What we do ICICI Prudential Asset Management is an investment manager offering mutual funds, portfolio management, alternative investment funds, and advisory services for long-term wealth creation. |
Founded in 1,993 |
Market share Largest number of mutual fund schemes in India with category-leading funds by QAAUM, dominating key market segments. |
Problem solved Provides diverse savings and investment products addressing various objectives and risk appetites, enabling financial growth and income accrual. |
Top clients or who we serve Retail and institutional investors in India and offshore; B2C and B2B focused in mutual funds and advisory services. |
Key management Nimesh Shah (MD & CEO) with extensive industry experience leading the company’s growth trajectory. |
Our journey and innovations Incorporated in 1993, rebranded thrice; joint venture since 1998; expanded into PMS, AIF, offshore advisory; category leaders in multiple fund segments. |
Where we operate Primarily India with emerging offshore advisory services; revenue dominated by domestic operations. |
Top products or what we offer Mutual funds (equity, debt, passive), portfolio management services, alternative investment funds, and advisory services to offshore clients. |
Top brands ICICI Prudential Large Cap Fund (#1 category leader), India Opportunities Fund, Asset Allocator Fund, Value Fund, Multi Asset Fund. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely recurring from management fees and advisory services. |
Our industry position Market leader in mutual fund schemes, top AUMs in multiple categories, strong presence in PMS and AIF segments. |
Financial highlights FY2025 revenue Rs 4977.33 Cr, net profit Rs 2650.66 Cr; strong growth in income and profitability year-on-year. |
Geographical revenue split Domestic revenue Rs 4576.7 Cr; overseas Rs 106.08 Cr, majority revenue from India. |
Order book - |
Whats driving growth Rising mutual fund adoption, expanding PMS and AIF offerings, regulatory support, and growing offshore advisory clients. |
Our future plans Initial public offering approved; plans to expand fund offerings and increase market penetration. |
Our green promise Corporate Social Responsibility focused on sustainable livelihood, environment, healthcare through ICICI Foundation. |
Our people and values Robust governance with diverse board committees; culture emphasizing compliance, transparency, and employee well-being. |
Key challenges ahead Market volatility, regulatory changes, competition in asset management, sustaining growth post-IPO. |
Interesting facts Managed largest number of mutual fund schemes in India with 135 funds as of FY2025. |
Risks and strategy Mitigates market and regulatory risks via diversified offerings, strong governance, and focus on innovation to sustain leadership. |
