📌 Key Details of Zerodha Life Cycle Fund 2036 (Direct Growth)

• Fund Type: Open-ended, target-date life cycle fund
• NFO Period: June 19, 2026 – July 7, 2026
• Allotment Date: July 10, 2026
• Reopen Date: Within 5 business days post allotment
• Face Value: ₹10 per unit during NFO
• Category: Equity-oriented hybrid fund with dynamic allocation
• Benchmark:
  • 50% Nifty 200 TRI
  • 5% Domestic Gold prices
  • 5% Domestic Silver prices
  • 40% CRISIL 10-Year Gilt Index

🎯 Investment Objective & Strategy

• Goal-based investing aligned with the target year 2036.
• Dynamic asset allocation: Starts with higher equity exposure, gradually shifts to debt and commodities as 2036 approaches.
• Equity Exposure: Primarily tracks Nifty LargeMidcap 250 Index.
• Debt Exposure: Indian Government Securities (G-secs) across maturities.
• Commodities: Gold and silver for diversification.
• Risk Level: Very High (principal at risk). Benchmark risk: High.

🧑‍💼 Fund Management

• Fund Manager: Kedarnath Mirajkar
• Sponsor: Zerodha Broking Limited
• AMC: Zerodha Asset Management Pvt. Ltd.
• Trustee: Zerodha Trustee Pvt. Ltd.
• Head Office: Indiqube Penta, Richmond Road, Bengaluru, India

📊 Suitability

• Ideal for investors with long-term financial goals (retirement, children’s education, wealth creation) targeting 2036.
• Suitable for those comfortable with high risk and seeking capital appreciation through a diversified, rule-based allocation strategy.
• Offers SIP and lump sum investment options during NFO.

⚠️ Risks & Considerations

• High volatility due to equity and commodity exposure.
• Principal at very high risk – not suitable for conservative investors.
• Glide path allocation may underperform if market cycles deviate from expected patterns.
• Liquidity: Units can be redeemed post reopening, but NAV fluctuations may be significant.

📌 Quick Comparison Table

Feature	Details
NFO Period	June 19 – July 7, 2026
Maturity Year	2036
Benchmark	50% Nifty 200 TRI, 5% Gold, 5% Silver, 40% CRISIL Gilt
Fund Manager	Kedarnath Mirajkar
Risk Level	Very High
AMC	Zerodha Asset Management Pvt. Ltd.