LIC MF Infrastructure Fund
Sectoral-InfrastructureVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹54.59+0.15%1 day
- Return since launch
- 9.9%
- 52-week range
- ₹45.19 — ₹55.78
- AUM
- ₹1,174 Cr
LIC MF Infrastructure Fund is a Sectoral-Infrastructure equity fund from LIC Mutual Fund with ₹1,174 Cr under management, launched in 2008. Over three years it has returned 13.3% a year, against 16.0% for its category. The expense ratio is 2.69% 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 +11.3% 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 | 14.5% | +8.8 pts | 5.7% | 1.0% |
| 2Y | 10.9% | +5.4 pts | 5.6% | 1.3% |
| 3Y | 13.3% | −2.8 pts | 16.0% | 3.5% |
| 5Y | 20.7% | +3.6 pts | 17.1% | 12.6% |
| 7Y | 23.2% | +2.7 pts | 20.5% | 17.2% |
| 10Y | 19.6% | +4.4 pts | 15.3% | 14.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.9% | +1.3 pts | -2.1% | -2.2% |
| 3M | -0.5% | +1.8 pts | -2.3% | -2.6% |
| 6M | 17.8% | +4.6 pts | 13.3% | 11.3% |
| 1Y | 11.3% | +5.6 pts | 5.7% | 0.7% |
| 2Y | 3.0% | +4.7 pts | -1.7% | -4.9% |
| 3Y | 22.5% | +6.4 pts | 16.0% | 12.1% |
| 5Y | 20.4% | +3.2 pts | 17.1% | 14.4% |
| 7Y | 21.0% | +1.1 pts | 19.9% | 16.9% |
| 10Y | 16.4% | +1.1 pts | 15.3% | 12.7% |
Since launch (31 Jan 2008): 9.9%
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
2.67%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.88%
- Brokerage
- 0.17%
- Transaction charges
- 0.01%
- Statutory levies
- 0.61%
- 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 | 7.17 | 5.35 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.74 | 0.66 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.78 | 0.76 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.12 | 1.16 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 22.63 | 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 31 Aug 2026
Asset allocation
- Equity94.2%
- Other5.8%
Market cap split
- Large44.5%
- Mid22.7%
- Small32.8%
- P/E
- 14.47
- P/B
- 3.49
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 5.82% | ₹68.28 Cr | +2.53% | -12.23% | -0.30% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 5.06% | ₹59.45 Cr | +3.52% | +3.32% | — |
| Tata Motors Ltd. | Automobile | 3.79% | ₹44.49 Cr | +3.51% | +4.00% | — |
| The Phoenix Mills Ltd. | Construction | 3.34% | ₹39.24 Cr | — | — | — |
| Larsen & Toubro Ltd. | Construction | 3.31% | ₹38.84 Cr | +3.97% | +4.61% | +3.97% |
| Garware Hi-Tech Films Ltd. | Materials | 3.26% | ₹38.26 Cr | +3.64% | +3.06% | +2.56% |
| INDO-MIM Ltd. | Capital Goods | 3.26% | ₹38.33 Cr | — | — | — |
| Tenneco Clean Air India Ltd | Automobile | 2.98% | ₹34.93 Cr | +1.64% | +1.18% | — |
| KSH International Ltd. | Capital Goods | 2.85% | ₹33.44 Cr | +3.12% | +1.78% | — |
| Bharat Forge Ltd. | Automobile | 2.62% | ₹30.73 Cr | +1.25% | +1.35% | +1.45% |
| Tata Power Company Ltd. | Energy | 2.54% | ₹29.88 Cr | +3.30% | +0.32% | +0.32% |
| Bharat Dynamics Ltd. | Capital Goods | 2.42% | ₹28.36 Cr | +2.66% | +1.07% | — |
| ICICI Bank Ltd. | Financial | 2.35% | ₹27.63 Cr | +1.79% | — | — |
| NTPC Ltd. | Energy | 2.33% | ₹27.31 Cr | +2.49% | +3.32% | +0.98% |
| Sansera Engineering Ltd. | Automobile | 2.22% | ₹26.10 Cr | — | — | — |
| Interglobe Aviation Ltd. | Services | 2.21% | ₹25.99 Cr | +1.99% | — | — |
| Bharti Airtel Ltd. | Communication | 2.20% | ₹25.84 Cr | +2.62% | +3.30% | +0.37% |
| Maruti Suzuki India Ltd. | Automobile | 2.14% | ₹25.12 Cr | +2.47% | +1.71% | — |
| company:15106 | Healthcare | 2.11% | ₹24.80 Cr | — | — | — |
| Hitachi Energy India Ltd. | Capital Goods | 2.07% | ₹24.32 Cr | +1.34% | — | +0.85% |
| Mahindra Lifespace Developers Ltd. | Construction | 2.03% | ₹23.84 Cr | +1.97% | +2.32% | +2.34% |
| JSW Infrastructure Ltd. | Services | 2.02% | ₹23.70 Cr | +2.84% | — | — |
| Tata Steel Ltd. | Metals & Mining | 2.00% | ₹23.49 Cr | +1.89% | +0.29% | +0.99% |
| Divgi TorqTransfer Systems Ltd. | Automobile | 1.94% | ₹22.73 Cr | +1.41% | +0.96% | +0.79% |
| Bharat Bijlee Ltd. | Capital Goods | 1.86% | ₹21.89 Cr | +2.35% | +2.25% | +2.24% |
| Schneider Electric Infrastructure Ltd. | Capital Goods | 1.83% | ₹21.53 Cr | +2.45% | +3.29% | +2.75% |
| Delhivery Ltd. | Services | 1.64% | ₹19.21 Cr | +1.33% | — | — |
| Mahindra & Mahindra Ltd. | Automobile | 1.64% | ₹19.28 Cr | +1.88% | +2.29% | — |
| Ultratech Cement Ltd. | Materials | 1.64% | ₹19.21 Cr | +1.75% | +0.99% | +1.01% |
| Schaeffler India Ltd. | Capital Goods | 1.58% | ₹18.49 Cr | +2.01% | +1.17% | +0.88% |
| Kirloskar Ferrous Industries Ltd. | Metals & Mining | 1.55% | ₹18.23 Cr | +1.60% | +1.59% | +0.28% |
| Siemens Energy India Ltd. | Energy | 1.55% | ₹18.21 Cr | +3.07% | +2.79% | +1.62% |
| JSW Steel Ltd. | Metals & Mining | 1.47% | ₹17.24 Cr | +0.94% | — | — |
| Afcons Infrastructure Ltd. | Construction | 1.42% | ₹16.65 Cr | +1.80% | +1.47% | +3.23% |
| Cummins India Ltd. | Capital Goods | 1.39% | ₹16.35 Cr | +1.96% | +2.77% | +2.59% |
| Kotak Mahindra Bank Ltd. | Financial | 1.37% | ₹16.10 Cr | — | — | — |
| State Bank of India | Financial | 1.37% | ₹16.05 Cr | — | — | — |
| Kennametal India Ltd. | Capital Goods | 1.35% | ₹15.88 Cr | +0.95% | +0.87% | +0.81% |
| NLC India Ltd. | Energy | 1.31% | ₹15.33 Cr | +2.09% | +1.14% | +1.01% |
| Axis Bank Ltd. | Financial | 1.27% | ₹14.85 Cr | — | — | — |
| HDFC Bank Ltd. | Financial | 1.19% | ₹13.97 Cr | — | — | — |
| Tata Communications Ltd. | Communication | 1.13% | ₹13.26 Cr | +1.38% | +1.22% | +1.21% |
| company:2024 | Capital Goods | 1.00% | ₹11.71 Cr | — | — | — |
| Foseco India Ltd. | Chemicals | 0.90% | ₹10.58 Cr | +0.74% | +0.87% | +1.04% |
| Transport Corporation Of India Ltd. | Services | 0.90% | ₹10.52 Cr | +1.22% | +1.45% | +1.41% |
| company:1897 | Capital Goods | 0.83% | ₹9.80 Cr | +0.97% | +1.71% | +1.12% |
| Kirloskar Oil Engines Ltd. | Capital Goods | 0.80% | ₹9.38 Cr | +1.15% | +1.67% | +1.44% |
| SKF India (Industrial) Ltd. | Capital Goods | 0.58% | ₹6.77 Cr | +0.53% | +0.42% | — |
| Gujarat Energy Ltd. | Energy | 0.53% | ₹6.26 Cr | +0.92% | +0.49% | +0.51% |
| Bharat Electronics Ltd. | Capital Goods | 0.51% | ₹5.99 Cr | +1.06% | +1.25% | +0.84% |
| Ingersoll-Rand (India) Ltd. | Capital Goods | 0.39% | ₹4.55 Cr | +0.48% | +0.48% | +0.47% |
| GSPL Transmission Ltd. | Energy | 0.10% | ₹1.14 Cr | — | — | — |
| RHI Magnesita India Ltd. | Capital Goods | 0.04% | ₹0.49 Cr | +0.15% | +0.17% | +0.19% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 4.43% | 0.25% | -4.18% |
| Carraro India Ltd. | 2.65% | 0.00% | -2.65% |
| INDO-MIM Ltd. | 5.46% | 3.26% | -2.20% |
| company:15106 | 0.00% | 2.11% | +2.11% |
| Sansera Engineering Ltd. | 0.44% | 2.22% | +1.78% |
| Bharat Forge Ltd. | 1.08% | 2.62% | +1.54% |
| Tenneco Clean Air India Ltd | 1.44% | 2.98% | +1.54% |
| Tata Motors Passenger Vehicles Ltd. | 3.64% | 5.06% | +1.42% |
| REC Ltd. | 1.34% | 0.00% | -1.34% |
| company:2024 | 0.00% | 1.00% | +1.00% |
| Power Finance Corporation Ltd. | 0.88% | 0.00% | -0.88% |
| company:1897 | 0.00% | 0.83% | +0.83% |
| Vidya Wires Ltd. | 0.72% | 0.00% | -0.72% |
| Siemens Energy India Ltd. | 2.13% | 1.55% | -0.58% |
| Schneider Electric Infrastructure Ltd. | 2.36% | 1.83% | -0.53% |
| Hitachi Energy India Ltd. | 2.56% | 2.07% | -0.49% |
| Kennametal India Ltd. | 0.89% | 1.35% | +0.46% |
| Divgi TorqTransfer Systems Ltd. | 1.61% | 1.94% | +0.33% |
| Tata Power Company Ltd. | 2.86% | 2.54% | -0.32% |
| Garware Hi-Tech Films Ltd. | 3.58% | 3.26% | -0.32% |
| Bharti Airtel Ltd. | 2.46% | 2.20% | -0.26% |
| Mahindra Lifespace Developers Ltd. | 2.24% | 2.03% | -0.21% |
| NTPC Ltd. | 2.53% | 2.33% | -0.20% |
| Tata Motors Ltd. | 3.60% | 3.79% | +0.19% |
| Bharat Bijlee Ltd. | 2.04% | 1.86% | -0.18% |
| NLC India Ltd. | 1.49% | 1.31% | -0.18% |
| Maruti Suzuki India Ltd. | 2.31% | 2.14% | -0.17% |
| Foseco India Ltd. | 0.74% | 0.90% | +0.16% |
| KSH International Ltd. | 2.70% | 2.85% | +0.15% |
| Cummins India Ltd. | 1.54% | 1.39% | -0.15% |
| Schaeffler India Ltd. | 1.43% | 1.58% | +0.15% |
| Delhivery Ltd. | 1.77% | 1.64% | -0.13% |
| Kirloskar Ferrous Industries Ltd. | 1.68% | 1.55% | -0.13% |
| Tata Steel Ltd. | 2.11% | 2.00% | -0.11% |
| Ultratech Cement Ltd. | 1.74% | 1.64% | -0.10% |
| Mahindra & Mahindra Ltd. | 1.74% | 1.64% | -0.10% |
| HDFC Bank Ltd. | 1.29% | 1.19% | -0.10% |
| Transport Corporation Of India Ltd. | 0.98% | 0.90% | -0.08% |
| JSW Infrastructure Ltd. | 1.94% | 2.02% | +0.08% |
| Gujarat Energy Ltd. | 0.61% | 0.53% | -0.08% |
| The Phoenix Mills Ltd. | 3.42% | 3.34% | -0.08% |
| Kotak Mahindra Bank Ltd. | 1.31% | 1.37% | +0.06% |
| Kirloskar Oil Engines Ltd. | 0.85% | 0.80% | -0.05% |
| Tata Communications Ltd. | 1.18% | 1.13% | -0.05% |
| Axis Bank Ltd. | 1.23% | 1.27% | +0.04% |
| Afcons Infrastructure Ltd. | 1.38% | 1.42% | +0.04% |
| SKF India (Industrial) Ltd. | 0.54% | 0.58% | +0.04% |
| Ingersoll-Rand (India) Ltd. | 0.36% | 0.39% | +0.03% |
| Interglobe Aviation Ltd. | 2.24% | 2.21% | -0.03% |
| ICICI Bank Ltd. | 2.38% | 2.35% | -0.03% |
| Bharat Electronics Ltd. | 0.49% | 0.51% | +0.02% |
| Bharat Dynamics Ltd. | 2.43% | 2.42% | -0.01% |
| State Bank of India | 1.36% | 1.37% | +0.01% |
| GSPL Transmission Ltd. | 0.11% | 0.10% | -0.01% |
| JSW Steel Ltd. | 1.46% | 1.47% | +0.01% |
| Larsen & Toubro Ltd. | 3.30% | 3.31% | +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 | ₹4,135 Cr | 2.23% | 11.1% | 11.0% | 18.9% |
 Nippon India Power & Infra Fund | ₹8,137 Cr | 1.95% | 9.2% | 9.0% | 18.9% |
 DSP India T.I.G.E.R. Fund | ₹6,467 Cr | 2.03% | 15.4% | 12.1% | 20.0% |
 Canara Robeco Infrastructure Fund | ₹987 Cr | 2.38% | -0.5% | 7.3% | 16.0% |
 Bank of India Manufacturing & Infrastructure Fund | ₹949 Cr | 2.57% | 20.4% | 15.4% | 20.6% |
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 months17.82% absolute | ₹60,000 | ₹70,692 | 17.82% | |
| 1 year11.28% annualised | ₹1,20,000 | ₹1,27,591 | 6.33% | |
| 3 years22.46% annualised | ₹3,60,000 | ₹5,16,796 | 43.55% | |
| 5 years20.37% annualised | ₹6,00,000 | ₹10,45,714 | 74.29% |
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 ₹54.59 as on 25 Sep 2026.
What is the expense ratio of LIC MF Infrastructure Fund?
The expense ratio of LIC MF Infrastructure Fund is 2.69% 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 14.5% over 1 year, 13.3% over 3 years and 20.7% 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 ₹50,329 Cr under management.