India, Aug. 20 -- ICICI Prudential Mutual Fund has launched a new Open Ended Growth scheme named "ICICI Prudential Life Cycle Fund 2031" with maturity period of 0 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Aug 26 to Sep 09, 2026.

According to the offer document filed with SEBI, the entry load is Nil and exit load is 3.

The minimum application amount is Rs 100.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth.

The fund manager of the scheme will be Aatur Shah, while the performance of the scheme will be benchmarked against Nifty 200 Total Return.

An open-ended life cycle fund with maturity of 5...