Good evening :)

List of the Best Real Estate Mutual Funds in India (2026)

In 2025, India’s real estate sector attracted record institutional investment of ₹94,120 cr., while the market size stood at around ₹26.4 lakh cr. Policy support has also remained strong, with 100% FDI allowed in township projects and a single-window clearance system to reduce delays. Real estate mutual funds offer exposure to this growth through listed real estate-linked companies. Here, we cover some of the best real estate mutual funds in India.

Top Real Estate Mutual Funds in 2026

Real Estate Mutual Funds Screener (2026)

Here's the list of Top Real Estate Mutual Funds in India (2026)

Created by

@82600328260032

Showing 1 - 20 of 20 results

last updated at 8:00 AM IST 
NameMFs (20)↓↓Sub CategorySub Category↓↓PlanPlan↓↓AUMAUM↓↓CAGR 3YCAGR 3Y↓↓Expense RatioExpense Ratio↓↓CAGR 5YCAGR 5Y↓↓Absolute Returns - 1YAbsolute Ret. - 1Y↓↓NAVNAV↓↓Exit LoadExit Load↓↓VolatilityVolatility↓↓Tracking ErrorTracking Error↓
1.ICICI Pru Infrastructure Fund
ICICI Pru Infrastructure Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
7,553.54
7,553.54
24.85
24.85
1.18
1.18
27.47
27.47
11.90
11.90
218.51
218.51
1.00
1.00
14.78
14.78
6.96
6.96
2.DSP India T.I.G.E.R Fund
DSP India T.I.G.E.R Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
4,979.31
4,979.31
28.50
28.50
0.89
0.89
26.58
26.58
20.76
20.76
377.18
377.18
1.00
1.00
14.51
14.51
7.82
7.82
3.LIC MF Infra Fund
LIC MF Infra Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
904.53
904.53
30.41
30.41
1.01
1.01
26.51
26.51
20.66
20.66
59.87
59.87
1.00
1.00
16.85
16.85
9.71
9.71
4.Canara Rob Infrastructure Fund
Canara Rob Infrastructure Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
864.25
864.25
28.00
28.00
1.07
1.07
26.27
26.27
17.61
17.61
194.31
194.31
1.00
1.00
14.74
14.74
7.16
7.16
5.HDFC Infrastructure Fund
HDFC Infrastructure Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
2,417.41
2,417.41
25.97
25.97
1.19
1.19
25.63
25.63
7.44
7.44
52.68
52.68
1.00
1.00
14.17
14.17
6.27
6.27
6.Franklin Build India Fund
Franklin Build India Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
3,173.61
3,173.61
27.53
27.53
0.99
0.99
25.60
25.60
12.50
12.50
170.81
170.81
1.00
1.00
14.39
14.39
6.66
6.66
7.Invesco India Infrastructure Fund
Invesco India Infrastructure Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
1,214.55
1,214.55
26.09
26.09
0.95
0.95
24.52
24.52
11.72
11.72
78.34
78.34
1.00
1.00
16.80
16.80
9.90
9.90
8.Bank of India Mfg & Infra Fund
Bank of India Mfg & Infra Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
647.14
647.14
27.63
27.63
0.62
0.62
24.42
24.42
25.43
25.43
74.39
74.39
1.00
1.00
14.89
14.89
8.58
8.58
9.Kotak Infra & Eco Reform Fund
Kotak Infra & Eco Reform Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
2,054.92
2,054.92
21.33
21.33
0.69
0.69
24.04
24.04
15.11
15.11
80.14
80.14
0.50
0.50
16.40
16.40
7.23
7.23
10.HSBC Infrastructure Fund
HSBC Infrastructure Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
2,057.60
2,057.60
23.92
23.92
1.02
1.02
23.81
23.81
14.69
14.69
56.24
56.24
1.00
1.00
15.95
15.95
6.76
6.76
11.Quant Infrastructure Fund
Quant Infrastructure Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
2,489.26
2,489.26
21.54
21.54
0.91
0.91
23.29
23.29
14.50
14.50
43.73
43.73
0.50
0.50
18.46
18.46
8.84
8.84
12.Bandhan Infrastructure Fund
Bandhan Infrastructure Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
1,277.67
1,277.67
24.62
24.62
0.97
0.97
23.04
23.04
5.52
5.52
57.45
57.45
0.50
0.50
17.04
17.04
9.34
9.34
13.Aditya Birla SL Infrastructure Fund
Aditya Birla SL Infrastructure Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
1,119.54
1,119.54
23.28
23.28
1.42
1.42
22.04
22.04
18.25
18.25
112.94
112.94
1.00
1.00
15.20
15.20
6.68
6.68
14.SBI Infrastructure Fund
SBI Infrastructure Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
4,108.96
4,108.96
21.96
21.96
1.04
1.04
21.99
21.99
7.12
7.12
55.04
55.04
0.50
0.50
14.04
14.04
5.81
5.81
15.Sundaram Infra Advantage Fund
Sundaram Infra Advantage Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
872.61
872.61
24.05
24.05
1.59
1.59
21.40
21.40
17.01
17.01
109.90
109.90
0.50
0.50
14.11
14.11
4.90
4.90
16.Tata Infrastructure Fund
Tata Infrastructure Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
1,790.38
1,790.38
20.45
20.45
1.21
1.21
21.20
21.20
12.47
12.47
193.35
193.35
0.25
0.25
15.90
15.90
9.00
9.00
17.UTI Infrastructure Fund
UTI Infrastructure Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
1,914.28
1,914.28
19.60
19.60
1.97
1.97
18.01
18.01
7.24
7.24
152.33
152.33
1.00
1.00
14.08
14.08
3.74
3.74
18.Taurus Infrastructure Fund
Taurus Infrastructure Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
7.96
7.96
18.33
18.33
2.45
2.45
15.30
15.30
5.65
5.65
70.72
70.72
1.00
1.00
15.44
15.44
5.39
5.39
19.Motilal Oswal Infrastructure Fund
Motilal Oswal Infrastructure Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
113.43
113.43
-
-
0.81
0.81
-
-
-
-
12.86
12.86
1.00
1.00
16.49
16.49
10.12
10.12
20.Mirae Asset Infrastructure Fund
Mirae Asset Infrastructure Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
375.06
375.06
-
-
0.75
0.75
-
-
-
-
10.71
10.71
1.00
1.00
21.91
21.91
9.59
9.59
Edit Filters

Analyse Real Estate Mutual Funds Further

Visit 'Real Estate Mutual Funds' ScreenerScreener

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Mutual Fund Screener and is subject to real-time updates.

Selection criteria: 5Y CAGR: Sorted from highest to lowest, Plan: Growth, Category: Equity, Sub-Category: Sectoral Fund - Infrastructure

What are Real Estate Mutual Funds in India

Real estate mutual funds are sectoral equity funds that invest a majority of their portfolio in companies operating across India's real estate and construction ecosystem. These realty mutual funds hold stocks of listed firms involved in residential and commercial property development, real estate services, construction materials, and infrastructure. Because the allocation is concentrated in one sector, the fund's returns are closely tied to the performance of India's property market and the broader construction economy.

Overview of the Best Real Estate Mutual Funds

ICICI Pru Infrastructure Fund

A sectoral equity fund from ICICI Prudential Mutual Fund that invests in companies across the infrastructure and real estate value chain, including construction firms, building material producers, real estate developers, and allied sectors. The fund aims for long-term capital appreciation by capturing growth across India's infrastructure buildout and urban real estate expansion.

DSP India T.I.G.E.R Fund

The DSP India T.I.G.E.R. Fund, which stands for The Infrastructure Growth and Economic Reforms Fund, is a thematic equity fund from DSP Mutual Fund. It invests in companies expected to benefit from infrastructure development, real estate, and economic reform-driven capital spending in India. The fund covers a broad real estate and infrastructure theme, including construction, power, logistics, and related industries.

LIC MF Infra Fund

A sectoral equity fund offered by LIC Mutual Fund that focuses on companies operating in the infrastructure and real estate sectors of India. It invests in construction firms, real estate developers, building materials companies, and other infrastructure-linked businesses. The fund is designed for investors seeking long-term capital growth by participating in India's infrastructure and urban development story.

Canara Rob Infrastructure Fund

A sectoral equity fund from Canara Robeco Mutual Fund that invests in infrastructure and real estate companies benefiting from India's growing urban and industrial development needs. The portfolio spans construction, real estate development, logistics infrastructure, and other allied capital goods sectors. It targets long-term wealth creation through companies driving India's physical growth story.

Franklin Build India Fund

A thematic equity fund from Franklin Templeton Mutual Fund that invests in companies involved in building and developing India's physical and economic infrastructure. This includes real estate developers, construction and engineering firms, cement and steel producers, and utilities. The fund is aligned with the long-term theme of India's development and aims to capture value across the infrastructure and real estate supply chain.

How to Invest in the Best Real Estate Mutual Funds in India ?

Here's how you can identify and invest in the best real estate mutual funds in India with Tickertape Mutual Fund Screener -

  1. Launch Tickertape Mutual Fund Screener.
  2. Select "Sectoral Fund - Infrastructure" in the category.
  3. Sort out the best real estate mutual funds based on over 50 fundamental and technical filters.
  4. After identifying the real estate funds in India that align with your investment thesis, click on "Place Order" to invest in the fund.

With Tickertape Mutual Fund Screener, you can invest via 'lump sum' or start a 'SIP' in Real Estate Mutual Funds. Moreover, by connecting your portfolio, you can do a deep analysis of your portfolio and assess its performance.

Taxation of Real Estate Mutual Funds

Capital gains tax depends on how long the units are held. The table below summarises the applicable rates for real estate mutual funds.

Capital Gains Tax Holding Period Tax Rate
Short-Term Capital Gains (STCG) Less than 12 months 20%
Long-Term Capital Gains (LTCG) More than 12 months 12.50%

Benefits of Investing in Real Estate Mutual Funds

Exposure to a High-Growth Sector

India's real estate sector is experiencing multi-year momentum driven by urbanisation, rising incomes, and government infrastructure spending. Real estate mutual funds give investors direct exposure to this expanding market through listed companies, without the need to purchase physical property.

Rising Luxury and Premium Demand

The demand for premium and luxury residential units is accelerating across India's top cities. With 36% of buyers now preferring homes priced above Rs. 90 lakh and luxury sales rising 28% YoY in 2025, the companies these funds invest in are positioned to benefit from this high-value segment.

Diversification Within the Sector

Real estate mutual funds hold a mix of developers, construction companies, building material firms, and infrastructure-adjacent businesses. This spread reduces the risk of dependence on any one company or sub-segment while keeping the portfolio aligned with the broader real estate theme.

Benefit from Institutional Investment Inflows

The Indian real estate sector attracted Rs. 37,625 cr. in institutional investments in the first nine months of 2025. Funds investing in realty stocks benefit indirectly from this capital confidence, as institutional money tends to support valuations and growth plans of the companies held.

Policy Tailwinds

Government reforms such as 100% FDI allowance in township development and the National Real Estate Policy 2025, which introduced single-window clearance and green-building incentives, reduce execution risk for developers. These changes can positively affect the earnings outlook of companies that real estate funds invest in.

Risks of Investing in Real Estate Mutual Funds

Sector Concentration Risk

Real estate mutual funds invest only in companies from the real estate and construction ecosystem. If the sector faces a slowdown due to policy changes, rising interest rates, or weak demand, the fund's performance can drop sharply compared to diversified equity funds.

Interest Rate Sensitivity

Real estate is one of the most interest-rate-sensitive sectors. When home loan rates rise, buyer demand typically slows, which can weigh on property prices and developer revenue. This directly affects the stocks held by real estate mutual funds.

Regulatory and Approval Delays

Despite improvements such as single-window clearance under the National Real Estate Policy 2025, project approvals and land acquisition remain complex. Delays in launches or completions can affect developer cash flows and, in turn, the performance of the funds holding their stocks.

Liquidity Risk in the Sector

Real estate as a sector can experience periods of low trading interest, especially during market downturns. While mutual funds themselves remain liquid, the underlying stocks may be volatile and prone to sharp corrections during periods of risk aversion.

Install the Tickertape app and enjoy a more hands-on investing experience
  • portfolio-iconReceive real-time market alerts for timely decisions
  • portfolio-iconMonitor your portfolio from the palm of your hands
  • portfolio-iconWatchlist stocks and mutual funds to stay updated
Download Now

Who Should Consider Real Estate Mutual Funds?

Sector-Focused Investors

Investors who want concentrated exposure to India's property and construction ecosystem may find real estate mutual funds suitable. These funds invest in listed companies across the real estate value chain, offering a focused thematic allocation without direct property ownership.

Long-Term Growth Seekers

India's real estate sector is projected to benefit from long-running trends such as urbanisation, rising household incomes, infrastructure expansion, and growing demand for quality housing. Investors with a five-year-plus horizon may consider these funds as a vehicle for participating in this cycle.

Diversified Portfolio Holders

Since real estate mutual funds focus on a single sector, they are best suited as a complement to a broader diversified equity portfolio. Investors who already hold core diversified equity funds may evaluate real estate funds as a targeted thematic addition.

Macro-Aware Investors

Real estate fund performance is closely linked to interest rate cycles, government housing policy, and institutional capital flows. Investors who track these variables and can read sector signals may find it easier to time entries and exits in this category.

Factors to Consider Before Investing in Real Estate Mutual Funds

Sector-Specific Volatility

Real estate mutual funds can experience sharp swings based on macro factors like interest rates, government policy, and credit availability. Understanding that these funds move with the sector's cycle, not just the broader market, is important before committing capital.

Fund Portfolio Composition

Different real estate funds take varying exposures. Some focus more on residential developers, while others lean toward construction or infrastructure adjacent. Reviewing the top holdings, sectoral breakdown, and any overlap with infrastructure or capital goods themes helps set the right expectations.

Investment Horizon

Real estate as a sector tends to play out over longer cycles. Short-term volatility can be significant. Investors typically need a horizon of five years or more to ride out sector-specific corrections and benefit from broader structural growth trends.

Expense Ratio and Exit Load

Sectoral funds may carry higher expense ratios than diversified equity funds. Exit loads also vary across fund houses. Understanding these costs matters, as they directly affect net returns, especially in shorter holding periods.

Macroeconomic Linkages

Real estate performance is tied to broader economic trends such as GDP growth, employment levels, income growth, and government capital expenditure. Tracking these factors gives a clearer picture of whether the underlying environment supports further growth in this sector.

Conclusion

Real estate mutual funds offer a focused way to invest in India's property and construction sector. With luxury home sales rising 28% year-on-year, institutional investments crossing Rs. 37,625 cr. in the first nine months of 2025, and policy reforms improving project execution, the sector carries strong structural momentum. Understanding factors such as interest rate sensitivity, fund portfolio composition, and sector-specific risk helps investors assess whether this category fits their overall strategy. Investors can use the Tickertape Mutual Fund Screener to study each real estate mutual fund in detail, compare portfolios, review sector weights, and analyse past performance to support their research and decision-making.

Popular Stock Collections

Popular Mutual Fund Collections

Frequently Asked Questions About Real Estate Mutual Funds

  1. What are real estate mutual funds?

    Real estate mutual funds are sectoral equity funds that invest primarily in companies engaged in property development, construction, real estate services, and allied segments. These funds hold stocks of listed firms involved in residential and commercial real estate, building materials, and infrastructure construction.

  2. What are the top 5 real estate mutual funds in India?

    As of 21 April 2025, some of the top real estate mutual funds in India based on 3-year annualised returns include:
    1. ICICI Pru Infrastructure Fund
    2. DSP India T.I.G.E.R Fund
    3. Franklin Build India Fund
    4. LIC MF Infrastructure Fund
    5. Canara Rob Infrastructure Fund


    Disclaimer: Please note that the real estate funds list is for educational purposes only, and is not recommendatory.

  3. How do property funds work?

    These property funds pool capital from investors and deploy it into a portfolio of listed real estate and construction companies. The fund's performance depends on property demand trends, interest rate movements, policy changes, developer earnings, and the overall health of India's construction and housing ecosystem.

  4. Are real estate mutual funds a safe investment?

    Whether real estate mutual funds are considered safe depends on several factors. Their performance is closely tied to interest rate cycles, government housing policy, developer credit access, and broader economic conditions. Because they invest only in one sector, they can be more sensitive to these variables than diversified equity funds.

    Disclaimer: Please note that this information is for educational purposes only, and is not recommendatory.

  5. Are real estate mutual funds suitable for beginners?

    Realty mutual fund may appeal to beginners who have an interest in the property sector and want thematic exposure. However, the concentrated nature of these funds means performance can fluctuate more sharply than broad-market funds, particularly during interest rate changes or sector downturns.

    Disclaimer: Please note that this information is for educational purposes only, and is not recommendatory.

  6. How are real estate mutual funds taxed in India?

    Realty mutual funds follow the same tax rules as other equity-oriented funds. If the units are sold within 12 months, the gains are treated as Short-Term Capital Gains (STCG) and taxed at 20 per cent. When the holding period exceeds 12 months, the gains fall under Long-Term Capital Gains (LTCG) and are taxed at 12.50 per cent.

Disclaimer: This article is for informational purposes only. The content of the article including securities/investment products mentioned if any, should not in any manner be construed as an investment or financial advice.