2. 3 Assets Management Company
1. HDFC Assets Management Company Limited
2. ICICI Assets Management Company Limited
3. Reliance Assets Management Company Limited
9 Equity Schemes of 3 Assets Management Company
HDFC
1. HDFC Top 200 Fund
2. HDFC Equity Fund
3. HDFC Prudence Fund
ICICI
4. ICICI Top 200 Fund
5. ICICI Discovery Fund
6. ICICI Dynamic Fund
RELIANCE
7. RELIANCE Vision Fund
8. RELIANCE Equity Fund
9. RELIANCE Regular Saving Fund
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3. HDFC Top 200 Fund
Active Management:
Refers to the use of a human element, such as a single Manager, co-managers or
a team of managers, to actively manage a fund’s Portfolio.They rely on analytical
research, forecasts and their own judgement and experience in making
investment decisions. They believe it is possible to profit from the stock market
through any number of strategies that aim to identify mispriced securities.
Passive Management:
An investing strategy that mirrors a market index and does not attempt to beat
the market attempt to beat the market
Investment Strategy:
The investment portfolio for equity and equity linked instruments will be
Primarily drawn from the companies in the BSE 200 Index
The fund may also invest in listed companies that would qualify to be in the
top200 by market capitalisation on the BSE even though they may not be
listed on the BSE
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4. Last 5 Year NAV (Net assets Value) and performance:
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5. HDFC Equity Fund
Investing in strong companies…
Stronger companies reduce risk in bad times, both of the markets and of the
Industry. Preference for strong and well managed companies across
capitalization Preference for No. 1, 2 or 3 companies in the respective sectors /
segments Investment in mid caps is also targeted in strong companies in their
respective sectors.
Quality of diversification is more important that quantity
Investments in 10 stocks with high correlation is riskier than investments in 3
stocks with low correlation
Despite maintaining a focused portfolio the fund is reasonably diversified
across sectors
Care is taken to target low correlation across sectors (diversify across key
Economic risks / variables)
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6. Last 5 Year NAV (Net assets Value) and performance:
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7. HDFC Prudence Fund
A balanced fund is one that has a portfolio comprising debt instruments,
convertible securities, preference and equity shares Assets are generally held in
predefined proportion of debt / money market securities and equities Broadly,
balanced funds target returns greater than debt schemes with lower volatility
than equity schemes Balanced funds provide investors with the best of both
worlds; the returns of equity with the safety of debt
In the long term, the mix between equity and debt instruments is targeted
Between 40:75 and 60:25 respectively
In such times when the interest rates are high and equities are expensive,
investments in debt would be generally more attractive versus equities and
accordingly the fund would increase the debt component in the portfolio
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8. Last 5 Year NAV (Net assets Value) and performance:
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9. ICICI Prudential Dynamic Fund
To generate capital appreciation by actively investing in equity and equity
related securities and for defensive consideration in debt / money market
instruments and derivative. The scheme is ranked 2 in Diversified Equity
category by Crisil. If you are already invested in this scheme, you may continue
to stay invested. But, do keep a check on its performance.
Investment Philosophy
This fund adopts a "Bottom-up" fundamental analysis strategy across market
capitalizations on a diversified basis, to identify and pick its investments. The
fund manager has the discretion to take aggressive or defensive asset calls,
based on market conditions
Key Benefits
It could be an ideal product in a volatile environment as it has the agility,
aimed at capturing upside opportunities in the market across market
capitalizations. On the flip side, it has the ability to switch to cash; thus seeking
to limit the downside, in case stock markets get into an overvalued position.
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10. Last 5 Year NAV (Net assets Value) and performance:
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11. ICICI Prudential Top 200 Fund
A multitude of choice could make it difficult to settle on anything. What
looks excellent today may not be that fruitful tomorrow, and what seems
to be hopeless today could be terrific tomorrow.
ICICI Prudential Top 200 Fund, an open-ended diversified equity fund allows
you to capture growth opportunities by constantly being on the lookout for out
the best sectors to invest in across multiple regions in the market.
Investment Philosophy
This fund seeks to optimize the risk-adjusted return by building a portfolio of
large and mid-cap stocks across select sectors. It follows a blend of top-down
macro research to identify growth sectors and bottom-up fundamental research
to identify stocks. It is a multi-sector fund focused on investing in carefully
selected stocks offering best possible risk-adjusted return across select sectors
with potential growth opportunities.
Key Benefits
It gives you a core large-cap portfolio with limited exposure to mid-cap stocks.
It gives you an edge by capturing the best sectoral opportunities in the market
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12. Last 5 Year NAV (Net assets Value) and performance:
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13. ICICI Prudential Discovery Fund
Open-ended Diversified Equity Fund, which aims to invest stocks available
at a discount to their intrinsic value, through a process of ‘Discovery’. The
process
involves
identifying
companies
that
are
well
managed,
fundamentally strong, and are available at a price, which can be termed as
a bargain.
Investment Philosophy
This fund adopts a "Bottom-up" strategy, to identify and pick its investments
based on an evaluation of several parameters such as Price / Earning, Price /
Book Value and Dividend Yield. The fund manager works towards building a
portfolio that is well diversified across sectors and constructed based on indepth research.
Key Benefits
It follows a value strategy of bargain hunting for intrinsically good stocks
As the potential value of the stocks in which the fund invests has not yet
been unlocked, the probability of growth is much higher.
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14. Last 5 Year NAV (Net assets Value) and performance:
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