OFFER DOCUMENT

Prudential ICICI Mutual Fund
IMPORTANT NOTICE
Investing in mutual fund schemes involves certain risks and considerations associated generally with making investments in
securities. The value of the Scheme’s investments may be affected generally by factors affecting capital markets, such as price and
volume, volatility in capital markets interest rates, currency exchange rates, changes in regulatory and administrative policies of
the Government or any other appropriate authority (including tax laws) or other political and economic developments.
Consequently, there can be no assurance that the Scheme offered in this Offer Document would achieve the stated objectives.
The NAV of the Units of the Scheme may fluctuate and can go up or down. Past performance of the schemes managed by the
Sponsors or their affiliates or the Asset Management Company is not indicative of the future performance of the Scheme nor will
the performance of the Scheme, following the commencement of the operations, be indicative of the Scheme’s future performance.
Prospective investors are advised to review this Offer Document carefully and in its entirety and consult their legal, tax and
financial advisors to determine possible legal, tax and financial or any other consequences of subscribing to, purchasing or
holding Units under the Scheme, before making an application to purchase or hold the Units.
The Prudential ICICI Mutual Fund (the Fund) and the Prudential ICICI Asset Management Company Limited (the AMC), have not
authorized any person to give any information or make any representations, either oral or written, not stated in this Offer
Document in connection with issue of Units under the Scheme. Prospective investors are accordingly advised not to rely upon any
information or representations not incorporated in this Offer Document. Any subscription, purchase or sale made by any person
on the basis of statements or representations which are not contained in this Offer Document or which are inconsistent with the
information contained herein shall be solely at the risk of the investor.
The current Regulations impose certain restrictions and conditions on the AMC for entering into transactions with the Sponsors
and their associates on behalf of the Fund. These restrictions include:
a) Purchase or sale of securities through any broker associated with the Sponsors shall not exceed an average of 5% of the
aggregate purchases and sale of securities made by the Fund in all its Schemes. The limit of 5% shall apply for a block of
any three months.
b) Utilization of the services of the Sponsors or any of their associates, for the purpose of any securities transactions and
distribution and sale of securities shall be made only if a disclosure to this effect is made in the Offer Document.
c) The Fund shall not make any investment in;
1 any unlisted security of an associate or group company of the Sponsor; or
2. any security issued by way of private placement by an associate or group company of the Sponsor; or
3. the listed securities of group companies of the Sponsor which is in excess of 25% of the net assets of any of the
schemes of the Mutual Fund.
In this Offer Document, all references to “$” are to United States of America Dollars, “£” to Pound Sterling of United Kingdom
and “Rs.” are to Indian Rupees. The Reference Exchange Rate between the United States Dollar and the Indian Rupee has been
taken at $1 = Rs.48.00 and UK£ and Indian Rupee at 1£=Rs. 73.5774.
This Offer Document is dated September 22, 2003.
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