{
  "crd_number": 312825,
  "slug": "icici-asset-management-mumbai-maharashtra-312825",
  "primary_business_name": "ICICI ASSET MANAGEMENT",
  "legal_name": "ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LIMITED",
  "dbas": [],
  "city": "Mumbai, Maharashtra",
  "state": null,
  "country": "India",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-12-15",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-06-29",
  "carried_forward": false,
  "raum_total": 117058569794.0,
  "raum_discretionary": 117056610223.0,
  "raum_non_discretionary": 1959571.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 3585,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 2426318389.0,
      "count": 27396
    },
    "pooled_investment_vehicles": {
      "raum": 114388470012.0,
      "count": 26
    },
    "corporations_other_businesses": {
      "raum": 243781393.0,
      "count": 874
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 5,
  "states_registered": [],
  "websites": [
    "https://facebook.com/iciciprumf",
    "https://facebook.com/profile.php?id=61564527142001",
    "https://iciciaminternational.com",
    "https://icicietf.com",
    "https://iciciprualternates.com",
    "https://icicipruamc.com",
    "https://instagram.com/iciciprumf",
    "https://instagram.com/iprualtinvestments",
    "https://linkedin.com/company/icici-prudential-amc-ltd",
    "https://x.com/ICICIAlternates",
    "https://x.com/iciciprumf",
    "https://youtube.com/@ICICIETF",
    "https://youtube.com/@ICICIPrudentialAMC",
    "https://youtube.com/@iciciprualternateinvestments"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/312825",
  "disclosure_items": [
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.H(1)(a)",
      "question": "In the past ten years, has a domestic or foreign court issued an injunction against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.H(1)(c)",
      "question": "Has a domestic or foreign court ever dismissed, under a settlement agreement, an investment-related civil action brought against the firm or an advisory affiliate by a state or foreign financial regulator?"
    },
    {
      "item": "11.H(2)",
      "question": "Is the firm or an advisory affiliate now the subject of a civil proceeding that could result in a yes answer to any part of 11.H(1)?"
    }
  ],
  "city_as_filed": "MUMBAI, MAHARASHTRA",
  "url": "https://advisorcensus.com/firm/icici-asset-management-mumbai-maharashtra-312825",
  "display_name": "Icici Asset Management",
  "summary": "Icici Asset Management is an SEC-registered investment advisory firm in Mumbai, Maharashtra, India, registered since 2021, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 29, 2026.",
  "citation": "AdvisorCensus. Icici Asset Management (CRD 312825): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Icici Asset Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Icici Asset Management reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Icici Asset Management located?",
      "a": "Icici Asset Management's principal office is in Mumbai, Maharashtra, India, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Icici Asset Management registered with the SEC or a state?",
      "a": "Icici Asset Management is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 312825."
    },
    {
      "q": "How much does Icici Asset Management manage?",
      "a": "Icici Asset Management reports $117,058,569,794 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (100% discretionary)."
    },
    {
      "q": "How have Icici Asset Management's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Icici Asset Management: Regulatory assets under management: $66,433,012,217 in the October 2022 data and $117,058,569,794 in the October 2026 data, up 76%. Total employees: 2,424 in October 2022 and 3,585 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Icici Asset Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (27,396); corporations or other businesses not listed above (874); pooled investment vehicles (other than investment companies and business development companies) (26)."
    },
    {
      "q": "Which custodians does Icici Asset Management use?",
      "a": "Icici Asset Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Icici Bank Limited (affiliated with the firm) as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Icici Asset Management report any disciplinary disclosures?",
      "a": "Reports 5 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation), 11.D(4) (another regulator's order in the past ten years), 11.H(1)(a) (court injunction in the past ten years), 11.H(1)(c) (regulator's civil action dismissed under a settlement), and 11.H(2) (pending civil proceeding). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/312825"
    },
    {
      "q": "What changed in Icici Asset Management's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Employees performing advisory functions went from 6 to 3. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 66433012217.0,
      "total_employees": 2424,
      "filing_date": "2022-06-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 65736055375.0,
      "total_employees": 3080,
      "filing_date": "2023-06-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 91484864022.0,
      "total_employees": 3535,
      "filing_date": "2024-06-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 113233473518.0,
      "total_employees": 3722,
      "filing_date": "2025-06-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 117058569794.0,
      "total_employees": 3585,
      "filing_date": "2026-06-29"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Employees performing advisory functions went from 6 to 3.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Icici Bank Limited",
      "name_as_filed": "ICICI BANK LIMITED",
      "affiliated": true
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/icici-asset-management-mumbai-maharashtra-312825.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 27396,
      "fewer_than_5": false,
      "raum": 2426318389.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 26,
      "fewer_than_5": false,
      "raum": 114388470012.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 874,
      "fewer_than_5": false,
      "raum": 243781393.0
    }
  ],
  "disclosure_line": "Reports 5 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/312825",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}