Bandhan Infrastructure Fund vs Sundaram Infrastructure Advantage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan Infrastructure Fund is a Sectoral fund and Sundaram Infrastructure Advantage Fund is a Thematic fund. In the 3 years to 30-10-2026, Bandhan Infrastructure Fund (Direct) returned 14.3% a year and Sundaram Infrastructure Advantage Fund (Direct) returned 14.5% a year. Bandhan Infrastructure Fund charges 1.07% a year and Sundaram Infrastructure Advantage Fund 1.82% (Direct plans). Their portfolios overlap 35.4%: they hold 18 of the same securities.
Bandhan Infrastructure Fund
Sectoral
- 3 year return
- 14.3%
- Expense ratio
- 1.07%
- NAV
- ₹54.04
Sundaram Infrastructure Advantage Fund
Thematic
- 3 year return
- 14.5%
- Expense ratio
- 1.82%
- NAV
- ₹100.89
Which is better, Bandhan Infrastructure or Sundaram Infrastructure Advantage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bandhan Infrastructure returned more over 5 years: 14.8% a year against 13.4%.
- Sundaram Infrastructure Advantage returned more over 3 years: 14.5% a year against 14.3%.
- Bandhan Infrastructure costs less: 1.07% a year against 1.82% (Direct plans).
- Sundaram Infrastructure Advantage swung less over 3 years: a standard deviation of 16.7% a year against 19.2%.
- Sundaram Infrastructure Advantage fell less in its worst fall since 07-04-2014: −50.6% against −56.9%.
- Sundaram Infrastructure Advantage holds more in large companies: 61.1% of the fund in large caps against 48.7%.
- Bandhan Infrastructure is the larger fund: ₹1,433 Cr against ₹922 Cr.
- Their portfolios overlap 35.4%: 18 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 | Sundaram Infrastructure Advantage Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Sundaram Mutual Fund |
| Category | Sectoral | Thematic |
| AUM | ₹1,433 Cr (31-08-2026) | ₹922 Cr (30-09-2026) |
| NAV | ₹54.04 (Direct) | ₹100.89 (Direct) |
| Expense ratio (Direct) | 1.07% | 1.82% |
| Expense ratio (Regular) | 2.28% | 2.34% |
| Riskometer | Very High | Very High |
| Benchmark | BSE India Infrastructure TRI | Nifty Infrastructure TRI |
| Launch date | 08-03-2011 | 01-09-2005 |
| Minimum investment | ₹1,000 | For both Regular and Direct Plan Rs. 100/– |
| Lock in | None | None |
| Fund managers | Vishal Biraia | Siddarth Mohta, Shalav Saket |
| Exit load | Exit load of 0.5%, if redeemed within 30 days. | 0.5% - For redemption, withdrawn by way of SWP or transfer by way of Switch/STP within 30 days from the date of allotment. NIL - For redemption or withdrawn by way of SWP or transfer by way of Switch/STP after 30 days from the date of allotment Further, exit load will be waived on Intra-scheme Switch-outs/STP. Generally, the exit load will be calculated on First in First out (FIFO) basis. |
Bandhan Infrastructure vs Sundaram Infrastructure Advantage: 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% |
| Sundaram Infrastructure Advantage Fund (Direct) | −2.95% | −7.01% | −8.20% | −3.75% | +14.51% | +13.40% | +13.70% |
| Sectoral average | −1.70% | −4.49% | +2.30% | −0.58% | +15.61% | +14.51% | +14.77% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 20 Sectoral funds and the 235 Thematic funds, same plan type.
Bandhan Infrastructure vs Sundaram Infrastructure Advantage: Year-wise Returns
| Year | Bandhan InfrastructureBandhan Infrastructure | Sundaram Infrastructure AdvantageSundaram Infrastructure Advantage |
|---|---|---|
| 2026to date | −4.62% | −2.69% |
| 2025 | −5.76% | +4.69% |
| 2024 | +41.04% | +24.57% |
| 2023 | +52.16% | +42.48% |
| 2022 | +2.91% | +2.65% |
| 2021 | +66.89% | +50.24% |
Bandhan Infrastructure vs Sundaram Infrastructure Advantage: Rolling Returns
Every holding period of both funds, against BSE India Infrastructure Index TRI, the benchmark of Bandhan Infrastructure Fund
Rolling returns
Every 3-year holding period, 2,365 of them, one for each trading day from 07-04-2017 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Bandhan Infrastructure Fund (Direct)
Sundaram Infrastructure Advantage Fund (Direct)
BSE India Infrastructure Index TRI
to
Jan 2018Aug 2016
to
Aug 2019Apr 2018
to
Apr 2021Nov 2019
to
Nov 2022Jul 2021
to
Jul 2024Jan 2023
to
Jan 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bandhan Infrastructure | 10.3 | 5.7 | 5.1 | 13.2 | 15.9 | 19.3 | 30.4 | 18.6% | 19.9% | −15.2% | 44.8% | 64% |
| Sundaram Infrastructure Advantage | 9.4 | 5.0 | 11.7 | 17.4 | 17.2 | 20.7 | 18.6 | 15.9% | 16.9% | −11.6% | 39.0% | 47% |
| BSE India Infrastructure Index TRI | 13.5 | 6.3 | 13.1 | 16.7 | 8.4 | 7.2 | 34.9 | 17.5% | 15.5% | −18.3% | 49.6% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE India Infrastructure Index TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 07-04-2014. Past returns do not promise future returns.
Bandhan Infrastructure vs Sundaram Infrastructure Advantage: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-04-2014 to 30-10-2026: 151 instalments, ₹15,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bandhan InfrastructureBandhan Infrastructure Fund (Direct) | ₹15,10,000 | ₹43,14,707 | ₹28,04,707 | 15.6% |
| Sundaram Infrastructure AdvantageSundaram Infrastructure Advantage Fund (Direct) | ₹15,10,000 | ₹39,53,108 | ₹24,43,108 | 14.3% |
Bandhan InfrastructureBandhan Infrastructure Fund (Direct)
Sundaram Infrastructure AdvantageSundaram Infrastructure Advantage Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Bandhan Infrastructure vs Sundaram Infrastructure Advantage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Infrastructure Fund (Direct) | Sundaram Infrastructure Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.50% | −3.75% |
| Standard deviation | 17.56% | 15.09% |
| Sharpe ratio | -0.78 | -0.60 |
| Sortino ratio | -1.05 | -0.81 |
| Maximum drawdown | −17.3% (31-03-2026) | −13.5% (23-10-2026) |
| Beta | 0.94 | 0.93 |
| Alpha | +1.59% | +3.05% |
From daily NAVs, 30-10-2025 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.
| Measure | Bandhan Infrastructure Fund (Direct) | Sundaram Infrastructure Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.28% | +14.51% |
| Standard deviation | 19.20% | 16.72% |
| Sharpe ratio | 0.43 | 0.51 |
| Sortino ratio | 0.57 | 0.67 |
| Maximum drawdown | −28.8% (03-03-2025) | −22.6% (28-02-2025) |
| Beta | 0.76 | 0.94 |
| Alpha | +1.69% | +1.13% |
From daily NAVs, 30-10-2023 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.
| Measure | Bandhan Infrastructure Fund (Direct) | Sundaram Infrastructure Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.82% | +13.40% |
| Standard deviation | 18.24% | 15.95% |
| Sharpe ratio | 0.49 | 0.48 |
| Sortino ratio | 0.66 | 0.63 |
| Maximum drawdown | −28.8% (03-03-2025) | −22.6% (28-02-2025) |
| Beta | 0.76 | 0.92 |
| Alpha | +0.45% | +1.09% |
From daily NAVs, 29-10-2021 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.
| Measure | Bandhan Infrastructure Fund (Direct) | Sundaram Infrastructure Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.92% | +15.22% |
| Standard deviation | 18.87% | 17.29% |
| Sharpe ratio | 0.42 | 0.54 |
| Sortino ratio | 0.56 | 0.73 |
| Maximum drawdown | −56.9% (24-03-2020) | −50.6% (24-03-2020) |
| Beta | 0.79 | 0.82 |
| Alpha | +2.08% | +4.67% |
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)
Sundaram Infrastructure Advantage Fund (Direct)
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) | −56.9% | 08-01-2018 | 24-03-2020 | 21-05-2021 | 14 months | −18.6% |
| Sundaram Infrastructure Advantage Fund (Direct) | −50.6% | 08-01-2018 | 24-03-2020 | 18-02-2021 | 11 months | −11.4% |
| BSE India Infrastructure Index TRI | −55.9% | 08-01-2018 | 23-03-2020 | 04-03-2021 | 11 months | −25.7% |
From daily values since 07-04-2014, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bandhan Infrastructure Fund (Direct)
Sundaram Infrastructure Advantage Fund (Direct)
BSE India Infrastructure Index TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bandhan Infrastructure Fund (Direct)
Sundaram Infrastructure Advantage Fund (Direct)
BSE India Infrastructure Index TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bandhan Infrastructure Fund (Direct)
Sundaram Infrastructure Advantage Fund (Direct)
BSE India Infrastructure Index TRI
Against BSE India Infrastructure Index TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Bandhan Infrastructure Fund (Direct) | 92% | 78% | 9.94% |
| Sundaram Infrastructure Advantage Fund (Direct) | 84% | 72% | 10.98% |
From month-end values since 07-04-2014. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Bandhan Infrastructure vs Sundaram Infrastructure Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Infrastructure Fund, August 2026; Sundaram Infrastructure Advantage Fund, September 2026
Holdings in common
- Overlap
- 35.4%
- Held by both
- 18
- Only in Bandhan Infrastructure
- 49
- Only in Sundaram Infrastructure Advantage
- 34
| Security | % of Bandhan Infrastructure | % of Sundaram Infrastructure Advantage |
|---|---|---|
| Larsen & Toubro Limited | 6.15% | 8.07% |
| Reliance Industries Limited | 4.81% | 6.57% |
| Bharti Airtel Limited | 3.80% | 7.91% |
| NTPC Limited | 3.36% | 4.69% |
| UltraTech Cement Limited | 3.88% | 3.33% |
| Bharat Electronics Limited | 3.79% | 2.84% |
| Adani Ports and Special Economic Zone Limited | 3.41% | 1.95% |
| Hitachi Energy India Limited | 1.68% | 2.33% |
| Tata Power Company Limited | 1.36% | 1.62% |
| InterGlobe Aviation Limited | 3.96% | 1.35% |
| Torrent Power Limited | 1.21% | 1.19% |
| GAIL (India) Limited | 1.28% | 1.16% |
| NCC Limited | 0.85% | 0.91% |
| Cummins India Limited | 0.48% | 1.24% |
| Siemens Energy India Limited | 0.39% | 0.62% |
| Siemens Limited | 0.33% | 1.33% |
| Power Grid Corporation of India Limited | 0.20% | 2.26% |
| GE Vernova T&D India Limited | 0.15% | 2.32% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 35.4% means 35.4% 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% |
| GPT Infraprojects Limited | 3.66% |
| Azad Engineering Ltd | 3.32% |
| Adani Energy Solutions Limited | 3.08% |
| PTC India Financial Services Limited | 2.34% |
Largest holdings only in Sundaram Infrastructure Advantage Fund
| Security | % of fund |
|---|---|
| Kirloskar Oil Engines Ltd | 3.30% |
| S.J.S. Enterprises Ltd | 2.45% |
| Kalpataru Projects International Ltd | 2.37% |
| State Bank of India | 2.08% |
| ICICI Bank Ltd | 2.08% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Infrastructure | Sundaram Infrastructure Advantage |
|---|---|---|
| Equity | 98.3% | 97.2% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.7% | 2.8% |
Market cap of stocks
| Market cap | Bandhan Infrastructure | Sundaram Infrastructure Advantage |
|---|---|---|
| Large Cap | 48.7% | 61.1% |
| Mid Cap | 9.4% | 14.9% |
| Small Cap | 40.1% | 18.9% |
| Not on AMFI's list | 0.1% | 2.3% |
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 | Sundaram Infrastructure Advantage |
|---|---|---|
| Construction | 18.6% | 11.3% |
| Power | 14.8% | 9.8% |
| Electrical Equipment | 7.3% | 14.4% |
| Telecom - Services | 4.6% | 10.2% |
| Industrial Products | 9.2% | 8.0% |
| Petroleum Products | 4.8% | 8.5% |
| Aerospace & Defense | 6.2% | 2.8% |
| Transport Services | 5.9% | 3.5% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Infrastructure vs Sundaram Infrastructure Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Infrastructure Fund | Sundaram Infrastructure Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.07% | 1.82% |
| Base expense ratio (Direct) | 0.81% | 1.52% |
| Total expense ratio (Regular) | 2.28% | 2.34% |
| Base expense ratio (Regular) | 1.85% | 1.97% |
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.
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Each fund against the others of its category
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Bandhan Infrastructure Fund vs Sundaram Infrastructure Advantage Fund: Frequently Asked Questions
What is the difference between Bandhan Infrastructure Fund and Sundaram Infrastructure Advantage Fund?
Bandhan Infrastructure Fund is a Sectoral fund, Sundaram Infrastructure Advantage Fund is a Thematic fund, run by Bandhan Mutual Fund and Sundaram Mutual Fund. Their portfolios overlap 35.4%. Bandhan Infrastructure Fund charges 1.07% a year and Sundaram Infrastructure Advantage Fund 1.82%.
Which has given higher returns, Bandhan Infrastructure Fund or Sundaram Infrastructure Advantage Fund?
Over 1 year: Bandhan Infrastructure Fund −8.50%, Sundaram Infrastructure Advantage Fund −3.75%. Over 3 years: Bandhan Infrastructure Fund +14.28% a year, Sundaram Infrastructure Advantage Fund +14.51% a year. Over 5 years: Bandhan Infrastructure Fund +14.82% a year, Sundaram Infrastructure Advantage Fund +13.40% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bandhan Infrastructure Fund or Sundaram Infrastructure Advantage Fund?
Bandhan Infrastructure Fund charges less: 1.07% a year against 1.82%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan Infrastructure Fund and Sundaram Infrastructure Advantage Fund overlap?
35.4%. They hold 18 of the same securities, the largest shared ones being LT, RELIANCE, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Infrastructure Fund or Sundaram Infrastructure Advantage Fund?
On SEBI's riskometer, Bandhan Infrastructure Fund is rated Very High and Sundaram Infrastructure Advantage Fund Very High. Over 3 years, the standard deviation of daily returns was 19.20% and 16.72% a year.
Which is better for SIP, Bandhan Infrastructure Fund or Sundaram Infrastructure Advantage Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹8,33,724 in Bandhan Infrastructure Fund (XIRR 12.3% a year) and ₹8,27,365 in Sundaram Infrastructure Advantage Fund (XIRR 12.0% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Bandhan Infrastructure Fund and Sundaram Infrastructure Advantage Fund?
Yes. 35.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Bandhan Infrastructure Fund and Sundaram Infrastructure Advantage Fund?
Bandhan Infrastructure Fund: Vishal Biraia. Sundaram Infrastructure Advantage Fund: Siddarth Mohta, Shalav Saket.
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.