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ICICI Pru Life Cycle Fund 2041 NFO

Growth

HybridMulti Asset Allocation Fund
Very High RiskPrincipal investment will be at very high risk

ICICI Pru Life Cycle Fund 2041 Key Offer Details

Opening date
26 Aug 2026
Closing date
09 Sept 2026
Scheme type
Open-Ended
NAV
₹10
Min. invst.
₹100
Min. SIP
₹100

About ICICI Pru Life Cycle Fund 2041

Multi asset allocation funds invest in multi assets comprising of debt, equity and gold. The fund have minimum of 10% allocation in each asset class.

ICICI Pru Life Cycle Fund 2041 Scheme Info

Plan
Direct
Lock in
None
Exit Load
3%
3% within 1Y, 2% within 2Y, 1% within 3Y, NIL after 3Y
Base Exp. Ratio
0%
Benchmark
NIFTY 200 - TRI

ICICI Pru Life Cycle Fund 2041 Scheme 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.

AMC Profile of ICICI Pru Life Cycle Fund 2041

ICICI Prudential Asset Management Company Ltd. is the leading AMC in the leading AMC in the country. The AMC is joint venture between ICICI Bank and Prudential Plc, one of the UK's largest players in the financial services sectors.

Total AUM
₹ 10,37,849.04 Cr
No. of schemes
113

ICICI Pru Life Cycle Fund 2041 Manager Profile

ICICI Pru Life Cycle Fund 2041 Peers

ICICI Pru Life Cycle Fund 2041 Peers & Comparison

Comparing 4 mutual funds from 
HybridMulti Asset Allocation Fund
Loading...
Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
ICICI Pru Multi Asset Allocation Fund(IDCW Payout)-7.31%8.57%8.92%
SBI Multi Asset Allocation Fund(M-IDCW Payout)1.89%13.41%8.75%
Nippon India Multi Asset Allocation Fund(IDCW)-3.54%14.99%15.31%
Kotak Multi Asset Allocation Fund2.46%15.33%14.78%

Frequently asked questions

  1. ICICI Pru Life Cycle Fund 2041 is an open-ended Multi Asset Allocation Fund scheme launched by ICICI Prudential Asset Management Company Limited, investing primarily in Hybrid. It is benchmarked against NIFTY 200 - TRI and offered in Direct and Regular plans with Growth and IDCW options.

  2. The NFO of ICICI Pru Life Cycle Fund 2041 opens for subscription on 25 Aug 2026.

  3. The NFO of ICICI Pru Life Cycle Fund 2041 closes for subscription on 09 Sep 2026. Applications must be submitted before this date for allotment at the NFO offer price.

  4. The minimum lumpsum investment in ICICI Pru Life Cycle Fund 2041 is ₹100.

  5. The minimum SIP amount for ICICI Pru Life Cycle Fund 2041 is ₹100 per SIP installment.

  1. ICICI Pru Life Cycle Fund 2041 is managed by Divya Jain, Manish Banthia, Rohit Lakhotia, Gaurav Chikane, who has 9 years of fund management experience and also manages 44 other schemes at ICICI Prudential Asset Management Company Limited.

  2. ICICI Pru Life Cycle Fund 2041 is a new scheme with no performance track record yet, so it should be evaluated on Divya Jain, Manish Banthia, Rohit Lakhotia, Gaurav Chikane's experience, ICICI Prudential Asset Management Company Limited's record on similar schemes, the fund's Hybrid strategy, and fit with an investor's existing portfolio — not past returns.

  3. ICICI Pru Life Cycle Fund 2041 is categorized as a Multi Asset Allocation Fund scheme under SEBI's mutual fund classification — investing at least 35% each in large-cap and mid-cap stocks (for Large & Mid Cap funds).

  4. ICICI Pru Life Cycle Fund 2041 has no lock-in period and an exit load of 3% if redeemed within 1 year of investment.