ICICI Prudential Asset Management Company Ltd. Company History and Annual Growth Details

Our Company was incorporated as ‘ICICI Asset Management Company Limited’ as a public limited company under the Companies Act, 1956, pursuant to the certificate of incorporation dated June 22, 1993, issued by the RoC. Our Company changed its name from ‘ICICI Asset Management Company Limited’ to ‘Prudential ICICI Asset Management Company Limited’ pursuant to the Board resolution dated November 24, 1997* and the Shareholders’ resolution dated March 9, 1998, further to which a fresh certificate of incorporation dated March 26, 1998, was issued by the RoC. Subsequently, our Company changed its name from ‘Prudential ICICI Asset Management Company Limited’ to ‘ICICI Prudential Asset Management Company Limited’, pursuant the Board resolution dated December 12, 2006* and the Shareholders’ resolution dated December 13, 2006, further to which a fresh certificate of incorporation dated January 17, 2007, was issued by the RoC.

Major Events and Milestones:

1998

- Commencement of a joint venture arrangement between ICICI Bank Limited and Prudential Corporation Holdings Limited.

2000

- Received SEBI license for portfolio management services

2007

- Crossed 1.0 million investor base

- Crossed ?500.0 billion mutual fund AUM

2013

- Crossed ?1,000.0 billion mutual fund AUM

2017

- Crossed ?1,000.0 billion of equity mutual fund AUM

- Crossed ?3,000.0 billion mutual fund AUM

2019

- Crossed 5.0 million investor base

2021

- Launch of ‘ICICI Prudential Corporate Credit Opportunities Fund AIF-I’ by ICICI Prudential Debt Fund

2022

- Became the second largest AMC in terms of QAAUM (Source: CRISIL Report)

2023

- Crossed 10.0 million investor base for mutual fund investors

- Crossed ?3,000.0 billion of equity mutual fund AUM

- Crossed ?6,000.0 billion mutual fund AUM

- Crossed ?100.0 billion PMS AUM

2024

- Crossed ?200.0 billion PMS AUM

- Crossed ?5,000.0 billion of equity mutual fund AUM

2025

- Crossed closing AUM milestone of ? 9,000.0 billion in April 2025

- Crossed closing AUM milestone of ? 10,000.0 billion in July 2025

- Crossed 15.0 million investor base for mutual fund investors in July 2025.