ICICI Prudential Retirement Fund: 26.29% CAGR 5-year return, performance analysis and top holdings
ICICI Prudential Retirement Fund Pure Equity Plan Direct-Growth is a Retirement Solutions mutual fund offered by Icici Prudential Mutual Fund. This fund was established on July 2, 2019, making it five years old. The ICICI Prudential Retirement Fund – Pure Equity Plan Direct – Growth has assets under management (AUM) of Rs 872 Crores, making it a medium-sized fund in its category.
The majority of the fund’s money is invested in the metals and mining, financial, capital goods, materials and automobile industries. It has less exposure to Metals & Mining and Financial sectors than other funds in the category.
ICICI Prudential Retirement Fund Performance
ICICI Prudential Retirement Fund – Pure Equity Plan Direct-Growth returns during the last year have been 51.37%. Since its launch, it has generated an average yearly return of 24.70%. Every three years, the fund’s investment doubles.
This Fund has a better track record of delivering returns than the majority of funds in its category. It has a strong capacity for minimizing losses in a declining market.
ICICI Prudential Retirement Fund Returns
| Period | ICICI Prudential Retirement Fund | Category average |
|---|---|---|
| 1 month | 2.45% | 3.05% |
| 3 months | 8.79% | 11.8% |
| 6 months | 21.7% | 20.39% |
| 1 year | 51.44% | 39.53% |
| 3 years | 30.95% | 22.72% |
| 5 years | 26.29% | 21.98% |
ICICI Prudential Retirement Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
Bharti Airtel Ltd.
|
Communication | Equity | 5.51% |
|
Ambuja Cements Ltd.
|
Construction | Equity | 4.60% |
|
DLF Ltd.
|
Construction | Equity | 3.79% |
|
Ultratech Cement Ltd.
|
Construction | Equity | 3.62% |
|
Larsen & Toubro Ltd.
|
Construction | Equity | 3.22% |
ICICI Prudential Retirement Fund Suitability
If you invest for 5 years or longer, you can expect profits that outperform both inflation and fixed income returns. However, you can expect your investment value to fluctuate along the way.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.