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Thanks Nimesh, good speaking and Congrats to Fund management team. Me and my investors are very happy with Equity- VAP, Dyni ,Disc ,TOP100 and Tax.
congrats entire team ICICI Prudential
Enjoyed performance of ICICI Prudential Equity Funds especially Banking Fund. as a distributor expecting Huge Dividends in Equity Schemes in upcoming months for our investors.
I AM VERY HAPPY BECAUSE ICICI PRU HAS GIVEN CONSISTENT PERFORMANCE TO MY INVESTORS AND IT HAS ALWAYS MOTIVATED ME WITH NEW IDEAS TO BUILD MY AUM. WELL DONE.
Dear sir, congratulations for our consistent performance in equity funds as well as debt funds. Congratulations to the ICICI Pru Team, I hope future same performance in all our amc funds.
Congratulations to Mr Nimesh and his whole ICICI Prudential team for their continuous efforts.
Congratulations IPru Team and really it is suggestable to sell any IPru fund in any product category. All funds are performing.
Truly a Process Driven AMC, due to which i have doubled my AUM wihtin 6 Months.
First of All Congratulations to I PRU TEAM!!! As of date I PRU as a AMC has a Well Positioned Products Basket as per the Current Market Conditions!!!
To me the key word in the above interview was “future expectations”. Nobody has a crystal ball to foresee what 2013 has in store for us. But it is important to have a view of where we are going. Because although everyone has come from the same place, it makes ample sense to know the direction and the potholes one may encounter on the road ahead. Interaction with your senior Relationship Managers and CIOs ably gives me a feel of what one could expect with the markets in the times ahead – whether its turbulence & fasten seatbelts or cruise control and driving in the 5th gear.
It is true that your organization has changed from sales driven to process driven and your focus is more on manufacturing now. It is important for the distributors to know about the products and that the sales person should be communicating the actions and reasons / views of fund managers management of fund. It is more than an year now that we are seeing these qualities in your organization. Thanks for the change in the approach and helping us to meet the investors interest.
Congragulations to entire team @ icici pru for giving consistant risk adjusted returns over longer period of time horizon.
I am happy to here this achievement I pru HAS VERY BRIGHT FUTURE due toits consistent performance. congrats
Thanks for your valued feedback and positive about future.Now,this is the best time to revisit bussiness model,advisory practice,client service and segmentation of client.Looking for doing the best with your esteemed Team.many many happy returns of good days ! warm regards. Mukesh Chandra Jha
Cngratulation to you and all your team members for all the achievements. Thanks a lot for your assurance to support us. I am proud to be one of the member of ICICI Chairman Circle. Keep It Up. Thanks & Regards, Jayesh Parekh
I am associated with this AMC for last 10 years & appreciate the constant contact & support of sales team. One can confidently recommend the well managed product basket offered by you. I shall continue to support.
Long term performance of ICICI Prudential Equity Funds has been excellent. Fund management process seems on the right track.
ICICI Pru Discovery and Focused Bluecchip are really doing well, so is the Dynamic fund. Well spoken Nemish.
its good see , all the schemes are consistently performing in equity like Blue chip, Discovery and dynamic.
Dear Nimesh Sir, I have been associated with the organisation over the last 10 years and the most positive thing that I have noticed and experienced in the last 4-5 years has been a steady turn from the previous image. Today i associate with this AMC because the focus is clearly on the process. when the processes are in place the system will deliver. And this has been evident from the performances in the schemes. Specially Dynamic, Discovery, Focused Bluechip, Tax Plan, and the Equity and Derivatives Fund (a great product) to name some. I have had a steady share of this fund house in almost all of the portfolios and i have been more than happy to get the desired results from the AMC. Congrats and Keep up the good work Sir, We continue to support you. regards Amalaraj Marian
Lot of credit goes to S Naren for the scheme positioning and sticking to the mandate for each scheme. Its the focus on Process for Discovery, Dynamic, Bluechip that has yielded results.
Congratulation to Team IPru for the sucess and maintaining the consistency in performance which was mising with IPRU in past. this consistency in fund is purely because of the process in place and there is no star fund manager. which has his individual view and takes call individually. Congratulation Nimesh ji for streamlining your investment team and processes.
Congratulation, for your steady performance in both equity and debt fund
I like Icici Pru. Bluechip Fund & Reliance Regular saving Fund because they position their Portfolio in well manner.
At first you all team deserve the congratulation for striking phenomenal success in the space of equity and debt segment and it became successful due to your surrounding development approach i.e investor needbased , advisor need based and time based. you rightly mentioned the exploring the knowledge is the key driver of success. In 2010-11 my transation was less than 2 lakhs in equity and debt but this FY it extend to more than 50 lakhs due to exploring ur knowledge and investor need based wide product range. thanks for giving key iota of direction of future market that will help us to take future decision.
Congratulations^^^^^^^^^ to Mr. Shah and Team ICICI Prudential AMC.I M AGREED WITH YOUR VIEW I M TRY TO GET MAXIMUM BUSINEESS FOR YOU.CONGRATULATION FOR THIS STEADY PERFORMANCE.
Congratulation Mr.Shah , Nice Comments...
Excellent & consistant performance by most of the funds of ICICI Family. Let me congratulate for your hard work - Fund management team as well as sales team. All are providing their best support.
I think long term performance & Consistency does not come without proper direction, good fund management team & Sales people. Congrats I Pru Team on all three fronts.
Congradulations for consistance performance in Equity & Debt. Congradulation to MR Shah and team ICICI Prudential AMC.
I thanks to Mr. Nimesh for taking positive steps to built the confidence in the Scheme of I Pru. The steps taken by him is seen in the performance of scheme whether it is equity or debt. I Pru is the only AMC where all of its equity scheme has out performed their respective benchmark and this was vouched in one of the article appeared in a Financial News paper. More so its debt schemes are also doing very well. I generally do business on the basis of scheme performance and that was the reason I could able to mobilise more than 80 Crore in the Equity and Long term debt schemes of I Pru. This flow is still maintain on month to month basis. I think Mr. Nimesh as a CEO of the AMC has personally taken the pain of changing the image of AMC and that is refelected in the increase in over all AUM of the AMC. Hope he will as a manufacturer continue to see that all their schemes reamain on the top quartile.
sir, congratulations for your consistent performance in Focus Bluechip & Discovery Funds.Congratulations to the ICICI Pru Team
Congratulations to Mr. Shah and team ICICI Prudential AMC. Your continuous efforts and initiatives to improve the fund management process produced the good results. I stongly disagree Mr. C K R L Rao in his "perception" of performance. Please check your data points on fund performance before putting such comments. THIS IS THE ONLY AMC WHOSE ALL 18 EQUITY FUNDS HAVE BEATEN BENCHMARK. Most of its funds in debt & equity are better than its peers.
ICICI Prudential Mutual Fund is now totally process driven organisation... earlier I have noticed that only few funds were there in equity side which had a stable performance, rest of the others had no consistency... but now a days it is good to see that all the funds which are under the focus of the fund house has been given a fantastic performance for a quite long time... thank you sir for this kind of steady perfoprmance..
TOTALLY AGREE... ICICI PRU AMC HAS BEEN GIVING A CONSISTENTPERFORMANCE ACCROSS THE CATEGORY, BE IT EQUITY (LARGE CAP, FKEXI CAP, MID CAP, SECOTIAL, THEMATIC), DEBT, BALANCED CATEGORY.. CONGRATULATION FOR THIS STEADY PERFORMANCE... AND FEELING PROUD TO BE ASSOCIATED WITH THE AMC FOR SUCH A LONG TIME
Its amazing to hear and learn from Mr Nimesh Shah again and again about the System and procedure followed. Its really important. I have observed this for last few years specially. ICICI have worked on system and it has given results . It is good to see all the funds performing . Specially in long term. This is more important . Its good to be a part of the funds which are managed in a form of Institution and not on the basis of a persons research only. I feel ICICI Pru AMC have done its bit and the System and procedure to manage the funds are in place . For long term investors its good to be a part of these funds. Congratulations to the team ICICI.
It is not clear whether the scheme performance is due to fund manager or process in place. Men may come and men may go but the scheme should deliver - that is the core tenet of long term investment. We need to understand how the investment decisions are made - are they dependent on Mr. Narens prowess or due to procedures and process in place which are never over ruled and time tested.
I agree with Mr.Dhiraj, lack of consistency is an issue ICICI MF. May be they lack the killer instinct, may be they lack the fire power(in terms of depth of fund management and research teams). No advisor would like to give business in just 2 or 3 fund houses. We certainly would like to have choice in terms of quality funds, so that we can diversify across fund houses. Wish ICICI MF gives me one more option to recommend to my clients, wish they stop playing the second fiddle and try to be among the best. All the best in your efforts in improving the quality of your funds Mr.Nimesh Shah.
You need to push up the performance. The alpha being generated is not upto the investors expectations. The Scorecard in this note also illustrates the same. Against over 90% AUM in the first quartile in the 3 and 5 year periods, only 17% is in the first quartile in one yr period. And the third quartile has swelled from almost nil to 28% in one yr period. A huge 54% in second quartile in one yr period against 5% in the 3 to 5 year periods.
sir, congratulations for your consistent performance in flag ship schemes. your support to ifa community sh continue. in the changing regulatory framework, need of the hour is to offer more educative support and training. I am confident ipru will consider this as major issue to address.
EXCELLENT PERFORMANCE BY FOCUSSED BLUECHIP, DICOVERY FUNDS, HOPE THE MOMENTUM CONTINUES, GOOOD LUCK TO UR TEAM, PROUDS TO BE PART OF UR DISTRIBUTION NETWORK