ICICI Prudential Retirement Fund Pure Equity Direct Growth
Hybrid
Direct
Retirement
NAV as on 05-09-2024
₹ 33.87
▲0.4%
1D
Inception Returns
24.7%
/yr
About the Fund
ICICI Prudential Retirement Fund Pure Equity 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 Direct Growth has ₹944 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
ICICI Prudential Retirement Fund Pure Equity Direct Growth has given a CAGR return of 24.69% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 49.84%, 28.50% and 27.57% respectively.
Holdings
ICICI Prudential Retirement Fund Pure Equity Direct Growth has allocated its funds majorly in Cash Equivalent, Basic Materials, Industrial, Financial Services, Consumer Cyclical, Communication, Real Estate, Health, Tech, Energy, Utilities.
Taxation
As it is a retirement mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of ICICI Prudential Retirement Fund Pure Equity Direct Growth
To generate long-term capital appreciation and income generation to investors from a portfolio that is predominantly invested in equity and equity related securities. However, there is no assurance or guarantee that the investment objective of the plan would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. There is a lock in period for ICICI Prudential Retirement Fund Pure Equity Direct Growth of 5 Years
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.77% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹944 Cr |
| Inception Date | 28 February, 2019 |
| Min Lumpsum/SIP | ₹5000/₹100 |
| Exit Load | 0% |
| Lock In | 5 Years |
TurnOver | 66.55% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (05-Sep-24)
Fund Distribution
as on (31-Jul-24)
- AUM of the fund stands at 944 Cr as of Jul'24
- AUM increased by 72.2 Cr between Jul'24 and Jun'24
Top 3 Sectors in July were Basic Materials, Industrial & Financial Services
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bharti Airtel Ltd | 5.04% | 0% | |
 Ambuja Cements Ltd | 4.16% | 0% | |
 UltraTech Cement Ltd | 3.66% | 0% | |
 DLF Ltd | 3.49% | 0% | |
 InterGlobe Aviation Ltd | 2.96% | 47% |
Mutual Fund Insights
ICICI Prudential Retirement Fund Pure Equity Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 0.77%
Frequently Asked Questions
ICICI Prudential Retirement Fund Pure Equity Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.86% | 2.86% |
6 Month Returns | 18% | 18% |
1 Year Returns | 49.84% | 49.84% |
3 Years Returns | 112.17% | 28.5% |
5 Years Returns | 237.86% | 27.57% |
- 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.