ICICI Prudential Mutual Fund is the largest asset management company (AMC) in the country(as per average assets under management as on 31 March 2018 of Rs. 305,739 Crores.
Video ICICI Prudential Mutual Fund
History
Origin
The AMC is a joint venture between ICICI Bank in India and Prudential Plc, one of UK's largest players in the financial services sectors.
With its Corporate Office based in Bandra Kurla Complex, Mumbai, India the AMC has witnessed substantial growth in scale; from 2 locations and 6 employees at the inception of the joint venture in 1998, to a current strength of more than 1000 employees with around 120 locations with an investor base of more than 1.9 million investors.
Maps ICICI Prudential Mutual Fund
Organisation
Key People
Board of Directors: Asset Management Company
- Ms. Chanda Kochhar - Chairperson
- Mr. Suresh Kumar
- Mr. Vijay Thacker
- Mr. N.S. Kannan
- Mr. C. R. Muralidharan
- Mr. Nimesh Shah
- Mr. Guy Strapp
- Ms. Lakshmi Venkatachalam
Management Team
- Mr. Nimesh Shah - Chief Executive Officer
- Mr. B Ramakrishna - Executive Vice President
- Mr. Raghav Iyengar - Executive Vice President & Head of Retail & Institutional Business
- Mr. Hemant Agarwal - Head of Operations
- Mr. Vivek Sridharan - Head of Institutional Business
- Mr. Amar Shah - Head of Retail Business
- Ms.Supriya Sapre - Head of Compliance & Legal
- Mr. Abhijit Shah - Head of Marketing, Digital & Customer Experience
- Mr. Amit Bhosale - Head of Risk Management
- Mr. Nikhil Bhende - Head of Human Resources
- Mr. Adil Bakhshi - Head of Public Relations & Communication
- Mr. Lalit Popli - Head of Information Technology
- Mr. Rahul Rai - Head - Real Estate Business
- Mr. Anish Tawakley - Head of Research.
Investment Management
- Mr. S. Naren - Chief Investment Officer
- Mr. Rahul Goswami - Chief Investment Officer- Fixed Income
- Mr. Rahul Rai - Head of Real Estate Business
Products & Services
The AMC manages significant Assets under Management (AUM) in the Mutual Fund segment across asset classes. 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.
Mutual Fund
The Mutual Fund caters primarily to retail investors.
Portfolio Management Services
The Portfolio Management Services allow high net worth investors to invest in a more concentrated portfolio aiming at higher returns. In the year 2000, ICICI Prudential AMC was the first institutional participant to offer the service, and has now got a successful track record of over 10 years.
Real Estate Business
The Real Estate division caters to high net worth investors and domestic institutional investors, with ICICI Prudential AMC starting the Real Estate Investment Series Portfolio in the year 2007.
Major Competitors
A few of the competitors for ICICI Prudential Mutual Fund in the mutual fund sector are HDFC Mutual Fund, Reliance Mutual Fund, SBI Mutual Fund, Birla Sun Life Mutual Fund & UTI Mutual Fund.
References
http://icicipruamc.com/docs/default-source/Press-Release/press-release---icici-prudential-mutual-fund-launches-the-medical-advantage-feature.pdf?sfvrsn=0
External links
- Official website
Source of article : Wikipedia
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