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About ICICI Prudential Asset Management Co Ltd ICICI Prudential Asset Management Company Limited, a prominent player in India's financial sector, was incorporated in 1993 and operates as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited. The company serves as the investment manager to ICICI Prudential Mutual Fund and offers a broad range of savings and investment products. It is actively involved in managing mutual funds, portfolio management services (PMS), alternative investment funds (AIF), and advisory services for offshore clients. Its financial solutions are tailored to meet diverse investor needs, ranging from income generation to long-term wealth creation.
The company manages the largest suite of mutual fund schemes in India, consisting of 135 schemes as of March 31, 2025. These include equity-focused, debt-oriented, passive, fund-of-funds (domestic and overseas), liquid, overnight, and arbitrage schemes. Some of its flagship funds, such as the ICICI Prudential Large Cap Fund, ICICI Prudential Multi Asset Fund, ICICI Prudential India Opportunities Fund, and ICICI Prudential Value Fund, are leaders in their respective categories by Quarterly Average Assets Under Management (QAAUM).
In addition to its mutual fund business, ICICI Prudential AMC is expanding into alternate investment products, including portfolio management services, AIFs, and offshore opportunities. The company emphasizes its leadership in specific categories, such as large-cap, value, and multi-asset funds, further strengthening its position in the competitive financial services landscape.
To fuel its growth and provide exit opportunities for existing shareholders, the company plans an initial public offering (IPO) amounting to 17,652,090 equity shares via an Offer for Sale. This reflects the company’s aim to tap into India’s growing investment market and enhance its market standing.