ICICI Prudential AMC Q1 Profit Rises 23% To Rs 965 Cr; AUM Crosses Rs 11 Lakh Cr
ICICI Prudential Asset Management Company reported a 23.1 per cent year-on-year rise in net profit for the June quarter, supported by higher income and growth in assets under management.Net profit increased to Rs 965 crore in the first quarter of FY27 from Rs 784 crore in the corresponding period last year. Total income grew 17.6 per cent to Rs 1,564.2 crore from Rs 1,330.6 crore.
The asset manager recorded operating revenue of Rs 1,560 crore during the quarter, with an annualised revenue yield of 0.52 per cent.
Operating profit before tax rose 20 per cent year-on-year to Rs 1,100 crore. The company’s annualised operating profit before tax yield stood at 0.37 per cent.
ICICI Prudential AMC’s mutual fund quarterly average assets under management (QAAUM) climbed to Rs 11.17 lakh crore in Q1FY27 from Rs 9.44 lakh crore a year earlier. Its share of the mutual fund market stood at 13.4 per cent as of June 30, 2026.
Assets under actively managed mutual fund schemes increased to Rs 9.25 lakh crore from Rs 8.03 lakh crore, giving the company a market share of 13.5 per cent in the segment.
Equity and equity-oriented QAAUM rose to Rs 6.31 lakh crore from Rs 5.27 lakh crore in the year-ago quarter. The asset manager held a 14 per cent market share in the category.
The company’s equity-oriented hybrid schemes also expanded, with QAAUM increasing to Rs 2.22 lakh crore from Rs 1.77 lakh crore. Its market share in the segment stood at 26.6 per cent.
Assets in the alternatives business stood at Rs 79,446 crore. This included Rs 28,996 crore under portfolio management services, Rs 22,737 crore in alternative investment funds and Rs 27,713 crore of assets under advisory.
Monthly systematic transactions increased to Rs 4,872 crore in June 2026 from Rs 4,245 crore in the same month last year.
ICICI Prudential AMC’s unique customer base expanded to 1.73 crore as of June 30 from 1.51 crore a year earlier.
The company operated through a network of 286 offices, including branches in Dubai and GIFT City, and had more than 1.16 lakh distributors and 3,813 employees at the end of the quarter.
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