ICICI Prudential

Anup Bagchi had joined the ICICI Group in 1992 and had worked in the areas of retail banking, corporate banking and treasury.

ICICI Prudential Bluechip Fund has generated higher returns than its benchmark over the one- and three-year periods by minimising risk and focusing on steady performance

ICICI Prudential's short-term and medium-duration funds outperformed on the back of timely shifts in strategies

The scheme's investment objective is to seek long-term wealth creation by actively investing in equity/equity-related securities, following a value investment strategy

It is the second-largest private player in terms of VNB

Currently, yield to maturities (YTMs) of debt mutual funds have become very attractive, so it is a good time to add to your allocation to these funds. Instead of looking at past returns, investors should look at yield to maturity to understand the trajectory of future returns, says Manish Banthia, Deputy CIO, Fixed Income, ICICI Prudential Mutual Fund. Speaking to Sanjay Kumar Singh, Associate Editor, Business Standard, he said he expects one more rate hike of 25 basis points to be followed by a long pause. Watch this interview to understand where interest rates are headed and the best categories of debt mutual funds you should invest in right now.

The fund's investment objective is to generate long-term capital appreciation and current income from a portfolio invested in equity, equity-related securities, and fixed-income securities

Medanta Hospitals IPO subscribed 36% on day-2, Bikaji Foods by 1.5 times

Officials said further investigation revealed that other insurance companies and NBFCs also exploited a similar route to avail of ineligible ITC

HealthAssure is targeting the massive $ 40 billion OPD and Insurance market in India by 'productizing' the largest HMO ecosystem of primary care

Private insurer ICICI Prudential Life has said it is on course to meet its target of doubling the value of new business to Rs 2,560 crore this fiscal from FY19 levels. The optimism of the management to meet the target it had set for itself in the beginning of FY19, when the Value of its New Business (VNB) stood at Rs 1,328 crore, stems from the much more than anticipated VNB growth clocked in the first quarter at Rs 471 crore, which was 31.7 per cent higher than the year-ago period when it was only Rs 358 crore. VNB is a key profitability metric in the life insurance industry as life insurance is a long-term business unlike general insurance which is a year-long commitment. So, VNB means the future profit of a life policy written now. Higher the VNB margin the better will be the profitability of a company. This is calculated by dividing the VNB by annualised premium equivalent or regular premium plus 10 per cent of the single premium. Having already grown so much in the first quarte

Soaring inflation, global central bank policies and the Ukraine war have dampened sentiment across global financial markets. What does S Naren, of ICICI Prudential AMC think of the developments?

Value opportunity in stocks is more and we think over the next 2-3 years, the opportunity will continue to exist, says S Naren, CIO, ICICI Prudential Asset Management Co

According to an analysis of its initial public offer (IPO) filings by Swiss brokerage Credit Suisse, SBI Life, ICICI Prudential, HDFC Life and Max Life will face the maximum impact of the LIC move

An increase in retention limit means the insurer increases the degree of risk it retains on its balance sheet

The investment objective of the scheme is to generate income through investing predominantly in AA+ and above rated corporate bonds

ICICI Pru became the third insurance company to cross Rs 1 trillion market cap after HDFC Life and SBI Life.

VNB growth was driven by a resilient business model, innovative product offerings and diversified distribution and product mix

After ICICI Pru MF's record-breaking NFO, multiple funds look to follow suit with offers

The ICICI Prudential Opportunities Fund directly managed by Sankaran Naren has returned 36% year-to-date, beating 96% of its peers.