ICICI Prudential Mutual Fund launches 3 life cycle funds

Each fund starts with higher equity exposure (think: more growth potential) and gradually moves toward safer assets like debt as the target date approaches: for example, the 2031 fund drops its equity share from up to 50% down to as low as 5% in its final year.

You also get a mix of gold, silver ETFs, and other assets for extra diversification.

There are Direct and Regular plans available, making these a fit for anyone looking for goal-based portfolios with systematic rebalancing, especially if you want a hands-off approach for long-term goals.