5 days ago
ICICI Prudential, Wealth Company Launch Contrasting Mutual Fund NFOs
Two mutual fund companies are offering new investment funds.
ICICI Prudential’s fund can move between stock-based and debt-based funds.
It will use a valuation measure and economic indicators to decide how much to invest in each area.
The fund can also change the duration of its debt investments based on interest-rate and economic expectations.
The Wealth Company’s fund will buy shares of large, medium-sized and small companies.
It will choose individual stocks using company research and broader market trends.
Both funds start with a minimum investment of ₹1,000.
The ICICI Prudential fund is rated “Very High” risk, while the Wealth Company fund seeks long-term growth through diversification.
ICICI Prudential’s Dynamic Asset Allocation Passive FOF is open from August 26 to September 9, 2026.
The fund will shift among passive equity and debt schemes using the in-house Equity Valuation Index and other market indicators.
The Wealth Company’s Multi Cap Fund NFO runs from August 27 to September 10, 2026, and reopens on September 21.
The multi-cap scheme will invest across large-, mid- and small-cap stocks, with an indicative 25%-50% allocation to each segment.
Both NFOs require a minimum initial investment of ₹1,000, while the Wealth Company offers monthly SIPs starting at ₹250.
- Who
- ICICI Prudential Mutual Fund and The Wealth Company Mutual Fund.
- What
- They launched NFOs for a dynamic asset-allocation passive fund and an actively managed multi-cap equity fund.
- Where
- The funds are offered in India.
- When
- The ICICI Prudential NFO opened August 26 and closes September 9, 2026; the Wealth Company NFO opened August 27 and closes September 10, 2026, reopening September 21, 2026.
- Why
- The ICICI Prudential fund aims to adjust exposure between passive equity and debt schemes, while the Wealth Company fund seeks long-term capital appreciation through investments across market-cap segments.
Key facts
- ICICI Prudential NFO period
- August 26 to September 9, 2026
- Wealth Company NFO period
- August 27 to September 10, 2026; continuous transactions resume September 21, 2026
- Minimum initial investment
- ₹1,000 for both schemes
- ICICI Prudential strategy
- Dynamic allocation among passive equity- and debt-oriented schemes
- Wealth Company strategy
- Active investment across large-cap, mid-cap and small-cap stocks
- ICICI Prudential risk rating
- Very High
- Wealth Company monthly SIP minimum
- ₹250
Quotes
Madhu Lunawat
Founder, Managing Director and CEO of The Wealth Company Mutual Fund
“Market capitalisation is a number, not an investment thesis. A company may be large today and have limited room to grow. A smaller company may have the opportunity to become tomorrow’s leader.”
businesstoday.in
Sources
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