Add a bit of flexibility to your portfolio by investing across sectors with ICICI Prudential Flexicap Fund. Aim for liquidity and consistency by investing in largecap companies and long-term growth potential with mid, and smallcap companies and work towards your wealth creation goals. NFO launches on 28th June 2021.
To know more, head to https://bit.ly/3xZP4qB
Make the most of every opportunity that comes your way with the ICICI Prudential Flexicap Fund. Maintain a flexible portfolio that invests across sectors and works towards a better future for you.
Know more at https://bit.ly/3hegzFX
Make your portfolio flexible for upcoming market opportunities with ICICI Prudential Flexicap Fund. Diversify by investing across sectors and market caps with small, mid, and large cap companies using the in-house model.
Get more information at https://bit.ly/3h67Buw and start working towards your long term wealth creation goals today.
Hurry! NFO Period: 28th June- 12th July 2021.
This is a brief outline of the conference call held on 16 November 2010 with Nilesh Shah, Deputy Managing Director, ICICI Prudential Asset Management Company (the AMC). The topic of the call was ICICI Prudential AMC’s views on Macro Economy, Equity and Fixed Income Market and outlook on ICICI Prudential Regular Savings Fund.
ICICI Prudential Business Cycle Fund_1 pagericiciprumf
Now get the opportunity to Invest in ICICI Prudential Business Cycle Fund and aim to stay on the course and ride out the business cycles.
NFO Open: 29th December, 2020 - 12th January, 2021.
Know More: http://bit.ly/IpruBusinessCycleFund
#NFOLaunch #BusinessCycleFund
ICICI Prudential NASDAQ 100 Index Fund - One Pagericiciprumf
Give your portfolio access to leading global companies and work towards your potential wealth creation by investing in ICICI Prudential NASDAQ 100 Index Fund.
Hurry! NFO starts today and closes on 11th October 2021.
Get more information at https://bit.ly/3zFdHJy
Time to Invest in Equities – Valuations Attractiveiciciprumf
Our Equity Valuation Index highlights that Equities are available at attractive valuations
Our VCTS (Valuation, Cycle, Trigger, and Sentiments) framework indicates that the Valuations are attractive, we are in the low to mid-phase of business cycle and sentiments around the asset class is negative
Hence, we recommend to invest aggressively in equities at this juncture
Global crisis usually provided a good opportunity to invest in equities. We believe with a recent market correction due to concerns around COVID-19 spread outside China, the market has stepped into an oversold zone. This provides a good margin of safety for equity investments
“Our Equity Valuation Index now into Deep Green Zone” - Invest aggressively i...iciciprumf
Our Equity Valuation Index highlights that Equities are available at attractive valuations
Our VCTS (Valuation, Cycle, Trigger, and Sentiments) framework indicates that the Valuations are
attractive, we are in the low to mid-phase of the business cycle and sentiments around the asset class
is negative
Hence, we recommend invest aggressively in equities at this juncture
Global crisis usually provided a good opportunity to invest in equities. We believe with recent
market correction due to concerns around COVID-19 spread, the market has stepped into an oversold
zone. This provides a good margin of safety for equity investments
Make the most of every opportunity that comes your way with the ICICI Prudential Flexicap Fund. Maintain a flexible portfolio that invests across sectors and works towards a better future for you.
Know more at https://bit.ly/3hegzFX
Make your portfolio flexible for upcoming market opportunities with ICICI Prudential Flexicap Fund. Diversify by investing across sectors and market caps with small, mid, and large cap companies using the in-house model.
Get more information at https://bit.ly/3h67Buw and start working towards your long term wealth creation goals today.
Hurry! NFO Period: 28th June- 12th July 2021.
This is a brief outline of the conference call held on 16 November 2010 with Nilesh Shah, Deputy Managing Director, ICICI Prudential Asset Management Company (the AMC). The topic of the call was ICICI Prudential AMC’s views on Macro Economy, Equity and Fixed Income Market and outlook on ICICI Prudential Regular Savings Fund.
ICICI Prudential Business Cycle Fund_1 pagericiciprumf
Now get the opportunity to Invest in ICICI Prudential Business Cycle Fund and aim to stay on the course and ride out the business cycles.
NFO Open: 29th December, 2020 - 12th January, 2021.
Know More: http://bit.ly/IpruBusinessCycleFund
#NFOLaunch #BusinessCycleFund
ICICI Prudential NASDAQ 100 Index Fund - One Pagericiciprumf
Give your portfolio access to leading global companies and work towards your potential wealth creation by investing in ICICI Prudential NASDAQ 100 Index Fund.
Hurry! NFO starts today and closes on 11th October 2021.
Get more information at https://bit.ly/3zFdHJy
Time to Invest in Equities – Valuations Attractiveiciciprumf
Our Equity Valuation Index highlights that Equities are available at attractive valuations
Our VCTS (Valuation, Cycle, Trigger, and Sentiments) framework indicates that the Valuations are attractive, we are in the low to mid-phase of business cycle and sentiments around the asset class is negative
Hence, we recommend to invest aggressively in equities at this juncture
Global crisis usually provided a good opportunity to invest in equities. We believe with a recent market correction due to concerns around COVID-19 spread outside China, the market has stepped into an oversold zone. This provides a good margin of safety for equity investments
“Our Equity Valuation Index now into Deep Green Zone” - Invest aggressively i...iciciprumf
Our Equity Valuation Index highlights that Equities are available at attractive valuations
Our VCTS (Valuation, Cycle, Trigger, and Sentiments) framework indicates that the Valuations are
attractive, we are in the low to mid-phase of the business cycle and sentiments around the asset class
is negative
Hence, we recommend invest aggressively in equities at this juncture
Global crisis usually provided a good opportunity to invest in equities. We believe with recent
market correction due to concerns around COVID-19 spread, the market has stepped into an oversold
zone. This provides a good margin of safety for equity investments
UPDATE ON ICICI PRUDENTIAL CREDIT RISK FUNDiciciprumf
We have been continuously recommending ICICI Prudential Credit Risk Fund due to elevated yields and due
to higher risk reward benefit. In these challenging times, we would like to re-emphasize that we will continue
to stick to our Credit selection process which has ensured that historically we have never encountered any
delay or defaults in any of our schemes. Also, we would like to harp that we continue to remain cognizant of
managing the liquidity, concentration, credit and duration in our accrual portfolios to provide investor with
better risk adjusted returns.
Current Update on Fixed Income Market - Valuations turned attractiveiciciprumf
Keeping the Positive Macros and RBI’s increased headroom for action
• We believe the fixed income market has become quite attractive even though the current volatility has
been high
• We expect RBI to take action very soon, due to which the opportunity to invest remain right now before the
RBI comes into action
• The entire yield curve across rating category is now looking attractive
• Even in 2008 & 2013 post the volatility the fixed income market generated high positive returns for the
investors
Hence, we give a strong buy call on the fixed income market and recommend investing in schemes in the Low
Duration, Ultra Short, Short Duration and Medium Duration categories based on your indicative investment
horizon.
We recommend adding equities through Asset allocation schemes and Fund of fund schemes like
ICICI Prudential Balanced Advantage Fund and ICICI Prudential Asset Allocator Fund (FOF)
Read the full doc to know more
Looking for long term wealth creation?
Introducing ICICI Prudential Business Cycle Fund!
Stay on the course and ride out the business cycle.
Know More: http://bit.ly/IpruBusinessCycleFund
#NFOLaunch #BusinessCycleFund
ICICI Prudential NASDAQ 100 Index Fund - Brochureiciciprumf
Here’s your chance to invest in global markets with ICICI Prudential NASDAQ 100 Index Fund. Invest in a diversified portfolio of global market leaders and work towards your potential wealth creation.
Hurry! NFO closes on 11th October 2021.
Don’t miss out! Know more at https://bit.ly/3zTORWE
Pursuant to Notification No. S.O. 1226(E) and G.S.R. 226(E) dated March 30, 2020 issued by Department of Revenue, Ministry of Finance, Government of India, read with Part I of Chapter IV of Notification dated February 21, 2019 issued by Legislative Department, Ministry of Law and Justice, Government of India on the Finance Act, 2019, stamp duty will be levied on mutual fund transaction, with effect from July 1, 2020, as per the rates provided in the table below.
Steeper the climb sweeter the view- Fixed Income Updateiciciprumf
We believe that the current steepness in bond markets should not make investors wary, instead it could be an opportune time to add duration as the longer end of the yield curve becomes attractive.
UPDATE ON ICICI PRUDENTIAL CREDIT RISK FUNDiciciprumf
We have been continuously recommending ICICI Prudential Credit Risk Fund due to elevated yields and due
to higher risk reward benefit. In these challenging times, we would like to re-emphasize that we will continue
to stick to our Credit selection process which has ensured that historically we have never encountered any
delay or defaults in any of our schemes. Also, we would like to harp that we continue to remain cognizant of
managing the liquidity, concentration, credit and duration in our accrual portfolios to provide investor with
better risk adjusted returns.
Current Update on Fixed Income Market - Valuations turned attractiveiciciprumf
Keeping the Positive Macros and RBI’s increased headroom for action
• We believe the fixed income market has become quite attractive even though the current volatility has
been high
• We expect RBI to take action very soon, due to which the opportunity to invest remain right now before the
RBI comes into action
• The entire yield curve across rating category is now looking attractive
• Even in 2008 & 2013 post the volatility the fixed income market generated high positive returns for the
investors
Hence, we give a strong buy call on the fixed income market and recommend investing in schemes in the Low
Duration, Ultra Short, Short Duration and Medium Duration categories based on your indicative investment
horizon.
We recommend adding equities through Asset allocation schemes and Fund of fund schemes like
ICICI Prudential Balanced Advantage Fund and ICICI Prudential Asset Allocator Fund (FOF)
Read the full doc to know more
Looking for long term wealth creation?
Introducing ICICI Prudential Business Cycle Fund!
Stay on the course and ride out the business cycle.
Know More: http://bit.ly/IpruBusinessCycleFund
#NFOLaunch #BusinessCycleFund
ICICI Prudential NASDAQ 100 Index Fund - Brochureiciciprumf
Here’s your chance to invest in global markets with ICICI Prudential NASDAQ 100 Index Fund. Invest in a diversified portfolio of global market leaders and work towards your potential wealth creation.
Hurry! NFO closes on 11th October 2021.
Don’t miss out! Know more at https://bit.ly/3zTORWE
Pursuant to Notification No. S.O. 1226(E) and G.S.R. 226(E) dated March 30, 2020 issued by Department of Revenue, Ministry of Finance, Government of India, read with Part I of Chapter IV of Notification dated February 21, 2019 issued by Legislative Department, Ministry of Law and Justice, Government of India on the Finance Act, 2019, stamp duty will be levied on mutual fund transaction, with effect from July 1, 2020, as per the rates provided in the table below.
Steeper the climb sweeter the view- Fixed Income Updateiciciprumf
We believe that the current steepness in bond markets should not make investors wary, instead it could be an opportune time to add duration as the longer end of the yield curve becomes attractive.
SBI Long Term Advantage Fund Series V - A Close-Ended Equity Linked Savings S...SBI Mutual Fund
SBI Long Term Advantage Fund Series V aims to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit under 80C of the Income Tax Act, 1961. Key benefits of SBI Long Term Advantage Fund - Series V include Tax Savings, Potential Capital Appreciation and Tax Free Returns. Know more about this mutual fund at https://www.sbimf.com/en-us/sbi-long-term-advantage-fund-series-v
SBI Emerging Business Fund: An Equity Mutual Fund Scheme - Nov 17SBI Mutual Fund
SBI Emerging Business Fund focuses on emerging businesses and invests in companies that are considered emergent. It has the flexibility to invests across market caps. SBI Emerging Business Fund may invests into large, mid and/or small cap stocks in any proportion based on the market conditions making the most of various market phases. Visit SBI Mutual Fund to know more this fund at https://www.sbimf.com/en-us/equity-schemes/sbi-emerging-businesses-fund
In the economic kingdom, the Kings (Large Cap companies) dictate the present, while the Princes (Mid Cap companies) have the potential to form the future. With ICICI Prudential Large & Mid Cap Fund, have both the Kings and Princes to govern yours!
SBI Emerging Business Fund: An Equity Mutual Fund Scheme - Sep 17SBI Mutual Fund
SBI Emerging Business Fund focuses on emerging businesses and invests in companies that are considered emergent. It has the flexibility to invests across market caps. SBI Emerging Business Fund may invests into large, mid and/or small cap stocks in any proportion based on the market conditions making the most of various market phases. Visit SBI Mutual Fund to know more this fund at https://www.sbimf.com/en-us/equity-schemes/sbi-emerging-businesses-fund
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
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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 Telegram username
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
2. Why Invest in Equities?
*Consult your tax advisor for more details. Source BSE India, Data as of Apr 30, 2021. Income Distribution cum Capital Withdrawal Option.
Capital Appreciation
Inflation adjusted returns
Tax Advantage*
Goal based investing
Liquidity
Potential Capital Appreciation in the form of Capital Gains & IDCW
Minimises the impact of Inflation on wealth creation over long
term
Returns on equity investments are subject to lower tax
obligations relative to other asset classes
Probability of achieving mid to long term goals increases when
investing in equities. E.g. Rs. 1 Lakh invested in S&P BSE Sensex in
1979, is valued at Rs. 4.88 Crs today
Investments in open-ended mutual funds are liquid in nature and
can be withdrawn anytime when need arises subject to exit load
terms
2
3. Our Outlook on Equities
• Global Central Banks’ policy stance, pace of earnings growth &
policies of newly elected US Gov. key triggers for equity markets
• Post COVID led slowdown, Indian economy recovery on track
and well placed fundamentally. Long Term Growth story remains
intact
• Volatility may prevail in near term given the evolving
developments around Pandemic situation & Global growth
recovery
• Barring few pockets of the market, valuations in certain pockets
still reasonable. Constructive on adding equities in staggered
manner
• Investing in select opportunities with reasonable valuations
across Marketcap may be beneficial for investors seeking Wealth
Creation in long term 3
4. Flexicap Funds and Investing Benefits
FLEXICAP DYNAMIC DIVERSIFICATION RISK MITIGATION MARKET CYCLES
Flexicap Funds
are schemes that
can invest in
opportunities
across Marketcap
spectrum
A flexicap scheme
at any given point
in time, can be
dynamically
overweight/under-
weight across
Large/Mid/Smallcap
depending on the
attractiveness
This may lead
to more
investment
choices thereby
leading to
diversification
A diversified
investment may
mitigate the risk
associated with
investing solely in
large/mid/smallcaps
A flexicap scheme
may do well across
different market
cycles given the
dynamic nature of
the scheme in
navigating across
market
capitalization
4
5. Flexicap Funds – Positioning
5
Potential
Returns
Potential Risk
Largecap
FLEXICAP
Large &
Midcap
Multicap
Midcap
Smallcap
A Flexicap Fund has the flexibility to
move across Large, Mid and Smallcaps
basis Valuations. Hence, flexicaps can
act as good compounders over long
term with low potential risks relative
to mid & smallcaps
Min. 80% in
Largecaps
Min. 35%
each in Large
& Midcaps
Min. 25% each
in Large, Mid &
Smallcaps
Min. 65%
in Midcaps
Min. 65% in
Smallcaps
Positioning and Mandate is as per SEBI Mutual Funds Categorization
No capping
across
Marketcap
7. About ICICI Prudential Flexicap Fund
INVESTMENT PHILOSOPHY
Aim to identify and invest in
opportunities across market
caps through an in-house
Marketcap model
INVESTMENT APPROACH
Mix of top-down and
bottom-up approach to
identify opportunities in
large, mid and small cap
space respectively
SECURITY SELECTION
Stocks will be selected basis
various factors such as,
macros, company
fundamentals, valuations, etc.
INVESTMENT PROCESS
•The Fund Manager decides the
Marketcap attractiveness basis
prevailing market conditions
•The Fund Management team
identifies opportunities in that
particular segment
INVESTMENT UNIVERSE
Opportunities from S&P
BSE 500 universe will be
considered for investment
RE-BALANCING
The Large/Mid/Smallcap
allocation will be assessed and
re-balanced on a periodic
basis, based on the in-house
model
The asset allocation and investment strategy will be as per Scheme Information Document. The portfolio of the scheme is subject to changes within the provisions of the Scheme Information
document of the Scheme.
7
8. About ICICI Prudential Flexicap Fund
Based on the in-house Marketcap model
Staggered Manner of deployment in Equity based on
various internal asset allocation & valuation models
Adequate capping on stock concentration
Middle of the diversified space (moderate) as the
market-cap allocation would be managed
dynamically
Marketcap Allocation
Deployment Approach
Stock Diversification
Risk Reward
The asset allocation and investment strategy will be as per Scheme Information Document. The portfolio of the scheme is subject to changes within the provisions of the Scheme Information
document of the Scheme.
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9. ICICI Prudential Flexicap Fund – Investment Style
Please note, the above list is indicative and not exhaustive. P/E – Price to Earnings, P/B – Price to Book. The asset allocation and investment strategy will be as per Scheme Information Document.
The portfolio of the scheme is subject to changes within the provisions of the Scheme Information document of the Scheme.
TOP-DOWN + BOTTOM-UP APPROACH
TOP-DOWN APPROACH
Used primarily to vet opportunities in the largecap
space and focuses on factors like –
Economic indicators
Policy response
Growth
Inflation
Global Macros
Future earnings potential
Future project pipeline
BOTTOM-UP APPROACH
Used primarily to vet opportunities in the mid and
smallcap space and focuses on factors like –
Growth outlook
Opportunity size
Management Track record
Historical return ratios
Valuations
11. Market Cap Allocation Range*
*The above range is indicative and may vary basis prevailing macro economic scenario and market valuations. The asset allocation and investment strategy will be as per Scheme Information
Document. The portfolio of the scheme is subject to changes within the provisions of the Scheme Information document of the Scheme.
Largecap
Range
50-100%
Mid & Smallcap
Range
0-50%
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• Markets may remain volatile with uncertainties regarding Global Central Bank’s stimulus stance, pace of
vaccination drives and Domestic & Global growth
• Largecaps in such a scenario may help in limiting downside and providing liquidity to the portfolio
• We also believe that the economic recovery is on track with limited lockdowns, expected improvement in pace of
vaccination and continued Govt. and RBI support to spur Growth
• Hence, mid & smallcaps may be better positioned to capture potential upside from expected economic recovery.
Therefore, given the current macro scenario and market valuations, tentative Marketcap allocation may be as
follows
12. The in-house Marketcap Model
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Following parameters and other economic indicators will be considered for ascertaining Marketcap
allocation
Select Parameters of in-house Marketcap model
Market Cap Weight as a % of total
Marketcap
Valuation
Relative Strength Index (RSI) Differential
Please note, The above factors are not exhaustive, the scheme may or may not use the above factors. In order to manage the scheme and to ensure that the Scheme attains its investment objective, the
AMC has developed an in-house model to invest across market caps in a structured manner. The asset allocation and investment strategy will be as per Scheme Information Document. The portfolio of
the scheme is subject to changes within the provisions of the Scheme Information document of the Scheme.
13. Marketcap weight as a % of total Marketcap
As seen historically, Mid and Smallcap valuations (as a % of total Marketcap), are attractive postcorrections.
The model considers this parameter while arriving at final allocation
Source – Edelweiss Research. Data as of May 2021. GFC- Global Financial Crisis, NBFC – Non Banking Financial Company. Total Marketcap calculation includes top 1000 companies by Mcap. Midcap
is top 101 to 250 companies by marketcap and Smallcap is 251st company by marketcap until 1000th company by marketcap listed on NSE Past performance may or may not sustain in future
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Post GFC Post US
Taper
Tantrums
Pre -
NBFC
Crisis
6.0%
9.0%
12.0%
15.0%
18.0%
Jun-05
May-06
Apr-07
Mar-08
Mar-09
Feb-10
Jan-11
Dec-11
Dec-12
Nov-13
Oct-14
Sep-15
Sep-16
Aug-17
Jul-18
Jul-19
Jun-20
May-21
Mid and Smallcap as a % of total Marketcap
Midcap Smallcap
14. Valuations – Mid & Smallcaps Vs. Largecaps
The model considers Price to Book Value (P/B) discount/premium of Mid & Smallcaps Vs. Largecaps
Source: NSE India. Data as of May 2021. GFC- Global Financial Crisis, NBFC – Non Banking Financial Company. Nifty 100 Index is considered for Largecaps
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Post GFC Post US
Taper
Tantrums
Pre -
NBFC
Crisis
-70%
-60%
-50%
-40%
-30%
-20%
-10%
0%
10%
Mar/06
Mar/07
Feb/08
Feb/09
Jan/10
Dec/10
Dec/11
Nov/12
Oct/13
Oct/14
Sep/15
Aug/16
Aug/17
Jul/18
Jul/19
Jun/20
May/21
Mid and Smallcap Premium/Discount over Largecaps
Nifty Midcap 150 P/B Discount Nifty Smallcap 250 P/B Discount
15. The model also considers RSI difference Mid and Smallcaps Vs. Largecaps to ascertain whether they are in
the overbought/oversold territory
Relative Strength Index (RSI) Difference
The above chart is for illustration purpose only
Mid/Smallcaps overbought to Largecaps –
Reduce Exposure
Mid/Smallcaps oversold to Largecaps –
Increase Exposure
IF THE RSI INDICATES:
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16. ICICI Prudential Flexicap Fund – An overlay of Macro Factors
GDP – Gross Domestic Product. Please note, the above list is indicative and not exhaustive and the scheme may also consider other macro indicators. The asset allocation and investment strategy will
be as per Scheme Information Document. The portfolio of the scheme is subject to changes within the provisions of the Scheme Information document of the Scheme.
The scheme can also take cues from various macro-economic indicators and accordingly take market cap
and theme/sector call
Current Account
Deficit/Surplus
Fiscal Deficit GDP growth &
Credit Growth
Inflation Tax Revenues Capacity
Utilization &
Corporate
Profitability
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18. A sturdy ship to
navigate across
different weather
conditions
POSSIBLE WEATHER CONDITIONS WHILE ON SEA
Cyclone
Rogue Waves
Extreme Heat
REQUIREMENTS FOR SEA ROUTE EXPLORATION
POSSIBLE MARKET CONDITIONS WHILE INVESTING
Overbought Markets
Oversold Markets
Volatile Markets
REQUIREMENTS FOR FLEXICAP INVESTING
ICICI Prudential Marketcap Model –
Similar To Sea Route Exploration
A robust model that aims to
work across all market
conditions and allocates
appropriately between
Large/Mid/Smallcap
The above chart is for illustration purpose only
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19. North
East
A compass for
navigating and course
correction
West
South
DIRECTION NAVIGATION WHILE ON SEA
REQUIREMENTS FOR ROUTE NAVIGATION
MARKET DIRECTIONS WHILE INVESTING
Sector Attractiveness
Attractiveness of LARGE/MID/SMALLCAP
REQUIREMENTS FOR FLEXICAP INVESTING
ICICI Prudential Marketcap Model –
Similar To Sea Route Exploration
An indicator that aims
to determine & fine tune
Marketcap
attractiveness
The above chart is for illustration purpose only
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20. Captain of the ship to assess
risk factors, speed, time, etc.
GUIDANCE & OTHER INPUTS WHILE ON SEA
Speed
Timing of Halts
Measures to Counter Bad Weather
REQUIREMENTS FOR GUIDANCE & INPUTS
GUIDANCE WHILE INVESTING
Macro Economic Indicators
Global Indicators
REQUIREMENTS FOR FLEXICAP INVESTING
ICICI Prudential Marketcap Model –
Similar To Sea Route Exploration
Fund Managers to assess
macro economic factors for
fine-tuning marketcap allocation
The above chart is for illustration purpose only
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22. Valuations Perspective
Currently, Valuations are not cheap, Business Cycle is recovering, Positive Triggers include Economic recovery,
earnings growth, etc. Negative triggers may be rising US 10Y Treasury yields and inflation. Sentiments are not
very euphoric
Market V aluations
P/E or P/B helps in
ascertaining whether
the market is expensive
or cheap
Business C ycle
Indicators like capacity
utilization / credit growth
help in gauging the
strength of business cycle
T riggers
Triggers are events
which can chart the
course of market direction
(positive/negative)
S entiments
Sentiments helps in
understanding investors
affinity towards the
equity market
Buy – Valuations
Cheap
Sell – Valuations
Expensive
Buy – Cycle is
weak/recovering
Sell – Cycle is Strong
Negative Triggers –
e.g. COVID-19,
Positive Triggers –
e.g. earnings growth
Buy – Negative
Sentiments
Sell – Positive
Sentiments
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23. ICICI Prudential Flexicap Fund – A mixed bag
IF NEGATIVE TRIGGERS IN ACTION,
LARGECAPS MAY:
IF POSITIVE TRIGGERS IN ACTION,
MID & SMALLCAPS MAY:
Help to limit downside as large
companies usually have better risk
management abilities compared to
mid & smallcaps
This may provide the portfolio with
stability
Largecaps may be able to deliver
better returns owing to limited
downside compared to mid &
smallcaps
Fundamentally strong mid/smallcap
companies will have good re-rating
potential
With improving growth &
profitability, mid/smallcaps may
deliver Multibagger returns
Mid/Smallcaps in an upmarket may
lead to better capital appreciation
than in a down market
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24. ICICI Prudential Flexicap Fund –
A flexible and controlled approach (Marketcap Model)
The selection board of a national cricket team has the flexibility to select any player, but they need to exercise right control while
selecting players for a particular format. Similarly, ICICI Prudential Flexicap Fund has the flexibility to invest across large, mid and
small cap but to create a portfolio conducive for a particular market environment there is Marketcap Model coupled with Macro
factors which helps creating long-term wealth
The above example/analogy is for illustration purpose only
Test Cricket One Day T-20
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25. Just as a potter initially applies deft touch for creating a desired object, similarly, ICICI Prudential Flexicap
Fund will in the initial phase, use a gradual equity deployment approach for portfolio construction
ICICI Prudential Flexicap Fund –
Intended Initial Deployment Approach
Initial Deployment Approach for ICICI Prudential Flexicap Fund
• Taking into consideration, the market valuations at this
juncture which are not cheap, the deployment of the scheme
can take place judiciously based on the market conditions
• We may take cues on near-term equity allocation based on
our various internal asset allocation and equity valuation
models during the deployment phase
The above example/analogy is for illustration purpose only. Please note the investment strategy and asset allocation will be as per SID of the Scheme
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26. The asset allocation and investment strategy will be as per Scheme Information Document. The portfolio of the scheme is subject to changes within the provisions of the Scheme Information
document of the Scheme.
Key Takeaways About The Scheme
Mix of Top-Down &
Bottom-up approach
Based on In-house
Marketcap Model
Well defined deployment
approach basis market
conditions
Marketcap Model ensures
flexibility albeit with control
Opportunistic & Dynamic in
terms of Marketcap allocation
In-house model coupled with
overlay of macro factors suitable
for wealth creation
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27. Portfolio Features
NFO Period June 28, 2021 to July 12, 2021
Type of Scheme An open ended dynamic equity scheme investing across large cap, mid cap & small cap stocks
Plans
ICICI Prudential Flexicap Fund – Regular Plan &
ICICI Prudential Flexicap Fund – Direct Plan
Options
Minimum Application Amount
Growth & IDCW
Rs. 5,000 (plus in multiples of Re.1)
Minimum Additional Application Amount Rs. 1,000 (plus in multiples of Re.1
Minimum Redemption Amount Any amount
Entry Load
Exit Load
Less than 12 Months 1% of applicable NAV
More than 12 Months Nil
Not applicable
Fund Manager Rajat Chandak
Benchmark Index S&P BSE 500 TRI
In addition to the fund manager managing this fund, overseas investment will be managed by Ms. Priyanka Khandelwal. IDCW – Income Distribution cum Capital Withdrawal Option. Payment of IDCW is subject to
availability of distributable surplus and Trustee approval. Pursuant to payment of IDCW , the NAV of the scheme falls to the extent of IDCW payout. When units are sold and sale price (NAV) is higher than face value of
the unit, a portion of sale price that represents realized gains is credited to an Equalization Reserve Account and which can be used to pay IDCW. IDCW can be distributed out of investors capital (Equalization Reserve),
which is part of sale price that represents realized gains. In case the unit holder has opted for IDCW payout option, the minimum amount for IDCW payout shall be 100 (net of statutory levy, if any), else the IDCW
would be mandatorily reinvested. IDCW Payout -Payout of Income Distribution cum capital withdrawal option; IDCW Reinvestment - Reinvestment of Income Distribution cum capital withdrawal option.
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SIP / SWP / STP Available
28. MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
All figures and other data given in this document are dated. The same may or may not be relevant at a future date. The AMC takes no responsibility of updating any data/information in this material from
time to time. The information shall not be altered in any way, transmitted to, copied or distributed, in part or in whole, to any other person or to the media or reproduced in any form, without prior written
consent of ICICI Prudential Asset Management Company Limited. Prospective investors are advised to consult their own legal, tax and financial advisors to determine possible tax, legal and other
finan- cial implication or consequence of subscribing to the units of ICICI Prudential Mutual Fund. Data source: Bloomberg, except as mentioned specifically.
Disclaimer: In the preparation of the material contained in this document, ICICI Prudential Asset Management Company Ltd. (the AMC) has used information that is publicly available, including
informa- tion developed in-house. Some of the material used in the document may have been obtained from members/persons other than the AMC and/or its affiliates and which may have been made
available to the AMC and/or to its affiliates. Information gathered and material used in this document is believed to be from reliable sources. The AMC however does not warrant the accuracy,
reasonableness and / or completeness of any information. We have included statements / opinions / recommendations in this document, which contain words, or phrases such as “will”, “expect”,
“should”, “believe” and similar expressions or variations of such expressions, that are “forward looking statements”. Actual results may differ materially from those suggested by the forward looking
statements due to risk or uncertainties associated with our expectations with respect to, but not limited to, exposure to market risks, general economic and political conditions in India and other countries
globally, which have an impact on our services and / or investments, the monetary and interest policies of India, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates,
equity prices or other rates or prices etc. ICICI Prudential Asset Management Company Limited (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. Further, the information contained herein should not be construed as forecast or promise. The recipient alone shall be fully responsible/are liable for any decision
taken on this material.
Riskometer & Disclaimer
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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
ICICI Prudential Flexicap Fund (An open ended dynamic equity scheme investing across
large cap, mid cap & small cap stocks) is suitable for investors who are seeking*:
• Long Term wealth creation
• An open ended dynamic equity scheme investing across large cap, mid cap & small cap stocks
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.