ICICI Prudential Life Cycle Fund 2041 Direct Growth NAV today
AMFI: 154580ISIN: INF109K1A625MUTF_IN: ICIC_PRUD_LIFE_17XRM8RICICI Prudential Mutual FundLife Cycle funds
NAV ₹9.5448up ₹0.09 (0.97%)
NAV for 27 Oct 2026, against 26 Oct 2026. Declared once a day.
Other plans: Regular Growth ₹9.5294, 0.97%
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month. Assets under management in the glossary
- ₹55 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. Total expense ratio: how it is worked out
- 1.99%22 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 pull the fund's P/E down. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted. P/E in the glossary
- 31.230 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. Holdings in the glossary
- 1530 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. New fund offer opened in the glossary
- 26 Aug 2026
ICICI Prudential Life Cycle Fund 2041 returns
Direct Growth plan
Over each window to 27 Oct 2026
| Over | Direct GrowthTrailing 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). Trailing return: how it is worked out | Regular Growth | 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. Rank in category in the glossary | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. Category median in the glossary | 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. Middle half of the category in the glossary |
|---|---|---|---|---|---|
| 1 week | −3.09% | −3.12% | – | – | – |
| 1 month | −4.55% | −4.67% | 3 of 4 | −4.00% | −4.7% to −3.3% |
| 3 months | Needs 3 months | – | – | – | – |
₹10,000 put in on 16 Sep 2026 is ₹9,535 at the NAV of 27 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. Growth of ₹10,000 in the glossaryOver 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 28 Oct 2026.
ICICI Prudential Life Cycle Fund 2041 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. Direct and regular plan cost gap in the glossary
- 1.40 ptsA year, on 22 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. Expense ratio, 30-day average in the glossary
- 1.74%Over the last 30 days filed
- Regular, 30-day average
- 3.14%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 1.05%, 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. Base expense ratio in the glossary | 0.89% | 2.08% |
| Brokerage | 0.14% | 0.14% |
| Transaction costs | 0.04% | 0.04% |
| Statutory levies | 0.92% | 1.13% |
Per cent of assets a year, filed for 22 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. Minimum investment in the glossary
- ₹100
- Minimum top-up
- ₹100
- SIP
- Accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold. Lock-in in the glossary
- None
As listed for this plan on 29 Oct 2026.
How ICICI Prudential Life Cycle Fund 2041 is taxed
Tax depends on the fund's own mix. With 65% or more in shares of listed Indian companies, gains on units held over 12 months are taxed at 12.5% above ₹1.25 lakh a year, and gains on units held 12 months or less at 20%; with more than 65% in debt and money market instruments, gains on units bought on or after 1 Apr 2023 are taxed at the income tax slab rate however long they are held, and on units bought earlier at 12.5% after 24 months; otherwise, gains on units held over 24 months are taxed at 12.5%, and gains on units held 24 months or less at the income tax slab rate.
Rules in force from 1 Apr 2025, checked 27 Oct 2026. Surcharge and cess are not included.
ICICI Prudential Life Cycle Fund 2041 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.
- ₹9.43 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. Share of assets in the direct plans in the glossary
- 7.6%Of the quarter's average
ICICI Prudential Life Cycle Fund 2041 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. Large, mid and small cap in the glossary | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. Weight in the fund in the glossary | 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. Yield to maturity in the glossary | 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. Held since in the glossary | ||||
|---|---|---|---|---|---|---|---|
| Government SecuritiesSOV, 6.94% coupon, repaid 11 May 2036 | Bonds and bills | 13.38% | 7.38 | 7,50,000 | 7.31% | Sep 2026or earlier | |
| Mahindra & MahindraAutomobiles | Shares | Large cap14th | 3.08% | 1.70 | 5,750 | – | Sep 2026or earlier |
| InterGlobe AviationTransport Services | Shares | Large cap48th | 2.53% | 1.40 | 2,800 | – | Sep 2026or earlier |
| 360 ONE WAMCapital Markets | Shares | Mid cap211th | 2.19% | 1.21 | 11,750 | – | Sep 2026or earlier |
| Galaxy SurfactantsChemicals & Petrochemicals | Shares | Small cap699th | 2.16% | 1.19 | 5,095 | – | Sep 2026or earlier |
| Cummins IndiaIndustrial Products | Shares | Large cap72nd | 1.99% | 1.09 | 2,300 | – | Sep 2026or earlier |
| EthosConsumer Durables | Shares | Small cap700th | 1.98% | 1.09 | 4,300 | – | Sep 2026or earlier |
| Sharda Motor IndustriesAuto Components | Shares | Small cap790th | 1.96% | 1.08 | 11,274 | – | Sep 2026or earlier |
| Premier EnergiesElectrical Equipment | Shares | Mid cap222nd | 1.93% | 1.07 | 12,250 | – | Sep 2026or earlier |
| Jupiter Life Line HospitalsHealthcare Services | Shares | Small cap604th | 1.93% | 1.07 | 42,000 | – | Sep 2026or earlier |
| ICICI Prudential Gold ETFMutual Fund | Fund units | 1.90% | 1.05 | 83,021 | – | Sep 2026or earlier | |
| Omnitech EngineeringIndustrial Manufacturing | Shares | Small cap804th | 1.53% | 0.85 | 15,000 | – | Sep 2026or earlier |
| Angel OneCapital Markets | Shares | Small cap299th | 1.47% | 0.81 | 29,495 | – | Sep 2026or earlier |
| Blue StarConsumer Durables | Shares | Mid cap237th | 1.38% | 0.76 | 5,000 | – | Sep 2026or earlier |
| Gulf Oil Lubricants IndiaPetroleum Products | Shares | Small cap780th | 0.74% | 0.41 | 3,621 | – | Sep 2026or earlier |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| TREPS | 63.06% | 34.78 |
| Net Current Assets | −3.18% | −1.75 |
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. Largest holding in the glossary
- 13.38%Government Securities
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions. Top 5 holdings in the glossary
- 23.33%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions. Top 10 holdings in the glossary
- 33.11%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out. Top 10 shares in the glossary
- 21.27%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights. Effective number of holdings in the glossary
- 6.9Taken over 40.13% 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. Asset allocation in the glossary- Indian shares24.85%
- Bonds and bills13.38%
- Units of other funds1.90%
- Cash and receivables59.87%
Per cent of the fund's net assets.
Large, mid and small cap
- Large cap30.54%Category 43.72%
- Mid cap22.14%Category 33.48%
- Small cap47.31%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. Sector weight in the glossary8sectors
- Capital Goods5.45%Category 4.91%
- Automobile And Auto Components5.03%Category 6.23%
- Financial Services3.66%Category 11.83%
- Consumer Durables3.35%Category 1.63%
- Services2.53%Category 1.17%
- Chemicals2.16%Category 1.88%
- Healthcare1.93%Category 5.26%
- Oil Gas & Consumable Fuels0.74%Category 2.18%
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 maturity
- 7.31%Lines stating a yield: 17.50% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio. Yield after expenses in the glossary
- 6.26%Direct plan
- Macaulay durationMacaulay duration. The weighted average time, in years, until the fund's bonds pay back their interest and principal. Macaulay duration in the glossary
- 340days
- Modified durationModified duration. Roughly how much the bonds' value changes, in per cent, for each one point change in interest rates. Modified duration in the glossary
- 328days
- Average maturityAverage maturity. The weighted average time, in years, until the fund's bonds are repaid. Average maturity in the glossary
- 1.29years
- 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. Maturity date known in the glossary
- 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. Perpetual bonds in the glossary
- 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. Credit rating in the glossaryLoans of over a year
- Sovereign13.38%
Other
- Overnight lending63.06%
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. Maturity profile in the glossary- Up to 1 month63.06%
- 1 to 3 monthsNone
- 3 to 6 monthsNone
- 6 to 12 monthsNone
- 1 to 3 yearsNone
- 3 to 5 yearsNone
- 5 to 10 years13.38%
- 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 27 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. Largest fall in the glossary | 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. Back at the high in the glossary |
|---|---|---|---|---|
| Since Sep 2026 | −6.25% | 6 Oct 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. Portfolio turnover in the glossary
- 12.0%
ICICI Prudential Life Cycle Fund 2041 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. Return in the manager's time in the glossary | 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. Benchmark over the same days in the glossary | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. Difference from the benchmark in the glossary | 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 after the handover in the glossary | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. Portfolio changed before the handover in the glossary | 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. Assets the manager runs in the glossary | ||
|---|---|---|---|---|---|---|---|---|
| Divya JainComanage | Sep 2026 | −5.57%over 40 days | – | – | – | – | 3 | ₹51,413 Cr |
| Manish BanthiaComanage | – | – | – | – | – | 30 | ₹4,21,717 Cr | |
| Rohit LakhotiaComanage | – | – | – | – | – | 16 | ₹25,324 Cr | |
| Gaurav ChikaneComanage | – | – | – | – | – | 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 | |||||
|---|---|---|---|---|---|
| ICICI Prudential India Opportunities FundDivya Jain | Aug 2025 | −0.98%a year | −2.96% | +1.98 pts | ₹36,469 Cr |
| ICICI Prudential Multi Asset Allocation FundManish Banthia | Jan 2024 | +10.11%a year | – | – | ₹84,108 Cr |
| ICICI Prudential Balanced Advantage FundManish Banthia | Jan 2013 | +12.12%a year | – | – | ₹71,913 Cr |
| ICICI Prudential Aggressive Hybrid FundManish Banthia | Sep 2013 | +16.83%a year | – | – | ₹50,706 Cr |
| ICICI Prudential Money Market FundManish Banthia | Jun 2023 | +7.27%a year | – | – | ₹31,010 Cr |
| ICICI Prudential Corporate Bond FundManish Banthia | Jan 2024 | +6.91%a year | – | – | ₹28,385 Cr |
| ICICI Prudential Dynamic Asset Allocation Active FOFManish Banthia | Jun 2017 | +11.27%a year | – | – | ₹27,321 Cr |
| ICICI Prudential Short Term FundManish Banthia | Nov 2009 | – | – | – | ₹18,890 Cr |
| ICICI Prudential Multi Asset Allocation FundGaurav Chikane | Aug 2021 | +15.37%a year | – | – | ₹84,108 Cr |
| ICICI Prudential Gold ETFGaurav Chikane | Feb 2022 | – | – | – | ₹27,615 Cr |
The ten largest by assets, by manager. 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. Portfolio overlap in the glossary | Shared holdings. The number of securities both funds hold, cash and futures left out. Shared holdings in the glossary | |
|---|---|---|
| ICICI Prudential Life Cycle Fund 2031ICICI Prudential Mutual Fund | 19.38% | 4 |
| ICICI Prudential Life Cycle Fund 2036ICICI Prudential Mutual Fund | 19.38% | 4 |
| Zerodha Life Cycle Fund 2036Zerodha Mutual Fund | 14.93% | 7 |
| Zerodha Life Cycle Fund 2041Zerodha Mutual Fund | 14.22% | 7 |
| Zerodha Life Cycle Fund 2031Zerodha Mutual Fund | 1.16% | 6 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Changes to the fund
Newest first.
2026
- 21 SepTermsSIP instalments: not accepted to accepted
Fund details
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.
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. Benchmark in the glossary
- 65% Nifty 200 TRI + 30% 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 | 154580 | INF109K1A625 | ICIC_PRUD_LIFE_17XRM8R | 16 Sep 2026 |
| Regular Growth | 154579 | INF109K1A617 | ICIC_PRUD_LIFE_Q42JZU | 16 Sep 2026 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- Complete Factsheet September 2026ICICI Prudential Mutual Fund, Sep 2026
Statement of additional information
- SAI ICICI Prudential Mutual FundICICI Prudential Mutual Fund, Oct 2026
Annual report
- ICICI Prudential Aggressive Hybrid Active FOFICICI Prudential Mutual Fund, Mar 2026
- ICICI Prudential All Seasons Bond FundICICI Prudential Mutual Fund, Mar 2026
- ICICI Prudential Banking and Financial Services FundICICI Prudential Mutual Fund, Mar 2026
- ICICI Prudential Banking and PSU Debt FundICICI Prudential Mutual Fund, Mar 2026
Riskometer disclosure
- Annual Disclosure of Scheme Riskometer FY 2025-26ICICI Prudential Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap September 2026ICICI Prudential Mutual Fund, Sep 2026