# IDFC Mutual Fund

> IDFC Mutual Fund is a VC fund backing Construction and Infrastructure. See 2 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Mumbai, India
- Total investments: 2
- Last investment: Feb 2018
- Lead investor: 0%
- Last updated: Aug 2026
- X (Twitter): https://twitter.com/IDFCMF
- Website: http://www.idfcmf.com
- Facebook: https://www.facebook.com/idfcamc

IDFC Mutual Fund is a VC fund in Mumbai focused on Construction and Infrastructure. IDFC Asset Management Company Ltd. was established in 2000 and is already one of the largest Mutual Fund houses in India. In a relatively short span of time, it has developed a robust network to deliver consistent value to its investors across India.IDFC AMC is among the few fund houses to get an ISO 9001:2000 certification for its entirerange of customer service activities.IDFC Ltd. (IDFC) and Natixis Global Asset Management (NGAM) have entered into a strategic partnership in IDFC AMC. This partnership will give IDFC AMC the ability to offer domestic investors access to international investment opportunities through investment products managed by NGAM. Natixis Global Asset Management is one of the largest asset managers in the world based on assets under management.

## Contacts

5 contacts available for IDFC Mutual Fund. Shizune tracks 2 team members at IDFC Mutual Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/idfc-mutual-fund?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Construction | 1 | 50% |
| Infrastructure | 1 | 50% |
| Civil Engineering | 1 | 50% |
| Information Technology | 1 | 50% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 1 | 50% |
| Private Equity | 1 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Kumar Naval | Founder & Managing Director | 0 | https://shizune.co/investors/profile/kumar-naval |
| Vikram Limaye | CEO | 0 | https://shizune.co/investors/profile/vikram-limaye-ea83 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| HG Infra Engineering | H.G. Infra Engineering Limited (HGIEL) is certified construction company engaged primarily in execution of infrastructure sector projects like highways, roads & bridges. Military Engineering Services(MES). The company also executes other civil construction projects like extension & grading of runways, railways & land development. Thecompany has diversified into water pipeline projects also in last few years. HGIEL was founded on 8 June, 2017 (Erstwhile known as HGIEPL which was incorporated in 2003 by their founder promoter Mr. Hodal Singh who has more than 40 years of experience in the construction sector. They are registered as grade 'AA' Class contractor with PWD, Rajasthan & 'SS' Category with Military Engineering Services(MES). |  | Private Equity | Feb 26, 2018 |  |
| Power Mech Projects | Power Mech Projects Ltd. Is an integrated power infrastructure services company providing comprehensive erection, testing and commissioning of boilers, turbines and generators ("ETC-BTG") and balance of plant ("BOP") works, civil works and operation and maintenance (O&M) services. Our operations include three principalbusiness lines: (i) Erection Works; (ii) Operation & Maintenance (O&M) Services; and (iii) Civil Works.Our experienced management team has been responsible for the growth of our operations over the years. Our senior management through a project management committee provides effective and direct supervision for project implementation at our various project sites. Our founding Chairman and Managing Director, Mr. S Kishore Babu has several years of experience in the power sector and has developed our business and operations since inception. We believe that our experienced and dynamic senior management team have been key to our success and will enable us to capitalize on future growth opportunities. | $13M |  | Aug 07, 2015 |  |

2 of 2 investments shown.

## Co-investors
- [DSP Blackrock](https://shizune.co/investors/profile/dsp-blackrock) — VC Fund, 2 deals together
- [DSP BlacRock India Tiger Fund](https://shizune.co/investors/profile/dsp-blacrock-india-tiger-fund) — VC Fund, 1 deal together
- [HDFC Mutual Fund](https://shizune.co/investors/profile/hdfc-mutual-fund) — VC Fund, 1 deal together
- [HDFC Trustee](https://shizune.co/investors/profile/hdfc-trustee) — VC Fund, 1 deal together
- [HSBC Mutual Fund](https://shizune.co/investors/profile/hsbc-mutual-fund) — VC Fund, 1 deal together
- [Kotak Mutual Fund](https://shizune.co/investors/profile/kotak-mutual-fund) — VC Fund, 1 deal together

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## Featured in investor lists
- [Construction Investors in India](https://shizune.co/investors/construction-investors-india)
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- [Infrastructure VC Funds in India](https://shizune.co/investors/infrastructure-vc-funds-india)

## FAQ

### What does IDFC Mutual Fund invest in?

IDFC Mutual Fund invests primarily in Construction, Infrastructure and Civil Engineering startups, most often at Funding Round and Private Equity stage. Most of the 2 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact IDFC Mutual Fund?

Public channels for IDFC Mutual Fund include X (Twitter), the website linked on this profile and Facebook. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at IDFC Mutual Fund?

The team at IDFC Mutual Fund includes Kumar Naval (Founder & Managing Director) and Vikram Limaye (CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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