ICICI Prudential Smallcap Fund resumes investments Jan. 23, 2026, after 22-month pause due to improved valuations and regulatory changes.

ICICI Prudential Asset Management Company will reopen its Smallcap Fund to new investments on January 23, 2026, ending a 22-month suspension. The move follows improved valuations in small-cap stocks, removal of PAN-level investment limits, and regulatory stress tests. The fund, paused in March 2024 due to high valuations and inflow concerns, now accepts lump sums, SIPs, STPs, switches, and new registrations. It manages around ₹8,428 crore and has delivered a 14.74% three-year CAGR as of January 20, 2026. Despite the reopening, the fund house continues to caution investors about market risks and recommends hybrid schemes. Small-cap funds underperformed in 2025, with an average loss of 4.62%.