NIFTY INFRASTRUCTURE TRI · Sectoral / Thematic· NAV-verified
SBI Infrastructure Fund
₹4,701 cr across 41 positions, as filed for 2026-09-30. Returns are the fund's AMFI growth-plan NAV; holdings and behavior come from its filed monthly portfolios.
Returns, against the category
Q2 FY27: +1% over 1 year against the median Sectoral / Thematic fund's +2%.
| Over | Quarter | 1 year | 3 years (ann.) | 5 years (ann.) |
|---|---|---|---|---|
| SBI Infrastructure Fund | −5% | +1% | +11% | +15% |
| Median Sectoral / Thematic fund | −2% | +2% | +12% | +11% |
+50%Q3 FY24+63%Q4 FY24+69%Q1 FY25+56%Q2 FY25+21%Q3 FY25+2%Q4 FY25−4%Q1 FY26−12%Q2 FY26−1%Q3 FY26−6%Q4 FY26+1%Q1 FY27+1%Q2 FY27
What moved the fund, last 12 filed months
Contribution = the fund's filed weight each month × that stock's price move in its own filings, in percentage points of NAV. Corporate-action months are left out.
| Stock | 12 months | Latest month |
|---|---|---|
| Adani Energy Solutions Ltd. | +3.0 pp | −0.2 pp |
| Bharat Heavy Electricals Ltd. | +1.6 pp | −0.2 pp |
| Bank of India | +1.1 pp | 0.0 pp |
| Grindwell Norton Ltd. | +1.1 pp | −0.0 pp |
| Adani Ports and Special Economic Zone Ltd. | +1.0 pp | +0.5 pp |
| Stock | 12 months | Latest month |
|---|---|---|
| Shree Cement Ltd. | −1.7 pp | −0.2 pp |
| Reliance Industries Ltd. | −1.5 pp | −0.8 pp |
| Ahluwalia Contracts (India) Ltd. | −1.1 pp | −0.2 pp |
| Ashoka Buildcon Ltd. | −0.8 pp | −0.1 pp |
| Samhi Hotels Ltd. | −0.6 pp | −0.0 pp |
Holdings, as filed for 2026-09-30
| Holding | Sector | % of fund | Value | Held for | Vs avg cost |
|---|---|---|---|---|---|
| Reliance Industries Limited | Oil, Gas & Consumable Fuels | 10.98% | ₹516 cr | 62 mo | -12% |
| Bharti Airtel Limited | Telecommunication | 5.98% | ₹281 cr | 62 mo | +48% |
| Larsen & Toubro Limited | Construction | 4.80% | ₹226 cr | 62 mo | +14% |
| Shree Cement Limited | Construction Materials | 4.75% | ₹223 cr | 51 mo | -12% |
| Adani Ports | Services | 4.59% | ₹216 cr | 12 mo | +24% |
| NTPC Limited | Power | 4.46% | ₹210 cr | 1 mo | 0% |
| Siemens Limited | Capital Goods | 3.96% | ₹186 cr | 17 mo | +14% |
| B H E L | Capital Goods | 3.54% | ₹166 cr | 17 mo | +60% |
| Powerica Limited | Capital Goods | 3.19% | ₹150 cr | 7 mo | +27% |
| Torrent Power Limited | Power | 3.18% | ₹150 cr | 53 mo | +13% |
| Grindwell Norton Limited | Capital Goods | 2.97% | ₹140 cr | 27 mo | -14% |
| Adani Energy Solutions Limited | Power | 2.80% | ₹131 cr | 17 mo | +43% |
| O N G C | Oil, Gas & Consumable Fuels | 2.40% | ₹113 cr | 12 mo | -12% |
| DLF Limited | Realty | 2.15% | ₹101 cr | 3 mo | +2% |
| JSW Steel | Metals & Mining | 2.13% | ₹100 cr | 5 mo | -2% |
How this fund actually behaves
Computed from every filed monthly portfolio (62 months of filings) by the research pipeline.
| Holding patience | Median months a position is held (25th–75th band) | 16 mo (8–27) |
| Win rate on exits | Closed positions sold above entry, and the payoff ratio (54 exits) | 69% · payoff 3.0× |
| Loser handling | Cuts losers vs averages down, from 12 months of filings | Averages down |
| Entry valuation discipline | Median P/E paid on entries over 36 months; share above 50× | 42× · 42% over 50× |
| Portfolio valuation today | Weighted P/E and P/B of the current book at filed prices | 43.8× P/E · 5.1× P/B |
| Churn | Stocks entered and exited in 12 months, of 41 positions | 27 in · 21 out |
| Concentration | Top 10 holdings' share; effective number of positions | 49% · ~23 effective |