Zerodha Fund House launches two target-date Life Cycle funds with NFO closing on July 7

Exam-focused facts from the 24 June 2026 current affairs briefing.

Key facts

Zerodha Fund House became the first asset management company in India to introduce target-date maturity funds.
The fund house launched 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.
Zerodha Life Cycle Fund 2036 has a 10-year maturity horizon and is benchmarked against a composite index of 50% Nifty 200 TRI, 5% gold, 5% silver, and 40% CRISIL 10-Year Gilt Index.
The funds are classified as equity for taxation purposes with a minimum investment amount of Rs 100 and no lock-in period.