EquitySectoral/ ThematicRegularGrowthVery High

Mirae Asset Infrastructure Fund

Q: What is the NAV of Mirae Asset Infrastructure Fund?

As of 05 Oct 2026, the NAV of Mirae Asset Infrastructure Fund is ₹11.05 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Mirae Asset Infrastructure Fund delivered?

Mirae Asset Infrastructure Fund has returned +12.18% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Mirae Asset Infrastructure Fund?

Mirae Asset Infrastructure Fund charges an expense ratio of 2.64% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Mirae Asset Infrastructure Fund?

Mirae Asset Infrastructure Fund's largest holdings are Larsen & Toubro Ltd. (6.0%), Adani Ports and Special Economic Zone Ltd. (5.0%), NTPC Ltd. (3.8%), Interglobe Aviation Ltd. (3.5%) and Bharat Heavy Electricals Ltd. (3.4%). Holdings are disclosed monthly and change over time.

Q: How risky is Mirae Asset Infrastructure Fund?

Mirae Asset Infrastructure Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 18.2% and its worst peak-to-trough fall in our sample was -12.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of Mirae Asset Infrastructure Fund?

Mirae Asset Infrastructure Fund is benchmarked against the BSE Infrastructure Index (TRI).. Its alpha and beta on this page are measured against that index.

Q: Who manages Mirae Asset Infrastructure Fund?

Mirae Asset Infrastructure Fund is managed by Bharti Sawant at Mirae Asset.

Q: How is Mirae Asset Infrastructure Fund taxed?

Mirae Asset Infrastructure Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Mirae Asset Mutual Fund · Best Sectoral & Thematic Mutual Funds

NAV

₹11.05

+0.75% 1D

as of 05 Oct 2026

This is the Regular plan of Mirae Asset Infrastructure Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

Compare SIP calculator

Performance

+12.18%absolute

52-week rangePrev NAV ₹10.97

Latest ₹11.05

Low ₹9.1481st percentile of its 52-week rangeHigh ₹11.50

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough Sectoral/ Thematic peers to rank yet

RiskHigh

Volatility 18.2% vs 15.6% category avg

CostAverage

2.6% expense vs 2.5% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Ahead of the Sectoral/ Thematic average on 1M/3M/6M

Concerns

More volatile than its Sectoral/ Thematic peers (18.2% vs 15.6%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.64%

Category 2.46%▲0.18%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

23.92

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category 0.36

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

If redeemed within 1 month (30 days) from the date of allotment: 1% If redeemed after 1 month (30 days) from the date of allotment: NIL

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

BSE Infrastructure Index (TRI).

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

08 Dec 2025

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-3.10%

Absolute return over the last 3 months (not annualized)

+0.32%

Absolute return over the last 6 months (not annualized)

+17.49%

Absolute return since 1 Jan of this year (not annualized)

+9.90%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+12.18%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

18.16%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-12.37%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

—

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 500 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Sectoral/ Thematic)

Period	Fund	Category avg.	Diff
1M abs	-3.10%	-4.58%	+1.48%
3M abs	+0.32%	-2.63%	+2.95%
6M abs	+17.49%	+11.37%	+6.12%
1Y CAGR	—	+2.14%	—
3Y CAGR	—	+12.50%	—
5Y CAGR	—	+10.82%	—

Category average across peers in Sectoral/ Thematic (up to 255 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹90.00K

Current value

₹93.68K

Absolute

+4.08%

XIRR

+12.56%

Value vs. invested

ValueInvested

9 monthly installments of ₹10,000 into Mirae Asset Infrastructure Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	+9.90%	-7.18%	+17.08%
2025part	+2.08%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

204

Expense ratio

2.64%

AUM

₹406.44Cr

Portfolio turnover

30%

Exit load

If redeemed within 1 month (30 days) from the date of allotment: 1% If redeemed after 1 month (30 days) from the date of allotment: NIL

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

23.9

P/B ratio

5.6

Avg market cap

₹1,90,040Cr

P/E & P/B are portfolio-weighted harmonic means across 34 of 46 equity holdings (76% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Sectoral/ Thematic

Compare all


Mirae Asset Infrastructure FundThis fund Mirae Asset · Regular · Growth	—	—	—	—	—	2.64%	₹406.44Cr
Nippon India Taiwan Equity Fund Nippon India · Regular · Growth	★★★★☆	+125.07%	+61.55%	—	—	2.34%	₹1,110Cr
HDFC Defence Fund HDFC · Regular · Growth	★★★★☆	+19.02%	+34.59%	—	—	1.79%	₹9,371Cr
HDFC Pharma and Healthcare Fund HDFC · Regular · Growth	★★★★★	+24.17%	+28.28%	—	—	2.11%	₹2,282Cr
Franklin Asian Equity Fund Franklin Templeton · Regular · Growth	★★★☆☆	+31.28%	+23.90%	+8.86%	—	2.47%	₹720.84Cr
Nippon India Japan Equity Fund Nippon India · Regular · Growth	★★★☆☆	+28.99%	+22.97%	+10.76%	—	2.50%	₹330.20Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap50.3%
Mid cap14.3%
Small cap35.4%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity98.02%
Cash & Equivalents1.98%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
HDFC Infrastructure Fund HDFC · Sectoral/ Thematic	43.8%	★★☆☆☆	1.33%	+12.97%
Sundaram Infrastructure Advantage Fund Sundaram · Sectoral/ Thematic	40.2%	★★☆☆☆	1.81%	+14.43%
HSBC Infrastructure Fund HSBC · Sectoral/ Thematic	39.3%	★★★☆☆	1.11%	+15.43%
Nippon India Power & Infra Fund Nippon India · Sectoral/ Thematic	38.8%	★★★☆☆	1.10%	+17.36%
Canara Robeco Infrastructure Fund Canara Robeco · Sectoral/ Thematic	37.4%	★★★☆☆	1.17%	+17.82%
Aditya Birla Sun Life Infrastructure Fund Aditya Birla Sun Life · Sectoral/ Thematic	36.4%	★★★☆☆	1.50%	+16.35%
UTI - Infrastructure Fund UTI · Sectoral/ Thematic	35.6%	★★☆☆☆	2.00%	+11.53%
Tata Infrastructure Fund Tata · Sectoral/ Thematic	31.4%	★★☆☆☆	1.23%	+12.03%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

1 holding — 2.87% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

Welspun Corp LimitedLong-term · Stage I2.87%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-12.4%18 Feb 2026 → 30 Mar 2026
Fell over 40 days, back to the old high on 17 Apr 2026 — 18 days under water after the low.
-8.5%05 Jan 2026 → 23 Jan 2026
Fell over 18 days, back to the old high on 09 Feb 2026 — 17 days under water after the low.
-5.1%27 May 2026 → 11 Jun 2026
Fell over 15 days, back to the old high on 18 Jun 2026 — 7 days under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹406.44Cr

April - June 2026

+15%

since January - March 2026

+₹39.27Cr

est. net flow, last quarter

At or near its largest, ₹406.44Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Mirae Asset Mutual Fund is the Indian arm of Mirae Asset, the South Korean manager, and has operated here since 2008. Its growth came largely from a small number of large equity schemes rather than a wide line-up.

Launched

29 Nov 2007

Total AUM

₹2,37,421Cr+5.5% QoQ

Avg AUM · July - September 2026

Website

miraeassetmf.co.in

Fund Managers

BSBharti SawantStart date not disclosed

Role

Fund Manager

Education

(ICFAI Hyderabad), CFA, B. Com

Experience

Ms. Sawant has professional experience of more than 18 years and her primary responsibility includes Investment Analysis & Fund Management. She has been associated with the AMC as an Investment Analyst since September 3, 2013. She was previously associated with Sushil Finance Securities Pvt. Ltd., Latin Manharlal Securities Pvt. Ltd., Kabu Shares & Stocking Pvt. Ltd. for Financial Analysis and Research.

Funds managed (2)

All schemes Bharti Sawant runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Bharti Sawant

Top holdings

Larsen & Toubro Ltd.Adani Ports and Special Economic Zone Ltd.NTPC Ltd.Interglobe Aviation Ltd.Bharat Heavy Electricals Ltd.Shiprocket Ltd.Kusumgar Ltd.Lodha Developers Ltd.JSW Energy Ltd.Power Finance Corporation Ltd.Welspun Corp Ltd.Bharti Airtel Ltd.

Mirae Asset in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Sectoral & Thematic funds

Sectoral and thematic funds must keep at least 80% in the equity of one sector (banking, pharma, technology) or one theme (consumption, manufacturing, ESG). That concentration is the point and the risk: with no mandate to diversify away from the sector, the fund rises and falls with it.

Frequently asked questions

What is the NAV of Mirae Asset Infrastructure Fund?

As of 05 Oct 2026, the NAV of Mirae Asset Infrastructure Fund is ₹11.05 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Mirae Asset Infrastructure Fund delivered?

Mirae Asset Infrastructure Fund has returned +12.18% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Mirae Asset Infrastructure Fund?

Mirae Asset Infrastructure Fund charges an expense ratio of 2.64% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Mirae Asset Infrastructure Fund?

Mirae Asset Infrastructure Fund's largest holdings are Larsen & Toubro Ltd. (6.0%), Adani Ports and Special Economic Zone Ltd. (5.0%), NTPC Ltd. (3.8%), Interglobe Aviation Ltd. (3.5%) and Bharat Heavy Electricals Ltd. (3.4%). Holdings are disclosed monthly and change over time.

How risky is Mirae Asset Infrastructure Fund?

Mirae Asset Infrastructure Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 18.2% and its worst peak-to-trough fall in our sample was -12.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Mirae Asset Infrastructure Fund?

Mirae Asset Infrastructure Fund is benchmarked against the BSE Infrastructure Index (TRI).. Its alpha and beta on this page are measured against that index.

Who manages Mirae Asset Infrastructure Fund?

Mirae Asset Infrastructure Fund is managed by Bharti Sawant at Mirae Asset.

How is Mirae Asset Infrastructure Fund taxed?

Mirae Asset Infrastructure Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.