ICICI Prudential Mutual Fund is an Indian asset management company founded in 1993 as a joint venture between ICICI Bank and Prudential plc.[4] It is the second-largest asset management company in India after the SBI Mutual Fund.[5][6]
The company was founded in 1993 as a joint venture between Indian ICICI Bank and UK insurance company Prudential plc. By 1998, it had two locations and six employees.
ICICI Prudential Mutual Fund's corporate headquarters are in the
As of September 2018, ICICI Pru MF, with an average assets under managements of Rs. 468,192.92 Crores, has been a major contributor to shaping India's CRISIL rating system.
The asset management company (AMC) manages significant Assets Under Management (AUM) in the Mutual Fund segment across asset classes in India. The AMC also caters to Portfolio Management Services and Real Estate Division for investors, spread across the country, along with International Advisory Mandates for clients across international markets.[8][9]
ICICI Prudential Mutual Fund have major competition with SBI Mutual Fund and UTI Mutual Fund.
