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ICICI Prudential Mutual Fund

Assets under management as on 30 Jun 2026
₹11,76,217.65Cr
In operation
32 years

About ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund is a joint venture between ICICI Bank and Prudential plc, the UK-headquartered insurance and savings group. The asset management company was incorporated in June 1993 and the joint venture began operating in 1998.

It is one of the two or three largest fund houses in India by assets under management, and runs one of the widest scheme ranges in the market - well over a hundred schemes across equity, debt, hybrid, index and solution-oriented categories. ICICI Prudential Trust Limited is the trustee.

Alongside mutual funds the AMC runs portfolio management services and international advisory mandates. Its scale means most Indian investors hold at least one of its schemes, often without having chosen the fund house deliberately.

Key information

Constitution, leadership and contact details as most recently reported. Senior personnel change - treat the names here as a starting point and confirm against the fund house’s own site.

Key information for ICICI Prudential Mutual Fund
Incorporated22-Jun-93
TrusteeICICI Prudential Trust Ltd
Fund typeJoint Venture Indian
CEOMr. Nimesh Shah
Managing DirectorMr. Nimesh Shah
Chief Investment OfficerAnish Tawakley,Sankaran Naren
Compliance officerMr. Rakesh Shetty
Head of operationsMr. Hemant Agarwal
Investor service officerRajen Kotak
AuditorS.R.Batliboi & Co. LLP
Websitehttps://www.icicipruamc.com
Phone022 26525000
Emailenquiry@icicipruamc.com
Registered addressOne BKC, A-Wing, 13th Floor,Bandra Kurla Complex,Mumbai 400051

Scheme documents

Factsheet, KIM, SID and SAI for this fund house, linked straight through to its own website.

View scheme documents

Frequently asked questions

Who holds my money when I invest with ICICI Prudential Mutual Fund?
Not the asset management company. ICICI Prudential Mutual Fund’s schemes are held in trust by ICICI Prudential Trust Ltd, which holds the assets on behalf of unitholders and supervises the AMC on their behalf. The securities themselves sit with an independent custodian, and your unit records are kept by a registrar and transfer agent - CAMS or KFintech for almost every fund house in India. The AMC decides what the schemes buy and sell; it never takes custody of your money.
How much money does ICICI Prudential Mutual Fund manage?
ICICI Prudential Mutual Fund managed ₹11,76,217.65Cr in assets as on 30 Jun 2026. Assets under management measure how much money a fund house has gathered, not how well it has managed it - a larger AUM is not evidence of better returns, and this figure is a snapshot rather than a live number.
When was ICICI Prudential Mutual Fund founded?
The asset management company was incorporated on 22-Jun-93. That makes it roughly 32 years old.
Who manages ICICI Prudential Mutual Fund?
Chief Executive Officer: Mr. Nimesh Shah. Chief Investment Officer: Anish Tawakley and Sankaran Naren. Senior personnel change, and a scheme’s track record belongs to whoever was managing it at the time - check the current fund manager and their tenure on the scheme’s own factsheet before reading much into past performance.
Is ICICI Prudential Mutual Fund regulated by SEBI?
Yes. Every asset management company operating in India is registered with SEBI under the SEBI (Mutual Funds) Regulations, 1996, and can only launch a scheme after filing its offer documents with the regulator. ICICI Prudential Mutual Fund is classified as joint venture indian. Disclosure, valuation, expense caps and advertising are all prescribed by the regulator rather than left to the fund house.
Where can I find ICICI Prudential Mutual Fund’s factsheet, KIM, SID and SAI?
On ICICI Prudential Mutual Fund’s own website - those are the authoritative, current filings. We keep a directory linking straight to all four documents for every fund house, which you can find under Scheme related documents.
What happens to my investment if ICICI Prudential Mutual Fund is sold or shuts down?
Your holdings are not at risk from a change of ownership. The schemes would be transferred to the acquiring asset management company or merged into comparable ones, under SEBI’s supervision. Unitholders are told in advance, and if a scheme’s fundamental attributes change as a result you get a window to exit without paying an exit load. Because the assets belong to the trust rather than to the company managing them, they do not move when the company does - several fund houses operating in India today were formed exactly this way.
Can I hold ICICI Prudential Mutual Fund schemes alongside funds from other AMCs?
Yes, and there is no advantage in concentrating with one fund house. Units from different AMCs sit in the same folio structure at the registrar level and can be tracked together. Choosing a scheme on its own merits - its mandate, its costs, who manages it - matters considerably more than keeping everything under one name.
What is the difference between ICICI Prudential Mutual Fund’s direct and regular plans?
Every scheme is offered in both. The direct plan carries no distribution cost; the regular plan does, which is why its total expense ratio is higher and its NAV differs. The underlying portfolio is identical - same holdings, same fund manager, same mandate. Where you buy determines which plan you get. Both plans’ expense ratios are printed on the scheme’s factsheet.
How should I judge whether ICICI Prudential Mutual Fund is right for me?
Look at the scheme rather than the house. A fund house sets the investment philosophy and the standards its schemes are run to, and it is reasonable to rule out one whose approach you disagree with - but what you actually own is a scheme, with its own mandate, its own expense ratio and its own fund manager. Assets under management, brand familiarity and the size of the sponsor tell you very little about future returns. The scheme information document is where the mandate, the costs and the risk factors are actually written down.
How do I contact ICICI Prudential Mutual Fund?
Website: https://www.icicipruamc.com. Phone: 022 26525000. Email: enquiry@icicipruamc.com. Registered office: One BKC, A-Wing, 13th Floor,Bandra Kurla Complex,Mumbai 400051.