Zerodha Launches India's First Target-Date Life Cycle Funds Amid New SEBI Category
Zerodha Fund House has launched India's first target-date Life Cycle Fund series with two schemes maturing in 2036 and 2041, offering rule-based asset allocation that adjusts over time to suit investors' life stages and goals. These funds, part of a new SEBI category introduced in February 2026, invest across equities, debt, gold, and silver, gradually shifting towards safer assets as the target date nears. Life cycle funds aim to simplify long-term investing, especially for those seeking automated portfolio management, though investors should consider risks related to the predefined glide path.