Readers, I want to know from ex-interns/associates about the funds practice at the firm.

Additionally if anyone has an idea if they would be looking to hire from the 2025 batch. If yes, would it be a good idea to approach a partner directly?

Thanks

Good team, neither great nor bad (overhyped by LE at the same time underestimated by the trolls who reply to those comments)

Hiring is a hit or miss here as it's the most sought out practice in the firm.

Interning there is the best chance you have.

ICUL Funds team is like a Tier 1 practice Ina Tier 4 firm, like a Lamborghini in Dharawi. While ICUL is a firm to be avoided. Funds teams is the best. It's like a firm within a firm. Even salaries are far higher.

Any recommendations for getting an internship there?

ICUL is a reasonable Tier 2 firm overall as ticks all the boxes to be there. But yes Funds certainly is a notch higher as a practice area there.

Loooool - there are no Lamborghinis in Dharawi - so more likely a 5th hand Maruti 800 with Lambo hubcaps on the car…

Yeah thats why they top all the funds rankings and get first slots. Every big global asset manager probably uses ICUL for their regulatory and funds work in India. Have the biggest and best paid funds team in India. Unanimous view and known facts in the market so better to give a fair review for someone to get info right. cheers

Unfortunately, all said and done, they rule the asset management, funds and regulatory practice areas in India like a boss. Their super success has been a heartburn for many, as can be seen here. The team is paid and treated so well that headhunters cannot poach any of their stars and similarly difficult is the entry at lateral level as they prefer to train and treat their freshers well who serve them for seriously long. That is why you will see no attrition at the senior level. Stick together and play the premium game as market leader is the best strategy after all. Every large player in the market is on their clientele, every second large premium industry event being sponsored by them. They are quickly becoming a Bugatti and some ppl are still stuck with Lamborghini and Dharavi so yes joke is on you. Its always a treat to see an underdog emerging as a winner to surprise and displeasure of many.

There could logically be another reason - why no one wants to pick up anyone from there. More likely. Much more likely.

Haha grapes are sour. Turning a complete blind eye to their team’s all round achievements (a simple google search would have shown you the mirror) is a good way to not burst one’s bubble so live happily in that my friend, good for you. Speak to headhunters if at all someone is willing to entertain an ignorant soul, to get the story right. But hate toh hate hai, enjoy that at least!

ICUL Funds clearly seem to be on your keyword search everyday. You yourself must be posting stories if no-one else does. True true love.

You worry a lot for ICUL. Stop worrying so much, not good for your health. They will do just fine without your constant worries too. Meditate and do deep breathing, will help.