Provides exposure to 250 emerging companies across sectors to build wealth
Rule-based, index-mirroring approach ensures disciplined investing
Diversified portfolio enables participation in long-term growth potential
ICICI Prudential Life Insurance has launched the ICICI Prudential
Life Smallcap 250 Index Fund under its Unit Linked Insurance Plans (ULIPs). The fund
enables customers to participate in a broad basket of emerging listed companies and build
wealth over the long term through a disciplined, index-based approach.
The fund tracks the Smallcap 250 Index, which represents 250 companies ranked 251 st to
500 th within the Nifty 500 universe. However, regulations may restrict the Company from
investing in all the stocks in line with their weights in the index from time to time. As a result,
there could be a possible tracking error. This fund provides exposure to an array of smaller
listed businesses that are at the early stage of their growth journey and have the potential to
scale over time.
Commenting on the launch, Mr. Manish Kumar, Chief Investment Officer, ICICI Prudential
Life Insurance Company Limited, said, “The Smallcap 250 Index Fund provides customers
with a simple and transparent way to participate in the growth potential of emerging
companies and build wealth over the long-term. This makes it suitable for long-term
investors seeking a structured exposure to the emerging companies across diverse sectors
of the market.
The rule-based approach offers diversification across a wide set of businesses while
remaining disciplined and aligned with the benchmark. Notably, the fund provides broad-
based diversification in 250 emerging companies across sectors including Financial
Services, Healthcare and Capital Goods, among others, enabling investors to participate in
multiple emerging companies of the economy through a single fund.”
As of February 27, 2026, the Nifty Smallcap 250 TRI delivered 15.36% over one year, with a
five-year annualised return of 19.04% and since inception return of 15.45%, reflecting its
long-term growth potential. Being an equity-linked strategy, the fund’s value may fluctuate
with market movements.
The investment strategy follows a passive, index-mirroring approach, aiming to stay aligned
with the benchmark rather than relying on active stock selection. The index is reviewed and
refreshed twice a year to remain consistent with its defined methodology, ensuring a
disciplined and transparent investment process.
The ICICI Prudential Life Smallcap 250 Index Fund is available as an investment option with
some of the Company’s popular ULIP products with life cover, such as ICICI Pru Signature
Assure, SmartKid Assure with ICICI Pru Signature Assure, ICICI Pru Smart Insurance Plan
Plus (SIP+) amongst other ULIP products available on www.iciciprulife.com.
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