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 June 30, 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 June 30, 2023
ICICI Prudential
Equity Valuation Index
Our Equity Valuation Index highlights that market valuations are not cheap but they
continue to remain in the Neutral Zone. Thus, 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
109.4
50
70
90
110
130
150
170
Jun-05
Jun-06
Jun-07
Jun-08
Jun-09
Jun-10
Jun-11
Jun-12
Jun-13
Jun-14
Jun-15
Jun-16
Jun-17
Jun-18
Jun-19
Jun-20
Jun-21
Jun-22
Jun-23
Aggressively Invest in Equities
Neutral
Incremental Money to Debt
Book Partial Profits
Invest in Equities