Prudential Plc mulls listing of ICICI Prudential Asset Management Company

Quick Summary:

The fund house later dropped the plan.

In 2021, SBI MF, the country’s biggest fund house, had also announced its plan to come out with an IPO.

The MF AUM as a percentage of nominal GDP, which is around 18 per cent now, is expected to increase to 26 per cent by the financial year 2030, it said.

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Category: BusinessFinance

Markets: India

Topics: ICICI Prudential ICICI Prudential Mutual Fund Asset Management

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-12 @ 18:29:59 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 262 words

Reading Time: 2 minutes read

Sentences: 15 lines

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Copyright Owner: © Business Standard

News ID: 26103998

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