Average Assets Under Management for the month ended August 31, Rs. 53, Crore

Transcription

1 Average Assets Under Management for the month ended August 31, Rs. 53, Crore th ANNIVERSARY 10th ANNIVERSARY Past performance is no guarantee of future results. For award details, please see the inside back cover.

2 The Market Equity Market Snapshot Technicals Investments by Institutions Jul-08 Aug-08 in the cash market (Rs. Cr.) FIIs (Net Purchases / Sales) MFs (Net Purchases / Sales) Avg Daily Open Interest (Rs. Cr.) Index Futures Stock Futures Index Options Stock Options Total Avg Daily Volumes (Rs. Cr.) CASH Segment BSE NSE Total Derivative Segment NSE Total Avg Advance Decline Ratio BSE NSE Nilesh Shah Deputy Managing Director Chief Investment Officer Fundamentals Index of Industrial Production rose to 5.4% in June '08, up from a revised figure of 4.1% in May but lower than 8.9% a year ago, indicating that the economy might be cooling down, weighed by high inflation rate and decline in credit growth. The decline may be attributed to a slowdown in manufacturing, particularly in the capital goods segment, also evident by the slowdown in the six core infrastructure industries to 3.4% in June 2008 from 5.2% in June 2007 because of monetary tightening by the Reserve Bank of India (RBI) over the past year coupled with the slowing down of global economy and pressures coming from high commodity prices, particularly crude oil. Although the data suggests that weaker industrial growth has set in, analysts are of the view that coincident indicators (such as credit growth, cellular subscriptions etc.) suggest a moderation in activity rather than a sharp slowdown. Industrial production is constrained by capacity and should pick up as capacity additions happen. The underlying trend is that growth is expected to remain subdued, which was also evident from moderation in GDP growth for Q1FY09 at 7.9% YoY (9.2% YoY for Q1FY08). Valuation Ratios Jul-08 Aug-08 P/E ratio- Sensex P/E ratio- Nifty Price/Book Value Ratio-Sensex Price/Book Value Ratio-Nifty Dividend Yield-Sensex Dividend Yield-Nifty Indices Movement % change % change Jun-Jul 08 Jul-Aug 08 Sensex Nifty BSE Metals BSE Realty BSE Oil & Gas BSE Small Cap BSE PSU BSE Capital Goods BSE Teck Index BSE Mid Cap BSE FMCG BSE Healthcare BSE Consumer Durables Bankex BSE Auto Market Sentiments The markets gained amid relief on the oil price decline alleviating concerns regarding slowdown and monetary policy tightening. The market sentiment which had turned negative following aggressive monetary tightening, raising concerns of slowdown amidst higher inflation, improved as commodity prices corrected and the monsoon picked up pace. However, the sentiment was cautious on account of weak economic data, high inflation as the govt. agencies followed RBI with lower forecast of 7.7% YoY GDP growth for FY09 by PM's Economic Advisory Council vs. an earlier projection of 8.5% in Jan The fear of further negative news on account of US subprime crisis came back of haunt the financials and interest rate sensitives. Volatile crude oil prices plus the fear of higher inflation also kept the sentiment subdued. The derivatives rollovers were higher than that of last month. Marketwide rollover of positions from Aug 2008 series to Sept 2008 series stood at 83% while that of Nifty was at 75%, compared to 79% and 65% respectively last month. Improvement in sentiment was also evident by the fact that MSCI India (1.79%) outperformed both MSCI Emerging Markets (-8.22%) as well as MSCI World (-1.60%) for the second consecutive month. FIIs were net sellers to the extent of $300mn following the decline in crude prices which helps limit fiscal concerns, while MFs were also marginal buyers amounting to $88mn. Global Events: The US Fed expressed "significant concern'' over inflation while also hoping that the recent fall in crude prices will help cool inflation. Analysts reckon that Fed won't budge until next year and wants to avoid an early rate increase that further weakens employment and fuels instability in financial markets. US Treasuries maintained their declining trend as traders increased bets the Fed won't raise rates through year-end, while data continued to signal slack growth. Both BoE and ECB kept interest rates unchanged, defying calls for a rate cut, as they wrestle with slowing growth and accelerating inflation. While inflation continues to exceed their respective targets, economic growth is likely to be "particularly weak'', suggesting policy makers are wary of raising interest rates again to curb inflation. This prompted a rally in USD versus EUR and GBP. Japan joins Canada and Europe in major developed economies that shrank in the last quarter. Global equity markets, however, were rattled by the credit/liquidity concerns for Fannie Mae and Freddie Mac and rumors of a Federal bailout. Most major Asian stock indices such as Hong Kong, China, Singapore, Malaysia, Indonesia and Korea along with Brazil significantly underperformed US, UK, Europe and India. Oil prices remained volatile on account of threats of disruptions due to US hurricane season, geopolitical concerns such as Russia-Georgia conflict and weakening global economy, while the Reuters CRB index for commodities fell ~6% for the month. Outlook and Recommendation Given the tough macro scenario, earnings downgrades are likely given the cautious company guidance for the coming quarters. While the results for Q1FY09 were more-or-less in line with expectations, Q2 and Q3 are likely to be difficult as effects of high input costs and higher interest rates take effect. Politics, reforms, interest rates and global crude prices are likely to keep the market rangebound in the near term. Most official Indian forecasts (by the finance ministry, Reserve Bank, and the Economic Advisory Council to the Prime Minister) have only recently dropped to around 8%, while most private sector forecasts seem to be converging at 7.5% GDP growth for FY09. Some comfort can be obtained from the fact that even at 7.5% growth; India will continue to be the fastest growing economy after China among the major economies. While there are undoubtedly problems emerging on the macroeconomic front, notably the widening fiscal gap, the economy has so far displayed remarkable resilience in the face of a succession of shocks. This reinforces the belief that the underlying trend is strong enough to limit the damage caused by the slowdown. While in the short term it is difficult to predict where the markets will settle, it makes sense to be overweight equity while markets are at fair value level. We continue to recommend investors to look at large cap funds like ICICI Pru Growth Plan, ICICI Pru Focused Equity Fund and blend of large/mid caps like ICICI Pru Power. We recommend ICICI Pru Dynamic Fund for the conservative investors. Do not let the uncertainty deter you, as you will never be able to 2 O v e r v i e w time the market to perfection. Hence, we recommend our investors to follow asset allocation and stagger investments through systematic investment. Asset Allocation Guide: This asset allocation guide helps you to determine the suggested equity exposure at different valuations levels based on the Sensex Jan Mar May Jul-06 STRETCHED 23x plus FAIR VALUE PLUS 20x -23x FAIR 16x -19x 4-Oct Dec-06 CHEAP 8x -10x 19-Feb-07 Suggested Equity Allocation (Assuming 50% equity allocation as neutral) Fixed Income Market Snapshot 29-Apr-07 ATTRACTIVE 11x -15x 7-Jul Sep Nov-07 Fundamentals: Negative Sentiment Index: Neutral Liquidity Index: Negative Valuation levels of the Sensex based on FY09 earnings estimate of Rs.960 Impact on Interest Rates FACTORS Short Term Medium Term (1-3 Months) (3-6 Months) Inflation NEGATIVE NEGATIVE WPI based inflation continued to stay above the 12% mark to record 12.40% as on Aug 16, There seems to be some comfort on inflation on the back of the sharp fall in crude prices. However, the analysts are forecasting further monetary tightening, given the 7% target inflation rate that the RBI has set for end of FY09. We expect the RBI as well as the government to wait and watch till the next monetary policy review in October '08 before taking further action. Money Supply NEUTRAL NEUTRAL The RBI's M3 growth target of % for FY09 versus the current growth rate at 20.6% as on Aug 15, 2008 continues to remain a cause of concern, causing concern among analysts that higher monetary aggregates could prompt RBI to hike interest rates. Meanwhile, RBI continues with its policy of "active demand management of liquidity" through use of the MSS auctions, LAF and CRR hike of 25bps coming into effect w.e.f. Aug 30, These measures caused overnight rates to spike to % levels as liquidity tightened, before settling at % range. Credit Demand NEUTRAL NEUTRAL Credit demand growth is still strong at 25.9% YoY as on Aug 15, Last month's rate hikes by RBI prompted banks to hike their PLRs by 25-50bps, following RBI's directive to go slow on credit disbursal in order to rein in demand-side inflationary pressures. This will ensure that banks' credit disbursal policies gets aligned with RBI's overall tightening stance. RBI has recommended stricter credit appraisals and also urged "review of business strategies" so as to ensure that they are in a position to prevent "undue asset-liabilities mismatches". Government Borrowings NEGATIVE NEGATIVE The burden of off-budget items is likely to exert pressure on bonds. The market is cautious on account of the govt acceptance of the recommendations of the Sixth Pay Commission for Central Govt Employees which could amount to ~Rs.340bn, which could lead to higher govt borrowings. The market fears that worsening fiscal deficit could lead to higher interest rates. Foreign Exchange Market NEUTRAL NEUTRAL The forex reserves though robust at $297bn for the week ending August 22, 2008, have fallen further from the last month level on account of higher dollar outgo on account of FII net outflows in equity markets, as the INR depreciated to reach the Rs.44/US$ level. This is despite the fall in crude prices, which implies that higher USD demand on account of equity market outflows and lack of inflows from FII/FDI has contributed to the depreciation. RBI Policy NEUTRAL NEUTRAL It is clear from the depreciation of the INR seen over the last 3-4 months that contrary to market expectations, the RBI is unlikely to use currency to combat inflation. The monetary policy stance remains focused at maintaining high priority to price stability and since containing inflation is a priority over growth; interest rates still have an upward bias till inflation moderates. However, if the rate of growth in inflation can start coming down, it may give leeway to RBI to take a call whether they the economy can absorb one more round of tightening. We expect the RBI to watch inflation data closely in order to take a call on inflation. Market Sentiment NEUTRAL NEUTRAL The market sentiment recovered from the effect of last month's interest rate hikes by the RBI as crude oil and other commodity prices sharply declined, providing some comfort to investors regarding the inflation scenario as well as the high fiscal deficit. The demand by banks on account of SLR requirements also propped up bond prices. OUTLOOK It is increasingly becoming clear that inflation has emerged as the biggest risk to the global economic outlook, with developed as well as emerging economies reporting multi-year highs in inflation. Global central banks are trying hard to balance record high inflation and precariously placed economies. While developed countries are banking on slowdown to rein in inflation, RBI has aggressively tightened policy. With Indian inflation well into double digits and monetary aggregates (money supply, deposit and credit) growth well above target, the hawkish stance will probably continue and override the slowdown till inflation eases. If, however, the rate of growth in inflation declines, the RBI may not tighten aggressively, considering the economy seems to be already slowing down. Having said that, with the change at the helm of the affairs, the market will be closely watching out for the clues to the changes in conduct/stance of the monetary policy. The market sentiment going forward is likely to stay negative/cautious on the back of inflationary pressures and higher fiscal deficit. Crude Oil prices and domestic inflation numbers are likely to drive the market direction. The bond yields are likely to be under pressure on the back of tight liquidity and higher bonds supply. We recommend investors to look at investing in structured products designed to provide FMP-plus defined yields for a defined investment horizon. Investors should continue to avail the benefit from the prevailing high yields through investments in high yield FMPs. 30-Jan-08 8-Apr Jun Aug-08

3 ICICI Prudential Dynamic Plan Open Ended Diversified Equity Fund Style Box Fund Manager^ : Sankaran Naren (Managing this fund since Sept., 2006 & total 17 yrs of experience in fund management, equity research, operation etc.) Indicative Investment Horizon: 3 yrs & more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs Institutional Option-I : Rs **Expense Ratio : Retail option : 1.95% Institutional option-i : 1.00% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception: Dynamic Plan Vs S&P CNX Nifty 1,009, , , , , , , , , ,000 9,000 Dynamic Plan S&P CNX Nifty CAGR Dynamic Plan: 40.09%; Benchmark: 29.82% Past performance may or may not be sustained in future. Performance Record *- Cumulative Option *Returns < 1Year : Absolute, > = 1Year : CAGR. Benchmark is S&P CNX Nifty. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) Dynamic Plan S&P CNX Nifty Since inception data. Benchmark is S&P CNX Nifty. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Quantitative Indicators: Average P/E : Average P/BV : 2.80 Average Dividend Yield : 1.51 Annual Turnover Ratio : 2.56 times Rs Rs Oct-02 Jan-03 Apr-03 Jul-03 Oct-03 Dec-03 Mar-04 Jun-04 Sep-04 Dec-04 Feb-05 May-05 Aug-05 Nov-05 Feb-06 Apr-06 Jul-06 Oct-06 Jan-07 Apr-07 Jun-07 Sep-07 Dec-07 Mar-08 Jun-08 Aug % 29.82% 35.51% 24.56% 22.30% 26.27% -1.10% -2.33% -9.86% % Last 6 Last 1 year Last 3 years Last 5 years Months Dynamic Plan S&P CNX Nifty 7.19% 6.24% When the Benchmark is up -5.75% Since Inception -6.25% When the Benchmark is down Std Dev : 7.63% Sharpe Ratio^ : 0.19 Beta : 0.90 R squared : 0.86 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 3 month T-Bill cut-off of 9.16%. Fund Manager's Comment The fund has remained invested about 85% in direct equity suggesting caution amidst volatility. The fund has reduced exposure to Software and Industrial Capital Goods. The fund continues to be overweight defensive sectors such as Consumer non-durables and Pharmaceuticals. The fund remains underweight Real Estate and Utilities on valuation concerns. Medium term investment of funds for capital appreciation by managing cash and equity portfolio Company/Issuer Mkt Value (Rs. Lakh) % to NAV Reliance Industries Ltd 14, % Infosys Technologies Ltd 8, % ICICI Bank Ltd 8, % Bharati Airtel Ltd 6, % Federal Bank Ltd 5, % Deccan Chronicle Holdings Ltd 4, % Coromandel Fertilisers Ltd 4, % Oil & Natural Gas Company Ltd 4, % Mahindra & Mahindra Ltd 3, % Cadila Healthcare Ltd 3, % Tata Consultancy Services Ltd 3, % Texmaco Ltd 3, % Ipca Laboratories Ltd 3, % ITC Limited 3, % Dr. Reddy s Laboratories Ltd 3, % Tata Tea Ltd 3, % Tata Power Company Ltd 3, % Marico Industries Ltd 2, % Zee Entertainment Enterprises Ltd 2, % Reliance Communication Ltd 2, % Aditya Birla Nuvo Ltd 2, % Orient Paper & Industries Ltd 2, % Larsen & Toubro Ltd 2, % Bombay Dyeing & Manufacturing Co. Ltd 2, % Patel Engineering Ltd 2, % AIA Engineering Ltd 2, % Sterlite Optical Technologies Ltd 2, % Alembic Ltd 2, % Apollo Tyres Ltd 1, % Sterlite Industries India Ltd 1, % Bharat Heavy Electricals Ltd 1, % United Phosphorus Ltd 1, % Greaves Cotton Limited 1, % Indian Hotels Company Ltd 1, % Kalyani Steels Ltd 1, % Hindustan Zinc Limited % Max India Ltd % ING Vysya Bank Ltd % Industrial Development Finance Corporation Ltd % Wabco TVS (India) Ltd % Sundaram Clayton Ltd % Mukand Ltd % Private Corporate Securities 1, % ICICI Bank Ltd 1, % CPs, CDs and Term Deposits 16, % Allahabad Bank Ltd 8, % ICICI Bank Ltd 7, % Cash, CBLO & Reverse Repo 1, % Other Current Assets 2, % Total Net Assets 150, Top Ten Holdings Sector Allocation* *Pertains to the equity investments only. SIP Returns: As on 31-Aug-08 Period SIP Start Date Total Amount Total No. Market Value SIP Invested of Units Returns 1 Year SIP 28-Sep-07 12, , % 3 Year SIP 30-Sep-05 36, , % 5 Year SIP 30-Sep-03 60, , , % Since Inception 31-Oct-02 71, , , % Past performance may or may not be sustained in future. Assume Rs invested every month. The high level of returns come from the sharp appreciation in market, in the year 2002 & **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only. 3 Finance 0.18% Hotels 0.69% Ferrous Metals 0.73% Pesticides 0.99% Auto Ancillaries 1.54% Construction 1.57% Cement 1.73% Non-Ferrous Metals 1.77% Power 2.09% Auto 2.61% Oil 2.71% Fertilizers 2.96% Textiles - Products 3.35% Industrial Products 3.92% Media & Entertainment 4.90% Industrial Capital Goods 5.26% Telecom Services 6.29% Consumer Non-Durable 6.43% Software 8.37% Pharmaceuticals 8.54% Banks Petroleum Products 9.10% 9.94% 1

4 ICICI Prudential Fusion Fund-Series II Close-ended Diversified Equity Scheme Style Box Fund Manager^ : Deven Sangoi Style (Managing this fund since April, 2008 & overall 11 yrs Value Blend Growth Size of equity market experience & 5 yrs of fund Large management experience) Indicative Investment Horizon: 3 yrs and more Mid Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Small Growth option : Rs Dividend option : Rs Institutional Growth Option : Rs **Expense Ratio : Retail option : 2.06% Institutional option-i : 1.18% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception: Fusion Fund-Series II Vs S&P CNX Nifty 259, , , ,215 59,215 9,215 Fusion Fund - series II S&P CNX Nifty Market (Internal) Index CAGR Fusion Fund-Series II : 0.99%; Benchmark : 9.75%; # Market (Internal) Index: 7.92%. Past performance may or may not be sustained in future. Performance Record *- Growth Option 15.00% % -5.00% % % Apr-07 May-07 Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan % -2.33% % % Feb-08 Mar-08 Apr-08 May % Rs Rs Rs Jun-08 Jul-08 *Returns < 1Year : Absolute, > = 1Year : CAGR. Benchmark is S&P CNX Nfty Index & # Market (Internal) Index is Nifty Midcap 50. For computation of returns the allotment NAV has been taken asrs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) 15.00% % -5.00% % Fusion Fund - series II S&P CNX Nifty Market (Internal) Index Since inception data. Benchmark is S&P CNX Nifty & # Market (Internal) Index is Nifty Midcap 50. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Quantitative Indicators: Average P/E : Std Dev : 7.95% Average P/BV : 2.38 Sharpe Ratio^ : Average Dividend Yield: 0.97 Beta : 0.83 Annual Turnover Ratio: 0.93 times R squared : 0.79 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 3 month T-Bill cut-off of 9.16%. Aug % 7.92% % % Last 6 Months Last 1 year Since Inception Fusion Fund - series II S&P CNX Nifty Market (Internal) Index 9.08% 5.54% 5.98% When the Benchmark is up -6.99% -6.79% -9.73% When the Benchmark is down 4 Exploit the long-term investment potential in small & mid-cap segment Company/Issuer Mkt Value (Rs. Lakh) % to NAV Nifty Futures 5, % Subhiksha Trading Services Pvt Ltd 4, % Dishman Pharmaceuticals & Chemicals Ltd 3, % Allied Digital Services Ltd 3, % Coromandel Fertilisers Ltd 3, % Cadila Healthcare Ltd 2, % AIA Engineering Ltd 2, % Time Technoplast Ltd 2, % Usha Martin Ltd 2, % Federal Bank Ltd 2, % Reliance Industries Ltd 1, % Sterlite Industries India Ltd 1, % Entertainment Network India Ltd 1, % SREI Infrastructure Finance Ltd 1, % ABG Heavy Industries Ltd 1, % Shree Renuka Sugars Ltd 1, % 3i Infotech Ltd 1, % Max India Ltd 1, % Electrosteel Castings Ltd 1, % Elecon Engneering Co Ltd 1, % Gujarat NRE Coke Ltd 1, % Ratnamani Metals & Tubes Ltd 1, % Kaveri Seed Company Ltd 1, % Tata Consultancy Services Ltd 1, % ICICI Bank Ltd 1, % Kirloskar Oil Engines Ltd 1, % Kalyani Steels Ltd 1, % Monnet Ispat Ltd 1, % Pantaloon Retail (India) Ltd 1, % Deccan Chronicle Holdings Ltd % Glenmark Pharmaceuticals Ltd % IVRCL Infrastructure & Projects Ltd % Zee Entertainment Enterprises Ltd % Punjab National Bank Ltd % Voltas Ltd % Prime Focus Ltd % Ceat Ltd % Nagarjuna Construction Company Ltd % ION Exchange India Ltd % Advanta India Ltd % Arshiya International Ltd % PTC India Ltd % Vimta Labs Ltd % CHI Investments Ltd % Nicholas Research & Development Ltd % Treasury Bills 4, % 364 Day T Bill (MD 24/10/2008) 4, % CPs, CDs and Term Deposits 2, % ICICI Bank Ltd 2, % AXIS Bank Ltd % State Bank of Mysore Ltd % Cash, CBLO & Reverse Repo 7, % Other Current Assets (2,224.50) -2.57% Total Net Assets 85, Top Ten Holdings Sector Allocation* Healthcare Services Power Agri Inputs Auto Ancillaries Consumer Durables Minerals/Mining Construction Consumer Non-Durable Petroleum Products Non-Ferrous Metals Finance Industrial Capital Goods Transportation Chemicals Banks Media & Entertainment Fertilizers Ferrous Metals Retailing Software Industrial Products Pharmaceuticals *Pertains to the equity investments only. 0.39% 0.65% 0.69% 0.84% 0.95% 1.69% 1.86% 2.15% 2.29% 2.29% 2.32% 2.54% 2.85% 3.06% 4.71% 5.28% 5.68% 6.60% 7.03% 7.83% 8.24% 8.80% 1 # The objective of including the 'market(internal) index' in the performance depicted is to enable a sharper comparison of actual performance of the scheme with an index bearing a closer correlation to the envisaged portfolio composition as defined in the offer document of the scheme. The benchmark index is also provided as regulatorily required. This is an initiative to enable the investor to arrive at a more informed judgement on scheme performance. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only.

5 ICICI Prudential Power Open Ended Diversified Equity Fund Style Box Fund Manager^ : Prashant Kothari (Managing this fund since April, 2008 & over 3 yrs of experience as equity analyst & fund manager) Indicative Investment Horizon: 5 yrs & more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs Institutional option-i : Rs **Expense Ratio : Diversified Retail option : 2.20% Institutional option- I : 1.00% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception: Power Plan Vs S&P CNX Nifty 1,406,000 1,206,000 1,006, , , , ,000 6,000 Power S&P CNX Nifty CAGR Power: 16.05%; Benchmark: 9.14% Past performance may or may not be sustained in future. Performance Record* - Growth Option *Returns < 1Year : Absolute, > = 1Year : CAGR. Benchmark is S&P CNX Nifty. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) Power S&P CNX Nifty Since inception data. Benchmark is S&P CNX Nifty. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Quantitative Indicators: Average P/E : Average P/BV : 3.27 Average Dividend Yield : 1.33 Annual Turnover Ratio : 1.72 times Rs Rs Oct-94 Mar-95 Sep-95 Mar-96 Sep-96 Feb-97 Aug-97 Feb-98 Aug-98 Jan-99 Jul-99 Jan-00 Jul-00 Dec-00 Jun-01 Dec-01 Jun-02 Nov-02 May-03 Nov-03 May-04 Oct-04 Apr-05 Oct-05 Apr-06 Sep-06 Mar-07 Sep-07 Mar-08 Aug % 22.30% 30.73% % % % % Last 6 Last 1 Last 3 Last 5 Months year years years Power S&P CNX Nifty % 6.79% When the Benchmark is up -4.97% 26.27% 16.05% 9.14% Since Inception -5.72% When the Benchmark is down Std Dev : 8.12% Sharpe Ratio^ : 0.13 Beta : 1.00 R squared : 0.91 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 3 month T-Bill cut-off of 9.16%. Fund Manager's Comment The fund maintained an average equity exposure of ~95% during the month. The fund continues to be overweight Banks and Software. Exposure to Oil has been increased while that in Metals has been reduced. Long term investment of funds for capital appreciation in a blend of large and midcap portfolio Company/Issuer Mkt Value (Rs. Lakh) % to NAV Reliance Industries Ltd 6, % Bharati Airtel Ltd 5, % Infosys Technologies Ltd 5, % Larsen & Toubro Ltd 4, % Bharat Heavy Electricals Ltd 3, % ICICI Bank Ltd 3, % Oil & Natural Gas Company Ltd 3, % Tata Consultancy Services Ltd 3, % ITC Limited 3, % Aditya Birla Nuvo Ltd 2, % Cadila Healthcare Ltd 2, % AIA Engineering Ltd 2, % Nifty Futures 2, % Sun Pharmaceutical Industries Ltd 2, % Tata Steel Ltd 2, % National Thermal Power Corporation Ltd 2, % Tata Power Company Ltd 1, % Sterlite Industries India Ltd 1, % Grasim Industries Ltd 1, % Punjab National Bank Ltd 1, % Hindalco Industries Ltd 1, % Patel Engineering Ltd 1, % Deccan Chronicle Holdings Ltd 1, % Mahindra & Mahindra Ltd 1, % Kotak Mahindra Bank Ltd 1, % IVRCL Infrastructure & Projects Ltd 1, % Union Bank of India Ltd 1, % Industrial Development Finance Corporation Ltd 1, % Steel Authority of India Ltd % Kalyani Steels Ltd % UTI Bank Ltd % Satyam Computer Services Ltd % Asian Paints Ltd % PSU/PFI Bonds % Union Bank of India Ltd % Pass Through Certificates* % PTC Hero Motors Ltd % Treasury Bills 1, % 364 Day T Bill (MD 27/03/2009) 1, % CPs, CDs and Term Deposits 2, % ICICI Bank Ltd 2, % Corporation Bank Ltd % Cash, CBLO & Reverse Repo % Other Current Assets (2,287.34) -2.86% Total Net Assets 80, Top Ten Holdings *Please refer to annexure on Pass Through Certificates Details for complete details. Sector Allocation* *Pertains to the equity investments only. SIP Returns: 5 Finance Auto Media & Entertainment Cement Industrial Products Construction Textiles - Products Consumer Non-Durable Oil Non-Ferrous Metals Ferrous Metals Power Pharmaceuticals Telecom Services Petroleum Products Industrial Capital Goods Banks Software 1.27% 1.83% 1.85% 2.26% 3.06% 3.39% 3.44% 4.04% 4.13% 4.32% 4.89% 4.99% 5.86% 7.33% 8.36% 9.54% 10.29% 11.93% 1 As on 31-Aug-08 Period SIP Start Date Total Amount Total No. Market Value SIP Invested of Units Returns 1 Year SIP 28-Sep-07 12, , % 3 Year SIP 30-Sep-05 36, , % 5 Year SIP 30-Sep-03 60, , , % Since Inception 1-Oct , , , % Past performance may or may not be sustained in future. Assume Rs invested every month. The high level of returns come from the sharp appreciation in market, in the year **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only.

6 ICICI Prudential Tax Plan Open Ended Diversified Equity Fund Style Box Fund Manager^ : Sankaran Naren (Managing this fund since Oct., 2005 & over 17 yrs of experience in fund management, equity research, operation etc.) Indicative Investment Horizon: 3 yrs & more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs **Expense Ratio : 2.15% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception: Tax Plan Vs S&P CNX Nifty 1,406,301 1,206,301 1,006, , , , ,301 6,301 Aug-99 Mar-00 Oct-00 May-01 CAGR Tax Plan: 27.47%; Benchmark : 13.90% Past performance may or may not be sustained in future. Tax Plan S&P CNX Nifty Market (Internal) Index *Returns < 1Year : Absolute, > = 1Year : CAGR. Benchmark is S&P CNX Nifty & # Market (Internal) Index is 50% Nifty + 50% Nifty Midcap 50; Start Date: 01-Jan-04. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) Tax Plan S&P CNX Nifty Market (Internal) Index Since inception data. Benchmark is S&P CNX Nifty # Market (Internal) Index is 50% Nifty + 50% Nifty Midcap 50; Start Date: 01-Jan-04. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Quantitative Indicators: Average P/E : Average P/BV : 2.14 Average Dividend Yield : 1.71 Annual Turnover Ratio : 3.60 times 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 3 month T-Bill cut-off of 9.16%. Fund Manager s Comment Dec-01 Jul-02 Tax Plan Feb-03 Sep-03 S&P CNX Nifty Rs Rs Std Dev : 8.76% Sharpe Ratio^ : 0.06 Beta : 0.96 R squared : 0.74 From the earlier positioning of primarily a small and mid-cap fund, the ICICI Prudential Tax Plan is on a transition course to becoming a blend of large and mid/small cap fund, with the objective of being able to provide steady returns. The fund maintained an average equity exposure of ~90%. Apr-04 Nov-04 Jun-05 Jan-06 Aug-06 Mar-07 Oct-07 Aug-08 Performance Record *- Growth Option % % 26.27% 27.47% % 10.33% % % -2.33% % -7.54% % % Last 6 Last 1 Last 3 Last 5 Since Months year years years Inception % 6.13% 3.49% When the Benchmark is up -6.29% -6.12% -2.96% When the Benchmark is down Medium term investment of funds with tax benefits for capital appreciation Company/Issuer Mkt Value (Rs. Lakh) % to NAV Reliance Industries Ltd 4, % ICICI Bank Ltd 4, % Cadila Healthcare Ltd 3, % Infosys Technologies Ltd 2, % Bharat Electonics Ltd 2, % 3i Infotech Ltd 2, % ING Vysya Bank Ltd 2, % Sadbhav Engineering Ltd 2, % Corporation Bank Ltd 2, % Zuari Industries Ltd 1, % Punjab National Bank Ltd 1, % Tata Tea Ltd 1, % Mahindra & Mahindra Ltd 1, % Gillette India Ltd 1, % Bharati Airtel Ltd 1, % Kalpataru Power Transmission Ltd 1, % Mahindra Gesco Developers Ltd 1, % Tata Consultancy Services Ltd 1, % Tata Power Company Ltd 1, % Numeric Power Systems Ltd 1, % Kesoram Industries Ltd 1, % Pantaloon Retail (India) Ltd 1, % Reliance Communication Ltd 1, % ITC Limited 1, % Orient Paper & Industries Ltd 1, % Poleplex Corporation Ltd 1, % Bombay Dyeing & Manufacturing Co. Ltd 1, % Vishal Retail Ltd % Megasoft Ltd % Kotak Mahindra Bank Ltd % Containers Corporation of India Ltd % Sun Pharma Advanced Research Co. Ltd % Kirloskar Brothers Ltd % Kalyani Steels Ltd % Wabco TVS (India) Ltd % Hindustan Dorr-Oliver Ltd % Pidilite Industries Ltd % FDC Ltd % Deccan Chronicle Holdings Ltd % Ceat Ltd % Zee News Ltd % Gujarat NRE Coke Ltd % Clariant Chemicals (India) Ltd % Paper Products Ltd % Texmaco Ltd % Cords Cable Industries Ltd % Hindustan Sanitaryware & Industries Ltd % Sundaram Clayton Ltd % Bank of Baroda Ltd % Rane Madras Ltd % VST Tillers Tractors Ltd % MM Forgings Ltd % Bharat Forge Ltd % Venky's (India) Ltd % Vakrangee Software Ltd % Sundaram Brake Linings Ltd % Precot Mills Ltd % CHI Investments Ltd % CPs, CDs and Term Deposits 3, % Corporation Bank Ltd 1, % State Bank of Travancore Ltd 1, % Citibank % Cash, CBLO & Reverse Repo 2, % Other Current Assets % Total Net Assets 75, Top Ten Holdings Sector Allocation* *Pertains to the equity investments only. SIP Returns: As on 31-Aug-08 Period SIP Start Date Total Amount Total No. Market Value SIP Invested of Units Returns 1 Year SIP 28-Sep-07 12, , % 3 Year SIP 30-Sep-05 36, , % 5 Year SIP 30-Sep-03 60, , , % Since Inception 19-Aug , , , % Past performance may or may not be sustained in future. Assume Rs invested every month. The high level of returns come from the sharp appreciation in market, in the year # The objective of including the 'market(internal) index' in the performance depicted is to enable a sharper comparison of actual performance of the scheme with an index bearing a closer correlation to the envisaged portfolio composition as defined in the offer document of the scheme. The benchmark index is also provided as regulatorily required. This is an initiative to enable the investor to arrive at a more informed judgement on scheme performance. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only. 6 Finance Textiles - Cotton Chemicals Minerals/Mining Ferrous Metals Transportation Textiles - Products Cement Media & Entertainment Power Fertilizers Auto Retailing Telecom Services Industrial Products Auto Ancillaries Construction Petroleum Products Pharmaceuticals Consumer Non-Durable Industrial Capital Goods Software Banks 0.04% 0.17% 0.69% 0.70% 1.11% 1.19% 1.44% 1.55% 1.60% 2.09% 2.55% 2.70% 3.06% 3.79% 4.57% 4.65% 4.87% 5.67% 6.77% 7.90% 8.68% 10.08% 15.18% 1 1

7 ICICI Prudential Fusion Fund-Series III Close-ended Diversified Equity Scheme Fund Manager^ : Deven Sangoi (Managing this fund since inception & overall 11 yrs of equity market experience & 5 yrs of fund management experience) Indicative Investment Horizon: 3 yrs and more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs Institutional Growth Option : Rs **Expense Ratio : Retail option : 2.12% Institutional option-i : 1.13% (Please refer to page no. 58 for Additional Information) Performance Record *- Growth Option Quantitative Indicators: Average P/E : Average P/BV : 3.53 Average Dividend Yield : 1.11 Since Inception Style Box Style Value Blend % -8.13% % -1 Fusion Fund - Series III S&P CNX Nifty Market (Internal) Index Growth Size Large *Returns < 1Year : Absolute, > = 1Year : CAGR. Benchmark is S&P CNX Nfty Index & # Market (Internal) Index is 50% Nifty + 50% Nifty Midcap 50. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Mid Small Potential capital appreciation in the long term by investing in a fusion of high growth sectors Company/Issuer Mkt Value (Rs. Lakh) % to NAV Nifty Futures 12, % Bharati Airtel Ltd 4, % Reliance Industries Ltd 3, % Sintex Industries Ltd 2, % Infosys Technologies Ltd 1, % Bharat Heavy Electricals Ltd 1, % HDFC Ltd 1, % ITC Limited 1, % ICICI Bank Ltd 1, % PTC India Ltd 1, % Hindustan Unilever Ltd 1, IVRCL Infrastructure & Projects Ltd 1, % Dishman Pharmaceuticals & Chemicals Ltd 1, % Sadbhav Engineering Ltd 1, % Mahindra & Mahindra Ltd % Pantaloon Retail (India) Ltd % Sterlite Industries India Ltd % Oil & Natural Gas Company Ltd % Voltas Ltd % Mahindra Gesco Developers Ltd % SREI Infrastructure Finance Ltd % UTI Bank Ltd % Reliance Communication Ltd % Reliance Energy Ltd % Divis Laboratories Ltd % AIA Engineering Ltd % Elecon Engneering Co Ltd % Aban Lloyd Chiles Offshore Ltd % Usha Martin Ltd % Marico Industries Ltd % Crompton Greaves Ltd % Zee Entertainment Enterprises Ltd % Jubilant Organosys Ltd % HCL Infosystems Ltd % Kirloskar Brothers Ltd % Punjab National Bank Ltd % Allied Digital Services Ltd % Vishal Retail Ltd % Jain Irrigation Systems Ltd % Treasury Bills 1, % 91 Days T Bill (MD 12/09/2008) 1, % CPs, CDs and Term Deposits 12, % Federal Bank Ltd 4, % ICICI Bank Ltd 2, % Oriental Bank of Commerce 2, % GE Money Financial Services Ltd 1, % State Bank of Travancore Ltd % Citibank % Corporation Bank Ltd % AXIS Bank Ltd % Cash, CBLO & Reverse Repo 6, % Other Current Assets (12,354.83) % Total Net Assets 61, Top Ten Holdings Sector Allocation* Hardware Media & Entertainment Ferrous Metals Consumer Durables Non-Ferrous Metals Oil Auto Retailing Power Software Pharmaceuticals Finance Banks Construction Petroleum Products Industrial Products Consumer Non-Durable Industrial Capital Goods Telecom Services 0.74% 0.85% 1.05% 1.46% 1.50% 1.50% 1.62% 1.90% 3.41% 3.78% 3.90% 4.25% 4.38% 4.93% 5.38% 5.47% 5.48% 6.08% 8.19% 1 *Pertains to the equity investments only. # The objective of including the 'market(internal) index' in the performance depicted is to enable a sharper comparison of actual performance of the scheme with an index bearing a closer correlation to the envisaged portfolio composition as defined in the offer document of the scheme. The benchmark index is also provided as regulatorily required. This is an initiative to enable the investor to arrive at a more informed judgement on scheme performance. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only. 7

8 ICICI Prudential Indo Asia Equity Fund Open Ended Diversified Equity Fund Fund Managers : Sankaran Naren (India Portion) (Managing this fund since inception & over 17 yrs of experience in fund management, equity research, operation etc.) Mrinal Singh (Asia Portion) (Managing this fund since Aug 08 & experience of over 6 yrs of which 3 months in equity market) Indicative Investment Horizon: 3 yrs & more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs Institutional Growth Option : Rs **Expense Ratio : Retail option : 2.21% Institutional option-i : 2.21% (Please refer to page no. 58 for Additional Information) Performance Record *- Growth Option -5.00% % % % % Last 6 months Indo Asia Equity Fund Style Box % % Since inception Benchmark *Returns < 1Year : Absolute, > = 1Year : CAGR. Benchmark is 65% of S&P CNX Nifty + 35% of MSCI AC Far East Free ex-japan Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Long term capital appreciation by investing in blend of Indian & Asian Equities Company/Issuer Mkt Value (Rs. Lakh) % to NAV IOF Asian Equity Fund 18, % Reliance Industries Ltd 4, % ICICI Bank Ltd 3, % Infosys Technologies Ltd 2, % Bharati Airtel Ltd 2, % Mahindra & Mahindra Ltd 1, % Tata Power Company Ltd 1, % ITC Limited 1, % Federal Bank Ltd 1, % Grasim Industries Ltd 1, % Bharat Electonics Ltd 1, % Sterlite Industries India Ltd 1, % Tata Consultancy Services Ltd 1, % Bajaj Auto Ltd 1, % ING Vysya Bank Ltd 1, % Aban Lloyd Chiles Offshore Ltd 1, % Hindalco Industries Ltd 1, % Ipca Laboratories Ltd 1, % Larsen & Toubro Ltd 1, % Oil & Natural Gas Company Ltd 1, % Tata Steel Ltd % Dr. Reddy s Laboratories Ltd % Zee Entertainment Enterprises Ltd % Texmaco Ltd % Karur Vysya Bank Ltd % Tata Tea Ltd % Reliance Communication Ltd % Bombay Dyeing & Manufacturing Co. Ltd % Ahluwalia Contractors Ltd % Deccan Chronicle Holdings Ltd % CPs, CDs and Term Deposits % AXIS Bank Ltd % ICICI Bank Ltd % Cash, CBLO & Reverse Repo 2, % Other Current Assets (1,425.06) -2.38% Total Net Assets 59, Top Ten Holdings Quantitative Indicators: Std Dev : 7.38% Sharpe Ratio^ : Beta : 0.95 R squared : 0.87 Annual Turnover Ratio : 2.34 times 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 3 month T-Bill cut-off of 9.16%. Sector Allocation* Construction 0.75% Textiles - Products 0.90% Ferrous Metals 1.50% Oil 1.71% Media & Entertainment 1.87% Cement 2.43% Power 2.98% Pharmaceuticals 3.17% Consumer Non-Durable 3.64% Non-Ferrous Metals 3.99% Auto 5.08% Telecom Services 5.18% Software 6.41% Industrial Capital Goods 7.16% Petroleum Products 8.02% Banks 11.50% 1 *Pertains to the Indian equity investments only. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. 8

9 ICICI Prudential Focused Equity Fund Open Ended Diversified Equity Scheme Fund Manager^ : Prashant Kothari (Managing this fund since inception & over 3 yrs of experience as equity analyst & fund manager) Indicative Investment Horizon: 3 yrs & more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs Institutional Option -I : Rs **Expense Ratio : Retail option : 2.24% Institutional option : 1.20% (Please refer to page no. 58 for Additional Information) Performance Record *- Growth Option Since inception -2.90% Focused Equity Fund % S&P CNX Nifty Style Box *Returns < 1Year : Absolute, > = 1Year : CAGR. Benchmark is S&P CNX Nfty Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. To maximize long-term total return by investing in equity and equity related securities of about 20 large-cap companies Company/Issuer Mkt Value (Rs. Lakh) % to NAV Nifty Futures 9, % Bharati Airtel Ltd 5, % Reliance Industries Ltd 4, % Infosys Technologies Ltd 4, % ICICI Bank Ltd 3, % Larsen & Toubro Ltd 3, % Bharat Heavy Electricals Ltd 2, % ITC Limited 2, % Tata Consultancy Services Ltd 2, % National Thermal Power Corporation Ltd 2, % Tata Steel Ltd 1, % Tata Power Company Ltd 1, % Hindalco Industries Ltd 1, % HDFC Ltd 1, % Bank of Baroda Ltd 1, % Mahindra & Mahindra Ltd 1, % Oil & Natural Gas Company Ltd % Asian Paints Ltd % Treasury Bills 3, % 91 Days T Bill (MD 12/09/2008) 3, % CPs, CDs and Term Deposits 11, % Federal Bank Ltd 4, % ICICI Bank Ltd 3, % Federal Bank Ltd 2, % AXIS Bank Ltd % Cash, CBLO & Reverse Repo 2, % Other Current Assets (8,956.85) % Total Net Assets 58, Top Ten Holdings Quantitative Indicators: Average P/E : Average P/BV : 3.20 Average Dividend Yield : 1.42 Sector Allocation* Oil Auto 0.88% 1.92% Finance 2.53% Non-Ferrous Metals 2.63% Ferrous Metals 2.94% Consumer Non-Durable 4.41% Power 6.24% Petroleum Products 7.77% Banks 8.38% Telecom Services 8.64% Industrial Capital Goods 9.92% Software 11.28% 1 *Pertains to the Indian equity investments only. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only. 9

10 ICICI Prudential Emerging S.T.A.R. Fund Open Ended Diversified Equity Fund Style Box Fund Manager^ : Deven Sangoi (Managing this fund since Sept., 2006 & overall 11 yrs of equity market experience & 5 yrs of fund management experience) Indicative Investment Horizon: 3 years & more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs Institutional option-i : Rs **Expense Ratio : Retail option : 2.25% Institutional option-i : 1.00% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception: Emerging S.T.A.R Fund Vs NIFTY Junior 509, , , , , , , , ,933 59,933 9,933 Emerging S.T.A.R. Fund NIFTY Junior Index Market (Internal) Index CAGR Emerging S.T.A.R. Fund : 28.25%; Benchmark : 20.52%; # Market (Internal) Index: 22.17%. Past performance may or may not be sustained in future. Performance Record *- Growth Option *Returns < 1Year : Absolute, > 1Year : CAGR. Benchmark is Nifty Junior & # Market (Internal) Index is Nifty Midcap 50. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) Emerging S.T.A.R. Fund NIFTY Junior Index Market (Internal) Index Since inception data. Benchmark is Nifty Junior & # Market (Internal) Index is Nifty Midcap 50. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Quantitative Indicators: Average P/E : Average P/BV : 2.49 Average Dividend Yield : 0.67 Annual Turnover Ratio : 0.54 times 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 3 month T-Bill cut-off of 9.16%. Fund Manager s Comment Rs Rs Rs Oct-04 Dec-04 Feb-05 Apr-05 Jun-05 Aug-05 Oct-05 Dec-05 Feb-06 Apr-06 Jun-06 Aug-06 Oct-06 Dec-06 Feb-07 Apr-07 Jun-07 Aug-07 Oct-07 Dec-07 Feb-08 Apr-08 Jun-08 Aug % 28.25% 22.17% 13.61% 12.22% 9.06% % % % % % % Last 6 Months Last 1 year Last 3 years Since Inception Emerging S.T.A.R. Fund NIFTY Junior Index Market (Internal) Index 6.69% 6.57% 6.90% When the Benchmark is up -8.09% %-10.05% When the Benchmark is down Std Dev : 9.17% Sharpe Ratio^ : 0.09 Beta : 0.90 R squared : 0.85 The fund maintained an average equity exposure of ~86% during the month including ~4% exposure to Nifty Futures, in order to maintain liquidity and ride the volatility. The fund has increased exposure to Banks and Pharmaceuticals. Long term investment of funds for capital appreciation on a mid-cap portfolio Company/Issuer Mkt Value (Rs. Lakh) % to NAV Deccan Chronicle Holdings Ltd 2, AIA Engineering Ltd 2, % Dishman Pharmaceuticals & Chemicals Ltd 2, % Sintex Industries Ltd 2, % Nifty Futures 1, % Patel Engineering Ltd 1, % Provogue (India) Ltd 1, % Union Bank of India Ltd 1, % Phillips Carbon Black Ltd 1, % Sterlite Optical Technologies Ltd 1, % TRF Ltd 1, % Divis Laboratories Ltd 1, % 3i Infotech Ltd 1, % Megasoft Ltd 1, % Gujarat NRE Coke Ltd 1, % Voltas Ltd 1, % Geodesic Information Systems Ltd % Aditya Birla Nuvo Ltd % Prime Focus Ltd % IVRCL Infrastructure & Projects Ltd % Welspun Gujarat Stahl Roh Ltd % Webel SL Energy Ltd % Mercator Lines Ltd % UTI Bank Ltd % Solectron Centum Electronics Ltd % Ruchi Soya Industries Ltd % Kalyani Steels Ltd % SREI Infrastructure Finance Ltd % Beck India Ltd % Nagarjuna Construction Company Ltd % Pantaloon Retail (India) Ltd % Bombay Dyeing & Manufacturing Co. Ltd % Mukand Ltd % India Infoline Ltd % Nitin Fire Protection Industries Ltd % KEC International Ltd % Nucleus Software Exports Ltd % Jagran Prakashan Pvt Ltd % Kirloskar Ferrous Industries Ltd % Orient Paper & Industries Ltd % Private Corporate Securities % ICICI Bank Ltd % CPs, CDs and Term Deposits 5, % Corporation Bank Ltd 2, % First India Credit Corporation Ltd 1, % ICICI Bank Ltd 1, % State Bank of Patiala Ltd % Cash, CBLO & Reverse Repo 3, % Other Current Assets (1,425.43) -2.86% Total Net Assets 49, Top Ten Holdings Sector Allocation* *Pertains to the equity investments only. SIP Returns: As on 31-Aug-08 Period SIP Start Date Total Amount Total No. Market Value SIP Invested of Units Returns 1 Year SIP 28-Sep-07 12, , % 3 Year SIP 30-Sep-05 36, , , % Since Inception 28-Oct-04 48, , , % Past performance may or may not be sustained in future. Assume Rs invested every month. # The objective of including the 'market(internal) index' in the performance depicted is to enable a sharper comparison of actual performance of the scheme with an index bearing a closer correlation to the envisaged portfolio composition as defined in the offer document of the scheme. The benchmark index is also provided as regulatorily required. This is an initiative to enable the investor to arrive at a more informed judgement on scheme performance. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only. 10 Cement Retailing Chemicals Consumer Non-Durable Transportation Consumer Durables Minerals/Mining Finance Power Auto Ancillaries Industrial Capital Goods Banks Ferrous Metals Textiles - Products Construction Pharmaceuticals Software Media & Entertainment Industrial Products 0.06% 1.17% 1.21% 1.34% 1.51% 2.10% 2.17% 2.21% 2.52% 2.98% 3.95% 4.71% 4.77% 6.66% 6.86% 7.09% 7.29% 8.57% %

11 ICICI Prudential Fusion Fund Close-ended Diversified Equity Scheme Style Box Fund Manager^ : Deven Sangoi (Managing this fund since Sept., 2006 & overall 11 yrs of Style equity market experience & 5 yrs of fund Value Blend Growth Size management experience) Large Indicative Investment Horizon: 5 yrs and more Inception date: Mid Fund Size: Rs crores NAV (As on 29-Aug-08): Small Growth option : Rs Dividend option : Rs Institutional option-i : Rs **Expense Ratio : Retail option : 2.23% Institutional option-i : 0.98% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception: Fusion Plan Vs NIFTY Junior 257, , , ,430 57,430 7,430 Fusion Fund NIFTY Junior Index Market (Internal) Index CAGR Fusion Fund: 3.25%; Benchmark : 5.08%; # Market (Internal) Index: 0.34%. Past performance may or may not be sustained in future. Performance Record *- Growth Option % -5.00% % % -3 Mar-06 May-06 Jul-06 Sep-06 Nov-06 Jan-07 Mar-07 May-07 Rs Rs Last 6 Months Last 1 year Since Inception Fusion Fund NIFTY Junior Index Market (Internal) Index *Returns < 1Year : Absolute, > = 1Year : CAGR. Benchmark is Nifty Junior Index & # Market (Internal) Index is Nifty Midcap 50. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Jul-07 Sep-07 Nov % % % % % % Rs Jan-08 Mar-08 May-08 Jul-08 Aug % 5.08% 0.34% Exploit the long-term investment potential of equity Company/Issuer Mkt Value (Rs. Lakh) % to NAV Subhiksha Trading Services Pvt Ltd 2, % Orbit Corporation Ltd 2, % Reliance Industries Ltd 2, % AIA Engineering Ltd 2, % Deccan Chronicle Holdings Ltd 2, % ICICI Bank Ltd 1, % Texmaco Ltd 1, % Dishman Pharmaceuticals & Chemicals Ltd 1, % Aditya Birla Nuvo Ltd 1, % Jain Irrigation Systems Ltd 1, % Cadila Healthcare Ltd 1, % Kewal Kiran Clothing Ltd 1, % Rallis India Ltd 1, % Bharti Shipyard Ltd 1, % Nifty Futures 1, % Aries Agro Ltd 1, % SREI Infrastructure Finance Ltd 1, % Kalyani Steels Ltd % Federal Bank Ltd % Advanta India Ltd % Gujarat Apollo Equipments Ltd % Techno Electric & Engineering Ltd % Zenith Infotech Ltd % K.G. Khosla Compressors Ltd % Reliance Capital Finance Ltd % Gei Hamon Industries Ltd % Megasoft Ltd % Arshiya International Ltd % Siyaram Silk Mills Ltd % Jagran Prakashan Pvt Ltd % Enkei Castalloy Ltd % Wabco TVS (India) Ltd % Sundaram Clayton Ltd % CPs, CDs and Term Deposits 4, % Corporation Bank Ltd 2, % ICICI Bank Ltd 1, % Cash, CBLO & Reverse Repo 5, % Other Current Assets 1, % Total Net Assets 46, Top Ten Holdings Avg. Monthly Returns in Various Market Conditions (Absolute) % -5.00% % 4.82% 6.32% 6.20% When the Benchmark is up Fusion Fund NIFTY Junior Index Market (Internal) Index Since inception data. Benchmark is Nifty Junior Index & # Market (Internal) Index is Nifty Midcap 50. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Quantitative Indicators: Average P/E : Average P/BV : 2.25 Average Dividend Yield: 1.11 Annual Turnover Ratio: 0.38 times -9.25% % % When the Benchmark is down Std Dev : 8.34% Sharpe Ratio^ : Beta : 0.78 R squared : 0.80 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 3 month T-Bill cut-off of 9.16%. Sector Allocation* Auto Ancillaries Transportation Consumer Durables Agri Inputs Ferrous Metals Fertilizers Pesticides Software Finance Petroleum Products Construction Media & Entertainment Retailing Pharmaceuticals Banks Textiles - Products Industrial Products Industrial Capital Goods *Pertains to the equity investments only. 0.58% 1.14% 1.47% 1.82% 2.10% 2.26% 2.48% 2.88% 3.65% 4.74% 5.01% 5.16% 5.32% 5.95% 6.15% 6.92% 7.79% 10.53% 1 # The objective of including the 'market(internal) index' in the performance depicted is to enable a sharper comparison of actual performance of the scheme with an index bearing a closer correlation to the envisaged portfolio composition as defined in the offer document of the scheme. The benchmark index is also provided as regulatorily required. This is an initiative to enable the investor to arrive at a more informed judgement on scheme performance. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only. 11

12 ICICI Prudential Growth Plan Open Ended Diversified Equity Fund Style Box Fund Manager^ : Deven Sangoi (Managing this fund since Oct., 2005 & overall 11 yrs of equity market experience & 5 yrs of fund management experience) Indicative Investment Horizon: 5 years & more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs Institutional option-i : Rs **Expense Ratio : Retail option : 2.33% Institutional option-i : 1.00% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception: Growth Plan Vs S&P CNX Nifty 1,608,000 1,408,000 1,208,000 1,008, , , , ,000 8,000 Growth Plan S&P CNX Nifty CAGR Growth Plan : 25.06%; Benchmark : 16.07% Past performance may or may not be sustained in future. Performance Record *- Growth Option *Returns < 1Year : Absolute, > 1Year : CAGR. Benchmark is S&P CNX Nifty. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) Growth Plan S&P CNX Nifty Since inception data. Benchmark is S&P CNX Nifty. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Quantitative Indicators: Average P/E : Average P/BV : 3.21 Average Dividend Yield : 1.40 Annual Turnover Ratio : 1.41 times Rs Rs Jul-98 Jan-99 Aug-99 Feb-00 Sep-00 Apr-01 Oct-01 May-02 Nov-02 Jun-03 Dec-03 Jul-04 Feb-05 Aug-05 Mar-06 Sep-06 Apr-07 Oct-07 Aug % 25.06% 22.30% 26.27% 16.07% 20.49% % -6.72% % % Last 6 Months Last 1 year Last 3 years Last 5 years Growth Plan S&P CNX Nifty % 6.50% When the Benchmark is up -5.76% Since Inception -6.11% When the Benchmark is down Std Dev : 7.56% Sharpe Ratio^ : 0.15 Beta : 0.95 R squared : 0.97 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 3 month T-Bill cut-off of 9.16%. Fund Manager's Comment The fund maintained an average equity exposure of ~90% during the month, while maintaining ~9% exposure to Nifty Futures and balance in money market instruments in the interest of maintaining liquidity. The fund has cut exposure to Industrial Capital Goods and Ferrous Metals. Company/Issuer Mkt Value (Rs. Lakh) % to NAV Reliance Industries Ltd 3, % Nifty Futures 3, % Oil & Natural Gas Company Ltd 2, % Bharati Airtel Ltd 2, % Infosys Technologies Ltd 1, % Bharat Heavy Electricals Ltd 1, % Reliance Communication Ltd 1, % National Thermal Power Corporation Ltd % ITC Limited % State Bank of India Ltd % Larsen & Toubro Ltd % HDFC Ltd % Tata Consultancy Services Ltd % ICICI Bank Ltd % Reliance Petroleum Ltd % Sterlite Industries India Ltd % HDFC Bank Ltd % Cairn India Ltd % Steel Authority of India Ltd % Dr. Reddys Laboratories Ltd % Tata Steel Ltd % Suzlon Energy Ltd % Tata Power Company Ltd % Gas Authority of India Ltd % Maruti Udyog Ltd % Punjab National Bank Ltd % Zee Entertainment Enterprises Ltd % Associated Cement Companies Ltd % Satyam Computer Services Ltd % Grasim Industries Ltd % Reliance Energy Ltd % Hindalco Industries Ltd % Treasury Bills 1, % 91 Days T Bill (MD 12/09/2008) 1, % CPs, CDs and Term Deposits 2, % ICICI Bank Ltd 2, % Cash, CBLO & Reverse Repo 3, % Other Current Assets (3,160.29) -9.37% Total Net Assets 33, Top Ten Holdings Sector Allocation* *Pertains to the equity investments only. SIP Returns: As on 31-Aug-08 Period SIP Start Date Total Amount Total No. Market Value SIP Invested of Units Returns 1 Year SIP 28-Sep-07 12, , % 3 Year SIP 30-Sep-05 36, , % 5 Year SIP 30-Sep-03 60, , , % Since Inception 9-Jul , , , % Past performance may or may not be sustained in future. Assume Rs invested every month. The high level of returns come from the sharp appreciation in market, in the year Long term investment of funds for capital appreciation Media & Entertainment **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only. Auto Gas Pharmaceuticals Cement Consumer Non-Durable Ferrous Metals Non-Ferrous Metals Finance Industrial Capital Goods Power Banks Software Telecom Services Oil Petroleum Products 0.97% 1.06% 1.17% 1.52% 1.83% 2.96% 3.12% 3.30% 4.85% 6.16% 6.39% 6.61% 7.97% 9.05% 9.49% 12.29% 1

13 ICICI Prudential Discovery Fund Open Ended Diversified Equity Fund Style Box Fund Manager^ : Sankaran Naren (Managing this fund since Oct., 2005 & over 17 yrs of experience in fund management, equity research, operation etc.) Indicative Investment Horizon: 5 yrs and more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs Institutional option-i : Rs **Expense Ratio : Retail option : 2.33% Institutional option-i : 1.00% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception: Discovery Fund Vs S&P CNX Nifty 459, , , , , , , ,819 59,819 9,819 Discovery Fund S&P CNX Nifty Market (Internal Index) CAGR Discovery Plan : 26.17%; Benchmark : 28.19%; & # Market (Internal) Index: 13.56%. Past performance may or may not be sustained in future. Performance Record *- Growth Option Discovery Fund S&P CNX Nifty Market (Internal) Index *Returns < 1Year : Absolute, > 1Year : CAGR. Benchmark is S&P CNX Nifty & # Market (Internal) Index is India Value Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) Discovery Fund S&P CNX Nifty Market (Internal) Index Since inception data. Benchmark is S&P CNX Nifty & # Market (Internal) Index is India Value Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Quantitative Indicators: Rs Rs Rs Aug-04 Oct-04 Dec-04 Feb-05 Apr-05 Jun-05 Aug-05 Oct-05 Dec-05 Feb-06 Apr-06 Jun-06 Aug-06 Oct-06 Dec-06 Feb-07 Apr-07 Jun-07 Aug-07 Oct-07 Dec-07 Feb-08 Apr-08 Jun-08 Aug % 22.30% 26.17% 11.54% 13.56% % -2.33% 2.98% % % % % -4 Last 6 Months Last 1 year Last 3 years Since Inception % 5.96% 5.32% When the Benchmark is up -6.79% -6.85% -8.44% When the Benchmark is down Long term investment of funds for capital appreciation following value investment philosophy Company/Issuer Mkt Value (Rs. Lakh) % to NAV Cadila Healthcare Ltd 2, % ICICI Bank Ltd 2, % Infosys Technologies Ltd 1, % ING Vysya Bank Ltd 1, % Ruchi Soya Industries Ltd 1, % SRF Ltd 1, % Federal Bank Ltd 1, % Vardhaman Textiles Ltd 1, % Mahindra & Mahindra Ltd 1, % Indian Oil Corporation Ltd 1, % Rallis India Ltd 1, % Eclerx Services Ltd % Bharat Electonics Ltd % India Nippon Elect Ltd % Zuari Industries Ltd % Sterlite Industries India Ltd % MM Forgings Ltd % Nitin Fire Protection Industries Ltd % Hyderabad Industries Ltd % Jubilant Organosys Ltd % Hindalco Industries Ltd % FDC Ltd % Kalyani Steels Ltd % Kesoram Industries Ltd % Kirloskar Ferrous Industries Ltd % Deccan Chronicle Holdings Ltd % Kirloskar Oil Engines Ltd % Oil & Natural Gas Company Ltd % C & C Constructions Ltd % Finolex Cables Ltd % Birla Corporation Ltd % Apollo Tyres Ltd % HOV Services Ltd % Raymond Ltd % Pantaloon Retail (India) Ltd % CPs, CDs and Term Deposits 1, % ICICI Bank Ltd 1, % State Bank of India Ltd % Cash, CBLO & Reverse Repo % Other Current Assets (82.97) -0.27% Total Net Assets 30, Top Ten Holdings Sector Allocation* Average P/E : Std Dev : 8.38% Banks 16.23% Average P/BV : 1.41 Sharpe Ratio^ : 0.07 Average Dividend Yield : 2.34 Beta : R squared : 0.73 turnover has been computed as the ratio of the lower value of Annual Turnover Ratio : 1.76 times *Pertains to the equity investments only. 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. SIP Returns: As on 31-Aug-08 ^ Risk-free rate based on the last 3 month T-Bill cut-off of 9.16%. Period SIP Start Date Total Amount Total No. Market Value SIP Fund Manager's Comment Invested of Units Returns The fund maintained an average equity exposure of ~90-92%. The fund has 1 Year SIP 28-Sep-07 12, , % increased exposure to Banks, while that in Consumer Non-Durables and Pharma 3 Year SIP 30-Sep-05 36, , , % exposure is reduced. The "tick" extending beyond the red portion represents the Since Inception 16-Aug-04 50, , , % exposure to mid-caps has been increased to take advantage of value opportunities in mid-cap segment. Past performance may or may not be sustained in future. Assume Rs invested every month. # The objective of including the 'market(internal) index' in the performance depicted is to enable a sharper comparison of actual performance of the scheme with an index bearing a closer correlation to the envisaged portfolio composition as defined in the offer document of the scheme. The benchmark index is also provided as regulatorily required. This is an initiative to enable the investor to arrive at a more informed judgement on scheme performance. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only. 13 Retailing Textiles - Products Construction Oil Media & Entertainment Fertilizers Industrial Capital Goods Cement Ferrous Metals Pesticides Petroleum Products Auto Non-Ferrous Metals Textiles - Cotton Textiles - Synthetic Auto Ancillaries Consumer Non-Durable Industrial Products Software Pharmaceuticals 0.42% 0.45% 1.18% 1.40% 1.56% 2.09% 2.26% 2.87% 3.22% 3.58% 3.76% 3.77% 3.79% 4.06% 4.34% 4.52% 5.09% 6.41% 8.90% 11.82%

14 ICICI Prudential Child Care Plan (Gift) (An Open Ended Fund) 31st Aug, 2004 Fund Manager^: Munzal Shah (Managing this fund since June, 2007 & over 6 yrs of experience as equity research analyst in mid-cap space) Indicative Investment Horizon: 6-17 yrs Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08) : Rs **Expense Ratio : 2.46% (Please refer to page no. 58 for Additional Information) Rs invested at inception*: CCP - Gift Vs Crisil Balanced Fund Index 608, , , , , ,056 CAGR CCP - Gift : 22.67%; Benchmark : 16.84%. Past performance may or may not be sustained in future. Performance Record * - Cumulative Option Style Box *Returns >= 1 Year are CAGR, < 1 Year are Absolute. Benchmark is 50% Nifty Midcap % BSE Small Cap; Start Date:01-Jan-04. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) , Jan-04 Jun % Child Care Plan - Gift Benchmark Since inception data. Benchmark is 50% Nifty Midcap % BSE Small Cap; Start Date: 01-Jan-04. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Quantitative Indicators: Nov-04 Apr-05 Sep-05 Child Care Gift -8.17% % 4.97% When the Benchmark is up Feb % 7.11% % % Last 6 Last 1 Last 3 Last 5 Months year years years Child Care Gift Benchmark Average P/E : Average P/BV : 2.29 Average Dividend Yield : 0.99 Annual Turnover Ratio : 1.82 times 22.50% 22.57% -3.72% -4.70% Since Inception When the Benchmark is down Std Dev : 7.52% Sharpe Ratio^ : 0.08 Beta : 0.82 R squared : 0.72 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 3 month T-Bill cut-off of 9.16%. Jul-06 Rs Dec-06 May-07 Benchmark Rs Oct-07 Mar-08 Aug-08 For your child between 1-13 years and seeking to save over a long term horizon Company/Issuer Mkt Value (Rs. Lakh) % to NAV Federal Bank Ltd % Aditya Birla Nuvo Ltd % Voltas Ltd % Rallis India Ltd % Blue Star Ltd % Sintex Industries Ltd % Provogue (India) Ltd % Phillips Carbon Black Ltd % Jaiprakash Associates Ltd % Ahluwalia Contractors Ltd % Indoco Remedies Ltd % Bombay Dyeing & Manufacturing Co. Ltd % Allied Digital Services Ltd % Exide Industries Ltd % Time Technoplast Ltd % Mahindra Gesco Developers Ltd % ION Exchange India Ltd % Reliance Industries Ltd % Gujarat Apollo Equipments Ltd % Elecon Engneering Co Ltd % Sun Pharma Advanced Research Co. Ltd % Glenmark Pharmaceuticals Ltd % Carborandum Universal Ltd % Forbes Gokak Ltd % Jubilant Organosys Ltd % Orient Paper & Industries Ltd % Kalyani Steels Ltd % Kirloskar Brothers Ltd % Kirloskar Oil Engines Ltd % Petron Engineering Construction Ltd % Kirloskar Ferrous Industries Ltd % I-Flex Solutions Ltd % Valecha Engineering Ltd % Pantaloon Retail (India) Ltd % Ceat Ltd % WS Industries India Ltd % Apollo Tyres Ltd % Vimta Labs Ltd % Cummins India Ltd % Orbit Corporation Ltd % Pidilite Industries Ltd % CHI Investments Ltd % Nicholas Research & Development Ltd % Solectron Centum Electronics Ltd % PSU/PFI Bonds % Union Bank of India Ltd % Private Corporate Securities 1, % CitiFinancial Consumer Finance India Ltd % HDFC Ltd % Tata Sons Ltd % Titan Industries Ltd % Pass Through Certificates* % PTC IBL Trust IndusInd Bank % CPs, CDs and Term Deposits % ICICI Bank Ltd % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 11, Top Ten Holdings *Please refer to annexure on Pass Through Certificates Details for complete details. Sector Allocation* Finance 0.21% Consumer Non-Durable 0.30% Healthcare Services 0.62% Retailing 0.86% Cement 1.33% Petroleum Products 1.80% Chemicals 1.93% Ferrous Metals 2.22% Software 3.00% Pesticides 3.13% Banks 4.57% Auto Ancillaries 6.05% Industrial Capital Goods 6.14% Pharmaceuticals 7.03% Industrial Products 7.07% Consumer Durables 7.63% Textiles - Products 8.53% Construction 8.96% 1 *Pertains to the equity positions only. SIP Returns 14 As on 31-Aug-08 Period SIP Start Date Total Amount Total No. Market Value SIP Invested of Units Returns 1 Year SIP 28-Sep-07 12, , % 3 Year SIP 30-Sep-05 36, , % 5 Year SIP 30-Sep-03 60, , , % Since Inception 31-Aug-01 85, , , % Past performance may or may not be sustained in future. Assume Rs invested every month. # The objective of including the 'market(internal) index' in the performance depicted is to enable a sharper comparison of actual performance of the scheme with an index bearing a closer correlation to the envisaged portfolio composition as defined in the offer document of the scheme. The benchmark index is also provided as regulatorily required. This is an initiative to enable the investor to arrive at a more informed judgement on scheme performance. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only.

15 ICICI Prudential Infrastructure Fund Open Ended Equity Fund Style Box Fund Manager^ : Sankaran Naren (Managing this fund since Oct., 2005 & over 17 yrs of experience in fund management, equity research, operation etc.) Indicative Investment Horizon: 5 yrs and more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs Institutional option-i : Rs **Expense Ratio : Retail option : 1.82% Institutional option-i : 1.00% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception: Infrastructure Fund Vs S&P CNX Nifty 409, , , , , , ,420 59,420 9,420 Infrastructure Fund S&P CNX Nifty Market (Internal) Index CAGR Infrastructure : 35.38%; Benchmark : 22.30%; & # Market (Internal) Index: 28.22% Past performance may or may not be sustained in future. Performance Record *- Growth Option Rs Rs Rs Aug-05 Oct-05 Dec-05 Feb-06 Apr-06 Jun-06 Aug-06 Oct-06 Dec-06 Feb-07 Apr-07 Jun-07 Aug-07 Oct-07 Dec-07 Feb-08 Apr-08 Jun-08 Aug % -2.33% -1.92% 35.38% 28.22% 22.30% % % % Last 6 Months Last 1 year Since Inception Infrastructure Fund S&P CNX Nifty Market (Internal) Index *Returns < 1Year : Absolute, > = 1Year : CAGR. Benchmark is S&P CNX Nifty & # Market (Internal) Index is India Infrastructure Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) % 5.80% 3.56% When the Benchmark is up -5.50% -8.02% -7.56% When the Benchmark is down Infrastructure Fund S&P CNX Nifty Market (Internal) Index Since inception data. Benchmark is S&P CNX Nifty & # Market (Internal) Index is India Infrastructure Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Quantitative Indicators: Average P/E : Std Dev : 8.92% Average P/BV : 3.04 Sharpe Ratio^ : 0.24 Average Dividend Yield : 0.94 Beta : 1.12 Annual Turnover Ratio : 2.67 times R squared : 0.92 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 3 month T-Bill cut-off of 9.16%. Fund Manager's Comment The fund has remained invested about 75% in direct equity and balance in money market instruments and short-term debt instruments in the interest of liquidity. As a defensive measure, a significant part of the portfolio is allocated to large caps. The fund is overweight Industrial Products/Capital Goods on the back of attractive valuations post correction. Long term investment of funds for capital appreciation derived from the growth and development of the infrastructure sector Company/Issuer Mkt Value (Rs. Lakh) % to NAV Reliance Industries Ltd 36, % Bharati Airtel Ltd 30, % Larsen & Toubro Ltd 28, % ICICI Bank Ltd 24, % Bharat Heavy Electricals Ltd 24, % Jindal Steel & Power Company Ltd 13, % Sterlite Industries India Ltd 12, % Grasim Industries Ltd 9, % Jaiprakash Associates Ltd 8, % Cairn India Ltd 7, % Patel Engineering Ltd 6, % Tata Power Company Ltd 6, % Kesoram Industries Ltd 5, % Kalpataru Power Transmission Ltd 5, % Usha Martin Ltd 5, % Kotak Mahindra Bank Ltd 4, % Containers Corporation of India Ltd 4, % Aban Lloyd Chiles Offshore Ltd 4, % PTC India Ltd 4, % Indian Hotels Company Ltd 4, % Gujarat Ambuja Cement Ltd 4, % Reliance Communication Ltd 3, % BL Kashyap and Sons Ltd 3, % UTI Bank Ltd 3, % Mahindra & Mahindra Ltd 3, % Nagarjuna Construction Company Ltd 2, % Electrosteel Castings Ltd 2, % Suzlon Energy Ltd 2, % Oil & Natural Gas Company Ltd 2, % Bank of Baroda Ltd 1, % Associated Cement Companies Ltd 1, % Aditya Birla Nuvo Ltd 1, % Techno Electric & Engineering Ltd 1, % Voltas Ltd 1, % Tata Communications Ltd 1, % Gammon India Ltd 1, % Kirloskar Oil Engines Ltd 1, % Industrial Development Finance Corporation Ltd % Birla Corporation Ltd % Adhunik Metaliks Ltd % ABG Heavy Industries Ltd % HDFC Ltd % Dredging Corporation of India Ltd % PSU/PFI Bonds % Union Bank of India Ltd % Private Corporate Securities 8, % Mahindra & Mahindra Financial Services Ltd 5, % ICICI Bank Ltd 3, % Pass Through Certificates* % PTC Hero Motors Ltd % Treasury Bills 9, % 182 Days T Bill (MD 12/12/08) 9, % 91 Days T Bill (MD 12/09/2008) 4, % CPs, CDs and Term Deposits 78, % Oriental Bank of Commerce 14, % ICICI Bank Ltd 14, % Corporation Bank Ltd 12, % Allahabad Bank Ltd 10, % Vijaya Bank 5, % L&T Finance Ltd 4, % GE Money Financial Services Ltd 4, % State Bank of Travancore Ltd 3, % Kotak Mahindra Bank Ltd 2, % Punjab National Bank Ltd 1, % Jammu & Kashmir Bank Ltd 1, % Tata Sons Ltd 1, % AXIS Bank Ltd % Cash, CBLO & Reverse Repo 4, % Other Current Assets 2, % Total Net Assets 397, Top Ten Holdings *Please refer to annexure on Pass Through Certificates Details for complete details. Sector Allocation* *Pertains to the equity investments only. SIP Returns: 15 Dredging Finance Consumer Durables Textiles - Products Industrial Products Auto Hotels Transportation Auto Ancillaries Oil Non-Ferrous Metals Power Cement Ferrous Metals Construction Banks Telecom Services Petroleum Products Industrial Capital Goods 0.04% 0.30% 0.33% 0.39% 0.82% 0.90% 1.03% 1.26% 1.47% 2.40% 3.12% 3.16% 4.06% 4.87% 5.56% 8.81% 8.87% 9.15% As on 31-Aug-08 Period SIP Start Date Total Amount Total No. Market Value SIP Invested of Units Returns 1 Year SIP 28-Sep-07 12, , % 3 Year SIP 30-Sep-05 36, , , % Since Inception 31-Aug-05 37, , , % Past performance may or may not be sustained in future. Assume Rs invested every month. The high level of returns come from the sharp appreciation in market, in the year # The objective of including the 'market(internal) index' in the performance depicted is to enable a sharper comparison of actual performance of the scheme with an index bearing a closer correlation to the envisaged portfolio composition as defined in the offer document of the scheme. The benchmark index is also provided as regulatorily required. This is an initiative to enable the investor to arrive at a more informed judgement on scheme performance. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only % 5.00% % 2

16 ICICI Prudential Services Industries Fund Open Ended Equity Fund Style Box Fund Manager^ : Deven Sangoi (Managing this fund since inception & overall 11 yrs of equity market experience & 5 yrs of fund management experience) Indicative Investment Horizon: 5 yrs. & more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs **Expense Ratio : 2.25% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception: Services Industries Fund Vs S&P CNX Nifty 308, , , , ,810 58,810 8,810 Nov-05 Jan-06 Mar-06 May-06 Jul-06 CAGR Service Industries : 13.38%; Benchmark : 19.83%; # Market (Internal) Index: 14.29%. Past performance may or may not be sustained in future. Performance Record *- Growth Option % % 14.29% % -2.33% % % % % -4 Last 6 Months Last 1 year Since Inception Services Industries Fund S&P CNX Nifty Market (Internal) Index *Returns >= 1 Year are CAGR, < 1 Year are Absolute. Benchmark is S&P CNX Nifty & # Market (Internal) Index is India Service Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) Services Industries Fund S&P CNX Nifty Market (Internal) Index Since inception data. Benchmark is S&P CNX Nifty & # Market (Internal) Index is India Service Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Quantitative Indicators: Sep-06 Nov-06 Jan-07 Mar-07 May-07 Jul-07 Sep-07 Services Industries Fund S&P CNX Nifty Market (Internal) Index 5.60% 5.39% 5.79% When the Benchmark is up Average P/E : Average P/BV : 2.87 Rs Rs Rs Nov-07 Jan-08 Mar-08 May-08 Jul-08 Aug % -8.34% -8.61% When the Benchmark is down Std Dev : 8.05% Sharpe Ratio^ : 0.08 Beta : 0.96 Average Dividend Yield : 1.06 Annual Turnover Ratio : 0.97 times R squared : 0.75 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 3 month T-Bill cut-off of 9.16%. Fund Manager's Comment The fund maintained an average equity exposure of ~90% during the month, including ~11% in Nifty Futures in order to maintain liquidity and ride the volatility. The fund continues to be overweight Banks and Construction. It has increased exposure to Pharma. Long term investment of funds for capital appreciation derived from the growth potential of the service industries sector Company/Issuer Mkt Value (Rs. Lakh) % to NAV Nifty Futures 5, % Patel Engineering Ltd 2, % Bharati Airtel Ltd 2, % Infosys Technologies Ltd 2, % ICICI Bank Ltd 2, % Dishman Pharmaceuticals & Chemicals Ltd 1, % Aditya Birla Nuvo Ltd 1, % Reliance Communication Ltd 1, % Jain Irrigation Systems Ltd 1, % 3i Infotech Ltd 1, % Deccan Chronicle Holdings Ltd 1, % Tata Consultancy Services Ltd 1, % State Bank of India Ltd 1, % Sintex Industries Ltd 1, % Bharti Shipyard Ltd 1, % UTI Bank Ltd 1, % Containers Corporation of India Ltd 1, % Aban Lloyd Chiles Offshore Ltd 1, % Punjab National Bank Ltd % SREI Infrastructure Finance Ltd % BL Kashyap and Sons Ltd % Jaiprakash Associates Ltd % Divis Laboratories Ltd % HDFC Ltd % United Phosphorus Ltd % Satyam Computer Services Ltd % Zee Entertainment Enterprises Ltd % Jagran Prakashan Pvt Ltd % Geodesic Information Systems Ltd % Techno Electric & Engineering Ltd % Indoco Remedies Ltd % Pantaloon Retail (India) Ltd % Hindustan Dorr-Oliver Ltd % Nucleus Software Exports Ltd % Webel SL Energy Ltd % Nagarjuna Construction Company Ltd % Wabco TVS (India) Ltd % Jubilant Organosys Ltd % Vimta Labs Ltd % Sundaram Clayton Ltd % Country Club (India) Ltd % Voltas Ltd % Orbit Corporation Ltd % Pass Through Certificates* 1, % PTC Hero Motors Ltd 1, % CPs, CDs and Term Deposits 6, % Corporation Bank Ltd 2, % ICICI Bank Ltd 2, % State Bank of Travancore Ltd 1, % Cash, CBLO & Reverse Repo % Other Current Assets (3,903.73) -8.28% Total Net Assets 47, Top Ten Holdings *Please refer to annexure on Pass Through Certificates Details for complete details. Sector Allocation* *Pertains to the equity investments only. SIP Returns: 16 Consumer Hotels Healthcare Power Retailing Auto Ancillaries Pesticides Transportation Finance Textiles - Products Media & Industrial Products Industrial Capital Pharmaceuticals Telecom Services Construction Banks Software 0.08% 0.23% 0.51% 0.84% 0.97% 0.99% 1.31% 2.20% 3.45% 3.57% 5.27% 5.76% 6.58% 6.96% 8.12% 9.36% 11.53% 13.43% 1 1 As on 31-Aug-08 Period SIP Start Date Total Amount Total No. Market Value SIP Invested of Units Returns 1 Year SIP 28-Sep-07 12, , % Since Inception 30-Nov-05 34, , , % Past performance may or may not be sustained in future. Assume Rs invested every month. # The objective of including the 'market(internal) index' in the performance depicted is to enable a sharper comparison of actual performance of the scheme with an index bearing a closer correlation to the envisaged portfolio composition as defined in the offer document of the scheme. The benchmark index is also provided as regulatorily required. This is an initiative to enable the investor to arrive at a more informed judgement on scheme performance. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only.

17 ICICI Prudential FMCG Fund Open Ended FMCG Sectoral Fund Style Box Fund Manager^ : Prashant Kothari (Managing this fund since Oct., 2005 & over 3 yrs of experience as equity analyst & fund manager) Indicative Investment Horizon: 5 yrs & more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs **Expense Ratio : 2.50% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception: FMCG Vs CNX FMCG Index 705, , , , , , ,000 5,000 Rs Rs Mar-99 Sep-99 Mar-00 Sep-00 Mar-01 Sep-01 Mar-02 Sep-02 Mar-03 Sep-03 Mar-04 Aug-04 Feb-05 Aug-05 Feb-06 Aug-06 Feb-07 Aug-07 Feb-08 Aug-08 FMCG Fund CNX FMCG Index Long term investment of funds for capital appreciation in FMCG sector Company/Issuer Mkt Value (Rs. Lakh) % to NAV Asian Paints Ltd % ITC Limited % Gillette India Ltd % ITC Limited - Futures % Marico Industries Ltd % Pidilite Industries Ltd % Pantaloon Retail (India) Ltd % Vishal Retail Ltd % Provogue (India) Ltd % Piramyd Retail Ltd % CPs, CDs and Term Deposits % ICICI Bank Ltd % Cash, CBLO & Reverse Repo % Other Current Assets (805.61) % Total Net Assets 5, Top Ten Holdings CAGR FMCG : 16.24%; Benchmark : 6.06% Past performance may or may not be sustained in future. Performance Record* - Growth Option Sector Allocation* % % -5.57% % Last 6 Last 1 Months year FMCG Fund 14.70% 14.01% Last 3 years CNX FMCG Index 32.15% 17.38% 16.24% 6.06% Last 5 years Since Inception Textiles - Products Retailing 3.74% 15.48% *Returns < 1Year : Absolute, > = 1Year : CAGR. Benchmark is CNX FMCG Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Consumer Non-Durable 78.75% Avg. Monthly Returns in Various Market Conditions (Absolute) % 5.87% *Pertains to the equity investments only When the Benchmark is up -2.96% -5.18% When the Benchmark is down FMCG Fund CNX FMCG Index Since inception data. Benchmark is CNX FMCG Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Quantitative Indicators: Average P/E : Average P/BV : 5.94 Average Dividend Yield : 1.05 Annual Turnover Ratio : 1.18 times Std Dev : 7.28% Sharpe Ratio^ : 0.09 Beta : 0.80 R squared : 0.68 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 3 month T-Bill cut-off of 9.16%. SIP Returns: As on 31-Aug-08 Period SIP Start Date Total Amount Total No. Market Value SIP Invested of Units Returns 1 Year SIP 28-Sep-07 12, , % 3 Year SIP 30-Sep-05 36, , % 5 Year SIP 30-Sep-03 60, , , % Since Inception 31-Mar , , , % Past performance may or may not be sustained in future. Assume Rs invested every month. The high level of returns come from the sharp appreciation in market, in the year **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only. 17

18 ICICI Prudential Technology Fund Open Ended Equity Fund Fund Manager^ : Deven Sangoi (Managing this fund since Aug 08 & overall 11 yrs of equity market experience & 5 yrs of fund management experience) Indicative Investment Horizon: 5 yrs & more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option: Rs **Expense Ratio : 2.50% (Please refer to page no. 58 for Additional Information) Style Box Rs invested at inception: Technology Fund Vs BSE Tech Index 201, , , , , ,177 81,177 61,177 41,177 21,177 1,177 Rs Rs Rs Mar-00 Sep-00 Mar-01 Sep-01 Mar-02 Sep-02 Mar-03 Sep-03 Mar-04 Sep-04 Mar-05 Sep-05 Mar-06 Sep-06 Mar-07 Sep-07 Mar-08 Aug-08 Technology Fund BSE Teck Market (Internal) Index CAGR Technology Fund: 1.63%; Benchmark : -4.38%; # Market (Internal) Index: -2.67%. Past performance may or may not be sustained in future. Long term investment of funds for capital appreciation in technology sector Company/Issuer Mkt Value (Rs. Lakh) % to NAV Allied Digital Services Ltd 1, % Infosys Technologies Ltd 1, % 3i Infotech Ltd 1, % Tanla Solutions Ltd % Eclerx Services Ltd % Tata Consultancy Services Ltd I-Flex Solutions Ltd % Vakrangee Software Ltd % HOV Services Ltd % Deccan Chronicle Holdings Ltd % Solectron Centum Electronics Ltd % Megasoft Ltd % Webel SL Energy Ltd % Geodesic Information Systems Ltd % Avaya Global Connect Ltd % Quality Assurance Institute (I) Ltd % CPs, CDs and Term Deposits % ICICI Bank Ltd % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 8, Top Ten Holdings Performance Record *- Growth Option Sector Allocation* % 25.57% 27.31% 14.43% 14.25% -5.85% 7.29% % 1.63% -4.29% % % Last 6 Last 1 Months year % Last 3 years Last 5 years -2.67% -4.38% Since Inception Technology Fund BSE Teck Index Market (Internal) Index *Returns < 1Year : Absolute, > = 1Year : CAGR. Benchmark is BSE Teck Index & # Market (Internal) Index is 90% BSE Teck + 10% BSE HC. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Consultancy Telecom Services Power Industrial Capital Goods Media & Entertainment 0.86% 1.31% 1.62% 2.49% 2.51% Avg. Monthly Returns in Various Market Conditions (Absolute) % 6.89% 7.13% When the Benchmark is up -8.45% % -9.67% When the Benchmark is down Software 78.09% *Pertains to the equity investments only. Technology Fund BSE Teck Index Market (Internal) Index Since inception data. Benchmark is BSE Teck Index & # Market (Internal) Index is 90% BSE Teck + 10% BSE HC. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Quantitative Indicators: Average P/E : Average P/BV : 3.02 Average Dividend Yield : 1.38 Annual Turnover Ratio : 0.89 times Std Dev : 8.55% Sharpe Ratio^ : 0.03 Beta : 0.94 R squared : 0.62 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 3 month T-Bill cut-off of 9.16%. SIP Returns: As on 31-Aug-08 Period SIP Start Date Total Amount Total No. Market Value SIP Invested of Units Returns 1 Year SIP 28-Sep-07 12, , % 3 Year SIP 30-Sep-05 36, , , Year SIP 30-Sep-03 60, , , % Since Inception 3-Mar , , , % Past performance may or may not be sustained in future. Assume Rs invested every month. # The objective of including the 'market(internal) index' in the performance depicted is to enable a sharper comparison of actual performance of the scheme with an index bearing a closer correlation to the envisaged portfolio composition as defined in the offer document of the scheme. The benchmark index is also provided as regulatorily required. This is an initiative to enable the investor to arrive at a more informed judgement on scheme performance. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only. 18

19 ICICI Prudential Index Fund Open Ended Index Linked Growth Scheme Fund Manager : Yogesh Bhatt (Managing this fund since Oct., 2005 & over 15 yrs of experience as equity dealer) Indicative Investment Horizon: 5 yrs & more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Rs **Expense Ratio : 1.25% (Please refer to page no. 58 for Additional Information) Rs invested at inception: Index Fund Vs S&P CNX Nifty 607, , , , , ,000 7,000 CAGR Index Fund : 23.66%; Benchmark : 22.09% Past performance may or may not be sustained in future. Performance Record *- Cumulative Option % % % -5.00% % -2 Rs Rs Feb-02 May-02 Jul-02 Oct-02 Dec-02 Mar-03 May-03 Aug-03 Oct-03 Jan-04 Mar-04 Jun-04 Aug-04 Nov-04 Jan-05 Apr-05 Jun-05 Sep-05 Nov-05 Feb-06 Apr-06 Jul-06 Sep-06 Dec-06 Feb-07 May-07 Jul-07 Oct-07 Dec-07 Mar-08 May-08 Aug-08 Index Fund -0.73% -2.33% % % Last 6 Last 1 Months year Index Fund S&P CNX Nifty 24.69% 27.72% 23.66% 22.30% 26.27% 22.09% Last 3 Last 5 years years S&P CNX Nifty Since Inception *Returns >= 1 Year are CAGR, < 1 Year are Absolute. Benchmark is S&P CNX Nifty. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) Long term investment of funds for capital appreciation by replicating S&P CNX Nifty index Company/Issuer Mkt Value (Rs. Lakh) % to NAV Nifty Futures % Reliance Industries Ltd % Oil & Natural Gas Company Ltd % Bharati Airtel Ltd % National Thermal Power Corporation Ltd % Infosys Technologies Ltd % State Bank of India Ltd % DLF Ltd % Bharat Heavy Electricals Ltd % Reliance Communication Ltd % Tata Consultancy Services Ltd % Larsen & Toubro Ltd % ICICI Bank Ltd % ITC Limited % Reliance Petroleum Ltd % HDFC Ltd % Steel Authority of India Ltd % Wipro Ltd % HDFC Bank Ltd % Hindustan Unilever Ltd % Cairn India Ltd % Sterlite Industries India Ltd % Tata Steel Ltd % Powergrid Corporation Ltd % Gas Authority of India Ltd % Suzlon Energy Ltd % Sun Pharmaceutical Industries Ltd % Satyam Computer Services Ltd % Unitech Ltd % National Aluminium Company Ltd % Tata Power Company Ltd % Reliance Energy Ltd % Idea Cellular Ltd % Ranbaxy Laboratories Ltd % Maruti Udyog Ltd % Cipla Ltd % ABB Ltd % Siemens India Ltd % Grasim Industries Ltd % Tata Motors Ltd % Hero Honda Ltd % Hindalco Industries Ltd % HCL Technologies Ltd % Punjab National Bank Ltd % Mahindra & Mahindra Ltd % Gujarat Ambuja Cement Ltd % Tata Communications Ltd % Bharat Petroleum Corporation Ltd % Associated Cement Companies Ltd % Dr. Reddy s Laboratories Ltd % Zee Entertainment Enterprises Ltd % Cash, CBLO & Reverse Repo % Other Current Assets (287.37) -7.66% Total Net Assets 3, Top Ten Holdings Sector Allocation* % 6.17% When the Benchmark is up Index Fund Since inception data. Benchmark is S&P CNX Nifty. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Quantitative Indicators: Average P/E : Average P/BV : 3.40 Average Dividend Yield : 1.44 Annual Turnover Ratio : 3.37 times Tracking Error : 0.86 # -5.68% -5.71% When the Benchmark is down S&P CNX Nifty Std Dev : 7.93% Sharpe Ratio^ : 0.18 Beta : 1.01 R squared : 0.99 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 3 month T-Bill cut-off of 9.16%. # Source:Bloomberg Errata:Please note that the tracking error for the July '08 was inadvertently printed as 5.28 while it is 0.88 *Pertains to the equity investments only. SIP Returns: 19 Media & Entertainment Gas Cement Auto Pharmaceuticals Non-Ferrous Metals Ferrous Metals Construction Finance Consumer Non- Banks Industrial Capital Power Oil Telecom Services Software Petroleum Products 0.32% 1.14% 1.39% 2.27% 2.67% 2.93% 3.70% 3.75% 4.12% 4.25% 6.11% 6.70% 8.95% 9.08% 9.34% 9.78% As on 31-Aug-08 Period SIP Start Date Total Amount Total No. Market Value SIP Invested of Units Returns 1 Year SIP 28-Sep-07 12, , % 3 Year SIP 30-Sep-05 36, , , % 5 Year SIP 30-Sep-03 60, , , % Since Inception 26-Feb-02 80, , , % Past performance may or may not be sustained in future. Assume Rs invested every month. The high level of returns come from the sharp appreciation in market, in the year 2002 & **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month % 1 1

20 SPIcE Fund Open Ended Exchange Listed Index Linked Growth Fund Fund Manager : Yogesh Bhatt (Managing this fund since Oct., 2005 & over 15 yrs of experience as equity dealer) Investment Horizon: 5 years & more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Rs **Expense Ratio : 0.80% (Please refer to page no. 58 for Additional Information) Rs invested at inception: SPICE Vs BSE Sensitive Index 708, , , , , , ,000 8,000 CAGR SPIcE Fund : 30.14%; Benchmark : 29.72% Past performance may or may not be sustained in future. Performance Record* - Growth Option Rs Rs Jan-03 Mar-03 May-03 Aug-03 Oct-03 Dec-03 Mar-04 May-04 Jul-04 Oct-04 Dec-04 Feb-05 Apr-05 Jul-05 Sep-05 Nov-05 Feb-06 Apr-06 Jun-06 Sep-06 Nov-06 Jan-07 Mar-07 Jun-07 Aug-07 Oct-07 Jan-08 Mar-08 May-08 Aug-08 SPIcE Fund BSE SENSEX % 30.14% % 27.93% 29.72% 23.09% % -4.92% % % Last 6 Months Last 1 year Last 3 years Last 5 years Since Inception SPIcE Fund BSE SENSEX *Returns < 1Year : Absolute, > = 1Year : CAGR. Benchmark is BSE SENSEX Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) Long term investment of funds for capital appreciation by replicating the BSE Sensitive Index Company/Issuer Mkt Value (Rs. Lakh) % to NAV Reliance Industries Ltd % Infosys Technologies Ltd % ICICI Bank Ltd % Larsen & Toubro Ltd % HDFC Ltd % Bharati Airtel Ltd % ITC Limited % HDFC Bank Ltd % Oil & Natural Gas Company Ltd % State Bank of India Ltd % Tata Steel Ltd % Bharat Heavy Electricals Ltd % Reliance Communication Ltd % Hindustan Unilever Ltd % Satyam Computer Services Ltd % National Thermal Power Corporation Ltd % Tata Consultancy Services Ltd % Sterlite Industries India Ltd % Tata Power Company Ltd % Reliance Energy Ltd % Ranbaxy Laboratories Ltd % Grasim Industries Ltd % DLF Ltd % Wipro Ltd % Jaiprakash Associates Ltd % Hindalco Industries Ltd % Mahindra & Mahindra Ltd % Tata Motors Ltd % Maruti Udyog Ltd % Associated Cement Companies Ltd % Cash, CBLO & Reverse Repo % Other Current Assets (5.67) -7.13% Total Net Assets Top Ten Holdings Sector Allocation* % 6.35% When the Benchmark is up SPIcE Fund -5.48% -5.60% When the Benchmark is down BSE SENSEX Since inception data. Benchmark is BSE SENSEX Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Pharmaceuticals Cement Construction Non-Ferrous Metals Ferrous Metals Auto Oil Power Consumer Non-Durable Telecom Services 1.27% 1.83% 2.26% 2.73% 2.86% 2.88% 4.08% 4.92% 7.14% 7.86% Quantitative Indicators: Average P/E : Average P/BV : 3.47 Average Dividend Yield : 1.48 Annual Turnover Ratio : 0.40 times Std Dev : 7.66% Sharpe Ratio^ : 0.17 Beta : 0.98 R squared : 1.00 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 3 month T-Bill cut-off of 9.16%. Industrial Capital Goods 9.05% Finance 9.58% Banks 10.71% Software 13.46% Petroleum Products 14.49% 1 1 *Pertains to the equity investments only. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. 20

21 ICICI Prudential Real Estate Securities Fund (A Close Ended debt Fund. The scheme will not be directly owning or holding real estate properties.) Fund Managers^: Equity : Munzal Shah (Managing this fund since inception & over 6 yrs of experience as equity research analyst in mid-cap space) Debt : Chaitanya Pande (Managing this fund since inception & over 12 yrs of fund management experience) Indicative Investment Horizon: 3 yr & above Inception date: Fund Size: Rs crores Weekly NAV (As on 27-Aug-08): Growth option : Rs Dividend option : Rs Institutional Growth Option : Rs **Expense Ratio : 1.41% Institutional Option : 0.89% (Please refer to page no. 58 for Additional Information) Style Box: Debt Equity Maturity Short Inter Long Volatility Low Medium High Performance Record* - Cumulative Option Last 6 Months Since Inception % -4.38% % % % % Real Estate Fund Crisil MIP Blended index Market (Internal) Index *Returns >= 1 Year are CAGR, < 1 Year are Absolute. Benchmark is Crisil MIP Blended Index & # Market (Internal) Index is 25% BSE Real Estate + 10% Nifty + 65% Crisil Bond Fund Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. Maturity Profile (as % of debt holding) 3-5 years 0.29% Style Value Blend Growth Size Large Mid Small Invest in companies which are engaged in industries that benefit directly or indirectly from the Real Estate Sector or have substantial investment in property Company/Issuer Sector/Rating Mkt Value (Rs. Lakh) % to NAV Equity Holdings 4, % Bombay Dyeing & Manufacturing Co. Ltd Textiles - Products % Nifty Futures Nifty Futures % Peninsula Land Ltd Construction % Patel Engineering Ltd Construction % Mahindra Gesco Developers Ltd Construction % Provogue (India) Ltd Textiles - Products % Pantaloon Retail (India) Ltd Retailing % BL Kashyap and Sons Ltd Construction % Orbit Corporation Ltd Construction % Century Textiles & Industries Ltd Cement % Union Bank of India Ltd Banks % ICICI Bank Ltd Banks % Bank of Baroda Ltd Banks % Country Club (India) Ltd Hotels % Indiabulls Real Estate Ltd Construction % Piramyd Retail Ltd Retailing % Brigade Enterprises Ltd Construction % Debt Holdings 29, % PSU/PFI Bonds % Nabard AAA % Infrastructure Development Finance Corp. AAA % Private Corporate Securities 7, % CitiFinancial Consumer Finance India Ltd AAA- 7, % Pass Through Certificates* 7, % PTC UBL Trust Series 55A AA(SO) 7, % CPs, CDs and Term Deposits 4, % Allahabad Bank Ltd P1+ 4, % Cash, CBLO & Reverse Repo 9, % Other Current Assets 3, % Total Net Assets 37, Top Five Holdings *Please refer to annexure on Pass Through Certificates Details for complete details. Other Current Assets 9.28% <182 days 44.55% 1-3 years 45.89% Quantitative Indicators Debt Component Average Maturity : 1.22 Years Yield To Maturity : 9.61% Modified Duration : 1.09 Years % Unlisted : Quantitative Indicators Equity Component Average P/E : Average P/BV : 2.23 Average Dividend Yield : 0.78 Sector Allocation* (as % of equity portfolio) Hotels 3.94% Cement 5.12% Retailing 7.60% Banks 13.41% Textiles - Products 18.82% Construction 40.92% *Pertains to the equity investments only. # The objective of including the 'market(internal) index' in the performance depicted is to enable a sharper comparison of actual performance of the scheme with an index bearing a closer correlation to the envisaged portfolio composition as defined in the offer document of the scheme. The benchmark index is also provided as regulatorily required. This is an initiative to enable the investor to arrive at a more informed judgement on scheme performance. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only. 21

22 ICICI Prudential Monthly Income Plan (An open ended fund. Monthly income is not assured and is subject to the availability of distributable surplus.) Fund Managers^: Equity : Prashant Kothari (Managing this fund since Sept., 2006 & over 3 yrs of experience as equity analyst & fund manager) Debt : Rahul Goswami (Managing this fund since April, 2008 & over 10 yrs of experience in debt fund management) Indicative Investment Horizon: 1 yr & above Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Cumulative option : Rs **Expense Ratio : 1.95% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Style Box: Debt Equity Rs invested at inception*: MIP Vs Crisil MIP Blended Index 209, , , , , ,000 89,000 69,000 49,000 29,000 9,000 Monthly Income Plan Crisil MIP Blended index *Benchmark start date : 30-Mar-02. CAGR MIP: 8.74%; Benchmark : 8.29%. Benchmark is Crisil MIP Blended Index. Past performance may or may not be sustained in future. Performance Record* - Cumulative Option Monthly Income Plan Crisil MIP Blended index *Returns >= 1 Year are CAGR, < 1 Year are Absolute. Benchmark is Crisil MIP Blended Index. Start date: 30-Mar-02. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) 1.50% 1.00% 0.50% -0.50% -1.00% -1.50% Monthly Income Plan Crisil MIP Blended index Since inception data. Benchmark is Crisil MIP Blended Index. Start date: 30-Mar-02. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Maturity Profile (as % of debt holding) Rs Rs Apr-02 Aug-02 Dec-02 Apr-03 Aug-03 Dec-03 Apr-04 Aug-04 Dec-04 Apr-05 Aug-05 Dec-05 Apr-06 Aug-06 Dec-06 Apr-07 Aug-07 Dec-07 Apr-08 Aug % 2.03% -2.84% -4.05% Last 6 Last 1 Months year 1.26% 1.34% When the Benchmark is up > 10 years 3-5 years Other Current Assets 182 days - 1 year <182 days 1-3 years 3.68% 5.24% 9.56% 7.16% 7.10% Last 3 years 9.40% 7.17% Last 5 years -0.65% Since Inception -0.96% When the Benchmark is down 24.48% 27.19% 29.84% Medium term investment in a portfolio of debt and equity (upto 15%) for capital appreciation. Company/Issuer Sector/Rating Mkt Value (Rs. Lakh) % to NAV Equity Holdings 6, % Spice Communications Ltd Telecom Services 1, % Reliance Industries Ltd Petroleum Products % Bharati Airtel Ltd Telecom Services % Larsen & Toubro Ltd Industrial Capital Goods % ICICI Bank Ltd Banks % Tata Power Company Ltd Power % Bharat Heavy Electricals Ltd Industrial Capital Goods % Dishman Pharmaceuticals & Chemicals Ltd Pharmaceuticals % Pantaloon Retail (India) Ltd Retailing % 3i Infotech Ltd Software % Nifty Futures Nifty Futures % Allied Digital Services Ltd Software % Infosys Technologies Ltd Software % Aditya Birla Nuvo Ltd Textiles - Products % Cadila Healthcare Ltd Pharmaceuticals % Federal Bank Ltd Banks % Tata Consultancy Services Ltd Software % Punjab National Bank Ltd Banks % Asian Paints Ltd Consumer Non-Durable % Oil & Natural Gas Company Ltd Oil % Gujarat Apollo Equipments Ltd Industrial Capital Goods % Tata Steel Ltd Ferrous Metals % ITC Limited Consumer Non-Durable % Kotak Mahindra Bank Ltd Banks % Mahindra & Mahindra Ltd Auto % IVRCL Infrastructure & Projects Ltd Construction % Hindalco Industries Ltd Non-Ferrous Metals % Sterlite Industries India Ltd Non-Ferrous Metals % Bombay Dyeing & Manufacturing Co. Ltd Textiles - Products % Industrial Development Finance Corp. Ltd Finance % ABG Heavy Industries Ltd Transportation % Solectron Centum Electronics Ltd Industrial Capital Goods % Piramyd Retail Ltd Retailing % Ahluwalia Contractors Ltd Construction % Debt Holdings 21, % PSU/PFI Bonds 6, % IDBI Bank Ltd AA+ 4, % Infrastructure Development Finance Corp. AAA 1, % Nabard AAA % Private Corporate Securities 6, % HDFC Ltd AAA 4, % Tata Sons Ltd AAA 1, % Kotak Mahindra Primus Ltd AA % Pass Through Certificates* % PTC Citi Fleet Trust Citibank AAA(SO) % Government Securities % 8.24% GOI 2027 Sovereign % Treasury Bills 1, % 364 Day T Bill (MD 27/03/2009) Sovereign % 364 Day T Bill (MD 13/03/2009) Sovereign % CPs, CDs and Term Deposits 2, % State Bank of Travancore Ltd P1+ 1, % ICICI Bank Ltd P % Cash, CBLO & Reverse Repo 3, % Other Current Assets 2, % Total Net Assets 30, Top Five Holdings *Please refer to annexure on Pass Through Certificates Details for complete details. Quantitative Indicators Debt Component Quantitative Indicators Equity Component Average Maturity : 1.87 Years Average P/E : Modified Duration : 1.27 Years Average P/BV : 3.69 Yield To Maturity : 9.03% Average Dividend Yield : 0.81 % Unlisted Bonds : 16.29% Std Dev : 1.52% SIP Returns: As on 31-Aug-08 Period SIP Start Date Total Amount Total No. Market Value SIP Invested of Units Returns 1 Year SIP 28-Sep-07 12, , % 3 Year SIP 29-Sep-05 36, , , % 5 Year SIP 30-Sep-03 60, , , % Since Inception 10-Nov-00 95, , , % Past performance may or may not be sustained in future. Assume Rs invested every month. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only. 22

23 ICICI Prudential Balanced Fund (An Open Ended Balanced Fund) Fund Managers^: Equity : Munzal Shah (Managing this fund since April, 2008 & over 6 yrs of experience as equity research analyst in mid-cap space) Debt : Rahul Goswami (Managing this fund since April, 2008 & over 10 yrs of experience in debt fund management) Indicative Investment Horizon: 3 yrs & more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs **Expense Ratio : 2.28% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Style Box: Debt Equity Rs invested at inception*: Balanced Fund Vs Crisil Balanced Fund Index 608, , , , , ,000 8,000 *Benchmark start date - 30-Mar-02. CAGR Balanced Fund : 22.33%; Benchmark : 16.75%. Past performance may or may not be sustained in future. Performance Record *- Growth Option 25.00% % % -5.00% % -2 Rs Rs Apr-02 Aug-02 Dec-02 Apr-03 Aug-03 Dec-03 Apr-04 Aug-04 Dec-04 Apr-05 Aug-05 Dec-05 Apr-06 Aug-06 Dec-06 Apr-07 Aug-07 Dec-07 Apr-08 Aug-08 Balanced Fund % Last 6 Months -7.55% % Crisil Balanced Fund Index 21.69% 15.71% 17.83% 14.89% 12.36% 1.20% Last 1 year Last 3 years Last 5 years Since Inception Balanced Fund Crisil Balanced Fund Index *Returns < 1 Year : Absolute, > = 1Year : CAGR. Benchmark - Crisil Balanced Fund Index and start date - 30-Mar-02. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) 5.00% 4.86% 4.09% 3.00% 1.00% -1.00% % % -3.41% -5.00% When the Benchmark is up When the Benchmark is down Balanced Fund Crisil Balanced Fund Index Since inception data. Benchmark is Crisil Balanced Fund Index. Start date: 30-Mar-02. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Maturity Profile (as % of debt holding) <182 days 69.03% 1-3 years 11.07% > 10 years 10.17% Other Current Assets 9.72% Sector Allocation* (as % of equity portfolio) 23 Medium term investment of funds in a portfolio of equity (minimum) 65% and debt for capital appreciation. Company/Issuer Sector/Rating Mkt Value (Rs. Lakh) % to NAV Equity Holdings 21, % Spice Communications Ltd Telecom Services 2, Reliance Industries Ltd Petroleum Products 2, % Nifty Futures Nifty Futures 1, % Larsen & Toubro Ltd Industrial Capital Goods 1, % ICICI Bank Ltd Banks % AIA Engineering Ltd Industrial Products % Bharati Airtel Ltd Telecom Services % Voltas Ltd Consumer Durables % Time Technoplast Ltd Chemicals % Bharat Heavy Electricals Ltd Industrial Capital Goods % Sterlite Industries India Ltd Non-Ferrous Metals % Jain Irrigation Systems Ltd Industrial Products % Sadbhav Engineering Ltd Construction % Dr. Reddy s Laboratories Ltd Pharmaceuticals % Punjab National Bank Ltd Banks % Sterlite Optical Technologies Ltd Industrial Products % Mahindra & Mahindra Ltd Auto % Aditya Birla Nuvo Ltd Textiles - Products % Reliance Communication Ltd Telecom Services % Steel Authority of India Ltd Ferrous Metals % Tata Consultancy Services Ltd Software % Mahindra Gesco Developers Ltd Construction % CESC Ltd Power % Infosys Technologies Ltd Software % Grasim Industries Ltd Cement % HOV Services Ltd Software % Tata Steel Ltd Ferrous Metals % Bharat Forge Ltd Industrial Products % Patel Engineering Ltd Construction % Hindustan Unilever Ltd Consumer Non-Durable % Cipla Ltd Pharmaceuticals % Debt Holdings 7, % Private Corporate Securities % HDFC Ltd AAA % Government Securities % 8.24% GOI 2027 Sovereign % Treasury Bills 4, % 91 Days T Bill (MD 12/09/2008) Sovereign 4, % CPs, CDs and Term Deposits 1, % ICICI Bank Ltd P1+ 1, % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 29, Top Five Holdings Consumer Non-Durable Cement Power Textiles - Products Auto Pharmaceuticals Non-Ferrous Metals Chemicals Consumer Durables Ferrous Metals Software Construction Banks Industrial Capital Goods Petroleum Products Industrial Products Telecom Services *Pertains to the equity investments only. Quantitative Indicators Debt Component Average Maturity : 2.37 Years Modified Duration : 1.22 Years Yield To Maturity : 9.10% % Unlisted Bonds : 3.20% 0.58% 1.82% 2.10% 2.45% 2.50% 3.00% 3.18% 3.28% 3.49% 3.78% 5.57% 6.10% 7.13% 7.97% 10.04% 11.26% Quantitative Indicators Equity Component Average P/E : Average P/BV : 3.30 Average Dividend Yield : 0.89 Std Dev : 5.83% SIP Return: As on 31-Aug-08 Period SIP Start Date Total Amount Total No. Market Value SIP Invested of Units Returns 1 Year SIP 28-Sep-07 12, , % 3 Year SIP 30-Sep-05 36, , , % 5 Year SIP 30-Sep-03 60, , , % Since Inception 3-Nov , , , % Past performance may or may not be sustained in future. Assume Rs invested every month. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only % 5.00% % 2

24 ICICI Prudential Income Multiplier Fund (An open ended debt fund which invest upto 30% in equity) Fund Managers^ : Equity : Prashant Kothari (Managing this fund since Oct., 2005 & over 3 yrs of experience as equity analyst & fund manager) Debt : Rahul Goswami (Managing this fund since April, 2008 & over 10 yrs of experience in debt fund management) Indicative Investment Horizon: 1 yr & above Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Cumulative option: Rs Dividend option: Rs **Expense Ratio : 2.09% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Style Box: Debt Equity Rs invested at inception: IMF Vs Crisil MIP Blended Index 209, , , , , ,444 89,444 69,444 49,444 29,444 9,444 Income Multiplier Crisil MIP Blended index Market (Internal) Index CAGR Income Multiplier Fund : 9.46%; Benchmark : 6.43% Benchmark is Crisil MIP Blended Index; # Market (Internal) Index: 8.18%. Past performance may or may not be sustained in future. Performance Record* - Cumulative option % 9.46% 8.18% % 8.63% 6.43% 3.75% 1.70% -2.84% % % % Last 6 Months Last 1 year Last 3 years Since Inception Income Multiplier Crisil MIP Blended index Market (Internal) Index *Returns >= 1 Year are CAGR, < 1 Year are Absolute. Benchmark is Crisil MIP Blended Index & # Market (Internal) Index is 25% Nifty + 75% Crisil Bond Fund Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) 3.00% 1.00% -1.00% % - Income Multiplier Fund Crisil MIP Blended index Market (Internal) Index Since inception data. Benchmark is Crisil MIP Blended Index & # Market (Internal) Index is 25% Nifty + 75% Crisil Bond Fund Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Maturity Profile (as % of debt holdings) Rs Rs Rs Apr-04 Jul-04 Oct-04 Jan-05 Apr-05 Jul-05 Oct-05 Jan-06 Apr-06 Jul-06 Oct-06 Jan-07 Apr-07 Jul-07 Oct-07 Jan-08 Apr-08 Jul-08 Aug % 1.89% 1.31% When the Benchmark is up -1.38% -1.03% -3.00% When the Benchmark is down Quantitative Indicators Debt Component Average Maturity : 1.55 Years Modified Duration : 1.26 Years Yield To Maturity : 9.31% % Unlisted Bonds : 3.32% Sector Allocation (as % of the equity portfolio)* 5.00% % % 3 Other Current Assets -0.26% *Pertains to the equity positions only years 0.73% <182 days 1.79% SIP Returns As on 31-Aug-08 Period SIP Start Date Total Amount Total No. Market Value SIP 3-5 years 11.61% Invested of Units Returns 1-3 years 36.06% 1 Year SIP 28-Sep-07 12, , % 182 days - 1 year 50.06% 3 Year SIP 29-Sep-05 36, , , % Since Inception 30-Mar-04 54, , , % Past performance may or may not be sustained in future. Assume Rs invested every month. # The objective of including the 'market(internal) index' in the performance depicted is to enable a sharper comparison of actual performance of the scheme with an index bearing a closer correlation to the envisaged portfolio composition as defined in the offer document of the scheme. The benchmark index is also provided as regulatorily required. This is an initiative to enable the investor to arrive at a more informed judgement on scheme performance. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only. 24 Medium term investment in a portfolio of debt and equity (upto 30%) for capital appreciation. Equity Holdings 8, % Spice Communications Ltd Telecom Services 1, % Nifty Futures Nifty Futures % Reliance Industries Ltd Petroleum Products % Bharati Airtel Ltd Telecom Services % Larsen & Toubro Ltd Industrial Capital Goods % ICICI Bank Ltd Banks % Tata Power Company Ltd Power % Bharat Heavy Electricals Ltd Industrial Capital Goods % Pantaloon Retail (India) Ltd Retailing % Infosys Technologies Ltd Software % Federal Bank Ltd Banks % Aditya Birla Nuvo Ltd Textiles - Products % Tata Consultancy Services Ltd Software % Punjab National Bank Ltd Banks % Cadila Healthcare Ltd Pharmaceuticals % Allied Digital Services Ltd Software % Tata Steel Ltd Ferrous Metals % Asian Paints Ltd Consumer Non-Durable % Phillips Carbon Black Ltd Auto Ancillaries % Pidilite Industries Ltd Consumer Non-Durable % Mahindra & Mahindra Ltd Auto % 3i Infotech Ltd Software % Marico Industries Ltd Consumer Non-Durable % Kotak Mahindra Bank Ltd Banks % Hindalco Industries Ltd Non-Ferrous Metals % IVRCL Infrastructure & Projects Ltd Construction % Sterlite Industries India Ltd Non-Ferrous Metals % Vimta Labs Ltd Healthcare Services % Bombay Dyeing & Manufacturing Co. Ltd Textiles - Products % ABG Heavy Industries Ltd Transportation % Ahluwalia Contractors Ltd Construction % Piramyd Retail Ltd Retailing % Debt Holdings 20, % PSU/PFI Bonds 8, % Infrastructure Development Finance Corp. AAA 5, % IDBI Bank Ltd AA+ 3, % Private Corporate Securities 3, % Tata Sons Ltd AAA 1, % Tata Steel Ltd AAA 1, % HDFC Ltd AAA % Government Securities % 8.69% GOI 2017 Sovereign % Treasury Bills 7, % 364 Day T Bill (MD 13/03/2009) Sovereign 6, % 364 Day T Bill (MD 27/03/2009) Sovereign % CPs, CDs and Term Deposits % ICICI Bank Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets (51.78) -0.20% Total Net Assets 28, Top Five Holdings Company/Issuer Sector/Rating Mkt Value (Rs. Lakh) % to NAV Transportation Healthcare Services Auto Auto Ancillaries Ferrous Metals Construction Pharmaceuticals Non-Ferrous Metals Power Retailing Textiles - Products Consumer Non-Durable Industrial Capital Goods Petroleum Products Software Banks Telecom Services 0.82% 1.35% 1.99% 2.25% 2.27% 2.40% 3.16% 3.17% 3.46% 3.63% 5.90% 6.93% 7.84% 9.49% 10.33% Quantitative Indicators Equity Component Average P/E : Average P/BV : 3.30 Average Dividend Yield : 0.86 Std Dev : 2.10% 23.95%

25 ICICI Prudential Child Care Plan (Study) (An Open Ended Fund) Fund Managers^: Equity : Munzal Shah (Managing this fund since June, 2007 & over 6 yrs of experience as equity research analyst in mid-cap space) Debt : Pankaj Kaji (Managing this fund since Oct., 2005 & over 35 yrs of experience in debt market) Indicative Investment Horizon: 3-5 yrs Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08) : Rs **Expense Ratio : 1.50% (Please refer to page no. 58 for Additional Information) Style Box: Debt Equity Rs invested at inception*: CCP - Study Vs Crisil MIP Blended I 259,721 n d e x Rs , , ,721 59,721 9,721 Rs Apr-02 Aug-02 Dec-02 Apr-03 Aug-03 Dec-03 Apr-04 Aug-04 Dec-04 Apr-05 Aug-05 Dec-05 Apr-06 Aug-06 Dec-06 Apr-07 Aug-07 Dec-07 Apr-08 Aug-08 Child Care Study Crisil MIP Blended index Market (Internal) Index *Benchmark start date- 30-Mar-02. CAGR CCP - Study : 11.14%; Benchmark: 8.24%; # Market (Internal) Index: 10.78%. Past performance may or may not be sustained in future. Performance Record *- Growth Option % 11.54% % % 8.05% 7.72% 7.17% 3.75% 2.68% 2.24% -2.84% % -5.22% - Last 6 Last 1 Last 3 Last 5 Since Months year years years Inception Child Care Study Crisil MIP Blended index Market (Internal) Index *Returns >= 1 Year are CAGR, < 1 Year are Absolute. Benchmark is Crisil MIP Blended Index and start date - 30-Mar-02 & # Market (Internal) Index is 20% Nifty + 80% Crisil Bond Fund Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) 2.50% 2.21% 1.67% 1.34% 1.50% 1.00% 0.50% -0.50% -1.00% -1.50% -0.97% -0.96% % -2.27% When the Benchmark is up When the Benchmark is down Child Care Plan - Study Crisil MIP Blended index Market (Internal) Index Since inception data. Benchmark is Crisil MIP Blended Index; Start date: 30-Mar-02 & # Market (Internal) Index is 20% Nifty + 80% Crisil Bond Fund Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Maturity Profile (as % of debt holding) Other Current Assets 1-3 years 2.10% 11.45% Rs SIP Returns For your child between years and on the threshold of higher studies Equity Holdings % Blue Star Ltd Consumer Durables % Voltas Ltd Consumer Durables % Exide Industries Ltd Auto Ancillaries % Federal Bank Ltd Banks % Trent Ltd Retailing % Provogue (India) Ltd Textiles - Products % Karur Vysya Bank Ltd Banks % Tanla Solutions Ltd Software % ING Vysya Bank Ltd Banks % BL Kashyap and Sons Ltd Construction % Debt Holdings 2, % PSU/PFI Bonds % Indian Oil Corporation Ltd A % Private Corporate Securities % Tata Sons Ltd AAA % CPs, CDs and Term Deposits 1, % AXIS Bank Ltd F % Reliance Capital Finance Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 2, Top Five Holdings Company/Issuer Sector/Rating Mkt Value (Rs. Lakh) % to NAV Quantitative Indicators Debt Component Average Maturity : 0.40 Year Modified Duration : 0.36 Year Yield To Maturity : 10.30% % Unlisted Bonds : Quantitative Indicators Equity Component Average P/E : Average P/BV : 2.52 Average Dividend Yield : 0.78 Std Dev : 2.03% As on 31-Aug-08 Period SIP Start Date Total Amount Total No. Market Value SIP Invested of Units Returns 1 Year SIP 28-Sep-07 12, , % 3 Year SIP 29-Sep-05 36, , , % 5 Year SIP 30-Sep-03 60, , , % Since Inception 31-Aug-01 85, , , % Past performance may or may not be sustained in future. Assume Rs invested every month. Rating Profile (as % of debt components) Call,Current Assets and Reverse Repos 4.84% AAA and Equivalent 95.16% <182 days 86.46% # The objective of including the 'market(internal) index' in the performance depicted is to enable a sharper comparison of actual performance of the scheme with an index bearing a closer correlation to the envisaged portfolio composition as defined in the offer document of the scheme. The benchmark index is also provided as regulatorily required. This is an initiative to enable the investor to arrive at a more informed judgement on scheme performance. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only. 25

26 ICICI Prudential Equity & Derivatives Fund Income Optimiser Plan (An Open Ended Equity Fund) Fund Managers^: Equity : Yogesh Bhatt (Managing this fund since June, 2007 & over 15 yrs of experience as equity dealer) Debt : Chaitanya Pande (Managing this fund since June, 2007 & over 12 yrs of fund management experience) Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Retail Growth option : Rs Inst. Growth option : Rs Retail Dividend option : Rs **Expense Ratio : Retail Option : 1.50% Inst. Option : 1.20% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Style Box Debt Equity Performance Record *- Retail Growth Option % 7.00% 5.00% 3.00% 1.00% *Returns >= 1 Year are CAGR, < 1 Year are Absolute. Benchmark is Crisil Liquid Fund Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) 0.80% 0.70% 0.60% 0.50% 0.40% 0.30% 0.20% 0.10% 2.56% 3.89% Equity and Derivative - Income Optimiser Plan Crisil Liquid Fund Index Since inception data. Benchmark is Crisil Liquid Fund Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Maturity Profile (as % of debt holding) 7.32% 7.11% 9.32% 7.55% Last 6 Months Last 1 year Since Inception Equity & Derivatives Fund Income Crisil Liquid Fund Index Other Current Assets 0.75% 0.58% When the Benchmark is up 1-3 years 182 days - 1 year <182 days -1.95% 5.87% When the Benchmark is down 39.17% 56.92% Quantitative Indicators Average Maturity : 0.32 Year Modified Duration : 0.29 Year Yield To Maturity : 7.39% % Unlisted Bonds : Std Dev : 0.48% 26 Generate low volatility returns by investing in mix of cash equities, equity derivatives and debt market instruments - relatively more conservative - 65% to 80% in Equity and Equity Derivatives (unhedged exposure limited to 5%) Company/Issuer Sector/Rating Mkt Value % to NAV Mkt Value (Rs. (Rs. Lakh) Lakh) - Futures Equity Holdings % Gas Authority of India Ltd Gas % Equity & Derivative Holdings 60, % (61,327.96) Reliance Industries Ltd Petroleum Products 7, % Reliance Industries Ltd- Futures -7, Larsen & Toubro Ltd Industrial Capital Goods 6, % Larsen & Toubro Ltd- Futures -6, Reliance Capital Finance Ltd Finance 5, % Reliance Capital Finance Ltd- Futures -5, Jaiprakash Associates Ltd Construction 4, % Jaiprakash Associates Ltd- Futures -4, Reliance Petroleum Ltd Petroleum Products 3, % Reliance Petroleum Ltd- Futures -3, Punjab National Bank Ltd Banks 2, % Punjab National Bank Ltd- Futures -2, State Bank of India Ltd Banks 2, % State Bank of India Ltd- Futures -2, Reliance Energy Ltd Power 2, % Reliance Energy Ltd- Futures -2, Punj Llyod Ltd Construction 2, % Punj Llyod Ltd- Futures -2, Oil & Natural Gas Company Ltd Oil 2, % Oil & Natural Gas Company Ltd- Futures -2, India Cements Ltd Cement 1, % India Cements Ltd- Futures -1, Century Textiles & Industries Ltd Cement 1, % Century Textiles & Industries Ltd- Futures -1, Housing Development and Infrastructure Ltd Construction 1, % Housing Development and Infrastructure Ltd- Futures -1, Suzlon Energy Ltd Power 1, % Suzlon Energy Ltd- Futures -1, Reliance Communication Ltd Telecom Services 1, % Reliance Communication Ltd- Futures -1, Mahanagar Telephone Nigam Ltd Telecom Services 1, % Mahanagar Telephone Nigam Ltd- Futures -1, Industrial Development Finance Corp. Ltd Finance % Industrial Development Finance Corp. Ltd- Futures Bharat Heavy Electricals Ltd Industrial Capital Goods % Bharat Heavy Electricals Ltd- Futures Divis Laboratories Ltd Pharmaceuticals % Divis Laboratories Ltd- Futures Reliance Natural Resources Ltd Gas % Reliance Natural Resources Ltd- Futures Bank of India Banks % Bank of India- Futures Bank of Baroda Ltd Banks % Bank of Baroda Ltd- Futures MphasiS Ltd Software % MphasiS Ltd- Futures Television Eighteen India Ltd. Media & Entertainment % Television Eighteen India Ltd.- Futures Hindustan Petroleum Corporation Ltd Petroleum Products % Hindustan Petroleum Corporation Ltd- Futures Bharati Airtel Ltd Telecom Services % Bharati Airtel Ltd- Futures New Delhi Television Ltd Media & Entertainment % New Delhi Television Ltd- Futures Parsvanath Developers Ltd Construction % Parsvanath Developers Ltd- Futures Reliance Power Ltd Power % Reliance Power Ltd-Futures IDBI Bank Ltd Banks % IDBI Bank Ltd- Futures Peninsula Land Ltd Construction % Peninsula Land Ltd- Futures NIIT Technologies Ltd Software % NIIT Technologies Ltd- Futures Maharashtra Seamless Ltd Ferrous Metals % Maharashtra Seamless Ltd- Futures Aptech Ltd Software % Aptech Ltd- Futures AXIS Bank Ltd - Futures Banks % HDFC Bank Ltd-Futures Tata Consultancy Services Ltd Software % Tata Consultancy Services Ltd- Futures I-Flex Solutions Ltd Software % I-Flex Solutions Ltd- Futures Indian Hotels Company Ltd Hotels % Indian Hotels Company Ltd- Futures Gateway Distriparks Ltd Transportation % Gateway Distriparks Ltd- Futures Aurobindo Pharma Ltd Pharmaceuticals % Aurobindo Pharma Ltd- Futures Hindustan Construction Co. Ltd Construction % Hindustan Construction Co. Ltd- Futures Deccan Aviation Ltd Transportation % Deccan Aviation Ltd- Futures Matrix Laboratories Ltd Pharmaceuticals % Matrix Laboratories Ltd- Futures Jindal Stainless Ltd Ferrous Metals % Jindal Stainless Ltd- Futures Tata Tea Ltd Consumer Non-Durable % Tata Tea Ltd- Futures Power Finance Corporation Ltd Finance % Power Finance Corporation Ltd- Futures ICICI Bank Limited - Futures Banks % Akruti Ltd- Futures ITC Limited - Futures Consumer Non-Durable % Hindustan Unilever Ltd-Futures Pantaloon Retail (India) Ltd Retailing % Pantaloon Retail (India) Ltd- Futures Patni Computer Systems Ltd Software % Patni Computer Systems Ltd- Futures Bata India Ltd Consumer Non-Durable % Bata India Ltd- Futures i Infotech Ltd Software % 3i Infotech Ltd- Futures Debt Holdings 32, % Private Corporate Securities 11, % ICICI Bank Ltd P1+ 8, % Kotak Mahindra Primus Ltd P1+ 2, % CPs, CDs and Term Deposits 21, % ICICI Bank Ltd P1+ 9, % Allahabad Bank Ltd P1+ 5, % Corporation Bank Ltd P1+ 3, % HDFC Bank Ltd P1+ 1, % HDFC Ltd A % Vijaya Bank P % State Bank of Patiala Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets (8,251.31) -9.70% Total Net Assets 85, Top Five Holdings **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only.

27 ICICI Prudential Equity & Derivatives Fund Wealth Optimiser Plan (An Open Ended Equity Fund) Fund Managers^: Equity : Nimesh Chandan (Managing this fund since June, 2007 & over 6 yrs of experience in Indian capital markets) Debt : Chaitanya Pande (Managing this fund since June, 2007 & over 12 yrs of fund management experience) Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs **Expense Ratio : 2.22% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Style Box: Debt Equity Performance Record *- Retail Growth Option 6.38% 1.20% 1.55% % % % Last 6 Months Last 1 year Since Inception Equity & Derivatives Fund Wealth Crisil Balanced Fund Index *Returns >= 1 Year are CAGR, < 1 Year are Absolute. Benchmark is Crisil Balanced Fund Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) 5.00% 3.00% 1.00% -1.00% % % - Equity and Derivative - Wealth Optimiser Plan Crisil Balanced Fund Index Since inception data. Benchmark is Crisil Balanced Fund Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Maturity Profile (as % of debt holding) Other Current Assets 3.54% 3.97% When the Benchmark is up 1-3 years <182 days 2.39% 6.40% Quantitative Indicators Debt Component Average Maturity : 0.12 Year Modified Duration : 0.11 Year Yield To Maturity : 7.52% % Unlisted Bonds : Std Dev : 4.89% -4.70% -4.62% When the Benchmark is down 91.20% Generate low volatility returns by investing in mix of cash equities, equity derivatives and debt market instruments - relatively less conservative - 65% to 100% in Equity and Equity Derivatives (unhedged exposure limited to 80%) Company/Issuer Sector/Rating Mkt Value % to NAV Mkt Value (Rs. (Rs. Lakh) Lakh) - Futures Equity Holdings 42, % (839.25) Spice Communications Ltd Telecom Services 4, % Reliance Industries Ltd Petroleum Products 4, % Oil & Natural Gas Company Ltd Oil 2, % Bharati Airtel Ltd Telecom Services 2, % Sterlite Industries India Ltd Non-Ferrous Metals 1, % ITC Limited Consumer Non-Durable 1, % Infosys Technologies Ltd Software 1, % Aditya Birla Nuvo Ltd Textiles - Products 1, % Reliance Capital Finance Ltd Finance 1, % Bharat Heavy Electricals Ltd Industrial Capital Goods 1, % Pantaloon Retail (India) Ltd Retailing 1, % HDFC Ltd Finance 1, % 3i Infotech Ltd Software 1, % UTI Bank Ltd Banks 1, % ICICI Bank Ltd Banks % Divis Laboratories Ltd Pharmaceuticals % Reliance Communication Ltd Telecom Services % I-Flex Solutions Ltd Software % Reliance Petroleum Ltd Petroleum Products % Tata Consultancy Services Ltd Software % Tata Steel Ltd Ferrous Metals % National Thermal Power Corporation Ltd Power % Max India Ltd Industrial Products % Bharat Electonics Ltd Industrial Capital Goods % HDFC Bank Ltd Finance % Jubilant Organosys Ltd Pharmaceuticals % Grasim Industries Ltd Cement % Crompton Greaves Ltd Industrial Capital Goods % Bank of Baroda Ltd Banks % Jaiprakash Associates Ltd Construction % Kotak Mahindra Bank Ltd Banks % Associated Cement Companies Ltd Cement % Deccan Chronicle Holdings Ltd Media & Entertainment % Reliance Energy Ltd Power % ABB Ltd Industrial Capital Goods % Punjab National Bank Ltd Banks % Bharat Forge Ltd Industrial Products % Nicholas Research & Development Ltd Pharmaceuticals % Equity & Derivative Holdings 2, % (839.25) Larsen & Toubro Ltd Industrial Capital Goods 1, % Larsen & Toubro Ltd- Futures Housing Development and Infrastructure Ltd Construction % Housing Development and Infrastructure Ltd- Futures National Thermal Power Corporation - Futures Power % Debt Holdings 15, % PSU/PFI Bonds 1, % LIC Housing Finance Ltd AAA 1, % Private Corporate Securities % ICICI Bank Ltd P % CPs, CDs and Term Deposits 9, % Power Finance Corporation Ltd A1+ 2, % Corporation Bank Ltd P1+ 2, % HDFC Bank Ltd P1+ 1, % State Bank of Mysore Ltd A1+ 1, % Punjab National Bank Ltd P % ICICI Bank Ltd P % Oriental Bank of Commerce P % Cash, CBLO & Reverse Repo 3, % Other Current Assets % Total Net Assets 57, Top Five Holdings **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. ^ In addition to the fund manager managing this fund, the ADR/GDR exposure is managed by Mr. Mrinal Singh to extent of ADR/GDR exposure only.

28 ICICI Prudential Blended Plan A (An Open Ended Fund) Fund Managers : Equity : Yogesh Bhatt (Managing this fund since Sept., 2006 & over 15 yrs of experience as equity dealer) Debt : Chaitanya Pande (Managing this fund since inception & over 12 yrs of fund management experience) Indicative Investment Horizon: 6 months-1 year Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs **Expense Ratio : 1.50% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Performance Record* - Growth Option 9.00% 7.00% 5.00% 3.00% 1.00% 2.64% 3.89% 2.60% * Returns >= 1 Year are CAGR, < 1 Year are Absolute. Benchmark is Crisil Short Term Bond Fund Index & # Market (Internal) Index is Crisil Liquid Fund Index. For Computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Avg. Monthly Returns in Various Market Conditions (Absolute) Blended Plan A Crisil Short Term Bond Fund Index Market (Internal) Index Since inception data. Benchmark is Crisil Short Term Bond Fund Index & # Market (Internal) Index is Crisil Liquid Fund Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Maturity Profile: (as % of total debt components) Asset Allocation: (as % of Net Assets) Quantitative Indicators: Average Maturity : 0.00 Year Modified Duration : 0.00 Year Yield To Maturity : 8.07% % Unlisted Bonds : Std Dev : 0.35% 7.51% 7.34% 8.12% 8.10% 6.70% 6.68% 6.51% 6.02% 5.98% Last 6 Months Last 1 year Last 3 years Since Inception Blended Plan A Crisil Short Term Bond Fund Index Market (internal) Index 0.80% 0.60% 0.40% 0.20% -0.20% -0.40% Other Current Assets 0.65% 0.55% 0.55% When the Benchmark is up <182 days -8.67% 0.69% -0.22% 0.35% When the Benchmark is down % Total UnHedged Equity 0.65% Total Hedged Equity 71.19% Total Debt 28.16% Opportunity to enhance returns from a blend of equity & equity arbitrage (atleast 51%) and low volatility returns from a minimum debt exposure of 25% for a short time horizon Company/Issuer Sector/Rating Mkt Value %NAV Mkt Value (Rs. Lakh) (Rs. Lakh)-Futures Equity Holdings 17, % Bank of Baroda Ltd Banks 2, % Bank of Baroda Ltd- Futures -2, Mahanagar Telephone Nigam Ltd Telecom Services 1, % Mahanagar Telephone Nigam Ltd- Futures -1, Reliance Communication Ltd Telecom Services 1, % Reliance Communication Ltd- Futures -1, Reliance Industries Ltd Petroleum Products 1, % Reliance Industries Ltd- Futures -1, Industrial Finance Corporation of India Ltd Finance 1, % Industrial Finance Corporation of India Ltd- Futures -1, Reliance Energy Ltd Power 1, % Reliance Energy Ltd- Futures -1, Industrial Development Finance Corporation Ltd Finance 1, % Industrial Development Finance Corp. Ltd- Futures -1, Jaiprakash Associates Ltd Construction % Jaiprakash Associates Ltd- Futures Union Bank of India Ltd Banks % Union Bank of India Ltd- Futures Bank of India Banks % Bank of India- Futures Sterlite Industries India Ltd Non-Ferrous Metals % Sterlite Industries India Ltd- Futures Cairn India Ltd Oil % Cairn India Ltd- Futures Balrampur Chini Mills Ltd Consumer Non-Durable % Balrampur Chini Mills Ltd- Futures Punj Llyod Ltd Construction % Punj Llyod Ltd- Futures Jindal Vijaynagar Steel Ltd Ferrous Metals % Jindal Vijaynagar Steel Ltd- Futures Punjab National Bank Ltd Banks % Punjab National Bank Ltd- Futures Shree Renuka Sugars Ltd Consumer Non-Durable % Shree Renuka Sugars Ltd- Futures Reliance Capital Finance Ltd Finance % Reliance Capital Finance Ltd- Futures Bharati Airtel Ltd Telecom Services % Bharati Airtel Ltd- Futures HDFC Ltd Finance % HDFC Ltd- Futures Mangalore Refineries & Petrochemicals Ltd Petroleum Products % Mangalore Refineries & Petrochemicals Ltd- Futures Reliance Petroleum Ltd Power % Reliance Petroleum Ltd - Futures Hindustan Petroleum Corporation Ltd Petroleum Products % Hindustan Petroleum Corporation Ltd- Futures Century Textiles & Industries Ltd Cement % Century Textiles & Industries Ltd- Futures NIIT Technologies Ltd Software % NIIT Technologies Ltd- Futures I-Flex Solutions Ltd Software % I-Flex Solutions Ltd- Futures Aban Lloyd Chiles Offshore Ltd Industrial Capital Goods % Aban Lloyd Chiles Offshore Ltd- Futures Central Bank of India Banks % Central Bank of India- Futures Patel Engineering Ltd Construction % Patel Engineering Ltd- Futures LIC Housing Finance Ltd Finance % LIC Housing Finance Ltd- Futures Parsvanath Developers Ltd Construction % Parsvanath Developers Ltd- Futures Ultratech Cement Company Ltd Cement % Ultratech Cement Company Ltd- Futures Development Credit Bank Banks % Development Credit Bank- Futures Neyveli Lignite Corporation Ltd Power % Neyveli Lignite Corporation Ltd- Futures Debt Holdings 7, % Private Corporate Securities % ICICI Bank Ltd P % CPs, CDs and Term Deposits 5, % ICICI Bank Ltd P1+ 5, % Cash, CBLO & Reverse Repo 1, % Other Current Assets (588.86) -2.43% Total Net Assets 24, Top Five Holdings # The objective of including the 'market(internal) index' in the performance depicted is to enable a sharper comparison of actual performance of the scheme with an index bearing a closer correlation to the envisaged portfolio composition as defined in the offer document of the scheme. The benchmark index is also provided as regulatorily required. This is an initiative to enable the investor to arrive at a more informed judgement on scheme performance. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. 28

29 ICICI Prudential Blended Plan B (An Open Ended Fund) Fund Managers: Debt : Chaitanya Pande (Managing this fund since inception & over 12 yrs of fund management experience) Equity : Yogesh Bhatt (Managing this fund since Sept., 2006 & over 15 yrs of experience as equity dealer) Indicative Investment Horizon: 6 months-1 year Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs **Expense Ratio : Blended Plan B : 1.48% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Performance Record* - Growth Option 9.00% 7.00% 5.00% 3.00% 1.00% 3.23% 3.89% 2.64% 8.26% 7.34% 7.70% 7.63% 6.70% 6.68% 6.51% 6.02% 5.98% Last 6 Months Last 1 year Last 3 years Since Inception Blended Plan B Crisil Short Term Bond Fund Index Market (internal) Index * Returns >= 1 Year are CAGR, < 1 Year are Absolute. Benchmark is Crisil Short Term Bond Fund Index & # Market (Internal) Index is Crisil Liquid Fund Index. For Computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Generate low volaility returns from debt (atleast 51%) along with an opportunity to enhance returns from equity arbitrage (maximum 49%) Company/Issuer Sector/Rating Mkt Value %NAV Mkt Value (Rs. Lakh) (Rs. Lakh)-Futures Debt Holdings 1, % 0.00 PSU/PFI Bonds % Indian Oil Corporation Ltd A % Pass Through Certificates* % PTC Hero Motors Ltd A1+(SO) % PTC IBL Trust IndusInd Bank AAA(SO) % CPs, CDs and Term Deposits % Reliance Capital Finance Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 1, *Please refer to annexure on Pass Through Certificates Details for complete details. Avg. Monthly Returns in Various Market Conditions (Absolute) 0.70% 0.60% 0.50% 0.40% 0.30% 0.20% 0.10% -0.10% -0.20% -0.30% 0.64% 0.55% 0.55% When the Benchmark is up 0.43% 0.35% -0.22% When the Benchmark is down Quantitative Indicators: Average Maturity : 0.60 Year Modified Duration : 0.43 Year Yield To Maturity : 10.52% % Unlisted Bonds : Std Dev : 0.33% Blended Plan B Crisil Short Term Bond Fund Index Market (Internal) Index Since inception data. Benchmark is Crisil Short Term Bond Fund Index & # Market (Internal) Index is Crisil Liquid Fund Index. For computation of returns the allotment NAV has been taken as Rs Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Rating Profile (as % of debt components) AAA and Equivalent 90.59% Call,Current Assets and Reverse Repos 9.41% Maturity Profile: (as % of total debt components) Other Current Assets 2.04% 1-3 years 24.84% <182 days 73.11% # The objective of including the 'market(internal) index' in the performance depicted is to enable a sharper comparison of actual performance of the scheme with an index bearing a closer correlation to the envisaged portfolio composition as defined in the offer document of the scheme. The benchmark index is also provided as regulatorily required. This is an initiative to enable the investor to arrive at a more informed judgement on scheme performance. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. 29

30 ICICI Prudential Fixed Maturity Plan (A Close Ended Debt Fund) Fund Manager : Chaitanya Pande (Managing these schemes since inception & over 12 yrs of fund management experience) (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Those who have a fixed investment horizon ranging from 1 month to 36 months INVESTMENT HORIZON 1 Month to 36 Months ICICI Prudential Series Months Plan B PORTFOLIO Company/Issuer Sector/ Mkt.Value % to Rating (Rs.Lacs) NAV ICICI Prudential Series Months Plan A Private Corporate Securities 6, % Cholamandalam DBS Finance Ltd AA 2, % Kotak Mahindra Primus Ltd AA 1, % L&T Finance Ltd A1+(SO) 1, % GE Money Financial Services Ltd AAA % Tata Sons Ltd AAA % Tata Motors Finance Ltd P % Pass Through Certificates* 5, % PTC ICL Trust TMFL Yes Bank A1+(SO) 1, % PTC Shriram Transport F1+ 1, % PTC DAS Trust Standard Chartered Bank A1+(SO) 1, % PTC ICL Trust YES Bank AAA(SO) % CPs, CDs and Term Deposits % GE Capital Transportation Financial Services Ltd P % Corporation Bank Ltd P % Kotak Mahindra Primus Ltd P % Reliance Capital Finance Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 13, ICICI Prudential Series Months Plan B Private Corporate Securities 24, % Kotak Mahindra Primus Ltd AA 9, % GE Money Financial Services Ltd AAA 7, % Shriram Transport Finance Company Ltd AA 3, % Cholamandalam DBS Finance Ltd AA 2, % L&T Finance Ltd AA+ 1, % DSP Merill Lynch Capital Ltd AAA(SO) % Tata Motors Finance Ltd P % Pass Through Certificates* 33, % PTC VEL Trust Series IX Note 1 A1+(SO) 7, % PTC ICL Trust YES Bank AAA 9, % PTC Shriram Transport AAA 4, % PTC DAS Trust Standard Chartered Bank A1+(SO) 3, % PTC VPT Trust SCB AAA 3, % PTC KPI Loan Trust GECSI AAA 2, % PTC KES Loan Trust GECSI A1+(SO) 2, % PTC KBA Loan Trust Series A1 AAA % CPs, CDs and Term Deposits 1, % Corporation Bank Ltd P % AXIS Bank Ltd F % GE Money Financial Services Ltd P % Kotak Mahindra Primus Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 60, ICICI Prudential FMP Series Months Plan A PSU/PFI Bonds 1, % NABARD AAA 1, % LIC Housing Finance Ltd P % Private Corporate Securities 5, % Tata Sons Ltd AAA 1, % Kotak Mahindra Primus Ltd LAA 1, % Shriram Transport Finance Company Ltd AA 1, % Citicorp Finance (India) Ltd AAA % CitiFinancial Consumer Finance India Ltd AAA % GE Money Financial Services Ltd AAA % Pass Through Certificates* % PTC Corporate Loan Trust Series 60 A2 AAA(SO) % CPs, CDs and Term Deposits % Reliance Capital Finance Ltd A % Corporation Bank Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 8, Private Corporate Securities 11, % Kotak Mahindra Primus Ltd AA 1, % Citicorp Finance (India) Ltd AAA 1, % HDFC Ltd AAA 1, % CitiFinancial Consumer Finance India Ltd AAA 1, % Mahindra & Mahindra Financial Services Ltd AA+ 1, % L&T Finance Ltd AA % Citicorp Maruti Finance Ltd AAA % Tata Sons Ltd AAA % DSP Merill Lynch Capital Ltd AAA(SO) % CPs, CDs and Term Deposits % Kotak Mahindra Primus Ltd P % Corporation Bank Ltd P % Reliance Capital Finance Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 12, ICICI Prudential FMP Series Months Plan B PSU/PFI Bonds % NABARD AAA % Private Corporate Securities 8, % Tata Motors Finance Ltd P1+ 1, % CitiFinancial Consumer Finance India Ltd AAA 1, % HDFC Ltd AAA 1, % Cholamandalam DBS Finance Ltd LAA 1, % Citicorp Maruti Finance Ltd AAA 1, % Kotak Mahindra Primus Ltd AA % Sundaram Finance Ltd AA % Citicorp Finance (India) Ltd AAA % CPs, CDs and Term Deposits % Corporation Bank Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 9, ICICI Prudential FMP Series Months Plan PSU/PFI Bonds 1, % Power Finance Corporation Ltd AAA 1, % Private Corporate Securities 6, % HDFC Ltd AAA 1, % Citicorp Maruti Finance Ltd AAA 1, % Tata Sons Ltd AAA 1, % Cholamandalam DBS Finance Ltd AA % Kotak Mahindra Primus Ltd AA % GE Money Financial Services Ltd AAA % Pass Through Certificates* 1, % PTC RPS Tata Teleservices AAA(SO) 1, % PTC Credit Asset Trust Series XXXV HSBC AAA(SO) % CPs, CDs and Term Deposits % Corporation Bank Ltd P % Kotak Mahindra Primus Ltd P % Other Current Assets % Total Net Assets 10, ICICI Prudential FMP Series Months Plan Private Corporate Securities 1, % Cholamandalam DBS Finance Ltd AA % HDFC Ltd AAA % GE Money Financial Services Ltd AAA % Pass Through Certificates* 1, % PTC ICL Series LXI AAA(SO) % PTC Bharat Securitisation Trust Series 2 AAA % PTC RB Trust Series XV AAA(SO) % PTC Credit Asset Trust Series XXXII AAA(SO) % CPs, CDs and Term Deposits % Kotak Mahindra Primus Ltd P % Corporation Bank Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 2,

31 ICICI Prudential Fixed Maturity Plan (A Close Ended Debt Fund) Those who have a fixed investment horizon ranging from 1 month to 36 months ICICI Prudential FMP Series Months Plan Private Corporate Securities 7, % Cholamandalam DBS Finance Ltd AA 1, % DSP Merill Lynch Capital Ltd AAA(SO) 1, % Kotak Mahindra Primus Ltd AA 1, % Tata Motors Finance Ltd P1+ 1, % Citicorp Maruti Finance Ltd AAA % Mahindra & Mahindra Financial Services Ltd AA % HDFC Ltd AAA % CitiFinancial Consumer Finance India Ltd AAA % Pass Through Certificates* 1, % PTC Bharat Securitisation Trust Series 2 AAA 1, % PTC Indian Corp Loan Securitisation Trust Series 14-A1 P1+SO % CPs, CDs and Term Deposits % Reliance Capital Finance Ltd A % Kotak Mahindra Primus Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 9, ICICI Prudential FMP Series Months Plan Private Corporate Securities 3, % Tata Sons Ltd AAA % Mahindra & Mahindra Financial Services Ltd AA % HDFC Ltd AAA % DSP Merill Lynch Capital Ltd AAA(SO) % Citicorp Maruti Finance Ltd AAA % Cholamandalam DBS Finance Ltd AA % GE Money Financial Services Ltd AAA % Pass Through Certificates* % PTC KBA LOan Trust Series A1 AAA % CPs, CDs and Term Deposits % Reliance Capital Finance Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 4, ICICI Prudential FMP Series Months Plan Private Corporate Securities 4, % Tata Sons Ltd AAA % Kotak Mahindra Primus Ltd AA % HDFC Ltd AAA % DSP Merill Lynch Capital Ltd AAA(SO) % CitiFinancial Consumer Finance India Ltd AAA % L&T Finance Ltd AA % Citicorp Maruti Finance Ltd AAA % Cholamandalam DBS Finance Ltd AA % Pass Through Certificates* % PTC KBA Loan Trust Series A1 AAA % CPs, CDs and Term Deposits % Corporation Bank Ltd P % Kotak Mahindra Primus Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 5, ICICI Prudential FMP Series Months Plan A Private Corporate Securities 4, % HDFC Ltd AAA 1, % GE Money Financial Services Ltd AAA 1, % DSP Merill Lynch Capital Ltd AAA(SO) % Kotak Mahindra Primus Ltd AA % Pass Through Certificates* 3, % PTC RB Loan Trust Series III 2007 P1+SO 1, % PTC RB Trust Series XV AAA(SO) 1, % PTC Credit Asset Trust Series XXIII HSBC AAA % CPs, CDs and Term Deposits 3, % Reliance Capital Finance Ltd A1+ 2, % Federal Bank Ltd F % AXIS Bank Ltd F % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 10, ICICI Prudential FMP Series Months Plan B Private Corporate Securities 4, % HDFC Ltd AAA % Kotak Mahindra Primus Ltd AA % DSP Merill Lynch Capital Ltd AAA(SO) % CitiFinancial Consumer Finance India Ltd AAA % Citicorp Maruti Finance Ltd AAA % Cholamandalam DBS Finance Ltd AA % Pass Through Certificates* 1, % PTC Credit Asset Trust Series XXIII HSBC AAA % PTC KCS Loan Trust Series A1 GECSI A1+(SO) % CPs, CDs and Term Deposits % Kotak Mahindra Primus Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 6, ICICI Prudential FMP Series Months Plan C Private Corporate Securities % HDFC Ltd AAA % Kotak Mahindra Primus Ltd AA % CitiFinancial Consumer Finance India Ltd AAA % Pass Through Certificates* % PTC RB Trust Series XV AAA(SO) % PTC KCS Loan Trust Series A1 GECSI A1+(SO) % CPs, CDs and Term Deposits % AXIS Bank Ltd F % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 2, ICICI Prudential FMP Series Months Plan Private Corporate Securities 28, % HDFC Ltd AAA 4, % Shriram Transport Finance Company Ltd AA 4, % Kotak Mahindra Primus Ltd LAA 4, % Mahindra & Mahindra Financial Services Ltd AA+ 3, % Cholamandalam DBS Finance Ltd LAA 3, % L&T Finance Ltd AA+ 2, % Citicorp Finance (India) Ltd AAA 1, % Cholamandalam DBS Finance Ltd A % CitiFinancial Consumer Finance India Ltd AAA % Tata Sons Ltd AAA % GE Money Financial Services Ltd AAA % GE Capital Services India Ltd AAA % Pass Through Certificates* 3, % PTC Corporate Loan Trust Series 60 A2 AAA(SO) 3, % PTC Indian Corp Loan Securitisation Trust Series 14-A1 P1+SO % CPs, CDs and Term Deposits % Reliance Capital Finance Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets 2, % Total Net Assets 34, ICICI Prudential FMP Series Months Plan D Private Corporate Securities 5, % Cholamandalam DBS Finance Ltd AA 1, % CitiFinancial Consumer Finance India Ltd AAA 1, % GE Capital Services India Ltd AAA 1, % Kotak Mahindra Primus Ltd AA % Citicorp Finance (India) Ltd AAA % Pass Through Certificates* 6, % PTC Credit Asset Trust Series XXXII AAA(SO) 1, % PTC Credit Asset Trust Series XXXIV P1+SO 1, % PTC ICL Series LXI AAA(SO) 1, % PTC Indian Corp Loan Securitisation Trust Series 14-A1 P1+SO % PTC Corporate Loan Trust Series 60 A1 AAA(SO) % CPs, CDs and Term Deposits % Corporation Bank Ltd P % Reliance Capital Finance Ltd A % Kotak Mahindra Primus Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 13,

32 ICICI Prudential Fixed Maturity Plan (A Close Ended Debt Fund) Those who have a fixed investment horizon ranging from 1 month to 36 months ICICI Prudential FMP Series Months Plan Private Corporate Securities 5, % Citicorp Finance (India) Ltd AAA 1, % Cholamandalam DBS Finance Ltd AA 1, % CitiFinancial Consumer Finance India Ltd AAA % Kotak Mahindra Primus Ltd AA % Pass Through Certificates* 7, % PTC RPS Tata Teleservices AAA(SO) 1, % PTC Credit Asset Trust Series XXXII AAA(SO) 1, % PTC Credit Asset Trust Series XXXIV P1+SO 1, % PTC ICL Series LXI AAA(SO) 1, % CPs, CDs and Term Deposits % Kotak Mahindra Primus Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 12, ICICI Prudential FMP Series Months Plan PSU/PFI Bonds % Power Finance Corporation Ltd AAA % Private Corporate Securities 5, % Citicorp Finance (India) Ltd AAA % Tata Sons Ltd AAA % CitiFinancial Consumer Finance India Ltd AAA % GE Money Financial Services Ltd AAA % Cholamandalam DBS Finance Ltd A % GE Capital Services India Ltd AAA % Citicorp Maruti Finance Ltd AAA % CPs, CDs and Term Deposits % Corporation Bank Ltd P % Kotak Mahindra Primus Ltd P % Reliance Capital Finance Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 6, ICICI Prudential FMP Series 42-6 Months Plan C CPs, CDs and Term Deposits % Allahabad Bank Ltd P % Kotak Mahindra Primus Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets ICICI Prudential FMP Series Months Plan A PSU/PFI Bonds 2, % IDBI Bank Ltd AA+ 1, % NABARD AAA % Private Corporate Securities 5, % Cholamandalam DBS Finance Ltd A1+ 1, % CitiFinancial Consumer Finance India Ltd AAA 1, % Sundaram Finance Ltd AA+ 1, % HDFC Ltd AAA 1, % Pass Through Certificates* 2, % PTC RB Trust Series XV AAA(SO) 1, % PTC Credit Asset Trust Series XXXV HSBC AAA(SO) % PTC PES Loan Trust Series A1 A1+(SO) % CPs, CDs and Term Deposits % Corporation Bank Ltd P % Kotak Mahindra Primus Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 11, ICICI Prudential FMP Series Months Plan B PSU/PFI Bonds 2, % IDBI Bank Ltd AA+ 1, % NABARD AAA % Private Corporate Securities 3, % Cholamandalam DBS Finance Ltd A1+ 1, % HDFC Ltd AAA % CitiFinancial Consumer Finance India Ltd AAA % Kotak Mahindra Primus Ltd AA % Pass Through Certificates* 1, % PTC RB Trust Series XV AAA(SO) % PTC Credit Asset Trust Series XXXV HSBC AAA(SO) % PTC Collateral Debt Trust Series V-A1 P1+SO % CPs, CDs and Term Deposits % Corporation Bank Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 7, ICICI Prudential FMP Series Months Plan C PSU/PFI Bonds 2, % IDBI Bank Ltd AA+ 2, % Private Corporate Securities 8, % CitiFinancial Consumer Finance India Ltd AAA % Shriram Transport Finance Company Ltd AA % Gruh Finance Ltd AA+ 2, % Cholamandalam DBS Finance Ltd A1+ 2, % Kotak Mahindra Primus Ltd AA 2, % Pass Through Certificates* 3, % PTC RB Trust Series XIV P1+SO % PTC Collateral Debt Trust Series V-A1 P1+SO % PTC Credit Asset Trust Series XXXIV P1+SO 2, % CPs, CDs and Term Deposits 3, % Kotak Mahindra Primus Ltd P % GE Capital Transportation Financial Services Ltd P1+ 3, % Other Current Assets % Total Net Assets 17, ICICI Prudential FMP Series Months Plan D Private Corporate Securities 2, % HDFC Ltd AAA 2, % CitiFinancial Consumer Finance India Ltd AAA % CPs, CDs and Term Deposits 14, % IDBI Bank Ltd P1+ 5, % Indian Bank Ltd F1+ 4, % Canara Bank Ltd P1+ 4, % Kotak Mahindra Primus Ltd P % Other Current Assets % Total Net Assets 17, ICICI Prudential FMP Series Months Plan A Private Corporate Securities % Cholamandalam DBS Finance Ltd AA % CitiFinancial Consumer Finance India Ltd AAA % Kotak Mahindra Primus Ltd AA % Pass Through Certificates* 1, % PTC Credit Asset Trust Series XXXV HSBC AAA(SO) % PTC Credit Asset Trust Series XXXII AAA(SO) % PTC Credit Asset Trust Series XXXIV P1+SO % PTC ICL Series LXI AAA(SO) % PTC Collateral Debt Trust Series V-A1 P1+SO % CPs, CDs and Term Deposits % Reliance Capital Finance Ltd A % Kotak Mahindra Primus Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 2, ICICI Prudential FMP Series Months Plan B Private Corporate Securities 1, % Kotak Mahindra Primus Ltd AA % Cholamandalam DBS Finance Ltd AA % GE Money Financial Services Ltd AAA % CitiFinancial Consumer Finance India Ltd AAA % Pass Through Certificates* 1, % PTC Credit Asset Trust Series XXXII AAA(SO) % PTC ICL Series LXI AAA(SO) % PTC Credit Asset Trust Series XXXV HSBC AAA(SO) % CPs, CDs and Term Deposits 1, % Reliance Capital Finance Ltd A1+ 1, % Kotak Mahindra Primus Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 3, ICICI Prudential FMP Series Months Plan Private Corporate Securities % HDFC Ltd AAA % Cholamandalam DBS Finance Ltd AA % Citicorp Finance (India) Ltd AAA % Tata Sons Ltd AAA % CitiFinancial Consumer Finance India Ltd AAA % Mahindra & Mahindra Financial Services Ltd AA % Pass Through Certificates* % PTC PES Loan Trust Series A1 A1+(SO) % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 1,

33 ICICI Prudential Fixed Maturity Plan (A Close Ended Debt Fund) Those who have a fixed investment horizon ranging from 1 month to 36 months ICICI Prudential FMP Series 44-1 Year Plan A Private Corporate Securities 7, % Sundaram Finance Ltd A1+ 3, % Cholamandalam DBS Finance Ltd AA 3, % Shriram Transport Finance Company Ltd AA 1, % Kotak Mahindra Primus Ltd AA % Pass Through Certificates* 6, % PTC Collateral Debt Trust Series II-A1 P1+SO 3, % PTC Credit Asset Trust Series XXXV HSBC AAA(SO) 2, % CPs, CDs and Term Deposits 9, % Reliance Capital Finance Ltd A1+ 5, % Bajaj Auto Finance Ltd P1+ 2, % GE Capital Transportation Financial Services Ltd A1+ 1, % Corporation Bank Ltd P % Kotak Mahindra Primus Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 23, ICICI Prudential FMP Series 44-1 Year Plan B PSU/PFI Bonds % Power Finance Corporation Ltd AAA % Private Corporate Securities 1, % Citicorp Maruti Finance Ltd AAA % Citicorp Finance (India) Ltd AAA % Cholamandalam DBS Finance Ltd AA 1, % Shriram Transport Finance Company Ltd AA % Pass Through Certificates* 2, % PTC ICL Series LXI AAA(SO) % PTC Credit Asset Trust Series XXXV HSBC AAA(SO) 1, % PTC Collateral Debt Trust Series II-A1 P1+SO 1, % CPs, CDs and Term Deposits 3, % Kotak Mahindra Primus Ltd P % Reliance Capital Finance Ltd A1+ 2, % GE Capital Transportation Financial Services Ltd A1+ 1, % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 8, ICICI Prudential FMP Series 44-1 Year Plan C Private Corporate Securities % CitiFinancial Consumer Finance India Ltd AAA % Citicorp Finance (India) Ltd AAA % Pass Through Certificates* % PTC Indian Corp Loan Securitisation Trust Series 14-A1 P1+SO % PTC Collateral Debt Trust Series V-A1 P1+SO % CPs, CDs and Term Deposits % Reliance Capital Finance Ltd A % Kotak Mahindra Primus Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 1, ICICI Prudential FMP Series 44-1 Year Plan D Private Corporate Securities 5, % CitiFinancial Consumer Finance India Ltd AAA 1, % PTC RB Loan Trust Series 22 A3 P1+SO 1, % Citicorp Finance (India) Ltd AAA 1, % Shriram Transport Finance Company Ltd AA % Cholamandalam DBS Finance Ltd AA % Mahindra & Mahindra Financial Services Ltd AA % Pass Through Certificates* 1, % PTC Credit Asset Trust Series XXXV HSBC AAA(SO) 1, % PTC KBA LOan Trust Series A1 AAA % CPs, CDs and Term Deposits 2, % Kotak Mahindra Primus Ltd P1+ 2, % Reliance Capital Finance Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 9, ICICI Prudential FMP Series 44-3 Months Plan B CPs, CDs and Term Deposits 23, % Reliance Capital Finance Ltd A1+ 6, % Standard Chartered Bank Ltd P1+ 5, % IL&FS Financial Services Ltd P1+ 4, % Jammu & Kashmir Bank Ltd P1+ 2, % AXIS Bank Ltd AAA 2, % State Bank of Mysore Ltd A % State Bank of Patiala Ltd P % Corporation Bank Ltd P % Vijaya Bank P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 24, ICICI Prudential FMP Series 44-3 Months Plan C Private Corporate Securities 2, % Ranbaxy Laboratories Ltd A1+ 2, % CPs, CDs and Term Deposits 16, % IL&FS Financial Services Ltd P1+ 4, % Citicorp Finance (India) Ltd P1+ 4, % State Bank of India Ltd P1+ 2, % State Bank of Bikaner & Jaipur Ltd A1+ 2, % State Bank of Patiala Ltd A1+ 1, % State Bank of Mysore Ltd A % Other Current Assets % Total Net Assets 19, ICICI Prudential FMP Series 44-3 Months Plan D CPs, CDs and Term Deposits 44, % State Bank of Indore Ltd P1+ 9, % Jammu & Kashmir Bank Ltd P1+ 9, % HDFC Bank Ltd P1+ 9, % State Bank of Bikaner & Jaipur Ltd P1+ 4, % Standard Chartered Bank Ltd P1+ 4, % IDBI Bank Ltd A1+ 3, % State Bank of Hyderabad Ltd P % State Bank of Mysore Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets (3.88) -0.02% Total Net Assets 44, ICICI Prudential FMP Series 44-3 Months Plan E Private Corporate Securities 2, % Ranbaxy Laboratories Ltd P1+ 2, % CPs, CDs and Term Deposits 20, % State Bank of Hyderabad Ltd P1+ 5, % Oriental Bank of Commerce P1+ 4, % Citibank P1+ 4, % State Bank of Patiala Ltd P1+ 2, % AXIS Bank Ltd P1+ 2, % State Bank of Saurashtra Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 23, ICICI Prudential FMP Series 46-1 Year Plan A Private Corporate Securities 6, % Shriram Transport Finance Company Ltd AA 1, % CitiFinancial Consumer Finance India Ltd AAA 1, % Citicorp Finance (India) Ltd AAA 1, % Sundaram Finance Ltd P % Cholamandalam DBS Finance Ltd A % Cholamandalam DBS Finance Ltd AA % Pass Through Certificates* 3, % PTC Corp Debt Trust 8-9 Series 10 A1 P1+SO 1, % PTC PES Loan Trust Series A1 A1+(SO) % PTC Corp Debt Trust 8-9 Series 10 A2 P1+SO % PTC ICLST Series 33 A8 PR1+(SO) % PTC ICLST Series 33 A9 PR1+(SO) % CPs, CDs and Term Deposits 2, % GE Capital Services India Ltd P1+ 2, % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 12, ICICI Prudential FMP Series 46-1 Year Plan B Private Corporate Securities 5, % Citicorp Finance (India) Ltd AAA 1, % PTC Corporate Debt A08 Series A2 A1+(SO) 1, % CitiFinancial Consumer Finance India Ltd AAA 1, % Sundaram Finance Ltd P % Cholamandalam DBS Finance Ltd LAA % Pass Through Certificates* 2, % PTC PES Loan Trust Series A1 A1+(SO) 1, % PTC ICLST Series 33 A8 PR1+(SO) % PTC ICLST Series 33 A9 PR1+(SO) % CPs, CDs and Term Deposits 2, % Reliance Capital Finance Ltd A1+ 2, % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 11, ICICI Prudential FMP Series 46-1 Year Plan C Private Corporate Securities 2, % Shriram Transport Finance Company Ltd AA 1, % PTC Corporate Debt A08 Series A2 A1+(SO) % CitiFinancial Consumer Finance India Ltd AAA % Pass Through Certificates* 2, % PTC ICLST Series 33 A8 PR1+(SO) 1, % PTC Corp Debt Trust 8-9 Series 10 A1 P1+SO % PTC PES Loan Trust Series A1 A1+(SO) % PTC Corp Debt Trust 8-9 Series 10 A2 P1+SO % CPs, CDs and Term Deposits 2, % Reliance Capital Finance Ltd A1+ 2, % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 7,

34 ICICI Prudential Fixed Maturity Plan (A Close Ended Debt Fund) Those who have a fixed investment horizon ranging from 1 month to 36 months ICICI Prudential FMP Series 33 Plan A PSU/PFI Bonds 4, % Infrastructure Development Finance Corp. AAA 2, % Power Finance Corporation Ltd AAA 1, % Export Import Bank of India Ltd AAA 1, % Private Corporate Securities 10, % Citicorp Finance (India) Ltd AAA % CitiFinancial Consumer Finance India Ltd AAA 3, % Deutsche Investments India Pvt Ltd AAA 3, % DSP Merill Lynch Capital Ltd AAA(SO) 3, % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 15, ICICI Prudential Series 38-1 Year Plan C CPs, CDs and Term Deposits 1, % Citibank P1+ 1, % Reliance Capital Finance Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets (2.19) -0.13% Total Net Assets 1, ICICI Prudential Series 38-1 Year Plan D Private Corporate Securities % GE Money Financial Services Ltd AAA % Pass Through Certificates* % PTC Indiabulls Collateralised Debt Series 22 P1+SO % CPs, CDs and Term Deposits 4, % Reliance Capital Finance Ltd A1+ 3, % AXIS Bank Ltd F1+ 1, % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 5, ICICI Prudential FMP Series 38-2 Years Plan Private Corporate Securities 9, % Shriram Transport Finance Company Ltd AA 1, % Sundaram Finance Ltd AA+ 1, % HDFC Ltd AAA 1, % Cholamandalam DBS Finance Ltd AA 1, % Citicorp Maruti Finance Ltd AAA 1, % Kotak Mahindra Primus Ltd AA 1, % CitiFinancial Consumer Finance India Ltd AAA 1, % Tata Motors Finance Ltd P % CPs, CDs and Term Deposits % Corporation Bank Ltd P % Kotak Mahindra Primus Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 10, ICICI Prudential FMP Series months plan PSU/PFI Bonds % NABARD AAA % Private Corporate Securities 10, % Citicorp Maruti Finance Ltd AAA 2, % HDFC Ltd AAA 2, % DSP Merill Lynch Capital Ltd AAA(SO) 2, % Cholamandalam DBS Finance Ltd AA 1, % CitiFinancial Consumer Finance India Ltd AAA % Tata Sons Ltd AAA % GE Money Financial Services Ltd AAA % GE Capital Services India Ltd AAA % Pass Through Certificates* 4, % PTC Bharat Securitisation Trust Series 2 AAA 2, % PTC KBA LOan Trust Series A1 AAA 2, % CPs, CDs and Term Deposits % Kotak Mahindra Primus Ltd P % Reliance Capital Finance Ltd A % Corporation Bank Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 16, *Please refer to annexure on Pass Through Certificates Details for complete details. PERFORMANCE Performance Records for FMP- Retail Growth Plan Scheme Name Date Period NAV Weekly NAV as Returns on 27-Aug-08 ICICI Prudential FMP Series Months Plan A* 31-May-07 Since inception % ICICI Prudential FMP Series Months Plan B* 13-Jul-07 Since inception % ICICI Prudential FMP Series 38-2 Years Plan* 3-Aug-07 Since inception % ICICI Prudential FMP Series Months Plan B* 13-Aug-07 Since inception % ICICI Prudential FMP Series Months Plan 19-Oct-07 Since inception % PERFORMANCE Performance Records for FMP- Retail Growth Plan Scheme Name Date Period NAV Weekly NAV as Returns on 27-Aug-08 ICICI Prudential FMP Series Months Plan A 26-Oct-07 Since inception % ICICI Prudential FMP Series Months Plan B 10-Nov-07 Since inception % ICICI Prudential FMP Series 38-1 Year Plan C 19-Nov-07 Since inception % ICICI Prudential FMP Series Months Plan 20-Nov-07 Since inception % ICICI Prudential FMP Series 38-1 Year Plan D 23-Nov-07 Since inception % ICICI Prudential FMP Series Months Plan 4-Dec-07 Since inception % ICICI Prudential FMP Series Months Plan 12-Dec-07 Since inception % ICICI Prudential FMP Series Months Plan A 19-Dec-07 Since inception % ICICI Prudential FMP Series Months Plan 28-Dec-07 Since inception % ICICI Prudential FMP Series Months Plan B 31-Dec-07 Since inception % ICICI Prudential FMP Series Months Plan C 9-Jan-08 Since inception % ICICI Prudential FMP series Mths Plan 18-Jan-08 Since inception % ICICI Prudential FMP Series Months Plan 18-Feb-08 Since inception % ICICI Prudential FMP Series 33 Plan A 22-Feb-08 Since inception % ICICI Prudential FMP Series Months Plan 28-Feb-08 Since inception ICICI Prudential FMP Series Months Plan A 18-Mar-08 Since inception % ICICI Prudential FMP Series Months Plan B 25-Mar-08 Since inception % ICICI Prudential FMP Series Months Plan D 27-Mar-08 Since inception % ICICI Prudential FMP Series Months Plan C 28-Mar-08 Since inception % ICICI Prudential FMP Series Months Plan A 31-Mar-08 Since inception % ICICI Prudential FMP Series 42-6 Months Plan C 17-Apr-08 Since inception % ICICI Prudential FMP Series Months Plan 17-Apr-08 Since inception % ICICI Prudential FMP Series Months Plan D 24-Apr-08 Since inception % ICICI Prudential FMP Series Months Plan B 29-Apr-08 Since inception % ICICI Prudential FMP Series 44-1 Year Plan B 23-May-08 Since inception % ICICI Prudential FMP Series 44-1 Year Plan A 29-May-08 Since inception % ICICI Prudential FMP Series 44-3 Months Plan B 3-Jun-08 Since inception % ICICI Prudential FMP Series 44-1 Year Plan C 3-Jun-08 Since inception % ICICI Prudential FMP Series 44-3 Months Plan C 10-Jun-08 Since inception % ICICI Prudential FMP Series Months Plan 13-Jun-08 Since inception % ICICI Prudential FMP Serieis 44-1 Year Plan D 24-Jun-08 Since inception % ICICI Prudential FMP Series 44-3 Months Plan D 25-Jun-08 Since inception % ICICI Prudential FMP Series 46-1 Year Plan A 22-Jul-08 Since inception % ICICI Prudential FMP Series 44-3 Months Plan E 27-Jul-08 Since inception % ICICI Prudential FMP Series 46-1 Year Plan C 5-Aug-08 Since inception % ICICI Prudential FMP Series 46-1 Year Plan B 14-Aug-08 Since inception % Returns >= 1 Year are CAGR, < 1 Year are Absolute. Note: For computation of returns the allotment NAV has been taken as Rs Performance of Dividend Plan is subject to applicability of Dividend Distribution Tax. Past performance may or may not be sustained in the future. 30-Aug-08 & 31-Aug-08 were non business days. *Since dividend is declared on a monthly basis, NAV declared is as of 29-Aug Fund Size Rs Crores 34

35 ICICI Prudential Interval Fund Risk averse investors seeking returns on a held (A Debt Oriented Interval Fund) to maturity basis. Fund Manager : Chaitanya Pande (Managing these schemes since inception & over 12 yrs of fund management experience) (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) INVESTMENT HORIZON PORTFOLIO 1 Month to 15 Months Company/Issuer Sector/ Mkt.Value % to Rating (Rs.Lacs) NAV ICICI Prudential Interval Fund-Annual Plan I Private Corporate Securities 1, % Citicorp Finance (India) Ltd AAA % PTC Corporate Debt A08 Series A2 A1+(SO) % Kotak Mahindra Primus Ltd LAA % Cholamandalam DBS Finance Ltd LAA % Pass Through Certificates* % PTC PES Loan Trust Series A1 A1+(SO) % CPs, CDs and Term Deposits 1, % State Bank of Patiala Ltd A1+ 1, % Kotak Mahindra Primus Ltd P % First India Credit Corporation Ltd A % Cash, CBLO & Reverse Repo 1, % Other Current Assets % Total Net Assets 5, ICICI Prudential Interval Fund-Annual Plan II Private Corporate Securities 3, % Sundaram Finance Ltd P1+ 1, % CitiFinancial Consumer Finance India Ltd AAA 1, % Pass Through Certificates* 16, % PTC Bharat Securitisation Trust Series A-PO A1+ 4, % PTC Corporate Loan Trust Series 18 A1 P1+(SO) 4, % PTC Credit Asset Trust Series 19 A3 F1+ 4, % PTC BRPL Trust Series 13 A1+(SO) 3, % CPs, CDs and Term Deposits 10, % Cholamandalam DBS Finance Ltd P1+ 4, % First India Credit Corporation Ltd A1+ 4, % GE Money Financial Services Ltd P % Reliance Capital Finance Ltd A % Kotak Mahindra Primus Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 30, ICICI Prudential Interval Fund-Annual Plan III PSU/PFI Bonds 1, % Infrastructure Development Finance Corp. AAA 1, % Private Corporate Securities 1, % HDFC Ltd AAA 1, % Pass Through Certificates* 3, % PTC Collateralised Debt Trust Series 20 A1 P1+(SO) 1, % PTC ICLST Series LIV A1+(SO) 1, % CPs, CDs and Term Deposits 4, % ABN Amro Bank Ltd A1+ 2, % Canara Bank Ltd P1+ 2, % Reliance Capital Finance Ltd A % Kotak Mahindra Primus Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 11, ICICI Prudential Interval Fund-Annual Plan IV CPs, CDs and Term Deposits % Allahabad Bank Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets (1.51) -0.81% Total Net Assets ICICI Prudential Interval Fund-Half Yearly Plan I CPs, CDs and Term Deposits % Tata Sons Ltd P % National Housing Bank Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets ICICI Prudential Interval Fund-Half Yearly Plan II CPs, CDs and Term Deposits 3, % State Bank of Indore Ltd P1+ 2, % Reliance Capital Finance Ltd A1+ 1, % Allahabad Bank Ltd P % Vijaya Bank P % National Housing Bank Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets (0.08) 0.01% Total Net Assets 3, ICICI Prudential Interval Fund IV-Qtrly Interval Plan A Cash, CBLO & Reverse Repo % Other Current Assets (25.47) % Total Net Assets ICICI Prudential Interval Fund-Mntly Int Plan I PSU/PFI Bonds 13, % Indian Oil Corporation Ltd A1+ 13, % Private Corporate Securities 41, % IL&FS Financial Services Ltd A1+ 11, % Ranbaxy Laboratories Ltd A1+ 10, % HDFC Ltd AAA 9, % Kesoram Industries Ltd P1+ 5, % Birla Global Finance Ltd A1+ 2, % Redington India Ltd P1+ 2, % CPs, CDs and Term Deposits 36, % ING Vysya Bank Ltd P1+ 9, % Power Finance Corporation Ltd A1+ 9, % Reliance Capital Finance Ltd A1+ 8, % Sundaram Finance Ltd P1+ 2, % Tata Capital Ltd A1+ 2, % IDBI Bank Ltd A1+ 1, % State Bank of Hyderabad Ltd P % State Bank of Mysore Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 90, ICICI Prudential Interval Fund III - Monthly Interval Plan Private Corporate Securities 4, % IL&FS Financial Services Ltd A1+ 2, % BHW Home Finance Ltd P1+ 1, % CPs, CDs and Term Deposits 19, % State Trading Corporation of India Ltd A1+ 5, % National Housing Bank Ltd A1+ 4, % State Bank of India Ltd P1+ 2, % ING Vysya Bank Ltd P1+ 2, % Power Finance Corporation Ltd A1+ 2, % State Bank of Patiala Ltd A1+ 1, % First India Credit Corporation Ltd A1+ 1, % State Bank of Mysore Ltd A % Other Current Assets 1, % Total Net Assets 24, ICICI Prudential Interval Fund-Qtrly Int Plan I Private Corporate Securities % HDFC Ltd AAA % Pass Through Certificates* 13, % PTC ICLST Series 35 A1 A1+(SO) 6, % PTC ICLST Series 34 A1 F1+(SO) 6, % PTC ICLST Series 35 A2 A1+(SO) % PTC ICLST Series 34 A2 F1+(SO) % CPs, CDs and Term Deposits 31, % ICICI Bank Ltd P1+ 9, % Tata Capital Ltd A1+ 6, % Reliance Capital Finance Ltd A1+ 6, % AXIS Bank Ltd P1+ 4, % Vijaya Bank P1+ 4, % State Bank of Saurashtra Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets (8.00) -0.01% Total Net Assets 45, ICICI Prudential Interval Fund-Qtrly Int Plan II Private Corporate Securities 2, % L&T Finance Ltd P1+ 2, % CPs, CDs and Term Deposits 16, % JM Financial & Investment Consultancy Services Pvt. Ltd P1+ 5, % Sundaram Finance Ltd P1+ 2, % National Housing Bank Ltd A1+ 2, % State Bank of Indore Ltd P1+ 2, % State Bank of Hyderabad Ltd P1+ 1, % AXIS Bank Ltd F % State Bank of Mysore Ltd A % Vijaya Bank P % Corporation Bank Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 18,

36 ICICI Prudential Interval Fund (A Debt Oriented Interval Fund) Risk averse investors seeking returns on a held to maturity basis. ICICI Prudential Interval Fund II-Qtrly Int Plan A Private Corporate Securities % Kotak Mahindra Primus Ltd P % CPs, CDs and Term Deposits 8, % GE Capital Transportation Financial Services Ltd P1+ 2, % Reliance Capital Finance Ltd A1+ 1, % State Bank of Saurashtra Ltd A1+ 1, % State Bank of Bikaner & Jaipur Ltd P % State Bank of Patiala Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 9, ICICI Prudential Interval Fund II-Qtrly Int Plan B CPs, CDs and Term Deposits 54, % Allahabad Bank Ltd P1+ 9, % ICICI Bank Ltd P1+ 9, % IDBI Bank Ltd P1+ 9, % Standard Chartered Bank Ltd P1+ 9, % YES Bank P1+ 5, % AXIS Bank Ltd P1+ 5, % Corporation Bank Ltd P1+ 2, % Federal Bank Ltd F1+ 1, % State Bank of Saurashtra Ltd A1+ 1, % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 54, ICICI Prudential Interval Fund II-Qtrly Int Plan C PSU/PFI Bonds 9, % Indian Oil Corporation Ltd A1+ 9, % Private Corporate Securities 2, % Kotak Mahindra Primus Ltd P1+ 2, % CPs, CDs and Term Deposits 34, % HDFC Ltd A1+ 9, % Reliance Capital Finance Ltd A1+ 4, % Jammu & Kashmir Bank Ltd P1+ 4, % AXIS Bank Ltd P1+ 4, % ICICI Bank Ltd P1+ 3, % IDBI Home Finance Ltd A1+ 2, % Corporation Bank Ltd P1+ 1, % IDBI Bank Ltd AAA 1, % Cash, CBLO & Reverse Repo % Other Current Assets (94.23) -0.21% Total Net Assets 45, ICICI Prudential Interval Fund II-Qtrly Int Plan D Private Corporate Securities 7, % Ranbaxy Laboratories Ltd P1+ 4, % Birla Global Finance Ltd A1+ 2, % CPs, CDs and Term Deposits 24, % IL&FS Financial Services Ltd P1+ 5, % State Bank of India Ltd P1+ 4, % Citicorp Finance (India) Ltd P1+ 4, % AXIS Bank Ltd P1+ 3, % Reliance Capital Finance Ltd A1+ 2, % First India Credit Corporation Ltd A1+ 2, % State Bank of Patiala Ltd A % State Bank of Mysore Ltd A % Other Current Assets % Total Net Assets 31, ICICI Prudential Interval Fund II-Qtrly Int Plan E CPs, CDs and Term Deposits 37, % Federal Bank Ltd P1+ 9, % ING Vysya Bank Ltd P1+ 9, % State Bank of Hyderabad Ltd P1+ 7, % IDBI Bank Ltd P1+ 4, % AXIS Bank Ltd F1+ 2, % HDFC Bank Ltd P1+ 1, State Bank of Patiala Ltd A1+ 1, % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 37, ICICI Prudential Interval Fund II-Qtrly Int Plan F CPs, CDs and Term Deposits 20, % Reliance Capital Finance Ltd A1+ 9, % Power Finance Corporation Ltd A1+ 4, % Sundaram Finance Ltd P1+ 1, % Oriental Bank of Commerce P1+ 1, % HDFC Bank Ltd P1+ 1, % AXIS Bank Ltd F % State Bank of Mysore Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets (2.42) -0.01% Total Net Assets 20, ICICI Prudential Interval Fund-Qtrly Int Plan III CPs, CDs and Term Deposits 12, % State Bank of Bikaner & Jaipur Ltd P1+ 4, % L&T Finance Ltd P1+ 4, % Oriental Bank of Commerce P1+ 2, % State Bank of Saurashtra Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets (1.68) -0.01% Total Net Assets 12, *Please refer to annexure on Pass Through Certificates Details for complete details. PERFORMANCE Performance Records for Interval Fund - Retail Growth Plan Scheme Name Date Period NAV NAV as on Returns 29-Aug-08 ICICI Prudential Interval Fund- Monthly Interval Plan I 12-May-07 Since inception % ICICI Prudential Interval Fund- Quarterly Interval Plan I 15-May-07 Since inception % ICICI Prudential Interval Fund- Quarterly Interval Plan II 15-Jun-07 Since inception % ICICI Prudential Interval Fund- Quarterly Interval Plan III 20-Jul-07 Since inception % ICICI Prudential Interval Fund- Annual Interval Plan I 17-Aug-07 Since inception % ICICI Prudential Interval Fund- Annual Interval Plan II 5-Oct-07 Since inception % ICICI Prudential Interval Fund- Annual Interval Plan III 18-Oct-07 Since inception % ICICI Prudential Interval Fund- Annual Interval Plan IV 26-Oct-07 Since inception % ICICI Prudential Interval Fund- Half Yearly Interval Plan I 12-Oct-07 Since inception % ICICI Prudential Interval Fund II- Quarterly Interval Plan A 24-Oct-07 Since inception % ICICI Prudential Interval Fund - Half Yearly Interval Plan II 7-Nov-07 Since inception % ICICI Prudential Interval Fund II- Quarterly Interval Plan B 7-Nov-07 Since inception % ICICI Prudential Interval Fund II- Quarterly Interval Plan C 23-Nov-07 Since inception % ICICI Prudential Interval Fund II- Quarterly Interval Plan D 5-Dec-07 Since inception % ICICI Prudential Interval Fund II- Quarterly Interval Plan E 13-Dec-07 Since inception % ICICI Prudential Interval Fund II- Quarterly Interval Plan F 27-Dec-07 Since inception % ICICI Prudential Interval Fund - Monthly Interval Plan III 29-Jul-08 Since inception % ICICI Prudential Interval Fund IV- Quarterly Interval Plan A 28-Aug-08 Since inception % Returns >= 1 Year are CAGR, < 1 Year are Absolute. Note: For computation of returns the allotment NAV has been taken as Rs Performance of Dividend Plan is subject to applicability of Dividend Distribution Tax. Past performance may or may not be sustained in the future. 30-Aug-08 & 31-Aug-08 were non business days. Fund Size Rs Crores 36

37 ICICI Prudential Flexible Income Plan (An Open Ended Income Fund) Style Box Fund Manager : Chaitanya Pande (Managing this fund since April, 2008 & over 12 yrs of fund management experience) Indicative Investment Horizon: 1 year & above Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Cumulative option : Rs **Expense Ratio : 0.25% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception: FIP Vs Crisil Composite Bond Fund Index 160, , , , , , ,000 90,000 80,000 CAGR Flexible Income Plan : 7.66%; Benchmark : 4.84% Past performance may or may not be sustained in future. Performance Record *- Cumulative Option 1 *Returns >= 1 Year are CAGR, < 1 Year are Absolute. Benchmark is Crisil Composite Bond Fund Index. For computation of returns the allotment NAV has been taken as Rs Performance of Dividend Plan is subject to applicability of Dividend Distribution Tax. Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Rating Profile Rs Rs Sep-02 Jan-03 May-03 Sep-03 Jan-04 May-04 Sep-04 Jan-05 May-05 Sep-05 Jan-06 May-06 Sep-06 Jan-07 May-07 Sep-07 Dec-07 Apr-08 Aug-08 Flexible Income Plan 4.46% Crisil Composite Bond Fund Index 8.89% 7.32% 7.66% 5.83% 4.84% 3.92% 4.07% 3.50% -0.62% - Last 6 Last 1 Last 3 Last 5 Since Months year years years Inception Flexible Income Plan Crisil Composite Bond Fund Index Call,Current Assets and Reverse Repos 6.07% AA and Equivalent 1.19% AAA and Equivalent 92.74% Medium term investment for returns generated from managing interest rate volatility Company/Issuer Rating Mkt Value (Rs. Lakh) % to NAV PSU/PFI Bonds 19, % Indian Oil Corporation Ltd A1+ 10, % IDBI Bank Ltd AA+ 9, % Private Corporate Securities 164, % HDFC Ltd AAA 60, % PTC UBL Trust Series 62-B P1+SO 30, % PTC UBL Trust Series 62-A P1+SO 30, % CitiFinancial Consumer Finance India Ltd AAA 23, % Mahindra & Mahindra Financial Services Ltd AA+ 5, % Rabo India Finance Ltd P1+ 5, % Global Trade Finance Ltd P1+ 4, % Hero Honda Finlease Ltd P1+ 2, % PTC ICL Trust Series 22 A1 A1+(SO) 2, % GE Money Financial Services Ltd AAA % L&T Finance Ltd A1+(SO) % Cholamandalam DBS Finance Ltd A % PTC ICL Trust Series 22 A2 A1+(SO) % Pass Through Certificates* 125, % PTC BRPL Trust Series 13 A1+(SO) 21, % PTC Indian Corp Loan Securitisation Trust Series 15-A1 P1+SO 17, % PTC Auto Sec Trust MixpoolA Aug07 TMFL AAA(SO) 14, % PTC Collateral Debt Trust Series II-A1 P1+SO 12, % PTC Auto Sec Trust MixpoolA Nov11 TMFL AAA(SO) 7, % PTC Collateralised Debt Trust Series 20 A1 P1+(SO) 7, % PTC Credit Asset Trust Series XLII F1+ 6, % PTC BHPC Asset Trust Series II AAA(SO) 6, % PTC KFP Loan Trust Series GECSI P1+SO 5, % PTC Credit Asset Trust Series HSBC F1+ 5, % PTC Credit Asset Trust Series XLIII F1+ 4, % PTC Shriram Transport F1+ 4, % PTC ICLST Series 34 A1 F1+(SO) 3, % PTC GE Capital Services India Ltd A1+(SO) 2, % PTC Auto Sec Trust Mixpool Jun07 TMFL AAA(SO) 1, % PTC Collateral Debt Trust Series II-A2 P1+SO 1, % PTC KCS Loan Trust Series A1 GECSI A1+(SO) 1, % PTC ICLST Series LIV A1+(SO) 1, % PTC IBL Trust IndusInd Bank AAA(SO) % PTC Corporate Loan Trust Series 18 A1 P1+(SO) % PTC UBL Trust Series 55A AA(SO) % PTC BRPL Trust Series 11 A1+(SO) % PTC BRPL Trust Series 12 A1+(SO) % PTC ICLST Series 34 A2 F1+(SO) % PTC Corporate Loan Trust Series 18 A2 P1+(SO) % PTC Bharat Securitisation Trust Series A-IO A1+(SO) % PTC VEL Trust Series IX Note 4 A1+(SO) % PTC VEL Trust Series IX Note 6 A1+(SO) % PTC VEL Trust Series IX Note 3 A1+(SO) % PTC VEL Trust Series IX Note 7 A1+(SO) % PTC VEL Trust Series IX Note 5 A1+(SO) % CPs, CDs and Term Deposits 847, % ICICI Bank Ltd P1+ 208, % UCO Bank P1+ 99, % Canara Bank Ltd P1+ 78, % Punjab National Bank Ltd P1+ 76, % Indian Bank Ltd F1+ 41, % HDFC Ltd A1+ 38, % Standard Chartered Bank Ltd P1+ 29, % Power Finance Corporation Ltd A1+ 28, % IDBI Bank Ltd P1+ 28, % Corporation Bank Ltd P1+ 26, % Allahabad Bank Ltd P1+ 22, % AXIS Bank Ltd AAA 37, % Bank of Nova Scotia P1+ 15, % YES Bank AAA 19, % GE Capital Transportation Financial Services Ltd AAA 14, % State Bank of Indore Ltd P1+ 9, % State Bank of Mysore Ltd AAA 12, % State Bank of Patiala Ltd A1+ 8, % Oriental Bank of Commerce P1+ 8, % Tata Capital Ltd A1+ 5, % Vijaya Bank P1+ 5, % Union Bank of India Ltd P1+ 5, % Reliance Capital Finance Ltd A1+ 5, % Jammu & Kashmir Bank Ltd P1+ 4, % Nabard P1+ 4, % GE Money Financial Services Ltd P1+ 3, % LIC Housing Finance Ltd P1+ 2, % Export Import Bank of India Ltd AAA 2, % Federal Bank Ltd F1+ 1, % Cash, CBLO & Reverse Repo 10, % Other Current Assets 64, % Total Net Assets 1,231, Top Five Holdings * Please refer to annexure on Pass Through Certificates Details for complete details. Maturity profile: Quantitative Indicators: 3-5 years 1-3 years Other Current Assets 1.69% 4.10% 5.22% Average Maturity : 0.49 Year Modified Duration : 0.44 Year Yield To Maturity : 9.84% % Unlisted Bonds : 1.89% Std Dev : 0.19% 182 days - 1 year 34.40% <182 days 54.59% **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. 37

38 ICICI Prudential Income Plan (An Open Ended Debt Fund) Style Box Fund Manager : Rahul Goswami (Managing this fund since April, 2008 & over 10 yrs of experience in debt fund management) Indicative Investment Horizon: 1 year & above Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Retail Growth option : Rs Institutional Growth option : Rs **Expense Ratio: Income Plan: 2.11% Income Inst. Plan: 1.50% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception*: Income Plan Vs Crisil Composite Bond Fund Index 160, , , , , , ,000 90,000 *Benchmark start date : 30-Mar-02. CAGR Income Plan: 6.17%; Benchmark : 5.25% Past performance may or may not be sustained in future. Rs Rs Apr-02 Aug-02 Dec-02 Apr-03 Aug-03 Dec-03 Apr-04 Aug-04 Dec-04 Apr-05 Aug-05 Dec-05 Apr-06 Aug-06 Dec-06 Apr-07 Aug-07 Dec-07 Apr-08 Aug-08 Income Plan Crisil Composite Bond Fund Index Medium term investment for steady returns with market volatility Company/Issuer Rating Mkt Value (Rs. Lakh) % to NAV PSU/PFI Bonds % Indian Oil Corporation Ltd AAA % State Bank of India Ltd AAA % Private Corporate Securities 3, % Tata Sons Ltd AAA 3, % Government Securities 3, % 8.24% GOI 2027 Sovereign 3, % 5.87% GOI 2010 Sovereign % CPs, CDs and Term Deposits 9, % Oriental Bank of Commerce P1+ 4, % Corporation Bank Ltd P1+ 4, % Vijaya Bank P % Cash, CBLO & Reverse Repo 1, % Other Current Assets 5, % Total Net Assets 24, Top Five Holdings Performance Record* - Growth Option % 6.61% 5.85% 4.44% 3.92% 4.07% 3.50% -0.51% -0.62% Last 6 Months Last 1 year Last 3 years Last 5 years Since Inception Income Plan Crisil Composite Bond Fund Index *Returns < 1 : Absolute, > = 1Year : CAGR. Benchmark - Crisil Composite Bond Fund Index. Start date - 30-Mar-02. For computation of returns the allotment NAV has been taken as Rs Performance of Dividend Plan is subject to applicability of Dividend Distribution Tax. Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Maturity Profile Quantitative Indicators 5-10 years <182 days 0.17% 7.90% Average Maturity : 4.07 Years Modified Duration : 2.25 Years Yield to Maturity : 9.94% > 10 years 14.09% % Unlisted Bonds : 1-3 years 18.63% Std Dev : 1.10% Other Current Assets 20.16% 182 days - 1 year 39.05% Rating Profile Sovereign Securities 15.86% AAA and Equivalent 56.08% Call,Current Assets and Reverse Repos 28.06% **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. 38

39 ICICI Prudential Long Term Plan (An Open Ended Income Fund) Style Box Fund Manager : Rahul Goswami (Managing this fund since Oct., 2005 & over 10 yrs of experience in debt fund management) Indicative Investment Horizon: 1 year & more Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option : Rs **Expense Ratio : 0.90% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Medium term investment for steady returns with market volatility Company/Issuer Rating Mkt Value (Rs. Lakh) % to NAV CPs, CDs and Term Deposits 1, % State Bank of Mysore Ltd A % IDBI Bank Ltd AAA % Reliance Capital Finance Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets (26.36) -2.21% Total Net Assets 1, Rs invested at inception: Long Term Plan Vs Crisil Composite Bond Fund Index 180, , , , , , , , ,000 90,000 Rs Rs Apr-02 Aug-02 Dec-02 Apr-03 Aug-03 Dec-03 Apr-04 Aug-04 Dec-04 Apr-05 Aug-05 Dec-05 Apr-06 Aug-06 Dec-06 Apr-07 Aug-07 Dec-07 Apr-08 Aug-08 Long Term Plan Crisil Composite Bond Fund Index *Benchmark start date : 30-Mar-02. CAGR Long Term Plan : 9.13%; Benchmark : 5.17% Past performance may or may not be sustained in future. Performance Record *- Growth Option % 9.04% 7.47% 3.92% 4.07% 7.94% 3.50% 9.25% % Last 6 Last 1 Last 3 Last 5 Since Months year years years Inception Long Term Plan Crisil Composite Bond Fund Index *Returns < 1Year : Absolute, > = 1Year : CAGR. Benchmark is Crisil Composite Bond Fund Index. Start date - 30-Mar-02. For computation of returns the allotment NAV has been taken as Rs Performance of Dividend Plan is subject to applicability of Dividend Distribution Tax. Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Rating Profile Call,Current Assets and Reverse Repos 7.13% Maturity profile: Other Current Assets <182 days 182 days - 1 year -2.21% 9.34% Quantitative Indicators: Average Maturity : 0.49 Year Modified Duration : 0.44 Year Yield To Maturity : 10.47% % Unlisted Bonds : 92.87% AAA and Equivalent 92.87% Notes to Numbers and Data in the Fact Sheet 1. Yield to maturity, modified duration and average maturity are the weighted average of these numbers, computed for each security in the portfolio, and weighted by the market value of each security to the total market value of the portfolio. 2. Average maturity for PTCs and papers with partial redemptions, are weighted averages of tenor and quantity of cash flows until maturity. 3. Price/Earning Ratio, Price/Book Value Ratio, and Dividend Yield are based on the historical earning numbers, and accounting numbers, and have been sourced from Bloombergâ. They have been computed only for the invested portion of the portfolio. 4. Average days to reset for the Floating rate plan, is the weighted average of the next interest reset date of the floating rate bonds, weighted by their market values. 5. Bank deposits are internally credit rated and posses an internal rating equivalent to AAA. They have been disclosed separately in the credit profile section only in the interest of clarity, so that investors do not presume they are independently credit rated. 6. Other current assets are not included for the purposes of computing portfolio aggregate numbers such as YTM, Modified Duration and average (except in the case of Liquid Plan). 7. Where the individual holding in a security/issuer is less than 1% of the NAV, such holdings have been aggregated, wherever appropriate, in the interest of clarity. 8. Dividends declared in a scheme have been separately disclosed. 9. All portfolios are common portfolios held under a given scheme, and all return numbers unless otherwise stated, represent the Growth Option. 10. For computing the % of listed securities, instruments which cannot be listed under the existing rules and regulations such as CPs, CDs, CBLOs, Bank FDs, T Bills, and PTCs are excluded from the unlisted category. 11. The standard deviation is used to measure the volatility of returns. 12. Sharpe Ratio is the measure of the risk-adjusted performance. It is calculated by subtracting the risk-free rate from the average rate of return for a portfolio and dividing the result by the standard deviation of the portfolio returns. 13. Beta is the measure of the portfolio s volatility to its respective benchmark. 14. R-squared is a measurement of how closely a portfolio s performance correlates with the performance of benchmark index. A higher R-squared value indicates a more useful beta. 15. The Std. Dev., Sharpe Ratio, Beta & R-squared are based on monthly returns calculated using last 3 years data. 16. The Avg. Monthly Returns in Various Market Conditions have been calculated by taking absolute month-on-month fund & benchmark returns. These returns are bucketed into two scenarios - when benchmark is up & when benchmark is down and then an avg. of these respective scenario returns is taken. **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. 39

40 ICICI Prudential Gilt Fund (An Open Ended Gilt Fund) Treasury Plan Style Box Fund Manager : Rahul Goswami (Managing this fund since Oct., 2005 & over 10 yrs of experience in debt fund management) Indicative Investment Horizon: 3-6 months Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option : Rs Dividend option: Rs **Expense Ratio : 1.10% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception*: Gilt -Treasury Vs I Sec Si Bex Treasury Plan: Short term deployment of funds in a portfolio of G-Secs with low volatility Investment Plan: Medium term investment in a portfolio of G-Secs for steady returns with market volatility Investment Plan Style Box Fund Manager : Rahul Goswami (Managing this fund since Oct., 2005 & over 10 yrs of experience in debt fund management) Indicative Investment Horizon: 1 year & above Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08) : Growth option: Rs Dividend option: Rs **Expense Ratio : 1.15% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception: Gilt - Investment Vs I-Sec I Bex 160, , , , , , ,000 90,000 Rs Rs *Benchmark start date : 30-Mar-02. CAGR Gilt - Treasury : 6.30%; Benchmark : 6.36% Past performance may or may not be sustained in future. Performance Record* - Growth Option (Treasury Plan) 9.00% 7.00% 5.00% 3.00% 1.00% Apr-02 Aug-02 Dec-02 Apr-03 Aug-03 Dec-03 Apr-04 Aug-04 Dec-04 Apr-05 Aug-05 Dec-05 Apr-06 Aug-06 Dec-06 Apr-07 Aug-07 Dec-07 Apr-08 Aug % 2.52% Last 6 Months Gilt Treasury I Sec Si Bex 7.37% 6.65% 6.90% 6.44% 5.75% 5.70% 7.99% Last 1 year Last 3 years Last 5 years Since Inception Gilt Treasury I Sec Si Bex *Returns >= 1 Year are CAGR, < 1 Year are Absolute. Benchmark is I Sec Si Bex. Benchmark start date : 30-Mar-02. For computation of returns the allotment NAV has been taken as Rs Performance of Dividend Plan is subject to applicability of Dividend Distribution Tax. Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Maturity Profile: 280, , , , , , , , , ,000 80,000 CAGR Gilt - Investment: 10.54%; Benchmark : 10.17%. Past performance may or may not be sustained in future. Performance Record* - Growth Option (Investment Plan) Gilt Investment I Sec I-Bex *Returns >= 1 Year are CAGR, < 1 Year are Absolute. Benchmark is I Bex. For computation of returns the allotment NAV has been taken as Rs Performance of Dividend Plan is subject to applicability of Dividend Distribution Tax. Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Maturity Profile: Aug-99 Mar-00 Oct % -3.79% Last 6 Months May-01 Dec-01 Jul-02 Feb-03 Gilt Investment Sep-03 Apr-04 Nov-04 Jun-05 I Sec I-Bex Jan-06 Aug % 6.44% 4.71% 4.63% 3.63% 2.07% Last 1 year Last 3 years Last 5 years Rs Rs Mar-07 Oct-07 Aug % 10.17% Since Inception 1-3 years 8.88% <182 days 17.28% Other Current Assets 13.07% 182 days - 1 year 17.76% <182 days 18.76% Other Current Assets 32.09% 182 days - 1 year 59.29% > 10 years 32.87% - Treasury Plan Company/Issuer Rating Mkt Value % to NAV (Rs. Lakh) Government Securities % 7.55% GOI 2010 Sovereign % CPs, CDs and Term Deposits 4, % Punjab National Bank Ltd P1+ 2, % Vijaya Bank P1+ 1, % Cash, CBLO & Reverse Repo 1, % Other Current Assets 1, % Total Net Assets 7, Quantitative Indicators: Treasury Plan Average Maturity : 0.57 Year Modified Duration : 0.52 Year Yield To Maturity : 8.45% % Unlisted Bonds : Investment Plan Company/Issuer Rating Mkt Value % to NAV (Rs. Lakh) Government Securities 3, % 8.24% GOI 2027 Sovereign 3, % CPs, CDs and Term Deposits 1, % Punjab National Bank Ltd P % Vijaya Bank P % Cash, CBLO & Reverse Repo 1, % Other Current Assets 3, % Total Net Assets 10, Quantitative Indicators: Investment Plan Average Maturity : 9.09 Years Modified Duration : 4.38 Years Yield To Maturity : 8.61% % Unlisted Bonds : **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. 40

41 ICICI Prudential Gilt Fund PF Option (An Open Ended Gilt Fund) Treasury Plan PF option Fund Manager : Rahul Goswami (Managing this fund since Oct., 2005 & over 10 yrs of experience in debt fund management) Indicative Investment Horizon: 3-6 months Inception date: 11-Feb-04 Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option: Rs **Expense Ratio : 1.50% (Please refer to page no. 58 for Additional Information) Style Box Treasury: Short term deployment of funds in portfolio of G-Secs with low volatility Investment: Medium term investment for steady returns with market volatility Investment Plan PF option Fund Manager : Rahul Goswami (Managing this fund since Oct., 2005 & over 10 yrs of experience in debt fund management) Indicative Investment Horizon: 1 year & above Inception date: 19-Nov-03 Fund Size: Rs crores NAV (As on 29-Aug-08): Growth option: Rs **Expense Ratio : 1.10% (Please refer to page no. 58 for Additional Information) Style Box Rs invested at inception: Gilt -Treasury PF Vs I Sec Si Bex 135, , , , , , , ,000 95,000 90,000 Absolute Gilt Treasury PF option : 5.32%; Benchmark : 5.79%. Past performance may or may not be sustained in future. Performance Record - Growth option 7.00% 5.00% 3.00% 1.00% Rs Rs Feb-04 May-04 Aug-04 Nov-04 Feb-05 May-05 Aug-05 Nov-05 Feb-06 May-06 Aug-06 Nov-06 Feb-07 May-07 Aug-07 Nov-07 Feb-08 May-08 Aug % 2.16% Gilt Treasury-PF 6.81% I Sec Si Bex 6.90% 6.65% 5.79% 5.32% Last 6 Months Last 1 year Last 3 years Since Inception Gilt Treasury-PF I Sec Si Bex Returns >= 1 Year are CAGR, < Year are Absolute. Benchmark is I-Sec Si Bex Index. For computation of returns the allotment NAV has been taken as Rs Performance of Dividend Plan is subject to applicability of Dividend Distribution Tax. Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Maturity Profile: Rs invested at inception: Gilt -Investement PF Vs I Sec Li Bex 140, , , , , , , , ,000 95,000 90,000 Absolute Gilt Investment PF option : 6.02%; Benchmark : 3.02%. Past performance may or may not be sustained in future. Performance Record - Growth option Returns >= 1 Year are CAGR, < Year are Absolute. Benchmark is I-Sec Li Bex Index. For computation of returns the allotment NAV has been taken as Rs Performance of Dividend Plan is subject to applicability of Dividend Distribution Tax. Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Maturity profile: Rs Rs Nov-03 Feb-04 May-04 Aug-04 Nov-04 Feb-05 May-05 Aug-05 Nov-05 Feb-06 May-06 Aug-06 Nov-06 Feb-07 May-07 Aug-07 Nov-07 Feb-08 May-08 Aug % Gilt Fund-PF I Sec Li-Bex 7.31% 7.50% 0.01% 3.91% 6.02% 3.02% -6.31% Last 6 Last 1 year Last 3 years Since Months Inception Gilt Fund-PF I Sec Li-Bex Other Current Assets -1.95% <182 days 7.75% 1-3 years 5.87% 182 days - 1 year 19.25% 182 days - 1 year 39.17% Other Current Assets 19.45% <182 days 56.92% > 10 years 53.56% Treasury PF Company/Issuer Rating Mkt Value % to NAV (Rs. Lakh) Government Securities % 6.65% GOI 2009 Sovereign % 7.55% GOI 2010 Sovereign % CPs, CDs and Term Deposits 1, % Punjab National Bank Ltd P % Vijaya Bank P % Cash, CBLO & Reverse Repo 2, % Other Current Assets (97.26) -1.96% Total Net Assets 4, Quantitative Indicators: Treasury PF Plan Average Maturity : 0.32 Year Modified Duration : 0.29 Year Yield To Maturity : 7.39% % Unlisted : - Investment PF Company/Issuer Rating Mkt Value % to NAV (Rs. Lakh) Government Securities 2, % 8.24% GOI 2027 Sovereign 2, % 8.15% GOI 2022 Sovereign % CPs, CDs and Term Deposits % Vijaya Bank P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 4, Quantitative Indicators: Investment PF Plan Average Maturity : Years Modified Duration : 5.95 Years Yield To Maturity : 9.29% %Unlisted : **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. 41

42 ICICI Prudential Liquid Plan (An Open Ended Liquid Income Fund) Fund Manager : Chaitanya Pande (Managing this fund since Oct., 2005 & over 12 yrs of fund management experience) Indicative Investment Horizon: Upto 1month Style Box Inception date: Growth Option: Institutional Option: Institutional Plus Option: Super Institutional Option: Fund Size: Rs crores NAV (As on 31-Aug-08): Growth option : Rs Institutional Growth option : Rs Institutional Plus Growth option : Rs Super Institutional Growth option : Rs Institutional option-i-growth option: Rs **Expense Ratio: Growth option : 1.10% Inst. option : 0.85% Inst. Plus option : 0.70% Super Inst. option : 0.25% Inst. - I option : 0.35% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception*: Liquid Plan-Growth Vs Crisil LiquidFund Index 150,000 Rs , ,000 Rs , , ,000 90,000 Liquid Plan-Growth Option Crisil Liquid Fund Index *Benchmark start date : 30-Mar-02. CAGR Liquid Plan : 7.33%; Benchmark : 6.64% Past performance may or may not be sustained in future. Performance Record *- Growth Option % 7.00% 5.00% 3.00% 1.00% Liquid Plan-Growth Option Crisil Liquid Fund Index *Returns >= 1 Year are CAGR, < 1 Year are Simple Annualised. Benchmark is Crisil Liquid Fund Index. Start date - 30-Mar-02. For computation of returns the allotment NAV has been taken as Rs Performance of Dividend Plan is subject to applicability of Dividend Distribution Tax. Past performance may or may not be sustained in future. Maturity Profile: >182 days <182 days Rating Profile Apr-02 Aug-02 Dec-02 Apr-03 Aug-03 Dec-03 Apr-04 Aug-04 Dec-04 Apr-05 Aug-05 Dec-05 Apr-06 Aug-06 Dec-06 Apr-07 Aug-07 Dec-07 Apr-08 Aug % 9.14% 9.11% 8.71% 8.39% 7.75% 7.72% 8.35% 7.18% 8.14% 7.72% 7.30% 7.20% 6.67% 6.17% 7.30% 5.69% Last 7 days Last 15 days Last 30 days Last 3 Months Last 6 Months Last 1 year 41.77% Last 3 years Last 5 years 58.23% Since Inception Call,Current Assets and Reverse Repos 3.75% AAA and Equivalent 90.91% Sovereign Securities 0.09% Unrated 2.70% AA and Equivalent 2.55% Quantitative Indicators: Average Maturity : Days Std Dev : 0.10% Modified Duration : Days Yield To Maturity : 10.12% % Floating Rate Assets : 33.95% Average days to reset : Days Average maturity of fixed rate component : Days Weighted average maturity : Days % Unlisted Bonds : 2.66% Company/Issuer Rating Mkt Value (Rs. Lakh) % to NAV PSU/PFI Bonds 56, % Indian Oil Corporation Ltd A1+ 55, % Export Import Bank of India Ltd AAA % Indian Railway Finance Corporation AAA % Private Corporate Securities 287, % HDFC Ltd AAA 52, % Tata Sons Ltd AAA 37, % PTC UBL Trust Series 62-B P1+SO 30, % PTC UBL Trust Series 62-A P1+SO 30, % K. Raheja Corp Ltd Unrated 30, % Mahindra & Mahindra Financial Services Ltd AA+ 25, % CitiFinancial Consumer Finance India Ltd AAA 20, % GE Capital Services India Ltd AAA 10, % Global Trade Finance Ltd P1+ 8, % Indiabulls Financial Services Ltd P1+ 5, % Cholamandalam DBS Finance Ltd AA 5, % Nirma Ltd P1+ 5, % Redington India Ltd P1+ 5, % IL&FS Financial Services Ltd F1+ 5, % Citicorp Finance (India) Ltd AAA 4, % Kesoram Industries Ltd P1+ 4, % Pavitravati Greenfields Pvt Ltd Unrated 4, % Ranbaxy Laboratories Ltd A1+ 2, % Kotak Mahindra Primus Ltd AA 1, % Sundaram Finance Ltd AA % Ranbaxy Laboratories Ltd P % Pass Through Certificates* 115, % PTC Credit Asset Trust Series XXXIV P1+SO 13, % PTC KES Loan Trust GECSI A1+(SO) 10, % PTC ICL Trust Series LXIII P1+SO 8, % PTC Collateral Debt Trust Series V-A1 P1+SO 8, % PTC RB Trust Series XIV P1+SO 8, % PTC KFP Loan Trust Series GECSI P1+SO 7, % PTC VPT Trust SCB AAA 7, % PTC Auto Sec Trust MixpoolA Nov11 TMFL AAA(SO) 6, % PTC Loan Receivable Trust (Indiabulls) P1+(SO) 5, % PTC Credit Asset Trust Series HSBC F1+ 5, % PTC Indian Corp Loan Securitisation Trust Series 16-A1 P1+SO 4, % PTC Indiabulls Collateralised Debt Series 22 P1+SO 4, % PTC Credit Asset Trust Series XXXV HSBC AAA(SO) 3, % PTC ICLST Series 35 A1 A1+(SO) 3, % PTC RB Loan Trust Series III 2007 P1+SO 3, % PTC KCS Loan Trust Series A1 GECSI A1+(SO) 3, % PTC Credit Asset Trust Series XXIII HSBC AAA 2, % PTC Collateralised Debt Trust UTI Bank P1+SO 2, % PTC ICL Trust TMFL Yes Bank A1+(SO) 2, % PTC Credit Asset Trust Series 19 A3 F1+ 2, % PTC Indian Corp Loan Securitisation Trust Series 14-A1 P1+SO 1, % PTC Collateral Debt Trust Series V-A2 P1+SO % PTC Collateralised Debt Trust Series 20 A2 P1+(SO) % PTC ICLST Series 35 A2 A1+(SO) % Treasury Bills 1, % 91 Days T Bill (MD 12/09/2008) Sovereign 1, % CPs, CDs and Term Deposits 753, % ICICI Bank Ltd P1+ 190, % IDBI Bank Ltd AAA 93, % HDFC Ltd A1+ 72, % State Bank of Indore Ltd P1+ 62, % Canara Bank Ltd P1+ 55, % YES Bank F1+ 43, % Punjab National Bank Ltd AAA 31, % Corporation Bank Ltd P1+ 24, % UCO Bank P1+ 23, % State Bank of Mysore Ltd A1+ 19, % State Bank of Bikaner & Jaipur Ltd P1+ 16, % First India Credit Corporation Ltd A1+ 14, % AXIS Bank Ltd F1+ 10, % Allahabad Bank Ltd AAA 17, % State Bank of Saurashtra Ltd A1+ 9, % Gruh Finance Ltd P1+ 9, % Union Bank of India Ltd P1+ 9, % Reliance Communication Ltd A1+ 7, % Reliance Capital Finance Ltd A1+ 6, % State Bank of India Ltd P1+ 6, % GE Capital Transportation Financial Services Ltd AAA 11, % Citibank P1+ 5, % ING Vysya Bank Ltd P1+ 2, % Federal Bank Ltd P1+ 2, % National Housing Bank Ltd A1+ 2, % Export Import Bank of India Ltd P1+ 1, % Tata Sons Ltd P1+ 1, % AXIS Bank Ltd P1+ 1, % Vijaya Bank P % Kotak Mahindra Primus Ltd P % Indian Bank Ltd F % Cash, CBLO & Reverse Repo 93, % Other Current Assets (46,153.21) -3.67% Total Net Assets 1,261, Top Five Holdings * Please refer to annexure on Pass Through Certificates Details for complete details. 42 Temporary parking of funds with high liquidity **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month.

43 ICICI Prudential Floating Rate Plan (An Open Ended Income Fund) Style Box Fund Manager : Chaitanya Pande (Managing this fund since Oct., 2005 & over 12 yrs of fund management experience) Indicative Investment Horizon: 1-3 months Inception date: Fund Size: Rs crores NAV (As on 29-Aug-08): Plan A - Cumulative: Rs Plan B - Cumulative: Rs Plan C - Cumulative: Rs Plan D - Cumulative: Rs **Expense Ratio: Plan A %, Plan B %, Plan C %, Plan D % (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception: Floating Rate Plan B Vs Crisil Liquid Fund Index 150, , , , , ,000 90,000 CAGR Floating Rate Plan - Plan B : 6.42%; Benchmark : 5.62% Past performance may or may not be sustained in future. Performance Record *- Cumulative Option Plan B Rs Rs Mar-03 Jun-03 Sep-03 Nov-03 Feb-04 May-04 Jul-04 Oct-04 Dec-04 Mar-05 Jun-05 Aug-05 Nov-05 Jan-06 Apr-06 Jul-06 Sep-06 Dec-06 Mar-07 May-07 Aug-07 Nov-07 Jan-08 Apr-08 Aug-08 Floating Rate Plan Crisil Liquid Fund Index Short term deployment of funds Company/Issuer Rating Mkt Value (Rs. Lakh) % to NAV Private Corporate Securities 10, % HDFC Ltd AAA 10, % Pass Through Certificates* 19, % PTC Collateralised Debt Trust UTI Bank P1+SO 6, % PTC Bharat Securitisation Trust Series 2 AAA 6, % PTC KFP Loan Trust Series GECSI P1+SO 2, % PTC KSP Loan Trust Series A1 GECSI P1+ 2, % PTC Auto Sec Trust Mixpool Jun07 TMFL AAA(SO) % CPs, CDs and Term Deposits 34, % Union Bank of India Ltd A1+ 14, % Canara Bank Ltd P1+ 8, % State Bank of Mysore Ltd A1+ 6, % ICICI Bank Ltd P1+ 5, % Reliance Capital Finance Ltd A % Cash, CBLO & Reverse Repo % Other Current Assets 1, % Total Net Assets 64, Top Five Holdings * Please refer to annexure on Pass Through Certificates Details for complete details. 9.17% 9.02% 9.03% 8.83% 8.57% 8.55% 8.39% 8.27% 8.27% 7.34% 7.81% 7.34% 7.55% 6.68% 6.53% 6.42% 5.70% 5.62% % 7.00% 5.00% 3.00% 1.00% Last 7 Last 15 Last 30 days days days Last 3 Months Last 6 Months Floating Rate Plan Crisil Liquid Fund Index *Returns >= 1 Year are CAGR, < 1 Year are Simple Annualised. Benchmark is Crisil Liquid Fund Index. For computation of returns the allotment NAV has been taken as Rs Performance of Dividend Plan is subject to applicability of Dividend Distribution Tax. Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Maturity Profile >182 days <182 days 38.72% Last 1 year Last year Last 5 years 61.28% Since Inception Quantitative Indicators: Average Maturity : Days Modified Duration : Days Yield To Maturity : 10.34% % Floating Rate Assets : 44.25% Average days to reset : Days Average maturity of fixed rate component : Days Weighted average maturity : Days % Unlisted Bonds : 1.81% Std Dev : Rating Profile Call,Current Assets and Reverse Repos 1.99% AAA and Equivalent 98.01% **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. 43

44 ICICI Prudential Short Term Plan (An Open Ended Income Fund) Style Box Fund Manager : Chaitanya Pande (Managing this fund since Oct & over 12 yrs of fund management experience) Indicative Investment Horizon: 3-6 months Inception Cumulative Option: date } Institutional Option : Fund Size: Rs crores NAV (As on 29-Aug-08): Cumulative Option : Rs Institutional Option : Rs **Expense Ratio : Short Term Plan : 1.10% Inst. Plan : 0.80% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Rs invested at inception*: STP Vs Crisil Short Term Bond Fund Index 160, , , , , , ,000 90,000 *Benchmark start date : CAGR Short Term Plan: 6.90%; Benchmark : 5.75% Past performance may or may not be sustained in future. Performance Record* - Cumulative Option 7.00% 5.00% 3.00% 1.00% *Returns >= 1 Year are CAGR, < 1 Year are Absolute. Benchmark is Crisil Short Term Bond Fund Index. Start date: For computation of returns the allotment NAV has been taken as Rs Performance of Dividend Plan is subject to applicability of Dividend Distribution Tax. Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Maturity Profile Rs Rs Apr-02 Aug-02 Dec-02 Apr-03 Aug-03 Dec-03 Apr-04 Aug-04 Dec-04 Apr-05 Aug-05 Dec-05 Apr-06 Aug-06 Dec-06 Apr-07 Aug-07 Dec-07 Apr-08 Aug-08 Short Term Plan 3.27% 2.64% Last 6 Months Short Term Plan Crisil Short Term Bond Fund Index 7.60% 7.33% 6.70% 7.06% 6.55% 6.02% 5.22% Last 1 year Last 3 years Last 5 years Crisil Short Term Bond Fund Index Since Inception PSU/PFI Bonds % NABARD AAA % Private Corporate Securities 14, % PTC Corporate Debt A08 Series A2 A1+(SO) 4, % PTC RB Loan Trust Series 22 A3 P1+SO 3, % CitiFinancial Consumer Finance India Ltd AAA- 2, % Kotak Mahindra Primus Ltd AA 1, % Sundaram Finance Ltd A1+ 1, % PTC Corporate Debt A08 Series A1 A1+(SO) % Tata Motors Finance Ltd P % PTC RB Loan Trust Series 22 A2 P1+SO % L&T Finance Ltd A1+(SO) % Cholamandalam DBS Finance Ltd AA % Pass Through Certificates* 7, % PTC Auto Sec Trust Mixpool Jun07 TMFL AAA(SO) 3, % PTC GE Capital Services India Ltd A1+(SO) 1, % PTC Shriram Transport F % PTC ICL Trust TMFL Yes Bank A1+(SO) % PTC RB Trust Series XIV P1+SO % PTC RB Trust Series XV AAA(SO) % PTC IBL Trust IndusInd Bank AAA(SO) % PTC Citi Fleet Trust Citibank AAA(SO) % Cash, CBLO & Reverse Repo 1, % Other Current Assets % Total Net Assets 24, Top Five Holdings *Please refer to annexure on Pass Through Certificates Details for complete details. Quantitative Indicators: Short term deployment of funds with low volatility Company/Issuer Rating Mkt Value (Rs. Lakh) % to NAV Other Current Assets 1.35% 182 days - 1 year 25.57% <182 days 28.04% 1-3 years 45.04% Average Maturity : 1.00 Year Modified Duration : 0.72 Year Yield To Maturity : 10.47% % Floating Rate Assets : 56.68% Average days to reset : 0.44 Year Average maturity of fixed rate component : 0.44 Year Weighted average maturity : 0.44 Year % Unlisted Bonds : 12.77% Std Dev : 0.25% Rating Profile Call,Current Assets and Reverse Repos 8.31% AA and Equivalent 7.79% AAA and Equivalent 83.90% **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. 44

45 ICICI Prudential Sweep Plan (An Open Ended Liquid Fund) Style Box Fund Manager : Chaitanya Pande (Managing this fund since Oct., 2005 & over 12 yrs of fund management experience) Indicative Investment Horizon: One day to one week Inception date: Growth Option: Growth Cash Option: Fund Size: Rs crores NAV (As on 31-Aug-08): Growth option : Rs Cash Option Growth: Rs **Expense Ratio: Growth option: 1.00% Cash Option Growth: 0.25% (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Temporary parking of funds with high liquidity Company/Issuer Rating Mkt Value (Rs. Lakh) % to NAV CPs, CDs and Term Deposits 4, % ICICI Bank Ltd P1+ 3, % Indian Bank Ltd F % Cash, CBLO & Reverse Repo 5, % Other Current Assets (14.47) -0.15% Total Net Assets 9, Performance* Record - Growth Option Maturity Profile Rating Profile 9.00% 7.00% 5.00% 3.00% 1.00% 8.39% 7.41% 7.70% 7.77% 7.39% 7.31% 7.75% 7.72% 7.72% 6.97% 6.86% 7.18% 7.30% 6.67% 5.69% 5.60% 5.43% Last 7 days Last 15 days Last 30 days Last 3 Last 6 Months Months Last 1 year Last 3 years Last 5 Since years Inception Sweep Plan Crisil Liquid Fund Index *Returns >= 1 Year are CAGR, < 1 Year are Simple Annualised. Benchmark is Crisil Liquid Fund Index. Start date - 30-Mar-02. For computation of returns the allotment NAV has been taken as Rs Performance of Dividend Plan is subject to applicability of Dividend Distribution Tax. Past performance may or may not be sustained in future. >182 days <182 days ICICI Prudential Advisor Series - Cautious Plan Company/Issuer Mkt. Value (Rs. Lakh) % to NAV ICICI Prudential Flexible Income Plan % ICICI Prudential Dynamic Plan % ICICI Prudential Infrastructure Fund % ICICI Prudential Growth Plan % ICICI Prudential Index Fund % ICICI Prudential Emerging S.T.A.R Fund % ICICI Prudential Liquid Plan % Other Current Assets % Total Net Assets Moderate Plan Company/Issuer Mkt. Value (Rs. Lakh) % to NAV ICICI Prudential Flexible Income Plan % ICICI Prudential Growth Plan % ICICI Prudential Index Fund ICICI Prudential Emerging S.T.A.R Fund % ICICI Prudential Dynamic Plan % ICICI Prudential Power % ICICI Prudential Infrastructure Fund % Other Current Assets (0.38) -0.05% Total Net Assets Very Aggressive Plan Company/Issuer Mkt. Value(Rs. Lakh) % to NAV ICICI Prudential Power % ICICI Prudential Growth Plan % ICICI Prudential Dynamic Plan % ICICI Prudential Emerging S.T.A.R Fund % ICICI Prudential Flexible Income Plan % ICICI Prudential Infrastructure Fund % ICICI Prudential Index Fund % Other Current Assets % Total Net Assets Quantitative Indicators: Average Maturity : Days Average days to reset : Days Modified Duration : Days Average maturity of fixed rate component : Days Yield To Maturity : 7.67% Weighted average maturity : Days % Floating Rate Assets : 57.32% % Unlisted Bonds : Std Dev : 0.13% 45 Customised investment solutions to match risk return profile. (Fund of Funds) Fund Manager : Pankaj Kaji (Managing this fund since Oct., 2005 & over 35 yrs of experience in debt market) (Please refer to page no. 58 for Additional Information) - Aggressive Plan Company/Issuer Mkt. Value (Rs. Lakh) % to NAV - Very Cautious Plan Company/Issuer Mkt. Value (Rs. Lakh) % to NAV ICICI Prudential Flexible Income Plan % ICICI Prudential Liquid Plan % ICICI Prudential Growth Plan % ICICI Prudential Flexible Income Plan % ICICI Prudential Dynamic Plan % Other Current Assets % ICICI Prudential Power % Total Net Assets ICICI Prudential Index Fund % ICICI Prudential Emerging S.T.A.R Fund % ICICI Prudential Infrastructure Fund % Other Current Assets (4.14) -0.58% Total Net Assets Performance Records * Scheme Name Date Period NAV NAV Returns (Rs) as on Fund Benchmark 29-Aug-08 Index Very Cautious 29-Feb-08 Last 6 Months % 3.52% Very Cautious 31-Aug-07 Last 1 years % 7.15% Very Cautious 31-Aug-05 Last 3 years % 6.48% Very Cautious 18-Dec-03 Since Inception % 5.63% Cautious 29-Feb-08 Last 6 Months % -2.33% Cautious 31-Aug-07 Last 1 years % 3.50% Cautious 31-Aug-05 Last 3 years % 7.20% Cautious 18-Dec-03 Since Inception % 6.46% Moderate 29-Feb-08 Last 6 Months % -6.08% Moderate 31-Aug-07 Last 1 years % 2.10% Moderate 31-Aug-05 Last 3 years % 11.88% Moderate 18-Dec-03 Since Inception % 11.06% Aggressive 29-Feb-08 Last 6 Months % % Aggressive 31-Aug-07 Last 1 years % -0.29% Aggressive 31-Aug-05 Last 3 years % 16.96% Aggressive 18-Dec-03 Since Inception % 16.08% Very Aggressive 29-Feb-08 Last 6 Months % % Very Aggressive 31-Aug-07 Last 1 years % -1.37% Very Aggressive 31-Aug-05 Last 3 years % 20.74% Very Aggressive 18-Dec-03 Since Inception % 19.79% Very Cautious:- Crisil Liquid fund Index - 70%, Crisil Composite Bond Fund Index -30% Cautious:- Nifty-15%, Crisil Composite Bond Fund Index - 70%, Crisil Liquid Fund Index-15% Moderate:- Nifty-40%, Crisil Composite Bond Fund Index - 40%, Crisil Liquid Fund Index-20% Aggressive:- Nifty-70%, Crisil Composite Bond Fund Index - 25%, Crisil Liquid Fund Index-5% Very Aggressive:- Nifty-90%, Crisil Liquid Fund Index- 10% *Returns < 1Year : Absolute, > = 1Year : CAGR. For computation of returns the allotment NAV has been taken as Rs Past Performance may or may not be sustained in the future. 30-Aug-08 & 31-Aug-08 were non business days. Fund Size **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. 7.45% 91.95% Call,Current Assets and Reverse Repos 57.17% AAA and Equivalent 42.83% Rs Crores

46 ICICI Prudential Long Term Floating Rate Plan (An Open Ended Income Fund) Style Box Fund Manager : Chaitanya Pande (Managing this fund since Oct., 2005 & over 12 yrs of fund management experience) Indicative Investment Horizon: 6-12 months Inception date: 15-Sep-04 Fund Size: Rs crores NAV (As on 29-Aug-08): Plan A - Cumulative: Rs Plan B - Cumulative: Rs **Expense Ratio : Plan A % Plan B % (Please refer to page no. 58 for Additional Information & page no. 49 for dividend history) Generate market rate of returns with low volatility Company/Issuer Rating Mkt Value (Rs. Lakh) % to NAV PSU/PFI Bonds 1, % Union Bank of India Ltd AA % Indian Oil Corporation Ltd A % IDBI Bank Ltd AA % Private Corporate Securities % PTC Corporate Debt A08 Series A1 A1+(SO) % Kotak Mahindra Primus Ltd AA % Pass Through Certificates* % Rs invested at inception: Long Term Floating Rate Plan-B Vs Crisil Liquid Fund Index 135, , , , , , , ,000 95,000 90,000 Rs Rs Sep-04 Nov-04 Jan-05 Mar-05 May-05 Jul-05 Sep-05 Nov-05 Jan-06 Mar-06 May-06 Jul-06 Sep-06 Nov-06 Jan-07 Mar-07 May-07 Jul-07 Sep-07 Nov-07 Jan-08 Mar-08 May-08 Aug-08 Long Term Floating Rate Plan Crisil Liquid Fund Index CAGR Long Term Floating Rate Plan: 6.92%; Benchmark : 6.15% Past performance may or may not be sustained in future. PTC Shriram Transport F % CPs, CDs and Term Deposits % Canara Bank Ltd P % Cash, CBLO & Reverse Repo % Other Current Assets % Total Net Assets 4, Top Five Holdings *Please refer to annexure on Pass Through Certificates Details for complete details. Performance Record *- Cumulative Option 9.00% 8.13% 7.32% 7.34% 6.92% 7.00% 6.68% 6.15% 5.00% 3.95% 3.89% 3.00% 1.00% Last 6 Months Last 1 year Last 3 years Since Inception Long Term Floating Rate Plan Crisil Liquid Fund Index *Returns >= 1 Year are CAGR, < 1 Year are Absolute. Benchmark is Crisil Liquid Fund Index. For computation of returns the allotment NAV has been taken as Rs Performance of Dividend Plan is subject to applicability of Dividend Distribution Tax. Past performance may or may not be sustained in future. 30-Aug-08 & 31-Aug-08 were non business days. Maturity Profile Quantitative Indicators: Other Current Assets 1-3 years 3-5 years 182 days - 1 year <182 days 1.36% 11.29% 14.22% 18.82% 54.30% Average Maturity : 0.89 Year Modified Duration : 0.82 Year Yield To Maturity : 9.44% % Floating Rate Assets : 52.53% Average days to reset : 0.25 Year Average maturity of fixed rate component : 0.18 Year Weighted average maturity : 0.22 Year % Unlisted Bonds : 0.24% Std Dev : Rating Profile Call,Current Assets and Reverse Repos 14.72% AA and Equivalent 27.40% AAA and Equivalent 57.88% **Averages calculated based on monthly expense ratios since Apr For schemes categorised as liquid/having predominantly liquid portfolio, the expense ratios shown are as on the last day of the month. 46

47 ANNEXURE I Pass Through Certificates Details Single Loan PTC Details Trust Details Originator Obligor Gurantee/ Underlying Security Rating BHARAT SEC TRUST Bank of America Shriram Transport Finance Company Exclusive charge on specific receivables with a minimum AA (ind) (SO) cover of 1.10x BRPL TRUST ABN AMRO Bank Bharti Realty Private Limited ABN Amro Bank India SBLC A1+ (SO) CAT SERIES XXXII/ XXXV HSBC Fullerton India Credit Corporation Limited Unsecured LAAA SO CAT SERIES XXXIV HSBC Indiabulls Financial Services Limited Secured by a first pari passu charge on all present and future P1+ (SO) book debts with a minimum asset cover of 1.25 times the Total Secured Debt CAT SERIES XXIII HSBC Power Finance Corporation Unsecured P1+ (SO) Collateralised Debt TRT SR 12 AXIS Bank Power Finance Corporation Unsecured P1+(SO) Collateralised Debt TRT SR 16 AXIS Bank LIC Housing Finance Limited Unsecured P1+(SO) Collateralised Debt TRT SR 17 AXIS Bank Patel Engineering Ltd PDCs for the principal and interest amount F1+(SO) Collateralised Debt TRT SR 18 AXIS Bank LIC Housing Finance Limited Unsecured P1+(SO) Collateralised Debt Trust Series 15 AXIS Bank LIC Housing Finance Limited Unsecured P1+(SO) Collateralised DEBT SR 22 AXIS Bank Indiabulls Financial Services Limited Pari Passu charge on the standard assets portfolio of assets P1+(SO) (INDI BULL) financed/ receivables with a cover of atleast 1 time. Collateralised Debt TRT SR 20 AXIS Bank Indiabulls Financial Services Limited Pari Passu charge on the standard assets portfolio of assets P1+(SO) financed/receivables with a cover of atleast 1 time. Collateralised Debt Trust Series IV AXIS Bank Power Finance Corporation Unsecured AAA (SO) CORP L SEC SR60 Kotak Mahindra LIC Housing Finance Limited Unsecured AAA (SO) Bank Limited Corporate Loan Securitisation Kotak Mahindra Power Finance Corporation Unsecured AAA (SO) A1 Srs XXXX Trust Bank Limited CRDT AST TRST SR XIX HSBC Indiabulls Financial Services Limited Unsecured F1+ (ind) (SO) CREDIT ASS. SRS XLII/ XLIII/XLIV HSBC Thomas Cook (India) Limited Unsecured P1+ (SO) CREDIT ASSET TSERXIV HSBC Indiabulls Financial Services Limited Unsecured F1+ (ind) (SO) (INDIA BULLS) DAS Trust Series III ( DLF ) Standard Chartered DLF Limited Corporate Guarantee executed in favour of the Security A+ (SO) Bank Trustee Mortgage by deposit of title deeds in favour of Security Trustee in respect of property situated in DLF city, Phase V, Gurgaon, Haryana amounting to total asset cover of 1.75 times of the loan ELECTRO STEEL CASTING GE Capital Services Electrosteel Castings Limited The loan is secured by the hypothecation of moveable fixed A1+(SO) (GTL TRUST) India assets of the Borrower.Asset cover of 1 time the loan amount GECSI (STFL PTC) GE Capital Services Shriram Transport Finance Company Limited secured by the hypothecation of specific existingloan assets AA ind(so) India (book debts) of the Borrower ICL Securitisation Trust YES Bank Limited Indiabulls Financial Services Limited Primary pari passu charge on the standard assets portfolio of P1+(SO) SRS LXIII assets financed / receivables with a cover of 1.10 times ICLST - SER LXI NSE MIBOR+8.00 YES Bank LIC Housing Finance Limited Unsecured AAA(SO) (MD 14-Jun-2009) ICLST - SERIES XLI (BHW HF) YES Bank BHW Home Finance Unsecured P1+(SO) ICLST Series LIV YES Bank Infrastructure Leasing & Financial Unsecured A1+(SO) Services Limited ICLST SERIES XLVII YES Bank Srei Infrastructure Finance Limited Unsecured FAA-(SO) Indian Corporate Loan YES Bank Power Finance Corporation Unsecured P1+(SO) Securitisation Trust -Series XXXIX Indian Corporate Loan Securt YES Bank TATA MOTORS FINANCE LTD Unsecured AA+(SO) Trust Srs XXXV (FORMERLY TML FIN SER LTD) KBA LOAN TRUST SR GE Capital Services Srei Infrastructure Finance Limited Unsecured AA- (SO)(Ind) India KCS LOAN TRUST GE Capital Services Srei Infrastructure Finance Limited Unsecured A1+(SO) India KES Loan Trust ( DLF ) GE Capital Services DLF Limited Equitable Mortgage by Guarantor of the land owned by Nilgiri A+(SO) India Cultivators Private Limited of the land in Phase V, DLF City, Gurgaon to the tune of 1.75x asset cover, Corporate Guarantees from Nilgiri Cultivations Private Limited and Demand promissory note KFP LOAN TRUST GE Capital Services Indiabulls Financial Services Limited Hypothecation of the assets by the Borrower, on a first pari- P1+(SO) India passu basis, in favour of the Security Trustee & Demand Promissory Note for the full Facility amount maintaining \an asset cover of 1.10 times KPI LOAN TRUST SER A2 GE Capital Services Srei Infrastructure Finance Limited Unsecured AA- (SO) (SREI INT) India KSP LOAN TRS SR A1 GE Capital Services Srei Infrastructure Finance Limited Unsecured PR1+ India LIGHT TRUST SER-I Standard Chartered Power Finance Corporation Unsecured A1+ (so) (PFC PTC NSE MIBOR+6%) Bank (MD 18-Jul-2008) LOAN RECEIVABLE TRUST Citicorp Finance India Indiabulls Financial Services Limited Unsecured P1+(so) SEP07 SR A2 (INDIA BULLS) Limited RB LOAN TRUST SER XV Standard Chartered Power Finance Corporation Unsecured AAA (so) Bank RB LOAN TRUST SR XIV Standard Chartered Indiabulls Financial Services Limited Primary pari passu charge on the standard assets portfolio of P1+(SO) Bank assets financed / receivables with a cover of 1.10 times SHRIRAM TRANSPORT FIN AXIS Bank Shriram Transport Finance Company PDCs for the principal repayment AA(SO) CO.PTC A1(ILFS) SHRIRAM TRANSPORT LRT Citicorp Capital Shriram Transport Finance Company Secured by hypothecation of book debts AA(Ind) SO Markets Limited UBL Trust -Series 55 DSP Merrill Lynch DLF Limited First priority mortgage in favour of the Security Trustee over AA(SO) Capital Limited the property forming part of the Mall of India Project ( Mall of India ) owned by DLF VPT TRUST A2 Standard Chartered Shriram Transport Finance Company Unsecured AA(SO) Bank 47

48 Single Loan PTC Details Trust Details Originator Obligor Gurantee/ Underlying Security Rating VPT TRUST II Standard Chartered Shriram Transport Finance Company Unsecured AA (ind) (so) Bank VPT TRUSTSER A1 Standard Chartered Shriram Transport Finance Company Unsecured AA (ind) (so) Bank Corporate Debt Trust Series 2 AXIS Bank Idea Cellular Ltd Unsecured P1+(SO) Corporate Debt Trust Series 4 AXIS Bank Hindustan Petroleum Corporation Ltd. Unsecured P1+(SO) Indian Corporate Loan Securitisation Trust Series 14 YES Bank Hindustan Petroleum Corporation Ltd. Unsecured P1+(SO) Indian Corporate Loan Securitisation Trust Series 15 YES Bank Bharat Petroleum Corporation Limited Unsecured P1+(SO) Indian Corporate Loan Securitisation Trust Series 16 YES Bank Hindustan Petroleum Corporation Ltd. Unsecured P1+(SO) Corporate Debt Trust Series 5 AXIS Bank LIC Housing Finance Ltd Unsecured AAA(SO) UBL TRUST SR62-A DSP Merrill Lynch Idea Cellular Limited Unsecured P1+(SO) NSE Capital Limited UBL TRUST SR62-B DSP Merrill Lynch Idea Cellular Limited Unsecured P1+(SO) NSE Capital Limited CORP DEBT SECT A08 A1 AXIS Bank Limited Bajaj Auto Finance Limited Unsecured AA+(SO) CORP DEBT SECT A08 A2 AXIS Bank Limited Bajaj Auto Finance Limited Unsecured AA+(SO) ICL SEC TRUST 08 SR22 A1 YES BANK Limited BHW Home Finance Limited Unsecured A1+(SO)ICRA ICL SEC TRUST 08 SR22 A2 YES BANK Limited BHW Home Finance Limited Unsecured A1+(SO)ICRA RB LOAN TRUST SR22 A2(IO) Standard Chartered Bennett, Coleman & Co. Ltd. ( BCCL ) Unsecured P1+(SO) Bank RB LOAN TRUST SR22 A3(PO) Standard Chartered Bennett, Coleman & Co. Ltd. ( BCCL ) Unsecured P1+(SO) Bank CORP DEBT TRS 8-9 SR10 A1OPT-I AXIS Bank Suzlon Energy Limited Unsecured P1+(SO)CRISIL CORP DEBT TRS 8-9 SR10 A2OPT-I AXIS Bank Suzlon Energy Limited Unsecured P1+(SO)CRISIL ICLST NSE MIBOR SR33 A8 YES BANK L&T FINANCE LTD Unsecured PR1+(SO)CARE ICLST NSE MIBOR SR33 A9 YES BANK L&T FINANCE LTD Unsecured PR1+(SO)CARE PSE LOAN TRUST SR A1 OPT A. YES BANK HPCL Unsecured A1+(SO)ICRA ICLST Sr 35 - A1 YES BANK L&T FINANCE LTD Unsecured A1+(SO)ICRA ICLST 2008 Sr 35 A2 YES BANK L&T FINANCE LTD Unsecured A1+(SO)ICRA ICLST 2008 SR34 A1 YES BANK HPCL Unsecured F1+(SO)FITCH ICLST 2008 SR34 A2 YES BANK HPCL Unsecured F1+(SO)FITCH VEL Trust Series IX - Note 1 ABN AMRO BANK N.V. Vodafone Essar Ltd. Unsecured A1+(SO)ICRA VEL Trust Series IX (Note 2) ABN AMRO BANK N.V. Vodafone Essar LLtd. Unsecured A1+(SO)ICRA VEL Trust Series IX (Note 3) ABN AMRO BANK N.V. Vodafone Essar Ltd. Unsecured A1+(SO)ICRA VEL Trust Series IX (Note 4) ABN AMRO BANK N.V. Vodafone Essar Ltd. Unsecured A1+(SO)ICRA VEL Trust Series IX (Note 5) ABN AMRO BANK N.V. Vodafone Essar Ltd. Unsecured A1+(SO)ICRA VEL Trust Series IX (Note 6) ABN AMRO BANK N.V. Vodafone Essar Ltd. Unsecured A1+(SO)ICRA VEL Trust Series IX (Note 7) ABN AMRO BANK N.V. Vodafone Essar Ltd. Unsecured A1+(SO)ICRA VEL Trust Series IX (Note 8) ABN AMRO BANK N.V. Vodafone Essar Ltd. Unsecured A1+(SO)ICRA PSE LOAN TRUST SR.A1 OPT-A GE Capital Services India Srei Equipment Finance Private Limited Unsecured A1+(SO)ICRA POOL PTC Details Trust Details Originator Obligor Type of Pool Rating Auto Securitisation Trust - TML Financial TML Financial Services Limited Tata Motors Finance Limited - CV/ Auto Pool AAA SO MIXPOOL Services Limited BHPC Auto Securitisation Trust TATA Motors Limitd TATA Motors Limited Tata Motors Ltd. CV/ Construction Equipments/ Auto Pool AAA SO FLEET TRUST Citicorp Finance Citicorp Finance Citicorp Finance (India) Ltd. - CV & Constn equipment pool AAA SO TVSF REC SEC TRUST CITIBANK TVS Finance and Services Ltd. TVS Finance and Services Ltd. Two Wheeler Pool AAA (ind) (so) 48

49 Dividend History ICICI Prudential Liquid Plan - Weekly Dividend Option Record Date Face Value (Rs) NAV (Rs) Dividend (Rs.)/Unit 02-Jun Jun Jun Jun Jun Jul Jul Jul Jul Aug Aug Aug Aug ICICI Prudential Liquid Plan - Monthly Dividend Option Record Date Face Value (Rs) NAV (Rs) Dividend (Rs.)/Unit 30-Jun Jul Aug ICICI Prudential Liquid Plan - Quarterly Dividend Option Record Date Face Value (Rs) NAV (Rs) Dividend (Rs.)/Unit 27-Dec Mar Jun ICICI Prudential Liquid Plan - Half Yearly Dividend Option Record Date Face Value (Rs) NAV (Rs) Dividend (Rs.)/Unit 29-Mar Sep Mar Dividend is gross dividend. To arrive at the net dividend payable for corporate and non-corporate investors dividend distribution 28.32% and % needs to be adjusted respectively. Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of payout and distribution taxes if applicable. ICICI Prudential Income Plan - Quarterly Dividend Option Record Date Face Value (Rs) NAV (Rs) Dividend (Rs.)/Unit 31-Dec Mar Jun ICICI Prudential Income Plan - Half Yearly Dividend Option Record Date Face Value (Rs) NAV (Rs) Dividend (Rs.)/Unit 29-Sep Mar Sep Mar Dividend is gross dividend. To arrive at the net dividend payable for corporate and noncorporate investors dividend distribution 22.44% and % needs to be adjusted respectively. Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of payout and distribution taxes if applicable. ICICI Prudential Short Term Plan - Fortnightly Dividend Option Record Date Face Value (Rs) NAV (Rs) Dividend (Rs.)/Unit 16-Jun Jun Jul Jul Aug Aug ICICI Prudential Short Term Plan - Monthly Dividend Option Record Date Face Value (Rs) NAV (Rs) Dividend (Rs.)/Unit 30-Jun Jul Aug Dividend is gross dividend. To arrive at the net dividend payable for corporate and noncorporate investors dividend distribution 22.44% and % needs to be adjusted respectively.past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of payout and distribution taxes if applicable. ICICI Prudential Sweep Plan - Cash Option - Monthly Dividend Record Date Face Value (Rs) NAV (Rs) Dividend (Rs.)/Unit 30-Jun Jul Aug ICICI Prudential Sweep Plan - Cash Option - Weekly Dividend Record Date Face Value (Rs) NAV (Rs) Dividend (Rs.)/Unit 04-Aug Aug Aug Aug Dividend is gross dividend. To arrive at the net dividend payable for corporate and noncorporate investors dividend distribution 28.32% and % needs to be adjusted respectively. Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of payout and distribution taxes if applicable. ICICI Prudential Gilt Fund - Investment Plan - Half Yearly Dividend Option 30-Nov May Nov May ICICI Prudential Gilt Fund - Treasury Plan - Quarterly Dividend Option 27-Feb May Aug ICICI Prudential Gilt Fund - Treasury Plan - Half Yearly Dividend Option 30-Nov May Nov May Dividend is gross dividend. To arrive at the net dividend payable for corporate and non-corporate investors dividend distribution 22.44% and % needs to be adjusted respectively. Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of payout. ICICI Prudential FMP Series 38-1 Year Plan D - Retail Dividend Option 31-Dec Mar Jun ICICI Prudential FMP Series 38-1 Year Plan D - Institutional Dividend 30-Dec Mar Jun ICICI Prudential FMP Series 38-2 Years Plan-Retail Dividend 30-Jun Jul Aug ICICI Prudential FMP Series 38-1 Year Plan A - Retail Dividend Option 22-May ICICI Prudential FMP Series 38-1 Year Plan A - Institutional Dividend 22-May ICICI Prudential FMP Series 39-3 Months Plan A - Retail Dividend 20-Dec ICICI Prudential FMP Series Months Plan B-Retail Dividend 29-May Jul Aug ICICI Prudential FMP Series Weeks Plan A - Retail Dividend 27-Mar Apr ICICI Prudential FMP Series 39-3 Mths Plan B - Retail Dividend 02-Apr ICICI Prudential FMP Series 39-3 Mths Plan C - Retail Dividend 07-Apr ICICI Pru FMP Series 38-1 Year Plan B-Retail Dividend 30-Jul ICICI Pru FMP series 43-3 Months Plus Plan - Retail Dividend 21-Jul ICICI Pru FMP Series 44 1 Month Plan A - Retail Dividend 10-Jul Jul ICICI Pru FMP Series 44 1 Month Plan B - Retail Dividend 21-Jul ICICI Pru FMP - Series 44 1 Month Plan C - Retail Dividend 28-Jul ICICI Prudential FMP Series Months Plan A - Retail Dividend Option 30-Jun Jul Aug ICICI Pru FMP - Series 44 1 Month Plan D - Retail Dividend 11-Aug ICICI Pru FMP - Series 44 3 Month Plan A - Retail Dividend 28-Aug

50 Dividend History ICICI Prudential FMP Series Months Plan B - Retail Dividend Option 30-Jun Jul Aug ICICI Prudential FMP Series 39-6 Months Plan A - Retail Dividend 27-Mar Jun ICICI Prudential FMP Series 39-3 Months Plan B - Retail Dividend 27-Mar ICICI Prudential FMP Series Months Plan - Institutional Dividend 27-Mar Jun ICICI Prudential FMP Series Months Plan B - Institutional Dividend 27-Mar Jun ICICI Prudential FMP Series Months Plan - Retail Dividend 27-Mar Jun ICICI Prudential FMP Series 42-3 Months Plan A - Retail Dividend 27-Mar May Dividend is gross dividend. To arrive at the net dividend payable for corporate and noncorporate investors dividend distribution 22.44% and % needs to be adjusted respectively. Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of payout and distribution taxes if applicable. ICICI Prudential Monthly Interval Plan I - Retail Dividend Option 12-Jun Jul Aug ICICI Prudential Quarterly Interval Plan I - Retail Dividend Option 27-Mar May Aug ICICI Prudential Quarterly Interval Plan II - Retail Dividend Option 17-Dec Mar Jun ICICI Prudential Interval Fund II - Quarterly Interval Plan A - Retail Dividend 24-Jan Apr Jul ICICI Prudential Interval Fund II - Quarterly Interval Plan B - Retail Dividend 27-Mar May Aug ICICI Prudential Interval Fund II - Quarterly Interval Plan C - Retail Dividend 23-May Jun Aug ICICI Prudential Quarterly Interval Plan III - Retail Dividend Option 15-Jan Apr Jul ICICI Prudential Interval Fund II - Quarterly Interval Plan D - Retail Dividend 05-Mar Jun ICICI Prudential Interval Fund II - Quarterly Interval Plan E - Retail Dividend 13-Mar Jun ICICI Prudential Interval Fund - Annual Interval Plan II - Institutional Dividend 27-Mar Jun ICICI Prudential Interval Half Yearly Plan I - Retail Dividend 15-Apr ICICI Prudential Interval Half Yearly Plan II - Retail Dividend 07-May ICICI Prudential Interval Fund - Annual Interval Plan I - Retail Dividend 21-Aug ICICI Prudential Interval III - Monthly Interval Plan - Retail Dividend 28-Aug Aug ICICI Prudential Interval Fund - Annual Interval Plan II - Retail Dividend 27-Mar Jun ICICI Prudential Interval Fund II - Quarterly Interval Plan F - Retail Dividend 27-Mar Jun Dividend is gross dividend. To arrive at the net dividend payable for corporate and noncorporate investors dividend distribution 22.44% and % needs to be adjusted respectively. Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of payout and distribution taxes if applicable. ICICI Prudential Long Term Floating Rate Plan A - Monthly Dividend Option 30-Jun Jul Aug ICICI Prudential Long Term Floating Rate Plan B - Monthly Dividend Option 30-Jun Jul Aug ICICI Prudential Long Term Floating Rate Plan C - Monthly Dividend Option 28-Apr Dividend is gross dividend. To arrive at the net dividend payable for corporate and noncorporate investors dividend distribution 22.44% and % needs to be adjusted respectively. Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of payout and distribution taxes if applicable. ICICI Prudential Equity & Derivatives Fund-Income Optimiser Plan- Institutional Dividend Option 12-Sep Jun ICICI Prudential Equity & Derivatives Fund-Income Optimiser Plan- Retail Dividend Option 12-Sep Jun ICICI Prudential Equity & Derivatives Fund-Wealth Optimiser Plan- Retail Dividend Option 18-Sep Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of dividend payout and statutory levy, if any ICICI Prudential Blended Plan A - Dividend Option 26-Oct Jun Apr Sep Jun ICICI Prudential Blended Plan B - Dividend Option 26-Oct Jun Sep Dividend is gross dividend. To arrive at the net dividend payable for corporate and noncorporate investors dividend distribution 22.44% and % needs to be adjusted respectively. Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of payout and distribution taxes if applicable. ICICI Prudential Monthly Income Plan** - Monthly Dividend Option 30-Jun Jul Aug ICICI Prudential Monthly Income Plan** - Quarterly Dividend Option 27-Feb May Aug ICICI Prudential Monthly Income Plan** - Half Yearly Dividend Option 28-Feb Aug Feb Aug Dividend is gross dividend. To arrive at the net dividend payable for corporate and non-corporate investors dividend distribution 22.44% and % needs to be adjusted respectively. Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of payout and distribution taxes if applicable. **An open-ended fund. Monthly income is not assured and is subject to the availability of distributable surplus. 50

51 Dividend History ICICI Prudential Floating Rate Plan - Plan A - Fortnightly Dividend Option 15-Jul Jul Aug Aug ICICI Prudential Floating Rate Plan - Plan B - Fortnightly Dividend Option 15-Jul Jul Aug Aug ICICI Prudential Floating Rate Plan - Plan C - Fortnightly Dividend Option 15-Jul Jul Aug Aug ICICI Prudential Floating Rate Plan - Plan D - Fortnightly Dividend Option 16-Jun Jul Dividend is gross dividend. To arrive at the net dividend payable for corporate and non-corporate investors dividend distribution 22.44% and % needs to be adjusted respectively. Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of payout and distribution taxes if applicable. ICICI Prudential Long Term Plan - Weekly Dividend Option 05-Aug Aug Aug Aug Dividend is gross dividend. To arrive at the net dividend payable for corporate and noncorporate investors dividend distribution 22.44% and % needs to be adjusted respectively. Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of payout and distribution taxes if applicable. ICICI Prudential Flexible Income Plan - Weekly Dividend Option 04-Aug Aug Aug Aug Dividend is gross dividend. To arrive at the net dividend payable for corporate and noncorporate investors dividend distribution 22.44% and % needs to be adjusted respectively. Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of payout and distribution taxes if applicable. ICICI Prudential Income Multiplier Fund - Monthly Dividend Option 30-Jun Jul Aug Dividend is gross dividend. To arrive at the net dividend payable for corporate and noncorporate investors dividend distribution 22.44% and % needs to be adjusted respectively. Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of payout and distribution taxes if applicable. ICICI Prudential Fusion Fund - Dividend 14-Dec Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of dividend payout and statutory levy, if any ICICI Prudential Fusion Fund Series-II - Retail Dividend Plan 14-Dec Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of dividend payout and statutory levy, if any ICICI Prudential Services Industries Fund - Dividend 11-May Nov May Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of dividend payout and statutory levy, if any ICICI Prudential Balanced Fund - Dividend Option 30-Oct Mar Dec Sep Mar Sep Mar Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of dividend payout and statutory levy, if any ICICI Prudential Infrastructure fund - Dividend 20-Mar Sep Mar Sep Nov Mar Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of dividend payout and statutory levy, if any ICICI Prudential Discovery Fund - Dividend Option 05-Apr Oct Mar Nov Jun Dec Jun Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of dividend payout and statutory levy, if any ICICI Prudential Emerging S.T.A.R. Fund - Dividend Option 19-Jul May Jan Jul Jan Jul Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of dividend payout and statutory levy, if any ICICI Prudential Dynamic Fund - Dividend Option 21-Sep Apr Feb Aug Feb Aug Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of dividend payout and statutory levy, if any ICICI Prudential Growth Plan - Dividend Option 01-Mar Mar Jul Nov Mar Mar Mar Dec Jun Dec Jun Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of dividend payout and statutory levy, if any ICICI Prudential Power - Dividend Option 24-Jul Oct Dec Mar Mar Dec Aug Mar Sep Mar Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of dividend payout and statutory levy, if any ICICI Prudential FMCG Fund - Dividend Option 16-Mar Mar Jan Jul Feb Aug Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of dividend payout and statutory levy, if any ICICI Prudential Tax Plan - Dividend Option 16-Mar Jul Mar Dec Aug Mar Nov Feb Aug Jan Jul Past performance may or may not be sustained in future. After payment of dividend the NAV will fall to the extent of dividend payout and statutory levy, if any 51

52 Funds at a glance Key Features Liquid Plan Income Plan Short Term Plan Floating Rate Plan Long Term Floating Rate Plan Type Open-ended Liquid Income Fund Open-ended Debt Fund Open-ended Income Fund Open-ended Income Fund Open-ended Income Fund Investment Pattern (Under normal circumstances) Money Market upto 80% & Debt Instruments upto 20% Debt Securities upto 75% & Money Market & Cash upto 25% Debt Securities upto 100% & Money Market & Cash upto 50% % = Floating Rate Debt Instruments. 0-35% = Fixed rate debt instruments % = Floating Rate Debt Instruments. 0-35% = Fixed rate debt instruments Options 1. Growth Option 2. Dividend Option a) Dividend Payout Quarterly & Half Yearly b) Div. Reinvestment i) Daily, Weekly & Monthly ii) Quarterly & Half Yearly 1. Growth 2. Growth-AEP (Appreciation & Regular) 3. Dividend^ (Quarterly & Half Yearly) 1. Cumulative 2. Dividend Reinvestment (Fortnightly & Monthly) 1. Cumulative 2. Div. Reinvestment (Fortnightly & Daily frequencies) 1. Cumulative 2. Div. Reinvestment (Quarterly) Default Option Institutional option / Super Institutional option Dividend Reinvestment with Half Yearly frequency. Dividend Reinvestment with Fortnightly frequency. Option: Plan A Sub option: Cumulative Option: Plan A Sub option: Cumulative Dividend: Automatic Reinvestment Application Amount ### a) Growth option : Rs.15,000 b) Institutional option: Rs. 1 cr c) Institutional Plus option: Rs. 3 crs d) Super Institutional Growth option: Rs. 5 crs (plus in multiples of Re.1) Rs. 5,000 (plus in multiples of Re. 1) Rs.25,000 for AEP Rs.5,000 (plus in multiples of Re. 1) Rs.25,000 for Institutional option (plus in multiples of Re.1) a) Plan-A: Rs 10,000/- b) Plan-B: Rs.10 lacs c) Plan-C: Rs.3 crores d) Plan-D: Rs.5 crores (plus in multiples of Re.1) a) Plan-A: Rs 25,000/- b) Plan-B: Rs.1 crore c) Plan-C: Rs.5 crores (plus in multiples of Re.1) Min. Addl. Investment ### a) Growth option : Rs.5,000 b) Institutional option: Rs. 1 lac c) Institutional Plus option: Rs. 1 lac d) Super Institutional Growth option: Rs. 1 lac (plus in multiples of Re.1) Rs. 500 & in multiples thereof Rs. 500 & in multiples thereof Plans A & B: Rs.1000 plus in multiples of Re.1 Plan C: The minimum additional investment amount can be any amount provided the minimum balance in the investors account at the time of additional subscription including the amount proposed to be invested, is not below Rs. 5 Crore****. Plan D: Rs.1 lac. Plans A & B: Rs.1000 (plus in multiples of Re1) Plan C: The minimum additional investment amount can be any amount provided the minimum balance in the investors account at the time of additional subscription including the amount proposed to be invested, is not below Rs. 5 Crore****. Entry Load * ^^ Nil Nil Nil Plan-A, B, C & D: Nil Plan-A, B & C : Nil Exit Load on Applicable NAV* $$$ Nil For investment of less than or upto Rs.10 lacs : 0.5% if investment held for less than or equal to a period of 6 months. For investment of above Rs.10 lacs: Nil. For investment made on or after 1-Mar-08 Nil Plan-A, B, C & D: For all Plan-A: 0.50% for investments of investments made on or after April less than or equal to Rs. 1 Crore 24, 2007, an exit load of 0.25% of and redemption is made on or the applicable NAV if the before the completion of six redumption/switch-out is made months from the date of allotment within 10 days from the date of of units. investment. (See foot note #1) Plan B & Plan C: Nil Redemption Cheques Issued ## Generally within 1 Business Day for specified RBI locations and additional 3 Business Days for Non-RBI locations. Generally within 1 Business Day for specified RBI locations and additional 3 Business Days for Non- RBI locations Generally within 1 Business Day for specified RBI locations and additional 3 Business Days for Non- RBI locations Generally Within 1 business day for Specified RBI locations and additional 3 Business Days for Non-RBI locations. Generally Within 1 business day for Specified RBI locations and additional 3 Business Days for Non- RBI locations. Min. Redemption Amt. Rs. 5,000 Rs. 500 Rs. 500 Rs. 500/- and multiples thereof Rs. 5,000/- and in multiples thereof; provided that minimum balance under a particular folio should not fall below the minumum application amount. This will not be applicable for closing the account. Cut off time: Purchase/Switch in Redemption/Switch out $ noon Systematic Investment Plan (SIP) N.A. Monthly: Minimum Rs. 1, post-dated cheques for a minimum of Rs. 1,000 each. Not Available Not Available Not Available ***** Systematic Withdrawal Plan (SWP) N.A. Minimum of Rs. 500 and in multiples of Re. 1/- Not Available Not Available Not Available Systematic Transfer Plan (STP) $$ Available Available Available Available Available Actual Recurring Expenses for the previous financial year ended March 31, 2008 (% of NAV) 1.19% 2.12% 1.10% Plan A Plan B Plan C Plan D 1.17% 0.94% 0.84% 0.66% Plan A Plan B Plan C 1.25% 0.85% 0.75% * The Trustees reserves the right to change/modify the load structure at a later date for the Schemes. *** Entry load of 2.25% of the applicable NAV will be charged on the SIP/STP investment under this Scheme. Exit Load on the SIP/STP Invesment under this Scheme is Nil. For all new applications through SIP facility under ICICI Prudential Dynamic Plan, ICICI Prudential Emerging S.T.A.R. (Stocks Targeted At Returns) Fund & ICICI Prudential Infrastructure Fund w.e.f. May 15, 2008, an exit load at the rate of 1% of the applicable NAV will be charged if the 52

53 Funds at a glance Key Features Gilt - Treasury Gilt - Investment Gilt - Treasury PF Option Gilt - Investment PF Option Flexible Income Plan Type Open-ended short-term Gilt Fund Open-ended medium-term Gilt Fund Open-ended Gilt Fund Open-ended Gilt Fund Open-ended Income Fund Investment Pattern (Under normal circumstances) Gilt Securities (incl. Treasury Bills). Average Maturity normally not to exceed 3 years. Gilt Securities (incl. Treasury Bills). Average Maturity normally not to exceed 8 years. Gilt Securities (incl. Treasury Bills). Average Maturity normally not to exceed 3 years. Gilt Securities (incl. Treasury Bills). Average Maturity normally not to exceed 8 years. 10 to 100% - Money market and Debentures with residual maturity of less than 1 year. 0 to 90% - Debt instruments with maturity more than 1 year Options 1. Growth 2. Growth-AEP 3. Dividend Æ (Quarterly & Half Yearly) 1. Growth 2. Growth-AEP 3. Dividend (Half Yearly) 1. Growth 2. Growth-AEP (Monthly, Quarterly, Half Yearly & Yearly) 1. Growth 2. Growth-AEP (Monthly, Quarterly, Half Yearly & Yearly) 1. Cumulative 2. Dividend Reinvestment (Daily & Weekly Frequencies) 3. Dividend Payout (Weekly) Æ Æ Default Option Dividend Reinvestment with Quarterly frequency. Dividend Reinvestment with Half Yearly frequency. Cumulative option Cumulative option Dividend Reinvestment with daily frequency. Application Amount ### Rs.25,000 (plus in multiples of Re. 1) Rs.25,000 (plus in multiples of Re. 1) Rs.25,000 (plus in multiples of Re. 1) Rs.25,000 (plus in multiples of Re. 1) Rs.5,000 (plus in multiples of Re. 1) Min. Addl. Investment ### Rs. 5,000 & in multiples thereof Rs. 5,000 & in multiples thereof Rs. 5,000 & in multiples thereof Rs. 5,000 & in multiples thereof Rs. 500 & in multiples thereof Entry Load* ^^ Nil Nil Nil Nil Nil Exit Load* $$$ Nil Nil 0.80% of applicable NAV in case the amount sought to be redeemed is not being invested under the Plan for a minimum period of 365 days. Exit Load is NIL if the amount is invested for more than 365 days. 0.60% of applicable NAV in case the amount sought to be redeemed is not being invested under the Plan for a minimum period of 365 days. Investment made on or after March 28, % of the applicable NAV, if the redemption/switch-out is made within 10 days from the date of investment. For all the investments made on or after June 5, 2008, 0.25% of the applicable NAV if the redemption/switch-out is made within 7 days from the date of allotment. (See foot note # 1) Redemption Cheques Issued ## Generally within 1 Business Day for specified RBI locations and additional 3 Business Days for Non- RBI locations Generally within 1 Business Day for specified RBI locations and additional 3 Business Days for Non- RBI locations Generally within 1 Business Day for specified RBI locations and additional 3 Business Days for Non- RBI locations Generally within 1 Business Day for specified RBI locations and additional 3 Business Days for Non- RBI locations Generally within 1 Business Day for specified RBI locations and additional 3 Business Days for Non- RBI locations Min. Redemption Amt. Rs. 5,000 Rs. 5,000 Rs. 5,000 Rs. 5,000 Rs. 500 Cut off time: Purchase/Switch in Redemption/Switch out $ Systematic Investment Plan (SIP) Not Available Not Available Not Available Not Available Monthly: Minimum Rs. 1, post-dated cheques for a minimum of Rs. 1,000 each ***** (See foot note # 1) Systematic Withdrawal Plan (SWP) Not Available Not Available Not Available Not Available Minimum of Rs. 500 and multiples of Re. 1/- Systematic Transfer Plan (STP) $$ Available Available Not Available Not Available Available Actual Recurring Expenses for the previous financial year ended March 31, 2008 (% of NAV) 1.10% 1.15% 1.50% 1.10% 0.51% redemption/switch-out is made within 12 months from the date of allotment of units. *****For SIP/STP investment under this Scheme: Entry Load Nil, Exit Load Nil. For all the investments made under ICICI Prudential Floating Rate Plan on or after June 5, 2008, an exit load of 0.25% of the applicable NAV will be charged, if the redemption/switch-out is made within 7 days from the date of allotment. ^ Under the Dividend Option, the Unit-holder may choose between Dividend Payout and Reinvestment Option. If not chosen, Default Option would be Dividend Payout. $ For all web-based transactions under the schemes of ICICI Prudential Mutual Fund, entered through the website of the fund viz. there would be a cooling off period of 30 minutes before the respective cut-off times of the relevant schemes. ### In case of all purchase transactions including additional purchase requests under all schemes except ICICI Prudential Liquid Plan, the AMC reserves the right to reject/reverse the transaction, if an amount of Rs. 1 Lakh and above is received by way of MICR cheques at the centers where high value clearing is available. In case of ICICI Prudential Index Fund, all the transaction for Fresh/Additional purchases for a consideration of Rs.One lakh and above will be accepted only through High Value Cheques/Demand Drafts received before the cut-off time of a.m. for clearing of High Value Instruments or through Transfer Cheques received before 1.00 p.m. Æ For dividend of Rs.500 or less the Dividend will be Automatic Compulsory Reinvestment (irrespective of the option selected by the Unitholder) & for Dividend of more than Rs.500 will either be paid out or reinvested as opted by the Unitholders, If not selected the default option would be dividend reinvestment. ÆÆ Dividend Payout facility under ICICI Prudential Flexible Income Plan will be available only where the amount of dividend is exceeding Rs. 1 Lakh and dividend frequency is Weekly. If the investor fails to specify the facility under dividend option, then dividend reinvestment facility shall be the default facility under the Scheme. ## As per the Regulations, the Fund shall dispatch redemption proceeds within 10 Business days of receiving the redemption request. Investors are advised to refer to the sections titled Suspension of sale and redemption of units and Right to limit Redemption. The default option for payment of redemption/dividend proceeds would be Direct Credit into their bank account (in case the investor has provided his bank mandate as one of the banks participating in direct credit arrangement and if he fails to specify the mode of payment). **** Minimum additional application amount shall be applicable for investments by an investor by itself or for investments along with any of its group companies. Later on even if the net asset value under the folio falls below Rs. 5 crores, the investment can continue under the Option C. The minimum additional application amount shall be applicable for investments by an investor by itself or for investments along with any of its group companies. Later on even if the net asset value under the folio below Rs. 5 cores, the investment can continue under the ICICI Prudential Floating Rate Plan-Plan D. $$$ Where as a result of a redemption / switch arising out of excess holding by an investor beyond 25% of the net assets of the scheme in the manner envisaged under specified SEBI circulars, such redemption / switch will not be subject to exit load. $$ The minimum amount that can be transferred from one scheme to another is Rs. 1000/- for a minimum of 6 installments. The unitholder can avail the STP facility for a maximum period of 10 Default option for ICICI Prudential Blended Plan is Plan B. Exit Load for fresh and additional purchases (including SIPs and STPs) made under ICICI Prudential Child Care Plan Gift and Study Option during September 15, 2006 to October 16, 53

54 Funds at a glance Key Features Type Investment Pattern (Under normal circumstances) Options Default Option Application Amount ### Min. Addl. Investment ### Entry Load* ^^ Exit Load* $$$ Redemption Cheques Issued ## Min. Redemption Amt. Cut off time: Purchase/Switch in Redemption/Switch out $ Systematic Investment Plan (SIP) Systematic Withdrawal Plan (SWP) Systematic Transfer Plan (STP) Actual Recurring Expenses for the previous financial year ended March 31, 2008 (% of NAV) Key Features Type Investment Pattern (Under normal circumstances) Options Default Option Application Amount ### Min. Addl. Investment ### Max. Amount Investment per application Entry Load* ^^ Exit Load* $$$ Redemption Cheques Issued ## Min. Redemption Amt. Cut off time: Purchase/Switch in Redemption/Switch out $ Systematic Investment Plan (SIP) Systematic Withdrawal Plan (SWP) Systematic Transfer Plan (STP) $$ Actual Recurring Expenses for the previous financial year ended March 31, 2008 (% of NAV) Long Term Plan Open-ended Income Fund Debt Instruments - 0% to 100% & Money Market instruments - 0% to 10% 1. Cumulative 2. Dividend (Weekly) Dividend Reinvestment Rs. 5,000 (plus in multiples of Re.1) Rs. 500/- & in multilples thereof Nil Nil Generally within 1 Business Day for specified RBI locations and additional 3 Business Days for Non-RBI locations. Rs. 500/- provided that minimum balance under a particular folio should not fall below Rs. 5,000 Monthly: Minimum Rs. 1, post-dated cheques for a minimum of Rs. 1,000 each. ***** Minimum of Rs. 500 and in multiples of Re. 1/- Not Available 0.44% Child Care Plan - Gift Open-ended fund (Gift Plan) Equity & Equity related securities 65% to 100%, Debt Securities, Money Market Instruments, Securitised Debt & Cash - 0% to 35%. Cumulative Option Cumulative Option Rs. 5,000/-, additional in multiples of Re.1 Rs.1,000/- Not Available 2.25% 1.00% if investment is redeemed within 3 years.nil if investment is redeemed after 3 years but before the Beneficiary Child attains the age of 18. Normally Within 3 business days Rs.1,000 Monthy : Minimum Rs post dated cheques for a min of Rs. 1,000/- each. Entry Load: 2.25% of applicable NAV Exit Load: 1.00% of applicale NAV if investment is redeemed within 3 years from the date of allotment, Nil thereafter. (Refer to foot note # 2) Minimum of Rs.500 and multiples of Re. 1/- Not available 2.22% Income Multiplier Fund Regular Plan An open-ended debt fund which invests upto 30% in equity. Equity & Equity Related Securities 0-30%, Debt instruments %, Cash & money market instruments 0-5%. 1. Cumulative 2. Dividend (Monthly) Dividend Reinvestment Rs.5,000 (plus in multiples of Re.1) Rs.500 & in multiples thereof Nil (i) 1% - For investments of less than Rs. 5 crores and if the investments are held for less than a period of 12 months; (ii) No Exit Load for investments of Rs. 5 crores and above. Generally within 1 Business Day for specified RBI locations and additional 3 Business Days for Non-RBI locations Rs.500 Monthly: Minimum Rs. 1, post-dated cheques for a minimum of Rs. 1,000 each. ***** Minimum of Rs.500 and multiples of Re. 1/- Available $$ 2.04% Balanced Fund Open-ended Balanced Fund Equity and Equity related instruments 65% to 80% & Debt, Money Market and Cash 20% to 35%. Growth & Dividend Dividend Reinvestment Rs. 5,000 (plus in multiples of Re. 1) Rs. 500 & in multiples thereof Not Available (i) For investment of less than Rs.5 Crores: 2.25% of applicable NAV; (ii) For investment of Rs.5 Crores & above: NIL Nil For investment made on or after 1-Mar-08 Generally within 3 Business Days for specified RBI locations and an additional of 3 Business Days for Non RBI locations Rs. 500 Monthly: Minimum Rs. 1, post-dated cheques for a minimum of Rs each *** 2.23% 54 Monthly Income Plan An open-ended fund. Monthly income is not assured and is subject to the availability of distributable surplus. Debt securities, money market instruments, securitised debt & Cash upto 85%, Equity & Equity related securities upto 15% 1. Cumulative 2. AEP (Appreciation & Regular) 3. Dividend (Monthly, Quarterly & Half Yearly) Dividend Reinvestment (Monthly) a) Cumulative : Rs.5,000 b) Dividend & AEP : Rs. 25,000 (plus multiples of Re 1) Rs.500 & in multiples thereof under each option Nil For investment of less than or upto Rs.10 lakhs: 0.5% if investment held for less than or equal to a period of 6 months For investment of above Rs.10 lakhs: Nil Generally within 1 Business Day for specified RBI locations and additional 3 Business Days for Non-RBI locations Rs.500 Dividend & AEP Option Monthly and Cumulative (without AEP) Option Monthly: Min. Rs. 1, post-dtd. cheques for a minimum of Rs. 1,000 each. ***** Minimum of Rs.500 and multiples of Re. 1/- Available $$ 1.95% Blended Plan - Open ended fund investing in a blend of equity, derivatives, debt and money market instruments. Equity and Equity Related securities 65%- 80%; Derivative including Index Futures, Stock Futures, Index Options and Stock Options etc. 0%-80%; Money Market, Debt instruments, securitised debt 20%-35%. Growth & Dividend Option - Growth Sub-option - Reinvestment Rs. 5,000 (plus in multiples of Re. 1) Rs. 1,000 & in multiples of Re.1/- Rs. 10 Crores per application Nil 0.50%, if the investment is redeemed within a period of 30 days from the date of allotment. Nil, if the investment is redeemed after 30 days from the date of allotment. Generally within 3 Business Days for specified RBI locations and an additional of 3 Business Days for Non RBI locations Rs. 500 and in multiples of Re.1/- Not available Minimum of Rs.500 and multiples of Re. 1/- Not available Available Not available 1.50% Child Care Plan - Study Open-ended fund (Study Plan) Equity and Equity related securities 0-25%, Debt Securities, Money Market Instruments, Securitised Debt and Cash % Cumulative Option Cumulative Option Rs. 5,000/-, additional in multiples of Re.1 Rs. 1,000/- & in multiples thereof 1.00% 1.00% if investment is redeemed within 3 years.nil if investment is redeemed after 3 years but before the Beneficiary Child attains the age of 18. Normally Within 3 business days Rs. 1,000 Monthy : Minimum Rs post dated cheques for a min of Rs. 1,000/- each. Entry Load: 1.00% of applicable NAV Exit Load: 1.00% of applicale NAV if investment is redeemed within 3 years from the date of allotment, Nil thereafter. Minimum of Rs.500 and multiples of Re. 1/- Available (from Study Plan to Gift Plan) 1.50% Blended Plan - Open ended fund investing in a blend of equity, derivatives, debt and money market instruments. Equity and Equity Related securities 0%- 49%; Derivative including Index Futures, Stock Futures, Index Options and Stock Options etc. 0%-49%; Money Market, Debt instruments, securitised debt 51%-100%. Growth & Dividend Option - Growth Sub-option - Reinvestment Rs. 5,000 (plus in multiples of Re. 1) Rs. 1,000 & in multiples of Re.1/- Not Available Nil 0.50%, if the investment is redeemed within a period of 30 days from the date of allotment. Nil, if the investment is redeemed after 30 days from the date of allotment. Generally within 1 Business Day for specified RBI locations and an additional of 3 Business Days for Non RBI locations Rs. 500 and in multiples of Re.1/- Not available Not available Not available 2006, the following will be applicable: 1.25% of the applicable NAV if redeemed on or before three years from the date of allotment. There will be no change in the exit load structure for all purchases, SIPs, STPs, Switch-ins made either before September 15, 2006 or after October 16, For all investments made under ICICI Prudential Power, ICICI Prudential Services Industries Fund and ICICI Prudential Equity & Derivatives Fund Wealth Optimiser Plan on and from August 01, 2007 (excluding investments made through Systematic Investment Plan and Systematic Transfer Plan facility) no Exit Load will be charged on redemption/ switch-out of such investments. Vide notice dated August 29, 2007, investments made on or after September 01, 2007 through SIP and STP facilities available under ICICI Prudential Dynamic Plan, ICICI Prudential Discovery Plan, ICICI Prudential Emerging S.T.A.R. (Stocks Targeted At Returns) Fund, ICICI Prudential Growth Plan, ICICI Prudential Power, 1.49%

55 Funds at a glance Key Features Growth Plan FMCG Fund Technology Fund Dynamic Plan Tax Plan Power Type Open-ended Equity Fund Open-ended FMCG Sectoral Fund Open-ended Equity Fund Open-ended Equity Fund Open-ended Equity Linked Saving Scheme Open-ended Growth Fund Investment Pattern (Under normal circumstances) Equity and Equity related instruments upto 95% & Debt, Money Market and Cash upto 5% Equity and Equity related instruments in FMCG Companies upto 90% in & Debt, Money Market and Cash upto 10% Equity and Equity related instruments 90 to 95% & Debt, Money Market and Cash 5 to 10% Equity and Equity related instruments 0 to 100% & Debt, Money Market and Cash 0 to 100% Equity and Equity related instruments upto 90% & Debt, Money Market and Cash upto 10% Equity and Equity related securities including non convertible portion of convertible debentures - Upto 95% and at least 5% in Debt and Money Market securities. Options Growth & Dividend Growth & Dividend Growth & Dividend Cumulative & Dividend Growth & Dividend Cumulative & Dividend Default Option Dividend Reinvestment Dividend Reinvestment Dividend Reinvestment Dividend Reinvestment Dividend Reinvestment Dividend Reinvestment Application Amount ### Rs. 5,000 (plus in multiples of Re.1) Rs. 5,000 (plus in multiples of Re.1) Rs. 5,000 (plus in multiples of Re.1) Rs. 5,000 (plus in multiples of Re.1) Rs. 500 (plus in multiples of Re. 1) Rs. 5,000 (plus in multiples of Re.1) Min. Addl. Investment ### Rs. 500 & in multiples thereof Rs. 500 & in multiples thereof Rs. 500 & in multiples thereof Rs. 500 & in multiples thereof Rs. 500 & in multiples thereof Rs. 500 & in multiples thereof Entry Load* ^^ (i) For investment of less than Rs.5 Crores: 2.25% of applicable NAV; (ii) For investment of Rs.5 Crores & above: NIL (i) For investment of less than Rs.5 Crores : 2.25% of applicable NAV; (ii) For investment of Rs.5 Crores & above: NIL (i) For investment of less than Rs.5 Crores : 2.25% of applicable NAV; (ii) For investment of Rs.5 Crores & above: NIL (i) For investment of less than Rs.5 Crores: 2.25% of applicable NAV; (ii) For investment of Rs.5 Crores & above: NIL (i) For investment of less than Rs.5 Crores : 2.25% of applicable NAV; (ii) For investment of Rs.5 Crores & above: NIL (i) For investment of less than Rs.5 Crores: 2.25% of applicable NAV; (ii) For investment of Rs.5 Crores & above: NIL Exit Load* $$$ Nil. For investment made on or after 1-Mar-08 Nil Nil Nil. For investment made on or after 1-Mar-08 Nil Nil. For investment made on or after 1-Mar-08 Redemption Cheques Issued ## Generally within 3 Business Days for specified RBI locations and an additional of 3 Business Days for Non RBI locations Generally within 3 Business Days for specified RBI locations and an additional of 3 Business Days for Non RBI locations Generally within 3 Business Days for specified RBI locations and an additional of 3 Business Days for Non RBI locations Generally within 3 Business Days for specified RBI locations and an additional of 3 Business Days for Non RBI locations Generally within 3 Business Days for specified RBI locations and an additional of 3 Business Days for Non RBI locations after lock-in period of 3 yrs. Generally within 3 Business Days for specified RBI locations and an additional of 3 Business Days for Non RBI locations Min. Redemption Amt. Rs. 500 Rs. 500 Rs. 500 Rs. 500 and in multiples thereof Rs. 500 Rs. 500 and in multiples thereof Cut off time: Purchase/Switch in Redemption/Switch out $ Systematic Investment Plan (SIP) Monthly: Minimum Rs. 1, post-dated cheques for a minimum of Rs each *** Monthly: Minimum Rs. 1, post-dated cheques for a minimum of Rs each *** (Refer to foot note # 2) Monthly: Minimum Rs. 1, post-dated cheques for a minimum of Rs each *** (Refer to foot note # 2) Monthly: Minimum Rs. 1, post-dated cheques for a minimum of Rs each *** (Refer to foot note # 2) Monthly: Minimum of Rs. 500 or multiples thereof & 5 postdated cheques for a minimum of Rs. 500 for a block of 5 months in advance. *** Monthly: Minimum Rs. 1, post-dated cheques for a minimum of Rs each *** (Refer to foot note # 2) Systematic Withdrawal Plan (SWP) Minimum of Rs.500 and multiples of Re. 1/- Minimum of Rs.500 and multiples of Re. 1/- Minimum of Rs.500 and multiples of Re. 1/- Minimum of Rs.500 and multiples of Re. 1/- Not available Minimum of Rs.500 and multiples of Re. 1/- Systematic Transfer Plan (STP) $$ Available Available Available Available Available Available Actual Recurring Expenses for the previous financial 2.26% 2.50% 2.42% year ended March 31, 1.88% 2.13% 2008 (% of NAV) ICICI Prudential Services Industries Fund and ICICI Prudential Infrastructure Fund, no Exit Load will be charged on all the new applications made under the scheme. Vide addendum dated 5th October, 2007, for all the fresh investments made on or after October 08, 2007 under ICICI Prudential Infrastructure Fund, ICICI Prudential Dynamic Plan and ICICI Prudential Equity & Derivatives Fund Wealth Optimiser Plan, an exit load of 0.50% of the applicable NAV will be charged, if redemption/switch-out of the investment is made within 6 months from the date of allotment of units under the above mentioned schemes. Vide addendum dated 9th October, 2007, for all fresh investments (including investments through SIP/STP) of Rs. 5 crores or more made under ICICI Prudential Infrastructure Fund, ICICI Prudential Dynamic Plan and ICICI Prudential Equity & Derivatives Fund - Wealth Optimiser Plan on or after October 10, 2007, no exit load will be charged. ^^Entry Load for all the direct applications: As per the addendum dated January 03, 2008, no entry load shall be charged for direct applications received by the Asset Management Company (AMC) i.e. applications received through internet, submitted to AMC or collection centre/investor Service Centre that are not routed through any distributor/agent/broker, for all the Fresh investments/additional purchases under the same folio/switch-in to a scheme from other schemes, directly made by investors, w.e.f. January 4, It shall be applicable for investments in the existing schemes and in case of new schemes launched on and 55

56 Funds at a glance Key Features Infrastructure Fund Services Industries Fund SPIcE Index Fund Discovery Fund Emerging S.T.A.R. (Stocks Targeted At Returns) Fund Type Investment Pattern (Under normal circumstances) Options Default Option Application Amount ### Rs. 5,000 (plus in multiples of Re.1) Min. Addl. Investment ### Rs. 500 & in multiples thereof Entry Load* ^^ Exit Load* $$$ Open-ended Equity Fund Equity and Equity related instruments in Infrastructure sector 70% to 100% & debt, money market instrument - 0% to 30% Growth & Dividend Dividend Reinvestment (i) For all purchases of less than Rs. 5 Crore per Transaction: 2.25% of applicable NAV; (ii) For purchases of Rs.5 Crore & above per Transaction : NIL Nil for investments made on or after 28-Nov-05. For investment made on or after 1-Mar-08 Open-ended Equity Fund Equity and equity related instruments in services sector 70% to 100% & debt, money market instruments - 0% to 30% Growth & Dividend payout & Dividend Reinvestment Dividend Reinvestment Rs per application and in multiples of Re.1 thereafter Rs. 500 per application and in multiples of Re.1 thereafter (i) For all purchases of less than Rs. 5 crore per transaction:2.25% of applicable NAV; (ii) For all purchases of more than Rs. 5 crore & above per transaction:nil For investment made after NFO Period: Nil. For investment made on or after 1-Mar-08 An open-ended, Open-ended Index Linked exchange listed, index Growth Scheme linked growth scheme Securities comprising the SENSEX upto 100% & Upto 10% in Money market instruments, convertible bonds & other securities including cash Cumulative One Unit (One unit = SENSEX/100) One Unit (One unit = SENSEX/100) Nil NIL (In case there are no quotes on the BSE/ DSE for five trading days consecutively, an investor can sell directly to the fund at an exit load of 2.5% of NAV) Equity stocks drawn from the components of the S&P CNX Nifty and the exchange traded derivatives on the S&P CNX Nifty upto 100%. Money Market instruments upto 10% Rs.5,000 (plus multiples of Rs 1000) Rs.1000/- 1.00% of applicable NAV Nil Open-ended Equity Fund Equity and Equity related securities - 80% to 100% and Cash & Money Market instruments - 0% to 20% Growth & Dividend Dividend Reinvestment Rs. 5,000 (plus in multiples of Re.1) Rs. 500 & in multiples thereof (1) For investment of less than Rs. 5 Crores: Entry load at 2.25% of applicable Net Asset Value (NAV); (2) For investment of Rs.5 Crores and above: Entry load is Nil. Nil. For investment made on or after 1-Mar-08 Open-ended Equity Fund Equity and Equity Linked Instruments - 90% to 100% and Debt Securities, Cash & Money Market instruments - 0% to 10% Growth & Dividend Dividend Reinvestment Rs. 5,000 (plus in multiples of Re.1) Rs. 500 & in multiples thereof (1) For investment of less than Rs. 5 Crores: Entry load at 2.25% of applicable Net Asset Value (NAV); (2) For investment of Rs.5 Crores and above: Entry load is Nil. Nil. For investment made on or after 1-Mar-08 Redemption Cheques Issued ## Min. Redemption Amt. Cut off time: Purchase/Switch in Redemption/Switch out $ Systematic Investment Plan (SIP) Systematic Withdrawal Plan (SWP) Systematic Transfer Plan (STP) $$ Actual Recurring Expenses for the previous financial year ended March 31, 2008 (% of NAV) Generally within 3 Business Days for specified RBI locations and an additional of 3 Business Days for Non-RBI locations Rs. 500 Monthly: Minimum Rs. 1, post-dated cheques for a minimum of Rs each *** (Refer to foot note # 2) Minimum of Rs.500 and multiples of Re. 1/- Available 1.85% Generally within 3 business days for specified RBI locations and an additional 3 Business days for Non-RBI locations Rs 500 and in multiples thereof Monthly:Minimum Rs Installment for a minimum of Rs each and in multiples of Re. 1 thereafter *** (Refer to foot note # 2) Available Available 2.14% Within 3 business days One Unit (One unit = SENSEX/100) during Stock Exchange Working Hours Not Available Not Available Not Available 0.80% Within 3 Business Days Rs.1000 Monthly/Quarterly: Minimum Rs.1,000/- + 5 post-dated cheques of Rs. 1,000/- each. Entry Load: Nil; Exit Load: 0.5% of the applicable NAV, if the investment is redeemed within 1 year from the date of allotment, Nil thereafter. Minimum of Rs.1000 and multiples of Re. 1/- Available 1.25% Within 3 Business Days for specified RBI locations and an additional of 3 Business Days for Non- RBI locations. Rs.500 Monthly: Minimum Rs.1, post-dated cheques of Rs. 1,000 each *** (Refer to foot note # 2) Minimum of Rs.500 and multiples of Re. 1/- Available 2.17% Within 3 Business Days from the date of acceptance of Redemption request at any of the Customer Service Centres. Rs.500 Monthly: Minimum Rs. 1, postdated cheques of Rs. 1,000 each *** (Refer to foot note # 2) Minimum of Rs.500 and multiples of Re. 1/- after January 4, Vide addendum dated 28th February, 2008, for fresh investments made, the exit load (excluding SIP & STP) with effect from 1st March, 2008 as follows: Under ICICI Prudential Infrastructure Fund, ICICI Prudential Power, ICICI Prudential Growth Plan, ICICI Prudential Discovery Fund, ICICI Prudential Services Industries Fund, ICICI Prudential Dynamic Plan, ICICI Prudential Balanced Fund, ICICI Prudential Emerging S.T.A.R. (Stocks Targeted At Returns) Fund 1) For an Investment of less than Rs. 5 crores: a) If the amount sought to be redeemed or switched out is invested upto six months from the date of allotment-exit Load:1% of the applicable NAV; b) If the amount sought to be redeemed switched out is invested for more than six months but upto one year from the date of allotment-exit Load: 0.5% of the applicable NAV; c) If the amount sought to be redeemed or switched out is invested for more than one year from the date of allotment-exit Load: Nil. 2) For an Investment of Rs. 5 crores and above: Exit Load: Nil. Under Income Plan: 1) For an Investment of less than or equal to Rs. 10 Lakhs a) If the amount sought to be redeemed or switched out is invested upto three months from the date of allotment- Exit Load: 1% of the applicable NAV. b) If the amount sought to be redeemed or switched out is invested for more than three months but upto six months from the date of allotment- Exit Load: 0.50% of the applicable NAV. c) If the amount sought to be redeemed or switched out is invested for a period of more than six months from the date of allotment-exit Load: Available 2.08% 56

57 Funds at a glance Key Features Equity & Derivatives Fund Income Optimiser Plan Equity & Derivatives Fund Wealth Optimiser Plan Indo Asia Equity Fund Focused Equity Fund Type Open-ended Equity Fund Open-ended Equity Fund Open-ended Diversified Equity Fund Open-ended equity scheme Investment Pattern (Under normal circumstances) 65% to 80% in Equity and Equity Derivatives (equity unhedged exposure limited to 5%), 20% to 35% in Debt instruments. 65% to 100% in Equity and Equity Derivatives (equity unhedged exposure limited to 80%), 0% to 35% in Debt instruments. 65% to 100% in Equity & equity related securities in India, 0% to 35% in Asian Equity Fund(s), Equity & Equity Related Securities or Share Classes/Units of Equity Fund, 0% to 35% in Debt instruments Equity and Equity related instruments - 70% to 100% & Debt instruments (including securitised debt of upto 50%)- 0% to 30% Options Default Option Retail Option and Institutional Option Retail Option Regular Option Retail Option and Institutional Option Retail Option Retail Option and Institutional Option I Retail Option Sub-Options Growth and Dividend with dividend payout and dividend reinvestment facilities. Growth and Dividend with dividend payout and dividend reinvestment facilities. Under Retail Option: Growth and Dividend with payout & reinvestment facilities Under Institutional Option: Growth Under Retail Option: Growth and Dividend with payout & reinvestment facilities. Under Institutional Option I: Growth Default Sub-Options Dividend Reinvestment Dividend Reinvestment Dividend Reinvestment under Reatil Option Dividend Reinvestment under Reatil Option Min. Application Amount ### Retail Option: Rs.5,000 (plus in multiples of Re.1) Institutional Option: Rs.5 crores (plus in multiples of Re.1) Regular Option: Rs.5,000 (plus in multiples of Re.1) Retail Option: Rs.5,000 (plus in multiples of Re.1) Institutional Option: Rs.5 crores (plus in multiples of Re.1) Retail Option: Rs.5,000 (plus in multiples of Re.1/- thereafter) Institutional Option I: Rs.10 crores (plus in multiples of Re.1/- thereafter) Min. Addl. Investment ### Rs.1,000/- (plus in multiples of Re.1/-) Rs.1,000/- (plus in multiples of Re.1/-) Under Retail: Rs.1,000/- (plus in Retail Option: Rs.1,000/- (plus in multiples of Re.1/-); Under multiples of Re.1/-); Institutional Institutional: Rs.10,000/- (plus in multiples of Re.1/-) Option I: Rs.10,000/- (plus in multiples of Re.1/-) Entry Load* ^^ Nil i) 2.25% of the applicable NAV, if the investment amount is less than Rs.5 crores ii) Nil for investment of Rs.5 crores and above. Under Retail: (i) For investment of less than Rs. 5 Crores: 2.25% of applicable NAV; (ii) For investment of Rs. 5 Crores and above: Nil. Under Institutional: Nil (a) Retail Option: (i) For investment of less than Rs. 5 crores : 2.25% of the applicable NAV; (ii) For investment of Rs. 5 Crores and above: Nil; (b) Institutional Option I: Nil. Exit Load* $$$ i) 0.5% of the applicable NAV, if the investment is redeemed within a period of 6 months from the date of allotment. ii) Nil if the investment is redeemed after 6 months from the date of allotment. i) 0.50% of the applicable NAV if redemption/switchouts is made within 6 months from the date of investment. ii) Nil for investment of Rs.5 crores and above and redeemed any time. Under Retail: (i) For investment of Rs. 5 Crores and above: Nil; (ii) For investment of less than Rs. 5 Crores made during the NFO period and redeemed before 6 months from the date of allotment: 1% of applicable NAV; (iii) For investment made after the NFO period: Nil. Under Institutional: Nil (a) Retail Option: (1) For investment of less than Rs. 5 crores (i) If the amount sought to be redeemed or switched out is invested upto 6 months from the date of allotment: 1% of the applicable NAV; (ii) If the amount sought to be redeemed or switched out is invested more than 6 months but upto one year from the date of allotment: 0.5% of the applicable NAV; (iii) If the amount sought to be redeemed or switched out is invested more than one year from the date of allotment: Nil; (2) For investment of more than Rs. 5 crores: Nil. (b) Institutional Option I: Nil. Redemption Cheques Issued ## Within 10 Business Days from the date of acceptance of a transaction request. Within 10 Business Days from the date of acceptance of a transaction request. Within 10 Business Days from the date of acceptance of a transaction request. Within 10 Business Days from the date of acceptance of a transaction request. Min. Redemption Amt. Rs. 500/- Rs 500/- Rs. 500 and in multiples of Re. 1, provided minimum balance should not fall below Rs Rs. 500 and in multiples of Re. 1, provided minimum balance should not fall below Rs Cut off time: Purchase/Switch in Redemption/Switch out $ Systematic Investment Plan (SIP) Retail Option (Monthly): Minimum Rs. 1, post-dated cheques for a minimum of Rs each. Entry load for SIP & STP: Nil Exit load for SIP & STP investments: i) 0.5% of the applicable NAV, if the investment is redeemed within a period of 6 months from the date of allotment. ii) Nil if the investment is redeemed after 6 months from the date of allotment. Regular Option (Monthly): Minimum Rs post dated cheques for a minimum of Rs each. Entry load for SIP & STP: i) 2.25% of the applicable NAV, if the investment amount is less than Rs.5 crores. ii) Nil if the iinvestment amount is Rs.5 crores or more Exit load for SIP & STP : Nil (Refer to foot note # 2) Retail Option : Minimum Rs post dated cheques for a minimum of Rs. 1,000 each. Entry load for SIP & STP: 2.25% of the applicable NAV. Exit load for SIP & STP: 1% if the units are redeemed before 6 months. Institutional Option: No SIP & STP facilities available under Institutional Option. (Refer to foot note # 2) Retail Option : Minimum Rs post dated cheques for a minimum of Rs. 1,000 each. Entry load for SIP & STP: 2.25% of the applicable NAV. Exit load for SIP & STP: 1% if the units are redeemed/switch-out within 12 months from the date of allotment. Institutional Option I: No SIP & STP facilities available under Institutional Option. (Refer to foot note # 2) Systematic Withdrawal Plan (SWP) Retail Option: Rs.500 and in multiples of Re. 1/- provided minimum balance should not fall below Rs.5000/-. Regular Option: Rs.500 and in multiples of Re. 1/- provided minimum balance should not fall below Rs.5000/-. Retail Option: Rs.500 and in multiples of Re. 1/- provided minimum balance should not fall below Rs.5000/-. Retail Option: Rs.500 and in multiples of Re. 1/- provided minimum balance should not fall below Rs.5000/-. Systematic Transfer Plan (STP) $$ Available Available Available only under Retail Option Available only under Retail Option Actual Recurring Expenses for the 1.50% 2.03% 2.12% previous financial year ended March 31, 2008 (% of NAV) Nil. 2) For an Investement above Rs. 10 Lakhs - Exit Load: Nil. Vide addendum dated 9th May, 2008, for all investments below Rs. 5 crores made under ICICI Prudential Growth Plan (excluding investments made through SIP/STP facilities) from May 12, 2008, no exit load will be charged. Note # 1: Vide Addendum dated June 2, 2008, for all the investments under ICICI Prudential Flexible Income Plan and ICICI Prudential Floating Rate Plan made on or after June 5, 2008, an exit load at the rate of 0.25% of the applicable NAV will be charged if the redemption/switch-out is made within 7 days from the date of allotment. Vide addendum dated August 8, 2008, w.e.f. August 11, 2008, for all direct investments i.e. purchases/switches under ICICI Prudential Flexible Income Plan made by Public Financial Institutions under the Scheme (excluding investments made through SIP and STP facility), no exit load will be charged, subject to the first investment under the Scheme being greater than or equal to Rs. 5 crores. Note # 2: Vide addendum dated August 19, 2008, all fresh investments under the following schemes from August 21, 2008 by using Systematic Investment Plan (SIP)/Systematic Transfer Plan (STP) facilities, will be charged an Exit Load of 1% of the applicable NAV, if the investments redeemed/switched out within 12 months from the date of allotment of units: ICICI Prudential Dynamic Plan, ICICI Prudential Discovery Fund, ICICI Prudential Services Industries Fund, ICICI Prudential Infrastructure Fund, ICICI Prudential Technology Fund, ICICI Prudential Child Care Plan - Gift Plan, ICICI Prudential Power, ICICI Prudential Emerging S.T.A.R. (Stocks Targeted At Returns) Fund, ICICI Prudential Equity & Derivatives Fund - Wealth Optimiser Plan, ICICI Prudential FMCG Fund, ICICI Prudential Indo Asia Equity Fund and ICICI Prudential Focused Equity Fund. 57

58 ICICI Prudential Mutual Fund Corporate Office Peninsula Tower, 8th Floor, Peninsula Corporate Park, Ganpatrao Kadam Marg, Off. Senapati Bapat Marg, Lower Parel, Mumbai Telephone No.: Fax No.: Website: Statutory Details & Risk Factors Statutory Details: ICICI Prudential Mutual Fund (the Fund) was set up as a Trust sponsored by Prudential plc (through its wholly owned subsidiary namely Prudential Corporation Holdings Ltd) and ICICI Bank Ltd. ICICI Prudential Trust Limited (the Trust Company), a company incorporated under the Companies Act, 1956, is the Trustee to the Fund. ICICI Prudential Asset Management Company Ltd (the AMC), a company incorporated under the Companies Act, 1956, is the Investment Manager to the Fund. ICICI Bank Ltd and Prudential Plc (acting through its wholly owned subsidiary namely Prudential Corporation Holdings Ltd) are the promoters of the AMC and the Trust Company. Risk Factors: Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the objectives of the Schemes will be achieved. As with any securities investment, the NAV of the Units issued under the Schemes can go up or down, deptending on the factors and forces affecting the capital markets. Past performance of the Sponsors, AMC/Fund does not indicate the future performance of the Schemes of the Fund. The Sponsors are not responsible or liable for any loss resulting from the operation of the Schemes beyond the contribution of an amount of Rs.22.2 lacs, collectively made by them towards setting up the Fund and such other accretions and additions to the corpus set up by the Sponsors. ICICI Prudential Growth Plan^ (An open-ended equity fund. Objective is to generate long term capital appreciation), Entry Load: ** ^^, Exit Load: Nil; ICICI Prudential Income Plan (An open-ended Debt Fund. Objective is to generate income through investments in debt securities), Entry Load^^: Nil, Exit Load: For investment of less than or upto Rs. 10 Lakhs : 0.50% of applicable Net Asset Value (NAV) if the investment held for less than or equal to a period of 6 months; For investment of above Rs. 10 Lakhs: Nil; ICICI Prudential Liquid Plan (An open-ended Liquid Income Fund. Objective is to generate reasonable returns while providing high levels of liquidity), Entry Load: Nil, Exit Load: Nil; ICICI Prudential FMCG Fund^ (An open-ended FMCG Sectoral Fund. Objective is to generate long term capital appreciation through investments primarily in FMCG sector), Entry Load: ** ^^, Exit Load: Nil; ICICI Prudential Tax Plan^ (An openended Equity Linked Saving Scheme. Objective is to generate long term capital appreciation), Entry Load: ** ^^, Exit Load: Nil; ICICI Prudential Gilt Fund - Treasury Plan (An open-ended short-term Gilt Fund. Objective is to generate regular returns through investments made in gilts), Entry Load: Nil, Exit Load: Nil; ICICI Prudential Gilt Fund - Investment Plan (An open-ended medium-term Gilt Fund. Objective is to generate regular returns through investments made in gilts), Entry Load: Nil, Exit Load: Nil; ICICI Prudential Balanced Fund^ (An open-ended Balanced Fund. Objective is to generate long term capital appreciation and current income), Entry Load: ** ^^, Exit Load: Nil; ICICI Prudential Technology Fund^ (An open-ended Equity Fund. Objective is to generate long term capital appreciation), Entry Load: ** ^^, Exit Load: Nil; ICICI Prudential Monthly Income Plan (An open ended fund. Monthly income is not assured and is subject to the availability of distributable surplus) (Objective is to generate regular income through investments in fixed income securities), Entry Load: Nil, Exit Load: For investment of less than or upto Rs. 10 Lakhs : 0.50% of applicable Net Asset Value (NAV) if the investment held for less than or equal to a period of 6 months; For investment of above Rs. 10 Lakhs : Nil; ICICI Prudential Fixed Maturity Plan Series 33 - Plan A (A close-ended Debt Fund. Objective is to generate returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the Plan. Entry Load: Nil, Exit Load: Nil - for redemptions made on Maturity, 5% of the applicable NAV for redemptions made during repurchase facility period. However, any redemptions made before the Maturity Date of the Scheme, i.e. redemptions made during the repurchase facility period, AMC will redeem the units after recovering the balance proportionate unamortized new fund offer expenses in accordance with SEBI Circular dated April 4, 2006; ICICI Prudential Fixed Maturity Plan - Series 36 Eighteen Months Plan A (A close-ended Debt Fund. Objective of the Plan under the Scheme is seeking to generate regular returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the Plan. Entry Load: Nil, Exit Load: The units of the plan under the scheme will be redeemed on the date of maturity without any exit load); ICICI Prudential Fixed Maturity Plan - Series 36 - Eighteen Months Plan B (A close-ended Debt Fund. Objective of the Plan under the Scheme is seeking to generate regular returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the Plan), Entry Load: Nil, Exit Load: Nil - for redemptions made on Maturity, 2% of the applicable NAV for redemptions made during repurchase facility period); ICICI Prudential Fixed Maturity Plan - Series 38 One Year Plan C & One Year Plan D (Close-ended Debt Fund. Objective of the Plan under the Scheme is seeking to generate regular returns by investing in a portfolio of fixed income securities/debt instruments normally maturing in line with the time profile of the Plan), Entry Load: Nil, Exit Load: Nil - for redemptions made on Maturity, 2% of the applicable NAV for redemptions made during repurchase facility period; ICICI Prudential Fixed Maturity Plan Series 38 Two Years Plan (A close-ended Debt Fund. Object of the Plan under the Scheme is seeking to generate regular returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the Plan. Entry Load: Nil, Exit Load: Nil - for redemptions made on Maturity, 3% of the applicable NAV for redemptions made during repurchase facility period; ICICI Prudential Fixed Maturity Plan - Series Months Plan A & 18 Months Plan B (A close-ended Debt Fund. Objective of the Plan under the Scheme is seeking to generate returns by investing in a portfolio of fixed income securities/debt instruments normally maturing in line with the time profile of the Plan), Entry Load: Nil, Exit Load: Nil - for redemptions made on Maturity, 3% of the applicable NAV for redemptions made during repurchase facility period); ICICI Prudential Fixed Maturity Plan - Series Months Plan B (Close-ended Debt Fund. Objective of the Plan under the Scheme is seeking to generate regular returns by investing in a portfolio of fixed income securities/debt instruments normally maturing in line with the time profile of the Plan, Entry Load: Nil, Exit Load: Nil - for redemptions made on Maturity, 3% of the applicable NAV for redemptions made during repurchase facility period); ICICI Prudential Fixed Maturity Plan - Series Months Plan, 15 Months Plan, 16 Months Plan, 17 Months Plan, 18 Months Plan & 19 Months Plan (A closeended Debt Fund. Objective of the Scheme is to seek to generate returns by investing in a portfolio of fixed income securities/debt instruments normally maturing in line with the time profile of the Scheme), Entry Load: Nil, Exit Load: Nil - for redemptions made on Maturity, 2% of the applicable NAV for redemptions made during repurchase facility period); ICICI Prudential Fixed Maturity Plan - Series 42 - Thirteen Months Plan A, Thirteen Months Plan B, Thirteen Months Plan C, Thirteen Months Plan D, Fifteen Months Plan, Sixteen Months Plan & Eighteen Months Plan (A close-ended Debt Fund. Objective of the Scheme is to seek to generate returns by investing in a portfolio of fixed income securities/debt instruments normally maturing in line with the time profile of the Scheme; Entry Load: Nil, Exit Load: Nil for redemptions made on Maturity, 2% of the applicable NAV for redemptions made during repurchase facility period); ICICI Prudential Fixed Maturity Plan - Series 42 - Six Months Plan C (A close-ended Debt Fund. Objective of the Scheme is to seek to generate returns by investing in a portfolio of fixed income securities/debt instruments normally maturing in line with the time profile of the Scheme; Entry Load: Nil, Exit Load: Nil for redemptions made on Maturity, 1% of the applicable NAV for redemptions made during repurchase facility period); ICICI Prudential Fixed Maturity Plan - Series 43 - Thirteen Months Plan A, Thirteen Months Plan B, Thirteen Months Plan C, Thirteen Months Plan D, Fourteen Months Plan A & Fourteen Months Plan B (A close-ended Debt Fund. Objective of the Scheme is to seek to generate returns by investing in a portfolio of fixed income securities/debt instruments normally maturing in line with the time profile of the Scheme; Entry Load: Nil, Exit Load: Nil for redemptions made on Maturity, 2% of the applicable NAV for redemptions made during repurchase facility period); ICICI Prudential Fixed Maturity Plan - Series Months Plan, One Year Plan A, One Year Plan B, One Year Plan C, One Year Plan D (A close-ended Debt Fund. Objective of the Scheme is to seek to generate returns by investing in a portfolio of fixed income securities/debt instruments normally maturing in line with the time profile of the Scheme; Entry Load: Nil, Exit Load: Nil for redemptions made on Maturity, 2% of the applicable NAV for redemptions made during repurchase facility period); ICICI Prudential Fixed Maturity Plan - Series 44 - Three Months Plan B, Three Months Plan C, Three Months Plan D & Three Months Plan E (A close-ended Debt Fund. Objective of the Scheme is to seek to generate returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the Scheme. Entry Load: Nil, Exit Load: Nil for redemptions made on Maturity, 1% of the applicable NAV for redemptions made during repurchase facility period); ICICI Prudential Fixed Maturity Plan - Series 46 - One Year Plan A, One Yar Plan B & One Yar Plan C (A close-ended Debt Fund. Objective of the Scheme is to seek to generate returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the Scheme. Entry Load: Nil, Exit Load: Nil for redemptions made on Maturity, 2% of the applicable NAV for redemptions made during repurchase facility period); ICICI Prudential Interval Fund - Monthly lnterval Plan-I (A Debt Oriented Interval Scheme. The investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities. Entry Load: Nil, Exit Load: Nil, if redeemed during "The Specified Transaction Period, 0.2% of the applicable NAV if redeemed at anytime other than "The Specified Transaction Period"); ICICI Prudential Interval Fund - Quarterly lnterval Plan-I, Quarterly Interval Plan-II & Quarterly Interval Plan-III (A Debt Oriented Interval Scheme. The investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities. Entry Load: Nil, Exit Load: Nil, if redeemed during "The Specified Transaction Period". 0.5% of the applicable NAV if redeemed at anytime other than "The Specified Transaction Period"); ICICI Prudential Interval Fund - Half Yearly lnterval Plan-I & Half Yearly Interval Plan-II (A Debt Oriented Interval Scheme. The investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities. Entry Load: Nil, Exit Load: Nil. 1% of the applicable NAV if redeemed at anytime other than "The Specified Transaction Period"); ICICI Prudential Interval Fund - Annual lnterval Plan-I, Annual Interval Plan-II, Annual Interval Plan-III & Annual Interval Plan-IV (A Debt Oriented Interval Scheme. The investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities. Entry Load: Nil, Exit Load: Nil. 2% of the applicable NAV if redeemed at anytime other than "The Specified Transaction Period"); ICICI Prudential Interval Fund II - Quarterly lnterval Plan A, Quarterly lnterval Plan B, Quarterly lnterval Plan C, Quarterly lnterval Plan D, Quarterly lnterval Plan E & Quarterly lnterval Plan F (A Debt Oriented Interval Scheme. The investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities. Entry Load: Nil, Exit Load: Nil. 0.50% of the applicable NAV if redeemed at anytime other than "The Specified Transaction Period"); ICICI Prudential Interval Fund III - Monthly lnterval Plan (A Debt Oriented Interval Scheme. The investment objective of the Scheme is to seek to generate returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the Scheme. Entry Load: Nil, Exit Load: Nil, if redeemed during "The Specified Transaction Period, 0.2% of the applicable NAV if redeemed at anytime other than "The Specified Transaction Period"); ICICI Prudential Interval Fund IV - Monthly lnterval Plan A (A Debt Oriented Interval Scheme. The investment objective of the Scheme is to seek to generate returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the Scheme. Entry Load: Nil, Exit Load: Nil if redeemed during "The Specified Transaction Period". 0.5% of the applicable NAV if redeemed at anytime other than "The Specified Transaction Period"); ICICI Prudential Child Care Plan (Study Plan: An open-ended fund. Objective is to generate income by creating a portfolio that is invested in debt, money market instruments and equity and equity related securities. Gift Plan: An open-ended Fund. Objective is to generate capital appreciation by creating a portfolio that is invested in equity and equity related securities and debt and money market instruments), Entry Load ^^ [For all purchases (including fresh registrations for purchases through Systematic Investment facility) made in the Plan]: Study Plan %; Gift Plan %. Exit Load for both the Plans are 1%, if investment is redeemed within 3 years. (2) Nil, if investment is redeemed after 3 years but before the Unitholder attains the age of 18; ICICI Prudential Power^ (An open-ended Growth Fund. Objective is to generate long term capital appreciation through investments in core sectors & associated feeder industries), Entry Load: ** ^^, Exit Load: Nil; ICICI Prudential Short Term Plan (An open-ended Income Fund. Objective is to generate Income through investments in debt securities) Entry Load: Nil, Exit Load: Nil; ICICI Prudential Long Term Plan (An open-ended Income Fund. Objective is to generate income through investment in range of debt and money market instruments while maintaining optimum balance of yield, safety and liquidity), Entry Load: Nil, Exit Load: Nil; ICICI Prudential Sweep Plan (An open-ended Liquid Fund. Objective is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made primarily in money market and debt securities), Entry Load: Nil, Exit Load: Nil; ICICI Prudential Index Fund (An open-ended index linked Growth Scheme. Objective is track the returns of S&P CNX Nifty Index through investment in stocks drawn from constituents of Nifty), Entry Load ^^: 1% of the Applicable NAV, Exit Load: NI; ICICI Prudential Flexible Income Plan (An open-ended Income Fund. Objective is to generate income through investments in a range of debt instruments and money market instruments of various maturities with a view to maximising income while maintaining the optimum balance of yield, safety and liquidity) Entry Load: Nil, Exit Load: Investments made: (a) before July 24, 06 - Nil (b) on or after July 24, % of the applicable NAV, if the redemption is made within one month from the date of investment. Investment made on or after March 28, % of the applicable NAV, if the redemption/switch-out is made within 10 days from the date of investment; For all the investments made on or after June 5, 2008, 0.25% of the applicable NAV if the redemption/switch-out is made within 7 days from the date of allotment. ICICI Prudential Dynamic Plan^ (An open-ended Equity Fund. Objective is to generate capital appreciation by actively investing in equity and equity related securities and for defensive consideration in debt / money market instruments), Entry Load: ** ^^, Exit Load: Nil***; SENSEX Prudential ICICI Exchange Traded Fund ( SPIcE ) (An open-ended exchange listed, index linked growth scheme. Objective is to provide the investment returns that closely corresponds to the total return of securities as represented by the SENSEX). Entry Load: Nil, Exit Load: 2.5% of applicable NAV in case of no quotes on the BSE for five trading days consecutively and an investor redeeming directly from the Fund; ICICI Prudential Floating Rate Plan Option A, B, C & D (An open-ended income fund. Objective is to generate income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments, fixed rate debt instruments swapped for floating rate return, and also fixed rate instruments and money market instruments) Entry Load : Nil, Exit Load: For all investments made on or after April 24, 2007, an exit load of 0.25% of the applicable NAV if the redumption/switch-out is made within 10 days from the date of investment; For all the investments made on or after June 5, 2008, 0.25% of the applicable NAV if the redemption/switch-out is made within 7 days from the date of allotment; ICICI Prudential Advisor Series (An open-ended asset allocation fund, which is of the nature of Fund of Funds, comprising there under five investment Plans, with a primary objective to generate returns through investment in underlying schemes of ICICI Prudential Mutual Fund) Entry Load: For ICICI Prudential Very Cautious Plan and ICICI Prudential Cautious Plan is Nil and for ICICI Prudential Moderate Plan, ICICI Prudential Aggressive Plan and ICICI Prudential Very Aggressive Plan, the Entry Load ^^ is 1%, 1.50% and 1.75% respectively, Exit Load: Nil, Further, for investments by the Fund of Funds scheme, in underlying schemes of ICICI Prudential Mutual Fund, there would not be any entry load / exit load. ICICI Prudential Gilt Fund Investment Plan - PF Option (An open-ended Medium Term Gilt Fund. Objective is to generate income through investments in Gilts of various maturities) Entry Load: Nil, Exit load : 0.60% of a NAV in case the amount sought to be redeemed is not being invested under the Plan for a minimum period of 365 days, ICICI Prudential Gilt Fund Treasury - PF Option (An open-ended Gilt Fund. Objective is to generate income through investments in Gilts of various maturities) Entry Load: Nil, Exit load: 0.80% of a NAV in case the amount sought to be redeemed is not being invested under the Plan for a minimum period of 365 day; ICICI Prudential Income Multiplier Fund (An open-ended debt fund which invests upto 30% in equity. Objective is to generate long-term capital appreciation from a portfolio that is invested predominantly in debt and money market securities and the balance in equity and equity related securities) Entry Load: Nil, Exit Load: (i) 1% - For investments of less than Rs. 5 crores and if the investments are held for less than a period of 12 months; (ii) No Exit Load for investments of Rs. 5 crores and above; ICICI Prudential Discovery Fund^ (An open-ended Equity Fund. Objective is to generate returns through a combination of dividend income and capital appreciation by investing primarily in a well-diversified portfolio of value stocks) Entry Load: ** ^^, Exit Load: Nil; ICICI Prudential Long Term Floating Rate Plan Option A, B & C (An open-ended Income Fund. Objective is to generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity) Entry Load : Nil, Exit Load : Nil for Options B and C and for Option A % for investments of less than or equal to Rs. 1 Crore and redemption is made on or before the completion of six months from the date of allotment of units; ICICI Prudential Emerging S.T.A.R. (Stocks Targeted At Returns) Fund^ (An open-ended Equity Fund. Primary objective is to generate capital appreciation by actively investing in diversified mid cap stocks. The scheme will invest primarily in companies that have a market capitalisation between 100 crores and 2000 crores.) Entry Load: ** ^^, Exit Load: Nil***; ICICI Prudential Blended Plan (An open ended fund investing in a blend of equity, derivatives, debt and money market instruments under two Plans viz. Plan A and Plan B. Objective of Plan A under the scheme is to provide capital appreciation and income distribution to unitholders by investing in equity & equity related securities including derivatives and the balance portion in debt securities. Objective of Plan B under the scheme is to provide capital appreciation and income distribution 58

59 to unitholders by investing predominantly in debt securities and the balance portion in equity & equity related securities including derivatives. Entry Load: Nil. Exit Load: Under both the Plans viz., Plan A and Plan B, in case the amount sought to be redeemed is not invested by the investor for a period of 30 days from the date of allotment, an exit 0.50% of applicable NAV will be imposed.); ICICI Prudential Infrastructure Fund^ (An open-ended equity scheme. Objective is to generate capital appreciation and income distribution to unitholders by investing predominantly in equity/equity related securities of the companies belonging to the infrastructure industries and balance in debt securities and money market instruments including call money), Entry Load ^^: For all purchases of less than Rs.5 crore per transaction % of applicable NAV, For Purchases of Rs.5 crores and above per transaction - Nil, Exit Load: Nil***; ICICI Prudential Services Industries Fund^ (An open-ended equity Scheme. Objective: to generate capital appreciation and income distribution to unitholders by investing predominantly in equity/equity related securities of the companies belonging to the service industry and balance in debt securities and money market instruments including call money), Entry Load ^^: For all purchases of less than Rs.5 crore per transaction % of applicable NAV, For Purchases of Rs. 5 crores and above per transaction - Nil; Exit Load: For investments made after New Fund Offer: Nil; ICICI Prudential Fusion Fund (A close-ended diversified equity scheme, with a maturity period of 5 years, that seeks to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of companies across large, mid and small market capitalization. Entry Load: Nil, Exit Load: For the redemptions made before the maturity date of the Scheme i.e. redemptions made during the repurchase facility period, the following exit load structure will be applicable: (i) 5% of the applicable NAV, if the amount sought to be redeemed is invested for a period of one year or less than one year from the date of allotment; (ii) 4% of the applicable NAV, if the amount sought to be redeemed is invested for a period more than one year but less than or equal to two years from the date of allotment; (iii) 3% of the applicable NAV, if the amount sought to be redeemed is invested for a period of more than two years but less than or equal to three years from the date of allotment; (iv) 2% of the applicable NAV, if the amount sought to be redeemed is invested for a period of more than three years but less than or equal to four years from the date of allotment; (v) 1% of the applicable NAV, if the amount sought to be redeemed is invested for a period of more than four years from the date of allotment but redeemed before the date of maturity of the Scheme; ICICI Prudential Equity & Derivatives Fund Income Optimiser Plan [An open-ended equity fund. Objective is to seek to generate low volatility returns by using arbitrage and other derivative strategies in equity markets and investments in short-term debt portfolio. Entry Load ^^ (Including SIP/STP investments): Nil, Exit Load (Including SIP/STP investments w.e.f. 5/01/07): (i) 0.5% of the applicable NAV, if the investment is redeemed within a period of 6 months from the date of allotment. (ii) Nil if the investment is redeemed after 6 months from the date of allotment]; ICICI Prudential Equity & Derivatives Fund Wealth Optimiser Plan [An open-ended equity fund. Objective is to seek to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments. Entry Load ^^ (Including SIP/STP investments): (i) 2.25% of the applicable NAV, if the investment amount is less than Rs.5 crores. (ii) Nil for investment of Rs.5 crores and above. Exit Load: 0.5% of the applicable NAV, if the redemption/switch-out is made within 6 months from the date of investment, Nil for the investment of Rs.5 crores and above and redeemed at any time (Exit Load for SIP/STP investment is Nil)]; ICICI Prudential Fusion Fund Series II [A close-ended diversified equity Scheme, with a maturity period of 3 years, that seeks to generate longterm capital appreciation by investing predominantly in equity and equity related instruments of companies across large, mid and small market capitalization. Asset Allocation Pattern: Equity & equity related securities 70% to 100%, Debt & Money Market Instruments* (including cash and cash equivalent) 0 to 30%]. Entry Load: Nil, Exit Load: No exit load will be charged. However, being a close-ended Scheme, for redemptions made before the Maturity Date of the Scheme, i.e. redemptions made during the repurchase facility period, the AMC will redeem the units after recovering the balance proportionate unamortized new fund offer expenses in accordance with SEBI Circular dated April 4, 2006; ICICI Prudential Indo Asia Equity Fund [An Open-ended Diversified Equity Fund. Objective is to seeks to generate long term capital appreciation by investing in equity, equity related securities and or share classes/units of equity funds of companies, which are incorporated or have their area of primary activity, in the Asia Pacific region. Initially the Scheme will be investing in share classes of International Opportunities Fund (I.O.F) Asian Equity Fund and thereafter the Fund Manager of ICICI Prudential Indo Asia Equity Fund may choose to make investment in listed equity shares, securities in the Asia Pacific Region. Asset Allocation Pattern: 65% to 100% in Equity & equity related securities in India, 0% to 35% in Asian Equity Fund(s), Equity & Equity Related Securities or Share Classes/Units of Equity Fund & 0% to 35% in Debt instruments), Entry Load ^^: Under Retail Option: (i) For investment of less than Rs. 5 Crores: 2.25% of applicable NAV; (ii) For investment of Rs. 5 Crores and above: Nil. Under Institutional: Nil; Exit Load: Under Retail: (i) For investment of Rs. 5 Crores and above: Nil; (ii) For investment of less than Rs. 5 Crores made during the NFO period and redeemed before 6 months from the date of allotment: 1% of applicable NAV; (iii) For investment made after the NFO period: Nil. Under Institutional: Nil. For SIP/STP (Available only under Retail Option) - Entry Load ^^: 2.25% of the applicable NAV. Exit Load: 1% if the units are redeemed before 6 months]; ICICI Prudential Fusion Fund Series-III (A close-ended diversified equity scheme with a maturity period of 3 years, that seeks to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of companies across large, mid and small market capitalization. Entry Load: Nil, Exit Load: No exit load will be charged. However, being a close-ended Scheme, for the redemptions made before the Maturity Date of the Scheme, i.e redemptions made during the repurchase facility period, AMC will redeem the units after recovering the balance proportionate unamortized new fund offer expenses in accordance with SEBI Circular dated April 4, 2006.); ICICI Prudential Real Estate Securities Fund (The Scheme will not be directly owning or holding Real Estate Properties) [A three year close-ended debt fund. The primary objective of the Scheme is to generate income through investments in debt securities maturing in line with the maturity of the Scheme of companies that are in, associated with, or benefiting directly or indirectly from, the real estate sector, and the secondary objective is to generate long-term capital appreciation through investments in equity or equity-related securities of such companies. Entry Load: Nil, Exit Load: Nil for Redemption made on maturity. 3% if the investment redeem during the repurchase facility period (i.e.15th day from the end of each calendar quarter. However, being a close-ended Scheme, for the redemptions made before the Maturity Date of the Scheme, i.e redemptions made during the repurchase facility period, AMC will redeem the units after recovering the balance proportionate unamortized new fund offer expenses in accordance with SEBI Circular dated April 4, 2006.)]; ICICI Prudential Focused Equity Fund (An open-ended equity scheme that seeks to generate long-term capital appreciation and income distribution to unitholders from a portfolio that is invested in equity and equity related securities of about 20 companies belonging to the large cap domain and the balance in debt securities and money market instruments. The Fund Manager will always select stocks for investment from among Top 200 stocks in terms of market capitalization on the National Stock Exchange of India Ltd. If the total assets under management under this scheme goes above Rs crores the Fund Manager reserves the right to increase the number of companies to more than 20. Entry Load: (a) Retail Option: (i) For investment of less than Rs. 5 crores : 2.25% of the applicable NAV; (ii) For investment of Rs. 5 Crores and above: Nil; (b) Institutional Option I: Nil. Exit Load: (a) Retail Option: (1) For investment of less than Rs. 5 crores (i) If the amount sought to be redeemed or switched out is invested upto 6 months from the date of allotment: 1% of the applicable NAV; (ii) If the amount sought to be redeemed or switched out is invested more than 6 months but upto one year from the date of allotment: 0.5% of the applicable NAV; (iii) If the amount sought to be redeemed or switched out is invested more than one year from the date of allotment: Nil; (2) For investment of more than Rs. 5 crores: Nil. (b) Institutional Option I: Nil; Entry load for SIP: 2.25% of the applicable NAV will be charged on the SIP amount invested into the Scheme; Exit load for SIP: 1% of the applicable NAV, if the redemption/switch-out is made within 12 months from the date of allotment of units.); these are the names of the Schemes and do not in any manner indicate either the quality of the schemes or their future prospects and returns. Please read the offer documents carefully before investing. Year to date expense ratio to average AUM for ICICI Prudential Balanced Fund, ICICI Prudential Blended Plan Plan A, ICICI Prudential Equity & Derivative - Wealth Optimiser Plan, ICICI Prudential Flexible Income Plan, ICICI Prudential FMCG Fund, ICICI Prudential Child Care Plan Gift Plan, ICICI Prudential Gilt Fund Investment Plan, ICICI Prudential Gilt Fund Investment Plan - PF Option, ICICI Prudential Gilt Fund Treasury Plan, ICICI Prudential Gilt Fund Treasury Plan - PF Option, ICICI Prudential Income Multiplier Fund Regular Plan, ICICI Prudential Index Fund, ICICI Prudential Long Term Plan, ICICI Prudential Monthly Income Plan, ICICI Prudential Services Industries Fund, SENSEX Prudential ICICI Exchange Traded Fund, ICICI Prudential Child Care Plan Study Plan, ICICI Prudential Tax Plan, ICICI Prudential Technology Fund, ICICI Prudential Blended Plan Plan B, ICICI Prudential Discovery Fund, ICICI Prudential Discovery Fund (Inst-I), ICICI Prudential Dynamic Plan, ICICI Prudential Dynamic Plan - FII Option, ICICI Prudential Equity & Derivative - Income Optimiser Plan, ICICI Prudential Equity & Derivative - Income Optimiser Plan (inst), ICICI Prudential Emerging S. T. A. R. (Stocks targeted at Returns) Fund, ICICI Prudential Emerging S. T. A. R. (Stocks targeted at Returns) Fund (Inst-I), ICICI Prudential Floating Rate Plan (plan A), ICICI Prudential Floating Rate Plan (plan B), ICICI Prudential Floating Rate Plan (plan C), ICICI Prudential Floating Rate Plan (plan D), ICICI Prudential Fusion Fund, ICICI Prudential Fusion Fund (Inst-I), ICICI Prudential Fusion Fund Series-III, ICICI Prudential Fusion Fund Series-III Inst Option, ICICI Pru Fusion Fund - Series-II, ICICI Pru Fusion Fund - Series-II (inst), ICICI Prudential Growth Plan, ICICI Prudential Growth Plan (Inst-I), ICICI Prudential Indo Asia Equity Fund, ICICI Prudential Indo Asia Equity Fund - Inst Option, ICICI Prudential Income Plan, ICICI Prudential Income Plan (inst), ICICI Prudential Infrastructure Fund, ICICI Prudential Infrastructure Fund (FII Option), ICICI Prudential Liquid Plan, ICICI Prudential Liquid Plan - Inst, ICICI Prudential Liquid Plan - Inst-I plan, ICICI Prudential Liquid Plan - inst plus, ICICI Prudential Liquid Plan - super inst, ICICI Prudential Long Term Floating Rate - Plan A, ICICI Prudential Long Term Floating Rate - Plan B, ICICI Prudential Power, ICICI Prudential Power (Inst-I), ICICI Prudential Real Estate Securities Fund, ICICI Prudential Real Estate Securities Fund - Inst Option, ICICI Prudential Short Term Plan, ICICI Prudential Short Term Plan (inst), ICICI Prudential Sweep Plan & ICICI Prudential Sweep Plan (cash) is 2.27%, 1.50%, 2.16%, 0.66%, 2.50%, 2.44%, 1.15%, 1.10%, 1.10%, 1.50%, 2.07%, 1.25%, 0.90%, 1.95%, 2.18%, 0.80%, 1.50%, 2.11%, 2.47%, 1.49%, 2.30%, 1.00%, 1.92%, 1.00%, 1.50%, 1.20%, 2.18%, 1.00%, 1.36%, 1.17%, 1.10%, 0.96%, 2.18%, 1.00%, 2.09%, 1.14%, 2.01%, 1.17%, 2.29%, 1.00%, 2.06%, 2.06%, 2.04%, 1.50%, 1.81%, 1.00%, 1.31%, 1.07%, 0.90%, 1.02%, 0.90%, 1.25%, 0.85%, 2.06%, 1.00%, 1.42%, 0.90%, 1.10%, 0.80%, 0.66%, 0.89% respectively. ** Entry Load for all the Equity Funds: (i) For investment of less than Rs.5 crores is 2.25% of applicable NAV; (ii) For investment of Rs.5 crores and above is Nil. No entry load will be payable in respect of switch transaction from one equity scheme of ICICI Prudential to another equity scheme of ICICI Prudential. Further, for investments by a Fund of Funds Scheme(s) in various schemes of ICICI Prudential Mutual Fund, there would not be any entry load / exit load charged by the underlying schemes. *** Exit Load under SIP w.e.f. May 15, 2008: For all new applications through the SIP facility under the ICICI Prudential Emerging STAR Fund, ICICI Prudential Infrastructure Fund & ICICI Prudential Dynamic Plan, an exit load at the rate of 1% of the applicable NAV will be charged if the redemption/switch-out is made within 12 months from the date of allotment of units. ^^ Entry Load for all the direct applications: As per the addendum dated January 03, 2008, no entry load shall be charged for direct applications received by the Asset Management Company (AMC) i.e. applications received through internet, submitted to AMC or collection centre/investor Service Centre that are not routed through any distributor/agent/broker, for all the Fresh investments/additional purchases under the same folio/switch-in to a scheme from other schemes, directly made by investors, w.e.f. January 4, It shall be applicable for investments in the existing schemes and in case of new schemes launched on and after January 4, ^ For SIP & STP Investments: Entry load of 2.25% of the applicable NAV will be charged on the amount invested under the scheme(s). Exit Load: Nil. Load Structure on SIP & STP investments under the following schemes are as follows: ICICI Prudential Child Care Plan Entry Load (Gift Plan) : 2.25% of applicable NAV, (Study Plan): 1.00% of applicable NAV. Exit Load (Gift & Study Plans): 1.00% of Applicable NAV if the investment is redeemed within 3 years from the date of allotment, Nil thereafter ICICI Prudential Moderate Plan Entry Load: 1% of applicable NAV; Exit Load: Nil ICICI Prudential Aggressive Plan Entry Load: 1% of applicable NAV; Exit Load: 0.5% of the applicable NAV, if the units are redeemed before completion of 2 years from the date of allotment ICICI Prudential Very Aggressive Plan Entry Load: 1% of applicable NAV; Exit Load: 0.75% of the applicable NAV, if the units are redeemed before completion of 2 years from the date of allotment ICICI Prudential Index Fund Entry Load: Nil; Exit Load: 0.5% of the applicable NAV, if the investment is redeemed within 1 year from the date of allotment, Nil thereafter No entry or exit load will be charged on the SIP investments under ICICI Prudential Flexible Income Plan, ICICI Prudential Long Term Plan, ICICI Prudential Income Plan, ICICI Prudential Monthly Income Plan, ICICI Prudential Income Multiplier Fund, ICICI Prudential Very Cautious Plan and ICICI Prudential Cautious Plan. Exit Load for fresh and additional purchases (including SIPs and STPs) made under ICICI Prudential Child Care Plan Gift and Study Option during September 15, 2006 to October 16, 2006, the following will be applicable: 1.25% of the applicable NAV if redeemed on or before three years from the date of allotment. There will be no change in the exit load structure for all purchases, SIPs, STPs, Switch-ins made either before September 15, 2006 or after October 16, For all investments made under ICICI Prudential Power, ICICI Prudential Services Industries Fund and ICICI Prudential Equity & Derivatives Fund Wealth Optimiser Plan on and from August 01, 2007 (excluding investments made through Systematic Investment Plan and Systematic Transfer Plan facility) no Exit Load will be charged on redemption/switch-out of such investments. Vide notice dated August 29, 2007, investments made on or after September 01, 2007 through SIP and STP facilities available under ICICI Prudential Dynamic Plan, ICICI Prudential Discovery Plan, ICICI Prudential Emerging S.T.A.R. (Stocks Targeted At Returns) Fund, ICICI Prudential Growth Plan, ICICI Prudential Power, ICICI Prudential Services Industries Fund and ICICI Prudential Infrastructure Fund, no Exit Load will be charged on all the new applications made under the scheme. Vide addendum dated 5th October, 2007, for all the fresh investments made on or after October 08, 2007 under ICICI Prudential Infrastructure Fund, ICICI Prudential Dynamic Plan and ICICI Prudential Equity & Derivatives Fund Wealth Optimiser Plan, an exit load of 0.50% of the applicable NAV will be charged, if redemption/switch-out of the investment is made within 6 months from the date of allotment of units under the above mentioned schemes. Vide addendum dated 9th October, 2007, for all fresh investments (including investments through SIP/STP) of Rs. 5 crores or more made under ICICI Prudential Infrastructure Fund, ICICI Prudential Dynamic Plan and ICICI Prudential Equity & Derivatives Fund - Wealth Optimiser Plan on or after October 10, 2007, no exit load will be charged. Vide addendum dated 28th February, 2008, the exit load (excluding SIP & STP) with effect from 1st March, 2008 as follows: Under ICICI Prudential Infrastructure Fund, ICICI Prudential Power, ICICI Prudential Growth Plan, ICICI Prudential Discovery Fund, ICICI Prudential Services Industries Fund, ICICI Prudential Dynamic Plan, ICICI Prudential Balanced Fund, ICICI Prudential Emerging S.T.A.R. (Stocks Targeted At Returns) Fund. 1) For an Investment of less than Rs. 5 crores. a) If the amount sought to be redeemed or switched out is invested upto six months from the date of allotment-exit Load:1% of the applicable NAV. b) If the amount sought to be redeemed switched out is invested for more than six months but upto one year from the date of allotment-exit Load: 0.5% of the applicable NAV. C) If the amount sought to be redeemed or switched out is invested for more than one year from the date of allotment-exit Load: Nil. 2) For an Investment of Rs. 5 crores and above-exit Load: Nil. Under ICICI Prudential Income Plan: 1) For an Investment of less than or equal to Rs. 10 Lakhs. a) If the amount sought to be redeemed or switched out is invested upto three months from the date of allotment-exit Load: 1% of the applicable NAV. b) If the amount sought to be redeemed or switched out is invested for more than three months but upto six months from the date of allotment-exit Load: 0.50% of the applicable NAV. c) If the amount sought to be redeemed or switched out is invested for a period of more than six months from the date of allotment-exit Load: Nil. 2) For an Investement above Rs. 10 Lakhs-Exit Load: Nil. Vide addendum dated 9th May, 2008, for all investments below Rs. 5 crores made under ICICI Prudential Growth Plan (excluding investments made through SIP & STP facilities) from May 12, 2008, no exit load will be charged. Vide Addendum dated June 2, 2008, for all the investments under ICICI Prudential Flexible Income Plan and ICICI Prudential Floating Rate Plan made on or after June 5, 2008, an exit load at the rate of 0.25% of the applicable NAV will be charged if the redemption/switch-out is made within 7 days from the date of allotment. Vide addendum dated August 8, 2008, w.e.f. August 11, 2008, for all direct investments i.e. purchases/switches under ICICI Prudential Flexible Income Plan made by Public Financial Institutions under the Scheme (excluding investments made through SIP and STP facility), no exit load will be charged, subject to the first investment under the Scheme being greater than or equal to Rs. 5 crores. Vide addendum dated August 19, 2008, all fresh investments under the following schemes from August 21, 2008 by using Systematic Investment Plan (SIP)/Systematic Transfer Plan (STP) facilities, will be charged an Exit Load of 1% of the applicable NAV, if the investments redeemed/switched out within 12 months from the date of allotment of units: ICICI Prudential Dynamic Plan, ICICI Prudential Discovery Fund, ICICI Prudential Services Industries Fund, ICICI Prudential Infrastructure Fund, ICICI Prudential Technology Fund, ICICI Prudential Child Care Plan - Gift Plan, ICICI Prudential Power, ICICI Prudential Emerging S.T.A.R. (Stocks Targeted At Returns) Fund, ICICI Prudential Equity & Derivatives Fund - Wealth Optimiser Plan, ICICI Prudential FMCG Fund, ICICI Prudential Indo Asia Equity Fund and ICICI Prudential Focused Equity Fund. Readers Digest Award: ICICI Prudential AMC received the Trusted Brands 'Gold Award' in the Investment Fund Company Category for the year 2008 from Reader's Digest. The total number of companies in the Investment Fund Company Category was 23. (For detailed methodology kindly refer Past Performance is no guarantee of future of results. 59

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