ICICI Prudential AMC Ltd – Portfolio Management Services (PMS)

ICICI Prudential Asset Management Company Limited stands as a prominent asset management firm in India, dedicated to connecting savings with investment opportunities and fostering long-term wealth creation for its clientele through a diverse portfolio of straightforward and pertinent investment products. This entity operates as a joint venture, combining the established financial services expertise of ICICI Bank with the significant presence of Prudential Plc, a major UK-based financial services provider. Over its operational history, the company has solidified its standing within the Indian mutual fund landscape. The organization oversees substantial Assets Under Management (AUM) within the mutual fund sector. Furthermore, it extends its services to include Portfolio Management Services for a nationwide investor base, as well as International Advisory Mandates for clients in global markets across various asset classes such as Debt, Equity, and Real Estate. Since its inception as a joint venture in 1998, with an initial footprint of two locations and six employees, the company has experienced considerable expansion. As of September 30, 2020, it employs 1,926 individuals, operates across over 300 locations, and serves an investor base of 6.2 million. The company's trajectory has been marked by exponential growth, consistently prioritizing enhanced investor accessibility. Operating with a distinct focus on the investor, the organization embodies a combination of investment acumen, robust resources, and systematic processes. ICICI Prudential Asset Management Company Limited is committed to streamlining the investor's path to achieving their financial objectives, delivering a superior investor experience through innovation, reliability, and consistent risk-adjusted returns.

AUM (₹ Cr)

27828.18

Clients

27908

Strategies

15

As On

31 December 2025

Investment Strategies & Performance

Portfolio Management Services (PMS)

ICICI Prudential AMC Ltd Portfolio Management Services (PMS) - Performance Returns
Strategy Category 1Y 3Y 5Y Inception
Value Strategy Multi Cap & Flexi Cap 10.10% 25.59% 25.94% Mar 2007
Large Cap Strategy Large Cap 11.26% 20.99% 21.31% Mar 2009
Growth Leaders Strategy Multi Cap & Flexi Cap 6.26% 19.13% 18.56% Mar 2007
Contra Strategy Multi Cap & Flexi Cap 10.41% 20.85% 23.60% Sep 2018
PIPE Strategy Small & Mid Cap 0.95% 25.59% 28.84% Sep 2019
ACE Strategy Multi Cap & Flexi Cap 9.76% 23.56% 19.94% Dec 2010
Quanti-FI Strategy Multi Cap & Flexi Cap 5.57% Feb 2024
Emerging Leaders Strategy Small & Mid Cap 7.26% Feb 2024
SMART Strategy Multi Cap & Flexi Cap 7.45% 24.86% 24.54% Oct 2014

Past performance is not indicative of future results. Returns are subject to market risks.

Alternative Investment Funds (AIF)

ICICI Prudential AMC Ltd Alternative Investment Funds (AIF) - Performance Returns
Strategy Category 1Y 3Y 5Y Inception

Long Short Fund-I

Long Short - Conservative 4.69% 5.28% 8.10% Aug 2018

Enhanced Dynamic Equity Fund

Long Short - Aggressive 6.61% 16.75% Oct 2022

Emerging Leaders Fund

Multi Cap & Flexi Cap 3.71% 24.61% Aug 2022

Growth Leaders Fund - 1

Multi Cap & Flexi Cap 9.18% 23.32% Nov 2021

Alpha OpportunitiesFund

Multi Cap & Flexi Cap 12.62% Nov 2023

Equity Opportunities Fund

Multi Cap & Flexi Cap 10.43% Mar 2023

AIF investments carry market risks. Please read scheme documents carefully.

Portfolio Managers & Fund Management Team

Mr. Anand Shah

CIO – PMS & AIF

Mr. Anand Shah joined IPAMC in February 2021, taking on the responsibility of Head of PMS and AIF Investments. Prior to this, he served as Deputy CEO and Head of Investments at BNP Paribas Asset Management Company, where his purview included the management of both domestic and international investment mandates, encompassing sub-advisory and sales functions. His distinguished career in fund management has been recognized with multiple awards, including 'The CIO of the Year Award 2014-15' presented by Asia Asset Management. Mr. Shah's tenure at BNP Asset Management lasted for approximately ten years, commencing in March 2011. preceding this engagement, he led the equities division at Canara Robeco Asset Management for three years, from March 2008. His earlier career also includes roles as Co-Head of Equities at ICICI Prudential Asset Management and Vice President of Investments at Kotak Mutual Fund, where he served for six years from May 2000 to December 2006. Mr. Shah is an alumnus of the Indian Institute of Management Lucknow, holding a Post Graduate Diploma in Management, and is a Bachelor of Engineering graduate from Regional Engineering College, Surat.

Mr Chockalingam Narayanan

Head Equities – PMS & AIF (Long only)

Mr. Chockalingam commenced his tenure at ICICI Prudential AMC in July 2022. He currently serves as a Senior Fund Manager, overseeing both Portfolio Management Services (PMS) and Alternative Investment Funds (AIF) at IPAMC. With close to twenty years of comprehensive expertise, Mr. Chockalingam possesses a strong background in fund management, investment research, and market analysis. His contributions have been significant in dissecting business fundamentals to generate pertinent and actionable insights, thereby fostering portfolio expansion. He is a recognised authority for providing in-depth macroeconomic analysis, alongside insights into financial markets and Environmental, Social, and Governance (ESG) factors. These elements have consistently formed the bedrock of diverse investment strategies he has developed throughout his career. Prior to his association with IPAMC, Mr. Chockalingam held positions at distinguished institutions including Baroda BNP Paribas Asset Management India Pvt Ltd, Deutsche Equities India Pvt Limited, and Batlivala & Karani Securities. Academically, he holds a Post Graduate Diploma in Management from T A Pai Management Institute, Manipal, and a Bachelor of Commerce from G. R. Damodaran College of Science. Furthermore, he is a certified Financial Risk Manager (FRM) by the Global Association of Risk Professionals, USA.

Ms. Geetika Gupta

Senior Fund Manager- PMS & AIF

Ms. Geetika Gupta became part of IPAMC in August 2021. Her current role involves serving as a Fund Manager for both Portfolio Management Services and Alternative Investment Funds. With more than ten years of investment experience, her expertise spans both sell-side and buy-side equity research. Before joining IPAMC, Ms. Gupta spent six years as Vice President at First Voyager Advisors, where she oversaw the fund's investments in the Indian equity market. Prior to that, from 2011 to 2015, she worked as a Research Analyst at Kotak Institutional Equities, focusing on the Banking, Financial Services, and Insurance (BFSI) sector. Her career commenced in 2007 at Lehman Brothers, covering US Equities, followed by an internship in the Investment Banking Division at Morgan Stanley, Singapore, in 2010. Ms. Gupta possesses substantial knowledge of the BFSI sector, alongside B2C businesses within the consumer and technology domains. She is an alumnus of IIT Delhi, holding a B. Tech in Chemical Engineering, and IIM Ahmedabad.

Mr. Jagan Appasamy

Senior Fund Manager- Private Capital

**[Name of Professional]** brings over 17 years of specialized experience in Debt Capital Markets and credit investments. Previously, [he/she/they] held significant roles at IDFC Bank and L&T Finance. [His/Her/Their] academic qualifications include an MBA from IIM, CFA (USA), and FRM certifications.

Mr. Paresh Mali

Fund Manager–Private Capital

Over sixteen years of extensive experience in the financial services sector, with a specialized focus on banking and structured credit. Previously held a senior position at ICICI Bank. Holds an MBA from the Indian Institute of Management.

Mr Paul S Parampreet

Senior Fund Manager- AIF

Paul S. Parampreet joined IPAMC in May 2024 and presently serves as a Fund Manager for Alternates. In this role, he is dedicated to investment research and the formulation of investment strategies for Alternative Investment Fund (AIF) portfolios. With over 15 years of experience in the financial services industry, Mr. Parampreet most recently held the position of Client Portfolio Manager at Franklin Templeton, overseeing portfolios across various asset classes for clients in both the UK and India. His responsibilities included providing asset allocation advice to institutional investors. Prior to this, as Associate Director of Strategic Investments at Edelweiss Group, he managed absolute return equity strategies utilizing quantitative methodologies, developed thematic investment approaches, and advised on multi-asset class allocations incorporating both public and private investments. Earlier in his career at Edelweiss Asset Management, he served as Vice President and Head of Equities, where he was responsible for the management of several equity mutual funds. Mr. Parampreet holds a PGDM from the Indian Institute of Management, Calcutta, and a Bachelor's degree in Electrical Engineering from the Indian Institute of Technology, Kharagpur.

Mr. Piyush Chande

Fund Manager–Private Capital

With 18 years of specialized experience in structured and distressed credit, alongside investment banking expertise, the individual's background includes a tenure at the Aditya Birla Capital–Varde JV and IL&FS. They hold an MBA from SP Jain.

Mr Prem Khurana

Senior Fund Manager – PMS Equity

Mr. Prem Khurana commenced his tenure at ICICI Prudential Asset Management Company Ltd (IPAMC) in December 2024, assuming the position of Senior Fund Manager for Non-Discretionary Portfolio Management Services (NDPMS) and Advisory. His professional background spans approximately two decades, primarily in sell-side fundamental equity research. He garnered significant recognition and was held in high regard by the buy-side community for his expertise in real estate and infrastructure sector analysis. Previously, Mr. Khurana served as an Associate Director, Institutional Equities at Anand Rathi, a role he held for close to ten years. Before that, he led sector coverage for real estate, infrastructure, and construction at B&K Securities Pvt. Ltd. for over nine years. Mr. Khurana is an alumnus of the Birla Institute of Management Technology.

Mr. Rohit Rathi

Principal- Real Estate Business

With over two decades of dedicated experience spanning commercial real estate, mortgage operations, and corporate finance, this individual has a proven track record of successfully managing real estate transactions valued in excess of ₹80,000 Crores throughout their career. They hold the designation of Chartered Accountant.

Mr Sandip Santdasani

Fund Manager – AIF

Sandip has been with ICICI Prudential Asset Management Company (AMC) since August 2008. He currently serves as an Associate Vice President in the Investments - PMS & AIF division at ICICI Prudential AMC Ltd (IPAMC), contributing to the Alternate Investments Fund Management team. His tenure at IPAMC, spanning over a decade, has seen him excel in diverse capacities across Business Development, Product Development, and Strategy for Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs), encompassing both long-only and long-short strategies. Sandip brings extensive expertise and a deep understanding of both mutual funds and alternative investment classes. Within the PMS & AIF Investment Team, he is actively engaged in equity research, providing analytical support for investments in mutual fund schemes through PMS multi-manager approaches. Additionally, he is responsible for the creation and upkeep of quantitative stock selection models. As a key member of the Alternates team, Sandip offers significant insights into product development and investment processes, serving both internal teams and external stakeholders, including institutional investors, promoters, family offices, and distribution networks. He collaborates closely with the business development and product teams on new product initiatives, feature enhancements, marketing events, and client presentations. He holds the Chartered Financial Analyst (CFA) designation from the CFA Institute, USA, and a Master of Business Administration from MS University of Baroda, Vadodara.

Mr. Shekhar Daga

Head–PrivateCapital

With over two decades of dedicated experience in structured finance, private equity, special situations, and distressed debt, this individual brings a wealth of expertise. Previously associated with AION Partners and ICICI Bank, they are a rank-holding Chartered Accountant.

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Regulatory Information

SEBI Registration: INP000000373

Registered Office: 12Th Floor, Narain Manzil,23, Barakhamba Road,New Delhi,National Capital Territory Of Delhi,India-110001

Disclaimer

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Last Updated: December 2025 · Published by Affluense AI (affluense.ai)