Impact Feature: ICICI Prudential’s Life Cycle Funds vary the allocation between equity and debt as per need
38 minutes ago copy link ICICI Prudential Mutual Fund has launched ‘Life Cycle Funds’. These are designed to invest with specific targets in mind, with a pre-determined maturity date and a ‘glide path’ strategy. As the target completion time approaches, these funds keep changing the investment allocation between equity and debt as per the need….