LIC MF Infrastructure Fund
LIC Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
The fund remains heavily concentrated in capital-intensive infrastructure plays, betting on cyclical strength in industrials, autos, and power with a lean 6.6% cash buffer. The manager's conviction shifted toward automotive and financials—boosting Maruti and TMPL while trimming Treps and pruning smaller-cap holdings—signaling confidence in domestic demand recovery. The strong April performance and tactical rebalancing suggest positioning for sustained infrastructure-led growth, though the concentrated top-10 exposure warrants monitoring for volatility.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹59.7850 | +4.96% | — | — | — | — | — |
| Regular Growth | ₹51.7265 | +4.85% | +3.03% | +3.29% | +11.99% | +27.50% | +24.65% |
| Direct IDCW | ₹58.7013 | +4.96% | — | — | — | — | — |
| Regular IDCW | ₹51.7280 | +4.85% | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
55
Top 5 Weight
22.07%
Top 10 Weight
36.99%
Active Share
—
Large Cap
46.57%
Gini
0.370
What Changed2026-03-31 → 2026-04-30
Holdings: 66 → 57+3 added−12 removed37 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| ICICI Bank Ltd. | 1.89% |
| JSW Infrastructure Ltd. | 1.01% |
| EIH Ltd. | 0.42% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Treps | 6.78% |
| 2 | Bharti Airtel Ltd. INE397D01024 | 5.08% |
| 3 | Larsen & Toubro Ltd. INE018A01030 | 4.52% |
| 4 | Maruti Suzuki India Ltd. INE585B01010 | 4.31% |
| 5 | Tata Motors Passenger Vehicles Ltd. INE155A01022 | 4.29% |
| 6 | Tata Motors Ltd. INE1TAE01010 | 3.87% |
| 7 | Apollo Hospitals Enterprise Ltd. INE437A01024 | 3.19% |
| 8 | NTPC Ltd. INE733E01010 | 3.13% |
| 9 | Carraro India Ltd. INE0V7W01012 | 3.07% |
| 10 | Garware Hi-Tech Films Ltd. INE291A01017 | 2.79% |
| 11 | Bharat Bijlee Ltd. INE464A01036 | 2.74% |
| 12 | KSH International Ltd. INE987S01020 | 2.70% |
| 13 | Schneider Electric Infrastructure Ltd. INE839M01018 | 2.45% |
| 14 | NLC India Ltd. INE589A01014 | 2.38% |
| 15 | Mahindra Lifespace Developers Ltd. INE813A01018 | 2.12% |
| 16 | Schaeffler India Ltd. INE513A01022 | 2.10% |
| 17 | Cummins India Ltd. INE298A01020 | 2.07% |
| 18 | Mahindra & Mahindra Ltd. INE101A01026 | 2.01% |
| 19 | Grasim Industries Ltd. INE047A01021 | 2.00% |
| 20 | Siemens Energy India Ltd. INE1NPP01017 | 1.95% |
Sector Allocation
Industrial Products12.1%
Automobiles10.6%
Electrical Equipment9.7%
Auto Components9.2%
Telecom - Services7.3%
Power6.9%
Construction6.4%
Agricultural, Commercial & Construction Vehicles3.9%
Cement & Cement Products3.9%
Aerospace & Defense3.6%
Top 10 sectors by % to NAV. Excludes derivatives.