ICICI Prudential Life Cycle Fund 2031 Direct-Growth
Hybrid: Life Cycle - Growth (Open ended)
NAV: ₹9.44-0.58%
22 Oct 2026
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Expense ratio of the scheme (3.67%) is higher than average expense ratio of the category (2.39%), excluding index funds and ETFs
This measures the relative expense of the scheme with respect to average expense ratio of the category. Investors should always prefer schemes with lower expense, everything else remaining the same
What is Expense ratio?
Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis
The schemes seeks to generate an open-ended life cycle fund with maturity of 5 years following glide path approach for goal-based investing. The Scheme shall invest across asset class. The Scheme shall invest in equity and equity related instruments and Debt, money market instruments to generate capital appreciation and regular income. The Scheme may invest certain portion in units of InvITs, Gold & Silver ETF and Exchange Traded Commodity Derivatives.