OFFER DOCUMENT

Prudential ICICI Mutual Fund
a) Actual Scheme Recurring Expenses as on August 31, 2003:
As a % of Average weekly Net Assets
ICICI Premier ICICI Power+
Description *2003-2004 2002-2003 2001-2002 2000-2001 *2003-2004 2002-2003 2001-2002 2000-2001
(till
(till
31.08.03) 31.08.03)
Investment 1.25 1.25 1.25 1.25 1.16 1.23 1.25 1.24
management &
Advisory fees
Additional Fees (if any) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Trustee Fees 0.01 0.01 0.01 0.01 0.00 0.01 0.01 0.01
Audit Fees 0.01 0.04 0.02 0.04 0.00 0.05 0.04 0.06
Custodian Fees 0.01 0.01 0.04 0.14 0.01 0.04 0.09 0.22
Registrar & Transfer 0.51 0.34 0.11 0.15 0.09 0.16 0.25 0.07
Agent Fees
Listing fees 0.00 0.06 0.03 0.03 0.00 0.00 0.05 0.05
Bank charges 0.01 0.06 0.00 0.03 0.06 0.04 0.01 0.01
Postal & Mailing 0.00 0.22 0.23 0.23 0.03 0.07 0.23 0.31
Expenses
Brokerages 0.00 0.00 - - 0.18 0.23 - -
Advertising / 0.00 0.47 0.54 0.32 0.21 0.64 0.54 0.29
Marketing / Printing
Expenses
Cost related to 0.00 0.02 - 0.17 0.00 0.00 - 0.08
investor
communication
Other Expenses 0.70 0.02 0.27 0.11 0.67 0.00 0.03 0.16
Total Annual 2.50 2.50 2.50 2.50 2.41 2.47 2.50 2.50
Recurring Expenses
+ Renamed as Prudential ICICI Power consequent to its conversion into open-ended fund effective from September 27,
2001.
** Unaudited.
Estimated recurring expenses-open ended Schemes
As per the Offer Document for the Liquid Plan, Income Plan, Growth Plan, FMCG Fund, Tax Plan, Gilt Fund, Balanced Fund,
Technology Fund, Monthly Income Plan, Gilt Treasury 1 Year Plus Plan, Fixed Maturity Plan, Short Term Plan, Child Care Plan, Index
Fund, Power, Long Term Plan, Sweep Plan, Flexible Income Plan, Dynamic Plan, SPIcE, Floating Rate Plan and Flexible Income Plus
Plan the following were the estimated recurring expenses.
(% per annum of average net assets)
Description Growth Plan Income Plan Liquid Plan FMCG Fund Tax Plan Gilt Fund
Treasury Investment Balanced
Option Option Fund
Investment management & 1.25 1.25 0.70 1.25 1.25 0.75 0.75 1.25
Advisory fees
Additional Fees (if any) - - - - - - - -
Trustee Fees 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05
Custodian Fees 0.30 0.15 0.08 0.30 0.30 0.04 0.04 0.15
Advertising, Marketing & 0.50 0.25 0.03 0.50 0.50 0.02 0.02 0.20
Selling Expenses
Registrar & Transfer Agents Fees 0.10 0.10 0.10 0.10 0.10 0.04 0.04 0.10
Transaction Costs 0.05 0.05 0.02 0.05 0.05 - - 0.05
Audit Fees 0.01 0.01 0.01 0.01 0.01 - - 0.01
Cost related to Investor 0.04 0.04 0.01 0.04 0.04 0.02 0.02 0.03
communications
Cost of funds transfer 0.05 0.025 0.00 0.05 0.05 - - 0.05
Cost of providing Account State- 0.05 0.025 0.00 0.05 0.05 0.05 0.05 0.03
ments, dividend distributions, etc.
Cost of statutory advertisements 0.05 0.025 0.00 0.05 0.05 0.01 0.01 0.04
Other Expenses 0.05 0.025 0.00 0.05 0.05 0.02 0.02 0.04
Total Annual Recurring Expenses 2.50 2.00 1.00 2.50 2.50 1.00 1.00 2.00
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