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ICICI Mutual Fund
September 28 , 2012

ICICI Mutual Fund, launched in 1994 is one the oldest mutual funds in India. ICICI Prudential Asset Management Company Ltd. is a joint venture between ICICI Bank and Prudential Plc of UK. The first five years of its existence ICICI went alone and then went ahead with the joint venture.

The AMC is lead by well known fund managers like Sankaran Naren and Chaitanya Pande. On the budding list are the likes of Punit Mehta and Mrinal Singh. It is the third largest AMC in India by AMC.

From the house of ICICI Mutual Fund have come a number of schemes that have increased wealth for many investors. The AMC manages 46 equity, debt and hybrid schemes. It is held as a good fund house for its debt products. Best equity schemes include ICICI Prudential Focused Bluechip, ICICI Prudential Dynamic and ICICI Prudential Discovery.

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