ICICI Prudential Life Cycle Fund 2031 Direct Growth NAV today
AMFI: 154564ISIN: INF109K1A609MUTF_IN: ICIC_PRUD_LIFE_2Q6JICICICI Prudential Mutual FundLife Cycle funds
NAV ₹9.3737down ₹0.06 (0.66%)
NAV for 23 Oct 2026, against 22 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹44 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 3.67%15 Oct 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 27.830 Sep 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 2030 Sep 2026
- Offer openedNew fund offer opened. The day the fund's new fund offer opened for investors to apply; units are allotted when it closes.
- 26 Aug 2026
ICICI Prudential Life Cycle Fund 2031 returns
Direct Growth plan
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|
| 1 week | −3.01% | – | – | – |
| 1 month | −6.80% | 4 of 4 | −5.24% | −6.2% to −4.4% |
| 3 months | Needs 3 months | – | – | – |
₹10,000 put in on 16 Sep 2026 is ₹9,370 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Rank, median and middle half among the Direct plans of Life Cycle funds, each fund's return to its latest NAV on or before 25 Oct 2026.
ICICI Prudential Life Cycle Fund 2031 expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 1.20 ptsA year, on 15 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 2.32%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 3.52%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan at its highest since Sep 2026 in the latest month.Direct plan lowest 0.95%, Sep 2026.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.81% | 1.83% |
| Brokerage | 0.39% | 0.39% |
| Transaction costs | 0.08% | 0.08% |
| Statutory levies | 2.39% | 2.57% |
Per cent of assets a year, filed for 15 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
3% of the applicable NAV - If units purchased or switched in from another scheme of the Fund are redeemed or switched out on or before 1 Year from the date of investment • 2% of the applicable NAV - If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 1 Year and before 2 Years from the date of investment • 1% of the applicable NAV - If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 2 year and before 3 Years from the date of investment • Nil – If units purchased or switch in from another scheme of the Fund are redeemed or switched out after 3 years from the date of investment.MoreLess
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹100
- Minimum top-up
- ₹100
- SIP
- Not accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Not accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
As listed for this plan on 24 Oct 2026.
ICICI Prudential Life Cycle Fund 2031 AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹7.69 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 10.9%Of the quarter's average
ICICI Prudential Life Cycle Fund 2031 portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|---|
| Government SecuritiesSOV, 6.94% coupon, repaid 11 May 2036 | Bonds and bills | 19.94% | 8.85 | 9,00,000 | 7.31% | Sep 2026or earlier | |
| Eicher MotorsAutomobiles | Shares | Large cap43rd | 8.05% | 3.58 | 5,000 | – | Sep 2026or earlier |
| Dr. Lal Path LabsHealthcare Services | Shares | Small cap309th | 6.71% | 2.98 | 15,000 | – | Sep 2026or earlier |
| GE Vernova T&D IndiaElectrical Equipment | Shares | Mid cap109th | 5.91% | 2.63 | 6,250 | – | Sep 2026or earlier |
| APL Apollo TubesIndustrial Products | Shares | Mid cap190th | 5.35% | 2.38 | 10,850 | – | Sep 2026or earlier |
| Godrej IndustriesDiversified | Shares | Mid cap250th | 4.89% | 2.17 | 20,904 | – | Sep 2026or earlier |
| Kalyani SteelsIndustrial Products | Shares | Small cap941st | 3.74% | 1.66 | 17,180 | – | Sep 2026or earlier |
| Sharda Motor IndustriesAuto Components | Shares | Small cap790th | 3.09% | 1.37 | 14,330 | – | Sep 2026or earlier |
| Bajaj AutoAutomobiles | Shares | Large cap31st | 3.06% | 1.36 | 1,250 | – | Sep 2026or earlier |
| Kirloskar Ferrous IndustriesFerrous Metals | Shares | Small cap668th | 2.88% | 1.28 | 27,173 | – | Sep 2026or earlier |
| Hyundai Motor IndiaAutomobiles | Shares | Large cap51st | 2.74% | 1.22 | 6,000 | – | Sep 2026or earlier |
| Galaxy SurfactantsChemicals & Petrochemicals | Shares | Small cap699th | 2.63% | 1.17 | 5,000 | – | Sep 2026or earlier |
| NOCILChemicals & Petrochemicals | Shares | Small cap1,038th | 2.58% | 1.14 | 66,891 | – | Sep 2026or earlier |
| Tata SteelFerrous Metals | Shares | Large cap36th | 2.40% | 1.06 | 57,750 | – | Sep 2026or earlier |
| Piramal PharmaPharmaceuticals & Biotechnology | Shares | Small cap331st | 2.33% | 1.03 | 50,000 | – | Sep 2026or earlier |
Weight is per cent of the fund's net assets; value in ₹ crore.
Futures and options on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | |||
|---|---|---|---|
| Ge Vernova T&D India Ltd. $$ | −5.97% | −2.65 | −6,250 |
| APL Apollo Tubes Ltd. $$ | −5.39% | −2.39 | −10,850 |
| Tata Steel Ltd. $$ | −2.42% | −1.07 | −57,750 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| TREPS | 11.33% | 5.03 |
| Cash Margin - Derivatives | 4.50% | 2.00 |
| Net Current Assets | 0.24% | 0.11 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 19.94%Government Securities
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 45.97%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 63.62%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out.
- 46.43%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 10.4Taken over 83.93% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares62.06%
- Bonds and bills19.94%
- Units of other funds1.93%
- Cash and receivables16.07%
- Futures and options, netFutures and options, net. The value of the shares or bonds the fund's contracts are written on, as a share of its net assets, a sold contract counted as a minus: a hedged fund's sold futures offset the shares it holds.−13.78%
- Futures and options, grossFutures and options, gross. The value the fund's contracts are written on, as a share of its net assets, counting each contract as a plus whichever way it faces.13.78%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap26.19%Category 43.72%
- Mid cap26.04%Category 33.48%
- Small cap47.78%Category 22.80%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Category is the average of 6 Life Cycle funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.9sectors
- Automobile And Auto Components16.95%Category 6.23%
- Healthcare10.44%Category 5.26%
- Chemicals5.20%Category 1.88%
- Diversified4.89%Category 0.87%
- Capital Goods3.64%Category 4.91%
- Metals & Mining2.85%Category 1.74%
- Financial Services1.69%Category 11.83%
- Oil Gas & Consumable Fuels1.62%Category 2.18%
- Services1.00%Category 1.17%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 6 Life Cycle funds. Category average. The sector's weight, less the futures sold on it, averaged over the 6 Life Cycle funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each.
- 7.31%Lines stating a yield: 63.77% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 6.36%Direct plan
- Macaulay durationMacaulay duration. The weighted average time, in years, until the fund's bonds pay back their interest and principal.
- 1.39years
- Modified durationModified duration. Roughly how much the bonds' value changes, in per cent, for each one point change in interest rates.
- 1.34years
- Average maturityAverage maturity. The weighted average time, in years, until the fund's bonds are repaid.
- 1.92years
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over.
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window.
- None
The bond book is the fund's bonds, bills and overnight lending.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared.Loans of over a year
- Sovereign19.94%
Other
- Overnight lending11.33%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off.- Up to 1 month11.33%
- 1 to 3 monthsNone
- 3 to 6 monthsNone
- 6 to 12 monthsNone
- 1 to 3 yearsNone
- 3 to 5 yearsNone
- 5 to 10 years19.94%
- Over 10 yearsNone
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
Risk ratios
NAV to 23 Oct 2026
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| Since Sep 2026 | −6.80% | 23 Sep 2026 | 23 Oct 2026 | Not yet |
Portfolio turnover
- Year to Sep 2026Portfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
- 36.0%
ICICI Prudential Life Cycle Fund 2031 fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Aatur Shah2, 3, 4, - Comanage | Sep 2026 | −3.39%over 30 days | – | – | – | – | 4 | ₹13,662 Cr |
| Manish Banthia | – | – | – | – | – | 31 | ₹4,36,954 Cr | |
| Rohit Lakhotia | – | – | – | – | – | 16 | ₹25,324 Cr | |
| Gaurav Chikane | – | – | – | – | – | 7 | ₹1,28,706 Cr |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| ICICI Prudential Small Cap FundAatur Shah | Apr 2025 | +8.78%a year | +8.60% | +0.18 pts | ₹9,791 Cr |
| ICICI Prudential Equity Minimum Variance FundAatur Shah | Feb 2026 | −6.31%over 253 days | −8.93% | +2.62 pts | ₹2,451 Cr |
| ICICI Prudential Children's FundAatur Shah | Aug 2025 | −1.15%a year | – | – | ₹1,376 Cr |
| ICICI Prudential Multi Asset Allocation FundManish Banthia | Jan 2024 | +11.40%a year | – | – | ₹84,108 Cr |
| ICICI Prudential Balanced Advantage FundManish Banthia | Jan 2013 | +12.32%a year | – | – | ₹71,913 Cr |
| ICICI Prudential Aggressive Hybrid FundManish Banthia | Sep 2013 | +17.07%a year | – | – | ₹50,706 Cr |
| ICICI Prudential Money Market FundManish Banthia | Jun 2023 | +7.32%a year | – | – | ₹31,010 Cr |
| ICICI Prudential Corporate Bond FundManish Banthia | Jan 2024 | +7.11%a year | – | – | ₹28,385 Cr |
| ICICI Prudential Dynamic Asset Allocation Active FOFManish Banthia | Jun 2017 | +11.61%a year | – | – | ₹27,321 Cr |
| ICICI Prudential Short Term FundManish Banthia | Nov 2009 | – | – | – | ₹18,890 Cr |
Up to ten funds a manager, largest first. Returns are the direct plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| Zerodha Life Cycle Fund 2036Zerodha Mutual Fund | 21.71% | 8 |
| ICICI Prudential Life Cycle Fund 2041ICICI Prudential Mutual Fund | 19.38% | 4 |
| ICICI Prudential Life Cycle Fund 2036ICICI Prudential Mutual Fund | 19.34% | 3 |
| Zerodha Life Cycle Fund 2041Zerodha Mutual Fund | 14.46% | 8 |
| Zerodha Life Cycle Fund 2031Zerodha Mutual Fund | 1.31% | 7 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Changes to the fund
Newest first.
2026
- 26 SepTermsSIP instalments: accepted to not accepted
- 21 SepTermsSIP instalments: not accepted to accepted
Fund details
Objective
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.However, there can be no assurance or guarantee that the investment obje
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- 50% Nifty 200 TRI + 45% Nifty Composite Debt Index + 3% Domestic Price of Gold + 2% Domestic Price of Silver
- New fund offer
- 26 Aug 2026 to 9 Sep 2026
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹100
Plans and codes
| Plan | AMFI code | ISIN | MUTF_IN | First NAV |
|---|---|---|---|---|
| Direct Growth | 154564 | INF109K1A609 | ICIC_PRUD_LIFE_2Q6JIC | 16 Sep 2026 |
| Regular Growth | 154563 | INF109K1A591 | ICIC_PRUD_LIFE_1TWF6HJ | 16 Sep 2026 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Complete Factsheet September 2026 (opens in a new tab)ICICI Prudential Mutual Fund, Sep 2026
Statement of additional information
- SAI ICICI Prudential Mutual Fund (opens in a new tab)ICICI Prudential Mutual Fund, Oct 2026
Annual report
- ICICI Prudential Aggressive Hybrid Active FOF (opens in a new tab)ICICI Prudential Mutual Fund, Mar 2026
- ICICI Prudential All Seasons Bond Fund (opens in a new tab)ICICI Prudential Mutual Fund, Mar 2026
- ICICI Prudential Banking and Financial Services Fund (opens in a new tab)ICICI Prudential Mutual Fund, Mar 2026
- ICICI Prudential Banking and PSU Debt Fund (opens in a new tab)ICICI Prudential Mutual Fund, Mar 2026
Riskometer disclosure
- Annual Disclosure of Scheme Riskometer FY 2025-26 (opens in a new tab)ICICI Prudential Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap September 2026 (opens in a new tab)ICICI Prudential Mutual Fund, Sep 2026