Current Affairs - Finance - Discussion

Discussion Forum : Finance - Latest Current Affairs (Q.No. 1)
1.
Which fund house launched India's first target-date Life Cycle Fund series in June 2026?
SBI Mutual Fund
HDFC Mutual Fund
ICICI Prudential Mutual Fund
Zerodha Fund House
Answer: Option
Explanation:
Zerodha Fund House launched India's first target-date Life Cycle Fund series, introducing the Life Cycle Fund 2036 and Life Cycle Fund 2041. These funds are designed to help investors achieve long-term financial goals by automatically adjusting asset allocation as the target year approaches. Initially, the portfolio maintains higher exposure to growth-oriented assets such as equities and gradually shifts towards lower-risk investments like government securities. The funds also include exposure to gold and silver, providing diversification. This innovative investment approach aligns with global retirement planning practices and offers a disciplined, long-term wealth creation strategy for investors.
Discussion:
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