# ICICI Prudential Life Cycle Fund 2031

ICICI Prudential Asset Management Company Limited · Life Cycle · Regular plan, Growth

Full page with charts: https://discovermf.com/funds/icici-prudential-life-cycle-fund-2031-154563
Figures as of 3 Nov 2026, from DiscoverMF. Information, not investment advice. Past returns do not indicate future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

## In short

- **What it invests in:** Moves from shares to bonds as a target year nears.
- **How bumpy:** Very high: big ups and downs, sometimes sharp falls. Its biggest fall in the last 3 years was 6.9%.
- **Expense ratio:** 1.83% a year. Similar funds: 2.74% on average.
- **Fees and minimums:** A SIP from ₹100 a month. A fee may apply if you sell soon after buying; the full terms are under Cost.

Past returns do not tell you future returns.

## Key facts

- **NAV:** ₹9.48 on 3 Nov 2026
- **Fund size:** ₹42.9 cr (2 Nov 2026)
- **Expense ratio:** 1.83% a year (typical in its category 2.74%)
- **Riskometer:** Very High
- **Benchmark:** 50% Nifty 200 TRI + 45% Nifty Composite Debt Index + 3% Domestic Price of Gold + 2% Domestic Price of Silver
- **Category:** [Life Cycle](https://discovermf.com/categories/life-cycle.md)
- **Fund house:** [ICICI Prudential Asset Management Company Limited](https://discovermf.com/fund-houses/icici-prudential)
- **Launched:** 15 Sept 2026
- **Exit load:** • 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.
- **Minimum investment:** ₹26 to start, ₹100 a month by SIP
- **AMFI scheme code:** 154563

## Returns

| Period | Fund | Category average | Benchmark | Rank in category |
| --- | --- | --- | --- | --- |
| 1 month | -2.8% | — | — | — |
| 3 months | — | — | — | — |
| 6 months | — | — | — | — |
| 1 year | — | — | — | — |
| 3 years (a year) | — | — | — | — |
| 5 years (a year) | — | — | — | — |
| Since launch (a year) | — | — | — | — |

## Risk

| Measure | Fund | Category average |
| --- | --- | --- |
| Volatility, last year | 9.3% | 9.3% |
| Worst fall, last year | -6.9% | — |
| Worst fall, last 3 years | -6.9% | — |
| Sharpe ratio, 3 years | — | — |
| Sortino ratio, 3 years | — | — |
| Beta, 3 years | — | — |
| Alpha, 3 years | — | — |

## Managers

- [Aatur Shah](https://discovermf.com/fund-managers/aatur-shah), since 15 Sept 2026
- [Manish Banthia](https://discovermf.com/fund-managers/manish-banthia)
- [Rohit Lakhotia](https://discovermf.com/fund-managers/rohit-lakhotia)
- [Gaurav Chikane](https://discovermf.com/fund-managers/gaurav-chikane)

## 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.