ICICI Prudential Bluechip Fund Direct Plan Growth
Equity
Direct
Large-Cap
NAV: ₹ 73.2 as on 31-03-2023
Fund Performance
45887 people have invested ₹ 9.4Cr in mutual fund in the last three months
Fund Insights
In the last 1 year, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 7.45% return, outperforming ICICI Prudential Bluechip Fund Direct Plan Growth by 3.83%
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 31.83% return, outperforming ICICI Prudential Bluechip Fund Direct Plan Growth by 2.46% per annum
In the last 5 years, Canara Robeco Bluechip Equity Fund Direct Plan Growth has given 14.62% return, outperforming ICICI Prudential Bluechip Fund Direct Plan Growth by 2.04% per annum
Over the last 1 year, ICICI Prudential Bluechip Fund Direct Plan Growth has decreased expense ratio by 1.9% moving from 1.08 to 1.06
Over the last 3 months, ICICI Prudential Bluechip Fund Direct Plan Growth has experienced a 4.8% drop in AUM moving from 35.92K Cr to 34.19K Cr
INDmoney Rank
Powered by IND quant engine
5
/19
67% Performance
69% Risk Management
34% Cost
5 out of 19 among large-cap
Pros
Consistently beats benchmark
Lower probablity of downside risk
Larger AUM within category
Cons
No bad points found for this fund.
ICICI Prudential Bluechip Fund Direct Plan Growth Performance as on (31-Mar-23)
About the Fund
ICICI Prudential Bluechip Fund Direct Plan Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Vaibhav Dusad, Anish Tawakley, Sharmila D’mello. The fund could potentially beat inflation in the long-run.
Key parameters
1) ICICI Prudential Bluechip Fund Direct Plan Growth has a NAV of ₹73.2 as on 31-03-2023.
2) ICICI Prudential Bluechip Fund Direct Plan Growth has ₹34199 Cr worth of assets under management (AUM) as on 28-02-2023 and is more than category average.
3) The fund has an expense ratio 1.06 %.
ICICI Prudential Bluechip Fund Direct Plan Growth Overview
 | 1.06% |
 Benchmark | S&P BSE 100 India TR INR |
 | ₹34199 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 24.41% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
82.3%
Mid cap
8.4%
Small cap
0.4%
Sector Allocation
Financial Services
34%
Tech
12.5%
Energy
11.5%
Consumer Cyclical
9.1%
Industrial
8.9%
Basic Materials
6.4%
Consumer Defensive
5.7%
Health
4.7%
Communication
4.3%
Utilities
2.3%
Real Estate
0.7%
Top Holdings of ICICI Prudential Bluechip Fund Direct Plan Growth as on (31-Mar-23)
Equity Holdings69
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 ICICI Bank Ltd | 9.34% | 0% | |
 Reliance Industries Ltd | 8.02% | 0.6% | |
 HDFC Bank Ltd | 7.08% | 0% | |
 Infosys Ltd | 6.65% | 0% | |
 Larsen & Toubro Ltd | 6.55% | 0% |
See all
ICICI Prudential Bluechip Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -1.75% whereas the fund’s underlying benchmark Nifty 100 returns stands at -2.47% as on Feb'23
- This fund outperformed Nifty 100 by 0.72% in Feb'23
AUM Change
- AUM of the fund stands at 34.2K Cr as of Feb'23
- AUM decreased by 441.8 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
NTPC Ltd's allocation increased from 1.17% to 1.47%
UltraTech Cement Ltd's allocation increased from 2.82% to 3.1%
Maruti Suzuki India Ltd's allocation increased from 3.19% to 3.47%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 9.43 % to 8.98 %
Reliance Industries Ltd's allocation decreased from 8.12 % to 7.98 %
HDFC Bank Ltd's allocation decreased from 8.39 % to 7.01 %
Large Cap allocation has gone up from 82.1% to 82.3%
Small Cap allocation has gone up from 0.4% to 0.4%
Mid Cap allocation has gone down from 9% to 8.4%
Cash allocation has gone up from 8.4% to 8.9%
Top 3 Sectors in February were Financial Services, Tech & Energy
Feb'23
Financial Services
34%
Tech
12%
Energy
12%
Jan'23
Financial Services
34%
Tech
12%
Energy
11%
Gainers & Losers in ICICI Prudential Bluechip Fund Direct Plan Growth portfolio as on (28-Feb-23)
Top Growth Drivers | 1M Return |
|---|---|
 Tech Mahindra Ltd | 7.5% |
 TVS Motor Company Ltd | 6.1% |
 ITC Ltd | 4.2% |
Top Losers | 1M Return |
|---|---|
 Hindalco Industries Ltd | -14.7% |
 Hero MotoCorp Ltd | -11.3% |
 Infosys Ltd | -4.1% |
Peer Analysis
ICICI Prudential Bluechip Fund Direct Plan Growth Fund Manager
Vaibhav Dusad
Fund Manager of ICICI Prudential Bluechip Fund Direct Plan Growth, since 18 January 2021
Top funds managed
Anish Tawakley
Fund Manager of ICICI Prudential Bluechip Fund Direct Plan Growth, since 5 September 2018
Top funds managed
Sharmila D’mello
Fund Manager of ICICI Prudential Bluechip Fund Direct Plan Growth, since 31 July 2022
Top funds managed
Fund 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 14.34% since inception which is more than its category average return of 10.92%
Fund Allocations
This fund has an allocation of 91.15% in Equity, 0% in Debt and 8.85% in Cash related instruments
AUM size ₹34199 Cr
This fund has AUM of ₹34199 Cr which is more than its category average of ₹ 4668 Cr
Expense Ratio 1.06%
This fund has an expense ratio of 1.06% which is less than its category average expense ratio of 1.43%
Frequently Asked Questions
The current NAV of ICICI Prudential Bluechip Fund Direct Plan Growth is 71.64 as on 28-Mar-2023.
Existing (Absolute + CAGR)
ICICI Prudential Bluechip Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.71% | -1.71% |
6 Month Returns | 2.77% | 2.77% |
1 Year Returns | 2.86% | 2.86% |
3 Years Returns | 112.33% | 28.53% |
5 Years Returns | 76.98% | 12.09% |
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1.06 as on March 2023
34199 Cr as on March 2023
ICICI Bank Ltd(9.34%),Reliance Industries Ltd(8.02%),HDFC Bank Ltd(7.08%),Infosys Ltd(6.65%),Larsen & Toubro Ltd(6.55%) as on March 2023
Financial Services(31%),Tech(11.37%),Energy(10.49%) as on March 2023
The alpha ratio for the ICICI Prudential Bluechip Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Bluechip Fund Direct Plan Growth | 3.74 | 2.79 | 1.19 |
As on March 2023
The alpha for ICICI Prudential Bluechip Fund Direct Plan 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 Plan Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Bluechip Fund Direct Plan Growth | 0.82 | 0.94 | 0.93 |
As on March 2023
The Beta for ICICI Prudential Bluechip Fund Direct Plan 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 Plan 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 Plan Growth | 0.12 | 0.72 | 0.43 |
As on March 2023
The sharpe ratio for ICICI Prudential Bluechip Fund Direct Plan 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 Plan 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 Plan Growth | 13.68 | 20.96 | 18.05 |
As on March 2023
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 1.04 as on March 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.7 as on March 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Vaibhav Dusad,Sharmila D’mello,Anish Tawakley are the fund managers of ICICI Prudential Bluechip Fund Direct Plan Growth
The Exit load of ICICI Prudential Bluechip Fund Direct Plan Growth is 1%