ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund
Company typeJoint venture
IndustryInvestment management
Founded1993; 31 years ago (1993)
HeadquartersMumbai, India
Area served
India
Key people
  • Mr. Nimesh Shah[1]
    (MD & CEO)
  • Mr. S. Naren[2]
    (Chief Investment Officer)
  • Mr. Rahul Goswami
    (Chief Investment Officer – Fixed Income)
Products
AUMIncrease ₹671,442 crore (US$80 billion) (December 2023)[3]
OwnerICICI Bank (51%)
Prudential Plc (49%)
Number of employees
2000–2500 (2022)
Websitewww.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.[4] It is the second-largest asset management company in India after the SBI Mutual Fund.[5][6]

  1. ^ "Budget 2016 must look at innovative ways to create demand & jobs, improve trade". Economic Indiatimes. 12 February 2016. Retrieved 19 February 2016.
  2. ^ "This is a great year for mutual fund investors, a bad year for traders: S Naren, ICICI Prudential AMC". Economic Indiatimes. 12 February 2016. Retrieved 19 February 2016.
  3. ^ "Top 10 mutual funds in India; Nippon India Mutual Fund AUM rises 37.06% in 2023". economictimes.indiatimes.com/. 16 January 2024.
  4. ^ "TOP 10 AMC IN INDIA". 5 Dariya News.
  5. ^ "Average AUM". AMFI India. Retrieved 18 February 2016.
  6. ^ "ICICI Prudential Long Term Equity: Top-class performer, consistently". The Hindu – BusinessLine. 13 February 2016. Retrieved 19 February 2016.