Zerodha Life Cycle Fund 2031

Zerodha Mutual FundHybridPortfolio as of 30 September 2026

Zerodha Life Cycle Fund 2031 holds 261 instruments (65.76% equity), led by Bharti Airtel Limited (5.05%), The Federal Bank Limited (4.34%) and IndusInd Bank Limited (4.04%), as of its 30 September 2026 SEBI-mandated monthly disclosure.

Holdings

261

Equity Allocation

65.76%

AMC

Zerodha Mutual Fund

Portfolio Analysis

Zerodha Life Cycle Fund 2031's top 10 holdings account for 27.48% of its portfolio, in line with the Hybrid category average of 27.4%. Financial Services is its largest sector exposure at 25.91% of net assets, spread across 13 sectors in total.

Sector Breakdown

Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.

Financial Services

25.91%

Other

15.79%

Consumer Discretionary

7.26%

Information Technology

5.93%

Telecommunication

5.75%

Industrials

4.95%

Healthcare

3.85%

Materials

3.68%

Consumer Staples

2.43%

Energy

2.4%

Utilities

1.88%

Services

0.89%

Real Estate

0.77%

Diversified

0.06%

Top 10 Equity Holdings

Bharti Airtel Limited · 5.05%The Federal Bank Limited · 4.34%IndusInd Bank Limited · 4.04%Infosys Limited · 3.74%Bajaj Finance Limited · 2.58%HDFC Bank Limited · 2.02%ICICI Bank Limited · 1.76%LIC Housing Finance Limited · 1.64%Reliance Industries Limited · 1.49%Larsen & Toubro Limited · 0.82%

Full Portfolio (261 holdings)

#	Holding	Sector	% to NAV
1	6.36% Central Government Securitiesbond	—	26.91%
2	Clearing Corporation of India Limitedother	—	19.94%
3	Bharti Airtel Limited	Telecommunication	5.05%
4	The Federal Bank Limited	Financial Services	4.34%
5	IndusInd Bank Limited	Financial Services	4.04%
6	Infosys Limited	Information Technology	3.74%
7	Bajaj Finance Limited	Financial Services	2.58%
8	Zerodha Gold ETFmf	—	2.19%
9	Zerodha Silver ETFmf	—	2.12%
10	HDFC Bank Limited	Financial Services	2.02%
11	ICICI Bank Limited	Financial Services	1.76%
12	LIC Housing Finance Limited	Financial Services	1.64%
13	Reliance Industries Limited	Energy	1.49%
14	Larsen & Toubro Limited	Industrials	0.82%
15	BSE Limited	Financial Services	0.77%
16	State Bank of India	Financial Services	0.74%
17	Axis Bank Limited	Financial Services	0.65%
18	Kotak Mahindra Bank Limited	Financial Services	0.57%
19	Multi Commodity Exchange of India Limited	Financial Services	0.51%
20	Mahindra & Mahindra Limited	Consumer Discretionary	0.49%
21	ITC Limited	Consumer Staples	0.47%
22	Laurus Labs Limited	Healthcare	0.47%
23	ETERNAL LIMITED	Consumer Discretionary	0.43%
24	One 97 Communications Limited	Financial Services	0.43%
25	Hero MotoCorp Limited	Consumer Discretionary	0.41%
26	Tata Consultancy Services Limited	Information Technology	0.39%
27	Coforge Limited	Information Technology	0.37%
28	Bharat Heavy Electricals Limited	Industrials	0.37%
29	Sun Pharmaceutical Industries Limited	Healthcare	0.36%
30	Titan Company Limited	Consumer Discretionary	0.35%
31	AU Small Finance Bank Limited	Financial Services	0.35%
32	Persistent Systems Limited	Information Technology	0.35%
33	IDFC First Bank Limited	Financial Services	0.33%
34	Dixon Technologies (India) Limited	Consumer Discretionary	0.33%
35	Bharat Forge Limited	Consumer Discretionary	0.31%
36	Hindustan Unilever Limited	Consumer Staples	0.31%
37	Life Insurance Corporation Of India	Financial Services	0.31%
38	GE Vernova T&D India Limited	Industrials	0.31%
39	Lupin Limited	Healthcare	0.3%
40	Indus Towers Limited	Telecommunication	0.29%
41	Suzlon Energy Limited	Industrials	0.29%
42	Maruti Suzuki India Limited	Consumer Discretionary	0.28%
43	Aurobindo Pharma Limited	Healthcare	0.28%
44	Tata Steel Limited	Materials	0.28%
45	Info Edge (India) Limited	Consumer Discretionary	0.28%
46	NTPC Limited	Utilities	0.28%
47	FSN E-Commerce Ventures Limited	Consumer Discretionary	0.27%
48	Ashok Leyland Limited	Industrials	0.27%
49	Polycab India Limited	Industrials	0.26%
50	Bharat Electronics Limited	Industrials	0.26%
51	Shriram Finance Limited	Financial Services	0.26%
52	Marico Limited	Consumer Staples	0.25%
53	Hindalco Industries Limited	Materials	0.25%
54	Adani Ports and Special Economic Zone Limited	Services	0.25%
55	Fortis Healthcare Limited	Healthcare	0.24%
56	APL Apollo Tubes Limited	Industrials	0.24%
57	HCL Technologies Limited	Information Technology	0.24%
58	ICICI Lombard General Insurance Company Limited	Financial Services	0.24%
59	UltraTech Cement Limited	Materials	0.23%
60	PB Fintech Limited	Financial Services	0.22%
61	Divi's Laboratories Limited	Healthcare	0.22%
62	Yes Bank Limited	Financial Services	0.22%
63	Bajaj Auto Limited	Consumer Discretionary	0.22%
64	Max Financial Services Limited	Financial Services	0.22%
65	The Phoenix Mills Limited	Real Estate	0.22%
66	Power Grid Corporation of India Limited	Utilities	0.22%
67	SRF Limited	Materials	0.22%
68	Swiggy Limited	Consumer Discretionary	0.22%
69	Vodafone Idea Limited	Telecommunication	0.22%
70	JSW Steel Limited	Materials	0.22%
71	GMR AIRPORTS LIMITED	Services	0.21%
72	Hindustan Petroleum Corporation Limited	Energy	0.21%
73	Grasim Industries Limited	Materials	0.21%
74	Glenmark Pharmaceuticals Limited	Healthcare	0.21%
75	Hitachi Energy India Limited	Industrials	0.21%
76	InterGlobe Aviation Limited	Services	0.21%
77	Radico Khaitan Limited	Consumer Staples	0.21%
78	Asian Paints Limited	Consumer Discretionary	0.2%
79	National Aluminium Company Limited	Materials	0.19%
80	Coal India Limited	Energy	0.19%
81	Aditya Birla Capital Limited	Financial Services	0.19%
82	Bajaj Finserv Limited	Financial Services	0.19%
83	Eicher Motors Limited	Consumer Discretionary	0.18%
84	Sundaram Finance Limited	Financial Services	0.18%
85	UPL Limited	Materials	0.18%
86	JSW Energy Limited	Utilities	0.18%
87	Alkem Laboratories Limited	Healthcare	0.18%
88	TVS Motor Company Limited	Consumer Discretionary	0.18%
89	Tech Mahindra Limited	Information Technology	0.18%
90	Nestle India Limited	Consumer Staples	0.17%
91	MphasiS Limited	Information Technology	0.17%
92	Indian Bank	Financial Services	0.17%
93	Mankind Pharma Limited	Healthcare	0.17%
94	Apar Industries Limited	Industrials	0.17%
95	Vishal Mega Mart Limited	Consumer Discretionary	0.17%
96	NHPC Limited	Utilities	0.17%
97	KEI Industries Limited	Industrials	0.16%
98	Tata Motors Limited	Industrials	0.16%
99	Hindustan Aeronautics Limited	Industrials	0.16%
100	Oil & Natural Gas Corporation Limited	Energy	0.16%
101	IPCA Laboratories Limited	Healthcare	0.16%
102	360 ONE WAM LIMITED	Financial Services	0.16%
103	NMDC Limited	Materials	0.16%
104	Biocon Limited	Healthcare	0.16%
105	Trent Limited	Consumer Discretionary	0.16%
106	Steel Authority of India Limited	Materials	0.16%
107	Adani Power Limited	Utilities	0.16%
108	Havells India Limited	Consumer Discretionary	0.16%
109	Adani Enterprises Limited	Materials	0.16%
110	Tube Investments of India Limited	Consumer Discretionary	0.15%
111	Prestige Estates Projects Limited	Real Estate	0.15%
112	Lloyds Metals And Energy Limited	Materials	0.15%
113	Oil India Limited	Energy	0.15%
114	Voltas Limited	Consumer Discretionary	0.15%
115	Apollo Hospitals Enterprise Limited	Healthcare	0.15%
116	Dr. Reddy's Laboratories Limited	Healthcare	0.14%
117	Waaree Energies Limited	Industrials	0.14%
118	L&T Finance Limited	Financial Services	0.14%
119	Dabur India Limited	Consumer Staples	0.14%
120	Oracle Financial Services Software Limited	Information Technology	0.14%
121	Lenskart Solutions Limited	Consumer Discretionary	0.14%
122	Jindal Stainless Limited	Materials	0.14%
123	Colgate Palmolive (India) Limited	Consumer Staples	0.14%
124	SBI Life Insurance Company Limited	Financial Services	0.14%
125	Cipla Limited	Healthcare	0.14%
126	Torrent Power Limited	Utilities	0.14%
127	Supreme Industries Limited	Industrials	0.13%
128	Oberoi Realty Limited	Real Estate	0.13%
129	Godrej Properties Limited	Real Estate	0.13%
130	Jio Financial Services Limited	Financial Services	0.13%
131	Mahindra & Mahindra Financial Services Limited	Financial Services	0.13%
132	Torrent Pharmaceuticals Limited	Healthcare	0.13%
133	Petronet LNG Limited	Utilities	0.13%
134	UNO Minda Limited	Consumer Discretionary	0.13%
135	JSW Infrastructure Limited	Services	0.13%
136	Kalyan Jewellers India Limited	Consumer Discretionary	0.13%
137	Cholamandalam Investment and Finance Company Limited	Financial Services	0.13%
138	Max Healthcare Institute Limited	Healthcare	0.13%
139	JK Cement Limited	Materials	0.13%
140	Coromandel International Limited	Materials	0.13%
141	Samvardhana Motherson International Limited	Consumer Discretionary	0.13%
142	MRF Limited	Consumer Discretionary	0.12%
143	Blue Star Limited	Consumer Discretionary	0.12%
144	Cummins India Limited	Industrials	0.12%
145	Tata Communications Limited	Telecommunication	0.12%
146	Nippon Life India Asset Management Limited	Financial Services	0.12%
147	The Indian Hotels Company Limited	Consumer Discretionary	0.12%
148	Page Industries Limited	Consumer Discretionary	0.11%
149	ICICI Prudential Life Insurance Company Limited	Financial Services	0.11%
150	Exide Industries Limited	Consumer Discretionary	0.11%
151	Bharat Petroleum Corporation Limited	Energy	0.11%
152	PI Industries Limited	Materials	0.11%
153	ITC Hotels Limited	Consumer Discretionary	0.11%
154	Gujarat Fluorochemicals Limited	Materials	0.11%
155	Tata Power Company Limited	Utilities	0.11%
156	Avenue Supermarts Limited	Consumer Discretionary	0.11%
157	Tata Motors Passenger Vehicles Limited	Consumer Discretionary	0.11%
158	Varun Beverages Limited	Consumer Staples	0.11%
159	CG Power and Industrial Solutions Limited	Industrials	0.11%
160	Jubilant Foodworks Limited	Consumer Discretionary	0.11%
161	LG Electronics India Limited	Consumer Discretionary	0.11%
162	TATA CONSUMER PRODUCTS LIMITED	Consumer Staples	0.11%
163	SBI Cards and Payment Services Limited	Financial Services	0.1%
164	HDFC Life Insurance Company Limited	Financial Services	0.1%
165	Britannia Industries Limited	Consumer Staples	0.1%
166	Bank of India	Financial Services	0.1%
167	Astral Limited	Industrials	0.1%
168	Adani Total Gas Limited	Utilities	0.1%
169	Bank of Maharashtra	Financial Services	0.1%
170	Balkrishna Industries Limited	Consumer Discretionary	0.1%
171	Schaeffler India Limited	Consumer Discretionary	0.09%
172	Motilal Oswal Financial Services Limited	Financial Services	0.09%
173	Container Corporation of India Limited	Services	0.09%
174	Indian Oil Corporation Limited	Energy	0.09%
175	Ajanta Pharma Limited	Healthcare	0.09%
176	GAIL (India) Limited	Utilities	0.09%
177	AIA Engineering Limited	Industrials	0.09%
178	Authum Investment & Infrastructure Limited	Financial Services	0.09%
179	Power Finance Corporation Limited	Financial Services	0.09%
180	Billionbrains Garage Ventures Limited	Financial Services	0.09%
181	ICICI Prudential Asset Management Company Limited	Financial Services	0.09%
182	HDFC Asset Management Company Limited	Financial Services	0.08%
183	Patanjali Foods Limited	Consumer Staples	0.08%
184	Bajaj Holdings & Investment Limited	Financial Services	0.08%
185	Indian Railway Catering And Tourism Corporation Limited	Consumer Discretionary	0.08%
186	Vedanta Limited	Materials	0.08%
187	HDB Financial Services Limited	Financial Services	0.08%
188	Dalmia Bharat Limited	Materials	0.08%
189	General Insurance Corporation of India	Financial Services	0.08%
190	DLF Limited	Real Estate	0.08%
191	Linde India Limited	Materials	0.08%
192	Wipro Limited	Information Technology	0.08%
193	Adani Green Energy Limited	Utilities	0.08%
194	Apollo Tyres Limited	Consumer Discretionary	0.08%
195	Bank of Baroda	Financial Services	0.08%
196	Adani Energy Solutions Limited	Utilities	0.08%
197	Thermax Limited	Industrials	0.08%
198	Abbott India Limited	Healthcare	0.08%
199	Berger Paints (I) Limited	Consumer Discretionary	0.08%
200	JINDAL STEEL LIMITED	Materials	0.08%
201	Solar Industries India Limited	Materials	0.08%
202	Pidilite Industries Limited	Materials	0.08%
203	GlaxoSmithKline Pharmaceuticals Limited	Healthcare	0.07%
204	LTM Limited	Information Technology	0.07%
205	ABB India Limited	Industrials	0.07%
206	Bharti Hexacom Limited	Telecommunication	0.07%
207	Canara Bank	Financial Services	0.07%
208	K.P.R. Mill Limited	Consumer Discretionary	0.07%
209	United Spirits Limited	Consumer Staples	0.07%
210	Punjab National Bank	Financial Services	0.07%
211	Global Health Limited	Healthcare	0.07%
212	Rail Vikas Nigam Limited	Industrials	0.07%
213	REC Limited	Financial Services	0.07%
214	Cochin Shipyard Limited	Industrials	0.07%
215	Endurance Technologies Limited	Consumer Discretionary	0.06%
216	Siemens Limited	Industrials	0.06%
217	NLC India Limited	Utilities	0.06%
218	Lodha Developers Limited	Real Estate	0.06%
219	AWL Agri Business Limited	Consumer Staples	0.06%
220	Bajaj Housing Finance Limited	Financial Services	0.06%
221	Bharat Dynamics Limited	Industrials	0.06%
222	Premier Energies Limited	Industrials	0.06%
223	Godrej Consumer Products Limited	Consumer Staples	0.06%
224	Tata Elxsi Limited	Information Technology	0.06%
225	Crisil Limited	Financial Services	0.06%
226	Union Bank of India	Financial Services	0.06%
227	Hyundai Motor India Limited	Consumer Discretionary	0.05%
228	L&T Technology Services Limited	Information Technology	0.05%
229	Indian Renewable Energy Development Agency Limited	Financial Services	0.05%
230	Muthoot Finance Limited	Financial Services	0.05%
231	Zydus Lifesciences Limited	Healthcare	0.05%
232	NTPC Green Energy Limited	Utilities	0.05%
233	Escorts Kubota Limited	Consumer Staples	0.05%
234	Housing & Urban Development Corporation Limited	Financial Services	0.05%
235	United Breweries Limited	Consumer Staples	0.05%
236	Hindustan Zinc Limited	Materials	0.05%
237	Siemens Energy India Limited	Industrials	0.05%
238	KPIT Technologies Limited	Information Technology	0.05%
239	Tata Investment Corporation Limited	Financial Services	0.05%
240	Godfrey Phillips India Limited	Consumer Staples	0.05%
241	Bosch Limited	Consumer Discretionary	0.05%
242	Anthem Biosciences Limited	Healthcare	0.05%
243	Ambuja Cements Limited	Materials	0.04%
244	ACC Limited	Materials	0.04%
245	SHREE CEMENT LIMITED	Materials	0.04%
246	Hexaware Technologies Limited	Information Technology	0.04%
247	Honeywell Automation India Limited	Industrials	0.03%
248	3M India Limited	Diversified	0.03%
249	Indian Railway Finance Corporation Limited	Financial Services	0.03%
250	Mazagon Dock Shipbuilders Limited	Industrials	0.03%
251	Godrej Industries Limited	Diversified	0.03%
252	Tata Capital Limited	Financial Services	0.03%
253	SJVN Limited	Utilities	0.03%
254	The New India Assurance Company Limited	Financial Services	0.02%
255	LIC Housing Finance Ltdother	—	-1.57%
256	Bajaj Finance Limitedother	—	-2.11%
257	Infosys Limitedother	—	-3.12%
258	IndusInd Bank Limitedother	—	-3.68%
259	The Federal Bank Limitedother	—	-3.89%
260	Bharti Airtel Limitedother	—	-4.08%
261	Net Receivable / Payableother	—	-16.92%

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Frequently Asked Questions

Yes. As of its 30 September 2026 disclosure, Bharti Airtel Limited is 5.05% of Zerodha Life Cycle Fund 2031's net assets — its number 1 holding.

Yes. As of its 30 September 2026 disclosure, The Federal Bank Limited is 4.34% of Zerodha Life Cycle Fund 2031's net assets — its number 2 holding.

Yes. As of its 30 September 2026 disclosure, IndusInd Bank Limited is 4.04% of Zerodha Life Cycle Fund 2031's net assets — its number 3 holding.

Yes. As of its 30 September 2026 disclosure, Infosys Limited is 3.74% of Zerodha Life Cycle Fund 2031's net assets — its number 4 holding.

Yes. As of its 30 September 2026 disclosure, Bajaj Finance Limited is 2.58% of Zerodha Life Cycle Fund 2031's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: Zerodha Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.