SIP Insure - Prudential ICICI Asset Management

ICICI Prudential Banking & Financial Services Fund
Open Ended Equity Scheme
WHY SHOULD ONE INVEST
Long term investment of funds having potential for capital
appreciation in banking & financial services sector
Wealth Creation
Oriented Solution
Style Box
66%
26%
8%
Fund Details
Fund Managers** :
Venkatesh Sanjeevi
(Managing this fund since Feb, 2012 &
Overall 5 years of experience of which 4
years as equity analyst)
Indicative Investment Horizon: 5 yrs
and more
Inception date: 22-08-2008
AAUM as on 31-Mar-12: Rs.140.76crores
NAV (As on 30-Apr-12):
Growth option : Rs. 17.29
Dividend option : Rs. 16.94
Options :
Growth & Dividend
Default Option : Growth
Application Amount :
Rs.5,000 (plus in multiples of Re.1)
Min.Addl.Investment :
Rs.1000 & in multiples thereof
Exit load for Redemption / Switch
out :- Lumpsum & SIP / STP / SWP
Investment Option
Upto 1 Year from allotment - 1% of
applicable NAV, more than 1 Year - Nil
Min.Redemption Amt. :
Rs.500
SIP :
Monthly: Minimum Rs. 1,000/- plus 5
post dated cheques for a minimum of
Rs. 1,000/- each; Quarterly: Minimum
Rs. 5,000/- plus 3 post dated cheques of
Rs. 5,000/- each.
SWP :
Minimum of Rs.500 and multiples of
Re.1/-
STP :
Minimum Amount Rs. 1,000/-;
Maximum Period: 10 years :
Available.
Particulars
March 31, 2011 to
March 31, 2012
Banks 80.67%
HDFC Bank Ltd. 22.77%
ICICI Bank Ltd. 17.35%
IndusInd Bank Ltd. 6.38%
Bank Of Baroda 5.59%
Axis Bank Ltd. 4.83%
State Bank Of India 4.42%
ING Vysya Bank Ltd. 3.78%
Standard Chartered PLC - IDR 3.52%
Karur Vysya Bank Ltd. 2.73%
City Union Bank Ltd. 1.95%
Federal Bank Ltd. 1.93%
Oriental Bank Of Commerce 1.85%
Union Bank Of India 1.55%
Yes Bank Ltd. 1.17%
Punjab National Bank 0.86%
Finance 13.43% 3.54%
HDFC Ltd-Futures 3.54%
Mahindra & Mahindra Financial Services Ltd. 6.55%
Sundaram Finance Ltd. 5.39%
IDFC Ltd. 1.48%
Short Term Debt and other current assets 2.37%
Total Net Assets 100.00%
Top Ten Holdings
March 31, 2010 to
March 31, 2011
March 31, 2009 to
March 31, 2010
Since inception
Absolute Returns (%) Absolute Returns (%) Absolute Returns (%) Current Value
of Investment
of Rs. 10000
Scheme -10.54 24.25 115.06 17140.00 16.12
Benchmark -11.64 24.85 137.19 17655.65 17.08
S&P CNX Nifty -9.23 11.14 73.76 12237.11 5.76
NAV Per Unit (Rs) 19.16 15.42 7.17 10.00
Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other
investment. Date of inception:22-Aug-08. Performance of dividend option would be Net of Dividend distribution tax, if any. Benchmark is
BSE BANKEX . For computation of since inception returns (%) the allotment NAV has been taken as Rs. 10.00. Load is not considered for
computation of returns. In case, the start/end date of the concerned period is a nonbusiness date (NBD), the NAV of the 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.
Total Schemes managed by the Fund Manager is 1 . Refer annexure on page no. 87 for performance of schemes currently managed by
Mr. Venkatesh Sanjeevi (fund manager).
Portfolio as on April 30,2012
Returns of Growth Option as on March 31, 2012
Company/Issuer % to % to NAV
NAV Derivatives
CAGR
(%)
Quantitative Indicators
Average P/E : 14.37 Average P/BV : 2.35 Average Dividend Yield : 1.43 Annual Portfolio Turnover Ratio : 0.76 times
Std Dev (Annualised) : 30.76% Sharpe Ratio : 0.63 Portfolio Beta : 0.81 R squared : 0.96
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 past
one year (since inception for schemes that have not completed a year). The figures are not netted for derivative transactions.
Risk-free rate based on the last 91-day T-Bill cut-off of 8.3946%.
**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.
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