ICICI Prudential Retirement Fund Hybrid Conservative Direct Growth

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

1. ICICI Prudential Retirement Fund Hybrid Conservative Direct Growth has ₹79 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 0.6.
   

ICICI Prudential Retirement Fund Hybrid Conservative Direct Growth has given a CAGR return of 10.18% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.26%, 10.84% and 11.45% respectively.

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

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

To generate regular income through investments predominantly in debt and money market instruments. The Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the Scheme. However, there is no assurance or guarantee that the investment objective of the plan would be achieved.

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 Conservative Direct Growth of 5 Years