Background

ICICI Prudential Asset Management Company Ltd (ICICI Prudential AMC) was incorporated in 1993. The company is a JV between ICICI Bank and Prudential Plc. The AMC’s custodian is HSBC Bank.

Business Profile

ICICI Prudential AMC offers a range of mutual fund schemes for individuals and institutions. It has special sector specific schemes along with portfolio management services. Some of the schemes introduced by the company include ICICI Prudential Equity and Derivatives Fund, Sensex Prudential ICICI Exchange Traded Fund, ICICI Prudential Emerging S.T.A.R. Fund and so on. In FY08, the company launched various new schemes like Fixed Maturity Plan Series 33, ICICI Prudential Fusion Fund Series & so on.