ICICI PRUDENTIAL MUTUAL FUND (Revised) August 08, 2018

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: ICICI PRUDENTIAL MUTUAL FUND (Revised) August 08, 2018 Scheme Name Scheme Tenure 1 Action Series VIII Plan F * Close Ended 683 Days [Triple A mfs (Structured Obligation)] Reaffirmed Details of /Facilities in Annexure 1 * AMC proposes to rollover the scheme after its original maturity date, subject to regulatory and investors approval Rationale: has reaffirmed the rating of assigned to Oriented Fund Series VIII Plan F of Mutual Fund. The fund is managed by Asset Management Company (AMC). s capital protection oriented fund ratings are not recommendations to buy sell or hold a fund or scheme. These ratings do not comment on the volatility of net asset value (NAV) of the scheme or the level of NAV compared with the face value during the tenure of the scheme any time before maturity. The ratings are valid only for the maturity of the scheme. Series VIII Plan F is a closeended scheme which will mature on August 14, 2018. The AMC proposes to rollover the scheme for a maturity of 683 days after the original maturity date i.e. August 14, 2018, subject to regulatory and investors approval. The investment objective of the plan is to seek to protect capital by investing a portion of the portfolio in highest rated debt securities and money market instruments and also to provide capital appreciation by investing the balance in equity and equity related securities. The debt securities in which the scheme has invested would mature on or before the maturity of the plan under the scheme. The scheme is structured such that the investments in the debt component required for capital protection shall be of such proportion that its value on scheme maturity date less AMC expenses will be greater than or equal to face value of the units subscribed by the investors. The investment in debt security required for capital protection shall be in the form of government securities or securities rated as or equivalent, thereby ensuring highest credit quality. To assess the debt component of the portfolio, takes into account the default risk, reinvestment risk and other risks. then estimates the likelihood of a shortfall in the NAV with respect to the face value of the units of the scheme on maturity. reviews the rated mutual fund scheme on an ongoing basis to support its published rating opinions. The rating is based on the structure and Representation and Warranties given by Asset Management Company (AMC) that it will manage the portfolio of Oriented Fund Series VIII Plan F such that it meets s criteria to qualify for the capital protection oriented fund rating of. Analytical Approach: has assessed the underlying portfolio of the schemes which provides adequate maturity value of the debt portion to protect the initial capital collected for these schemes. Applicable Criteria: 's Methodology for Oriented Schemes 1 Complete definitions of the ratings assigned are available at www.careratings.com and in other publications. 1 s Limited

About AMC: Asset Management Company Limited ( AMC) is a joint venture between ICICI Bank (51%), India s second largest commercial bank and Prudential Plc (49%), one of the UK s largest players in the financial services sector. AMC is registered with the SEBI to act as an investment manager for the schemes of Mutual Fund. Presently, the AMC is India s largest fund house in terms of Assets under Management (AUM). The average assets under management of ICICI Prudential Asset Management Company (AMC) for the quarter April June 2018 stood at Rs. 310,166 crore. Status of n Cooperation with previous CRA: t Applicable Any Other Information: t Applicable for last three years: Please refer Annexure 2 te on complexity levels of the rated instrument: has classified instruments rated by it on the basis of complexity. This classification is available at www.careratings.com. Investors/market intermediaries/regulators or others are welcome to write to care@careratings.com for any clarifications. Analyst Contact: Name: Aditya Acharekar Tel: 022 6754 3528 Email: aditya.acharekar@careratings.com About s: s commenced operations in April 1993 and over two decades, it has established itself as one of the leading credit rating agencies in India. is registered with the Securities and Exchange Board of India (SEBI) and also recognized as an External Credit Assessment Institution (ECAI) by the Reserve Bank of India (RBI). s is proud of its rightful place in the Indian capital market built around investor confidence. s provides the entire spectrum of credit rating that helps the corporates to raise capital for their various requirements and assists the investors to form an informed investment decision based on the credit risk and their own riskreturn expectations. Our rating and grading service offerings leverage our domain and analytical expertise backed by the methodologies congruent with the international best practices. Disclaimer s ratings are opinions on credit quality and are not recommendations to sanction, renew, disburse or recall the concerned bank facilities or to buy, sell or hold any security. has based its ratings/outlooks on information obtained from sources believed by it to be accurate and reliable. does not, however, guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. Most entities whose bank facilities/instruments are rated by have paid a credit rating fee, based on the amount and type of bank facilities/instruments. In case of partnership/proprietary concerns, the rating /outlook assigned by is based on the capital deployed by the partners/proprietor and the financial strength of the firm at present. The rating/outlook may undergo change in case of withdrawal of capital or the unsecured loans brought in by the partners/proprietor in addition to the financial performance and other relevant factors. Annexure1: Details of s/facilities /Facilities Date of Issuance Coupon Rate Maturity Date Size of the Issue (Rs. crore) assigned along with Outlook 683 days^ Series VIII Plan F ^ Scheme is proposed to be rolled over for maturity of 683 days post its original maturity date i.e. August 14, 2018 1 Annexure2: of last three years III 201819 (5Jul18) 201718 (26Jul17) 201617 (28Jul16) 2 s Limited 201516

Plan H 2 IV Plan A, C, D, F & G 3 V Plan A & C 4 VI Plan A & C 5 VII Plan A 6 VII Plan BH 7 VIII Plan B 8 VIII Plan A, CJ 9 IX Plan AJ 10 X Plan AH 11 XI Plan AI 12 201819 (5Jul18) (5Jul18) (5Jul18) (5Jul18) (5Jul18) (5Jul18) (5Jul18) (5Jul18) (5Jul18) (5Jul18) 201718 (26Jul17) (26Jul17) (26Jul17) (26Jul17) (26Jul17) (26Jul17) (26Jul17) (26Jul17) (26Jul17) (26Jul17) 201617 (28Jul16) (28Jul16) (28Jul16) (28Jul16) (28Jul16) (28Jul16) (28Jul16) (28Jul16) (28Jul16) 3 s Limited (26Sep16) 201516 (18Jun15) (19Jan16)

13 14 15 XII Plan AC XIII Plan A & B XIV Plan A & B VIII Plan F * 201819 (5Jul18) (5Jul18) (23Jul18) 201718 (26Jul17) (9Oct17) 201617 (03Mar17) * AMC proposes to rollover the scheme after its original maturity date, subject to regulatory and investors approval. 201516 4 s Limited

CONTACT Head Office Mumbai Ms. Meenal Sikchi Mr. Ankur Sachdeva Cell: + 91 98190 09839 Cell: + 91 98196 98985 Email: meenal.sikchi@careratings.com Email: ankur.sachdeva@careratings.com Ms. Rashmi Narvankar Mr. Saikat Roy Cell: + 91 99675 70636 Cell: + 91 98209 98779 Email: rashmi.narvankar@careratings.com Email: saikat.roy@careratings.com s Limited (Formerly known as Credit Analysis & Research Ltd.) Corporate Office: 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai 400 022 Tel: +91226754 3456 Fax: +91226754 3457 Email: care@careratings.com AHMEDABAD Mr. Deepak Prajapati 32, Titanium, Prahaladnagar Corporate Road, Satellite, Ahmedabad 380 015 Cell: +919099028864 Tel: +91794026 5656 Email: deepak.prajapati@careratings.com BENGALURU Unit. 11011102, 11th Floor, Prestige Meridian II,. 30, M.G. Road, Bangalore 560 001. Cell: +91 98407 54521 Tel: +91804115 0445, 4165 4529 CHANDIGARH Mr. Anand Jha SCF. 5455, First Floor, Phase 11, Sector 65, Mohali 160062 Chandigarh Cell: +91 8511153511/9925142264 Tel: +9101724904000/01 Email: anand.jha@careratings.com CHENNAI Unit. O509/C, Spencer Plaza, 5th Floor,. 769, Anna Salai, Chennai 600 002. Cell: +91 98407 54521 Tel: +91442849 7812 / 0811 COIMBATORE T3, 3rd Floor, Manchester Square Puliakulam Road, Coimbatore 641 037. Tel: +914224332399 / 4502399 Mr. Nikhil Soni 304, Pashupati Akshat Heights, Plot. D91, Madho Singh Road, Near Collectorate Circle, Bani Park, Jaipur 302 016. Cell: +91 95490 33222 Tel: +91141402 0213 / 14 Email: nikhil.soni@careratings.com KOLKATA Ms. Priti Agarwal 3rd Floor, Prasad Chambers, (Shagun Mall Bldg.) 10A, Shakespeare Sarani, Kolkata 700 071. Cell: +9198319 67110 Tel: +9133 4018 1600 Email: priti.agarwal@careratings.com NEW DELHI Ms. Swati Agrawal 13th Floor, E1 Block, Videocon Tower, Jhandewalan Extension, New Delhi 110 055. Cell: +9198117 45677 Tel: +91114533 3200 Email: swati.agrawal@careratings.com PUNE Mr.Pratim Banerjee 9th Floor, Pride Kumar Senate, Plot. 970, Bhamburda, Senapati Bapat Road, Shivaji Nagar, Pune 411 015. Cell: +9198361 07331 Tel: +9120 4000 9000 Email: pratim.banerjee@careratings.com CIN L67190MH1993PLC071691 HYDERABAD Mr. Ramesh Bob 401, Ashoka Scintilla, 36502, Himayat Nagar, Hyderabad 500 029. Cell : + 91 90520 00521 Tel: +91404010 2030 Email: ramesh.bob@careratings.com JAIPUR 5 s Limited