Where is India as an Innovation Country…!!!

 Global Innovation Index

 India at 40th Rank – Last year at 46th
 India enter the top 40 for First Time ever
 st
India was at 81 Rank in 2015
 India is First in Lower middle income group

Source : GII Education Purpose Only

Good Price don’t come with Good News
Nov ’10 Jan ‘15 Jan ‘20 Nov ‘22
?????
21,079 29,844 42,273 63,303

Oct ’08 Dec ‘11 Feb ‘16 Mar ‘20

7,697 15,135 22,494 25,638

US Greece Inflation
GFC Corona
Rating’s Default & War

Jan ‘08 Nov ‘10 Jan ‘15 Jan ‘20 Nov ‘22
21,206 21,079 29,844 42,273 63,303

Source : bseindia, google

Top Innovative Companies in India – 2022

 Tata Chemical (High Dispersible Silica - Patented)

 Tata Elxi (Future of Connected TV)
• Mahindra & Mahindra
• Uno Minda
• Bosch
• National Engineering
• Dr Reddy’s Laboratories
• Dalmia Cements
• Tata Steel
• Fluid Controls
• BHEL
• Polymedicure
• Tata Motors
• Elico
• Thermax
• Lohum
• Pidilite Industries
• GPK Logistech
• SONA BLW
• Access healthcare
• Nestle
• Praj Industries
• Tata Power
Source : CII Education Purpose Only
Change is Constant - Innovation is Continuous Process

Leader Bring a Change

Success Change before the Change

Survive Change with the Change

Failure Don’t Change with the Change

Innovation Process
Innovation helps to Grow the company
Growth

Innovate

Growth

Clarify Ideate Develop Implement

Leaders Which Failed Due to Lack of Innovation
• This is the Company was Leader in Camera Category in • Kodak
20th Century, failed due to lack of focus on Digital Camera
• Japanese brand company used to be an electronic giant with
Sony, Panasonic, and Sharp. The electronics industry changed, • Hitachi
and consumers don't have as much desire for high-priced
products. In addition, the digital revolution changed the way
electronic gadgets work
• The product was one of the first large-scale attempts at
capitalizing on artificial reality. The buzz around the product • Google
was crazy, and had so much potential. But when the product Glass
launched in 2015, its high price and privacy concerns,
combined with a general lack of awareness of consumer
needs, never saw the product go mainstream.
• In 1908, this car maker was the largest automobile manufacturer • General
from 1932 through 2007. By failing to innovate and ignoring the
competition. Motors
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Leaders Which Failed Due to Lack of Innovation
• This Company, a line of smartphones and tablets, was successful in
1998. They changed the game in the mobile industry by offering a • BlackBerry
device with an arched keyboard. A few years later, the mobile
industry started focusing on more extensive touchscreen displays
Failing to adapt to changes

• This Company was the first to create a cellular network in the • Nokia
world. In the late 1990s and early 2000s, It was the global leader in
mobile phones. Failed due to late entry in Smart Phone race.

• In 2005, this company was one of the leading players in the online • Yahoo
advertising market. But it undervalued the importance of Search in
favor of pursuing a presence in traditional media outlets.

• This company was the first to invent the PC, and its product was • Xerox
way ahead of its time.
The information contained herein is solely for private circulation for reading / understanding of registered Mutual Fund Distributors and should not be circulated to investors/prospective investors.
Company Which Innovated Becomes Giant Leaders
• This is the Company was in housing finance, thought differently in • Bajaj Finance
consumer finance and become leader in category

• This Company was know for Trucks company innovated in two • Eicher
wheeler and became leader in his segment. Stock price zoomed Motors
from 271 to 2900 approx.

• This company was small Gujarat based sepeciality chemical

company, they have innovated in process and product and become • Deepak
sheer leader in space and stock price zoomed from Rs. 10 to Rs Niterate
1800 Approx in last 10 years.

• This Company is working in Defence and has given us First • HAL

indigenous Fighter jet and Light Combat Helicopters. Stock price
zoomed from 500 in covid to 2500 approx in last 3 years.
The information contained herein is solely for private circulation for reading / understanding of registered Mutual Fund Distributors and should not be circulated to investors/prospective investors.
Company Which Innovated Becomes Giant Leaders
• This is the Company is leader in Electric Bus category and currently • Olectra
working in EV trucks and Hydrogen engine Buses tie us with Greentech
Reliance industries. Stock Price zoomed from 10 Rs to 800 aprox in
last 10 years.
• This Company was first to launch EV two wheeler in 2008 failed due • Tube
to market was not matured, re-launched EV three wheelers and
becoming market leader. Stock price zoomed from 200 to 2600 in
Investement
last 3 years.
• This company is one of the few company who have got 20%
Revenue growth in last 60 years and leader in category. This • Asian Paints
company have invested in technology by buying super computer
way early than ISRO and IIT in 1970’s. Stock price zoomed from 500
to 2600 in last 10 years.
• This company is Automobile company, Innovated in SUV segment. •M&M
Before covid the SUV sale was 15% currently its 50% in overall PV
sales and this company in market leader in this space.
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Innovation means Competitive Advantage

Known for
Commercial
Vehicle
Growth Intact Royal Enfield -
- Hunter 350 2013

Enter in
Competitive
Europe :
Advantage
Global Brand

Strong Balance Leader in

Sheet Premium Bikes
Increase
Revenues
Lets look at the Past

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 US Markets in 2012
Low Valuations 10 Year S&P 500 Returns were 3.5% CAGR
Negative Sentiments due to past returns & 2008
Negative Sentiments Recession
Trigger Growth Picking up in US. Weak Indian Macros

Performance of ICICI Prudential US Bluechip Equity

Fund since Inception (July 2012)
1 Lac invested in NFO became

4.67 Lacs on March ‘23

The information contained herein is solely for private circulation for reading / understanding of registered Mutual Fund Distributors and should not be circulated to investors/prospective investors.
 Pharma & Healthcare in June 2018
BSE Health Care index three year absolute return
Low Valuations Negative 29%
Negative Sentiments due to past returns.
Negative Sentiment Resulting in Muted Flows
Reduction in Regulatory Alerts in 2017 compared
Trigger to previous years.

We Launched ICICI Prudential PHD Fund in June 2018

1 Lac invested in NFO became

1.81 Lacs as on 21 Marchst 2023
81% Absolute Return in 5 Years
The information contained herein is solely for private circulation for reading / understanding of registered Mutual Fund Distributors and should not be circulated to investors/prospective investors.
 Opportunities in Commodities stocks in 2019
Commodity Index had underperformed the broader
Low Valuations market and were trading at 80% discount to Nifty 50
Negative Sentiments Sentiments were negative and hence muted flows
Trigger Government Reforms + China Factor

Performance of ICICI Prudential Commodities Fund

since Inception in Oct 2019

1 Lac invested in NFO became

2.63 Lacs as on 21st March 2023
The information contained herein is solely for private circulation for reading / understanding of registered Mutual Fund Distributors and should not be circulated to investors/prospective investors.
 Our Experience in Managing NFO as on 21st March 23
Valuation of
Inception
Fund names NAV Rs. 10,00,000 Rational to Launch
Date
Invested
ICICI Prudential 18.11 18,11,000 11-Oct 18 Government thrust for Manufacturing,
Manufacturing Fund Import Substitution, Indigenous supply
chain etc.
ICICI Prudential India 19.42 19,42,000 15-Jan-19 Hand full stock rallying, Challenging
Opportunities Fund regulatory environment etc.
ICICI Prudential Bharat 15.39 15,39,000 12-April-19 Tapping India’s long term demographic
Consumption Fund advantage
ICICI Prudential MNC 18.39 18,39,000 17-June-19 Investing in Companies with good
Fund management, operational efficiency and
better capital allocation
ICICI Prudential Quant 14.06 14,06,000 11-Dec-20 Overcoming behaviour biases and
Fund limiting human intervention
ICICI Prudential 13.46 13,46,000 18-Jan-21 Dynamism in macroeconomic indicators
Business Cycle Fund and expected changes in Market Cycle
ICICI Prudential Flexicap 11.02 11,02,000 16-Jul-21 Active management and flexibility to
Fund navigate equity market
The information contained herein is solely for private circulation for reading / understanding of registered Mutual Fund Distributors and should not be circulated to investors/prospective investors.
Our Equity Valuation Index has cooled-off meaningfully
from the highs

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