ICICI Pru AMC Hits ₹3,174 High; Stock Up 5% in 2 Days, 47% Above IPO Price

ICICI Prudential Asset Management Company share price (NSE: ICICIAMC) touched a new high of ₹3,174.30 in Tuesday’s intra-day trade. The stock has gained 5% in the past two sessions, even as the broader market remained under pressure.

So far in 2026, the stock has risen 19%, compared to a 3.6% fall in the BSE Sensex. Since listing on December 19, 2025, the stock has surged 47% over its issue price of ₹2,165 per share.

Strong Business Position

ICICI Pru AMC manages mutual funds, portfolio management services (PMS), alternative investment funds (AIFs), and offers advisory services to offshore clients.

The company is among the most profitable listed AMCs and has the highest return on equity (RoE) in the sector. Its strong brand, wide product range, and solid fund performance track record support its growth.

Mutual Fund Industry Growing Fast

India’s mutual fund industry has expanded rapidly in recent years.

• Industry AUM has tripled over five years.
• Quarterly average AUM (QAAUM) rose 18.1% year-on-year in Q3FY26 to ₹81 trillion.

According to a report by Crisil Intelligence, managed funds’ AUM could grow from ₹212 trillion to around ₹455 trillion by FY2030. This growth is expected to be driven by:

• Rising retail participation through SIPs
• Increasing shift from fixed deposits to market-linked products
• Growing demand for AIFs and diversified investments

Read More: NSE Unveils Nanosecond Trading Speeds, Aiming for 100 Million Trades Per Second.

Conclusion

ICICI Prudential AMC’s strong rally reflects investor confidence in the long-term growth of India’s asset management industry. 

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