Bandhan Infrastructure Fund vs Mirae Asset Nifty India Infrastructure & Logistics ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Bandhan Infrastructure Fund is a Sectoral fund and Mirae Asset Nifty India Infrastructure & Logistics ETF is an ETF fund. Bandhan Infrastructure Fund charges 1.07% a year and Mirae Asset Nifty India Infrastructure & Logistics ETF 0.37%. Their portfolios overlap 40.5%: they hold 29 of the same securities.
Mirae Asset Nifty India Infrastructure & Logistics ETF
ETF
- Expense ratio
- 0.37%
- NAV
- ₹11.15
Which is better, Bandhan Infrastructure or Mirae Asset Nifty India Infrastructure & Logistics ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Mirae Asset Nifty India Infrastructure & Logistics ETF costs less: 0.37% a year against 1.07%.
- Bandhan Infrastructure fell less in its worst fall since 13-02-2026: −13.4% against −13.6%.
- Mirae Asset Nifty India Infrastructure & Logistics ETF holds more in large companies: 66.0% of the fund in large caps against 48.7%.
- Bandhan Infrastructure is the larger fund: ₹1,433 Cr against ₹11 Cr.
- Their portfolios overlap 40.5%: 29 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Bandhan Infrastructure Fund | Mirae Asset Nifty India Infrastructure & Logistics ETF |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Mirae Asset Mutual Fund |
| Category | Sectoral | ETF |
| AUM | ₹1,433 Cr (31-08-2026) | ₹11 Cr (30-09-2026) |
| NAV | ₹54.04 (Direct) | ₹11.15 |
| Expense ratio (Direct) | 1.07% | Not available |
| Expense ratio (Regular) | 2.28% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | BSE India Infrastructure TRI | Nifty India Infrastructure & Logistics TRI |
| Launch date | 08-03-2011 | 12-02-2026 |
| Minimum investment | ₹1,000 | On exchange in multiple of 1 unit. With AMC: In multiples of 5,000 units |
| Lock in | None | None |
| Fund managers | Vishal Biraia | Ekta Gala, amp, Vishal Singh |
| Exit load | Exit load of 0.5%, if redeemed within 30 days. | NIL |
Bandhan Infrastructure vs Mirae Asset Nifty India Infrastructure & Logistics ETF: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Bandhan Infrastructure Fund (Direct) | −4.22% | −7.11% | −5.94% | −8.50% | +14.28% | +14.82% | +15.01% |
| Mirae Asset Nifty India Infrastructure & Logistics ETF | −3.12% | −7.16% | −6.63% | -- | -- | -- | -- |
| Sectoral average | −1.70% | −4.49% | +2.30% | −0.58% | +15.61% | +14.51% | +14.77% |
Category average: the average of the 20 Sectoral funds, same plan type.
Bandhan Infrastructure vs Mirae Asset Nifty India Infrastructure & Logistics ETF: Year-wise Returns
| Year | Bandhan InfrastructureBandhan Infrastructure | Mirae Asset Nifty India Infrastructure & Logistics ETFMirae Asset Nifty India Infrastructure & Logistics ETF |
|---|---|---|
| 2026to date | −4.62% | -- |
| 2025 | −5.76% | -- |
| 2024 | +41.04% | -- |
| 2023 | +52.16% | -- |
| 2022 | +2.91% | -- |
| 2021 | +66.89% | -- |
Bandhan Infrastructure vs Mirae Asset Nifty India Infrastructure & Logistics ETF: Rolling Returns
Every holding period of both funds, against BSE India Infrastructure Index TRI, the benchmark of Bandhan Infrastructure Fund
Bandhan Infrastructure vs Mirae Asset Nifty India Infrastructure & Logistics ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Infrastructure Fund (Direct) | Mirae Asset Nifty India Infrastructure & Logistics ETF |
|---|---|---|
| Return (CAGR) | +13.92% | −2.64% |
| Standard deviation | 18.87% | 18.87% |
| Sharpe ratio | 0.42 | -0.42 |
| Sortino ratio | 0.56 | -0.56 |
| Maximum drawdown | −56.9% (24-03-2020) | −13.6% (23-10-2026) |
| Beta | 0.79 | 1.00 |
| Alpha | +2.08% | −0.26% |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Bandhan Infrastructure Fund (Direct)
Mirae Asset Nifty India Infrastructure & Logistics ETF
BSE India Infrastructure Index TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Infrastructure Fund (Direct) | −13.4% | 18-02-2026 | 31-03-2026 | 17-04-2026 | 17 days | −10.6% |
| Mirae Asset Nifty India Infrastructure & Logistics ETF | −13.6% | 22-06-2026 | 23-10-2026 | Not yet | -- | −11.0% |
| BSE India Infrastructure Index TRI | −17.9% | 07-05-2026 | 23-10-2026 | Not yet | -- | −14.7% |
From daily values since 13-02-2026, the first day every fund has.
Bandhan Infrastructure vs Mirae Asset Nifty India Infrastructure & Logistics ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Infrastructure Fund, August 2026; Mirae Asset Nifty India Infrastructure & Logistics ETF, September 2026
Holdings in common
- Overlap
- 40.5%
- Held by both
- 29
- Only in Bandhan Infrastructure
- 38
- Only in Mirae Asset Nifty India Infrastructure & Logistics ETF
- 71
| Security | % of Bandhan Infrastructure | % of Mirae Asset Nifty India Infrastructure & Logistics ETF |
|---|---|---|
| Larsen & Toubro Limited | 6.15% | 4.93% |
| UltraTech Cement Limited | 3.88% | 4.03% |
| Bharti Airtel Limited | 3.80% | 5.01% |
| Bharat Electronics Limited | 3.79% | 4.33% |
| InterGlobe Aviation Limited | 3.96% | 3.51% |
| Adani Ports and Special Economic Zone Limited | 3.41% | 4.38% |
| NTPC Limited | 3.36% | 4.77% |
| Tata Power Company Limited | 1.36% | 1.88% |
| Adani Energy Solutions Limited | 3.08% | 1.33% |
| GAIL (India) Limited | 1.28% | 1.43% |
| Hitachi Energy India Limited | 1.68% | 1.19% |
| CG Power and Industrial Solutions Limited | 1.11% | 1.82% |
| GMR Airports Limited | 0.97% | 1.03% |
| JSW Energy Limited | 0.86% | 0.94% |
| NHPC Limited | 1.90% | 0.85% |
| Adani Power Limited | 0.81% | 2.64% |
| Torrent Power Limited | 1.21% | 0.74% |
| Ambuja Cements Limited | 0.65% | 0.73% |
| Cummins India Limited | 0.48% | 2.00% |
| Siemens Energy India Limited | 0.39% | 0.88% |
| Siemens Limited | 0.33% | 1.02% |
| Azad Engineering Ltd | 3.32% | 0.26% |
| IRB Infrastructure Developers Limited | 0.60% | 0.21% |
| Power Grid Corporation of India Limited | 0.20% | 3.67% |
| Mahanagar Gas Limited | 0.98% | 0.19% |
| Vedanta Power Ltd | 0.59% | 0.17% |
| NCC Limited | 0.85% | 0.16% |
| KEC International Limited | 1.35% | 0.15% |
| GE Vernova T&D India Limited | 0.15% | 1.62% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40.5% means 40.5% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Bandhan Infrastructure Fund
| Security | % of fund |
|---|---|
| Kirloskar Brothers Limited | 5.06% |
| Reliance Industries Limited | 4.81% |
| GPT Infraprojects Limited | 3.66% |
| PTC India Financial Services Limited | 2.34% |
| PTC Industries Limited | 2.24% |
Largest holdings only in Mirae Asset Nifty India Infrastructure & Logistics ETF
| Security | % of fund |
|---|---|
| Grasim Industries Ltd. | 3.59% |
| Hindustan Aeronautics Ltd. | 2.75% |
| Tata Motors Ltd. | 2.74% |
| Bharat Heavy Electricals Ltd. | 1.88% |
| Suzlon Energy Ltd. | 1.49% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Infrastructure | Mirae Asset Nifty India Infrastructure & Logistics ETF |
|---|---|---|
| Equity | 98.3% | 99.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.7% | 0.2% |
Market cap of stocks
| Market cap | Bandhan Infrastructure | Mirae Asset Nifty India Infrastructure & Logistics ETF |
|---|---|---|
| Large Cap | 48.7% | 66.0% |
| Mid Cap | 9.4% | 21.0% |
| Small Cap | 40.1% | 12.2% |
| Not on AMFI's list | 0.1% | 0.6% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Bandhan Infrastructure | Mirae Asset Nifty India Infrastructure & Logistics ETF |
|---|---|---|
| Power | 14.8% | 19.9% |
| Construction | 18.6% | 7.2% |
| Electrical Equipment | 7.3% | 13.0% |
| Cement & Cement Products | 4.5% | 10.9% |
| Telecom - Services | 4.6% | 9.2% |
| Industrial Products | 9.2% | 3.0% |
| Aerospace & Defense | 6.2% | 8.2% |
| Transport Services | 5.9% | 5.4% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Infrastructure vs Mirae Asset Nifty India Infrastructure & Logistics ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Infrastructure Fund | Mirae Asset Nifty India Infrastructure & Logistics ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.07% | Not available |
| Base expense ratio (Direct) | 0.81% | 0.00% |
| Total expense ratio (Regular) | 2.28% | Not available |
| Base expense ratio (Regular) | 1.85% | 0.22% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Bandhan Infrastructure Fund vs Mirae Asset Nifty India Infrastructure & Logistics ETF: Frequently Asked Questions
What is the difference between Bandhan Infrastructure Fund and Mirae Asset Nifty India Infrastructure & Logistics ETF?
Bandhan Infrastructure Fund is a Sectoral fund, Mirae Asset Nifty India Infrastructure & Logistics ETF is an ETF fund, run by Bandhan Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 40.5%. Bandhan Infrastructure Fund charges 1.07% a year and Mirae Asset Nifty India Infrastructure & Logistics ETF 0.37%.
Which has the lower expense ratio, Bandhan Infrastructure Fund or Mirae Asset Nifty India Infrastructure & Logistics ETF?
Mirae Asset Nifty India Infrastructure & Logistics ETF charges less: 0.37% a year against 1.07%. These are the total expense ratios reported to AMFI.
How much do Bandhan Infrastructure Fund and Mirae Asset Nifty India Infrastructure & Logistics ETF overlap?
40.5%. They hold 29 of the same securities, the largest shared ones being LT, ULTRACEMCO, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Infrastructure Fund or Mirae Asset Nifty India Infrastructure & Logistics ETF?
On SEBI's riskometer, Bandhan Infrastructure Fund is rated Very High and Mirae Asset Nifty India Infrastructure & Logistics ETF Very High. Over their common history, the standard deviation of daily returns was 18.87% and 18.87% a year.
Can I invest in both Bandhan Infrastructure Fund and Mirae Asset Nifty India Infrastructure & Logistics ETF?
Yes. 40.5% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Bandhan Infrastructure Fund and Mirae Asset Nifty India Infrastructure & Logistics ETF?
Bandhan Infrastructure Fund: Vishal Biraia. Mirae Asset Nifty India Infrastructure & Logistics ETF: Ekta Gala, amp, Vishal Singh.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.