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Product Review: ICICI Pru Pinnacle II



Net Yield 7.71%
This is a type I insurance product that guarantees the highest net asset value recorded in the first seven years. The main differential factor of Pinnacle over others is the minimum return of Rs 20 per unit guaranteed under the plan, assuring a minimum of 7% compound annualised return yearly. However, the guaranteed highest NAV is provided only at maturity and not on surrender or on the death of the investor. The Pinnacle fund has given a return of 14 % in the past year, which is not comparable to pure equity funds, but is better than its peer in the category.

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