ICICI Prudential Mutual Fund · Direct Growth · SEBI Category: Equity
ICICI Prudential Infrastructure Fund is India's largest infrastructure sector fund by AUM. The fund invests across the full infrastructure ecosystem — construction companies, cement, steel, capital goods makers, engineering firms, port and airport operators, power utilities and road developers. Its long history since 2005 means investors can evaluate performance across the government capex build-up (2004-2008), the post-GFC slowdown (2009-2014) and the current capex upcycle (2021-present).
The fund benefits from ICICI Pru's macro research capabilities — understanding where India is in the capex cycle is as important as stock-specific analysis in infrastructure investing. ICICI Pru's strong macro team, led by CIO Sankaran Naren, provides top-down direction to the infrastructure fund's sector allocation within the broader infrastructure universe.
Ihab Dalwai and Sri Sharma co-manage ICICI Prudential Infrastructure Fund. Dalwai is Fund Manager at ICICI Prudential MF with deep experience in cyclical sector investing — understanding the economic linkages between government spending, industrial production, commodity cycles and infrastructure company earnings. The fund has been operational since 2005 — one of the oldest infrastructure sector funds with a track record spanning multiple government capex cycles.
For current co-manager details and full biography, refer to the latest ICICI Prudential Mutual Fund factsheet on AMFI or the AMC website.
Informational points to help you form your own view — not judgements or recommendations.
Live data. Current fund highlighted. Click any fund name for full analysis.
| Fund | NAV | AAUM | 1Y Return | 3Y CAGR | 5Y CAGR | Sharpe (3Y) |
|---|---|---|---|---|---|---|
| ICICI Prudential Infrastructure Fund ▲ | ₹215.77 | ₹7.6K Cr Jan–Mar 2026 | +2.9% | +22.8% p.a. | +24.5% p.a. | 1.12 |
| Nippon India Power and Infra Fund | ₹412.68 | ₹6.5K Cr Jan–Mar 2026 | +10.9% | +26.3% p.a. | +24.4% p.a. | 1.19 |
| SBI Infrastructure Fund | ₹54.77 | ₹4.3K Cr Jan–Mar 2026 | +3.3% | +20.1% p.a. | +19.6% p.a. | 1.03 |
| Quant Infrastructure Fund | ₹45.02 | ₹2.8K Cr Jan–Mar 2026 | +11.4% | +22.6% p.a. | +21.4% p.a. | 0.82 |
| HDFC Infrastructure Fund | ₹51.72 | ₹2.3K Cr Jan–Mar 2026 | -1.5% | +23.0% p.a. | +22.4% p.a. | 1.11 |
Calculated from 2,566 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.
1M / 3M / 6M / 1Y — simple point-to-point return · 3Y / 5Y / 10Y — CAGR (compounded annual growth rate)
Based on all rolling windows in full NAV history. Dates show the start and end of each period.
Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.
Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →
How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.
Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.
Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →
Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.
See how ICICI Prudential Infrastructure Fund ranks against other Equity funds on returns, drawdown, Sharpe ratio and AAUM — side by side.
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