ICICI Prudential Asset Management Company, the country’s largest active fund manager, is set to make its public market debut through a Rs 10,603-crore offer for sale. Currently, there are around five listed peers: HDFC AMC, Nippon Life India AMC, UTI AMC, Canara Robeco AMC and Aditya Birla Sun Life AMC. A close look at the numbers in the RHP shows a clear trend that on most operational and financial parameters, ICICI Prudential AMC maintains a clear and widening lead.

Revenue growth powered by equity

The AMC reported Rs 4,683 crore in revenue in FY25, ahead of HDFC AMC at Rs 3,498 crore and more than double Nippon AMC at Rs 2,065 crore. This strength in topline has carried forward into FY26 as well. The company’s 1HFY26 revenue stands at Rs 2,733 crore, indicating continued momentum and

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