Analysts/Institutional Investor Meet/Con. Call Updates

IPAMC/SE/58/26-27 October 16, 2026 To, To, BSE Limited, National Stock Exchange of India Ltd., Listing Department, Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Mumbai – 400001 G block, Bandra Kurla Complex, Scrip code: 544658 Bandra (East), Mumbai – 400051 NSE Symbol: ICICIAMC Dear Sir/Madam, Sub: Transcripts of media call and earnings call for the quarter ended September 30, 2026 Pursuant to Regulation 30 read with Schedule III Part A Para A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the SEBI Listing Regulations), we request you to please find enclosed herewith transcripts of the media call and earnings call with analysts and investors on the unaudited financial results of the Company for the quarter ended September 30, 2026. The said transcripts are also available on the Company’s website at www.icicipruamc.com in compliance with Regulation 46 of the SEBI Listing Regulations. You are requested to kindly take the same on records. For ICICI Prudential Asset Management Company Limited Meghna Madani Authorised Signatory Encl.: as above ICICI Prudential Asset Management Company Limited Corporate Identity Number: L99999DL1993PLC054135 Corporate Office: ICICI Prudential Mutual Fund Tower, Santacruz East, Mumbai – 400055 Tel: +91 22 6647 0200/2652 5000 Fax: +91 22 6666 6582/83, website: www.icicipruamc.com, email id: enquiry@icicipruamc.com Central Service Office: 2nd Floor, Block B-2, Nirlon Knowledge Park, Western Express Highway, Goregaon (East), Mumbai – 400 063 , Tel No.: 022 26852000, Fax No.: 022-2686 8313 Registered Office: 12th Floor, Narain Manzil, 23, Barakhamba Road, New Delhi – 110 001 ICICI Prudential Asset Management Company Limited Media Conference Call - Quarter ended September 30th, 2026, October 12, 2026 Except for the historical information contained herein, statements in this release which contain words or phrases such as 'will', 'would', ‘indicating’, ‘expected to’ etc., and similar expressions or variations of such expressions may constitute 'forward looking statements'. These forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those contemplated by the forward- looking statements. These risks and uncertainties include, but are not limited to, actions of regulatory authorities, regulatory changes pertaining to the industry in which we operate and our ability to respond to such changes, our ability to successfully implement our strategy, our growth and expansion in business, technological implementation and changes, the actual growth in demand for AMC’s products and services, cash flow projections, our exposure to market risks, impact of competition; the impact of changes in accounting standards, tax and other legislations and regulations in the jurisdictions where the Company has operations or which affect global or Indian economic conditions as well as other risks detailed in the reports filed by ICICI Bank Limited, our holding company, with the United States Securities and Exchange Commission. ICICI Bank Limited and we undertake no obligation to update forward-looking statements to reflect events or circumstances after the date hereof Moderator: Ladies and gentlemen, good day and welcome to the ICICI Prudential Asset Management Company Limited’s Media Conference Call for the quarter ended September 30, 2026. Joining us today on the call are Mr. Nimesh Shah, MD and CEO; Mr. Naveen Agarwal, Chief Financial Officer; Mr. Vipin Bhandari, Head of Business; and Mr. Harshil Sanghvi, Lead Investor Relations, who will be available to address your questions following our opening remarks. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star then zero on your touch-tone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Naveen Agarwal, CFO of ICICI Prudential AMC Limited. Over to you, sir. Naveen Agarwal: Good evening, everyone. Welcome to ICICI Prudential Asset Management Company Limited's earning call for the quarter ended September 30, 2026. I trust you had the opportunity to review our earnings presentation and the investor's materials, which have been shared on the stock exchange and our website. I'll start with the overview of the mutual fund industry. The industry's quarterly average AUM grew by 13.4% year-on-year and 5.1% sequentially in Q2 FY 2027, reaching to INR87.49 lakh crores. Equity and equity-oriented quarterly average AUM stood at INR48.19 lakh crores, reflecting a year-on-year growth of 15.3%. This growth reflects the continued broader trend of financialization of household savings despite periods of volatility driven by global rate movements, crude oil prices, geopolitical tensions, and even subdued market performance in the last two years. In the first half of the fiscal year, the NIFTY 50 delivered 1.3% return compared to Midcap of 12.5% and Smallcap at 24.6%. During this quarter, net flows for the equity categories were INR1.06 lakh crores, which marked an approximate 7% reduction as compared to previous quarter. September 2026 recorded SIP contribution of INR32,490 crores. Monthly SIP inflows remained largely stable throughout Q2 FY 2027. Debt segment continue to face marginal reduction in quarterly average AUM at INR11.60 lakh crores. Passive quarterly average AUM grew by 23% year-on-year and 3.1% sequentially to INR15.19 lakh crores. Industry continued to have positive new customer addition, reaching a count of 6.3 crores, which represents an increase of 11.1% year-on-year. I now hand over the call to Harshil for covering the performance of our company. Harshil Sanghvi: Thank you, Naveen. Good evening, everyone. For the quarter ended September 2026, our total mutual fund quarterly average AUM reached to INR11.61 lakh crores, which is up 14.4% year-on-year, thereby maintaining our position as the second largest AMC with a market share of 13.3%. In active schemes, we continue to maintain the highest market share of 13.3% with a quarterly average AUM of INR9.59 lakh crores. As of September 30, 2026, we continue to maintain our leadership position in equity and equity-oriented schemes with a market share of 13.7% and a quarterly average AUM of INR6.59 lakh crores. On year-on-year basis, we grew by 16.3%, thereby outperforming the industry growth rate. It is important to note that in H1 FY 2027, we continue to receive one of the highest net flows amongst the industry. The quarterly average AUM of our equity-oriented hybrid schemes grew to INR2.29 lakh crores. This represents the largest market share of 26.4% as of September 30, 2026. For H1 FY 2027, our margins on an annualized basis stands at 67 basis points for equity, 32 basis points for debt, 12 basis points for liquid, 12 basis points for passives, and 29 basis points for arbitrage. As of September 30, 2026, we have a unique customer base of 1.78 crores. In September 30, 2026, our systematic transactions, which includes SIPs and systematic transfer plans, stood at INR4,672 crores. Our distribution mix of our mutual fund equity quarterly average AUM is as follows, where MFDs accounts for 36.1%, National Distributors accounts for 15.9%, ICICI Bank share at 7.5%, other bank contributing 10.6%, and direct representing 29.9%. On SIF, we continue to see good traction, leading to a quarterly average AUM of INR4,948 crores in Q2 FY 2027 versus INR2,678 crores in Q1 FY 2027. In this quarter, we launched NFOs of Balanced Hybrid Funds, Multi Asset Active Fund of Fund, Dynamic Asset Allocation Passive Fund of Fund, BSE Insurance ETF, and three Life Cycle Funds with maturity of 5, 10, and 15 years, thereby further expand [Showing first 8,000 characters — download PDF for full document]