ICICI Prudential Mutual Fund

Overview of ICICI Prudential Mutual Fund

ICICI Prudential Asset Management Company Ltd. is a pioneer asset management company (AMC) in the country which aims to bridge the gap between savings and investments, thereby generating long-term wealth for investors by offering them a range of simple and prominent investment solutions.

ICICI Prudential Asset Management company came up in existence as a result of the joint venture between ICICI Bank of India and Prudential Plc of UK and was incepted in 1998. Across these years of the joint venture, the company has constructed a position of pre-eminence in the Indian Mutual Fund Industry.

The AMC manages important Assets Under Management(AUM) in the mutual fund space. The AMC also embarked itself in serving Portfolio Management Services for investors, spread across the country, along with International Advisory Mandates for clients throughout International markets in asset classes such as Debt, Equity, and Real Estate.

The AMC has also observed considerable growth in scale, from 2 locations and 6 employees at the time of inception of the joint venture in 1998, to a current strength of 1476 employees with a presence in over 162 locations which has reached out to an investor base of more than 2.5 million investors. Overall, the company's growth has gained enormous momentum with an increasing accessibility for its investors and more to come.

Board of Directors for ICICI Prudential Asset Management Company Ltd.

The list of board of directors are as under:

1. AMC Directors

• Ms. Chanda Kochhar (Chairperson)
• Mr. Suresh Kumar (Member on the Boards of a number of offshore private equity firms)
• Mr. N.S. Kannan (Executive Director of ICICI Bank)
• Mr. C.R Muralidharan (Former Whole-Time Member of Insurance Regulatory and Development Authority, Hyderabad (IRDA))
• Mr. Nimesh Shah (Managing Director & CEO)
• Mr. Guy Strapp (Chief Executive of Eastspring Investments)
• Ms. Lakshmi Venkatachalam (Former Vice President for Private Sector and Co-financing Operations in the Asian Development Bank)
• Mr. S. Naren (Executive Director and Chief Investment Officer)
• Mr. Ved Prakash Chaturvedi (Former member of the founding team at CRISIL)
• Mr. Dilip Karnik (Independent Director on the Boards of ICICI Securities Primary Dealership Limited and I ICICI Prudential Life Insurance Company Limited)

2. Trustee Directors

• Mr. M.N Gopinath (Chairman)
• Mr. Vinod Dhall (Former acting Chairman of the Competition Commission of India (CCI))
• Mr. Sandeep Batra (Founder member of ICICI Prudential Life Insurance team)
• Mr. Radhakrishnan Nair (Former SEBI Executive Director)
• Mr. Lakshman Kumar Mylavarapu (Member of the Institute of Company Secretaries of India and Indian Institute of Bankers)

Registrar

The registrar of ICICI Prudential Asset Management Company Pvt. Ltd is Computer Age Management Services Pvt. Ltd.

Fund Managers

The fund managers are classified under two broad categories:

1. Equity Fund Managers

• Mr. Sankaran Naren
• Mr. Ihab Dalwai
• Mr. Rajat Chandak
• Mr.Mrinal Singh
• Mr. George Heber Joseph
• Mr. Atul Patel
• Mr. Ashwin Jain
• Mr. Rohan Maru
• Mittul Kalawadia
• Mr. Vinay Sharma
• Mr.Yogesh Bhatt
• Mr. Chintan Haria
• Mr. Kayzad Eghlim
• Mr.ShalyaShah

2. Debt Fund Managers

• Mr. Manish Banthia
• Mr. Rohan Maru
• Mr. Rahul Goswami
• Ms. Chandni Gupta
• Mr. Nikhil Kabra
• Anuj Tagra
• Mr. Rahul Bhuskute
• Mr. Shadab Rizvi
• Mr. Ritesh Lunawat
• Mr. Akhil Kakkar
• Mr. Rahul Bhuskute

3. Overseas Investment Fund Manager

• Mr. Ihab Dalwai
• Shalya Shah( For Investment in ADR/GDR/Foreign Securities)

Products offered by ICICI Prudential Mutual Fund

1. Equity Funds

Equity funds offered by ICICI Prudential invest directly in the stock markets. It aims to provide the potential for high growth and returns with medium to high risk by investing in shares. Such schemes are managed either actively or passively through index funds and are ideal for those investors who have a long-term investment horizon.

The following are the list of Equity Funds offered by ICICI Prudential Mutual Fund:

• ICICI Prudential Dynamic Plan
• ICICI Prudential Focused Bluechip Equity Fund
• ICICI Prudential Value Discovery Fund
• ICICI Prudential Infrastructure Fund
• ICICI Prudential Child Care Plan(Gift)
• ICICI Prudential Long Term Equity Fund(Tax Saving)
• ICICI Prudential Equity Income Fund
• ICICI Prudential Multicap Fund
• ICICI Prudential Technology Fund
• ICICI Prudential Blended Plan A
• ICICI Prudential US Bluechip Equity Fund
• ICICI Prudential Top 100 Fund
• ICICI Prudential MidCap Fund
• ICICI Prudential Export and Other Services Fund
• ICICI Prudential Equity Arbitrage Fund
• ICICI Prudential Dividend Yield Equity Fund
• ICICI Prudential Balanced Advantage Fund
• ICICI Prudential Indo Asia Fund
• ICICI Prudential FMCG Fund
• ICICI Prudential Banking and Financial Services Fund
• ICICI Prudential Select Large Cap Fund
• ICICI Prudential Nifty Index Fund
• ICICI Prudential Nifty Next 50 Index Fund

2. Balanced Funds

These funds endeavour to bridge the gap between equity and debt schemes. The portfolio composition of this fund is made up of a mix of equity stocks and bonds and that will accommodate those investors who are looking for a debt plus returns with higher levels of risk as compared to fixed income schemes.

The following are the list of Balanced Funds offered by ICICI Prudential Mutual Fund:

• ICICI Prudential Child Care Plan(Study)
• ICICI Prudential MIP 25
• ICICI Prudential Monthly Income Plan
• ICICI Prudential Balanced Fund
• ICICI Prudential Regular Income Fund

3. Debt Funds

These funds are designed to invest in bonds and other debt instruments. They are primarily meant for wealth building purposes while preserving the initial investment. These funds are suitable to those who wish to maximize their current income assuming low to moderate risk levels.

The following are the list of Debt Funds offered by ICICI Prudential Mutual Fund:

• ICICI Prudential Flexible Income Plan
• ICICI Prudential Savings Fund
• ICICI Prudential Ultra Short Term Plan
• ICICI Prudential Liquid Plan
• ICICI Prudential Short Term Plan
• ICICI Prudential Money Market Fund
• ICICI Prudential Income Plan
• ICICI Prudential Gilt Fund Investment Plan-PF Option
• ICICI Prudential Gilt Fund Treasury Plan-PF Option
• ICICI Prudential Long Term Plan
• ICICI Prudential Short Term Gilt Fund
• ICICI Prudential Corporate Bond Fund
• ICICI Prudential Long Term Gilt Fund
• ICICI Prudential Income Opportunities Fund
• ICICI Prudential Dynamic Bond Fund
• ICICI Prudential Regular Savings Fund
• ICICI Prudential Banking And PSU Debt Fund
• ICICI Prudential Fixed Maturity Plan (FMP)
• ICICI Prudential Multiple Yield Fund (MYF)
• ICICI Prudential Capital Protection Oriented Fund
• ICICI Prudential Constant Maturity Gilt Fund

4. Fund of Funds

These funds are meant to invest in other mutual funds, and is designed to accommodate the varied needs of different categories of investors depending upon their risk appetite, return expectations, and investment goals. It gives the benefit of diversification to investors by investing across a variety of fund categories.

The following are the list of Fund of Funds offered by ICICI Prudential Mutual Fund:

• ICICI Prudential Global Stable Equity Fund
• ICICI Prudential Advisor Series - Long Term Savings Plan
• ICICI Prudential Advisor Cautious
• ICICI Prudential Advisor Moderate
• ICICI Prudential Advisor Very Aggressive
• ICICI Prudential Regular Gold Savings Fund
• ICICI Prudential Advisor Series - Dynamic Accrual Plan

5. Exchange Traded Funds

The exchange traded funds are instruments that track an index, a commodity or a basket of assets very closely as possible and trade like shares on a stock exchange. These instruments are backed by physical holdings of the commodity and invest in stocks of companies, currencies, and precious metal. The advantage of these funds is the flexibility to buy and sell the units throughout the day on an exchange.

The following are the list of Exchange Traded Funds offered by ICICI Prudential Mutual Fund:

• ICICI Prudential Sensex iWIN ETF
• ICICI Prudential NIFTY iWIN ETF
• ICICI Prudential Gold iWIN ETF
• ICICI Prudential NV20 iWIN ETF
• ICICI Prudential Nifty 100 iWIN ETF
• ICICI Prudential Midcap Select iWIN ETF
• ICICI Prudential Nifty Low Vol 30 iWIN ETF

Disclaimer: Mutual Fund Investments are subject to market risks, read all scheme related documents carefully before investing.