Active Index Portfolio

A Multi Factor Index Strategy

Introducing ICICI Securities Active Index Portfolio

A concentrated portfolio of 30 stocks mirroring the NIFTY Alpha Low Volatility 30 index. Alpha
generates superior return; low volatility factor keeps the downside in check.

Get the benefit of Lower Volatility along with Alpha Creation

Low Volatility Factor Active Alpha Factor

Index
For greater stability For greater returns
Portfolio

Limits the Magnitude Lower Cost Than Exposure to Reduced

of Drawdowns in Active Strategy Various Sectors Un-Systematic risk
Single Factor Index

Benefits of Passive Strategy

● Rule based approach for disciplined investing

● Very Low expense ratio due to lower operating expenses
● Benchmark based strategy mitigating most unsystematic risks
● Well diversified across sectors to reduce sudden shocks

Investment Philosophy Investment orientation

Objective
Large

It is a passive investment strategy where it

replicates Nifty Alpha Low -Volatility Index
30 in the same proportion as in the index
Medium

with the objective of achieving returns

equivalent to the returns of the index by
minimizing the performance difference
between the selected index and the
Small

portfolio

Value Balanced Growth

Portfolio Performance vs. Benchmarks

Benchmark 1M 3M 6M 1Y 3Y 5Y

NIFTY 200 - TRI -1.07 0.21 1.07 7.11 13.26 10.72

NIFTY Alpha Low-Vol 30 TRI -0.76 0.29 0.36 4.7 16.2 19.21
Source: NSE, data as on June 30th 2019
 Growth of Rs. 100 invested YoY Performance Comparison

1500 NIFTY
NIFTY NIFTY
Alpha
Period 100 - 200 -
Low-Vol
TRI TRI
1200 Nifty 30 -TRI
Nifty 200 CY18 3.75 1.36 4.11
Nifty ALV 30 CY17 31.82 34.25 44.16
Nifty Midcap 50
900 CY16 5.01 5.08 9.11
CY15 -0.98 -0.47 14.59
CY14 34.92 37.37 48.78
600
CY13 7.02 5.05 16.16
CY12 33.37 34.57 35.79
300 CY11 -24.46 -25.56 -11.48
CY10 19.28 15.62 30.57
CY09 84.88 88.81 62.35
0 CY08 -52.41 -55.4 -50.16
Apr-05 Apr-09 Apr-13 Apr-17

Minimum Investment: 25 Lakhs

Key portfolio features

Investment Horizon Long Term Capital Appreciation (3 Years +)

Benchmark Nifty 200

Fund Manager Mr. Azeem Ahmad

Custodians ICICI Bank Ltd.

Depository Participant ICICI Bank Ltd.

About ICICI Securities

Pioneers of online broking in India – Started in 2000

1
Leading equity broker in India powered by ICICIdirect

2
2nd largest non - bank mutual fund distributor

3
Leading investment bank in equity capital market

Active research coverage of 250 companies across 16 sectors

1. By brokerage revenue: Sources: Investor presentations, Annual reports & Estimates

2. Source: AMFI (in terms of revenue), period: FY18
3. Equity Capital Market (ECM): IPO/FPO/InvIT, QIP/IPP, Rights issue, Offer for sale
 Disclaimer:

Please note, the contents of this document are for information purpose only. The data points used throughout the document may be
dated and may not be relevant after the issuance of the document. ICICI Securities do not take any responsibility of updating any
information in this document. Please refer to the PPM document for detailed risk factors and other disclosures before taking any
investment decisions.

The information contained in this document is strictly confidential and shall not be altered in any way, transmitted to, or c opied or
distributed, in part or in whole, to any other person or to the media or reproduced in any form, without prior written consent of ICICI
Securities Ltd.

ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Centre, H. T. Parekh Marg, Churchgate, Mumbai
- 400020, India, Tel No: 022 - 2288 2460, 022 - 2288 2470. I-Sec is a SEBI registered Portfolio Manager, Registration no.
INP000004060. Investment in securities market are subject to market risks, read all the related documents carefully before investing. I-
Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The
information provided is not intended to be used by investors as the sole basis for investment decisions, who must make their own
investment decisions, based on their own investment objectives, financial positions and needs of specific investor. The information
provided may not be taken in substitution for the exercise of independent judgment by any investor. The investor should
independently evaluate the investment risks and make independent judgment with regard suitability, profitability, and fitness of any
product or service offered herein above. Investors' capital may not be guaranteed and they could lose all or substantial portion of their
investment. The products described in this document may not be protected against sovereign risk including risks arising from any
changes in applicable Indian or other relevant laws, represent speculative investments and may involve a high degree of risk.

To get in touch, mail us at pmshelpdesk@icicisecurities.com

Contact your Relationship Manager for any clarification regarding the product

ICICI Securities Portfolio Management Services is a division of ICICI Securities Ltd.

CIN no. L67120MH1995PLC086241; Website: https://icicidirect.com
Registered office: ICICI Centre, H.T.Parekh Marg, Churchgate, Mumbai - 400 020
Tel: (91 22) 2288 2460/70 Fax: (91 22) 2288 2445