ICICI Prudential Mutual Fund

AUM 771412 Cr
(As on Apr 2024)
No. of schemes 120
 
Name
ICICI Prudential Asset Management Company Limited
AUM
771412 Crores
Founded
13 October 1993
Incorporation Date
22 June 1993
Sponsor
Prudential Plc and ICICI Bank Ltd.
CIO
Mr. S Naren
MD & CEO
Mr. Nimesh Shah
Contact Number
022-26525000
Email Id
enquiry@icicipruamc.com
Website
www.icicipruamc.com
Trustee
ICICI Prudential Trust Ltd.
Office Address
One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051

ICICI Prudential Mutual Fund is one of India’s top 2 largest Asset Management Companies. It is one of the oldest and most profitable Mutual Funds. Most of their offerings are rated “AAAmfs”, which indicates a high degree of confidence and reliability. ICICI Prudential was set up in 1993 with ICICI Bank and Prudential Plc acting as partners. The Prudential Group is one of the world’s oldest, largest and most influential insurance companies. ICICI Prudential Mutual Fund has played a major role in setting up the CRISIL rating system in India. As a CIBIL score determines the creditworthiness of an individual, the CRISIL score determines the health of Mutual Funds in India. According to statistics made available as of 30th September 2018, the Average Assets Under Management or AAUM of ICICI Pru Mutual Fund, as it is also known, is Rs 468196.92 Crore. It is managed by the trustees of the ICICI Prudential Trust Ltd and is over 30 years old. The Mutual Fund was set up and incorporated in the same year- 1993. As of 31 March, 2023, it manages assets worth over Rs. 5.1 Lakh Crore. The organisation has some of the best-known fund managers in the business, and it is growing at a rapid pace. ICICI Prudential Mutual Fund is headquartered in Mumbai and provides a wide array of funds designed to fit every socioeconomic bracket. You can deposit a lump sum or start a SIP with ICICI Prudential via Groww with minimal documentation and in a very short period of time. Prudential Group has plans to offload 3.7% of its stake in the Mutual Fund to pare down its shareholding pattern to below 25% as per SEBI rules.

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Key Information

Mutual Fund Name ICICI Prudential Mutual Fund
Inception Date Oct 12, 1993
Trustee Organisation ICICI Prudential Trust Ltd
MD and CEO Nimesh Shah
Chief Investment Officer Sankaran Naren
Investors Relations Officer Rajen Kotak
AUM Updated On Dec 31, 2023

Documents required to invest

The documents for KYC (Know Your Client) include proof of address and proof of identity. Here is a list of officially valid documents (OVD) admissible.

PROOF OF IDENTITY

    • PAN Card (Mandatory)
    • Voter ID Card
    • Driving License
    • Passport
    • Aadhaar Card
    • Any other valid identity card issued by Central or State Government

PROOF OF ADDRESS

    • Voter ID Card
    • Driving License
    • Passport
    • Ration Card
    • Aadhaar Card
    • Bank account statement or bank passbook
    • Utility bills like electricity or gas bills

Customer Care Details

For any query regarding any schemes offered by ICICI Prudential Mutual Fund, please contact at the following address:
Registered Address One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai – 400051. Branch Timing (9 am – 6 pm)
Email N.A.

Top Fund Managers

Here are the top minds behind one of India’s highest performing Mutual Funds. 1. Mr. Sankaran Naren Naren is currently the Chief Investment Officer of ICICI Prudential Asset Management Company Limited since 2008. He is an alumnus of the Indian Institute of Management, Calcutta and is an Engineering graduate from IIT Madras (now Chennai). He is a tried and tested expert of the Indian securities market. He is also an Executive Director of the company since 2016. Mr Naren has served in many high-profile jobs across the spectrum over his many years in the Indian securities market. Previously, he was Chief Executive Officer at Yoha Securities. He was also a Director of HDFC Securities Ltd. With a lifetime spent in exploring the various facets of the Indian equity market, Naren brings an extensive repertoire to ICICI Pru Mutual Fund. In his capacity as the Head of Research at Refco Sify Securities India Pvt. Ltd in the past, he has had a considerably varied career. He currently handles two of the highest profile funds at ICICI Prudential: the ICICI Prudential Top 100 Fund and the ICICI Prudential Dynamic Plan. Both these plans are among the top 10 funds in the market in their cap range. 2. Mr. Mrinal Singh Mrinal Singh is currently the Deputy Chief Investment Officer in charge of Equity at ICICI Prudential Asset Management Company Limited. He joined the corporation in 2008. His educational credentials include a BE in Mechanical Engineering and also a Post-Graduation in SP Jain Institute of Management and Research. Mr. Singh has extensive experience across multiple specialties and sub-specialties like automobiles, financial services, IT and retail banking. He is a specialist in the Indian securities and derivatives market. Before joining ICICI Prudential Mutual Funds, he was involved in senior-level positions at Robert Bosch GmbH Motor Industries Co. Ltd and Wipro. Mr. Singh has core competencies in portfolio management and detailed sector-based analysis. He is credited with turning around many of ICICI Prudential’s Blue Chip stocks. 3. Mr. Rahul Rai Mr. Rai has over 24 years of experience in the securities and investments sectors. He is currently the Executive Vice President while heading the Real Estate Business at ICICI Prudential Mutual Funds. He is a trained Chartered Accountant and is a specialist in Cost accountancy. Rai is a senior executive at the real estate management firm PMS and has also worked in multiple SUN-Apollo Real Estate Advisors besides Arthur Anderson. Rai is also a former senior executive of Ernst and Young. Mr. Rai is an expert in taxation, real estate investments and emerging markets. 4. Mr. Kayzad Eghlim Mr. Eghlim is a senior expert in ETF products. He is also the Vice President of Investments and a very senior Portfolio manager. Mr Eghlim has been a senior executive in numerous other top-notch companies in the past as well. With him on-board, ICICI Prudential Mutual Fund has seen a rise in the number of ETF products in recent months.

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