# Infrastructure mutual funds compared

Source page: https://www.rudowealth.com/mutual-funds/category/infrastructure-funds

Infrastructure funds put at least 80% of their assets in companies that build or run infrastructure, such as construction, power, ports and roads. (SEBI categorisation of mutual fund schemes, 6 October 2017, as amended.)

All 24 infrastructure funds, Direct plan, Growth option, NAV as of 2026-10-07. Every figure is worked out from each fund's own NAV.

Category averages: 3-year return +14.5% a year, 5-year return +16.7% a year (both annualised), volatility over 3 years 19.5%, expense ratio 1.27%.

| Rank | Fund | 1Y | 3Y (annualised) | 5Y (annualised) | Volatility 3Y | Worst fall 5Y | Expense ratio | Fund size |
|---|---|---|---|---|---|---|---|---|
| 1 | [LIC MF Infrastructure Fund-Direct Plan-Growth](https://www.rudowealth.com/mutual-funds/lic-mf-infrastructure-fund-direct-plan-growth) | +7.6% | +22.5% | +21.1% | 22.5% | -26.7% | 1.35% | ₹1,174 Cr |
| 2 | [Bank of India Manufacturing & Infrastructure Fund-Direct Plan-Growth](https://www.rudowealth.com/mutual-funds/bank-of-india-manufacturing-infrastructure-fund-direct-plan-growth) | +17.2% | +21.7% | +20.4% | 17.9% | -24.2% | 1.03% | ₹949 Cr |
| 3 | [DSP India T.I.G.E.R. Fund - Direct Plan - Growth](https://www.rudowealth.com/mutual-funds/dsp-india-t-i-g-e-r-fund-direct-plan-growth) | +11.5% | +19.3% | +20.3% | 19.9% | -25.8% | 1.06% | ₹6,467 Cr |
| 4 | [ICICI Prudential Infrastructure Fund - Direct Plan -  Growth](https://www.rudowealth.com/mutual-funds/icici-prudential-infrastructure-fund-direct-plan-growth) | -1.3% | +16.2% | +19.3% | 17.6% | -19.1% | 1.30% | ₹8,558 Cr |
| 5 | [Nippon India Power & Infra Fund - Direct Plan Growth Plan - Growth Option](https://www.rudowealth.com/mutual-funds/nippon-india-power-infra-fund-direct-plan-growth-plan-growth-option) | +6.2% | +17.3% | +19.3% | 20.3% | -25.6% | 1.13% | ₹8,137 Cr |
| 6 | [Canara Robeco Infrastructure Fund - Direct Plan - Growth Option](https://www.rudowealth.com/mutual-funds/canara-robeco-infrastructure-fund-direct-plan-growth-option) | -0.6% | +17.7% | +18.4% | 19.5% | -23.3% | 1.11% | ₹987 Cr |
| 7 | [Invesco India Infrastructure Fund - Direct Plan - Growth Option](https://www.rudowealth.com/mutual-funds/invesco-india-infrastructure-fund-direct-pan-growth-option) | +4.8% | +18.2% | +18.1% | 23.3% | -26.6% | 1.19% | ₹1,548 Cr |
| 8 | [Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option](https://www.rudowealth.com/mutual-funds/kotak-infrastructure-economic-reform-fund-direct-plan-growth-option) | +6.9% | +16.2% | +18.0% | 21.2% | -27.7% | 0.84% | ₹2,493 Cr |
| 9 | [HDFC Infrastructure Fund - Growth Option - Direct Plan](https://www.rudowealth.com/mutual-funds/hdfc-infrastructure-fund-growth-option-direct-plan) | -5.2% | +12.8% | +17.8% | 17.6% | -21.3% | 1.35% | ₹2,325 Cr |
| 10 | [HSBC Infrastructure Fund - Direct Growth](https://www.rudowealth.com/mutual-funds/hsbc-infrastructure-fund-direct-growth) | +8.6% | +15.6% | +17.4% | 21.1% | -25.3% | 1.08% | ₹2,466 Cr |
| 11 | [Quant Infrastructure Fund - Growth Option-Direct Plan](https://www.rudowealth.com/mutual-funds/quant-infrastructure-fund-growth-option-direct-plan) | +7.4% | +16.9% | +17.0% | 24.3% | -27.1% | 1.09% | ₹3,164 Cr |
| 12 | [Aditya Birla Sun Life Infrastructure Fund - Growth - Direct Plan](https://www.rudowealth.com/mutual-funds/aditya-birla-sun-life-infrastructure-fund-growth-direct-plan) | +12.7% | +16.4% | +16.9% | 19.3% | -24.4% | 1.53% | ₹1,251 Cr |
| 13 | [Franklin Build India Fund - Direct - Growth](https://www.rudowealth.com/mutual-funds/franklin-build-india-fund-direct-growth) | -3.7% | +14.6% | +16.8% | 17.6% | -20.3% | 1.13% | ₹3,152 Cr |
| 14 | [Bandhan Infrastructure Fund-Direct Plan-Growth](https://www.rudowealth.com/mutual-funds/bandhan-infrastructure-fund-direct-plan-growth) | -3.4% | +14.5% | +16.0% | 22.8% | -28.8% | 1.04% | ₹1,433 Cr |
| 15 | [Tata Infrastructure Fund -Direct Plan Growth](https://www.rudowealth.com/mutual-funds/tata-infrastructure-fund-direct-plan-growth) | +2.6% | +11.7% | +15.3% | 20.3% | -29.8% | 1.23% | ₹2,022 Cr |
| 16 | [SBI Infrastructure Fund -  Direct Plan - Growth](https://www.rudowealth.com/mutual-funds/sbi-infrastructure-fund-direct-plan-growth) | +0.7% | +11.9% | +15.0% | 18.8% | -23.2% | 1.18% | ₹4,810 Cr |
| 17 | [Sundaram Infrastructure Advantage Fund Direct Plan - Growth](https://www.rudowealth.com/mutual-funds/sundaram-infrastructure-advantage-fund-direct-plan-growth) | +1.4% | +14.4% | +14.1% | 18.1% | -22.6% | 1.78% | ₹971 Cr |
| 18 | [UTI Infrastructure Fund-Growth Option- Direct](https://www.rudowealth.com/mutual-funds/uti-infrastructure-fund-growth-option-direct) | -1.7% | +11.5% | +12.5% | 17.2% | -21.3% | 1.90% | ₹2,118 Cr |
| 19 | [HDFC Housing Opportunities Fund  - Growth Option - Direct Plan](https://www.rudowealth.com/mutual-funds/hdfc-housing-opportunities-fund-growth-option-direct-plan) | -7.7% | +7.9% | +10.3% | 18.0% | -23.1% | 1.40% | ₹1,167 Cr |
| 20 | [Taurus Infrastructure Fund - Direct Plan - Growth](https://www.rudowealth.com/mutual-funds/taurus-infrastructure-fund-direct-plan-growth) | -14.1% | +6.0% | +9.1% | 18.6% | -25.3% | 2.04% | ₹9 Cr |
| 21 | [ICICI Prudential Housing Opportunities Fund - Direct Plan Growth](https://www.rudowealth.com/mutual-funds/icici-prudential-housing-opportunities-fund-direct-plan-growth) | -4.7% | +9.9% | N/A | 15.1% | N/A | 1.20% | ₹2,728 Cr |
| 22 | [Tata Housing Opportunities Fund - Direct Plan - Growth](https://www.rudowealth.com/mutual-funds/tata-housing-opportunities-fund-direct-plan-growth) | -4.0% | +6.4% | N/A | 18.8% | N/A | 1.16% | ₹478 Cr |
| 23 | [Motilal Oswal Infrastructure Fund-Direct-Growth](https://www.rudowealth.com/mutual-funds/motilal-oswal-infrastructure-fund-direct-growth) | +5.3% | N/A | N/A | N/A | N/A | 1.65% | ₹150 Cr |
| 24 | [Mirae Asset Infrastructure Fund - Direct Plan - Growth](https://www.rudowealth.com/mutual-funds/mirae-asset-infrastructure-fund-direct-plan-growth) | N/A | N/A | N/A | N/A | N/A | 0.82% | ₹489 Cr |

Ordered by 5-year annualised return, highest first; funds younger than 5 years follow by 3-year, then 1-year return. Volatility is the annualised standard deviation of monthly returns. Worst fall is the largest drop from a peak in the last 5 years. We do not label any fund as the best.

Investing from the UAE: NRIs can generally invest once KYC is complete, paying from an NRE or NRO bank account. Some fund houses do not accept residents of the United States or Canada. The UAE does not levy personal income tax, and the India UAE tax treaty may affect how gains are treated, so confirm your own position with a tax adviser.

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General information, not a recommendation to buy or sell any fund. Past performance does not indicate future returns.