ICICI Prudential Retirement Fund - Hybrid Conservative Plan
- NAV as on 6 Nov 2026
- ₹18.26-0.03%1 day
- Return since launch
- 8.1%
- 52-week range
- ₹17.47 — ₹18.53
- AUM
- ₹94.05 Cr
ICICI Prudential Retirement Fund - Hybrid Conservative Plan is a Retirement Solutions hybrid fund from ICICI Prudential Mutual Fund with ₹94.05 Cr under management, launched in 2019. Over three years it has returned 5.8% a year, against 8.6% for its category. The expense ratio is 2.24% and the SEBI riskometer reading is Moderately High.
Performance
ICICI Prudential Retirement Fund - Hybrid Conservative Plan NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.5% against +0.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 2.9% | +1.6 pts | 1.4% | 3.0% |
| 2Y | 4.9% | +0.7 pts | 4.2% | 3.3% |
| 3Y | 5.8% | −2.8 pts | 8.6% | 4.5% |
| 5Y | 7.7% | +0.7 pts | 7.0% | 7.3% |
| 7Y | 7.9% | −1.7 pts | 9.5% | 8.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 1.3% | −1.9 pts | 3.2% | 3.7% |
| 3M | -1.2% | −0.5 pts | -0.7% | -0.7% |
| 6M | 1.4% | −0.5 pts | 1.9% | 2.9% |
| 1Y | 3.5% | +2.1 pts | 1.4% | 0.1% |
| 2Y | 5.5% | +2.6 pts | 2.9% | 3.3% |
| 3Y | 8.4% | −0.2 pts | 8.6% | 8.5% |
| 5Y | 7.4% | +0.3 pts | 7.0% | 7.0% |
| 7Y | 8.1% | −1.8 pts | 9.9% | 9.0% |
Since launch (7 Feb 2019): 8.1%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 8.9% | +2.4 pts | 6.5% |
| 2024 | 9.8% | −5.1 pts | 14.8% |
| 2023 | 15.0% | −3.6 pts | 18.6% |
| 2022 | 1.8% | −0.6 pts | 2.4% |
| 2021 | 7.1% | −7.9 pts | 15.0% |
| 2020 | 11.7% | −2.8 pts | 14.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.24%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.84%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.38%
- Exit load
- 0%
- Lock-in
- 5 years
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 50 Hybrid Composite Debt 15:85 Conservative
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at moderately high risk — typically balanced hybrid and index-led equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.44 | 0.40 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.54 | 0.54 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 4.80 | 13.28 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
ICICI Prudential Retirement Fund - Hybrid Conservative Plan portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity21.6%
- Debt71.4%
- Other7.0%
Market cap split
- Large72.3%
- Mid13.7%
- Small14.0%
- P/E
- 20.07
- P/B
- 3.38
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| GOI | Sovereign | 5.99% | ₹5.71 Cr | +6.23% | +6.40% | +7.27% |
| Others | Others | 5.93% | ₹5.65 Cr | +2.11% | +3.18% | +3.46% |
| Housing & Urban Development Corporation Ltd. | Financial | 5.35% | ₹5.10 Cr | — | — | — |
| National Bank For Agriculture & Rural Development | Financial | 5.24% | ₹4.99 Cr | +5.28% | +5.63% | +6.11% |
| REC Ltd. | Financial | 4.26% | ₹4.06 Cr | +4.34% | +4.61% | — |
| Nirma Ltd. | Consumer Staples | 3.68% | ₹3.51 Cr | +3.69% | +3.94% | +4.26% |
| Vedanta Ltd. | Metals & Mining | 2.12% | ₹2.02 Cr | +2.12% | +1.22% | +1.12% |
| Life Insurance Corporation of India | Insurance | 2.09% | ₹1.99 Cr | — | — | — |
| Power Finance Corporation Ltd. | Financial | 2.08% | ₹1.98 Cr | +2.14% | +2.26% | +2.48% |
| India Universal Trust AL1 | Others | 1.76% | ₹1.68 Cr | +1.85% | +2.02% | +2.27% |
| Samvardhana Motherson International Ltd. | Automobile | 1.76% | ₹1.67 Cr | +1.06% | +0.81% | +0.76% |
| Mahindra & Mahindra Ltd. | Automobile | 1.60% | ₹1.53 Cr | +1.52% | +1.33% | +2.06% |
| Kotak Mahindra Bank Ltd. | Financial | 1.54% | ₹1.47 Cr | +1.59% | — | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 1.42% | ₹1.36 Cr | +1.34% | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.38% | ₹1.32 Cr | — | — | — |
| Swiggy Ltd. | Services | 1.38% | ₹1.31 Cr | — | — | — |
| Indian Railway Finance Corporation Ltd. | Financial | 1.36% | ₹1.30 Cr | +1.37% | +1.46% | +1.58% |
| Titan Company Ltd. | Consumer Discretionary | 1.20% | ₹1.15 Cr | +1.16% | — | — |
| HDFC Bank Ltd. | Financial | 1.09% | ₹1.04 Cr | +0.98% | +0.97% | — |
| V-Mart Retail Ltd. | Services | 1.05% | ₹1.00 Cr | — | — | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 1.04% | ₹0.99 Cr | +1.05% | +1.12% | +1.22% |
| Interglobe Aviation Ltd. | Services | 1.00% | ₹0.96 Cr | +1.08% | +0.85% | +2.83% |
| Tata Steel Ltd. | Metals & Mining | 0.98% | ₹0.94 Cr | +0.69% | — | — |
| Jindal Steel Ltd. | Metals & Mining | 0.95% | ₹0.91 Cr | +0.89% | +1.00% | +1.02% |
| Nippon Life India Asset Management Ltd. | Financial | 0.92% | ₹0.88 Cr | +0.76% | — | — |
| Tata Consumer Products Ltd. | Consumer Staples | 0.85% | ₹0.81 Cr | +0.85% | — | — |
| Motherson Sumi Wiring India Ltd. | Automobile | 0.70% | ₹0.67 Cr | +0.65% | — | — |
| JSW Dulux Ltd. | Materials | 0.69% | ₹0.66 Cr | +0.72% | +0.68% | — |
| Pfizer Ltd. | Healthcare | 0.67% | ₹0.64 Cr | +0.81% | +0.93% | — |
| Jindal Stainless Ltd. | Metals & Mining | 0.67% | ₹0.63 Cr | +0.62% | +0.68% | +0.44% |
| Biocon Ltd. | Healthcare | 0.60% | ₹0.57 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:7079 | 2.05% | 0.00% | -2.05% |
| Radico Khaitan Ltd. | 0.79% | 0.00% | -0.79% |
| Others | 1.57% | 2.32% | +0.75% |
| Apollo Hospitals Enterprise Ltd. | 0.98% | 1.38% | +0.40% |
| Swiggy Ltd. | 1.52% | 1.38% | -0.14% |
| Kotak Mahindra Bank Ltd. | 1.66% | 1.54% | -0.12% |
| Pfizer Ltd. | 0.79% | 0.67% | -0.12% |
| National Bank For Agriculture & Rural Development | 5.12% | 5.24% | +0.12% |
| Titan Company Ltd. | 1.31% | 1.20% | -0.10% |
| V-Mart Retail Ltd. | 1.15% | 1.05% | -0.10% |
| Housing & Urban Development Corporation Ltd. | 5.26% | 5.35% | +0.10% |
| REC Ltd. | 4.18% | 4.26% | +0.09% |
| Nirma Ltd. | 3.59% | 3.68% | +0.09% |
| GOI | 5.91% | 5.99% | +0.08% |
| Life Insurance Corporation of India | 2.16% | 2.09% | -0.07% |
| Nippon Life India Asset Management Ltd. | 0.99% | 0.92% | -0.06% |
| Tata Consumer Products Ltd. | 0.91% | 0.85% | -0.06% |
| Jindal Stainless Ltd. | 0.61% | 0.67% | +0.06% |
| Biocon Ltd. | 0.65% | 0.60% | -0.05% |
| Vedanta Ltd. | 2.07% | 2.12% | +0.05% |
| Motherson Sumi Wiring India Ltd. | 0.74% | 0.70% | -0.04% |
| Samvardhana Motherson International Ltd. | 1.79% | 1.76% | -0.04% |
| Indian Railway Finance Corporation Ltd. | 1.33% | 1.36% | +0.03% |
| Power Finance Corporation Ltd. | 2.05% | 2.08% | +0.03% |
| HDFC Bank Ltd. | 1.07% | 1.09% | +0.03% |
| Interglobe Aviation Ltd. | 1.03% | 1.00% | -0.03% |
| Jindal Steel Ltd. | 0.98% | 0.95% | -0.02% |
| Tata Steel Ltd. | 0.96% | 0.98% | +0.02% |
| Small Industries Devp. Bank of India Ltd. | 1.02% | 1.04% | +0.02% |
| Mahindra & Mahindra Ltd. | 1.59% | 1.60% | +0.02% |
| India Universal Trust AL1 | 1.75% | 1.76% | +0.01% |
| Hindustan Aeronautics Ltd. | 1.43% | 1.42% | -0.01% |
| JSW Dulux Ltd. | 0.69% | 0.69% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹886 Cr | 2.42% | 5.4% | 6.0% | 9.7% |
 Tata Retirement Savings Moderate Fund | ₹2,115 Cr | 2.16% | 8.2% | 6.6% | 10.0% |
| ICICI Prudential Retirement Fund - Hybrid Aggressive Plan | ₹1,268 Cr | 2.45% | 0.6% | 7.3% | 12.8% |
 Axis Retirement Fund - Aggressive Plan | ₹666 Cr | 2.49% | 5.7% | 4.6% | 8.0% |
| Axis Retirement Fund - Dynamic Plan | ₹269 Cr | 2.56% | 6.7% | 4.9% | 8.6% |
 Aditya Birla Sun Life Retirement Fund - The 40s Plan | ₹110 Cr | 2.42% | 6.0% | 6.4% | 9.1% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
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.
Fund managers
- Darshil DedhiaMr. Dedhia has done CA and CFA.He has been working with ICICI Prudential Mutual Fund since 2013.
- Manasvi ShahCA, B.Com, CFA Level - 2She joined ICICI Prudential Asset Management Company Limited in September 2015 and has experience of over 7 years.
- Rohit LakhotiaMr. Lakhotia has done B.Tech from NIT(Rourkela) and MBA from National Institute of Industrial EngineeringPrior to joining ICICI Prudential Mutual Fund, he has worked with Yes Bank and Samsung Electronics
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months1.38% absolute | ₹60,000 | ₹60,828 | 1.38% | |
| 1 year3.46% annualised | ₹1,20,000 | ₹1,22,273 | 1.89% | |
| 3 years8.38% annualised | ₹3,60,000 | ₹4,10,534 | 14.04% | |
| 5 years7.39% annualised | ₹6,00,000 | ₹7,27,656 | 21.28% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.