Asset Management Company of ICICI Prudential Mutual Fund:
ICICI Prudential Mutual Fund's Asset Management Company (AMC) is ICICI Prudential Asset Management Co. Ltd. The objective of ICICI Prudential Asset Management Co. Ltd. is to provide distribution of income and also capital appreciation to the shareholders by investing mainly in equity that is related to the shares of the companies that belong to the development of infrastructure and the rest in debt shares and instruments of money market that includes call money. The total asset of ICICI Prudential Asset Management Co. Ltd amounted to ` 4783.65 crores as on 31st December, 2007.
An overview of ICICI Prudential Mutual Fund:
ICICI Prudential Mutual Fund was set up in May, 1998 and it has the parentage of ICICI Bank as well as of Prudential plc.ICICI Prudential Mutual Fund has attained an important position in the Mutual Fund industry in India. This mutual fund company has started a large number of schemes so that it can meet the different investment needs of its investors.
The total assets under the management of ICICI Prudential Asset Management Co. Ltd. came to around ` 160 crores in May 1998. The total number of funds that ICICI Prudential Mutual Fund managed in December, 2007 was 35 and the total assets under its management stood at about ` 56,820.11 crores.
Various schemes launched by ICICI Prudential Mutual Fund are:
- ICICI Prudential Liquid Plan
- ICICI Prudential Long Term
- ICICI Prudential GILT Fund- Investment Option
- ICICI Prudential Flexible Income Plan
- ICICI Prudential Child Care Plan
- ICICI Prudential Monthly Income Plan
- ICICI Prudential Growth Plan
- ICICI Prudential Discovery Fund
- ICICI Prudential Infrastructure Fund
Major locations of the branch offices of ICICI Prudential Mutual Fund are:
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Last Updated 06/30/2011
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