ICICI Prudential Mutual Fund

Established in 1993 as a joint venture between ICICI Bank and Prudential plc, ICICI Prudential Mutual Fund has grown to become one of India's largest asset management companies. With a diverse portfolio of over 140 mutual fund schemes, the company caters to a wide range of investor needs, including equity, debt, hybrid, and commodity funds. As of June 30, 2025, it managed assets worth approximately ₹9.83 lakh crore, serving over 1.19 crore investors across more than 290 locations in India. The company's offerings also include Portfolio Management Services and Real Estate Investment options, reflecting its commitment to providing comprehensive financial solutions. In May 2025, ICICI Venture Funds Management, a subsidiary of ICICI Bank, transferred its private equity and real estate fund management operations to ICICI Prudential Asset Management Company, aiming to consolidate investment services under one roof. This strategic move is expected to enhance the company's capabilities in managing a broader range of asset classes, including private equity. Despite the transfer, ICICI Venture continues to retain responsibilities related to advisory roles and management of residual funds. The completion of this deal is contingent on regulatory and other necessary approvals, as well as the signing of definitive agreements. The company's growth and strategic initiatives underscore its position as a significant player in India's financial services sector, dedicated to delivering value to its investors through a diverse and robust investment portfolio.