
ICICI Prudential Asset Management Company (AMC) share price (NSE: ICICIAMC) surged 7% on Tuesday to hit a new all-time high of ₹3,128 on the BSE. The rally came amid a broader market surge following the finalisation of the India–US trade deal.
The stock has now gained in five of the last six sessions and is up nearly 16% during this period.
Since its market debut on December 19, 2025, ICICI Prudential AMC shares have climbed sharply. The stock has risen 44% from its IPO price of ₹2,165, reflecting strong investor confidence.
At around 10:40 AM, the stock was trading nearly 6% higher, clearly outperforming the Sensex.
ICICI Prudential AMC manages mutual funds, portfolio management services, alternative investment funds, and also offers advisory services to offshore clients.
The company is among the most profitable AMCs in India, supported by a strong brand, consistent fund performance, and a wide range of products. It also has the highest return on equity among listed AMCs, highlighting efficient capital use and healthy margins.
The mutual fund industry has grown rapidly over the past five years, with total assets under management tripling. Industry QAAUM rose 18.1% year-on-year to ₹81 trillion in Q3FY26.
During the same quarter, ICICI Prudential AMC’s QAAUM stood at ₹10.8 trillion, up 23.2% year-on-year, maintaining its position as India’s second-largest AMC with a 13.3% market share.
Profit after tax rose 45.1% year-on-year to ₹917 crore, while return on equity for the nine months ended December 2025 stood at a strong 87.9% on an annualised basis.
Post listing, foreign portfolio investors and domestic mutual funds increased their combined holding in ICICI Prudential AMC by nearly 4 percentage points.
Mutual funds raised their stake to 4.54% from 1.2%, while FPI ownership increased to 2.43%. Meanwhile, retail investors booked profits, with their shareholding declining from 5.11% at listing to 1.99%.
Also Read: Best Long-Term Stocks in Jan 2026 – 5yr CAGR Basis!
ICICI Prudential AMC’s sharp rally reflects strong fundamentals, robust industry growth, and rising institutional confidence. With solid earnings momentum and increasing FPI and MF participation, the stock continues to remain firmly on investors’ radar.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 3, 2026, 11:35 AM IST

Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
