HDFC Infrastructure Fund Direct Growth

HDFC Infrastructure Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Dhruv Muchhal, Srinivasan Ramamurthy. The fund could potentially beat inflation in the long-run.

1. HDFC Infrastructure Fund Direct Growth has ₹2483 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 1.1.
   

HDFC Infrastructure Fund Direct Growth has given a CAGR return of 12.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -3.08%, 27.86% and 34.31% respectively.

HDFC Infrastructure Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Basic Materials, Utilities, Energy, Communication, Real Estate, Health, Tech, Consumer Cyclical. Its top holdings are ICICI Bank Ltd, Larsen & Toubro Ltd, HDFC Bank Ltd, Kalpataru Projects International Ltd, J Kumar Infraprojects Ltd

As it is a equity - infrastructure mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

To seek long-term capital appreciation/income by investing predominantly in equity and equity related securities of companies engaged in or expected to benefit from the growth and development of infrastructure. There is no assurance that the investment objective of the Scheme will be realized.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Infrastructure Fund Direct Growth has no lock in period.