ICICI Prudential Asset Management Company Ltd

ICICI Prudential Asset Management Company Limited (ICICIAMC) reported its financial results for the quarter ended September 30, 2026. The mutual fund industry's quarterly average AUM grew by 13.4% year-on-year and 5.1% sequentially, reaching INR87.49 lakh crores. ICICIAMC's total mutual fund quarterly average AUM was INR11.61 lakh crores, up 14.4% year-on-year, maintaining its position as the second-largest AMC with a 13.3% market share. Active schemes held a 13.3% market share with INR9.59 lakh crores AUM, while equity and equity-oriented schemes had a 13.7% share with INR6.59 lakh crores AUM. Net flows for equity categories were INR1.06 lakh crores, a 7% reduction from the previous quarter. SIP contributions in September 2026 were INR32,490 crores, with monthly inflows remaining stable. The debt segment faced marginal AUM reduction, while passive AUM grew by 23% year-on-year. ICICIAMC's operating revenue was INR1,674 crores, up 16.3% year-on-year, with operating profit before tax at INR1,181 crores. The company declared an interim dividend of INR30 per share. In the alternates business, PMS AUM grew by 21.4% year-on-year to INR30,791 crores. The company also acquired PMS business from ICICI Securities, aiming to expand its client base and product offerings. For H1 FY27, gross yield on PMS and AIF was 1.92%, and net yield was 0.96%. The company emphasized its focus on long-term growth, with new product launches and strategic acquisitions.

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