ICICI Prudential AMC posted 18% revenue growth in Q2FY27 on higher mutual fund yields, while net profit rose 6% and equity market share declined amid competition
Top buyers in ITC's block deal on Thursday: Fidelity Advisor Series VIII-Fidelity Advisor Overseas Fund, ICICI Prudential MF, SBI MF, Nippon India MF and Citigroup Global Markets Singapore Pte.
The two fund houses bought LIC shares worth Rs 17,145 crore in August, while mutual funds together accounted for an estimated 76.5 per cent of the government's OFS.
According to BSE data, at 09:15 AM on Thursday, as many as 10.09 million equity shares representing 2.04 per cent of total equity of ICICI Prudential AMC changed hands.
According to MOFSL, ICICI AMC continues to strengthen its leadership position across active MFs while steadily expanding its presence in high-growth segments such as passives, SIFs, and alternatives.
The top AMCs, SBI Mutual Fund, ICICI Prudential Mutual Fund and HDFC Mutual Fund, saw an increase of 2.3 per cent, 3.1 per cent and 3.5 per cent, respectively in the equity value of their funds.
Asset managers say lower investor fees under the revised expense ratio regime were offset by commission recalibration, helping preserve margins in the June quarter
ICICI Prudential AMC remains well-positioned to benefit from rising retail participation, strong SIP traction and expanding market share across equity, hybrid and passive segments.
ICICI Prudential AMC stock hit a new high of ₹3,174.30 in Tuesday's intra-day trade and has zoomed 47 per cent against its issue price of ₹2,165 per share.
Analysts have been positive on AMC space, considering the levers of stable systematic investments and a better yield outlook now led by the passage of recent regulations on total expense ratio (TER).
ICICI Prudential AMC will list on exchanges on Friday, Dec 19. The initial public offering was subscribed 39.17 times on the final day. Qualified institutional investors led the subscription in the IP
Sensex Today | Stock Market Highlights, December 12, 2025: In the broader markets, the Nifty MidCap index advanced 1.18 per cent, and the Nifty SmallCap index 0.94 per cent
