ICICI Prudential Mutual Fund launches ICICI Prudential Life Cycle Fund 2031

NFO period: 26^th Aug - 09^th Sep, 2026

Highlights of the NFO:

• Scheme type - An open ended fund with attributes of pre-determined maturity and glide path for goal based investing


• Investment objective - An open-ended life cycle fund with maturity of 5 years following glide path approach for goal-based investing. The Scheme shall invest across asset class.The Scheme shall invest in equity and equity related instruments and Debt, money market instruments to generate capital appreciation and regular income.The Scheme may invest certain portion in units of InvITs, Gold & Silver ETF and Exchange Traded Commodity Derivatives.However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.


• Product suitability - This product is suitable for investors who are seeking to generate long term wealth creation. An open ended scheme following glide path strategy based investing across asset classes, i.e. Equity, Debt, InvITs, ETCDs, Gold & Silver ETF.


• Minimum Application Amount - Rs. 100/- plus in multiple of Re.1


• Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Managers - Mr. Aatur Shah, Mr. Manish Banthia, Mr. Rohit Lakhotia & Mr. Gaurav Chikane


• Benchmark - Nifty 200 TRI (50%) + Nifty Composite Debt Index (45%) + Domestic Price of Gold (3%) + Domestic Price of Silver (2%)