ICICI Prudential Retirement Fund - Hybrid Conservative - Growth Option

ICICI Prudential Retirement Fund - Hybrid Conservative - Growth Option is a scheme launched by ICICI Mutual Fund on February 27, 2019, and falls under the Retirement Funds fund category. It currently manages an AUM of Rs 82.28 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 2.11% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  ICICI Prudential Retirement Fund - Hybrid Conservative - Growth Option trailing returns over different times are 6.19% (1 year), 10.3% (3 year) and 9.24% (5 year). The average annual return of this fund stands at 5.86%.