NFO Alert: ICICI Prudential Mutual Fund to launch 3 life cycle funds

ICICI Prudential Mutual Fund has announced the launch of three life cycle funds — ICICI Prudential Life Cycle Fund 2031, ICICI Prudential Life Cycle Fund 2036 and ICICI Prudential Life Cycle Fund 2041. These open-ended schemes are designed around a pre-determined maturity and a glide path strategy for goal-based investing.

The new fund offer, or NFO, for all three funds is open for subscription and will close on September 9.