ICICI Prudential Infrastructure Fund
ICICI Prudential Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹214.4300 | +2.26% | — | — | — | — | — |
| Regular Growth | ₹196.5400 | +2.20% | +0.31% | -1.52% | +4.73% | +22.75% | +25.01% |
| Direct IDCW | ₹46.8500 | +2.25% | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
64
Top 5 Weight
27.32%
Top 10 Weight
42.03%
Active Share
—
Large Cap
34.76%
Gini
0.504
What Changed2026-03-31 → 2026-04-30
Holdings: 67 → 67+6 added−6 removed27 weight shifts ≥ 0.1%
| 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
Construction19.4%
Transport Services11.7%
Industrial Products11.2%
Realty7.4%
Power6.7%
Banks6.7%
Cement & Cement Products6.4%
Finance4.0%
Gas3.8%
Electrical Equipment3.4%
Top 10 sectors by % to NAV. Excludes derivatives.