ICICI Prudential Retirement Fund - Hybrid Conservative Plan
- NAV as on 25 Sep 2026
- ₹18.24+0.07%1 day
- Return since launch
- 8.2%
- 52-week range
- ₹17.40 — ₹18.53
- AUM
- ₹97.60 Cr
ICICI Prudential Retirement Fund - Hybrid Conservative Plan is a Retirement Solutions hybrid fund from ICICI Prudential Mutual Fund with ₹97.60 Cr under management, launched in 2019. Over three years it has returned 6.3% a year, against 8.0% for its category. The expense ratio is 2.26% 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 +4.8% against +0.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.2% | +1.7 pts | 1.5% | -0.7% |
| 2Y | 5.2% | +2.7 pts | 2.5% | 1.5% |
| 3Y | 6.3% | −1.7 pts | 8.0% | 3.9% |
| 5Y | 8.0% | +1.1 pts | 7.0% | 7.0% |
| 7Y | 8.1% | −1.5 pts | 9.6% | 8.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -1.2% | +1.2 pts | -2.4% | -2.0% |
| 3M | 0.1% | +0.6 pts | -0.5% | -1.0% |
| 6M | 4.0% | −1.7 pts | 5.7% | 5.5% |
| 1Y | 4.8% | +3.3 pts | 1.5% | 0.2% |
| 2Y | 4.7% | +4.4 pts | 0.3% | 0.8% |
| 3Y | 8.7% | +0.6 pts | 8.0% | 8.0% |
| 5Y | 7.4% | +0.5 pts | 7.0% | 6.9% |
| 7Y | 8.3% | −1.8 pts | 10.1% | 8.9% |
Since launch (7 Feb 2019): 8.2%
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
2.26%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.84%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.39%
- 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 | 0.75 | 0.56 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.91 | 0.72 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 4.43 | 12.81 | 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 31 Aug 2026
Asset allocation
- Equity23.8%
- Debt64.0%
- Other12.3%
Market cap split
- Large66.7%
- Mid19.2%
- Small14.2%
- P/E
- 23.23
- P/B
- 4.07
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 12.27% | ₹11.97 Cr | +1.12% | +2.96% | +3.38% |
| GOI | Sovereign | 5.91% | ₹5.77 Cr | +6.32% | +6.39% | +7.24% |
| Housing & Urban Development Corporation Ltd. | Financial | 5.26% | ₹5.13 Cr | — | — | — |
| National Bank For Agriculture & Rural Development | Financial | 5.12% | ₹5.00 Cr | +5.48% | +5.43% | +6.18% |
| REC Ltd. | Financial | 4.18% | ₹4.08 Cr | +4.47% | — | — |
| Nirma Ltd. | Consumer Staples | 3.59% | ₹3.51 Cr | +3.85% | +3.79% | +4.31% |
| company:5765 | Insurance | 2.16% | ₹2.11 Cr | — | — | — |
| Vedanta Ltd. | Metals & Mining | 2.07% | ₹2.02 Cr | +0.64% | +1.55% | +1.02% |
| Power Finance Corporation Ltd. | Financial | 2.05% | ₹2.00 Cr | +2.19% | +2.20% | +2.51% |
| Yes Bank Ltd. | Financial | 2.05% | ₹2.00 Cr | +2.19% | +2.14% | +2.42% |
| Samvardhana Motherson International Ltd. | Automobile | 1.79% | ₹1.75 Cr | +1.09% | +0.98% | +0.68% |
| India Universal Trust AL1 | Others | 1.75% | ₹1.71 Cr | +1.94% | +1.96% | +2.31% |
| Kotak Mahindra Bank Ltd. | Financial | 1.66% | ₹1.62 Cr | +1.19% | — | — |
| Mahindra & Mahindra Ltd. | Automobile | 1.59% | ₹1.55 Cr | +1.43% | +1.46% | +1.94% |
| company:19531 | Services | 1.52% | ₹1.48 Cr | — | — | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 1.43% | ₹1.39 Cr | +0.64% | — | — |
| Indian Railway Finance Corporation Ltd. | Financial | 1.33% | ₹1.30 Cr | +1.42% | +1.41% | +1.60% |
| Titan Company Ltd. | Consumer Discretionary | 1.31% | ₹1.28 Cr | +1.12% | — | — |
| V-Mart Retail Ltd. | Services | 1.15% | ₹1.12 Cr | — | — | — |
| HDFC Bank Ltd. | Financial | 1.07% | ₹1.04 Cr | +0.96% | +1.12% | — |
| Interglobe Aviation Ltd. | Services | 1.03% | ₹1.00 Cr | +0.93% | +1.00% | +2.89% |
| Small Industries Devp. Bank of India Ltd. | Financial | 1.02% | ₹0.99 Cr | +1.09% | +1.08% | — |
| Nippon Life India Asset Management Ltd. | Financial | 0.99% | ₹0.96 Cr | — | — | — |
| Jindal Steel Ltd. | Metals & Mining | 0.98% | ₹0.95 Cr | +1.06% | +1.07% | +0.92% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.98% | ₹0.95 Cr | — | — | — |
| Tata Steel Ltd. | Metals & Mining | 0.96% | ₹0.94 Cr | +0.80% | — | — |
| Tata Consumer Products Ltd. | Consumer Staples | 0.91% | ₹0.88 Cr | +0.97% | — | — |
| Radico Khaitan Ltd. | Consumer Staples | 0.79% | ₹0.77 Cr | +0.67% | +0.39% | — |
| Pfizer Ltd. | Healthcare | 0.79% | ₹0.77 Cr | +0.88% | +0.95% | — |
| Motherson Sumi Wiring India Ltd. | Automobile | 0.74% | ₹0.72 Cr | — | — | — |
| JSW Dulux Ltd. | Materials | 0.69% | ₹0.67 Cr | +0.74% | +0.67% | — |
| Biocon Ltd. | Healthcare | 0.65% | ₹0.63 Cr | — | — | — |
| Jindal Stainless Ltd. | Metals & Mining | 0.61% | ₹0.60 Cr | +0.64% | +0.71% | +0.46% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:5765 | 0.00% | 2.16% | +2.16% |
| company:19531 | 0.00% | 1.52% | +1.52% |
| Tech Mahindra Ltd. | 1.28% | 0.00% | -1.28% |
| Aavas Financiers Ltd. | 1.00% | 0.00% | -1.00% |
| Vedanta Aluminium Metal Ltd. | 0.78% | 0.00% | -0.78% |
| V-Mart Retail Ltd. | 0.77% | 1.15% | +0.38% |
| Tata Steel Ltd. | 0.69% | 0.96% | +0.27% |
| Samvardhana Motherson International Ltd. | 1.60% | 1.79% | +0.19% |
| GOI | 6.01% | 5.91% | -0.11% |
| Kotak Mahindra Bank Ltd. | 1.56% | 1.66% | +0.10% |
| Others | 1.49% | 1.57% | +0.08% |
| Motherson Sumi Wiring India Ltd. | 0.83% | 0.74% | -0.08% |
| Pfizer Ltd. | 0.87% | 0.79% | -0.08% |
| Mahindra & Mahindra Ltd. | 1.66% | 1.59% | -0.07% |
| REC Ltd. | 4.25% | 4.18% | -0.07% |
| HDFC Bank Ltd. | 1.14% | 1.07% | -0.07% |
| Jindal Steel Ltd. | 0.91% | 0.98% | +0.07% |
| National Bank For Agriculture & Rural Development | 5.18% | 5.12% | -0.06% |
| Housing & Urban Development Corporation Ltd. | 5.32% | 5.26% | -0.06% |
| Power Finance Corporation Ltd. | 2.10% | 2.05% | -0.05% |
| Tata Consumer Products Ltd. | 0.95% | 0.91% | -0.05% |
| India Universal Trust AL1 | 1.80% | 1.75% | -0.05% |
| Titan Company Ltd. | 1.26% | 1.31% | +0.05% |
| JSW Dulux Ltd. | 0.65% | 0.69% | +0.04% |
| Nirma Ltd. | 3.63% | 3.59% | -0.03% |
| Jindal Stainless Ltd. | 0.65% | 0.61% | -0.03% |
| Hindustan Aeronautics Ltd. | 1.40% | 1.43% | +0.03% |
| Biocon Ltd. | 0.68% | 0.65% | -0.03% |
| Vedanta Ltd. | 2.09% | 2.07% | -0.02% |
| Radico Khaitan Ltd. | 0.77% | 0.79% | +0.02% |
| Yes Bank Ltd. | 2.07% | 2.05% | -0.02% |
| Indian Railway Finance Corporation Ltd. | 1.35% | 1.33% | -0.02% |
| Apollo Hospitals Enterprise Ltd. | 0.99% | 0.98% | -0.02% |
| Small Industries Devp. Bank of India Ltd. | 1.03% | 1.02% | -0.02% |
| Interglobe Aviation Ltd. | 1.03% | 1.03% | 0.00% |
| Nippon Life India Asset Management Ltd. | 0.99% | 0.99% | 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 | ₹936 Cr | 2.43% | 1.7% | 5.5% | 9.5% |
 Tata Retirement Savings Moderate Fund | ₹2,251 Cr | 2.17% | 6.1% | 6.5% | 10.0% |
| ICICI Prudential Retirement Fund - Hybrid Aggressive Plan | ₹1,320 Cr | 2.48% | 4.6% | 9.8% | 14.3% |
 Axis Retirement Fund - Aggressive Plan | ₹706 Cr | 2.50% | -2.1% | 2.8% | 6.9% |
| Axis Retirement Fund - Dynamic Plan | ₹285 Cr | 2.57% | -0.7% | 3.4% | 7.6% |
 Aditya Birla Sun Life Retirement Fund - The 40s Plan | ₹116 Cr | 2.42% | 0.6% | 5.1% | 8.4% |
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 months3.98% absolute | ₹60,000 | ₹62,388 | 3.98% | |
| 1 year4.83% annualised | ₹1,20,000 | ₹1,23,186 | 2.66% | |
| 3 years8.65% annualised | ₹3,60,000 | ₹4,12,304 | 14.53% | |
| 5 years7.43% annualised | ₹6,00,000 | ₹7,28,436 | 21.41% |
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.