Mutual Fund: There used to be a lot of concern about the earnings and future of the delivery partners of Swiggy or Zomato. Because of the amount of money they get from one delivery, how much should be earned and how much should be saved. But now the company has solved this also. For this, Swiggy has partnered with Zerodha. Through which now delivery partners will also be able to invest in mutual funds.

Partnership of Swiggy and Zerodha
In fact, Swiggy said on Tuesday that it has partnered with Zerodha Fund House, so that now its delivery partners will be able to invest in mutual funds through their app. Under this, delivery partners can start investing a part of their earnings with just Rs 100. According to the company, this money will be directly invested in the schemes of Zerodha Fund House. Delivery partners will also be able to easily view and manage their investment and portfolio information through WhatsApp.

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What did the company say?
After this partnership, Swiggy Vice President Saurav Goyal said, ‘The aim of this initiative is to make the delivery partners financially strong and provide them easy means to save for the future.’

Meanwhile, Vishal Jain, CEO of Zerodha Fund House, said, ‘Gig workers do not have regular income, so it is difficult for them to save for the long term. Now Swiggy’s delivery partners will be able to invest part of their weekly earnings in mutual funds in just a few clicks and can also withdraw money if needed.

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Let us tell you that Swiggy is already providing many facilities like insurance to its delivery partners. This new initiative has come at a time when the gig economy is growing rapidly in India, but saving money still remains a challenge for millions of workers due to irregular income. In such a situation, this facility will give them the opportunity to invest even small amounts and save for the future.

International Investment Tips: Indian investors always invest in the country’s stock market. But ever since the news related to the IPO of Elon Musk’s company SpaceX is coming out, Indians have also started showing interest in investing abroad. In such a situation, efforts are now underway to make it easier to invest abroad even while sitting in India. Let us tell you how.

Invest abroad while sitting in India
Actually, there are many such apps in India which provide platforms to Indian investors for easy investment, but through these, investment can be made only in India. However, now Indian investors can invest in foreign companies even while sitting in the country. Such that according to the reports of Money Control, 4 Indian investment apps are being made international platforms. That means, with their help, now you will be able to invest in foreign markets from India itself.

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Which are these apps?
According to the International Financial Services Centers Authority (IFSCA), the country’s top four brokers Zerodha, Groww, Angel One and Upstox have got approval to facilitate investment in international and US stocks through GIFT City. This news is very happy for Indian investors.

When will it be launched?
A source related to this has spoken to Moneycontrol, who has said that it will take two to three months to complete the technology, testing and compliance work. This means that at present it will take about three months for its launch. After which Indian investors will be able to easily invest abroad through these platforms.

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After launch, while Zerodha and Upstox will act as broker-dealers, Groww and Angel One will act as Global Access Providers (GAP). According to sources, to make international investment possible, Zerodha and Upstox will trade through foreign clearing firms Viewtrade International, Interactive Brokers and Alpaca Securities.

Another source said, ‘These particular firms have deep relationships with US broking firms (like Charles Schwab, Robinhood, etc.), which make trading in international stocks easier.’

SEBI introduces Life Cycle Funds: The Indian mutual fund industry is now moving towards a new era. The Securities and Exchange Board of India (SEBI) stepped in with a new type of mutual fund called ‘Life Cycle Funds’ on February 26, 2026. Fund houses have reacted rapidly to this rule change. The two asset management companies filed their drafts with SEBI in the first week of June 2026. With the filing of these drafts, the old solution-based plans have come to an end. SEBI has replaced them with a more dynamic structure. Investors will now get the benefit of customized automatic asset allocation as per a particular time frame.

The new filings show that fund houses are looking to attract long-term retail capital through this target-based investment route. What is Life Cycle Fund? Life Cycle Fund is an open-ended mutual fund with a pre-determined maturity year. Unlike a traditional hybrid fund, the asset allocation does not remain fixed.

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Instead, the fund follows a “glide path”. This means that the portfolio gradually becomes more conservative as it approaches maturity. In the initial period, equity investments may form a major portion to achieve growth in the portfolio. As the target date approaches, investments become more conservative through an increase in debt or other fixed-income investments.

Why did SEBI introduce this category?

This new category emerged when SEBI decided to close down solution-oriented schemes, which included retirement funds and children’s funds. SEBI felt that there was a need for a more structured target-based product.

As a result, life cycle funds were introduced as a separate category within the mutual fund framework. Under the regulations, these funds should have a pre-determined maturity period between 5 years to 30 years. The maturity year should also be disclosed in the name of the scheme. A global solution for Indian retail investors This concept is not entirely new to the financial world. These products have gained huge popularity among western investors under the brand name of Target Date Fund. This trend has already become quite popular in the United States.

According to available industry reports, assets managed through target date funds are expected to grow to $4.8 trillion in 2025, an increase of 20.3% from the previous year. Over the past decade, the sector has grown by 11.9% annually. Through the introduction of Life Cycle Funds, SEBI aims to bring a uniform goal-oriented investment framework for Indian investors. Inside the first SEBI filing, information available on the official SEBI website shows that five drafts of offer documents have been submitted.

Zerodha Mutual Fund was the first to move, filing draft documents for the two schemes on June 05, 2026. These include Zerodha Life Cycle Fund 2036 and Zerodha Life Cycle Fund 2041. A few days later, on June 08, 2026, ICICI Prudential Mutual Fund submitted draft papers for the three schemes. The proposed offerings include ICICI Prudential Life Cycle Fund 2031, ICICI Prudential Life Cycle Fund 2036, and ICICI Prudential Life Cycle Fund 2041.

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A closer look at 5 individual plans

1. Zerodha Life Cycle Fund 2036 The fund targets an investment horizon of 10 years from the time of its filing. It is designed for investors who have important financial goals coming in the middle of the next decade. This will be done to ensure low operating costs by investing in index funds and exchange traded funds using a passive approach. The benchmark portfolio will consist of 50% Nifty 200 TRI, 40% Crisil 10-year Gilt Index, and 5% each of Indian gold and silver indices.

2. Zerodha Life Cycle Fund 2041 This scheme gives investors a long time period of 15 years to grow their capital. Because the target is years ahead, the fund starts with a more aggressive stance. Its benchmarks are heavily tilted towards growth, with 65% in Nifty 200 TRI, 25% in Crisil 10-year Gilt Index, and 5% in physical gold and silver. If you are a young investor planning for long-term wealth creation, this longer glide path allows the fund manager to maximize equity exposure during the first few years.

3. ICICI Prudential Life Cycle Fund 2031 ICICI Prudential Life Cycle Fund 2031 is targeted at investors looking for long-term wealth creation through a diversified portfolio. This open-ended scheme comes with a target maturity year of 2031 and follows a glide path strategy. In this scheme, the asset allocation changes gradually over time. The fund is classified under ‘very high’ risk category. Its benchmark is created with 50% weighting with Nifty 200 TRI, 45% weighting with Nifty Composite Debt Index, 3% weighting with domestic gold prices, and 2% weighting with domestic silver prices.

4. ICICI Prudential Life Cycle Fund 2036 This intermediate plan matches the 10-year time horizon of the Zerodha 2036 fund, but it will use an active management style. Its benchmark is created with 65% weighting with Nifty 200 TRI, 30% weighting with Nifty Composite Debt Index, 3% weighting with domestic gold prices, and 2% weighting with domestic silver prices.

5. ICICI Prudential Life Cycle Fund 2041 This last scheme offers a 15-year investment window under the active management umbrella. This provides a long runway for investors who want to see professional fund managers actively trading and rebalancing their assets over the next decade and a half. As per the draft filing, the scheme can invest in equities, debt instruments, InvITs, REITs, Gold ETFs and Silver ETFs.

The fund is classified under ‘very high’ risk category. Its benchmark is a composite index consisting of 65% weight of Nifty 200 TRI, 30% weight of Nifty Composite Debt Index, 3% weight of domestic gold prices and 2% weight of domestic silver prices. What’s next for investors Zerodha and ICICI Pru The entry of the company is only the beginning. Several other asset management firms are expected to file their draft documents in the coming months.

Investors will soon have a wide range of target years to choose from, ranging from 2031 to 2056. When these funds open for public subscription, you should evaluate them based on your financial timeline. Look at your ultimate goal, calculate the remaining years, and choose the relevant fund. It provides a true financial autopilot experience for the common investor. Disclaimer: This article is for informational purposes only and is not investment advice.

Free Finance Apps: More important than earning money is saving it at the right place and at the right time. Many times wrong investment causes us loss. We often do not understand where and how to invest the earned money properly, where and how much to spend so that our needs and hobbies are fulfilled and this is done separately from savings so that we can make ourselves financially secure for the future. For this, proper planning is necessary.

free finance apps

Today we are going to tell you about some such free finance apps, which can prove helpful for you. Come today, through this news, we are going to give you information about some such apps, which will make your financial planning stronger.

Zerodha Coin- It is India’s largest discount broker. Through its ‘Coin’ app, you can invest directly in mutual funds without any charges. Since you do not have to pay commission to the distributor while investing, you get a profit of 1-1.5 percent annually.

Groww- This is considered to be the easiest app for new investors. In this, you can open a free demat account and invest in mutual funds without any commission.

IndMoney- This is an app through which you can manage all your old investments from PF to mutual funds, stocks at one place. It also gives you the opportunity to bet on American companies like Apple, Google.

OneScore- This is an app that lets you check CIBIL and Experian score without any spam calls or advertisements. In this, advice related to improving the score is also given.

Paisabazar- In this also you can see your updated credit score every month for free. Another feature of this is that in this you can compare the offers given by different banks on loan and credit card.

CRED- This is a member-only app, which is specially designed for credit card bill payments. However, only those people can join CRED whose credit score is 750 or above. Through CRED Money you can see your bank account balance and transactions at one place. It has many other great features.

Walnut- This is an app that reads your bank SMS and breaks down your expenses (shopping, dining, travelling) into different parts to help you understand where your money is going. Additionally, it manages your budget without any manual entries and also reminds you of bill payments.

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Growww IPO: Groww, one of the country’s largest broking platforms, has applied for an IPO of Rs 6,000 to 7,000 crore near SEBI on 16 September. The updated draft filed to the market regulator has received information from the updated draft Red Hringe Prospectus (DRHP) that the founder company of Grow is planning to sell 0.07 percent stake in the company.

Special things about grrow

Currently, the promoters are about 27.97 percent stake in Grow. During the IPO, promoters will sell only 0.07 percent of the total shares. The company said that by 30 June 2025 its number of transactive users was about 18 crores. New shares worth Rs 1,60 crore will be issued in Grow’s IPO. Along with this, shares worth Rs 57.42 crore will be sold through promoters offer for sale (offs).

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Jodhi, who has made a distinct identity from the zero brokerage model in the world of stock broking, has now created panic in the world of mutual funds. Established by Nitin and Nikhil Kamath, this platform started Zerodha Fund House in late 2023 and has now become a big option for investors.

7 lakh people trust and save 6400 crores

Jodhodha CEO Nitin Kamath said in a post on Thursday that it has been 18 months since the start of the fund house and during this time more than 7 lakh investors have saved a total of 6,400 crores by investing in the funds of Ajodha. Kamath says that he did not do any kind of heavy marketing, yet people showed confidence.

Nitin Kamath’s ‘Hero Fund’ Liquidcase etf

Kamath also discussed his “Hero Fund”, Liquidcase ETF, whose asset under management (AUM) has now reached 4,700 crores. He told that in just 15 months this fund has reached such a big height.

843 crore was now in April 2024, now 4700 crores reached

Kamath also shared that in April 2024, the AUM of Liquidcase ETF was only 843 crores. But now it has increased to 4,700 crores. According to him, it can be considered one of the most successful launch in the Indian Retail ETF segment. The main focus of the Jidhi Fund House is to give ordinary and affordable index funds and ETF. Their purpose is to participate in the market in a transparent manner, in which middlemen do not have a role.

It’s been 18 months since the first fund launch of @Zerodhaamc with @smallcasehqThe Idea was to offer Simple and Cost-Efficient Index Funds and ETFS and Stay Direct only. Despite not being about the amc, 7 lakh investors have Saved ₹ 6,400 Croes in Our Funds.

The Hero… pic.twitter.com/8pn5ayvywz

– nithin kamath (@nithin0dha) May 29, 2025

Disclaimer: (Information provided here is being given only for information. It is necessary to tell here that the investment market is subject to risks. Always consult expert before investing as an investor. Never is advised to invest money from Abplive.com.

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