July 16, 2022
mayank
ICICI Prudential Retirement Fund – Pure Equity Plan Guidance
NAV Growth : Rs 17.2400
NAV IDCW : Rs 17.2400
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.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to generate long-term capital appreciation and income generation to investors from a portfolio that is predominantly invested in equity and equity related securities.
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: | 17.48% |
| Benchmark: | NIFTY 500 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| % Assets: | Rs 163 Cr |
| (As on 30-Jun-2022) | |
| Expense: | 1.12% |
| (As on 31-May-2022) | |
| Risk Grade: | Below Average |
| Return Grade: | Above Average |
| Turnover: | 83.00% |
ICICI Prudential Retirement Fund – Pure Equity 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 – Pure Equity Plan Direct-G | -4.59 | 0.94 | 0.12 | 4.04 | -5.07 | -7.86 | 19.89 | 17.73 | — | — | — |
| S&P BSE 500 TRI | -6.95 | 0.65 | -0.21 | 3.22 | -8.27 | -11.32 | 1.96 | 15.06 | — | — | — |
| Equity: Flexi Cap | -8.5 | 0.61 | -0.55 | 3.57 | -7.74 | -12.32 | 0.79 | 14.34 | — | — | — |
| Rank within category | 11 | 4 | 4 | 21 | 7 | 7 | 1 | 7 | — | — | — |
| Number of funds in category | 64 | 68 | 68 | 68 | 68 | 65 | 59 | 46 | 35 | 34 | 1 |
ICICI Prudential Retirement Fund – Pure Equity 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 – Pure Equity Plan | 4 star | Feb-19 | 19.89 | 17.73 | — | 1.12 | 163 |
| SBI Focused Equity Fund | 4 star | Jan-13 | 0.1 | 15.56 | 13.75 | 0.69 | 23,804 |
| UTI Flexi Cap Fund | 4 star | Jan-13 | -6.39 | 17.79 | 13.33 | 0.95 | 22,657 |
| Parag Parikh Flexi Cap Fund | 5 star | May-13 | -0.53 | 22.22 | 17.32 | 0.79 | 22,324 |
| Axis Flexi Cap Fund | 4 star | Nov-17 | -3.6 | 13.84 | — | 0.63 | 9,696 |
Portfolio Analysis
| Number of Stocks | 36 |
| Top 10 Stocks (%) | 50.26 |
| Top 5 Stocks (%) | 28.98 |
| Top 3 Sectors (%) | 48.56 |
| Portfolio P/B Ratio | 2.87 |
| Portfolio P/E Ratio | 19.5 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,20,939 | 1,41,212 |
| Giant (%) | 47.45 | 52.78 |
| Large (%) | 27.71 | 19.46 |
| Mid (%) | 23.37 | 21.89 |
| Small (%) | 1.46 | 6.33 |
| Tiny (%) | — | 0.08 |
ICICI Prudential Retirement Fund – Pure Equity Plan Guidance by Chanakya :
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
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