Prudent Investor: Save Tax and Aim to Achieve your Financial Goal

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Oct. '09, Vol 19	An e-Newsletter for investors of ICICI Prudential Mutual Fund
Cover Story Tax Planning Save Tax and Aim to Achieve Your Financial Goal The term Tax Planning refers to the use of the tax saving instruments (deductions & exemptions) specified by the government so as to reduce the tax liability. This needs planning and prudent investment decision-making. What Options does one have for tax savings investments? The choice is wide enough. But what will take you closer to your financial goals? Section 80C of the Income Tax Act allows ... Read more » Concept Corner Open Market Operations Introduction & Definition In the articles on monetary policies and the impact of macro-economic factors on markets, we frequently come across the term 'Open Market Operations' (OMO). OMO is a measure by which a central bank controls the ... Read more » Market Overview Equity The foreign investors' faith in the resilience of the Indian economy, which has weathered the ... Debt The bond markets rallied during the month on account of reassurance given by RBI of not raising policy ... Read more » You can invest in any of the ICICI Prudential Mutual fund Schemes using your internet banking account with any of these and more banks. To proceed, click on INVEST ONLINE.
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, depending 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. Disclaimer: The sector(s)/stock(s) mentioned above do not constitute any recommendation of the same and ICICI Prudential Mutual Fund may or may not have any future position in these sector(s)/stock(s). Past performance may or may not be sustained in the future. The portfolio of the scheme is subject to changes within the provisions of the offer document of the scheme. Please refer to the Scheme Information Documen t for investment pattern, strategy and risk factors. In the preparation of the material contained in this document, ICICI Prudential Asset Management Company Ltd. (the AMC) has used information that is publicly available, including information developed in-house. Some of the material used in the document may have been obtained from members/persons other than the AMC and/or its affiliates and which may have been made available to the AMC and/or to its affiliates. Information gathered and material used in this document is believed to be from reliable sources. The AMC however does not warrant the accuracy, reasonableness and / or completeness of any information. We have included statements / opinions / recommendations in this document, which contain words, or phrases such as "will", "expect", "should", "believe" and similar expressions or variations of such expressions, that are "forward looking statements". Actual results may differ materially from those suggested by the forward looking statements due to risk or uncertainties associated with our expectations with respect to, but not limited to, exposure to market risks, general economic and political conditions in India and other countries globally, which have an impact on our services and / or investments, the monetary and interest policies of India, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or other rates or prices etc. ICICI Prudential Asset Management Company Limited (including its affiliates), the Mutual Fund, The Trust and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of this material in any manner. The recipient alone shall be fully responsible/are liable for any decision taken on this material.

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