Mutual Funds in India

AIG Global Investment Group Mutual Fund

Axis Mutual Fund

Baroda Pioneer Mutual Fund

Benchmark Mutual Fund

Bharti AXA Mutual Fund

Birla Sun Life Mutual Fund

BNP Paribas Mutual Fund

Canara Robeco Mutual Fund

Daiwa Mutual Fund

DBS Chola Mutual Fund

Deutsche Mutual Fund

DSP BlackRock Mutual Fund

Edelweiss Mutual Fund

Escorts Mutual Fund

Fidelity Mutual Fund

Fortis Mutual Fund

Franklin Templeton Mutual Fund

HDFC Mutual Fund

HSBC Mutual Fund

ICICI Prudential Mutual Fund

IDFC Mutual Fund

ING Mutual Fund

JM Financial Mutual Fund

JP Morgan Mutual Fund

Kotak Mahindra Mutual Fund

L&T Mutual Fund

LIC Nomura Mutual Fund

Lotus India Mutual Fund

Mirae Asset Mutual Fund

 Morgan Stanley Mutual Fund

Motilal Oswal Mutual Fund

Pramerica Mutual Fund

Principal Mutual Fund

Quantum Mutual Fund

Reliance Mutual Fund

Religare Mutual Fund

Sahara Mutual Fund

SBI Mutual Fund

Sundaram Mutual Fund

Tata Mutual Fund

Taurus Mutual Fund

UTI Mutual Fund

ICICI Mutual Fund
ICICI Prudential Mutual Fund (the Fund) offers a wide range of retail and corporate investment solutions across different asset classes
like Equity, Fixed Income and Gold.

The Fund House has continuously aimed to provide investors with financial solutions to aid them in achieving their lifecycle objectives.
It has constantly been on the forefront of innovation and has introduced products aligned to meet customer needs leading to a well-
diversified portfolio of around 57 mutual fund products. The success of the endeavors is evident in the mutual fund investor base that
has witnessed significant growth from 210 to over 2 Million currently.

ICICI Prudential Mutual Fund gained from managing funds as per its investment objectives and was able to deliver superior risk
adjusted returns. The consistent long term performance was achieved on the strength of fundamentals, process driven investment
approach with enough flexibility for the fund managers to manage their funds in their unique style and insight.

The fund house over the last 18 years has garnered trust of its investors and has emerged as the leading and preferred investment
solution provider in India. The fund house has always aimed to fulfill its fiduciary responsibility of managing investor's wealth with
prudence and due diligence.

ICICI Prudential Mutual Fund

Managed by ICICI Prudential Asset Management Company, ICICI Prudential Mutual Fund is a joint
venture between Prudential Plc and ICICI Bank. While Prudential Plc is one of the largest players in
insurance and fund management sectors in UK, ICICI Bank, on the other hand, is Indias second
largest bank in the private sector. Prudential Plc is a dominant player in international financial
services group, with operations spread across Asia, the US, and the UK. ICICI Bank provides
numerous banking products and financial services to both corporate and retail customers through
different delivery channels and specialized subsidiaries in the areas of investment banking, life and
non-life insurance, venture capital, and asset management. ICICI Prudential Mutual Fund offers
 plenty of retail and corporate investment solutions ranging in a variety of asset classes, namely,
Equity, Fixed Income, Real Estate, and Gold.
ICICI Prudential Aggressive Plan
ICICI Prudential Balanced Fund
ICICI Prudential Banking and Financial Services Fund
ICICI Prudential Blended Plan
ICICI Prudential Cautious Plan
ICICI Prudential Child Care Plan
ICICI Prudential Discovery Fund
ICICI Prudential Dynamic Plan
ICICI Prudential Emerging STAR Fund
ICICI Prudential Equity & Derivatives Fund
ICICI Prudential Flexible Income Plan
ICICI Prudential Floating Rate Plan
ICICI Prudential FMCG Fund
ICICI Prudential Focused Bluechip Equity Fund
ICICI Prudential Gilt Fund Investment Plan
ICICI Prudential Gilt Fund Treasury Plan
ICICI Prudential Income Plan
ICICI Prudential Index Fund
ICICI Prudential Indo Asia Fund
ICICI Prudential Infrastructure Fund
ICICI Prudential Liquid Plan
ICICI Prudential Long Term Floating Rate Plan
ICICI Prudential MIP 25
ICICI Prudential Moderate Plan
ICICI Prudential Monthly Income Plan
ICICI Prudential Nifty Junior Index Fund
ICICI Prudential Services Industries Fund
ICICI Prudential Short Term Plan
ICICI Prudential Spice Fund
ICICI Prudential Sweep Plan
ICICI Prudential Target Returns Fund
ICICI Prudential Tax Plan
ICICI Prudential Technology Fund
ICICI Prudential Top 100 Fund
ICICI Prudential Top 200 Fund
ICICI Prudential Very Aggressive Plan
 NRI Mutual Fund Invesment
A Mutual Fund is an investment option that allows investors access to a well diversifiedportfolio of equities, bonds and other securities.
Through Mutual Funds one can indirectly participate in stock market.
Benefits
Professional management and research: Each Mutual Fund is managed by Professional fund manager who regularly monitor market
trends and conduct indepth research of Mutual Funds.
Risk diversification: Reap the benefits of a large and well-diversified portfolio even with little investment. Reduce your risks and
augment your profits.
Convenience: Convenient features like dematerialized account statements, easy subscription and redemption processes, availability of
NAVs and performance details through journals, newspapers and updates, investing through MFs is hassle free and easy to track.
Liquidity: Open-ended funds provide the biggest advantage of redemption on demandan extremely beneficial feature especially
during rising or falling markets.
Tax advantages: Dividends from MFs are tax free in the hands of the investor (depending on latest Finance Act). Capital gain accrued
from MF investment for a period of over 1 year is treated as long term capital appreciation and is tax free.
Reduction in costs: Your investment costs are lowered given the very fact that MFs have a pool of money to invest and that they are
involved in buying and selling of large amounts of securities.
Others: Transparency (funds have to periodically make full disclosure of investments), flexibility in terms of needs-based choices, strict
regulation by SEBI with stringent compliance requirements to investor-friendly norms.

Types-of-Mutual-Funds
Based on your goals and your investment horizon, Mutual Funds give you the option to invest your money across various asset classes
like equity, debt and gold. This allows you to diversify your investments and strive to reduce your portfolio risk.

The different types of Mutual Funds are as follows -

Equity Funds / Growth Funds

Funds that invest in equity shares are called equity funds. They carry the principal objective of capital appreciation of the investment
over a medium to long-term investment horizon. Equity Funds are high risk funds and their returns are linked to the stock markets. They
are best suited for investors who are seeking long term growth. There are different types of equity funds such as Diversified funds,
Sector specific funds and Index based funds.

Diversified Funds

These funds provide you the benefit of diversification by investing in companies spread across sectors and market capitalisation. They
are generally meant for investors who seek exposure across the market and do not want to be restricted to any particular sector.

Sector Funds

These funds invest primarily in equity shares of companies in a particular business sector or industry. While these funds may give
higher returns, they are riskier as compared to diversified funds. Investors need to keep a watch on the performance of those
sectors/industries and must exit at an appropriate time.
Index Funds

These funds invest in the same pattern as popular stock market indices like CNX Nifty Index and S&P BSE Sensex. The value of the
index fund varies in proportion to the benchmark index. NAV of such schemes rise and fall in accordance with the rise and fall in the
index. This would vary as compared with the benchmark owing to a factor known as tracking error.

Tax Saving Funds

These funds offer tax benefits to investors under the Income Tax Act, 2961. Opportunities provided under this scheme are in the form of
tax rebates under section 80 C of the Income Tax Act, 1961. They are best suited for long investors seeking tax rebate and looking for
long term growth.

Debt Fund / Fixed Income Funds

These Funds invest predominantly in rated debt / fixed income securities like corporate bonds, debentures, government securities,
commercial papers and other money market instruments. They are best suited for the medium to long-term investors who are averse to
risk and seeking regular and steady income. They are less risky when compared with equity funds.

Liquid Funds / Money Market Funds

These funds invest in highly liquid money market instruments and provide easy liquidity. The period of investment in these funds could
be as short as a day. They are ideal for Corporates, institutional investors and business houses who invest their funds for very short
periods.

Gilt Funds
These funds invest in Central and State Government securities and are best suited for the medium to long-term investors who are
averse to risk. Government securities have no default risk.

Balanced Funds
These funds invest both in equity shares and debt (fixed income) instruments and strive to provide both growth and regular income.
They are ideal for medium- to long-term investors willing to take moderate risks.

Different types of Debt Mutual Funds

There are different types of Debt Mutual Funds that invest in various fixed income securities of different time horizons. Some of the debt
based & blended category products (which have both debt and equity allocation) are as follows -

Liquid Funds / Money Market Funds

These funds invest in highly liquid money market instruments and provide easy liquidity. The period of investment in these funds could
be as short as a day. They aim to earn money market rates and could serve as an alternative to corporate and individual investors, for
parking their surplus cash for short periods. Returns on these funds tend to fluctuate less when compared with other funds.

Ultra Short Term Funds

Earlier known as Liquid Plus Funds, they invest in very short term debt securities with a small portion in longer term debt securities.
Most ultra short term funds do not invest in securities with a residual maturity of more than 1 year. Also referred to as Cash or Treasury
Management Funds, Ultra Short Term Funds are preferred by investors who are willing to marginally increase their risk with an aim to
earn commensurate returns. Investors who have short term surplus for a time period of approximately 1 to 9 months should consider
these funds.

Floating Rate Funds

These funds primarily invest in floating rate debt securities, where the interest paid changes in line with the changing interest rate
scenario in the debt markets. The periodic interest rate of the securities held by these products is reset with reference to a market
benchmark. This makes these funds suitable for investments when interest rates in the markets are increasing.
 Short Term & Medium Term Income Funds
These funds invest predominantly in debt securities with a maturity of upto 3 years in comparison to a Regular Income Fund. These
funds tend to have a average maturity that is longer than Liquid and Ultra Short Term Funds but shorter than pure Income Funds.
These funds tend to perform when short term interest rates are high and could potentially benefit from capital gains as liquidity comes
back to the market and interest rates go down. These funds are suitable for conservative investors who have low to moderate risk
taking appetite and an investment horizon of 9 to 12 months.

Income Funds, Gilt Funds and other dynamically managed debt funds
These funds comprise of investments made in a basket of debt instruments of various maturities & issuers. These funds are suitable for
investors who willing to take a relatively higher risk as compared to corporate bond funds,and have longer investment horizon. These
funds tend to work when entry and exit are timed properly; investors can consider entering these funds when interest rates have moved
up significantly to benefit from higher accrual and when the outlook is that interest rates would decrease. As interest rates go down,
investors can potentially benefit from capital gains as well. A few types of dynamically managed debt funds are mentioned below -

Income funds invest in corporate bonds, government bonds and money market instruments. However,they are highly vulnerable to the
changes in interest rates and are suitable for investors who have a long term investment horizon and higher risk taking ability. Entry and
exit from these funds needs to be timed appropriately. The correct time to invest in these funds is when the market view is that interest
rates have touched their peak and are poised to reduce.
Gilt Funds invest in government securities of medium and long term maturities issued by central and state governments. These funds
do not have the risk of default since the issuer of the instruments is the government. Net Asset Values (NAVs) of the schemes fluctuate
due to change in interest rates and other economic factors. These funds have a high degree of interest rate risk, depending on their
maturity profile. The higher the maturity profile of the instrument, higher the interest rate risk.
Dynamic Bond Funds invest in debt securities of different maturity profiles. These funds are actively managed and the portfolio varies
dynamically according to the interest rate view of the fund managers. These funds Invest across all classes of debt and money market
instruments with no cap or floor on maturity, duration or instrument type concentration.
Corporate Bond Funds
These funds invest predominantly in corporate bonds and debentures of varying maturities that offer relatively higher interest, and are
exposed to higher volatility and credit risk. They seek to provide regular income and growth and are suitable for investors with a
moderate risk appetite with a medium to long term investment horizon.

Close Ended Debt Funds

Fixed Maturity Plans (FMPs) are closed ended Debt Mutual Funds that invest in debt instruments with a specific date of maturity that
is less than or equal to the maturity date of the scheme. Securities are redeemed on or before maturity and proceeds are paid to the
investors.

FMPs are similar to passive debt funds, where the portfolio manager buys and holds the debt securities for the entire duration of the
product. FMPs are a good option for conservative investors, as they do not carry any interest rate risk provided the investor stays
invested until the maturity of the product. They are also a tax efficient investment option.

Hybrid Funds
They bridge the gap between equity and debt schemes by investing in a mix of equity and debt securities. This adds a considerable
amount of risk to the product and will suit investors looking for commensurate returns with higher levels of risk than regular debt funds.

Monthly Income Plans (MIPs) strive to offer the benefit of diversification across asset classes by investing a proportion of the portfolio
in debt securities (70% to 95%) with a smaller allocation in equity securities (5 % to 30 %).

As the correlation between prices of equity and debt is low, this product endeavors to give an investor returns that are relatively higher
than debt market returns. MIPs can be classified as debt oriented hybrids that seek to -
o generate income from the debt securities
o maximise the benefits of long term growth from equity securities
o aim for periodic distribution of dividends

However, an important point to be noted is that monthly income is not assured and it is subject to the availability of distributable surplus
in the fund.
 Capital Protection Oriented Funds are closed ended funds that are hybrid in nature; they allocate money to debt and equity
securities. The allocation to debt securities is done in such a way that at the end of the term of the product, the value of debt investment
is equal to the original investment in the fund. The equity portion aims to add to the returns of the product at maturity. These funds are
oriented towards protection of capital and do not offer guaranteed returns.

Say, for example, AAA bonds are quoting at interest rate of 10% p.a. for a 5 year term.
o This means that at the end of 5 years, the investment of Rs. 100 in such bonds would be worth Rs. 161.05, assuming reinvestment of
the interest.
o On the other hand, if one invests Rs. 62.09 in such bonds, the value of the bonds at the end of 5 years would be Rs. 100.

In such a case, the allocation between equity and debt would be 38 : 62 respectively. So, if the equity value reduces to zero, the
investor gets back the original amount invested.

The asset allocation is a function of prevailing interest rates on high quality (AAA rated) bonds. It is mandatory for the fund to be rated
by at least one rating agency in order to be called a capital protection oriented fund. Debt securities held in the portfolio must be of
highest rating.
Multiple Yield Funds are close ended income funds that aim to optimize income from debt securities and potential growth from equity.
They aim to limit the downside by investing in rated debt instruments of reputed issuers. Through a limited equity exposure, they aim to
provide capital appreciation by investing in shares of companies without any sector or market capitalization bias. This exposure will help
to participate in the growth of these companies thus seeking to provide the portfolio with an element of potential long term capital
appreciation.

Mutual Funds - Disclosure

Other Investments
Commissions:
In accordance with the extant regulations (SEBI circular: SEBI/IMD/CIR No. 4/ 168230/09 and RBI guidelines on
Marketing / Distribution of Mutual Fund / Insurance etc., dated November 16,2009.) following are the details of the
comparative commission earned by the Bank from various fund-houses, whose products are being distributed:

City Category Top 15 Cities Beyond 15 Cities

Upfront Trail Upfront Trail
Fund Schemes
Brokerage year 1 Brokerage year 1
0% to 0% to 0% to 0% to
Equity/Balanced
2.00% 1.50% 3.00% 3.00%
0% to 0% to 0% to 0% to
ELSS
5.50% 1.25% 6.00% 1.25%
0% to 0% to 0% to 0% to
MIP/Hybrid
2.25% 1.60% 3.50% 1.60%
0% to 0% to 0% to 0% to
Income/Bond
2.50% 1.75% 2.50% 1.75%
0% to 0% to 0% to 0% to
Short Term Plan
0.75% 0.50% 0.75% 0.60%
Liquid & 0% to 0% to 0% to 0% to
Floating 0.10% 0.75% 0.10% 0.75%
0% to 0% to 0% to 0% to
Arbitrage
0.50% 0.75% 0.50% 0.75%
0% to 0% to 0% to 0% to
Gilt
1.15% 1.15% 1.15% 1.15%
 The above mentioned rates are subject to change without any prior consent and at a discretion and agreement between
ICICI Bank and the respective AMCs.

ICICI Bank distributes mutual fund schemes of its Affiliates or Group Companies. ICICI Prudential Asset
Management Company is subsidiary of ICICI Bank Limited.

Bank charges its customers following fee / commission for Mutual Funds investments:

Type of Fund Fee / Commission

* Equity Funds
(1) Upto Rs. 50,000 Flat upto Rs. 200
(2) More than Rs. 50,000 Upto 1% of transaction value
Hybrid Schemes Nil
Debt - Long Term Nil
Debt - Short Term Nil

Please note:
* The above fees / commission are applicable on investments made in Equity Fund on each transaction basis, through
systematic transfer plan option or switch from an existing scheme.

No charges will be applicable on investments made in following:

Systematic Investment Plans / Value Investment Plans

Income Funds
Liquid/ Money Market Funds/Floater Funds
Gilt Funds
Balanced/Monthly Income Plans/ Hybrid Funds
Index/Arbitrage Funds

Transaction Charges:

With effect from December 1, 2012, ICICI Bank has Opted In for transaction charges on Gilt Schemes, Debt Schemes,
Infrastructure Debt Fund Schemes, Equity Linked Savings Schemes (ELSS), Other Equity Schemes, Balanced Schemes,
Gold Exchange Traded Funds, Other Exchange Traded Funds, Fund of Funds investing Overseas and Fund of Funds -
Domestic. Hence the following transaction charges will be levied on purchases of Rs. 10,000/- and above on the above
mentioned category of Mutual Funds -

(i) For existing investors, Rs. 100/- per subscription

(ii) For new investor, Rs. 150/- per subscription

In case of Systematic Investment Plans (SIPs), the transaction charge shall be applicable only if the total commitment
through SIPs amounts to Rs. 10,000/- and above. In such cases the transaction charge shall be recovered in 3-4
installments.

ICICI Bank has Opted Out for transaction charges on Liquid & Money Market Funds. Hence no transaction charges shall
be levied.

The Asset Management Companies (AMCs) will deduct the applicable transaction charges from the subscription amount
and the same will be paid to the Bank by the AMC directly. Hence, only the balance of the subscription amount shall be
invested. Investors will therefore be issued MF units equivalent to subscription amount less transaction charges.

The above charges will be applicable for offline (physical application) & online purchases.

The above mentioned transaction charges are in accordance with SEBI circular no CIR/IMD/DF/21/2012 dated
September 13, 2012 and SEBI circular no. Cir/ IMD/ DF/13/ 2011 dated August 22, 2011.

ICICI Prudential Mutual Fund

Key Information

Mutual Fund ICICI Prudential Mutual Fund

Setup Date Oct-13-1993

Incorporation Date Jun-22-1993

Sponsor Prudential Plc and ICICI Bank Ltd.

Trustee ICICI Prudential Trust Ltd.

Chairman Ms. Chanda Kochhar

CEO / MD Mr. Nimesh Shah

CIO Mr. S Naren

Compliance Officer Ms. Supriya Sapre

Investor Service Officer Ms. Kamaljeet Saini

Assets Managed Rs. 91694.87 crore (Jun-30-2013)

Other Details
Auditors M/s N. M. Raiji & Company

Custodians HDFC Bank Limited

Registrars Computer Age Management Services Pvt. Ltd.

Address 3rd Floor, Hallmark Business Plaza,Sant Dyaneshwar Marg,Bandra (East), Mumbai 400051

Telephone Nos. Source - AMFI

Fax Nos. 2655 4165

E-mail enquiry@icicipruamc.com