Indian Insurance Industry News & Updates - Mutual Funds / AMCs
ICICI Prudential AMC issue booked 72% on Day 1
The initial public offering (IPO) of ICICI Prudential AMC, the second-largest mutual fund house by assets, was subscribed 72% on the first day of the bidding on Friday.
SIP flows steady; active equity AUM climbs to ₹44.4 lakh crore in November
New Delhi: India's mutual fund industry witnessed a rebound in equity inflows in November 2025, supported by steady systematic investment plan (SIP) contributions and a recovery in lump-sum investments, according to a sector update by Nuvama Research. Monthly SIP inflows remained robust at ₹29,400 crore, broadly flat on a month-on-month basis, underlining continued retail participation despite market volatility, the report said.
Understanding how asset management companies invest your mutual fund money for smarter wealth creation
Mutual fund investors often hear the term "Asset Management Company" (AMC), but few fully understand its exact role. What do these companies actually do with the funds provided to them, and how do they operate?
Listing won't alter our investment philosophy: ICICI Pru AMC MD & CEO
India is a market where scalable businesses with lower margins and higher volumes create enduring value, says Nimesh Shah, managing director (MD) and chief executive officer (CEO) of ICICI Prudential AMC. In an email interaction with Abhishek Kumar, amid the asset manager’s Rs 10,603-crore IPO, Shah said growing volumes will continue to support profitability and will more than offset the telescopic pricing impact.
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BSE and Department of Posts sign MoU to expand mutual fund access across India
Canara Robeco Infrastructure Fund turns Rs 10,000 SIP to Rs 1.36 crore in 20 years, deliver over 15% XIRR
Equity mutual funds log 57th straight month of inflows; AUM rises 1.4% to Rs 35.66 lakh crore in November : AMFI
Nippon Large Cap Fund crosses ₹50,000 crore in AUM
The surge in AUM comes even as the flows into large-cap funds have softened in the last few months due to profit booking after the recent market rally and the impact of liquidity needs which arise during the festival season.
Marquee investors pump in ₹4,815 cr in ICICI Prudential AMC pre-IPO placement
Mumbai: The initial public offering of ICICI Prudential Asset Management has received ₹4,815 crore investment through a pre-IPO placement from 26 marquee investors including Prashant Jain, the Jhunjhunwala family, Manish Chokani and Madhusudan Kela. The largest asset management company, in consultation with the book running lead managers to the IPO, has undertaken a private placement of 2.22 crore equity shares for cash consideration, at an issue price of ₹2,165 per equity share.
AMFI expects inflows to cross ₹8 lakh crore next year
Mumbai: The Association of Mutual Funds in India (AMFI) expects net inflows into the industry to cross ₹8 lakh crore next year backed by the pick-up both in SIP and choti SIP. The inflows into the industry in the last 11 months was down at ₹8.50 lakh crore against ₹9.14 lakh crore logged in the same period last year. The overall AUM of the industry touched a new high of ₹80.80 lakh crore, well supported by mark-to-market gain and higher inflows.
Axis AMC to launch ₹2,000 crore private credit fund as demand surges
Mumbai: Axis Asset Management Company (AMC) is set to launch its third private credit alternative investment fund (AIF) next week, aiming to raise up to ₹2,000 crore, a senior executive told Mint. The move comes as the fund house looks to scale sharply in a private-credit market that is drawing record interest even as traditional lenders pull back.
Equity mutual fund inflows jump 21% in November, snap 3-month decline: AMFI
Inflows into equity mutual funds jumped 21% to Rs 29,911 crore in November, snapping a three-month decline, according to the monthly data released by the Association of Mutual Funds in India (AMFI) on December 11.
ICICI Pru AMC IPO: From Jhunjhunwala to Prashant Jain, marquee investors queue up — What’s the big draw?
ICICI Prudential Asset Management Company’s IPO ahead of its opening on December 12 has already drawn attention, and the activity before the issue added another buzz to the issue. The AMC, one of the largest in the country by assets, recently closed a sizeable pre-IPO placement of nearly Rs 4,815 crore.
MF industry AUM crosses Rs 80 lakh crore in November
Assets under management (AUM) of mutual fund industry crossed Rs 80 lakh crore in November as inflows into equity-oriented schemes rose after consecutive months of fall.
Singapore Government entities lead ICICI Prudential AMC anchor book
ICICI Prudential AMC, one of the largest mutual fund houses, mobilized Rs 3,021.8 crore from 149 anchor investors at Rs 2,165 per share ahead of its initial public offering (IPO) that opens for bids on December 12. The Rs 10,600 crore IPO, the largest of a wave in December, is assisted by 18 investment banks.
Canara Robeco Mid Cap Fund reaches Rs 4,000 crore AUM in 3 years, offers CAGR of 21% since inception
SIP inflows near ₹30,000 crore; what’s driving fresh inflows despite flat market? Quantum AMC CEO explains
How to play the capital market theme? Analysts prefer Exchanges over AMCs
While both asset management companies (AMCs) and stock exchanges/intermediaries are clear beneficiaries of the rise in retail investor participation, Puneet Sharma, chief executive officer (CEO) and fund manager at Whitespace Alpha, a CAT-3 Alternative Investment Fund, believes the exchanges and intermediaries segment offers a more compelling risk-reward profile.
Credit provided by capital markets will overtake bank credit: Kotak Mahindra AMC chief
Mumbai: Credit provided by the mutual fund industry will overtake bank credit one day, a veteran asset manager said on Tuesday. Nilesh Shah, the managing director and chief executive of Kotak Mahindra AMC, who is also a part-time member of the Economic Advisory Council to the PM, urged people to shift towards wiser investing.
ICICI Pru AMC's upcoming IPO to test group’s listing luck
As India’s capital markets expand and household savings accelerate their shift toward financial products, asset management companies are entering a new phase of growth, powered by rising retail participation and record flows into systematic investment plans (SIPs). Against this backdrop, ICICI Prudential Asset Management Co. (ICICI Prudential AMC)—the country’s largest active equity fund manager—is set to make its stock market debut this week.
Jio Financial and Blackrock pump Rs 229 crore into their joint venture AMC business
Axis Mutual Fund launches Axis Gold & Silver Passive FoF
SBI Mutual Fund begins process to rope in merchant bankers for IPO
The Mutual Fund Advisor: Choosing the right fund: A 5-step shortcut that actually works
MF AUM to cross Rs 300 lakh crore over next 10 years: Report
India’s mutual fund assets under management (AUM) are projected to hit Rs 315 lakh crore by FY2035, driven by rising household participation, regulatory support, and stronger investor trust, according to a new report from Bain & Company and Groww.
Credit provided by capital markets will overtake bank credit: Kotak Mahindra AMC chief Nilesh Shah
Nilesh Shah says China’s $1 trillion trade surplus is built on an undervalued Yuan, not just on innovation and competitiveness
Mirae Asset Mutual Fund names Basant Bafna to lead fixed income as Mahendra Jajoo completes CIO transition
Market weakness overplayed: Earnings, valuations still support a rally, says Karthik Kumar, Axis MF
ICICI Prudential AMC’s Rs 10,600 Cr IPO to open on Dec 12
ICICI Prudential AMC, India’s second-largest mutual fund house by assets, announced a Rs 10,600 crore initial public offering (IPO) with a price band of Rs 2,061 to Rs 2,165 a share. The offer will open for subscription from December 12 to 16, with trading expected to begin on December 19.