Bandhan Infrastructure Fund
Direct · GrowthAI Summary
Bandhan Infrastructure Fund has delivered a 3Y SIP XIRR of 22.93% and 5Y SIP XIRR of 21.78%, outperforming the category averages of 18.48% and 19.61% respectively. However, its 1Y SIP XIRR of 11.51% trails the category average of 12.15%, and calendar year returns show sharp swings, including -25.03% in 2018 and 65.07% in 2021. Over the long term, the 10Y SIP XIRR of 19.59% remains ahead of the category's 18.16%.
The fund has experienced 8 drawdown events exceeding 10%, with a maximum drawdown duration of 806 days and a recovery period of 423 days, indicating prolonged recovery cycles typical of cyclical sector funds. Calmar ratios between 0.27 and 0.37 across horizons suggest moderate risk-adjusted returns relative to drawdown depth. The consecutive negative calendar years of 2025 (-6.54%) and 2026 (-7.63%) highlight the fund's sensitivity to infrastructure cycle downturns.
No individual holdings or sector allocation data was provided, so a detailed composition analysis cannot be made. As a sectoral infrastructure fund, the portfolio is expected to be concentrated in capital goods, construction, power, and related cyclical sectors, which limits diversification by design. Investors should verify current holdings and sector weights before investing, as concentration is inherent to this category.
The fund has beaten the category average SIP XIRR across the 3Y, 5Y, 7Y, 10Y, and 12Y horizons, demonstrating consistent long-term outperformance versus sectoral peers. Its only lag is the 1Y horizon, where 11.51% falls short of the category's 12.15%. The strong 3Y and 5Y figures suggest the fund has capitalized well on the recent infrastructure upcycle.
This fund is suitable for aggressive investors with high risk tolerance who understand sectoral concentration risk and can withstand drawdowns lasting over two years. A time horizon of at least 5-7 years is advisable to ride through infrastructure cycles, as evidenced by the 806-day maximum drawdown duration. It should be used as a satellite allocation within a diversified portfolio, not as a core holding.
- 3Y SIP XIRR of 22.93% outperforms the category average of 18.48% by over 4 percentage points
- Consistent long-term outperformance, with 10Y SIP XIRR of 19.59% versus category's 18.16%
- Strong performance during infrastructure upcycles, delivering 49.89% in 2023 and 39.9% in 2024
- High volatility with 8 drawdown events exceeding 10% and a maximum drawdown duration of 806 days
- Recent underperformance with negative calendar returns in both 2025 (-6.54%) and 2026 (-7.63%), and 1Y SIP XIRR below the category average
Generated on 27-10-2026, 2:15 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.69 L | 23.0% | -67.2% | 141.9% |
| 3 Years | ₹36.00 L | ₹48.99 L | 18.8% | -35.2% | 57.6% |
| 5 Years | ₹60.00 L | ₹93.85 L | 18.1% | -17.1% | 47.1% |
| 7 Years | ₹84.00 L | ₹1.57 Cr | 17.8% | -7.7% | 33.9% |
| 10 Years | ₹1.20 Cr | ₹3.28 Cr | 19.6% | 13.5% | 26.0% |
| 12 Years | ₹1.44 Cr | ₹4.64 Cr | 18.6% | 15.4% | 22.3% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | Category avg |
|---|---|---|
| 1 Year | 23.0% | 12.1% |
| 3 Years | 18.8% | 18.5% |
| 5 Years | 18.1% | 19.6% |
| 7 Years | 17.8% | 17.5% |
| 10 Years | 19.6% | 18.2% |
| 12 Years | 18.6% | 17.6% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 21.2% | 10.0% | -42.8% | 119.3% | 0.44 | 1.27 | 67% | — | — |
| 3 Years | 18.4% | 19.7% | -15.2% | 44.9% | 0.91 | 2.41 | 91% | — | — |
| 5 Years | 16.9% | 15.7% | -4.8% | 42.2% | 1.02 | 5.73 | 97% | — | — |
| 10 Years | 17.4% | 17.5% | 12.1% | 20.9% | 5.65 | — | 100% | — | — |