Impact Feature: In ICICI Prudential Mutual Fund, maturity year is pre-determined, ‘glide path’ strategy is adopted.

Impact Feature: In ICICI Prudential Mutual Fund, maturity year is pre-determined, ‘glide path’ strategy is adopted.


32 minutes ago

  • copy link

ICICI Prudential Mutual Fund has launched ‘Life Cycle Funds’. These are designed to invest with specific goals in mind, with a pre-determined maturity date and a ‘glide path’ strategy.

As the time to achieve the target approaches, these funds keep changing the allocation between equity and debt as per the need. Additionally, they also invest in different asset classes like Gold and Silver ETFs/ETCDs and InvITs.

Investors can choose from three maturity options 2031, 2036 and 2041 depending on their investment tenure. Its NFO will be open from August 26, 2026 to September 9, 2026.

Click on the video above to know what Nikhil Gupta of Kapital Mitra told Dainik Bhaskar about ICICI Prudential Life Cycle Funds…



Source link
[ad_3]

Leave a Reply

Your email address will not be published. Required fields are marked *