Page 2 - Icici Prudential Mutual Fund

Should you continue holding SIPs in mid, smallcap funds or stop them?

Those significantly overweight on these categories must book profits to rein in exposure. A lot depends on your horizon and risk appetite

Prudential Plc mulls listing of ICICI Prudential Asset Management Company

Through the IPO, the London-headquartered financial major plans to divest some of its 49 per cent stake. Shares of Prudential rallied over 6 per cent after the announcement on London Stock Exchange

ICICI Bank to retain majority stake in ICICI Prudential Mutual fund

ICICI Bank on Wednesday said the bank intends to retain majority holding in ICICI Prudential Asset Management Company even though its joint venture partner plans listing and partial divestment of its stake in the fund house. ICICI Bank holds 51 per cent stake in ICICI Prudential Asset Management Company while remaining 49 per cent is with its joint venture partner UK-based Prudential PLC. "We take note of the announcement made today by our joint venture partner Prudential PLC with respect to a potential listing of and partial divestment of its stake in ICICI Prudential Asset Management Company, subject to market conditions, requisite approvals and other considerations," ICICI Bank said in a regulatory filing. The bank intends to retain its majority shareholding in ICICI Prudential Asset Management Company ensuring long-term commitment, it said. Prudential plc announced that it is evaluating a potential listing of ICICI Prudential Asset Management Company Ltd involving the partial .

ICICI Prudential Life's Q3 results: Net profit rises 43% to Rs 325.65 crore

In Q3 FY25, the solvency ratio of ICICI Prudential Life stood at 211.8 per cent, compared to 196.5 per cent in the same period last year

Pickup in consumption, capex key to earnings revival: ICICI Pru MF ED & CIO

Naren says investors should take a hybrid approach to navigate global uncertainties

Economy strong but equities face near-term challenges: ICICI Pru MF

The recent correction in the equity market, according to the asset manager, has eased multiples to an extent but valuations still remain high, especially in the midcap and smallcap space

ICICI Prudential Rural Opportunities Fund launched: Here are the details

The scheme will predominantly invest in sectors contributing to and benefiting from rural India's growth and development.

ICICI Prudential Bluechip Fund: Outrunning the herd, defying the ordinary

The fund's assets under management rose to Rs 66,207 crore as of September 2024, up from Rs 30,724 crore in September 2021

The market is irrational right now: ICICI Prudential AMC's Anish Tawakley

Tawakley talks about his hits and misses in 2024 as a fund manager, and the opportunities and key risks for the markets in the year ahead

NODWIN Gaming gets Rs 64 cr investment from parent Nazara Technologies

Company was valued at Rs 3,441 cr in Nov; has IP rights for events in esports, gaming, music

New ICICI Pru Fund focuses on large caps, low volatility for steady returns

The scheme opens on November 18, 2024, and closes on December 2, 2024.

ICICI Prudential Multi-Asset Fund turns Rs 10 lakh into Rs 7.5 cr in 22 yrs

The investment strategy spreads its money throughout several asset classes and market capitalizations in an effort to produce returns over a longer period of time. It allocates at least 10% of its ass

MFs explore new offerings as quality pack steals march on value stocks

WhiteOak Capital and ICICI Prudential have sought regulatory approval for a first-of-its-kind active quality fund

ICICI Prudential Mutual Fund unveils two passive funds: Check details

Both offerings fall under the smart beta category, focusing on a factor-based strategy to provide investors with a low-cost, value-driven investment approach

Munjal Auto gets tax demand notice of Rs 6.7 cr from Haryana GST authority

Munjal Auto Industries is among many companies hit with tax notices within the last week. The company intends to appeal the GST notice

ICICI Pru Life Insurance starts market-linked pension plan: Key features

Product allows customers to have 100% exposure to equity, unlimited free switches between equity, debt and balanced funds

Six firms including Citigroup Global buy stake in Netweb Tech for Rs 458 cr

Six entities, including Citigroup Global Markets Mauritius, ICICI Prudential MF and Societe Generale, on Friday acquired stakes in Netweb Technologies India for Rs 458 crore through open market transactions. As per the data available on NSE, Citigroup Global Markets Mauritius, Discovery Global Opportunity Mauritius, ICICI Prudential Mutual Fund, Invesco MF, Societe Generale and Union MF bought a total of 20,54,795 shares or 3.64 per cent stake in Netweb Technologies India. Shares were picked up at an average price of Rs 2,232.10 apiece, taking the combined deal value to Rs 458.65 crore. Meanwhile, four promoters -- Navin Lodha, Sanjay Lodha, Niraj Lodha and Vivek Lodha -- offloaded the same amount of shares at the same price on the National Stock Exchange (NSE). After the share sale by these promoters, the combined shareholding of promoters and promoter group entities in Netweb Technologies India will decline to 71.4 per cent from 75.04 per cent. Shares of Netweb Technologies Ind

ICICI Prudential Mutual Fund launches Nifty Metal ETF: Check details

The index is composed of up to 15 stocks selected from the Nifty 500, chosen for their market value to ensure broad representation within the sector

CPPIB sells stakes in Delhivery, Nykaa; Capital Group in Mankind

Canada Pension Plan Investment Board pared its holdings on Wednesday, in FSN E-Commerce Ventures (Nykaa) and Delhivery

ICICI Prudential MF launches India's first oil & gas ETF: Should you invest

Scheme tracks Nifty Oil & Gas TRI, an index that reflects the performance of companies in the oil and gas sector