February 22, 2013 February 25, 2013 - AMFI

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• Different types of securities in which the Scheme would invest as given in the Scheme Information Document carry different levels and types of risk. Accordingly the scheme’s risk may increase or decrease depending upon its investment pattern. E.g. corporate bonds carry a higher amount of risk than Government securities. Further even among corporate bonds, bonds which are AAA rated are comparatively less risky than bonds which are AA rated. • Scheme Specific Risk Factors and Risk management strategies The Fund by utilizing a holistic risk management strategy will endeavor to manage risks associated with investing in debt markets. The risk control process involves identifying & measuring the risk through various risk measurement tools. The Fund has identified following risks of investing in debt and have designed risk management strategies, which are embedded in the investment process to manage such risks. Scheme Information Document ICICI Prudential Fixed Maturity Plan – Series 66 – 413 Days - Plan G 8
Risk & Description specific ic to Debt Market Risk As with all debt securities, changes in interest rates may affect the Scheme’s Net Asset Value as the prices of securities generally increase as interest rates decline and generally decrease as interest rates rise. Prices of long-term securities generally fluctuate more in response to interest rate changes than do short-term securities. Indian debt markets can be volatile leading to the possibility of price movements up or down in fixed income securities and thereby to possible movements in the NAV. Liquidity or Marketability Risk This refers to the ease with which a security can be sold at or near to its valuation yield-tomaturity (YTM). The primary measure of liquidity risk is the spread between the bid price and the offer price quoted by a dealer. Liquidity risk is today characteristic of the Indian fixed income market. Credit Risk Credit risk or default risk refers to the risk that an issuer of a fixed income security may default (i.e., will be unable to make timely principal and interest payments on the security). Because of this risk corporate debentures are sold at a higher yield above those offered on Government Securities which are sovereign obligations and free of credit risk. Normally, the value of a fixed income security will fluctuate depending upon the changes in the perceived level of credit risk as well as any actual event of default. The greater the credit risk, the greater the yield required for someone to be compensated for the increased risk. Reinvestment Risk This risk refers to the interest rate levels at which cash flows received from the securities in the Scheme are reinvested. The additional income from reinvestment is the “interest on interest” component. The risk is that the rate at which interim cash flows can be reinvested may be lower than that originally assumed. Risk mitigants / management strategy The fund will invest in a basket of debt and money market securities maturing on or before maturity of the Scheme with a view to hold them till the maturity of the Scheme. While the interim NAV will fluctuate in response to changes in interest rates, the final NAV will be more stable. To that extent the interest rate risk will be mitigated at the maturity of the scheme. The Scheme may invest in government securities, corporate bonds and money market instruments. While the liquidity risk for government securities, money market instruments and short maturity corporate bonds may be low, it may be high in case of medium to long maturity corporate bonds. Liquidity risk is today characteristic of the Indian fixed income market. The fund will however, endeavor to minimise liquidity risk by investing in securities having a liquid market. A traditional SWOT analysis will be used for identifying company specific risks. Management’s past track record will also be studied. In order to assess financial risk a detailed assessment of the issuer’s financial statements will be undertaken to review its ability to undergo stress on cash flows and asset quality. A detailed evaluation of accounting policies, off-balance sheet exposures, notes, auditors’ comments and disclosure standards will also be made to assess the overall financial risk of the potential borrower. Reinvestment risks will be limited to the extent of coupons received on debt instruments, which will be a very small portion of the portfolio value. Scheme Information Document ICICI Prudential Fixed Maturity Plan – Series 66 – 413 Days - Plan G 9
Page 1 and 2: SCHEME INFORMATION DOCUMENT ICICI P
Page 3 and 4: Table of Contents HIGHLIGHTS/SUMMAR
Page 5 and 6: LOAD STRUCTURE Entry Load Exit Load
Page 7: I. . INTRODUCTION A. RISK FACTORS S
Page 11 and 12: D. DEFINITIONS In this SID, the fol
Page 13 and 14: (4) “Bilateral MoU with SEBI” s
Page 15 and 16: II. INFORMATION ABOUT THE SCHEME A.
Page 17 and 18: D.WHERE WILL THE SCHEME INVEST? Sub
Page 19 and 20: E.WHAT ARE THE INVESTMENT STRATEGIE
Page 21 and 22: • A written communication about t
Page 23 and 24: I. WHAT ARE THE INVESTMENT RESTRICT
Page 25 and 26: J. HOW HAS THE SCHEME PERFORMED?
Page 27 and 28: Applicants under each of the respec
Page 29 and 30: Where can you submit the filled up
Page 31 and 32: purchase, redemption, switch, divid
Page 33 and 34: Bank Mandate Requirement For all fr
Page 35 and 36: ank mandate will not be processed.
Page 37 and 38: ICICI Prudential Mutual Fund Securi
Page 39 and 40: Minimum amount for purchase/redempt
Page 41 and 42: Monthly and Half yearly Portfolio D
Page 43 and 44: Taxation The information is provide
Page 45 and 46: IV. FEES AND EXPENSES This section
Page 47 and 48: Provided further that amount incurr
Page 49 and 50: giving a point-wise reply to show t
Page 51 and 52: initiated by the Corporation agains
Page 53 and 54: 10.The bank has paid the penalty on
Page 55 and 56: which appears to it to be necessary
Page 57 and 58: Other Cities: Additional official t
Page 59 and 60:
Road, Jodhpur-342003, Rajasthan Tel
Page 61 and 62:
3206887 • Thiruvalla: Central Tow
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February 22, 2013 February 25, 2013 - AMFI

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