What stocks does BANDHAN Infrastructure Fund hold?

BANDHAN Infrastructure Fund holds a portfolio of Indian equity stocks disclosed monthly by Bandhan Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages BANDHAN Infrastructure Fund?

BANDHAN Infrastructure Fund is managed by Bandhan Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is BANDHAN Infrastructure Fund?

BANDHAN Infrastructure Fund is classified as a Equity mutual fund under SEBI's mutual fund categorisation framework.

How often is BANDHAN Infrastructure Fund portfolio data updated?

Portfolio holdings for BANDHAN Infrastructure Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Bandhan Mutual Fund

BANDHAN Infrastructure Fund-Direct Plan-Growth

Equity Data as of Sep 2026 Comparing Aug 2026 → Sep 2026

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Stocks Held

Sep 2026

Equity Holdings

₹1,373.86 Cr

Equity only, excl. debt & cash

AAUM

₹1,445.29 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

23.3%

Diversified

Top 10 Weight

41.9%

Moderate

Changes

4 new · 2 exits

Top Sector

Construction

17.7% of portfolio

Launch Date

07 Feb 2011

10+ year track record

AAUM (Average Assets Under Management) of ₹1,445.29 Cr for Jul-Sep 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month BANDHAN Infrastructure Fund made 4 new additions and exited 2 stocks this month. The biggest new buy was Orient Cables India Limited (Industrial Products) at 0.36% weight. Siemens Energy India Limited was the biggest exit (Electrical Equipment), which was held at 0.39%. Among existing holdings, Centum Electronics Ltd. saw the biggest increase — now at 2.94% of the portfolio. Adani Enterprises Limited was trimmed the most, now at 1.21%. Larsen & Toubro Limited remains the top holding with Construction the dominant sector at 17.7%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · BANDHAN Infrastructure Fund-Direct Plan-Growth

-7.86%

-10.71%

-9.40%

-10.64%

Latest NAV

₹52.45

23 Oct 2026

52W High

₹60.92

-14% from High

52W Low

₹48.84

+7% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

-5.8%

2024

+41.0%

2023

+52.2%

2022

+2.9%

2021

+66.9%

2020

+7.4%

2019

-4.2%

2018

-24.9%

2017

+61.5%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

23.0%

+ve in 66% windows

119.8% / -42.7%

3Y Rolling Avg

19.4% p.a.

+ve in 87% windows

45.7% / -14.1%

5Y Rolling Avg

20.8% p.a.

+ve in 100% windows

42.7% / 5.3%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-27.5%

Rec: not yet

COVID-19 Crash

-39.3%

Rec: Dec 2020 (1yr)

2022 Rate Hike

-21.8%

Rec: Dec 2022 (8 mo)

2018 IL&FS

-20.5%

Rec: Feb 2021 (3yr 4mo)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.28

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.38

Penalises downside volatility only.

Std Deviation (3Y)

19.3%

Lower = more consistent returns.

NAV Chart ₹52.45 23 Oct 2026

Simple Moving Avg: Click to draw · click again to remove

BANDHAN Infrastructure Fund-Direct Plan-Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹52.45

Sector Shift Industry allocation month-over-month

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Construction	19.1%	18.6%	▼ -0.5%
Power	14.7%	14.8%	● +0.1%
Industrial Products	8.7%	9.2%	▲ +0.5%
Electrical Equipment	6.6%	7.3%	▲ +0.7%
Aerospace & Defense	5.9%	6.2%	▲ +0.4%
Transport Services	5.8%	5.9%	▲ +0.2%
Petroleum Products	4.7%	4.8%	▲ +0.1%
Telecom - Services	5.3%	4.6%	▼ -0.7%
Cement & Cement Products	4.2%	4.5%	▲ +0.3%
Transport Infrastructure	4.6%	4.4%	▼ -0.2%

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Construction	18.6%	17.7%	▼ -0.9%
Power	14.8%	16.1%	▲ +1.3%
Industrial Products	9.2%	9.2%	● +0.1%
Aerospace & Defense	6.2%	6.9%	▲ +0.7%
Electrical Equipment	7.3%	6.7%	▼ -0.6%
Transport Services	5.9%	5.9%	● -0.1%
Transport Infrastructure	4.4%	5.0%	▲ +0.6%
Petroleum Products	4.8%	4.6%	▼ -0.2%
Telecom - Services	4.6%	4.5%	● -0.1%
Cement & Cement Products	4.5%	4.5%	● -0.1%

🟢

Biggest New Buy

Orient Cables India Limited

0.36% weight · Industrial Products

🔴

Biggest Exit

Siemens Energy India Limited

0.39% was held · Electrical Equipment

↑

Biggest Add

Centum Electronics Ltd.

+0.87% · now 2.94%

↓

Biggest Trim

Adani Enterprises Limited

-0.59% · now 1.21%

🤝 Other funds also bought this month

HEG Graphite Limited 46 funds

Orient Cables India Limited 7 funds

Aarti Industries Limited 5 funds

Deepak Fertilizers and Petrochemicals Corporation Limited 2 funds

👋 Other funds also exited

GE Vernova T&D India Limited 28 funds

Siemens Energy India Limited 13 funds

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🟢 4 New Entries 🔴 2 Exits ↑ 23 Increased ↓ 36 Decreased

#	Stock	Sector	Weight (Sep 2026)
1	Orient Cables India Limited ₹5.00 Cr	Industrial Products	0.36%
2	HEG Graphite Limited ₹3.70 Cr	Miscellaneous	0.27%
3	Aarti Industries Limited ₹1.50 Cr	Chemicals & Petrochemicals	0.11%
4	Deepak Fertilizers and Petrochemicals Corporation Limited ₹13.09 L	Chemicals & Petrochemicals	0.01%

#	Stock	Sector	Last Weight (Aug 2026)
1	Siemens Energy India Limited ₹5.60 Cr	Electrical Equipment	0.39%
2	GE Vernova T&D India Limited ₹2.11 Cr	Electrical Equipment	0.15%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	Centum Electronics Ltd. ₹40.94 Cr	Aerospace & Defense	2.07%	2.94%	+0.87%
2	Adani Ports and Special Economic Zone Limited ₹55.15 Cr	Transport Infrastructure	3.41%	3.96%	+0.55%
3	Talwandi Sabo Power Limited ₹14.98 Cr	Power	0.59%	1.07%	+0.48%
4	Power Grid Corporation of India Limited ₹7.73 Cr	Power	0.20%	0.56%	+0.36%
5	GPT Infraprojects Limited ₹56.01 Cr	Construction	3.66%	4.02%	+0.36%
6	Adani Power Limited ₹15.37 Cr	Power	0.81%	1.10%	+0.29%
7	PTC India Financial Services Limited ₹36.06 Cr	Finance	2.34%	2.59%	+0.25%
8	Azad Engineering Ltd ₹48.77 Cr	Electrical Equipment	3.32%	3.50%	+0.18%
9	Acme Solar Holdings Ltd ₹21.70 Cr	Power	1.39%	1.56%	+0.17%
10	ISGEC HEAVY ENGINEERING LIMITED ₹14.72 Cr	Construction	0.90%	1.06%	+0.16%
11	JSW Steel Limited ₹10.04 Cr	Ferrous Metals	0.58%	0.72%	+0.14%
12	GAIL (India) Limited ₹19.70 Cr	Gas	1.28%	1.41%	+0.13%
13	Tata Power Company Limited ₹20.14 Cr	Power	1.36%	1.45%	+0.09%
14	HEG Limited ₹6.63 Cr	Industrial Products	0.40%	0.48%	+0.08%
15	Vedanta Limited ₹11.00 Cr	Diversified Metals	0.72%	0.79%	+0.07%
16	Torrent Power Limited ₹17.72 Cr	Power	1.21%	1.27%	+0.06%
17	Carborundum Universal Limited ₹14.85 Cr	Industrial Products	1.01%	1.07%	+0.06%
18	Kilburn Engineering Limited ₹8.21 Cr	Industrial Manufacturing	0.53%	0.59%	+0.06%
19	NTPC Limited ₹47.46 Cr	Power	3.36%	3.41%	+0.05%
20	GMR Airports Limited ₹14.20 Cr	Transport Infrastructure	0.97%	1.02%	+0.05%
21	Transport Corporation of India Ltd. ₹11.15 Cr	Transport Services	0.78%	0.80%	+0.02%
22	Black Buck Ltd ₹8.68 Cr	Transport Services	0.61%	0.62%	+0.01%
23	Automotive Axles Ltd ₹3.60 Cr	Auto Components	0.25%	0.26%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	Adani Enterprises Limited ₹16.92 Cr	Metals & Minerals Trading	1.80%	1.21%	-0.59%
2	PNC Infratech Limited ₹7.75 Cr	Construction	1.07%	0.56%	-0.51%
3	Larsen & Toubro Limited ₹81.97 Cr	Construction	6.15%	5.88%	-0.27%
4	Tega Industries Limited ₹14.14 Cr	Industrial Manufacturing	1.28%	1.01%	-0.27%
5	Fortis Healthcare Limited ₹25.49 Cr	Healthcare Services	2.09%	1.83%	-0.26%
6	PTC Industries Limited ₹28.00 Cr	Industrial Products	2.24%	2.01%	-0.23%
7	Reliance Industries Limited ₹64.06 Cr	Petroleum Products	4.81%	4.60%	-0.21%
8	Kirloskar Brothers Limited ₹67.73 Cr	Industrial Products	5.06%	4.86%	-0.20%
9	Ahluwalia Contracts (India) Limited ₹23.75 Cr	Construction	1.87%	1.70%	-0.17%
10	Bharat Electronics Limited ₹50.78 Cr	Aerospace & Defense	3.79%	3.64%	-0.15%
11	Adani Energy Solutions Limited ₹40.97 Cr	Power	3.08%	2.94%	-0.14%
12	Amara Raja Energy & Mobility Ltd ₹11.65 Cr	Auto Components	0.97%	0.84%	-0.13%
13	InterGlobe Aviation Limited ₹53.51 Cr	Transport Services	3.96%	3.84%	-0.12%
14	Hitachi Energy India Limited ₹21.89 Cr	Electrical Equipment	1.68%	1.57%	-0.11%
15	H.G. Infra Engineering Limited ₹11.72 Cr	Construction	0.94%	0.84%	-0.10%
16	KEC International Limited ₹17.57 Cr	Construction	1.35%	1.26%	-0.09%
17	NCC Limited ₹10.54 Cr	Construction	0.85%	0.76%	-0.09%
18	Power Mech Projects Limited ₹11.67 Cr	Construction	0.93%	0.84%	-0.09%
19	Solar Industries India Limited ₹11.76 Cr	Chemicals & Petrochemicals	0.92%	0.84%	-0.08%
20	UltraTech Cement Limited ₹53.15 Cr	Cement & Cement Products	3.88%	3.82%	-0.06%
21	CG Power and Industrial Solutions Limited ₹14.62 Cr	Electrical Equipment	1.11%	1.05%	-0.06%
22	3M India Limited ₹16.51 Cr	Diversified	1.25%	1.19%	-0.06%
23	Neogen Chemicals Limited ₹8.72 Cr	Chemicals & Petrochemicals	0.69%	0.63%	-0.06%
24	Pace Digitek Limited ₹10.00 Cr	Telecom - Services	0.78%	0.72%	-0.06%
25	NHPC Limited ₹25.82 Cr	Power	1.90%	1.85%	-0.05%
26	IRB Infrastructure Developers Limited ₹7.66 Cr	Construction	0.60%	0.55%	-0.05%
27	Indo Tech Transformers Limited ₹4.22 Cr	Electrical Equipment	0.34%	0.30%	-0.04%
28	Cummins India Limited ₹6.44 Cr	Industrial Products	0.48%	0.46%	-0.02%
29	Ambuja Cements Limited ₹8.75 Cr	Cement & Cement Products	0.65%	0.63%	-0.02%
30	Siemens Limited ₹4.37 Cr	Electrical Equipment	0.33%	0.31%	-0.02%
31	Hindustan Zinc Limited ₹7.36 Cr	Non - Ferrous Metals	0.55%	0.53%	-0.02%
32	JSW Energy Limited ₹11.69 Cr	Power	0.86%	0.84%	-0.02%
33	Sona BLW Precision Forgings Limited ₹8.22 Cr	Auto Components	0.61%	0.59%	-0.02%
34	Ideaforge Technology Limited ₹4.60 Cr	Aerospace & Defense	0.35%	0.33%	-0.02%
35	Sundaram Clayton Limited ₹8.08 Cr	Auto Components	0.60%	0.58%	-0.02%
36	Bharti Airtel Limited ₹52.86 Cr	Telecom - Services	3.80%	3.79%	-0.01%

What Stocks Does This Fund Hold?

68 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	Larsen & Toubro Limited ₹81.97 Cr	Construction	5.88%
2	Kirloskar Brothers Limited ₹67.73 Cr	Industrial Products	4.86%
3	Reliance Industries Limited ₹64.06 Cr	Petroleum Products	4.60%
4	GPT Infraprojects Limited ₹56.01 Cr	Construction	4.02%
5	Adani Ports and Special Economic Zone Limited ₹55.15 Cr	Transport Infrastructure	3.96%
6	InterGlobe Aviation Limited ₹53.51 Cr	Transport Services	3.84%
7	UltraTech Cement Limited ₹53.15 Cr	Cement & Cement Products	3.82%
8	Bharti Airtel Limited ₹52.86 Cr	Telecom - Services	3.79%
9	Bharat Electronics Limited ₹50.78 Cr	Aerospace & Defense	3.64%
10	Azad Engineering Ltd ₹48.77 Cr	Electrical Equipment	3.50%
11	NTPC Limited ₹47.46 Cr	Power	3.41%
12	Centum Electronics Ltd. ₹40.94 Cr	Aerospace & Defense	2.94%
13	Adani Energy Solutions Limited ₹40.97 Cr	Power	2.94%
14	PTC India Financial Services Limited ₹36.06 Cr	Finance	2.59%
15	PTC Industries Limited ₹28.00 Cr	Industrial Products	2.01%
16	NHPC Limited ₹25.82 Cr	Power	1.85%
17	Fortis Healthcare Limited ₹25.49 Cr	Healthcare Services	1.83%
18	Ahluwalia Contracts (India) Limited ₹23.75 Cr	Construction	1.70%
19	Hitachi Energy India Limited ₹21.89 Cr	Electrical Equipment	1.57%
20	Acme Solar Holdings Ltd ₹21.70 Cr	Power	1.56%
21	Tata Power Company Limited ₹20.14 Cr	Power	1.45%
22	GAIL (India) Limited ₹19.70 Cr	Gas	1.41%
23	Torrent Power Limited ₹17.72 Cr	Power	1.27%
24	KEC International Limited ₹17.57 Cr	Construction	1.26%
25	Adani Enterprises Limited ₹16.92 Cr	Metals & Minerals Trading	1.21%
26	3M India Limited ₹16.51 Cr	Diversified	1.19%
27	Adani Power Limited ₹15.37 Cr	Power	1.10%
28	Talwandi Sabo Power Limited ₹14.98 Cr	Power	1.07%
29	Carborundum Universal Limited ₹14.85 Cr	Industrial Products	1.07%
30	ISGEC HEAVY ENGINEERING LIMITED ₹14.72 Cr	Construction	1.06%
31	CG Power and Industrial Solutions Limited ₹14.62 Cr	Electrical Equipment	1.05%
32	GMR Airports Limited ₹14.20 Cr	Transport Infrastructure	1.02%
33	Tega Industries Limited ₹14.14 Cr	Industrial Manufacturing	1.01%
34	Mahanagar Gas Limited ₹13.69 Cr	Gas	0.98%
35	Power Mech Projects Limited ₹11.67 Cr	Construction	0.84%
36	JSW Energy Limited ₹11.69 Cr	Power	0.84%
37	Amara Raja Energy & Mobility Ltd ₹11.65 Cr	Auto Components	0.84%
38	H.G. Infra Engineering Limited ₹11.72 Cr	Construction	0.84%
39	Solar Industries India Limited ₹11.76 Cr	Chemicals & Petrochemicals	0.84%
40	Transport Corporation of India Ltd. ₹11.15 Cr	Transport Services	0.80%
41	Vedanta Limited ₹11.00 Cr	Diversified Metals	0.79%
42	NCC Limited ₹10.54 Cr	Construction	0.76%
43	Pace Digitek Limited ₹10.00 Cr	Telecom - Services	0.72%
44	JSW Steel Limited ₹10.04 Cr	Ferrous Metals	0.72%
45	Ambuja Cements Limited ₹8.75 Cr	Cement & Cement Products	0.63%
46	Neogen Chemicals Limited ₹8.72 Cr	Chemicals & Petrochemicals	0.63%
47	Black Buck Ltd ₹8.68 Cr	Transport Services	0.62%
48	Sona BLW Precision Forgings Limited ₹8.22 Cr	Auto Components	0.59%
49	Kilburn Engineering Limited ₹8.21 Cr	Industrial Manufacturing	0.59%
50	GATEWAY DISTRIPARKS LTD ₹8.16 Cr	Transport Services	0.59%
51	Sundaram Clayton Limited ₹8.08 Cr	Auto Components	0.58%
52	PNC Infratech Limited ₹7.75 Cr	Construction	0.56%
53	Power Grid Corporation of India Limited ₹7.73 Cr	Power	0.56%
54	GPT Healthcare Limited ₹7.67 Cr	Healthcare Services	0.55%
55	IRB Infrastructure Developers Limited ₹7.66 Cr	Construction	0.55%
56	Hindustan Zinc Limited ₹7.36 Cr	Non - Ferrous Metals	0.53%
57	HEG Limited ₹6.63 Cr	Industrial Products	0.48%
58	Cummins India Limited ₹6.44 Cr	Industrial Products	0.46%
59	Orient Cables India Limited ₹5.00 Cr	Industrial Products	0.36%
60	Ideaforge Technology Limited ₹4.60 Cr	Aerospace & Defense	0.33%
61	Siemens Limited ₹4.37 Cr	Electrical Equipment	0.31%
62	Indo Tech Transformers Limited ₹4.22 Cr	Electrical Equipment	0.30%
63	HEG Graphite Limited ₹3.70 Cr	Miscellaneous	0.27%
64	KNR Constructions Limited ₹3.58 Cr	Construction	0.26%
65	Automotive Axles Ltd ₹3.60 Cr	Auto Components	0.26%
66	Aarti Industries Limited ₹1.50 Cr	Chemicals & Petrochemicals	0.11%
67	GSPL Transmission Limited ₹66.56 L	Gas	0.05%
68	Deepak Fertilizers and Petrochemicals Corporation Limited ₹13.09 L	Chemicals & Petrochemicals	0.01%