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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

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 Times
