ICICI Prudential Infrastructure Fund
The fund remains heavily tilted toward construction and transport infrastructure, reflecting conviction in India's capex cycle through concentrated bets on L&T, IndiGo, and Oberoi Realty. Recent portfolio churn—adding power and metals plays like Siemens Energy and Vedanta while trimming treasury holdings—signals the manager is rotating toward cyclical upside as monetary conditions ease. The 3.5% monthly gain and elevated cash position suggest tactical positioning ahead of expected infrastructure acceleration.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹216.0900 | -0.03% | — | — | — |
| Regular Growth | ₹198.0500 | -0.08% | +3.78% | +22.88% | +25.20% |
| Direct IDCW | ₹47.2100 | -0.04% | — | — | — |
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 |
|---|---|
| SIEMENS ENERGY INDIA LTD | 0.21% |
| Vedanta Aluminium Metal Ltd. | 0.21% |
| Vedanta Iron And Steel Ltd. | 0.21% |
| Malco Energy Ltd. | 0.21% |
| Talwandi Sabo Power Ltd. | 0.21% |
| 182 Days Treasury Bills | 0.15% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Interglobe Aviation Ltd. INE646L01027 | 8.49% |
| 2 | Larsen & Toubro Ltd. INE018A01030 | 7.27% |
| 3 | Oberoi Realty Ltd. INE093I01010 | 4.30% |
| 4 | NTPC Ltd. INE733E01010 | 4.14% |
| 5 | TREPS | 3.57% |
| 6 | Brigade Enterprises Ltd. INE791I01019 | 3.13% |
| 7 | Kalpataru Projects International Ltd INE220B01022 | 3.02% |
| 8 | Shree Cements Ltd. INE070A01015 | 3.01% |
| 9 | Container Corporation Of India Ltd. INE111A01025 | 2.99% |
| 10 | NCC Ltd. INE868B01028 | 2.89% |
| 11 | Afcons Infrastructure Ltd. INE101I01011 | 2.79% |
| 12 | AIA Engineering Ltd. INE212H01026 | 2.72% |
| 13 | IndusInd Bank Ltd. INE095A01012 | 2.67% |
| 14 | Reliance Industries Ltd. INE002A01018 | 2.46% |
| 15 | Gujarat Gas Ltd. INE844O01030 | 2.43% |
| 16 | Ratnamani Metals & Tubes Ltd. INE703B01027 | 2.42% |
| 17 | Adani Ports and Special Economic Zone Ltd. INE742F01042 | 2.23% |
| 18 | CESC Ltd. INE486A01021 | 2.15% |
| 19 | HDFC Bank Ltd. INE040A01034 | 2.14% |
| 20 | Axis Bank Ltd. INE238A01034 | 1.85% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does ICICI Prudential Infrastructure Fund hold?
ICICI Prudential Infrastructure Fund holds 64 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 27.32% of NAV.
What is the largest holding in ICICI Prudential Infrastructure Fund?
The largest position in ICICI Prudential Infrastructure Fund is Interglobe Aviation Ltd., accounting for 8.49% of NAV in the Transport Services sector.
Is ICICI Prudential Infrastructure Fund a concentrated or diversified fund?
With a Gini coefficient of 0.504, ICICI Prudential Infrastructure Fund is moderately concentrated. The HHI concentration index is 30,252 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 27.32% of the portfolio.
What is the market cap allocation of ICICI Prudential Infrastructure Fund?
Based on SEBI's AMFI classification, ICICI Prudential Infrastructure Fund's equity portfolio is split as: Large Cap: 34.76%, Mid Cap: 16.13%, Small Cap: 42.95%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does ICICI Prudential Infrastructure Fund invest in most?
ICICI Prudential Infrastructure Fund has the highest allocation to Construction (19.37%), Transport Services (11.71%), Industrial Products (11.17%). The fund is invested across 24 sectors in total.
How actively managed is ICICI Prudential Infrastructure Fund compared to other Sectoral / Thematic funds?
ICICI Prudential Infrastructure Fund has an Active Share of 84.06%, 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 ICICI Prudential Infrastructure Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, ICICI Prudential Infrastructure Fund added 6 new stocks (including SIEMENS ENERGY INDIA LTD) and exited 6 stocks (including Thermax Ltd.). Total holding count remained at 67 stocks.