Quarterly Average AUM (Mutual Fund)
₹11.05T
+25.6% YoY
Total mutual fund quarterly average AUM reached ₹11.05 trillion, maintaining second-largest position.
ICICIPRUDENTIALASSETMANA
Financial Services
30 Apr 2026
ICICI Prudential Asset Management Co Ltd — Q4 FY26
ICICI Prudential AMC reported a strong Q4 FY26 with operating revenue of ₹1,517 crore (+19.5% YoY) and operating profit before tax of ₹1,128 crore (+30.2% YoY).
Financial stats pending filing verification
2-Minute Summary
✦ AI-Generated from Full Transcript
ICICI Prudential AMC reported a strong Q4 FY26 with operating revenue of ₹1,517 crore (+19.5% YoY) and operating profit before tax of ₹1,128 crore (+30.2% YoY). PAT came in at ₹763 crore (+10.4% YoY). The company maintained its position as the second-largest AMC with a 13.5% market share in total AUM and the largest share in active equity schemes at 14.2%. Key drivers included robust equity inflows despite market corrections, growth in passive AUM (+48.3% YoY), and expansion in the alternatives business. Management highlighted sustained SIP flows and a growing unique customer base of 17 million. The transfer of ICICI Venture's investment management rights adds ₹46.28 billion in fee-paying AUM. Risks include potential market volatility impacting flows and regulatory changes affecting TER margins.
Key Numbers
Equity AUM Market Share
14.2%
+27.2% YoY
Largest market share in equity and equity-oriented schemes with quarterly average AUM of ₹6.2 trillion.
Unique Customers
17M
+13.2% YoY
Unique customer base grew to 17 million, outpacing industry growth of 13.2% YoY.
Systematic Transaction (SIP+STP) Monthly
₹51.04B
+30.6% YoY
Monthly systematic transactions increased to ₹51.04 billion in March 2026, up 30.6% YoY.
Management Guidance
ESOP/ESU expense of ₹640-680M in FY27
Non-cash ESOP and ESU expenses will be amortized over vesting period, with estimated P&L impact of ₹640-680 million in FY27.
Management guidance otherTER impact of 3-4 bps from regulatory changes
Regulatory changes effective April 1, 2026, will impact gross yields by 3-4 basis points; management is identifying steps to mitigate.
Management guidance marginsLaunch of 1-2 NFOs in next month
Working with regulators on 4-5 ideas; expect to launch one or two NFOs in the next month across SIF and mutual fund categories.
Management guidance growthKey Risks
Market volatility impacting equity flows
Sustained market downturn could reduce investor appetite for equity funds, affecting AUM growth and revenue.
medium · management_commentaryTER margin compression from regulatory changes
New TER regulations effective April 1, 2026, could compress margins by 3-4 bps; full impact not yet quantified.
medium · analyst_questionIntegration risks from ICICI Venture transfer
Transfer of investment management rights for AIFs may face operational challenges or underperformance of acquired funds.
low · data_observationNotable Quotes
Our net flows market share in equity schemes exceeds our AUM market share.
We are no experts at geopolitics. But when the markets have corrected significantly, we have indicated to our distributors that slowly and the valuations in the Indian markets correcting, people are taking their call based on their risk appetite.
The young Indians are looking at mutual fund as the main investment vehicle and not as an alternate investment vehicle.
Frequently Asked Questions
What was ICICI Prudential Asset's revenue in Q4 FY26?
ICICI Prudential Asset reported revenue of ₹1,517 Cr in Q4 FY26, representing a +19.5% change compared to the same quarter last year.
What guidance did ICICI Prudential Asset management give for FY27?
ESOP/ESU expense of ₹640-680M in FY27: Non-cash ESOP and ESU expenses will be amortized over vesting period, with estimated P&L impact of ₹640-680 million in FY27. TER impact of 3-4 bps from regulatory changes: Regulatory changes effective April 1, 2026, will impact gross yields by 3-4 basis points; management is identifying steps to mitigate. Launch of 1-2 NFOs in next month: Working with regulators on 4-5 ideas; expect to launch one or two NFOs in the next month across SIF and mutual fund categories.
What are the key risks for ICICI Prudential Asset in FY27?
Key risks include Market volatility impacting equity flows — Sustained market downturn could reduce investor appetite for equity funds, affecting AUM growth and revenue.; 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..
Did ICICI Prudential Asset meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full ICICI Prudential Asset Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary with filing verification status shown on the financial stats.