- Portfolio Management Services and Mutual Funds must comply with SEBI regulations.
- SEBI approved amendments to regulations aimed at easing business operations and enhancing investor protection in the Indian financial markets.
- SEBI introduced Life Cycle Funds (LCFs) for the mutual fund industry.
Mirae Asset Mutual Fund Launches Life-Cycle Fund Category in India
What happened
Mirae Asset Mutual Fund launched a life-cycle fund category, specifically the Mirae Asset Life Cycle Fund 2056, on September 28, 2026. The New Fund Offer (NFO) runs from September 28 to October 12, 2026, with the scheme reopening for continuous transactions on October 21. The fund structure allows for a gradual shift in asset allocation, moving from higher equity exposure to lower-risk assets like debt and arbitrage as the maturity date approaches.
From moneycontrol.com
Why it matters
The launch adds a 30-year option to the market, catering to long-term investors. Life-cycle funds are part of a broader regulatory push by SEBI to introduce these products, which are still a small category in India.
SEBI introduced Life Cycle Funds (LCFs) for the mutual fund industry as part of approved amendments aimed at easing business operations and enhancing investor protection in the Indian financial markets.
From moneycontrol.com