Fundalysisby DARKHORSESTOCKS

Scheme

ICICI Prudential Life Cycle Fund 2041

Holds 13 companies worth ₹13.7 Cr in Sept 2026.

  • Fund house

    ICICIThe fund house that runs this scheme.

  • AUM

    ₹55.2 CrICICI Prudential Life Cycle Fund 2041's AUM at the end of 30 Sept 2026, as AMFI reports it.

  • Largest holding

    Mahindra and Mahindra LimitedMahindra and Mahindra Limited is 3.1% 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), Divya Jain (co-manager).

Overview(1 Oct 2026)

Fund managers4

  1. Rohit LakhotiaCo-manager · Sept 2026 · 14y · CFA MBA
  2. Manish BanthiaCo-manager · Sept 2026 · 22y · MBA B.Com
  3. Gaurav ChikaneCo-manager · Sept 2026 · 10y · MBA B.E.
  4. Divya JainCo-manager · Sept 2026 · 9y · B.Com

    Key facts

    Benchmark
    Nifty 200 TRI (65%) + Nifty Composite Debt Index (30%)+ Domestic Price of Gold (3%)+ Domestic Price of Silver (2%)
    Risk
    Very High
    Expense
    Regular 2.45% · Direct 1.05%
    Exit load
    2% within 1 year
    Started
    15 Sept 2026
    Minimum
    ICIC/O/L/LCY/26/06/0208

    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)

    1. Rohit Lakhotia
    2. Manish Banthia
    3. Gaurav Chikane
    4. Divya Jain
    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 filingRegularDirectΔ pt
    1 Oct 20262.45%1.05%–
    Direct plan, 1 Oct 2026
    1.05%
    Regular plan 2.45% · 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

    To generate capital appreciation for investors by investing in equity and equity related instruments and income by investing across other asset classes, i.e. Debt, money market instruments, 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 (65%) + Nifty Composite Debt Index (30%)+ Domestic Price of Gold (3%)+ Domestic Price of Silver (2%)

    Asset allocation it may hold% of NAV

    1. Years to Maturity - 10 to 15 years Year# - Till 2031 Investment in Equity and Equity related instruments
      Allowed65–80%
    2. Investment in Debt
      Allowed5–25%
    3. Investment in Gold & Silver ETFs/Gold & Silver ETCDs/InvITs
      Allowed0–10%
    4. Years to Maturity - 5 to 10 years* Year# - 2031 to 2036 Investment in Equity and Equity related instruments
      Allowed50–65%
    5. Investment in Debt
      Allowed5–25%
    6. Investment in Gold & Silver ETFs/Gold & Silver ETCDs/InvITs
      Allowed0–10%
    7. Years to Maturity - 3 – 5 years* Year# - 2036 to 2038 Investment in Equity and Equity related instruments
      Allowed35–50%
    8. Investment in Debt
      Allowed25–50%
    9. Investment in Gold & Silver ETFs/Gold & Silver ETCDs/InvITs
      Allowed0–10%
    10. Years to Maturity - 1 – 3 years* Year# - 2038 to 2040 Investment in Equity and Equity related instruments
      Allowed20–35%
    11. Investment in Debt
      Allowed25–65%
    12. ** Investment in Gold & Silver ETFs/Gold & Silver ETCDs/InvITs
      Allowed0–10%
    13. Years to Maturity <1 year* Year# - 2041 Investment in Equity and Equity related instruments
      Allowed5–20%
    14. Investment in Debt
      Allowed25–65%
    15. ** Investment in Gold & Silver ETFs/Gold & Silver ETCDs/InvITs
      Allowed0–10%
    16. * 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 2026.24.9% equity · 75.1% debt and cash

    How to invest(1 Oct 2026)

    Buying

    To start
    ICIC/O/L/LCY/26/06/0208, then in multiples of ₹1,000
    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
    SIP - 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 - 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. 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 - Re. 1/- STP - Re. 1/- SWP - Re. 1/-
    Instalments
    SIP - 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. 1,000 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 2041 - Growth ICICI Prudential Life Cycle Fund 2041 - 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 and 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 2041 - Growth =154579,ICICI Prudential Life Cycle Fund 2041 - Direct Plan - Growth = 154580