ICICI Prudential Life Cycle Fund 2031 vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Life Cycle Fund 2031 is a mutual fund and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund is an Index fund. ICICI Prudential Life Cycle Fund 2031 charges 3.67% a year and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund 0.79% (Direct plans). Their portfolios overlap 21.8%: they hold 8 of the same securities.
ICICI Prudential Life Cycle Fund 2031
- Expense ratio
- 3.67%
- NAV
- ₹9.37
Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund
Index
- Expense ratio
- 0.79%
- NAV
- ₹9.68
Which is better, ICICI Prudential Life Cycle Fund 2031 or Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index costs less: 0.79% a year against 3.67% (Direct plans).
- Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index fell less in its worst fall since 16-09-2026: −5.9% against −6.9%.
- Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index holds more in large companies: 35.8% of the fund in large caps against 16.3%.
- ICICI Prudential Life Cycle Fund 2031 is the larger fund: ₹44 Cr against ₹14 Cr.
- Their portfolios overlap 21.8%: 8 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 | ICICI Prudential Life Cycle Fund 2031 | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Zerodha Mutual Fund |
| Category | Not available | Index |
| AUM | ₹44 Cr (30-09-2026) | ₹14 Cr (30-09-2026) |
| NAV | ₹9.37 (Direct) | ₹9.68 (Direct) |
| Expense ratio (Direct) | 3.67% | 0.79% |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Not available | Very High |
| Benchmark | 50% Nifty 200 TRI + 45% Nifty Composite Debt Index + 3% Domestic Price of Gold + 2% Domestic Price of Silver | Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 TRI |
| Launch date | 15-09-2026 | 20-04-2026 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | Not available | None |
| Fund managers | Aatur Shah, Manish Banthia, Rohit Lakhotia, Gaurav Chikane | Kedarnath Mirajkar |
| 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. | Nil |
ICICI Prudential Life Cycle Fund 2031 vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index: 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 |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Life Cycle Fund 2031 (Direct) | −5.03% | -- | -- | -- | -- | -- | -- |
| Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund (Direct) | −1.25% | −5.60% | −2.41% | -- | -- | -- | -- |
ICICI Prudential Life Cycle Fund 2031 vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index: Rolling Returns
Every holding period of both funds
ICICI Prudential Life Cycle Fund 2031 vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Life Cycle Fund 2031 (Direct) | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −42.53% | −6.50% |
| Standard deviation | 9.39% | 9.24% |
| Sharpe ratio | -5.12 | -1.28 |
| Sortino ratio | -5.07 | -1.65 |
| Maximum drawdown | −6.9% (30-10-2026) | −8.4% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 16-09-2026 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.
ICICI Prudential Life Cycle Fund 2031
Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Life Cycle Fund 2031 | −6.9% | 23-09-2026 | 30-10-2026 | Not yet | -- | −6.9% |
| Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund (Direct) | −5.9% | 23-09-2026 | 23-10-2026 | Not yet | -- | −4.3% |
From daily values since 16-09-2026, the first day every fund has.
ICICI Prudential Life Cycle Fund 2031 vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Life Cycle Fund 2031, September 2026; Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund, September 2026
Holdings in common
- Overlap
- 21.8%
- Held by both
- 8
- Only in ICICI Prudential Life Cycle Fund 2031
- 12
- Only in Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index
- 243
| Security | % of ICICI Prudential Life Cycle Fund 2031 | % of Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index |
|---|---|---|
| Government Securities | 19.94% | 29.83% |
| Ge Vernova T&D India Ltd. | 5.91% | 0.44% |
| Tata Steel Ltd. | 2.40% | 0.41% |
| APL Apollo Tubes Ltd. | 5.35% | 0.34% |
| Bajaj Auto Ltd. | 3.06% | 0.31% |
| Eicher Motors Ltd. | 8.05% | 0.26% |
| Hyundai Motor India Ltd. | 2.74% | 0.07% |
| Godrej Industries Ltd. | 4.89% | 0.04% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 21.8% means 21.8% 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 ICICI Prudential Life Cycle Fund 2031
| Security | % of fund |
|---|---|
| Dr Lal Pathlabs Ltd. | 6.71% |
| Kalyani Steels Ltd | 3.74% |
| Sharda Motor Industries Ltd | 3.09% |
| Kirloskar Ferrous Industries Ltd. | 2.88% |
| Galaxy Surfactants Ltd. | 2.63% |
Largest holdings only in Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund
| Security | % of fund |
|---|---|
| HDFC Bank Limited | 2.93% |
| ICICI Bank Limited | 2.55% |
| Reliance Industries Limited | 2.14% |
| Bharti Airtel Limited | 1.44% |
| Larsen & Toubro Limited | 1.18% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Life Cycle Fund 2031 | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index |
|---|---|---|
| Equity | 62.1% | 68.7% |
| Debt | 19.9% | 29.8% |
| Cash and others | 18.0% | 1.4% |
Market cap of stocks
| Market cap | ICICI Prudential Life Cycle Fund 2031 | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index |
|---|---|---|
| Large Cap | 16.3% | 35.8% |
| Mid Cap | 16.2% | 32.1% |
| Small Cap | 29.6% | 0.9% |
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 | ICICI Prudential Life Cycle Fund 2031 | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index |
|---|---|---|
| Automobiles | 13.9% | 2.8% |
| Banks | 0.0% | 11.8% |
| Industrial Products | 9.1% | 1.3% |
| Healthcare Services | 6.7% | 1.1% |
| Electrical Equipment | 5.9% | 2.6% |
| Ferrous Metals | 5.3% | 1.3% |
| Chemicals & Petrochemicals | 5.2% | 0.8% |
| Pharmaceuticals & Biotechnology | 3.7% | 4.6% |
| Finance | 0.0% | 4.5% |
| IT - Software | 0.0% | 3.8% |
| Retailing | 0.0% | 3.0% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Life Cycle Fund 2031 vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Life Cycle Fund 2031 | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 3.67% | 0.79% |
| Base expense ratio (Direct) | 0.81% | 0.30% |
| Base expense ratio (Regular) | 1.83% | 0.00% |
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.
ICICI Prudential Life Cycle Fund 2031 vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Life Cycle Fund 2031 and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund?
ICICI Prudential Life Cycle Fund 2031 is a mutual fund, Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund is an Index fund, run by ICICI Prudential Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 21.8%. ICICI Prudential Life Cycle Fund 2031 charges 3.67% a year and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund 0.79%.
Which has the lower expense ratio, ICICI Prudential Life Cycle Fund 2031 or Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund?
Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund charges less: 0.79% a year against 3.67%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Life Cycle Fund 2031 and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund overlap?
21.8%. They hold 8 of the same securities, the largest shared ones being Government Securities, GVT&D, TATASTEEL. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential Life Cycle Fund 2031 and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund?
Yes. 21.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ICICI Prudential Life Cycle Fund 2031 and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund?
ICICI Prudential Life Cycle Fund 2031: Aatur Shah, Manish Banthia, Rohit Lakhotia, Gaurav Chikane. Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund: Kedarnath Mirajkar.
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.