Prudential ICICI becomes no 0ne Mutual Fund

Mumbai, June 2 (UNI) Prudential ICICI AMC (Asset Management company) has emerged as the largest Indian mutual fund having recorded assets under management (AUM) of Rs 32,151 crore, as per figures released by the Association of Mutual Funds of India (AMFI) for the month ended May 2006.

Stating this, a company's release issued here today said it has added Rs 4,648 crore during the month of May to achieve this milestone.

Prudential ICICI AMC is a joint venture between ICICI Bank and UK-based Prudential Plc and it has a presence in 68 cities across India, the release added.

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