ICICI Prudential Asset Management Co Ltd(ICICIAMC)

NSE: ICICIAMCBSE: 544658

₹ 2,655-2.31%refreshed 23 Oct, 03:30 pm ISTMarket cap: ₹ 1.31 L crWebsite: www.icicipruamc.comUpdated: 24 Oct 2026

About

ICICI Prudential Asset Management Company is India's second-largest mutual fund manager. It offers mutual funds, PMS, AIF and advisory services. Total mutual fund quarterly average AUM was ₹11,608.19 bn in Q2 FY27, up 14.4% YoY, with a 13.3% market share. It serves 17.8 mn unique customers through more than 118,000 distributors, and FY26 revenue was 6000.92.^[1][2][3]

AUM and market share

Total MF QAAUM was ₹11,608.19 bn in Q2 FY27, up 14.4% YoY, against industry QAAUM growth of 13.4%. Market share was 13.3%, vs 13.4% in Q1 FY27.^[2][1]
Equity schemes QAAUM was ₹6,591.81 bn in Q2 FY27, up 16.3% YoY, with a 13.7% market share, vs 14.0% in Q1 FY27.^[2][1]
Equity hybrid QAAUM was ₹2,288.58 bn in Q2 FY27, up 19.7% YoY, with a 26.4% market share, the highest in the industry.^[2]
In Q2 FY27, debt MF QAAUM fell 9.1% YoY, while liquid QAAUM grew 20.9% YoY and passive QAAUM grew 33.2% YoY.^[2]
Active MF QAAUM was ₹9,246.98 bn in Q1 FY27, up 15.1% YoY.^[1]

Alternates and specialist products

Alternates QAAUM was ₹809.65 bn in Q2 FY27, up 5.2% YoY: PMS ₹307.91 bn (up 21.4% YoY), AIF ₹242.60 bn and assets under advisory ₹259.14 bn.^[2]
SIF QAAUM was ₹49.48 bn in Q2 FY27, against an industry SIF QAAUM of ₹272.60 bn. In Q1 FY27 it was ₹26.78 bn, against an industry total of ₹135.84 bn.^[2][1]

Key operating metrics

Operating revenue yield was 0.53% in H1 FY27, vs 0.52% in Q1 FY27.^[2][1]
Operating margin was 0.37% of AUM in H1 FY27. For full-year FY26 it was 37.6 bps, vs 35.9 bps in FY25.^[2][1]
Return on equity was 77.7% in H1 FY27, vs 89.9% in Q1 FY27.^[2][1]
Alternates net yield was 97 bps on a 9M FY26 annualised basis; passive yield was approximately 9 bps.^[4]

Systematic flows and retail

Monthly systematic transactions were ₹46.72 bn in September 2026, vs ₹48.72 bn in June 2026.^[2][1]
Individual MAAUM was ₹7,206.99 bn in Q1 FY27, up 14.5% YoY.^[1]
95.7% of total MF purchase transactions were made on digital platforms in the nine months ended December 2025.^[4]

Customers and distribution

Unique customers were 17.8 million as of September 30, 2026, vs 15.5 million as of September 30, 2025.^[2]
As of Q2 FY27, the company had more than 118,000 distributors and 287 offices, including branches in Dubai and GIFT City.^[2]

International presence

The Dubai (DIFC) branch became operational after receiving regulatory approvals. It targets NRI and Middle East investors.^[4]
A retail fund management branch in GIFT City IFSC lets the company offer MF, ETF, AIF, PMS and advisory products there. Its first product, the Smart Navigator Fund, has launched.^[4]

Recent developments

Asset management rights for identified ICICI Venture Category II AIFs transferred effective April 1, 2026, for ₹1,079.4 mn. The funds cover private equity, early-stage PE and affordable real estate, with ₹46.28 bn of fee-paying committed AUM.^[1]
In Q2 FY27, operating revenue rose 16.3% YoY. Other income fell 76.5% YoY.^[2]
The non-cash ESOP/ESU charge is guided at ₹640 - 680 mn in FY27, ₹360 - 400 mn in FY28 and ₹180 - 220 mn in FY29.^[5]

Market Cap

₹1,31,226 Cr

High / Low

₹3,610 / 2,529

Stock P/E

37.1

Price / Book

24.6

Book Value

₹84

EPS

₹66.7

No. of Shares

49.43 Cr

ROCE

96.1%

ROE

79.1%

Sales

₹6,001 Cr

Net Profit

₹3,298 Cr

Promoter holding

85.6%

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