ICICI Prudential Asset Management Company enjoys the strong parentage of Prudential plc, one of UK's largest players in the insurance & fund management sectors and ICICI Bank, a well-known and trusted name in financial services in India. ICICI Prudential Asset Management Company, in a span of just over eight years, has forged a position of pre-eminence in the Indian Mutual Fund industry as one of the largest asset management companies in the country with average assets under management of Rs. 69,754.78 Crore (as of September 30, 2010). The Company manages a comprehensive range of schemes to meet the varying investment needs of its investors spread across 230 cities in the country.
Sponsor: Prudential Plc and ICICI Bank Ltd
Trustee: ICICI Prudential Trust Ltd.
Investment Manager: ICICI Prudential Asset Management Company Limited Statutory Details: ICICI Prudential Mutual Fund, a trust set up under the provisions of the Indian Trusts Act, 1882. The Fund is registered with SEBI vide Registration No.MF/003/93/6 dated October 13, 1993 as ICICI Mutual Fund and has obtained approval from SEBI for change in name to Prudential ICICI Mutual Fund vide SEBI’s letter dated April 16, 1998. The change of name of the Mutual Fund to ICICI Prudential Mutual Fund was approved by SEBI vide Letter No. IMD/PM/90170/07 dated 2nd April 2007.
|Scheme Name||NAV(Rs.)||1m %||3m %||6m %||1y %||3y %|
|ICICI Pru Banking & Financial Services - Direct(G)||37.8||7.56||-2.49||0.56||19.96||0|
|ICICI Pru Banking & Financial Services (G)||36.93||7.47||-2.78||0||18.71||22.52|
|ICICI Pru Banking & Financial Services - Direct(G)||37.8||7.05||-3.74||0.24||19.39||0|
|ICICI Pru Banking & Financial Services (G)||36.93||6.95||-4.03||-0.3||18.14||22.32|
|ICICI Pru SPIcE Fund||273.67||6.78||-4.12||-4.55||2.49||13.68|
3rd Floor,Hallmark Business Plaza,
Sant Dyaneshwar Marg,
Bandra (East), Mumbai 400 051
First Floor, Unit 101-104,
No. 46 Ulsoor Road, Bangalore-560042.
|Phone : 022-26428000||Phone : 080-25323789,25323675|
|Email : firstname.lastname@example.org||Email : email@example.com|
|Website : www.icicipruamc.com||Website : www.icicipruamc.com|
capital market/10:08, Oct 07, 2015
Record date for dividend is 12 October 2015
The old adage Sell in May seems to have been ignored largely in second half of the month as the market left behind the carnage of March & April. . A move above the downward sloping trendline (above 8,550) would prove to be icing on the cake and market looks poised to see further build up after the gains of May.
Strength of every market is judged on corrections. After Mondays turnaround it is important to observe that if the recovery turns out to be sluggish and market starts to give up gains, will it find support around 8,200 or not? As of now, it will act as a new support line for the bulls.
Barriers in life come and go but 8,350 is acting as a tough one since the third week of April. This consolidation at the bottom has taken shape of a bullish H&S pattern. A move above the same could result in reversal of the trend.
However, it is imperative to understand that demographics eventually shape the dynamics of an economy.
CIBIL REPORTS are being touted as the solution to all credit decisions. To my mind, such a mindset could be extremely damaging. In this article, I will try to explain why.