ICICI Prudential Bluechip Fund Direct Growth
Equity
Direct
Large-Cap
About the Fund
ICICI Prudential Bluechip Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Vaibhav Dusad, Anish Tawakley. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Bluechip Fund Direct Growth has ₹59364 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
ICICI Prudential Bluechip Fund Direct Growth has given a CAGR return of 17.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 38.39%, 22.33% and 21.40% respectively.
Holdings
ICICI Prudential Bluechip Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Consumer Cyclical, Industrial, Tech, Basic Materials, Consumer Defensive, Health, Communication, Utilities, Real Estate. Its top holdings are ICICI Bank Ltd, Reliance Industries Ltd, Larsen & Toubro Ltd, HDFC Bank Ltd, Axis Bank Ltd
Taxation
As it is a large-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of ICICI Prudential Bluechip Fund Direct Growth
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. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential Bluechip Fund Direct Growth has no lock in period.
Fund Performance
93860 people have invested ₹ 43Cr in ICICI Prudential Bluechip Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
2
/19
72% Performance
77% Risk Management
40% Cost
2 out of 19 among large-cap
Consistently beats benchmark
Lower probablity of downside risk
Protects capital during bear phase
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.88% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹59364 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 27% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
81.8%
Mid cap
8.6%
Small cap
0.8%
Sector Allocation
Financial Services
26.6%
Energy
12.9%
Consumer Cyclical
12.1%
Industrial
10.8%
Tech
8.4%
Basic Materials
7.8%
Consumer Defensive
6.1%
Health
6%
Communication
4.4%
Utilities
3.6%
Real Estate
1.3%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 8.19% | 0% | |
 Reliance Industries Ltd | 7.64% | 0.7% | |
 Larsen & Toubro Ltd | 6.15% | 0% | |
 HDFC Bank Ltd | 5.42% | 6.7% | |
 Axis Bank Ltd | 4.77% | 0% |
See all
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 20.3% |
 UltraTech Cement Ltd | 7% |
Vaibhav Dusad
Fund Manager of ICICI Prudential Bluechip Fund Direct Growth, since 18 January 2021
Top funds managed
Anish Tawakley
Fund Manager of ICICI Prudential Bluechip Fund Direct Growth, since 5 September 2018
Top funds managed
Mutual Fund Insights
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 21.98% return, outperforming this fund by 0.58% per annum.
In the last 1 year, Quant Large Cap Fund Direct Growth has given 47.94% return, outperforming this fund by 9.55%.
Over the last 3 months, this fund has increased expense ratio by 3.5% moving from 0.85 to 0.88.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 26.1% return, outperforming this fund by 3.77% per annum.
Over the last 6 months, this fund has experienced a 23.9% growth in AUM moving from 47.92K Cr to 59.36K Cr.
ICICI Prudential Bluechip Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.14% since inception which is more than its category average return of 14.31%
Fund Allocations
This fund has an allocation of 91.2% in Equity, 0% in Debt and 8.8% in Cash related instruments
AUM size ₹59364 Cr
This fund has AUM of ₹59364 Cr which is more than its category average of ₹ 6761 Cr
Expense Ratio 0.88%
This fund has an expense ratio of 0.88% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions
The current NAV of ICICI Prudential Bluechip Fund Direct Growth is ₹115.75 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
ICICI Prudential Bluechip Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.07% | 4.07% |
6 Month Returns | 17.71% | 17.71% |
1 Year Returns | 38.39% | 38.39% |
3 Years Returns | 83.05% | 22.33% |
5 Years Returns | 163.69% | 21.4% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.88% as on June 2024
₹59364 Cr as on June 2024
ICICI Bank Ltd(8.19%), Reliance Industries Ltd(7.64%), Larsen & Toubro Ltd(6.15%), HDFC Bank Ltd(5.42%), Axis Bank Ltd(4.77%) as on June 2024
Financial Services(24.24%), Energy(11.77%), Consumer Cyclical(11.07%) as on June 2024
The alpha ratio for the ICICI Prudential Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Bluechip Fund Direct Growth | 8.6 | 5.53 | 2.74 |
As on June 2024
The alpha for ICICI Prudential Bluechip Fund Direct Growth is calculated against S&P BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ICICI Prudential Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Bluechip Fund Direct Growth | 0.84 | 0.84 | 0.94 |
As on June 2024
The Beta for ICICI Prudential Bluechip Fund Direct Growth is calculated with S&P BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ICICI Prudential Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Bluechip Fund Direct Growth | 2.67 | 1.32 | 0.83 |
As on June 2024
The sharpe ratio for ICICI Prudential Bluechip Fund Direct Growth is calculated with S&P BSE 100 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ICICI Prudential Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Bluechip Fund Direct Growth | 10.17 | 11.55 | 17.75 |
As on June 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.66 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.28 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Vaibhav Dusad, Anish Tawakley are the fund managers of ICICI Prudential Bluechip Fund Direct Growth
The Exit load of ICICI Prudential Bluechip Fund Direct Growth is 1%