Market volatility impacting equity flows
Sustained market downturn could reduce investor appetite for equity funds, affecting AUM growth and revenue.
ICICIPRUDENTIALASSETMANA / bear-case history
Track the concerns that keep returning.
ICICI Prudential Asset · risk themes across the available quarters.
Research layer active
Bear-case history
Risks carried through the record.
medium
TER margin compression from regulatory changes
New TER regulations effective April 1, 2026, could compress margins by 3-4 bps; full impact not yet quantified.
Integration risks from ICICI Venture transfer
Transfer of investment management rights for AIFs may face operational challenges or underperformance of acquired funds.