NFO Alert: ICICI Prudential Mutual Fund Launches Diversified Equity All Cap Active Fund

ICICI Prudential Mutual Fund has opened subscriptions for its new scheme, ICICI Pru Diversified Equity All Cap Active Fund, from 2 March 2026. The new fund offer (NFO) will remain open until 16 March 2026.  

The scheme is positioned within the flexi cap category and will function as an open-ended fund. 

Investment Structure 

The fund aims to generate long-term capital appreciation by investing primarily in a range of domestic actively managed equity-oriented schemes. These underlying investments may span large-cap, mid-cap and small-cap segments. 

Rather than holding individual stocks directly, the scheme allocates its assets across diversified active equity funds. This structure allows exposure to different market capitalisations through a single portfolio. 

Benchmark and Risk Level 

The scheme will be benchmarked against the NIFTY 500 TRI, a broad-based index representing performance across large, mid and small listed companies. 

According to the prescribed riskometer, the fund falls under the ‘Very High’ risk category. This classification shows its equity-oriented nature and exposure across market segments. 

Investment Terms 

The minimum investment amount for participation in the scheme has been set at ₹100 under the growth plan. There is no lock-in period applicable. An exit load of 1% will apply if units are redeemed within 1 year from the date of allotment. 

Fund Management 

The scheme will be managed by Dharmesh Kakkad and Sharmila D’Silva. The subscription window opened on 2 March 2026 and is scheduled to close on 16 March 2026. 

Read More: Canara Robeco Opens NFO for Banking and Financial Services Equity Fund! 

Conclusion 

The ICICI Pru Diversified Equity All Cap Active Fund is structured as a flexi cap offering that seeks to invest across actively managed domestic equity schemes covering varied market capitalisations. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.