Hello, investors! It's that time of the month again. Don't forget to check the updated #Factsheet and get to Know Your Investments better.

1. 1

2. 2
INDEX
Category Description Page No
Fund Name
Equity Schemes
Hybrid Category
Fund Of Funds Schemes
ICICI Prudential Equity & Debt Fund Aggressive An open ended hybrid scheme investing predominantly in equity and equity 31-32
Hybrid Fund related instruments
ICICI Prudential Multi-Asset Fund Multi Asset An open ended scheme investing in multi assets 33-34
Allocation
ICICI Prudential Balanced Advantage Fund Dynamic Asset An open ended dynamic asset allocation fund 35-36
Allocation/Balanced
Advantage Fund
ICICI Prudential Equity Savings Fund Equity Savings An open ended scheme investing in equity, arbitrage and debt 37-38
Fund
ICICI Prudential Regular Savings Fund Conservative An open ended hybrid scheme investing predominantly in debt instruments 39-40
Hybrid Fund
ICICI Prudential Equity Arbitrage Fund Arbitrage Fund An open ended scheme investing in arbitrage opportunities 41-42
ICICI Prudential Asset Allocator Fund (FOF) Other Scheme An open ended fund of funds scheme investing in equity oriented schemes,
debt oriented schemes and gold ETFs/schemes. 43
ICICI Prudential Global Advantage Fund (FOF) Other Scheme An open ended Fund of Funds scheme predominantly investing in mutual fund
schemes / ETFs that invest in international markets.) 44
ICICI Prudential Bluechip Fund Large Cap Fund An open ended equity scheme predominantly investing in large cap stocks 15
ICICI Prudential Flexicap Fund Flexi Cap An open ended dynamic equity scheme investing across large cap, mid cap & 16
small cap stocks
ICICI Prudential Large & Mid Cap Fund Large & Mid Cap An open ended equity scheme investing in both large cap and mid cap stocks 17
Fund
ICICI Prudential Multicap Fund Multicap Fund An open ended equity scheme investing across large cap, mid cap, small cap stocks 18-19
ICICI Prudential Value Discovery Fund Value Fund An open ended equity scheme following a value investment strategy 20
ICICI Prudential Long Term Equity Fund Equity Linked An open Ended Equity Scheme with Tax Saving advantage 21
(Tax Saving) Savings Scheme
(ELSS)
ICICI Prudential Focused Equity Fund Focused Fund An open ended equity scheme investing in maximum 30 stocks 22
ICICI Prudential India Opportunities Fund Thematic An open ended equity scheme following special situations theme 23
ICICI Prudential Midcap Fund Mid Cap Fund An open ended equity scheme predominantly investing in mid cap stocks 24-25
ICICI Prudential Smallcap Fund Small Cap Fund An open ended equity scheme predominantly investing in small cap stocks 26
ICICI Prudential Business Cycle Fund Thematic An open ended equity scheme following business cycles based investing theme 27
ICICI Prudential ESG Fund Thematic (An open ended equity scheme investing in companies identified based on the 28
Environmental, Social and Governance (ESG) theme)
ICICI Prudential Dividend Yield Equity Fund Dividend Yield An open ended equity scheme predominantly investing in dividend yielding stocks 29
ICICI Prudential Infrastructure Fund Thematic An open ended equity scheme following infrastructure theme 30
Economic Overview and Market Outlook 4-14

3. 3
INDEX
Category Description Page No
Fund Name
Other Details
Fund Details Annexure 65-73
Annexure for Returns of all the Schemes 74-88
Systematic Investment Plan (SIP) of Select Schemes 89-91
Performance of Select Schemes
Annexure - I 92
Annexure - II 93
IDCW History for all Schemes 93-98
Investment Objective of all the schemes 99-100
Schedule 1: One Liner Definitions 101
Schedule 2: How To Read Factsheet 102-103
Statutory Details & Risk Factors 104
Debt Schemes
ICICI Prudential Liquid Fund Liquid Fund Investment in Debt and money market securities with maturity of upto 91 days only 45
ICICI Prudential Money Market Fund Money Market Fund An open ended debt scheme investing in money market instruments 46
ICICI Prudential Ultra Short Term Fund Ultra Short An open ended debt scheme with Macaulay Duration between 3-6 months 47-48
Duration Fund
ICICI Prudential Savings Fund Low Duration Fund An open ended debt scheme with Macaulay Duration between 6 - 12 months 49-50
ICICI Prudential Floating Interest Fund Floater Fund An open ended debt scheme predominantly investing in floating rate instruments 51-52
ICICI Prudential Short Term Fund Short Duration An open ended debt scheme with Macaulay Duration between 1 – 3 years 53-54
Fund
ICICI Prudential Corporate Bond Fund Corporate Bond An open ended debt scheme predominantly investing in AA+ or above rated 55-56
Fund securities.
ICICI Prudential Banking & PSU Debt Fund Banking & PSU An open ended debt scheme predominantly investing in Debt instruments of banks, 57-58
Fund Public Sector Undertakings, Public Financial Institutions
ICICI Prudential Credit Risk Fund Credit Risk Fund An open ended debt scheme predominantly investing in AA and below rated
corporate bonds. 59-60
ICICI Prudential Medium Term Bond Fund Medium Duration An open ended debt scheme with Macaulay Duration between 3 – 4 years 61-62
Fund
ICICI Prudential All Seasons Bond Fund Dynamic Bond An open ended dynamic debt scheme investing across duration 63-64

4. 4
• United States (US) annualised gross domestic product (GDP) growth rate was 6.5% in the second quarter of 2021, as compared with downwardly revised
growthof6.3%inthefirstquarter.
• EurozoneGDPexpandedby13.7%on-yearinthesecondquarterof2021,ascomparedwitha1.3%contractioninthefirstquarter.
• UnitedKingdom(UK)GDPshrank1.6%inthefirstquarterof2021comparedwith1.3%growthinthefourthquarterof2020.
• Japan'sGDPcontracted3.9%on-yearcomparedwith11.7%growthinthefourthquarterof2020.
None ofthe aforesaid recommendations are based onany assumptions. These are purely for reference and the investors are requested toconsult their financial advisors before investing.
ECONOMIC
OVERVIEW
Growth trends of developed economies Growth projections for 2021
Source:Financialwebsites,IMFandOECD
Global Economic Growth
Global Central Bank Highlights
• In its July monetary policy review, the US Federal Reserve (Fed) kept its key benchmark rates unchanged and continued its monthly bond-buying programme.
TheFedsaidthattheeconomycontinuedtoprogressdespiteconcernsoverthespreadoftheCOVID-19pandemic.
• The European Central Bank (ECB) kept its key interest rates unchanged, and also committed to purchasing bonds worth 1.85 trillion euros until March 2022 as
part of its pandemic emergency purchase programme (PEPP). ECB officials forged an agreement on a new policy framework that aimed at slightly higher
inflation;thebankwilltargetinflationof2%overthemediumtermandwillallowatemporaryovershoot.
• ThePeople'sBankofChinakepttheone-yearloanprimerate(LPR)unchangedat3.85%andthefive-yearLPRat4.65%.
• TheBankofJapan's(BoJ)boardvoted8-1toholdtheinterestrateat-0.1%oncurrentaccountsthatfinancialinstitutionsmaintainatthecentralbank.
• TheBankofEngland'sMonetaryPolicyCommitteemeetwasnotheldinJune.
Source:Financialwebsites
Source:Financialwebsites,Note:^Eurozoneinterestratesare0%,*DataasofJuly2021
-34.0%
-24.0%
-14.0%
-4.0%
6.0%
16.0%
26.0%
36.0%
US Eurozone UK Japan
Annual
Growth
Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021
7.0
4.6
7.0
2.8
6.9
4.3
7.2
2.6
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
US Euro zone UK Japan
Growth
forecast
(%)
IMF World Economic Outlook, July 2021
OCED Economic outlook, May 2021
1.8%
0.3% 0.3%
0.8%
0.1% 0.1%
-0.1% -0.1% -0.1%
-0.5%
0.0%
0.5%
1.0%
1.5%
2.0%
2019 2020 2021*
Policy
interest
rate
%
US UK Japan Eurozone^

5. 5
• US treasury prices ended higher in July, supported by the release of economic indicators that raised hopes that the Fed would delay tapering its stimulus. The
yieldofthe10-yearbenchmarkbondsettledat1.23%onJuly30,ascomparedwith1.47%onJune30.
• Yields fell following the release of economic indicators such as the unemployment rate and services sector data. The unemployment rate rose to 5.9% in June
from5.8%inMay,whiletheISMservicesindexcameinat60.1inJune,ascomparedwith64inMay.
• Worries about a global economic recovery amidst rising Covid-19 cases, which included more cases of the highly infectious Delta variant, further supported
bondprices.
• Bond yields declined further after the US Fed Chair, in his mid-July congressional testimony, said that the US economy was "still a ways off" from the levels
thatthecentralbankwantedtoseebeforeittapereditsmonetarysupport.
• The release of higher-than-expected inflation data for June prompted a brief decline in treasury prices. The consumer price index (CPI) increased 5.4% from a
yearearlier,thelargestjumpsinceAugust2008.
• Prices also fell after the Federal Open Market Committee said in its end-July policy statement that the US economic recovery remained on-track, and that the
labourmarketandinflationhadmadeprogresstowardsthepreconditionsneededtotapertheeconomicstimulus.
None ofthe aforesaid recommendations are based onany assumptions. These are purely for reference and the investors are requested toconsult their financial advisors before investing.
ECONOMIC
OVERVIEW
Source:Financialwebsites
Global Bond Yields
India Growth
Growth trend Growth projections for this fiscal
Source:Mospi.nic.in,IMF
-1
0
1
2
3
31-Jul-19
30-Sep-19
30-Nov-19
31-Jan-20
31-Mar-20
31-May-20
31-Jul-20
30-Sep-20
30-Nov-20
31-Jan-21
31-Mar-21
31-May-21
31-Jul-21
Yield
%
US 10-Year G-sec Yield UK 10-Year G-sec Yield Germany 10-Year G-sec Yield Japan 10-Year G-sec Yield
7 7.7 8.2 7.1 6.6 5.8 5.4 4.6
3.3 3.0
-24.4
-7.4
0.5 1.6
-30.00
-25.00
-20.00
-15.00
-10.00
-5.00
0.00
5.00
10.00
Q3:
FY
2017-18
Q4:
FY
2017-18
Q1:
FY
2018-19
Q2:
FY
2018-19
Q3:
FY
2018-19
Q4:
FY
2018-19
Q1:
FY
2019-20
Q2:
FY
2019-20
Q3:
FY
2019-20
Q4:
FY
2019-20
Q1:
FY
2020-21
Q2:
FY
2020-21
Q3:
FY
2020-21
Q4:
FY
2020-21
Quarterly
GDP
-
Annualized
(%)
9.5
9.9
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
IMF World Economic Outlook,
July 2021 update
OECD Economic Outlook, Interim
Report May 2021 update

6. 6
• India's GDP continued to grow marginally for the second straight quarter to 1.6% in the March quarter (fourth quarter of fiscal 2021) compared with a growth
of0.5%intheDecemberquarter(thirdquarter).
• Ingrossvalue-added(GVA)terms,theIndianeconomygrew3.7%inthefourthquartercomparedwithagrowthof1%inthethirdquarter.
• Theagriculturesectorgrew3.1%inthefourthquartercomparedwith4.5%inthethirdquarter.
• Manufacturing grew 6.9% in the fourth quarter, against a 1.7% growth in the preceding quarter. Mining contracted 5.7% in the fourth quarter compared with a
declineof4.4%inthethirdquarter.
• The construction sector grew 14.5% in the fourth quarter compared with the 6.5% growth in the third quarter. Electricity and other public utilities grew 9.1% in
thefourthquarteragainst7.3%growthinthethirdquarter.
• CRISIL lowered its real GDP growth forecast to 9.5% for this fiscal from 11% earlier owing to the more virulent nature of the second wave and possibility of a
thirdoneandconsequentapprehensionsofalockdown.
None ofthe aforesaid recommendations are based onany assumptions. These are purely for reference and the investors are requested toconsult their financial advisors before investing.
ECONOMIC
OVERVIEW
Other Major Indicators
CPI eased slightly to 6.26% in June from 6.3% in May. It
stayed above the RBI's tolerance range of 2-6% following
high fuel and food prices
Index of industrial production (IIP) grew 29.3% in May 2021
compared to 134.6% in April 2021 and a contraction of 33.4% in
May 2020
Core sector growth grew by 8.9% in June, compared with 16.3%
rise in the previous month
Nikkei manufacturing Purchasing Managers' Index (PMI) for
June came in at 48.1 in June compared to 50.8 in May. The
services PMI fell to 41.2 in June 46.4 in May
Source:MOSPI,IHSMarkit
6.26
-3.0
-2.0
-1.0
0.0
1.0
2.0
3.0
4.0
5.0
6.0
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
Jun-15
Sep-15
Dec-15
Mar-16
Jun-16
Sep-16
Dec-16
Mar-17
Jun-17
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Real
Interest
rate
(%)
CPI
&
10
year
G
sec
yield
%
Real interest rate (RHS) CPI Inflation (LHS)
10-year G-sec yield (LHS)
29.3
-80
-60
-40
-20
0
20
40
60
80
100
120
140
160
May-19
Jul-19
Sep-19
Nov-19
Jan-20
Mar-20
May-20
Jul-20
Sep-20
Nov-20
Jan-21
Mar-21
May-21
Y-o-Y
growth
(%)
-12.40
-7.60 -6.90
0.60
-0.50-1.10
0.40 1.30
-3.30
12.60
60.90
16.30
8.90
-50.00
-30.00
-10.00
10.00
30.00
50.00
70.00
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
Dec-20
Jan-21
Feb-21
Mar-21
Apr-21
May-21
Jun-21
Core
sector
growth
(%)
47.2
46
52
56.8
58.9
56.3
56.4
57.7
57.5
55.4
55.5
50.8
48.1
33.7
34.2
41.8
49.8
54.1
53.7
52.3
52.8
55.3
54.6
54
46.4
41.2
-10
0
10
20
30
40
50
60
70
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
Dec-20
Jan-21
Feb-21
Mar-21
Apr-21
May-21
Jun-21
Purchasing Managers' Index (PMI)
Manufacturing PMI Services PMI

7. 7
None ofthe aforesaid recommendations are based onany assumptions. These are purely for reference and the investors are requested toconsult their financial advisors before investing.
ECONOMIC
OVERVIEW
Indicators Jun-21 May-21 Apr-21 Mar-21 Feb-21 Jan-21
Source:TheReserveBankofIndia(RBI),OfficeoftheEconomicAdvisor,DirectorateGeneralofCivilAviation(DGCA),CRISILResearch,Financialwebsites
Boxesshadedgreendenotethebestvalue,whilered-shadedboxesindicatetheworstvaluefortheindicator
Economic indicators heat map
Industrial Sector
Consumer Economy
Ease of Living
Inflation
Deficit Statistic
GST
Manufacturing PMI 48.1 50.8 55.5 55.4 57.5 57.7
Infra - Core 8.9% 16.3% 60.9% 12.6% -3.3% 1.3%
Rail Freight Traffic (Loading in million tonnes) 112.7 114.8 111.5 130.4 112.3 119.5
Rail Passenger Traffic (in million) 142.1 86.1 211.7 319.3 288.1 239.1
Passenger Vehicle Sales in thousands 253.3 88.0 261.6 319.2 309.6 304.8
Two Wheeler Sales in thousands 1055.8 352.7 995.1 1496.8 1426.9 1429.9
Tractor Sales in thousands 110.4 55.6 63.4 85.7 75.6 77.9
Domestic Air Passenger Traffic in thousands 3113.0 2115.0 5725.0 7822.0 7827.0 7734.0
Consumer Price Index (Agricultural Labourers) 1049.0 1041.0 1035.0 1037.0 1038.0
Consumer Confidence Index NA 48.5 NA 53.1 NA 55.5
CPI inflation, % y/y 6.3% 6.3% 4.2% 5.5% 5.0% 4.1%
WPI inflation, % y/y 12.1% 12.9% 10.5% 7.9% 4.8% 2.0%
Trade Balance, USD billion -9.4 -6.3 -15.1 -13.9 -12.6 -14.5
Fiscal Deficit (Rs Billion) 2742.5 1231.7 787.0 18215.0 14050.0 12340.0
GST collections (Rs Billion) 928.5 1027.1 1413.8 1239.0 1131.4 1198.5

8. 8
None ofthe aforesaid recommendations are based onany assumptions. These are purely for reference and the investors are requested toconsult their financial advisors before investing.
ECONOMIC
OVERVIEW
Dates Events
Source:Financialwebsites
August 2, 2021
August 4, 2021
August 5, 2021
August 6, 2021
August 9, 2021
August 11, 2021
Key economic events in August
India Markit Manufacturing PMI, July
India Markit Services PMI, July
BoE Interest Rate Decision
RBI Interest Rate Decision
China Consumer Prices, July
US Consumer Prices, July
UK GDP Estimate, April - June
India Consumer Prices, July
India Industrial Production, June
Japan GDP, Q2 2021
India Wholesale Prices, July
Eurozone GDP, Q2 2021
UK Consumer Prices, July
Eurozone Consumer Prices, July
Japan Consumer Prices, July
China Loan Prime Rate 1Y / 5Y
US GDP, Q2 2021
India GDP, Q1 FY22
India Core Sector Growth, July
India Fiscal Deficit, April - July
August 20, 2021
August 31, 2021
August 12, 2021
August 16, 2021
August 17, 2021
August 18, 2021
August 26, 2021

9. 9
MARKET
REVIEW
None ofthe aforesaid recommendations are based onany assumptions. These are purely for reference and the investors are requested toconsult their financial advisors before investing.
India Equity Market Performance
Index performance Institutional flows
Source:NSE,BSE,SEBI,NSDL *DatatillJuly29,2021
• Indian equities extended their monthly gains for the third straight month on positive corporate earnings, improved domestic macroeconomic data and strong
globalcues.Thebenchmarkindices,theS&PBSESensexandNifty50,rosearound0.2%eachinJuly2021.
• Onthedomesticfront,marketsralliedfollowingbetter-than-expectedsecondquarterearningsbymajorcompanies.
• Investorsalsocheeredimprovingdomesticmacroeconomicdatathatindicatedapick-upindomesticeconomicgrowth.
• AnaccelerationinIndia'sdomesticvaccinationprogrammealsosupportedthepositivemomentuminequities.
• Markets sentiment was further boosted by domestic institutional investors (DIIs) and mutual funds continuing to be net buyers in July. DIIs bought equities
worth Rs 172.01 billion in July 2021 compared to Rs 70.44 billion in June 2021. Meanwhile, mutual funds bought equities worth Rs 149.1 billion as of July 29,
2021comparedtobuyingofRs64.4billioninJune2021.
• Positiveglobalcues,includingstrongUSeconomicgrowthdataandChineseexportnumbers,buoyedthemarket,whilecontinuedsupportfromglobalcentral
bankstoaidtherecoveryfromthepandemiccheeredinvestors.
• However, further gains were constrained by domestic growth worries after the International Monetary Fund (IMF) cut India's GDP growth forecast to 9.5% for
fiscal2022fromthe12.5%growthforecastearlier,citingtheimpactofthesecondwaveofthepandemiconeconomicrecovery.
• MarketsentimentwasalsodentedbygovernmentdatathatshowedafallinthemonthlyGSTcollectiontobelowRs1trillionforthefirsttimeineightmonths.
• Moreover, a rise in cases of the more virulent COVID-19 Delta variant in many countries raised fears of the possible impact on a global economic recovery,
therebypressuringmarkets.InvestorsentimentwasfurtherdampenedbyabarrageofChineseregulationsonvariousindustries.
• Markets were also under pressure after foreign institutional investors (FIIs) turned net sellers of Indian equities in July. FIIs sold Rs 113.1 billion equities in
July2021comparedwithnetbuyingofRs172.2billioninJune2021.
0.20%
0.26%
-5.40%
-0.41%
3.15%
2.28%
-0.27%
2.22%
2.36%
12.57%
2.45%
-4.54%
-0.44%
16.12%
6.16%
1.90%
40%
42%
36%
59%
86%
69%
18%
43%
69%
168%
68%
17%
57%
102%
106%
52%
-50.00% 0.00% 50.00% 100.00% 150.00% 200.00%
S&P BSE Sensex
Nifty 50
S&P BSE Auto
S&P BSE Bankex
S&P BSE Capital goods
S&P BSE Consumer durables
S&P BSE FMCG
S&P BSE Healthcare
S&P BSE IT
S&P BSE Metal
S&P BSE MidCap
S&P BSE Oil & Gas
S&P BSE PSU
S&P BSE Realty
S&P BSE SmallCap
S&P BSE Teck
1 year returns % 1 month returns %
-600
-400
-200
0
200
400
600
800
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
Dec-20
Jan-21
Feb-21
Mar-21
Apr-21
May-21
Jun-21
Jul-21
Net
flows
in
Rs
billion
FIIs, DIIs and MFs flows
FII - Equity Investment DII- Equity Investment
MF Flows - Equity Investment*

10. 10
Giltspricesendedslightlylowerwiththeyieldonthe10-yearbenchmark5.85%2030papersettlingat6.20%onJuly31,2021,comparedwith6.05%onJune30.(Source:CRISIL)
Yieldsrosewiththefirmingupofinflationandthecentralgovernmentannouncingpandemicreliefmeasuresimplyinganincreasetothealreadyhighscheduledmarketborrowing.
Retail inflation eased to 6.26% in Jun'21, from 6.30% in May'21, staying above RBI Monetary Policy Committee's (MPC) upper range of 6%, for the 2nd consecutive month. While inflation
easedcomparedtolastmonth,higherfuelpricesandstickycoreinflationpushedCPItoitshighestin2021inrealterms.
With inflation numbers easing below May'21 levels, RBI will have more leeway to focus on stimulating growth and keeping borrowing costs low in the upcoming monetary policy meeting in
August.
The Finance Minister announced several relief measures to the tune of Rs 6.29 lakh crs which includes a mix of direct fiscal cost to the government as well as additional contingent liabilities
intheformofcreditguaranteestovarioussectors.
On the economy front, following a dip in the new Covid 19 cases over the last few weeks, many states have commenced a phased unlocking over the month of June 2021. The early
highfrequencyindicatorsconfirmasequentialimprovementinJune2021.ConcernsoverathirdwaveandimpactofanewDeltaplusvariantare,however,underwatch.
Going forward, RBI may have to do a fine balancing act. On one hand, there is a possibility of further downside risk to the growth recovery, which in normal conditions would have warranted
foreasingofmonetaryconditionandontheotherhandRBIwouldneedtokeepaneyeonupsiderisktoinflation.
Hence, we believe the above evolving conditions points towards a more nimble and active duration management strategy which may help in navigating higher interest rate sensitive period.
Also, as communicated earlier, we believe that we are at the fag-end of interest rate cycle and the above mentioned strategy would provide better accrual (active strategy which may take
advantage of higher term premium) and would help in mitigating mark-to-market impact (active strategy of having adequate short duration instruments). It may be an opportune time to
investinfloatingratebondinthisinterestratescenariowithexpectedvolatility.
In the coming years, we recommend following strategies: Accrual Strategy and Active Duration strategy. Accrual strategy due to high spread premium which is still prevalent between the
spread assets and AAA & MMI instruments, as going forward capital appreciation strategy may take a back seat due to limited rate cuts. Term premiums (spread between longer and
shorter end of the yield curve) remains one of the highest seen historically, because of which active duration strategy is recommended to benefit from the high term premium. In our
portfolios, we may follow barbell strategy i.e having high exposure to extreme short-end instruments with an aim to protect the portfolio from interest rate movements and high exposure to
long-endinstrumentswithanaimtobenefitfromhighercarry.
OMO-OpenMarketOperations;MMI-MoneyMarketinstruments
None ofthe aforesaid recommendations are based onany assumptions. These are purely for reference and the investors are requested toconsult their financial advisors before investing.
EQUITY
MARKET
OUTLOOK
MARKET
OUTLOOK
Equity Market Outlook
Our Recommendation
Allocationbetween Equity,Debt&Other AssetClasses ICICIPrudentialBalancedAdvantageFund
ICICIPrudentialMulti-AssetFund
ICICIPrudentialAssetAllocatorFund(FOF)
Our Recommendations
Long-TermSIP SchemeswithFreedomSIP* ICICIPrudentialValueDiscoveryFund
ICICIPrudentialSmallcapFund
ICICIPrudentialMidcapFund
ICICIPrudentialFocusedEquityFund
Core-LongTermInvestment ICICIPrudentialBluechipFund
ICICIPrudentialFocusedEquityFund
ICICIPrudentialBusinessCycleFund
GlobalDiversification ICICIPrudentialGlobalAdvantageFund(FOF)
Equity Valuation Index
Equity Valuation Index
EquityvaluationindexiscalculatedbyassigningequalweightstoPricetoEarnings(PE),Pricetobook(PB),G-Sec*PEandMarketCaptoGrossDomesticProduct(GDP)
50
70
90
110
130
150
170
Jul-05
Jul-06
Jul-07
Jul-08
Jul-09
Jul-10
Jul-11
Jul-12
Jul-13
Jul-14
Jul-15
Jul-16
Jul-17
Jul-18
Jul-19
Jul-20
Jul-21
Aggressively invest in Equities
Neutral
Incremental Money to Debt
Book Partial Profits
124.9
Invest in Equities

11. 11
MARKET
REVIEW
None ofthe aforesaid recommendations are based onany assumptions. These are purely for reference and the investors are requested toconsult their financial advisors before investing.
India's Debt Market Performance
Debt market indicators Corporate bond yields
DataSource-RBI,Mospi.Nic.in,CRISILFixedIncomeDatabase,
CP - Commercial Paper, CD - Certificate of Deposit, CB - Corporate Bond, *Weighted
AverageYield
Money market
Tenure CD Change CP Change
1M 3.32 -1 3.60 -1
3M 3.41 1 3.70 7
6M 3.60 -12 4.05 0
12M 3.99 -11 4.55 10
Bond market
Tenure G-Sec* Change AAACB Change
1Y 3.93 -12 4.10 -20
3Y 4.64 -27 5.30 -15
5Y 5.74 2 6.00 -10
10Y 6.20 15 6.95 5
G-secandcorporatebondsdataasofJuly30
*WeightedaverageyieldsforG-secdata
6 month G-sec: 182 day T-Bill rate; 1 year G-Sec: 8.08% GS 2022; 3 year G-Sec: 7.32%
GS2024;5yearG-Sec:5.63%GS2026;10yearG-Sec:6.10%GS2031
Liquidity in the banking system
Source:RBI
• InterbankcallmoneyratesremainedbelowtheRBI'sreporateof4%inJuly,amidstsurplussystemicliquidity.
• Gilts ended lower, with the yield of the new 10-year benchmark 6.10% 2031 paper settling at 6.20% on July 30, 2021. The paper was a part of the weekly bond sale on July 9, and
assumedbenchmarkstatusfromJuly13.OnJuly9,thepaperhadsettledat6.10%.Theerstwhile10-yearbenchmark5.85%2030paperhadsettledat6.05%onJune30.
• PricesfellearlieronexpectationofheavysupplypressureintheSeptemberquarterandthelackofanyfreshannouncementsfromthebankingregulatorregardingbondpurchases.
• Bondswerealsoweigheddownbyparticipantstrimmingpositionsaheadofweeklydebtauctions.
• Intermittentdevolvementonprimarydealershipsinsomeweeklyauctionsweighedonsentiment.
• AriseinUSbenchmarktreasuryyieldsandconcernsthatanuptickincrudeoilpricescouldleadtodomesticinflationarypressuresdentedthegilts.
• BondpricesretreatedastheRBI'schoiceofnotesinoneofthedebtpurchasesunderitsG-SecAcquisitionProgramme(G-SAP2.0)dampenedinvestorappetite.
• However,afurtherdeclineingiltswaspreventedasalower-than-expectedretailinflationprintinJuneraisedhopesthatmonetarypolicywouldstayaccommodativeforlonger.
• AsporadicpullbackinUSbenchmarktreasuryyieldsandcrudeoilpricesalsorestrictedlossesinlocalbonds.
• Gilts received support from RBI Governor Shaktikanta Das who reiterated that the central bank was only interested in an orderly evolution of the yield curve. He also said that inflation
was,byandlarge,transitoryinnatureandcouldmoderatebythethirdquarter.
• Thefinanceministry'sreiterationthatitsborrowingprogrammefortheremainderofthefirsthalfofthecurrentfiscalwouldremainunchangedproppeduptheappetiteforbonds.
Tenure 6M 1Y 2Y 3Y 5Y 7Y 10Y
AAA 0.19 0.51 0.38 0.61 0.18 0.64 0.65
AA+ 1.59 1.90 1.77 2.00 2.14 2.61 2.61
AA 2.77 3.09 2.96 3.19 3.33 3.79 3.80
AA- 3.48 3.79 3.66 3.90 4.03 4.50 4.51
A+ 4.31 4.63 4.50 4.73 4.93 5.39 5.40
A 4.89 5.21 5.08 5.31 5.51 5.97 5.98
A- 5.15 5.47 5.34 5.57 5.77 6.23 6.24
-10000
-8000
-6000
-4000
-2000
0
2000
4000
31-Jul-16
31-Jul-17
31-Jul-18
31-Jul-19
31-Jul-20
31-Jul-21
Banking
liquidity
(INR
bn)

12. 12
Giltspricesendedslightlylowerwiththeyieldonthe10-yearbenchmark5.85%2030papersettlingat6.20%onJuly31,2021,comparedwith6.05%onJune30.(Source:CRISIL)
Yieldsrosewiththefirmingupofinflationandthecentralgovernmentannouncingpandemicreliefmeasuresimplyinganincreasetothealreadyhighscheduledmarketborrowing.
Retail inflation eased to 6.26% in Jun'21, from 6.30% in May'21, staying above RBI Monetary Policy Committee's (MPC) upper range of 6%, for the 2nd consecutive month. While inflation eased
comparedtolastmonth,higherfuelpricesandstickycoreinflationpushedCPItoitshighestin2021inrealterms.
With inflation numbers easing below May'21 levels, RBI will have more leeway to focus on stimulating growth and keeping borrowing costs low in the upcoming monetary policy meeting in
August.
The Finance Minister announced several relief measures to the tune of Rs 6.29 lakh crs which includes a mix of direct fiscal cost to the government as well as additional contingent liabilities in the
formofcreditguaranteestovarioussectors.
On the economy front, following a dip in the new Covid 19 cases over the last few weeks, many states have commenced a phased unlocking over the month of June 2021. The early high
frequencyindicatorsconfirmasequentialimprovementinJune2021.ConcernsoverathirdwaveandimpactofanewDeltaplusvariantare,however,underwatch.
Going forward, RBI may have to do a fine balancing act. On one hand, there is a possibility of further downside risk to the growth recovery, which in normal conditions would have warranted for
easingofmonetaryconditionandontheotherhandRBIwouldneedtokeepaneyeonupsiderisktoinflation.
Hence, we believe the above evolving conditions points towards a more nimble and active duration management strategy which may help in navigating higher interest rate sensitive period. Also,
as communicated earlier, we believe that we are at the fag-end of interest rate cycle and the above mentioned strategy would provide better accrual (active strategy which may take advantage of
higher term premium) and would help in mitigating mark-to-market impact (active strategy of having adequate short duration instruments). It may be an opportune time to invest in floating rate
bondinthisinterestratescenariowithexpectedvolatility.
Inthecomingyears,werecommendfollowingstrategies:AccrualStrategyandActiveDurationstrategy.Accrualstrategy
due to high spread premium which is still prevalent between the spread assets and AAA & MMI instruments, as going forward capital appreciation strategy may take a back seat due to limited rate
cuts. Term premiums (spread between longer and shorter end of the yield curve) remains one of the highest seen historically, because of which active duration strategy is recommended to benefit
from the high term premium. In our portfolios, we may follow barbell strategy i.e having high exposure to extreme short-end instruments with an aim to protect the portfolio from interest rate
movementsandhighexposuretolong-endinstrumentswithanaimtobenefitfromhighercarry.
None ofthe aforesaid recommendations are based onany assumptions. These are purely for reference and the investors are requested toconsult their financial advisors before investing.
Fixed
Income
Outlook
MARKET
OUTLOOK
Fixed Income Outlook
Approach
Arbitrage ICICIPrudentialEquityArbitrageFund Investwith3Months&abovehorizon
Fixed Income Recommendations
Scheme Name Call to Action Rationale
Spreadsatreasonablelevels
ShortDuration ICICIPrudentialSavingsFund
ICICIPrudentialUltraShortTermFund
ICICIPrudentialFloatingInterestFund
Investforparkingsurplusfunds Accrual+ModerateVolatility
AccrualSchemes ICICIPrudentialCreditRiskFund
ICICIPrudentialMediumTermBondFund
CorePortfoliowith>1Yrinvestmenthorizon BetterAccrual
DynamicDuration ICICIPrudentialAllSeasonsBondFund LongTermApproachwith>3Yrsinvestmenthorizon ActiveDurationandBetterAccrual
Debt Valuation Index
Debt Valuation Index for duration risk management
Data as on July 31, 2021. Debt Valuation Index considers WPI, CPI, Sensex returns, Gold returns and Real estate returns over G-Sec yield, Current Account Balance and Crude Oil
Movementforcalculation.
1.65
0
1
2
3
4
5
6
7
8
9
10
Very Cautious
Cautious
Moderate
Aggressive
Highly Aggressive

13. 13
Rupee declined 0.1% to settle at Rs 74.41 per dollar on July 30
compared to Rs 74.33 per dollar on June 30
Bank deposit and credit growth rose 10.7% and 6.4% on-year in
July 2021* compared with 9.7% and 5.7% in June, respectively
Brent crude prices rose nearly 2.3% to close at $76.33 per
barrel on July 30, 2021, vis-à-vis $74.62 per barrel on
June 30, 2021
Indian gold prices rose ~4% in July to close at Rs 48430 per 10
grams on July 30, 2021, vis-à-vis Rs 46753 per 10 grams on
June 30, 2021
Other Market Indicators
Source:RBI,IBJA,financialwebsites
DataasofJuly16,2021
Fixed
Income
Outlook
MARKET
OUTLOOK
60.00
65.00
70.00
75.00
80.00
Jul-16
Jan-17
Jul-17
Jan-18
Jul-18
Jan-19
Jul-19
Jan-20
Jul-20
Jan-21
Jul-21
Rupees per unit of $
Rupee
per
unit
of
$
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
10.0%
11.0%
12.0%
13.0%
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
Dec-20
Jan-21
Feb-21
Mar-21
Apr-21
May-21
Jun-21
Jul-21
Y-oY
growth
(%) Deposits growth Credit growth
10
30
50
70
90
Jul-16
Jan-17
Jul-17
Jan-18
Jul-18
Jan-19
Jul-19
Jan-20
Jul-20
Jan-21
Jul-21
Oil
Price
($
per
barrel)
Oil Price ($ per barrel)
20000
30000
40000
50000
60000
Jul-16
Jan-17
Jul-17
Jan-18
Jul-18
Jan-19
Jul-19
Jan-20
Jul-20
Jan-21
Jul-21
Indian
gold
prices
per
10
gms
Indian Gold prices per 10 grams

14. 14
Average : 2.39
Current Spread :
2.72
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
4.00
4.50
5.00
Jul-11
Jul-12
Jul-13
Jul-14
Jul-15
Jul-16
Jul-17
Jul-18
Jul-19
Jul-20
Jul-21
Average Spread :
3.21
Current Spread :
3.07
0
1
2
3
4
5
6
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
Jan-17
Apr-17
Jul-17
Oct-17
Jan-18
Apr-18
Jul-18
Oct-18
Jan-19
Apr-19
Jul-19
Oct-19
Jan-20
Apr-20
Jul-20
Oct-20
Jan-21
Apr-21
Jul-21
Based on our framework, accrual scheme have moved into buy territory due to:
1. Valuations being attractive - YTM's at an elevated levels over repo rate ( refer below index)
2. Industry flows slowing down in accrual category mainly due to credit concerns
3. Narrative associated with the category is negative
Data as on 31-July-2021, YTM values taken since scheme inception
Data as on 31-July-2021, YTM values taken for the last 10 years
Debt Accrual Scheme – Yield to Maturity (YTM) Valuation Index
The above are to highlight the valuations of the schemes and does not in any case is an indication of the performance of the respective Schemes.
THE MARKET
OVERVIEW
ICICI Prudential Credit Risk Fund – Spread [YTM* (%) – Repo Rate (%)]
ICICI Prudential Medium Term Bond Fund – Spread [YTM* (%) – Repo Rate (%)]
None ofthe aforesaid recommendations are based onany assumptions. These are purely for reference and the investors are requested toconsult their financial advisors before investing.

15. 15
Style Box
Notes:
1. Differentplansshallhavedifferentexpensestructure.TheperformancedetailsprovidedhereinareofICICIPrudentialBluechipFund.
2. The scheme is currently managed by Anish Tawakley, Rajat Chandak and Vaibhav Dusad. Mr. Anish Tawakley has been managing this fund since Sep 2018. Total Schemes managed by the Fund Manager is 7 (6
arejointlymanaged).
Mr.RajatChandakhasbeenmanagingthisfundsinceJul2017.TotalSchemesmanagedbytheFundManageris5(5arejointlymanaged).
Mr. Vaibhav Dusad has been managing this fund since Jan 2021. Total Schemes managed by the Fund Manager is 3 (3 are jointly managed). Refer annexure from page no. 74 for performance of other schemes
currentlymanagedbyAnishTawakley,RajatChandakandVaibhavDusad.
3. Dateofinception:23-May-08.
4. Pastperformancemayormaynotbesustainedinfutureandthesamemaynotnecessarilyprovidethebasisforcomparisonwithotherinvestment.
5. Loadisnotconsideredforcomputationofreturns.
6. Incase,thestart/enddateoftheconcernedperiodisanonbusinessdate(NBD),theNAVofthepreviousdateisconsideredforcomputationofreturns.TheNAVperunitshowninthetableisasonthestartdateof
thesaidperiod
7. TheperformanceoftheschemeisbenchmarkedtotheTotalReturnvariantoftheIndex.ThebenchmarkoftheschemehasbeenrevisedfromNifty50TRItoNifty100TRIw.e.f.May28,2018.
Returns of ICICI Prudential Bluechip Fund - Growth Option as on July 31, 2021
1 Year 3 Years 5 Years Since inception
Particulars
40.39 41.69
Scheme
Nifty 100 TRI (Benchmark)
Nifty 50 TRI (Additional Benchmark)
NAV (Rs.) Per Unit (as on July 30,2021 : 59.02)
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
31.71
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
10.00
Portfolio as on July 31, 2021
Fund Details
Monthly AAUM as on 31-Jul-21 : Rs. 28,078.48 crores
Closing AUM as on 31-Jul-21 : Rs. 28,287.57 crores `
Fund Managers** :
Anish Tawakley (Managing this fund since Sep, 2018
& Overall 26 years of experience)
Rajat Chandak (Managing this fund since Jul, 2017
& Overall 11 years of experience)
Mr. Vaibhav Dusad (Managing this fund since Jan, 2021
& Overall 9 years of experience)
Indicative Investment Horizon: 5 years & above
Inception/Allotment date: 23-May-08 Exit load for Redemption / Switch
out :- Lumpsum & SIP / STP / SWP Option
Upto 1 Year from allotment - 1% of applicable NAV,
more than 1 Year - Nil
Total Expense Ratio @@ :
Other : 1.70% p. a.
Direct : 1.10% p. a.
46.28 14612.53 12.29 14156.87 13.21 18612.43 14.40 59020.00
44.76 14461.45 12.61 14280.57 14.06 19315.71 11.07 39976.53
44.30 14415.96 12.90 14391.01 14.18 19418.55 10.52 37431.78
Thefiguresarenotnettedforderivativetransactions.
Risk-freeratebasedonthelastOvernightMIBORcut-offof3.40%
**In addition to the fund manager managing this fund, overseas investment is
managedbyMs.PriyankaKhandelwal.
@@TotalExpenseRatioisasonthelastbusinessdayofthemonth.
Refer page no 65 to 73 for details on option, entry load, SWP, STP/Flex STP/Value STP &
minimumredemptionamountpertainingtothescheme.
For IDCW History : Refer page no. from 93 to 98, For SIP Returns : Refer page no. from
89to91,ForInvestmentObjective:Referpageno.from99to100
Quantitative Indicators
ICICI Prudential Bluechip Fund
(An open ended equity scheme predominantly investing in large cap stocks.)
Value Blend Growth
Large
Mid
Small
Diversified
Style
Size
Large Cap Fund
Category
Application Amount for fresh Subscription :
Rs.100 (plus in multiples of Re.1)
Min.Addl.Investment :
Rs.100 (plus in multiples of Re.1)
NAV (As on 30-Jul-21): Growth Option : 59.02 IDCW Option : 24.60 Direct Plan Growth Option : 63.31 Direct Plan IDCW Option : 40.60 `
` `
`
` `
`
Average P/E :
34.01
Average P/B :
5.07
Average
Dividend Yield :
1.13
Std Dev
(Annualised) :
20.98%
Sharpe Ratio :
0.50
Portfolio Beta :
0.95
Annual Portfolio Turnover Ratio :
Equity - 0.19 times
Top 10 Sectors
Riskometer
This Product is suitable for investors who
are seeking*:
•LongTermWealthCreation
• An open ended equity scheme predominantly
investinginlargecapstocks.
*Investors should consult their financial advisers if in doubt about whether the
product is suitable for them.
Investors understand that their principal
will be at Very High risk
Company/Issuer Rating % to % to NAV
NAV Derivatives
Company/Issuer Rating % to % to NAV
NAV Derivatives
• Top Ten Holdings
Securities and the corresponding derivative exposure with less than 1%
to NAV, have been clubbed together with a consolidated limit of 10%.
Derivatives are considered at exposure value.
Equity Shares 95.95% -1.82%
Auto 4.42%
Maruti Suzuki India Ltd. 2.22%
TVS Motor Company Ltd. 2.19%
Banks 25.39%
• ICICI Bank Ltd. 9.60%
• HDFC Bank Ltd. 8.10%
• Axis Bank Ltd. 5.60%
Kotak Mahindra Bank Ltd. 1.15%
State Bank Of India 0.94%
Cement & Cement Products 2.12%
Grasim Industries Ltd. 1.30%
Ultratech Cement Ltd. 0.81%
Construction Project 5.24%
• Larsen & Toubro Ltd. 5.24%
Consumer Non Durables 2.96%
ITC Ltd. 1.66%
United Breweries Ltd. 1.30%
Ferrous Metals 1.67%
Tata Steel Ltd. 1.67%
Finance 4.36%
• HDFC Ltd. 4.36%
Insurance 2.72%
• SBI Life Insurance Company Ltd. 2.72%
Non - Ferrous Metals 2.11%
Hindalco Industries Ltd. 2.11%
Oil 1.26%
Oil & Natural Gas Corporation Ltd. 1.26%
Petroleum Products 7.26%
• Reliance Industries Ltd. 5.64%
Bharat Petroleum Corporation Ltd. 1.61%
Pharmaceuticals 3.09%
Sun Pharmaceutical Industries Ltd. 1.87%
Cipla Ltd. 1.22%
Power 1.66%
NTPC Ltd. 1.66%
Retailing 2.57%
Avenue Supermarts Ltd. (D-Mart) 2.57%
Software 13.59%
• Infosys Ltd. 8.69%
• HCL Technologies Ltd. 2.60%
Tech Mahindra Ltd. 2.30%
Telecom - Services 5.69%
• Bharti Airtel Ltd. 5.69%
Index Futures/Options -1.82%
Nifty 50 Index - Futures -1.82%
Treasury Bills 0.14%
91 Days Treasury Bill 2021 SOV 0.14%
Equity less than 1% of corpus 9.84%
Short Term Debt and net current assets 5.73%
Total Net Assets 100.00%
25.83%
14.38%
7.57%
5.79%
5.55%
5.24%
5.14%
4.38%
4.10%
3.24%
Banks
Software
Petroleum Products
Telecom - Services
Auto
Construction Project
Finance
Consumer Non Durables
Pharmaceuticals
Insurance

16. 16
• Top Ten Holdings
Securities and the corresponding derivative exposure with less than 1%
to NAV, have been clubbed together with a consolidated limit of 10%.
Derivatives are considered at exposure value.
Portfolio as on July 31, 2021
ICICI Prudential Flexicap Fund
(An open ended dynamic equity scheme investing across large cap, mid cap & small cap stocks) Flexi Cap
Category
Note : - “Portfolio Beta, Standard Deviation, R Squared, Sharpe Ratio and Tracking
Error of the Scheme is not computed owing to the short time frame since launch
of the Scheme.”
@@ Total Expense Ratio is as on the last business day of the month.
**In addition to the fund manager managing this fund, overseas investment is
managed by Ms. Priyanka Khandelwal.
Refer page no 65 to 73 for details on option, entry load, SWP, STP/Flex STP/Value
STP & minimum redemption amount pertaining to the scheme.
For IDCW History : Refer page no. from 93 to 98, For SIP Returns : Refer page no. from
89to91,ForInvestmentObjective:Referpageno.from99to100
Quantitative Indicators
Benchmark
S&P BSE 500 TRI
Average P/E :
27.75
Average P/B :
5.85
Average
Dividend Yield :
0.72
Style Box
Value Blend Growth
Large
Mid
Small
Diversified
Style
Size
Fund Details
Fund Managers** :
Rajat Chandak
(Managing this fund since July, 2021
& Overall 11 years of experience)
Indicative Investment Horizon: 5 years & above
Inception/Allotment date: 17-Jul-21
Monthly AAUM as on 31-Jul-21 : Rs. 4,463.49 crores
Closing AUM as on 31-Jul-21 : Rs. 10,063.81 crores `
NAV (As on 30-Jul-21): Growth Option : 10.03 IDCW Option : 10.03 Direct Plan Growth Option : 10.04 Direct Plan IDCW Option : 10.04
Application Amount for fresh Subscription :
Rs. 5,000/- (plus in multiple of Re. 1)
Min.Addl.Investment :
Rs.1,000/- (plus in multiple of Re.1)
Exit load for Redemption / Switch out
:- Lumpsum & SIP / STP Option:
• 1% of applicable Net Asset Value -If the amountsought to be redeemed or
switch out within 12 months from allotment.
• Nil-If the amount sought to be redeemed or switched out more than 12
months.
The Trustees shall have a right to prescribe or modify the exit load structure with
prospective effect subject to a maximum prescribed under the Regulations.
Total Expense Ratio @@ :
Other : 1.74% p. a.
Direct : 0.18% p. a.
`
` `
`
` `
`
#
Riskometer
This Product is suitable for investors who
are seeking*:
• Longtermwealthcreation
• An open ended dynamic equity scheme
investing across large cap, mid cap and
smallcapstocks
*Investors should consult their financial advisers if in doubt about whether the
product is suitable for them.
Investors understand that their principal
will be at Very High risk
Top 10 Sectors
Equity Shares 44.88% 0.78%
Auto 4.56%
• Mahindra & Mahindra Ltd. 1.91%
• TVS Motor Company Ltd. 1.42%
Maruti Suzuki India Ltd. 1.23%
Auto Ancillaries 1.44%
• Motherson Sumi Systems Ltd. 1.44%
Banks 13.46%
• ICICI Bank Ltd. 5.59%
• HDFC Bank Ltd. 5.55%
Axis Bank Ltd. 1.18%
State Bank Of India 1.14%
Construction Project 1.18%
Larsen & Toubro Ltd. 1.18%
Consumer Non Durables 2.24%
• Britannia Industries Ltd. 2.24%
Ferrous Metals 2.00%
• Tata Steel Ltd. 2.00%
Finance 3.27%
• HDFC Ltd. 3.27%
Software 3.53%
• Infosys Ltd. 2.27%
HCL Technologies Ltd. 1.26%
Telecom - Services 3.63%
• Bharti Airtel Ltd. 3.63%
Index Futures/Options 0.78%
Nifty 50 Index - Futures 0.78%
Equity less than 1% of corpus 9.58%
Short Term Debt and net current assets 54.34%
Total Net Assets 100.00%
Company/Issuer Rating % to % to NAV
NAV Derivatives
#It may be noted that risk-o-meter specified above is based on the scheme
characteristics. The same shall be updated in accordance with provisions of SEBI
circular dated October 5, 2020 on Product labelling in mutual fund schemes on
ongoing basis.
54.33%
13.67%
5.27%
3.63%
3.53%
3.41%
3.17%
2.00%
1.49%
1.31%
Cash,Cash Equivalents and Net Current Assets
Banks
Auto
Telecom - Services
Software
Finance
Consumer Non Durables
Ferrous Metals
Auto Ancillaries
Insurance
Annual Portfolio Turnover Ratio :
Equity - 0.00 times

17. 17
Style Box
Notes:
1. Differentplansshallhavedifferentexpensestructure.TheperformancedetailsprovidedhereinareofICICIPrudentialLarge&MidCapFund.
2. The scheme is currently managed by Sankaran Naren and Parag Thakkar. Mr. Sankaran Naren has been managing this fund since Feb 2012. Total Schemes managed by the Fund Manager is 20 (20 are jointly
managed).
Mr. Parag Thakkar has been managing this fund since June 2021. Total Schemes managed by the Fund Manager is 3 (2 are jointly managed). Refer annexure from page no. 74 for performance of other schemes
currentlymanagedbySankaranNarenandParagThakkar.
3. Dateofinception:09-Jul-98.
4. Pastperformancemayormaynotbesustainedinfutureandthesamemaynotnecessarilyprovidethebasisforcomparisonwithotherinvestment.
5. Loadisnotconsideredforcomputationofreturns.
6. Incase,thestart/enddateoftheconcernedperiodisanonbusinessdate(NBD),theNAVofthepreviousdateisconsideredforcomputationofreturns.TheNAVperunitshowninthetableisasonthestartdateof
thesaidperiod
7. The performance of the scheme is benchmarked to the Total Return variant of the Index. The benchmark of the scheme has been revised from Nifty 50 TRI to Nifty LargeMidcap 250 TRI w.e.f. May 28, 2018. As
TRI data for the earlier benchmark is not available since inception of the scheme, benchmark performance is calculated using composite CAGR of Nifty 50 PRI values from 09-Jul-98 to 30-Jun-99 and TRI values
from30-Jun-99.Forbenchmarkperformance,valuesofearlierbenchmarkhasbeenusedtill27thMay2018andrevisedbenchmarkvalueshavebeenconsideredthereafter.
Returns of ICICI Prudential Large & Mid Cap Fund - Growth Option as on July 31, 2021
1 Year 3 Years 5 Years Since inception
Particulars
291.51 318.24
Scheme
Nifty LargeMidcap 250 TRI (Benchmark)
Nifty 50 TRI (Additional Benchmark)
NAV (Rs.) Per Unit (as on July 30,2021 : 474.37)
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
258.58
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
10.00
Portfolio as on July 31, 2021
Fund Details
Monthly AAUM as on 31-Jul-21 : Rs. 4,140.31 crores
Closing AUM as on 31-Jul-21 : Rs. 4,231.70 crores `
Fund Managers** :
Sankaran Naren
(Managing this fund from Feb 2012, earlier
managed from Aug 2009 to Feb 2011
& has Overall 31 Years of experience)
Parag Thakkar
(Managing this fund since June, 2021 &
Overall 16 years of experience)
Indicative Investment Horizon: 5 years & above
Inception/Allotment date: 09-Jul-98 Exit load for Redemption / Switch
out :- Lumpsum & SIP / STP / SWP Option
Within 1 month from allotment - 1% of
applicable NAV, more than 1 month - Nil
(w.e.f. 1st Jan 2019)
Total Expense Ratio @@ :
Other : 2.01% p. a.
Direct : 1.25% p. a.
62.95 16272.86 14.23 14906.05 12.89 18345.19 18.21 474370.00
61.99 16177.85 15.05 15228.84 14.68 19852.11 14.49 226807.92
44.30 14415.96 12.90 14391.01 14.18 19418.55 14.38 221854.55
Thefiguresarenotnettedforderivativetransactions.
Risk-freeratebasedonthelastOvernightMIBORcut-offof3.40%
**In addition to the fund manager managing this fund, overseas investment is
managedbyMs.PriyankaKhandelwal.
@@TotalExpenseRatioisasonthelastbusinessdayofthemonth.
Refer page no 65 to 73 for details on option, entry load, SWP, STP/Flex STP/Value STP &
minimumredemptionamountpertainingtothescheme.
For IDCW History : Refer page no. from 93 to 98, For SIP Returns : Refer page no. from
89to91,ForInvestmentObjective:Referpageno.from99to100
Quantitative Indicators
ICICI Prudential Large & Mid Cap Fund
(An open ended equity scheme investing in both large cap and mid cap stocks.)
Value Blend Growth
Large
Mid
Small
Diversified
Style
Size
Large & Mid Cap Fund
Category
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)
NAV (As on 30-Jul-21): Growth Option : 474.37 IDCW Option : 21.68 Direct Plan Growth Option : 512.23 Direct Plan IDCW Option : 31.56 `
` `
`
` `
`
Average P/E :
26.40
Average P/B :
3.93
Average
Dividend Yield :
1.21
Std Dev
(Annualised) :
23.99%
Sharpe Ratio :
0.54
Portfolio Beta :
0.98
Annual Portfolio Turnover Ratio :
Equity - 0.90 times
•Top Ten Holdings
Securities and the corresponding derivative exposure with less than 1%
to NAV, have been clubbed together with a consolidated limit of 10%.
Derivatives are considered at exposure value.
Top 10 Sectors
Riskometer
This Product is suitable for investors who
are seeking*:
• LongTermWealthCreation
• An open ended equity scheme investing in
bothlargecapandmidcapstocks.
*Investors should consult their financial advisers if in doubt about whether the
product is suitable for them.
Investors understand that their principal
will be at Very High risk
Company/Issuer Rating % to % to NAV
NAV Derivatives
Company/Issuer Rating % to % to NAV
NAV Derivatives
Equity Shares 96.39% 0.99%
Auto 3.29%
TVS Motor Company Ltd. 1.33%
Ashok Leyland Ltd. 1.29%
Tata Motors Ltd. - DVR 0.67%
Banks 11.68% 0.99%
• ICICI Bank Ltd. 3.55%
• HDFC Bank Ltd. 3.03%
The Federal Bank Ltd. 2.22% 0.99%
State Bank Of India 1.53%
City Union Bank Ltd. 1.35%
Capital Markets 1.53%
Computer Age Management Services Ltd. 1.53%
Cement & Cement Products 0.69%
JK Cement Ltd. 0.69%
Construction 1.53%
The Phoenix Mills Ltd. 1.53%
Construction Project 1.89%
Larsen & Toubro Ltd. 1.89%
Consumer Durables 1.33%
Voltas Ltd. 1.33%
Consumer Non Durables 5.65%
• ITC Ltd. 2.91%
United Breweries Ltd. 1.49%
Zydus Wellness Ltd. (Subsidiary of Cadila
Healthcare Limited) 1.25%
Entertainment 1.42%
PVR Ltd. 0.75%
Zee Entertainment Enterprises Ltd. 0.67%
Finance 5.14%
Cholamandalam Financial Holdings Ltd. 2.88%
LIC Housing Finance Ltd. 1.15%
Mahindra & Mahindra Financial Services Ltd. 1.12%
Industrial Products 1.80%
AIA Engineering Ltd. 0.92%
Cummins India Ltd. 0.88%
Insurance 3.55%
• Max Financial Services Ltd. 3.55%
Leisure Services 1.66%
The Indian Hotels Company Ltd. 1.66%
Minerals/Mining 0.64%
Coal India Ltd. 0.64%
Non - Ferrous Metals 4.20%
• Hindalco Industries Ltd. 4.20%
Oil 4.09%
• Oil & Natural Gas Corporation Ltd. 4.09%
Pharmaceuticals 6.75%
• Sun Pharmaceutical Industries Ltd. 4.94%
IPCA Laboratories Ltd. 1.82%
Power 11.17%
• NTPC Ltd. 7.34%
CESC Ltd. 2.20%
Tata Power Company Ltd. 1.64%
Software 5.92%
• Infosys Ltd. 3.04%
Mphasis Ltd. 1.90%
HCL Technologies Ltd. 0.97%
Telecom - Services 12.50%
• Bharti Airtel Ltd. 9.95%
Tata Communications Ltd. 2.55%
Treasury Bills 0.12%
91 Days Treasury Bill 2021 SOV 0.12%
Equity less than 1% of corpus 9.96%
Short Term Debt and net current assets 2.49%
Total Net Assets 100.00%
13.29%
12.50%
11.17%
7.34%
6.65%
6.33%
5.80%
4.30%
4.20%
3.64%
Banks
Telecom - Services
Power
Pharmaceuticals
Software
Consumer Non Durables
Finance
Oil
Non - Ferrous Metals
Auto

18. 18
Style Box
Notes:
1. Differentplansshallhavedifferentexpensestructure.TheperformancedetailsprovidedhereinareofICICIPrudentialMulticapFund.
2. The scheme is currently managed by Prakash Gaurav Goel. Mr. Prakash Gaurav Goel has been managing this fund since July 2021. Total Schemes managed by the Fund Manager is 3 (1 are jointly managed).
Referannexurefrompageno.74forperformanceofotherschemescurrentlymanagedbyPrakashGauravGoel.
3. Dateofinception:01-Oct-94
4. Pastperformancemayormaynotbesustainedinfutureandthesamemaynotnecessarilyprovidethebasisforcomparisonwithotherinvestment.
5. Loadisnotconsideredforcomputationofreturns.
6. Incase,thestart/enddateoftheconcernedperiodisanonbusinessdate(NBD),theNAVofthepreviousdateisconsideredforcomputationofreturns.TheNAVperunitshowninthetableisasonthestartdateof
thesaidperiod
7. Astheschemewaslaunchedbeforethelaunchofthebenchmarkindex,benchmarkindexfiguressinceinceptionortherequiredperiodarenotavailable.
8. The performance of the scheme is benchmarked to the Total Return variant of the Index. As TRI data is not available since inception of the scheme, the additional benchmark performance is calculated using
composite CAGR of Nifty 50 PRI values from 01-Oct-94 to 30-Jun-99 and TRI values since 30-Jun-99. The benchmark of the scheme has been revised from S&P BSE 500 TRI to Nifty500 Multicap 50:25:25 TRI
w.e.f.Jan29,2021.Forbenchmarkperformance,valuesofearlierbenchmarkhasbeenusedtill28thJanuary2021andrevisedbenchmarkvalueshavebeenconsideredthereafter.
Returns of ICICI Prudential Multicap Fund - Growth Option as on July 31, 2021
1 Year 3 Years 5 Years Since inception
Particulars
257.61 289.41
Scheme
Nifty500 Multicap 50:25:25 TRI (Benchmark)
Nifty 50 TRI (Additional Benchmark)
NAV (Rs.) Per Unit (as on July 30,2021 : 421.35)
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
224.81
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
10.00
Portfolio as on July 31, 2021
Fund Details
Monthly AAUM as on 31-Jul-21 : Rs. 6,269.22 crores
Closing AUM as on 31-Jul-21 : Rs. 6,358.26 crores `
Fund Managers** :
Prakash Gaurav Goel
(Managing this fund since July, 2021 &
Overall 17 years of experience)
Indicative Investment Horizon: 5 years & above
Inception/Allotment date: 01-Oct-94 Exit load for Redemption / Switch
out :- Lumpsum & SIP / STP / SWP Option
Up to 12 Months from allotment - 1% of
applicable NAV, More than 12 Months - Nil
(w.e.f. 24 August, 2018)
Total Expense Ratio @@ :
Other : 1.94% p. a.
Direct : 1.05% p. a.
63.78 16356.12 13.34 14558.93 13.37 18742.49 14.95 421350.00
63.33 16311.48 16.16 15674.73 16.22 21223.57 NA NA
44.30 14415.96 12.90 14391.01 14.18 19418.55 11.01 165213.76
Thefiguresarenotnettedforderivativetransactions.
Risk-freeratebasedonthelastOvernightMIBORcut-offof3.40%
**In addition to the fund manager managing this fund, overseas investment is
managedbyMs.PriyankaKhandelwal.
@@TotalExpenseRatioisasonthelastbusinessdayofthemonth.
Refer page no 65 to 73 for details on option, entry load, SWP, STP/Flex STP/Value STP &
minimumredemptionamountpertainingtothescheme.
For IDCW History : Refer page no. from 93 to 98, For SIP Returns : Refer page no. from
89to91,ForInvestmentObjective:Referpageno.from99to100
Quantitative Indicators
ICICI Prudential Multicap Fund
(An open ended equity scheme investing across large cap, mid cap, small cap stocks)
Value Blend Growth
Large
Mid
Small
Diversified
Style
Size
Multicap Fund
Category
NAV (As on 30-Jul-21): Growth Option : 421.35 IDCW Option : 26.59 Direct Plan Growth Option : 454.60 Direct Plan IDCW Option : 39.84 `
` `
`
` `
`
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)
Average P/E :
24.20
Average P/B :
4.50
Average
Dividend Yield :
0.59
Std Dev
(Annualised) :
23.81%
Sharpe Ratio :
0.51
Portfolio Beta :
1.02
Annual Portfolio Turnover Ratio :
Equity - 0.49 times
Equity Shares 98.82%
Auto 3.31%
• TVS Motor Company Ltd. 3.31%
Auto Ancillaries 4.59%
• Motherson Sumi Systems Ltd. 2.30%
Minda Industries Ltd. 1.51%
Sundaram Clayton Ltd. 0.79%
Banks 21.34%
• ICICI Bank Ltd. 7.73%
• HDFC Bank Ltd. 5.32%
• State Bank Of India 2.50%
City Union Bank Ltd. 2.05%
The Federal Bank Ltd. 1.42%
Axis Bank Ltd. 1.39%
Bank Of Baroda 0.94%
Capital Markets 3.51%
Angel Broking Ltd. 1.86%
UTI Asset Management Co Ltd 1.65%
Cement & Cement Products 4.08%
• JK Cement Ltd. 2.06%
JK Lakshmi Cement Ltd. 1.25%
Ultratech Cement Ltd. 0.76%
Construction 6.73%
The Phoenix Mills Ltd. 1.56%
KNR Constructions Ltd. 1.42%
Mahindra Lifespace Developers Ltd. 1.08%
PNC Infratech Ltd. 1.01%
G R Infraprojects Ltd. 0.89%
Sunteck Realty Ltd. 0.76%
Construction Project 1.12%
Larsen & Toubro Ltd. 1.12%
Consumer Durables 5.50%
Bajaj Electricals Ltd. 1.87%
Orient Electric Ltd. 1.87%
Voltas Ltd. 1.76%
Consumer Non Durables 1.08%
Zydus Wellness Ltd. (Subsidiary of Cadila Healthcare
Limited) 1.08%
Entertainment 1.73%
PVR Ltd. 1.73%
Ferrous Metals 3.38%
• Tata Steel Ltd. 2.16%
Jindal Steel & Power Ltd. 1.22%
Finance 3.41%
Cholamandalam Financial Holdings Ltd. 1.83%
Mahindra & Mahindra Financial Services Ltd. 1.58%
Industrial Capital Goods 1.47%
GMM Pfaudler Ltd. 1.47%
Industrial Products 1.00%
Bharat Forge Ltd. 1.00%
Insurance 1.64%
Max Financial Services Ltd. 1.64%
Pesticides 1.10%
Astec LifeSciences Ltd. 1.10%
Petroleum Products 2.19%
• Reliance Industries Ltd. 2.19%
Pharmaceuticals 5.85%
IPCA Laboratories Ltd. 1.90%
Natco Pharma Ltd. 1.11%
J.B.Chemicals & Pharmaceuticals Ltd. 1.07%
Sanofi India Ltd. 0.88%
Sun Pharmaceutical Industries Ltd. 0.87%
Power 1.16%
CESC Ltd. 1.16%
Retailing 4.25%
• Avenue Supermarts Ltd. (D-Mart) 3.18%
V-Mart Retail Ltd. 1.07%
Software 8.95%
• Infosys Ltd. 3.04%
Cyient Ltd. 1.93%
Wipro Ltd. 1.53%
Company/Issuer Rating % to
NAV
Company/Issuer Rating % to
NAV

19. 19
• Top Ten Holdings
Securities and the corresponding derivative exposure with less than 1%
to NAV, have been clubbed together with a consolidated limit of 10%.
^ Value Less than 0.01% of NAV in absolute terms.
Portfolio as on July 31, 2021
HCL Technologies Ltd. 1.41%
Tech Mahindra Ltd. 1.04%
Telecom - Services 1.79%
Bharti Airtel Ltd. 1.79%
Corporate Securities ^
Britannia Industries Ltd. CRISIL AAA ^
Equity less than 1% of
corpus 9.66%
Short Term Debt and net
current assets 1.18%
Total Net Assets 100.00%
ICICI Prudential Multicap Fund
(An open ended equity scheme investing across large cap, mid cap, small cap stocks) Multicap Fund
Category
Top 10 Sectors
Company/Issuer Rating % to
NAV
Riskometer
This Product is suitable for investors who
are seeking*:
• LongTermWealthCreation
• 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.
Investors understand that their principal
will be at Very High risk
22.27%
9.83%
7.64%
5.93%
5.85%
5.16%
4.78%
4.44%
4.31%
4.25%
Banks
Software
Construction
Consumer Durables
Pharmaceuticals
Auto Ancillaries
Finance
Ferrous Metals
Cement & Cement Products
Retailing

20. 20
Style Box
Notes:
1. Differentplansshallhavedifferentexpensestructure.TheperformancedetailsprovidedhereinareofICICIPrudentialValueDiscoveryFund.
2. The scheme is currently managed by Sankaran Naren and Dharmesh Kakkad. Mr. Sankaran Naren has been managing this fund since Jan 2021. Total Schemes managed by the Fund Manager is 20 (20 are jointly
managed).
Mr.DharmeshKakkadhasbeenmanagingthisfundsinceJan2021.TotalSchemesmanagedbytheFundManageris9(7arejointlymanaged).Referannexurefrompageno.74forperformanceofotherschemes
currentlymanagedbySankaranNarenandDharmeshKakkad.
3. Dateofinception:16-Aug-04.
4. Pastperformancemayormaynotbesustainedinfutureandthesamemaynotnecessarilyprovidethebasisforcomparisonwithotherinvestment.
5.Loadisnotconsideredforcomputationofreturns.
6. Incase,thestart/enddateoftheconcernedperiodisanonbusinessdate(NBD),theNAVofthepreviousdateisconsideredforcomputationofreturns.TheNAVperunitshowninthetableisasonthestartdateof
thesaidperiod
7.ThebenchmarkofthisschemehasbeenrevisedfromS&PBSE500TRItoNifty500Value50TRIw.e.f.February17,2020.
8.Astheschemewaslaunchedbeforethelaunchofthebenchmarkindex,benchmarkindexfiguressinceinceptionortherequiredperiodarenotavailable.
Returns of ICICI Prudential Value Discovery Fund - Growth Option as on July 31, 2021
1 Year 3 Years 5 Years Since inception
Particulars
144.65 147.75
Scheme
Nifty 500 Value 50 TRI (Benchmark)
Nifty 50 TRI (Additional Benchmark)
NAV (Rs.) Per Unit (as on July 30,2021 : 221.33)
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
124.04
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
10.00
Portfolio as on July 31, 2021
Riskometer
This Product is suitable for investors who
are seeking*:
• LongTermWealthCreation
• An open ended equity scheme following a
valueinvestmentstrategy.
*Investors should consult their financial advisers if in doubt about whether the
product is suitable for them.
Fund Details
Monthly AAUM as on 31-Jul-21 : Rs. 20,667.58 crores
Closing AUM as on 31-Jul-21 : Rs. 21,194.84 crores `
Fund Managers** :
Mr. Sankaran Naren (Managing this fund
since January 2021 & Overall 31 years
of experience)
Mr. Dharmesh Kakkad (Managing this fund
since January 2021 & Overall 11 years of
experience)
Indicative Investment Horizon: 5 years & above
Inception/Allotment date: 16-Aug-04 Exit load for Redemption / Switch
out :- Lumpsum & SIP / STP / SWP Option
Upto 12 Months from allotment - 1%
of applicable NAV, more than 12
Months - Nil
Total Expense Ratio @@ :
Other : 1.75% p. a.
Direct : 1.24% p. a.
53.19 15301.07 14.42 14980.03 12.26 17843.44 20.03 221330.00
94.24 19388.75 8.79 12874.81 8.95 15355.08 NA NA
44.30 14415.96 12.90 14391.01 14.18 19418.55 15.91 122437.10
ICICI Prudential Value Discovery Fund
(An open ended equity scheme following a value investment strategy.)
Value Blend Growth
Large
Mid
Small
Diversified
Style
Size
Thefiguresarenotnettedforderivativetransactions.
Risk-freeratebasedonthelastOvernightMIBORcut-offof3.40%
Disclaimer
The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive
property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s Financial Services
LLC (“S&P”) and is licensed for use by ICICI Prudential Asset Management Company Ltd.
Neither MSCI, S&P nor any other party involved in making or compiling the GICS or any GICS
classifications makes any express or implied warranties or representations with respect to
such standard or classification (or the results to be obtained by the use thereof), and all such
parties hereby expressly disclaim all warranties of originality, accuracy, completeness,
merchantability and fitness for a particular purpose with respect to any of such standard or
classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their
affiliates or any third party involved in making or compiling the GICS or any GICS
classifications have any liability for any direct, indirect, special, punitive, consequential or
any other damages (including lost profits) even if notified of the possibility of such damages.
**In addition to the fund manager managing this fund, overseas investment is managed by Ms.
PriyankaKhandelwal.
@@TotalExpenseRatioisasonthelastbusinessdayofthemonth.
Investors are requested to take note of proposed changes in fundamental attributes of the
scheme and proposed merger with ICICI Prudential Value Fund - Series 18, ICICI Prudential Value
Fund - Series 19 and ICICI Prudential Value Fund - Series 20 w.e.f. May 17, 2021 , June 24, 2021
andJuly22,2021respectively.
The performance disclosed above is of ICICI Prudential Value Discovery Fund. Performance of
merging scheme i.e ICICI Prudential Value fund series 18, ICICI Prudential Value fund series 19
and ICICIPrudentialValueFund-Series20willbemadeavailabletoinvestorsonrequest.
Refer page no 65 to 73 for details on option, entry load, SWP, STP/Flex STP/Value STP &
minimumredemptionamountpertainingtothescheme.
For IDCW History : Refer page no. from 93 to 98, For SIP Returns : Refer page no. from 89 to 91,
ForInvestmentObjective:Referpageno.from99to100
Quantitative Indicators
Value Fund
Category
Application Amount for fresh Subscription :
Rs.1,000 (plus in multiples of Re.1)
Min.Addl.Investment :
Rs.500 (plus in multiples of Re.1)
NAV (As on 30-Jul-21): Growth Option : 221.33 IDCW Option : 29.35 Direct Plan Growth Option : 238.03 Direct Plan IDCW Option : 66.18 `
` `
`
` `
`
Average P/E :
29.61
Average P/B :
3.61
Average
Dividend Yield :
1.54
Std Dev
(Annualised) :
20.13%
Sharpe Ratio :
0.60
Portfolio Beta :
0.55
Annual Portfolio Turnover Ratio :
Equity - 0.63 times
Investors understand that their principal
will be at Very High risk
Equity Shares 91.84% -0.01%
Auto 9.21%
• Mahindra & Mahindra Ltd. 6.72%
TVS Motor Company Ltd. 1.36%
Tata Motors Ltd. - DVR 1.13%
Auto Ancillaries 2.83%
Exide Industries Ltd. 1.69%
Amara Raja Batteries Ltd. 1.15%
Banks 9.77% ^
• Axis Bank Ltd. 5.02%
ICICI Bank Ltd. 3.47%
HDFC Bank Ltd. 1.28% ^
Cement & Cement Products 0.77%
Grasim Industries Ltd. 0.77%
Construction Project 0.88%
Larsen & Toubro Ltd. 0.88%
Consumer Non Durables 5.33%
• ITC Ltd. 5.33%
Ferrous Metals 2.44%
Tata Steel Ltd. 2.44%
Finance 0.72%
Jm Financial Ltd. 0.72%
Gas 1.49%
GAIL (India) Ltd. 1.49%
Insurance 3.07%
Max Financial Services Ltd. 1.28%
HDFC Life Insurance Company Ltd. 1.01%
SBI Life Insurance Company Ltd. 0.78%
Non - Ferrous Metals 4.24%
• Hindalco Industries Ltd. 4.24%
Oil 4.32%
• Oil & Natural Gas Corporation Ltd. 4.32%
Petroleum Products 3.61%
• Bharat Petroleum Corporation Ltd. 3.61%
Pharmaceuticals 10.05%
• Sun Pharmaceutical Industries Ltd. 10.05%
Power 6.90%
• NTPC Ltd. 6.90%
Company/Issuer Rating % to % to NAV
NAV Derivatives
Company/Issuer Rating % to % to NAV
NAV Derivatives
Software 7.49%
• Infosys Ltd. 4.08%
HCL Technologies Ltd. 2.59%
Persistent Systems Ltd. 0.82%
Telecom - Services 6.96%
• Bharti Airtel Ltd. 6.96%
Transportation 0.80%
Gateway Distriparks Ltd. 0.80%
Foreign Equity 1.23%
Telecom - Services 0.97%
Vodafone Group Plc - SP ADR 0.97%
Index Futures/Options
Covered Call Option Exposure -0.01%
Treasury Bills 2.12%
91 Days Treasury Bill 2021 SOV 2.12%
Equity less than 1% of corpus 9.98%
Short Term Debt and net current assets 6.05%
Total Net Assets 100.00%
• Top Ten Holdings
Securities and the corresponding derivative exposure with less than 1%
to NAV, have been clubbed together with a consolidated limit of 10%.
Derivatives are considered at exposure value.
^ Value Less than 0.01% of NAV in absolute terms.
Top 10 Sectors
10.99%
10.37%
9.78%
7.93%
7.78%
7.75%
6.03%
5.43%
4.78%
4.70%
Pharmaceuticals
Banks
Auto
Telecom - Services
Power
Software
Cash,Cash Equivalents and Net Current Assets
Consumer Non Durables
Oil
Non - Ferrous Metals

21. 21
Style Box
Notes:
1. Differentplansshallhavedifferentexpensestructure.TheperformancedetailsprovidedhereinareofICICIPrudentialLongTermEquityFund(TaxSaving).
2. The scheme is currently managed by Harish Bihani. Mr. Harish Bihani has been managing this fund since Nov 2018. Total Schemes managed by the Fund Manager is 2 (1 are jointly managed). Refer annexure
frompageno.74forperformanceofotherschemescurrentlymanagedbyHarishBihani.
3. Dateofinception:19-Aug-99.
4. Pastperformancemayormaynotbesustainedinfutureandthesamemaynotnecessarilyprovidethebasisforcomparisonwithotherinvestment.
5. Loadisnotconsideredforcomputationofreturns.
6. Incase,thestart/enddateoftheconcernedperiodisanonbusinessdate(NBD),theNAVofthepreviousdateisconsideredforcomputationofreturns.TheNAVperunitshowninthetableisasonthestartdateof
thesaidperiod
7. TheperformanceoftheschemeisbenchmarkedtotheTotalReturnvariantoftheIndex
Returns of ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth Option as on July 31, 2021
1 Year 3 Years 5 Years Since inception
Particulars
349.71 371.93
Scheme
Nifty 500 TRI (Benchmark)
Nifty 50 TRI (Additional Benchmark)
NAV (Rs.) Per Unit (as on July 30,2021 : 544.11)
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
294.89
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
10.00
Top 10 Sectors
• Top Ten Holdings
Securities and the corresponding derivative exposure with less than 1%
to NAV, have been clubbed together with a consolidated limit of 10%.
Portfolio as on July 31, 2021
Riskometer
This Product is suitable for investors who
are seeking*:
• Long term wealth creation solution
• AnEquityLinkedSavingsSchemethataimsto
generatelongterm capital appreciation by
primarily investing in equity and related
securities and provides tax benefit under
section80CofIncome TaxAct,1961.
*Investors should consult their financial advisers if in doubt about whether the
product is suitable for them.
Fund Details
Monthly AAUM as on 31-Jul-21 : Rs. 9,087.98 crores
Closing AUM as on 31-Jul-21 : Rs. 9,266.24 crores `
Fund Managers** :
Harish Bihani
(Managing this fund since Nov, 2018 &
Overall above 13 Years of experience)
Indicative Investment Horizon: 5 years & above
Inception/Allotment date: 19-Aug-99 Exit load for Redemption / Switch out
:- Lumpsum & SIP / STP Option
Nil
Total Expense Ratio @@ :
Other : 1.96% p. a.
Direct : 1.18% p. a.
55.78 15558.89 13.52 14629.37 13.02 18451.29 19.96 544110.00
53.07 15288.85 13.56 14643.03 14.58 19766.64 14.56 197933.12
44.30 14415.96 12.90 14391.01 14.18 19418.55 13.40 158357.74
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)
Value Blend Growth
Large
Mid
Small
Diversified
Style
Size
Thefiguresarenotnettedforderivativetransactions.
Risk-freeratebasedonthelastOvernightMIBORcut-offof3.40%
**In addition to the fund manager managing this fund, overseas investment is
managedbyMs.PriyankaKhandelwal.
@@TotalExpenseRatioisasonthelastbusinessdayofthemonth.
Refer page no 65 to 73 for details on option, entry load, SWP, STP/Flex STP/Value STP &
minimumredemptionamountpertainingtothescheme.
For IDCW History : Refer page no. from 93 to 98, For SIP Returns : Refer page no. from
89to91,ForInvestmentObjective:Referpageno.from99to100
Quantitative Indicators
Equity Linked Savings
Scheme (ELSS)
Category
Equity Shares 98.61%
Auto 4.69%
Maruti Suzuki India Ltd. 1.84%
Ashok Leyland Ltd. 1.08%
Eicher Motors Ltd. 0.90%
Mahindra & Mahindra Ltd. 0.87%
Banks 18.69%
• ICICI Bank Ltd. 7.07%
• HDFC Bank Ltd. 5.84%
• Axis Bank Ltd. 3.15%
• State Bank Of India 2.64%
Capital Markets 1.91%
Computer Age Management Services Ltd. 1.91%
Cement & Cement Products 1.17%
Ultratech Cement Ltd. 1.17%
Construction 0.96%
Mahindra Lifespace Developers Ltd. 0.96%
Construction Project 2.04%
Larsen & Toubro Ltd. 2.04%
Consumer Durables 2.32%
Blue Star Ltd. 1.53%
Dixon Technologies (India) Ltd. 0.79%
Consumer Non Durables 4.81%
United Breweries Ltd. 1.46%
Hindustan Unilever Ltd. 1.40%
ITC Ltd. 1.14%
United Spirits Ltd. 0.80%
Entertainment 1.05%
Inox Leisure Ltd. 1.05%
Ferrous Metals 1.40%
Tata Steel Ltd. 1.40%
Finance 4.04%
• HDFC Ltd. 2.87%
SBI Cards & Payment Services Ltd. 1.18%
Gas 1.90%
GAIL (India) Ltd. 1.90%
Insurance 4.41%
SBI Life Insurance Company Ltd. 2.14%
Max Financial Services Ltd. 1.38%
ICICI Lombard General Insurance Company Ltd. 0.90%
Non - Ferrous Metals 2.90%
• Hindalco Industries Ltd. 2.90%
Oil 1.05%
Oil & Natural Gas Corporation Ltd. 1.05%
Other Services 0.96%
Quess Corp Ltd. 0.96%
Petroleum Products 4.24%
• Reliance Industries Ltd. 2.98%
Bharat Petroleum Corporation Ltd. 1.25%
Pharmaceuticals 4.18%
Sun Pharmaceutical Industries Ltd. 2.13%
IPCA Laboratories Ltd. 1.17%
Cipla Ltd. 0.89%
Power 1.85%
NTPC Ltd. 1.85%
Retailing 3.86%
Avenue Supermarts Ltd. (D-Mart) 2.28%
V-Mart Retail Ltd. 1.58%
Software 14.69%
• Infosys Ltd. 5.56%
• HCL Technologies Ltd. 3.71%
Tech Mahindra Ltd. 2.38%
Larsen & Toubro Infotech Ltd. 1.65%
Birlasoft Ltd. 1.39%
Telecom - Services 5.93%
• Bharti Airtel Ltd. 5.93%
Equity less than 1% of corpus 9.54%
Short Term Debt and net current assets 1.39%
Total Net Assets 100.00%
Company/Issuer % to
NAV
Company/Issuer % to
NAV
Application Amount for fresh Subscription :
Rs.500 (plus in multiples of Re.1)
Min.Addl.Investment :
Rs.500 & in multiples thereof
NAV (As on 30-Jul-21): Growth Option : 544.11 IDCW Option : 22.76 Direct Plan Growth Option : 588.38 Direct Plan IDCW Option : 35.48 `
` `
`
` `
`
Average P/E :
26.88
Average P/B :
4.85
Average
Dividend Yield :
0.90
Std Dev
(Annualised) :
22.89%
Sharpe Ratio :
0.53
Portfolio Beta :
0.99
Annual Portfolio Turnover Ratio :
Equity - 0.32 times
Investors understand that their principal
will be at Very High risk
19.06%
14.69%
6.11%
6.09%
5.93%
5.43%
4.75%
4.46%
4.41%
4.24%
Banks
Software
Finance
Consumer Non Durables
Telecom - Services
Auto
Pharmaceuticals
Retailing
Insurance
Petroleum Products

22. 22
Style Box
Notes:
1. Differentplansshallhavedifferentexpensestructure.TheperformancedetailsprovidedhereinareofICICIPrudentialFocusedEquityFund.
2. TheschemeiscurrentlymanagedbyPrakashGauravGoel.Mr.PrakashGauravGoelhasbeenmanagingthisfundsinceJan2021.TotalSchemesmanagedbytheFundManageris4(1arejointlymanaged).Refer
annexurefrompageno.74forperformanceofotherschemescurrentlymanagedbyPrakashGauravGoel.
3. Dateofinception:28-May-09.
4. Pastperformancemayormaynotbesustainedinfutureandthesamemaynotnecessarilyprovidethebasisforcomparisonwithotherinvestment.
5. Loadisnotconsideredforcomputationofreturns.
6. Incase,thestart/enddateoftheconcernedperiodisanonbusinessdate(NBD),theNAVofthepreviousdateisconsideredforcomputationofreturns.TheNAVperunitshowninthetableisasonthestartdateof
thesaidperiod
7. The performance of the scheme is benchmarked to the Total Return variant of the Index. The benchmark of the scheme has been revised from S&P BSE 100 Index to S&P BSE 500 TRI w.e.f. May 28, 2018. For
benchmarkperformance,valuesofearlierbenchmarkhasbeenusedtill27thMay2018andrevisedbenchmarkvalueshavebeenconsideredthereafter.
Returns of ICICI Prudential Focused Equity Fund - Growth Option as on July 31, 2021
1 Year 3 Years 5 Years Since inception
Particulars
30.36 30.36
Scheme
S&P BSE 500 TRI (Benchmark)
Nifty 50 TRI (Additional Benchmark)
NAV (Rs.) Per Unit (as on July 30,2021 : 45.21)
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
25.04
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
10.00
Top 10 Sectors
• Top Ten Holdings
Securities and the corresponding derivative exposure with less than 1%
to NAV, have been clubbed together with a consolidated limit of 10%.
Portfolio as on July 31, 2021
Riskometer
This Product 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.
Fund Details
Monthly AAUM as on 31-Jul-21 : Rs. 1,770.57 crores
Closing AUM as on 31-Jul-21 : Rs. 1,879.32 crores `
Fund Managers** :
Prakash Gaurav Goel
(Managing this fund since Jan, 2021 &
Overall 17 years of experience)
Indicative Investment Horizon: 5 years & above
Inception/Allotment date: 28-May-09 Exit load for Redemption / Switch
out :- Lumpsum Investment Option
Within 1 Year from allotment - 1% of
applicable NAV, more than 1 Year - Nil
Total Expense Ratio @@ :
Other : 2.15% p. a.
Direct : 0.96% p. a.
49.08 14891.30 14.19 14891.30 12.53 18055.11 13.19 45210.00
53.59 15341.08 13.81 14742.22 14.34 19553.58 13.07 44654.15
44.30 14415.96 12.90 14391.01 14.18 19418.55 12.55 42217.78
ICICI Prudential Focused Equity Fund
(An open ended equity scheme investing in maximum 30 stocks across market-capitalisation i.e. focus on multicap.)
Value Blend Growth
Large
Mid
Small
Diversified
Style
Size
Note:Defaulttriggerisnowsetat50%oftheappreciationofNAV.
Thefiguresarenotnettedforderivativetransactions.
Risk-freeratebasedonthelastOvernightMIBORcut-offof3.40%
**In addition to the fund manager managing this fund, overseas investment is
managedbyMs.PriyankaKhandelwal.
@@TotalExpenseRatioisasonthelastbusinessdayofthemonth.
Refer page no 65 to 73 for details on option, entry load, SWP, STP/Flex STP/Value STP &
minimumredemptionamountpertainingtothescheme.
For IDCW History : Refer page no. from 93 to 98, For SIP Returns : Refer page no. from
89to91,ForInvestmentObjective:Referpageno.from99to100
Quantitative Indicators
Focused Fund
Category
Equity Shares 94.86%
Auto 6.16%
Mahindra & Mahindra Ltd. 3.83%
TVS Motor Company Ltd. 2.32%
Banks 21.93%
• HDFC Bank Ltd. 6.39%
• ICICI Bank Ltd. 5.85%
• Axis Bank Ltd. 4.34%
State Bank Of India 3.68%
Bank Of Baroda 1.68%
Cement & Cement Products 1.22%
Ultratech Cement Ltd. 1.22%
Chemicals 1.59%
Camlin Fine Sciences Ltd. 1.59%
Construction 4.27%
Brigade Enterprises Ltd. 2.33%
G R Infraprojects Ltd. 1.94%
Construction Project 4.35%
• Larsen & Toubro Ltd. 4.35%
Consumer Non Durables 4.04%
• ITC Ltd. 4.04%
Ferrous Metals 4.88%
• Tata Steel Ltd. 4.88%
Finance 4.03%
Cholamandalam Financial Holdings Ltd. 2.14%
HDFC Ltd. 1.88%
Gas 2.16%
GAIL (India) Ltd. 2.16%
Insurance 6.30%
Max Financial Services Ltd. 2.74%
SBI Life Insurance Company Ltd. 2.21%
ICICI Lombard General Insurance Company Ltd. 1.35%
Pharmaceuticals 8.86%
• Sun Pharmaceutical Industries Ltd. 5.04%
Alkem Laboratories Ltd. 2.36%
Divi's Laboratories Ltd. 1.46%
Power 4.65%
NTPC Ltd. 2.86%
CESC Ltd. 1.79%
Software 13.96%
• Infosys Ltd. 6.37%
• Tech Mahindra Ltd. 4.38%
HCL Technologies Ltd. 3.22%
Telecom - Services 4.98%
• Bharti Airtel Ltd. 4.98%
Transportation 1.48%
Gujarat Pipavav Port Ltd. 1.48%
Equity less than 1% of corpus
Short Term Debt and net current assets 5.14%
Total Net Assets 100.00%
Company/Issuer % to
NAV
Company/Issuer % to
NAV
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)
NAV (As on 30-Jul-21): Growth Option : 45.21 IDCW Option : 20.74 Direct Plan Growth Option : 49.34 Direct Plan IDCW Option : 35.98 `
` `
`
` `
`
Average P/E :
29.92
Average P/B :
4.16
Average
Dividend Yield :
1.30
Std Dev
(Annualised) :
19.19%
Sharpe Ratio :
0.61
Portfolio Beta :
0.78
Annual Portfolio Turnover Ratio :
Equity - 0.64 times
Investors understand that their principal
will be at Very High risk
21.93%
13.96%
8.86%
6.30%
6.16%
5.14%
4.98%
4.88%
4.65%
4.35%
Banks
Software
Pharmaceuticals
Insurance
Auto
Cash,Cash Equivalents and Net Current Assets
Telecom - Services
Ferrous Metals
Power
Construction Project

23. 23
Style Box
Notes:
1. Differentplansshallhavedifferentexpensestructure.TheperformancedetailsprovidedhereinareofICICIPrudentialIndiaOpportunitiesFund.
2. The scheme is currently managed by Sankaran Naren & Roshan Chutkey. Mr. Sankaran Naren has been managing this fund since Jan 2019. Total Schemes managed by the Fund Manager is 20 (20 are jointly
managed).
Mr. Roshan Chutkey has been managing this fund since Jan 2019. Total Schemes managed by the Fund Manager is 6 (3 are jointly managed). Refer annexure from page no. 74 for performance of other schemes
currentlymanagedbySankaranNaren&RoshanChutkey.
3. Dateofinception:15-Jan-19.
4. AstheSchemehascompletedmorethan1yearbutlessthan3years,theperformancedetailsofonlysinceinceptionand1yearareprovidedherein.
5. Pastperformancemayormaynotbesustainedinfutureandthesamemaynotnecessarilyprovidethebasisforcomparisonwithotherinvestment.
6. Loadisnotconsideredforcomputationofreturns.
7. Incase,thestart/enddateoftheconcernedperiodisanonbusinessdate(NBD),theNAVofthepreviousdateisconsideredforcomputationofreturns.TheNAVperunitshowninthetableisasonthestartdateof
thesaidperiod
Returns of ICICI Prudential India Opportunities Fund - Growth Option as on July 31, 2021
1 Year 3 Years 5 Years Since inception
Particulars
9.16 -
Scheme
Nifty 500 TRI (Benchmark)
Nifty 50 TRI (Additional Benchmark)
NAV (Rs.) Per Unit (as on July 30,2021 : 15.40)
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
-
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
10.00
Top 10 Sectors
• Top Ten Holdings
Securities and the corresponding derivative exposure with less than 1%
to NAV, have been clubbed together with a consolidated limit of 10%.
Derivatives are considered at exposure value.
Portfolio as on July 31, 2021
Riskometer
This Product is suitable for investors who
are seeking*:
• LongTermWealthCreation
• An equity scheme that invests in stocks
basedonspecialsituationstheme.
*Investors should consult their financial advisers if in doubt about whether the
product is suitable for them.
Fund Details
Monthly AAUM as on 31-Jul-21 : Rs. 3,987.02 crores
Closing AUM as on 31-Jul-21 : Rs. 4,049.08 crores `
Fund Managers** :
Mr. Sankaran Naren
(Managing this fund since Jan 2019 &
Overall 31 years of experience)
Mr. Roshan Chutkey
(Managing this fund since Jan 2019 &
Overall 14 years of experience)
Indicative Investment Horizon: 5 years & above
Inception/Allotment date: 15-Jan-19 Exit load for Redemption / Switch out
:- Lumpsum & SIP / STP Option:
1% of applicable NAV if the amount, sought to be redeemed/
switch out in invested for a period of upto 12 months from the date
of allotment.
Nil - if the amount, sought to be redeemed/switch out in invested
for a period of more than 12 months from the date of allotment.
Total Expense Ratio @@ :
Other : 2.03% p. a.
Direct : 0.69% p. a.
68.36 16812.23 - - - - 18.53 15400.00
53.07 15288.85 - - - - 18.45 15373.04
44.30 14415.96 - - - - 17.17 14953.84
ICICI Prudential India Opportunities Fund
(An open ended equity scheme following special situations theme)
Value Blend Growth
Large
Mid
Small
Concentrated
Style
Size
Thematic
Category
Note : - “Portfolio Beta, Standard Deviation, R Squared, Sharpe Ratio and Tracking
Error of the Scheme is not computed owing to the short time frame since launch
of the Scheme.”
@@ Total Expense Ratio is as on the last business day of the month.
**In addition to the fund manager managing this fund, overseas investment is
managed by Ms. Priyanka Khandelwal.
Refer page no 65 to 73 for details on option, entry load, SWP, STP/Flex STP/Value STP &
minimumredemptionamountpertainingtothescheme.
For IDCW History : Refer page no. from 93 to 98, For SIP Returns : Refer page no. from
89to91,ForInvestmentObjective:Referpageno.from99to100
Quantitative Indicators
Benchmark
Nifty 500 TRI
NAV (As on 30-Jul-21): Growth Option : Rs. 15.40 IDCW Option : 14.63 Direct Plan Growth Option : Rs. 16.03 Direct Plan IDCW Option : 15.26 `
` `
`
` `
`
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)
Average P/E :
23.52
Average P/B :
3.26
Average
Dividend Yield :
1.73
Annual Portfolio Turnover Ratio :
Equity - 0.56 times
Investors understand that their principal
will be at Very High risk
Equity Shares 95.98% 1.36%
Auto 4.47%
Tata Motors Ltd. - DVR 2.45%
TVS Motor Company Ltd. 2.01%
Banks 15.59%
• Axis Bank Ltd. 6.99%
• State Bank Of India 3.40%
HDFC Bank Ltd. 2.49%
ICICI Bank Ltd. 1.69%
Bank Of Baroda 1.02%
Consumer Non Durables 4.47%
• United Spirits Ltd. 2.65%
ITC Ltd. 1.82%
Ferrous Metals 2.21%
Tata Steel Ltd. 2.21%
Gas 5.34%
• GAIL (India) Ltd. 5.34%
Healthcare Services 2.14%
Aster DM Healthcare Ltd. 2.14%
Insurance 1.96%
Max Financial Services Ltd. 1.96%
Minerals/Mining 2.48%
Coal India Ltd. 2.48%
Non - Ferrous Metals 2.20%
Hindalco Industries Ltd. 2.20%
Oil 3.37%
• Oil & Natural Gas Corporation Ltd. 3.37%
Pesticides 1.02%
UPL Ltd. 1.02%
Petroleum Products 1.77%
Indian Oil Corporation Ltd. 1.77%
Pharmaceuticals 9.85%
• Sun Pharmaceutical Industries Ltd. 9.85%
Power 16.30%
• NTPC Ltd. 10.00%
• CESC Ltd. 4.19%
Kalpataru Power Transmission Ltd. 2.11%
Software 3.72%
• HCL Technologies Ltd. 2.63%
Cyient Ltd. 1.10%
Telecom - Services 10.26%
• Bharti Airtel Ltd. 10.26%
Treasury Bills 0.49%
91 Days Treasury Bill 2021 SOV 0.49%
Equity less than 1% of
corpus 8.82% 1.36%
Short Term Debt and net
current assets 2.17%
Total Net Assets 100.00%
Company/Issuer % to % to NAV
NAV Derivatives
Company/Issuer % to % to NAV
NAV Derivatives
18.03%
16.30%
10.26%
10.14%
6.02%
5.12%
4.47%
4.28%
3.72%
2.99%
Banks
Power
Telecom - Services
Pharmaceuticals
Gas
Consumer Non Durables
Auto
Oil
Software
Petroleum Products

24. 24
Style Box
Notes:
1. Differentplansshallhavedifferentexpensestructure.TheperformancedetailsprovidedhereinareofICICIPrudentialMidcapFund.
2. The scheme is currently managed by Prakash Gaurav Goel. Mr. Prakash Gaurav Goel has been managing this fund since May 2020. Total Schemes managed by the Fund Manager is 4 (1 are jointly managed).
Referannexurefrompageno.74forperformanceofotherschemescurrentlymanagedbyPrakashGauravGoel.
3. Dateofinception:28-Oct-04.
4. Pastperformancemayormaynotbesustainedinfutureandthesamemaynotnecessarilyprovidethebasisforcomparisonwithotherinvestment.
5. Loadisnotconsideredforcomputationofreturns.
6. Incase,thestart/enddateoftheconcernedperiodisanonbusinessdate(NBD),theNAVofthepreviousdateisconsideredforcomputationofreturns.TheNAVperunitshowninthetableisasonthestartdateof
thesaidperiod
7. Astheschemewaslaunchedbeforethelaunchofthebenchmarkindex,benchmarkindexfiguressinceinceptionortherequiredperiodarenotavailable.
8. TheperformanceoftheschemeisbenchmarkedtotheTotalReturnvariantoftheIndex.ThebenchmarkoftheschemehasbeenrevisedfromNiftyMidcap100IndextoNiftyMidcap150TRIw.e.f.May28,2018.
Returns of ICICI Prudential Midcap Fund - Growth Option as on July 31, 2021
1 Year 3 Years 5 Years Since inception
Particulars
85.02 98.03
Scheme
Nifty Midcap 150 TRI (Benchmark)
Nifty 50 TRI (Additional Benchmark)
NAV (Rs.) Per Unit (as on July 30,2021 : 153.56)
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
74.91
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
10.00
Portfolio as on July 31, 2021
Fund Details
Monthly AAUM as on 31-Jul-21 : Rs. 2,919.70 crores
Closing AUM as on 31-Jul-21 : Rs. 2,992.64 crores `
Fund Managers** :
Mr Prakash Gaurav Goel
(Managing this fund since May, 2020
& Overall 17 years of experience)
Indicative Investment Horizon: 5 years & above
Inception/Allotment date: 28-Oct-04 Exit load for Redemption / Switch out
:- Lumpsum & SIP / STP / SWP Option
Within 1 Year from allotment - 1% of
applicable NAV, more than 1 Year -
Nil
Total Expense Ratio @@ :
Other : 2.16% p. a.
Direct : 1.23% p. a.
80.91 18061.63 16.14 15664.59 15.42 20499.27 17.70 153560.00
80.78 18048.68 17.40 16181.99 17.69 22594.87 NA NA
44.30 14415.96 12.90 14391.01 14.18 19418.55 15.26 108205.05
ICICI Prudential Midcap Fund
(An open ended equity scheme predominantly investing in mid cap stocks.)
Value Blend Growth
Large
Mid
Small
Diversified
Style
Size
Thefiguresarenotnettedforderivativetransactions.
Risk-freeratebasedonthelastOvernightMIBORcut-offof3.40%
ReferDisclaimerofNSEIndicesLimited(NSEIndices)onpageno.90.
**In addition to the fund manager managing this fund, overseas investment is
managedbyMs.PriyankaKhandelwal.
@@TotalExpenseRatioisasonthelastbusinessdayofthemonth.
Refer page no 65 to 73 for details on option, entry load, SWP, STP/Flex STP/Value STP &
minimumredemptionamountpertainingtothescheme.
For IDCW History : Refer page no. from 93 to 98, For SIP Returns : Refer page no. from
89to91,ForInvestmentObjective:Referpageno.from99to100
Quantitative Indicators
Mid Cap Fund
Category
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)
NAV (As on 30-Jul-21): Growth Option : 153.56 IDCW Option : 30.53 Direct Plan Growth Option : 166.15 Direct Plan IDCW Option : 41.20 `
` `
`
` `
`
Average P/E :
19.52
Average P/B :
3.95
Average
Dividend Yield :
0.67
Std Dev
(Annualised) :
26.15%
Sharpe Ratio :
0.59
Portfolio Beta :
0.95
Annual Portfolio Turnover Ratio :
Equity - 0.88 times
Equity Shares 97.48%
Auto 5.29%
• TVS Motor Company Ltd. 2.71%
• Ashok Leyland Ltd. 2.58%
Auto Ancillaries 2.25%
Minda Industries Ltd. 1.25%
Wabco India Ltd. 1.00%
Banks 6.89%
• The Federal Bank Ltd. 3.49%
City Union Bank Ltd. 2.00%
Indian Bank 1.40%
Capital Markets 3.26%
• Computer Age Management Services Ltd. 3.26%
Cement & Cement Products 3.52%
JK Cement Ltd. 2.45%
JK Lakshmi Cement Ltd. 1.08%
Chemicals 5.53%
Camlin Fine Sciences Ltd. 2.46%
Cummins India Ltd. 2.14%
Sudarshan Chemical Industries Ltd. 0.93%
Construction 6.68%
• The Phoenix Mills Ltd. 3.11%
G R Infraprojects Ltd. 2.50%
Oberoi Realty Ltd. 1.07%
Consumer Durables 2.83%
• Voltas Ltd. 2.83%
Consumer Non Durables 3.64%
Zydus Wellness Ltd. 2.43%
(Subsidiary of Cadila Healthcare Limited)
United Breweries Ltd. 1.22%
Entertainment 1.35%
Zee Entertainment Enterprises Ltd. 1.35%
Ferrous Metals 4.35%
Steel Authority Of India Ltd. 1.99%
Jindal Steel & Power Ltd. 1.30%
Tata Steel Ltd. 1.05%
Finance 6.85%
Cholamandalam Financial Holdings Ltd. 1.89%
Muthoot Finance Ltd. 1.82%
LIC Housing Finance Ltd. 1.78%
Jm Financial Ltd. 1.37%
Healthcare Services 4.97%
Fortis Healthcare Ltd. 2.48%
Metropolis Healthcare Ltd. 1.47%
Syngene International Ltd. 1.02%
Industrial Products 1.77%
AIA Engineering Ltd. 1.77%
Insurance 5.66%
• Max Financial Services Ltd. 5.66%
Leisure Services 3.59%
• The Indian Hotels Company Ltd. 3.59%
Pharmaceuticals 4.65%
Alkem Laboratories Ltd. 2.47%
IPCA Laboratories Ltd. 1.24%
Sanofi India Ltd. 0.94%
Power 2.39%
Tata Power Company Ltd. 1.25%
CESC Ltd. 1.13%
Retailing 1.92%
Matrimony.com Ltd. 1.03%
Aditya Birla Fashion and Retail Ltd. 0.89%
Software 6.66%
• Persistent Systems Ltd. 3.12%
Mphasis Ltd. 2.52%
HCL Technologies Ltd. 1.03%
Telecom - Services 2.92%
• Tata Communications Ltd. 2.92%
Company/Issuer % to
NAV
Company/Issuer % to
NAV

25. 25
• Top Ten Holdings
Securities and the corresponding derivative exposure with less than 1%
to NAV, have been clubbed together with a consolidated limit of 10%.
Portfolio as on July 31, 2021
Transportation 1.18%
Gujarat Pipavav Port Ltd. 1.18%
Equity less than 1% of corpus 9.32%
Short Term Debt and net current assets 2.52%
Total Net Assets 100.00%
ICICI Prudential Midcap Fund
(An open ended equity scheme predominantly investing in mid cap stocks.) Mid Cap Fund
Category
Top 10 Sectors
Company/Issuer % to
NAV
Riskometer
This Product 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.
Investors understand that their principal
will be at Very High risk
8.33%
6.89%
6.87%
6.86%
6.29%
5.73%
5.66%
5.22%
4.97%
4.35%
Finance
Banks
Software
Construction
Chemicals
Auto
Insurance
Pharmaceuticals
Healthcare Services
Ferrous Metals

26. 26
Style Box
Notes:
1. Differentplansshallhavedifferentexpensestructure.TheperformancedetailsprovidedhereinareofICICIPrudentialSmallcapFund.
2. The scheme is currently managed by Sankaran Naren and Harish Bihani. Mr. Sankaran Naren has been managing this fund since Feb 2015. Total Schemes managed by the Fund Manager is 20 (20 are jointly
managed).
Mr. Harish Bihani has been managing this fund since Nov 2018. Total Schemes managed by the Fund Manager is 2 (1 are jointly managed). Refer annexure from page no. 74 for performance of other schemes
currentlymanagedbySankaranNarenandHarishBihani.
3. Dateofinception:18-Oct-07.
4. Pastperformancemayormaynotbesustainedinfutureandthesamemaynotnecessarilyprovidethebasisforcomparisonwithotherinvestment.
5. Loadisnotconsideredforcomputationofreturns.
6. Incase,thestart/enddateoftheconcernedperiodisanonbusinessdate(NBD),theNAVofthepreviousdateisconsideredforcomputationofreturns.TheNAVperunitshowninthetableisasonthestartdateof
thesaidperiod
7. TheperformanceoftheschemeisbenchmarkedtotheTotalReturnvariantoftheIndex.Thebenchmarkoftheschemehasbeenrevisedfrom65%Nifty50+35%MSCIAsiaex-JapanIndextoNiftySmallcap250
TRI w.e.f.May28,2018.Forbenchmarkperformance,valuesofearlierbenchmarkhasbeenusedtill27thMay2018andrevisedbenchmarkvalueshavebeenconsideredthereafter.
Returns of ICICI Prudential Smallcap Fund - Growth Option as on July 31, 2021
1 Year 3 Years 5 Years Since inception
Particulars
22.50 25.79
Scheme
Nifty Smallcap 250 TRI (Benchmark)
Nifty 50 TRI (Additional Benchmark)
NAV (Rs.) Per Unit (as on July 30,2021 : 47.98)
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
21.35
CAGR
(%)
Current
Value of
Investment
of Rs. 10000
10.00
Portfolio as on July 31, 2021
Riskometer
This Product 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.
Fund Details
Monthly AAUM as on 31-Jul-21 : Rs. 2,854.13 crores
Closing AUM as on 31-Jul-21 : Rs. 3,001.62 crores `
Fund Managers** :
Sankaran Naren
(Managing this fund from Feb, 2015 &
Overall 31 years of experience)
Harish Bihani
(Managing this fund since Nov, 2018 &
Overall above 13 Years of experience)
Indicative Investment Horizon: 5 years & above
Inception/Allotment date: 18-Oct-2007 Exit load for Redemption / Switch
out :- Lumpsum & SIP / STP / SWP Option
Upto 1 Year from allotment - 1% of
applicable NAV, more than 1 Year - Nil
Total Expense Ratio @@ :
Other : 2.18% p. a.
Direct : 0.66% p. a.
113.69 21324.44 22.99 18604.11 17.56 22473.07 12.04 47980.00
113.47 21302.75 16.57 15838.24 14.69 19862.73 9.82 36407.52
44.30 14415.96 12.90 14391.01 14.18 19418.55 9.45 34726.96
ICICI Prudential Smallcap Fund
(An open ended equity scheme predominantly investing in small cap stocks.)
Value Blend Growth
Large
Mid
Small
Diversified
Style
Size
Thefiguresarenotnettedforderivativetransactions.
Risk-freeratebasedonthelastOvernightMIBORcut-offof3.40%.
**In addition to the fund manager managing this fund, overseas investment is
managedbyMs.PriyankaKhandelwal.
@@TotalExpenseRatioisasonthelastbusinessdayofthemonth.
Refer page no 65 to 73 for details on option, entry load, SWP, STP/Flex STP/Value STP &
minimumredemptionamountpertainingtothescheme.
For IDCW History : Refer page no. from 93 to 98, For SIP Returns : Refer page no. from
89to91,ForInvestmentObjective:Referpageno.from99to100
Quantitative Indicators
Small Cap Fund
Category
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)
NAV (As on 30-Jul-21): Growth Option : 47.98 IDCW Option : 27.81 Direct Plan Growth Option : 51.39 Direct Plan IDCW Option : 45.30 `
` `
`
` `
`
Average P/E :
20.16
Average P/B :
4.51
Average
Dividend Yield :
0.51
Std Dev
(Annualised) :
29.76%
Sharpe Ratio :
0.75
Portfolio Beta :
0.92
Annual Portfolio Turnover Ratio :
Equity - 0.51 times
Equity Shares 91.32%
Auto Ancillaries 4.45%
Minda Industries Ltd. 2.34%
Jamna Auto Industries Ltd. 2.11%
Capital Markets 4.97%
• Computer Age Management Services Ltd. 2.37%
Multi Commodity Exchange Of India Ltd. 1.47%
Motilal Oswal Financial Services Ltd. 1.13%
Cement & Cement Products 4.68%
Heidleberg Cement India Ltd. 1.73%
Birla Corporation Ltd. 1.50%
JK Cement Ltd. 1.45%
Chemicals 4.64%
• Camlin Fine Sciences Ltd. 2.46%
Sudarshan Chemical Industries Ltd. 2.18%
Commercial Services 1.02%
Teamlease Services Ltd. 1.02%
Construction 11.88%
• Mahindra Lifespace Developers Ltd. 4.04%
• Brigade Enterprises Ltd. 3.11%
• G R Infraprojects Ltd. 2.49%
PNC Infratech Ltd. 2.24%
Consumer Durables 3.90%
Blue Star Ltd. 1.51%
Dixon Technologies (India) Ltd. 1.31%
Orient Electric Ltd. 1.09%
Consumer Non Durables 6.29%
Jyothy Laboratories Ltd. 1.72%
CCL Products (India) Ltd. 1.68%
Zydus Wellness Ltd. 1.57%
(Subsidiary of Cadila Healthcare Limited)
Advanced Enzyme Technologies Ltd. 1.32%
Entertainment 3.55%
• Inox Leisure Ltd. 3.55%
Finance 7.42%
• Cholamandalam Financial Holdings Ltd. 2.43%
Jm Financial Ltd. 2.20%
Can Fin Homes Ltd. 1.41%
Equitas Holdings Ltd. 1.38%
Healthcare Services 2.67%
Metropolis Healthcare Ltd. 1.49%
Aster DM Healthcare Ltd. 1.18%
Industrial Products 5.49%
• KEI Industries Ltd. 2.86%
EPL Ltd. 1.64%
Finolex Cables Ltd. 0.99%
Pharmaceuticals 3.99%
J.B.Chemicals & Pharmaceuticals Ltd. 2.00%
Indoco Remedies Ltd. 1.99%
Retailing 6.22%
• V-Mart Retail Ltd. 4.27%
Matrimony.com Ltd. 1.95%
Software 7.26%
• Birlasoft Ltd. 3.37%
Cyient Ltd. 2.02%
Persistent Systems Ltd. 1.87%
Transportation 3.56%
Gateway Distriparks Ltd. 2.02%
VRL Logistics Ltd. 1.54%
Equity less than 1% of corpus 9.32%
Short Term Debt and net current assets 8.68%
Total Net Assets 100.00%
Company/Issuer % to
NAV
Company/Issuer % to
NAV
Investors understand that their principal
will be at Very High risk
• Top Ten Holdings
Securities and the corresponding derivative exposure with less than 1%
to NAV, have been clubbed together with a consolidated limit of 10%.
Top 10 Sectors
12.33%
8.70%
7.98%
7.26%
7.02%
6.29%
5.80%
5.41%
5.14%
4.97%
Construction
Cash,Cash Equivalents and Net Current Assets
Finance
Software
Retailing
Consumer Non Durables
Industrial Products
Chemicals
Auto Ancillaries
Capital Markets