Mirae Asset Infrastructure Fund: NFO- Details & Review

Mirae Asset Infrastructure Fund: NFO- Details & Review

  • Sushil Bajaj |
  • 5 November 2025 |

📅 Last Updated on: November 5, 2025

India’s infrastructure story is accelerating — from expressways and renewable energy to digital connectivity and logistics. For investors seeking to participate in this nation-building opportunity, Mirae Asset Infrastructure Fund offers a professionally managed gateway.

This open-ended equity scheme follows the infrastructure theme, aiming to generate long-term capital appreciation by investing in companies directly or indirectly benefiting from India’s infrastructure development.

Quick Snapshot

ParticularsDetails
Scheme NameMirae Asset Infrastructure Fund
CategoryEquity – Sectoral/Thematic
TypeOpen-ended equity scheme following the infrastructure theme
Benchmark (Total Return Index)BSE Infrastructure TRI
Fund ManagerMs. Bharti Sawant
Plans AvailableRegular Plan and Direct Plan
OptionsGrowth and IDCW (Income Distribution cum Capital Withdrawal)
Minimum Investment₹5,000 (NFO); SIP – ₹99
Additional Investment₹1,000 and in multiples of ₹1 thereafter
Exit Load1% if redeemed within 1 year; Nil after 1 year
NFO PeriodOpens: Nov 17, 2025 → Closes: Dec 1, 2025
Re-opens for Continuous Sale/RedemptionDecember 5, 2025

The primary objective of Mirae Asset Infrastructure Fund is to generate long-term capital appreciation by investing mainly in equity and equity-related instruments of companies engaged directly or indirectly in infrastructure or that stand to benefit from India’s infrastructure expansion.

There is no guarantee or assurance that this investment objective will be achieved, but the strategy is designed to align with India’s ongoing development thrust.

Benchmark Details

Benchmark Index: BSE Infrastructure Total Return Index (TRI)

Tier: AMFI Tier-1 Benchmark

Why this Benchmark:

  • It tracks the performance of companies forming India’s infrastructure backbone.
  • It provides a fair comparative yardstick for the fund’s performance.
  • It complies with SEBI’s 2024 Master Circular on thematic benchmarks.

Why Invest in Mirae Asset Infrastructure Fund

1. Participate in India’s Infrastructure Boom

Government focus on roads, energy, logistics, housing, and urban development is driving massive capex. The fund allows you to benefit from these structural trends.

2. Diversified Infrastructure Exposure

Access multiple sectors — energy, construction, telecom, and transport — under one professionally managed portfolio.

3. Active Fund Management

Leverages Mirae Asset’s in-house research and bottom-up analysis to pick quality companies with strong growth potential.

4. Long-Term Wealth Creation

As infrastructure development unfolds over years, the fund’s long-term horizon aligns perfectly with investors seeking steady capital appreciation.

5. Professional Risk Management

Stringent internal controls monitor credit, liquidity, and volatility risk — ensuring portfolio stability without compromising opportunity.

Case Study: The “Capex Boom Effect” in Action

How Infrastructure Booms Create Long-Term Wealth?

Between 2003 and 2008, India’s last big infrastructure boom created massive wealth for engineering and construction companies — for instance, Larsen & Toubro’s stock price rose nearly 8–9× in that cycle (approx. 54% CAGR) as large projects and capital spending surged.

Fast-forward to today — the Union Budget 2025-26 earmarks ₹11.21 lakh crore for capital expenditure, according to the Press Information Bureau and PRS Legislative Research.
At the same time, private-sector spending is rebounding, with corporate capex crossing ₹11 lakh crore in FY25 (Economic Times / ICICI Securities).

Funds such as Mirae Asset Infrastructure Fund are positioned to benefit from this ongoing capex wave by investing across engineering, materials, energy, and logistics — sectors most likely to gain as India builds its next growth engine.


Sources: PIB Budget Highlights 2025-26 | PRS Budget Analysis 2025-26 | Economic Times (“Corporate Capex Crosses ₹11 L Cr in FY25”) | Mirae Asset Infrastructure Fund SID & KIM (Oct 2025)

Investment Style & Strategy

1. Active and Research-Driven

Mirae Asset follows an active fund management style, blending top-down macro views (like government policies, interest rates, capex trends) with bottom-up stock selection (analyzing company fundamentals).

2. Asset Allocation

Asset ClassMin (%)Max (%)Purpose
Equity of infrastructure-related companies80100Core holdings
Other equity020Diversification
Debt & Money Market Instruments020Liquidity and stability
REITs & InvITs010Income-yielding infrastructure exposure

3. Core Investment Philosophy

a. Invest in high-quality companies with strong balance sheets and competitive advantages.
b. Maintain liquidity and diversification to manage volatility.
c. Use derivatives prudently (up to 50% of assets) for hedging or tactical positioning.

Fees, Loads & Taxation

Expense Ratio: Check latest factsheet.
Exit Load: 1% if redeemed within 1 year ; Nil after 1 year

Taxation:

  1. Dividend taxable as per income tax slab.
  2. Short-term (<1 year): Taxed at 20%.
  3. Long-term (>1 year): Tax-free up to ₹1.25 lakh; beyond that taxed at 12.5% without indexation.

Dealing with the Pain Points of Investors

Many investors hesitate with equity mutual funds due to concerns like:

Fear of missing India’s growth story

Gives access to a professionally managed infra portfolio

Worried about volatility

Active management & diversification across sub-sectors

Limited understanding of infra companies

Fund manager handles research and allocation

Short-term returns anxiety

Long-term compounding through SIP discipline

Liquidity concerns

Daily redemption facility at NAV

Real-World Insight: How Thematic Funds Have Performed Historically

  • During 2004–2008, India’s last infra cycle saw infrastructure funds deliver up to 25–30% CAGR (Source: AMFI historical data).
  • Themes like capex and energy transition tend to outperform in expansion phases.
  • Mirae Asset’s fund enters at the beginning of a new cycle, potentially enhancing long-term outcomes.
Q1. Is Mirae Asset Infrastructure Fund risky?

Yes, as a sectoral fund it carries higher short-term volatility — but with strong long-term potential if held through full economic cycles.

Q2. Who should consider investing?

Long-term investors (5+ years) who believe in India’s growth potential and can tolerate short-term fluctuations.

Q3. Is SIP a better route?

Yes. SIPs help you average cost and stay invested through market cycles.

Q4. What sectors does the fund focus on?

Energy, transportation, materials, telecom, logistics, financials, and engineering — all linked to infrastructure.

Q5. Can it replace a diversified equity fund?

No — it should complement, not replace, your core diversified portfolio.

The Mirae Asset Infrastructure Fund isn’t just a thematic investment — it’s a practical, forward-looking opportunity to align your portfolio with India’s growth blueprint.

From renewable energy to urban connectivity, from smart logistics to manufacturing corridors — this fund captures the sectors shaping tomorrow’s India.

Start small, stay invested, and let infrastructure be the bridge between your savings and India’s transformation.

Disclaimer
This article is for informational purposes only and does not constitute financial advice. Before investing, you should consult a qualified financial advisor, consider your risk tolerance, investment horizon, and review the latest scheme documents, factsheet and disclosures from Mirae Asset Mutual Fund.

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