SBI Infrastructure Fund vs Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
SBI Infrastructure Fund is a Thematic fund and Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund is an Index fund. In the year to 30-10-2026, SBI Infrastructure Fund (Direct) returned −4.6% and Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct) returned −7.7%. SBI Infrastructure Fund charges 1.19% a year and Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund 0.63% (Direct plans). Their portfolios overlap 36.1%: they hold 13 of the same securities.
SBI Infrastructure Fund
Thematic
- 1 year return
- −4.6%
- Expense ratio
- 1.19%
- NAV
- ₹51.64
Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund
Index
- 1 year return
- −7.7%
- Expense ratio
- 0.63%
- NAV
- ₹10.35
Which is better, SBI Infrastructure or Tata Nifty500 Multicap Infrastructure 50:30:20 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI Infrastructure returned more over 1 year: −4.6% against −7.7%.
- Tata Nifty500 Multicap Infrastructure 50:30:20 Index costs less: 0.63% a year against 1.19% (Direct plans).
- Tata Nifty500 Multicap Infrastructure 50:30:20 Index fell less in its worst fall since 30-04-2024: −22.5% against −23.2%.
- SBI Infrastructure is the larger fund: ₹4,701 Cr against ₹65 Cr.
- Their portfolios overlap 36.1%: 13 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 | SBI Infrastructure Fund | Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund |
|---|---|---|
| Fund house | SBI Mutual Fund | Tata Mutual Fund |
| Category | Thematic | Index |
| AUM | ₹4,701 Cr (30-09-2026) | ₹65 Cr (30-09-2026) |
| NAV | ₹51.64 (Direct) | ₹10.35 (Direct) |
| Expense ratio (Direct) | 1.19% | 0.63% |
| Expense ratio (Regular) | 2.07% | 1.18% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty500 Multicap Infrastructure 50:30:20 TRI |
| Launch date | Not available | Not available |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | 1. Nitin Sharma, 2. Rakesh Prajapati |
| Exit load | Not available | 0.25 % of the applicable NAV, if redeemed on or before 15 days from the date of allotment. |
SBI Infrastructure vs Tata Nifty500 Multicap Infrastructure 50:30:20 Index: 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 |
|---|---|---|---|---|---|---|---|
| SBI Infrastructure Fund (Direct) | −2.19% | −7.13% | −6.17% | −4.59% | +11.54% | +14.62% | +14.43% |
| Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct) | −1.63% | −7.11% | −6.11% | −7.71% | -- | -- | -- |
| 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.
SBI Infrastructure vs Tata Nifty500 Multicap Infrastructure 50:30:20 Index: Year-wise Returns
| Year | SBI InfrastructureSBI Infrastructure | Tata Nifty500 Multicap Infrastructure 50:30:20 IndexTata Nifty500 Multicap Infrastructure 50:30:20 Index |
|---|---|---|
| 2026to date | −3.41% | −6.53% |
| 2025 | −0.08% | +6.03% |
| 2024 | +21.77% | -- |
| 2023 | +50.39% | -- |
| 2022 | +9.74% | -- |
| 2021 | +49.26% | -- |
SBI Infrastructure vs Tata Nifty500 Multicap Infrastructure 50:30:20 Index: Rolling Returns
Every holding period of both funds, against Nifty Infrastructure TRI, the benchmark of SBI Infrastructure Fund
Rolling returns
Every 1-year holding period, 377 of them, one for each trading day from 30-04-2025 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.
SBI Infrastructure Fund (Direct)
Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct)
Nifty Infrastructure TRI
to
Jun 2025Sept 2024
to
Sept 2025Dec 2024
to
Dec 2025Mar 2025
to
Mar 2026Jun 2025
to
Jun 2026Sept 2025
to
Sept 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SBI Infrastructure | 41.6 | 33.7 | 21.0 | 3.4 | 0.3 | 0.0 | 0.0 | 0.4% | 1.1% | −12.2% | 16.4% | 23% |
| Tata Nifty500 Multicap Infrastructure 50:30:20 Index | 33.2 | 32.1 | 25.6 | 5.4 | 3.8 | 0.0 | 0.0 | 2.8% | 3.0% | −8.7% | 18.9% | 24% |
| Nifty Infrastructure TRI | 20.2 | 35.3 | 21.2 | 14.6 | 5.0 | 3.4 | 0.3 | 5.3% | 4.3% | −8.5% | 25.3% | -- |
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 Nifty Infrastructure 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 30-04-2024. Past returns do not promise future returns.
SBI Infrastructure vs Tata Nifty500 Multicap Infrastructure 50:30:20 Index: 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 01-04-2024 to 30-10-2026: 31 instalments, ₹3,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| SBI InfrastructureSBI Infrastructure Fund (Direct) | ₹3,10,000 | ₹3,01,621 | −₹8,379 | −2.1% |
| Tata Nifty500 Multicap Infrastructure 50:30:20 IndexTata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct) | ₹3,10,000 | ₹3,01,954 | −₹8,046 | −2.0% |
SBI InfrastructureSBI Infrastructure Fund (Direct)
Tata Nifty500 Multicap Infrastructure 50:30:20 IndexTata Nifty500 Multicap Infrastructure 50:30:20 Index 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.
SBI Infrastructure vs Tata Nifty500 Multicap Infrastructure 50:30:20 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | SBI Infrastructure Fund (Direct) | Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.59% | −7.71% |
| Standard deviation | 14.99% | 15.76% |
| Sharpe ratio | -0.66 | -0.82 |
| Sortino ratio | -0.88 | -1.10 |
| Maximum drawdown | −13.3% (31-03-2026) | −13.8% (31-03-2026) |
| Beta | 0.91 | 1.00 |
| Alpha | +1.92% | −0.80% |
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 | SBI Infrastructure Fund (Direct) | Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.79% | +1.11% |
| Standard deviation | 16.93% | 17.37% |
| Sharpe ratio | 0.46 | -0.27 |
| Sortino ratio | 0.62 | -0.36 |
| Maximum drawdown | −42.1% (23-03-2020) | −22.5% (28-02-2025) |
| Beta | 0.81 | 1.00 |
| Alpha | +4.08% | −0.58% |
From daily NAVs, 03-01-2013 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.
SBI Infrastructure Fund (Direct)
Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct)
Nifty Infrastructure TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| SBI Infrastructure Fund (Direct) | −23.2% | 23-09-2024 | 03-03-2025 | Not yet | -- | −13.1% |
| Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct) | −22.5% | 27-09-2024 | 28-02-2025 | Not yet | -- | −10.4% |
| Nifty Infrastructure TRI | −20.6% | 27-09-2024 | 28-02-2025 | 29-10-2025 | 8 months | −9.3% |
From daily values since 30-04-2024, 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.
SBI Infrastructure Fund (Direct)
Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct)
Nifty Infrastructure TRI
Against Nifty Infrastructure TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| SBI Infrastructure Fund (Direct) | 98% | 103% | 7.12% |
| Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct) | 105% | 108% | 4.92% |
From month-end values since 30-04-2024. 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.
SBI Infrastructure vs Tata Nifty500 Multicap Infrastructure 50:30:20 Index: Portfolio Overlap
From each fund's latest monthly portfolio: SBI Infrastructure Fund, September 2026; Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund, September 2026
Holdings in common
- Overlap
- 36.1%
- Held by both
- 13
- Only in SBI Infrastructure
- 31
- Only in Tata Nifty500 Multicap Infrastructure 50:30:20 Index
- 61
| Security | % of SBI Infrastructure | % of Tata Nifty500 Multicap Infrastructure 50:30:20 Index |
|---|---|---|
| Reliance Industries Ltd. | 10.98% | 9.89% |
| Bharti Airtel Ltd. | 5.98% | 9.72% |
| Larsen & Toubro Ltd. | 4.80% | 8.01% |
| NTPC Ltd. | 4.46% | 2.79% |
| Adani Ports and Special Economic Zone Ltd. | 4.59% | 2.56% |
| Bharat Heavy Electricals Ltd. | 3.54% | 2.16% |
| Indus Towers Ltd. | 1.98% | 1.72% |
| Oil & Natural Gas Corporation Ltd. | 2.40% | 1.60% |
| JSW Energy Ltd. | 1.30% | 1.08% |
| Shree Cement Ltd. | 4.75% | 1.07% |
| Ultratech Cement Ltd. | 0.93% | 2.36% |
| Fortis Healthcare Ltd. | 0.89% | 1.43% |
| Elgi Equipments Ltd. | 1.30% | 0.59% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 36.1% means 36.1% 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 SBI Infrastructure Fund
| Security | % of fund |
|---|---|
| Siemens Ltd. | 3.96% |
| Powerica Ltd. | 3.19% |
| Torrent Power Ltd. | 3.18% |
| Grindwell Norton Ltd. | 2.97% |
| Adani Energy Solutions Ltd. | 2.80% |
Largest holdings only in Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund
| Security | % of fund |
|---|---|
| INDIAN HOTELS CO. LTD | 2.29% |
| POWER GRID CORPORATION OF INDIA LTD | 2.15% |
| GRASIM INDUSTRIES LTD | 2.10% |
| INTERGLOBE AVIATION LTD | 2.05% |
| BHARAT FORGE LTD | 1.91% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | SBI Infrastructure | Tata Nifty500 Multicap Infrastructure 50:30:20 Index |
|---|---|---|
| Equity | 93.3% | 98.8% |
| Debt | 1.2% | 0.0% |
| Cash and others | 5.6% | 1.2% |
Market cap of stocks
| Market cap | SBI Infrastructure | Tata Nifty500 Multicap Infrastructure 50:30:20 Index |
|---|---|---|
| Large Cap | 59.5% | 52.4% |
| Mid Cap | 10.1% | 28.9% |
| Small Cap | 21.5% | 16.8% |
| Not on AMFI's list | 2.1% | 0.8% |
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 | SBI Infrastructure | Tata Nifty500 Multicap Infrastructure 50:30:20 Index |
|---|---|---|
| Petroleum Products | 11.0% | 12.6% |
| Power | 12.6% | 10.6% |
| Telecom - Services | 8.0% | 12.5% |
| Electrical Equipment | 11.8% | 6.8% |
| Construction | 8.4% | 9.7% |
| Auto Components | 0.0% | 9.3% |
| Cement & Cement Products | 7.2% | 6.0% |
The six largest sectors of each fund's stocks, % of the fund.
SBI Infrastructure vs Tata Nifty500 Multicap Infrastructure 50:30:20 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | SBI Infrastructure Fund | Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.19% | 0.63% |
| Base expense ratio (Direct) | 0.86% | 0.39% |
| Total expense ratio (Regular) | 2.07% | 1.18% |
| Base expense ratio (Regular) | 1.61% | 0.90% |
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
SBI Infrastructure Fund vs Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund: Frequently Asked Questions
What is the difference between SBI Infrastructure Fund and Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund?
SBI Infrastructure Fund is a Thematic fund, Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund is an Index fund, run by SBI Mutual Fund and Tata Mutual Fund. Their portfolios overlap 36.1%. SBI Infrastructure Fund charges 1.19% a year and Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund 0.63%.
Which has given higher returns, SBI Infrastructure Fund or Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund?
Over 1 year: SBI Infrastructure Fund −4.59%, Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund −7.71%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, SBI Infrastructure Fund or Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund?
Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund charges less: 0.63% a year against 1.19%. These are the Direct plans' total expense ratios reported to AMFI.
How much do SBI Infrastructure Fund and Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund overlap?
36.1%. They hold 13 of the same securities, the largest shared ones being RELIANCE, BHARTIARTL, LT. From each fund's latest monthly portfolio.
Can I invest in both SBI Infrastructure Fund and Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund?
Yes. 36.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.