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ICICI Prudential Mutual Funds

ICICI Prudential Mutual Funds

About This AMC

ICICI Prudential Mutual Fund, established in 1993 as a joint venture between ICICI Bank and Prudential Plc.**

ICICI Prudential Mutual Fund has been consistently among the largest mutual funds in terms of AUM (Assets Under Management).

In 2012, ICICI Prudential AMC entered a tie-up with Syndicate Bank, now Canara Bank, to strengthen distribution channels further.

Nimesh Shah has been leading ICICI Prudential AMC as the MD & CEO since July 2007. Sankaran Naren is the Chief Investment Officer (CIO). Naren, popular for this ‘value investing’ approach manages the largest value fund in India: ICICI Value Discovery Fund (AUM: ₹30,000+ crore)

**Prudential Plc, one of the world's oldest and most influential insurance companies, holds a 49% stake in the joint venture, while ICICI Bank holds the majority share of 51%. Prudential Group has plans to reduce its shareholding pattern below 25% as per SEBI regulations and offload 3.7% of its stake.

As of February 2024

Schemes

128

AUM

₹7,40,943 Cr

AUM growth

₹24,805 Cr

Fund managers

30

Explore ICICI Prudential Mutual Funds

NameFund sizeExpense Ratio1 Y3 Y
ICICI Prudential BHARAT 22 FOF Direct Growth
₹1,178 Cr0.18%69.6%41.0%
ICICI Prudential Infrastructure Fund Direct Growth
ICICI Prudential Infrastructure Fund Direct Growth

Equity - Infrastructure Very High Risk

₹5,004 Cr1.02%68.9%40.7%
ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth
₹729 Cr0.73%59.6%32.5%
ICICI Prudential Manufacturing Fund Direct Growth
₹3,882 Cr0.69%70.0%32.4%
ICICI Prudential Dividend Yield Equity Fund Direct Growth
₹3,716 Cr0.52%56.1%32.3%
ICICI Prudential Smallcap Fund Direct Growth
₹7,658 Cr0.57%45.9%30.2%
ICICI Prudential India Opportunities Fund Direct Growth
₹19,072 Cr0.59%49.3%30.0%
ICICI Prudential Large & Mid Cap Fund Direct Growth
₹13,117 Cr0.75%47.4%27.9%
ICICI Prudential Midcap Fund Direct Growth
₹5,814 Cr0.94%59.7%27.2%
ICICI Prudential Business Cycle Fund Direct Growth
₹8,227 Cr0.77%52.7%26.7%
View all ICICI Prudential Mutual Funds

Top ICICI Prudential Fund Managers

₹11,443 Cr

AUM

6

Schemes

₹69,587 Cr

AUM

44

Schemes

SD

Sharmila D’mello

₹4,18,036 Cr

AUM

43

Schemes

₹2,23,151 Cr

AUM

12

Schemes

₹79,836 Cr

AUM

10

Schemes

RL

Rohit Lakhotia

₹25,541 Cr

AUM

13

Schemes

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All about ICICI Prudential Mutual Funds

Key Information

Mutual fund nameICICI Prudential Mutual Fund
AMC Incorporation DateJune 22, 1993
Sponsor namePrudential Plc and ICICI Bank Ltd.
Name of trusteesICICI Prudential Trust Ltd
CIOMr. S Naren
Compliance OfficerMs. Supriya Sapre
MD and CEOMr. Nimesh Shah