NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

ICICI Prudential Retirement Fund Hybrid Conservative Plan Growth for NRI [16.60]

Min Investment

5,000

Fund Size

78.79 Cr

Expense Ratio

2.1%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

16.60

0.00%

NAV as on 18 Dec 24, 12:00 AM

moderately high risk

retirement

equity

NAV as on 18 Dec 24, 12:00 AM

moderately high risk

retirement

equity

10.86%p.a.

Last 1Y

8.89%p.a.

Last 3Y

9.04%p.a.

Last 5Y

0.00%p.a.

Since Inception

About ICICI Prudential Retirement Fund Hybrid Conservative Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Retirement Fund Hybrid Conservative Plan Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Retirement mutual fund scheme that predominantly invests in Retirement stocks of companies. Launched on Feb 2019, ICICI Prudential Retirement Fund Hybrid Conservative Plan Growth is Retirement fund of its category with 78.79 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Retirement funds.

  • ICICI Prudential Retirement Fund Hybrid Conservative Plan Growth delivered 10.9% annual returns during the last year. It has delivered 0.0% average annual returns since the fund was launched.
  • ICICI Prudential Retirement Fund Hybrid Conservative Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

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. However, there is no assurance or guarantee that the investment objective of the plan would be achieved.

Top 10 Holdings

7.18% Govt Stock 2033

11.06%

7.1% Govt Stock 2034

9.08%

7.53% Govt Stock 2034

8.47%

National Bank For Agriculture And Rural Development

6.32%

Summit Digitel Infrastructure Limited

6.26%

Nirma Limited

4.49%

Power Finance Corporation Limited

3.82%

Godrej Industries Limited

3.79%

Tech Mahindra Ltd

3.34%

Aditya Birla Finance Limited

3.04%

Fund Managers

  1. Lalit Kumar (May 2022 - Present)
  2. Sharmila D’mello (Jul 2022 - Present)
  3. Darshil Dedhia (Jan 2024 - Present)
  4. Rohit Lakhotia (Jun 2023 - Present)

Key Information

View Scheme Document

ICICI Prudential Retirement Fund Hybrid Conservative Plan Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on ICICI Prudential Retirement Fund Hybrid Conservative Plan Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in ICICI Prudential Retirement Fund Hybrid Conservative Plan Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in ICICI Prudential Retirement Fund Hybrid Conservative Plan Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions