Tata Infrastructure Fund is a Thematic fund run by Tata Mutual Fund. On 30-09-2026, it managed ₹1,982 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 11.3% a year and its Regular plan returned 10.3% a year. Its benchmark, BSE India Infrastructure Index TRI, returned 14.6% a year over the same 3 years.
NAV (Direct plan)
₹183.57
▼ 1.02% · 30-10-2026
NAV (Regular plan)
₹166.88
▼ 1.02% · 30-10-2026
Expense ratio
1.24%Direct2.13%Regular
1.24%
A year
Riskometer
Very High
Set by the fund house
3 year return
11.3%Direct10.3%Regular
11.3%
A year
Tata Infrastructure Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹183.57 (down 1.02% that day); Regular Plan Growth ₹166.88 (down 1.02% that day).
This fund (Direct plan)
₹183.5728
Tata Infrastructure Fund Returns vs BSE India Infrastructure Index TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−4.97%
−7.47%
−5.06%
−2.53%
+11.28%
+14.28%
+14.17%
This fund (Regular)
−5.04%
−7.68%
−5.48%
−3.42%
+10.25%
+13.24%
+13.30%
BSE India Infrastructure Index TRI
−2.56%
−8.31%
−13.29%
−11.05%
+14.63%
+17.10%
+13.28%
Thematic average
−2.09%
−4.52%
+0.86%
−1.22%
+13.76%
+11.62%
+13.76%
Best in Thematic
+11.54%
+11.27%
+22.16%
+75.71%
+54.78%
+21.14%
+19.31%
Worst in Thematic
−16.05%
−11.74%
−13.97%
−22.44%
−4.46%
+3.65%
+7.72%
Rank in Thematic
206/235
187/232
189/232
94/215
81/133
29/96
30/63
Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.
Tata Infrastructure Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
BSE India Infrastructure Index TRI
2026to date
+1.17%
+0.40%
−7.07%
2025
−6.15%
−7.07%
−2.32%
2024
+24.03%
+22.90%
+30.02%
2023
+46.32%
+45.06%
+61.08%
2022
+8.61%
+7.61%
+15.07%
2021
+54.78%
+53.54%
+51.72%
Tata Infrastructure Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,666 periods, one for each trading day from 04-01-2016 to 30-10-2026.
−20%0%20%40%60%
Tata Infrastructure Fund (Direct)
BSE India Infrastructure Index TRI
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
Tata Infrastructure Fund (Direct)BSE India Infrastructure Index TRI
8%
12%
Below 0%
3%
6%
0-5%
14%
14%
5-10%
15%
20%
10-15%
18%
11%
15-20%
19%
7%
20-25%
24%
31%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
3,154
13.0%
−32.9%
99.8%
25%
10.4%
57%
2 years
2,912
18.8%
−18.3%
58.2%
15%
15.5%
54%
3 years
2,666
17.8%
−10.2%
41.3%
8%
14.5%
59%
5 years
2,173
15.9%
−3.2%
35.0%
2%
11.1%
68%
7 years
1,684
15.5%
5.5%
21.7%
0%
13.0%
71%
10 years
941
16.2%
12.7%
21.5%
0%
15.8%
69%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
154
15.3%
−48.1%
100.6%
26%
12.4%
60%
2 years
142
15.0%
−27.8%
61.5%
18%
16.3%
54%
3 years
130
16.6%
−20.6%
46.9%
8%
17.8%
57%
5 years
106
18.1%
−9.0%
41.3%
8%
16.8%
64%
7 years
82
18.0%
−1.3%
31.3%
1%
15.4%
59%
10 years
46
18.2%
14.8%
24.3%
0%
19.9%
28%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than BSE India Infrastructure Index TRI over the same days. Past returns do not promise future returns.
Tata Infrastructure Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Tata Infrastructure Fund (Direct)This fund
BSE India Infrastructure Index TRI
Return (CAGR)
−2.53%
−11.05%
Standard deviation
16.87%
17.62%
Sharpe ratio
-0.46
-0.92
Sortino ratio
-0.62
-1.23
Maximum drawdown
−12.5%
(23-03-2026)
−17.9%
(23-10-2026)
Beta
0.90
1.00
Alpha
+6.94%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Tata Infrastructure Fund (Direct)This fund
BSE India Infrastructure Index TRI
Return (CAGR)
+11.28%
+14.63%
Standard deviation
17.94%
23.03%
Sharpe ratio
0.29
0.37
Sortino ratio
0.38
0.50
Maximum drawdown
−29.8%
(28-02-2025)
−31.7%
(28-02-2025)
Beta
0.72
1.00
Alpha
−0.91%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Tata Infrastructure Fund (Direct)This fund
BSE India Infrastructure Index TRI
Return (CAGR)
+14.28%
+17.10%
Standard deviation
16.83%
21.52%
Sharpe ratio
0.50
0.52
Sortino ratio
0.67
0.70
Maximum drawdown
−29.8%
(28-02-2025)
−31.7%
(28-02-2025)
Beta
0.71
1.00
Alpha
+0.51%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Tata Infrastructure Fund (Direct)This fund
BSE India Infrastructure Index TRI
Return (CAGR)
+14.17%
+13.28%
Standard deviation
17.27%
21.30%
Sharpe ratio
0.51
0.37
Sortino ratio
0.68
0.50
Maximum drawdown
−42.5%
(23-03-2020)
−55.9%
(23-03-2020)
Beta
0.73
1.00
Alpha
+3.02%
0.00%
From daily NAVs, 28-10-2016 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Tata Infrastructure Fund (Direct)This fund
BSE India Infrastructure Index TRI
Return (CAGR)
+14.00%
+13.41%
Standard deviation
17.24%
21.30%
Sharpe ratio
0.46
0.35
Sortino ratio
0.62
0.47
Maximum drawdown
−42.5%
(23-03-2020)
−55.9%
(23-03-2020)
Beta
0.71
1.00
Alpha
+2.69%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
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.
−60%−50%−40%−30%−20%−10%0%
Tata Infrastructure Fund (Direct)
BSE India Infrastructure Index TRI
2014201620182020202220242026
Tata Infrastructure Fund (Direct)BSE India Infrastructure Index TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Tata Infrastructure Fund (Direct)
−42.5%
12-01-2018
23-03-2020
08-01-2021
10 months
−16.8%
BSE India Infrastructure Index TRI
−55.9%
08-01-2018
23-03-2020
04-03-2021
11 months
−25.7%
From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and BSE India Infrastructure Index TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Tata Infrastructure Fund vs Other Thematic Funds
The five Thematic funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Tata Infrastructure Fund Expense Ratio and Costs
What each plan charges a year, in force from 23-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Thematic median
Cost rank (1 = cheapest)
Direct
1.00%
0.02%
0.00%
0.22%
1.24%
1.18%
131/235
Regular
1.77%
0.02%
0.00%
0.34%
2.13%
2.41%
50/235
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−3.42%
−2.53%
0.89%
₹96,580
₹97,470
3 years
10.25%
11.28%
1.03% a year
₹1,34,010
₹1,37,801
5 years
13.24%
14.28%
1.04% a year
₹1,86,208
₹1,94,918
10 years
13.30%
14.17%
0.87% a year
₹3,48,577
₹3,76,288
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Tata Infrastructure Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹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.
Direct planTata Infrastructure Fund (Direct)Regular planTata Infrastructure Fund (Regular)BSE India Infrastructure Index TRICategory averageCategory average, 235 Thematic fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI and the category average, 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.
Tata Infrastructure Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
92.7%Equity
Asset
Fund
Category
Equity
92.7%
94.5%
Cash and others
7.3%
4.0%
Market cap of stocks
Market cap
Fund
Category
Large Cap
43.8%
45.7%
Mid Cap
12.6%
19.6%
Small Cap
34.7%
24.1%
Not on AMFI's list
1.6%
2.3%
Share of the whole fund. Category: the average of the Thematic funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Tata Infrastructure Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Power14.3%
Construction12.9%
Cement & Cement Products10.6%
Industrial Products10.4%
Electrical Equipment7.5%
Transport Infrastructure6.0%
Transport Services5.7%
Auto Components5.6%
Industrial Manufacturing5.0%
Realty4.8%
The ten largest of 17 sectors. The other 7 add up to 9.9%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Power
15.3%
14.3%
14.3%
−1.0%
Construction
14.8%
15.0%
12.9%
−1.9%
Cement & Cement Products
11.1%
10.7%
10.6%
−0.5%
Industrial Products
10.3%
10.5%
10.4%
+0.1%
Electrical Equipment
7.3%
7.9%
7.5%
+0.2%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Tata Infrastructure Fund Portfolio Holdings
As on 30-09-2026 · 52 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
LARSEN & TOUBRO LTD
Construction
6.64%
0.0%
ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD
Transport Infrastructure
4.17%
0.0%
NTPC LTD
Power
3.79%
0.0%
INTERGLOBE AVIATION LTD
Transport Services
3.52%
0.0%
ADANI ENERGY SOLUTIONS LTD
Power
3.46%
0.0%
THE RAMCO CEMENTS LTD
Cement & Cement Products
2.97%
0.0%
BHARAT HEAVY ELECTRICALS LTD
Electrical Equipment
2.67%
0.0%
ULTRATECH CEMENT LTD
Cement & Cement Products
2.62%
0.0%
ADANI POWER LTD
Power
2.57%
0.0%
ADANI ENTERPRISES LTD
Metals & Minerals Trading
2.54%
0.0%
DEE DEVELOPMENT ENGINEERS LTD
Industrial Manufacturing
2.39%
0.0%
NUVOCO VISTAS CORPORATION LTD
Cement & Cement Products
2.19%
0.0%
INOX INDIA LTD
Industrial Products
2.15%
0.0%
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD
Auto Components
2.11%
0.0%
ABB INDIA LTD
Electrical Equipment
2.10%
0.0%
AMBUJA CEMENTS LTD
Cement & Cement Products
1.89%
0.0%
SCHAEFFLER (I) LTD
Auto Components
1.82%
0.0%
JSW INFRASTRUCTURE LTD
Transport Infrastructure
1.79%
0.0%
THE PHOENIX MILLS LTD
Realty
1.78%
0.0%
GRINDWELL NORTON LTD
Industrial Products
1.78%
0.0%
DATA PATTERNS (INDIA) LTD
Aerospace & Defense
1.75%
0.0%
AIA ENGINEERING LTD
Industrial Products
1.70%
0.0%
POWER GRID CORPORATION OF INDIA LTD
Power
1.70%
0.0%
INDUS TOWERS LTD
Telecom - Services
1.70%
0.0%
INDO-MIM LTD
Industrial Manufacturing
1.60%
0.0%
RATNAMANI METALS & TUBES LTD
Industrial Products
1.59%
0.0%
G R INFRAPROJECTS LTD
Construction
1.53%
0.0%
DLF LTD
Realty
1.50%
0.0%
CEMINDIA PROJECTS LTD
Construction
1.50%
0.0%
OBEROI REALTY LTD
Realty
1.49%
0.0%
SIEMENS LTD
Electrical Equipment
1.48%
0.0%
MAHINDRA LOGISTICS LTD
Transport Services
1.48%
0.0%
KALPATARU PROJECTS INTERNATIONAL LTD
Construction
1.45%
0.0%
TORRENT POWER LTD
Power
1.42%
0.0%
TATA POWER COMPANY LTD
Power
1.40%
0.0%
3M INDIA LTD
Diversified
1.33%
0.0%
TRUALT BIOENERGY LTD
Agricultural Food & other Products
1.28%
0.0%
TIMKEN INDIA LTD
Industrial Products
1.27%
0.0%
SIEMENS ENERGY INDIA LTD
Electrical Equipment
1.27%
0.0%
SKF INDIA (INDUSTRIAL) LTD
Industrial Products
1.12%
0.0%
KROSS LTD
Auto Components
1.08%
0.0%
HONEYWELL AUTOMATION INDIA LTD
Industrial Manufacturing
0.98%
0.0%
BROOKFIELD INDIA REAL ESTATE TRUST
Realty
0.98%
ACC LTD
Cement & Cement Products
0.96%
0.0%
ELLENBARRIE INDUSTRIAL GASES.
Chemicals & Petrochemicals
0.77%
0.0%
ISGEC HEAVY ENGINEERING LTD
Construction
0.77%
0.0%
BANSAL WIRE INDUSTRIES LTD
Industrial Products
0.77%
0.0%
TCI EXPRESS LTD
Transport Services
0.69%
−15.3%
KNR CONSTRUCTIONS LTD
Construction
0.67%
0.0%
SKF INDIA LTD
Auto Components
0.61%
0.0%
EPACK DURABLE LTD
Consumer Durables
0.50%
0.0%
AFCONS INFRASTRUCTURE LTD
Construction
0.37%
−60.7%
Tata Infrastructure Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
AFCONS INFRASTRUCTURE LTD
↓Reduced
−60.7%
0.37%
PNC INFRATECH LTD
↓Sold out
−100%
was 0.97%
TCI EXPRESS LTD
↓Reduced
−15.3%
0.69%
LINDE INDIA LTD
↓Sold out
−100%
was 0.72%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Tata Infrastructure Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
1.24%
Expense ratio (Regular)
2.13%
Category
Thematic
Risk
Very High
Benchmark
BSE India Infrastructure TRI
Launch date
31-12-2004
Minimum investment
₹5,000
Minimum additional investment
₹1,000
AUM
₹1,981.60 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
119243
ISIN (Direct)
INF277K01PQ8
Scheme code (Regular)
101766
ISIN (Regular)
INF277K01782
NAV history
From 02-01-2013, 13.8 years
Exit load
0.25% of NAV if redeemed /switched out before 30 days from the date of allotment.
Tax on Tata Infrastructure Fund returns
Tata Infrastructure Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹183.5728
30-10-2026
direct
Payout IDCW
₹89.9135
30-10-2026
regular
Growth
₹166.8781
30-10-2026
regular
Payout IDCW
₹72.851
30-10-2026
About Tata Infrastructure Fund
Tata Infrastructure Fund is a mutual fund from Tata Mutual Fund. Its category is Thematic. It was launched on 31-12-2004. Its benchmark is BSE India Infrastructure TRI. At the end of September 2026 it held 52 securities.
Fund Manager
Abhinav Sharma
Fund manager of Tata Infrastructure Fund, since 09-03-2021
Frequently Asked Questions for Tata Infrastructure Fund
What is the current NAV of Tata Infrastructure Fund?
The Direct plan NAV is ₹183.5728. The Regular plan NAV is ₹166.8781, as on 30-10-2026.
What are the returns of Tata Infrastructure Fund?
The Direct plan returned −2.53% in 1 year, +11.28% a year over 3 years, +14.28% a year over 5 years. The Regular plan returned −3.42% in 1 year, +10.25% a year over 3 years, +13.24% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Tata Infrastructure Fund?
The Direct plan charges 1.24% a year. The Regular plan charges 2.13% a year. This is the figure the fund house reported to AMFI, in force from 23-10-2026.
What is the AUM of Tata Infrastructure Fund?
Tata Infrastructure Fund managed ₹1,981.60 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Tata Infrastructure Fund?
At the end of September 2026 the largest holdings were LT (6.64%), ADANIPORTS (4.17%), NTPC (3.79%), INDIGO (3.52%), ADANIENSOL (3.46%). The fund held 52 securities in all.
What did Tata Infrastructure Fund buy and sell in September 2026?
It sold out of 2: PNC INFRATECH LTD, LINDE INDIA LTD. It reduced 2.
How do I invest in Tata Infrastructure Fund?
Through Tata Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.
Who is the fund manager of Tata Infrastructure Fund?
Abhinav Sharma (since 09-03-2021).
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
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