ICICI Prudential Life Cycle Fund 2031 Direct-Growth
Hybrid: Life Cycle - Growth (Open ended)
NAV: ₹9.7+0.19%
09 Oct 2026
1 Week returns: -0.62 %
Category rank: 6/6
1 Month returns: -
Category rank: -
1 Year CAGR: -
Category rank: -
3 Years CAGR: -
Category rank: -
5 Years CAGR: -
Category rank: -
Key Talking Points
Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.
Positive
Not enough talking points with positive stance
Negative
Relatively high expense ratio
Expense ratio of the scheme (3.67%) is higher than average expense ratio of the category (2.81%), 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?
Neutral
Not enough performance data
Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis
Scheme Overview
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.
Plan Variants
No variants available.
Fund Managers
Key Scheme Details
Inception
20 Sep 2026
Expense Ratio
3.67%
AUM
₹44.4 Cr
Lock in
No lock in
Taxation
Others
Min. Investment
₹100
Min. Addl Investment
-
Min. SIP Investment
₹100
Exit load
Exit load of 3% if redeemed within 1 year, 2% if redeemed after 1 year but within 2 years and 1% if redeemed after 2 years but within 3 years.
AMC Overview
ICICI Prudential Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.
AMC Details
AMC
ICICI Prudential Mutual Fund
CEO
Nimesh Shah(Chief Executive Officer)
CIO
Sankaran Naren(Chief Investment Officer), Manish Banthia(Chief Investment Officer-Debt)
IRO
Rajen Kotak
Trustee
ICICI Prudential Trust Ltd
Website
Address
One BKC , A Wing ,, 13th Floor, Bandra Kurla Complex,, Mumbai
Frequently Asked Questions
What is the current NAV of ICICI Prudential Life Cycle Fund 2031 Direct-Growth?
The current NAV of ICICI Prudential Life Cycle Fund 2031 Direct-Growth is ₹9.70 as of 9 Oct 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.
What is the AUM of ICICI Prudential Life Cycle Fund 2031 Direct-Growth?
The AUM (Assets Under Management) of ICICI Prudential Life Cycle Fund 2031 Direct-Growth is ₹44.4 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.
What is the expense ratio of ICICI Prudential Life Cycle Fund 2031 Direct-Growth?
The expense ratio of ICICI Prudential Life Cycle Fund 2031 Direct-Growth is 3.67% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.
Who is the fund manager of ICICI Prudential Life Cycle Fund 2031 Direct-Growth?
ICICI Prudential Life Cycle Fund 2031 Direct-Growth is managed by Manish Banthia, Gaurav Chikane, Rohit Lakhotia, Aatur Shah. You can check the full list of fund managers in the "Fund Manager" section above.
What is the benchmark of ICICI Prudential Life Cycle Fund 2031 Direct-Growth?
The benchmark of ICICI Prudential Life Cycle Fund 2031 Direct-Growth is -. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.
When was ICICI Prudential Life Cycle Fund 2031 Direct-Growth launched?
ICICI Prudential Life Cycle Fund 2031 Direct-Growth was launched on 20 Sep 2026. The fund has been in existence for 0 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.
What is the minimum investment in ICICI Prudential Life Cycle Fund 2031 Direct-Growth?
The minimum investment in ICICI Prudential Life Cycle Fund 2031 Direct-Growth is ₹100 for a lump sum and ₹100 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.
What is the exit load on ICICI Prudential Life Cycle Fund 2031 Direct-Growth?
ICICI Prudential Life Cycle Fund 2031 Direct-Growth has an exit load — Exit load of 3% if redeemed within 1 year, 2% if redeemed after 1 year but within 2 years and 1% if redeemed after 2 years but within 3 years.. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.
What category does ICICI Prudential Life Cycle Fund 2031 Direct-Growth belong to?
ICICI Prudential Life Cycle Fund 2031 Direct-Growth belongs to the Hybrid: Life Cycle category. You can view other funds in this category.