ICICI Prudential Equity Schemes Bluebook | September 2022
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The document discusses various investment avenues offered by ICICI Prudential, emphasizing the importance of equity in creating long-term wealth and providing inflation-adjusted returns. It outlines the performance of different asset classes including equity, debt, and gold, while also detailing several mutual fund schemes categorized by their investment strategies and objectives. Key features of these schemes include diversification, tax benefits, and the potential for significant capital growth over time.
ICICI Prudential Equity Schemes Bluebook | September 2022
- 1. ICICI Prudential Equity Blue Book
- 2. Investment Avenues – Asset Classes REAL ESTATE EQUITY FIXED INCOME GOLD SAVINGS 2
- 3. Investment Avenues – Asset Classes: Equity Data Source : BSE. Data upto August 31,2022 has been considered. Past performance may or may not sustain in future. UPA: United Progress Alliance. GDP: Gross Domestic Product, EU: European Union. Sensex levels signify S&P BSE Sensex levels. NDA: National Democratic Alliance. Covid: Coronavirus Disease., QE: Quantitative Easing Historically, despite short term volatilities, equity markets have created wealth for investors over long term 3 - 10,000 20,000 30,000 40,000 50,000 60,000 70,000 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Sensex Levels Wealth Creation Journey (S&P BSE Sensex) 2008 Lehman Crisis Quantative Easing (QE) 1 2nd Term for UPA Govt. Eurozone Debt Crisis QE 3 UK votes to leave EU Geo-Political tensions prevail, India GDP growth dwindles Covid vaccination success & Global Economies recovering NDA wins general election by absolute majority QE 2 Geo-Political Tensions between Russia- Ukraine escalates Coronavirus (COVID) scare Demonetization COVID- 3rd Wave High Inflation Prints
- 4. Value of INR 50,000 kept in a box Inflation tends to erode Purchasing Power of Money 4 All figures in Rs. Inflation assumed at 6%; The figures mentioned here are hypothetical and are only for illustrative purposes. Actual figures may vary. 37,363 27,920 20,863 15,590 5Y 10Y 15Y 20Y Inflation @6%
- 5. Good inflation adjusted returns Inflation – CPI assumed @ 6% ; Equity Returns– S&P BSE Sensex TRI. Data in CAGR terms from Jan 01, 2002 to August 31, 2022. Data Source: BSE. Past performance may or may not sustain in future. From the Period of 2002 – 22, Equity has generated an annual average of ~11% inflation adjusted returns Investing in Equity provides good inflation adjusted returns 5 0 10 15 20 Returns Inflation adjusted Equity Returns Inflation 17% 11% 6% 5 25
- 6. 267.10 286.95 450.56 100 150 200 250 300 350 400 450 500 CY 2008 CY 2009 CY 2010 CY 2011 CY 2012 CY 2013 CY 2014 CY 2015 CY 2016 CY 2017 CY 2018 CY 2019 CY 2020 CY 2021 Debt Equity Gold Asset class performance over years Data from Jan 2008 to Dec 21 is considered. Data Spurce: MFIE. For: Debt growth – Gsec returns; Gold growth– Gold prices; Equity – S&P BSE Sensex returns. Past performance may or may not sustain in future. CY: Calendar Year Growth of Rs. 100 over the years 6
- 7. Importance of Equity in an Investor’s Portfolio Equity is important for investors as it plays the following key roles: Helps in Long- term wealth generation Consistent cashflows in the form of Dividends Become a part owner in a company Aims to provides better inflation adjusted returns 7
- 8. Why Equity Mutual Funds? * Applicable for investors opting for old tax regime. Please consult your tax advisor for more details Equity Mutual funds are generally managed by experienced professionals Portfolio Diversification Equity mutual funds tend to have well diversified portfolios that help minimize concentration risk. Investing in Equity Linked Savings Scheme helps avail tax benefits* Easy On Pockets Minimum investment amount can be as low as Rs. 500 Reasonable Costs Mutual Funds offer good investment opportunity at reasonable fund management fees and other expenses. 8 Professionally Managed Tax Planning
- 9. Modes of Investing in Mutual Funds? Lump Sum or One Time Investment Systematic Investment Plan (SIP) Systematic Transfer Plan (STP) Switches 9
- 10. • Lumpsum Redemption • You can withdraw a fixed amount of money regularly from your lump-sum investment through Systematic Withdrawal Plans. You could invest a lump-sum amount in an equity fund Modes to Exit from Mutual Funds 10
- 11. Long-term SIPs in equity mutual fund schemes aims for long term wealth generation Rs.10,000 assumed to be invested at start of every month. SIP growth rate assumed to be 0.95% every month (or 12% annually). Growth is compounded monthly. This is for illustrative purpose only. Actual results may vary. The returns are calculated by XIRR approach assuming SIP investment of Rs 10000/- on the first working day of every month. Past performance may or may not sustain in the future. Aug 2010 Nov 2013 Aug 2022 Goal Rs. 7.10 lakh Rs. 10.1 lakh Rs. 9 lakh Rs. 14.12 lakh Rs. 12.9 lakh Rs. 25.12 lakh Rs. 23.1 lakh Rs. 85.7 lakh Go on a family vacation (International) Child Education & Marriage Buy House What You Can Do? Invested Amount Wealth Accumulated As On 11 NA Time March 2003 Jan 2009 A monthly SIP of Rs. 10,000 can help you achieve multiple goals Buy a Car Start Monthly SIP of Rs 10,000
- 12. ICICI Prudential Mutual Fund Equity Product Bouquet 12
- 13. ICICI Prudential Bluechip Fund Risk ICICI Prudential Long Term Equity Fund (Tax Saving) ICICI Prudential ESG Fund ICICI Prudential Business Cycle Fund ICICI Prudential Value Discovery Fund ICICI Prudential Focused Equity Fund ICICI Prudential Large & Mid cap Fund ICICI Prudential India Opportunities Fund ICICI Prudential Multicap Fund ICICI Prudential Midcap Fund ICICI Prudential Smallcap Fund ICICI Prudential Equity Products - Fund Positioning 13 ICICI Prudential Flexicap Fund Please Note: a) Schemes which have high flexibility to move across market cap (without any minimum allocation to a particular market cap) and/or b) scheme which have flexibility to move across sectors or themes and/or c) schemes which have no restriction on stock limit have been classified as moderate funds and the remaining has been classified as aggressive funds. The investment approach and asset allocation strategy will be as per the Scheme Information Document. . Please refer to the Scheme Information Document for more details
- 14. ICICI Prudential Bluechip Fund Scheme Category: Large - Cap WHY SHOULD ONE INVEST? • True to Label: Large-Cap Fund • Adopts buy and hold strategy in high conviction stocks • Sector neutral approach compared to benchmark WHO SHOULD INVEST? Investors seeking to establish the core part of their portfolio through Large - Caps WHAT IS THE IDEAL HOLDING PERIOD? 5 years and above MARKET CAPITALIZATION 14 Scheme Characteristics Minimum investment in equity instruments of Large Cap companies: 80% Investment Style Growth Style Inception Date 23 May, 2008 Exit Load Upto 1 Year from allotment - 1% of applicable NAV, more than 1 Year - Nil Fund Manager Anish Tawakley & Vaibhav Dusad Data as on August 31, 2022 . Market Cap classification is as per AMFI classification. The investment approach and asset allocation strategy will be as per the Scheme Information Document Large Cap 90% Mid Cap 9% Small Cap 1% Benchmark & AUM Benchmark: Nifty 100 TRI AUM: Rs. 33,739 crores
- 15. ICICI Prudential Long Term Equity Fund (Tax Saving) Scheme Category: Equity Linked Savings Scheme (ELSS) WHY SHOULD ONE INVEST? • Provides combination of tax savings and wealth creation • Three year lock in period provides flexibility to Fund Manager to select stocks with a long term perspective WHO SHOULD INVEST? Investors who wish to utilize the benefits of both investing in equities and tax savings WHAT IS THE IDEAL HOLDING PERIOD? 5 years and above MARKET CAPITALIZATION 15 Scheme Characteristics An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit Investment Style A blend of growth and value style Inception Date 19 Aug, 1999 Exit Load Nil Fund Manager Harish Bihani Data as on July 31, 2022 . Market Cap classification is as per AMFI classification. The investment approach and asset allocation strategy will be as per the Scheme Information Document Large Cap 80% Mid Cap 8% Small Cap 12% Benchmark & AUM Benchmark: Nifty 500 TRI AUM : Rs. 10,146 crores
- 16. ICICI Prudential ESG Fund Scheme Category: Thematic/ Sectoral WHY SHOULD ONE INVEST? The scheme invest in companies with ESG Score i.e. Environmental Empathy, Social Responsibility and Corporate Governance and thus encourage companies to behave more responsibly WHO SHOULD INVEST? Investors who wish to invest in ESG-compliant companies which reflects the strength and stability of the companies WHAT IS THE IDEAL HOLDING PERIOD? 5 years and above MARKET CAPITALIZATION 16 Scheme Characteristics An open ended equity scheme investing in companies identified based on the Environmental, Social and Governance (ESG) theme Investment Style Growth Style Inception Date 9 Oct, 2020 Exit Load Upto 1 Year from allotment - 1% of applicable NAV, more than 1 Year - Nil Fund Manager Mittul Kalawadia Data as on August 31, 2022 . Market Cap classification is as per AMFI classification. The investment approach and asset allocation strategy will be as per the Scheme Information Document Large Cap 62% Mid Cap 17% Small Cap 21% Benchmark & AUM Benchmark: NIFTY 100 ESG TRI AUM: Rs. 1,416 crores
- 17. ICICI Prudential Value Discovery Fund Scheme Category: Value Fund WHY SHOULD ONE INVEST? • Follows value approach, which involves selecting stocks which are trading less than their intrinsic values. • Invests across market-cap WHO SHOULD INVEST? Investors willing to invest for a long term capital growth and aim to take benefit of value unlocking in companies WHAT IS THE IDEAL HOLDING PERIOD? 5 years and above MARKET CAPITALIZATION 17 Scheme Characteristics Minimum equity exposure of 65% following a value investment strategy Investment Style Value Style Inception Date 16 Aug, 2004 Exit Load Upto 12 months from allotment - 1% of applicable NAV, more than 12 months- Nil Fund Manager Sankaran Naren and Dharmesh kakkad Data as on August 31, 2022. Market Cap classification is as per AMFI classification. The investment approach and asset allocation strategy will be as per the Scheme Information Document Large Cap 83% Mid Cap 8% Small Cap 9% AUM Benchmark: Nifty 500 TRI AUM: Rs. 25,576 crores
- 18. ICICI Prudential Flexicap Fund Scheme Category: Flexicap Fund WHY SHOULD ONE INVEST? • Mix of top-down & bottom-up approach for stock selection across market caps • Follows in-house Marketcap model for appropriate allocations & periodic rebalancing across Large, Mid & Smallcap basis market conditions WHO SHOULD INVEST? Investors willing to stay invested for a long term & aims to seek benefit from dynamic nature of the scheme in navigating across market capitalization WHAT IS THE IDEAL HOLDING PERIOD? 5 years and above MARKET CAPITALIZATION 18 Scheme Characteristics Investing across large cap, mid cap & small cap stocks Investment Style A blend of growth and value style Inception Date 17 July, 2021 Exit Load Upto 12 months from allotment - 1% of applicable NAV, more than 12 months- Nil Fund Manager Rajat Chandak Large Cap 75% Mid Cap 17% Small Cap 8% Benchmark & AUM Benchmark : S&P BSE 500 TRI Rs. 12,275 crores Data as on August 31, 2022. Market Cap classification is as per AMFI classification. The investment approach and asset allocation strategy will be as per the Scheme Information Document. . In order to manage the scheme and to ensure that the Scheme attains its investment objective, the AMC has developed an in-house model to invest across market caps in a structured manner.
- 19. ICICI Prudential Multicap Fund Scheme Category: Multicap Fund WHY SHOULD ONE INVEST? • Invests a minimum of 25% in Large, Mid and Small Cap stocks • Combination of top down & bottom up approach WHO SHOULD INVEST? Investors looking for diversified exposure across various sectors and various market capitalization WHAT IS THE IDEAL HOLDING PERIOD? 5 years and above MARKET CAPITALIZATION 19 Scheme Characteristics Minimum investment in equity and equity related instruments: Large Cap, Midcap and Smallcap : 25% each Investment Style Growth Style Inception Date 1 Oct, 1994 Exit Load Upto 12 months from allotment - 1% of applicable NAV, more than 12 months- Nil Fund Manager Mr. Sankaran Naren and mr Anand Sharma Data as on August 31, 2022. Market Cap classification is as per AMFI classification. The investment approach and asset allocation strategy will be as per the Scheme Information Document Large Cap 42% Mid Cap 30% Small Cap 28% Benchmark & AUM Benchmark: Nifty 500 Multicap 50:25:25 TRI AUM: Rs. 6,875 crores
- 20. ICICI Prudential Focused Equity Fund Scheme Category: Focused Fund WHY SHOULD ONE INVEST? • High stock concentration with an aim create long term wealth creation • Follows a bottom up stock selection approach • Invests across market-cap WHO SHOULD INVEST? Investors who wish to participate aggressively in equities through concentration in high conviction call. WHAT IS THE IDEAL HOLDING PERIOD? 5 years and above MARKET CAPITALIZATION 20 Scheme Characteristics An open ended equity scheme investing in maximum 30 stocks across market capitalization i.e focus on multicap Investment Style A blend of Growth and Value Style Inception Date 28 May, 2009 Exit Load Upto 1 year from allotment - 1% of applicable NAV, more than 1 year- Nil Fund Manager Mr. Sankaran Naren & Mr. Vaibhav Dusad Market Cap classification is as per AMFI classification. Data as on August 31, 2022. The investment approach and asset allocation strategy will be as per the Scheme Information Document Large Cap 89% Mid Cap 6% Small Cap 5% Benchmark & AUM Benchmark: S&P BSE 500 TRI AUM: Rs. 3,657 crores
- 21. ICICI Prudential Large & Midcap Fund Scheme Category: Large & Midcap Fund WHY SHOULD ONE INVEST? • The scheme adopts a mix of top down and bottom up approach for stock selection • Fixed minimum allocation to Large and Mid Caps • Follows a sector agnostic approach WHO SHOULD INVEST? Investors who wish to generate wealth by having exposure to both large & mid caps WHAT IS THE IDEAL HOLDING PERIOD? 5 years and above MARKET CAPITALIZATION 21 Scheme Characteristics Minimum investment in Large & Mid Cap stocks each: 35% Investment Style A blend of Growth and Value Style Inception Date 9 July, 1998 Exit Load Upto 1 month from allotment - 1% of applicable NAV, more than 1 month- Nil Fund Manager Mr. Ihab Dalwai Data as on August 31, 2022. Market Cap classification is as per AMFI classification. The investment approach and asset allocation strategy will be as per the Scheme Information Document Large Cap 60% Mid Cap 36% Small Cap 4% Benchmark & AUM Benchmark: Nifty LargeMidcap 250 TRI AUM: Rs. 5,642 crores
- 22. ICICI Prudential India Opportunities Fund Scheme Category: Thematic/ Sectoral WHY SHOULD ONE INVEST? • Invest in opportunities presented by special situation • Concentrated portfolio with bottom up approach • Market – Cap and sector agnostic approach WHO SHOULD INVEST? Investors looking for wealth creation with an appetite for higher volatility arising out of special situation theme WHAT IS THE IDEAL HOLDING PERIOD? 5 years and above MARKET CAPITALIZATION 22 Scheme Characteristics Minimum 80% investment in equity & equity related instruments of special situations theme. Investment Style A blend of Growth and Value Style but predominantly value investing Inception Date 15 Jan, 2019 Exit Load Upto 12 month from allotment - 1% of applicable NAV, more than 12 month - Nil Fund Manager Sankaran Naren & Roshan Chutkey Data as on August 31, 2022. Market Cap classification is as per AMFI classification. The investment approach and asset allocation strategy will be as per the Scheme Information Document Large Cap 67% Mid Cap 18% Small Cap 15% AUM Benchmark: Nifty 500 TRI AUM: Rs. 5,773 crores
- 23. ICICI Prudential Midcap Fund Scheme Category: Mid cap Fund WHY SHOULD ONE INVEST? • Investing in midcap companies with long term growth opportunities • Tactical allocation of part of portfolio in large and small caps based on current market view WHO SHOULD INVEST? Investors looking for long term wealth creation by having exposure towards companies which may transform into tomorrow’s market leaders WHAT IS THE IDEAL HOLDING PERIOD? 5 years and above MARKET CAPITALIZATION 23 Scheme Characteristics Minimum investment in Mid Cap stocks: 65% Investment Style A blend of Growth and Value Style Inception Date 28 Oct, 2004 Exit Load Upto 1 year from allotment - 1% of applicable NAV More than 1 year- Nil Fund Manager Mr. Lalit Kumar Data as on JAugust 31, 2022. Market Cap classification is as per AMFI classification. The investment approach and asset allocation strategy will be as per the Scheme Information Document Large Cap 9% Mid Cap 75% Small Cap 16% Benchmark & AUM Benchmark: Nifty Midcap 150 TRI AUM: Rs. 3,558 crores
- 24. ICICI Prudential Smallcap Fund Scheme Category: Small Cap Fund WHY SHOULD ONE INVEST? • Bottom- Up stock selection, based on extensive research and screening • Tactical allocation to Large & Mid Caps for liquidity purpose WHO SHOULD INVEST? Investors willing to accept higher volatility to participate in growth potential of Small Caps over the long term WHAT IS THE IDEAL HOLDING PERIOD? 5 years and above MARKET CAPITALIZATION 24 Scheme Characteristics Minimum investment in Small Cap stocks: 65% Investment Style A blend of Growth and Value Style Inception Date 18 Oct, 2007* Exit Load Upto 1 year from allotment - 1% of applicable NAV More than 1 year- Nil Fund Manager Harish Bihani Data as on August 31, 2022. Market Cap classification is as per AMFI classification. *The scheme was re-categorized into Small cap Fund in May 2018. The investment approach and asset allocation strategy will be as per the Scheme Information Document Large Cap 3% Mid Cap 3% Small Cap 94% Benchmark & AUM Benchmark: Nifty Smallcap 250 TRI AUM: Rs. 4,138 crores
- 25. ICICI Prudential Business Cycle Fund Scheme Category: Thematic/ Sectoral WHY SHOULD ONE INVEST? • Top Down Approach of investing, based on various macro indicators – inflation, growth, fiscal deficit, etc. • Invests across Marketcap, Themes, Sectors WHO SHOULD INVEST? Investors willing to adopt opportunistic approach to invest across cycles through macro approach over the long term WHAT IS THE IDEAL HOLDING PERIOD? 5 years and above MARKET CAPITALIZATION 25 Scheme Characteristics An open ended equity scheme following business cycles based investing theme Investment Style A blend of Value and Growth style Inception Date 18 Jan, 2021 Exit Load Upto 1 month from allotment - 1% of applicable NAV More than 1 month- Nil Fund Manager Anish Tawakley, Lalit Kumar & Manish Banthia (involved in identifying business cycles) Data as on August 31, 2022. Market Cap classification is as per AMFI classification. The investment approach and asset allocation strategy will be as per the Scheme Information Document Large Cap 81% Mid Cap 12% Small Cap 7% Benchmark & AUM Benchmark: Nifty 500 TRI Rs. 5,095 crores
- 26. Riskometers ICICI Prudential Long Term Equity Fund (Tax Saving) (An open ended equity linked savings scheme with a statutory lock in of 3 years and tax benefit) is suitable for investors who are seeking*: Investors • Long term wealth creation solution • An equity-linked savings scheme that aims to generate long term capital appreciation by primarily investing in equity and related securities and provide tax benefit under Section 80 C of Income Tax Act, 1961 *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ICICI Prudential Smallcap Fund (An open ended equity scheme predominantly investing in small cap stocks.) is suitable for investors who are seeking*: • Long term wealth creation • An open-ended equity scheme that seeks to generate capital appreciation by predominantly investing in equity and equity related securities of small cap companies. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ICICI Prudential Bluechip Fund (An open ended equity scheme predominantly investing in large cap stocks) is suitable for investors who are seeking*: • Long term wealth creation • An open ended equity scheme predominantly investing in large cap stocks *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Please note that the Risk-o-meter(s) specified above will be evaluated and updated on a monthly basis. The above riskometers are as on August 31, 2022. Please refer to https://www.icicipruamc.com/news- and-updates/all-news for more details. 26
- 27. Riskometers ICICI Prudential India Opportunities Fund (An Open Ended Equity Scheme following Special Situations theme) is suitable for investors who are seeking*: Investors • Long term wealth creation • An equity scheme that invests in stocks based on special situations theme *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ICICI Prudential Multicap Fund (An open ended equity scheme investing across large cap, mid cap, small cap stocks.) is suitable for investors who are seeking*: • Long term wealth creation • An open-ended equity scheme investing across large cap, mid cap and small cap stocks *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ICICI Prudential Value Discovery Fund (An open ended equity scheme following a value investment strategy.) is suitable for investors who are seeking*: • Long term wealth creation • An open ended equity scheme following a value investment strategy *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. 27 Please note that the Risk-o-meter(s) specified above will be evaluated and updated on a monthly basis. The above riskometers are as on August 31, 2022. Please refer to https://www.icicipruamc.com/news- and-updates/all-news for more details.
- 28. Riskometers ICICI Prudential Focused Equity Fund (An open ended equity scheme investing in maximum 30 stocks across market-capitalisation i.e focus on multicap) is suitable for investors who are seeking*: • Long term wealth creation • An open-ended equity scheme investing in maximum 30 stocks across market-capitalisation. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ICICI Prudential Large & Mid Cap Fund (An open ended equity scheme investing in both large cap and mid cap stocks.) is suitable for investors who are seeking*: • Long term wealth creation • An open-ended equity scheme investing in both large cap and mid cap stocks *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ICICI Prudential Midcap Fund (An open ended equity scheme predominantly investing in mid cap stocks.) is suitable for investors who are seeking*: • Long term wealth creation • An open-ended equity scheme that aims for capital appreciation by investing in diversified mid cap companies. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. 28 Please note that the Risk-o-meter(s) specified above will be evaluated and updated on a monthly basis. The above riskometers are as on August 31,2022. Please refer to https://www.icicipruamc.com/news- and-updates/all-news for more details.
- 29. Riskometers ICICI Prudential Business Cycle Fund (An open ended equity scheme following business cycles based investing theme) is suitable for investors who are seeking*: • Long term wealth creation • An equity scheme that invests in Indian markets with focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ICICI Prudential ESG Fund (An open ended equity scheme investing in companies identified based on the Environmental, Social and Governance (ESG) theme) is suitable for investors who are seeking*: • Long term wealth creation • An equity scheme that invests in equity and equity related instruments of companies following the ESG theme *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. 29 Please note that the Risk-o-meter(s) specified above will be evaluated and updated on a monthly basis. The above riskometers are as on August 31, 2022. Please refer to https://www.icicipruamc.com/news- and-updates/all-news for more details.
- 30. Disclaimer Mutual Fund investments are subject to market risks, read all scheme related documents carefully. In preparation of the material contained in this document, ICICI Prudential Asset Management Company Limited (the AMC) has used information that is publicly available, including information developed in-house. Some of the material used in the document may have been obtained from members/persons other than the AMC and/or its affiliates and which may have been made available to the AMC and/or to its affiliates. Information gathered and material used in this document is believed to be from reliable sources. The AMC, however, does not warrant the accuracy, reasonableness and / or completeness of any information. We have included statements / opinions / recommendations in this document, which contain words, or phrases such as “will”, “expect”, “should”, “believe” and similar expressions or variations of such expressions that are “forward looking statements”. Actual results may differ materially from those suggested by the forward looking statements due to risk or uncertainties associated with our expectations with respect to, but not limited to, exposure to market risks, general economic and political conditions in India and other countries globally, which have an impact on our services and / or investments, the monetary and interest policies of India, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or other rates or prices etc. The AMC (including its affiliates), the Mutual Fund, the trust and any of its officers, directors, personnel and employees, shall not be liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of this material in any manner. The recipient alone shall be fully responsible/are liable for any decision taken on this material. All figures and other data given in this document are dated and the same may or may not be relevant in future. The information contained herein should not be construed as a forecast or promise nor should it be considered as an investment advice. Investors are advised to consult their own legal, tax and financial advisors to determine possible tax, legal and other financial implication or consequence of subscribing to the units of ICICI Prudential Mutual Fund. The sector(s)/stock(s) mentioned in this communication do not constitute any recommendation of the same and ICICI Prudential Mutual Fund may or may not have any future position in these sector(s)/stock(s). Past performance may or may not be sustained in the future. The portfolio of the scheme is subject to changes within the provisions of the Scheme Information document of the scheme. Please refer to the SID for more details. 30