ICICI Prudential Retirement Fund Pure Debt
This is the Direct plan of ICICI Prudential Retirement Fund Pure Debt — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
NAV history
Scorecard
★★☆☆☆2/5 vs 27 of 28 Retirement Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Retirement Fund (same plan and option). 27 of the 28 Retirement Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +6.48% · ranks 23 of 27 Retirement Funds
Volatility 1.3% vs 9.4% category avg
1.2% expense vs 1.1% category avg
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Ahead of the Retirement Fund average on 1M/3M/1Y — 1Y by 3.32pp
- Ranks #5 of 29 on 1-year return in its Retirement Fund cohort
- Less volatile than its Retirement Fund peers (1.3% vs 9.4%)
- Consistent — positive in 100% of rolling 3-year windows
Concerns
- 3-year return (+6.48%) trails the Retirement Fund average (+9.22%)
- 5-year return (+5.87%) trails the Retirement Fund average (+8.76%)
- Weaker risk-adjusted returns — Sharpe -0.02 below the Retirement Fund average of 0.21
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Retirement Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -0.14% | -4.01% | +3.87% |
| 3M abs | -0.03% | -2.52% | +2.49% |
| 6M abs | +2.91% | +6.03% | -3.12% |
| 1Y CAGR | +3.88% | +0.56% | +3.32% |
| 3Y CAGR | +6.48% | +9.22% | -2.74% |
| 5Y CAGR | +5.87% | +8.76% | -2.89% |
Category average across peers in Retirement Fund (up to 28 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 28 peers in Retirement Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into ICICI Prudential Retirement Fund Pure Debt, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +2.82% | |
| 2025 | +6.73% | |
| 2024 | +8.38% | |
| 2023 | +7.06% | |
| 2022 | +3.73% | |
| 2021 | +4.62% | |
| 2020 | +12.10% | |
| 2019part | +10.74% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Debt96.52%
- Cash & Equivalents3.48%
Fund size over time
Quarterly average AUM · AMFIDown +5% from its peak of ₹86.47Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
ICICI Prudential Mutual Fund is a joint venture between ICICI Bank and Prudential plc of the UK, in business since 1993. It is among India's largest houses by assets and runs one of the industry's widest scheme line-ups across equity, debt and hybrid.
Fund Managers
DDDarshil DedhiaStart date not disclosed
Fund Manager – Fixed Income
Chartered Accountant, Chartered Financial Analyst (CFA) and B.Com
He started his career with ICICI Prudential Asset in January 2013 and has experience of over 12 years. Past Experience: ~ ICICI Prudential Asset Management Company Limited – Investments – Mutual Fund Debt – August 9, 2018 till date. ~ ICICI Prudential Asset Management Company Limited – Fund Accounting – February 9, 2016 till August 8, 2018. ~ ICICI Prudential Asset Management Company Limited – Investments – Fixed Income – May 25, 2015 to Feb 8, 2016. ~ ICICI Prudential Asset Management Company Limited – Fund Accounting – January 22, 2013 to May 24, 2015.
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- ICICI Prudential Floating Interest Rates Fund
- ICICI Prudential Floating Interest Rates Fund
- ICICI Prudential Liquid Fund -
- ICICI Prudential Liquid Fund -
- ICICI Prudential Nifty 10 yr Benchmark G-sec ETF
- ICICI Prudential Nifty 5 yr Benchmark G-SEC ETF
- ICICI Prudential Nifty G-Sec Dec 2030 Index Fund
- ICICI Prudential Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund
- ICICI Prudential Nifty SDL Dec 2028 Index Fund
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- ICICI Prudential Children's Fund - Direct Plan - Growth
- ICICI Prudential CRISIL-IBX AAA Bond Financial Services Index -Dec 2026 Fund- Direct Plan - Growth
- ICICI Prudential Equity - Arbitrage Fund-Institutional Growth Option
- ICICI Prudential Floating Interest Fund - Fortnightly IDCW
- ICICI Prudential Retirement Fund Hybrid Aggressive Plan - Direct Plan - Growth
- ICICI Prudential Retirement Fund Hybrid Conservative Plan - Direct Plan - Growth
- ICICI Prudential Retirement Fund Pure Equity Plan - Direct Plan - Growth
- ICICI Prudential Savings Fund Retail Growth
RLRohit LakhotiaStart date not disclosed
Fund Manager – Fixed Income
Bachelor of Technology (Honors) Electrical Engineering from NIT Rourkela and MBA from Indian Institute of Management (IIM), Mumbai and Chartered Financial Analyst (CFA)
Mr. Rohit Lakhotia is associated with ICICI Prudential Asset Management Company Limited from May 2016. He was appointed as Fund Manager with effect from June 12, 2023. He has over 14 years of experience. Past Experience: Yes Bank Limited – Corporate Banking – May 2012 to May 2016 Samsung India(R&D) Centre, Noida – Senior R&D Engineer – July 2008 – July 2010.
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- ICICI Prudential Nifty 10 yr Benchmark G-sec ETF
- ICICI Prudential Nifty 5 yr Benchmark G-SEC ETF
- ICICI Prudential Nifty G-Sec Dec 2030 Index Fund
- ICICI Prudential Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund
- ICICI Prudential Nifty SDL Dec 2028 Index Fund
- ICICI Prudential Nifty SDL Sep 2026 Index Fund
- ICICI Prudential Nifty SDL Sep 2027 Index Fund
- ICICI Prudential Bond Fund- Institutional Growth
- ICICI Prudential CRISIL-IBX AAA Bond Financial Services Index -Dec 2026 Fund- Direct Plan - Growth
- ICICI Prudential Retirement Fund Hybrid Aggressive Plan - Direct Plan - Growth
- ICICI Prudential Retirement Fund Hybrid Conservative Plan - Direct Plan - Growth
- ICICI Prudential Retirement Fund Pure Equity Plan - Direct Plan - Growth
We don't hold this scheme's own Scheme Information Document. The managers shown are those named on it in this fund house's filings for its other schemes, so the list may be incomplete. Total AUM via AMFI.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
From the blog
Frequently asked questions
What is the NAV of ICICI Prudential Retirement Fund Pure Debt?
As of 01 Oct 2026, the NAV of ICICI Prudential Retirement Fund Pure Debt is ₹17.17 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has ICICI Prudential Retirement Fund Pure Debt delivered?
ICICI Prudential Retirement Fund Pure Debt has returned +3.88% over 1 year, +6.48% per year over 3 years, +5.87% per year over 5 years and +7.37% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of ICICI Prudential Retirement Fund Pure Debt?
ICICI Prudential Retirement Fund Pure Debt charges an expense ratio of 1.22% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of ICICI Prudential Retirement Fund Pure Debt?
ICICI Prudential Retirement Fund Pure Debt's largest holdings are Government Securities (13.7%), Government Securities (12.0%), Government Securities (8.9%), Nirma Ltd. (7.5%) and Housing and Urban Development Corporation Ltd. (6.4%). Holdings are disclosed monthly and change over time.
How risky is ICICI Prudential Retirement Fund Pure Debt?
ICICI Prudential Retirement Fund Pure Debt is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.3% and its worst peak-to-trough fall in our sample was -2.7%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of -0.02 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Retirement Fund Pure Debt's -0.02 means it has not compensated investors for its volatility over the window. Higher is better.
What is the benchmark of ICICI Prudential Retirement Fund Pure Debt?
ICICI Prudential Retirement Fund Pure Debt is benchmarked against the Nifty Composite Debt Index. Its alpha and beta on this page are measured against that index.
Who manages ICICI Prudential Retirement Fund Pure Debt?
ICICI Prudential Retirement Fund Pure Debt is managed by Darshil Dedhia and Rohit Lakhotia at ICICI Prudential.
How is ICICI Prudential Retirement Fund Pure Debt taxed?
ICICI Prudential Retirement Fund Pure Debt is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.