COMPARE
Bandhan Retirement Fund - Direct Plan - Growth vs ICICI Prudential Retirement Fund - Hybrid Aggressive - Direct Plan - Growth Option
Bandhan Retirement Fund and ICICI Prudential Retirement Fund - Hybrid Aggressive are both in the Retirement Fund category, from Bandhan AMC Limited and ICICI Prudential Asset Management Company Limited respectively. Bandhan Retirement Fund has posted a higher 3-year rolling CAGR. Bandhan Retirement Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Bandhan Retirement Fund has the lower direct-plan expense ratio, by 0.27 percentage points.
| Bandhan Retirement Fund - Direct Plan - Growth | ICICI Prudential Retirement Fund - Hybrid Aggressive - Direct Plan - Growth Option | |
|---|---|---|
| Category | Retirement Fund | Retirement Fund |
| AMC | Bandhan AMC Limited | ICICI Prudential Asset Management Company Limited |
| Benchmark | CRISIL Hybrid 50+50 - Moderate Index | CRISIL Hybrid 35+65 - Aggressive Index |
| NAV | ₹12.658 (2026-10-28) | ₹29.16 (2026-10-28) |
| AUM | ₹173.751 Cr | ₹1,223.544 Cr |
| Expense Ratio (Direct) | 0.96% | 1.23% |
| Inception | 2023-09-28 | 2019-02-07 |
Returns
Bandhan Retirement Fund leads on 3-year rolling CAGR (8.7% vs ICICI Prudential Retirement Fund - Hybrid Aggressive's 20.7%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
ICICI Prudential Retirement Fund - Hybrid Aggressive has been the more volatile of the two by standard deviation.
| Bandhan Retirement Fund - Direct Plan - Growth | ICICI Prudential Retirement Fund - Hybrid Aggressive - Direct Plan - Growth Option | |
|---|---|---|
| 3Y Sharpe Ratio | 0.14 | 0.52 |
| 3Y Alpha | -1.8068% | 6.3201% |
| 3Y Std Deviation | 8.4233% | 13.8114% |
| 3Y Calmar Ratio | 0.84 | 0.97 |
Portfolio Analytics
ICICI Prudential Retirement Fund - Hybrid Aggressive carries the higher portfolio YTM.
| Bandhan Retirement Fund - Direct Plan - Growth | ICICI Prudential Retirement Fund - Hybrid Aggressive - Direct Plan - Growth Option | |
|---|---|---|
| P/E Ratio | 23.4329 | - |
| P/B Ratio | 6.656 | - |
| Dividend Yield | 1.3386% | 0.87% |
| Active Share | - | - |
| Portfolio Turnover | 17% | - |
| YTM | 7.8% | 7.8919% |
| Duration (Macaulay) | 8.61 yrs | 2.87 yrs |
Punji Fund Health Score
Bandhan Retirement Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Bandhan Retirement Fund or ICICI Prudential Retirement Fund - Hybrid Aggressive?
Bandhan Retirement Fund's 3-year rolling CAGR of 8.7% is higher than ICICI Prudential Retirement Fund - Hybrid Aggressive's 20.7%. Bandhan Retirement Fund sits in the 22nd percentile of its category on this metric, versus the 96th percentile for ICICI Prudential Retirement Fund - Hybrid Aggressive - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Bandhan Retirement Fund or ICICI Prudential Retirement Fund - Hybrid Aggressive?
Bandhan Retirement Fund's direct-plan expense ratio is 0.27 percentage points lower than ICICI Prudential Retirement Fund - Hybrid Aggressive's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, Bandhan Retirement Fund or ICICI Prudential Retirement Fund - Hybrid Aggressive?
By standard deviation (a measure of how much a fund's returns swing around its own average), ICICI Prudential Retirement Fund - Hybrid Aggressive has been more volatile than Bandhan Retirement Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.14 for Bandhan Retirement Fund vs 0.52 for ICICI Prudential Retirement Fund - Hybrid Aggressive) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, Bandhan Retirement Fund or ICICI Prudential Retirement Fund - Hybrid Aggressive?
ICICI Prudential Retirement Fund - Hybrid Aggressive has ₹1,224 Cr in assets under management, versus ₹174 Cr for Bandhan Retirement Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which has a higher yield to maturity (YTM), Bandhan Retirement Fund or ICICI Prudential Retirement Fund - Hybrid Aggressive?
ICICI Prudential Retirement Fund - Hybrid Aggressive's portfolio YTM (7.8919%) is higher than Bandhan Retirement Fund's. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which has longer duration (more interest-rate sensitivity), Bandhan Retirement Fund or ICICI Prudential Retirement Fund - Hybrid Aggressive?
Bandhan Retirement Fund has the longer Macaulay duration of the two, meaning its NAV is more sensitive to interest-rate changes - a longer-duration debt fund tends to gain more when rates fall and lose more when rates rise, compared to a shorter-duration fund. Duration is expressed in years but isn't literally about how long you hold the fund; it's a measure of price sensitivity to rate moves. If you expect rates to fall, the longer-duration fund benefits more; if you expect rates to rise or want to minimize that swing, the shorter-duration fund is the more conservative pick.
Which fund has a longer track record, Bandhan Retirement Fund or ICICI Prudential Retirement Fund - Hybrid Aggressive?
ICICI Prudential Retirement Fund - Hybrid Aggressive launched on 2019-02-07, making it older than Bandhan Retirement Fund (launched 2023-09-28). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.