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Unrated

ICICI Prudential Retirement Fund - Hybrid Conservative Plan


Hybrid: Conservative Hybrid

1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Suitability:

When you invest for three years or above, you can expect gains that beat the inflation rate and are also slightly higher than fixed income options. But be prepared for some ups and downs in your investment value along the way.

Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds and commodities. Given their underlying investments, these funds offer a viable alternative to regular income seekers. To derive dependable, inflation-protected income, 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% of the value of your investment every year.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than three years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.90 -0.14 1.26 2.04 8.19 2.93 6.21 -- -- -- --
VR MIP TRI -0.35 -0.16 1.01 2.15 8.33 -0.05 2.89 -- -- -- --
Hybrid: Conservative Hybrid -0.56 -0.10 1.01 2.35 7.03 -0.52 2.42 -- -- -- --
Rank within category 10 21 9 26 16 10 10 -- -- -- --
Number of funds in category 38 38 38 38 38 38 37 35 32 30 27

As on 08-Jul-2020

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  | Invest Now
Unrated
Feb-19 6.21 -- -- 2.08 62
ICICI Prudential Regular Savings Fund  | Invest Now
5 star
Mar-04 6.83 6.64 8.65 1.95 1,544
HDFC Hybrid Debt Fund  | Invest Online
2 star
Dec-03 1.57 2.91 6.27 1.86 2,344
UTI Regular Savings Fund - Regular Plan  | Invest Online
2 star
Dec-03 -0.16 2.72 5.47 1.78 1,658
Aditya Birla Sun Life Regular Savings Fund  | Invest Online
2 star
May-04 -1.59 1.20 5.68 1.97 1,203

Best & Worst Performance

Best (Period) Worst (Period)
Week 3.31 (24-Mar-2020 - 31-Mar-2020) -5.19 (16-Mar-2020 - 23-Mar-2020)
Month 6.60 (24-Mar-2020 - 23-Apr-2020) -10.17 (20-Feb-2020 - 23-Mar-2020)
Quarter 11.08 (24-Mar-2020 - 23-Jun-2020) -8.58 (23-Dec-2019 - 23-Mar-2020)
Year 8.12 (06-Mar-2019 - 05-Mar-2020) -3.47 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR MIP TRI* 6.06 6.50 0.12 0.13 -- --
Hybrid: Conservative Hybrid* 3.54 7.02 -0.20 -0.16 0.84 -2.40
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 17
Number of Bonds 12
Average Maturity (yrs) 3.99
Top 10 Holdings (%) 65.03
Portfolio P/B Ratio 1.99
Portfolio P/E Ratio 14.85

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.41% HUDCO 15/03/2029 Debenture AAA 7.80 - 9.55 8.97
equal 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 8.94 8.94
equal 8.75% Axis Bank Bonds/Debentures AA+ 7.27 - 8.96 7.96
equal State Bank of India 2056 Debenture AA+ 6.53 - 8.02 7.20
equal 9.02% LIC Housing Fin. 2020 Debenture AAA 5.84 - 7.37 6.55
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 5.81 - 7.23 6.51
equal 8.80% REC 25/10/2020 Bonds AAA 4.37 - 5.51 4.89
equal 7.40% HDFC 17/11/2020 Non Convertible Debenture AAA 4.78 - 7.24 4.88
equal 11.50% Sterlite Power Grid Ventures 28/03/2022 Non Convertible Debenture A 0.00 - 4.83 4.83
equal Embassy Office Parks REIT 2022 Non Convertible Debenture AAA 3.14 - 3.78 3.51
equal 7.90% National Bank Agr. Rur. Devp 18/04/2022 Non Convertible Debenture AAA 0.00 - 3.37 3.37
equal 9.15% ICICI Bank Debenture AA+ 1.53 - 9.07 1.62

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Sun Pharmaceutical Inds. Healthcare 30.84 4.29 0.00 4.29
equal HCL Technologies Technology 14.10 3.15 0.00 3.15
equal HDFC Bank Financial 22.35 3.11 0.00 2.99
equal Infosys Technology 19.88 3.54 0.00 2.70
equal Bharti Airtel Communication -- 2.64 0.00 2.64
equal State Bank of India Financial 8.67 3.37 0.00 1.91
equal ICICI Bank Financial 24.97 1.89 0.00 1.67
equal SBI Life Insurance Company Financial 59.85 1.54 0.00 1.54
equal Larsen & Toubro Construction 13.84 2.47 0.00 1.35
equal NTPC Energy 13.38 0.59 0.00 0.59
equal LIC Housing Fin. Financial 5.92 0.84 0.00 0.42
equal Power Grid Corporation Energy 9.48 0.36 0.00 0.35
equal Hindalco Inds. Metals 9.24 0.54 0.00 0.33
equal Coal India Energy 4.90 0.31 0.00 0.30
equal Tech Mahindra Technology 13.99 1.01 0.00 0.30
equal Axis Bank Financial 67.64 0.36 0.00 0.16
equal Mahindra & Mahindra Automobile 538.88 0.11 0.00 0.06

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2020

Fund Manager

— Ashwin Jain since 07-Feb-2019

Education: Mr. Jain is a B.E. and PGDM.

Experience: Prior to joining ICICI Prudential Asset Management Co. Ltd. in 2010 he has worked with HCL Technologies, Irevana and Merill Lynch.

Funds Managed:

— Mrinal Singh since 07-Feb-2019

Education: Mr. Singh is B.E (Mechanical) and PGDM from SPJIMR Mumbai.

Experience: He has been associated with ICICI Prudential AMC since June 2008.

Interviews:

Funds Managed:

— Anuj Tagra since 07-Feb-2019

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:

— Manish Banthia since 07-Feb-2019

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:


-0.14%

Change from previous, NAV as on 08-Jul-2020

Growth: ₹ 11.0194

Dividend: ₹ 11.0194


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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 27-Feb-2019
Return Since Launch: 7.39%
Benchmark: NIFTY 50 Hybrid Composite Debt 15:85
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 62 Cr (As on 31-May-2020)
Expense: 2.08% (As on 31-May-2020)
Risk Grade: --
Return Grade: --
Turnover: 6.00%

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Phone: 022-26525000 / 1800-222-999 / 1800-200-6666

Fax: 022-26528100

Email: [email protected]

Website: http://www.icicipruamc.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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