ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Ltd. is one of India’s leading AMCs, dedicated to bridging the gap between savings and investments while helping investors build long-term wealth with a variety of straightforward and relevant investment options. This AMC is a joint venture between ICICI Bank, a trusted name in India’s financial sector, and Prudential Plc, a prominent pan-Asia and Africa-focused group offering health, protection, and savings solutions. Over the years, the company has established a strong presence in the Indian mutual fund industry. With a substantial portfolio of Assets under Management (AUM), ICICI Prudential AMC provides a wide range of services, including mutual funds, Portfolio Management Services (PMS), and international advisory mandates, covering asset classes such as debt, equity, and real estate. Since its inception in 1998, with just 2 locations and 6 employees, the company has grown significantly. As of January 31, 2024, it operates in over 350 locations, serving 97 lakh investors, supported by a team of 3,072 employees. This growth reflects the AMC's commitment to making investment solutions more accessible. Focused entirely on the needs of investors, ICICI Prudential AMC combines investment expertise, ample resources, and strong processes to help investors achieve their financial goals. The company aims to enhance the investor experience through innovation, consistent performance, and a sustained approach to managing risk-adjusted returns.

List of ICICI Prudential Asset Management Company Limited in India

Fund Name

Rating

1Y Return

3Y Return

Fund Size (in Cr)

ICICI Prudential Infrastructure Fund Direct Plan Growth

4

25.71%

32.41%

₹6989.56 Cr

ICICI Prudential BHARAT 22 FOF Direct Growth

NA

15.79%

32.18%

₹2266.67 Cr

ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct Growth

NA

44.44%

25.94%

₹5044.63 Cr

ICICI Prudential India Opportunities Fund Direct Growth

NA

22.81%

25.84%

₹24785.97 Cr

ICICI Prudential Manufacturing Fund Direct Growth

NA

22.42%

24.59%

₹6699.08 Cr

ICICI Prudential Dividend Yield Equity Fund Direct Growth

NA

22.66%

23.95%

₹4783.44 Cr

ICICI Prudential Value Discovery Fund Direct Plan Growth

5

20.22%

21.84%

₹48987.78 Cr

ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth

NA

20.34%

21.63%

₹585.00 Cr

ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth

NA

23.67%

21.20%

₹1049.69 Cr

ICICI Prudential Large & Mid Cap Fund Direct Plan Growth

4

22.16%

21.00%

₹17694.45 Cr

ICICI Prudential Business Cycle Fund Direct Growth

NA

20.78%

20.82%

₹11880.48 Cr

ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth

NA

22.88%

20.75%

₹438.05 Cr

ICICI Prudential Focused Equity Fund Direct Plan Growth

5

26.98%

20.73%

₹9944.68 Cr

ICICI Prudential India Equity FOF Direct Growth

NA

22.78%

20.58%

₹150.04 Cr

ICICI Prudential MidCap Fund Direct Plan Growth

3

24.05%

20.46%

₹6368.52 Cr

ICICI Prudential Bharat Consumption Fund Direct Cumulative

NA

17.01%

20.33%

₹3225.41 Cr

ICICI Prudential Flexicap Fund Direct Growth

4

23.39%

20.03%

₹16856.97 Cr

ICICI Prudential Multicap Fund Direct Plan Growth

4

20.43%

19.74%

₹14193.16 Cr

ICICI Prudential Smallcap Fund Direct Plan Growth

2

14.66%

19.66%

₹8374.54 Cr

ICICI Prudential Multi-Asset Fund Direct Plan Growth

NA

18.31%

19.40%

₹50987.95 Cr

Key information about icici prudential mutual funds

Mutual fund name

ICICI Prudential Mutual Fund

Asset Management Company Name

ICICI Prudential Asset Management Company Limited

AMC Setup Date

12 Oct 1993

AMC Incorporation Date

22 Jun 1993

Sponsor Name

ICICI Bank Limited and Prudential Plc

Trustee Organisation

ICICI Prudential Trust Limited

CIO

Mr. S Naren

MD & CEO

Mr. Nimesh Shah

Compliance Officer

Mr. Rakesh Shetty

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How can you invest in icici prudential mutual funds Mutual Funds

To invest in icici prudential mutual funds Mutual Funds through the Lemonn App, you can follow these general steps:


Step 1 : Download the Lemonn App

If you haven't already, download the Lemonn App from the Google Play Store or Apple App Store.


Step 2 : Sign up / Log in

Sign up by providing your phone number and completing the basic registration process.

If you already have an account, simply log in.


Step 3 : Complete KYC

Before investing, ensure your KYC (Know Your Customer) verification is complete. Most mutual fund apps will guide you through this. You’ll need PAN, Aadhaar, and other necessary details.


Step 4 : Search for icici prudential mutual funds Mutual Funds

Once your KYC is done, search for the icici prudential mutual funds Mutual Fund schemes you're interested in by using the search bar.


Step 5 : Choose a Scheme

You will see a list of various funds under icici prudential mutual funds. Explore the options, check their performance, risk profile, and investment objectives.

Choose a scheme that aligns with your investment goals (e.g., equity, debt, hybrid funds).


Step 6 : Decide on the Investment Amount

You can either make a lump sum investment or set up a SIP (Systematic Investment Plan) to invest a fixed amount periodically.


Step 7 : Confirm the Investment

Enter the amount you wish to invest.

Review the details and confirm the payment method (Net Banking, UPI, etc.).

After making the payment, you will receive a confirmation of your investment.


Step 8 : Track Your Investment

You can track the performance of your icici prudential mutual funds Mutual Funds on the Lemonn App dashboard. It will show NAV, returns, and other key details.


If you need any assistance, the Lemonn App usually has customer support or chat options to help. Keep an eye on expenses like entry/exit loads and expense ratios to optimize returns!

Top Fund Managers

Mr. Sankaran Naren
Mr. Naren is the Chief Investment Officer at ICICI Prudential Asset Management Company Limited, a position he has held since 2008. He is an alumnus of the Indian Institute of Management, Calcutta, and an Engineering graduate from IIT Madras (now Chennai). With his extensive expertise in the Indian securities market, Mr. Naren has become a leading figure in the industry. In addition to his role as CIO, he has been an Executive Director of the company since 2016. Throughout his career, Mr. Naren has held several high-profile positions, including serving as the Chief Executive Officer at Yoha Securities and as a Director at HDFC Securities Ltd. His vast experience and deep understanding of the Indian equity market have significantly contributed to ICICI Prudential Mutual Fund's growth and success.

Mr. Mrinal Singh
Mr. Mrinal Singh is the Deputy Chief Investment Officer in charge of Equity at ICICI Prudential Asset Management Company Limited, a position he has held since joining the firm in 2008. With a strong educational background that includes a BE in Mechanical Engineering and a Post-Graduation from SP Jain Institute of Management and Research, Mr. Singh has built a diverse career across various sectors. He brings extensive experience in fields like automobiles, financial services, IT, and retail banking, with a specialization in the Indian securities and derivatives market. Before his tenure at ICICI Prudential, Mr. Singh held senior-level roles at Robert Bosch GmbH Motor Industries Co. Ltd and Wipro, contributing to his in-depth understanding of market dynamics and investment strategies.

Mr. Rahul Rai
Mr. Rai brings over 24 years of extensive experience in the securities and investments sectors. He currently serves as the Executive Vice President at ICICI Prudential Mutual Funds, where he heads the Real Estate Business. A trained Chartered Accountant with specialization in Cost Accountancy, Mr. Rai has held significant leadership roles in the real estate and financial management sectors. He has previously worked as a senior executive at PMS, SUN-Apollo Real Estate Advisors, and Arthur Andersen. Additionally, Mr. Rai has experience as a senior executive at Ernst and Young, contributing to his deep expertise in real estate management and investments.

Mr. Kayzad Eghlim
Mr. Eghlim, a seasoned expert in Exchange Traded Fund (ETF) products, currently holds the position of Vice President of Investments at ICICI Prudential Mutual Fund, where he also serves as a senior portfolio manager. With extensive experience in leadership roles across top-tier financial institutions, Mr. Eghlim’s expertise has been instrumental in enhancing the company’s ETF offerings. Under his strategic direction, ICICI Prudential Mutual Fund has seen significant growth in the number and variety of ETF products, catering to the evolving needs of investors seeking diverse and accessible investment solutions.

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FAQs

1.Should I invest in an ICICI Prudential Mutual fund scheme?

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Whether you should invest in ICICI Prudential Mutual Funds or not depends on your goals. In addition to assessing their returns over several timelines, evaluate the schemes based on risk, volatility, returns, the fund manager’s experience, and your own return expectations and risk tolerance.

2.How to Start an ICICI Prudential Mutual Fund SIP online?

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There are two ways to start an ICICI Prudential Mutual Fund SIP. For a hassle-free investing experience, you can invest in ICICI Prudential Mutual Fund SIP online through the Lemonn app. Alternatively, you can start investing in ICICI Prudential Mutual Fund SIP online through ICICI Prudential Mutual Fund AMC official website.

3.How to redeem ICICI Prudential Mutual funds Online?

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There are two ways of doing this. You can initiate your redemption request by Lemonn app. Alternatively, you can also redeem your investments by visiting the ICICI Prudential Mutual Fund AMC website.

4.How much time does it take to redeem the ICICI Prudential Mutual funds?

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The proceeds of equity, debt, and conservative hybrid funds are generally transferred to your registered bank account within 2-4 working days of the withdrawal initiation. Redemption of liquid funds takes 1-2 working days.

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