This Product is suitable for investors who are seeking*:
ICICI Prudential Balanced Fund (An Open Ended Balanced Fund)
Riskometer
• long term wealth creation solution • A balanced fund aiming for long term capital appreciation and current income by investing in equity as well as fixed income securities. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Style Box Debt
Equity
Diversified
Fund Details Fund Managers** : Equity : Yogesh Bhatt (Managing this fund since Feb, 2012 & Overall 23 years of experience) Sankaran Naren (Managing this fund since Dec, 2015 & Overall 26 years of experience) Debt : Manish Banthia (Managing this fund since Sep, 2013 & Overall 12 years of experience) Indicative Investment Horizon: 3 yrs & more Inception/Allotment date: 03-Nov-99 Monthly AAUM as on 30-Nov-15 : Rs. 2442.86 crores Closing AUM as on 30-Nov-15 : Rs. 2482.59 crores NAV (As on 30-Nov-15): Regular Plan Growth Option : 91.97 Regular Plan Dividend Option : 22.30 Direct Plan Growth Option : 94.39 Direct Plan Dividend Option : 25.48 Plans : Regular & Direct Options : Growth & Dividend (Dividend Others) Application Amount for fresh Subscription : Rs.5,000 (plus in multiples of Re.1) Min.Addl.Investment : Rs.1,000 (plus in multiples of Re.1) Entry load : Nil Exit load for Redemption / Switch out :- Lumpsum & SIP / STP / SWP Investment Option 20% of units within 1 Year from allotment - Nil More than 20% of units, within 1 Year - 1% of applicable NAV More than 1 Year - Nil (w.e.f. 08-Dec-15) SIP : Monthly: Minimum Rs. 1,000/- plus 5 post dated cheques for a minimum of Rs. 1,000/- each; Quarterly: Minimum Rs. 5,000/- plus 3 post dated cheques of Rs. 5,000/- each.
Returns of Regular Plan - Growth Option as on September 30, 2015 Particulars
September 30,2014 to September 30,2015
September 30,2013 to September 30,2014
September 30,2012 to September 30,2013
Since inception
Absolute Returns (%)
Absolute Returns (%)
Absolute Returns (%)
Current Value of Investment of Rs. 10000
CAGR (%)
Scheme
8.70
50.38
5.10
90560.00
14.85
Benchmark
4.38
28.89
1.87
NA
NA
Nifty 50 Index
-0.20
38.87
0.56
59928.38
11.91
1 Year T Bill
8.86
8.35
5.70
27014.36
6.44
NAV (Rs.) Per Unit (as on 83.31 10.00 55.40 52.71 September 30,2015 : 90.56) Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investment. Date of inception: 03-Nov-99 . Performance of dividend option would be Net of Dividend distribution tax, if any. Benchmark is Crisil Balanced Fund Index and start date is 30-Mar-02. For computation of since inception returns (%) the allotment NAV has been taken as Rs. 10.00. Load is not considered for computation of returns. In case, the start/end date of the concerned period is a nonbusiness date (NBD), the NAV of the previous date is considered for computation of returns. The NAV per unit shown in the table is as on the start date of the said period. Total Schemes managed by Mr. Yogesh Bhatt (Equity) is 8 (8 are jointly managed), Mr. Sankaran Naren (Equity) is 10 (10 are jointly managed) and Mr. Manish Banthia (Debt) is 16 (2 are jointly managed). Refer annexure from page no. 86 for performance of schemes currently managed by fund managers.
Portfolio as on November 30, 2015 Company/Issuer Equity Shares Auto Tata Motors Ltd. Mahindra & Mahindra Ltd. Auto Ancillaries Motherson Sumi Systems Ltd. Banks • HDFC Bank Ltd. ICICI Bank Ltd. Axis Bank Ltd. IndusInd Bank Ltd. State Bank Of India City Union Bank Ltd. The Federal Bank Ltd. The Federal Bank Ltd. - Futures The South Indian Bank Ltd. Oriental Bank Of Commerce Cement Grasim Industries Ltd. Construction Project • Larsen & Toubro Ltd. Ashoka Buildcon Ltd. Consumer Durables Tara Jewels Ltd. Consumer Non Durables • ITC Ltd. United Spirits Ltd. Britannia Industries Ltd. Nestle India Ltd. Ferrous Metals JSW Steel Ltd. Finance • Bajaj Finserv Ltd. Gas Petronet LNG Ltd. Industrial Capital Goods Bharat Electronics Ltd. Siemens Ltd. Non - Ferrous Metals Vedanta Ltd. Oil Oil & Natural Gas Corporation Ltd. Oil & Natural Gas Corporation Ltd. - Futures Petroleum Products Reliance Industries Ltd. Castrol India Ltd. Pharmaceuticals • Cipla Ltd. Sun Pharmaceutical Industries Ltd. Alembic Pharmaceuticals Ltd. Sanofi India Ltd. Services Thomas Cook (India) Ltd. Software • Infosys Ltd.
Quantitative Indicators – Debt Component
Rating
% to % to NAV NAV Derivatives 73.88% 3.70% 2.25% 1.44% 2.21% 2.21% 16.67% 5.85% 2.05% 1.89% 1.76% 1.71% 1.20% 0.89%
3.13%
0.24%
0.24% 0.85% 0.48% 3.04% 3.04% 4.42% 3.17% 1.24% 0.04% 0.04% 7.64% 4.03% 1.48% 1.18% 0.94% 1.82% 1.82% 3.29% 3.29% 1.79% 1.79% 2.66% 1.67% 1.00% 0.83% 0.83% 1.32% 1.32%
Company/Issuer
Rating
• HCL Technologies Ltd. Tech Mahindra Ltd. Wipro Ltd. Telecom - Services Tata Communications Ltd. Index Futures/Options Nifty 50 Index - Futures Debt Holdings Government Securities Short Term@ 01.44% GOI IIB 2023 08.27% GOI 2020 Long Term@ • 08.60% GOI 2028 • 08.30% GOI 2042 • 07.88% GOI 2030 08.24% GOI 2033 08.13% GOI 2045 Corporate Securities Tata Steel Ltd. Central Bank Of India NHPC Ltd. IDBI Bank Ltd. Cash, Call, CBLO & Term Deposits Net Current Assets Total Net Assets • Top Ten Holdings Derivatives are considered at exposure value. @ Short Term < 8 Years, Long Term > 8 Years.
% to % to NAV NAV Derivatives 3.12% 1.99% 1.69% 1.86% 1.86% 1.93% 1.93%
23.44% 16.16% 2.38% SOV 2.30% SOV 0.08% 13.78% SOV 4.66% SOV 4.36% SOV 3.13% SOV 0.82% SOV 0.82% 1.71% BWR AA+ 0.84% CRISIL AA- 0.56% FITCH AAA 0.24% CRISIL AA 0.06% 5.57% 2.68% 100.00%
Rating Profile (as % of debt component) AAA and Equivalent 1.07%
0.97% 0.97%
3.53% 2.37% 1.16% 7.47% 3.37% 1.88% 1.40% 0.83% 1.00% 1.00% 10.59% 3.80%
Average Maturity : 11.79 Years
AA and Equivalent 6.36%
CBLO, Term Deposits & Current Assets 22.27%
Sovereign Securi es 70.30%
Modified Duration : 5.68 Years
Yield To Maturity : 7.45%
SWP : Sharpe Ratio: 1.03 Minimum of Rs.500 and multiples of Re1/- Quantitative Indicators – Equity Component Average P/E : 23.69 Average P/BV: 6.41 Average Dividend Yield : 1.13 *STP : Annual Portfolio Turnover Ratio : Equity - 0.41 times, Others (Debt and Derivatives) - 1.16 times Combined Annual Portfolio Turnover Ratio : 1.57 times STP In : Available R squared : 0.86 Net Equity Level : 77.01% Std Dev (Annualised) : 10.89% Benchmark Std Dev (Annualised) : 9.53% Portfolio Beta: 1.06 STP Out : Available * Daily, Weekly, Monthly and Quarterly Frequency has introduced in Systematic Transfer Plan Facility (STP), Flex Systematic Transfer Plan Facility (Flex STP) and Value Min.Redemption Amt. : Systematic Transfer Plan Facility (Value STP) for both (Source and Target) under Regular and Direct Plans with Growth/Cumulative and Dividend Sub-Options of the Rs.500 and in multiples of Re.1/Schemes w.e.f. December 07, 2015. Dividend History : Refer page no. from 110 to 117 Portfolio turnover has been computed as the ratio of the lower value of purchase and sales, to the average net assets in the past one year (since inception for SIP Returns : Refer page no. from 106 to 108 schemes that have not completed a year). Total Expense Ratio : Refer page no. 125 Investment Objective : Refer page no. from 118 to 121 The figures are not netted for derivative transactions. Risk-free rate based on the last Overnight MIBOR cut-off of 6.84%. **In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Shalya Shah.
51
ICICI Prudential Mutual Fund Corporate Office ONE BKC, A - Wing, 13th Floor, Bandra-Kurla Complex, Mumbai 400 051, India. Tel: 022 - 26525000 Fax: 022 - 26528100, website: www.icicipruamc.com, email id:
[email protected]
Statutory Details & Risk Factors
Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Disclaimer: In the preparation of the material contained in this document, the Asset Management Company (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.
