The document describes ICICI Prudential's Equity Valuation Index, which is calculated by assigning equal weights to the price-to-earnings ratio, price-to-book ratio, government security price-to-earnings ratio, and the market capitalization to GDP ratio. The index is a proprietary model used by ICICI Prudential AMC to assess overall equity market valuations. As of May 31, 2023, the index indicated that market valuations remain in the neutral zone, suggesting equity investing can be considered from a long-term perspective combined with hybrid schemes allocating across asset classes to help manage volatility.

1. Equity Valuation index is calculated by assigning equal weights to Price-to-Earnings (PE), Price-to-Book (PB), G-Sec*PE and Market Cap to GDP ratio.
G-Sec – Government Securities. GDP – Gross Domestic Product, Data as on May 31, 2023 has been considered. Equity Valuation Index (EVI) is a
proprietary model of ICICI Prudential AMC Ltd. (the AMC) used for assessing overall equity market valuations. The AMC may also use this model for
other facilities/features offered by the AMC.
Mutual Fund investments are subject to market risks, read all scheme related documents
carefully.
Update as on May 31, 2023
ICICI Prudential
Equity Valuation Index
Our Equity Valuation Index highlights that market valuations continue to remain in the
Neutral Zone indicating that equity investing can be looked at from a long term
perspective coupled with investing in Hybrid Schemes that allocate across different
asset classes which may help navigate market volatility
108.8
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Aggressively Invest in Equities
Neutral
Incremental Money to Debt
Book Partial Profits
Invest in Equities