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The Economic Times

Business

Surbhi Khanna

NFO Alert: Zerodha Fund House launches 2 target-date Life Cycle funds

Zerodha Zerodha Fund House India

Zerodha Fund House on Friday announced the launch of its Life Cycle Fund series, becoming the first asset management company in India to introduce target-date maturity funds. The fund house is launching two schemes, Zerodha Life Cycle Fund 2036 and Zerodha Life Cycle Fund 2041.

The new fund offer (NFO) for both schemes is open for subscription and will close on July 7. The schemes will reopen for continuous sale and repurchase within five business days from the date of allotment.

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