India's Next Big Growth Engine? Mirae Asset Unveils Infrastructure Fund – Your Chance to Invest!

Mutual Funds

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Updated on 13 Nov 2025, 06:29 am

Mirae Asset Investment Managers (India) has introduced the Mirae Asset Infrastructure Fund, a new open-ended equity scheme designed to offer investors exposure to companies pivotal to India's infrastructure ecosystem. The fund's investment universe includes sectors such as construction, logistics, power, telecom, building materials, data centres, healthcare infrastructure, and infrastructure financing entities.

The New Fund Offer (NFO) period for subscription is scheduled from November 17 to December 1, 2023, with continuous sale and repurchase commencing on December 8. The minimum investment required during the NFO is ₹5,000, with subsequent investments in multiples of ₹1.

This scheme will be benchmarked against the BSE India Infrastructure Total Return Index (TRI). Its investment strategy mandates allocating at least 80% of its assets to equity and equity-related instruments of infrastructure-related companies. Additionally, it can invest up to 10% in units of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), with the remainder in debt and money market instruments.

The fund house highlights that India's infrastructure sector is experiencing a significant growth phase, bolstered by substantial public and private capital expenditure. Initiatives like PM Gati Shakti, Bharatmala, Sagarmala, and the National Infrastructure Pipeline are key drivers supporting this expansion.

Impact: This launch signifies increased investor options for capitalising on India's infrastructure development. It may lead to greater fund flows into related companies, potentially boosting their valuations and overall sector sentiment. A rating of 6/10 reflects its relevance for investors looking to gain targeted exposure to a key growth theme in India.

Definitions: * **Open-ended equity scheme**: An investment fund that continuously offers shares and does not have a fixed maturity date, allowing investors to buy or sell units daily at the Net Asset Value (NAV). * **NFO (New Fund Offer)**: The initial period during which a mutual fund scheme is available for subscription when it is first launched. * **Benchmark**: A standard or index against which the performance of an investment or fund is measured. * **TRI (Total Return Index)**: An index that includes both capital appreciation and dividend reinvestment, providing a comprehensive measure of performance. * **REITs (Real Estate Investment Trusts)**: Companies that own, operate, or finance income-generating real estate, allowing individuals to invest in real estate portfolios. * **InvITs (Infrastructure Investment Trusts)**: Trusts that own income-generating infrastructure assets and are a way for investors to pool money to invest in infrastructure projects. * **PM Gati Shakti**: A national master plan for multi-modal connectivity aimed at improving logistics efficiency and reducing transportation costs in India. * **Bharatmala**: A government-led scheme focused on improving road connectivity across India. * **Sagarmala**: A project aiming to develop India's coastline and ports, enhancing maritime trade and transport. * **National Infrastructure Pipeline**: A government vision to ensure world-class infrastructure and improve the quality of life for citizens.