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Fund manager · ICICI

Aatur Shah

Fund Manager – MF Equity at ICICI. Runs 4 schemes worth ₹13,662 Cr.

  • Fund house

    ICICIThey run their schemes at ICICI.

  • AUM they run

    ₹13,662 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.

  • Schemes

    4 now · 0 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Apr 2025.

  • Experience

    10 yearsOver 10 years of experience

Profile(ICICI's SAI, 30 Jun 2026)

About

Role
Fund Manager – MF Equity
Studied
Chartered Accounta nt, Chartered Financial Analyst (CFA) and B.Com
Age
33 years
Experience
Over 10 years of experience

Schemes now4

  1. ICICI Prudential Small Cap Fund₹9,791 Cr
  2. ICICI Prudential Equity Minimum Variance Fund₹2,451 Cr
  3. ICICI Prudential Childrens Fund₹1,376 Cr
  4. ICICI Prudential Life Cycle Fund 2031₹44.4 Cr

AUM they run(Apr 2025 – Sept 2026)

AUM at month end each month, and its change on the month before
12 months₹ CrChange
Sept 202613,662−1.9%
Aug 202613,928+0.9%
Jul 202613,804+0.9%
Jun 202613,678+3.0%
May 202613,284+1.1%
Apr 202613,138+12.1%
Mar 202611,724−11.6%
Feb 202613,269+39.7%
Jan 20269,501−3.5%
Dec 20259,846−0.3%
Nov 20259,877−1.6%
Oct 202510,034+2.1%
AUM at month end, Sept 2026
₹13,662 Cr
+36.2% since Oct 2025
Fig. 1.The AUM of the schemes Aatur Shah ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time(Apr 2025 – now)

  1. Small Cap Fund
  2. Childrens Fund
  3. Equity Minimum Variance Fund
  4. Life Cycle Fund 2031
ICICI2026
Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes(Apr 2025 – now)

ICICI

4 now · since Apr 2025
  1. ICICI Prudential Small Cap Fund
    Fund managerApr 2025—1y 7m₹9,791 CrSmall CapTER 0.71%
  2. ICICI Prudential Equity Minimum Variance Fund
    Co-managerFeb 2026—9m₹2,451 CrSectoral / ThematicTER 1.86%
  3. ICICI Prudential Childrens Fund
    Fund manager, equityAug 2025—1y 3m₹1,376 CrChildren'sTER 1.46%

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance(4 schemes)

Growth · Direct plans

Return as manager
+4.59%
Beat peers
0 of 2
vs peers
−4.77 pt
Longest run
1.5 years
Beat benchmark
Upcoming
Each scheme Aatur Shah ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
ICICI Prudential Small Cap Fund
Apr '25–now · 1.5y
+11.49%+16.71%−5.21 pt––
ICICI Prudential Childrens Fund
Aug '25–now · 1.2y
−2.31%+2.02%−4.33 pt––
ICICI Prudential Equity Minimum Variance Fund
Feb '26–now · 0.7y
−6.68%+2.23%−8.91 pt––
ICICI Prudential Life Cycle Fund 2031
Sep '26–now · 0.1y
−2.59%−0.51%−2.08 pt––
Fig. 1.Each scheme Aatur Shah ran, against its peers and benchmark over the same months. Source: AMFI.

Works with(9 now)

  1. Rohit LakhotiaChildrens Fund · Life Cycle Fund 20312 schemes
  2. Darshil DedhiaChildrens Fund1 scheme
  3. Gaurav ChikaneLife Cycle Fund 20311 scheme
  4. Gaurav JainSmall Cap Fund1 scheme
  5. Manish BanthiaLife Cycle Fund 20311 scheme
  6. Nitya MishraEquity Minimum Variance Fund1 scheme
  7. Rajat ChandakSmall Cap Fund1 scheme
  8. Sakshat GoelSmall Cap Fund1 scheme

Career(Feb 2020 – Apr 2025)

~ ICICI Prudential Asset Management Company Limited – Research Analyst

  1. Position not stated
    Feb 2020—Apr 20255y 3m

Source.ICICI's Statement of Additional Information, as of 30 Jun 2026.