ICICI Prudential Asset Management Company Limited

ICICI Prudential Mutual Fund is one of India’s largest and most respected asset management companies, known for its diverse range of investment solutions and strong market presence. Established in 1993 as ICICI Prudential Asset Management Company Limited, it became a joint venture (JV) in 1998 when Prudential Plc, one of the UK’s largest financial services companies, joined ICICI Bank. The joint venture has ICICI Bank holding a 51% stake and Prudential Plc holding 49%, creating a powerful collaboration that blends ICICI’s deep understanding of the Indian market with Prudential’s global expertise. Over the years, ICICI Prudential Mutual Fund has built a stellar reputation for delivering innovative, investor-centric financial products.</br></br> As of September 30, 2024, ICICI Prudential Mutual Fund is the second-largest mutual fund company in India by assets under management (AUM), with an impressive AUM of ₹8,58,522.52 crores. Its product offerings span across multiple categories such as equity, debt, hybrid, and solution-oriented funds, addressing the needs of investors with varying financial goals and risk profiles. The equity funds, including ICICI Prudential Bluechip Fund and ICICI Prudential Value Discovery Fund, are particularly popular for their strong long-term performance. On the debt side, the company offers funds like ICICI Prudential Corporate Bond Fund and ICICI Prudential Liquid Fund, which are known for providing stability and consistent income to conservative investors. One of its most well-known funds is the ICICI Prudential Balanced Advantage Fund, which dynamically adjusts the asset allocation between equity and debt, helping investors navigate volatile markets.</br></br> With more than two decades of experience, ICICI Prudential Mutual Fund also offers Portfolio Management Services (PMS), serving a broader range of investor needs. The company’s reach extends to over 350 locations across India, with an investor base of more than 9.9 million as of March 2024. Its commitment to risk management, research-backed investment strategies, and investor education has helped it become a trusted name among both retail and institutional investors.</br></br> Overall, ICICI Prudential Mutual Fund's strong track record, comprehensive product portfolio, and vast market reach position it as a leader in the Indian mutual fund industry playing a pivotal role in helping investors achieve their financial goals through well-structured investment products.