ICICI Prudential Emerging Leaders Fund – Series III

ICICI Prudential
Fund profile
About the Fund
ICICI Prudential Emerging Leaders Fund – Series III focuses mainly on listed mid- and small-cap companies with strong growth potential and sustainable competitive advantages. It looks for economic moats, special situations and opportunities created by unfavorable business cycles. The strategy combines growth potential, competitive strength and business-cycle analysis to identify emerging leaders before their potential is fully reflected in valuations.
Source: About the Fund PDF.
Key metrics
AUM
₹2,600 Cr
Minimum investment
₹1 Cr
Vintage
2026
Top 10 weight
35.22%
Since inception
+2.37%
Inception
16 Mar 2026
Source-verified detail
Key Information
Fund manager
Anand Shah
Investment manager
ICICI Prudential
SEBI category
Category 3
Strategy
Equity
Benchmark
Nifty Mid-Smallcap 400
Management fee
2.25%
Top holding
4.75%
Initial drawdown
20% of the respective Capital Commitment
Status
Active
Data as of
31 Jul 2026
Source: Fact sheet / official materials provided by ICICI Prudential.
Disclosed figures
Performance since inception
Performance since inception
Performance for Class B1 Unit holders of Emerging Leaders Fund III. Returns are pre-tax and after deduction of management fees and other applicable charges. Series III inception date is 16 March 2026; returns less than one year are absolute. Past performance may or may not be sustained in future.
Source: Fact sheet / official materials provided by ICICI Prudential.
ICICI Prudential
About the Fund Manager
Anand Shah
CIO – PMS & AIF, ICICI Prudential AMC
Has two decades or more of fund management experience; PGDM from IIM Lucknow and B.E. from Regional Engineering College, Surat. Joined ICICI Prudential AMC in February 2021 to head PMS and AIF investments. Earlier Head of Equities at Canara Robeco, Co-Head Equities at ICICI Prudential AMC and Vice President – Investments at Kotak Mutual Fund.
- Experience
- Two decades or more
- Qualification
- PGDM, IIM Lucknow
- Joined ICICI Prudential AMC
- February 2021
Request / Enquiry

