SBI Infrastructure Fund
The fund remains heavily concentrated in infrastructure plays, with nearly 56 percent of capital locked in its top ten holdings—a deliberate bet on India's capex cycle and energy transition. Power and related sectors dominate the allocation at over 40 percent combined, signaling conviction that utilities and renewable infrastructure will drive near-term returns. Recent additions of PFC and G.R. Infra, alongside slight profit-taking in Reliance, suggest the manager is selectively rotating toward pure-play infrastructure financiers and project executors while maintaining the core energy exposure that delivered this month's strong 7 percent gains.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹55.0396 | +3.99% | — | — | — |
| Regular Growth | ₹50.6081 | +3.92% | +2.25% | +20.35% | +20.29% |
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 |
|---|---|
| Power Finance Corporation Ltd. | 1.87% |
| G R Infra projects Ltd. | 0.45% |
| 91 DAY T-BILL 30.07.26 | 1.03% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Reliance Industries Ltd. INE002A01018 | 10.72% |
| 2 | Bharti Airtel Ltd. INE397D01024 | 7.07% |
| 3 | Adani Energy Solutions Ltd. INE931S01010 | 5.87% |
| 4 | Larsen & Toubro Ltd. INE018A01030 | 5.85% |
| 5 | Shree Cement Ltd. INE070A01015 | 5.04% |
| 6 | TREPS | 4.47% |
| 7 | Torrent Power Ltd. INE813H01021 | 4.34% |
| 8 | Adani Ports and Special Economic Zone Ltd. INE742F01042 | 4.14% |
| 9 | Siemens Ltd. INE003A01024 | 3.96% |
| 10 | NTPC Ltd. INE733E01010 | 3.74% |
| 11 | Oil & Natural Gas Corporation Ltd. INE213A01029 | 3.74% |
| 12 | Grindwell Norton Ltd. INE536A01023 | 3.28% |
| 13 | State Bank of India INE062A01020 | 3.11% |
| 14 | Bharat Heavy Electricals Ltd. INE257A01026 | 2.93% |
| 15 | Ultratech Cement Ltd. INE481G01011 | 2.89% |
| 16 | Adani Power Ltd. INE814H01029 | 2.82% |
| 17 | Ahluwalia Contracts (India) Ltd. INE758C01029 | 2.23% |
| 18 | Powerica Ltd. INE921L01032 | 1.89% |
| 19 | Power Finance Corporation Ltd. INE134E01011 | 1.87% |
| 20 | Kalpataru Ltd. INE227J01012 | 1.69% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does SBI Infrastructure Fund hold?
SBI Infrastructure Fund holds 36 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 34.55% of NAV.
What is the largest holding in SBI Infrastructure Fund?
The largest position in SBI Infrastructure Fund is Reliance Industries Ltd., accounting for 10.72% of NAV in the Petroleum Products sector.
Is SBI Infrastructure Fund a concentrated or diversified fund?
With a Gini coefficient of 0.401, SBI Infrastructure Fund is well-diversified. The HHI concentration index is 42,437 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 34.55% of the portfolio.
What is the market cap allocation of SBI Infrastructure Fund?
Based on SEBI's AMFI classification, SBI Infrastructure Fund's equity portfolio is split as: Large Cap: 58.75%, Mid Cap: 12.31%, Small Cap: 21.63%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does SBI Infrastructure Fund invest in most?
SBI Infrastructure Fund has the highest allocation to Power (16.77%), Petroleum Products (10.72%), Cement & Cement Products (10.23%). The fund is invested across 19 sectors in total.
How actively managed is SBI Infrastructure Fund compared to other Sectoral / Thematic funds?
SBI Infrastructure Fund has an Active Share of 85.62%, 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 SBI Infrastructure Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, SBI Infrastructure Fund added 3 new stocks (including Power Finance Corporation Ltd.) and exited 1 stock (including Margin amount for Derivative positions). Total holding count increased from 36 to 38 stocks.