ICICI Prudential Retirement Fund Hybrid Conservative Plan vs Union Retirement Fund
ICICI Prudential Retirement Fund Hybrid Conservative Plan and Union Retirement Fund are both Retirement Funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +9.74% vs +13.52%, 5-year CAGR +8.63% vs —, volatility 4.68% vs 14.29%, maximum drawdown −10.16% vs −17.77%. Their portfolios overlap by 5.5% (6 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| ICICI Prudential Retirement Fund Hybrid Conservative Plan | Union Retirement | |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Union Mutual Fund |
| Compared as | Retirement Funds | Retirement Funds |
| NAV | ₹20.2063 | ₹17.2300 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 28 Feb 2019 | 29 Sep 2022 |
| Track record | 7.7 yrs | 4.1 yrs |
| Fund size (AUM) | ₹95 Cr | ₹207 Cr |
| Securities held | 34 | 80 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| ICICI Prudential Retirement Fund Hybrid Conservative Plan | Union Retirement | |
|---|---|---|
| 1 month | +1.18% | +2.26% |
| 3 months | −0.70% | −2.87% |
| 6 months | +2.02% | +0.76% |
| 1 year | +4.61% | +2.93% |
| 3 years (CAGR) | +9.74% | +13.52% |
| 5 years (CAGR) | +8.63% | — |
| 7 years (CAGR) | +9.47% | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +9.57% | +15.36% |
| SIP return (XIRR, 5 years) ⓘ | +8.99% | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| ICICI Prudential Retirement Fund Hybrid Conservative Plan | Union Retirement | |
|---|---|---|
| 2026 (year to date) | +2.79% | +2.07% |
| 2025 | +10.28% | +7.45% |
| 2024 | +10.96% | +18.75% |
| 2023 | +16.28% | +32.30% |
| 2022 | +2.70% | — |
| 2021 | +8.85% | — |
Risk
| ICICI Prudential Retirement Fund Hybrid Conservative Plan | Union Retirement | |
|---|---|---|
| Volatility (annualised) ⓘ | 4.68% | 14.29% |
| Downside volatility ⓘ | 3.36% | 10.06% |
| Sharpe ratio ⓘ | 0.70 | 0.49 |
| Sortino ratio ⓘ | 0.97 | 0.70 |
| Maximum drawdown ⓘ | −10.16% | −17.77% |
| Recovery from that fall | 3 months | 8 months |
| Current fall from peak | −1.18% | −3.42% |
| Rolling 1-year return: worst | −1.71% | −5.01% |
| Rolling 1-year return: median | +9.52% | +10.97% |
| Rolling 1-year return: best | +25.25% | +45.97% |
| Share of 1-year periods with a loss | 0.12% | 3.40% |
Against each fund's benchmark
| ICICI Prudential Retirement Fund Hybrid Conservative Plan | Union Retirement | |
|---|---|---|
| Beta ⓘ | 0.30 | 0.94 |
| Alpha (Jensen's, annualised) ⓘ | +1.52% | +3.45% |
| R² ⓘ | 85.05 | 90.35 |
| Upside capture | 48.48% | 105.72% |
| Downside capture | 19.16% | 87.27% |
| Tracking error | 10.57% | 4.63% |
| Information ratio | 0.06 | 0.78 |
| Treynor ratio | 8.64 | 5.96 |
Portfolio
Asset mix
| ICICI Prudential Retirement Fund Hybrid Conservative Plan | Union Retirement | |
|---|---|---|
| Debt | 71.52% | 0.07% |
| Equity | 22.54% | 97.85% |
| Cash & equivalents | 5.93% | 2.08% |
Market-cap split (share of fund assets)
| ICICI Prudential Retirement Fund Hybrid Conservative Plan | Union Retirement | |
|---|---|---|
| Large Cap | 15.88% | 46.79% |
| Mid Cap | 3.56% | 20.48% |
| Small Cap | 3.11% | 30.58% |
| Unclassified | 0.00% | 0.00% |
Concentration
| ICICI Prudential Retirement Fund Hybrid Conservative Plan | Union Retirement | |
|---|---|---|
| Top 10 holdings | 67.27% | 27.49% |
| Effective number of stocks ⓘ | 8 | 57.7 |
| Securities held | 34 | 80 |
Portfolio overlap: 5.5%
6 companies are held by both funds; by weight, 5.5% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | ICICI Prudential Retirement Fund Hybrid Conservative Plan | Union Retirement |
|---|---|---|
| Titan Company Limited | 1.20% | 1.55% |
| HDFC Bank Limited | 1.09% | 4.29% |
| Nippon Life India Asset Management Limited | 0.92% | 1.30% |
| Tata Consumer Products Limited | 0.85% | 1.84% |
| Apollo Hospitals Enterprise Limited | 1.38% | 0.79% |
| InterGlobe Aviation Limited | 1.01% | 0.66% |
Top 10 holdings
ICICI Prudential Retirement Fund Hybrid Conservative Plan
- 6.94% Government of India (11/05/2036)32.70%
- 7.34% GOI MAT 2204645.99%
- Housing and Urban Development Corporation Ltd.5.35%
- NABARD5.24%
- 8.30% REC Limited 20294.26%
- Government Securities3.77%
- Nirma Ltd.3.68%
- Vedanta Ltd.2.12%
- Life Insurance Corporation Of India2.09%
- Power Finance Corporation Ltd.2.08%
Union Retirement
- ICICI Bank Limited5.76%
- HDFC Bank Limited4.29%
- Multi Commodity Exchange of India Limited2.72%
- Solar Industries India Limited2.53%
- Eternal Limited2.17%
- Reliance Industries Limited2.10%
- Axis Bank Limited2.08%
- Navin Fluorine International Limited2.00%
- S.J.S. Enterprises Limited1.97%
- Azad Engineering Ltd1.87%
Sector exposure
| ICICI Prudential Retirement Fund Hybrid Conservative Plan | Union Retirement | |
|---|---|---|
| Sovereign | 42.45% | 0.04% |
| Banks | 2.63% | 17.03% |
| CRISIL AAA | 13.98% | 0.00% |
| Capital Markets | 0.92% | 6.79% |
| Electrical Equipment | 0.00% | 6.25% |
| Chemicals & Petrochemicals | 0.00% | 5.77% |
| Auto Components | 2.46% | 5.73% |
| Consumer Durables | 1.89% | 5.61% |
| ICRA AAA | 5.35% | 0.00% |
| Retailing | 2.43% | 4.67% |
| IT - Software | 0.00% | 4.46% |
| Pharmaceuticals & Biotechnology | 1.27% | 4.11% |
| CRISIL AA | 3.68% | 0.00% |
| Automobiles | 1.60% | 3.59% |
Questions people ask
What is the difference between ICICI Prudential Retirement Fund Hybrid Conservative Plan and Union Retirement returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return +4.61% vs +2.93%; 3-year CAGR +9.74% vs +13.52%; 5-year CAGR +8.63% vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do ICICI Prudential Retirement Fund Hybrid Conservative Plan and Union Retirement compare on risk?
Volatility (36 monthly returns, annualised) 4.68% vs 14.29%; Sharpe ratio 0.70 vs 0.49; Sortino ratio 0.97 vs 0.70; maximum drawdown −10.16% vs −17.77%; beta 0.30 vs 0.94.
How much do ICICI Prudential Retirement Fund Hybrid Conservative Plan and Union Retirement overlap?
By weight, 5.5% of the two portfolios is invested in the same companies; 6 stocks are held by both, the largest shared positions being Titan Company Limited, HDFC Bank Limited, Nippon Life India Asset Management Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of ICICI Prudential Retirement Fund Hybrid Conservative Plan and Union Retirement?
ICICI Prudential Retirement Fund Hybrid Conservative Plan: large cap 15.9%, mid cap 3.6%, small cap 3.1%. Union Retirement: large cap 46.8%, mid cap 20.5%, small cap 30.6% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
ICICI Prudential Retirement Fund Hybrid Conservative Plan vs
- ICICI Prudential Retirement Fund Hybrid Conservative Plan vs BANDHAN RETIREMENT
- ICICI Prudential Retirement Fund Hybrid Conservative Plan vs HDFC Retirement Fund - Hybrid-Equity Plan
- ICICI Prudential Retirement Fund Hybrid Conservative Plan vs Nippon India Retirement Fund- Wealth Creation Scheme
- ICICI Prudential Retirement Fund Hybrid Conservative Plan vs SBI Retirement Benefit Fund - Conservative Plan
- ICICI Prudential Retirement Fund Hybrid Conservative Plan vs UTI Children's Hybrid
- ICICI Prudential Retirement Fund Hybrid Conservative Plan vs Axis Children's
Union Retirement vs
- Union Retirement vs HDFC Retirement Fund - Equity Plan
- Union Retirement vs LIC MF Children's
- Union Retirement vs SBI Retirement Benefit Fund - Aggressive Plan
- Union Retirement vs Union Children's
- Union Retirement vs Aditya Birla Sun Life Retirement Fund-The 50s Plan
- Union Retirement vs Baroda BNP Paribas Children's
All Retirement Funds comparisons → · Compare up to six funds yourself → · Every fund in this category → · All comparisons →
Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 5 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.