ICICI Prudential Retirement Fund Hybrid Aggressive Plan vs Nippon India Flexi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Retirement Fund Hybrid Aggressive Plan is a Solution fund and Nippon India Flexi Cap Fund is a Flexi Cap fund. In the 3 years to 30-10-2026, ICICI Prudential Retirement Fund Hybrid Aggressive Plan (Direct) returned 16.2% a year and Nippon India Flexi Cap Fund (Direct) returned 9.1% a year. ICICI Prudential Retirement Fund Hybrid Aggressive Plan charges 1.21% a year and Nippon India Flexi Cap Fund 0.66% (Direct plans). Their portfolios overlap 27.0%: they hold 22 of the same securities.
ICICI Prudential Retirement Fund Hybrid Aggressive Plan
Solution
- 3 year return
- 16.2%
- Expense ratio
- 1.21%
- NAV
- ₹29.09
Nippon India Flexi Cap Fund
Flexi Cap
- 3 year return
- 9.1%
- Expense ratio
- 0.66%
- NAV
- ₹16.77
Which is better, ICICI Prudential Retirement Fund Hybrid Aggressive Plan or Nippon India Flexi Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential Retirement Fund Hybrid Aggressive Plan returned more over 5 years: 13.1% a year against 9.4%.
- ICICI Prudential Retirement Fund Hybrid Aggressive Plan returned more over 3 years: 16.2% a year against 9.1%.
- Nippon India Flexi Cap costs less: 0.66% a year against 1.21% (Direct plans).
- ICICI Prudential Retirement Fund Hybrid Aggressive Plan swung less over 3 years: a standard deviation of 13.7% a year against 14.5%.
- ICICI Prudential Retirement Fund Hybrid Aggressive Plan fell less in its worst fall since 18-08-2021: −14.7% against −19.8%.
- Nippon India Flexi Cap holds more in large companies: 62.9% of the fund in large caps against 41.5%.
- Nippon India Flexi Cap is the larger fund: ₹9,214 Cr against ₹1,268 Cr.
- Their portfolios overlap 27.0%: 22 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | ICICI Prudential Retirement Fund Hybrid Aggressive Plan | Nippon India Flexi Cap Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Nippon India Mutual Fund |
| Category | Solution | Flexi Cap |
| AUM | ₹1,268 Cr (30-09-2026) | ₹9,214 Cr (30-09-2026) |
| NAV | ₹29.09 (Direct) | ₹16.77 (Direct) |
| Expense ratio (Direct) | 1.21% | 0.66% |
| Expense ratio (Regular) | 2.48% | 1.85% |
| Riskometer | Not available | Very High |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index | Nifty 500 TRI |
| Launch date | 27-02-2019 | 13-08-2021 |
| Minimum investment | ₹5,000 | ₹500 |
| Lock in | 5 years, or until retirement if earlier | None |
| Fund managers | Darshil Dedhia, Rohit Lakhotia, Manasvi Shah | Meenakshi Dawar, Dhrumil Shah |
| Exit load | Nil | Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
ICICI Prudential Retirement Fund Hybrid Aggressive Plan vs Nippon India Flexi Cap: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Retirement Fund Hybrid Aggressive Plan (Direct) | −4.47% | −6.94% | −3.45% | −2.68% | +16.20% | +13.13% | -- |
| Nippon India Flexi Cap Fund (Direct) | −2.31% | −6.36% | −2.62% | −7.62% | +9.10% | +9.40% | -- |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | +10.04% | -- |
Category average: the average of the 46 Flexi Cap funds, same plan type.
ICICI Prudential Retirement Fund Hybrid Aggressive Plan vs Nippon India Flexi Cap: Year-wise Returns
| Year | ICICI Prudential Retirement Fund Hybrid Aggressive PlanICICI Prudential Retirement Fund Hybrid Aggressive Plan | Nippon India Flexi CapNippon India Flexi Cap |
|---|---|---|
| 2026to date | −4.31% | −6.70% |
| 2025 | +14.20% | +3.90% |
| 2024 | +22.73% | +16.94% |
| 2023 | +33.39% | +34.89% |
| 2022 | +1.94% | +0.74% |
| 2021 | +28.32% | -- |
ICICI Prudential Retirement Fund Hybrid Aggressive Plan vs Nippon India Flexi Cap: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Nippon India Flexi Cap Fund
Rolling returns
Every 3-year holding period, 543 of them, one for each trading day from 19-08-2024 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
ICICI Prudential Retirement Fund Hybrid Aggressive Plan (Direct)
Nippon India Flexi Cap Fund (Direct)
Nifty 500 TRI
to
Oct 2024Mar 2022
to
Mar 2025Jul 2022
to
Jul 2025Dec 2022
to
Dec 2025Apr 2023
to
Apr 2026Aug 2023
to
Aug 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Retirement Fund Hybrid Aggressive Plan | 0.0 | 0.0 | 0.0 | 0.2 | 34.6 | 62.8 | 2.4 | 20.9% | 21.3% | 15.0% | 25.8% | 100% |
| Nippon India Flexi Cap | 0.0 | 0.0 | 4.6 | 28.9 | 55.1 | 11.4 | 0.0 | 16.2% | 16.7% | 8.4% | 22.7% | 87% |
| Nifty 500 TRI | 0.0 | 0.0 | 3.5 | 34.8 | 55.8 | 5.9 | 0.0 | 15.5% | 15.6% | 8.8% | 22.3% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 18-08-2021. Past returns do not promise future returns.
ICICI Prudential Retirement Fund Hybrid Aggressive Plan vs Nippon India Flexi Cap: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-08-2021 to 30-10-2026: 63 instalments, ₹6,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Retirement Fund Hybrid Aggressive PlanICICI Prudential Retirement Fund Hybrid Aggressive Plan (Direct) | ₹6,30,000 | ₹8,79,961 | ₹2,49,961 | 12.7% |
| Nippon India Flexi CapNippon India Flexi Cap Fund (Direct) | ₹6,30,000 | ₹7,74,762 | ₹1,44,762 | 7.8% |
ICICI Prudential Retirement Fund Hybrid Aggressive PlanICICI Prudential Retirement Fund Hybrid Aggressive Plan (Direct)
Nippon India Flexi CapNippon India Flexi Cap Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
ICICI Prudential Retirement Fund Hybrid Aggressive Plan vs Nippon India Flexi Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Retirement Fund Hybrid Aggressive Plan (Direct) | Nippon India Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.68% | −7.62% |
| Standard deviation | 12.73% | 15.01% |
| Sharpe ratio | -0.62 | -0.86 |
| Sortino ratio | -0.82 | -1.14 |
| Maximum drawdown | −10.8% (23-10-2026) | −15.0% (30-03-2026) |
| Beta | -- | 1.03 |
| Alpha | -- | +0.10% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential Retirement Fund Hybrid Aggressive Plan (Direct) | Nippon India Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +16.20% | +9.10% |
| Standard deviation | 13.75% | 14.53% |
| Sharpe ratio | 0.74 | 0.21 |
| Sortino ratio | 1.00 | 0.28 |
| Maximum drawdown | −14.7% (28-02-2025) | −19.8% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | −1.13% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential Retirement Fund Hybrid Aggressive Plan (Direct) | Nippon India Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.13% | +9.40% |
| Standard deviation | 12.51% | 14.70% |
| Sharpe ratio | 0.59 | 0.25 |
| Sortino ratio | 0.79 | 0.33 |
| Maximum drawdown | −14.7% (28-02-2025) | −19.8% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | +0.58% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential Retirement Fund Hybrid Aggressive Plan (Direct) | Nippon India Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.93% | +10.27% |
| Standard deviation | 13.68% | 14.60% |
| Sharpe ratio | 0.71 | 0.31 |
| Sortino ratio | 0.95 | 0.42 |
| Maximum drawdown | −28.7% (23-03-2020) | −19.8% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | +0.33% |
From daily NAVs, 28-02-2019 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
ICICI Prudential Retirement Fund Hybrid Aggressive Plan (Direct)
Nippon India Flexi Cap Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Retirement Fund Hybrid Aggressive Plan (Direct) | −14.7% | 27-09-2024 | 28-02-2025 | 09-06-2025 | 3 months | −9.5% |
| Nippon India Flexi Cap Fund (Direct) | −19.8% | 23-09-2024 | 28-02-2025 | Not yet | -- | −10.6% |
| Nifty 500 TRI | −18.6% | 26-09-2024 | 28-02-2025 | Not yet | -- | −8.8% |
From daily values since 18-08-2021, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Retirement Fund Hybrid Aggressive Plan (Direct)
Nippon India Flexi Cap Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Retirement Fund Hybrid Aggressive Plan (Direct)
Nippon India Flexi Cap Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Retirement Fund Hybrid Aggressive Plan (Direct)
Nippon India Flexi Cap Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Retirement Fund Hybrid Aggressive Plan (Direct) | 100% | 77% | 5.15% |
| Nippon India Flexi Cap Fund (Direct) | 98% | 93% | 3.48% |
From month-end values since 18-08-2021. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
ICICI Prudential Retirement Fund Hybrid Aggressive Plan vs Nippon India Flexi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Retirement Fund Hybrid Aggressive Plan, September 2026; Nippon India Flexi Cap Fund, September 2026
Holdings in common
- Overlap
- 27.0%
- Held by both
- 22
- Only in ICICI Prudential Retirement Fund Hybrid Aggressive Plan
- 62
- Only in Nippon India Flexi Cap
- 63
| Security | % of ICICI Prudential Retirement Fund Hybrid Aggressive Plan | % of Nippon India Flexi Cap |
|---|---|---|
| Mahindra & Mahindra Ltd. | 2.39% | 2.36% |
| HDFC Bank Ltd. | 2.29% | 5.84% |
| Samvardhana Motherson International Ltd. | 2.27% | 2.28% |
| Kirloskar Oil Engines Ltd. | 1.96% | 1.98% |
| Reliance Industries Ltd. | 1.81% | 3.39% |
| Axis Bank Ltd. | 1.59% | 3.91% |
| Bajaj Finance Ltd. | 1.39% | 1.94% |
| Swiggy Ltd | 1.85% | 1.26% |
| State Bank Of India | 1.19% | 1.99% |
| Avenue Supermarts Ltd. | 1.62% | 1.15% |
| Multi Commodity Exchange Of India Ltd. | 1.77% | 1.14% |
| Hindustan Aeronautics Ltd. | 1.07% | 1.62% |
| TML Commercial Vehicles Ltd. | 1.47% | 1.07% |
| Jindal Steel Ltd. | 1.02% | 1.67% |
| SIEMENS ENERGY INDIA LTD | 1.00% | 1.50% |
| Larsen & Toubro Ltd. | 0.93% | 2.64% |
| Apollo Hospitals Enterprise Ltd. | 1.45% | 0.88% |
| Maruti Suzuki India Ltd. | 0.61% | 1.35% |
| Titan Company Ltd. | 2.32% | 0.60% |
| Crompton Greaves Consumer Electricals Ltd. | 0.56% | 0.62% |
| Mphasis Ltd. | 1.37% | 0.55% |
| Medplus Health Services Ltd | 0.71% | 0.32% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 27.0% means 27.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in ICICI Prudential Retirement Fund Hybrid Aggressive Plan
| Security | % of fund |
|---|---|
| Life Insurance Corporation of India | 4.38% |
| Government Securities | 2.82% |
| Vedanta Ltd. | 2.39% |
| Indegene Ltd. | 2.08% |
| Bharat Petroleum Corporation Ltd. | 1.95% |
Largest holdings only in Nippon India Flexi Cap Fund
| Security | % of fund |
|---|---|
| ICICI Bank Limited | 7.07% |
| Eternal Limited | 2.21% |
| Bharti Airtel Limited | 1.90% |
| Radico Khaitan Limited | 1.90% |
| Mankind Pharma Limited | 1.87% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Retirement Fund Hybrid Aggressive Plan | Nippon India Flexi Cap |
|---|---|---|
| Equity | 82.1% | 99.0% |
| Debt | 11.5% | 0.0% |
| Cash and others | 6.4% | 1.0% |
Market cap of stocks
| Market cap | ICICI Prudential Retirement Fund Hybrid Aggressive Plan | Nippon India Flexi Cap |
|---|---|---|
| Large Cap | 41.5% | 62.9% |
| Mid Cap | 20.9% | 21.4% |
| Small Cap | 19.6% | 14.6% |
| Not on AMFI's list | 0.0% | 0.1% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | ICICI Prudential Retirement Fund Hybrid Aggressive Plan | Nippon India Flexi Cap |
|---|---|---|
| Banks | 5.1% | 21.0% |
| Retailing | 6.3% | 8.2% |
| Industrial Products | 7.5% | 3.7% |
| Capital Markets | 6.0% | 3.1% |
| Automobiles | 5.5% | 3.7% |
| Pharmaceuticals & Biotechnology | 4.2% | 5.5% |
| IT - Software | 0.0% | 5.5% |
| Consumer Durables | 5.2% | 3.6% |
| Petroleum Products | 3.8% | 4.4% |
| Finance | 2.7% | 4.2% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Retirement Fund Hybrid Aggressive Plan vs Nippon India Flexi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Retirement Fund Hybrid Aggressive Plan | Nippon India Flexi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.21% | 0.66% |
| Base expense ratio (Direct) | 0.73% | 0.48% |
| Total expense ratio (Regular) | 2.48% | 1.85% |
| Base expense ratio (Regular) | 1.86% | 1.52% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
ICICI Prudential Retirement Fund Hybrid Aggressive Plan vs Nippon India Flexi Cap Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Retirement Fund Hybrid Aggressive Plan and Nippon India Flexi Cap Fund?
ICICI Prudential Retirement Fund Hybrid Aggressive Plan is a Solution fund, Nippon India Flexi Cap Fund is a Flexi Cap fund, run by ICICI Prudential Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 27.0%. ICICI Prudential Retirement Fund Hybrid Aggressive Plan charges 1.21% a year and Nippon India Flexi Cap Fund 0.66%.
Which has given higher returns, ICICI Prudential Retirement Fund Hybrid Aggressive Plan or Nippon India Flexi Cap Fund?
Over 1 year: ICICI Prudential Retirement Fund Hybrid Aggressive Plan −2.68%, Nippon India Flexi Cap Fund −7.62%. Over 3 years: ICICI Prudential Retirement Fund Hybrid Aggressive Plan +16.20% a year, Nippon India Flexi Cap Fund +9.10% a year. Over 5 years: ICICI Prudential Retirement Fund Hybrid Aggressive Plan +13.13% a year, Nippon India Flexi Cap Fund +9.40% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Retirement Fund Hybrid Aggressive Plan or Nippon India Flexi Cap Fund?
Nippon India Flexi Cap Fund charges less: 0.66% a year against 1.21%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Retirement Fund Hybrid Aggressive Plan and Nippon India Flexi Cap Fund overlap?
27.0%. They hold 22 of the same securities, the largest shared ones being M&M, HDFCBANK, MOTHERSON. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Retirement Fund Hybrid Aggressive Plan or Nippon India Flexi Cap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹8,40,826 in ICICI Prudential Retirement Fund Hybrid Aggressive Plan (XIRR 12.6% a year) and ₹7,41,931 in Nippon India Flexi Cap Fund (XIRR 7.6% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Retirement Fund Hybrid Aggressive Plan and Nippon India Flexi Cap Fund?
Yes. 27.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ICICI Prudential Retirement Fund Hybrid Aggressive Plan and Nippon India Flexi Cap Fund?
ICICI Prudential Retirement Fund Hybrid Aggressive Plan: Darshil Dedhia, Rohit Lakhotia, Manasvi Shah. Nippon India Flexi Cap Fund: Meenakshi Dawar, Dhrumil Shah.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.