Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Manish Banthia
Mr. Banthia is B.Com, CA and MBA
He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of ICICI Prudential Life Cycle Fund 2041 is ₹9.9 as of 2026-10-09.
ICICI Prudential Life Cycle Fund 2041 is classified as a Life Cycle fund.
ICICI Prudential Life Cycle Fund 2041 is managed by ICICI Prudential Mutual Fund.
The Assets Under Management (AUM) of ICICI Prudential Life Cycle Fund 2041 is ₹55.15 Cr.
The expense ratio of ICICI Prudential Life Cycle Fund 2041 is 3.39%.
ICICI Prudential Life Cycle Fund 2041 is managed by Manish Banthia.
The exit load for ICICI Prudential Life Cycle Fund 2041 is 2%.
As per the SEBI Riskometer, ICICI Prudential Life Cycle Fund 2041 carries a Moderately High risk level.
ICICI Prudential Life Cycle Fund 2041 has delivered 0% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-10-09.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
