ICICI Prudential Retirement Fund - Hybrid Aggressive - Direct Plan - Growth Option

ICICI Prudential Retirement Fund - Hybrid Aggressive - Direct Plan - Growth Option ranks among the stronger performers in the Retirement Fund category, backed by a 5-star rating. Consistent 3-year performance combined with a strong rating makes this one of the more credible options in its space. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 87/100.

Cost: At 1.11%, the expense ratio runs 16% above the Retirement Fund category average of 0.96%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.31 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 12.98% is fairly typical for actively managed equity funds.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Solution Oriented fund.