Fundcard

ICICI Prudential Balanced Advantage Fund

Value Research Fund Rating as on Nov 30, 2017

Open-ended and Hybrid: Equity-oriented

Risk Grade – Low

Return Grade – Average

NAV – Rs. 33.26 as on Dec 15, 2017

Net Assets – Rs. 23316.3 crore as on Nov 30, 2017

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
Fund Card. The Fund Card is meant for general reading purposes only and is not meant to serve as a professional guide for investors. The readers of this Fund Card
should exercise due caution and/or seek independent professional advice before entering into any commercial or business relationship or making any investment deci-
sion 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
of the Fund Card have made best efforts to avoid any errors and omissions, however the publishers of this Fund Card make no guarantees and warranties whatso-
ever, express or implied, regarding the timeliness, completeness, accuracy, adequacy, fullness, functionality and/or reliability of the information, statistics, statements,
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,
statements, opinions and materials. The publishers of this Fund Card do not certify and/or endorse any opinions contained, provided, published or expressed in this
Fund Card. All disputes shall be subject to the jurisdiction of Delhi courts only.
ICICI Prudential Balanced Advantage Fund
Rating: Fund Performance Vs VR Balanced
Risk: Low
Return: Average

Fund
VR Balanced
(Rebased to 10,000)

History 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
NAV (Rs) 13.04 8.20 12.27 14.14 12.90 17.20 19.08 24.62 26.27 28.20 33.26
Total Return (%) - -37.12 49.63 15.24 -8.77 33.33 10.93 29.04 6.70 7.35 17.94
+/- VR Balanced - - - - - - - - - - -
Rank (Fund/Category) - 4/28 20/24 14/27 3/26 5/30 5/32 49/57 14/62 37/84 65/102
52 Week High (Rs) - 13.16 12.27 14.35 14.69 17.26 19.09 24.65 26.63 29.19 33.27
52 Week Low (Rs) - 7.23 7.64 11.81 12.78 12.86 16.00 18.47 24.34 23.57 28.28
Net Assets (Rs.Cr) 1122.34 410.64 381.85 277.35 149.61 182.86 691.73 4462.86 9842.88 16191.72 20578.89
Expense Ratio (%) 2.02 2.17 2.29 2.33 2.40 2.40 2.82 2.41 2.35 2.30 -

Top Holdings Quarterly Returns (%)

Q1 Q2 Q3 Q4 Year
Equity Holdings
Company Sector P/E YTD % Assets 2017 7.23 2.55 3.00 - -
2016 -2.40 7.06 4.55 -1.74 7.35
HDFC Bank Financial 30.49 55.54 3.98
2015 3.01 0.87 1.21 1.47 6.70
Motherson Sumi Automobile 83.52 73.25 2.56
2014 4.98 10.83 5.81 4.81 29.04
Hindustan Unilever FMCG 60.01 60.37 2.38
2013 -3.43 1.87 2.30 10.23 10.93
Infosys Technology 16.61 1.26 2.36
HDFC Financial 37.17 36.47 2.27
Axis Bank Financial 37.11 21.80 2.13
Trailing Returns (%)
17.90 Return Rank SIP
HCL Technologies Technology 7.80 2.08 VR
Fund Category Fund/Cat Balanced Return
Bajaj Finserv Financial 621.74 78.94 1.56
Tech Mahindra Technology 13.55 2.55 1.56 Year-to-Date 17.94 21.23 65/102 21.44 -
ICICI Bank Financial 22.72 18.86 1.52 3-Month 3.10 2.67 38/110 2.02 16.08
Britannia Inds. FMCG 65.55 63.21 1.50 6-Month 6.98 6.86 50/108 6.57 14.91
Cipla Healthcare 38.88 1.36 1.37 1-Year 18.49 21.12 63/102 21.77 15.70
Larsen & Toubro Construction 43.14 33.76 1.34 2-Year 13.79 14.89 46/83 13.91 14.90
Maruti Suzuki India Automobile 36.94 72.16 1.32 3-Year 11.06 11.18 36/67 7.59 12.57
ITC FMCG 30.68 9.88 1.26 5-Year 14.19 15.11 18/28 10.86 14.14
7-Year 13.23 11.65 7/26 8.11 14.63
Debt Holdings 10-Year 10.03 8.47 10/25 5.69 14.26
Company Sector Instruments % Assets Return less than 1-year are absolute and over 1 year are annualised
HDFC Bank Financial Bonds 2.39
ICICI Bank Financial Bonds 1.85
Top 10 Sector Weights (%) Risk Analysis
GOI GOI Securities 1.69 Fund Volatility Measurements
Sovereign
Kotak Mahindra Bank Financial Fixed Deposits 1.40 Financial 9.82 Standard Deviation 8.25
GOI Sovereign Central Government Loan 1.09 Automobile 5.36 Sharpe Ratio 0.71
Services 4.30 Beta 0.69
Portfolio Characteristics FUND STYLE FMCG 4.24 R-Squared 0.82
Total Stocks Investment Style Healthcare 3.30 Alpha 4.42
97 Growth Blend Value
Total Bonds 48 Energy 2.73
Large Medium Small

Composition (%)
Capitalisation

Avg Mkt Cap (Rs.Cr) 81184 Construction 1.86

Portfolio P/B Ratio 3.32 Technology 1.75 Equity 38.98
Portfolio P/E Ratio 27.64 Engineering 1.45 Debt 31.88
3Y Earnings Growth (%) 4.33 Chemicals 1.25 Cash 29.15
Returns as on December 15, 2017, Portfolio related data as on November 30, 2017
Best Performance Value Research Analysis Fund Objective & Strategy
YEAR 62.43%
A fund which aims at smoothing out returns to investors from market ups The scheme seeks to provide
and downs, it uses tactical-allocation calls to get to double-digit returns capital appreciation and
across varying market conditions. Its low-volatility returns have earned it
income distribution to the
a three- to four-star rating in the last four years. It follows the dynamic
asset-allocation strategy. Based on the price-to-book-value ratio of the investors by using equity
market, the fund sharply reduces equity exposure if valuations are high derivatives strategies,
and raises it if they are low. Rebalancing is done on a daily basis. Its arbitrage opportunities and
equity exposure can range anywhere between 30 and 80 per cent, with pure equity investments.
QUARTER 42.54% debt making up the rest. The fund also uses derivatives to hedge against
the downside or generate arbitrage returns. Thus, this fund's NAV is
unlikely to fall as much as peers' in a steep market fall or in an extended
bear market. The debt portion is actively managed for interest-rate views.
The fund has outpaced its benchmark in seven of the past eight years
since launch. It manages losses very well in falling markets and gives
decent returns in a range-bound market. In runaway bull phases, it tends
to underperform the category. The dynamic allocation has worked in
MONTH favour of the fund over three- and five-year time frames. The equity portion
16.85%
is mainly invested in large-cap stocks. In the debt portion, duration calls
help make the most of rate declines and the fund also makes a measured
allocation to below-AAA corporate bonds for higher accruals. An ideal
fund for investors to get to double-digit returns without too many nasty
bumps along the way.
Portfolio Manager

Worst Performance Manish Banthia

Since Nov 2009

YEAR -41.22%

Rajat Chandak
Since Sep 2015

Sankaran Naren
Since Jul 2017
QUARTER -28.77%

Vinay Sharma
Since Jul 2017

MONTH -25.94%
Investment Information

AMC : ICICI Prudential Asset Management Company Ltd Min Investment (Rs.) : 5000
Website : www.icicipruamc.com Min SIP Investment (Rs.) : 1000
Registrar : Computer Age Management Services Ltd. Exit Load : For units in excess of 15% of the
Launch : December 2006 investment,1% will be charged for redemption within
540 days
Benchmark : Crisil Balanced Fund Aggressive
All the graphs are rebased to 10,000 Plans (NAV) : Dividend (15.95) , Dividend Monthly (14.78) , Dividend Quarterly (12.68) , Growth (33.26)

NAV VR Balanced
How to Read the Fundcard - Balance

Value Research Rating, Risk and Return

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 eight-
een months, while taking into account the risks that the fund has taken. This rating is relative to other fund of the same type.
z 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 rel-
ative to other fund of the same type.
z Returns Grade — A five-step grading of the returns of a fund. This grade is relative to other fund of the same type.

History
Fund Performance Vs Index
Data on the fund’s performance Sample Mutual Fund
since its launch. Graph of how an investors’ money
z NAV (Year End) — The last
Rating:  Fund Performance Vs VR Balanced would have grown in the fund since
Risk: Below Average 62000
NAV of each year. Return: High its launch. Hybrid funds are com-
z Total Return — The percent-
49000
pared to a syntehtic index created
Fund
age returns that an investor VR Balanced
36000 by Value Research. This index is a
would have got over the (Rebased to 10,000) 23000
hybrid of fixed-income and equity
year. indices. For ease of comparison,
10000

z +/- — In the given year, a both have been adjusted to start at

History 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
comparison of the fund’s NAV (Rs) - 12.84 10.41 9.01 10.19 18.20 22.11 29.00 38.48 58.21 36.11 10,000.
returns with that of a compa- Total Return (%)
+/-VR Balanced (%)
-
-
-
-
-18.93
-
-13.45
-9.63
13.10
6.37
78.61
39.12
21.48
14.50
31.16
6.43
32.70
3.85
51.26
8.40
-37.97
1.78
rable index +/-Crisil Balanced (%) - - - - - 35.20 13.17 8.01 7.48 14.49 -3.77

z Rank — The fund’s perform- Rank (Fund/Category) - - 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
ance rank within its category 52 Week Low (Rs) - 9.92 9.78 7.79 8.96 10.04 16.56 21.12 27.95 35.87 33.70

for the year and the total 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
number of funds out of Quarterly Returns (%)
Top Holdings Quarterly Returns (%)
which it has been ranked. Q1 Q2 Q3 Q4 Year
z 52-Week NAV Range — The
Equity Holdings
Company Sector P/E 2008 Ret % Assets
2008 -19.95 -7.07 -2.18 -14.77 -37.97 The funds’ returns over each quar-
highest and the lowest NAV Hindustan Unilever FMCG 26.70 16.99 5.73
2007 -3.46 17.58 10.18 20.95 51.26 ter of the last five years, along with
2006 17.52 -7.78 11.99 9.33 32.70
that the fund recorded dur- 70 HDFC Bank
Infosys Technologies
Financial
Technology
20.67
14.29
-42.26
-36.79
4.81
3.46
2005 0.36 3.83 16.62 7.93 31.16 the entire year’s returns.
ing that year Reliance Industries Energy 11.50 -57.30 3.06 2004 -0.55 -3.65 10.84 14.38 21.48
BPCL Energy -- -28.19 2.88
Trailing Returns (%)
z Net Assets — The total Glaxosmithkline Pharma Health Care 21.91 11.36 2.65
Return Rank VR SIP
amount of investor’s assets Nestle India
Indian Oil
FMCG
Energy
26.11
--
-3.14
-46.33
2.39
2.20
Fund Category Fund/Cat Balanced Return

that the fund was managing ONGC Energy 8.31 -46.00 1.32 Year-to-Date
3-Month
-37.97
-14.77
-41.07
-14.63
9/32
16/32
-39.76
-14.15
-32.41
-9.81
Bharat Electronics Engineering 6.19 -64.23 1.24
at the end of the year. Glaxosmithkline Consumer FMCG 11.52 -22.06 1.07 6-Month -16.62 -17.27 17/32 -16.54 -30.30 Trailing Returns (%)
1-Year -37.97 -41.07 9/32 -39.76 -32.41
z Expense Ratio — The per- Cipla Health Care 22.87 -12.09 1.04
2-Year -3.14 -8.62 4/31 -7.23 -16.33
centage of the average daily
Tata Consultancy Services
Maruti Suzuki India
Technology
Automobile
12.79
10.08
-55.87
-47.47
1.01
1.00 3-Year 7.58 2.42 2/30 3.51 -5.17 Performance data for various stan-
assets that the fund charged
HDFC Financial 17.10 -48.21 0.88 5-Year
7-Year
14.68
21.93
10.73
18.06
6/26
2/20
8.15
11.94
8.95
17.67
dard periods. All returns are in per-
as its management expens-
Debt Holdings
Company Sector Instruments % Assets
10-Year - - - - - centage. Periods greater than a
Return less than 1-year are absolute and over 1 year are annualised
es during the year. IDBI Bank Financial Floating Rate Bond 14.18
Top 10 Sector Weights (%) Risk Analysis year are annualised, shorter peri-
HDFC
LIC Housing Fin.
Financial
Financial
Debentures
Floating Rate Notes
13.00
7.63 Fund Volatility Measurements
ods are not.
Axis Bank Financial Fixed Deposits 2.36 Energy 11.25 Standard Deviation 22.51 z Fund — The fund’s own
FMCG 10.55
returns.
Bank of Baroda Financial Fixed Deposits 1.18 Sharpe Ratio 0.21
Health Care 7.31 Beta 0.91
Portfolio Characteristics
FUND STYLE
Financial Services 5.91 R-Squared 0.91 z Category — The average
Top Holdings Total Stocks
Total Bonds
67
6
Investment Style
Growth Blend Value
Technology
Engineering
5.54
2.93
Alpha 3.71
returns for all funds in the cate-
Composition (%)
gory.
Large Medium Small

Avg Mkt Cap (Rs.Cr) 11393 Services 2.74

A detailed report on the latest
Capitalisation

P/B Ratio 5.36 Automobile 2.00 Equity 57.03

investment portfolio that the fund P/E Ratio 13.65 Chemicals 1.27
Debt 34.83 z Rank — The funds rank, out of
Communication 1.25
the total number of funds in the
3Y Earnings Growth (%) 4.27
Cash 8.14
is holding. For each stock, the Returns as on 31st December 2008, Portfolio-related data as on 30th November 2008
sector, the P/E ratio and the category
year’s returns are given. For z Index — The returns of the

debt holdings, the sector and the fund’s benchmark index.

type of instrument are given. z SIP Return (Annualised) —
The return that an investor
would have made by investing
in the fund’s monthly systemat-
Fund Style Top 10 Sector Composition (%) ic investment plan over the
Portfolio Characterstics Weights (%) period.
A nine-cell matrix is the overall style The proportion of
Aggregate measures regarding of equity investment that the fund The percentage of the fund’s holdings
the fund’s investments. The mar- follows. Vertically, the three steps the equity invest- that are held in
ket capitalization, P/B ratio and denote the weighted average market ments of the fund each of the three
P/E ratio are weighted averages capitalisation of the fund’s invest- that fall under each basic types of
of the latest numbers of the com- ments. Denoted horizontally, on a sector of the econo- assets. Risk Analysis
panies that the fund is invested weighted average basis, whether the my. The top 15 sec-
in. Three Year Earnings Growth companies that the fund has invest- tors for each fund A range of statistical measures that
is the weighted average of the ed in are value stocks, growth are given. can be used to evaluate the per-
compounded average growth in stocks, or a blend of the two. formance, risk, and return of a
the net profits of each company. mutual fund.