ICICI Prudential Retirement Fund - Pure Debt - IDCW Option

ICICI Prudential Retirement Fund - Pure Debt - IDCW 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 99.57 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 2.18% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  ICICI Prudential Retirement Fund - Pure Debt - IDCW Option trailing returns over different times are 6.35% (1 year), 6.31% (3 year) and 5.25% (5 year). The average annual return of this fund stands at 4.56%.