ICICI Prudential Retirement Fund Pure Debt Plan Direct Growth0.00%

5
11.66%
1 Year Return
Debt
Medium Duration
5.0star
6M
1Y
All

Fund Details

ICICI Prudential Retirement Fund Pure Debt Plan Direct Growth

RiskModerately High
Min SIP Amount₹100
Expense Ratio0.38%
NAV12.06 (18 Sep 2020)
Fund Started26 Feb 2019
Fund Size459 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Retirement Fund Pure Debt Plan Direct Growth
11.7%
NA
NA
12.8%
Category Average
4.8%
5.4%
6.7%
-
Rank within category
3
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 11.7% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.42%
    2. 1Y Returns are higher than the category average returns
    3. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Age is less than 3 years
    3. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec18.3%
    GOISovereignGOI Sec14.9%
    Embassy Office Parks REITConstructionZCB4.3%
    GOISovereignGOI Sec4.3%
    TMF Holdings Ltd.FinancialZCB3.0%
    ICICI Bank Ltd.FinancialDebenture2.9%
    Axis Bank Ltd.FinancialBonds/Deb2.7%
    Sterlite Power Grid Ventures Ltd.EngineeringNCD2.6%
    Pipeline Infrastructure (India) Pvt. Ltd.ConstructionNCD2.6%
    Jamnagar Utilities and Power Pvt. Ltd.EngineeringDebenture2.4%
    See All

    Fund Managers

    addMrinal Singh
    Education
    Mr. Singh is B.E (Mechanical) and PGDM from SPJIMR Mumbai.
    Experience
    He has been associated with ICICI Prudential AMC since June 2008.
    Funds Managed
    addManish 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.
    Funds Managed
    addAnuj 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.
    Funds Managed
    addPriyanka Khandelwal
    Education
    Ms. Khandelwal is Chartered Accountant and Company Secretary
    Experience
    She has been Working with ICICI Prudential Mutual Fund Since October 2014.
    Funds Managed

    ICICI Prudential Retirement Fund Pure Debt Plan Direct Growth Details

    ICICI Prudential Retirement Fund Pure Debt Plan Direct Growth is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 26 Feb 2019. Mrinal Singh is the Current Fund Manager of ICICI Prudential Retirement Fund Pure Debt Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹459 Cr and the Latest NAV as of 18 Sep 2020 is ₹12.06.

    The ICICI Prudential Retirement Fund Pure Debt Plan Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000.

    Investment Objective

    The scheme seeks to generate income through investing in a range of debt and money market instruments of various duration while maintaining the optimum balance of yield, safety and liquidity.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About ICICI Prudential Mutual Fund

    Address
    One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
    Phone
    022-26525000
    Launch Date
    13 Oct 1993
    ICICI Prudential Mutual Fund
    Asset Management Company
    Custodian
    NA
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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