Private fund adviser · Mumbai, Maharashtra, India
Icici Asset Management
Icici Prudential Asset Management Company Limited · SEC-registered investment adviser · CRD 312825 · SEC 801-122548
At a glance
Icici Asset Management is an SEC-registered investment adviser based in Mumbai, Maharashtra, India, with $117.1 billion in regulatory assets under management as of its Form ADV filed June 29, 2026. Its largest client group by assets is pooled investment vehicles, and it reports 27,396 individual clients. By Form ADV it is a private fund adviser, ranked 69th of 4,686 private fund advisers and 231st of 17,210 SEC-registered advisers by assets.
Main office +912226525000icicietf.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $117B
- Rank among private fund advisers
- #69 of 4,686
- Rank among all SEC RIAs
- #231 of 17,210
- Individual clients
- 27,396
- High-net-worth clients
- 0
- Accounts
- 28,296
- Discretionary
- 100% of AUM
- Employees
- 3,585
- Advisory staff
- 3
- Offices
- 2
Owners and executives on its Form ADV
- Nimesh ShahManaging Director/chief Executive Officer
- Sandeep BatraChairman & Nominee Director
- Naren SankaranExecutive Director/chief Investment Officer
- Ved P. ChaturvediIndependent Director
- Dilip KarnikIndependent Director
- Naved MasoodIndependent Director
- Rakesh ShettyChief Compliance Officer and Company Secretary
- Antony JacobIndependent Director
- Preeti ReddyIndependent Director
- Nupur SinghPrincipal - Legal
- Naveen Kumar AgarwalChief Financial Officer
- Suresh SubramanianChief Operations Officer
Custody and brokerage
Broker-dealer
Affiliated broker-dealer
It names affiliated broker-dealers: Icici Bank Limited and Icici Securities LTD..
- Icici Bank Limited
- Icici Securities LTD.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 26 | $114B | 98% |
| Individuals | 27,396 | $2.4B | 2% |
| Corporations or other businesses | 874 | $244M | <1% |
Disciplinary disclosures
Icici Asset Management answers yes to 10 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗icicietf.com ↗
AtlasMembers
The full record on Icici Asset Management
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 4 years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 190 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 14 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Icici Asset Management manage?
Icici Asset Management reports $117.1 billion in regulatory assets under management across 28,296 accounts, 100% of it on a discretionary basis, on its Form ADV filed June 29, 2026.
What kind of firm is Icici Asset Management?
Icici Asset Management is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets. It reports a bank or thrift among its related persons. A public reporting company controls it.
Who are Icici Asset Management’s clients?
By assets, its largest client types are pooled investment vehicles ($114.4 billion, 26 clients); individuals ($2.4 billion, 27,396 clients); corporations or other businesses ($244 million, 874 clients).
Does Icici Asset Management have any disciplinary history?
Icici Asset Management answers yes to 10 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Icici Asset Management’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-06-29), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →