ICICI Prudential Bluechip Fund Mutual Fund
ICICI Prudential Bluechip Fund Direct-Growth is a Large Cap mutual fund scheme from Icici Prudential Mutual Fund. This fund has been in existence for 10 yrs, having been launched on 01/01/2013. ICICI Prudential Bluechip Fund Direct-Growth has ₹35,929 Crores price of belongings beneath administration (AUM) as on 31/12/2022 and is medium-sized fund of its class. The fund has an expense ratio of 1.06%, which is greater than what most different Large Cap funds cost.
- ICICI Prudential Bluechip Fund Direct-Growth returns of final 1-year are 5.42%. Since launch, it has delivered 14.99% common annual returns. The fund has doubled the cash invested in it each 3 yrs.
- ICICI Prudential Bluechip Fund Direct-Growth scheme’s capability to ship returns constantly is in-line with most funds of its class. Its capability to manage losses in a falling market is above common.
- The fund has the vast majority of its cash invested in Financial, Technology, Energy, Automobile, Construction sectors. It has taken much less publicity in Financial, Technology sectors in comparison with different funds within the class.
- The fund’s high 5 holdings are in ICICI Bank Ltd., Reliance Industries Ltd., HDFC Bank Ltd., Infosys Ltd., Larsen & Toubro Ltd.
ICICI Prudential Bluechip Fund About
ICICI Prudential Bluechip Fund is a large-cap fairness fund provided by ICICI Prudential Mutual Fund in India. The fund’s goal is to generate long-term capital appreciation by investing primarily in bluechip corporations which might be leaders of their respective sectors. The fund invests in corporations which have a powerful observe document of efficiency and have the potential to proceed rising sooner or later.
The fund’s portfolio is diversified throughout a wide range of sectors, with a concentrate on corporations within the monetary, vitality, and shopper items sectors. Some of the highest holdings within the fund as of December 2021 embody HDFC Bank, Reliance Industries, Housing Development Finance Corporation, and ICICI Bank.
The fund has a comparatively low expense ratio in comparison with different funds in its class, which makes it a sexy choice for traders in search of a high-quality large-cap fairness fund with a powerful observe document of efficiency.
It is essential to notice that previous efficiency of a fund doesn’t assure future efficiency and the NAV of the fund may be affected by the market circumstances and different elements, As an investor one ought to consider their threat profile earlier than investing in any fund and align it with their monetary targets.
Investment Returns Calculator Of ICICI Prudential Bluechip Fund
Monthly SIP
of₹ 10,000
for5 years
Total investment₹6 Lakh
Profit₹3.05 Lakh
Current value of investment₹9.05 Lakh
You would have earned ₹ 16,139 more by investing in ET Money Direct Plan
| Total value | Profit | Annualized % | |
|---|---|---|---|
| This fund | ₹9.05 Lakh | ₹3.05 Lakh | 16.44% |
| Category Average | ₹8.53 Lakh | ₹2.53 Lakh | 14.03% |
| Bank FD | ₹7.16 Lakh | ₹1.16 Lakh | 7.18% |
| Gold | ₹8.06 Lakh | ₹2.06 Lakh | 11.74% |
Why ICICI Prudential Bluechip Fund ?
ICICI Prudential Bluechip Fund has a diversified portfolio of large-cap shares, which helps to cut back the general threat of the fund. The fund’s portfolio is constructed with a give attention to basic evaluation, which includes evaluating the monetary well being and progress prospects of the businesses during which the fund invests. This strategy helps to make sure that the fund is investing in corporations which can be more likely to carry out effectively within the long-term.
The fund has carried out effectively over time, constantly outperforming its benchmark index, the Nifty 50. As of December 2021, the fund has returned over 18% yearly within the final three years, in comparison with the Nifty 50’s return of round 15% over the identical interval. This signifies that the fund has been capable of generate returns which can be increased than the market common.
It’s additionally price noting that the ICICI Prudential Bluechip Fund has been constantly awarded Morningstar India’s “Gold” ranking, which signifies that the fund has been capable of ship superior risk-adjusted returns over a three-year interval.
As with any funding, it is vital to do your personal analysis and seek the advice of with a monetary advisor earlier than investing within the ICICI Prudential Bluechip Fund. However, based mostly on its previous efficiency, diversified portfolio, and basic analysis-based funding technique, it may be thought of as a great choice for these searching for a long-term funding with a average threat.
ICICI Prudential Bluechip Fund is appropriate for long-term buyers who’re on the lookout for capital appreciation via investments in bluechip firms. The fund has a long-term funding horizon and due to this fact, buyers with a short-term funding horizon might not discover it appropriate.
ICICI Prudential Bluechip Fund Management
The fund is managed by Mr. S. Naren, who has been managing the fund since its inception in 2008. With over 20 years of expertise within the mutual fund business, he has monitor document of managing large-cap fairness funds. This can provide buyers an assurance that the fund is being managed by an skilled skilled who has a deep understanding of the Indian fairness market.
As a common rule, large-cap funds are typically much less unstable than mid- or small-cap funds, and have decrease danger profile. However, the inventory markets could be unpredictable and it is vital to diversify your portfolio, not simply by allocating to totally different funds, but in addition throughout totally different asset courses. Therefore, it’s advisable to think about different funds like debt funds, gold or different various investments together with fairness funds to diversify and handle the danger in your portfolio.
