ICICI Prudential Mutual Fund
ICICI Prudential Asset Management Company Limited is one of India’s largest and most reputed mutual fund houses. The company has over two decades of expertise in fund management. It boasts a solid investor base of over 62 lakh investors and an AUM (Assets Under Management) of INR 4,80,992.70 crores (as of 31st October 2021). ICICI MF offers 68 mutual fund schemes across categories like equity, debt, hybrid, sectoral/ thematic, fund of funds, ELSS, etc.
The primary objective of the ICICI Mutual Fund is to bridge the gap between investment and savings. It aspires to create long-term wealth through convenient and investor-friendly investment solutions. Investors can invest in ICICI Prudential mutual fund schemes both online and offline in India.
Top 10 ICICI PRUDENTIAL Mutual Fund Schemes to Invest in –
Fund Size (in Cr)
|ICICI Pru Technology Fund – Direct Growth||Equity||Very High||19.09||-||8,478|
|ICICI Pru Technology Fund – Direct (IDCW)||Equity||Very High||19.09||4||8,478|
|ICICI Pru Liquid Fund – Direct (IDCW-M)||Debt||Moderate||3.18||-||39,902|
|ICICI Pru Overnight Fund – Direct (IDCW-M)||Debt||Low||3.35||-||12,781|
|ICICI Pru Smallcap Fund – Direct Growth||Equity||Very High||24.76||3||3,620|
|ICICI Pru Smallcap Fund – Direct (IDCW)||Equity||Very High||24.75||2||3,620|
|ICICI Pru P.H.D Fund – Direct (IDCW)||Equity||Very High||-4.88||-||2,392|
|ICICI Pru P.H.D Fund – Direct Growth||Equity||Very High||-4.90||-||2,392|
|ICICI Pru Thematic Advantage Fund (FOF)-Dir Growth||Other||Very High||12.81||-||533|
|ICICI Pru Value Discovery Fund – Direct Growth||Equity||Very High||19.89||4||23,527|
ICICI Prudential AMC is a joint venture of ICICI Bank, one of India’s largest private sector banks, and Prudential Plc., one of the largest financial services companies in the United Kingdom. ICICI Bank has consolidated net assets worth INR 14.76 trillion and boasts of a network of 5,228 branches and 15,158 ATMs all over India (as of 30th September 2020). Prudential Plc. is an Asia-centric financial services company focusing on structural growth markets. The firm has over 20 million customers and is listed on Hong Kong, London, New York, and Singapore stock exchanges.
Besides offering mutual fund schemes to investors, ICICI Prudential AMC offers Portfolio Management Services and Equity Alternative Investment Funds for big financial institutions, banks, and retail investors. The company also offers International Advisory Mandates for offshore markets in equity, debt, and real estate.
ICICI Prudential AMC has witnessed a massive jump in its scale of operations. From just six employees at two locations in 1998 to 1,855 employees at more than 350 locations, the company has become a force to reckon with in the Indian mutual funds’ sphere.
ICICI Prudential AMC is headed by Mr Puranam Hayagreeva Ravikumar, Chairman and Independent Director, Mr Nimesh Shah, Managing Director and Chief Executive Officer, and Mr Sankaran Naren, Executive Director and Chief Information Officer. In the financial year 2020-21, the AMC won the coveted title of the ‘Best Fund House’ at Morningstar Awards 2021. It also received awards at Refinitiv Lipper Fund Award 2020 and Buzzin Content Awards. ICICI Prudential AMC’s Profit After Tax (PAT) for 2020-21 was INR 1,715 thousand, against INR 967 thousand in 2019-20. Its basic and diluted Earnings Per equity Share (EPS) grew to 17.04 from 9.61.
ICICI Prudential Asset Management Company Limited – Key Information
|Mutual Fund Name||ICICI Prudential Mutual Fund|
|Founded on||13th October 1993|
|Sponsor Name||Prudential Plc and ICICI Bank Ltd.|
|Trustee Company||ICICI Prudential Trust Ltd.|
|Chairman and Independent Director||Mr Puranam Hayagreeva Ravikumar|
|Managing Director and Chief Executive Officer||Mr Nimesh Shah|
|Executive Director and Chief Information Officer||Mr Sankaran Naren|
|Board of Directors||Mr Puranam Hayagreeva Ravikumar
Mr Jyotin Mehta
Mr Ranganayakulu Jagarlamudi
Mr Lakshman Kumar Mylavarapu
Mr Pramod Rao
|Registered Office||12th Floor, Narain Manzil, 23, Barakhamba Road, New Delhi – 110 001. CIN: U74899DL1993PLC054134|
|Corporate Office||One BKC 13th Floor,
Bandra Kurla Complex,
Mumbai – 400051.
|Contact Information||Tel: +91 22 2652 5000,
Fax: +91 22 26528100,
|Registrar and Transfer Agent||3i Infotech Limited International Infotech Park,
Vashi Railway Station Complex,
Navi Mumbai 400 703.
|Statutory Auditors||M/s. BSR & Co. LLP, Chartered Accountants (Registration no. 101248W/W-100022)|
How to Invest in ICICI PRUDENTIAL Mutual Funds on 5paisa?
You can invest in any ICICI PRUDENTIAL Mutual fund schemes via 5paisa App & Website.
You need to have an All-in-one account with 5paisa to start your mutual fund investments. If you do not have one, open an account today! Opening All-in-one account with 5paisa is simple and hassle-free
Below are the steps to invest in ICICI PRUDENTIAL Mutual Fund on 5paisa –
Step 1 – Login to 5paisa. If you do not have an account, you can register and create a new one right away.
Step 2 – Once logged in to your account, you can search for the preferred ICICI PRUDENTIAL Mutual fund scheme. Alternatively, you can view All Mutual Funds and choose ICICI PRUDENTIAL AMC from the filter.
Step 3 – Select the Best fund according to your criteria.
Step 4 – If you wish to invest a lumpsum amount, click on “One-Time”. Alternatively, you can start an SIP by clicking on “Start SIP”.
Step 5 – Once you have made the payment, you will see the investment status in your orderbook.
Your ICICI PRUDENTIAL Mutual Fund Online Investment with 5paisa is complete and you can enjoy the returns!
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ICICI Prudential Asset Management Company Limited – Top Fund Managers
Mr Jitendra Arora
Jitendra Arora, PGDM, BMS, joined ICICI Prudential AMC in April 2007 as Vice President. In April 2011, he was promoted to Senior Vice President. Since 2015, he has been working as an Executive Vice President and Fund Manager. He has managed AUM worth US$ 10 billion. Mr Arora’s specialities include treasury management, investment management, product development, financial risk management, actuarial, and fund management. Mr Arora manages some of the best-performing equity funds at ICICI Prudential MF.
Mr Gautam Sinha Roy
Mr Gautam Sinha Roy, MBA (Finance, Strategy), B.Eng. Chemical Engineering, CFA Level III, joined ICICI Prudential MF in June 2019 and is the Senior Vice President (Equity). He has experience of over eighteen years and manages an equity AUM of over US$ 2.5 billion. Before joining ICICI Prudential MF, he worked for Motilal Oswal Mutual Fund, Motilal Oswal Securities Ltd, IIFL Capital Pte. Ltd., Mirae Asset Global Investments (India) Pvt. Ltd., Edelweiss capital, and General Electric.
Mr Prateek Pareek
Mr Prateek Pareek is a Chartered Accountant and Company Secretary. He works as the Chief Manager and Fund Manager at ICICI Prudential MF. He joined the company in December 2017. Prior to this, he worked with Anand Rathi Securities as an Equity Research Analyst, EY as an Associate, and PwC as an Associate. He has over twelve (12) years of experience in the Indian equity markets.
Ms Vidya Iyer
Ms Vidya Iyer, MBA, joined ICICI Prudential MF as Senior Fund Manager in April 2009. Her current designation is Vice President and Fund Manager, ICICI Prudential Asset Management Company Limited. Before joining the company, she served J.P. Morgan as an Associate. Ms Iyer’s experience spans over thirteen (13) years in fund management and credit. She also holds a certificate in Financial Risk Management from the Global Association of Risk Professionals.