July 16, 2022
mayank
ICICI Prudential Retirement Fund – Hybrid Conservative Plan Guidance
NAV Growth : Rs 13.1277
NAV IDCW : Rs 13.1275
Suitable For Which Investors ?
“Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than returns from fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt portion of these funds provides a moderate, but steady stream of income. The small equity allocation though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.”
Fund’s Investment Strategy :
The scheme seeks 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.
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: | 8.38% |
| Benchmark: | NIFTY 50 Hybrid Composite Debt 15:85 |
| Riskometer: | Moderately High |
| Type: | Open-ended |
| % Assets: | Rs 65 Cr |
| (As on 30-Jun-2022) | |
| Expense: | 1.00% |
| (As on 31-May-2022) | |
| Risk Grade: | Below Average |
| Return Grade: | Average |
| Turnover: | 21.00% |
ICICI Prudential Retirement Fund – Hybrid Conservative 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 Conservative Plan Direct-G | -2.43 | 0.23 | 0.1 | 0.79 | -1.91 | -2.89 | 1.72 | 7.64 | — | — | — |
| VR MIP TRI | -2.71 | 0.25 | -0.4 | 1.48 | -2.8 | -4.54 | 2.13 | 6.92 | — | — | — |
| Hybrid: Conservative Hybrid | -0.46 | 0.09 | -0.05 | 1.54 | -1.25 | -1.49 | 4.22 | 7.61 | — | — | — |
| Rank within category | 29 | 1 | 4 | 32 | 30 | 26 | 28 | 16 | — | — | — |
| Number of funds in category | 34 | 35 | 35 | 35 | 35 | 34 | 34 | 30 | 28 | 27 | 0 |
ICICI Prudential Retirement Fund – Hybrid Conservative 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 Conservative Plan | 4 star | Feb-19 | 1.72 | 7.64 | — | 1 | 65 |
| SBI Conservative Hybrid Fund | 4 star | Jan-13 | 5.91 | 10.76 | 7.81 | 0.56 | 6,079 |
| ICICI Prudential Regular Savings Fund | 5 star | Jan-13 | 6.6 | 9.47 | 8.57 | 0.99 | 3,204 |
| Kotak Debt Hybrid Fund | 5 star | Jan-13 | 5.94 | 11.4 | 9.04 | 0.45 | 1,468 |
| Canara Robeco Conservative Hybrid Fund | 5 star | Jan-13 | 3.16 | 9.98 | 8.51 | 0.61 | 1,118 |
Portfolio Analysis
| Number of Stocks | 20 |
| Number of Bonds | 7 |
| Average Maturity (yrs) * | 8.14 |
| Top 10 Holdings (%) | 68.02 |
| Portfolio P/B Ratio | 3.1 |
| Portfolio P/E Ratio | 22.46 |
ICICI Prudential Retirement Fund – Hybrid Conservative Plan Guidance by Chanakya :
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