ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth
Hybrid
Direct
Retirement
NAV: ₹ 30.26 as on 03-05-2024
About the Fund
ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth is a hybrid fund. This fund was started on 28 February, 2019. The fund is managed by Lalit Kumar, Manish Banthia. This fund gives you the benefit of diversification.
Key Parameters
- ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has ₹649 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Fund Performance
655 people have invested ₹ 71.4L in ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth in the last three months
Overview
 | 0.73% |
 Benchmark | IISL Nifty 500 TR INR |
 | ₹649 Cr |
 | 28 February, 2019 |
 | ₹5000/₹100 |
 | 0% |
 | 5 Years |
 TurnOver | 66.55% |
ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
60.2%
Small cap
18%
Mid cap
15.5%
Sector Allocation
Basic Materials
23.4%
Industrial
19.1%
Consumer Cyclical
17.1%
Financial Services
10.3%
Communication
7.5%
Health
6%
Real Estate
5.9%
Energy
5%
Tech
4.9%
Utilities
0.9%
Top Holdings of ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth as on (30-Apr-24)
Equity Holdings71
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bharti Airtel Ltd | 6.04% | 0% | |
 DLF Ltd | 4.33% | 0% | |
 Larsen & Toubro Ltd | 4.05% | 22.9% | |
 Ambuja Cements Ltd | 3.65% | 0% | |
 UltraTech Cement Ltd | 3.38% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 649.1 Cr as of Mar'24
- AUM increased by 41.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 76.6% growth in AUM moving from 367.57 Cr to 649.09 Cr.
This fund has one of the lowest expense ratio in the category (retirement). Its expense ratio is 0.73% which is lower than the category average expense ratio of 1.42%.
In the last 5 years, this fund has outperformed all funds in its category.
In the last 3 years, this fund has outperformed all funds in its category.
In the last 1 year, this fund has outperformed all funds in its category.
Peer Analysis
Fund Manager
Lalit Kumar
Fund Manager of ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth, since 4 May 2022
Top funds managed
Manish Banthia
Fund Manager of ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth, since 27 February 2019
Top funds managed
ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 23.82% since inception which is more than its category average return of 11.17%
Fund Allocations
This fund has an allocation of 93.75% in Equity, 0% in Debt and 6.25% in Cash related instruments
AUM size ₹649 Cr
This fund has AUM of ₹649 Cr which is less than its category average of ₹ 678 Cr
Expense Ratio 0.73%
This fund has an expense ratio of 0.73% which is less than its category average expense ratio of 1.46%
Frequently Asked Questions
The current NAV of ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth is ₹30.26 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.07% | 3.07% |
6 Month Returns | 36.8% | 36.8% |
1 Year Returns | 59.68% | 59.68% |
3 Years Returns | 132.41% | 32.46% |
5 Years Returns | 190.4% | 23.77% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.73% as on April 2024
₹649 Cr as on April 2024
Bharti Airtel Ltd(6.04%), DLF Ltd(4.33%), Larsen & Toubro Ltd(4.05%), Ambuja Cements Ltd(3.65%), UltraTech Cement Ltd(3.38%) as on April 2024
Basic Materials(21.97%), Industrial(17.86%), Consumer Cyclical(16.05%) as on April 2024
Lalit Kumar, Manish Banthia are the fund managers of ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth
The Exit load of ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth is 0%