Stuee.Singh at 18:02, 23 February 2026

2026-02-23T18:02:14Z

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{{Short description|Indian asset management company}}
{{Use dmy dates|date=August 2018}}
{{Use Indian English|date=August 2018}}
{{Infobox company
| name = ICICI Prudential Mutual Fund
| logo = ICICI_Prudential_Mutual_Fund_Official_Logo.jpg
| foundation = {{start date and age |1993}}
| area_served = [[India]]
| location = [[Mumbai]], [[India]]
| type = [[Joint venture]]
| industry = [[Investment management]]
| key_people = {{ubl|Mr. Nimesh Shah<ref>{{cite news |url=http://economictimes.indiatimes.com/markets/expert-view/budget-2016-must-look-at-innovative-ways-to-create-demand-jobs-improve-trade/articleshow/50955941.cms |title=Budget 2016 must look at innovative ways to create demand & jobs, improve trade |publisher=Economic Indiatimes |date=12 Feb 2016 |accessdate=19 Feb 2016}}</ref> <br />{{small|(MD & CEO)}}|Mr. S. Naren<ref>{{cite news |url=http://economictimes.indiatimes.com/markets/expert-view/this-is-a-great-year-for-mutual-fund-investors-a-bad-year-for-traders-s-naren-icici-prudential-amc/articleshow/50956672.cms |title=This is a great year for mutual fund investors, a bad year for traders: S Naren, ICICI Prudential AMC |publisher=Economic Indiatimes |date=12 Feb 2016 |accessdate=19 Feb 2016}}</ref> <br /> {{small|(Chief Investment Officer)}}|Mr. Rahul Goswami <br /> {{small|(Chief Investment Officer – Fixed Income)}}}}
| products = {{ubl|[[Asset Management]]|[[Wealth Management]]}}
| aum = {{increase}} {{INRConvert|671442|C}} {{small|(December 2023)}}<ref>{{cite web|url=https://economictimes.indiatimes.com/mf/analysis/top-10-mutual-funds-in-india-nippon-india-mutual-fund-aum-rises-37-06-in-2023/articleshow/106886254.cms?from=mdr|title=Top 10 mutual funds in India; Nippon India Mutual Fund AUM rises 37.06% in 2023|website=economictimes.indiatimes.com/|date=16 January 2024}}</ref>
| num_employees = 2000–2500
| num_employees_year = 2022
| owner = [[ICICI Bank]] (51%)<br>[[Prudential Plc]] (49%)
| homepage = {{URL|http://www.icicipruamc.com}}
}}

'''ICICI Prudential Mutual Fund''' is an Indian [[asset management company]] founded in 1993 as a [[joint venture]] between [[ICICI Bank]] and [[Prudential plc]].<ref name="auto">{{cite web |title=TOP 10 AMC IN INDIA |url=https://www.5dariyanews.com/news/275614-TOP-10-AMC-IN-INDIA |website=5 Dariya News}}</ref> It is the second-largest asset management company in [[India]] after the [[SBI Mutual Fund]].<ref>{{cite web |url=https://www.amfiindia.com/research-information/aum-data/average-aum |title=Average AUM |publisher=AMFI India |date= |accessdate=18 Feb 2016 |archive-date=6 July 2016 |archive-url=https://web.archive.org/web/20160706215454/http://www.amfiindia.com/research-information/aum-data/average-aum |url-status=dead }}</ref><ref>{{cite web |url=http://www.thehindubusinessline.com/portfolio/mutual-funds/icici-prudential-long-term-equity-topclass-performer-consistently/article8234440.ece|title=ICICI Prudential Long Term Equity: Top-class performer, consistently |newspaper=The Hindu – BusinessLine |date=13 Feb 2016 |accessdate=19 Feb 2016}}</ref>

==History==
The company was founded in 1993 as a joint venture between Indian [[ICICI Bank]] and UK insurance company [[Prudential plc]]. By 1998, it had two locations and six employees.

ICICI Prudential Mutual Fund's corporate headquarters are in the [[Bandra Kurla Complex]] in Mumbai. {{As of |2016}} it had grown to over a thousand employees across 120 locations with more than 1.9 million investors. <ref>{{cite web|url=http://www.icicipruamc.com/mutual-fund.aspx |title=Mutual Fund |accessdate=18 Feb 2016 | publisher=ICICI Prudential AMC}}</ref>

As of September 2018, ICICI Pru MF, with an average assets under managements of Rs. 468,192.92 Crores, has been a major contributor to shaping India's CRISIL rating system.

==Products and services==
The asset management company (AMC) manages significant [[Assets Under Management]] (AUM) in the Mutual Fund segment across asset classes in India. The AMC also caters to Portfolio Management Services and Real Estate Division for investors, spread across the country, along with International Advisory Mandates for clients across international markets.<ref>{{cite web|url=http://www.icicipruamc.com/OurFunds.aspx |title=About ICICI Prudential Mutual Funds |accessdate=18 Feb 2016 | publisher=ICICI Prudential AMC}}</ref><ref>{{cite web|url=http://www.indian-share-tips.com/2011/11/nimesh-shah-md-and-ceo-icici-prudential.html|title=Nimesh Shah, MD and CEO, ICICI Prudential Asset Management Views on Current State of Market|accessdate=23 Feb 2016 | publisher=Indian SHare Tips}}</ref>

*Mutual Fund - The Mutual Fund primarily targets retail investors.<ref>{{cite news|url=http://mutualfundnewsgroup.blogspot.in/2010/10/q-nimesh-shah-md-ceo-icici-prudential.html |title=Q & A: Nimesh Shah, MD & CEO, ICICI Prudential AMC |date=13 October 2010 |accessdate=23 Feb 2016 | publisher=Mutual Fund News Group}}</ref>

*Portfolio Management Services - allows [[High-net-worth individual|high net worth investors]] to invest in a more concentrated portfolio aiming at higher returns. In the year 2000, ICICI Prudential AMC was the first institutional participant to offer these service in India.<ref>{{cite web|url=http://www.icicipruamc.com/portfolio-management-services.aspx |title=PMS (Portfolio Management services) |accessdate=18 Feb 2016 | publisher=ICICI Prudential AMC}}</ref>

*Real Estate Business - targets high net worth investors and domestic institutional investors, with ICICI Prudential AMC starting the Real Estate Investment Series Portfolio in 2007.<ref>{{cite web|url=http://www.icicipruamc.com/OurBusiness/RealEstate/AboutUs.aspx|title=About Real Estate Investment |accessdate=18 Feb 2016 | publisher=ICICI Prudential AMC}}</ref>

== Competitor ==
ICICI Prudential Mutual Fund have major competition with [[SBI Mutual Fund]] and [[UTI Asset Management|UTI Mutual Fund]].

== See also ==
* [[Mutual funds in India]]

==References==
{{Reflist|1}}

==External links==
* {{official website|http://www.icicipruamc.com}}

{{Major asset management companies}}
{{Banking in India}}
{{ICICI Group}}

[[Category:ICICI Bank]]
[[Category:Mutual funds of India]]
[[Category:Financial services companies based in Mumbai]]
[[Category:Financial services companies established in 1993]]
[[Category:1993 establishments in Maharashtra]]
[[Category:Indian companies established in 1993]]
[[Category:Prudential plc]]
[[Category:Asset management companies]]

ICICI Prudential Mutual Fund - Revision history

Stuee.Singh at 18:02, 23 February 2026