HDFC Infrastructure Fund
The fund remains heavily tilted toward infrastructure plays, with construction stocks and power utilities anchoring a concentrated portfolio where the top ten names account for over a third of assets. Recent additions of renewable energy and logistics names signal the manager is positioning for India's energy transition and supply-chain modernization, while trimming cash exposure suggests confidence in deployment. The modest churn indicates conviction in the existing thesis rather than reactive trading, though the 23% construction concentration leaves limited room for sector rotation.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹46.7610 | +0.19% | -0.37% | +23.65% | +23.44% |
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 |
|---|---|
| Prestige Estates Projects Ltd. | 1.02% |
| Container Corporation of India Ltd. | 0.76% |
| The Tata Power Company Ltd. | 0.55% |
| Clean Max Enviro Energy Solutions Limited | 0.35% |
| CESC Ltd. | 0.16% |
| Power Mech Projects Ltd. | 0.12% |
| Bansal Wire Industries Limited | 0.09% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Larsen and Toubro Ltd. INE018A01030 | 6.99% |
| 2 | ICICI Bank Ltd. INE090A01021 | 5.39% |
| 3 | Kalpataru Projects International Ltd INE220B01022 | 4.03% |
| 4 | NTPC Limited INE733E01010 | 3.88% |
| 5 | Power Grid Corporation of India Ltd. INE752E01010 | 3.16% |
| 6 | Reliance Industries Ltd. INE002A01018 | 3.14% |
| 7 | J.Kumar Infraprojects Ltd. INE576I01022 | 3.01% |
| 8 | InterGlobe Aviation Ltd. INE646L01027 | 2.78% |
| 9 | TD Power Systems Ltd. INE419M01027 | 2.62% |
| 10 | Coal India Ltd. INE522F01014 | 2.59% |
| 11 | Adani Ports & Special Economic Zone INE742F01042 | 2.54% |
| 12 | Bharti Airtel Ltd. INE397D01024 | 2.50% |
| 13 | G R Infraprojects Limited INE201P01022 | 2.21% |
| 14 | Tata Steel Ltd. INE081A01020 | 2.19% |
| 15 | State Bank of India INE062A01020 | 1.99% |
| 16 | HDFC Bank Ltd.£ INE040A01034 | 1.92% |
| 17 | Ambuja Cements Ltd. INE079A01024 | 1.75% |
| 18 | Axis Bank Ltd. INE238A01034 | 1.73% |
| 19 | Power Finance Corporation Ltd. INE134E01011 | 1.72% |
| 20 | NCC LTD. INE868B01028 | 1.59% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does HDFC Infrastructure Fund hold?
HDFC Infrastructure Fund holds 69 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 23.45% of NAV.
What is the largest holding in HDFC Infrastructure Fund?
The largest position in HDFC Infrastructure Fund is Larsen and Toubro Ltd., accounting for 6.99% of NAV in the Construction sector.
Is HDFC Infrastructure Fund a concentrated or diversified fund?
With a Gini coefficient of 0.403, HDFC Infrastructure Fund is well-diversified. The HHI concentration index is 24,329 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 23.45% of the portfolio.
What is the market cap allocation of HDFC Infrastructure Fund?
Based on SEBI's AMFI classification, HDFC Infrastructure Fund's equity portfolio is split as: Large Cap: 54.76%, Mid Cap: 4.61%, Small Cap: 36.93%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does HDFC Infrastructure Fund invest in most?
HDFC Infrastructure Fund has the highest allocation to Construction (21.21%), Banks (11.03%), Power (8.10%). The fund is invested across 25 sectors in total.
How actively managed is HDFC Infrastructure Fund compared to other Sectoral / Thematic funds?
HDFC Infrastructure Fund has an Active Share of 75.53%, 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 HDFC Infrastructure Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, HDFC Infrastructure Fund added 7 new stocks (including Prestige Estates Projects Ltd.) and exited 3 stocks (including IKIO Technologies Limited). Total holding count increased from 67 to 71 stocks.