Zerodha Life Cycle Fund 2036
A fund to help you reach your financial goals for 2036
Allotment
Jul 10
Fund Re-Opens
Jul 13
Risk
Very High
Min. Amount
₹100
Ideal for
About the fund
The Zerodha Life Cycle Fund 2036 is designed for investors working towards a financial goal roughly 10 years away.
The Zerodha Life Cycle Fund 2036 is designed for investors working towards a financial goal roughly 10 years away.
Unlike most mutual funds, it comes with a target year: 2036. The fund invests across a mix of asset classes, starting with a growth-oriented allocation, tilted towards equity, and automatically shifts to a more conservative allocation as the target year 2036 approaches. See allocation
This makes it a fit for goals that have a defined timeline. If you are saving for loan down-payment around 2036, building a corpus for starting a business, or planning for any large expense 10 years away, this fund may work for you.
On the equity side, the fund aims to track the Nifty LargeMidcap 250 Index. On the debt side, it invests in Indian government securities (G-Secs) across different durations. It also takes some commodities and arbitrage exposure.
This fund may be suitable for someone who wants a disciplined, tax-efficient, structured approach to investing without actively managing their portfolio. You pick your target year, you stay invested, and the fund takes care of the rest.
Throughout its lifecycle, the fund is treated as equity for taxation purposes. You can start investing in it with an amount as low as ₹100.
Past Performance
Tax Implication
Investment period <= 1 year
Gains/profits are treated as short-term capital gains & taxed at 20% (plus 4% cess and surcharge, if any).
Investment period > 1 year
Gains/profits are treated as long-term capital gains and are tax-free upto ₹1.25 lakhs in a financial year. Gains above ₹1.25 Lakhs in a financial year are taxed at 12.5% (plus 4% cess and surcharge, if any).
Fund Manager
Kedar has an experience of 19 years in financial markets, across multiple roles at Aditya Birla Sunlife AMC Ltd (ABSLAMC), including fund management for passive products, where he managed 13 ETFs and Index Funds in equity & commodity. Kedar's belief in his own words is - "Passive investing uses the collective intelligence of the market instead of manually picking stocks and works for most investors."
Downloads
Riskometer
Riskometer of the scheme
Riskometer of the scheme
Riskometer of the benchmark - 50% Nifty 200 TRI + 5% Domestic prices of Physical Gold + 5% Domestic prices of Physical Silver + 40% CRISIL 10 year Gilt Index
This product is suitable for investors who are seeking*:
- Capital appreciation over the long term aligned with a specific target year (2036)
- Investment in a dynamically managed portfolio of equity, debt, commodity and other instruments, where the asset allocation follows a pre-defined glide path that becomes more conservative as the target maturity date approaches
- Goal-based investing designed for long-term objectives with a target date of 2036
Investors should understand that their principal will be at Very High Risk and the riskometer of the benchmark will be High
Note - The product labelling assigned during the New Fund Offer (NFO) is based on internal assessment of the scheme characteristics or model portfolio and the same may vary post NFO when actual investments are made.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Other Funds
Frequently Asked Questions
Fund Overview
The Zerodha Lifecycle Fund 2036 is an open-ended mutual fund with a built-in maturity year of 2036. It invests across equity, debt, gold & silver, and automatically shifts toward a more conservative allocation as 2036 approaches through a pre-defined glide path of asset allocation. No rebalancing is required from the investor at any point.
In the early years, the fund holds a higher allocation to equity, aiming for long-term growth, and can have higher volatility. Over time, it gradually moves towards more conservative assets, reducing volatility as the target year 2036 approaches. This shift is automatic and built into the fund's structure.
The minimum investment amount is ₹100.
To encourage long term investing behaviour, there is a regulatory mandated exit load for all life cycle funds to discourage early withdrawals:
1. 3% exit load if you exit within the first year of investment
2. 2% exit load if you exit within two years
3. 1% exit load if you exit within three years
4. 0% exit load after three years
When the target date approaches, investors have full flexibility over their investments. They may choose to withdraw, or remain invested as the fund may be merged with the nearest maturity Life Cycle fund with investors consent.
Suitable For
This fund may be suitable for investors who have a financial goal tied to the year 2036 whether that is retirement, a child's education, or any other major milestone with a known timeline. It is particularly well suited for those who want a structured, disciplined approach to investing without actively managing their portfolio.
In the early years, the fund holds a higher allocation to equity, aiming for long-term growth, and can have higher volatility. As 2036 draws closer, it gradually moves towards more conservative assets, reducing volatility as the target year approaches.
Throughout its lifecycle, the fund is treated as equity for taxation purposes.
Modes of Investing
The Zerodha Life Cycle Fund 2036 available on Coin by Zerodha, smallcase, Groww, Kuvera, Paytm Money, IND Money, CAMS Online, MFU and MFC and other such platforms once the fund is live.
Investors can invest in the Zerodha Life Cycle Fund 2036 via both lumpsum and SIP.