ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth

ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth

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Hybrid
Direct
Retirement
NAV: ₹ 26.26 as on 13-06-2024

About the Fund

ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth is a hybrid fund. This fund was started on 28 February, 2019. The fund is managed by Chandni Gupta, Lalit Kumar. This fund gives you the benefit of diversification.

Key Parameters

  1. ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth has ₹477 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth has given a CAGR return of 19.90% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 50.95%, 23.30% and 19.78% respectively.

Holdings

ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Basic Materials, Industrial, Consumer Cyclical, Financial Services, Communication, Health, Corporate, Real Estate, Energy, Tech, Utilities.

Taxation

As it is a retirement mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth

An open ended hybrid scheme predominantly investing in equity and equity related securities to generate capital appreciation. The scheme may also invest in Debt, Gold/Gold ETF/units of REITs & InvITs and such other asset classes as may be permitted from time to time for income generation / wealth creation. However, there is no assurance or guarantee that the investment objective of the Scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. There is a lock in period for ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth of 5 Years

Fund Performance
zero opening, trading, fund transfer fee
142 people have invested ₹ 8.2L in ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.75%
Benchmark
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM
AUM
₹477 Cr
Inception Date
Inception Date
28 February, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
5 Years
TurnOver
TurnOver
65.08%

ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth Distribution as on (30-Apr-24)

  • Equity 79.3%

  • Debt & Cash 20.7%

Size breakup

Large cap
42.9%
Mid cap
18.4%
Small cap
18%
Sector Allocation

Apr'24

Mar'24

Feb'24

Basic Materials
24.6%
Industrial
19.5%
Consumer Cyclical
16.2%
Financial Services
11.1%
Communication
6.9%
Health
6%
Real Estate
5.8%
Energy
5.3%
Tech
2.6%
Utilities
2%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 429.5 Cr
₹ 366.6 Cr
₹ 338.9 Cr
  • AUM of the fund stands at 429.5 Cr as of Apr'24
  • AUM increased by 62.9 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth as on (31-May-24)

  • Equity

  • Debt & Cash

Equity Holdings75
Debt Holdings6

Mutual Fund Insights

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Over the last 3 months, this fund has experienced a 40.7% growth in AUM moving from 338.89 Cr to 476.86 Cr.
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In the last 3 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 31.87% return, outperforming this fund by 8.57% per annum.
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In the last 1 year, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 58.44% return, outperforming this fund by 7.49%.
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This fund has one of the lowest expense ratio in the category (retirement). Its expense ratio is 0.75% which is lower than the category average expense ratio of 1.4%.
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In the last 5 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 24.67% return, outperforming this fund by 4.9% per annum.

Fund Manager

Chandni Gupta
Chandni Gupta
Fund Manager of ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth, since 12 June 2023
Lalit Kumar
Lalit Kumar
Fund Manager of ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth, since 4 May 2022

ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 19.9% since inception which is more than its category average return of 11.79%
Fund Allocations

Fund Allocations

This fund has an allocation of 79.32% in Equity, 15.66% in Debt and 5.02% in Cash related instruments
AUM size ₹477 Cr

AUM size ₹477 Cr

This fund has AUM of ₹477 Cr which is less than its category average of ₹ 714 Cr
Expense Ratio 0.75%

Expense Ratio 0.75%

This fund has an expense ratio of 0.75% which is less than its category average expense ratio of 1.52%

Frequently Asked Questions

The current NAV of ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth is ₹26.26 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.42%
8.42%
6 Month Returns
25.2%
25.2%
1 Year Returns
50.95%
50.95%
3 Years Returns
87.45%
23.3%
5 Years Returns
146.51%
19.78%
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  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.75% as on May 2024
₹477 Cr as on May 2024
7.18% Govt Stock 2033(11.74%), Bharti Airtel Ltd(4.24%), Jindal Stainless Ltd(3.54%), UltraTech Cement Ltd(3.42%), Ambuja Cements Ltd(3.36%) as on May 2024
Basic Materials(18.76%), Industrial(15.9%), Government(13.66%) as on May 2024
AAA
95.24
A
4.76
Chandni Gupta, Lalit Kumar are the fund managers of ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth
The Exit load of ICICI Prudential Retirement Fund Hybrid Aggressive Direct Growth is 0%