ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth

Solution Oriented
Retirement
Moderately High Risk
5Y Lock In
28.66%
3Y annualised
+0.46% 1D
1M
6M
1Y
3Y
All
NAV: 01 Dec 2023₹24.17
Min. SIP amount₹100
Rating5
Fund size₹367.25Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Solution Oriented Retirement
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA24.7%28.7%20.4%
Category averageNA16.1%18.9%NA
Rank with in categoryNA33NA
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Holdings (58)

NameSectorInstrumentAssets
ConstructionEquity5.2%
EnergyEquity4.5%
CommunicationEquity4.2%
AutomobileEquity4.1%
ConstructionEquity3.7%
ConstructionEquity3.3%
HealthcareEquity3.2%
ChemicalsEquity2.8%
FinancialEquity2.8%
FinancialEquity2.7%
See All

Pros and cons

Category: Solution Oriented Retirement

Pros

Cons

Consistently top ranked fund
Lock-in period: 5Y
Consistently higher annualised returns than category average for the past 1Y and 3Y
Higher alpha: 10.11 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
Exit load is zero
Lower expense ratio: 1.02%

Expense ratio, exit load and tax

Expense ratio: 1.02%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100

Fund management

Manish Banthia
Feb 2019 - Present
View details

Education
Mr. Banthia is B.Com, CA and MBA
Experience
He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
Also manages these schemes

Sharmila D’mello
Jul 2022 - Present
View details

Education
Ms. D'mello is CA and BAF
Experience
She joined ICICI Prudential AMC Limited in September 2016.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
022-26525000 / 1800-222-999 / 1800-200-6666
Launch Date
12 Oct 1993
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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