The document discusses market volatility and the Nifty 100 Low Volatility 30 Index. It notes that volatility measures fluctuations in the market/stocks and higher volatility means higher uncertainty and risk. The index identifies the 30 least volatile large-cap stocks in the Nifty 100 index. Stocks receive weights based inversely on their volatility, so less volatile stocks have higher weights. The ICICI Prudential Nifty Low Vol 30 ETF FOF aims to invest in this index to limit downside risk and generate returns by investing in the underlying ETF.
Market outlook April 2021 - ICICI Prudential Mutual Fundiciciprumf
The resurgence of the pandemic may delay the recovery and growth of the Indian Economy. And with limited room for rate cuts going forward, investors could benefit from active duration management and accrual strategies.
To know more, read our Market Outlook for April 2021.
ICICI Pru MF - Annual Market Outlook 2020iciciprumf
Why Divergence as the theme?
Several polarizing trends have been observed on the Global as well as Domestic front
Divergence is observed in Markets and Economy, Value and Growth theme, Yields on G-Sec and AAA over AA/A, etc
The outlook aims to highlight such divergent trends and ways to navigate the same
Brief on our Equity Outlook
Union Budget, real estate debt de-leveraging and credit growth pick-up key triggers for the markets in 2020
Stark divergence between Value and Growth themes makes Value and Special Situations themes attractive
Asset Allocation schemes may be considered to address near term volatility
Recommend Small and Multicap schemes due to reasonable valuations
Recommend adding equities in a staggered manner through SIP/STP
Our Recommendations
To benefit from Value Vs. Growth divergence - ICICI Prudential Value Discovery Fund
To benefit from Special Situations Theme - ICICI Prudential India Opportunities Fund
To benefit from reasonable valuations - ICICI Prudential Smallcap Fund
To benefit from Volatility - ICICI Prudential Balanced Advantage Fund and ICICI Prudential Asset Allocator Fund
For Long Term Wealth Creation - SIP/STP in ICICI Prudential Multicap Fund and ICICI Prudential Smallcap Fund
Brief on our Debt Outlook
Continue to remain positive on accrual space/spread assets
Recommend combination of short term assets and long term assets with a portfolio maturity range of 2-5 years
Extreme short end (less than 3 months), due to ample liquidity may give lower real returns
Fiscal concerns and inflation in the first half may keep longer end volatile. Hence, use the longer end of the yield curve for trading strategy
Our Recommendations
To earn higher accrual - ICICI Prudential Credit Risk Fund and ICICI Prudential Medium Term Bond Fund
Short/Medium Duration Scheme - ICICI Prudential Banking and PSU Debt Fund and ICICI Prudential Short Term Fund
To benefit from Volatility - ICICI Prudential All Seasons Bond Fund
Short Term Solution - ICICI Prudential Ultra Short Term Fund and ICICI Prudential Floating Interest Fund
Equity Outlook: Long-term view on equity remains positive, however the medium-term view has turned cautious due to valuations moving higher.
Fixed Income: In the current phase, a more nimble and active duration management strategy is recommended
Annual Fixed Income Outlook 2022 | ICICI Prudential Mutual Fundiciciprumf
Shifting Sands, a year of active management - In the Fixed Income space, currently there are lot of dynamic elements at play. With limited scope for rate cuts, we recommend investing in Floating Rate Bonds which may benefit from rising interest rates. We recommend investing in spread assets with an aim to benefit from higher carry.
Market outlook April 2021 - ICICI Prudential Mutual Fundiciciprumf
The resurgence of the pandemic may delay the recovery and growth of the Indian Economy. And with limited room for rate cuts going forward, investors could benefit from active duration management and accrual strategies.
To know more, read our Market Outlook for April 2021.
ICICI Pru MF - Annual Market Outlook 2020iciciprumf
Why Divergence as the theme?
Several polarizing trends have been observed on the Global as well as Domestic front
Divergence is observed in Markets and Economy, Value and Growth theme, Yields on G-Sec and AAA over AA/A, etc
The outlook aims to highlight such divergent trends and ways to navigate the same
Brief on our Equity Outlook
Union Budget, real estate debt de-leveraging and credit growth pick-up key triggers for the markets in 2020
Stark divergence between Value and Growth themes makes Value and Special Situations themes attractive
Asset Allocation schemes may be considered to address near term volatility
Recommend Small and Multicap schemes due to reasonable valuations
Recommend adding equities in a staggered manner through SIP/STP
Our Recommendations
To benefit from Value Vs. Growth divergence - ICICI Prudential Value Discovery Fund
To benefit from Special Situations Theme - ICICI Prudential India Opportunities Fund
To benefit from reasonable valuations - ICICI Prudential Smallcap Fund
To benefit from Volatility - ICICI Prudential Balanced Advantage Fund and ICICI Prudential Asset Allocator Fund
For Long Term Wealth Creation - SIP/STP in ICICI Prudential Multicap Fund and ICICI Prudential Smallcap Fund
Brief on our Debt Outlook
Continue to remain positive on accrual space/spread assets
Recommend combination of short term assets and long term assets with a portfolio maturity range of 2-5 years
Extreme short end (less than 3 months), due to ample liquidity may give lower real returns
Fiscal concerns and inflation in the first half may keep longer end volatile. Hence, use the longer end of the yield curve for trading strategy
Our Recommendations
To earn higher accrual - ICICI Prudential Credit Risk Fund and ICICI Prudential Medium Term Bond Fund
Short/Medium Duration Scheme - ICICI Prudential Banking and PSU Debt Fund and ICICI Prudential Short Term Fund
To benefit from Volatility - ICICI Prudential All Seasons Bond Fund
Short Term Solution - ICICI Prudential Ultra Short Term Fund and ICICI Prudential Floating Interest Fund
Equity Outlook: Long-term view on equity remains positive, however the medium-term view has turned cautious due to valuations moving higher.
Fixed Income: In the current phase, a more nimble and active duration management strategy is recommended
Annual Fixed Income Outlook 2022 | ICICI Prudential Mutual Fundiciciprumf
Shifting Sands, a year of active management - In the Fixed Income space, currently there are lot of dynamic elements at play. With limited scope for rate cuts, we recommend investing in Floating Rate Bonds which may benefit from rising interest rates. We recommend investing in spread assets with an aim to benefit from higher carry.
In the past year, we have experienced the need and importance of a strong Healthcare sector, so if you are looking for a sign to invest in this sector, look no more, because this is it. Invest in a sector that's growing for the greater good and give your portfolio the boost it needs with ICICI Prudential Healthcare ETF.
NFO starts on May 6th, 2021.
For more on this head to https://bit.ly/3ujXO9z
Deloitte India’s Edition IV of India Corporate Fraud Perception Surveyaakash malhotra
Deloitte India has released the India Corporate Fraud Perception Survey, Edition IV to understand the leadership perspective about corporate fraud in the disruptive environment. The survey report has been drawn from the responses of leading CXOs and working professionals to a questionnaire provided to them. The survey highlights fraud schemes, corporate fraud preparedness, fraud risk management framework, and the role of technology in preventing corporate fraud. See More: https://www2.deloitte.com/in/en/pages/finance/articles/in-fa-india-corporate-fraud-perception-survey-edition-IV-noexp.html
Impact of COVID-19 on Indian Economy: 9th September 2020Sam Ghosh
Podcast Link: https://www.buzzsprout.com/1339501/5359456-impact-of-covid-19-on-indian-economy-9th-september-2020.mp3?blob_id=21713947&download=true
Results released by the National Statistical Office shows that the GDP of India contracted by 23.9% at Constant (2011-12) Prices and 22.6% at current prices during the Q1 of FY 2020-21.
Gross Fixed Capital Formation decreased by ~50% from March to June 2020. This is really alarming.
While the figures are alarming, let us keep perspective. The contraction in the economy was not spontaneous but due to a forced shut down of the economy.
While the economic pain is far from over, improvements in IIP and manufacturing PMI figures give us some optimism. Q1 Industrial Outlook Survey shows mixed expectations for Q2 but a positive overall business sentiment
We need to keep in mind that while some sectors may pick up growth spontaneously after the lockdowns are completely lifted, other sectors may need considerable policy hand-holding.
Medium and small size companies need special attention as they may struggle to get the policy benefits as reflected by drastically different credit uptake by companies of different sizes.
We can be cautiously optimistic that the economy improves rapidly in the coming quarters but the fear of a fresh wave of infection still looms.
Impact of COVID 19 on different sectors of the Indian economy Tanmay Trivedi
COVID 19 has impacted almost every aspect of our lives. In this presentation, I try to take a look at some of the sectors that have been deeply impacted by the pandemic.
Understanding Covid-19 from charts and its impact on Stock MarketCovidliveInfo
Understanding Covid-19 from charts and its impact on the Stock Market
The Presentation Covers
* Overview on Stock Markets
* Understanding spread of Covid-19 in India from various charts
* Factor affected Stock Markets post Covid-19
* Comparison of USA and Indian markets post-Covid-19
* Sectors impacted sure to Covid-19
For more details Visit - https://covidlive.info/covid-19-india-blog/summary-on-impact-of-covid-19-on-stock-markets/4520
Karnataka 2026 - A USD 500 Billion Vision - 3one4 Capital3one4 Capital
PM Modi has announced a bold target for India to reach USD 5 Tn in GDP by 2025, now 2026. India is currently USD 2.93 Tn* in FY’20. So India needs to grow at ~11%(N) CAGR over 5 years.
Can Karnataka grow to USD 500 Bn by 2026 and contribute more aggressively towards this target? Karnataka is currently at USD 243 Bn* in FY’20, 8% of India’s GDP.
This report by Mohandas Pai and Nisha Holla presents a survey of Karnataka’s economy, a study of best-in-class models to emulate, and the next steps for accelerated growth towards this target.
• India‟s macroeconomic scenario remains positive
• There is a huge spread between policy rates of India and Global Central Banks
• There is low FPI ownership of debt compared to other countries
• Inflation expected to moderate significantly in the current environment
• Fiscal Deficit not a concern in the absence of private credit demand (No crowding-out effect)
Getting Maharashtra to USD 1 Trillion - 3one4 Capital [Dec 2019]3one4 Capital
By Mohandas Pai and Nisha Holla
Prime Minister Modi has given India and its citizens a lofty goal of maturing into a USD 5 trillion by 2025. Every growing country needs an ambitious goal, so everyone is aligned and focused on reaching it. To reap this vision, we must first take stock. In FY 2018-19, India's nominal GDP is estimated to be INR 190 lakh crores or USD 2.7 trillion (at INR 70 = 1 USD).
If India grows at a CAGR of 11% for the next six years starting at USD 2.7 trillion - in constant currency of INR 70 = 1 USD, - the USD 5 trillion goal is well within reach. Putting aside considerations like the depreciation of INR, the critical issue is, can we reach this goal of 11% growth over the next six years?
In a time when the role of the Centre is increasingly limited, and state spending is growing, Maharashtra is demonstrating how states must lead. Maharashtra's estimated GDP in 2018-19 is USD 380 billion or INR 26.6 lakh crore. Of India's total USD 2.7 trillion, Maharashtra's contribution to the national GDP is 14%. Going by the goal to hit USD 1 trillion when India aims for USD 5 trillion means Maharashtra aims to contribute 20% of the national GDP in 2024-25. This means Maharashtra has to accelerate higher than India to hit its target. The state's 3-year nominal CAGR is estimated at 12%, which needs to increase to at least 17.5% to get to USD 1 trillion.
In this report, the authors have identified some economic models to accelerate Maharashtra's growth rate to the required 17.5%. With careful planning and investment, the state can certainly reach its goal. Maharashtra is undoubtedly leading the charge here; the authors look forward to more states taking a leaf out of its book to set bold visions and then carefully executing them. When more states reach their economic potential, India can accelerate and take its place as a Top 3 economy.
Impact of COVID-19 on Indian Economy: 28th November 2020Sam Ghosh
Indian economy entered a technical recession with two consecutive quarters of GDP contraction in Q2 of FY 2020-21. Results released by the National Statistical Office shows that the GDP of India during the H1 of FY 2020-21 contracted by 15.7% at Constant (2011-12) Prices and 13.3% at Current Prices. While quarterly GDP in Q2 FY 2020-21 in rupee terms improved from Q1 FY 2020-21 by 23% at Constant Prices and 24% at Current Prices, it is still 7.5% and 4% lower than Q2 of FY 2019-20 at Constant and Current Prices respectively. The contraction was caused by a drastic drop in private consumption (which contributes around 60% of Indian GDP) and a drop in gross fixed capital formation.
The policy repo rate has been reduced by 115 basis points from the beginning of 2020 to record low levels. Apart from that, RBI is injecting liquidity through various Open Market Operations and Long Term Repo Operations. Currency with the public increased by ~20% from the end of 2019 to the end of October 2020. We can safely say that the Indian economy is flushed with liquidity.
Consumer inflation remains above the policy range of 4%+2%, and with a GDP contraction, the Indian economy is dealing with stagflation.
On the fiscal front, total monthly receipts remained lower than the same period last year for the whole Q1 and Q2 (April - September) FY 2020-21. October receipts show signs of improvement. Fiscal expenditure on the other hand was maintained at the same levels of FY 2019-20 in FY 2020-21 till October. The fiscal deficit stood at 119.7% of the Budget Estimates as of October 2020 due to lower receipts.
Credit growth remains sluggish especially due to lower credit uptake by the industry. Credit demand for smaller companies was low from the beginning of fiscal 2020-21 which improved after August. Credit uptake by the large corporates dropped after July 2020.
Household savings increased dramatically from Rs.5.32 lakh crores in Q4 of FY 2019-20 to Rs. 8.16 lakh crores in Q1 of FY 2020-21 - a more than 50% increase. Most of the increase in household savings resulted from an aversion to liabilities. It signifies that the households turned conservative about their finances to deal with impending financial distress.
The unemployment rate shot-up in April and May 2020 above 20% and moderated to below 10% levels after June 2020. Employees' Provident Fund records show healthy job creation in September 2020.......
KPMG Report 2020- 'A year off script: Time for resilience'Social Samosa
KPMG Report 2020- 'A year off script: Time for resilience', highlights the performance of the M & E industry in India during the ongoing pandemic & its future.
Triggers to watch out for:
1. Breaking down GDP Numbers
2. Equity Valuations Update
3. Why ICICI Prudential Accrual Funds
4. Investment Philosophy
Have a detailed insight into a monthly equity and fixed income market outlook.
Read the full document to know more.
Analysis of Covid19 impact on Sectors of Indian Stock MarketAaron Andrade
The outbreak of COVID19 which is said to be a respiratory disease has bought social and economic life to a standstill position with no advance treatment or vaccine available. The project aims to inform about the impact of covid19 on the Indian economy. It aims on providing impact of covid19 on three different sectors i.e Banking, FMCG and Pharmaceutical. I have used secondary data to analyse the influence of covid19 on the change in the stock price of the company. The companies used in the paper are HDFC bank and ICICI bank from the banking sector, Britannia, and Godrej consumer products from the FMCG sector , Dr.Reddys laboratories and Sun Pharma from the Pharmaceutical sector.
Indian equity benchmarks recorded
splendid performance in September 2019 and clocked their
biggest single-day jump in 10 years on September 20, 2019,
following the announcement of corporate tax cut and other
measures by the government to boost the economy.
Benchmark S&P BSE Sensex and Nifty 50 ended the month with nearly 4% gains.
Read the full document to know more.
OBJECTIVE
The Corona virus pandemic is posing a severe health and humanitarian crisis across the globe. It has also brought an unexpected economic shock to the global economy and initiated a crisis which would burden nations for years to come. In this Webinar, we shall look at various policy measures being taken in response to the crisis at the national and international levels. The webinar will also highlight possible fiscal measures that can be adopted to respond to the economic crisis caused by COVID-19.
"Sell in May and go away‟ this old Wall Street adage has once again proved correct for most of the Global Markets which have witnessed a correction in the month of May. However, Indian markets took no cue from the above saying and continued to chug along through the month ending in a positive territory
( 1.7%).
Read the full document to know more.
Triggers to watch out for -
General Election Outcome
Budget to be presented post elections
Re-balancing of MSCI Indices
Monsoon
Crude price volatility
FII flows trend
Rich Market Valuations
A detailed insight into a monthly equity and fixed income market outlook.
Read the full document to know more.
In the past year, we have experienced the need and importance of a strong Healthcare sector, so if you are looking for a sign to invest in this sector, look no more, because this is it. Invest in a sector that's growing for the greater good and give your portfolio the boost it needs with ICICI Prudential Healthcare ETF.
NFO starts on May 6th, 2021.
For more on this head to https://bit.ly/3ujXO9z
Deloitte India’s Edition IV of India Corporate Fraud Perception Surveyaakash malhotra
Deloitte India has released the India Corporate Fraud Perception Survey, Edition IV to understand the leadership perspective about corporate fraud in the disruptive environment. The survey report has been drawn from the responses of leading CXOs and working professionals to a questionnaire provided to them. The survey highlights fraud schemes, corporate fraud preparedness, fraud risk management framework, and the role of technology in preventing corporate fraud. See More: https://www2.deloitte.com/in/en/pages/finance/articles/in-fa-india-corporate-fraud-perception-survey-edition-IV-noexp.html
Impact of COVID-19 on Indian Economy: 9th September 2020Sam Ghosh
Podcast Link: https://www.buzzsprout.com/1339501/5359456-impact-of-covid-19-on-indian-economy-9th-september-2020.mp3?blob_id=21713947&download=true
Results released by the National Statistical Office shows that the GDP of India contracted by 23.9% at Constant (2011-12) Prices and 22.6% at current prices during the Q1 of FY 2020-21.
Gross Fixed Capital Formation decreased by ~50% from March to June 2020. This is really alarming.
While the figures are alarming, let us keep perspective. The contraction in the economy was not spontaneous but due to a forced shut down of the economy.
While the economic pain is far from over, improvements in IIP and manufacturing PMI figures give us some optimism. Q1 Industrial Outlook Survey shows mixed expectations for Q2 but a positive overall business sentiment
We need to keep in mind that while some sectors may pick up growth spontaneously after the lockdowns are completely lifted, other sectors may need considerable policy hand-holding.
Medium and small size companies need special attention as they may struggle to get the policy benefits as reflected by drastically different credit uptake by companies of different sizes.
We can be cautiously optimistic that the economy improves rapidly in the coming quarters but the fear of a fresh wave of infection still looms.
Impact of COVID 19 on different sectors of the Indian economy Tanmay Trivedi
COVID 19 has impacted almost every aspect of our lives. In this presentation, I try to take a look at some of the sectors that have been deeply impacted by the pandemic.
Understanding Covid-19 from charts and its impact on Stock MarketCovidliveInfo
Understanding Covid-19 from charts and its impact on the Stock Market
The Presentation Covers
* Overview on Stock Markets
* Understanding spread of Covid-19 in India from various charts
* Factor affected Stock Markets post Covid-19
* Comparison of USA and Indian markets post-Covid-19
* Sectors impacted sure to Covid-19
For more details Visit - https://covidlive.info/covid-19-india-blog/summary-on-impact-of-covid-19-on-stock-markets/4520
Karnataka 2026 - A USD 500 Billion Vision - 3one4 Capital3one4 Capital
PM Modi has announced a bold target for India to reach USD 5 Tn in GDP by 2025, now 2026. India is currently USD 2.93 Tn* in FY’20. So India needs to grow at ~11%(N) CAGR over 5 years.
Can Karnataka grow to USD 500 Bn by 2026 and contribute more aggressively towards this target? Karnataka is currently at USD 243 Bn* in FY’20, 8% of India’s GDP.
This report by Mohandas Pai and Nisha Holla presents a survey of Karnataka’s economy, a study of best-in-class models to emulate, and the next steps for accelerated growth towards this target.
• India‟s macroeconomic scenario remains positive
• There is a huge spread between policy rates of India and Global Central Banks
• There is low FPI ownership of debt compared to other countries
• Inflation expected to moderate significantly in the current environment
• Fiscal Deficit not a concern in the absence of private credit demand (No crowding-out effect)
Getting Maharashtra to USD 1 Trillion - 3one4 Capital [Dec 2019]3one4 Capital
By Mohandas Pai and Nisha Holla
Prime Minister Modi has given India and its citizens a lofty goal of maturing into a USD 5 trillion by 2025. Every growing country needs an ambitious goal, so everyone is aligned and focused on reaching it. To reap this vision, we must first take stock. In FY 2018-19, India's nominal GDP is estimated to be INR 190 lakh crores or USD 2.7 trillion (at INR 70 = 1 USD).
If India grows at a CAGR of 11% for the next six years starting at USD 2.7 trillion - in constant currency of INR 70 = 1 USD, - the USD 5 trillion goal is well within reach. Putting aside considerations like the depreciation of INR, the critical issue is, can we reach this goal of 11% growth over the next six years?
In a time when the role of the Centre is increasingly limited, and state spending is growing, Maharashtra is demonstrating how states must lead. Maharashtra's estimated GDP in 2018-19 is USD 380 billion or INR 26.6 lakh crore. Of India's total USD 2.7 trillion, Maharashtra's contribution to the national GDP is 14%. Going by the goal to hit USD 1 trillion when India aims for USD 5 trillion means Maharashtra aims to contribute 20% of the national GDP in 2024-25. This means Maharashtra has to accelerate higher than India to hit its target. The state's 3-year nominal CAGR is estimated at 12%, which needs to increase to at least 17.5% to get to USD 1 trillion.
In this report, the authors have identified some economic models to accelerate Maharashtra's growth rate to the required 17.5%. With careful planning and investment, the state can certainly reach its goal. Maharashtra is undoubtedly leading the charge here; the authors look forward to more states taking a leaf out of its book to set bold visions and then carefully executing them. When more states reach their economic potential, India can accelerate and take its place as a Top 3 economy.
Impact of COVID-19 on Indian Economy: 28th November 2020Sam Ghosh
Indian economy entered a technical recession with two consecutive quarters of GDP contraction in Q2 of FY 2020-21. Results released by the National Statistical Office shows that the GDP of India during the H1 of FY 2020-21 contracted by 15.7% at Constant (2011-12) Prices and 13.3% at Current Prices. While quarterly GDP in Q2 FY 2020-21 in rupee terms improved from Q1 FY 2020-21 by 23% at Constant Prices and 24% at Current Prices, it is still 7.5% and 4% lower than Q2 of FY 2019-20 at Constant and Current Prices respectively. The contraction was caused by a drastic drop in private consumption (which contributes around 60% of Indian GDP) and a drop in gross fixed capital formation.
The policy repo rate has been reduced by 115 basis points from the beginning of 2020 to record low levels. Apart from that, RBI is injecting liquidity through various Open Market Operations and Long Term Repo Operations. Currency with the public increased by ~20% from the end of 2019 to the end of October 2020. We can safely say that the Indian economy is flushed with liquidity.
Consumer inflation remains above the policy range of 4%+2%, and with a GDP contraction, the Indian economy is dealing with stagflation.
On the fiscal front, total monthly receipts remained lower than the same period last year for the whole Q1 and Q2 (April - September) FY 2020-21. October receipts show signs of improvement. Fiscal expenditure on the other hand was maintained at the same levels of FY 2019-20 in FY 2020-21 till October. The fiscal deficit stood at 119.7% of the Budget Estimates as of October 2020 due to lower receipts.
Credit growth remains sluggish especially due to lower credit uptake by the industry. Credit demand for smaller companies was low from the beginning of fiscal 2020-21 which improved after August. Credit uptake by the large corporates dropped after July 2020.
Household savings increased dramatically from Rs.5.32 lakh crores in Q4 of FY 2019-20 to Rs. 8.16 lakh crores in Q1 of FY 2020-21 - a more than 50% increase. Most of the increase in household savings resulted from an aversion to liabilities. It signifies that the households turned conservative about their finances to deal with impending financial distress.
The unemployment rate shot-up in April and May 2020 above 20% and moderated to below 10% levels after June 2020. Employees' Provident Fund records show healthy job creation in September 2020.......
KPMG Report 2020- 'A year off script: Time for resilience'Social Samosa
KPMG Report 2020- 'A year off script: Time for resilience', highlights the performance of the M & E industry in India during the ongoing pandemic & its future.
Triggers to watch out for:
1. Breaking down GDP Numbers
2. Equity Valuations Update
3. Why ICICI Prudential Accrual Funds
4. Investment Philosophy
Have a detailed insight into a monthly equity and fixed income market outlook.
Read the full document to know more.
Analysis of Covid19 impact on Sectors of Indian Stock MarketAaron Andrade
The outbreak of COVID19 which is said to be a respiratory disease has bought social and economic life to a standstill position with no advance treatment or vaccine available. The project aims to inform about the impact of covid19 on the Indian economy. It aims on providing impact of covid19 on three different sectors i.e Banking, FMCG and Pharmaceutical. I have used secondary data to analyse the influence of covid19 on the change in the stock price of the company. The companies used in the paper are HDFC bank and ICICI bank from the banking sector, Britannia, and Godrej consumer products from the FMCG sector , Dr.Reddys laboratories and Sun Pharma from the Pharmaceutical sector.
Indian equity benchmarks recorded
splendid performance in September 2019 and clocked their
biggest single-day jump in 10 years on September 20, 2019,
following the announcement of corporate tax cut and other
measures by the government to boost the economy.
Benchmark S&P BSE Sensex and Nifty 50 ended the month with nearly 4% gains.
Read the full document to know more.
OBJECTIVE
The Corona virus pandemic is posing a severe health and humanitarian crisis across the globe. It has also brought an unexpected economic shock to the global economy and initiated a crisis which would burden nations for years to come. In this Webinar, we shall look at various policy measures being taken in response to the crisis at the national and international levels. The webinar will also highlight possible fiscal measures that can be adopted to respond to the economic crisis caused by COVID-19.
"Sell in May and go away‟ this old Wall Street adage has once again proved correct for most of the Global Markets which have witnessed a correction in the month of May. However, Indian markets took no cue from the above saying and continued to chug along through the month ending in a positive territory
( 1.7%).
Read the full document to know more.
Triggers to watch out for -
General Election Outcome
Budget to be presented post elections
Re-balancing of MSCI Indices
Monsoon
Crude price volatility
FII flows trend
Rich Market Valuations
A detailed insight into a monthly equity and fixed income market outlook.
Read the full document to know more.
Aim to make the most of the potential of smaller companies by investing in their beginnings with ICICI Prudential Smallcap Index Fund. More information at https://bit.ly/3B6BmmK
Explore the nasdaq 100 fund of fund. NASDAQ-100 Index comprises
of companies with overseas
business & generates the bulk
of their revenue from different
countries. Investors can avail the benefits of
diversification and
reducing concentrated
geographical risk.
Does your portfolio have a blend of reasonable stability and potential growth?
Just as how a Sturdy Suspension and Powerful Engine together contribute to a smoother car ride, investing in a combination of Large and Mid cap stocks can offer the best of both worlds – Reasonable Stability + Potential Growth.
Know more: https://bit.ly/3UuS9x8
#ICICIPrudentialMutualFund #LargeCapFund #MidCapFund #MutualFunds #Investment
The rising sun of 2024 brings new hope for global markets! This sun shines a little brighter on the Indian economy as it gets off the tag of a 'fragile economy' to emerge as a robust one. The world economy is headed towards a 'Paradigm Shift' with India leading the way.
Explore this shift further with our Annual Outlook Report 2024!
#ICICIPrudentialMutualFund #AnnualOutlook #ETF
Equity Valuations Perspective | January 2024iciciprumf
Navigate Equity Markets better through our VCTS (Valuations, Cycle, Triggers and Sentiments) framework. The document below highlights the impact of various dynamic variables on the equity market across time periods. Read on to know more!”
#ICICIPrudentialMutualFund #Equity #Investments #MutualFunds
Stepping into 2024 with resilience and foresight!
New year has begun with a Paradigm Shift in trends of global and domestic macros.
While the global economies remain fragile, the Indian economy emerges as robust, defying the label of a fragile economy.
Explore the 2024 Outlook for insights on this Paradigm Shift!
#ICICIPrudentialMutualFund #MutualFunds #Investments #NewYear #2024
While there is some decline in China, there are positive market situations for India. What does that mean for an investor like you? See in December's Monthly Market Outlook here.
#ICICIPrudentialMutualFund #Investment #December2023 #MonthlyMarketOutlook #MutualFunds
Amidst global tensions, the global economies might be taking the strain but Indian economy continues the Goldilocks streak. Take a holistic view at what that might mean for you as an investor with the Monthly Market Outlook.
#ICICIPrudentialMutualFund #MonthlyMarketOutlook
ICICI Prudential Equity Valuation Index | Nov 2023 iciciprumf
Our latest Equity Valuation Index remains in the Neutral Index even after market corrections. But how do you smartly navigate through the market's volatility? Allocating your funds across different classes may help you. Have a look to understand better!
#ICICIPrudentialMutuaFund #Equity #EquityValuationIndex #Market #Investments
How can we prepare for the mood of the market? Use micro indicators for a comprehensive look at the market in this month's Market Outlook!
#ICICIPrudentialMutualFund #MonthlyMarketOutlook #October #Investment #MutualFunds
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the what'sapp number.
+12349014282
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfcoingabbar
Introducing BONKMILLON - The Most Bonkers Meme Coin Yet
Let's be real for a second – the world of meme coins can feel like a bit of a circus at times. Every other day, there's a new token promising to take you "to the moon" or offering some groundbreaking utility that'll change the game forever. But how many of them actually deliver on that hype?
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the what's app number of my personal pi vendor to trade with.
+12349014282
2. Expectation vs Reality
The above is only for illustrative purposes.
INVESTORS USUALLY SIMPLIFY THE CONCEPT OF RETURNS IN THEIR HEADS AND
FAIL TO ADJUST FOR THE UNCERTAINTY ASSOCIATED WITH IT
2
3. Market Parameter: Volatility
VOLATILITY MEASURES THE EXTENT OF UPWARD OR DOWNWARD FLUCTUATIONS
EXPERIENCED BY THE MARKET/STOCK.
The above is only for illustrative purposes.
Higher
Fluctuations
Higher
Uncertainty
Higher
Risk
Lower
Fluctuations
Lower
Uncertainty
Lower
Risk
More volatile stocks tends to fall more in a bear market.
Hence, Volatility is an important consideration while making investment decisions.
HIGH VOLATILITY = LOWER STABILITY LOW VOLATILITY = HIGHER STABILITY
3
4. Factors Impacting Volatility
WHILE ENDOGENOUS AS WELL EXOGENOUS FACTORS, BOTH CAUSE VOLATILITY, EXOGENOUS
SHOCKS ARE BEYOND OUR CONTROL AND HENCE, CAN TRIGGER EXTREME UNCERTAINTIES.
The above is only for illustrative purposes. The above list is not exhaustive.
ENDOGENOUS SHOCK EXOGENOUS SHOCK
Eg.: The Great Recession of 2008, Demonetization in India in 2016,etc. Eg.: COVID-19, SARS, natural disasters like earthquake, oil price war, etc.
When a financial crisis/recession is caused due to factors
intrinsic to an economy - Like Economic or financial
imbalances it is called an Endogenous Shock
When a financial crisis/recession is caused due to factors
that originate outside the ambit of any country;s economic
or financial factors, it is called an Exogenous Shock
4
5. Rear-View Mirror: Volatility Through 2020 (Equity)
MARKET MOVEMENT IN 2020 SHOWED WHAT UNCERTAINTY CAN DO …
Source: KPMG, www.indiabudget.gov.in, Ministry of Finance, NSO, www.pmindia.gov.in, CNN, NSE, BSE NSDL. Data as of Dec 18, 2020. COVIDE-19 Coronavirus Disease 2019, US – United States,
GDP – Gross Domestic Product, FM – Finance Minister, PM – Prime Minister, PLI – Production Linked Incentive, FPI – Foreign Portfolio Investors. Past performance may or may not sustain in future
20000
19000
18000
17000
16000
15000
14000
13000
12000
11000
10000
Jan-20
Feb-20
Mar-20
Apr-20
May-20
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
Dec-20
NIFTY
50
TRI
LEVELS
India FM presents
Union Budget FY21
India FM announces
INR 1.7Tn. relief package
India FM
announces INR 1.7Tn.
relief package
US announces
$2Tn.fiscal stimulus
Unlock 1.0
initiated in India
India PM declares COVID”
relief package of INR 20Tn.
India COVID
curve flattens
India FM announces 3rd
stimulus package
Indian Markets witness
large FPI flows
Govt. extends
PLI scheme
India-China Border
tensions rise
Pfizer & Moderna announce
COVID vaccine candidates
India Q1FY21 GDP
slumps to -23.9%
New US
president elected
5
6. Our ‘VCTS’ framework is currently indicating that market Valuations are high. Business Cycle has begun to recover.
Future market Triggers would be the mass availability of COVID-19 vaccine, pace of earnings recovery & growth sustainability,
US Fed’s policy stance. Sentiments in terms of flows look optimistic due to record FPI flows in last 4 months.
Trailing P/E Nifty 50 : 39.65
Trailing P/B Nifty 50 : 4.12
Capacity Utilisation: 63.3% (Q2FY21)
Credit Growth
(YoY as of Feb 12, 2021) : 6.6%
Net FPI Flows : 2,01,57
(12 Months trailing in Rs. Cr)
Availability Of COVID-19 Vaccine,
Pace Of Earnings Recovery,
Growth Sustainability
& US Fed’s Policy Stance.
Valuations Perspective
Feb 2021 –Current Valuations. All data is as of February 28, 2021 unless stated otherwise. Source: NSE, BSE India, NSDL, Reserve Bank of India, Edelweiss Securities, Kotak Securities, Axis Direct; P/E: Price to Earnings Ratio; P/B: Price to
Book Ratio; CAGR: Compound Annualised Growth Rate; YoY: Year on Year; FPI: Foreign Portfolio Investors; GDP: Gross Domestic Product, Returns mentioned are in CAGR terms. Past performance may or may not sustain in future. 6
7. WE PRESENT:
For an aim to limit
the impact of
market volatility
For assistance to
face challenges
against exogenous
events
For investors aiming to
gain exposure to the least
volatile large cap
companies
For creating a
hedge against
endogenous factors
ICICI
PRUDENTIAL
NIFTY LOW VOL
30 ETF FOF
7
Prepare for the Uncertainty
8. More about the Investment Approach
ICICI PRUDENTIAL
NIFTY LOW VOL 30 ETF FOF
ICICI PRUDENTIAL
NIFTY LOW VOL 30 ETF
NIFTY 100
LOW VOLATILTY 30 INDEX
INVESTS IN INVESTS AS 30 LOW VOL COS.
THE FOF THE UNDERLYING ETF THE UNDERLYING INDEX
An Open-ended Fund Of Funds
Scheme That Invests In Units
Of ICICI Prudential Nifty Low
Vol 30 ETF
Factor-based Smart Beta ETF
That Replicates The Nifty 100
Low Volatility 30 Index
The Index Identifies 30 Low
Volatile Bluechip Stocks From
Nifty 100 Index
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9. About Nifty 100 Low Volatility 30 Index
Objective –
Aims to capture performance of the 30 least volatile stocks in the NIFTY 100 index.
Eligible Universe –
Stocks forming part of NIFTY 100 index
Stock selection criteria –
Stocks are ranked based on their volatility score. Top 30 ranked stocks with least volatility form part of the index.
Stock weighting mechanism –
The least volatile stocks receive the highest weights.
Cap on exposure to illiquid stocks –
Weights of stocks with low liquidity *are capped at 3%.
Index review and rebalancing – Quarterly basis
Note: Volatility is measured as standard deviation of stock returns over a one year period.
*Stocks having 6 month average turn over less than the stock with the lowest 6 month average turnover in NIFTY 50 Index
9
Source : www.niftyindices.com
10. *Weight = [(1/ Volatility)/ sum (1/ Volatility)]. Volatility is Average Daily Std. Deviation annualized. The above table is for illustration purpose only. Actual results may
vary as per the index construction methodology devised by the index provider.
Nifty 100 Low Volatility 30 Index
Least volatile stocks receive highest weightage
“HIGHER THE VOLATILITY, RISKIER THE SECURITY, LOWER THE WEIGHTAGE”
LESS VOLATILE STOCK GETS
HIGHER WEIGHTAGE
HIGH VOLATILE STOCK GETS
LOWER WEIGHTAGE
ILLUSTRATION
SECURITY VOLATILITY (RISK) WEIGHT*
A 10.2 4.2%
B 13.4 3.2%
C 16.0 2.7%
D 19.8 2.2%
E 22.0 1.9%
. . .
. . .
. . .
10
11. 50.00
250.00
450.00
650.00
850.00
1,050.00
1,250.00
1,450.00
Nifty 100 Low Volatility 30 TRI Nifty 100 TRI Nifty 50 TRI
Returns are as on February 28, 2021. Returns are in CAGR terms. Data source: MFI Explorer. Figures in the chart are rebased to 100. Past performance may or may not be sustained in the future. Index Launch Date: July
08, 2016. Index Base Date: April 01, 2005. The performance of the indices is the Total Return variant of the Index. The performance of the index shown does not in any manner indicate the performance of the Scheme.
11
Performance over last 15 years
• Indian markets have witnessed volatility due to domestic and global factors over the years. e.g. Pandemic in 2020
• The Nifty 100 Low Vol 30 Index has handled the volatility better than most indices. Below is a chart depicting the same:
v
v
v
Performance during Volatile Markets
12. Above index constituents and statistics are as on February 28, 2021. Data source: www.nseindia.com.*Average daily standard deviation annualized. The performance of the index shown does not
in any manner indicate the performance of the Scheme. The sector(s)/stock(s) mentioned in this document do not constitute any recommendation of the same and ICICI Prudential Mutual Fund
may or may not have any future positions in the sector(s)/stock(s). The asset allocation and investment strategy will be as per Scheme Information Document.
Nifty 100 Low Volatility 30 Index
Index Constituents and Statistics
3.7
4.1
5.9
6.2
6.5
6.7
6.8
7.6
9.9
16.4
COMPUTERS - SOFTWARE
PERSONAL CARE
CEMENT
MOTOR CYCLES/SCOOTERS
REFINERIES/MARKETING
CONSUMER FOOD
PHARMACEUTICALS
BANKS
POWER - TRANSMISSION
POWER
TOP 10 SECTORS
Top 10 securities by weight Weightage (%)
Power grid corporation of india 4.1
Dabur india 4.0
Ultratech cement 4.0
Indian oil corporation 3.9
Bajaj auto 3.8
NTPC 3.7
ACC 3.7
Pidilite industries 3.6
Wipro 3.5
Tata consultancy services 3.5
Name of the index Price to Earnings Price to Book Dividend Yield (%) Volatility (%) (1 year Std. Deviation*)
Nifty 100 Low Volatility 30 Index 24.45 4.17 1.89 25.70
Nifty 100 Index 39.49 4.17 1.08 30.76
Nifty 50 Index 39.65 4.12 1.09 31.71
12
13. Data Source: MFI explorer. Data as on February 28, 2021. Past performance may or may not be sustained in the future. Index Launch Date: July 08, 2016. Index Base Date: Apr 01, 2005. Risk
Adjusted Returns = Returns (CAGR %)/ Annualised Std. Deviation of daily returns. The performance of the index shown does not in any manner indicate the performance of the Scheme.
Nifty 100 Low Volatility 30 Index
Higher Risk Adjusted Returns
Risk Adjusted Returns means Return per unit of Risk.
Nifty 100 Low Volatility 30 Index has given better Returns after adjusting for Risk.
13
PERIOD
RISK ADJUSTED RETURNS
NIFTY100 LOW
VOLATILITY
30 INDEX
NIFTY 100 INDEX NIFTY 50 INDEX
1 year 1.13 0.84 0.82
3 years 0.70 0.55 0.58
5 years 1.08 0.95 0.94
14. Data Source: MFI explorer. Data as on February 28, 2021. Past performance may or may not be sustained in the future. Index Launch Date: July 08, 2016. Index Base Date: Apr 01, 2005.
The performance of the index shown does not in any manner indicate the performance of the Scheme.
Performance over the years
We believe lower risk need not necessarily mean lower returns
CALENDAR YEAR CAGR
SECURITY NIFTY 100 LOW
VOLATILITY 30
TRI
NIFTY 100 TRI NIFTY 50 TRI
2020 23.8% 16.0% 16.0%
2019 5.4% 11.4% 13.0%
2018 7.4% 2.6% 4.6%
2017 30.3% 32.9% 30.3%
2016 3.1% 5.0% 4.4%
2015 9.8% -1.3% -3.0%
2014 36.8% 34.9% 32.9%
2013 6.6% 7.9% 8.1%
2012 32.1% 32.5% 29.4%
2011 -12.0% -24.9% -23.8%
2010 25.5% 19.3% 19.2%
2009 92.9% 84.9% 77.6%
2008 -42.3% -53.1% -51.3%
14
RETURNS (CAGR %)
Period
Nifty100 Low
Volatility 30
Index
Nifty 100
Index
Nifty 50
Index
1 year 29.05
25.75 25.83
3 years 12.41
11.58 12.54
5 years 16.43
17.05 17.12
7 Years 16.36
14.78 14.23
10 Years 14.88
12.35 11.97
NIFTY 100 LOW VOLATILITY 30 TRI
OUTPERFORMED NIFTY 100 AND NIFTY 50
INDEX 8 TIMES IN THE LAST 13 CYs
15. Why invest in ICICI Prudential Nifty Low Vol 30 ETF FOF?
To invest in a factor-based smart beta ETF that limits downside risk
To invest in equity with an aim to limit the impact of market volatility on their investment.
To create wealth over the long term.
To invest in large cap and low volatility bluechip companies of different sectors.
Allows people without a Demat account to invest in an ETF through lumpsum or SIP
.
15
16. About the FOF
CHARACTERISTICS ICICI PRUDENTIAL NIFTY LOW VOL 30 ETF FOF
Investment Objective Aim to generate returns by investing in units of ICICI Prudential Nifty Low Vol 30
ETF
Investment Style Active
Taxation Equity
Asset Allocation 95% to 100% in units of ICICI Prudential Nifty Low Vol 30 ETF
0% to 5% in Reverse Repo, Tri-Party Repo*, Units of Debt Mutual Funds and ETFs
Demat Account Not Required
Trades At Closing NAV
Transparency of Holdings Monthly
16
*or similar instruments as may be permitted by RBI/ SEBI, subject to requisite approvals from SEBI / RBI, if needed.
17. About the FOF
NFO Period March 23, 2021 to April 6, 2021
Plans / Options Plans: ICICI Prudential Nifty Low Vol 30 ETF FOF – Regular Plan - Growth & Dividend ICICI Prudential Nifty Low Vol 30 ETF FOF – Direct Plan- Growth & Dividend
Exit Load
If units purchased or switched in from another scheme of the Fund are redeemed or switched out:
· upto 10% of the units (the limit) purchased or switched within 1 year from the date of allotment – Nil
· in excess of the limit within 1 Year from the date of allotment - 1% of the applicable NAV
· after 1 Year from the date of allotment – Nil
Minimum Application Amount
DURING NEW FUND OFFER PERIOD / DURING ONGOING OFFER PERIOD:
Rs. 1,000/- (plus in multiple of Re. 1)
Minimum application amount is applicable for switches made during the New Fund Offer period as well.
Minimum additional application
amount
Rs. 500/- and in multiples of Re. 1/-
SIP amount
DURING NEW FUND OFFER PERIOD / DURING ONGOING OFFER PERIOD:
Daily, Weekly, Fortnightly, Monthly SIP$: Rs. 100/- (plus in multiple of Re. 1/-) Minimum installments: 6
Quarterly SIP$: Rs. 5,000/- (plus in multiple of Re. 1/-) Minimum installments – 4
$The applicability of the minimum amount of installment mentioned is at the time of registration only.
Benchmark Nifty 100 Low Volatility 30 TRI.
Listing The Units of the Scheme will not be listed on any stock exchange.
Fund Manager Kayzad Eghlim & Nishit Patel
MICR Cheques, Electronic
Payments and RTGS MICR cheques, Electronic Payments and Real Time Gross Settlement (RTGS) request will be accepted till the end of business hours up to April 6, 2021
Switch-in
Switch-in requests from equity and other schemes will be accepted up to April 6, 2021 till the cut-off time applicable for switches.
Switch-in request from ICICI Prudential US Bluechip Equity Fund, ICICI Prudential Global Advantage Fund (FOF) and ICICI Prudential Global Stable Equity Fund
(FOF) will not be accepted.
17
18. Riskometer
ICICI Prudential Nifty Low Vol 30 ETF FOF is suitable for investors who are seeking:*
Investors
understand
that their
principal will be
at Very High
risk
Long term wealth creation
An Open-ended Fund of Funds scheme with the primary objective to generate returns by investing in units
of ICICI Prudential Nifty Low Vol 30 ETF
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Please note that the Risk-o-meter(s) specified above will be evaluated and updated on a monthly basis as per
SEBI circular dated October 05, 2020 on Product Labeling in Mutual Fund schemes - Risk-o-meter. Please
refer to https://www.icicipruamc.com/news-and-updates/all-news for more details."
18
Investors may please note that they will be bearing the recurring expenses of the relevant Fund of Funds Scheme in
addition to the expenses of the underlying schemes in which the Fund of Funds Scheme makes investment.
19. Disclaimers
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Disclaimer: All figures and data given in the document are dated unless stated otherwise. In the preparation of the material contained in this document, the AMC
has used information that is publicly available, including information developed in-house. Some of the material used in the document may have been obtained from
members/persons other than the AMC and/or its affiliates and which may have been made available to the AMC and/or to its affiliates. Information gathered and
material used in this document is believed to be from reliable sources. The AMC however does not warrant the accuracy, reasonableness and / or completeness of
any information. We have included statements / opinions / recommendations in this document, which contain words, or phrases such as “will”, “expect”,
“should”, “believe” and similar expressions or variations of such expressions, that are “forward looking statements”. Actual results may differ materially
from those suggested by the forward looking statements due to risk or uncertainties associated with our expectations with respect to, but not limited to, exposure
to market risks, general economic and political conditions in India and other countries globally, which have an impact on our services and / or invest-
ments, the monetary and interest policies of India, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or
other rates or prices etc.
The AMC (including its affiliates), the Mutual Fund, the trust and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any
nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of
this material in any manner. The recipient alone shall be fully responsible/are liable for any decision taken on this material. Investors are advised to consult their
own legal, tax and financial advisors to determine possible tax, legal and other financial implication or consequence of subscribing to the units of ICICI Prudential
Mutual Fund.
Disclaimer by the National Stock Exchange of India Limited: It is to be distinctly understood that the permission given by National Stock Exchange of India Limited
(NSE) should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the
correctness or completeness of any of the contents of the Scheme Information Document. The investors are advised to refer to the Scheme Information Document
for the full text of the ‘Disclaimer Clause of NSE’.
Disclaimer of NSE Indices Limited: The “ICICI Prudential Nifty Low Vol 30 ETF offered by “ICICI Prudential Mutual Fund/ICICI Prudential Asset Management
Company Limited” or its affiliates is not sponsored, endorsed, sold or promoted by NSE Indices Limited (NSE Indices) and its affiliates. NSE Indices and its affiliates
do not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) to the owners of
“ICICI Prudential Nifty Low Vol 30 ETF” or any member of the public regarding the advisability of investing in securities generally or in the ” ICICI Prudential Nifty
Low Vol 30 ETF or particularly in the ability of the Nifty100 Low Volitility 30 Index to track general stock market performance in India. Please read the full Disclaimers
in relation to the Nifty 100 Low Volitility 30 Index in the respective Scheme Information Document.
19