Value Research

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Fundcard

ICICI Prudential Equity Arbitrage Fund - Regular Plan

Value Research Fund Rating as on Jun 30, 2014

Open-ended and Hybrid: Arbitrage

Risk Grade

High

Return Grade

Above Average

NAV

Rs. 18.07 as on Jul 14, 2014

Net Assets*

Rs. 558.3 crore as on Jun 30, 2014

* Quarterly Average

The contents of this Value Research Fund Card (the "Fund Card") published by Value Research India Private Limited are not intended to serve as professional advice
or guidance and the publisher takes no responsibility or liability, express or implied, whatsoever for any investment decisions made or taken by the readers of this
Fund Card based on its contents thereof. You are strongly advised to verify the contents before taking any investment or other decision based on the contents of this
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should exercise due caution and/or seek independent professional advice before entering into any commercial or business relationship or making any investment decision or entering into any financial obligation based on any information, statement or opinion which is contained, provided or expressed in this Fund Card.
The Fund Card contains information, statements, opinions, statistics and materials that have been obtained from sources believed to be reliable and the publishers
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opinions and materials contained and/or expressed in this Fund Card or of the results obtained, direct or consequential, from the use of such information, statistics,
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Fund Card. All disputes shall be subject to the jurisdiction of Delhi courts only.

ICICI Prudential Equity Arbitrage Fund - Regular Plan

Rating:
Risk: High
Return: Above Average

Fund Performance Vs NSE Treasury Bill

Fund
NSE Treasury Bill
(Rebased to 10,000)

History

2004

2005

2011

2012

2013

2014

12.42

13.23

14.24

15.68

17.22

18.07

3.67

6.52

7.63

10.11

9.80

4.97

0.59

-2.41

2.05

0.30

1.59

1.51

0.48

10/15

12/17

3/18

9/18

3/18

1/16

11/27

11.98

12.56

13.23

14.24

15.68

17.23

18.08

11.09

11.87

12.41

13.23

14.23

15.67

17.21

1375.49

446.91

478.33

90.94

47.01

32.14

238.88

400.22

1.50

1.50

1.50

1.40

1.45

1.50

0.94

2008

11.06

11.98

8.32

11.07

10.00

Net Assets (Rs.Cr)

997.00

Expense Ratio (%)

Total Return (%)

+/- NSE Treasury Bill

Rank (Fund/Category)

52 Week High (Rs)

52 Week Low (Rs)

2006

2010

2007

NAV (Rs)

Top Holdings

2009

Quarterly Returns (%)

Equity Holdings
Company

Lupin
HDFC Bank
Reliance Industries
Grasim Industries
IDFC
JSW Steel
Axis Bank
Punjab National Bank
Yes Bank
Indusind Bank
LIC Housing Fin.
Unitech
Apollo Tyres
Idea Cellular
UCO Bank

Sector

P/E

YTD

16.49

Healthcare
Financial
Energy
Diversified
Financial
Metals
Financial
Financial
Financial
Financial
Financial
Construction
Automobile
Communication
Financial

% Assets

10.34
9.96
5.01
4.24
4.15
3.81
3.37
3.37
3.16
2.28
1.91
1.86
1.56
1.38
1.31

22.64
7.49
18.25
34.52
13.03
42.09
43.37
41.57
27.72
44.84
65.69
60.76
-19.24
29.07

Debt Holdings
Company

Sector

Instruments

ICICI Bank

Financial
Financial
Financial
Others

Fixed Deposits

10.12

Fixed Deposits
Fixed Deposits
CBLO

0.93
0.40
17.51

ICICI Bank
ICICI Bank
Others

Portfolio Characteristics

FUND STYLE
Investment Style

Growth Blend Value

Capitalisation

37
4
50424
2.22
14.72
-0.62

Large Medium Small

Total Stocks
Total Bonds
Avg Mkt Cap (Rs.Cr)
Portfolio P/B Ratio
Portfolio P/E Ratio
3Y Earnings Growth (%)

% Assets

2014
2013
2012
2011
2010

Q1

Q2

Q3

Q4

Year

2.32
2.55
2.04
2.42
0.64

2.16

2.25
2.47
1.52
2.22

2.48
2.28
1.50
2.64

9.80
10.11
7.63
6.52

Rank
Fund/Cat

NSE
Treasury Bill

SIP
Return

2.18
2.96
1.99
0.88

Trailing Returns (%)

Return
Fund
Category

Year-to-Date
11/27
4.49
4.89
4.97
3-Month
2.50
8/29
2.10
2.33
6-Month
4.20
4.38
4.33
13/28
1-Year
9.67
7/27
8.51
9.33
2-Year
8.85
1/16
8.38
9.72
3-Year
4/16
8.83
8.24
9.24
5-Year
7.66
7.09
7.94
4/14
7-Year
7.69
7.75
7.21
5/10
10-Year
Return less than 1-year are absolute and over 1 year are annualised

Risk Analysis

Top 10 Sector Weights (%)

Financial
Healthcare
Energy
Automobile
Metals
Diversified
Technology
Construction
Services
Cons Durable

11.94
10.09
9.90
9.74
9.76
9.15
8.42
-

Fund

Volatility Measurements

29.95
9.92
7.94
5.29
4.50
3.73
2.12
1.64
1.56
0.58

Standard Deviation
Sharpe Ratio
Beta
R-Squared
Alpha

0.76
2.73
0.30
0.10
1.71

Composition (%)
Equity
Debt
Cash

70.47
28.96
0.57

Returns as on July 14, 2014, Portfolio related data as on June 30, 2014

Value Research
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Best Performance
YEAR

11.72%

QUARTER

4.42%

MONTH

2.53%

Value Research Analysis

Fund Objective & Strategy

Analysis not available

The scheme seeks to

generate low volatility returns
by using arbitrage and other
derivative strategies in equity
markets and investments in
short-term debt portfolio.

Portfolio Manager

Worst Performance
YEAR

Manish Banthia
Since Nov 2009
2.10%

Kayzad Eghlim
Since Feb 2011

QUARTER

-0.64%

MONTH

-1.11%

All the graphs are rebased to 10,000

NAV

Investment Information
AMC
Website
Registrar
Launch
Benchmark
Plans (NAV)

: ICICI Prudential Asset Management Company Ltd

: www.icicipruamc.com
: Computer Age Management Services Ltd.
: December 2006
: Crisil Liquid

Min Investment (Rs.)

: 5000
Min SIP Investment (Rs.)
: 1000
Exit Load : 0.5% for redemption within 90 days

: Dividend (13.77) , Growth (18.07)

NSE Treasury Bill

Value Research
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How to Read the Fundcard - Balance

Value Research Rating, Risk and Return
z
z
z

Fund Rating The Value Research Fund Rating is a 1 to 5 star rating that is based on the returns that a fund has generated over the previous eighteen months, while taking into account the risks that the fund has taken. This rating is relative to other fund of the same type.
Risk Grade A five-step grading of the riskiness of a fund, based on the losses it has suffered during the past eighteen months. This grade is relative to other fund of the same type.
Returns Grade A five-step grading of the returns of a fund. This grade is relative to other fund of the same type.

History
Data on the funds performance
since its launch.
z NAV (Year End) The last
NAV of each year.
z Total Return The percentage returns that an investor
would have got over the
year.
z +/- In the given year, a
comparison of the funds
returns with that of a comparable index
z Rank The funds performance rank within its category
for the year and the total
number of funds out of
which it has been ranked.
z 52-Week NAV Range The
highest and the lowest NAV
that the fund recorded during that year
z Net Assets The total
amount of investors assets
that the fund was managing
at the end of the year.
z Expense Ratio The percentage of the average daily
assets that the fund charged
as its management expenses during the year.

Fund Performance Vs Index

DSP BlackRock Balanced Fund
Rating:
Risk: Below Average
Return: High

Fund Performance Vs VR Balanced

62000
49000

Fund
VR Balanced
(Rebased to 10,000)

36000
23000
10000

History

1998

1999

NAV (Rs)

12.84

10.41

9.01

10.19

18.20

22.11

29.00

38.48

58.21

36.11

Total Return (%)

-18.93

2000

-13.45

2001

13.10

78.61

21.48

31.16

32.70

51.26

-37.97

+/-VR Balanced (%)

-9.63

Aggregate measures regarding

the funds investments. The market capitalization, P/B ratio and
P/E ratio are weighted averages
of the latest numbers of the companies that the fund is invested
in. Three Year Earnings Growth
is the weighted average of the
compounded average growth in
the net profits of each company.

2006

6.43

2007

2008

6.37

39.12

14.50

3.85

8.40

1.78

35.20

13.17

8.01

7.48

14.49

-3.77

9/15

15/23

13/28

5/29

5/29

15/28

11/30

9/33

9/32

52 Week High (Rs)

12.84

15.20

11.15

10.19

18.27

22.11

29.00

38.58

58.21

59.75

52 Week Low (Rs)

9.92

9.78

7.79

8.96

10.04

16.56

21.12

27.95

35.87

33.70

Net Assets (Rs.Cr)

145.94

83.77

58.83

53.08

96.71

218.44

291.17

408.02

566.54

423.07

Expense Ratio (%)

2.04

1.96

1.89

2.00

2.00

2.04

2.01

1.98

2.09

Quarterly Returns (%)

Equity Holdings
Company

Sector

Hindustan Unilever
HDFC Bank
Infosys Technologies
Reliance Industries
BPCL
Glaxosmithkline Pharma
Nestle India
Indian Oil
ONGC
Bharat Electronics
Glaxosmithkline Consumer
Cipla
Tata Consultancy Services
Maruti Suzuki India
HDFC

FMCG
Financial
Technology
Energy
Energy
Health Care
FMCG
Energy
Energy
Engineering
FMCG
Health Care
Technology
Automobile
Financial

P/E

2008 Ret

% Assets

26.70
20.67
14.29
11.50
-21.91
26.11
-8.31
6.19
11.52
22.87
12.79
10.08
17.10

16.99
-42.26
-36.79
-57.30
-28.19
11.36
-3.14
-46.33
-46.00
-64.23
-22.06
-12.09
-55.87
-47.47
-48.21

5.73
4.81
3.46
3.06
2.88
2.65
2.39
2.20
1.32
1.24
1.07
1.04
1.01
1.00
0.88

Debt Holdings
Company

Sector

Instruments

IDBI Bank
HDFC
LIC Housing Fin.
Axis Bank
Bank of Baroda

Financial
Financial
Financial
Financial
Financial

Floating Rate Bond

Debentures
Floating Rate Notes
Fixed Deposits
Fixed Deposits

% Assets

14.18
13.00
7.63
2.36
1.18

Total Stocks
Total Bonds
Avg Mkt Cap (Rs.Cr)
P/B Ratio
P/E Ratio
3Y Earnings Growth (%)

67
6
11393
5.36
13.65
4.27

FUND STYLE
Investment Style

Growth Blend Value

Capitalisation

Portfolio Characterstics

2005

Large Medium Small

A detailed report on the latest

investment portfolio that the fund
is holding. For each stock, the
sector, the P/E ratio and the
years returns are given. For
debt holdings, the sector and the
type of instrument are given.

2004

Rank (Fund/Category)

Portfolio Characteristics

Top Holdings

2003

+/-Crisil Balanced (%)

Top Holdings

70

2002

2008
2007
2006
2005
2004

Q1

Q2

Q3

Q4

Year

-19.95
-3.46
17.52
0.36
-0.55

-7.07
17.58
-7.78
3.83
-3.65

-2.18
10.18
11.99
16.62
10.84

-14.77
20.95
9.33
7.93
14.38

-37.97
51.26
32.70
31.16
21.48

A nine-cell matrix is the overall style

of equity investment that the fund
follows. Vertically, the three steps
denote the weighted average market
capitalisation of the funds investments. Denoted horizontally, on a
weighted average basis, whether the
companies that the fund has invested in are value stocks, growth
stocks, or a blend of the two.

Quarterly Returns (%)

The funds returns over each quarter of the last five years, along with
the entire years returns.

Trailing Returns (%)

VR
Balanced

SIP
Return

Year-to-Date
-37.97
-41.07
9/32
-39.76
3-Month
-14.77
-14.63
16/32
-14.15
6-Month
-16.62
-17.27
17/32
-16.54
1-Year
-37.97
-41.07
9/32
-39.76
2-Year
-3.14
-8.62
4/31
-7.23
3-Year
7.58
2.42
2/30
3.51
5-Year
14.68
10.73
6/26
8.15
7-Year
21.93
18.06
2/20
11.94
10-Year
Return less than 1-year are absolute and over 1 year are annualised

Return
Fund
Category

-32.41
-9.81
-30.30
-32.41
-16.33
-5.17
8.95
17.67
-

Risk Analysis

Top 10 Sector Weights (%)

Energy
FMCG
Health Care
Financial Services
Technology
Engineering
Services
Automobile
Chemicals
Communication

Rank
Fund/Cat

Fund

Volatility Measurements

11.25
10.55
7.31
5.91
5.54
2.93
2.74
2.00
1.27
1.25

Standard Deviation
Sharpe Ratio
Beta

22.51
0.21
0.91

R-Squared

0.91

Alpha

3.71

Composition (%)
Equity
Debt
Cash

57.03
34.83
8.14

Returns as on 31st December 2008, Portfolio-related data as on 30th November 2008

Fund Style

Graph of how an investors money

would have grown in the fund since
its launch. Hybrid funds are compared to a syntehtic index created
by Value Research. This index is a
hybrid of fixed-income and equity
indices. For ease of comparison,
both have been adjusted to start at
10,000.

Top 10 Sector
Weights (%)
The percentage of
the equity investments of the fund
that fall under each
sector of the economy. The top 15 sectors for each fund
are given.

Composition (%)
The proportion of
the funds holdings
that are held in
each of the three
basic types of
assets.

Trailing Returns (%)

Performance data for various standard periods. All returns are in percentage. Periods greater than a
year are annualised, shorter periods are not.
z Fund The funds own
returns.
z Category The average
returns for all funds in the category.
z Rank The funds rank, out of
the total number of funds in the
category
z Index The returns of the
funds benchmark index.
z SIP Return (Annualised)
The return that an investor
would have made by investing
in the funds monthly systematic investment plan over the
period.

Risk Analysis
A range of statistical measures that
can be used to evaluate the performance, risk, and return of a
mutual fund.