ICICI Prudential Retirement Fund - Pure Equity - Growth Option

ICICI Prudential Retirement Fund - Pure Equity - 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 1,332.68 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 2.16% for managing the portfolio.

• Investing Strategy:

  To generate long-term capital appreciation and income generation to investors from a portfolio that is predominantly invested in equity and equity related securities.

• Performance:

  ICICI Prudential Retirement Fund - Pure Equity - Growth Option trailing returns over different times are 5.14% (1 year), 22.47% (3 year) and 27.94% (5 year). The average annual return of this fund stands at 8.73%.