ICICI Prudential Mutual Fund has announced the suspension of all fresh subscriptions including lumpsum, SIP and STP transactions in the IDCW options of its retirement fund schemes. According to reports from ICICI Prudential Mutual Fund, the suspension will be effective from July 31, 2026. The decision affects multiple retirement fund schemes under the ICICI Prudential Retirement Fund umbrella.
The suspension applies to four specific schemes within the ICICI Prudential Retirement Fund portfolio. As reported by ICICI Prudential Mutual Fund, the affected schemes include the Hybrid Aggressive Plan, Hybrid Conservative Plan, Pure Debt Plan, and Pure Equity Plan. These schemes are all part of the retirement fund category and offer different investment approaches for retirement planning.
The suspension encompasses all types of fresh transactions in the IDCW options of the affected schemes. According to ICICI Prudential Mutual Fund, this includes lumpsum investments, SIP (Systematic Investment Plan) transactions, and STP (Systematic Transfer Plan) transactions. The suspension specifically targets new subscriptions in the IDCW options of these retirement fund schemes.
Despite the suspension of new subscriptions, existing investors are protected from the changes. As reported by ICICI Prudential Mutual Fund, transactions registered prior to the effective date of July 31, 2026 will continue as usual. This means that investors who have already invested in these schemes or have existing SIPs will not be affected by the suspension of fresh subscriptions.
