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ICICI Prudential to reclassify Thematic Advantage FoF as aggressive hybrid active FoF from April 2026

Business
Published on 24 April 2026
ICICI Prudential to reclassify Thematic Advantage FoF as aggressive hybrid active FoF from April 2026

SEBI rules reshape what this fund will actually hold

ICICI Prudential’s Thematic Advantage Fund of Fund will be reclassified as an Aggressive Hybrid Active FoF effective April 1, 2026. The move follows SEBI’s updated framework for Fund of Fund schemes, shifting the portfolio toward active mutual fund investments. The fund aims to better navigate different market cycles with a more aggressive stance.

  • Reclassification takes effect from April 1, 2026
  • ICICI Prudential will align with SEBI’s new FoF framework
  • Fund will invest predominantly in active mutual fund schemes
  • Objective is improved performance across market cycles
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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