February 23, 2024
mayank
ICICI Prudential Bluechip Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 102.9200
NAV IDCW: Rs 102.9200
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate long term capital appreciation and income distribution to investors from a portfolio that is predominantly invested in equity and equity related securities of large cap companies.
Fund Manager:
1) Vaibhav Dusad
Education: Mr. Dusad has done B.Tech, M.Tech and MBA.
Experience: Prior to joining ICICI Prudential AMC Ltd, he has worked with Morgan Stanley, HSBC Global Banking and Markets, CRISIL, Zinnov Mangement Consulting and Citibank Singapore.
2) Anish Tawakley
Education: Mr. Tawakley has done PGDM (MBA) from IIM Bangalore and B. Tech (Mechanical Engineering) from IIT Delhi.
Experience: Prior joining to ICICI AMC he has worked with Barclays India – Equity Research, Credit Suisse India – Equity research – Indian financial services sector.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 365 days |
Basic Details
| Fund House | ICICI Prudential Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 16.56% |
| Benchmark | NIFTY 100 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 49,838 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.92% |
| (As on 31-Jan-2024) | |
| Risk Grade | Low |
| Return Grade | Above Average |
| Turnover | 23.00% |
Trailing Returns (%) of ICICI Prudential Bluechip Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ICICI Pru Bluechip Dir | 6.50 | 0.89 | 4.52 | 16.64 | 22.95 | 39.48 | 21.37 | 19.80 | 16.69 | 17.71 |
| S&P BSE 100 TRI | 3.52 | 0.81 | 3.67 | 13.81 | 17.08 | 31.95 | 17.51 | 17.66 | 15.55 | 15.75 |
| Equity: Large Cap | 5.56 | 0.87 | 4.60 | 16.95 | 21.88 | 39.42 | 17.88 | 17.56 | 14.92 | 15.68 |
| Rank within category | 36 | 38 | 41 | 37 | 37 | 39 | 6 | 5 | 5 | 5 |
| Number of funds in category | 98 | 101 | 98 | 98 | 96 | 93 | 61 | 52 | 43 | 43 |
Peer Comparison of ICICI Prudential Bluechip Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| ICICI Pru Bluechip Dir | 5 star | 39.48 | 21.37 | 19.80 | 0.92 | 49,838 | 16.56 | 1.00 (365) | 11Y 1M | 23.00 |
| SBI Bluechip Dir | 4 star | 25.18 | 15.34 | 17.64 | 0.86 | 43,273 | 15.73 | 1.00 (365) | 11Y 1M | 20.00 |
| Mirae Asset Large Cap Dir | 4 star | 24.71 | 14.89 | 16.44 | 0.54 | 37,904 | 16.86 | 1.00 (365) | 11Y 1M | 23.00 |
| HDFC Top 100 Dir | 4 star | 37.99 | 21.10 | 18.10 | 1.08 | 30,980 | 15.02 | 1.00 (365) | 11Y 1M | 18.00 |
| ABSL Frontline Equity Dir | 4 star | 32.38 | 17.68 | 17.25 | 1.01 | 26,046 | 15.28 | 1.00 (90) | 11Y 1M | 32.00 |
Portfolio Analysis of ICICI Prudential Bluechip Fund
| No. of Stocks | 69 |
| Top 10 Stocks | 51.59% |
| Top 5 Stocks | 33.39% |
| Top 3 Sectors | 44.74% |
| Portfolio P/B Ratio | 3.57 |
| Portfolio P/E Ratio | 23.72 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,22,872 | 3,22,872 |
| Giant (%) | 75.83 | 68.10 |
| Large (%) | 19.61 | 27.32 |
| Mid (%) | 4.18 | 5.20 |
| Small (%) | 0.38 | 1.93 |
| Tiny (%) | — | — |
How to Invest in ICICI Prudential Bluechip Fund?
Chanakya’s Mutual Fund Guidance For ICICI Prudential Bluechip Fund
Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.icicipruamc.com/registration
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