July 15, 2022
mayank
ICICI Prudential Retirement Fund – Hybrid Aggressive Plan Guidance
NAV Growth : Rs 14.8800
NAV IDCW : Rs 14.8800
Suitable For Which Investors ?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to 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.
Fund Manager :
— Lalit Kumar
Education : Mr. Kumar is a PGDM (IIM) and B.Tech in Electrical Engineering (IIT).
Experience : Prior to joining ICICI Prudential Mutual Fund, he has worked with East Bridge Advisors Pvt. Ltd, Nomura Financial Advisory & Securities, Merrill Lynch and Cypress Semiconductors.
— Anuj Tagra
Education : Mr. Anuj Tagra is a graduate of Guru Gobind Singh Indraprastha University and an MBA from Narsee Monjee Institute of Management Studies
Experience : Prior to joining ICICI Prudential AMC he has worked with Union Bank of India and Fidelity Investments.
— Manish Banthia
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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 1 |
| Min. Balance (Rs) | — |
| Lock-in Period | 5 Years |
| Exit Load | 0 |
Basic Details
| Fund House: | ICICI Prudential Mutual Fund |
| Launch Date: | 27-Feb-19 |
| Return Since Launch: | 12.49% |
| Benchmark: | CRISIL Hybrid 35+65 Aggressive Index |
| Riskometer: | Very High |
| Type: | Open-ended |
| % Assets: | Rs 139 Cr |
| (As on 30-Jun-2022) | |
| Expense: | 1.05% |
| (As on 31-May-2022) | |
| Risk Grade: | Below Average |
| Return Grade: | Average |
| Turnover: | 38.00% |
ICICI Prudential Retirement Fund – Hybrid Aggressive Plan Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| ICICI Pru Retirement Fund – Hybrid Aggressive Plan Direct-G | -6.71 | 0.2 | -0.53 | 2.34 | -4.92 | -8.99 | 5.16 | 12.36 | — | — | — |
| VR Balanced TRI | -6.45 | -0.13 | -1.03 | 1.44 | -7.15 | -10.5 | 1.9 | 11.34 | — | — | — |
| Hybrid: Aggressive Hybrid | -6.61 | -0.2 | -0.46 | 2.45 | -6.21 | -9.8 | 1.57 | 12.53 | — | — | — |
| Rank within category | 28 | 1 | 28 | 29 | 9 | 19 | 5 | 20 | — | — | — |
| Number of funds in category | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 41 | 31 | 24 | 0 |
ICICI Prudential Retirement Fund – Hybrid Aggressive Plan Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential Retirement Fund – Hybrid Aggressive Plan | 3 star | Feb-19 | 5.16 | 12.36 | — | 1.05 | 139 |
| SBI Equity Hybrid Fund | 4 star | Jan-13 | 2.93 | 12.7 | 11.19 | 0.85 | 48,908 |
| ICICI Prudential Equity & Debt Fund | 5 star | Jan-13 | 14.1 | 17.43 | 13.11 | 1.25 | 18,587 |
| Canara Robeco Equity Hybrid Fund | 5 star | Jan-13 | 0.34 | 14.14 | 11.64 | 0.6 | 7,429 |
| Mirae Asset Hybrid Equity Fund | 4 star | Jul-15 | 1.4 | 12.99 | 11.61 | 0.42 | 6,396 |
Portfolio Analysis
| Number of Stocks | 32 |
| Top 10 Holdings (%) | 54.1 |
| Top 5 Holdings (%) | 34.9 |
| Top 3 Sectors (%) | 30.69 |
| Portfolio P/B Ratio | 3.11 |
| Portfolio P/E Ratio | 21.33 |
| Avg Credit Rating | AAA |
ICICI Prudential Retirement Fund – Hybrid Aggressive Plan Guidance by Chanakya :
Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.
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