ICICI Pru AMC CEO Nimesh Shah: Beating benchmarks is our 'dharma'

• ICICI Prudential AMC launched a Rs 10,600-crore IPO on December 12.
• CEO Nimesh Shah emphasizes that beating benchmarks is the firm's "dharma" and core duty.
• Monthly SIP and STP flows, totaling around Rs 4,800 crore, are a primary growth driver for the AMC.
• The company is expanding into alternatives like PMS, AIFs, and commercial real estate for future growth.
• Shah believes scale and consistent performance will help mitigate the impact of potential fee reductions.

Why It Matters: It explains a top AMC's strategy for investor returns and sustainable growth.