Mirae Asset Infrastructure Fund vs Sundaram Infrastructure Advantage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Mirae Asset Infrastructure Fund is a Thematic fund and Sundaram Infrastructure Advantage Fund is a Thematic fund. Mirae Asset Infrastructure Fund charges 0.82% a year and Sundaram Infrastructure Advantage Fund 1.82% (Direct plans). Their portfolios overlap 38.2%: they hold 22 of the same securities.
Mirae Asset Infrastructure Fund
Thematic
- Expense ratio
- 0.82%
- NAV
- ₹10.79
Sundaram Infrastructure Advantage Fund
Thematic
- Expense ratio
- 1.82%
- NAV
- ₹100.89
Which is better, Mirae Asset 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.
- Mirae Asset Infrastructure costs less: 0.82% a year against 1.82% (Direct plans).
- Mirae Asset Infrastructure fell less in its worst fall since 08-12-2025: −12.2% against −13.5%.
- Sundaram Infrastructure Advantage holds more in large companies: 61.1% of the fund in large caps against 45.4%.
- Sundaram Infrastructure Advantage is the larger fund: ₹922 Cr against ₹484 Cr.
- Their portfolios overlap 38.2%: 22 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 | Mirae Asset Infrastructure Fund | Sundaram Infrastructure Advantage Fund |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | Sundaram Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹484 Cr (30-09-2026) | ₹922 Cr (30-09-2026) |
| NAV | ₹10.79 (Direct) | ₹100.89 (Direct) |
| Expense ratio (Direct) | 0.82% | 1.82% |
| Expense ratio (Regular) | 2.64% | 2.34% |
| Riskometer | Very High | Very High |
| Benchmark | BSE India Infrastructure TRI | Nifty Infrastructure TRI |
| Launch date | 05-12-2025 | 01-09-2005 |
| Minimum investment | ₹5,000 | For both Regular and Direct Plan Rs. 100/– |
| Lock in | None | None |
| Fund managers | Bharti Sawant | Siddarth Mohta, Shalav Saket |
| Exit load | Exit load of 1% if redeemed within 1 Month. | 0.5% - For redemption, withdrawn by way of SWP or transfer by way of Switch/STP within 30 days from the date of allotment. NIL - For redemption or withdrawn by way of SWP or transfer by way of Switch/STP after 30 days from the date of allotment Further, exit load will be waived on Intra-scheme Switch-outs/STP.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. |
Mirae Asset 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 |
|---|---|---|---|---|---|---|---|
| Mirae Asset Infrastructure Fund (Direct) | −3.97% | −3.58% | +0.70% | -- | -- | -- | -- |
| Sundaram Infrastructure Advantage Fund (Direct) | −2.95% | −7.01% | −8.20% | −3.75% | +14.51% | +13.40% | +13.70% |
| 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.
Mirae Asset Infrastructure vs Sundaram Infrastructure Advantage: Year-wise Returns
| Year | Mirae Asset InfrastructureMirae Asset Infrastructure | Sundaram Infrastructure AdvantageSundaram Infrastructure Advantage |
|---|---|---|
| 2026to date | +7.12% | −2.69% |
| 2025 | -- | +4.69% |
| 2024 | -- | +24.57% |
| 2023 | -- | +42.48% |
| 2022 | -- | +2.65% |
| 2021 | -- | +50.24% |
Mirae Asset Infrastructure vs Sundaram Infrastructure Advantage: Rolling Returns
Every holding period of both funds, against BSE India Infrastructure Index TRI, the benchmark of Mirae Asset Infrastructure Fund
Mirae Asset 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 | Mirae Asset Infrastructure Fund (Direct) | Sundaram Infrastructure Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.67% | +15.22% |
| Standard deviation | 18.39% | 17.29% |
| Sharpe ratio | 0.30 | 0.54 |
| Sortino ratio | 0.40 | 0.73 |
| Maximum drawdown | −12.2% (30-03-2026) | −50.6% (24-03-2020) |
| Beta | 0.95 | 0.82 |
| Alpha | +14.32% | +4.67% |
From daily NAVs, 08-12-2025 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.
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.
Mirae Asset 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 |
|---|---|---|---|---|---|---|
| Mirae Asset Infrastructure Fund (Direct) | −12.2% | 18-02-2026 | 30-03-2026 | 17-04-2026 | 18 days | −7.3% |
| Sundaram Infrastructure Advantage Fund (Direct) | −13.5% | 22-06-2026 | 23-10-2026 | Not yet | -- | −11.4% |
| BSE India Infrastructure Index TRI | −17.9% | 07-05-2026 | 23-10-2026 | Not yet | -- | −14.7% |
From daily values since 08-12-2025, the first day every fund has.
Mirae Asset Infrastructure vs Sundaram Infrastructure Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset Infrastructure Fund, September 2026; Sundaram Infrastructure Advantage Fund, September 2026
Holdings in common
- Overlap
- 38.2%
- Held by both
- 22
- Only in Mirae Asset Infrastructure
- 25
- Only in Sundaram Infrastructure Advantage
- 30
| Security | % of Mirae Asset Infrastructure | % of Sundaram Infrastructure Advantage |
|---|---|---|
| Larsen & Toubro Ltd. | 5.60% | 8.07% |
| NTPC Ltd. | 3.76% | 4.69% |
| Bharti Airtel Ltd. | 2.81% | 7.91% |
| Bharat Electronics Ltd. | 2.50% | 2.84% |
| Kalpataru Projects International Ltd. | 2.24% | 2.37% |
| Kirloskar Oil Engines Ltd. | 2.17% | 3.30% |
| Adani Ports and Special Economic Zone Ltd. | 5.64% | 1.95% |
| Apollo Hospitals Enterprise Ltd. | 1.84% | 1.86% |
| JSW Infrastructure Ltd. | 1.63% | 1.74% |
| Bharat Heavy Electricals Ltd. | 3.18% | 1.46% |
| TD Power Systems Ltd. | 2.91% | 1.45% |
| Ultratech Cement Ltd. | 1.35% | 3.33% |
| Interglobe Aviation Ltd. | 3.31% | 1.35% |
| Reliance Industries Ltd. | 1.33% | 6.57% |
| ABB India Ltd. | 1.88% | 1.18% |
| Delhivery Ltd. | 1.82% | 1.16% |
| Cummins India Ltd. | 1.13% | 1.24% |
| Container Corporation of India Ltd. | 1.37% | 0.98% |
| Siemens Energy India Ltd. | 2.03% | 0.62% |
| Tata Steel Ltd. | 1.31% | 0.60% |
| Triveni Turbine Ltd. | 1.43% | 0.58% |
| Indus Towers Ltd. | 0.50% | 1.32% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 38.2% means 38.2% 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 Mirae Asset Infrastructure Fund
| Security | % of fund |
|---|---|
| Welspun Corp Ltd. | 3.29% |
| Kusumgar Ltd. | 3.25% |
| Lodha Developers Ltd. | 2.96% |
| JSW Energy Ltd. | 2.87% |
| Power Finance Corporation Ltd. | 2.84% |
Largest holdings only in Sundaram Infrastructure Advantage Fund
| Security | % of fund |
|---|---|
| S.J.S. Enterprises Ltd | 2.45% |
| Hitachi Energy India Ltd | 2.33% |
| GE Vernova T and D India Ltd | 2.32% |
| Power Grid Corporation of India Ltd | 2.26% |
| State Bank of India | 2.08% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Mirae Asset Infrastructure | Sundaram Infrastructure Advantage |
|---|---|---|
| Equity | 99.1% | 97.2% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.9% | 2.8% |
Market cap of stocks
| Market cap | Mirae Asset Infrastructure | Sundaram Infrastructure Advantage |
|---|---|---|
| Large Cap | 45.4% | 61.1% |
| Mid Cap | 12.8% | 14.9% |
| Small Cap | 23.8% | 18.9% |
| Not on AMFI's list | 17.1% | 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 | Mirae Asset Infrastructure | Sundaram Infrastructure Advantage |
|---|---|---|
| Electrical Equipment | 17.3% | 14.4% |
| Transport Services | 11.8% | 3.5% |
| Construction | 7.8% | 11.3% |
| Telecom - Services | 3.3% | 10.2% |
| Power | 8.9% | 9.8% |
| Industrial Products | 9.4% | 8.0% |
| Petroleum Products | 1.3% | 8.5% |
| Transport Infrastructure | 7.3% | 3.7% |
The six largest sectors of each fund's stocks, % of the fund.
Mirae Asset Infrastructure vs Sundaram Infrastructure Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Mirae Asset Infrastructure Fund | Sundaram Infrastructure Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.82% | 1.82% |
| Base expense ratio (Direct) | 0.56% | 1.52% |
| Total expense ratio (Regular) | 2.64% | 2.34% |
| Base expense ratio (Regular) | 2.10% | 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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Mirae Asset Infrastructure Fund vs Sundaram Infrastructure Advantage Fund: Frequently Asked Questions
What is the difference between Mirae Asset Infrastructure Fund and Sundaram Infrastructure Advantage Fund?
Mirae Asset Infrastructure Fund is a Thematic fund, Sundaram Infrastructure Advantage Fund is a Thematic fund, run by Mirae Asset Mutual Fund and Sundaram Mutual Fund. Their portfolios overlap 38.2%. Mirae Asset Infrastructure Fund charges 0.82% a year and Sundaram Infrastructure Advantage Fund 1.82%.
Which has the lower expense ratio, Mirae Asset Infrastructure Fund or Sundaram Infrastructure Advantage Fund?
Mirae Asset Infrastructure Fund charges less: 0.82% a year against 1.82%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Mirae Asset Infrastructure Fund and Sundaram Infrastructure Advantage Fund overlap?
38.2%. They hold 22 of the same securities, the largest shared ones being LT, NTPC, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, Mirae Asset Infrastructure Fund or Sundaram Infrastructure Advantage Fund?
On SEBI's riskometer, Mirae Asset Infrastructure Fund is rated Very High and Sundaram Infrastructure Advantage Fund Very High. Over their common history, the standard deviation of daily returns was 18.39% and 17.29% a year.
Can I invest in both Mirae Asset Infrastructure Fund and Sundaram Infrastructure Advantage Fund?
Yes. 38.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Mirae Asset Infrastructure Fund and Sundaram Infrastructure Advantage Fund?
Mirae Asset Infrastructure Fund: Bharti Sawant. 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.