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ICICI Prudential US Bluechip Equity Fund Direct Growth

ICICI Prudential US Bluechip Equity Fund Direct Growth

Equity

Direct

Global - Other

About the Fund

ICICI Prudential US Bluechip Equity Fund Direct Growth is an equity fund. This fund was started on 2 January, 2013. The fund is managed by Rohan Maru. The fund could potentially beat inflation in the long-run.

Key Parameters

ICICI Prudential US Bluechip Equity Fund Direct Growth has ₹3031 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
The fund has an expense ratio 1.1.

Returns

ICICI Prudential US Bluechip Equity Fund Direct Growth has given a CAGR return of 16.60% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.42%, 9.59% and 16.72% respectively.

Holdings

ICICI Prudential US Bluechip Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health, Industrial, Tech, Consumer Defensive, Consumer Cyclical, Basic Materials, Communication, Financial Services. Its top holdings are International Flavors & Fragrances Inc, Corteva Inc, Allegion PLC, Veeva Systems Inc Class A, Comcast Corp Class A

Taxation

As it is a global - other 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of ICICI Prudential US Bluechip Equity Fund Direct Growth

The investment objective of ICICI Prudential US Bluechip Equity Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on recognized stock exchanges in the United States of America. The Scheme shall also invest in ADRs/GDRs issued by Indian and foreign 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 5000.00 and for SIP is INR 100.00. ICICI Prudential US Bluechip Equity Fund Direct Growth has no lock in period.

Fund Performance

10659 people have invested ₹ 3.9Cr in ICICI Prudential US Bluechip Equity Fund Direct Growth in the last three months

INDmoney Rank

IND ranking is not available for this fund.

3Y returns in the top 25% of the category

Among most bought funds within the category

Larger AUM within category

No bad points found for this fund.

Fund Overview

Expense ratio	1.1%
Benchmark	S&P 500 TR USD
AUM	₹3031 Cr
Inception Date	2 January, 2013
Min Lumpsum/SIP	₹5000/₹100
Exit Load	1%
Lock In	No Lock-in
TurnOver	59.41%
Risk	Very High Risk

Fund Distribution
as on (30-Jun-24)

Equity 98.4%
Debt & Cash 1.6%

Large cap

47.1%

Mid cap

44.2%

Small cap

7.1%

Sector Allocation

Jun'24

May'24

Apr'24

Health

23%

Industrial

20.1%

Tech

16.7%

Consumer Defensive

13.1%

Consumer Cyclical

7.9%

Basic Materials

6.6%

Communication

6.4%

Financial Services

6.2%

as on (30-Jun-24)

Equity

Holdings	Weight%	1M Change
International Flavors & Fragrances Inc	2.73%	-1.4%
Corteva Inc	2.63%	0%
Allegion PLC	2.6%	0%
Veeva Systems Inc Class A	2.54%	3.8%
Comcast Corp Class A	2.49%	0%

See all

Returns %
Fund Ratios
Overview

Funds	1Y Returns	3Y Returns	5Y Returns	Since Inception
ICICI Prudential US Bluechip Equity Fund Direct Growth	9.4%	9.6%	16.7%	16.6%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth	53.7%	21.8%	-	25.9%
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth	30.9%	13.4%	24.2%	24.4%
Kotak NASDAQ 100 Fund of Fund Direct Growth	27.5%	13%	-	15.3%

See all

Rohan Maru

Fund Manager of ICICI Prudential US Bluechip Equity Fund Direct Growth, since 19 September 2013

Top funds managed

Scheme	Annualised Returns(3Y)	Category Returns(3Y)
ICICI Prudential Equity Arbitrage Fund Direct Plan Growth	6.39%	5.58%
ICICI Prudential Liquid Fund Direct Plan Growth	5.9%	5.13%
ICICI Prudential Savings Fund Direct Plan Growth	6.24%	5.34%

Mutual Fund Insights

In the last 3 years, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 21.81% return, outperforming this fund by 12.21% per annum.

In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 24.23% return, outperforming this fund by 7.51% per annum.

In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 53.7% return, outperforming this fund by 44.28%.

Over the last 3 months, this fund has increased expense ratio by 1.9% moving from 1.08 to 1.10.

Over the last 3 months, this fund has experienced a 5.1% drop in AUM moving from 3.19K Cr to 3.03K Cr.

ICICI Prudential US Bluechip Equity 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 16.6% since inception which is more than its category average return of 8.11%

Fund Allocations

This fund has an allocation of 98.37% in Equity, 0% in Debt and 1.63% in Cash related instruments

AUM size ₹3031 Cr

This fund has AUM of ₹3031 Cr which is more than its category average of ₹ 520 Cr

Expense Ratio 1.1%

This fund has an expense ratio of 1.1% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of ICICI Prudential US Bluechip Equity Fund Direct Growth is ₹64.83 as on 24-Jul-2024.

Existing (Absolute + CAGR) as on 24-Jul-2024.

ICICI Prudential US Bluechip Equity Fund Direct Growth	Absolute Returns	CAGR Returns
1 Month Returns	0.81%	0.81%
6 Month Returns	5.4%	5.4%
1 Year Returns	9.42%	9.42%
3 Years Returns	31.63%	9.59%
5 Years Returns	116.61%	16.72%

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.

1.1% as on June 2024

₹3031 Cr as on June 2024

International Flavors & Fragrances Inc(2.73%), Corteva Inc(2.63%), Allegion PLC(2.6%), Veeva Systems Inc Class A(2.54%), Comcast Corp Class A(2.49%) as on June 2024

Health(22.67%), Industrial(19.79%), Tech(16.45%) as on June 2024

The alpha ratio for the ICICI Prudential US Bluechip Equity Fund Direct Growth for various period is as follows:

Fund Name	Alpha 1 Year	Alpha 3 Years	Alpha 5 Years
ICICI Prudential US Bluechip Equity Fund Direct Growth	-14.6	-3.99	-1.21

As on June 2024

The alpha for ICICI Prudential US Bluechip Equity Fund Direct Growth is calculated against S&P 500 TR USD. 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 US Bluechip Equity Fund Direct Growth for various period is as follows:

Fund Name	Beta 1 Year	Beta 3 Years	Beta 5 Years
ICICI Prudential US Bluechip Equity Fund Direct Growth	1.07	0.98	0.97

As on June 2024

The Beta for ICICI Prudential US Bluechip Equity Fund Direct Growth is calculated with S&P 500 TR USD. 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 US Bluechip Equity 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 US Bluechip Equity Fund Direct Growth	0.27	0.28	0.72

As on June 2024

The sharpe ratio for ICICI Prudential US Bluechip Equity Fund Direct Growth is calculated with S&P 500 TR USD. 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 US Bluechip Equity 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 US Bluechip Equity Fund Direct Growth	17.19	17.98	17.47

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 0.45 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

Rohan Maru is the fund manager of ICICI Prudential US Bluechip Equity Fund Direct Growth

The Exit load of ICICI Prudential US Bluechip Equity Fund Direct Growth is 1%

ICICI Prudential US Bluechip Equity Fund Direct Growth