ICICI Prudential

Equity
Schemes Bluebook

MAY 2025

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Investment Avenues – Asset Classes

FIXED
INCOME
EQUITY

REAL
ESTATE

INVESTMENT COMMODITIES

2
 Investment Avenues – Asset Classes: Equity
Historically, despite short term volatilities, equity markets have created wealth for investors over long term
Wealth Creation Journey (BSE Sensex)
100000.00
Geo-Political
90000.00 Tensions between
Russia-Ukraine
Covid vaccination esclates
80000.00 success & Global
Economies recovering

70000.00

Massive
60000.00
FII Selling
Sensex Levels

50000.00 2008 Lehman

UK votes to leave EU
Crisis QE 3

40000.00 Eurozone Debt Crisis Second Wave

of Covid-19

30000.00 Quantative Easing (QE) 1

20000.00
NDA wins general Demonitisation
10000.00 QE 2 election by absolute Covid Outbreak
2nd Term for UPA majority
Govt
0.00
2003

2005
2000

2001

2002

2003

2004

2006

2007

2008

2009

2010

2011

2012

2013

2014

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025
Data Source : BSE. Data up to April 30, 2025 has been considered. Past performance may or may not be sustained in future and is not a guarantee of any future returns. UPA:
United Progress Alliance. GDP: Gross Domestic Product, EU: European Union. Sensex levels signify BSE Sensex levels. NDA: National Democratic Alliance. Covid: Coronavirus
Disease., QE: Quantitative Easing
3
 Value of INR 50,000 kept in a box

Inflation @6%
37,363

27,920 Inflation
tends to
20,863
erode
15,590
Purchasing
Power of
Money

5Y 10Y 15Y 20Y

All figures in Rs. Inflation assumed at 6%; The figures mentioned here are hypothetical and are
only for illustrative purposes. Actual figures may vary.

Inflation rate of 6% has been assumed at RBI’s upper tolerance band

4
 Good inflation adjusted returns

Investing in Equity aims to provide good inflation adjusted returns

25

20 From the Period of

17%
Inflation adjusted
2002-24, Equity
15 Equity Returns has generated an
11% annual average of
Inflation
~11% inflation
10 adjusted
6% returns
5

0
Returns
Inflation – CPI assumed @ 6% ; Equity Returns– BSE Sensex TRI. Data in CAGR terms from Jan 01, 2002 to March 31, 2025. Data Source: BSE. Past performance may or may not be
sustained in future and is not a guarantee of any future returns. CPI: Consumer Price Index. Inflation rate has been assumed at RBI’s upper tolerance band
5
 Asset class performance over years
Time Period Equity Returns (%) Fixed Income Returns (%) Gold Returns (%)
CAGR (2008-2024) 13.1 7.4 10.7
2024 8.2 8.9% 20.6%
2023 18.7% 7.3% 15.4%
2022 4.4% 2.5% 13.9%
2021 22.0% 3.4% -4.2% Equity might be
2020 15.8% 12.3% 28.0% volatile in the short
2019 14.4% 10.7% 23.8% term, but it aims to
2018 5.9% 5.9% 7.9%
give higher inflation
2017 27.9% 4.7% 5.1%
2016 1.9% 12.9% 11.3%
adjusted returns in
2015 -5.0% 8.6% -6.6% the long run!
2014 29.9% 14.3% -7.9%
2013 9.0% 3.8% -4.5%
Best Value Worst Value
2012 25.7% 9.4% 12.3%
2011 -24.6% 6.9% 31.7%
2010 17.4% 5.0% 23.2%
2009 81.0% 3.5% 24.2%
2008 -52.4% 9.1% 26.1%
Source: MFI Explorer (tool provided by ICRA Online Ltd). Calendar year returns. Past performance may or may not be sustained in future and is not a guarantee of any future returns. Data as
on Dec 31, 2024. For calculating returns of Gold, MCX prices, for Fixed Income Returns: :CRISIL Composite Bond Fund Index and for Equity: BSE Sensex values have been considered
6
 Importance of Equity in an Investor’s Portfolio

Equity is important for investors as it plays the following key

roles:

Helps in Long- Become a part owner in

term wealth a company
generation

Cash flows in the Aims to provides

form of Dividends better inflation
adjusted returns

7
 Why Equity Mutual Funds?

Professionally Managed Portfolio Diversification

Mutual funds are generally managed by Equity mutual funds tend to have well
experienced professionals diversified portfolios that help minimize
concentration risk.

Easy On Pockets Tax Planning

Minimum investment amount can be as Investing in Equity Linked Savings

low as Rs. 500 Scheme helps avail tax benefits*

Reasonable Costs

Mutual Funds offer good investment

opportunity at reasonable fund
management fees and other expenses.

* Applicable for investors opting for old tax regime. Please consult your tax advisor for more details
8
Modes of Investing in Mutual Funds?

Lump Sum or Systematic Systematic Switches

One Time Investment Transfer
Investment Plan (SIP) Plan (STP)

9
 Modes to Exit from Mutual Funds

• Lumpsum Redemption
• You can withdraw a fixed amount of money regularly from your lump-sum investment through
Systematic Withdrawal Plans.

You could invest

a lump-sum
amount in an Regular withdrawals through SWP
equity fund
SWP: Systematic Withdrawal Plan
10
ICICI Prudential
Mutual Fund
Equity Product Bouquet

11
 ICICI Prudential Select Equity Products - Fund Positioning

ICICI
Risk Appetite

ICICI Prudential
Prudential Smallcap
ICICI
Midcap Fund
ICICI Prudential
Prudential Multicap Fund
ICICI
ICICI India Fund
Prudential Opportunities
ICICI Prudential Large & Fund
ICICI Prudential Focused
Mid cap
ICICI Prudential Flexicap Equity Fund
Prudential Value Fund Fund
ICICI
ICICI Business Discovery
Prudential
ICICI Prudential Cycle Fund Fund
ESG
Prudential ELSS Tax Exclusionary
Bluechip Saver Fund Strategy
Fund
Fund

Please Note: a) Schemes which have high flexibility to move across market cap (without any minimum allocation to a particular market cap) and/or b) scheme which have flexibility to
move across sectors or themes and/or c) schemes which have no restriction on stock limit have been classified as moderate funds and the remaining has been classified as aggressive
funds. The investment approach and asset allocation strategy will be as per the Scheme Information Document. Please refer to the Scheme Information Document for more details
12
 ICICI Prudential Bluechip Fund
Scheme Category: Large cap Scheme Characteristics

WHY SHOULD ONE INVEST? Minimum investment in equity instruments of Large

Cap companies: 80%
• Adopts buy and hold approach in high conviction stocks
• Sector neutral approach in comparison to the benchmark Investment Style

Growth Style

WHO SHOULD INVEST?

Investors seeking to establish the core part of their portfolio Inception Date
through Large caps
23 May, 2008

Exit Load
WHAT IS THE IDEAL HOLDING PERIOD?
5 years and above Upto 1 Year from allotment - 1% of applicable NAV,
more than 1 Year - Nil

Fund Manager
MARKET CAPITALIZATION
Large Cap 93% Mr. Anish Tawakley & Mr Vaibhav Dusad
Mid Cap 6% Benchmark & AUM
Small Cap 1%
Benchmark: Nifty 100 TRI
AUM: Rs. 68,033.75 crores
Data as on April 30, 2025. Market Cap classification is as per AMFI classification. The investment approach and asset allocation strategy will be as per the Scheme
Information Document. The fund manager may adopt various styles basis the market trends.
13
 ICICI Prudential ELSS Tax Saver Fund
Scheme Category: Equity Linked Savings Scheme (ELSS) Scheme Characteristics

WHY SHOULD ONE INVEST? The scheme has a statutory lock in of 3 years and tax
benefit*
• Provides combination of tax savings and long term
wealth creation
• Three year lock in period provides flexibility to Fund Manager Investment Style
to select stocks with a long term perspective
A blend of growth and value style

WHO SHOULD INVEST?

Investors who wish to utilize the benefits of both investing in Inception Date
equities and tax savings
19 Aug, 1999

Exit Load
WHAT IS THE IDEAL HOLDING PERIOD?
5 years and above Nil

Fund Manager
MARKET CAPITALIZATION
Mr. Mittul Kalawadia
Large Cap 77%
Mid Cap 11%
Benchmark & AUM
Small Cap 12% Benchmark: Nifty 500 TRI
AUM : Rs. 14,121.07 crores
Data as on April 30, 2025. Market Cap classification is as per AMFI classification. The investment approach and asset allocation strategy will be as per the Scheme Information Document.
*Applicable for investors opting for old tax regime. Please consult your tax advisor for more details. The fund manager may adopt various styles basis the market trends. The name of the
scheme has been modified from ICICI Prudential Long Term Equity Fund (Tax Saving) to ICICI Prudential ELSS Tax Saver Fund, with effect from 3 November 2023.
14
 ICICI Prudential ESG Exclusionary Strategy Fund

Scheme Category: Thematic Scheme Characteristics

The scheme invests in companies identified based on the
Environmental, Social and Governance (ESG) theme following
WHY SHOULD ONE INVEST? the Exclusion Strategy.
A scheme investing in companies identified based on the Investment Style
Environmental, Social and Governance (ESG) theme following the
Exclusion Strategy Growth Style

WHO SHOULD INVEST? Inception Date

Investors who wish to invest in diverse bucket of actively
managed ESG-compliant companies for long term wealth 09 Oct, 2020
creation
Exit Load

WHAT IS THE IDEAL HOLDING PERIOD? Upto 12 months from allotment - 1% of

5 years and above applicable NAV, more than 12 months - Nil

Fund Manager

MARKET CAPITALIZATION Mr. Mittul Kalawadia

Large Cap 76%
Mid Cap 5%
Benchmark & AUM
Benchmark: NIFTY 100 ESG TRI
Small Cap 19% AUM: Rs. 1,487.89 crores
Data as on April 30, 2025. Market Cap classification is as per AMFI classification. The investment approach and asset allocation strategy will be as per the Scheme Information Document. The fund
manager may adopt various styles basis the market trends. The name of the scheme has been modified from ICICI Prudential ESG Fund to ICICI Prudential ESG Exclusionary Strategy Fund, with
effect from 29 December 2023. 15
 ICICI Prudential Business Cycle Fund
Scheme Category: Thematic Scheme Characteristics
WHY SHOULD ONE INVEST?
Scheme following business cycles based investing theme
• Top Down Approach of investing, based on various macro
indicators – inflation, growth, fiscal deficit, etc.
• Invests across Marketcap, Themes, Sectors
Investment Style

A blend of Value and Growth style

WHO SHOULD INVEST?
Investors willing to adopt opportunistic approach to invest
across cycles through macro approach over the long term Inception Date

18 Jan, 2021

WHAT IS THE IDEAL HOLDING PERIOD?

Exit Load
5 years and above
Upto 1 month from allotment - 1% of applicable NAV
More than 1 month- Nil
MARKET CAPITALIZATION
Fund Manager
Large Cap 83%
Mid Cap 10% Mr Anish Tawakley, Mr Lalit Kumar & Mr Manish
Banthia
Small Cap 7%
Benchmark & AUM
Data as on April 30, 2025. Market Cap classification is as per AMFI classification. The
Benchmark: Nifty 500 TRI
investment approach and asset allocation strategy will be as per the Scheme Information
Document. The fund manager may adopt various styles basis the market trends. AUM: Rs. 12,375.04 crores
24
 ICICI Prudential Value Discovery Fund
Scheme Category: Value Fund Scheme Characteristics
WHY SHOULD ONE INVEST? Minimum equity exposure of 65% following a value
investment strategy
• Follows value approach, which involves selecting stocks which
are trading less than their intrinsic values.
• Invests across market-cap Investment Style

Value Style
WHO SHOULD INVEST?
Investors willing to invest for a long term capital growth and
aim to take benefit of value unlocking in companies Inception Date

16 Aug, 2004

WHAT IS THE IDEAL HOLDING PERIOD? Exit Load

5 years and above
Upto 12 months from allotment - 1% of
applicable NAV, more than 12 months- Nil

MARKET CAPITALIZATION
Fund Manager
Large Cap 86%
Mid Cap 9% Mr Sankaran Naren, Mr Dharmesh Kakkad and Ms
Masoomi Jhurmarvala
Small Cap 5%
Benchmark & AUM
Data as on April 30, 2025. Market Cap classification is as per AMFI classification. The investment
approach and asset allocation strategy will be as per the Scheme Information Document. The fund Benchmark: Nifty 500 TRI
manager may adopt various styles basis the market trends. AUM: Rs. 51,111.88 crores
16
 ICICI Prudential Flexicap Fund
Scheme Category: Flexicap Fund Scheme Characteristics
WHY SHOULD ONE INVEST? Investing across large cap, mid cap & small cap stocks
• Mix of top-down & bottom-up approach for stock selection across
market caps
• Follows in-house Marketcap model for appropriate allocation Investment Style
across Large, Mid & Smallcap basis market conditions
A blend of growth and value style
WHO SHOULD INVEST?
Investors willing to stay invested for a long term & aims to seek
benefit from dynamic nature of the scheme in navigating across Inception Date
market capitalization
17 July, 2021

WHAT IS THE IDEAL HOLDING PERIOD? Exit Load

5 years and above
Upto 12 months from allotment - 1% of
applicable NAV, more than 12 months- Nil

MARKET CAPITALIZATION Fund Manager

Large Cap 69%
Mid Cap 8% Mr Rajat Chandak

Small Cap 23%

Benchmark & AUM
Data as on April 30, 2025. Market Cap classification is as per AMFI classification. Investment Benchmark : BSE 500 TRI
approach and asset allocation strategy will be as per the Scheme Information Document. . In order
AUM: Rs. 16,677.22 crores
to manage the scheme and to ensure that the Scheme attains its investment objective, the AMC has
developed an in-house model to invest across market caps in a structured manner. The fund manager may adopt various styles basis the market trends. 17
 ICICI Prudential Multicap Fund
Scheme Category: Multicap Fund Scheme Characteristics

WHY SHOULD ONE INVEST? Minimum investment in equity and equity related
instruments: Large Cap, Midcap and Smallcap : 25% each
• Invests a minimum of 25% in Large, Mid and Small Cap stocks
• Combination of top down & bottom up approach
Investment Style

Growth Style
WHO SHOULD INVEST?
Investors looking for diversified exposure across various sectors
and various market capitalization Inception Date

1 Oct, 1994

WHAT IS THE IDEAL HOLDING PERIOD?

Exit Load
5 years and above
Upto 12 months from allotment - 1% of applicable
NAV, more than 12 months- Nil (w.e.f Aug 24,2018)
MARKET CAPITALIZATION
Fund Manager
Large Cap 44%
Mid Cap 28% Mr Anand Sharma
Small Cap 28%

Data as on April 30, 2025. Market Cap classification is as per AMFI classification. The investment Benchmark & AUM
approach and asset allocation strategy will be as per the Scheme Information Document. The fund Benchmark: Nifty 500 Multicap 50:25:25 TRI
manager may adopt various styles basis the market trends. AUM: Rs. 14,504.64 crores
19
 ICICI Prudential Focused Equity Fund
Scheme Category: Focused Fund Scheme Characteristics
WHY SHOULD ONE INVEST?
Can invest in maximum 30 stocks across market
• High stock concentration with an aim to create long term wealth
capitalization i.e focus on multicap
creation
• Follows a bottom up stock selection approach
• Invests across market-cap Investment Style

WHO SHOULD INVEST? A blend of Growth and Value Style

Investors who wish to participate aggressively in equities

through concentration in high conviction call.
Inception Date

28 May, 2009

WHAT IS THE IDEAL HOLDING PERIOD?

5 years and above Exit Load

Upto 1 year from allotment - 1% of

applicable NAV, more than 1 year- Nil
MARKET CAPITALIZATION
Large Cap 82%
Fund Manager
Mid Cap 16%
Mr. Vaibhav Dusad
Small Cap 2%
Benchmark & AUM
Data as on April 30, 2025. Market Cap classification is as per AMFI classification. The investment Benchmark: BSE 500 TRI
approach and asset allocation strategy will be as per the Scheme Information Document. The fund AUM: Rs. 11,018.79 crores
manager may adopt various styles basis the market trends.
20
 ICICI Prudential Large & Midcap Fund
Scheme Category: Large & Midcap Fund Scheme Characteristics
WHY SHOULD ONE INVEST?
Minimum investment in Large & Mid Cap stocks each: 35%
• The scheme adopts a mix of top down and bottom up approach
for stock selection
• Fixed minimum allocation to Large and Mid Caps Investment Style
• Follows a sector agnostic approach

A blend of Growth and Value Style

WHO SHOULD INVEST?
Investors who wish to create wealth in the long term by having
Inception Date
exposure to both large & mid caps
9 July, 1998

WHAT IS THE IDEAL HOLDING PERIOD?

Exit Load
5 years and above
Upto 1 month from allotment - 1% of applicable NAV,
more than 1 month- Nil (w.e.f. 1st Jan 2019)
MARKET CAPITALIZATION
Fund Manager
Large Cap 48%
Mid Cap 39% Mr. Ihab Dalwai
Small Cap 13%
Benchmark & AUM
Data as on April 30, 2025. Market Cap classification is as per AMFI classification. The investment Benchmark: Nifty LargeMidcap 250 TRI
approach and asset allocation strategy will be as per the Scheme Information Document. The fund AUM: Rs. 20,352.47 crores
manager may adopt various styles basis the market trends.
20
 ICICI Prudential India Opportunities Fund
Scheme Category: Thematic Scheme Characteristics
WHY SHOULD ONE INVEST? Minimum 80% investment in equity & equity related
• Invest in opportunities presented by special situation instruments of special situations theme.
• Follows Bottom-up approach
• Market – Cap and sector agnostic approach
Investment Style

A blend of Growth and Value Style but

WHO SHOULD INVEST? predominantly value investing
Investors looking for long term wealth creation with an appetite
for higher volatility arising out of special situation theme Inception Date

15 Jan, 2019

WHAT IS THE IDEAL HOLDING PERIOD?

Exit Load
5 years and above
Upto 12 months from allotment - 1% of applicable NAV,
more than 12 months - Nil

MARKET CAPITALIZATION
Fund Manager
Large Cap 71%
Mid Cap 16% Mr Sankaran Naren & Mr Roshan Chutkey
Small Cap 13%
Benchmark & AUM
Data as on April 30, 2025. Market Cap classification is as per AMFI classification. The investment
approach and asset allocation strategy will be as per the Scheme Information Document. The
Benchmark: Nifty 500 TRI
fund manager may adopt various styles basis the market trends. AUM: Rs. 27,197.33 crores
21
 ICICI Prudential Midcap Fund
Scheme Category: Mid cap Fund
Scheme Characteristics
WHY SHOULD ONE INVEST?
• Investing in midcap companies with long term growth Minimum investment in Mid Cap stocks: 65%
opportunities
• Tactical allocation of part of portfolio in large and small caps
based on current market view Investment Style

WHO SHOULD INVEST? A blend of Growth and Value Style

Investors looking for long term wealth creation by having
exposure towards companies which may transform into
tomorrow’s market leaders Inception Date

28 Oct, 2004

WHAT IS THE IDEAL HOLDING PERIOD?

5 years and above Exit Load

Upto 1 year from allotment - 1% of applicable NAV

More than 1 year- Nil
MARKET CAPITALIZATION
Large Cap 14% Fund Manager
Mid Cap 70%
Mr. Lalit Kumar
Small Cap 16%

Data as on April 30, 2025. Market Cap classification is as per AMFI classification. Investment approach and Benchmark & AUM
asset allocation strategy will be as per the Scheme Information Document. Fund manager may adopt Benchmark: Nifty Midcap 150 TRI
various styles basis the market trends. Fresh subscriptions through lumsum or switches into the scheme AUM: Rs. 5,932.46 crores
have been temporarily suspended (w.e.f from March 14, 2024). For more details, please refer to addendum. 22
 ICICI Prudential Smallcap Fund
Scheme Category: Small Cap Fund Scheme Characteristics
WHY SHOULD ONE INVEST?
Minimum investment in Small Cap stocks: 65%
• Bottom- Up stock selection, based on extensive research and
screening
• Tactical allocation to Large & Mid Caps for liquidity purpose
Investment Style

WHO SHOULD INVEST? A blend of Growth and Value Style

Investors willing to accept higher volatility to participate in

growth potential of Small Caps over the long term
Inception Date

18 Oct, 2007*

WHAT IS THE IDEAL HOLDING PERIOD?

5 years and above Exit Load

Upto 1 year from allotment - 1% of applicable NAV

More than 1 year- Nil
MARKET CAPITALIZATION
Large Cap 14% Fund Manager
Mid Cap 5%
Mr Anish Tawakley & Mr Aatur Shah
Small Cap 81%
Data as on April 30, 2025. Market Cap classification is as per AMFI classification. *Scheme was re-categorized into Benchmark & AUM
Small cap Fund in May 2018. Investment approach and asset allocation strategy will be as per Scheme Information
Document. Fund manager may adopt various styles basis market trends. Fresh subscriptions through lumsum or Benchmark: Nifty Smallcap 250 TRI
switches have been temporarily suspended (w.e.f from 1-Mar-24). However fresh SIP, Freedom SIP or STPs are
AUM: Rs. 7,604.59 crores
continued with monthly limit of ₹2,00,000 per PAN (wef 5-Jul-24). For more details, please refer to this addendums.
23
 Riskometers

ICICI Prudential ELSS Tax Saver Fund (Erstwhile ICICI Prudential Long Term Equity Fund (Tax Saving))
(An open ended Equity Linked Savings Scheme with a statutory lock in of 3 years and tax benefit) is
suitable for investors who are seeking*:
• Long term wealth creation solution
• An equity-linked savings scheme that aims to generate long term capital appreciation by primarily investing in
equity and related securities and provide tax benefit under Section 80 C of Income Tax Act, 1961
Investors

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

ICICI Prudential Smallcap Fund (An open ended equity scheme predominantly investing in small cap stocks.)
is suitable for investors who are seeking*:

• Long term wealth creation

• An open-ended equity scheme that seeks to generate capital appreciation by predominantly investing in
equity and equity related securities of small cap companies.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

ICICI Prudential Bluechip Fund (An open ended equity scheme predominantly investing in large cap stocks)
is suitable for investors who are seeking*:

• Long term wealth creation

• An open ended equity scheme predominantly investing in large cap stocks

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Please note that the Risk-o-meter(s) specified above will be evaluated and updated on a monthly basis. The above riskometers are as on April 30, 2025. Please refer to
https://www.icicipruamc.com/news-and-updates/all-news for more details.
26
 Riskometers

ICICI Prudential India Opportunities Fund (An Open Ended Equity Scheme following Special
Situations theme) is suitable for investors who are seeking*:

• Long term wealth creation

• An equity scheme that invests in stocks based on special situations theme
Investors
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

ICICI Prudential Multicap Fund (An open ended equity scheme investing across large cap, mid cap,
small cap stocks.) is suitable for investors who are seeking*:

• Long term wealth creation

• An open-ended equity scheme investing across large cap, mid cap and small cap stocks

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

ICICI Prudential Value Discovery Fund (An open ended equity scheme following a value investment
strategy.) is suitable for investors who are seeking*:

• Long term wealth creation

• An open ended equity scheme following a value investment strategy

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Please note that the Risk-o-meter(s) specified above will be evaluated and updated on a monthly basis. The above riskometers are as on April 30, 2025. Please refer to
https://www.icicipruamc.com/news-and-updates/all-news for more details.

26
 Riskometers

ICICI Prudential Focused Equity Fund (An open ended equity scheme investing in maximum 30
stocks across market-capitalisation i.e focus on multicap) is suitable for investors who are
seeking*:
• Long term wealth creation
• An open ended equity scheme investing in maximum 30 stocks across market-capitalisation.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

ICICI Prudential Large & Mid Cap Fund (An open ended equity scheme investing in both large cap
and mid cap stocks.) is suitable for investors who are seeking*:

• Long term wealth creation

• An open ended equity scheme investing in both large cap and mid cap stocks

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

ICICI Prudential Midcap Fund (An open ended equity scheme predominantly investing in mid cap
stocks.) is suitable for investors who are seeking*:

• Long term wealth creation

• An open-ended equity scheme that aims for capital appreciation by investing in diversified mid cap companies.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Please note that the Risk-o-meter(s) specified above will be evaluated and updated on a monthly basis. The above riskometers are as on April 30, 2025. Please refer to
https://www.icicipruamc.com/news-and-updates/all-news for more details.

27
 Riskometers

ICICI Prudential ESG Exclusionary Strategy Fund (Erstwhile ICICI Prudential ESG Fund) (An open
ended equity scheme investing in companies identified based on the Environmental, Social and
Governance (ESG) theme following Exclusion Strategy) is suitable for investors who are seeking*:
• Long term wealth creation
• An equity scheme that invests in equity and equity related instruments of companies following the ESG theme

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

ICICI Prudential Business Cycle Fund (An open ended equity scheme following business cycles based
investing theme) is suitable for investors who are seeking*:

• Long term wealth creation

• An equity scheme that invests in Indian markets with focus on riding business cycles through dynamic
allocation between various sectors and stocks at different stages of business cycles
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

ICICI Prudential Flexicap Fund (An open ended dynamic equity scheme investing across large cap,
mid cap & small cap stocks) is suitable for investors who are seeking*:

• Long Term wealth creation

• An open ended dynamic equity scheme investing across large cap, mid cap and small cap stocks

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Please note that the Risk-o-meter(s) specified above will be evaluated and updated on a monthly basis. The above riskometers are as on April 30, 2025. Please refer to
https://www.icicipruamc.com/news-and-updates/all-news for more details.

29
 Disclaimer

Mutual Fund investments are subject to market risks, read all scheme related
documents carefully.
In the preparation of the material contained in this document, the AMC has used information that is publicly available, including information developed in-
house. Some of the material(s) used in the document may have been obtained from members/persons other than the AMC and/or its affiliates and which
may have been made available to the AMC and/or to its affiliates. Information gathered and material used in this document is believed to be from reliable
sources. The AMC however does not warrant the accuracy, reasonableness and / or completeness of any information. We have included statements /
opinions / recommendations in this document, which contain words, or phrases such as “will”, “expect”, “should”, “believe” and similar expressions or
variations of such expressions, that are “forward looking statements”. Actual results may differ materially from those suggested by the forward looking
statements due to risk or uncertainties associated with our expectations with respect to, but not limited to, exposure to market risks, general economic and
political conditions in India and other countries globally, which have an impact on our services and / or investments, the monetary and interest policies of
India, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or other rates or prices etc. ICICI Prudential Asset
Management Company Limited (including its affiliates), the Mutual Fund, The Trust and any of its officers, directors, personnel and employees, shall not
liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit
in any way arising from the use of this material in any manner. Further, the information contained herein should not be construed as forecast or promise.
The recipient alone shall be fully responsible/are liable for any decision taken on this material. The information contained herein is only for the purpose of
information and not for distribution and do not constitute an offer to buy or sell or solicitation of any offer to buy or sell any securities or financial
instruments in the United States of America ("US") and/or Canada or for the benefit of US persons (being persons falling within the definition of the term
"US Person" under the US Securities Act, 1933, as amended) or persons residing in Canada.
All figures and other data given in this document are dated as of April 30, 2025 unless stated otherwise. The same may or may not be relevant at a future
date. The information shall not be altered in any way, transmitted to, copied or distributed, in part or in whole, to any other person or to the media or
reproduced in any form, without prior written consent of ICICI Prudential Asset Management Company Limited (the AMC). Prospective investors are
advised to consult their own legal, tax and financial advisors to determine possible tax, legal and other financial implication or consequence of subscribing
to the units of ICICI Prudential Mutual Fund. The sector(s)/stock(s) mentioned in this communication do not constitute any recommendation of the same
and ICICI Prudential Mutual Fund may or may not have any future position in these sector(s)/stock(s). Past performance may or may not be sustained in
the future and is not a guarantee of any future returns. The portfolio of the scheme is subject to changes within the provisions of the Scheme Information
document of the scheme. Please refer to the Scheme Information Document for more details.
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