Canara Robeco Infrastructure Fund vs HDFC Infrastructure Fund
Direct Plan, Growth option · Data as on 30-10-2026
Canara Robeco Infrastructure Fund is a Thematic fund and HDFC Infrastructure Fund is a Thematic fund. In the 3 years to 30-10-2026, Canara Robeco Infrastructure Fund (Direct) returned 17.5% a year and HDFC Infrastructure Fund (Direct) returned 12.1% a year. Canara Robeco Infrastructure Fund charges 1.19% a year and HDFC Infrastructure Fund 1.34% (Direct plans). Their portfolios overlap 35.6%: they hold 23 of the same securities.
Canara Robeco Infrastructure Fund
Thematic
- 3 year return
- 17.5%
- Expense ratio
- 1.19%
- NAV
- ₹175.05
HDFC Infrastructure Fund
Thematic
- 3 year return
- 12.1%
- Expense ratio
- 1.34%
- NAV
- ₹48.58
Which is better, Canara Robeco Infrastructure or HDFC Infrastructure? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HDFC Infrastructure returned more over 5 years: 17.3% a year against 17.2%.
- Canara Robeco Infrastructure returned more over 3 years: 17.5% a year against 12.1%.
- Canara Robeco Infrastructure costs less: 1.19% a year against 1.34% (Direct plans).
- HDFC Infrastructure swung less over 3 years: a standard deviation of 16.3% a year against 17.8%.
- Canara Robeco Infrastructure fell less in its worst fall since 02-01-2013: −44.1% against −63.1%.
- Canara Robeco Infrastructure holds more in large companies: 64.7% of the fund in large caps against 49.3%.
- HDFC Infrastructure is the larger fund: ₹2,251 Cr against ₹921 Cr.
- Their portfolios overlap 35.6%: 23 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 | Canara Robeco Infrastructure Fund | HDFC Infrastructure Fund |
|---|---|---|
| Fund house | Canara Robeco Mutual Fund | HDFC Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹921 Cr (30-09-2026) | ₹2,251 Cr (30-09-2026) |
| NAV | ₹175.05 (Direct) | ₹48.58 (Direct) |
| Expense ratio (Direct) | 1.19% | 1.34% |
| Expense ratio (Regular) | 2.41% | 2.21% |
| Riskometer | Very High | Very High |
| Benchmark | BSE India Infrastructure TRI | BSE India Infrastructure TRI |
| Launch date | 02-12-2005 | 10-03-2008 |
| Minimum investment | ₹5,000 | ₹100 |
| Lock in | None | None |
| Fund managers | Vishal Mishra / Mr. Shobhit Tiwari | Ashish Shah, Gopal Agrawal, Bhagyesh Kagalkar |
| Exit load | 1% - if redeemed/switched out within 1 year from the date of allotment, Nil – if redeemed / switched out after 1 year from the date of allotment | In respect of each purchase/switch in of units- an Exit load of 1% is payable if units are redeemed/switched out within 30 days from the date of allotment. No Exit Load is payable if units are redeemed/switched-out after 30 days from the date of allotment. |
Canara Robeco Infrastructure vs HDFC Infrastructure: 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 |
|---|---|---|---|---|---|---|---|
| Canara Robeco Infrastructure Fund (Direct) | −4.06% | −7.95% | −9.91% | −6.14% | +17.49% | +17.21% | +15.23% |
| HDFC Infrastructure Fund (Direct) | −4.33% | −6.58% | −7.77% | −10.41% | +12.12% | +17.28% | +10.72% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
Canara Robeco Infrastructure vs HDFC Infrastructure: Year-wise Returns
| Year | Canara RobecoCanara Robeco Infrastructure | HDFCHDFC Infrastructure | BSE India Infrastructure Index TRI |
|---|---|---|---|
| 2026to date | −1.88% | −7.85% | −7.07% |
| 2025 | +1.43% | +3.18% | −2.32% |
| 2024 | +37.05% | +24.21% | +30.02% |
| 2023 | +42.94% | +56.54% | +61.08% |
| 2022 | +10.29% | +20.17% | +15.07% |
| 2021 | +57.68% | +44.15% | +51.72% |
Canara Robeco Infrastructure vs HDFC Infrastructure: Rolling Returns
Every holding period of both funds, against BSE India Infrastructure Index TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 2,666 of them, one for each trading day from 04-01-2016 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.
Canara Robeco Infrastructure Fund (Direct)
HDFC Infrastructure Fund (Direct)
BSE India Infrastructure Index TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Canara Robeco Infrastructure | 8.2 | 5.4 | 14.7 | 6.1 | 13.8 | 16.4 | 35.4 | 18.7% | 21.2% | −10.9% | 41.2% | 58% |
| HDFC Infrastructure | 17.9 | 9.7 | 13.4 | 12.6 | 8.1 | 6.3 | 32.0 | 14.8% | 13.2% | −21.7% | 46.6% | 28% |
| BSE India Infrastructure Index TRI | 12.0 | 5.6 | 14.0 | 19.5 | 11.3 | 7.1 | 30.6 | 17.0% | 14.5% | −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 02-01-2013. Past returns do not promise future returns.
Canara Robeco Infrastructure vs HDFC Infrastructure: 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 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Canara Robeco InfrastructureCanara Robeco Infrastructure Fund (Direct) | ₹16,60,000 | ₹58,58,205 | ₹41,98,205 | 16.7% |
| HDFC InfrastructureHDFC Infrastructure Fund (Direct) | ₹16,60,000 | ₹43,88,698 | ₹27,28,698 | 13.1% |
Canara Robeco InfrastructureCanara Robeco Infrastructure Fund (Direct)
HDFC InfrastructureHDFC Infrastructure 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.
Canara Robeco Infrastructure vs HDFC Infrastructure: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Canara Robeco Infrastructure Fund (Direct) | HDFC Infrastructure Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.14% | −10.41% |
| Standard deviation | 15.65% | 15.10% |
| Sharpe ratio | -0.73 | -1.04 |
| Sortino ratio | -0.98 | -1.36 |
| Maximum drawdown | −13.7% (23-10-2026) | −14.3% (31-03-2026) |
| Beta | 0.83 | 0.81 |
| Alpha | +2.16% | −2.43% |
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 | Canara Robeco Infrastructure Fund (Direct) | HDFC Infrastructure Fund (Direct) |
|---|---|---|
| Return (CAGR) | +17.49% | +12.12% |
| Standard deviation | 17.78% | 16.26% |
| Sharpe ratio | 0.64 | 0.37 |
| Sortino ratio | 0.86 | 0.50 |
| Maximum drawdown | −23.3% (28-02-2025) | −21.3% (03-03-2025) |
| Beta | 0.71 | 0.65 |
| Alpha | +5.34% | +0.47% |
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 | Canara Robeco Infrastructure Fund (Direct) | HDFC Infrastructure Fund (Direct) |
|---|---|---|
| Return (CAGR) | +17.21% | +17.28% |
| Standard deviation | 16.49% | 16.50% |
| Sharpe ratio | 0.69 | 0.70 |
| Sortino ratio | 0.92 | 0.93 |
| Maximum drawdown | −23.3% (28-02-2025) | −21.3% (03-03-2025) |
| Beta | 0.69 | 0.69 |
| Alpha | +3.63% | +3.73% |
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 | Canara Robeco Infrastructure Fund (Direct) | HDFC Infrastructure Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.80% | +11.23% |
| Standard deviation | 17.15% | 20.38% |
| Sharpe ratio | 0.57 | 0.25 |
| Sortino ratio | 0.77 | 0.34 |
| Maximum drawdown | −44.1% (23-03-2020) | −63.1% (23-03-2020) |
| Beta | 0.70 | 0.83 |
| Alpha | +4.61% | −0.98% |
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.
Canara Robeco Infrastructure Fund (Direct)
HDFC Infrastructure 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 |
|---|---|---|---|---|---|---|
| Canara Robeco Infrastructure Fund (Direct) | −44.1% | 26-12-2017 | 23-03-2020 | 02-02-2021 | 10 months | −11.8% |
| HDFC Infrastructure Fund (Direct) | −63.1% | 08-01-2018 | 23-03-2020 | 26-08-2022 | 29 months | −11.9% |
| BSE India Infrastructure Index TRI | −55.9% | 08-01-2018 | 23-03-2020 | 04-03-2021 | 11 months | −25.7% |
From daily values since 02-01-2013, 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.
Canara Robeco Infrastructure Fund (Direct)
HDFC Infrastructure 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.
Canara Robeco Infrastructure Fund (Direct)
HDFC Infrastructure 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.
Canara Robeco Infrastructure Fund (Direct)
HDFC Infrastructure Fund (Direct)
BSE India Infrastructure Index TRI
Against BSE India Infrastructure Index TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Canara Robeco Infrastructure Fund (Direct) | 80% | 60% | 12.23% |
| HDFC Infrastructure Fund (Direct) | 92% | 93% | 12.35% |
From month-end values since 02-01-2013. 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.
Canara Robeco Infrastructure vs HDFC Infrastructure: Portfolio Overlap
From each fund's latest monthly portfolio: Canara Robeco Infrastructure Fund, September 2026; HDFC Infrastructure Fund, September 2026
Holdings in common
- Overlap
- 35.6%
- Held by both
- 23
- Only in Canara Robeco Infrastructure
- 28
- Only in HDFC Infrastructure
- 49
| Security | % of Canara Robeco Infrastructure | % of HDFC Infrastructure |
|---|---|---|
| Larsen & Toubro Ltd | 8.97% | 7.03% |
| Interglobe Aviation Ltd | 3.79% | 4.35% |
| NTPC Ltd | 3.74% | 3.23% |
| Power Grid Corporation of India Ltd | 2.35% | 2.12% |
| Power Finance Corporation Ltd | 2.33% | 1.87% |
| Bharat Electronics Ltd | 4.34% | 1.62% |
| Reliance Industries Ltd | 4.95% | 1.58% |
| Hindustan Aeronautics Ltd | 2.28% | 1.56% |
| State Bank of India | 4.44% | 1.49% |
| Delhivery Ltd | 1.44% | 1.37% |
| Bharti Airtel Ltd | 4.94% | 1.20% |
| Tata Power Co Ltd | 3.39% | 1.16% |
| Container Corporation Of India Ltd | 1.02% | 1.30% |
| Brigade Enterprises Ltd | 1.15% | 0.95% |
| JSW Infrastructure Ltd | 0.95% | 1.82% |
| Ge Vernova T&D India Ltd | 1.57% | 0.84% |
| Ultratech Cement Ltd | 3.28% | 0.83% |
| Titagarh Rail Systems Ltd | 0.78% | 1.00% |
| Timken India Ltd | 0.95% | 0.70% |
| ABB India Ltd | 0.58% | 0.96% |
| Cummins India Ltd | 2.89% | 0.47% |
| TD Power Systems Ltd | 0.39% | 2.51% |
| GSPL Transmission Ltd | 0.11% | 0.12% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 35.6% means 35.6% 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 Canara Robeco Infrastructure Fund
| Security | % of fund |
|---|---|
| CG Power and Industrial Solutions Ltd | 4.34% |
| Solar Industries India Ltd | 3.38% |
| Dixon Technologies (India) Ltd | 2.91% |
| Schaeffler India Ltd | 1.98% |
| Bharat Petroleum Corporation Ltd | 1.91% |
Largest holdings only in HDFC Infrastructure Fund
| Security | % of fund |
|---|---|
| Kalpataru Projects International Ltd | 4.40% |
| ICICI Bank Ltd. | 3.49% |
| Adani Ports & Special Economic Zone | 3.44% |
| J.Kumar Infraprojects Ltd. | 2.88% |
| G R Infraprojects Limited | 1.99% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Canara Robeco Infrastructure | HDFC Infrastructure |
|---|---|---|
| Equity | 97.3% | 97.3% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.7% | 2.7% |
Market cap of stocks
| Market cap | Canara Robeco Infrastructure | HDFC Infrastructure |
|---|---|---|
| Large Cap | 64.7% | 49.3% |
| Mid Cap | 18.1% | 9.0% |
| Small Cap | 14.1% | 34.8% |
| Not on AMFI's list | 0.5% | 4.2% |
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 | Canara Robeco Infrastructure | HDFC Infrastructure |
|---|---|---|
| Construction | 9.0% | 21.2% |
| Power | 10.5% | 11.6% |
| Electrical Equipment | 11.4% | 8.3% |
| Transport Services | 7.4% | 8.7% |
| Industrial Products | 7.9% | 3.4% |
| Transport Infrastructure | 0.9% | 7.0% |
| Petroleum Products | 6.9% | 1.6% |
| Banks | 4.4% | 6.7% |
The six largest sectors of each fund's stocks, % of the fund.
Canara Robeco Infrastructure vs HDFC Infrastructure: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Canara Robeco Infrastructure Fund | HDFC Infrastructure Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.19% | 1.34% |
| Base expense ratio (Direct) | 0.91% | 0.99% |
| Total expense ratio (Regular) | 2.41% | 2.21% |
| Base expense ratio (Regular) | 1.96% | 1.74% |
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
Compare Canara Robeco Infrastructure with
Canara Robeco Infrastructure Fund vs HDFC Infrastructure Fund: Frequently Asked Questions
What is the difference between Canara Robeco Infrastructure Fund and HDFC Infrastructure Fund?
Canara Robeco Infrastructure Fund is a Thematic fund, HDFC Infrastructure Fund is a Thematic fund, run by Canara Robeco Mutual Fund and HDFC Mutual Fund. Their portfolios overlap 35.6%. Canara Robeco Infrastructure Fund charges 1.19% a year and HDFC Infrastructure Fund 1.34%.
Which has given higher returns, Canara Robeco Infrastructure Fund or HDFC Infrastructure Fund?
Over 1 year: Canara Robeco Infrastructure Fund −6.14%, HDFC Infrastructure Fund −10.41%. Over 3 years: Canara Robeco Infrastructure Fund +17.49% a year, HDFC Infrastructure Fund +12.12% a year. Over 5 years: Canara Robeco Infrastructure Fund +17.21% a year, HDFC Infrastructure Fund +17.28% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Canara Robeco Infrastructure Fund or HDFC Infrastructure Fund?
Canara Robeco Infrastructure Fund charges less: 1.19% a year against 1.34%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Canara Robeco Infrastructure Fund and HDFC Infrastructure Fund overlap?
35.6%. They hold 23 of the same securities, the largest shared ones being LT, INDIGO, NTPC. From each fund's latest monthly portfolio.
Which is riskier, Canara Robeco Infrastructure Fund or HDFC Infrastructure Fund?
On SEBI's riskometer, Canara Robeco Infrastructure Fund is rated Very High and HDFC Infrastructure Fund Very High. Over 3 years, the standard deviation of daily returns was 17.78% and 16.26% a year.
Which is better for SIP, Canara Robeco Infrastructure Fund or HDFC Infrastructure Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹8,75,346 in Canara Robeco Infrastructure Fund (XIRR 14.2% a year) and ₹8,48,467 in HDFC Infrastructure Fund (XIRR 13.0% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Canara Robeco Infrastructure Fund and HDFC Infrastructure Fund?
Yes. 35.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Canara Robeco Infrastructure Fund and HDFC Infrastructure Fund?
Canara Robeco Infrastructure Fund: Vishal Mishra / Mr. Shobhit Tiwari. HDFC Infrastructure Fund: Ashish Shah, Gopal Agrawal, Bhagyesh Kagalkar.
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.