SBI Infrastructure Fund has increased its exposure to banking, oil & gas, while decreased its weightage to engineering & capital goods and utilities sector. (View - What is SBI Infrastructure Fund buying / selling?)

The analysis of the scheme for April 2008 reveals that in the banking space, it bought SBI but sold nearly 3 lakh shares of IDFC. In the oil & gas sector, it purchased Aban Offshore and sold Reliance Industries.

In the engineering & capital goods pack, it bought Kalpataru Power, but sold KEC Infrastructure. It sold Reliance Infra and Tata Power in the utilities sector.

Larsen, Reliance Industries and IDFC were the top stocks held by the scheme in March.  Engineering (19.29%), Banking (17.26%), and Cement (11.18%) were the top invested sectors in the scheme's portfolio. (Check out - Top stocks held by SBI Infrastructure Fund).

The equity exposure of the scheme has dropped from 92.10% to 91.56%. The total assets managed by the scheme were of Rs 2602.71 crore as on April 30, 2008.
 
Over the last one-year, SBI Infrastructure Fund has yielded 13.1% returns as against 29.08% yielded by its benchmark BSE 100 as on May 9, 2008.

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