Fundalysisby DARKHORSESTOCKS

Scheme

LIC MF Infrastructure Fund

Holds 52 companies worth ₹1,068 Cr in Sept 2026.

  • Fund house

    LICThe fund house that runs this scheme.

  • AUM

    ₹1,153 CrLIC MF Infrastructure Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 1.8% on Aug 2026, ₹1,174 Cr.

  • Largest holding

    Indo MIM LimitedIndo MIM Limited is 5.5% of this scheme's NAV.

  • Fund manager

    Mahesh BendreRuns it since 1 Jul 2024, as the fund house dates it.

Overview(31 Aug 2026)

Fund managers1

  1. Mahesh BendreFund manager · Jul 2024
  1. Sumit BhatnagarApr 2026 – Jul 2026
  2. Yogesh PatilSept 2020 – Apr 2026

Key facts

Benchmark
Nifty Infrastructure TRI
Risk
Very High
Expense
Regular 4.24% · Direct 2.9%
Exit load
12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 90 days from the date of allotment of units. 1% on remaining units if redeemed or switched out on or before completion of 90 days from the date of allotment of units. Nil, if redeemed or switched out after completion of 90 days from the date of allotment of units.
Started
24 Mar 2008
Minimum
₹5,000

Source.Its Scheme Summary Document as of 31 Aug 2026 at AMFI.

What changed(11 changes)

Jul 2026

1 change
  1. Sumit Bhatnagar left
    5 Julran it as fund manager from Apr 2026

Apr 2026

3 changes
  1. Sumit Bhatnagar joined
    11 Apras fund manager
  2. Yogesh Patil left
    11 Aprran it as fund manager from Sept 2020
  3. Expense ratio
    7 AprRegular 2.26% → 4.24%Direct 1.01% → 2.9%

Jan 2026

1 change
  1. Expense ratio
    29 JanRegular 2.2% → 2.26%Direct 0.8% → 1.01%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Sept 2020 – now)

  1. Mahesh Bendre
  2. Sumit Bhatnagar
  3. Yogesh Patil
MainCoSlice202120222023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Aug 2026)

Every change to the expense ratio, newest first.
9 changesRegularDirectΔ pt
7 Apr 20264.24%2.90%1.89
29 Jan 20262.26%1.01%0.21
15 Oct 20252.20%0.80%0
22 Jul 20252.18%0.80%0.23
13 May 20252.20%0.57%0.05
15 Apr 20252.26%0.62%0.06
7 Jan 20252.20%0.56%0.54
21 Oct 20242.34%1.10%0.31
14 Aug 20242.42%1.41%–
Direct plan, 7 Apr 2026
2.90%
Regular plan 4.24% · Exit load 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 90 days from the date of allotment of units. 1% on remaining units if redeemed or switched out on or before completion of 90 days from the date of allotment of units. Nil, if redeemed or switched out after completion of 90 days from the date of allotment of units.
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(31 Aug 2026)

Objective

The investment objective of the scheme is to generate long-term growth from a portfolio of equity / equity related instruments of companies engaged either directly or indirectly in the infrastructure sector. There is no assurance that the investment objective of the Scheme will be realized.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open ended equity scheme investing in Infrastructure sector
Benchmark
Nifty Infrastructure TRI

Asset allocation it may hold% of NAV

  1. Equity and equity related instruments of companies engaged either directly or indirectly in the infrastructure sector
    Allowed80–100%Holds92.6%
  2. Equity and equity related instruments of companies engaged other than the infrastructure sector. Money market instruments, other liquid instruments, INVITs and mutual fund units including Gold /Silver ETFs
    Allowed0–20%

Holds in Sept 2026.92.6% equity · 7.4% debt and cash

How to invest(31 Aug 2026)

Buying

To start
₹5,000, then in multiples of ₹1
To add
₹500, then in multiples of ₹1
Most
No Limit
Systematic
SIP Details - Daily, Weekly, Monthly, Quarterly | SWP Details - Monthly, Quarterly ,Half Yearly,Yearly | STP Details - Daily, Weekly, Monthly, Quarterly
Dates
SIP : Daily - All business day, Weekly – Between Monday to Friday, Monthly - Any date between 1st to 28th, Quarterly - Any date between 1st to 28th| SWP Details - Monthly, Quarterly ,Half Yearly & Yearly - Any date between 1st to 28th | STP : Daily - All business day, Weekly - Monday to Friday* (*Default will be Friday), Monthly & Quarterly - Any date between 1st to 28th (*Default date/day-10th of the month)
Minimum
SIP Details - 100, 150,200, 1000 | SWP Details - 500,500,500,500 | STP Details - 100, 500, 500, 500, then sIP Details - 1 | SWP Details - 1 | STP Details - 1
Instalments
"SIP Details - 60,40,30,6 | SWP Details - 6,4,4,4 | STP : 60,12,12,12"
Most
SIP Details - No Limit | SWP Details - No Limit | STP Details - No Limit

Selling and switching

To redeem
₹500 or 1 units
Minimum balance
₹500 or 0.001 units
Switch minimum
Switch - in: Rs.5000 and multiples of Rs. 1/- thereafter. Switch-out :Rs. 500 and multiples of Rs. 1/- thereafter or 0.001 units
Switch multiples
₹1 or No Limit units
Switch most
No Limit or No Limit units

Scheme details(31 Aug 2026)

What it is

Category
Thematic Fund
Offer
31 Jan 2008 to 29 Feb 2008
Started
24 Mar 2008
Plans
Regular Plan-IDCW Payout|Regular Plan-IDCW Reinv|Regular Plan-Growth|Direct Plan-IDCW Payout|Direct Plan-IDCW Reinv|Direct Plan-Growth
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
Standard Chartered Bank
Auditor
M/s. Deloite Haskins & Co LLP
Registrar
KFin Technologies Ltd
SEBI code
LICM/O/E/THE/07/11/0014