ICICI Prudential Life Smallcap 250 Index Fund To Enable Investors To Participate In India’s Emerging Growth Stories

· 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 251st to 500th 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.

About ICICI Prudential Life Insurance (www.iciciprulife.com)

ICICI Prudential Life Insurance Company Limited is promoted by ICICI Bank Limited and Prudential Corporation Holdings Limited. The Company began its operations in fiscal year 2001 and has consistently been amongst the top private sector life insurance companies in India on Retail Weighted Received Premium (RWRP) basis. The Company offers an array of products in the Protection and Savings category which match the different life stage requirements of customers, enabling them to provide a financial safety net to their families as well as achieve their long-term financial goals. The digital platform of the Company provides a paperless buying experience to customers, empowers them to conduct an assortment of self-service transactions, provides a convenient route to make digital payments and facilitates a hassle-free claims settlement process.

The Company has introduced ICICI Pru Stack, a first-of-its kind suite of platform capabilities that combines digital tools and analytics. This innovative suite aims to enhance the understanding of customers' requirements and enable distributors to offer suitable insurance products, deliver seamless experiences, and provide exceptional pre- and post-sale services. By deploying this comprehensive solution, the Company aspires to transform into the most customer-friendly and partnerable insurance provider in the country.

At December 31, 2025, the Company had an AUM of Rs. 3.31 lakh crore and a total in-force sum assured of Rs. 43.44 lakh crore. ICICI Prudential Life is also the first insurance company in India to be listed on both the National Stock Exchange (NSE) Limited and Bombay Stock Exchange (BSE) Limited.