ICICI Prudential Asset Management Company

“On SIF, we continue to see good traction, leading to quarterly average AUM of INR4,948 crores in Q2 FY27 versus INR2,678 crores in Q1 FY27.”

“For the September quarter end, our alternates quarterly average AUM stood at INR80,965 crores.”

“Our AIF quarterly average AUM stands at INR24,260 crores.”

“We've already got four strategies which we have which we are live and where we have AUM.”

“But the real scalable business will be the pre-leased offices.”

“If you see the average monthly sales, net sales is very similar. And if you see the SIPs, which are the ones which regular come in, the balances are also very similar. So, there is no growth from March to September in SIPs, but the balances are more or less same.”

“So, it is right now the customer is holding on to the assets as well as he is buying as much as he was buying earlier.”

“So digital channels, a lot of money is coming from B30 towns.”

“while there has been a growth in the SIP, but there has been a change in the composition of that SIP and we have seen a large increase in the small and mid-cap category in that.”

“Historically, what we have seen is that during market conditions, in some cases, investors tend to upfront their STPs also, which reduces the momentum and trigger-based flow.”

“For H1 FY27, our margins on an annualized basis stands at 67 basis points for equity, 32 basis points for debt, 12 basis points for liquid, 12 basis points for passive, and 29 basis points for arbitrage.”

“For H1 FY27, on an annualized basis, the gross yield on our PMS and AIF business was 1.92% and the net yield, that is after reducing the fees and commission expenses attributable to PMS and AIF business, was 0.96%.”

“Yield on assets under advisory was at 0.32%.”

“Operating expenses amounted to INR493 crores, which was an increase by 17.9% year-on-year and 6.2% quarter-on-quarter.”

“For H1 FY27, our gross yield and net yield on an annualized basis at the company level stood at 53 basis point and 48.8 basis point, respectively.”

“On the other bit, which is a bit more discretionary, we have been typically conservative in so far as our investment is concerned. We have higher allocations towards debt.”

“We do not have a very active strategy for other income.”

“See, of the other income, which is basically derived from, you know, the net worth which is invested, a lot of that investment also tracks the need of the seed money. So if you see, that is pretty much inflexible and that allocation happens irrespective of, any decision otherwise.”

“In this quarter, we launched NFOs of Balanced Hybrid Fund, Multi Asset Active Fund of Fund, Dynamic Asset Allocation Passive Fund of Fund, BSE Insurance ETF, and three Life Cycle Funds with a maturity of 5, 10, and 15 years, thereby further expanding our product bouquet.”

“During the quarter, the Board of the company had approved acquisition of PMS business from ICICI Securities Limited.”

“We see about approximately near to INR3,000 crores of AUM. And, you know, as and when those approvals are in place, then that money then that client base and the AUM would be migrated to our management.”

“We are in the process of obtaining requisite approvals and completion of necessary documentation.”

“So, we have launched three ideas: 2,031, 2,036 and 2,041, wherein we feel that lot and lot of new clients will join us during the course of for the long-term purpose, for their long-term goals, rather.”

“Additionally, the Board of Directors have declared an interim dividend of INR30 per share.”

“Other income of INR16.9 crores reduced when compared to previous quarter, primarily due to mark to market.”

“On the second point, as you are aware, that the change from TER to BER happened in the beginning of this financial year. So, that process of, you know, readjusting has already been done in the previous quarter.”

“It is an international money that we manage. And since last 1.5 years, we have had outflows in that.”

“One year back also, it was the same scenario where the pricing was similar.”

“Like, till now we have not allowed anybody to go short on that.”

“So last year also it was the same thing, no, where the bigger AMCs were gaining market share.”

“For the quarter ended September 2026, our total mutual fund quarterly average AUM reached to INR11.61 lakh crores, which is up 14.4% year-on-year, thereby maintaining our position as the second largest AMC with a market share of 13.3%.”

“As of September 30, 2026, we continued to maintain our leadership position in equity and equity-oriented schemes with a market share of 13.7% and a quarterly average AUM of INR6.59 lakh crores.”

“On a year-on-year basis, we grew by 16.3%, outperforming the industry growth rate.”

“The quarterly average AUM of equity-oriented hybrid schemes grew to INR2.29 lakh crores. This represents the largest market share of 26.4% as of 30th September 2026.”

“As of September 30, 2026, we have a unique customer base of 1.78 crores.”