As a successful professional you will agree that today only saving is not enough to stay ahead of inflation. For a better future you also need to invest. You need to make your money work harder, and one way to do this is to invest in the equity markets.   Invest in equity for the long-term Equity as an asset class has outperformed all other forms of investment in the long run. But equity investing comes with the attendant risks of market ups and downs. That is why for retail investors like you, a sensible way to tap the equity markets is to invest in equity mutual funds that allow you to benefit from the expertise of professional fund managers.   PruICICI Power In this context we would like to introduce to you, PruICICI Power. An open-ended equity fund, PruICICI Power with its judicious asset mix of growth oriented mid-cap stocks along with consistency providing large-cap stocks, offers you the ideal vehicle to capture opportunities in the market across varied sectors. It's fundamentals driven, bottom-up approach to stock selection has consistently yielded investor returns that speak for themselves. This focused fund management has resulted in a return of 40.64% in the last one year of the scheme. (See graph alongside. Past performance may or may not be sustained in future). Click here to apply online     Statutory Details: Prudential ICICI Mutual Fund (The Fund) has been set up as a Trust sponsored by Prudential plc (through its wholly owned subsidiary Prudential Corporation Holdings Limited) and ICICI Bank Limited. Prudential ICICI Trust Limited is the Trustee to the Fund and Prudential ICICI Asset Management Company Limited is the Investment Manager to the Fund. 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 • Prudential ICICI Power (An open-ended Growth Fund. Objective is to generate long term capital appreciation through investments in core sectors & associated feeder industries), Entry Load: (i) For investment of less than Rs.5 crores is 2.25% of applicable NAV; (ii) For investment of Rs.5 crores and above is Nil. No entry load will be payable in respect of switch transaction from one equity scheme of Prudential ICICI to another equity scheme of Prudential ICICI. Further, for investments by a Fund of Funds Scheme(s) in various schemes of Prudential ICICI Mutual Fund, there would not be any entry load / exit load charged by the underlying schemes; Exit Load: Nil; is the name of the Schemes and does not in any manner indicate either the quality of the Scheme or its future prospects and returns. For SIP & STP Investments: Entry load of 2.25% of the applicable NAV will be charged on the amount invested under the scheme. Exit Load: Nil. Exceptions: For all SIP and STP investments registered under Prudential ICICI Power from June 21, 2006 to July 31, 2006: (i) If redemptions are made from June 21, 2006 to July 5, 2006 no exit load shall be charged; (ii) If redemptions are made after July 5, 2006 but on or before the end of six months from the date of investment of each installment of SIP/STP investment, an exit load of 0.5% shall be charged.