Bandhan Infrastructure Fund
Sectoral-InfrastructureVery HighOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹47.84-0.15%1 day
- Return since launch
- 10.5%
- 52-week range
- ₹41.44 — ₹51.14
- AUM
- ₹1,393 Cr
Bandhan Infrastructure Fund is a Sectoral-Infrastructure equity fund from Bandhan Mutual Fund with ₹1,393 Cr under management, launched in 2011. Over three years it has returned 1.3% a year, against 15.1% for its category. The expense ratio is 2.27% and the SEBI riskometer reading is Very High.
Performance
Bandhan Infrastructure Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -2.7% against -0.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 0.5% | −2.3 pts | 2.8% | 2.7% |
| 2Y | -0.6% | −5.4 pts | 4.9% | 2.2% |
| 3Y | 1.3% | −13.8 pts | 15.1% | 2.8% |
| 5Y | 12.4% | −2.9 pts | 15.4% | 11.7% |
| 7Y | 18.2% | −1.0 pts | 19.3% | 16.4% |
| 10Y | 15.7% | +0.4 pts | 15.2% | 14.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.9% | 0.0 pts | 0.9% | 4.2% |
| 3M | -4.5% | −0.8 pts | -3.7% | -2.8% |
| 6M | -3.7% | −0.8 pts | -2.9% | -0.9% |
| 1Y | -2.7% | −5.5 pts | 2.8% | -0.7% |
| 2Y | -5.0% | −5.4 pts | 0.4% | -1.0% |
| 3Y | 14.0% | −1.2 pts | 15.1% | 12.0% |
| 5Y | 13.1% | −2.3 pts | 15.4% | 13.1% |
| 7Y | 19.1% | −0.5 pts | 19.6% | 16.9% |
| 10Y | 14.4% | −0.9 pts | 15.2% | 12.9% |
Since launch (14 Feb 2011): 10.5%
Calendar-year returns
Category average6.3%
64.8%
1.7%
50.3%
38.9%
-6.9%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -6.9% | −7.5 pts | 0.6% |
| 2024 | 38.9% | +10.0 pts | 29.0% |
| 2023 | 50.3% | +3.1 pts | 47.2% |
| 2022 | 1.7% | −9.0 pts | 10.6% |
| 2021 | 64.8% | +11.7 pts | 53.1% |
| 2020 | 6.3% | −3.7 pts | 9.9% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.26%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.83%
- Brokerage
- 0.04%
- Transaction charges
- 0.00%
- Statutory levies
- 0.39%
- Exit load
- Exit load of 0.5%, if redeemed within 30 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE India Infrastructure TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -0.02 | 5.13 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.83 | 0.68 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.40 | 0.63 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.64 | 0.98 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 23.17 | 20.18 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Bandhan Infrastructure Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity98.6%
- Debt0.0%
- Other1.4%
Market cap split
- Large49.5%
- Mid8.8%
- Small41.7%
- P/E
- 24.24
- P/B
- 2.78
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Larsen & Toubro Ltd. | Construction | 5.88% | ₹81.97 Cr | +5.83% | +6.19% | +4.67% |
| Kirloskar Brothers Ltd. | Capital Goods | 4.86% | ₹67.73 Cr | +5.11% | +4.30% | +5.18% |
| Reliance Industries Ltd. | Energy | 4.60% | ₹64.06 Cr | +4.52% | +5.40% | +3.82% |
| GPT Infraprojects Ltd. | Construction | 4.02% | ₹56.01 Cr | +4.08% | +3.58% | +3.30% |
| Adani Ports and Special Economic Zone Ltd. | Services | 3.96% | ₹55.15 Cr | +3.70% | +3.05% | +2.67% |
| Interglobe Aviation Ltd. | Services | 3.84% | ₹53.51 Cr | +3.93% | +3.87% | +2.91% |
| Ultratech Cement Ltd. | Materials | 3.82% | ₹53.15 Cr | +3.45% | +4.10% | +3.77% |
| Bharti Airtel Ltd. | Communication | 3.79% | ₹52.86 Cr | +4.06% | +4.79% | +4.10% |
| Bharat Electronics Ltd. | Capital Goods | 3.64% | ₹50.78 Cr | +3.58% | +4.27% | +3.58% |
| Azad Engineering Ltd. | Capital Goods | 3.50% | ₹48.77 Cr | +2.26% | +2.04% | +1.76% |
| NTPC Ltd. | Energy | 3.41% | ₹47.46 Cr | +2.66% | +2.62% | +1.95% |
| Adani Energy Solutions Ltd. | Energy | 2.94% | ₹40.97 Cr | +3.04% | +2.30% | +1.74% |
| Centum Electronics Ltd. | Capital Goods | 2.94% | ₹40.94 Cr | +2.16% | +1.93% | +1.51% |
| PTC India Financial Services Ltd. | Financial | 2.59% | ₹36.06 Cr | +2.51% | +2.33% | +2.69% |
| PTC Industries Ltd. | Metals & Mining | 2.01% | ₹28.00 Cr | +1.61% | +1.71% | +1.98% |
| NHPC Ltd. | Energy | 1.85% | ₹25.82 Cr | +1.87% | +1.75% | +1.64% |
| Fortis Healthcare Ltd. | Healthcare | 1.83% | ₹25.49 Cr | +2.06% | +2.10% | +1.65% |
| Ahluwalia Contracts (India) Ltd. | Construction | 1.70% | ₹23.75 Cr | +2.43% | +2.26% | +2.85% |
| Hitachi Energy India Ltd. | Capital Goods | 1.57% | ₹21.89 Cr | +1.67% | +1.57% | +1.38% |
| ACME Solar Holdings Ltd. | Energy | 1.56% | ₹21.70 Cr | +1.22% | +1.14% | +0.85% |
| Tata Power Company Ltd. | Energy | 1.45% | ₹20.14 Cr | +0.95% | +1.09% | — |
| GAIL (India) Ltd. | Energy | 1.41% | ₹19.70 Cr | +1.20% | +1.31% | +1.08% |
| Torrent Power Ltd. | Energy | 1.27% | ₹17.72 Cr | +1.32% | +1.53% | +1.50% |
| KEC International Ltd. | Capital Goods | 1.26% | ₹17.57 Cr | +1.60% | +1.92% | +2.66% |
| Adani Enterprises Ltd. | Services | 1.21% | ₹16.92 Cr | — | — | — |
| 3M India Ltd. | Consumer Staples | 1.19% | ₹16.51 Cr | +1.26% | +1.40% | +1.10% |
| Adani Power Ltd. | Energy | 1.10% | ₹15.37 Cr | — | — | — |
| Carborundum Universal Ltd. | Metals & Mining | 1.07% | ₹14.85 Cr | +1.03% | +0.65% | +0.69% |
| Vedanta Power Ltd | Capital Goods | 1.07% | ₹14.98 Cr | +0.63% | — | — |
| ISGEC Heavy Engineering Ltd. | Capital Goods | 1.06% | ₹14.72 Cr | +0.98% | +1.11% | +0.94% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 1.05% | ₹14.62 Cr | +1.10% | +1.21% | +1.18% |
| GMR Airports Ltd. | Construction | 1.02% | ₹14.20 Cr | +1.10% | +1.02% | +0.72% |
| Tega Industries Ltd. | Metals & Mining | 1.01% | ₹14.14 Cr | +1.28% | +1.59% | +1.45% |
| Mahanagar Gas Ltd. | Energy | 0.98% | ₹13.69 Cr | +1.01% | +0.89% | +0.93% |
| Amara Raja Energy & Mobility Ltd | Capital Goods | 0.84% | ₹11.65 Cr | +0.86% | +0.73% | +0.96% |
| H.G. Infra Engineering Ltd. | Construction | 0.84% | ₹11.72 Cr | +1.02% | +0.96% | +1.72% |
| JSW Energy Ltd. | Capital Goods | 0.84% | ₹11.69 Cr | +0.89% | +1.19% | +1.22% |
| Power Mech Projects Ltd. | Construction | 0.84% | ₹11.67 Cr | +0.98% | +0.93% | +1.16% |
| Solar Industries India Ltd. | Chemicals | 0.84% | ₹11.76 Cr | +0.82% | +0.65% | +0.50% |
| Transport Corporation Of India Ltd. | Services | 0.80% | ₹11.15 Cr | +0.78% | +0.97% | +1.06% |
| Vedanta Ltd. | Metals & Mining | 0.79% | ₹11.00 Cr | +0.42% | +1.19% | +0.83% |
| Indus Infra Trust | Construction | 0.78% | ₹10.92 Cr | +0.69% | — | — |
| NCC Ltd. | Construction | 0.76% | ₹10.54 Cr | +0.80% | +0.86% | +1.04% |
| JSW Steel Ltd. | Metals & Mining | 0.72% | ₹10.04 Cr | +0.52% | +0.58% | — |
| Pace Digitek Ltd. | Communication | 0.72% | ₹10.00 Cr | +0.90% | +1.12% | — |
| Ambuja Cements Ltd. | Materials | 0.63% | ₹8.75 Cr | +0.65% | +0.76% | — |
| Neogen Chemicals Ltd. | Chemicals | 0.63% | ₹8.72 Cr | +0.61% | +0.39% | +0.13% |
| BlackBuck Ltd. | Services | 0.62% | ₹8.68 Cr | +0.52% | +0.69% | — |
| Others | Others | 0.60% | ₹8.38 Cr | +1.30% | +3.90% | +0.20% |
| Gateway Distriparks Ltd. | Services | 0.59% | ₹8.16 Cr | +0.61% | +0.65% | +0.65% |
| Kilburn Engineering Ltd. | Capital Goods | 0.59% | ₹8.21 Cr | +0.59% | +0.71% | — |
| Sona BLW Precision Forgings Ltd. | Automobile | 0.59% | ₹8.22 Cr | +0.48% | — | — |
| Sundaram - Clayton Dcd Ltd. | Financial | 0.58% | ₹8.08 Cr | +0.58% | +0.62% | +0.71% |
| PNC Infratech Ltd. | Construction | 0.56% | ₹7.75 Cr | +1.23% | +1.15% | +1.80% |
| Power Grid Corporation Of India Ltd. | Energy | 0.56% | ₹7.73 Cr | — | — | — |
| GPT Healthcare Ltd. | Healthcare | 0.55% | ₹7.67 Cr | +0.52% | +0.53% | +0.68% |
| IRB Infrastructure Developers Ltd. | Construction | 0.55% | ₹7.66 Cr | +0.63% | +0.78% | — |
| Hindustan Zinc Ltd. | Metals & Mining | 0.53% | ₹7.36 Cr | +0.73% | +0.92% | +0.81% |
| HEG Advanced Materials Ltd. | Capital Goods | 0.48% | ₹6.63 Cr | +0.24% | — | — |
| Cummins India Ltd. | Capital Goods | 0.46% | ₹6.44 Cr | +0.89% | +0.87% | +0.61% |
| Orient Cables (India) Ltd. | Capital Goods | 0.36% | ₹5.00 Cr | — | — | — |
| ideaForge Technology Ltd. | Capital Goods | 0.33% | ₹4.60 Cr | — | — | — |
| Siemens Ltd. | Capital Goods | 0.31% | ₹4.37 Cr | +0.29% | +0.86% | +0.57% |
| Indo Tech Transformers Ltd. | Capital Goods | 0.30% | ₹4.22 Cr | +0.03% | — | — |
| HEG Graphite Ltd. | Capital Goods | 0.27% | ₹3.70 Cr | — | — | — |
| Automotive Axles Ltd. | Automobile | 0.26% | ₹3.60 Cr | +0.22% | +0.21% | — |
| KNR Constructions Ltd. | Construction | 0.26% | ₹3.58 Cr | +0.27% | +0.28% | +0.39% |
| Aarti Industries Ltd. | Chemicals | 0.11% | ₹1.50 Cr | — | — | — |
| GSPL Transmission Ltd. | Energy | 0.05% | ₹0.67 Cr | — | — | — |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | Chemicals | 0.01% | ₹0.13 Cr | +0.70% | +0.32% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Centum Electronics Ltd. | 2.07% | 2.94% | +0.87% |
| Adani Enterprises Ltd. | 1.80% | 1.21% | -0.59% |
| Adani Ports and Special Economic Zone Ltd. | 3.41% | 3.96% | +0.55% |
| PNC Infratech Ltd. | 1.07% | 0.56% | -0.51% |
| Vedanta Power Ltd | 0.59% | 1.07% | +0.48% |
| Siemens Energy India Ltd. | 0.39% | 0.00% | -0.39% |
| Power Grid Corporation Of India Ltd. | 0.20% | 0.56% | +0.36% |
| Orient Cables (India) Ltd. | 0.00% | 0.36% | +0.36% |
| GPT Infraprojects Ltd. | 3.66% | 4.02% | +0.36% |
| Adani Power Ltd. | 0.81% | 1.10% | +0.29% |
| Larsen & Toubro Ltd. | 6.15% | 5.88% | -0.27% |
| HEG Graphite Ltd. | 0.00% | 0.27% | +0.27% |
| Tega Industries Ltd. | 1.28% | 1.01% | -0.27% |
| Fortis Healthcare Ltd. | 2.09% | 1.83% | -0.26% |
| PTC India Financial Services Ltd. | 2.34% | 2.59% | +0.25% |
| PTC Industries Ltd. | 2.24% | 2.01% | -0.23% |
| Reliance Industries Ltd. | 4.81% | 4.60% | -0.21% |
| Kirloskar Brothers Ltd. | 5.06% | 4.86% | -0.20% |
| Azad Engineering Ltd. | 3.32% | 3.50% | +0.18% |
| ACME Solar Holdings Ltd. | 1.39% | 1.56% | +0.17% |
| Ahluwalia Contracts (India) Ltd. | 1.87% | 1.70% | -0.17% |
| ISGEC Heavy Engineering Ltd. | 0.90% | 1.06% | +0.16% |
| GE Vernova T&D India Ltd | 0.15% | 0.00% | -0.15% |
| Bharat Electronics Ltd. | 3.79% | 3.64% | -0.15% |
| Adani Energy Solutions Ltd. | 3.08% | 2.94% | -0.14% |
| JSW Steel Ltd. | 0.58% | 0.72% | +0.14% |
| Amara Raja Energy & Mobility Ltd | 0.97% | 0.84% | -0.13% |
| GAIL (India) Ltd. | 1.28% | 1.41% | +0.13% |
| Interglobe Aviation Ltd. | 3.96% | 3.84% | -0.12% |
| Aarti Industries Ltd. | 0.00% | 0.11% | +0.11% |
| Hitachi Energy India Ltd. | 1.68% | 1.57% | -0.11% |
| H.G. Infra Engineering Ltd. | 0.94% | 0.84% | -0.10% |
| KEC International Ltd. | 1.35% | 1.26% | -0.09% |
| Power Mech Projects Ltd. | 0.93% | 0.84% | -0.09% |
| NCC Ltd. | 0.85% | 0.76% | -0.09% |
| Tata Power Company Ltd. | 1.36% | 1.45% | +0.09% |
| Solar Industries India Ltd. | 0.92% | 0.84% | -0.08% |
| HEG Advanced Materials Ltd. | 0.40% | 0.48% | +0.08% |
| Vedanta Ltd. | 0.72% | 0.79% | +0.07% |
| 3M India Ltd. | 1.25% | 1.19% | -0.06% |
| CG Power and Industrial Solutions Ltd. | 1.11% | 1.05% | -0.06% |
| Carborundum Universal Ltd. | 1.01% | 1.07% | +0.06% |
| Pace Digitek Ltd. | 0.78% | 0.72% | -0.06% |
| Torrent Power Ltd. | 1.21% | 1.27% | +0.06% |
| Ultratech Cement Ltd. | 3.88% | 3.82% | -0.06% |
| Kilburn Engineering Ltd. | 0.53% | 0.59% | +0.06% |
| Neogen Chemicals Ltd. | 0.69% | 0.63% | -0.06% |
| NTPC Ltd. | 3.36% | 3.41% | +0.05% |
| GMR Airports Ltd. | 0.97% | 1.02% | +0.05% |
| IRB Infrastructure Developers Ltd. | 0.60% | 0.55% | -0.05% |
| NHPC Ltd. | 1.90% | 1.85% | -0.05% |
| Indo Tech Transformers Ltd. | 0.34% | 0.30% | -0.04% |
| Ambuja Cements Ltd. | 0.65% | 0.63% | -0.02% |
| Hindustan Zinc Ltd. | 0.55% | 0.53% | -0.02% |
| JSW Energy Ltd. | 0.86% | 0.84% | -0.02% |
| Siemens Ltd. | 0.33% | 0.31% | -0.02% |
| Sona BLW Precision Forgings Ltd. | 0.61% | 0.59% | -0.02% |
| Sundaram - Clayton Dcd Ltd. | 0.60% | 0.58% | -0.02% |
| Transport Corporation Of India Ltd. | 0.78% | 0.80% | +0.02% |
| Cummins India Ltd. | 0.48% | 0.46% | -0.02% |
| ideaForge Technology Ltd. | 0.35% | 0.33% | -0.02% |
| Automotive Axles Ltd. | 0.25% | 0.26% | +0.01% |
| BlackBuck Ltd. | 0.61% | 0.62% | +0.01% |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | 0.00% | 0.01% | +0.01% |
| Others | 0.28% | 0.29% | +0.01% |
| Bharti Airtel Ltd. | 3.80% | 3.79% | -0.01% |
| GPT Healthcare Ltd. | 0.55% | 0.55% | 0.00% |
| GSPL Transmission Ltd. | 0.05% | 0.05% | 0.00% |
| Gateway Distriparks Ltd. | 0.59% | 0.59% | 0.00% |
| Indus Infra Trust | 0.78% | 0.78% | 0.00% |
| KNR Constructions Ltd. | 0.26% | 0.26% | 0.00% |
| Mahanagar Gas Ltd. | 0.98% | 0.98% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,108 Cr | 2.38% | 8.7% | 9.5% | 17.2% |
 DSP India T.I.G.E.R. Fund | ₹6,265 Cr | 2.02% | 8.1% | 9.0% | 17.7% |
 Aditya Birla Sun Life Infrastructure Fund | ₹1,220 Cr | 2.33% | 16.0% | 10.8% | 16.8% |
 LIC MF Infrastructure Fund | ₹1,153 Cr | 2.62% | 7.6% | 9.8% | 18.4% |
 Bank of India Manufacturing & Infrastructure Fund | ₹984 Cr | 2.54% | 16.2% | 13.7% | 19.1% |
 Canara Robeco Infrastructure Fund | ₹921 Cr | 2.41% | -4.5% | 4.3% | 13.8% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate long-term capital growth through an active diversified portfolio of predominantly equity and equity related instruments of companies that are participating in and benefiting from growth in Indian infrastructure and infrastructural related activities.
Fund managers
- Vishal BiraiaMr. Biraia has done B.E and CFAPrior to joining Bandhan Mutual Fund, he has worked with Max Life Insurance Company Ltd, Aviva India, Antique Stock Broking Ltd, Emkay Global Financial Services Ltd and Batlivala & Karani Securities India Pvt. Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months−3.68% absolute | ₹60,000 | ₹57,792 | −3.68% | |
| 1 year−2.69% annualised | ₹1,20,000 | ₹1,18,266 | −1.45% | |
| 3 years13.96% annualised | ₹3,60,000 | ₹4,49,118 | 24.76% | |
| 5 years13.09% annualised | ₹6,00,000 | ₹8,50,157 | 41.69% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Bandhan Infrastructure Fund?
The NAV of Bandhan Infrastructure Fund is ₹47.84 as on 6 Nov 2026.
What is the expense ratio of Bandhan Infrastructure Fund?
The expense ratio of Bandhan Infrastructure Fund is 2.27% per year.
What is the minimum SIP amount for Bandhan Infrastructure Fund?
You can start a SIP in Bandhan Infrastructure Fund with ₹3,000 a month.
What returns has Bandhan Infrastructure Fund given?
Bandhan Infrastructure Fund has returned 0.5% over 1 year, 1.3% over 3 years and 12.4% over 5 years (annualised).
Is there a lock-in or exit load on Bandhan Infrastructure Fund?
Lock-in: None. Exit load: Exit load of 0.5%, if redeemed within 30 days..
How risky is Bandhan Infrastructure Fund?
Bandhan Infrastructure Fund is rated Very High on the SEBI riskometer and belongs to the Sectoral-Infrastructure category.
Which fund house manages Bandhan Infrastructure Fund?
Bandhan Infrastructure Fund is managed by Bandhan Mutual Fund, which runs 70 schemes with ₹2,19,896 Cr under management.