Scheme

ICICI Prudential Life Cycle Fund 2031

Holds 18 companies worth ₹27.6 Cr in Sept 2026.

Fund house
ICICIThe fund house that runs this scheme.
AUM
₹44.4 CrICICI Prudential Life Cycle Fund 2031's AUM at the end of 30 Sept 2026, as AMFI reports it.
Largest holding
Eicher MotorsEicher Motors is 8.1% of this scheme's NAV.
Fund manager
Rohit LakhotiaRuns its co-manager part since 15 Sept 2026, as the fund house dates it. With Manish Banthia (co-manager), Gaurav Chikane (co-manager), Aatur Shah (co-manager).

Overview^{(1 Oct 2026)}

Fund managers4

Rohit LakhotiaCo-manager · Sept 2026 · 14y · CFA MBA
Manish BanthiaCo-manager · Sept 2026 · 22y · MBA B.Com
Gaurav ChikaneCo-manager · Sept 2026 · 10y · MBA B.E.
Aatur ShahCo-manager · Sept 2026 · 10y · CFA B.Com

Key facts

Benchmark: Nifty 200 TRI (50%) + Nifty Composite Debt Index (45%) + Domestic Price of Gold (3%) + Domestic Price of Silver (2%)
Risk: Very High
Expense: Regular 2.15% · Direct 0.95%
Exit load: 2% within 1 year
Started: 15 Sept 2026
Minimum: ICIC/O/L/LCY/26/06/0206

Source.Its Scheme Summary Document as of 1 Oct 2026 at AMFI.

What changed^{(0 changes)}

Nothing has changed in its documents since Sept 2026.

Source.Its filings at NSE, since Sept 2026.

Fund managers over time^{(Sept 2026 – now)}

MainCoSlice

Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs^{(Oct 2026 – Oct 2026)}

Every change to the expense ratio, newest first.
1 filing	Regular	Direct	Δ pt
1 Oct 2026	2.15%	0.95%	–

Direct plan, 1 Oct 2026

0.95%

Regular plan 2.15% · Exit load 2% within 1 year

Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE (none yet: today's, at AMFI). A change holds until the next.

Objective and risk^{(1 Oct 2026)}

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 objective of the Scheme would be achieved.

Risk, type and benchmark

Riskometer: Very High
At launch: Very High
Type: Open Ended
Benchmark: Nifty 200 TRI (50%) + Nifty Composite Debt Index (45%) + Domestic Price of Gold (3%) + Domestic Price of Silver (2%)

Asset allocation it may hold% of NAV

Years to Maturity – 3-5 years Year#- 2026 to 2029 Investment in Equity and Equity related instruments
Allowed35–50%
Investment in Debt and Money Market Instruments
Allowed25–50%
Investment in Gold & Silver ETFs/Gold & Silver ETCDs @/InvITs
Allowed0–10%
Years to Maturity - 1 – 3 years, Year#- 2028 to 2030 Investment in Equity and Equity related instruments
Allowed20–35%
Investment in Debt and Money Market Instruments
Allowed25–65%
Investment in Gold & Silver ETFs/Gold & Silver ETCDs @/InvITs
Allowed0–10%
Years to Maturity - <1 year, Year#- 2031, Investment in Equity and Equity related instruments
Allowed5–20%
Investment in Debt and Money Market Instruments
Allowed25–65%
** Investment in Gold & Silver ETFs/Gold & Silver ETCDs @/InvITs
Allowed0–10%
#Based on Allotment date *The Scheme may take Equity Arbitrage exposure up to 50% in addition to the investment range specified for equity while ensuring that total investment in equity and equity related instruments remains within
Allowed65–75%

Holds in Sept 2026.62.1% equity · 37.9% debt and cash

How to invest^{(1 Oct 2026)}

Buying

To start: ICIC/O/L/LCY/26/06/0206, then in multiples of ₹100
To add: Re. 1/-, then in multiples of ₹100
Systematic: SIP - Daily, Weekly, Fortnightly, Monthly SIP and Quarterly SIP, STP - Daily,Weekly,Fortnightly, Monthly,Quarterly, SWP - Monthly,Quarterly, Half Yearly,Annual
Dates: Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day**In case the date chosen for SIP falls on a Non-Business Day or on a date which is not available in a particular month, the SIP will beprocessed on the immediate next Business Day, STP - Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for STP falls on a non-business day or on a day which is not available in a particular month, the STP will be processed on the immediate next business day. SWP - Monthly = Any day* Quarterly= Any day* Half Yearly = Any day* Annual = Any day* *In case none of the frequencies has been selected then Monthly frequency shall be considered as the Default frequency and where no withdrawal date is selected, 1st business day of the month shall be considered as the default SWP date.
Minimum: SIP - Daily, Weekly, Fortnightly and Monthly SIP - Rs. 100/- Quarterly SIP - Rs. 5,000/- , STP - Monthly, Weekly, Fortnightly, Quarterly = Rs. 1,000 Daily = Rs. 250, SWP - Any amount, then sIP, STP SWP - Re. 1/-
Instalments: SIP - Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4, STP - Daily,Weekly,Fortnightly, Monthly = 6 Quarterly = 4, SWP - Monthly,Quarterly, Half Yearly,Annual = 2

Selling and switching

To redeem: Re. 1/- or Any amount units
Switch minimum: Rs. 100 and any amount thereafter. units

Scheme details^{(1 Oct 2026)}

What it is

Category: Life Cycle Funds
Offer: 26 Aug 2026 to 9 Sept 2026
Started: 15 Sept 2026
Reopened: 21 Sept 2026
Plans: ICICI Prudential Life Cycle Fund 2031 - Growth · ICICI Prudential Life Cycle Fund 2031 - Direct Plan - Growth
Face value: ₹10
Listed: No

How it is run

Swing pricing: No
Side-pocketing: No
Custodian: Citibank N.A., HDFC Bank Limited, HSBC, SBI-SG Global Securities Services Private Limited and Orbis Financial Corporation Limited
Auditor: BSR & Co. LLP
Registrar: Computer Age Management Services Limited
SEBI code: ICICI Prudential Life Cycle Fund 2031 - Growth = 154563, ICICI Prudential Life Cycle Fund 2031 - Direct Plan - Growth = 154564