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    Zerodha Life Cycle Fund 2036

    Direct plan, Growth option

    Data as on 30-10-2026

    Zerodha Life Cycle Fund 2036 is a mutual fund run by Zerodha Mutual Fund. On 30-09-2026, it managed ₹21 Cr of investors' money.

    NAV (Direct plan)
    ₹9.41
    ▼ 0.44%30-10-2026
    Expense ratio
    1.02%
    A year
    Riskometer
    Very High
    Set by the fund house
    1 month return
    −2.1%
    Total

    Zerodha Life Cycle Fund 2036 NAV Today

    NAV on 30-10-2026: Direct Plan Growth ₹9.41 (down 0.44% that day).

    Zerodha Life Cycle Fund 2036 Returns

    Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

    Trailing returns
    Period1M3M6M1Y3Y5Y10Y
    This fund (Direct)−2.14%−5.76%----------
    Category average--------------
    Best in category--------------
    Worst in category--------------
    Rank in category--------------

    No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds. This fund's benchmark is 50% Nifty 200 TRI + 5% Domestic prices of Physical Gold + 5% Domestic prices of Physical Silver + 40% CRISIL 10 year Gil. Returns of that index are not available to us.

    Zerodha Life Cycle Fund 2036 Expense Ratio and Costs

    What each plan charges a year, in force from 01-10-2026

    PlanBase expense ratioBrokerageTransaction costsLevies and GSTTotal expense ratio
    Direct0.42%0.05%0.02%0.53%1.02%

    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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.

    Zerodha Life Cycle Fund 2036 Asset Allocation

    Asset allocation as on 30-09-2026

    What the fund holds

    66.7%Equity

    AssetFund
    Equity66.7%
    Debt21.7%
    Cash and others11.6%

    Market cap of stocks

    Market capFund
    Large Cap37.2%
    Mid Cap28.2%
    Small Cap1.3%

    Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

    Credit rating

    Bonds and money market papers by credit rating, % of the fund.

    RatingFund
    Sovereign21.7%

    Zerodha Life Cycle Fund 2036 Sector Allocation

    Sector allocation of the fund's stocks as on 30-09-2026

    Largest sectors

    1. Banks13.9%

    2. Pharmaceuticals & Biotechnology4.3%

    3. IT - Software3.7%

    4. Finance3.7%

    5. Automobiles2.6%

    6. Electrical Equipment2.6%

    7. Capital Markets2.6%

    8. Petroleum Products2.5%

    9. Retailing2.4%

    10. Telecom - Services2.2%

    The ten largest of 45 sectors. The other 35 add up to 26.2%.

    Sector changes

    SectorJuly 2026August 2026September 2026Change
    Banks0.0%13.1%13.9%+13.9%
    Pharmaceuticals & Biotechnology0.0%4.3%4.3%+4.3%
    Finance0.0%3.9%3.7%+3.7%
    IT - Software0.0%4.0%3.7%+3.7%
    Electrical Equipment0.0%2.7%2.6%+2.6%

    Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

    Zerodha Life Cycle Fund 2036 Portfolio Holdings

    As on 30-09-2026 · 253 holdings · from the fund house's monthly portfolio

    HoldingsSector / RatingWeight%Holdings trend1M change
    6.94% GOI 11-May-2036 · Government securitySovereign21.67%
    Zerodha Gold ETF4.47%
    Zerodha Silver ETF4.42%
    HDFC Bank LimitedBanks4.24%+75.0%
    ICICI Bank LimitedBanks2.36%+11.9%
    Axis Bank LimitedBanks2.36%−9.6%
    Reliance Industries LimitedPetroleum Products1.98%+10.8%
    Bharti Airtel LimitedTelecom - Services1.32%+12.3%
    Larsen & Toubro LimitedConstruction1.09%+11.9%
    BSE LtdCapital Markets1.03%+12.9%

    Zerodha Life Cycle Fund 2036 Stocks Bought and Sold

    All changes are between August 2026 and September 2026

    More
    Stocks bought and sold in September 2026
    HDFC Bank LimitedAdded+75.0%4.24%
    Axis Bank LimitedReduced−9.6%2.36%
    ICICI Bank LimitedAdded+11.9%2.36%
    Reliance Industries LimitedAdded+10.8%1.98%
    Bharti Airtel LimitedAdded+12.3%1.32%
    Larsen & Toubro LimitedAdded+11.9%1.09%
    State Bank of IndiaAdded+12.3%0.98%
    BSE LtdAdded+12.9%1.03%
    Infosys LimitedAdded+15.0%0.88%
    Kotak Mahindra Bank LimitedAdded+10.5%0.76%

    A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

    What Zerodha Life Cycle Fund 2036 bought and sold

    Zerodha Life Cycle Fund 2036 Portfolio Overlap

    Funds with the most similar portfolios, across every fund house and category

    Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

    Zerodha Life Cycle Fund 2036 Overview

    Fund facts from the scheme summary document, as on 16-10-2026

    Expense ratio (Direct)
    1.02%
    Category
    Not available
    Risk
    Very High
    Launch date
    10-07-2026
    Minimum investment
    ₹100
    Minimum additional investment
    ₹100
    AUM
    ₹20.87 Cr (30-09-2026)
    Lock in
    Not available
    Scheme code (Direct)
    154436
    ISIN (Direct)
    INF0R8F01224
    NAV history
    From 13-07-2026, 0.3 years
    Benchmark
    50% Nifty 200 TRI + 5% Domestic prices of Physical Gold + 5% Domestic prices of Physical Silver + 40% CRISIL 10 year Gil
    Exit load
    Nil

    Tax on Zerodha Life Cycle Fund 2036 returns

    • How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
    • A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
    • IDCW (dividend) payouts are added to your income and taxed at your slab rate.
    • A stamp duty of 0.005% is deducted when you invest.

    Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

    About Zerodha Life Cycle Fund 2036

    Zerodha Life Cycle Fund 2036 is a mutual fund from Zerodha Mutual Fund. It was launched on 10-07-2026. Its benchmark is 50% Nifty 200 TRI + 5% Domestic prices of Physical Gold + 5% Domestic prices of Physical Silver + 40% CRISIL 10 year Gil. At the end of September 2026 it held 253 securities.

    Fund Manager

    • Kedarnath Mirajkar

      Fund manager of Zerodha Life Cycle Fund 2036, since 19-06-2026

    See all funds of Zerodha Mutual Fund

    AUM change

    September 2026
    ₹20.87 Cr
    +6.64% from August 2026
    August 2026
    ₹19.57 Cr
    +29.26% from July 2026
    July 2026
    ₹15.14 Cr
    First month on file

    AUM moves with money invested or taken out, and with the value of what the fund holds.

    Compare Zerodha Life Cycle Fund 2036 with Other Funds

    Returns, risk, costs and the stocks they share, side by side

    Frequently Asked Questions for Zerodha Life Cycle Fund 2036

    What is the current NAV of Zerodha Life Cycle Fund 2036?

    The Direct plan NAV is ₹9.4081, as on 30-10-2026.

    What is the expense ratio of Zerodha Life Cycle Fund 2036?

    The Direct plan charges 1.02% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

    What is the AUM of Zerodha Life Cycle Fund 2036?

    Zerodha Life Cycle Fund 2036 managed ₹20.87 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

    What are the top holdings of Zerodha Life Cycle Fund 2036?

    At the end of September 2026 the largest holdings were 6.94% GOI 11-May-2036 (21.67%), GOLDCASE (4.47%), SILVERCASE (4.42%), HDFCBANK (4.24%), ICICIBANK (2.36%). The fund held 253 securities in all.

    What did Zerodha Life Cycle Fund 2036 buy and sell in September 2026?

    It added shares in 211. It reduced 1.

    How do I invest in Zerodha Life Cycle Fund 2036?

    Through Zerodha Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.

    Who is the fund manager of Zerodha Life Cycle Fund 2036?

    Kedarnath Mirajkar (since 19-06-2026).

    What is the exit load of Zerodha Life Cycle Fund 2036?

    Nil

    Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

    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.

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