18.81%	19.89%
5 Years	30.13%	30.84%
7 Years	19.77%	19.79%
10 Years	15.55%	15.85%

View returns in detail

Asset allocationas on May 31, 2025

Large Cap 35.86%

Mid Cap 20.88%

Small Cap 42.19%

Other Cap 0%

Top holdings

Bharti Airtel Ltd.7.16%

Solar Industries India Ltd.4.83%

Larsen & Toubro Ltd.4.74%

Shree Cement Ltd.4.31%

Top sectors

Capital Goods 16.77%

Construction 14.879999999999999%

Materials 12.329999999999998%

Automobile 11.17%

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 1.23%

Rights 0.09%

Other Holdings

Others 1.23%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Infrastructure and Economic Reform Fund	-0.31%	11.14%	-11.2%	21.39%	30.13%	15.55%
ICICI Prudential Infrastructure Fund	0.77%	8.15%	-4.71%	28.63%	36.81%	17.25%
Franklin Build India Fund	0.93%	9.0%	-4.66%	28.02%	33.88%	17.51%
HDFC Infrastructure Fund	0.72%	8.89%	-5.71%	28.37%	34.3%	11.99%
DSP India T.I.G.E.R. Fund	-0.06%	8.62%	-11.07%	26.19%	33.19%	16.51%
Invesco India Infrastructure Fund	-1.47%	8.88%	-9.13%	25.1%	29.77%	16.98%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Infrastructure and Economic Reform Fund	18.03	0.56	0.78	0.89
ICICI Prudential Infrastructure Fund	14.85	0.54	1.29	2.31
Franklin Build India Fund	15.79	0.57	1.17	1.96
HDFC Infrastructure Fund	16.22	0.58	1.17	1.86
DSP India T.I.G.E.R. Fund	17.83	0.6	1.0	1.4
Invesco India Infrastructure Fund	19.27	0.65	0.91	1.16

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Infrastructure and Economic Reform Fund	N.A.	2,402 Cr	17 yrs 8 m	2.0%
ICICI Prudential Infrastructure Fund	N.A.	7,645 Cr	20 yrs 2 m	1.85%
Franklin Build India Fund	N.A.	2,857 Cr	16 yrs 2 m	1.99%
HDFC Infrastructure Fund	N.A.	2,483 Cr	17 yrs 8 m	2.05%
DSP India T.I.G.E.R. Fund	N.A.	5,319 Cr	21 yrs 5 m	1.86%
Invesco India Infrastructure Fund	N.A.	1,524 Cr	18 yrs	2.11%

View all Sectoral-infrastructure funds

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

Alpha	3.16 vs. 9.26 Underperformed at beating benchmark
Sharpe	0.78 vs. 8.36 Poor risk-adjusted returns
Beta	0.56 vs. 0.92 Less sensitive to market ups & downs
Standard deviation	18.03 vs. 16.3 More volatile performance

Compare Kotak Infrastructure and Economic Reform Fund in detail with

About this fund

About Kotak Infrastructure and Economic Reform Fund

Kotak Infrastructure and Economic Reform Fund is a Sectoral-Infrastructure mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 17 yrs 8 m, having been launched on 10/01/2008. Kotak Infrastructure and Economic Reform Fund has ₹2,402 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak Infrastructure and Economic Reform Fund as of 29/09/2025 is ₹64.15. The fund has an expense ratio of 2.0%, which is higher than what most other Sectoral-infrastructure funds charge.

Kotak Infrastructure and Economic Reform Fund returns of last 1-year are -11.78%. Since launch, it has delivered 11.13% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Kotak Infrastructure and Economic Reform Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is low.
The fund has the majority of its money invested in Capital Goods, Construction, Materials, Automobile, Communication sectors. It has taken less exposure in Capital Goods, Construction sectors compared to other funds in the category.
The fund's top 5 holdings are in Bharti Airtel Ltd., Solar Industries India Ltd., Larsen & Toubro Ltd., Shree Cement Ltd., Zen Technologies Ltd..

...

Fund AUM	2,402 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Nalin Rasik Bhatt

Mr. Bhatt has done B.Com and CA Prior to joining Kotak Mutual Fund, he has worked with Motilal Oswal Securities Limited, Angel Broking Limited and Sushil Stock Brokers

Investment objective

The Scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities of companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms.

Kotak Mahindra Mutual Fund details

No. of schemes	82 view all schemes
Total AUM	5,26,213 Cr as on Jun 30, 2025
Address	The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai, 400051
Phone	022-61152100 / 1800-22-2626

More funds from Kotak Mahindra Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Kotak Midcap Fund	N.A.	53,464 Cr	-1.18%	26.93%
Kotak Small Cap Fund	N.A.	17,329 Cr	-12.2%	26.05%
Kotak Contra Fund	N.A.	4,493 Cr	-4.85%	23.32%
Kotak Large & Midcap Fund	N.A.	27,046 Cr	-4.15%	21.97%
Kotak ELSS Tax Saver Fund	N.A.	6,266 Cr	-7.2%	20.33%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Kotak Infrastructure and Economic Reform Fund?

The current Net Asset Value (NAV) of the Kotak Infrastructure and Economic Reform Fund plan is approximately ₹64.153 as of Sep 29, 2025.

What are the returns of this mutual fund scheme?

The Kotak Infrastructure and Economic Reform Fund is a 17 yrs 8 m old fund and has delivered average annual returns of 11.06% since inception.

Kotak Infrastructure and Economic Reform Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
-11.2%	21.39%	30.13%	15.55%	11.06%

How much does this mutual fund charge as expense ratio?

The Kotak Infrastructure and Economic Reform Fund has an expense ratio of 2.0%, 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 Kotak Infrastructure and Economic Reform Fund currently has assets under management (AUM) or fund size valued at approximately 2,402 Cr as on May 31, 2025.

What are the top stock holdings of Kotak Infrastructure and Economic Reform Fund?

The Kotak Infrastructure and Economic Reform Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Bharti Airtel Ltd.	7.16%
Solar Industries India Ltd.	4.83%
Larsen & Toubro Ltd.	4.74%
Shree Cement Ltd.	4.31%
Zen Technologies Ltd.	3.07%
Kalpataru Projects International Ltd.	3.03%
Interglobe Aviation Ltd.	3.0%
Ultratech Cement Ltd.	2.8%
Reliance Industries Ltd.	2.66%
Kajaria Ceramics Ltd.	2.6%

What are the top sectors Kotak Infrastructure and Economic Reform Fund has invested in?

The Kotak Infrastructure and Economic Reform Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Capital Goods	16.77%
Construction	14.879999999999999%
Materials	12.329999999999998%
Automobile	11.17%
Communication	10.67%
Energy	8.57%
Services	7.27%
Metals & Mining	4.98%
Chemicals	4.83%
Others	3.9299999999999997%

What is risk level of Kotak Infrastructure and Economic Reform 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 Kotak Infrastructure and Economic Reform Fund?

Redeeming your investments in the Kotak Infrastructure and Economic Reform 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 Outperformance: This fund has generated highest return amongst Sectoral-Infrastructure funds in the last 10 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: 0.5% for redemption within 90 Days