LIC MF Infrastructure Fund
Sectoral-InfrastructureVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹53.93+1.37%1 day
- Return since launch
- 9.7%
- 52-week range
- ₹45.19 — ₹55.78
- AUM
- ₹1,153 Cr
LIC MF Infrastructure Fund is a Sectoral-Infrastructure equity fund from LIC Mutual Fund with ₹1,153 Cr under management, launched in 2008. Over three years it has returned 10.6% a year, against 15.1% for its category. The expense ratio is 2.64% and the SEBI riskometer reading is Very High.
Performance
LIC MF Infrastructure Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +8.1% against -0.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 9.7% | +6.2 pts | 3.5% | 3.5% |
| 2Y | 9.1% | +3.9 pts | 5.2% | 2.5% |
| 3Y | 10.6% | −4.6 pts | 15.1% | 3.1% |
| 5Y | 18.9% | +3.5 pts | 15.4% | 11.9% |
| 7Y | 21.9% | +2.5 pts | 19.4% | 16.6% |
| 10Y | 19.0% | +3.8 pts | 15.2% | 14.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 3.1% | −0.5 pts | 3.6% | 4.9% |
| 3M | -2.6% | +0.4 pts | -3.0% | -2.2% |
| 6M | 2.6% | +2.9 pts | -0.3% | -0.2% |
| 1Y | 8.3% | +4.8 pts | 3.5% | -0.1% |
| 2Y | 3.7% | +2.0 pts | 1.7% | -0.7% |
| 3Y | 20.7% | +5.6 pts | 15.1% | 12.2% |
| 5Y | 18.3% | +2.9 pts | 15.4% | 13.3% |
| 7Y | 20.4% | +0.6 pts | 19.8% | 17.0% |
| 10Y | 16.2% | +1.0 pts | 15.2% | 12.8% |
Since launch (31 Jan 2008): 9.7%
Calendar-year returns
Category average-0.1%
46.6%
7.9%
44.4%
47.3%
-3.7%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -3.7% | −4.3 pts | 0.6% |
| 2024 | 47.3% | +18.3 pts | 29.0% |
| 2023 | 44.4% | −2.8 pts | 47.2% |
| 2022 | 7.9% | −2.7 pts | 10.6% |
| 2021 | 46.6% | −6.5 pts | 53.1% |
| 2020 | -0.1% | −10.1 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
2.62%
Expense ratio as on 7 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.88%
- Brokerage
- 0.15%
- Transaction charges
- 0.01%
- Statutory levies
- 0.58%
- Exit load
- Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 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 | 6.36 | 4.82 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.77 | 0.66 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.65 | 0.63 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.97 | 0.98 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 23.10 | 19.45 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
LIC MF Infrastructure Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity92.6%
- Other7.4%
Market cap split
- Large42.4%
- Mid24.1%
- Small33.5%
- P/E
- 13.41
- P/B
- 3.18
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 7.39% | ₹85.23 Cr | +2.18% | -0.64% | +1.04% |
| INDO-MIM Ltd. | Capital Goods | 5.54% | ₹63.92 Cr | — | — | — |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 4.73% | ₹54.57 Cr | +3.79% | +2.80% | +1.22% |
| The Phoenix Mills Ltd. | Construction | 3.31% | ₹38.23 Cr | — | — | — |
| Tata Motors Ltd. | Automobile | 3.30% | ₹38.09 Cr | +3.51% | +2.47% | — |
| Garware Hi-Tech Films Ltd. | Materials | 3.19% | ₹36.79 Cr | +3.37% | +2.67% | +2.70% |
| Larsen & Toubro Ltd. | Construction | 2.99% | ₹34.54 Cr | +3.50% | +4.47% | +3.91% |
| Tenneco Clean Air India Ltd | Automobile | 2.78% | ₹32.08 Cr | +1.52% | +1.14% | — |
| Tata Power Company Ltd. | Energy | 2.56% | ₹29.57 Cr | +2.92% | +0.35% | +0.32% |
| KSH International Ltd. | Capital Goods | 2.47% | ₹28.45 Cr | +2.79% | +2.28% | — |
| Sansera Engineering Ltd. | Automobile | 2.44% | ₹28.20 Cr | — | — | — |
| Bharat Forge Ltd. | Automobile | 2.33% | ₹26.90 Cr | +1.06% | +1.29% | +1.54% |
| NTPC Ltd. | Energy | 2.23% | ₹25.75 Cr | +2.62% | +3.30% | +0.99% |
| ICICI Bank Ltd. | Financial | 2.08% | ₹24.03 Cr | +2.30% | — | — |
| JSW Infrastructure Ltd. | Services | 2.06% | ₹23.78 Cr | +3.59% | — | — |
| Interglobe Aviation Ltd. | Services | 2.05% | ₹23.68 Cr | +2.34% | — | — |
| Bharat Dynamics Ltd. | Capital Goods | 2.05% | ₹23.62 Cr | +2.68% | +1.01% | — |
| Nephrocare Health Services Ltd. | Healthcare | 2.01% | ₹23.22 Cr | — | — | — |
| Mahindra Lifespace Developers Ltd. | Construction | 1.95% | ₹22.47 Cr | +2.10% | +2.08% | +2.30% |
| Tata Steel Ltd. | Metals & Mining | 1.95% | ₹22.47 Cr | +2.11% | +0.51% | +1.05% |
| Aster DM Quality Care Ltd. | Healthcare | 1.90% | ₹21.88 Cr | — | — | — |
| Divgi TorqTransfer Systems Ltd. | Automobile | 1.88% | ₹21.65 Cr | +1.66% | +0.89% | +0.78% |
| Maruti Suzuki India Ltd. | Automobile | 1.84% | ₹21.23 Cr | +2.30% | +1.54% | +1.02% |
| Hitachi Energy India Ltd. | Capital Goods | 1.83% | ₹21.12 Cr | +1.68% | — | +0.59% |
| Schneider Electric Infrastructure Ltd. | Capital Goods | 1.76% | ₹20.33 Cr | +2.47% | +3.34% | +2.56% |
| HDFC Bank Ltd. | Financial | 1.75% | ₹20.14 Cr | +1.38% | — | — |
| Bharti Airtel Ltd. | Communication | 1.74% | ₹20.09 Cr | +2.32% | +3.21% | +0.36% |
| Bharat Bijlee Ltd. | Capital Goods | 1.61% | ₹18.57 Cr | +2.35% | +2.07% | +2.45% |
| Kirloskar Ferrous Industries Ltd. | Metals & Mining | 1.57% | ₹18.13 Cr | +1.64% | +1.52% | +0.68% |
| Ultratech Cement Ltd. | Materials | 1.52% | ₹17.59 Cr | +1.66% | +0.91% | +0.94% |
| Siemens Energy India Ltd. | Energy | 1.50% | ₹17.26 Cr | +2.44% | +2.66% | +0.88% |
| Schaeffler India Ltd. | Capital Goods | 1.49% | ₹17.17 Cr | +1.48% | +1.13% | +0.93% |
| Mahindra & Mahindra Ltd. | Automobile | 1.44% | ₹16.58 Cr | +1.59% | +2.17% | — |
| Delhivery Ltd. | Services | 1.43% | ₹16.51 Cr | +1.75% | — | — |
| JSW Steel Ltd. | Metals & Mining | 1.37% | ₹15.81 Cr | +1.42% | — | — |
| Kotak Mahindra Bank Ltd. | Financial | 1.33% | ₹15.32 Cr | +1.32% | — | — |
| Gujarat Energy Ltd. | Energy | 1.30% | ₹14.99 Cr | +0.73% | +0.40% | +0.51% |
| Cummins India Ltd. | Capital Goods | 1.26% | ₹14.58 Cr | +1.59% | +2.80% | +2.38% |
| NLC India Ltd. | Energy | 1.24% | ₹14.36 Cr | +1.62% | +2.29% | +1.24% |
| State Bank of India | Financial | 1.21% | ₹13.90 Cr | +1.37% | — | — |
| Afcons Infrastructure Ltd. | Construction | 1.20% | ₹13.82 Cr | +1.60% | +1.49% | +3.42% |
| Axis Bank Ltd. | Financial | 1.16% | ₹13.40 Cr | +1.35% | — | — |
| Kennametal India Ltd. | Capital Goods | 1.06% | ₹12.21 Cr | +0.97% | +0.83% | +0.74% |
| Kirloskar Brothers Ltd. | Capital Goods | 0.95% | ₹10.99 Cr | — | — | — |
| Bharat Electronics Ltd. | Capital Goods | 0.95% | ₹10.94 Cr | +1.03% | +1.23% | +0.89% |
| Foseco India Ltd. | Chemicals | 0.88% | ₹10.17 Cr | +0.77% | +0.83% | +0.87% |
| Transport Corporation Of India Ltd. | Services | 0.88% | ₹10.11 Cr | +1.18% | +1.45% | +1.65% |
| KSB Ltd. | Capital Goods | 0.86% | ₹9.94 Cr | — | +1.50% | +1.45% |
| Tata Communications Ltd. | Communication | 0.85% | ₹9.80 Cr | +1.33% | +1.12% | +1.22% |
| SKF India (Industrial) Ltd. | Capital Goods | 0.52% | ₹6.01 Cr | +0.69% | +0.37% | — |
| Ingersoll-Rand (India) Ltd. | Capital Goods | 0.13% | ₹1.45 Cr | +0.48% | +0.46% | +0.47% |
| GSPL Transmission Ltd. | Energy | 0.11% | ₹1.22 Cr | — | — | — |
| RHI Magnesita India Ltd. | Capital Goods | 0.04% | ₹0.49 Cr | +0.04% | +0.15% | +0.18% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| INDO-MIM Ltd. | 3.26% | 5.54% | +2.28% |
| Nephrocare Health Services Ltd. | 0.00% | 2.01% | +2.01% |
| Others | 0.25% | 1.10% | +0.85% |
| Kirloskar Oil Engines Ltd. | 0.80% | 0.00% | -0.80% |
| Gujarat Energy Ltd. | 0.53% | 1.30% | +0.77% |
| HDFC Bank Ltd. | 1.19% | 1.75% | +0.56% |
| Tata Motors Ltd. | 3.79% | 3.30% | -0.49% |
| Bharti Airtel Ltd. | 2.20% | 1.74% | -0.46% |
| Bharat Electronics Ltd. | 0.51% | 0.95% | +0.44% |
| KSH International Ltd. | 2.85% | 2.47% | -0.38% |
| Bharat Dynamics Ltd. | 2.42% | 2.05% | -0.37% |
| Tata Motors Passenger Vehicles Ltd. | 5.06% | 4.73% | -0.33% |
| Larsen & Toubro Ltd. | 3.31% | 2.99% | -0.32% |
| Maruti Suzuki India Ltd. | 2.14% | 1.84% | -0.30% |
| Kennametal India Ltd. | 1.35% | 1.06% | -0.29% |
| Bharat Forge Ltd. | 2.62% | 2.33% | -0.29% |
| Tata Communications Ltd. | 1.13% | 0.85% | -0.28% |
| ICICI Bank Ltd. | 2.35% | 2.08% | -0.27% |
| Ingersoll-Rand (India) Ltd. | 0.39% | 0.13% | -0.26% |
| Bharat Bijlee Ltd. | 1.86% | 1.61% | -0.25% |
| Hitachi Energy India Ltd. | 2.07% | 1.83% | -0.24% |
| Sansera Engineering Ltd. | 2.22% | 2.44% | +0.22% |
| Afcons Infrastructure Ltd. | 1.42% | 1.20% | -0.22% |
| Aster DM Quality Care Ltd. | 2.11% | 1.90% | -0.21% |
| Delhivery Ltd. | 1.64% | 1.43% | -0.21% |
| Mahindra & Mahindra Ltd. | 1.64% | 1.44% | -0.20% |
| Tenneco Clean Air India Ltd | 2.98% | 2.78% | -0.20% |
| State Bank of India | 1.37% | 1.21% | -0.16% |
| Interglobe Aviation Ltd. | 2.21% | 2.05% | -0.16% |
| Cummins India Ltd. | 1.39% | 1.26% | -0.13% |
| Ultratech Cement Ltd. | 1.64% | 1.52% | -0.12% |
| Axis Bank Ltd. | 1.27% | 1.16% | -0.11% |
| JSW Steel Ltd. | 1.47% | 1.37% | -0.10% |
| NTPC Ltd. | 2.33% | 2.23% | -0.10% |
| Schaeffler India Ltd. | 1.58% | 1.49% | -0.09% |
| Mahindra Lifespace Developers Ltd. | 2.03% | 1.95% | -0.08% |
| Garware Hi-Tech Films Ltd. | 3.26% | 3.19% | -0.07% |
| Schneider Electric Infrastructure Ltd. | 1.83% | 1.76% | -0.07% |
| NLC India Ltd. | 1.31% | 1.24% | -0.07% |
| Divgi TorqTransfer Systems Ltd. | 1.94% | 1.88% | -0.06% |
| SKF India (Industrial) Ltd. | 0.58% | 0.52% | -0.06% |
| Siemens Energy India Ltd. | 1.55% | 1.50% | -0.05% |
| Tata Steel Ltd. | 2.00% | 1.95% | -0.05% |
| Kirloskar Brothers Ltd. | 1.00% | 0.95% | -0.05% |
| Kotak Mahindra Bank Ltd. | 1.37% | 1.33% | -0.04% |
| JSW Infrastructure Ltd. | 2.02% | 2.06% | +0.04% |
| KSB Ltd. | 0.83% | 0.86% | +0.03% |
| The Phoenix Mills Ltd. | 3.34% | 3.31% | -0.03% |
| Tata Power Company Ltd. | 2.54% | 2.56% | +0.02% |
| Transport Corporation Of India Ltd. | 0.90% | 0.88% | -0.02% |
| Kirloskar Ferrous Industries Ltd. | 1.55% | 1.57% | +0.02% |
| Foseco India Ltd. | 0.90% | 0.88% | -0.02% |
| GSPL Transmission Ltd. | 0.10% | 0.11% | +0.01% |
| RHI Magnesita India Ltd. | 0.04% | 0.04% | 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 | ₹2,340 Cr | 2.33% | 9.7% | 9.7% | 17.1% |
 DSP India T.I.G.E.R. Fund | ₹6,265 Cr | 2.02% | 8.3% | 9.1% | 17.8% |
 Aditya Birla Sun Life Infrastructure Fund | ₹1,172 Cr | 2.33% | 16.5% | 10.9% | 17.0% |
 Bank of India Manufacturing & Infrastructure Fund | ₹1,002 Cr | 2.54% | 17.6% | 14.1% | 19.4% |
 Canara Robeco Infrastructure Fund | ₹921 Cr | 2.41% | -3.7% | 4.6% | 14.0% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme aims to invest in equity/equity related securities of the companies which are engaged either directly or indirectly in the infrastructure sector.
Fund managers
- Mahesh BendreMr. Bendre has done B.E(Mechanical), MBA (Finance) and PhD (Finance)Prior to joining LIC Mutual Fund, he has worked with IDBI Capital, Vervene Asset Management, Stewart & Mackertich, Karvy Inst. Equity and Way2wealth, Quantum Securities
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 months2.58% absolute | ₹60,000 | ₹61,548 | 2.58% | |
| 1 year8.29% annualised | ₹1,20,000 | ₹1,25,527 | 4.61% | |
| 3 years20.73% annualised | ₹3,60,000 | ₹5,02,071 | 39.46% | |
| 5 years18.27% annualised | ₹6,00,000 | ₹9,84,171 | 64.03% |
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 LIC MF Infrastructure Fund?
The NAV of LIC MF Infrastructure Fund is ₹53.93 as on 9 Nov 2026.
What is the expense ratio of LIC MF Infrastructure Fund?
The expense ratio of LIC MF Infrastructure Fund is 2.64% per year.
What is the minimum SIP amount for LIC MF Infrastructure Fund?
You can start a SIP in LIC MF Infrastructure Fund with ₹3,000 a month.
What returns has LIC MF Infrastructure Fund given?
LIC MF Infrastructure Fund has returned 9.7% over 1 year, 10.6% over 3 years and 18.9% over 5 years (annualised).
Is there a lock-in or exit load on LIC MF Infrastructure Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days..
How risky is LIC MF Infrastructure Fund?
LIC MF Infrastructure Fund is rated Very High on the SEBI riskometer and belongs to the Sectoral-Infrastructure category.
Which fund house manages LIC MF Infrastructure Fund?
LIC MF Infrastructure Fund is managed by LIC Mutual Fund, which runs 33 schemes with ₹50,860 Cr under management.