DSP Nifty 10 Yr Benchmark G-Sec ETF vs ICICI Prudential Life Cycle Fund 2031
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
DSP Nifty 10 Yr Benchmark G-Sec ETF is an ETF fund and ICICI Prudential Life Cycle Fund 2031 is a mutual fund. DSP Nifty 10 Yr Benchmark G-Sec ETF charges 0.16% a year and ICICI Prudential Life Cycle Fund 2031 3.67%. Their portfolios overlap 19.9%: they hold 1 of the same security.
DSP Nifty 10 Yr Benchmark G-Sec ETF
ETF
- Expense ratio
- 0.16%
- NAV
- ₹26.09
ICICI Prudential Life Cycle Fund 2031
- Expense ratio
- 3.67%
- NAV
- ₹9.37
Which is better, DSP Nifty 10 Yr Benchmark G-Sec ETF or ICICI Prudential Life Cycle Fund 2031? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- DSP Nifty 10 Yr Benchmark G-Sec ETF costs less: 0.16% a year against 3.67%.
- DSP Nifty 10 Yr Benchmark G-Sec ETF fell less in its worst fall since 16-09-2026: −2.5% against −6.9%.
- ICICI Prudential Life Cycle Fund 2031 is the larger fund: ₹44 Cr against ₹14 Cr.
- Their portfolios overlap 19.9%: 1 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | DSP Nifty 10 Yr Benchmark G-Sec ETF | ICICI Prudential Life Cycle Fund 2031 |
|---|---|---|
| Fund house | DSP Mutual Fund | ICICI Prudential Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹14 Cr (30-09-2026) | ₹44 Cr (30-09-2026) |
| NAV | ₹26.09 | ₹9.37 (Direct) |
| Expense ratio (Direct) | Not available | 3.67% |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Moderate | Not available |
| Benchmark | Nifty 10 yr Benchmark G-Sec Index | 50% Nifty 200 TRI + 45% Nifty Composite Debt Index + 3% Domestic Price of Gold + 2% Domestic Price of Silver |
| Launch date | 14-08-2026 | 15-09-2026 |
| Minimum investment | ₹5,000 | ₹100 |
| Lock in | None | Not available |
| Fund managers | Anil Ghelani, Diipesh Shah, Neha Rathi | Aatur Shah, Manish Banthia, Rohit Lakhotia, Gaurav Chikane |
| Exit load | Nil | • 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. |
DSP Nifty 10 Yr Benchmark G-Sec ETF vs ICICI Prudential Life Cycle Fund 2031: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| DSP Nifty 10 Yr Benchmark G-Sec ETF | −1.06% | -- | -- | -- | -- | -- | -- |
| ICICI Prudential Life Cycle Fund 2031 (Direct) | −5.03% | -- | -- | -- | -- | -- | -- |
DSP Nifty 10 Yr Benchmark G-Sec ETF vs ICICI Prudential Life Cycle Fund 2031: Rolling Returns
Every holding period of both funds
DSP Nifty 10 Yr Benchmark G-Sec ETF vs ICICI Prudential Life Cycle Fund 2031: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP Nifty 10 Yr Benchmark G-Sec ETF | ICICI Prudential Life Cycle Fund 2031 (Direct) |
|---|---|---|
| Return (CAGR) | −13.41% | −42.53% |
| Standard deviation | 3.18% | 9.39% |
| Sharpe ratio | -5.87 | -5.12 |
| Sortino ratio | -6.17 | -5.07 |
| Maximum drawdown | −3.4% (23-10-2026) | −6.9% (30-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 14-08-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
DSP Nifty 10 Yr Benchmark G-Sec ETF
ICICI Prudential Life Cycle Fund 2031
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP Nifty 10 Yr Benchmark G-Sec ETF | −2.5% | 22-09-2026 | 23-10-2026 | Not yet | -- | −2.0% |
| ICICI Prudential Life Cycle Fund 2031 | −6.9% | 23-09-2026 | 30-10-2026 | Not yet | -- | −6.9% |
From daily values since 16-09-2026, the first day every fund has.
DSP Nifty 10 Yr Benchmark G-Sec ETF vs ICICI Prudential Life Cycle Fund 2031: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Nifty 10 Yr Benchmark G-Sec ETF, September 2026; ICICI Prudential Life Cycle Fund 2031, September 2026
Holdings in common
- Overlap
- 19.9%
- Held by both
- 1
- Only in DSP Nifty 10 Yr Benchmark G-Sec ETF
- 0
- Only in ICICI Prudential Life Cycle Fund 2031
- 19
| Security | % of DSP Nifty 10 Yr Benchmark G-Sec ETF | % of ICICI Prudential Life Cycle Fund 2031 |
|---|---|---|
| 6.94% GOI 11052036 | 99.32% | 19.94% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 19.9% means 19.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in DSP Nifty 10 Yr Benchmark G-Sec ETF
Every holding of this fund is also held by the other.
Largest holdings only in ICICI Prudential Life Cycle Fund 2031
| Security | % of fund |
|---|---|
| Eicher Motors Ltd. | 8.05% |
| Dr Lal Pathlabs Ltd. | 6.71% |
| Ge Vernova T&D India Ltd. | 5.91% |
| APL Apollo Tubes Ltd. | 5.35% |
| Godrej Industries Ltd. | 4.89% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP Nifty 10 Yr Benchmark G-Sec ETF | ICICI Prudential Life Cycle Fund 2031 |
|---|---|---|
| Equity | 0.0% | 62.1% |
| Debt | 99.3% | 19.9% |
| Cash and others | 0.7% | 18.0% |
Market cap of stocks
| Market cap | DSP Nifty 10 Yr Benchmark G-Sec ETF | ICICI Prudential Life Cycle Fund 2031 |
|---|---|---|
| Large Cap | -- | 16.3% |
| Mid Cap | -- | 16.2% |
| Small Cap | -- | 29.6% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | DSP Nifty 10 Yr Benchmark G-Sec ETF | ICICI Prudential Life Cycle Fund 2031 |
|---|---|---|
| Automobiles | 0.0% | 13.9% |
| Industrial Products | 0.0% | 9.1% |
| Healthcare Services | 0.0% | 6.7% |
| Electrical Equipment | 0.0% | 5.9% |
| Ferrous Metals | 0.0% | 5.3% |
| Chemicals & Petrochemicals | 0.0% | 5.2% |
The six largest sectors of each fund's stocks, % of the fund.
DSP Nifty 10 Yr Benchmark G-Sec ETF vs ICICI Prudential Life Cycle Fund 2031: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Nifty 10 Yr Benchmark G-Sec ETF | ICICI Prudential Life Cycle Fund 2031 |
|---|---|---|
| Total expense ratio (Direct) | Not available | 3.67% |
| Base expense ratio (Direct) | 0.13% | 0.81% |
| Base expense ratio (Regular) | 0.00% | 1.83% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
DSP Nifty 10 Yr Benchmark G-Sec ETF vs ICICI Prudential Life Cycle Fund 2031: Frequently Asked Questions
What is the difference between DSP Nifty 10 Yr Benchmark G-Sec ETF and ICICI Prudential Life Cycle Fund 2031?
DSP Nifty 10 Yr Benchmark G-Sec ETF is an ETF fund, ICICI Prudential Life Cycle Fund 2031 is a mutual fund, run by DSP Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 19.9%. DSP Nifty 10 Yr Benchmark G-Sec ETF charges 0.16% a year and ICICI Prudential Life Cycle Fund 2031 3.67%.
Which has the lower expense ratio, DSP Nifty 10 Yr Benchmark G-Sec ETF or ICICI Prudential Life Cycle Fund 2031?
DSP Nifty 10 Yr Benchmark G-Sec ETF charges less: 0.16% a year against 3.67%. These are the total expense ratios reported to AMFI.
How much do DSP Nifty 10 Yr Benchmark G-Sec ETF and ICICI Prudential Life Cycle Fund 2031 overlap?
19.9%. They hold 1 of the same securities, the largest shared ones being 6.94% GOI 11052036. From each fund's latest monthly portfolio.
Can I invest in both DSP Nifty 10 Yr Benchmark G-Sec ETF and ICICI Prudential Life Cycle Fund 2031?
Yes. 19.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages DSP Nifty 10 Yr Benchmark G-Sec ETF and ICICI Prudential Life Cycle Fund 2031?
DSP Nifty 10 Yr Benchmark G-Sec ETF: Anil Ghelani, Diipesh Shah, Neha Rathi. ICICI Prudential Life Cycle Fund 2031: Aatur Shah, Manish Banthia, Rohit Lakhotia, Gaurav Chikane.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.