SIP Insure - Prudential ICICI Asset Management
SIP Insure - Prudential ICICI Asset Management
SIP Insure - Prudential ICICI Asset Management
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<strong>ICICI</strong> <strong>Prudential</strong> Services Industries Fund<br />
Open Ended Equity Fund<br />
Wealth Creation<br />
Oriented Solution<br />
WHY SHOULD ONE INVEST<br />
Long term investment of funds for capital appreciation derived<br />
from the growth potential of the service industries sector<br />
Style Box<br />
Fund Details<br />
Fund Managers** :<br />
67%<br />
19%<br />
14%<br />
Yogesh Bhatt<br />
(Managing this fund since Feb, 2012 & 20<br />
Years of experience in Fund Mangement)<br />
Indicative Investment Horizon: 5 yrs<br />
and more<br />
Inception date: 30-11-2005<br />
AAUM as on 31-Mar-12: Rs.171.70crores<br />
NAV (As on 30-Apr-12):<br />
Growth option : Rs. 16.24<br />
Dividend option : Rs. 12.21<br />
Options :<br />
Growth & Dividend<br />
Default Option : Growth<br />
Application Amount :<br />
Rs.5,000 (plus in multiples of Re.1)<br />
Min.Addl.Investment :<br />
Rs.500 & in multiples thereof<br />
Exit load for Redemption / Switch<br />
out :- Lumpsum & <strong>SIP</strong> / STP / SWP<br />
Investment Option<br />
Upto 1 Year from allotment - 1% of<br />
applicable NAV, more than 1 Year - Nil<br />
Min.Redemption Amt. :<br />
Rs.500<br />
<strong>SIP</strong> :<br />
Monthly: Minimum Rs. 1,000/- plus 5<br />
post dated cheques for a minimum of<br />
Rs. 1,000/- each; Quarterly: Minimum<br />
Rs. 5,000/- plus 3 post dated cheques of<br />
Rs. 5,000/- each.<br />
SWP :<br />
Minimum of Rs.500 and multiples of<br />
Re.1/-<br />
STP :<br />
Minimum Amount Rs. 1,000/-;<br />
Maximum Period: 10 years :<br />
Available.<br />
Particulars<br />
March 31, 2011 to<br />
March 31, 2012<br />
Returns of Growth Option as on March 31, 2012<br />
March 31, 2010 to<br />
March 31, 2011<br />
March 31, 2009 to<br />
March 31, 2010<br />
Since inception<br />
Absolute Returns (%) Absolute Returns (%) Absolute Returns (%) Current Value of<br />
Investment of Rs.<br />
10000<br />
Kalpataru Power Transmission Ltd. 1.91%<br />
Software 32.25%<br />
Infosys Ltd. 9.97%<br />
Wipro Ltd. 5.95%<br />
Infotech Enterprises Ltd. 5.55%<br />
Persistent Systems Ltd. 3.47%<br />
Financial Technologies (India) Ltd. 3.43%<br />
Mahindra Satyam Ltd 2.36%<br />
Tata Consultancy Services Ltd. 1.52%<br />
Telecom - Services 4.08%<br />
Idea Cellular Ltd. 2.74%<br />
Bharti Airtel Ltd. 1.33%<br />
Short Term Debt and other current assets 8.07%<br />
Total Net <strong>Asset</strong>s 100.00%<br />
Top Ten Holdings<br />
Quantitative Indicators<br />
Average P/E : 18.84 Average P/BV : 3.07 Average Dividend Yield : 1.37 Annual Portfolio Turnover Ratio : 0.79 times<br />
Std Dev (Annualised) : 24.66% Sharpe Ratio : 0.47 Portfolio Beta : 0.95 R squared : 0.95<br />
Portfolio turnover has been computed as the ratio of the lower value of average purchase and average sales, to the average net assets in the<br />
past one year (since inception for schemes that have not completed a year). The figures are not netted for derivative transactions.<br />
Risk-free rate based on the last 91-day T-Bill cut-off of 8.3946%.<br />
**In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Punit Mehta to extent of ADR/GDR exposure only.<br />
CAGR (%)<br />
Scheme -6.46 8.94 99.03 16650.00 8.38<br />
Benchmark -10.12 16.46 76.33 18922.66 10.59<br />
S&P CNX Nifty -9.23 11.14 73.76 19966.26 11.53<br />
NAV Per Unit (Rs) 17.80 16.34 8.21 10.00<br />
Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other<br />
investment. Date of inception: 30-Nov-05. Performance of dividend option would be Net of Dividend distribution tax, if any. Benchmark<br />
is CNX Service Sector Index. For computation of since inception returns (%) the allotment NAV has been taken as Rs. 10.00. Load is not<br />
considered for computation of returns. In case, the start/end date of the concerned period is a nonbusiness date (NBD), the NAV of the<br />
previous date is considered for computation of returns. The NAV per unit shown in the table is as on the start date of the said period.<br />
Total Schemes managed by the Fund Manager is 6 . Refer annexure on page no. 87 for performance of schemes currently managed by<br />
Mr. Yogesh Bhatt (fund manager).<br />
Portfolio as on April 30,2012<br />
Company/Issuer % to NAV Company/Issuer % to NAV<br />
Auto Ancillaries 0.02%<br />
Motherson Sumi Systems Ltd. 0.02%<br />
Banks 24.45%<br />
HDFC Bank Ltd. 8.61%<br />
<strong>ICICI</strong> Bank Ltd. 8.13%<br />
Axis Bank Ltd. 3.38%<br />
Union Bank Of India 3.12%<br />
Standard Chartered PLC - IDR 1.21%<br />
Engineering Services 3.45%<br />
Engineers India Ltd. 3.45%<br />
Finance 15.30%<br />
HDFC Ltd 9.93%<br />
IDFC Ltd. 3.25%<br />
Mahindra & Mahindra Financial Services Ltd. 2.12%<br />
Gas 0.73%<br />
Gujarat State Petronet Ltd. 0.73%<br />
Healthcare Services 0.50%<br />
Bilcare Ltd. 0.50%<br />
Industrial Capital Goods 1.29%<br />
TRF Ltd. 1.29%<br />
Media & Entertainment 2.88%<br />
Jagran Prakashan Ltd. 2.88%<br />
Oil 1.82%<br />
Cairn India Ltd. 1.82%<br />
Pharmaceuticals 3.26%<br />
Torrent Pharmaceuticals Ltd. 2.04%<br />
Cipla Ltd. 1.22%<br />
Power 1.91%<br />
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