Bandhan Infrastructure Fund
The fund remains heavily positioned for infrastructure capex recovery with a dominant 20% construction tilt anchored by L&T and quality players like Kirloskar Brothers. The manager signaled renewed conviction in commodity-linked infrastructure plays, swapping out renewable energy and electrical equipment names for aluminum, steel, and power generation—suggesting a pivot toward capex-heavy, cyclical beneficiaries rather than niche green energy plays. This tactical reshuffling, combined with strong April momentum, reflects confidence in sustained government spending on core infrastructure.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹56.8420 | +1.12% | — | — | — |
| Regular Growth | ₹48.1500 | +1.02% | -3.82% | +21.18% | +20.69% |
| Direct IDCW | ₹44.2150 | +1.12% | — | — | — |
| Regular IDCW | ₹35.8850 | +1.02% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| ^^Talwandi Sabo Power Limited | 0.19% |
| ^^Vedanta Aluminium Metal Limited | 0.19% |
| ^^Malco Energy Limited | 0.19% |
| ^^Vedanta Iron And Steel Limited | 0.19% |
| Triparty Repo TRP_040526 | 4.82% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Larsen & Toubro Limited INE018A01030 | 5.87% |
| 2 | Reliance Industries Limited INE002A01018 | 5.11% |
| 3 | Triparty Repo TRP_040526 | 4.82% |
| 4 | Kirloskar Brothers Limited INE732A01036 | 4.73% |
| 5 | Bharti Airtel Limited INE397D01024 | 4.30% |
| 6 | Bharat Electronics Limited INE263A01024 | 3.89% |
| 7 | GPT Infraprojects Limited INE390G01014 | 3.58% |
| 8 | Adani Ports and Special Economic Zone Limited INE742F01042 | 3.52% |
| 9 | UltraTech Cement Limited INE481G01011 | 3.40% |
| 10 | InterGlobe Aviation Limited INE646L01027 | 3.27% |
| 11 | Adani Energy Solutions Limited INE931S01010 | 2.81% |
| 12 | NTPC Limited INE733E01010 | 2.64% |
| 13 | Ahluwalia Contracts (India) Limited INE758C01029 | 2.60% |
| 14 | PTC India Financial Services Limited INE560K01014 | 2.57% |
| 15 | Azad Engineering Ltd INE02IJ01035 | 2.45% |
| 16 | Fortis Healthcare Limited INE061F01013 | 2.06% |
| 17 | KEC International Limited INE389H01022 | 1.78% |
| 18 | Centum Electronics Limited INE320B01020 | 1.69% |
| 19 | NHPC Limited INE848E01016 | 1.68% |
| 20 | Hitachi Energy India Limited INE07Y701011 | 1.67% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Bandhan Infrastructure Fund hold?
Bandhan Infrastructure Fund holds 67 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 23.90% of NAV.
What is the largest holding in Bandhan Infrastructure Fund?
The largest position in Bandhan Infrastructure Fund is Larsen & Toubro Limited, accounting for 5.87% of NAV in the Construction sector.
Is Bandhan Infrastructure Fund a concentrated or diversified fund?
With a Gini coefficient of 0.458, Bandhan Infrastructure Fund is moderately concentrated. The HHI concentration index is 24,791 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 23.90% of the portfolio.
What is the market cap allocation of Bandhan Infrastructure Fund?
Based on SEBI's AMFI classification, Bandhan Infrastructure Fund's equity portfolio is split as: Large Cap: 44.02%, Mid Cap: 11.46%, Small Cap: 39.20%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Bandhan Infrastructure Fund invest in most?
Bandhan Infrastructure Fund has the highest allocation to Construction (20.26%), Power (12.08%), Industrial Products (8.01%). The fund is invested across 22 sectors in total.
How actively managed is Bandhan Infrastructure Fund compared to other Sectoral / Thematic funds?
Bandhan Infrastructure Fund has an Active Share of 82.85%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Bandhan Infrastructure Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Bandhan Infrastructure Fund added 5 new stocks (including ^^Talwandi Sabo Power Limited) and exited 5 stocks (including Premier Energies Limited). Total holding count remained at 69 stocks.