Should you jump on the infrastructure fund gravy train?

India is hungry for growth. Its galloping infrastructure spending attests to that. A record-high budgeted spend of over Rs 11 lakh crore has been carved out for FY25. Investors naturally hope to pocket the expected gains from this structural play and infrastructure mutual funds are one such vehicle for them to do so. So, are these funds really worth your money? Let's take a deep-dive. Where do infrastructure funds invest? India's infrastructure goes beyond just roads and bridges, it includes sectors such as transportation, energy, water and sanitation, communications, social and commercial infrastructure. Infrastructure funds invest across these lines to capture the broad array. How many infrastructure funds are there? There are 16 sectoral and thematic infrastructure funds at present, two of which are passively managed. These track the Nifty Infrastructure Total Returns Index (TRI). The rest are actively managed, benchmarked against the Nifty Infras